Industry
Home repossessions in US rise 11 per cent
13 Jun 2013
Sobeys grocery chain to buy Safeway's Canadian arm for $5.70 bn
13 Jun 2013
The acquisition, the largest in the Canadian retail sector this year, will make Sobeys the leading grocer in Western Canada and Alberta
NSA surveillance scandal sends sales of Orwell’s ‘1984’ soaring
12 Jun 2013
The book on Tuesday rose to No4 on Amazon's list of ‘Movers and Shakers’, propelled by the news of secret surveillance of Verizon's call records by the US National Security Administration
Malaysia’s Petronas to invest $20 bn in Canadian LNG project
12 Jun 2013
Malaysian national oil company Petronas will invest approximately $20 billion on a new LNG export facility in British Columbia
Cheap eats help McDonald’s boost sales
11 Jun 2013
Coalgate: CBI files FIRs against Naveen Jindal, ex-minister Rao
11 Jun 2013
CBI today filed charges against, among others, Jindal Steel and Power Ltd, its promoter, Congress MP Naveen Jindal, and minister of state for coal Dasari Narayan Rao in the coal allocation scam
Canada to raise nuclear liability cap from $75 mn to $1 bn
11 Jun 2013
The government believes that the current cap of $75 million is too meagre after the Fukushima nuclear disaster, which attracted nuclear liability claims of tens of billions of dollars
Retraction of ONGC's Mozambique deal could invite Sebi scrutiny
By By Ravi Kunder | 11 Jun 2013
ONGC's retraction of its press release announcing that its subsidiary OVL and Oil India had signed an agreement to buy Videocon's 10-per cent stake in a Mozambique gas field for $2.48 billion, could attract Sebi action. By Ravi Kunder
OVL, Oil India to buy Videocon’s stake in Mozambique gas field for $2.48 bn
10 Jun 2013
For Videocon, the sale brings in a massive windfall from its passive investment made in early 2008 after it initially paid around $75 million for its 10-per cent stake and spent around $200 million during phase 1
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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