Industry
Italy's Luxottica to acquire French luxury eyewear designer Alain Mikli
03 Nov 2012
Due to lack of competition, Luxottica routinely sells eyecare glasses at over $200, although it cost less than $30 to make
Israeli govt rejects Potash Corp’s $15-bn bid for Israel Chemicals
03 Nov 2012
Israeli government, which does not physically hold any shares in ICL, can overrule other shareholders’ decisions since it has given ICL exclusive rights to mine in the Dead Sea and the Negev Desert
Roche’s patent on Hepatitis C drug set aside
02 Nov 2012
The amended Patents Act allows any interested party, including patients, to challenge a patent after it was granted
Codelco to sell part stake in Anglo American Sur JV to Mitsui for $998 mn
02 Nov 2012
Codelco had earlier taken Anglo American to court after it sold a 24.5-per cent stake in its Sur copper mining complex in southern Chile to Japanese trading house Mitsubishi, for $5.39 billion
iPhone 5 hits Indian stores
02 Nov 2012
Anglo American Platinum cedes majority stake in mine to locals
02 Nov 2012
The new shareholders will not pay any money for the 51 per cent stake they will receive, but Unki will issue shares worth $142.8 million under a 10-year loan, which would be repaid by new shareholders by waiving their rights to dividends
Spectrum refarming: Telcos can keep 2.5 MHz by paying market price
01 Nov 2012
The EGoM, which met to decide on allocation of spectrum in the 1800 MHz band against the superior 900 MHz band, also decided that telcos with 5 MHz spectrum would have to vacate space
Sinopec eyes French oil major Maurel & Prom
01 Nov 2012
LPG price hiked by Rs26.50 to Rs922 per cylinder
01 Nov 2012
Potash Corp in talks to buy Israel Chemical
01 Nov 2012
Cyclone Nilam: MAPS on high alert as cargo ship drifts ashore
31 Oct 2012
The Madras Atomic Power Station (MAPS) at Kalpakkam has been put on high alert as the cyclone Nilam pushed into the Tamil Nadu and Andhra coast
Astex Pharmaceuticals in drug discovery pact with Cancer Research Technology, Newcastle University
31 Oct 2012
Walt Disney to buy George Lucas's Lucasfilm for $4.05 billion
31 Oct 2012
Lucasfilm, fully owned by George Lucas, will become part of The Walt Disney Co’s global portfolio of brands that include Disney, ESPN, Pixar, Marvel and ABC.
Ista Hotels to be rebranded as Hyatt Hotels
30 Oct 2012
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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