Firms/companies
Infosys offers Rs10,000-cr buyback and dividend after profit fall
11 Jan 2019
Infosys reported a 29.62 per cent drop in consolidated net profit to Rs3,610 crore for the December quarter against a Rs5,129-crore net profit in the corresponding quarter last year
Jet Airways back on the table for stake sale talks with Tatas: report
11 Jan 2019
If Jet Airways, which has overdue debt and payments to staff, lessors and airports, fails to find an investor or financier, the airline could go the Kingfisher way
TCS Q3 net vaults 24.1% to Rs8,105 crore
10 Jan 2019
TCS said its income from operations during the quarter grew 20.8 per cent to Rs37,338 crore while revenue from the BFSI segment surged 23 per cent
Jet Air lenders propose halving Goyal’s stake in $900m turnaround plan
09 Jan 2019
SBI has appointed Ernst and Young to conduct a forensic audit into Jet Airways' books from 1 April 2014, to 31 March 2018 and lenders will not release cash until they have the report on Jet Airways' business viability
Pfizer to shutter two more plants in India
09 Jan 2019
Eli Lilly to acquire Loxo Oncology for $8 bn in cash
09 Jan 2019
Loxo’s oncology drug Vitrakvi, priced at $32,800 per month, and experimental follow-up drug LOXO-195, on which Bayer is also a partner, together could generate annual sales of about $750 million
Supreme Court holds Monsanto’s patent on GM cotton seeds valid in India
08 Jan 2019
For Monsanto, now owned by German pharma and life sciences major Bayer AG, the apex court ruling involving its business in the world’s biggest producer of the fiber comes as a rare victory
Some Facebook users perceive worsening physical health
08 Jan 2019
In the first study of its kind reveals Facebook use is linked to perceptions of worsening physical health, new research from the University of Surrey, reports
HAL gets nod to produce weaponised version of LCA Tejas
04 Jan 2019
The Centre for Military Airworthiness and Certification (CEMILAC) has given the final operational clearance to start manufacturing of the weaponised Tejas Mk1, while the actual final operational clearance will take place only after extensive tests and trial
Nestle admits to lead content in its Maggi noodles
04 Jan 2019
The Supreme Court has, however, directed that the reports received from the Central Food Technological Research Institute will be the basis for proceedings before the National Consumer Disputes Redressal Commission
Apple acknowledges waning demand for iPads and iPhones
03 Jan 2019
Hit by falling Chinese sales, Apple on Wednesday revised its revenue guidance for its fiscal 2019 first quarter ended on 29 December to approximately $84 billion, with other income of approximately $550 million
Bristol-Myers to acquire Celgene in $74-bn cash-and-stock deal
03 Jan 2019
Celgene shareholders will receive one Bristol-Myers Squibb share and $50 in cash for each share held, or $102.43 per share, a premium of 53.7 per cent to Celgene’s Wednesday close, besides one tradable contingent value right for each share held
Cabinet nod for merger of Vijaya Bank and Dena Bank into Bank of Baroda
02 Jan 2019
The merger will combine the advantages of Dena Bank's relatively higher access to low-cost CASA deposits, Vijaya Bank's profitability and availability of capital for growth, and the extensive and global network and offerings of BoB
Jet Airways defaults on loan repayment to banks
02 Jan 2019
RBI allows one-time restructuring of MSME loans up to Rs25 cr
02 Jan 2019
MSME loans worth up to Rs25 crore in the default but standard category as on 1 January 2019 will be allowed a one-time restructuring, "without an asset classification downgrade" RBI said
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Lighter than air, yet very, very powerful
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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
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.
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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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