ONGC $3 billion share sale seen set to go ahead
New Delhi: Oil & Natural Gas Corp (ONGC) will file for a near $3 billion share sale by the end of February and expects to launch the offer in mid-March, as planned, its finance chief said on Sunday.
Investors see opportunity in post-Mubarak Egypt
The end of Hosni Mubarak's rule in Egypt on Friday should bring opportunities for investors as freer markets and increased commerce gradually take root in a country with 80 million people hungry to be
GM India to launch six new models
Hyderabad: General Motors (GM) India plans to launch six new models with 14 fuel variants in the next two years, a top company official announced on Saturday.
The new models will include diesel- powe
Nokia to cut jobs, Finnish govt takes action
The world's top mobile phone maker Nokia will cut jobs in Finland and elsewhere as the company reforms its strategy, said Chief Executive Stephen Elop.
"There will be substantial reductions in employ
HAL awaits gov nod for divestment
Bengaluru: India's defence behemoth Hindustan Aeronautics (HAL) is awaiting the government's green signal to go public soon to raise funds and improve its corporate governance, an official said on Thu
Toronto, London bourses will team up to form new global giant
Toronto: The Toronto Stock Exchange, the third largest in North America, is set to merge with the London Stock Exchange (LSE) to create a new global mega bourse.
The TMX Group, which operates the sto
Banned in China, Facebook opens office in Hong Kong
Hong Kong: Facebook has opened a Hong Kong office as it looks to boost its presence in Asia, even though the social networking giant is banned in mainland China, a potentially huge market.
The openi
Crude climbs above $100 as US energy reports looms
London: World oil prices climbed back above $100 on Wednesday, ahead of the weekly energy report in the United States, and as protests intensified to oust Egyptian President Hosni Mubarak.
Brent Nort
Obama urges US business to take on India, China
Washington: Once again citing growing competition from nations like India and China, US President Barack Obama has made a case for ramping up spending on education and infrastructure to put the US eco
Iran crude output surges 100,000bpd
Teheran: Iran's daily oil output rose by around 100,000 barrels with the opening on Tuesday of the second phase of Darkhovin field in the southeast of the country, the oil ministry's news agency repor