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ET Prime Special Series: Multibagger or Bankrupt - Part 54: Will manufacturing capability help this firm move into defence space?The auto ancillary sector is being forced to answer a difficult question: When technology changes, which suppliers remain relevant and whic...
Shell in talks with Sekura to sell 300 MW of Sprng EnergyShell Plc is in talks with Sekura Energy, Edelweiss Alternatives' energy platform, to sell a 300-MW portfolio from its India-based renewabl...
Paris stock market no longer Europe's biggest, top French firms lost over 10%France lost its spot as Europe's biggest equity market after President Macron's snap election announcement caused a $258 billion market cap...
MRPL to expand petrol pump network in Tamil Nadu, AP, Telangana: ChairmanMRPL's (Mangalore Refinery and Petrochemicals Ltd) petrol pump network is currently concentrated in Karnataka and Kerala.
Welspun Enterprises surges 7% as Actis buys road assets for Rs 6,000 croreThe portfolio benefits from a stable mix of annuity and toll cash flows, with the projects located strategically across India including in ...
Actis buys road assets of Welspun Enterprises for Rs 6000 crThe portfolio benefits from a stable mix of annuity and toll cash flows, with the projects located strategically across India including in ...
Shell to acquire Sprng Energy for $1.5 billionAn important part of this strategy is to develop a best-in-class integrated power business, which will help Shell to reach its target of be...
Barclays may report over $500 million loss due to debt-sale SnafuBarclays Bank is very famous due to its business in large fixed-income. The mistake is quite surprising due to this. Several investors and ...
Shell frontrunner in race to acquire Actis' Sprng EnergyShell’s offer that was submitted last week, valuing the portfolio at $1.75-1.8 billion inclusive of debt, is said to be higher than Singapo...
PMT Fields Case: UK court says Indian govt can’t contest its orderA UK court has denied the Indian government permission to appeal in the so-called ‘agreement case’ in the decade-old PMT dispute over shari...
From molecules to electrons; can Big Oil become big power?Returns on solar and wind projects are typically around 5-10 percent, according to climate research provider CDP.
RIL, Shell, ONGC told to pay $3.8 billion as government’s share of PMTThe govt said profit should be calculated after adding the marketing margins of the cos and that only the actual taxes paid could be counte...
UK joins International Solar Alliance on the eve of PM Modi's London tripUK became the 62nd signatory member of the ISA. A total of 23 Commonwealth Countries are members of the ISA.
ED-CBI team in London to submit more proof in Mallya caseThe two-member ED team, including a legal advisor, left for London on Monday for a two-day visit and was expected to return by Thursday, th...
PM Theresa May promises White Paper on EU exit plan“I have been clear, as have senior ministers, that we’ll ensure Parliament has every opportunity to provide scrutiny,” May said.
Essar Oil plays the 'made in UK card' to gain retail market shareThe company has opened six retail outlets, making its debut in the consumer segment, and has plans to run 400 outlets in three years.
Essar Oil UK gets new long term working capital fundingEssar had in August 2011 completed the $ 350 mn acquisition of the oil refinery and other associated assets at Stanlow, near Ellesmere Port.
UK delegation meets Andhra Pradesh CM to discuss investment in stateAndhra CM Chandrababu Naidu met UK's official; exchanged ideas with him on the potential for investments in renewable energy sector in stat...
- Essar Energy hopes to double revenue in FY12
Essar is implementing a turnaround plan for the refinery which it recently acquired in a $350-million deal from Shell.
- Mauritian tax treaty without 'limitation of benefit' clause
Once bitten, the government has decided to include a clause in all fresh double tax avoidance treaties which will prevent residents of a th...