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Halliburton and Baker Hughes Agree to $34.6 Billion Friendly Acquisition deal

Halliburton Company, one of the leading oil-field services giant, and Baker Hughes Inc., have agreed to a friendly acquisition deal where the former will take over all common outstanding shares of the latter for a deal worth $34.6 billion.

Nov 18, 2014

Halliburton Going Hostile with Baker Hughes Merger

Halliburton Co., the famous oil-field services giant is rushing the merger with rival Baker Hughes Inc threatening to replace its entire board of directors, according to several news reports.

Nov 15, 2014

China Imports Gold Ahead of National Day; Demand in India to Surge this Festive Season

Demand in India - the second biggest buyer of the metal - is also set to pick up as the festival and wedding season kicked off this week.

Sep 26, 2014

Monsoon to Withdraw from North-west India Next Week

Although possible rainfall in its central and southern regions could still help summer crops

Sep 26, 2014

Gold Imports to Rise, Premiums may Double Ahead of Diwali

After and during the Indian festive season, Indian gold premiums to the global benchmark are also expected to surge by ₹731 to ₹912 for 30 grams, from the current rate of ₹426 to ₹609 an ounce.

Sep 18, 2014

De Beers Warns of Rise in Price as Diamonds Become Even Rarer

Global diamond sales stood at $79 billion (₹4.7 lakh crore) in 2013 rising 3% compared to 2012.

Sep 18, 2014

How Scottish Independence Could Affect Scotch Prices

If Scotland succeeds in winning the elections against UK, their Whiskey exports to India could become costlier

Sep 17, 2014

Govt to Deregulate Diesel after State Polls, Oil Companies Make Hay

By holding the prices, state oil companies will make huge amount of profits.

Sep 16, 2014

Mining Curbs Force India, a Former Leading Exporter, to Turn Importer

India turns into a big importer due to a cutback in domestic production as mine closures create major setback in domestic supply

Sep 16, 2014

Diesel may get Cheaper as Crude Oil Price Tumbles

Price review likely on 15 September. Final decision to be taken after consulting finance ministry.

Sep 9, 2014

Spot Electricity Prices Swell as Coal Reserves Drop

The power tariff has touched a record high of around Rs.6 per unit over the last week

Aug 30, 2014

Indian Coal Reserves Drop, Weak Monsoon Forces Thermal Stations to Raise Output

Around half of India's thermal power stations have less than a week coal stocks as many coal companies are running short this black gold and are unable to meet the rising demand.

Aug 30, 2014

Reliance to Invest $13 Billion in Energy Projects; Set to Expand Jamnagar Oil Refinery

Reliance Industries is gearing up to invest around $13 billion in energy projects, with an aim to boost heavy crude oil refining process in India

Aug 30, 2014

Jignesh Shah Granted Bail on Cash Surety of ₹5 lakh; NSEL Scam Timeline

The NSEL scam is estimated to be a ₹5,600 crore fraud that came to light after the National Spot Exchange failed to pay its investors.

Aug 23, 2014

a-worker-spreads-sugar-inside-a-sugar-factory-at-sanyan-village-in-gujarat-april-23-2012

Sugar Stocks Surge after 25% Raise in Import Duty

Indian government raised the import duty on sugar to 25 percent from 15 percent to help regional mills struggling with lower prices and higher stocks.

Aug 22, 2014

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