Popular Articles

Toshiba completes pilot plant for CO2 capture technology
Toshiba Corp has said it has started test operating a pilot plant to develop a commercially viable technology to separate and capture carbon dioxide from flue gas generated in the process of thermal power generation.

Manipal Acunova raises Rs 30 crore from OrbiMed
Manipal Acunova, the Bangalore-based Rs 80 crore clinical research firm, has raised Rs 30 crore from US-based OrbiMed, a global healthcare-dedicated investment firm, with approximately $5 billion in assets under management.

News of the day

Govt okays 14 FDI proposals worth Rs 732 cr
The government today cleared 14 foreing direct investment (FDI) proposals, including a Rs 273-crore application from Asset Reconstruction Company, which could together bring in foreign investment worth Rs 732.5 crore.
Corporate

Arms donors

The echo of India’s controversial Rs 10,000-crore Barak surface-to-air missile deal with Israel is being heard in faraway London. According to a leading London newspaper, “One of the Liberal Democrats’ most generous donors has been accused of accepting tens of millions of pounds in kickbacks from an arms deal between an Israeli company and the Indian Government …” The newspaper quotes Indian sources to say the payments were disguised as ‘business charges’ since India officially prohibits the use of middlemen in defence deals.


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