Why the US backs India's great solar bet

With a population of more than 1.2 billion and nearly 300 million unconnected to the electricity grid, India is an energy-starved nation

MARKETS »

Nifty slips below 8,900; L&T, BHEL dip over 2%


The 30-share Sense is down 91 points at 29,481 and the 50-share Nifty has lost 20 points at 8,890

COMPANIES »

ONGC share sale scheduled for this fiscal: oil minister


Says will take into account market conditions for divestment

ECONOMY »

Cost implications of insurance package to be insignificant: AEC Chairman


Q&A with Ratan Kumar Sinha on the specifics of the insurance pool for nuclear plant suppliers post India's agreement with the US

AROUND THE WORLD »

Apple's iPhone sales smash Wall St expectations, profit sets global record


70% rise in sales in China, shares rise 5%

CURRENT AFFAIRS »

Heavy snowfall bane of reconstructing Kedarnath


Uttarakhand govt sets up panel to monitor works

FINANCE »

Private banks' low cost deposit share dips in Q3


Festive season cash demand, current a/c deposit slowdown to blame

Obama's India Visit »

Make in US, sell in India deal for renewable energy


Investment announcements aimed to boost American solar companies' export to India

BS Poll

Who is the more powerful orator?

Barack Obama  
Narendra Modi  

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Derivatives

Opinion Rss icon

Columnists

Restoring federal
balance

Andy Mukherjee

Finance Minister Arun Jaitley should give India's states more fiscal breathing room

Up the endless judicial
ladder

M J Antony

The revolving door to justice clutters the legal system

Why persist with nuclear
power?

Subir Roy

India will not change its nuclear liability law; instead, it will create a government fund to address claims resulting from an accident

Blind faith in Samsung
makes Cheil revamp an
expensive bet

Seonjin Cha

Even some professional money managers who own Cheil shares aren't clear how the South Korean conglomerate will create value for stockholders

BLOGS


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

EDITORIAL COMMENTS

Three days in New Delhi

US president's trip removes some major irritants

The two RKs

The brothers helped shape India's view of itself

Financial X-ray

Maruti Suzuki: One-offs offset gains from higher volumes in Q3

Volume growth might stay strong, given existing portfolio's traction

Jewellery segment adds sheen to Titan's earnings

Due to a revival in consumer sentiment, the management remains positive on growth

BOOK REVIEWS

A cold, hard look at the metaphor for death

For cancer to develop, the p53 gene has to malfunction or its activity has to be suppressed. Till 1989, gene was supposed to be cause of disease

Decoding Marissa Mayer

Nicholas Carlson presents her as a complex personality who defies most stereotypes

George Hay

Precarious existence
George Hay


Greek banks will have to live hand to mouth

Robert Cyran

Bundle of energy
Robert Cyran


An $18-bn deal straightens out twisted pipelines

CompaniesRss icon

Ajanta Pharma zooms on robust Q3 results; stock split plan

The stock surged 14% to Rs 2,720, hit a record high of Rs 2,749 on BSE in intra-day trade.

Venus Remedies hits 52-week low on stake sale by Morgan Stanley

The stock has dipped 8% to Rs 177 on the BSE after the company said Morgan Stanley 38,392 shares through market sale.

Jaiprakash Power likely to default on $200 mn convertible bonds

But says it should be able to pay its dues by 31 March, 2016


SBI nears record high on fund raising plan

The stock up 2% at Rs 335, is 5% away from its record high of Rs 352 touched on November 8, 2010 during intra-day deal on BSE.

Private banks' low cost deposit share dips in Q3

Festive season cash demand, current a/c deposit slowdown to blame

SBI to raise Rs 15,000 cr via equity offering

Keeps option open for overseas issue


Idea net jumps 64% to Rs 767 cr in Q3

Subscriber addition of 22 mn in 2014 the highest in segment; plans to keep debt ratio under control despite key spectrum auction

Airtel to expand 4G in six more circles; inks pact with Nokia

The new circles where Airtel will launch 4G services are AP, North East, Punjab, Rajasthan, Himachal and Karnataka

Idea Cellular posts 64% profit rise in Q3 as subscriber numbers grow

MoMonthly ARPU, a key metric for telecoms carriers, increased by Rs 10 to Rs 179 in the quarter


Ajanta Pharma zooms on robust Q3 results; stock split plan

The stock surged 14% to Rs 2,720, hit a record high of Rs 2,749 on BSE in intra-day trade.

