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Markets end lower on May F&O expiry; Sensex sheds 58 points


Financials and pharma shares dragged the markets lower; IT stocks provided support at lower levels.

COMPANIES »

Hindalco Q4 profit falls 36% to Rs 160 cr


Net sales came in at Rs 9,219 crore, compared with Rs 8,360 crore a year ago

ECONOMY AND POLICY »

Flying abroad rules for airlines to be sent for Cabinet approval soon


The 5/20 rule which mandates an airline to fly for a minimum 5 yrs and have at least 20 planes in order to fly abroad will soon be replaced by a ...

ONE YEAR OF MODI GOVT »

People's expectations high, more to be done, says Modi


Govt does not have majority needed in LS to roll out core agenda: Shah

AROUND THE GLOBE »

Two FIFA vice presidents, 12 others charged in US probe


The offences include racketeering, wire fraud and money laundering conspiracy

FINANCE »

Passwords are passe; biometrics is the future of banking


Banks are now adopting voice recognition software to authenticate customers

CURRENT AFFAIRS »

Death toll climbs to 1,412 as intense heat wave continues


Andhra Pradesh and Telangana alone account for 1,360 deaths

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ISIS' impossible
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Claude Smadja

ISIS' advances in Iraq and Syria are not just tactical but strategic victories - born of US errors and confusion

Renewables, divestment
and stranded assets

Vandana Gombar

Pressure is building on companies not only to control their emissions but also to be more efficient in their energy use, be responsive

A test of RIL's core
competence

Indrajit Gupta

It may not be long before India’s telecom market is shaken up by the launch of Reliance Industries’ 4G wireless broadband service

Auto industry looks
beyond ownership

Mark Gilbert

Ford reckons the global auto-sharing industry will be worth more than $6 billion by the end of this decade

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

Becoming competitive

Three sensible prescriptions for the success of 'Make in India'

Closer to normal

Updated monsoon forecasts suggest headroom for rate cut

Financial X-ray

BHEL: Stranded power projects to hit FY16 sales

Higher fixed costs and muted revenue growth might impact earnings for four quarters

IDBI Bank: Q4 surprises; outlook remains muted

Despite cheap valuations, the concern on slippage is much bigger, say experts

BOOK REVIEWS

Tarun Das' capitalism

Das was privy to what went on behind closed doors when industry met government, yet he chooses to disclose little

The resilience of MGR

As Tamil society has evolved in the time since M G Ramachandran, its degrees of complexity have increased

Fiona Maharg-Bravo

Ballot battles
Fiona Maharg-Bravo


Spain starts confusing political transformation

Swaha Pattanaik

Open options
Swaha Pattanaik


Euro pessimists are taking the long view

CompaniesRss icon

NMDC Q4 profit declines 31% to Rs 1,347 cr on lower sales

Standalone total income of the PSU fell by 27%

Hindalco Q4 profit falls 36% to Rs 160 cr

Net sales came in at Rs 9,219 crore, compared with Rs 8,360 crore a year ago

Markets end lower on May F&O expiry; Sensex sheds 58 points

Financials and pharma shares dragged the markets lower; select IT and auto stocks provided support at lower levels.


P&G's MD-designate Al Rajwani takes off from where Shantanu Khosla leaves

The Indian-origin executive has his task cut out- to ensure the Indian business grows in challenging times

8 new additions in MSCI India Index from tmrw; RInfra to exit

Lupin, Bharti Infratel, Eicher Motors and Bharat Forge among new entrants; index currently has 64 stocks

Women personal hygiene mkt size pegged at Rs 2,000 cr by 2018

According to the Deloitte study, less than 10% Indian women in reproductive age group are aware of menstrual hygiene


BOI books net loss for Rs 56 cr in Q4, stock tanks

Asset quality of the bank worsened with GNPA at 5.39%

Bank of India hits 52-week low on Q4 loss

The stock dipped 8% to Rs 188 after reporting a standalone net loss of Rs 56 crore for the quarter ended March 2015.

8 new additions in MSCI India Index from tmrw; RInfra to exit

Lupin, Bharti Infratel, Eicher Motors and Bharat Forge among new entrants; index currently has 64 stocks


8 new additions in MSCI India Index from tmrw; RInfra to exit

Lupin, Bharti Infratel, Eicher Motors and Bharat Forge among new entrants; index currently has 64 stocks

US court rejects Infosys plea for dismissal of discrimination suit

The ruling of US district court is expected to take Infosys to another phase of a legal battle in the US, where a majority of its business ...

