Industry
![Astronomers capture first image of a black hole Astronomers capture first image of a black hole](/industry/Aerospace/images/black_hole_apr_sm_domain-b.jpg)
Astronomers capture first image of a black hole
10 Apr 2019
Joint efforts by the US National Science Foundation and Event Horizon Telescope helped make paradigm-shifting observations of the gargantuan black hole at the heart of distant galaxy Messier 87
![Saudi Aramco’s initial bond issue gets $100 billion order Saudi Aramco’s initial bond issue gets $100 billion order](/industry/oil_gas/images/saudi_aramco_mar_sm_domain-b.jpg)
Saudi Aramco’s initial bond issue gets $100 billion order
09 Apr 2019
While reports say the bond issue is intended to raise cash for Aramco’s $69.1 billion acquisition of Saudi Basic Industries Corporation, the Saudi oil giant with core earnings of $224 billion last year and $86 billion in free cash flow at the end of 2018, does not need to borrow
![BEL under scanner over Rs7,900-cr IACCS project: report BEL under scanner over Rs7,900-cr IACCS project: report](/industry/electronics_cons/images/bel_apr_sm_domain-b.jpg)
BEL under scanner over Rs7,900-cr IACCS project: report
02 Apr 2019
Reports citing an internal enquiry report by Bharat Electronics Ltd said the consultant, RD Konsultants, was paid Rs13.5 lakh to prepare the initial PPR but Rs15.94 crore for the DPR of all 10 Integrated Air Command and Control Systems and that the consultants’ status was wrongly verified by the chartered accountants
![Saudi Aramco to buy 70% stake in SABIC for $69 billion Saudi Aramco to buy 70% stake in SABIC for $69 billion](/industry/oil_gas/images/saudi_aramco_mar_sm_domain-b.jpg)
Saudi Aramco to buy 70% stake in SABIC for $69 billion
29 Mar 2019
The transaction, while helping to enhance Saudi Aramco’s downstream capacity and expanding the market for SABIC, will unlock significant capital for Saudi wealth fund PIF’s continued long-term investment strategy
![Pak army holds sway over Baluch’s giant copper and gold mine Pak army holds sway over Baluch’s giant copper and gold mine](/industry/Mining/images/gold_mine_mar_sm_domain-b.jpg)
Pak army holds sway over Baluch’s giant copper and gold mine
13 Mar 2019
Pakistan is looking to lease out the Reko Diq mine in Baluchisthan to Chinese or Saudi investors, after withholding lease rights to Canada’s Barrick Gold and Chile’s Antofagasta following a dispute
![J&J fined Rs74.5 lakh for its first faulty hip implant in India J&J fined Rs74.5 lakh for its first faulty hip implant in India](/industry/Healthcare/images/j_and_j_nov_sm_domain-b.jpg)
J&J fined Rs74.5 lakh for its first faulty hip implant in India
11 Mar 2019
Of the over 4,000 patients fitted with the Articular Surface Replacement (ASR) hip implant in India, just about 844 have been traced by the company till date
Featured articles
![](/Uploads/Images/thumb_733d509d-493c-41e9-b429-1260d912bb91-Aerogel-Crayon.jpg)
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!
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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.
![](/Uploads/Images/thumb_97943c9b-6e8f-429b-b355-1d4502bac437-Ponzi-Money.jpg)
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.
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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
![](/Uploads/Images/thumb_dc6b9dcc-e31e-4574-82e7-928e089406e0-Finger_millet.jpg)
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
![](/Uploads/Images/thumb_e37827da-fafd-4991-8635-60fade3df34c-ICM.jpg)
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
Business History Videos
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_61209e69-fdfb-493a-add7-afc253731af7-YouTube-thumbnail-Hovercraf.jpg)
History of hovercraft Part 3...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_f5cfed27-cd8d-4644-9c6b-d1f3f64fb558-YouTube-thumbnail-Hovercraf.jpg)
History of hovercraft Part 2...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_1510a271-632f-46ba-846b-a761ccffe903-History-of-Hovercraft.jpg)
History of Hovercraft Part 1...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_b54c323b-99c2-47ed-9df1-06452504c83a-YouTube-thumbnail-Indian-tr.jpg)