Industry
Switzerland's Dufry to buy majority stake in World Duty Free for $3.8 bn
30 Mar 2015
Switzerland's duty-free shop operator Dufry AG has agreed to buy a 50.1 per cent majority stake in smaller Italian rival World Duty Free S.p.A, controlled by the Benetton family, aiming to create the world’s biggest travel retailer
IAEA slams India's lax nuclear safety regulations
27 Mar 2015
The UN nuclear watchdog wanted India to promulgate a national policy and strategy for nuclear safety, and radioactive waste management, even as it noted that India’s Atomic Energy Regulatory Board lacked independence and internal emergency arrangements
Govt to invest $10 bn in semiconductor units in Gujarat, UP
27 Mar 2015
Jaiprakash Associates and Hindustan Semiconductor Manufacturing have teamed up with the likes of IBM, TowerJazz and STMicroelectronics to set up electronic chip manufacturing units in Greater Noida in UP and Gandhinagar in Gujarat
India to make unusual 9% cut in gas prices from 1 April
27 Mar 2015
Meant to reflect falling global prices, the move to cut LNG prices would benefit power producers and domestic consumers, but may hurt upstream producers like ONGC
India to make unusual 9% cut in gas prices from 1 April
27 Mar 2015
Meant to reflect falling global prices, the move to cut LNG prices would benefit power producers and domestic consumers, but may hurt upstream producers like ONGC
Jaslok docs perform twin path-breaking brain surgeries
26 Mar 2015
In twin path-breaking surgeries at Jaslok Hospital in Mumbai last week, neurosurgeons successfully implanted the most advanced Deep Brain Stimulation (DBS) system in two patients suffering from Parkinson's disease and dystonia
Telecom spectrum auction ends; govt mops up record Rs1,10,000-cr
25 Mar 2015
Since the successful bidders have to make upfront payment of 25-33 per cent of the final sale price, the government would immediately garner nearly Rs25,000 crore from the current round of spectrum auction
Telefonica seals deal to sell British mobile unit O2 to Hutchison for $15.3 bn
25 Mar 2015
Spanish telecom giant Telefonica SA yesterday said that it has finalised a deal to sell its British mobile unit O2 to Hong Kong billionaire Li-Ka Shing's Hutchison Whampoa
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Featured articles
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
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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