Industry
Slump forces Alcoa to cut global capacity by 12%
06 Jan 2012
Alcoa Inc, the world's biggest aluminum company, today said it will reduce global production capacity by 12 per cent, in order to reduce costs amid slumping aluminum prices
Kazakh miner ENRC to pay $1.25 bn to settle Congo copper dispute with First Quantum
06 Jan 2012
The settlement ends one of Africa’s most acrimonious investment disputes and First Quantum will end all legal action against both Kazakh miner Eurasian Natural Resources Corp and the government of Democratic Republic of Congo
China’s Sinopec invests $2.2 bn in US shale deal
04 Jan 2012
Macau’s gambling revenues soar by 42 per cent
04 Jan 2012
Gold hallmarking to be made compulsory
04 Jan 2012
Former Mayawati aide raided over NRHM scam
04 Jan 2012
The CBI today raided the residence of sacked UP minister Babu Singh Kushwaha in connection with the financial irregularities in the multi-crore National Rural Health Mission scam
TDSAT can’t rule on 3G roaming, says DoT
04 Jan 2012
The DoT cited a recent judgement of the Supreme Court wherein it had said the tribunal could not entertain a petition altering the licence conditions
China's LDK Solar to buy Germany’s Sunways for €24.2 million
03 Jan 2012
LDK and Sunways are looking to conclude the transaction by the end of the first quarter with the German manufacturer maintaining its own brand and stock market listing
US begins phasing out incandescent bulbs
03 Jan 2012
With the start of the New Year, the US has begun to phase out incandescent bulbs and replace them with energy-efficient CFL bulbs
Maharashtra may compel realtors to build low-cost housing
03 Jan 2012
The Maharashtra government has changed the Development Control rules to make it compulsory for real estate companies to reserve 20 per cent of the area in a plot of more than 2,000 sq m for low-cost housing
No luck for 3G roaming as DoT calls it illegal
02 Jan 2012
2G: Chandolia to remain free, rules SC
02 Jan 2012
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