Firms/companies
BP to sell its 50% stake in SECCO to Sinopec for $1.68 bn
28 Apr 2017
The sale is part of the London-based company’s plan to raise up to $5.5 billion through asset sales this year in order pay for the 2010 Deepwater Horizon disaster in the US
Instagram hits 700 mn user mark
27 Apr 2017
Hyundai subsidiary Kia Motors plans $1.1-bn India facility, signs MoU with Andhra govt
27 Apr 2017
The first products at the plant will be a strategic compact sedan and compact SUV, specially suited to the Indian market
RIL in pact with Germany’s Resysta to manufacture recyclable wood
27 Apr 2017
The material is a key innovation that was needed to address the crisis of shrinking rainforests, as well as the inferior quality of wood composite products that were used before
Creditors oust Usha Martin chairman to facilitate asset sale
26 Apr 2017
Selling a property worth Rs2,500 crore to recover Rs5,000 crore would amount to writing off Rs2,500 crore, a decision that ordinary people may not digest
Verizon outbids AT&T for 5G wireless spectrum holder Straight Path Communications
26 Apr 2017
Straight Path Communications Inc, holder of precious 5G wireless spectrum, today said that it has received a superior buyout offer from a "multi-national telecommunications company," topping a rival bid from AT&T Inc
Liberty House to bid for bankrupt Essar project in the US
26 Apr 2017
Essar had invested around $1.8 billion into the Nashwauk project over several years but walked away from it in late 2015 due to shortage of cash even after having taken over $1 billion in debt from a consortium of Indian banks to fund the project
IMF meet fails to address issues of protectionism, monetary expansion
25 Apr 2017
While there is no universal policy prescription for diverse economies at different conjunctural stages, the IMF Committee said monetary accommodation should continue where inflation remains stubbornly below target levels
LinkedIn hits 500 mn members
25 Apr 2017
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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