World Business News

MUMBAI: Videocon Industries has firmed up plans to bid for oil blocks in Kurdistan - governed by the Kurdistan Regional Government - even though global oil majors have been shying away from bidding for oil assets in the region.

PepsiCo may be lining up a potential successor to CEO Indra Nooyi, bringing back a former executive to head its biggest moneymaking unit and naming an insider to the newly created role of president.

Adani Power synchronized the fifth unit of the Mundra power plant this week, taking its total generating capacity to 4,620MW, making it the world's largest single-location coal-fired plant in the private sector.

The company behind the lightning-fast processor in the new iPad thinks it can soon become the predominant microchip business in the world.