Business Line reported that India Infrastructure Finance Company Ltd awaits final nod to launch the credit enhancement scheme next month. It is also seeking a bigger role in lending to the country's renewable energy sector. Mr Harsh Kumar ...
Tags: Renewable Energy, Investment Fund, Infrastructure, Finance Company
In 2001, Nippon Telegraph and Telephone, Japan's dominant telecom provider, got a shock. It had just started DSL broadband Internet service and was taking its first steps toward reaping the benefits of an ambitious and costly plan to string ...
Tags: Japan, telecom, DSL broadband Internet service, Softbank
Mechel OAO one of the leading Russian mining and metals companies, announces the disposal of 100% of the shares of Toplofikatsia Rousse EAD (TPP Rousse, Bulgaria). Mechel OAO announces that it has signed an agreement for the disposal of ...
Tags: Mechel OAO, metallurgical coal producer, Toplofikatsia Rousse EAD
Xinhua reported that Chinese authorities vowed Sunday to focus on quality and efficiency of economic growth in 2013, demonstrating their determination to ensure sustainable and healthy economic development after the previous pursuit of ...
Tags: economic growth, economic policies, central economic work conference
While hardware and components makers face economic hurdles, the picture for software is getting brighter, according to earnings reports from major vendors and mid-year market research polls. Vendors and analysts lay much of the blame for ...
Tags: hardware, economic hurdles, software, Wall Street
AT&T plans to acquire NextWave Wireless, a holder of spectrum that could be used for mobile data services, for about $600 million. NextWave has licenses for spectrum in both the WCS (Wireless Communications Services) and the AWS (Advanced ...
Tags: NextWave Wireless, spectrum, mobile data services, mobile
Economic Times reported that global rating agency Standard and Poor's expects India to grow by 6.5% during 2013, amidst the possibility of global economic recovery continuing during the year. For China, S&P expects the growth rate to move ...
Tags: India, growth rate, 2013, Standard and Poor
Business Inquirer Net reported that diversified conglomerate San Miguel Corporation will reopen the Nonoc nickel mine with a new USD 2.5 billion refinery, in a deal that is only awaiting the approval of President Aquino. Mayor Ernesto ...
Tags: San Miguel, Nonoc nickel mine, nickel, mine
Major high street banks are planning to impose new terms and conditions on customers that would make them squarely responsible for credit and debit card fraud. Further reading Seven-year glitch earns Bank of Scotland 4.2m fine Banks' IT ...
Tags: high street banks, finance, software, computing
HexaTech Inc of Morrisville, NC, USA has received a $2.2m award from the US Department of Energy (DOE) Advanced Research Projects Agency – Energy (ARPA-E) to enable the development of “new power semiconductor technology for the ...
Tags: power semiconductor technology, Energy, electrical power grid
Bhuwalka Steel Industries Ltd has informed BSE that the Company’s application for restructuring of its bank borrowings under Corporate Debt Restructuring with CDR Cell and bank lenders viz, Canara Bank and IDBI Bank Ltd, has been ...
Tags: Bhuwalka Steel, Steel, BSE, Board meeting
Sharp has been bailed out by the banks to the tune of $4.6bn. Mizuho Corporate Bank and the Bank of Tokyo-Mitsubishi are to put up $2.3bn in loans and extend a $2.3bn revolving credit facility. Sharp has debts of $12.76bn, of which ...
Tags: Sharp, Mizuho Corporate Bank, collateral, debts, lay off
The local sharemarket's stellar finish to the year threatens to be curtailed by faltering US political efforts to avoid the"fiscal cliff"of$US600 billion tax rises and spending cuts automatically coming into effect on January 1. Despite ...
Tags: equities, fiscal cliff, US economy, political efforts
For second-quarter 2012, NeoPhotonics Corp of San Jose, CA, a vertically integrated designer and manufacturer of both indium phosphide (InP) and silica-on-silicon photonic integrated circuit (PIC)-based modules and subsystems, exceeded its ...
Tags: NeoPhotonics Corp, InP, PIC
For second-quarter 2012, GT Advanced Technologies Inc of Nashua, NH, USA (a provider of polysilicon production technology as well as sapphire and silicon crystalline growth systems and materials for the solar, LED and other specialty ...
Tags: GT, LED, solar, financial report