MARKETS »

Markets firm; metal, banks gain


Heavyweights like Reliance Industries, ITC and ICICI Bank lead early gains

COMPANIES »

TCS, Mitsubishi to form software services company in Japan


TCS to hold 51%, Mitsubishi remaining 49% of the Japanese JV

ECONOMY »

Scanner on slipping indirect tax collection


CBEC to dig into industry data, third-party sources to study sectors lagging in collections

AROUND THE GLOBE »

Nikkei hits two week-high in subdued trade


Exporters among gainers as yen slips to 2 1/2-week low

CURRENT AFFAIRS »

8-10% higher voter turnout so far: V S Sampath


On the alleged threatening of voters by Maharashtra deputy chief minister Ajit Pawar, he said EC is awaiting a report in this regard

FINANCE »

Catholic Syrian Bank may face pressure


High operating and credit costs to hit bottom line, says India Ratings

BUSINESS LAW »

Related-party deals tie firms in knots


Sebi's corporate governance code and the new company law regime have some clauses that have many Indian companies in a bind

OPINION »

COLUMNIST »


A K Bhattacharya: It's official - Change is coming

Confident that the existing political dispensation is set to bow out of office, civil servants have already begun positioning themselves

Editorial Comment »


Back to the future

Narendra Modi's economic vision needs greater clarity

BRAND WORLD »


Toyota's Fortuner is not one to waver

The Japanese major has maintained the lead of its premium SUV despite competition, and has grown its share despite a slump in segment's demand

PERSONAL FINANCE »


Getting big returns from small stocks

These are currently rising faster than their large-cap counterparts. Yet, tread carefully and invest only in sound companies


BS Poll

Will Ajit Pawar's threat to Baramati voters weaken the NCP's chances in the polls?

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Derivatives

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Columnists

The NIF option
Subir Gokarn

A National Investment Fund may provide the solution to the infrastructure mess

Coal politics in an
unequal world

Sunita Narain

Coal-based power provides 40% of world's electricity but emits 1/3 of global carbon dioxide, which is pushing world towards climate change

The Dilli ka laddoo
situation

Devangshu Datta

The inverse relation between the rupee's strength and export growth points to currency risks for investors in both directions

It's official - Change
is coming

A K Bhattacharya

Confident that the existing political dispensation is set to bow out of office, civil servants have already begun positioning themselves

BLOGS


Lots at stake for Laloo Prasad
Kavita Chowdhury

This election is a prestige issue for him, with high stakes in family buroughs of Pataliputra and Saran

Where is Mrs Modi, Mr Modi?
Jyoti Mukul

It is not important to have a regular guy for a PM, but, it is important to know the psyche of a person

Editorial Comment

Back to the future

Narendra Modi's economic vision needs greater clarity

Software leaders shine

But boom-related pressures will emerge

Financial X-ray

RIL exits FY14 on weak note, profit after tax rises 4.7%

Shale gas gains and higher gas prices may trigger earnings upgrade in FY15

Earnings upgrade cycle for HCL Technologies to continue

Broad-based growth across service lines to boost revenue growth

BOOK REVIEWS

Sea change

Robert D Kaplan's Asia's Cauldron is a short book with a powerful thesis

Disruption as a political agenda

The Disrupter gets you thinking more carefully about the churning that is happening around us and of which the AAP is a catalyst

Jeffrey Goldfarb

Afraid of its shadow
Jeffrey Goldfarb


Blackstone leaves a trail of money to follow

Neil Unmack

End of a stigma
Neil Unmack


Securitisation reboot is harder than it sounds

CompaniesRss icon

Natco Pharma surges as US court allows Copaxone launch

The company said the US Supreme Court on Friday denied Teva's application for an injunction seeking to prevent launch of generic version of ...

TCS, Mitsubishi to form software services company in Japan

TCS to hold 51% stake in the JV, which will be operational from July

Liberty Shoes rallies on four-fold jump in Q4 net

Q4FY14 net profit soared to Rs 4.27 crore from Rs 0.97 crore in the same quarter last fiscal.