Tech Mahindra shares tumble most in six years on earnings dip

Company on Tuesday reported a net income of Rs 472 cr ($74 million) for the quarter ended March 31, missing the median Rs 723 cr forecast by 35 ...


Markets end lower on May F&O expiry; Sensex sheds 58 points

Financials and pharma shares dragged the markets lower; select IT and auto stocks provided support at lower levels.

Markets end lower on May F&O expiry

Provisionally, the Sensex ended at 27,506.71, lower by 57.95 points and the Nifty closed at 8,319.00, down 15.60 points

AstraZeneca Pharma rallies post Q4 results

The stock soared 17% to Rs 1,002 after the company reported a net profit of Rs 38.13 crore in the March quarter against a loss of Rs 2.57 crore ...


Markets end lower on May F&O expiry; Sensex sheds 58 points

Financials and pharma shares dragged the markets lower; select IT and auto stocks provided support at lower levels.

Markets end lower on May F&O expiry

Provisionally, the Sensex ended at 27,506.71, lower by 57.95 points and the Nifty closed at 8,319.00, down 15.60 points

8 new additions in MSCI India Index from tmrw; RInfra to exit

Lupin, Bharti Infratel, Eicher Motors and Bharat Forge among new entrants; index currently has 64 stocks


8 new additions in MSCI India Index from tmrw; RInfra to exit

Lupin, Bharti Infratel, Eicher Motors and Bharat Forge among new entrants; index currently has 64 stocks

NBCC gains on bagging Rs 378 crore contracts

At 1134 hours, the stock was up 2% at Rs 782 on the NSE.

Seamec surges as board approves share buyback proposal

The stock was up 7% to Rs 118 after the board approved buyback of shares at Rs 125 per share via tender offer.


Jet Airways launches four-day discount offer

The company is offering a million tickets at 25% discount, valid for travel between June 15-October 15

Hotel Leela net profit at Rs 44 crore in fourth quarter

Net sales of the company grew by 3% to Rs 228 crore

NIIT registers net loss of Rs 151.2 cr in Q4

Its revenue declined to Rs 223.5 crore in the reported quarter as compared to Rs 232.9 crore in the year-ago period


8 new additions in MSCI India Index from tmrw; RInfra to exit

Lupin, Bharti Infratel, Eicher Motors and Bharat Forge among new entrants; index currently has 64 stocks

BHEL: Stranded power projects to hit FY16 sales

Higher fixed costs and muted revenue growth might impact earnings for four quarters

BHEL fourth quarter net down 52% to Rs 888 cr

The major decline in profit came despite a 10.2% cut in expenses to Rs 11,286 cr during the quarter


Arvind to open first Gap store on May 30

Store will be based in Select City Walk mall in Delhi

8 new additions in MSCI India Index from tmrw; RInfra to exit

Lupin, Bharti Infratel, Eicher Motors and Bharat Forge among new entrants; index currently has 64 stocks

Arvind gains as stock quotes ex-demerger

Meanwhile, Arvind announced that it will launch first Gap store on May 30, 2015.


8 new additions in MSCI India Index from tmrw; RInfra to exit

Lupin, Bharti Infratel, Eicher Motors and Bharat Forge among new entrants; index currently has 64 stocks

Vedanta to buy up to 5.33% stake in Cairn India on June 3

Analysts say move neutral as stake purchase within promoter group

Crude awakening for ONGC, Oil India

The falling price of crude oil is good for the government, but less so for state-owned crude oil producers as they gear up for divestment


Tree House Education posts over two fold rise in profit at Rs 17 crore

Net profit for January-March quarter of 2014 was at Rs 8.04 crore

8 new additions in MSCI India Index from tmrw; RInfra to exit

Lupin, Bharti Infratel, Eicher Motors and Bharat Forge among new entrants; index currently has 64 stocks

Adani Enterprises dips on profit booking

The stock gained 17% in the month of May against a 2% rise in the CNX Nifty.


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
(%)

26786.00
-91
-0.34

3684.00
-29
-0.78

38179.00
-175
-0.46

391.95
-1.9
-0.48

180.70
-3
-1.63

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