DOW

  • Court issues summons to Dow Chemicals in Bhopal gas tragedy case August 5, 2014

    A local court issued summons to Dow Chemicals here on Monday in connection with the 1984 Union Carbide gas tragedy case on after a petition filed by a nongovernmental organisation (NGO) fighting for the rights of poison gas affected victims. The summons was issued by the court of Chief Judicial Magistrate Pankaj...
  • Bhopal gas tragedy: Court summons US chemical giant Dow Chemicals February 28, 2014

    Chief Judicial Magistrate (CJM), Bhopal, Pankaj Maheshwari today issued a notice to Dow Chemicals to appear before the court on July 4 and present its stand with regard to the Bhopal gas leak disaster of December 1984. Bhopal Group for Information and Action, an NGO working with the gas-affected people, had...
  • Carbide responsible for Bhopal gas tragedy, new evidence reveals February 6, 2014

    Plaintiffs in a lawsuit against Union Carbide Corp (UCC) have released new evidence to show its "direct role in designing and building the pesticide plant in Bhopal" where the 1984 gas disaster killed thousands. Union Carbide, now a Dow Chemical subsidiary, refuses to clean up the site claiming that its former...
  • 'Union Carbide had direct role in designing, building Bhopal plant' February 6, 2014

    Plaintiffs in a lawsuit against Union Carbide Corp (UDC) for the 1984 Bhopal gas leak tragedy released new evidence on Wednesday that demonstrates the company's "direct role in designing and building the pesticide plant in Bhopal, India". Union Carbide, now a Dow Chemical subsidiary, refuses to clean up the site, claiming...
  • Sensex falls 11.66 points to end at 20,217.39 November 22, 2013

    Mumbai: The Sensex on Friday closed 12 points down, logging its third straight weekly loss, as uncertainity over US Fed tapering its economic stimulus hit positive sentiment that helped the benchmark log gains initially. Late profitbooking in recent gainers in auto and realty sectors also contributed to Sensex's fall for the...
  • Dow Jones average closes above 16,000 for the first time November 22, 2013

    New York: The Dow Jones industrial average is closing above 16,000 for the first time as encouraging news on the job market pushes stocks higher. Applications for unemployment benefits dropped last week to the lowest level since September. The number of applications is close to where it was before the Great...
  • US: Stocks fall as government heads towards shutdown October 1, 2013

    New York: Stocks fell on Monday as Wall Street worried that a budget fight in Washington could lead to an event far worse for the economy a failure to raise the nation's borrowing limit. Investors pulled back from stocks as a budget standoff between Republicans and Democrats in Congress threatened to...
  • Wall Street jumps; Dow, S&P 500 close at record highs July 12, 2013

    New York: The S&P 500 index and the Dow industrials closed on Thursday at record highs, a day after Federal Reserve Chairman Ben Bernanke said the US central bank will keep a loose monetary policy for some time to lower the unemployment rate. Bernanke said after the market's close on Wednesday...
  • Why a resurgent american economy matters for India Inc May 6, 2013

    Fall in Canada is splendid. Around September to early October, for a couple of weeks every year, the changing leaf colours attract thousands of visitors. Two years ago, Dow India chairman Vipul Shah and his wife decided to take a trip to see the sight. There is this one train...
  • US: Dow hits 15, 000 on job market strength May 4, 2013

    New York: US stocks added to gains on Friday, with the Dow industrials at a record high above 15,000 after a strong payrolls report for April and large upward revisions showed the jobs market is healing despite the sluggish recovery in the overall economy. The Dow Jones industrial average rose 176.4...
  • Sensex ends marginally higher, shrugs off weak manufacturing data April 1, 2013

    Equity benchmarks ended marginally higher on Monday even as macro indicators showed that the economy is yet to turn. The Sensex rose 29 points to close at 18865 and the Nifty gained 22 points to close at 5704. Mid and small cap shares were the star performers of the day....
  • Dow ends at record again, S&P posts seventh straight gain March 12, 2013

    New York: Wall Street rose modestly on Monday, lifting the Dow to another record and giving the S&P 500 its seventh straight advance as early weakness enticed buyers. The gains briefly lifted the benchmark S&P 500 index to its highest intraday level since October 2007. With the slight advance, US stocks...
  • Asian markets rise to a 4-year high as Dow hits another record March 7, 2013

    Tokyo: Japan's Nikkei share average rose above 12,000 on Thursday for the first time in 4.5 years, with risk appetite supported by a record high on Wall Street and the prospect of Japan soon adopting an aggressive reflationary monetary policy. The Nikkei rose 1.1 per cent to 12,060.96 by mid-morning,...
  • US: Dow Jones soars to an all-time high March 6, 2013

    New York: About an hour after the Dow Jones industrial average hit a record high on Tuesday, Overland Park, Kansas-based financial adviser Brad Stratton got an e-mail from a client asking how she could "make hay while the sun shines." Stratton, a former Merrill Lynch broker who set up his...
  • Dow sets record highs as rally continues March 5, 2013

