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Markets end at record closing highs

Sensex gained over 100 points and ended at 26147.33 while the Nifty ended 27 points higher at 7,795.75.


Wipro to continue inorganic growth: Premji

Chairman says company will continue to look at acquisitions to strengthen its presence in growth areas


Mayaram says 3P India may sort out PPP management issues

Finance minister Arun Jaitely had announced the initiative in his Budget speech on July 10

Around the world »

Apple revenue lags Street's view despite strong China growth

Chief Executive Tim Cook told analysts on a conference call that Apple's Chinese performance was 'honestly surprising'


Maoists explode rail track, pilot engine of Rajdhani derails

Nearly 3 metre of track damaged, no casualties


Finance Ministry wants banks to be exempt from CSR spend

Letter to corporate affairs ministry cites slowing economy, capital challenges

Malaysia Airlines


Malaysia Airlines: Miles to go for salvaging brand

After two disasters in a span of five months, the airline has the uphill task of redeeming itself, reversing the slide in its financials as well


Nitin Sethi: Why the monsoon numbers hide reality

Because the ecology of various regions differs, it is silly to club them all under one countrywide average number


Visionary SME initiative picks up momentum

The total number of people who have graduated through the programme or are currently enrolled in it is 1,127, including senior managers (390), ...


Can a housing society expel its member?

Yes, but procedure is not easy. If expelled, member loses the right to his property

Ukraine Plane Crash

Bodies of Malaysia jet victims leave Ukraine

Dutch government declared a day of national mourning as the country prepared for the arrival of the first bodies in the afternoon

BS Poll

Former justice Katju's allegations seem to point to corruption in the Supreme Court. Do his charges hold water?

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Dismantling food

Indira Rajaraman

The most important features of the Union and Rail Budgets for 2014-15 are the micro-interventions that address food inflation

Two months and two

A K Bhattacharya

The first couple of months for a new government are always crucial as this is the time when it lays down its broad framework of policies

Welcoming FDI in news
Vanita Kohli-Khandekar

Allowing foreign investment will push media firms to clean up their act and put in place systems that will allow good journalism to flourish

The lure of legalising
bilateral disputes

Pranay Kotasthane

The PCA verdict on India-Bangladesh maritime dispute, which largely upholds Bangladeshi claim, has important lessons for India’s Saarc policy


Things fall apart , the Centre cannot hold
Kavita Chowdhury

As the Congress heads into another round of assembly elections by 2014 year end, insiders admit that they are reconciled to facing defeat

Mission to Mars
Raghu Kalra

So far, no nation has been able to enter the planet's orbit in the maiden attempt. Will India's MOM be the first?


No patchwork reform

Labour law overhaul must happen at the Centre

True democracy

Let Congress chief ministers be internally elected

Financial X-ray

Axis Bank's slippages, loan recast below estimates

Earnings upgrade in FY15 likely if accumulation of stressed loans are kept below Rs 6,500 cr

Asian Paints shows all-round growth

Pick-up in growth of industrial paints likely to complement strong show in decorative paints


What matters to Pele

Why Soccer Matters is like an abridged biography of Pelé that is narrated against the backdrop of five football World Cups

Content and its discontents

The People’s Platform, is aspirational or sarcastic, since Ms Taylor believes the classless aura of web masks an unfair power structure

Una Galani

As good as it gets
Una Galani

Asian airlines strive for return to mediocrity

Andy Mukherjee

Choking on love
Andy Mukherjee

Japan's bond-hugging banks are pinning Abe down

CompaniesRss icon

Environment ministry eases clearance rule

Agrees with coal ministry's idea of doing away with individual mine clearances and to, instead, consider clusters in the case of Coal India

Essar Ports Q2 PAT at Rs 92 crore, down 10% year-on-year

Increased expenses, higher finance cost drags company's bottomline

Margin pressures likely to continue for Hexaware

Analysts believe the company is chasing growth by compromising on profitability

IKEA's leisurely scout for a start

After clearance in 2012, single-brand showpiece still to decide on a single location, with first store unlikely before 2017

Asian Paints shows all-round growth

Pick-up in growth of industrial paints likely to complement strong show in decorative paints

Asian Paints Q1 net at Rs 338.7 crore

Company had posted a net profit of Rs 275.2 crore and net sales of Rs 2,818.53 crore in the same period of previous fiscal

Kotak Bank sees rupee range bound at 58-61 against Dollar

Says days of volatility in the currency are behind us

United Bank to raise Rs 300 cr by selling shares to LIC soon

Bank proposes to issue 8.45 crore shares

YES Bank Q1 net up 10% at Rs 440 cr

Gross NPA rises marginally to 0.33%; NIM unchanged sequentially

Aircel-Maxis case: Attorney General Rohatgi tells CBI to chargesheet Marans

AG's view in the long-pending case related to the Aircel-Maxis deal has come in less than two months of the Narendra Modi government taking ...

Trai proposals won't benefit RJio, RCom

Airtel, Vodafone & Idea, with higher bandwidth across different bands, could take advantage of spectrum sharing

Today's picks

Nifty, YES Bank, Tech Mahindra, Idea Cellular & Hndalco

Margin pressures likely to continue for Hexaware

Analysts believe the company is chasing growth by compromising on profitability

KPIT Technologies dips on weak Q1 results

KPIT Technologies plunged 7% to Rs 162 on the BSE after consolidated net profit dropped 17% to Rs 51 crore

TCS market value crosses Rs 5 lakh cr; shares hit 52-week high

Company's current market capitalisation is higher than the combined valuation of Infosys, HCL Technologies, Wipro and Tech Mahindra

MRF Q3 net up 1.3% at Rs 230.22 crore

Company had posted a net profit of Rs 227.28 crore in the same period last fiscal

Ceat falls 6% second day in a row on disappointing Q1 results

The management said that margins were hit due to rise in employee cost, higher ad spends and adverse product mix.

