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Vince Cable , UK's Secretary of State for Business, will leave for India today on a four-day visit during which he will hold talks with senior ministers and meet captains of industry. Union Minister for Commerce and Industry Anand Sharma in New Delhi
Pahatma Group will focus on the retail sector and the JJ-pun and power Light companies in the commercial and government sectors. Philips says the company's emphasis on quality will enable it to.
Warren Buffett is arguably the greatest investor of all time. Unlike some other famous investors who swing for the fences and hit home runs every once in a while, Buffett is known for his low-volatility returns over a very long period. Counterparties
The Mahindra group's new structure is better viewed as a "federation" with multiple core businesses rather than a "conglomerate" or a "focussed entity" with a single core business, group chairman Anand Mahindra said on an investor call on Tuesday.
Power plant operator and oil refiner Essar Energy Plc reported a 7 percent decline in first-half core earnings as the impact of a weak rupee offset higher margins at the India-focused company's key Vadinar refinery. The London-listed power, oil and
They have proven themselves unable to innovate, and they have lost more jobs than they create. My friends who grew up with lifetime careers in General Motors, Exxon Mobil, or even IBM, are now often too embarrassed to even mention it...We can all
Thakkar Ashish Thakkar launched his first company buying and reselling computers when he was 15 years old. No, despite that boyish face, it that wasn't last year it was 1996, two years after he and his family fled the holocaust in Rwanda, moving to
ET General Electric Co. plans to sell shares in its retail finance business next year and then split the unit off entirely, the conglomerate's most aggressive move yet to shrink the size of the financing arm that still accounts for much of its profit.
Mining conglomerate Vedanta Resources Plc reported a fall in core earnings and revenue for the first half of the year...Revenue fell 17 percent to $6.16 billion for the six months ended Sept 30. Follow Economic Times International Business Section,
According to the filing, Warren Buffett's conglomerate picked up 40,089,371 shares of Exxon Mobil in the third quarter. Exxon has 4.37 billion shares outstanding, so the Berkshire stake amounts to about 1% of the oil giant. Shares of Exxon Mobil are