MARKETS »

Outlook 2015: CLSA remains overweight on India


Bharti Airtel, Grasim, ICICI Bank and Infosys are high-conviction buys. Oil prices key concern

COMPANIES »

Is a change of guard afoot at embattled SpiceJet ?


The potential acquirers are likely to take 4-6 weeks to complete evaluating the cash-strapped budget carrier

ECONOMY »

Suresh Prabhu-led panel bats for coal, power sector reforms


The advisory group presses for enhancement of distribution sector to ensure 24x7 power supply

AROUND THE WORLD »

US asks China to help rein in Korean hackers


It is unclear if China would choose to help

CURRENT AFFAIRS »

Pravasi Bharatiya Divas might see OCI and PIO cards being clubbed


Voting rights for NRIs and persons of Indian origin in the works, said External Affairs Minister Sushma Swaraj

THE STRATEGIST »

Back to basics


Smart IT infrastructure and data analytics are powering Marico's supply chain and back-end operations

BANKING ANNUAL »

More governance, less government


Ending dual regulation and improving transparency in decision-making are key to improving the health of public-sector banks

BS Poll

Is it time for Prime Minister Narendra Modi to break his silence on the conversion issue and break the deadlock in parliament?

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Can't Say  

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Columnists

Mr Modi's follow-through
risks

Nitin Pai

For India to make the most of Narendra Modi's ambition and energy, he must get New Delhi to keep up

A glimpse of things to
come

Abheek Barua & Bidisha Ganguly

Rise in US interest rates, fall in oil prices and the slowdown in China are three themes that will dominate the markets in 2015

Microsoft and Google in
a post-Snowden world

Katie Benner

US tech firms face a harsh reality now as global politics could obliterate advantages created by superior innovation & high-quality products

Revise India's climate
strategy

Sunita Narain

US has legalised lack of ambition or inequity of action. We can call this a 'win' for developing countries, only if we are delusional

BLOGS


Give them a fair chance
Somasroy Chakraborty

Old private banks that escaped nationalisation of 1960's and 1970's typically began as community banks

Cheers to the perfect cup of tea
Kavita Chowdhury

Musings on December 15, the International Tea Day

EDITORIAL COMMENTS

Fiscal imperatives

Mid-Year Analysis shows government has daunting task

Now, the big push

Much work remains to get GST passed

Financial X-ray

Double digit earnings to cheer markets in FY16

Analysts expect earnings surprises from consumer discretionary, financial and industrial sectors

Is the fall in Aban Offshore's stock justified?

Street worried on impact of lower oil prices; analysts say these can be partly offset by de-leveraging gains

BOOK REVIEWS

An old soldier's meandering memories

Pranab Mukherjee's book is little more than a hagiography of Indira Gandhi and makes us none the wiser

A greater escape

Mark Felton has written a straightforward adventure story, which is undoubtedly the object of the exercise, and he’s done it excellently

Dominic Elliott

Research engine optimisation
Dominic Elliott


Research reform starts here for Europe's investors

Kevin Allison

Re-injecting the fizz
Kevin Allison


Activists may take the Pepsi, and Coke, challenge

CompaniesRss icon

Co-founder of SpiceJet seeks 2-3 weeks to finalise rescue

Ajay Singh is in talks with US-based private equity investors to raise funds and lead a turnaround of the ailing carrier

Pokarna completes redemption of FCCBs

The company has redeemed outstanding FCCBs with face value of $2.461 mn on Dec 19, 2014

HDFC Bank nears record high as FIPB clears FDI proposal

The stock up nearly 3% to Rs 965 on National Stock Exchange.


HDFC Bank nears record high as FIPB clears FDI proposal

The stock up nearly 3% to Rs 965 on National Stock Exchange.

