Industry
Anadarko to buy Freeport McMoRan’s Gulf of Mexico assets for $2 bn
14 Sep 2016
Anadarko said the deal will more than double its acreage in the Lucius development to approximately 49 per cent and add approximately 80,000 net barrels of oil equivalent per day, more than 80 per cent of which is oil
India, Russia explore feasibility of gas pipeline
14 Sep 2016
An industry level working group led by Gazprom, biggest Russian gas company, and a consortium of Indian oil and gas companies is studying the feasibility of a gas pipelines for direct gas delivery from Russia to India
Japanese chipmaker Renesas to buy Intersil of US for $3.22 bn
13 Sep 2016
A combination of Renesas’ market-proven microcontroller and system-on-chip products and technologies and Intersil’s leading power management and precision analog capability will make Renesas a leader in key areas such as automotive, industrial, cloud computing, healthcare, and the Internet of Things
German industrial-gas giant Linde ends merger talks with US rival Praxair
13 Sep 2016
Linde, based in Munich, opted out of merger talks as it wanted to have certain operations to be based at its Munich headquarters for effective management control
Crude prices drop 1.5% as US rig count increases
12 Sep 2016
The successive price falls support the idea that oil will continue to bounce off the $50 per barrel mark and effectively proves "the dynamic of shale oil"
Patanjali plans to go global with 'swadeshi' products
12 Sep 2016
Patanjali is also planning to enter the fashion and apparel market with the launch of Indianised jeans to cash in on the young consumer
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
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