Firms/companies
J&J to sell Ortho Clinical Diagnostics unit to Carlyle for $4.15 bn
17 Jan 2014
US healthcare major Johnson & Johnson (J&J) yesterday agreed to sell its Ortho Clinical Diagnostics (OCD) unit to private equity firm Carlyle Group for $4.15 billion.
Ford, Georgia Tech debut new solar car concept
16 Jan 2014
Ford Motor's C-MAX Solar Energi Concept harnesses the power of the sun by parking under a special concentrator that acts like a magnifying glass, directing intensified rays from the sun onto solar panels on the parked vehicle’s roof below
GM returns to advertising on Facebook
16 Jan 2014
Facebook yesterday released research showing that automotive campaigns on the social networking site led more people to consider the brands and models advertised
Posco's Odisha steel project to be up and running in a few weeks: PM
16 Jan 2014
Prime minister Manmohan Singh today announced the resurrection of Posco’s mega steel project in Odisha, following the revalidation of its environmental clearance
IOC withdraws bid for Bengal’s ailing Haldia Petrochem
16 Jan 2014
IndianOil has informed the state government led by Mamata Banerjee of the Trinamool Congress that it has decided not to go ahead with the deal to buy the government’s 40-per cent stake in Haldia Petrochemicals
Bank of America’s profits rise five-fold
16 Jan 2014
Bank of America , the second-largest US lender, posted net income of $3.4 billion in the fourth quarter, up from $732 million a year earlier
Twitter adds new capabilities for ad re-targeting programme
16 Jan 2014
Twitter will allow advertisers to include or exclude certain audiences from their advertising by using email addresses and user IDs
GM vehicle sales up 4 per cent at 9.71 mn
15 Jan 2014
JP Morgan replaces 2 million payment cards
15 Jan 2014
Toshiba to acquire 60% stake in UK nuclear venture NuGeneration
15 Jan 2014
With Toshiba in command, NuGeneration Ltd will move ahead with plans to build three nuclear reactors 400 km north-west of London
Government to be richer by Rs19,600 cr as CIL declares 290% dividend
15 Jan 2014
Coal India Ltd, which supplies around 83 per cent of the fuel used in the country, has declared a record interim dividend of 290 per cent for 2013-14
Shell to sell some North Sea oilfields to raise under divestment programme
15 Jan 2014
Despite its divestments Shell still expects to hit its target of $130 billion in capital expenditure between 2012 and 2015
RIL looking to buy Petronas stake in Venezuelan oil project
15 Jan 2014
Reliance Industries Ltd is looking at buying Petronas' 11-per cent stake in Venezuela's $20 billion Carabobo-1 project, one of oil-rich Venezuela's biggest petroleum project
Google to acquire Nest Labs, maker of smart devices
15 Jan 2014
Google is acquiring Nest Labs, a maker of smart thermostats and smoke alarms, for $3.2 billion, in a bid to enter the home automation segment
Twitter gives new look to its website
14 Jan 2014
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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