Fields of Dreams: Sugarcane plantations next to Amyris’s Paraíso plant near São Paulo | Photo by Ian Allen The climb up the steel steps is dizzying–like ascending the tower of a European church, except the steps lead to a platform bolted to the side of a gleaming new chemical plant. Here in Brazil, under a brilliant blue sky, Eduardo Loosli, the plant manager, pauses to explain a vision of the future. “I used to manage a Molson Coors beer manufacturing plant, and it’s not all that different,” he says, leaning on a railing and surveying the scene around us. Directly below is a cityscape of huge stainless-steel tanks. Out beyond the tanks, and stretching far into the distance, are dense greenfields of sugarcane. advertisement advertisement Yeast turns grain into beer, Loosli says. Here, in this new plant, genetically engineered yeast created by the plant’s owners–the California biotech company known as Amyris–turns … [Read more...] about The Rise And Fall Of The Company That Was Going To Have Us All Using Biofuels
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Benchmark indices have turned red with Nifty shedding 9 points and is trading at 11,936 while the Sensex is down 53 points and is trading at 39,778 mark.In Modi 2.0 cabinet, Nirmala Sitaraman has been given the responsibility of the Finance Ministry and has become the first female to assume the role after Indira Gandhi.Bank Nifty is down over half a percent dragged by YES Bank, Bank of Baroda, IDFC First Bank, Kotak Mahindra Bank, Punjab National Bank and ICICI Bank.Close From the PSU banking space, the top losers are Union Bank of India, Bank of India, Indian Bank, Bank of Baroda and Central Bank of India. related news Trade Setup for Monday: Top 15 things to know before Opening Bell 'Nifty may move towards 12,200 in coming days; bet on these 3 stocks for double-digit returns' Heads up! There are a few warning signals and one should remain cautious on market The top losers from the metal space are JSPL, Hindustan Copper, SAIL, JSW Steel and … [Read more...] about D-Street Buzz: Banking index in red dragged by YES Bank, Union Bank; VIX jumps
In this special episode of Moneycontrol's Tech Mate podcast, Corporate Bureau Chief Prince Thomas talks to Tarun Bhatia, MD and Head of South Asia for Business Intelligence and Investigations at Kroll, to understand the motive behind people committing fraud.One of the primary reasons in India, according to Bhatia, is the dissatisfaction of employee at the workplace, and how he/she is treated by a manager, or peer.Close There are several other factors such as greed and position of power that motivate fraud in companies, and some even commit a fraud without really intending to do it. related news The Market Podcast | Red flags on D-Street; investors getting into risk aversion mode Corporate Buzz podcast | Birla warns Vodafone Idea may shut; relief for Yes Bank; auto sales and more Taking Stock: RBI shock hits D-St for second day; Nifty holds 11,900 Tune in to this episode of this special Tech Mate podcast to find out more.You can listen to the previous episode … [Read more...] about MC Special podcast | Greed, revenge or power play: What is the motive behind frauds?
As a certain musical once taught us, 525,600 minutes is but one of many ways to measure a year. Another is with newsworthy events, and according to one just-released massive illustration, 2015 was 143 happenings long. advertisement It’s the time of year for looking back, and the team at digital agency Beutler Ink have a specific way of doing so. Each year, they commission an illustration from a different artist that captures the most memorable things that occurred over the previous 12 months. It’s like a Where’s Waldo? poster except you’re trying to locate #TheDress and that a-hole dentist who shot Cecil The Lion. For this year’s rendition, artist Luke McGarry cartoonized 143 moments from of sobering news, frivolous pop culture, internet memes and everything in between. According to Beutler Ink’s blog post, the team began gathering ideas for this year’s poster in a shared Google Doc almost immediately after last year’s went up. (One … [Read more...] about How Many of the 143 Events From 2015 Captured In This Illustration Can You Spot?
Benchmark indices have turned red once again in the last hour of trade on July 30 with Sensex shedding 144 points at 37,542 while the Nifty50 is down 55 points at 11,134.Nifty PSU Bank tanked over 4 percent dragged by Indian Bank, Bank of Baroda, Bank of India, Punjab National Bank, State Bank of India, IDBI Bank, Syndicate Bank, OBC and Union Bank of India.Midcap stocks are also trading in the red with S&P BSE MidCap index down over a percent. The top losers are NBCC, RBL Bank, Indian Bank, IDBI Bank, Reliance Power, KIOCL and Supreme Industries.Close The top losers from the smallcap space included Coffee Day which tanked 20 percent hitting lower circuit followed by SICAL, Elecon Engineering, Jain Irrigation Systems, Marksans Pharma and Praj Industries. related news D-Street Buzz: Banks bleed led by YES Bank, RBL Bank, SBI; Omaxe tanks 20% Shakti Pumps shares fall 3% after CARE revises credit rating Andhra Bank share price falls 3% after RBI imposes Rs 25 … [Read more...] about D-Street Buzz: Over 500 stocks hit 52-week low on BSE including RBL Bank, Hero Moto; VIX jumps