Firms/companies
Canon to buy Toshiba's medical equipment business for $5.9 bn
17 Mar 2016
As part of a 5-year strategic transformation initiative, launched early this year, Canon will expand its healthcare business, integrating it within the safety and security sector, as a next-generation pillar of growth
GM seed firm Monsanto welcome to quit India: minister
17 Mar 2016
The Modi government’s decision to cut royalties paid on Monsanto’s GM cotton seed by as much as 70 per cent has hurt the US firm, which has taken the matter to court - but for it to quit such a big market as India is not really an option
Subrata Roy’s Plaza Hotel to be auctioned for mortgage defaults
By By Ravi Kunder | 17 Mar 2016
The five-star hotel off Central Park is majority owned by Subrata Roy’s Sahara India Pariwar, which defaulted on the mortgage payments By Ravi Kunder
Adani signs landholder compensation deal for Australia coal mine
16 Mar 2016
The deal follows Queensland parliament’s decision on Monday to grant “all state government approvals” to Adani’s coal mine project at Carmichael
Sony to buy Michael Jackson’s stake in Sony ATV JV for $750 mn
15 Mar 2016
ATV was founded in 1955 and acquired by Michael Jackson in 1985 for $41.5 million. In 1995, Michael Jackson merged his share with Sony's music-publishing catalogue to form Sony ATV
In US, pay for Amazon purchases with a smile!
15 Mar 2016
Online retail giant Amazon Inc was last week granted a US patent on using selfies instead of passwords for shopping on smartphones
ONGC to drill 9 development wells in K-G Basin
15 Mar 2016
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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