EARTHQUAKE JOLTS NEPAL »

Nepal earthquake: Death toll climbs over 2,100, rescue operations continue


Prime Minister Narendra Modi directed immediate dispatch of rescue and relief teams, including medical staff, to the affected areas

Subhas Chandra Bose

WEEKEND SPECIAL »

The inheritors


Recent declassified information says that Subhas Chandra Bose's family was kept under surveillance even after Independence

COMPANIES »

Oil Min rejects RIL arbitration notice, terms it untenable


Ministry says move based on provisions of contract and there's no dispute that needs to be arbitrated upon

ECONOMY AND POLICY »

FIPB to take up 41 foreign investment proposals on Apr 30


Kotak Mahindra Bank has approached the panel to seek nod for raising foreign investment cap in bank to 55%

AROUND THE GLOBE »

Amid errors, Obama publicly wrestles with drones' limits


The US President is, however, unlikely to overhaul his drone-oriented strategy

FINANCE »

Insurers, banks oppose mandatory cap on business from one insurer


Irdai has said no corporate agent can get more than 90% business from one insurer in life, non-life or health in their first year of operation

CURRENT AFFAIRS »

Mann Ki Baat: Determined to end manual scavenging, says PM


Modi said it was not proper that in today's world families had to manually remove and carry human excreta as headload

OPINION »

COLUMNIST »


Uday Abhyankar: The potential of opening up Iran

The possibility of a deal between Iran and the world on its nuclear programme has some perils but much promise for India

Editorial Comment »


This Stephanian matter

Why does a spat in St Stephen's arouse such interest?

BS Poll

Does Infosys still make an attractive buy after the Q4 results?

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Derivatives

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Columnists

The potential of opening
up Iran

Uday Abhyankar

The possibility of a deal between Iran and the world on its nuclear programme has some perils but much promise for India

India's private
investment puzzle

M Suresh Babu

Firms will use cash flows to reduce debt rather than fund new projects. The pvt sector can't be expected to heed govt's call to invest more

Farming - Barking up the
wrong trees

T C A Srinivasa-Raghavan

The fault lies not in our farming but in our inheritance laws. They need tweaking

'This is not suicide. It
is homicide'

Lok Sabha

We should vociferously and steadfastly say that suicide is a dastardly and cowardly act. Society has a responsibility to say this

BLOGS


Remembering passwords, a pain!

Like it or not, passwords control you, not the other way round; and they're only increasing in number

Can getting an ATM PIN cost you Rs 300? It's possible!

It can if your debit card belongs to a PSU bank

Weekend Columnists

The point of no return
Malavika Sangghvi

A death like that, of a young man at the prime of his life, could stop a nation in its tracks and bring a government to its knees

Of gorillas and fat cats
Arundhuti Dasgupta

Stories about Garuda and Suparna brought forth the heroic qualities of animals

Financial X-ray

Infy's Q4 revenue growth lags peers

Sets ambitious 10-12% growth target for FY16 and $20 bn by 2020

L&T Finance: Potential for re-rating

Inexpensive valuations, strong growth prospects and improving return ratios have made most analysts bullish

BOOK REVIEWS

Living through civil war

The book is a remarkable work of narrative non-fiction born of five years of reportage by a political journalist

Antony Currie

Belly up to the deal
Antony Currie


M&A advice can be seen clearly with beer goggles

Richard Beales

Shaw thing
Richard Beales


Google's Schmidt again plays adult in DE Shaw buy

CompaniesRss icon

United Spirits, Vijay Mallya set for a lengthy legal battle

Were they sleeping till now? retorts Mallya, as he and United Spirits get set for a lengthy legal battle

Vedanta eyeing minority stake in Electrosteel Steels

Electrosteel has been under corporate debt restructuring scheme since 2013 with a debt of more than Rs 6,000 crore

Ratan Tata picks up stake in Xiaomi

Phonemaker declined to disclose deal value


United Spirits, Vijay Mallya set for a lengthy legal battle

Were they sleeping till now? retorts Mallya, as he and United Spirits get set for a lengthy legal battle

Top 9 Sensex firms lose over Rs 1 lakh crore in m-cap

Sun Pharma, Infosys take biggest hit; TCS is the sole gainer

Titan Eye Plus to open 60 new outlets this fiscal

Firm is also looking at increasing distribution of in-house brands, Fastrack and Glares, this year


FIIs hike stake in HDFC to record high of nearly 80%

The mortgage financier is also the first listed Indian company among 30 Sensex firms to have 80% shareholding by FIIs

Govt renews search for five PSU bank chiefs; norms relaxed

Age limit increased to 57 years, from 55, mandatory board-level experience reduced to one year, from three

Govt may add two new criteria for fresh fund infusion in PSBs

Special consideration for banks with international branches, those with operations in eastern belt


Ratan Tata picks up stake in Xiaomi

Phonemaker declined to disclose deal value

Telecom operators slash call rates to quake-hit Nepal

MTS India to charge calls at a rupee a minute, compared with normal rate of Rs 7-12, Tata teleservices to charge 1p per sec

No works at DoT without advance payment: BSNL to staff

According to BSNL employee union representatives, unpaid bills for services rendered are said to be over Rs 300 crore


Top 9 Sensex firms lose over Rs 1 lakh crore in m-cap

Sun Pharma, Infosys take biggest hit; TCS is the sole gainer

Suven gets fresh product patents overseas

Suven has a total of 21 granted patents from Australia, 15 from Europe, 16 from Hong Kong, 4 from Israel and 5 from Norway

