MARKETS »

Nifty eyes 8,300; Sesa Sterlite surges nearly 5%


The 30-share Sensex was up 232 points at 27,473 and the 50-share Nifty was up 70 points at 8,271

COMPANIES »

After Trai memo, Bharti Airtel holds launch of new VoIP charges


The cellular operator's move comes after the telecom regulator said it would issue a consultation paper on OTT players, including VoIP

ECONOMY »

GDP growth expected to be 'much better' in 2015-16: FM


India's economy is expected to grow 5.5% in the current financial year

AROUND THE WORLD »

AirAsia shares fall 7.8%, biggest drop in 3 years after plane goes missing


Analysts say incident will affect company's prospects to improve yields, profit in 2015

CURRENT AFFAIRS »

Missing AirAsia plane 'likely at the bottom of the sea': official


Indonesia's National Search and Rescue Agency chief says it is reaching out to countries for submersible vehicles

THE STRATEGIST »

Winning in a slow-growth economy


A good way to navigate a downturn is to take 'slow in, fast out' approach. Smart firms set up early warning systems, which help them plan better

FINANCE »

Private life insurers begin bond buying as premiums pick up


See 10% growth in new business premiums allowing them to have a higher investable surplus

OPINION »

COLUMNIST »


Subir Gokarn: Tipping points and Goldilocks conditions

A growth spurt requires many positive factors to converge, implying time and uncertainties

Editorial Comment »


The institutional gap

Transforming institutions key to India's development

ON THE BEAT »


Where's your data, Mr Pai?

For all its alleged inducements, mass conversions to Christianity haven't happened earlier, nor are they likely now, argues Sachin P Mampatta


PERSONAL FINANCE »


Year of real returns

For the first time in five years, real returns for both debt and equity have turned positive - a lesson for investors that they should be ...


BS Poll

Who should the PDP form the J&K government with?

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Derivatives

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Columnists

Tipping points and
Goldilocks conditions

Subir Gokarn

A growth spurt requires many positive factors to converge, implying time and uncertainties

What Narendra Modi won't
ask bankers

Debashis Basu

Mr Modi is scheduled to interact with bankers on second day of retreat for banks branded 'Gyan Sangam' in Pune on January 2-3

Facing the fiscal rites
of passage

A K Bhattacharya

The govt might have zeroed in on a strategy to deal with politically difficult reforms but it will face a big question on its fiscal policy

The road to a slow
recovery

Devangshu Datta

2015 could be a good year for India if the Budget hits the right spot and key reform Bills are transmuted into Acts

BLOGS


Give them a fair chance
Somasroy Chakraborty

Old private banks that escaped nationalisation of 1960's and 1970's typically began as community banks

Cheers to the perfect cup of tea
Kavita Chowdhury

Musings on December 15, the International Tea Day

EDITORIAL COMMENTS

The institutional gap

Transforming institutions key to India's development

A remarkable bull run

But what do the markets expect from 2015?

Financial X-ray

Yes Bank: NIMs to expand 15-20 bps in FY16

Focus on retail franchise and fall in cost of funds to drive earnings growth

Order boost, inhaler sales key triggers for Cipla

Street to keep an eye on margin improvement and launch of combination inhalers

BOOK REVIEWS

West Asia's lost minorities

Gerard Russell in his new book chronicles emergence religious minorities that have been overshadowed by Judaism, Christianity and Islam

How Sachin created a cricket humourist

Vikram Sathaye shares his experiences from his time spent with the Indian team as a sort of unofficial groupie

Daniel Indiviglio

Home run
Daniel Indiviglio


US housing demand is building

Martin Hutchinson

Geek's gold
Martin Hutchinson


Bitcoin's defects will hasten its demise in 2015

CompaniesRss icon

HUL: Lower input costs, double digit demand to drive earnings upgrade

Analysts expect company to command premium valuations as it is growing ahead of the pack

Today's picks- 25 December 2014

Nifty, Bank Nifty, Cairn, Hindustan Unilever & Ultratech Cement

40 years ago...And now: Prestige expands but with caution

It has had to bring back its popular tagline, expand beyond south India to make its diversification work


ING Vysya Bank employees to strike on Jan 7

Employees will demand job security after the merger with Kotak Mahindra Bank

40 years ago...And now: SBI and the big bank theory

Despite taking the initiative in several areas, the country's biggest bank does not meet the aspirational needs of the younger generation. Work ...

Ordinance boost: RCap eyes foreign funds in insurance ventures

Reliance Capital will soon begin active discussions for Japanese giant Nippon Life hiking its stake in Reliance Life Insurance Company


Spice Mobility rallies 20% on voluntarily delisting plan

The board will meet on January 02, 2015, to consider the proposal received from the promoter to voluntarily delist the equity shares of the ...

Idea Cellular: Spreading its wings

Idea Cellular went full throttle on targeted expansion and made the most of dwindling competition

Airtel rolls out special data packs for VoIP

Airtel defends move by citing huge investments in network, says business needs to be viable and sustainable


Chennai-based group eyes legal recourse against TCS' pink slips

Says more than 120 who lost jobs have approached it; TCS says workforce optimisation leads to some involuntary attrition, nothing out of

Bringing a cultural shift to Infosys is biggest challenge in 2015: Sikka

CEO Sikka says Infosys will be a services company that uses software in a big way; says will get IT services industry to focus more on ...