    New York: The Dow rose to record highs on Tuesday, breaking through levels last seen in 2007 as investors extended 2013's rally. Shortly after the opening bell, the Dow rose above 14,198.10, the intraday all-time high reached in October 2007, when the world was heading toward the financial crisis. If the...
  • Wall Street sinks after election as 'fiscal cliff' eyed November 8, 2012

    New York: The Dow industrials lost more than 300 points in a selloff on Wednesday that drove all major U.S. stock indexes down over 2 percent in the wake of the presidential election as investors' focus shifted to the looming "fiscal cliff" debate and Europe's economic troubles. The Standard & Poor's...
  • Bhopal victims hold own Olympics to protest Dow July 26, 2012

    Bhopal: Hundreds of survivors of the deadly 1984 Bhopal gas leak held a "Special Olympics" on Thursday with children suffering birth defects in an effort to shame Olympic sponsor Dow Chemical Co. on the eve of the London Games. Survivors say Dow owes them compensation for the world's worst industrial disaster...
  • London civic body opposes Dow as Olympic sponsor July 12, 2012

    London's municipal authority has urged the organisers of the upcoming London Olympics to rethink their relationship with Dow Chemicals. ...
  • Dow sponsorship damages Games: London Assembly July 12, 2012

    London: London politicians called on Olympic officials to rethink their sponsorship contract with Dow Chemical on Wednesday, saying the company's links to the 1984 Bhopal disaster damaged the reputation of this month's Games. Members of the London Assembly, the body which oversees the work of the capital's mayor, said London Olympic...
  • Dow leaps 286 points, its biggest day of the year June 7, 2012

    New York: Speculation that governments in the US and Europe will act to help their economies sent stocks surging to their best day this year. Atlanta Federal Reserve President Dennis Lockhart said in a speech that weak job growth over the past two months highlighted the "halting and tenuous" recovery. If...
  • Greece, Euro zone a worry for world markets May 24, 2012

    Global markets are jittery over concerns that Greece may drop the Euro. ...
  • Dow shuts plants, cuts jobs as Europe struggles April 3, 2012

    Midland, Michigan: The Dow Chemical Company will cut 900 jobs and shutter plants on three continents because of weakness in Europe, which may soon tip back into recession of it has not done so already. Dow was ravaged during the global and economic crisis that struck four years ago, cutting more...
  • 'Haven't asked Indian athletes to shun Olympics' March 29, 2012

    New Delhi: Clarifying that the government has not asked athletes to boycott the London Olympics over the Dow Chemicals sponsorship, Sports Minister Ajay Maken on Thursday said that the matter has been pursued at a diplomatic level with the host nation. "India has not asked its athletes to boycott the London...
  • Dow will sponsor 2012 Olympics: British PM March 11, 2012

    London: British Prime Minister David Cameron said he would be "very sad" if India boycotted the London Olympics following the row over sponsorship of the event by Dow Chemicals, linked to the Bhopal Gas tragedy of 1984. "It would be a very sad day," he told Karan Thapar on Devil's Advocate...
  • No question of dropping Dow as sponsor: British PM March 11, 2012

    London: British Prime Minister David Cameron has ruled out taking India's side in its quest to have Dow Chemicals dropped as the sponsor of the London Olympics. Cameron was speaking to Karan Thapar on this week's Devil's Advocate special from London. Cameron said he did not see any problem with...
  • India @ 9 with Rajdeep Sardesai March 7, 2012

    Even as Akhilesh Yadav claims his father Mulayam will be the UP CM, clamour within SP has been growing for Akhilesh. ...
  • News360: Akhilesh Yadav rejects party calls to become UP CM March 7, 2012

    After a spectacular victory of his party, SP chief Mulayam Singh Yadav is all set to become the next chief minister of Uttar Pradesh. ...
  • IOC writes to Sports Ministry, backs Dow March 7, 2012

    New Delhi: International Olympic Committee has written to the Sports Ministry saying it cannot drop Dow Chemicals as a sponsor of the London Olympics 2012. In its letter accessed by CNNIBN, IOC said, "Dow had nothing to do with Union Carbide when the Bhopal gas leak happened." "Indian Supreme Court itself...
  • Ethically, Dow must not sponsor Olympics: Maken March 4, 2012

    New Delhi: Union Sports Minister Ajay Maken has said that Dow Chemicals must not be allowed to sponsor London 2012 Olympics as it is a successor company of Union Carbide, which was responsible for the Bhopal gas tragedy. Speaking exclusively to Karan Thapar on Devil's Advocate, Maken pointed that the Olympic's...
  • IOCDow deal against Olympic Charter: Activists March 1, 2012

    New Delhi: Two organisations that have been fighting for justice for Bhopal gas victims on day demanded that the International Olympic Committee terminate the "untenable" partnership with Dow Chemicals for the 2012 London Olympics. Bhopal Gas Peedith Mahila Udyog Sanghathan and Bhopal Gas Peedith Sangharsh Sahayog Samiti said the IOC should...