Tamil Nadu Generation & Distribution Corporation Ltd (Tangedco) is likely to finalize the main plant package for the Udangudi thermal power project by December-end. Speaking to Electrical Monitor, a senior project official of Tangedco ...
Tags: coal-fired power, electronics
US fashion retailer Loehmann's Holdings has filed for Chapter 11 bankruptcy protection for a third time and said it plans to sell substantially all of its assets. The discount clothing chain filed its bankruptcy petition with the US ...
Tags: Loehmann's, bankruptcy, apparel
Archer Daniels Midland Company today announced a package of additional commitments related to its proposed acquisition of GrainCorp Limited. Key elements of that package are: An additional A$200 million investment to strengthen ...
Lane Furniture is shutting down its trucking subsidiary, Action Transport, and turning its furniture transport operations over to Watkins & Shepard, the nation's largest specialized furniture carrier. The change, which takes effect ...
Murray Goulburn Co-operative (MG) and Bega Cheese have revised their takeover offers for Warrnambool Cheese & Butter (WCB). As per the terms, MG offered to pay A$9 per share of WCB, valuing the Victorian dairy firm at A$505m. Bega ...
Tags: Murray Goulburn, Food
Lenovo, the Beijing-based PC and server maker, was rebuffed in its attempt to acquire smartphone maker BlackBerry by the Canadian government, which blocked its bid on national security grounds. According to Canada's Global and Mail ...
Tags: Computer Products, Blackberry
Brazil's government plans to finance state-run oil company Petroleo Brasileiro SA's participation in the October 21 auction of Libra, country's largest-ever oil discovery, the Estado de S. Paulo daily newspaper reported on Saturday. The ...
Tags: oil, Metallurgy, Mineral, Energy
BlackBerry has announced its fourth new BlackBerry 10-based smartphone of the year with the Z30, a five-inch screen device that will become the company's flagship smartphone. The OLED touchscreen will offer a resolution of 1,280 by 768 - ...
Tags: Blackberry, Computer Products, smartphone
The sale of BlackBerry is in danger of descending into a dismemberment as the buyers that have so far indicated an interest in the company are only interested in purchasing parts of the smartphone maker. According to Reuters, interest in ...
Tags: Blackberry, Computer Products, smartphone
A new potential bidder for Furniture Brands International assets, which would include the purchase of the company's Lane business, emerged at a bankruptcy hearing here Wednesday, the Wall Street Journal reported. KPS Capital Partners, a ...
Tags: Furniture, Furnishing
The last remaining Lotus Esprit ‘submarine car’, one of the most famous James Bond cars of all time, has been sold at a classic car auction in London for more than $930,000. The fully submersible Lotus Esprit, which starred in ...
Tags: Lotus Esprit, Submarine
BlackBerry's biggest shareholder is reportedly preparing a bid for the troubled smartphone maker. Fairfax Holdings, an insurer run by Toronto, Ontario-based investor Prem Watsa, holds a stake of around 9.9 per cent in BlackBerry, having ...
Tags: Blackberry, Computer Products
The Melbourne man who won an ultra-rare Nissan GT-R in an international auction late last year has just taken delivery of his Usain Bolt-inspired supercar. Nissan handed over the keys to winning bidder Rod Maher, who parted with a little ...
Tags: Nissan GT-R, Transportation
Facebook has blamed a misunderstanding for an embarrassing incident last week in which founder Mark Zuckerberg's Timeline was hacked to draw attention to a security flaw a researcher believed was being ignored by firm. As QEDs go, what ...
Tags: Facebook, Computer Products
It is learned that the German steel giant ThyssenKrupp recorded a loss of €1.2 billion euro in the first three quarters of this fiscal year, down by 23% compare to loss of €0.98 billion in the same period last year. The main ...
Tags: Thyssenkrupp, Mineral