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Wipro shares tank as Q1 earnings lag estimates

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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.

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.

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IMF maintains 5.4% growth forecast for India, cuts projection for emerging markets

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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.

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.

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KKR earnings soar in Q2

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ChrysCap takes a haircut as it sells 8% of Gammon India

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The PE firm had previously struck a multi-bagger with Gammon almost a decade ago and reinvested in the firm few years back.

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

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Earlier media reports had said that Rocket Internet was planning an IPO at $4 billion valuation.

Earlier media reports had said that Rocket Internet was planning an IPO at $4 billion valuation.

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KKR earnings soar in Q2, AUM rises to $98B

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KKR’s portion of total uncalled commitments to its investment funds was $976.9 million.

KKR’s portion of total uncalled commitments to its investment funds was $976.9 million.

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UAE's Taqa scraps $1.6B deal to buy two hydro power assets of Jaypee Group

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The deal was one of its kind, where an international strategic acquirer had roped in an Indian PE fund for the proposed transaction.

The deal was one of its kind, where an international strategic acquirer had roped in an Indian PE fund for the proposed transaction.

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Himalya International terminating frozen foods JV with US-based Simplot

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Himalya has been looking to break the JV for more than a year now.

Himalya has been looking to break the JV for more than a year now.

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Solar power products firm Fourth Partner Energy raises funding from Chennai Angels

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Earlier in March, The Chennai Angels, invested in Bangalore-based education products and services start-up Skyfi Labs.

Earlier in March, The Chennai Angels, invested in Bangalore-based education products and services start-up Skyfi Labs.

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