MARKETS »

Nifty ends below 8,350 amid choppy trades; FOMC eyed


HDFC posted a mere 1.2% increase in its net profit while Maruti Suzuki reported 56% growth in its net profit

COMPANIES »

HDFC Q1 net profit up 1.21%


The loan book jumped by 13.6% to Rs 2,31,224 crore annually

ECONOMY AND POLICY »

India to reinstate wheat import duty after big deals


The govt decides to introduce import duty of 10% on wheat after a gap of eight years

CURRENT AFFAIRS »

President Kalam's aide recalls his last moments


Srijan Pal Singh was onstage with Kalam in Shillong when he collapsed and was taken to hospital

AROUND THE GLOBE »

Oil prices drop toward four-month lows on glut worries, equities sell-off


Investors are now eyeing weekly data on US inventory levels for further trading cues.

BRAND WORLD »

Bajaj stretches the Pulsar effect


The auto major extends the brand across price points while trying to steer clear of past mistakes

FINANCE »

We will be among first to hike stake to 49%: AEGON Asia chairman


Q&A with Douglas Henck, chairman and CEO, AEGON Asia

Have Your Say




Pay your tributes to Dr A P J Abdul Kalam here

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Derivatives

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Columnists

Tax Games - chasing
money & power

Ajit Balakrishnan

Analysis of the political economy of taxation can be as entertaining as an IPL cricket match and as naked a pursuit of wealth

Why so serious, Mr CEO?
Shailesh Dobhal

Communication from the corner offices of India Inc remains stiff even when the world around has moved on

Behind the big FT sale
Indrajit Gupta

The FT sale is significant for a variety of reasons. One, the global media business is in turmoil

Escaping the Greek debt
trap

Barry Eichengreen, Peter T Allen & Gary Evans

Greece and the EU should contractually link changes in the terms of the country's EU loans to milestones in structural reform

BLOGS


Monetary policies and exchange rates

A V Rajwade analyses the root of the supposedly strong relationship between rising interest rates, capital flows and currency appreciation

The needless public discourse on sexism in Bahubali

Sexism in Bahubali cannot be denied but don't expect any outrage that will change the workings of the regressive Telugu film industry

EDITORIAL COMMENT

Houses divided

Continuing to disrupt Parliament is dangerous

Components success

The sector that shows 'Make in India' is possible

Financial X-ray

Tech Mahindra: Margin decline may be a thing of the past

Revenues from top 5 clients seem to have stabilised at 33%; return to growth a few quarters away

Lower realisations hurt profitability of Ambuja

Cement sales volumes surprise positively but not enough to offset impact of soft realisations

BOOK REVIEWS

A Dalit's story

Ms Gokhale, it may not shock readers today but it will certainly burn through their skins by the time they are done reading 299 pages of book

A China strategy for the US

"China has major incentives to avoid unnecessary conflict," writes author Thomas J Christensen

Payment not guaranteed
Robyn Mak


China worries start now for Visa and MasterCard

Too much weight
Olaf Storbeck


Only pilots can end Air France's flight to nowhere

CompaniesRss icon

Dish TV posts Q1 profit at Rs 54 cr

Despite Q1 being a relatively weak quarter seasonally, Dish TV gained subscribers both in the Phase 3 and Phase 4 markets

Didn't expect a turnaround so quickly: SpiceJet chief Ajay Singh

The airline had a net profit of Rs 71.8 cr in Q1 of 2015-16 against a loss of Rs 124 crore in the same period last year

Few cheers in PNB first quarter results

There was a small improvement in bad loans but credit growth remains below par


Few cheers in PNB first quarter results

There was a small improvement in bad loans but credit growth remains below par

PNB identifies 400 wilful defaulters; to sell 3K cr NPAs

Says work is on for strategic debt restructuring as per RBI guidelines

Syndicate Bank dips on disappointing Q1 results

The stock dipped 9% to Rs 90 after the bank reported 38% YoY fall in net profit at Rs 302 crore in June quarter.


Tech Mahindra net up 7.2% on foreign exchange gains

Margins for the quarter came in at 12.1%, which were affected due to the acquisitions made by the company

Tech Mahindra: Margin decline may be a thing of the past

Revenues from top 5 clients seem to have stabilised at 33%; return to growth a few quarters away

Microsoft's Win10 a game changer

In India, the enterprise may wait and watch for 6-12 months


Torrent Pharma hits new lifetime high on strong Q1 results

The stock rallied 9% to Rs 1,520 after the company posted a 75% Y-o-Y rise in consolidated net profit at Rs 449 crore in the June quarter.

Teva pays $40.5 bn for Allergan's generics arm, dumping Mylan

Teva will pay $33.75 billion in cash and $6.75 billion worth of shares

EU-ban will impact $1 bn pharma exports from India: Pharmexcil

Drugs made and sold directly by Indian firms make up 30% of this value, the rest comes from products sourced by global generic players from


Tyre stocks gain; Ceat up 4%

Goodyear India, Ceat, Apollo Tyres, JK Tyre & Industries and MRF were 1%-5% on the BSE.

