Telecom firms to roll out full MNP from July 3

Currently, MNP only available within a state/circle where mobile subscribers can change their service providers while retaining mobile numbers

MARKETS »

IT stocks drag Nifty below 8,450; Sensex breaks 28,000


The broader markets, however, outperformed their larger peers

COMPANIES »

M&A hits six-year low in first-half of 2015


First half of the year worth $14.1 billion transactions, lowest since $9.1 billion in 2009

Greece Crisis »

Limited impact from Greece financial crisis: Rajan


Says that central bank and government are in talks to inject more capital into public sector banks

ECONOMY AND POLICY »

Railway project allotments at one-year low


Govt awarded projects worth Rs 31 crore in the rail sector, a 92% reduction from last year

Madrasa

CURRENT AFFAIRS »

Madrasas not teaching primary subjects to be classified as non-schools


It is not a school but a source of religious education, says State Minorities Affairs Minister Eknath Khadse

AROUND THE GLOBE »

BBC to axe 1,000 jobs in cost-cutting drive


It is grappling with a 150-million-pound budget gap and the current wave of cuts is expected to save around 50 million pounds a year

FINANCE »

Mobile banking may overtake internet banking by next year: HDFC Bank


Strap-Launched banking application on Apple watch

Data Stories

The 'Net' effect

A report by McKinsey Global Institute estimates the economic impact of the Internet of Things could be $3.9 tn to $11.1 tn a year by 2025

BS Poll

Will Greek crisis blow over after the referendum?

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Derivatives

Opinion Rss icon

Columnists

The centrality of cash
flows

Shyam Ponappa

Without it, one can hardly aspire to better living conditions

Taking each other for a
ride

Anjuli Bhargava

Ride-sharing can be a cheaper and more entertaining way to commute. It may, in fact, be a safer option than depending on a cab driver

PE in India - Setting
new benchmarks

Rohit Kapur, Vivek Pandit & Toshan Tamhane

Private equity as an asset class has had a significant impact on investee companies as well as the economy

Written down value
Kanika Datta

Alarming frequency with which these books now appear on book review editors’ desks suggest that they either meet an urgent market demand

BLOGS


The Emergency is not history - it is a warning

This is the problem: a powerful government that believes its anger is right and justified does not need the emergency clause to replicate the ...

All that glitters is not solar

For all the PM's ambitious talk about solar power, there remain significant challenges on the ground

EDITORIAL COMMENT

Macroeconomic stability not a guarantee to accelerating growth

Bank credit growth and corporate profitability patterns paint a picture of persistent stagnation

Insuring crops: Urgent need for insurance & compensation fund

Existence of such a fund would obviate the need to announce special compensation packages

Financial X-ray

IndiGo IPO: Higher valuations can lift sector

Operational improvement must for Jet and SpiceJet to bridge valuation gap with market leader

IGL: Strong prospects, regulatory clarity to drive re-rating

Analysts are likely to upgrade stock after favourable SC verdict

BOOK REVIEWS

Archiving herstory in the freedom struggle

Sagari Chhabra’s book attempts to correct this historic wrong of confining women freedom fighters’ contributions to vaults of forgetfulness

Una Galani

Son of Icarus
Una Galani


SoftBank's solar ambitions fly close to the Son

Jeffrey Goldfarb

Bad blood
Jeffrey Goldfarb


Mega-rejections signal M&A's Taylor Swift moment

CompaniesRss icon

Tata enters autorickshaw space in A'bad with 4-wheel Magic Iris

Claims vehicle has more space for the driver and passenger along with a seat belt

Mobile banking may overtake internet banking by next year: HDFC Bank

Strap-Launched banking application on Apple watch

Airtel sells tower assets for $1.3 bn in five countries in Africa

The company had earlier announced that it would divest tower assets in 13 countries in Africa to different companies


Videocon gets shareholder nod to raise Rs 5,000 cr

Could raise funds through GDR, FCCBs

Food drives the ITC truck

The cigarette major's food business is powering its FMCG thrust, giving new character to an old conglomerate

FMCG shares in focus; Godrej Consumer, Emami hits record high

At 1243 hours, CNX FMCG index was up 1.5% or 297 points at 20,052 as compared to 0.15% rise in the CNX Nifty.


Mobile banking may overtake internet banking by next year: HDFC Bank

Strap-Launched banking application on Apple watch

Markets have a tepid morning; Nifty hovers at 8,450

The IT and banking stocks are subdued this morning, while the auto and metal pack is seeing some buying interest.

