MARKETS »

Markets hit record highs; Sensex ends above 27,000


The Sensex ended above 27,000 for the first time while the Nifty topped 8,100

ECONOMY »

More than half of PlanCom staff to be reassigned


New body to replace Plan panel might retain 40% of current employees

MODI'S JAPAN VISIT »

Modi hardsells Q1 GDP growth to Japanese investors


Says govt has eased lot of regulations, will do more to promote foreign investment

Around the world »

Pak Parliament holds emergency session to discuss political crisis


The joint session of the Senate and the National Assembly will adopt a resolution to support Prime Minister Sharif

COMPANIES »

Mumbai plunges into darkness after Tata Power unit trips


Paralyses work at various establishments including banks, trade and commercial offices

SME WORLD »

'Micro units' surplus too small to fund growth'


Government policy has long focused on the employment generation ability of MSMEs rather than their scale of operation

FINANCE »

CVC questions senior appointments in PSBs


The names of the officials were shortlisted during the tenure of the last UPA government

BS Poll

Vijay Mallya has accused United Bank of India of unfair treatment and says that he is not a 'wilful defaulter'. Do you agree?

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Derivatives

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Columnists

Now for the hard part
Rajeev Malik

Raghuram Rajan has work to do, in order to broaden and cement his legacy

The day nothing happened
Ajai Shukla

India has victories, brave deeds and valorous soldiers who deserve celebration

CCI spares a thought for
car owners

Avirup Bose

Its ruling on anti-competitive practices of car makers will go a long way in reducing exploitation to which consumers are subject

The revenge of
brick-and-mortar retail

Alokananda Chakraborty

Traditional retail's new mantra: first mess up the stores and then spook buyers

BLOGS


5 things Narendra Modi can learn from Coca Cola about building toilets
Surajeet Das Gupta

Building toilets is only the beginning and the easiest part of the battle. Water and maintenance are the key challenges

Why capping own ATM usage is not a good idea

Instead of encouraging customers to adopt technology, RBI's latest move may mean more crowding at bank branches

EDITORIAL COMMENT

A wayward path

CBI should be held accountable for errors

Starving a dinosaur

Don't unbundle Food Corporation, prune it

Financial X-ray

Few GDP upgrades for FY15, despite Q1 show

Recovery in growth can sustain at current levels only if services and investments pick up

Dr Reddy's: Concerns fail to deter investors

Street not perturbed over rising competition for products in US, as overall pipeline remains strong

BOOK REVIEWS

Golden opportunities for war

Kwasi Kwarteng's War and Gold is about the economics of war and the use and abuse of the gold standard

Seoul survivors

The first third of The Birth of Korean Cool – probably the best part – reads like an owner’s manual of how to be Korean

Ian Campbell

Prescient lemmings
Ian Campbell


Gold's geopolitical ledge won't hold up

Peter Thal Larsen

Free to lose
Peter Thal Larsen


Democracy snub leaves Hong Kong only bad choices

CompaniesRss icon

CIL misses output target for 4th month in a row in Aug

Target for August was 35.13 million tonnes

Power cuts hit large parts of Mumbai

Paralyses work at various establishments including banks, trade and commercial offices

Capital adequacy ratios of banks hit 6-year low

PSU banks worst hit with average CAR falling to 10.67% as on quarter ended June vs 11.18% in March 2014


Launches key to Nestle's fortunes

Market has cheered company's renewed aggression on innovations and launches; current valuation could limit upside

E-commerce catches the eye of consumer durables companies this festive

While it remains small at the moment, it is slated to grow in the next 3 to 4 years.....

Bajaj Electricals gains on winning four new orders

The stock hit a high of Rs 302 and a low of Rs 293 so far during the day.


Capital adequacy ratios of banks hit 6-year low

PSU banks worst hit with average CAR falling to 10.67% as on quarter ended June vs 11.18% in March 2014

REC to provide Rs 20,000 cr for Telangana power projects

REC chairman and managing director, Rajeev Sharma, gave this assurance when he called on Telangana chief minister, K Chandrasekhara Rao, on ...

Reliance Capital's banking plan gets a Japanese touch

Reliance Capital - the NBFC arm of the Anil Ambani group - will once again try its luck for a bank licence


Now, Bharti Airtel eyes revenue from competitors' networks as well

Sunil Mittal-led mobile operator launches cross-network music app, more apps from Bharti stable soon to boost data revenue

Bharti Airtel hits 30-month high

The stock rallied nearly 6% to Rs 392 from Rs 370 in past two trading sessions on National Stock Exchange.

Bharti Airtel gains on acquiring Kenyan mobile brand yuMobile

With the acquisition of yuMobile, the company's subscriber base will expand by 2.7 million


Big opportunities opening up for Cipla

The launch of anti-asthma metered dose inhalers in Germany and Sweden boosted market sentiments over future launches in bigger markets

Cipla zooms 9% on launch of anti-asthma inhaler in Germany, Sweden

The pharmaceutical firm launched an anti-asthma inhaler in Germany and Sweden that is a generic version of GlaxoSmithKline Plc's Advair.

