Power
Alstom to pay record $772 mn to settle US bribery charges
23 Dec 2014
According to the US Department of Justice, Alstom has paid a total of more than $75 million to secure $4 billion in projects around the world, and profited around $300 million
Power-hungry India suggests liability pool for nuclear damage: report
20 Dec 2014
The insurance pool is aimed at bailing out nuclear equipment suppliers from the liability of paying for damages in an accident under India’s nuclear liability law
Researchers develop novel lithium-sulphur
18 Dec 2014
Alstom nears $700 mn deal to settle US corruption charges
17 Dec 2014
Alstom’s US subsidiary in Connecticut along with its Japanese joint venture partner Marubeni are alleged to have paid millions of dollars in bribes to an Indonesian parliament member and other officials in order to secure a $118-million contract
Coalgate: Court tells CBI to further grill Manmohan Singh, others
16 Dec 2014
Refusing to accept CBI’s closure report, a special CBI court in Delhi today ordered it to record the statements of former Prime Minister Manmohan Singh, who held charge of the coal ministry in 2005 in the coal block misallocation case
Coal scam: Jharkhand ex-CM Koda, 6 others charged by CBI
12 Dec 2014
Former Jharkhand chief minister Madhu Koda and seven others have been charged by the CBI in a case related to the coal block allocation scam
US joins India to oppose stronger UN nuke rules
03 Dec 2014
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 E.ON close to selling Spanish operations for $3.1 bn
28 Nov 2014
E.ON SE, Germany's biggest utility, is close to selling its Spanish operations to Australian infrastructure investor Macquarie Group Ltd and a unit of Kuwait sovereign wealth fund
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
.jpg "Adani-Sirus joint venture to acquire 77.5% stake in Coredge.io parent Parserlabs")
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