MARKETS »

Falling oil prices to bring bonanza for consumer products, tyres, telecom


Credit Suisse report says lower commodity prices are a boon for India but the advantages are overstated

CURRENT AFFAIRS »

Five things to know about Isro's GSLV Mark III mission


Successful launch of GSLV Mark III will make Isro self reliant in launching heavier communication satellites

SPICEJET IN CRISIS »

Superstar, SpiceJet and the art of flying


Like the Southern movie business, the airline business is also aligned closely to political interests, writes N Sundaresha Subramanian

AROUND THE WORLD »

Obama announces steps to normalise US ties with Cuba


The US had severed diplomatic ties with Cuba decades ago imposing a series of sanctions on them

COMPANIES »

Micromax takes the Lava route with its YU brand


Brand will compete with the likes of Xiaomi, Gionee, Oppo and Motorola

ECONOMY »

Jaitley staring at Rs 1 lakh cr spending cut to meet fiscal deficit target


Despite low global crude prices, the govt is not expected to save anything from its petroleum subsidy

FINANCE »

Infosys share sale catapults Deutsche Bank to top of league table


Deutsche Bank has toppled Citibank on the league tables for equity capital markets (ECM) this year, thanks to the mega share sale by Infosys ...

BS Poll

Will the brutal attack by Taliban gunmen at an army run school in Peshawar serve as a wake up call for the Pakistani government to crush all home grown terror outfits?

Yes  
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Can't Say  

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Derivatives

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Columnists

Exhaustion in Lima
Nitin Desai

The confused outcome of climate-change talks reflects the complex fault lines that divide countries on this issue

Why Delhi does not need
another airport

Anjuli Bhargava

Instead of putting weight behind new airport in Noida, MoS for Civil Aviation should look at how facilities at existing airports can be upgraded

Throwing money at
start-ups in frenzy to
find the next Uber

Steven Davidoff Solomon

Companies are going from zero to billion-dollar valuations faster than ever before, despite a lack of revenue and, perhaps, even a market plan

Modi's honeymoon gets
shorter

Kanika Datta

Mr Modi is promising many things and showing few signs of delivering anything. Granted big bang reforms may take some time

BLOGS


Give them a fair chance
Somasroy Chakraborty

Old private banks that escaped nationalisation of 1960's and 1970's typically began as community banks

Cheers to the perfect cup of tea
Kavita Chowdhury

Musings on December 15, the International Tea Day

EDITORIAL COMMENTS

Let SpiceJet fail

Government aid to SpiceJet hurts economy

Peshawar's murdered children

Will tragedy jolt Pakistan's establishment into sense?

Financial X-ray

Maruti: Weak yen to boost margins in FY16 & FY17

Double-digit volume growth in first half of FY15 drives earnings upgrades

Dr Reddy's: Rouble's fall to have 4-5% impact on sales

Analysts say correction is overdone; price rise for OTC drugs could reduce impact

BOOK REVIEWS

KP off the bat

'I don't march in step. I don't ask people to trample all over me because it might make them feel better. That's not who I am.'

Pakistan's defence lawyer

The historian Ayesha Jalal valiantly defends not only Jinnah and the idea of Pakistan, but “actually existing Pakistan”

Una Galani

Dirty coal
Una Galani


Bakries down but not out in $3.6-bn debt rejig

Robyn Mak

Uber fanfare
Robyn Mak


Baidu's Uber stake is more hype than substance

CompaniesRss icon

SBI approves OTS for mining-affected borrowers in Goa

The bank has proposed 30% waiver on principle loan amount to the truck owners and 40% to the barge owners

Torrent Power, Torrent Cables hit 52-week high

Torrent Cables soared 17% to Rs 158, while Torrent Power rallied 10% to Rs 176 on BSE.

JSW Steel is back to incremental growth strategy

With green field projects not taking off, the company plans to expand existing plants into mega complexes


HUL joins cross-promotion bandwagon

In a print ad, the company can be seen referring to leading washing machine makers' endorsement of its Surf Excel Matic detergent

Oil and gas, IT sectors contribute 50% to Sensex fall in December

Infosys, which fell 11% in past 10 trading sessions, dragged the Sensex down by 269 points during the period. RIL accounted 208 points fall in ...

Middle class diamond purchases up four-fold in 12 years in India: De Beers

It's a sign the country is developing into a diamond consumer market to complement its pre-eminence as a polishing centre


SBI approves OTS for mining-affected borrowers in Goa

The bank has proposed 30% waiver on principle loan amount to the truck owners and 40% to the barge owners

PSU banks extend rally; CNX PSU Bank index up nearly 3%

SBI, Andhra Bank, IDBI Bank, Allahabad Bank, Canara Bank, Union Bank and Syndicate Bank are up 3% each on NSE.

Punjab National Bank, JK Tyre turn ex-split today

JK Tyre surged 8% to Rs 129, while Punjab National Bank gained nearly 4% at Rs 225 in early morning trades on BSE.


