COMPANIES »

United Bank says lost hope to recover money from Kingfisher


Kolkata-based lender was the first bank to try and get Vijay Mallya, chief of Kingfisher Airlines, tagged as wilful defaulter

Kalpana Saroj

WEEKEND SPECIAL »

Kalpana Saroj’s journey from despair to success


The author recounts Kalpana Saroj's incredible journey

NDA GOVT'S 1-YEAR JOURNEY »

The Modi Express chugs along, with less steam and shine


Business Standard reporters travel across the country by train to listen to what people say about the Modi govt one year on

ECONOMY AND POLICY »

Sebi pitches for scaling up NCFE to complement Jan Dhan Yojana


15 crore accounts have already been opened and Rs 15,800 crore has been deposited in them

AROUND THE GLOBE »

Senate passes Obama's trade bill


Senate vote is a victory for Obama, but a tougher test awaits in the House where almost every Democrat is against it

MARKETS »

LIC underinvested in banking stocks


They account for just 18% of the insurer's portfolio versus 23.3% weight in the Nifty

CURRENT AFFAIRS »

Tanu Weds Manu Returns strikes rich at box office


On the first day of its release, movie earned Rs 8.75 cr and with good word spreading, it will only be striking more gold at the box office

OPINION »

COLUMNIST »


Ajit K Ghose: The dual economic logic for 'Make in India'

Manufacturing-led growth is crucial. Any attempt to revive services-led growth would cause severe balance of payments difficulties to re-emerge

Editorial Comment »


Liberalism's last lion

In memory of S V Raju and the Swatantra Party

BS Poll

Does the Maggi affair prove that MNCs that sell food products are no better in quality control than Indian firms?

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Columnists

The dual economic logic
for 'Make in India'

Ajit K Ghose

Manufacturing-led growth is crucial. Any attempt to revive services-led growth would cause severe balance of payments difficulties to re-emerge

India and China - A
grand design

Kishan S Rana

Last week in Shanghai, Indian and Chinese firms signed joint work plans. That is the way to go - compete, but also cohabit if feasible

Why Mr Modi may have
missed the bus

T C A Srinivasa-Raghavan

Modi promised to be A B de Villiers but has batted like a Geoff Boycott

Narendra Modi

'It is now India's turn
to sustain Asia's
success'

Narendra Modi

Asia’s re-emergence is the greatest phenomenon of our era. It started in Japan and then extended to China, Korea and Southeast Asian nations

BLOGS


How about a Babaji ki butti to cure the incurable?
Jyoti Mukul

If Ramdev weren't a Baba, but a mere salesman, what would he make of a medicine or a herb named Putrajeevak Beej?

Nepal quake and its lessons for disaster (un)preparedness

Despite loads of relief material and foreign rescue teams in Nepal, the state has failed to respond adequately in helping the victims

Weekend Columnists

An audience of actors
Malavika Sangghvi

Tanu Weds Manu Returns is rare jewel, not only for Kangana's acting but also how director captures small-town India in all earthy humour

Summoning the demon
Arundhuti Dasgupta

Gods kept nectar of immortality drawn from ocean during samudra manthan away from asuras because they're serious competition

Financial X-ray

SBI: Asset quality improves in Q4, operating income up 17%

Profit growth supported by the special dispensation by RBI on sale to ARC, usage of counter cycle buffer

ITC disappoints: Cigarette Ebit growth at 27-quarter low

Price hikes of 15-16% in the cigarette business could not fully compensate for an estimated 13% fall in volume

BOOK REVIEWS

The technical vision of Elon Musk

Ashlee Vance traces the chaotic early years of these two firms – SpaceX and Tesla, respectively – with a compelling ticktock of events

Dominic Elliott

Jain of command
Dominic Elliott


Deutsche's cosmetic rejig puts pressure on Jain

Swaha Pattanaik

Just right
Swaha Pattanaik


ECB struggles with central bank news frenzy

CompaniesRss icon

RIL to restart petrol pump network by March next year

The company had to shut its 1,400 odd gas stations as it wasn't getting subsidies extended to state-run operators

Huawei plans to sell Honor smartphones via retail outlets

Firm launched Honor brand by selling it online only; In India, it has exclusive tie-up with Flipkart

Sebi should decide fast on halting PSU stock trade on stake

Govt is concerned over punters beating down the stock price of PSUs ahead of disinvestment


Marico shifts focus to serums and hair gels

Market share for serums was 82%, hair gels 44% in the March quarter compared to 4% share of deos

Weekly Wrap: Markets end at 5-week closing highs

The IT and pharma indices gained 4.7% and 3.3% respectively, while the Metal index ended marginally in the red.

Cigarettes continue to be a drag on ITC profit

Company misses Street expectations, net up by 3.6% at Rs 2,361 cr


Sebi should decide fast on halting PSU stock trade on stake

Govt is concerned over punters beating down the stock price of PSUs ahead of disinvestment

United Bank says lost hope to recover money from Kingfisher

Kolkata-based lender was the first bank to try and get Vijay Mallya, chief of Kingfisher Airlines, tagged as wilful defaulter

City Union Bank Q4 net up 19% at Rs 99 crore

Total income rises 10.13%; gross NPA in 2014-15 at 1.86%


FTIL's income slumps to a fourth in two years

However, the legal and professional fee crossed Rs 100-cr due to NSEL-related litigations

Weekly Wrap: Markets end at 5-week closing highs

The IT and pharma indices gained 4.7% and 3.3% respectively, while the Metal index ended marginally in the red.

Infinite Computer tanks 20% on weak FY16 guidance

The company said that net profit for the financial year 2015-16 is expected to be flat.


