Reliance to invest in Abu Dhabi petrochemical hub

Billionaire Mukesh Ambani's Reliance Industries has signed a pact to invest an undisclosed amount in a giant petrochemical hub being built in the UAE. The oil-to-telecom conglomerate will join the......

Four IPOs to hit markets; aims to garner Rs 14,628-cr

The buzz in the IPO market continues with four companies launching their initial share sales this week to raise over Rs 14,628 crore collectively. Illustration: Dominic Xavier/Rediff.com This......

Warren Buffet firm's Gujarat project hangs in balance

The fate of US $ 245-million (approx. Rs 1,356 crore at current exchange rates) chlorinated polyvinyl chloride (CPVC) unit, proposed to be set up through a joint venture between billionaire......

Buffett is back, to invest in Gujarat chemical JV

Billionaire investor Warren Buffett, the Oracle of Omaha, is back in India doing what he does best: investing. Ohio, US-based speciality chemicals maker Lubrizol Corporation, a wholly owned......