Firms/companies
Tata Motors unveils futuristic `Ziptron’ electric mobility technology
20 Sep 2019
The state-of-the-art electric vehicle technology with class-leading power and performance will set a new benchmark in the EV industry, says Tata Motors
Microsoft announces $40 bn share buyback, hikes dividend
19 Sep 2019
Microsoft reported revenue of $125.8 billion for the financial year 2019, and a net income of $39.2 billion, setting a new record fiscal year, even as the trillion-dollar company returned $7.7 billion to shareholders in the form of share repurchases and dividends in the fourth quarter of fiscal year 2019
Microsoft announces $40 bn share buyback, hikes dividend
19 Sep 2019
Microsoft reported revenue of $125.8 billion for the financial year 2019, and a net income of $39.2 billion, setting a new record fiscal year, even as the trillion-dollar company returned $7.7 billion to shareholders in the form of share repurchases and dividends in the fourth quarter of fiscal year 2019
RIL Jio teams up with global partners for O-RAN testing and integration
19 Sep 2019
Open Test and Integration Centre (OTIC) partners have invited additional members to join and advance the creation of ready-to-implement blueprints for RAN solutions conforming to the O-RAN specifications in order to realise open and disaggregated 5G networks
US auto union UAW begins nation-wide strike against GM
16 Sep 2019
GM said UAW wages and benefits are expensive compared with competing non-union auto plants in southern US states and also justified plant shutdowns saying market shifts, especially the switchover to electric vehicles, demanded solutions for the Michigan and Ohio assembly plants that are non-productive
Canadian pension fund to get majority stake in L&T IDPL
16 Sep 2019
Canada Pension Plan Investment Board, which reinvested Rs1,120 crore of its original Rs2,000 crore investment to acquire a 30 per cent stake in L&T IDPL sponsored InvIT unit, now holds all high value projects of L&T IDPL through the InvIT
IMF blames policy muddle for India’s sluggish economic growth
13 Sep 2019
IMF attributes the weakening growth rate of the Indian economy to corporate, environmental and regulatory uncertainties, which deter both manufacturers and consumers from taking decisions
RBI opens taps, enables banks to lend more to consumers
13 Sep 2019
Besides reducing the risk weight for banks’ consumer loans and personal loans to 100 per cent from 125 per cent, RBI also raised bank’s exposure limit to a single NBFC from 15 per cent to 20 per cent of its Tier-I capital
Malaysia’s Axiata, Telenor call off merger move
11 Sep 2019
Malaysia’s Axiata, Telenor call off merger move
11 Sep 2019
IMF researchers suggest an integrated capital market for Europe
11 Sep 2019
Lowering barriers to a European Capital Markets Union offers the prospect of bridging the interest rate differentials and other macroeconomic benefits, say IMF researchers
Rana Kapoor in talks to sell Yes Bank stake to Paytm
10 Sep 2019
The deal, however, is yet to finalised as Paytm owner Sharma is still evaluating the pros and cons of the deal, which involves a lot of complexities, including promoter ownership shareholding as also regulatory challenges
Rana Kapoor in talks to sell Yes Bank stake to Paytm
10 Sep 2019
The deal, however, is yet to finalised as Paytm owner Sharma is still evaluating the pros and cons of the deal, which involves a lot of complexities, including promoter ownership shareholding as also regulatory challenges
British Airways grounds nearly all flights after pilots strike work
10 Sep 2019
The grounding of the flights inconvenienced thousands of travellers and authorities are reported to have stopped angry flyers from entering the airport to avert any untoward incident