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Sundaram BNP Paribas Home Finance to acquire small loan portfolios from housing finance cos

Will focus on the affordable housing space

IFC to invest Rs 450 crore in Temasek's banking & financial services arm

The investment will be through non-convertible debentures

Crorepati CEO club grew at a slower pace last year

Group expanded by 42 to 640 members in FY14, versus 87 additions to 598 a year earlier

DLF finds Rs 2,000 cr in assets 'frozen' by mutual funds

Writes to Sebi, asking if the firm's ban on securities transactions extends to mutual fund investments

Features Rss icon

From saas-bahu to 24, how TV is changing the show

As returns from fiction fall, broadcasters are experimenting with high-cost programming and new genres to grab more eyeballs. But can production ...

40 Years Ago...and now: The wheel turns full circle for Dunlop

Competition, ownership battles and labour problems saw this once-dominant tyre brand roll into history

Fears of tough penalties grow as India cleans up business

Regulators are now taking on companies that were long sheltered by political connections

40 Years Ago... And now: Ranbaxy grew with liberal regimes, moving out of family control

Ranbaxy tasted success for the first time in the 1960s with its tranquiliser, Calmpose

CompaniesRss icon

DLF finds Rs 2,000 cr in assets 'frozen' by mutual funds

Writes to Sebi, asking if the firm's ban on securities transactions extends to mutual fund investments

Wipro disappoints in Q2; misses Street estimates

Wipro, India's third-largest information technology (IT) services company, met its revenue growth forecast for IT services on Wednesday, but it ...

Honda pips Hero on Dhanteras

Honda reports retail sales of 165,000 units on Tuesday, compared with market leader Hero's 150,000 units


Asian Paints to buy 51% stake in Ethiopia-based Kadisco Paint

The acquisition will enable the company to expand its international footprint

Asian Paints Q2 Net at Rs 347.30 crore

In the same period of the previous fiscal, the company had posted a net profit of Rs 326.84 crore and net sales of Rs 3,084.06 crore

Today's picks- 21 October 2014

Nifty, Bank Nifty, BHEL, GAIL & Hindustan Unilever


HDFC's net rises in single digit after 21 quarters

Provisions and contingencies jumped 133% year-on-year to Rs 35 cr from Rs 15 cr in the same quarter last year. However, sequentially, it ...

L&T Finance Holdings Q2 net rises 17% to Rs 181.63 cr

Company had reported a net profit of Rs 155.72 crore a year ago

HDFC Q2 net up 8.8% at Rs 2,064 cr

Its consolidated income increased to Rs 11,644.08 crore for Q2, 2014-15


Samsung and Airtel launch integrated digital TVs

Samsung's SmartDirect TVs will come designed with in-built Airtel digital satellite tuner, will enable DTH signal reception without set-top-box

Nokia workers lobby Commerce Minister Sitharaman's to prevent shutdown

Union Commerce Minister Nirmala Sitharaman said she will pursue the matter with the finance ministry

Idea Cellular Q2 profit up 69%

The growth was on the back of strong subscriber addition and surge in data usage


Wipro disappoints in Q2; misses Street estimates

Wipro, India's third-largest information technology (IT) services company, met its revenue growth forecast for IT services on Wednesday, but it ...

Wipro's dollar revenue growth disappoints

Ebit margins decline 80 basis points sequentially to 22%; company expects 2nd half to be better

Cyient Q2 net up 24%

In dollar terms, net profit was up 28.6% at $14.9 million from $11.6 million in the year-ago period


Honda pips Hero on Dhanteras

Honda reports retail sales of 165,000 units on Tuesday, compared with market leader Hero's 150,000 units

Today's picks- 22 October 2014

Nifty, Bank Nifty, Cipla & Tata Motors

40 Years Ago...and now: The wheel turns full circle for Dunlop

Competition, ownership battles and labour problems saw this once-dominant tyre brand roll into history


DLF finds Rs 2,000 cr in assets 'frozen' by mutual funds

Writes to Sebi, asking if the firm's ban on securities transactions extends to mutual fund investments

Idco transfers 85 acres pvt land to Essar Power

The land has been alloted at Bijaychandrapur under Kujang tehsil in Jagatsinghpur district

NHPC to set up its first solar project in UP

The estimated project cost is Rs 400 crore and it will be completed by mid 2016


Jet, SpiceJet start another fare war

Airlines announce limited period one-way all-inclusive fares starting Rs 899

Departure time gets a new meaning in aviation

Stressful work schedules and limited growth opportunities are taking a toll on a large number of senior professionals in airlines

Early festive season sees air traffic grow the fastest this September

Budget carrier IndiGo keeps lead, with one in three preferring to fly with it


Havells Q2 net up 1% to Rs 113 crore

Company had posted a consolidated net profit of Rs 112 crore for the same period of previous fiscal

