Firms/companies
IMF lowers India’s FY20 GDP growth forecast to 7.3%
10 Apr 2019
Individual economies need to ensure that inflation remains on track while, at the multilateral level, the main priority is for countries to resolve trade disagreements cooperatively, without raising distortionary barriers that would further destabilise a slowing global economy, says IMF
Six bidders express interest in Jet Airways
09 Apr 2019
Buy-out firms such as TPG Capital, KKR and Blackstone and international airlines such as Lufthansa, Singapore Airlines and Delta-Air France-KLM are among the entities are believed to have shown interest in the airline
Raymond’s, RIL team up to launch ecofriendly range of textiles
09 Apr 2019
Raymond’s Ecovera, which makes use of Reliance Industry’s R|Elan range of fibers, will help redeem almost 1 million PET bottles from landfills, according to RIL
Barring PE Asia to acquire 53% in NIIT Tech for Rs4,890 cr
08 Apr 2019
NIIT Technologies, on its part, will acquire Wishwork IT Consulting, besides selling its entire 88.99 per cent stake in Esri India Technologies Ltd to other equity shareholders of Esri, Inc
LVB-Indiabulls Housing Fin merger has no RBI sanction
08 Apr 2019
The All India Bank Employees' Association (AIBEA) has, meanwhile, urged RBI governor Shakthikanta Das to not allow the proposed merger of Lakshmi Vilas Bank with Indiabulls Housing Finance Ltd and instead merge LVB with one of the public sector banks
India looks to sell LCA Tejas to Royal Malaysian Air Force
05 Apr 2019
Malaysian Prime Minister Mahathir Mohamad has made it clear that Malaysia will look to buy fighter planes from China or any other country after the European Union proposed to end the use of palm oil in biofuels
RBI cuts policy repo rate by a further 25 bps to 6%
04 Apr 2019
RBI said the decision is in consonance with the objective of achieving the medium-term target for consumer price index inflation of 4 per cent within a band of (+/-) 2 per cent, while supporting growth
Reliance Jio acquires AI-based start-up Haptik in Rs700-cr deal
04 Apr 2019
The entire transaction, which will enable Reliance Jio Digital to grow and expand in the AI-based communication space, is estimated to cost about Rs700 crore
Supreme Court strikes down RBI's 12 February circular on NPA resolution
02 Apr 2019
The RBI circular, issued on 12 February 2019, required banks to treat a company as a defaulter even if it misses repayment schedule by a day and had set a 180-day deadline for resolution of all bad loans over Rs2,000 crore under the Insolvency and Bankruptcy Code
Rail Vikas Nigam IPO yet to pick up momentum
02 Apr 2019
RBI plans another $5 billion liquidity injection
02 Apr 2019
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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
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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.
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The Rise and Rise of HDFC Bank
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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
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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
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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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