Reuters
Finance
Carlyle set to close its biggest-ever Asia PE fund at $6.5 bn
Carlyle Group is set to close its biggest-ever Asia private equity fund at $6.5 billion, people with direct knowledge of ......
Markets
Sensex, Nifty post first weekly loss in more than a month
Indian shares ended lower on Friday, snapping a straight run of five weekly gains, tracking global cues with drugmakers and ......
Economy
India services growth accelerates to three-month high in April
Activity in India’s dominant service sector accelerated in April thanks to a pick up in new business that encouraged firms ......
TMT
Flipkart buys back shares from IDG Ventures, SoftBank and Accel execs
Indian online marketplace Flipkart has bought back $350 million worth of shares from its investors as it seeks to convert ......
Finance
KKR to convert to a corporation from partnership after US tax reform
Private equity firm KKR & Co LP (KKR.N) said on Thursday it would convert from a partnership to a corporation ......
Finance
Private equity firm Apollo Global reports first quarterly loss in two years
Buyout firm Apollo Global Management LLC reported its first quarterly loss in two years on Thursday, as stock market jitters ......
Infrastructure
Debt-laden Lanco Infratech to file for potential liquidation
India’s Lanco Infratech Ltd said on Thursday a panel of its creditors has not approved an insolvency resolution plan and ......
Markets
IT stocks drag Sensex lower for second straight day
Indian shares slipped for a second straight session on Thursday, dragged by IT stocks, while weaker global peers amid caution ......
Finance
Sovereign wealth funds flock to tech startups in India, other emerging economies
Sovereign investors are helping fuel billion-dollar funding rounds for emerging-market tech startups, where companies and their backers are fighting for ......
Economy
US Fed holds interest rates steady, on track for June hike
The Federal Reserve held interest rates steady on Wednesday and expressed confidence that a recent rise in inflation to near ......
