Telecom firms to roll out full MNP from July 3

Currently, MNP only available within a state/circle where mobile subscribers can change their service providers while retaining mobile numbers

MARKETS »

IT stocks drag Nifty below 8,450; Sensex breaks 28,000


The broader markets, however, outperformed their larger peers

COMPANIES »

M&A hits six-year low in first-half of 2015


First half of the year worth $14.1 billion transactions, lowest since $9.1 billion in 2009

Greece Crisis »

Limited impact from Greece financial crisis: Rajan


Says that central bank and government are in talks to inject more capital into public sector banks

ECONOMY AND POLICY »

Railway project allotments at one-year low


Govt awarded projects worth Rs 31 crore in the rail sector, a 92% reduction from last year

Madrasa

CURRENT AFFAIRS »

Madrasas not teaching primary subjects to be classified as non-schools


It is not a school but a source of religious education, says State Minorities Affairs Minister Eknath Khadse

AROUND THE GLOBE »

BBC to axe 1,000 jobs in cost-cutting drive


It is grappling with a 150-million-pound budget gap and the current wave of cuts is expected to save around 50 million pounds a year

FINANCE »

Mobile banking may overtake internet banking by next year: HDFC Bank


Strap-Launched banking application on Apple watch

Data Stories

The 'Net' effect

A report by McKinsey Global Institute estimates the economic impact of the Internet of Things could be $3.9 tn to $11.1 tn a year by 2025

BS Poll

Will Greek crisis blow over after the referendum?

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Derivatives

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Columnists

The yoga challenge
Abheek Barua

Asking difficult questions about International Yoga Day

Rahul Yadav's
'everyone-is-dumb-but-me'
mindset

Shyamal Majumdar

The just-sacked CEO could learn a thing or two from what Steve Jobs had said about his years of wilderness after getting fired from Apple

Rural ICE
Bibek Debroy

In the concluding part of the series, the author uses India's Consumer Economy data to demonstrate 'rural' is not a homogeneous entity

Surinder Kapur and the
Japanese way

Bhupesh Bhandari

Apart from manufacturing best practices like Kaizen and JIT, he did not ignore the softer aspects of the Japanese work culture

BLOGS


The Emergency is not history - it is a warning

This is the problem: a powerful government that believes its anger is right and justified does not need the emergency clause to replicate the ...

All that glitters is not solar

For all the PM's ambitious talk about solar power, there remain significant challenges on the ground

EDITORIAL COMMENT

Vyapam scandal is just a symptom of all that ails the job market

Madhya Pradesh scandal should be treated as a wake-up call underlining the urgent need for job creation

People prefer to go for private education, healthcare

In education this is happening across rural and urban sectors, though the trend is more pronounced in urban areas

Financial X-ray

IndiGo IPO: Higher valuations can lift sector

Operational improvement must for Jet and SpiceJet to bridge valuation gap with market leader

IGL: Strong prospects, regulatory clarity to drive re-rating

Analysts are likely to upgrade stock after favourable SC verdict

BOOK REVIEWS

The 'Gang of Four' that made America

The book still offers lay reader a compelling overview of walk-up to Constitutional Convention and its momentous impact for generations to come

Una Galani

Son of Icarus
Una Galani


SoftBank's solar ambitions fly close to the Son

Jeffrey Goldfarb

Bad blood
Jeffrey Goldfarb


Mega-rejections signal M&A's Taylor Swift moment

CompaniesRss icon

OMCs hit multi-year highs

Since Jan, scrips have rallied 25-43%, with encouragement from reforms in sector since mid-2013 and optimism on earnings prospects

Today's picks- 2 July 2015

Nifty, Bank Nifty, Vedanta, Tata Motors & Bharti Airtel

Tata enters autorickshaw space in A'bad with 4-wheel Magic Iris

Claims vehicle has more space for the driver and passenger along with a seat belt


Videocon gets shareholder nod to raise Rs 5,000 cr

Could raise funds through GDR, FCCBs

Food drives the ITC truck

The cigarette major's food business is powering its FMCG thrust, giving new character to an old conglomerate

FMCG shares in focus; Godrej Consumer, Emami hits record high

At 1243 hours, CNX FMCG index was up 1.5% or 297 points at 20,052 as compared to 0.15% rise in the CNX Nifty.


Mobile banking may overtake internet banking by next year: HDFC Bank

Strap-Launched banking application on Apple watch

Markets have a tepid morning; Nifty hovers at 8,450

The IT and banking stocks are subdued this morning, while the auto and metal pack is seeing some buying interest.

