MARKETS »

Here's why banks will rally again


Broking firm Jefferies says Indian financial system is now flooded with the kind of liquidity witnessed in 2005-07 and 2009-10

COMPANIES »

Sun Pharma's coming of age moment


The Indian pharma major's deal to Merck to acquire and market a plaque psoriasis drug is a bold move

CURRENT AFFAIRS »

SC appoints Anand Grover in whistleblower case, to report Oct 10


The special public prosecutor will examine the case over controversial visitors' logbook at CBI director's house

Around the world »

Alibaba IPO ranks as world's biggest at $25 billion


The e-commerce giant, some of its shareholders sell additional shares

ECONOMY »

Falling crude prices help govt control fiscal deficit


Lower crude prices mean less outlay for subsidies

THE STRATEGIST »

Best of both worlds


Omni-channel is not just a buzzword; it represents a fundamental shift in the retailing experience

PERSONAL FINANCE »

Why diesel cars still make sense


The price differential between diesel and petrol has narrowed. But there are still enough reasons to opt for the diesel variant

BS Poll

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Derivatives

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Columnists

Global silver linings
Subir Gokarn

The macroeconomic environment is looking better and likely to stay that way

The small route to big
success

A K Bhattacharya

The recent notification on foodgrain procurement shows Modi is relying more on incremental reforms rather than big-bang moves

Despite jitters, markets
stay headstrong

Devangshu Datta

The Indo-Chinese relationship remains on thin ice, but the markets have recovered on account of positive developments elsewhere

Building green sense
Sunita Narain

The building sector is a major contributor to climate change and local environmental destruction because of construction materials used

BLOGS


The plight of the ordinary Kashmiri
Kavita Chowdhury

Besides the floods, Kashmiris also had to fight the indifference of authorities

Charge of the God brigade
Joydeep Ghosh

Whether it is chanda or music, the festival season can do with less action

EDITORIAL COMMENT

Test of nerve

Border issues overshadow India-China summit

Another online frenzy

Was Alibaba really such a great bargain?

Financial X-ray

Fall in raw material costs to impact FMCG earnings

Analysts expect earnings growth to accelerate in the coming quarters and gross margins to increase

New deal wins boost Wipro's prospects

Dollar revenue growth this fiscal is likely to be better than in the past two; analysts believe it could match industry revenue growth in FY16

BOOK REVIEWS

Mr Kissinger's world order

Henry Kissinger’s latest book World Order is probably one of his most magisterial works in recent years

Kyunkii writer bhi kabhi fan tha

The Kingdom of the Soap Queen does not give you a sense of who the queen really is, her personality, how she thinks

Robert Cyran

Or Cassim?
Robert Cyran


Magic word greed opens $228 billion Alibaba valuation

Neil Unmack & John Foley

Executive risk
Neil Unmack & John Foley


GSK graft case raises risk for executives in China

CompaniesRss icon

HC rejects Haryana's plea against Maruti

A High Court bench observed that the matter was being pursued 'to satisfy the ego of some officers' and hoped it will not be pressed further

GMR signs agreement with Nepal for 900 Mw project

This is GMR Group's largest overseas investment till date

Crompton Greaves wins smart meters orders from France's EDRF

Crompton Greaves did not disclose the order value


Colgate: Getting more shine

Colgate scrip had under-performed the S&P BSE Sensex until recently

United Spirits to offload 11.35% stake in Pioneer Distilleries

This, to comply with Sebi's public shareholding norms

Jewellery shares rally ahead of festive season

PC Jeweller, TBZ, Gitanjali Gems, Tara Jewels, Lypsa Gems and Shree Ganesh Jewellery House are up 5-20% on BSE.


PNB approves 1:5 share split to increase liquidity of scrip

Bank's boards in its meeting on Sept 19 discussed various options of raising capital to meet Basel-III norms

IFCI plans to raise Rs 2,000 cr via long term bonds in Q3

Company has been incrementally raising funds mostly from banks at base rate plus spread of around 25 basis points

PNB gains on board nod for stock split

The board has approved stocks split of face value Rs 10/each into 5 shares of face value Rs 2/each


MTNL not to infuse any fresh equity into Nepalese venture

MTNL has also proposed to sell its stake in the venture that seems commercially unviable

GSM players add 55.4 lakh users in August: COAI

Idea Cellular added the maximum number of users in August with 17.2 lakh subscribers

Airtel may have to pay Rs 436 cr for merging Qualcomm 4G arm

The company is moving from its present permit to new licence for which it has to pay differential spectrum cost and migration fee


Infosys: Sikka magic may revive double-digit revenue growth

Analysts factor in higher revenue & margin growth as company looks at investing in new technologies and abilities

Zen Technologies soars 44% in two days

The company said the total value of orders pending as on date is Rs 170.68 crore.

Tech Mahindra on track to touch $5-bn revenues by FY17

Executive Vice Chairman Vineet Nayyar says acquisitions were always static and strategic in nature and were not aimed at getting more revenues


SMS Pharma to shift focus to AP

The company is planning to gradually scale down production at its units in Telangana

Govt caps prices of 36 more drugs

Ranbaxy, Cipla, Cadila Healthcare among companies that will be affected

Biocon gains on stake sale in research unit to Silver Leaf Oak

The stock up 2.5% at Rs 512 on National Stock Exchange.


