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Merrill Lynch tops Indian M&A league

 Merrill Lynch, the global investment bank, has come on top of the mergers and acquisition league table in India for the first time since it was acquired by Bank of America about five years earlier.......

BPCL, Videocon JV discovers oil in Brazil

 State-owned Bharat Petroleum Corporation Limited and Videocon Industries on Friday said an oil discovery has been made in their deep sea block off Brazil.Oil was struck in the BM-SEA-11 block in......

RIL mulling JV with Petrobras

 Reliance Industries, the largest Indian private company, is in talks with Brazilian energy giant Petroleo Brasileiro (Petrobras) to set up two petrochemical joint ventures, sources close to the......

ONGC inks swap deal with Brazil's Petrobras

 Oil and Natural Gas Corporation has offered Brazilian oil firm Petroleo Brasileiro SA (Petrobras) a stake in its east coast blocks in exchange for getting a 15 per cent stake in a Brazilian......

NELP VI may throw up new ties

 The auction of oil blocks under NELP VI, for which bidding closed on Thursday, could see the emergence of some new partnerships and players in India's upstream sector.Mukesh Ambani's Reliance......

Rio Olympic: 1st allegation of corruption crops up

 Bribe paid to get funds for Rio Olympic project IMAGE: Japan's Yuka Sato, left, and Ireland's Aileen Reid during the women's triathlon ITU World Olympic Qualification Event at Copacabana beach,......

Brazil's Andrade Gutierrez to admit World Cup bribes: Folha paper

 One of Brazil's largest builders, Andrade Gutierrez, will confess to paying bribes for 2014 FIFA World Cup contracts and business with state-run companies Petrobras and Eletrobras, a newspaper......

FIFA scam: Ex-Honduran leader pleads guilty in US bribery case

 Former Honduran President Rafael Callejas pleaded guilty on Monday to U.S. charges that he participated in bribery schemes that are under investigation at soccer's world governing body FIFA.......

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