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| August 25, 2014 | | Intex launches world's cheapest smartphone
Domestic handset maker Intex has launched India's first Firefox OS based handset for Rs 1,999, targetted at capturing a larger chunk of the booming affordable smartphone market in India.
BSE: Top gainers and losers
The 30-share Sensex ended at a record closing high up 17 points at 26,437 after hitting a fresh record high of 26,631 and the 50-share Nifty ended down seven points at 7,906 after hitting a fresh record high of 7,968.
The RICHEST countries in the world
India loses due to population despite being the 10th largest economy.
India once had one of the highest income tax rates in the world
Forty years ago, an individual in the highest tax bracket (above Rs 70,000 per annum) had to pay 70 per cent income tax.
Planning Commission: No successor in sight
Economists divided, with no clear answer to what could take over its multiple functions more effectively.
Oppo's N1 Mini is attractive but pricey
Though the screen resolution has been whittled down from the N1, the display is still well balanced and sharp with good viewing angles.
TCS, RIL, L&T among fastest growing Indian companies
These companies are growing at a fast pace.
Mumbai's richest, famous Ganpati mandals secure bumper insurance
For these insurance policies, the premium can range between a few thousand and several lakhs depending on the size of the coverage.
Will the new Fiat Punto Evo strike the right chord?
It's 2014 now, and Fiat dares to dream again -- it is on the cusp of launching the facelifted version of the Punto.
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| August 19, 2014 | | BSE: Top gainers and losers
The 30-share Sensex ended up 30 points at 26,421 after hitting a record intra-day high of 26,531 and the 50-share Nifty ended 23 points higher at 7,898.
Construction work on DLF's biggest mall stalled
DLF's upcoming project Mall of India in Noida, projected to be one of the largest in the country, has been served a notice to stop all construction activities till a clearance from the National Board for Wildlife is obtained.
Tata Zest is a better car than Maruti Dzire
It has better styling, more appealing interiors, higher equipment, much more interior room, class leading ride quality and better drivability.
Planning Commission: From glorious days to an untimely end
The curtains have come down on the organisation that, for 64 years, was responsible for the country's planned development.
BEST investment advice from 15 legendary investors
They researched their companies well, didn't believe in the market chatter and advise to stay invested for long term.
To retain talent, IT firms start rewarding best techies
Big shift in the sector towards recognising role of specialists, in tangible ways not seen before.
Should you pay to withdraw your own money?
These include all kinds of ATM transactions. In short, you will be allowed eight free transactions, after which there would be a levy, which should suffice for most people.
Vistara offers a ray of hope to full-service carriers
Full-service airlines may have been making huge losses in India, but Tata Sons and Jet Airways are raring to give the model a second chance.
Test drive: A ride in Google's amazing driverless car!
Self-driving cars could appear on roads by the end of this decade.
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| August 18, 2014 | | BSE: Top gainers and losers
The 30-share Sensex closed at a record high of 26,391 and the Nifty gained 83 points to close at a high of 7,874.
10 awesome mini-SUVs that should come to India
The country has an insatiable hunger for such crossovers.
Cheapest Merc to cost about Rs 27 lakh in India now!
The quantum of price increase would be up to 2.5 per cent depending upon the model range, effective from September 1, Mercedes-Benz India said in a statement.
Made in India! 6 mantras to build successful brands
Successful commercial brands with a strong reputation support a positive nation brand.
How India has changed since independence
In its 67 years of independence, India has changed considerably.
Why gold is likely to retain glitter
In the Indian markets, along with the international gold prices, the rupee rate and government taxes also play an important role in determining gold prices.
Bhamashah: A scheme to trump Aadhaar in Rajasthan
If the Unique Identification Authority of India (UIDAI) plans to give Aadhaar numbers to all Indian residents, the Rajasthan government promises to go a step further with a card for all female heads of households, to empower them financially.
Construction delayed? Builder must return money on demand
Builders will have to suffer the consequences of illegally holding on to a consumer's money and refusing to refund it.
Auditors cast doubts on SpiceJet's survival
Jet Airways faces similar setback.
Behind the scenes: How Sebi will catch market manipulators
It analyses 50-100 alerts a day.
Diageo's Indian-origin CEO gets pay cut; no hike this year too
He led the takeover of Vijay Mallya's United Spirits.
'Sultan of Brunei bids for Sahara's luxury hotels'
The Sultan of Brunei has made a bid for New York's Plaza Hotel, Dream Hotel and London's Grosvenor House Hotel, the Wall Street Journal's website edition reported on Saturday, citing people familiar with the situation.
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| August 13, 2014 | | India slips 10 places in Global Innovation Index
GII measures national innovation performance based on a set of variables to both innovation input and output.
I-Day bonanza: Petrol to be cheaper by Rs 2!
Earlier, the minister faced ire of Opposition members in Rajya Sabha as they accused him of not giving specific replies to questions on Aadhaar-based direct subsidy transfer to domestic cooking gas consumers.
Why some fans are disillusioned with Modi already
To some of the economists and business leaders who as his campaign cheerleaders dared to dream of a Thatcherite revolution, he seems not to be listening.
Microsoft launches 'most affordable' Lumia smartphone
Microsoft Devices on Wednesday announced the launch of "most affordable" Lumia 530 dual SIM smartphone for Rs 7,349 in India.
5 Indians have half of India's billionaire wealth
Ambani is followed by steel tycoon Lakshmi Mittal, drugmaker Sun Pharma's Dilip Shanghvi, IT giant Wipro's Azim Premji and Tata Sons' shareholder Pallonji Shapoorji Mistry among the top-five wealthiest individuals from India.
Mobile banking zooms as India gets smarter
Transactions see 4-fold jump in a year; ICICI Bank tops Rs 1,000 crore (Rs 10 billion) in one month.
Can Tata Zest beat its rivals Maruti Dzire, Honda Amaze?
The car, the cheapest in its category, will compete against the Maruti Suzuki Dzire, the Honda Amaze, the Hyundai Xcent and the Tata Motors Indigo CS.
Why Jet Airways is facing a classic Catch-22
Will Jet Airways benefit by shutting its low-cost carrier in a highly price-conscious market?
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| August 12, 2014 | | Trump plans super-luxury skyscraper in 'inexpensive' Mumbai
"One of the reasons I like Mumbai is because I find your prices unbelievably low," says Donald Trump.
Tata Motors launches stylish sedan Zest at Rs 4.64 lakh
Tata Motors on Tuesday has launched the stylish sedan Zest at a starting price of Rs. 4.64 lakh.
SpiceJet flies into turbulence, tough days ahead
Over the past month, SpiceJet has been hit by a spate of bad news. As the airline's losses mount and troubles pile up, analysts worry about its prospects.
'Naked PCs' lay bare Microsoft's emerging markets problem
According to StatCounter, a website that tracks what software is loaded on Internet-connected computers, more than 90 per cent of PCs in China -- now the world's biggest market -- are running pre-8 versions of Windows.
Leading tea brands in India have toxic pesticides: Greenpeace
Greenpeace says samples of leading brands tested contain unacceptable levels of dangerous chemicals.
Strange cyber world where no authority can dictate terms
Running beneath the World Wide Web of Facebook, Google and YouTube, the Deep Web is like a vast, dark ocean.
OMG, Micromax has arrived!
The home-grown company has recently become the largest mobile phone seller in India. Vipul Vivek explains why Micromax devices have caught the fancy of users.
Countries with the WORST drivers in the world
India ranks 76.
Infosys has new app, but can he deliver the numbers?
Vishal Sikka, the IT services firm's high-profile 'servant-leader', wants to go fast forward by pressing the innovation key. Will it click?
Rakesh Jhunjhunwala made $1 mn a day in one year
Rakesh Jhunjhunwala became a billionaire in the last bull-run which ended in 2008.
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| August 11, 2014 | | BSE: Top gainers and losers
The 30-share Sensex ended up 190 points at 25,519 and the 50-share Nifty climbed 57 points to end at 7,626.
Tata Sons-Singapore Airlines JV 'Vistara' set for Oct launch
Teh word means expanse.
20 most admired companies in the world
World's most reputed companies have to excel in talent management, financial soundness and work ethics/
Hyundai launches Elite i20; price starts at Rs 4.9 lakh
The car made its debut in India.
Fiat Punto Evo is more spacious than VW Polo, Maruti Swift
Except for Hyundai i20 Elite, the car gives a tough competition to rivals.
PPF still the best among tax-exempt instruments
PPF still stands out as one of the best among the instruments giving exempt-exempt-exempt (EEE) benefits, which makes it one of the most popular investment products say financial planners.
Companies that rules the hearts of Indians
Groups such as Tata, Godrej, HCL, and L&T lead the way
A napkin sketch, $2-bn investment and the grand Amazon plans
Flipkart co-founders Sachin Bansal and Binny Bansal had worked at Amazon before launching their start-up in 2007.
From Tihar, Roy tries to sell the New York Plaza
Indian tycoon Subrata Roy is putting up the two trophy properties and another luxury New York hotel for sale to raise $1.6 billion for the bail bond that will get him out of Tihar, a sprawling New Delhi prison complex that houses about 12,000 inmates.
High-profile business wars: Inside story of Bajaj family feud
Kushagra publicly crossed swords with his uncle, Rahul Bajaj calling him a 'raja' (king) who does not have the time to meet his 'prajas' (subjects).
Want to save more? Smart tips to make you richer
Look at savings as a percentage of income rather than a fixed amount. Both should rise in the same proportion.
Life in turmoil for 1,500 Kingfisher Airlines employees
The defunct Kingfisher Airlines still maintains a big employee roster.
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| August 08, 2014 | | As Samsung tackles others, Micromax gains
Even three months back, it was trailing Samsung and Nokia in market share in overall handsets.
5 things you need to know about Hyundai Elite i20
It has refreshing new design and feature rich interior.
Goli Vada Pav: From a modest beginning to 300 outlets
Goli Vada Pav has close to 300 stores in more than 60 cities across 16 states.
Cars celebrities are crazy about
Audi Q7 SUV and Range Rovers are the sought after
It's dangerous to invest all savings to buy a house
Housing is a highly illiquid and, by definition, high-risk market, and individuals, in general, do not have the skills to manage this risk.
Modi sticks to failed recipe in India's food-inflation fight
Prime Minister Narendra Modi's election triumph in May had raised hopes of quick action to tackle India's recurring food price shocks.
Good food, new menu in Rajdhani, Shatabdi trains soon
Plagued by complaints over the quality of food being served on trains, railways has decided to change the menu in its premier trains and is also set to introduce third-party audit of the catering service.
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| August 07, 2014 | | Even Bangladesh has moved ahead, Modi must act now
Consider the credentials of our pro-farmer governments: almost half our rural households lack electricity connections, says Rahul Jacob.
Lessons for badly-planned, congested Asian cities
Most of the ill-planned Asian cities need a more creative plan aimed at weaning people away from using personal cars for commuting.
Audi launches A3 sedan@ Rs 22.95 lakh
The company is betting big on the new model to stretch its leadership in the Indian market and is targeting a new segment of the compact luxury sedan besides tapping repeat buyers.
FM to go on marketing drive to sell 'Brand India' abroad
With stake sales to begin in some PSUs & banks, Jaitley and team to trot the globe to get more foreign investors.
E-commerce start-ups face battle with Tatas, Reliance in fray
While Flipkart and Amazon go on a fund-raising spree, the real battle will begin once big industrial houses such as the Tatas, Reliance and the Aditya Birla group join the race.
These millionaires' jobs will make you JEALOUS
All they used was their creativity, sill and intelligence.
Modi govt in Gujarat favoured Adani for Mundra port: Congress
The leader of the opposition in the Gujarat Assembly Shankarsinh Vaghela on Wednesday alleged that Gujarat government, when Narendra Modi was chief minister here, had favoured billionaire Gautam Adani promoted Adani Group to set up private port at Mundra.
Foreign exchange reserves will not buy us immunity: Rajan
A day after the Reserve Bank of India's monetary policy review, the RBI Governor talked to journalists on related issues.
Top 10 countries with most multi-millionaires, India ranks 8
India is home to the eighth largest group of super rich people in the world, as there are
Infosys needs to spell out its strategy: Analysts
The suggested buyback price of Rs 3,850, which also is the stock's 52-week high, is at 6.7 per cent premium to the Wednesday's intra-day high price.
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| August 06, 2014 | | ITC replaces TCS as India's most admired company
Second-ranked L&T has been rated highest on leadership
Key questions you must ask your agent before buying a policy
If it is about saving tax and you don't have a policy already, there is a case for buying.
No reliable data available on online media
Online media is changing the status quo within the Rs 83,000-crore media and entertainment industry, and becoming critical for growth.
10 stunning SUVs and crossovers coming SOON to India
Maruti to launch SX4 S-Cross while Hyundai will drive in ix25.
Vasundhara Raje's 'Rajasthan Model' set to be a success
Vasundhara Raje is pioneering the 'Rajasthan Model', which places policy reform at the centre of the development strategy.
RBI shifts inflation goalpost to Jan 2016
Upside risks to inflation persist from higher growth and expansive govt spending.
Let's fight the anti-inflation battle once and win: Rajan
While achieving an eight per cent retail inflation rate by January 2015 is well within reach, Reserve Bank of India Governor Raghuram Rajan notes there is a second target, of six per cent by 2016.
Infosys founders bet big on start-ups
S D Shibulal, former chief executive and managing director of Infosys, has joined the ranks of the company's other founders in nurturing start-ups.
Railways' e-commerce initiative hits a roadblock
IRCTC and Yebhi's partnership was based on a revenue sharing model where Yebhi held inventory for IRCTC and shared about 2-10 per cent of the revenue.
Subrata Roy starts asset sale talks from Tihar Jail
Roy met 3 potential buyers for an hour amid tight security.
Quiz: Can you identify cars that your neighbours drive?
Here are headlights and grills of 15 cars that you see on road regularly. Can you identify them?
Modi govt lacks courage to bring real change
The government has neither the mental model nor the political courage to effect real change, point out Ashoka Mody & Michael Walton.
Infy ex-CFOs demand Rs 11,200-crore share buyback
Balakrishnan, Pai write to board, seek correction in 'dramatic valuation disconnect' between shares of Infosys and its peers.
From boom to doom: Dotcoms that went bust
In India, there are several examples of earnings never catching up with the valuations of the eye-popping boom era deals.
Stocks that could be the next big hit
Incremental FII flows will now target quality mid-cap companies, with good earnings visibility.
Battle heats up for a share of the defence pie
With access to foreign investment becoming easier, a host of Indian companies vie for a share of the $100-billion budget for equipment.
Automakers gear up for ethanol-blended petrol
To curb petrol import costs, the NDA government is pushing for a 10% ethanol mix in petrol
5 takeaways from RBI's policy review
There are however, enough dovish signals in the governor's statement to indicate a pro-growth policy going forward.
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| August 05, 2014 | | BSE: Top gainers and losers
The 30-share Sensex surged 185 points to end at 25,908 and the 50-share Nifty ended up 63 points at 7,747.
ONGC Videsh most internationalised Indian company
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), has emerged as the Indian company having the most international exposure for the second consecutive year, says a survey.
Xiaomi dethrones Samsung to become top smartphone seller
The company is already setting up shop elsewhere in Asia in Malaysia, Singapore and the Philippines.
How many smartphone companies can survive in India? Maximum 6!
Sculley, who has also served as the President of PepsiCo, said his own firm Obi Mobiles will leverage expertise in marketing and sales to ensure its place in the top six.
Fiat launches compact car Punto Evo @ Rs 4.55 lakh
Fiat Group Automobiles India President and Managing Director Nagesh Basavanhalli said the company will continue to expand its presence in the Indian market.
4 Indians in Fortune's list of extraordinary tech czars
Four Indians are among Fortune magazine's list of 20 "extraordinary" technology czars and young entrepreneurs analysing data and processing big numbers to discover information that will "transform the way businesses operate."
RBI pegs India's growth at 5.5% this fiscal
Sentiments on domestic economic activity appear to be reviving, RBI said, adding that there are early signs of modest strengthening of corporate sales and business flows.
Flipkart CEO wanted to be a gamer, Snapdeal chief a food critic
Five founders of e-commerce start-ups, four of them Bansals, say they had alternative ambitions chalked out.
Lessons from China to boost India's telecom sector
The bulk of this money will, however, be spent on buying imported equipment, mainly from Europe and China.
RBI will not hold rates high, to cut SLR further: Rajan
The Centre's fiscal consolidation resolve led to the cut in banks' mandatory SLR for the second time in a row, RBI Governor Raghuram Rajan said on Tuesday, hinting at more such liquidity enhancing steps in tandem with the government's action on fiscal deficit.
RBI keeps rates unchanged as inflation remains a concern
The Reserve Bank of India on Tuesday kept key rates unchanged.
Start-ups that boast of astonishing valuations; Flipkart ranks 7
20 start-ups that beat decades old companies in valuations.
Honda Mobilio bookings cross 10,000 in one week
The company said if the bookings kept pouring, it would have to plan a second work shift at its Noida plant to meet the demand.
Micromax topples Samsung as India's top handset maker
Samsung retains top slot in smartphones but Motorola pips Nokia for 4th position.
India's big mobile broadband revolution
A great smartphone experience is driven by network performance and the app experience.
It's time to invest in stocks, not to withdraw
High-frequency macroeconomic data suggests that worst is behind us and the economic cycle is turning.
Modi's $1-bn loan to help Indian infra cos in Nepal
GMR, Tata, Jindal will set up hydro projects in Nepal, sell power to India.
Air India to shut all city offices
64 domestic offices under hammer even as review is on to shut another 46 globally
Poll: RBI seen keeping policy rate steady until Q1 2015
Nearly all the 43 economists surveyed over the past week expect the RBI to leave its key repo rate on hold at 8 per cent.
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| August 04, 2014 | | Modi's financial inclusion plan: Rs 75,000-crore loan?
India needs to find Rs 75,000 crore of new money from somewhere to lend to those among the poorest.
The new Mercedes-Benz AMG is a cracker on the road
The Mercedes-Benz CLA 45 AMG is easily the most attractive four-door coupe of its generation. It drives hard, but can leave you reaching for the painkiller
Modi's lack of interest to push reforms not puzzling
Modi's government has proceeded in a manner exactly predictable from his claims and promises on the campaign trail.
Decoding Flipkart: The real picture on investors, earnings
Sachin and Binny Bansal are the faces of the e-commerce sensation but other investors dominate the board.
Paranoid about passwords' privacy? Use Dashlane
It is a useful app that helps in keeping passwords safe.
Hyundai Elite i20: All you wanted to know about the new car
The automaker will have the global debut in India.
What's wrong with India's economic census?
The economic census excludes all farming and plantation work, as well as workers in administration and defence services.
Property mart: Budget brought cheer but difficult times to stay
Within five days of the budget, the RBI brought in housing loans below Rs 50 lakh under priority sector lending.
Sikka looks to tap Infy co-founders' expertise
Reaches out to Kris Gopalakrishnan to mentor the company's science and technology initiatives.
A 'servant leader' who promises to turn around Infosys
Vishal Sikka's may be a formidable name in the global technology segment, but he isn't your average geek who has time only for technology labs and technical journals.
Honda Mobilio vs Toyota Innova: Which is a better buy?
Is Honda Mobilio better than Toyota Innova? Find out...
India's poor may shrink 75% by new World Bank formula
Purchasing power parity revision set to alter poverty estimation; fall won't be so steep once the global poverty line is revised too.
Modi's economic strategy fails to address India's problems
Narendra Modi's strategy in Gujarat was to run the state as a business entity.
Delhi is top destination for online shopping
Online shopping is growing exponentially in India.
IN PICTURES: How the growing population is changing India
Stabilisation will come only after 2050-2070.
Challenges aplenty for Sikka at Infosys: Analysts
The new CEO will have to move very quickly to first calm the three key stakeholders, employees, customers and the investors: Gartner
Air India board clears union rationalisation drive
Board has cleared a proposal to rationalise the number of unions in the airline late last month
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| August 01, 2014 | | Gen Y employees: A boon or bane for companies?
Younger employees no longer ask what they can do for their employers, but what their employers can do for them.
Banks offer cheaper home and car loans to women borrowers
But in the case of a few banks, special savings accounts for women require a higher minimum balance.
Market slide a cause of concern, says Mistry
Cyrus Mistry in his second appearance as chairman of Tata Motors tried to reassure shareholders that steps were being taken to regain market share in both cars and trucks.
9 reasons why India's WTO veto shocked the world
India's tough diplomacy blocked a landmark world trade treaty late on Thursday, despite last-ditch talks to rescue what would have been the first global trade reform since the creation of the World Trade Organization 19 years ago.
14 stunning hotels that you haven't heard of
Boutique hotels are not hard to by In India these days and some these alcoves of hospitality are as attractive as their locations.
New Nissan Sunny: A value for money family car
But will it change the carmaker's fortune?
In cat-and-mouse game, India uncovers new gold smuggling route
India is scrambling to crack down on a new gold smuggling tactic that it fears could accelerate a flood of illegal imports of the precious metal into the world's second-biggest buyer.
Fiat Punto EVO: It has better ride quality than Swift, Polo
It will be prices between Rs 506,000 and Rs 775,000.
Why gold imports are going downhill?
Imports dwindle in July on RBI gold swap deal possibility, apart from monsoon dullness and this being an off-season for demand.
Chinese smartphone makers upset Samsung's apple cart
Three of the world's top five smartphone sellers were Chinese manufacturers in the April-June quarter, Strategic Analytics said, as China's low-cost offerings on the Android operating system whittled away Samsung's market share.
Auto sector posts mixed results
The company said its domestic sales rose 19.9 per cent during the month to 90,093 units as against 75,145 units in July 2013.
World's top 10 oil producers, Saudi Arabia is No 1
United States rises to number two just behind Saudi Arabia.
Doubts over Flipkart's high valuation will persist
Doubts over Flipkart's valuation will persist.
Mallya could lose more of United Breweries
Mallya holds a 32.86 per cent stake in United Breweries, after having ceded control to Dutch brewer Heineken in December last year.
India's 15 best cities to live in, Kolkata tops
Kolkata has been ranked as India's best city to live in the Annual Survey of India's City-Systems 2014.
Honda Mobilio, Tata Zest can give Maruti a tough challenge
There are signs of Maruti taking Honda Mobilio seriously.
Disappointment, uncertainty after India blocks WTO trade deal
Several member states of the World Trade Organisation voiced frustration after India's demands for concessions on agricultural stockpiling led to the collapse of the first major global trade reform pact in two decades.
US set to tweak visa policy, assures Kerry
The assurance came as relief for the Indian IT services sector.
Vishal Sikka's era begins at Infosys
Be it the industry laggard performance or harassment allegations by overseas employees, Infosys has a tough road ahead and investors will look at Sikka to sort out the issues.
Moving jobs? Furnish tax statement
Since employers can't furnish Form 16 in the middle of the year, they give Tax Computation Statement.
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| July 31, 2014 | | The BEST airline staff in the world
Here are the world's most courteous, friendly, helpful and efficient airline crews from each continent.
I am still in wait-and-watch mode on India: Jim Rogers
Jim Rogers says India needs to do a lot to put its house in order.
Vegetable prices cool down on good rainfall
Compared to peak levels early this month, prices of primary vegetables have declined up to 50%.
What makes India an e-commerce hotspot
India's e-commerce sector is a prize, but one that may end up being spread thinly.
Can 6 new airlines survive in the crisis-hit aviation sector?
Six new airlines, three national and three regional, are set to join the market even as the sector remains dogged by massive losses.
Don't shift to online health plans to save costs
Savings on premium are as high as 50%; things might get complicated if your health deteriorates.
No immunity scheme to bring back black money: Jaitley
Rajya Sabha returns Finance Bill to Lok Sabha; budgetary process over in both Houses, President nod needed now.
'Residential property prices set to rise'
Improved sentiment because of a stable government to push demand, says Knight Frank.
Sikka to focus on innovation at Infy sans 'grand changes'
Says Murthy's initiatives over last one year showing results; to augment company's strategy with innovation
Subrata Roy all set for first deal from Tihar
Jail officials, group to thrash out finer details to enable late night skype with Los Angeles-based buyers.
5 reasons WHY Honda Mobilio is BETTER than Maruti Ertiga
The newly-launched car is aggressively priced for the feature it offers.
Hinduja-built swanky electric buses in London
In a bid to improve London's air quality and make it the world's first Ultra Low Emission Zone, four pure electric buses made by the Hinduja Group have been introduced trialling new emission-free technology.
Audi RS5: At Rs 1.23 crore, it's still priceless
it's the ultimate driving machine
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| July 30, 2014 | | BSE: Top gainers and losers
The S&P BSE Sensex gained nearly 0.4% or 96 points at 26087 level while the CNX Nifty edged higher by 42 points or 0.5% at 7,791.40 level.
Smart facilties on offer at Gujarat's GIFT city
The project will see remote management of all the utilities from a single city command.
Flipkart now aims to enter the $100-bn club
Also on Flipkart's to-do list is getting people from the Silicon Valley on its rolls.
5 EXCITING cars launches in August
Fiat, Maruti, and Tata are all set to drive in their best vehicles.
8 scams that rattled the Indian stock markets
Investors have not received their hard-earned money back in several high-profile cases.
HTC One E8: Is it a good buy for Rs 34,990?
HTC One E8, touted as the common man's M8 has been the talk of the smartphone town off late.
The steep fall of Jignesh Shah
Jignesh Shah had to give up his MCX cash cow and his personal assets have been attached.
Now, Amazon announces $2 billion investment in India
Amazon's Indian unit said earlier it will open five new warehouses in the country, which will almost double its storage capacity to half a million square feet.
Jaitley threatens to shut down non-performing PSUs
The state of these public sector units is appalling and disinvestment or even closing some of them appears to be the only option to prevent exchequer from further bleeding.
Gold wins over realty as an investment option
Real estate buying dropped between 2004 and 2012.
Shocking! Investing in residential property hardly pays
You may not believe it but data show average real appreciation in residential property in urban India over 2007-14 was zero.
Founders run the company, not investors: Flipkart CEO
Flipkart, the poster boy of Indian e-commerce, hit a new high by raising $1 billion (about Rs 6,000 crore) in the latest funding round, led by existing investors Tiger Global Management and Naspers.
Should you bet big on these PSU stocks?
Stocks of government probables for divestment or stake sale such as Steel Authority of India (SAIL), Mahanagar Telephone Nigam (MTNL), National Aluminium Company (Nalco) and Container Corporation (Concor) have outperformed the markets in the past one year.
Top earners, high-growth sectors under tax scanner
The Central Board of Direct Taxes has asked field officers to augment tax collections by ensuring that sectors growing at faster rates compensate for those growing slower.
Relief for flat owners, SC asks Supertech to refund money
The Supreme Court on Wednesday directed real estate giant Supretech to give back money to flat owners who had sought refund of their investments within a month
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| July 29, 2014 | | Column: The truth about labour law reforms in India
Good companies would want to treat labour as partners; bad companies would want to exploit labour as much as possible, Effective labour laws should weed out the latter without hampering the former, says Shubhashis Gangopadhyay.
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| July 28, 2014 | | BSE: Top losers and gainers
The Sensex was down 136 points at 25,991 and the Nifty gave off 42 points to trade at 7,749.
At WTO, India has little choice but to fall in line
Despite the noise that India is making at the WTO saying that its food security concerns are non-negotiable, back home it is aggressively pushing for dismantling minimum support prices and at the same time limiting the sovereign role of Food Corporation of India in food distribution to the hungry and the needy, says Devinder Sharma.
iPhones allow extraction of users' personal data
Personal data including text messages, contact lists and photos can be extracted from iPhones through previously unpublicized techniques by Apple Inc employees, the company acknowledged this week.
Xiaomi Mi3: The best budget smartphone
Flipkart crashing when sale of Xiaomi's Mi3 opened proves the phone has generated much interest.
Mercedes Benz India sales up 25% in H1 2014
Significant contributor to this growth has been the flagship S-Class sedan and the ML-Class SUV and the NGC (new generation cars) portfolio comprising the A-Class and B-Class.
Bengal Aerotropolis's fate hangs in balance
The ambitious project by Bengal Aerotropolis Projects Limited to set up India's first airport-cum-metropolis has developed fault-lines that typically inflict major infrastructure projects in the country.
Tata Zest has AWESOME features that competitors can't match
It has climate control, daytime running lights and projector headlights.
Buying property overseas? London is a hot spot
With lower interest rates on loans and higher capital appreciation than in India, buying property in London makes more sense
A look at P Chidambaram's legacy as finance minister
In Mr Chidambaram's third stint as finance minister, which lasted till his government was voted out in May this year, he had a fairly pressing crisis to deal with.
Smart cities should offer affordable living, best amenities
All this is clearly needed. But before we can bring in smart technology, we need to know what to do with it.
How much compensation air crash victims can claim
Passengers are entitled to compensation under an international convention.
LG G3 is the best phablet money can buy!
The phone is big but doesn't feel so in the hand.
It takes 10 years to make key policy changes in India
The lack of change in policy can be hugely damaging not only for foreign investors but also for the Indian economy and domestic industry, says A K Bhattacharya.
How the Modi govt plans to usher in acche din
In what appeared an indication of things to come, the Prime Minister on Saturday inaugurated MyGov, a portal to directly engage with the citizens.
Markets shine, but Indians missing from the party
FII holding in top listed firms at 10-year high as retail investors, domestic institutions & funds scale down presence.
Have you tried Flipkart's Digiflip Pro XT 712?
Recently, e-tailing major Flipkart released the Digiflip Pro XT 712.
Jaguar Land Rover forced to slash prices in China
Prices of the Range Rover V8, Range Rover Sports V8 and Jaguar F-Type will be reduced by an average of 200,000 yuan (Rs 20.4 lakh) from August 1. Every fourth car made by Jaguar Land Rover is sold in China.
Filing tax returns? Avoid these errors
With July 31 just around the corner, everyone must be busy with their income tax returns. Filing returns has become convenient since it can now be done electronically.
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| July 25, 2014 | | High speed trains planned in these 9 routes
Railways has identified nine corridors for taking action to raise the speed of passenger
BSE: Top losers and gainers
The 30-share Sensex ended down 145 points at 26,127 and the 50-share Nifty closed 40 points lower at 7,790.
HTC Desire 616 vs Huawei Honor 3C: Which one is a smart buy?
Desire range devices already in the segment, buyers might get confused as to which HTC gadget to get.
Brands enhance marketing budgets to push online sales
FMCG and healthcare firms are keen to push online sales.
Top 10 Indian IT companies by market cap
Tata Consultancy Services (TCS) has become the first Indian company to exceed Rs 5 lakh crore in market capitalisation.
Maruti Ciaz: All you need to know about the Honda City killer
It will be launched this Diwali.
Won't take long to get black money back: Jaitley
The government on Friday announced some concessions for mutual fund industry and income tax payers, while comitting to low tax regime to promote industrial activity to generate jobs and create more resources to undertake social welfare activities.
RIL is not instrumental in top deck exits at Network18: Bahl
Network18 founder Raghav Bahl says RIL was not instrumental in top level exits at the media firm.
Indian markets' post-election enthusiasm lost on consumers
While Prime Minister Narendra Modi's election triumph two months ago and his promises of economic revival buoyed business confidence and India's financial markets, Bhatnagar and millions like him remain pessimistic and anxious about the future.
India's first aerotropolis is mired in controversies
The promoters of BAPL are embroiled in messy legal tussles with accusations of forgery and fraud flying thick and fast.
Shocking! 15 Indian cities among the world's MOST polluted
The world's fastest growing economies have turned out to be the biggest polluters.
UP industrial units 'seriously' polluting Ganga
Of 817 grossly polluting factories, 62 have not installed anti-pollution devices and in 84 units, the installed devices are non-functional.
The US biologist who rescued India from a severe food crisis
The Green Revolution owes a debt to Norman Borlaug, whose birth centenary falls this
Trai's new spectrum sharing norms may not benefit telcos
Finally, Trai has also said that spectrum can be shared between only two operators, not three.
India wants fresh US audit for air-safety upgrade
FAA, in audits in September and December, downgraded India to Category-II in safety rankings, clubbing it with Zimbabwe and Indonesia.
How Jaitley allays worries of real estate bubble
Jaitley said the Budget proposals would boost the realty sector, which would help meet the housing needs of a vast section of the population.
In Reliance-govt dispute, who arbitrates the arbitrators?
The lack of mutually acceptable arbitrators has delayed the resolution of the two-and-a-half-year-old dispute between Reliance Industries Ltd and the government of India over the recovery of $2.376 billion worth of investment in the KG-D6 gas block.
Invest in infrastructure to get good returns
The infra sector broadly includes real estate, steel and cement companies.
CBI probes 'over-invoicing' of Rs 2,300 cr by Adani Group
A senior CBI official said Adani group is alleged to have 'over-invoiced' its loans to the tune of Rs 2,300 crore (Rs 23 billion) between 2011 and 2013.
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| July 24, 2014 | | BSE: Top gainers and losers
The 30-share Sensex ended at 26,272 up 125 points and the 50-share Nifty ended at 7,831 up by 35 points.
Jet, Etihad woo passengers with 20-50% discounts
The 72-hour introductory joint special fare offer will be available from July 25 to July 27 for a travel period between September 1 and June 15, 2015 for flights within India and
We have miles to go in improving rural India: Jaitley
Capital formation in agriculture is the key to the development of the rural infrastructure, said the finance minister.
Singapore's pride: 'Skyrise' gardens that save energy, water
Vertical gardens are a cornerstone of the state's development plan and can be a game-changer in its quest for greater sustainability, says Barun Roy.
Why economists have trimmed India's GDP forecast
While the latest consensus still suggests growth will beat the rate of less than 5 per cent seen in the past two years, it does not reflect the stock market euphoria since Prime Minister Narendra Modi's historic election win two months ago.
BMW 7 Series ActiveHybrid is a real mean machine
It can go from 0 to 60 kmph in just 6.2 second.
PHOTOS: This passenger ship is 5 times the size of Titanic!
It is five times the size of Titanic.
Human Development Index? India's rank a poor 135!
The report further said that none of the (BRIC) Brazil, Russia, India China and South Africa countries were in the high human development category and India remained at the bottom with lowest HDI value among them.
Realty biggies line up affordable housing projects
In the wake of boost from the Budget & RBI move on affordable housing, Tata Housing & Mahindra Lifespace, among others, plan new launches.
Inside Changi Airport's stunning T4 terminal
Singapore's Changi Airport which has been ranked as the world's best airport over the years will open its fourth terminal in 2017.
Why the World Bank president is optimistic about Modi govt
Jim Yong Kim, president of the International Bank for Reconstruction and Development concluded his three-day visit to India on Wednesday.
US recession is a thing of the past, says Obama
Obama said when he came into office America was going through the worst ever recession.
From nostalgia to nightmare: A traveller's experience in trains
Travelling by rail in India was once a pleasure, but has now become a forbidding challenge.
'Wipro to continue inorganic growth'
Less than a week after closing an acquisition, Premji tells investors firm will continue to look at buyouts.
Where will Flipkart spend its $1 billion?
Having raised about $570 million since July 2013 in three rounds and $760 million since its launch in 2007, the question is where and how Flipkart will spend its war chest.
1.17 lakh ultra-high networth individuals in India
The number of ultra-high networth individuals (UHNIs) having an investible surplus of over Rs 25 crore (Rs 250 million) rose 16 per cent to 1.17 lakh last fiscal, and this is estimated to triple to 3.43 lakh in the next three years.
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| July 23, 2014 | | BSE: Top gainers and losers
The S&P BSE Sensex gained over 100 points and ended at 26147.33 while the CNX Nifty ended 27 points higher at 7,795.75.
Will 100 smart cities become a reality in India?
Sizes of cities often turn out to be their enemies because everything costs a bomb to build and operate, says .
The Rs 1.11 crore Porsche Macan now in India
The new SUV will be available in two variants - the Macan Turbo and the Macan S Diesel.
Indian IT industry faces gender pay gap of 29%: Report
The report further said that more experienced workers are paid better than less experienced ones
Attorney General tells CBI to chargesheet Marans
AG's view in the long-pending case related to the Aircel-Maxis deal has come in less than two months of the Narendra Modi government taking charge at the Centre.
Mercedes CLA 45 AMG: Incredibly fast, stunningly beautiful
Comes to India for Rs 68.5 lakh.
Year's biggest car launch: Honda drives in Mobilio at Rs 6.49 lakh
promises a mileage of 24.2 kmpl.
BlackBerry cuts prices of QWERTY handsets by Rs 6,000
BlackBerry 9320 is the first 3G enabled device from the smartphone maker's portfolio in the sub-Rs 10,000 range.
FDI will push media firms to clean up their act
We are already reading and watching news from around the world.
Foreign investors line up investments in Indian shares
Foreing investors have high hopes from India due to an uptick in the economy
1839 hectares of forest land in Odisha given to 15 industries
Forest land measuring 1838.79 hectares in Odisha has been diverted for 15 industrial projects in the state between 2004 and 2013.
Budget proposals can tame food inflation; implementation is key
The price stabilisation fund will call for processing capacity for perishables.
Soon, you can check in at hotels on the Ganga!
Tourism ministry plans to float hotels on the river to boost tourism.
4 reforms that can solve India's land woes
The government must, therefore, legislate to automatically allow non-irrigated agricultural land to be used for industrial purposes, subject only to obtaining environmental clearances.
TCS market value crosses Rs 5 lakh cr; shares hit 52-week high
Post Q1 results, the stock rallied 8% compared to 2% rise in S&P BSE Sensex and 4% gain in S&P BSE IT index.
Modi govt fails to impress in the first two months
It is important to note that this realisation seems to have dawned on the leadership in spite of the Bharatiya Janata Party (BJP)'s comfortable majority in the Lok Sabha.
IIT, IIM grads among 27,000 applicants for 15 Bandhan posts
A large number of these applicants are already employed in top positions at public- and private-sector banks, say sources at Bandhan.
Want to earn above Rs 1 crore a year?
In 2013-14, as many as 45 people each earned more than Rs 1 crore (Rs 10 million) commission as a mutual fund (MF) distributor. This is up from 33 in 2012-13 and 22 in 2011-12.
Essar, Hindalco cite 'secret' IB report to cry conspiracy
Mahan Coal claims it is being targeted at the behest of 'foreign masters' of the Western world.
Chrysler recalls older Jeep SUVs for ignition switch issues
Of the recalled models, 649,900 are in the United States, 28,800 are in Canada, 12,800 in Mexico and 100,800 outside of North America.
More choice for travellers as new airlines are set to take off
Several new airlines are likely to fly in the Indian sky in the coming months with the government giving flying licence to four of the six companies, which had sought permits for launching scheduled, private or charter air operations.
Is the Modi govt serious about transforming Railways?
While the government's intention is to revamp the country's rail network, a half-hearted attempt at creating a more efficient organisation could derail the whole process.
Malaysia Airlines: Miles to go for salvaging brand
After two disasters in a span of five months, the airline has the uphill task of redeeming itself, reversing the slide in its financials as well.
Why the monsoon numbers in India hide reality
Because the ecology of various regions differs, it is silly to club them all under one countrywide average number, says Nitin Sethi.
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| July 22, 2014 | | Subrata Roy denied bail, allowed to meet clients outside jail
The Supreme Court has denied to release Sahara Chief Subrata Roy on bail or parole.
Is the Chinese Mi 4 an iPhone killer?
China's Xiaomi unveiled on Tuesday its new flagship Mi 4 smartphone, aimed squarely at the premium handset market dominated by Apple Inc and Samsung Electronics Co Ltd.
Tata Zest petrol has the BEST engine ever made by the company
Car maker has started accepting bookings for Rs 21,000.
India's biggest problem: Scarcity of land
India must mount nothing short of a war effort to address what is becoming a binding constraint on India's development.
Delay in filing income tax returns may hurt your financials
It is always adivsable to file income tax returns on time.
E-commerce boom: More start-ups join the Rs 1,000-crore club
High penetration of internet, increased use of smartphones help the cause of top e-commerce firms, leading to a rapid rise in their valuations.
One Indian highway among the world's most dangerous roads
Even the best cars may not help you survive them.
Infosys, TCS and other IT firms brace for good times
The firm-level optimism derives partly from the state of the global economy.
Cleanliness drive: Disposable bed linen in Rajdhani Express!
The Railways is planning to soon try disposable bed linen, on an experimental basis, in the Bangalore Rajdhani Express.
Stylish LG G3 to take on Galaxy S5, iPhone 5S
fty features and big screen in a plastic body.
Maruti leads among the top 10 cars in India
These cars were most appreciated on India
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| July 21, 2014 | | 20 days at Rashtrapati Bhavan: A dream come true for innovators
Packed with ideas and clarity about the road ahead for taking their innovations to masses,
The man who taught Indian business leaders to compete globally
Story about a simple boy who studied in a Tamil-medium school transformed the mindsets of frightened Indian business leaders.
Bad monsoon starts farmer's 'journey to hell'
In good years, the four-fifths of local farmers who tend a hectare or less, can get by. In bad years, they slide into debt. Some lose their land.
Soon, smart car seats to alert sleepy drivers!
The dangers of falling asleep while driving may soon become a thing of the past, thanks to new smart car seats which can detect when a driver is beginning to nod off and alert them.
Meet India's 10 new dollar billionaires
The number of dollar billionaires in India has risen to 55 this year from 46 last year.
MBA Grads start Poochka & Co to take pani puri to High Street
With an aim to give pani puri a ststus, 3 MBA graduates have started Poochka & Co.
Galaxy Tab S 8.4: One of the best Android tablets you can buy
With an impressive Super AMOLED screen and power-packed features, this device is one of the best Android tablets one can buy
Mumbai among hot-and-happening global cities
Around 30 cities in the world offer best business opportunities and a high standard of living
Modi govt lacks good decision makers, advisors
What is missing in the government are people with enough weight in the system who can give quality economic advice, and offer subject expertise, says T N Ninan.
Money laundering: Did RIL subsidiary violate norms?
An investigation by government agencies is under progress into the alleged violation of rules in investments made by Singapore-based Biometrix Marketing, a Reliance Industries (RIL) group firm.
Smart tips to get the best home loan deal
They do all the running around, including negotiating with the new lender
Walmart likely to advance its pan-Indian e-commerce plans
Walmart is keen to spruce up presence in India.
10 stocks that the market is most bullish or bearish on
Te market is expecting Maruti Suzuki stock to perform well.
India must take measures to arrest rupee fall, inflation
We will improve the ease with which business is done in India.
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| July 18, 2014 | | Is there any hope for the sinking Malaysia Airlines?
The second fatal incident involving Malaysia Airlines (MAS) in four months will deepen the slump in ticket sales and force the government to speed up any plan to rescue the stricken flagship carrier.
Xiaomi Mi 3: Incredibly good value for money smartphone!
Priced at Rs 13,999, the it comes with Qualcomm Snapdragon 800 processor and 2GB RAM.
Why airlines don't avoid flying over conflict zones
Airlines including Qantas Airways and Air Berlin altered their flight paths months ago to avoid Ukrainian air space after fighting flared up in the region, raising questions about why others did not do the same.
Best investment options in the real estate sector
India, the world's fourth largest economy with 1.2 billion people, has steadily emerged as one of the most preferred destinations for global business.
President's guests: 5 innovators who made a big difference
It was a dream come true for five innovators when they received personal attention and
Tata Zest: The cheapest automatic diesel car in the country
To be priced between Rs 6 - 7 lakh.
Malaysia Airlines crash insurance may be complex, lengthy
Insurance on the Malaysian airliner brought down over Ukraine is likely to pay out relatively quickly if the cause of the crash is determined.
FM presents Rs 36,776 cr Delhi Budget, no new taxes proposed
Finance Minister Arun Jaitley has announced no new taxes in the Delhi Budget.
Double whammy for Malaysia Airlines
The airline industry is one of the least able to financially absorb shocks.
Why Jaitley's telecom revenue target may be tough to achieve
However, the revised target, 16.7 per cent higher than stated in the interim Budget in February, looks unrealistic.
Google's Nikesh Arora quits to join SoftBank
On Thursday, Google announced the surprise departure of its veteran business chief Nikesh Arora, who will become Vice Chairman of SoftBank Corp.
11 bosses who ordered the biggest layoffs in business history
Satya Nadella announced Microsoft's biggest round of layoffs in company history, saying the company plans to cut 18,000 jobs within the next year.
The AMAZING toys that Richard Branson plays with
Call him flamboyant, but he surely knows how to live life to the fullest.
Microsoft carefully dismantles Ballmer legacy
The careful dismantling of Steve Ballmer's legacy is moving apace. Microsoft just announced 18,000 job cuts, more than two-thirds of which relate to Nokia, the handset maker the former boss bought for $7.2 billion.
Infra firms back in action with fund-raising, hiring plans
Buoyed by the government's big push for infrastructure, companies expect growth to resume by the end of the year.
The inside story of India's biggest corporate fraud
The big thing was inflating the revenue of the company through fake invoices.
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| July 17, 2014 | | TCS net up 45% to Rs 5,568 crore
Consolidated net profit for the three months to June 30, its financial first quarter, rose to 50.58 billion indian rupees ($840.5 million) from 39.87 billion rupees a year ago, the Mumbai-based company said on Thursday.
BSE: Top losers and gainers
The 30-share Sensex ended up 11 points at 25,561 and the 50-share Nifty gained 16 points to end at 7,640 levels.
Home loans up to Rs 50 lakh to get cheaper
The Reserve Bank has paved the path for increasing the liquidity for banks, enabling several positive steps in the real estate sector.
2 Indian cities can SUBMERGE under water by 2070
population of about 2.54 crore will be at risk!
Buffett's generous gift: $2.8 billion to Gates, charities
Warren Buffett this week donated $2.8 billion of Berkshire Hathaway Inc stock to five charities, as part of the billionaire's plan to give away nearly all of his wealth.
Volkswagen goes local in India to cut costs, lift sales
Five years after entering India, VW has captured just 2.1 per cent of the market because its cars are seen as relatively expensive and it lacks a diverse mass-market product range.
Gurgaon rapid Metro turns out to be a flop
The privately-run 5.1-km Gurgaon rapid Metro rail project is recording a low ridership of only about 37,500 a day, compared with the initial projection of 90,000-200,000.
Why investment managers are in a rush to launch realty funds
Fund managers gear up to launch property funds to raise about $750 mn.
Microsoft to lay off 18,000 employees this year
In the first major realignment of workforce since India-born Satya Nadella took over as CEO, Microsoft has announced slashing of up to 18,000 jobs worldwide by next year as the software giant attempts to sharpen focus on cloud and mobile offerings.
What is the purpose of the BRICS Bank?
The fact that the Indian government has allowed the bank to be headquartered in Shanghai merely underlines the fact that this will be a largely Chinese enterprise.
Why Jaitley's 1st Budget is impressive on all counts
Arun Jaitley's maiden effort is a welcome and purposeful change in direction and not UPA redux.
Want to make money? Go for these 11 stocks
11 top defensive stocks in the information technology (IT), pharmaceutical and fast moving consumer goods (FMCG) sectors made a new all-time high, while cyclical stocks saw a sell-off.
India's overcrowded trains and stations: Will this change?
As Indians eagerly wait to see a makeover, here's a look at trains and stations of world's fourth largest railway network.
Infosys ex-employee cries bias over not knowing Hindi
Layla Bolten claims she was harassed by colleagues; sues firm in US; company says charges are 'false and baseless'.
12 cleanest cities of the world
While culling the list, a quality of life surveys was taken into account along with factors such as water availability, waste removal, sewage systems, air pollution and traffic density.
World's top 10 airlines
The annual World Airlines Award announcement came at the Farnborough International Air Show in the UK.
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| July 16, 2014 | | India has a workforce of 47.41 crore: Govt
In the rural areas, 35.3 per cent of the workers are employed as casual labourers while the figure is 14.6 per cent in the urban areas.
Why gold saving schemes may offer lower returns
Experts suggest bank deposits or exchange-traded funds over these.
Affordable housing to become cheaper!
The Reserve Bank of India (RBI)'s move to bring housing loans of up to Rs 50 lakh under priority sector lending, against loans of up to Rs 25 lakh currently, is expected to provide a boost to home loan borrowers and real estate companies.
Golden stock tips to beat a slow market
The stock market continuously throws up opportunities.
10 most polluted places in the world
With civilization progressing by leaps and bounds, pollution is taking its toll on human lives.
The biggest challenge for BRICS success? Big brother China
In two years of tough negotiations to create the new BRICS development bank, the main stumbling block was not a lack of resources or commitment, but fellow partner China.
Tata-Singapore Airlines set to fly with new brand name
The new name would not have the Tata or the SIA name, confirmed a spokesperson.
2014 VW Polo facelift launched at Rs 4.99 lakh
VW India has launched the Polo facelift in the country with prices starting at Rs 499,000.
Amazing images of world's transport systems
Economic growth has always been dependent on increasing the capacity and rationality of transport.
5 BEST selling cars of all time
They have lasted for decades with no sign of drop in their sales.
5 stocks that can make you richer
Despite largely being ignored by market participants, these are worth considering.
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| July 15, 2014 | | Satyam scam: Sebi pegs biggest corporate fraud at Rs 12,320 cr
The Satyam saga, which rattled India over five-and-a-half years ago as its biggest corporate fraud, has turned out to be a case of financial mis-statements to the tune of approximately Rs 12,320 crore, as per Sebi's probe.
Sebi bars Ramalinga Raju from markets, slaps Rs 3,000 cr fine
Closing five-and-a-half year long probe into the country's biggest corporate fraud, Sebi on Tuesday barred erstwhile Satyam Computer's founder B Ramalinga Raju and four others from markets for 14 years and asked them to return Rs 1,849 crore (Rs 18.49 billion) worth of unlawful gains with interest.
BSE: Top gainers and losers
The 30-share Sensex ended up 222 points at 25,229 and the 50-share Nifty ended up 73 points at 7,527.
Maruti Suzuki launches limited edition of Ertiga
The car will be priced up to Rs 805,000.
2014 Nissan Sunny: A TOUGH competitor to Honda City
The car has impressive mileage and is extremely spacious.
India's TOP 10 selling cars
The dynamics are changing as the sales pick up.
ICICI Bank has the highest number of credit card users
ICICI Bank, the largest private sector lender in the country, has outpaced its rivals in growing its credit card base during financial year 2013-14 (April-March).
Delhi land sale: GMR may get over Rs 100 crore per acre
GMR Infra, a publicly held firm that manages the Delhi international airport, is set to kickstart the second phase of monetisation of its 230-acre land parcel near the airport.
Factors that are bothering the sugar sector
Sugar sector is grappling with many issues.
After a slow start, car sales to consolidate at 4% in FY15
Says the automobile sector would grow double digit in Asia's third largest economy after financial year 2017-18.
New twist to McDonald's-Bakshi tussle
Cloud on whether CPRL is a subsidiary of McDonald's India or a 50-50 venture.
Why vegetable prices are set to remain high
Spiralling vegetable prices are likely to remain firm for at least a month, till the new seasonal crop comes to the wholesale markets.
Desire 516: Finally, a fantastic budget phone from HTC
The HTC Desire 516 sports a 5-inch LCD 540 x 960 pixels multi-touch display with 220 ppi pixels density.
15 stocks that promise high returns
Here are 15 companies that research houses believe could see significant impact due to the Budget proposals.
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| July 14, 2014 | | India is the largest consumer of antibiotics globally
The study quantifies the growing alarm surrounding antibiotic-resistant pathogens, and a loss of efficacy among antibiotics used to combat the most common illnesses.
Naveen Jindal takes Rs 18 cr hit in 2013-14
The dip in net profit, according to the annual general report, was due to a rise in depreciation and financial cost of its debt and for funding various expansion projects.
How an IITian is helping villagers build their own power plants
An IIT graduate is helping villagers build and operate their own micro-hydro-power plants.
'Apple iPhone a danger to China's national security'
Apple said in a statement sent to on Saturday that it was committed to protecting the privacy of its users, and that no unique information related to the user or the device was transmitted when using the location functions.
WPI inflation eases to 4-month low of 5.43% in June
Food articles inflation dips to 8.14% from 9.50% last month.
Will Modi's farm export curbs ease June inflation?
Modi faces his first challenge as soaring prices for basic food items, such as milk and potatoes, lifted retail food inflation to 9.4 per cent in May, driving wholesale inflation to a five-month high of 6.01 per cent.
Bengal's FIFA fever is Sony's jackpot
Believe it or not, the football frenzy across the state has contributed nearly 50 per cent to the network's viewership for this edition of the football tournament.
Honda Mobilio: The amazing mini-SUV that will blow your mind
All you wanted to know about the biggest car launch of the year.
10 celebrities betting big on tech start-ups
Will they catch the next Google and Apple at the right time?
No valid reason to travel? Won't get visa
Many countries are taking steps to ease processing. However, travellers should have a justifiable reason for the visit and their finances should be in order.
This is how Budget will impact sectors and the stock market
The Budget doesn't do any obvious harm and it might encourage a revival in certain beaten-down sectors.
Budget only beginning, I did whatever I could do: Jaitley
The Budget has proposed increasing the income tax exemption limit to Rs 250,000 from Rs 200,000 and raised the ceiling on investment in saving instruments to Rs 150,000 from Rs 100,000 per annum.
How Jaguar plans to strike it big
Understated earlier, JLR is spending on its brand recall to prepare for the Baby Jag that will target volumes.
India Inc's gain could be investors' pain
Firms in rush to raise capital but those putting in money at new valuations might be left holding the can.
Fear of drought, power deficit woes heightens
The sluggish southwest monsoon, which yielded one of the driest Junes in a century this year, appears disappointing this month as well.
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| July 12, 2014 | | This whole Budget is Modi's big bet
It is unfair to expect Mr Jaitley to perform miracles with the Centre's straitened finances.
Amazing story of an IITian who invented a $1 microscope!
Meet Manu Prakash, the IIT Kanpur alumnus who invented the microscope that costs less than a dollar, dreams of a world where everybody has the right to science
No money for infrastructure? Blame it on subsidies
The funny thing is that the government has the money - but it is going into subsidies that Mr Jaitley has chosen to leave untouched.
Infosys sees 10,627 exits in first quarter
Infosys made a gross addition of 11,506 employees during the quarter, taking its total strength to 161,284 employees as on June 30.
Why the Budget will not check inflation
Far from reducing inflation, some of the assumptions made in the Budget imply that the government is not at all expecting prices to come down.
We are more predictable today: S D Shibulal
At his last media interaction after announcing Infosys' quarterly earnings, the outgoing CEO talks about the company's business, the challenges it faces, and efforts to overcome them.
90% rural houses don't have refrigerators, 50% have TVs
Nearly half the households in villages had a television, but only less than 10 per cent
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| July 11, 2014 | | Budget: The annual drama over a report on inefficiencies
The Bharatiya Janata Party, which promised us "maximum governance, minimum government" ought to make the annual Budget less of a national drama than it is today, says Rahul Jacob.
Budget views: The good and the bad points
A look at how people from different walks of life analyse the Budget.
How your life will change after Budget 2014
Based on the announcements made in the Budget, here are the changes you will see around you.
Budget: Not a bang, but not a whimper either
Abheek Barua analyses varied nuances of the Union Budget.
Competent, but not a breakout Budget
In the run up to the elections Narendra Modi kept telling us achche din aane wale hain. Far from that, Jaitley's Budget just seems to be more of the wohi raat aur wohi din, says .
Why UPA govt's job scheme is a total failure
MNREGA is a poverty-continuation scheme and is destructive to Indian aspirations and progress.
Budget no big bang but overall positive
The government has stuck to its ambitious fiscal deficit targets and has given the right messages on manufacturing which should keep sentiment in the equity market buoyant, it said.
'Overall Budget was good but implementation will be key'
Welcomes measures include a road map for fiscal consolidation of 3% of GDP by fiscal 2016-17, GST roadmap by the end of the year.
25 rail projects announced in previous Budgets pending nod
However, sometimes projects are included in the Budget pending government approval, though physical execution of such projects is taken up only after obtaining the requisite nod.
Budget has nothing to boost capital markets
India needs significantly more domestic wherewithal to achieve and sustain the stated objective of 7-9 per cent growth.
US investors welcome Modi govt's maiden Budget
They said Union Finance Minister Arun Jaitley has opened the door to a much wider level of US involvement in India's development plans in the coming years.
Shibulal explains why Infosys' growth will be slow
For April-June quarter of 2014-25, India region accounted for 2.4 per cent of the company's total revenues of Rs 12,770 crore (Rs 127.7 billion).
Budget: FM, Rajan in tune on policy
RBI Governor Raghuram Rajan had set up a committee to review the monetary policy framework.
Jaitley bets big on road toll, telecom to boost revenues
It is not only toll collection that is expected to boost government revenue, but also charges on services rendered.
Budget: An assumption of 'Achche Din'?
There is logic at work in most of what has been announced by Arun Jaitlley.
Infosys Q1 net up 21.6% at Rs 2,886 cr
Infosys' consolidated revenue is up 13.3 per cent to Rs 12,770 crore in April-June quarter.
'I didn't have enough money to do more for the common taxpayer'
Finance Minister Arun Jaitley talks to T N Ninan.
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| July 10, 2014 | | This Budget is old wine in old bottle
Despite its sincere tone in describing the gravity of the economic situation, the Budget broke little new ground or displayed initiatives that would have fired our imagination.
Budget 2014: The 10 biggest announcements
There were a lot of expectations from Narendra Modi government's maiden Budget. How did it fare?
A grand makeover for Indian's roads, highways
The government on Thursday unveiled steps including Rs 38,000 crore investment for fast-tracking highways to augment the nation's arterial network.
Budget gives new life to dying economy: Modi
Describing the general Budget as a 'sanjeevani' (new life) to the "moribund economy", Prime Minister Narendra Modi on Thursday said it converts hopes and aspirations of the people into trust and is in line with his government's endeavour to bring India out of crisis.
With big-tickets projects, India to get a infrastructure boost
The Finance Minister's concerns come at a time when delays in 110 central infra projects due to regulatory hurdle issues have resulted in over Rs 1.57 lakh crore cost overruns.
Infographics: Budget at a glance
Finance Minister Arun Jaitley presented the Budget in the Parliament on Thursday.
Budget: Here's how the rupee comes and goes
Finance Minister Arun Jaitley presented the Budget in the Parliament on Thursday.
Infographics: Union Budget's central plan outlay by sectors
Graphic description of the Budget's allotment.
Budget bonanza: India to see 5-8 million new jobs
With the government putting strong emphasis on job creation, experts on Thursday said measures proposed in the union budget can help create 5-8 million jobs in next 3-4 years across various sectors.
Mamata slams Budget, calls Modi govt of FDI, by FDI and for FDI
The deputy leader of Congress in Lok Sabha, Capt Amrinder
Govt plans to develop 100 smart cities
FM earmarks Rs 7,060 crore for the project.
Govt allocates Rs 2.29 lakh crore to the Defence Ministry
For the modernisation of the armed forces, the Finance Minister allocated an additional Rs 5,000 crore.
Budget: What's cheaper, what's costlier?
What has been the impact of this Budget on your daily life?
Budget 2014 offers Income Tax savings up to Rs 36,000
Investment in Public Provident Fund up to Rs 150,000 would now be exempt from tax.
Experts applaud FM's 4% fiscal deficit target
The FDI in insurance and defence and the plethora of schemes for improving the rural economy with all round focus on development programmes, are a key thrust.
What Modi's package has for the common man, economy
Finance Minister Arun Jaitley on Thursday doled out income tax sops by raising threshold exemption and investment limits by Rs 50,000, raised duties on cigarettes, tobacco, pan-masala and aerated drinks, widened service tax base and announced measures to spur growth manufacturing and revive investor confidence.
Retro tax amendment to be undertaken with extreme caution: Jaitley
Amendment to the Income Tax Act with retrospective effect, undertaken by the United Progressive Alliance government in 2012 to protect revenue, had evoked sharp reactions from domestic as well as global investors.
FM proposes greater autonomy to public banks
A large part of this fund would be raised through public offers made to retail customers, he said.
Jaitley allocates Rs 500 cr to set up 5 new IIMs and IITs
The Union Budget 2014-15 has proposed to set up new IITs and IIMs
Budget: Insurance FDI cap raised to 49%
Finance Minister Arun Jaitley presented the Budget in the Parliament on Thursday.
Budget: e-Visas at 9 airports to encourage tourism
Finance Minister presented the Budget in Parliament on Thursday.
Key takeways from the NaMo Budget
Finance Minister Arun Jaitley presented his first Budget on Thursday.
Will Jaitley keep his campaign promise on tax sops?
When Finance Minister Arun Jaitley presents the Budget in a short while, there are high expectations from people on raising the income tax exemption limit.
First Budget test of Modi's reform mettle
Finance Minister Arun Jaitley's promises of bold Budget decisions and broadsides against the 'mindless populism' of his left-of-centre predecessors have proved a hit with investors.
Amul's witty advertisements on Budget, economy
Taking cues from the current issues, Amul ads present thought provoking ads.
Rising prices? Here's how to tame them
Diesel price should be freed, open market grain purchases should be ended.
Don't expect fireworks from FM on fiscal deficit
Economists believe government might settle for a higher fiscal deficit target of 4.5 per cent to fund capex.
| | | |
| July 09, 2014 | | Currency volatility, wage inflation are challenges for IT firms
The IT sector is confronted with a host of issues.
Bullet trains? First change the stinky coaches and stations
Amid all these changes which included replacement of the steam engines with diesel and electric locomotives, one thing has been constant: untidy stations and malodourous trains and stations.
Why Nitish Kumar feels bullet trains are not feasible in India
Railway minister Sadanand Gowda in his Railway Budget speech on Tuesday announced introduction of bullet trains starting off with the Mumbai-Ahmedabad sector.
17 BEST buildings of 2014
Winners and finalists of Best Tall Buildings Worldwide contest.
Mahindra recalls 23,000 units of Scorpio Ex variant
Homegrown auto major Mahindra & Mahindra is recalling around 23,000 units of a select variant of its popular sports utility vehicle Scorpio to rectify faulty pressure regulating valves.
Petrol or diesel: Which car should you buy?
It all depends on many kilometres would you clock in a month.
GDP growth pegged at 5.4-5.9%, concerns remain: Survey
There are few concerns in India's growth story.
Need funds for social infra, women empowerment schemes: Jaitley
The Economic Survey says, massive efforts are needed in the form of investment in social infrastructure, skill development and empowerment of women.
India has the second fastest growing service sector
India is ranked 12th in terms of services GDP among the world's top 15 countries, says the Economic Survey.
Corporate America ready to invest billions of dollars in India
Through this Budget, the Obama Administration, policy makers, corporate sector and economists in the US are hoping to see a strong sign of a the major economic reforms which were promised by Prime Minister Narendra Modi during his election campaign.
Highlights of the Economic Survey 2013-14
The GDP growth for 2014-15 is pegged at 5.4 to 5.9 per cent: Economic Survey
Jaitley tables pre-Budget Economic Survey in Lok Sabha
Pre-Budget Economic Survey tabled in Parliament.
Finally, Railways is on the reforms track
In other words, its revenue numbers are likely to carry greater conviction and the instances of overstated revenue projections may well be a thing of the past.
Fiscal gap can be controlled through economic expansion: FM
The government will have to enhance economic activities if it wants to control fiscal deficit.
Interview with Gowda: 'Railway budget not biased, it's for the common man'
Railway Minister Sadananda Gowda tells Rediff.com's Vicky Nanjappa that FDI in railways would be permitted only in infrastructure and not operations.
5 things IT entrepreneurs expect from the Budget
Nasscom wants the Union govt to create a mission with initial seed capital of Rs 500 cr to promote entrepreneurship.
Don't panic if markets fall after the Budget
Use the opportunity to increase equity exposure because these are short-term blips.
Reliance in World Cup ticket controversy
Rio police say tickets sold to Reliance made their way into black market; firm says it is probing the allegations.
Chhattisgarh poorest, Goa richest state in India
Chhattisgarh, Manipur, Odisha, Madhya Pradesh, Jharkhand, Bihar and Assam figure among the poorest states where over 40 per cent of people are below poverty line.
Govt eyes 200 mn new bank accounts in a year
Govt is using Census 2011 as basis for charting out its financial inclusion plan.
FDI will be allowed only in railway infrastructure: Gowda
We have requested the commerce department to delete the line that FDI was not permitted in the Railways, the minister said.
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| July 08, 2014 | | Railways promise tasty, hygienic food onboard
Travellers can now get read-to-eat-meals on board a train.
Budget: Jaitley must outline a reformist vision
The finance minister must reverse the government's turn to statism, and lay out a reformist vision in the Budget.
Govt proposes highest ever budgetary support to railways
The government has assured Rs 30,000 crore (Rs 300 billion)budgetary support to the Indian Railways.
Tourist trains to connect pilgrim centres
Private participation in the pilgrim sector will also be encouraged, Railway Minister Sadananda Gowda said while presenting Rail Budget 2014-15.
Railway Budget: It has something for everyone
India will soon get a Bullet train between Mumbai-Ahmedabad!
India to get 10 swanky railway stations of global repute
The Indian Railways will develop few stations which will be at par with global standard.
Railways' gift for you: 58 new trains, 5 premium services
The Indian Railways proposes to introduce 58 new trains which includes five Jansadharan Trains, five Premium Trains, six AC Express Trains, 27 Express Trains.
Rail Budget: Mumbai gets 860 coaches with swanky interiors
Mumbai locals will get a swanky look with state-of-the art coaches.
How Gowda plans to enhance safety and security
The Railway Minister proposed numerous steps to enhance passengers' safety.
Railways to offer faster e-ticketing, Wi-Fi in stations
The Railway Budget on Tuesday proposed a major revamp of the passenger reservation facility by transforming it into a next generation e-ticketing system, supporting 7,200 tickets per minute and allowing 1.20 lakh users simultaneously.
8 facilities that will make your travel a lot easier, pleasant
You will see purified drinking water, focus on cleanliness, and ticketing reforms.
Need to attract FDI in railway projects: Railway Minister
The Railway Minister has announced that there is an urgency to attract FDI in Railway projects.
Mumbai-Ahmedabad route to get India's first bullet train
There has been a great debate on whether it is profitable for India to have bullet trains.
Need to have private-public partnership to improve condition of railways: Gowda
Railway Minister Sadananda Gowda presented the Railway Budget in the Parliament on Tuesday.
Ambitious proposals of Modi govt's 1st Rail Budget
Union Minister for Railways D V Sadananda Gowda in his maiden Budget presentation on Tuesday highlighted the achievements of the Indian Railways.
Why expectations are high from Jaitley's first Budget
Union Budget 2014 hinges on reforms and restarting projects.
How builders are making their low cost housing business viable
Margins for developers have fell to 15-20 per cent in affordable segment.
No parking bay, Lufthansa Boeing 747-8 to skip Mumbai
The airline plans to deploy A380 to Mumbai instead.
2 Indian routes among the world's SCARIEST train rides
Rock your way through steep bridges, dark tunnels and spiralling mountains.
Why companies spilit up their businesses
Listed entities demerge businesses from lubricants and skincare to textiles, tea and information technology.
Expect high speed trains, FDI projects in the Rail Budget
The railways recently successfully completed an experiment on the Delhi-Agra route for semi-high speed (up to 160 km/hr).
Budget unveil bolder economic reforms, but no tax changes
India will probably unveil bold reforms in its budget on Thursday in a bid to turn around an economy growing at decade lows.
It's exit time: Carrefour India head tells staff
It is learnt at a meeting on Monday afternoon, Jean Noel Bironneau, Carrefour's country managing director, told senior executives the French company was bringing down the shutters on its India operations.
Mumbai Metro to offer discounted fares from today
The new discounted fares are Rs 10 (3 km), Rs 15 (8 km) and Rs 20 (20 km).
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| July 07, 2014 | | Now, Manchester United editions of Beat, Sail for football fans
The launch of Manchester United limited editions of Chevrolet Beat and SAIL hatchbacks comes at a time when the Chevrolet brand is making debut on the club's jersey.
BSE: Top gainers and losers
The 30-share Sensex ended at 26,100 mark up by 138 points and the 50-share Nifty closed at 7,787 mark up by 36 points.
Indian airlines: The big winners and losers in 2013
High airport charges and steep operating cost hurt profitability of Indian airlines in 2013.
363,000,000 people in India below the poverty line
The Rangarajan panel says anyone spending up to Rs 47 a day in urban areas and Rs 32 in villages would be considered poor as of 2011-12.
What to expect from the Railway Budget
There will be provision for a few new trains including premium and services connecting various pilgrim centres in the Rail Budget 2014-15.
Aadhaar to get a new life as Modi backs UIDAI
Prime Minister Narendra Modi on Saturday gave a vote of confidence to the Unique Identification Authority of India (UIDAI), which is generating Aadhaar numbers for India's 1.2-billion strong population.
States with highest number of property FRAUDS; Delhi tops
Maharashtra and Punjab ranks second and third.
8 govt companies that will soon go on the block
FM targets to collect Rs 70,00 crore from their sale.
Does Jaitley have the cure for India's ailing economy?
As things stand today, there would be extraordinary pressure on the government against raising user charges, be it for services or actual goods and commodities with controlled prices.
CEOs expect bold reforms in the Budget
Tax reforms, GST rollout, public sector divestments top India Inc agenda; call for seizing the occasion.
Budget may focus on tax reforms: Barclays
Barclays said Indian equities have had a strong first half.
Little tax relief on the cards this Budget
Finance Minister Arun Jaitley may not raise I-T exemption limit to Rs 500,000.
Modi govt plans disinvestment worth Rs 70,000 crore
The finance ministry has approached different ministries to increase the privatisation target
10 stocks to watch out for after Budget
Stocks like L&T, DLF and ITC are likely to offer good returns in medium term.
25 interesting facts about the Indian Railways
The lifeline of the nation, the Indian Railways started its service 161 years ago on 16 April 1853.
Is Honda Brio AT better than Maruti Celerio AMT? Find out...
Which one should you buy?
Vote for the Best Budget of this decade!
Of all the Budgets presented over the years, Chidambaram under the leadership of Manmohan Singh is hailed for presenting the dream Budget in 1997.
Price rise to generate heat during Budget session
The opposition has a whole host of issues to target the government.
Can Jaitley meet the expectations of the common man?
The govt rode to power on promises of providing relief to inflation-hit middle class.
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| July 04, 2014 | | Samsung unveils 4 budget smartphones
These will help to keep competition in check.
PM wants railway stations to be better than airports
Railways Minister Sadananda Gowda will present his maiden Rail Budget on July 8 in Parliament.
No need to panic on price rise, says Jaitley
The minister asked the state governments to assess the problem as action taken after price rise creates panic in the market.
More premium trains likely in Rail Budget
The premium trains will be the focus area as the project has been the revenue generator for the loss-making passenger operations
AirAsia India to break-even in a year: Tony Fernandes
CEO Mittu Chandilya said AirAsia will retain the Rs 990 fare even when the company goes for expansion of new routes.
Air India to add another Dreamliner on Singapore route
Air India's 125-aircraft fleet includes brand new Boeing and Airbus planes including B777, A321, A320 and A319.
The untold story of how Reliance acquired Network 18
Raghav Bahl's control diluted by resolution in Nov 2012; net cash outflow for RIL group entities about Rs 1,341 crore.
Sahara property sale: SC tells Sebi to ensure transparency
The group is selling property to raise a particular sum for the release of its chief Subrata Roy, in Tihar jail since March 4.
Sensex, Nifty hit life-time closing highs
Markets ended at record closing highs led by RIL and private bankers.
The longest NONSTOP flights in the world
They have a minimum travel time of 14 hours and 55 minutes and cover at least 12,189 kms.
We will go where no one goes, says AirAsia chief
India's new low-cost airline plans to go to Northeast.
What Modi discussed with Facebook COO
The Prime Minister said on his Facebook page that he had a very fruitful meeting with Sandberg, who called on Modi to discuss her ideas about connectivity.
The TOP 5 car launches of this year
Awesome four wheels that are available at your nearest showroom.
No more leaking coaches, promises Mumbai Metro
A day after an air-conditioning duct on the Versova-Andheri-Ghatkopar metro railway train malfunctioned leading to rain water pouring into a coach, its operator Mumbai Metro One claimed that it has taken "all necessary measures" to ensure such incidents do not recur.
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| July 03, 2014 | | India's fastest train covers Delhi-Agra in 90 mins!
Come November and you can travel to Agra, the city of Taj Mahal, by train in just 90 minutes, cutting the journey time by 30 minutes at least.
Railways' pride: Udhampur-Katra line is finally ready
The train will traverse through seven tunnels and over 30 small and large bridges.
Why bankruptcy suicides are on the rise in Mumbai, Hyderabad
Number of suicides due to financial distress rose 13.6 per cent compared to 2012
Nissan launches Sunny @ Rs 7.29 lakh
Nissan had launched Sunny first in the Indian market in 2011.
What the India Inc expects from Jaitley's 1st Budget
Corporate India has high hopes from the upcoming Budget.
Get ready for clean coaches, comfortable journeys on trains!
As part of the housekeeping scheme, there will be attendants in each coach to address problems related to hygiene like maintaining clean toilets and keeping coaches spick-and-span.
Shocking! 47 million young Indians are jobless
47 million young Indians, under the age of 24, are jobless, and looking for work.
Indra Nooyi explains why women can't have it all
Nooyi recounted that she felt guilty for not being able to attend several activities at her daughters' school as she could not take time off from work.
Water scarcity: Hyderabad, Delhi will be worst hit
The government can charge end-users and create more storage structures.
5 highest paid Indian IT CEOs
Vishal Sikka, chief executive officer of Infosys has become the highest-paid professional CEO in India.
These investment plans will offer you 27% returns
Investors can take exposure in such schemes. Selection of funds, however, is very important
When the Facebook COO met Indra Nooyi
Facebook COO touches upon various aspects of gender differences common across cultures.
Pharma sector seeks boost to research, innovation
Pharma firms wants new policies that will boost investment.
Oppo's Find 7 is an awesome smartphone
Oppo, the Chinese smartphone-maker, joined the smartphone party late, but it did create some buzz with it's innovative N1, which boasted of a swivel camera - something that was new and gained attention.
Like Facebook, she connects instantly
Sheryl Sandberg, COO of Facebook, was at her disarming, candid and eloquent best.
Meet the 10 richest US entrepreneurs
The 10 entrepreneurs are collectively worth $407.4 billion, accounting for about 20 per cent of the total ultra-rich wealth in America.
Karbonn offers 4 cheap phones on Flipkart
The range will include two Android JellyBean operating system-based handsets and two smartphones based on the latest Android KitKat OS.
Little tax relief on the cards this Budget
Finance Minister Arun Jaitley may not raise I-T exemption limit to Rs 500,000.
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| July 02, 2014 | | Facebook COO reveals her India plans
Globally, Facebook has more than 1.2 billion users.
Mumbai's 'Dabbawalas' hike charges to fight rising inflation
Be prepared to pay to Mumbai's Dabbawala's.
When South film stars descend on television
Here's a look at some of the highly acclaimed South actors who choose to do television to reach out to a wider audience.
Vishal Sikka is India's highest paid IT CEO
Infosys Ltd will pay its new chief executive officer Vishal Sikka up to $5.08 million in annual salary besides a stock option of $2 million, a package considered lower than global peers.
Budget: Here's what the aam aadmi wants
Common people dishes out a wishlist for the finance minister.
Buy a US town for about $400,000!
In an enticing offer, an entire US town complete with a bar, workshop, three trailers, single house and 6.16 acres of prime prairie real estate, is up for sale for about $400,000.
India's premier trains to get a makeover, better services
Disposable linen in Rajdhani trains, automatic closing doors in Shatabdi and fire
Are you ready to e-file your tax returns?
With July 31 being the last day for filing income-tax returns, tax assesses need to start getting their returns ready electronically.
US created 9.4 million new jobs in 51 months, says Obama
Igniting a new power showdown with Republicans, Obama vowed to fix the economic system alone to 'help the middle class.'
FM hints at bold steps to cut fiscal deficit
Finance Minister Arun Jaitley is keen to come out with reforms that can help cut fiscal deficit.
Air India, Jet offer extra bonuses to agents
The move to increase sales comes ahead of Tata- Singapore Airlines' entry in the domestic market.
Does Aadhaar have a bright future?
Despite the uncertainty surrounding the future of the Unique Identity (UID) project, or Aadhaar, the Reserve Bank of India (RBI) is testing a mobile-based payments system linked to this platform.
ZenFone 5: A tough competitor to Moto G
If it's priced anywhere around Rs 15,000, it can be a very good option for those who prefer large screens.
Mercedes-Benz launches 2014 edition of CLS 350
Mercedes-Benz has launched the 2014 edition of its luxury sedan CLS 350 in petrol engine, priced at Rs 89.9 lakh (ex-showroom, Delhi).
Onboard the Seabreacher, an amazing watercraft
There is no end to excitement onboard the Seabreacher, a two-seat submersible watercraft, elegantly shaped liked dolphins, whales and sharks.
Jack Palmer returns to haunt Infosys once again
In a complaint filed with the US Department of Labor in May, Palmer said Infosys and eight of its senior executives denied him work, bonuses and promotions and later terminated him, The Wall Street Journal reported on Tuesday.
China starts bullet train service in most rugged terrain
China has launched bullet train services along a mountainous route touted as the most
Jaitley promises fiscal prudence over mindless populism
Finance Minister Arun Jaitley said the government would take bold decisions and pursue path of fiscal prudence to revive economy.
Reforms to drive Sensex to 27,000: Bank of America
BofAML said the market impact of the budget has been reducing since most reforms, such as the recent rail fare and freight increase, don't wait for the budget.
Modi magic: Fitch revises India's growth forecast to 5.5%
The agency said announcements by Modi and Finance Minister Arun Jaitley after government formation 'signal a strong intention to pursue reforms'.
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| July 01, 2014 | | Key issues Jaitley must address in the Budget
The Finance Minister must deliver a business sentiment boosting budget and show that the new government can walk its talk.
Samsung launches 'Tab S' to take on iPad
Unveiled at an event on June 13 in New York, Galaxy Tab S tablets compete with Apple's iPad range.
Top 10 gold exporting countries of the world
In 2013, the world gold exports were $283 billion approximately.
LPG price hiked by Rs 16.50 per cylinder; ATF by 0.6%
The price of non-subsidised LPG, which customers buy after using up their quota of 12 subsidised cylinders, was raised by Rs 16.50 per 14.2-kg cylinder, the first hike in six months.
IMAGES: Inside Athens' ghost airport
For about six decades, Hellenikon was Athens' only airport but it closed down in 2001 to make way for a newer, more modern airport before the city hosted the 2004 Olympic Games.
Delayed monsoon hits dairies, souring inflation outlook
Weak monsoon has hit farmers and dairies alike.
RIP Orkut! Google to shut down website on Sep 30
Orkut, which popularised posts or 'scraps' between friends, did not disclose the number of users on the website.
Auto sector posts mixed results
The company said its domestic sales rose by 31.1 per cent during the month to 1,00,964 units as against 77,002 units in June 2013.
Officer's Choice, McDowell's are fastest growing spirits brands
Johnnie Walker, the largest Scotch whisky, was also helped by healthy growth in India and South Africa.
Huawei to launch 4G smartphones for $100 in India
Currently, the company sells a small quantity through the retail trade.
How Nissan plans a comeback in India
The Japanese car maker, however, has quite a distance to cover before breaking into the top-five in any of its segments.
Z3: The cheapest BlackBerry phone now runs Android apps!
The phone is touted to be for the masses and is surely built to last.
Jaitley will have to do a balancing act in the Budget
A wider fiscal deficit despite higher divestment will be a disappointing beginning.
Soon you will be able to travel from Delhi-Agra in 90 minutes!
The Railways is all set to hold a trial run on July 3 of a train that can travel at a speed of 160 kmph on the Delhi-Agra route, as it looks to launch a semi-high speed service between the two destinations in November.
Road ahead will be a tough one for Skoda
One of the dozen marques owned by Europe's largest automaker, Volkswagen, Skoda was hit hard by botched-up delivery schedules and service in India.
Budget may focus on tax reforms: Barclays
Barclays said Indian equities have had a strong first half.
Air India's weird business strategy
Personnel posted at places such as Washington, Toronto, Cairo despite not having direct connectivity.
Why Modi wants to abolish the Planning Commission
Modi stunned buttoned-down members of the commission last year by turning up at a meeting with a video that accused them of high-handedness and hobbling states with one-size-fits-all policies.
How to make money from stocks
History has shown that cyclical stocks (capital goods, metals, banking, infrastructure, etc) are some of the best performing stocks in an up-cycle.
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| June 30, 2014 | | Why Budget needs to focus on collecting MORE taxes
Here's why India's tax collection has not been able to keep pace with the rise in GDP.
All info about black money will be made public: Minister
India has made a fresh request to Switzerland seeking bank details and names of Indians having unaccounted money in the country's banks.
Petrol price hiked by Rs 1.69/litre, diesel by Rs 0.50
The hike, effective Monday midnight, excludes local sales tax or VAT and the actual increase will be higher, varying from city to city.
A weak monsoon, Iraq crisis to have some impact on the Budget
Coming to the oil situation, the developments in Iraq are worrying because the outcomes are completely unpredictable at this point.
Facebook COO Sheryl Sandberg to meet Modi during India visit
Before joining Facebook, she was the vice-president for global online sales and operations at Google.
Story of the secretive Swiss money trail
A new strategy of 'layering' through gold and diamond trade has come to light at Swiss banks to thwart any attempt for identification of real beneficiary owners of funds entrusted with them.
Which finance minister started his career as a clerk?
Finance ministers play a key role in shaping the country's economy.
15 Indian states with highest poverty rates
One third of the world's poor live in India.
Budget must address anomalies in Income Tax laws
It is not just about archaic limits, there are a number holes which, if plugged, will come to the aid of taxpayers, rues Neha Pandey Deoras
Can Mamata change Kolkata into London?
Riverfront beautification is one of Mamata Banerjee's dream projects.
Budget must reassure, not try anything fancy
The fiscal situation is in a mess, with widespread suspicion that the deficit is much larger than it was claimed to be.
The BEST electric car in the world to launch in India soon
It can go from 0 to 100 in mere 4 seconds.
Why the FM should not repackage older policies in the Budget
For the NDA government, it was just like the case of the railway fare and freight hike.
Modi eyes first labour overhaul in decades to create jobs
India has a forest of labour laws, including anachronisms such as providing spittoons in the work place, and are so complex that most firms choose to stay small.
FM must present a business friendly, politically viable Budget
The record of the new government would be spotless but for the increase in rail fares and the delay in gas price hike
Weak monsoon no dry spell for Sensex
In shortfall years, index's returns have been higher than the 10-year average.
Pre-Budget consultations: DTC faces cold treatment
The original DTC draft was put in the public domain in 2009 but revised the next year before being presented in Parliament.
Modi govt's big economic mistakes
It is odd how governments don't learn from their predecessors' mistakes, says T N Ninan.
2 IITians quit plush jobs to open 'Chaayos'
Quitting high flying jobs in the US, two IITians have joined hands to start a tea cafe chain 'Chaayos' in the NCR region.
Totally bizarre and WACKY vehicles
People go lengths to customise their vehicles. Here are some that will blow your mind.
Tax exemption limit under 80C may be hiked to Rs 2 lakh
There have been demands from bankers and insurers to hike the tax exemption limit from Rs 100,000 per annum to encourage household savings.
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| June 27, 2014 | | Murthy's growth plan for Infosys was right: Kamath
Asked if there was a timeline to see a turnaround at Infosys, Kamath said the country's second largest software services firm was a profitable company.
Why insurance firms are unable to sell more policies
With lower rates of renewal and lesser disposable income available to invest, insurers said the penetration has come down.
Will Surat manage to steal Mumbai's Rs 3 trillion diamond crown?
There are talks that Mumbai's prestigious Bharat Diamond Bourse may shift to Surat.
Modi's govt must not repeat mistakes that the UPA committed
NDA should not repeat former govt's mistake of holding back much-needed reforms
High demand for skilled IT professionals in India
Experts say bulk hiring and traditional IT skills on the wane, with over half of the rise in hiring focused on those with expertise
The lone supporter of FDI in defence
While most other big companies like Tata, Mahindra and Reliance remain non-committal on FDI, Nikhil Gandhi was the lone voice supporting 51 per cent FDI through the automatic route.
Narayana Murthy plans India JV with Amazon
Infosys Ltd co-founder N.R. Narayana Murthy is close to entering into an e-commerce joint venture in India with Amazon.com Inc through his investment firm, Catamaran Ventures.
How Chinese smartphone makers plan to take on Micromax, Karbonn
Made-in-China phone brands are eating away market share of prominent firms like Nokia and Samsung
Cities that have the most expensive hotels
India metros are travellers' paradise when it comes to accommodation.
Is Air India's turnaround still a dream?
While the latest airline to join the Star Alliance has met its target on occupancy for May, it remains woefully short on several other counts.
Scotch imports hit food-safety barrier, consignments held
Indian food inspectors find added colour, caramel and other ingredients during sampling of Scotch bottles, sold as single-ingredient products.
The return of the BlackBerry men
The troubled Canadian handset major has India and enterprise clients at the centre of its turnaround plans, notes Shivani Shinde Nadhe.
Flipkart launches 7-inch calling tablet for Rs 9,999
After e-commerce, Flipkart has jumped into the fiercely competitive smart device market in India by launching its calling tablet for Rs 9,999.
4 reasons why govt deferred gas price increase
A close examination of the government's decision-making process shows there were four specific reasons that influenced the Union Cabinet's Wednesday move to defer a decision on gas prices by three months, to September 30.
Apple launches new 16GB iPod touch at Rs 16,900
Later this year (in fall - September), the device will support the latest iOS 8 version.
4 Indians make it to the Forbes Asia philanthropy list
The list, comprising 48 people, also includes four each from Australia, China, Hong Kong, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan and
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| June 26, 2014 | | BSE: Top losers and gainers
The S&P BSE Sensex shed over 255 points and ended at 25,062.67 while the CNX Nifty traded 76 points lower and ended at 7,493.20.
More clean energy, less waste in last 5 years: Obama
In his address to the League of Conservation Voters Capital Dinner, Obama said right now, America generates more clean energy than ever before.
RCom fund-raising has cheered the Street
Further deleveraging needed to cut net debt and sustain operational improvement
BMW launches X5 diesel at Rs 70.9 lakh
Initial deliveries of the all-new BMW X5 in India will commence by June as an overwhelming demand for the vehicle in the market has pushed the waiting period to three months.
The 5 best SUVs in India
The cars that every man dreams of.
Mandi House section of Delhi Metro opens to public
The metro section opened at noon on Thursday for the general public.
Here's a quick-fix that can help India recover from the lows
Income inequality is a big concern in india.
Google to launch sub-$100 smartphone in India
Google Inc's Android software is coming to cars, televisions and watches this year, as the Internet search giant races against Apple Inc and other tech companies to extend its business into a rapidly broadening field of Internet-connected devices.
How to avoid late fees on credit card dues
According to data provided by Bankbazaar.com, for most banks, late payment fees range from Rs 100 to Rs 1,000, depending on the dues.
World's longest road networks, India is No 2
Interstate Highways, State highways and US highways make the road network in US among the world's best.
30 countries where petrol costs more than India
There are 42 countries where the fuels costs more than India.
Will the markets see a pre-Budget rally?
In only two of the past 12 occasions has the BSE S&P Sensex recorded a gain during the month before the Union Budget's presentation.
BlackBerry Z3: Sleek, stylish and FAST
Essentially, this is BlackBerry's cheapest device that runs its latest operating system, BlackBerry 10.
The controversy over India's fiscal deficit
Arvind Panagariya explains why his suggestion of the fiscal deficit at 4.5% of GDP differs from P Chidambaram's 4.1% in the interim Budget.
Vegflation should be tamed before it kills the economy
Cutting to the chase, the Indian economy will not budge until investors return.
Banks seek stringent norms for defaulters
Uniform NPA classification proposed; Kingfisher, Winsome Diamonds among top 3 in finance ministry's top-50 defaulters list
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| June 25, 2014 | | BSE: Top losers and gainers
The 30-share Sensex ended down 55 points at 25,314 and the 50-share Nifty ended down 11 points at 7,569.
Govt to slap additional penalty of $578 mn on Reliance
The government plans to impose an additional penalty of $578 million on Reliance Industries for producing less-than-targeted natural gas from its eastern offshore KG-D6 block.
Why Jhunjhunwala is betting high on retail
Billionaire investor Rakesh Jhunjhunwala's optimistic outlook on India's consumption sector sent retail stocks soaring on Tuesday.
India slips in FDI rankings
Position as most-favoured destination moves down a notch to fourth, says Unctad report.
India's longest rail-cum-road bridge in a limbo
Originally scheduled to be inaugurated in 2009, Bogibeel Bridge, the country's longest
How Merc is wooing first-time luxury car buyers
Priced at Rs 25-26 lakh (Rs 2.5-2.6 million) and launched a year ago, more than 2,500 units of the A and B Class are running on Indian roads.
Booked your train ticket early? Pay revised fare now
The Railways, which hiked passenger fares by 14.2 per cent from June 25 said those who have purchased tickets earlier at pre-revised rates, will have to pay the differences either at booking offices or in trains.
Why this hue and cry over Reliance-Network18 affair?
For more than a hundred years, media companies have been started and owned by corporates, in the US, Europe and in India as well.
30 days of Modi govt: Most boxes ticked on the Street
Most sectoral indices up; observers await Budget for details on policy reforms.
Why tax cuts will be key focus in Jaitley's maiden Budget
The key numbers in Mr Jaitley's Budget will be looked at closely to assess the extent of revisions they represent over what Mr Chidambaram had presented in February.
14 facts about India that will BLOW your mind
Did you know New Delhi's air is the most polluted in the world?
These cars can SAVE you thousands in fuel cost every month
Fuel-efficiency is an important factor that car buyers check before buying a car.
2 Indian cities among the world's FASTEST growing urban areas
Beijing and Mumbai are directly competing with New York and Los Angeles.
Jaitley's maiden Budget likely to focus on health care
Universal health scheme on the cards; Spend on the sector likely to be raised.
TCS CEO took home Rs 18.68 crore in FY'14
TCS chief executive officer (CEO) N Chandrasekaran earned a total of about Rs 18.68 crore in the 2013-14 fiscal.
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| June 24, 2014 | | Railways partially rolls back local train fares
Fares of first class monthly season tickets will be charged four times the second class monthly season ticket fares as is done currently.
Why replacing your life insurance policy might get tougher
If Irda's guidelines are implemented, cases of surrendering policies and making these paid-up might decline.
Tourism lessons that India needs to learn from Europe
The new government, it seems, wants to change the face of the tourism sector.
Rail fare hike drowns BJP bid to counter negative views
The Bharatiya Janata Party believes its point of view hasn't reached the people as convincingly as it should have.
BJP, Sena MPs demand roll back in Mumbai suburban rail fare
Maharashtra is going to polls later this year and the leaders of BJP-Shiv Sena alliance do not want the hike to spoil their chances of winning the polls.
Two things that can derail the Indian economy
The fact is that it will take two to three years to fix the economy, and it would be advisable to say as much and manage expectations.
Hyundai may hike prices if excise duty rises before Budget
The auto industry body has been lobbying hard with the government for extension of the reduced excise rates.
Apple to take on Samsung with bigger iPhones
Apple Inc's suppliers will begin producing larger versions of the iPhone in China next month.
FIFA 15: The ultimate football game
Every player in the game will have 'memories' and show 'emotions' based on what's happening in a match.
Seven years on, retailers still see red
Competition from kirana stores, low margins and property and supply chain issues delay break-even.
3 BEST Windows 8.1 tablets
Android and iOS tablets may rule the market but Windows tablets do make a lot of sense if you want a device that doubles up as a laptop.
'Budget will bring a simpler tax system for businesses'
This Budget will set a direction to increase the ease of doing business and restore confidence in the economy.
Should you opt for a high-value health cover?
Typically, an individual buys a health cover between Rs 3 lakh and Rs 5 lakh.
Budget 2014: Tax woes of multi-national cos likely to end
Budget may allow use of advance-pricing agreements for past cases.
Retail investors can now buy shares of listed companies
Don't count too much on the anchor investor quota, as it will provide stability to the stock for only a short period
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| June 23, 2014 | | Modi's pet project GIFT likely to create one million jobs
GIFT city has two components of development - domestic financial centre and international financial services centre.
How the fare hike can revive Railways
The organisation will have to stop operating on a cost-plus basis, and start competing in the marketplace.
5 EXCITING car launches in the next FEW months
Honda, Tata, Nissan have lined up amazing vehicles.
Railway Minister justifies fare hike, promises better service
"We understand that it is a bit harsh to hike the fares, but in the future it will only benefit the people and this is something that we cannot play politics with," Railway Minister, D Sadananda Gowda said.
How to play the great Indian PSU stake sale
The Securities and Exchange Board of India (Sebi)'s decision to require a minimum of 25 per cent public shareholding for government companies translates into around Rs 60,000 crore (Rs 600 billion) in divestments in the next three years.
FM to come out with reform measures in the Budget
Jaitley is widely expected to come out with reforms on subsidy front
30 billionaires SAVING the planet
Many have pledged billions of dollars to charity.
Black money in Swiss banks: UK tops, India at 58
India has moved up to 58th rank in terms of foreign money lying with Swiss banks, but it accounts for a meagre 0.15 per cent of an estimated $1.6 trillion total global wealth held in Switzerland's banking system.
Best places to visit on a low budget this monsoon!
Packages for this season are 30-40% cheaper than peak season and are for value-conscious travellers.
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| June 20, 2014 | | India became home to 1.56 lakh millionaires in 2013!
The world is home to 1.76 million millionaires with collective net worth of $52.62 trillions.
BSE: Top losers and gainers
The S&P BSE Sensex closed 96 points down at 25,105.51 while the CNX Nifty ended 29 points down at 7,511.45.
NDA takes first tough measure, hikes railway fares by 14%
In an unpopular decision, railway passenger fare was on Friday increased by 14.2 per cent in all classes while freight charge was hiked by 6.5 per cent with effect from Friday.
Gold hits 1-month high of Rs 28,625 on global cues
Silver also spurted by Rs 1,800 to Rs 44,900 per kg on increased offtake by industrial units and coin makers.
Exchange an old phone for BlackBerry Z30, get Rs 5,000 off
Samsung and Apple already have similar offers on their flagship Galaxy and iPhone ranges.
Why Mahindra Scorpio is Modi's favourite car
Discover why PM did his entire election rallies in the desi SUV.
The dangers of doing business in Uttar Pradesh
Growth and expansion of business has little or no possibility in UP, especially when the government is involved or policy changes are needed.
How Modi sarkar can put the economy back on track
In putting the country's economy back on the rails, it is best that Modi and Jaitley draw on grass-roots feedback and their own practical sense and native wisdom without allowing themselves to be sucked into the quicksand of economic punditry, says .
Life insurers expect robust growth in FY15
surance companies said that customer interest to buy products would be accentuated by tax incentives
20 countries with the largest foreign exchange reserves
Forex reserves include a country's gold holdings and convertible foreign currencies held in its banks, including special drawing rights and exchange reserve balances, with the International Monetary Fund.
Countries where software engineers make a KILLING
You will be surprised to know that among all the countries in the world a software engineer in Pakistan makes the most money.
10 states that make India rich
Maharashtra contributes the maximum to India's exchequer in terms of tax revenues.
Clearances for Sun-Ranbaxy merger may be delayed
Typically, CCI takes decisions related to M&As within 30 days, though it can do so within 210 days of the filing of application.
FM meets insurers; foreign investments top priority
Tax sops unlikely for the sector in coming Budget.
RIL's $30 bln capex plan has cheered the Street
RIL had been under pressure to utilise the cash on its books and these investment plans show how it has charted a way forward.
What led to Infosys' HR crisis?
N R Narayana Murthy's speech is an absorbing study on how great companies can be hurt if the right decisions are not taken.
Sensex valuation ratio at 3-year high
At 19 times the trailing earnings, valuations are above 2003, 2009 levels.
Connaught Place world's 8th most-expensive office location
Mumbai's Bandra-Kurla Complex (BKC) was ranked 16th and Nariman Point 32nd on the list of Top 50 Costliest Global Office Markets.
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| June 19, 2014 | | Idea launches 3G phone @ Rs 4,999
The device, which will be available in 11 circles, comes with a special offer for existing 3G users offering 3G data benefits of 1.6 GB and free Idea TV for three months, with a
Indian money in Swiss banks rise to over Rs 14,000 cr!
During 2012, the Indians' money in Swiss banks had fallen by over one-third to a record low level.
The shayaris and drama at the Reliance Industries AGM
It was more more entertaining that Comedy Nights with Kapil
Ford launches Fiesta sedan @ Rs 9.29 lakh
The 2014 Ford Fiesta will be available in three options -- Ambiente, Trend and Titanium, all powered by 1.5 litre diesel engine, the company said in a statement.
'Stay invested, Sensex will double in 5 years'
Anybody who is saying that in five years the Sensex will go to 60,000 is only saying that in the next five, years the Sensex will generate a CAGR of around 19 per cent, says U R Bhat, managing director of Dalton Capital Advisors.
Sikka effect: Infosys gains weight at the bourses
After four months of slide, the week since it announced a new CEO has seen the Infosys scrip gaining nearly 50 basis points in index weight.
16 companies that have survived over 100 years in India
From India's struggle for independence to economic liberalisation these firms have stood the test of time.
Fresh troubles for Jet-Etihad deal; Singapore begins scrutiny
Fresh troubles are brewing for Jet-Etihad deal.
A solar powered-plane that will go around the world!
The latest Solar Impulse 2 is the only airplane which will be able to fly around the world without a drop of fuel in 2015.
Why Gujarat's power story is hard to replicate
The state has more power than it needs, a profit-making distribution set-up and separate lines for domestic and farm users.
A few points the FM must consider in his first Budget
The finance minister has the difficult job of responding to this spirit of hope and yet getting the country back on a more sustainable fiscal path.
JPMorgan's investment bank ranked top in Q1
In a repeat of the previous year's results, the US bank came ahead of rivals Goldman Sachs, Deutsche Bank, Bank of America Merrill Lynch and Citi, which all tied for second place, according to industry analytics firm Coalition.
Poor rains? Consumer goods firms not affected
The reason is the resilience rural markets now have to a deficient rainfall.
Mumbai is the most expensive city for travellers
According to TripAdvisor, Jaipur is most budget-friendly city, followed by Chandigarh and Pune.
5 things to know before you test drive a car
This exercise precisely tell you how good the vehicle is.
No medical test sought? Your insurance claims may be rejected
For online plans, the drop-out rate for policy buyers increases if there are too many questions.
5 steps to contain food inflation
With a sub-normal monsoon looming, the government is worried about spiralling food inflation and its debilitating impact on the nascent economic recovery.
Now, travel in the Mumbai Metro for just Rs 5!
Mumbai Metro One (MMOPL) has decided to offer a promotional fare of Rs 5 between any two stations on the stretch on a trial basis, to woo people to commute in the city's first Metro during off-peak hours in morning, its operator.
Amazon unveils 3D 'Fire' phone
Amazon.com Inc's new cellphone seeks to offer shoppers instant gratification by recognizing thousands of products, television shows and songs and allowing users to immediately buy them.
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| June 18, 2014 | | Air India sacks 47 cabin crew members
Taking a tough stance to ensure discipline, Air India has sacked 47 members of its cabin crew and issued show-cause notices to 20 more on grounds of absenteeism.
Nita Ambani becomes first woman director on Reliance board
Nita Ambani, wife of Reliance Industries Chairman Mukesh Ambani, on Wednesday became the first woman to be appointed on the board of the nation's largest private firm.
BSE: Top losers and gainers
The BSE benchmark Sensex on Wednesday plunged about 275 points to close at 25,246 on across-the-board selling as costlier oil due to rising conflict in Iraq threatens to hurt the India economy.
Homi Bhabha's iconic bungalow sold for Rs 372 crore
'Mehrangir', the iconic bungalow of Homi J Bhabha, father of India's atomic energy programme, was on Wednesday sold at an auction for Rs 372 crore (Rs 3.72 billion), despite demands to turn it into a museum.
How much black money is stashed abroad? No one seems to know
The last government on March 21, 2011 commissioned the study on estimation of unaccounted income or wealth both inside and outside the country.
Reliance to invest Rs 1,80,000 crore in 3 years
Addressing Reliance Industries'40th Annual General Meeting (AGM) on Wednesday, Reliance Chairman Mukesh Ambani said the company will invest Rs 1,80,000 crore in next three years.
How the Indian Railways can revive its fortunes
The Railways' share of freight traffic has dropped to 33 per cent from 90 per cent in the 1950s.
Economic slump? Business outlook most optimistic in India
A resounding election victory last month for pro-business leader Narendra Modi, with the mandate to steer the economy out of its current slump and create more jobs, has revived consumer confidence in Asia's third-largest economy.
World's first cable car with an open-air upper deck
The Cabrio cable car in Switzerland is the world's first cable car with an open upper deck.
Hyundai i20, Maruti Swift better watch out; Honda Jazz is here
The car will be priced aggressively compared to its rivals.
BlackBerry's cheaper smartphone Z3 to land in India next week
BlackBerry will unveil the 'next generation BlackBerry 10 devices' on June 25.
Amazon to lift suspense over its 3D smartphone today!
Amazon.com Inc's newest mobile device, a smartphone that may sport a 3D screen, is the retailer's latest attempt to exert its influence over the way consumers shop online.
New gold ETF norms may make investment risky
Provision to invest in gold deposit schemes introduces credit risk to such funds
Policy tweaks in US shift Indian pharma's focus
As marketing rights for off-patent drugs in the US become less exclusive, companies are scrambling for fresh strategies to make up for the revenue loss.
17 SLEEKEST and most FUTURISTIC cars ever designed
Concept cars from the 1930s to the 21st century.
From board room to jail: Rajat Gupta begins prison term
Gupta was convicted in 2012 following a jury trial of passing confidential information about Goldman Sachs to Raj Rajaratnam minutes after he learned about them at the board meetings.
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| June 17, 2014 | | Rajat Gupta's 2-year jail term starts today
Sixty-five-year-old Gupta will serve his jail term at a minimum security satellite camp of the Federal Medical Center-Devens in Ayer, Massachusetts.
Technopark to create 45,000 fresh IT jobs
Technopark, which is poised to celebrate its silver Jubilee next year, provides direct employment to 45,000 IT/ITeS professionals through its 330 IT companies.
Why Modi govt should stick to its agenda
The prime minister has promised to fix investment, but world economy is still too weak to fund it.
This Boeing Jumbo Jet is an amazing hotel!
Here's the world's first hotel built onboard a real Boeing Jumbo Jet.
The 5 BEST cars you can buy under Rs 10 lakh
From sedan to utility vehicles, you can get really cool deals in this price range.
Taking away bonds regulation from RBI may hamper market: Rajan
The government-appointed Financial Sector Legislative Reforms Commission (FSLRC) has recommended a slew of reforms to overhaul the sector.
All eyes on Infosys dream team to revive company's fortunes
Infosys has brought back the old structure of shared responsibility between the CEO and the COO
DC Avanti: A Ferrari rival for just Rs 30 lakh
Dilip Chhabria's sports car is set to be launched this Diwali; first year's production already sold out
No union activity during office hours, Air India tells labour leaders
Air India is considering steps to bring down the number of recognised unions in the airline.
After easy start, Modi govt faces first key test
Wholesale inflation rate at five-month high in May; rupee breaches 60-a-$ mark, slides to lowest since May 5; Iraq crisis threatens to push global crude oil prices.
High growth stocks at reasonable prices
Though the stock markets have gone up, many offer good potential for returns.
Train travel to get costlier, hike in fares likely
The Railway Ministry is considering a hike in passenger fares in the Railway Budget 2014-15 slated to be presented by Railway Minister Sadananda Gowda in the second week of next month.
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| June 16, 2014 | | Renault launches Scala special edition @ Rs 10.51 lakh
The Scala is powered by a 1.5 litre diesel engine and 1.5 litre petrol engine.
Are Indian airports, metros world-class?
The building of the metro in south Bangalore has represented, to borrow a line, not the building of a city, but the sacking of a city.
BSE: Top losers and gainers
The benchmark S&P BSE Sensex declined 37.69 points, or
Beware! 40% of auto parts sold are fake
ACMA has estimated the value of fake spare parts in the after-market at Rs 10,500-14,000 crore.
Oppo R1: The Chinese device that feels like Apple iPhone
Despite good looks and features, the phone seems to be slightly overpriced.
The amazing success story of Chumbak
Chumbak was started with an initial amount of Rs 45 lakh, which its founders raised by selling their house in 2010.
It's easy for NRIs to invest in India but not repatriate
The run in equities, coupled with high interest rates, makes both the debt and stock markets attractive.
Key factors Jaitley must consider before presenting the Budget
Gold purchases have risen after the Reserve Bank of India (RBI) and the government lifted the restrictions imposed on imports in 2013.
Inflation at 5-month high of 6.01% in May
The reading for March WPI inflation was revised to 6% from 5.7% earlier.
Growth, inflation numbers encouraging but will they last?
IIP, inflation numbers bring cheer, but their sustainability is the key.
Railways gears up for high-speed trains
In May, the chairman of the Railway Board, along with the chairman of High Speed Rail Corporation, had inspected the work on the Delhi-Agra route.
Going to Brazil? Beware of fake world cup-themed apps
Security advisors have also cautioned those travelling to Brazil against fake and malicious versions of World Cup-themed apps.
What to do if your Gmail inbox overflows
The worst fallout of Gmail's massive storage capacity has been our unwillingness to delete anything from our inboxes.
Iraq crisis could spell fresh trouble for airlines
Fuel accounts for as much as 35-40 per cent of the operational cost of an airline.
10 reasons for the bull run
Let us understand where this bull market is coming from.
Vishal Sikka: A visionary who can turn around Infosys
Vishal Sikka is equally comfortable designing cutting-edge software as he is negotiating in the boardroom.
10 companies that profit MOST from WAR
Despite military spending is in a decline, the business of war remains a good one.
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| June 13, 2014 | | BSE: Top losers and gainers
The 30-share Sensex is down 348 points and the 50-share Nifty was down 107 points at 25,228.17 and 7,542.10 level, respectively.
Tata Group chief Cyrus Mistry meets Modi
Mistry took over as head of the $96.79 billion diversified conglomerate in December 2012.
Mumbai Metro turns out to be a big hit
A record 1.15 million commuters travelled on the newly-launched 11.4-km Versova-Andheri-Ghatkopar corridor of the Mumbai Metro.
The BIGGEST and the most POWERFUL companies in India
Banks and energy firms are the country's shining stars.
Murthy's best gift to Infosys: Vishal Sikka
Perhaps the greatest positive for Mr Sikka is his job knowledge and career record.
Why investors are shying away from FMCG stocks
Investment push by the Modi govt and draw-down of UPA's welfare schemes to put pressure on demand.
AirAsia India to start a fresh round of fare war
What is pretty clear is that Indian carriers will not allow AirAsia to win the tariff game - its USP.
Samsung's new high-end Galaxy Tab S at $399
Available in two sizes of 10.5 and 8.4 inches, these are the company's thinnest and lightest tablets to date.
Murthy silences his critics with Sikka's appointment
The succession strategy has an unmistakable stamp of Murthy's sharp management and leadership acumen - a trait he has been regarded for all this while.
Now, an antivirus product called Namo!
The latest to join the list is a technology company that recently launched an antivirus solution after the PM called Namo AV.
Why big advertisers still don't get a kick out of football
Coca-Cola ran an interesting campaign in the run-up to the Football World Cup, which has just kicked off.
Author of book on Sahara hopes to probe the group further
Tamal Bandyopadhyay was in Kolkata on Thursday evening for his book's launch at the Oxford Bookstore. Indrani Roy grabbed a few moments with him to file this report.
AirAsia to focus on smaller cities
Tha airline launches maiden flight to Goa; will begin service to Chennai on June 19.
Why Vishal Sikka decided to join Infosys
While growing up, Infosys was a real role model to all of us. The opportunity to lead this iconic company is something amazing, says Vishal Sikka.
Key issues Sikka will have to tackle at Infosys
This is the first time, perhaps, Infosys has appointed as CEO a person who has never managed P&L or has any experience in managing lakhs of employees.
The ugly side of the flamboyant Richard Branson
Tom Bower's new book offers an alternative view of entrepreneur Richard Branson, drawing attention to the need to dig deeper into business excesses.
Mozilla to launch Rs 1,500 Firefox smartphones in India
The software company has already tied up with handset makers such as Intex and Spice.
Soon, you won't need smartphone for mobile money transfers
Finance Minister Arun Jaitley might next month launch mobile banking services for people not using smartphones.
Vishal Sikka: A scholar who wants to learn at every stage
When Infosys announced its search for the new CEO in April this year, Sikka's name was nowhere in the list of probables that was speculated widely.
Murthy ends second innings with a masterstroke
His detractors now say they're believers again, after Murthy stepped down to allow Sikka to chart his own course.
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| June 12, 2014 | | Goodbye Infosys! Murthy to spend time with grandchildren
Grandchildren and books will take up most of NR Narayana Murthy's time after he retires for the second time from the company he co-founded with six friends over three decades ago.
The incredible success story of Vishal Sikka
From humble beginnings in Baroda to a Ph.D. from Stanford University and leading a turnaround at tech giant SAP, Vishal Sikka's zest for knowledge guided his decision to join India's second-largest software services firm Infosys as its next CEO and MD.
What has World Cup football victory got to do with markets?
"On average, the victor outperforms the global market by 3.5 per cent in the first month - a meaningful amount, although the outperformance fades significantly after three months," the Goldman Sachs report says.
Indians splurge most on hotel during vacation
The survey revealed that Indians are good at saving for their vacations in advance and having a dedicated vacation fund.
Vishal Sikka is Infy's first non-founding CEO
Ending all speculation, Infosys, India's second largest IT services company today announced Vishal Sikka, the former chief technology officer and member of executive board at enterprise software maker SAP, as the new CEO & MD.
Why the latest economic data is sure to make Modi happy
Consumer inflation has been averaging nearly 10 per cent for the past two years.
New tech, venture capital feed gold-rush among India's IT start-ups
With a modest workforce of 1,200, the 2007 start-up is already taking business from its bigger, established rivals, winning outsourcing contracts from leading US mortgage companies.
These green cars are sure to make you drool!
A look at some awesome electric cars that are pollution free and easy to operate.
4 Indian hotels among world's BEST
All of them are located in Rajasthan.
India's private wealth to rise 150% by 2018
The country jumped two notches from 17th in 2008 to 15th in 2013.
Interesting facts on Infosys CEO Vishal Sikka
Well known figure among the Silicon Valley elite, Sikka is the first external CEO for Infy.
Rajat Gupta's prison term starts on June 17
Justice Ruth Bader Ginsburg, who handles emergency applications from the 2nd Circuit, on Wednesday denied Gupta's request to stay out of prison.
Sensex ends up 100 points, auto shares gain
Government is set to release CPI for the month of May and Index of Industrial Production IIP for the month of April today.
Vishal Sikka is Infosys CEO, Murthy to step down on Jun 14
Sikka will take over from current Chief Executive SD Shibulal, one of the engineers who founded Infosys, on August 1.
Indian start-ups offer high salaries, flexible timings
Many Indian start-ups are doling out handsome pay packets, with junior level employees getting not less than Rs 5 lakh a year besides providing flexible work timings.
Over 1 million travelled on Mumbai Metro in 59 hours!
Over 10 lakh commuters travelled on the city's first Metro, which covers the 11.4 km-long Versova-Andheri-Ghatkopar corridor, in the 59 hours since the commencement of its services on June 8.
