WEEKEND SPECIAL »

How to lose friends the Kejriwal way


Several former colleagues say Arvind Kejriwal is undemocratic. But his loyalists stand stoutly behind him

COMPANIES »

Kalanithi Maran steps down from SpiceJet board


New investors to infuse around Rs 1,400 crore till April 30

ECONOMY »

Big fiscal squeeze inevitable before March despite weak oil


Deficit crossed year's budgeted total by Dec, show latest data; previous order to cut some spending won't suffice

MARKETS »

Sensex tanks 500 points on CIL sale, banks' woes


Ending its 10-day gaining streak, the NSE Nifty closed 143 points, or 1.6 per cent, lower at 8,808.9

AROUND THE WORLD »

US economy cools in fourth quarter


GDP expands at 2.6% in Q4, compared to 5% in the previous quarter

PERSONAL FINANCE »

If banks bite the broker bullet...


...it will bring in more transparency, provide multiple choices and reduce mis-selling

FINANCE »

Only 30% of loans to get SLR, CRR relief once IDFC becomes a bank


Even here, the eligibilty will apply only if IDFC has matching long-term deposits

OPINION »

COLUMNISTS »


T N Ninan: Suddenly, better numbers

The country would be doing very well if it managed to repeat that growth rate over the next six years

Mitali Saran: The second coming

There's no question that Obama's 2nd visit to India was a positive step that opens up interesting possibilities, & that Modi deserves much

ON THE BEAT »


Two extreme models in the financial sector

Open architecture in mutual funds versus a completely-closed structure in insurance. Still, penetration is suffering


BS Poll

Will Jayanthi Natarajan's resignation spark a rebellion in the Congress against Rahul Gandhi?

Yes  
No  
Can't Say  

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Derivatives

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Columnists

Suddenly, better numbers
T N Ninan

The country would be doing very well if it managed to repeat that growth rate over the next six years

The second coming
Mitali Saran

There's no question that Obama's 2nd visit to India was a positive step that opens up interesting possibilities, & that Modi deserves much

Yes, make for India
Suman Bery

Raghuram Rajan's anti-mercantilist instincts are right - be cautious about 'make in India', while accepting its promise

The promise and the
reality

Aditi Phadnis

Bedi can see the same kind of wave for herself that swept the country for PM. She could be right. But else in BJP needs a new set of glasses

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

Weekend Columnists

North versus the rest
Malavika Sangghvi

Is Jayanthi Natarajan a victim of Rahul Gandhi's 'shift' from being pro-poor to pro-industry?

Nurturing the collector
Kishore Singh

This columnist has been fortunate in having privilege of viewing several private collections that represent the personalities of their owners

Financial X-ray

HCL Tech's Dec show best in 16 quarters, 2014 RoE at 38%

Dollar revenue up 4% q-o-q, with a number of new big deals

JSW Steel: Soft demand, realisation take toll

Performance, lower than expected, needs to be looked at in the context of a challenging environment

BOOK REVIEWS

Primary colours of the Indian stock market

Gautam Parikh provides a comprehensive view on the evolution of the stock market

Robert Cyran

Here on Earth
Robert Cyran


Google and Amazon glimpse big-spending futures

George Hay

ELAphant in the room
George Hay


Greek deposits fly between a rock and a hard place

CompaniesRss icon

Berger Paints' Q3 profit decline marginally to Rs 82 crore

Company had posted consolidated net profit of Rs 82.28 crore during the October-December quarter of last fiscal

Kansai Nerolac Q3 net up 34% to Rs 65.66 crore

Company's net sales during the quarter under review increased 7.63% to Rs 884.29 crore

Dabur Q3 net up 16% at Rs 282.78 crore

Its consolidated net sales in third quarter of current fiscal grew by 9.16%


Only 30% of loans to get SLR, CRR relief once IDFC becomes a bank

Even here, the eligibilty will apply only if IDFC has matching long-term deposits

ICICI net rises 14% but bad loans up

Asset quality concerns pull stock down 5%; trend sue to slippage from restructured loans and could persist for another 3 quarters, says chief

BoB net down 68% to Rs 334 cr

Provisions rise 66% from a year earlier to Rs 1,260 cr


Bharti teams up with Kotak for payment bank

Vodafone-YES Bank, Future-IDFC in talks; Idea Cellular may go solo

TTML to raise Rs 2,500 cr by issuing non-convertible debentures

Meanwhile, the company reported a standalone net loss of Rs 169 cr for the quarter ended Dec 31, 2014

