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Rajasthan Royals to take legal action against players

BCCI to make rules more stringent, will conduct internal inquiry on alleged spot-fixing

Li arrives; to hold talks with PM on boundary, water issues

Chinese Premier Li Keqiang was received by Minister of State for External Affairs E Ahamed and senior ministry officials including Foreign ...

Soon, your hand can be your smartphone

Using a special camera that combines high-speed vision and two rotational mirrors, developers have found a way to project a device's display or ...

DIPP wants relook of FDI policy in pharma at PM level

Despite the tightening of the policy, several global pharma companies are looking to buy stake in Indian firms

SAIL consortium may scale down initial capacity of Afghan plant

The consortium has public sector firms SAIL, RINL and NMDC holding a combined 56% stake

Emissions from telecom towers is central subject: COAI

The industry body claimed all cellphone operators in the country are in compliance with the revised set of guideline

Corporate Results Rss icon

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USL net up 5.6 times to Rs 56 cr

The USL board has recommended a dividend of Rs 2.5 per equity share for the year ended March

Have Your Say Rss icon




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Will the spot-fixing scam take the excitement out of IPL?

People Rss icon

Live Markets

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Company Price (Rs) Volume Chg (%)
A B B 660.15 624946 21.01
GTL Infra. 2.45 1610009 18.36
WABCO India 1604.75 7967 15.44
ALSTOM India 394.85 102940 14.07
JM Financial 26.70 12851571 13.38
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Company Price (Rs) Volume Chg (%)
Tata Tele. Mah. 8.10 1290588 -8.58
Tuni Text. Mills 15.60 490 -4.88
Tulip Telecom 15.75 246128 -4.83
SPARC 153.35 502873 -4.45
Motherson Sumi 204.40 226160 -4.11
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Last Updated: Friday, May 17, 2013 | 04:00 PM IST
Company Price (Rs) Volume Chg (%)
A B B 659.40 1728876 20.94
Esab India 485.55 26289 18.14
GTL Infra. 2.45 3916545 16.67
WABCO India 1597.95 35883 14.66
ALSTOM India 395.95 424982 13.93
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Company Price (Rs) Volume Chg (%)
Tulip Telecom 15.70 589502 -4.85
Aanjaneya Life. 74.60 72977 -4.30
S Kumars Nation 5.65 1450373 -4.24
Linde India 250.75 437011 -4.04
Sujana Towers 1.20 73934 -4.00
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Last Updated: Friday, May 17, 2013 | 12:00 AM IST

Derivatives

Index
Stock

International Markets


 

Opinion Rss icon

Columnists

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How India should reform its trade for the 21st century
Jayanta Roy

Focus on integrating India into regional trade blocs and helping professional services transcend borders

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Free labour for govt
Sreelatha Menon

The government earns Rs 70,000 cr off its six million social workforce by flouting labour laws

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Time to state a strategy
Premvir Das

In a recent talk delivered in New Delhi, the former foreign secretary and current chairman of the National Security Advisory Board (NSAB), Shyam ...

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'We must identify the causes of moral decline in our society'
Pranab Mukherjee

It gives me immense pleasure to be here today for the third Convocation of Nagaland University, a premier centre of higher learning in the ...

BLOGS


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Spot-fixing gate: a big blow to IPL and Dravid
Gaurav Laghate

There will now be cynicism about every match, and every wicket, six or four will be suspect

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Match fixing is IPL's underbelly
Dev Chatterjee

While the three players arrested on Thursday will be the fall guys, betting and match fixing will continue to flourish

EDITORIAL COMMENT

The golden goose

Lax regulation can kill the IPL

Recovering a reputation

Ranbaxy needs to investigate internal wrongdoing

Financial X-ray

ITC clocks 3% volume growth in cigarettes

Company's FMCG business turns in a maiden profit in Q4 on higher than industry growth

Bajaj Auto: Lower tax rate boosts bottom line

Operating margin dips 200 bps on higher employee costs & other expenses

BOOK REVIEWS

Dan Brown cracks the code

Inferno may become more popular than Da Vinci Code and Angels & Demons because of the way the writer has reinvented the art of the novel

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The stampede out
Ian Campbell


Gold moves back to the brink

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Modern models please
Edward Hadas


How to have a good argument about economics

CompaniesRss icon

  • Arrow

CoalMin not in favour of CIL stake sale till issues resolved

Power utilities, including NTPC and DVC, owe a huge amount of about Rs 9,000 crore to CIL

Essar's Kenya refinery in trouble despite $1-bn investment plan

The Mombasa refinery is the only refinery in Eastern Africa and a first international one acquired by any Indian company

Panel to consider 11% stake sale in NHPC tomorrow

The proposed disinvestment of 11.36 % will be executed through an offer for sale (OFS) of shares by promoters through stock exchange mechanism


