MARKETS »

Markets likely to remain cautious on possibility of Grexit


Crude oil prices and movement of the rupee are likely to dictate the trend on the bourses

Greece Crisis »

India Inc braces for Greek crisis


However, tour operators say the Greek crisis will not impact their business

COMPANIES »

At IT's lowest rungs, automation on the prowl


Automation threatens to hit hiring of graduates, bottom-of-pyramid jobs

ECONOMY AND POLICY »

Government mulls legal services' liberalisation


SILF has demanded that Indian law firms be allowed to advertise and promote their expertise abroad

AROUND THE GLOBE »

Amazon to offer loans to sellers in China, India, six other countries


As of now, the e-retailer offers the service only in the United States and Japan

CURRENT AFFAIRS »

Chinese military research academy praises India's Arjun tank


The Arjun is a third generation main battle tank developed by DRDO for the Indian Army

FINANCE »

Irdai to pause on multiple tie-ups


Noting opposition from PSBs, regulator believes this isn't the time to push its draft proposal; however, exclusive arrangements to be

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

Three Indian carriers have approached the regulator with a proposal to allow them to charge travellers for every kilogram of checked luggage. Should DGCA approve the proposal?

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Columnists

When retirement beckons
Ajit Balakrishnan

How do the powerful manage the approach of long years of retirement?

Experimental China
Andrew Sheng & Xiao Geng

Rather than avoiding risk, China's leaders remain prepared to reverse failing policies; and, if necessary, they are willing to pay for mistakes

The family in Indian
business

Shailesh Dobhal

In peace and at war, firms remain tethered to promoter families in a uniquely Indian way

Transformational moment
Neil Irwin

Greek leaders think offer on the table from European govts and IMF is lousy, requiring still more pension cuts and tax increases

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

Room for rebels?

Lessons from the fate that befell rebel BJP CMs

A managed Grexit

Greece and the 'troika' must accept reality

Financial X-ray

Bharat Forge: Decline in North American truck market may impact sales

Weak ordering likely to impact Bharat Forge's revenue growth a few quarters down the line

BHEL: Positive signs, but still early to rejoice

Recent commissioning of projects good news but bottlenecks remain as BTG market yet to show uptick

BOOK REVIEWS

India off the tourist track

Samir Nazareth's sheer inquisitiveness gives 1400 Bananas, 76 Towns & 1 Million People the level of detail of an hourly maintained diary

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

Regulate OTT services, recommends DoT panel

Airtel Zero platform kicks off debate on net neutrality; telcos demand same rules for same services

Auto stocks surge on improved monsoon expectations

After the gloom from early deficit predictions, sentiment has changed with the advance of rain clouds; however, industry keeps its fingers ...

RCom in talks with ATC, Carlyle for stake sale in tower biz

BSE had sought clarification from RCom with respect to reports that it was in talks for sale of majority stake in tower business under Reliance ...


Today's picks- 29 June 2015

Nifty, Bank Nifty, Tech Mahindra, Hindalco & HInd Unilever

Today's picks- 24 June 2015

Nifty, Bank Nifty, Hindalco, Tata Steel & Hind Unilever

Indian company Vaibhav Global dresses up middle-class Americans

It is now being spoken of as one of the world's few profitable online discount jewellery and lifestyle accessory retailers


Greek crisis not to impact ICICI Bank: Chanda Kochhar

Country's largest private sector lender ICICI Bank today said it sees no impact of the Greek debt crisis on the bank as it has no exposure to ...

HC okays IDFC-IDFC Bank de-merger

The order comes after IDFC Ltd filed an affidavit that all statutory provisions had been complied with for the proposed scheme

Syndicate Bank moderates growth targets under new MD

Course correction to grow share of low cost deposits


Regulate OTT services, recommends DoT panel

Airtel Zero platform kicks off debate on net neutrality; telcos demand same rules for same services

RCom in talks with ATC, Carlyle for stake sale in tower biz

BSE had sought clarification from RCom with respect to reports that it was in talks for sale of majority stake in tower business under Reliance ...

