Govt to sell 10% stake in Coal India on Jan 30

In country's biggest OFS, govt is selling 315 mn shares with an option to sell another 315 mn; plans to raise Rs 24,000 cr

MARKETS »

Nifty ends at record closing high ahead of Jan F&O expiry


The 30-share Sensex lost 12 points to end at 29,559 and the 50-share Nifty climbed 4 points to close at 8,914.

COMPANIES »

BPCL to raise $2 billion for capex requirement


Also plans to invest Rs 13,000 crore in hydrocarbon exploration and production in Mozambique and Brazil over the next four years

ECONOMY »

Cost implications of insurance package to be insignificant: AEC Chairman


Q&A with Ratan Kumar Sinha on the specifics of the insurance pool for nuclear plant suppliers post India's agreement with the US

AROUND THE WORLD »

Apple reports largest quarterly profit ever by a public company, sells 34,000 iPhones an hour


70% rise in sales in China, shares rise 5%

CURRENT AFFAIRS »

Heavy snowfall bane of reconstructing Kedarnath


Uttarakhand govt sets up panel to monitor works

FINANCE »

Dena Bank gets aggressive for MSME lending in UP


The bank eyeing almost 25% increase in lending in current financial year to over Rs 400 cr

Obama's India Visit »

Make in US, sell in India deal for renewable energy


Investment announcements aimed to boost American solar companies' export to India

BS Poll

Who is the more powerful orator?

Barack Obama  
Narendra Modi  

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Derivatives

Opinion Rss icon

Columnists

Restoring federal
balance

Andy Mukherjee

Finance Minister Arun Jaitley should give India's states more fiscal breathing room

Up the endless judicial
ladder

M J Antony

The revolving door to justice clutters the legal system

Why persist with nuclear
power?

Subir Roy

India will not change its nuclear liability law; instead, it will create a government fund to address claims resulting from an accident

Blind faith in Samsung
makes Cheil revamp an
expensive bet

Seonjin Cha

Even some professional money managers who own Cheil shares aren't clear how the South Korean conglomerate will create value for stockholders

BLOGS


Kavita Chowdhury: On the right to free expression

Defending the right to offend using the free speech argument, but circumscribed by the sensibilities of religious beliefs, is tricky

Abhishek Jha: The baffling case of Stuart Binny's selection

The 'allrounder' got a ticket on the World Cup bus yesterday. Abhishek Jha points out why this selection is biased in more than one way

EDITORIAL COMMENTS

Three days in New Delhi

US president's trip removes some major irritants

The two RKs

The brothers helped shape India's view of itself

Financial X-ray

Maruti Suzuki: One-offs offset gains from higher volumes in Q3

Volume growth might stay strong, given existing portfolio's traction

Jewellery segment adds sheen to Titan's earnings

Due to a revival in consumer sentiment, the management remains positive on growth

BOOK REVIEWS

A cold, hard look at the metaphor for death

For cancer to develop, the p53 gene has to malfunction or its activity has to be suppressed. Till 1989, gene was supposed to be cause of disease

Decoding Marissa Mayer

Nicholas Carlson presents her as a complex personality who defies most stereotypes

George Hay

Precarious existence
George Hay


Greek banks will have to live hand to mouth

Robert Cyran

Bundle of energy
Robert Cyran


An $18-bn deal straightens out twisted pipelines

CompaniesRss icon

CCEA approves HDFC Bank's proposal to raise up to Rs 10,000 crore

A little over a month ago the FIPB had also cleared the private lender's request to raise this money

AP likely to allot 500 acres to Divi's Lab for greenfield project

The company has identified land near Kakinada to set up its plant for making active pharmaceutical ingredients and drug intermediates

Hyderabad firm launches germplasm bank

The Rs 4 cr facility has 107 lockers in which germplasms will be stored from 5-40 years under minus 20 degrees temperature


Emami: Margin gains, other income boosts earnings

The company witnessed healthy growth across key segments in the quarter and remains confident on the road ahead

Emami posts strong performance, net up by 22%

Company attributes spike to new launches. Net sales for the company stood at Rs 692.26 crore a growth of 18.4% YoY

Redington expects to continue benefiting from Apple distribution

The share prices plunged in the morning, recovering a little bit after company's clarification on exchanges


CCEA approves HDFC Bank's proposal to raise up to Rs 10,000 crore

A little over a month ago the FIPB had also cleared the private lender's request to raise this money

SBI can book assets worth Rs two lakh crore

Bank is holding a shareholders meeting on February 2015 to get nod for equity raising plans

SBI to raise Rs 15,000 crore through public issue

The move comes in the backdrop of the Cabinet permitting banks to lower the govt holding from 58% to 52% enabling lenders to raise funds from ...


