Until recently, the US Department of Energy (DOE) was planning to raise the minimum efficiency rating of natural gas furnaces from 80% to 90% in the 30 northernmost states (the other states are set to have increase in air conditioner efficiencies mandated). This would increase the cost of furnace installations substantially. However, the DOE argued that the […]

Solar Lighting in Africa In the rural areas of Africa, where there is no electricity, solar lights seem to be the perfect solution. Almost 95% of the rural African population depend on Kerosene lamps for their living. They spend a huge amount of money buying such lamps and kerosene oil which is so hazardous and […]

Natural Gas Import in India The demand for energy is ever-growing and the rising price of crude oil has been a cause for global concern. Over the price race of crude oil and insufficient production, natural gas seems to be a rescue product. Around 21% of global energy needs is currently served by gas. Though […]

Foreign Company A foreign corporation is a term used in the United States for an existing corporation that is registered to do business in a state or other jurisdiction other than where it was originally incorporated. A foreign corporation is one incorporated as a domestic corporation in one state of the United States, authorized to […]

Whirlpool Corporation Whirlpool Corporation is an American multinational manufacturer and marketer of home appliances Headquartered in Benton Charter Township, Michigan, United States Listed in Fortune 500 Annual revenue of approximately $18.4 billion Employs more than 70,000 employees More than 70 manufacturing and technology research centres around the world Whirlpool Corporation surpassed Electrolux to become “the […]

Packaging Industry The packaging industry will register strong earnings growth driven by buoyant end-user demand. If we take the historical data and compare the performance of Packaging stocks, we find them to have outperformed the S&P CNX Nifty over the past three and five years. The industry show a negative performance last year with negative […]