Kotak Mahindra Bank lowers base rate to 9.75%

The new rate being offered by the bank is 5 bps higher than its larger rivals


Airtel sells tower assets for $1.3 bn in five countries in Africa

The company had earlier announced that it would divest tower assets in 13 countries in Africa to different companies

Bharti Airtel: Shedding tower assets, more in store

Company has completed the sale of telecom towers in five African countries for a consideration of about $1.3 billion

Airtel to launch full MNP tomorrow

With national MNP, mobile customers across the country can shift between states without having to change their mobile number


Ramco Systems surges on signing pact with Australian firm

In the past three trading sessions, the stock has rallied 27% compared to a 1.3% rise in the S&P BSE Sensex.

Vakrangee surges on FIIs buying

Janus Overseas Fund had bought 1.52% stake in Vakrangee during the April-June quarter.

IT earnings: Seasonal uptick likely in Q1

No big positive surprises expected: Analysts


Dr Reddy's launches new logo and brand

The company has also chosen a new corporate colour- Purple

Aurobindo Pharma CEO resigns

According to a source, Arvind Vasudeva is planning to pursue teaching profession as he is an authorised coach to train the CEOs

Sensex gains 240 points to end above 28,000

Capital goods, IT and financials were the top gainers


ABB India to raise Rs 600 cr through NCDs

It said the issuance would be subject to approval of the shareholders by way of a special resolution through postal ballot

L&T wins Rs 1,885 cr worth contracts in June

On the domestic front, construction and procurement order was received from Odisha Power Transmission Corporation

BEML hits fresh 52-week high; zooms over 60% in 2015

Thus far in 2015, the stock rallied 68% as compared to 2% rise in the S&P BSE Sensex.


SRF hits lifetime high

Since June 12, the stock rallied 17% after the government extended the anti-dumping duty on Nylon Tyre Cord Fabric from China.

Kishore Biyani's limitless ambitions

He wants to transform his retail-led enterprise into a consumer goods giant, and reach Rs 1 lakh crore in turnover by 2021, but is that

Raymond: New clothes on an old emperor

Raymond looks to reclaim its place as the perfect brand for the perfect man. Can it keep up with the changing times?


Coal India Q1 output up 12% at 121.33 mn tonne

The miner has met 99% of its production target of 123.04 mn tonne in first quarter of current fiscal

JSW to spend Rs 50-cr for school of public policy at IIM-A

School will be set up at IIM-A campus and will be run by the institute

Gopal Singh named as new CMD of NMDC Limited

13 persons were interviewed for selection process earlier in the day


OMCs hit multi-year highs

Since Jan, scrips have rallied 25-43% with encouragement from reforms in sector since mid-2013 and optimism on earnings prospects

HPCL to raise Rs 1,260 cr to fund expansion

Fitch Ratings said it assumed an average annual capex of Rs 8,000 cr for HPCL over the next two financial years

BPCL, HPCL, Indian Oil hit 52-week highs on growth prospects

IOC has rallied nearly 6% to Rs 413. HPCL and BPCL have surged 4% and 2%, respectively on the BSE in intra-day trade


Beyond Business Rss icon

The incredible lightness of being

Pilates, a fitness system that focuses on stretching to help the muscles find their balance, is becoming popular. The author tries it out

Wimbledon 2015: The contenders

The tournament holds enormous significance for both Serena Williams and Novak Djokovic, though for different reasons

Commodities

Commodity
Price(Rs)
Change
(%)

26201.00
-210
-0.8

3670.00
+21
+0.58

35340.00
-36
-0.1

373.55
-0.4
-0.11

182.40
+4.8
+2.7

FEATURES

In Depth Rss icon

Has Greenpeace jolted the tea industry?

The industry began to upgrade its practices even before the NGO alleged Indian tea contained harmful pesticides

States to get report card on business friendliness

To start with, it will issue report cards on the progress made by the states on their investment friendliness

Start-ups

Rats, cheese and multiplication tables

Jaipur-based start-up Logic Roots aims to teach children math skills through board games

Brand World Rss icon

Food drives the ITC truck

The cigarette major's food business is powering its FMCG thrust, giving new character to an old conglomerate

CavinKare plots a new route

The Chennai-based company is taking its best-selling brand national, taking on stalwarts in the hair care sector