Nokia to transfer assets to Microsoft by April 25

I-T department, which slapped a Rs 21,000 cr tax notice, refuses to transfer Chennai plant unless dues remitted


Option prices shoot up in anticipation of new government

With election results to be announced on May 16, volatility in the market has increased sharply


4,500 Toyota workers to report for duty from Tuesday

TKM to conduct enquiry into suspension of 30 workers


PMO seeks status report on gas pricing

New price was to be effective from April 1 but the EC asked the govt to defer the implementation until voting in the LS polls ends


Japan trade deficit quadruples on-year in March to $14 bn

A weak yen pushed up post-Fukushima energy bills and other import costs


6 controversial books of the past year

Gas Wars: Crony Capitalism and the Ambanis is the latest title whipping up a storm with RIL serving a legal notice to its authors


Rupee sees biggest one-day fall in over a month

The rupee ended at Rs 60.59 compared with previous close of Rs 60.29 per dollar


Related-party deals tie firms in knots

Sebi's corporate governance code and the new company law regime have some clauses that have many Indian companies in a bind


Toyota's Fortuner is not one to waver

The Japanese major has maintained the lead of its premium SUV despite competition, and has grown its share despite a slump in segment's demand

BS Poll

Will Ajit Pawar's threat to Baramati voters weaken the NCP's chances in the polls?

Can't Say  

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Exim Matters: Keeping
place as global trade

TNC Rajagopalan

WTO forecast for 2014 premised on an assumption of 3% growth in global GDP at market exchange rates

The NIF option
Subir Gokarn

A National Investment Fund may provide the solution to the infrastructure mess

Coal politics in an
unequal world

Sunita Narain

Coal-based power provides 40% of world's electricity but emits 1/3 of global carbon dioxide, which is pushing world towards climate change

It's official - Change
is coming

A K Bhattacharya

Confident that the existing political dispensation is set to bow out of office, civil servants have already begun positioning themselves


Lots at stake for Laloo Prasad
Kavita Chowdhury

This election is a prestige issue for him, with high stakes in family buroughs of Pataliputra and Saran

Where is Mrs Modi, Mr Modi?
Jyoti Mukul

It is not important to have a regular guy for a PM, but, it is important to know the psyche of a person

Editorial Comment

Back to the future

Narendra Modi's economic vision needs greater clarity

Software leaders shine

But boom-related pressures will emerge

Financial X-ray

RIL exits FY14 on weak note, profit after tax rises 4.7%

Shale gas gains and higher gas prices may trigger earnings upgrade in FY15

Earnings upgrade cycle for HCL Technologies to continue

Broad-based growth across service lines to boost revenue growth


Sea change

Robert D Kaplan's Asia's Cauldron is a short book with a powerful thesis

Disruption as a political agenda

The Disrupter gets you thinking more carefully about the churning that is happening around us and of which the AAP is a catalyst

Jeffrey Goldfarb

Afraid of its shadow
Jeffrey Goldfarb

Blackstone leaves a trail of money to follow

Neil Unmack

End of a stigma
Neil Unmack

Securitisation reboot is harder than it sounds

CompaniesRss icon

Radico Khaitan extends fall, hits 7-month low

In past five trading sessions, the stock has declined 20% as compared to 1.5% decline in benchmark CNX Nifty.

Diageo to spend Rs 11,448 cr for another 26% in USL

At Rs 3,030 a share, offers 20% premium to average 60-day stock price

Good time for short-term investors to exit USL

Diageo's open offer is at an attractive valuation & factors in most of the near-term earnings upsides; however, those in for the long term ...

LIC Housing Finance Q4 net up 17%

Company had posted a net profit of Rs 316.16 crore in the January-March quarter of 2012-13

PNB sells its stake in India Factoring for Rs 108 cr

The bank has offloaded its stake in IFFSL to parent promoter FIM Bank Malta last month

MSCI rejig worries weigh on HDFC Bank stock

As of March 31, FII holding was 34%, against 34.9% in the previous quarter

Airtel tech head Jagbir Singh quits; Savargaonkar to take over

Singh was a member of the Airtel management board and director of the Network Services Group

Bharti Airtel CTO Jagbir Singh quits, Abhay Savargaonkar to take over

Company's regulatory and legal head Jyoti Pawar had also quit the company last month

KKR, Blackstone eye stake in Idea

Private equity giants bidding for a total of 8% in India's third-largest telecom operator by subscriber base

TCS, Mitsubishi to form software services company in Japan

TCS to hold 51% stake in the JV, which will be operational from July

Wipro far prefers continental Europe to EMs

Company's increased focus on continental Europe has started producing benefits, says T K Kurien

Infosys plans 'big increase' in US, Europe sales teams

To hire middle, junior level staff to mine client better, get new business

Lupin appoints Theresa Stevens to lead global M&As

Prior to joining Lupin, Theresa was with Aptalis pharma as the Chief Corporate Development Officer

AstraZeneca surges on takeover buzz

The US-based Pfizer has reportedly approached the London-based AstraZeneca PLC for a 60 billion pound takeover.

Biocon hits lifetime high on heavy volumes

At 1115 hours, a combined 5.23 million shares representing 2.6% of total equity of Biocon have changed hands on the NSE and BSE.

