Firms/companies
PMC Bank scam: 2 HDIL directors held, assets attached
04 Oct 2019
While the Economic Offences Wing of the Mumbai police arrested two directors of realty firm HDIL - Rakesh Wadhawan and his son Sarang Wadhawan - and attached properties worth Rs3,500 crore, the bank's chairman Waryam Singh and its managing director Joy Thomas and other bank officials are also accused of criminal breach of trust, forgery and falsification of records
Samsung ends mobile phone production in China
03 Oct 2019
Mahindra to invest Rs650 cr for 51% stake in JV with Ford
01 Oct 2019
The joint venture will help both companies to deliver operational excellence and value to stakeholders through greater economies of scale, including optimised sourcing, product development, use of relevant technologies and a global reach
SBI makes ATM withdrawals costly, hikes minimum balance charges
01 Oct 2019
While the normal ATM withdrawal limit is two, for savings bank accounts with an average minimum balance between Rs25,000 and Rs50,000, there will be 10 free cash withdrawal transactions in a month, beyond which each transaction will be charged Rs50 (plus GST) irrespective of the AMB
Maruti Suzuki launches mini SUV S-Presso, ahead of the festive season
30 Sep 2019
S-Presso, with its strong SUV appeal, a 1.0 litre K10 engine and a fuel efficiency of 21.7 km/litre, is also BS6 compliant while Suzuki’s 5th Generation HEARTECT platform makes the mini SUV strong, rigid and safe with more than 10 safety features
DHFL proposes equity route for debt resolution
30 Sep 2019
Lockheed to start supply of Made-in-India’ F-16 wings in 2020: report
27 Sep 2019
Lockheed had offered to locally manufacture the more advanced F-21 fighter jets specifically configured for the Indian Air Force’s requirements, while bidding for the $15 billion contract, besides proposing to shift its F-16 production line from the United States to India
IRCTC to launch Rs645-cr IPO on 30 September
26 Sep 2019
ADB cuts India’s FY19 GDP growth to 6.5%, keeps FY20 growth at 7.2%
26 Sep 2019
India will remain one of the fastest-growing economies in the world this year and next year as the government continues to implement policy reforms and interventions to strengthen economic fundamentals, said ADB chief economist Yasuyuki Sawada
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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