MARKETS »

Sensex slumps 661 points on inflation, growth concerns


Downgrade of monsoon forecast raised fears of higher inflation adding to uncertainty of further rate cuts

COMPANIES »

Emami continues buying spree, acquires Kesh King brand for Rs 1,600 cr


This comes on the back of acquisition of an organic personal care company Fravin

ECONOMY AND POLICY »

BSNL to offer free roaming services from June 15


DoT working on disincentives for operators on frequent call drops

CURRENT AFFAIRS »

AIIMS forensic chief alleges pressure on Sunanda's post-mortem report


He says there were certain emails which show a 'tacit understanding' between AIIMS Dr M C Mishra and Tharoor over the post mortem of Pushkar

AROUND THE GLOBE »

Wall St opens lower as Greece weighs; data eyed


The Dow Jones industrial average fell 0.23%

BRAND WORLD »

Mobile persuaders


The smartphone wielding customer has the attention of large travel companies; now time to win some loyalties

RBI POLICY »

We are not here to kill the economy, says Rajan


He was speaking to reporters after announcing a 0.25% cut in RBI's policy rates

BS Poll

With Tuesday's 25 bps cut, RBI has reduced interest rates by 75 bps in 2015. Will this translate into a pick-up in the economy later this year?

Yes  
No  
Can't Say  

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Columnists

A land of megapolises?
Ashok Lahiri

A lesson from China's urbanisation - cities belong to more than their residents

India going overboard in
efforts to woo China?

Anand Kumar

India should go slow on its attempts to improve its relationship with China as the latter's interests are no longer limited to protecting its ...

How IPO rules are linked
to job creation

Mohandas Pai & Praveen Chakravarty

The current regulatory framework for initial public offerings is incompatible with today's venture capital-backed start-ups. It's time we ...

Long way ahead of
microfinance

Subir Roy

Financial inclusion is still a long way off and ensuring everyone has at least a simple bank account is merely a first step. What is the reality ...

BLOGS


India keeps high stakes game in Sri Lanka at arm's length

The lack of dates for Parliamentary elections has meant that governance taken a back seat

For BJP, it's time to bite the bullet

The BJP faces uphill battles as Modi's charm starts to wear off, particularly in states where it is already weak

EDITORIAL COMMENT

Too hawkish a prediction?

RBI has evidently re-assessed inflation risks

A long delayed visit

PM's decision to visit Israel demonstrates laudable realism

Financial X-ray

Don't expect any more rate cuts in 2015

RBI to keep an eye on monsoon, oil prices and US Fed moves

Amtek Auto: Gaining size, higher profits to follow?

Acquisitions have helped group triple revenue over 3 years

BOOK REVIEWS

What 'news television' tells us about itself

This is an ambitious book. Its promise is all the more seductive because of author Nalin Mehta's background as a social scientist and media man. ...

The underworld at your fingertips

One way to read The Dark Net is to see Mr Bartlett’s extensive, painstaking research as an enquiry into human behaviour

Una Galani

A line in the Samsung
Una Galani


Samsung succession game puts investors to the test

Quentin Webb

Park that thought
Quentin Webb


Toyota's new hybrids should have stayed in the lab

CompaniesRss icon

After bank rate cut, those with higher EMIs may choose to shift

Cut in banks' base rates translates into an automatic reduction in all floating loans linked to them

RBI disappoints D-Street: What next?

Markets taking cue on future rate cuts from RBI policy, which suggests the central bank will wait for data on monsoon and inflation

Glenmark: Revenue growth in recovery mode

With approvals picking up in the US, sales growth and margins will improve


After bank rate cut, those with higher EMIs may choose to shift

Cut in banks' base rates translates into an automatic reduction in all floating loans linked to them

RBI disappoints D-Street: What next?

Markets taking cue on future rate cuts from RBI policy, which suggests the central bank will wait for data on monsoon and inflation

Rate sensitive stocks slip ahead of RBI policy

Bank of Baroda, IndusInd Bank, Kotak Mahindra Bank and Canara Bank lost between 0.6% to 1.5% in morning trade on the NSE


Bharti ahead of Sun Pharma on market cap

With a total market-cap of Rs 2,55,831 cr, Sunil Bharti Mittal-promoted Bharti Group is behind Reliance, the number three with Rs 3,03,739 cr in ...

Today's picks: 1 June 2015

Nifty, Bank Nifty, HCL Tech, Bharti Airtel & HDFC

DoT issues LoI to Airtel for spectrum acquired in March sale

According to sources, so far the company has been allocated spectrum in a total of 10 circles


Infosys employees can now don casuals on weekdays

Earlier, its staffers were allowed to wear casual clothes such as jeans only on Friday, a weekend for the IT employees

Today's picks: 1 June 2015

Nifty, Bank Nifty, HCL Tech, Bharti Airtel & HDFC

Kellton Tech acquires US-based ProSoft Group for $14 mn

This acquisition will add $40 mn to the topline and $3 mn to the bottomline of Kellton


Glenmark: Revenue growth in recovery mode

With approvals picking up in the US, sales growth and margins will improve

Apollo Hospitals acquires 51% stake in Guwahati-based Assam Hospitals

The acquisition, for a consideration of around Rs 57.25 crore, is expected to strengthen its presence in Northeast

Aurobindo Pharma rises on USFDA nod for Metronidazole tablets

The stock opened at Rs 1,380 and touched high of Rs 1,399 on the NSE.