Engine maker Cooper Corporation plans LCVs

The company is in a wait-and-watch mode to see if the market for commercial vehicles in the country picks up before it launches its new range

Essar Ports Q2 PAT at Rs 92 crore, down 10% year-on-year

Increased expenses, higher finance cost drags company's bottomline

Budget housing developers gear up for Rs 5000 cr new launches

RBI recently brought housing loans upto Rs 50 lakh under priority sector lending which meant that such loans would come with cheaper rates now

MNRE bats for strict renewable power obligation compliance

Pleads SERCs to invoke penal provisions of the regulations against defaulting entities

Jet says it aims to turn profitable in 2017

Company is in the process of finalising its new products, restructuring its financial balance sheet, working with banks and making payments to ...

NIIT Ltd back in black in Q1

Posts net profit of Rs 0.6 cr compared to losses in previous fiscal

Jet Airways gains on debt restructuring plans

The airline gains 3% to Rs 264 after Jet Chairman Naresh Goyal said the airline will return to profitability by 2017

ABB reports 20% rise in net profit at Rs 48 crore in Q2

Growth in short cycle business helped the company register marginal growth in revenues

Thermax Q1 net profit down 17% y-o-y

Quarter results impacted due to loss in subsidiaries & fall in order book

Thermax to focus on international markets for better performance

Along with China, it is looking at markets like South East Asia, Africa and Middle East

Atul Limited soars over 10% on robust Q1 earnings

Q1 net profit up 48% at Rs 59.78 crore against Rs 40.45 crore in the corresponding quarter previous year.

Jain Irrigation: Happy days are here again

Higher govt allocation to its market is a positive; efforts to enhance cash flow and lower debt levels are paying dividends

Savita Oil Technologies slips on weak Q1 results

Savita Oil Technologies plunged after the company's net profits declined 16% to Rs 6 crore

Environment ministry eases clearance rule

Agrees with coal ministry's idea of doing away with individual mine clearances and to, instead, consider clusters in the case of Coal India

ED attaches properties of Nava Bharat Power in coal scam case

This is the second attachment order by the ED in the coal blocks allocation scam

NMDC plans to boost iron ore output by two-thirds

Is currently enhancing output at its three existing mines

Mcleod Russel mulls diversification

Expected to gather the responses from consultants in another three months' period

Tata Coffee posts 24.9% fall in June quarter profit

Lower profits in the June quarter reflect the lesser quantity of crop available for sale in the plantation business

Slow start to fertiliser sales this year: Murugappa chairman

However, he says current situation isn't as grim as predicted and indications are positive

Dish TV: Eyeing gains in FY15

Company recently changed its accounting policy of recognising lease rentals/activation fees received on account of sale of set top boxes (STB)

Sun TV Network plunges 10% on heavy volumes

A combined 679,000 shares changed hands on the counter in first half-an-hour of trading against an average 300,000 shares that were traded daily ...

Dish TV posts loss of Rs 16.05 crore in Q1

Company had registered a standalone net profit of Rs 31.73 crore for the April-June quarter of the last fiscal

Cairn India is betting big on gas production from its block

Will invest $200 million over the next three years in developing natural gas finds in its Rajasthan block

ICRA revises IOC's ratings to stable on falling under-recoveries

Improved credit ratings indicate low possibility of debt default by a firm and impact interest rates charged by its lenders

ICRA upgrades outlook on Indian Oil's long term rating

Diesel price deregulation to reduce under recovery burden

Riddhi Siddhi Gluco hits 52-week high on share buyback plan

The board has recommended buyback to 2.37 million equity shares at a maximum price of Rs 450 per equity share through tender offer.

Today's picks

Nifty, Bank Nifty, HDFC, GAIL & HCL Tech

Greenply Industries gain on robust Q1 results

Greenply Industries' net profit surged 33.9% to Rs 30.23 crore on 7.5% growth in net sales to Rs 516.74 crore in Q1

Beyond Business Rss icon

Riteish Deshmukh

Has Riteish Deshmukh finally come of age?

After a decade of acting in comic films, Riteish Deshmukh finally shows a versatile side with Ek Villain

Dal Lake: High-water mark

The Dal Lake in Srinagar may be a must-do for tourists, but it sometimes affords an offbeat experience of the region









In Depth Rss icon

Will asset sale help Jaypee tide over its debt woes?

Only an economic recovery will help Jaypee generate strong cash flows in its core businesses of construction and real estate

Will budget reforms help the Railways get back on track?

While govt's intention is to revamp India's rail network, a half-hearted attempt at creating more efficient body could derail the whole process

Real Estate

Realtors tweak strategy for affordable housing

Margins for developers have fell to 15-20 % in affordable segment

Brand World Rss icon

Malaysia Airlines

Malaysia Airlines: Miles to go for salvaging brand

Perception is more influential than reality, and air travellers typically make decisions based on the credibility of the airline

mobile phone

Brands back to feature phones

Targeting users of feature phones, brands are choosing the very Indian habit of missed calls over Western tools, for their mobile phone

Business Education Rss icon

Symbiosis to set up Rs 300-cr health sciences park

The park will also have a charitable hospital with a 200-bed capacity