Firms/companies
Amazon set to acquire 9.5% stake in Future Retail for Rs2,000 cr
28 Nov 2018
While the initial investment will be in the form of portfolio investment, a deal could include Amazon buying out Biyani and promoter group’s entire holding in the future, subject to applicable regulations in India, say reports
Nissan board votes unanimously to fire chairman Ghosn
22 Nov 2018
The move, which leaves the chairman position vacant, came despite alliance partner Renault urging Nissan’s board before its meeting to delay removing Ghosn, say reports
Flipkart is now 81.3% Walmart
21 Nov 2018
The move, amidst a controversial exit of co-founder Binny Bansal and an expected rise in annual earnings of Flipkart, leaves the remaining shareholders with a mere 18.639 per cent stake
Twitter bots had 'disproportionate' role spreading misinformation in 2016 election
21 Nov 2018
An analysis of information shared on Twitter during the 2016 US presidential election has found that bots played a disproportionate role in spreading misinformation online
RBI to ease banks’ capital adequacy norms, boost liquidity
20 Nov 2018
The RBI at the board meeting decided to relax Basel III capital norms for banks that will free up Rs2,50,000 crore to Rs3,00,000 crore of cash for onward lending
GAIL, Getco seek rejection of ArcelorMittal’s Essar Steel bid
20 Nov 2018
Essar Steel Asia Holding Ltd, the promoter of Essar Steel, had proposed to pay Rs54,389 crore that would cover all dues of the financial and operational creditors
Govt pins hopes on its nominees as RBI board meeting continues
19 Nov 2018
The ongoing meeting of the Reserve Bank of India board is likely to find new ways to ease tension between the government and the central bank and ease credit flow
RIL looking to raise refining capacity to 30 million tonnes: report
19 Nov 2018
The new plant, expected to come up alongside the Jamnagar complex, is estimated to cost $10 billion (Rs71,600 crore at current exchange rate)
Nissan’s Ghosn arrested for under-reporting salary: report
19 Nov 2018
The Japanese automaker said Ghosn had used company money for personal use and that it had been investigating possible improper practices of Ghosn and representative director Greg Kelly for several months
ADB extends $574 million in loans to India
16 Nov 2018
Gurumurthy backs govt stand on credit liberalisation
16 Nov 2018
Government’s man on RBI board said the Rs9.6 lakh reserve is the highest for any central bank and that prompt corrective action should not be a deterrent to credit flows
Mahindra’s ultra high-end SUV Alturas G4 set for Nov 24 launch
16 Nov 2018
The Alturas G4, a rebadged version of the SsangYong G4 Rexton, will compete with players that operate in the Rs30+ lakh (ex-showroom) price range
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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