Innovision Healthcare set to raise Rs 35 crore

Herbal health care products maker is in talks with a clutch of strategic investors


Goodyear looking at India with 'renewed interest'

Goodyear, which entered the Indian market in 1922, has two manufacturing plants at Aurangabad in Maharashtra and Ballabgarh in Haryana

Car exports from India decline 1.66% in 2014-15

Decline mainly due to country's largest car exporter Hyundai Motor slipping 18% in its overseas shipments

DLF to remain in Group A category: BSE

Exchange to also move United Spirits, GATI and JK Tyre to Group A, will drop Ranbaxy and ING Vysya Bank


NTPC's Lara project lands in trouble

The mega power project of the National Thermal Power Corporation (NTPC) coming up in Lara of Raigarh district had landed in trouble with people ...

IL&FS Engg bags Bangalore Metro contract worth Rs 327 cr

The contract involves construction of elevated structures (viaduct) of length of 3.945 km and is to be completed in 27 months

NTPC signs PPA for phase 1 of 1,000 mw ultra solar project with AP discoms

This is Ph I of 1,000 Mw ultra solar power project being set up by company


Sapna Infoway plans to raise Rs 60 crore

The company is one of the largest exporters of vernacular language books from India

Jhunjhunwala sells Rs 67-cr worth shares in Sterling Holidays

Investor Rakesh Jhunjhunwala has sold majority of shares held in leisure hospitality and Vacation Ownership company Sterling Holiday Resorts ...

DLF to remain in Group A category: BSE

Exchange to also move United Spirits, GATI and JK Tyre to Group A, will drop Ranbaxy and ING Vysya Bank


Vedanta eyeing minority stake in Electrosteel Steels

Electrosteel has been under corporate debt restructuring scheme since 2013 with a debt of more than Rs 6,000 crore

LED market bullish on high adoption ratio

Rise in adoption on back of strong push towards sustainable lighting solutions

Set up evacuation mechanism, rail infra for 1 bn tonne coal: panel

Committee says Coal India has undertaken a few major infrastructure projects to be executed by Railways


India plans to set up urea plant in Iran: Govt

RCF, GSFC and GNFC appoint SBI Caps for advisory and due diligence services to find an Iranian JV partner

Rallis: Growing seed, agrochemical portfolio provides zing

While seeds business continues to do well and new agrochem products should drive growth and margins, a weak monsoon could take away some sheen

Market Watch: 15 stocks to watch in trade on Thursday

Biocon, HDFC Bank, Cairn India, M&M Financial, Clariant Chemicals and Rallis India likely to react to newsflow


Today's picks- 23 April 2015

Nifty, Bank Nifty, Tech Mahindra, Cairn India & Zee Entertainment

Dish TV: Strong signals

The company is on course to improving profitability but any move to expand smaller recharge options to subsidise set-top box charges by ...

UFO sets IPO price band at Rs.615-625

Offers open to the public from April 28 to April 30


Top 9 Sensex firms lose over Rs 1 lakh crore in m-cap

Sun Pharma, Infosys take biggest hit; TCS is the sole gainer

Crude oil slump: Cairn exits Lanka

Cairn has already slashed its capital expenditure to $500 million from $1.2 billion earlier

Cairn India rebounds from 52-week low

The moved higher by 3% to Rs 221,bouncing back 9% from its 52-week low of Rs 202 touched on the NSE in early morning trade.


Crisil erases early gains on profit booking

The stock rallied nearly 17% on the NSE in early morning trade after it announced share buyback plan.

CCI closes anti-competitive case against Gujarat Gas

The Competition Commission of India had initiated a detailed probe in the case following a complaint by Saint Gobain Glass

Cimmco surges on bagging defence items manufacturing license

The stock is locked at the upper circuit of 10% at Rs 107 on the National Stock Exchange.


Technology Rss icon

Xiaomi launches tailored Mi4i for Indian market

Low-cost version for India priced at Rs 12,999, has a plastic body

Beyond Business Rss icon

The dancer and the dance

Choreographer Ashley Lobo has started a contemporary dance repertory company, Navdhara India Dance Theatre

To build a world class university in Noida

Shiv Nadar University is pulling out all stops to attract teaching talent from the US, but will it be enough

Commodities

Commodity
Price(Rs)
Change
(%)

26720.00
-180
-0.67

3638.00
-50
-1.36

35982.00
-129
-0.36

384.85
+7.9
+2.1

164.50
-0.1
-0.06

FEATURES

In Depth Rss icon

Museum of neglect

The Crafts Museum in Delhi, one of the largest in India, is crumbling. What it needs is restoration, not uncertainty over its future

Climate change: Moving beyond the rhetoric

Indian diplomats should know by experience that it is the fine print & not rhetoric that will determine impact of the Paris pact later this year

Start-ups

Coverfox.com raises Rs 75 cr in Series-B from Accel, SAIF partners

Coverfox had earlier raised $2 mn in a Series-A round from Accel India and SAIF partners

Brand World Rss icon

Sachet-sized TV recharge

Tata Sky has taken a leaf out of telecom companies in its bid to get crucial numbers in small-town India

Disney wears a profitable movie producer's hat

PK was a dream but even without it, the studio has balanced a big slate with high return on investment

Lunch with BS Rss icon

Lunch with BS: Arne Sorenson

Sorenson, president & CEO, Marriott International, explains why his partners are willing to shell out 3% of sales and 8-10% of profits