Cabinet clears auction of 2100 Mhz at Rs 3,705 crore

Auction of spectrum in 800, 900, 1800 and 2100 band is expected to fetch govt up to Rs 1,00,000 crore

Idea net jumps 64% to Rs 767 cr in Q3

Subscriber addition of 22 mn in 2014 the highest in segment; plans to keep debt ratio under control despite key spectrum auction

Airtel to expand 4G in six more circles; inks pact with Nokia

The new circles where Airtel will launch 4G services are AP, North East, Punjab, Rajasthan, Himachal and Karnataka


AP likely to allot 500 acres to Divi's Lab for greenfield project

The company has identified land near Kakinada to set up its plant for making active pharmaceutical ingredients and drug intermediates

Granules Q3 net profit up 8%

Board approves fund raising and stock split plans

Ranbaxy reports over Rs 1,000 cr quarterly loss

Over Rs 130 cr forex loss causes sever dent to company's financial health


Transport dept finds gaps in applications of Uber, Ola, TaxiForSure

Rectifying the deficiencies will further push back the process of licenses

SpiceJet back with discount sale, IndiGo too lowers fares

The airline is offering five lakh discounted seats in a three day sale beginning with tickets priced from Rs 1499 onwards

Gati Ltd's Q3 net up 60%

onsolidated income of the company jumped 15% to Rs 428 crore for December quarter


IPAMA seeks 10% hike in anti-dumping duty on Chinese machinery

Says that the Union government is facing losses because of import of low-quality machines from China

GHCL surges on strong Q3 results

The stock rallied 10% to Rs 83 after reporting 55% year on year growth in net profit at Rs 42 crore in December quarter.

Max India to be split into 3 units

Will bring structural clarity, says promoter Analjit Singh; new entities to be listed to unlock value


Coal India sale offers a good opportunity for retail investors

Since listing in April 2010, the stock is up 57% from issue price of Rs 245; In comparison, Sensex is up 41%

Power producers hurl coal quality, pricing charges at CIL again

CIL says inspection procedure under progress, billing according to agreement

Govt to sell 10% stake in Coal India on Jan 30

Govt is selling 315 mn shares with an option to sell another 315 mn; plans to raise Rs 24,000 cr


Hyderabad firm launches germplasm bank

The Rs 4 cr facility has 107 lockers in which germplasms will be stored from 5-40 years under minus 20 degrees temperature

GSFC's Q3 net profit stands at Rs 103.47 cr

Company's total income decreased to Rs 1344.64 cr

Nagarjuna Agrichem to focus on domestic market

The company has an estimated share of 4 pc in the Rs 13,200-cr domestic agrochemical sector


Sun TV stock unfazed by Marans' woes

Stock rises 1.25%; analysts remain bullish on the scrip

Shemaroo Entertainment extends rally on FIIs buying

FIIs acquired 886,270 shares representing 3.26% stake in Shemaroo Entertainment in past two trading sessions.

Dish TV hits 52-week high on trimming losses in Q3

The stock up 4% at Rs 77.50 on BSE after reported net loss of Rs 2.87 in December quarter against loss of Rs 38 crore in year ago quarter.


BPCL to raise $2 billion for capex requirement

Also plans to invest Rs 13,000 crore in hydrocarbon exploration and production in Mozambique and Brazil over the next four years

RIL, BP to invest about Rs 6000 cr to improve gas recovery

The two firms are also working to develop 3-4 Trillion cubic feet of gas discoveries off the east coast

ONGC says natural gas output to jump 81% by 2019

The increased production will come from Krishna Godavari basin gas block KG-DWN-98/2 as well as western offshore discoveries


Technology Rss icon

Xiaomi launches Mi4 in india, to go on sale on Feb 10

Registrations begin on Flipkart at 6 pm today

Hike Messenger introduces free voice calling on app for Android

Launch comes just 3 weeks after company acquired US-based free voice-calling app Zip

BlackBerry Classic: QWERTY days are here again

In the Classic, QWERTY lovers might have finally found a device to look up to

Beyond Business Rss icon

Majnu ka Tilla: Flashes of a Forbidden Kingdom

The narrow lanes of Majnu ka Tilla in north Delh hide many Tibetan marvels, from authentic food to vignettes of their lives

An unscripted performance explores the power of listening

Two Women Talking, an unscripted performance in the form of a conversation between two women, is a cathartic experience

Commodities

Commodity
Price(Rs)
Change
(%)

27842.00
-60
-0.22

2810.00
-32
-1.13

39525.00
-5
-0.01

337.35
+1.35
+0.4

176.20
-6.6
-3.61

FEATURES

In Depth Rss icon

With a taste for buyouts, Zomato takes on the world

WIth six acquisitions in the past six months, the online restaurant search service has expanded its presence to 22 countries

Kuoni

How Kuoni fell behind in the travel trade

The Swiss company's problems in India were because of its technological inability to cater to the changing nature of holidays that has altered ...

Real Estate

How the ready reckoner affects property prices

Besides making property more expensive, the rates also affect existing owners with higher taxes

Brand World Rss icon

SureWaves: Getting local

The Bengaluru-based firm ties up with Hansa Research for a real-time audit of ad spends on its 450 local cable channels

Twin team of Dish TV and Zing on the beam

With Dish TV’s high-ARPU focus on HD & sports content & Zing’s regional, low-cost model, combination has increased overall share in some markets

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