Firms/companies
Coke seeks better growth in India with $20-bn investment plan
23 Dec 2013
Coca Cola India expects to get back to double-digit growth in the country over the next year, with a planned investment of $20 billion by 2020
Work begins on PepsiCo's Rs1,200-cr plant in Andhra
21 Dec 2013
The new plant will manufacture a range of beverages, including fruit juice based drinks, carbonated soft drinks and sports drinks
BlackBerry to outsource handset production to Foxconn
21 Dec 2013
Foxconn will get a share of profit on each device in return for taking on inventory management, which could result in writedowns if smartphones did not sell
Oracle to acquire enterprise software firm Responsys for $1.5 bn
21 Dec 2013
The acquisition will help Oracle, the world’s second-largest software company after Microsoft, to extend the reach of Oracle marketing cloud
Cash-strapped Railways introduces dynamic fares
21 Dec 2013
Karnataka HC annuls United Spirits’ stake sale to Diageo
21 Dec 2013
Without going into the legalities of the stake sale, the court ruled that USL’s stock cannot be transferred without the consent of its creditors
Google fined €900,000 for breaching Spain’s Data Protection Act
21 Dec 2013
The fine relates to three different breaches with penalties of €300,000 each, more fines are expected to follow
Facebook and banks to face lawsuit over IPO
20 Dec 2013
Social networking site Facebook and dozens of banks must face a lawsuit for misleading investors at the time of its IPO, a US judge has ruled
Hong Kong’s PCCW to buy back CSL New World Mobility for $2.4 bn from Telstra
20 Dec 2013
Telstra holds 74.6-per cent stake in CSL, while the remaining 23.4 per cent is held by New World, a Hong Kong-based property development and telecommunications company
Reliance spurts as cabinet okays doubling price for KG-D6 gas
20 Dec 2013
Agreeing to a suggestion by RIL, the cabinet allowed the price hike on condition that the company will furnish a bank guarantee equal to the incremental revenue it would generate from the increase
S Korean companies Hanmi and Amneal Pharm launch first copy of AstraZeneca's Nexium in US
20 Dec 2013
Bayer to acquire cancer drug maker Algeta
19 Dec 2013
Bayer and Algeta are partners in the sale of the prostate cancer drug Xofigo, which the US FDA had approved in May
Botnet steal text messages from Android handsets
19 Dec 2013
Facebook top searched item of 2013: Google
19 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