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Hindalco to acquire US-based Novelis in $6-b all-cash deal
Deal to be financed through recourse debt of $2.8 billion
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Birlas see synergy in flat products segment
Unlike the Tata-Corus deal, the Aditya Birla group's takeover of aluminium producer Novelis did not have the trappings of a tense bidding battle. There were other suitors for Novelis too, but the Birlas were neither aware of the number of bidders ...
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Local research on drugs may get tax sops in Budget
As domestic drug companies seek to graduate from making generic copies of medicines to researching for innovative drugs, they are likely to find some support from the Centre in the forthcoming Budget. Clinical trials and other research ...
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IOC seeks details on Cairn's crude pricing
Seeks discounts to make waxy crude economically viable
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Tea exports touch 200 mkg after three years
Production scales another peak of 955.9 mkg
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Shining bright
If the efforts of the gold and jewellery companies for the Valentine's Day bear fruit, it could help firms that are listed on the stock exchanges to perform better. Already, these companies have turned in an better performance in the third ...
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Fundamentals unlikely to impact gold
Risks to the upside in crude market appear real
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PSBs want tax sops for infrastructure bonds
`We can lend more if we have access to long-term funds'
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Hutch: Vodafone top bidder with $19-b offer
The Essar Group said it was evaluating the offer from Vodafone. In a statement, Essar said "Vodafone's offer values Hutchison Essar at around $19 billion. This is a good price which reflects the premier position of Hutchison Essar as India's ...
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Fund houses come out with variety of themes
Contrary to what some quarters have been suggesting so loudly, variety may well be the spice of life for investors, especially those who chase NFOs, in the days to come. Consider the funds that are expected to be launched over the next few ...
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Benchmarks likely to see sideways movement
IT stocks may be under pressure on appreciating rupee
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`IT cos facing billing problems in UK'
Fresh recruits with 6-months' experience get only visitor visas
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Tech spend growing at 15%: Gartner
IT seen driving enterprise growth plans
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Weak freight takes wind out of shipping firms' sails
Expectations in the shipping sector are that the tanker market may not pick up in the coming months. As this would keep earnings tight, shipowners are hoping for a firming up of the dry bulk market.
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Maritime university to be anchored in Chennai
The Central university, with campuses in Kolkata, Mumbai and Visakhapatnam, will foster excellence in various maritime-related areas.
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Widespread rain ends dry spell in northern winter
True to forecasts, Northwest India and the plains witnessed the first spell meaningful rains of the ongoing winter with the incoming western disturbance `switching on' weather ahead of itself. On Sunday, the causative disturbance in the form ...
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Narrowing options
The growth of new Internet technologies could lead to an IP address crunch - unless the Government and industry push migration to Ipv6, which offers other advantages too.
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