Industry
PMKSY to leverage Rs31,400 cr investment, benefit 2 mn farmers
27 Jun 2019
The scheme will handle 33.4 million tonnes of agro-produce valued at Rs1,04,125 crore, benefit 2 million farmers and generate 5,30,500 direct/ indirect employment by the year 2019-20
Number of US states opposing T-Mobile-Sprint merger rises to 14
26 Jun 2019
US District Judge Victor Marrero noted that while the complaint, filed by attorneys who are Democrats, maintains that aggressive competition have resulted in “falling prices,” they also state the companies’ ability to signal each other on rates “has led to higher prices for consumers”
Binny Bansal sells 0.33% in Flipkart to Walmart for $76.4 million
24 Jun 2019
Binny Bansal, who had earlier also sold a small portion of his residual stake in Flipkart, owned 3.52 per cent stake in Flipkart before the latest sale of 5,39,912 shares to Walmart
Govt warns TV channels against inappropriate representation of children in dance-based reality shows
19 Jun 2019
ESA’s Jupter Icy Moons Explorer set for mid-2022 launch
18 Jun 2019
The 6-tonne satellite will first be placed in an Earth escape orbit in a direction to Jupiter before starting a journey of 600 million kilometres that will take 7.5-years, and the spacecraft will finally enter orbit around the giant planet in October 2029
Govt reduces ESI contribution rate from 6.5% to 4%
14 Jun 2019
The move will benefit as many as 1.29 million employers and 36 million employees while also allowing to extent the scheme to more establishments
Saudi Aramco’s 2018 net income zooms to $111.07 billion
12 Jun 2019
Saudi Aramco, the world’s largest integrated oil and gas company producing one in every eight barrels of crude oil globally, said its earnings before interest, taxes, depreciation and amortisation for the year stood at SAR 839 billion ($224 billion) while its return on average capital employed stood at 41 per cent
Urban Ladder to lay off 40% of its workforce
11 Jun 2019
Ferry service to connect India and Maldives
10 Jun 2019
Hotel aggregator RateGain launches frictionless distribution platform `Smart Distribution’
07 Jun 2019
NMDC’s Q4 net profit vaults 31% to Rs1,454 cr
30 May 2019
International Paper to sell its India business to West Coast Paper
30 May 2019
Depending on the open offer, WCPM will acquire 51-60 per cent of APPM’s shares at Rs275 per share from IP for a total of around Rs660 crore
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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