WEEKEND SPECIAL »

Start-up diaries: the personal journeys of entrepreneurs


Besides a great idea, it takes pluck, and some luck, to get going. Three startup entrepreneurs share their personal journeys

COMPANIES »

Air India tweaks Australia service to cut losses


Eexploring new service to Madrid- Barcelona and Copenhagen-Stockholm from its Delhi hub

ECONOMY AND POLICY »

Govt plans mega launch of insurance, pension schemes


Schemes aim at providing affordable universal access to essential social security protection

CURRENT AFFAIRS »

Nepal quake toll climbs to 7,040


At least 38 Indians were among 54 foreigners killed in the 7.9-magnitude quake last week that left a trail of devastation and suffering.

AROUND THE GLOBE »

Buffett celebrates 50th year at Berkshire, faces tough questions


Buffett gave no hints about who would succeed him and defended ties with Brazil's 3G Capital during the annual meeting

MARKETS »

Top 9 Sensex cos lose Rs 66k cr in market valuation


The m-cap of ITC slumped Rs 19,958 cr to Rs 2,58,300 cr, taking the steepest hit among the top-10 firms

FINANCE »

Rating upgrades present more choices for fund managers


With economic growth likely to pick up, ratings upgrades are going to increase

OPINION »

COLUMNIST »


Kishan S Rana: The Silk Roads and India today

India cannot resent neighbours moving ahead with infrastructure projects that serve their interests, funded by Chinese munificence

Editorial Comment »


Of good and bad times

The cause and meaning of Vijay Mallya's likely exit

LUNCH WITH BS »


Gurmit Singh, MD, Yahoo! India

Singh tells BS how working with Yahoo! has given him the chance to interact with different cultures and learn about other markets


BS Poll

Do Arun Shourie's views on the functioning of the Modi government hold water?

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Columnists

The Silk Roads and India
today

Kishan S Rana

India cannot resent neighbours moving ahead with infrastructure projects that serve their interests, funded by Chinese munificence

The new trade order
Pradeep S Mehta

TPP is becoming a reality in APAC would have many implications for India, not only in tariff preferences but also higher standards

A different ball game
for BJP in Bengal

Ishita Ayan Dutt

Has the Bharatiya Janata Party leadership resigned to the fact that Bengal is a fading dream?

'Now, we are at the
stage of financial
business'

Saugata Roy

What Jaitley, the experienced lawyer, has done in the Finance Bill is totally in contravention of the rules of business and the Constitution

BLOGS


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

Why Barkha Dutt is wrong about women's safety in India

Did misplaced national pride inhibit the avowed feminist in Barkha Dutt from calling a spade a spade on women's safety in India?

Weekend Columnists

The diary of a traditional Indian wife
Mitali Saran

Parliament says this marital rape thing doesn't apply in India, but official reports say that 97% of women are raped by people they know

The big-ticket comeback
Malavika Sangghvi

If Rahul Gandhi manages emerges as viable opposition leader Vs Modi, it will have less to do with spin and more to do with circumstances

Financial X-ray

TVS Motor: Volumes may come under pressure

If volumes don't grow at estimated 12-15% in FY16, margins won't touch 10% by FY17

Higher import duty on sugar will not sweeten prospects

Sugarcane procurement prices need to be linked with market price of sugar

BOOK REVIEWS

The other September 11

This book, which consciously channels Gabriel Garcia Marquez, describes the coup, the events leading up to it and the aftermath

Too much per capita hype

Hindol Sengupta writes, free enterprise at the micro level which is gradually levelling social inequalities by raising livelihoods

Robert Cyran

Failed endorsement
Robert Cyran


LinkedIn shareholders not endorsing lower growth

Quentin Webb

Poor Finnish
Quentin Webb


Nokia could end up paying more for Alcatel

CompaniesRss icon

Tata Motors turns to GenX Nano to shed 'cheapest car' tag

The GenX Nano is expected to hit the markets in 6-7 weeks time, following which the existing range of Nano will be phased out except for the CNG ...

Two-wheeler sales skid in April on rural slide

Poor crop realization, slowdown in rural wages pull back rural economy, impacting retail off-takes in major markets

Niko seeks extension for term loan payment

Company says milestones not achieveable by April 30, as originally envisaged, seeks extension till May 31


Of good and bad times

The cause and meaning of Vijay Mallya's likely exit

Godrej Consumer to keep investing in rural areas

Idyllic surroundingsThe company has taken a contrarian view compared with those of most consumer goods firms

Bosch group firm looks at market expansion in India

The company expects to increase its market share in the front loading washing machine segment


Bank of India cuts base rate by 25 bps to 9.95%

The new rate will be effecective from Monday

Bank of India cuts lending rate by 0.25%

The new rate will come into effect from May 4

IDFC Q4 net up 48% at Rs 383 crore

BS REPORTERInfrastructure Finance company IDFC Ltd's net profit for the fourth quarter ended March 2015 rose by 48 per cent to Rs 382 crore on ...


