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Hyundai has appointed bankers for the initial public offering which could be India’s biggest ever, and the company’s first listing outside South Korea. File | Photo Credit: PTI Hyundai Motor’s planned $3 billion IPO in India will help the carmaker score two goals in one go: expand in one of the world’s fastest growing markets…
Read More “Hyundai seeks expansion, higher valuation with India IPO” »
At the interbank foreign exchange, Rupee unit opened at 83.11 against the greenback. | Photo Credit: The Hindu The Rupee appreciated five paise to close at 83.03 (provisional) against the U.S. dollar on February 14, tracking positive domestic equities. Forex traders said strength of the American currency in the overseas market and elevated crude oil…
Read More “Rupee rises five paise to close at 83.03 against U.S. dollar” »
At the previous edition of Science at the Sabha | Photo Credit: Special Arrangement All through the year, the campus of Institute of Mathematical Sciences (IMSc) in Chennai’s Taramani sees young school-going students attempting to improve their scientific acumen by trying their hand at experiments. However, this is usually never enough. The lot is uncontained…
Read More “In Chennai, solve a puzzle and learn about astronomy as Science at the Sabha returns” »
File. | Photo Credit: Vivek Bendre Equity benchmark indices Sensex and Nifty bounced back from early lows to close higher on February 14, helped by fag-end buying in energy, metal and utility stocks amid a mixed trend in global equities. Rising for the second straight session, the 30-share BSE Sensex climbed 267.64 points or 0.37%…
Read More “Markets extend gains on fag-end buying; SBI, Reliance shine” »
Electricity prices rose 3.3% in January as compared to December 2023 levels. | Photo Credit: K Ananthan India’s wholesale price inflation moderated to 0.27% in January from 0.73% in December, with manufactured products prices dropping 1.1% year-on-year and the price rise in primary articles and food items easing to around 3.8% from over 5% in…
Read More “In January, wholesale prices rose at three-month low pace of 0.27%” »
Nasa’s space shuttle operated in low-Earth orbit for 30 years before its retirement in 2011. However, the US space agency’s replacement for this vehicle, Orion, returned to the conical capsule design familiar from the Apollo missions. This was because Nasa intended that this newer craft be used for exploring targets in deep space, such as the Moon….
Read More “Spaceflight is reckoning anew with new generation of ‘space planes’”” »
Chief Aircraft Acquisition and Financing Officer of IndiGo said the new aircraft will be instrumental in supporting the company’s expansion plans and strengthening our position in both domestic and international markets. | Photo Credit: The Hindu Singapore-headquartered BOC Aviation Limited on February 14 said it has entered into a finance lease transaction with InterGlobe Aviation…
Read More “IndiGo signs pact with BOC Aviation for four Airbus A320NEO aircraft” »
Spiral galaxy NGC 1512, located 30 million light-years away from Earth, is seen in an undated image from the James Webb Space Telescope. Image for Representation. | Photo Credit: Reuters Questions: 1. Scientists believe the star V886 Centauri is composed mainly of carbon and oxygen, has a hydrogen atmosphere, and a dense crystal core. And…
Read More “The Science Quiz | The unusual star V886 Centauri” »
As many as 27 scrips in the Sensex index declined. Infosys, Tech Mahindra, Wipro, HDFC Bank and TCS were among the major losers in the early trade. | Photo Credit: Reuters Equity benchmark indices plummeted in early trade on February 14 and Sensex slumped more than 675 points tracking negative cues in the global market…
Read More “Stock market slides in early trade; Sensex slumps more than 675 points” »
Researchers update the composition of influenza vaccines every six months to match the strains of the virus that are circulating in the wild, so that the shots may provide protective immunity against the flu. But despite their best efforts, researchers rarely perfectly match the strains loaded in the vaccine with the strains circulating by the time…
Read More “Does frequently updating COVID-19 vaccines have any benefits? | Explained” »