MARKETS »

Nifty ends above 8,400; GDP data, RBI policy eyed


The Sensex zoomed 322 points to finish at 27,828 levels while the Nifty surged 115 points to close at 8,434 mark

COMPANIES »

Sun Pharma Q4 profit at Rs 888 cr; Ranbaxy merger hurts


Net sales of the company stood at Rs 6,144.90 crore for the fourth quarter

ECONOMY AND POLICY »

April fiscal deficit at 23% of FY16 estimate


Arun Jaitley had budgeted the 2015-16 fiscal deficit to come in at 3.9 per cent of the GDP

CURRENT AFFAIRS »

DGCA to probe Delhi airport radioactive leak


The inquiry will pertain to the extent of leakage and whether the consignment was properly handled both in Turkey and New Delhi or not

AROUND THE GLOBE »

Wall Street opens marginally lower after U.S. GDP data


The Dow Jones industrial average fell 0.08%

STRATEGIST - BRAND WORLD »

IFFCO embarks on journey from Bharat to India


A farmers' co-operative wants to become a global brand. Can IFFCO make the change?

FINANCE »

With high credit growth, Bandhan to start bank with Rs 11k cr credit base


The micro finance institution has a client base of nearly 6.5 mn

OPINION »

COLUMNIST »


Abheek Barua:One year of Modi - Off the beaten track?

Three ways in which the NDA govt's economic policy differs from its predecessor's

Editorial Comment »


Why can't Modi make a case for reform?

For fear of being "anti-poor", PM unwilling to discuss NDA govt's economic reforms

BS Poll

Does the PM's promise to retrieve the black money stashed away abroad sound hollow one year after his rule?

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Columnists

What the talkathons
missed

T N Ninan

The Asian Development Bank, surveying water security in Asia, has reported that India ranks near the bottom on the subject

Why AIIB could work for
India

Suman Bery

The Asian investment bank could transform development finance and enable Sino-Indian cooperation

Modi's mann ki baat with
Singh

Sunanda K Datta-Ray

Here's what might have happened when Prime Minister Narendra Modi met his predecessor, Manmohan Singh, at 7, Race Course Road

Nuclear accidents and
black swans

Devangshu Datta

Number of states with nuclear weapons has risen and perhaps, as importantly, nations and non-state actors with nuclear aspirations have

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

Weekend Columnists

My first report card at school
Malavika Sangghvi

Contrary to the great expectations that my parents had from me, my first report card at school wasn't anything to write home about

Wines for summer
Alok Chandra

This is the time to have white wines, rose' wines, and sparkling wines - the colder the better

Financial X-ray

M&M Q4 sales decline less than estimated

Higher realisations prevent sharper fall in sales, tractor margins down 300 bps to 11%

Ranbaxy: A new challenge for Sun Pharma

With Q4 performance already impacted, Sun Pharma needs to transform Ranbaxy's US and domestic operations

BOOK REVIEWS

The downside of easy money

For those well versed with economic policy and financial markets, it is standard stuff. But it is well worth a read if you are a student

Tarun Das' capitalism

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

Peter Thal Larsen

Beautiful blame
Peter Thal Larsen


To fix FIFA, start with the sponsors

Swaha Pattanaik

Yen for weakness
Swaha Pattanaik


Yen slide will encounter little political friction

CompaniesRss icon

M&M net plunges 39% on weak rural demand

This has forced the company to reduce its dividend payout for the year to Rs 12 per share from Rs 14 per share paid last year

Sun Pharma Q4 net down 44% at Rs 888 cr

However, total income increases 51% to Rs 6,157 cr

Tata Steel Europe urges workers not to support strike

The union members are locked in a dispute with the company about its proposal to change their pension scheme


Net profit of Nifty firms halves in fourth quarter

Worst performance since the September 2008 financial crisis

Board, shareholders cleared USL accounts: Mallya

The company's accounts for the years 2010 to 2014 were investigated by Diageo after it took over the company in 2014

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


Reliance Capital Q4 net profit up 53% to Rs 407 cr

Increased profits due to stake sale of asset management business

Markets stage a rebound; Nifty scales 8,350

Oil and banking stocks have firmed up this morning; HPCL, ICICI Bank and SBI are among the major gainers.

