Author Archives: Moneycontrol.com editor@moneycontrol.com

Quakehit units of Toyota, other carmakers temporarily shut

Toyota Motor Co said it has halted production at two factories with combined annual capacity of 420,000 small cars built mainly for overseas markets, after a massive earthquake hit Japan the previous day.

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Posted in Global India, Market News, News |

Datawatch: Indian firms with significant foreign VC money

Datawatch lists out a bunch of Indian companies where FVCIs have a significant holding. Continue reading

Posted in Global India, Market News, News |

Japan authorities: TEPCO plant fuel rods may have melted

Japanese nuclear authorities said that there was a high possibility that nuclear fuel rods at a reactor at Tokyo Electric Power’s Daiichi plant may be melting or have melted, Jiji news agency reported.

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Japan starts huge relief mission; emergency at 5 Nreactors

The Daiichi and Daini power plants operated by Tokyo Electric Power experienced critical failures of the backup generators needed to power cooling systems after the plants shut down automatically following the quake. Some reports said that about 45,000… Continue reading

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All the markets are well supplied with oil: ExxonMobil

The geopolitical tensions in the Middle East are on the edge of spreading to Saudi Arabia, the largest provider of the world’s oil consumption. Does that mean that the oil prices are yet to touch another high? In an interview with CNBC’s Erin Burne… Continue reading

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World Cup minnows get a helping hand from desi brands

World Cup minnows Netherland’s, Canada and Kenya get a helping hand from desi brands. SAB TV laughs its way up the entertainment channel order and Hindustan Unilever is serving up coffee. Continue reading

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Nplant trouble after Japan quake; 3,000 evacuated

Japan’s massive earthquake caused a power outage that disabled a nuclear reactor’s cooling system, triggering evacuation orders for about 3,000 residents as the government declared its firstever state of emergency at a nuclear plant. Continue reading

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Europe and US step up pressure on Gaddafi to go

Europe and the United States stepped up diplomatic pressure on Muammar Gaddafi to quit, while on the ground his forces used their superior strength to press their advantage against rebels. Continue reading

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Credit Suisse in $70mn accord over subprime risk

Credit Suisse Group AG has agreed to pay USD 70 million to settle US litigation accusing the Swiss bank of misleading investors about its subprime exposure and ability to limit losses. Continue reading

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Aditya Birla Retail plans expansion push

Aditya Birla Retail, the retail arm of the USD 29 billion diversified Aditya Birla Group, plans to open as many as 130 supermarkets and a dozen hypermarkets in the fiscal year starting in April, to take advantage of the surging spending power of Indian… Continue reading

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