Coal and oil have long been sought-after investment targets, but that is changing. Norway is increasingly withdrawing its huge sovereign wealth fund from fossil fuels. But for finance, not climate protection. The electric car pensioner...
Executives of most of the company are generally geared up to buy assets rather than to sell them. Executives’ resistance is reasonable due to reduction of top-line, fear of market’s reaction and to avoid hassle...
Stephen Heintz, president of the Rockefeller Brothers Fund, explains to DW how it makes perfect sense that a fund which got rich on oil is now divesting from fossil fuels. With its announcement to pull...
Finance Minister – P. Chidambaram’s take on Fiscal consolidation, Divestment, 2G auction, Inflation management, Current account deficit (CAD), key legislation such as Direct tax Code (DTC). He unveiled a five-year roadmap for fiscal consolidation. The...
German industrial conglomerate Siemens has announced plans to sell off its solar energy business in an effort to cut costs and strengthen profits. The firm doesn’t expect earnings in the sector to pick up in...
After missing the target for current year, Finance minister cautiously set a target of Rs. 30,000 cr from stake sale in public sector undertakings. He commented that government is committed in its effort to enhance...