Today's picks- 17 December 2014

Nifty, Bank Nifty, DLF, Tata Steel & Bharti Airtel

Airtel to sell telecom tower assets in Zambia and Rwanda to IHS

The deals will allow Airtel to focus on its core business, reduce debt and cut down on capex

OnMobile Global up 5% as board approves share buyback

The board approved buyback of shares through stock exchange mechanism, at a price not exceeding Rs 86 per equity share.


Mastek hits fresh 52-week high; Stock surges over 35% in four-days

The stock rallied 18% to Rs 377, also its fresh 52-week high on the National Stock Exchange.

Tech Mahindra to launch connected solutions for used cars

The company is learnt to have entered into a strategic alliance with Germany's Enquiss GmbH for the same

Today's picks- 16 December 2014

Nifty, Bank Nifty, Sesa Sterlite, Cairn & TCS


Dr Reddy's: Rouble's fall to have 4-5% impact on sales

Analysts say correction is overdone; price rise for OTC drugs could reduce impact

HC reserves order on Novartis-Cipla drug dispute

The dispute is over manufacturing of the drug Indacaterol, used for treatment of chronic obstructive pulmonary disease

Rouble impact may push Dr Reddy's sales down by 4-5%

Analysts however say that the correction is overdone, stock reverses direction, recoups some losses


Punjab National Bank, JK Tyre turn ex-split today

JK Tyre surged 8% to Rs 129, while Punjab National Bank gained nearly 4% at Rs 225 in early morning trades on BSE.

Maruti: Weak yen to boost margins in FY16 & FY17

Double-digit volume growth in first half of FY15 drives earnings upgrades

Tata Motors developing vehicles for defence sector

Some orders from the defence sector are in the pipeline, says plant head of the Jamshedpur unit of the company


SpiceJet resumes operation; pays cash to buy jet fuel

The airline flew at least five flights out of Delhi till 1000 hours to Mumbai, Jaipur, Port Blair, Kochi and Varanasi

SpiceJet all but grounded, lenders refuse to play ball

Thousands stranded as all flights till 4 pm cancelled; competitors jack up airfares

Air travel ticket prices soar as SpiceJet's troubles continue

With little clarity on SpiceJet's future, fares for popular routes have jumped sharply


Hydro S&S Industries dips on fixing floor price for OFS

The stock dipped 10% to Rs 194, extending its previous day's 6% fall on NSE.

Good days ahead for cement firms

Improving realisations, led by demand revival and moderation in capacity expansion, say analysts

Arvind bags energy conservation award in textiles sector

Arvind Limited, one of the largest integrated textile and branded apparel player, has bagged the first prize in the textile sector in the ...


JSW Steel is back to incremental growth strategy

With green field projects not taking off, the company plans to expand existing plants into mega complexes

HZL, Balco stake sales may be postponed to next year

Plan stuck due to a delay in valuation process, pending case in Supreme Court

Coal India on sticky wicket as union serves strike notice

Opposed to privatisation of mining resource, employees to stay away from work from January 6-10


Sugar stocks still not out of the woods

The ethanol price decision will have limited benefits; prospects will look up only with a revival in the sugar cycle

GSK Consumer elevates marketing head Jayant Singh to regional position

Singh will head to Brazil, while company veteran Prashant Pandey will replace him in India

Wagh Bakri rules out IPO

Firm is open to acquisitions to speed up growth; is waiting for GST rollout to decide on new plant site


Is the fall in Aban Offshore justified?

Impact of lower crude oil prices will be offset by de-leveraging gains, say analysts

Domestic oil producers lose Rs 1.4-lakh-cr value in 6 months

Goldman says sector could lose $1 trillion globally if $60 becomes the new normal for Brent crude oil

Oil firms await refuelling request from SpiceJet

Part payment brings minor relief for airline


Beyond Business Rss icon

TB is the new lifestyle disease

Crash diets, stress and chronic diseases have brought immunity levels down and made TB a modern-day ailment that is affecting even the affluent

The day I become a Hobbit

The Shire where JRR Tolkien's Hobbits live has now moved from fiction to a farm in New Zealand. It left Latha Srinivasan in a daze with its ...

Commodities

Commodity
Price(Rs)
Change
(%)

26990.00
+35
+0.13

3626.00
-104
-2.79

36880.00
+149
+0.41

404.20
-2.95
-0.72

234.20
-0.8
-0.34

FEATURES

In Depth Rss icon

For Bahl, it's 18 all over again

Since his exit from the broadcasting empire he founded, Raghav Bahl has been moving swiftly to prepare for the launch of his mobile news service

Tech Mahindra comes a step closer to 2015 goal

After the acquisition of US-based LCC, it needs one more big-ticket acquisition to become a $5-billion company

Real Estate

Weak real estate sector hits ceramic industry hard

The ceramic industry in Morbi, as it faces a downturn in business because of weak demand from the real estate sector

Brand World Rss icon

Advertising helped insure LIC against competition

For the state life insurer aggressive marketing wasn't on its mind in the 1970s. But it soon changed

Artisans lend fashion portals a local flavour

Leading fashion portals like Jabong and Myntra are tying up with boutiques or labels that source handicrafts

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