Industry
Ruia buys out two more European carpart makers
12 May 2011
Diesel, LPG price hike put off, but petrol to spurt
11 May 2011
A decision on hiking the prices of diesel and cooking gas (LPG) has been put off yet again, but petrol is likely to go up this week by at least Rs3 a litre
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
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
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
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
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
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
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
Fannie Mae to seek $8.5 billion from US Treasury
07 May 2011
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