The detente between the Ambani brothers which lead to the rescinding of the non-compete agreement has resulted in Reliance Industries Ltd (RIL) being the biggest Winner in the win-win arrangement.While on one hand Anil Ambani’s Reliance Communication which was facing a liquidity problem has benefited by being free to sell a stake in the company,Mukesh […]
The Gulf Oil Rig explosion has led to a virtual implosion of British Petroleum with the costs and damages mounting at an unprecedented pace for this company. British Petroleum the $200 Billion Oil Colossus has seen its market cap being shaved off by a massive $60 billion after the explosion.The Oil Spill which has been […]
Nuclear Energy Reactor Market – Main Players The Nuclear Energy Equipment market which is supposed to grow to a Trillion Dollar Market by 2030 is dominated by Three Companies/Joint Ventures.French Energy Giant Areva,Toshiba-Westinghouse and General Electric-Hitachi are the three Combines ruling over the Nuclear Energy Reactor Market currently.There are also two smaller players Russia’s ZAO […]
British Petroleum shares have crashed by almost 33% since the news of the Gulf Oil Spill broke out.Despite BP being a stable mega cap Energy company which do not usually see big price swings,it has lost almost a third of its market value in the last one month.This is unusual for a MNC of this […]
National Oceanic and Atmospheric Administration (NOAA) has said that the last decade was the warmest decade since the 19th century with temperatures a whopping 13.3 Degrees higher than the average for the 20th century.2010 is turning out to be a fitting finale for the decade with this year being on track to be the warmest […]
The whole BP Oil Spill story has been one long list of failures,lies and ineptitude by all the major stakeholders involved.The Obama administration,BP and the Oil Regulator have all been guilty of incompetence,procrastination,finger pointing and cover-ups.All of BP’s efforts have come to naught while dealing with the Oil Spill.The much heralded “top kill” operation which […]