Domestic gas to be costlier soon
Govt mulls gradual increase in prices of domestic cooking gas, urea.
Tough road ahead for Sikka at Infosys
Team building, lifting the employee morale, stanching attrition rate are a few immediate tasks on his hands.
AirAsia India's inaugural flight takes off from Bengaluru
AirAsia India, whose top officials have promised to offer low and competitive airfares, will focus on connecting tier-II cities.
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| June 11, 2014 | | BSE: Top losers and gainers
The 30-share Sensex ended down 110 points at 25,474 after hitting a record high of 25,736 and the 50-share Nifty ended down 30 points at 7,627 after touching a record high of 7,700.
Key challenges for India Inc: Fraud, bribery, corruption
The survey revealed that unethical behaviour still persists, with a majority of respondents justifying unfair actions undertaken to survive the economic downturn.
Will India shine again under the Modi govt?
The Narendra Modi-led government included neither a 100-day agenda nor its five-year programme of action in the speech it had approved for the president to read out at the joint session of Parliament.
Here's how jobs can be created in India
Hinduja noted that there are lots of skilled people who are not able to get employment.
Toyota recalls another 650,000 vehicles for airbag flaws
Carmakers, including Toyota, Honda, Nissan Motor Co and BMW, in 2013 recalled 3.6 million vehicles because of problems with the airbag inflator that could potentially explode and injure the driver or passengers.
E-commerce heats up with football fever
Even smaller players like Bluegape.com have launched T-shirts, cups, wall clocks and other products inspired from the fan community.
Investing in consumer durables stock? Wait for a dip
A delayed monsoon and soaring temperatures across the country are added near-term positives.
Gupta approaches apex court in last-ditch effort to avoid jail
In a lengthy-118 page submission to Supreme Court Justice Ruth Bader Ginsburg, Gupta requested to remain free on bail, saying he is not a flight risk and if an appeals court rules in his favour, he will 'likely' be entitled to a new trial.
Hyundai's hydrogen fuel-cell car makes US debut
The hydrogen-powered vehicle is available for lease in Los Angeles and Orange Counties of Southern California.
Media-darling Infosys fights bad press
Monday's notices seek damages of Rs 2,000 crore (Rs 20 billion) each from The Times of India and The Economic Times, both owned by Bennett, Coleman & Co, and The Financial Express, owned by the Indian Express group, alleging some of their articles defamed Infosys.
AirAsia India to debut on June 12, fare war to heat up
AirAsia India, whose top officials have promised to offer low and competitive airfares, will focus on connecting tier-II cities to begin with.
World Bank forecasts disappointing growth for developing countries
In its latest report, the Bank has lowered its forecasts for developing countries, now eying growth at 4.8 per cent this year, down from its January estimate of 5.3 per cent.
Maruti Swift, Hyundai i20 TAKE ON their closest rivals
Six cars slug it out for supremacy.
India's pride: Amazing road and railway bridges
India's infrastructure marvels are its impressive network of road and railway bridges.
'Political meddling is at the root of India's power problems'
The whole of India's electricity system was synchronised and started to function as one giant machine.
How automated trading has driven the Sensex
Share of volumes through computer-generated algorithmic orders rising fast, but smaller players still trying to catch up in technology stakes.
| | | |
| June 10, 2014 | | Jaitley slams UPA govt over economic situation
Quoting Modi's oft-repeated statement that participation of states was important for country's growth, the finance minister said the government will take states along and address their issues.
BSE: Top gainers and losers
The 30-share benchmark index saw a mild recovery before ending at a new closing high of 25,583.69, up 3.48 points or 0.01 per cent.
Economy in crisis? India had 175,000 millionaire homes in 2013!
The rise was stronger than in 2012, when global wealth grew by 8.7 per cent.
Spicejet launches Monsoon Sale -- Rs 1,999 a ticket!
The fresh round of discounted fares is applicable for three days starting Tuesday on all SpiceJet flights from eight cities in South India.
Why India can't do away with taxes
the BJP is pitching for major reforms in the 'taxation regime' in its current form in India.
Govt may offer sops to real estate sector in the Budget
Developers have demanded lower borrowing cost for the housing sector as well as reduced taxes to promote affordable housing.
Top 20 countries most suited for business, India is far behind
Globally, corporate leaders have started pinning high hope on India.
5 AWESOME cars launched in June
The month saw two special editions from Mahindra and Chevrolet.
Domestic car sales up 3.08% in May
Total sale of vehicles across categories registered a growth of 13.22 per cent to 16,98,138 units in May 2014 as against 14,99,893 units in the same month a year ago, it added.
Weather dept scales down monsoon forecast
All parts except Northeast may get below-normal rain; govt reiterates assurance on preparations.
This man lives in a Boeing 727!
Complete with wings, and landing gear resting on pillars, it is where Campbell spends six months of the year.
Why Mukesh Ambani acquired Network18
Though, RIL did not mention reasons for acquiring Network18, industry watchers have been active in analysing reasons for the takeover.
Prez promises a lot but finding resources a challenge
For any government, achieving those goals would be a tall task, given the current resource constraint the government faces.
Will Asus Fonepad 7 compete with Samsung Galaxy Tab 3 Neo?
Despite a faster processor and a bunch of new apps, the Asus Fonepad 7 falls short on many fronts.
Why the Infosys turmoil is likely to continue
Today, staff morale down the line is low, attrition last year scaled a new high, and even clients have expressed concern at the state of things.
Non-home ATMs to be more user-friendly
Union Bank, Andhra Bank, YES Bank launch cash transfer.
Opening a bank account? Single address proof is enough!
In case the address mentioned as per 'proof of address' undergoes a change, fresh proof of address has to be submitted to the branch within six months.
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| June 09, 2014 | | BSE: Top gainers and losers
At close, the Sensex was up 184 points at 25,580 and the Nifty added 71 points to end the day at 7,654. Earlier in the day, the Sensex had hit a high of 25,645.
Government alert to deal with subnormal monsoon: Prez
The Indian Meteorological Department has forecast a below-normal monsoon this year because of the El-Nino effect.
What the Modi govt will do to get back black money
On its first day in office, the Union Cabinet headed by Prime Minister Narendra Modi constituted a special investigative team to unearth illicit money, including in the
Mumbai's pride: A swanky Metro rail service
Giving a major infrastructure boost to Mumbai is the newly launched Metro service.
Curbing food prices is Modi govt's top priority: Prez
The retail inflation accelerated to a three-month high of 8.59 per cent in April mainly due to increasing prices of vegetables, fruits and milk.
I-T laws that complicate your life
Many direct taxation rules lack clarity and the rulings on these also differ from case to case.
Modi govt can put India back on high growth path: Prez
The President in his address to the joint sitting of
Creating jobs is the new govt's biggest challenge
In an economy such as India's, jobs create themselves to a large extent, which is why the rate of unemployment is perennially low, at two-three per cent.
A peek into Modi's economic vision
Referring to our 'demographic dividend', with 65 per cent below the age of 35, the PM said skill development was a priority area.
What Jaitley should do to boost exports
The test of Jaitley's undoubted intellectual brilliance will be how he builds consensus and crafts policies that survive over a period of time.
What is Sensex riding on: Modi or cheap foreign funds?
ECB cuts rates to negative, Libor down to its lowest in 30 years
President to focus on Modi govt's revival road map
Economic situation, addressing price rise & jobless growth to be part of speech.
10 Made-in-India cars that are sold worldwide
Increasingly, more companies are making cars in the country and exporting them globally.
Do you want to know when it is a bull run?
It's a bull run when you offer your broker a car each morning so he doesn't need to take the Mumbai local to get to the terminal by 9.19 am.
How Jaitley plans to counter inflation
Jaitley, who is holding pre-Budget meetings with different stake holders, said it is the policy of the new government that 'Team India' will not be limited to the government sitting in Delhi but will also include states as equal partners in the growth.
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| June 06, 2014 | | 'Demystifying Sahara group was my biggest challenge'
Author Tamal Bandyopadhyay talked about his book Sahara: The Untold Story during a Rediff chat on Friday.
Mahindra launches XUV500 Sportz at Rs 13.85 lakh
The variant adds features such as 'Sportz' decals, alloy wheels with red inserts, and rear-view camera.
Why is good monsoon so important for the economy?
Agricultural growth is volatile and rain-dependent, among others.
New mobile subscribers: India beats China
India's share of global mobile users increases to 11.61% in January-March.
IMAGES: Narendra Modi chooses BMW 7 Series as his official car
Safety features include an on-board fire-fighting system, an emergency exit and an emergency fresh-air system.
GM launches Spark limited edition @ Rs 3.99 lakh
The car is powered by a 1-litre petrol engine.
Modi's 18-hour workday: Will it work wonders?
Working longer hours has nothing to do with working better.
How TCS keeps its huge workforce happy
The country's second largest employer in the corporate sector has over 300,000 men and women on its roles in 50 countries.
From Jalandhar to Brazil: Soccer balls turn revenue spinners!
Through FIFA-approved vendor brands and OEM players, manufacturers from Ludhiana and Jalandhar have been exporting sports products to Brazil for the mega sporting event.
Sensex to touch 100,000 by 2020? A reality check
From a low of 7,697 in October 2008, Sensex tripled to its current 25,000 during one of the most trying times.
Clients query Infosys on top exits, rising attrition
No impact of exits on client engagements, says company.
| | | |
| June 05, 2014 | | Economy to grow 6.2% in 2014-15: E&Y
The economic growth rate remained below 5 per cent for the second year in a row recording 4.7 per cent in 2013-14.
Merc launches India-made S Class diesel at Rs 1.07 cr
German car-maker Mercedes Benz on Thursday rolled out the locally made diesel variant of its luxury sedan S Class 350 priced at Rs 1.07 crore (ex-showroom Maharashtra).
Sky-high airport charges in India is a concern: Lufthansa
Lufthansa operates 46 weekly flights in India.
World's 10 most beautiful bank buildings
Building data company Emporis of Hamburg, Germany, recently compiled 12 of the most 'spectacular' buildings in the banking industry.
Here's PM's prescription for cleaner, greener planet
On the occasion of the World Environment Day, he said there is a need to reaffirm the pledge to protect environment and make the planet cleaner and greener.
Countries where you can EARN the MOST for simple jobs
If you are an unskilled worker in Luxembourg or France you will make at least a lakh per month.
Why car recalls are not considered a stigma in India
Tata Motors twice fixed faulty parts of the Nano.
The last ride: Why the nation still LOVES Ambassador
The car is unforgettable for its low-maintenance, reliability, and space.
Madhu Kapur writes to YES Bank shareholders
She urges them to vote against majority of resolutions at AGM.
Modi and his ministers will have to maintain work momentum
The government has already shown wisdom in its actions in not rolling back the previous government's good schemes.
FM may eye non-tax revenue in Budget to fund capital expenditure
The finance minister could review customs duty on crude oil, other exemptions.
Complete diesel price decontrol unlikely
Ministry may seek to retain control even after underrecovery becomes zero.
How Telangana can become an investment hotspot
It was felt that while Andhra Pradesh overall and Hyderabad had prospered, too much of that prosperity had been funnelled because of state politics to the influential coastal districts of the state.
Sensex to hit 1,00,000-mark by 2020!
The BSE benchmark Sensex can possibly touch 1,00,000-mark in the next six years if the
| | | |
| June 04, 2014 | | Rate hike still a risk if monsoon disappoints
With the monsoon set to start in the country this week, the Meteorological Department has placed the odds of El Nino -- which can affect wind patterns and trigger both floods and sharply reduced rains -- at 60 per cent.
3 handy tips to gain maximum tax benefits
Always remember to check whether the recipient of the charity has valid 80G approval
Supreme Court rejects Subrata Roy's bail plea again
The apex court asked Securities and Exchange Board of India to release title deeds of the property to be sold by Sahara in favour of purchasers for arranging the money.
18 countries struggling with inflation WORSE than India's
In countries such as Venezuela and Syria prices are doubling every year.
Rupee seen weakening as RBI continues to intervene
The rupee ended at 59.39 to the dollar on Tuesday, compared with its previous close of 59.17.
Arun Jaitley to start pre-budget consultations
Finance Minister Arun Jaitley will kick off pre-budget consultations with different interest groups from Thursday, starting with the representatives of the farm sector.
'US must signal readiness to do business with Modi'
According to Curtis, the US should seek to work with the new BJP government to enhance India's role in demonstrating America's commitment to the Asia-Pacific.
Microsoft Devices launches Nokia 225 for Rs 3,329
An intenet phone; it comes with 2.8-inch display and 2MP camera.
Modi effect: Companies to go on a hiring spree
It is just a week since Narendra Modi has taken over as prime minister and hiring sentiments have started showing a positive trend.
Incredible speed: World's 12 fastest cars!
Hennessey Venom GT is the world's fastest car.
Mallya Jr. gives up family business to pursue an acting career
He has shifted to Los Angeles and registered himself as Sid with the Screen Actors Guild.
Modi govt is robust and dynamic, says America Inc
The Narendra Modi-led
How Modi can build a world-class railway network in India
Indian Railways should aim for a quantum growth in traffic. This will require investments in new infrastructure, including 125 capacity expansion works on the shelf, costing about Rs 35,000 crore.
Obama's clean air policy to benefit India and China
The path breaking clean energy policy unveiled by the Obama administration would put the US at a disadvantage against countries like India and China, top US lawmakers and policy advocacy groups have said.
Tips to help you select best stocks
Apart from the individual company performance, it is also important to look at the sector's performance.
Price war: Fly AirAsia for Rs 5, IndiGo at Re 1!
AirAsia's Rs 5 basic fare offer has triggered competition and criticism from rivals, with market leader IndiGo launching a Rs 1 basic fare on AirAsia's inaugural routes and SpiceJet Chief Operating Officer Sanjiv Kapoor questioning the silence of the Directorate General of Civil Aviation (DGCA) on the price war.
US workers' groups boycott Infosys, IBM, Manpower
Three groups blame companies of excluding locals from hiring in the country.
AirAsia flies into DGCA turbulence once again
Three groups blame companies of excluding locals from hiring in the country.
| | | |
| June 03, 2014 | | World's 10 most expensive public transportation systems
In some countries, travelling by public transport can tell upon one's daily budget.
Turban, beard make me stand out in a room: Mastercard CEO
India-born Mastercard CEO Ajay Banga has said that his turban and beard make him stand out in a crowd and has undergone random searches at US airports even though he runs a global company, underscoring the need for diversity in the multi-racial country.
Modi's task force to bring back Rs 692,328-crore black money!
A special task force which would comprise the Financial Intelligence Wing, enforcement directorate, directorate of Revenue Intelligence and the Income Tax department, has been set up for the purpose.
Hyderabad Metro rail to start trial run soon
The first metro train that was rolled out from Korea to Hyderabad recently will be put on tracks for test and trials in the next couple of days.
Experts hail RBI's measures to boost the economy
What's encouraging is that the process of unwinding some of the extraordinary steps taken in last July-August is continuing, so moreliberalisation is back on their agenda.
Factors that can arrest rupee fall
The RBI is expected to build reserves so the source of primary liquidity creation is backed by forex reserves.
RBI loosens credit to support economy, keeps rates on hold
RBI sees marginal improvement in economic growth to 5-6%.
Countries with the WIDEST gap between rich and poor
The global economic slowdown that started in 2008 has changed the dynamics of many major economies.
IT sector bets big on Telangana
Sector is hopeful that the Telangana government would bring clarity on industry-related issues such as taxation, single-window clearances and incentives to start-ups.
Gold prices may fall to Rs 25,000 per 10 gm
The metal sees 10% drop in a month; it is expected to fall to about Rs 25,000/10g in the near future.
Markets end at record highs; Nifty ends above 7,400
Benchmark share indices ended at record closing highs as the cut in statutory liquidity ratio by the Reserve Bank of India at its policy meet today will help inject liquidity, paving the way for credit growth revival.
Speculation over next CEO, exit fears cloud Infosys
Employees, clients concerned about further top-level exodus; could hurt productivity, say experts.
Scorpio's ride on the Modi wave
Since its launch back in 2002, the Mahindra Scorpio has never had to piggyback on a brand ambassador to sell itself.
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| June 02, 2014 | | Qatar Airways keen to buy stake in IndiGo
There was no word from IndiGo's CEO Aditya Ghosh.
Now, fly to Singapore for just Rs 5,999!
Singapore Airlines' budget arm Tigerair on Monday announced one-way all-inclusive special fares for Singapore-bound passengers, starting from Rs 5,999 from its six destinations in the country.
Is Nokia XL a good buy at Rs 11,500?
At 190g, this phone is noticeably heavier than nearly everything else of its size on the market.
9 CEOs with the WORST reputations
Most employees don't like them.
5 things about Vishal Sikka who is likely to head Infosys
A well known figure among the Silicon Valley elite, Sikka recently quit his job at SAP.
Maruti, Hyundai sales up in May as new govt brings hope
The phenomenal success of Xcent, Grand and Santa Fe increased volumes creating positive momentum
What India Inc, global investors expect from the upcoming Budget
The Budget, will be a mega-signalling device in terms of policy, as well as a document outlining public finance projections.
What makes HTC Desire 816 so popular
A big screen with some decent features & performance make HTC Desire 816 worth possessing.
Telangana, Andhra are next big realty investment destinations
While Hyderabad a key market, developers say Tier-II and Tier-III towns in both states to catch up soon.
RBI's '007' Rajan faces pro-growth boss in Modi
The Governor of the Reserve Bank of India may need all the suave charm of the fictional British spy to sell that same hard-nosed agenda to a powerful new prime minister.
New Tata Aria: Most comfortable car in its segment
Ride quality is the car's biggest forte, and it glides over most potholes and bad roads smoothly.
Economy seeing blue sky, time to focus on growth: KV Kamath
The ICICI Chairman said that a decisive mandate that has emerged from the general election results is a very positive development.
Air India to go to Modi with lifeline proposal
Approval needed for Rs 10,000 cr of tax-free bonds, plus Rs 3,000 cr of cash infusion, both apart from year's scheduled Rs 5,500 cr of equity infusion.
Murthy's return to Infosys: A year later
Despite a shrinking market share and declining profitability, Murthy's return helped Infosys get a double thumbs-up from investors.
Bottoms up! Countries that consume most alcohol
About 250 billion litres of alcohol is consumed all across the world, with European nations leading the pack.
Soon! Renault's limited edition Duster @ Rs 9.9 lakh
India is among the top five countries, which contributes significantly to the overall sales of Renault Duster worldwide.
| | | |
| June 01, 2014 | | People put two-thirds of their savings in houses, gold
In 2012-13, financial assets, including banks deposits, mutual funds, equity, bonds, and pension and insurance funds, accounted for only a third of all household savings, down from nearly half in 2006-07.
| | | |
| May 31, 2014 | | Why India Inc pins hope on Modi for economic rebound
India's economic growth remained subdued at 4.7 per cent in 2013-14 and at 4.6 per cent in the fourth quarter of the financial year, mainly due to a decline in manufacturing and mining output.
Diesel prices hiked by 50 paise per litre
The monthly hike in price came after several rounds
'Approvals granted to AirAsia illegal'
The FIA termed as 'illegal' the clearances granted to the airline by the Finance Ministry and the Foreign Investment Promotion Board and called the grant of Air Operator's Permit or the flying licence to it 'fraudulent'.
Obama's prescription for a greener world
In his weekly address to the nation, Obama discussed new actions by the Environmental Protection Agency to cut hazardous carbon pollution, a plan that builds on the efforts
Movement of rupee during May
Traders will now focus on the RBI's monetary policy review next week which will be key in helping get some clarity on the central bank's thoughts on the outlook for inflation and rates.
| | | |
| May 30, 2014 | | India sees worst slowdown, GDP growth at 4.7% in FY14
India's economy grew 4.7 percent in 2013/14, marking a second straight year of sub-5 percent growth -- the worst slowdown in more than a quarter of a century.
Gujarat govt tells Maruti to rethink VAT refund
MSIL has been asked to suggest a new formula.
Talent shortage: India ranks 3rd in the world
According to ManpowerGroup's survey of more than 37,000 employers in 42 countries and territories, employers in Japan report the greatest talent shortages globally (81 per cent), followed by Peru (67 per cent) and India (64 per cent).
Avoid online route to buy our cars: Renault
Company names Snapdeal.com, Flipkart, Amazon & others in the public notice.
This is how Rajan plans to fight inflation
Indian bond yields fell on Friday after Rajan's remarks, showing the level of concern about high inflation and investors' anticipation that the RBI will continue efforts to stabilise the economy.
Made in India! BMW launches stunning X5 at Rs 70.9 lakh
Rolled out from its Chennai plant, the all new X5xDrive30d, is around Rs 10 lakh cheaper than the previous imported models.
Meet the 4 top candidates in race to head Infosys
Experts believe the merits of Infosys' insiders lie in their youth.
Big-bang capital market reforms on the cards
Finance ministry lines up major plans to be implemented within three months.
5 Indian women among the world's most powerful
PepsiCo's India-born Chief Indra Nooyi is 13th; Cisco Chief Technology and Strategy Officer Padmasree Warrior is 71st on Forbes list on '100 most powerful women'
Dull day at Dalal Street; Sensex ends flat
Hindustan Unilever and pharma stocks were on buyers' radar; rate-sensitives faced jitters ahead of the credit policy.
3 useful tips to choose the right insurance policy
One should choose a suitable insurance policy which does not disturb lifestyle.
Ex-Microsoft CEO Ballmer to buy NBA's LA Clippers for $2 bn
A group of Los Angeles investors also bid $1.2 billion for the team.
ONGC accuses RIL of 'stealing' gas, claims Rs 30,000 cr loss
Oil and Natural Gas Corporation (ONGC) on Thursday told the Delhi High Court that it has suffered loss of gas worth Rs 30,000 crore as a result of Reliance Industries Ltd (RIL) exploiting gas from its natural gas block in Krishna-Godavri basin.
High speed train to connect Delhi-Agra in 90 minutes!
With high speed trains on the priority list of Prime Minister Narendra Modi, Railways held a meeting on Thursday to take stock of the progress of a pilot project of running such a train on the Delhi-Agra section with a target of making it operational by the year-end.
The HAPPIEST countries in the world
Switzerland's residents are the most satisfied with their lives.
Own an SUV? Here's what you can do for adrenaline rush
Adventure companies are organising events that let you off road with your powerful cars and test them to full potential.
A Russian train on a unique mission!
This train in Russia is a free consultative and diagnostic medical centre.
What Mohandas Pai has to say about Infy crisis
In a surprise move on Thursday, Infosys President and board member B G Srinivas, considered a top contender for the first non-founder chief executive officer post, resigned from the company.
Will the govt curb free tickets to AI staff's relatives?
New Civil Aviation Minister Ashok Gajapathi Raju has indicated that the new government could review the free passage scheme offered by cash-starved Air India to its 24,000 employees.
| | | |
| May 29, 2014 | | Why the RBI is buying dollars at a fast pace
If inflows continue, some experts see rupee touching 55 to the dollar, in the near term.
AirAsia India to start flying from June 12
Ticket sales to open from Friday, says group CEO Tony Fernandes
Infosys running out of time to name new CEO
The departure of Srinivas, the 10th senior executive to exit in the last year, widens a leadership vacuum at Infosys as it searches for a new chief executive.
11 MOST beautiful train stations in the world
The spectacular and culturally significant places will take your breath away.
Countries where politically CONNECTED businessmen prosper
Russia is the worst but India is not too far behind
Will bring back black money in 150 days: Rajnath Singh
The Bharatiya Janata Party (BJP) has long spoken of the need to unearth illegal tax-evading accounts held by Indians abroad.
Google's self-driving car has no steering wheel or brakes!
Google Inc is building cars that don't have steering wheels, accelerator pedals or brake pedals, in an ambitious expansion of the Internet company's efforts to develop self-driving cars.
Modi effect bails out 100 penny stocks
Rise in m-cap to above Rs 10 crore (Rs 100 million) could help companies avoid illiquid tag, though analysts advise caution on investing in such scrips on present mood alone.
The world's BEST airports for SHOPPING fanatics
Go crazy shopping for your favourite goods from around the world.
Vote! Is Arun Jaitley the right choice for FM?
Will Jaitley be successful in achieving an economic turnaround?
What makes the Ford EcoSport a big winner
Low price, great technology are just a few of the reasons the EcoSport stands ahead of other vehicles.
Sensex loses over 300 points; Infosys slumps around 7%
RIL, HDFC Bank, Hindalco, Coal India among the top losers.
Apple to buy Beats, music mogul Iovine for $3 billion
Beats co-founders Iovine and rapper Dr. Dre will join Apple as part of the acquisition of the music streaming and audio equipment company.
20 companies offering the best salaries
Google continues to remain the favourite company for employees offering the highest salaries and best perks.
5 riders you should consider while buying a policy
There may be situations when a general life insurance policy may not be adequate to cover certain life uncertainties.
| | | |
| May 28, 2014 | | BSE: Top losers and gainers
At close, the Sensex was up seven points at 24,556 and the Nifty gained 11 points to end the session at 7,330.
RBI's hawkish stance to weaken rupee
RBI governor Raghuram Rajan said that fighting inflation would continue to be a top priority for central bank.
Every Indian to have a house by 2020, says minister
UD Ministry will also give priority to linking of twin cities and infrastructure development of satellite towns and cleaning of religious cities across the country.
Jaitley to bank on states to push GST
The United Progressive Alliance government in 2011 introduced a Constitution
Toyota Corolla: It's reliable, has a low cost of maintenance
It is meant for the rear seat loving owner, who couldn't care much about engine power, or the transmission.
6 immediate tasks for the new finance minister
The government will have to allocate more resources for banks in the Budget.
Will Mahindra Scorpio be PM Modi's official car?
The Prime Minister currently uses two custom-built BMW 7 Series cars, one being a decoy vehicle.
Datsun Go+: A Maruti Ertiga competitor for around Rs 5 lakh
It could turn out to be the cheapest multi-utility vehicle.
Dalal Street readies wishlist for the new finance minister
Investors want lower securities tax, tax breaks on equity investments.
Fiat Linea: The sedan best tuned for Indian roads
Though underpowered, the ride quality feels plush.
Markets end flat ahead of May F&O expiry
Coal India, ONGC, M&M and Tata Motors among the top losers.
What the realty sector wants from Modi
The urban development ministry is expected to repeal the existing restrictions on real estate firms by allowing foreign investment up to 49 per cent, free
Adani in realty push, lines up projects
It announced a Rs 4,400-crore (Rs 44-billion) acquisition of the Dhamra port the day election results gave Prime Minister Narendra Modi a superlative win.
Can Modi's dream team revive the economy?
The ministers have begun the Herculean task of arresting price rise, reviving investor confidence and boosting growth.
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| May 27, 2014 | | Toyota launches all new Corolla Altis at Rs 11.99 lakh
The model has sold more than 88,500 units since its introduction in India in 2003.
BSE: Top losers and gainers
The Sensex closed lower by 167 points at 24,550 mark and the Nifty slipped by 41 points at 7,318 levels.
Can Sadananda Gowda put railways back on track?
In a short stint as Karnataka Chief Minister, he managed to earn a good reputation. Can he replicate the success?
Rajan calls on Jaitley; discusses inflation, economy
The meeting, which comes just days before the next bi-monthly monetary policy review on June 3, lasted for about 50 minutes.
The BEST bosses in the world
Employees rate their favourite CEOs.
Can the stylish Hyundai Grand i10 take on Maruti Swift?
Hyundai's Grand i10 jostled with Maruti's Swift, making space for itself in a sub-segment that is witnessing growth.
The DEPRESSING tale of Bengal's Hind Motor factory
Hindustan Motors on May 24 declared suspension of work at this unit, popularly known as Hind Motor factory.
Why the next 30 days is good to buy real estate
Nearly 60 per cent of Indians think that next one month would be a good time to buy real
Jaitley promises to contain inflation, promote growth
The minister said the entire policy of the new government would be spelled out in the next few days.
After record loss last FY, SpiceJet revamping ops
After FY14's record loss, SpiceJet cuts capacity, chases costs, redraws flight schedules and puts more money in marketing to attract corporate travel.
Modi effect: 172 stocks zoom by 100%
These include Adani Enterprises, BEML, TVS Motor, KEC International, Sintex Industries, Ceat and Suzlon Energy.
India Inc celebrates as Modi checks in at the Centre
Admen Piyush Pandey and Prasoon Joshi, who were behind BJP campaigns including famous 'Achhe din aane waale hai', were present too.
Profit booking drags Sensex 167 points lower
The main losers on the Sensex were GAIL, BHEL, M&M, Tata Power, SBI, Coal India, ONGC and HDFC.
Why Samsung Galaxy S4 is ranked the best smartphone
This year Galaxy S4 has topped the survey with more than 72 per cent respondents voting for the launch as very successful.
Why India needs to have 'economic democracy'
As an ideal, economic democracy is not easy to define, but its core principle is to prevent any concentration of wealth that inhibits economic freedoms of society as a whole.
| | | |
| May 26, 2014 | | Ambani, Hinduja, Adani lead India Inc at Modi swearing-in
Hinduja Group of Companies (India) Chairman Ashok Hinduja as well as Essar head Shashi Ruia and its CEO Prashant Ruia were present.
Meet Arun Jaitley, India's next finance minister
With big promises to revive the economy, Arun Jaitley will have a tough task ahead to live up to the expectations of the industry, investors and common man.
Rupee may appreciate above 58
Markets were trading near their day's highs, led by capital goods and financials
Maruti launches CNG variant of Celerio at Rs 4.68 lakh
The petrol variant of the Celerio VXi is available for Rs 4.06 lakh (ex-showroom Delhi).
Economist close to Modi lists 3 reforms for the new govt
Arvind Panagariya is widely expected to take a top advisory role in prime minister-elect Narendra Modi's government.
Samsung Gear 2: A smartwatch with great features
Gear 2 is a distinct improvement over its predecessor, and besides being a smartwatch also bundles in a number of functions of a fitness band.
Why Singapore has become the top FDI source to India
The GAAR provision will apply to entities availing tax benefit of at least Rs 3 crore.
Volatile markets end flat; await Modi's cabinet
Markets ended flat, amid a volatile trading session, as investors booked profit at higher levels.
Murthy tells employees to 'think big and act boldly'
Under a year of him as executive chairman, Infosys, has had "stellar" performance, N R Narayana Murthy said of his second innings at the top in an email to employees.
New finance minister to face Budget rush
The minister customarily meets industry chambers, industrialists, economists, agriculturalists, trade unions and so on for pre-Budget interactions.
World's favourite brands: Google beats Apple
Google has surpassed Apple to be ranked as the world's top brand in terms of value.
High on Modi but will the stocks deliver?
One reason for the spurt, especially in infrastructure-related stocks, has been the expectation of moves to resolve issues such as coal and gas availability, faster approvals and boosting of overall economic growth.
The AMAZING story of Ambassador cars
Ambassador has been the people's car, the politician's car, and the India's Rolls Royce all rolled in one.
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| May 23, 2014 | | Infosys bags Green Oscar for eco-friendly buildings
India's information technology major Infosys bagged the prestigious Ashden Award for Sustainable Buildings, referred to as the Green Oscars.
How Volkswagen plans to take on competitors
After losing market share, the German car maker wants to enter its competitor's turf of compact sedans and SUVs.
10 BEST selling products of all time
All-time bestsellers that have transformed industries and defined businesses.
Now, a Modi tourist circuit in Gujarat
Tourism in Gujarat stands Modi-fied.
Why this is a good time to invest in stocks
Indian equities are poised for good years, so stay invested even through a few sharp corrections.
How policy change can create more jobs
The more sectors contribute to growth, the more employment growth will generate. There are no short cuts.
Made in China: Comac's first passenger aircraft is ready
China is now ready to deliver its first indigenously built aircraft.
Sugar industry has high hopes from Modi govt
The price at which mills buy sugarcane is fixed by the Uttar Pradesh government.
SsangYong Rexton TAKES ON its competitors Fortuner, Pajero
When it comes to price versus the features, Mahindra's beast is a clear winner.
India must crack down on Swiss banking malpractices
The charges of aiding tax fraud, to which Credit Suisse has admitted, are serious and reflect the deep malaise that afflicts the Swiss banking system.
Markets end on a high; Sensex gains 300 points
SBI reached its highest level since May 2011; ONGC and RIL also had a good day.
Good news! Gold prices to fall further by Diwali
Following the Reserve Bank easing he 20:80 gold import norms, India Bullion & Jewellers Association (IBJA) said gold prices are likely to fall to Rs 23,000-24,000 per 10 grams by Diwali.
Sensex rally: India among top 10 global markets
India overtakes Australia following the election rally; market cap could cross $1.5 trillion in 12 months, close to that of Switzerland.
JLR launches locally produced Jaguar XJ @ Rs 92.1 lakh
The diesel powered luxury saloon, which is being manufactured at the company' Pune plant, will be available in two variants -- premium luxury and portfolio.
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| May 22, 2014 | | Airlines offer freebies to Singapore as demand falls
Industry sources say the demand for premium traffic on the route has shown a dip over the last few years and yields too have fallen.
9 Indian firms among the world's 100 most innovative
The list has been made on the basis of Innovation Premium, which Forbes described as a measure of how much investors have bid up the stock price of a company above the value of its existing business based on expectations of future innovative results (new products, services and markets).
India's 10 BEST selling cars
MSI's Ertiga was the second best selling model with 4,857 units, ahead of M&M's Scorpio that clocked 4,092 units during the month.
Gujarat's ambitious plan to build a world class city may fail
The state's plan to set up special investment regions, or self-sustaining large industrial townships, faces protest from farmers.
Flipkart acquires Myntra, to invest $100 million in fashion business
Financial details of the deal were not disclosed but a source in the company said the transaction was valued at close to $300 million.
RBI relaxes gold import norms
The new norms come into force with immediate effect.
Mumbai eatery delivers pizza using a drone!
The financial capital, notorious for its traffic snarls, has achieved a first in the country after a city-based pizza outlet used an unmanned drone to execute a delivery by taking the aerial route recently.
Inside the world's MOST spectacular gambling den
There is no casino more grand and more famous than the Casino de Monte Carlo in Monaco.
When should you transfer your existing home loan?
The interest rate difference should be at least 25 bps. If the existing lender gives the same rate for a fee, it may be more convenient.
Air India losing Rs 70 lakh daily on Delhi-Sydney route
Cumulative losses after Dreamliner launch stand at Rs 80 crore.
How to exploit a possible bounce in the dollar
In the past two months, FIIs have pumped over Rs 18,000 crore into Indian equity. The Nifty is up by 8% over that time period, as a result. The rupee is also up 2.5 per cent versus the dollar
Markets end with modest gains on global cues
US Federal Reserve's last meeting reassured investors that policy makers will continue to support the economy, better than expected China PMI also helped the sentiment.
Should you invest in gold now?
If you have a short-term horizon, it might be better to wait for a while, say analysts.
Modi effect: Will the Adani bull run last?
While fundamentals have improved, run-up in shares has been sharp and valuations do factor in near-term upsides.
12 stocks that can offer high returns to investors
Rising risk appetite amid higher confidence and attractive valuations favours these counters, apart from their performance.
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| May 21, 2014 | | BSE: Top losers and gainers
The 30-share Sensex shed 79 points at 24,298 and the 50-share Nifty slipped 23 points to 7,253 levels.
Surface 3 may replace laptops, says Microsoft
The company announced the launch at its 'small' Surface event, but didn't launch the Surface Mini rumored to debut at the presentation.
How Chanda Kochchar changed the fortunes of ICICI Bank
As she begins her second term as MD & CEO, Chanda Kochhar wants the bank to grow more than the industry not by taking on more risk but by building a strong base of customers and shunning the pell-mell marketing of credit card and personal loans to newcomers.
Modi rally draws retail investors
Brokers say individuals returning in big numbers, with hitherto inactive accounts seeing action.
SC asks Andhra court to decide on Ranbaxy-Sun Pharma merger
The Supreme Court has asked the Andhra Pradesh High Court to take a decision within two days on a plea challenging merger of Sun Pharmaceutical with Ranbaxy.
How Jet Air plans to turn around its low fare subsidiary
The airline has two operating permits and offers both full service and no-frills service in the domestic market.
India's top airlines: IndiGo remains No 1
IndiGo maintained its lead in Indian aviation sector cornering over 30 per cent market share.
This aircraft can put a 5-star hotel to shame
The opulent 'Residence' will feature a living room, double bedroom, separate ensuite shower room, and a trained Butler.
Is Narendra Modi the new hope for gold?
Indian demand fell 26 percent to 190.3 tonnes in the first quarter of 2014 from the same period a year earlier.
Gold smuggling rises as import ban continues
WGC had earlier estimated around 200 tonnes of gold was brought into India through smuggling in calendar year 2013.
10 WORST paid tech CEOs
These include executives from firms such as Google, Facebook and Apple.
Sensex, Nifty slip on profit booking; IT stocks back in demand
Infosys, TCS and HCL Technologies ended 1-2% higher due to weakness in rupee.
Is IndiGo blocking AirAsia's India plans?
Tony Fernandes had blamed Indian domestic carriers for preventing AirAsia's India launch earlier, too, but this was the first time he named an airline.
After rupee crisis, RBI shores up currency's defence
Even as money floods into India, the Reserve Bank is bracing for the worst, building up currency reserves and drafting a game plan to protect the rupee against the sort of rout that alarmed policymakers and investors last year.
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| May 20, 2014 | | 10 cheapest cities in the world, Mumbai tops the list
Despite Mumbai considered the commercial capital of the country, its name has secured first position in the top ten most affordable cities of the world.
SpiceJet checks on 'sick' crew, finds them not at home
The company's HR now sends flowers and a get well soon card to check in on its employees.
Modi rally charges up power, infra stocks
Banking on upturn in Indian economy, foreign brokerages upgrade Sensex targets.
Can Modi beat Singh's economic benchmarks?
Though the Sensex kissed 25,000 on Friday, analysts are not seeing farther than 30,000 by the year-end. They seem bound by 'cautious optimism', a legacy of the crisis years.
Sensex ends near 24,400 led by IT shares
Infosys, TCS and Wipro gained 1-3% contributing the most to the Sensex gains.
Which smartphones do Obama, Putin, Cameron use?
Is it Apple, or Samsung, or Blackberry?
Swiss bank helped its US clients evade taxes, fined $2.6 bn
Swiss banking giant Credit Suisse has pleaded guilty to the charges that it helped its American clients evade taxes and agreed to pay a penalty of $2.6 billion to avoid prosecution.
Can Modi deliver all that he promised?
Recent data suggest that the economy isn't out of the woods, and the PM-designate must live up to high expectations.
Microsoft launches 5-inch Android phone Nokia XL at Rs 11,489
The X family of handsets include Nokia's range of affordable smartphones that run Android apps.
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| May 19, 2014 | | Sahara willing to sell New York, London hotels to free Roy
The Supreme Court asked the Group to come out with a logical and acceptable proposal on paying Rs 10,000 crore.
How Modi can bring the economy back on track
Former RBI deputy governor Subir Gokarn outlines an economic plan for Modi sarkar.
Can Toyota Etios Cross take on Maruti Ertiga?
The ride quality of the Cross is best-in-class but it scores low when it comes to handling.
Monsoon may hit Kerala coast around June 5: IMD
A delay in rains for monsoon-dependent India could pose challenges for the country's next government, possibly pushing up inflation and denting economic growth.
Market rally: These stocks can offer high returns
The recent rally has seen investors' preference shift to high-beta and policy reform-driven sectors like capital goods, banking, power, infrastructure and oil and gas.
Lumia 630: For those who don't want an Android smartphone
Lumia 630 is no exception although this time the shape is more flat and blocky than usual.
What makes Moto E an impressive phone
The first-time smartphone user (a segment this device is targeting) would like to use the phone for email, social media, browsing and multimedia, besides the obvious functions of calling and texting.
6-point agenda for Narendra Modi
Narendra Modi will have to survive and create confidence by adopting policy measures that will benefit all.
Money matters: 5 key areas that Modi can bring big changes
Business Standard presents expert views on what changes can help improve the prospects of various asset classes.
Modi magic: Markets end at record highs
Markets ended at record highs on Monday on hopes that the new government would unveil reforms in the infrastructure space.
Modi effect: Sensex to hit 29,000 by December
Leading domestic brokerage Edelweiss sees the 'Modi-effect' play more on Dalal Street and has set a Sensex target of 29,000 and a Nifty target of 9,000 by December.
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| May 15, 2014 | | 10 mind-blowing products that women invented
From chocolate cookies-to-dishwasher-fire escape, women have invented it all.
World's largest flawless blue diamond sold at $23.8 mn!
The world's largest flawless fancy vivid blue diamond was sold at Christie's for a whopping $23.8 million.
Election results: Sebi, markets up vigil on stocks
The markets would open as per their normal time at 9 am and close at 3.30 pm on election day.
BSE: Top gainers and losers
The 30-share Sensex ended up 90 points at 23,906 and the 50-share Nifty ended up 14 points at 7,123.
Emotional Chidambaram bids adieu to Finance Ministry
Exit polls show the Bharatiya Janata Party-led National Democratic Alliance is set to form the government after votes are counted on Friday.
Polls okay, but when will the two Indias merge?
This year is supposed to be a year of change, and change there will be of political leadership and alliances.
Why 17 MNCs took Indian govt to international arbitration
What is also making MNCs go to international arbitration is that it is cheaper and faster, which Indian courts cannot promise.
The BEST airports in India
With airports in India seeing unprecedented developments, which have caught fancy of the fliers? Find out...
Tata-SIA's plans for India go beyond fare
The new airline will leverage business class seats to improve yield per passenger and fly only to big cities.
Google under CCI lens, other firms need to pull up socks
This is the third such matter relating to Google's AdWords to come under the lens of CCI in the recent past.
Good time to invest in small- and mid-caps
Emerging business theme-based funds basically invest into mid and small-cap stocks, which normally have the potential to grow faster.
Cracks in China's economy could hit the Sensex
The ripples of the Chinese property slowdown could be felt far and wide across the world.
Builders bet on Modi govt, ask buyers to invest now
The sector, struggling with low sales and high inventory, might get a push after elections.
Elephant Amazon strides quietly as rivals scurry around
Next month, US e-commerce giant Amazon is set to complete a year in India.
How Modi made Gujarat flourish with funds from Delhi
The author tries to separate the hyperbole from reality in the Gujarat model.
Upbeat markets end at record highs ahead of election results
Renewed buying interest in late trades on hopes of BJP-led NDA win pushed indices to record closing highs.
A BJP govt may make retail FDI policy more investor-friendly
FDI inflows into the country have been declining over the past two years despite policy easing in about a dozen sectors.
'Gujarat model is good, but the highest growth rate is in Bihar'
Even though present times were fraught with challenges, there is still inherent, vast and untapped opportunity in India, concludes the 10th India Business Conference at Columbia Business School.
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| May 14, 2014 | | BSE: Top losers and gainers
The 30-share Sensex closed 56 points at 23,815 and the 50-share Nifty closed flat at 7,109.
'10% growth? India can achieve it!'
Exit polls indicate the BJP-led National Democratic Alliance under Modi will form the next government after votes are counted on May 16.
How Modi-led govt may boost jobs in India
As many as 15-20 million jobs may be created which could get a boost if BJP comes at the centre on its own.
MOST expensive billionaire homes; Ambani's Antilia ranks 1
The house has six stories of underground parking, three helicopter pads, and reportedly requires a staff of 600 to keep it running.
Modi sells Indian voters low-cost housing dream
India needs about 19 million low-cost homes -- roughly defined as costing a million rupees ($16,700) and below -- to shelter an urban population expected to nearly double to 600 million by 2030 from 2011.
Tata Motors needs to go off the beaten track
The company's domestic market share is down to low single digits from nearly 15 per cent a decade ago and its bread-and-butter commercial vehicle business faces a slowdown as well as intense competition.
Why RBI must start building reserves soon
Reserve Bank of India Governor Raghuram Rajan has been a consistent advocate of floating exchange rates and this may come in the way of his willingness to buy up dollars, thereby preventing the rupee from discovering its true value.
Nasscom prepares 5-point agenda for the new govt
The counting of votes of the 16th general elections are scheduled for May 16, following which the new Indian government will be formed.
Moto E: Motorola's next blockbuster phone costs Rs 6,999
Comes with the latest Android OS and has a slot for memory card.
Markets consolidate as May 16 nears
The 30-share Sensex closed 56 points at 23,815 and the 50-share Nifty closed flat at 7,109.
3 reasons why gold prices will decline further
Anticipation of favourable policies under a stable govt at the Centre, aided by a possibly stronger rupee, are expected to bring bullion price down.
As Indian market optimism soars, room for disappointment grows
More than half a billion people voted in five weeks of staggered balloting -- the largest ever exercise in democracy.
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| May 12, 2014 | | Wearable devices, the big talking point at tech pros' meet
Wearable technologies are also contributing to the increased use of Big Data.
Top 10 technology trends in India
Enterprises in India will continue to use BI to be transformative in their approach.
Cheapest major economy? It's India, of course!
According to a report by German banking giant Deutsche Bank, a weaker Indian rupee has allowed India to remain the cheapest major economy in the world despite persistently
BSE: Top gainers and losers
The 30-share Sensex ended up 557 points at 23,551 after hitting an intra-day high of 23,572.88 and the 50-share Nifty ended up 155 points at 7,014 after touching an intra-day high of 7,020.05.
E-Fan, the world's 1st electric aircraft will amaze you
Manufactured by Toulouse-based Airbus, E-Fan measures little more than 19 feet from nose to tail and makes slightly more noise than a hairdryer.
Karbonn to launch Titanium Hexa smartphone on Amazon
Pre-orders for the device will start from Tuesday and as part of the tie-up, Karbonn will start making the Amazon application available on its next generation smartphones starting with Titanium Hexa, priced at Rs 16,990.
3 smart important money lessons for your kids
It is never too early to start teaching children the value of money and the importance of finance planning.
3 BEST recently-launched small cars
The best small car for you...
What should you do with your investments on May 16?
As investors brace for the announcement of election results, the Volatility Index is surging. Here's how to negotiate the turbulence.
Xperia Z2 has subtle class
Sony's latest smartphone is a big improvement over its predecessor but may still find the competition tough.
Despite slowdown, Hyundai bets big on Xcent, Grand i10
Sales of recently launched Grand i10 and Xcent jump even as those of competing models drop in past two months.
Fundamentals, not hype, will drive stocks after May 16
Sorting infra mess will require a pragmatic approach by the Centre and states. It could take longer than the market expects
Jet, Etihad tweak agreement to get Sebi approval
Abu Dhabi is no longer exclusive hub for Jet, Etihad won't recommend candidates for Jet management.
3 crucial reforms the new govt is expected to bring about
For a perennially supply-short economy, that's an unquestionable imperative since it otherwise results in productivity languishing at abysmally low levels.
How to make Varanasi fit for the 21st century
Varanasi has a management problem, not an urban design problem.
FTIL chief Jignesh Shah arrested, but why are brokers left free?
Investigating agencies have finally taken Jignesh Shah, promoter of Financial Technologies into custody, ten months after the scam broke out.
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| May 09, 2014 | | BSE: Top gainers and losers
The Sensex sky-rocketed to 22,994, stronger by 650 points, after scaling 23k on an intra-day basis, and ditto with the Nifty, which zoomed by 198 points to end at 6858.
Indian cos more optimistic about growth compared to global cos
According to the survey by Deloitte India and National Human Resource Development, 35 per cent of Indian businesses are expecting a strong growth this year while another 45 per cent feel that it would be moderate.
FinMin nixes India Post's plan to set up a bank
Tells RBI this is not the time to consider such a foray, especially given the lack of funds to spare for such a venture.
AirAsia must fine-tune strategy if it wants to survive in India
Low cost carrier AirAsia is likely to start operations in India by year-end.
Global food prices drop 1.6% in April
The FAO's food index of 55 items averaged at 209.3 points in April this year, down by 1.6 per cent from March and 3.5 per cent below April 2013.
The world's most tech-ready countries; India ranks 83
India's scores low due to poor quality of its political, regulatory, and business environment.
10 longest-serving tech CEOs of the world
These leaders also created wealth for their investors.
SPECIAL: The economy's El Nino risk
If the weather phenomenon hits India, impact will be felt across sectors; be cautious on stocks based on rural consumption.
15 crazy jobs that will exist in the future
Jobs that will be commonplace in 2030.
Everything you want to know about limitations of Apple IDs
As parents come to realize the limitations of their Apple ID and Google Play strategies, they are frustrated.
Domestic car sales down 10.15% in April
Sales of commercial vehicles were down by 24 per cent to 43,080 units in April, SIAM said.
It's good time to buy beaten-down shares
One in five stocks from the BSE-500 index has underperformed the market and recorded losses.
Take a look at the new Sony Xperia Z2
The phone will be available in stores from Monday.
Apple close to buying Beats for $3.2 billion
Founded by rapper Dr Dre and legendary music producer Jimmy Iovine, Beats Electronics is best known for its 'Beats by Dr Dre' line of trendy headphones that vie with the likes of Skullcandy Inc, Sennheiser Electronic and Bose Corp.
Markets on Cloud Modi; Sensex, Nifty end at record highs
The Sensex, Nifty and Bank Nifty roared to all-time closing highs, led by a buying frenzy in index heavyweight RIL and bolstered by a runaway rally in the banking stocks.
COLUMN: What actually plagues India's cities
What India needs is not costly, brand new cities but a revamping of urban institutional structures and policies.
The amazing story of Rolls Royce cars
Here how the beautiful car came into existence.
How SBI plans to woo its minor clients
The RBI on Tuesday issued guidelines allowing minors over 10 years to operate bank savings accounts independently and use facilities such as automated teller machines and cheque books.
Tata-SIA plans September launch
On Thursday, DGCA issued a public notice seeking suggestions and objections to the grant of permit.
Silicon Valley's next invention may change lives of the ordinary
Inventors are working on projects as varied as drones, improved artificial limbs, smart jewellery and handheld devices for detecting gluten in food.
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| May 08, 2014 | | 'In India, cars are taxed more than cigarettes'
So far the company has sold about 80,000 units of Honda Amaze and 30,000 units of 4th generation Honda City.
Black money: Swiss govt agrees to give info but with riders
Swiss govt's latest response comes against the backdrop of P Chidambaram shooting off another letter to his Swiss counterpart.
Azim Premji, Narayan Murthy manage wealth with family offices
Family office basically caters to the investment - financial and non-financial - needs of a family and its members.
Why 8% growth is a pipe dream for India
Like in Brazil, India's government has only limited opportunities to provide some fiscal stimulus to offset a possible slowdown in capital flows, Moody's said.
Ford India resumes bookings for EcoSport
The company had stopped taking bookings for the vehicle, which was launched in June, in the wake of heavy demand.
Five things bank will check before approving your loan
Usually, banks will offer a lower credit limit to a first-time borrower and subsequently increase it as the borrower builds a repayment track record.
Centre moves court against AAP's FIR against Moily, others
Former Delhi Chief Minister Arvind Kejriwal had directed the Anti Corruption branch to register an FIR on the basis of a complaint by four prominent people, including former Cabinet Secretary TSR Subramanian.
54 Indian companies among the world's most powerful
The Forbes 'Global 2000' is a comprehensive list of the world's largest, most powerful public companies, as measured by revenues, profits, assets and market value.
Success recipe of Tata, Wipro and Cipla
Corporate houses like Tata Sons and Wipro have not only seen growth in India but have created a name in global markets too.
The 10 BEST airports in Asia
Despite spending thousands of crores on swanky terminals, none of the Indian airport feature in the list.
SPECIAL: The past continues to haunt Jignesh Shah
In an interview with Business Standard last week, Shah disclosed plans to exit all his ventures related to stock exchanges.
D-street jitters continue; Sensex up 20 points, NIfty at 6660
Investors booked profits at higher levels in wake of impending market volatility ahead of poll results.
Fiat Chrysler to launch Jeep, 11 other models in India
In 2015, the group will introduce the much-awaited Wrangler and Grand Cherokee.
Why UBS has downgraded Infosys
Brokerage firm says recovery under Narayana Murthy to take longer than expected; stock dips 3%.
Toyota launches Etios Cross @ Rs 5.76 lakh
The vehicle, which was unveiled at the 12th Auto Expo, has been launched in three different engine options.
Which way will the market swing on May 16?
Give some thought to stocks you pick and your appetite for risk as observers are unsure if the market will go up or down.
3 challenges Narendra Modi will face if he becomes the PM
Narendra Modi will have to revive investment cycle if he becomes the next Primie Minister.
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| May 07, 2014 | | AirAsia India gets DGCA nod to fly
AirAsia India, whose top officials have promised to offer low and competitive airfares, would have Chennai as its hub and would focus on connecting Tier-II cities to begin with.
Hiranandani bros among Singapore's richest property tycoons
Only two individuals on the list are sef-made, while the rest of the individuals on the list inherited some of their wealth, but have also expanded their fortunes.
Small and medium enterprises will create maximum jobs
Over 40 per cent of MSMEs are owned by entrepreneurs from other backward castes.
Meet AirAsia's multitasking pilots; they do the cargo, too
The airline proposes to use pilots to conduct airworthiness checks before flying.
Airbus A380 to debut in India on May 30
The SIA A-380s can fly 471 passengers in a three-class configuration of first class suites, business class and economy.
Iconic sarees all set for a revival
Weavers skilled in making traditional sarees are very few and efforts are on to identify such craftsmen so that they could be roped in for making the sarees for Cooptex.
Finance Minister P Chidambaram's report card is a mixed bag
In a recent public appearance, Mr Chidambaram was quite candid in saying that UPA-II misread the signals from its electoral performance in 2009.
Lost decade for Tata Motors
The number of cars the company sold in 2013-14 was close to the level in 2003-04.
Swiss black money probe: Over 100 entities under lens
It is suspected that some of these entities may have brought back their illicit wealth through the stock market route.
What is Gitanjali's MD doing to polish his diamond business
As debts mount, Gitanjali Gems is switching from gold to diamond jewellery besides diversifying into new areas to tide over the restrictions on the gold business.
Take a peek inside Motorola's swanky new headquarters
The company comes back to where it started its journey 90 years back as Galving manufacturing Corporation.
The stunning Lamborghini Huracan will soon be in India
Huracan, which will replace Gallardo, will be available from September and is expected to be priced upwards of Rs 3.4 crore (Rs 34 million).
'Job creation will be first big challenge for the next govt'
Our economic growth was never broad based. We have not been able to harness technology for the overall development of industry.
Weak global cues, poll outcome jitters trip Sensex, Nifty
Ukraine fears weighed on sentiment, with Russia rejecting a peace proposal amidst civil war-like situation in the former Soviet union republic.
No takers for Brand Kingfisher Airlines
Airline's lenders to meet next week to discuss next move.
Success story of the man who saved Ford
Inspiring story of America's iconic CEO.
Mahindra's new SsangYong Rexton @ Rs 19.96 lakh
The new model RX6 will be an addition to the existing model range of Rexton which has received a very good response in India.
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| May 05, 2014 | | Battle of beasts: Ford Endeavour vs Toyota Fortuner
Can Ford take on the market leader with its aggressive pricing? Find out...
Be careful with the 'no-interest' offer on credit cards
The option to carry forward the outstanding amount without any interest could lead the card holder to use the card recklessly and spend too much.
Big IT firms find it tough to retain clients
Amid falling market share and a tough business environment, Infosys has been carrying out several structural changes.
Nano Twist is a city car, but is it worth buying for Rs 2 lakh?
Tata Motors went back to the planning room, and the news that emanates from the factories is the Twist, a new Nano avatar that looks fresh
As earnings disappoint, doubts grow over Sensex rally
Recent share-price gains would be futile unless operating margins and profits follow.
HTC One M8: A fantastic phone that can impress you
The latest device from HTC has all the ingredients to get users hooked to it.
Markets end flat amid volatility
The E Mid-cap index ended down 0.1 per cent and the Small-cap index ended down 0.5 per cent.
Can Modi defuse India's jobs time bomb?
Indian economy needs 12 million new jobs every year to absorb a growing workforce and urban migrants
New govt will have to arrest rupee fall, revive economy
Increasing US shale gas production should stabilise oil prices, in contrast to the spike of the past.
12 weirdest Volkswagen Beetles that will amaze you
Unique Volkswagen Beetles have an interesting manufacturing facts.
Supertech verdict: Land prices likely to zoom by 20% in Noida
Amid a scramble for fresh land, as vertical growth becomes severely restricted, prices are likely to rise 20 per cent, pushing up apartment prices, too.
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| May 02, 2014 | | BSE: Top losers and gainers
The 30-share Bombay Stock Exchange (BSE) Sensex closed 14 points lower at 22,404 levels while 50-unit Nifty index of the National Stock Exchange (NSE) shed 2 points to close at 6,694 levels.
China opens world's highest railway tunnel
The world's highest tunnel for high-speed trains is now open in northwest China.
Aviation sector to see 3,000 new jobs in 2014-15
Assuming that the AirAsia, SIA ventures with Tatas take off and others planning to expand don't change their minds.
Coffee lovers can enjoy kitty cuddles at London's first cat cafe
Lady Dinah's Cat Cafe is for people who live in flats and can't own pets.
Nokia XL: Can this Android phone compete with its peers?
With the Nokia XL, which was unveiled in the country on Thursday, the company has entered the Android phablet arena.
Visit two amazing upside-down houses!
One of China's biggest tourist attractions is this upside-down house at Fengjing Ancient Town, Jinshan District, south of Shanghai.
India steps up pressure on Switzerland to share bank info
This is Chidambaram's third letter to Swiss Finance Minister Eveline Widmer Schlumpf within four months on this matter.
All about Fabindia's speedy Fabels
While it didn't scale up its first western-wear foray, it is losing no time in expanding the second one, in order to capture a younger and more eager crowd.
Mukesh Ambani, Adani move out of shadowy power play
Perceived closeness to politicians could become a liability for some business groups once a new government assumes office at the Centre later this month.
Renault to launch Duster 4x4 in India soon
Similar model is sold in UK, where it is offered in petrol as well as diesel models.
April PMI, US Jobs report, Ukraine halt markets
Investors turned defensive and lapped up information technology and healthcare stocks.
Good news! Maruti to continue with discounts on its cars
The company will stop offers once the sales pickup.
UPA decade was economy's best, says Chidambaram
Chidambaram hit out at former Bharatiya Janata Party Finance Minister Yashwant Sinha, saying he was a 'distant memory' for the people of India.
Investing in stocks: Take the plunge now or wait?
As day of poll result nears, rise in market volatility making things more difficult
World's fastest diesel sportscar gives 24 kmpl mileage!
it comes at a price of Rs 97.5 lakh.
New govt must remove hurdles for big ticket infra projects
Between 2012 and 2014, India dropped in networked readiness from 69th to 83rd out of 144 countries.
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| May 01, 2014 | | Real estate fund managers scout for good assets
According to Cushman & Wakefield, the total value of investments in the residential segment for 2013 was recorded at Rs 4,050 crore ($650 million).
Power sector: What the new government needs to do
Now, expectations are high that the incoming government will act swiftly to put the sector back on the rails.
Why online shopping cos are not making money despite good sales
No one is disputing that the e-commerce market is growing dramatically in India
Auto cos face April heat; Toyota, Hyundai sales decline
Exports during the month rose 4.4 per cent to 7,077 units as compared to 6,779 units in April last year, MSI said.
Banks wary of RBI norms on prepayment penalties
In its annual policy review on April 1, the central bank had proposed a ban on prepayment penalties.
I have survived the tsunami of bad news: Jignesh Shah
An interview with Jignesh Shah.
All about an SIP that provides dollar hedge
Such schemes need 3-5 yrs to take advantage of dollar and market risk.
'New govt should be cautious of ill-advised decisions'
Weak Budgets in July 2014 and February 2015 bring the risk of a sovereign rating downgrade back into play.
How election results will impact India's growth, stock markets
The election results wil have a positive or neagtive impact on the economy depending on which party will win the elections.
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| April 30, 2014 | | Subrata Roy feels the Delhi heat, pleads SC to pass order soon
Roy and the other two directors of the Group have been in judicial custody since March 4.
India's growth story still has a long way to go: PM
Singh, who is Chairman of the Planning Commission, made a case for reorienting the body to remain relevant in the globalised world.
'The govt should open up service sectors in coming years'
The investment chapter of the India-Korea agreement provides equal treatment to investors in the domestic market as also South Korean investors.
Dilip Shanghvi among Asia's richest self-made billionaires
Shanghvi founded Sun Pharmaceuticals in 1983 with five psychiatry products and a marketing team of just two persons.
India is the world's third largest economy: World Bank
In a matter of six years, India emerged as the world's third-largest economy in 2011 from
Why Surat's diamond polishing industry lost its sheen
The Surat Rough Diamond Sourcing (India) Ltd (SRDSIL), today seems to have run its course without reaching its objectives.
Swiss agrees to share info on secret bank accounts of Indians
For stolen data, India had sought information about its taxpayers who had secret bank accounts in HSBC Geneva.
Manic May: Should you sell stocks or wait it out?
The air of expectancy around the election outcome has kept things heated.
Markets: Flat end to a volatile day
The BSE Sensex oscillating in a broad range of 400 points.
How dollar window is closing for India Inc's debt
RBI has put restrictions on credit facilities banks can extend to foreign arms of local companies.
Ford launches all-new Endeavour at Rs 19.83 lakh
The new SUV has been made more stylish, dynamic and comfortable while retaining its core DNA.
6 amazing cars from Beijing International Auto Show 2014
These vehicle could soon be heading to India
BSE: Top losers and gainers
BSE Sensex oscillating in a broad range of 400 points between a high of 22,680 and a low of 22,284 before ending at 22,417, down 48 points and the Nifty ended just short of the technically important level of 6670 at 6696, down 18 points.
Most miserable countries in the world; India ranks 21
High inflation, unemployment, high interest rates and falling GDP per capita are wrecking havoc in economies across the world.
Points new govt must focus on while presenting its 1st Budget
If the Budget has to be announced by July, there simply isn't enough time to entirely rework the interim Budget and produce an alternative set of forecasts.
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| April 29, 2014 | | Govt reveals names of 18 persons in black money cases
First cover contains names, documents and information of 18 persons already probed by I-T authorities.
Congress too allotted us land in Gujarat: Gautam Adani
Gautam Adani, head of the Rs 45,000-crore Adani group that is in the midst of a controversy, with the Congress party charging the BJP's prime ministerial candidate Narendra Modi with showing special favours to them speaks to CNN-IBN.
Mamata trying to save those involved in Saradha scam: Kunal
Kunal Ghosh, who was also the chief executive officer of Saradha Group's media arm, was arrested on November 23 last by Bidhannagar Police.
Honda's Asimo plays soccer with President Obama!
Honda Motor's humanoid robot Asimo greeted US President Barack Obama at the National Museum of Emerging Science and Innovation.
NaMo stores may be launched across India
So far online merchandise NaMo store mulling whether to go offline, with brick-and-mortar NaMo Stores across states
Poor sales: Gujarat's soft loan to Nano may be scaled down
Tata Nano will have to improve sales in order to get Gujarat government's support.
The impressive success story of Amit Burman
The low-profile Dabur scion has become India's largest restaurateur.
How mobile television brands are trying to strike it big
Desi providers of a bouquet of TV content on-the-go are most likely to succeed.
Stocks that will give you high returns during poll season
Recently, research house Nomura recommended its cherry picks from the financials, infrastructure and oil and gas sectors.
Markets slump as banks, metal shares drag
HDFC Bank, Tata Steel and Tata Motors among top losers for the day.
Why gold demand for Akshaya Tritiya is likely to be subdued
Gold has lost some lustre over the past year and this is unlikely to return so soon, resulting in erosion of interest among investors.
Nokia names Rajeev Suri as new CEO
Rajeev Suri will become the new chief executive of Finnish telecommunications gear maker Nokia, the company said on Tuesday, confirming what analysts had expected.
Car compare: Hyundai Sonata vs Toyota Camry vs Skoda Superb
Three revamped sedans in the premium segment that come with the features, technology and drive quality of luxury cars. Which is the best for you?
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| April 28, 2014 | | Internet Explorer users at risk from major bug: Microsoft
According to Microsoft, hackers looking to exploit the flaw could host a 'specially crafted website' containing content that can help them do so.
BSE: Top losers and gainers
The 30-share Sensex ended down 56 points at 22,632 and the 50-share Nifty ended down 22 points at 6,761.
Lenovo S860: Is it worth buying at Rs 21,500?
The company said S860 is a powerful and responsive smartphone that offers battery life of up to 43 hours.
Wal-Mart spent $334 mn in severing ties with Bharti
In October, Wal-Mart called off its six-year-old partnership with Bharti Enterprises and decided to operate wholesale stores independently in India.
Bourse sleuths go undercover to track 'closed' groups
Surveillance departments seek to tap stock-related information in social media circles.
Maruti to launch Celerio diesel this year
It will house the company's first diesel engine developed for markets like India.
How top corporates fared during Manmohan Singh's 10 years
The original big boys (Tata, Birla, Ambani) were not the stars of the decade.
Tax-saving investment can be done within calendar month
Taxpayers need not invest proceeds from sale of property strictly within 180 days from date of sale to get exemption under Section 54EC.
What went wrong with India's ambitious broadband project
The government created a special purpose vehicle, Bharat Broadband Network Ltd, in 2012 to oversee the implementation of the project.
Finally, flat buyers win the battle against corrupt builders
For years, buyers have been at the mercy of property developers. But that is beginning to change.
Why real estate will mirror stock market's bull run
Given its risky profile, the realty sector could collapse if the bull run fails to take off
10 things the next govt must do to build great cities
More than 32 per cent of our population lives in cities and towns.
'New govt should have balanced approach to tax administration'
Accountability must be linked to minimising infructuous demands and tracking recovery
Markets end lower amid weak Asian cues
Markets ended lower, amid a range-bound trade, tracking weakness among Asian peers.
15 most beautiful office buildings on earth
From the world's biggest architecture award programme, we bring you the winners of the best office buildings.
Adani Group got land at cheapest rates in Modi's Gujarat
But half the land lies unused due to legal hurdles, lack of investor interest.
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| April 25, 2014 | | Jagdish Bhagwati eyes role in Modi government
Eminent Indian-born economist Jagdish Bhagwati, who is positioning himself to advise Narendra Modi if the opposition leader becomes India's next prime minister, would urge him to allow more foreign investment and trade to spur slow growth and curtail government spending.
Apple, Google agree to pay over $300 million to settle conspiracy lawsuit
The case has been closely watched due to the potentially high damages award and the opportunity to peek into the world of Silicon Valley's elite.
Mangoes to be out of common man's reach this year
This time 'King of Fruits' will not be affordable to the common man.
Kingdom Tower to be the world's tallest building
Saudi Arabia will soon boast of the world's tallest tower.
Tricks that builders use to lure home buyers
Builders are likely to provide inappropriate details to home buyers.
'Granting bank licence to corporates can be tricky'
Financial inclusion has two parameters- access and use of banking services.
Tricks that builders use to lure home buyers
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Met expects monsoon to be sub-normal this year
With El Nino emerging, forecasts rainfall at 95% of long-period average.
Supertech's boss: From a broker to realty baron
Supertech's revenues zoomed to Rs 1,874 crore in 2012-13, from Rs 218 crore in 2007-08, on the back of a real estate boom.
15 awesome cars from Asia's biggest auto show
Vehicles that set the Auto China show on fire.
'Granting bank licence to corporates can be tricky'
Financial inclusion has two aspects- access and use of banking services.
Sensex drops 188 points amid growth concerns
Markets ended lower with private banking majors and index heavyweights ITC and RIL leading the decline.
What the US trade body wants from the new govt
USIBC encourages a dialogue between industry and the two governments to address how a constructive approach can protect Intellectual Property Rights.
BMW to take on Audi, Mercedes with these 5 gorgeous cars
Once an undisputed leader of luxury brands, BMW has moved to the third position in India, and is now seriously looking forward to dethrone its prime rivals.
Investing: Should you go for stocks or gold?
Stocks continue to outshine gold and silver when it comes to adding to investors' wealth by giving 8 per cent return so far this year.
India's Internet speed lowest in Asia-Pacific region
South Korea was once again the only country with an average connection speed of over 20 Mbps.
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| April 24, 2014 | | Apple getting ready to launch new product by year-end
Apple is likely to launch new product by 2014-end.
Facebook cautions investors of flat growth this year
Facebook expects ad revenues to slow down in current year.
Anil Ambani, Adi Godrej cast vote; Deepak Parekh turned away
Captains of the industry, including Adi Godrej and Anil Ambani, were among the early
Porsche to launch its gorgeous SUV in India soon
The Macan would be comprehensively loaded, and a suite of customisation options would also be available to customers who seek further individuality.
Hyundai launches EON with a more powerful engine at Rs 3.85 lakh
The more powerful Eon variant comes with a 1.0-litre three-cylinder engine that is available to the European i10.
Lord Paul's tips for the next PM
Lord Paul, who is also the Chancellor of the University of Wolverhampton and University of Westminster, quoted a recent report which pegged the annual economic output generated by universities in England at 73 billion pounds.
Lessons for Modi to put the economy on track
Modi might be tempted to hit the brakes on spending. But an austerity drive could be self-defeating in a weak economy.
Hyundai's, Mahindra's hot SUVs that will rival EcoSport
Compact SUVs have caught fancy of Indian buyers as they have all features of a full-fledged SUV - higher ground clearance, spacious, and high seats.
SPECIAL: Why slowing of Chinese economy causes anxiety
The report comes on the heels of surprisingly poor export data that showed exports slumping by six per cent in February.
Is Shibulal responsible for Infosys' troubles?
His career was marked by more downs than ups, but one thing Shibulal cannot be faulted for is lack of ideas.
Top 5 cities real estate fund managers are betting on
There are more opportunities in these cities than smaller ones, say real estate fund managers.
Why El Nino worries inflation managers
A private sector weather forecaster, Skymet, and some global forecasters have already issued warnings for this year that this could happen.
A tour of the stunning Mercedes-Benz museum
The Mercedes-Benz Museum at Stuttgart, Germany traces the remarkable history of the 125-year old Mercedes-Benz brand.
5 reasons why investors are shying away from gold ETFs
According to the latest statistics from the Association of Mutual Funds of India, gold ETFs have lost 18 per cent of their investor base since May.
Chronicle of Supreme Court proceedings and Reliance gas saga
In the past as well, questions have come up about the manner in which different benches of the apex court were constituted to resolve disputes involving the Reliance group.
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| April 23, 2014 | | BSE: Top gainers and losers
The Sensex ended at 22,877, higher by 118 points and the Nifty ended at 6840, up 25 points.
Hot cars from world's best auto show
New York International Auto Show has witnessed birth of some of the best cars in the world. Let's take a look at what it offered this year.
Are Indians really worried about corruption?
Indians were happy to make money off corruption, and happily turned a blind eye to what lay beneath the boom, says Shankar Sharma.
Car sales have taken a back seat, tough year ahead: Maruti
The main problem is that the consumer's purchasing power has been eroded, say RC Bhargava, Maruti's chairman.
'RIL a victim of honey trap'
RIL counsel said the government had lured RIL to explore, develop and produce gas in the KG basin, before saying the gas produced was a natural resource of the nation, and imposing unviable price control.
Sivakasi wants firepower to fight China's rockets
Sivakasi hopes the new government will check the smuggling of Chinese fireworks and remove the higher charges on local units imposed by the UPA government.
20 best smartphones launched in April
Nokia announced its flagship device based on new Windows OS while Samsung got its flagship Galaxy S5 to Indian market
Caffeine boost for Pizza Hut
After McDonald's, Yum!'s dining chain will be the second fast-food brand to open in-store cafes to improve sales.
Markets vault to record highs on F&O expiry
Capital goods and banking stocks catapulted the indices.
SpiceJet pips IndiGo to win punctuality race
IndiGo and Jet Airways took the second and third rank, alternatively, during this period.
Kiran Mazumdar's tweet praising Rohan Murty kicks up dust
Proxy advisory firms say the praise on Twitter was uncalled for.
Hidden story of the Barmer's property boom
In the past decade, Barmer's rural economy has been transformed by two separate energy projects.
Micromax launches 'Canvas Doodle 3' for Rs 8,500
Homegrown handset maker Micromax on Tuesday launched its new six-inch phablet 'Canvas Doodle 3' for Rs 8,500.
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| April 22, 2014 | | BSE: Top losers and gainers
The Sensex ended down six points at 22,758 and the Nifty edged lower by two points to close at 6,815.
8 cars that broke sales record
To fight the decline in sales, auto firms launched cars that set their sales chart on fire. Here they are.
Infosys to boost US, Europe sales teams with local hires
Infosys, the country's second largest information technology services company, plans to strengthen sales teams in America and Europe.
Bank licence: Long wait for corporates likely
Several aspirants not getting the nod from Reserve Bank of India is being seen as a sort of closure to the current round of debate over corporate groups being allowed to enter banking.
UPA vs NDA: Who excelled in performance?
Opinions are being formed about the UPA and erstwhile NDA governments at the onset of elections across states.
5 cars that can help auto industry to recover
Demand rising for Maruti Celerio, Honda City, Hyundai Xcent, Nissan Terrano and Datsun Go, most of which were launched in 2014.
RIL's grand plans in telecom: Will it win or lose the battle?
RIL should wait-and-watch before investing in telecom sector.
Meet Asia's many Warren Buffetts
Rakesh Jhunjhunwala almost seemed to have had the Indian Warren Buffett crown till a few years ago.
Is Dilip Shanghvi's big bet worth the risk?
For Sun Pharma, it is an astute purchase that it hopes will not only boost its position in India but also globally.
India should embrace modern economy path: US think tank
The US-based think-tank on IT in its major report 'The Indian Economy at a Crossroads' said this strategy will create strong innovation-based industries at home that can
Markets end flat ahead of April F&O expiry
Weakness in Infosys, ITC and Sesa Sterlite weighed on the indices.
Jet Airways trims workforce to cut costs
Airline denies sacking, says it is recruiting to meet its operational needs
Why is Obama concerned about climate change
The consequences of climate change will only grow more dire in the years to come, Obama warned.
Is Milagrow's Android tablet worth buying for Rs 19,999?
The 9.4-inch tablet is packed separately in a neat and slim box that is foam-lined and made of hard board.
HTC launches its cheapest android smartphone in India
At Rs 8,700 price point, the 4-inch HTC Desire 210 will see competition from mobile phones like Nokia Lumia 520, Nokia X, Samsung Galaxy S Duos.
Mumbai gets India's first double decker flyover
Mumbai gets India's first double decker flyover.
Manufacturing sector sees second-worst period since 1950
Focusing on low GDP growth in recent years, therefore, masks the deeper crisis facing manufacturing and mining.
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| April 21, 2014 | | Will pay Rs 3,000 cr within 3 days of Roy's release: Sahara
The apex court had earlier imposed a condition that Roy will be freed on bail only if he pays Rs 10,000 crore (Rs 100 billion) out of which Rs 5,000 crore (Rs 50 billion) has to be in bank guarantee and rest Rs 5,000 crore (Rs 50 billion) in cash.
Saradha scam: 2 more arrests and a few questions
With Lok Sabha elections in progress, arrests of Sen's kin have kicked up a huge political storm both at the regional as well as at the state level.
Wipro will be changing its hiring policies: CEO
T K Kurien talks on the outlook for the next year, the slow growth in the retail vertical and initiatives to introduce automation.
BSE: Top gainers and losers
The 30-share Sensex gained 136 points to end at 22,765 and the 50-share Nifty ended up 38 points at 6,818.
Brands use missed call service to boost consumer experience
Business houses are using missed called services to improve customer interface.
Skoda Superb: The most efficient car in its segment
Skoda's revamped Superb comes with few noticeable design changes, but retains all its prowess as a practical vehicle.
Google rolls the camera dice
The new stock camera app, Google Camera, brings in a lot of new features. But will the old stuff be missed?
Why India's return to 9% annual growth seems impossible
CRISIL predicts no more than 6.5 per cent yearly from now till FY19, and only with a stable and decisive government; predicts problems in job generation, poverty and demand.
Review: Galaxy S5 is among the best smartphones of the year
One of the biggest upgrades of the S5 over the S4 has been the introduction of a fingerprint scanner below the Home key.
Infosys, TCS, HCL brace for good times
Efficiency gains from technology will be the key weapon for IT firms in FY15.
This is the best time to gain maximum from small-cap stocks
For now, small-caps are still reasonably priced and have lower valuations than large-caps.
Letting out your apartment as hostel or serviced flat? Read this!
Though you will see a good jump in rent, you have to incur a high cost for providing various facilities and ensuring good maintenance.
Why Toyota Fortuner is the No 1 premium SUV in India
The Japanese major has maintained the lead of its premium SUV despite competition, and has grown its share despite a slump in segment's demand.
Slipping indirect tax collection under scanner
The Central Board of Excise & Customs will develop the process over the next few months.
Short cover could spur market this week
Short covering could take the Nifty above 6,900.
Jet-Etihad yet to tap synergies
A year on, deal between the two airlines still to gather momentum, partly due to management problems at Jet.
Markets end at record highs amid volatility
Markets ended at fresh all-time closing highs, led by aggresive buying in capital goods and bank shares.
Is Narendra Modi confused about economic policies?
If Mr Modi is not in favour of privatisation, he should outline what alternative strategies he has in mind to revive PSUs whose deteriorating finances have become a drag on central resources.
How Mukesh Ambani turned around Reliance Retail
Scale and frugal costing help the giant.
Smart innovations by IIT students now at a shop near you
Frugal but quality products are coming out of the country's premier engineering institute.
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| April 17, 2014 | | China's economy slowing? It still posts highest growth
Latest IMF predictions say global economic growth is 3.6 per cent.
Why is the IMF bullish on India's growth story
Indian economy is expected to grow at decade low of 4.9 per cent in 2013-14.
Wipro Q4 profit rises 29%, beats estimates
Wipro Q4 results beat estimates.
Soon, Google Glass to assist surgeons
Google Glass is worn like conventional glasses, but that combines a computerised central processing unit, touch-pad, display screen, high-definition camera, microphone, bone-conduction transducer, and wireless connectivity.
15 Steve Jobs quotes that will change your life
Here's why the world Apple co-founder.
How a mysterious professor made billions from stocks
Mankekar has significant stakes in USL, Talwalkars, etc, but the worth of his overall holdings isn't known.
How Jaguar-Land Rover pulled Tata Motors out of local crisis
UK-based JLR posted 16 per cent growth in retail sales in the past year, highest in the luxury car segment globally, on the back of launches, output ramp-up and better reach in world markets.
Sensex to hit 40,000 in two years: CLSA
On a fundamental basis, too, CLSA expects Indian markets to do well.
Competition from Germany, China, India a big challenge: Obama
Countries like Germany, China and India are working every day to out-educate kids so they can out-compete American businesses and are making more progress than US, President Barack Obama said.
How to make money once election results are out
A month from now, once election results are out, prices could move with dizzying rapidity.
Infosys vs TCS: Which company performed better?
On key parameters, TCS appears to be on a better wicket.
Markets have an upbeat closing
The markets snapped their three-day losing streak due to buying in index heavyweights and a rebound in IT stocks.
Inflation unlikely to moderate significantly this fiscal
RBI might retain rates at current levels, upside risks to inflation rise.
These holiday apps can make your trips more enjoyable
You can also use WorldMate, which offers similar services like TripIt, or dedicated apps like FlightAware to track your flight status.
15 bizarre buildings around the world
These are the modern architectural wonders of the world.
Microsoft is India's most attractive employer
Global software major Microsoft is the 'most attractive employer' in India, while IT, telecom and ITes are the most preferred sectors by the workforce, a survey by HR services firm Randstad said.
A Rs 20.4 lakh watch that can control your car!
Jaeger-LeCoultre's latest offering will give the exclusive group of Aston Martin owners a Bond film experience.
7 awesome entry-level luxury coming soon to India
Audi, Mercedes and BMW will soon hot up the market.
Why official gold supply is drying up further
Hawala premium crosses 4 per cent%, as Akshay Tritiya boosts demand; spot delivery premium also doubles.
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| April 16, 2014 | | Sahara group apologises for earlier ads against Sebi
The Sahara group apologised for its earlier advertisements expressing regret for 'unintentional wrongs, disrespectful feelings, hurt and annoyance.'
We are willing to defreeze Sahara's bank accounts: SC
The court had previously rejected Roy's plea to move to a house arrest in its last hearing on April 9 and asked the lawyers to file short written submissions on April 16.
TCS Q4 net profit at Rs 5,358 crore
The company's revenue rose 29.87 per cent to Rs 81,809 crore.
BSE: Top losers and gainers
The Sensex ended at 22,277, weaker by 207 points and the Nifty ended at 6675, down 58 points.
India's best selling hatchbacks
Though Maruti Swift remains on top of the list, Hyundai Grand i10 is catching up Soon.
China shadow on India's jewellery manufacturing
In China, the government regulates the entire jewellery market.
Reliance Industries is a parallel state: Former WB governor
Former West Bengal Governor Gopalkrishna Gandhi dubbed Reliance Industries as a "parallel state" that exercised power "brazenly" over natural and financial resources.
Maruti added Rs 19,000 crore to shareholders' wealth
Analysts say in spite of its recent recall of 100,000 Swift, Ertiga and Dzire cars, Maruti's outlook remains stable.
China's economy grows at 7.4% in first quarter
The first-quarter growth exceeded market estimates of 7.3 per cent, China's National Bureau of Statistics said on Wednesday.
Don't portray Steve Jobs as a 'bully', say top tech cos
Tech workers filed a class action lawsuit against Apple Inc, Google Inc , Intel Inc and Adobe Systems Inc in 2011, alleging they conspired to avoid competing for each other's employees in order to avert a salary war.
FY14 was tough for Infosys, but co assures growth this fiscal
For FY15, Infosys has given a revenue growth outlook of seven-nine per cent.
Bernanke's message to new govt: Ensure RBI's autonomy
Emerging economies should also be mindful of growth.
Infosys' struggle with growth continues
Infosys' commentary suggests its growth pangs are not yet over.
We are much stronger and younger today: Infosys CEO
It has always been a high point for me at Infosys, says Shibulal.
Why hope of RBI's rate cut is dashed
WPI at 3-month high; surge in all broad categories; CPI at 2-month high.
Markets falter on FII sales, inflation woes
The markets ended lower on FII outflows and concerns over rising inflation.
Why is the inflation northbound again?
Core inflation, a measure of demand-side pressure on prices also rose sharply in March.
Honda unveils anniversary edition Amaze to take on Xcent
Honda Cars India has launched the special edition of its compact sedan Amaze to mark the first anniversary of the car in the Indian market.
Mercedes launches GL 63 AMG luxury SUV at Rs 1.66 crore
The car can go from 0 to 100 kmp in 4.9 seconds.
Murthy effect: Infosys sees highest staff exodus
Staff left India's second largest IT services exporter Infosys Ltd at an unprecedented pace in the last quarter, worrying its management and raising investors' concerns about its ability to win lucrative contracts even as it posted a higher-than-expected net profit for the period.
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| April 15, 2014 | | Infosys lifts suspense over Rohan Murty's tenure at the firm
The son is not being groomed for a bigger role in the company as of now.
Petrol price cut by 70 paise/litre
Petrol price has been cut by 70 paise per litre with effect from midnight tonight.
Hyundai Xcent is the most value for money sedan
It is cheaper than its competitors and comes loaded with much more features.
10 companies that tried to buy Facebook
Microsoft came the closest and acquired 1.6 per cent stake in the company for $250 million valuing it at $15 billion.
Can India afford bullet trains? Go for super-fast ones
Taking up the speeds of inter-city Shatabdi Express trains from the present average of 70-75 km/hour to about 100 km/hour will cut the Mumbai-Ahmedabad travel time from seven to five hours.
CCI's fine on Google: A wake up call for Indian companies
The fair trade body's penalty on the internet giant should be a wake-up call for Indian companies that tend to be lackadaisical towards regulatory investigations.
Costlier food items push inflation higher at 5.7% in March
Overall the inflation in vegetable segment was 8.57 per cent as compared to about 4 per cent in February.
Will a foreigner become Infosys' next CEO?
We have initiated the search now to ensure we have a seamless management transition to the next leader, says K V Kamath.
What Infosys must remember before hiring a new CEO
The new Infosys CEO will be the first non-founder to take over the leadership of the company.
Infosys sees up to 9% sales growth in 2014-15
The company sees that IT spending in US and Europe will increase this financial year.
Markets end lower as rate cut hopes fade
The 30-share Sensex ended down 144 points at 22,485 and the 50-share Nifty ended down 43 points at 6,733.
Infosys Q4 net rises 25% to Rs 2,992 crore
Year-on-year revenues rose 23.2 per cent.
PM gave the nod for controversial GM food crop trials
For almost two years, Manmohan Singh and his office have been the moving force behind the decision to go ahead with field trials of GM crops, including food crops, without awaiting regulatory reforms.
How you can get maximum returns from poll rally
The sensex has reached an all-time high on the election hope rally.
Boom or bubble? Unravelling the mirage that is DUBAI
Swanky Ferraris, theme parks with European climes and vanity plates may reflect the Emirate's expensive tastes, but how sustainable are these?
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| April 14, 2014 | | 5 most notorious car recalls in India
American car makers are know for it but Indian manufacturers are soon catching up with the trend.
Is the Samsung Galaxy Note Pro worth Rs 65,575?
The Samsung Galaxy Note Pro is an ideal partner that will handle your work-related stuff effortlessly.
7 engineering wonders of the world
Projects that show nothing is impossible for mankind.
How safe are medicines made in India?
Patients have become wary of India-made drugs after a number of reports highlighted their substandard quality.
Elections: Chartered flights get costly, Rs 2.85 lakh an hour!
Companies running chartered planes are having a field day.
Guard your tax papers, an identity thief can steal them
Sensitive information such as PAN data can be misused to claim a fraudulent tax refund or obtain a credit card or a loan.
BJP can't afford to rollback retail FDI policy, says minister
Minister says states have no legal way to revoke decision.
Ranbaxy may have to pay huge fine, again
Last year, Ranbaxy had to pay a fine of $500 million to the US authorities after it pleaded guilty to fraudulent activities and misrepresenting data to seek fast approvals.
Modi magic: Market cap of these 13 companies have zoomed
Since September 13, 2013, when the Gujarat chief minister was announced as the party's choice for the country's top job, the Indian markets have rallied over 14 per cent, with Sensex companies adding Rs 4.7 lakh crore in value.
Is Narayana Murthy grooming his son for the top post?
The company requires a change in leadership, says T V Mohandas Pai, former board member and head of HR & administration at Infosys.
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| April 11, 2014 | | Samsung unveils Galaxy S5 for Rs 51,500
The company said it has sold 3.5 crore Galaxy devices, including smartphones and tablets, in India so far.
Spice launches 3G-enable Android smartphone for Rs 5,199
The phone comes with 13.Ghz dual core processor and 512MB RAM.
Rajan's mantra for stable and sustainable growth
"My remarks are motivated by the desire for a more stable international system, a system that works equally for rich and poor, large and small, and not the specifics of our situation," Raghuram G Rajan, Governor, Reserve Bank of India said at the Brookings Institution on April 10, 2014.
Ratan Tata gets UK's highest civilian award
Ratan Tata is the only Indian among five foreigners to be awarded as part of the 'Honorary British Awards to Foreign Nationals' for 2014.
Dilip Shanghvi: Billionaire with Midas touch
Aespite an enviable track record, Sun Pharma's MD has always been modest about his achievements.
Differences with BJP a media speculation, says Rajan
Rajan's comment comes against the backdrop of certain BJP leaders questioning his policies to deal with the current economic woes.
Maruti to recall 103,311 units of Ertiga, Swift, DZire
There is a possibility of fuel smell and in extreme condition there may be some fuel leakage.
First in FY14: RBI didn't buy dollars in Feb, sold $530 mn
Between October and December of 2013, the central bank net purchased $17.498 billion from the market.
Infosys Board starts search for Shibulal's successor
Infosys said the nominations committee will shortlist and evaluate an internal slate of candidates with the assistance of Development Dimensions International, a company
Slowdown: Car sales fall, 1.5 lakh to lose jobs
Car sales in India fell for the second consecutive fiscal in 2013-14 with a drop of 4.65 per
Why investors are bullish on Indian markets
Investors are willing to wait to give a new government a chance.
Sun Pharma has all the reasons to cheer Ranbaxy deal
One of the suitors says that Ranbaxy's Indian portfolio alone is worth $2 billion, or approximately Rs 11,900 crore.
SPECIAL: The man who changed the game at Marico
Marico is expected to close 2013-14 with a turnover in excess of Rs 4,700-crore (Rs 47 billion).
No forex reserves large enough to counter external shocks: Rajan
By March 28, the reserves rose by a whopping $5.038 billion to $303.673 billion, the second highest in the fiscal.
5 big infrastructure projects to kick-start the economy
Whatever be the political coalition that comes to power at the Centre after May 16, the new government will have five ongoing projects to kick-start a sluggish economy.
Star performers: Stocks that rallied over 100% since August
FIIs continue to invest in India, with their net investment since September 2013 standing at about Rs 82,000 crore(Rs 820 billion)
Diamond trade looks towards Russia
India's direct import of roughs was $767 million from Russia in 2013, a little less than five per cent of India's total import of roughs.
Realty check: Boon for farmers or a stumbling block
The farmers' agitation, spread over months, had halted construction and delayed supply of thousands of residential units.
Gurgaon, Mumbai see biggest dip in house sales
Price escalation seems to be one of the primary reasons for the sales trend.
Markets slip on global cues; IIP data eyed
Markets ended lower, amid weak global cues, on profit taking and February IIP data due later today.
RBI issues fresh norms to curb customer discrimination
The panel's report, made public on Thursday, has suggested stringent norms to make loan pricing more transparent.
How India's takeover tycoon reaped a fortune
The Vodafone stake yields Piramal 52% return in 2 years.
Fiat to launch 3 stunning cars in India soon
Here's how the carmaker plans to cover lost ground.
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| April 10, 2014 | | If Modi becomes PM, Adani could be the next Ambani
Investors are pouring money in the tycoon's companies hoping he will benefit if BJP comes to power.
Tata Motors launches Aria @ Rs 9.95 lakh
The updated Aria will be available in three variants, with the base model priced at Rs 9.95 lakh (ex-showroom Delhi).
Deadly 'Heartbleed' hits the Internet: Are you safe?
The bug that has been found makes the website vulnerable and the information that you are typing in could land into the hand of a dirty hacker.
Walmart's 'truck of the future' will blow your mind
It is fuel neutral, which means it can run on any type of fuel.
From boom to doom: Carmakers face tough times
Car sales in terms of numbers in India in the just-concluded financial year (2013-14) have gone down in over a decade, confirming once again the extent of the economic slowdown.
A tough job for India's next finance minister
The onus of framing and implementation of reform-oriented policies will be in the Finance Ministry.
How the oil ministry justifies KG gas price rise
It added this wasn't aimed at benefiting Reliance Industries Ltd alone.
Why foreign investors are bullish on Infosys
Foreign institutional investors (FIIs) have continued to remain bullish on the Narayana Murthy-led Infosys, taking their holdings to record levels.
How a financial centre turned into a 'skyscraper slum'
It boasts a helicopter landing pad, glorious views of the Avila mountain range, and large balconies for weekend barbecues.
Digital media drives political advertising to record high
India has over 150 million first-time voters, around 100 million Facebook users, and 30 million Twitter and WhatsApp users.
Elections: How to protect your portfolio from a market crash
One possibility is to completely ignore the political situation and keep systematically investing in whatever he fancies.
Golden tips to plan tax investment wisely
Don't plan investment at the eleventh hour.
Windows XP support ends: Here's how to protect your bank accounts
Banking services can be hit as there is expected to be a delay of 30 minutes in every transaction now.
Starting with Rs 2 lakh, he built a Rs 5,000-cr business!
Chandra Shekhar Ghosh started the micro-lending unit Bandhan in 2001 with only two employees in Howrah.
Sensex ends flat; Nifty loses tussle with 6,800
After trading with gains for most of the day, selling pressure in software manufacturer Infosys, cigarette to hotel conglomerate ITC and private lender ICICI Bank pulled the benchmarks lower.
Vote and avail of discounts this poll season
Companies are luring voters with special discounts, offers and freebies.
Pre-election rally: Will the markets bring more cheer?
While some argue there is more upside left, others suggest valuations might have run up far ahead of fundamentals.
Cars with the BEST engines
Maruti and Tata are gearing up to fight the onslaught from American giants.
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| April 09, 2014 | | Toyota to recall 45,000 units of Innova in India
Toyota Kirloskar Motor (TKM) on Wednesday said it will recall 44,989 units of multi-purpose vehicle Innova manufactured between February 2005 and December 2008 in India to rectify a faulty cable on the steering wheel.
Toyota to launch Etios Cross on May 7
The pre-bookings of the car has already started.
BSE: Top gainers and losers
The 30-share Sensex galloped by 370 points or 1.6% at 22,714 points and the 50-share Nifty raced ahead by 101 points at 6,796.
Chinese firms to tap Windows XP market given up by Microsoft
China has about 200 million XP users, 70 per cent of the entire PC market.
10 most amazing ice hotels
The fancy of ice hotels are catching up with new hotels coming up every year. We present the best from around the world.
Datsun GO: An affordable car made for Indian buyers
For Nissan, Datsun is something of a legacy brand and the current launch marks its return to the market after nearly three decades.
Microsoft's India start-up point man gets global role
Mukund Mohan, Microsoft Ventures India director, to head US, China, India operations.
Maharajas' Express: Onboard India's most luxurious train
Maharajas' Express is the most luxurious train in India offering 5 journeys covering some of the most beautiful and historic destinations.
SC rejects Sahara's plea for house arrest of Subrata Roy
Sahara Group chief Subrata Roy and two directors have been in Tihar Jail since March 4.
Sun Pharma-Ranbaxy deal may come under Sebi lens
Regulator likely to probe possible violation of insider-trading norms.
DGCA to inspect all scheduled airlines, charter flights
Regulator in action after grounding pilots for allowing passengers into the cockpit.
Bank shares catapult markets to record closing highs
Benchmark indices ended at record closing highs due to strength in banking stocks.
Black money: Swiss in wait-and-watch mode over sharing info
The country is biding time to assess the mood of the next Indian government.
Modi win is blow for Tesco but good for investors
The BJP counts the owners of several million mom-and-pop stores as among its most loyal supporters.
Modi-led govt to boost rupee, lead to stocks rally: Nomura
Japanese brokerage Nomura has said a Narendra Modi-led government will help the rupee jump to 58 against the US dollar and trigger up to a 10 per cent rally in the stock market.
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| April 08, 2014 | | NSEL settles Rs 330 crore of Rs 5,500 crore dues in 33 weeks
The bourse had proposed to settle all dues amounting to Rs 5,574.31 crore (Rs 55.74 billion) in 30 weeks, according to a settlement schedule issued by NSEL on August 16.
Maruti likely to recall 100,000 Dzire cars
The company sold 1,97,685 units of Dzire in 2013-14 fiscal.
Hyundai Xcent diesel vs Maruti Dzire vs Honda Amaze
The new entrant beats competition for the features it offers.
Learn from China, transform the Indian Railways
The next government should view Indian Railways as a strategic tool, not legacy problem.
Gupta asks court to rethink order to pay $13.9-mn penalty
Gupta's lawyers said he did not accrue any 'direct financial benefit' from the insider trading offences and yet he has been ordered to pay a 'heavy price' of two years in prison, a $5 million fine and a separate $6 million in restitution to Goldman Sachs.
US plans to allow H-1B visa holder's spouse to work in America
The H-1B work visas for highly skilled professionals have been most beneficial from IT sector professionals from India.
US facing competition from India, China for jobs: Obama
Obama announced to launch a new competition, backed by America's Departments of Education and Labor, to start redesigning some of high schools.
Indian-American is Obama's ambassador for global entrepreneurship
Salman Khan of Khan Academy is changing the way education is imparted.
Nokia X: Better than Android phones in its price band
The Nokia X is based on the Lumia- and Asha-like designs.
SPECIAL: Brand Ranbaxy may be axed soon
Sun's acquisition of Ranbaxy would create the fifth-largest specialty generics company in the world and the largest Indian pharma company, with an estimated revenue of $4.2 billion.
US H-1B visa cap reached in 5 days
The mandated Congressional cap is of 65,000.
A look at Ranbaxy's interesting and eventful history
Sun Pharma's acquisition of Ranbaxy has once again revived evaluation of the troubled past of the latter, which had changed hands from the promoters merely five years ago.
5 economic challenges a Modi government would face
Should Modi win the elections, his government will face its first credibility test with markets when he delivers a budget.
Microsoft Office for iPad: Hit or miss?
The Office suite for the Apple device has touched users, and desktop users will be glad to shift to the mobile platform.
Big leap for Sun Pharma, Sunshine for Ranbaxy
Ranbaxy's troubled plants in India could see a turnaround as Sun Pharma has experience in doing so.
A man who is giving Samsung sleepless nights
Shaikh Allauddin Pakir Maiddin is giving sleepless nights to the top brass of South Korean consumer electronics maker Samsung and its chairman, Lee Kun-hee.
Make credit card interest payment easier: RBI to banks
The central bank says interest on card balance should not be levied till next bill.
Hyderabad: An affordable and well-developed realty hotspot
Hyderabad evolved as a preferred investment destination during 2007-2008.
Lenders to sell Kingfisher Airlines' brand to recover dues
The brand name was pledged to 14 lenders, including State Bank of India (SBI), under a debt recast agreement in which loans valuing Rs 6,500 crore were restructured and converted into equity.
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| April 07, 2014 | | Scorpio is India's best selling SUV; beats Duster, EcoSport
Elections and festival time in north India helped the Indian auto firm to pip its foreign competitors.
BSE: Top losers and gainers
At 1130 hours, the Sensex was up 99 points at 22,260 and the 50-unit Nifty shed 26 points at 6,669 levels.
Fiat lines up 4 new exciting launches this year
The company will also bring global products such as Abarth.
Superjumbo A-380 to fly to India from May
Commercial operations of the largest aircraft, Airbus A-380, will begin in India from May 30, with Singapore Airlines on Monday announcing it would start daily flights of the superjumbo to Mumbai and Delhi from then.
BJP promises bullet trains, 100 new cities, industrial corridors
The party wants to focus on urbanisation with newer and eco-friendly technologies.
Moto X: It is the BEST smartphone for Rs 23,999!
With exciting features and an apt price tag, the Moto X could give flagships a run for their money.
In muscular manifesto, BJP shuns global retailers
The party promised to contain inflation, pursue tax reforms and promote foreign investments.
Should you play the pre-election rally?
You can start an SIP but don't overhaul the portfolio.
Ranbaxy sale shows risk in Japanese M&A adventures
The investment has lost almost 40 percent of its value in six years.
Audi pips Mercedes in Q1 in best-ever India sales
The company retains tag of being India's largest luxury car seller.
Engineering marvels: 15 amazing underwater tunnels
Infrastructure projects that transformed the world.
Election fever has brought enthusiasm back on D-Street
If a BJP-led government does, indeed, perform as well as the opinion polls predict, the 16th Lok Sabha will have fair chances of stability.
Remittances rise as NRIs bet on strong rupee
Hopes soar on currency gaining more if Modi becomes the Prime Minister.
Markets ended flat amid a volatile trading session
Sun Pharma and Ranbaxy Labs hogged the limelight after Sun Pharma announced the acquisition of Ranbaxy Labs.
Oil and gas pricing: Another episode in UPA's policy flops
The game changer could have been cash transfers of the cooking gas subsidy.
India's gold imports hit 10-month high in March
The precious metal is understood to have arrived in large quantities through official channels, including direct import by export-oriented units, in the last week of March.
Sun Pharma to buy Ranbaxy in $3.2-billion deal
Sun Pharmaceutical said Ranbaxy shareholders will get 0.8 Sun Pharma shares for each Ranbaxy share.
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| April 04, 2014 | | BSE: Top losers and gainers
The Sensex gave off 150 points to close at 22,360.
Buying a Toyota car? You will have to wait for 2 months
Launch of Etios Cross, upgraded Corolla likely to see delay of at least 2 months.
Keep these factors in mind while buying a property
While buying a property do not go by what everyone around says, evalaute the situation as per your requirement.
UPA's decade of growth the highest for India
Figures don't lie. And they say the UPA's 10 years of economic growth is slightly better than the previous 10 years of growth. End of debate.
India to get 200 new hotels in 5 years
About 52,000 rooms are expected to come on stream by 2017.
The inspiring success story of Bandhan
What sets Bandhan apart is the roots it has in the world of the rural poor.
How Amazon is building its India business
The online retailer offers largest assortment of products.
Windows Phone 8.1: Check out the best features
Nokia Lumia 630, 635 and 930 to be the first to have the latest Microsoft's OS.
Soon, medicines to cost a lot!
Experts say given the annual inflation, the increase might not be substantial for the industry, which has to deal with rising cost of manufacturing, raw material as well as packaging and logistics.
TiE honours 3 entrepreneurial legends
The Washington, DC Chapter of The Indus Entrepreneurs recently honoured three pioneers in information technology, the restaurant business and mobile technology.
SPECIAL: What actually went wrong with Aadhaar?
The government hurried through the scheme, which required a complete re-engineering of welfare delivery, severely challenging its implementation.
Markets blink in face of US job data
Oil and gas majors, ITC and L&T among the top losers.
Nokia to launch 1st dual-SIM Lumia phone in India
Nokia will launch four Lumia smartphones in India starting with its first dual SIM handset Lumia 630 in May for around Rs 10,000 excluding taxes.
Bonanza for travellers: AI, IndiGo, GoAir offer big discounts
Air India launched a short-term 'Monsoon Bonanza' scheme under which tickets on 40 select domestic sectors can be bought till Saturday for travel till September 30.
Honda has serious plans to take on Mahindra
It has lined up formidable product line.
5 stocks that can give you HIGH returns
They are large-caps, leaders in their business and have good brand value.
CBI to examine Ratan Tata, Cyrus Mistry in Radia tapes case
The matter related to supply of low floor buses by Tata Motors to Government of Tamil Nadu.
What helped Bandhan get the banking licence?
Bandhan has a strong presence in India's under-banked eastern and northeastern regions.
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| April 03, 2014 | | Forex reserves below Chinese level not comfortable: Rajan
The comments assume importance as the traditional position of the central bank has been not to set a forex reserves target.
Air India to raise Rs 300-crore loan to pay for 3 Dreamliners
Air India is seeking the loan offer by April 16, it said.
BSE: Top losers and gainers
The 30-share BSE Sensex closed 42 points lower at 22,509 levels and NSE Nifty slipped over 16 points at 6,736 levels.
BMW launches M6 Gran Coupe @ Rs 1.75 crore
The new M6 Gran Coupe, which comes as a completely built unit, will be available with a 560 HP petrol engine in the country.
Samsung unveils 3 new Galaxy tablets
These include 7-inch, 8-inch and 10.1 inch devices.
Maharashra pips Gujarat as best investment destination
Maharashtra has become the hub for the service and electricity industries which together attracted investment over Rs 67,000 crore (Rs 670 billion) in 2013.
Check these 16 products sold at record-breaking prices!
A violin that costs $45 million, a dress that costs $1.27 million are some of the most expensive collectible
5 upcoming competitors to Maruti Swift, Hyundai Grand i10
This year you will be spoiled for choice.
How Facebook, Apple, Intel plan to take on Google Glass
Smart glasses give a new dimension to the way we look at the world around us.
Will Nokia's gamble with Android work wonders?
After a long wait, the handset maker adopts the ubiquitous operating system to gain volumes in the smartphone market.
Can't pay Rs 10,000 crore for Roy's bail: Sahara
Sahara Chairman Roy was arrested on February 28 and has been held in a Delhi jail since March 4.
Microsoft to offer Windows for free on phones, tablets
It comes a week after new Chief Executive Satya Nadella unveiled new versions of Word, PowerPoint and Excel applications for Apple Inc's iPad.
Axis Bank offers home loans for below Rs 10,000 earners
Private sector lender Axis Bank has launched a home loan product for households earning as low as Rs 8,000 a month, targeting disbursals of up to Rs 1,000 crore (Rs 10 billion) in a year's time, a senior bank official said.
Desi brands are outpacing foreign labels
Local brands like Nalli and Kalaniketan are flavour of the season.
Twists and turns in the new bank licence saga
Many experts, including Nobel laureate Joseph Stiglitz, also suggested that industrial groups should not be allowed to do banking business.
Re 1 for a ticket: SpiceJet saw 220,000 bookings on Tuesday
Typically, the airline sells 40,000 seats a day.
MTS' viral ad leads to 10% rise in dongle sales
The script was triggered by today's kids who seem so comfortable with gadgets and the Internet right from infancy.
Markets snap 10-day winning streak; Sensex loses 40 points
A recovery from lower levels in the last hour of trade led by buying in banking, metals and realty stocks, capped losses.
Rail tickets could cost more at counters
IRCTC is gearing up to promote online sale of tickets.
How Bandhan won the banking licence
Bandhan Financial Services, the first microfinance institution in the country to win a bank licence, is also one of the youngest entities to be allowed to enter the banking space.
Home loans: How much did Indians borrow in FY14?
Indians borrowed nearly Rs 1.60 lakh crore in housing loans in 2013-14, helping home finance firms' books move closer to the Rs 10 lakh crore mark.
Bank licence to corporate houses: FinMin proposes, RBI disposes
Contrary to the finance ministry's initial idea that some large industrial houses could be given bank licences, the Reserve Bank of India (RBI) did not name any big corporate in the first round of licensing.
| | | |
| April 02, 2014 | | Why car recalls are NOT a bad thing
The manufacturer bears cost of replacement and it helps to establish trust with the customer.
Mary Barra calls GM's actions on deadly defect 'unacceptable'
General Motors Co CEO Mary Barra on Tuesday called her company's slow response to faulty ignition switches linked to at least 13 deaths "unacceptable," but could not give U.S. lawmakers many answers as to what went wrong.
IDFC, Bandhan get bank licences, corporate houses left out
Ending days of suspense, the Reserve Bank on Wednesday granted banking licences to infrastructure financing firm IDFC and microfinance institution Bandhan from among 25 applicants that included corporate heavyweights ADAG Group, Aditya Birla Group and Bajaj Group.
RBI expects new government to be active in restoring growth
RBI's policy statement highlights the fact that core consumer price inflation remains obdurately high at about eight per cent.
India's apex court summons Samsung Chairman Lee Kun-hee
The court made it clear that it was not expressing any opinion on the merit of the case pending before the trial court.
FinMin study to assess quantum of black money complete
The study was ordered in March 2011 when the nation was debating on the amount of unaccounted income with figures projected by politicians and civil society in crores of
Hyundai Xcent is the best family car; beats Dzire, Amaze
It has a feature rich cabin, well appointed interiors and competitive price tag.
Courtroom battle: Apple was in a 'Holy War' with Google
Apple Inc and Samsung faced off once again in their long-running courtroom battle, with the iPhone maker asking jurors to award more than $2 billion for patent violations.
Future gadget: LG's flexible and self-healing smartphone
Here's the future of smartphones
Onboard the Airbus' stunning corporate jets
Corporate travel takes a new dimension with these luxurious aircraft.
No favouritism shown towards Reliance in KG Basin: Centre
Solicitor General Mohan Parasaran was replying to the charges made by the parliamentarian Gurudas Dasgupta and Common Cause, a public interest organisation
UN's latest climate change report has put India on high alert
India is among the most vulnerable countries. It could lose 1.7 per cent of its GDP even if the annual mean temperature rises by just a degree.
Senior-level exits spark worries at toy maker Mattel India
The resignations follow an audit of the Indian operations of Mattel by a well-known audit firm, experts say.
The saga of Subrata Roy: From a flamboyant boss to Tihar inmate
Sahara's propensity to issue full-page advertisements indirectly targeting the court's wisdom every time it suffered a setback could have hardly helped its cause.
What makes this phone worth Rs 4.72 lakh!
Encrusted with sapphires and replete with features, Mobiado's phones have set out to balance luxury with utility.
Markets: 10 hits in a row; Sensex up over 100 points
It was the tenth session of consecutive gains as investors lapped up heavyweight oil & gas and auto stocks among others.
With inflation under control, RBI may go easy on rates: Rajan
Reserve Bank of India Governor Raghuram Rajan said, in an election year, it is better to be ready for any eventuality.
Elections: Namo, AAP products are selling like hot cakes
Products like Aam Aadmi Party wall clocks and mobile & tablet covers (both BJP and AAP) are also very popular among online buyers.
| | | |
| April 01, 2014 | | It was a mixed bag for auto makers in March
Auto makers are keen to boost sales in ensuing months.
Reserve Bank gets EC approval to grant new bank licences
The RBI on March 12 approached the Election Commission seeking its approval for granting bank lincences as the model code of conduct had come in place after the general
BSE: Top losers and gainers
The Sensex was up 60 points at 22,446 and the Nifty added 17 points to close the trade at 6,721.
Here's CII's 100-day agenda for the new government
The industry body said a strong inter-ministerial coordination group is required to resolve sticky issues like the 'mining
Flying gets cheaper! SpiceJet offers fares for Re 1
Budget airline SpiceJet has launched the best offer this summer.
Audi RS5: Fast, good-looking, and practical
The car is is both powerful and utilitarian.
Granting of new bank licences not a political process: Rajan
The EC is yet to decide on RBI's request to grant new licences during the election season.
Why Infosys has failed on corporate governance
Infosys has has the highest proportion of non-independent directors on its board.
Factors that will impact gold price this year
Gold price is likely to remain under pressure due to geopolitical tensions.
Hybrid cars more fuel efficient in India than US
In a pair of studies using real-world driving conditions, researchers found that hybrid cars are significantly more fuel-efficient in India and China than they are in the US.
What makes a manufacturing difficult in India
The longer India delays in creating a manufacturing-based middle class, the more difficult it may be to create one.
An economic agenda for the new Prime Minister
The new prime minister should learn from the mistakes of the current government and pay more attention to inflation.
RBI keeps key rates unchanged
The RBI wants CPI inflation to ease further to 6 per cent by January 2016.
Railways takes down curtains from third AC coaches
The decision is taken to improve fire safety.
Markets retreat from record highs; IT gains
Profit taking in financials weigh on the indices.
March salary for Sahara staff may get delayed
HR head Gaurav Sharma blamed Sebi-imposed restrictions on operating bank accounts for the delay.
Gionee launches world's slimmest phone in India at Rs 22,999
It has an Octa-core 1.7GHz processor and 13 megapixel camera.
Sales of used cars set to rise, new ones to decline
In India, the pre-owned car market is growing at 15-18 per cent; the organised segment is growing 40 per cent annually.
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| March 28, 2014 | | Appeal goes out to Sahara Pariwar to shell out Rs 1 lakh each for Roy's bail
The contribution 'appeal' was made through a one-page letter signed by directors of a hitherto unknown society and 'associates' of the group. Company officials, however, disowned any connection with the appeal.
BSE: Top gainers and losers
For the day, the Sensex was up 125 points at 22,340 and the Nifty gained 54 points to end at 6,696.
Toyota should know India is a unique market
Toyota unions may challenge the management on the legality of the bonds.
Reforms to give India 110 million jobs in 10 years
The report said the Gujarat government amended the Industrial Disputes Act in 2004 to allow for greater flexibility in the labour market for special economic zones.
China's Baidu defeats US lawsuit over censored search results
Chinese Internet company Baidu Inc won the dismissal of a US lawsuit by pro-democracy activists who complained that Baidu illegally suppressed political speech on China's most widely used Internet search engine.
