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CISF, BASF told to review list of people exempted from frisking at airports

Sep 10, 2014 at 13:57 | Source: Economic Times

NEW DELHI: In a first step towards pruning the list of people exempted from frisking at Indian airports, the Civil Aviation Ministry has asked the Bureau of Civil Aviation Security (BCAS) and Central Industrial Security Force (CISF) to review the lis...

BASF India Q1 PAT declines 40 per cent to Rs 52 crore

Aug 01, 2014 at 04:07 | Source: Economic Times

MUMBAI: Chemicals company BASF India today registered a 40 per cent decline in profit after tax (PAT) at Rs 52 crore for the quarter ended June 30 this year. BASF India's profit after tax in the year-ago period stood at Rs 86.9 crore, the company sai...

EU edges to economic sanctions on Russia but narrows scope

Jul 26, 2014 at 00:30 | Source: FirstPost

BRUSSELS (Reuters) - The European Union reached outline agreement on Friday to impose the first economic sanctions on Russia over its behaviour in Ukraine but scaled back their scope to exclude technology for the crucial gas sector.The sanctions on a...

Monsanto hits 5% upper circuit as regulator revalidates GM crops

Mar 22, 2014 at 12:56 | Source: Economic Times

MUMBAI: Shares of Monsanto India were locked at 5 per cent upper circuit after the government's top regulator, Genetic Engineering Appraisal Committee (GEAC), on Friday revalidated 10 varieties of genetic modified (GM) crops including wheat, rice, ma...

Styrolution ABS holds potential to move up: G Chokkalingam

Mar 21, 2014 at 04:22 | Source: Economic Times

In a chat with ET Now, G Chokkalingam, Equinomics Research & Advisory, shares his views on Styrolution ABS. ET Now: A midcap idea, something that you have looked at recently which you believe holds potential to move up over the course of the next six...

Sensex up 263 pts as Russia pulls out, 138 stocks at 52-week highs

Mar 04, 2014 at 17:51 | Source: Economic Times

NEW DELHI: The S&P BSE Sensex managed to rally 278 points in trade on Tuesday, led by strong buying seen in banks, metals, capital goods, power and oil & gas stocks after media reports said that Russian President Vladimir Putin has ordered troops to ...

European stocks have their best month since July

Mar 01, 2014 at 11:07 | Source: Market Watch

LONDON (MarketWatch) — Better-than-expected U.S. data lifted European stock markets out of the red on Friday, capping the strongest month for the benchmark index since July. The region’s indexes had traded with losses earlier in the day after be...

European stocks weaken after inflation data

Feb 28, 2014 at 21:17 | Source: Market Watch

LONDON (MarketWatch) — European stock markets saw mostly moderate losses on Friday after better-than-expected euro-zone inflation data eased pressure on the European Central Bank to cut rates at its meeting next week, but the main index was still ...

Tech Mahindra to acquire IT services arm of BASF

Feb 28, 2014 at 16:02 | Source: Business Today

IT services major Tech Mahindra on Wednesday said it has signed an agreement to acquire the IT and consultancy services business of chemical giant BASF in a bid to strengthen its presence in Western Europe.Financial details of the deal, made through...

Tech Mahindra buys IT services arm of BASF unit with 'low double-digit' million euro revenue

Feb 28, 2014 at 12:32 | Source: Economic Times

BANGALORE: Tech Mahindra has agreed to acquire a small business-services unit from Germany's BASF, the world's biggest chemicals maker, in a deal whose value was not disclosed, but is expected to help the Mahindra group IT provider add incremental r...

Tech Mahindra to acquire BASF's third party IT solutions arm

Feb 28, 2014 at 12:00 | Source: VC Circle

Tech Mahindra Ltd has signed an agreement to acquire German chemicals giant BASF's IT solutions arm which deals with third party clients for an undisclosed amount, as per a stock market disclosure. As part of the deal, its German arm Tech Mah...

Tech Mahindra to acquire IT services arm of BASF

Feb 27, 2014 at 19:58 | Source: NDTV Profit

IT services major Tech Mahindra today said it has signed an agreement to acquire the IT and consultancy services business of chemical giant BASF in a bid to strengthen its presence in Western Europe. Financial details of the deal, made through its ...

Stoxx 600 extends gains to six-year high; Novo rallies

Feb 26, 2014 at 00:12 | Source: Market Watch

LONDON (MarketWatch) — Most European stock markets closed lower on Tuesday, weighed by companies such as Vivendi, BASF and Fresenius dropping after earnings reports, while the benchmark index nudged a late-session rise spurred by a positive tradin...

4 reasons why environmentalists are wrong about energy

Jan 03, 2014 at 16:42 | Source: Market Watch

America’s oil and gas boom has the potential to jump-start the economy by lowering consumers’ energy costs and attracting energy-intensive manufacturing in search of low-cost energy. The oil boom has come about despite, not because of, governmen...

BASF Catalysts to double capacity

Dec 12, 2013 at 21:42 | Source: The Hindu BusinessLine

BASF Catalysts India Pvt Ltd is expanding its vehicle emissions catalysts production capacity in Chennai. The company has started work on the 47,000-sq.m-facility which will start production in the first quarter of 2015, a press release said. When c...

MNC stocks worth a bet on strong balance sheets delisting potential

Dec 04, 2013 at 15:47 | Source: Economic Times

Many investors are betting big on MNC stocks. They believe that apart from regular returns, these stocks may also give them something extra when their parent companies decide to increase their stake or go for a merger or delisting of Indian arms in f...

Nifty closes flat ahead of F&O expiry; Tata Motors gains 2%

Nov 27, 2013 at 20:17 | Source: DomainB

The market closed Wednesday's rangebound session on a flat note ahead of expiry of November derivative contracts on Thursday. Investors are also cautious ahead of second quarter GDP and fiscal deficit data due on Friday. The Sensex was down 4.76 poi...

Europe stocks move higher on Iran-deal relief

Nov 25, 2013 at 17:27 | Source: Market Watch

MADRID (MarketWatch) — European stock markets traded higher early Monday, with investors in a mood to take on more risk after Iran made a nuclear deal with major world powers. Airlines were among stocks to benefit from the Iran news as the price o...

‘Buy banks’ and 4 other 2014 Europe tips from Goldman

Nov 22, 2013 at 02:22 | Source: Market Watch

2013 has turned out to be a stellar year for European equities and 2014 should be no different. With the benchmark Stoxx Europe 600 index (STX:XX:SXXP)  up more than 15% year-to-date investors, however, have started to ask a pressing question for t...

DuPont to spin off performance chemicals unit

Oct 25, 2013 at 16:17 | Source: DomainB

US chemical giant DuPont yesterday said that it would spin off its performance chemicals unit into a new publicly-traded company, heeding investors call to divest the volatile business that affects the company's annual revenue and profit. The perfor...

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