Meiyappan neither owner nor CEO of CSK: India Cements

India Cements, the owner of Chennai Super Kings (CSK) IPL team, today said that Gurunath Meiyappan is neither the owner, nor CEO/team principal of CSK

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Complete Coverage | Ranbaxy: in need of a booster dose

Read the latest news and views on Ranbaxy controversy as it unfolds

Pharma stocks are no longer a blind defensive play

The State Bank of India result suggests that the pharma sector is not in the pink of health

Pawar, Chavan meet traders on LBT; panel to be formed

An official said it has been decided to form a high-level committee headed by chief secretary, on the issue

British Airways to pay Rs.1.5 lakh compensation to Indian

Complainant Rabindra Nath Pati was prevented from boarding a flight from Philadelphia on his way home despite holding a valid ticket

UIDAI unveils three online identity authentication services

The authority is also setting up 300 Aadhar Kendras, which will be scaled up to 1,000 by September

IMF chief grilled for 2nd day over 2007 payout scandal

Lagarde has downplayed the investigation, but the stakes are high for both her and the IMF

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What punishment would you prescribe for sexual harassment at the workplace?

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Company Price (Rs) Volume Chg (%)
AP Paper 257.20 175618 15.26
Kaveri Seed Co. 1365.10 11347 11.00
U B Holdings 39.30 263107 9.93
JM Financial 25.15 2217604 9.83
United Spirits 2569.50 592846 6.55
Company Price (Rs) Volume Chg (%)
Info Edg.(India) 360.10 1845 -6.83
Wockhardt 1229.70 1202801 -6.50
V-Guard Inds. 448.70 17880 -5.57
Apollo Hospitals 901.45 53234 -5.09
Indian Infotech 15.00 23176 -5.06
Company Price (Rs) Volume Chg (%)
United Phosp. 157.35 252547 0.25
Finolex Inds. 130.15 282568 3.95
Castrol India 344.10 34636 1.19
Eicher Motors 3564.45 1964 3.18
United Spirits 2569.50 592846 6.55
Company Price (Rs) Volume Chg (%)
Wyeth 779.70 520 -0.64
MOIL 201.45 26691 -2.30
AIA Engg. 288.00 576081 1.41
Monnet Ispat 166.90 1815 -2.45
India Cements 71.65 354110 -1.38
Last Updated: Friday, May 24, 2013 | 04:00 PM IST
Company Price (Rs) Volume Chg (%)
U B Holdings 39.45 551081 9.89
JM Financial 25.15 7324937 9.83
United Spirits 2568.15 2230425 6.52
Oswal Green Tech 20.90 85202 6.36
D B Realty 75.80 469162 6.01
Company Price (Rs) Volume Chg (%)
Info Edg.(India) 360.55 14018 -6.29
Wockhardt 1234.10 5197902 -6.07
Apollo Hospitals 900.70 425303 -5.17
Tulip Telecom 12.30 245251 -4.65
Jet Airways 561.15 1161510 -4.31
Company Price (Rs) Volume Chg (%)
United Phosp. 157.55 1720518 0.19
Castrol India 345.00 176025 1.34
Finolex Inds. 130.35 454047 3.86
Maruti Suzuki 1674.90 743669 1.66
Eicher Motors 3582.45 14467 3.73
Company Price (Rs) Volume Chg (%)
ICRA 984.30 11454 -0.71
Aanjaneya Life. 64.00 248522 -2.59
MOIL 201.95 104598 -1.70
AIA Engg. 288.00 501959 1.41
Automotive Axles 253.30 1482 -1.75
Last Updated: Friday, May 24, 2013 | 04:10 PM IST

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Columnists

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An irrelevant austerity debate
Daniel Gros

It isn't domestic debt that should worry Europe's policy makers, it's external debt

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The bluff must be called
Shyamal Majumdar

One is tempted to take Phaneesh Murthy's claims with a bagful of salt

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Ranbaxy's dark chapter
Bhupesh Bhandari

Why have Indian authorities woken up to the Ranbaxy case only now? The matter had been simmering for several years

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Scaling the great wall of symbolism
Nitin Pai

Chinese Premier Li Keqiang's visit to India showed the impact of patient and persuasive diplomacy on both sides - but it's the outcome that will ...

BLOGS


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The great Indian academic anomaly
Kalpana Pathak

It appears authorities in the education system strive hard to stifle its growth instead of nurturing it

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Best among equals
Katya Naidu

Profitable infra firms are complaining about being treated on par with loss making ones

EDITORIAL COMMENT

What next for bonds?

There appears limited room for further gains

Sugar's still bitter

Decontrol was too partial to help

Financial X-ray

SBI's asset quality hasn't hit a bottom

Higher provisioning and operational costs eat into profitability

L&T: Q4 numbers disappoint, but valuations don't

Company has historically traded at 28% premium to the Sensex but now valuations on a par with the benchmark

BOOK REVIEWS

Whose land is it, anyway?

