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Closure of Nokia is unfortunate: Pon Radhakrishnan

Union Minister of State says Govt will take steps to ensure such closures do not happen in future

A timeline of Nokia's tax problems in India

Mobile telecom handset maker Nokia's Chennai plant will suspend manufacturing activities from today.

BigBasket.com opens central warehouse in Hyderabad

The online grocery retailer currently receives more than 5,000 orders per day

Black Friday for workers as Nokia shuts Chennai factory

Workers fret over future, over 30,000 people affected

Features Rss icon

Realisation gains for ACC, Ambuja

While Ebitda margins improved in September quarter, led by higher prices, concerns on volume growth continue

Leela weighs options to ease debt load

Hotel Leelaventure wants to sell some assets, including its signature property in Delhi, but the plan has been hit by the slowdown in the sector

India Inc sees order flow pick up pace in September quarter

The capital goods sector accounted for the highest 83%, or Rs 23,448 crore, of the total order inflow

India Inc sells assets abroad to cut debt

Bankers say it's a question of survival for debt-heavy companies

CompaniesRss icon

Titan Company dips post Q2 results

The stock dipped 5% to Rs 398 on BSE.

Jubilant Foodworks declines on lower profit in Q2

Jubilant Foodworks that runs food chains, including Domino's Pizza and Dunkin' Donuts in India has declined around 1.6% on BSE at Rs 1,285.05 ...

Thermax gains on winning Rs 321 crore worth order

Thermax surged 4% after securing Rs 321 crore worth order to build and commission a captive power plant in Africa


ICICI Bank registers 15% growth in net profit

However, the one big concern seen in the second quarter results was the increase in bad loans and provisions

YES Bank net profit up by 30%

Higher net interest income and lower provisioning in the period under review helped the rise

Indian Overseas Bank reports loss of Rs 245 cr

Provisions zoomed 44% to Rs 892.4 cr and asset quality worsened with the gross NPA ratio going up to 7.35% in the Jul-Sept period


OnMobile Global gains on improved cash position

OnMobile Global has gained around 9% at Rs 35.70 in early trade on BSE mainly on account of improved cash and cash equivalent position in the ...

Bharti Airtel net up 170%, highest since March 2011

Lifted by 74% increase in mobile data revenue in India; tops estimates

Airtel Q2 net shoots up nearly three-fold to Rs 1,383 cr

Company's total revenue rose 7.1% to Rs 22,845 crore for the reported quarter


IT shares in demand

Infosys, TCS , Persistent Sys, HCL Tech, Oracle Finance, Tech Mahindra, Midtree, Wipro have gained between 1-3%

In their second innings, Infy co-founders to incubate new ideas

Healthcare and sustainability to be prime focus as Gopalakrishnan and Shibulal launch incubator

Today's picks- 30 October 2014

Nifty, Bank Nifty, Reliance Industries, IDFC & HCL Tech


Cipla asks govt to revoke Novartis' patent; launches its drug

Company has launched the product under the brand name Unibrez, priced at Rs 130 per strip of 10 tablets in Delhi

Neuland Labs Q2 net up 50%

Total revenue of the pharmaceuticals maker rose 18% to Rs 120 crore

Ajanta Pharma Q2 net up 41% at Rs 78.63 cr

Company had posted a net profit of Rs 55.81 crore for the corresponding period of the previous fiscal


Maruti Suzuki Q2 net up 29% at Rs 862 cr

Board recommends increasing FII limit to 40%; dividend pay out ratio in range of 18-30%

Bosch looks to double sales in Asia-Pacific by 2020

Pegs strong growth for itself in India as the economy is headed for a 6% growth in 2015

Volumes boost Maruti's Q2 show

Company expects for a conservative 10% volume growth in FY15 on high base


Bharti Infratel in race to buy Idea, Voda towers for Rs 5,000 cr

The company is also scouting for telecom tower acquisition opportunities in Sri Lanka and Bangladesh with its Rs 7,646-crore cash kitty

Godrej Properties, Brigade, Mahindra Lifespace to gain from FDI in construction

Analysts perceive this development to be a positive for developers with existing joint development / investment arrangements with foreign ...

