NEWS
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Adani Group in talks to acquire Heidelberg Cement India: report
10 Oct 2024
The Adani Group is reported to be in talks to acquire Heidelberg Cement India Limited, the German group’s Indian cement operations, which has a current valuation of about $1.2 billion.
RBI keeps policy repo rate unchanged at 6.5% with focus on inflation
10 Oct 2024
The Monetary Policy Committee (MPC) of the Reserve Bank of India, at its meeting on Wednesday, decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent.
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Chevron Canada to sell assets to Canadian Natural Resources for $6.5 bn
10 Oct 2024
US multinational oil and energy group Chevron Corporation on Tuesday announced plans to sell its Canadian assets in the Athabasca oil sands and Duvernay shale formation to Canadian Natural Resources
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Ratan Tata is no more
10 Oct 2024
Tata Group Chairman Emeritus Ratan Tata breathed his last at Mumbai's Breach Candy Hospital late on Wednesday. He was 86, and a bachelor.
Rio Tinto to acquire Arcadium Lithium for $6.7 billion
10 Oct 2024
Rio Tinto, the world’s second-largest metals and mining group, has agreed to acquire smaller peer Arcadium Lithium for $5.85 per share, valuing the company at $6.7 billion, in an all-cash transaction.
Hyundai Motor India fixes price band for its Rs27,870-cr IPO at Rs1,865-1,960 per share
09 Oct 2024
Hyundai Motor India has set a price band of Rs1,865-1,960 per share of Rs10 face value for its IPO, which is considered as India’s biggest, so far, by any company.
Tata Technologies and BMW Group launch 50:50 joint venture for autonomous car solutions
09 Oct 2024
Tata Technologies has pooled its product engineering and digital services capabilities with the automotive manufacturing strengths of Germany’s BMW Group
US, Canadian researchers awarded Physics Nobel for laying foundation for machine learning
09 Oct 2024
John J Hopfield of Princeton University, New Jersey, USA and Geoffrey E Hinton from University of Toronto, Canada are the winners of the 2024 Nobel Prize for Physics.
Honda overtakes Hero in two-wheeler sales in September
08 Oct 2024
Japanese auto major Honda managed to overtake former partner and arch rival Hero MotoCoro in monthly sales in September 2024 for the first time
Victor Ambros and Gary Ruvkun of US win Medicine Nobel for discovery of microRNA
08 Oct 2024
Victor Ambros, a professor at the Harvard Medical School and Gary Ruvkun, an investigator with Massachusetts General Hospital, jointly won the 2024 Nobel Prize in Physiology or Medicine.
Rio Tinto moots acquisition of Arcadium Lithium
07 Oct 2024
British-Australian mining giant Rio Tinto has proposed to acquire lithium miner Arcadium Lithium regarding a potential acquisition of the global supplier of lithium chemical.
Thyssenkrupp loses appeal against EC veto on Tata Steel joint venture
07 Oct 2024
Thyssenkrupp has lost its fight against an anti-trust ruling by European Commission on its proposal for a joint venture with Tata Steel Europe
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