Firms/companies
Reliance Jio cuts nearly 5,000 jobs, including 500-600 regular ones
31 May 2019
An estimated 75,000 jobs have been lost in the telecom sector in 2017 alone, due to financial stress faced by companies and ,more people are expected to lose jobs in the coming years as consolidation progresses
Airtel Africa plans London listing to cut $16 billion debt
29 May 2019
With a debt load of more than $16 billion and falling revenue and market share at home Bharti Airtel is looking at its African business to stay put
SpiceJet reports 22% jump in Q4 net profit
28 May 2019
Fiat Chrysler proposes 50:50 merger with Renault
28 May 2019
The Fiat Chrysler Automobiles and Groupe Renault combination together with its Nissan and Mitsubishi partners would be the largest global OEM alliance, selling more than 15 million vehicles annually
SpaceX launches first 60 satellites for its global internet service
27 May 2019
The launch puts Elon Musk’s global internet project `Startup OneWeb’ well ahead of Amazon's `Project Kuiper’, the brainchild of Musk's space rival Jeff Bezos
CCI approves GSK-Pfizer consumer healthcare JV
24 May 2019
Reliance Capital to exit Reliance Nippon Life Asset Management
24 May 2019
Reliance Capital expects this transaction, together with other deals underway, to reduce RCAP’s debt by over 50 per cent in the current financial year, letting the company to focus on financial services, with focus on housing, SME and consumer finance
Tata Motors creates new compact truck segment with `Intra’
23 May 2019
Built on Tata Motors’ new premium tough design concept, with car-like ergonomically designed cabin, steering comfort, low noise and comfortable seats, the `Intra’ promises fatigue-free long inter-city trips
RBI to create specialised supervisory department
22 May 2019
The merger of its supervisory departments to form a specialised cadre is aimed at strengthening the supervision and regulation of commercial banks, urban cooperative banks and non-banking financial companies
CCI probe finds market abuse by Monsanto arm in India: report
22 May 2019
Besides overpricing its Bt cotton seed in India, the Monsanto joint venture MMBL also charged higher trait fees from seed producers in Haryana, Punjab and Rajasthan, reports citing the CCI report said
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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