Madan Mohan Malaviya

WEEKEND SPECIAL »

Bharat Ratna & friction in Malaviya's family


The Bharat Ratna conferred on Madan Mohan Malaviya has exposed the frictions within his family

FINANCE »

43% of India's bank accounts lying dormant: World Bank


There was a significant rise in number of bank accounts held by Indians last year but a large chunk of these saw no transaction, shows a World ...

ECONOMY AND POLICY »

India ranks below Bhutan & Sri Lanka in broadband penetration: TRAI


In the wireless or mobile broadband segment, India is ranked at 113

COMPANIES »

Broadcaster makes merry as IPL viewership soars 42%


For the first five matches, the average time spent per viewer has increased 22% year-on-year

CURRENT AFFAIRS »

Internet.Org can co-exist with Net Neutrality: Zuckerberg


He also said that internet.org will never create 'fast lanes' for a select few by throttling the other services

AROUND THE GLOBE »

Apple's Tim Cook is a steal at $65 mn in pay


During the three fiscals he has run Apple, revenue climbed 69% to $183 billion and net income grew 53% to $39.5 billion

MARKETS »

Markets snap two week winning streak; defensives weigh


The 30-share Sensex dropped 1.5% and the 50-share Nifty 2% lower

OPINION »

COLUMNIST »


T N Ninan: Don't subsidise, build

Rs 6,000 cr given by way of tax breaks can be used to build more public hospitals rather than subsidising corporate hospitals

Deepak Lal: Thinking about an Iranian bomb

The sanctions that have brought Iran to the negotiating table should not be removed until a better deal is negotiated

LUNCH WITH BS »


Arne Sorenson

Arne Sorenson: Asset-zero strategy

Sorenson, president & CEO, Marriott International, explains why his partners are willing to shell out 3% of sales and 8-10% of profits


BS Poll

Will the govt's stance on the Rs 40,000 crore tax demand on FIIs adversely affect the markets?

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Derivatives

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Columnists

Don't subsidise, build
T N Ninan

Rs 6,000 cr given by way of tax breaks can be used to build more public hospitals rather than subsidising corporate hospitals

Thinking about an
Iranian bomb

Deepak Lal

The sanctions that have brought Iran to the negotiating table should not be removed until a better deal is negotiated

Worth every pound and
penny?

Sunanda K Datta-Ray

Just like issue standing in way of proposed acquisition of 99p Stores by Poundland, Ed Miliband-David Cameron divide is slight but significant

Consumer politics comes
to the internet

T C A Srinivasa-Raghavan

In purely economic and legal terms, net neutrality is a flawed idea. Its politics is based on user greed

BLOGS


Can getting an ATM PIN cost you Rs 300? It's possible!

It can if your debit card belongs to a PSU bank

DTH pricing teaches us why net neutrality is important

Rising DTH prices serves a grim reminder why the government should prevent business interests from spoiling the net neutrality party

Weekend Columnists

Rahul's Eat, Pray, Love moment
Malavika Sangghvi

One man's vacation is another man's enigma

Swirl, sniff, sip and savour
Alok Chandra

Argentina is the world's sixth largest wine producer, yet there are precious few Argentine wines available here

Financial X-ray

Refining drives RIL's Q4 performance

GRMs at $10.1/bbl beat Street estimates; FY16 to yield more gains from capacity expansion

Lupin's loss is Aurobindo's gain

The surprise approval of Lupin's Suprax suspension generics to Aurobindo is positive for the latter

BOOK REVIEWS

A megacity and its masses

The book under review adds to our understanding of the most deprived sections of Delhi’s underclass, the basti or slum dwellers

Olaf Storbeck

Dangerous prudence
Olaf Storbeck


Fat fiscal surplus will eventually weaken Germany

Antony Currie & Daniel Indiviglio

Partial reward
Antony Currie & Daniel Indiviglio


Citi finally flirts with financial respectability

CompaniesRss icon

NMDC cuts iron ore prices by Rs 200-500 per tonne

Reduction is Rs 200 a tonne for lumps and Rs 500 a tonne for fines

Airtel reaches out to its users on net neutrality issue

Firm says its Airtel Zero platform's image has been tarnished, asserts it is committed to maintaining neutrality

Margins will remain squeezed as steel prices fall: T V Narendran

Q&A with Managing Director, Tata Steel-India and South East Asia


IndusInd Bank to beef up infra lending

To form project finance unit, will focus on renewable energy, port, roads

YES Bank launches RuPay debit card

It is a domestic debit card and will be accepted at over 190,000 ATMs and one million point of sale (PoS) terminals in the country

MFs shuffle portfolios; ITC, TCS & ONGC out of top picks

HDFC Bank pips ICICI Bank, emerges as most sought after stock


Airtel reaches out to its users on net neutrality issue

Firm says its Airtel Zero platform's image has been tarnished, asserts it is committed to maintaining neutrality

Airtel defends 'Zero'; MakeMyTrip comes out to support net neutrality

Bharti Airtel on April 6 had launched 'Airtel Zero' platform, where companies, including startups, can offer apps for free

MFs shuffle portfolios; ITC, TCS & ONGC out of top picks

HDFC Bank pips ICICI Bank, emerges as most sought after stock


TCS says bonus payout not to hit cash flow

The company says the idea behind the bonus payout is to allow the 250,000 employees to use it the way they want to

