Firms/companies
HDFC Bank Q4 net vaults over 10% to Rs10,055 cr
18 Apr 2022
Net interest income (NII) of Rs18,872.70 crore, for the quarter ended 31 March 2022, was up 10.24 per cent year-on-year and up 2.3 per cent sequentially
Holcim weighs sale of cement business in India: report
15 Apr 2022
Holcim Group, which has recently been selling off its non-core assets, in order to reduce debt and diversify through acquisitions, sold off its Brazilian unit for $1 billion in September last year, and is reported to be in talks to divest its business in Zimbabwe
Elon Musk makes $43 billion hostile bid for Twitter
14 Apr 2022
Musk, Twitter's biggest shareholder, said that Twitter has the potential to be the platform for free speech around the globe, which is a societal imperative for a functioning democracy, adding that it “will neither thrive nor serve societal imperative in its current form - Twitter needs to be transformed as a private company”
TCS Q4 net profit zooms to Rs9,926 cr, revenue at Rs50,591 cr
12 Apr 2022
TCS closed fiscal 2022 with annual revenue of Rs1,91,754 crore (more than $25 billion) for the first time - a growth of 16.8 per cent
JNPA handles record 5.68m TEUs in FY 2021-22
12 Apr 2022
RBI keeps repo rate unchanged, launches SDF to absorb excess liquidity
09 Apr 2022
Simultaneously, RBI announced the activation of the Standing Deposit Facility (SDF), which will help the central bank absorb liquidity (deposits) from commercial banks without giving government securities in return to the banks
Tata Group launches superapp Tata Neu
09 Apr 2022
Tata Neu integrates all of Tata group’s most trusted brands into a single super app, offering exclusive privileges and benefits across categories
Tata Motors, Mahindra to partner in joint EV project called REVO
06 Apr 2022
M&M will take up the designing job while Tata Motors will be providing engineering and proof-of-concept services, as per reports
Jio’s new subsea cable system IAX to connect the Maldives directly to India and Singapore
10 Mar 2022
Google to acquire cyber security leader Mandiant for $5.4 billion
09 Mar 2022
With the addition of Mandiant, a recognised leader in strategic security advisory and incident response services, Google Cloud will enhance its offerings to deliver an end-to-end security operations suite with even greater capabilities
Microsoft to invest Rs15,000 cr to set up data centre region in Hyderabad
09 Mar 2022
Microsoft data centre regions in India - across Pune, Mumbai, and Chennai – have contributed $9.5 billion revenue to the economy between 2016 and 2020 and created an estimated 1.5 million jobs, including 169,000 new skilled IT jobs, according to an IDC report
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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