Airtel, Ortel keen to create PoC for Bhubaneswar Wi Fi project

The two companies are keen to create PoC for Utkal university campus and the posh Sahid Nagar locality in the city


Tech Mahindra sees weak revenue, earnings in Apr-Jun quarter

Says seasonally weak mobility business will be a drag on Q1 revenues and EBITDA

Innovation to differentiate us in marketplace: Wipro

The company will significantly increase its rate of patent filing over the next three years

Rishad Premji gets Rs 1.7-cr salary

Rishad, who joined the company in July 2007, is currently chief strategy officer of the Bengaluru-based company


Dr Reddy's initiates recall of two drugs in US

Recall of anti-seizure drug, Divalproex, involved four lots of bottles containing different counts and strength of tablets

Lupin looking to enter new product segments, geographies

Going forward, meaningful acquisitions are going to be vital to our growth strategy, says drug major's MD

Lupin to beef up branded portfolio through alliances

We are investing in people, processes, technology and systems, says company's MD


Auto stocks surge on improved monsoon expectations

After the gloom from early deficit predictions, sentiment has changed with the advance of rain clouds; however, industry keeps its fingers ...

Europe crisis: Stocks across the spectrum feel the heat

Motherson Sumi, Bharat Forge, Havells, Cox & Kings and HCL Tech fall up to 6%

JMT Auto zooms over 50% in three days post stock split

The stock hit a 52-week high of Rs 45.90 and zoomed 58% in past three trading sessions from Rs 29.14 on June 24.


DLF lures buyers with freebies

Everything from organic farming to free shuttle service is being offered by the largest real estate player of India

Madras HC restrains workers union of Neyveli Lignite to go on strike

Workers have threatened to go on indefinite strike from July over wage settlement

Australian project stuck, Adani to focus on India plans

With projects worth Rs 1,28,000-cr, the group hopes to become one of the country's biggest industrial houses


GMR group begins construction of Philippines airport

GMR Infra JV won contract to expand and modernise Mactan-Cebu airport in Philippines on BOT basis for 25 years

Larsen & Toubro rebounds 4% from intra-day lows

So far in June, the stock has outperformed the market by gaining 8% compared to a 1% decline in the CNX Nifty.

L&T secures new orders worth Rs 2,035 crore

Its building and factor business segment has secured new orders for construction of office spaces, including add-ons


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?


Today's picks- 29 June 2015

Nifty, Bank Nifty, Tech Mahindra, Hindalco & HInd Unilever

CNX Metal index hits fresh 52-week low

Thus far in 2015, CNX Metal index has underperformed the market by falling 14% compared to 1% rise in the Sensex.

Tata Steel more vulnerable than its global peers

A sharp decline in steel demand in China has battered the finances of global steel makers, exposing chinks in Tata Steel armour. With debt to ...


Zydus wins USFDA nod for neurological drug

Group now has 100 approvals and has so far filed over 260 ANDAs

Rallis India: Newer segments to drive growth

Seeds, plant nutrients and exports are expected to improve revenue growth and profitability

UP, others fail to find lead; Hong Kong okays Maggi

Others like Bihar and Rajasthan could not progress in testing process due to lack of proper infrastructure


TV18 and CNN to part ways from Jan 2016

They have a ten-year licensing pact, which they have decided to conclude

Sun TV Network extends decline on heavy volumes

The stock dipped nearly 15% to Rs 275, extending its previous day's 2% fall on the NSE.

Home Ministry top sources favour non-renewal of Sun TV licence

Sun TV shares fell by a sharp 6% on account of reports that the Prime Minister's Office has indicated that it finds merit in the Home Ministry's ...


BPCL acquires 19.97% stake in PetronetCCK

PCCKL will become a subsidiary of BPCL with BPCL holding 68.97%

RIL to defer gas field development if price outlook uncertain

Development of of R-Series and other satellite gas fields dependent on the future economic viability of the required investments, said Niko

RIL to shut down one refinery unit for maintenance in July

The other three crude distillation units in Jamnagar for will be operating at normal rate


Australian project stuck, Adani to focus on India plans

With projects worth Rs 1,28,000-cr, the group hopes to become one of the country's biggest industrial houses

Markets stumble on global cues; Sensex loses 85 points

The banking, oil and metal sectors were the top sectoral losers on the BSE, while IT stocks rendered support at lower levels.

Cupid surges 20% on winning order worth of Rs 100 crore

The company received an order worth $16.28 million to supply female condoms to NDOH, South Africa.


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
(%)

26705.00
+181
+0.68

3735.00
-80
-2.1

35908.00
-60
-0.17

375.15
+1.25
+0.33

181.10
+3.5
+1.97

FEATURES

In Depth Rss icon

A Naga settlement: so near, yet so far

The government's strategy to negotiate with one faction of the rebels has exasperated the group led by SS Khaplang

Mass medicine scheme needs a booster dose

Despite several attempts, Jan Aushadhi Scheme continues to face an uphill task in making generic & cheaply priced medicines easily accessible

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

CavinKare plots a new route

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

Never say goodbye

Hotels are wooing a growing band of travel enthusiasts with a range of flexible and lucrative loyalty programmes