MARKETS »

Markets end higher ahead of Fed outcome, China stimulus


The 30-share Sensex gained 139 points to end at 26,631 and the 50-share Nifty climbed 43 points to close at 7,975.

Xi Jinping's India trip »

India, China sign deals worth $3.4 bn


The bigest deal was the one worth $2.2 bn struck between IndiGo and Industrial and Commercial Bank of China

COMPANIES »

L&T says committed to complete Hyderabad Metro Rail


Clarifies over the raging media controversy over its intent to exit

Around the world »

Sony deepens loss estimate as smartphone business struggles


Company to cut 15% workforce in the mobile unit

ECONOMY »

FinMin finalises premium payment for life cover under PMJDY


It has been decided to set aside Rs 50 cr from Social Security Fund

CURRENT AFFAIRS »

Modi's Twitter followers cross 64 lakh margin on his 64th birthday


About 300,000 followers were added in a fortnight

FINANCE »

Oil companies scale up dollar purchases


Dollar demand from the state-run OMCs are on an average $150 mn daily and these days it has gone up to $300 mn per day

OPINION »

COLUMNIST »


Rahul Jacob: Mr Xi's Big Lie

Does anyone really believe that the Chinese are going to invest $100 billion in India?

Sreenivasan Jain | The price of silence at the top: Modi's dilemma

Zafar Sareshwala, Modi's staunchest muslim supporter,says people could abandon the BJP if there is a return to regressive and polarising issues

BS Poll

Do the bypoll results in UP and Rajasthan suggest that the Modi wave is on the decline?

Yes  
No  
Can't Say  

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Columnists

Planning Commission Mark
II

Nitin Desai

If in 2017 yet another five-year Plan has to be formulated, then new institution will not be very different from present Planning Commission

Mr Xi's Big Lie
Rahul Jacob

Does anyone really believe that the Chinese are going to invest $100 billion in India?

Corridors of hope
Barun Roy

The Greater Mekong Sub-region economic corridors initiative offers a model that should be duplicated in South Asia

How politics shapes
infrastructure

Thillai Rajan & Nandita Vadali

The popular notion is that it is better to have the same party or alliance at the Centre and the state as far as investment is concerned

BLOGS


Charge of the God brigade
Joydeep Ghosh

Whether it is chanda or music, the festival season can do with less action

5 things Narendra Modi can learn from Coca Cola about building toilets
Surajeet Das Gupta

Building toilets is only the beginning and the easiest part of the battle. Water and maintenance are the key challenges

EDITORIAL COMMENT

Sleeping during warming

India is being lax about the climate-change threat

More than fines

Road safety requires a more comprehensive approach

Financial X-ray

Analysts bullish on Tata Motors despite JLR blip

JLR volumes could hit million units by 2019, stock trading at discount to other premium automakers

Concerns for J&K Bank over near-term growth

Incremental restructuring likely to rise, loan disbursement to be slower after the floods

BOOK REVIEWS

Muslim angst in the modern world

Taj Hashmi has made a valiant attempt to explain Muslims’ estrangement from West and rise of radical Islam to a bewildered and angry audience

Making reforms work for the poor

Mr V Kumaraswamy’s subtle suggestions for economic reforms tailored to the country’s social environment are both practical and progressive

Andy Mukherjee

Vanishing optimism
Andy Mukherjee


Commodity prices mirror global growth pessimism

John Foley

Soft furnishing
John Foley


China stealth stimulus may slip down back of sofa

CompaniesRss icon

Oil companies scale up dollar purchases

Demand spikes as firms seek to take advantage of low crude prices; analysts believe price slide is temporary

RIL looks to reopen diesel retail outlets

Might offer higher commissions to woo back retailers

Maruti Suzuki sales head Pareek quits

Pareek had successfully continued the rural drive of the company initiated by former managing director Jagdish Khattar


Concerns for J&K Bank over near-term growth

Incremental restructuring likely to rise, loan disbursement to be slower after the floods

Religare Securities ties up with South Indian Bank

Bank's customers will get savings and depository accounts along with company's online trading account

SBI cuts medium-term deposit rate by 25 bps

Simultaneously, the bank has hiked the deposit rate by 25 basis points in the 180-210 days category to 7.25%


DoT moves SC against TDSAT verdict on 3G roaming

The tribunal had overturned a govt ban on offering 3G mobile services beyond their licensed zones through roaming pacts

BSNL to offer free calls for a week in Kashmir

Except Poonch, mobile services are either substantially or partially restored in all parts of the valley

Bharti Airtel launches 3G network in African nation Tchad

Tchad with this launch has become the 16th 3G market of the company in Africa


Maruti Suzuki sales head Pareek quits

Pareek had successfully continued the rural drive of the company initiated by former managing director Jagdish Khattar

Analysts bullish on Tata Motors despite JLR blip

JLR volumes could hit million units by 2019, stock trading at discount to other premium automakers

Apollo Tyres gains on business rescue operations in South Africa

The stock hit a high of Rs 203.65 and a low of Rs 198 so far during the day


Ramky Infra zooms on buzz of sale of 3 highway projects

Ajay Piramal group has emerged as the front runner to purchase three highway projects of Ramky Infra

Tata group stocks in focus; Tata Power up 2%

Shares of Tata group are witnessing an upsurge in the early trades and have gained between 1-2% on the BSE.

