Industry
Canary Wharf owner Songbird rejects revised $4.07 bn bid from QIA and Brookfield
05 Dec 2014
London's prestigious Canary Wharf owner Songbird Estates today rejected a sweetened £2.6 billion bid from Qatar Investment Authority and Brookfield Property Partners
QIA - Brookfield Property raise bid for Songbird Estates to £2.6 bn
05 Dec 2014
Qatar Investment Authority and Brookfield Property Partners yesterday raised their bid for London's prestigious Canary Wharf owner Songbird Estates to £2.6 billion
US electronics retailer Best Buy to exit China
04 Dec 2014
Fierce competition from local retailers and a flourishing online retail business have led foreign retailers to abandon the Chinese market - Best Buy joins Metro and Home Depot in shutting shop and Carrefour mulling an exit
Australian broadcaster Ten Network attracts several prospective buyers
04 Dec 2014
Beleaguered Australian broadcaster Ten Network Holdings yesterday confirmed that several parties have shown interest in taking control of the group
India opens construction sector to 100% FDI
03 Dec 2014
Foreign investment in construction-development projects will get approval through the automatic route, with immediate effect
US joins India to oppose stronger UN nuke rules
03 Dec 2014
Govt further hikes excise duty on petrol and diesel
02 Dec 2014
The excise duty hike is expected to yield an additional Rs4,000 core in the remaining part of the current fiscal and, along with the Rs6,000 crore expected from the earlier hike in excise duty, would fetch the government an additional Rs10,000 crore
Russia to scrap South Stream gas pipeline
02 Dec 2014
US chipmaker Cypress in $4-bn merger deal with peer Spansion
02 Dec 2014
The merger of Cypress Semiconductor Corp and Spansion Inc, will create a leading global provider of microcontrollers and specialised memories for embedded systems
Commercial LPG prices slashed; petrol, diesel too cost less
01 Dec 2014
State-run oil and gas marketing companies have announced a sharp reduction of over Rs130 per non-subsidised cylinder of LPG
Mangalore Chemicals shares spurt as Vijay Mallya resigns from board
01 Dec 2014
Vijay Mallya has stepped down from the board of Mangalore Chemicals & Fertilizers as he lost control of his last bastion after losing control of Kingfisher Airlines and United Spirits
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
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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