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MARKETS »

Markets rangebound; Metal stocks gain; GAIL dips 2%


Sensex is down 22 points at 26,125 and Nifty is down 6 points at 7,789

COMPANIES »

Where will Flipkart spend its $1 billion?


Flipkart recently acquired Myntra in a $300-million cash and stock deal

ECONOMY »

Coal projects: Environment ministry eases clearance rule


Agrees to coal ministry idea of doing away with individual mine examination and to, instead, consider clusters in the case of Coal India

Around the world »

Facebook beats Wall St targets, stock hits record high


Mobile ad business helps drive 61% increase in revenue

CURRENT AFFAIRS »

India votes in support of UNHRC resolution on Gaza


US only nation to vote against the resolution

FINANCE »

RBI raises FII sub-limit in govt bonds by $5 bn


The overall limit for FII investment in government bonds has been kept unchanged at $30 bn

BRAND WORLD »

Localised ads market gets its shooting STAR


STAR India is eagerly presenting its service of localised channel feeds to advertisers, agencies. Brand-owners say these need to be tested

OPINION »

COLUMNIST »


Rahul Jacob: Criminalising all of us

Section 377 and the Boiler Act are a reminder of how many of our laws date back to British times and seem archaic in the 21st century

Editorial Comment »


Selecting justice

Judicial appointments need transparency

ON THE BEAT »


Kavita Chowdhury: Things fall apart,the Centre cannot hold

As the Congress heads into another round of assembly elections by 2014 year end, insiders admit that they are reconciled to facing defeat


PERSONAL FINANCE »


Can timely payment of claims be guaranteed?

It may not always be assured. Coverage of scheme limited; time of applicability not clearly spelt out

BS Poll

Former justice Katju's allegations seem to point to corruption in the Supreme Court. Do his charges hold water?

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Can't Say  

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Derivatives

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Columnists

Indian Railways -
nostalgia and reality

Agnikalam

Travelling by rail in India was once a pleasure, but has now become a forbidding challenge

Singapore's skyrise
gardens

Barun Roy

Vertical gardens are a cornerstone of the state's development plan and can be a game-changer in its quest for greater sustainability

Rebooting the G20
framework

Alok Sheel

Instead of targeting global imbalances per se, the narrative must change to the structure and direction of such asymmetries

Criminalising all of us
Rahul Jacob

We should be glad B R Ambedkar is not alive today. Then again, he would have argued the case against Section 377 brilliantly

BLOGS


Things fall apart , the Centre cannot hold
Kavita Chowdhury

As the Congress heads into another round of assembly elections by 2014 year end, insiders admit that they are reconciled to facing defeat

Mission to Mars
Raghu Kalra

So far, no nation has been able to enter the planet's orbit in the maiden attempt. Will India's MOM be the first?

EDITORIAL COMMENT

Selecting justice

Judicial appointments need transparency

Sold out

A new model for electronics, and online retail

Financial X-ray

Cairn's PAT down on high depreciation charges

Average daily production up 3% y-o-y during Q1, gas output down 12% to 48 mscfd

Dish TV eyes gains in FY15

Higher subscriber additions, price rises would help improve revenues and margins

BOOK REVIEWS

Thackeray's true stripes

Hindu Hriday Samrat underscores how Bal Thackeray was always the leader in absentia and how he allowed his aura to rule over the people

What matters to Pele

Why Soccer Matters is like an abridged biography of Pelé that is narrated against the backdrop of five football World Cups

Andy Mukherjee

Hope abounds
Andy Mukherjee


Indonesia reform hopes rise with clear Jokowi win

Robert Cyran

Wind up the iWatch?
Robert Cyran


Apple winds up earnings hope for new gadgets

CompaniesRss icon

Panacea Biotech surges on fund raising plans

The stock surged 15% to Rs 186 on NSE after the company announced fund raising plans of upto Rs 250 crore.