Is India's war against multinational corporations justified?
The realisation has struck people that multinationals have been doing all those things that Indian businessmen have long been accused of doing.
Believe in karma, keep doing right things, says new Marico MD
Innovation and quick decision making are key to growth in business.
COLUMN: Why RBI needs to clean up home loan rules
Six public sector banks have been identified as having a particularly problematic housing loan portfolio.
How Facebook plans to offer Internet to people in remote places
Facebook Inc is harnessing satellite, drone and other technology as part of an ambitious and costly effort to beam Internet connectivity to people in underdeveloped parts of the world.
Wal-Mart sues Visa for $5 billion over card swipe fees
Wal-Mart has accused Visa of excessively high card swipe fees, several months after the retailer opted out of a class action settlement between merchants and Visa and MasterCard Inc.
Splitting stock pays rich dividends
A sub-division in the face value of equity shares -- from a higher to a lower denomination
Satya Nadella signals new course with Office for iPad
Microsoft Corp's new Chief Executive Officer, Satya Nadella, finally unveiled Office for Apple Inc's iPad in a polished debut.
How India became a high-priority market for PepsiCo
PepsiCo is trying to dislodge Coca-Cola in drinks, though the gap is still large.
Should Reserve Bank of India target inflation?
There are respected names arguing both for and against this recommendation of the Urjit Patel committee.
Travellers' paradise: World's 10 best airports
The world's best airports are from Asia and Europe.
SPECIAL: How DGCA plans to sort out aviation mess
The aviation regulator has taken some good steps lately.
Indian companies generated 81,000 jobs in US in 2013
India has emerged as one of the 10 fastest growing sources of foreign direct investment into the US.
Markets end on a strong note; Sensex up 125 points
In intra-day trades, Sensex and Nifty scaled new highs at 22,363 and 6,703 respectively.
8 start-ups that boast of astonishing valuations
Airbnb, started in 2008, is now a $10 billion company.
Ford may launch new Fiesta in April
The car will take on Honda City and Hyundai Verna.
Maruti captures 50% market share while others struggle
Alto, Swift, and Dzire remained the top selling cars in the country.
Report puts Infosys in the dock over governance
The report, published by brokerage firm Ambit Capital Research, also says the promoters hold disproportionately high board representation with respect to their total shareholding in the Bengaluru-based company.
Samsung to unveil stunning S5 in India at Rs 51,000
Samsung also launched three wearable devices, Gear 2,priced at Rs 21,900, and the Gear Fit and Gear 2 Neo, costing
Why it makes little sense to buy child plans
Parents should opt for a combination of mutual funds and fixed deposits.
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| March 27, 2014 | | Subrata Roy to remain in jail, Sahara can't afford bail amount
In a setback to Sahara Group chairman Subrata Roy, the company on Thursday informed the Supreme Court that it will not be able to deposit Rs 10,000 crore (Rs 100 billion) to release Subrata Roy from jail.
Meet the best Indian American venture capitalists
WhatsApp was the biggest acquisition on the Midas list since it is the largest venture-backed private exit ever.
Conserve nature: Measures that can save Western Ghats ecosystem
The 1,600-km-long Western Ghats range runs along the country's western coast spanning six states.
Switzerland not sharing info on bank accounts of Indians: FM
In 2011, the Indian government received the names of 782 Indians who had accounts with HSBC.
What makes the HTC One M8 a spectacular phone
While the main camera is the same 4-ultrapixel resolution as in the One, HTC claims M8's is a notch above and will work in all lighting conditions.
8 awesome SUVs that will soon launch in India
These cars have more rugged appeal, seven seats, and 4X4 option.
Election cash call puts strain on construction, real estate
More than other businesses, Indian developers and contractors are particularly reliant on ties with the government to acquire land or win contracts.
IT sector upbeat on future despite TCS, Infosys' weakness
In spite of seasonal weakness which may drag Q4 revenue growth in FY14, the sector is upbeat about future.
RIL money-laundering charges under apex court's scanner
RIL on February 27 rejected the allegations of making foreign direct investments in certain Indian companies through the Singapore-based Biometrix.
Markets end at record highs on March expiry
PSU banks and OMCs among the top gainers.
9 billionaires who rule their countries' economies
There are billionaires that a country cannot do without. They may not be the Presidents or Prime Ministers of nation but they are considered to be either equally or more important.
LG launches 4G enabled G2 smartphone at Rs 49,000
To enjoy 4G on move, customers just need to upgrade to a 4G SIM available at stores.
How will IT companies perform in Q4?
Wipro, TechM and HCL to lead sector growth in Q4, while Infosys to report soft quarter.
Bold steps Satya Nadella will take to change Microsoft
His appointment has helped spur Microsoft shares to $40-plus levels.
Investors keep faith in Sahara, for now
It's business as usual for Sahara in some places, but collection agents fend tough questions from investors.
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| March 26, 2014 | | Petrol price to be cut by over Re 1
Petrol prices are likely to be cut by over one rupee a litre early next week as appreciation
Bank of America cautions against excessive fear of poll outcome
It can be recalled that the market saw a massive 15.9 per cent sell-off in May 2004 after the surprise defeat of the NDA and a 15 per cent sensex rally after the emphatic re-election of the United Progressive Alliance in May 2009.
HTC launches 'world's best' Android smartphone
it has a 5-inch display, improved camera technology, and a faster processor.
Beware! 'Dendroid' virus threatens Android phones in India
The virus of the deadly 'Trojan' family, once activated, could change the command and control server of a user's personal Android phone and intercept private SMSes coming in
Sahara asked to pay Rs 10,000 cr to release Subrata Roy on bail
Sahara Group chief Subrata Roy was granted interim bail on Wednesday by the Supreme Court.
PSU stocks surge: Should you buy?
The performance has been a clear contrast to the movement in the first two months of 2014, when the S&P E PSU index massively underperformed the S&P E Sensex (down 0.2 per cent) by slipping nearly seven per cent.
How Ray-Ban maker will make Google Glass fashionable
Google has teamed up with Ray-Ban maker Luxottica in a bid to turn its Internet-connected Glass spectacles into a widely-available, stylish consumer product.
Cyber black market is a multi-billion-dollar business
RAND report says the market is replete with buyers, sellers & intermediaries; while rippers abound, they are regularly banned or pushed off the market.
Poll compulsions force diesel price rise rethink
The government will require poll panel's nod if it decides not to effect a price increase.
Facebook to buy virtual reality goggles maker for $2 bn
The acquisition, which comes hot on the heels of its $19 billion deal for messaging service WhatsApp, marks a big bet by Facebook.
Inflation targeting: What are banks, market fretting about?
Inflation targeting is not de facto a kind of shock therapy that the RBI wants to administer.
SPECIAL: How India Post is trying to strike it big
India Post plans to network 25,000 urban post offices by the end of this year and open 2,800 additional ATMs by March 2015.
UPA rule: The poor never had it so good
By all accounts, India's poor, mostly in rural areas, can look back to a 10-year period when their lot clearly improved.
Measures to check tax disputes in next Budget
The idea is to introduce in the next Budget a number of safeguards for preventing disputes with taxpayers.
Markets on steroid: Sensex, Nifty at new highs
Investors are likely to remain cautious tomorrow on account of March series F&O expiry.
End of Windows XP gives life to a new industry
Big security firms and streetside vendors alike are readying updates to protect the operating system against virus attacks and deadly malware.
World's BIGGEST oil consumers; India ranks 4
India consumes less than half the oil China does, which comes at second place.
The world's 10 most eligible billionaire bachelors
They are straight out of the Mills & Boons novel. Some of them fly their own helicopter, some stay in a castle, and yes, they have all the money in the world.
Now, withdraw money from BoI ATMs without an account
Bank of India has become the first state-run lender to allow withdrawal of funds to individuals from its ATMs without an account in the bank.
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| March 25, 2014 | | Sahara makes fresh proposal in SC for refunding Rs 20,000 cr
The Sahara group on Tuesday made a fresh proposal before the Supreme Court for depositing Rs 20,000 crore (Rs 200 billion) investors' money with SEBI to secure release of its chief Subrata Roy.
Changes that can make 'Aadhaar' a foolproof identity
The government has started linking Aadhaar numbers to various social security schemes and bank accounts.
Renault launches refreshed Fluence at Rs 13.99 lakh
The car comes with various features including a 3D sound system with eight speakers, automatic headlamps and rain sensing wipers.
Chevrolet drives in new Cruze; price starts at Rs 13.7 lakh
The updated version has new automatic transmission and better mileage.
'Indian carriers tried to block AirAsia's entry'
This is the first time that AirAsia chief has raised concerns about the dual airline strategy of the Tata group, his partner.
India shines in De Beers' supplier selection again
De Beers' will now have 82 sightholders; half are Indian entities.
Bad service: Squash champion Dipika wins case against Axis Bank
A consumer court in Chennai has directed Axis Bank to pay a compensation of Rs 5 lakh to Dipika Pallikal, squash champion and Arjuna awardee.
Essential medicine likely to get dearer as price revision looms
NPPA seeks data from firms to revalidate existing prices.
Biggest health risk: Air pollution killed 7 million in 2012
Most deaths are linked to either acute respiratory infections or chronic obstructive pulmonary diseases.
On DGCA radar for violations, business jets face tighter scrutiny
The European Aviation Safety Agency (which represents all EU countries) has also raised the red flag on the issue.
Best performing stocks: Tata Motors, TCS win, RIL falls
The benchmark Sensex has vaulted 2.7 times in five years.
Galaxy Note 3 Neo: Another winner from Samsung?
The phone is well endowed but comes at a price of Rs 35,000, which is a dampener.
How govt's welfare schemes turn into big scams
In several states, there were cases of falsification of records and money never reached the poor.
Sensex ends flat; Nifty at all-time high
Capital goods, realty and power stocks led from the front while losses in oil & gas heavyweights offset the gains.
6 awesome cars that should come to India
Here are some affordable yet technically advance cars from international markets that Indian consumer should experience.
India's impressive railway stations
The Indian Railways has one of the busiest and largest railway networks in the world.
TCS ranked fastest growing IT services brand
TCS beat tech giants IBM and Hewlett-Packard to become the fastest growing brand within the IT services sector.
These 4 carmakers to hike prices soon
Auto companies are looking to increase prices of their models mainly to offset higher input and operational costs.
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| March 24, 2014 | | Buying a home? Beware of builder's pre-launch offers
Home seekers should do a reality check before booking flat in a pre-launch offer.
Virender Sehwag starts new innings as an entrepreneur
With a sleek new school in Haryana, Virender Sehwag starts his new innings as an education entrepreneur.
Dell Venue: Feature rich tablet at a good price
A no non-sense device blessed with regal looks and costs Rs 10,999.
Should you buy the new Google Nexus 7 tablet?
If you have the old Nexus 7 tablet, should you upgrade it to the latest one?
How car pool companies try to lure more passengers
As online travel services pick up in India, car pooling services platforms are trying to keep up and lure more passengers.
How good roads have transformed Uttar Pradesh
The extraordinary thing about UP is that, quietly, there has been an enormous improvement in the quality of roads.
Why US doctors want Indian drugs to be banned
In the final part of a three-part series on America's war on substandard Indian generic drugs, speaks about American doctors' contempt for drugs exported from India and the ineptitude of the US Food and Drug Administration to stop the menace.
Ranchi witnesses a mini white revolution
Raya Dairy plans to expand into allied segments but securing a bigger share in the dairy space remains a challenge.
New Honda City diesel is a hit, beats Hyundai Verna
Honda's segment-first features and a competitively-priced diesel engine could help it reclaim its crown.
Markets bank on lenders; end at record high
Sensex closed up 300 points at 22,055 and the Nifty gained 89 points to close at 6,584.
US generics benefit from pharma see-saw
As India's drug majors in this segment increasingly trip on American standards, increasing the scrutiny on their practices, their counterparts look up there.
Which is the UPA govt's worst legacy?
The law may be good politics, but politics without grounding in basic economics is the surest guarantee of economic disaster.
Mumbai Metro likely to start operations soon
The Railway's research arm RDSO is likely to issue 'speed certificate' to the much-awaited Mumbai Metro this week.
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| March 22, 2014 | | Indra Nooyi bagged Rs 113 crore pay package in 2013
PepsiCo has given its India-born chief Indra Nooyi a pay package of $18.6 million (about Rs 113 crore) for 2013, a 7 per cent hike from the previous year.
Rajat Gupta should pay $13.9 mn penalty: SEC
US regulator SEC has asked an appeals court to affirm a district court's decision that India-born former Goldman Sachs director Rajat Gupta pay a $13.9 million penalty and be banned for life from serving as director of a public corporation.
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| March 21, 2014 | | India raises $1.4 billion in divestment push
The government on Friday raised as much as $1.4 billion through share sales, in a push to shore up state finances before it heads into a tough parliamentary election next month.
TCS ranked No 1 employer in Europe
The company was recognised as an exceptional performer across six core human resources areas -- primary conditions, secondary benefits, working conditions, training, career development and company culture.
BSE: Top gainers and losers
For the day, the Sensex closed 14 points higher at 21,754 while the Nifty slipped below the 6,500 levels to end the session at 6,493, a 10 point gain.
Wipro, Tata Power among world's most ethical companies
Wipro and Tata Power are among the world's most ethical companies, according to American think tank Ethisphere Institute.
Check out insurance plans designed for working women
According to a recent survey conducted by Nielsen across a few cities in India showed that over 23 percent of the working women now take their own financial decisions.
India's reaction myopic, irrational, says Ranbaxy whistle-blower
Ranbaxy whistleblower Dinesh Thakur tells that a formal Congress hearing on spurious drugs from India is being sought.
Anand Mahindra, Mittal among world's 50 greatest leaders
Indian business honchos Anand Mahindra and Lakshmi Mittal are among the world's 50 greatest leaders, according to Fortune magazine.
Rajan yet to firm up anti-inflation steps
A panel headed by Reserve Bank of India deputy governor Urjit Patel recommended in January moving to an inflation target.
India's dilemma: Raise subsidy or cut fiscal deficit
India's plan to double gas prices from April threatens to hit government efforts to cut its fiscal deficit.
Series: 'To revive economy India must focus on agriculture'
Major problems afflicting the national economy at the moment are unemployment, inflation and corruption, says Asim Dasgupta, former finance minister of Bengal.
Is there remedy to avert rampant corruption in India?
Relatively unnoticed in India is that China is going through its own high-profile battle with corruption.
15 most scenic train journeys in the world
Breathtaking rail rides around the globe.
Now, you can customise Datsun GO at affordable price
The company has also launched range of accessories starting at Rs 484 and going up to Rs 7,920.
Bullish FII bets help markets close higher
However, weakness in RIL and ONGC dragged Nifty below 6,500.
Modi-led govt may not boost economy, says Credit Suisse
It's hard to revive investment, as a quarter of stalled projects need Centre's nod, says the research firm.
Have a filmy name? You will get a discount on Virgin Atlantic!
Passengers with names such as Simran or Karan, Arjun or Kiran can now book with Virgin Atlantic and claim up to 10% discount.
'No-touch' phones, tablets, TV? Microsoft to power new tech
US tech giant Microsoft is working on next generation technology that will enable 'no-touch' phones, tablets and television sets that can be operated from afar, without the need to swipe them.
Reliance uses social media to refute Kejriwal's allegations
Reliance Industries on Thursday took to social media to refute allegations of receiving favours from a Gujarat minister who is related to company promoter Mukesh Ambani, saying that the allegations are baseless and politically motivated.
Becoming Microsoft CEO was beyond my dreams: Nadella
Nadella replaced Steve Ballmer as the CEO of Microsoft in February.
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| March 20, 2014 | | 9th senior-level exit at Infosys; Chandrashekar Kakal quits
Chandrashekar Kakal was operational head of the India business unit.
Starbucks says India operations fastest growing in its history
The US-based coffee chain, which had sewed up an equal joint venture with Tata Global Beverages, opened its first outlet in Mumbai in October 2012.
BSE: Top losers and gainers
The 30-share Sensex closed 80 points lower at 21,753 levels while the 50-unit NSE Nifty index was down 38 points at 6486 levels. Benchmarks plunged to their lowest levels since March 06, 2014.
Govt halves divestment target, how will it bridge deficit gap?
If disinvestment is to remain a sham, then at least the government should move onto real reforms on ownership and pricing in the crucial oil and gas sector.
A robot that blushes and more exciting gadgets
The world's largest technology exhibition, CeBIT held at Hanover annually showcases technology at its best.
War on made-in-India drugs comes to US Capitol Hill
Whistle-blower Dinesh Thakur tells briefing on US Capitol Hill: 'One in five medicines manufactured and distributed in India are spurious.' reports from Washington, DC.
Sensex to zoom if BJP wins elections: Poll
The Sensex is expected to hit 24,500 by the end of 2014.
There seems to be no end to India's mining woes
A new forest law gives people a greater say over how natural resources are exploited.
Working women face wage gap, questions on capabilities
At the entry level, most organisations do well in hiring and training women but the struggle with retention begins when women reach mid-managerial levels.
Air Costa gets ready for growth amid slowdown
Giving an idea of the scale of its ambitions, the four-month-old airline recently placed an order for 50 aircraft even as the sector is struggling.
UPA's Aadhar: Should next govt take onus of reviving it?
Perhaps the change brought about in the cooking gas economy will not lose its momentum if the next government proves forward-thinking enough to improve on one of the UPA's solid achievements.
The success mantra of Mukesh Ambani's retail foray
Billionaire Mukesh Ambani's Reliance Retail is poised to perform a rare feat by finally turning profitable.
4 ways the new PM can revive the economy
What will it take the next government to revive growth? , Jagdish Bhagwati Professor of Indian Political Economy at Columbia University, and one of the world's leading economists, offers a checklist.
Are IT stocks a good contrarion bet?
With a change in investor preference to cyclical stocks like those of capital goods, infrastructure and automobile firms, the defensives, especially the IT pack, have taken a back seat.
Nissan rolls out Datsun GO at Rs 3.12 lakh
The car holds promise of premium experience at affordable price.
US Fed reduces tapering programme; keeps interest rates low
The US Federal Reserve has announced to maintain its bond purchase tapering programme.
SpiceJet puts passengers at risk, celebrates Holi mid-air
Mid-air Holi celebrations aboard eight flights have cost no-frill carrier SpiceJet heavily.
Sensex plunges to two-week low on global cues
US Federal Reserve Chairper Janet Yellen hinted at raising interest rates sooner than expected, in her first press conference after assuming the top job at US central bank.
World's 10 most dangerous places to work
Global working conditions have worsened in 2014.
A fillip for Modi: Gujarat ranked No 1 in economic freedom
Gujarat tops the list of states in terms of economic freedom, improving its position from the 5th place in 2005.
Boom to doom: TCS warns of weaker Q4 earnings
After Infosys, the country's largest software services firm Tata Consultancy Services has
RBI allows more banks to import gold
RBI has permitted Axis Bank, Kotak Mahindra Bank, IndusInd Bank and Yes Bank to import gold.
Jignesh Shah's firm not fit and proper to run bourses: Sebi
Gives 90 days time to dispose stake in four entities.
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| March 19, 2014 | | Why has Malaysian Airlines lost business in India?
Travel companies are opting for Thai Airways, Singapore Airlines, Sri Lankan Airlines and Air India for holiday-makers.
How tepid realty market is hindering Air India revival
Asset sale plans lag target in both current and next financial years; the airline had a three-year plan to monetise assets worth Rs 5,000 crore (Rs 50 billion) by March 2016.
Coming soon: An Android smartwatch from Google!
The Android Wear project is open to software makers to create apps for the watches, putting Google at the forefront of efforts to jumpstart the nascent wearable computing market.
We miss these awesome cars that went out of production
With increasing competition and slowdown, auto firms are shedding old vehicles to make way for new ones.
COLUMN: How Amit Mitra fixed Bengal's finances
Amit Mitra may have stopped talking about relaxing rules for foreign investment in India, but there is no dilution of his commitment to the cause of fiscal consolidation in West Bengal.
FIFA World Cup: Why are brands looking beyond sponsorships
Big brands are getting involved with Football that is fast gaining traction in the nation, at lower investments that cricket.
How Nadella revived the fortunes of Manipal University
Wall Street might have been lukewarm to Satya Nadella's appointment as the chief executive officer of Microsoft but in India the development has revived the fortunes of Manipal University, his alma mater.
Tribute: Why India must be in eternal debt to F C Kohli
Faqir Chand Kohli, Padma Bhushan, will be 90 on March 19, 2014. It is a day to celebrate for many Indians whose life he has touched directly or indirectly, says , the well-known technology journalist who as vice-president, TCS, has known Mr Kohli for two decades.
MNCs' India honeymoon gets over in UPA-II
Blame the government's huge tax demand, while domestic investors point to their falling corporate governance standards.
Orient-Express may open a luxury hotel in India
Orient-Express Hotels (OEH), the Bermuda-based owner and operator of luxury hotels, trains, river cruises and restaurants, is open to expanding its global reach, which could include a base in India.
3 Indian airports among the world's best
The Rajiv Gandhi International Airport (RGIA) in Hyderabad has retained its second position for the year 2013 in the 5-15 million passengers category.
Behind the scenes: How hackers take control of your life
They can spy on you through the webcam, and use it to annoy, bully and blackmail you.
Meet the man who designed the gorgeous Ford EcoSport
Ehab Kaoud takes you behind the scenes.
American biz body's wishlist to boost Indo-US trade to $500 billion
The USIBC calls for legislation and implementation of the plan that provides certainty in India's international tax treaties and investment structures.
Corporate houses in India may not get bank licences
Only 4-5 applicants could make the cut; India Post has little chance.
Bengaluru troubled by industrial unrest
Bengaluru's manufacturing sector has in the past few years witnessed one of its worst phases, thanks to labour unrest in the region's industrial hub.
Markets consolidate ahead of US Fed meet
The 30-share Sensex ended flat at 21,833 and 50-share Nifty gained 7 points at 6,524.
'India may become a water-scarce country by 2020'
Governments are increasingly putting pressure on industries to adopt best international
Motorola launches Moto X; price starts at Rs 23,999
It comes with dual core processor and 2GB RAM.
Apple to replace iPad 2 with upgraded iPad4
Apple Inc said it would offer an upgraded iPad 4 tablet in place of the mid-range iPad 2 at the same price.
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| March 18, 2014 | | BSE: Top gainers and losers
The 30-share Sensex ended up 12 points at 21,822 after touching a fresh intra-day high of 22,040.72 and the 50-share Nifty ended up 12 points at 6,517 after hitting a new intra-day high of 6,574.95.
Want tax benefits? Your relatives can be of help
Claim these last-minute tax savers and get better after-tax returns.
Why industrialist Pawan Ruia is cosying up to Narendra Modi
The performance of his business has moved in tandem with his connections to the ruling party.
How you can survive after MS pulls the plug on Windows XP
After support ends for Windows XP, Microsoft will stop patching vulnerabilities and updating the operating system (OS).
Are Indian drugs safe? US doctors worried over quality
Some US doctors are becoming concerned about the quality of generic drugs supplied by Indian manufacturers following a flurry of recalls and import bans by the Food and Drug Administration.
7 awesome small-cars coming soon to India
Country to witness spate of small and affordable auto launches in next 18 months.
UPA or BJP: Here's how to invest smartly during elections
Existing investors should not make any drastic changes in their portfolio at the onset of elections, say experts.
China to beat US in high-tech trade
Exports of high-tech products will grow more quickly than exports of other goods over the next 15 years as emerging Asia moves away from being a low-cost production hub for foreign brands and toward developing value-added local products, according to research from HSBC.
Challenges Modi will face to revive the economy
Narendra Modi may be able to fix India's ailing domestic economy, but it's the sorry state of world demand that will pose a bigger and more intractable challenge to the country's prime ministerial hopeful.
A tale of changing corporate colours
Chances are the logo would get even more colourful as its steps into new areas going forward.
Markets end flat on profit taking
Bench mark share indices ended marginally higher as investors booked profits at higher levels.
Working in govt projects frustrating, says Infosys
The Bengaluru-based company is currently engaged with around 20 projects in the government sector, including those of central government departments and state governments.
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| March 14, 2014 | | Sahara investors untraceable, but search empties Sebi coffers
In the high-profile case involving refund of over Rs 24,000 crore (Rs 240 billion) and additional interest of 15 per cent per annum, the Supreme Court had asked Saharas in August 2012 to submit all documents and refund money to Sebi for further repayments
BSE: Top gainers and losers
The Sensex closed at 21,810, up 35 points or 0.2% and the Nifty gained 11 points or 0.2% to close above the psychological 6,500 levels at 6,504.
The flu bug bit Google!
Researchers examined Google Flu Trend, which was designed to provide real-time monitoring of flu cases around the world based on Google searches that matched terms for flu-related activity.
Economy to grow at 5.5% in Q4, says Rangarajan
Retail inflation in February has come down to a 25-month low of 8.1 per cent.
India born Rajeev Suri may become Nokia's next CEO
Rajeev Suri, the head of Nokia's telecoms network equipment division, is likely to become the Finnish group's next chief executive following the sale of its handset business to Microsoft.
SC notice to Centre, Ranbaxy on plea for cancelling its licence
Agreeing to examine the allegations, a bench headed by Chief Justice P Sathasivam, however, refused to pass any interim order for restraining the company from manufacturing drugs.
The man behind Quikr's success story
When Quikr.com, a Mumbai-based online and mobile classifieds firm, recently raised Rs 550 crore ($90 million) from foreign investors, the company drew attention like never before.
Lay-offs: When will the tide turn for India Inc's job market?
Blue chip Indian companies are letting go human resource to attain cost-efficiencies.
Some respite! Inflation eases to 9-month low of 4.68%
Food prices rose 8.12% year-on-year last month, slower than an annual rise of 8.80% in January.
7 most expensive bungalows sold in Mumbai
Mumbai's property market stumps you with eye-popping deals on heritage assets.
Visit Kerala's Technopark, the biggest IT hub in India
The IT hub, Technopark in the state capital Thiruvananthapuram is now the biggest IT park in India with a total built up area of 7.2 million square feet.
Another controversy haunts the Sahara parivar
Battling a long-drawn legal tussle with Sebi, conglomerate Saharas claim to have as many as 4,799 establishments under its fold, but its 'Chief Guardian and Managing Worker' Subrata Roy holds board seats on just a handful of registered group companies.
Secretive 24-year-old is world's youngest billionaire
A secretive 24-year-old woman tops the list.
Maruti Alto is the world's best selling small car
It beats popular cars such as Volkswagen Gold and Toyota Prius.
Tata Global's vision: Aggressive biz models, tie-ups overseas
Tata Global Beverages has set out on a journey to become a global leader in branded beverages through innovation, strategic acquisition and organic growth.
4 infra stocks that have become darlings of D-street
L&T, Engineers India, IRB Infra & VA Tech Wabag have strong balance sheets, beside good earnings visibility. And this makes them a favourite amongst the trader community.
Is employee attrition the biggest challenge for Infosys?
Senior exits and across the board attrition have started affecting the company's ability to grow business
Air India may re-induct 13 sacked flight attendants
Sacked staff say the were misled, have agreed to all guidelines put forth by the company.
Markets stage recovery; Sensex ends in green
L&T, ITC, Infosys and RIL among the top gainers.
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| March 13, 2014 | | Nokia to roll out X+, XL in Q2
Nokia India on Thursday announced to roll out Android-based smart phone 'X', with a price tag of Rs 8,599.
BSE: Top losers and gainers
The 30-share Sensex shed 82 points or 0.4% to close at 21,775 levels and the 50-share Nifty was down 24 points or 0.4% at 6,493.10 levels.
Murthy concerned over decline in Infosys' growth
The Infosys co-founder, who was brought back to head the firm in June last year, also expressed unhappiness over the laggard performance in the last two years.
Rajan unlikely to cut rates on April 1
Foreign brokerage HSBC said emergence of pleasing data and the likelihood of RBI holding its key rate on April 1, should not lead to believing that the rate tightening cycle is over.
Boeing in talks with India airlines on 737 MAX jet
This is an increase from a Boeing forecast last year of 1,450 new airplanes worth $175 billion.
No respite for Subrata Roy as SC denies bail
The hearing was adjourned to March 25.
Maruti drives in special edition Swift Dzire
The car is priced at Rs 686,000.
The thorn in India-US business ties
The challenge for India will be to ensure the law does not get out of step with the demands of a country that needs foreign investment and new technologies.
This iconic Mumbai bungalow likely to fetch Rs 280 crore
Mumbai may see the most expensive real estate deal mid this year.
Infosys paints gloomy outlook for Q4
Company's ADR fell 7% on Nasdaq after CEO Shibulal's comments.
Can Modi rescue the Indian economy?
Even if Narendra Modi comes to power, the revival of sustainable growth is far from certain.
Is India better than other fragile economies?
Among the 'Fragile Five' currencies as defined by Morgan Stanley, the rupee has emerged as the biggest gainer since August 28, 2013.
Infosys drags markets; Sensex sheds 82 points
IT major Infosys crashed 8.5 per cent to 3,357.50 on reports that the management expects sluggish growth in January-March quarter in the current financial year.
What went wrong with Tata Motors?
The company whose sales slumped 37 per cent in the nine months to December hopes to stem the tide with a slew of launches starting with the Zest and Bolt.
Why is Dalal steet influenced by upcoming elections?
Marketmen want to make the most of volatility caused due to elections.
Why wealthy Indian maharajas don't make it to billionaires' list
Little-known stories of royal families losing their wealth.
CEO denies Shiv Nadar selling stake in HCL Tech
Last month, a Wall Street Journal report said Nadar planned to sell his stake worth $10 billion (or about Rs 61,000 crore, based on Wednesday's stock price of Rs 1,458.95) and was scouting for potential buyers.
Why Indian managers are top draw for global companies
Humble attitude, capacity to adapt to complex situations make Indian managers much sought-after.
India to slash Iran oil imports
India, with the increases already made in the January-March loading plans from Iran, has to cut its purchases of the crude to about 110,000 barrels per day.
Big Pharma still betting on 'messed up' Indian drugs market
The two top foreign players, Abbott Laboratories and GlaxoSmithKline Plc, are actually stepping up investment into India.
Hyundai Xcent is cheaper than Maruti Dzire, Honda Amaze
This can spark off a price war.
Series: 'Next goverment's biggest challenge is to create jobs'
Our ways of working lack innovation and our thinking is bureaucratic. Policy paralysis will continue, Mudit Jain, executive director of DCW, told Rediff.com's in an exclusive interview on the Indian economy.
Many Sahara real estate projects still on drawing board
Of the 10 projects under Sahara City Homes, at least four -- in Ahmedabad (Gujarat), Aurangabad and Pune (Maharashtra) and Bareilly (Uttar Pradesh) -- have either not taken off or are stuck.
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| March 12, 2014 | | BSE: Top gainers and losers
The 30-share Sensex ended 30 points at 21,856 and the 50-share Nifty ended up 5 points at 6,517.
Hyundai launches Xcent sedan at an unbelievable price
The car starts at Rs 4.66 lakh.
Will this city be Australia's Silicon Valley or its Detroit?
Australia largely avoided the turmoil of the global financial crisis by leveraging Chinese demand for its abundant natural resources.
Sahara gets unsolicited offers for prized hotel assets
Embroiled in a major crisis back home, Indian conglomerate Sahara has got unsolicited
SPECIAL: How Yash Birla won one of life's toughest battles
On a Prayer is a book on Birla's journey from a state of oblivion to survival, where his deep belief in spirituality and his faith in true love act as a crutch for him to go on.
Has Subrata Roy's arrest hit sales at Q Shop?
Selling anything from packaged food to home appliances, these kiosk-like shops have sales of Rs 40,000-Rs 50,000 a month in a busy locality, with 25-30 customers a day.
World's 15 richest tech billionaires
While Bill Gates tops the billionaire charts, Mark Zuckerberg is this year's biggest gainer.
Debunking the Indian economy machine
The first of a 4-part article on how the Indian economy functions, and the problems it faces.
Will the Supreme Court release Subrata Roy?
The Supreme Court will hear Subrata Roy's plea against his detention on Thursday.
Gujarat's labour law not industry-friendly: Survey
The government of Gujarat has been projecting its industrial growth as a model for other states but it does not appear so industry-friendly in the number of labour laws one needs to comply with, shows a survey.
Deepika Padukone, the highest paid female brand endorser
Even after increasing her fees, the daughter of badminton star Prakash Padukone poses a challenge to Kareena Kapoor and Katrina Kaif.
Markets end flat ahead of Jan IIP, Feb CPI data
Markets end flat ahead as investors turned cautious and booked profits ahead of Jan IIP, Feb CPI data.
Reasons behind India's poor show in exports
The fall in exports is a product of poor policy from the RBI and laziness from the Centre.
Revealed! Datsun Go to be priced between Rs 3 and 3.8 lakh
The company had started bookings for the hatch for Rs 11,000.
Fitness trainers who keep Ambanis, Birlas, Piramals in shape
Billionaires pay trainers up to Rs 5,000 per hour to keep them in top physical shape.
14 Indians in WEF's Young Global Leaders class of 2014
Out of the 214 Young Global Leaders who were honoured for leadership and service to society, 109 are women.
Good news! SpiceJet, IndiGo offer huge discounts on tickets
In a bid to cash in on upcoming summer holiday season, low-cost carriers SpiceJet and IndiGo on Tuesday launched the fourth round of price war in the bleeding aviation sector, offering massive discounts on tickets.
NRIs on short trips barred from gold imports
Shipments to take further hit.
What's keeping the FIIs interested in India?
Foreign inflows into the equity market appear to be chasing the prospect of a supposed game-changing BJP election victory, with the party's strong performance in recent state elections boosting these hopes
Now, Sahara seeks truckloads of opinions
Sahara has asked its employees and associates to reach out to 12 million people and conduct a survey.
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| March 11, 2014 | | BSE: Top losers and gainers
The 30-share Sensex shed 108 points or 0.4% to close at 21,826 levels after hitting an intra-day low of 21772 and the 50-share Nifty recovered from its day's low of 6,494 to close at 6,512 levels, down 25 points or 0.4%.
Malaysia Airlines has one of Asia's best safety records
Malaysia Airlines, the operator of Flight MH370 that went missing en route from Kuala Lumpur to Beijing on Saturday, has established a record as one of the Asia-Pacific's best full-service carriers in terms of safety and service.
Investing in stocks? Be smart, be safe!
Don't rush to buy or sell aggressively. At best, exit stocks and mutual funds performing badly if there are profits.
All-new Tata Aria launched at Rs 9.95 lakh
The new model is also more fuel efficient and returns 15.05 kmpl mileage.
Google's Nikesh Arora to get $3.5 mn bonus
Internet search giant Google's India-born Chief Business Officer Nikesh Arora will receive a bonus of $3.5 million, the highest amount paid to a top executive at the company for performance in fiscal year 2013.
Is the tide turning for cyclical stocks?
Analysts expect momentum to continue but say a progressive govt will be key
Why 'Post Bank of India' is not a workable idea
The prospect of India Post turning into a bank sounds like a capital idea, especially since we are talking about inclusive banking.
7 women make it to Fortune India's 40 under 40 list
The list comprises entrepreneurs and professionals aged 40 and less as of December 31, 2013.
What do India's Swiss banks do?
These companies are not registered with RBI or the Securities and Exchange Board of India, the key agencies regulating the financial markets.
The 10 most FUTURISTIC cities
Some cities today are using technology to fight crime by installing systems that can detect gun shots and biological weapons.
Coming soon: WagonR, Alto K10 with automatic gears
The AMT technology essentially allows a driver to drive both in a fully automatic mode or in a partially-automatic mode.
Is there hope for Maruti's protesting shareholders?
The question in Maruti's relationship with its parent company, Suzuki, is whether the Japanese company intends to treat its minority Indian shareholders fairly.
Indian market costliest among BRICS nations
Difference between India and other BRICS nations has increased recently as India heads into elections and investors hope the next five years will bring in growth
Over 50% jump in ticket rates for premium Jammu train
The booking of tickets for the Premium special train for Jammu on Monday drew a good response with the dynamic fare system in place for the same seeing a more than 50 per cent jump in the rates for AC-II and AC-III tickets.
Markets end low as investors book profits
Reliance Industries, HDFC Bank, Tata Steel, Sun Pharma and ITC were the top Sensex dragging the benchmark 93 points lower.
Daughters of India Inc honchos storm the male bastion
Leading political rallies or taking charge in boardrooms, the next-gen woman is taking it all in her stride.
Narrow escape for Subrata Roy's sons
Sushanto Roy and Seemanto Roy quit the board of Sahara India Real Estate Corp in Feb-Mar 2008; firm filed Red Herring Prospectus on March 13, 2008
| | | |
| March 10, 2014 | | Sahara fallout: Seaplane service to Aamby Valley put off
With Sahara India chief Subrata Roy behind bars, the country's first seaplane service from the megapolis to Aamby Valley City, which is run by the Sahara group, was today grounded for the time being.
Will UPA manage to implement Food Bill before elections?
If the government manages to deliver on Congress chief Sonia Gandhi's scheme of providing grains to the needy at nominal rates, it could mean an end malnutrition issues in rural areas.
Airlines to travel agents: Pay on time or face suspension
According to the new billing system, travel agents will have to make payment to airlines within seven days.
Nokia launches its first Android phone at Rs 8,599
The company will soon bring two more similar devices to the Indian market.
Why FIIs are in love with 'desi' stocks
Foreign institutional investors which were net sellers in till Feb have started buying shares in Indian market.
Renting an elephant in Kerala? Pay Rs 4.5 lakh a day!
Demand-supply mismatch and diverse govt regulations have sent the price soaring for renting an elephant in Kerala.
Mumbai is the cheapest city in the world, Delhi ranks 3
The inequality between the rich and the poor keeps wages and prices low.
Pre-election markets are likely to stay positive
The metal might see-saw between $1,200 and $1,400. A breakout beyond either of these limits could result in a decisive trend.
Domestic car sales rise 1.39% in February
Vehicle sales across categories registered an increase of 4.99 per cent to 15,23,693 units from 14,51,263 units in February 2013.
What India should do to improve its global image
The more globally integrated the economy becomes, the more this inefficiency costs us, in terms of foregone export opportunities because of higher costs and more expensive imports.
Were international gold prices manipulated?
The metal might see-saw between $1,200 and $1,400. A breakout beyond either of these limits could result in a decisive trend.
How a Rs 3,70,00,00,00,000 mountain rose against Sahara
That's the amount payable by the Sahara group firms, according to Sebi's latest statement
Sensex edges to record high, closes at 21,935
Markets ended flat as gains in cyclicals helped offset losses in defensive sectors.
Mumbai airport plans Rs 1,600-crore upgrade
Metro link, T2 terminal expansion, taxiway and underground tunnel proposed.
The 5 FITTEST CEOs in India
Whether it's running a 42- km marathon or a grinding rally drive, these men take exertions in their stride.
IMAGES: The making of salt in India
India is the third largest producer of salt in the world after the US and China.
Is this a good time to buy a car?
The government seems to have come to the rescue of potential car buyers.
| | | |
| March 07, 2014 | | Has Bihar's growth rate halved in past one year?
Quoting from the report of Central Statistics Office, the former deputy chief minister Sushil Kumar Modi said that Bihar's growth rate has reduced to half at 8.82 per cent
Women's Day: Jet, GoAir slash prices
The national carrier Air India is mulling an all-women crew flight.
BSE: Top gainers and losers
The 30-share Sensex ended up 406 points at 21,924 after touching an intra-day high of 21,919 and the 50-share Nifty ended up 126 points at 6,526 after hitting an intra-day high of 6,538.
Proportion of Indian women in senior rank below global average
The representation of Indian women in senior company positions remains a cause of concern at 14 per cent, below the global average.
Samsung wins the court battle against Apple
Judge rejected Apple's request for a permanent sales ban in the US against some older Samsung smartphones.
Is the Facebook-WhatsApp deal under threat?
WhatsApp has stated that it does not intend to collect user data for advertising purposes.
Flickr co-founder hits another gold mine
Caterina Fake, the CEO, believes that there is still space for social networking apps.
New bank licences in a few weeks, says Rajan
The RBI is expected to issue only a few bank licences after completing due diligence.
Reviving the economy: What the next government should do
The new government will have to start by addressing some key policy concerns, says , and draws up a checklist.
How Google plans to encourage more women entrepreneurs
The efforts, a part of '#40 Forward' programme under Google for Entrepreneurs', are aimed at finding new ways to advance female entrepreneurs.
These women CEOs bagged the highest salaries
In the male-dominated corporate world, these brilliant women have proved their mettle and made a big difference.
India Inc's pride: Meet 10 powerful women leaders
Modern Indian women have come a long way from playing the stereotypical role of a housewife to donning the roles of CEOs in leading Indian and foreign companies.
SC rejects Sahara proposal, Roy to remain in Tihar Jail
The company wanted to pay off the depositors' money in instalments.
Top 5 Android tablets under Rs 10,000
Take a look at the top-five tablets under Rs 10,000.
10 things that even millionaires can't afford to buy
Millionaires would be proud of the money in the bank, but there are a handful of things that are still beyond your reach
FIIs lift markets to new heights, Sensex nearly at 22,000
The Sensex and the Nifty ended at fresh closing highs led by banks and index heavyweight RIL.
The 10 most influential women in tech world
These women may not have founded the current-day tech giants but they surely have made them successful.
Two Indians among world's richest women
Two Indian women - Savitri Jindal and Indu Jain - have made it to the Forbes list of the world's billionaires that saw a record number of women this year.
India's HIGHEST paid women CEOs
Here's a look at some who have made a name for themselves through sheer grit and hard work.
Datsun GO: Big car at a small price
The four-wheeler appears costlier than it is.
| | | |
| March 06, 2014 | | US seeks 'talk and trade' to rebuild India ties
Rows over drug patents, solar panels and software piracy have blighted relations of late.
India to have 4th highest number of billionaires by 2023
India is projected to be home to the fourth highest number of billionaires in the world by 2023.
Loud and clear: Perform or quit, says Air India to staff
In a bid to lower its staff cost, Air India has started sacking under-performing employees. The civil aviation ministry has made it clear to the national carrier to cut down unwanted expenditure in order to get government's support.
Why India must employ half a million ethical hackers
Several organisations have had to repent for not deploying ethical or white hat hackers to test their internal and external technology infrastructure for vulnerabilities which could be exploited.
The 30 HIGHEST paid CEOs in India
You won't believe the compensation Indian CEOs get!
America's biggest swindler stripped of MBA degree
This is the first time the Stanford Graduate School of Business has revoked a graduate's degree.
High charges on spectrum, petroleum: Who benefits from this?
The author examines whether government levies on these critical inputs are beneficial or detrimental.
Buying a home? Beware of fancy claims the agent makes
While buying a property, never trust an estate agent fully. Be doubly sure of the amenities before making any down payment.
Coming soon: Nokia's Android phone in India at Rs 8,500
Nokia's much-awaited Android-based 'Nokia X' will be available in India from March 15, as the Finnish firm takes head-on the likes of Samsung and Micromax to grab a share of the burgeoning affordable smartphone market.
Here's a quick fix to resolve RIL's natural gas pricing issue
RIL is keen to hike gas price from April 2014 but due to some technical glitches, it may not be able to pass on burden of high production cost to customers.
Sahara urgently tries to free chief in bond case
Roy was receiving the same treatment as other inmates, the only privilege being that he gets a bed as he is over 60 years of age.
India is the most difficult country to do business in: Study
The study also pegs India as the country having highest external political risks.
| | | |
| March 05, 2014 | | Current account deficit narrows sharply to $4.2 bn in Q3
The lower CAD was primarily on account of a decline in the trade deficit.
Advocate who threw ink on Subrata Roy sent to Tihar jail
The lawyer, who threw black ink at Sahara Group chief Subrata Roy in the Supreme Court premises on Tuesday, was today sent to Tihar jail by a Delhi court after
Micromax launches octa-core smartphone for Rs 19,999
The device has a MediaTek 2GHz tru octa-core processor with 2GB RAM and has a 5-inch full high definition display.
Catch them young: Four money saving habits you should teach your kids
Parents should more often talk about financial planning with their children. This will boost saving habit in them at an early age.
Premji, Murthy among world's tech billionaires
Thanks to the technology boom, the Forbes global rich list has a record 123 billionaires including six Indians who made fortunes from technology ventures.
How India can fire itself back to high growth
Fix agriculture to target food inflation, create labour-intensive manufacturing to target the current account deficit, and fiscal restructuring can target the infrastructure deficit.
Honda Mobilio: The biggest car launch of this year
The major rivals of the car include Maruti Ertiga, Chevrolet Enjoy, and Mahindra Xylo.
India must call the US' bluff on patents
The recent US-India friction over trade is being driven by Big Pharma.
Is Reliance 'stealing' gas from ONGC's block?
State-owned Oil and Natural Gas Corp (ONGC) has written to the Oil Ministry seeking
7 gorgeous mini-SUVs that will soon hit Indian roads
Maruti, Mahindra, Tata are all planning to come up with competitor of Ford Ecosport.
Warren Buffett tells you how to become rich
New entrepreneurs and investment gurus can never miss out on Buffet's tips on investment.
Haven't filed tax returns? You still have time
If belated returns are not filed till March 2014 and there is no outstanding tax, you can be charged a penalty of Rs 5,000.
Petrol cars from M&M, Tata soon
M&M is working on petrol engine while Tata is set to introduce petrol option in Bolt and Zest.
Deutsche sets Sensex target at 24,000 by December
The Sensex is likely to scale 24,000 mark by December-end on receding chances of a fractured verdict in the upcoming Lok Sabha elections, lower inflation and improving global risk appetite, German brokerage Deutsche Securities said on Tuesday.
No goof-up in note printing, says RBI
New notes bearing signature of former Governor D Subbarao are legal tender and the process of changing signature is underway
| | | |
| March 04, 2014 | | Humiliating experience for Subrata Roy at Supreme Court
Sahara Chief Subrata Roy was on Tuesday ordered to remain in custody for a week in Delhi by the Supreme Court which was unhappy over the proposal his group on the refund of investors' money as it has not come up with any concrete proposal.
5 pearls of wisdom from Buffett's 2014 letter to investors
Advice from Oracle of Omaha's to shareholders.
Mukesh Ambani's wealth sinks
Business tycoon Mukesh Ambani may have retained his title as India's richest person for 7th year in a row, but his place among the world's richest people has dropped to lowest in eight years.
Subrata Roy to sleep on the floor at Tihar, eat jail food
Sahara chief Subrata Roy, who was sent in judicial custody for a week in Delhi by the Supreme Court today, will be kept in high-security Tihar prison where he will sleep on the floor and eat jail food like an ordinary prisoner.
India's richest people, Mukesh Ambani is No 1
India ranks fifth in the global rich list with 89 billionaires.
Is this the end of the road for Subrata Roy?
Subrata Roy, the self-styled managing worker of Sahara India Pariwar, India's biggest private-sector employer, will appear before the Supreme Court on Tuesday after spending the weekend in custody at a government nature-reserve guest house.
The rise of new rich and powerful in UP, Bihar
From northern backwaters, a new business elite emerges
Should investors expect optimism on D-Street before elections
If the outcome of the elections is as expected, markets, which have lost hope on the government, will start discounting a brighter future
Bangalore's pride: India's first electric bus
In a move to make Bangalore a greener and cleaner city, the state-run Bangalore Metropolitan Transport Corporation (BMTC) will operate a swanky electric bus on a trial basis for three months.
Mystery shrouds Subrata Roy's movement to Delhi
No one knows when and how the powerful corporate giant was actually carted from Lucknow's state forest guest house.
To cut cost, Infy to use more offshore sites
Infosys is now testing with five or six global clients
Bill Gates regains 'world's richest man' title
Microsoft co-founder Bill Gates has regained the title of the world's richest man in the Forbes magazine's annual billionaire list.
| | | |
| March 03, 2014 | | RBI extends deadline for exchanging pre-2005 notes
The Reserve Bank granted an additional nine months for the public to exchange currency notes printed before 2005, including Rs 500 and Rs 1,000 denominations.
Maruti chief clarifies on royalty payment to Suzuki
Shares of Maruti Suzuki tanked over 5 percent last week on concerns related to its plant in Gujrat. However, its chairman says, company will deliver good results in ensung quarters.
TCS, Wipro spend crores on US lobbying in 2013
The two company spent about over Rs 3.15 crore.
India tightens checks to curb gold smuggling
The move could aggravate shortages in the physical market as authorities seize gold without a valid provenance.
Two top execs quit Microsoft after Nadella takes charge
In the biggest management reshuffle at Microsoft Corp since Satya Nadella took over as its chief executive, two top executives, Tony Bates and Tami Reller, will leave the company while a former Clinton family aide will become its chief strategy officer, according to media reports.
These are the benefits of keeping your bank account active
An employee should always keep his bank account active inorder to claim PPF after he joins a new office.
6 upcoming competitors of Maruti Ertiga, Toyota Innova
Automakers are betting big on utility vehicles as buyers will soon graduate from small cars to premium ones.
Foxed by ghost investors, Sebi seeks foreign help in Sahara case
The market regulator is seeking help from its peers in Mauritius, the UK and the US to solve the high-profile money laundering case involving Sahara chief Subrata Roy.
Snapdeal's lessons from eBay
In its race to climb up the charts in e-tailing revenues, it is picking new revenue streams that others are yet to adopt, for example, carrying ads
Cities that saw the highest rise and fall in realty prices
Even as demand in the real estate market remains sluggish, Delhi and Mumbai have recoded property price appreciation of 33.3 per cent and 22.65 per cent, respectively.
Cars that Ambanis, Godrej, Birla, Mallya love to drive
From custom-made luxury sedans to fast and furious supercars, India's billionaires rule the roads
The little big men who made Modi's big day
A handful of entities provided the platform for Narendra Modi to unveil his governance agenda.
Think before you go shopping: The taxman is watching
Database planned to capture more individual purchases, reduce tax evasion
| | | |
| February 28, 2014 | | Subrata Roy's police custody is more like 'house arrest'
It was tough to say if Roy was in police custody or vice versa.
Petrol, diesel prices hiked again
Petrol price hiked by 60 paise per litre, diesel by 50 paise.
Religious heads should educate masses on climate change
It is difficult to predict whether religious organisations can mobilise enough global public pressure to minimise perils of global warming.
India's GDP disappoints with 4.7% growth in Dec quarter
December's figure was the seventh successive quarter of economic growth below 5 per cent.
RBI may not raise rates on April 1 policy review: BNP Paribas
According to the financial services major, the recent decline in inflation, driven largely by food prices, gives the RBI room to pause monetary tightening.
'Long term view on India remains optimistic'
Jain was honoured by the Jewish Museum at its annual high-profile gala here as a tribute to his personal and professional relationships with the city's Jewish community.
AAP's charges over Singapore deals false, defamatory: RIL
The Aam Aadmi Party (AAP) has sought an investigation into deals in which privately held companies of Reliance Industries Ltd (RIL) Chairman Mukesh Ambani received Rs 6,530 crore (Rs 65.30 billion) through a multi-level transaction routed through two companies in Singapore.
Sebi-Sahara case: A saga of big numbers and innocuous names
The high-profile saga -- which on Friday saw the arrest of flamboyant Sahara group chief Subrata Roy, who calls himself 'Managing Worker' of his business empire -- has seen many dramatic events along the way.
SC declines to recall non-bailable warrant against Subrata Roy
The Supreme Court on Friday declined to hear Sahara chief Subrata Roy's plea for recall of the non-bailable warrant (NBW) issued by it against him in a contempt case.
Govt approves 100% DA, Rs 1,000 minimum monthly pension
The move will benefit 50 lakh (5 million) employees and 30 lakh (3 million)
How the UPA killed the Indian economy
looks back at the tragedy of errors that has landed the once buoyant Indian economy in its worst mess in recent times.
Can dollar come to the rescue of India Inc?
Net profit of FMCG, IT and pharma firms was up 33 per cent in the third quarter, accounting for nearly half of India Inc's profits ex-financials and oil.
How Modi plans to eradicate poverty, push growth
The Gujarat chief minister tells business leaders he will focus on poverty removal, jobs while pushing growth.
Subrata Roy to be in police custody till March 4
Over seven hours after he was arrested, Sahara Chief Subrata Roy was produced in a court here which directed the UP police to keep him in custody till March 4 when he will be produced before Supreme Court.
Car buyers refuse to bite excise carrot
Price reduction by auto buyers leads to only a marginal rise in enquiry level.
Can Subrata Roy escape from being arrested?
Having offered unconditional apology to SC, Subrata Roy can now try convincing apex court why he failed to appear before it
Markets end at five-week highs ahead of Q3 GDP data
Markets gained for the fifth straight session to end at five-week highs led by TCS, Tata Motors and pharma shares.
I am not absconding; ready to follow SC order: Subrata Roy
In a dramatic turn of events, Sahara chief Subrata Roy on Friday said he is not absconding from arrest and is ready to "unconditionally follow" whatever direction
IMAGES: How this tribe catches illegal gold miners
The Munduruku tribe in the Amazon searches for and expels illegal gold miners encroaching on their land.
Next one year is the most crucial for WTO trade talks
With the Bali deal settled, countries should now focus on long pending issues such as market access and reduction in green goods tariff
Exciting car launches from Maruti this year
Among these will be all-new Swift and Dzire.
World's 10 best luxury trains
These 10 spectacular trains promise the most exciting and luxurious journeys through historic places, rocky mountains, forests, deserts and even snowcapped landscapes.
Shatabdi speed to go up to 160 km on select routes
The Railways is gearing up to run Shatabdi Express at 160 km per hour speed to reduce travel time between Delhi-Agra and Delhi-Chandigarh by the year-end.
'Smartphone sales growth to slow down to 8.3% by 2017'
The fall is unlikely to be offset by burgeoning demand for smart devices in emerging countries like India and China, IDC said.
Corruption still widespread in India, says US report
According to the report, though the law provides criminal penalties for official corruption, the Indian government did not implement the law effectively.
Sensex seen touching 22,000 level before elections
The 30-stock index is 496.75 points away from its all-time peak of 21,483.74 hit on December 9, 2013.
India's growth declined to 4.8% from 8.4% under UPA: Modi
The Gujarat chief minister said economic growth should be inclusive, speedy and yet sustainable.
Sahara employees repose faith in company
It was business as usual at Sahara Sahar, the sprawling estate in the posh Gomti Nagar area, where Roy's residence and the Group's corporate communication wing are located.
| | | |
| February 27, 2014 | | Infosys to dole out promotions every quarter
The country's second-largest software services company, which has trailed peers Tata Consultancy Services and Cognizant on growth, is also looking at weeding out non-performers to improve efficiency.
Rural consumers spending more than urban peers
Cities have also see a decline in the savings rate.
Govt spends Rs 3.65 to deliver foodgrain worth Re 1!
The IEO, which has been entrusted to assess public programmes, has found that 57 per cent of the subsidised foodgrains distributed in Delhi, do not reach the target group
'Instant messaging Apps firms should be regulated'
WhatsApp had recently announced that it would start offering voice service by June this year. Social networking site Facebook had already announced acquisition of WhatsApp by $19 billion.
Police raid Sahara chief's home, does not find him
Supreme Court issued non-bailable warrant against Subrata Roy on Wednesday.
Hyundai launches new Verna variants loaded with features
The automatic transmission is now available on the mid-level Verna 1.6 petrol SX AT and the Verna 1.6 diesel SX AT.
Child Restraint System in cars compulsory from Oct 1
The system is much like a racing harness found in performance oriented cars.
Maruti to drive in the gorgeous Ciaz this Sept
The car will also have automatic transmission.
Modi asks small traders to compete with big retailers
The Opposition party's prime ministerial candidate Narendra Modi on Thursday said India's millions of family-owned traders must learn to work with large modern shops and online retailers, in comments that could signal a shift in thinking.
Buying Life insurance policies to save tax? Read this!
People in their quest to save tax usually end up buying a lot of unwanted insurance products.
Onion price rises 50% in 2 weeks
The off-spot prices were Rs 3.50 a kg two weeks before, with farmers planning to dump on the road instead of selling in mandis.
Online card transactions: Top 10 safety tips
Be it an e-commerce transaction, booking tickets online or availing a service, online transactions has its intrinsic advantages of saving time and convenience.
Maruti seeks to allay investors' fears over Gujarat plant
Elaborating on the pricing formula of cars produced by Maruti Suzuki at its facilities in Haryana, the company said it marked up the cost of production of the car to generate profits.
VCs are betting big on radio taxi services
Five deals worth $30 million had taken place in 2013 against $7 million in 2012.
Shiv Nadar biography shelved before publication
The book was scheduled to hit the stands in October 2013 but has since been aborted.
HSBC taps ex-Homeland Security agent for anti money-laundering role
Daniel Wager, who helped investigate HSBC for the federal agency, joined the HSBC's anti-money laundering team last November as a senior vice-president.
India's shame: The nexus between govt and businessmen
India's government is increasingly for, of and by its biggest businessmen.
Malls want brands to end deep discounts online
Of the country's total retail market size of $500 billion, the e-commerce industry accounts for $3.1 billion (excluding travel).
Cities where you can live life to the fullest
European cities offer the best quality of life.
Now, sea planes to fly from Mumbai to Lonavala!
For Mumbai's corporate honchos, who drive up to about 120 km on weekends to enjoy a game of golf in the plush Aamby Valley, near Lonavala, there is now an alternative.
'Beach row' continues, as Vinod Khosla keeps California surfers away
When Vinod Khosla bought the Martin's beach property he put up a gate with a sign that said, 'Beach closed, keep out'. Ritu Jha reports from California.
10 things you need to know about the Sahara row
On Feb 26, SC issued an arrest warrant against Subrata Roy after he failed to turn up in court for hearing
Infosys to give 5-7% salary hikes in FY15
Much below expected 10-12%; experts say attrition might increase.
It's just not Shibu, by 2015 Infy to have a new board of directors
For the first time since its inception over thirty years ago, these exits will lead the company to have a non-founder CEO.
Air India joins fare war, offers up to 30% discount
The booking for tickets under the will start from Thursday and would continue till March 1.
| | | |
| February 26, 2014 | | BSE: Top gainers and losers
At close on Wednesday, the 30-share Sensex was up 135 points at 20,987, while the Nifty-50 had increased by 39 points at 6,238.80.
Gold imports rise again, reach 38 tonnes in Jan
Gold imports rose in December to 25 tonnes, higher than 19 tonnes in the previous month, mainly on account of wrong interpretation of the RBI's 80:20 scheme, sources said.
ED attaches Saradha Group assets
The attached assets included buildings, bank accounts and landed properties held in the name of Saradha group and its directors.
Cong messed with power sector, ushered in the dark age: Modi
Addressing a rally, Modi alleged that artificial shortage of coal is being created in the country.
Modi win unlikely to boost growth, says Moody's Analytics
The economy is unlikely to accelerate much in 2014 though the downside risks have receded in recent months with falling inflation and a narrower current account deficit, he said, adding there is no sign of a lift in the real economy.
Pay hike to be 10% this year, lowest since 2009
In 2013, the average salary increase was 10.2 per cent while in 2009, it was 6.6 per cent.
India's smartphone sales surge to 44 mn in 2013
Smartphone shipments stood at 16.2 million in 2012.
Ailing mother stops Subrata from appearing in SC; faces arrest
The Supreme Court on Wednesday has issued a non-bailable warrant against Sahara chief Subrata Roy for his failure to appear in court.
What is wrong with Nissan X-trail, 370Z?
Though the two cars were competitive, the lack of a badge led to their dwindling sales.
Why Indian cities are unlivable
Governance structures have left municipalities uniquely incapable of developing efficient delivery and planning mechanisms.
Recovery? Economy probably grew only 4.9% in Dec quarter
That is a shadow of the close-to-double-digit growth rates in recent years.
30 most powerful cars of all time
Each of this beast come with at least 690 horsepower.
Why prolonged discounts by retailers backfire
While footfalls have fallen after the long period of discounts, retail chains are being forced to continue selling discounted merchandise, as new stock is yet to arrive.
Obama plans twin manufacturing hubs to create more jobs
US President Barack Obama has announced setting up of manufacturing hubs in Michigan and Chicago, asserting that he wanted the next big job-creating discovery to be made in America.
US consumers demand higher caratage of gold
Indian jewellery exporters see a ray of hope as the country opts for more carats.
Brand IPL still rules unchallenged
According to the report, published on Tuesday, the event's prize money of $4.2 million is much more than the combined prize money of all other sports leagues in the country.
Sensex ends at one-month high on February F&O expiry
Benchmark indices increased for the fourth consecutive day amidst volatile trading and expiry of the Feb F&O contracts.
UPA's economic legacy: Good, bad or ugly?
UPA failed to undertake economic, social and administrative reforms to strengthen India's long-term development potential.
For fast-food chains, revenues are a click away
Quick-service restaurants are encouraging orders through apps and sites to benefit both brand and user.
BJP goes digital to spread NaMo chant
The BJP targets 160 seats for cyber coverage through social media, via multi-tasking volunteers; claims good response.
Be ready to shell out more for better bank services
Changes in regulations and the imminent enforcement of some long-standing regulations are pushing up the cost for banks apart from the general cost inflation.
Done for a while, says Zuckerberg on new acquisitions
Calling WhatsApp as a great fit in its plans to connect the next five billion, Mark Zuckerberg said the buyout is 'worth more than $19 billion.'
| | | |
| February 25, 2014 | | AirAsia offers half-a-million free tickets on select routes
The bookings under the offer, which commenced on Monday, can be made till March 2 and will go on till March 2 for the travel period from October 1 to April 30 next year,
World's fastest car beats Bugatti Veyron
Venom GT is a stretched Lotus Exige with a 7.0-litre, 927kW twin-turbo V8 wedged between its axles.
Maintaining Windows XP after Apr 8 may cost Rs 1,190 crore/year
Windows XP -- launched in October 2001 -- is three generations behind the latest operating system Windows 8, that was launched in October 2012.
Sahara Group case opens can of worms
The transactions between entities of Sahara Group show loopholes in regulation that can be exploited to fool investors and launder money.
Series: 'US economy needs to improve for India to turn around'
The Indian economy is sinking but everyone's busy leading the high life, no one's worried, says veteran economist Ashok Mitra, in an interview to Rediff.com's Indrani Roy.
There is more to UBI's problems than Infosys' software
While a serious damage to the banking system and the economy has been averted, the episode brings in front the hollowness of the reporting structure in banking.
Status update: WhatsApp now a chapter in Facebook
While Facebook and WhatsApp have promised both the entities will not be merged anytime soon and that the latter will remain "independent" and advertisement-free, it is hard to believe there will be no changes to a service that could boost Facebook's mobile numbers immensely.
Hyundai Santa Fe: Gorgeous, powerful and loaded with features
The crossover is not just a good looker - it combines beauty with power.
Samsung launches Galaxy S5 with fingerprint scanner
Samsung launches Galaxy S5 with fingerprint scanner.
'Track gold miners' stocks to predict price trends'
The price of gold has risen 10.63 per cent this year -- from $1,205.65 an ounce at the beginning of the year to $1,333.9 on Monday.
Low-cost airlines start holiday bonanza
SpiceJet says tickets in three day sale will be 75 per cent lower than last minute purchase fares.
Range Rover Sport: The best off-roader, a really fast sport car
The machine is engineered to perfection.
Must-read: How to protect your handset from hackers
Here are some ways of hacking mobile phones and ways to protect your handset.
Volatile markets end in the positive
Upmove in IT heavyweights, ITC and HDFC counters aided the gains in today's trade.
Why Powai is a hotspot for IT start-ups
The locality, home to IIT-Bombay and the National Institute of Industrial Engineering (NITIE), is steadily attracting fledgling entrepreneurs for purposes of both work and residence.
Apple wants to open own stores in India
The company seeks easing of sourcing norms for retail FDI; govt unwilling to make exception.
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| February 24, 2014 | | Will fight inflation at any cost, says Rajan
Rajan also expressed hope that a stable government after the Lok Sabha elections will continue the broad fiscal policies of the current regime and India may finally get the
BSE: Top gainers and losers
The 30-share Sensex ended up 111 points to end at 20,811 and the 50-share Nifty ended up 31 points at 6,186.
Nissan to discontinue sales of X-Trail SUV and 370Z coupe
Nissan currently imports X-Trail and 370Z coupe as completely built unit.
Revealed! Nokia's Android smartphones range
Targeted at fast growing low-cost smartphone markets like India, Nokia launched the much anticipated Android-based smartphones starting at Rs 7,600.
Bajaj to launch four-wheel vehicle but it's not a car
It's got four wheels and seatbelts but the creator of India's first quadricycle would rather not call it a car.
Microsoft wants Karbonn, Xolo to make low-cost Windows phone
The sub-$100 smartphone market is dominated by Google's Android operating system, which has lower licensing costs, and runs cheaper hardware.
Facebook CEO riding high after WhatsApp deal
It's a twist that is sure to have some telecom bosses in Barcelona gritting their teeth.
8 exciting mid-size sedans you can soon buy in India
The auto space will soon sizzle with these executive cars.
Meet key members of the Reliance Jio team
With the latest spectrum acquisition, the telecom venture would be the holder of the largest quantum of liberalised spectrum.
Personal loans: Should you go to banks or NBFCs?
With the difference between lending rates of banks and NBFCs narrowing, base your choice on urgency of requirement.
Facebook spends a fortune to recover younger users
For some time, the behemoth social networking website Facebook has been plagued by reports that it is losing its edge with younger users.
How prudent states helped in curbing India's fiscal deficit
Had the states not fulfilled their commitment on fiscal consolidation, the overall fiscal deficit would have widened.
Good news for air travelers: SpiceJet slashes fares by 75%
The bookings under the 'Super Summer Sale' offer will remain open till Wednesday mid-night.
Equity outlook: Indian markets set for new highs
Barring the two events of elections and the Fed taper, the markets are well poised to show gradual improvement.
India's growth: How the 'dream team' failed miserably
If P Chidambaram's Budget speech was an hour-long attempt at presenting his government's and his own record in a good light - as he is perfectly entitled to do - such a "marketing" effort invites the recounting of an alternative retelling of the record.
Gold likely to touch Rs 31,500 around polls
A gold bull market this year or the next is highly unlikely.
Sensex rises 111 points to end at 1-month closing high
Markets ended near their one-month closing highs with capital goods and financial shares leading the pack.
Now, tour around Taj Mahal sitting in your living room!
For the first time, Google has brought 360-degree online imagery of iconic Indian heritage sites through the Google Trekker technology.
Daana Paani: Visit this unique food court!
CHD Developers has opened its biggest food court aptly named 'Daana Paani' at their integrated township, CHD City in Karnal, Haryana.
How a Kolkata company mints money from scrap leather
A factory in Kolkata turns scrap leather into nitrogenous fertiliser.
World's largest solar power plant has a Google connection
One of the world's largest solar projects, which uses heat from the sun to generate power in California, opened on Thursday but may be the last of its kind in The Golden State.
India's corporate investment at decade's low
Capital expenditure by private companies halved in FY13 from that in FY08; households put more money into gold, houses.
India set to take on US over probe into IPR laws
To deny visa to trade officials planning to scrutinise country's trade and industrial practices.
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| February 21, 2014 | | Tata Motors cuts prices of all vehicles
The price reduction across passenger vehicles is in the range of Rs 6,300 to Rs 69,000.
Nadella wants Microsoft to reinvent itself
Microsoft needs to become a company where people find deep meaning at work, said Nadella.
Why did Chidambaram shut down New Delhi?
The economic logic - and political reasons - behind the giant shift of spending power to the states
IT, pharma sectors likely to be backbone of Telangana
Global IT giants such as FaceBook, Google, IBM and Microsoft have a base in Hyderabad.
Yash Birla's business in deep trouble
Court cases, investigations, dwindling sales and fall in market capitalisation could make recovery a tough challenge.
World risks era of slow growth, high unemployment
Sweeping reforms are urgently needed to boost productivity and lower barriers to trade if the world is to avoid a new era of slow growth and stubbornly high unemployment.
Ford India cuts prices by up to Rs 1.07 lakh
The reductions will be applicable across Ford Figo, Ford Classic, Ford EcoSport, Ford Fiesta and the Ford Endeavour.
SPECIAL: How to make the agriculture growth story sustainable
There is no doubt that agricultural gross domestic product may grow by 4.6 per cent this year.
Investors give thumbs up to Facebook for buying WhatsApp
There was more interest in the social networking's stock that closed 2.3 per cent higher.
Indian economy resilient to external shocks, says IMF
It will take a period of time to recover back to the higher levels that India enjoyed in previous years, IMF director said.
India's defence spend lowest since 1962 war
The Air Force will see its funding slashed, endangering its plan to buy 126 French Rafale medium multi-role combat aircraft.
RBI will need to keep raising interest rate
Inflation in India is going to be a persistent problem.
Chevrolet launches all-new Beat at lower prices
The facelift now begins at Rs 399,000.
Facebook likes WhatsApp: Will the deal work wonders?
For now, one can only speculate on what led Facebook to its decision, which seems to go well beyond the financials.
This is how iconic bourbon whiskey is made
The Blue Grass region of Kentucky is home to the distilleries, which make about 9 out of every 10 bottles of bourbon.
Will Prem Watsa's magic work in India?
Hyderabad-born Prem Watsa, the founder, chairman and chief executive of Toronto-based Fairfax Financial Holdings, is often called the Warren Buffett of Canada for his ability to spot investment opportunities ahead of others and turn around non-performing enterprises.
Sensex stages pulls back; ends 164 points higher
The sentiment got a boost from a survey which indicated a brisk recovery in the US manufacturing activity sparking off a rally in Asian market.
Audi to drive in its cheapest sedan A3
It is expected to be priced around Rs 25 lakh.
5 awesome sedans that will launch in India soon
If you planning to buy Swift Dzire or Honda Amaze, postpone your purchase.
IMF punches holes in India's growth revival story
It says RBI may have to continue raising rates; prescribes floating sovereign bonds, going for NRI forex swaps again.
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| February 20, 2014 | | BSE: Top losers and gainers
The 30-share BSE Sensex shed 0.9% or 186 points at 20,536 while the 50-unit NSE Nifty was off 1% or 61 points at 6,091.
7,200 km of state roads to be turned into highways soon!
About 10,000 km of state highways were declared national highways during the last 10 years.
Amazing rags-to-riches story of WhatsApp founder Jan Koum
With Facebook acquiring WhatsApp, its co-founders - Jan Koum and Brian Acton - have become billionaires and stars of technology world.
World's best cities for young people; Mumbai ranks 16
Youth are at the centre of urbanisation. They add energy, vibrancy, creativity and digital age talent to cities.
Airtel gets Mumbai edge with Loop buy
The telco, being one of the first operators in the circle, has a strong base of high-value subscribers; Airtel could leverage that for its top-end services.
Hawala premiums for gold smuggling shoot up to 4%
The stringent curbs on gold imports has resulted in a huge flow of smuggled gold, being financed by buying dollars from the hawala market.
Will the Facebook-WhatsApp deal pay off?
No algorithm based on terrestrial mathematics can make Facebook's WhatsApp deal compute.
Tech brands lock horns with e-com firms over 'predatory' pricing
Earlier this month, retail associations across the country held a meeting with the hardware manufacturers industry body -- MAIT -- to raise the issue of undercutting prices.
Bonanza for central govt staff likely
The Centre is expected to increase the dearness allowance by 10% to 100% by the end of February.
China PMI, US Fed minutes drag Sensex 180 points down
Macro-economic data from China and minutes of the US Federal Reserve's last meeting caused the turmoil as stocks tumbled around the globe.
Architectural marvels: 13 mind blowing skyscrapers
Buildings that are challenging architectural norms.
Interim budget is not a mathematical jugglery: FM
Finance Minister P Chidamabaram has challenged BJP's Prime Ministerial nominee and Gujarat Chief Minister Narendra Modi to face the press with his views on the economy.
Series: It will take three years for economic growth to pick up
It will take more than three years to restart economic growth provided the new government, in all earnestness, brings in reforms right from the beginning, says . Continuing our series on the state of the Indian economy.
Modi to bat for rejig of welfare schemes
Party leaders claim the focus is going to be 'reviving growth with job creation' and checking inflation.
Narayana Murthy says non-performing staff will have to go
Infosys is currently working on lot of tools and technology that will enhance an individual's productivity, he said.
Facebook to buy WhatsApp for $19 billion in deal shocker
Facebook Inc will buy fast-growing mobile-messaging startup WhatsApp for $19 billion in cash and stock in a landmark deal that places the world's largest social network closer to the heart of mobile communications and may bring younger users into the fold.
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| February 19, 2014 | | IMAGES: Swimsuit models visit New York Stock Exchange
The NYSE had some sensational visitors who set the trading floor on fire.
Maruti, Hyundai too slash prices
While MSI's price cuts range between Rs 8,502 and Rs 30,984 across its models, Hyundai has slashed prices by between Rs 10,000 and Rs 135,300.
Anil Ambani meets Delhi Lt Governor
Last month, then Delhi Chief Minister Arvind Kejriwal had ordered a CAG scrutiny of private power distribution companies.
Nissan cars also become cheaper
The price reduction by Nissan is in the range of 4 to 6 per cent.
'America has one of the most open economies in world'
Froman's comments came as the US is pushing countries, including India, Brazil and China to open up their economies for foreign companies.
Child's education: How much should you save every month?
Many of us would agree that parenting is a tricky job. Even trickier is planning for your children's higher education.
What the govt needs to do to cut expenses
For instance, the size of a central ministry's annual outlay should ideally be a key factor in determining the number of people who need to be employed by it.
How India prevents money laundering
India has been classified as high risk zone in terms of money laundering.
Apple looks at cars, medical devices as iPhone sales fall
Apple's head of mergers and acquisitions, Adrian Perica, met with Tesla Motors Inc founder Elon Musk at the company's headquarters last year around the same time analysts suggested that Apple acquire the Model S electric car maker, the newspaper reported on Sunday.
Local operations prove a drag on Jet, SpiceJet
Growth in the domestic market in the second quarter was fuelled by low fares but this has impacted airline profits.
Chidambaram boost pleases car dealers
Excise duty cut can halve current inventory in 2 months, with major manufacturers promising to pass on benefit.
Why India's toll plazas are so mismanaged
Violence and vandalism at toll plazas point to poor planning. An independent highway regulator would have helped the cause.
Realtors woo customers through buy-back schemes
Now, companies are promising to buy back property sold to customers, after factoring in a 30-70 per cent appreciation in value.
Global gold demand fell 15% in 2013
Gold demand fell 15 percent in 2013 as huge outflows from physically backed investment funds outweighed record consumer demand, but that heavy disinvestment is tailing off this year, pointing to a recovery, the World Gold Council said.
Budget: A magic show from Chidambaram
Investors would have much preferred a gritty, honest appraisal of the tough trade-offs.
Half of India's top firms have destroyed shareholder wealth
As many as 77 of the 155 E-200 companies (excluding banking and financial ones) have either reported a decline in their market value since March 2008 or the rise in market capitalisation has lagged the increase in capital employed in the business.
Markets end near day's highs led by IT shares
Sensex was up 46 points at 20,680 and the Nifty advanced 13 points to trade at 6,140.
Want to give your Swift this snazzy look? Go to Maruti
Want your car to look snazzy? Get Maruti's own custom kit for Rs 215,000.
5 most STOLEN cars
Wonder which cars are targeted by thieves? Among the most stolen cars, majority of them are small cars.
Auspicious days to buy gold in India
The biggest gold buying festivals are Akshaya Tritiya and Dhanteras.
Toyota to launch Etios Cross in May
Buyer can book the mini SUV for Rs 50,000.
Tatas ranked India's most valuable brand
Diversified conglomerate Tata group was on Tuesday declared India's most valuable brand with a value of $21.1 billion, while US-based technology giant Apple has retained its top position globally with about $105 billion.
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| February 18, 2014 | | BSE: Top gainers and losers
The 30-share Sensex ended up 170 points at 20,634 and the 50-share Nifty ended up 54 points at 6,127.
AAP is mistaken, Ambani doesn't run the govt: Chidambaram
Chidambaram said the government will not go back on its decision to raise gas prices for both public sector and private producers from April 1.
A unique scheme to buy the Reva e2o!
Mahindra Reva Electric Vehicles, a part of the Mahindra Group, on Tuesday slashed the price of its electric car e2o by up to Rs 1.7 lakh by introducing a scheme under which a consumer pays a rental fee for the battery.
Gujarat's pride: Modi inaugurates swanky Vadodara bus terminal
Spread over 2.4 lakh sq ft, the 'airport-like' terminal will see 1,100 buses plying everyday.
Chidambaram slams critics, says have 'pulled back' economy
He said the economy has 'clawed back' to 4.4 per cent in Q1, 4.8 per cent in Q2.
India's gold demand up 13% at 975 tonnes in 2013
Gold demand in the country was 864 tonnes during 2012, according to data given in WGC 'Gold Demand Trends 2013' report.
Fiscal deficit: The devil is in the detail
Even to the more jaded India hands inured to the tricks of the country's fiscal trade, an overwhelming element of jugaad - that desperate bid to somehow put the decades-old family Ambassador together for that one final ride - is apparent.
India's fiscal position still quite weak, says Moody's
The global rating agency has, however, cautioned that India's fiscal position remains 'weak'.
Interim Budget lists a vision for the future
Regardless of who forms the next government, the interim Budget speech lays down a must-do list.
COLUMN: How good was the vote-on-account?
The vote-on-account is essentially a measure to seek Parliament's approval for government expenditure until the full Budget is presented.
Is India's defence budgeting flawed?
The most worrying aspect of defence budgeting is that the military's long-term equipment planning is based on fundamentally flawed fiscal assumptions.
Budget effect: Audi, Mercedes slash prices
German car makers Audi and Mercedes-Benz on Monday cut prices by up to Rs 3.82 lakh, while Tata Motors and Mahindra & Mahindra announced their intent to follow suit after Finance Minister P Chidambaram reduced excise on automobiles in the Interim Budget for 2014-15.
Markets end at 3-week closing highs, Sensex up 170 points
Financial shares and auto stocks among the top gainers for the day
I didn't want to please everyone, says Chidambaram
He said he had achieved a fair measure of success in stablising India's economy and aimed to make it the third-biggest after the US and China.
Moto G: The best budget smartphone money can buy
Light, attractive and incredibly powerful, the Moto G could easily be the best buy under 15K.
What is hurting the India growth story
It is unpredictability which is bound to have a very negative spin-off which needs to be avoided, said Trade Minister Anand Sharma.
Aakash 4 to be available for Rs 3,999 soon: Sibal
The Aakash project was Sibal's brainchild when he was the HRD minister.
'Nothing concrete would come out of FIR against Mukesh Ambani'
It is only an attempt to sensationalise the issue, RIL director and Supreme Court advocate Y P Trivedi said.
Which countries have budgets bigger than India? Find out...
Though India is one of the fastest growing economies, how big is the country's budget compared to other countries in the world?
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| February 17, 2014 | | AAP against crony capitalism, not capitalism: Kejriwal
'There is a very small section of industrialists in our country who are not industrialists or businessmen, but they are looting the country.'
Vote-on-account extremely disappointing, says Modi
Modi, however, welcomed the announcement of 'one rank-one pension' for defence forces.
FM's mantra to make India the world's 3rd largest economy
While presenting the Interim Budget 2014-15, the Union Finance Minister P Chidambaram said that in the next three decades India will become the third largest economy behind US and China.
Infographic: Budget Impact on BSE Sensex
India Inc on Monday said that the Interim Budget was 'absolutely' up to the expectations.
Air India to get equity infusion of Rs 5,500 crore
The Bureau of Civil Aviation Security was allocated Rs 40 crore (Rs 400 million) for procurement of security and IT items along with radiological detection equipment.
Infographic: Central Plan outlay by sectors
Finance Minister P Chidambaram on Monday sought to lighten the burden on the middle class by lowering excise duty on cars, SUVs and two-wheelers and proposed no increase in taxes on other products.
Why India Inc hails the Interim Budget
Terming the Interim Budget for 2014-15 fiscal as 'very balanced', the industry on Monday said that it was 'absolutely' up to the expectations.
Budget impact: Tata Motors, General Motors to slash prices
Auto makers Tata Motors and General Motors India on Monday announced they will cut prices of their products after Finance Minister P Chidambaram decided to reduce excise on automobiles in the interim Budget 2014-15.
Government accepts 'one rank, one pension' for defence forces
The decision, likely to benefit around three million defence pensioners, will come into effect from 2014-2015.
Chidambaram continues 10% surcharge on super-rich
Putting an end to speculation, Finance Minister P Chidambaram on Monday retained the 10 per cent surcharge on those earning over Rs 1 crore annually.
Opposition slams Interim Budget
Opposition on Monday trashed the interim budget, terming it as a 'farewell budget' of a
Budget impact: What's cheaper, who will benefit the most
P Chidambaram announced a few sops to bring cheer to consumers and some sectors like automobile and capital goods.
Swift action taken to stop NSEL crisis spillover: FM
He also said the Forward Contracts (Regulation) Act would be amended to strengthen the regulatory framework of the commodity derivatives market.
Infographic: Interim Budget at a glance
Finance Minister P Chidambaram presented the Interim Budget for 2014-15 on Monday. Income Tax rates were kept unchanged.
Indian markets performed better compared to peers, says FM
Foreign institutional investors added $20.10 billion in equities while they pulled out $7.97 billion from the debt market, resulting in total net flows of $12.13 billion.
Infographics: How the rupee comes and goes in a budget
Finance Minister P Chidambaram on Monday slashed excise duty on cars, SUVs and two-wheelers, and capital goods and consumer durables.
Govt cuts disinvestment target to Rs 16,027 cr for FY'14
The government cut its disinvestment target by more than half for the current financial year and pegged the proceeds at Rs 36,925 crore for 2014-15.
Govt crackdown on black money continues, says FM
The issue of alleged tax evasion by Indians through banks and other entities in offshore locations, specially Switzerland, has been matter of a political debate in India.
FM did good job of containing fiscal deficit: Experts
Excise duty cut for auto company is a great boon for the sectors, expert feels.
Budget: Big relief for education loan borrowers
Finance Minister Chidambaram has announced a moratorium period for all education loans taken-up to 31.3.2009 and outstanding on 31.12.2013.
Infographics: Chidambaram's budgets at a glance
P Chidambaram presented the Budget for the 9th time.
Infographics: Some interesting facts about Union Budget
Finance Minister P Chidambaram presented the Interim Budget for 2014-15 on Monday.
Budget: FM slashes excise duty for automobiles, taxes unchanged
Leaving direct taxes untouched, Finance Minister P Chidambaram today slashed excise duty on cars, SUVs and two-wheelers, and capital goods and consumer durables to boost manufacturing and growth.
No policy paralysis; economy stable: Chidambaram
Rejecting arguments of "policy paralysis", Chidambaram said the economy is more stable than what it was two years.
FM defends rupee fall, says it fared well
The RBI had opened special swaps windows to attract deposits from non-resident Indians and allow oil-marketing companies to source dollars.
Good news! Cars, SUVs to get cheaper post budget
Excise duty on small cars is cut to 8 per cent where as the tax on large- and mid-sized cars has been brought down to 20 per cent.
Food inflation still remains a worry: Chidambaram
Inflation in food articles category in January stood at 8.8 per cent.
Fiscal deficit will be contained at 4.6% of GDP: Chidambaram
The government on Monday said the fiscal deficit for the current financial year will be contained at 4.6 per cent of GDP.
Highlights of the Interim Budget
Finance Minister P Chidambaram presented the Interim Budget for 2014-15 on Monday.
Filing income tax returns: What you should know
Apart from the many old rules, you need to be aware of a number of new ones to be able to claim your deductions well.
India draws tourists with deep pockets
The country ranks 41st in number of tourists received but 1st in per-capita spend by them.
Inflation: What the government needs to do
Inflation moderates, but government can and must do more.
Sensex rises 97 points to highest this month on excise duty cuts
The 50-share NSE index Nifty rose by 24.95 points, or 0.41 per cent, to settle at 6,073.30.
What to expect from the Interim Budget
Chidambaram may announce higher fund allocation for the social sector, with focus on education, food, women and rural masses.
From boom to doom: An uphill task to revive the economy
The Indian economy is in deep crisis, and it will take at least two years to recover -- and that if we have a focused government. The challenges are immense as it will take a long while to overcome the policy paralysis of the last few years, says , in the first of our series on what awaits the next government on the economic front
10 best hotel suites in the world
Have more money than you need? Checked out these exclusive abodes of ultra wealthy.
Why Maruti 800 was the biggest attraction for car lovers
The Maruti 800 changed the way cars were bought, sold and serviced in India, components were made, and industrial enterprises were organised. For the first time, the customer became the focus of manufacturing.
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| February 14, 2014 | | A Plan B for global business
The 'B Team' feels capitalism needs to move to another model which serves people and planet better.
BSE: Top gainers and losers
The 30-share Sensex closed 173 points higher at 20,366 and the 50-unit Nifty ended 47 points up at 6,048 levels.
Gas pricing: FIR slams UPA for favouring Reliance
The FIR was lodged under sections 420 (cheating), 120-B (criminal conspiracy) of the IPC and under provisions of the Prevention of Corruption Act.
HP launches dual-SIM, quad-core voice tabs at Rs 17,300
Tech giant Hewlett-Packard has launched two voice-calling tablets and appointed actor Deepika Padukone as brand ambassador in a fresh bid to strengthen its position in the Indian market.
Final Maruti 800 rolls out; spare parts available for 8-10 yrs
Over 2.5 million units of the icon were sold in its lifetime.
Beer market in India set for new fizz
Kaltenberg is set to enter India. It will have premium positioning but will be priced cheaper than imported peers.
Panicked telcos shell out vast sums for spectrum
The auctions for spectrum in the 900 MHz and 1800 MHz bands came to an end on Thursday after 10 days of aggressive bidding by the country's major telecom operators.
What Mumbai developers are doing to pep up realty markets
To energise a dull real estate market, Mumbai developers are lining up prelaunches of residential apartments. This is a popular way to raise funds before construction begins.
Super-rich tax may retire this April
Relief on tax surcharge also likely to be extended to the corporate sector; duty on gold expected to be slashed.
Gujarat develops India's swankiest bus station!
A world-class bus terminal has redrawn the architectural landscape of Vadodara.
5 stunning concept cars from Auto Expo 2014
These cars can change the fortune of automakers.
Why slowdown hasn't affected fast-food chains
Most chains saw a fall in same-store sales in the December-ended quarter, but that hasn't affected their expansion plans.
Why is Indian IT sector crying for a change?
Over $100 bn in revenue but sector battles evolutionary challenges.
Jan WPI plays cupid for market; Sensex up 173 points
The wholesale price inflation, decelerated faster than expected, to ease to an eight-month low of 5.05 percent in January.
TCS will beat Nasscom's growth guidance: N Chandrasekaran
We have created centres of excellence in areas like user interface design, user experience, cyber security - all the things required to bring the solutions to the market, says N Chandrasekaran.
Gift sales to touch Rs 18,000 crore in V-day week
Notwithstanding the lingering economic slowdown, companies are ready to cash in on Valentine's Day celebrations and sales of gifts.
| | | |
| February 13, 2014 | | LG launches smartphone that rivals Samsung's Note 3
South Korea's LG Electronics unveiled a revamped version of its large-screen smartphone G Pro on Thursday, hoping it will help propel the company to the No. 3 spot in global smartphone sales this year.
Apple may release a large-screen iPhone this year
Apple, which posted its lowest growth in handset sales last year, may release a large-screen version of its iconic iPhone in 2014, research firm IDC said.
Kolkata airport new terminal gets award for excellence
The airport has also won the IBC trophy for the project, a statement by the airport director said in Kolkata on Thursday.
Thousands lose jobs as IBM goes on cost-cutting mode
Technology giant IBM's workforce-rebalancing efforts have now hit India, with the company asking several of its employees in its hardware business unit to quit.
Mumbai's T2 terminal puts up a good show on day 1
On an average, Mumbai airport handles around 30,000 international passengers and about 190 international flight movements.
'Obama should create jobs in both Buffalo and Bengaluru'
US President Barack Obama should care about creating jobs in both Bengaluru and Buffalo and not only the latter, former Nasscom chairman told an American federal body.
SPECIAL: How good is Narendra Modi's business agenda?
Domestic business endorsement for Mr Modi never wavered, not even after 2002.
How ATMs can come to the rescue of the unbanked
Providing access to unbanked areas in the country has been high on the agenda of RBI, as almost 40 per cent of the population doesn't have a bank account.
Hot days ahead as Delhi government, Reliance wrangle
Team Kejriwal should go slow. They should, no doubt, keep putting pressure on the concerned firms to ensure smooth power supply, says .
Markets snap 3-day winning streak; Sensex down 250 points
Weakness in Asia and Europe dragged domestic benchmark share indices with banking and financial stocks leading the decline.
Why the Interim Railway Budget fails to impress
It has been another lost year for the Railways despite the intra-year measures to compensate for the rise in fuel costs.
'Railways' financial performance pretty robust'
According to railway officials, an operating ratio of 90.8 per cent was encouraging.
China world's top gold consumer with sales crossing 1,000 ton!
The statistics show although the gold output and consumption in China have been setting new records, the gap between the consumption and output has grown wider and wider,
| | | |
| February 12, 2014 | | Anti-Corruption Branch names Moily, Ambani, Deora in FIR
The FIR by the ACB was registered a day after Chief Minister Arvind Kejriwal said the agency has been told to probe their alleged collusion over hike in prices of natural
Why TMC thinks Interim Railway Budget is a 'sham'
The party's national general secretary, Mukul Roy, said, "This government has no moral or ethical right to place a railway budget."
DC Avanti: India's first sports car reaches production stage
Production is expected to start in the third quarter of the the current year.
Bajaj may soon launch a Tata Nano rival
The light weight vehicle features an automatic gearbox and an air conditioner, and will be developed for performance.
Rail service for Vaishno Devi pilgrims to start soon
Specially designed coaches for adverse weather conditions have been inducted for rail travel in Kashmir Valley.
Railway Budget at a glance
Railway Minister Mallikarjun Kharge on Wednesday announced a slew of measures for improving the services of Indian Railways.
Good news: Railways to run 17 premium AC special trains
Encouraged by the success of a premium AC special train between Delhi and Mumbai, Railways have decided to run 17 more such trains.
Railway Budget: Will train travel be a lot safer now?
A total of 5,400 unmanned level crossings were eliminated in the last one year.
Mumbai's pride: The stunning T2 terminal opens
Through these projects we are trying to solve traffic problems of this city: Mumbai CM.
Railway Budget: No hike in passenger fares, freight rates
Presenting the Interim Railway Budget for 2014-15, Railway Minister Mallikarjun Kharge on Wednesday announced that new trains will be introduced.
Railways' gift: 17 Premium, 38 Express trains
Presenting the Interim Railway Budget for 2014-15, Mallikarjun Kharge announced that new trains will be introduced.
Highlights of the Interim Railway Budget
Presenting the Interim Railway Budget for 2014-15, Mallikarjun Kharge on Wednesday announced that new trains will be introduced.
SPECIAL: Luxury hotels swap keys in India's economic slump
Slowing economic growth and an oversupply of new hotels conceived during the boom years of 2006 and 2007 have led to falling room and occupancy rates in India.
Yellen spurs market to a hat trick of gains
The E mid-cap and small-cap indices ended flat against Sensex's 0.4% up-move.
Rail Budget: Premium trains likely to be the highlight
No major announcements or tariff changes for freight or passenger segment likely to be announced.
Life has been full of pleasant surprises, says Rajan
RBI governor highlights the role of fate in his career at a meeting of the IIM-A alumni.
Auto Expo 2014 ends; over 5.61 lakh visitors attend the event
Car makers are happy with the positive response.
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| February 11, 2014 | | Gold, silver imports dip 77% to $1.72 bn in Jan
Lower imports has helped narrow trade deficit to $9.92 billion in January from $18.7 billion.
Debate before taxing rich at very high rates: Narayana Murthy
We have to walk a very fine line between our desire to mobilise more and more taxes or having higher percentage of taxes, he says
Vodafone tax case: Govt to collect Rs 20,000 cr as talks fail
The revenue department, sources said, will pursue the tax demand along with accrued interest and penalty.
Gold smuggling rises in 2013-14: Govt
The enforcement agencies during the first nine months of 2013-14 have seized 1,074.41 kg of gold
Auto Expo 2014: Awesome cars, bikes you'll soon see on the road
Size-based tax structure has given rise to a unique category of compact sub-4-metre sedans & utility vehicles.
It's raining funds for political parties from corporates
With the Lok Sabha polls drawing near, the count of electoral trusts set up by companies to channelise their political funding is on the rise and at least 10 such entities have been registered, including those by Reliance, Tatas, Mahindras and Birlas.
Quadricycles get final approval, will hit the roads soon
Quadricycles will now be able to ply on the city roads across the country as the Law Ministry has approved the Road Ministry's proposal allowing them to be used as public transport
13 amazing cars on display at Auto Expo 2014
If you haven't had a chance to visit the show, we take you through the best four-wheelers on display at the event.
Nokia to unveil a low-cost smartphone on Android OS
Nokia will unveil a low-cost smartphone running a version of Google Inc's Android operating system, despite the company's close partnership with Microsoft Corp and its competing Windows system, according to a report in The Wall Street Journal.
Mathew Martoma could face 20 years in prison
Indian-origin Mathew Martoma, convicted for his role in the most lucrative insider trading scheme in US history involving $275 million, will be sentenced in June and could face about 20 years in prison.
Mumbai's T2 terminal to start flight operations from Feb 12
Mumbai Airport said it is all geared up to commence international flight operations from the recently inaugurated T2 (Terminal 2) at the Chhatrapati Shivaji International airport from Wednesday.
Rupee gains as trade gap shrink
Although dealing rooms were operational, apart from some big banks, most refrained from trading as there were no retail flow
Trade war: US warns India on discriminatory practice
The United States has protested against India's move to discriminate against US exports by requiring solar power developers to use Indian-manufactured equipment instead of US equipment.
Jan inflation seen easing on food, fuel prices
This would signal the third straight month of contraction.
IMAGES: The making of a Boeing 737
Boeing has started building the first Next-Generation 737 at the increased rate of 42 airplanes per month.
Markets end flat ahead of key economic data
NTPC, Hero MotoCorp and Reliance Industries down 2% each among the top losers
Railway Budget: No cut in fares, new trains likely
Faced with revenue shortfall, Railway Minister Mallikarjun Kharge is likely to refrain from announcing many populist measures in the interim budget on February 12.
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| February 10, 2014 | | Skoda launches new Superb; price starts at Rs 18.87 lakh
The new Superb gets an updated front end with LED daytime running lights, Skoda's new family grille and a newly designed bumper.
Chevrolet launches all-new Beat at Rs 4.06 lakh
The all-new Beat gets refreshed styling with a new chrome-accentuated grille and an upgraded exterior.
Auto Expo 2014: The BEST cars from Maruti Suzuki
At the auto show, Maruti showcased some of its existing cars in a new avatar. Here are some of them...
How the humble Maruti 800 changed India
When the first Maruti 800 was introduced in 1983, it was made of almost entirely imported components; in a few years it had been heavily indigenised - although, for years, the older "original" models commanded a premium on the thriving second-hand market.
Why Nokia Lumia 1320 is worth buying
Here's a look at the strategically priced device that has commendable features.
Going to US? Makes sense to fly via Abu Dhabi
Waiting time for customs, immigration clearance cut drastically; Jet-Etihad alliance to get competitive advantage
Mumbai monorail turns out to be a big hit
The ticket sale in the first week itself crossed 100,000 and on the whole, the new mode of transport has run to its optimum best.
Tata Motors plotting a comeback with a sense of urgency
The company will bring a couple of new models every year and admitted that lack of new products has hurt the company.
Lehman impact shakes up India Inc's league table
Anil Agarwal breaks into big three; Anil Ambani group out of top 10; Essar, Adani lose out to JSW, Shiv Nadar & Motherson Sumi
Markets end in the red after volatile session
Amidst a volatile trading session and fluctuating levels, benchmark indices ended marginally lower as sales by foreign institutional investors in index heavyweights capped upside gains.
What is spectrum auction all about?
A primer on the ongoing spectrum auction, its process and how it would impact the companies
Auto Expo 2014: Over 1.21 lakh visit the show on Sunday
German luxury car makers - Mercedes Benz, Audi and BMW - attracted the maximum crowds during the day.
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| February 08, 2014 | | Hardships at home force commercial vehicles to go on a abroad
Officials say domestic revival in this segment more difficult, as it doesn't have to do with consumer sentiment.
Auto Expo 2014 turns glamorous with celebrities
The temperature at the venue went soaring with stars such as Karishma Kapoor, Sameera Reddy and Priyanka Chopra came down to unveil products.
Why Salman Khan, John Abraham are crazy about Giant bicycle
While the most expensive bicycle from the company's stables costs about Rs 11,00,000, in a few weeks, it will launch a bicycle priced at Rs 13,50,000.
It's the end of an era for iconic Maruti 800
Bringing curtains down on the glorious saga of the Maruti 800 model, Maruti Suzuki India has stopped production of the iconic car brand that had been carrier for millions of Indian middle class families, since last month, said senior official of the auto maker.
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| February 07, 2014 | | CNG, cooking gas prices slashed in Delhi
CNG price in the national capital is cut by a steep Rs 14.90 per kg and cooking gas piped into kitchens by Rs 5 per unit with effect from midnight tonight.
India lowers FY14 GDP growth rate to 4.9%
The economy is expected to grow 4.9 percent in 2013/14, marginally lower than the finance ministry's estimate of a 5 percent growth, dragged down by a contraction in the manufacturing sector, a government statement said on Friday.
All you need to know about Mathew Martoma's insider trading case
The maximum prison sentence he face is 45 years, but Martoma could be given a lesser prison time under federal sentencing guidelines.
Is Mathew Martoma's conviction justified?
Mathew Martoma helped SAC reap more than $275 million profit.
Indian-origin Mathew Martoma has a history of committing frauds
Years before he was accused of insider trading, former SAC Capital Advisors portfolio manager Mathew Martoma forged a Harvard transcript, falsified an email, and created a dummy forensic computing company to try to cover his tracks.
Auto expo 2014: How Triumph beat Harley-Davidson
With stalls adjacent to each other, Triumph was louder, with music and a host of heavy-duty cruiser bikes attracting more attention than the competitor.
Nooyi, Kochhar in Fortune's list of 50 powerful businesswomen
PepsiCo CEO Indra Nooyi and ICICI Bank Managing Director Chanda Kochhar are among Fortune magazine's list of 50 most powerful women in business who are
What Indian CEOs of global firms have in common
The educational background of global business leaders that India has produced has a striking similarity -- most of them received their Bachelor's in India and got their Master's in Business Administration from premier institutes in the country or the US.
Auto Expo 2014: What was Ratan Tata doing at Bajaj stall?
Automakers gauge the competition at the show.
Indian-American jobs at stake over Texas eyebrow threading rule
Beauticians with up to 20 years of experience have been asked to immediately stop eyebrow threading and spend more than $20,000 to undergo courses in government-approved beauty schools.
Pay Rs 170 crore for a posh villa in Delhi!
Tata Housing plans the country's most expensive gated villas in Delhi.
Is it the END of the road for Aadhaar?
Government's decision to suspend Aadhaar-based cash transfers in LPG has dealt a fresh blow to the project whose utility has always been questioned.
Markets end higher after volatile trade
Markets trimmed early gains to end marginally higher on Friday as investors turned cautious ahead of the GDP data for the current fiscal to be released on Friday.
Air India's outstanding debt a whopping Rs 26,033 cr
Air India's outstanding debt stood at a whopping Rs 26,033 crore (Rs 260.33 billion) and its working capital loans were over Rs 21,125 crore (Rs 211.25 billion) as on December 31 last year.
Auto Expo 2014: Best car launches on Day 2
Maruti's small car Celerio was the biggest attraction followed by Mahindra's electric sports vehicle Halo.
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| February 06, 2014 | | Sony sells Vaio; to cut 5,000 jobs globally
The Japan-headquartered company will also streamline its TV business.
Big Pharma pushes for US action against India
Emerging markets, from South Africa to China and India, are battling to bring down healthcare costs.
Auto Expo 2014: Toyota unveils its first crossover 'Etios Cross'
Auto major Toyota Kirloskar Motor on Thursday unveiled its first crossover, 'New Etios Cross', targetting young customers.
Fiat unveils two gorgeous cars for India; launches all-new Linea
The company unveiled premium sedan Avventura and high-performance Abarth 500
Renault launches new Koleos; Salman Khan gets the first car
The new Renault Koleos boasts a monstrous 173 PS engine with automatic 4x4, 6-speed transmission.
Airbus A350 XWB: This plane will help airlines save millions
The A350 XWB is a family of mid-sized wide-body airliners designed to enhance fuel, operating costs and environmental efficiencies during medium-to-long haul airline operations.
Auto Expo 2014: Maruti launches 'Celerio' at Rs 4.96 lakh
Aimed at strengthening its position in the compact car segment, country's largest car
Priyanka Chopra, Sachin add glitter to the Auto Expo 2014
Automobile companies unwrapped concept sedans, crossover utility vehicles and compact SUVs to lure buyers. Let's take a look at some of the cars that are launched at the Indian Auto Expo.
Satya Nadella to bag a pay package of Rs 112 crore!
Cricket-loving Satya Nadella will get a base annual salary of $1.2 million as new CEO of
Why Indians are forced to buy unsafe cars
Five small cars in the Indian market failed in the first-ever independent crash tests.
The man you should thank for high-speed WiFi and 4G
Meet Joseph Paulraj, a pioneer of MIMO wireless communications, a technology breakthrough that has revolutionised high speed wireless delivery of multimedia services for billions of people across the globe.
10 Indian-origin CEOs now manage business worth $350 billion
With Satya Nadella becoming CEO at software giant Microsoft, 10 Indian-origin persons holding top posts at global corporations manage businesses worth about $350 billion.
Markets ends higher after a volatile session
The markets ended marginally higher on Thursday, amid a volatile trading session, led by gains in FMCG majors Hindustan Unilever and ITC.
Auto Expo 2014: Best car launches on the first day
The Day 1 at the 12th Auto Expo started with a bang with some innovative concept cars by manufacturers both domestic and international, amazing designs of facelifts, new models and everything in between.
'Satya Nadella is a Beatles fan'
He also participated in horse riding.
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| February 05, 2014 | | Nadella becomes a rage in cyber world
He is only third after US President Barack Obama in the virtual world.
Nissan to roll out two more Datsun models by 2016
The company wants to corner 10 per cent market share with both the brands, Nissan and Datsun, contributing half of sales by then.
Auto Expo 2014: Tata Motors unveils 2 stunning concept cars
Homegrown auto major Tata Motors on Wednesday unveiled a concept compact sports utility vehicle Nexon along with another concept car ConnectNext.
Renault unveils high-tech concept car KWID
This is the first time the company chose to reveal a concept car outside Europe and this is eloquent sign of it commitment to India.
Maruti Suzuki unveils mini-SUV, SX4 replacement
India's car market leader Maruti Suzuki India unveiled two concept models - sedan Ciaz and crossover SX4 S-Cross - as it looks to enhance its position in the bigger sedan segment going forward.
Isuzu launches D-Max Space Cab pickup truck
Japanese automaker Isuzu Motors launched a multi-utility pickup truck targeting small and medium entrepreneurs, which will be priced in the range of Rs 7000,000 - 800,000.
Auto Expo 2014: Bajaj ready to roll out quadricycle
Awaiting a formal notification on quadricycle, Pune-based Bajaj Auto on Wednesday said it is ready to roll out its RE60 model once it gets a go ahead from the government.
Hyundai launches new Santa Fe SUV, costs Rs 26.3 lakh
With its Storm Edge design language, the new Santa Fe replaces the older model and competes with the likes of the Toyota Fortuner, Ford Endeavour, Ssangyong Rexton and Chevrolet Captiva.
Ford debuts new Fiesta
The car is updated with the trapezoidal grille (Aston Martin inspired design touch), laser-cut new headlamps and a different bonnet.
Microsoft hopes Nadella can rekindle the magic
Microsoft Corp is betting a mix of old and young blood will revive the aging technology pioneer, but new Chief Executive Officer Satya Nadella may find it tough to push change with co-founder Bill Gates and former CEO Steve Ballmer breathing down his neck.
'Nadella has all the right attributes to reinvent Microsoft'
As Satya Nadella takes over as CEO of technology giant Microsoft, it is a thrilling moment for people of Indian origin in America.
Rupee logs first loss in three days
Falling for the first time in three days, the rupee washed out initial gains to end four paise
Auto Expo: About 70 cars to be launched this year
India's Auto Expo is considered to be among the biggest motor shows in the world.
Markets rebound from 4-month lows; Nifty holds 6,000
Markets rebounded to end marginally higher on value buying at lower levels.
We have the best platform to change the world: Satya Nadella
I will focus on things Microsoft can do uniquely. We are the company that enables people to do more - to play, to have more fun, to create more, says Satya Nadella.
Nissan to introduce 3 variants of its small car Datsun GO
The hatch competes with cars such as Maruti Alto and Hyundai i10.
10 cars that will set Indian auto show on fire
These cars are the future of mobility.
Cricket buff, technocrat, Nadella wears many a hat
A cricket buff and poetry loving electrical engineer from Hyderabad Satya Nadella is the next occupant of the Microsoft corner office in Redmond from where Bill Gates built his software empire.
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| February 04, 2014 | | Friends elated at Satya Nadella's rise as Microsoft CEO
Parents, relatives and friends of Hyderabad-born Satya Nadella are elated after the news of his elevation as Microsoft's CEO broke on Tuesday evening, even as neighbours gathered at Nadella's posh Banjara Hills residence in Hyderabad to congratulate his parents.
Satya Nadella is a proven leader: Ballmer
Satya Nadella is a "proven leader" whose "strong technical skills and great business insights" will drive the world's leading technology company, says Microsoft's outgoing CEO Steve Ballmer about his successor.
Cricket taught me teamwork, leadership: Nadella
A poetry aficionado and a cricket fan, Microsoft's new CEO India-born Satya Nadella learnt lessons in teamwork and leadership by playing the gentleman's game.
READ: CEO Nadella's first email to Microsoft staff
Microsoft Corp named India-born Satya Nadella as its next chief executive officer, ending a longer-than-expected search for a new leader. Nadella is only the third CEO in Microsoft's 39-year history.
Classmates remember Satya Nadella as 'humble', 'ever willing to help'
speaks to the new Microsoft CEO's classmates in Manipal and Hyderabad to discover an inquisitive student who still attends the school reunion.
Microsoft names Satya Nadella as next CEO
The company ended a longer-than-expected search for a new leader after Steve Ballmer announced his intention to retire in August.
Burj Khalifa's top deck hosted over 1.87 mn visitors in 2013
The world's highest observatory deck at Burj Khalifa has defined its credentials as one of Dubai's most popular tourist attractions, welcoming over 1.87 million visitors in 2013.
Hyundai unveils Xcent; watch out Maruti Dzire, Honda Amaze
Hyundai's first made for India compact sedan will be available in both petrol and diesel engines.
What to expect from India's biggest auto show
India's flagship automobile show Auto Expo will kick off on Wednesday with companies hoping that new models to be unveiled during the spectacle will help revive demand at a time when the sector is going through a prolonged slump.
How Mukesh Ambani plans to catch up with Vodafone, Airtel
If he bets big, billionaire Mukesh Ambani will emerge from this week's airwave auction armed with spectrum that could make his Reliance Industries Ltd a formidable rival to market leaders Bharti Airtel Ltd and Vodafone Group.
After Mumbai dream run, monorail mania catches Chennai's fancy
After the successful launch of the monorail project in Mumbai on Sunday, Tamil Nadu is gearing up to implement a similar project in Chennai.
Nissan rolls out 'Datsun GO' from Chennai plant
The entry-level car, under the popular Datsun brand, is aimed at tapping the first-time car buyers.
Mumbai monorail rakes in Rs 2 lakh on Day 2
About 19,600 passengers travelled in 64 trips between 7 am and 3.15 pm on the Wadala-Chembur route.
Re ends 3 paise up against dollar; at 62.53
In line with equity market, the rupee trimmed its initial losses but was quoted still lower by 17 paise on dollar demand from banks and importers despite weakness of the US currency overseas.
Maruti Celerio: Will it be the next best-selling car?
The Maruti Celerio isn't a game changer but an average performer in many areas.
Why Satya Nadella is the right choice to revive Microsoft
Sramana Mitra, the founder of One Million by One Million, a virtual incubator that aims to help one million entrepreneurs globally cross $1 million in revenue, has seen many companies go through the early growth phase.
Will Micromax, Karbonn survive the Chinese onslaught?
After slaying biggies at home, Chinese smartphone makers bullish on India
Sensex recovers from 4-mth lows on late buying, ends flat
Market recovered after touching 4-month lows on account of short-covering in heavyweights
Corruption in public sector banks: Who pays the price?
The inefficient public sector with higher costs offers a lobbying cover for the entire sector, which confers even greater benefits on the private sector.
Why more India-born executives will lead tech giants
Experts argue that it is a sign of maturity of the industry and of Indian techies working abroad.
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| February 03, 2014 | | Govt may tinker with tax rates to boost economy: Chidambaram
The government on Monday indicated that it may tinker with the excise duties and service tax rates in the interim budget in an apparent bid to boost economy but may not pursue key reforms legislations due to lack of political consensus.
Ford unveils gorgeous Figo Concept
Ford unveiled the global Ford Figo Concept in India, a move aimed at strengthening the company's compact car portfolio.
Facebook at 10: An amazing success story
The company was launched by Mark Zuckerberg on February 4, 2004, from Harvard University.
Tallest residential towers in the world; India's World One tops
Among the 30 tallest residential buildings in the world, India boasts of five buildings, including World One.
Tata Motors unveils compact sedan Zest and Bolt hatchback
Looking to cover lost ground in the car market, auto major Tata Motors unveiled two new models, which it plans to start selling in the second half of the year.
Economic recovery visible, albeit fragile: CII poll
The economy may have already bottomed out in the previous quarter.
Is the Samsung Galaxy Grand 2 worth buying?
The company hopes to make a splash in the mid-range smartphone market with its Galaxy Grand 2 model.
How to make a will that is tamper-proof
Here are ways to ensure your children and other legal heirs don't tear at each other when you're gone
Can Satya Nadella rescue Microsoft?
With speculations around the globe that Satya Nadella, 45 a senior executive at Microsoft, will be the next chief executive officer (CEO) of Microsoft, industry analysts welcome the idea but say Nadella has to change the company's business model to succeed.
Dalal Street jittery on pullout of FIIs, wobbly rupee
The markets will also keenly eye the HSBC manufacturing and services data.
Rupee logs 1st rise in 3 days, up 12 paise
The rupee on Monday gained for the first time in three days and closed up 12 paise to 62.56 against the dollar on fag-end sales of the US currency.
Weak China data wreaks havoc in domestic markets
Market breadth ended weak with 1,437 losers and 1,095 gainers on the E.
Meet the most successful global CEOs of Indian origin
With Satya Nadella set to become Microsoft CEO, more India-trained professionals are taking top positions in the world.
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| January 31, 2014 | | Diesel price hiked by 50 paise per litre
The price of diesel in Delhi will be hiked by 57 paise.
India lowers FY13 GDP growth to 4.5%
The government on Friday said the economy may have expanded by 4.5 per cent in 2012-13, compared with the earlier estimate of 5 per cent, on account of subdued performance in agriculture, mining and manufacturing.