Docomo exit from Tata venture likely at lower valuation

Tatas may convert Tata Tele CCPSes into shares at below Price Waterhouse's fair price of Rs 23 apiece

Motorola bets on quality, after sales service to ramp up sales

The company is strongly focused on customer services and has opened 150 service centres across the country

Idea slashes national roaming tariff by upto 40%

The company will now charge incoming calls at 45 paise/minute, a reduction of 40%, while roaming anywhere in India


ERP software startup Icertis raises $6 mn from Greycroft, Fidelity

The company is also planning to raise to raise $20 million in the next 12-18 months

Polaris reports Rs 37-cr profit in Q4

The company added five new clients during the quarter; Revenue stood at Rs 467 cr

Nomura maintains reduce rating on Hexawre post Q1 earnings

The stock opened at Rs 289 and touched a low of Rs 278.10 on the BSE. As many as 202,568 shares had been traded on the BSE till 10:55am


Tata Motors turns to GenX Nano to shed 'cheapest car' tag

The GenX Nano is expected to hit the markets in 6-7 weeks time, following which the existing range of Nano will be phased out except for the CNG ...

Two-wheeler sales skid in April on rural slide

Poor crop realization, slowdown in rural wages pull back rural economy, impacting retail off-takes in major markets

Tata Motors sales rise 7%

Domestic sales of Tata Motors' commercial and passenger vehicles grew by 5% at 32,419 units against 30,740 units in April 2014


HCC recovers chairman's 'excess' salary

Proxy advisory firms had objected to Gulabchand's salary saying that it was not proper for him to draw such high salary when the company is in ...

HCC to repay Rs 200-cr debt, explore sale of BOT projects

The company has exited from two of its build-operate-transfer road projects over the last few months

SC allows Gammon India to bid for upcoming 8 metro stations in Delhi

Gammon had moved an appeal against Delhi HC judgment upholding award of Rs 665 cr work to GYT-TPL


Suzlon completes sale of German subsidiary Senvion, nets Rs 7,000 cr

The company will use proceeds to retire debt and expand business

Crompton Greaves inks pact with Paraguay's ANDE

Avantha Group firm to supply switchgear equipment, says it has won orders from ANDE worth $25 mn totally since last year

Supreme Infrastructure gains on EPC order worth Rs 134 crore

The order from Damodar Valley Corporation is for the construction of bridge on river Konar along with its approach road


Grasim Q4 net profit at Rs 507 cr

For the full year ended March 31, the company posted a net profit of Rs 1,743.80 cr against Rs 2,071.54 cr for 2013-14

S Kumar's investors withdraw resolutions to oust Kasliwal

The very group that earlier accused Kasliwal of mismanagement now wants him back; existing management inducts him, four others on the board

Essel Propack Q4 net up 66% at Rs 45 cr

The consolidated revenue during the quarter was up at Rs 611 cr as against Rs 581 cr


CAG questions delay in RINL expansion plans

CAG also asks firm to renew its expired mining licences in Odisha in order to get assured iron ore supplies

Man Industries gains on robust Q4 earnings

Net profit for March 2015 quarter zoomed 1,559% to Rs 44.79 crore

Vedanta dips as one time loss impacts March quarter earning

Decline in the global commodity prices along with a sharp decline in crude oil prices impacted the business


Enforcement Directorate seeks dismissal of Sun TV's petition

Highlights Supreme Court orders restricting any other courts from interfering in the related disputes

Sun TV, Kal Comm move HC against ED's attachment order

Court admits petition and asks Directorate of Enforcement to file a counter

Today's picks- 23 April 2015

Nifty, Bank Nifty, Tech Mahindra, Cairn India & Zee Entertainment


Niko seeks extension for term loan payment

Company says milestones not achieveable by April 30, as originally envisaged, seeks extension till May 31

ONGC not to use RIL's infra for KG-D5 as it makes no economic sense

The explorer is also setting up its own evacuation installation of a larger capacity near its discoveries in the region

Petrol prices raised by Rs 3.96 a litre, diesel Rs 2.37

From Friday, prices of petrol and diesel in Delhi will be Rs 63.16 a litre and Rs 49.57 a litre, respectively


VRL Logistics soars 43% on debut

Bumper listing follows record 74-times subscription to its IPO

VRL Logistics lists at 40% premium to offer price

Shares of VRL Logistics which listed today opened at Rs 288, a premium of 40% to the offer price of Rs 205

Flipkart acquires mobile marketing firm Appiterate

Post acquisition, Appiterate's mobile marketing automation platform will be integrated into Flipkart's mobile app


Beyond Business Rss icon

Don't sweat it

Yes, the temperature might be in the 40s. But a Flexi jacket can keep you looking cool

On a raw vegan diet

Uncooked, fresh and unprocessed - that's the diet a number of people are swearing by

Commodities

Commodity
Price(Rs)
Change
(%)

26623.00
-93
-0.35

3759.00
-31
-0.82

36550.00
+35
+0.1

416.50
+8.1
+1.98

178.40
+2.8
+1.59

FEATURES

In Depth Rss icon

Insurers go back to the drawing board

While 49% FDI has been allowed in the insurance sector, there are several issues that still concern Indian companies and their foreign partners

Can Paytm become the TaoBao of India?

Despite the many similarities between the Chinese and Indian digital commerce industry, Paytm may want to chart its own path

Start-ups

Jay Robotix to raise up to $5 mn from Indian, Singapore firms

Company is looking at raising funds, which should be completed within the next quarter

Brand World Rss icon

Sales take a knock, but BMW rides high on profit

German luxury car major says it is not interested in chasing monthly sales numbers & has thus decided to stay away from small cars

Will Jazz's brand new avatar work?

Honda says it will, as the new generation wants premium hatchback cars