Ineos might close down petrochemical plant in Scotland

Ineos might close down petrochemical plant in ScotlandOil giant, Ineos has indicated that it might be planning to shut down its petrochemical plant located in Grangemouth in Scotland, sparking fears of job losses.

The company indicated that the plant might be closed due to the rising costs and a fall in the production of gas from the North Sea. Company chairman Jim Ratcliffe, who is the billionaire founder of the chemicals group, confirmed reports by saying that the plant is on the crossroads. He pointed out that the plant has not been a successful venture for the company and it has lost a significant amount of money.

UK house prices rise 5.4% till August

UK house prices rise 5.4% till AugustAccording to a new survey, the housing prices have risen by 5.4 per cent during the year till August in the UK as the economy shows signs of a strong recovery.

The Halifax's latest house price survey showed the rise is the highest annual rate since June 2010. The average price of a house also rose beyond the £170,000 mark for the first time in five years as the housing market continued to recover backed by government schemes and growing economy. The figure is still below its highest level in August 2007 when the average price was around £200,000.

Lamar Odom out of rehab ?

Lamar Odom out of rehab ?Los Angeles, Sep 7 : Televisio

Bucket lists are important: Preity Zinta

Preity-ZintaNew Delhi, Sep 6 : Actress Preity Zinta, who is "a bit under the weather", has a long list of things to do before she dies, and she considers such a "bucket list" is important for everyone.

The 38-year-old, who turned producer with "Ishkq in Paris" (2013), has checked most activities mentioned in her bucket list, but she has now revealed that she has more things in mind.

"Bucket lists are important and fulfilling," Preity posted on Twitter.

Government may auction coal blocks in Dec-Jan

S-K-SrivastavaNew Delhi, Sep 6 : The government is likely to auction explored coal blocks this December or in January next year, Coal Secretary S. K. Srivastava said here Friday.

Speaking at a CII conference on Mining Leaders' Roundtable, he said that a "letter of comfort" from the environment and forests ministry would be given to the successful bidder.

Srivastava said that there would also be an exit route without any penalty after a period of two years if the requisite clearances failed to materialize.

Sonakshi takes canine help to bust stress

Sonakshi-SinhaNew Delhi, Sep 6 : Many tinsel town ladies opt for

Pages

News in Focus

Shriram Finance Share Price Could Reach Rs 1,175: Motilal Oswal Research

Motilal Oswal Financial Services has reiterated its BUY recommendation on Shriram Finance (SHFL), assigning a target price of Rs 1,175, implying an upside potential of nearly 29% from the current m

Honasa Consumer Share Price Target at Rs 550: ICICI Securities

ICICI Securities has reiterated its BUY recommendation on Honasa Consumer Limited, raising its target price to Rs 550 from Rs 500, implying an upside potential of nearly 32% from the current market

Balkrishna Industries Share Price Target at Rs 2,547: Geojit Financial Services

Geojit Financial Services has upgraded Balkrishna Industries (BKT) to a BUY rating and assigned a 12-month target price of Rs.

IREDA Share Price Target at Rs 180: ICICI Direct Remains Bullish on PSU Major

Indian Renewable Energy Development Agency (IREDA) continues to demonstrate strong balance-sheet expansion despite a temporary slowdown in profitability caused by elevated provisioning and foreign