Firms/companies
Tata Group’s IHCL acquires The Connaught in NDMC auction
21 Jun 2018
The Indian Hotels Company Ltd has agreed to pay over Rs1,866 crore in annual licence fee for The Connaught, a premium hotel in Lutyen's Delhi, to acquire a 33 year lease right for the property
Troubled GE drops out of Dow Jones for first time in 110 years
20 Jun 2018
General Electric (GE) was the last original member of the Dow Jones Industrial Average, tracing its roots to Thomas Edison's light bulb business founded in the 1890s. It will be replaced on the index by drugstore chain Walgreens Boots Alliance
Govt puts off Air India stake sale plan
19 Jun 2018
The government is now looking at turning around Air India to ensure that it makes profits on overall basis before going in for a listing, as is required under Sebi listing norms
Microsoft under fire over ICE contract; but won’t back down
19 Jun 2018
Azure Government is a cloud computing software that Microsoft sells to various government agencies, but the contract with US Immigration and Customs has come in for criticism over the agency's detention centres and family separation policies
Google AI’s medical predictions prove more accurate than doctors’
19 Jun 2018
Google’s Medical Brain team is now training its artificial intelligence capabilities to predict the death risk among hospital patients — and its early results show it has slightly higher accuracy than a hospital’s own warning system
Amazon CEO Jeff Bezos added $5-bn to his wealth since 1 June: Forbes
19 Jun 2018
Jeff Bezos, the world’s richest man with a net wealth of $141.9 billion, is now $49-billion richer than Microsoft founder Bill Gates and $60-billion richer than Warren Buffett, the founder chairman and CEO of Berkshire Hathaway
Sandeep Bakhshi made ICICI Bank COO; Kochhar is CEO 'on leave’
19 Jun 2018
ICICI Bank board, which earlier tried to shield the CEO from the allegations levelled against her by an anonymous whistleblower, now claims the bank is following the “highest levels of governance and corporate standards”
Head of VW's Audi arrested in Germany over 'dieselgate’
18 Jun 2018
While Audi too had admitted to using the cheating device in its models, both Audi and Volkswagen, however, said Stadler was presumed innocent unless proved otherwise
Google bets $550 million on Chinese e-commerce firm JD.com
18 Jun 2018
Google has been rapidly expanding its e-commerce business, partnering with Costco, Target, and Walmart and promoting products through the Google Assistant and Google Shopping
AT&T completes $85-bn acquisition of Time Warner
18 Jun 2018
The deal that brings together global media and entertainment leaders Warner Bros, HBO and Turner under AT&T’s banner, can still be challenged by the US justice department
London court asks Vijay Mallya to pay £200,000 in costs to Indian banks
16 Jun 2018
The London court ordered Mallya, 62, to pay costs towards registering an Indian court’s order freezing Mallya’s assets worldwide and the order of the Karnataka Debt Recovery Tribunal (DRT) in Britain
SoftBank to invest up to $100 bn in India’s solar power sector
15 Jun 2018
SoftBank had in 2015 announced a $20-billion joint venture with Bharti Enterprises and Taiwan’s Foxcon for solar projects in India and in April this year teamed up with China's GCL System Integration Technology Co Ltd for a $930 million Indian solar energy venture
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
Business History Videos
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