Industry

Foster's spin-off Treasury Wine valued at $2.2 billion

Foster's spin-off Treasury Wine valued at $2.2 billion

10 May 2011

After being separated from Australian beer maker Foster's Group, the second-largest winemaker in the world, Treasury Wine Estates Ltd, gained a valuation of $2.2 billion (A$2.3 billion) in its first day of trading

Power from renewable sources surpasses N-power for the first time

Power from renewable sources surpasses N-power for the first time

10 May 2011

Global energy production from  wind turbines, solar cells, biomass and waste-to-energy plants reached 381,000 MW in 2010, exceeding the entire global installed nuclear capacity of 375,000 MW prior to 2010

India to auction first shale gas assets

India to auction first shale gas assets

10 May 2011

India will launch its first-ever bid round for exploration of shale gas once the regulatory regime is in place, oil sector regulator, director general of Hydrocarbon, S K Srivastava said today

Renewable energy development to cost $15,000 billion: UN report

10 May 2011

Tepco turns to government for help on compensation

Tepco turns to government for help on compensation

10 May 2011

The head of Tokyo Electric Power today asked the Japanese government to share the burden for compensating those displaced by the crisis at its Fukushima Daiichi nuclear plant.

Parikh panel moots extra tax on diesel cars, SUVs

Parikh panel moots extra tax on diesel cars, SUVs

10 May 2011

The committee has suggested an up-front tax on diesel vehicles, popular in India because of subsidised diesel prices that are considerably cheaper than petrol, to compensate for differential fuel pricing

Vestas, DONG Energy team up to build world's largest offshore wind turbine

Vestas, DONG Energy team up to build world's largest offshore wind turbine

09 May 2011

When completed, the wind turbine rotor will measure 164 meters (538 feet), surpassing Spain's current 420-foot rotor - a size almost equal to two American football fields.

2G scam: Delhi High Court reserves order on executives' bail

2G scam: Delhi High Court reserves order on executives' bail

09 May 2011

The Delhi High Court has again reserved its order on bail pleas of five corporate executives who were arrested for alleged involvement in the 2G spectrum allocation scam

UK climate panel calls for more nuclear power

09 May 2011

Protests force officials to cancel Luhri power public hearing

09 May 2011

Noble Group may sell some Australian coal assets to Gloucester Coal

09 May 2011

Alkermes to buy Elan Drug Technologies for $960 million

09 May 2011

Fannie Mae to seek $8.5 billion from US Treasury

07 May 2011

France Telecom arm in healthcare pact with Bhutan

07 May 2011

Little sister saves brother in unique stem cell operation

07 May 2011

PaperPhone: A new age smartphone?

PaperPhone: A new age smartphone?

07 May 2011

Canadian researchers have developed an interactive paper phone, as thin and flexible as a credit card, which they believe will pave the way for future smartphones and tablets

CBI wants Kanimozhi in jail; court puts off decision

CBI wants Kanimozhi in jail; court puts off decision

07 May 2011

The suspense over the possible arrest of ther DMK supremo's daughter will continue for another week, as the special CBI court hearing her bail appeal has reserved its decision till 14 May

CWG scam: CBI files fresh FIR, carries out raids

07 May 2011

Kanimozhi awaits fate as bail hearing resumes

07 May 2011

Taro Pharma challenges Suven's ANDA in US court

06 May 2011

Sahara chief accused of interference in 2G probe

06 May 2011

Hardy Oil not to hike stake in Reliance's KG basin gas block

06 May 2011

Jyoti to buy 51 per cent of Henkel India for Rs119 crore

Jyoti to buy 51 per cent of Henkel India for Rs119 crore

06 May 2011

Jyoti Laboratories, on Thursday, also refuted press reports to the effect that the company was selling a major stake to a private equity fund

Diageo, Pernod beat Q3 estimates as emerging markets say ‘cheers’

06 May 2011

Crude bounces back after record slump

Crude bounces back after record slump

06 May 2011

After slumping to $106 a barrel on Thursday – the biggest weekly decline in a year - oil climbed back in New York.

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