Industry
Amec to acquire Swiss rival Foster Wheeler for $3.13 bn
13 Feb 2014
The acquisition will enable Amec to serve across the whole oil and gas value chain and add mid and downstream capabilities to its existing upstream focus
World’s largest solar thermal project goes on stream in US
13 Feb 2014
The project, in which Google is a partner, can produce enough electricity to provide 140,000 homes with clean energy and avoid 400,000 metric tons of carbon dioxide per year
Bidding in 1800 Mhz band strengthens as 2G auction continues on 10th day
13 Feb 2014
Out of the last five online spectrum auctions, the current one is the largest the in terms of radio waves on sale, and the third-longest till date in terms of duration
Massive protests mark ‘Day We Fight Back’ against NSA spying
By By Jagdeep Worah | 12 Feb 2014
Internet users sent 80,000 calls and nearly 160,000 e-mails to their representatives in the US alone on 11 February, designated as ‘The Day We Fight Back’ against US surveillance. Jagdeep Worah reports.
Danone buys 5.9% stake in China Mengniu Dairy for $665 mn
12 Feb 2014
French diary major Danone will emerge become the second-biggest investor in China's largest milk producer, Mengniu Dairy, after the deal
US, Indian drug authorities agree on regulatory cooperation
11 Feb 2014
Indian manufacturers supply nearly 40 per cent of the total generic drug needs of the US
Kejriwal trains guns on Ambani, Deora, Moily over gas pricing
11 Feb 2014
Delhi chief minister Arvind Kejriwal today said that he has ordered the anti-corruption branch of the Delhi Police to file a criminal case against Mukesh Ambani, Murli Deora, and Veerappa Moily on a complaint by four people over RIL's gas pricing
Continental AG to buy US rival Veyance Technologies for $1.9 bn
11 Feb 2014
German tyre and car parts maker Continental AG expects to expand its global industrial business, particularly in the US and South America through the acquisition of Veyance
Cheaper drugs not necessarily spurious, India tells US FDA
11 Feb 2014
India has drawn the FDA commissioner's attention to the fact that most of the time, audit inspections were not followed by discussions with the companies and harsh decisions were taken before a reply was received
DLF sells Aman Resorts for Rs2,200 crore to pare debt
10 Feb 2014
DLF had bought a 97-per cent stake in Aman Resorts for $400 million in 2007, which it subsequently raised to 100 per cent
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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