Industry
Birla Corp to buy two cement plants in eastern India from LafargeHolcim for Rs5,000 cr
18 Aug 2015
The mega deal requires approval from regulators in around 17 countries, and the two companies would have to sell assets worth more than $11 billion to comply with competition concerns
Baxalta wants Shire to raise its $30 billion bid before talks
14 Aug 2015
Baxalta wants Shire to sweeten its $30-billion bid before it engages in talks with the Dublin-based pharmaceutical major
Rising US stocks push crude prices to a fresh 6-year low of $42 a barrel
14 Aug 2015
Crude oil prices, which have been in a tailspin over the past 14 months amidst rising US production of shale oil and OPEC’s unwillingness to cut back on production, have led to a supply surge
Chinese steel exporters slash prices post devaluation as India hikes duty
13 Aug 2015
Steel mills in China’s top steel producing city, Tangshan, now exports semi-finished steel products at around $295 per tonne, less than half the price Indian steel mills
Kraft Heinz to axe 2,500 jobs in North America
13 Aug 2015
Sales of Kraft fell 4.9 per cent to $4.52 billion due to weaker demand while Heinz revenue was down 4.1 per cent at $2.62 billion on account of strong dollar
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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