Four SBI Group DMDs appear for interview for MD's post

A Krishna Kumar who was MD and Group Executive (International Banking- IBG), retired on November 30

IndusInd's Romesh Sobti is BS Banker of the Year

He has been chosen for the bank's consistent performance during a period of slow economic growth, mounting NPAs and muted credit demand


Today's picks- 17 December 2014

Nifty, Bank Nifty, DLF, Tata Steel & Bharti Airtel

Airtel to sell telecom tower assets in Zambia and Rwanda to IHS

The deals will allow Airtel to focus on its core business, reduce debt and cut down on capex

OnMobile Global up 5% as board approves share buyback

The board approved buyback of shares through stock exchange mechanism, at a price not exceeding Rs 86 per equity share.


R Systems International surges over 10% as board approves share buyback

The stock rallied 11% to Rs 91, hit a fresh 52-week high of Rs 95 during intra-day trade on National Stock Exchange.

FTIL promoter group entity skips holdings disclosure

Sigma Financial Services, part-owned by Jignesh Shah's private firm, held 7,000 shares of FTIL

Infosys to increase focus on North America, EMEA with Finacle

The company is also working aggressively on introducing disruptive technologies, including data analytics, to offer real-time solutions to banks


Received multiple complaints against DLF, says Sebi

Investors too had complained said counsel for the regulator in SAT

Tata Power's Trombay plant develops technical snag

The gas turbine generator rotor of the Combined Cycle Gas based unit developed an inter-turn short and ground

NCC hits 52-week high on FII buying

On Friday, 19 December 2014, Van Eck VIP Emerging Markets Fund bought 3.81 million shares of NCC at Rs 82.90 per share.


Co-founder of SpiceJet seeks 2-3 weeks to finalise rescue

Ajay Singh is in talks with US-based private equity investors to raise funds and lead a turnaround of the ailing carrier

SpiceJet rallies 40% in two days on change of guard report

The stock rallied 41% to Rs 18.60 from Rs 13.20 on December 18 on BSE.

Change of guard at SpiceJet?

The potential acquirers are likely to take 4-6 weeks to complete evaluating the cash-strapped budget carrier


Tata Chemicals to target FMCG market

TCL is going through a restructuring programme to prune its debt

Sugar stocks still not out of the woods

The ethanol price decision will have limited benefits; prospects will look up only with a revival in the sugar cycle

GSK Consumer elevates marketing head Jayant Singh to regional position

Singh will head to Brazil, while company veteran Prashant Pandey will replace him in India


Sun TV: Positive macros, operational worries

Expectation of advertising recovery and subscription growth are positives but weakening position a worry

Sun TV: Positive macros, operational worries

Expectations of advertising recovery and subscription growth are positives while weakening competitive position is a worry

Jagran Prakashan hits 52-week high on acquisition plan of Radio City

The stock hit 52-week high of Rs 155 on NSE.


Cairn India extends gain as oil surges from five-year low

The stock moved higher by 3% to Rs 248, extending its 4% gain in past two trading sessions on BSE.

New York fracking ban is bad news for RIL, shale gas producers

Analysts say RIL's venture with Chevron will be impacted

Is the fall in Aban Offshore's stock justified?

Street worried on impact of lower oil prices; analysts say these can be partly offset by de-leveraging gains


Commodities

Commodity
Price(Rs)
Change
(%)

26938.00
-60
-0.22

3659.00
+43
+1.19

37010.00
+70
+0.19

409.80
+0.7
+0.17

208.60
-12.8
-5.78

FEATURES

In Depth Rss icon

Conversion: Fuelled by faith, love, politics

The right-wing believes preventing conversions will complement the Prime Minister's development agenda and consolidate political gains

No consensus on what will replace Plan panel

Some of the proposals might be difficult to implement, especially those that give states a say in the financial allocations in Central schemes

Real Estate

Weak real estate sector hits ceramic industry hard

The ceramic industry in Morbi, as it faces a downturn in business because of weak demand from the real estate sector

Brand World Rss icon

Nifty targeting gets Bharat Benz rolling

Daimler's medium-heavy trucks have earned it around 7 per cent share, it claims

Advertising helped insure LIC against competition

For the state life insurer aggressive marketing wasn't on its mind in the 1970s. But it soon changed

Business Education Rss icon

BITS Hyderabad opens its doors for overseas students

To start with, at its Hyderabad campus, it would take 50 foreign students for its more than a dozen undergraduate programmes from next year