Firms/companies
RInfra issues Rs5,440-cr ‘breach of warranties’ notice to Pipavav Defence
06 Mar 2018
It is not yet clear what ‘breach of warranty’ Reliance Infrastructure is claiming against the promoters of Pipavav Defence and Engineering, but the Rs5,440-crore claim is double the amount it paid to acquire a stake in Pipavav Defence in 2015
Will dump Ruia if it interferes with Essar Steel bid: Numetal
05 Mar 2018
The consortium led by VTB Capital said it is prepared to drop Rewant Ruia as a minority shareholder if the government decides it is against the rules to allow promoters a backdoor entry into sick units. Senior VTB official Makram Addoud also said ArcelorMittal’s bid is illegal and it is acting as a ‘spoiler’
New study from MIT reveals 74 per cent of rideshare drivers making less than minimum wage
03 Mar 2018
Jaguar reveals stand-alone electric SUV
03 Mar 2018
P&G joins Unilever to cut digital ad spends, return to basics
03 Mar 2018
Procter & Gamble Co cut digital advertising spend by $200 million in 2017, transferring this amount to traditional media like TV and audio, as consumer goods firms become suspicious of ‘walled gardens’ like Google and YouTube
ArcelorMittal forms JV with Nippon Steel to acquire Essar Steel
03 Mar 2018
ArcelorMittal has signed a joint venture agreement with Nippon Steel and Sumitomo Metal Corporation (NSSMC) to bid for Essar Steel India Limited, which is being auctioned by its creditors
Musk’s Tesla may have carried largest load of bacteria into space
03 Mar 2018
Scientists say NASA understands the danger of land-borne bacteria falling on other planets and therefore ensures that all it spacecraft sent to the Moon or Mars, are processed and sterilised, unlike Musk's Tesla Roadster, which was launched by the Space Explorer in February
Tata Boeing Aerospace opens Apache fuselage facility in Hyderabad
01 Mar 2018
The Hyderabad facility will be sole producer of AH-64 Apache helicopter fuselages delivered by Boeing to its global customers, including the US Army
Airtel’s Mittal vows to challenge Trai pricing order in court
01 Mar 2018
With Sunil Mittal’s statement, it seems clear that the incumbent operators will individually challenge the TRAI order on predatory pricing while the COAI will also challenge it as an industry association
State Bank of India hikes deposit rates by 0.75%
01 Mar 2018
With no turnaround prospects, Aircel files for bankruptcy
01 Mar 2018
India’s last small teleco, Aircel said it had filed for bankruptcy as it "could not reach consensus with lenders and shareholders in respect to restructuring of its debt and funding"
Idea to start VoLTE services from 1 March
01 Mar 2018
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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