The real estate in India holds promise to institutional investors, as noted by global realty consultant Cushman & Wakefield as private investment in the country's real estate sector jumped 26% in the first nine months of this year.
Sectors
IFC mulls over second rupee bond sale
The International Finance Corporation is looking to sell rupee-denominated bonds for the second time. The World Bank investment arm raised INR1,000 crore in its first rupee-bond issue.
WTO agrees on first trade reform deal
The World Trade Organization finally agreed on its first global trade deal on Saturday, December 7. The agreement could add nearly USD 1 trillion to the worldwide economy.
Yahoo! buys online live concert platform Evntlive
Yahoo! Inc. on Friday confirmed its purchase of online live concert service Evntlive for an undisclosed sum. As a result of the deal, Evntlive will be shutting down and joining Yahoo!'s video team.
CBRE Group announces acquisition of The CAC Group
The CAC Group, one of the leading commercial real estate services firms in San Francisco, was acquired by CBRE Group, Inc. CBRE Group, Inc's statement did not disclose financial details regarding the transaction.
Latest News
American book chain Barnes & Noble made public an on-going US Securities and Exchange Commission investigation on its accounting practices. Barnes & Noble recently restated its earnings for fiscal year 2011 and 2012.
Hayneedle, an online retailer backed by venture capital firms Insight Venture Partners and Sequoia Capital, ranked number 2 in LightningBuy's study of top 100 online retailers.
Diego Rivera's Detroit Industry murals, which was commissioned by Ford Motors Co. in 1932, has been protected from Detroit's bankruptcy sale. Britain's Christie's Inc. assessed pieces bought by the city money to be worth USD452 million to USD866 million.
An article by the International Business Times provided an insight on the growing trend of conscious investing among private equity firms, which based their investment decisions on environmental, social and corporate governance (or ESG) factors.
Thirteen defendants said they were guilty of the cyber attack against PayPal three years ago. They were members of a hacker group known as Anonymous.
Kidozen, a maker of software designed to create custom-made mobile apps, received USD5 million to scale its business after emerging from private beta in February this year.
According to an article by published on Forbes, even senior private equity leaders confirm the need of women in leader roles in order to gain advantage in dealmaking.
AT&T has asked the permission of the US Securities and Exchange Commission to allow the firm to exclude a request from shareholders asking for the details how it shares customer information with government agencies in its annual meeting.
SunFarmer, a non-profit developer of solar power in impoverished areas, will construct its first solar power project in Nepal using a USD2 million grant from SunEdison Inc. SunFarmer is seeking donations to build 100 solar projects in the country.