TVS Motor hits record high ahead of Q1 earnings

Analysts expect improvement in margin on higher operating leverage, exports and a better product mix.

Ipca Lab dips on FDA observations on Ratlam plant

The company stopped shipments from the company's APls manufacturing facility at Ratlam, MP for the US markets.


Shalimar Paints bipartite meeting inconclusive

Ghatak said the management told them the company was willing to build a modern plant there for which some time was required

IKEA's leisurely scout for a start

After clearance in 2012, single-brand showpiece still to decide on a single location, with first store unlikely before 2017

Asian Paints shows all-round growth

Pick-up in growth of industrial paints likely to complement strong show in decorative paints


L&T Fin: NPAs dampen stable loan growth, credit costs

Gross NPA rose 39 bps sequentially to 3.57% on the back of continued stress in CV, construction equipment and corporate segment

YES Bank Q1 net up 9.6% at Rs 439 cr

The total net income rose 6.3% to Rs 1,171 cr

YES Bank wanted to remove Kapur as promoter: Counsel

Kapur's counsel presented copies of the correspondence between the two institutions during 2010-13 to challenge the promoter status of Kapur, ...


Tata firms' impending debt repayments trigger non-core asset sale

Tata Power, Indian Hotels, Tata Steel and Tata Comm together have over Rs 45,000 cr of debt due for repayment in the next two-and-half years

Aircel-Maxis case: Attorney General Rohatgi tells CBI to chargesheet Marans

AG's view in the long-pending case related to the Aircel-Maxis deal has come in less than two months of the Narendra Modi government taking ...

Trai proposals won't benefit RJio, RCom

Airtel, Vodafone & Idea, with higher bandwidth across different bands, could take advantage of spectrum sharing


IT hiring growth pegged at 6% in FY15: Nasscom

8-11% is the wage increase that the IT sector will see this year, according to Nasscom's Annual HR Survey

Margin pressure to continue for Hexaware

Even as it steps up investment & remains confident on top-line growth, weak margin outlook has led earnings downgrade

Today's picks

Nifty, ICICI Bank, Infosys, Ambuja Cement & Tata Steel


Panacea Biotech surges on fund raising plans

The stock surged 15% to Rs 186 on NSE after the company announced fund raising plans of upto Rs 250 crore.

Ipca Lab dips on FDA observations on Ratlam plant

The company stopped shipments from the company's APls manufacturing facility at Ratlam, MP for the US markets.

Strides Arcolab gets USFDA approval to sell transplant drug

Company's shares were trading 0.62% down at Rs 670 apiece during afternoon trade on the BSE


TVS Motor hits record high ahead of Q1 earnings

Analysts expect improvement in margin on higher operating leverage, exports and a better product mix.

Mahindra opens 'all-in-one dealership' in Dahod

The new dealership will take care of the Mahindra's vehicles sales, service and spares supply in the entire district

MRF Q3 net up 1.3% at Rs 230.22 crore

Company had posted a net profit of Rs 227.28 crore in the same period last fiscal


Developers line up Rs 5k-cr budget housing projects

In the wake of boost from the Budget & RBI move on affordable housing, Tata Housing & Mahindra Lifespace, among others, plan new

Tata firms' impending debt repayments trigger non-core asset sale

Tata Power, Indian Hotels, Tata Steel and Tata Comm together have over Rs 45,000 cr of debt due for repayment in the next two-and-half years

Essar Ports Q2 PAT at Rs 92 crore, down 10% year-on-year

Increased expenses, higher finance cost drags company's bottomline


Jet eyes debt restructuring to turn profitable by 2017

Jet Airways, which began as a full-service airline in 1993 has been plagued by losses for years due to intense competition in the domestic

Tata firms' impending debt repayments trigger non-core asset sale

Tata Power, Indian Hotels, Tata Steel and Tata Comm together have over Rs 45,000 cr of debt due for repayment in the next two-and-half years

Jet says it aims to turn profitable in 2017

Company is in the process of finalising its new products, restructuring its financial balance sheet, working with banks and making payments to ...


