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Reuters 01:30 PM | November 21,2009
Royal Dutch Shell is in talks to buy 10% of India’s Essar Oil as part of a deal where it would sell three European refineries to the Indian firm, at current market prices, the stake would be worth $364 million
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Reuters 12:59 PM | November 21,2009
Hershey has lined up deal funding from Bank of America and JP Morgan Chase to make a solo offer for Cadbury, but is also still weighing a joint bid with Italy’s Ferrero Spa
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Devidutta Tripathy / Reuters 10:00 PM | November 20,2009
The regulator also notified certain charges associated with MNP and said switching charges for users must not exceed Rs19
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Martin Dokoupil / Reuters 06:54 PM | November 20,2009
The IMF has urged countries to refrain from slashing extraordinarily lax policies in what is referred to as an ‘exit’ strategy
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Reuters 05:10 PM | November 20,2009
Italian chocolate maker Ferrero and US-based Hershey said they were reviewing a possible offer for Cadbury, which is the subject of a hostile $16.5 billion bid by US food group Kraft
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Reuters 05:04 PM | November 20,2009
Shareholders eel Goldman, which received $10 billion of taxpayer help during the credit crisis, should better reward them
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Reuters 04:57 PM | November 20,2009
By 2:31pm, the FTSEurofirst 300 index of top European shares was up 0.4% at 1,014.88 points after losing 1.6% on Thursday to hit a one-week closing low
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Reuters 04:52 PM | November 20,2009
The 30-share BSE index ended up 1.4% or 246.60 points at 17,021.85 with 26 components gaining. It fell as much as 0.9% earlier
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Mayank Bhardwaj and Nigam Prusty / Reuters 04:07 PM | November 20,2009
Cane farmers believe the new cane price rule, which puts the onus on state governments if they decide to raise the cane floor rates, will curtail their bargaining power
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Devidutta Tripathy / Reuters 03:51 PM | November 20,2009
The announcement accelerated losses in the shares of Bharti, the country’s top mobile operator
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Doug Young / Reuters 03:47 PM | November 20,2009
China, India 3G roll-outs to drive mobile broadband; China Mobile rolling out trial 4G network; Gearmaker Huawei eyes top global spot with 4G push; India 3G roll-out expected next year
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Reuters 03:32 PM | November 20,2009
At 2:30pm, the partially convertible rupee was at Rs46.52/53 per dollar after hitting Rs46.75, which was its weakest since 13 November
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Reuters 03:07 PM | November 20,2009
Belgian PM Herman Van Rompuy named as EU’s first President and Baroness Catherine Ashton, a little known Briton, as foreign affairs chief, under a deal that kept out more established figures such as Tony Blair
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Aniruddha Basu and Nandita Bose / Reuters 02:37 PM | November 20,2009
While Hindustan Unilever Ltd raised its ad spend by 38% in the September quarter, smaller rival Marico Ltd increased it by 60% and Godrej more than doubled its spend
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Manoj Kumar / Reuters 02:09 PM | November 20,2009
India needs more foreign funds for infrastructure; emphasis on productive use of overseas funds; economists fear flows may become real problem next year
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