Radico Khaitan extends fall, hits 7-month low

In past five trading sessions, the stock has declined 20% as compared to 1.5% decline in benchmark CNX Nifty.

Diageo to spend Rs 11,448 cr for another 26% in USL

At Rs 3,030 a share, offers 20% premium to average 60-day stock price

Good time for short-term investors to exit USL

Diageo's open offer is at an attractive valuation & factors in most of the near-term earnings upsides; however, those in for the long term ...


PNB sells its stake in India Factoring for Rs 108 cr

The bank has offloaded its stake in IFFSL to parent promoter FIM Bank Malta last month

MSCI rejig worries weigh on HDFC Bank stock

As of March 31, FII holding was 34%, against 34.9% in the previous quarter

Analysts' corner

India Cements' stand-alone return ratios have remained subdued over the years due to weak profitability


Airtel tech head Jagbir Singh quits; Savargaonkar to take over

Singh was a member of the Airtel management board and director of the Network Services Group

Bharti Airtel CTO Jagbir Singh quits, Abhay Savargaonkar to take over

Company's regulatory and legal head Jyoti Pawar had also quit the company last month

KKR, Blackstone eye stake in Idea

Private equity giants bidding for a total of 8% in India's third-largest telecom operator by subscriber base


TCS, Mitsubishi to form software services company in Japan

TCS to hold 51% stake in the JV, which will be operational from July

Wipro dips on weak guidance

For Q1FY2015, the management has given a dollar revenue guidance of $1,715 million-1,755 million.

Infosys Europe revenue crosses $2 bn for 1st time

Last quarter, the revenue percentage from Europe was 25% and Infosys added 17 new clients in the region


Natco Pharma surges as US court denies stay on Copaxone launch

The company said the US Supreme Court on Friday denied Teva's application for an injunction seeking to prevent launch of generic version of ...

Shasun Pharma soars 20% on preferential issue plan

The board is schedule to meet on April 23, for considering issue of convertible warrants/equity shares on preferential basis to promoters and ...

Ranbaxy's journey as a company to end after merger with Sun

Brands will be kept alive in over 100 markets


Bajaj management prejudiced against workers' demands: Union

On Thursday, Bajaj Auto managing director Rajeev Bajaj said the management will not tolerate another agitation at the company's Chakan plant

Lunch with BS: Pawan Goenka

Mahindra's go-to man says English was Greek to him till late in his career and how he finds it easy to sell everything from bananas to trucks

Bajaj Auto says union at Chakan plant plans work stoppage

The union's proposal to stop work comes less than a year after the plant's workers had gone on a strike that lasted nearly two months


Unitech to increase spending on developing projects

Company in no hurry to cut debt

NTPC frames new policy to weed out unprofessional vendors

Company has now put in place a detailed set of guidelines for withholding as well as banning business dealings that involve non-performing and ...

PGCIL gets Stage-I forest nod for transmission line

The forest land is to be diverted in Angul, Athmallik, Rairakhol and Sambalpur to make way for PGCIL's transmission line


Jet-Etihad yet to tap synergies

A year on, deal between the two airlines still to gather momentum, partly due to management problems at Jet

'SpiceJet needs Rs 1,200-cr infusion'

The need for more funds comes at a time when the airline is expected to post losses of around Rs 1,000 crore in 2013-14

SpiceJet supports SunRisers Hyderabad

It is also the official airline partner for the team


Wendt India Q4 net declines 26% to Rs 2.03 crore

Company had reported Rs 2.74 crore during the corresponding period of the previous year

Hopes rise for Crompton Greaves amid stake-sale rumours

Rise in the stock price to a media report some time back that Gautam Thapar who owns a 42.51% stake, was looking for buyers for his flagship ...

