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Chinese stocks fell after European leaders failed to make progress on the debt crisis in Greece and the Fed did not give any indication it would launch a new round of loose credit.

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The Federal Reserve notified banks that they need to submit proposals for a new round of stress tests, including extra scrutiny for institutions with large trading operations.

Club Reporter, Mark Round talks to Technical Manager Ian Hewlett about the dangers of carbon monoxide and offers advice about how to stay safe on the campsit

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Pai's latest club deal is a $2-million round in on-demand home services marketplace Zimmber with Omidyar Network, IDG Ventures India and Sherpalo Ventures.

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Mumbai-based Rejuvenate Solutions Pvt Ltd, the company behind on-demand home services platform Zimmber, has raised just under $2 million (around Rs 12 crore) in pre-Series A funding round from IDG Ventures, Omidyar Networks, Ram Shriram's (founding board member of Google) Sherpalo Ventures and TV Mohandas Pai's (chairman of Manipal Global Education and former Infosys director) Aarin capital.

On Thursday, thredUP, a marketplace for used apparel announced that it had raised $81 million in a venture funding round led by Goldman Sachs Investment Partners.

The Indian government's provisional revenue from the sale of third-generation (3G) airwaves Monday crossed the Rs.65,000 crore ($14.2 billion) mark and nationwide licence price reached over Rs.16,000 crore ($3.5 billion) at the end of 176 rounds of an auction to award the spectrum for telecom services.

India Thursday concluded 132 rounds of an auction to award spectrum for third generation (3G) telecom services in the country, with the government's provisional revenue from the sale of airwaves crossing the Rs.45,000 crore ($9.9 billion) mark and all the 22 circles receiving bids.

India on Wednesday completed 58 rounds of an auction to award radio frequency spectrum for third generation telecom services in the country, with the provisional winning price for a nationwide licence crossing Rs.6,500-crore mark.

India Thursday concluded 100 rounds of an auction to award spectrum for third generation (3G) telecom services in the country, with the provisional winning price for a nationwide licence reaching over Rs.9,300 crore.

India Monday concluded five rounds of an auction of airwaves for broadband wireless access (BWA) services, with the provisional winning price for a nation-wide licence reaching Rs.2,353.18 crore.

India has completed 52 rounds of an auction to award radio frequency spectrum for third generation telecom services in the country, with the government expected to get Rs.25,769.82 crore as minimum revenue from the bidding.

India Wednesday concluded 94 rounds of an auction to award spectrum for third generation (3G) telecom services in the country, with the provisional winning price for a nationwide licence nearing the Rs.9,000 crore level.