Best engineers in India are from Delhi, Bihar
The best talent pool of engineers is in Delhi, Bihar and Jharkhand, while those from Andhra Pradesh and Tamil Nadu are least employable, said a report.
What Suzuki's Gujarat plant means for Maruti
Maruti's decision to give the Gujarat plant to Suzuki may not be the proverbial win-win amid concerns about costly imports and pricing.
The best-selling Indian cars fail safety test
Some of the most popular small cars sold in India, including Maruti Alto 800, Tata Nano, Ford Figo, Hyundai i10 and Volkswagen Polo, have failed crash tests showing high risk of life-threatening injuries in road accidents, according to Global NCAP.
CEO race at Microsoft: Who is Satya Nadella?
A short profile of the Indian born Satya Nadella who could be the next top boss at Microsoft.
Will Air India buy more Boeing 787 Dreamliners?
Panel of its and govt officials to scrutinise operational record and decide whether to proceed with inducting more Boeing 787s.
Why Sunil Bharti Mittal loves his new CEO
People given to hyperbole would say that Gopal Vittal's rise at Bharti Airtel has been "meteoric". But in his case, superlatives could perhaps be forgiven. Here's why
From dignity to disgrace: What went wrong with Ranbaxy
Yet another factory of Ranbaxy, this time in Toansa (Punjab), has been banned from selling in the United States. Once again the company faces charges of unclean manufacturing practices.
Karl Slym's death is a wake up call for Indian companies
Tata Motors MD sudden death shows it is time companies asked themselves 'What would we do if we lost our CEO tomorrow?'
Market crawls back to life; breaks 5-day fall
The Sensex ends up 16 points to end at 20,514.
India-born Satya Nadella likely to be Microsoft's new CEO
Technology giant Microsoft is likely to name Indian-American top executive Satya Nadella to replace longtime chief Steve Ballmer as the new Chief Executive Officer, capping a five-month search for the only third CEO in the company's history.
20 best companies you would love to work for
The best companies to work for as ranked by Fortune magazine.
China may not be allowed to invest in India's railway projects
The proposal to allow 100% FDI in the construction and maintenance segments of the railway network was floated in August last year.
Rajan pans raising LPG cap, says it's misdirected subsidy
Minutes after the Union Cabinet approved raising the cap on subsidised liquefied petroleum gas (LPG) cylinders from nine to 12 per connection in a year, Reserve Bank of India (RBI) Governor Raghuram Rajan questioned the decision, suggesting it was "misdirected subsidy".
Should salaries be linked to performance?
Performance pay as a concept is increasingly gaining importance in emerging markets like India and China, but linking compensation to unquantifiable corporate goals is where the model flounders.
Success story: 10 best banks in India
Despite several challenges plaguing the banking sector, HDFC Bank has emerged as the best bank in India.
Lenovo hots up competition after Motorola deal
Lenovo Group, the Chinese technology company that earns about 80 percent of its revenue from personal computers, is betting it can also be a challenger to Samsung Electronics Co Ltd and Apple Inc in the smartphone market.
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| January 30, 2014 | | Automakers pin hopes on Auto expo to reignite demand, sales
Amid economic slowdown, Auto Expo, the biggest spectacle in the Indian automobile sector, will begin next week with the industry hoping for a reignition of demand through the show, which will see 70 new unveilings.
Mahindra to unveil electric sport car Formula E in Feb
A Mahindra group firm and electric vehicle maker, Mahindra Reva will showcase its Formula E car along with a concept electric sports car at the Auto Expo starting next week.
India's first monorail to roll out in Mumbai on Feb 1
The country's first Monorail service will commence operations next month on the 8.9 km
Govt hikes subsidised LPG cylinder quota to 12 per year
Bowing to party pressure, the government on Thursday raised the quota of subsidised LPG to 12 cylinders per household in a year from nine at present and also put on hold paying users the subsidy into bank accounts using Aadhaar platform.
Are Ranbaxy drugs available in India safe?
If I follow US standards, I will have to shut almost all drug facilities: G N Singh
Corruption did not get worse during UPA rule: Chidambaram
The government, he added, was aware of the problem and was dealing with it.
Rupee seen to move around 63/USD in near term
From a credit risk perspective, there does not seem to be immediate danger.
Suzuki issue: Why India must regulate MNCs
Maruti Suzuki's announcement that a proposed factory in Gujarat will be owned not by it but by a fully-owned subsidiary of Suzuki Motor Corporation gives rise to several questions related to corporate governance - and to larger questions about the regulation of multinationals in India.
'India should be given credit for helping America'
India should be given credit for helping America recover from the economic crisis, says S Jaishankar, India's new Ambassador to the US.
AAP's vision document to outline economic policy
The document includes inputs from various groups such as labour and farmer unions and industry.
Google sells Motorola to Lenovo for $2.91 billion
It is Lenovo's second major deal on US soil in a week as the Chinese electronics company angles to get a foothold in major global computing markets. Lenovo last week said it would buy IBM's low-end server business for $2.3 billion.
Rupee retreats from session lows as state banks sell dollars
Traders broadly expect the rupee to stay in a 61.50 to 63.50 range over the next three months.
UPA faces a new moment of truth
No longer in eye of storm, but uncertainty still abounds over India on several scores.
Railways' pride: 20 superfast trains in India
The Indian Railways has an ambitious plan to increase the speed of Rajdhani, Shatabdi and Duronto trains to 160-200 km/hour over the next three years.
US Fed taper knocks down markets to 2-month lows
Further tapering by the US Fed led to a sell-off in emerging markets on concerns of slowdown in foreign fund inflows
RBI quietly begins tryst with inflation targeting
Rates would stay high for longer as CPI inflation now stands at nearly 10 per cent.
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| January 29, 2014 | | Poll: Should MPs be treating like 'Maharajs' at the airport?
Do you agree with the government's idea of extending benefits to the MPs while you have to pay double the price of everything inside an airport and go through the thorough security check?
Rupee has recovered smartly to about right level: Chidambaram
US is not going to do the kind of sequential taper that was hinted in May, said FM.
This gorgeous car is Maruti SX4 successor
The car will come with a petrol and a diesel engine option.
Pvt airlines told to give special privileges to MPs
Protocol to accord such services to MPs have been in existence for over three years now.
India ranked at the bottom of Intellectual Property Index
For the second consecutive year, India has been ranked at the bottom of 25 countries in terms of protection and enforcement of intellectual property practices, a US Chamber of Commerce report said on Tuesday.
Slym jumped to death after row with wife, police surmise
Sally Slym told police they had fought so much that night that she could not talk to her husband any more.
10 safest airlines in the world
For those who are afraid to fly, here are the airlines that have the best record for safety.
10 amazing post offices from around the world
India has the largest postal network in the world with over 1, 55,015 post offices.
Immigration reform is key to America's economic growth: Obama
The comprehensive immigration reform if passed by the Congress will provide a path to citizenship to some 11 million undocumented people, including 240,000 Indians.
Rupee ends 10 paise higher at 62.41 vs dollar
There was sustained selling of the American currency by exporters ahead of a decision of US Federal Reserve on tapering its monetary stimulus.
Once the preserve of youth, IT staffing enters middle age
The bright youngsters they recruited years earlier have become earnest family types.
When cheques bounce, banks charge double penalty
Banks charge double penalty - where the cheque is issued & where it is deposited.
Market ends flat amid volatility
Markets ended flat ahead of January F&O contracts expiry tomorrow. Markets closed flat with a slight negative bias after a volatile session that saw key benchmark indices move in a narrow range.
Suzuki's move to run Gujarat plant faces a storm
New subsidiary to supply cars to Maruti Suzuki
Why is the govt running its banks so badly?
The relatively poor performance of government-owned banks comes at a cost to taxpayers.
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| January 28, 2014 | | Mercedes launches C-class Grand Edition at Rs 36.81 lakh
German luxury car maker Mercedes-Benz today launched new C-class Grand Edition, both in petrol and diesel variants, priced at Rs 36.81 lakh and Rs 39.16 lakh respectively in the domestic market.
Karl Slym: A jovial person who won the hearts of many
Karl Slym was affable, gregarious and always motivated. Even in moments of crisis, Slym's sense of humour remained intact.
World's top 5 smartphone companies
The growth of Chinese manufacturers is shaking up the smartphone industry.
Get ready to pay higher EMIs as RBI hikes rates
Reserve Bank Governor Raghuram Rajan on Tuesday again surprised the markets and raised the key policy rate by 0.25 per cent to 8 per cent in a bid to curb inflation, a move that may translate into higher EMIs and push up the cost of borrowing for corporates.
Airfare discounts see a boom in tickets sales
The three-day discount sale launched by domestic airlines have boosted forward bookings of carriers in February and March, a lean season for travel.
Rupee recovers 8 paise, trades at 63.02 vs dollar
Rupee gained on fresh selling of dollars by banks ahead of the RBI policy meeting.
How postmen may help set India's monetary policy
Post workers are collecting data that determines the level of India's consumer price index, which is likely to become RBI's most important tool for setting monetary policy.
Markets end flat; shrugs off repo rate hike
IT majors and Maruti Suzuki down 8% were the top losers among Sensex-30.
A journey in a double-decker train from Delhi to Jaipur
The superfast double-decker train running between Delhi and Jaipur is new and posh, says a friend who has just been on it, up and down.
Things to check before building your house
You are likely to face legal problems and cost escalation, if these issues aren't nipped in the bud.
Rupee, worst performer among currencies of emerging markets
With a global selloff over concerns of the US Federal Reserve's bond-buying tapering impacting the currencies of several emerging markets, the rupee has been the worst performer since Thursday.
5 hot cars that will be unveiled in February
Indian Auto Expo that will start on February 7 will see 70 product launches. We bring the best of it.
Online versus offline trading: What you must know
Offline brokers usually incur much higher costs than online brokers.
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| January 27, 2014 | | Amazon will now 'read' your mind, and ship products
Amazon has filed a patent for the technology called 'anticipatory shipping'.
Top executives may get over 10% pay hike this year
Indian companies are likely to give more than 10 per cent pay hike to their top executives
Affordable smartphones with useful features
We look at some smartphones that are loaded with useful features and give some punch, and at the same time go easy on your pocket.
Amazing Airbus A-380s will finally fly into India
Four Indian airports are currently equipped to handle these super jumbos.
Honda City diesel vs Hyundai Verna diesel: And the winner is...
Honda has taken to diesel and come up with its completely new City sedan. Ranged against it is the new version of the erstwhile segment leader, Hyundai's Verna.
How we can clean the highly polluted Ganga river
Water is drawn for agriculture, industry and cities, but only waste is returned to the river.
Did Tata Motors MD commit suicide?
Karl Slym, managing director of India's Tata Motors Ltd, died after falling from a hotel room in Bangkok in what police said on Monday could be possible suicide.
Special: Are PSU stocks worth betting on?
Retail investors should carefully follow recent moves on high dividend payouts or stake sales in state-controlled companies
IMAGES: Amul launches India's first milk ATM
In a pioneering move, Amul has launched India's first milk ATM.
Rupee drops 44 paise to 10-week closing low of 63.10 vs dollar
Succumbing to a rout in emerging markets, the rupee slipped past the 63-mark for the first time in ten weeks.
Budget: Will Chidambaram try to please voters?
Interim Budgets are usually presented in an election year either just before the general polls or immediately after them.
Sensex down 420 pts; highest percentage fall since Sep 2013
Rate sensitive shares led the decline ahead of RBI monetary policy review tomorrow.
9 amazing man made islands
Many countries around the world reclaim land to build airports, housing projects or even develop an entire city. Here are the nine biggest artificial islands made by men.
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| January 24, 2014 | | The iconic Apple Macintosh turns 30
Thirty years ago today, Steve Jobs presented the new Macintosh personal computer to a room of Apple investors. The machine has maintained its impact upon the world ever since.
PepsiCo shifts from 'fun-filled' to healthy products: Nooyi
With consumers going the healthy way, PepsiCo decided to transform its portfolio from 'fun-filled' to 'good-filled' products, the beverages major's chief Indra Nooyi, Chairman and CEO of PepsiCo, said on Friday.
Indra Nooyi thanks her mother for her success
"When friends and relatives came, they all told my mother that she had got a great daughter. But it is not about me, but about my parents who brought me up so well," Nooyi said.
How to get your high-end smartphone insured
Increasing instances of theft and break downs means you could easily lose expensive items.
8 firms headed by Indian-origin entrepreneurs on Forbes' list
The list is topped by Fuhu, a California-based company that sells the Nabi, an Android-based tablet for kids.
RBI mandate on bank notes make customers anxious
Business people especially worried; banks suggest RBI's April 1 deadline might be too early.
Best selling phones: Lumia 520 outsells Galaxy Note 3, iPhone 5C
These devices set the trend for the future of smartphones.
Why do brands fret over ratings blackout
Some like Panasonic, Honda, Coca-Cola will turn to their agencies for help, others like Dabur would look at brand tracks.
8 gorgeous cars to be unveiled in India in Feb
Auto manufacturers are planning for global premiere of 15 cars at the Indian Auto Expo 2014.
Cognizant boss on what makes the company tick
Cognizant India Executive Vice-Chairman R Chandrasekaran talks to Business Standard about the experience and the way forward.
Meet the Indian techies who sold their company to Google
Fraud, spam and misuse are the words one comes across often while looking for information on the professional history of Vishwanath Ramarao and Naveen Jamal, the duo who shot to fame early this week after Google acquired their cyber security firm, Impermium, which they co-founded along with an American Mark Risher.
SPECIAL: Cognizant's amazing success story
Relative to its competitors such as Infosys, Wipro and TCS, Cognizant's spending on sales and marketing is 50% higher, says an expert.
USFDA bans more products from Ranbaxy
The move follows an FDA inspection of a Ranbaxy facility which identified significant violations of sound manufacturing practices.
10 most expensive streets in the world
Let's take a look at some of the most expensive streets in the world.
Markets slump as high interest rates may prevail
BSE Realty, Capital Goods and Consumer Durables indices were down by 3% each.
Govt banks stare at mid-level crisis
A quarter of managers to retire in 3 years; new private banks also seen as threat.
What stops India from being a superpower? Poor education
A nation touted at places like the World Economic Forum in Davos a few years ago as an economic superpower in the making is only just beginning to address the problem that only 27 per cent of children in class 5 in its village schools can subtract.
Biocon forced to move clinical trials out of India
Biocon, which sought to develop drugs for India and other emerging markets from home, is in a quandary.
Top-level exits at Infosys have a silver lining
Top-level exits at Bangalore-based Infosys may have led to concern about the company's medium-term growth, but these have contributed to Executive Chairman N R Narayana Murthy's strategy of cost optimisation.
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| January 23, 2014 | | CPI-M slams BJP's economic blueprint
Communist Party of India-Marxist on Thursday trashed Bharatiya Janata Party's economic blueprint as 'semantic verbiage' akin to 'fascist demagoguery.
Jagriti Yatra: Building India through enterprise
An ambitious endeavour, the Jagriti Yatra is both a promotion of enterprise and itself a manifestation of ingenuity and entrepreneurial spirit.
Indian economy is like a super highway, says Friedman
Friedman was participating in a session on India Outlook at the World Economic Forum in Davos on Wednesday where Finance Minister P Chidambaram was present.
'India to create 100 mn jobs in manufacturing sector'
According to the minister, India needs to expand its manufacturing sector to boost exports and ensure sustainability.
No need to ring alarm bells for India, says Montek
Ahluwalia said that emerging markets would need to focus more on FDI and bonds among other measures to make up for the fall in bank credit.
AirAsia promises low fares in India; expects to launch soon
Hopeful of launching flights in India in next 2-3 months, Air Asia chief Tony Fernandes says that the airline would introduce 'dramatically' low fares in the country, which would be cheapest in the market and take air travel to masses.
Tata Motors offers VRS to improve balance sheet
A company spokesperson said VRS is and will be offered to 'white-collar workers only'. Tata Motors employs around 30,000 people.
Indian leaders who gave WEF meet a miss
While the rich and famous from across the world have assembled in Davos for their annual talk-fest and networking for business, many top Indian business leaders like
IMAGES: A tour of Moscow Metro's amazing stations
One of the world's oldest and most beautiful metro networks in the world, Moscow Metro has 190 stations.
How to identify if your banknote will be valid after April 1
RBI to withdraw pre-2005 notes: Here's how to recognise the new from the old.
SPECIAL: Sony warms up for new game plan
By winning FIFA broadcast rights and focusing on new genres, Sony Six hopes to create a niche.
Can Ford EcoSport beat its competitors in 2014?
Ford EcoSport is undoubtedly, the most successful launch, the Indian automobile industry has witnessed in 2013.
Bangkok tremors turn tourist tide to India
While Bangkok is one of the most popular destinations in Asia, India enjoys the advantage of being a country with a wide range of attractions.
Big hurdles ahead for Posco project in India
The government's revalidation of the environment clearance for its steel plant in Odisha may not go far and it may still be years before the project takes off.
Sensex ends at all time closing high
L&T, HDFC, Infosys, Axis Bank among the top gainers.
Want to exchange soiled notes? Don't forget your identity proof
RBI to withdraw all pre-2005 notes; move seen as effort to unearth black money.
Why there is little hope of an RBI rate cut this year
Focus on inflation, higher CPI projection dampen bond market mood.
Modi-led govt better for Indian economy: Moody's
It said early polls suggested the BJP should win the largest number of votes and seats, giving it the opportunity to form a government.
SPECIAL: Rigour and risk in RBI's reform push
Government incentives to grow rice and wheat as part of a subsidised food programme for the poor also keep prices high.
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| January 22, 2014 | | BSE: Top gainers and losers
The 30-share Sensex of the Bombay Stock Exchange closed 86.55 points higher at 21,337.67 and the National Stock Exchange Nifty index closed at its highest closing levels in 2014, up 25.15 points at 6,338.95.
Beyond politics: FM wants to edit a newspaper!
Chidambaram said this when he was asked by Financial Times Editor Lionel Barber on what he would he like to do beyond politics.
Decline in layoffs calms Indian job market
The companies currently hiring in India is 38 per cent, which is a two per cent drop year-on-year and down on predictions made in June 2013.
Kashmir trade stalls as India, Pakistan fight over drugs bust
The spat, which comes after the two sides agreed on Saturday to allow round-the-clock movement of trucks and containers through their main border crossing further south in Punjab, underlines the fragility of the peace process.
Why Crisil expects India's growth to improve next year
Crisil said the next fiscal could be a year of new leadership and old challenges.
In Asia, workers in Singapore are most unhappy
The top reasons for dissatisfaction were an unsuitable corporate culture, difficult bosses and being asked to do more with less.
TCS leads IT upswing, but can it remain investors' darling?
The third-quarter results of information technology (IT) software leaders indicate that the turnaround in the world's developed economies is a rising tide that is lifting virtually all boats.
39% of world CEOs are very confident of growth
But worries mount over emerging markets and regulation
Loyalty is 'irrelevant', it's performance that matters in Wipro
Wipro, India's third-largest software services company is making a shift in its human resources practice.
RBI expected to ease liquidity in the next policy review
Central bank may raise the limit on repo borrowings or purchase more of govt bonds.
SPECIAL: Why Moily is in a hurry to clear big projects
With only months to go for the general elections, the new environment minister has gone into overdrive to clear projects.
16 airports that boast of AMAZING records
Be ready to be awed by some of the records these airports hold.
IMAGES: World's 10 longest highways
The United States boasts of some of the world's longest highways.
Force One SX vs Mahindra XUV 500: Which is better?
The love story with big, brawny SUVs refuses to end.
An underground tunnel to link Mumbai's domestic airport to T2
The Mumbai airport is likely to become the first in the country to have an underground tunnel for airside vehicular movement.
No poor countries in the world by 2035, says Bill Gates
By 2035 most countries will have higher per-capita income than what China has right now.
Reliance Jio's grand plans a worry for telecom sector
Market expects either a price disruption or differentiated service; combination of both could hurt incumbents.
Equities arrive: Markets end at highest 2014 closing levels
Reliance up 0.94%, Sun Pharma up 2.85, ICICI Bank up 0.76%, Bharti Airtel up 1.56% and Tata Steel up 2.2% were the top Sensex gainers today.
Textiles & IT/BPO push job growth
Added bulk of rise in labour-intensive sectors for September quarter; export segments fuel increase across the board
Mega projects in limbo: Praful Patel admits UPA's 'failure'
Admitting the "failure" of the UPA government in grounding several mega projects in a time-bound-manner, Union Minister for Heavy Industries and Public Enterprises, Praful Patel blamed it on the environmental "activism within the government".
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| January 21, 2014 | | Why are real estate prices still high despite weak demand?
The sale of fresh residential units (in square foot) by listed real estate companies has seen a downward trend in the first half of 2013-14.
LPG cap: Will Cabinet endorse Rahul's views?
If the quota is raised to 12, about 97 per cent of the LPG consumers would be covered by subsidised LPG.
Thailand tops the chart for Indian travellers!
The recent Hotel Price Index report by Hotels.com showed that three Thailand cities -- Bangkok, Phuket and Pattaya -- are in the top 10 destinations explored by Indian travellers in the last two years.
New Tata Vista VX Tech is here @ Rs 5.99 lakh
The new top of the line variant -- Vista VX Tech comes with various features such as a touchscreen multimedia system with GPS Navigation.
This is how Swiss banks plan to woo rich clients
As hundreds of world's rich congregate for the World Economic Forum Annual Meeting in Davos, many of them have also scheduled meetings with Swiss bankers to devise new strategy for their hidden wealth.
Biyani bets big on small lifestyle companies
After making handsome profits on Biba and AND, the homegrown retailer plans a string of similar investments.
Crossrail: Building Europe's largest infrastructure project
Crossrail, the largest infrastructure project in Europe which will ease the burden on London's crowded underground rail network, has reached the half-way stage.
SPECIAL: 8 reforms political parties should talk about in 2014
The author suggests eight reforms that all parties competing in this year's general elections should embrace.
Secret gizmos that can help you fight corruption!
Citizen sleuths need a variety of secret gizmos to carry out the sting operations recommends Arvind Kejriwal.
These small, mid-cap stocks are FIIs' favourites
Stakes raised significantly in select companies during Dec quarter, pushing sectoral indices up more than larger peers.
SPECIAL: What Modi didn't say about the economy
Narendra Modi's speech had surprising omissions about his economics.
Tata Motors unveils its first PETROL engine in 15 years
The company will market this new range in petrol engines under the Revotron brand.
Markets end flat; Bank Nifty up 1%
ITC, RIL and TCS among the top losers for the day.
Nissan to unveil some stunning cars at Auto Expo
Nissan Motor Company, the renowned global passenger car maker, has been outstanding at the domestic front ever since its arrival.
Mumbai's classy T2 terminal to rival world-class art museums
Mumbai International Airport's new T2 terminal has an art collection to rival world-class museums, a miscellany of cultural nuances that embodies India.
How not to lose money in the stock market
Data show that the chances of loss lessen with more time spent in the market
Railways' plan to mint money: AC tickets at Rs 12,000-Rs 17,000!
Railways plans to cash in on huge demand to shore up passenger revenues.
Can the UPA claim India is 'shining'?
The poor quality of the initial statistics must take some of the blame for the flak that the government has been getting; growth rates have been recorded as plunging more than they may in fact have.
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| January 20, 2014 | | Why new flat for your old one needs a lot of homework
Changes in policies and increase in applicable rates are leading to delays in redevelopment. Residents should know how to avoid the pitfalls
BSE: Top gainers and losers
The 30-share Sensex ended up 141 points at 21,205 and the 50-share Nifty gained 42 points to close at 6,304.
World's 85 richest people own half of global wealth
The report by worldwide development organisation Oxfam details the impact that widening inequality is having on the world economy.
UPA's fatal neglect of the direct taxes
Obsessed with spending, the UPA has ignored the vital task of expanding the direct tax net.
SPECIAL: Toothpaste war intensifies as HUL, P&G gnash their teeth
Colgate cries foul over P&G's claim that its Oral-B toothpaste is best in the country.
NSE top-ranked globally for equity trades for 2nd year in 2013
NSE recorded almost 145 crore (1.45 billion) equity trades on its platform last year, a gain of 3 per cent from 2012, making it the biggest among 51 global peers, according to data with the World Federation of Exchanges.
Is Nokia's phablet Lumia 1520 worth the price?
The Lumia 1520 has features to die for, but to be a proud possessor of the smartphone would mean burning a hole in your pocket.
William, Kate and Harry set up firms to protect 'brand'
The firms were set up in 2012 on the advice of lawyers, but have been dormant ever since and are not intended to be used for trading, the report said.
Do Indian politicians lack economic vision?
Both BJP and Congress are offering more of the same, without appearing to realise that welfarism can cause bigger economic problems if adequate growth is not ensured.
20 trains with longest routes; 4 from India!
The Trans-Siberian Railway holds the record for maximum number of long distance passenger trains.
IT shares boost markets; Sensex up 141 points
Markets ended higher led by IT majors after they reported better-than-expected third quarter earnings.
Air India in crisis? It doles out free air tickets to staff
While its top officers like functional directors and joint managing directors are entitled to get 24 free tickets each year, deputy general managers and above get 20 passages under a scheme called Passage Entitlement-Vacation Travel.
Air India, others plan direct flights to top global destinations
Airlines are in talks with Delhi airport over connectivity on 7 routes.
'Delhi created maximum jobs; overall hiring declined in 2013'
The study also found that new job generation plummeted in most sectors as about 20 out of the total 32 sectors tracked by the study registered a fall in new job generation.
Doing business in India set to become easier
It will provide a single-stop shop for all business licences and permits, eliminate the need for a physical interface with various regulatory authorities at the central, state and local government levels and provide all business-related information 24x7 on a single portal.
Mercedes to unveil CLA45 AMG sedan at the Auto Expo
Besides, the company would launch its sports utility vehicle the M Guard during the show.
Six Sensex cos add Rs 32,064 crore in market cap; Infy top gainer
Four companies --TCS, Coal India, Wipro and Bharti Airtel -- saw decline in their market-cap.
IT firms help India Inc bounce back from slowdown
The net profit of 82 firms up 20.2%, but topline growth slows to 14.7% on muted show by manufacturing firms.
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| January 17, 2014 | | Reliance Q3 net flat at Rs 5,511 crore
Indian energy conglomerate Reliance Industries reported a nearly flat profit of Rs 5,511 crore ($895 million) for the December quarter but beat analyst estimates, helped by stable margins in its main refining business.
Wipro Q3 net up 27%, beats estimates
Wipro joined its other information technology peers -- Infosys, Tata Consultancy Services and HCL Technologies in beating estimates.
BSE: Top losers and gainers
The 30-share Sensex ended lower by 202 points at 21,064 and the 50-share Nifty fell 57 points at 6,262. The Sensex and Nifty touched an intra-day low of 20,016 mark and 6,246 levels, respectively.
The top 10 retirement destinations in the world
If you are in your sunset years, here are nations that give you the best deal.
Chidambaram tries to hard sell 'growth story' once again!
The Congress-led United Progressive Alliance government, in power since 2004, will
Honda to unveil mini SUV Vision XS-1 in India next month
Outlining the company's plans for India's flagship auto show, the firm said in a statement that it will globally unveil a new creative model, the Honda Vision XS-1.
How Akosha turned consumer complaints into a unique business
28% of the complaints Akosha received in the October-December 2013 quarter were from telecom consumers.
Tata Motors to unveil new petrol engine to power next-gen cars
The engine 'is set for a revolution that will change the face of the Indian automobile industry', the company claims.
Diamond jewellery sector lays off 15% of workforce
The sector spends substantial sums on training.
Mercedes S-Class: The best car in the world
No other car comes close to this engineering marvel.
SPECIAL: What ails the public sector banks
This article examines the call for the government to reduce its majority ownership in public sector banks ostensibly with the objective of improving the functioning of these banks.
Delhi airport set to become a top hub for global flyers
The Delhi airport, with the share of its transit passengers in total annual traffic nearly doubling in three years to about 18 per cent, appears to be transforming itself into an international hub.
Sensex ends below 21,100 mark; Q3 nos disappoint
The broader markets underperformed the benchmark indices- E Midcap and Smallcap indices fell between 1-2%.
Reliance Jio goes for the kill
Company now plans to use 1800 MHz band spectrum as the primary wave while the 2300 Mhz wave will be supplementary for enterprise customers.
IT giants beat the Street, bullish on outlook
TCS, HCL Tech join Infy in reporting improved earnings, are bullish on outlook.
FDI in retail won't make a country better off: Stiglitz
The Aam Aadmi Party's decision to disallow foreign direct investment (FDI) in Delhi's retail sector has a taker of sorts in economics Nobel laureate Joseph Stiglitz.
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| January 16, 2014 | | Microsoft considers Ericsson CEO for top job
Microsoft Corp is considering Ericsson Chief Executive Hans Vestberg as a possible successor to outgoing CEO Steve Ballmer.
48% Indian households expect economy to worsen in 2014
The study was conducted along with its research partner -- Nielsen Company in the last quarter of 2013.
TCS Q3 profit surges 50%, beats estimates
Tata Consultancy Services said quarterly consolidated net profit surged 49.6 percent, its fastest pace of increase in at least two-and-half years, helped by increasing demand for outsourcing services in the United States and Europe.
BSE: Top losers and gainers
At close, the Sensex was down 24 points at 21,265 and the Nifty was flat at 6,319.
Honda launches new variant of Amaze; priced at Rs 6.22 lakh
The SX variant sits right between the mid-level S and top of the line VX variant.
Murthy magic has started to show on Infosys
Cost cutting has begun to deliver; analysts say the real turnaround will come when Murthy's impact is evident on sales and delivery.
Election results could impact growth, says Moody's
The World Bank has projected that India's economy will grow at over 6 per cent in 2014-15 and 7.1 per cent by 2016-17 as global demand recovers and domestic investment increases.
Beware! Fairness creams, lipsticks contain banned chemicals
A study conducted by a leading green NGO has found high amount of heavy metals including mercury in fairness products of reputed companies being endorsed by big Bollywood names.
Amazon to launch its best selling e-reader in India
Global online retailer Amazon will launch its e-reader Kindle Paperwhite in India next
Biggest billionaire controversies in the past one year
Past one year has been a rollercoaster ride for India's billionaires. While some were allegedly involved in scams, some got in tussle with government. Let's look at the biggest controversies Indian billionaires courted in the past one year.
Kejriwal's move, a blow to the crisis-hit power industry
After Delhi's move to slash its electricity tariff by half, other states are calling for similar concessions, dimming the prospects for electricity reforms.
Why do AAP's electoral promises make little financial sense?
The author looks at what can be discerned of citizens' troubles from the new political party's platform.
EXCLUSIVE images: INSIDE Mumbai's NEW airport terminal, T2
, who was allowed exclusive access to Mumbai's new airport terminal, T2, tells its story in pictures.
RBI seen softening stand on policy rate as inflation cools
WPI-based inflation falls to 5-month low of 6.16%.
Markets consolidate; telecom slumps
Bharti Airtel, HDFC Bank, Tata Motors and ITC among the top losers for the day.
Modi pleases India Inc with tax talk
At the Ficci meet, the Gujarat chief minister says 'tax terrorism' in the country is inherently venal; calls for discussion on economic reforms.
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| January 15, 2014 | | BSE: Top gainers and losers
The 30-share Sensex ended up 257 points or 1.2% at 21,289 and the 50-share Nifty ended up 79 points or 1.3% at 6,321.
Sony unveils budget smartphone Xperia E1
Sony soon plans to launch Xperia E, a budget Android phone with special focus on music. The phone is a successor to Xperia E launched last year.
How politicians are using social networks to woo voters
Social media is the new advertising tool for today's politicians and political parties
Beware! The Chinese (yuan) are coming
Beijing is aggressively pushing, with some success, the internationalisation of its currency.
India has become a country of under-achievers: Modi
Launching an attack on the economic policies of the UPA government, Narendra Modi on Wednesday said the main reason behind the "despair" prevailing in the country was that nobody takes responsibility.
Time Warner to sell its NY headquarters for $1.3 billion
Time Warner, one of the world's largest media companies, is in the final stages to sell its New York headquarters in a whooping $1.3 billion, a media report said on Wednesday.
Revealed! The new Tata Vista that will replace Vista D90
The top-end Vista Tech VX will get features such as ABS with EBD, touchscreen multimedia system with satellite navigation, keyless entry and steering integrated audio controls.
World Bank projects India's growth at over 6% in 2014-15
According to the report, the global economy is projected to strengthen this year, with growth picking up in developing countries.
BJP wants to do away with Income Tax; is it practical?
The Bharatiya Janata Party's proposed banking transaction tax is ill-conceived and inadvisable but it is disruptive enough to raise questions about the perverse nature of India's current tax regime and the need to reinvent it.
Foreign investors bet big on IT stocks in Dec quarter
During the quarter ended December, foreign investors aggressively raised their shareholding in Indian information technology (IT) companies, especially mid- and small-sized ones, according to shareholding data.
FM's solution to fiscal deficit: Earn now, spend next year
Finmin wants higher advance tax from India Inc, interim dividend from PSUs.
Pathetic state of Railways: Blame the political leadership
The work and management culture in the Railways needs to be severely shaken up, but the conventional political leadership of the country is unable to do it.
AAP's stand on retail FDI presents intriguing possibilities
On the retail FDI issue, a possibility being talked about in the corridors of power is the Congress might withdraw its support to AAP in Delhi.
Markets surge as Dec WPI eases to 5-month low
Markets surged after Dec WPI which eased to 5-month low raised hopes of a neutral stance by the RBI at its policy meet end-January.
Why Narendra Modi is wrong on taxation reforms
The post-1991 economic boom was accompanied by a reduction in indirect taxes and rise in the share of direct taxes, and vice versa in the current slowing
How Delhi, Mumbai airports turned into money spinners
The airports run by leading private operators GMR and GVK, especially those in Delhi and Mumbai, are turning out to be cash cows for the government.
Skoda to soon launch all-new Superb in India
The company is expected to announce the detail in the India Auto Expo.
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| January 14, 2014 | | Switzerland ready to discuss tax info-exchange with India
There have been concerns in India about limited flow of tax information from Switzerland about Indian citizens, who have allegedly stashed away unaccounted money in Swiss banks.
Why India needs a vibrant manufacturing sector
The specific characteristics of the Indian growth slowdown are poised, according to some observers, to stall a major structural change to the Indian economy.
Nano Twist a better value-for-money car than Alto, EON
The cheap-car tag fades with every new variant, Tata Motors inches towards taking on other city cars.
How Airbus beat Boeing to regain top position
Airbus stands ready to increase output after winning an industry peak of 1,619 new airplane orders in 2013, as it seeks to turn a record backlog of almost nine years of plane production into hard profit.
India falls in economic freedom, ranked at 120
Noting that India continues to suffer from low, but improving, levels of economic freedom, the latest Index of Economic Freedom ranks the nation 120th
Is US recovery a positive sign for Indian markets?
The developed world's recovery, particularly that of the US, is not necessarily a positive for the Indian market.
Is it time to raise your contribution to EPF?
As long as a provident fund continues to be exempt from tax at all stages, it is the best option to build a retirement corpus.
Sensex down 100 points; software shares slump
TCS, ICICI Bank, Tata Motors and Tata Steel among the top losers for the day.
Why cancellation of Vedanta's Niyamgiri project is worrying
The government of Odisha is likely to appeal to the Supreme Court against the decision by the central government in New Delhi to halt the bauxite mining project being undertaken by Vedanta Resources in the Niyamgiri area of the state.
Volvo S60 vs Mercedes Edition C: The winner is...
Is the Volvo S60, the new feature-laden beauty, better than the Mercedes-Benz Edition C?
How Google has made the smartphone more intelligent
A peek at Google Now's features that help users in their daily tasks.
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| January 13, 2014 | | Markets record highest one-day gain in 7 weeks
Markets surged nearly 2% led by IT majors on better-than-expected Q3 earnings from Infosys and hopes that RBI would continue to maintain status quo on key policy rates.
Mercedes Benz India to launch 8 new cars this year
German luxury carmaker Mercedes Benz plans to launch about eight new products in India this year as part of plans to continue with the double digit growth that it witnessed last year.
BSE: Top gainers and losers
The 30-share Sensex ended up 376 points at 21,134 and the 50-share Nifty ended up 101 points at 6,272.
India's economic woes far from over
The current account deficit, the difference between outflow and inflow of foreign exchange, would be about 2.3 per cent of gross domestic product because of the fall in gold and non-essential imports, the financial services major said in a report.
How travel has become a nightmare in Indian Railways
Indian Railways is one of the biggest and busiest rail networks in the world, operating 9,000 passenger trains and transporting up to 20 million passengers every day.
Tata launches Nano Twist at Rs 2.36 lakh
Tata Motors have launched the Nano Twist in Mumbai. The Nano Twist, is the power steering variant of the Nano.
Political parties promise the moon; will you fall for them?
As the election season approaches, bad ideas seem to gain currency. Here's analysis of promises election parties have made.
The Murthy effect
Global recovery and internal shake-up at Infosys have worked in tandem.
EPFO nods raising Provident Fund interest rate to 8.75%
The Central Board of Trustees, which is the apex decision-making body of the Employees' Provident Fund Organisation, met on Monday and approved the interest rate.
Nokia Lumia 525 or HTC Desire 700: Which is better?
With a plethora of smartphones in the market to choose from, you are spoilt for choice.
Iconic IMAGES capture the beauty of BMW
Let's take a look at some of the BMW models that have graced the roads.
He is reinventing nine yards of silk
The 89-year old, Chennai-based silk saree and apparel major, RmKV, is re-inventing the saree.
Micromax to launch tablet that works on Android, Win 8
Indian smartphone maker Micromax's dual-operating system tablet Laptab will be priced under $500 (about Rs 30,000) and will be available in the domestic market next month.
Wear a full-fledged computer on your wrist!
Here's our pick from CES 2014, which, we feel, you should be excited about.
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| January 10, 2014 | | PM inaugurates Mumbai airport's swanky T2 terminal
Prime Minister Manmohan Singh on Friday inaugurated Mumbai airport's integrated terminal, T2, which will boost the airport capacity to 40 million.
Nachiket Mor: A banker who is never short of ideas
Nachiket Mor is a man of ideas. He is so passionate about his projects that sometimes he overpromises and fails to live up to expectations.
Best of luck to those who LEFT Infosys: Murthy
Unfazed by the exodus of top executives, Infosys co-founder and Executive Chairman N R Narayana Murthy on Friday said he wished luck to those who quit the firm and said the company has a strong cadre of leaders and that its future will not be "compromised".
Why Taj and Leela are selling their hotels
Burdened by debt from their rapid expansion in the last few years and the shrinking economy, many hotel chains are now casting around for buyers to sell their assets.
BJP questions cost escalation of Mumbai Metro project
Alleging that there has been an enormous cost escalation in the Mumbai Metro Rail project, Bharatiya Janata Party (BJP) has demanded that Maharashtra government should conduct a special audit to find out the `real cost'.
75 exciting vehicles to launch at India's biggest auto show
Rising from a slowdown continuing for the past several quarters, Indian automobile makers are set to launch a record number of vehicles at the 12th edition of the Auto Expo from February 5.
Despite early chill, 2014 to be hot year for stock markets
Notwithstanding the stock market in 2014 logging one of the worst New Year starts since 1996, the year heralds the beginning of a bull cycle in India and the Sensex may scale the 24,000 peak by December, Deutsche Equities said.
Top 5 free messaging apps
WhatsApp and BlackBerry Messenger are the two prominent Android instant messaging applications. However, there are several messaging apps that are worth trying.
India slips from top to 8th spot in business optimism
The data was drawn from interviews with 3,500 senior executives across industry sectors and was conducted between November and December 2013.
Infosys is out of rehab, looking lean and hungry
Founder Narayana Murthy has lost eight top executives since returning to the outsourcing company.
Is market's love affair with the BJP justified?
Akash Prakash argues the changes needed to revive growth will happen, whether the BJP or anyone else comes to power in 2014.
Microsoft succession speculation focuses on internal candidates
A source close to the company said no appointment was likely until the last week of January or in February.
Markets end tad higher ahead of the November IIP
Markets end marginally higher supported by IT shares as Infosys's Q3FY14 results boosted sentiment.
20 gadgets to look forward to this year
Consumer Electronics Show gives a preview of the amazing gadgets that will come out in the market in the future, as most leading technology companies announce their products in the trade show. Here are 20 products that stand out from this year's event.
Infosys q-o-q profit up 19.4%; revenue growth forecast raised
Infosys Ltd, India's second-largest software services exporter, posted a 21 per cent rise in quarterly net profit, beating estimates, as stronger economic growth in Europe and the United States revived demand for outsourcing services.
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| January 09, 2014 | | Little Eye Labs founders are great deal makers: Rajesh Sawhney
Rajesh Sawhney's Twitter account is flooded with congratulatory messages. His GSF Accelerator funded Little Eye Labs, bought by Facebook on Wednesday.
Stocks that have a high upside potential
Their businesses are expected to do well this year and the scrips' downside risks are limited, as the valuations are reasonable.
Why the Indian economy will continue to suffer
The overhang of corporate debt is the primary straitjacket that ties our firms down, not the bottlenecks created by our alternately slothful and interventionist courts and bureaucrats.
Annual auto sales witness first decline in 11 years
According to the Society of Indian Automobile Industry, domestic car sales last year fell to 18,07,011 units from 19,98,703 units in the previous year.
Biggest airport projects that will change the face of India
The GMR group-run Delhi and Hyderabad airports have not only been gleaming examples of successful public-private partnerships, but they are also among the country's favourites.
'Inflation to moderate in coming months'
WPI inflation rose to a 14-month high of 7.52 per cent, while the retail inflation was in double digits at 11.24 per cent in November.
In Pix: This 1932 Ford can rival India's best super cars
The car rebuilt with a V8 Chrysler engine and it produces 500 BHP. It can attain a top speed of 200 kmph.
28 oldest banks in the world
Let's take a look at some of the oldest banks in the world.
Good time to sell out of D-Street's white elephants?
From September 3 till date, mid- and small-cap shares have outperformed benchmark indices.
Infosys results: Lower expectation for Dec quarter
Comments awaited on top exits, management rejig, products business demerger, apart from FY14 revenue forecast
Aam Aadmi Party: Good politics but bad economics
Arvind Kejriwal has got his politics right. Now, he needs to rethink his party's economic policies.
Markets end choppy session on a flat note
L&T, Axis Bank and Hindalco down 2% each were the top losers for the day.
Gold loans: Some easing, some stiffening by RBI
Now, non-banking finance companies can give a loan up to 75 per cent of the gold value; the previous limit was 60 per cent.
Should 'Reliance Metro' be renamed Mumbai Metro?
Republican Party of India (Athawale) on Wednesday objected to naming of the city metro service as 'Reliance Metro' and demanded it should be renamed as 'Mumbai
Women's group seeks LIMIT on gold given at weddings
The women's commission in Kerala is seeking to limit the amount of gold given at weddings to no more than 80 grams to reduce the burden on families and help ease India's trade deficit.
BSE: Top losers and gainers
At close, the Sensex was down 16 points at 20,713 and the Nifty was down six points to close at 6,168.
Raju's wife, kin among 19 directors convicted for evading Income Tax
Raju and nine others accused, including his two brothers, are currently on bail in a case related to fudging of Satyam accounts in 2009.
Indian Railways to get a new life with foreign investment
India will soon invite foreign businesses to help expand its once-mighty but now outdated railways, government sources said, in a move that would mark the opening up of one of the country's last great state-controlled industries.
Singapore Airlines-Tata Indian JV orders Airbus A320s
The new airline has begun recruiting pilots and is close to confirming its top executives, including a Singapore Airlines executive as its chief executive officer.
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| January 08, 2014 | | Honda drives in new City; can it take on rivals
The petrol variant has a starting price of Rs 742,000 and the diesel one starts at Rs 862,000.
Mercedes launches latest version of S-Class at Rs 1.57 crore
German carmaker Mercedes-Benz
Tablets spell death knell for PCs
Demand for PCs has been affected by tablets, forcing Indian companies to stop making computers. But they may find solace in the fact that the tablet market is fast maturing.
Nokia launches its first phablet and a budget Lumia phone
Nokia has expanded the range of its smartphones with the launch of two new devices - Lumia 1320 and Lumia 525.
No worries, India to grow at 5% in FY14, says PM
He also said that regardless of the outcome of the next elections, they will once again demonstrate the strength of India's democracy and its institutions.
When will Mumbai airport's T2 terminal be ready for operations?
The plan to open T2 for operations next Wednesday is unlikely because of pending work.
India Inc happy with AAP's anti-graft plank, but...
A survey of CEOs shows corporate India is unsure about the party's ideology, with some feeling its left-of-the-centre politics can be detrimental in the long run.
Realty investment drops 6% in 20 states
Assocham report cites economic slowdown, liquidity crunch, labour shortage etc as reasons.
Winter crops cool vegetable prices
High vegetable prices were seen as one of the key reasons for the debacle the ruling Congress party faced in four of the five Assembly elections concluded last month.
After a 5-day losing streak, markets end higher
Markets gained for the first time in 2014, amid a range bound trading session, snapping a five-day losing streak led by Reliance Industries and IT major TCS.
India's 20 biggest companies, IOC beats Reliance
Indian Oil Corp has emerged as India's biggest company in terms of annual revenue.
Kejriwal's election plans worry foreign investors
Indices rallied almost 16 per cent from September till end of 2013 partly on expectations that the BJP-led NDA would form the government in 2014.
JP Morgan Chase to pay $1.7 bn in penalties for Madoff ties
The bank is facing a slew of government legal actions.
Hottest property prices around the world
Let's see some of the hottest property prices around the world.
28 countries with best fixed and mobile Internet reach
Let's take a look at nations that have most extensive fixed and mobile Internet connections.
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| January 06, 2014 | | BSE: Top losers and gainers
The 30-share Sensex ended down 64 points at 20,787 and the 50-share Nifty ended down 20 points at 6,192.
Are these cheap smartphones worth buying?
See whether these smartphones live up to their claims of a smart experience without burning a hole in your pocket.
BlackBerry slashes Q5 price by 20% to Rs 19,990
The device with a QWERTY keypad was earlier priced at Rs 24,990.
Toyota to launch a mini SUV based on Etios platform in India
Mechanically, the car is based on the Liva and sports the same running gear. However, the visuals of the hatchback have been tweaked to give it a rugged appearance.
How the govt can revive India's economic growth
2013 will go down as an "annus horriblis" for the Indian economy. Instead of a growth rate over 10 per cent and inflation under 5 per cent we have the reverse.
'Bengal is in dire need of industrial development'
Partha Chatterjee, former West Bengal industry minister, says it is a gross misconception that the government's policy is anti-industry.
Mumbai's pride: Swanky T2 terminal set for a flying start
Apart from handling 40 mn flyers a year in an area of just 1,400 acres, the new airport terminal will showcase a 3-km-long art wall & peacock-inspired design.
Air India drags Kingfisher to court over Rs 39-crore dues
Kingfisher Airlines' conciliation meeting with Air India recently ended without any result.
India's 20 BEST cities to live in, Mumbai beats Delhi
Mumbai has been ranked as the most livable city in India.
Markets dip on weak December services PMI
After sharp contraction in December, services PMI dashed hopes of a recovery in the second half of the year.
Soon Tata Motors, Mahindra cars will ply on foreign roads
Don't be surprised if you see cars from the two manufacturer in a foreign land. The carmakers are supplying their vehicle in over 11 countries.
Pepsi to uncork TV channel with MTV
Deal pegged at Rs 7-10 crore (Rs 70-100 million) a year.
Meet the new contenders for CEO at Infosys
Having lost some key personnel, the IT company is sticking to its formula of scouting internally
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| January 02, 2014 | | Govt lowers tariff value on imported gold, silver
The tariff value on imported gold earlier stood at $398 per 10 grams, while on silver at $643 per kg.
Subrata Roy moves SC seeking permission to go abroad
Senior advocate C A Sundaram, appearing for Roy, submitted that his client has some business overseas and he is needed there.
How Indian cities can be successful
Indian cities need a new intellectual underpinning.
I would still lose sleep on US Immigration Bill: Nasscom chief
Last year, Nasscom hired influential lobbyist, public relation and law firms to plead the case of Indian firms with Congressmen.
Cars that changed Indian auto industry in 2013
Despite of reoccurring crisis in 2013, there were many auto-giants that did well in sales due to some of their impeccable mean machines. Here are some of the top gainers of 2013.
Wages, unemployment issues kept Labour Ministry busy in 2013
The country came to a virtual stand-still when trade unions called a two-day general strike on February 20 pressing for implementation of their 10-point charter of demands.
Will the New Year bring cheer for the realty sector?
Jones Lang LaSalle India says growth was skewed towards suburban and emerging locations as opposed to city sub-markets in 2013.
How India's ultra-rich spend their money
Let's take a look at how India's millionaires and billionaires spend their money.
What to expect from the telecom sector in 2014
With reduced uncertainty and clarity on the spectrum-pricing and sharing front, industry set to see positive growth and stability in the new year.
Discounts fail to boost car sales in December
Maruti and Hyundai see marginal rise in demand for entry-level hatchbacks.
IMAGES: Lamborghini set to unleash a new storm with Huracan
Huracan, which is named after a fighting bull, has been designed as a successor to Gallardo.
Sensex falls the most in 45 days
ITC, L&T, Reliance Industries and ICICI Bank weighed on the indices.
SPECIAL: Now, NaMo on your dinner table!
From stainless steel plates to sweets to T-shirts, brand Modi is going places
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| December 31, 2013 | | Stock market wealth soars by over Rs 1 trillion in 2013
TCS contributed the most to stock market wealth.
Delhi govt may go for CAG audit of private power companies
Defying doctor's advice, an unwell Chief Minister Arvind Kejriwal met CAG Shashi Kant Sharma to discuss the issue before going into a Cabinet meeting.
The BEST and WORST gadgets of 2013
While bigger smartphones and gaming were a hit, consumers also saw failures in Blackberry Z10 and smartwatches.
How to make an airline pay when flyers won't
Getting more people to fly with you seems to extract a high cost, as pioneer Gopinath learnt and full service carriers rediscover.
Year-end special: Key RBI policy rates in 2013
A graphic on key policy decisions taken by the Reserve Bank of India in 2013.
Samsung launches 'Stay New' plan to upgrade to new smartphones
'Stay New' empowers the customer to own a Galaxy smartphone of choice and upgrade the same in future, Samsung said.
Best and worst performing economies of 2013
Let's take a look at some of the best and worst economies of 2013.
Year-end special: Why the economy is expected to improve in '14
Slowing growth and rising inflation marked 2013 which the country's economic managers would like to forget quickly in the hope that the new year will bring in new government and some good news.
Xolo Play Tegra Note tablet: Is it better than Google Nexus 7?
Xolo Play Tegra Note, with higher screen resolution and graphics and audio, takes gaming experience to a new level.
Are low personal loan rates really cheap?
Processing fees, pre-payment charges add to expenses; also low rates not for all
10 upcoming cars that will drive you crazy
Sedans, hatchbacks, SUVs and luxury on wheels - 2014 promises a range of sleeker and smarter launches in every category.
World's 10 beverage companies projected to see biggest growth
Let's take a look at beverage companies projected to post biggest growth.
How RBI is helping banks to realign their finances
As their non-performing assets have risen sharply even as loans have remained stagnant, RBI steps in with stringent loan-management measures.
Jewellers offering gold exchange scheme step up due diligence
With gold smuggling rising, jewellers have to be sure of the source of the gold being exchanged.
Markets end flat; marginally up in 2013
Markets ended flat amid lacklustre participation from institutional investors.
10 best-selling cars in the world this year
Let's take a look at some of the cars that dominated the global market in 2013.
More budget carriers mull flying abroad
Lower taxes on ATF on international routes certainly help in making operations more viable.
Why India Inc is confident of an economic revival
Index measuring this at six-quarter high; however, economic & political volatility a concern.
Year-end special: Events that shaped India's corporate world
India's corporate sector sees big ticket deals in 2013.
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| December 30, 2013 | | Closer to elections, UPA govt starts supporting India Inc
With a spate of clearances, including relief to companies facing delays in development of coal mines, the government is getting its act together.
Be brave: Go for equities, shun gold
Experts advise getting back to equities, as the outlook on the yellow metal and real estate is weak.
Is Samsung Note 10.1 tablet better than iPad Air? Find out...
A big, rich screen and powerful battery make it ideal for gaming and videos but the Note 2014 could have a better camera if you are paying so much for it.
Health of banks worsened in past six months, says RBI
The indicator combines the impact on all major risk dimensions, said the RBI, which has carried out multiple tests before coming to this conclusion.
Inflation limiting RBI's ability to boost growth, says Rajan
Analysts say the RBI could resume tightening monetary policy by early next year should inflation remain high, even as the economy is growing below the decade low of 5 percent posted in the fiscal year ending in March.
Why best of stock experts are nervous about 2014
Politics ahead of general elections, Fed tapering threats and inflation to keep markets on the toes.
Year-end special: Why food prices are staying up
The Agricultural Produce Marketing Committee law allows mandis to remain in the grip of a middlemen cartel, with clear links to politicians who run the governments.
Some good news at last from Reserve Bank!
Delay in the tapering of the $85 billion-a-month bond buyback programme by the US Fed (tapering will start from January 1) gave the country time to replenish the forex reserves and rein in the high current account gap.
World's top 20 multinational workplaces
Let's take a look at some of the best multinational companies.
SPECIAL: Who will be the star of the Indian economy in 2014?
RBI governor and new FM could hog all the limelight.
28 most secretive economies in the world
Let's take a look at some of the most secretive economies in the world.
Markets end lower amid volatility
The 30-share Sensex ended 50 points lower at 21,143 and the 50-unit Nifty was down 23 points at 6,291.
We want to kill workflows, says TCS chief
Work should not flow; it should get done, said
Shahrukh's, Salman's, Hrithik's homes on wheels
Vanity Van of Bollywood biggies customised by auto guru Dilip Chhabria
| | | |
| December 27, 2013 | | How a little known city became China's economic powerhouse
Based on Foshan's projected GDP growth from 2010 to 2025, Foreign Policy and the McKinsey Global Institute ranked it as the world's 13th most dynamic city.
BSE: Top gainers and losers
The 30-share E Sensex ended 118.99 points higher at 21,193.58 and the broader 50-share Nifty gained 34.90 points to close at 6,313.80.
COLUMN: The dangers of 'tolerable' inflation
The committee set up under Urjit Patel to revise the policy framework needs to re-examine the Reserve Bank's approach to monetary stability.
From boss to worker: TN's top business community fights back
Nagarathars are threatened by dwindling interest in entrepreneurship among its younger members.
Year-end special: Exiting bumpy patch, road sector to have smooth ride
The year began with major infrastructure players like GVK, GMR exiting out of mega road contracts on account of problems such as delays in receiving the green nod, funding crunch and regulatory hurdles.
Kejriwal questions CNG price hike, may review auto fares
The compressed natural gas, or CNG, rate in the national capital was on Thursday raised by a steep Rs 4.50 per kg in a second increase in rates in three months.
The crown prince of HDFC Bank
Paresh Sukthankar, the heir apparent to Aditya Puri, prefers an approach that is in sharp contrast to Puri's.
Global gold prices likely to drop further in 2014
Govt measures, rupee movements to determine domestic levels
4 car launches of 2013 that drove buyers crazy
New cars that set the bar higher for quality, design and pricing, and helped automakers rake in a good moolah.
Markets take heart in small things; small-caps outperform
E small-cap index, which ended over 1% higher, outperformed the benchmarks significantly.
Should you invest in banking funds?
As these have been the most volatile during the past year, limit your exposure in 2014
9 Indians among world's 300 richest people
Mukesh Ambani drops from 18th in 2012 to 35th position.
Review: Honda City petrol is the best car in its segment
The new Honda City petrol is stylish, spacious, performance-oriented, and promises great fuel economy.
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| December 26, 2013 | | Khobragade owns properties worth Rs 10 cr in Mah, Kerala, UP
In 10 months, her property value has zoomed almost six times
World's 25 most expensive office spaces include two from India
Let's take a look at some of the most expensive prime office occupancy rates around the world.
The Mistry innings: Captain gets his eye in
While understanding the challenges of the group, the Tata Sons chairman has taken quite a few tough decisions in his first year in office.
How to make best use of OPD insurance cover
Most people do not know how to use it. At best, it provides tax benefit.
India's real estate sector rebound is on shaky ground
For the real estate sector, Diwali was the worst period after the global recession struck in 2008-09.
Gold prices finally fell in 2013
The yellow metal gives negative returns after 12 yrs; analysts say it'll be subdued in 1st half of 2014, with a revival likely later.
Cyrus Mistry scores faster than Sensex in 2013
Tata group's market value is up 38% against the 9% rise in the Sensex in the past 12 months.
The Mistry Innings: Full A-team to be in place in 2014
Mistry is halfway through in building Tata group's Gen Next.
Year-end special: Foreign money floods big telecom operators
Doha-based Qatar Foundation Endowment has bought five per cent stake for $1.18 billion in Bharti Airtel.
Cyrus Mistry's 'to-fix' list widens
The slowdown heat has been felt the most in steel, commercial vehicles and hotels
Sensex ends up 42 points on December expiry
Last hour gains in HDFC Bank, Infosys and ONGC help the indices to end marginally higher.
FinMin-RBI tension resurfaces
Banks are in a tight spot as ministry wants them to open ATMs at all rural branches
| | | |
| December 24, 2013 | | Facebook expects to raise $1.48 billion from 2nd IPO
The California-headquartered firm plans to use the funds raised for working capital needs and corporate purposes.
Why no private companies want to construct roads in India
Government does not have adequate money to fund the projects and the framework to award contracts is flawed, too.
IMAGES: DC Design gives EcoSport a SWANKY look
DC Design has just revealed their take on the hugely popular Ford EcoSport. The studio has modified the exteriors and interiors of the compact crossover thoroughly.
Year-end special: Inflation remained a big challenge in 2013
The retail inflation, which is a better gauge of price rise and measured by Consumer price index, ruled in double digit for most months of the year with the latest November
16 longest non-stop flights in the world
Let's take a look some of the longest non-stop flights in the world.
Warren Buffett made about Rs 228 crore a day in 2013
With a gain of $12.7 billion in 2013, Buffett's net worth at the end of the year stands at $59.1 billion. The notable philanthropist had a fortune of $46.4 billion at the beginning of the year.
Markets end flat ahead of Dec F&O expiry
Investors booked profits ahead of Christmas holiday tomorrow and Dec F&O expiry on Thursday.
We have to be very careful while raising rates: Rajan
People who advocate a rate hike because inflation is very high, even without the food component, have in mind some developed-economy structure, Raghuram Rajan tells Business Standard in an exclusive interview.
Samsung Gear smart watch: Is it the best gadget of 2013?
The Samsung Gear smartwatch is nowhere near James Bond's tech devices, but to be able to talk to someone on your watch is no less exciting. But is it a good buy? Find out...
Banks woo home buyers with low interest rates
Part of a focus on retail advances, as corporate demand remains subdued; could reverse if RBI raises repo next month
Will Infosys appoint an outsider as the CEO?
As front-runners for the CEO positions leave, speculation is rife that Infosys will have to look for a suitable candidate outside the company.
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| December 23, 2013 | | Apple has 'big plans' for 2014
During the year, the company extended its leadership in the smartphone market.
BSE: Top losers and gainers
The 30-share Sensex ended at 21,101.03, up 21 points higher from its previous close and the borader 50-unit Nifty gained 10 points at 6,284.50.
Controlling inflation remains RBI's priority, says Rajan
He said the Reserve Bank will wait for next set of data on inflation and industrial growth before taking a call on interest rates.
Awesome tablets the world is waiting for in 2014
From Apple to Asus, here's what to expect from tablet manufacturers next year.
The myriad risks India faces at the moment
Rajan also did his bit by taking steps to protect the currency against speculative attack as did the government in curbing gold imports and bringing the Current Account Deficit
Year-end special: Exports weather slowdown, to do better in '14
The US and Europe account for about one-third of India's exports.
World's 12 best cities for shopping
This new Year's if you are travelling abroad for a vacation, here are list of 12 cities where you should definitely shop.
Tata Motors discontinues Vista D90; to launch a new small car
Tata dealers have begun clearing existing inventory by offering sizable discounts on the hatchback.
Year-end special: Sting operations, bad loans hit banks in 2013
The year 2013 saw the Reserve Bank of India nudge banks to not only improve customer services and reduce bad loans but also look at plugging loopholes in the regulatory
Is your city among India's 28 most competitive?
Let's take a look at 28 most competitive cities in India.
Another scam in the making
An open letter to the prime minister on the Rangarajan formula doubling the price of KG basin gas
REVIEW: iPad Air is the best money can buy
iPad Air is thinner in width and depth and considerably lighter and easier to hold.
Year-end special: Sensex, Nifty hit new highs in 2013
If 2012 was a year that saw Indian bourses scripting a dramatic turnaround after the meltdown, 2013 was marked by consolidation in the first half and a new found optimism by market participants in the second half.
Equity outlook: Twelve-month Sensex target is 24,600
The robust export performance, coupled with a compression of imports led by gold, has led to a substantial narrowing in the current account deficit to comfortable levels.
Year-end special: Gold comes off all-time high, silver declines
The government took steps to curb imports of gold after concerns about the country's current account deficit.
Broader markets rule; bechmarks lacklustre
E Small-Cap and Mid-Cap indices were up more than 1% each, with both these indices outperforming the Sensex today.
What makes Infosys tick despite 8 top-level exits in 6 months?
To an outsider, the exits could signal turmoil and, perhaps, even trouble. But, Infosys, on the contrary, seems to be back as stock markets' darling.
Samsung launches dual-SIM Galaxy Grand 2 @ Rs 22,900
The dual-SIM smartphone will be available in the market from first week of January.
| | | |
| December 22, 2013 | | Rahul Gandhi outlines UPA's economic agenda
Realising that rising prices had brought the Congress down in the Assembly elections, Gandhi flagged tackling inflation, including the food part, as top priority.
| | | |
| December 20, 2013 | | 8th major exit from Infosys; BPO head Bala quits
The development comes at a time when Infosys' shares are trading at a record high.
Petrol price hiked by 41 paise, diesel by 10
Diesel, which is sold at Rs 53.67 a litre in Delhi, will cost Rs 53.77 after the hike in commission.
Defying market chill, Christie's makes a sizzling debut in India
The auction house put under the hammer 79 art works at over Rs 102 crore (Rs 1.02 billion), including Rs 23.7 crore (Rs 237 million) for a Vasudeo Gaitonde painting, a record price for a work of an Indian artist.
BSE: Top gainers and losers
The 30-share Sensex ended up 371 points at 21,080 after hitting an intra-day high of 21,118 and the 50-share Nifty ended up 108 points at 6,274 after touching an intra-day high of 6,285.
IMAGES: World's best boutique hotel is in Rajasthan
It has also been honoured as one of the World's Best Romantic Retreats.
India must go back to 8% growth at any cost, says Prez
A number of things need checking and for good reason. Read on to know why, so that you don't have regrets later.
Nokia to launch 5 new devices in Lumia, Asha range
The devices will be launched in India in the same quarter in which software giant Microsoft is expected to complete the acquisition of Nokia.
Investing in real estate? Be cautious!
A number of things need checking and for good reason. Read on to know why, so that you don't have regrets later.
Why bosses should not shut out voices that disagree
Why yes-men are good for ego but bad for business.
Is India the most materialistic country? Find out...
Let's take a look at how people measure their success around the world.
The year ahead: Best companies to work for in 2014
Let's take a look at some of the companies rated best by their employees.
India among countries that saw biggest jump in house prices
Let's take a look at some of the markets that saw biggest increase in residential property prices.
SPECIAL: Lessons from the NSEL fiasco
This article reviews what happened at NSEL, according to information available in the public domain, and reiterates what could be done to reduce the risk of similar scams.
Indian shares post biggest single-day gain in nearly a month
E Oil & Gas, Realty, Auto, Power, Bankex and IT surged between 1-2%.
Best of 2013: 10 top performing stock markets of the year
Let's take a look at 10 best performing stock markets in the world.
Tata group voted India's most trustworthy company
Completing a year at the helm of one of the biggest conglomerates of the country, Cyrus Mistry definitely seems to have retained the trust of his investors, a new survey said.
Fed taper unlikely to hurt Indian stocks
Fed move based on US economic recovery, which should boost India's exports, narrow CAD and help curb 'imported' inflation
| | | |
| December 19, 2013 | | SBI slashes home loan rates by up to 0.4%
SBI home loans will now be available under two slabs -- under Rs 75 lakh (Rs 7.5 million) and above Rs 75 lakh.
BSE: Top losers and gainers
The 30-share Sensex ended down 151 points at 20,709 and the 50-share Nifty ended down 51 points at 6,167.
2013: The worst chapter in the history of Indian automakers
A drive through a long endless dark tunnel best describes the journey of India's auto sector in 2013, during which the industry witnessed record spell of decline in sales, vehicle recalls and strikes.
What exactly ails the world's advanced economies
The biggest failure of post-2008 economic policy has consisted in governments' inability to find creative ways to write down unsustainable debts, for example in US mortgage markets, and in Europe's periphery.
FMC's ruling most severe on Jignesh
The order says he was the 'highest beneficiary' of NSEL fraud and has proven unfit to handle affairs of any exchange.
India prepared to deal with Fed tapering, says Chidambaram
Crucially, the US central bank softened the blow by making its forward guidance even more dovish.
Raghuram Rajan: From an inflation hawk to a pragmatist
Three months on the job seem to have converted Reserve Bank of India Governor Raghuram Rajan from an inflation hawk to at least a pragmatist.
A sinking economy has put the UPA in trouble
It's the floundering economy that caused the Congress' grievous loss in the Assembly elections.
Murthy brings Infosys back to the starting line
The company is reaping the benefits of change as focus shifts back to traditionally-profitable businesses and deal volumes.
Review: New Honda City Diesel is India's most fuel-efficient car
For a car with a fan following like City, Honda's engineers really need to bring out their best while moving to a next generation model. So, have they? Find out...
Markets slide as Fed begins tapering
Fears that FIIs would curtail their investments in emerging markets following the Fed's tapering plan hurt sentiment.
Is Delhi's Metro fare cheapest in the world? Find out...
Let's take a look at how much one-way journey costs in some of the biggest cities across the world.
India's biggest wealth destroyers, Reliance tops
While TCS cheered investors becoming India's biggest wealth creator, Reliance which was a darling of the markets turned out to be a damp squib.
IMAGES: Inside Bangalore's swanky airport terminal
Bangalore's swanky airport has received a new identity.
Maruti to launch new Swift, Dzire in 2014
CarToq reports that Maruti will carry out that facelift for the Swift and Swift Dzire in the first quarter of the next year.
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| December 18, 2013 | | BSE: Top gainers and losers
The 30-share Sensex was up 248 points at 20,859 and the 50-share Nifty was up 78 points at 6,217.
Gujarat's growth balanced but health care, education need focus
A majority of the panelists agreed Gujarat has been doing better than other states on land acquisition, skill development and primary and secondary education.
After losing elections, PM says inflation worries 'legitimate'
With price rise being attributed as one of the prime reasons for the Congress poll debacle, Prime Minister Manmohan Singh said the "worry about inflation is legitimate" but noted that incomes of most people have increased faster than inflation.
Micromax launches Canvas Blaze smartphone @ Rs 11,000
Canvas Blaze will have one sim slot that will work on 3G equivalent CDMA network of MTS and the other will support GSM sim which can work on network of telecom players like Airtel,
Why Moody's prefers Rajan to Subbarao
Central bank Governor Raghuram Rajan drew kudos from Moody's Analytics for his monetary stance.
India's ambitious disinvestment target stuck in 2013
The drive of the disinvestment department to move ahead with its plan to raise Rs 40,000 crore was often neutralised by the desire of the administrative ministries to get better valuation and better price for the shares of the companies put on the block.
RBI says vegetable prices are falling. Do you agree?
While retail inflation soared to a nine-month high of 11.24 per cent in November, the index based on wholesale prices zoomed to a 14-month high of 7.52 per cent last month.
'Thank goodness, the RBI Governor has not panicked'
The RBI had been widely expected to lift its repo rate by 25 basis points, but instead opted to keep the country's main lending rate at 7.75 per cent.
The only way to fix food inflation
The blame for the relentless ascent rests largely with the misguided agricultural marketing policies of the Centre and state governments.
RBI talks tough on inflation, yet holds rates for now
The Reserve Bank of India (RBI) unexpectedly kept the country's policy interest rate on hold on Wednesday, despite calling current inflation too high, citing the prospect of easing retail prices and its concerns about the weak domestic economy.
Analysts expect TCS to post stable numbers in Q3
Demand is driven by smaller deals in the US, larger ones in Europe.
Ambanis, Birlas line up 'Electoral Trusts' to fund elections
As general elections draw closer, at least five large corporate houses including those of Ambanis, Mittals and Birlas, have set up 'Electoral Trusts' for providing funds to political parties.
IMAGES: India's longest rail-cum-road bridge
Bogibeel bridge in Assam's Dibrugarh district will become the longest bridge of its kind in India.
India's biggest airlines: IndiGo is No 1
Indian airlines flew over 4.5 per cent more passengers in the 11 months of this year compared to the same period last year, with IndiGo retaining its top position in market share.
Xolo launches 'world's fastest tablet' at Rs 17,999
Premium smart devices brand Xolo launched a 7-inch tablet for Rs 17,999, which it claims to be the world's fastest in the segment.
New Fiat Linea: Mind blowing looks, amazingly powerful
Fiat tries once more to sell its Linea T-Jet sedan in a new avatar. The author says the relaunched version is peppy, though tougher to handle.
Sensex zooms on RBI's new year wishes
Snapping its six-day losing streak both benchmarks rallied over 1% after RBI kept key policy rates unchanged.
The ups and downs of India's retail story
In a year marked by economic downturn, the estimated $500 billion retail sector in India saw growth slowing down to 10-11 per cent from high double digits growth earlier.
Infy on the mend but revenue volatility to continue in FY14
Deal wins, though better than a year ago, are nowhere near competitors'
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| December 17, 2013 | | Inflation effect: RBI likely to raise repo rate by 0.25%
Consumer price inflation touched a nine-month high of 11.24 per cent last month.
First impression: Nokia Lumia 1520
This is the first Windows Phone 8 device with a full high-definition 1,080-pixel display.
Can Anil Agarwal tide over the crisis in India?
From raw material shortage to environmental activists and high debt, Vedanta Resources is up against a lot.
India to retain gold import curbs despite easing trade gap
The government is worried the trade gap could worsen again and the currency could weaken as the US Federal Reserve looks set to start tapering its economic stimulus soon.
Best of 2013: Top 10 tech gifts of the year
Let's take a look at 10 best tech gadgets to gift this year.
'In 2014, markets will be as volatile as in 2013'
Bhavtosh Vajpayee, managing director and head of the Indian equities business at Barclays, the London-headquartered multinational banking and financial services company, tells Business Standard it is still too early to predict an economic recovery.
What 'PM Modi' should do to save India's economy
A hurried reform agenda will be either too squeamish or too ambitious and impractical.
Which political party will be the best for Indian economy?
The disconnect with the AAP is that its economic agenda sounds suspiciously like Indira Gandhi's of the early 1970s: more subsidies, higher taxes, regulation of private school fees, free water, et al.
Lenovo K900: Sleek, stylish and has a fantastic 13MP camera
The device comes with a 5.5-inch IPS full-HD screen, 2GHz dual-core Intel Atom processor and 2GB RAM.
How to curb the demand for gold
Financial substitutes for gold are key to addressing the pressure from large imports.
India's 20 biggest wealth creators, TCS is No 1
Tata Consultancy Services (TCS) has emerged as the biggest wealth creator over the past five years.
Best petrol cars in India
Petrol engines development has progressed well over the years and many of the current cars in India give a good mileage though they have to yet catch up with the fuel efficiency of diesel cars. Here we look most fuel-efficient petrol cars.
Sensex ends down 47 points on rate hike fear
Gains in IT shares and Bharti Airtel helped offset losses in HDFC Group shares.
Take a peek inside Google's secretive data centres
Google Inc opened two data centres in Asia to cater to the world's fastest growing consumer technology markets.
Indians are most optimistic about growth: Survey
Further, the survey found that 60 per cent of the Indians felt under lot of pressure to be successful and make money while 58 per cent were most likely to measure their
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| December 13, 2013 | | 5 cars that India loves the most
Five cars have stood the test of the time in India. They have continued to sell despite world's biggest automakers trying to beat them over years by introducing one exciting cars after the other.
India Inc braces for third rate hike by Rajan on Dec 18
Banks depend on the repo window for their liquidity requirements and since borrowings under repo are capped, banks have to go to the MSF for additional fund requirements.
Why 2014 will be a fascinating year for the Indian economy
The building blocks of a sustainable and significant market rise are in place.
15 countries that have least economic suffering
Let's take a look at some nations where people are least suffering.
Telecom dreams bring Ambani close to rivals
Six months after an infrastructure deal with brother Anil Ambani, Mukesh Ambani has now joined hands with Sunil Mittal.
Are Indians most pessimistic about future? Find out...
Let's take a look at some nations where people are suffering most.
Best of 2013: Most successful, unsuccessful CEOs in the world
Let's take a look at some of the best and worst chief executive officers in the world.
Ratan Tata receives Dwight D Eisenhower Leadership Award
I really did what my great grandfather said we should - mainly to give back to the community whatever we had in terms of prosperity, says Ratan Tata in New York.
Jeep Wrangler: Goes where no other SUV can
The Jeep Wrangler is a vehicle which can go anywhere without blinking an eye-lid.
Street bets on small and mid-cap consumer stocks
Promotional activity had seen some reversal in October, but it back in a big way across categories, especially in shampoos, soaps, skin care and detergents.
How Micromax aims to go global
Among all types of phones, Micromax ranks third in India after Nokia and Samsung Electronics.
A triple whammy for the Indian economy?
The last couple of days have produced data that potentially cause a dent in the otherwise growing confidence about the Indian economy stabilising.
10 hottest muscle cars in the world
Let's take a look at some of the best muscle cars in the world.
15 BEST buildings of 2013
Upcoming Bollywood Museum in Mumbai is among the projects that have won awards for best architecture in 2013.
Rate hike fear spooks market; key indices down 1%
Banks and Capital Goods scrips among the top losers in noon deals.
High-end restaurants eye a fortune from India's rich
The branch of New York's venerable Le Cirque, at the Leela Mumbai hotel, is the latest in a wave of overseas-based high-end eateries to enter India.
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| December 12, 2013 | | Industrial production contracts by 1.8% in Oct
IIP's contraction deals a severe blow to the Indian economy.
BSE: Top losers and gainers
The 30-share BSE Sensex ended almost 246 lower at 20,926 levels down 1.16% from its previous close while the broader 50-share Nifty index of the National Stock Exchange scrapped 71 points to close at 6,237 levels.
Microsoft lucky to avoid Nokia's India tax bill
Microsoft is lucky to dodge Nokia's tax bill in India. On Dec. 12, the Delhi High Court allowed the Finnish group to transfer its Chennai factory to the U.S. software giant as part of its planned $7.4 billion sale of its mobile handset business.
Sensex to touch 24,000 by 2014 end
The poll predicts a better performance than this year's 9 per cent increase but far more modest than the 25 per cent surge in 2012 when foreign investors bought a massive $24.4 billion worth of Indian stocks.
When Ratan Tata felt confused and humiliated
Tata recalled his first weeks on the Harvard campus as he attended a dedication ceremony of Tata Hall at Harvard Business School in Boston earlier this week.
Best of 2013: 15 gadgets that won the hearts this year
Let's take a look at some of the best gadgets of 2013.
Huge perks world's top CEOs got
Let's take a look at some big perks CEOs got.
'Fare hike must for Mumbai Metro to make money'
The Rs 4,300-crore (Rs 43-billion) project -- marred by missed deadlines and cost overruns -- has finally started full scale test run last week between Ghatkopar and Versova and will open to public by mid-January.
India lost $84.93 billion to fraud, corruption
Developing countries lost nearly $1 trillion to fraud, corruption and shady business transactions in 2011, vastly outpacing the foreign aid they received and the pace of dirty money leaving emerging nations is accelerating, a new report found.
Of onion cheer and tomato tears
While onion prices in the wholesale markets of Mumbai declined 48.6 per cent, the steepest among the four metros, compared to October, prices fell only 27.3 per cent in Mumbai's retail markets.
Will the New Year bring cheer to the economy?
The US economy will once again demonstrate its resilience and flexibility and grow around three per cent despite extremely fractious domestic politics over fiscal and other policies.
Markets crack ahead of key economic data; US taper fears weigh
Tata Motors, ONGC, Coal India ICICI Bank and Bajaj Auto were the top losers while Tata Power, HDFC, Gail India and NTPC were the top heavyweight gainers today.
RBI, govt vow to tackle inflation after poll losses
Tackling inflation will be a priority, the finance minister and RBI governor said on Wednesday, after high prices contributed to painful losses for the ruling Congress Party in state elections.
Property prices rise in Mumbai, Delhi
Property prices in Mumbai and Delhi NCR, among India's top realty markets, marginally rose in the third quarter of 2013 mainly due to lack of new launches and cautious sentiment in the sector, a survey said.
Get ready to fork out more for the new Nano
Recently, another version of the Nano, one with a compressed-natural-gas engine, was launched.
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| December 11, 2013 | | BJP favours abolition of income, sales, excise tax
The Bharatiya Janata Party (BJP) favoured abolition of income, sales and excise tax and the party may include it in its vision document to be unveiled ahead of General elections
BSE: Top losers and gainers
The 30-share Sensex ended down 84 points at 21,171 and the 50-share Nifty closed 25 points lower at 6,308.
20 most expensive cities in Asia for expats
Let's take a look at some of the most expensive cities for foreign workforce.
RBI pegs India's growth in 2013-14 at 5%
The central bank also asserted that the country is ready for the tapering of the US Federal Reserve's bond purchases.
Kiran Mazumdar-Shaw's mission: To make Bangalore a global city
Beyond her avatar as the head of a multi-crore biotech company, Kiran Mazumdar-Shaw is a powerful voice of change for the city she lives in.
What HDFC Bank must learn from McDonald's
McDonald's asks the consumer whether he wants a hamburger with cheese, with tomato or without tomato. We will also have to deliver products as and when and how the customer wants.
RBI Governor asks political parties to pass key economic bills
Rajan spoke at the Delhi Economic Conclave 2013 on 'The Agenda for the Next Five Years' in New Delhi.
The gaping holes in India's Internet growth story
By June 2014, India's Internet user numbers will be staggering - ahead of the US and only a little behind China - but there are gaping holes in this growth story.
Best of 2013: 10 best digital cameras launched this year
Let's take a look at some of the best digital cameras launched this year.
The 15 greatest business rivalries of all time
The fiercest corporate battles in India probably have been fought by the Ambanis. Dhirubhai Ambani, the founder of Reliance Industries, first locked horns with Bombay Dyeing's Nusli Wadia over polyester. Then, there was a corporate battle with Larsen & Toubro.
No compromise on fiscal prudence, says Chidambaram
The comments come a day after Fitch Ratings had warned the setback for the Congress party in recent state elections could imperil the fiscal deficit target by tempting the government to have less restraint on spending.
How India can reform its public sector banks
They face two key challenges - manpower and capital. Sadly, these are not on the agenda for reform
Why Modi can no longer remain silent on India's economy
Barring the much vaunted "Gujarat model of development" - which is really more about administrative efficiency in the delivery of services than any particular economic philosophy - Mr Modi has done little to make his views known.
Markets slip ahead of November CPI
Markets ended lower as investors turned cautious ahead of the November consumer price inflation data due tomorrow.
GM to get its first woman CEO, Mary Barra
General Motors Co said on Tuesday Chief Executive Officer Dan Akerson will step down next month and be replaced by global product development chief Mary Barra, who will become the first woman to lead a global automaker.
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| December 10, 2013 | | BSE: Top losers and gainers
The 30-share Sensex ended down 71 points at 21,255 and the 50-share Nifty ended down 31 points at 6,333.
Ford Mustang: The big daddy of muscle cars just got better
Mustang has been an iconic car for the auto enthusiasts as it has been ruling hearts for 50 successful years.
Defeat of Congress may lead to higher fiscal deficit: Fitch
An evident anti-incumbency trend against the Congress could mean an increasing likelihood of political pressure to limit expenditure cut-backs, it said.
Runaway house price boom seen slowing to a jog
Home sales in India slowed this year and unsold inventory with builders has increased as economic growth in the broader economy has decelerated quickly to half the 10 per cent rate it was running at before 2008.
Is Asus Fonepad 7 tablet worth buying?
Voice calling tablets seem to be the new rage in the growing smartphone/tablet market in India.
How poll verdicts raise uncertainty for FDI in retail
Congress-ruled Rajasthan and Delhi had said yes; 3 states which had okayed FDI have Assembly polls next year.
'Markets are unprepared for Lok Sabha elections'
Interview with Vice-Chairman and Joint Managing Director, First Global
What makes NRIs so successful
Many of my NRI friends agree that America's Immigration & Naturalisation Service, because of its immigration criteria, has created a highly selective and narrow population of NRIs in terms of capability .
Cloud over economy to remain, say experts
There would be uncertainty on the economic front till a new government comes in at the Centre after the 2014 general elections, experts said.
Lodha group's amazing success story amid the gloom
The real estate developer may have deferred its IPO and realty may be in the dumps, but that hasn't stopped it from making acquisitions worth Rs 12,000 crore.
Buy travel policies with wide coverage
Just having a basic cover that provides medical insurance can hurt
Markets end lower amid consolidation, NTPC down 11%
Markets consolidated in late trades to end lower as investors booked profits after the benchmark indices ended at their all-time closing highs yesterday.
Markets to ride on improving sentiment
Expected pick-up in earnings growth from H2 and reasonable valuations point to a high potential for gains in cyclicals.
14 Nifty stocks surge over 100% since 2008
The biggest gainer, Lupin, saw its market value appreciate nearly seven-fold.
A new bull is born but has to stay in incubator for now
In his present avatar, Kejriwal seems bad news for the Street.
Marketing mantra: Know the story of 'two Indias'
Forget urban vs rural, marketers need to start thinking about North and South.
Best of 2013: 10 amazing smartphones launched this year
Let's take a look at some of the best smartphones launched this year.
BIGGEST loan defaulters in India
All India Bank Employees' Association (AIBEA) has announced a list of top 50 loan defaulters, mainly the corporate firms, whose total default amount to the banks is allegedly to be around Rs 40,528 crore.
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| December 09, 2013 | | BSE: Top gainers and losers
The 30-share Bombay Stock Exchange BSE Sensex closed almost 330 points higher at 21,326 levels after hitting an all-time intra-day high of 21,484 during the day and the 50-share Nifty closed at its all-time high of 6,363.90, up almost 100 points.
Rajan blames domestic factors for India's economic woes
The current account deficit, which is the difference between inflow and outflow of foreign exchange, rose to a record high of 4.8 per cent of GDP in 2012-13, from
India's fiscal deficit not to come down soon
Finance Minister P Chidambaram has been repeatedly stressing he will meet the fiscal deficit target of 4.8 per cent of the gross domestic product in this fiscal, but HSBC said the spending-revenue gap may overshoot to 5.1 per cent.
I am not minister for Air India: Ajit Singh
Civil Aviation Minister Ajit Singh tells Kavita Chowdhury that he is focused on passenger comfort and not on favouring private airlines, as many have alleged.
'Rupee at its current value is well corrected'
A record current account deficit on back of high gold imports too was pressuring the rupee value.
Why Tamil Nadu is one of the best states for doing business
Despite small hiccups, Tamil Nadu is a state with an urban outlook on life and where laws still work.
Can NGOs make govt's employment scheme a success?
The rural development ministry has asked NGO's to run the Mahatma Gandhi National Rural Employment Guarantee Scheme in in Naxal-hit areas.
India's self-created fiscal cliff
A closer look at deficit and accumulated debt suggests that, contrary to claims, the fiscal deficit is not under control.
High-end bikes and electric cars made in India for China
Harley Davidson, KTM-Bajaj, M&M make India production base for automobiles to be assembled and sold in China.
How India brought down the current account deficit
While euphoria over the Iran deal has waned sharply, the current account deficit has gone into remission due to a collapse in gold demand.
Best of 2013: 10 most expensive supercars of the year
Let's take a look at some of the most expensive supercars of 2013.
Bitcoin: Can it really make you a millionaire?
While Bitcoin is giving sleepless nights to the regulators, it is only going to get bigger in India where the interest for the currency is on a rise.
'We aim to provide luxury housing at affordable prices'
"Our objective of venturing into different sections of housing is to provide luxury at affordable prices and ensure quality living for all," says Ram Raheja, director and head, Architecture & Design, S Raheja Realty.
The flaws in India's growth model
The ongoing economic travails in India arise from a combination of severe macroeconomic difficulties and a sharp deceleration in the trend rate of economic growth.
Kingfisher on ground, banks' money up in the air
The 14 banks, led by State Bank of India, which lent Rs 6,500 crore (Rs 65 billion) to the airline, are now involved in litigation over the money, as Mallya has sued them in multiple courts.
Rupee could fall steadily in next four months
If the market starts getting nervous about the political risk factor, currency depreciation could be a lot more severe and movement's jerky.
Market chants 'NaMo'; Sensex closes 330 points higher
Bechmarks rallied after BJP won the so called semi finals and investors now anticipate a Narendra Modi-led NDA government coming to power at the centre in 2014.
Keep cash in hand ahead of elections, Budget
These events can change your financial planning due to unexpected policy changes
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| December 06, 2013 | | Major victory at WTO, no threat to food security plan: Sharma
The first global trade reform since the creation of the World Trade Organization is ready for agreement by ministers from the body's 159 member countries later on Friday, sources involved in the talks said.
No reforms? PM blames lack of political consensus
Flagging "anxieties" of business leaders on issues like red tape, tax laws, regulation and
Uttam's Take: Anand Sharma's valiant fight in Bali
As Trade Minister Anand Sharma resists the WTO's attempts to nix India's food security initiative, Rediff.com's offers his perspective.
Business leaders pay tribute to Nelson Mandela
Business leaders world over reflected on the legacy of Nelson Mandela, who passed away on Friday.
25 companies earning highest net income per employee
Let's take a look at businesses that are earning highest net income per employee.
20 most generous countries
Let's take a look at 20 most generous nations.
Why you should check your insurance returns
Insurers tout 12-15 per cent of the sum assured as the annual rate of return in money-back policies. But, the actual numbers are much lower
Betting big: 10 casino companies set to roll in cash
Let's take a look at some casino companies that are projected to witness huge growth.
Top 5 'must have' apps for tablets
Here are some 'must have' applications if you happen to own an Android tablet.
How to retain the best women employees
In order to retain their brightest female employees, organisations need to create a more flexible and family-friendly workforce
Meet the Indian techies who sold their firm to Apple
In one clean sweep, the deal catapulted the co-founders of the US-based company into the league of successful Indian-American tech entrepreneurs, making yet another pair of new faces of India's software talent.
Mobile phones don't cause cancer, says WHO
India is not forthcoming in informing the people that mobile phones and towers pose no threat to health and they do not cause brain cancer, World Health Organization's Radiation and Environmental Health Unit's first coordinator Michael Repacholi said on Friday.
Do petrol cars beat diesel in the long term? Find out...
At one end the petrol motors have been criticised for consuming high fuel while on the other the diesel motors have also been condemned for being noisy and low powered.
Equity outlook: We are likely headed for a long-term bull cycle
While the macroeconomic parameters remain weak, we believe the worst is behind us. The markets remain largely driven by liquidity
Vikram Bakshi takes fight to Big Mac, says he's the boss
Bakshi said the attempt by McDonald's to terminate its agreement with him was illegal and not binding and would have no bearing on the shareholding pattern (the partners hold 50 per cent each), board composition (both sides have two nominees) or the working of the company.
Sensex ends below 21,000; Tata Power up 5.5%
Gains in ITC, NTPC, L&T and ONGC help the index edge higher in closing hour.
18 things that happen on the Internet every minute
Let's take a look at what happens on the Internet every minute of every single day.
Best of 2013: 10 tablets that users found irresistable
Let's take a look at some tablets that captured the imagination and wallets of users around the world.
World's best countries for business, India ranks at 98
India has been ranked 98th in the Forbes list of world's best countries for doing business that has cited poverty, corruption and discrimination against girls among the challenges facing the country.
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| December 05, 2013 | | BSE: Top gainers and losers
The 30-share BSE Sensex ended 249 points higher at 20,957 levels and the 50-share Nifty was up 80 points at 6,241.
Moody's warns of downgrade if growth drops
"India's gross domestic product growth to remain weak at 5.5 per cent in the fiscal year ending March 2015, as elections in mid-2014 will delay reforms needed to revive the economy," Moody's Investors Service said in a report.
Bottoms up! 15 best-selling whisky brands in India
Let's take a look at some of the best-selling whisky brands in India.
Why are India's road projects in limbo?
Govt not to award BOT projects to private firms this year
Google's mystery barge in San Francisco Bay under investigation
The agency that oversees development in the San Francisco Bay in California has begun a formal investigation into the construction of a secretive Google Inc barge on an island in the bay.
How the women's bank can be a success
The bank has been garnering interest from women far and wide, but it needs to mobilise savings from customers to be able to take off.
Is the worst over for the Indian economy?
Over the last few months, the Indian economy has been on nothing short of a roller-coaster ride.
Meet the world's wealthiest bachelors
With an estimated personal fortune of $15.3 billion, 60-year old Microsoft co-founder Paul Allen is the world's wealthiest bachelor, followed by 79-year old Italian fashion designer Giorgio Armani who has a net worth of $10.9 billion.
Private equity investors develop a taste for Hyderabadi biryani
PE investors' love affair with this food saw SAIF Partners last year investing Rs 40 crore (Rs 400 million) in TMA Hospitality Services, which owns Ammi's Biryani, a Bengaluru-based QSR chain.
Market gets 'saffron' rush; Sensex ends 250 points higher
Exit polls conducted in the assembly elections indicated that BJP could win 3 out of 5 states which are set to declare poll results on December 8.
Petrol cars make a comeback as diesel prices rise
The thumb rule, say experts, is that if the monthly running is less than 1,800 km, a petrol model would prove cheaper in the long run.
Best cars in India as rated by the owners
Let's take a look at top three cars across nine different segments as rated by the owners.
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| December 04, 2013 | | BSE: Top gainers and losers
The 30-share Sensex ended down 147 points at 20,709 and the 50-share Nifty ended down 41 points at 6,161.
15-year-old boy, mother buy cars for $ 1 each!
In a believe it or not sale, a 15-year-old boy and his mother in the US both secured amazing deals on 'Black Friday', a day of drastic discounts and rock-bottom prices in the US, buying cars for $1 each.
Entertainment battle moves to the web
The explosion in online video consumption is pushing TV and film companies to fine-tune their internet strategies.
Tech stocks take a breather but further upside expected
The rise in IT stocks began in May when rupee depreciation took effect.
Suzuki unveils stunning A-Star concept car
Powered by a 996cc engine, the transmission is a CVT unit that transfers power to the front wheels.
Car recalled? Get the problem fixed
Insurance claims will be partly or fully rejected if there are issues or accidents in the future.
25 countries that saw biggest change in real estate loans
Let's take a look at nations that saw biggest change in real estate loans.
Can India bounce back to a high growth phase?
The role of global factors in accelerating India's growth to unprecedented levels continues to be worryingly underappreciated.
Wal-Mart pays lawyer fees for dozens of execs in bribery probe
The US Department of Justice is investigating whether Wal-Mart paid bribes in Mexico to obtain permits to open new stores there, and whether executives covered up an internal inquiry into the payments.
12 biggest social-media sites in the world
Let's take a look at 12 biggest social-media sites in the world.
Downturn in services sector eases in Nov, hiring on ice
The improvement, coupled with the positive findings of Monday's survey on Indian manufacturing, augurs well for Asia's third-largest economy, which grew at a higher-than-expected 4.8 per cent annual rate in the three months through September.
Hidden jewels get a polish at Tata group
Four smaller firms in the infra & technology space on course to more than treble their revenue to Rs 24,000 crore in four years.
Iconic images capture the beauty of Aston Martin
Let's take a look at some of the models that have graced the roads.
In India, smugglers move gold like narcotics
Sri Lanka, Thailand and Singapore are the latest hotspots as authorities crack down on travellers from Dubai.
Can 'Modinomics' work wonders for India?
Investors need to ask some basic questions before betting in the markets on the Gujarat model's national success.
Hyderabad Metro among world's 8 most spectacular infra projects
Globally, governments are undertaking ambitious projects that will change the infrastructure of the respective regions.
Most corrupt countries in the world; India ranks at 94
The abuse of power, secret dealings and bribery continue to ravage societies around the world, warns Transparency International's Corruption Perceptions Index 2013.
Markets end lower on weak Asian cues
Investors booked profits in late trades ahead of the assembly election results due on Sunday.
'Delhi, Mumbai will be among world's 5 largest cities by 2030'
Delhi and Mumbai would be among five largest cities in the world by 2030, Union Urban
Why India is no longer a medical tourism hotspot
India, long seen as a centre for cost-effective treatment by people around the world, is losing its competitive edge in the medical tourism space.
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| December 03, 2013 | | Renault unveils the all new Duster; India launch in early 2014
Renault has added cruise control, speed limiter, rear park assist, and Electronic Stability Control as standard features.
Will the new immigration bill benefit Indians?
The White House made its position clear on the contentious H-1B provisions of Senate version of the immigration bill in a fact sheet prepared for the Asian American and Pacific Islander Community, which includes the influential Indian American community.
Inflation, polls to determine economic outlook for 2014
While Goldman Sachs says India will see a transition, HSBC feels structural imbalances will lead to cloudy outlook for markets.
New Mumbai airport terminal to open on January 15
The Mumbai airport's new integrated terminal will open on January 15. Air India's Newark-Mumbai flight will be the first to arrive at the new terminal.
At Dabhol, it's fight for survival all over again
Shutdown looms over the plant as severe gas shortages cripple production; company doesn't have money to pay the monthly debt instalment of Rs 108 crore.
High salaries at IITs don't mean job market is recovering
Offers of more than Rs 1 crore (Rs 10 million) a year have made a comeback after three years, and a larger number of recruiters are visiting the IITs this year.
Select commodities beat Sensex, Nifty in 2013
In Indian context, among top gainers on the spot National Commodity and Derivatives Exchange, is coriander that saw its price moving up nearly 38 per cent (year-to-date, or YTD).
India Inc rushes for cover against harassment suits
Legal fees in such cases can go up to Rs 5 crore.
Tehelka tarnishes the image of India's media industry
The alleged sexual assault of a junior colleague by one of India's best-known activist-editors brings out not just Mr Tejpal's infirmities but those of an entire industry.
Hawala premiums double as gold smuggling zooms
Around Diwali, the premiums had gone up to as much as 3.5 per cent.
Autos put markets in reverse gear
Markets snapped a three-day winning streak to end lower on Tuesday on profit taking.
Why there is hope for the Indian economy
The safe conclusion to draw from the second-quarter gross domestic product (GDP) numbers that were published last Friday is that the cycle has bottomed out and things are unlikely to get any worse.
How to trade in stocks during elections
Elections can have surprising outcomes, a normal stop-loss could be 'gapped' with the trader forced to cover an adverse position at well beyond his preferred levels.
Airbus 'plane of the future' will blow your mind
Airbus Concept Plane illustrates what future air transport could look like if improvements in aircraft materials, aerodynamics, cabins and engines continue apace.
10 most valued luxury brands in the world
Let's take a look at fashion houses that top in brand value.
25 busiest airports in the world
Let's take a look at some airports that are enjoying a boom in passenger traffic.
Banks cap overseas spend on cards to check frauds
Move aimed to reduce scope of frauds as electronic payment systems are becoming vulnerable to misuse.
Partial rollback of diesel dual pricing on cards
Move likely to be rolled back atleast for state transport undertakings
| | | |
| December 02, 2013 | | Is 5% growth for India elusive in FY14?
As per the report, the government's estimate of 5-5.5 per cent GDP growth will require an average growth of 5.4 per cent in the second half of this fiscal, which is a tall order now.
BSE: Top losers and gainers
The 30-share Sensex ended up 106 points at 20,898 and the 50-share Nifty ended up 42 points at 6,217.
The trouble with India's disinvestment story
What should have primarily served as an instrument for improving PSU management has over the years become a mere financial exercise to raise revenue to reduce the fiscal deficit.
Mercedes launches SLK 55 AMG priced at Rs 1.26 crore
The SLK 55 can accelerate from 0-100 kmph in a mere 4.6 seconds, and hit an electronically limited top-speed of 250 kmph.
Many reasons for silver to fall further
On speculative front as well, non-commercials have decreased bullish bets on COMEX silver futures and options to a three-month low.
BlackBerry slashes Q10 price, now available @ Rs 38,990
Handset maker BlackBerry on Monday slashed the price of its Q10 handset by over 13 per cent to Rs 38,990 under a special offer to boost sales of the BB10-powered device.
As bad loans mount, India gets tough on 'wilful' default
Two of the highest-profile recent cases of alleged wilful default involve Winsome Diamonds and Jewellery and Deccan Chronicle Holdings
How election results will impact markets
From here till the next government is installed, political equations will play an increasing role in driving perceptions about India.
Does real estate give spectacular returns?
What most real estate investors forget is that over long periods it is not the high returns but the power of compounding that is producing the huge sale price.
How will the Indian economy be post elections?
The key similarity between 1991 and 2014 is the criticality of decisive action.
Auto majors post mixed results
Maruti, Hyundai and General Motors posted negative results whereas Honda car sales zoomed in November.
Markets to trade with an upward bias
Indian economic growth hit a low of five per cent in the financial year ended March 31,2013 and further slowed in the first quarter of FY14.
Best hypercars in the world
Let's take a look at the best hypercars in the world, according to BBC's Top Gear.
Tech billionaires you can connect with on LinkedIn
To boost your professional network, you must try to connect with these people.
25 most innovative economies in the world
Let's take a look at most innovative nations.
8 most entertaining airports in the world
Some airports are working towards cheering you up by adding entertainment options ranging from casinos to even golf courses.
Market cheers green shoots of economic recovery
After contracting for 3 consecutive months, manufacturing activity saw an uptick in November, latest data from the HSBC Purchasing Managers' Index shows.
Why guards at ATMs aren't enough
Experts say RBI's norm on deploying a guard is loosely worded and it is discretionary for banks to have all ATMs manned.
Review: Why iPhone 5s is the BEST phone from Apple
The battery lasts for more than a day with heavy calling, email, browsing, moderate gaming and an hour of listening to music.
Facebook in talks for its first acquisition in India
Being facilitated by iSpirt, deal likely to be announced in weeks
| | | |
| November 29, 2013 | | 'Buy an airline for billions and become a millionaire!'
This was a joke narrated by Civil Aviation Minister Ajit Singh when he reiterated his 'personal' view on privatising Air India.
Sahara to move SC before submitting fresh title deeds
Sahara India was required to submit the title deeds of Rs 20,000 crore (Rs 200 billion) to the marker regulator as per direction of the Supreme Court.
India's GDP grows better-than-expected 4.8% in Sep quarter
India's gross domestic product grew by 4.8 per cent in July-September quarter of 2013-14 as against 5.2 per cent in same period of previous
What went wrong with the Tata Nano
The Tata group may consider launching its small car Nano in a new avatar in another
We have prepared a better pitch for high growth: Chidambaram
The minister expressed confidence that India will get back to high growth path soon.
Why India needs to focus on reforms
India's monetary policy continues to remain hawkish as RBI Governor Raghuram Rajan fights a lone battle to get the economy back on track while the government 'fails to walk the talk.
Japan's superfast trains will be able to touch 500km/hour
Japan will start building the world's first long-distance magnetic levitation railway that can hit a top speed of over 500 km an hour.
Current Account Deficit to come down below 3%: C Rangarajan
He exuded confidence that the Indian economy will grow at 5.3 per cent in 2013-14.
Gold scarce, wedding buyers recycle jewellery
Along the narrow lanes of Mumbai's historic Zaveri jewellery bazaar, many shops display placards saying 'we buy old gold jewellery', tempting buyers who face a $125 an ounce premium over London prices as the government cracks down on surging imports.
Why India failed to become an economic giant
Investment in human capital is likely to fail to translate into effective growth if incentives for entrepreneurs are missing.
Countries that have the best workforce; India ranks 83
With an acute shortage of skilled workforce, India has been ranked 83rd globally in terms of talent competitiveness of its human capital.
In Gandhis' bastion, India's rural poor eye Modi's promise
Opposition leader Narendra Modi's message of growth and investment is gaining ground.
Why the Iran nuclear deal is an economic breather
Recently, Iran and western powers signed a deal in which it was agreed the West Asian nation would scale down its nuclear programme in exchange for a cut in economic sanctions.
Will December see a Santa Claus rally?
December is packed with key economic and political events, both at the domestic and the global level, which will decide how foreign institutional investors (FIIs) fine tune their investment strategies
Lodha in mega realty deal in London
The other bidders included some West Asian and Russian hotel chains.
Tata Motors-JLR explore joint products
The company is evaluating 'possible areas' of cooperation with Jaguar Land Rover, with the engineering teams at the UK plant as well as at the India centre working in synchronisation.
One out of three young graduates UNEMPLOYED in India
In what would surely come as intriguing information for policy-makers, a Labour Ministry survey has found that with an increase in education levels in the country, the unemployment rate was also increasing across age groups.
What a waste! Fruits, veggies worth crores rot in India
India wastes about Rs 13,300 crore worth fruits and vegetables per year due to lack of adequate cold storage facilities, according to a report by US-based technology firm Emerson.
Good Q2 GDP hopes fuel 257-point Sensex rally
ITC, L&T and banks like ICICI Bank, SBI and HDFC Bank aid the upmove.
TCS on Cognizant's heels in N America
The report said the gap in revenue growth between Cognizant and TCS had reached to its lowest of four percentage points in the four-quarter period ended September, 'despite TCS's larger revenue base'.
PREVIEW: India's economy probably recovered slightly in Q2
If the forecast materialises, it would mean the fourth successive quarter of economic growth below 5 per cent.
Tata Motors enters the club of top10 most valuable companies
With a m-cap of Rs 1,28,100 crore, Tata Motors now features at ninth rank in the list and replaces HDFC in this prestigious club.
5 reasons corporates are exiting the new bank licence race
Applicants have also in the past expressed fear about higher capital requirements, stringent priority sector lending norms and rules on promoter shareholding as key deterrents.
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| November 28, 2013 | | Wipro faces legal action for 'not paying' property tax
Wipro said it is 'exploring all legal options at its disposal to seek redressal' against any such move by the authorities.
BSE: Top gainers and losers
The 30-share Sensex ended almost 115 points higher at 20,535 levels and the 50-share Nifty was up almost 35 points at 6,092 levels.
25 economic trends that will transform the world
Let's take a look at some of these changes and how they will impact the globe.
How to make India's public sector banks successful
Since public sector banks are unlikely to be privatised soon, the aim has to be to make as many of them perform as is possible.
IMAGES: Stunning cars you would love to drive!
The 2013 Los Angeles Auto Show features more than 1,000 models of imported and domestic cars, fuel/electric vehicles and stunning concept cars.
Rural India shows signs of economic revival but outlook glum
Best monsoon in six years has spurred rural growth but urban scenario grim.
Not happy with salary? Try these countries...
Let's take a look at some nations where salaries are projected to soar.
Should you opt for the new retirement funds?
Between the new schemes and existing pension funds from mutual fund houses, the latter seems like a better option for conservative investors
Polls bring policy-related stocks back in focus
These stocks have rallied up to 25% on the E in the past month, against the Sensex's 1% gain.
Correction offers good value in pharma stocks
Sun, Lupin, Cipla have fallen 9-15% but fundamental prospects remain unchanged as analysts expect 15-25% earnings growth
Sensex ends up 115 points amid a volatile session
Mid-caps and small-caps indices of the E ended 0.8-0.9% higher, outperforming the benchmark Sensex and Nifty.
Where did Tarun Tejpal get all the money from?
The alleged sexual assault by Tehelka Editor-in-chief Tarun Tejpal on a young journalist, who has now resigned from the magazine, has brought the well-known journalist's business under the scanner.
Railways' pride: World's 10 fastest trains
China is the world leader when it comes to operating fastest trains.
After Goldman Sachs, Nomura now sees Modi wave
Yet another foreign brokerage has said that it expects Narendra Modi-led BJP to come to power after the Lok Sabha elections.
| | | |
| November 27, 2013 | | Why Mamata couldn't produce 10 lakh jobs in Bengal
Promising to promote the ailing jute industry in the state, the chief minister said, "If the Centre does not make use of jute bags mandatory for packaging, the state will do it."
Is your car safe? Maruti to recall select cars including Swift
The company said it will inspect the steering column for 1,492 vehicles -- Ertiga: 306 units, Swift: 592 units, Dzire: 581 units and A-Star: 13 units manufactured between October 19, 2013 and 26th October 2013.
Major trade deal fails; UPA's election tactics blamed
Specific difficulties and last-minute backtracking now can only be overcome by trade ministers at a biennial meeting on Dec 3-6.
Are special perks for VIPs in India justified?
The race for VIP perks has pernicious consequences and is undermining the elite's authority.
The top 5 ugliest billionaire websites
There are billionaires who have all the money at their disposal but have websites that are outdated, amateurish, or simply jarring.
Chidambaram takes on Modi, says rupee value fell under NDA
Referring to Modi's reported remarks that then Prime Minister Atal Bihari Vajpayee did not let the value of the rupee fall, he said the exchange of the rupee was 39.49 to a
How economic crisis doubled Indians' sufferings in recent years
Increase in sufferings in India has also resulted in an increase in sufferings in South Asia, the latest report from the American opinion poll agency said.
Crisis: No buyers for Mumbai's residential properties
About 130,000 of the city's 290,00 under-construction residential properties (45 per cent) are lying unsold due to weak demand and high prices, shows a report released by global property consultant Knight Frank.
Dealing with government, a big hurdle for India Inc
Reforms may have removed many controls on industry, but the need to deal with the government or its civil servants has not declined.
AAI has a team plan to cut through fog
ATC data show on an average airport capacity falls 40 per cent because of higher runway occupation time during the dense fog period.
Why Daiichi is taking Malvinder Singh to court
The Japanese company alleges the earlier Ranbaxy promoters withheld crucial information when they sold the company in 2008.
World's 10 most expensive residential areas
At Hong Kong's Pollock's Path, houses are quoted at Rs 75.4 lakh one square metre.
Apple beats Google to become world's most valuable brand
"The Apple brand is worth nearly twice as much as any other brand on the planet," states Forbes.
Market falls flat: F&O rollovers ahead
Market remained volatile this week as traders roll over positions in the futures & options (F&O) segment from the near month November to December and July-September GDP data on Friday.
Private e-mail IDs expose govt offices to snoop threat
The documents leaked by former National Security Agency contractor Edward Snowden had also indicated that India was fifth among the countries that were under constant surveillance -- its nuclear, space and political discussions possibly being spied on.
How Infosys plans to cut employee costs
Infosys chief N.R. Narayana Murthy has said the company is looking at reducing the number of top officials and subcontractors at onsite locations in a bid to reduce operational costs, according to Barclays.
| | | |
| November 26, 2013 | | BSE: Top losers and gainers
Market will remain volatile this week as traders roll over positions in the futures & options (F&O) segment from the near month November to December and July-September GDP data on Friday.
India's corporate tax rates among highest globally
Tax rates for companies in India are among the highest in the world and the number of payments is also more than the global average, putting the country at a low 158th rank on the 'Paying Taxes 2014' list.
A whopping Rs 3,000-cr black money recovered in 2013
The bureau has received as many as 843 inputs from various law enforcement and intelligence agencies.
Countries that will see biggest decline in debt
Let's take a look at some nations that are projected to see biggest drop in debt relative to gross domestic product.
How many Indians have Internet connection? Find out...
Let's take a look at Internet penetration around the world, including India.
The stunning Falcon 2000S business jet in India soon
Dassault has delivered 10 Falcon 2000S business jets since aircraft deliveries started in April.
Samsung launches more powerful Grand 2; bigger display
The phone sports a bigger screen compared to its predecessor, has better screen resolution, and a quad core processor.
Lessons to be learnt from the Campa Cola crisis
An errant builder doesn't lose anything but the property buyer could lose everything.
What makes Gurgaon Rapid Metro so UNIQUE
The country's first privately-funded metro project, if successful, could spark a new trend in urban transport.
For car makers, need for speed beats slowdown fears
From SUVs and MPVs to entry-level hatchbacks, top firms line up a bevy of products for display at February's Auto Expo, the biggest so far.
Sensex slumps 180 points on profit booking; banks drag
The main losers on the Sensex were Bharti Airtel, ICICI Bank, Coal India, ITC, HDFC and GAIL.
| | | |
| November 25, 2013 | | Finally, Honda unveils the all-new City!
The car has received changes in almost every department be it the exterior, interior, features, engine options or dimensions, which make it an even more desirable product now.
Jailed TMC MP: 'I will spill the beans and put up a brave fight'
'I am being framed to protect the TMC's vested interests... No one can silence me by putting me behind bars,' suspended Trinamool Congress member of Parliament Kunal Ghosh tells Rediff.com's Indrani Roy in an exclusive interview.
Virtual tour: India's largest casino to open in 2014
India's largest integrated casino resort in Daman, spread over 10 acres with 60,000 square feet gaming space, is likely to become operational from early next year.
India among countries that attracted biggest inflow of FDI
Let's take a look at nations that saw biggest inflow of foreign direct investment.
Is India the most globalised economy in the world?
Let's take a look at some of the most globalised economies in the world.
Should you buy the Google Chromebook?
Google's Chromebook is finally in India.
Tata Motors launches CNG variants of Indica, Indigo eCS
Tata Indigo eCS emax delivers a mileage of 24.6 km/kg and Indica gives 23.7 km/kg.
How friendly is Indian government to businesses? Find out...
Let's take a look at how business-friendly some governments are.
Your wait for that big I-T refund just got longer
If you are expecting a huge income-tax (I-T) refund, you may have to wait a bit longer than you earlier thought.
Is India Inc geared up to deal with sexual harassment cases?
The Delhi rape-murder incident brought stricter provisions in Indian Penal Code, recognising sexual harassment as a criminal offence.
Smartphones will be smarter than YOU by 2017
Smartphones will soon be able to predict a consumer's next move, their next purchase or interpret actions based on what it knows, according to information technology research and advisory company Gartner Inc.
Why gold price may touch Rs 32,100 soon
The shift towards a hawkish stand by the US Federal Reserve has kept gold prices on the edge.
Sensex surges on Iran deal, ends up 388 points
Markets surged on Monday snapping a three-day losing streak on hopes that Iran deal would help India lower its CAD and contain inflation
India beats China as the most attractive investment destination
With relaxation in FDI norms to boost investor sentiments, India has emerged as the most attractive investment destination surpassing neighbouring China and the US, says a report.
Investor wealth SLUMPS by Rs 3.45 lakh cr despite Sensex rise
Investor wealth has eroded by over Rs 3.45 lakh crore to Rs 66.39 lakh crore so far this year, even though the stock market benchmark index, Sensex, has made gains during this period.
CLSA, Credit Suisse see rosy future for Indian markets
Two leading foreign brokerages have projected a bright outlook for Indian equity markets amid heightened prospects of significant gains in the run-up to the general elections early next year.
7 Indian-origin persons among world's top management gurus
These people are changing the way business is done globally, setting course for future of commerce.
