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MARKETS »

Sensex sheds 136 points to end below 26,000


RIL, ICICI Bank, Tata Motors and ONGC alone contributed to a 100 point cut seen on Sensex

THE STRATEGIST »

Keeping it simple


Japanese auto makers are experimenting with shop floor flexibility to keep costs on a tight leash

COMPANIES »

Reliance power mulls borrowing from Chinese banks for hydro power projects


The company has earlier taken loans from Chinese banks and has much experience of taking debt at low rate of interest

Around the world »

Australia, Netherlands plan fresh attempt to reach MH17 site


Heavy bombardments rocked towns close to the area where the plane was shot down

India @WTO »

WTO standoff: India may lose 'Peace Clause' if Bali pack fails


But New Delhi firm on trade pact stance

PERSONAL FINANCE »

Use higher 80C limit to take more equity exposure


Those above 45 years of age can divide the amount between PPF and ELSS or try prepaying the housing loan, if not done so far

CURRENT AFFAIRS »

Venkaiah Naidu's surprise check catches latecomers off-guard


This was the second surprise check at the said ministries by Naidu, who has been focusing on the need for punctuality

BS Poll

Will the Nitish-Lalu combine be able to take on the BJP in Bihar?

Yes  
No  
Can't Say  

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Derivatives

Opinion Rss icon

Columnists

Trust in reform
Shubhashis Gangopadhyay

Labour law reform must go hand-in-hand with reforms that build workers' trust in management

Self-destructive suicide
myths

S Ganesan

Farmers' suicides are a small part of a larger tragedy that afflicts Indian society as a whole, especially urban India

Achieving social
responsibility to a T

Sunil Mehta

The Indian corporate sector has 'time, talent and treasure' in abundance. Now, the new Companies Act can provide the resolve

Enter the MOOCs
Ajit Balakrishnan

The excitement is around the educational industry, and the trigger for the excitement is the MOOC: an acronym for Massively Open Online Course

BLOGS


Christendom and the world fail Iraqi Christians
Rajat Ghai

The ISIS' rise has sounded the death-knell for a community that has been suffering for the past 1,400 years

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

EDITORIAL COMMENT

Waiting for recovery

Early corporate results suggest demand is still weak

After 2015

Start thinking of new development indicators

Financial X-ray

L&T: Weak execution in India hits sales growth

Stand-alone margins up 140 bps y-o-y to 10.5%; analysts expect recovery in sales growth

HUL's strong margin show may not sustain

Even as analysts believe volumes have bottomed, margins could correct as ad spends go up

BOOK REVIEWS

Much ado about everything

Mark Miodownik takes us into the shrouded architecture and history of each of these materials, drawing on “psychophysics”

To kill a friendship

The Mockingbird Next Door by Marja Mills is painfully earnest and as sentimental as "Tuesdays With Morrie"

Ethan Bilby

Chop shop suey
Ethan Bilby


China throws weight around on car parts costs

Ian Campbell

Peaking
Ian Campbell


UK's strong GDP has a soft centre

CompaniesRss icon

Shipwreck-diving tours drawing adventure travellers

Cost of one diving trip is between Rs 85,000 and 90,000, exclusive of airfare

Market rally throws buybacks off track

Ongoing offers unlikely to succeed as shares trading above highest buyback prices

L&T: Weak execution in India hits sales growth

Stand-alone margins up 140 bps y-o-y to 10.5%; analysts expect recovery in sales growth


HUL's strong margin show may not sustain

Even as analysts believe volumes have bottomed, margins could correct as ad spends go up

Led by HUL, FMCG companies weather slowdown

While HUL posts 6% volume growth, Dabur and Asian Paints bucked slowdown trend with 8.3% and 11-12% growth respectively in Q1

Dabur Q1 net up 13% at Rs 210.81 crore

Company had reported net profit of Rs 186.01 crore in the April-June quarter of the 2013-14 fiscal


Market rally throws buybacks off track

Ongoing offers unlikely to succeed as shares trading above highest buyback prices

United Bank raises Rs 300 cr by selling shares to LIC

The bank issued shares of face value of Rs 10 at a price of Rs 35.50 per share

SBM net profit up 44% to Rs 75 crore in Q1

The bank plans to raise Rs 500 crore through a rights issue to augment Tier-I capital during the Q3


Ybrant Digital Q1 net up 35%

Revenues stood at Rs 456.26 crore, as against Rs 400.37 crore during the same period a year ago

Hexaware will continue to diversify its global delivery footprint: R Srikrishna

Q&A with Chief Executive Officer, Hexaware Technologies

Flipkart to officially announce $1-billion fund raising today

The country's top e-commerce company is also said to be planning a new sprawling complex of 1.5 mn sq ft


Alembic Pharma Q1 net up 39% at Rs 64.67 cr

Company had reported net profit of Rs 46.64 crore in the April-June period of 2013-14 fiscal

Pharma stocks could rise another 15-20 per cent

Expectations of strong results, consistent performance and investors preference for stocks in the defensive space help the sector outshine ...

