Subsidiaries

  • 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...
  • Air India to hive off two of its subsidiaries January 31, 2013

    Mumbai: As part of its turnaround plan, Air India will hive off two of its subsidiaries from on Friday, an official said in Mumbai on Wednesday. The national carrier's ground handling and maintenance, repair and overhaul will be operated as separate profit centres February 1. Under this, Air India Air Transport Services...
  • Kingfisher Airlines no longer UB subsidiary May 11, 2012

    Mumbai: Vijay Mallya-led United Breweries (Holdings) on Thursday said that Kingfisher Airlines has ceased to be its subsidiary after the carrier allotted shares against optionally convertible debentures to certain entities. The company said in a regulatory filing to the Bombay Stock Exchange (BSE) that it has a high exposure of over...
  • 'Nokia looks to sell its luxury subsidiary Vertu' December 8, 2011

    London: Nokia is to sell its luxury subsidiary Vertu, as the Finnish handset manufacturer overhauls its business in an effort to compete with other smartphone makers, the Financial Times reported on Thursday. The newspaper cited one person familiar with the process as saying Nokia has appointed Goldman Sachs to oversee the...