Kotak Mahindra Bank lowers base rate to 9.75%

The new rate being offered by the bank is 5 bps higher than its larger rivals


Today's picks- 2 July 2015

Nifty, Bank Nifty, Vedanta, Tata Motors & Bharti Airtel

Airtel sells tower assets for $1.3 bn in five countries in Africa

The company had earlier announced that it would divest tower assets in 13 countries in Africa to different companies

Bharti Airtel: Shedding tower assets, more in store

Company has completed the sale of telecom towers in five African countries for a consideration of about $1.3 billion


Ramco Systems surges on signing pact with Australian firm

In the past three trading sessions, the stock has rallied 27% compared to a 1.3% rise in the S&P BSE Sensex.

Vakrangee surges on FIIs buying

Janus Overseas Fund had bought 1.52% stake in Vakrangee during the April-June quarter.

IT earnings: Seasonal uptick likely in Q1

No big positive surprises expected: Analysts


Dr Reddy's launches new logo and brand

The company has also chosen a new corporate colour- Purple

Aurobindo Pharma CEO resigns

According to a source, Arvind Vasudeva is planning to pursue teaching profession as he is an authorised coach to train the CEOs

Sensex gains 240 points to end above 28,000

Capital goods, IT and financials were the top gainers


ABB India to raise Rs 600 cr through NCDs

It said the issuance would be subject to approval of the shareholders by way of a special resolution through postal ballot

L&T wins Rs 1,885 cr worth contracts in June

On the domestic front, construction and procurement order was received from Odisha Power Transmission Corporation

BEML hits fresh 52-week high; zooms over 60% in 2015

Thus far in 2015, the stock rallied 68% as compared to 2% rise in the S&P BSE Sensex.


SRF hits lifetime high

Since June 12, the stock rallied 17% after the government extended the anti-dumping duty on Nylon Tyre Cord Fabric from China.

Kishore Biyani's limitless ambitions

He wants to transform his retail-led enterprise into a consumer goods giant, and reach Rs 1 lakh crore in turnover by 2021, but is that

Raymond: New clothes on an old emperor

Raymond looks to reclaim its place as the perfect brand for the perfect man. Can it keep up with the changing times?


Today's picks- 2 July 2015

Nifty, Bank Nifty, Vedanta, Tata Motors & Bharti Airtel

Gopal Singh named as new CMD of NMDC Limited

Singh has been the CMD of Central Coalfields Limited since March 2012. Born in 1961, Singh graduated from the Indian School of Mines, Dhanbad, ...

Coal India Q1 output up 12% at 121.33 mn tonne

The miner has met 99% of its production target of 123.04 mn tonne in first quarter of current fiscal


OMCs hit multi-year highs

Since Jan, scrips have rallied 25-43%, with encouragement from reforms in sector since mid-2013 and optimism on earnings prospects

HPCL to raise Rs 1,260 cr to fund expansion

Fitch Ratings said it assumed an average annual capex of Rs 8,000 cr for HPCL over the next two financial years

BPCL, HPCL, Indian Oil hit 52-week highs on growth prospects

IOC has rallied nearly 6% to Rs 413. HPCL and BPCL have surged 4% and 2%, respectively on the BSE in intra-day trade


Beyond Business Rss icon

The incredible lightness of being

Pilates, a fitness system that focuses on stretching to help the muscles find their balance, is becoming popular. The author tries it out

Wimbledon 2015: The contenders

The tournament holds enormous significance for both Serena Williams and Novak Djokovic, though for different reasons

Commodities

Commodity
Price(Rs)
Change
(%)

26212.00
-199
-0.75

3643.00
-6
-0.16

35320.00
-56
-0.16

372.25
-1.7
-0.45

182.60
+5
+2.82

FEATURES

In Depth Rss icon

I love Housing.com but am not sentimental about it: Rahul Yadav

Rahul Yadav, the recently-ousted CEO of Housing.com, says he is too logical to be sentimental about the venture he co-founded three years ago

Has Greenpeace jolted the tea industry?

The industry began to upgrade its practices even before the NGO alleged Indian tea contained harmful pesticides

Start-ups

Rats, cheese and multiplication tables

Jaipur-based start-up Logic Roots aims to teach children math skills through board games

Brand World Rss icon

Cannes 2015: Falling off the map

Fatigue or disconnect with the digital age; experts explore the reasons behind India's poor show at Cannes this year

Food drives the ITC truck

The cigarette major's food business is powering its FMCG thrust, giving new character to an old conglomerate