Industry
Despite row Iran supplied India more oil in June
21 Jul 2011
Despite all the moaning over unpaid bills, Iran actually supplied more oil to India in June - up 14 per cent over May - according to a report.
Carl Icahn corners Clorox with 13-bn bid
21 Jul 2011
Activist-investor Carl Icahn yesterday raised his unsolicited bid for Clorox to $13 billion and offered to place $5.2 billion in an escrow account signalling his ability to finance the deal
Ecolab, Nalco to merge in $8.1-bn deal
20 Jul 2011
US cleaning products giant Ecolab Inc today said that it will buy industrial water treatment company Nalco Holding Co in a deal valued at around $8.1 billion including debt
Andhra uranium find may be world’s largest: DAE
19 Jul 2011
The Tummalappalle uranium mine in Andhra Pradesh may potentially be the largest in the world, according to India’s Department of Atomic Energy, with an initial estimated reserve of 14,000 tonnes now revised to 1.5 lakh tonnes.
CBI grills Raja, Behura in 2G scam
19 Jul 2011
The extensive grilling by CBI investigators at the Patiala court lock-up is a prelude to the framing of the third charge-sheet by the agency.
Clorox rejects Icahn's $12.6-bn bid, adopts shareholder rights plan
19 Jul 2011
Icahn, who is the company's largest investor with a 9.4-per cent stake, had last week put Clorox into play in a bid to flush out prospective buyers, with his $12.6-billion bid