No immediate relief for DLF on MF redemptions

SAT to decide on redemption request on Nov 5; after realtor specifies purpose


Leela weighs options to ease debt load

Hotel Leelaventure wants to sell some assets, including its signature property in Delhi, but the plan has been hit by the slowdown in the sector

Mahindra Holidays & Resorts appoints Kavinder Singh as MD and CEO

Company reports 21 % growth in profit

Thomas Cook India Q3 net profit at Rs 22.18 crore

Total consolidated revenue of the company was at Rs 612.47 crore during the quarter under review


Thermax gains on winning Rs 321 crore worth order

Thermax surged 4% after securing Rs 321 crore worth order to build and commission a captive power plant in Africa

India Inc sees order flow pick up pace in September quarter

The capital goods sector accounted for the highest 83%, or Rs 23,448 crore, of the total order inflow

Today's picks- 29 October 2014

Nifty, Bank Nifty, NTPC, DLF & BHEL


Castrol sees benefit of falling crude from next year

The continued momentum in the personal mobility segment drove sales of the company to an 11% increase at Rs 799 cr during July-Sept 2014 quarter

Realisation gains for ACC, Ambuja

While Ebitda margins improved in September quarter, led by higher prices, concerns on volume growth continue

ACC Ltd clocks 62% rise in net profit in July-Sept quarter

Company had reported Rs 118.90 crore net profit in the same quarter last year


Blessing in disguise for Coal India?

The government has finally paved the way for ending the state monopoly, by allowing commercial mining in the private sector

Sesa Sterlite stock falls 3% on weak Q2 performance

Slow commissioning of projects with low return potential has been affecting the company's performance, say analysts

Sesa Sterlite's profit down 32% to Rs 1,658 crore

Total income stood at Rs 19,549 crore versus Rs 25,356 crore annually


Piramal Glass, others shut units after GAIL cuts gas supplies

The company on Sept 27 cut supplies to 30 industries in South Gujarat but did not touch small users in other states

Just Dial gains post clarifications on fund raising plan

Since October 20, the stock had tanked nearly 20% from Rs 1,694 to Rs 1,359 on Tuesday,

Adani hires consulting firm for $6.2 bn Australia coal project

Consulting firm Parsons Brinckerhoff to provide contract reviews as firm looks to start production by end of 2017


Opinion Rss icon

Indrajit Gupta

Indrajit Gupta: Are employee-run spinoffs here to stay?
Indrajit Gupta

Keep your eyes peeled on spinouts, that is, entrepreneurial ventures founded by ex-employees of incumbent firms within the same industry

Vanita Kohli-Khandekar

Vanita Kohli-Khandekar: The venom online
Vanita Kohli-Khandekar

Facebook, Twitter, WhatsApp and others have done us a world of good but they also unleash the worst of human nature. Can the law offer a middle ...

D G Shah

D G Shah: Why drug pricing policies can be injurious to health
D G Shah

Stakeholders have failed to collaborate with the pharma industry to ensure universal access and minimum price controls. Instead, they are ...

Brand World Rss icon

40 years ago...and now: Calcutta shaped ad mentoring

City of Joy brought good tidings for a large swathe of brands in the 1970-80s and groomed strong talent

Harley-Davidson's new trio for India

British motorcycle brand, Triumph, is the only price competitor

Duracell's power to last a bit longer

Though P&G is to divest the battery brand, it remains a leader in premium batteries

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Bharti Airtel: Muted growth in India, Africa

Minutes on network and revenue per minute decline sequentially in Q2

Volumes boost Maruti's Q2 show

Company expects for a conservative 10% volume growth in FY15 on high base

Tech Mahindra in big league with 5.2% dollar sales growth in Q2

Deal wins and improved client mining drive revenues, margins expand on improved utilisation

Dr Reddy's: Price erosion in US, rouble devaluation impact sales growth

H2 expected to be better on back of launches, limited competition