Industry
Govt further hikes excise duty on petrol and diesel
02 Dec 2014
The excise duty hike is expected to yield an additional Rs4,000 core in the remaining part of the current fiscal and, along with the Rs6,000 crore expected from the earlier hike in excise duty, would fetch the government an additional Rs10,000 crore
Russia to scrap South Stream gas pipeline
02 Dec 2014
US chipmaker Cypress in $4-bn merger deal with peer Spansion
02 Dec 2014
The merger of Cypress Semiconductor Corp and Spansion Inc, will create a leading global provider of microcontrollers and specialised memories for embedded systems
Commercial LPG prices slashed; petrol, diesel too cost less
01 Dec 2014
State-run oil and gas marketing companies have announced a sharp reduction of over Rs130 per non-subsidised cylinder of LPG
Mangalore Chemicals shares spurt as Vijay Mallya resigns from board
01 Dec 2014
Vijay Mallya has stepped down from the board of Mangalore Chemicals & Fertilizers as he lost control of his last bastion after losing control of Kingfisher Airlines and United Spirits
Mangalore Chemicals shares spurt as Vijay Mallya resigns from board
01 Dec 2014
Vijay Mallya has stepped down from the board of Mangalore Chemicals & Fertilizers as he lost control of his last bastion after losing control of Kingfisher Airlines and United Spirits
German utility giant E.ON to split into two in major restructuring
01 Dec 2014
In response to rapid changes in the global energy markets, Germany’s largest utility E.ON SE plans to split its $122-billion business into two, with one focusing on renewable energy and the other on conventional energy
German utility giant E.ON to split into two in major restructuring
01 Dec 2014
In response to rapid changes in the global energy markets, Germany’s largest utility E.ON SE plans to split its $122-billion business into two, with one focusing on renewable energy and the other on conventional energy
Frenzied UK shoppers clash on Black Friday
29 Nov 2014
Canada’s BCE to buy local mobile phone retailer Glentel for $586 mn
29 Nov 2014
Better known by its brand name Bell, Canada's largest communications company BCE, yesterday struck a deal to buy local mobile phone retailer Glentel, in a $586-million deal
Oil wilts as OPEC stands by Saudi decision not to cut production
28 Nov 2014
To compete with US shale oil, production of which would be viable for a price of anywhere between $40 to $60 a barrel, OPEC has to allow for lower prices, feels Saudi Arabia, OPEC’s biggest oil producer