Industry
Industrial-gas giants Praxair and Linde agree to an over $65-bn all-stock merger
21 Dec 2016
Three months after Linde and Praxair failed to arrive at a merger agreement over fear of job losses, the two combines have agreed to an all-stock merger that would create the world’s biggest industrial-gas company
Obama bans new oil, gas drilling off Alaska
21 Dec 2016
The ban is seen as President Obama’s last push to save environment as incoming President Donald Trump has said he would expand offshore oil and gas drilling
India attains 4th position in global wind power installed capacity
19 Dec 2016
With the addition of grid-connected capacity of 14,300 MW of renewable energy capacity in the last two-and-a-half years, the country is well on its way to exceed the target of 40 per cent non-fossil fuel-based power generation by 2030
Pakistan whips up frenzy over alleged changes in Indus Waters Treaty
17 Dec 2016
Pakistan has opposed India’s construction of the Kishanganga and Ratle hydroelectric plants, saying that the projects violate the provisions of the treaty
After Pfizer, Actavis accused of hiking drug price by 12,000%
17 Dec 2016
A week after Pfizer was slapped with a record fine of £84.2 million for unfair price hikes, the UK’s Competition and Markets Authority has accused Actavis of hiking the price of a drug from 70p to £88 a pack
Apple, Google, Uber, others say ‘no’ to Muslim registry
17 Dec 2016
In response to a BuzzFeed question on whether they would support a registry of Muslims if proposed by president-elect Donald Trump, Apple, Google, Uber, Microsoft, and Facebook said no – but significantly, Oracle and Amazon refused to answer
Apple, Google, Uber, others say ‘no’ to Muslim registry
17 Dec 2016
In response to a BuzzFeed question on whether they would support a registry of Muslims if proposed by president-elect Donald Trump, Apple, Google, Uber, Microsoft, and Facebook said no – but significantly, Oracle and Amazon refused to answer
Property tax can be levied on mobile towers, rules SC
17 Dec 2016
Setting aside a high court order, the Supreme Court has ruled that mobile towers can be taxed as ‘land’ and ‘property’ by state governments and their municipal bodies
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