Firms/companies
Reliance and BP announce fuel retail joint venture, Jio-BP
17 Dec 2019
As per the agreement, BP will invest Rs7,000 crore for a 49 per cent stake in the joint venture, which will assume ownership of RIL’s existing Indian fuel retail network and access its aviation fuel business to create 5,500 retail sites over five years
Rel Jio set to bag RCom’s tower, fiber assets with Rs3,600-cr bid
11 Dec 2019
At Rs3,600-crore, Reliance Jio’s bid is the highest for Rcom’s tower business and optical fiber network worth a total Rs10,000 crore
Alstom starts manufacture of train sets for Mumbai Metro
11 Dec 2019
A total of 31 metro train sets comprising of 248 cars will be manufactured at the company’s state-of-the-art plant at SriCity, in Andhra Pradesh
RIL, Adnoc team up for ethylene dichloride project in Ruwais
11 Dec 2019
Under the terms of the agreement, Adnoc and RIL will create a facility to manufacture ethylene dichloride, a basic building-block for the manufacture of polyvinyl chloride, adjacent to Adnoc’s integrated refining and petrochemical site in Ruwais
Bharti Telecom seeks nod for Rs4,900-cr FDI to make it foreign
09 Dec 2019
Bharti Airtel has been in discussion with Singtel and other entities for fund infusion and has already applied for government permission to raise the company’s FDI limit to 100 per cent
Vodafone Idea won’t survive without govt relief: Kumar Mangalam Birla
06 Dec 2019
Responding to a question if the company is still hopeful of government relief for the debt-laden telecom sector, Birla echoed the statement made by Nick Read, CEO of Vodafone Plc, a shareholder in Vodafone Idea, earlier, but detracted later
RBI keeps repo rate unchanged at 5.15% despite GDP slump
05 Dec 2019
The Monetary Policy Committee (MPC) said the decision followed a spike in inflation in the near-term, while acknowledging that there is room to cut rates further going ahead
Larry Page and Sergey Brin step down; Pichai to head Google and Alphabet
04 Dec 2019
“There is no one that we have relied on more since Alphabet was founded, and no better person to lead Google and Alphabet into the future,” Larry Page and Sergey Brin stated in a letter they wrote about the transition at blog.google
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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