Reserve price of 2,100-MHz spectrum stands at Rs 3,705 cr

The base price suggested by the Telecom Commission is around 35% higher than what telecom firms paid for in the 2010 auction


Tractors, SUVs and ... grapes

The country's largest exporter of grapes is Mahindra & Mahindra. The author finds out how it happened

Ashok Leyland plans to halve debt level in 3 years

Company says it will continue to sell non-core assets and will continue other cost saving initiatives

Tata needs Rs 11k cr for auto, telecom stakes

Group will require funds to retain holding in Tata Motors, buy out Docomo in Tata Teleservices


NTPC net rises 7%, sales down marginally

The NTPC has reported negative profit growth in three quarters

SAT adjourns DLF appeal to Feb 6

Sebi had barred the company and key officials from acessing the stock market for three years, in a matter relating to disclosures made at the ...

Mahindra Lifespaces posts 12% rise in net at Rs 33 crore

Total income for the quarter shot up 60% to Rs 249.71 crore


Thermax Q3 net up 13% at Rs 76.2 cr

Pune-based industrial energy solutions provider Thermax today reported increase of 13 per cent in its net profit at Rs 76.2 crore as compared ...

Siemens registers Rs 634 cr net profit

Profit from sale of metal technologies business was Rs 704 cr

Today's picks- 29 January 2015

Nifty, Bank Nifty, Coal India, Ambuja Cement & BHEL


Shoppers Stop Q3 net soars 2.8 times to Rs 14 cr

The company's turnover grew 10 per cent

Today's picks- 29 January 2015

Nifty, Bank Nifty, Coal India, Ambuja Cement & BHEL

Astral Poly Technik posts 47.88% dip in Q3 net profit

Ahmedabad-based Astral Poly Technik Ltd. saw its standalone net profit for the third quarter ended December 31, 2014 for financial year 2014-15 ...


Tata Tea goes international

Now part of Tata Global Beverages, second Indian product to go global

Tata Global net declines 29.5%

The company had a consolidated net profit of Rs 119.5 cr the previous year

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


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.


Mega share sales: Will the markets correct?

Most big offers hitting the market saw the broader indices correct 2-4%

10 of 12 OFS stocks have underperformed the markets

Out of the 12 companies that raised funds via this route, six stocks are trading up to 46% higher, while four stocks have recorded negative ...

ONGC arrests decline in crude oil production: Chairman

Company over the past decade has seen its output dip by at least 2-3% annually


Adani announces share swap for port, power firms

The group's transmission company will be listed on stock exchanges

Positive move for Adani Enterprises' shareholders

Unsurprisingly, Adani Power closed marginally up (0.68%) at Rs 51.90 on bourses, while Adani Ports and SEZ closed 0.9 per cent down at Rs 340.50

Adani Enterprises Dec quarter net rises six times

The consolidated total income grew 30% to Rs 18,075 cr


Beyond Business Rss icon

The contrasting colours of Jaipur

The city is becoming more democratic as the past embraces the future

Khadi on the ramp

With capes, garara pants and dungarees, three designers are taking khadi to luxurious heights

Commodities

Commodity
Price(Rs)
Change
(%)

27917.00
+498
+1.82

2844.00
+90
+3.27

38160.00
+874
+2.34

343.20
+5.95
+1.76

167.70
+0.1
+0.06

FEATURES

In Depth Rss icon

Reforming FCI or cutting back food security?

Shanta Kumar Committee on restructuring FCI has suggested the reach of the National Food Security Act be curtailed to 40% of the population

Airlines get a chance to revive flagging fortunes

Dramatic drop in ATF prices could help airlines shore up their earnings - provided they don't spoil it with a fare war

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

Voltas’ Crystal ACs keep Congressmen cool (Morarji Desai on the extreme left, with the ACs in the background)

Diversified Voltas' core saved it

From being a juggernaut in the Licence Raj, turning to ACs helped it survive

Kunal Jeswani, O&M’s CEO

Digital crowned again

If earlier digital advertising could be mistaken for an afterthought, increasing senior appointments suggest it is not so anymore

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