Ciba Specialty, Clariant global merger to pose local hiccups
Swiss multinationals Ciba Specialty Chemicals and Clariant AG on Monday announced the creation of the world's largest specialty chemicals company through what the two called a "merger of equals".

Piqued P&O walks out of Vadhavan project after pillar-to-port rigmarole
P&O Ports of Australia has dropped its plans to develop a Rs 4,000-crore port at Vadhavan near Dahanu. The company has reportedly taken the decision as it could not get a loan from the World Bank for the project.

Reliance official Balasubramanian booked in Delhi
Delhi police have registered a case under the Official Secrets Act against Reliance Industries group president V Balasubramanian, following alleged recovery of "top secret" documents at his Delhi office.

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  Apollo to pay Rs 57 cr for Nocil rubber chem unit
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