Tag Archives: ET

Shareholders in BP balked on Monday at reports the energy giant would seek a strategic investor to ward off takeover bids while the company’s massive oil spill in the Gulf of Mexico spread. Continue reading →

Shell-shocked investors dump RNRL

Brokers say Reliance Natural Resources could be under further pressure in the near term.

Gainers & losers

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Top 5 pi… Continue reading →

Porsche may assemble Cayenne in India

The Cayenne is the highest selling petrol SUV in the premium luxury segment. It retails in the range of Rs 65 lakh to 1.27 crore.

Ford Figo

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IGI airport T3: A window for the global Indian airlines

With 48 boarding gates, 78 aerobridges, 168 check-in counters and 95 immigration counters, there is no match for T3.
In Pics:

IGI airp… Continue reading →

TPG and Goldman Sachs?s private equity arm are close to a deal to buy Ontex, the European private-label diaper maker, from buyout firm Candover for 1.2 billion euros ($1.5 billion) or more. Continue reading →

China may be ?the workshop of the world?, but young rural migrant workers are less accepting than their parents were of life in the factories – low pay, gruelling hours, and sometimes martial workplace rules. Continue reading →

Bailed-out lender Lloyds Banking Group has agreed to sell its private equity business to buyout firm Coller Capital, accelerating its plan to offload peripheral units and refocus on its core lending activities. Continue reading →

From smartphones to music players, Microsoft misfires

The Kins’ flop adds to a long list of products ? from watches to music players ? that have plagued Microsoft.

Buying a smartphone? Here?s what to lo… Continue reading →

The government?s statutory auditor has sought greater powers to audit the spending of the flagship schemes, joining the call for more accountability in the administration of such programmes. Continue reading →

A fast-advancing southwest monsoon lashed all of north India with rains over Sunday night and Monday, providing relief to the government jittery over the 16% rainfall deficit in June. Continue reading →

Prices will ease to an acceptable level by the end of the year, two key government officials said on Monday even as Opposition parties led a nation-wide strike against the fuel price hike. Continue reading →

The government plans to devise and publicly share a new pricing formula for key auto fuels, looking to inject greater transparency into an arcane system of price-setting. Continue reading →

Global stocks dip on US & China growth fears

In Asia, Tokyo’s Nikkei average put on 0.7 per cent, while the Shanghai Composite Index dropped 0.8 per cent.

Gainers & losers

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European Union countries that discover problem banks when they stress-test their lenders could turn to an existing EU state back-up scheme, the bloc’s economy chief said on Monday. Continue reading →

Ten-year bonds fell, pushing yields to the highest level in more than a week, after the central bank raised interest rates for the third time this year. Continue reading →

The rupee halted a two-week slide after the Reserve Bank of India increased benchmark borrowing costs for the third time this year. Continue reading →

Air France will cut its workforce by some 4,100 people by March 2013 through voluntary departures, union sources said on Monday. Continue reading →

Nifty active futures ended at 5246, a premium of over 10 points. India VIX, which measures immediate expected volatility, has increased gradually over the past week from below 20 levels, to 21.99 on Monday. Continue reading →

Though India?s fundamentals have not changed much since the beginning of the year, the trend is set to for a reversal, as macro parameters change for the better, according to Citi. Continue reading →

UIDAI focus is to enrol people lacking identity: Nilekani

Mr Nilekani talks about how participation from think tanks such as Abhijit Banerjee of MIT?s poverty action lab, among many others is helping UIDAI.

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Freight costs are expected to be higher in the June 2010 quarter on a y-o-y basis, given the hike in diesel prices post budget and the last hike a fortnight ago. Continue reading →

The shareholders of Reliance Natural Resources or RNRL got a rude jolt on Monday as the stock tanked 27% following the announcement of the share-swap arrangement for the RNRL-Reliance Power merger. Continue reading →

Gas from KG D6 Basin will cut production costs and increase operating margins. Continue reading →

The World Cup has converted the much-ignored Metrorail into a rainbow carriage. People are choosing it over cars and buses to reach Soccer City stadium. Continue reading →

China makes haste slowly globalizing yuan

China is proceeding quite nicely in expanding the use of the yuan beyond its borders, underlining its determination to eventually wield more influence.

Gainers … Continue reading →