A comprehensive study attempts to answer the politics of land and land-acquisition in India

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Tokyo shift
Peter Thal Larsen


Japanese stocks join the global risk parade

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Scorched earth tactics
Christopher Swann & Kevin Allison


Solar subsidies don't merit costly trade war

CompaniesRss icon

Vijay Mallya riles banks more with 'unilateral' step

Cancels power of attorney to IDBI Trusteeship on pledged shares; bankers contend this isn't legally possible

Jyothy recasts Ujala amid competition from Hindustan Unilever

Ujala accounts for 75% of the Rs 440-cr fabric blue market. While Reckitt Benckiser's Robin Blue has a share of 3.5%, HUL has a share of about

TN opposes decision to dilute stake in Neyveli

State CM Jayalalithaa warns disinvestment will lead to labour unrest; also cites concerns of power disruption


SBI tightens lending norms, goes after NPAs

Steps up loan recovery to improve asset quality

SBI Q4 net profit falls 18.5%

Higher loan loss provisions, rise in expenses led to lower profit

Dentsu picks up Network18's stake in Webchutney

Network18 says this is part of plan to divest holdings in non-core businesses


RCom offers mobile connection to Aadhar holders

Customer won't need to submit photocopy of Aadhar documents; details will be verified via biometric device connection with Aadhar server

RCom tries to get back into the game

The company wants to woo post-paid customers and rent out its assets to cut debt; will the strategy work?

Airtel slides as peers rise in global brand ranking

Airtel is 89th this year, down 18 ranks from last year, in the Top 100 Global Brands report by WPP Group company Millward Brown


NTPC's non-core plans flounder

Seven years on, it does not have a single hydel or nuclear power plant and its coal mines are languishing

NHPC's Teesta project starts commercial operation

NHPC's current installed generation capacity is 5,300 MW

Realty, Infra shares witness sell off, Realty index slumps 6%

Unitech, HDIL, Jaiprakash Associates, Reliance Infrastructure, Indiabulls Real Estate and DLF are down by over 7% on BSE.


RoadMin to take up GMR Infra project issue with Committee of Secy

According to sources, GMR too ready to start the project with some preconditions

BHEL FY13 net profit down 6%

Slowdown in order inflows, high input cost pull down growth

BHEL: Results in line, but outlook remains bleak

Analysts are expecting BHEL's earnings per share (EPS) to fall from Rs 27.35 in FY13 to about Rs 19.5 in FY15. In this scenario, they believe ...


Siyaram Silk Mills expands retail biz, inks 27 franchise pacts

Firm aims at signing 90 deals by FY14-end, eyes 500 outlets in next four years

BCCI chief's kin comes under a cloud

India Cements stock cracks as betting accused names Chennai Super Kings CEO

Jai Corp looks to get out of Navi Mumbai SEZ

This is part of Jai Corp's efforts to raise funds as the investors of its real estate funds are increasingly demanding returns


Etienne Benet to take over as Nestle India Managing Director

Benet is currently the Chief Executive Officer of Nestle Central and West Africa Region

Nestle India hits new high

The stock has outperformed the market by gaining 8% post Q1 earnings compared to 2.3% rise in benchmark Sensex.

Nestle plans Punjab milk unit expansion

Dairy major Nestle India today said it will invest Rs 250 crore on expansion and modernisation of its existing milk plant at Moga in Punjab


Zee Entertainment: Positives factored in

While subscription revenue growth is expected to remain strong, subdued ad revenue growth and rich valuations limit upsides

Ad revenues will rise on better price realisations: SL Narayan

Interview with CFO, Sun group

Zee Entertainment Jan-Mar profit rises 10.7%

For the financial year ended in March 2013, ZEEL posted a profit of Rs 718.15 compared to Rs 590.71 crore in 2011-12 fiscal


Nava Bharat Ventures may restructure Odisha unit

The company is considering separating the two units to form special purpose vehicles (SPVs) for each

CARE's global JV to be christened ARC Ratings

Will take over the businesses of Portugal-based rating agency

Voltas: Hopes of recovery dashed

Voltas is feeling the heat of economic and investment slowdown, both in the domestic and international markets


Commodities

Commodity
Price(Rs)
Change
(%)

26305.00
-135
-0.51

43189.00
-382
-0.88

101.40
-0.4
-0.39

17970.00
-130
-0.72

5711.00
+28
+0.49

101.35
-0.5
-0.49

462.50
+13.25
+2.95

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In Depth Rss icon

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NTPC's non-core plans flounder

Seven years on, it does not have a single hydel or nuclear power plant and its coal mines are languishing

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RCom tries to get back into the game

The company wants to woo post-paid customers and rent out its assets to cut debt; will the strategy work?

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Akshaya Tritiya leaves real estate firms idling by

Even buyers have not been showing much enthusiasm in booking properties, due to high prices and the overall lacklustre economic environment

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Tang gets ready to dissolve in the crowd

The powdered beverage brand tries out on-the-spot sampling in modern trade

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Marquee brands set to jazz up fashion street

Entry of H&M, Gap and Uniqlo will change the game for casual-wear chains in India

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Pvt B-schools up the ante against AICTE's regulations

To approach HRD minister and apprise him of the hurdles before them

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Cheery city runner


Ford's EcoSport compact SUV has designer looks and comes loaded with innovative features. Does it have the mojo to beat its competitors?

Feather-touch ride

BMW's new 6 Series Gran Coupe is not just seductive and haute - its ride quality is better than its badge siblings'

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