Firms/companies
RIL, Turkey’s Kivanc team up for eco-friendly textile production
09 Jul 2019
The fabric, `R|Elan GreenGold’, is made from recycled PET, which substantially reduces emission of greenhouse gases and, according to RIL, its manufacture also doesn’t need much water since it is being made from pre-dyed fibres
Hyundai Kona Electric to launch India’s first long-range EV tomorrow
08 Jul 2019
Hyundai’s Kona Electric, an all electric and powerful SUV, is also India’s first long-range electric vehicle with a claimed range of 452km per charge
Renault launches new Duster priced at Rs7.99 lakh for base variant
08 Jul 2019
The facelift version of the Duster is priced between Rs7.99 lakh for the RxE petrol MT variant and Rs12.50 lakh for the RxS 110PS diesel AWD (both ex-showroom)
Deutsche Bank to lay off 18,000 Asia-Pacific jobs as it exits equity markets 08 July 2019
08 Jul 2019
Deutsche Bank expects the EUR 7.4 billion overhaul to result in a EUR 2.8 billion euro ($3.1 billion) net loss in the second quarter itself
NCLAT approves ArcelorMittal bid for Essar Steel, rejects Ruias’ offer
04 Jul 2019
The NCLAT also revised the approved claims of operational creditors to Rs19,700 crore, up from Rs5,000 crore and said the committee of creditors has no role in distribution of amount between operational and financial creditors
Adani to operate Ahmedabad, Lucknow and Mangaluru airports
04 Jul 2019
The cabinet deferred a decision on the Thiruvananthapuram, Jaipur and Guwahati airports, although Adani had quoted the highest revenue per passenger for all six airports being leased out under PPP
Ola Electric raises $250 million from SoftBank
02 Jul 2019
Ola’s move also supplements government’s ambitious target of 30 per cent overall electric mobility by 2030 and 40 per cent EV target for ride-sharing companies by 2026, in order to curtail air pollution and carbon emissions
Liberty acquires European steel assets of ArcelorMittal for $740 million
01 Jul 2019
The deal brings Liberty Steel’s total rolling capacity to over 18 million tonnes, covering a wide range of finished products, and catapults it into top 10 steel producers globally outside China
Trump lifts ban on Huawei sales, but keeps it in negative list
01 Jul 2019
Addressing a press conference on the sidelines of the G20 summit in Osaka, Japan, US President Donald Trump said the lifting the ban on Huawei would be part of a larger trade deal with China
Govt to push ahead with Air India divestment
28 Jun 2019
The government is now planning to liberalise the terms and conditions for the strategic sale to allow a potential buyer to go for a stake sale of the airline immediately after acquiring it and also enable merger or reverse merger
ED attaches Sterling Biotech assets worth Rs9,778 cr in bank fraud case
27 Jun 2019
Promoters of Sterling Biotech diverted loan funds for non-mandated purposes, layered and laundered through a web of multiple domestic as well as offshore entities, siphoned off loan funds to finance their Nigerian oil business, and even used these for their personal purposes, the ED stated
Govt working on revival package for BSNL, MTNL
27 Jun 2019
RBI wants all payment system data to be stored within the country
27 Jun 2019
While there is no bar on processing of payment transactions outside India, if so desired by the payment system operators (PSOs), RBI said such data should be deleted there and brought back to India within 24 hours
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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