Industry
China's Zoomlion sweetens bid for US crane maker Terex Corp to $3.4 bn
16 Mar 2016
Zoomlion believes the deal offers strategic benefits to both companies since Terex's main products are aerial work platforms, cranes and material handling equipment
Gruppo Campari to buy out French distiller Grand Marnier
16 Mar 2016
Gruppo Campari will initially acquire about 20 per cent of the shares from the family that controls Grand Marnier and acquire the remainder of the family's holdings by 2021
49% FDI ceiling in defence not attractive: Airbus
15 Mar 2016
European aircraft manufacturer Airbus Group today cautioned that the 49 per cent foreign direct investment limit in the defence sector cannot fetch India the industry or the right original equipment manufacturer that it is eying under its ‘Make in India’ initiative
49% FDI ceiling in defence not attractive: Airbus
15 Mar 2016
European aircraft manufacturer Airbus Group today cautioned that the 49 per cent foreign direct investment limit in the defence sector cannot fetch India the industry or the right original equipment manufacturer that it is eying under its ‘Make in India’ initiative
Campari close to buying global distribution business of French cognac maker Grand Marnier Group
15 Mar 2016
China's Anbang launches hostile $12.84-bn bid for Starwood Hotels
14 Mar 2016
A consortium led by China's Anbang Insurance Group has launched an unsolicited $12.84-billion bid to acquire Starwood Hotels and Resorts, potentially derailing the already planned takeover of the US hotel operator by Marriott International
Waldorf's Chinese owner Anbang to buy Strategic Hotels for $6.5 bn
14 Mar 2016
The Beijing-based insurer has recently made a push into buying overseas assets and made some high profile acquisitions
India bans Pfizer, Abbot cough syrups; shares tank
14 Mar 2016
The centre has banned Pfizer’s Corex and Abbot Laboratories’ Phensedyl after a panel of experts found the codeine-based drugs had ‘no therapeutic justification’ and were leading to addiction as well as smuggling
India bans Pfizer, Abbot cough syrups; shares tank
14 Mar 2016
The centre has banned Pfizer’s Corex and Abbot Laboratories’ Phensedyl after a panel of experts found the codeine-based drugs had ‘no therapeutic justification’ and were leading to addiction as well as smuggling
India bans Pfizer, Abbot cough syrups; shares tank
14 Mar 2016
The centre has banned Pfizer’s Corex and Abbot Laboratories’ Phensedyl after a panel of experts found the codeine-based drugs had ‘no therapeutic justification’ and were leading to addiction as well as smuggling
Oil prices may have finally bottomed out: IEA
14 Mar 2016
The uptick in oil prices from a January low of $28.5 a barrel to around $40 now does not necessarily mean the worst is over, but supply and demand will probably find a balance in 2017, says the International Energy Agency
Telcos under scanner as CAG finds Rs12,489 cr ‘scam’
12 Mar 2016
A report by the Comptroller and Auditor General of India says understatement of revenues by all the major mobile operators has caused massive losses to the exchequer, but the telecom firms say the issues are all under litigation in various forums
India to pare down foreign defence contract payments
12 Mar 2016
India plans to reduce contracts with foreign defence equipment vendors to 30 per cent of the total procurement over the next two years, defence minister Manohar Parrikar said on Friday
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Featured articles
The remarkable Ratan Tata
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One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
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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
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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.
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The Rise and Rise of HDFC Bank
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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
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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
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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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