Nifty snaps 10-day winning streak; Coal India & financials drag

The 30-share Sensex ended down by 499 points at 29,183 and the 50-share Nifty slipped 143 points at 8,809


Besides IMS, verticals like engg services also hold promise: Anil Chanana

Q&A with chief financial officer, HCL Technologies


Batsmen fail again as India fold up for 200 against England

Finn is top wicket taker with 3 for 36; It's a must-win match for India in order to meet Aussies in final


Govt to release revised estimates of GDP with new base year

The new measurement will set the base year as 2011-12 as opposed to the earlier 2004-05


Qatar Airways takes 9.99% stake in British Airways owner IAG

The airline may consider increasing its stake over time


If banks bite the broker bullet... will bring in more transparency, provide multiple choices and reduce mis-selling


RBI urges companies to hedge FX exposure

This, in order to fortify the country's defences against any risk of currency turmoil

BS Poll

Will Jayanthi Natarajan's resignation spark a rebellion in the Congress against Rahul Gandhi?

Can't Say  

People Rss icon

Live Markets

Powered by: SmartInvestor


Opinion Rss icon


The Eagle has not yet

Mihir S Sharma

Sadly, the India-US summit produced more spin than it did deals

Obama and Vishal - Good
photo op

Shyamal Majumdar

The US President was probably unaware that the son of a manual labourer had to abandon studies as his school closed down

Women in command?
Bhupesh Bhandari

The daughter is still some distance away from becoming a truly equal partner

After Alibaba spin-off,
Yahoo! may become a
takeover target

Michael J de la Merced

When the spin-off is complete & Yahoo! has shed its stake in the Chinese e-commerce giant, it's more likely to become hunted rather than hunter


Kavita Chowdhury: On the right to free expression

Defending the right to offend using the free speech argument, but circumscribed by the sensibilities of religious beliefs, is tricky

Abhishek Jha: The baffling case of Stuart Binny's selection

The 'allrounder' got a ticket on the World Cup bus yesterday. Abhishek Jha points out why this selection is biased in more than one way


Forward on disinvestment

But bunching up of stake sales not helpful

The currency conundrum

A clear case for applying brakes on rupee appreciation

Financial X-ray

Asian Paints: Weak show to test rich valuations

Poor volume growth and slower pick-up in new businesses might trigger earnings downgrade

Ashok Leyland's Q3 PAT below estimates

Higher tax rate, sequential fall in operating margin impact profit


Primary colours of the Indian stock market

Gautam Parikh provides a comprehensive view on the evolution of the stock market

Demolishing an idea of India

In Destruction of the Babri Masjid A G Noorani may seem alarmist, his language somewhat bitter

John Foley

It's complicated
John Foley

Alibaba gives crash course on government relations

Kevin Allison

Burger flipped
Kevin Allison

New McDonald's boss has the right ingredients

CompaniesRss icon

NTPC registers highest ever profit in Q3 FY 15

Compared to last year's Q3 the company registered a increase in profit of over 7%

Coal India 10% stake sale fully covered

Investors bid for 662 million shares of Coal India versus the issue size of 631.6 million shares

Ashok Leyland plans to halve debt level in 3 years

Company says it will continue to sell non-core assets and will continue other cost saving initiatives

Whirlpool of India Q3 net up 48% at Rs 31.54 cr

Net sales during the period under review stood at Rs 689.99 crore as against Rs 647.15 crore in the third quarter last fiscal

Akzo Nobel gains as net profit rises to 88%

The company posted 87.85% jump in net profit at Rs 50.74 crore for the quarter ended Dec 31, 2014

Authorities seal Pepsi's co-packer LA Bottlers' bores at Tiruchy

Move comes after local villagers protest, claiming drop in ground water levels

ICICI Bank Q3 net up 14% at Rs 2,889 cr; shares slump 6%

Bank's Gross Non-Performing Assets stands at Rs 13,083 cr

ICICI Bank dips over 5% post Q3 results

At 1445 hours, the stock was down nearly 6% at Rs 358 on National Stock Exchange.

Andhra Bank Oct-Dec net jumps over 4-fold at Rs 201.71 crore

Total income has increased to Rs 4,540.61 crore for the quarter ended December 31, 2014

Bharti teams up with Kotak for payment bank

Vodafone-YES Bank, Future-IDFC in talks; Idea Cellular may go solo

TTML to raise Rs 2,500 cr by issuing non-convertible debentures

Meanwhile, the company reported a standalone net loss of Rs 169 cr for the quarter ended Dec 31, 2014

Reserve price of 2,100-MHz spectrum stands at Rs 3,705 cr

The base price suggested by the Telecom Commission is around 35% higher than what telecom firms paid for in the 2010 auction

NTPC registers highest ever profit in Q3 FY 15

Compared to last year's Q3 the company registered a increase in profit of over 7%

SAT adjourns DLF appeal to Feb 6

Sebi has barred the company and key officials in a matter relating to disclosures made at the time of its IPO in 2007

Realty shares in demand; HDIL surges 10%

DB Realty, Indiabulls Real Estate, Kolte-Patil, Unitech, DLF, Anant Raj, Parsvnath and Mahindra Lifespace up 4-8% on BSE.

