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NEW YORK (Reuters) - U.S. stocks fell on Friday, interrupting the Dow's eight-session winning streak, as the dollar's climb hurt oil prices and dragged on energy stocks.
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NEW YORK (Reuters) - Global shares slipped from 17-month highs on Friday as pockets of weakness in earnings and a rising dollar dampened long-running rallies, while concerns over Greece's debt burden kept pressure on the euro.
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LONDON (Reuters) - Gulfsands Petroleum has rejected a takeover approach of around 350 pence per share from an Indian company, ahead of a possible upgrade to its oil reserves which could boost the company's valuation.
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Next Gen Publishing, a publisher of special interest magazines announced the launch of their new magazine PowerWatch India . PowerWatch India (PWI), a B2B magazine aimed at the power sector, is being positioned as an industry player in itself, catalyzing progress in India s energy sector at every step of the sector s growth. H S Billimoria, CEO - Next Gen Publishing said, For a sector where private equity and the private sector s active participation has just about started flowing in, it is ver
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Lord Swraj Paul-owned Caparo Group today announced entry into the power generation business through a joint venture with Finland-based Wartsila at a project cost of Rs 115 crore. The joint venture firm, in which Caparo Group holds 51 per cent stake and Wartsila 19 per cent, will set up a 26 MW gas-based environment-friendly power plant at Bawal in Haryana. Natural gas being the cleanest of all fossil fuels helps reduce harmful emissions into the atmosphere compared to coal. The plant will cater
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LONDON/NEW YORK (Reuters) - World oil demand will grow faster than new supplies outside OPEC's control in 2010, but stocks are likely to rise as the group is currently pumping more crude than the market needs with prices above $80 a barrel.
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State-run Oil and Natural Gas Corp and partners walked away with more than half of the 33 oil and gas blocks awarded to successful bidders of the recently concluded eighth round of auction under the New Exploration Licensing Policy. The Cabinet Committee on Economic Affairs (CCEA) approved award of 33 out of the 36 exploration areas that were bid in the latest NELP round that closed on October 12, Home Minister P Chidambaram said. Of the 70 blocks offered in NELP-VIII, only 36 attracted bids wi
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MUMBAI (Reuters) - State-run explorer Oil and Natural Gas Corp said on Friday its crude oil output target for the 2011 financial year is 27 million tonnes.
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LONDON (Reuters) - Oil explorer Gulfsands Petroleum said it had rejected an unsolicited takeover approach on Friday, which a source familiar with the situation said was from an Indian company, but not ONGC.
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CAIRO (Reuters) - Engineering group Siemens has taken another step towards becoming one of the world's top three wind turbine makers by 2012 by installing a 250-megawatt renewable energy plant in Egypt's Gulf of Suez on the Red Sea coast.
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SINGAPORE (Reuters) - Oil fell below $82 a barrel on Friday, extending the previous day's losses, as the U.S. dollar held onto gains against the euro amid worries over Greece's debt woes, and a rise in OPEC exports loomed.
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On Monday, the Securities and Exchange Board of India (Sebi) took a number of steps to benefit mutual fund investors. These included reduction in the New Fund Offer (NFO) period and use of Application Supported by Blocked Amount (ASBA).
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NEW DELHI (Reuters) - HSBC, Europe's biggest bank, and the Bureau of Energy Efficiency (BEE) will jointly explore financing of energy service companies to help fight climate change, officials said on Thursday.
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All roads seem to be leading to the capital market for jewellers , going by the number of initial public offerings by the jewel makers. After a lull for almost two years, jewellery companies are vying to tap the capital
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LONDON (Reuters) - Oil dipped towards $82 a barrel on Thursday after a two-day rally, reacting to the dollar strengthening against the euro and a lack of strong steps from OPEC to tighten supplies above its official output cap.
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