Industry
Govt’s petro sector revenues up 79% at Rs595,438-cr in 4 years
16 Jul 2019
The combined profits of the three PSU oil companies increased by nearly 30 per cent to Rs30,055 crore in 2018-19, from 13,091 crore in 2014-15
Barrick JV wins $5.95 bn arbitration award against Pakistan
15 Jul 2019
The Reko Diq mining project of Tethyan Copper Company (TCC) - a joint venture between Chilean mining company Antofagasta and Canada's Barrick Gold Corporation – was stopped midway, in November 2011, when the Balochistan government summarily rejected the application by the TCC's local operating subsidiary for a mining lease
McDermott wins $4.5 billion EPCI contracts from Saudi Aramco
12 Jul 2019
The contracts involve construction of a gas-oil separation platform, compression and accommodation facilities, in a consortium with China Offshore Oil Engineering Company, worth $3.0 billion, and construction of offshore gas facilities and pipelines worth $1.5 billion
EESL’s super-efficient ACs offer better cooling at 40% lower energy cost
09 Jul 2019
The air-conditioner, priced at Rs41,300 (inclusive of GST) in Delhi, promises saving of about 300 units or Rs2,400 on an average over a 12-month period, and up to 500 units or Rs4,000 per year compared to a three-star AC
Govt weighing Rs74,000-cr bailout for BSNL, MTNL: report
03 Jul 2019
While shutting down the PSUs will cost as much as Rs1.2 lakh crore, the department of telecom said that strategic disinvestment may not find any takers and that it may consider possibilities of a joint venture
Norway’s Hurtigruten launches first battery-powered cruise ship
02 Jul 2019
Hybrid technology, combined with the advanced construction of the hull and effective use of electricity on board will help reduce fuel consumption and CO2-emissions on the ships by 20 per cent
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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