Today's picks- 29 January 2015

Nifty, Bank Nifty, Coal India, Ambuja Cement & BHEL

HAL board to be recast by April 1

The company has plans in place to invest Rs 7,000 cr over the next three years

BHEL commissions 600 MW thermal unit in Odisha

Company's scope of work in the contract includes design, engineering, manufacture, supply, erection and commissioning of steam turbines, ...

Today's picks- 29 January 2015

Nifty, Bank Nifty, Coal India, Ambuja Cement & BHEL

Astral Poly Technik posts 47.88% dip in Q3 net profit

Ahmedabad-based Astral Poly Technik Ltd. saw its standalone net profit for the third quarter ended December 31, 2014 for financial year 2014-15 ...

Welspun India's Q3 net up 31% in Q3

Revenues increased 22% to Rs 1,103 cr

Coal India 10% stake sale fully covered

Investors bid for 662 million shares of Coal India versus the issue size of 631.6 million shares

CIL stake sale subscribed 30% till 2 pm

The total issue of 63.16 crore shares got bids for 18.82 crore shares till 2 pm

Coal India dips over 3% as offer for sale opens

The share sale, if fully subscribed, will help the government mop up Rs 22,385 crore, including a greenshoe option

Hyderabad firm launches germplasm bank

The Rs 4 cr facility has 107 lockers in which germplasms will be stored from 5-40 years under minus 20 degrees temperature

GSFC's Q3 net profit stands at Rs 103.47 cr

Company's total income decreased to Rs 1344.64 cr

Nagarjuna Agrichem to focus on domestic market

The company has an estimated share of 4 pc in the Rs 13,200-cr domestic agrochemical sector

Sun TV stock unfazed by Marans' woes

Stock rises 1.25%; analysts remain bullish on the scrip

Shemaroo Entertainment extends rally on FIIs buying

FIIs acquired 886,270 shares representing 3.26% stake in Shemaroo Entertainment in past two trading sessions.

Dish TV hits 52-week high on trimming losses in Q3

The stock up 4% at Rs 77.50 on BSE after reported net loss of Rs 2.87 in December quarter against loss of Rs 38 crore in year ago quarter.

Mega share sales: Will the markets correct?

Most big offers hitting the market saw the broader indices correct 2-4%

10 of 12 OFS stocks have underperformed the markets

Out of the 12 companies that raised funds via this route, six stocks are trading up to 46% higher, while four stocks have recorded negative ...

ONGC arrests decline in crude oil production: Chairman

Company over the past decade has seen its output dip by at least 2-3% annually

Adani Enterprises shareholders to get ports, power co shares

The group's transmission company will be listed on stock exchanges

GAIL not to shut down plant but convert to supply feedstock

Company's Lakwa plant will continue to operate with change in product

ICRA gains after Q3 net up 21%

Net profit for the quarter ended December 2014 was up 21% at Rs 18 crore helped by strong growth in other income.

Beyond Business Rss icon

Majnu ka Tilla: Flashes of a Forbidden Kingdom

The narrow lanes of Majnu ka Tilla in north Delh hide many Tibetan marvels, from authentic food to vignettes of their lives

An unscripted performance explores the power of listening

Two Women Talking, an unscripted performance in the form of a conversation between two women, is a cathartic experience









In Depth Rss icon

Reforming FCI or cutting back food security?

Shanta Kumar Committee on restructuring FCI has suggested the reach of the National Food Security Act be curtailed to 40% of the population

Airlines get a chance to revive flagging fortunes

Dramatic drop in ATF prices could help airlines shore up their earnings - provided they don't spoil it with a fare war

Real Estate

How the ready reckoner affects property prices

Besides making property more expensive, the rates also affect existing owners with higher taxes

Brand World Rss icon

Voltas’ Crystal ACs keep Congressmen cool (Morarji Desai on the extreme left, with the ACs in the background)

Diversified Voltas' core saved it

From being a juggernaut in the Licence Raj, turning to ACs helped it survive

Kunal Jeswani, O&M’s CEO

Digital crowned again

If earlier digital advertising could be mistaken for an afterthought, increasing senior appointments suggest it is not so anymore

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