Firms/companies
Australia’s Leighton buys out Welspun Group’s stake in Indian JV for $99 mn
30 Dec 2013
The stake sale was triggered by the $3.5-billion Welspun Group’s decision to reposition its infrastructure business and to focus on its core areas which include textiles, pipes, energy, and steel
Vodafone buys temporary relief from taxman’s demand
28 Dec 2013
The Income Tax Appellate Tribunal asked Vodafone to deposit Rs200 crore as initial payment and submit bank guarantees for the remaining sum, against the Rs3,700-crore tax claim
New Tata-SIA airline closer to take-off with NOC application
28 Dec 2013
Besides the NOC from the ministry, Tata-SIA will have to apply to the Directorate General of Civil Aviation for an air operator’s permit to commence operations
Telenor’s hike in Telewings stake to 74% is finalised
27 Dec 2013
Norway-based telecom services company Telenor today announced that it has raised its stake in its Indian arm Telewings Communications to 74 per cent with an investment of about Rs1,000 crore
Volkswagen beats GM; tops Chinese car market
27 Dec 2013
Regaining the position as the biggest foreign car maker, Volkswagen AG is set to sell more vehicles in China, the world's largest auto market, than GM for the first time in nine years
Vale sells stakes in non-core assets
27 Dec 2013
BlackBerry cancels two handset models over fears of unsold stocks
27 Dec 2013
BlackBerry sales have fallen so low that the troubled handset maker has actually cancelled two handsets it was developing
Seagate to acquire Xyratex
26 Dec 2013
Apple fined for meddling in pricing by Taiwanese service providers
26 Dec 2013
Taiwan’s anti-trust regulator, Fair Trade Commission, said the ruling applied to iPhones only and that it has no plans to investigate price interference with iPads
ONGC Videsh exits strife-torn Sudan, evacuates employees
24 Dec 2013
Oil & Natural Gas Corp has evacuated all its personnel, including 11 executives, from its oil projects in Sudan after violence escalated in the strife-torn African country on 15 December.
EADS, Emirates sign deal for 50 more A380s
23 Dec 2013
With the latest acquisitions, Emirates Airlines, already the largest operator of the Airbus A380s, will have 140 of the aircraft
Tata Housing to buy Alstom T&D's Bangalore land
23 Dec 2013
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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