Category: Business

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Market Pulse: RIL Inks Deal To Import U.S. Ethane

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Reliance Industry is planning a major boost for its cracker portfolio. RIL will import 1.5 million tonne per annum of ethane from U.S.Amritha Pillay takes you through what the investments are likely to be in this deal...

Market Pulse: Royalty To Rise To 15% For Metals

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Last night, the cabinet gave the go-ahead to hike the royalty rates for most minerals. This will be a significant boost for state governments, who collect the royalty but will also raise the cost of production for min...

CEO On The Drive- On The Drive With Sumit Sawhney

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Renault is a well-known European brand, but in India the company hasn’t managed to get the same recognition. So, when Hormazd Sorabjee caught up with Renault’s India head Sumit Sawhney, he started by asking Sawhney if...

Market Guru- Underweight On EMs: Crossbridge Cap

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In an exclusive interview with Bloomberg TV India, Manish Singh, Strategist & Head - Investment, Crossbridge Capital LLP, shares the firm's top sectoral picks. Watch as he says, "We expect Nifty to cross early dou...

In Business: U.P. Sugar Crisis: Farmers Protest On Non-Payment Of Arrears

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The sugar crisis in Uttar Pradesh continues, with farmers beginning a protest today. While the Government says that sugar mills must pay farmers, the mill association insists on more time to pay dues owing to the lack...

In Business: Global Markets: Peculiar Calm?

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As the conflict in west Asia rages on, oil prices are declining further. Also, the Gaza conflict refuses to die down and the situation in Syria and Iraq is going from bad to worse. However, the easy money rush is keep...

The $15M Super-Stealth Warship the Military Doesn’t Own

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Aug. 21 (Bloomberg) –- Self-made millionaire Gregory Sancoff spent the past decade, and millions of his own money, designing and building the Ghost, a technologically innovative combat boat. But there is no guarantee ...

The Five Biggest Art Heists of All Time

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Aug. 21 (Bloomberg) –- Ten years after Edvard Munch's The Scream was stolen from the Munch Museum in Oslo, Bloomberg Ranx looks at some of the biggest art heists of all time. (Source: Bloomberg)

Russians Seek Banned Brie as French Cheese Piles Up

Russians Seek Banned Brie as French Cheese Piles Up

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Aug. 21 (Bloomberg) –- The French love their cheese, and they're not the only ones. Brie is the most popular French cheese in the U.S. and Russia. What will be the impact of the Russian embargo on the creamy cheese? B...

Carl Icahn Buys Stake in Hertz: Will a Board Seat Follow?

Carl Icahn Buys Stake in Hertz: Will a Board Seat Follow?

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Aug. 20 (Bloomberg) -- Activist Investor Carl Icahn took an 8.5 percent stake in Hertz Global Holdings, the billionaire said in a filing. Bloomberg’s Trish Regan reports on “Street Smart.” (Source: Bloomberg)

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