Today's picks

Nifty, ICICI Bank, Infosys, Ambuja Cement & Tata Steel

GACL net profit up 52% in Q1

The company registered the Q1 net profit at Rs 57 cr as against Rs 37 cr for the corresponding period last year

Atul Limited soars over 10% on robust Q1 earnings

Q1 net profit up 48% at Rs 59.78 crore against Rs 40.45 crore in the corresponding quarter previous year.


Coal projects: Environment ministry eases clearance rule

Agrees to coal ministry idea of doing away with individual mine examination and to, instead, consider clusters in the case of Coal India

Coal scam: ED attaches Rs 186-cr assets of Nava Bharat Power

This is the second attachment order by the ED in the coal blocks allocation scam

Tata firms' impending debt repayments trigger non-core asset sale

Tata Power, Indian Hotels, Tata Steel and Tata Comm together have over Rs 45,000 cr of debt due for repayment in the next two-and-half years


McLeod Russel mulls diversification, in discussion with consultants

Expected to gather the responses from consultants in another three months' period

Tata Coffee posts 24.9% fall in June quarter profit

Lower profits in the June quarter reflect the lesser quantity of crop available for sale in the plantation business

Slow start to fertiliser sales this year: Murugappa chairman

However, he says current situation isn't as grim as predicted and indications are positive


Dish TV eyes gains in FY15

Higher subscriber additions, price rises would help improve revenues and margins

Sun TV Network plunges 10% on heavy volumes

A combined 679,000 shares changed hands on the counter in first half-an-hour of trading against an average 300,000 shares that were traded daily ...

Dish TV posts loss of Rs 16.05 crore in Q1

Company had registered a standalone net profit of Rs 31.73 crore for the April-June quarter of the last fiscal


Riddhi Siddhi Gluco hits 52-week high on share buyback plan

The board has recommended buyback to 2.37 million equity shares at a maximum price of Rs 450 per equity share through tender offer.

Today's picks

Nifty, Bank Nifty, HDFC, GAIL & HCL Tech

Greenply Industries gain on robust Q1 results

Greenply Industries' net profit surged 33.9% to Rs 30.23 crore on 7.5% growth in net sales to Rs 516.74 crore in Q1


Beyond Business Rss icon

Riteish Deshmukh

Has Riteish Deshmukh finally come of age?

After a decade of acting in comic films, Riteish Deshmukh finally shows a versatile side with Ek Villain

Dal Lake: High-water mark

The Dal Lake in Srinagar may be a must-do for tourists, but it sometimes affords an offbeat experience of the region

Commodities

Commodity
Price(Rs)
Change
(%)

27886.00
-9
-0.03

6196.00
+15
+0.24

44931.00
-166
-0.37

226.60
-2.3
-1

427.10
-1.85
-0.43

FEATURES

In Depth Rss icon

Spectrum sharing won't fix telcos' problems

Trai's recommendations come with stringent guidelines that will make it hard for telecom companies to share spectrum with one another

Will asset sale help Jaypee tide over its debt woes?

Only an economic recovery will help Jaypee generate strong cash flows in its core businesses of construction and real estate

Real Estate

Realtors tweak strategy for affordable housing

Margins for developers have fell to 15-20 % in affordable segment

Brand World Rss icon

Localised ads market gets its shooting STAR

Major broadcaster, STAR India, is eagerly presenting its service of localised channel feeds to advertisers and agencies. Brand-owners say these ...

Malaysia Airlines

Malaysia Airlines: Miles to go for salvaging brand

Perception is more influential than reality, and air travellers typically make decisions based on the credibility of the airline

Business Education Rss icon

National Skill Development Corp to train 120 mn by 2022

NSDC has made a skill development management system where data of all trainees is maintained