Global tax test: India fully compliant, Cyprus fails
A worldwide crackdown on illicit funds has left just four jurisdictions -- Cyprus, Luxembourg, Seychelles and British Virgin Islands -- non-compliant with global tax laws, while India has emerged as 'fully compliant'.
Rupee fall pushes Tata group out of $100-bn club
Salt-to-software conglomerate Tata group's combined turnover has slipped below $100-billion mark due to a fall in rupee, despite an over ten per cent growth in total revenue when measured in Indian currency.
| | | |
| November 23, 2013 | | Kolkata, Chennai sees highest rise in property prices; Delhi lags
Residential property prices in 12 cities, including Mumbai, Hyderabad and Chennai, rose during July-September quarter, as compared to a year ago, according to the National Housing Bank (NHB) Residex.
HTC launches the costliest Android phone; costs Rs 61,490
The phone comes with stylus, insurance for theft, liquid damage and option to be purchased in monthly instalments.
Why businessmen WANT Narendra Modi to come to POWER
There is a wide chasm that separates business and the UPA government. This has driven business straight into the arms of Narendra Modi.
| | | |
| November 22, 2013 | | BSE: Top losers and gainers
The 30-share Sensex closed at 20,217 down almost 12 points or 0.06% and the 50-share Nifty index closed almost 4 points lower at 5,995 levels.
Once again, Nilekani justifies Aadhar!
Nandan Nilekani said Aadhaar card can help in creating national portable health record system.
Starbucks taking Indian Coffee to its outlets across globe
Tata Starbucks, the 50/50 joint venture between Starbucks Coffee Company and Tata Global Beverages Ltd, opened its 30th store in the market -- at Koramangala in Bengaluru, adding Bengaluru to its list of cities, which includes Mumbai, Delhi
Why SBI's profit dips when a new CEO is appointed
As the outgoing chief prefers to leave on a high note, it is left for the newcomer to clean up the mess.
Why investors are unhappy with leadership at Apple, Microsoft
Stakeholders are getting impatient with CEOs who are steady and stable. They want the leaders to take fast decisions and deliver quickly.
The BEST diesel cars to buy in India
And India is a mileage crazy nation. Good fuel efficiency can make or break the deal.
Ambitious Sahara bought trophy assets around the world
The Sahara group's expansion into many areas of the services industry - retail, real estate and hospitality - reflects its huge ambitions.
How the glitzy Sahara Parivar slipped into deep crisis
To continue fighting and growing, it has to first deposit cash of Rs 20,000 crore or title deeds of properties of similar worth in the next few days.
Why you shouldn't invest lump sum before elections
With just six months to go for the general elections, market participants are waiting with bated breath for this major event to get over.
US jury awards Apple $290 million in retrial vs Samsung
A US jury awarded Apple Inc about $290 million in damages in a retrial against Samsung Electronics Co Ltd, restoring a large chunk of a historic verdict the iPhone maker won last year.
Moily's diesel maths doesn't add up
Assurance of full decontrol in 6 months would need far heavier doses of phased rises, which isn't being contemplated.
Sensex ends flat as investors turn cautious
According to provisional data, foreign institutional investors (FIIs) turned net sellers of Indian shares worth Rs 59.80 crore on Thursday, 21 November 2013, breaking a 32-day buying spree.
Indians among top informers in US
Gave more information on wrongdoing than France, Germany and Japan
Gold business expected to pick up from January 2014
Gold jewellery business is expected to pick up from January 2014 as agriculture sector is doing well, an industry official said on Thursday.
2 Indian-Americans among Fortune's top 50 people in business
MasterCard's India-born CEO Ajay Banga and the co-CEO of Workday Aneel Bhusri are among the 50 top business leaders in the list.
Duronto trains lose charm, to run as regular superfast express
The non-stop feature of Duronto trains appears to be losing sheen on some routes as there is a poor response from travellers, prompting railways to convert five such trains into regular superfast express.
No Modi bias, Goldman bullish on India's growth
After the rap over endorsement of Narendra Modi earlier this month by its equity markets arm, Goldman Sachs on Thursday refused to attribute anything political to its optimism on the country's growth prospects next fiscal, saying it does not form or hold political opinions on the topic.
| | | |
| November 21, 2013 | | Market slump: Investors become poorer by over Rs 1 lakh crore
Wednesday's release of the minutes of Fed's October meet spooked global markets as it signalled tapering of the $85 billion monthly bond buying could happen 'in coming months' if the economy improves as anticipated.
India will be devastated if it ignores environmental concerns
By 2050, India will be a devastated country if the deafness to environmental and resource concerns persists.
SC prevents Subrata Roy from leaving India
The apex court also restrained Sahara group from selling any of its property to anybody.
The unique story of India's luxury market
The real talent for purveyors of luxury goods and services will lie in training Indians to serve them.
Honda Vezel: The gorgeous SUV to debut in India
It will compete with the Renault Duster and Nissan Terrano and is expected to be priced between Rs 9-12 lakh.
Apple's amazing 'spaceship campus' gets approval
Apple has reportedly got the final nod from the city council for building its latest 'spaceship campus'.
How research will change after this year's Nobel Prize
The Prize highlights that that if researchers from different fields work together, the quality of results is better and more definite.
10 companies sitting on orders worth billions of dollars
Let's take a look at some companies that are sitting on orders worth billions of dollars.
India a safe investment destination: FM to Indian diaspora
Chidambaram said at the opening of South Asian Diaspora Convention, 2013, which was attended by over 1000 delegates.
Who will be the next Microsoft CEO?
Chairman Bill Gates said on Tuesday he was pleased with Microsoft Corp's progress in finding a new chief executive but outlined the difficulties in picking the next leader of the world's largest software company as it seeks to reinvent itself as a mobile computing power.
RBI's new norm to affect growth of MNC banks like Citi, HSBC
Subsidiary route may not give branch expansion freedom to many foreign banks.
Why World Bank thinks India will have a good Q3
Last week, Chidambaram had exuded confidence that the economy will pick up in the second half and record a growth of 5-5.5 per cent in 2013-14.
For Intel, Hollywood dreams prove a leap too far
The drastic change in plans for the retail spaces follows the company's abrupt abandonment of a grand plan to become an entertainment hub in living rooms around the world - a retreat that has been rumored but not yet acknowledged by the company.
Kolkata's iconic Great Eastern Hotel sold for Rs 52 crore only: The inside story
While the divestment attracted many names initially, on the final day, only The Lalit Suri group submitted a price bid.
Seven Indian drinks among world's best-selling alcohol brands
Let's take a look at some of the best-selling spirits in the world.
Nokia shareholders approve sale of mobile business to Microsoft
The sale is expected to close in the first quarter of next year after regulatory clearances.
Market heads south, Sensex loses 340 points
Key benchmark indices continue to head south weighed down by financials, capital goods and IT shares.
Why you must include PPF, tax-free bonds in portfolio
The season of tax-free bonds is on.
Google's Nexus 5 phone makes Indian debut; sold out within hrs
Internet giant Google may have underestimated demand for its flagship Nexus 5 phone as it ran out of stock within hours of listing for sale in India.
Can China rival United States as an economic superpower?
China's ambitious reform road map could transform the country's economy, but it conceals a return to old-style authoritarianism.
Chronology: How Jet-Etihad got over every hurdle they faced
How the first FDI in aviation was achieved.
| | | |
| November 20, 2013 | | BlackBerry launches Porsche-designed smartphone
Though the price of the handset was not disclosed, BlackBerry said the device is fashioned from high-quality materials and features a customised version of its 10.2
BSE: Top losers and gainers
The 30-share Sensex ended down 305 points at 20,585. The 50-share Nifty ended down 80 points at 6,123 recording its highest single-day loss since September 30 when the benchmark index had dropped 98 points.
Rs 2,069 crore Jet-Etihad deal finally takes off
Naresh Goyal becomes the country's first airline promoter to receive
'India's pace of economic reforms disappointing'
Singapore's Fullerton Fund pumps more into China, cuts exposure in India
Renault keen on utility vehicle, small car segment in India
The company that sells five models in the country is looking for nearly 90 per cent growth in sales this year.
Gold pours into China to meet record demand
China, set to pass India this year as the world's top gold consumer, has imported nearly a fifth more bullion than data from its traditional conduit Hong Kong shows as it brings in the metal via other routes.
The good, the bad and the ugly of India's rural transformation
Despite impressive progress, a Green Revolution-era policy framework - subsidies for fertiliser and free electricity for groundwater irrigation - has now become an escalating risk to sustainability.
LG to launch 25 devices in India; aims to sell 50 mn phones
The late entrant is banking on rapid launches, focused distribution and higher localisation to get 5 million of the market this year. Will it succeed?
Embrace transparency in Internet use: Google urges India
A Google search of 'India Internet censorship' generates thousands of hits documenting episodes in recent years of government authorities demanding the closure of websites.
World's top 10 mobile phone companies
Mobile phone sales across the world totaled 455.6 million units in the third quarter of 2013, an increase of 5.7 percent from the same period last year, according to Gartner, Inc.
Fed committed to easy policy for as long as needed: Bernanke
In a speech to the National Economists Club that echoed dovish comments by his nominated successor, Janet Yellen, Bernanke also said that while the economy had made significant progress, it was still far from where officials wanted it to be.
Multiplex operators strike gold in Bollywood-mad India
Multiplex operators like PVR Ltd, Inox Leisure, Reliance Mediaworks and Mexican chain Cinepolis are scrambling to set up theatres
How India can reduce the long waiting period at toll booths
While international service standards require passage through the tollgate in about five seconds per vehicle, the actual time taken in India is usually a large multiple of that.
Tata Motors to debut a small car and a compact sedan soon
Hatchback and compact sedan to be unveiled at Auto Expo will have new DNA.
Is FIIs' love affair with Asia waning?
The liquidity-driven market rally since September, which has seen about $2 billion of inflows into the Indian equity markets, has propelled the benchmark the S&P E Sensex to a new high after about six years.
Indian entrepreneurs can build next Google: Schmidt
The former Google chief executive officer said he witnessed the creative potential of India's people all around him in Silicon Valley where India-born entrepreneurs account for 40 per cent of start-ups.
US economy in a good position to compete: Obama
Obama said there is need to fix the broken immigration system that strengthens economy and national security.
India seeks Congressional help over immigration bill
The Indian IT industry has led the way, in strengthening the India-US trade and investment relationship, Sandhu said adding that today, companies like TCS, Wipro, Infosys and HCL employ well over 50,000 US citizens and support more than 280,000 other local US jobs.
Sensex loses 300 points, Nifty records highest single-day loss
Investors booked profits in late trades after gains in the previous three sessions.
India among countries that saw biggest jump in gold stockpile
Let's take a look at nations that saw biggest increase in gold stockpiles.
How much nuclear power fuels India's energy needs? Find out...
Let's take a look at some nations, including India, that depend on nuclear power to provide energy needs.
Iconic images capture the beauty of Mercedes-Benz
Let's take a look at some of the models manufactured by the company down the years.
Why Honda Amaze is the best compact sedan
If you were still contemplating buying Honda Amaze, here something to convince you.
7 things to know about India's first women's bank
With the inauguration of the bank in Mumbai, seven branches would become operational across the country including in Kolkata, Chennai, Ahmedabad and Guwahati.
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| November 19, 2013 | | Blackstone, Panchshil Realty to buy Express Towers for Rs 900 cr
US private equity firm Blackstone Group LP and Indian developer Panchshil Realty are close to buying a majority stake in an office tower in Mumbai for about Rs 900 crore (Rs 9 billion), two sources with direct knowledge of the matter said.
Average age of India's super rich 63 yrs; China youngest at 53
At 53 years, China's billionaires are the youngest in the world, while the average age of India's super rich people is 63 years, a year older than the global average of 62.
BSE: Top gainers and losers
The 30-share Sensex ended up 40 points at 20,891 mark and the 50-share Nifty ended up 14 points at 6,203 levels.
PM inaugurates Bharatiya Mahila Bank, Sonia attends function
Coinciding with the 96th birthday of late Indira Gandhi, Prime Minister Manmohan Singh inaugurated the first of its seven branches at a function in Mumbai in the presence of United Progressive Alliance Chairperson Sonia Gandhi, coalition leaders Sharad Pawar and Farooq Abdullah, besides Finance Minister P Chidambaram.
Fare wars land airlines in a mess
Recent attempts to salvage the situation might not be enough thanks to the rise in jet fuel prices and depreciation of the rupee.
Mumbai's new iconic structure: Bombay Arts Society building
The famous architect Sanjay Puri has designed the building. Within an extremely small plot measuring only 1,300 square metres; the architect has created a fully fluid area to fit the clients' requirements.
How India's businesses have transformed
Before liberalisation, the strict norms had often stifled entrepreneurs looking beyond the boundaries of the country, and scalability was a taboo.
Why Starbucks CEO is impressed with Ratan Tata
Starbucks CEO Howard Schultz has voiced his admiration for industrialist Ratan Tata's 'grace' and wisdom, saying he was moved by the business icon's words during the launch of the coffee chain's flagship store in Mumbai last year.
25 toughest companies for job seekers
Firms that ask you the toughest interview questions.
Supreme Court issues notice on chit fund regulation
Supreme Court has issued notice over chit fund.
Did Sachin choose his sponsors with care?
Sebi has in public advertisements advised people not to invest in Q shop. But, top cricketers, including the man they call God, continued to peddle Q shop.
15 countries that have highest household debt
Let's take a look at 15 economies that have highest household debt in the world.
What triggers Sensex's split personality
A few shares foreigners love have lifted markets, leaving investors open to a reversal of hot money as well as political risk.
The Reserve Bank's mission impossible?
Taming inflation may prove difficult because the social consensus in favour of moderate inflation appears to have eroded
Sensex ends up 40 points, Nifty above 6,200
The main gainers on the Sensex were Hindalco, JSPL, SBI, Maruti Suzuki, GAIL, L&T.
Meet the man who exposed Ranbaxy's fraud
Dinesh Thakur is now planning to start a new venture to help the industry and the US regulator avoid another Ranbaxy-like episode.
Is this a good time to invest in stocks?
When it comes to financial markets, fear and greed play a large component in determining market prices.
How satisfied are Indians with their job?
Let's take a look at some countries where workers are happiest.
Don't trust stocks experts! Here's how to do your own research
An investor cannot use the same multiple to reach on the fair value of the stock. Every industry is judged by different parameters.
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| November 18, 2013 | | Stock market rally makes investors richer by over Rs 1 trillion
This was the biggest single-day gain for Sensex since October 18 when it rose by 467.38 points.
Why we are heading towards another tech bubble
Social media has become so integral to our lives that we don't even see the ways in which it has changed us.
Sennheiser Momentum: Fall in love with music all over again
Armed with a hard shell case, Sennheiser's latest set of headphones offers an enviable balance of sound.
Why Wockhardt's Waluj facility is under lens
After recovering from issues such as defaults on foreign currency convertible bonds and piling debts, pharmaceutical major Wockhardt has been on the slow lane through the last six months, following warnings from global regulators such as the US Food and Drug Administration (FDA) and the UK Medicines and Healthcare Products Regulatory Agency.
ICICI hits overseas debt market with benchmark issue
This is the second debt raising by Mumbai-based lender this year after it had raised SG$ 225 million early January in a seven-year bond sale programme.
Jaguar F-Type is nothing short of a masterpiece
Few phrases would describe the leonine Jaguar F-Type better other than 'poetry in motion'.
Buy this mansion, get a Rolls Royce for free!
In a novel offering, a realtor in the US state of Florida is giving a Rolls Royce car for 'free' with a nearly $13 million mansion.
Indian shopping street among world's most expensive locations
Let's take a look at some of the most expensive retail locations in the world.
25 banks sitting on biggest pile of money in the world
Let's take a look at banks that have most assets in the world.
Vegflation: Another killer for India's economy!
A double-digit food inflation has become a standard feature of our economic history now for the sixth year.
Why rupee fall is good for India
In March 2012, the rupee was about 51 to the US dollar - not much cheaper than it was a decade earlier.
Road ahead is slippery for the automobile industry, says Fitch
Demand for passenger vehicles, which has been on a downhill so far this year, will continue to remain sluggish through the first half of 2014 due to high interest rates which has weakened consumer sentiment, says a Fitch Ratings report.
End of easy money as RBI pushes to develop money markets
The ability of banks to continuously tap funds through the central bank's Liquidity Adjustment Facility lowers their need to raise cash in the markets, which has thwarted the development of a proper money-market yield curve.
Stunning concept cars of Tokyo Motor Show
Of all auto event, this one in Japan is favourite of car makers to unveil their concepts.
Wealthiest Indians you've probably NEVER heard of
Some of these are low profile while few have businesses outside India or are restricted to one geography.
Markets record highest single-day gains in a month
The market rode on US Fed plans to continue the stimulus measures and China's economic reforms.
'Modi's rise to power will not affect Indo-Pak trade ties'
Narendra Modi's coming to power will not make any difference to Pakistan's trade ties with India, says Zubair Ahmed Malik, president of the Federation of Pakistan Chambers of Commerce & Industry.
Want to be successful? Take a long-term view, says Indra Nooyi
Pepsico's Indra Nooyi claims she remains bullish on India, while Sebi's Sinha makes the case for using pension money to pump capital into the market, reports Faisal Kidwai.
Gold smuggling is rampant; trend likely to continue
40-50 tonnes of gold may have been smuggled into India in July-September; industry seeks duty cut
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| November 15, 2013 | | Tata is Tendulkar of corporate India: Chidambaram
With a large gathering of corporate leaders in attendance at the function in Mumbai even as the master blaster played his last test match at the nearby Wankhede Stadium, the
Lenovo launches 8-inch and 10-inch Yoga Tablet
The are priced between Rs 22,999 to Rs 28,999.
RBI blames inflation for high interest rates
Since taking over at RBI on September 4, Governor Raghuram Rajan has twice hiked the repo rate -- at which the central bank lends to banks -- to 7.75 per cent, seeking to
Volatile living: India, China's bold monetary experiment
Both central banks targeted interbank rates to control the supply of money, aiming for a more surgical monetary tool than orthodox bank reserves or policy interest rates.
Chidambaram hopes RBI gives license to specialised banks
The RBI had issued guidelines for Licensing of New Banks in the Private Sector on February 22 and came out with clarifications in the first week of June.
Indian TV channels go on war overseas
Broadcasters are doing everything they can-overhauling content, firming up distribution deals and launching free-to-air channels - to capture the Rs 1,500-crore overseas market.
How low oil prices can revolutionise Islamic countries
As the oil moneybags get lighter, it will be increasingly difficult for Saudi Arabia and other Gulf states to continue to support incendiary radicals. And over time, there will be greater integration of Muslim life and culture into the "mainstream".
Did FinMin ask pension regulator chief to quit?
Agarwal's relationship with the finance ministry has been choppy, particularly after P Chidambaram.
Rangarajan's mantra to contain inflation
According to data released on Thursday, Wholesale Price Index-based inflation rose to seven per cent in October from 6.46 per cent in September.
Why pesky calls and SMS won't stop soon
Rules have been amended repeatedly but it's a lucrative business; severely penalising the ultimate beneficiaries may be needed.
Infosys tries to offshore more work to woo large clients
The Bengaluru-based company, striving to return to sustained growth, is looking at different ways to reduce the cost structure, aiming to win large clients, said Rajiv Bansal, chief financial officer.
Cricketers who BENEFIT from Sachin Tendulkar's retirement
There's now a big brand endorsement opportunity for the icon's colleagues.
14 simple tricks to get the best mileage from your car
Following proper driving techniques can help you to achieve much higher fuel efficiency. Here are few...
10 cities in the world seeing biggest increase in low-cost carriers
Let's take a look at cities that are seeing biggest increase in low-cost airlines's seat capacity.
10 countries that saw biggest decline in gold stockpile
Let's take a look at nations that saw biggest drop in gold stockpiles.
iPhone 5c too highly priced for India: Gartner
In mature markets like the US and Europe the price difference between the iPhone 5c and 5s is not enough.
IMAGES: 'Pink Star' diamond sold for a whopping $83 million!
A plum-sized flawless diamond known as the Pink Star has been sold for a staggering $83 million at an auction in London, a record price for a gemstone.
The sinking story: Indian banks with highest NPAs
The net non-performing assets (NPAs) or bad loans of 40 listed banks jumped by 38 per cent or around Rs 35,424 crore (Rs 354.24 billion) in the first six months of current financial year.
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| November 14, 2013 | | BMW launches new version of Z4; costs Rs 68.9 lakh
Feature additions come in the form of LED headlights, new alloy wheel design options, additional body colours and an optional contrast roof.
What led to the CRISIS at State Bank of India
India's largest public sector bank, State Bank of India announced its Q2 results with a fall of 35.08 per cent in standalone net profit to Rs 2,375 crore (Rs 23.75 billion) for the quarter ending September 2013.
US billionaires favour New York over other American cities
The United States is home to 515 billionaires with a combined net worth of more than $2 trillion and many favour New York over other American cities to live in, says a report.
BlackBerry completes $1 bn investment through debentures
The investors also have an option to purchase additional $250 million worth of debentures in 30 days.
Mystery behind J P Morgan's China deals being probed
US authorities are investigating J P Morgan's hiring practices in China as part of a wider bribery probe
Why Obama will visit ArcelorMittal's US plant
Noting its role in reviving the US economy and creating jobs, President Barack Obama will visit a steel plant owned by NRI tycoon Lakshmi Mittal whose company is the largest supplier of steel to the US auto manufacturing sector.
SPECIAL: Why gold demand in India is hit
Global appetite for gold fell 21 per cent in the third quarter as outflows from physical bullion funds and the drop in buying from India offset firmer jewellery, coin and bar sales, a quarterly report from the WGC showed on Thursday.
Economists vs politicians: Tough fight over economic policies
Macroeconomic policy aimed at short-term political gains does not augur well for a poorly performing economy.
How to keep your retirement corpus intact
With EPFO capping the contributions to your pension scheme, you could look at other pension plans.
Advertisers hit a ton with Sachin's swansong match
From hoardings to banners, the city is splattered with 'goodbye Sachin' messages.
Sensex breaks 7-day streak, ends 205 points higher
Meanwhile, Wholesale Prices Inflation (WPI) numbers which were announced on Thursday, accelerated to an eight-month high of 7.0% in October.
Mukesh Ambani's mantra to solve current account deficit problem
Mukesh Ambani said broadband technology is providing access to opportunities irrespective of geographies.
20 best Internet broadband providers in the world
Let's take a look at 20 top Internet service providers in the world.
IMAGES: Motorola unveils low-cost smartphone, Moto G
Motorola is betting that low-cost smartphones can provide the spark to rekindle its struggling business, even as the company's ownership by Google Inc will force it to sit out of China, the world's largest smartphone market.
Mumbai's ambitious transport project to face indefinite DELAY
The Rs 20,000-crore Mumbai Elevated Rail Corridor is in for an indefinite delay as it is being reworked, marking a setback to the ambitious rapid transport project.
10 incredible structures made from recycled materials
As our resources deplete, some environmentally conscious people around the world are using trash and converting it to treasure.
IMAGES: Finally, Gurgaon gets a swanky Metro rail
The Gurgaon Rapid Metro, connecting the Cyber City with the Delhi Metro network, begins its run on Thursday.
Azim Premji is India's most GENEROUS businessman
When it comes to philanthropy, Indians don't share the table with the likes of Bill Gates but still there are a few who do really donate and the latest list is topped by Azim Premji of Wipro.
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| November 13, 2013 | | BSE: Top losers and gainers
The 30-share Sensex ended down 88 points at 20,194 and the 50-share Nifty ended down 28 points at 5,990.
At last, some good news for the Indian economy
The economy grew by 4.4 per cent in the first (April-June) quarter of current fiscal. In 2012-13, the gross domestic product growth fell to a decade low of 5 per cent.
Gold demand improves in India; supply remains tight
The most-active gold contract for December delivery was 0.99 per cent lower at 30,109 rupees ($470) per 10 gram at 0934 GMT on the Multi Commodity Exchange.
CAD to come down to $56 billion this fiscal: Rajan
RBI Governor Rajan on Wednesday said significant progress made in curbing current account deficit.
IMAGES: One World Trade Center to be TALLEST skyscraper in US
The skyscraper at New York's World Trade Center has been designated the tallest building in the United States by virtue of its spire, surpassing Chicago's Willis Tower, an international body said on Tuesday.
Twitter was once named Friendstalker
Among other names the founders contemplated were 'Twitch' and 'Smssy'
34k bank branches at risk as MS to end Windows XP support
Microsoft sources said about 52 per cent of computers in banks, 30 per cent in government offices, 26 per cent in manufacturing companies and 26 per cent in software firms are running on Windows XP.
How smart cities can transform India's future
Cisco's CEO says India's urban planners urgently need to think innovatively to prepare for the unprecedented migration from villages that is expected over the next decade.
Ambani to bring cash and carry to Punjab
The company wants to compete against international majors in Sunil Mittal bastion.
IMAGES: Inside the stunning Falcon 5X private jet
Dassault Aviation has unveiled its biggest and most advanced Falcon jet.
15 largest IPOs launched by Internet companies
Let's take a look at some of the biggest IPOs floated by Internet companies.
Twin DEVILS that have eroded the Indian economy
Consumer durables shrank year on year, which could suggest to observers that spending confidence is yet to return to the economy.
India's 20 BEST selling cars
Here are the best selling cars in the month of October
World's top 10 TAX HAVENS
"The biggest providers of financial secrecy are not small, palm-fringed islands as many suppose, but some of the world's biggest and wealthiest countries," finds the Financial Secrecy Index.
TCS paying top dollar for the New York marathon
TCS hopes to create a positive image for outsourcing by sponsoring a famous marathon
Sensex loses 88 points, Nifty ends below 6,000
Markets ended lower for seventh straight day on profit taking in index heavyweights.
D-St favourites queue up at RBI for higher FII investment limit
Foreign institutions are becoming important for the Indian markets.
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| November 12, 2013 | | Tatas won't return Singur land; keen to return to Bengal
The automobile firm's response came in reply to an earlier specific query of the apex court asking it to make its stand clear over the allotted land in the wake of changed scenario as the company had already moved its car plant to Gujarat.
BSE: Top losers and gainers
The 30-share Sensex ended 209 points down at 20,282 after hitting an intra-day low of 20,262 and the 50-share Nifty ended 61 points down at 6,018 after touching an intra-day low of 6,012.
Private investment: Engine to drive India's economic growth
By enabling, not colluding, with the private sector, the government can drive growth and deliver social protection on a much larger scale.
24 countries that offer best opportunities to foreigners
Let's take a look at 24 nations rated best for expatriates.
Domestic car sales dip 4%
According to the data released by the Society of Indian Automobile Manufacturers, motorcycle sales in last month grew by 18.05 per cent to 11,05,103 units from 9,36,122
25 LARGEST shipping ports in the world
Let's take a look at some of the largest ports handling millions of containers everyday.
India's 16 PROSPEROUS states, Punjab beats Gujarat
Though Maharashtra has 30 per cent more real income per person, Punjab has more widespread ownership of consumer durables, resulting in more prosperity, says the Crisil study.
Is EcoSport better than Duster and Terrano? Find out...
With the launch of Nissan's Terrano, the fight for supremacy in the compact SUV segment hots up.
Car companies that have the BEST service centres in India
After sales service is the key for consumers to buy a car in India. For some people, it can even be a deal breaker. Let's take a look at the companies that have the best authorised service centres.
Costlier vegetables push retail inflation to 10.09%
Costlier vegetables and fruits, such as onions and tomatoes, drove retail inflation to 10.09
Sensex loses 200 points; Nifty ends at 1-month low
The broader markets too ended weak- BSE Midcap and Smallcap indices fell by nearly 1% each.
Should you SELL or BUY more stocks now?
October finished with a Sensex reading of 21,164, a new closing high for the index.
How India can curb gold SMUGGLING
Recent regulations may have caused official gold imports to fall dramatically but evidence of smuggling is rising.
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| November 11, 2013 | | How inflation hit the fortunes of India's richest
Though the total wealth of India's 100 richest people grew by a modest 3 per cent from the year ago period to $259 billion, the elite group of entrepreneurs have beaten the
How India's business leaders have let down the country
The private sector has been selfish and greedy, and does not realise that it's they who should be blamed for the failure of India's growth story rather than the system and politicians.
How to get more from your health insurance
With the regulator changing the claims processing rules, policyholders can now settle their claims quicker and keep premium costs lower.
Lenovo P780: A phone that lasts good 40 hours
At Rs 18,799, the Lenovo P780 brings an amazing battery backup, one of the most crucial things for a smartphone.
Fresh tremors for the rupee?
The RBI's strategy to feed dollars to oil marketing companies directly from its dwindling reserves is not sustainable
10 MOST polluted places in the world
Let's take a look at some of the most polluted places in the world.
India targets $2.3 billion asset sales by year-end
Plans disinvestment in IOC and Coal India.
Auditors raise red flags on India's top airlines
Auditors of Jet Airways, SpiceJet say the "appropriateness of the going concern basis" depends on their ability to meet obligations.
How to prepare your child for education loan
This is perhaps the first time your child is taking a loan. Here's how you can guide her to use it wisely.
Sensex ends down 175 points; Nifty closes below 6,100
Meanwhile, IT bucks trend; TCS, Tech Mahindra and Infosys from IT pack were up 0.2-1.3%.
Why is India a difficult country to do business in?
The average number of procedures for starting a business is seven among South Asian economies, it is 12 for India.
How Sardar Patel could have changed India's economic fortunes
Narendra Modi's recent observation that India's fate would have been different had Sardar Patel been the country's first prime minister, instead of Jawaharlal Nehru, has caused a stampede of public opinion.
The FDI tiff: No love lost between India and Walmart?
Sources say the US retail giant's chief reluctant to meet again after Nov 1 meeting was cancelled
The MISTAKES that proved costly for Nokia, Infosys
Their experiences have serious lessons for decision makers in many other industries.
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| November 08, 2013 | | Twitter and the coming crisis
A look at the frenzy over Twitter's IPO shows that the markets believe that monetary policy will be good for risk assets.
Twitter's goal in IPO: To AVOID becoming Facebook
Twitter CFO Mike Gupta grilled banks about how to sidestep the problems that beset Facebook's IPO from start to finish.
Advantages of RBI opening up to foreign banks' subsidiaries
In the absence of clear incentives for subsidiaries, foreign banks logically prefer the branch mode; but now, those who see India as a long-term growth opportunity have the basis for deciding between the two modes.
Hyundai launches Grand i10 automatic at Rs 5.95 lakh
The Grand i10 AT competes with hatchbacks such as the Maruti Ritz AT, Honda Brio AT and Nissan Micra CVT.
BSE: Top losers and gainers
The 30-share Sensex ended down 157 points at 20,666 and the 50-share Nifty ended down 46 points at 6,141.
Possible reason behind AI Dreamliner's accidents?
With the plane experiencing problems one after another, Civil Aviation Minister Ajit Singh said there were no safety issues and the faults would be worked out.
Why growth remains a major concern for India
Of the BRIC (Brazil, Russia, India and China) economies, China, Russia and Brazil posted sharper increases in activity, but India registered a fourth successive decline in output.
IMAGES: Inside Google's upcoming London headquarters
The search engine giant is now constructing a new headquarters in London that will have a swimming pool, a running track, and all other amenities that adorn its offices worldwide.
COLUMN: How to deal with post-retirement blues
The number of financially well-off people seeking emotional crutches after retirement is increasing rapidly.
India emerges as the most attractive market for FIIs
Foreign institutional investors (FIIs) are back in droves.
Car accidents? 9 amazing features that can save your life
As technology advances, automakers are bringing in more complex mechanism to make the cars safer.
BlackBerry offers bumper package to new CEO John Chen
BlackBerry Ltd will pay its new interim CEO a base salary of $1 million, a bonus of up to twice that amount as well as stock awards potentially worth some $85 million, in the hopes of turning around Canada's most prominent technology company.
SPECIAL: Big Mac gets a king-sized threat
The world's largest burger chain, McDonald's, has had a smooth run in India till now.
Why are vegetable prices hitting the roof?
Price of onions, tomatoes up fivefold; cabbage triples in past year; experts say storage and processing facilities need investment.
Twitter shares soar in frenzied NYSE debut; touches $50
Twitter Inc shares jumped 73 per cent in a frenzied trading debut that drove the seven-year-old company's market value to around $25 billion.
Sensex slips 160 points, US jobs data eyed
Markets continued their losing spree for the fourth straight seesion on Friday as investors turned cautious and booked profits.
Infosys lifts suspense over Rohan Murty's designation
The Union ministry of corporate affairs (MCA) has informed Infosys that the appointment of Rohan Murty, son of co-founder and executive chairman N R Narayana Murthy, does not require its approval.
The CONTROVERSY over Hyderabad Metro
Rejecting allegations of irregularities, L&T Hyderabad Metro Rail Limited today said it
20 countries seeing biggest increase in oil production
Let's take a look at some nations that are witnessing biggest gain in oil production.
India's 10 most powerful businesswomen, Chanda Kochhar tops
ICICI Bank MD and CEO Chanda Kochhar has been ranked as the most powerful businesswoman in India for the third consecutive year by Fortune Magazine.
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| November 07, 2013 | | BSE: Top losers and gainers
The 30-share BSE Sensex closed at 20,822 down 72 points after touching a high of 21142.85 while the broader 50-share Nifty index closed at 6,187 levels down 27 points; the index touched a high of 6,289 today.
Top 10 countries with most billionaires; India ranks 6th
According to the the wealth-X and UBS billionaire census report 2013, India's billionaire population has decreased by 5.5 per cent to 103 and the total billionaire wealth has
COLUMN: All about the row over GM crops
It is past time for India to revisit the question of cultivating Bt brinjal hybrids that have been field-tested in the country.
Chennai metro: Tamil Nadu's biggest infrastructure project
At Rs 14,600 cr this is Tamil Nadu's biggest ever infrastructure project.
Home and auto loans get DEARER
State Bank of India (SBI), the country's largest lender, has decided to increase its base rate or minimum lending rate by 20 basis points (bps) from Thursday, to 10 per cent from the present 9.8 per cent.
Twitter prices IPO above range, eyes at least $1.8 billion
The microblogging network priced 70 million shares at $26, above the targeted range of $23 to $25, which had been raised once before.
Market ends low post festival of lights
Key indices ended weak for a third consecutive session after a stellar rally.
India's 25 RICHEST people, Dilip Shanghvi top gainer
India's 100 richest saw a 3 per cent rise in the wealth totaling $259 billion, says Forbes.
24 economies that are most transparent
Let's take a look at 24 most open economies in the world.
After the financial crisis, India has a ray of hope
Five years after the 2008 global financial crisis plunged the world into the Great Recession, there is a ray of hope that may lead the world into quicker recovery than what has happened till now.
World's most expensive car has a price tag of 4.6m pounds
The car will go for auction next year.
World gets richer: Record 2,170 billionaires!
Notwithstanding the current economic uncertainty, Asia has recorded the largest increase in its billionaires club in the world with 18 new billionaires in 2013, making it the fastest-growing region, a report says.
Skewed taxation rules a spoiler for REIT investors
Investors in Reit would like some favourable tax treatment so that this remains an attractive route for them to put money as compared to other options present in the market.
India likely to become 3rd largest economy by 2030
India is likely to be the third largest economy with a gross domestic product size of $15 trillion by 2030, says Standard Chartered's Super-Cycle Report.
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| November 06, 2013 | | BSE: Top losers and gainers
The 30-share Sensex ended down 80 points at 20,895 after hitting a low of 20,861 and the 50-share Nifty ended down 38 points at 6,219 after touching a intra-day low of 6,209.
No love lost for BlackBerry, Watsa after surprise deal
BlackBerry Ltd's decision to accept a $1 billion cash injection from a group of investors led by Canadian financier Prem Watsa shocked other potential bidders for the smartphone maker and has left some investors crying foul.
Why wages in India will rise by just 2%
According to ECA International, a provider of knowledge, information and technology for the management and assignment of employees around the world, factoring in inflation, employees in Asia are likely to receive the biggest average increases in real terms.
How Infosys visa row affects Indian IT industry
The industry needs to change its business model.
There is a SWISS connection to Indians' craze for gold
Swiss data secrecy suggests a sinister explanation for India's gold fetish.
IMAGES: Inside India's tallest Air Traffic Control tower
Constructed at a cost of about Rs 100 crore, the tower stands at a height of 83.3 metre.
24 cities that enjoy fastest broadband speeds in the world
Let's take a look at 24 cities enjoying fast download and upload speeds.
Hyderabad man in race for Microsoft's top job
In August, Steve Ballmer said he would retire within 12 months.
Will HCL face a Infosys-like situation ever?
Shiv Nadar, the first-generation information technology entrepreneur, founder and chairman of the HCL Group, has announced an additional Rs 3,000-crore investment over the next five years towards the educational initiatives of his corporate social responsibility entity, the Shiv Nadar Foundation.
After biting Apple in China, Xiaomi looks to scale up rivalry in India
The company may offer phones at around Rs 20,000, less than half the starting price of Apple handsets.
Luxury carmakers change lanes to cruise in a slow market
BMW is just another of the many bringing entry-level luxury cars to the market.
Markets end near day's lows, bank shares weigh
Profit taking was seen in financials and index heavyweight Reliance Industries after recent gains.
Isro propels India Inc's space ambitions
A symbol of self-reliance, India's space endeavours are a model for public-private partnership.
Burj Khalifa builder a consultant for Statue of Unity project
According to government officials, the Indian arm of Turner Project Management, which worked on the world's tallest building, the Burj Khalifa of Dubai, is consultant for the project and construction management.
How retail investors can make a fortune
Exit from equities if your investment was goal-linked or if you urgently need cash. Else, stay; rebalance your portfolio by picking attractively valued and some better-performing stocks
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| November 05, 2013 | | In key markets, realty prices may fall 10-15% in months
According to an expert tracking the sector, by Diwali 2014, the prices could correct 10-15 per cent in the National Capital Region, Mumbai and other similar high-end markets where rates have surged in recent times.
At last, some good news for the Indian economy
RBI's swap windows have boosted foreign inflows over the past two months.
AI Dreamliner passengers have another nightmarish experience
An Air India Dreamliner, with 184 passengers and crew onboard operating on London-Delhi route, made "priority" landing at the IGI Airport after some warning lights indicating problem with the braking system blipped in the cockpit.
iPhone 5 series sold out in India
An increasing number of enthusiasts are walking in asking for the gold-coloured version of the iPhone 5S.
Planning to buy a Volkswagen Polo? Here's a helpful guide...
If you are looking for a premium hatchback that offers just that bit more than others, your choices could come from the Volkswagen stable.
The FIR against Birla that reignited a controversy
It wasn't Kumar Mangalam Birla alone; the Hindalco mine allocation turned the spotlight on the PM and the Odisha CM.
Are banks wrongly branding people as defaulters?
Credit bureaus have become a weapon banks wield even against a consumer who deserves much better.
Modi-Rahul rivalry behind Amul RIFT?
Boardroom disputes have marked the tenure of pretty much every chairman of the co- operative - from its founder Verghese Kurien to Chaudhary's predecessor, Parthi Bhatol.
25 BIGGEST car manufacturers in the world
Let's take a look at countries that are manufacturing most cars in the world.
Why Bangalore, Mumbai are not the best cities to start a firm
India's Silicon Valley Bangalore turns out to be the worst place to start a business in India, according to World Bank survey.
27 days to start a business in India! It's UPA's failure
India has been ranked 134th among 189 countries in the World Bank's Doing Business 2014 report.
Markets break 5-day winning streak; Midcaps outperform
The broader markets outperformed the benchmark indices- E Midcap and Smallcap indices gained by nearly 1% each.
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| November 01, 2013 | | Sensex zooms in Samvat 2069; investors richer by Rs 8.19 lakh cr
Investors became richer by Rs 8,19,804 crore in Samvat 2069, aided by a hefty 13.5 per cent gains notched by benchmark Sensex during the Hindu calendar year.
Chidambaram sees current account deficit at $60 billion
He said gold imports in October rose slightly to 23.5 tonnes.
Amul's boardroom battle has a POLITICAL twist
Boardroom battles are nothing new for Amul.
Jobs to vanish from India's gold sector
Gold is the second-biggest item on India's import bill after oil and, facing a record trade deficit and a plunging currency this year, the government imposed stringent rules with the aim of curbing demand for the metal.
Farewell to MCX: From Jignesh Shah to Shah Jahan?
Shah's emotional statement indicates he has bid farewell to MCX; but is he stooping to hit back?
SPECIAL: All about Sachin Tendulkar, the brand
What corporate India can learn about consistency, challenges and teamwork from India's greatest sporting icon.
Sensex @ 21,000: Are you any richer?
With most schemes performing below the index, a few don'ts in the recent rally.
Google unveils NEW Nexus 5 smartphone with 'KitKat'
Google Inc on Thursday unveiled the newest version of its Android smartphone software, aiming to allow more smartphone users access to its evolving menu of online services such as driving directions voice-activated search.
Car sales see moderate rise in October
The company said sales in the compact segment comprising Swift, Estilo, Ritz declined by 1.2 per cent to 22,188 units in October this year as against 22,459 units in the same month in 2012.
COLUMN: Is management responsible for Infosys' setback?
The US legal action is likely to further strengthen public opinion, at a time of high unemployment, against information technology outsourcing -- which is seen to take away jobs from locals.
Mumbai's Dadar station now boasts of an escalator
For lakhs of commuters who take connecting trains at one of the busiest railway stations in the country, this escalator at Dadar station in central Mumbai will ease travel woes.
Economy: No RECOVERY yet in sight
But weak rupee helps India Inc.
The 20 most POWERFUL people in the corporate world
If you exclusively look at business personalities, Ambani ranks 20 and Mittal ranks 28.
iPhone 5S, 5C debut in India today
Imagine, with the price of two handsets of new iPhone 5S, you can buy a Tata Nano car.
Markets end flat after Diwali sparkle
Markets came off their all-time highs in late trades as investors booked profits at higher levels.
Sensex at 21K: 5 reasons why we can't cheer this bull run
Unlike the previous rallies of 2007 and 2009, this time the rise in the market is not supported by a robust economy.
No Diwali glitter for gold; jewellery sales to fall by 60%
Despite demand, gold jewellery sales are likely to decline by up to 60 per cent this festive
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| October 31, 2013 | | Petrol price cut by Rs 1.15 per litre
Petrol price cut by Rs 1.15 per litre while diesel rate hiked by Rs 0.50 a litre with effect from midnight on Thursday.
Twitter roadshow: Less exuberance, more 'nuts and bolts'
While Facebook's CEO had shown up in a hooded sweatshirt and sneakers, Twitter's executives were clad in dark suits as they pitched investors over plates of pesto chicken salad and raspberry tart.
Whistleblower to get $8 mn for blowing the lid off Infosys
A former American employee of Infosys, who had brought a whistleblower lawsuit against the IT giant, could receive between $5-8 million of the total $34 million that the Indian company will pay to settle visa fraud allegations.
'Infosys indulged in blatant violation of visa laws'
In a settlement, Infosys agreed to pay $34 million to resolve all allegations.
Mamata Banerjee turns saree designer to revive ailing 'Tantuja'
Bengal's ailing handloom brand 'Tantuja' is all set to get the personal touch of West Bengal Chief Minister Mamata Banerjee who will design the six yard wonder.
Democrats' immigration bill rings alarm bell for Indian firms
The killer provisions are in particular related to the much-sought after H-1B and L-1 visas.
Swiss tax pacts: Can India catch the biggest tax defaulters?
Switzerland finally signed an agreement to exchange information on potential money launderers and tax dodgers last week but neither this nor a modified tax avoidance treaty is likely to help India.
STAR India gets fans on board for Sachin's farewell campaign
The broadcaster will run promotional activities across its entertainment and sports networks in the run-up to the series and roll out special initiatives to make the event larger than life.
Sensex at new closing high; Nifty at 6,300
SBI, Tata Motors, Bharti Airtel, ICICI Bank and Reliance Industries among top gainers.
Don't escape turbulence, face it, say biz leaders
Chief executives at the global CEOS' meet proposed diverse solutions to deal with today's complex world.
Coal fire: 3 Tata Group firms under CAG spotlight
More than a year after the Comptroller and Auditor General of India (CAG) tabled the coal block allocation report in Parliament, indicting the government for a notional loss of Rs 1.86 lakh crore while allocating coal blocks, the Central Bureau of Investigation (CBI) has filed 14 First Information Reports (FIRs) against private sector companies, and more are in the offing.
How to safely stop your car when brakes FAIL!
The first thing you should know in this situation is - don't panic!
Where does India rank in global prosperity? Find out...
Let's take a look at some of the most prosperous countries in the world.
Motorola Ara: Make your own phone like you assemble a computer
The company wants to create a free, open and standardised platform to let people pick and choose the components they want in their phones.
10 companies that CONTROL the internet
These internet giants get the maximum number of visitors on their websites.
Global trust in Indian MNCs declining
Even as Indian companies continue to expand their global footprint, a study has revealed that the trust of advanced economies in indigenous firms of the country has declined steeply.
Turkey opens world's first UNDERWATER rail link
Turkey opened the world's first underwater rail link between two continents on Tuesday, connecting Asia and Europe and allowing Prime Minister Tayyip Erdogan to realise a project dreamt up by Ottoman sultans more than a century ago.
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| October 30, 2013 | | 'Dreamliner never put the lives of passengers at risk'
The makers of the 787 Dreamliner aircraft, Boeing, on Wednesday expressed concern over recurring glitches on the plane while at the same time insisting that it was a machine which had never caused issues with the safety of passengers.
Google takes secrecy to new heights with its mystery boat
The company has made US government officials to sign confidentiality agreements.
LG launches G Pro Lite phablet in India at Rs 22,990
The LG G Pro Lite comes with dual-SIM support, a dedicated hot key and a stylus pen. It features a 5.5-inch IPS display.
Insight: How consumers plan to spend their money this Diwali
Consumers plan to spend most on clothes and fireworks this Diwali according to a survey. The second biggest spending will be on gifts.
Volkswagen unveils NEW Jetta at Rs 13.70 lakh
German car maker Volkswagen on Wednesday launched an upgraded version of premium sedan Jetta in India, priced in the range of Rs 13.70-19.43 lakh (ex-showroom
Rich farmers are helping India Inc mint money
An extraordinarily good monsoon has left farmers with extra money in their pockets.
Don't want to tell banks what they ought to be doing: Rajan
He doesn't expect banks to raise interest rates, as they'd not reduced these after the policy rate cuts in May and March.
Controversial deal to redevelop Jaipur lake before apex court
The dispute over the way in which the Rajasthan government is seeking to re-develop Jaipur's historic Mansagar lake and its environs, may come up before the Supreme Court today, report .
Cartels may be keeping domestic gold prices high
The metal meant for exports is being sold to third parties at a premiums adding pressure on domestic market.
How India can reduce poverty drastically
Policymakers need to work towards raising the median household income rather than per capita income.
Rate hike to dampen housing demand in festival season
Real estate companies expressed disappointment over the RBI's decision to hike the
Sensex closes at record high of 21,034
The E Sensex rose on Wednesday to mark a record close as telecom firms such as Bharti Airtel surged on better-than-expected operating performance, while continued strong foreign flows also boosted sentiment.
Auto buyers cut urge, choose dim Diwali
Vehicle sales in domestic market down 10.9% y-o-y till October 29
25 countries where women get the BEST deal
Let's take a look at countries where women get a comparatively fair deal.
The rich list: Twitter IPO will make a few multi-millionaires
Twitter is preparing to sell 70 million shares to the public in an IPO that will value the company at $10.9 billion.
World's best countries to do business, India SLIPS to 134
India has slipped three positions to 134th spot in the latest ease-of-doing business
No hit from order to give up KG-D6 discoveries, says RIL
The entry of a new developer through competitive bidding would delay the development of discoveries by at least 10 years.
10 most hi-tech cars in the world
The world of auto is changing. Best cars are no longer about having top notch mechanics under the hood.
It is a dead-end for India's services-led growth
Resumption of rapid GDP expansion requires accelerated growth of the production and export of manufactures.
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| October 29, 2013 | | BSE: Top gainers and losers
At close, the Sensex ended up 359 points at 20,929 and the Nifty ended up 120 points at 6,221.
Bad times erode $50 mn from Vijay Mallya's fortune
His position in India's 100 richest list by is 11 places down to 84th.
'Convertibles' could replace IPO safety net
After unfavourable response to the safety net, Sebi considers instruments with an option of conversion into equity.
India rich club: Business families' fortune is worth $55 bn!
While Forbes magazine's India Rich List remains dominated by individual business leaders, those making the mark along with their family members are also quite a few and also include three in the top 10 -- Hinduja Brothers (6th place), Adi Godrej & family (8th position) and Sunil Mittal & family (10th).
Small investors to get inflation-linked savings scheme soon
RBI wants to introduce these as an alternative to gold.
Why this Diwali will be grim for your next door retailer
Small shops, making up bulk of Rs 31 lakh-crore retail industry, sees dip in sales.
India's 100 richest includes only five women
Out of the five women, only two are ranked in the top 50, with the highest ranked being Jindal Group's Savitri Jindal at 14th place ($4.9 billion).
Why big brokers shun small retail
Most big brokers with large nationwide networks operate through the franchise model, in which most fixed overheads are borne by the franchisee.
Govt could ban official use of gmail, yahoo by year-end
The Department of Electronics and Information Technology is drafting a policy on e-mail usage for government offices and departments and the policy is almost ready.
One idea Samsung could safely COPY from Apple
With reserves accumulating fast, it can afford to mimic Apple by giving more to investors.
Why fresh IT graduates may not get jobs
TCS, which recently raised its hiring forecast, is considering the off-campus route for FY14.
Allow Roy to go abroad, Sahara pleads to SC
Holding that it was playing 'hide and seek' and cannot be trusted any more, the apex court on Monday directed the Sahara Group to hand over title deeds of its properties worth Rs 20,000 crore to Securities and Exchange Board of India warning that failure to comply would mean Subrata Roy cannot leave India.
Experts cheer as RBI fulfils market expectations
The RBI policy has certainly become more transparent as it has fulfilled market expectations of 25 bps hike in repo and 25 bps cut in MSF.
Selling MFs, stocks? Keep costs in mind
There will be STT and a tax on short-term equity sales, plus an exit load for mutual funds.
EMIs likely to go up as RBI raises repo rate by 25 bps
India's central bank raised its policy interest rate for the second time in as many months on Tuesday, warning that inflation is likely to remain elevated for the rest of the fiscal year, and rolled back an emergency measure put in place to support the slumping rupee.
Will oil get cheaper in India? No way!
India's overwhelming dependence on imported energy will remain a significant weakness.
Reserve Bank expects trade deficit to moderate in Q2
Despite a higher CAD in the first quarter, capital inflows were broadly adequate to finance the current account gap, requiring only a marginal drawdown of foreign exchange reserves.
RADIA Tremor: How Unitech got entangled in the tapes
With the managing director out on bail & being questioned in relation to the 2G spectrum scam, the company is still not out of the mess.
Here's proof that Gujarat has flourished under Narendra Modi
The data shows that the state has reduced poverty and malnutrition, sex ratio has improved and the quality of education is improving.
RBI expected to raise interest rates, roll back rupee support
In its quarterly macroeconomic review on Monday, the central bank said it expects inflation to remain near current elevated levels for the remainder of the fiscal year that ends in March.
Indices gallop to its highest level in 2013
Sensex gained 359 points to close at 20,929 and the Nifty added 120 points to end at 6,221.
Minister voices concern on US immigration bill
According to government statistics, Indian IT firms support 280,000 jobs in the US and have contributed about $15 billion to the US Treasury in the past five years.
Diesel price may be HIKED by Rs 4-5/litre
Diesel prices should be immediately hiked by Rs 4-5 per litre, the Kirit Parikh
Jet Airways bets on business class again
Increases seats in the premium segment, scraps loss-making domestic flights
World's 'largest' international airport opens for passengers
Dubai officially launched passenger services at its new Al Maktoum International airport on Sunday after a delay of nearly four years, with three airlines agreeing to operate from the facility for now.
25 countries that will see biggest job changes in 10 years
Let's take a look at nations that will see biggest employment changes in 10 years.
Five banks slapped with biggest fines in the world
Let's take a look at five banks that have been slapped with biggest fines related to mortgage activities in the United States.
Hyundai Grand i10: The best hatch in the market today?
The Hyundai Grand i10 re-writes the rules of the hatchback segment by offering terrific value.
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| October 28, 2013 | | Modi's development model is pro corporate: Medha Patkar
Noted social activist Medha Patkar on Monday termed Gujarat Chief Minister Narendra Modi's model of development as a "corporate model" where poor people have lost their land to big corporate houses.
Samsung launches dual screen flip phone for Rs 51,900
Korean electronics major Samsung on Monday launched a golden coloured dual screen flip smartphone under its Galaxy series for Rs 51,900.
BSE: Top losers and gainers
The 30-share Sensex ended down 113 points at 20,570 and the 50-share Nifty closed 44 points lower at 6,101.
Selection of land in Singur was wrong: Bengal minister
The erstwhile Left Front government had earmarked 1000 acres at Singur for the Nano car plant but the acquisition of the multi-crop land from unwilling farmers was one of the reasons for its poll debacle after a long stint of 34 years in power.
SPECIAL: Nanny apps for tiny tots
There are many apps that can help organise your routine and entertain toddlers, while teaching a thing or two; there are apps that can track your children when you are not around.
Sony Smart Watch 2: Is it worth buying?
At best, this is a good notification device that can be called as a smart pager.
Jousting over Jaipur's jewel
A legal tussle is currently on between a civil society group led by a professor, ostensibly working to further public interest, on the one hand, and the state government and an influential but controversial real estate developer, on the other. The dispute, which is over the way in which the Rajasthan government is seeking to re-develop Jaipur's historic Mansagar lake and its environs, is expected to be resolved soon by the Supreme Court.
Tablet market still small but growing rapidly
Samsung still reigns supreme, though its value share of the market fell marginally from over 63 per cent in January to 62 per cent in May.
Maserati Quattroporte: The best of Italian luxury on wheels
The limited edition Maserati Quattroporte's interiors bear the Ermenegildo Zegna imprint.
Aqua i7: A good alternative to most 5-inch smartphones
Intex's most expensive phone ticks quite a few boxes and makes a good impression.
Odisha govt strongly favoured Hindalco for coal blocks: PM
The chief minister of Odisha had reiterated this position assigning topmost priority to the allocation of Talabira-II in favour of Hindalco.
How to make rural India job-ready
At Head Held High, trainees begin with the basics -- the English alphabet.
Toyota beats GM to remain world's BEST selling carmaker
Toyota Motor Corp is likely to have retained its position as the world's best-selling carmaker for the first nine months of the year, beating rivals General Motors Co and Volkswagen AG, company figures showed on Monday.
LG unveils CURVED smartphone in race against Samsung
South Korea's LG Electronics Inc unveiled a curved smartphone on Monday in a move to catch up bigger rival Samsung Electronics Co.
Why you should CHOOSE silver OVER gold this Diwali
Given prices of the latter are at an all-time high, it makes sense to opt for cheaper precious metals.
How Micromax goes for the kill
By roping in a Hollywood A-lister, the home-grown mobile handset maker hopes to get three things: bragging rights, a larger global footprint and a new set of customers in the domestic market.
Biz vs politics: Are corporate honchos victimised in India?
A growing number of businessmen find themselves under the lens.
Sensex sheds over 100 points, RBI policy eyed
Markets ended lower on Monday as investors turned cautious and booked profits ahead of the RBI monetary policy.
Why RCom finds itself in the dock
Company says it has been the victim of a 'mischievous' campaign by rivals.
India among 25 countries where many go to bed hungry
Let's take a look at some countries, including India, that have highest number of people going hungry.
20 companies spending most on R&D in the world
Let's take a look at companies that spend most on R&D in the world.
Your private data may be online, courtesy govt
Some depts have posted bank account & income details on net for transparency; experts cry privacy breach
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| October 25, 2013 | | Radia tapes leaked due to corporate rivalry:Tata to SC
Ratan Tata on Friday told the Supreme Court that the tapped telephonic conversations between corporate lobbyist Niira Radia and top politicians, bureaucrats and businessmen, including himself, were leaked to the media because of corporate rivalry.
Would be very happy to see Air India privatised: Tata
Tata was speaking to reporters after he, along with Singapore Airlines CEO Goh Choon Phong and Tata-SIA Airlines Chairman Prasad Menon, met the minister.
What the BlackBerry Z30 has in store for you
At Rs 39,990, the phablet is a decent offering, cheaper than many flagship Android phablets.
Deutsche Bank sees Sensex at a record 22,000 by Dec end!
The Sensex hit an all-time high of 21,206.77 on January 1, 2008, while during intra-day on Thursday, it had scaled 21,039.42.
Micromax launches its best phone Canvas Turbo for Rs 19,990
The device comes with a 5-inch full HD screen and is powered by 1.5 GHz quad core processor.
India is one of the 5 fragile economies: US official
Identifying India as one of the five fragile economies of the world, Chief Economist at the Institute for International Finance, has predicted an uncertain outlook for its future in view of the next year's general elections.
Now, open a bank account through Aadhaar without paperwork
The Unique Identification Authority of India (UIDAI) has enabled a feature that would allow anyone with an Aadhaar number to open a bank account, without any paperwork.
Tata Indigo eCS CNG variant to hit the road in Nov
The car gives a mileage of 24 km per kg of CNG.
Infosys revamps Executive Council, adds 12 members
Infosys, the country's second largest information technology services company, expanded its Executive Council (EC) on Thursday, with the induction of 12 new members.
SPECIAL: India eyes $15-bn rollover of subsidy costs into next budget
Chidambaram insists that the fiscal deficit target of 4.8 per cent of gross domestic product for the year to March 31, 2014, is a red line that will not be breached.
Markets end in red for fourth straight session
The gains in IT majors were negated by losses in heavyweights like L&T, ITC, HUL and M&M.
10 economies that have most educated workforce in the world
Let's take a look at countries that have highest percentage of students graduating from college.
Maruti developing a premium hatch; to compete with i20, Jazz
The company plans to launch it in 2015-16 in India.
Meet the richest Indians, Mukesh Ambani is No 1
Reliance Industries Chairman Mukesh Ambani retains the title of India's richest man with personal assets of $18.9 billion.
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| October 24, 2013 | | BlackBerry unveils Z30 in India at Rs 39,990
In a fresh bid to check its falling market share, smartphone maker BlackBerry on Thursday unveiled premium flagship offering Z30 featuring its latest operating system 10.2 version in India priced at Rs 39,990.
BSE: Top losers and gainers
The 30-share Sensex ended at 20,725 down by 42 points after topping the 21,000 mark while the 50-share Nifty ended down 14 points at 6,164 after hitting a high of 6,252 during the day.
Chevrolet Cruze facelift hits Indian roads; costs Rs 13.75 lakh
The visually different car now gets a redesigned grille, an all-new front bumper, and more.
20 years of Coca-Cola: A roller-coaster journey in India
Coca-Cola's journey in India mirrors the country's growth, rising consumption and a vibrant middle class.
FIPB clears Tata-Singapore Airlines JV
JV will set up a full-service carrier based out of New Delhi.
To boost India's growth PM seeks China's co-operation
Singh highlighted eight specific areas for cooperation between India and China.
20 exclusive property hot spots of the super rich
Top destinations where the wealthy are rushing to buy vacation homes.
20 most transparent companies; Tata Communications tops
Let's take a look at some of the most open companies.
How Wipro plans to build leadership, perform better
T K Kurien, chief executive officer of Wipro says the first milestone's been achieved and a complete turnaround would happen when there is consistency in growth.
SPECIAL: Post Etihad deal, Jet signals shift in flight plan
Jet will require short-haul Boeing 737s to feed the traffic to Abu Dhabi, Etihad's home base and hub.
Why Reliance Power was high on Niira Radia's agenda
Niira Radia had said friends in high places enabled favourable EGoM decision on Sasan coal diversion, a charge staunchly denied by Reliance Power.
Market does hat trick of weak endings
It was a third consecutive day of equity market closing in red this week after a stellar rally seen earlier.
10 CEOs who received highest pay package
Let's take a look at 10 highest paid CEOs in the United States.
The man behind Honda's SUCCESS in India
Unlike many business heads, Hironori Kanayama is surprisingly optimistic about the latent potential of the Indian market and predicts that a turnaround is imminent.
Stunning SUPERJUMBO A-380s may fly to India
In one step forward, the Civil Aviation Ministry on Wednesday met for the first time to decide on allowing the Airbus A-380s to operate at some airports, years after some major foreign carriers sought the right to fly these superjumbos to India.
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| October 23, 2013 | | Jignesh Shah lives to fight another day
Financial Technologies India Ltd (FTIL) promoter Jignesh Shah, whose 'fit-and-proper' status to run an exchange has been under regulatory scrutiny following the Rs 5,600-crore payment fraud at NSEL, on Tuesday decided to continue as a director of group firm Multi Commodity Exchange (MCX).
How India can become a technology leader
There is a big hole in India's electronics manufacturing capabilities, one that does not fit in well with the notion of a large economy with matching technology muscles, says Subir Roy.
India's third biggest gold fund reopens to investors
The government and the central bank launched a series of measures this year to curb the country's appetite for gold as India battled a ballooning trade deficit and a weak currency.
Volvo launches new S60 saloon, XC60 crossover
Can Volvo take advantage of the festive season with the launch of its refreshed cars that rival Audi A4 and Q3?
Insurance cover coming for online fraud
NPCI calls bids to cover all e-payment transactions where consumer followed procedure; both state and private insurers show interest.
Sivakasi cracker industry looks for a SPARKLE
The fireworks industry of Sivakasi has been hit by restrictive explosives laws and growing Chinese domination of the sector.
Is Hyundai Grand i10 a better car than Maruti Swift? Find out...
Hyundai's Grand i10 is a direct challenge to the Swift in the premium compact segment. Is it capable of dislodging the long-reigning Maruti Suzuki car from the top perch?
Fleeing multinationals mean India needs hot money
The high-profile departures have their roots in red tape and business-unfriendly policies.
India's IT sector back on track, TCS leads
India's Rs 6 lakh crore-plus information technology (IT) industry is back on its high-growth path - led by Tata Consultancy Services (TCS), which is ahead of other large firms in top-line numbers for the second quarter.
Sensex down 97 points, IT weighs
Infosys, Wipro and TCS were down 0.5-4.5% contributing the most to the losses.
Apple unveils THINNER iPads, faster Mac computers
Apple Inc on Tuesday offered free upgrades for life on its operating system and business software, and unveiled thinner iPads and faster Mac computers ahead of a competitive holiday shopping season.
India's 21 BEST cities for business, Bangalore tops
Bangalore scores in terms of schools and colleges, ability to attract infrastructure, office space availability and city culture.
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| October 22, 2013 | | Samsung unveils NEW Galaxy Note 10.1 in India
Korean electronics major Samsung on Tuesday unveiled the Galaxy Note 10.1 tablet (2014 edition) in India with enhanced privacy and security protection provided by Samsung KNOX.
BSE: Top losers and gainers
The 30-share BSE Sensex closed at 20,865 down almost 29 points or 0.1% while the broader 50-share Nifty index closed at 6203 down 2 points.
Wipro's net jumps 28% to Rs 1,932.1 crore
Wipro consolidated net profit up 20 per cent at Rs
Nokia launches Lumia tablet, joins large-screen phone race
The Lumia 2520 tablet, along with its Lumia 1520 and 1320 phablets, are among the last products the Finnish company developed before deciding to sell its handset business to Microsoft.
SPECIAL: Amid losses, Tata Tele scrambles for a saviour
After a complete wipe-out of net worth, the company is looking for strategies to stay afloat. Either a competitor could take it over or it could merge with others.
7 coolest futuristic gadgets from Japan's biggest tech show
Here's a peek into the future of auto and consumer electronics.
Should Aadhaar be made mandatory?
The concept of Aadhaar (the Hindi word for basis or foundation) has evolved since it was introduced in 2009.
India welcomes Chinese investment: PM
In a written interview with Chinese media based in Delhi, Singh said India faces an unsustainable imbalance in its trade with China and one of the ways of overcoming the trade deficit is for India to attract larger flows of foreign direct investment from China.
BlackBerry resumes BBM rollout for rival phones
In September, BlackBerry had paused the global rollout of its instant messaging service BBM on rival phones, blaming the delay on issues caused by an unreleased old version of BBM (BlackBerry Messenger).
Why Indians will struggle to buy GOLD this Diwali
At India's largest bullion dealer turnover has dropped to 20-30 kg a day from about 300 kg.
20 BEST phones to gift this festive season
The festival season is just around the corner and so are the discounts and sales. If you want to gift your loved ones a phone this year, we bring devices that fit all budgets.
Mobile telephony becomes a three-horse game
Market share of Airtel, Vodafone & Idea rises to 70% from 60% in 2010 and 50% in 2008.
How the govt can ensure a house for EVERY Indian
While private sector initiatives in low-income housing sector are burgeoning, further growth requires some government subsidies, writes
Broader market steals the show; key indices end flat
Market now awaits US jobs data for further direction on US Fed's stance on its QE.
Indices near NEW peak but LOSE premium tag
Equities shed superior valuations vis-à-vis most emerging markets
Mercedes M-Class: The M is for masculine, majestic, matchless
The macho-looking SUV boasts of excellent comfort.
Millionaire boom: Which countries are getting RICHER?
Global wealth has more than doubled since 2000, reaching a new all-time high of $241 trillion, find the 2013 Credit Suisse Wealth Report.
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| October 21, 2013 | | BSE: Top gainers and losers
The 30-share Sensex ended up 11 points at 20,894 and the 50-share Nifty closed 16 points higher at 6,205.
Fighting corruption? India Inc shows the way
If viewed rationally, the report should, thus, somewhat defuse the panic around "unique levels" of corruption in India, revealing that the country and its private sector have relatively robust processes in place, allowing for the eventual revelation of corrupt practices.
Revealed! 5 cars Honda plans to launch in India
After the success of Amaze, Honda managed to be the third largest auto maker in the country. Here's how the company plans to keep the momentum going.
Toyota launches limited edition Fortuner for Rs 24.3 lakh
Designed by Toyota Racing Development, the limited edition will be available in the 4x4 MT variant of the Fortuner, the company said in a statement.
New peak awaits Sensex amid unabated FII flows
If the Sensex manages to make fresh closing highs, traders would look forward to the index breaching its highest level of 21,206.77.
How much freedom Indians have on the Internet?
Let's take a look at Internet freedom across the world, including India.
15 amazing Google projects that FAILED!
Success of Google is built on its failures and learning from projects that seemed revolutionary initially but were discontinued.
Know the tax benefits of house rent
Rent paid to one's wife is eligible for exemption if property, home loan are in her name.
Markets end flat, L&T soars 6%
Markets ended flat amid a volatile trading session on Monday led by engineering major Larsen & Toubro.
$5-trillion a day forex market under lens
The manipulation is suspected to have spread across the world.
Want to save money for jewellery? Invest in gold ETFs
Regular investment in gold-linked financial instruments will safeguard against price fluctuation and do away with storage cost.
Here's how to stay away from loan defaults!
Often loan defaults occur when one takes on too many debts simultaneously and then find it difficult to manage.
10 brands Indians love the most, SAMSUNG tops
Technology companies dominate India's most attractive brands.
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| October 18, 2013 | | Birla denies allegations of corruption, meets Chidambaram
Kumar Mangalam Birla on Friday says he hasn't done any wrong and is not worried about CBI case against him in coal block allocation.
BSE: Top Gainers and Losers
The 30-share BSE Sensex surged a whopping 2% or 467 points at 20,882 levels while the broader Nifty index ended at 6,189 levels up over 2% or 143 points from its previous close.
20 stunning bridges that have transformed India's infrastructure
India has an impressive network of bridges across the country.
X-Men star Hugh Jackman is the new face of Micromax
Roping in a Hollywood star means the company will be expanding its international footprints.
China has done it again! GDP grows at 7.8%
China's economy grew 7.8 percent in the third quarter, its fastest pace this year and in line with expectations, as firmer foreign and domestic demand lifted factory production and retail sales.
SPECIAL: Is Haldia Mamata's Nano moment?
Last year, HPL posted losses of around Rs 960 crore (Rs 9.6 billion) on revenues of Rs 8,662 crore (Rs 86.62 billion).
Market ends at 3-year high; Bank, metal stocks lead
Buying in index heavyweights along with surge in banking counters lead the surge.
Why India must clear the sky for airlines flying abroad
India must do away a pointless policy that mandates that a domestic airline must have been in operation for five years and have 20 aircraft before flying.
Gone are the days of 8% growth in India: Moody's
The Indian economy has bottomed out and the recovery is on the anvil although the days of 8 per cent growth are "gone", Moody's Analytics said.
Mahindra launches Xylo D2 MAXX at Rs 7.12 lakh
The variant is is aimed at fleet and travel operators thanks to its seating capacity for nine people.
Two India-born executives among the highest paid men
Technology companies such as Google, Apple and Oracle pay senior staff more money than the CEOs in best of the companies.
Investors get richer, wealth surges over Rs 10,00,00,00,000
Investors on Friday became richer by over Rs 1 lakh crore, with benchmark Sensex witnessing 460-point rally amid easing concerns over the US tapering.
Nissan unveils refreshed Evalia; starts at Rs 8.78 lakh
The car gives a fuel efficiency of 19.3kmpl.
America's economic woes are far from over
After 16 increasingly frantic days that tried the faith of the financial markets in the United States' institutional soundness, the US Congress has finally agreed on a deal that would postpone a showdown on federal government spending and borrowing for a while.
Modi alone can't wipe out corruption in India: Rajan
Raghuram Rajan, Governor of the Reserve Bank of India, has scoffed at the contention that BJP's Prime Ministerial nominee, Gujarat Chief Minister Narendra Modi will be the knight in shining armour who will root out corruption in India.
SPECIAL: Why is Flipkart raising so much money
The company has notched up a total of $540 million in funds over the last six years, $360 million of which has flowed in two tranches this year itself.
I am independent, don't fear being fired: Rajan
Raghuram Rajan says he's not beholden to the Finance Ministry nor does he go around with the fear of being fired.
COLUMN: What actually saved the rupee?
An upward climb of the rupee has been maintained since Dr Raghuram Rajan's appointment, helped by his policy announcements and actions. But was this the whole story?
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| October 17, 2013 | | Mumbai police arrest former NSEL head Anjani Sinha
The Economic Offences Wing of Mumbai Police on arrested former managing director and chief executive of the beleaguered National Spot Exchange (NSEL) Anjani Sinha.
ED finds no violation of FDI guidelines by Walmart
The Enforcement Directorate, which probed the alleged contravention of foreign exchange laws by Walmart in its investments in domestic supermarket chain
Samsung launches two smartphones priced under Rs 8,500
Intensifying competition in the mid-segment smartphone market, Samsung India today launched two devices under its Galaxy series, priced at Rs 6,750 and Rs 8,290.
MODI's mantra for building modern cities
Gujarat Chief Minister Narendra Modi on Thursday said that instead of viewing urbanisation as a challenge it should be converted into an opportunity.
Kejriwal sweeps hurdles, Modi runs to power on Android
These games are not party's initiative but of their supporters, followers.
Indian companies are LESS corrupt than the Chinese: Survey
While Indian firms performed the best in fighting corruption, Transparency International has slammed Chinese companies for their opaque business practices.
Even billionaires would be 'poor' in these countries
Let's take a look at 25 nations that have experienced hyperinflation.
Indian cities where the super rich live; Mumbai TOPS
Despite the slowdown, India's population of rich is growing. The country saw 120 more individuals join the exclusive club.
Sensex ends on a negative note, IT major loser
The 30-share Sensex scrapped 132 points or 0.6% to end at 20,416 levels while the broader 50-share Nifty ended at 6,046 levels down by 43 points or 0.7%.
Can Tech Mahindra become an IT giant?
After lagging behind peers for years, the company changes tack to achieve ambitious revenue target of $5 billion in two years.
No takers for iPhone 5C? Apple cuts Q4 orders
Apple Inc has told manufacturers of its new iPhone 5C that it will cut orders of the smartphone for the final three months of the year.
Indian companies under fire for VIOLATING laws
Besides Birla, a number of top industrial houses in the country are facing some probe or the other, ranging from bribery to illegal mining to insider trading.
Obama signs bill to end shutdown
US President Barack Obama early this morning signed a bill into law to end a disruptive 16-day government shutdown and increase the current debt ceiling of $16.7 trillion to prevent the country from a debt default with potentially worldwide economic repercussions.
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| October 16, 2013 | | Games over! Swiss banks agree to share account details
Heralding an end to its banking secrecy wall, Switzerland will now share bank account
Puja brings cheer to companies and people
Despite slowdown, corporates are investing heavily in advertisements not just in Kolkata but also in other metros.
Phailin takes a toll on industries in Ganjam
Loss of Odisha Sands Complex is estimated at about Rs 100-crore.
Once again, TCS steals a march over Infosys
TCS posts one of the highest volume growth and best margin performance.
Nobody knows when the US shutdown will end
Less than 50 hours left before the US has any money to pay its bill, a gloomy picture of default looms over the horizon of US history.
UPA vs NDA: Who helped Indian economy the most?
While UPA has been more pro-farmer, and delivered better GDP growth while the NDA was steadier on the fiscal and industrial side.
SPECIAL: World stares at doubling of food prices by 2030
That the world is headed for rising food prices as demand outpaces supply, causing growing levels of hunger, is a given.
Rajan confident, economy will pick up by end-2013
With a bountiful harvest and stalled infrastructure projects starting, India growth story is intact.
Over 30% Indian tourists are Gujaratis: Tourism ministry
Experts believe the slowdown or the rupee depreciation has not been able to kill the spirit of the Gujarati traveller.
What makes customers in India splurge
Consumer spending and the sentiment that guides it are the key to the growth of any market economy.
Sebi's gift to staff: Paternity, child care leave
In a first of its kind pro-staff initiatives at a regulatory body, Sebi has introduced
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| October 15, 2013 | | BSE: Top losers and gainers
The 30-share Sensex declined 59.92 points to end at 20,547.62 and the 50-share Nifty was down 23.65 points at 6,089.05 levels.
TCS Q2 net zooms to Rs 4,702 crore
Tata Consultancy Services, India's largest provider of information technology services, said quarterly profit rose 34 percent, beating analyst estimates, as the industry benefited from a record haul of new contracts.
Dreamliner flight can be nightmarish! Panel falls off AI flight
A large panel on the belly of a Bangalore-bound Dreamliner of Air India fell off mid-air,
Will small town Uran transform into 'third' Mumbai?
There is talk of changing the small town of Uran into Mumbai's new satellite, but according to realty experts, it is too early to think of investing in the area.
Stunning Sony Xperia Z1 set to IMPRESS you!
For the last one year or so, Sony has been consistently delivering mobile handsets that make you sit up and take notice.
Phailin unlikely to bleed insurance companies
Losses to be well below Rs 100 crore, say insurers.
10 companies that have announced most job CUTS
Let's have a look at companies that have laid off most employees.
5 reasons why TCS outperformed Infy in Q2
Market experts believe TCS to post better quarterly earnings vis-a-vis Infosys.
Taking a home loan? Here are a few tips!
You must remember to choose the right home loan if you do not want to face the hassles in the process.
SPECIAL: Is it the closing bell for Jignesh Shah?
Jignesh Shah, the outsider intent on crashing the party, is in danger of losing his empire.
Coal scam: CBI registers case against Kumar Mangalam Birla
The Central Bureau of Investigation on Tuesday registered a fresh case against Kumar Mangalam Birla in coal allocation scam.
Markets end lower on growth woes, financials drop
The broader markets ended lower with mid-caps and small-caps falling over 1 per cent on the E.
Odisha loses Rs 2,300 crore worth of crops to Phailin
Cyclone Phailin, which made a landfall on the southern coast of Odisha at around 8:30 pm on Saturday at a windspeed of 200 km an hour, affected a cultivable area of 0.5 million hectares and damaged 80 per cent of the power transmission infrastructure in the coastal areas.
India still lags behind China, Pakistan on hunger index
The number of hungry people has dropped in India with its score on the Global Hunger Index improving to 63rd position in 2013, but the country still lags behind China, Pakistan, Bangladesh and Sri Lanka.
How much will the iPhone 5c, iPhone 5s cost in India?
Leading telecom operators Bharti Airtel and Reliance Communications will start selling Apple's iPhone 5s and iPhone 5c smartphones from November 1.
Battle of the luxury hatchbacks: BMW, Merc, Audi FIGHT it out
Three luxury compact cars from BMW, Mercedes-Benz and Audi now run on Indian roads. Choosing the best of the trio is no easy task.
Most ICONIC buildings in the world
Buildings define cities, culture and at times economic prosperity.
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| October 14, 2013 | | BSE: Top gainers and losers
The 30-share Sensex ended up 79 points at 20,608 and the 50-share Nifty gained 17 points to close at 6,113.
Reliance profit up 1.5%, turnover tops Rs 1 lakh crore
Reliance Industries on Monday reported Q2 net profit at Rs 5,490 crore from Rs 5,409 crore a year earlier.
More bad news for the Indian economy
The ongoing economic slowdown seems to have weighed down on the confidence of India Inc.
3 Americans win Nobel prize for economics
Three American scientists won the 2013 economics Nobel prize on Monday for research that has improved the forecasting of asset prices in the long term and helped the emergence of index funds in stock markets, the award-giving body said.
VW Vento TSI: Can it take on Honda City, Hyundai Verna?
The German carmaker will not introduce all-new models in 2013. Plans to launch such variants too keep sales going.
COLUMN: Changing the climate of India-US strategic ties
Under the radar, Manmohan Singh and Barack Obama made a great deal of progress in resolving outstanding bilateral issues around climate change.
My work is medicine, says head of 7,248-crore Havells group
The consumer is very conscious of quality, says Qimat Rai Gupta.
Sachin's farewell series: A 10-sec ad to fetch Rs 80K!
The average attendance at Test matches has dwindled over the past few years but BCCI expects a full house in Sachin's last two test matches, against the West Indies.
How Google plans to predict the future; reverse ageing
Google is taking new steps to change the future with its projects that look right out of a science fiction novel.
Kindle Fire HDX: An affordable tablet with great features
Amazon's new 7-inch Kindle Fire HDX tablet packs a punch to keep users hooked to it.
Idea closing in on bigger rivals
Market worth has risen to half that of Airtel and double that of RCom.
Mumbai's Rs 60,000 crore transport projects stuck in red tape
Transport projects worth Rs 60,000 crore are languishing due to red tape, while the city continues to struggle against bottlenecks created by many of them.
Are the new iPhone 5c, iPhone 5s worth the price?
. While Samsung has managed to shake Apple with its big-screen smartphones priced competitively, many still pledge their allegiance to Apple.
Who KILLED Air India? An insider reveals the facts
Year after year, the people in charge and the airline's multiple stakeholders spoke about the need to transform the national carrier into a premier airline. But their plans, instead of taking Air India to the promised heights, brought it down.
Mobile TV catching up with Indian users
Vendors in India shipped 9.3 million smartphones in the second quarter of 2013 against 3.5 million in the same period of 2012.
Markets end tad higher led by IT
Markets ended marginally higher, amid a volatile trading session on Monday, led by IT majors.
Why the Indian economy continues to sink
Economic data in coming days will likely offer further evidence of weak growth and high inflation, complicating the Reserve Bank of India's mission of cooling prices without worsening the slowdown and adding to the government's difficulties as it heads into an election season.
PHOTOS: Do Indians spend most hours on leisure? Find out...
Let's take a look at how much time people spend on leisure in some countries, including India.
IMAGES: 25 countries that will see positive or negative growth
Let's take a look at some countries that will see positive or negative economic growth next year.
Inflation accelerates to 6.46% in September
Wholesale prices, India's main inflation measure, had risen 6.1 per cent in August.
Mercedes gets its mojo back
After six years of indifferent performance, it sold more cars than market leader Audi in the July-September quarter.
Rifts between Indian firms, foreign partners increase
Foreign companies no longer need Indian firms to help them run operations in the country.
Economic recovery? It's only ELUSIVE!
Looking at specific industries, the imbalance that has been visible over the past several months persists.
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| October 11, 2013 | | Infosys' refocus on big-ticket contracts starts to pay off
Infosys Ltd's refocus on big-ticket contracts since the return of its founder has begun to pay off as India's No. 2 software services exporter crossed $2 billion in quarterly sales for the first time and pushed up its revenue outlook.
Will Rohan Murty get a bigger role in Infosys?
Rohan Murty, Infosys co-founder NR Narayana Murthy's son, is working as an executive assistant to his father, CEO and Managing Director SD Shibulal said on Friday, addressing concerns about his role.
Jewellers may soon offer higher interest on gold deposits
The biggest bullion-importing bank in India plans to team up with jewellers for the first time to offer a gold deposit scheme, hoping ease of access and attractive interest rates will tempt people to part with their jewellery and relieve tight supplies.
You may have to shell out MORE for gold despite the price drop
Gold premiums in India, the world's biggest buyer of the metal, jumped sharply this week as the festive season began, driving up demand, and supply remained tight.
Nissan launches GORGEOUS Terrano SUV at Rs 9.58 lakh
Garners 6,000 bookings on pre-launch and now has a two-month waiting period.
Further HIKE in Rajdhani, Shatabdi and Duronto fares
Close on the heels of a fresh rise in passenger fares, Railways have decided to further hike the fares of premier trains such as Rajdhani, Shatabdi and Duronto effective from October 17.
The secret behind IndiGo's amazing success
The airline has adopted a counterintuitive strategy of adding new aircraft and expanding capacity amid the slowdown, which seems to be paying off.
Tata launches Nano CNG at Rs 2.52 lakh; offers superb mileage
India's most fuel efficient IC-engine car that gives 36 km/kg.
COLUMN: The irony of India story
Hopes for India's long-term growth have never been lower, but the likelihood of that growth has never been higher.
Will BlackBerry co-founders buy the company?
BlackBerry co-founders Mike Lazaridis and Douglas Fregin are considering a bid to buy the struggling smartphone maker, according to a securities filing on Thursday, raising the prospect of an alternative to a $4.7 billion offer led by its top shareholder.
COLUMN: Indian promoter-CEO is answerable to nobody
There is no shortage of businessmen in India who have run their firms into the ground, putting into jeopardy money given to them by small shareholders.
Murthy magic: Analysts see bright future for Infosys
Analysts said the company has set conservative revenue guidance that they expect it to beat.
Sensex soars 256 points, Infosys at 30-month high
The 30-share Sensex ended up 256 points or 1.3% at 20,529 while NSE Nifty ended up by 75 points or 1.3% at 6,096.
Infosys raises revenue guidance, net up at Rs 2,407 crore
Infosys on Friday reported a consolidated net profit for second quarter up 1.6 per cent year-on-year to Rs 2,407 crore.
Does India have cheapest mobile broadband? Find out...
Let's take a look at some countries, including India, and the price of mobile broadband connection.
Places where gamblers spend MOST of their money
They spend ten times more money in Macau than in Las Vegas
Walmart keeps the door open for India retail play
American retail major Walmart has snapped ties with Indian partner Bharti but its plans to enter the country's multi-brand retail space appears intact.
Will reshuffle bring back growth at Wipro?
In a massive top-level reshuffle last week, Wipro, India's third-largest IT services firm, announced the exit of Anand Sankaran who was handling a major chunk of the company's overall business.
Raghuram Rajan: A lucky mascot for the rupee
Rollback of July tightening measures indicates comfort on currency but a repo rate hike is around the corner.
Retire or not, Sachin to remain a DARLING with brands
Paying tribute to Sachin Tendulkar, who has decided to hang up his boots after playing
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| October 10, 2013 | | Google Chromebooks in India from Oct 17
Search giant Google on Thursday said Chromebooks will be available in India from next week, more than two-years after they were launched globally.
After Aakash, DataWind launches low cost phablets at Rs 3,999
DataWind has launched affordable phablets or tablets with voice call facility at prices starting from Rs 3,999.
Indian economy: Why we shouldn't be complacent
The tide began to turn in early September with the new Reserve Bank of India governor's confident and well-considered initial policy statement on September 4.
Brand Amma's throwaway pricing
Jayalalitha is rapidly expanding her brand into products that people come in contact almost daily.
IMAGES: JLR keeps Tata Motors in cruise control
JLR's product pipeline and margin uptick will ensure good revenue and profit growth.
Cooperative temper needed to take on global crisis: PM
Calling for cooperation among Asia Pacific countries to tackle the global economic uncertainty, Prime Minister Manmohan Singh on Thursday said the vast growth
SPECIAL: McDonald's sees a lot more happening over burger & coffee
World's second-largest fast-food chain to launch its McCafe coffee brand in India on Monday.
COLUMN: Why is it hard for founders to step down?
The question holds significance in the light of investors' call for Bill Gates to step down as Microsoft chairman.
How Facebook plans to motivate Indian voters
New app propels civic engagement, using known tools and similar experience abroad, in another effort to use social media's power.
Does India have the longest working hours? Find out...
Let's take a look at some countries, including India, where people have longest working hours.
India among RISKIEST locations to open a data centre
Ease of doing business and power security are two biggest challenges in the country.
Looking for a quick promotion? Try these companies...
Let's take a look at some companies that have been ranked best when it comes to quick promotions.
Sensex up 24 points in choppy trade ahead of earnings season
Investors have turned cautious and parked their funds in less risky and fundamentally strong stocks ahead of the second-quarter earnings season.
Waiting for iPhone 5s, 5c? You can buy one this Diwali!
Apple, the iconic maker of iPhones and iPads, said the latest models of its smartphones
Forget the gloom! India's household wealth zooms
India has seen rapid growth in wealth creation between mid-2012 to mid-2013 as the household wealth in the country has increased by 7.4 per cent to $3.6 trillion during the period, says a report.
Why elections are a big risk for stock market
The BSE Sensex will only manage a 4 per cent gain in 2013.
Apple may launch new iPad on Oct 22
New versions of the iPad, which will go up against Amazon.com Inc's latest Kindle Fire tablets and other gadgets made by Samsung Electronics.
Porsche launches stunning Panamera at Rs 1.19 crore
German car maker Porsche has launched the new generation of its sports car Panamera in India.
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| October 09, 2013 | | Cost cutting? Ministers, top officers can still fly first class!
Austerity measures announced by the government to rein in the fiscal deficit will not apply on air travel by ministers and senior officers going abroad on official visit.
BSE: Top gainers and losers
The 30-share Sensex rose 265.65 points to end at 20,249.26 and the 50-share Nifty gained 79.05 points at 6,007.45 levels.
Downturn? India to have 3.02 lakh millionaires by 2018!
At present, the country has 182,000 millionaires, Credit Suisse Research Institute said in its fourth Annual Global Wealth Report 2013 released in Mumbai on Wednesday.
From Kabul to Guangzhou, SpiceJet goes global
SpiceJet is expanding international operations to improve dollar earnings and offset losses caused by currency rate fluctuations.
Indian IT outsourcers want a bigger byte out of Europe
Big Indian IT companies, heavily reliant on the US market and eager to diversify, have intensified efforts to crack continental Europe.
Samsung launches world's first smartphone with curved screen
Samsung Electronics Co Ltd on Wednesday launched the world's first smartphone with a curved display, a variant of the Galaxy Note which moves the Asian giant a step closer to achieving wearable devices with flexible - even unbreakable - screens.
September trade deficit narrows to 2-1/2 year low
The deficit for the month stood at $6.7 billion, the lowest level since March 2011, compared with $10.9 billion in August, the trade ministry said.
Which one of these will WIN the world's BEST car title?
The cars will be competing with the likes of BMW, Jaguar, Mercedes-Benz, and Porsche.
Starved of gold, Indians may import record volumes of silver
Higher silver demand in the world's biggest buyer may help support prices, which have fallen almost 30 per cent this year on the international market.
It's official. Wal-Mart, Bharti deal is over
Retail giant Walmart and Bharti have decided to part ways.
Investors cheer Sep trade data, Sensex regains 20k
The broader markets ended higher with mid-caps and small-caps adding 0.5-0.8 per cent on the E.
19 banks that have most HEALTHY books in the world
Let's take a look at some financial institutions that have healthy books.
Bentley Flying Spur: The billionaire's dream machine
When you are paying Rs 3.1 crore for a car, it is surely a matter of emotions, rather than rationality, and the new Bentley Flying Spur is an example.
15 countries that have the MOST Twitter users
With the company preparing to go public, let's take a look at some of its biggest markets.
What makes G2 the best smartphone from LG
The new smartphone from LG is easy to hold and does not seem too big in hand despite the big screen.
Why Indians FEAR rapid economic growth
The fear is that we in India are really not ready for a society where the social order is disrupted, says .
US debt crisis can cause global financial turmoil: IMF
The IMF has warned that an imminent debt default by the US due to the government shutdown would result in disruptions in financial markets and could possibly trigger global economic turmoil.
BMW to launch stunning 3-Series GT model in India
German luxury car maker BMW on Tuesday said it plans to launch its new model 3-Series GT in India and also start its production in the country by early next year.
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| October 08, 2013 | | India to stick with austerity despite looming election
The finance minister's vow to contain the deficit means there will be little room ahead of a tough election to spur growth.
IMF cuts India growth estimate to 3.75% in 2013
The IMF, in its latest World Economic Outlook report, also said India is among the economies that may require more tightening to address inflation pressure.
CHEAPEST places in the world to buy an iPad; India ranks 5
Argentineans pay almost double of Indians to buy the tablet.
Domestic car sales up 0.73%
Total sales of commercial vehicles were down by 26.95 per cent to 51,680 units from 70,746 units in the year-ago period, SIAM said.
Now, Aadhaar-linked accounts to be basis for mobile payments
The SMS-based application extends DBT's payment architecture to individuals, where their Aadhaar number will be linked to their bank accounts at the back-end.
Why inflation is so high in India
India's rampant inflation remains a hotly debated puzzle.
How Telangana stir has hit business in Andhra Pradesh
The region remained powerless for a second day, as employees of the state's power generation, transmission and distribution companies stayed away from work, in protest.
Markets end higher led by heavyweights
ICICI Bank, L&T, Bharti Airtel, ITC and Sun Pharma lead gains in noon trades.
Galaxy Note 3: Takes the phablet craze one step further
It's light weight, has a long battery life and a HD display; but is also pricey.
Why Skoda Octavia scores over Hyundai Elantra
Performance wise, the Elantra's 1.8-litre petrol and 1.6-litre diesel engines provide great thrust initially, but tire on reaching the 150 kmph mark. Octavia is a more sensible choice.
How lazy investors can make money
Fund houses offer certain all-encompassing schemes which, for practical reasons, should have little place in your portfolio.
Maruti launches anniversary edition Alto 800 at Rs 3.12 lakh
This follows three other special edition Maruti launched recently - WagonR Madhavan Signature Edition, Alto K10 Musik edition and Ertiga Feliz edition.
Honda to launch 2015 City with a DIESEL engine next year
The car will be based on the new Jazz.
LG launches 8.3-inch G Pad tablet with sharper display
Plans to take on Apple Inc's dominance in the popular small-sized tablet market.
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| October 07, 2013 | | BSE: Top losers and gainers
The 30-share Sensex ended down 21 points at 19,895 after hitting a high of 19,921 and a low of 19,648 and the 50-share Nifty ended down 1 point at 5,906 after hitting a high of 5,912 and a low of 5,826.
US govt remains shut down as debt default looms
As the US government shutdown enters its second week there were alarming signs today that the world's largest economy was headed for an unprecedented debt default and the American political deadlock on the budget could have potentially catastrophic global consequences.
Angry Bird Chocolates arrive in India
The Cocoa Trees have launched Fazer Angry Bird Sweets, Lollipops, Chocolate Eggs and Chewing gums into the market.
25 countries that spend MOST on alcohol, gambling
Let's take a look at some of the biggest spenders on bad habits.
D-street cautious ahead of September quarter earnings
Second quarter earnings of companies, starting with the Infosys results, export-import numbers and industrial production data, could keep markets volatile in the week ahead.
How the noose around Jignesh Shah was tightened
The showcause notice by the Forwards Market Commission to promoters of National Spot Exchange Limited on Friday, including Jignesh Shah, is the culmination of a series of steps by the authorities to tighten the noose around Shah.
Why Nirmalya Kumar accepted the Tata offer
Back in India, Nirmalya Kumar says he has achieved the academic goals he had set and it is now time to learn new things.
10 states with highest number of mobile users, UP tops
India has the second largest number of mobile subscribers in the world.
Samsung Galaxy S4 Zoom: Is it a good phone or a camera?
To the purist, the Samsung Galaxy S4 Zoom annoys with its hybrid functions of camera and phone. But to the enthusiast, it is a good, ready-at-hand option
Indians MOST COMMITTED to their employers
Compensation, which is often perceived as the single-most important reason for choosing an employer, ranks the third-most important at 26 per cent globally.
Sensex ends flat amid volatile trade
Markets ended flat, amid a volatile trading session on Monday, as gains in TCS and metal shares helped offset most of the losses in financials.
World's LARGEST cruise ships
Earlier a mode of travel, they are now holiday destinations that house all modern-day facilities and world-class entertainment.
Is it all over between Bharti and Walmart?
The US firm puts the lid on possible front-end deal, says retail franchise with Bharti not tenable as base
Sensex firms' profit growth likely to be pale
IT, pharma and a few other sectors may see gains, but it will be pain for most in September quarter.
Countries that have the BEST workforce
India lacks behind and ranks 78 out of 122 countries that were assessed.
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| October 04, 2013 | | US shutdown enters 4th day, Obama cancels trip to Asia
President Barack Obama on Friday cancelled his trip to Asia to attend two key summits due to the US government shutdown that entered its fourth day even as efforts to break the political standoff between Republicans and Democrats over the budget failed to make any headway.
BSE: Top gainers and losers
The 30- Share BSE Sensex ended 19924 up 22 points or 0.11 per cent, while the broader 50-share NSE Nifty closed down by 2 points or 0.01 pct at 5907.
US shutdown: Understanding the real problem
Dysfunctional US politics may set off another crisis.
For sensitive info, Indians prefer SMS, email over phone call
Text or email is comparatively an impersonal medium and people feel less hesitant to speak their mind.
Bill Gates, Ballmer seek re-election to Microsoft board
Microsoft Chairman Bill Gates and retiring Chief Executive Steve Ballmer are standing for re-election to Microsoft Corp's board of directors, despite recent moves by some investors to reduce their influence.
Top 5 Android smartphones priced at Rs 20,000 - Rs 30,000
Android smartphones in the Rs 20,000 to Rs 30,000 price bracket offer almost all features that are packed in top-of-the-line handsets.
PHOTOS: 10 countries that are favourite of high-tech companies
Let's take a look at some nations that are favourite of high-tech firms.
Market ends flat, Sep PMI weighs
Broader markets outperformed the benchmark indices marginally; E Small-cap ended 0.5% higher while mid-caps were up 0.2%.
Maharashtra plans another city, 80 km off Mumbai!
As a part of its plan to decongest Mumbai and Navi Mumbai, the Maharashtra government proposes to develop a third city in Uran, 80 km away from Mumbai in the Raigad district.
BMW 1-Series offer the best driving experience in its segment
It instantly puts a wide grin on the driver's face.
Skoda launches Octavia sedan at Rs 13.95 lakh
Three years after it discontinued selling Octavia in the Indian market, Skoda Auto India on Thursday relaunched the premium sedan priced between Rs 13.95 lakh and Rs 19.45 lakh.
IMAGES: 24 car companies that saw biggest jump in sales
Let's take a look at some car companies that saw biggest rise in sales.
Top retirement destinations in the world
These countries off easy life, better access to healthcare and cheaper cost of living.
Buildings that will change India's skyline
Let's take a look at some of the world-class buildings are coming in different Indian cities.
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| October 03, 2013 | | Income Tax officials raid diamond traders in Mumbai, Surat
Traders were producing fake purchase and sale billing receipts and also availing multiple loans on one consignment.
Mamata threatens action if Bengal refused loan waiver
Last Monday, she termed the Centre's silence over loan repayment restructuring as a 'political vendetta' to ruin Bengal.
Faltering Air India looks set for take-off
After several failed attempts, the state-owned carrier finally seems to be on track to become profitable as turnaround plan gains traction.
Remittances: India tops the global chart
As a percentage of GDP, the top recipients of remittances, in 2012, were Tajikistan (48 per cent), Kyrgyz Republic (31 per cent), Lesotho and Nepal (25 per cent each) and Moldova (24 per cent).
Why Chidambaram may be forced to wield the Budget knife
P Chidambaram will make a final decision on whether to go ahead with the cuts at the end of October, when he gets an update on revenue collections.
PHOTOS: 25 best countries for workers
Let's take a look at some of the best nations for employees.
India shining? Poor states continue to lag behind
For some sort of convergence among states, the recent outperformance by poor states has to continue for a long time.
Sky-high fares hit air travel in India
The average load factor for November stands at 75 per cent, as leisure travel records a rise at this time.
US govt shutdown: No progress on stalemate
Obama told lawmakers that he is not going to negotiate over the need for Congress to act to reopen the government or to raise the debt limit to pay the bills Congress has already
Has the Rajan panel BETRAYED Bihar?
While the rest of India marches towards the promised destiny of 'progress', Bihar - the heart of India- is doomed to poverty and the injustices of a caste-based society.
Infosys expected to raise FY14 revenue estimate
Company had pegged FY14 revenue growth at six-10% earlier
Tablets below Rs 20K? Yes and they are not even Chinese
The Indian tablet market has been dominated by Chinese or local players.
Brick by brick, Indian realty story crumbles
Housing launches drop up to 59 per cent in key markets; IT hub Bangalore only exception
Investors cheer China data, Sensex up 385 points
The broader markets ended higher with mid-caps and small-caps adding 1-1.3 per cent on the E.
Apple topples Coca-Cola to emerge as world's TOP brand
Let's take a look at some of the biggest names in the globe.
A stellar beginning for Tata's 'Mistry man'
Profit in FY13 up 18% to Rs 3,713 crore, dividend income jumps 37%
Why Bill Gates should step down from Microsoft
Compared to its peers, the company has not created shareholder value in the past 10 years.
Jewellers suffer as India tries to curb gold imports
Some are eying the competitive markets abroad.
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| October 01, 2013 | | India ranks 78th on human capital index
While India has scored well on parameters like workforce and employment, it has fared poorly for health and wellness of its labour force, WEF said.
US shutdown: What it means and will it impact India?
The US government began a partial shutdown on Tuesday for the first time in 17 years.
BSE: Top gainers and losers
The 30-share Sensex was up 137 points at 19,517 and the 50-share Nifty was up 45 points at 5,780.
Bentley drives in new Flying Spur at Rs 3.1 crore
Luxury carmaker Bentley on Tuesday launched its all new super premium sedan Flying Spur priced at Rs 3.1 crore.
Does India have the most ATMs in the developing world?
Let's take a look at how many ATMs countries in emerging markets have and how many use mobile phone to receive money.
Column: Decoding Governor Rajan
Raghuram Rajan's signal of a neutral stance is at odds with concerns about inflation and markets' revised expectation of more increases in the repo rate
The real culprit behind the hike in onion prices
The most plausible suspect for the price surge, therefore, is the inability of the market to channel onions from growers to consumers without too many intermediaries adding to costs.
Hyundai, M&M sales down; Maruti's up 12%
The company said its domestic sales increased by 1.8 per cent during the month to 90,399 units as against 88,801 units in September last year.
India's 10 BEST companies to work for
Google has been ranked as the best company to work for in India.
What the US government shutdown is all about
As many as 1 million U.S. federal employees could face unpaid furloughs or payless paydays.
Markets firm up led by rate banks
HDFC Bank, ICICI Bank, HDFC and SBI contributed the most to the gains in the Sensex up between 2-3% each.
World's LARGEST auto markets; India ranks 7
Emerging markets are fast becoming the biggest car markets in the world leaving behind developed economies such as US, Germany and Japan.
Modi wants Brand India sold globally
Modi said India has not done enough to exploit its full potential to emerge as an effective brand.
Here's proof: iPhone 5S is the fastest smartphone in the world
The company's 64-bit processor scores over all other smartphones on benchmarks test.
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| September 30, 2013 | | BSE: Top losers and gainers
The 30-share Sensex ended down 347 points or 1.8% at 19,380 and the 50-share Nifty ended down 98 points at 5,735.
Current Account Deficit widens to 4.9 per cent of GDP
India's current account deficit is narrower than expected at $21.8 billion, or 4.9 per cent of gross domestic product, in the June quarter.
In time of crisis RBI turns to gods for help
RBI has sent letters to the country's richest temples asking for details of their gold.
How much blackmoney is stashed abroad? Govt has no clear idea
The study was constituted in March 2011 when the nation was debating on the amount of black money stashed within as well as outside the country with figures being projected by politicians and civil society to lakh of crores.
Is Surajkund an attractive real estate hotspot?
Of late, Surajkund has been hyped as an attractive alternative real estate destination on the Delhi-National Capital Region (NCR) map.
No clinical trial of new drugs for now: SC
The court had earlier said that clinical trials of untested drugs on humans require certain mandatory standards to be followed and had also directed the government to put in
Will Tata Nano make for a good police patrol car? Your say...
The Nano patrol car is fitted with visual and audible warnings, which include beacons, a siren and search lights apart from a medical kit.
Images: World's first 'INVISIBLE' skyscraper
South Korea will build a 450-meter tall Tower Infinity, a building that can go 'invisible'.
Eight countries that have BIGGEST share of immigrants
Let's take a look at nations that have sizable share of immigrant population.
Raghuram Rajan on the right track to save economy
Everything seems to be falling in place for the new RBI governor but there is a need to prepare for the imminent tapering by the Fed.
The rupee alone can't resurrect India's fortune
The true upside in exports will only emerge when the competitiveness of an industry improves to a fundamental and sustainable level, and if we place our bets as a country in the right sectors and countries
Slowdown takes a toll on airline CEO salaries
Amid turbulent times in the aviation space, top executives of listed carriers have seen their salaries coming down, with low-cost SpiceJet's Chief Executive Officer (CEO) taking the biggest cut.
Rupee falls, yet Sept best month in a year
After trading hours, the government said the June-quarter current account deficit widened to $21.8 billion from $18.1 billion in the previous quarter.
Sensex slumps 350 points, US shutdown fears loom
Markets ended nearly 2% lower on worries over a probable US government shut down weighed on investor sentiment.
Women get upper hand in property DISPUTES
A resolution depends on the the kind of property held jointly and the ownership pattern
IMAGES: Unusual hotels around the world
Check out some of the unusual hotels around the world.
25 banks that target only the world's RICHEST families
Let's take a look at some banks that manage the wealth of richest families.
Petrol price cut by over Rs 3 a litre, diesel hiked
Petrol price has been cut by Rs 3.05 a litre.
Eight core sectors grow by 3.7% in August
The core industries, which also include coal, natural gas, refinery products and crude oil, having a weight of about 38 per cent in the Index of Industrial Production, grew
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| September 27, 2013 | | 15 AMAZING facts that trace the rise of Google
Let's take a look at some amazing facts that trace its history.
Card fraud: Banks can't shrug responsibilities
The acquiring banks have to pay the amount paid by the bank without doubt within three working days of the issuing bank raising the claim, failing which the RBI would be
Google looks for talent in BlackBerry's backyard
Motorola and Google are growing their presence in Waterloo.
Google launches 'Hummingbird' on 15th birthday!
Google Inc has overhauled its search algorithm, the foundation of the Internet's dominant search engine, to better cope with the longer, more complex queries it has been getting from Web users.
59-60 right value for rupee, says Chidambaram
The Indian currency on Friday traded at 62.48, down 41 paise against the US dollar at 1645 hours.
Dedication, not money, matters during calamities: Nita Ambani
Kickstarting relief work for over 25,000 people affected by floods in Uttarakhand, Reliance Foundation Chairperson Nita Ambani has said that it is the dedication and sincerity towards lending a helping hand that matters more than money during times of natural calamities.
Anti-retail-FDI Mamata cool with foreign brands
Mamata Banerjee, who had pulled out of UPA-II over FDI in retail, among other issues, would dedicate mall to people of Kolkata.
Steve Ballmer bids farewell at last Microsoft employee meeting
Microsoft Corp Chief Executive Steve Ballmer took his farewell bow before thousands of applauding employees on Thursday with a typically loud and emotional performance at his last companywide meeting, talking up the software giant's prospects and taking swipes at rivals.
Is the Nokia Lumia 1020 impressive?
The 1020 has to live up to the perception of an imaging device.
Mr Prime Minister, bring up immigration issue directly with Obama
The comprehensive Senate immigration reform legislation, America Inc thinks, will adversely affect Indian IT companies and will have an inimical spillover impact on American firms too.
Soon, RBI to stop cash back on home loans
After banning 0% interest rate, central bank could crack down on EMI waiver too.
Rupee snaps two days of gains; closes at 62.52
Forex dealers said besides selling of the American currency by banks and exporters, easing of norms by Reserve Bank for providing swaps to banks that are borrowing funds overseas and a higher opening in the domestic stock market
IMAGES: 25 airlines flying oldest planes in the world
Let's take a look at some airlines having oldest fleet in the world.
PHOTOS: 18 biggest fast-food chains in the world
Let's have a look at some of the biggest fast-food chains in the world.
The secret behind redBus' success story
redBus.in is the second highest transacted travel website in the country, next only to IRCTC.
World's best selling cars; Swift ranks 20
Competing with the cars from big auto companies, Swift and Swift Dzire have made its way into the top 20.
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| September 26, 2013 | | BSE: Top losers and gainers
The Sensex ended higher by 38 points at 19,894 mark and the Nifty was up by 8 points at 5,882 levels.
Philanthropy has to be spontaneous, can't be forced: Premji
Referring to the issue related to Corporate Social Responsibility (CSR), which has been made mandatory by the new laws that govern companies, IT czar Azim Premji on Wednesday said philanthropy cannot be forced and it has to be spontaneous.
Sachin, Dhoni, Shah Rukh, Salman's tax accounts also hacked
According to police, during the probe of the case of a Hyderabad-based young CA student hacking into the IT account of Ambani, it has emerged that the business tycoon's account was also fraudulently accessed from Noida.
PHOTOS: No Gujarat on Rajan's list of 7 most developed states
Raghuram Rajan panel report has made a case for ending the 'special category' criteria.
Why the new pay panel spells doom for India's finances
Central pay commissions in the past have usually been set up after every 10 years and the 10-year period of the current sixth central pay commission would be over by 2015.
Ban on zero-interest schemes, a boon for customers
The apex bank is taking away the 'psychological hook' that schemes with zero interest have on consumers.
Rupee hits 1-week high as foreign banks sell dollars
The rupee on Wednesday settled at 62.44 against the dollar, up 31 paise over the previous close.
Asia-Pacific to be biggest home for super-rich by 2014
In 2012, the number of HNIs in the region increased 9.4 per cent to a record 3.68 million and their collective wealth grew to $12 trillion.
IMAGES: 16 major foreign acquisitions made by China
Let's take a look at some of the biggest acquisitions carried out by Chinese companies in recent years.
Mumbai is the 2nd MOST HONEST city in the world
A survey conducted by Reader's Digest magazine reveals how people across different cities reacted after finding lost wallets.
Samsung to launch smartphone with curved display in October
Curved displays are an early stage in screen evolution, which is shifting to bendable or foldable designs.
Amazon unveils two powerful tablets
It has a feature which instantly brings up a video chat with a tech-support representative who can tell a user how to operate the device.
Fiat launches Linea Classic at Rs 5.99 lakh
it is a low-cost variant of the Linea, which will cater to entry-level sedan segment.
The 12 best selling aircraft in the world
These aircraft are still in production and also used for civil purposes.
Nokia launches Lumia 1020 with 41 megapixel camera
The price of the device will be disclosed on October 10 but as per estimates, it will be available in the range of Rs 47,000-Rs 48,000.
'Crores spent on populist schemes hits the economy'
In a veiled reference to various populist schemes of the United Progressive Alliance (UPA) government, Arun Jaitley, Leader of Opposition in the Rajya Sabha, "When crores are spent not on asset creation but on populist schemes, it disturbs the economy of the country."
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| September 24, 2013 | | BSE: Top gainers and losers
The 30-share Sensex ended up 19 points at 19,920 after touching a high of 20,050 and a low of 19,783 and the 50-share Nifty ended up 3 points at 5,892 after touching a high of 5,938 and a low of 5,855.
India among most vulnerable economies in emerging markets
Let's take a look at some of these nations, including India.
After AirAsia, Tatas board SIA for long haul
The new alliance will help the Tatas realise their long-cherished dream of flying abroad, while Singapore Airlines will get a foothold in the expanding Indian market
How two IITians are changing the way people commute
Mukesh Jha and Janardan Prasad have founded Autowale, a service that allows you to book an autorickshaw just like radio cabs.
8 most NOTABLE features of Apple's iOS 7
With its latest software update Apple breathes a new life into its iPhone and iPad.
Microsoft revamps Surface tablets to challenge Apple
Microsoft Corp unveiled faster, more powerful versions of its Surface tablet computer on Monday in an effort to boost poor sales of its flagship hardware product and mount a stronger challenge to Apple Inc's iPad.
Office space boom in India, China
Asia-Pacific economies continue to outpace other regions of the world, whose growth prospects have weakened over the first half of 2013.
World's most dynamic nations for business: US fails, China gains
The United States has failed to make it among the world's top ten dynamic nations.
Rupee weakens further by 15 paise to 62.75 vs USD
The rupee lost 37 paise to end at 62.60 against the
Meet Hyderabad-born Prem Watsa, the man who is buying BlackBerry
Often called Canada's version of Warren Buffet, Watsa preaches a long view that suggests it may be too early to assess his decision to take on a leading 10 per cent stake in BlackBerry.
The TALLEST buildings in India
Surrounded by sea on three sides, Mumbai has only one way to expand - vertically. And that's why, most of India's tallest building are located in the city.
Apple sells 9 million 5s, 5c iPhones in first three days
Apple Inc sold a higher-than-expected 9 million iPhone 5s and iPhone 5c models in the first three days following their Friday launch, prompting the company to issue a more optimistic financial forecast.
End of an era: The rise and fall of BlackBerry
Embattled smartphone company BlackBerry Ltd plans to go private in a $4.7 billion deal being orchestrated by its largest shareholder.
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| September 23, 2013 | | BlackBerry 'pauses' global rollout of BBM for Android, iOS
Smartphone maker BlackBerry has paused the global roll out of instant messaging service
These super luxury cars ready to vroom in India
Despite the rupee fluctuations, the coveted brands have lined up a record number of launches.
Is iPhone's fingerprint scanner hacked?
A group of German hackers claimed to have cracked the iPhone fingerprint scanner on Sunday, just two days after Apple Inc launched the technology that it promises will better protect devices from criminals and snoopers seeking access.
Should you be worried if your car is recalled?
The Automotive Research Association of India does a thorough check of all vehicles and if during these tests, parts work to perfection, then the cars are cleared.
Why India Inc admires Narendra Modi
A recent survey of 100 chief executives conducted by Nielsen for The Economic Times said 80 per cent want Modi to become prime minister.
Tata ventures likely to make air travel cheaper in India
With the launch of Tata AirAsia and Tata-SIA, the added capacity will bring down fares considerably, say observers.
Rs 58,000-cr real estate waiting to be SOLD
It could take more than two years to get sold.
5 IT CEOs with the HIGHEST salaries in India
It's not surprising that CEOs in IT companies are among the richest in India Inc.
IMAGES: The stunning Jaipur Metro comes to life
Heralding a great transformation in the state's transport network, Rajasthan Chief Minister Ashok Gehlot on Thursday flagged off the trial run of the Jaipur Metro.
