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India still shining for the super-rich

Sees second-highest growth in HNI population in 2012, next only to Hong Kong

Facebook has never been stronger since IPO: Sandberg

Ability to deliver ads to mobiles, improvements in measuring effectiveness of ads and increasing user engagement have put it in a better ...

Bond auction: RBI goes for uniform price method to curb volatility

But weakening rupee might continue to be a dampener

JD(U) wins trust vote; Cong MLAs also support Nitish

Gets 126 votes in favour, while RJD and two independents vote against; Bihar CM says 'no party should think they can form a govt on their own'

Economic issues likely to dominate Kerry's visit to India

Continued cap on FDI, intellectual property protection, local content regulation to top the agenda

Assange says Wikileaks assisting Snowden asylum bid

Says he was in contact with representatives of Snowden to discuss his possible bid for asylum in Iceland

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Will a disgruntled L K Advani weaken BJP's poll prospects in 2014?

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Last Updated: Thursday, June 20, 2013 | 09:04 AM IST

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Opinion Rss icon

Columnists

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Europe's kids are all right
Daniel Gros

Activist responses to alarmism about youth unemployment in Europe are misguided

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Woman smarter?
Kanika Datta

The gender diversity exercise in the workplace is so pro forma as to make a mockery of the concept

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The last petrol station before Bali
T S Vishwanath

The success of the Ministerial meeting depends on the WTO members putting together the broad contours of a deal by August

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Euro banks: The elephants in the room
Kunal Kumar Kundu

With non-performing loans rising, European banks may be forced to reduce their India exposure, putting more pressure on the rupee

BLOGS


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A farcical 'true show'
Masoom Gupte

Award ceremonies are all pomp & show; they don't really reward excellence anymore

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My travails with Blackberry
Dev Chatterjee

Two handsets in my house conked off quickly, never to function again

EDITORIAL COMMENT

Pushing the wrong way

Government must not hold up EU-India FTA further

Fixing fertility

Keep focus on mother and child care

Financial X-ray

Competition eyeing Maruti Suzuki's sweet spot

Honda's Amaze has received 22,000 bookings, nearly 30% of Maruti's annual sales of Dzire

TCS on track to clock 15% growth in FY14

Company sees revival in discretionary spends and BFSI

BOOK REVIEWS

Britain's multicultural voices

Future Rushdies lurk in the fourth edition of Granta's collection of young British novelist

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Hit and miss
Dominic Elliott


UK banking report pulls more punches than it lands

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Don't be(gin) evil?
Richard Beales


Google shareholders get modest future-proofing

CompaniesRss icon

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Tata Motors plans slew of launches

Slym announces 8 upgrades, plans new SUV; Sanand plant may make other small cars, too

Amid gloom in auto sector, Japanese firms stand out

A closer look at the sales numbers offers insights into the investment plans of these companies

There are many things we can do with the Nano…It is a canvas: Karl Slym

Interview with MD, Tata Motors


Institutional investors key to HUL open offer success

Big investors may stay put as the scrip trades at near offer price

Coal ministry slaps notices on two more blocks

JSPL, Tata Power, Monnet Power, Jindal Photo in the dock

ITC, Axis Bank, Lupin are most competitive companies: Nomura

These companies have delivered above-average business returns, which has driven their long term share price performance


Lakshmi Vilas Bank shortlists three for CEO's post

Interim CEO Anjaneyulu, two SBI executives in race for the top job

Edelweiss to decide on applying for bank licence next week

Diversified financial services group, Edelweiss today said it would take a decision on applying for a bank licence in its board meeting next

Tourism Fin Corp to submit application for setting up bank

Tourism Finance Corporation of India today said the board has approved a proposal to seek licence from RBI for setting up a bank


Sensex ends higher ahead of Fed decision

Foreign institutional investors have been sellers of Indian shares for six consecutive sessions, totalling Rs 343 crore

Airtel slashes data usage rates by 90% in Punjab, Haryana

Vodafone had yesterday reduced the prices of its 2G services by about 80%

Bharti Airtel to invest $125 mn in Gabon

We are in Gabon for the long haul and will support both Commercial and Social programmes, says Airtel's MD and CEO International, Manoj Kohli


Wipro wins $500-mn contract from Citi

The new contract from Citi is expected to give a much needed fillip to Wipro

Infosys' CBS solution to power UP cooperative banks

National Bank for Agriculture and Rural Development facilitating implementation of Core Banking Solution project

Vakrangee Softwares surges as promoter raises stake

The promoters have acquired shares aggregating to 4.53% of total equity through open market between May 13, and June 13.


