MARKETS »

Financials & auto shares rally in range-bound market


Bajaj Auto, M&M, Maruti Suzuki, Hero Moto and Tata Motors have gained between 0.4-3%

COMPANIES »

Cairn gets environment clearance to hike output from Rajasthan block


Also gets clearance to produce up to 165 mn standard cubic feet per day from Barmer basin

ECONOMY »

Economy to grow 5.8% in 2014-15, says Mayaram


Says IIP data suggests that corporate order books are building up

Around the world »

China's flash PMI slips to 3-month low in August


New orders sub-index falls to 3-month low of 51.3

PERSONAL FINANCE »

Indians believe in saving more for retirement: Survey


Survey was conducted across 12 countries, covering 22,347 employees working for large, non-govt employers

Harsh Vardhan

CURRENT AFFAIRS »

Harsh Vardhan defends removal of AIIMS vigilance officer


The health minister on Thursday said the whistle-blower office Sanjiv Chaturvedi was ineligible for the post he was in

PLANNING COMMISSION 2.0 »

People power to new Plan body


A special open forum has been created on the website mygov.nic.in for suggestions

Have Your Say




Narendra Modi has invited comments and suggestions on his move to scrap the Planning Commission. What would your advice to the Prime Minister be?

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Derivatives

Opinion Rss icon

Columnists

RIP Planning Commission
Nitin Desai

The Planning Commission has not been central to the policymaking process since the mid-1960s

Banking on development
Barun Roy

The New Development Bank and AIIB are welcome but can they assuage the growing hunger for infrastructure funding?

Acche din for the
financially excluded or
too much din?

Vikram Gandhi & Chandni Ohri

Financial inclusion experts are not cheering yet since realising this vision requires significant shifts in the regulatory ecosystem

The SEZ fixation
Rahul Jacob

Pushing for more SEZs even as farmers' opposition to them grows across country is as unrealistic as pursuing “zero defect” manufacturing

BLOGS


EPL: week one, take one
Dhruv Munjal

Man United stumble as Chelsea, Man City lay down early marker

Back to the future in Vidarbha for cotton farmers
Aman Sethi

How a new-old planting technique could make rain-fed cotton planting more viable

EDITORIAL COMMENT

Govt action on environment contradicts stated objective

Government is diluting green regulations, not reforming them

In Indo-Pak tango, a wasted moment

By ending talks with Islamabad, Delhi fails vision test

Financial X-ray

Jet Airways: International business is the only hope

Seeks to raise share of international biz to 60%, margins expected to improve on stronger rupee

Bosch: Reversal in fortunes on the cards

Higher domestic demand, increasing exports and localisation should aid revenues, margins

BOOK REVIEWS

Father and friends

Manmohan Singh's daughter Daman Singh charts the journey of her parents in her book Strictly Personal: Manmohan and Gursharan

A borderline case of discomfort

The acute discomfort of both China, India with circumstances that they have found themselves in over past 60 yrs comes out strongly in this book

George Hay

Firing line
George Hay


Latest blunder hits StanChart where it most hurts

Andy Mukherjee

Testing times
Andy Mukherjee


Fed adds urgency to Indonesia's fuel reform test

CompaniesRss icon

Fairness cream makers welcome new ad norms

ASCI yesterday released norms for fairness creams, saying these would go a long way in ensuring ads do not discriminate against people with dark ...

Diversification, new launches to give a boost to Emami's growth

Entry into new and high-growth categories will also help diversify from a seasonal portfolio

Godrej Consumer expects double digit growth in FY15

In the last three years, company has been growing about 28 to 29% annually


Muthoot Group expands presence in education space

Launches Paul George Global School which would be ready for academic session 2015

PSU banks in focus; CNX PSU Bank index up 2%

Union Bank, Canara Bank, Bank of India, Oriental Bank of Commerce, IOB and Andhra Bank are up 3-5% on NSE.

Kotak Mahindra Bank hits lifetime high

The shares sale has been undertaken pursuant to RBI's requirement to reduce the promoter shareholding


Today's picks- 21 August 2014

Nifty, Bank Nifty, Tata Power, IDFC & HCL Tech

Street patient for Infy while Sikka makes right moves

Analysts say no performance pressure on Sikka for at least two quarters

TCS' Diligenta secures deal with UK-based Friends Life

In 2011, TCS subsidiary had taken over IT and customer services functions of the UK business of Friends Life for 15 years


Claris Lifesciences gains on MHRA nod for new plant

This will help in enhancing capacities to grow in the regulated markets, especially the European region, Claris said.