Modi's claim of 8.4% growth during NDA regime false: Chidambaram
Chidambaram's statement was in response to Modi's reported claim of economic growth rate during Vajpayee government being 8.4 per cent.
Most EXPENSIVE cities for business travellers
Though Mumbai and Bangalore featured in the top 25 most visited cities, they are the cheapest for business travel.
25 countries that have least income inequality
Let's take a look at some nations that have low income inequality.
Rupee extends losses vs USD, down 37 paise
The Indian currency was tracking the non-deliverable forwards while lower stock futures also hurt sentiment.
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| September 19, 2013 | | BSE: Top gainers and losers
The 30-share Sensex ended 684 points higher at 20,647 and the 50-share Nifty added 216 points at 6,116 levels.
Tatas, Singapore Airlines to launch new airline in India
Tata Sons has signed a memorandum of understanding with Singapore Airlines to establish a new airline in India.
Blackberry could lay off up to 40% staff: Reports
BlackBerry Ltd plans to slash thousands of jobs by the end of the year, it was reported on Wednesday, just as the company launches a flagship smartphone intended to revive its fortunes.
Onions prices to ease in 2-3 weeks on fresh output: Minister
Agriculture Minister Sharad Pawar said on Thursday onion prices will ease in the next two-three weeks as fresh output arrives from Maharashtra and other states, providing relief to consumers.
Micromax launches 8-inch 'Canvas Tab' priced at Rs 16,500
Confident with the popularity of its Canvas phones, Micromax launched its first 'premium' 8-inch tablet.
Starbucks serves a local brew
The cafe chain is adding neighbourhood nuances to its decor and menu as it ventures deeper in India.
How India can build world class cities
Between 2010 and 2050 India is expected to add about 500 million to its 2011 urban population of 377 million.
20 most expensive hotels in the world
Among the 20 most expensive places, the cheapest one charges you an average rate of Rs 115,605 each night. The most expensive can cost you more than three times of this amount.
How to build your wealth in simple steps!
Building wealth is a topic often spoken about by many, but followed by very few. The reason for this is that wealth creation involves time and a lot of effort.
From chefs to cheese, your 5-star dining may soon go local
Rupee's weakness swells import bills of luxury hotel chains & restaurants, forces them to look for domestic alternatives.
Economic recovery? 46.5 million Americans live in poverty
The number of US residents living in poverty edged up to 46.5 million last year, the latest sign that an economic recovery marked by a stock market boom has not trickled down to ordinary Americans.
Fed surprises, sticks to stimulus as it cuts growth outlook
It wants to wait for more evidence of solid economic growth before making any changes.
IMAGES: CEOs making billions through company stocks
Let's take a look at some chief executives making billions thanks largely to stocks.
PHOTOS: 28 countries spending most on road infrastructure
Let's take a look at some countries spending a lot on improving their roads.
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| September 18, 2013 | | With economy sinking, India gets tough with 'babus'
India's finance ministry on Wednesday ordered small-bore austerity measures including a ban on holding meetings at five star hotels and creation of new posts in federal departments, at a time when government revenue growth has slowed down.
BSE: Top gainers and losers
Markets ended on a strong note after an extremely volatile trading session this Wednesday, on back of significant buying witnessed in the realty and bank spaces.
RBI, FinMin mull steps for cheaper auto, home loans
Reserve Bank of India Governor Raghuram Rajan, who will present his maiden policy on September 20, held discussions on Tuesday with Prime Minister Manmohan Singh and Finance Minister P Chidambaram on the macro-economic situation.
10 business people we'd like to see contesting the next election
Will Nandan Nilekani actually fight the elections? While the I-T czar says the question is speculative, here's our list of 10 eminent business leaders who should get on the stump.
BlackBerry unveils the Z30 with 5-in display, updated OS
The phone has bigger battery, better audio and the antenna is based on a newer technology that allows better reception and faster browsing.
A few useful tips to avoid financial crunches
Managing your finances efficiently is extremely critical in financial planning.
Why onion prices are as high Rs 80/kg?
Onion prices both in wholesale and retail markets in most parts of the country have seen a sharp increase since July.
Meet the nuclear physicist who builds ports
If you are proud of your birthplace you will be happy, says Vijay Papparao, in a conversation with
Flipkart: From a revenue-guzzler to an asset-light e-tailer
The company has often come under scrutiny for being dismissive about 'profitability' and unmindful of the high cost of running an inventory-led business, aided by deep discounts and free shipping.
We need to look beyond gloom & doom: Mukesh Ambani
Sounding confident that the economy will overcome the current crisis, Reliance Industries chairman Mukesh Ambani said there is a need to look beyond the gloom and doom.
Polo GT TDI: Most powerful diesel car in its segment
The hot hatch comes with the right balance of power and mileage.
Why reviewers love the new iPhone 5S
The fingerprint reader on Apple Inc's top-end iPhone 5S received an early thumbs up for ease of use from two influential reviewers.
How Pakistan, China get sensitive information on India
The government believes heightened awareness among its staff could be the only effective way to counter attempts of foreign agencies.
Why Ranbaxy's big setback is not yet OVER
US drug regulator's fiat on Mohali factory, after strictures on the two other major Indian units, has numerous negative implications.
India Inc optimistic while Asia's business sentiment drops
Business sentiment among Asia's top companies deteriorated in the third quarter, led by businesses in export engines such as China and South Korea, ending three consecutive quarters of improving sentiment.
Bombardier CSeries: Will it replace Boeing, Airbus?
Bombardier Inc's CSeries jetliner successfully completed its first flight on Monday, a key step in a $3.4 billion program to develop the first all-new narrow-body plane of its size in decades that the company hopes will increase sales.
PHOTOS: How the journey of mobile phones began 40 years ago
Let's take a peek into the journey of mobile phones.
China opens world's HIGHEST civilian airport
China opened the world's highest civilian airport on Monday, in a restive and remote Tibetan region of southwestern Sichuan province, which will cut journey times from the provincial capital from two days to a little more than one hour.
World's best cities to live in and do business
New York is the world's best city to do business, live in and visit, says a global study conducted across 24 countries.
IMAGES: Which is the largest automaker in the world?
Let's take a look at some of the biggest manufacturers of vehicles in the world.
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| September 17, 2013 | | In search of NSEL stock, a money puzzle unravels
Visits made by Business Standard to several borrowers in Ludhiana, Panchkula, Delhi, Mumbai, Ahmedabad and Hyderabad found that several borrowing entities have links to real estate.
We cannot afford to subsidise petroleum products: Montek
Planning Commission Deputy Chairman Montek Singh Ahluwalia says investors are aware the government is addressing various problems in the economy.
It's the GDP, stupid
'India should exit Hubristan and stop patting itself on its back for 5 years of rapid growth, and all the Rolls Royces, BMWs and private jets owned by its billionaires, and instead focus on the urgently needed reforms to get GDP growth back in the 7 to 8 pc range and higher,' says .
How Hyundai plans to take on Maruti Suzuki
It will introduce new cars across segments and also target rural India to push up sales.
Samsung unveils Note 3 for Rs 49,900 in India
Both Note 3 and Gear will be available in 100 stores in Delhi, Mumbai and Bangalore from Tuesday.
Why India cannot grow as fast as China
In the past two decades China grew at a breakneck speed keeping its debt low and the quality of its infrastructure high.
Free Android app for women's safety
All one has to do is set some emergency contacts and your phone will send them an emergency SMS with a preset message.
Bill Gates tops Forbes rich list as Americans get richer
The richest 400 Americans are significantly richer in 2013 than they were last year and younger Americans are accumulating wealth at a faster clip than their baby boomer counterparts.
IMAGES: 15 most attractive countries for expatriate workforce
Let's take a look at nations most attractive to those seeking employment overseas.
Rolls-Royce grows an Indian heart
Patronised by maharajas for decades, it is customising now with deeper distribution and car editions.
India among countries with highest unemployment rate
Countries such as Pakistan, Indonesia, Kazakhstan, and Sri Lanka have a lower unemployment rate compared to India.
Want to scribble on your phone? Try Micromax Doodle 2
The Doodle 2 is for those who like to draw or scribble on their phone and picks up where its predecessor, the A111 Canvas Doodle, left off.
US firms back India's case on immigration Bill
IBM writes to US Congress; Premji meets Biden
Revealed! Toyota to launch Innova facelift within 20 days
There would be a new top-end variant called the Z, which will cost Rs 17.5 lakh.
5 reasons why stock markets think Modi is good for them
CEOs have voted for a strong leadership, intent, decision and action, which Modi has demonstrated in Gujarat.
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| September 13, 2013 | | Petrol price hiked by Rs 1.63 a litre; 7th increase since June
Petrol price has been hiked by Rs 1.63 per litre, excluding VAT, with effect from midnight tonight.
BSE: Top losers and gainers
At close, the Sensex was down 49 points at 19,733 and the Nifty was relatively unchanged at 5,851.
Ford recalls 1.66 lakh units of Figo, Classic
The recall will impact different batches of Figo and Classic models manufactured between January 2010 and June 2012.
'Petrol price hikes to help meet fiscal deficit target'
Although the government has started phasing out the subsidy on diesel sale, it continues to supply kerosene and LPG cylinders at subsidised rates.
Rupee at current level is well corrected: Rangarajan
The rupee has recovered to trade at 63 level after hitting its life-time low of 68.85 towards August-end.
House prices tumble as buyers delay purchases
As stricter RBI guidelines, rising inventory and the slowing economy leave developers reeling, buyers are bargaining harder to strike a deal.
RBI to keep monetary policy tight till rupee stabilises: PMEAC
The time frame for this is difficult to specify and much depends on stability in the foreign exchange markets, Prime Minister's key economic advisor C Rangarajan said.
Why Rangarajan thinks India should not be downgraded
Recently, Standards and Poor's had said that there is one third possibility of a rating downgrade of India.
The ugly spat between Vikram Bakshi and McDonald's
The war of words that has broken out between Vikram Bakshi and McDonald's Corporation is the latest in the long list of ugly spats between Indian businessmen and their overseas collaborators.
PHOTOS: Twitter takes first step toward going public
Twitter has filed for an initial public offering with US regulators.
Markets turnaround: Why we shouldn't be complacent
Some commentators now expect the current account deficit for this year to drop below $70 billion.
PM's advisory council lowers growth forecast to 5.3%
The Prime Minister's Economic Advisory Council has projected India's GDP growth at 5.3 per cent in 2013-14.
BlackBerry 9720 is a GOOD buy at Rs 15,999
The 9720 comes in the classic BlackBerry shape and the Qwerty keyboard is easier to use than the BlackBerry Q5.
Asian countries with the richest people: India at No 3!
The world's richest are getting richer despite the economic crisis.
Falling rupee is not about gloom and doom only
The German sportswear brand Puma's India arm, Puma Sports India (Puma), has found a way around despite a high proportion of imports.
IMAGES: 25 most open economies in the emerging world
Let's have a look at some of the most open economies in the emerging markets.
This monstrous Brabus B63S makes a Hummer look SMALL
Powering this monster is a 5.5-litre V8 Bi-Turbo engine with the Brabus B63S tuning that produces 960Nm of torque.
Delhi has the HIGHEST per capita income in India
The per capita annual income in the national capital has increased to Rs. 2.01 lakh in 2012-13 compared to Rs 1.73 lakh in the previous fiscal, which is three times the national average and highest in the country.
Suzuki unveils NEW Swift at Frankfurt Motor Show
The new version has LED daytime running lights and silver detailing to the lower front bumper.
15 AMAZING facts that trace the rise of Google
Let's take a look at some amazing facts that trace its history.
India's messy economy: Blame the non-functioning govt
Persistent deficits, galloping inflation, stalled infrastructure showed up a non-functioning government.
World's CHEAPEST Jaguar to take on BMW, Audi
The car offers high emotional appeal with performance to match.
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| September 12, 2013 | | BSE: Top losers and gainers
The Sensex closed down 216 points at 19,782 and the Nifty slipped 62 points at 5,851.
Petrol may be cheaper by up to Rs 1.50/litre
Petrol prices may be cut by as much as Rs 1-1.50 per litre next week on falling international oil rates and appreciating rupee but a one-time hike in diesel
'RBI to get glimpses of Rajan's technical acumen soon'
A few market and economic indicators have begun looking up, thanks to what many term the 'Rajan effect'.
Why thousands are losing jobs in India
India Inc's hiring outlook has become the weakest in the past eight years in the Asia-Pacific region, even as job losses have emerged as a critical concern.
These are the BEST countries to live and work!
Let's take a look at some nations that offer best environment for living and working.
Why India's economy is in such a mess
Investors have lost confidence in the economy, says Professor Arun Kumar, Sukhamoy Chakravarty Chair at the Centre for Economic Studies and Planning, Jawaharlal Nehru University.
IMAGES: The magical Apple iPhone through the years
Since its launch in 2007, iPhone has always been the benchmark for smartphones. It has revolutionised the way smartphones looked, felt and worked.
Apple, Google back in court over mobile phone patent lawsuit
Apple and Google subsidiary Motorola Mobility on Wednesday squared off in court over whether a judge should reopen a lawsuit in which the companies accuse one other of illegally using their patented mobile phone technology.
Former US Ambassadors call for India friendly immigration norms
Five former American ambassadors to India have written to top US lawmakers urging removal of visa provisions which, they say, are not in US economic interests and also stand to complicate relations with India.
7 SAFE stocks when the markets are volatile
Their positioning and prospects in the respective sectors should help these companies generate steady cash flows. That they have low debt and are available at reasonable valuations is a bonus.
Stunning cars you would LOVE to drive!
The Frankfurt Auto Show has a glittering showcase of cars from manufacturers across the globe.
Pricing could SPOIL the iPhone party
For many, Apple's highly anticipated launch on Tuesday was to be the answer to consumers in India, China and other emerging markets who craved some iOS magic in their life but could not afford its previous range.
25 economies having highest debt in the world
Let's take a look at economies that have some of the highest debts in the world.
TCS is now world's 2nd most valuable IT firm
With a market cap of $60 billion, exceeds Accenture and HP but trails IBM
Is India among the happiest countries in the world?
Let's take a look at some of the happiest nations.
Rupee becomes Asia's best-performing currency!
With September 11's rise, has appreciated 5.5% in just a week
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| September 11, 2013 | | BSE: Top gainers and losers
The BSE benchmark index -- Sensex closed unchanged at 19,997 and the 50-share Nifty added 16 points to settle at 5,913.
IMAGES: Sachin launches cricket mode LED TV
Toshiba India has introduced a new cricket mode LED TV series in India.
Economic gloom? India sees largest rise in super-rich club
The study focuses solely on persons with a net worth of $30 million and above (after accounting for shares in public and private companies, residential and investment properties, art collections, planes, cash and other assets).
'India needs Rs 2,000 crore a day of capital inflows'
It is time to reform the RBI and the ministry of finance, says Dr Ajay Shah of the National Institute of Public Finance and Policy, New Delhi.
25 countries with BEST and WORST current account balance
Let's take a look at how countries are placed when it comes to current account deficit.
Duvvuri Subbarao: Green horn that locked horns
Under his leadership, RBI kept the domestic markets, to a large extent, alienated from the international meltdown to avoid liquidity or solvency cascades.
These airports spent BILLIONS on development
The list include three Indian airports in Mumbai, Delhi and Kolkata.
How India can take advantage of the cheaper rupee
The rupee's sharp depreciation has been the most important issue in the current debate on the state of the economy.
Rupee: 5 biggest single-day gains
The Indian currency on September 10 rose 141 paise
India's 20 most RESPECTED companies
Tata Consultancy Services has surpassed Infosys to become India's most respected company.
IMAGES: World's coolest futuristic buildings
Some architectural wonders are changing the landscapes of cities. Here are 15 of them.
'Indian politicians do not worry about the nation'
They should open up their market to countries like Australia, Germany, America and other free market economies.
Apple launches 2 stunning iPhones
Apple's 2 new iPhones target high and low-end markets
| | | |
| September 10, 2013 | | BSE: Top gainers and losers
The BSE benchmark index -- Sensex rallied 727 points or 3.77% to settle at 19,997 and the 50-share Nifty surged 216 points to shut shop at 5,897.
Mr PM you are wrong; cheap rupee will not boost exports
Hurdles ranging from erratic taxes throttling special export zones to a cash crunch and clogged ports are killing exports.
IMAGES: Stunning cars you will drive in future
Automakers big and small share their visions for the future.
Mahindra launches Scorpio Special Edition; to sell 500 units
The SUV has leather upholstery in tan and beige, leather wrapped steering wheel, glossy wood finished centre console and roof mounted DVD player.
Domestic car sales up 15.37%
Domestic passenger car sales grew by 15.37 per cent to 1,33,486 units in August this year compared to 1,15,705 units in the same month of 2012.
Can Microsoft win the loyalty of Nokia fans?
Microsoft simply lacks Nokia's retail and supply chain experience in the Finnish company's most important markets.
House prices tumble as buyers delay purchases
As stricter RBI guidelines, rising inventory and the slowing economy leave developers reeling, buyers are bargaining harder to strike a deal.
Why holding on to shares can save tax liability
Don't sell the shares immediately after you get possession. It might translate into tax liability, if not held for one year or more.
Land distribution: Jairam Ramesh bowls a googly
Draft land reforms policy stops religious & educational bodies from using more than 15 acres.
Indian carriers among MOST PUNCTUAL airlines in Asia
Let's take a look at some of the most punctual carriers in the world.
10 blue chip stocks that FIIs are DUMPING
Foreign institutional investors (FIIs) have a reason to worry because the falling rupee is putting at risk the $100 billion they have pumped into Indian equities since 2009.
Syria crisis looms large over stock markets
Shares are likely to remain volatile in the week ahead as uncertainty heightens over Syria.
Are rupee changes linked to elections?
It's an interesting theory but the reality isn't so simple, say experts.
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| September 06, 2013 | | BSE: Top gainers and losers
The 30-share Sensex rose 290.30 points to end at 19,270.06 and the 50-share Nifty gained 87.45 points at 5,680.40 levels.
Is the worst really OVER for rupee?
While the RBI has been intervening heavily in both spot and forward markets to support the currency, especially when it nears its record lows, there are technical signs that the rupee is set for some near-term consolidation.
Don't fear visa curbs, hire locals, says Narayana Murthy
Indian IT industry had expressed concerns over the visa restrictions set out in the US Immigration Reform Bill that could hit their business hard.
Survey shows India Inc firmly in Modi camp
Nearly three-quarters of Indian business leaders believe the government has mismanaged the economy and want opposition leader Narendra Modi to lead the country.
Stagflation: Biggest challenge for Raghuram Rajan
Rajan's call to diaspora can't stem rupee rout.
Rajan's key measures to stabilise the rupee and its impact
Raghuram Rajan - the new Reserve Bank of India (RBI) governor - has announced a slew of measures to attract capital flows in the country to provide support to the rupee which has depreciated around 22% in the current financial year.
India may announce steps to cut fuel use this month
India, where energy consumption per person is among the lowest in the world, has little elasticity in its fuel use as it tries to power exports and agriculture to help boost its economy and stave off a currency crisis.
COLUMN: Is Infosys losing its corporate governance sheen?
There are solid reasons recent observations at the company raise question marks about its adhering to corporate governance in spirit.
Why the fare hike won't help airlines
Price war started by Jet Airways to cap rise in fare across airlines this season.
How Samsung DISLODGED Nokia from the top
Going forward, the Korean company's real competition could be nimble-footed Indian companies, more than the Nokia-Microsoft combine.
Vikram Bakshi set for BATTLE against McDonald's
On August 30, McDonald's had announced in a public notice that Bakshi would no longer be the India MD and the JV would be run by the board.
Coordinate monetary policies, PM tells developed world
QE tapering looms large over G20 summit; Singh says India on path of reforms, difficult ones to come.
Brics to float $100-bn currency pool
China would contribute $41bn towards the pool. Brazil, India and Russia would contribute $18bn each; South Africa $5bn.
How Next-Gen entrepreneurs are minting money
While remaining tied to their family's core business, they are venturing into new areas and even roping in private investors to grow.
IMAGES: Best banks to work for in the world
Let's take a look at some of the best banks for employees in the world.
22 employees who earned more than their CEOs
The compensations are obviously rewards for the stellar performances.
Morgan Stanley slashes Sensex target to 18,200
American brokerage Morgan Stanley on Thursday slashed its Sensex target for the next 12 months to 18,200, citing weakening macro fundamentals of the economy.
Sony unveils Xperia Z1 with mind-blowing 20.7 MP camera
Its 20.7MP camera with an award-winning lens is the main feature of the phone.
Luxury hatches: BMW 1 Series vs Mercedes A Class
BMW has a huge task of luring buyers. Mercedes managed 400 booking of A Class within 10 days of launch.
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| September 05, 2013 | | IMAGES: India among world's biggest stakeholders in US economy
Let's take a look at countries holding biggest stake in United States's Treasury securities.
A website offers onions at Rs 9 per kilo!
High prices are making people shed tears for onions before they are even chopped, but now a website is offering the bulbs at prices as low as Rs 9 per kilogram.
Why Raghuram Rajan alone CANNOT revive India's economy
It is the government and its policies and attitude toward FDI that is at the root of the problem.
Raghuram Rajan is a hit on first day, can he sustain it?
Raghuram Rajan receives rock-star welcome on his first day in office as Governor of Reserve Bank of India. But the question lingers: Can he sustain it?
Why restrictions on home loans is a good move
India's real estate sector, many fear, is unstable.
H-1B visas: Why does the US blame Indian firms?
Indian and Indian-American IT businesses are being scapegoated for abuse of the visa programme - using it for cheap, immobile labour - that actually pervades the entire industry.
Most competitive countries in the world; India ranks 60
India has dropped a place in the latest global ranking of most competitive nations by World Economic Forum.
Slowdown? Salaries of Indian CEOs have DOUBLED!
Compensation package for CEOs has hit Rs 20 crore excluding stock options. It was Rs 10 crore 4-5 years ago.
Tata Motors to launch DIESEL Nano car by March
Tata Motors will launch a diesel-powered version of its ultra-cheap Nano by the end of March 2014, its managing director said, hoping to kick-start demand for the model after years of disappointing sales.
SPECIAL: When gold saved the day for India
The pledging of gold to tide over a balance of payments crisis in 1991 became an emotive national issue at the time.
10 things you wanted to know about the new pension bill
Under the NPS, every subscriber will have an individual pension account, which will be portable across job changes.
Markets cheer Rajan's maiden steps; Sensex up 400 pts
Benchmark indices end at a three week high but Nifty remains shy of 5,600 level.
Samsung launches smartwatch, Galaxy Note 3
Samsung's Galaxy Gear smartwatch works as an accessory to its market-leading Galaxy smartphone, with a small screen offering basic functions such as photos, hands-free calls and instant messaging.
Armadillo-T: A car that folds in half for easy parking
Korea Advanced Institute of Science and Technology has developed the car.
This is what Raghuram Rajan needs to focus on
The new Guv needs to focus on structural inflation problems.
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| September 04, 2013 | | Rupee has lost 1/5th of its value against dollar: PM
The prime minister made a reference to orderly exit from unconventional monetary policies in the backdrop of splits between emerging markets and the US.
Raghuram Rajan unveils big initial package, promises more
New RBI Governor Raghuram Rajan on Wednesday came out with a slew of measures, including more trade settlement in rupees to rescue the battered financial markets
Palace on Wheels train begins season's first journey
A joint venture of Indian Railways and Rajasthan Tourism Development Corporation, the train with all modern facilities will travel to Jaipur, Sawaimadhopur, Chittorgarh, Udaipur, Jaisalmer, Jodhpur, Bharatpur and Agra before returning to the capital.
Monetary stability is RBI's prime role: Rajan
"This is not an easy time as economy faces challenges. Our actions will be at measured pace given the current market turmoil," Raghuram Rajan said after he took charge as the new RBI Governor.
Top bankers repose confidence in Rajan, wish him success
Top bankers on Wednesday exuded confidence that Raghuram Govind Rajan, who today took over as the 23rd Governor of the Reserve Bank, has the intellectual prowess to
The woes of the falling rupee!
As the nosediving rupee shatters foreign-education dreams and eats away the country's much-vaunted forex reserves -- to mention just two fallouts -- takes up pen and paper to outline what the common Indian is feeling.
Food Bill: Boon for politicians, bane for economy
Whatever may be their flaws and the adverse impact on industry or the Centre's finances, the food security and land acquisition Bills are likely to be seen by voters as people-friendly initiatives
Raghuram Rajan takes over from Subbarao at RBI
Raghuram Rajan becomes the 23rd governor of Reserve Bank of India.
'India's situation not comparable with 2008-09 crisis'
Chief Statistician T C A Anant says this a unique crisis and should be dealt with keeping the current situation in mind.
Apple to unveil two new iPhones on Sept 10?
Apple may launch two new models this year - an upgrade to iPhone 5 and also a cheaper version of the phone.
How the government can stabilise the rupee
The shortage of capital flows into emerging markets is unlikely to go away in a hurry.
IMAGES: Biggest merger and acquisition deals in the world
Let's take a look at some of the biggest M&A deals in the world.
India Inc upbeat on Rajan's appointment as RBI chief
Declining value of the rupee, widening Current Account Deficit (CAD) and the impact of likely tapering of US bond purchases are some of the key issues which will keep Raghuram Rajan busy.
Flying to get COSTLIER by up to 30%
Air fares up 20-30 per cent as operating costs mount.
Why the market rally is likely to be short-term
Mass downgrades of GDP projections make it likely that there will be another wave of FII selling fairly soon
Rupee gains; heavy RBI hand seen
Raghuram Rajan, a former chief economist at the International Monetary Fund, takes charge at the RBI as the country faces its worst economic crunch since a balance of payments crisis two decades ago.
BMW launches stunning 1 Series; starts at Rs 20.9 lakh
The petrol variant offers 16.28kmpl mileage and the diesel offers 20.58kmpl.
Rajan may lift capital controls on India Inc
Individuals will have to wait for some more time; RBI may do away with mid-quarter policy reviews.
Sensex, Nifty rise riding on global cues
The broader markets were positive with mid-caps and small-caps gaining 0.4-0.6 per cent on the E.
Can elections help REVIVE the markets?
Though analysts suggest that there are downside risks to economy, by announcing/advancing general elections, markets would be able to look beyond uncertainty.
Raghuram Rajan to step into eye of rupee storm
Rupee has tumbled about 10 per cent alone since Rajan's appointment on August 6.
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| September 03, 2013 | | BSE: Top losers and gainers
Markets ended Tuesday's session on an extremely weak note with benchmark indices falling nearly 3% each after the rupee depreciated closer to its all time low level of 68.80.
Black Tuesday: Why the rupee, shares PLUNGED
The S&P warning was largely a repeat of comments made to Reuters in late August, and no missiles were reported to have landed in Syria, but Indian investors were so unnerved that the reports exacerbated a sell-off in the rupee and local stocks.
Hyundai finally launches Grand i10 at Rs 4.29 lakh
The diesel variant has an average of 24kmpl while the petrol delivers 18.9 kmpl.
How to cut oil import bill? Mr Moily has no clue
Veerappa Moily's suggestions on oil use do not inspire hope
25 companies where it's MOST DIFFICULT to get a job
Let's take a look at corporations where securing employment has been rated most difficult.
Countries where property prices have FALLEN and RISEN
Let's take a look at the global real estate market.
Microsoft to buy Nokia's phone business for $7.2 bn
Buying Nokia's gadget business thrusts Microsoft deeper into the hotly contested market
Will Narayana Murthy succeed in his second innings?
NR Narayana Murthy came out of retirement in June to run a floundering Infosys.
10 longest SUVs in the world
If you think Hummer would have topped, then here's a surprise: It does not even feature in the top 5.
Subbarao's 5 years: Managing crisis to managing conflict
Within days of assuming charge, he faced allegations of having made RBI the finance ministry's extension counter.
Sensex pares losses after plunging 700 points
RIL and ITC accounted for 25% fall in the Nifty.
Why you should not buy insurance before October
The new-look traditional products will have higher surrender value and lower commission.
Nokia can take on competitors with the Lumia 925
With its new smartphone, Nokia seems to have finally got a phone which deserves to be called its flagship model, a potential game-changer.
Vijay Mallya blames ALL but himself for Kingfisher woes
Kingfisher Airlines Chairman Vijay Mallya has blamed almost everyone, including engine suppliers, employees, banks and tax authorities, for grounding of the carrier since October last year.
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| September 2, 2013 | | 'Crores spent on populist schemes hits the economy'
In a veiled reference to various populist schemes of the United Progressive Alliance (UPA) government, Arun Jaitley, Leader of Opposition in the Rajya Sabha, "When crores are spent not on asset creation but on populist schemes, it disturbs the economy of the country."
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| September 02, 2013 | | No plan of 12-hour curfew on sale of petrol: Moily
Petroleum Minister Veerappa Moily takes a U-turn on the suggestion of keeping petrol pumps shut from 8 pm to 8 am.
Tata, M&M car sales slump; falling rupee to hurt industry
Domestic sales for two big Indian automakers tumbled in August on rising fuel costs and interest rates.
India among countries facing severe manpower shortage
Globally, over 38 per cent employers are facing difficulties filling jobs with the right candidate.
Gold smuggling has actually ZOOMED!
As govt tries hard to choke the metal import, entry through unofficial channels doubled to 60 tonnes in first 5 months of this financial year
Chidambaram's third innings as FM goes for a toss
Chidambaram has been grappling virtually alone with the economic emergency since he became finance minister for a third time 13 months ago.
HM launches Ambassador Encore, costs Rs 4.98 lakh
The Encore's 1.5-litre diesel engine promises better power and torque.
Maruti back with a bang! Sales up 61%
The company said sales of the compact segment comprising Swift, Estilo, Ritz surged over two fold to 17,409 units
25 countries offering best business environment
Let's have a look and see where India ranks among countries offering best business and life environment.
These 6 people are responsible for India's economic crisis
These six people have created a political climate more difficult for business, indeed more hostile to business, than at any time since the mid-1980s.
PHOTOS: Most beautiful convertible cars in the world
Let's take a look at some of the best convertible cars in the world.
In your mobile app store, the dollar is still just Rs 55
Playing games on your fancy tablet or mobile continues to be cheap.
2004 once more: IT back as market BELLWETHER
The stock market comes full circle; pharma also gains prominence, courtesy rupee depreciation
25 countries providing best healthcare systems
Let's take a look at some nations that have most efficient medical systems in the world.
FALL of high profile wickets shakes Infosys
In yet another high profile exit at Infosys, India's second-largest information technology (IT) services company, Ashok Vemuri, head of operations (Americas) and global head (manufacturing and engineering services), has resigned.
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| August 30, 2013 | | BSE: Top gainers and losers
The 30-share Sensex ended up 219 points at 18,620 and the 50-share Nifty ended up 63 points at 5,472.
Infographic: Stock markets during August 2013
Benchmark indices closed higher on the last day of August, amid volatile trading session led by FMCG and IT shares.
India's GDP growth at 4-year low in June quarter
Hurt by a contraction in mining and manufacturing.
NSE among the WORST performing stock markets in the world
The Indian market is the second worst performing, followed by Brazil, among major global markets so far in 2013.
Beware! Online banking malware a serious and growing threat
Trend Micro's Security Roundup Report says there's been a huge jump in unauthorised access to your personal data; familiarity with prevention tools a must.
Rupee slide worrying but also good for the economy: PM
It will have positive impact on exports competitiveness in the coming months.
Freelander 2 S Business: Cheaper price, brilliant performance
The manufacturer has dropped the bells and whistles to bring down the cost. The SUV, at heart, is the same and offers brilliant performance.
IMAGES: Cities that offer best quality of life
Let's take a look at some of the best and worst cities in the world.
Five best ways to deal with pink slips
Getting emotional won't help; have a well-planned exit strategy even when you are getting into your first job.
India Inc frustrated over govt's failure to revive economy
Corporate leaders say economy going through troubled phase which is raising concern among global investors about investing in India.
What if your employer does not deposit EPF money
EPF subscribers whose accounts have not been credited with deducted money can complain to EPFO or labour ministry.
Now, NRIs turn wary of India as growth falters
The patriotism of wealthy overseas Indians has helped the country avert economic crises in the past and it is little surprise that embattled policymakers are turning to them again to plug a record trade gap that is battering the rupee.
Vemuri's exit casts shadow on succession plan at Infosys
The exit of Ashok Vemuri, board member and head of the Americas and manufacturing at Infosys, seems to have shaken the company's much-prided succession plan.
Market sentiments improve, Sensex surges over 200 points
The main gainers on the Sensex were Bajaj Auto, TCS, Cipla, HDFC, HDFC Bank.
After House okay, land Bill gets India Inc red flag
Industry says legislation will increase cost and timeframe for setting up new enterprises.
6 Indians among college-dropout billionaires
Let's take a look at billionaires globally who left their studies incomplete and still managed to make it big.
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| August 29, 2013 | | EXCLUSIVE: Jairam Ramesh on why India needs a new land bill
The principle objective of the Bill is fair compensation, says Rural Development Minister Jairam Ramesh in an exclusive interview.
Govt to offer 100% stake in 6 airports to private operators
The government is open to giving 100 per cent stake to private parties in six select airports, including Kolkata and Chennai.
BSE: Top gainers and losers
The Bombay Stock Exchange's 30-share Sensex closed at 18,401 up 405 points. The National Stock Exchange's 50-share S&P CNX Nifty closed at 5,409 up 124 points.
Rupee crash is BAD news for car buyers
German luxury car maker Mercedes-Benz on Thursday said it will hike prices of its entire model range in India by up to 4.5 per cent from September 1 to partly offset impact of rupee depreciation and higher import duties.
Why Lavasa simply can't stay out of controversy
Lavasa Corporation is rushing to complete its township. No one knows if the promoter is complying with environmental conditions on which it was allowed to resume work.
10 companies that have most inspiring leadership
Let's take a look at some companies that have most inspiring leaders.
12 products that were not made for general public
Let's take a look at some inventions that were meant to be solely used by the military, but ended up being used by everyone.
Special: Why is GOLD so dear to everyone?
Besides its metallic properties, there is much more to gold that makes it an obsession to mankind.
Brace for more market volatility and downside
There is a general meeting of minds among observers on the difficulty of positive factors breaking through.
India faces a DIFFICULT economic situation: PM
With falling rupee and rising oil prices casting a shadow over Indian economy, Prime Minister Manmohan Singh on Thursday said the country is faced with a difficult economic situation for which some domestic factors too were responsible.
Toyota launches Camry Hybrid in India, priced at Rs 29.75 lakh
The fuel efficiency of the vehicle is 19.16kmpl.
How savvy D-Street traders doubled money in August
Two categories of market participants seem to have made a lot of money in the past couple of weeks, short-sellers and volatility traders.
Is this how we will live in FUTURE?
Belgian architect Vincent Callebaut has come up with some futuristic concepts of what the green cities of tomorrow might be like.
Tata launches Safari Storme Explorer, costs Rs 10.86 lakh
There are no mechanical upgrades. You get an Explorer front nudge guard, a chrome garnish for the projector headlights and taillights.
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| August 28, 2013 | | Infographics: BSE Sensex's top gainers and losers
Markets scripted a dramatic 547-point rebound from lows to close in the positive zone.
Rupee crashes, government says no need to panic
As the rupee fell below the 68-mark and global agencies painted a gloomy outlook for the
CRISIS: BNP cuts India's GDP forecast to 3.7%
Financial services major BNP Paribas on Wednesday cut India's GDP growth forecast for the current fiscal to 3.7 per cent from 5.7 per cent earlier, saying the country's 'macro muddle' is fast approaching crisis proportions.
There's a lack of leadership in the country, says Ratan Tata
Government is pulling in different directions and we are not consolidating on government, says Ratan Tata.
Why one should AVOID forecasting markets
Instead, the focus should be on fixing the economy.
Good news! Mumbai Metro to start this year
Reliance Infrastructure said it plans to commission the Mumbai Metro rail project this year.
Anil Ambani to team up with Mukesh's Reliance Jio
Deals between the two could earn RCom Rs 14,000 cr, says Anil Ambani.
Mumbai Metro among world's MOST challenging infra projects
When completed, these ambitious projects would change cities and some may even change nations.
'Govt should let the rupee get to 200 or 230 by year-end'
The fall of the rupee has just become a symbol of all that has gone wrong with India lately.
Women CEOs with the HIGHEST salaries
In the male-dominated corporate world, these women have proved their mettle and turned out to be inspiring and successful role models.
Markets end flat after falling over 2%, IT stocks gain
The broader markets ended with mid-caps and small-caps dropping nearly 1 per cent on the BSE.
Is it a good time to enter the equity markets?
For stock market investors, things have turned worse.
IMAGES: 28 countries where it's easiest to start a business
Let's take a look at India and 28 other nations where it's easiest to start a business.
Housing prices FALL in these 22 Indian cities
Housing prices in 22 major cities, including Delhi and Mumbai, are witnessing downward trend in April-June period compared to the previous quarter due to slowdown in demand, National Housing Bank said.
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| August 27, 2013 | | BSE: Top losers and gainers
The 30-share Sensex declined 590.05 points or 3.18 per cent to close at 17,968.08 and the 50-share Nifty dropped 189.05 points or 3.45 per cent at 5,287.45 levels.
Chidambaram too agrees, rupee is still UNDERVALUED
With rupee again crossing 65-to a dollar mark, Finance Minister P Chidambaram today said the currency is undervalued and hoped it will find its appropriate level.
Bloodbath at the bourses: Sensex ends down 590 points
Rupee has lost close to 16 per cent this year making it one of the worst Asian currencies so far.
India approves raft of projects to kick-start investment
The Indian government said on Tuesday it had approved a raft of infrastructure projects worth Rs 1.83 lakh crore (Rs 1.83 trillion) to revive economic growth and restore investor confidence after a crash in the rupee to record lows.
Chidambarm too agrees, rupee is still UNDERVALUED
With rupee again crossing 65-to a dollar mark, Finance Minister P Chidambaram today said the currency is undervalued and hoped it will find its appropriate level.
COLUMN: Fall of the rupee only a symptom of India's mess
India imports more than it exports, so the rupee's decline will hurt more than it may help.
Fastest-growing brands in the world
Let's take a look at some of the fastest-growing brands in the globe.
How National Spot Exchange got into a bind
Few financial products could match its derivative contracts that always sold at a premium. But the exchange forgot one crucial link: to back its contracts with solid assets.
SPECIAL: Meet the culprits behind India's economic mess
In the name of regulation, control has taken over the economy; systemic checks and balances are failing.
Is Ambani's Antilia ugliest building in the world? Your say...
Eyesores from around the world that may make you cringe.
'We need growth to create jobs'
Creation of jobs, easing supply-side constraints, improving productivity and India's competitiveness in manufacturing to boost exports are some measures Vikas Khemani, President, Co-Head Wholesale Capital Markets, Edelweiss, advocates to mend India's tottering economy.
Can Volkswagen Cross Polo take on EcoSport, Ertiga?
The compact SUV has better features to Polo hatch.
Reviving the economy won't be easy for Raghuram Rajan
The rupee's travails allow the RBI's incoming governor to renegotiate the objectives of monetary policy.
What exactly is Rohan Murty's role at Infosys?
Some media reports stated that Rohan has been designated as a vice president, which is a relatively senior position in the company.
Falling rupee can help resolve India's economic woes
Economist Arvind Panagariya tells Suman Guha Mozumder that the rupee is doing a much-needed clean-up job, raising exports and cutting imports. And it must be allowed to do so.
| | | |
| August 26, 2013 | | BSE: Top gainers and losers
The 30-share Sensex ended up 39 points at 18,558 and the 50-share Nifty ended up 5 points at 5,477 levels.
'Crores spent on populist schemes hits the economy'
In a veiled reference to various populist schemes of the United Progressive Alliance (UPA) government, Arun Jaitley, Leader of Opposition in the Rajya Sabha, "When crores are spent not on asset creation but on populist schemes, it disturbs the economy of the country."
Do your homework before approaching an insurance agent
Research reports say insurance agents are likely to sell you unsuitable products. So, you should know your requirements and premium paying ability.
Mumbai: Maximum City now a City of Skyscrapers
Let's take a look at cities that are ahead of the pack when it comes to tall buildings.
Manmohan Singh's biggest failure in reviving the economy
When the prime minister thanked his predecessor during his Independence Day speech, it was significant because it was Dr Singh's final acknowledgement that political support for reform is essential.
From glitzy shopping to closure: The story of DYING malls
If 120 new malls have come up in the last two years, 40 have downed shutters. Some lessons from the experiences of dying malls.
With Rajan at Mint Road, 'all options are on the table'
Officials, however, said one person's thinking might not change the views of the institution.
IMAGES: Most powerful and beautiful hypercars in the world
Let's take a look at some of the world's best hypercars.
Why India's 'dream team' has failed
The 1990s team worked wonders because the leaders took care to build a tier of competent secretaries and advisors under them.
5 smartphones that are CHEAP but fully loaded
Like puddles all around in the rainy season, we now have smartphones with five-inch screens for almost everyone.
Sky high pampering: The 10 best cabin crews in the world
World's most friendly, helpful and efficient airline crews belong to Asian airlines.
COLUMN: Rupee approaching tipping point
India's fundamentals might be better served by allowing the rupee cycle to run its course.
Sensex gains 39 points amid volatile session
The broader markets out performed the benchmark indices- E Midcap and Smallcap indices up nearly 1%.
Should you sell gold now or wait?
While choosing this, approach local jewellers to avoid high deductions by branded jewellers.
Dalal Street pins hopes on rupee's strength
Currency market participants do not expect the rupee to slide immediately but feel a sharp rise is unlikely because of month-end dollar demand from importers.
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| August 24, 2013 | | Cars to be greener and costlier by 2017
The power ministry's plan, through the Bureau of Energy Efficiency, to fix fuel efficiency standards for passenger cars is likely to increase the prices of small cars by as much as Rs 70,000, according to industry estimates.
SPECIAL: Can Nokia shift base from India?
There are big tradeoffs involved and it has invested heavily here; an unfriendly tax regime, though, might push it out to a country such as Vietnam.
Has Tim Cook FAILED to reshape Apple?
The company he inherited has become a very different creature: a mature corporate behemoth rather than a scrappy industry pioneer.
| | | |
| August 23, 2013 | | I'm a HOUSEWIFE, no role in ADAG: Tina Ambani
After her husband Anil Ambani, Tina Ambani appeared in a Delhi court as a witness in the 2G spectrum case and CBI claimed that she was "deliberately withholding facts" which the judge found was "adverse" to the prosecution.
BSE: Top gainers and losers
The 30-share Sensex ended up 203.97 points to trade at 18,516.91 and the 50-share Nifty rose 63.30 points at 5,471.75 levels.
Nokia launches Lumia 925 and 625 in India
Lumia 925 costs Rs 33,449 and 625 will be available for Rs 19,999.
SPECIAL: How India Inc can gain from the rupee fall
The onus rests on the government to help industry take advantage of depreciation.
Gujarat model: State falters, corporates succeed
Some of projects, especially in infrastructure, have seen quite a few unexpected delays.
Dull market? Agents make crores selling mutual funds
Despite dull market, more individuals make crores by selling mutual funds.
Govt to continue ban on 5-star hotels, new cars for ministers
Even as problems on the external front look slipping out of its control, the government might keep its expenditure under check to limit its fiscal deficit at the budgeted 4.8 per cent of gross domestic product in the current financial year.
IMAGES: World's 10 biggest malls
The world's biggest malls belong to Asia with two of the toppers from China.
SPECIAL: Why panicking about Indian markets is pointless
We're told; that the economy went up in flames demonstrates our uniquely poor performance. Never in the appalling annals of political-economic punditry in India have so many people been so wrong simultaneously.
Sensex gains 200 points as rupee recovers; Banks lead
The broader markets gained with mid-caps and small-caps rising 0.7-0.9 per cent on the E.
How India fares against other young nations
If India is compared to younger nations based on per capita income, you will realise that other countries have prospered far better.
India's top 10 mobile phone brands
The Indian mobile handset market has grown by 14.17 per cent year-on-year to Rs 35,946 crore in 2012-2013.
Rupee among worst performing currencies in the world
Let's take a look at the performance of some of the major currencies around the world.
Polo GT priced at Rs 9.33 lakh is worth every penny
The car offers tarmac scorching performance from its 1.2-litre engine besides having luxury sedan features.
Bad news: Home, auto loans to get COSTLIER
Leading financial institutions ICICI Bank and HDFC have raised their benchmark lending rates by 0.25 per cent, making home and auto loans costlier.
Weak rupee: The top 5 gainers and losers
A long term solution to arrest the rupee slide is growth.
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| August 22, 2013 | | BSE: Top gainers and losers
At close, the Sensex was up 407 points or 2.3% at 18,313 and the Nifty advanced 106 points or 2%, to close above the psychological levels of 5,400 at 5,408.
Country's economic situation simply intolerable: Mamata
Mamata Banerjee, a former United Progressive Alliance ally, said 'from petrol to
Sony launches Xperia M; costs Rs 12,990
The phone features 1GHz dual core Snapdragon processor and 1GB RAM.
5 bold measures to set the Indian economy right
Amid all the gloom on the economic and financial front, Sandesh Kirkire, CEO, Kotak MF, suggests five bold measures to get the Indian economy back on the growth path, arrest the rupee's downfall and address India's bulging current account deficit.
'Worst-case scenario for rupee is 70 against the dollar'
He also feels that the govt should hike diesel and petrol rates.
IMAGES: A tour of the amazing Vintage car show
Every year 200 of the most prized collector cars and motorcycles in the world drive to Monterey, California for the Pebble Beach Concours d'Elegance.
2G: Ambani resiles from statement, denies knowing Swan Tel
CBI had to cross-examine him as Ambani 'changed his statement'.
Tycoons who won't leave their fortunes to their kids
Let's take a look at some business tycoons who plan not to leave much of their wealth to their children.
World's richest cities, Tokyo is No 1
Amid the economic crisis, some of the Asian cities hold much promise in terms of growth and prosperity.
How Adidas, Infosys, Wipro, Starbucks got their names
Fascinating stories of how 30 famous companies got their names.
Hyundai Grand i10 VS its 3 closest RIVALS
How does the new i10 variant fare when pitted against Nissan Micra, Maruti Swift and Etios Liva?
Rupee ends at new closing low of 64.55
Finance Minister P Chidambaram sought to lift confidence, telling a news conference that while economic growth remained flat in the first quarter of the fiscal year ending March 2014, it was likely to pick up in the remaining three quarters.
Rupee's current valuation above its fair value: Experts
The current valuation of the rupee, which has breached the 64-level against the dollar, is much above the fair value seen by experts.
Markets snap 4-day losing streak; Nifty above 5,400
Metal stocks outperform posting its biggest single day rally in past two years on hopes revival of Chinese economy.
A new life for Tata Nano: Will it succeed?
Faced with steep fall in sales of Nano, Tata Motors said it will reposition the budget car
Market crash: Investors LOSE $100 billion in 4 days
The four-day carnage in stock markets has left investors poorer by over $100 billion,
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| August 21, 2013 | | BSE: Top losers and gainers
The 30-share Sensex ended down 340 points at 17,906 after hitting an intra-day low of 17,807 and the 50-share Nifty ended down 99 points at 5,303 after touching an intra-day low of 5,268. Nifty touched the lowest level since September 11, 2012.
IMAGES: Maruti launches Stingray at Rs 4.10 lakh
Stingray, which is powered by a 998 cc petrol engine, is available in three variants, with price ranging between Rs 4,10,000 to Rs 4,67,000.
What steps India is taking to support markets
On Tuesday, the rupee fell past 64 to the dollar for the first time and bond yields spiked to a five-year high before the Reserve Bank of India stepped in to sell dollars.
India's infrastructure development has come to a STANDSTILL
Infrastructure development has come to a standstill despite all the promises.
Ambani's Antilia among the 15 most expensive buildings
Mukesh Ambani's Antilia is the only private house that features among the most expensive buildings in the world.
India's economic crisis will DEEPEN, say business leaders
The conclusion is derived from a Business Standard poll of CEOs, bankers, market players & economists.
Nissan unveils Terrano; better looking than Duster
Though the compact SUV is based on Duster, the company has reworked the interiors and styling.
World's top 10 mobile phone companies
Mobile phone sales across the world totalled 435 million units in the second quarter of 2013.
Indian banks with HIGHEST NPAs, SBI tops
Rs 2.06 trillion, is the gross non-performing assets of Indian banks.
SPECIAL: India Inc faces a long and dark winter
High interest costs, slowing demand delay recovery.
All you wanted to know about CAD, but were afraid to ask
When the outflows are more than the inflows, a deficit occurs in the current account of the nation, which is widely known as the Current Account Deficit.
COLUMN: Are politicians even in touch with reality?
If politicians are not even aware of the deep economic trouble a country is in, the crisis can only escalate.
GM India introduces NEW Chevrolet Captiva
The Captiva facelift receives a new lower bumper at the front, a subtly different grille mesh, and reshaped foglamps.
How Microsoft plans to battle Google: The secret is out!
The long-running rivalry between Microsoft Corp and Google Inc is turning into a schoolyard brawl.
India's economic situation like the 1991 crisis: Barclays
Stating that the current economic scenario is similar to 1991-92 crisis, foreign brokerage Barclays said credit growth of banks will slow down to 10-11 percent levels.
25 most innovative companies in the world
Let's take a look at some companies that are most innovative in the world.
Why we should allow the rupee to sink
Abandoning the defence of the rupee will allow India to shift focus to boosting exports with tax cuts
Sensex slumps 340 points to end at lowest level since Sept 2012
Metal shares like Sterlite Inds, Hindalco and Tata Steel dropped between 3-5%.
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| August 20, 2013 | | Infographics: BSE Sensex's top gainers and losers
The Sensex plunged over 330 points in tandem with rupee breaching 64-mark but regained lost ground end only 61 points lower.
Narendra Modi on why UPA has failed to stem rupee fall
Gujarat Chief Minister Narendra Modi said the Centre was neither concerned about the economy nor the falling rupee but only worried about saving its chair.
Market mayhem: 6 questions you really want answered
So what are the reasons for the bloodbath in the markets? And how it affects you.
India's remarkable metro rail systems
India has developed Rapid Transit systems to make travel easier for commuters across cities.
The inspiring success story of Barefoot College
At the Barefoot College, women learn how to assemble charge controllers and inverters, establish a rural electronic workshop, install solar panels on roofs, connect them to batteries, and solar electrify each house in the village.
How Bajaj Auto ended the strike at Chakan
The company took advantage of the slowdown in the auto industry.
IMAGES: Wraith of Rolls-Royce at Rs 4.6 crore
Rolls-Royce launches its boldest model.
Brother-sister teams building empires of the future
With Raksha Bandhan upon us, let's take a look successful companies run by brothers and sisters.
Rupee breaches 64-level, recovers after RBI steps in
Despite a heavy battering, the rupee on Tuesday made a smart recovery to close at 63.25 after hitting a fresh low of 64.13 against the US dollar, helped by RBI's massive intervention.
Markets end lower amid weak global cues
India's benchmark share indices came off their day lows in late trades after the rupee trimmed losses.
Column: Making sense of the rupee
In the medium term what will truly matter for the rupee's fortunes are India's growth and inflation fundamentals.
Murthy constitutes Infosys 'dream team' at chairman's office
According to sources privy to the development, Murthy has chosen a team of four senior executives -- former Infosys India business unit head Binod Hampapur Rangadore, Ranganath D Mavinakere, Deepak Padki and Rohan Murty.
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| August 19, 2013 | | BSE: Top losers and gainers
The 30-share Sensex ended lower by 291 points to 18,308 and the 50-share Nifty dropped 93 points to 5,415.
Why the supposed rupee-dollar parity of 1947 is a MYTH
Mr Modi should welcome the rupee's fall as overdue, not criticise it.
The 10 longest bridges in India built above water
Bihar has the maximum, four, longest bridges and Andhra Pradesh comes second with two.
IMAGES: Will Mumbai ever boast of this unique building?
James Law, an architect based in Hong Kong designs futuristic buildings to meet the big challenges in cities.
PHOTOS: Maruti Ritz vs Honda Brio vs Hyundai i10
Three of the most popular automatic compact cars are Maruti Ritz, Honda Brio and Hyundai i10.
COLUMN: Story of two devaluations
But an unimpressed finance minister plays King Canute.
Please, let's not write the rupee off
It's in the same boat as other emerging markets with current account deficits, but the recent capital-raising measures may help
SPECIAL: The fall guy or a bright spot that turned black?
Is Anjani Sinha of National Spot Exchange being made the fall guy?
Sensex plunges nearly 300 points; rupee weighs
The 30-share Sensex ended lower by 291 points to 18,308 and the 50-share Nifty dropped 93 points to 5,415.
10 innovators moving and shaking their companies
Let's take a look at some next-generation movers and shakers who are changing the face of business.
Is 'Modinomics' another version of economic populism?
Some supporters say that with Narendra Modi's anointment as the de facto leader of the party, there will be a turn in the BJP's economic philosophy.
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| August 16, 2013 | | Market mayhem: 13 biggest falls of the BSE Sensex
The Bombay Stocks Exchange S&P BSE Sensex plunged by over 750 points, or 4%, its biggest fall in four years, to end at 18,598 on fear that the roll-back of US stimulus could spark selling pressure by the overseas investors in the equity space.
5 financial SCAMS that shocked the markets
The NSEL crisis has wiped out hundreds of crores of many investors.
IMAGES: Driving into the future with an electric car
While the world hasn't yet embraced electric cars, that might change soon when Tesla introduces two other potentially game-changer models.
How India has curbed child labour
An ILO study shows child labour has declined for girls from households that had taken up the work guarantee programme.
Want to take a shower 40,000ft in the air? Welcome aboard!
Let's take a look at some of the perks being offered by airlines.
One Indian station among world's 20 most amazing railway hubs
These beautiful railway stations are icons of a nation's outstanding infrastructure.
The 10 most influential women in technology
These women may not have founded the current-day tech giants but they surely have helped to make these firms successful.
Bloodbath on D-Street; investors poorer by Rs 221,268 lakh cr
BHEL, YES Bank, RCom, Titan Ind, JP Associates, BF Utilities, Ruchi Soya and Punj Lloyd have tanked more than 10% each on E.
India's most popular online shopping websites
The growing online retail market in the country has become a lucrative business in the past two years. Here's how these companies have fared.
Is your builder a DEFAULTER?
To ensure the property right is not contested, one has to take various steps, including getting a bank NoC.
25 biggest brands in the world
Let's take a look at some of the biggest brands in the world.
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| August 14, 2013 | | BSE: Top gainers and losers
The Sensex ended higher by 138 points at 19,367 and the 50-share Nifty advanced 43 points to close at 5,742.
Hyderabad-born Prem Watsa may bid for BlackBerry
Often called Canada's version of Warren Buffet, Watsa preaches a long view that suggests it may be too early to assess his decision to take on a leading 10 per cent stake in BlackBerry.
IMAGES: Sinkhole swallows Florida resort
The state of Florida, which is prone to sinkholes because of its porous limestone foundation.
Samsung's phones, tabs to get an Indian touch
The company wants to lure customers from semi-urban and rural part of the country.
Crisis WORSENS: Inflation shoots up to 5.79%
As per official data released on Wednesday, WPI inflation in the food articles category rose to double digits at 11.91 per cent, driven mainly by price rise in onion, cereals and rice.
10 most secretive companies in the world
Let's take a look at 10 most secretive companies.
Curbing CAD? FM FAILS to take right steps
The government has chosen the wrong way to control the current account deficit.
3 Indian hotels among world's BEST
The hotels from India offer a rich cultural experience entwined with a history.
20 cities attracting most tourists in the world
Let's take a look at 20 cities that attracted most international visitors.
Why even a brilliant RBI governor cannot help India much
There's no point in having a brilliant RBI governor if politicians do not listen to him.
Markets end higher led by auto, oil & gas stocks
Tata Motors was the top gainer among the Sensex stocks.
Eko Atlantic city: An engineering marvel on the sea!
Nigeria is building one of the world's biggest and ambitious projects on 5,000,000 square metres of land reclaimed from the Atlantic Ocean.
World's 10 largest banks, China leads
For the first time ever, a Chinese bank has topped the world's top banks' ranking.
'Nobody wants to start an industry in India'
"We are one of the very few emerging economies in the world that has a current account deficit. That is because nobody wants to start an industry in India," says Dilip Kapur, Founder, Hidesign.
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| August 13, 2013 | | BSE: Top gainers and losers
The 30-share Sensex closed at 19,230 mark up 283 points whereas the 50-share Nifty ended higher by 87 points at 5,699 levels.
More BAD NEWS for India's economy
Credit Suisse in a research note said that 'we have cut our 2013/14 year average GDP growth forecast to 6 per cent from 6.5 per cent, while also lowering our 2014/15 projection by half percentage points to 7 per cent'.
SPECIAL: Tata Communications switches focus for growth
Beset by falling profit from voice traffic, the company is getting into new fields like managed services and white label ATMs.
India's growth? Well, it comes last!
Trade deficit falls, inflation steady, but industry is still frozen.
World's 10 BIGGEST economies, India at No 3
The United States continues to remain the world's largest economy.
IMAGES: Hyundai's Grand i10 is a whole new beast
Hyundai's Grand i10 is a different vehicle, not a mere extension of i10.
SPECIAL: The real trouble with our banks
Their sky-high profits in an essentially commodity business reflects too little competition.
Surprise! Maharashtra, Gujarat NOT India Inc's favourite
States that saw the highest number of new company registration in the last financial year.
How nanotechnology transforms our everyday lives
Nanotechnology is appearing in all sorts of places you might not expect.
SPECIAL: Why billionaires like to buy newspapers
Jeff 'Amazon' Bezos' $250-million purchase of the iconic Washington Post last week has sparked a debate on why billionaires are buying into a medium that is staring at irrelevance, if not death.
Markets end at 1-week high, Nifty regains 5,700
M&M, Bajaj Auto, Tata Motors and Hero Moto and Maruti Suzuki from Auto sector surged between 1-4%.
Can you recognise these AMAZING cars?
These customisations can give you luxury of expensive cars.
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| August 12, 2013 | | Invest wisely and lead a happy retired life
Rising trend of nuclear families, increasing cost of healthcare, and inflation make it necessary for an individual to plan for retirement.
How balance of payment woes are hurting rupee rescue
A heavy dependence on imported energy, gold and technology means India has historically run a current account deficit, which it has funded by attracting foreign money into stocks, bonds and corporate investment.
Car sales drop for 9th month, temporary workers face the heat
With car sales in India falling for a record ninth month in a row in July posting 7.4 per cent
Lamborghini's Indian Limited Edition Gallardo: Luxury redefined!
Lamborghini's Indian Limited Edition Gallardo is a super luxury sedan meant for just six wealthy owners.
What will be UPA's economic policies if it comes to power?
The finance minister suggests that maybe his government has erred in its political management.
Images: These 9 cars to hit Indian roads soon
Hold your car purchase! You will have these options soon.
IMAGES: India's 10 longest expressways
India has 942 expressways covering a total distance of 1,208.19 kilometres.
UPA has 'managed' to take the economy back to the 80s
The eight years and more since 2004-05 have seen a continuous non-oil trade deficit, the first such period since the 1980s.
Amazon Kindle Fire HD: What makes it rock
Both the 7-inch and 8.9-inch Kindle Fire HD tabs are built for people who consume media, and if one is looking for a tablet for doing just that, these are the devices.
Microsoft's stunning campus with a huge shopping mall
This Microsoft headquarter can give a complex to Google's swanky offices
Nifty reclaims 5,600; RBI steps boost sentiments
The broader markets ended firm with mid-caps and small-caps gaining 1.5 per cent on the BSE.
Nokia's Asha 501 brings hope for first-timers
Nokia Asha 501 has got the first thing -- design -- that we Indians look for in a phone bang on.
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| August 08, 2013 | | BSE: Top gainers and losers
At close, the Sensex was up 0.7% or 124 points at 18,789 and the Nifty gained 0.8% or 46 points to end at 5,565.
Why rupee will continue to remain weak
As India's rupee hits record lows, some investors see it headed towards the mid-60s against the dollar, a reflection of weak economic fundamentals and expectations the government will struggle to implement meaningful measures to reverse capital outflows.
India's telecom sector begins to emerge out of gloom
Almost four years after savage tariff cuts, the telecom sector is slowly limping back to normalcy.
LG G2 smartphone makes Samsung Galaxy S4 look old
The phone comes with Qualcomm Snapdragon 800 Processor that is clocked at 2.26GHz and a 2GB RAM.
Govt IGNORES the plight of poor in India
India is home to one third of the world's poor, yet the government claims that poverty has fallen.
Images: A seven-star hotel in the air
This is how Emirates took luxury to a new height with its private jets.
Tax rules could force Bezos to play active role at WaPo
Amazon chief has said he plans to focus on his day job but 10 hours a week at Post may be needed for tax benefit
Coming soon: Toyota's Camry Hybrid saloon
The is expected to cost about Rs 35 lakh.
All is not wrong with Indian economy. 25 interesting facts
Amidst all the doom that prevails in India, there are many reasons to feel good about its achievements and future prospects.
Why American companies are 'angry' with India
Indian tax laws are a source of frustration for US companies, says US Ambassador to India Nancy J Powell.
Markets gain on rupee recovery, Ranbaxy zooms 28%
Short covering in index heavyweights like HDFC, HDFC Bank and TCS aided the upmove.
Most polluting countries in the world, India ranks 3
These are typically the nations with the biggest industries, biggest production capabilities and the biggest populations.
How Raghuram Rajan can SAVE and KILL the Indian economy
He takes over at Mint Road at a time when the governor's job is even less easy than it is normally.
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| August 07, 2013 | | BSE: Top losers and gainers
The 30-share Sensex dropped 68.16 points at 18,664.88 and the 50-share Nifty fell 23.15 points at 5,519.10 levels.
India to milk advantage from curbs on New Zealand dairy products
India, the world's biggest milk producer, hopes to seize on a New Zealand dairy product contamination scare to increase its exports and add market share in China and other emerging Asian countries.
Hyundai finally reveals the Grand i10
The Grand i10 gets Hyundai's new Fluidic styling and details.
Food security law's WTO complication
The recently promulgated National Food Security Ordinance might breach the global trading rules on agriculture under the World Trade Organization if there is diversion of the subsidised foodgrain for export.
Rupee likely to cross 62 by August-end
Rebounds from all-time low after RBI intervention; more liquidity tightening a worry; Rajan's appointment taken as a sign of hope.
For SpiceJet, vanilla sky set to darken
Due to unfavourable industry prospects and given that the September quarter is traditionally a weak one, the outlook for SpiceJet is not favourable.
COLUMN: Has RBI actually MANAGED to stem the rupee fall?
It is logical to believe the measures that have been introduced are 'temporary'.
World's most expensive products: Can you afford any?
Luxury items including art pieces, collector's items and jewellery - such as The Rocking Horse expected to sell for $38,000-$61,000, a pet funeral set for $4,000 and a leftover slice of toast from Prince Charles' wedding day expected to fetch $361.
SPECIAL: Thorny road ahead for Raghuram Rajan
Regardless of who is right, Rajan has to quickly come to grips with a number of obvious challenges, ranging from the immediate to the medium term.
India's pride:10 outstanding infrastructure projects
Major infrastructure projects including swanky airports are changing India's profile as an attractive and enterprising destination.
Billionaires who are diamond kings of the world
Let's have a look at some of the richest diamond owners in the world.
Markets drop on stimulus-exit fears
The broader markets ended firm with mid-caps and small-caps gaining over 1 per cent on the BSE.
Insurance bill: The reasons behind BJP's puzzling about-turn
Reports suggest that the BJP may now be willing to support the Bill in the ongoing monsoon session of Parliament provided some of its conditions are met.
Images: Is this how we will travel in future?
Here are ideas that can help to replace the current transport that either are free of fossil fuels or cut their use extensively.
6 key CHALLENGES for Raghuram Rajan
The immediate priority for the new governor will be to draft the mid-quarter review
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| August 06, 2013 | | 12 interesting facts about Raghuram Rajan
The government and the RBI are working together to tackle the country's economic problems but there is no "magic wand" to fix them, said Raghuram Rajan, who will take over as central bank governor next month.
BSE: Top losers and gainers
Markets ended over 2.3% lower on Tuesday, amid a weakening rupee, weighed down by financials on concerns that the RBI would announce fresh measures to cap liquidity in an effort to prevent further weakness in the rupee.
Next RBI Governor: What India must do to grow in double digits
'For a large vibrant economy like India's, there is always hope. We still have tools to tackle our problems. But we must exercise those tools with vigor and a sense of urgency.' , the celebrated economist who will be the Reserve Bank of India's next governor, revealed what India must do to start growing again in this memorable speech last year. Can he now deliver results?
Raghuram Rajan will be the next RBI governor
India's chief economic adviser, Raghuram Rajan has been appointed as the governor of the Reserve Bank of India.
Jet Airways: First Indian airline to order Boeing 737 Max
To take delivery of 50 from 2017 and in talks to lease five Airbus planes to Kuwait Airways.
The men who predicted Jignesh Shah's downfall
In his order, SEBI member dealt with the "fit and proper" criteria of the exchange promoted by Financial Technologies (FT) and Multi Commodity Exchange (MCX) and their founder Jignesh Shah.
Why Chidambaram wants to close down Employees' Pension Scheme
Employees' Pension Scheme has been asked to fold up and hand over subscribers to National Pension System
SPECIAL: How Rajasthan reduced poverty
The state's healthcare scheme helped reduce poverty level by 10 percentage points between FY10 and FY12.
Revealed! All-new 2014 Honda Jazz
Benchmarked against VW polo, the car would be launched in India early next year.
Ten things you wanted to know about the NSEL crisis
From what the crisis is all about to who all are affected, here are 10 FAQs.
From tech pioneer to media baron, Jeff Bezos' success story
Jeff Bezos is one of the few chief executives in corporate America who refuse to bow to Wall Street's quarterly profit demands.
How price rise has eaten into aam aadmi's monthly budget
Common people are gasping under the pressure of price rise.
12 most expensive Android apps in India
While most of the apps serve only as status symbols, the others are targeted towards medical students or professionals.
Markets end sharply lower amid weakening rupee
Markets ended over 2.3% lower on Tuesday, amid a weakening rupee, weighed down by financials on concerns that the RBI would announce fresh measures to cap liquidity amid a weakening rupee.
Mumbai's huge infrastructure projects in limbo
The Rs 2,460-crore (Rs 24.60 billion) Mumbai Monorail project, which was to be completed by 2010 and was later rescheduled for December 2012, is still under construction.
How Grahams ran Washington Post through generations
The newspaper won numerous Pulitzer Prizes as circulation declined.
No plan to surrender Bengal land: Infosys
IT major Infosys said it would not give up the 50-acre land it has been allotted for its
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| August 05, 2013 | | Bourses won't have to pay for India Inc's debt
Companies with no or little debt account for three-fourths of m-cap of E 200, excluding financial firms.
Maruti launches top-end Alto 800 variant at 3.35 lakh
It comes with an optional airbag on host of other features like integrated audio system.
How to claim tax refunds
It is easiest to claim refund while filing returns. But if you have not done so, use Form 30
Sony F15 series: If you need a machine for movies, music
But with just 2GB of RAM, you might be left wanting more
Micromax Canvas 4: Packs good performance but costly
The phone looks premium and has a good front camera but it heats up fast and the interface is gimmicky.
India's Billionaire club: Who won, who lost
Billionaire club sees one entry, five exits in first 7 months of year.
Mumbai billionaire's grand plans come unstuck
NSEL is the latest example of how Jignesh Shah's grand plans are coming unstuck.
Indian row over poverty extends to Harvard and Columbia
The debate boils down to what path India should take in coming years as slower growth puts further poverty reduction at risk in the world's second-most populous nation.
Indian investors go overseas to shop for infra projects
As domestic opportunities diminish, investors look abroad for these projects.
An Indian airport has one of the best on-time records
Let's take a look at some airports that have best on-time record in Asia, including one from India.
Markets snap eight-day losing streak, FinTech jumps 31%
Coal India moved higher by over 3% to Rs 263, despite of weak April-June (Q1FY14) results, on expectation of earnings improvement by going forward.
Bangalore among world's top 8 tech innovation hotpots
India's Silicon Valley, Bangalore has been ranked among the world's eight largest technology innovation clusters by MIT Technology Review.
Booming business: How gold is SMUGGLED into India
With import duty on gold raised to 8 per cent, smugglers are back at work.
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| August 02, 2013 | | BSE: Top losers and gainers
The 30-share Sensex dropped 153.17 points to end at 19,164.03 while Nifty declined 49.95 points at 5,677.90.
COLUMN: Beyond the Bhagwati-Sen slugfest
Recent growth has wrought enormous environmental destruction and degradation in India, says .
From Dzire to Amaze: The top 9 sedans in India
Indians' love for hatchbacks and SUVs are well known. However, sedans, too are becoming increasingly popular in the country, and the segment is quietly gaining marketshare.
'China's Paris' turns into a ghost city
China build a township modeled on Paris with a scaled-replica of the Eiffel Tower to accommodate at least ten thousand residents.
Delhi's public transport: Are buses better than the Metro?
New bus clusters in New Delhi aren't coming up, as there is a shortage of land for depots.
PIX: Why Google's Motorola Moto X phone is 'special'
Motorola on Thursday unveiled a new smartphone that consumers can personalise with a choice of colours and materials, hoping to stand out in a crowded market and justify the $12.5 billion that Google Inc paid for the ailing handset maker.
The misery of gold miners in Sudan
In their quest for gold, these miners risk their lives and plunge into dark gorges in the barren deserts of Sudan.
Why India must say no to 'jugaad'
What was being hailed as innovation in Indian industry not so long ago was nothing but cutting corners and skipping processes.
India's 10 best brands, Tata is No 1
The Tata group has touched the lives of millions of Indians since the last 100 years.
What explains steep poverty fall in India from 2004 to 2011?
Poverty figures for 2011-2012 have shown a steep decline since 2004-2005.
Sensex, Nifty post biggest weekly fall since mid-March
Broader markets ended weak with mid-caps falling 0.4 per cent while small-caps declined 1.3 per cent on the E.
Poll: Is Subbarao the 'worst performing' RBI Governor?
Along with the Finance Minister, the country looks up to RBI Governor in times of crisis. Among the last five chiefs, who have lived up to the people's expectations? Find out...
Indians can travel to 51 countries visa free, Danes 169
There are some countries whose citizens can travel without much restrictions, while others have to queue for visa.
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| August 01, 2013 | | Govt eases norms for FDI in multi-brand retail
The government eased investment rules for the retail sector on Thursday in a renewed attempt to attract foreign supermarket operators such as Wal-Mart Stores Inc and Tesco.
BSE: Top losers and gainers
The broader markets were battered heavily. BSE Mid-caps and Small-caps indices fell between 1-2% on the BSE.
IMAGES: India's most popular SUVs
The journey ahead, however, will not be easy, with the price of diesel, the most preferred fuel of the oil-guzzling SUVs, going up steadily.
Kavin Mittal's quest for a killer app
Just as his father Sunil Mittal ignited a revolution in telecom in India, Kavin is trying to do so in a space that represents the rapid convergence of two industries-the internet and telecommunications.
Auto sector produces mixed results in July
The company, however, said sales of the compact segment comprising Swift, Estilo, Ritz were down by 11.9 per cent to 13,882 in July this year as against 15,759 units last year.
UK's 'visa bond' and its consequences
It now appears that London wants to go ahead with �3000-bond surety.
PHOTOS: Betting on casino to turn around fortunes
A tycoon in Macau is betting on casino to turn around his luck.
World's biggest wine brands are capturing new markets
Let's take a look at some of the biggest wine brands in the world.
The danger of defending the rupee revealed
To first take a position that the currency would be managed, and then to witness it fall, is a grave loss of credibility for any government, and for any central bank.
Who should be the next RBI Governor? Vote!
With RBI governor Duvvuri Subbarao retiring in September, 2013, the government is on the look out for the most eligible person to head the Reserve Bank of India.
India's first hydrogen fuel cell bus developed by Tatas, ISRO
The CNG-based vehicle features Hydrogen stored in high-pressure bottles on the top of the bus.
Guess which country has the highest income tax?
Although many European countries have high income taxes, they don't charge as much as India.
Markets end flat amid volatility, FinTech plunges 65%
Financial Technologies hogged the limelight after the stock plunged 65% today.
Maruti to launch new Alto K10 by Diwali
The model will get new upholstery and audio system.
Another scion rises on the Indian IT horizon
Shiv Nadar's daughter, Roshni, joins HCL Tech board
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| July 31, 2013 | | PM promises bold, decisive steps to accelerate reforms
Prime Minister Manmohan Singh on Wednesday said the government will act boldly and decisively to revive economic growth.
Petrol price hiked by 70p a litre, diesel by 50p
New prices are effective tonight.
Posco's Odisha project faces local ire
Resentment is also brewing over the fact that instead of employing locals, peripheral development work has been entrusted to outsiders.
Govt to further liberalise FDI policy, says Chidambaram
The finance minister added that Indian government revenues are expected to increase by 21 per cent in the 2013-14 fiscal year.
Business jets fly into government headwinds
The Ministry of Home Affairs (MHA) has stopped issuing temporary landing permits (TLPs) to air crew of foreign-registered business jets, citing security concerns.
IMAGES: Clocks that take you down memory lane
Tick tock around the world.
The 10 biggest ad agencies in the world, post-Publicis, Omnicom merger
With the Publicis-Omnicom merger creating a gian of an ad agency, let's have a look at the 10 biggest advertising agencies in the world.
Sensex recoups from day's low to end flat
India's benchmark index, Sensex ended on a flat note after a volatile trading session as investors braced for the US Federal Reserve policy meeting with caution.
States with longest National Highways; Uttar Pradesh is No.1
India's National Highways form just 2 per cent of the country's road network India's National Highways form just 2 per cent of the country's road network.
Rupee rebounds from record lows
The rupee on Wednesday dropped by 73 paise to 61.20 in the late morning deals on persistent month-end dollar demand from importers on the back of strengthening in
Subbarao on RBI's liquidity-tightening measures
Rapid depreciation of the rupee put us in a vicious spiral: D Subbarao
17 most expensive currencies in the world
Here are high value currencies that are more expensive than dollar.
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| July 29, 2013 | | Chidambaram endorses both Bhagwati and Sen's economic models
India can never be a truly happy, prosperous country unless our passion for growth is combined with compassion for the poor, said Chidambaram.
RBI to manage liquidity as rupee stability trumps growth
The central bank's policy focus has shifted from reviving economic growth to defending a rupee that hit a record low of 61.21 to the dollar on July 8, when it was down more than 9 per cent since the start of the year.
BSE: Top losers and gainers
Markets slumped for fourth straight session this Monday as investors braced for the central bank meeting with caution.
FIPB clears Jet-Etihad deal with some riders
The Foreign Investment Promotion Board (FIPB) on Monday cleared Abu Dhabi-based Etihad Airlines buying 26 per cent stake in Jet Airways for Rs 2,058 crore (Rs 20.58 billion) with some conditions.
The Rs 18 crore palace on wheels
The mobile home can make vanity vans of Salman Khan and Shahrukh Khan look modest.
Why the Planning Commission should wind up
The Commission more or less speaks for the government in power and nothing else.
How Facebook is showing the way to other tech giants
Number of people going to Facebook via mobile devices continues its inexorable rise.
Spooked investors avoid taking risks ahead of RBI policy
The broader markets ended lower with mid-caps and small-caps falling over 1 per cent on the BSE.
PM to meet India Inc to soothe frayed nerves
Top business leaders to raise issues on investment, trade and the rupee
2014 Range Rover Sports to drive in India before Diwali
It is one of the most anticipated luxury SUV that has garnered 15,000 bookings before launch in Europe alone.
Is India planning to take a loan from IMF?
A rapidly deteriorating balance of payments may warrant that but the political climate is too risky
Bhagwati vs Sen: What is the real conflict?
Jagdish Bhagwati, professor of economics and law at Columbia University, tells Nayanima Basu he is not anti-redistribution, adding the crucial issue is where the money would come from.
Soon, you can buy Tata Nano online!
The company planning to have a larger push to small car even as sales continue to remain subdued.
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| July 26, 2013 | | 'It is high time to jettison Amartya Sen'
Jagdish Bhagwati keeps the debate with the Nobel Laureate raging in this interview with .
Wipro Q1 net profit at Rs 1,623.3 crore
India's third-largest software services exporter, Wipro said quarterly profit rose 11 per cent from a year earlier, in line with analysts' estimates, after an increase in orders boosted earnings.
Policy change unlikely to bring instant dollar inflows
Changes in the multi-brand policy unlikely to help the entire retail sector.
Thin line between poverty and starvation
Proportion of people living below the poverty line came down from 37.2 per cent in 2004-05 to 21.9 per cent in 2011-12.
Why RBI is not doing enough to defend the falling rupee
It is focussing on long term growth, which may not be good for the currency.
A STUNNING $40 million mansion waiting for buyers!
The magnificent 10-bedroom mansion once owned by fashion designer and founder of Gianni Versace, an international fashion house, is set to be auctioned.
Force One SUV gets new variants, starts at Rs 8.99 lakh
Adds a bare bones entry level EX and a top-end LX variants. The latter comes with 4-wheel-drive.
Buying a smartphone? Find out the BEST in India
Buying a smartphone can be very confusing today. Here's the list to help you narrow down on your choice.
The Sen-Bhagwati slugfest: Not the 1st in history
Is the unfolding Bhagwati-Sen debate likely to have the same impact on economic policy in India as Hayek versus Keynes had on the West?
Three Indian cities among world's BIGGEST
Let's take a look at 25 biggest megacities in the world.
Sensex slips for 3rd day, drops 57 points at close
The benchmark S&P BSE Sensex fell for the third day and closed 56.57 points lower at 19,748.19, dragged down by metal, realty and bank stocks ahead of the RBI's policy review next week.
India's most preferred employers, IBM tops
Engineering students continue to prefer working with IBM as it is the most preferred brand.
Crisil slashes India's GDP forecast to 5.5%
Rating firm Crisil revised downwards its GDP growth forecast to 5.5 per cent this fiscal
Azim Premji sees double-digit growth for Wipro
Wipro is poised for double-digit growth in the coming years as the US market is recovering and consumer spending improving, Chairman Azim Premji said.
The Indian connection to Red Hat's growth story
The company that set up its R&D centre in early 2000 with just about 10 employees has grown to a 300 employee entity.
IMAGES: India's Disneyland on a roller-coaster ride
Maharashtra government orders probe into land acquisition by theme park Imagica.
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| July 25, 2013 | | 'Amartya Sen is the only economist to have hurt India's poor'
Bhagwati criticised Amartya Sen for supporting the Food Security Bill, saying it is going to fuel inflation.
Mercedes launches E63 AMG, priced at Rs 1.29 crore
it comes with a 5.5-litre V8 engine, with a displacement of 5,461 cc.
The Sen-Bhagwati spat: 7 things you should know
Minor disagreements between Jagdish Bhagwati and Amartya Sen have amplified into a shouting match.
2G: Anil Ambani gets exemption from court appearance
Reliance ADA Group Chairman Anil Ambani was on Thursday exempted by a Delhi court from personally appearing before it on Friday as a prosecution witness in the
SPECIAL: Six steps that can put the economy back on rails
Overseas investors are scared of putting money in India - and this should worry the government, says T V Mohandas Pai, Chairman, Manipal Global Education and former member of Infosys's Board of Directors.
Markets sink on global weakness, F&O expiry
Markets ended lower on Thursday following the expiry of July derivative contracts weighed down by profit taking in FMCG shares after recent gains.
Google unveils new Nexus 7, higher price tag
It has much better display and is slimmer than the previous device.
Skoda may launch 2013 Octavia next month in India
Though it will replace Laura, the new model would retain latter's petrol and diesel engines.
Q3: Cheapest Audi offering brilliant performance
The car feels as if it's always on edge.
India to be world's third largest auto market by 2016: IHS
It will overtake Brazil, Germany and Japan.
10 countries facing financial black hole
Let's take a look at 10 economically riskiest countries.
India's most competitive states: Maharashtra beats Gujarat
India's diverse and dynamic states contribute towards making India an economic power.
America has fought back after years of recession: Obama
President Barack Obama on Thursday said that the United States has fought its way back after years of worst economic recessions in the country.
8 closest rivals of Datsun GO
GO is the first Datsun car for the 21st century.
The great Indian listed firm ROBBERY!
Vikash Metal & Power says it lost a building and other stuff worth Rs 90 cr to an "incident of robbery" and auditors endorsed it
INVEST in these 14 sectors to build global economy
Let's take a look at 14 infrastructure sectors that need immediate attention.
SX4, Civic, Corolla to cost LESS
The CBEC admitted the three models are known as sedans in trade, not as SUVs.
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| July 24, 2013 | | Biden sees India as a land of opportunity for US companies
Biden was clear that a powerful, growing and vibrant Indian economy was in America's interest.
BSE: Top losers and gainers
The 30-share Sensex ended down 211 points at 20,091 and the 50-share Nifty slipped 87 points to close at 5,991.
Top 10 supercomputers, China beats US
Beating the United States, China has made a giant leap in the field of supercomputers.
Why do expats find Asia-Pacific cities cheaper
In India, Mumbai has emerged as the most expensive city for expatriates and was ranked 118 in the Index. Last year, Mumbai was ranked 114th on the list.
Apple silences critics; sells over 3 crore iPhones in 3 months
It went up 51 per cent in third quarter compared to last year.
Can we trust India's poverty figure? Well...
The Planning Commission has issued poverty estimates based on the Suresh Tendulkar methodology, while admitting it was not taking this seriously.
GM RECALLS 1.14 lakh units of Tavera in India
The 1,14,000 affected vehicles will be repaired free of charge at GMI's 280 dealers, the company said.
Nokia unveils low-price Lumia 625 with 4.7-in screen
Price before taxes and subsidies is Rs 17,300.
Singur: A tale of ambition, politics and BLATANT LIES
Mamata Banerjee and Singur share a history that dates back to 2006.
Future of flying: Solar-powered planes?
For now, it does not seem possible that solar-powered aircraft can be used as passenger planes. Only a revolution in technology related to solar panel or battery can help.
Pay high premium to 'buy patriotism'
The government will have to pay between 5% and 6% on domestic dollar deposits for a 5-year period if it wants to lure overseas Indian money.
For the mobile Internet, tomorrow belongs to Asia
The number of mobile Internet users in the developing world will overtake those in the developed world for the first time.
Markets slump as RBI imposes fresh restrictions on banks
Markets ended over 1% lower, snapping a five-day winning streak, amid a sell-off in bank shares after the central bank late Tuesday imposed fresh restrictions on commercial banks' access to cash.
Ambassador to be reborn as a compact sedan
Hindustan Motors is planning to launch two variants of the popular car - a sub-4 metre sedan and a new generation Amby.
Two Indian cities among world's 20 outsourcing hubs
Let's take a look at top 20 outsourcing cities in the world.
Gold smuggling is back with a bang!
Following recent govt moves, seizures shoot up in Nepal and Bangladesh
10 best-performing tech CEOs in the world
Here are the leaders that have created the best value for shareholders while maintaining high standards of corporate social responsibility.
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| July 23, 2013 | | States with highest and lowest poverty rates
The poverty ratio was highest in Chhattisgarh at 39.93 per cent.
UPA report card: Delayed projects and empty promises
Some of the reasons for time overruns were delay in land acquisition, delay in forest clearance, Maoist activities, law and order, delay in supply of material.
Gold at over 1-month high of Rs 28,365/10 grams
The upsurge was further supported by a firming global trend.
Anti-Modi Amartya Sen says Gujarat has its merits
The economist said it was wrong to portray India's governmental experience as a complete failure.
Consumer confidence: India drops to 3rd position
Consumer confidence in India was indexed at 118 in Q2 2013, a two-point decline from Q1 2013 (120), and a one-point decrease from Q2 2012 (119).
COLUMN: Vexing issues of gold import, current account deficit
The external current account deficit remains our biggest worry today.
World's 20 most admired companies
While some are recognised are for their exceptional products, others have earned a repute for excellent services.
SPECIAL: How Reliance Retail plans to strike it big
The home-grown retail player will strengthen its Reliance Market chain to take its turnover to Rs 50,000 crore (Rs 500 billion) in two-three years.
Digital media turns into a money spinner in India
As both video and streaming services take off, online entertainment is finally showing signs of making money.
New Mercedes E Class gets the most powerful engine!
The auto maker has taken the gamble and reconfigured the model to meet the challenges posed by its rivals. It might well prove a winning ploy.
Is Gujarat really a success story?
Data on growth in rural jobs and on progress in social indicators don't bear out the story of uniform and high progress
How TCS is able to beat Infosys in every aspect
The company has been able to help clients to transform their business and beat cost during the slowdown.
The best SUV for women drivers in India
Who says the snarling sports utility vehicle is only for men? Three SUVs battle it out to prove they are worthy of women's attention.
SPECIAL: Business lessons from Uttarakhand
Financial markets and public policy will have to privilege those businesses which not only reduce emissions but try to holistically resuscitate the environment.
Markets close higher for fifth straight session
Firm global cues, along with gains in FMCG majors ITC and Hindustan Unilever aid the upmove.
Indian economy a victim of bribery and corruption
Among the sectors seen as most vulnerable to corruption are the government and the public sector, infrastructure, real estate, metals, mining, aerospace, defence, power and utilities.
Planning to fly? Check out these 15 global airlines
Let's take a look at the performance of some major airlines.
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| July 19, 2013 | | RIL logs 19% profit growth in Q1 on strong margins
Gas production at KG-D6 field dropped by a steep 53 per cent.
'CBI finds violation of rules by Walmart in Indian deal'
The CBI, in its letter, said the matter was 'analysed' by the agency and it 'revealed violations of RBI guidelines and FEMA regulations'.
RIL delaying audit, says CAG, Moily defends
With CAG alleging that Mukesh Ambani-run Reliance Industries was delaying furnishing of records for audit, Oil Minister M Veerappa Moily on Friday said there was no problem and "everybody" was cooperating.
2G case: Anil Ambani, wife Tina summoned as witnesses
The agency had contended that Anil Ambani, who is the Chairman of Reliance ADA Group, will be able to 'throw light' on the issues of alleged investment by his group companies.
India needs a realist not an economist Prime Minister: BJP
Attacking Prime Minister Manmohan Singh for the price rise and the downturn in economy, BJP President Rajnath Singh on Friday said the country needs a "realist" and not an economist Prime Minister.
G20 backs tax plan, seeks to chart recovery
Fed stimulus withdrawal eyed, clarity sought from China
Ford EcoSport garners 30,000 bookings in mere 17 days
It beats the recent record of Honda Amaze that managed 22,000 bookings in about 20 days.
Too many problems forcing manufacturers to leave India
Manufacturing in India is no longer an attractive proposition.
Detroits' bankruptcy sends shockwaves across US
Detroit filed the largest municipal bankruptcy in US history on Thursday to seek relief for an estimated $18.5 billion in debt that has crippled the city that was once the hub of American manufacturing.
All efforts will be made to rebound economy: Manmohan Singh
PM attributes the rupee decline to widening Current Account Deficit and global factors.
India faces growing problem of more skilled workers than jobs
In 10 years, we will have two college-trained aspirants for every job.
TCS takes forward Infy's momentum
In the quarter ended June 30, the company posted 15.7 per cent growth in net profit at Rs 3,831 crore (Rs 38.31 billion) when compared with the corresponding quarter last year.
Mitsubishi launches anniversary edition Pajero Sport
Offers extra features such as a touch screen multimedia system with GPS navigation, rear view camera and super select 4WD system.
Shocking! India ranks 119 in economic freedom
India's economic development has been marred by corruption, says The Heritage Foundation.
Markets end flat ahead of RIL results, global events
The broader markets ended lower with mid-caps and small-caps dropping 0.5-0.6 per cent on the E.
RBI's move bad for industry: Naina Lal Kidwai
Days after RBI tightened liquidity to check rupee fall, HSBC country head and Ficci
Datsun Go vs Alto 800: Spot the difference
They just don't have similar colours, Datsun's marketing campaign too seems be inspired from Maruti Alto 800.
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| July 18, 2013 | | BSE: Top gainers and losers
The 30-share Sensex ended up 128 points at 20,128 mark and the 50-share Nifty ended up 65 points at 6,038 levels. The Sensex and Nifty touched an intra-day high of 20,176 mark and 6,051 levels, respectively.
TCS consolidated net profit jumps 15.5% to Rs 3,831 cr
An increase in orders and foreign exchange gains boosted earnings.
Meet on Niyamgiri mining project: Tribals in the dark
Even as this village on the slopes of the rugged Niyamgiris gets ready to host the maiden gram sabha on Thursday to decide the fate of a bauxite mining project on the hills, life for the local Dongaria Kondh tribals, who consider the hills sacred, continues as usual.
Fliers beware! AirAsia in India may not be good for you
The airline's entry may trigger charges for every extra service such as baggage and seat selection.
If Indian companies don't spend on R&D, they will die
At present, India spends 0.9 per cent of its GDP on research and development (R&D), which is well below what developed countries.
Rajiv Bajaj firm on not issuing free shares to Chakan workers
Bajaj blamed a 'few rotten eggs' for the strike.
Tackling unemployment remains a big CHALLENGE for US
Noting that the US still has a long way to go to address large scale unemployment, the White House said on Thursday the country's deficit is declining at the fastest pace since demobilisation after World War II.
Audi S6: A sports car for everyday driving
The car has best of both the world - a roaring brawny engine and super luxurious features.
IMAGES: 10 airports that have WORST record in missing flights
One of the biggest fears of travellers around the world is missing connecting flight.
India's most powerful CEOs, Mukesh Ambani tops
Mukesh Ambani has been ranked as India's most powerful CEO.
Plan Panel estimates show sharp FALL in poverty rate
The Planning Commission pegs decline at 7.8 percentage points between 2009-10 and 2011-12.
The faces behind Microsoft's reorganisation
Reorganisation of Microsoft represents the most sweeping re-structuring since 2008.
How G5 power can revive emerging economies
Brazil, China, India, Mexico and South Africa are still a logical grouping.
COLUMN: Govt's move on FDI welcome, but insufficient
Simple fact is that this will not be enough to get pools of long-term funds interested in India again.
Markets end higher amid rangebound trade
The market breadth in BSE ended marginally positive with 1,206 shares advancing and 1,110 shares declining.
Multi-brand retail FDI policy riders might be eased
The department of industrial policy and promotion, nodal agency for FDI policy under the ministry of commerce and industry, seems to have prepared a note for the Cabinet Committee of Economic Affairs to consider.
12 innovations from the 1950s that we still use today
The decade of 1950s is marked with some of the major scientific innovations. Here are few of them that are still relevant today.
Can Toyota remain the world's No 1 carmaker?
Who have you placed your bet on?
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| July 17, 2013 | | SC ticks off Sahara for not refunding Rs 24,000 crore
The bench, which said that Sahara group must refund the amount by August 31 or face personal appearance, however, refrained from passing orders as the counsel for Roy pleaded that no such order be passed without hearing him and posted the case for hearing on July 24.
BSE: Top gainers and losers
The Sensex ended up 98 points at 19,927 and the Nifty gained 18 points to end at 5,973.
China will see 7.5 % growth; no need for bailout, says Li
Li's comments comes in the wake of speculation that the government could come up with a bailout package like the massive $645 billion in 2008-09 to insulate Chinese economy from global financial crisis.
SPECIAL: Will microfinance firms make good banks?
One of the hurdles for MFIs towards becoming banks is an unsecured loan portfolio.
SPECIAL: Unilever steps up its India game
Unilever CEO Paul Polman appears to have achieved what he set out to do -- partake of India's growth story.
'Govt inertia and policy bottlenecks hurting India's economy'
A large part of the current slowdown can be attributed to the execution bottlenecks and falling investor sentiment in the country, says Ajit Ranade, Chief Economist, Aditya Birla Group.
Want to cut airfares 25-30%: AirAsia CEO
Mittu Chandilya has promised himself and AirAsia chief Tony Fernandes that through the next four-five years, India operations would be the largest among those of AirAsia subsidiaries.
How good is BlackBerry Q5?
Longtime BlackBerry owners might balk at the fact that the Q5's battery can't be removed, considering the fact that they could reset their older handsets if the software hung.
SPECIAL: Flipkart beefs up to take on Amazon
After all, talk of Amazon buying into Flipkart has been doing the rounds for long, although the two Bansals have denied it many times before.
Stunning PHOTOS has the world raising a toast to alcohol
From Spain to Taiwan, the taste for alcohol remains a constant, as these photographs show.
15 Indian companies that are most global
On an average 75 per cent of their total revenues come from international operations and they hold 57 per cent of their total assets overseas.
100% FDI will help foreign telcos buy out partners
The decision is likely to bring in at least Rs 5 lakh crore of fresh investments into the sector over five years by improving connectivity and competition
How a telecom miracle can happen in India
The mistrust between the authorities and service providers can end if the contentious issues are addressed as a package deal.
Rupee weakens ignoring govt's FDI steps
The rupee has gained only 0.9 percent since the close of trade on Monday after which the central bank resorted to indirect monetary tightening, but the bonds and rate markets have been roiled.
Markets end higher amid volatility, FMCG leads
Markets ended higher, amid a volatile trading session, on the back of strong buying interest in FMCG majors Hindustan Unilever and ITC.
Note-worthy: Whose face is on which currency?
How well do you know the popular banknotes from around the globe and the personalities featured on them?
Jet-Etihad deal may skid on valuation runway
Abu Dhabi-based carrier seeks a cut in premium it had agreed to pay on Jet's stock price
Tatas in expansion mode in Bengal
The group's major investments in Bengal are from Tata Metaliks, Tata Consultancy Services, Indian Hotels and Tata Hitachi.
How to destroy a well-run company? Learn from ONGC
Govt, after milking ONGC for all these years, wants it to bear part of the fertilizer and power subsidy that will arise out of gas price hike
Datsun GO: Striking, affordable and engaging drive
Datsun Go will be the five door hatchback and is called 'K2' inside Nissan's facility.
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| July 16, 2013 | | BSE: Top gainers and losers
The 30-share Sensex ended down 183 points at 19,851 and the 50-share Nifty closed 76 points lower at 5,955.
India makes risky bet with rupee defence
The measures unveiled Monday night in a rare display of tactical force by a conservative central bank would make it harder to speculate in the rupee and are intended to attract foreign inflows needed to fund a record current account deficit.
IMAGES: A $3.4bn building that's been a curse for buyers
The General Motors Building in New York is marked by buyers' curses.
Christie's plans FIRST auction in India
Global auctioneer Christie's is set to hold its first auction in Mumbai this December, a move, the London-based auction house indicates is a reflection of the growing participation of Indian collectors in the world art markteplace.
How Nissan plans to take on Tata Nano
Nissan's executive vice-president and CEO Carlos Ghosn's key man for his new strategy in emerging markets, Andy Palmer, tells Business Standard how the Tata Nano's experience made his company steer away from the $2,500 car.
RBI notification to affect ED's Walmart probe
$100-million Walmart investment of 2010 into Cedar, a group company of Bharti, is being investigated by ED.
Why Apple has much to gain in fighting e-books case
US tech giant has strategic reasons not to settle and to continue fighting the case.
PHOTOS: Tamil Nadu town that's driving India's garment sector
Town in west-central Tamil Nadu, 50km from Coimbatore, has reported a 10 per cent growth in order flow in the past two months.
RBI steps not to impact interest rate: Chidambaram
He hoped parliament would approve the real estate regulator and land acquisition bills in its monsoon session
IMAGES: How stocks were traded in the '90s
BSE, the first ever stock exchange in Asia, has had an interesting rise to prominence over the past 137 years.
Verdict: Volvo V40 defines what a crossover should be
It perfectly blends the personality of a brawny sports utility vehicle with elegance of a sedan.
Rupee closes with a gain of 58 paise
The rupee had lost 33 paise, the most in a week, to close at 59.89 against the dollar on Monday on fresh demand from banks and importers amid disappointing industrial production,
Markets slump as rupee measures may hurt growth
Markets snapped three-day winning streak to end lower on Tuesday after the central bank's move to reduce rupee liquidity and an increase in short-term rates dashed hopes of rate cut in the near term.
Can Murthy's magic make Infosys a star once again?
While having Murthy around will certainly help bolster employee morale, Infosys will have to go in for more process innovation and automation.
With PC sales in a free fall, where can Microsoft go?
If Microsoft can't clearly define its destination, a confused organisational structure isn't going to help it get there.
What to do when you inherit a tax mess
Tax problems that may occur after death run the gamut.
Why markets may give limited returns this year
Despite all the negative news, markets may not see a major correction or appreciation from the current levels.
We will never leave West Bengal: Cyrus Mistry
Mistry was in the state on his first visit as the head of the conglomerate
RBI announces fresh steps to tackle rupee volatility
RBI raised lending rates to commercial banks 2 per cent to 10.25 per cent making loans costlier.
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| July 15, 2013 | | Small is big for Japanese automakers eyeing India
Rising fuel costs and a fast growing middle class makes India a potential market for microcars.
Cherry picking: Why it is a good time to invest in IT stocks
The 20-stock index is up about 20 per cent in the past year - it has done much better than the Nifty's 12.5 per cent.
We encourage consumers to revalue junk, says Big Bazaar's CEO
Footfalls have increased anywhere between 10-40 per cent, says Sadashiv Nayak.
Nissan unveils Datsun 'Go', to be priced below Rs 4 lakh
The car will be available from early next year.
IMAGES: Advertising in social-media age: A whole new ball game
Advertisers are changing methods to grab consumers' attention.
Onion price zooms 114%, pushes food inflation to 9.74%
Inflation rose to 4.86 per cent in June, driven mainly by rising prices of food articles,
Rupee fall: How NRIs can get richer
NRIs can lock into NRE/NRO fixed deposits, buy real estate and invest in long-term equity investments.
Myths and reality of the Food Security Bill
All those who have been dismayed by the food security ordinance should thank Manmohan Singh and his colleagues for a neat optical trick, says T N Ninan.
How to tackle high home loan rate
Discrimination between old and new customers have come down after base rate.
Fiat puts faith in retro-style 500 model
It's the world's only car to offer an optional on-board espresso machine.
Rupee falls 33 paise amid fresh dollar demand
The rupee turned negative against the pound sterling to end at 90.13 from the previous close of 89.93 and also dropped against the euro to 77.98 from 77.61.
Market surges on growth recovery optimism
The broader markets ended higher with mid-caps and small-caps gaining 1 per cent on the BSE.
Narayana Murthy tightens grip over Infosys
N R Narayana Murthy, who returned to Infosys last month, has now taken over the driver's seat at the Bangalore-based company.
20 most profitable companies in the world
Let's take a look at 20 most profitable companies in the world.
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| July 12, 2013 | | Factory output CONTRACTS by 1.6%
The Industrial of Index Production was 1.9 per cent in April and 2.5 per cent in May last year, as per the data released by Central Statistical Organisation.
Indian automobile industry and auto sales
According to the data released by the Society of Indian Automobile Manufacturers (SIAM), motorcycle sales in last month declined by 9.16 per cent to 7,99,139 units from 8,79,721 units in the same month previous year.
BSE: Top gainers and losers
Markets ended on a positive note with 50-share Nifty surging above the key resistance level of 6,000 this Friday after Infosys, the company with fifth-highest weightage on the Sensex defied analysts' estimates and posted steady dollar revenue growth for fiscal 2014.
Investors didn't complain when India grew over 8%: Montek
Govt is looking at problem solving than structural reforms to address economic issues.
Gold, silver fall on sluggish demand, weak global cues
On the domestic front, gold of 99.9 and 99.5 per cent purity declined by Rs 25 each to Rs 27,300 and Rs 27,100 per 10 grams, respectively.
Nokia launches Lumia 1020 with 41-megapixel camera
Reviewers go gaga over the smartphone technology.
Trade deficit narrows from seven-month high in June
Indians' hunger for gold has made it the second biggest item, after crude oil, in the country's import basket.
Ford recalls diesel variant of EcoSport
There's issue related to the Glow Plug Module.
Govt draws another LoC for higher FDI
FIPB clears Telenor proposal to raise stake in Indian unit with the clause that officials who have worked in Pakistan will not be allowed in India.
Plastic money gains acceptance in rural India
HDFC Bank offers credit cards in areas with population of less than 10,000.
Setback for India's auto sector: Car sales down 9%
Domestic passenger car sales declined by 9 per cent to 1,39,632 units in June this year
Food security bill: More savings for the poor
To translate into more spending on education, health, and nutritious food.
Tech giants set to battle over game consoles and other gadgets
End of the smartphone battle may be coming into sight, but the operating system war is heating up.
Govt plans to 'promote' GM food rather than regulate it
The serious glitches in the Biotechnology Regulatory Authority of India Bill.
Verito Vibe: A frugal hatch for practical buyers
The car has a terrific ride quality, generous cabin space and a fuel efficient diesel engine.
12 banks that have largest capital in the world
Let's take a look at 12 biggest banks in the world, according to recent figures released by The Banker.
Infosys stock soars 15% riding on Q1 results
Spurt in Infosys scrip was significant in sending the BSE benchmark Sensex higher by 119.15 points to 19,795.21 at 0925 hours.
COLUMN: Why have some students rejected IIT?
The inference that the IIT brand name has been devalued is unfair; this could as well reflect a wider market for student choices
Tech Mahindra readies for big leap
The company has put in place a new team to scout for opportunities in new verticals and geographies in order to double revenue in two years.
There's a great chance for India, US to work together: FM
The Finance Minister said as a result of India's economic reforms, a number of Indian companies have grown in size and stature and at times tend to compete with the US companies.
Murthy magic: Analysts upbeat on Infosys
The results are better than analysts' expectations.
Rupee rises to 2-week high of 59.56 vs dollar
The rupee touched a record low of 61.21 on July 8.
Markets cheer Infosys Q1 result, narrowing trade deficit
The broader markets ended mixed with mid-caps inching up by 0.02 per cent while small-caps shed 0.2 per cent on the BSE.
Have trust in India: Anand Sharma tells corporate America
Sharma said both US President Barack Obama and Indian Prime Minister Manmohan Singh are firmly committed to take this relationship to greater heights.
Wage increase to hit Infosys' margins: CFO
The company, however, maintains its forecast for 6-10 per cent revenue growth for the current financial year.
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| July 11, 2013 | | Why India put the Preferential Market Access policy on hold
Unrelenting US pressure at the highest levels had led to New Delhi's capitulation.
BSE: Top gainers and losers
The Sensex and the Nifty touched an intraday high of 19,724 mark and 5,949 levels, respectively. Foreign Institutional Investors also turned buyers during the previous two sessions, exchange data showed.
Mercedes launches B Class diesel at Rs 22.6 lakh
The car has been a run-away success globally within the first few months of its launch.
Why RBI will be forced to hold rates on July 30
The rupee has depreciated by over 12 per cent since the beginning of the fiscal.
Gold zooms to 3-week high; up Rs 610 on strong global cues
The precious metal spurted to regain Rs 27,000 level after June 24 as it rose in global markets following Federal Reserve Chairman Ben S Bernanke backed sustained stimulus for the for some time.
When will rupee bounce back? Even RBI has no answer
The rupee has declined by about 9 per cent in the past three months and had touched an all time low of 61.21 to a dollar earlier this week.
Big-ticket property deals hit in Mumbai
Air India's plans to lease its headquarters in Nariman Point has been hit.
Why D-Mart is profitable when retail giants are not
The big question, however, is if it can sustain its business model as it grows and expands.
Ajit Singh open to any inquiry on Jet-Etihad deal
Rubbishing the allegation that his ministry went out of its way to facilitate the Jet-Etihad deal, Civil Aviation Minister Ajit Singh said he was open to "any inquiry" into the decision to increase air traffic rights to Abu Dhabi.
Foreign trips cannot bring investment: Yashwant Sinha
The government should shun populist measures and take tough decisions to rein in the fiscal deficit, says Yashwant Sinha.
COLUMN: Why measures to arrest rupee fall are not enough
Recent measures by the Reserve Bank of India and the Securities and Exchange Board of India are being seen by observers as an attempt to reverse the inexorable decline of the rupee.
How Tata Motors is rebuilding its car business
The company has refurbished as many as eight models, but it desperately needs to up the ante in the compact SUV and compact sedan segments.
Chidambaram now woos America Inc to revive Indian economy
Finance Minister P Chidambaram, back in the United States for the second time in less than three months, kicked off a series of meetings with American corporate heavyweights, making a pitch for American investment in India, even as the rupee continued to plummet.
Choppy trade: Rupee weakens marginally to 59.67
The rupee snapped a two-day up-move even as local stocks surged on US Federal Reserve Chairman Ben Bernanke's comments.
Markets surge on Fed stance, rupee gains
BSE Metal index zoomed by almost 3% followed by Realty, Banks, Oil & Gas, Capital Goods,, FMCG & IT, all gaining by 2%.
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| July 10, 2013 | | Jewellers to stop selling gold bars, coins
Wants to help govt fight the widening current account deficit.
First Apple computer fetches $387,000 at auction
The first original Apple computer hand-built and signed by the company co-founder Steve Wozniak has sold for more than $387,000 in an online auction.
Renewed US demand to lift Infosys, IT sector outlook
Spend on IT in US is expected to increase by 6.1 per cent in 2014.
BSE: Top gainers and losers
The 30-share Sensex ended down 145 points at 19,294 and the 50-share Nifty ended down 42 points at 5,817.
Gold, silver fall on subdued demand, weak global cues
The yellow metal fell by Rs 115 to Rs 26,715 and silver lost Rs 400 to Rs 40,350 per kg.
Lessons for stock market investors
Experts say retail investor does not need to look at the indices on a daily or even monthly basis and should invest regularly.
How Jaguar Land Rover plans to take on Audi, BMW
The company has expanded its line-up to nine models with several variants, making it the most aggressive luxury auto player in the country.
India's biggest companies, Indian Oil Corp tops
Like the rest of the world, it's the oil companies that are dominating the Fortune 500 entries from India in 2013.
SPECIAL: Why is a free market for gold risky and volatile?
Ten years ago, gold was selling at well below its long-term inflation-adjusted average, and the integration of three billion emerging market citizens into the global economy could only mean a giant long-term boost to demand.
SC asks Tata Motors to clarify its stand over Singur land
The apex court feels that the Tatas cannot say that they still have interest inland acquisition, as they have moved its car plant out of West Bangal.
Why US recovery is good news for the rupee
It will have a positive impact on India's trade deficit and GDP growth.
Why Indian markets have a bullish outlook
The Indian market is a bull market and the current weakening is merely a correction, says Apoorva Shah, executive vice president & fund manager (equity), DSP BlackRock Mutual Fund.
India looks to US in struggle to boost FDI, revive rupee
Long term foreign investment necessary for the economy as it more stable.
COLUMN: Justice and the Indian-American way
Is focusing on Rajat Gupta and Raj Rajaratnam the best way to chronicle the South Asian-American Diaspora's rise?
Rupee gains on RBI moves; more measures expected
The central bank has asked state-run oil companies to buy dollars from a single bank, said a source privy to the advice from the RBI, as the government struggles to stem the declining rupee.
Markets end lower on profit taking ahead of Q1 earnings
Markets ended lower on Wednesday, amid weak European cues, as investors turned cautious and booked profits ahead of the release of Fed minutes later today and Infosys' first quarter earnings on Friday.
India's most admired companies, TCS is No.1
Software giant TCS has replaced its group firm Tata Steel as the country's most admired
Is the Food Security Bill a game-changer?
Food insecurity and hunger are rooted in bad policies, faulty design, poor governance and a lack of political will.
Hot money exodus sends currency wars into reverse
Across most of the developing world, outflows have gathered pace.
Smartphone segment sees a whopping 167% growth in India
Indian smartphone mobile segment is finally catching up with global peers.
IMF downgrades India's growth projections
Revising its economic outlook, International Monetary Fund (IMF) today marginally
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| July 09, 2013 | | BSE: Top gainers and losers
The 30-share Sensex closed up 115 points at 19,439 and the Nifty gained 47 points to close at 5,859 for the day.
Gold snaps three-day losing streak; up Rs 280
The yellow metal witnessed buying from investors and stockist levels amid a firm global trend.
Skoda's new Rapid Leisure @ Rs 7.79 lakh
While the petrol variant of Rapid Leisure would be available at Rs 7.79 lakh, the diesel variant would cost 9.06 lakh (ex showroom Delhi).
Is Narendra Modi an economic reformer?
His vague good governance rhetoric, micro-managerial style, and realities of politics don't bode well for becoming an economic reformer.
Tough times for emerging markets
India is hugely vulnerable to a sudden stop in emerging market liquidity.
SPECIAL: Why did the Air India Maharajah get dethroned?
Unviable, politically-driven routes, strikes, high staff salaries despite low productivity, all led to the airline multiplying its losses.
SAT blow prompts Gillette promoters to mend fences
The frosty relationship between Gillette India's owners - Procter & Gamble (P&G) and Saroj Kumar Poddar - might be thawing.
Managing the rupee's fall without making mistakes
No room for mistakes while responding to the currency's slide.
3 YES Bank directors not fit and proper: Madhu Kapur family
Court defers hearing to July 15 as bank opposes amendments.
Currency slide gives FIIs the jitters
Foreign investors, who hold 40% of free float, have lost 10% on rupee fall this year so far.
What makes Pune a realty hotspot
Baner, tagged as Pune's "queen of the suburbs", is located on the northwest side and has emerged as a high-growth location in terms of real estate development.
Rupee rebounds as regulators move to curb speculative trades
Forex dealers said besides heavy selling of the American currency by banks and exporters, a higher opening in the domestic stock market, supported the rupee.
Markets gain on Rupee measures by regulators
Sun Pharma, L&T, HDFC Bank and Infosys among the top gainers.
Ride an AC tram, get a taste of old Kolkata!
Recently, West Bengal Tourism Department along with CTC launched air-conditioned trams to help Kolkatans get a taste of the city's heritage while seated comfortably in plush interiors.
Bank licence: What it means for the listed parent
The difference between low-value PSUs and high-value private banks may grow
Move over jugaad, here comes Evomo
The Ahmedabad-based start-up has developed a rural utility vehicle which can make travel safe and comfortable.
Gold import headache to resume after June plunge
Gold is second only to crude oil in India's import bill
Jewellers turn to diamonds, NRIs to beat policy woes
The moves could help create alternative demand sources for the battered yellow metal in the medium term and help somewhat cushion price declines.
Cyber criminals face longer prison terms, tougher penalties
Microsoft recently broke up one of the world's largest cyber crime botnets.
Net closes on tech giants use of loopholes to avoid taxes
There is no suggestion that any of the companies have broken law.
Jaguar F TYPE: A car that packs thrill, performance and speed
Jaguar F TYPE feels fast even while still.
Is 3G a missed call for telecom operators?
3G service providers are still struggling to get subscribers, primarily because of unattractive tariffs, low network coverage.
The Mehta who surprised Mallya
The low-profile chief of Deepak Fertilisers on Wednesday bought 24.46% shareholding in MCF.
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| July 05, 2013 | | BSE: Top gainers and losers
The 30-share Sensex ended up 85 points at 19,496 after hitting an intra-day high of 19,640 and the 50-share Nifty gained 31 points to close at 5,868 after topping the 5,900 mark in intra-day trades.
Gold snaps five day rally, down by Rs 110
Silver also dropped by Rs 800 to Rs 40,600 per kg on reduced offtake by industrial units and coin makers.
