Industry
![Hike output to aid global recovery, IEA tells OPEC Hike output to aid global recovery, IEA tells OPEC](/industry/oil_gas/images/oil_rig_iae_domain-b.jpg)
Hike output to aid global recovery, IEA tells OPEC
19 May 2011
In an unusual move, the IEA, which represents the world's top 28 oil consumers, mainly among developed economies, said today that oil producers must raise supplies, as rising oil prices are threatening global economic recovery
![Terex launches $1.25-bn hostile bid for Germany’s Demag Cranes Terex launches $1.25-bn hostile bid for Germany’s Demag Cranes](/industry/Engineering/images/terex_sm_domain-b.jpg)
Terex launches $1.25-bn hostile bid for Germany’s Demag Cranes
19 May 2011
US heavy-machinery maker Terex Corp has launched a hostile $1.25-billion takeover bid for German crane maker Demag Cranes AG.
![Italian food group Parmalat rejects €3.38-bn offer from Lactalis Italian food group Parmalat rejects €3.38-bn offer from Lactalis](/industry/Foods/images/parmalat_products_sm_domain-b.jpg)
Italian food group Parmalat rejects €3.38-bn offer from Lactalis
18 May 2011
The board of Italian food group Parmalat yesterday rejected a €3.38 billion ($4.92 billion) unsolicited takeover offer from family-run French dairy company Lactalis for being too low
Mothercare to close 110 stores in the UK
18 May 2011
Report calls for UK copyright law overhaul
17 May 2011
More evidence on Adarsh scam goes missing again
17 May 2011
![Spain's Gamesa in 2000 MW wind turbine deal with Caparo Energy India Spain's Gamesa in 2000 MW wind turbine deal with Caparo Energy India](/industry/power/images/gamesa_caparo_sm_domain-b.jpg)
Spain's Gamesa in 2000 MW wind turbine deal with Caparo Energy India
17 May 2011
Under the deal, Gamesa's largest in India so far, the Spanish company will supply and install wind turbines of a total capacity of 2000 MW for Caparo Energy between 2012 and 2016.
![Raja No 2 in Time magazine's power abusers list Raja No 2 in Time magazine's power abusers list](/industry/telecom/images/2G-spectrum_sm_domain-b.gif)
Raja No 2 in Time magazine's power abusers list
16 May 2011
The 2G scam takes the No 2 spot in the list of scandals and scams in the all-time Top 10 'Abuses of Power'.
![Petrol price goes up Rs5 per litre from midnight Petrol price goes up Rs5 per litre from midnight](/industry/oil_gas/images/petrol_pump_sm.gif)
Petrol price goes up Rs5 per litre from midnight
14 May 2011
An empowered group of ministers, which will meet next week, is widely expected to announce a hike in price of diesel by as much as Rs4 a litre.
![US to tap Alaskan oil reserves, reopen Gulf of Mexico US to tap Alaskan oil reserves, reopen Gulf of Mexico](/industry/oil_gas/images/alaska_national_petroleum_reserve_domain-b_sm.gif)
US to tap Alaskan oil reserves, reopen Gulf of Mexico
14 May 2011
Rising international prices of crude oil has dwarfed the huge cost of drilling for oil and gas in the Alaskan National Petroleum Reserve.
Featured articles
![](/Uploads/Images/thumb_733d509d-493c-41e9-b429-1260d912bb91-Aerogel-Crayon.jpg)
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!
![](/Uploads/Images/thumb_294b0bec-6ff0-43c9-9fbc-a14e7cc70fa5-COP28.jpg)
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.
![](/Uploads/Images/thumb_97943c9b-6e8f-429b-b355-1d4502bac437-Ponzi-Money.jpg)
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.
![](/Uploads/Images/thumb_0f8359a3-2528-4faf-86c9-707fb7bccc01-Hdfc-logo.jpg)
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
![](/Uploads/Images/thumb_dc6b9dcc-e31e-4574-82e7-928e089406e0-Finger_millet.jpg)
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
![](/Uploads/Images/thumb_e37827da-fafd-4991-8635-60fade3df34c-ICM.jpg)
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
Business History Videos
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_61209e69-fdfb-493a-add7-afc253731af7-YouTube-thumbnail-Hovercraf.jpg)
History of hovercraft Part 3...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_f5cfed27-cd8d-4644-9c6b-d1f3f64fb558-YouTube-thumbnail-Hovercraf.jpg)
History of hovercraft Part 2...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_1510a271-632f-46ba-846b-a761ccffe903-History-of-Hovercraft.jpg)
History of Hovercraft Part 1...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_b54c323b-99c2-47ed-9df1-06452504c83a-YouTube-thumbnail-Indian-tr.jpg)