HC rejects Haryana's plea against Maruti

A High Court bench observed that the matter was being pursued 'to satisfy the ego of some officers' and hoped it will not be pressed further

JK Tyre gains on stock split plan

So far in 2014, the stock zoomed almost 200% to Rs 519 from Rs 175 compared to 28% rise in CNX Nifty.

Tata Motors hits new high

Last week, Moody's Investors Service upgraded corporate family ratings of Tata Motors to Ba2/Stable from Ba3/Stable.


CESC to raise $150 million through private placement

The discloser on the stock exchange does not say how the company would utilise the resources

Bharti Infratel falls on KKR stake sale plan report

So far in 2014, the stock had outperformed the market by rallied 85% compared to 28% rise in CNX Nifty till Friday.

CERC asks JP Power to expedite Karcham Wangtoo tariff petition

Direction from the Central Electricity Regulatory Commission came after the utility sought withdrawal of provisional tariff petition related to ...


Hotel Leela recovers from day's lows

The stock has recovered from the day's low and is trading 1.5% lower at Rs 23.20 on the NSE.

Archies zooms after private firm buys 2 lakh shares

Torero Capital Private Ltd acquired 200,000 shares of Archies at an average price of Rs 30.20 per share on NSE

Jet expands foreign base, adds new Gulf routes

The airline reported a record loss of Rs 4,129 cr in 2013-14 and the expansion is part of its revival strategy


Kitex Garments hits record high ahead of board meet

Broker Motilal Oswal starts with a "buy" rating and a target of Rs 651.

Sutlej Textiles shuts fabric division to focus on home textiles

Company to expand manufacturing capacity of home textiles from existing 2.5 mn metres to 9.6 mn metres

Future Retail gains as MSA (Singapore) acquires stake

MSA (Singapore) acquired over 26 lakh shares of Future Retail at Rs 120.18/share


Goa mining clamp: Sesa Sterlite resigned to idling capacity

Says SC cap allows operationalising only half its ability to produce; central clearance still awaited

Coal India has so far signed 161 FSAs for a capacity of 73,675 MW

CCEA had earlier directed for coal supplies in respect of power projects worth 78,000 MW capacity

Hindustan Copper to diversify into downstream products space

Company is into advanced negotiations with a closely held firm, will buy more than 26%


RCF looks for partner to build fertiliser plant in Iran

The project is expected to materialise after sanctions against Iran are lifted

Hatsun Agro rises on preferential share issue plans

The company's board will meet on Sep 23 to consider issue of share on preferential basis

Many rerating cues for UPL

Product launches, presence in high-growth markets and lower debt should help it improve revenue, earnings growth


Zee Entertainment hits 14-year high on entry into Nifty

The stock hit high of Rs 317, its highest level since June 2000, on National Stock Exchange.

Zee Entertainment up 7% ahead of Nifty inclusion

Zee Entertainment will replace United Spirits in the 50-share Nifty from September 19.

Zee Entertainment up on brokerage upgrade

Kotak has upgraded the stock to 'add' with target of Rs 315 and the stock will be included in Nifty from Sep 19


Govt removes three independent directors from ONGC board

The move follows similar sacking of directors on boards of other PSUs including IOC, MRPL, CIL, EIL

Sebi seeks fresh info on Reliance-Network 18 deal

RIL says Sebi has not asked for revision of offer price, expecting clearance soon

BPCL says no plan to tie up with private companies for retail expansion

We have enough capabilities to invest more in retail expansion, says company's Chairman and MD


Mid-and small-caps on mutual funds' shopping list

HDFC Mutual Fund, Reliance Mutual Fund, IDFC Mutual Fund, SBI Mutual Fund and DSP Blackrock have bought shares of mid-and-small-sized companies ...

Aegis Logistics surges 7% ahead of board meet

The board will meet today to consider and approve sale of a minority stake in one of company's subsidiary.

We'll expand here and abroad across product lines, segments: Ravi Kannan

Interview with CEO, Snowman Logistics


Beyond Business Rss icon

Inside Aladdin's cave

With its rock music, rocky caves and eclectic cuisine, Shillong promises serenity and touristy chaos, all at the same time

Movie Review: Daawat-E-Ishq is not quite a feast

With witty dialogues and adorable characters, Daawat-e-Ishq almost makes the cut, but a lopsided storyline lets it down

Commodities

Commodity
Price(Rs)
Change
(%)

26397.00
-99
-0.37

5589.00
-22
-0.39

39230.00
-396
-1

413.80
-6.85
-1.63

135.25
-2.8
-2.03

FEATURES

In Depth Rss icon

For Mamata, Right is the new Left

With BJP making inroads in Bengal and with allegations of impropriety in Saradha scam dogging her, Mamata Banerjee finds her popularity slipping

Prasan Firodia with the Force Gurkha

Force Motors prepares for life after Bajaj exit

The company is strengthening its distribution network, forging alliances with global manufacturers and betting on exports to boost sales

Real Estate

How about investing in smaller cities?

There are good reasons, such as lower costs and better quality of life, for companies and individuals moving to places beyond the metros

Brand World Rss icon

Salman Khan

Salman savvy helps his brand's chequered past

By ensuring year-round visibility, in cinemas, on the small screen and the internet, and regulating his fee, Khan has maintained his masstige ...

For a perch in brands' minds

Twitter, the US-based networking platform, ramps up its pitch to Indian advertisers but will they buy?

Business Education Rss icon

Germany emerges among top education destinations for Indians

Better immigration rules and low cost of education big draw