MARKETS »

Markets consolidate; pharma shares in focus


Markets are seen consolidating as investors booked profits after gains in the previous six sessions

Sudhir Kumar Jain

COMPANIES »

Can govt banks ride the momentum for change?


Bogged down by inefficient boards, public sector banks have got mired in mounting bad loans and rising corruption

ECONOMY »

GST meet today: Consensus likely to stay elusive


State finance ministers meet again but even BJP-ruled states are restive at perceived loss of autonomy

Around the world »

Ex-CEO Ballmer quits Microsoft board to focus on NBA's Clippers


He however said that he plans to hang on to his 4% stake in Microsoft

PERSONAL FINANCE »

Japanese fund should be second choice


Start with US ones and have 10-15% exposure to global ones

CURRENT AFFAIRS »

2G case: Court grants bail to Dayalu Ammal


Ammal's counsel has been asked to furnish the bail bond of Rs five lakh within two days

FINANCE »

Short-tenure corporate bonds back in demand


Trend due to narrowing difference between short and long-term yields

OPINION »

COLUMNIST »


A K Bhattacharya: A lucky government?

Luck appears to be on the government's side. It needs to take full advantage of it by initiating long overdue economic reforms without delay

Zorawar Daulet Singh: Indo-Pak relations and the journey to Neverland

Realistic statecraft, not emotion must become the guiding principle of India's Pakistan policy

ON THE BEAT »


5 things Narendra Modi can learn from Coca Cola about building toilets

Building toilets is only the beginning and the easiest part of the battle. Water and maintenance are the key challenges


BRAND WORLD »


Seven of the top 10 brands come from services sector

HDFC Bank, Airtel, State Bank of India top BrandZ's 50 most valuable brand study


Have Your Say




Narendra Modi has invited comments and suggestions on his move to scrap the Planning Commission. What would your advice to the Prime Minister be?

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Derivatives

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Columnists

Policies awaited
Shankar Acharya

So what are the Modi government's economic priorities?

A lucky government?
A K Bhattacharya

Luck appears to be on the government's side. It needs to take full advantage of it by initiating long overdue economic reforms without delay

Trai's take on media
ownership

Vanita Kohli-Khandekar

Its recent paper is a call for the media to fix the sorry state of the news industry in India

Indo-Pak relations and
the journey to Neverland

Zorawar Daulet Singh

Realistic statecraft, not emotion must become the guiding principle of India's Pakistan policy

BLOGS


EPL: week one, take one
Dhruv Munjal

Man United stumble as Chelsea, Man City lay down early marker

Back to the future in Vidarbha for cotton farmers
Aman Sethi

How a new-old planting technique could make rain-fed cotton planting more viable

EDITORIAL COMMENT

On the rise

Is the market's bull run sustainable?

A complex chain

Financial inclusion must be set up to pay for itself

Financial X-ray

Sesa Sterlite: Goa mining leases not a big catalyst

Analysts estimate Goa mines to produce 1.1 mt in FY15, which pales in comparison to its capacity of 14 mt

Silver lining for GAIL

While June quarter was marred by one-offs, Street is positive due to expanded petchem capacities

BOOK REVIEWS

A borderline case of discomfort

The acute discomfort of both China, India with circumstances that they have found themselves in over past 60 yrs comes out strongly in this book

Taxing issues about taxes

Parthasarathi Shome's book Taxation — Principles and Applications covers virtually every important aspect of tax reform

Chris Hughes

London's so cool
Chris Hughes


London-UK house-price divergence is manna for BoE

Martin Hutchinson

Boons and boondoggles
Martin Hutchinson


Beware of surges in infra investment

CompaniesRss icon

Arvind gains 6% on forays into e-commerce

The company expects Creyate to become a Rs 100-crore brand by next year.

Oriental Bank of Commerce, Dena Bank are still good bets: analysts

This is the second instance in less than a month when a public sector bank was found being involved in a scam

Lumax Industries zooms over 30% in four days post Q1 results

The company reported eight-fold jump in net profit at Rs 4.97 crore in Q1FY15, due to strong operational performance.


United Spirits appoints Anand Kripalu to its board

Move comes close after Kripalu was elevated to be part of Diageo's global Executive Committee

GCPL mulls new unit at Seemandhra to make soaps, insecticides

Will continue expansion at existing plants in North East and Jammu to meet growing demand for its products

Whirlpool up 10% second day in a row on strong Q1 results

The company said its plan to introduce over 200 new models in 2014 is on track.


