Libyans to get shares from country's oil income: Gaddafi
Libyan leader Moamer Gaddafi has said that in the coming year every Libyan family will receive directly a small portion of the country's oil income, in a bid to prevent f...
Tata Com directed to pay damages to RCom subsidiary
The International Chamber of Commerce (ICC), the global arbitration tribunal, has directed Tata Communications to pay a Reliance Communication subsidiary approximately $1...
Procter and Gamble net jumps 83.72 percent
Personal care and healthcare major Procter and Gamble has recorded a 83.72 percent profit in the second quarter of the ongoing January-December accounting year.
Reliance not to transfer stake in gas block to subsidiary
Reliance Industries Monday announced it has discarded plans to transfer a majority stake in a deepwater gas block in the Krishna Godavari basin to a fully-owned subsidiar...
No work in Nano factory Monday: Tata Motors
Tata Motors' Nano factory in West Bengal's Singur area stayed closed Monday, its third back-to-back manday lost, with the company stating that the situation was not condu...
Iraq signs first major oil deal with China
Iraq has signed its first major oil deal with a foreign company since the fall of Saddam Hussein's regime, a spokesman for the Iraqi oil ministry said, IRNA news agency r...
Shriram EPC acquires Blackstone Group
City-based engineering major Shriram EPC (SEPC) has acquired 55 percent stake in engineering consulting firm Blackstone Group Technologies Ltd for an undisclosed amount.
ONGC to start coalbed methane production in December
Oil and Natural Gas (ONGC) Monday announced it would begin its pilot production of coalbed methane (CBM) gas in Jharkhand from December.
Rural job scheme working well, says Ahluwalia
Indian Planning Commission Deputy Chairperson Montek Singh Ahluwalia Monday said the national rural employment guarantee (NREG) scheme was doing extremely well.
Sri Lanka to hike tea output marginally
One of the highest tea producers and exporters in the world, Sri Lanka plans to marginally increase its production to 320 million kg this year