Debt-ridden GMR plans to raise Rs 5,400 cr

Amount likely to be raised through asset sale, equity issue; company might divest a few road and power plants

Today's picks- 21 October 2014

Nifty, Bank Nifty, BHEL, GAIL & Hindustan Unilever


GACL's Q2 PAT sees marginal rise, at Rs 48 crore

The company's first quarter net profit stood at Rs 56.95 crore

UltraTech: On a strong wicket

Realisations, overall performance beat most estimates, but some analysts are disappointed as cost pressures continue

UltraTech Cement gains as Q2 earnings beat estimates

Consolidated net profit rose for Jul-Sep increased 47% to Rs 416 crore against Rs 283 crore in the same quarter last fiscal


Tata Steel's plan to reach global scale losing fizz

All was going well in the beginning in FY07, but with economic slowdown worsening in Europe Tata Steel lost its global sheen

Unite set to meet Tata Steel chairman Cyrus Mistry on Nov 15

Trade union to be in talks with Tata Steel, Klesch group to work out long-term future of workers at European division

Coal India unlikely to gain from ordinance

On Tuesday, Coal India shares fell 1.57% on the BSE to close at Rs 355 apiece


Strong volume growth boosts UPL's revenue

Forex losses result in higher finance costs and lower other income, hitting net profit

Tata Coffee back in black with Rs 32.4 crore profit in Q2

Firm had net loss of Rs 12.9 crore in the corresponding quarter last year

Two MCFL investors tender 2.6% stake to Deepak Fertilisers

The takeover battle further intensified last month after Deepak Fertilisers raised its open offer price to Rs 93.60 per share


Zee Media falls on reporting loss in Q2 results

The stock has declined around 2.5% on BSE after the company posted net loss of Rs 12.8 crore in the July-September quarter

Today's picks- 20 October 2014

Nifty, Bank Nifty, Jindal Steel & Power & Zee Entertainment

Panasonic Appliances to delist shares from stock exchange

Indian promoters sells entire share to the Japanese partner


ONGC falls 5% in two days on stake sale report

Over the past two days, the stock declined 5.25% to Rs 397 from Rs 419 on October 20, compared to 1.2% rise in CNX Nifty

Reliance partner Niko falls 48%

Shares of Canada-based Niko Resources, a partner of Reliance Industries (RIL) in the D6 block in the Krishna-Godavari basin and NEC-25 gas block ...

Govt meeting bankers to discuss share sale in ONGC

The govt on Saturday lifted diesel price controls and raised the cost of natural gas


Snowman Logistics soars over 15% on heavy volumes

Till 1505 hours, a combined 9.34 million shares representing nearly 10% of free-float of equity of Snowman Logistics changed hands on NSE and ...

V-Mart Retail gains on expansion in tier-2 &3 cities

V-Mart Retail has gained around 7% on BSE aided by aggressive expansion in tier-2 and 3 cities

Today's picks- 21 October 2014

Nifty, Bank Nifty, BHEL, GAIL & Hindustan Unilever


Opinion Rss icon

Andrew Ross Sorkin

Andrew Ross Sorkin: The truth hidden by IBM's buybacks
Andrew Ross Sorkin

The company's success in recent years has been tied more to financial engineering than actual performance

Vanita Kohli-Khandekar

Vanita Kohli-Khandekar: The Tamilian view of independent news
Vanita Kohli-Khandekar

The launch of News7Tamil gives hope to the thousands of professional journalists and editors who do not want news media to be regulated by the ...

Katie Benner

Katie Benner: Will Yahoo's board save Marissa Mayer?
Katie Benner

If you want to know when Mayer will be forced to bow to the activists, watch the board - because she works for them. They'll decide whether ...

Brand World Rss icon

India formula behind Hyundai's new high

As other global car makers struggle in India to keep sales consistent, the Korean player has made a heady combination out of design, launches ...

Power brands light the way for Jyothy Labs

Having failed to excite consumers with too many brands, the maker of Ujala and Henko is now focusing on six of them

Pulsar fuels up to face a premium-bikes crowd

Launches promise a shake-up in Bajaj's stronghold - the 150-250-cc segment

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Financial X-Ray Rss icon

Wipro's dollar revenue growth disappoints

Ebit margins decline 80 basis points sequentially to 22%; company expects 2nd half to be better

Strong volume growth boosts UPL's revenue

Forex losses result in higher finance costs and lower other income, hitting net profit

JSW Steel: Q2 show suggests worst is over

Net sales rise 7% amidst weak demand, operating profit up

Improving CV cycle, lower diesel prices to benefit STFC

Disbursements pick up but asset quality on analysts' radar