About 1,000 alumni of the Indian Institutes of Technology (IITs) have sent a petition to the directors of the seven premier government-owned engineering institutes urging them to ban Dow Chemicals, which acquired the Union Carbide plant in 2001, from any partnership or role in the premier institutes of the country. This comes soon after the company was forced to cancel pre-placement talks, due in the last week of October, in IIT Madras and Bombay.
The Campaign estimates that 22,000 people are already dead and says yet Dow wants to deny all responsibility and wants the Indian government to pay millions of dollars for the clean of its mess in Bhopal.
The Indian markets have delivered high long-term returns, second only to the US.
Last Friday's tumble on Wall Street, with the Dow Jones index falling nearly 400 points, is sure to have its repercussions on the already shaky Indian market. With both the benchmark indices, the Bombay Stock Exchange Sensex and the National Stock Exchange Nifty having lost 5 per cent apiece last week, investors are already skittish.
Analysts said News Crop bid could result in similar offers from other media giants.
The reasons may not appear compelling, but an alliance with Dow Chemical could help RIL. Here are the reasons.
India's premier technical institute, IIT-Bombay's golden jubilee celebrations -- to be held in New York from July 18 to 20 this year -- have stirred a hornet's nest. The reason is that Dow Chemicals is one of the main sponsors.
Shooter Gagan Narang became the first Indian athlete to say Dow Chemical should be allowed to be a sponsor of the 2012 London Games even though the Indian Olympic Association wants the organisers to reconsider it.
Did the Indian government guarantee Dow Chemicals, the parent company of Union Carbide, that it will not be held liable for the Bhopal gas tragedy?
Dow Chemicals, the US-based petrochem giant, may announce its intent of floating a joint venture with Reliance Industries this week.
Rohm & Hass is a Philadelphia-based chemical giant and a Fortune 500 company. Gupta was the point person in the negotiations between his company and chemical conglomerate Dow Chemical for the sale of Rohm & Hass.
Reaffirming its stand, the International Olympic Committee Wednesday rejected calls from the Indian Government to drop Dow Chemicals as sponsor of the London Games because of its links to the 1984 Bhopal gas tragedy.
After repeated letters of protest by the IOA failed to move the International Olympic Committee, the Indian government has now stepped in by asking the international body to drop Dow Chemicals as sponsor of this year's London Games for the company's link to the Bhopal Gas tragedy.
The 50-50 partnership would bring together BSE's closely watched India index suite, which includes the Sensex, with S&P Dow Jones Indices' 115 years of experience in publishing transparent and independent global benchmarks.
London Olympics organizers, on Monday, made it clear that it was never their intention that Dow Chemical's name would be on the fabric wrap around the main stadium for the Games and the company has now agreed to remove its branding.
From the 30 Sensex firms, Mahindra & Mahindra, JSW Steel, Maruti, Tata Steel, Larsen & Toubro, ICICI Bank, Power Grid, Nestle, Bharti Airtel and Adani Ports were the biggest gainers. Tata Consultancy Services emerged as the only laggard.
Three Bhopal gas tragedy survivors' organisations have opposed West Bengal government's move to invite Dow Chemicals to the proposed chemical hub in Haldia after the state government failed to acquire land at Nandigram.
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.
The Madhya Pradesh high court in Jabalpur on Monday directed the state government to take steps within six weeks for disposal of Bhopal-based Union Carbide's 337 tonnes of hazardous waste as per safety protocols, while restraining the media from publishing any fake news on the same.
The work to remove 377 metric tonnes of hazardous waste from the now-defunct Union Carbide factory in Bhopal has begun. The waste will be transported to an incineration site in Pithampur near Indore, around 250 km from Bhopal. The move comes after the Madhya Pradesh High Court ordered the authorities to clear the site, 40 years after the deadly gas leak that killed thousands and left hundreds of thousands with health problems.
Dow India would comply with all the directives stated by the government to work outa solution to the current situation, the company said. Recently the company's research facility at Chakan was razed by a group of villagers, following which members of the Warkari sect claimed responsibility for the act, saying they would not allow the facility to come up at a place which is sacred to the followers of the 17th century Bhakti movement saint Tukaram.
Indian passenger vehicles market registered record wholesales of 43 lakh units in 2024, with companies like market leader Maruti Suzuki, Hyundai, Tata Motors, Toyota Kirloskar Motor, and Kia posting their best-ever annual domestic sales. The continued growth of SUVs, along with rural markets playing a key role in driving up car sales, helped the industry better the previous best of nearly 41.1 lakh units posted in 2023.
The Indian Oympic Association came down heavily on the Government for adopting double standards on Dow Chemicals' sponsorship of the London Games and said the Sport Ministry's plans of selective boycott of the London Olympics will have "serious repercussions".
Madhya Pradesh chief minister Shivraj Singh Chauhan urged the government to boycott next year's London Olympics because of the event's sponsorship deal with Dow Chemical company, according to local media reports.
DJSI is an international indicator, which tracks the financial performance of companies having outstanding sustainability conduct.
United Phosphorus Ltd has purchased the US-based Dow AgroScience LLC's oryzalin herbicide business, including Surflan, for $21.3 million.
The Supreme Court on Monday issued notices to the Union Carbide Corporation, Dow Chemicals and others on a Centre's plea seeking enhancement of compensation to the victims of 1984 Bhopal gas tragedy from Rs 750 crore to Rs 7,700 crore.
A children's movement in Bhopal takes on the might of Dow Chemicals.
"If I go there at all, I would be addressing the (US-India) CEOs meeting and also have some bilateral meetings with Treasury officials. I do not know of any other meeting. I do not know from where these things come," he told media persons in Ahmedabad when asked about reports about his plans to meet with Dow Chemicals CEO Andrew Liveris in the US.
In a major development that will allow Indian investors access to the American market, the National Stock Exchange (NSE) has decided to begin trading in futures contracts of S&P 500 and Dow Jones Industrial Average (DJIA), two of the world's most influential market indices.
One of the world's most-watched index reached a record high yesterday. Here are some key takeaways for investors.
Amid growing resentment over Dow Chemicals' association with the London Olympics, the IOA's Executive Board decided to write a 'strong' protest letter to the IOC, seeking the removal of the company as a sponsor of the Games next year.
Pune villagers are protesting against Maharashtra govt's move to give about 40 hectare of grazing land to Dow Chemicals for a R&D facility in Shendi village. The area's dairy business has suffered due to this and the villagers were also not informed. Activists say there is no environmental impact assessment report for the project. Over 10 villages in the Pune district have launched protests to save their grazing land, by not allowing construction material into their villages.
The international chemical giant Dow will invest $100 million in Research and Development (R&D) facility at Chakan, near Pune. The centre may be fully functional by 2010. The R&D facility would come up in the 100-acres, and will employ 500 researchers.
The backing of the 16-member board on Tuesday sends the offer to the Bancroft family, which controls the majority voting shares of the company, for a final vote.
Gautam Adani-owned Adani Ports and Special Economic Zone (APSEZ) will replace IT major Wipro in the 30-share BSE Sensex from June 24, according to an official announcement on Friday. This marks the first inclusion of any Adani Group firm in Sensex. The group has 10 listed firms with a combined market valuation surpassing Rs 17 lakh crore.
Global index developer Dow Jones Indexes, in partnership with Dharma Investments, on Tuesday launched 'Dharma Indexes,' which measure the performance of companies selected according to the value systems of religions, especially Hinduism and Buddhism.