Dutch firm Coram to use India as base

Huge population, coupled with affinity towards European designs, are the key reasons why Coram has decided to shift focus to India

Non-cigarette FMCG biz lights up ITC

The ITC stock on Friday closed marginally lower at Rs 334.70 on BSE

P&G to join toothpaste wars with Oral-B rollout in India

Oral-B as a brand name is not unfamiliar to Indians, with it ranked second in the Rs 1,000-cr brushing segment after Colgate


SBI says deposits to grow by 25% in FY14

The SBI chairman was of the view that bank deposits are gaining preference among savers in the backdrop of chit fund scam in West Bengal

Squeeze HFCs under RBI umbrella to shield from red tape: SBI

A single regulator for all types of loans would help credit disbursal, says Pratip Chaudhuri

India MFIs baulks at chit fund depositors after Saradha

While loans to agents of MLM firms have stopped, existing depositors now have to declare their investments before borrowing from MFIs


Naxal-hit areas: BSNL gets more funding flexibility

As most of the towers will be installed in rural, hilly and forest areas, they may not be viable even after 5 years

Tata Tele cancels OFS

Tata Sons, the promoters of the company, have called off the proposed sale of 51 million shares

Tata Teleservices (Mah) dips on opening of OFS

The company has received bids for 20.61 million shares representing 39.93% of total shares offered by the promoter till 1235 hours.


Infosys' visa-related costs jump over 50% at Rs 308cr in FY'13

Difficult visa norms are adversely impacting the operating margins of the Indian IT players, who get close to 80 % of their revenues from the US ...

I-T Dept slaps Rs 582 cr tax demand notice on Infosys

Infosys is already facing tax demands worth $214 million for fiscal 2005 to fiscal 2008

NIIT Technologies to stay focused on non-linear business

The publicly-listed company garners around 24% of its revenue from non-linear businesses like managed services, IP assets


DPCO: New rule to take Rs 1,600 cr yearly toll on firms' sales

According to market research firm IMS Health's analysis, 348 essential medicines will now come under price control

Dr Reddy's welcomes new pharma pricing policy

The Centre had ushered in a new regime for pricing drugs and issued a new Drugs (Prices Control) Order, 2013 which came into force on May 15

'New pharma policy alone can't make healthcare affordable'

The move to regulate prices, comes at a time when the margins of the Indian pharma industry are under pressure


Tata Motors raises Rs 1,545 cr in Singapore notes

Tata Motors, India's biggest vehicle maker announced its wholly owned subsidiary, TML Holdings Pte Ltd, had issued and allotted S$350 million ...

Apollo Tyres shelves $150 mn fund raising via QIB

The company has said it will go-ahead with its Rs 500-crore expansion plan both in India and international operations

Escorts gains post Q2 earnings

Q4 profit up 62% yoy at Rs 37 crore against Rs 23 crore due to lower raw material cost and interest cost


Panel to consider 11% stake sale in NHPC tomorrow

The proposed disinvestment of 11.36 % will be executed through an offer for sale (OFS) of shares by promoters through stock exchange mechanism

High street rent up 12% at Delhi's CP, down 12% at Mumbai's Linking Road

Among other cities, SP Road & Banjara Hills, Hyderabad, were up 8-10%, Usman Road in Chennai was up 9% and Aundh in Pune rose 3-5%

We are not on a capex holiday...we're actually in a sweet spot: Lalit Jalan

Interview with CEO, Reliance Infrastructure


SpiceJet commission cut to boost web sales: Agents body

Travel agents fear other airlines may follow suit

Pre-school players take big steps to growth

Players are looking at both organic and inorganic growth to expand their market reach

Jet, Air India oppose EU aviation norms despite penalty threats

EU's emission trading scheme requires airlines to report emission data and purchase credits in case the emission exceeds capped limits


Kirloskar Electric bags railway order

Orders for systems which will be used in Rajdhani and Shatabdi trains

Tecpro Systems soars on technical collaboration with Japanese firm

The company has entered into a license agreement with MHI-MS for manufacturing of electrostatic precipitator.

L&T Construction secures orders worth Rs 2,542 cr

L&T Construction has won orders valued at over Rs 2,542 crore during the months of April and May


Russian model, archaic laws impeding growth: Shiva Cement CMD

Urges treatment of all productive assets as national assets, irrespective of ownership

Competition tribunal asks cement firms to pay Rs 630-cr interim penalty

Firms are to make this payment within a month, failing which their petition would be dismissed

No major impact of tribunal order: Analysts

Analysts remain selectively bullish on the stocks from this space


CoalMin not in favour of CIL stake sale till issues resolved

Power utilities, including NTPC and DVC, owe a huge amount of about Rs 9,000 crore to CIL

SAIL Consortium may scale down initial capacity of Afghan plant

The consortium has public sector firms SAIL, RINL and NMDC holding a combined 56% stake

Sesa Goa to resume mining in Karnataka by June

Sesa Goa's mine in Karnataka's Chitradurga district is among the mines on which the Supreme Court


GSK Consumer hits new high, stock surges 27% in a week

In past two trading sessions the stock has gained 15% after MSCI has included the company in its index.

