Firms/companies
Apple to acquire most of Intel’s smartphone modem business
26 Jul 2019
Almost 2,200 employees from Intel will join Apple, along with intellectual property, equipment and leases as Intel shifts focus on 5G technologies that will enable disruptive innovation in the network infrastructure
Boeing reports $3 billion loss as MAX groundings prolong
25 Jul 2019
Boeing said the company will issue fresh guidance as the previously issued 2019 financial guidance of a $4.9 billion charge does not reflect 737 MAX impacts that includes compensation the planemaker will have to pay airlines for the delayed deliveries
US FTC slaps $5 billion fine on Facebook
25 Jul 2019
While two Democrats on the FTC demanded a fine of $10 billion on FB, the three Republicans stood firm and imposed just $5 billion fine on the social network
Nissan to cut over 10,000 jobs worldwide: report
24 Jul 2019
Nissan, which reported a 57 per cent year-on-year fall in its net profit to 319 billion yen ($2.9 billion) for the fiscal year ended 31 March 2019, expects profit outlook for the current fiscal to be even worse – at 170 billion yen
RIL reports Rs9,036-cr Q1 net profit on revenues of Rs172,956 cr
22 Jul 2019
RIL’s refining revenues, however, declined by 3.0 per cent to Rs96,384 crore ($14.0 billion) with exports falling by 4.5 per cent to Rs50,158 crore ($7.3 billion)
Jalan panel favours phased transfer of RBI surplus to govt
18 Jul 2019
While the centre is keen to get its hands on the entire contingency fund of Rs2.32 lakh crore, the Jalan panel is expected to propose annual transfers of Rs50,000 crore each from the reserve to the government
Wipro Q1 net profit up 13% at Rs2,388 cr
17 Jul 2019
Future is bright, Premji tells Wiproites ahead of his last AGM as CMD
17 Jul 2019
Premji said while the company is committed to enhancing value for stakeholders, as a large technology company which employs 170,000 plus people, Wipro has the responsibility to drive an inclusive growth
Infosys shares zoom over 7% on strong Q1 earnings
15 Jul 2019
Infosys on Friday reported strong performance in earnings and revenue for the April-June 2019-20 quarter and announced plans to recruit 18,000 people from campuses this fiscal
Apple to pull low-cost iPhones out of market as iPhone 6 catches fire
15 Jul 2019
Apple has stopped selling the iPhone SE, iPhone 6, 6s and 6s Plus in India and the iPhone SE will now be the entry-level model, say reports
Vistara to launch international flights in August
11 Jul 2019
A joint venture of Tata Sons and Singapore Airlines, Tata SIA Airlines Limited, operating as Vistara, has not reported any profit after it commenced operations on 9 January 2015
TCS Q1 FY’20 net profit rises 10.8% to Rs8,131 cr
10 Jul 2019
TCS also posted an 11.4 per cent rise in revenue to Rs38,172 crore during the April-June 2019-20 quarter and reported operating margin of 24.2 per cent for the quarter
IBM completes $34-billion acquisition of Red Hat
10 Jul 2019
The acquisition positions IBM as the leading hybrid cloud provider and accelerates IBM's high-value business model, while extending Red Hat's open source innovation to a broader range of clients
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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