MARKETS »

Markets end lower on May F&O expiry; Sensex sheds 58 points


Financials and pharma shares dragged the markets lower; IT stocks provided support at lower levels.

COMPANIES »

After seven quarters, SpiceJet posts profit of Rs 22.5 cr in Q4


The return to profit came after the carrier benefited from a series of one-off gains including renegotiating contracts and an insurance claim

ECONOMY AND POLICY »

Government looking to award projects worth Rs 3.5 lakh cr in next 6 months: Gadkari


Creation of 25 lakh jobs in the shipping, road, transport and highways sector is also planned, he said

Narendra Modi

ONE YEAR OF MODI GOVT »

People's expectations high, more to be done, says Modi


Govt does not have majority needed in LS to roll out core agenda: Shah

AROUND THE GLOBE »

Two FIFA vice presidents, 12 others charged in US probe


The offences include racketeering, wire fraud and money laundering conspiracy

FINANCE »

Rupee snaps 3-day losing streak; closes 21 paise up


The currency firmed up to 63.80

CURRENT AFFAIRS »

India tops world hunger list with 194 mn people: UN


The number of hungry people in China came down to 133.8 million in 2014-15 from 289 million in 1990-92

BS Poll

Has the Modi govt been able to rein in prices during the first year of its rule?

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Derivatives

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Columnists

One year of Modi - Off
the beaten track?

Abheek Barua

Three ways in which the NDA govt's economic policy differs from its predecessor's

Can robots save "Make in
India"?

Rahul Jacob

Developing countries unable to create large number of factory jobs also the hardest hit by climate change

Arvind Subramanian

A common Indian
agricultural market?

D S Kolamkar & Arvind Subramanian

The authors explain characteristics of agricultural markets in India and look at possibilities of setting up a national market for commodities

For a 'brave new world'
Devangshu Datta

The outcomes of a recent experiment with a technique to edit human DNA could go a long way beyond fixing genetic disorders

BLOGS


India keeps high stakes game in Sri Lanka at arm's length

The lack of dates for Parliamentary elections has meant that governance taken a back seat

For BJP, it's time to bite the bullet

The BJP faces uphill battles as Modi's charm starts to wear off, particularly in states where it is already weak

EDITORIAL COMMENT

India lacks a defence strategy

Defence Minister Parrikar hamstrung by anachronistic framework

Why can't Modi make a case for reform?

For fear of being "anti-poor", PM unwilling to discuss NDA govt's economic reforms

Financial X-ray

Hindalco Q4 PAT hit by one-time provision

Aluminium margins contract sharply; sales, operating income growth driven by higher volumes

Coal India: Improved profitability, a positive surprise

Better cost controls, benefits from e-auction volumes help post better operating performance

BOOK REVIEWS

The downside of easy money

The first signs of the sub-prime crisis surfaced in the United States towards the end of 2007. By the middle of 2008, the crisis had morphed ...

Tarun Das' capitalism

Das was privy to what went on behind closed doors when industry met government, yet he chooses to disclose little

Antony Currie

No Sergio Mergionne
Antony Currie


Fiat boss fights for car M&A with hand behind back

Robert Cole

Robert Cole: Red cards
Robert Cole


US well placed to blow whistle on soccer excess

CompaniesRss icon

Infy shelves plans to develop second campus in Kerala

Ramadas Kamath, Executive VP at Infosys, says company abandoning the project due to lack of infrastructure

TCS rated best company in India: Dun & Bradstreet

The list of top 500 firms places Reliance Industries and ITC at the second and the third spots, respectively

Board, shareholders cleared USL accounts: Mallya

The company's accounts for the years 2010 to 2014 were investigated by Diageo after it took over the company in 2014


Board, shareholders cleared USL accounts: Mallya

The company's accounts for the years 2010 to 2014 were investigated by Diageo after it took over the company in 2014

Protesting workers of Asian Paints detained by police in Chennai

The workers have been protesting since April 28 over a host of issues

Eight new additions in MSCI India Index from today

Lupin, Bharti Infratel, Eicher Motors and Bharat Forge among new entrants; index currently has 64 stocks


SBI launches loan resolution scheme

But use the extension of tenure option carefully, as it can be done only once

Eight new additions in MSCI India Index from today

Lupin, Bharti Infratel, Eicher Motors and Bharat Forge among new entrants; index currently has 64 stocks

FIPB defers Kotak Bank's proposal to hike FDI limit

The FIPB, however, cleared the proposals of Den Networks, Biocon and Torrent Pharma


Telcos oppose TRAI proposal on mobile data connection

The Authority came out with a proposal to protect consumers from default activation of mobile internet services that often leads to 'bill

