Firms/companies
BlackBerry to acquire AtHoc
23 Jul 2015
HSBC close to selling Turkish unit to ING for $750 mn: report
23 Jul 2015
Analysts sayTurkey is a difficult market for foreign banks due to stiff competition with local lenders, and yet attractive by virtue of its young population and geographic location between Asia and Europe
Citibank fined $700 mn over illegal credit card practices
23 Jul 2015
The regulators’ investigations revealed that Citibank marketed these products deceptively to consumers who did not realise they were both applying for credit card and purchasing debt-protection coverage
Toshiba sells 4.6% stake in Finnish elevator maker Kone Oyj for $946 mn amid accounting scandal
22 Jul 2015
German auto consortium close to buying Nokia maps for $2.7 bn
22 Jul 2015
The consortium comprising BMW, Mercedes-Benz parent Daimler AG and Volkswagen's subsidiary Audi AG are now settling issues such as patent rights
Apple's Q3 net rises 38% to $10.7 bn, but market disappointed
22 Jul 2015
The California-based company also saw its cash and investments break past $200 billion for the first time as its ability to create wealth continued amidst lacklustre performance by tech majors like Microsoft
Microsoft bets on booming cloud revenues despite $3.2-bn Q4 loss
22 Jul 2015
The software major reported an 88-per cent growth in commercial cloud revenue to $832 million (up 96 per cent in constant currency) driven by Office 365, Azure and Dynamics CRM Online
Toshiba's president Hisao Tanaka, two others resign over accounting scandal
21 Jul 2015
Toshiba's top executives set unrealistic profit targets that systematically led to accounting irregularities, which were “skillfully” hidden from outside observers
Barclays may cut up to 30,000 jobs in two years: report
20 Jul 2015
Barclays is expected to cut more than 30,000 of its staff within two years as it accelerates a cost-cutting programme
Yahoo’s revamped messenger app reportedly ready
20 Jul 2015
Google shares zoom 16.3%, add $65 bn market value in a day
18 Jul 2015
The surge came after it posted better-than-expected profit for the first time in six quarters, taking the Nasdaq composite index to a record intra-day high
Yahoo to spin off its $32-bn Alibaba stake into 'Aabaco Holdings'
18 Jul 2015
Yahoo’s stake in Alibaba is currently worth over $32 billion, which would make Aabaco Holdings a sizable company
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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