The secretive world of angadias
Bankers and couriers to almost the entire diamond industry, which swear by their superiority to India Post or any other courier service.
SPECIAL: Can Ranbaxy come out of the shadows?
It has hired consultants to advise it on a strategic project and compliance issues in the US. It also needs to improve employee morale.
Uttarakhand disaster: Should govt ban dam construction?
These activities need proper environmental assessment, disaster potential assessment, and climate change assessment before giving the green light.
The rise and fall of Brand Satyam
In its glory days, Satyam was the lifeline of Hyderabad.
Why Tatas need to take Charudatta's suicide more seriously
The management should have acted as soon as they were made aware of the senior employee's depression and abrupt exit for the company.
Rupee falls by 9 paise to 60.22 in volatile trade
The drop was also limited by fresh capital inflows and firm local stocks.
Emerging markets mania was a costly mistake: Goldman exec
Investors who ditched US markets for emerging ones during the financial crisis are set to pay a hefty price.
RBI clamps down on rupee speculation overseas
Foreign arms of many Indian firms under lens, have to seek approval to launch certain products
Gas price: Where did Moily get the $8.4 figure?
Govt approved a formula, not a price; PetroMin says a substantial rise was inevitable.
Markets end higher, US jobs data eyed
Markets gained for the second straight day but ended off their day highs as investors turned cautious and booked profits at higher levels.
New Audi RS5: Faster, sportier, swankier
The car perfectly blends in premium looks with prodigious performance.
Apple vs. Samsung: Tech giants in a battle over patents
Patents permit inventors to benefit from their creations by temporarily blocking competition.
HSBC's $1.9bn money-laundering settlement approved by US judge
HSBC has acknowledged compliance lapses, including a failure to maintain an effective anti-money laundering programme.
70% Nokia mobiles made in Chennai flout radiation norms: DoT
According to a top DoT official, there have been random checks at different factories of different handset makers and respective teams have submitted their reports.
Multi-million dollar pay package to Zynga's new CEO
Don Mattrick helped turn the Xbox business into a profitable venture after years of operating losses.
High-flying luxury: Battle for Asia's jet-set hots up
From limousine pick-ups to on-board chefs, Asia's premium airlines are investing hundreds of millions of dollars on luxury services.
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| July 04, 2013 | | Merc rolls out new E-Class @ Rs 43.65 lakh
The new E-Class diesel variant carries an introductory price of Rs 43.65 lakh or Rs 4.36 million (ex-showroom Pune), while the petrol version is priced at Rs 40.73 lakh or Rs 4.07 million.
How the Food Security Bill will drain the economy
The overall fiscal and inflationary consequences of the Food Security Bill for the country are "large" and will become clear from the next fiscal year.
When will Bajaj launch the much-awaited RE60?
Bajaj Auto, the world's largest three-wheeler maker, expects to launch its four-wheeled passenger carrier RE60 by end of the current financial year.
Gold continues rally; up Rs 30 on global cues
Extending gains for the fifth straight session, gold prices on Thursday rose by Rs 30 to Rs 26,830 per 10 grams in the national capital on increased buying by stockists and investors on the back of rising demand amid a firming global trend.
Douglas Engelbart, inventor of computer mouse, dies at 88
He had laid out a vision of an Internet decades before others brought those ideas to the mass market.
Why investors love Mahindra & Mahindra
Investors have been concerned about M&M's diversification into non-core businesses but the company is taking the right measures to build their confidence.
How the India-Europe bilateral trade pact will help
Time is running out for a possible India-Europe bilateral trade investment agreement that would be beneficial for both parties.
Have mutual funds been a success?
During these two decades, the total assets managed by the industry has grown from two per cent to eight per cent of the gross domestic product (GDP).
New banks: Why RBI must be cautious
New banks will mean the RBI must improve oversight.
Should bosses tweet? The do's and don'ts for executives
Social media may have taken the world by storm, but a group of influential people has remained aloof.
Don't depend on health cover by your employer
Take a top-up or a standalone health cover; it will help you switch jobs and give larger coverage.
Chanda Kochhar on her success story
Chanda Kochhar, became ICICI's first female CEO in May of 2009 - right in the thick of the global financial crisis - not an easy time to be the boss of a bank.
Rupee edges up, but RBI comments dent sentiment
RBI chief Duvvuri Subbarao's comments on the exchange rate, which would be read as innocuous in other circumstances, led to a sharp sell-off in the rupee, which the market took as a signal that any significant intervention was unlikely despite the currency hovering near record lows.
Race for Mallya's company hots up
Pune firm buys 24.46% stake from open market to become largest shareholder.
Bank hopefuls stare down road fraught with cost, risks
Stiff requirements on branch placement and liquidity make for an arduous path to profitability and scale.
Markets surge on global growth recovery optimism
The broader markets ended higher with mid-caps and small-caps gaining 0.3-0.6 per cent on the BSE.
Verdict! New Nissan Micra is apt for city driving only
The diesel version scores over petrol in ride quality.
India's aspiring banking moguls fail to impress
The scarcity value of the licences has attracted a motley crew of hopefuls, ranging from India's humble postal department to billionaires.
India slips two positions on global innovation index
India drops two places from its last year's position on the Global Innovation Index 2013.
No preferences, no govt say in issue of bank licences: FM
RBI said that 26 entities have applied for banking licence including Tata Sons, Aditya Birla Nuvo and Department of Posts.
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| July 03, 2013 | | Nissan launches two Micra Active, Micra Sporty
Active starts at Rs 350,000 and the other at Rs 479,000.
What ails India's airlines? 'Bizarre' govt rules
Indicating its intentions to fly abroad very soon, proposed airline AirAsia India on Wednesday trashed the "bizarre" policy of allowing carriers to operate international flights only after five years of domestic operations.
Gold rallies for 4th day, up Rs 100 on sustained buying
Traders said sustained buying by stockists and investors shifting their funds from melting stocks to bullion mainly kept gold prices firm for the fourth-day.
Stunning Audi RS 5 Coupe in India
German luxury carmaker Audi, which launched RS 5 Coupe on Tuesday, said it will soon increase prices of its models by up to 3 per cent to protect its margins in view of steep fall in the rupee.
Toyota to recall 185,000 cars globally, including Yaris
Models of the Yaris, known in Japan as the Vitz, that were made between November 2010 and March 2012, have been recalled.
State-run banks aim to open over 8,000 branches: FM
India plans to directly transfer cash benefits to bank accounts of people under various social welfare scheme over the next few years and is expanding the banking network.
How India can improve its highway network
If India had a road regulator in the late nineties, the capacity-building model based on public-private partnerships would not have been in tatters.
How FM, RBI handled the economic crisis
The response by the finance ministry and the RBI to the churning in financial markets is mature.
Banking foray: Tatas, Birlas, Bajajs banking on brand names
Using brand names of parent companies will help these firms connect with new customers.
20% of India's rich plan to give their money away
One out of five high net-worth individuals plan to give away their entire wealth.
Rupee extends losses for 3rd day, ends below 60
The government is expected to soon unveil measures such as opening up more sectors for foreign investment in a bid to attract flows.
Markets end in red again, bank shares weigh
Markets extended losses to end 1.5% down on Wednesday, amid weak global cues, with bank shares leading the fall.
Govt not divided on India-Abu Dhabi traffic rights: PMO
The Prime Minister's Office (PMO) on Tuesday claimed there was no disagreement within the government, or between ministers and the prime minister, over enhancement of bilateral air traffic rights to Abu Dhabi.
World's major banks find themselves in new TROUBLE
European Commission charges follow a two-year investigation.
Yellow fever: India's gold demand over the past 10 years
Despite the rising prices, the gold demand has grown steadily in the last decade except for the last two years.
COLUMN: Don't bet on the rupee's story to end soon
Rupee's misunderstood fall is far from over despite some near-term respite.
GM India hopes to solve engine issues in Sail, Tavera soon
The company had to stop production of Chevrolet Sail, Chevrolet Sail U-VA and Tavera.
What is Vijay Mallya and Rahul Dravid's Kolkata connection?
Both simply love to wear Kolkata-based designer Sharbari Datta's classic collection of 'dhoti' and 'kurta'.
'India does not have good story tellers'
Interview with Toonz Animation India CEO P. Jayakumar.
Maruti launches limited edition Swift RS
It is Rs 24,500 costlier than the existing model.
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| July 02, 2013 | | Jet-Etihad stake sale under examination: PMO
Amid controversy over the Jet Airways-Etihad deal, the Prime Minister's Office on Tuesday said the stake sale matter was still under examination and the issues raised have been referred to various concerned ministries.
BSE: Top gainers and losers
The 30-share Sensex ended down 114 points at 19,464 and the 50-share Nifty closed 41 points lower at 5,858.
RBI cracks down on forex speculative trading
Reserve Bank has discreetly phoned trading desks with unusually explicit messages to cut their speculative positions in the currency.
Lenovo bets big on smartphones in India
The Chinese PC manufacturer looks to ride its India success and tap the promising mobile devices market.
Amul: A unforgettable 50-year old ad campaign
Amul butter, the brand, was in the market since 1956 as "Purely the Best".
Tata, AirAsia chief meet Aviation Minister
Over four months ago the Foreign Investment Promotion Board cleared a proposal for the setting up of a new airline, AirAsia India, by Malaysian carrier AirAsia which has joined hands with the Tata Group and Arun Bhatia of Telestra TradePlace in a 49:30:21 joint venture partnership.
COLUMN: Why malnutrition, not hunger, is the problem in India
UN report shows holes in govt's food security proposal.
The entrepreneur who didn't miss the bus
From a village boy to CEO of India's largest bus ticketing service, Sama learnt about business on the job.
For 2nd consecutive day rupee closes in the red
At the Interbank Foreign Exchange market, the domestic unit commenced slightly better at 59.50 a dollar from previous close of 59.52.
RIL, Infy drag markets down 114 points
Benchmark share indices snapped three-day winning streak, amid a volatile trading session, weighed down by oil and gas share after recent gains.
Save smart and retire rich: Here are a few tips!
On an average approximately 4 to 5 million new professionals below 25 years of age join the workforce in India every year.
How to manage education loan repayment
When you have a new job, it is tempting to splurge. But always remember your loan repayment comes first.
How many days it takes to earn what a CEO gets in an hour?
It took around 10 days for the average Italian worker to make the $957 that his firm's chief executive made in an hour in 2012.
What keeps China from playing fair?
This corporate pragmatism makes sense individually, but may undermine efforts to make China one day 'do the right thing'.
China's corporate spying: A three-cornered problem
As the economy slows, Chinese companies are under lots of pressure.
Mitsubishi India discontinues Lancer EVO X, Cedia Sports
The company plans to focus on SUVs such as Pajero Sport and the Montero that have better profit margins.
World central bank policymakers change gears
Federal Reserve's move has thrown financial markets into a spin.
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| July 01, 2013 | | BSE: Top gainers and losers
Markets have ended a positive session of trade near the day's high -- on the back of buying interest in heavyweights. Global shares also boosted investor sentiments. The Sensex, after touching a high of 19,598, ended with a 1% or 182 points jump at 19,577. Nifty ended up 57 points at 5,899.
NEVER dip into retirement funds for other needs
The funds earmarked for other goals of lower priority, like holidays, holiday home, vacation abroad and so on should be used - not the retirement corpus.
Samsung to launch 9 products in India, soon
This is in line with its aim to consolidate its presence and increase its revenue base by over 30% in India.
How to make the most of your money!
Some important savings and investment tips.
India's auto sector paints a bleak picture
Maruti, M&M report weak sales, Hyundai up marginally.
India needs to diversify away from low-cost programming
India must diversify its services trade away from low-cost programming if it is to remain an IT-enabled hub.
India set to see boom in retirement home business
Concept of housing for the elderly still carries a social stigma in the country.
Review: What's good about Samsung Galaxy Grand Quattro
Making calls on the phone was hassle-free and we had no issues with low audio or dropped calls, despite the phone picking up just a bar of signal in areas with weak reception.
Can brands come to the rescue of the people?
Newspapers have carried stories of the Uttarakhand catastrophe.
SmartSense: An innovation to solve power crisis
Ahmedabad-based firm's 'intelligent energy monitoring unit' enables firms to keep a tab on power consumption.
For a good deal, go house hunting in the rain
Developers often quote high prices but they would be more than willing to give discounts.
They are good enough to die for us but...
Banking system has placed our soldiers in the lowest hierarchy of the new 'caste' system that has been created.
AirAsia's aggressive plan for domestic business in India
It will focus on the under-utilised airports instead of offering services in main hubs such as Mumbai and Delhi.
Planning to study abroad? Tackle the rupee fall first
Students going abroad could look at options like paying tuition fee in one go, as that can get discounts.
Will Sony succeed with the Xperia Z tablet?
The svelte Xperia Z tablet packs some punch, but is it worth the price tag it carries?
Rupee closes in the red, 1st time in 3 days
The rupee had rose by a staggering 80 paise, its biggest single-day gain in last nine months, to close at 59.39 amid signs of strong fund inflows on Friday.
Markets end at day's high, heavyweights rally
Weakness seen in software shares, auto stocks gain on good sales growth.
COLUMN: Govt courts controversy by increasing gas prices
India's reforms are business-friendly rather than market-friendly, says T N Ninan.
Now, you can't use credit card to buy gold jewellery on EMIs
Banks asked not to convert purchases into instalments; Cards not to be accepted for sale of gold coins.
Verdict: Honda Amaze is the best entry-level sedan
The car has a good balance of ride and handling, excellent packaging, good performance and is priced competitively.
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| June 28, 2013 | | Gold hits 23-month low
All round selling by stockists on free-fall in overseas markets and investors shifting their funds to surging equities mainly pulled down the gold prices to a level last seen on August 9,2011.
PM has lofty dreams about India's infrastructure
Prime Minister Manmohan Singh today set an
BSE: Top gainers and losers
The 30-share Sensex ended at 19,396 up 520 points or 2.75% and the 50-share Nifty ended at 5,842 up by 160 points or 2.81%.
Gold hits 23-month low @ Rs 25,650!
Silver also dropped by Rs 1,490 to trade below Rs 40,000 at Rs 39,010 per kg on poor offtake by jewellers and coins makers.
'Rajat Gupta's conviction not the end of Indian story in US'
Every accomplished major immigration group in America has had its heroes and fallen heroes.
US move to cut trade privileges is shocking: Bangladesh
Bangladesh on Friday termed as "harsh" and "shocking" a decision by the US to scrap its trade privileges for poor working conditions in factories, saying it has taken concrete measures to improve workers' safety and rights.
When risk is mispriced
Don't assume governments will set accurate benchmark interest rates for risk-free assets.
Rupee to see worst quarter in 10 years
Most Asian currencies are on a slide on worries about the withdrawal of US stimulus.
'FDI will not help when your economy is in trouble'
Foreign investors have their own calculations and they don't go anywhere to do charity, says Dr K. J. Joseph, Professor at the Centre for Development Studies (CDS) in Thiruvananthapuram.
Price comparison: EcoSport vs. Duster, Amaze, Swift
Ford's aggressive pricing makes the compact SUV a better option over popular hatchbacks.
Jewellers demand tapping gold in domestic market through bonds
The retailers are also mulling putting a stop to selling of gold coins and gold bars to curtail investments made in gold, according to an official of trade body All India Gems
Accenture CUTS full-year outlook as consulting SLOWS
Its consulting business clients are pulling back IT spending.
What is the correct value of the rupee?
Most importers and exporters are comfortable if the rupee 56-57 against dollar.
Rupee gains most in 9 months; reform move helps sentiment
Crude oil prices rose in Asian trade on Friday after a brief dip as dealers digested upbeat US economic data and comments from a Federal Reserve official that its stimulus programme will not end soon, analysts said.
India sees deficit falling, debt rising
There is vulnerability on both current and capital accounts.
Sensex surges for 2nd straight day; up 520 points!
BSE Metal index zoomed by nearly 5% followed by counters like PSU, Capital Goods, Oil & Gas, Auto, IT, Power, Realty and Banks, all gaining by 1-4% each.
COLUMN: Difference between super-rich and rest of the world
A recent incident has underscored one more way in which the lives of the super-rich are diverging from the lives of everyone else.
Flush with orders, aerospace industry retools for future
More than 35,000 jets worth $4.8 trillion will be sold in the next 20 years, according to Boeing's forecast.
Microsoft overhauls Windows 8 to attract users, apps
Updated Windows is aimed chiefly at soothing traditional computer users.
RBI further tightens gold import rules
The central bank said the restrictions would also apply to imports of gold which do not have a fixed price.
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| June 27, 2013 | | Slowing growth is 'most worrisome' factor: RBI
Slowdown in growth is the most worrisome factor and volatile capital flows have made the country vulnerable to "stops and reversals", RBI Governor D Subbarao said.
Sony launches SmartWatch 2 for Android phones
Allows users to access emails, notifications, maps and music control on the 1.6-inch watch screen.
India's discriminating policy in aviation deals
The aviation ministry's seat-sharing deal with Abu Dhabi reflects a puzzling and selective generosity.
How Mahindra & Mahindra turned around SsangYong
Sales have started picking up and the company has cut down losses. It's now looking to expand in other markets.
Regulatory delays can hit Idea Cellular's growth
Even if the company's merger issue was sorted out, it would have a lot of ground to cover in order to attract subscribers.
How Asia is DRIVING the digital future
Thanks to technology, completely new lifestyle opportunities are opening up where old ground realities are not relevant any more.
Good news for overseas investors in India
Sebi reforms to foreign investment were overdue, these changes are likely to have positive effects in the long run.
How inflation eats away all your savings
Tips to maintain your present lifestyle post retirement.
ECBs: From easy money to double whammy
Rupee depreciation and a slowdown in capital inflows make it harder for business to service liability, while keeping pressure on the currency.
Why employees can't switch off mobile phones during holidays
Mobile devices let people stay connected with work 24/7, which is both revolutionary and a curse, says a survey.
Can Ford's EcoSport TAKE ON Renault's Duster?
The compact SUV's exteriors and fuel efficiency could make it a tough challenger, provided Ford plays its price card well.
Tesla's unique and ambitious plan to sell cars
Electric carmaker is under attack from dealers.
Spending by ultra-rich signals market headed for slump
Theory goes that people make bad decisions at moments of extreme fear or optimism.
Markets end higher on lower CAD, rupee gains
BSE Oil & Gas, Healthcare and IT indices surged 2.5-3% each followed by counters like Realty, Banks and PSU, all gaining between 1-2%.
Rupee rebounds to 60.19 on lower current account gap
Fresh dollar selling by exporters on hopes of fall in the USD after downward revision to that country's first quarter GDP growth also helped rupee recover as hopes surfaced that the Fed may delay the plan to taper of monetary stimulus.
Malicious mobile apps SOAR by 600% globally
The growth in smartphones and devices has fuelled surge in malicious applications, which grew globally by over 600 per cent to 2.76 lakh in the one year.
India slips, US at top spot on FDI confidence index
Foreign Direct Investment Confidence Index is a regular survey of global executives conducted by AT Kearney, a global management consulting firm.
Govt may blacklist tax havens not sharing info
Move may make it difficult for Indians to do business with these countries
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| June 26, 2013 | | Ford Ecosport finally rolls out in India
EcoSport will be offered in four variants in petrol and diesel, mated with automatic transmission for effortless driving.
Tata Capital launches the 'Do Right' initiative
Tata Capital, financial services arm of the Tata group has launched the 'Do Right' initiative, a campaign aimed at inspiring and inculcating the 'right' values in children from a young age.
20 years of private mutual funds in India
Over reliance on debt and distribution bottlenecks are some of the main problems that the industry needs to resolve.
These are the world's top 10 AIRLINES
Emirates has been voted as the world's best airline.
Google not obliged to delete sensitive search information
Internet search giant claims it cannot erase legal content from the Internet even if it is harmful to an individual.
Why Tech Mahindra has a BRIGHT outlook
While the company will gain from enhanced scale and size following the merger with Mahindra Satyam, its ability to bag large deals will be a key growth driver.
Nissan readies small car for India under Datsun brand
The hatchback model is christened as K2 and will take inspiration from Micra.
I-T dept tightens rules for issuance of PAN card
Verification process to be made robust after detection of frauds
India set to have BIGGEST middle class in the world
Let's take a look at the growth of the middle class in India and around the world.
Satyam dead, but can TechM emerge from its shadow?
Tech Mahindra had acquired Satyam as part of a government sponsored bidding process in April 2009
Indians are really concerned about corporate responsibility
Feelings about corporate responsibility are highest in Brazil, Mexico, Indonesia and India.
COLUMN: Asia's emerging markets should be called 'submerging'
Everything, from stocks to bonds and currencies, has been hammered by indiscriminate selling.
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| June 25, 2013 | | BRICS seek to limit fallout of strong US dollar
Brazil and other developing nations are growing anxious about the expected withdrawal of stimulus in the United States
Gold down by Rs 20 on sluggish demand; silver flat
The sentiment in gold remained bearish as the metal traded near its lowest level since September, 2010 in global markets.
The Rs 41.51 lakh Mercedes E Class now in India
The company has been focusing on new product launches and network expansion.
Can private labels COMPETE with supermarket brands?
Store brands are giving brand managers of national goods companies some added anxiety these days.
India should take US pharma complaints seriously
The worry is that India's cavalier approach to intellectual property may catch on in other parts of the developing world
Immigration bill: Obama talks to Indian-American biz leaders
US President Barack Obama met a group of top business executives, including two Indian-Americans, to discuss the landmark comprehensive immigration reform bill that aims to provide citizenship to some 11 million illegal immigrants, including over 240,000 Indians.
COLUMN: Why the rupee needs to fall some more
The calculations on the inflation-adjusted value of the rupee are deceptive
Uttarakhand tragedy: Tourism bears brunt of DISASTER
The tourism sector in Uttarakhand has virtually come to a halt in the wake of the deaths and destruction caused by floods and landslides.
Substandard drugs: SC's clean chit to Ranbaxy
The petitioner failed to bring in evidence against Ranbaxy, said Supreme Court.
IMAGES:India's longest rail tunnel
The Pir Panjal tunnel, which runs below the 2.5 km Jawahar tunnel, connects the Bichelri valley of Banihal in Jammu with Qazikund in Kashmir and is to link J&K to the Indian rail network through the year.
Rupee finally ends with mild gains
Forex dealers said besides dollar selling by exporters, a higher opening in domestic equity market helped the rupee to strengthen.
Markets gain as central banks ease liquidity fears
Benchmark share indices recouped early losses to end higher on Tuesday amid a volatile trading session tracking rebound in China and firm European cues.
Companies that offer the best EMI schemes on smartphones
Though manufacturers advertise it as a 'zero processing fee' offer, credit card companies may still levy charges making the phone expensive by over eight per cent.
COLUMN: Microsoft needs narrower focus and more realism
Microsoft has done well in selling software to enterprises, but it has never really figured out consumers or hardware.
HOT HATCHES: EtiosLiva Sportivo vs. Polo GT TSI
Purely based on performance and drive experience, the better of the two is VW GTI TSI.
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| June 24, 2013 | | Tax collection from foreign companies at record high
India in February put an additional tax on companies with an annual taxable income of more than $1.83 million
BSE: Top losers and gainers
The Sensex finally ended down 233 points at 18,541. Nifty ended down 77 points at 5,590.
Indian economy is caught in a VICIOUS cycle
India is in a Chakravyuh, where with every passing day it is getting mired in one crisis after another.
Gold, silver tumble on stockists' selling, global cues
Gold in Singapore, which normally sets the price trend on the domestic front, fell by 1.4 per cent to $1,278.94 an ounce and silver by 2.8 per cent to $19.55 an ounce.
Branded living: Five-star hotels offer posh homes
Five-star hotel chains and real estate developers are collaborating on branded homes that not only offer a premium lifestyle but are sound investment options as well.
Centre suffering from multi-organ failure: Yashwant
Sinha said it was not possible to control inflation unless steps were taken to check fiscal deficit.
IMAGES: Yahoo's Mayer eyes video programming to boost growth
We're working on various methods in terms of how we can increase our video views, and watching, says Mayer.
PHOTOS: India hedges its bets as Asia embraces casinos
Many Indians bet on cricket and other sports at offshore websites.
SPECIAL: How rupee depreciation will hit consumer companies
Rupee depreciation to cut earnings 3-4 per cent in FY14.
Over 13,000 business units HIT in 3 Uttarakhand districts
The heavy rains that have lashed Uttarakhand over the past weekend, and the floods that followed, have blown the sails out of the hill state's fragile economy.
Rupee sinks to all-time low on huge FII outflows
Forex dealers said besides dollar gaining against other currencies in the global markets, a lower opening in the domestic equity market also, influenced the rupee.
Flashfloods: Infrastructure CRUMBLES in Uttarakhand
In the wake of killer flashfloods and landslides in Uttarakhand, infrastructure in the hill state has taken a big hit.
Markets end at two-month lows, ITC, L&T drag
Realty, consumer durables, capital goods lead losses, Broader markets underperform.
Sell your house, don't go for reverse mortgage
You will have to adjust to a new area and place but it will be financially more prudent.
After floods, religious tourism in danger of drowning
The suspension of the Char Dham Yatra this year and its cancellation the next will be a huge blow to Uttarakhand's unorganised sector
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| June 21, 2013 | | BSE: Top gainers and losers
Indian equity markets ended a volatile session on a positive note this Friday as investors preferred to buy technology stocks amid optimism that the weak rupee would improve profitability going ahead.
Pak money in Swiss banks higher than India's
In their local currency, the total funds held by individuals and entities from Pakistan in Swiss banks stood at over 15,000 crore (Rs 150 billion) Pakistani rupees as on December 31, 2012.
How UBS helped Indians with offshore firms
While UBS acted as master client for offshore firms, Sharecorp was a nominee of Indian beneficiaries.
Gold dips below Rs 28K, tumbles Rs 620
Traders said persistent selling by stockists in line with a weakening global trend after Federal Reserve Chairman Ben Bernanke signalled that the central bank may start curbing stimulus programme this year, mainly dragged gold and silver prices down.
Atul Singh: Coca-Cola's SUNSHINE man
Many say that Atul SIngh has been plain lucky to show heady growth for the company.
Re's downslide is making me unhappy: Chidambaram
The finance minister was reacting to the steady decline of the Indian currency.
POLL: Rupee may strengthen in a month
Government and Reserve Bank to take steps to arrest the fall of the currency.
As growth loses steam, unemployment up 10% in 2 years
Former chief statistician Pronab Sen says slow pace of growth has led to a rise in joblessness, but it is not huge.
Succession plan: Why India Inc STRUGGLES to find a leader
Too many corporate leaders cherish the crown of indispensability.
The UNHOLY nexus between business and politics
The unholy nexus between business and politics has taken a whole new form, says .
How rupee fall adds to India's external sector risk
As the rupee falls to new lows, the author reviews India's external sector risk indicators.
How Ambani plans to REVIVE the fortunes of Reliance Industries
A big chunk of RIL's fresh investments worth Rs 150,000 crore will go into refining, petrochemicals and exploration.
Dollar inflows, RBI intervention help rupee recover by 30 paise
The rupee on Thursday hit an all-time low of 59.93 intra-day, before the Reserve Bank stepped in to help the local currency recover some ground.
Markets recoup from 2-month lows; IT gains
Jindal Steel top loser among the Sensex stocks, slips 10% in the intra-day deals.
Microsoft again eyes Chinese market, but piracy still a hurdle
China has been a piracy trap for Microsoft: Many use its products, but few pay.
Household spend: Urban-rural gap narrows
Expenditure on food articles as a proportion of monthly expenditure is decreasing.
Indian money in Swiss banks dips to record LOW
Indians' money in Swiss banks has fallen to a record low level of about Rs 9,000 crore.
Special: What led to the rupee's big CRASH
Rupee has depreciated 8 per cent against the US dollar since beginning May'13.
Chrysler's application for .ram domain meets India's objection
The auto giant has approached the govt and offered to sign an agreement promising to use the domain name with caution
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| June 20, 2013 | | INFOGRAPHIC: How the rupee fared against world currencies
The rupee on Thursday plunged by a whopping 130 paise to hit life-time low of 60 against the US dollar in early trade on the Interbank Foreign Exchange on strong demand for the American currency from banks and importers
Rupee: Asia's worst performing currency
India's forex reserves enough to cover imports for just 7 months.
INFOGRAPHIC: Key job indicators
Ministry of Statistics and Programme Implementation recently published key employment indicators.
BSE: Top gainers and losers
The 30-share Sensex ended at 18,719 down 526 points or 2.74% and the 50-share Nifty ended at 5,656 down by 166 points or 2.86%.
Rupee DECLINE casts shadow over PE exits
Apart from bringing the margins down, the rupee fall is likely to hit the sentiments of global PE investors on India.
Rajan rules out more steps to curb gold import
Rajan further said the current account deficit would be better in June than in May.
Rupee falls to record low
Rupee falls to record low; bonds, stocks slump.
India sets up elaborate system to tap phone calls, e-mails
The Central Monitoring System was announced in 2011 but there has been no public debate and the government has said little about how it will work or how it will ensure that the system is not abused.
Gold import curbs to boost GREY market in India
The recent restrictions on gold imports will encourage smuggling and grey markets activities in the country.
How to PROTECT yourself from the rupee's fall
Global feeder funds provide geographical diversification from rupee assets.
Is Moily's 'import lobby' only GAS?
Veerappa Moily's allegation that an import lobby was against an increase in gas prices has found no takers among sectoral experts.
A TOUGH road ahead for the Railway minister
Mallikarjun Kharge on Wednesday took charge as the sixth Minister of Railways in the United Progressive Alliance (UPA) government's second term.
Re falls to nearly 60-level, ends at 59.57
The rupee fell to a record low of 59.9350 to the dollar, breaching past its all-time low of 58.98 on June 11.
Markets record steepest fall in 16 months
The rupee weakened against the dollar in late trades on Thursday tracking weakness in the equity markets.
Air India may CHARGE for meals on domestic flights
Full service carrier (FSC) Air India is now planning to charge for all meals onboard on its domestic flights.
Weak rupee draws NRIs to Indian realty
Delhi-NCR and Mumbai are still the most preferred destinations for NRIs to buy property, say property brokers.
Photos: STUNNING Lamborghini Gallardo LP550-2 in India
Italian super luxury car-maker Automobili Lamborghini has on Thursday rolled out an exclusive limited edition of Gallardo LP550-2 for sports car enthusiasts in the country.
The problems pedestrians face in Indian cities
Pavements are the first casualty of street widening to accommodate cars, says .
World's first flying car up for grabs for $1 million
The world's first flying car, developed in 1949 by an American designer, is up for sale for nearly $1 million.
Rupee fall: Car makers may HIKE prices
Hit hard by rupee depreciation, automobile companies including Toyota and General Motors, are keeping options open to increase prices of their vehicles.
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| June 19, 2013 | | BSE: Top gainers and losers
The market breadth was positive. Out of 2,519 stocks traded so far, 1,266 stocks advanced while 1,105 declined on the BSE.
Gold falls on global cues; silver ends steady
Silver ready ruled flat at Rs 44,600 per kg, while weekly-based delivery shed Rs 80 to Rs 43,780 per kg on lack of speculators' buying support.
How LOW COST 'med-tech' will transform India
A smartphone's camera, along with the app developed by the Mumbai-based Biosense, will be able to provide a detailed biochemical report instantaneously.
India recorded 2nd highest growth in HNI population last year
The growth in number of HNWIs in India was attributed to positive trends in equity market capitalisation, gross national income, consumption and real estate.
Renault launches diesel Scala @ Rs 8.29 lakh
The new variant Scala RxE extends the Renault diesel portfolio and offers customers a competitive and well-packaged diesel option, Renault India said in a statement.
COLUMN: For India, high growth is now a mirage
Policy focus should shift to targeting modestly good growth and using its fruits to improve lives.
India sees 2,152 phishing attacks in April
India, which has about 137 million internet users, accounted for eight per cent of the total phishing attack volume worldwide in April.
Govt plans to license 'brand Aakash'
Almost on the verge of being buried after a series of faux pas and controversies, the government is now trying to salvage its low-cost tablet project, Aakash, by turning it into a brand name.
CLSA upbeat on Infosys under Murthy
After 2 years of criticism, the brokerage firm approves new direction but says quick turnaround unlikely.
Huawei launches world's slimmest smartphone
The company picked the launch date - 6/18 (June 18) - to tie in with the smartphone's dimensions.
10 cities that saw biggest RISE and FALL of jobs in India
Let's take a look at five cities that saw fastest and five that saw slowest growth in online recruitment.
Home sales: Bangalore tops, Mumbai drops
The demand in Bangalore is mainly driven by affordable prices and healthy offtake.
BLACK MONEY: Classified notings baffle investigators
There is a clever modus operandi to keep the
Gujarat's growth story: Montek vs MODI
After securing an approval for a plan size of Rs 59,000 crore (Rs 590 billion) for this fiscal, Gujarat Chief Minister Narendra Modi on sparred with the Centre over
Govt eyes narrow political window for unpopular gas price hike
Finance Minister P Chidambaram has listed gas pricing as one of the issues he expects to resolve before the end of June.
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| June 18, 2013 | | At G8, US pledges to keep pressing for shell company laws
The White House said it would push US states to create registers of the true ownership of American companies.
INFOGRAPHICS: The top 5 gainers and losers
Markets ended lower on Tuesday, snapping a two-day winning streak.
Dubai now home to world's most sustainable building
After constructing the world's tallest tower, Dubai has now earned the distinction of having the "most sustainable" commercial building in the world - The Change Initiative (TCI).
COLUMN: Economic worries and the global elite
Making capitalism work for everyone, and not just the plutocrats, is our most pressing political and economic problem.
All about the Konka's Tuxedo W990 smartphone
If the first impression were the last impression, then this sleekly finished slim dual-SIM smartphone is sure to win you over despite being heavy.
IMAGES: Samsung plans faster Galaxy S4 smartphone
The new phone will transmit data at nearly twice the normal speed.
SECRET offshore companies opened by Indians, Mumbai leads
Of the 498 entities the International Consortium of Investigative Journalists (ICIJ) offshore leaks database throws up for the search 'India', 184 are based in Mumbai.
ROAD building, new hope for India's infrastructure
The IL&FS deal marks a sharp turnaround from last year when investor interest in public works plummeted.
10 industries that saw biggest RISE and FALL of jobs in India
Let's take a look at five industries that saw biggest and five that saw lowest growth in India.
If NRIs back out, Indian banks face big crisis
NRIs will abandon rupee-denominated accounts, causing a deposit crunch and worsening the current account deficit.
Is the Food security Bill a political gimmick?
Political commentators are of the view that to blunt the negative impact of double anti-incumbency, the UPA-II has to be seen as doing something like Indira Gandhi's Garibi Hatao.
Bank RATE-RIGGING was pretty big business
When traders got caught fiddling Libor, their employers blamed a few bad apples.
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| June 17, 2013 | | BSE: Top losers and gainers
The Sensex after touching a high of 19,344, ended finally at 19,326 -- up 148 points. Nifty ended up 42 points at 5,850.
AirAsia India appoints Ramadorai as Chairman
AirAsia India on Monday moved closer to getting off the ground by appointing S Ramadorai as its Chairman, ending months-long suspense and having in place the entire top management team.
China develops world's FASTEST supercomputer
China's defence scientists have built the world's fastest supercomputer, capable of performing 33.86 quadrillion operations per second, surpassing the US Titan supercomputer.
Expensive food items putting pressure on inflation: RBI
Given that food inflation remains high, the inflation outlook will be influenced by concerted efforts to break food inflation persistence.
IMAGES: Mercedes-Benz launches GL-Class SUV at Rs 77.5 lakh
Mercedes-Benz GL-Class SUV intimidates with its size, but it is an elegant machine for mature drivers.
What makes the Nexus 4 an IMPRESSIVE phone
Made by LG, for Google, the Nexus 4 is Google's fourth Android smartphone in the Nexus series.
The inside story of the YES Bank feud
The fight between Madhu Kapur, widow of bank's co-founder Ashok Kapur, and current Managing Director and CEO Rana Kapoor is not about money.
Volvo launches V40 Cross Country luxury hatchback at Rs 28.5 lakh
The hatchback comes with two engine options.
Weak rupee, high inflation force RBI to hold rates
The Reserve Bank has decided to keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of their net demand and time liabilities and keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 7.25 per cent.
New Gurgaon, Greater Noida emerge as realty hot spots
Experts say investors are investing in residential units in Greater Noida, hoping for significant returns through the next few years.
Re down 36 paise versus dollar to end at 57.87
Forex dealers said besides dollar's gain against other currencies overseas, fresh demand for the American currency from importers put pressure on the rupee.
How India can ease the current account DEFICIT
The wide current account deficit is structural in nature and only structural responses will work, says .
Yellow fever: Spoiling the appetite for gold
Restrictions on gold by the Centre & RBI will help, but can these make gold unattractive for investors?
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| June 14, 2013 | | Bajaj revamps passenger three-wheelers
Bajaj Auto has launched a new range of passenger three-wheelers, with improved mileage, changed styling and lower maintenance costs.
BSE: Top gainers and losers
The 30-share Sensex ended at 19,178 up 351 points or 1.86% and the 50-share Nifty ended at 5,808 up by 109 points or 1.92%.
IIP data BUNGLING: India's chief statistician explains
It is human error, which cannot be completely avoided in complex data like the Index of Industrial Production (IIP), says T C A Anant.
Import lobbies THREATEN petroleum ministers: Moily
Oil Minister M Veerappa Moily on Friday said petroleum ministers are "threatened" by import lobbies not to take decisions that will cut India's $160 billion oil imports.
Volvo launches V40 Cross Country at Rs 28.5 lakh
Volvo will have two new launches -- fresh models of sedan S60 and SUV XC60 -- in October to rev up sales.
Adani Group faces severe debt, financing issues
Adani group has interests in a wide range of businesses - trading, coal mining, realty, shipping, city gas distribution, power generation, edible oil refining, grain storage, food processing.
SALARY hikes: What India's top IT companies offered
While Infosys said it would give an average rise of eight per cent to its employees in India, Wipro has announced an increment of six-eight per cent.
IMAGES: Prices of gadgets set to shoot up as rupee falls
Consumers would soon have to shell out more to buy mobile phones, TV sets, cameras, laptops and other consumer electronic goods.
Rupee's sudden slide creates panic: Expert
There were also concerns over whether a depreciating rupee would increase the fiscal deficit by increasing expenditure on subsidies and jeopardise the repayment schedule for external commercial borrowings.
Navi Mumbai airport might be UNVIABLE, fears Cidco
Officials from the City and Industrial Development Corporation (Cidco) on Thursday expressed fears that the proposed international airport at Navi Mumbai could become unviable due to cost escalation, following prolonged delays.
Why substandard and fake drugs are rampant in India
Substandard and fake drugs are rampant in India because of the highly fragmented industry.
Economic crisis: India among most vulnerable nations
India is emerging Asia's canary in the 'hot money' mine.
Infosys: Sebi seeks details on board meeting
Infosys did not disclose the nature of the information sought by Securities and Exchange Board of India.
SPECIAL: What Murthy told Infosys staff
N R Narayana Murthy addressed Infosys staff on Thursday for the first time since taking charge of the beleaguered company as the executive chairman.
IMAGES: Airbus launches maiden flight of A350
The maiden flight follows seven years of development costing an estimated $15 billion.
Re at one-week high, rebounds 47 paise
Besides, dollar's weakness against some Asian currencies supported the local unit, forex dealers said.
Quick-fix solutions to manage rupee may not work
Besides kick-starting reforms, govt may have to look at sovereign bonds & hike debt limits for FIIs to manage currency.
FALLING rupee: India Inc's reliance on imports set to mellow
From being a net earner of foreign exchange ten years ago, India Inc turned into a net spender of forex.
How Chhattisgarh transformed its corrupt ration shops
Chhattisgarh proves no cash transfer or UID is needed to make PDS work.
The 4 BIG constraints to India's growth story
Rapid and inclusive growth in the medium term does not look too likely if one examines the array of unattended constraints.
The Falling Rupee
Domestic woes of high trade and fiscal deficits, high inflation, low confidence, lack of will for reforms, were adding to the fall of the rupee.
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| June 13, 2013 | | The STUNNING Mumbai Eastern Freeway INAUGURATED
The project, which has been in the making for five years, includes a 550-metre twin tunnel and a 9.29 km elevated road.
Govt CORRECTS IIP growth rate twice in a day!
Correcting the industrial output figures twice within span of a few hours, the government on Thursday said IIP grew at 2.3 per cent in April instead of 2 per cent reported on Wednesday.
ISB students invited to ring closing bell at Nasdaq
ISB students were invited to ring closing bell at Nasdaq.
How Rupee fall impacts education abroad
The worst hit, due to this crash of the rupee, would be students who are planning to pursue further education abroad.
Flood of foreign money fails to shore up stocks
Even as FIIs have pumped in $15 billion in 2013, key indices have declined 3%.
World Bank pegs 2.2 % global growth this year
Although risks from advanced economies have eased and growth is firming, despite ongoing contraction in the Euro Area, the pick-up in developing countries will be modest because of capacity constraints in several middle income countries.
SENIOR citizens rule a quarter of Indian firms
Many chairmen & MDs continue to hold reins well into their 80s.
World Bank sees 6.7% GDP growth for India by FY'15
The World Bank on Thursday forecast a 6.7 per cent growth rate for India by next fiscal as exports and private investment are projected to strengthen and provide a boost to growth.
Coal probe shows business in politics needs to be tackled
Ministers are forbidden to have any connections with businesses that are related to the work they conduct for the government.
Why jewellery stocks are losing GLITTER
Analysts expect more downside in this sector, with Titan still the preferred bet.
Infosys may hire a FOREIGNER as CEO
The company might hire a foreigner chief executive officer for the first time.
Drug makers pay lip service to R&D in India
Companies known for spending huge amounts on innovation globally have minuscule budgets for India. What's holding them back?
There's no reason to panic, assures Chidambaram
Finance Minister P Chidambaram talked to the press in New Delhi on Thursday to allay public concerns about the economy which is in doldrums.
Gold extends GAINS as stocks, dollar tumble
Markets will watch the policy meeting on June 18 and 19 for clues to a rollback of stimulus measures. Fed officials are divided over their ultra-easy monetary policy and some warn it could stoke future inflation and financial instability.
FM's reform talk draws blank; Rupee down 19 paise
Nifty futures traded in Singapore were trading down 0.8 percent in line with other emerging Asian markets.
Titan will have to revamp its financial model on gold business
Tanishq has been pretty much careful to not bet on gold prices.
Markets extend losses on weak global cues
Markets extended losses for the third straight day and ended over 1% down on Thursday, amid weak global cues, as institutional investors booked profit in blue chips.
Tough immigration rules in US may hit Cognizant hardest
Visa-related restrictions and costs to affect profitability of all major offshore-centric IT firms.
PHOTOS: Indian startups set to sail, work, live on floating city
The ship will have workspaces, Internet connection, 24-hour concierge services and gym.
Auto War: Ertiga, Enjoy and Innova go head-to-head
Multi-purpose vehicle segment has seen some serious activity in the past one year.
IN PIX: The $66bn video-games industry
Gaming industry prepares for the launch of next-generation consoles from Microsoft Corp and Sony Corp.
Is Rohan Murty's entry into Infosys JUSTIFIED?
A brilliant academic record, a self-effacing demeanour and a willingness to work hard - plus the famous Murthy DNA, even if he spells his surname differently. But do these justify Rohan Murty's entry into Infosys?
Murthy is as much at RISK as Infosys
Murthy created today's situation by pushing into leadership positions people who should not have been there.
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| June 12, 2013 | | Fitch revises India's credit outlook to STABLE
Taking note of the government's efforts to contain fiscal deficit, Fitch Ratings revised India's Outlook to Stable from Negative and affirmed 'BBB-' rating.
Montreal Protocol shows way for climate action
New deal to curb carbon emissions could copy features from the Montreal Protocol, which US and China favoured over its Kyoto counterpart.
Should you chase stocks or sit still? Find out...
Investors chase active managers or pick stocks themselves, usually buying and selling at the wrong times.
IMAGES: Think gold is a poor investment? Try gold miners
Recent months been worse for investors in gold mining companies.
Most of rupee depreciation may be behind us: BofA
According to BofA-ML, the rupee volatility raises near term risk to inflation and to a rate cut this month.
How to invest in G-secs and make MONEY
G-secs offer good liquidity, high safety. If the interest rate dips, as is widely expected, these could give you higher gains.
Is the government serious about FDI in retail?
With the issue of recent clarifications, the government seems to have decided to ensure that few, if any, actual foreign investors choose to enter the sector.
Fewer customers revolving their credit card dues
Awareness about need to have good credit record prompts users to pay on time.
India's industrial output growth crawls at 2%
Manufacturing, which constitutes about 76 per cent of industrial production, grew 2.8 per cent from a year earlier, the statistics office said.
Private sector BANKS come under the scanner
Their return on assets and fee income could be hit as the Reserve Bank might tighten other norms.
COLUMN: Halfway to an emerging bear market
One culprit behind the poor recent performance of emerging markets is growing bond market volatility and the knock-on effect that that may be having on so-called carry trades, under which investors borrow money cheaply in one currency and then invest it for what they hope will be higher returns elsewhere.
Retail inflation DROPS to 9.31%
Food prices for consumers rose an annual 10.65 per cent in May, slightly faster than an annual rise of 10.61 per cent in April.
20 cities earning MOST tourist dollars
Not all cities are able to attract top dollars.
Markets slump on fading rate-cut hopes
Rupee, however, added some respite after strengthening for the first time today during the last five trading sessions.
Why Narayana Murthy's RETURN to Infosys isn't so great
Narayana Murthy showed that he may be the greatest first-generation business leader of our times but he too is mortal.
Apple offers attractive EMI schemes for Indian buyers
iPhone sales jumped from about 70,000-80,000 units a month to about 400,000 units after the schemes were rolled out.
Re recovers from record lows; up 60 paise
In the global market, the US dollar made a minor rise against the Japanese yen today, following the previous day's rally for the Japanese currency after Bank of Japan didn't
Gold funds deliver HIGH gains on tumbling rupee
In the last five years, while gold prices appreciated 55.8% in dollar terms, in rupee terms, returns stood at 129%, primarily owing to the falling rupee.
Rupee vs dollar: From 1990 to 2013
With the Rupee crashing to a record low of nearly 59/dollar, it has become one of the worst performing currencies in Asia.
India alarmed at Uncle Sam snooping on us via Net
The cyber security dialogue between India and the US is coordinated by the National Security Councils in both countries.
Stubborn retail inflation may spoil rate cut hopes
Policymakers say falling rupee could lead to rise in prices of imported items such as edible oil and build up inflationary expectations in the economy.
| | | |
| June 11, 2013 | | Frugality: Success mantra of the new Tata boss
In early February, at his first Tata Chemicals board meeting as group chairman, Mistry sat quietly as directors debated efforts to find synergies between interests dotted around the globe, from Wyoming to Gabon.
PHOTOS: Apple reveals iOS 7 design revamp and iTunes Radio
Apple unveiled a music streaming service called iTunes Radio and new mobile software.
India to take warranted steps to stem rupee fall: Rajan
Rajan, further said, the government was not contemplating more steps to curb gold import, and significant reduction was likely in June.
Not unduly worried, Re to stabilise in 3-4 days: FinMin
The rupee has lost over 2.5 per cent in the two trading days of this week and nearly 10 per cent in the past six weeks on concerns of scaling down of stimulus packages by the US.
US fiscal deficit still high, but nobody moving to reduce it
The US fiscal deficit is still dangerously high, but nobody is moving to reduce it.
Govt clarifications add to confusion over FDI in retail
Latest 'clarifications' add to the confusion; foreigners may delay investments, and Indian firms will find it difficult to get investors.
Real estate regulation Bill fails to address key issues
Real estate regulation Bill is consumer-friendly and promotes transparency but does not address the issue of inefficiencies in the approval process and other delays by government bodies.
Address the current account deficit with concrete steps
Given recent tendencies, it was only a matter of time before the rupee fell below its previous low.
Poll: New low in store for Rupee this month
The rupee is expected to weaken further through June and end the month at Rs 58.50 against the dollar.
Rupee fall, import duty to hit domestic jewellers hard
The Rs 250,000-crore (Rs 2.5 trillion) domestic jewellery sector is likely to be hit hard by frequent rises in gold import duty and the sustained depreciation of the rupee against the dollar.
Rupee fall: Big jolt to oil marketing companies
FinMin recently stated that subsidy on petroleum products would not exceed Rs 80,000 crore, when exchange rate was around Rs 54.
IMAGES: Revamped Fiat Linea T-Jet hits Indian roads
Fiat has come up with a great offer for potential customers: a mid-size Sedan.
Rupee kisses 59 per dollar; retreats at close
Traders will watch out for any Reserve Bank of India intervention to prevent the rupee from weakening further.
India asks Fitch why it shared confidential info with US SEC
India is concerned that SEC might have influenced rating given to the country by Fitch.
IMAGES: 20 most valuable liquor brands in the world
Let's take a look at 20 most valuable liquor brands in the world.
PHOTOS: Inside Walmart, the largest retailer in the world
Walmart has 8,500 stores in 15 countries, under 55 different names.
Why Maruti, Tata Motors, TVS FEAR Bajaj now
Opposition to the idea of quadricycles is a story of sour grapes, says Rajiv Bajaj.
Rupee slide: Mixed bag for India Inc
Analysts say that the rupee trajectory, going ahead, will be a function of flows.
| | | |
| June 10, 2013 | | Air India expects 20% hike in revenue in 2013-14: Ajit
Air India also estimates that its EBITDA (earnings before interest, taxes, depreciation and amortisation) would increase.
Downslide: Rupee to FALL further
All the indicators point to a further steady weakening of the Rupee.
Gold to stay COSTLIER in India
The price of gold in India shot up 2.3 per cent in the past week.
Any rally in RUPEE will be short-lived
Emerging markets, including India have been large beneficiaries of global monetary easing.
Rupee FALL stirs concern about economy
Rupee hit a record low on Monday, escalating worries about the country's current account deficit and complicating the task of the central bank as it tries to loosen monetary conditions to spur an economic recovery.
Panic unwarranted, rupee to stabilise: FinMin
With rupee plunging to life-time low of 57.54 verus dollar, the Finance Ministry on Monday said there is an unwarranted panic in the market and hoped it will settle down in a some time.
Is the Indian FAMILY back in business?
The overall trend to professionalise has always seen an upward trajectory, but at varying rates of adoption.
Corporate governance failure at Ranbaxy?
It is unlikely that independent directors on Ranbaxy Board had no exposure to corporate governance models.
How India's urban poor also HELPS the economy grow
Most informal enterprises in slums employ local residents, generating benefits for the local economy.
Falling rupee: Some say bottom may be near
The rupee on Monday plunged by 48 paise to hit its life-time low of Rs 57.54 in early trade on heavy dollar demand and the US currency strengthening against major rivals overseas.
India, US eye stronger ties as PM set to visit Washington
Manmohan Singh will pay an official visit to Washington, DC, in September-October.
A rundown on candidates likely to replace US Fed chief
Barack Obama is likely to pick a candidate to succeed Ben Bernanke sometime during the summer.
20 most EXPENSIVE cities for foreigners
Let's take a look at 20 most expensive cities for foreigners in the world.
Hyundai DISCONTINUES Accent in India
The car was launched more than 10 years ago and is an asset that built Hyundai's credibility.
Should Narayana Murthy have come back to his 'other' family?
Many corporate leaders have dived back into the fray and helped their companies clamber out of graveyard.
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| June 07, 2013 | | India tops in global ATTRITION; 1 in four to switch jobs
Concerns among the Indian employees about fairness of their compensation and career objectives could be the key reasons for them to switch jobs.
Real Estate Bill: How it makes buyers the KING
The provisions in the bill will curb malpractices by developers and it even proposes to penalise them if norms are violated.
ANALYSIS: Founders at helm is Infosys' BIGGEST problem
The stranglehold of the founders over the Infosys management has strengthened after the recent changes.
Global $200-million credit card hacking ring busted
Eleven people in the United States, the UK and Vietnam have been arrested and accused of running a $200-million worldwide credit card fraud ring, US and UK law enforcement officials said.
Narayana Murthy: A big BRAND in the IT sector
Narayana Murthy is akin to being the first man on the moon for the IT services industry.
BlackBerry Q10: For those seeking smartphone with a keypad
Priced at Rs 44,990, the phone has all the features of BlackBerry's flagship device Z10.
Give us 'ABCD': RIL shareholders to Mukesh Ambani
Shareholders' demand list included from providing ABCD (appreciation, bonus, cash & dividend) security to making pepper spray.
Countries with most millionaires: INDIA ranked at 15
Private wealth in India will more than double to $4.5 trillion by 2017.
IMAGES: Pagani reveals a supercar with 800 horsepower
Let's take a look at this amazing piece of engineering.
PIX: US surveillance report fuels debate over privacy, security
Data on millions of customers targeted by US authorities.
America Inc complains to Obama on India's unfair policies
The US Chamber of Commerce has written the President complaining of India's discrimination against a wide range of US exports.
USIBC to campaign against US immigration reform bill
Hires 2 former US ambassadors to India.
Comeback role: The task ahead for Murthy
The one-time bellwether of the country's IT industry has slid to the third spot in terms of revenue, overtaken by a relative upstart, Cognizant Technologies (TCS is the largest).
Maruti may launch Ertiga CNG next week
The fuel option will be available in Lxi and Vxi version and would cost about Rs 30,000 more than the respective petrol variants.
TCS boss' salary HIKED to Rs 15 lakh
Tata Consultancy Services (TCS), India's largest information technology services firm, has decided to revise the monthly salary of Chief Executive Officer (CEO) and Managing Director N Chandrasekaran by half to Rs 15 lakh.
Why raising import duties on gold isn't enough
Govt raises import duties again, misses the point.
Honda HIKES Amaze PRICES by up to Rs 8,000
The Amaze accounted for more than half of Honda Car India's sales last month.
Centre's realty Bill could make homes more expensive
Developers' cost would go up with the wait to get all approvals before starting project.
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| June 06, 2013 | | BlackBerry Q10 launched at Rs 44,990
It will be available for sale in 20 cities across 1,000 stores from Friday.
Rupee fall not a cause of alarm, will soon stabilise: FM
Unfazed by the rupee touching psychological level of 57 against the US dollar, Finance Minister P Chidambaram on Thursday said there is no cause for alarm and the currency will soon find its stable level.
Some new bank licences before March 2014: FM
Finance Minister P Chidambaram on Thursday expressed hope that some new bank licences would be issued before March next year.
Mercedes Benz pushes for PRE-OWNED cars
The company feels dynamics of used car space was changing fast in India owing to various financing options available to customers.
India's future is digital, says Mukesh Ambani
According to a company statement, Ambani said he envisaged a new India in the not too distant future, where almost everything done digitally is transformed to a value-creating and life-enriching new experience cutting across all strata of society.
Fiscal deficit target of 4.8% is EASY to achieve: FM
High current account deficit, however, remains a major concern.
Car industry's woes far from over, says Maruti chief
Some economists have said the industry's woes have shown signs of bottoming out.
Apple patent case EXPOSES trade arbiter's flaws
A US ban on imports of older iPhones and iPads is example of the International Trade Commission being too quick to block products on dubious grounds.
Images: SEAPLANES set to take off in Kerala soon!
You can soon fly from Kochi airport and land amidst the expanse of scenic backwaters in Kerala.
The secret behind the rise in Coal India's profit
Production and prices have been stagnant for several years, but the company's cost-cutting drive is showing results.
Why austerity can be BAD for economy
In the current circumstances, aggressive efforts to rapidly reduce budget deficits may backfire and affect industrail output and jobs.
RIL to invest Rs 1.5 lakh crore in 3 years
The company will unfold its business plans going forward even as shareholders are seeking answers to the performance of the company's oil and gas exploration and production business.
US EXEMPTS China, India from Iran oil sanctions
The waivers mean that financial institutions in the countries do not risk being cut off from the US financial system.
Rupee recovers from near one-year low; RBI keeps watch
The government on Wednesday increased import duty on gold, and the finance ministry is looking at raising the cap on foreign investment in sovereign debt.
30 nations that are MOST COMPETITIVE in the world
Countries are competing against each other to attract businesses and tourists.
How buyers will get a BETTER deal from developers
The new Real Estate Bill will allay buyers' fears and concerns, and speedily redress grievances.
Gen-next Ambanis could join RIL soon
Akash and Isha might assist their father.
Mahindra LAUNCHES Verito Vibe at Rs 5.63 lakh
The car will compete with Maruti Swift and Honda Amaze.
Column: The rupee's FALL still makes waves
An immediate aftermath of the recent fall in rupee is rise in fuel prices, the decision made politically easy by simply blaming it on the exchange rate.
India's 10 BEST selling cars: Maruti Swift DZire tops
Beating Alto, Swift DZire has emerged as the best selling car in India in May.
| | | |
| June 05, 2013 | | How Emaar MGF DODGED rules to buy land in Dehradun
Many layers camouflage the acquisition of 1,127 acres of prime real estate in Uttarakhand's capital.
How the Realty Regulation Bill will HELP home buyers
The Union Cabinet has cleared the Real Estate (Regulation and Development) Bill, aimed at organising and monitoring the sector.
'India is like a GOOD house in a BAD neighbourhood'
The only asset class which has given them positive real returns in the last five years is gold, says Ridham Desai, strategist and head of India Equity Research at Morgan Stanley India.
INFOGRAPHIC: Why analysts are turning bearish on stocks
Corporate earnings continue to slide, weighed down by poor demand, inflation and rising interest.
Did D-Street traders have a whiff of Murthy's RETURN?
About 24 mn shares of Infosys worth Rs 575 cr were traded on both the exchanges on Friday compared to a three-month daily average of 14.5 mn shares worth about Rs 365 cr.
PIX: Two Indian cities saw biggest growth in tourist dollars
Despite the persistent weakness of constrained demand in the global economy, international travel is growing strongly.
Gadgets that REDEFINE your TV viewing experience
Sleek gizmos to catch your fancy.
What makes Mercedes-Benz S-Class an AMAZING car
This revamped version features the spirit and driving dynamics that its predecessor lacked, and now, has stood as an epitome of the modern luxury sedan.
How RBI can TAME the falling rupee
The Indian rupee has neared the record low of 57.32 per dollar that it hit in June 2012.
Food to cost MORE in Rajdhani, Shatabdi trains
After revising the food tariff for all trains except premier services last year, Railways have firmed up a proposal to increase the rates of food served in Rajdhani, Shatabdi and Duronto.
US panel backs Samsung, bans older iPhones, iPads
President Barack Obama has 60 days to review ruling.
Mohandas Pai: How Murthy can TURN AROUND Infosys
A centralised, founder-led model that relies on organic growth is no longer workable.
Tablet sales: Aakash BEATS Apple in India
Aakash tablet rules the tablet market in India during the first quarter of 2013.
Why Sensex is RISING when economy is in doldrums
Global liquidity and focus on Asia is causing the markets rally.
To REVIVE Infosys, Murthy must REVAMP sales, culture
The company's inflexibility on prices and margins and a tradition of rotating leadership roles amongst its founders have made it less nimble than rivals.
Morgan Stanley pegs GDP at 6%, sees Sensex at 23,000
Sounding bullish on the stock markets, it pegged the Sensex target at 23,000 by December.
Samsung UNVEILS new Galaxy 8-inch and 10.1-inch tablets
For the first time, the company will use Intel chips.
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| June 04, 2013 | | India to have 348 million Internet users by 2017
Internet traffic in India will reach 2.5 exabytes per month in 2017, up from 393 petabytes per month in 2012.
India in tight spot as rupee slides to record low
The rupee fell 4.8 per cent last month, and was the worst performing Asian currency as the dollar rallied broadly on speculation that the Federal Reserve will begin reducing its monetary stimulus later this year.
'India has a tendency to fear competition'
The fourteenth Annual Conference on Indian Economic Policy Reform held at Stanford, California discussed the 'Economic performance of India's states'.
India sends 200 secret tax info requests to Switzerland
India's global requests for obtaining classified tax information, in the face of a number of high-profile tax evasion and scam cases, has also seen a 59 per cent jump -- with a total of 646 requests -- as compared to a total of 386 similar letters during the 2011-12 fiscal.
Farmers plan to SERVE 'stop work' notice to Maruti
A draft notice has been prepared and villagers are deliberating on the issue and taking legal counsel.
India, China to be LARGEST investors in 2030: World Bank
The two countries will also account for almost half the global manufacturing investment.
Why proxy advisory firms are UNHAPPY on Murthy's comeback
Without panning Narayana Murthy's credentials, executives in many of these firms feel they are not sure about company's future.
Indians among those who FAKE most sick LEAVES
Direct cost of absence is often recorded in annual surveys, but the indirect cost are rarely reported.
Property investment: Chennai BEATS rest of India
The city saw an increase of 38 per cent to 40 per cent in high-end and mid-segment residential property.
What makes LENOVO Smartphone P770 attractive
Lenovo Smartphone P770 has all the juice to keep one hooked to it.
Verdict: Mercedes A Class is NOT tweaked for Indian roads
The design, however, is radical and takes flamboyance to a different level.
16 BIGGEST problems facing Indian economy
For the fiscal year ending March 31, India's GDP growth was 5 per cent, down from 6.2 per cent the previous year.
Why over-diversification of portfolio isn't good
While putting money across asset classes is a must, there should be some balance.
The 4 Cs that can turn around INFOSYS
Infosys must focus on a few steps for quicker returns, says a Barclays report.
Realty hotspots: GURGAON lags, Noida wins
Greater Noida and Faridabad have left Gurgaon way behind in growth when it comes to absorption or sale of residential units and project launches.
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| June 03, 2013 | | INFOGRAPHICS: Top ganiers and losers at the BSE
The Sensex, after touching a low of 19,542, ended at 19610 -- down 150 points ot 0.7%.
The TANGLED tale of Jindal's waste-to-energy project
Residents are concerned that the emissions and ash from the plant could severely impair their health and that of future generations.
Office space: Andheri-Goregaon beats top Mumbai districts
The Andheri-Goregaon business district, in Mumbai's western suburbs, has beaten some of the city's established business hubs, such as Nariman Point, Bandra-Kurla Complex and Lower Parel-Worli, in absorption of office space.
Murthy's return shows DEPTH of malaise at Infosys
The company should reward the confidence of the shareholders by returning some cash to them.
Public sector banks DECLARE war on corporate defaulters
Why banks are going hammer and tongs behind defaulters.
How Narayana Murthy can CHANGE Infosys' future
Unless Murthy launches an aggressive search for a significant infusion of new blood, he will find it difficult to implement the dramatic changes to Infosys' fortunes that everyone expects him to, says P R Ganapathy.
Tale of two titans: Narendra Modi vs. Shivraj Chouhan
A look at how Gujarat and Madhya Pradesh fared in various parameters under their chief ministers.
The TROUBLE with reappointing Narayana Murthy
Not only has the gap between Infosys and the market leader Tata Consultancy Services increased in recent quarters, even Cognizant has overtaken Infosys.
COLUMN: Protecting customers from 'banksters'
The RBI must apply its mind to the heart of the issue: are bankers competent to advise customers on anything other than their own banking product?
Boomerang bosses: When founders come BACK at the helm
N R Narayana Murthy's second stint at the helm of Infosys as chairman will be more challenging than the first time.
Why there is little hope for Saradha revival
It is difficult to re-enact the turnaround of Peerless.
| | | |
| May 31, 2013 | | INFOGRAPHIC: Core sector growth slows down
Reflecting subdued economic sentiments, the growth slipped to decade's low of 5 per cent in 2012-13, though improvement in fiscal deficit figures provided some relief to the government, which is battling slowdown.
Petrol, diesel prices HIKED
Petrol price has been reduced four times since March.
INFOGRAPHICS: Sector-wise GDP growth
Farm, manufacturing and mining sectors pulled down India's growth.
BSE Sensex: The top 5 gainers and losers
The Sensex crashed in the last hour of trade and ended down 455 points (or 2.25%) at 19,760. Nifty slumped 138 points at 5,986.
Tech Mahindra, L&T Infotech eye HP's stake in MphasiS
HP's 60.5 per cent stake is valued at $1 billion.
Gold unlikely to fall below Rs 25K
Gold prices have come down to Rs 27,790 per 10 grams in the national capital this month from the high of Rs 32,990 per 10 grams in April.
20 nations with HIGHEST public debt
Public debt is the total amount of money borrowed by the government.
INFOGRAPHICS: Dismal state of India's economy
The full year economic growth for the fiscal year 2012-13 came in at 5 per cent, in line with an official forecast given in February, but its worst in a decade, and a far cry from the 9 per cent annual expansion recorded until two years back.
Warren Buffett needs luck for Las Vegas gamble to pay off
The Billionaire investor is under pressure to deploy the $44 bn cash on Berkshire's balance sheet.
Our current drugs in India, global markets safe: Ranbaxy
The company's move follows reports of a circular by Mumbai's Jaslok Hospital, that put restrictions on prescribing Ranbaxy Laboratories products.
Fiat 'readying' $10-billion financing for Chrysler
Citing people familiar with the matter, the report said the banks were discussing lending Fiat the money to buy a 41.5 per cent stake in Chrysler held by the United Auto Workers' healthcare trust Veba.
India's economy grew at decade LOW of 5% in 2012-13
The full year economic growth came in at 5 per cent.
Bangkok ranked world's top travel spot
The Thai capital headed the 2013 list based on total projected visits by foreigners, followed by London, Paris, Singapore and New York. Istanbul and Dubai showed the strongest expected growth in the number of visitors.
IMAGES: Highest-paid Indian bank CEOs
These are the highest-earning bank CEOs in India.
15 countries with HIGHEST quality of LIFE
These countries provide the highest quality of life.
Rupee hits over 11-month low vs dollar
The rupee had lost 21 paise to end at new 10-month low of 56.38 against the dollar on Thursday on fag-end spurt in dollar demand after RBI Governor D Subbarao painted a dim macroeconomic picture.
IMAGES: Spyker to launch its GORGEOUS cars in India
Ex-Formula 1 team owner and Dutch supercar maker Spyker has firmed up plans to set foot in India.
Mumbai: City of height needs to grow more vertical
Centre should allow local authorities to take the final call on vertical limit.
In Modi's Gujarat, a Singur could be in the making
Majority gram sabhas pass resolution to oppose SIR status to the area where Maruti's proposed unit is to come up.
15 airports ranked BEST in the world
Let's take a look at some of the best airports in the world.
| | | |
| May 30, 2013 | | INFOGRAPHICS: Loss due to labour strikes
Take a look at the effect of labour strikes on businesses.
BSE Sensex: The top 5 gainers and losers
Markets ended marginally higher on Thursday, amid expiry of May futures and options series, led by gains in FMCG major ITC and select auto shares.
Airline can charge extra for upto 20% seats
The total seats on a two-class single-aisle Airbus A-320 or a similar Boeing-737 aircraft number around 130-140, of which the airlines would be able to charge more for a maximum of about 30-odd seats, official sources said.
Kiran Mazumdar Shaw, 3 others on Forbes philanthropy list
The annual list of 'Heroes of Philanthropy', compiled by Forbes Asia magazine, features a total of 48 people from the the Asia-Pacific region, including countries like China, Singapore, Hong Kong and Indonesia.
Higher sales help M&M beat forecasts
The company said its board has recommended 250 per cent dividend of Rs 12.50 per share.
Mercedes LAUNCHES A-Class compact at Rs 21.9 lakh
The diesel variant is priced lower than the petrol at Rs 22.73 lakh.
LESSONS from China's public transport system
A network of interchangeable transport systems with seamless access, like in China's Guangzhou city, can go a long way in easing urban commuters' woes.
NO fast rebound seen for India's moribund economy
Years of fiscal profligacy, a long struggle with high inflation, high interest rates, persistent political gridlock and fragile global economy have put India back in a rut.
Why RBI reducing policy rates will not REVIVE economy
It's not the high interest rates that's affecting the economy but the policy bottlenecks.
The DANGEROUS aristocrats of finance
Despite the financial crisis of 2008, the finance industry is still arrogant, isolated and ridiculously lucrative.
How quadricycles can REVOLUTIONISE public transport
Despite concerns about their safety and environment-friendliness, these vehicles could change the country's transport economy.
Why WTO members are unable to sign trade agreements
Diplomats at WTO have become pessimistic about striking a trade deal.
US economy recovering, but infra needs investment
Infrastructure sector urgently requires investments, it says.
20 most RESPECTED companies in the US
Not all companies are able to win people's respect.
Empire State Building investors approve IPO plan
Investors representing at least 80 per cent of the ownership units voted in favour of the plan.
How the BCCI chief failed shareholders
The company's stock price has appreciated at a compound annual growth rate of 18.3 per cent, the lowest among all industry peers.
The DOUBLE standards of Google, Apple, Facebook
The tax evasion battle between the tech giants and various governments is not just a fight about tax revenues but also for moral supremacy.
India's largest textile hub hopes to REGAIN past glory
Bangladesh accident and foreign retailer eyeing India spark optimism among Tirupur textile exporters.
| | | |
| May 29, 2013 | | Sony Xperia Tablet Z in India @ Rs 46,990
The dust and water-resistant tablet sports a 10.1 inch 1920X1200p WUXGA display with a mobile Bravia Engine 2.
IMAGES: 20 most expensive hotels in New York City
New York City is not only the world's biggest financial centre, but also one of the major tourist destinations.
Should you trust Delhi govt's claims on the city's growth?
Once you analyse the data, you will realise the state government wants to take credit for achievements that do not belong to it.
All you wanted to know about Exchange Traded Funds
ETFs are like stocks as they trade on the stock exchan#8805 but they are shares of a portfolio, not of a company.
Does Sahara group come under RTI Act? Sebi gets a query!
After Sebi rejected the information sought from it through an Right To Information application in this regard, the appellant approached the Appellate Authority but the appeal has been rejected there also.
Why you should NOT borrow against gold now
As RBI curbs lending against gold, it's now harder to raise loans against the yellow metal.
SPECIAL: Bad times WORSEN for India Inc
It seems the financial headroom for India Inc will get worse, given the rising gap between profit growth and interest obligations.
How Amway grew BIGGER than Procter & Gamble, Gillette
Amway surged by converting a multitude into sales agents.
Iconic IMAGES of early computers
Let's take a look at some iconic and historic images of computers.
IMAGES: Should investors still believe in gold?
Gold has dulled a lot lately but investors could still take a shine to it.
Wal-Mart to pay $110 mn for environmental crimes
Federal authorities alleged that Wal-Mart did not have a programme in place and failed to train its employees on proper hazardous waste management and disposal practices at the store level.
20 MOST INFLUENTIAL companies in India
There are some companies that wield enormous influence in India.
Ford EcoSport: A good BALANCE of power and mileage
To hit Indian roads in mid-May.
10 mid-cap stocks to INVEST in before the next rally
As macroeconomic fundamentals improve, Sensex will make new highs. Here're stocks that can give good returns.
| | | |
| May 27, 2013 | | Economists peg India's Q4 GDP at 4.8%
The government will announce the FY13 GDP numbers on May 30, where it expects the readings to be around 5.2 per cent.
3 reasons why the golden age of dividends is dawning
Most profitable corporations are hoarding cash that could be channeled into dividends.
Toyota recalls 1,100 Corolla Altis in India
The campaign is for Corolla Altis Diesel manufactured between August 3, 2012 and February 14, 2013.
Jaguar F-Type: Ample dose of style, luxury and thrill
The car offers high amount of thrill with ample dose of style, luxury and vocal blast.
SPECIAL: Why ranking cities is important
Mercer, the human-resources consulting firm, recently analysed living conditions in cities according to 39 factors, worked out basically to compensate employees of multinational companies when they are located in different cities of the world.
How Cyrus Mistry is RESHAPING the Tata empire
He is focussing on tightening the belt of the conglomerate left bloated by explosive growth under his predecessor.
AirAsia India LAUNCH in Q4; may ORDER 50 more jets
The company is looking at putting in one plane every month.
Renault shrugs off electric car setback
Executive says setback doesn't challenge strategy.
10 tech companies with the BEST business outlook
86% of Google employees feel the company is doing better.
In India, office relationships no longer a private affair
Companies put in strict disclosure, job switch clauses in HR policies.
How Tumblr founder became a multi-millionaire at 26
David Karp sold his Tumblr blogging service to Yahoo for $1.1 billion.
5 basic RULES of mutual fund investment
Here's how you can get the best out of your mutual fund investment.
| | | |
| May 24, 2013 | | Maruti Dzire BEATS Swift to be No. 2 highest selling car
Despite the buyers' interest in Honda Amaze, the compact sedan managed to achieve good numbers.
Jet Airways shareholders approve Etihad deal
The deal is being looked into by Competition Commission of India and Securities and Exchange Board of India among other regulators.
PHOTOS: India falls in global popularity ranking
While Germany is the most positively viewed country in the world, India's view has fallen.
Is this a good time to BUY stocks?
Global equity and bond markets, especially in Japan, were spooked on Thursday post the US Federal Reserve's comments on the third round of bond buying programme, commonly known as quantitative easing (QE3).
SPECIAL: Ranbaxy's dark chapter
The company has admitted it fudged data so that it could launch its products in the United States. It has now paid $500 million as a penalty to settle the case.
Gold SMUGGLING likely to rise 40% this year
The high import duty on gold, local taxes and restrictions on imports are leading to a rise in smuggling of the commodity into the country.
PHOTOS: World's worst airlines for flying economy
Flying used to be a pleasant experience, but now it has become a stressful one.
Revealed! How Apple, Amazon, Google DODGE taxes
These high profile companies have managed to pay next to no tax on their vast sales revenues generated in Europe.
World's 30 most POWERFUL women in business
India-born PepsiCo chief Indra Nooyi figures among the top10 in 2013.
AI spent a whopping Rs 1,803 crore on pending staff salaries
Of the Rs 6,000 crore received in 2012-13, the airline spent Rs 1,803 crore (Rs 18.03 billion) on pending staff salaries, paid off Rs 1,253 crore (Rs 12.53 billion) as jet fuel dues to oil marketing companies and Rs 1,100 crore (Rs 11 billion) as loan and interest payments for aircraft acquired, official data showed.
Why Tata Steel losses are not as BAD as they look
Net losses of Rs 6,528 crore is entire due to deliberate decision by company to reduce value of its European assets.
| | | |
| May 23, 2013 | | 4 reasons why Sensex SANK below 20,000
A potential early wind-down of the US stimulus programme and a shrink in China's factory activity pulled down markets.
How Anil Ambani plans to TURNAROUND RCom
The company wants to woo post-paid customers and rent out its assets to cut debt.
Araceli Roiz REVEALS details, Phaneesh Murthy to be sued
California-based law firm, Aiman-Smith & Marcy, said that iGate's head of investor relations Araceli Roiz was pregnant with Murthy's child.
Office space: India's BEST cities to invest in
Mumbai continues to be the investment hotspot for the banking and financial sector.
Toyota to launch small cars, compact SUVs in India
Government policies and other uncertainties are holding it back from setting up a new diesel engine plant and launching more hybrids.
PHOTOS: Plight of the unemployed around the world
These photos reveal why looking for a job is not an easy process.
IMAGES: Multi-billion dollar business of gambling
Gambling is a multi-billion dollar industry spread across the world.
World's HIGHEST-selling video-games consoles
Video games industry is worth around $80 billion.
Self-driving Mercedes S Class to be a REALITY in 5 yrs
The company is testing the technology and believes that it can be included in the car in few years.
Now, Maruti offers DISCOUNT on diesel cars
The offer covers the Ritz, Swift, Swift Dzire and Ertiga, and is valid until May 24.
What the Tata Steel write-off REVEALS
Corus is not out of the woods yet.
No need for nervousness, FM assures stock markets
The minister was reacting to sudden crash in Indian stock markets in response to a statement by Federal Reserve Chairman Ben Bernanke in which he had talked about scaling back of stimulus with improvement in economic conditions.
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| May 22, 2013 | | Phaneesh Murthy may lose $15 million as severance benefits
iGate sacked Murthy for violating company policy on relationship with a colleague. Since his termination was for professional misconduct, he may end up losing the severance benefits.
Killer H-1B provisions still exist in Immigration Bill
Continued presence of such a problematic provision in the bill, which was passed by a key Senate panel on Tuesday, industry sources said would not only badly hit Indian IT companies, but also disrupt operational capabilities of a large number of key American companies as well.
Microsoft UNVEILS Xbox One with Spielberg
It's the first new gaming console in eight years.
India to get more DOUBLE decker trains
The Parliamentary Standing Committee on Railways has recommended that more double decker trains be introduced with a view to double the existing passenger capacity of the Indian Railways.
5 Nifty stocks that LOST money in the recent rally
The decline in these was mostly due to company or sector-specific issues, say experts.
Exclusive! How to SAVE India's economy
While the country's dismal food situation tops the list, India's crumbling infrastructure, too, requires prompt action, says Subir Gokarn.
'India is inching towards acute water scarcity'
The summit participants in the final declaration agreed to allocate resources towards water and sanitation sectors, increase transfer of technology, improve irrigation systems and encourage appropriate consideration of water issues in the discussion of the UN development agenda.
US Senate panel passes Immigration Reform Bill
The Senate Judiciary Committee on the fifth day of its deliberations that included 300 amendments to the Comprehensive Immigration Reform bill -- Border Security, Economic Opportunity, and Immigration Modernization Act -- passed it by 13-5 votes.
Tough issues for Phaneesh Murthy successor
He has to keep herd together, service massive takeover debt on Pat#8715 however, operational performance unlikely to be affected
IMAGES: 20 most exclusive streets in the world
Only a handful of streets are famous all around the world.
CEOs caught in sexual harassment cases
Less than 1% cases in India are recorded as employers/owners usually sack the complainants; give negative feedback to the complainant during background checks.
IMAGES: Trendy phone booths across the world
The first telephone booth set up in London way back in 1903.
Maruti to launch special edition Ertiga Feliz soon
The anniversary variant will compete with Chevrolet Enjoy and the Mahindra Xylo H-Series.
Phaneesh Murthy violated company's policy: iGate
In an emailed exchange with Business Standard, iGate states the circumstances that led to Phaneesh Murthy's sacking.
Rajat Gupta seeks re-trial over insider trading case
Seth Waxman, lawyer for Gupta, told the 2nd US Circuit Court of Appeals in New York on Tuesday that wiretaps played for the jury were inadmissible because they amounted to hearsay evidence.
IMAGES: The world's most UNUSUAL office
There are some who work from just anywhere, even while hanging from a balcony.
Affordable houses, but FOR WHOM?
The new launches in the affordable category could just be another marketing gimmick to push sales and mop up money.
Skoda to DISCONTINUE Fabia in India
The company was losing around Rs 150,000 on sale of each car.
IMAGES: 20 most valuable brands in the world
Every year, BrandZ and Millward Brown Optimor calculate and rank brands based on their global value.
The Irish LOOPHOLE behind Apple's low tax bill
Apple's ability to shelter billions of dollars of income from tax has hinged on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs.
US raises concern over American firms EVADING taxes
Amidst allegations that Apple is evading US taxes through overseas shell companies, the White House said this raises the broader question of American companies that ship profits and jobs overseas, a issues often raised by US President Barack Obama in the last few years.
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| May 21, 2013 | | PHOTOS: Chinese premier visits TCS facility in Mumbai
Tata Group was the only private enterprise on the itinerary of Li Keqiang during his visit to the country.
BSE Sensex: Top 5 LOSERS and GAINERS
The 30-share Sensex ended down 112 points at 20,112 and the 50-share Nifty closed 43 points lower at 6,114.
Over 15,000 MW capacity plants stuck as RIL stops supply
The total capacity of gas-based stations in India is 18,830 MW of which 15,529 MW is fed with gas from RIL.
Didi's Ma Mati Manush policies keep investors AWAY
The perception is backed by the Economic Review, which said in 2012, only 12 industrial units were set up at an investment of Rs 312 crore (Rs 3.12 billion), compared with 322 units that accounted for around Rs 15,000 crore (Rs 150 billion) investment in 2011.
Bangla factory banned by Walmart still makes Wrangler shirts
Walmart told Reuters on Friday that Liz Apparels in Gazipur, near the capital Dhaka, had previously made clothing for its stores but was now on its "red" list of unapproved suppliers after a safety audit in early May found the cracks.
Indian infotech sector is becoming a RISKIER bet
The beta of large IT firms has increased since 2008 and is expected to inch up further given the rising challenges.
Why global companies are betting BIG on India
Global businesses still believe that India consumption story is intact despite the slowdown of the past couple of years.
I-T dept sends letters to 70K high spenders to pay tax
The exercise is in continuation of crack down on tax defaulters which the government launched last fiscal under which the Revenue Department had sent 105,000 letters to assessees seeking to know whether the person had filed his IT return or not.
How illegal salt making threatens Sambhar Lake's ecology
Even the sweltering heat of April does not deter the 10,000-odd tractors, mostly Ferguson-Masseys, from ferrying unrefined salt extracted from the brine of this largest inland saltwater lake in Asia.
Sexual harassment charge is FABRICATED: Phaneesh Murthy
Sexual harassment charge is fabricated: Phaneesh Murthy
Asus FonePad: For those who seek LONGER battery life
The camera is sub-par and you won't enjoy high-end games.
Fiat's 'home on wheels' hits Indian roads
The van that contains a queen-sized bed, a shower area and kitchen.
20 nations with HIGHEST telephone connections
From being an inevitable part of the telecommunication services, landline devices are becoming outdated.
Microsoft Corp co-founder Paul Allen's HITS and MISSES
Paul Allen has constructed a $15 billion portfolio of tech, sports, real estate and energy investments.
Topless PROTEST disrupts opening of Barbie house in Berlin
Women's rights protesters disrupted the opening of a giant pink doll's house in Berlin.
How Apple DODGED billions in taxes
One of Apple's Irish affiliates reported profits of $30 billion between 2009 and 2012, but because it did not technically belong to any country, it paid no taxes to any government.
Romanian HACKER plans to protect world's ATMs!
Valentin Boanta, sitting in his jail cell, proudly explains the device he has invented could make the world's ATMs impregnable even to tech-savvy criminals.
Sexual harassment claim: iGate sacks Phaneesh Murthy
The US-listed company, which has bulk of its employees in India, has appointed Gerhard Watzinger as interim chief executive with immediate effect.
Amazing IMAGES reveal the overloaded world
It's not just animals who earn their bread by carrying way too much weight on their back.
The 20 BEST selling mobile phones of all time
Today's top mobile phone makers Samsung and Apple don't feature in the top 15.
Air Deccan founder may LOSE it all, even his house
How Captain Gopinath's new aviation business crash landed.
IndiGo BEATS Jet Airways once more
omestic passengers flown by Indian carriers declined marginally in the first four months of this year compared to last year, even during peak season operations.
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| May 20, 2013 | | BSE Sensex: Top 5 gainers and losers
The 30-share Sensex ended at 20,224 down 62 points or 0.31% and the 50-share Nifty ended at 6,157 down by 30 points or 0.49%.
Samsung launches Galaxy Grand Quattro @ Rs 17,290
With a 4.7-inch display, the dual-SIM handset is powered by 1.2GHz quad-core processor, has Android 4.1.2 (Jelly Bean) operating system and a 5 megapixel camera. It comes with an internal memory of 8GB.
TIPS: How to SELECT stocks to get good returns
There is no sure-shot formula to succeed in the stock market.
Obama tells Americans to be more competitive
In his speech at the Morehouse College Commencement Ceremony in Atlanta, Georgia, Obama asked the young people of his country to work hard.
Taking a HOME LOAN? Points to remember
Analyse your financial situation before deciding on amount; compare tenure, interest rate and penalty before finalising the lender.
IMAGES: Tata's hotel chain juggles multiple brands
How the Tata hotel chain is tackling the transition challenges of multiple brands.
PHOTOS: Renault, Panasonic, Haier back in the race
Renault, Panasonic and Haier have managed to bounce back after a series of crucial mistakes.
SPECIAL: India's China menu keeps growing
Problem of a huge trade imbalance against India even as both exports and imports declined in 2012-13 year-on-year still remains a severe challenge even to this day.
Can you afford to BUY any of these items?
There are some items that fetch millions of dollars at auctions simply because a certain celebrity has worn them.
Amazing PHOTOS reveal beauty of world's major cities
There are some countries that invest a lot of money to make their major cities look beautiful.
What will be the future of Berkshire WITHOUT Buffett?
Warren Buffett defended his plan to appoint his son, Howard, who has little investing experience, as non executive chairman, saying the younger man's role would be to ensure that Berkshire had the right CEO in place.
Stunning images of ARTISTIC cars
Artistic cars from around the world are a big attraction.
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| May 17, 2013 | | S&P warns India of rating DOWNGRADE
While retaining India's sovereign rating at 'BBB-' with a negative outlook, S&P said there is at least a one-in-three likelihood of a downgrade within the next 12 months.
New Mercedes S Class is MAKE or BREAK for Daimler
If the car flops, Daimler's goal to regain leadership in the premium segment by 2020 will be a pipe dream.
Why Indians succumb to Ponzi schemes
Lack of education and the absence of bank branches across huge swathes of the country puts more than half of India's population outside the formal banking sector.
How Samsung is trying to TRAMPLE Apple's supply
Samsung can make life difficult for Apple if it tramples the latter's supply.
Gates, Buffett INSPIRE more billionaires to donate wealth
Nine more wealthy families and individuals have pledged to give at least half of their fortunes to charity as part of a philanthropic campaign.
EcoSport: A stunning SUV priced under Rs 10 lakh
Ford EcoSport, the most awaited launch of 2013 is here. Ford has announced the rolling out of the vehicle in mid June 2013.
IMAGES: 30 biggest hotels in the world
With Chinese and Indians travelling in bigger numbers than ever, hotels around the world are doing everything possible to attract customers.
30 nations where workers enjoy MOST HOLIDAYS
There are many countries that give more annual leaves and public holidays than India.
Gold demand to remain high: WGC
In the first quarter of 2013, gold imports declined 5.7 per cent, as traders relied mostly in stocks to meet rising demand.
India, China to be world's BIGGEST investors by 2030
As a result, the global investment in developed countries will triple in the next two decades.
Windows XP to cost 3 times more than migrating to Windows 8
An estimate suggests the cost of upgrading to Windows 7 or Windows 8 will be $95.
How IndiGo plans to FIGHT rivals AirAsia, Etihad
Will build on its existing strengths. Plans to include more fuel-efficient A-320 N and offer better connectivity.
Mercedes adds business-class comfort to its NEW S-Class
The car's top-of-the-line business-class comfort will set a new luxury mark in the auto world.
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| May 16, 2013 | | Mercedes launches GL-Class SUV @ Rs 77.5 lakh
The company is using former tennis star and its global brand ambassador Boris Becker to promote its range of products.
CORRUPTION hits India's economic confidence
India's economic confidence dropped due to a number of corruption allegations against the Union government ministers.
LG launches the Nexus 4 in India at Rs 25,999
Though full of features, the phone does not support expandable memory, and the battery cannot be removed.
India among 30 BIGGEST exporters in the world
Exports form a major part of some countries economy.
Gold demand in India rises by 27%: WGC
The demand for the precious metal stood at 202.1 tonnes in the same quarter last year.
Lamborghini Egoista: A one-seat car you can't BUY
The car's name means 'selfish' and that is because it has only one seat.
Global firms bet on India's spending power
Inbound M&A into India totals $9.86 billion this year, the highest in Asia.
SPECIAL: What RBI learnt from the Cobrapost probe
The inquiry report raises questions about the effectiveness of management control as well as that of the supervision process.
FDI in retail: Why govt's policy is completely FLAWED
The conditions imposed on prospective investors in the retail sector betray a lack of understanding of the dynamics of the business.
Mobile phone sales: Samsung TOPS, Nokia FALLS
The worldwide mobile phone sales totaled nearly 426 million units in the first quarter of 2013, a slight increase of 0.7 per cent from the same period last year.
After Lamborghini, Ferrari, Dubai cops to have Bentley, Merc
Dubai's police has been building up its vehicle fleet recently, and it's not worrying about cost.
INFOGRAPHICS: Annual returns on national pension schemes
NPS aims at ensuring financial security to every citizen by encouraging them to start contributing towards the old age saving.
Good time to invest in rate sensitive stocks: Analysts
Given the outlook for interest rates, analysts seem bullish on this space.
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| May 13, 2013 | | BSE Sensex: The top ten losers
Shares of FMCG major ITC on Monday slumped by over 5 per cent on profit booking amid a sharp dip in the stock market.
Gold falls by Rs 180; sales up on Askshaya Tritiya
Gold prices fell by Rs 180 to Rs 27,520 per 10 grams on Monday, while silver prices also dropped by Rs 300 to Rs 45,500 per kg taking weak global price trend.
Balooning trade deficit, gold import batter Nifty
BSE index falls 2.14 pc; NSE ends 2.08 pc lower
Mumbai housing prices up 66% in 4 years
Gurgaon and Bengaluru saw price appreciation of 52 per cent and 46 per cent, respectively, during this period.
IMAGES: 'Stewardess' Richard Branson fired by AirAsia chief
British business tycoon Sir Richard Branson donned high heels and fishnet stockings as a stewardess in a figure-hugging scarlet outfit on a AirAsia flight from Perth to Kuala Lumpur.
10 countries with the LARGEST railway network
United States has the world's largest railway network.
Airbus to China: We support you, please buy our jets
China partly lifted a blockade on 45 long-haul A330 jet orders during a visit by French President Francois Hollande last month.
Old and at home, but not so ALONE
Builders are coming up with retirement home colonies that offer a number of services. The payment options include outright buys, deposit models and lifetime lease.
COLUMN: The skewed story of India's coal import boom
Indonesian coal making its way to India provides about a third less energy than supplies from South Africa or Australia.
India needs to focus on e-vehicles for public transport
The future of sustainable transportation in India lies in developing electric vehicles across transit automobile segments.
Mahindra Bolero zooms into TOP FIVE list
This is the first time in the last five years that an utility vehicle has featured in the top five list.
Retail inflation drops to 9.39%
The Consumer Price Index based inflation was at 10.91 per cent in February.
How retailers can redefine shopping experience
In today's digital age, companies need to build an integrated communication strategy to stay ahead of the game.
NO need to get aggressive on GOLD this Akshaya Tritiya
If you want to celebrate the festival, buy only a little as token.
IMAGES: 20 cities with most MILLIONAIRES
Although the world economy is going through a rough time, there is no shortage of millionaires and billionaires in the world.
IT watchdog investigating breach in ATM heist
Hackers broke into two card processing companies, raising the balances and withdrawal limits on accounts that were then exploited in coordinated ATM withdrawals around the world.
Images: The BEST off-road SUVs in India
Three hardcore machines that will ensure your safety as you head into the wilderness in the summer.
INFOGRAPHICS: How the top 10 firms performed
TCS tops the chart once more.
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| May 09, 2013 | | Air India gives wings to Dreamliner once more
By Friday, two of these Boeing 787 Dreamliner planes would be test-flown several times daily between Delhi and Amritsar so that the pilots and cabin crew get the experience of several landings and take-offs.
General Motors launches Enjoy @ Rs 5.49 lakh
The vehicle will compete with Maruti Suzuki India's Ertiga, which is priced between Rs 598,000 and Rs 870,000 (ex-showroom Delhi).
Nokia Asha 501: Is it the BEST mid-range phone?
Effectively priced, the new series will heat up the mid-level phone market. Samsung Rex beware
Why reverting to 8% growth seems a DISTANT DREAM
If the administrative/regulatory/judicial logjam can be loosened, there could be a quick yield in higher output, which would have multiplier constraint-loosening effects on the economy as well as lead to higher savings, a critical prerequisite for reducing the domestic savings-gap and thus help reduced the unsustainably high CAD.
Top Indian generic drug makers look to US as patents end
They seek to profit from big-selling drugs going off-patent this year in the lucrative market.
RBI's curbs set to cut gold imports by a tenth
Gold import was 1,015 tonnes in 2012-13 and nearly 70 per cent of this was by this method.
PHOTOS: 350 Lamborghini cars on a grand tour
Setting off from Piazza Castello in Milan on May 8, the Lamborghini 50th Anniversary Grand Tour is the largest gathering ever of cars from the 'House of the Raging Bull' to celebrate the company's 50th anniversary.
Air trips get more expensive for travel-heavy passengers
Preferred seats also become costlier on IndiGo flights.
Mumbai among cities with most stunning SKYLINES
Can a mathematical formula capture the beauty of a city? You decide...
Rupee among MOST TRADED currencies in the world
Currencies are traded 24 hours a day every working day.
COLUMN: Five days below the poverty line
A look at the lessons learnt by the columnist in his experiment to whittle down the weekly food bill to sub-poverty levels.
Strapped for cash? AVOID these debt TRAPS
Cash on credit card and upfront money in exchange for future pension might sound tempting, but they carry enormous interest rates.
How India plans to FIGHT cyber ATTACKS
India would require about 500,000 cyber security experts by 2015.
New BOOK teaches children ABCs of Berkshire Hathaway
More than 1,000 copies were sold at Berkshire's annual meeting.
Refunds made by Sahara after Aug 31 'not good': SC
SC adjourns contempt plea to July 17; directs Sebi to start refunding genuine investors.
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| May 08, 2013 | | US Immigration Bill may harm Indian IT firms
The first killer provision in the Comprehensive Immigration Reform Bill is the ban on client site placement for H-1B workers.
Why India should WORRY about US' trade pacts in Asia
US is fast forging partnership with Asian countries. To grow its international trade, India needs to engage with the US urgently.
Toyota: Profit BOOMS amid low-risk rules
The company has exceeded the target president Akio Toyoda set two years ago: to make 1 trillion yen in annual operating profit, and do so with a 5 per cent margin.
Toys are not just child's play, it's big business in India
The toy industry in India is growing at a compounded annual growth rate (CAGR) of about 20 per cent.
Why CAG appointment procedure needs to be CHANGED
Currently, the appointment is at he discretion of the Prime Minister. It needs to be more transparent and non-partisan.
Tax evasion case: HSBC may face 'significant' penalty
The bank said it is cooperating with the US Department of Justice and the Internal Revenue System (IRS) in their probes into whether certain HSBC companies and employees acted appropriately in relation to certain customers with US tax reporting requirements.
MF accounts declined by 36 lakh in 2012-13
The last fiscal marked the fourth consecutive year of loss of folios by mutual funds.
World's 10 MOST ADMIRED technology companies
Technology firms dominate the Fortune list of 'world's most admired firms'.
Will Kishore Biyani's BIG GAMBLE work?
'Big Bazaar Profit Club' hopes to build loyalty amongst customers and get better prices from suppliers. Can it succeed?
The real moral FAILURE in the food security Bill debate
A meaningful long-run strategy to eradicate poverty would do more than a top-down distributive model.
Hyundai to launch four new models in 2 years
The company, which is slated to introduce a new compact car later this year, is also mulling taking on Maruti Suzuki's Dzire and Honda Cars India's Amaze with a new sub-four metre sedan.
Why travel agents are DEFAULTING on crores of payments
Airlines are cutting down commissions putting their business under pressure.
When AGING provides a business OPPORTUNITY
The aging of the population is creating market demand for new products and services at an unprecedented pace.
India's CHEAP food plans to prove COSTLY for government
Providing cheap rice and wheat to 67.5% population would raise subsidy bills 45% to up to Rs 1.3 trn, and the country.
Honda launches NEW variants of Brio
The upgrades include features like driver seat height adjuster and rear windshield defogger.
SOLAR plane: From San Francisco to Phoenix in 18 hours!
The solar-powered airplane from San Fransisco to Phoenix took 18 hours and 18 minutes on Saturday - and didn't use a drop of fuel.
Qatar Airways-IndiGo in code share talks
The civil aviation ministry has increased the seat capacity between India and Abu Dhabi from 13,000 seats/week to over 50,000 seats/week
India's economy to grow at 6.2% in FY14: NCAER
The economc research council has projected Centre's fiscal deficit this financial year to be 5% of GDP.
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| May 07, 2013 | | How Kerala is WOOING tourists from Middle East, Russia
Following the roadshows by the government, the Arabs are coming to Kerala for the treatment of lifestyle diseases.
India's growth story CREDIBLE, FinMin tells Moody's
Moody's wanted to learn from the Finance Ministry officials, the steps taken to check subsidy outgo and impact of the proposed right to food bill on the exchequer.
In PIX: America's pride, neighbour's envy
One World Trade center became the tallest building in the Western Hemisphere.
India could soon be heading for a GRAVE economic crisis
The exchange rate is substantially overvalued, economic growth had stalled, and the financial system is under stress.
What a TAXI ride COSTS across the world
New Delhi is among the cheapest cities to hire a standard cab.
DGCA norms soon to cap paid-for seats in flights
The move comes after the civil aviation ministry decided to allow Indian carriers to charge passengers for add-on services like their foreign counterparts.
World's 8 BIGGEST illegal businesses
Athorities all across the world, including in India, are continously taking steps to stop the flow of illegal businesses.
Why Bajaj RE60 is a BOON for public transport
The quadricycle would meet better emission and safety standards than the current three-wheeler does. And, it can give a better ride, particularly during the monsoon.
World's 12 BEST budget airlines
JetBlue Airways is ranked as the world's best budget airline.
Dizzying rise of Bansal family company
Pharma firm run by minister's wife, sons and nephews swiftly became a money-spinner, with prestigious clients.
Cheaper ways to COVER your loan: A few tips
When one applies for a loan, he/she is almost immediately offered an insurance policy to cover it. These are called Mortgage Redemption Schemes or Loan Protection Covers.
Embattled Sahara says it has paid back most investors
The unlisted company is seeking equity, debt infusion.
'Delhi MOST CREATIVE state in India'
The ranking is based on the population of 'creative class'.
M&M launches Bolero Maxi Truck Plus at Rs 4.43 lakh
Priced at Rs 4.43 lakh, the vehicles has a lower turning radius, stlish interiors and better payload capacity.
Why Galaxy S4 is the BEST smartphone despite the quirks
While other flagship products may be flamboyant and have a better build, the S4 quietly gets the job done.
Taj lays out red carpet of OFFERS this season
Corporate travellers can look forward to a plethora of offers with the 'Room for More' packages from Taj Group of Hotels.
Cobra stings again; SBI, LIC, 21 others 'EXPOSED'
Staff of PSU banks, bank aspirants also caught offering money laundering solutions in a new expose.
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| May 03, 2013 | | Jaguar F-Type to debut in July; starts at Rs 1.3 crore
Will rival Porsche and is rumoured to carry a price tag of Rs 1.3 - 1.5 crore.
Boeing plans to build longest-range passenger jet
Analysts say the 777 is Boeing's most profitable plane, thanks largely to the 777-300ER, a 365-seat version that began operations in 2004.
World's first SILVER museum opens in Udaipur
It includes exquisite pieces ranging from beautiful objects used in rituals such as Ram Rewaris (portable shrine for religious deity), magnificent traditional royal transport like the haudah used for mounting elephants in religious, state and military processions.
Brand Airtel: Is there a wake-up call?
A third-party brand valuation is signalling an imminent threat but analysts say impact on the business is still some time away.
Gold ticks up, heads for second straight weekly gain
Spot gold rose $8.32 an ounce to $1,474.56 by 0624 GMT, well below a lifetime high around $1,920 an ounce hit in September 2011.
IMF warns of asset bubbles, middle-income trap in Asia
To avoid it, the economies need to improve govt institutions and liberalise rigid labour markets.
Stunning IMAGES: Inside a chocolate factory
Chocolate industry is a $50 billion-a-year business around the world.
RBI cuts rate; keeps CRR unchanged
The Reserve Bank of India on Friday cut short-term lending rate by 0.25 per cent.
IMAGES: Visit Google's amazing Munich office
Located in the heart of Munich, Google's office has a dazzling ambience.
Why it's DIFFICULT for India to manufacture chips
Infrastructure require for making chips is not available in the country.
Maruti to SHUN Fiat; working on TWO diesel engines
The company is setting up a diesel engine plant at Gurgaon, investing close to Rs 1,700 crore.
World's 20 BEST PERFORMING stock markets
Amid the volatile markets and price corrections, these 20 stock markets delivered good returns in 2013, according to CNN Money.
Honda OUTSHINES Maruti with Amaze bookings
The Amaze, Honda's first diesel car in India, has seen several buyers line up for test drives and dealers struggling to meet increasing demand.
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| April 30, 2013 | | Petrol price cut by Rs 3 per litre
Earlier in April, the price was reduced by 85 paise per litre.
PIX: 20 most important women under 30 in tech world
Although the tech industry is dominated by men, but some women are revolutionising the tech world.
Why office gossip is a GOOD thing
Companies and employees can actually manipulate the flow of gossip to gain tactical advantage.
Why India DESERVES a rating upgrade
East European countries have better rating than India though their economies are not as stable as the latter.
Chit fund: Centre waking up way too late
Centre must share blame for Ponzi schemes with West Bengal.
World's BIGGEST producers of gold
China produced the most gold in world in 2012, making it the largest producer for the sixth straight year even as it remained the second largest consumer of the yellow metal after India.
Is India among the most socially ADVANCED countries?
When it comes to fulfilling basic human needs, some smaller countries score higher than the economic powerhouses.
RBI's dilemma: Should interest rates be CUTor NOT
RBI faces contradictory signals.
RIL earnings hinge on gas price review
Morgan Stanley, the global financial services company, says India's largest private sector company (by market value) might lose 11 per cent of its earnings per share in 2014-15 earnings estimates if gas prices remain at $4.2 a unit.
Indian firms in doublespeak on insurance FDI: WikiLeaks
US diplomatic cables say Indian partners might be actually lobbying against raising the FDI cap.
Infy, HCL Tech, Wipro among the GREENEST in BRICS
Brazil's alternative energy company, Cemig, tops the list of Environmental Tracking (ET) BRICS 300 Carbon Ranking.
Slowdown clouds hover over IT RECRUITMENT
IT firms across the board say engineering graduates this year are readily accepting job offers unlike in the past years, when they were far more choosy.
VERDICT: HTC One hits a home run
The phone is the king of Android hill at the moment, with great looks and software to match.
World's 20 BEST airlines
Business Insider has ranked the world's leading airlines on the basis of in-flight experience and the on-time performance.
Get ready to file TAX returns
Though the government is yet to notify the new form, begin with collating documents, checking interest certificates and tallying form 26AS.
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| April 27, 2013 | | In Bengal's grey 'money market', Saradha is just one
Small firms raising deposits in disguise of advances for unknown projects referred to as money market companies in common parlance.
How the young Chinese SPLURGE
Rising disposable incomes coincide with a change in psychology among younger consumers - a shift that means when it comes to money and spending they are decidedly not their parents.
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| April 24, 2013 | | COLUMN: Know your city to set it right
India's cities are in poor shape and it is axiomatic that unless you have proper systems of governance in place working through the right kind of institutions, there is no hope for their uplift.
Indian IT companies HUNGRY for acquisitions
Infosys, TCS, Wipro and HCL Technologies are actively pursuing acquisitions to make up for slower growth in their traditional business.
Why good monsoon may NOT revive economy
India has more variations in soil type and climate than perhaps any other region in the world. Even during a normal monsoon season, many regions receive scanty rainfall while other battle with floods.
Maruti to debut SWANKY WagonR Stingray in India
Stingray is a sportier version of the WagonR with a more aggressive frontal styling and masculine cues in the rear.
Jet sells 24% stake to Etihad for Rs 2,060 cr
Etihad has been in talks for a 24 per cent equity stake in Jet, valued at around $300 million, ever since India relaxed ownership rules and allowed foreign airlines to buy up to 49 per cent in local carriers.
Reliance OPENS its purse to INVEST Rs 179,000 cr
Over the next five years, plans to pump money in KG DG, refining, petrochemical sectors, retail and telecom.
Shopping hotspots: India's 10 BIGGEST malls
Making shopping an enjoyable experience are its swanky malls with global and Indian fashion stores, super markets, restaurants, movie theatres and entertainment zones.
IMAGES: 30 amazing office spaces available for rent
Corporates want close-knit, all-encompassing and swanky offices.
COMPLAINTS: Which life insurer tops the list?
Leading private life insurers HDFC Standard Life, Bajaj Allianz and Birla Sun Life top the list of firms against whom consumers have filed complaints with sectoral regulator Irda for indulging in unfair business practices.
IMAGES: Oil boom in North Dakota
North Dakota is now the second-largest oil-producing state after Texas.
Tesco treads CAUTIOUSLY in India
Due to clauses on local sourcing and infrastructure investments, the world's third largest retailer has not been able to make much headway in India.
Planning to BUY insurance this year?
Wait till these are refiled as it will give you added benefits.
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| April 23, 2013 | | Microsoft India under I-T scanner
IT department reportedly sent notice to Microsoft seeking details of its income from Indian operations for four years beginning with the 2005-06 fiscal.
Good news! Employees may see 11.3% pay hike
India Inc is expected to offer average salary increments of 11.3 per cent this fiscal and those working in sectors like pharmaceuticals, health care and life sciences are expected to get a raise of 13.1 per cent.
Luxury carmakers chase India's young, female and frugal
Luxury carmakers in India are moving downmarket broadening their target market to include India's young, female and middle-class.
RIL signals start of GROWTH era
Production from its KG-D6 gas field is set to increase and the government is likely to revise gas prices.
Counting the costs of direct cash transfers
It is generally felt that DCTs are a more efficient system than, say, physical subsidies. This does hold when conditions are ideal and back-end structures are in place.
How chit funds have ROBBED investors in Bengal
The Saradha group's fortunes nose diving has not only put a scanner on other chitfund companies operating in the state, but has also reportedly put a question mark on TMC's rural vote.
Why India NEEDS politicians LIKE Margaret Thatcher
We need politicians like Margaret Thatcher, who can articulate economic solutions for the country rather than concentrating on politics alone.
COLUMN: All about Bengal's Saradha scourge
The collapse of a large deposit taker, the Saradha group, has brought protesting collection agents right to the doorstep of West Bengal Chief Minister Mamata Banerjee, whose government has given a free hand to such firms.
Why e-auction of radio stations may HAMPER the industry
As the government has adopted ascending e-auction for radio waves, there is a danger that players might end up overbidding.
20 countries with HIGHEST gold reserves
The global official gold holdings totaled 31,694.8 tonnes as of April 2013.
Buying houses worth crores? Check the rate charts!
If you are looking at buying real estate and your budget falls within this range, an idea about prevailing rates would come in handy.
What public transport tickets COST across the world
India offers one of the world's cheapest public transport fares.
Kirana store has better customer service than MNCs
Most MNCs do not deliver their lofty 'customer service' promises in India.
Vendor REVEALS details of the Tata Nano DIESEL
It's going to be an 800cc twin cylinder diesel engine with a rated power of 40.2 bhp.
IMAGES: Shoppers rush for gold as price crashes
With gold prices tumbling, retailers are witnessing a surge in demand and expect up to 50 per cent spike in sales volume during this marriage season.
Now, HEART patients can GET a health insurance
Chennai-based Star Health and Allied Insurance has launched Cardiac Care, a unique policy that covers people with heart ailments.
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| April 20, 2013 | | 10 most ATTRACTIVE employers in India
The survey noted that in a market like India, where there is high attrition levels, employer branding is very important as it provides an advantage to attract and retain top talent.
World's top stock exchanges, NSE is No.1
The National Stock Exchange of India (NSE) has maintained its slot as the world's largest bourse in terms of volumes in equity segment for the first quarter of 2013.
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| April 19, 2013 | | I have given 25% of my wealth to charity: Premji
Wipro Chairman Azim Premji on Friday said he has already given more than 25 per cent of his personal wealth to charity, but acknowledged it's not easy to use money well in philanthropy.
Nissan Sunny CVT: How it holds against competitors
Nissan has introduced its own flagship sedan Sunny in an automatic avatar.
We think FY14 will be better than FY13: N Chandrasekaran
When big companies such as Infosys and Wipro are forecasting minor growth this financial year, TCS is all set to break the trend.
Why govt export schemes are INEFFECTIVE
India's exports need free trade and reform. The government, however, is extending failed schemes.
Reasons for the gold price crash
The World Gold Council (WGC) said the recent fall in gold prices was driven by speculative traders in the futures markets.
Wipro's Q4 profit up 17% to Rs 1,729 crore
The company's revenues rose by 13 per cent to Rs 9,613.1 crore (Rs 96.13 billion).
DC Design to give Renault Duster a MAKEOVER
After giving an extreme makeover to popular cars such as Toyota Fortuner and the Mahindra XUV500, DC Design is working on Renault Duster.
MILESTONES: The rise and fall of gold prices
Gold prices hit a two-year lows, the biggest one-day drop since 1983.
Nokia 720 HITS retail stores; COSTS Rs 18,999
Nokia's fifth smarthphone based on Window 8 platform is chic and offers decent performance compared to peers in its range.
World's 30 BIGGEST public companies
Let's take a look at world's 30 biggest public companies.
Two Indian airports among the world's BEST
The 2013 Awards are based on 12.1 million airline passenger nominations, and include 395 airports worldwide.
Has the time come to REVISIT your gold investment?
Indian gold prices have slipped below Rs 30,000 and still counting on the lower side.
Behind-the-scenes: How I-T dept is catching tax evaders
Here's how 250 tax sleuths are taking on corporate titans.
Apply online for PF transfer, withdrawals from July 1
Over 50 million subscribers of the retirement fund body EPFO will be able to apply online for transfer and withdrawal of their provident fund from July 1, a move aimed at speedy settlement of claims.
RBI finds 'aberrations' at ICICI, HDFC Bank, Axis Bank
The government said action would be taken against ICICI Bank, HDFC Bank and Axis Bank on the basis of an RBI audit report which has detected certain "aberrations", a month after the private banks were accused of money laundering by an online news portal.
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| April 17, 2013 | | TCS Q4 net jumps 22% to Rs 3,597 cr
Helped by all-round business growth, country's largest software exporter Tata Consultancy Services on Wednesday reported 22.1 per cent jump in net profit at Rs 3,596.9 crore for the March quarter, meeting expectations.
India seeks PRECISION in monsoon forecasting by 2017
India has roped in almost all the world's major weather forecasters in its effort to accurately forecast monsoon rains in the next four years.
160 years of Indian Railways: Interesting facts
The first railway on Indian sub-continent operated over a stretch of 21 miles from Bombay to Thane.
Indian IT professionals welcome US immigration bill
Indian IT professionals in the US have welcomed the proposed immigration bill on several counts, particularly the Green Card, introduction of merit-based visa and increase in H-1B visa quota.
India and China will drive global growth: Chidambaram
The growth rate in India projected to be up to 6.7 per cent between 2013 and 2014, Finance Minister P Chidambaram said.
PIX: Reliance Industries closer to being No 1 retailer
Coming close to Future Retail, after 42 per cent revenue growth.
US immigration reforms to give fillip to Indian start-ups
Dubbed as Startup Act 3.0, the legislation would also enable such immigrant entrepreneurs by giving them permanent residency upon meeting certain requirements.
SPECIAL: Indian cos afraid to report cyber crime
Most cyber crime cases are settled by human resource department within closed walls.
COLUMN: Indians unwilling to set up productive cos
Devesh Kapur asks why FDI is not attracted to India - and why Indians themselves are unwilling to set up productive enterprises.
RELAX! Apps to de-stress you
The means to get rid of the stress is right in your pocket.
TEST DRIVE: How Porsche 911 FEELS on Indian roads
The Carrera 4S is a brilliant, every day, all-weather supercar that punches way above its weight and teaches you the finer nuances of what makes a good car great.
LuLu Mall: An AMAZING shopper's paradise
Kerala's financial hub, Kochi is now home to one of India's largest malls.
