BS Poll: Market experts fear up to 10% more correction

Worries remain on earnings-valuations mismatch, global issues; resolution of MAT row could be biggest positive trigger

MARKETS »

Nifty ends above 8,250; ICICI Bank jumps 8%, Maruti Suzuki up 5%


The auto and banking indices surged by more than 2% each, with ICICI Bank and Maruti Suzuki leading the gains

COMPANIES »

Wockhardt to recall drugs from plants with US import alert


Shares tank around 7% on the BSE; stock had closed 18% down yesterday

CURRENT AFFAIRS »

Modi third most followed world leader on Twitter


Sushma Swaraj is the most followed foreign minister with 2,438,228 followers

ECONOMY AND POLICY »

India's economy to grow 7.5% in FY16 and 8% by FY18: World Bank


Warns of external headwinds

AROUND THE GLOBE »

Baltimore: A burning city amid protests for justice


What started as peaceful protests days ago turned violent, with stores being looted, rocks being thrown at police and buildings and cars set on ...

Volunteers help with rescue work at the site of a building that collapsed after an earthquake in Kathmandu, Nepal

EARTHQUAKE JOLTS NEPAL »

Quake toll over 4,350; Nepal PM says rescue ops not effective


There is acute shortage of food, water, electricity and medicines; fear of another quake keeps people out in the open

FINANCE »

BS Poll: Rupee seen weakening as risk aversion among global investors may continue


The rupee may trade at 63.75 a month down the line

BS Poll

Arun Jaitley wants to tone down the anti-corruption law in order to boost economic growth. Would that be a wise move?

Yes  
No  
Can't Say  

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Derivatives

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Columnists

AIIB and global
governance

Andrew Sheng & Xiao Geng

The new bank is a critical element of China's 'one belt, one road' strategy, made up of the Silk Road Economic Belt connecting it to Europe and ...

Towards an Indian GST
regime

A K Bhattacharya

The legislative Bill seeking to to introduce GST does not indicate the revenue neutral rate and delegates that responsibility to the GST Council

Saving the readership
survey

Vanita Kohli-Khandekar

Indian publishers are denouncing readership data for the wrong reasons. This would harm the country's robust print business in the long term

Deutsche Bank 'baby
steps' overhaul
disappoints investors

Elena Logutenkova, Shane Strowmatt & Ambereen Choudhury

Executives stopped short of a more radical overhaul that would have seen an exit from consumer banking

BLOGS


Remembering passwords, a pain!

Like it or not, passwords control you, not the other way round; and they're only increasing in number

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

It can if your debit card belongs to a PSU bank

EDITORIAL COMMENT

Waiting for action

The Indian market looks like it has run out of steam

Saving the railways

Report on the railway Budget shines, but also falters

Financial X-ray

Idea Cellular: Volume growth boosts show

However, voice realisations have fallen steeply due to competitive pressures leading to a fall in ARPM

Godrej Consumer: Core performance healthy

While currency moves have hit sales growth, in constant currency terms the trends remain positive

BOOK REVIEWS

Fire & ash

This book too makes the often repeated references — death, the weaver community, the ghats, the sweet-makers and the sex workers

Cheques for the Clintons

Clinton Cash is proving the most anticipated and feared book of a presidential cycle still in its infancy

Robert Cyran

Cash machine
Robert Cyran


Huge Apple payouts play catch-up with China growth

Edward Hadas

The school of hard knocks
Edward Hadas


Varoufakis finds economics PhD gives little wisdom

CompaniesRss icon

Mallya did not disclose USL loans to UB earlier: Diageo

Diageo spokesperson refutes Mallya's claim that all loan exposures were disclosed to Diageo during the due-diligence process

Airtel posts 30% rise in net profit on data

Revenue up 3.6%; Africa business continues to be a drag

Idea beats Street estimates

Stock was in the green and closed at Rs 191.6 on the BSE on Tuesday and up 2.8% from the previous close


Mallya did not disclose USL loans to UB earlier: Diageo

Diageo spokesperson refutes Mallya's claim that all loan exposures were disclosed to Diageo during the due-diligence process

Godrej Consumer: Core performance healthy

While currency moves have hit sales growth, in constant currency terms the trends remain positive

Former Godrej Consumer Products MD launches new chocolate brand LuvIt

Ex-Godrej Consumer head Mahendran launches confectionery brand, to move into beverages soon; but experts say his main challenge would be ...


Nifty ends above 8,250; ICICI Bank jumps 8%, Maruti Suzuki up 5%

The auto and banking indices surged by more than 2% each, with ICICI Bank and Maruti Suzuki leading the gains

Markets snap three-day losing streak; Sensex rises 154 points

The 30-share Sensex provisionally ended up 154 points at 27,331 and the 50-share Nifty ended up 51 points at 8,265.

Bank of India to raise $750 mn through bonds

Bank had earlier deferred plans to raise the amount due to adequate liquidity brought on by slow credit growth


Airtel posts 30% rise in net profit on data

Revenue up 3.6%; Africa business continues to be a drag

Idea beats Street estimates

Stock was in the green and closed at Rs 191.6 on the BSE on Tuesday and up 2.8% from the previous close

Idea Cellular: Volume growth boosts show

However, voice realisations have fallen steeply due to competitive pressures leading to a fall in ARPM


Today's picks- 28 April 2015

Nifty, Bank Nifty, HCL Tech, GAIL & TATA MOTORS

Geometric slips on weak Q4 results

The stock slipped 11% to Rs 127 after reporting 80% QoQ decline in consolidated net profit at Rs 3.29 crore in March quarter.

