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India drops small car concession in new fuel emission rulesIndia has scrapped a planned concession for small cars in upcoming fuel-efficiency rules after automakers argued it would unfairly benefit ...
Nandan Nilekani’s Fundamentum leads $15 million bet on materials science startup WhizzoWhizzo has raised $15 million in a round led by Nandan Nilekani’s Fundamentum, with participation from South Korea-based deeptech player LB...
Gold price prediction for September: Gold rate falls. What to expect in coming days?U.S. gold futures for December delivery fell 2.5 per cent to $3,404.90, having hit a record high of $3,534.10 on Friday after reports that ...
Commodity prices a clueIn this column, let me highlight one danger signal most others have ignored. This is the sharp fall in commodity prices in recent months, s...
Ford Motors unveils new Mustang at Detroit Auto Show. Details insideFord unveiled the new Mustang at the Detroit Auto Show, which is taking place after three years. The new-gen Mustang will go on sale in sum...
- Sugar trader ED&F man bets big on changing diets
Eduardo Carmona, CEO, ED&F Man, tells ET, the really big bet is on changing diets of the Indian middle class.
- RIL: Aggressive steps key to ensuring long-term growth
Although the market did not react negatively to the unsuccessful attempt by Reliance Industries (RIL) to acquire petrochemicals major Lyond...
- Asia Sugar-India chases Brazilian; Thai premiums at 1-month high
India chased some Brazilian raw sugar to take advantage of a drop in New York futures, which helped push up Thai premiums to as high as 50 ...
- Glaxo to buy BMS Pakistan for $36.5 million
GlaxoSmithKline, the world's second biggest drugmaker, said that it was buying Bristol-Myers Squibb Pakistan for $36.5 million, adding to r...
- Honda to sell 100 jets a year from 2010
Japanese auto major Honda, which has announced a foray into aviation, plans to sell 100 jets a year, after it begins commercial production ...
- Crisis could claim more German banks: insurance head
The international financial crisis could claim more victims among German banks, the head of re-insurance giant Munich Re warned.
- Motilal Oswal puts 'buy' on Sterlite; target Rs 1,134
Motilal Oswal has revised the target price of Sterlite Industries to Rs 1,134 and reiterated ‘buy’ on the stock.
- German bank WestLB to cut up to 1,500 job cuts in rescue plan
Troubled regional German lender WestLB is to cut between 1,300 and 1,500 jobs by 2010 as part of a plan announced Friday to turn the bank a...
'India needs to remain as a free, open market'Lloyd C Blankfein Chairman and CEO of Goldman Sachs Group, Inc speaks on the impact of the recent regulatory moves to curb capital inflows....
- Germany's Sachsen LB pegs exposure at over $4 bn
Landesbank Sachsen Girozentrale, the German state-owned bank getting emergency funding, has about e3 billion ($4 billion) in investments li...
- ECB, Fed inject cash to ease fears
Central banks around the world injected more cash into the international banking system Friday as problems that began with US subprime mort...
- BNP Paribas freezes security funds
BNP Paribas suspended 3 of its asset-backed securities funds as it could no longer value them because of problems in the US subprime mortga...
- Lehman Brothers gets nod for acquiring gilt edge
Lehman Brothers Securities has obtained permission from the Foreign Investment Promotion Board (FIPB) to trade in government securities.
- Govt tightens SEZ rules, blocks short cut to sops
Existing units planning to relocate to special economic zones (SEZs) to take advantage of tax sops are in for some disappointment.
- Govt clears 44 FDI proposals
Government on Friday approved 44 FDI proposals worth Rs 741 crore including those of Swiss telecom major Bycell, CDC, Citigroup, Standard C...