Tata Motors partners Royal Challengers Bangalore

RCB players in their inaugural match against Mumbai India wore jerseys having Tata Bolt branding

Hero forms JV in Bangladesh

The $40-mn JV with Nitol Niloy Group will allow Hero to retail nearly a dozen two-wheelers in Bangladesh

Bajaj management prejudiced against workers' demands: Union

On Thursday, Bajaj Auto managing director Rajeev Bajaj said the management will not tolerate another agitation at the company's Chakan plant

Jet-Etihad yet to tap synergies

A year on, deal between the two airlines still to gather momentum, partly due to management problems at Jet

'SpiceJet needs Rs 1,200-cr infusion'

The need for more funds comes at a time when the airline is expected to post losses of around Rs 1,000 crore in 2013-14

SpiceJet supports SunRisers Hyderabad

It is also the official airline partner for the team

GMR may bid for Ahmedabad airport's privatisation

GM Rao said that slowdown is a temporary phase and next year will be a very good year for India

Capital goods shares rally on FII buying

L&T, BHEL, AIA Engineering and Pipavav Defence from the capital goods space rallied 4% each on the BSE.

Alstom firm on bagging euro 30 million contract

The company will supply components and services for the 2x660 MW Banharpalli STPP in Jharsaguda, Orissa.

Analysts' corner

India Cements' stand-alone return ratios have remained subdued over the years due to weak profitability

Odisha seeks MoEF nod for Nalco's slurry pipeline

Wants to lay a slurry pipeline from its CPP at Angul to Bharatpur South coal block of MCL

Future Retail extends rally on talk of acquiring Nilgiris

The stock has rallied nearly 30% in past two trading sessions on back of heavy volumes.

Hindustan Zinc Q4 profit declines 13%

Company had posted a profit of Rs 2,166 crore in the same quarter of the previous financial year

Metal shares gain after SC lifts mining ban

Metal shares gained after the SC lifted iron ore mining ban in Goa and Sesa Sterlite up 5.5%

Five of eight Coal India subsidiaries miss output target

The state-owned mining company is the world's largest coal producer

Jubilant FoodWorks gain as RBI allows hike in FII limit

The Reserve Bank of India said that foreign institutional investors would be able to purchase up to 55% of the paid-up capital in the company.

Clearance delays push RCF's project cost by Rs 500 cr

Sources added that only last year the project got pre-Public investment Board clearance and presently it is stuck at the PIB level

Deepak Fertilizers in expansion mode

Company is planning to set up a new facility at Paradip in Odisha

RIL gas discoveries: Govt bid to relax norms taken to SC

Suit to take back fields, on ground of unwarranted windfall gain for Reliance

RJio signs pact with American Towers

ATC India has 11,000 mobile phone towers in the country

Reliance Industries gains post Q4 results

Q4FY14 operating profit grew 3% yoy at Rs 10,367 crore on account of improvement in profit from refining segment and petrochemical segment.

Petronet invites bids to lease out LNG storage tanks at Kochi

Company plans to lease out a part of the storage capacity for a period of about two years initially at Kochi

Hinduja Ventures appoints Chintopanth as Group CFO - Media

He will be responsible for finance of all media group companies including its flagship IndusInd Media and Communications Limited

Liberty Shoes rallies on four-fold jump in Q4 net

Q4FY14 net profit soared to Rs 4.27 crore from Rs 0.97 crore in the same quarter last fiscal.

Technology Rss icon

S5: The evolution of the Galaxy

Latest device from Samsung has the punch to be counted among the top smartphones of the ...

Beyond Business Rss icon


Soccer's moment

Can the Indian Super League revive football in the country?

They've got the looks

The author follows a Narendra Modi lookalike in Mumbai and Rajat Ghai finds a Manmohan Singh double who lived in Delhi until recently









In Depth Rss icon


The challenge: a bank account for everyone

With less than 60% of households having access to banking services, India has a long way to go before financial inclusion becomes a reality

The man who reined in Bengal's books

From tackling inherited debt to managing TMC's populist policies, Amit Mitra has worked adroitly to bring Bengal's finances back on track

Real Estate Rss icon


Realtors woo customers through buy-back schemes

Experts say through buy-back schemes, developers, cash-crunched or otherwise, are able to raise funds at much cheaper costs

Brand World Rss icon

Toyota's Fortuner is not one to waver

The Japanese major has maintained the lead of its premium SUV despite competition, and has grown its share despite a slump in segment's demand

Price pyrotechnics: Be good in difficult times

This, in turn, has led the FMCG companies to increase the prices of some of their essential products like soaps and detergents

Business Education Rss icon

Ashish Nanda

IIM-A joins hands with Harvard, MIT and Berkeley for research

Institutes to address bottom of the pyramid issues; joint research to up IIM-A's world ranking


Power hungry? Not a chance

Toyota has chosen to shun diesel and go the green way with its new Camry. Fitted with a hybrid engine, the sedan is a great drive that doesn't ...

It's about xcellence

Hyundai's newly launched entry-level sedan, the Xcent, offers value for money and a bit of bragging rights