Net profit of Nifty firms halves in fourth quarter

Worst performance since the September 2008 financial crisis


Reliance Communications Q4 profit up 46%

Company's total data customer base grew 26% over last year, to 33.7 million

Markets at day's high; Sensex soars 300 points, Nifty reclaims 8,400

At 11:06, the Sensex was trading higher by 302 points at 27,808 mark and the Nifty gained 94 points at 8,414

Telecom executives eye change with entry of OTT players

The telecom operators have been asking for regulation of OTT players such as Skype, Whatsapp and Viber


3i Infotech problems continue to hound growth; net loss for Q4 at Rs 396 cr

The total debt of the company came down to Rs 2,655 crore in FY15, from Rs 3,815 cr in FY14

Infy shelves plans to develop second campus in Kerala

Ramadas Kamath, Executive VP at Infosys, says company abandoning the project due to lack of infrastructure

TCS rated best company in India: Dun & Bradstreet

The list of top 500 firms places Reliance Industries and ITC at the second and the third spots, respectively


Sun Pharma Q4 net down 44% at Rs 888 cr

However, total income increases 51% to Rs 6,157 cr

Ranbaxy: A new challenge for Sun Pharma

With Q4 performance already impacted, Sun Pharma needs to transform Ranbaxy's US and domestic operations

Dr Reddy's, AstraZeneca ink agreement for diabetic dosages

Dr Reddy's will be distributing Riax and Riax-M in India and the partnership is likely to strengthen Dr Reddy's diabetes franchise in India


M&M net plunges 39% on weak rural demand

This has forced the company to reduce its dividend payout for the year to Rs 12 per share from Rs 14 per share paid last year

Increasing India presence is an enormous task: Siddhartha Lal

Interview with MD & CEO, Eicher Motors

Mahindra XUV 500: Chrome craze

The upgraded Mahindra & Mahindra XUV 5OO has a lot going for it - from better colour coordination inside to improved fuel efficiency


Jet Airways posts Rs 1,802 crore Q4 loss

Makes full impairment of its JetLite investment

PVR posts loss of Rs 35.5 cr in Q4FY15

During the quarter the company had 12.2 mn footfalls in its cinemas

PVR Q4 net loss at Rs 36 crore

During the entire fiscal, company's consolidated net profit declined by 77% to Rs 12.76 crore from Rs 56.05 crore a year ago


Nandan Denim PAT up by 30%

Reports revenue growth of 22.7% YoY at Rs 1,096.53 cr for the year ended March 31, 2015

India Cements reports Rs 36.6 crore profit in Q4

Last year reported a loss of Rs 157 crore; revenue drops by 7.25 %

India Cements values IPL franchise rights at Rs 7 cr

The BCCI approved the transfer subject to the condition that India Cement provided a parent company guarantee that subsidiary would meet all the ...


Tata Steel Europe urges workers not to support strike

The union members are locked in a dispute with the company about its proposal to change their pension scheme

MCL banks on big mines to meet Coal ministry's target

Coal miner's production pegged at 250 mnt by 2020

SAIL FY15 profit down 20% at Rs 2,093 c

The company's crude steel production for Q4 stood 10% higher at 3.72 million tonnes


IOC Q4 net down 33% at Rs 6,285 cr

Total income also declined 30% to Rs 94,791 cr as against Rs 1.35 lakh cr in the year-ago period

RIL close to selling US shale gas JV stake

RIL and its partner Pioneer Natural Resources own 45% stake in the Eagle Ford shale gas asset in the US and may get around $4 bn for the stake

Indian Oil net profit down 33% at Rs 6,285 cr in Q4

Says refining margin has come down to $0.27 per barrel in 2014-15 from $4.24 in the previous fiscal


Technology Rss icon

The 'M' of Android is finally here

The much-awaited OS, with hundreds of platform improvements, might be Google's most ...

How prepared are we to counter mobile security risks?

Business Standard brings you key findings of  a study conducted by BlackBerry

Turning over a new leap

With efficient battery & sturdy design, BlackBerry Leap does tick quite a few boxes

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
(%)

26845.00
-16
-0.06

3872.00
+204
+5.56

38327.00
+31
+0.08

386.30
-6.15
-1.57

169.90
-4.5
-2.58

FEATURES

In Depth Rss icon

What's behind Delhi's air pollution?

The government says emission from old diesel vehicles is not to be blamed. Experts say government is selectively using data to make its case

Power

Power reforms gain ground in states

With 40,000 Mw of stalled projects likely to start production soon, states are bailing out discoms and revamping supply network

Start-ups

Sean Blagsvedt

Fighting poverty by helping find jobs

Bengaluru-based babajob.com is trying to help unorganised blue-collar workers get better employment

Brand World Rss icon

From Bharat to India

A farmers' co-operative wants to become a global brand. Can IFFCO make the change?

Daimler

Highway riders

Daimler is taking on its European peers by manufacturing premium trucks in India for the local and global market