Firms/companies
RBI eases SLR rules for banks to enhance liquidity
27 Sep 2018
Reserve Bank of India (RBI) has allowed banks to use government bonds equivalent to an additional 2 per cent of their net demand and time liabilities (NDTL), thereby taking lenders’ SLR window to 15 per cent
Sterling Bio director Nitin Sandesara, family flee Rs5,000-cr fraud probe
25 Sep 2018
CBI and the ED had, last year, booked five directors of Gujarat-based Sterling Biotech, besides chartered account Hemant Hathi, former Andhra Bank director Anup Garg and some others for cheating banks to the tune of Rs5,300 crore but does not have any clue now about their whereabouts
Without curbs India's oil demand seen hitting 500 mtpa by 2040
25 Sep 2018
A spike in demand to 10 bpd a month could push up India’s oil import bill to about $27 billion (at current prices) a month and to about $34 billion a month at $100 per barrel
Tata Steel to acquire Usha Martin’s steel biz for up to Rs4,700 cr
24 Sep 2018
Usha Martin is amongst the largest wire rope manufacturers in the world and a leading speciality steel producer in India
Infosys to open innovation hub in Arizona
21 Sep 2018
With plans to hire 1,000 Workers by 2023, Infosys said the Arizona centre represents a key milestone in the company’s commitment to hire 10,000 American workers and close the IT skills gap
Tea, coffee served on trains to cost Rs10 now
20 Sep 2018
RBI asks Yes Bank’s Rana Kapoor to step down in 4 months
20 Sep 2018
While Yes Bank reported rapid growth over the last decade under Kapoor, the regulator pointed out discrepancies in the way the bank reported its bad loans
Amazon to buy 49% in Aditya Birla’s More retail chain in deal with Samara
20 Sep 2018
The recent deals in Indian retail space, including the Walmart-Flipkart deal, are widely seen as the government’s green light for foreign retail giants to establish themselves in India’s $400-billion food and grocery market
Govt to merge Bank of Baroda, Vijaya Bank and Dena Bank
18 Sep 2018
The merger of the three loss-making banks would create a larger entity with higher net worth and higher financial clout, which would help instil greater confidence in these banks
Tata to launch Tigor and Tiago EVs for mass market
14 Sep 2018
The Tigor EV, with a driving range of 130 km on a single charge, comes at a time when prices of petrol and diesel are skyrocketing and this could mean an increasing demand for electric vehicles, especially in the short haul urban settings
ArcelorMittal raises bid for Essar Steel to Rs42,000 crore
11 Sep 2018
Essar Steel, with its 10 million tonne a year production capacity, had outstanding debt of Rs50,786 crore as of March 2018 and the Rs42,000 crore offer is almost 83 per cent of its outstanding debt
Infosys sets up joint venture with Temasek to expand in S-E Asia
07 Sep 2018
Infosys will hold 60 per cent stake in the joint venture, Trust Services, with Temasek holding 40 per cent
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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