Chinese company eyes stake in Barrick Gold |
- Chinese company eyes stake in Barrick Gold
- Remove fuel subsidy in phases: GSI
- AAI gets Rs 1cr, allows lessor to repossess 2 planes of Kingfisher airlines
- Promoters put a price tag on family name
- Centre may ease flying norms for foreign routes
- Oil rises above $114 on tight North Sea supply
- Showdown for Big Pharma in Supreme Court
- Euro woes tilt financial power in Asia's favour
- Dal might cost 80 per cent more this Diwali
- World markets cautious on Greece news
| Chinese company eyes stake in Barrick Gold Posted: 20 Aug 2012 04:30 PM PDT A state-run Chinese company is eyeing stake in the African unit of Barrick Gold, world's largest producer of the yellow metal.The move, if successful, will enhance Chinese influence in the world gold market. 
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| Remove fuel subsidy in phases: GSI Posted: 20 Aug 2012 04:27 PM PDT Geneva-based Global Subsidies Initiative (GSI) has suggested that the government should do away with political interference in fixing diesel prices and complete the decontrol process in phases. 
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| AAI gets Rs 1cr, allows lessor to repossess 2 planes of Kingfisher airlines Posted: 20 Aug 2012 04:25 PM PDT "We have issued a final warning to the airline that now on no aircraft will be allowed to leave India till the dues are cleared. 
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| Promoters put a price tag on family name Posted: 20 Aug 2012 04:23 PM PDT Shareholder activist Anil Singhvi is surprised that Nusli Wadia asked Britannia Industries, one of India's most admired food companies, to pay royalty for using the Wadia name. 
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| Centre may ease flying norms for foreign routes Posted: 20 Aug 2012 04:21 PM PDT The discrimination Indian carriers face in flying abroad vis-a-vis their foreign counterparts may soon end. 
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| Oil rises above $114 on tight North Sea supply Posted: 20 Aug 2012 10:19 AM PDT Brent crude oil rose to around $114 per barrel on Monday, supported by tight North Sea supplies ahead of the closure of a major UK oilfield for maintenance and on expectations of more demand before the northern hemisphere winter. 
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| Showdown for Big Pharma in Supreme Court Posted: 20 Aug 2012 10:12 AM PDT The Supreme Court hearing pits Swiss drugmaker Novartis AG against India's patent office, which has refused to grant a patent on the company's cancer drug Glivec on the grounds that it is not a new medicine but an amended version of a known compound. 
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| Euro woes tilt financial power in Asia's favour Posted: 20 Aug 2012 10:04 AM PDT As European banks retrench to recover from the global financial meltdown, they are finding ready buyers in Asia for everything from loans to entire insurance and broking operations. 
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| Dal might cost 80 per cent more this Diwali Posted: 20 Aug 2012 09:36 AM PDT Delayed monsoons together with inadequate and scattered rainfall in many parts of the country could see an abnormal rise in the prices of lentils in this festival season especially during Diwal, ASSOCHAM claims. 
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| World markets cautious on Greece news Posted: 20 Aug 2012 09:12 AM PDT Global markets edged lower in lackluster trading on Monday as investors remained cautious ahead of a crucial week for Greece. 
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