RBI disappoints D-Street: What next?

Markets taking cue on future rate cuts from RBI policy, which suggests the central bank will wait for data on monsoon and inflation

Amtek Auto: Gaining size, higher profits to follow?

Acquisitions have helped group triple revenue over 3 years

M&HCV industry to grow 11% to 3.8 lakh units in FY20, says report

Tata Motors and Ashok Leyland holds sway over 80 per cent of the M&HCV cargo sector, says a study by German consultancy firm Roland Berger ...


RBI disappoints D-Street: What next?

Markets taking cue on future rate cuts from RBI policy, which suggests the central bank will wait for data on monsoon and inflation

Power Grid plans to invest Rs 22,500 crore in FY16

Company has already deployed Rs 4,000 crore for various projects in the last two months, says company's Chairman & MD

Mercator zooms after arm makes first oil discovery

The company said its subsidiary Mercator Petroleum Ltd has made its first oil discovery in its very first well


Is premium becoming a problem for Vistara?

Corporate flyers have only just started to warm up to its unique premium economy class

Two more senior executives exit SpiceJet

According to sources, Sandeep Verma and V K Khosla have stepped down

Jet Airways edging out expat pilots

The airline, after termination of the service contracts of 50 expats, now has 88 foreign pilots


Nandan Denim PAT up by 30%

Reports revenue growth of 22.7% YoY at Rs 1,096.53 cr for the year ended March 31, 2015

India Cements reports Rs 36.6 crore profit in Q4

Last year reported a loss of Rs 157 crore; revenue drops by 7.25 %

India Cements values IPL franchise rights at Rs 7 cr

The BCCI approved the transfer subject to the condition that India Cement provided a parent company guarantee that subsidiary would meet all the ...


India's steel consumption expected to rise 8-9% in FY16: SAIL

Expects its profitability to rise in the current fiscal on growing steel consumption

For Mittal, frustration gives way to hope in India

The agreement last month with SAIL to set up a steel plant spells progress for ArcelorMittal; there is movement on other stuck projects too

Visa Steel posts Rs 302 cr loss on steep ore prices

Visa Steel has set up a 0.5 million tpa steel plant, 180,000 tpa ferro chrome plant with 75 MW CPP and 0.4 million tpa coke oven plant at ...


Misleading Maggi ads: What about publishers and broadcasters?

Food safety law doesn't have penal provisions for a product's endorsers, but it talks about penalty for publishers of an ad that falsely ...

Lab tests in Delhi find Maggi samples unsafe to eat

However, Nestle India claimed that the product was found 'safe to eat' by an external laboratory

Nestle rebounds after satisfactory test results on Maggi noodles

The company said results both internal and external show that lead levels are well within the limits specified by food regulations and that ...


Strict action against those who oppose LNG pipeline, says Kerala Govt

Major political parties and other organisations like SDPI are strongly opposing the project

Adani Enterprises declines 15% in three days

Adani Power hit 52-week low of Rs 38.45, while Adani Ports down 1% at Rs 321 on the NSE.

Just Dial board to consider share buyback proposal

Thus far in 2015, the stock has underperformed the market, by falling 15% compared with 1% gain in the S&P BSE Sensex.


Beyond Business Rss icon

Book review: Flood of Fire

Through the massively ambitious Ibis trilogy, Amitav Ghosh has permanently changed and reshaped the way histories are seen and fictionalised

Failed harvest

Many Punjab farmers who went to Africa and Georgia in search of greener pastures are returning home

Commodities

Commodity
Price(Rs)
Change
(%)

26880.00
+188
+0.7

3918.00
+88
+2.3

38410.00
+168
+0.44

386.85
+2.5
+0.65

171.80
+1.6
+0.94

FEATURES

In Depth Rss icon

Is premium becoming a problem for Vistara?

Corporate flyers have only just started to warm up to its unique premium economy class

Chabahar Port to help India circumvent Pakistan

The agreement entails an investment of $85.21 million from India to construct a container terminal and a multi-purpose cargo terminal

Start-ups

Purple Squirrel Eduventures

Office visit before choosing a career

Mumbai-based start-up Purple Squirrel Eduventures is helping students decide on their careers through industrial visits

Brand World Rss icon

Brands join the star cast

As advertising fatigue grows, marketers are turning innovative with brand communication

Mobile persuaders

The smartphone wielding customer has the attention of large travel companies; now time to win some loyalties