Tanzania to buy back Bharti Airtel's stake in state telecom

To pay 14.6 billion shillings ($7.07 million) to buy back 35% stake

Nokia withdraws plea to sell Chennai unit as buyer backs out

The unit was frozen over a Rs-10,000 crore claim raised by the Income Tax department


Infy shelves plans to develop second campus in Kerala

Ramadas Kamath, Executive VP at Infosys, says company abandoning the project due to lack of infrastructure

TCS rated best company in India: Dun & Bradstreet

The list of top 500 firms places Reliance Industries and ITC at the second and the third spots, respectively

Eight new additions in MSCI India Index from today

Lupin, Bharti Infratel, Eicher Motors and Bharat Forge among new entrants; index currently has 64 stocks


Eight new additions in MSCI India Index from today

Lupin, Bharti Infratel, Eicher Motors and Bharat Forge among new entrants; index currently has 64 stocks

Aurobindo Pharma Q4 net falls 20% to Rs 404 cr

Recommends 1:1 bonus issue

Wockhardt Q4 net plunges 54% to Rs 34 cr

Company's US business, which contributed 27% of the company's global revenues in the fourth quarter, declined 21%


Eight new additions in MSCI India Index from today

Lupin, Bharti Infratel, Eicher Motors and Bharat Forge among new entrants; index currently has 64 stocks

M&M to launch nine vehicles this year

The launches, including refreshes and all-new models, will be in both the personal and commercial segments

Escorts Q4 net profit dips 60% to Rs 13 crore

Net sales of the company declined to Rs 811.22 crore during the fourth quarter


After seven quarters, SpiceJet posts profit of Rs 22.5 cr in Q4

The return to profit came after the carrier benefited from a series of one-off gains and insurance claim

Jet Airways launches four-day discount offer

The company is offering a million tickets at 25% discount, valid for travel between June 15-October 15

Hotel Leela net profit at Rs 44 crore in fourth quarter

Net sales of the company grew by 3% to Rs 228 crore


Eight new additions in MSCI India Index from today

Lupin, Bharti Infratel, Eicher Motors and Bharat Forge among new entrants; index currently has 64 stocks

Crompton Greaves posts Rs 199 cr loss, receives offers for its overseas business

Company says focus is on profitable domestic business

DFCC signs Rs 5,080 crore contract with GMR consortium

Project involves Project involves construction of 402 km double track line between Mughalsarai-New Bhaupur section of Eastern Dedicated Freight ...


Eight new additions in MSCI India Index from today

Lupin, Bharti Infratel, Eicher Motors and Bharat Forge among new entrants; index currently has 64 stocks

BASF opens R&D centre for agrochemicals in Pune

The Rs 64 cr centre will focus on global agriculture research on herbicides, fungicides and insecticides

Arvind to open first Gap store on May 30

Store will be based in Select City Walk mall in Delhi


BPCL, HPCL: Strong prospects

While March quarter numbers are better than estimates, potential gains from higher marketing margins and exploratory upsides to act as key ...

ONGC: Q4 hit by higher costs

Net profit fell 19.5%; higher costs, tax outgo and dry well write-offs take gains way below expectations

Eight new additions in MSCI India Index from today

Lupin, Bharti Infratel, Eicher Motors and Bharat Forge among new entrants; index currently has 64 stocks


Eight new additions in MSCI India Index from today

Lupin, Bharti Infratel, Eicher Motors and Bharat Forge among new entrants; index currently has 64 stocks

Tree House Education posts over two fold rise in profit at Rs 17 crore

Net profit for January-March quarter of 2014 was at Rs 8.04 crore

Adani Enterprises dips on profit booking

The stock gained 17% in the month of May against a 2% rise in the CNX Nifty.


Beyond Business Rss icon

Diya Sethi: Addicted to life

Diya Sethi's brutally honest account of her battle against addiction shows that, contrary to common belief, long-lasting recovery is possible

Pack your bags and take off

Sarahan, 200 km from Shimla, is the perfect getaway

Commodities

Commodity
Price(Rs)
Change
(%)

26867.00
-10
-0.04

3670.00
-43
-1.16

38303.00
-51
-0.13

392.45
-1.4
-0.36

174.30
-9.4
-5.12

FEATURES

In Depth Rss icon

What's behind Delhi's air pollution?

The government says emission from old diesel vehicles is not to be blamed. Experts say government is selectively using data to make its case

Power

Power reforms gain ground in states

With 40,000 Mw of stalled projects likely to start production soon, states are bailing out discoms and revamping supply network

Start-ups

Sean Blagsvedt

Fighting poverty by helping find jobs

Bengaluru-based babajob.com is trying to help unorganised blue-collar workers get better employment

Brand World Rss icon

From Bharat to India

A farmers' co-operative wants to become a global brand. Can IFFCO make the change?

Daimler

Highway riders

Daimler is taking on its European peers by manufacturing premium trucks in India for the local and global market