MARKETS »

Pre-market: 10 stocks to watch in trade on Wednesday


The early indicator, SGX Nifty has declined 58 points at 8,296 levels

COMPANIES »

Crude awakening for ONGC, Oil India


The falling price of crude oil is good for the government, but less so for state-owned crude oil producers as they gear up for divestment

ECONOMY AND POLICY »

Additional 1% tax over GST may hurt 'Make in India': Arvind Subramanian


Says time is right for RBI to cut rate

ONE YEAR OF MODI GOVT »

SMEs feel lost in Make in India days


While efforts to improve the business environment did strike a chord, changes on the ground were still some time away, say many SME owners

AROUND THE GLOBE »

Apple's Jony Ive named chief design officer


Man behind shaping the look and feel of Apple products gives up day-to-day managerial duties

FINANCE »

Credit costs, low interest income hit PSB profits


Moreover, the scale of slippages (like restructured loans becoming bad assets) was higher in many public sector banks

CURRENT AFFAIRS »

Centre defends cancellation of FCRA registration of Greenpeace


The Ministry of Home Affairs charged Greenpeace with violating Foreign Contribution Regulation Act by merging its foreign donations with ...

BS Poll

Has the job situation improved during the one year that Narendra Modi has been in power?

Yes  
No  
Can't Say  

People Rss icon

Live Markets

Powered by: SmartInvestor

Derivatives

Opinion Rss icon

Columnists

A calm rupee
Andy Mukherjee

The Reserve Bank of India has room to cut interest rates and revive growth without having to fret about capital flight

Towards real fiscal
correction

A K Bhattacharya

Nobody should dispute the laudable performance of the Narendra Modi government in sticking to the difficult path of fiscal correction

The tragedy of metrics
Vanita Kohli-Khandekar

The possibilities of using readership or ratings data to tinker with content, launch shows and brands are phenomenal

Smartphone 'Cold War'
seen in Asian moves on
patent licensing

Susan Decker, Ian King & Jungah Lee

Asian regulators were spurred by the smartphone wars, in which tech giants battled over billions of dollars for more than four years

BLOGS


How about a Babaji ki butti to cure the incurable?
Jyoti Mukul

If Ramdev weren't a Baba, but a mere salesman, what would he make of a medicine or a herb named Putrajeevak Beej?

Nepal quake and its lessons for disaster (un)preparedness

Despite loads of relief material and foreign rescue teams in Nepal, the state has failed to respond adequately in helping the victims

EDITORIAL COMMENT

Markets turn realistic

Support for indices as middle class gains confidence

West Asia to South

IS not as distant from India as is being imagined

Financial X-ray

Tata Motors: Higher depreciation expenses & revaluation of forex debt hits Q4

Revaluation of foreign currency debt and commodity hedges crimp JLR's earnings

Dish TV: Connection with profits now in place

Turnaround in March quarter is likely to continue in FY16

BOOK REVIEWS

The resilience of MGR

As Tamil society has evolved in the time since M G Ramachandran, its degrees of complexity have increased

An American soldier's troubling story

God Is Not Here is full of Iraqi voices expressing outrage at the Americans

Una Galani

Game of succession
Una Galani


Samsung's $8-billion restructuring offer looks cheeky

Quentin Webb

Oh, Joyou!
Quentin Webb


Japan's flood of foreign M&A hits Chinese blockage

CompaniesRss icon

ICICI, Axis banks cut employee headcount

Focus on lower cost-to-income ratio, digital medium

HSMC in talks with US, Japan banks for fab funds

HSMC seeks funding of $3.5-4 bn for the project, in which ST Microelectronics and Silterra are the other two partners

Tata Motors net profit tanks as JLR volumes disappoint

The management warned that there could be further pressure on margins in the current and upcoming quarter


HSMC in talks with US, Japan banks for fab funds

HSMC seeks funding of $3.5-4 bn for the project, in which ST Microelectronics and Silterra are the other two partners

Jyothy Labs: Healthy operational performance

Growth in key brands, benign input costs are key positives

Markets remain subdued; Nifty slips below 8,450

Metals and FMCG stocks are trading weak, while Bharti Airtel, ONGC and M&M have rallied more than 1%


ICICI, Axis banks cut employee headcount

Focus on lower cost-to-income ratio, digital medium

IDBI Bank Q4 net up 5.2% at Rs 545 cr

Board of Directors has recommended dividend of Rs 0.75 per share for 2014-15

Syndicate Bank to raise Rs 2,000 cr through QIP issue

The bank has convened an annual general meeting on June 26 to seek approval from shareholders for the proposed capital raising plan


Structural shift in global pharma driving Lupin's M&A plans

Lupin has reported below estimated earnings for the last three successive quarters

Divi's Labs: Margin boost fails to impress

The key to growth will be genericisation of key niche products over the next few years

Suven Life & Kaveri Seeds Q4 results

Suven Life Sciences Limited, has reported a 47.7% decline in net profit to Rs 16.95 cr for the quarter ended Mar'15


Tata Motors net profit tanks as JLR volumes disappoint

The management warned that there could be further pressure on margins in the current and upcoming quarter

