Stock markets - world
Has Warren Buffet written the requiem for retail stores?
22 Feb 2017
Warren Buffett's Berkshire Hathaway recently sold $900 million of Walmart stock, leaving Buffet with nearly no shares in the brick-and-mortar retailer, even as he sings the praises of thriving online rival Amazon. By Jagdeep Worah
S&P 500 tops $20 tn in market value on Trump tax cut bets
14 Feb 2017
US equity indexes were boosted to record highs on expectations that President Donald Trump will soon announce major tax cuts, and also because fundamentals around the world are getting better
Apple tops Samsung in Q4 phone sales; Oppo, Vivo catching up
04 Feb 2017
Apple Inc has won the crucial 2016 holiday quarter as the iPhone 7 helped the company beat nearest rival Samsung in smartphone sales, according to data from IDC
Reliance planning $2.5 bn overseas debt issue to fund Jio expansion
23 Jan 2017
Reliance Jio Infocomm Ltd is planning to issue rights shares to raise resources for a planned Rs30,000 crore (about $4.4 billion) network expansion to boost coverage and increase capacity
Toshiba books loss on its US nuclear operations
27 Dec 2016
Chinese bourses set to acquire 40% in Pakistan Stock Exchange
23 Dec 2016
The consortium of buyers include China Financial Futures Exchange Company, the Shanghai Stock Exchange and the Shenzhen Stock Exchange besides local FIs Pak-China Investment Company and Habib Bank
Italy plans $21-bn bailout of banks as investors snub Paschi
23 Dec 2016
Under the recapitalisation plan, a major part of the holdings of these banks’ government bonds will be converted to equity, in what would be a partial nationalisation
Apple grabs 91% share of all smartphone profits globally
23 Nov 2016
According to a top analyst, Apple continues to generate monster profits due to its ability to maximize pricing and minimize production cost, leaving its closest rivals – all Chinese firms - a long way behind
Mark Zuckerberg sells $95 mn in Facebook stock
22 Nov 2016
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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