NCC's Rs 600 cr rights issue to open on Sep 29

ICICI Securities and SBI Capital Markets are lead managers to the issue


Competition heats up on Mumbai-Dubai route as Jet, flydubai to add flights

Emirates says competition is healthy, sees no impact on its business

Jet Airways ties up with Apollo Hospitals to train ground staff

The airlines is planning to conduct the programme across the country for all its 3,000 ground staff

Cox and Kings hits new high on fund raising plans

The stock was up 6% to Rs 333, extending its previous day's 5% rally on National Stock Exchange.


Future Retail gains as MSA (Singapore) acquires stake

MSA (Singapore) acquired over 26 lakh shares of Future Retail at Rs 120.18/share

Market rally rejigs cement, pharma pecking order

Shree Cement beats ACC in market value, Lupin ahead of Dr Reddy's Labs

Retailers seek higher foreign funding cap

Say capital crunch will ease if foreign portfolio investors are allowed to invest more


Today's picks- 17 September 2014

Nifty, Bank Nifty, Cairn, TCS & Jindal Steel

Metal shares surge after economic stimulus by China

Metal shares gained after China's economic stimulus raised hopes of a boost in demand in the biggest consumer.

Hindalco deferring share sale makes sense: Analysts

Jharkhand mines' issue should be resolved within 3-4 months at the most, says govt


Hatsun Agro rises on preferential share issue plans

The company's board will meet on Sep 23 to consider issue of share on preferential basis

Many rerating cues for UPL

Product launches, presence in high-growth markets and lower debt should help it improve revenue, earnings growth

Skincare makes a splash with satchets

While Zydus launched facewash in a satchet for the first time, Fair & Lovely relaunched its pack to revive sales


Zee Entertainment up on brokerage upgrade

Kotak has upgraded the stock to 'add' with target of Rs 315 and the stock will be included in Nifty from Sep 19

Hathway Cable gains on preferential share issue to FII

The board approved issuance of 47 lakh equity shares at Rs 340/share

Den Networks: Investing in new growth avenues

Its tie-up with Snapdeal to launch a shopping TV channel looks like a win-win deal


CARE hits record high on special dividend of Rs 65 per share

The aforesaid special dividend will be paid to the shareholders on or before October 14, 2014

MCX gains as CCI clears Kotak's 15% stake buy

Meanwhile, the Sebi on Monday renewed MCX-SX license for a tenure of one year with caveats.

Fund-raising via QIPs nears record high

So far this year, 20 firms have raised Rs 28,078 cr through this route, the highest since 2009


Beyond Business Rss icon

Bling it on

Four style gurus have decided to expand their repertoire and conquer another bastion of design - jewellery

Battles of the mind

Bobby Fischer's face-off with Boris Spassky wasn't just about chess. Pawn Sacrifice tries to capture the turmoil in the American grandmaster's ...

Commodities

Commodity
Price(Rs)
Change
(%)

26940.00
-14
-0.05

5739.00
-56
-0.97

41428.00
-51
-0.12

244.30
+0.6
+0.25

427.70
-3
-0.7

FEATURES

In Depth Rss icon

Ramesh Chauhan

Ramesh Chauhan seeks to recreate his cola magic

The grand old man of cola has found a new sweet spot in beverages - an energy drink called Urzza

To stay afloat, magazines embrace a digital future

Time out becomes the latest in a long list of city-centric magazines that are trying to find a niche online as the print space shrivels

Real Estate

How about investing in smaller cities?

There are good reasons, such as lower costs and better quality of life, for companies and individuals moving to places beyond the metros

Brand World Rss icon

40 Years Ago...and now: Brand new, always

The endorsement career of India's megastar Amitabh Bachchan displays his relevance in diametrically opposite roles and product categories

Skincare makes a splash with satchets

While Zydus launched facewash in a satchet for the first time, Fair & Lovely relaunched its pack to revive sales

Business Education Rss icon

Germany emerges among top education destinations for Indians

Better immigration rules and low cost of education big draw