Today's picks

Nifty, Bank Nifty, BHEL & Infosys


Analysts' corner

India Cements' stand-alone return ratios have remained subdued over the years due to weak profitability

Odisha seeks MoEF nod for Nalco's slurry pipeline

Wants to lay a slurry pipeline from its CPP at Angul to Bharatpur South coal block of MCL

Future Retail extends rally on talk of acquiring Nilgiris

The stock has rallied nearly 30% in past two trading sessions on back of heavy volumes.


Five of eight Coal India subsidiaries miss output target

The state-owned mining company is the world's largest coal producer

SAIL to appoint developer for 2 of its biggest mines

SAIL has decided to outsource the development of two of its biggest iron ore reserves mines

Coal India awaiting more triggers

Analysts expect it to raise prices this quarter to offset rising costs; faster clearances seen for project plans but output rise still seen as a ...


Jubilant FoodWorks gain as RBI allows hike in FII limit

The Reserve Bank of India said that foreign institutional investors would be able to purchase up to 55% of the paid-up capital in the company.

Clearance delays push RCF's project cost by Rs 500 cr

Sources added that only last year the project got pre-Public investment Board clearance and presently it is stuck at the PIB level

Deepak Fertilizers in expansion mode

Company is planning to set up a new facility at Paradip in Odisha


Reliance Jio in tower lease pact with ATC

ATC India has 11,000 mobile phone towers in the country

Reliance Industries gains post Q4 results

Q4FY14 operating profit grew 3% yoy at Rs 10,367 crore on account of improvement in profit from refining segment and petrochemical segment.

Treasury contributed 40% to RIL's Rs 21,984-crore FY14 profit

The treasury operations contributed Rs 8,936 cr of the total profit during the previous financial year


Liberty Shoes rallies on four-fold jump in Q4 net

Q4FY14 net profit soared to Rs 4.27 crore from Rs 0.97 crore in the same quarter last fiscal.

Madras HC confirms interim injunction against GAIL

A Division Bench ordered that the power generation firm does not have to furnish security other than the affidavits

Gujarat-based stocks in focus

Adani Enterprises, Gujarat Gas, Adani Ports, Adani Power, Gujarat State Petronet, GMDC and Gujarat Pipavav are up 2-12% on the BSE.


Technology Rss icon

S5: The evolution of the Galaxy

Latest device from Samsung has the punch to be counted among the top smartphones of the ...

Beyond Business Rss icon

Football

Soccer's moment

Can the Indian Super League revive football in the country?

They've got the looks

The author follows a Narendra Modi lookalike in Mumbai and Rajat Ghai finds a Manmohan Singh double who lived in Delhi until recently

Commodities

Commodity
Price(Rs)
Change
(%)

28309.00
-196
-0.69

6261.00
-6
-0.1

41831.00
-546
-1.29

286.50
+1
+0.35

406.80
-0.6
-0.15

FEATURES

In Depth Rss icon

Bank

The challenge: a bank account for everyone

With less than 60% of households having access to banking services, India has a long way to go before financial inclusion becomes a reality

The man who reined in Bengal's books

From tackling inherited debt to managing TMC's populist policies, Amit Mitra has worked adroitly to bring Bengal's finances back on track

Real Estate Rss icon

Image1

Realtors woo customers through buy-back schemes

Experts say through buy-back schemes, developers, cash-crunched or otherwise, are able to raise funds at much cheaper costs

Brand World Rss icon

Toyota's Fortuner is not one to waver

The Japanese major has maintained the lead of its premium SUV despite competition, and has grown its share despite a slump in segment's demand

Price pyrotechnics: Be good in difficult times

This, in turn, has led the FMCG companies to increase the prices of some of their essential products like soaps and detergents

Business Education Rss icon

Ashish Nanda

IIM-A joins hands with Harvard, MIT and Berkeley for research

Institutes to address bottom of the pyramid issues; joint research to up IIM-A's world ranking

Heading

Power hungry? Not a chance


Toyota has chosen to shun diesel and go the green way with its new Camry. Fitted with a hybrid engine, the sedan is a great drive that doesn't ...

It's about xcellence

Hyundai's newly launched entry-level sedan, the Xcent, offers value for money and a bit of bragging rights