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UPDATE 2-Famed Texas oilman Nelson Bunker Hunt dead at 88

Oct 21 - Nelson Bunker Hunt, the Texas oilman once considered the world's richest man before his fortunes were undone by Muammar Gaddafi and his own epic overreaching in the silver market, died on Tuesday at age 88.

10:15am IST

UPDATE 1-Australia says wins China coal tariff exemption in free trade pact

* Coal import tariffs stay in effect until trade deal is signed

10:13am IST

Famed Texas oilman Nelson Bunker Hunt dead at 88 - housekeeper, local media

Oct 21 - Nelson Bunker Hunt, the Texas oilman who was considered the richest man in the world before his fortunes were undone by Muammar Gaddafi and his own epic overreaching in the silver market, died on Tuesday at age 88, according to his housekeeper and local media.

9:33am IST

UPDATE 1-Contract driller Nabors' revenue rises on U.S. shale spending

Oct 22 - Contract driller Nabors Industries Ltd reported a 17 percent rise in revenue, its highest increase in nine quarters, as it benefited from strong spending in U.S. shale fields.

3:35am IST

CORRECTED-UPDATE 1-CN Rail earnings up on higher volumes

(Corrects operating ratio improvement to one percentage point, not basis point, in third paragraph)

3:21am IST
BSE OIL & GAS +0.64%
BSE BANKEX +0.30%
BSE-IT +0.75%
BSE METALS +0.24%
BSE REALTY -0.02%
BSE AUTO +2.36%
BSE POWER +0.37%
BSE-FMCG +0.40%
BSE-CG +1.73%
BSE-HC +1.44%

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Fears for tough penalties grow as India cleans up business

MUMBAI - An unprecedented ban on DLF, India's largest property developer, from tapping capital markets has fuelled expectations of tougher penalties ahead, as the country's regulators feel emboldened to take on even companies long sheltered by political connections.