Sluggish demand dents GSFC profits

Net dips by 75% at Rs 58 crore in fourth quarter of 2012-13

Procurement prices key hangover for sugar makers

While sugar & ethanol realisations have improved, rise in cane procurement prices in current season and expected further increase in next ...


CBI probe into Deccan Chronicle on: Canara Bank

CMD says action should be taken against the media company

In conversation with SL Narayanan, Group CFO, Sun Group

He says that the decision to increase advertising rates has been well thought out and effected after ensuring that the market will be able to ...

Sun TV Q4 profit up by 12%

Company announces 19% hike in advertising rates; income increases 11%


Essar's Kenya refinery in trouble despite $1-bn investment plan

The Mombasa refinery is the only refinery in Eastern Africa and a first international one acquired by any Indian company

DGH rejects RIL offer to confirm gas discoveries in KG-D6

The Directorate General of Hydrocarbons (DGH), the technical arm of the Oil Ministry, has since February 2010 not recognised the D-29, 30 and 31 ...

Gas distribution bids for seven cities to be cleared soon

Adani, GSPC, EIL and Gail Gas to benefit


Gas distribution bids for seven cities to be cleared soon

Adani, GSPC, EIL and Gail Gas to benefit

Adani Ports surges as Q4 net trebles to Rs 710 crore

Q4 consolidated net profit more than doubled to Rs 710 crore on account of one-time gain of Rs 420 crore due to divestment of its holding ...

CARE Ratings rallies post Q4 earnings, special dividend

Announced a special dividend of 80% or Rs 8 per share on competition of 20 years of Analytical Excellence.


Personal Finance Rss icon

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How to select stocks for investing

There is no sure-shot formula to succeed in the stock market. Here are some factors that may help you take investment decisions

Beyond Business Rss icon

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The Luxury Circle

Strategic location, old-world charm and dearth of other quality retail spaces in Mumbai is prompting luxury brands to set up shop at Horniman ...

Sanskrit symphony

The festival of ancient arts comes with an unusual fusion of Odissi and Romanian ballet

Commodities

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Commodity
Price(Rs)
Change
(%)

Arrow
GOLD(10GRMS)
25848.00
-36
-0.14

Arrow
Rs. 25848.00
-36
-0.14 %

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SILVER(1KGS)
42632.00
-182
-0.43

Arrow
Rs. 42632.00
-182
-0.43 %

Arrow
ALUMINIUM
101.10
-0.25
-0.25

Arrow
Rs. 101.10
-0.25
-0.25 %

Arrow
COTTON
17880.00
-60
-0.33

Arrow
Rs. 17880.00
-60
-0.33 %

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BRCRUDEOIL
5766.00
+7
+0.12

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Rs. 5766.00
+7
+0.12 %

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ALUMINI
101.05
-0.3
-0.3

Arrow
Rs. 101.05
-0.3
-0.3 %

Arrow
ALMOND
464.00
+1.5
+0.32

Arrow
Rs. 464.00
+1.5
+0.32 %

FEATURES

In Depth Rss icon

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A check on greed in the iron age

The Lokayukta report in Karnataka exposed illegalities, irregularities and crime by mining mafia in connivance with politicians and bureaucrats

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Madhya Pradesh goes the Gujarat way for power

It has tied up long-term contracts and has undertaken reforms, just as Gujarat did a few years ago, to provide 24x7 electricity to consumers

Real Estate Rss icon

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Akshaya Tritiya leaves real estate firms idling by

Even buyers have not been showing much enthusiasm in booking properties, due to high prices and the overall lacklustre economic environment

Brand World Rss icon

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Sports wear brands work up the fitness track

Puma, Reebok, Adidas and Nike are launching high-performance sports shoes

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AirAsia: The low-cost card may not fly in India

Unlike Malaysia where the airline didn't have competition from other LCCs, its new market in India has quite a few thriving players

Business Education Rss icon

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IIMs' faculty worked up over appraisal scores

Faculty members' teaching and non-teaching activities are assigned scores for earning incentives under new scheme

Heading
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Cheery city runner


Ford's EcoSport compact SUV has designer looks and comes loaded with innovative features. Does it have the mojo to beat its competitors?

Feather-touch ride

BMW's new 6 Series Gran Coupe is not just seductive and haute - its ride quality is better than its badge siblings'

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