An Indian court sentenced six men to life in prison after raping a Swiss tourist. The six Indian men accused of raping a Swiss tourist in India was sentenced for life imprisonment yesterday.
Tags: India
Samara Capital gathers US$150 million for its second fund
Samara Capital announced that it is sealing the first round of financing for its second fund at US$150 million
Lanco discusses restructuring of US$1.5 billion debt
India's Lanco Infratech Inc said that they are currently in discussion regarding the restructuring of the company's debt.
Luminous Water raises US$9.3 million through CLSA Capital Partners
Luminous Water Technologies Pvt. acquires US$9.3 million worth of funding from CLSA Capital Partners.
7 Countries where Windows Phone outsell iPhone
According to IDC, there were seven countries where Windows Phone outsold the iPhone. The Head of Public Relations at Microsoft, Frank Shaw, published a blog which tallied the progress of Microsoft.
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The first half of the year saw investments in agri-business rise 75% in India. Investments in Indian agri-business firms rose 75% in the first half of 2013.
Private equity companies Blackstone and MBK Partners are seeking for Singapore IPOs for the properties they individually own in Taiwan and India.
Sales of the iPhone 5 are not doing well in India, losing to closest rival Samsung and local brands.
Blackstone Group placed more investments in India by acquiring Indian auto parts maker Agile Electric Works.
Reserve Bank of India's decision to increase borrowing costs eliminated the country's largest bond gains and further extended the US$8 billion fund outflow.
The Renault-Nissan alliance will be investing US $2.5 million in India within the next four years. Car makers Renault and Nissan Motor Co. will be jointly investing the amount of US $2.
The South Korean steel making company pulls out from deal to put up US $5.5 billion plant after land acquisition became difficult.
The opening up of the Indian forex market has allowed the stock exchange to further grow in recent times.
The last remaining postal service in India finally shut down after more than a century's operation.
