BR reported that PSM spokesman clarifies that all purchases from the first tranche of bailout package are according to the ECC & CCOR instructions and procurement of two ships of coal does not create any mismatched spending as the ...
Tags: bailout package, Purchases, iron ore
Business Line reported that a global bond issue of USD 1.5 billion and stake sale to reduce promoter holding to 75% in Adani Enterprises and Adani Ports are just some of the options that the Adani Group is considering to fund its coal ...
Tags: coal mining jobs, mining, coal mines, iron ore mining
The week's two major stories broke within hours of each other on Wednesday - Tesco admitted it was "likely" to leave the US and Germany's Intersnack snapped up United Biscuits' salty snacks business. Elsewhere, ex-Tesco CEO Terry Leahy led ...
Tags: salty snacks, Intersnack, Hula Hoops, McCoy's, Skips, dairy, pork sector
Canadian c-store chain Couche-Tard has booked an increase in first-half profits boosted by acquisitions. In the 24 weeks ended 14 October, earnings amounted to C$278.1m (US$279.7m), a 9.9% increase on the prior year period. The group said ...
Tags: acquisition, Couche Tard
BR reported that crude oil and gold prices scored one month highs this week boosted by Middle East tensions the faltering dollar and upbeat economic data but other commodities diverged amid holiday curtailed US trade. Dealers said that ...
Reuters reported that London copper was steady and set to log a second week of gains after recent data fuelled hope that the Chinese and US economies have finally turned a corner but the Thanksgiving holiday in the United States drained ...
Tags: London Copper, copper, Chinese and US economies, Thanksgiving holiday
PTI reported that the government's 4% stakesale in Hindustan Copper was on November 23rd 2012 over subscribed, marking the ambitious INR 30,000 crore disinvestment program that is crucial for meeting the fiscal deficit target. ...
Tags: Copper Stake Sale, copper, steel, stakesale, Indian copper
Business Line reported that armed with favorable credit ratings, Rashtriya Ispat Nigam Ltd would hit the debt market with INR 500 crore borrow plan in the Q4. Sources said that the proposal would be placed before the RINL board for ...
Tags: Business Line, Debt Market, Rashtriya Ispat Nigam Ltd, borrow plan
Dutch automaker Spyker has signed a framework agreement with the Chinese car manufacturer Zhejiang Youngman Passenger Car group (Youngman) to acquire 29.9% stake in Spyker and jointly set up two new joint ventures (JVs). Under the deal, ...
Tags: Spyker, New Framework Agreement, Youngman
Dublin-based technology company Ikon, which is engaged in developing more efficient and cost effective LED lighting solutions, has received a further €1m in funding from the Kernel Capital managed Bank of Ireland Kernel Capital Fund ...
Tags: LED Bulb
The government's second G-Cloud framework has gone live,with twice the number of original suppliers. Of the 458 suppliers on the 12-month framework,which allows public sector bodies to buy on demand IT services,three-quarters are small ...
Tags: government, second G-Cloud framework, UK, double number of suppliers
The cloud played a pivotal role in separating insurance group Direct Line from parent company the Royal Bank of Scotland(RBS)to launch on the stock market. Direct Line had less than 6 months to re-engineer its HR process to prepare for an ...
Tags: Cloud HR, share offering, RBS, Peoplesoft system
To meet the growing demand for its LED lighting products, Lighting Science Group Corporation is realigning its manufacturing operations, and has also completed an equity-financing round worth $168 million. ...
Tags: LED Lighting
Research from analyst Freeform Dynamics has given a"could do better"verdict to business-to-business data integration in the UK and the Netherlands. Freeform Dynamics'research reveals British and Dutch companies still rely too heavily on ...
Tags: Freeform Dynamics, British, Dutch, B2B
Company Closes on$49 Million Equity Investment by World-Class Institutional Investors Expected to Allow Company to Meet Growing Product Demand,Maintain Market Leadership Position and Accelerate its Drive to Profitability ...
Tags: North America, Lighting Science Group, equity financing, Zouk Capital LLP