Andhra Pradesh plans to set up nuclear power plant
Andhra Pradesh plans to establish a nuclear plant of 2,000 MW capacity, the first such initiative by any state in the wake of the Indo-US nuclear agreement.
OPEC crude price eases
The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) eased by a further $0.72 Thursday, OPEC said Friday.
Indian Oil loses $3 Billion following dollar appreciation
Indian Oil Corp Friday said it has lost $3 billion (Rs.12 billion) since the last revision of the dollar or its appreciation against the rupee.
Skype unaware Chinese partner was monitoring, storing messages
Skype, the online text message and voice service, acknowledged Friday that its Chinese partner had been archiving politically sensitive text messages.
Allahabad Bank eyes 20 percent loan growth
The city-based public sector Allahabad Bank is targeting a growth of 20 percent in its loan portfolio and 17 percent in deposit this fiscal, a top company official said h...
Banks reach agreement on Hypo Real Estate deal
A group of banks reached agreement early Friday on the details of a planned multibillion-euro bail-out for Germany's ailing mortgage lender Hypo Real Estate, sources told...
Reliance Industries eyeing diesel exports to Pakistan
The Mukesh Ambani-headed Reliance Industries (RIL) is interested in exporting diesel to Pakistan if restrictions are removed, a senior company official said here Friday.
'Crisis will make Latin America more important for US'
Mexican multi-billionaire Carlos Slim thinks Latin America "is going to become important for the economy of the United States," in light of the current economic and finan...
Tata Steel to buy 19.9 percent stake in Canadian mining firm
Singapore-based Tata Steel Global Minerals Holdings, a wholly-owned indirect subsidiary of Tata Steel Ltd, Wednesday announced it will acquire 19.9 percent stake in the C...
Mobile phone tech to unravel why Koalas bellow
Come spring and the open eucalyptus forests and woodlands of Australia come alive with the distinct bellows of Koalas and now researchers are using mobile phone technolog...