Packaging violations: US justice department probes Dr Reddy's

The latest development is in addition to the US Consumer Product Safety Commission's ongoing engagement with the company on the same issue

Zydus Cadila gets USFDA nod to market anti-viral drug Acyclovir

The group now has 95 approvals and has so far filed 249 ANDAs since commencement of the filing process in FY04


SpiceJet flies past Jet to number two rank

IndiGo's passenger load factor, at 67% in July, fell six percentage points from the same month last year

IndiGo evacuates passengers after smoke scare

Hydraulic oil had leaked into the aircraft's left brake assembly unit causing smoke to emerge out of the unit

Jet Airways: International business is the only hope

Seeks to raise share of international biz to 60%, margins expected to improve on stronger rupee


Arvind gains 6% on forays into e-commerce

The company expects Creyate to become a Rs 100-crore brand by next year.

Textile giant Arvind Limited forays into e-commerce

Launches online custom clothing brand; targets Rs 1,000 crore from e-retail business in three years

Arvind forays into e-commerce with custom clothing brand 'Creyate'

Company sees e-commerce as a key growth driver for the group and aims to be Rs 1,000 crore plus business in three years


Metal shares decline on hike in mineral royalty rates, weak Chinese data

Tata Steel, Sesa Sterlite, JSW Steel, SAIL and NMDC are down 1-2% on the National Stock Exchange.

Can the Singals solve Bhushan's debt crisis?

With the stock market entering a bull phase, many believe the Singals can bring in the much-needed equity capital and reduce their debt

Banks ask Bhushan to sell & lease back critical assets

SBI Caps readies plan, identifies 4 assets; bankers say there are enough bidders


MCFL stake buy move gets CCI nod: Deepak Fertilizers

Deepak Fertilizers and Petrochemicals Ltd as well as Zuari Agro Chemicals are looking to take over MCFL

Pune-based TastyKhana ties up with Domino's Pizza

Tie up would enable TastyKhana.in to take online orders through their website for Dominos Pizza across 158 cities

Is Deepak Fertilisers losing interest in MCF takeover bid?

Company has so far shown reluctance to revise its open offer as well


Zee Entertainment gains 4% on Nifty inclusion

Zee Entertainment Enterprises will replace United Spirits in Nifty 50 stocks with effect from September 19, 2014.

Zee Entertainment to replace United Spirits in Nifty

Company will be moved up to main index, effective from Sept 19, 2014

Eros International zooms on acquiring worldwide rights for Zee TV shows

The company said its on-demand entertainment portal ErosNow has acquired the worldwide rights of popular Zee TV shows.


Cairn gets environment clearance to hike output from Rajasthan block

Also gets clearance to produce up to 165 mn standard cubic feet per day from Barmer basin

Govt plans to stop RIL from selling crude to Jamnagar refinery

Petroleum Ministry is considering directing the company to sell KG-D6 crude oil to CPCL

RIL to import ethane from own shale assets in North America

The company is implementing a project to source 1.5 MMTPA of ethane from US to feed its crackers in India


FTIL & MCX agree to terms of new tech deal

FTIL has agreed to reduce its annual maintenance charge by 40%

Govt orders Gail to cut gas from non-priority areas for retail needs

The ministry in an order has authorised the company to meet full requirement of CNG retailers like Indraprastha Gas Ltd

Just Dial gains after board nod for hiking FII limit

The board also approved acquisition of just Dial Inc. from Just Dial Global Private Limited.


Beyond Business Rss icon

B K S Iyengar

B K S Iyengar: The man who popularised yoga in the West

With his passing, an era of India's greatest yoga teachers may well have drawn to a close

Fashion designers get ordinary people to model on their shows

Fashion designers are now getting 'regular' people - watchmen, gym instructors, rickshaw pullers - to model on their shows

Commodities

Commodity
Price(Rs)
Change
(%)

27997.00
-215
-0.76

5670.00
-29
-0.51

42053.00
-288
-0.68

235.20
+2.9
+1.25

423.10
-1.95
-0.46

FEATURES

In Depth Rss icon

Brij Bhushan Singal

Can the Singals solve Bhushan's debt crisis?

With the stock market entering a bull phase, many believe the Singals can bring in the much-needed equity capital and reduce their debt

Sudhir Kumar Jain

Can govt banks ride the momentum for change?

Bogged down by inefficient boards, public sector banks have got mired in mounting bad loans and rising corruption

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

Why Jet failed to 'Konnect'

The no-frills brand scored poorly on perception, performance, popularity and profit

TVS adds Zest to Scooty

Venu Srinivasan said that the new model was all about the aspirations of the young woman

Business Education Rss icon

B-school cut-offs might go up with new CAT pattern

If difficulty level of exam is lowered, percentile cut-off may become higher