Firms/companies
World Bank fears a possible rerun of the 1970s ‘stagflation’
09 Jun 2022
Stagflation is a situation when high prices – mostly of oil and food - cause high inflation worldwide even as economies dependent on imports face recession
RBI hikes repo rate by 50 bps to 4.90% as inflation starts to bite
08 Jun 2022
RBI said it would remain focused on withdrawal of an accommodative monetary policy to ensure that inflation remains within the target going forward, while supporting growth
Tata Motors signs MoU to acquire Ford India’s Sanand plant
31 May 2022
“This potential transaction will support expansion of capacity, thus securing future growth and opportunity to further strengthen Tata Motor’s position in the passenger and electric vehicles space”
Hindalco’s Q4 net profit jumps 100% to Rs3,850 crore
31 May 2022
Consolidated net profit of Hindalco vaulted nearly 300 per cent to Rs13,730 crore from Rs3,483 crore reported in the financial year 2020-21
ITC Q4 net profit rises 11.8% to Rs4,191 crore as revenue soars
19 May 2022
ITC said its before-tax profit for fiscal 2021-22 grew 15.5 per cent to Rs19,829.53 crore and EBITDA increased by 22 per cent to Rs18,933.66 crore, while gross revenue for the year increased by 22.7 per cent to Rs59,101.09 crore
Adani seals $10.5 bn deal for Holcim’s cements business in India
16 May 2022
Adani Group acquired 63.19 per cent of Holcim’s two cement units in India Ambuja Cements Ltd and its subsidiary ACC in fierce bidding with local rivals
L&T Infotech, Mindtree merge to form a $17.7 bn tech company
09 May 2022
Larsen & Toubro Limited will hold 68.73 per cent of the merged LTI, even as the companies will continue to function independently for now
Tata Motors launches all-electric small commercial vehicle Ace
09 May 2022
Tata Motors has also announced the signing of memoranda of understanding (MoU) with Amazon, BigBasket, City Link, DOT, Flipkart, LetsTransport, MoEVing and Yelo EV to deliver 39,000 Ace EVs
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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