Firms/companies
AT&T awarded contract to build FirstNet
01 Apr 2017
The US government has contracted AT&T to build a first-of-its-kind wireless network to facilitate communications between first responders — firefighters, police and medical workers — during a major emergency
Emissions scam: VW to pay $157 mn to 10 US states
01 Apr 2017
Volkswagen has already agreed to pay over $20 billion in federal criminal and civil penalties and other legal settlements
Airtel ordered to pull out 'fastest network' ad
31 Mar 2017
Johnson & Johnson succeeds in $30-bn tender offer for Actelion
31 Mar 2017
J&J had clinched the deal in December after raising its offer to $280 per share or $30 billion in cash, which included spinning off Actelion's research and development pipeline
Silver Lake, Broadcom table $17.9-bn bid for Toshiba’s chip unit
31 Mar 2017
Toshiba is ready to sell a majority stake or even its entire stake in the Nand memory chip unit, its most valuable business, to cover losses from its Westinghouse N-power plant business
Amazon.com to shut unprofitable Quidsi division
30 Mar 2017
RIL exits fuel retailing in Mauritius, sells 76% stake in Gulf Africa Petroleum Co to Total
30 Mar 2017
FDA approves Dupixent to treat severe eczema
29 Mar 2017
Toshiba’s N-power unit Westinghouse files for bankruptcy
29 Mar 2017
Westinghouse has obtained $800 million in debtor-in-possession financing from a third-party lender to help fund and protect its core businesses during its reorganisation
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