Industry

Oil retailers deny making big profits; say only bailouts keep them afloat

Oil retailers deny making big profits; say only bailouts keep them afloat

04 Jun 2012

The oil marketing companies say it was only a subsidy compensation package of Rs1,38,500 crore that enabled them to declare nominal profits for the year

Petrol to cost Rs2 less per litre from midnight tonight

Petrol to cost Rs2 less per litre from midnight tonight

02 Jun 2012

The reduction comes in the wake of the prices of crude oil falling below $100 a barrel in the international market

BCE led consortium to acquire Canada's data centre firm Q9 Networks for C$1.1 bn

02 Jun 2012

China’s Zijin Mining to acquire Norton Gold for A$229 million

02 Jun 2012

No buyers for Germany's bankrupt 2,800-drugstore chain Schlecker

02 Jun 2012

Australian retailer Wesfarmers challenges carbon-tax price rise by suppliers

02 Jun 2012

Verizon to acquire Hughes Telematics for $612 million

02 Jun 2012

Crude hits a low of $98 a barrel as global growth stagnates

Crude hits a low of $98 a barrel as global growth stagnates

01 Jun 2012

The Organisation of Petroleum Exporting Countries, however, said the cartel saw no immediate need to cut production

CVC refers coal block allocation plaint to CBI

01 Jun 2012

KPN urges shareholders not to accept America Movil’s $3.5 bn offer

01 Jun 2012

After carbon tax, Gillard tells mining industry to spread the benefits of boom

01 Jun 2012

New telecom policy to scrap roaming charges; broadband speeds to increase

New telecom policy to scrap roaming charges; broadband speeds to increase

31 May 2012

The policy aims to provide the consumer with cheaper services, but market mechanisms can’t be ignored, said telecom minister Kapil Sibal.

Department of biotechnology announces BIG scheme for igniting new ideas

31 May 2012

WHO urges fight against tobacco industry's attacks on governments

31 May 2012

Forest clearance for coal projects likely

Forest clearance for coal projects likely

31 May 2012

The group of ministers headed by finance minister Pranab Mukherjee has recommended scrapping of the `no-go' policy for coal mining in heavily forested and ecologically sensitive areas

Italy's Eni to sell 30 % in Snam to state lender for $4.36 bn

Italy's Eni to sell 30 % in Snam to state lender for $4.36 bn

31 May 2012

The Italian government issued a decree this month that required Eni to offload at least 25.1 per cent of Snam to reduce the country's €1.9 trillion public debt

HC asks govt, oil retailers to justify petrol price hike

HC asks govt, oil retailers to justify petrol price hike

31 May 2012

The Bombay High Court yesterday accepted a petition for hearing that among other issues demands uniform petrol prices in the country

National Oilwell Varco to buy Canada’s CE Franklin

31 May 2012

Rangarajan heads panel to review oil and gas exploration contracts

30 May 2012

China leads growth in global wind power capacity

30 May 2012

Caterpillar to sell Bucyrus's African business to Barloworld for $115 mn

30 May 2012

Bill Gates, Akhilesh Yadav meet to discuss UP healthcare

30 May 2012

Annulled licences: Loop moves TDSAT for Rs4,700-crore compensation

Annulled licences: Loop moves TDSAT for Rs4,700-crore compensation

30 May 2012

Besides monetary compensation, Loop Mobile has also asked the telecom tribunal to bar the department from taking any “coercive action” against it

Petrol price cut likely as oil retailers show healthy books

Petrol price cut likely as oil retailers show healthy books

30 May 2012

State-run fuel retailers could cut retail prices of petrol by about two rupees a litre from next month if global oil prices and the rupee stabilise at current levels

State Grid Corp of China to buy transmission assets in Brazil from ACS for $1 bn

29 May 2012

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