Venus Remedies hits 52-week low on stake sale by Morgan Stanley

The stock has dipped 8% to Rs 177 on the BSE after the company said Morgan Stanley 38,392 shares through market sale.

Ranbaxy loses exclusivity on heartburn drug in US

FDA allows Teva to launch Nexium generic; Cipla, which supplies formulation, to gain


Maruti Suzuki hits new high on brokerage upgrades

Analyst at Karvy Stock Broking reiterate "BUY" rating on the stock with a target price of Rs 4,300 per share.

Amara Raja Batteries dips post Q3 results

The stock dipped 5% to Rs 850 after reporting 7.3% year on year growth in net profit at Rs 102 crore in December.

Maruti Suzuki setting up 100,000-unit line for LCV Super Carry

Factory's total output to be cut by a third this year


Jaiprakash Power likely to default on $200 mn convertible bonds

But says it should be able to pay its dues by 31 March, 2016

Godrej Properties hits 52-week high on strong Q3 results

The stock hit a 52-week high of Rs 288 after reporting 27% yoy growth in net profit at Rs 47 crore in December quarter.

Godrej Properties Q3 net up 26% at Rs 47 cr

Total income more than doubled at Rs 539 cr; re-appoints Pirojsha Godrej as MD & CEO for three years


Siemens profit meets estimates

Revenue increased 5.1 per cent to euro 17.4 billion

Hitachi Home dips on open offer by Johnson Controls, Inc

Johnson Controls, Inc have made an open offer to acquire 25.75% stake in Hitachi Home at Rs 821.38 per share.

Indian stocks among the most expensive

HUL, UltraTech Cement, Asian Paints, L&T and HDFC Bank top global valuation charts


GHCL surges on strong Q3 results

The stock rallied 10% to Rs 83 after reporting 55% year on year growth in net profit at Rs 42 crore in December quarter.

Max India to be split into 3 units

Will bring structural clarity, says promoter Analjit Singh; new entities to be listed to unlock value

Max India to be split into three separate companies

Splits life insurance, health business into separate entities


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

After FMCG majors disappoint, all eyes on next rung

Analysts awaiting earnings of Colgate-Palmolive, Asian Paints, Emami, Dabur and Tata Global Beverages


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.


Adani group shares rally; Adani Enterprises soars 8%

Adani Power soared 7% to Rs 50.65, while Adani Port and SEZ gained 5% to Rs 346 on BSE.

Sun Pharma Advanced Research zooms 60% in one week

The stock rallied 13% to Rs 316, extending its past four day's over 40% rally on BSE on back of heavy volumes.

Zomato to launch cashless payment service in Dubai

Gurgaon-based Zomato, one of the fastest growing start-ups in India, will unveil its cashless payment service in Dubai next month


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

Commodities

Commodity
Price(Rs)
Change
(%)

27825.00
-77
-0.28

2817.00
-25
-0.88

39360.00
-170
-0.43

338.25
+2.25
+0.67

177.40
-5.4
-2.95

FEATURES

In Depth Rss icon

With a taste for buyouts, Zomato takes on the world

WIth six acquisitions in the past six months, the online restaurant search service has expanded its presence to 22 countries

Kuoni

How Kuoni fell behind in the travel trade

The Swiss company's problems in India were because of its technological inability to cater to the changing nature of holidays that has altered ...

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

SureWaves: Getting local

The Bengaluru-based firm ties up with Hansa Research for a real-time audit of ad spends on its 450 local cable channels

Twin team of Dish TV and Zing on the beam

With Dish TV’s high-ARPU focus on HD & sports content & Zing’s regional, low-cost model, combination has increased overall share in some markets

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