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According to the source, it was revealed that Apollo Global Management would invest about USD 500 million to Indian steel pipe manufacturer, Welspun group. This is the second biggest private equity investment in India.

It has been observed that the numbers of deals by the private equity firms are increasing rapidly. Some of the private firms include 3i Group Plc and Blackstone Group that are hoping for new investment opportunities.

Effortlessly working for weeks for campaigning and negotiations have finally gained France's Christine Lagarde the position of being known as the new Managing Director of the International Monetary Fund. Also known as the first woman to head up the organization, Lagarde’s skills have continued the established tradition of having a European in the top job.

To discuss the market and get some valuable views on the market, ET Now held an interview with Andrew Holland, CEO-Equities, Ambit Capital Pvt. Ltd. In the interview, Andrew Holland primarily stated that the Indians could face sharp rally in September in Indian markets.

During the interview, it was marked by Holland that June was very tough and the commodity or the high commodity price, including oil, could cause more demand destruction in the west as well. All have seen that global efforts are being put in to bring the oil prices down and possibilities are higher that the food prices could be the next target for global governments.

Sensex holds on to early gains as the afternoon trade on Wednesday showcased that it was up by approx 198 points at that time.

According to the reports, the 30-scrip sensitive index of the Bombay Stock Exchange (BSE) ruled at 18,679.2 points, which is definitely higher than its opening point’s figure of 18,552.19 points. It states that the index was 186.75 points or 1.01 percent up from its previous close at 18,492.45 points. Also the 50-scrip S&P CNX Nifty of the National Stock Exchange was trading higher at approx 5,598.2 points i. e. 0.95 percent up.

The future of Roscommon hospital seems to be bleak as no decision has yet been taken about its emergency department. However, the Health Service Executive (HSE) has recommended that the hospital’s emergency department should be closed down by 11th July. It is believed that shortage of medical staff in the hospital has led HSE to take this action.

For decades, Scottish women have been neglecting obesity which along with drinking and smoking habit has put their health at risk. A report has revealed that since 2004, because of obesity, the death rate has risen by 40%.