Firms/companies
Fortis board terminates Munjal-Burman offer, invites fresh bids
29 May 2018
Fortis will provide access to data comprising information on finances, litigation and update on pending investigation to new bidders while also allowing the three original bidders to participate in the process
Binani Cement lenders vote in favour of UltraTech offer
29 May 2018
UltraTech’s acquisition of Binani Cement will be subject to the Supreme Court’s ruling against the 15 May order of the National Company Law Appellate Tribunal that allowed lenders to consider UltraTech’s revised offer
TN orders closure of Sterlite's copper smelter in Thoothukudi
28 May 2018
“We have taken a decision to permanently shut down the plant and today issued government orders to do the same,” chief minister Edappadi K Palaniswami said in a statement
Walmart will kill India’s domestic retail trade, warns CAIT
26 May 2018
Comparing Walmart to The East India Company, the Confederation of All India Traders says Walmart will penetrate retail trade through e-commerce, and indulge in predatory pricing and deep discounting, creating an uneven playing field for others
Tech Mahindra Q4 net up
25 May 2018
TCS market cap hits fresh high of Rs7,00,000 crore
25 May 2018
The market cap of TCS, which hit $25-billion in 2010, steadily grew to above the $50-billion in 2013 and then hit the $75-billion mark a year later and is now in the process of crossing the $100-billion set on 24 April this year
TNPCB orders closure of Sterlite plant in Thoothukudi
24 May 2018
Sterlite’s 4,00,000 tonne copper smelter, first proposed to be set up in Tuticorin in 1995, was rejected by three states - Gujarat, Goa and Maharashtra - before it was finally allowed to set up in Tamil Nadu
Amazon offers to pay employees to quit
24 May 2018
Tata Motors Q4 net down 50% at Rs2,176 crore
23 May 2018
Madras HC halts Sterlite’s expansion in Thoothukudi
23 May 2018
The stay order on the construction of Sterlite's copper smelter plant comes after locals complained of massive groundwater pollution in the area
SBI reports Rs7,718-cr net loss in Q4 as provisioning mounts
23 May 2018
The bank had to make higher provisions for bad loans, while it incurred losses on trading besides the mark-to-market losses due to a rise in bond yields
Amazon eyes Future Retail stake as Walmart pockets Flipkart
23 May 2018
Amazon, which lost out to Walmart in acquiring Flipkart, is reported to be in talks to acquire a 10-per cent stake in Future Retail Limited, the company which owns Big Bazaar and Easy Day
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.
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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