MARKETS »

Sensex opens above 27,000, Fed comments cheer


ICICI Bank, Hindalco, SBI, Sesa Sterlite and Tata Motors are top five gainers from the Sensex pack

SPICEJET IN CRISIS »

Air travel ticket prices soar as SpiceJet's troubles continue


With little clarity on SpiceJet's future, fares for popular routes have jumped sharply

COMPANIES »

SoftBank turns largest investor in Indian e-Commerce


The Japanese giant recently said that it intends to invest about $10 bn in India over the next few years

ECONOMY »

Domestic oil producers lose Rs 1.4-lakh-cr value in 6 months


Goldman says sector could lose $1 trillion globally if $60 becomes the new normal for Brent crude oil

AROUND THE WORLD »

Philips expands in medical devices with $1.2-bn Volcano deal


The deal is expected to add to Philips' earnings per share by 2017

FINANCE »

Rupee volatility could delay rate cuts by RBI


Markets are in uncertain mood at home and abroad, with FIIs moving out from here in recent days; many feel the central bank would take its time

CURRENT AFFAIRS »

Black money in India not less than that stashed abroad: Govt


The govt has appointed an SIT to probe a list of over 600 people with money in HSBC, Geneva, among other cases

OPINION »

COLUMNIST »


Kanika Datta: Modi's honeymoon gets shorter

Mr Modi is promising many things and showing few signs of delivering anything

Editorial Comment »


Let SpiceJet fail

Government aid to SpiceJet hurts economy

ON THE BEAT »


Superstar, SpiceJet and the art of flying

The airline business in India is a lot like the movie business of the South, aligned very closely to political interests, says Sundaresha ...


BS Poll

Will the brutal attack by Taliban gunmen at an army run school in Peshawar serve as a wake up call for the Pakistani government to crush all home grown terror outfits?

Yes  
No  
Can't Say  

People Rss icon

Live Markets

Powered by: SmartInvestor

Derivatives

Opinion Rss icon

Columnists

Exhaustion in Lima
Nitin Desai

The confused outcome of climate-change talks reflects the complex fault lines that divide countries on this issue

Why Delhi does not need
another airport

Anjuli Bhargava

Instead of putting weight behind new airport in Noida, MoS for Civil Aviation should look at how facilities at existing airports can be upgraded

Throwing money at
start-ups in frenzy to
find the next Uber

Steven Davidoff Solomon

Companies are going from zero to billion-dollar valuations faster than ever before, despite a lack of revenue and, perhaps, even a market plan

Modi's honeymoon gets
shorter

Kanika Datta

Mr Modi is promising many things and showing few signs of delivering anything. Granted big bang reforms may take some time

BLOGS


Give them a fair chance
Somasroy Chakraborty

Old private banks that escaped nationalisation of 1960's and 1970's typically began as community banks

Cheers to the perfect cup of tea
Kavita Chowdhury

Musings on December 15, the International Tea Day

EDITORIAL COMMENTS

Let SpiceJet fail

Government aid to SpiceJet hurts economy

Peshawar's murdered children

Will tragedy jolt Pakistan's establishment into sense?

Financial X-ray

Maruti: Weak yen to boost margins in FY16 & FY17

Double-digit volume growth in first half of FY15 drives earnings upgrades

Dr Reddy's: Rouble's fall to have 4-5% impact on sales

Analysts say correction is overdone; price rise for OTC drugs could reduce impact

BOOK REVIEWS

KP off the bat

'I don't march in step. I don't ask people to trample all over me because it might make them feel better. That's not who I am.'

Pakistan's defence lawyer

The historian Ayesha Jalal valiantly defends not only Jinnah and the idea of Pakistan, but “actually existing Pakistan”

Una Galani

Dirty coal
Una Galani


Bakries down but not out in $3.6-bn debt rejig

Robyn Mak

Uber fanfare
Robyn Mak


Baidu's Uber stake is more hype than substance

CompaniesRss icon

SpiceJet all but grounded, lenders refuse to play ball

Thousands stranded as all flights till 4 pm cancelled; competitors jack up airfares

Domestic oil producers lose Rs 1.4-lakh-cr value in 6 months

Goldman says sector could lose $1 trillion globally if $60 becomes the new normal for Brent crude oil

Air travel ticket prices soar as SpiceJet's troubles continue

With little clarity on SpiceJet's future, fares for popular routes have jumped sharply


HUL joins cross-promotion bandwagon

In a print ad, the company can be seen referring to leading washing machine makers' endorsement of its Surf Excel Matic detergent

Oil and gas, IT sectors contribute 50% to Sensex fall in December

Infosys, which fell 11% in past 10 trading sessions, dragged the Sensex down by 269 points during the period. RIL accounted 208 points fall in ...

Middle class diamond purchases up four-fold in 12 years in India: De Beers

It's a sign the country is developing into a diamond consumer market to complement its pre-eminence as a polishing centre


ICICI Bank, Bank of Baroda fined for flouting KYC norms

ICICI Bank has been slapped with a fine of Rs 50 lakh, while BoB has been levied a fine of Rs 25 lakh

RBI slaps Rs 50 lakh penalty on ICICI Bank, Rs 25 lakh on BoB

It has imposed monetary penalty on the two banks for violation of its instructions

PSU banks rebound; CNX PSU index up 3%

SBI, Oriental Bank of Commerce, Indian Bank, Union Bank, Bank of India and Syndicate Bank are up 3-6% on NSE.