How achievable is Infosys' FY20 vision?

While some analysts are optimistic, others believe the targets are ambitious


Wockhardt: Further correction not ruled out

The decline in share price can be attributed to market expectations of a quick resolution to US FDA issues, which analysts weren't factoring in

Mylan rejects Teva's $40 billion offer as 'gross undervaluation'

Says such a merger proposal by Teva would bring each other little in terms of new capabilities

Sun Pharma may spend up to $7 billion on M&A: bankers

US and European companies that develop biosimilars on the radar


GIC to acquire about 64% stake in Nirlon for Rs 1,280 cr

In December, GIC had announced that its affiliate Reco Berry Pvt Ltd signed a definitive agreement to acquire stake in Nirlon

RPower terminates PPA for 3,960 Mw Tilaiya UMPP in Jharkhand

JIPL had signed a Power Purchase Agreement (PPA) with 18 power off-takers in 10 states for 25 years

Varun Shipping writes to Sebi clarifying stance on dividend payment

Company says it has paid total Rs 4.56 cr towards dividend payment apart from Rs 500,000 penalty


AirAsia follows Vistara's foosteps, will add flights from Delhi

The carrier is exploring flights to Imphal, Kolkata, Lucknow, Raipur and Pune from its soon to be launched Delhi hub

SpiceJet's new offer: Travel with hand baggage and fly for just Rs 999

150,000 tickets on offer for travel between July 1-October 15, 2015

Bengal Aerotropolis Projects gets DGCA nod for airport

Pinnacle Air will connect Andal and Cooch Behar with Kolkata, GoAir and Indigo likely to start Delhi-Durgapur flights


Cement demand to pick up by second half fiscal 2016: O P Puranmalka

Interview with UltraTech managing director

Shree Cement buys Jaypee Cement unit for Rs 358 crore

In August last year, the board of Jaiprakash Associates had approved the sale of the unit on a going concern basis to Shree Cement

Pondy Oxides starts trial run of smelter in AP

The new facility to address additional market demand in domestic and international markets


Welspun Corp zooms 20% on robust Q4 results

The company reported a consolidated net profit at Rs 144 crore in March quarter against Rs 12.62 crore in a year ago quarter.

Vedanta eyeing minority stake in Electrosteel Steels

Electrosteel has been under corporate debt restructuring scheme since 2013 with a debt of more than Rs 6,000 crore

LED market bullish on high adoption ratio

Rise in adoption on back of strong push towards sustainable lighting solutions


Sun TV, Kal Comm move HC against ED's attachment order

Court admits petition and asks Directorate of Enforcement to file a counter

Today's picks- 23 April 2015

Nifty, Bank Nifty, Tech Mahindra, Cairn India & Zee Entertainment

Dish TV: Strong signals

The company is on course to improving profitability but any move to expand smaller recharge options to subsidise set-top box charges by ...


Can Jio lift RIL's earnings and stock performance?

Analysts say odds are against it given its aggressive capex & the struggle of incumbent telecom operators

Today's picks- 27 April 2015

Nifty, Bank Nifty, Cairn & Bharti Airtel

Reduce LNG price to match global slump, India tells Qatar

Qatar LNG is priced at $13 per mBtu as compared to $6-7 at which it is available in the spot market


Technology Rss icon

Facebook launches video calling in its Messenger app

The feature has not been launched in India yet

Nexus 6: The six commandments

Big, better, bulkier. Read on to find out if this should be in your pocket, that is, if ...

Google's Business View boosts online presence of SMEs

Google Business View is a tool that helps a business improve its online presence

Xiaomi launches tailored Mi4i for Indian market

Low-cost version for India priced at Rs 12,999, has a plastic body

Beyond Business Rss icon

The dancer and the dance

Choreographer Ashley Lobo has started a contemporary dance repertory company, Navdhara India Dance Theatre

To build a world class university in Noida

Shiv Nadar University is pulling out all stops to attract teaching talent from the US, but will it be enough

Commodities

Commodity
Price(Rs)
Change
(%)

27200.00
+117
+0.43

3624.00
+13
+0.36

37555.00
+407
+1.1

387.00
-0.65
-0.17

161.50
+1.2
+0.75

FEATURES

In Depth Rss icon

Mobile's the way ahead for online shoppers

With mobiles providing anytime, any place shopping, and with smartphone use set to increase greatly, customers are switching to m-commerce

Godrej on buyout mode in Africa

Godrej Consumer Products, the Adi Godrej flagship, has done five acquisitions to expand its business in Africa

Start-ups

IIM-A's CIIE backed Infuse Ventures invests in geothermal cooling startup

A pioneer in geothermal cooling space in India, GIBSS saw Intellecap as the investment advisor for the investment

Brand World Rss icon

After LuvIt, it’ll be Cherio

Ex-Godrej Consumer head Mahendran launches confectionery brand, to move into beverages soon; but experts say his main challenge would be ...

Renault hopes to turn the corner with compact car

The French firm wants to treble its market share in India by 2016-end with the help of its first sub-Rs 4 lakh car, and utility vehicle, Lodgy