Zensar signs three deals in IM space worth $12mn

To expand in Europe;looking for acquisition in Germany


Glenmark Pharma up on plans to out-license molecule for pain management

The molecule, GRC 17536, is expected to have a market potential worth $1 billion.

Lupin eyes acquisitions in US, Europe

During the last fiscal, global markets (excluding India) accounted for around 75% of the total revenues of the company,

Order boost, inhaler sales key triggers for Cipla

Street to keep an eye on margin improvement and launch of combination inhalers


TVS Motor: The dark horse

TVS Motor isn't the traditional 'uncle' brand anymore. A look at the company's endeavours in its fight for greater relevance and market share

Cyrus Mistry's to-fix list remains formidable

Indian Hotels, Tata Steel, Tata Teleservices, Tata Motors, Tata Power need some immediate attention of the Tata Group chairman

Tata Motors rolls out 123 AC buses for Ahmedabad Janmarg

New buses in addition to the order bagged by the company for 3,200 buses under the JNNURM - phase II scheme


DB Realty soars on heavy volumes

The stock rallied 10% to Rs 60 after the company said it has received full occupation certificate for its project in suburban Mumbai.

States face power deficit as Power Grid delays transmission lines

In most cases, the commissioning date has been extended by at least three years

BSES plans to launch mobile app for power supply transparency

Initially, the app will run only on Android phones, but will be extended to other platforms later


Funds raised via IPOs in 2014 set to be lowest in over a decade

The Rs 1,201 crore raised collectively by five companies in 2014 is the lowest since 13 companies' Rs 296 crore via IPOs in 2001

Ajay Singh: Forty companies, a dispute and some defaults

SpiceJet's saviour has interests across sectors; some of those could come under scrutiny. Business Standard explores

Kingfisher not a wilful defaulter, says HC

Calcutta HC dismisses United Bank of India's decision on technical grounds


JSPL opposes change in end use norms of coal

Coal Ministry has earmarked 101 coal blocks for e-auction including 18 blocks in Odisha

Coal block auction: CIL seeks clarity on three mines

These three blocks figure in the 'Schedule I' list of those coal mines, which are being auctioned afresh

Panel asks govt to take immediate steps to boost SAIL profitability

The Committee unhappy to note decline in profit by more than Rs 4,000 cr in 2013-14 as compared to that in 2009-10


Tata Chemicals to target FMCG market

TCL is going through a restructuring programme to prune its debt

Sugar stocks still not out of the woods

The ethanol price decision will have limited benefits; prospects will look up only with a revival in the sugar cycle

GSK Consumer elevates marketing head Jayant Singh to regional position

Singh will head to Brazil, while company veteran Prashant Pandey will replace him in India


Funds raised via IPOs in 2014 set to be lowest in over a decade

The Rs 1,201 crore raised collectively by five companies in 2014 is the lowest since 13 companies' Rs 296 crore via IPOs in 2001

Sun TV: Positive macros, operational worries

Expectation of advertising recovery and subscription growth are positives but weakening position a worry

Sun TV: Positive macros, operational worries

Expectations of advertising recovery and subscription growth are positives while weakening competitive position is a worry


RIL plans a turnround of manufacturing site near Raigad

The unit comprises an ethane and propane gas cracker and five downstream plants for the manufacture of polymers, fibre intermediates and ...

IOC to start land acquisition for expansion of Gujarat facility

The state-run refiner will invest Rs 5,000 crore to increase its overall capacity to 18 million tonnes

Alphageo (India) surges over 10% in two-days on winning contract from Oil India

The company said it has been awarded Rs 10.42 crore contract from Oil India.


Commodities

Commodity
Price(Rs)
Change
(%)

27057.00
+473
+1.78

3544.00
-6
-0.17

37333.00
+888
+2.44

400.60
-3.6
-0.89

195.10
-1.3
-0.66

FEATURES

In Depth Rss icon

Can India crack the Russian market?

Trade sanctions on Russia by Europe and the US offer an opportunity for India, but the devaluation of the rouble may play spoilsport

Foxconn workers wait for a ray of hope in new year

As company suspends operations, about 1,700 workers are staring at bleak future, pinning hopes on the next round of talks with mgmt

Real Estate

Weak real estate sector hits ceramic industry hard

The ceramic industry in Morbi, as it faces a downturn in business because of weak demand from the real estate sector

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Nick's toons revel in telefilms

Besides extending its original Indian characters to merchandise and on-ground events, Viacom18 is stepping up telefilms based on these

More than Being Human

The brand's licence-holder, Mandhana Retail, eyes a bigger play in licensed brands and extensions

Business Education Rss icon

BITS Hyderabad opens its doors for overseas students

To start with, at its Hyderabad campus, it would take 50 foreign students for its more than a dozen undergraduate programmes from next year