Dow, DuPont set $130 billion megamerger, could spark more deals| Reuters
Dec 12, 2015 at 00:15 | Source:
Chemical titans DuPont and Dow Chemical Co agreed to combine in an all-stock merger valued at $130 billion, a move that could trigger more consolidation, please activist investors and generate tax savings while drawing scrutiny from regulators.The &q...
Centre clears 16 foreign investment proposals worth Rs 6,751 cr
Jun 17, 2015 at 17:43 | Source:
New Delhi: The government today approved 16 foreign investment proposals, including those of Torrent Pharmaceuticals and Star India Private Limited, amounting to Rs 6,750.86 crore."Based on the recommendations of Foreign Investment Promotion Boa...
Unilever keen on Swacch Bharat, Intel to tap into Digital India programme
Feb 04, 2015 at 12:20 | Source:
FMCG giant Unilever CEO Paul Polman and technology major Intel President Renee James on Wednesday met Prime Minister Narendra Modi as a slew of global corporate honchos continue to line up to express their intention to invest in India.Unilever, which...
HSBC and Goldman sued for allegedly fixing metal price
Nov 27, 2014 at 00:52 | Source:
Goldman Sachs and HSBC are among four platinum and palladium dealers to be sued in New York for allegedly fixing the price of the metals. The four companies are said to have rigged prices for eight years. BASF and Standard bank were also sued in the ...
CISF, BASF told to review list of people exempted from frisking at airports
Sep 10, 2014 at 13:57 | Source:
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:
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:
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:
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:
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:
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:
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:
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:
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 to acquire BASF's third party IT solutions arm
Feb 28, 2014 at 12:00 | Source:
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:
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:
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:
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:
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...