Dr Reddy's: Concerns fail to deter investors

Street not perturbed over rising competition for products in US, as overall pipeline remains strong


Power cuts hit large parts of Mumbai

Paralyses work at various establishments including banks, trade and commercial offices

NHAI to tighten norms for claiming damages

Will allow road developers to claim damages only within a period of 30 days

Unitech to sell non-core land to cut debt, improve cash flows

Company's net debt stood at Rs 5,900 crore at the end of the first quarter of this fiscal


What makes Mallya a 'wilful defaulter'? All you need to know about wilful defaults

Such classfication brings with a high cost, including closing of formal credit channels, and likely criminal proceedings

SpiceJet promoters to increase stake by 10%, to pay Rs 312 crore

Company to allot warrants, which will be converted as equity shares in 2015 & 2016; The additional stake would cost around Rs 312 cr

SC refuses to entertain Kingfisher's plea against 'wilful defaulter' tag

Airline says it will challenge the order in High Court


Hyderabad Metro cost rises to Rs 3,000 cr

High interest rate on the loan amount is the single largest element contributing to the cost escalation

JBIC looks to funnel Japanese investors into GMR Infra projects

Objective of the signed MOU is to provide low cost long duration financing for infrastructure development projects that involve Japanese ...

GMR Infrastructure inks MoU with JBIC

Objective of the MoU is to provide low cost-long duration financing for infrastructure development projects


Cement shares in demand; ACC, Ambuja up 4%

UltraTech Cement,India Cements,J K Cement, Birla Corporation and Gujarat Sidhee Cement are up 2-5% on BSE.

Vikas GlobalOne surges 19% on bonus issue plan

The board will meet on September 17, to consider issue bonus shares to the equity shareholders of the company.

Challenges ahead for spinning mills

Rise in yarn production in China expected to hit Indian mills


Sugar mills' hope for better realisations still stuck on a sour note

Lower realisation than cost of production hits financial performance in April-June quarter, industry seeks govt support

Mallya wilful defaulter tag shadows MCF open offer

Poddar-Mallya agreement on running MCF likely to be re-worked

Launches key to Nestle's fortunes

Market has cheered company's renewed aggression on innovations and launches; current valuation could limit upside


Mary Kom attracts 20 brand associations

Brand associations have helped Priyanka Chopra-starrer gain traction in traditional and digital media

Dish TV betting big on Jan Dhan Yojana, offers 10% discount

The discount is for subscribers paying their bill through the RuPay-enabled cards

TV Today Network zooms over 30% in two days on R K Damani stake buy

On August 27, Derive Investments bought 1.17 million shares of TV Today Network for about Rs 21 crore, the NSE data shows.


Need $6-7.15 gas price to break-even: ONGC

Says increased cost of production, rupee depreciation, increase in cost of oilfield equipment has made production costlier

Reliance Haryana SEZ returns Gurgaon, Jhajjar land to Haryana Infra Corporation

The venture was established for development of SEZs, model economic townships and other infrastructure facilities in Haryana

After IOC, govt to sack independent directors of ONGC, HPCL, MRPL

NDA govt is reviewing all appointments made by the previous UPA govt during its last year in office


Offline project yet to take off, Namo Store plans revamp

While online sales continue to grow at a steady 10%, the volunteers-run online store has not been able to garner enough traction to push for ...

Adani buys Australia coal mine royalty rights from Linc for $145 million

Deal comes amid growing questions on whether Adani will go ahead with the project

Gateway Distriparks hits new high on strong response for Snowman IPO

The stock up 4% at Rs 269 on the National Stock Exchange.


Beyond Business Rss icon

Ford Endeavour

Beast on a time lease

The Ford Endeavour will be launched in an all-new version next year. In the meantime, here is the revamped SUV

Traveller in a marine world

Mahima Jaini works as a marine scientist, rescue diver and adventurer rolled into one

Commodities

Commodity
Price(Rs)
Change
(%)

27654.00
-280
-1

5777.00
-44
-0.76

41800.00
-204
-0.49

241.50
-6.2
-2.5

428.60
+1.2
+0.28

FEATURES

In Depth Rss icon

In India, BlackBerry sees its best hope for revival

As the focus shifts to profits, BlackBerry has embarked on a huge cost-cutting exercise around the globe

Stifled by UGC, colleges seek a bigger voice

As UGC seeks to align undergraduate courses in IITs and private and autonomous institutes, the clamour for its reform rises

Real Estate

Real estate developers offer discounts to push sales

Discounts up to 15% expected this festive season; analysts expect Oct-Dec period to garner sales of at least 60k units across seven major cities

Brand World Rss icon

Bajaj Discover 150

Bajaj out to re-Discover its commuter brand

A repositioning might be in the offing for Bajaj's Discover, the volume brand, as its many avatars left customers confused

Costly sedans run out of steam

High-end mid-sized sedans, comfy SUVs and entry-level luxury models steal their show

Business Education Rss icon

University of Southern California

USC in talks with varsities to offer course on supply chain

The course offers a globally-integrated master’s programme on SCM aligned to its mission of networking, education and advanced research