Zydus infringed Takeda Pharma's patent : US court

Zydus lost the patent battle in NEw Jersey court that enjoined Zydus from manufacture and sell of generic version of Takeda's Prevacid SoluTab

Fresenius moves SAT as Sebi order turns into delisting hurdle

As the order turns into delisting roadblock, the company requests tribunal to allow it to go ahead with plans

USFDA issues warning letter to RPG Life Sciences

Regulator warned that the failure on the part of the company's management to correct the violations may result in a ban


HCC takes on governance firm SES

Company refutes voting recommendations ahead of AGM on Friday; says followed all applicable laws

Today's picks

Nifty, Bank Nifty, Reliance Communications, NTPC & Ranbaxy

Prathiba Industries bags Rs 128 cr water contract

Project is scheduled to be completed in 30 months from the date of commencement


Jet Airways makes progress on debt

After four-odd years of focusing on reducing debt, the series of deals with Etihad could finally get it out of the spiral

Jet-Etihad deal hits air pocket on office relocation

Effective control of Indian airline also reason for the air-pocket

Jet's code share with Air France-KLM

The pact expected to enable European airlines to sell tickets on Jet's domestic (Indian) routes


L&T, Lanco hydel units hit by floods

A host of hydel projects, being constructed on Mandakini in Uttarakhand, have suffered heavy damages

Analysts' corner

Tata Motors, Specialty Restaurants, J K Lakshmi Cement & Crompton Greaves

Va Tech Wabag JV wins Rs 262 crore order from Nepal

The scope of the work comprises construction of water treatment plant at Sundarijal, Nepal with an initial capacity of 85MLD


Welspun achieves financial closure for Solapur project

The company said it has achieved financial closure for the Rs 180 crore project being set up in Solapur in Maharashtra

Clariant invests Rs 38 crore in Maharashtra unit

The investment has been made as a part of an initiative to help accelerate the company's business

With growth not in sight, Future Retail's debt hangover continues

Stake sales not enough; need to improve operational profit by addressing productivity issues, say observers


CBI registers 13th FIR in Coalgate

CBI sources said a case has been lodged against Rathi Steel and Power Limited, its Chief Executive Officer Udit Rathi

GMDC: Production loss concerns overdone

The company's efforts to recoup lost output, expected increase in prices and attractive valuations indicate potential for upside

Today's picks

Nifty, Bank Nifty, HDFC, Hindalco & Reliance Capital


Tata Coffee commissions new instant coffee plant at Theni

Company has invested Rs 80 cr to expant its instant coffee production capacity; company will export to newer markets in Central Europe, Japan, ...

Mistry sees more women occupying important positions at TGB

Women have been and continue to be an integral part of Tata Global Beverages' business, across the world: Mistry

United Phosphorus launches rice herbicide in UP

United Phosphorus Limited (UPL) today launched rice herbicide 'Saathi' in Uttar Pradesh, a major paddy producer in India.The product would ...


TV18 launches 24 hrs news channel in UK

After News18 India's entry into the UK, it would be launched across the globe, TV18 said in a statement

Cinemax India rallies on merger with PVR

Haribhakti & Co and SSPA & Co, have been appointed as Joint Valuers for valuation for determining the swap ratio for the proposed ...

Reliance Broadcast launches Big RTL Thrill's English feed

The company said the decision to go dual feed is in sync with the market opportunity available


President to inaugurate ONGC's Tripura power project on Friday

The Rs 3,429 crore project has been built by ONGC through a special purpose vehicle, ONGC Tripura Power Company

Dasgupta fires fresh salvo against Moily

Says the petroleum ministry is stalling on a $1-bn fine imposed on Reliance Industries

Oil India: Some optimism on improving prospects

These include higher gas prices, output expansion and fuel price reforms, beside inorganic opportunities


Beyond Business Rss icon

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Affordable no more?

A Bill, cleared recently by the Union cabinet, could cause prices of new flats in Noida and Greater Noida to climb 20-30 per cent

Manto eternal outsider

Historian Ayesha Jalals biography of the writer captures the angst of a sensitive man forced to make choices that left him disillusioned

Commodities

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GOLD(10GRMS)
28029.00
+62
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43925.00
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105.65
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19120.00
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FEATURES

In Depth Rss icon

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Trai turns the game in big telcos' favour

Far from benefitting consumers, the new rules on roaming charges have opened another front in the battle between large and small operators

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Will it be second time lucky for Barmer?

Villager are treating the project as a "golden goose" and are demanding huge compensation for their land

Real Estate Rss icon

Weak rupee draws NRIs to Indian realty

The enquiries from NRIs for buying property in India have risen by 15-20% following the rupee's depreciation

Brand World Rss icon

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Madison changes the conversation

The media agency and its celebrated founder are on a course correction with a new mantra

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Pulling the plug on car brands

The tough times have made car manufacturers think hard about which brands to keep and which to discontinue

Business Education Rss icon

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Ministry wants IIMs to accredit B-schools

Also to promote research; other management institutes question credibility of IIMs in both areas

Heading
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Germanic gigantor


The Mercedes-Benz GL-Class SUV intimidates with its size, but it is an elegant machine for mature drivers even if it thuds across potholes

Ferry king

General Motor's Enjoy fights for the title of the best multi-purpose vehicle against the Ertiga and Innova

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