Firms/companies
Ford nearer to India JV deal with Mahindra: report
25 Sep 2019
Under the joint venture deal structure after months of discussions, Ford will hold 49 per cent while Mahindra will own 51 per cent, according to a Reuters report
RBI yet to explain its move against PMC Bank
25 Sep 2019
RBI-appointed officer JB Bhoria is currently overseeing the working of PMC Bank, although it is unclear whether RBI has taken over management of the bank or is merely overseeing in the interim ahead of loosening these restrictions
ICICI Bank to add 450 branches this fiscal
24 Sep 2019
Infosys 3rd in Forbes’ list of ‘World’s Best Regarded Companies’
24 Sep 2019
Visa and Ferrari topped the list that also had Indian companies like Tata Consultancy Services at 22, Tata Motors at 31, Tata Steel at 105 and L&T at 115
Rana Kapoor sells 2.3% stake in YES Bank
23 Sep 2019
Petronet signs $2.5 billion deal with Tellurian for 5 million tonnes LNG
23 Sep 2019
Petronet signed an MoU with the US natural gas company for sourcing up to 5 million tonnes of LNG through equity investment in the latter’s Driftwood project
Tata Motors unveils futuristic `Ziptron’ electric mobility technology
20 Sep 2019
The state-of-the-art electric vehicle technology with class-leading power and performance will set a new benchmark in the EV industry, says Tata Motors
Microsoft announces $40 bn share buyback, hikes dividend
19 Sep 2019
Microsoft reported revenue of $125.8 billion for the financial year 2019, and a net income of $39.2 billion, setting a new record fiscal year, even as the trillion-dollar company returned $7.7 billion to shareholders in the form of share repurchases and dividends in the fourth quarter of fiscal year 2019
RIL Jio teams up with global partners for O-RAN testing and integration
19 Sep 2019
Open Test and Integration Centre (OTIC) partners have invited additional members to join and advance the creation of ready-to-implement blueprints for RAN solutions conforming to the O-RAN specifications in order to realise open and disaggregated 5G networks
US auto union UAW begins nation-wide strike against GM
16 Sep 2019
GM said UAW wages and benefits are expensive compared with competing non-union auto plants in southern US states and also justified plant shutdowns saying market shifts, especially the switchover to electric vehicles, demanded solutions for the Michigan and Ohio assembly plants that are non-productive
Canadian pension fund to get majority stake in L&T IDPL
16 Sep 2019
Canada Pension Plan Investment Board, which reinvested Rs1,120 crore of its original Rs2,000 crore investment to acquire a 30 per cent stake in L&T IDPL sponsored InvIT unit, now holds all high value projects of L&T IDPL through the InvIT
IMF blames policy muddle for India’s sluggish economic growth
13 Sep 2019
IMF attributes the weakening growth rate of the Indian economy to corporate, environmental and regulatory uncertainties, which deter both manufacturers and consumers from taking decisions
RBI opens taps, enables banks to lend more to consumers
13 Sep 2019
Besides reducing the risk weight for banks’ consumer loans and personal loans to 100 per cent from 125 per cent, RBI also raised bank’s exposure limit to a single NBFC from 15 per cent to 20 per cent of its Tier-I capital
Malaysia’s Axiata, Telenor call off merger move
11 Sep 2019
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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