Wipro shares tank as Q1 earnings lag estimates
On Thursday the IT services major reported 29.5 per cent growth in net profit for April-June period, helped mainly by large deals in application and infrastructure space, which, however, missed forecast.
IMF maintains 5.4% growth forecast for India, cuts projection for emerging markets
For the global economy, IMF has lowered GDP growth forecast to 3.4 per cent for 2014 from 3.6 per cent projected in April.
ChrysCap takes a haircut as it sells 8% of Gammon India
The PE firm had previously struck a multi-bagger with Gammon almost a decade ago and reinvested in the firm few years back....
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Jabong backer Rocket Internet said to be preparing to raise $4B via IPO in Frankfurt
Earlier media reports had said that Rocket Internet was planning an IPO at $4 billion valuation.
KKR earnings soar in Q2, AUM rises to $98B
KKR’s portion of total uncalled commitments to its investment funds was $976.9 million.
UAE's Taqa scraps $1.6B deal to buy two hydro power assets of Jaypee Group
The deal was one of its kind, where an international strategic acquirer had roped in an Indian PE fund for the proposed transaction.
Himalya International terminating frozen foods JV with US-based Simplot
Himalya has been looking to break the JV for more than a year now.
Solar power products firm Fourth Partner Energy raises funding from Chennai Angels
Earlier in March, The Chennai Angels, invested in Bangalore-based education products and services start-up Skyfi Labs.