Firms/companies
Facebook asks US banks to share customer data; plays down privacy fears
07 Aug 2018
Facebook has had discussions with JPMorgan Chase, Wells Fargo, Citigroup and US Bancorp in the past year about sharing customers' financial data to enhance its Messenger texting platform
SoftBank sees 50-fold rise in net profit at $2.8 bn on back of Flipkart deal
07 Aug 2018
SoftBank showed a gain of around $1.48 billion on its balance sheet due to an increase in the fair value of its stake in Flipkart, translating to a 60-per cent return on its investment ahead of its sale to Walmart
Indra Nooyi to step down as PepsiCo CEO, Ramon Laguarta to take over
06 Aug 2018
Since Nooyi took over as CEO, PepsiCo has delivered total shareholder return of 162 per cent, returned $79.4 billion to shareholders through dividends and buybacks, nearly tripled dividends and increased revenue from $35 billion to $63.5 billion
Maruti Suzuki to invest $1 billion in Toyota’s Karnataka plant
06 Aug 2018
Maruti Suzuki, which produces 15,000 Baleno cars at its Gujarat plant, aims to manufacture the car at Toyota India’s under-utilised plant in Karnataka. Toyota will be selling the Baleno and Suzuki’s Vitara Brezza in India
US senators quiz Google about Chinese search engine plans
06 Aug 2018
Seeking details about a reported plan to develop a censored Chinese version of the Google search engine, a bipartisan group of six US Senators have said the unconfirmed project “risks making Google complicit in human rights abuses”
HDFC AMC’s IPO debuts at 59% premium on BSE, 65% on NSE
06 Aug 2018
The Rs2,800-crore initial public offering by the country’s second-largest asset manager was subscribed 83 times on the last day of the bidding led by demand from non-institutional investors
SBI, Reliance Jio form SBI YONO for digital push
04 Aug 2018
Fiat Chrysler claims Mahindra’s Roxor model infringes its Jeep brand, complains to USITC
03 Aug 2018
Cisco to acquire Duo Security for $2.5bn
03 Aug 2018
Coca-Cola India plans to relaunch dairy products
03 Aug 2018
Online food business M&As heating up in India
02 Aug 2018
Huawai overtakes Apple as No.2 smartphone brand; Samsung still leads
02 Aug 2018
With new launches in the premium segment, Huawei shipped more smartphones than Apple to capture the second spot in the global rankings, after seven years of Apple-Samsung dominanc
Cabinet nod for LIC to buy 51% stake in ailing IDBI Bank
02 Aug 2018
Rubbishing talk of a negative impact of the deal on the Life Insurance Corporation, acting finance minister Piyush Goyal said the deal will help LIC get 2,000 bank branches of the bank to market its policies across country
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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