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Oil extends gains on dollar weakness
Oil rose in Asian trade today, lifted by a weak US dollar which came under more pressure after a report that Gulf states considered dropping the greenback for oil transactions, analysts said.

IAF copters carry out flood relief operation in Bengal
Indian Air Force today deployed two MI-17 helicopters to carry out flood relief operation in and around Pursura and Khanakul areas of Hooghly district, nearly 100 km northwest of here.

News of the day

'Our balance sheet is still bigger'
Business Standard / Mumbai October 31, 2009, 0:51 IST
Business Ideas

Rio Tinto to sell Alcan Composites for $349mn

Anglo-Australian mining giant Rio Tinto today said it will sell building products maker Alcan Composites to Swiss firm Schweiter Technologies for $349 million. Rio Tinto, in a statement, said that it has entered into an agreement to sell Alcan Composites, part of the Alcan Engineered Products division, to Schweiter Technologies for a total consideration of $349 million.


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