Tata Motors: Higher depreciation expenses & revaluation of forex debt hits Q4

Revaluation of foreign currency debt and commodity hedges crimp JLR's earnings

Nifty breaches 8,350; rupee nears 64 levels

Sensex ended the session at 27,531 levels, while the Nifty lost 31 points to 8,339 levels


Reliance Power profit up 3%

Operating income grew 22 per cent to Rs 1,584 crore while total income rose 20 per cent to Rs 1,681 crore

Shares of PNC Infratech fall 5% on debut

The firm's IPO saw weak demand from retail and HNIs, but was bailed out by institutional investors

Coldwell Banker India eyes Rs 400 cr brokerage potential market of Pune

Enters Pune market after Mumbai and Bangalore, to add 30 franchisees by 2015-end


United Bank says lost hope to recover money from Kingfisher

Kolkata-based lender was the first bank to try and get Vijay Mallya, chief of Kingfisher Airlines, tagged as wilful defaulter

Domestic air traffic up 23% in April

IndiGo consolidates leadership position with 37.8% market share

SpiceJet completes 10 yrs on Saturday; to hold flash sales

Company offers flat 10% discount on its select domestic flights with a single day five-hour booking period


BHEL fourth quarter net down 52% to Rs 888 cr

The major decline in profit came despite a 10.2% cut in expenses to Rs 11,286 cr during the quarter

Thermax's net up 24.5 % at Rs 132 crore

Total income up 10% at Rs 1,521 cr on higher order carry forward from the previous year

BHEL Q4 net declines 52% at Rs 888.35 cr

Standalone net sales of the public sector undertaking declined by 16% to Rs 12,368 crore


Raymond rebrands home textile products under 'Raymond Home'

The company is targeting Rs 300-cr sales from home furnishing products division in next three years

Linen to drive 10-15% of Raymond's fabric business

Bajaj said there were few players offering linen collection in the country presently, and the existing market for it is Rs 1,000 crore

Lambodhara Textiles zooms nearly 200% in one month

Since April 23, the stock has appreciated nearly 200% from Rs 154 to Rs 449 compared to a 1% decline in the CNX Nifty.


CIL decision to cancel coal won by JPL comes under HC lens

A bench of justices observed 'this was not how the govt should function'

JSW Steel's April output grows 2% to 1.01 mn tonnes

Production of long steel used in construction sector, however, declined 19% at 133,000 tonnes in April

Markets have a soft start; Sensex hovers at 27,800

The FMCG and metal stocks are dragging the markets lower, while the IT stocks are trading higher on the back of a weak rupee.


Maggi noodles samples to undergo lab test: Gundurao

Karnataka may consider banning the product if its contents prove to be hazardous

Maggi issue wake-up call for food cos: CSE

Activist body, best known for raising the pesticide in colas issue a decade before, say enforcement of food regulation must get stringent as ...

UPL hits record high; surges over 25% post Q4 results

The stock rallied 28% to Rs 555 from Rs 434 on April 24 on the BSE.


Crude awakening for ONGC, Oil India

The falling price of crude oil is good for the government, but less so for state-owned crude oil producers as they gear up for divestment

Nifty breaches 8,350; rupee nears 64 levels

Sensex ended the session at 27,531 levels, while the Nifty lost 31 points to 8,339 levels

Reliance Industries aggressive on treasury operations

Current investment jumped 50% in FY15; cash & bank balance was down 67%


ABG Shipyard loss widens

The country's largest private sector shipbuilding yard had reported a net loss of Rs 48.78 cr in the corresponding quarter of the previous

Suven Life & Kaveri Seeds Q4 results

Suven Life Sciences Limited, has reported a 47.7% decline in net profit to Rs 16.95 cr for the quarter ended Mar'15

Ricoh India soars on robust Q4 results

The stock hit a record high of Rs 945 in intra-day trade and rallied 44% in past two weeks on the BSE.


Beyond Business Rss icon

Diya Sethi: Addicted to life

Diya Sethi's brutally honest account of her battle against addiction shows that, contrary to common belief, long-lasting recovery is possible

Pack your bags and take off

Sarahan, 200 km from Shimla, is the perfect getaway

Commodities

Commodity
Price(Rs)
Change
(%)

26886.00
-275
-1.01

3731.00
-99
-2.58

38521.00
-619
-1.58

394.75
-5.05
-1.26

182.60
-0.7
-0.38

FEATURES

In Depth Rss icon

Crude awakening for ONGC, Oil India

The falling price of crude oil is good for the government, but less so for state-owned crude oil producers as they gear up for divestment

Maruti Suzuki

Maruti smartens up to attract premium buyers

It is building new showrooms called Nexa for high-end cars; experts don't expect volumes to be high initially

Start-ups

Sean Blagsvedt

Fighting poverty by helping find jobs

Bengaluru-based babajob.com is trying to help unorganised blue-collar workers get better employment

Brand World Rss icon

A boxer, a queen and a movie studio

Viacom 18 hopes to prove that movies made with small budgets can win big, with critics and at the box office

Jupiter

Ready for the dirt track

TVS Motors is investing heavily in its new scooter brands. Will the market respond?