You run several races, then you lose one: N Chandrasekaran

Interview with MD & CEO, TCS

TCS sued by ex-US employee

Former US employee Steven Heldt accuses the firm of discriminating against individuals who are not South Asians in hiring and job placement


Temasek to invest $150 mn in Glenmark Pharma

The Glenmark management decides to issue up to 10.8 mn shares to Aranda, a wholly-owned indirect arm of Temasek Holdings

Lupin's loss is Aurobindo's gain

The surprise approval of Lupin's Suprax suspension generics to Aurobindo is positive for the latter

Glenmark to raise Rs 945 cr from Temasek Holdings

The company is issuing upto 1.08 crore shares of Re 1 each for cash to Aranda Investments (Mauritius), a wholly-owned indirect subsidiary of ...


Volkswagen set to invest Rs 1,500 cr in India hub

Plans to raise output to 200,000 units by 2018

EBR closure wont impact our plans: Hero

Says most of the projects it was working on with EBR completed or nearing completion

Hero's US-based partner files for bankruptcy

Hero MotoCorp's stocks fell over 1% as Erik Buell Racing, in which it had invested $25 mn, ceased its operations


Golden Tulip opens hotel in Delhi NCR

The hospitality group now has 17 running properties all over the country and three new four- and five-star ones opening this year

Air India flight may get less bumpy

Operating losses for 2014-15 likely to climb a bit: Sources

Ola raises $400 mn; eyes growth in tier II & III cities

Firm intends to use the funds to expand to 200 cities from 100 by year-end, and ramp up its technology base


Rollatainers surges on board nod for stock split

The board approved stock split of face value Rs 10/- each into five shares of face value Rs 2/-each

S Kumars plans to move court to stall shareholders' EGM

In an unprecedented move, a group of shareholders having 21% share in the company, has called for the EGM on April 27

Cement prices slip below Rs 300 per 50 kg bag

Barring south, all markets see decline; west sees steepest fall


Tasty Bite Eatables zooms 20% on open offer by parent

Tasty Bite's US parent and Kagome, Japan have made an open offer to acquire 25.78% of the company

Deepak Fertilisers gains on stake sale in MCFL

The company sold over 14 million shares of MCFL via bulk deals on the BSE and NSE

Wagh Bakri to double spend on ad campaign to boost sales

Company aims to expand presence in North India to boost sales, after exports slacken on downturn in Russia, CIS


CBI files charge sheet against Deccan Chronicle promoters

This pertains to a case filed in February, 2013, against the promoters for criminal conspiracy, cheating and forgery, based on a complaint filed ...

Lower court grants bail to Deccan Chronicle promoters

Judge orders each of the accused to furnish Rs 5 lakh security and two sureties

Hyderabad HC rejects bail to Deccan Chronicle promoters

DCHL chairman T Venkattram Reddy and managing director T Vinayak Ravi Reddy, accused in a loan fraud case, are in a local jail for the past 2 ...


After revenues, Reliance Retail is now biggest in categories too

The company added 930 stores and 0.9 million square feet of operating space in the year across sectors

CRISIL falls from record high on weak March quarter results

The stock down 8% to Rs 2,165 on the NSE after reporting 18% yoy drop in profit at Rs 56 crore in March 2015 quarter.

Govt to divest 15% stake in MMTC

Govt currently holds 89.93% in the trading giant; stake sale will help firm meet Sebi's minimum public shareholding norm


Technology Rss icon

Strong turnout as shoppers get to try Apple Watch

Consumers flocked to Apple Inc's stores around the world on Friday to get the first ...

TV tale: A 4K duet

A look at 2 devices that provide very high-resolution pictures

Stars stumble at times

A look at two tablets that made waves yet disappoint

Beyond Business Rss icon

What driving in the city can do to your health

The travails of driving in the city and how to deal with them

Hindu divided family

The Bharat Ratna conferred on Madan Mohan Malaviya has exposed the frictions within his family

Commodities

Commodity
Price(Rs)
Change
(%)

26810.00
+165
+0.62

3486.00
-73
-2.05

36436.00
-51
-0.14

384.05
+1.05
+0.27

164.80
-2.1
-1.26

FEATURES

In Depth Rss icon

Why banks now have more officers and fewer clerks

It is to keep labour unions away and make the employees feel important

Mahindra readies comeback plan

The company is betting on its proposed petrol-powered compact SUV, but rivals too are working at a furious pace on similar cars

Start-ups

Click online for health care records

Health care technology company Practo aims to make its presence felt in 100 cities, innovating to stay ahead in the fragmented sector

Brand World Rss icon

Scarecrow makes it to world's top independent agency list

Compiled by thenetworkone, a global body of independent agencies, and Campaign UK, a noted ad magazine, the list lends bragging rights

Women score high in sports endorsements

Sania Mirza's mix of on-field performance and off-field persona has put her in the league of male cricketers like Rohit Sharma and Shikhar

Lunch with BS Rss icon

Lunch with BS: Rajiv Pratap Rudy

A trained commercial pilot and a qualified lawyer, Rudy tells Surabhi Agarwal and Rahul Jacob what it would take to bridge the skill gap in