AirAsia flight from Indonesia missing

The flight en route to Singapore lost contact 42 minutes after take off from Surabaya; 155 people are aboard

WEEKEND SPECIAL »

2014: The year of fear and faith


A deviant cabbie, a slum dweller, two Dalit girls and a bureaucrat - ordinary people triggered extraordinary events in 2014

COMPANIES »

Coal block auction: CIL seeks clarity on three mines


These three blocks figure in the 'Schedule I' list of those coal mines, which are being auctioned afresh

ECONOMY »

Govt unlikely to cancel UMPP bids if PSU firm sole bidder


Private firms withdrew from bids for projects in TN, Odisha citing difficulties in securing finances

FINANCE »

Axis Bank in talks for tie-up with payments bank


RBI came out with final guidelines for Payments Banks last month, wherein the aspirants have been allowed to enter into joint ventures with ...

AROUND THE WORLD »

Malaysia to help in search of AirAsia flight: Najib Razak


Malaysian PM says his country may be facing its third aviation disaster in the year, after the loss of two Malaysia Airlines aircraft in March ...

MARKETS »

Weekly: Markets decline as FIIs sell


Sensex loses 130 points to end the week at 27,242; FIIs net-sell equities to the tune of Rs 3,500 cr

2004 TSUNAMI, 10 YEARS ON »

When the waves came crashing to Indian shores


On Dec 26, 2004, a tsunami took a huge toll on life in Tamil Nadu. A decade later, BS takes a look at the change it has brought

BS Poll

Who should the PDP form the J&K government with?

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Columnists

Laying the foundation
for take-off

Ajay Chhibber

What are the reforms needed in 2015 to help achieve eight per cent-plus growth?

Asia's democratic arc
Hemant Krishan Singh & Sanjay Pulipaka

It is in context that we need to view importance of Modi's Act East Policy, Abe's victory in Japan polls & Obama's forthcoming visit

Raghuram Rajan's fine
line

T C A Srinivasa-Raghavan

The prime minister's support is crucial for RBI governors because their mandates bring them into conflict with finance ministers

'We have streamlined the
entire system'

Birender Singh

My esteemed friend K H Muniyappa was very particular that this scheme was the creation of the previous government

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

Weekend Columnists

Goodbye and good luck
Malavika Sangghvi

What can you say about a year when more people took the ALS Ice Bucket Challenge than who knew why they’d taken it or what ALS stood for?

Wines for 2015
Alok Chandra

Among Cabs, I would recommend Vallonne Cab Classique 2011 (reserve) and Charosa Cab Reserve, as well as the Krsma Estates Cabernet Sauvignon

Financial X-ray

Yes Bank: NIMs to expand 15-20 bps in FY16

Focus on retail franchise and fall in cost of funds to drive earnings growth

Order boost, inhaler sales key triggers for Cipla

Street to keep an eye on margin improvement and launch of combination inhalers

BOOK REVIEWS

How Sachin created a cricket humourist

Vikram Sathaye shares his experiences from his time spent with the Indian team as a sort of unofficial groupie

Stephanie Rogan

Dilma's debacle
Stephanie Rogan


Clean sweep needed to restore trust in Petrobras

Daniel Indiviglio

Hazy rules
Daniel Indiviglio


Uncle Sam stoked to hash out marijuana in 2015

CompaniesRss icon

Axis Bank in talks for tie-up with payments bank

RBI came out with final guidelines for Payments Banks last month, wherein the aspirants have been allowed to enter into joint ventures with ...

Lupin eyes acquisitions in US, Europe

During the last fiscal, global markets (excluding India) accounted for around 75% of the total revenues of the company,

Coal block auction: CIL seeks clarity on three mines

These three blocks figure in the 'Schedule I' list of those coal mines, which are being auctioned afresh


Axis Bank in talks for tie-up with payments bank

RBI came out with final guidelines for Payments Banks last month, wherein the aspirants have been allowed to enter into joint ventures with ...