Weekly update: Market retreats from record highs on profit-booking

Sensex and Nifty close the week with 2% and 1.7% gains respectively


Domestic solar cell makers set to vie with all countries save China

Last month, India slapped dumping duty on solar gear imported from the US, China, Malaysia and Taiwan, to protect domestic players

SJVN quarterly net profit jumps to Rs 424 cr

The power producer had a net profit of Rs 343.24 crore in the April-June period of last fiscal, 2013-14

HDFC Mutual Fund hikes stake in Gammon India to 6.31%

Company scrip closed at Rs 28, down 1.58%, on the BSE


Market rally throws buybacks off track

Ongoing offers unlikely to succeed as shares trading above highest buyback prices

L&T: Weak execution in India hits sales growth

Stand-alone margins up 140 bps y-o-y to 10.5%; analysts expect recovery in sales growth

Honda plans to export Mobilio to South Africa

The company already has around 7,000 bookings of the new MPV


Market rally throws buybacks off track

Ongoing offers unlikely to succeed as shares trading above highest buyback prices

Sintex acquires French component maker Simonin group

The deal is viewed as a strategic move towards consolidating Sintex Group's positioning in the European continent

JK Lakshmi Cement gains 8% on three-fold jump in Q1 profit

Q1 profit at Rs 40 crore against Rs 16 crore in year ago quarter, on higher sales and better margins.


Lanco Industries to invest Rs 325 cr for pipe plant

The company is also planning to change its name to Srikalahasti Pipes

Moody's to upgrade ratings of Tata Steel, British arm

Review upgrade has been triggered by issuance of $1.5 bn worth bonds by ABJA Investment, guaranteed by Tata Steel

Coal India declines over 5% in two-days

The stock dipped nearly 4% to Rs 364, extending its Friday's 2% decline on the National Stock Exchange.


MCF open offer bids await CCI nod

Zuari's open offer has been approved by Sebi

Renuka Sugars to soon approach Sebi on Rs 725-cr rights issue

In February, the company's board had given in-principle approval for issuing shares to existing shareholders through the rights issue to raise ...

Govt's 10 fertiliser plants closed, 7 under losses: Nihal Chand

Govt has planned financial restructuring of three sick units namely MFL, BVFCL and FACT


RBI fines 12 banks in DCHL loan default case

The banks collectively had a total exposure of around Rs 4,000 crore

HT Media Q1 net at Rs 32.67 crore

Company had posted a net profit of Rs 47.49 crore and net sales of Rs 532.23 crore in the corresponding period a year ago

NDTV shares spurt 20% on takeover buzz, Trai norms

TV Today, Zee Media up over 5% each


Cairn's retro tax case may not be referred to CBDT panel

Company hopes matter will be resolved in investment-friendly manner

Cairn replaces IOCL with HPCL for crude sales from Cambay

Cairn has Lakshmi and Gauri oil and gas fields in the Cambay basin

Cairn seeks ONGC nod to extend Rajasthan block permit

ONGC told OilMin that the Production Sharing Contract can be extended if all parties to the contract agree on mutually agreeable terms


Market rally throws buybacks off track

Ongoing offers unlikely to succeed as shares trading above highest buyback prices

Adani faces Greenpeace hurdle in Australia project

However, Adani plans to go ahead with the project as envisaged

Gujarat Pipavav hits new high as Q1 profit beats estimates

The stock surged 5% to Rs 151, extending its Friday's 9% rally, on reporting 128% yoy jump in profit at Rs 80 crore for the quarter ended June ...


Beyond Business Rss icon

Being Jessica Alba

Hollywood celebrity trainer Ramona Braganza plans to spread her fitness mantra through a new range of gyms across the country

First of a new sort

Audi's A3 heralds the birth of a sedan that promises luxury and performance while providing an affordable upgrade to the executive class

Commodities

Commodity
Price(Rs)
Change
(%)

27915.00
-23
-0.08

6120.00
-30
-0.49

44222.00
-59
-0.13

227.40
-1.3
-0.57

431.85
-0.1
-0.02

FEATURES

In Depth Rss icon

Arun Jaitley

Will the govt hit its stake sale target this time?

Even though the past record has been dismal, experts are gung-ho about not just meeting the target but also surpassing it

AIIMS: An ailing model

Govt plans to replicate India's premier medical institute in four states. But in its current form, AIIMS itself is in urgent need of attention

Real Estate

Can a housing society expel its member?

Yes, but procedure is not easy. If expelled, member loses the right to his property

Brand World Rss icon

Crime pays on TV

It may be a murky real world but crime themes bring in steady viewership for GECs

Rajdeepak Das

At Leo Burnett, the young don't waste their youth

Playwright G B Shaw may have been right, but at this ad firm, a young top mgmt is lining up crack teams and new-age managers to stay in shape

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