Today's picks- 17 December 2014

Nifty, Bank Nifty, DLF, Tata Steel & Bharti Airtel

Airtel to sell telecom tower assets in Zambia and Rwanda to IHS

The deals will allow Airtel to focus on its core business, reduce debt and cut down on capex

OnMobile Global up 5% as board approves share buyback

The board approved buyback of shares through stock exchange mechanism, at a price not exceeding Rs 86 per equity share.


Tech Mahindra to launch connected solutions for used cars

The company is learnt to have entered into a strategic alliance with Germany's Enquiss GmbH for the same

Today's picks- 16 December 2014

Nifty, Bank Nifty, Sesa Sterlite, Cairn & TCS

Tech Mahindra comes a step closer to 2015 goal

After the acquisition of US-based LCC, it needs one more big-ticket acquisition to become a $5-billion company


Dr Reddy's: Rouble's fall to have 4-5% impact on sales

Analysts say correction is overdone; price rise for OTC drugs could reduce impact

HC reserves order on Novartis-Cipla drug dispute

The dispute is over manufacturing of the drug Indacaterol, used for treatment of chronic obstructive pulmonary disease

Rouble impact may push Dr Reddy's sales down by 4-5%

Analysts however say that the correction is overdone, stock reverses direction, recoups some losses


Maruti: Weak yen to boost margins in FY16 & FY17

Double-digit volume growth in first half of FY15 drives earnings upgrades

Tata Motors developing vehicles for defence sector

Some orders from the defence sector are in the pipeline, says plant head of the Jamshedpur unit of the company

Motherson Sumi: Expanding reach

Its acquisition of Germany-based Scherer and Trier is complementary with its other plastic parts' subsidiary SMP


SpiceJet all but grounded, lenders refuse to play ball

Thousands stranded as all flights till 4 pm cancelled; competitors jack up airfares

Air travel ticket prices soar as SpiceJet's troubles continue

With little clarity on SpiceJet's future, fares for popular routes have jumped sharply

Maran has the cash to bail out company

The Maran family owns 75% stake in publicly listed Sun TV Network, which has a market capitalisation of Rs 13,243 cr


Wind power sector readies for consolidation as Govt aims big

Increased impetus to 'Make in India' has made the sector an attractive investment opportunity all over again

ABB and Hitachi to form strategic power grid partnership

HVDC is a technology used for transmitting electricity between two grid systems

ABB, Hitachi to tie up for HVDC power grid in Japan

The new entity, to be based in Tokyo, will be responsible for design, engineering, supply and after-sales services


Hydro S&S Industries dips on fixing floor price for OFS

The stock dipped 10% to Rs 194, extending its previous day's 6% fall on NSE.

Good days ahead for cement firms

Improving realisations, led by demand revival and moderation in capacity expansion, say analysts

Arvind bags energy conservation award in textiles sector

Arvind Limited, one of the largest integrated textile and branded apparel player, has bagged the first prize in the textile sector in the ...


Sugar stocks still not out of the woods

The ethanol price decision will have limited benefits; prospects will look up only with a revival in the sugar cycle

GSK Consumer elevates marketing head Jayant Singh to regional position

Singh will head to Brazil, while company veteran Prashant Pandey will replace him in India

Wagh Bakri rules out IPO

Firm is open to acquisitions to speed up growth; is waiting for GST rollout to decide on new plant site


Domestic oil producers lose Rs 1.4-lakh-cr value in 6 months

Goldman says sector could lose $1 trillion globally if $60 becomes the new normal for Brent crude oil

Oil firms await refuelling request from SpiceJet

Part payment brings minor relief for airline

Status report on RIL arbitrations sent to PMO

RIL and its partners have four arbitration cases with the Centre, of which two pertain to the KG-D6 block on cost recovery and market pricing


Beyond Business Rss icon

TB is the new lifestyle disease

Crash diets, stress and chronic diseases have brought immunity levels down and made TB a modern-day ailment that is affecting even the affluent

The day I become a Hobbit

The Shire where JRR Tolkien's Hobbits live has now moved from fiction to a farm in New Zealand. It left Latha Srinivasan in a daze with its ...

Commodities

Commodity
Price(Rs)
Change
(%)

26966.00
-228
-0.84

3736.00
+109
+3.01

36790.00
+63
+0.17

407.25
-1.5
-0.37

235.00
+0.4
+0.17

FEATURES

In Depth Rss icon

For Bahl, it's 18 all over again

Since his exit from the broadcasting empire he founded, Raghav Bahl has been moving swiftly to prepare for the launch of his mobile news service

Tech Mahindra comes a step closer to 2015 goal

After the acquisition of US-based LCC, it needs one more big-ticket acquisition to become a $5-billion company

Real Estate

Weak real estate sector hits ceramic industry hard

The ceramic industry in Morbi, as it faces a downturn in business because of weak demand from the real estate sector

Brand World Rss icon

Advertising helped insure LIC against competition

For the state life insurer aggressive marketing wasn't on its mind in the 1970s. But it soon changed

Artisans lend fashion portals a local flavour

Leading fashion portals like Jabong and Myntra are tying up with boutiques or labels that source handicrafts

Business Education Rss icon

BITS Hyderabad opens its doors for overseas students

To start with, at its Hyderabad campus, it would take 50 foreign students for its more than a dozen undergraduate programmes from next year