Hero Motocorp to buy assets of bankrupt US company

Will acquire tangible and intangible assets of Erik Buell Racing for a consideration of $2.8 mn

Maruti Suzuki net jumps 56% to Rs 1,192 cr in Q1

Net sales of the company grew 18% to Rs 13,078 crore annually


No premium housing project launched in Mumbai in H1, 2015: Report

Housing sales worst since global financial crisis, says Knight Frank

CNX Realty index hits 52-week low; DLF, HDIL down 5%

HDIL, DLF, Godrej Properties, Prestige Estates, Sobha and Unitech were down 1%-5% on the NSE.

KEC International gains as Q1 profit more than doubles

The stock surged 5% to Rs 158 after the company reported net profit of Rs 30 crore in June quarter against Rs 11 crore in the year-ago quarter.


Didn't expect a turnaround so quickly: SpiceJet chief Ajay Singh

The airline had a net profit of Rs 71.8 cr in Q1 of 2015-16 against a loss of Rs 124 crore in the same period last year

Mahindra Holidays net grows 25% to Rs 25 cr in Q1

Net sales of the Mumbai-based company closed at Rs 215 cr

Mahindra Holidays to add 700 units in 3 years

Company has lined up both green field and brown field projects


Thermax Q1 net jumps 49% at Rs 62 crore

Company has decided to set up a new manufacturing facility on the east coast of the country

Blue Star Q1 net up 26% at Rs 39 cr

Net sales during April-June, 2015-16 were at Rs 902.46 crore

We aim to double revenues in 4 years: Baba Kalyani

During last year, Bharat Forge also strengthened its balance sheet retiring debt of around Rs 530 crore, including Rs 407 crore high cost rupee ...


OCL India gains on robust Q1 earnings

Net profit for Apr-Jun 2015 surged 26% to Rs 49 crore compared with Rs 36 crore last fiscal

KPR Mill touches record high on good Q1 results

The stock surged 10% to Rs 706 after the company reported a 28% Y-o-Y jump in net profit at Rs 50.49 crore in the June quarter.

Ambuja's net dips 45% to Rs 226 crore on weak prices

The cement maker says mixed macro-economic indicators point sluggish growth in cement demand in short term.


Lenders take over mgmt control of Electrosteel Steels

SBI Caps to scout for buyer, in talks with Singapore-based steelmaker for takeover after talks with Tata Steel fall through

Today's picks- 27 July 2015

Nifty, Bank Nifty, Hindalco, Tata Steel & NMDC

SAIL's special unit at Salem signs MoU with Butterfly Group

Stainless steel utensils, kitchenware & tableware will be manufactured from this unit


Rallis: Monsoon key to revival in performance

July has seen a revival in monsoon and if the pace continues, Rallis can rebound

Coromandel International Q1 net declines 60 per cent

Company's total turnover up by 16% to Rs 2,181 cr

Nestle India gains 3% on the NSE

On July 24, Nestle India announced that Mr. Etienne Benet, managing director, is leaving the company with effect from July 25, 2015.


Dish TV posts Q1 profit at Rs 54 cr

Despite Q1 being a relatively weak quarter seasonally, Dish TV gained subscribers both in the Phase 3 and Phase 4 markets

Dish TV posts Q1 net profit of Rs 54 crore

Total income on consolidated basis was up 19.19%

Delhi HC observes Marans don't have controlling stake in Digital Radio

While Kalanithi Maran indirectly holds 21% share in the two companies, 51.1% shares are with Rao-Reddy group, it was observed


Reliance shale gas returns turn negative in US

Company is cutting down on its capital expenditure to $275 million in the June quarter

What brokerages have to say on Reliance Industries' Q1 results

Analysts are positive on the RIL stock and maintain "buy", "overweight" or "outperform" rating

Reliance Jio in talks with 28 handset brands to sell 4G devices

Also engaged with five chipmakers such as Intel and Qualcomm for smooth access of 4G connectivity


Justdial Q1 net up 18% at Rs 33.2 crore

Total income from operations grew by 24.87% to Rs 168.62 crore

Info Edge: Margin pressure to continue

Firm continues to invest in growth potential businesses and this will go on for a while; analysts take optimistic long-term view

KDDL zooms 20% on preferential issue plan to SAIF Partners

The board approved the issue of equity shares to SAIF India V Fll Holdings at a price of Rs 297.50 per share.


Beyond Business Rss icon

Drama on my platter at Nautanki in Ahmedabad

Nautanki in Ahmedabad offers a rare gastronomical experience but needs to do more

Towering over the Statue of Liberty

The world's tallest sitting statue is coming up near Hyderabad. The author looks at the ambitious project

Commodities

Commodity
Price(Rs)
Change
(%)

24732.00
-167
-0.67

3047.00
-32
-1.04

33650.00
-280
-0.83

337.30
+1.15
+0.34

180.70
0
0

FEATURES

In Depth Rss icon

Honda, Hero prepare for final showdown

As Honda draws up aggressive plans to expand into the rural market, Hero MotoCorp is readying a new range of scooters

What makes the Give It Up campaign click

Over a million households have surrendered their cooking gas subsidy. The author finds out what has made the campaign successful

Start-ups

Street where learners, teachers meet

Cloud-based Linkstreet helps clients create, store, manage and monetise video content

Brand World Rss icon

Bajaj stretches the Pulsar effect

The auto major extends the brand across price points while trying to steer clear of past mistakes

Brands don't mix with bad boys

Salman Khan is an exception but even he had to come up with the image of a bratty boy with a heart of gold, courtesy 'Being Human'