Manappuram Group may apply for banking licence

The company is going for the third NCD public issue during the current financial year from January 15, 2015 to mobilise Rs 200 crore

Yes Bank: NIMs to expand 15-20 bps in FY16

Focus on retail franchise and fall in cost of funds to drive earnings growth


Airtel rolls out special data packs for VoIP

Airtel defends move by citing huge investments in network, says business needs to be viable and sustainable

Govt to look into Airtel's plan to charge for internet calls

Airtel plans to charge for VoIP calls at standard rate of 4 paise per 10 KB on 3G network and 10paise per 10 KB on 2G

Airtel to charge for using VoIP services

VoIP services include those such as Skype, Line and Viber that typically let users make free calls through the internet


Chennai-based group eyes legal recourse against TCS' pink slips

Says more than 120 who lost jobs have approached it; TCS says workforce optimisation leads to some involuntary attrition, nothing out of

Bringing a cultural shift to Infosys is biggest challenge in 2015: Sikka

CEO Sikka says Infosys will be a services company that uses software in a big way; says will get IT services industry to focus more on ...

Zensar signs three deals in IM space worth $12mn

To expand in Europe;looking for acquisition in Germany


Lupin eyes acquisitions in US, Europe

During the last fiscal, global markets (excluding India) accounted for around 75% of the total revenues of the company,

Order boost, inhaler sales key triggers for Cipla

Street to keep an eye on margin improvement and launch of combination inhalers

Lupin gets USFDA approval for HIV drug

Lupin Pharmaceuticals Inc, the company's US subsidiary, will commence marketing the product shortly


Cyrus Mistry's to-fix list remains formidable

Indian Hotels, Tata Steel, Tata Teleservices, Tata Motors, Tata Power need some immediate attention of the Tata Group chairman

Tata Motors rolls out 123 AC buses for Ahmedabad Janmarg

New buses in addition to the order bagged by the company for 3,200 buses under the JNNURM - phase II scheme

VST Tillers Tractors extends fall on restriction in production

The stock dipped 3% at Rs 1,353, extending its Wednesday's 2.4% fall on NSE.


DB Realty soars on heavy volumes

The stock rallied 10% to Rs 60 after the company said it has received full occupation certificate for its project in suburban Mumbai.

States face power deficit as Power Grid delays transmission lines

In most cases, the commissioning date has been extended by at least three years

BSES plans to launch mobile app for power supply transparency

Initially, the app will run only on Android phones, but will be extended to other platforms later


Kingfisher not a wilful defaulter, says HC

Calcutta HC dismisses United Bank of India's decision on technical grounds

No violation of safety norm or unfair seat allotment:Air India

The airline asserted that the incident "did not affect the flight safety of any crew"

SpiceJet shares zoom 9% on revival plan reports

In terms of volume, 31.17 million shares of the company changed hands on the BSE during the day


Coal block auction: CIL seeks clarity on three mines

These three blocks figure in the 'Schedule I' list of those coal mines, which are being auctioned afresh

Panel asks govt to take immediate steps to boost SAIL profitability

The Committee unhappy to note decline in profit by more than Rs 4,000 cr in 2013-14 as compared to that in 2009-10

Goa govt's mining lease renewals to open Sesa's 70% iron ore operations

Analysts not kicked about restart of Sesa's iron ore operations


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.


RIL plans a turnround of manufacturing site near Raigad

The unit comprises an ethane and propane gas cracker and five downstream plants for the manufacture of polymers, fibre intermediates and ...

IOC to start land acquisition for expansion of Gujarat facility

The state-run refiner will invest Rs 5,000 crore to increase its overall capacity to 18 million tonnes

Alphageo (India) surges over 10% in two-days on winning contract from Oil India

The company said it has been awarded Rs 10.42 crore contract from Oil India.


Commodities

Commodity
Price(Rs)
Change
(%)

27057.00
+473
+1.78

3544.00
-6
-0.17

37333.00
+888
+2.44

400.60
-3.6
-0.89

195.10
-1.3
-0.66

FEATURES

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Can India crack the Russian market?

Trade sanctions on Russia by Europe and the US offer an opportunity for India, but the devaluation of the rouble may play spoilsport

Foxconn workers wait for a ray of hope in new year

As company suspends operations, about 1,700 workers are staring at bleak future, pinning hopes on the next round of talks with mgmt

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

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More than Being Human

The brand's licence-holder, Mandhana Retail, eyes a bigger play in licensed brands and extensions

Prestige expands but with caution

It has had to bring back its popular tagline, expand beyond south India to make its diversification work

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