Oriental Bank of Commerce, Dena Bank are still good bets: analysts

This is the second instance in less than a month when a public sector bank was found being involved in a scam

Karur Vysya Bank gains on fund raising plans via QIP

The floor price for the QIP has been fixed at Rs 461.70 per equity share

EMI option in ICICI Bank debit cards

To begin with the bank has only tied up with Samsung for phones and consumer durable products


TCS' Diligenta secures deal with UK-based Friends Life

In 2011, TCS subsidiary had taken over IT and customer services functions of the UK business of Friends Life for 15 years

MCX prepares ground for complete FTIL exit

Board to ask National Securities Depository to unfreeze 5% of FTIL's stake

FMC wants NSEL to be merged with FTIL, latter's management changed

Last week FMC wrote to MCA to merge NSEL with its promoter and 99% owner, FTIL


FDC soars 14% after huge block deals

About 4.85 million equity shares representing 2.73% of total equity of FDC changed hands in multiple block deals on BSE.

Govt set to revise patent norms for pharma

Guidelines won't replace present structure, but will let examiners adopt standard procedure in evaluating complex applications

Today's picks-18 August 2014

Nifty, Bank Nifty, Bharti Airtel, Cipla, Tech Mahindra


To trim debt, Lanco may sell more power assets

After sale of the Udupi plant Lanco Infratech has 2,790 Mw operational capacity, including 136 Mw in renewable energy

NTPC seeks to tie up with Coal India, BHEL

NTPC continues to reel under coal shortage, seeks to secure supplies with these tie ups

Tata Power to raise $560 mn abroad

Company is marketing a $460-mn, 18-month loan and another of $100 mn as a three-year facility, say bankers


Arvind gains 6% on forays into e-commerce

The company expects Creyate to become a Rs 100-crore brand by next year.

Textile giant Arvind Limited forays into e-commerce

Launches online custom clothing brand; targets Rs 1,000 crore from e-retail business in three years

Arvind forays into e-commerce with custom clothing brand 'Creyate'

Company sees e-commerce as a key growth driver for the group and aims to be Rs 1,000 crore plus business in three years


Eros International zooms on acquiring worldwide rights for Zee TV shows

The company said its on-demand entertainment portal ErosNow has acquired the worldwide rights of popular Zee TV shows.

Inox's high-growth ambition soars

Will continue to look at acquisitions aggressively, beside promoting its F&B and cinema ad businesses

Zee Entertainment on global expansion drive

Essel group firm ZEEL now considering Vietnam as its next destination


Just Dial gains after board nod for hiking FII limit

The board also approved acquisition of just Dial Inc. from Just Dial Global Private Limited.

RIL setback to OilMin: GAIL, CPCL refuse to comply with KG-D6 order

Both companies have expressed their inability to do so as no amount was pending against crude oil and gas they purchased from RIL

Silver lining for GAIL

While June quarter was marred by one-offs, Street is positive due to expanded petchem capacities


Beyond Business Rss icon

Fashion designers get ordinary people to model on their shows

Fashion designers are now getting 'regular' people - watchmen, gym instructors, rickshaw pullers - to model on their shows

Heritage hotels: True to their roots

Ganga Kutir near Kolkata and House of MG in Ahmedabad are two hotels that give you a sense of place almost instantly

Commodities

Commodity
Price(Rs)
Change
(%)

28246.00
-6
-0.02

5681.00
+6
+0.11

42330.00
+90
+0.21

234.20
-2.7
-1.14

417.00
+2.1
+0.51

FEATURES

In Depth Rss icon

Sudhir Kumar Jain

Can govt banks ride the momentum for change?

Bogged down by inefficient boards, public sector banks have got mired in mounting bad loans and rising corruption

Vistara offers a ray of hope to full-service carriers

Full-service airlines may have been making huge losses in India, but Tata Sons and Jet Airways are raring to give the model a second chance

Real Estate

Real estate developers offer discounts to push sales

Discounts up to 15% expected this festive season; analysts expect Oct-Dec period to garner sales of at least 60k units across seven major cities

Brand World Rss icon

Seven of the top 10 brands come from services sector

HDFC Bank, Airtel, State Bank of India top BrandZ's 50 most valuable brand study

Crunching the numbers

This is the concluding part of a three-part series on how Facebook is helping advertisers reach the right audience

Business Education Rss icon

B-school cut-offs might go up with new CAT pattern

If difficulty level of exam is lowered, percentile cut-off may become higher