Divi's Q4 net up 17% at Rs 231 cr

Total income for the company grew 9% at Rs 832 cr

Lupin to replace Tata Power in Sensex; DVRs to make index debut

Tata Motors DVRs to become part of BSE 100, BSE 200 and BSE 500 indices; will be the first DVR to be included in an index

Natco Pharma Q4 net profit up 126% at Rs 54 cr

Total income up 5.28% to Rs 204 crore, helped by revenue growth from bulk chemicals and formulations


Ceat Q4 net grows 50% to Rs 94 crore

Consolidated net sales grew by 2% during the period to Rs 1,466 cr

Lupin to replace Tata Power in Sensex; DVRs to make index debut

Tata Motors DVRs to become part of BSE 100, BSE 200 and BSE 500 indices; will be the first DVR to be included in an index

Rane (Madras) Ltd slips on decline in Q4 net profit

The company has weakened by more than 6% this morning after posting a weak set of numbers for FY2014-15.


Sebi should decide fast on halting PSU stock trade on stake

Govt is concerned over punters beating down the stock price of PSUs ahead of disinvestment

Power firms may contest post-auction rule changes

If the change of regulations post the bidding is contested, producing coal blocks have to be re-auctioned; the rest will go to the custodian

Lupin to replace Tata Power in Sensex; DVRs to make index debut

Tata Motors DVRs to become part of BSE 100, BSE 200 and BSE 500 indices; will be the first DVR to be included in an index


United Bank says lost hope to recover money from Kingfisher

Kolkata-based lender was the first bank to try and get Vijay Mallya, chief of Kingfisher Airlines, tagged as wilful defaulter

Domestic air traffic up 23% in April

IndiGo consolidates leadership position with 37.8% market share

SpiceJet completes 10 yrs on Saturday; to hold flash sales

Company offers flat 10% discount on its select domestic flights with a single day five-hour booking period


Lupin to replace Tata Power in Sensex; DVRs to make index debut

Tata Motors DVRs to become part of BSE 100, BSE 200 and BSE 500 indices; will be the first DVR to be included in an index

JCB banks on India play, eyes highest revenue share by 2018

Currently, 17% of firm's revenue comes from India, including exports to 50 countries from Indian plants

More regional companies exit national bourses

Stocks of companies under 'permitted to trade' category to be discontinued


Sangam (India) zooms over 50% in four days on stake hike by promoter

The stock is currently trading at its record high of Rs 125 and has rallied 54% from Rs 81 on May 19.

Sagar Cements surges after turnaround in Q4

The stock surged 16% to Rs 408 after reported net profit of Rs 21.70 crore in March quarter against loss of Rs 11.36 crore in the year ago ...

Pidilite: Margin expansion likely to continue

Volume recovery though will only be gradual


Sebi should decide fast on halting PSU stock trade on stake

Govt is concerned over punters beating down the stock price of PSUs ahead of disinvestment

Power firms may contest post-auction rule changes

If the change of regulations post the bidding is contested, producing coal blocks have to be re-auctioned; the rest will go to the custodian

ArcelorMittal, SAIL tie up to make auto steel in India

The proposed joint venture would construct a cold rolling mill and other downstream finishing facilities in India


Our long-term aim is to become a total foods company: Varun Berry

Interview with Managing director, Britannia Industries

Maharashtra FDA tests Maggi noodles

The tests will also ascertain whether the MSG level is as per the Gross Manufacturing Practices norms

Shree Renuka Sugars sees a turnaround in March quarter

Total income from the company has declined by 10% to Rs 1,684 crore for the fourth quarter compared annually


RIL to restart petrol pump network by March next year

The company had to shut its 1,400 odd gas stations as it wasn't getting subsidies extended to state-run operators

Sebi should decide fast on halting PSU stock trade on stake

Govt is concerned over punters beating down the stock price of PSUs ahead of disinvestment

MRPL again mulls retail foray; fourth quarter net up 9.5%

Q4 profit enables company to reduce its annualised loss to Rs 1,712 cr from a loss of Rs 2,800 cr at the end of third quarter


Sebi should decide fast on halting PSU stock trade on stake

Govt is concerned over punters beating down the stock price of PSUs ahead of disinvestment

Allcargo Logistics' Q4 net jumps five-fold

Total revenue of the company reported a jump of 11% annually

Voltas touches lifetime high as Q4 profit beats estimates

The company has reported a better-than-expected 17.5% YoY growth in net profit at Rs 118 crore in the March quarter.


Beyond Business Rss icon

Diya Sethi: Addicted to life

Diya Sethi's brutally honest account of her battle against addiction shows that, contrary to common belief, long-lasting recovery is possible

Pack your bags and take off

Sarahan, 200 km from Shimla, is the perfect getaway

Commodities

Commodity
Price(Rs)
Change
(%)

27080.00
-28
-0.1

3825.00
-36
-0.93

38999.00
-167
-0.43

396.80
-6.05
-1.5

184.30
-4.1
-2.18

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All eyes on Brazil as Indian coffee prices dip

Unseasonal rain, rising costs and a global slowdown in production has driven coffee prices in India down

Is Myntra foregoing growth for profit?

It plans to become profitable by 2016; many feel it may be too early for the e-tailer to consolidate its position

Start-ups

Kochi Startup Village attracts Uttarakhand

To study the functioning of the incubator and to examine the possibility of replicating it in the north Indian state

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Goafest absentees make Melt a serious challenger

Many are present at the new fest that already has 1,400 delegates registered

Kwid

Driving into the crowd

Renault bets big on the Indian small car segment. Many others are doing the same