Google Nexus 7: VALUE for MONEY tablet
While you can buy the basic model for Rs 15,999, the 3G model is priced at Rs 21,999.
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| April 16, 2013 | | RIL's net jumps 32% to Rs 5,589 crore
RIL, which operates the world's biggest refining complex at Jamnagar in Gujarat, reported a net profit of Rs 5,589 crore (Rs 55.89 billion) in January-March as against Rs 4,236 crore (Rs 42.36 billion) in the same period a year ago.
Bugatti Veyron is the world's fastest car, again!
Bugatti's record set back in 2010 is official all over again, after having its world record for fastest production car thrown into question by a competitor and put under review by Guinness.
How TAX sleuths are TARGETING car makers
MNC auto firms that sold cars below cost, at a loss, thereby paying lower excise duty are prime targets.
Hotels check out new strategies for growth
As reservations plunge, hotels are boosting their banqueting and restaurant business to make up for losses.
REVIEW: Nokia Lumia 820 vs. Sony Xperia ZL
Find out if the cheaper siblings of Nokia Lumia 920 and Sony Xperia Z are worth the moolah.
Subhash Chandra launches Rs 1,000-cr realty fund
Rs 40 crore already deployed in a residential project in Chennai.
India among nations with cheapest petro products
Lowest prices of key petroleum products were found in Venezuela & Egypt.
Price watch: Where iPhone is CHEAPEST and COSTLIEST
Global sales of smartphones is likely to cross the billion-unit mark in 2014.
Renting out your house? Here's a CHECKLIST
Considering the increasing property values, renting out a place and staying on rent could both help save big sums of money.
10 BIGGEST employers in the world
Let's take a look at 10 organisations, including government ones, that employ most workers in the world.
Jewellery sales zoom, gold to FALL further
Retailers are witnessing a surge in demand and expect up to 50 per cent spike in sales volume in this marriage season.
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| April 12, 2013 | | Infographics: Infosys DASHES investors' hopes
Infosys Ltd forecast full-year sales growth that missed analyst expectations by a margin of up to 50 percent, dimming investor hopes that India's No.2 software services firm will soon start reaping the benefits of its strategic revamp.
Samsung unveils LARGEST smartphone yet: Galaxy Mega
From May, the company will start selling the Galaxy Mega phablets that come with 6.3-inch and 5.8-inch displays.
Infosys results, outlook DISAPPOINT analysts
Forecast of single digit growth this financial year worries analysts, as other firms have provided better outlook.
Infosys records BIGGEST single day fall in 10 years
Shares of Infosys on Friday fell sharply by nearly 20 per cent, wiping off Rs 30,943 crore (Rs 309.43 billion) from its market value, as investor sentiment turned bearish on lower-than-expected revenue growth for the current fiscal.
Infosys profit rises 3% to Rs 2,394 crore
Consolidated net profit for the fiscal fourth quarter ended March 31 was Rs 2,390 crore.
Indian job seekers among most PESSIMISTIC
Let's take a look at the job situation in India and across the world.
20 countries that have MOST Internet users
Let's take a look at countries that have most Internet users.
Revealed! Nissan to SELL Sunny AT for Rs 8.92 lakh
The car's automatic avatar is more fuel-efficient than the manual variant, and gives 17.97 kmpl.
Nokia launches cheapest colour phone in India
Mobile phone maker Nokia announced the launch of its most affordable handset -- Nokia 105 -- in the Indian market aimed at first time buyers.
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| April 11, 2013 | | Lagarde outlines steps to avert future global crisis
Christine Lagarde recently gave a speech in which she outlined steps needed to avoid future global crisis.
Cobrapost expose: RBI to take ACTION against banks
The country's three largest private banks -- ICICI bank, HDFC Bank and Axis Bank -- were last month named by online portal Cobrapost for indulging in money laundering.
Honda launches Amaze starting at Rs 4.99 lakh
While petrol starts at Rs 499,000 and goes up to Rs 760,000, the diesel variant is priced between Rs 599,000 and Rs 760,000.
Sahara victimised, but won't give up: Subrata Roy
Roy was summoned by the market regulator Sebi on Wednesday to ascertain details of his personal and two company assets that could be sold to generate over Rs 24,000-crore (Rs 240-billion) worth funds required to be returned to the investors.
How industrial waste is polluting Sundarbans' ecosystem
The research, conducted by a group of scientists from Calcutta University and Techno India University, says there has been a steady increase in the percentage of toxic heavy metals leading to the gradual deterioration of water there.
Why Karachi is among the world's BEST stock markets
Pakistan's chaotic financial heart is home to 18 million people, Taliban bombers, contract killers - and one of the world's most successful stock markets.
7 websites to get FREE books for your tablet, e-reader
Get contemporary as well as classic books for free at these websites.
Why India's welfare plans are anti-poor
When one part of the government comes out with a serious and objective piece on how the government itself has been responsible for creating food inflation, hopefully the government is more likely to take note.
How much PETROL costs around the world
There are places on earth where petrol is cheaper than water.
PIX: 14 AMAZING corporate headquarters in the world
Let's take a look at 14 spectacular corporate headquarters around the world.
20 BUSIEST container ports in the world
Let's us have a look at the world's busiest ports.
World's 30 economic SUPERPOWERS
The International Monetary Fund (IMF) has cut down its 2013 forecast for global economic growth to 3.9 per cent from the 4.1 per cent, trimming projections for most advanced and emerging economies.
Honda to develop entry-level SMALL CAR for India
The will be cheaper than Brio and compete with Maruti Alto and Hyundai Eon.
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| April 10, 2013 | | How small farmers are REVOLUTIONISING agriculture
Droughts and declining productivity of staple crops are turning farmers to short-duration vegetable crops. The movement has made India second largest producer of vegetables.
Subrata Roy, 3 others appear before Sebi
The Sahara's is a high-profile refund case involving an estimated Rs 24,000 crore (Rs 240-billion) payment to over three crore (thirty million) investors.
How Sikkim's flower industry is BLOOMING
Sikkim's tryst with floriculture marks a new beginning for small growers, but poor market access and a flush of imported breeds may mar its sustainability.
Special: World's 30 SAFEST banks
The safest banks are those that have shown their strength in times of turbulence.
Domestic car sales down 22.51% in March
Total sales of vehicles across categories registered a fall of 7.76 per cent to 14,86,522 units in March 2013 against 16,11,525 units in the same month of 2012, it added.
BUY your own private ISLAND for Rs 1 crore
Your dream of having a home surrounded by aquamarine waters in the Caribbean or French Polynesia can turn into reality.
20 BUSIEST Metro stations in the world
Let's take a look at some of the busiest Metro stations in the world.
10 cities with MOST congested TRAFFIC
Let's take a look at 10 cities where travelling is most time consuming.
Credit cards: CASH back vs. REWARD points
It makes sense to go for a cash back card only if you are a big spender, otherwise the benefits are almost equal.
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| April 09, 2013 | | How Sterlite copper plant POLLUTED Tuticorin
The residents of Tuticorin claim that pollution from Sterlite smelter has affected their health and environment, and farmers and fishermen have lost livelihood.
Health insurance rates across the world
United States has the highest health insurance cost at $5,615.
Narendra Modi's growth mantra for India
Lauding West Bengal's development, Narendra Modi said Bengal will make the eastern part of the country powerful.
Delhi among most EXPENSIVE cities to own a car
Let's take a look at some cities, including one from India, where owning a car in an expensive expenditure.
ANALYSIS: Future of Ambani brothers' telecom deal
The network sharing agreement is the start of a new era of partnership between the brothers. More deals on sharing towers and intra-city fibre network are likely.
A fight to protect Amazonia from oil extraction
The curse of oil has brought in roads, pipelines, settlers and the inevitable devastation along with displacement, disease and death.
How Sanjay Gandhi's aviation business plan FAILED
Cables released by WikiLeaks name Sonia, Sanjay Gandhi as board members of firms that lobbied with US Embassy to connect with aircraft makers in 1976.
India is the CHEAPEST major economy in the world
A litre of petrol costs $1.38 (Rs 75.28) in India while its costs $2.08 (Rs 113.46) in United Kingdom and $2.27 (Rs 123.83) in Hong Kong.
How salary hike AFFECTS your tax outgo
If your salary structure is heavy on reimbursements, it will increase your net salary and reduce the tax burden.
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| April 06, 2013 | | New BMW 7 Series to HIT Indian roads in April
BMW is all set to launch the new version of its flagship 7 Series car in India. Traditionally, the company introduces technologies and themes first in this car, and later add them to other models. The refreshed 7 Series features new hardware for the iDrive system, redesigned leather seats and individual 9.2 inch screens for rear passengers among other changes.
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| April 05, 2013 | | This book junks some of innovation's most toxic myths
How Stella Saved the Farm reflects the classes that Govindarajan, a Dartmouth business professor, has been offering to top executives in America.
Why these Delhi hotels are LOSING crores every month
Security concerns prevent the largest hotel project in the country to take off.
Can G V Prasad FILL IN Anji Reddy's shoes?
G V Prasad is elevated as chairman of Dr Reddy's Laboratories, a position held by the late K Anji Reddy, and he has big shoes to fill.
Facebook's NEW phone app, a threat for Google?
Facebook Inc on Thursday unveiled its most ambitious attempt yet to enter mobile computing without a phone of its own, introducing a new app that replaces the home screen on some Android smartphones.
PIX: These INDIANS have made it to the TOP at Google
Let's take a look at seven Indian-origin people in prominent positions at the Internet search giant.
10 airport hubs that see MOST TRAFFIC
Let's take a look at some of the busiest airport hubs in the world.
Revealed! 3 CARS Hyundai is developing for India
The company plans for a small car, a compact SUV and an MUV.
IMAGES: Stunning Audi R8 V10 Plus hits Indian roads
So far as the price of this powerful four-wheeler is concerned, Rs 2.05 crore is the figure.
SPECIAL: Mobile phone is 40 years old!
When engineer Martin Cooper made the first landmark phone call from this first rudimentary mobile phone, he would never have imagined that after 40 years, mobile phones would facilitate almost all imaginable services to the mankind.
IMAGES: Mahindra Reva plans more electric cars
Mahindra has been keen on bringing to market cars that would redefine the 'future of mobility' in India.
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| April 04, 2013 | | The amazing One World Trade Center's Observation Deck
Standing tall at height of 1,776 feet, One World Trade Center will be the tallest building in the Western Hemisphere when it is completed.
Why foreign investors are LOSING faith in Vietnam
Foreign investors are losing faith in Vietnam, which was sought-after destination just three-four years back. Due to slow reforms and rising corruption the growth in foreign investments has turned negative.
Data service: Telecom operators' next BIG BET
The RIL-RCOM deal is an indication of telecom sector's future. As the mobile subscriber numbers plateau, telcos need to look at alternate stream of revenues, and data services will be the key to their growth.
India has grown faster under UPA: Rahul Gandhi
In his first interaction with India Inc, Rahul Gandhi said the politics of alienating communities is affecting growth.
World's BIGGEST companies run by WOMEN
Women account for less than 5 per cent of the CEOs in S&P 500 companies.
PICS: Why Indians find this Dubai property irresistible
DAMAC Properties is launching phase two of a $1 billion project of luxury hotel and serviced residences to Indian investors.
10 nations where most businesses will offer salary hikes
Employees in Latin America (86%), the Nordic region (84%),North America (79%) and South EastAsia (75%) are most likely to get a pay rise in 2013.
Honda Amaze is the MOST fuel-efficient diesel CAR
Honda's first diesel car in the country, Amaze, will give a mileage 25.4 kmpl. It is also more powerful than Maruti Swift Dzire and is expected to sell at an aggressive price tag - starting at Rs 600,000.
IMAGES: Best smartphones available in the market
Let's take a look at some of the best available mobile phones.
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| April 03, 2013 | | Obama's $100 mn BRAIN project to beat India, China
President Barack Obama has unveiled an ambitious $100 million project to unlock the "enormous mystery" of the human brain.
NEW Google Nexus 7 tablet to HIT the market by July
Google is planning to sell the next-generation Nexus 7 tablet from July that will feature Qualcomm Inc's Snapdragon processor. It is expected to retain the aggressive pricing.
War and peace: AMBANI brothers through the years
After being at loggerheads for 8 years, Ambani brothers have sealed a Rs 1,200-crore (Rs 12-billion) deal wherein Mukesh will use his younger sibling's optic fibre network for launch of his telecom venture.
5% economic growth disappointing: PM
Returning to 8 per cent growth needs speedy, decisive government action, the Prime Minister added.
What you need to know about LTA
If you don't use the two LTA exemptions by December 2013, one can be availed of in 2014-17.
STUNNING cars you would love to drive!
From fuel efficient cars to million dollar super cars, the New York Auto Show has something for everyone.
IMAGES: World's costliest billionaire homes
The world's most expensive billionaire home is in Mumbai.
The world's BIGGEST beer guzzler
Let's take a look at some countries that consume most beer.
Why the food security bill will NOT help the POOR
'Food security' will, unfortunately, become a giant boondoggle.
How to SAVE more, invest wisely this financial year
Steps like depositing the entire PPF amount before April 5 or preparing a household budget will ensure this financial year goes well.
Auto awards: BEST CARS in the world in 2013
Sixty-six auto journalists from 22 countries rate the best cars in the world. Here are the winners of World Car Awards for 2013.
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| April 02, 2013 | | Ambani brothers join hands for telecom biz
Under the pact, Mukesh Ambani-led Reliance Industries' telecom arm will hire nationwide optical fibre network of Reliance Communications for the roll-out of 4G services.
Indian women pros ahead of those in the West
This is besides succeeding at the difficult balancing act that confronts the vast majority of working women around the world, head of a non-profit think tank Center for Talent Innovation has said.
APPS that help you MONITOR children's Internet use
With smartphone and tablet users getting younger, Here are few apps that can help parents of 2-to-13-year-olds monitor and control their children's use of the Internet.
PIX: Solar-powered plane gears up for an exciting tour
The path breaking solar-powered plane is making final preparations for a flight across the United States.
Maruti's sales in March fall 5%; rise 3% in FY13
For the entire 2012-13 financial year, however, the company's total sales increased by 3.33 per cent to 11,71,434 units from 11,33,695 units in 2011-12, Maruti Suzuki India said in a statement.
FASTEST growth periods of India, and 9 Asian nations
Let's take a look at 10 Asian countries and their fastest growth periods in the past 30 years.
Will Aakash SUCCEED even as it FAILS?
Aakash is now two years beyond its initial delivery date.
Countries with HIGHEST number of CARS in the world
Economic slowdown and the high prices of fuel notwithstanding, car ownership across the world has been rising steadily.
How govt banks aided the RISE of CRONY capitalism
Government banks have repeatedly failed to take quick action against defaulters. They only raise an alarm when the loan turns into a non-performing asset. A fitting example of this attitude is Vijay Mallya's Kingfisher.
The success story of Kerala's Startup Village
With plans to create 1,000 product firms in 10 years, Startup Village in Kerala is set to leave a mark on India's IT landscape.
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| April 01, 2013 | | Petrol price cut by 85 paise per litre
Petrol price was on Monday cut by 85 paise per litre with effect from midnight tonight, the second reduction in rates in two weeks.
Auto majors post mixed results in March
Automobile sector posted mixed results in March with some registering moderate to big jump in sales while others scored low as far as sales are concerned.
Why China's CURBS on property buying will NOT work
To cool the real estate market, putting curbs on property buying will not work. There are many loopholes in China's monetary policy that would again lead to rise in real estate prices. The country first needs to address this weakness.
India's biggest airlines: IndiGo is No.1
Domestic air traffic in the first two months of this year fell by 3.57 per cent compared to the same period last year.
How Dharavi garment worker became a celebrity shoemaker
True-life story of Dharavi's garment worker, who now makes shoes for Kajol, Abhishek Bachchan, Hrithik Roshan, Ranbir Kapoor and international stars like Kylie Minogue. His scale of business: A 120 sq ft plot and eight employees.
images: How to ensure good resale value of flat
Potential buyers appreciate basic furniture fixtures in the kitchen and living room and are likely to pay a premium for such ready-to-use services.
World's most EXPENSIVE energy projects
Kashagan oil field is the world's most expensive energy project.
How India can ensure fuel security
The one fact of life that will be unchanged into the foreseeable future is that India will remain hugely import-dependent for energy, while rival countries are booking sources of supply, or blocking other sources through trade embargoes.
PICS: Jewellers woo consumers and banks
Jewellers are also focusing on designs to attract customers.
IMAGES: 6 most controversial advertisements
Is this creativity, or just cheap stunts to grab attention quickly?
PIX: Will real estate Bill create consumer comfort?
Real estate business and market have so far been the monopoly of promoters, developers and builders.
Cyrus begins transition at Tata Group
People who attended the celebrations said the sincerity and passion, besides absence of smart one-liners, reminded them of his predecessor.
IMAGES: Google's Glass thrills but chills
With Glass, suddenly Google has become the hot new name in what is to be the rage of the future - wearable computing.
Performance is Jaguar's new spearhead
Driven by demand for SUVs globally, Land Rover continues to ride a wave of success, on the back of a strong product line-up, design as well as technologies.
8 BIGGEST insurance LOSSES in the world
Let's take a look at eight biggest insurance losses in the world since 1970.
Audi's FASTEST car to HIT Indian roads on Apr 4
Finally, Audi is set to launch the R8 in India. The car accelerates from 0-100 kmph in 3.5 seconds and can achieve a top whack of 317 kmph.
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| March 31, 2013 | | Sun Pharma, Mahindras in India's TOP-10 club
These two are now among India's most valuable business houses, ahead of older and more diversified groups, such as the Bajaj, OP Jindal, Anil Ambani, UB, Godrej and Hinduja.
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| March 28, 2013 | | Fiat BETS on SUVs and sporty cars in India reboot
Fiat has revised its India strategy. The car maker, which was among the first western auto companies to enter India, is betting big on SUVs and sporty cars. It no longer wants to compete in the small car segment.
REVEALED: Specs, features of the facelifted Maruti SX4
Find out changes Maruti Suzuki has made to its SX4 sedan that will hit the road soon.
Videocon's value-for-money telecom gamble
It plans to offer 4G data with voice at rates 15-25 per cent lower than those of its competitors just as it has done with its TV sets. Many say it might be a recipe for disaster.
300 mn to enter banking net, ATM makers rejoice
By 2017, research provided by NCR Corporation, an ATM maker, suggests that the installed base of these machines in India will reach 400,000 machines, from about 100,000 in the third quarter of 2012.
What Indian Railways can LEARN from the Chinese
During independence, Indian Railway's system was ahead of China's. However, in 1990s the ambitious neighbour started its rail reforms and left India far behind. The Chinese rail transformation story has many lessons for India.
How Nokia plans to BEAT competition
The Finnish company is slowly and steadily strengthening its smartphone portfolio with both cheap and expensive products to tap the youth.
Inside India's stunning BPO hubs
India is the world's favoured market for BPO companies.
Bobby Pawar, ad team get MARCHING orders over Ford ads
Replacements to Pawar and creative team on Ford yet to be announced, even as campaign sparks worldwide outrage.
10 BEST countries for entrepreneurs
Guess what four of the 10 best countries for entrepreneurship have among the smallest economies in the developed world!
2 Indian cities among world's WORST places for CARS
Although finding a parking spot is a nightmare for car owners around the world, some cities pose a bigger challenge than others.
Navi Mumbai: The next BIG realty HOTSPOT
The picturesque Palm Beach Road is being touted as Navi Mumbai's answer to Marine Drive.
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| March 26, 2013 | | An iPhone app made this 17-year old a MILLIONAIRE
The developer of iPhone news app sold his company Summly to Yahoo for millions.
Tata's dream to fly takes wings; AirAsia JV cleared
The proposal was cleared by the Foreign Investment Promotion Board, Finance Ministry said in a statement.
Colour code for mutual funds WON'T curb mis-selling
While Sebi's colour code will help investors, mis-selling might not reduce substantially.
Can S Kumars WEATHER the financial storm?
The company has been buffeted by setbacks. Its expansion plans are on hold, promoters have pledged their shares and its market cap has tumbled.
World's top REALTY investment hotspots, India at 20
India is ranked 20th in the list of world's top real estate investment markets with investment volume of $3.4 billion in 2012, property consultant Cushman & Wakefield said in its latest report.
10 countries earning MOST tourist DOLLARS
Tourism accounts for nine per cent of global GDP and is projected to represent one in every 10 jobs by 2022.
Challenges facing the new insurance chief
The new Irda chairman's biggest challenge will be to give equal priority to the growth of the industry and customer welfare.
Catastrophe pool: Faster relief for victims of disaster
Both General Insurance Council and Irda have made efforts to set up this pool. However, a formal notification giving guidance for its implementation has not yet been issued.
IMAGES: 15 stunning cars set to hit the roads soon
Will these amazing models ever come to India?
Why India needs to create job opportunities URGENTLY
The growth path going forward has to absorb the new entrants into the labour force, which are estimated at 4.5 million annually in the 12th Plan document.
10 tech companies that have most JOB OPENINGS
Despite slowdown, these companies are bullish on hiring.
World's TOP 20 economies by 2030, INDIA at No. 3
Despite weaker exports and sluggish domestic demand, China is still on track to overtake the United States.
India's 10 most REPUTED companies
Each year, Nielsen's Corporate Image Monitor survey measures the reputation of leading corporates on the basis of certain attributes. The Monitor measures perceptions of the image and reputation of India's leading companies, across sectors and serves as an important indicator of the strength of the corporate brand.
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| March 25, 2013 | | How EXIT interviews can help companies
When one of your employees decides to move on, use a carefully designed exit interview to involve him in defining the problems and generating solutions.
The PROS and CONS of working from home
Yahoo! CEO Marissa Ann Mayer's decision to end telecommuting has evoked strong reactions and has divided opinion.
Cyprus saved from BANKRUPTCY, gets a bailout
Cyprus, once a high-income economy is today facing a severe economic crisis.
Are IT outsourcers promoting MINI CEOs?
For young graduates who see the $108 billion IT industry as a sure pathway to modern India's growing middle class, the transformation is unsettling.
Amazing IMAGES of world's BIGGEST transport plane
The Beluga carries complete sections of Airbus aircraft from different production sites to the final assembly lines in Toulouse or Hamburg.
Crude import from Iran: Govt mulls insurance fund
The ministry is in consultation with various other stakeholders and ministries on this and the department of financial services was working on the proposal.
World's first underground railway completes 150 years!
London Underground completed 150 years since the first underground journey took place between Paddington and Farringdon on the Metropolitan Railway on 9 January 2013.
IN PIX: Toasting corporate excellence
President asks industry leaders to have belief in themselves.
Despite slowdown, Maruti to add capacity at Manesar
The decision to add capacity comes at a time when most auto majors have been resorting to production cuts.
Can AirAsia COMPETE with existing low cost airlines?
Low-cost positioning is passe. Brand experts suggest ways in which the airline can differentiate itself in the minds of customers.
Why investors' perception towards gold should change
Making a call on gold price trends through 2013 will be a toss-up.
The economic side effects of political INSTABILITY
Taking a cue from the UPA's recent tussle with the DMK, foreign investors may consider selling into rallies in the future.
Top 6 BUDGET tablets with big screens
A list of Android-based tabs that have big screens and are pocket-friendly.
India among 25 countries that have MOST AIRPORTS
There are some countries that have no airports at all, while some nations are not short of them.
Two Indian cities among world's WORST for commuters
Commuting is a problem for many across the world, especially for those in cities that do not have proper public transport.
25 countries that give MOST economic AID
Economic aid not only gives leverage to donor nations over lenders, but also fulfil its main aim of helping the less well-off.
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| March 22, 2013 | | Ambassador pulls Hindustan Motors back from the brink
Boosted by its demand, sales jumped 166% in February. The firm is now planning a massive facelift for its cars to keep the momentum going.
IMAGES: Why and when does gold fall
Govt cannot assume it will solve current account problem.
Why Mahindra car names end with an 'O'
The letter "o" continues to play a superstitious role in Mahindra & Mahindra (M&M's) car launches, as the name of its first electric car after the acquisition of Reva showed.
India's tourism growth story LOSING sheen
Against the projection of 12 per cent annual growth in foreign tourist arrivals, 2013 is set to see negligible increase, implying loss of foreign exchange, besides an image dent.
India's BIGGEST e-commerce hubs, Delhi is No.1
New Delhi has emerged as the top e-commerce hub in India in 2012.
11 BIGGEST economic BAILOUTS in the world
Let's take a look at 11 countries that have been bailed out by banks.
IMAGES: 25 biggest consumers of oil in the world
Let's take a look at 25 biggest consumers of oil in the world.
IMAGES: Mumbai airport's STUNNING Terminal 2
The swanky Terminal 2 at the Chhatrapati Shivaji International Airport, Mumbai is set to open in September this year.
25 LARGEST electricity producers in the world
Let's take a look at some major producers of electricity.
INDIA is the country to look out for: Google chief
India will add a significant part of the next 5 billion Internet users, with maths suggesting that it is the country to look out for, Google Executive Chairman Eric Schmidt said.
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| March 21, 2013 | | IMAGES: Nita Ambani offers puja at Hyderabad temple
Glimpses of Nita Ambani at Balkampet Mahakali Temple.
RBI downplays money laundering charges
The country's three largest private banks -- ICICI bank, HDFC Bank and Axis Bank -- were last week accused of indulging in money laundering both within and outside with an online portal, Cobrapost, claiming that the sting operation conducted by it had revealed a scam.
Meet the people who get highest salaries
Professionals in these industries earn compensation that is 30-60 per cent higher, on average, than those who work in other industries.
Why US needs to LEARN to live with India's frailties
American business should adapt to India's messy regulatory and tax environment or risk losing trade deals to its competitors.
12 companies that saw the biggest wealth EROSION
The Indian stock market boom saw the rise of many wealthy investors. However, some of the high profile companies did not live up to the expectations of investors.
India's growth story: Is the worst over?
Growth revival will be more tentative, inflation sharper, and external pressures more acute than pronouncements suggest.
Why Delhi Aerotropolis DOESN'T measure up to Beijing's
Different government departments want changes to existing structures and layout is resulting in for hoteliers.
India among LARGEST IMPORTERS in the world
Let's take a look at 20 countries that are biggest importers in the world.
M&A fever returns to pharma
With local companies facing stress in domestic operations, valuations are down.
25 countries that have BEST quality of life
There are some countries where not only the Gross Domestic Product figure is high but also standard of education and income equality.
Mumbai, Delhi among 30 cities with the RICHEST people
The combined wealth held by HNWIs grew by 2 per cent, or $566 billion, to just over $26 trillion in 2012.
10 BIGGEST markets in the world for luxury cars
Economic slowdown fails to dent luxury car sales.
IMAGES: Nokia launches Windows 8 phone at Rs 10,500
Nokia launched two mobile phones based on Windows 8 operating system, including one priced at Rs 10,500.
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| March 18, 2013 | | Invest Rs 40 lakh for tax benefit of Rs 20,000
The Budget proposal for additional home loan deduction will have little impact on the market.
Can Sebi bring Sahara Group to justice?
Sebi's action on Sahara is showing results, but problems remain.
Can BlackBerry do what RIM couldn't?
The company that used to be a juggernaut of smartphones is now undertaking a 'journey of transformation of business and brand'.
Rising tensions could HAMPER Kashmir tourism
Rising tension, curfew and violence in Kashmir could spoil the travel plans of tourists at the onset of the peak travel season.
BEST tablets below Rs 10,000
While the iPad Mini stays at the pinnacle of one's aspirations, here are a few sub-Rs 10,000 tablets worth checking out in a similar form factor.
Job change should not deprive you of PF
Keep transferring the account, as unclaimed amount will not earn interest after three years.
Is your builder going BANKRUPT? Find out...
There are some tell-tale signs such as slowdown in construction or absence of communication.
RIL's growth takes wings on surge in treasury income
The boost from treasury income has helped RIL juice up its earnings at a time when the margins in its core refining & petrochemicals business are running low.
Why small taxpayers are EASY targets for I-T Dept
Big evaders might be the target but the small guys end up getting punished.
These countries DO NOT have an airport!
These 5 countries have no airports at all.
Money laundering: Banks must restore public TRUST
Both the regulator and bank managements will face the challenge of restoring confidence.
Countries that spend the LEAST and MOST on food
Let's take a look at 20 countries that spend least and most on food, alcohol and tobacco.
28 countries that have the FASTEST Internet speed
Let's have a look at countries that enjoy high broadband speed and see where India ranks.
Facelifted Freelander 2 is here, starts at Rs 38.67 lakh
The major changes done to the recently launched model include revised exterior, a new centre console and an upmarket sound system with 17 speakers.
Chevrolet to launch CHEAPER diesel variant of Sail U-VA
In a second attempt to challenge the dominant position of Maruti Swift, GM India will launch a cheaper variant of Sail U-VA that will cost Rs 529,000.
Petrol is CHEAPEST in these 10 countries
Petrol prices are the most volatile across the world.
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| March 15, 2013 | | Good news! Petrol price slashed by Rs 2 per litre
Petrol price has been reduced by about Rs 2 per litre, in line with falling international oil rates.
'Indo-US economic ties remain underdeveloped'
The US-India trade had doubled every five years and was approaching the $100 billion mark, since 2001, but it is still a low number.
Raghuram Rajan: Financial crisis prophet to RBI CHIEF?
The man widely expected to be India's next central bank chief favours clipping the autocratic power of the role and giving more say to a monetary policy committee.
Air India's Dreamliner may resume flights soon
The US Federal Aviation Authority has approved Boeing's plan to fix the battery-fire problem in the Boeing 787 Dreamliner fleet.
Tata for enhancing India, China cooperation
Citing partnership between Tatas-owned JLR and China's Cherry Automobile, he said the Chinese bring ingenuity and creativity to their job.
Money laundering: New cases pop up even as old ones drag
With the Financial Intelligence Unit deciding to probe three major banks for alleged money laundering, it is interesting to note that the same agency also conducted a probe in the HSBC money laundering case.
How to make India a better place for business
As concerned Indians we need to ask what can be done in the short term, which does not require legislative approval to enhance investment.
Tata sees India achieving 7% growth in 2 years
The Chairman Emeritus of the Tata Group said that the recent steps by the government have restored investors' confidence in the country, but more needs to be done.
Galaxy S4: Bigger, faster, thinner and feature rich
Samsung premiered its Galaxy S4, which sports a bigger display and unconventional features such as gesture controls, as the South Korean titan challenges Apple Inc on its home turf.
Bank employees get AC cabs, foreign trip offer!
With a scramble for deposits at the end of financial year, banks are using every possible trick to boost employee performance.
Why Indian Railways continues to remain INEFFICIENT
The finances of the Railways are in dire need of repair.
Air India discounts spark price war
Low-cost carrier IndiGo, too, has slashed fares to match Air India's levels, but has not announced any scheme.
How Cobrapost EXPOSED top banks' money laundering
Online media firm Cobrapost on Thursday alleged managers of the country's top-three private banks by market capitalisation - ICICI Bank, HDFC Bank and Axis Bank - had been offering 'money laundering' as products to people looking to park black money.
10 companies that spend the MOST on RESEARCH
Let's take a look at world's most innovative companies based on research and development spending.
IMAGES: Families live in a shipping container!
For $80 a month, families can opt to live in a shipping container in Shanghai
Auto cos hauled up for monopolising spare parts sales
There is some good news for vehicle owners. The repair and maintenance costs on their cars could come down soon if a report on monopolistic behaviour of automobile makers is accepted by the country's anti-trust watchdog.
IMAGES: World's most expensive buildings
Let's take a look at some of the most expensive buildings in the world.
Porsche 911: What makes it the CAR of the century?
For five decades, the 911 has been the heart of the Porsche brand. This year, it celebrates golden jubilee. The 911 is also the central point of reference for all other Porsche series.
3 Indian airports among world's BEST
Three Indian airports are among the top five airports in the world providing international standard services.
In pix: 10 TOP selling SUVs in India
There is no denying that sports utility vehicles (SUVs) are increasingly becoming popular among Indian car buyers.
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| March 14, 2013 | | Merc to hike prices by up to Rs 58 lakh from April
The hike in price ranges from 1-4 per cent for locally produced models, and up to 20 per cent for select completely built units, the company said in a statement.
ICICI, HDFC Bank, Axis probing money laundering charges
Probes come after independent journalist accuses ICICI, HDFC, Axis Bank and cites video recordings collected by him as evidence.
How an angel investor is changing rules of the game
Blume Ventures sets a breakneck speed in two years of existence; time will tell if the strategy works.
India undermining intellectual property: Pfizer
Pfizer alleged India has taken steps that call into question the sustainability of foreign investments and the ability to compete fairly.
World's largest flawless diamond up for auction
The rough diamond of 236 carats was found at the jwaneng mine in Botswana and took 21 months to polish.
Why govt forcing corporates for charitable work is good
Many businesses use charitable work to get project clearances and deviate people from bad publicity. Making corporate social responsibility mandatory would lower such misuse.
Petrol price may be cut, diesel to be costlier
Petrol price may be reduced by about Re 1 per litre while diesel price may be hiked by 40-50 paisa a litre from March 15/16.
Fortuner, Innova SAVE Toyota the blushes
Overall numbers decline, but the success of these two brands help Toyota move up to the fourth spot in the sales league table.
SHAKE-UP in Motown rankings as consumers shift gear
Even as some automakers limp, others charge ahead.
Disney rules out theme park in India
According to Andy Bird, chairman of Walt Disney International, theme park investment requires massive support infrastructure such as airports, power supply and roads, still not available in India.
Salaries soar: India's HIGHEST paid CEOs
Naveen Jindal, Chairman and Managing Director of Jindal Steel and Power Ltd (JSPL), has topped the executive pay charts for listed companies in India.
The STORY of two WOMEN coal miners
The two women coal miners in all of Bosnia and Herzegovina are not left in the dark when it comes to their jobs.
The BEST and WORST rated countries in the world
Let's take a look at best and worst rated countries in the world.
Kolkata's woes with business houses continue unabated
This would be another major blow to West Bengal after the pullout of the Tata Nano project.
REVEALED: Specs, features of Honda Amaze
Check out the features and specifications of Honda Amaze.
US groups criticise India's drug, tech, farm policies
Last year, India's agricultural exports to the United States topped $5 billion.
Apple's iPad to FALL behind Android
A growing variety of smaller and cheaper Android tablets from Google to Amazon.com Inc will catch on this year with more consumers and chip away at Apple's dominance since the first iPad launched in 2010.
10 BIGGEST technology HUBS in the world
Let's take a look at some of the biggest technology hubs in the world.
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| March 13, 2013 | | Post Budget, minister announces 19 MORE NEW trains!
Railway Minister Pawan Kumar Bansal announced introduction of 19 new train services, extension of three and increase in frequency of five trains acceding to demands of MPs.
Vijay Mallya's woes: A Vaastu reason now!
Vijay Mallya has been burdened for the past three years with debt at United Spirits spiralling and Kingfisher Airlines, well, on a downward spiral.
Money transfer, card usage: New norms to prevent MISUSE
RBI has asked banks to implement these security and risk control measures from 30 June 2013.
Where RELIANCE is investing its money
Analysts wary about investment in 'unrelated' sectors, insiders say retail will break even by month-end.
Boeing receives federal approval for battery test
Aviation major Boeing has received federal approval to its plan to test the battery system of its 'Dreamliner' planes, which were grounded early this year after a fire in one of the aircraft due to fault in the battery system.
A day that ROCKED the Bombay Stock Exchange
The Sensex gained 2.54% in the trading session after the blasts to end the day at 2,421.
IMAGES: World's wealthiest love these cities
Let's take a look at cities that are favourite of world's wealthiest.
10 websites where users spend MOST time
Let's take a look at 10 websites where users spend the most time.
World's FASTEST-growing airports
Most of the world's airports are owned by government bodies or leased to private corporations who oversee the airport's operations.
The stunning Jaguar F-Type to HIT Indian roads in July
Jaguar Land Rover is planning to launch the stunning F-Type in India in July. The Freelander 2 is set to hit the market soon, too.
Most REPUTED companies in the United States
The number of companies with great reputation falls from 16 to 6 over past 2 years in the United States according to a Harris Interactive study. Auto and financial services industries show strong growth.
5 TIPS to invest in the stock market
If one has the money and drive to grow their income, the stock market is one of the top of mind options for many investors.
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| March 12, 2013 | | Corporate jets, charter planes under DGCA lens
Recent audit raised concerns about oversight functions exercised by DGCA and clubbed India with several African nations with poor aviation safety record.
Ratan Tata UNVEILS Safari Storme concept, NEW Aria
Tata displayed its facelifted Aria and Safari Storme Mountain Rescue concept cars at the Geneva Motor Show.
Revealed: How Chidambaram reined in fiscal deficit
He used an old rule to cut the expenditure allotted to various ministries.
Mahindra bets on maiden e-car launch
The e2o, an all-electric, four-seater passenger car, will be the first model under the Mahindra Reva stable to be launched.
Million dollar roofs: Mumbai, Delhi at par with NY
A home in Mumbai or Delhi or one in New York? Or perhaps one in London or Dubai? Take your pick because they all now cost nearly the same.
Even after retirement, TATA remains as busy as before
Tata has already said, as days go by, he would focus his attention on "specific areas where value can be added to enhance the quality of life of rural citizens".
Meet the 30 RICHEST Indians
The combined net worth of India's hundred richest businessmen is Rs 1,112,628 crore.
IMAGES: 10 stunning cars you simply can't miss!
Here are 10 cars from the 2013 Geneva Motor Show that you simply cannot afford to miss.
IMAGES: 25 nations with the world's BEST infrastructure
Let's take a look at 25 countries that have the best infrastructure in the world.
IMAGES: Old BEAUTIES put Jaipur in retro mood
These classic cars adorn Jaipur roads at the 15th Vintage & Classic Car Rally. The car on display included 1935 Buick Series, 1935 Auburn 651 Boat Tail Speedster, 1948 Pontiac, 1937 Morris 8 and 1951 Rolls Royce.
Coimbatore: A boom town on the verge of going BUST
Crippling power cuts in Tamil Nadu are shutting factories and threatening an industrial debt crisis that is wrecking its second-largest city's plan to become India's next business Mecca.
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| March 11, 2013 | | 'Energy revolution is America's big comeback story'
Ruchir Sharma and Nandan Nilekani engage in an exciting conversation, with listening in. This is a final of a three-part feature.
How mobile is the new SAFETY tool for women
The rise in crimes against women has brought into focus some ways their constant companion -- the mobile phone -- can help.
Feb car sales at 12-year LOW, plunge 25.7 percent
Car sales in India slumped 25.7 percent in February, the biggest fall in more than 12 years and the fourth consecutive monthly slide, as sluggish economic growth continues to weigh on demand.
A short life span for modern cars, machines!
All machines will go the way of all flesh - and the more modern the machine, the sooner it will do so.
Why Xperia Z could be Sony's trump card
The Japanese electronics giant finally has a phone in the premium smartphone category.
Coke plan HITS policy bump
Maturity extension for redeemable preference shares stuck due to lack of directions in FDI rules.
India's agriculture is NOT just about suicides
Most people don't know that India is an agricultural power in world markets, says T N Ninan.
Mexico next breakout nation, says Kenneth Rogoff
Mexico is moving away from dependence on oil revenue, and is positioned to be the next breakout nation, says .
They became BILLIONAIRES WITHOUT doing any work
Let's take a look at some billionaires who inherited their wealth.
AMAZING perks Google offers its employees
Let's take a look at some amazing perks Google offers to employees.
10 airlines with the best ON-TIME arrival record
Major International airlines on average delivered 77.64% of their flights to the arrival gate within 15 minutes of schedule in February.
IMAGES: Onboard the swanky Rajdhani Express
The refurbished Rajdhani Express resembles swanky trains abroad.
Toyota to launch NEW Etios, Liva this month
The new cars, which have undergone over over 100 changes, were spotted at a dealer's showroom.
Is Indian stock market the BEST in the world?
Let's take a look at the performance of stock markets in the emerging markets in the past two years.
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| March 08, 2013 | | Good news! Flying time to REDUCE soon
Ending a long-pending dispute over sharing of sky for civilian and military traffic, Cabinet Committee on Security (CCS) on Friday approved easing restrictions
IMAGES: Ratan Tata meets Raj Thackeray
Tata Group Chairman Emeritus Ratan Tata on Friday met Maharashtra Navnirman Sena (MNS) chief Raj Thackeray at his residence in Mumbai.
Economy to bounce back to 8% growth: PM
Singh said the government is determined to give a push to the economy as he rejected the Opposition charge over mishandling of the situation and making a mess of it.
'India sells 3.11 mn tabs in 2012'
Samsung leads the India Tablet market (five-inch screen size and above) for CY 2012 and Q4 2012, followed by Micromax.
Is Adani BANKING on Modi to be the next PM?
Following the Wharton controversy, the Adani Group also withdrew its Platinum Sponsorship for the event. The move is being viewed as a gesture of loyalty to Modi.
India's growth will bounce back, assures PM
The major focus of this year's Economic Survey was on pushing economic growth, which has been projected by the Central Statistical Organisation at 5 per cent for this fiscal, sharply lower than the original estimate of 7.6 per cent (+/- 0.25 per cent).
Mukesh hits back at GSM players
Reliance Jio accuses COAI of malafide intention.
iGate's next BIG ambition after Patni acquisition
It wants to increase its revenue to $3 billion by 2017 from $1 billion now.
Double whammy for high-end car users
After rise in duties, third-party motor insurance rates set to increase premiums 5 - 10 per cent.
IMAGES: The bustling world of Indian Railways
Indian Railways is one of the world's largest railway networks comprising 115,000 km of track over a route of 65,000 km and 7,500 stations.
Meet the world's YOUNGEST billionaires
Out of the world's 1,426 billionaires, there are 29 people under 40 years old.
Images: It's all about STUNNING cars and HOT women
Let's take a look at the 2013 Geneva Auto Show.
Countries with the HIGHEST number of billionaires!
Let's take a look at some countries that have most billionaires per capita.
Boom to DOOM: Detroit turns into a MISERABLE city
It's a doom in Detroit with the state declaring a financial emergency.
These women broke the glass ceiling to reach the TOP!
In the India's corporate world dominated by men, these women make a big difference.
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| March 05, 2013 | | Billionaire boom: Meet the World's 30 RICHEST people
The number of billionaires has reached a record high of 1,426 with a record net worth $5.4 trillion, says Forbes.
How much does a cup of COFFEE COST in India?
Let's take a look at the price of a Starbucks grande latte in India and around the world.
Images: World's first PANDA themed hotel in China!
China will open the world's first panda themed hotel in May.
Mahindra Reva to launch its electric car E2O in March
The carmaker was waiting for the government to announce sops for green vehicles in the Budget that would have help price the car lower.
BMW X1 vs Audi Q3: Who will WIN in India?
The two car makers from Germany, BMW and Audi are in a tug of war for the top slot in the luxury car segment in India.
Deutsche Bank sees Sensex at 22,500 by Dec
In spite of a steep fall in market indices since the Budget, Deutsche Bank has maintained a positive view on Indian equities, saying it sees the Sensex scaling 22,500 points by December on a possible monetary easing, recovery in global growth and policy initiatives.
A tour of Australian billionaire's AMAZING TITANIC
Clive Palmer, an Australian billionaire, plans to reconstruct the Titanic.
Finally, Nasscom to also FOCUS on internet, mobile
Recently, some software firms formed a separate body called the Indian Software Product Industry Round Table, or iSpirt.
Why FinMin, CSO may both go WRONG on GDP forecast
When FM was that the third-quarter GDP data was not in line with his ministry's optimism, he had said he relied on the advice of his advisors.
Budget 2013 -What's in it for me?
As direct tax rates are unchanged, the impact on individuals is fairly neutral.
The STORY behind India's BILLIONAIRE CLUB
Here's an analysis of India's richest people.
IMAGES: Rs 3.49-lakh Mahindra Maxximo Plus in India
Let's take a look at Maxximo Plus, which was launched in India on Monday.
Mukesh Ambani is India's RICHEST for 6th year
Carlos Slim has emerged as wealthiest in the world for the fourth consecutive year.
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| March 01, 2013 | | Petrol price hiked by Rs 1.40 per litre
A rise in international oil prices and depreciation in rupee have necessitated a Rs 1.40 per litre increase in price of petrol with effect from midnight tonight, said a statement by Indian Oil Corporation.
New Delhi International Airport wins SAFETY award
Delhi International Airport has won the prestigious 'International Safety Award' from British Safety Council, one of the largest independent occupational health, safety and environmental organisations in the world.
It's a Budget with balance
Mr Chidambaram could have done more to calm investors.
Maruti, Toyota sales FALL in Feb; Hyundai's UP 5%
Sales of the Maruti's mini-segment cars such as M800, A-Star, Alto and WagonR, fell by 15.87 per cent
Coins that have MOST and LEAST purchasing power
Let's take a look at some coins that are worth less than any other in the world.
25 countries where ALCOHOL is most EXPENSIVE
Let's take a look at countries where alcohol is most expensive.
India Inc gives thumbs up to the Budget
India Inc gave a thumbs up to the UPA-II's last Union Budget before the general elections next year and said Finance Minister P Chidambaram presented a "bold" and "growth-oriented" Budget.
Budget 2013: The impossible trinity?
The Budget tried to please politicians, rating agencies and reformists, and let them all down -- slightly.
IMAGES: Vehicles that will NEVER hit the roads
Let's take a look at some vehicles that remained a concept and never reached the showroom.
Over 23 million lifted out of poverty in China last year
Over 23 million people were brought above the poverty line in China last year as about 100 million people from rural areas moved to cities for work.
Budget 2013: The wrong way to raise revenue
Bridging the fiscal deficit and facilitating investments were the prime concerns of Budget 2013.
Budget 2013: Just words, no action
The FM wants credit for acting on environment, but does the wrong things.
In-depth analysis of Union Budget
Fiscal deficit planned to reduce to 4.8 per cent in FY2014, subsidy bill remains elevated. Proposes to reduce fiscal deficit to 3%, the revenue deficit to 1.5 per cent and the effective revenue deficit to zero by FY2017.
How Chidambaram justifies the Budget
Admitting there were challenges before the economy, Finance Minister P Chidambaram said at a post-Budget media conference that another set of decisions and measures would be announced during the Budget's passage in Parliament.
Honda STOPS Jazz production to focus on Amaze
Honda dealers stopped taking orders for Jazz. The company will, however, deliver pending orders.
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| February 28, 2013 | | FICCI shocked by low GDP growth
GDP growth figures of a mere 4.5% has placed a greater onus on the government to implement reforms.
Slowdown: India's GDP growth FALLS to 4.5%
The Indian economy grew by 4.5 per cent in the October-December period of the current financial year, pulled down by poor performance of farm, manufacturing and mining sectors.
Where the rupee COMES from, and where it GOES
Where will we get all the money announced in the Budget?
Budget 2013: Puts the smile on rural poor
FM has taken up basic issues that concerns the population in India's heartland.
Opposition calls Budget a 'jugglery'
Expressing disappointment with the Budget proposals, Leader of Opposition in Lok Sabha Sushma Swaraj said 'it is unimaginative, dull and boring'
Women's share GROWS in Budget speech, literally
When it comes to usage of words in the budget speech, terms like women, youth and investors grew in count from the last year levels.
Govt give a chance to service tax defaulters
Interest, penalty and other consequences will be waived.
Budget is growth oriented, says Adi Godrej
Raising the taxes on the super-rich will not solve the fiscal consolidation problem, but will definitely help.
Respite for foreign investors: Norms simplified
Market regulator Securities and Exchange Board of India would be doing away with different procedures and avenues for many categories.
First women's bank in India
It will be a public sector bank and Rs 1,000 crore has been allocated to it.
Luxury homes to COST more
Finance Minister P Chidambaram on Thursday announced a Rs 2,000 crore urban housing fund, while making luxury homes costlier by cutting abatement on service tax on a flat with a floor area of over 2,000 sq ft, or prices exceeding Rs 1 crore.
Budget speech gets modern; Stiglitz finds mention
Presenting the Union Budget for 2013-14 in Parliament, Finance Minister P Chidambaram also quoted his favourite poet Tiruvalluvar towards the end of his Budget speech after referring to Stiglitz in the beginning.
Mobile phones above Rs 2,000 set to cost MORE
Excise duty raised to 6 per cent.
Excise duty on SUVs, imported luxury vehicles hiked
SUVs occupy greater road and parking space and ought to bear a higher tax, says FM
FM offers minor sops to income tax payers in budget
Slapped a 10 per cent surcharge on 'super-rich' and corporates. Levied an inheritance tax and raised duties on mobile phones, cigarettes, and luxury vehicles.
Highlights of the TAX proposals
Finance Minister P Chidambaram announced a slew of taxation proposals in the Union Budget on Thursday.
Industry view: Budget raises taxes on some companies
P Chidambaram has unveiled a bigger-than-expected outlay for the coming fiscal year.
Cheer for first time home loan borrowers
Rising property prices and the inflation hardly leaves sufficient amount after the payment of the EMIs.
Tax credit of Rs 2,000 if your income is up to Rs 5 lakh
The proposal will benefit 1.8 crore tax payers
Budget 2013-14: Chidambaram's 8th; India's 82nd
P Chidambaram presented the Union Budget for the eighth time.
Budget 2013: What is cheaper, what is costlier
While the finance minister made the tax payers slightly happy by raising the individual tax exemption limit to Rs 300,000, he made many others unhappy.
Tax sops in RGESS extended to 3 years: Chidambaram
the limit for investors wanting to invest in RGESS has been raised to Rs 12 lakh from Rs 10 lakh earlier.
Budget 2013: Fiscal deficit estimated at 5.2%
The fiscal deficit for the current financial year has been contained at 5.2 per cent of GDP, lower than 5.3 per cent as was targeted, Finance Minister P Chidambaram said.
POLL: Has the FM lived up to your expectations?
Rate the Union Budget 2013-14
Govt to set up two ports in Andhra Pradesh, West Bengal
At present there are 12 major ports in India.
PSU banks to get Rs 14,000 cr capital infusion
All public sector bank branches will have an automated teller machine by March 31, 2014.
NO change in tax slabs, super-rich to be taxed
Finance Minister unveiled the Budget proposals for 2012-13 in the Lok Sabha
Expert views: Budget raises spending
Total budget expenditure will hit Rs 16.65 trillion in the fiscal year that begins on April 1.
India's first women bank by November
Finance Minister P Chidambaram has announced setting up of a new women's bank.
Good news: Home loan exemption limit raised
Home loan exemption limit raised.
I can't help rationalising expenditure: FM
In 2013-14, the Budget estimate is Rs 16,65,297 crore (Rs 16,652.97 billion).
Chidambaram calls for tough spending choices
India must make tough spending choices, Finance Minister P. Chidambaram said on Thursday, as he unveiled one of the most highly anticipated budgets of recent years.
HIGHLIGHTS of the Budget 2013-14
Finance Minister P Chidambaram has announced several measures in the Union Budget 2013-14.
QUIZ: Which book has Chidambaram authored?
How much do you know about the finance minister?
Budget 2013: Chidambaram faces moment of truth
The 2013/14 Budget caps an intensive seven-month campaign by the energetic Chidambaram, who was appointed last August, to turn around the fortunes of Asia's third-largest economy after years of policy drift and global economic turmoil.
Just what is the Union BUDGET?
What is the Budget? Why is it so important? Why does it affect all of us? And, above all, how does one interpret the budgetary lingo flying around?
Mr Finance Minister, how do we save?
While the average CPI hovers at 10 per cent for five years now, our tax benefits are almost a decade old.
Budget a big-bang revenue-earning exercise for media
More than two decades after economic liberalisation, the government continues to play such a massive role in the economy and industry that the Budget has become a big-bang revenue-earning exercise for the media.
Super-rich tax? Redo the I-T slabs first
An equitable tax regime makes more sense than debates over whether the rich should pay more.
Meet Chidambaram's BUDGET dream team
Tough balancing act in the offing in the last budget of UPA-II.
The men who SHAPED India's economy
The Indian economy has been shaped by 22 finance ministers till date.
QUIZ: Which Indian FM served as an army officer?
So, how well do you know the Finance Ministers of India, who have contributed towards India's story? Take this quiz to know a little more about India's Finance Ministers:
What common man can EXPECT from Budget 2013
Don't expect less tax on your income. The Finance Minister can, however, delay DTC, incentivise equity investments, and give a higher tax break for home loans.
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| February 27, 2013 | | MOST POWERFUL Chinese brands in the world
Let's take a look at some of the most powerful Chinese brands in the world.
Unemployment lowest in Gujarat, highest in Kerala
Notwithstanding marginal growth in employment, there were as many as 28 million unemployed persons in the country in 2009-10.
Volvo V40: Can it outshine BMW X1, Audi Q3?
To establish itself as a top luxury player, Volvo plans to launch V40 in India by April.
Government likely to hit fiscal deficit target of 5.3%
FM's top adviser Raghuram Rajan had earlier said that the target was tough to meet.
HIGHLIGHTS of the Economic Survey
Headline WPI inflation may decline between 6.2 to 6.6 per cent in March 2013.
Eco Survey: India's economy to grow at 6.1 - 6.7%
Economic Survey which was tabled in the Parliament on Wednesday projects 6.1 to 6.7 per cent growth rate for 2013-14.
Economic Survey: What's in store for the Indian economy
The Economic Survey 2012-13, presented by the Finance Minister P Chidambaram in the Lok Sabha on Wednesday says Indian economy is likely to grow between 6.1% to 6.7% in 2013-14 as the downturn is more or less over and the economy is looking up.
Photos: World's most BEAUTIFUL railway stations
Chhatrapati Shivaji Terminus in Mumbai also finds a mention among these architectural marvels.
Tata among top 40 global brands
Cruises past Nestle, Hitachi, Tesco to be ranked 39th on BrandFinance list.
Budget 2013: More corporate gloom in CII survey
Chamber urges government to present industry-friendly and pro-investment Budget
BIGGEST listed stock exchanges in the world
Let's take a look at market capitalisation of some of the biggest listed stock exchanges in the world.
Housing prices ZOOM in these 18 cities!
Housing prices have risen in 18 major cities, including Delhi and Mumbai, by up to 9.6 per cent during October-December period 2012 compared with the previous quarter, according to National Housing Bank (NHB).
How Saurashtra is DRIVING Gujarat's agri growth
Backed by three decades of water conservation measures, semi-arid Saurashtra is driving agricultural growth in the state. Will it be able to sustain it?
Govt to put investors BEFORE voters in the Budget
If the Budget is targeted towards voters, the country ratings will be downgraded to junk status. This can trigger an economic meltdown.
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| February 26, 2013 | | Rail Budget, a burden on the common man: Opposition
The Opposition on slammed the Rail Budget for increasing the burden on the common man, with BJP terming it as "pedestrian" and "discriminatory" while Left said it does not give any hope on railways' future.
Jaguar launches XJ Ultimate @ Rs 1.88 crore
The launch is aimed at increasing its sales in India.
Rail Budget 2013: What's costlier now
Though the Railway Minister did not propose any increase in basic rail fares, the hike in reservation fees and supplementary charges will mean an increase of Rs 5 to Rs 25 in fares for all classes in superfast trains.
Railways' gift: 'Anubhuti' you won't forget
The Indian Railways has proposed to introduce a modern coach "Anubhuti" with good ambience in the premier Rajdhani and Shatabdi trains providing higher travel comfort to passengers.
IMAGES: Behind-the-scene look at Railway Budget
Let's take a look at some behind-the-scene activity before the presentation of the Railway Budget.
Fuel prices may go up as Railways hike freight rates
The rates are hikes by almost 8 per cent.
India Inc to FM: Focus on the big pic
In a survey by BS reporters across India, a majority of the 25 CEOs who responded said they expected the FM to introduce amendments to the I-T Act which would reduce litigation in tax disputes between firms and the revenue authorities.
Rail Budget practical, says Chidambaram
"The Railway Minister has presented a very responsible, practical and implementable budget," Chidambram told reporters outside Parliament.
Railway Budget is reformist and forward-looking: PM
He feels that the Budget presents a realistic picture of railway finances.
Rail freight for grains, pulses, groundnut oil up 6%
Railways' freight loading traffic has been scaled down by 100 million tonnes from 1025 million tonnes because of economic slowdown, the minster said.
Good news: 67 express, 26 passenger trains
Offering a bonanza for train travellers, Railway Minister Pawan Kumar Bansal announced that the Indian Railways will start new trains.
Indian railway to borrow Rs 151.03bn from markets
India's railway will borrow Rs 151.03 billion ($2.80 billion) from markets for the financial year 2013/2014.
No hike in passenger fares
Railway Minister Pawan Kumar Bansal did not hike passenger fares.
Amenities: How Rail Minister made your life easier
The Railway Minister has announced a slew of measures that would help to make ticket booking and travelling easier for passengers.
E-ticketing from mobile phones, SMS alerts soon!
A more efficient and people sensitive Railway Services system is being rolled out with Next Generation technology, which would make e-ticketing possible through mobile phones as also provide SMS alerts on reservation status.
Free Wi-Fi facility in select trains!
Railway Minister P K Bansal has announced that special coaches will be launched in each train with high end facilities.
HIGHLIGHTS of the Railway Budget
Union Minister for Railway Pawan Kumar Bansal presented the Railway Budget for 2013-14 on Tuesday.
Why the Railways needs a TARIFF regulator
Tariff fixation has become such a politicised exercise that the institution is losing its importance in the national transport infrastructure.
Railway stocks nosedive at the bourses
Expectations of muted expenditure on railway infrastructure and the assumption that there would be no further fare hikes may have contributed to the fall, according to analysts.
Bengal won't have much from the Rail Budget
As experts have to say, this year's Railway Budget will by no means a populist one.
Budget: Earnings DROUGHT poses challenges for Bansal
When Railway Minister Pawan Kumar Bansal presents his maiden Budget, he might not have to deal with growth worries alone.
How Railway Ministers got DERAILED over the years
As yet another Rail budget is set to be unveiled, Railways has seen several former Ministers like Suresh Kalmadi and Dinesh Trivedi getting derailed after remaining at the helm.
Who is India's RAILWAY Minister?
Pawan Kumar Bansal prefers to maintain a low profile and people who work with him say the minister is "very courteous".
Will Bansal HIKE passenger fares again?
The Railway Budget will be a tough balancing act for the minister, who needs to mobilise resources urgently to offset the burden of the recent diesel price hike.
India's 10 LONGEST railway routes
India has of the one world's largest railway networks.
How Indian Railways can be TURNED AROUND
The Confederation of Indian Industry (CII) has called for speedy implementation of key railway projects, such as the Dedicated Freight Corridor, high-speed rail corridors, rolling stock and other capacity enhancement works.
PHOTOS: India's amazing luxury trains
India's luxury trains take you on an unforgettable journey across the most scenic locales.
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| February 25, 2013 | | S&P sees GDP inching UP to 6.4% next fiscal
Standard & Poor's, which has threatened to downgrade the country's sovereign rating to junk, sees economic growth improving.
Apple gets aggressive with iPhone in India
As BlackBerry launches the first smartphone in India, the company faces new competition from a formidable rival - Apple.
First BlackBerry 10 device in India COSTS Rs 43,490
The touch-screen BlackBerry Z10 phone, which goes on sale in India from Tuesday, will compete with iPhones and Galaxy series phones.
Maruti working on NEW A-Star that will deliver 33kmpl
Suzuki is developing an 'ECO' variant of the next generation A-Star to provide an amazing fuel economy of 33 kmpl.
Dear FM: Here's what makes taxpayers' life difficult
It's not just the archaic tax laws but the anomalies that make the taxpayer's life difficult.
North Bangalore turns into residential HOTSPOT
In Bangalore, the best performing areas in 2012 were Hebbal, Sahakar Nagar and R T Nagar in north Bangalore. These locations saw the highest demand and appreciation during the year.
Amazing PHOTOS of Google's office in Switzerland
Let's take a look at Google's beautiful office in Zurich, Switzerland.
Medical concierge to your rescue
Contacts for medical services, appointments with doctors, sending a nurse, an ambulance all covered.
Countries that pay the HIGHEST average salaries
Let's take a look at some countries that pay highest average salaries.
India's 10 most INNOVATIVE companies
Mahindra Reva tops the Fast Company rankings of India's most innovative companies.
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| February 22, 2013 | | Azim Premji: Following his mother's footsteps
In addition to committing $2 billion to his own foundation, the Azim Premji Foundation, the billionaire has become the first Indian to sign up for the Giving Pledge run by Warren Buffet and Bill Gates.
Countries need to focus on growth now, austerity next
The latest G20 communique prescribes falling back on fiscal policy to hasten the global economic recovery.
Tribal dreams, Budget realities
Spending on welfare schemes has burgeoned, but to little effect.
Why Messrs Hollande and Cameron WOOING India
Everyone's rooting for India to develop itself as a credible, counterbalance to China in Asia, where the future of global growth lies.
VoIP: The new controversy in telecom sector
Telecom players have started protesting against government's move to allow Voice over Internet Protocol. They say Reliance will be the biggest beneficiary.
How Long Beach stopped sinking, continues oil drilling
Parts of the city have sunk by as much as 29 feet from their original level because of subsidence caused by extraction of billions of barrels of oil.
Rolls-Royce to launch EXCLUSIVE cars for India
The customised version could be of Phantom and Ghost series and will be available in limited numbers.
Sebi cautions public against dealings with Sahara
On February 13, Sebi passed two separate orders, together running into 160 pages, directing attachment of properties and freezing of accounts.
Not a taxing Budget this one?
Headline excise and service tax rates might not change but select sectors could get tax sops and tax holidays.
Phaneesh Murthy to SHAKE up IT industry billing model
It will charge for results instead of basing fees on the time and labour.
A 'divine' timepiece for Rs 27 lakh
It has an image of Lord Venkateshwara carved in enamel and its manufacturers say it would make time-tracking a divine experience.To own this luxury watch, you have to pay Rs 27 lakh.
BIGGEST selling electronic devices in the world
Let's take a look at some of the biggest selling electronic devices in the world.
Bangalore firm on MIT's list of 50 innovative companies
Bangalore based mobile advertising company InMobi has made it to MIT Technology Review's 50 Disruptive Companies of 2013.
IMAGES: Warren Buffett's 15 biggest stock holdings
In 2012, American magazine Time named Buffett one of the most influential people in the world.
Why FM should NOT hand out goodies to middle class
If you take a 15-year period, the tax rates have increased at a higher rate than inflation.
Maruti planning these TWO beautiful SUVs soon
Taking a cue from success of Mahindra and Renault sports utility vehicles, Maruti Suzuki plans to launch two compact SUVs.
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| February 21, 2013 | | Terrible Thursday: Rs 1.1 trillion LOST in stocks
In a bad day for investors, Indian stocks on Thursday plunged to this year's lowest levels, wiping out over Rs 1.1 lakh crore wealth, while gold prices tanked to a seven-month low in a knee-jerk reaction to global sell-off.
CFOs upbeat about economy, worried over inflation
Chief financial officers in the country are cautiously optimistic about the future and are neutral about their companies' performance in the short term, said the Deloitte India CFO Survey 2013.
PROFILE: The third partner in AirAsia-Tata airline JV
Air Asia is partnering with Tata Sons and little known Arun Bhatia for their India entry.
Budget: India Inc expects tax for super-rich
While 83 per cent of respondents do not expect major changes in the corporate taxation rates, they expect increase on the limits of tax savings investments especially linked to housing loan and principal repayments, the survey says.
8.2% Indian Americans live below POVERTY line
The national poverty rate is 14.7 percent.
Pre-budget bonanza: 100 new trains soon!
As far as rolling stock programme is concerned, the announcement will be made for manufacturing of 4200 new coaches including 600 LHB coaches in the Rail Budget.
Connaught Place among world's COSTLIEST office locations
Despite the global slowdown, most prime office locations have registered a rise in the rental.
Gold prices slip to under Rs 30K
Spot gold on Saturday slipped below the Rs 30,000 per 10 gram level, for the first time since August 17 last year, to close at Rs 29,890 -- down Rs 200 from Wednesday's close -- mainly on weakness in underlying fundamentals.
Global auto market share: WINNERS and LOSERS
Of the top 10 companies expected to gain market share in future, only two Volkswagen and BMW come from Western nations.
How PRODUCTIVE are workers in India and world?
Let's take a look at how productive workers are in India and around the world.
These sectors will offer the HIGHEST salary hikes!
Reflecting the growth expectations of 5 per cent, India Inc has projected an average salary increase of 10.3 per cent for 2013, says the Aon Hewitt Annual Salary Increase Survey.
Who's offering the CHEAPEST air tickets in India?
The war over air fares intensified with all Indian airlines competing with each other to offer low ticket prices, as Air India also jumped into the fray.
Strike LOSSES may mount to Rs 26,000 crore
Industry body Assocham on Wednesday expressed the fears that the loss to GDP due to the strike by central trade unions could be about Rs 26,000 crore (Rs 260 billion), higher than its initial estimate of Rs 15,000-20,000 crore.
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| February 20, 2013 | | COLUMN: Mind the expenditure cut
The United Progressive Alliance government will present its 10th Budget next week.
IMAGES: Diamonds' journey from sweat to smiles
A look at the life of diamonds, from their rough beginnings in the mines to their polished finish in jewelry stores.
TAX amendments EXPECTED in Union Budget 2013
Here are handful of the number of amendments expected and predicted by analysts in the Union Budget for 2013-2014.
Top 10 H-1B visa cos outsource jobs overseas
Congress should pass laws that create US jobs, not destroy them," said Marc Apter, president of the Institute of Electrical and Electronics Engineers-USA.
Dreamliner woes: Boeing's cash drain worries grow
It is a similar story several thousand miles away, outside the company's North Charleston, South Carolina final assembly building, where space is taken up by four 787s destined for Air India.
Mukesh Ambani's telecom gamble
Will Mukesh Ambani disrupt the telecom market by offering consumers voice calls at rock-bottom tariff?
IndiGo, GoAir follow Jet; DROP airfares
Round-II of fare war starts with Jet Airways announcing cheaper fares.
Images: These are the MOST EXPENSIVE cars in India
These are the most sought-after models with eight-figure price tags.
COLUMN: How India can alleviate poverty?
There are a number of problems that plague the implementation of MGNREGA, including corruption, administrative paralysis and other hardy perennials. Massive amounts of funds on this scheme remained unspent in 2010-11 and 2011-12.
IMAGES: Mercedes launches G63 AMG at Rs 1.4 crore
Mercedes-Benz G63 AMG made its India debut in a glitzy event in Mumbai on Tuesday.
Bihar clocks highest growth rate of 11.95%
In the face of sluggish domestic demand and global economic slowdown, Bihar has recorded a staggering growth rate of 11.95 per cent rate annually at constant prices during 11th Five Year Plan, the highest among states.
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| February 16, 2013 | | 2013-14 Union Budget to be MOST austere in years
Finance Minister plans to cut the public spending target for fiscal 2013-14 by up to 10 per cent from this year's original target, as he wants to avert a sovereign credit downgrade. Can he balance political and economic demands?
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| February 14, 2013 | | American-US Airways to form world's LARGEST airline
The boards of AMR Corp and US Airways Group Inc each met on Wednesday to approve a merger that would create the world's largest airline with an expected market value of around $11 billion, people familiar with the matter said.
No date for Valentine's Day? New apps may help
Singles who believe in love at first sight can turn to new apps that will match them with potential dates in time for Valentine's Day.
IMAGES: BMW X1 facelift launched at Rs 27.9 lakh
The new BMW X1 has many visible changes including a new front and rear bumper, new door mirrors and redesigned tail lights on the exterior. In the interior, it has a redesigned console and silver finish on steering wheels.
Infy gets nod for listing ADS on NYSE Euronext Paris
Infosys has also applied for admission to listing and trading on NYSE Euronext London.
Global gold demand FALLS for first time in 3 yrs
While gold consumption is expected to stabilise this year, it may be some time before it revisits record levels seen in the depths of the financial crisis.
25 RICHEST Indians in the Gulf
The Gulf Cooperation Council (GCC) countries have 10 Indian billionaires.
REFORMS: Biz sentiments improved but nothing changed
The reforms in September improved business sentiment but as economy slows firms are restraining from fresh investments.
Flight of TRUST: Kingfisher crashes to ground zero
From a valuation of Rs 2,500 crore (Rs 25 billion) two years ago, the brand on Wednesday has come to nought.
Diesel prices will rise but not in concert
Next phase of rise will unlikely be a combined exercise from the three oil marketing companies.
Why Wipro will soon be demerged from NSE
In November last year, the Wipro board had approved the demerger of the non-IT businesses -- Wipro Consumer Care & Lighting (including furniture business), Wipro Infrastructure Engineering (hydraulics and water businesses) and Medical Diagnostic Product & Services business -- into a privately- held company to be named 'Wipro Enterprises Ltd'.
Is Apple making a smart WATCH?
Apple Inc is experimenting with the design of a device similar to a wristwatch that would operate on the same platform as the iPhone and would be made with curved glass, according to the New York Times.
How FAST can you become a MILLIONAIRE? Find out
Let's take a look and find out how long it takes to become a millionaire.
10 most EXPENSIVE STOCKS in the world
Let's take a look at some of the most expensive stocks in the world.
Mobile phone sales: The TOPPERS!
Mobile phone sales across the world fell to 1.75 billion units in 2012, a 1.7 per cent decline from 2011 sales, according to Gartner, Inc.
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| February 13, 2013 | | Petrol, diesel prices may be HIKED this week
State-owned oil firms are losing Rs 1.32 a litre on petrol as international oil rates have firmed up during the last two weeks.
Why salaried class wants more IT exemption
The survey was conducted in major places like Delhi-NCR, Mumbai, Kolkata, Chennai, Bengaluru, Ahmedabad, Hyderabad, Pune, Chandigarh and Dehradun on 'Budget 2013: Common man's expectations from the FM', the industry body said.
COLUMN: Do more with less GDP
The slide in India's growth rate over the last five quarters, with the figure for the current year (2012-13) now projected to touch a 10-year low of five per cent, has thrown those who used the gross domestic product benchmark in the past to claim exceptional performance into a tizzy.
Images: World's 30 HIGHEST railway bridges
India will have the highest railway bridge in the world by 2016, over the river Chenab.
Why Nasscom needs a new programme
New kinds of businesses and evolving customer expectations urgently demand a re-appraisal of its focus and agenda.
Auto Awards: The BEST cars of 2012
Best cars selected by enthusiasts and owners across 10 different categories.
Ten things about BlackBerry 10
First impressions of the OS on the smartphone have been positive, with many calling it a 'fully-finished' device at launch.
World's TOP Internet domains hosting VIRUS!
Let's take a look at world's top Internet domains hosting malware.
Mr FM, you can help seniors live with dignity
What senior citizens expect from budget.
Can Godrej group achieve its ambitious growth targets?
The group is selling off unprofitable businesses and narrowing its focus to raise revenue ten fold by 2021.
25 COMPANIES that offer BEST pay
Let's take a look at 25 companies in the United States that pay one of the highest salaries and know how to keep their employees happy.
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| February 12, 2013 | | Honda Cars launches new CR-V at Rs 19.95 lakh
Honda Cars India Ltd on Tuesday launched an all new version of its sports utility vehicle CR-V which will be cheaper by up to Rs 270,000 from previous model as the company looks to strengthen foot hold in the Indian market.
Beyond Tech launches Phablet PII priced at Rs 14,999
The phone comes with a screen size of 5.7 inches and has a 5-point multi-touch capacitive screen with 1280x720 HD IPS display.
Photos: Why India's BIGGEST FDI project is in limbo
Let's take a look at the protests against the Posco steel plant in Orissa.
Vegetable, edible oil prices drive inflation to 10.79%
It was 10.56 per cent in December.
CarZ: How it changed rules of auto servicing business
Founded in 2008, car servicing company Carz, which has recorded annual revenue growth of 200 per cent, plans to optimise its resources.
Airlines that CHARGE HIGHEST fees in the sky
Let's take a look at airlines that charge highest fees in the sky.
India's economic recovery hopes dashed as IIP shrinks
India's industrial output contracted by 0.6 per cent in December, 2012 compared to a growth of 2.7 per cent in same month a year ago.
It's always a PERFECT time for an ice cream in India
Let's take a look at people, and even animals, enjoying the ever-delicious ice cream.
15 quotes REVEAL Mark Zuckerberg's amazing STORY!
Let's take a look at 15 quotes that define Mark Zuckerberg's life and business.
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| February 11, 2013 | | How India is exporting its corruption to other nations
Like China, Indian companies are adopting ruthless and corrupt practises while doing business in developing nations.
IMAGES: This mall gets more tourists than NY, LA
Dubai Mall, one of the world's largest shopping arcades, had a total footfall of 65 million visitors last year, a figure more than the number of tourists visiting cities like New York and Los Angeles, annually.
Why your city is unable to build metro rail like Delhi's
How did Delhi Metro get it right and why haven't other Indian cities been able to replicate the Delhi model?
Mr FM, A little focus on education can go a long way
What students expect from the Budget.
PHOTOS: This is how most people in India TRAVEL!
While some of the journeys are memorable for fun and adventure, others highlight the pathetic transport infrastructure which fails to offer a comfortable ride to daily commuters.
Some STUNNING facts about China's RISE to power
Let's take a look at China's massive productive activities.
You CAN'T enter these buildings for FREE!
Let's take a look at how much fees some of the tallest buildings charge.
IMAGES: World's 30 busiest airports
The world's busiest airports by passenger traffic are measured by total passengers, defined as passengers enplaned and passengers deplaned plus direct-transit passengers.
How India and the world's major economies will perform
Let's take a look at how India and world's major economies will perform in the next four years.
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| February 08, 2013 | | Why auto companies are giving up on electric cars
Recent moves by Japan's two largest automakers suggest that the electric cars still are not ready for prime time - and may never be.
New Honda CR-V will be LAUNCHED on Feb 12
The potential for a petrol only, 5-seater, not-so-true off-roader is still a huge question mark.
Facebook has about 50 mn duplicate user accounts
ocial networking site Facebook has said it is having approximately 50 million duplicate accounts besides 22 million of misclassified and undesirable accounts.
Dogfights over fares: Flying gets cheaper in India!
Faced with falling market share, full service airlines are slashing ticket costs to compete with low-cost carriers.
Boeing permitted to conduct flight tests of Dreamliner
The US Federal Aviation Authority (FAA) has allowed Boeing to carry out flight tests of its 787 Dreamliner in order to help it check its troubled electrical system and batteries which is suspected to be the root cause of battery fire in one of its planes last month.
Why govt lets MNCs sell insulin at a higher price
The drug regulator recently asked some domestic companies to cut prices of insulin while MNCs, which are major players, are allowed to set their own price for the drug.
20 websites that get MOST unique visitors!
Let's take a look and find out which websites in the world see the most unique visitors.
Risky rides on overloaded vehicles, but they don't care!
Transporting people and goods is a big challenge in most countries around the world.
Amazing IMAGES of divisible gold bars in Switzerland
Let's take a look at divisible gold bars at a refiner and bar manufacturer in Swiss town of Balerna.
UPA's MISMANAGEMENT of the economy laid bare
India's problem cannot be blamed on external considerations alone.
FACTFILE: How smartphones have GROWN over the years
Let's take a look at the projected growth of the smartphone usage around the world.
MULTI-MILLION retirement packages of CEOs
Let's take a look at some huge retirement packages of CEOs.
Where does India RANK in renewable energy?
About $400 billion of investment may be required in the Indian power sector in the next five years to provide improved grid infrastructure.
India's per capita income RISES to Rs 5,729 per month
India's per capita income, a gauge for measuring living standard, is estimated to have gone up 11.7 per cent to Rs 5,729 per month in 2012-13 at currentprices, compared with Rs 5,130 in the previous fiscal.
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| February 07, 2013 | | All that you wanted to know about HRA
A look at different scenarios in which you can and cannot claim HRA.
IMAGES: Beers that have lost the fizz and market
Let's take a look at some beers that are struggling to retain customers.
Filing returns can save you from future I-T trouble
You need to file returns if your income is not taxable.
Starbucks' NEW outlet in Delhi
Starbucks opened its 7th store in India at New Delhi's Connaught Place.
India's GDP growth to fall to 5%, lowest in a decade
India's economic growth rate this fiscal is estimated to be sharply lower at 5 per cent, lowest in a decade, on account of poor performance of manufacturing, agriculture and services sector.
Apple, Lenovo plan cheaper smartphones for India
Want to take on Samsung and Nokia in India.
12 MILESTONES in Internet's journey
Let's take a look at some of the path-breaking milestones in the Internet's journey.
Amazing IMAGES of Google's new office in Israel
Let's take a look at Google's new beautiful office in Tel Aviv, Israel.
Why BlackBerry may NOT succeed in India
Experts feel that BlackBerry's efforts are too little and too late for India, which is a price sensitive market.
How Sahara Group ACQUIRED London's Grosvenor House
Even as Sebi probed, OFCD money moved across the globe, Aamby Valley (Mauritius) at centre of global transactions; All transactions legal, no Sebi bar on doing business: Sahara
Audi to launch S6 by May; refreshed RS5 to follow
Audi has already launched the facelifted Q5 and the 2013 Audi R8 this year. To take on BMW, it is planning two more exciting launches this year.
Images: 10 FASTEST cars in India
These are the rides that are blessed with a personality that can outshine all others.
In Pix: 18 BOUNCIEST stock markets in the world
Here we take a look at 18 bounciest stock markets in the world, including India.
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| February 01, 2013 | | RBI to introduce gold-linked products to cut imports
The central bank wants to bring 20,000 tonnes of gold held in households into the banking system.
Nissan to launch automatic variant of Micra, Sunny
As part of its plans to have a 10 per cent share in the domestic automobile market, Japanese auto giant Nissan said it would introduce an automatic transmission variant of its flagship hatchback 'Micra' and mid-sedan 'Sunny' soon in India.
IMAGES: This $1m SUV has ostrich leather and diamonds
Let's take a closer look at this $1 million SUV.
Can new CEO guide Airtel through its existential crisis?
Telecom as a market is heading towards saturation and Airtel, the industry leader, is strongly impacted. The company needs to do nothing short of re-inventing itself if it wants to keep its earlier growth momentum going.
India among TOP countries in number of BILLIONAIRES
Let's take a look at some of the countries that have the most billionaires in the world.
High court orders Dunlop liquidation
The high court in Kolkata has ordered winding up of the Pawan Ruia group's tyre maker, Dunlop India, directing the official liquidator to take possession of all the company's assets and books of records.
Amazing IMAGES of Facebook's new headquarters
Let's take a look at new headquarters of Facebook in California, United States.
IMAGES: Maruti's Jan sales down 1%, Hyundai's up 4%
The company had sold 115,433 units in the corresponding month last year, MSI said in a statement.
Lenovo bets big on India, aims to take on Samsung
The company, which sells more phones than Samsung in China, aims to sell 1 million smartphones in India next financial year.
Images of WEIRDEST currencies used in the world
Let's take a look at some of the weird currencies.
Realty, a SAFE bet for politicians to park black money
Advances to firms for deals that never go through are the best way to convert this into legal cash.
India, not China, will be electronics hub: Sibal
Manufacturing market in India is huge, said Kapil Sibal in California.
Legal battle brews after Taj Mumbai gets eviction notice
After New Delhi's Taj Mansingh and Taj Palace hotels, lease renewal of Indian Hotels Company's Mumbai property, the most iconic, is facing trouble.
These are the most SECRETIVE tax havens in the world
Let's take a look at some of the most secretive tax havens in the world.
Sneak preview: How good is the all new Sail sedan?
Though Sail leaves it predecessor Aveo far behind, does it match up to the competition? Here's first look at the just launched Sail and its four competitors.
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| January 29, 2013 | | Does the market like dirty money more?
In 2012, partly due to stringent disclosures, P-note custody inched up from Rs 1.51 lakh crore (Rs 1.51 trillion) to Rs 1.77 lakh crore (Rs 1.77 trillion), an increase of 17 per cent.
RBI rate cut: What India Inc has to say
India Inc's reactions to the RBI rate cut.
Rate cut: How it affects your LOANS and DEPOSITS
The new effective repo rate for the third quarter is now fixed at 7.25 per cent while CRR rate has revised to 4 per cent.
Firms go beyond patent cliff for growth
In the last one month, Indian pharmaceutical company Lupin has won US Food and Drug Administration nod for three of its contraceptive pills, and has at least nine approvals pending with the regulator.
Stunning PHOTOS of Kolkata airport's NEW terminal
On January 20, President Pranab Mukherjee inaugurated the new integrated terminal at Kolkata's Netaji Subhas Chandra Bose International Airport.
COLUMN: Win-win deal in sustainable energy
Sustainable Energy Bond programmes is an approach that comes with a business model that satisfies all stakeholders on the good old fashioned single bottom line of money - while also offering social and environmental benefits, writes .
PIX: These were the world's most POPULAR brands in 2012
Let's take a look at most well-liked consumer brands of 2012.
RBI cuts rates: Housing, auto loans to be cheaper
In its Third Quarter Review of Monetary Policy 2012-13, the Reserve Bank of India has reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 8.0 per cent to 7.75 per cent with immediate effect.
In Pix: These 27 trains are the FASTEST in the world
Let's take a look at some of the fastest trains in the world.
25 cars fetch JAW-DROPPING prices at auction
Let's take a look at 25 cars that have been sold for jaw-dropping prices at an auction.
Why investing in commodities is still the SAFEST best
Let's take a look at some commodities and see how they are expected to perform in the next two years.
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| January 28, 2013 | | Volkswagen hikes prices of Polo, Vento by up to 2.27%
Post the increase in rates, the Polo will now be cost between Rs 492,000 and Rs 7,08,000, while the Vento will be priced at Rs 732,000-996,000 (ex-showroom, Delhi).
Rich tax: Is it justified?
If you earn Rs 12-15 lakh a year, you could attract additional taxes. Should you worry?
FM's roadshow: Hints at new taxes in upcoming Budget
The various statements attributed to Chidambaram during his meetings with investors in Hong Kong and Singapore reveal a lot about the broad trend of ideas that would influence his next Budget.
Tablets touched by Windows 8
With no sign of Microsoft Surface yet, here are three devices for work and play.
Toyota wins back world's top auto sales crown from GM
Toyota Motor Corp regained the crown as the world's top selling automaker in 2012, posting record-high sales and beating rivals General Motors and Volkswagen.
IMAGES: Most expensive stamps ever sold at auctions
Let's take a look at some of the most expensive stamps ever sold in auctions.
Sedan war: Renault Scala AT vs. its 4 closest RIVALS
The newly launched automatic version of the successful sedan has an attractive price point and offers a fuel efficiency of 17.97 kmpl. Here is how it stacks up against its four competitors from Honda, Hyundai, Volkswagen and Skoda.
Special: Has UPA KILLED the India growth story?
India growth story has been deeply hurt by a suffocating bureaucracy and a workforce, which is 'unskilled'.
How you can SAVE TAX by investing in MFs
This is an equity diversified fund and investors enjoy both the benefits of capital appreciation, as well as tax benefits.
Photos: India's 17 SPECTACULAR airports
Riding high on the aviation boom, India has built 17 international airports.
India's HIGHEST selling cars in 2012
Maruti Alto continues to be India's most preferred car with 2.87 new owners in 2012.
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| January 25, 2013 | | SPECIAL: So, what's with the yen?
The yen is its own animal, with unique behaviour patterns, reflecting the uniquely magical nature of Japan.
GAAR: Here's what you need to know
A look at a few important questions on GAAR and their answers.
Boeing 787 Dreamliner: What caused the fire?
An investigation into the battery of Boeing 787 Dreamliner that caused a fire in Boston early this month, showed signs of thermal runway and short-circuiting, US government investigators said.
FUTURE CARS: A look at Hyundai's concepts
Fascinating cars the Korean auto giant is working on. These have technologies such as eye-tracking, gesture-based control and self-healing paint.
Why RBI will cut rate
The central bank has clearly signalled the conditions under which monetary easing would take place early this quarter. And, current conditions meets the RBI's paramters
Why entrepreneurs will struggle to make it big in India
India's inability to set up new projects means older, inefficient companies reap windfall profits while new businesses will struggle.
IMAGES: Forget supercars! This hypercar costs $3.4m
take a look at one car that is set to hit the market with well over a million dollar tag.
IMAGES: India's top 25 hotels
TripAdvisor has announced the winners of its 2013 Travellers Choice awards for hotels. In their 4th year in India, the awards have identified the 104 most outstanding properties across the country.
IMAGES: Most expensive coins ever sold in the market
Let's take a look at some of the most expensive coins ever sold.
SPECIAL: Why is gold a bit anti-India?
Roughly, 700 tonnes or about 33 per cent of the total gold mined in the world is consumed in India.
IMAGES: The stunning new Bentley Mulsanne gets better!
When Bentley go about making a car, it goes without saying that the word 'luxury' is taken care of.
A look at how tech moguls SPEND their WEALTH
Let's take a look at how tech tycoons are indulging in their favourite hobbies.
Public funds made these BIG projects SUCCESSFUL!
Let's take a look at some of the most successful crowdfunded projects on Kickstarter in 2012.
New Lamborghini Aventador @ Rs 4.7 crore
The launch of Aventador Roadster is a perfect beginning to this year in India.
Human condition is better than before: Gates
Gates was referring to the impact of the United Nation's Millennium Development Goals, especially about the goal to reduce child mortality.
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| January 24, 2013 | | SPECIAL: Speeding up Dhaka
In a city where 45,000 people on average live on every square kilometre of space, making it one of the world's most congested, and it often takes two to three hours to negotiate a 20 km distance, even a railway overpass counts as a big urban milestone.
World's 30 BIGGEST banks
In the list of world's 50 biggest banks for 2012, China has six banks in top 50-the largest group from any single country, according to Global Finance.
Auto cos look for the NEXT blockbuster as sales fall
Despite launching new cars and tweaking the existing ones, carmakers witnessed lower sales in 2012. Three of them have got their act together and planning to launch the machines that have potential to be the best car on the road.
2 Indian airlines among the world's most DANGEROUS
Let's take a look at 30 of the most dangerous airlines, including two from India, in the world.
Why online ticketing portals are struggling
Travel portals are losing serious business, as customers book tickets with the airlines directly. To survive the trend, travels portals are reworking their business strategy.
Global growth: Nations that LEAD the race
China and India are still at the top among the fastest growing economies in the world.
VOTE! Should government tax the rich MORE?
Government is mulling higher taxes for the rich to help it fund welfare programmes and bring down fiscal deficit. Do you think it is a right thing to do?
Home loan: Better chances for women borrowers
A younger co-borrower may help you get a longer tenure loan, while income of a non-taxpayer co-borrower can be shown as savings to get a bigger loan. Women are seen as more responsible when it comes to repaying loans.
Why stock markets are gaining while economies struggle
Changes in the economic environment have altered the dynamics of stock markets. In the recent past, they have started defying investment fundamentals.
Taxing 'very rich' should be considered: FM
P Chidambaram said tax rates that were announced in 1997 (in the Budget he had presented then), have remained and have survived four governments and four finance ministers.
How SpiceJet plans to reverse its FORTUNE
To turnaround, the airline bets on heavily-discounted tickets and new overseas routes.
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| January 23, 2013 | | India 4th LARGEST in steel output
There was no change in the top three steel producing nations with China, Japan and the US retaining their slots in the respective order in 2012, World Steel Association data revealed.
Rolls-Royce: 400 workers may lose jobs
According to the Unite union, Rolls-Royce sent an internal memo to its staff to detail its proposals.
Rajat Gupta seeks new trial, reversal of conviction
India-born former Goldman Sachs director Rajat Gupta has asked a US court for a new trial to reverse his conviction on insider trading charges, arguing that the district judge had committed "serious evidentiary errors" that tipped the scales decisively in the case.
Road ahead isn't that bumpy thanks to Chidambaram
It is not just a mere coincidence that the change in the government's response happened when Chidambaram took charge.
Why real estate firms should NOT get sops they asked
Real estate companies have asked the government to give them infrastructure status that will enable them to access cheaper money raising options. Does the speculative sector deserve this?
Indian CEOs most optimistic in world
The CEOs of Indian companies have emerged as the most optimistic lot in the world when it comes to expectations for improvement in global economy this year and revenue prospects of their own businesses in the longer term.
PICS: Faster, more gorgeous newly launched Audi R8
The electrifying super sports car, Audi R8, from the stable of the legendary German auto-giant, Audi AG, is finally out in a fresh avatar.
Column: Is the MODI miracle overrated?
On an important governance measure, there is a Nitish Kumar effect, a Naveen Patnaik effect, but no Modi effect.
Soon, option to pay home loan EMIs for 30 years
RBI committee nudges banks for long-term fixed loan product.
Here's the next BEST thing in the supercar world
Ferrari and McLaren take battle off the track with their new super cars.
15 economies that will RULE the world by 2050
Let's take a look at some of the economic powerhouses by 2050.
7 factors that will DECIDE price of GOLD this year
Let's take a look at the arguments that will decide the price of gold this year.
IMAGES: 30 most reliable car companies in the world
Let's take a look at some car companies and see how reliable their models are.
ILLICIT financial outflows: India ranked at No. 8
The developing world lost $859 billion in illicit outflows in 2010, an increase of 11% over 2009, according to Global Financial Integrity.
Samsung launches NEW Galaxy Grand at Rs 21,500
South Korean mobile handset maker Samsung on Tuesday launched its latest offering from its popular Galaxy stable, under the Galaxy Grand label, with dual-SIM, priced at Rs 21,500.
Transaction fee on air passengers? No, says SC
"The transaction fee shall not be collected from any passenger in any form or under any other name," a bench of justices D K Jain and Madan B Lokur said.
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| January 22, 2013 | | Smartphones will rule over handsets market in 2013
By 2018, smartphones will account for 69 per cent of all handset shipments.
Exit from highway project signals new GMR strategy
The company also needs to get its power plants going if it wants to reduce its debt burden.
'India likely to be water-stressed soon'
Planning Commission Member K Kasturirangan, who is also former Chairman of Indian Space Research Organisation, said the country should address the question of water recycling, desalination, hydrological mapping and optimisation of water usage.
COLUMN: All about India's firmer eastward gaze
Leveraging Indo-Asean trade talks means a stronger Look East policy.
Fuel cost is artificially high: SpiceJet CEO
Neil Mills, chief executive, spoke to Business Standard on its strategy and the unprecedented scheme of selling a million tickets at a base price of Rs 1.
Why dual pricing of diesel will CAUSE problems
The current complex pricing of diesel will give rise to bribery and law-breaking.
Why corporate earnings are not as ROSY as it seems
After several tumultuous quarters, corporate India's earnings are turning positive. The ongoing earnings season has started rather well, with even laggards beating most estimates. Dig deeper and you will realise that the recovery is not real.
Audi drives in the STUNNING R8 at Rs 1.35 cr
Luxury car maker Audi has launched a new version of super sports car R8 in India, priced between Rs 1.35 crore and Rs 1.74 crore (ex-showroom, Delhi).
IMAGES: 10 most beautiful currencies of the world
In this slide show, we present a brief history of the currency of India as well as 10 most beautiful currencies of the world.
Motown rocks! These 8 COOL cars may soon be in India
The ongoing Detroit Motor Show has plenty of interesting cars this time round
Initial wage negotiations at Hero inconclusive
The initial wage negotiations between workers and management of two-wheeler major Hero MotoCorp's Gurgaon plant remained inconclusive on Monday and the matter has now been referred to Haryana Deputy Labour Commissioner for further deliberations.
Narendra Modi on what makes Gujarat an economic hotspot
Despite the global slowdown, our growth rates in Gujarat have not been impacted very adversely, says Narendra Modi.
What you must do to SAVE taxes
Before jumping to meet the investment target, check if you really need to.
IMAGES: Super Car Show 2013 all set to take off
Hannu Mikkola will be present as the guest of honour at the Parx Super Car Show 2013.
Chidambaram kicks off his campaign to woo investment
Chidambaram was also hopeful that fiscal deficit will be contained within the targeted 5.3 per cent of the GDP this fiscal and trimmed to 4.8 per cent in the next.
Sergey Brin spotted testing new Google glasses
Straphanger Noah Zerkin spotted Brin riding a downtown train on Sunday evening, holding a plastic bag and sporting a winter hat.
Sony unveils thinnest and lightest Xperia Tablet Z
The tablet is complete with an array of impressive specs and running a modified version of Android 4.1.2 Jelly Bean.
Govt willing to support Kingfisher revival plan
Kingfisher Chief Executive Sanjay Aggarwal met officials at the ministry of civil aviation to discuss the revival plan, which was earlier rejected by the regulator.
Small traders should not be affected by FDI: SC
A bench headed by Justice R M Lodha asked the Centre to file its response within three weeks.
IMAGES: America's first ever Lego Hotel
America's first ever Lego Hotel currently being built at Legoland in Carlsbad, California.
'Every transformation in India has come amidst crises'
It is not as if the political class is unaware of the magnitude of the issues India faces. The disconnect is in the politician's belief that it is enough to manage the outrage to get re-elected, that electoral sops rather than long-term solutions is the road to sustain power, says Shankkar Aiyar, author of Accidental India: A History of the Nation's Passage through Crisis and Change.
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| January 21, 2013 | | Gold may become COSTLIER by Rs 700 per 10 gm
Gold prices are likely to rise by up to Rs 700 per 10 gram in the short term with tapered demand following the government decision to hike import duty on the precious metal, according to jewellers and analysts.
Govt hikes import duty on gold, platinum to 6%
Gold imports in 2011-12 amounted to $56.5 billion and in the current financial year, till December, they are estimated at $38 billion.
JLR to assemble 2nd model in India
The variant, which will be the second JLR model in India, with a 2.2 litre diesel engine will be introduced in India for the first time at an entry price of Rs 44.5 lakh or Rs 4.45 million (ex-showroom, Mumbai) and will be assembled at Tata Motors' Pune facility.
Spicejet bounces back; posts Rs 102 cr profit
The Chennai-based airline promoted by Kalanithi Maran had reported a net loss of Rs 39.26 crore (Rs 392.6 million) in the same period the prior year.
Catamaran fishing in uncharted waters
Launched as a raw fish supplier, the company is now planning to set up organised centres to sell both raw and cooked fish.
Lamborghini global sales jump 30%; India up 21%
During the year, the Asia Pacific region contributed 35 per cent of the global total sales.
Watch out Porsche, Ferrari; Corvette is BACK!
On 60 anniversary of 'America's sports car' Corvette, we look at the past and the future of this iconic machine.
A peek into secretive world of Kalanithi Maran
Kalanithi had started Sun TV in 1993 with a team of 25, many of whom were his friends from college. In 2012, Forbes estimated his wealth at $2.8 billion. Was it all business acumen behind meteoric his rise? Find out
Dreamliner probe widens, excess battery voltage ruled out
Last week, governments across the world grounded the Dreamliner while Boeing halted deliveries after a problem with a lithium-ion battery on a second 787 plane, flown by All Nippon Airways Co, forced the aircraft to make an emergency landing in western Japan.
Life after Hotmail: How SUCCESSFUL is Sabeer Bhatia?
Sabeer Bhatia may not have hit bull's eye with his recent ventures, but he loves the challenge of setting up new businesses.
Truths investors won't tell FM on his Singapore trip
India needs administrative reforms that make it easy for investors to do business in the country. Currently, it is more difficult to do business in India than in Rwanda, Pakistan, Nepal, Kenya, Nigeria and Bangladesh.
World's top 20 economic SUPERPOWERS
The world economy is projected to grow at an average rate of just over 3% per annum from 2011 to 2050, doubling in size by 2032.
How diesel price HIKE will ADD to inflation
However, the American brokerage said it continues to expect the Reserve Bank to cut policy rates by 25 bps on January 29.
Post Budget, prices of diesel SUVs may go up
Move to be aimed at reducing subsidies on the fuel.
Crisis: Diamond dream SHATTERS in Surat
One thousand and five hundred diamond polishing units of Surat had got together to challenge the monopoly of multinationals by sourcing rough diamonds straight from miners.
Tata Consultancy Services set to OVERTAKE Infosys
Tata Consultancy Services, India's number one information technology services company, could overtake Infosys to become the most profitable one for the first time on a full-year basis in 2012-13.
Q3 results season starts with a BANG!
The aggregate numbers suggest an improvement in the operational performance of these companies.
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| January 18, 2013 | | What petrol, diesel, LPG will cost in 4 metros
The government has partially deregulated diesel price allowing a hike of 40-50 paise a litre per month for retail customers and nearly Rs 11 for bulk consumers, a step that is feared will have a cascading effect on inflation.
Why diesel price hike is good for India
India's move to raise the price of subsidised diesel should help with its plans to sell shares in state companies, including Oil India Ltd, to help bridge the government's fiscal deficit and gives a boost to private oil refiners looking to enter the market for bulk diesel sales.
Are foreign automakers beating Indian on their turf?
India is expected to grow at a fast clip for many more years to come. So, every automobile maker worth its ignition key wants a piece of the action.
How Sistema plans to strike it big in India
The company hopes to sell devices that keep track of everything from buses, terrorists to loved ones.
Are Indian CEOs OVERPAID?
PM raised the CEO salary issue couple of years back. RBI and Sebi, too, flagged it recently. Are companies really paying their CEOs more than their counterparts elsewhere?
Taj's lease woes continue: Now, Palace fate uncertain
DDA exploring options, including auction and renewal of lease.
Chinese economy posts SLOWEST growth in 13 years
The Chinese economy grew at its slowest pace in 13 years posting 7.8 per cent year-on-year growth in 2012 amid external jitters and domestic woes.
IMAGES: World's 25 most amazing libraries
These are a book lover's paradise.
IMAGES: Industrialists featured on postage stamps
Here are some of the prominent businesspersons and organisations India Post has featured on their stamps.
Cities with HIGHEST, and LOWEST per-capita GDP
Let's take a look at highest and lowest per-capita GDP in largest metropolitan economies around the world.
IMAGES: Birth, flight and grounding of Dreamliner
Let's take a look at the birth, flight and grounding of Dreamliner.
This Indian city is the world's MOST POLLUTED!
Let's take a look at some of the most polluted cities in the world's biggest economies.
Indo-Pak tension casts a shadow on border trade
According to customs officials, the cross-border movement of trucks will drop further.
Wipro's Q3 net up 18% at Rs 1,716.4 crore
The Bengaluru-based company had posted a net profit of Rs 1,456.4 crore (Rs 14.56 billion) in the year-ago period, it said in a filing to the Bombay Stock Exchange.
Par Panel for rice at Rs 3, wheat at Rs 2 to ALL
A Parliamentary panel suggested scrapping separate foodgrain rate and quota for poor and general public and said the UPA's ambitious Food Bill should guarantee 5 kg of rice and wheat to all beneficiaries at uniform price of Rs 3 and Rs 2 per kg, respectively.
Pix: WORST companies to work for in AMERICA
Let's take a look at some of the worst companies to work for in the United States.
IMAGES: 10 most popular car launches of 2012
2012 was undoubtedly a year of shocks and surprises for the automobile industry of India.
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| January 17, 2013 | | Diesel price hiked, petrol to be cheaper
The government has allowed oil companies to raise diesel price by 50 paise a litre per month; bulk users to be charged market price.
Importers continue to stock up gold for weddings
The wedding season in India, the world's biggest buyer of the metal, is slated to start later this week and will continue until May.
Will Renault's small car bet pay off?
Carlos Ghosn has appointed small-car specialist Gerard Detourbet to design one specially for India.
Stunning VIEWS from London's new skyscraper
Standing 309.6 metres (1,016 ft) high, the Shard is the second-tallest building in Europe, and the second-tallest free-standing structure in the United Kingdom.
10 companies that will record MOST PROFIT in 2013
Let's take a look at companies projected to record biggest profits this year.
IMAGES: Stunning pedestrian bridges across the world
These pedestrian bridges offer mind blowing views and have innovative features making them architectural marvels.
World's BIGGEST emerging markets for retail sector
Let's take a look at some of the biggest emerging markets for the retail sector.
Don't bring new taxes in Budget, India Inc tells FM
Stresses on need to boost investor sentiment through stable regulation.
Tension with Pak to wound medical tourism industry
Hospital chains like Apollo, Medanta, Max and Ganga Ram attract patients from Pakistan.
Flying from Mumbai to be COSTLIER
The order would take effect from February 1 and be in force for a year.
Bengal Leads 2013: No-show from India Inc
The only flag bearers of Bengal Inc were Umesh Choudhury, vice-chairman, Titagarh Wagon; Sanjay Bansal, head, Ambootia Tea, S K Banerjee, head, Makaibari Tea.
Religion meets business at KUMBH
Consumer companies see Rs 1,500-crore sales opportunity.
20 INDIAN firms that will shape the global economy
Twenty Indian firms are among the 100 'global challengers' that are not only reshaping their respective industries but are also outpacing established players from the West, according to the Boston Consulting Group.
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| January 16, 2013 | | Hyundai to hike car prices from Feb
Hyundai Motor India will increase prices of its vehicles by up to Rs 20,000 across all models by February 1.
SPECIAL: Corporations, children and responsibility
Companies can be more alert on how various aspects of their operations impact children, writes .
'Modi model,' template for India's development?
There are those who question whether Gujarat is the growth miracle that many claim or routinely assume that it is, says .
25 companies granted MOST PATENTS in 2012
Let's take a look at some companies that were granted most patents in 2012.
2013 Maruti Wagon R: Better looks and improved mileage
Rolled out in a fleet of four, which comprises three petrol variants along with a CNG counterpart, the freshly redesigned Wagon R has much more than just an exterior upgrade to offer its buyers.
PIRACY threatens world's most crucial oil routes
Let's take a look at most important oil chokepoints in the world.
Wikipedia launches online travel guide
Wikivoyage.org debuts with 50,000 articles in more than a half-dozen languages.
IMAGES: Glimpses from Gujarat's bustling economy
Gujarat is one of the most prosperous states in India.
Facebook UNVEILS new friends-based search tool
Called the 'graph search', it allows users to search people, places with the social network.
Jet to END Milan flights to cut LOSS
Jet, earlier, pulled out of Johannesburg, New York routes.
IMAGES: Mind-blowing cars at the Detroit Auto Show
Let's take a look at some of the world's most impressive cars at the Detroit Auto Show.
Infy partners NovaSom to offer cloud-based user portal
The new portal provides physicians with a single, easy-to-use interface that speeds up the order-to-delivery of devices, processing of diagnostic data and management of insurance claims.
IMAGES: GDP growth in India and around the world
Let's take a look at GDP growth around the world, including India.
Japan's ANA GROUNDS all 17 Boeing 787s
ANA said instruments on a domestic flight early Wednesday indicated a battery error.
SPECIAL: Are women employees SAFE in India?
It is both bold and subtle. Sexual harassment in office or outside is a reality for most women. India Inc needs to respond better to their concerns.
Last minute tax planning: A COMPLETE guide
Broadly, there are three ways toensure that you pay optimal tax; Claiming tax free income, incidental actions that bring tax benefits and finally investing/saving for tax benefits.
Indo-Pak trade talks come to a HALT
The Indian side has clearly told Pakistan it would not proceed any further on the matter.
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| January 15, 2013 | | How to plan your finance post wedding
It is important that as a newly married couple you take time to focus on your combined finances.
Remarkable economic growth in India, China: Bernanke
Emerging markets like India and China are witnessing a remarkable transformation, despite a slowdown in economic growth, lifting millions of people out of poverty, Federal Reserve Chairman Ben Bernanke has said.
IMAGES: A restaurant where robots cook and serve food
A sci-fi restaurant in China has employed robots to work as waiters, cooks, entertainers and receptionists.
IMAGES: Check out these interesting and whacky gadgets!
Some interesting and whacky gadgets showcased at this year's Consumer Electronics Show in Las Vegas.
American companies that hire MAXIMUM foreign workers
Let's take a look at companies that issue most visas.
IN PIX: Why Audi Q5 will remain leader in its segment
The face-lifted Audi Q5 now looks more elegant, had a powerful engine and is more stable. For those obsessed with mileage, the SUV gives a 14.6 kmpl.
Dreamliners bring Air India reason to CHEER
Sale, leaseback of aircraft fetch Air India $150 million; funds to be used to partly repay bridge loan.
IMAGES: Most innovative companies in the world
Let's take a look at some of the most innovative companies in the world.
Is Gujarat as 'VIBRANT' as Modi markets it?
The writer feels that though Gujarat has made rapid economic progress, the growth has not been inclusive.
A rush to SAVE taxes can cost you dear
It often leads to unnecessary investments, which might not be able to serve your goals.
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| January 14, 2013 | | TCS Q3 net jumps 27% to Rs 3,550 cr
The company's revenues rose 21.7 per cent to Rs 16,070 crore (Rs 160.7 billion).
Why some reforms on anvil are not good
While government should be appreciated for recent reforms, some on the anvil seem ill considered. These include higher tax rates above an income threshold, the re-introduction of the estate duty, and higher import duty on gold.
Big real estate boom in Pune's hotspot Ambegaon
Ambegaon is going to be one of Pune's most vibrant real estate boom areas over the next 10 years.
New Maruti Wagon R @ Rs 3.58 lakh
Although the new Wagon R will be costlier by about Rs 10,000 across variants from the outgoing version, it will be more fuel efficient by 8 per cent at 20.51 kmpl.
Indian economy - A VICTIM of two experiments?
India's monstrous public distribution system ensured that the government, and not private players, became a huge hoarder of food grains.
Bank-linked insurance may not be cheaper
Many of these are group products and don't get tax benefits; compare premiums and products, make sure they fulfil your needs.
Not all convinced on INFOSYS turnaround
A handful of brokers upgraded their views on IT outsourcer Infosys Ltd after better-than-expected earnings on Friday spurred a nearly 17 percent rally in its shares, although some company watchers remain unconvinced it has turned the corner after a string of disappointing quarters.
Your mobile number on sale for 30 paise!
There are firms that collect your personal contact details from multiple sources. What can you do?
MahaVitaran opposes rate revision of Dabhol project
The Dabhol power plant has seen power generation plunge in recent days on account of dwindling gas supplies.
Banks want debt repayment in KFA's revival plan
Kingfisher had been asked to give its repayment plan in that meeting, failing which the lenders would not be shy of starting the process to sell its assets pledged with them, bankers said.
IMAGES: Ferrari F12 is most powerful road-going car
Rohin Nagrani drives the most powerful road-going Ferrari ever.
Run-up to the Budget: FM wields the axe on allocations
Before Budget, departments see outlays shaved.
India-Mauritius trade pact put on hold
Talks not to resume till the island nation expedites revision of double-taxation avoidance agreement.
IMAGES: 15 most congested cities of the world
MSN.com recently came up with a list of 15 most congested cities of the world.
BIGGEST fees paid by companies to banks
Let's take a look at some of the biggest corporate fees paid to investment banks by companies.
Labour unrest brews at Hero MotoCorp's Gurgaon unit
For the past 15 days, workers at the Hero factory have been wearing black arm-bands and abstaining from tea within the premises.
Planning for a big car? Check these face-lifted sedans
Those who prefer to go with an established model for which reviews and feedback are immediately available, here are some popular sedans face-lifted to offer buyers a bigger bang for the buck.
What is the per capita INCOME in India and world?
Let's take a look at per capita income in India and around the world.
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| January 13, 2013 | | Air India showing signs of revival
With the gradual shrinking of Mallya-owned Kingfisher Airlines and rise in fares by 30-40 per cent in 2012-13 as compared to last year, the carrier improved its market share from 16 per cent to 20 per cent in the last seven to eight months.
Photos: Most EXPENSIVE chocolates in the WORLD
Chocolates may help a person relax but talking about it is exciting. For chocolate lovers, here is a list of most expensive chocolates in the world.
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| January 11, 2013 | | Fuel, LPG may get costlier soon
The ruling United Progressive Alliance's political leadership is holding consultations on options like raising diesel and LPG prices to cut an unprecedented Rs 160,000 crore (Rs 1,600 billion) revenue loss expected from selling auto and cooking fuel below cost this fiscal.
India Inc showers praises on Narendra Modi, Gujarat
Gujarat Chief Minister Narendra Modi today came in for fulsome praise from India Inc with RIL chairman Mukesh Ambani hailing him as a leader with "grand vision" and his younger brother Anil Ambani of ADAG putting him in the league of Mahatma Gandhi and Sardar Patel.
25 most UNDERVALUED stocks in the market
Let's take a look at 25 most undervalued stocks in the market.
Mining ban sees a NEW, cleaner Goa
Today, with mining in Goa banned, the equation is simple: $4.8 billion a year is the cost of clean air and water.
These 11 popular SMALL cars just got BETTER!
Here is an extensive list of enhanced hatchbacks that are impressive from buyers' viewpoint.
Credit Suisse cuts India's FY13 growth forecast to 5.7%
The three main reasons behind the cautious optimism about Indian economy include, first, weaker rupee which will boost net exports, secondly, the government's reforms will provide a quick boost to business confidence, and thirdly, the previous rate rises should support investment and durables consumption.
Walmart bribery charges: US lawmakers release papers
Congressman Elijah Cummings of Maryland and Henry Waxman from California, who are investigating bribery charges at Wal-Mart's Mexico unit, announced on Thursday they had documents which confirmed that Wal-Mart CEO Michael Duke and other high-ranking personnel were personally informed about the bribery allegations as early as October 2005, according to a CNN report.
Countries that will see FASTEST, and SLOWEST growth
Let's have a look at 20 nations expected to grow fastest and slowest in 2013.
Meet India's 'courteous' railway minister
Pawan Kumar Bansal prefers to maintain a low profile and people who work with him say the minister is "very courteous".
Nov industrial output DOWN 0.1%
Analysts polled by Reuters had expected output to grow 0.7 per cent annually.
IITs can't expect govt funds forever
The decision by the Indian Institutes of Technology ( IITs) to increase tuition fees by 80 per cent from Rs 50,000 to Rs 90,000 per annum is a welcome step in correcting the fee distortions prevalent in most state-owned higher education institutions.
Photos: World's 25 TALLEST hotels
The world's top five tallest hotels are located in United Arab Emirates.
Amazing IMAGES of wacky, hand-made cars in Hyderabad
Ever heard of a car shaped like a handbag, a burger or a wedding gown? Itishree Samal visits a museum in Hyderabad which houses many such quirky designs.
Infosys' Q3 revenue UP 12% at Rs 10,424 crore
Infosys revenue for Oct-Dec quarter up 12 per cent.
15 industries that saw BIGGEST job growth in the US
Let's take a look at industries that experienced substantial wage growth.
Why govt showed the door to RBI Dy Governor
Gokarn probably became the fall guy for resisting calls for interest rate cuts by the government and industry lobby groups, despite uncomfortably high inflation and/or for depreciation of rupee.
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| January 10, 2013 | | Morgan Stanley cuts 1,600 jobs as business languishes
The cuts represent roughly 6% of its institutional securities unit - which includes sales, trading and investment banking, sources say.
This Mitsubishi Pajero has more to it than rally genes!
Learning to fly, again.
Income-Tax RATE in India and around the world
Let's take a look at effective income tax and Social Security rates on $100,000 of gross income around the world.
Why govt should not hike the tax rate for rich
Reducing tax evasion will help government to earn more revenues.
Suzuki Swift X-TRA special edition launched in Germany
The Suzuki Swift has been a great success for the Japanese car maker whose forte is small cars.
New Indica D90: More power, more features
Tata Motors has added what the old Indica lacked. The new Indica D90 comes with Fiat sourced 90BHP Multi-Jet diesel engine that also powers Manza Club Class sedan. The automaker has also added features that are unmatched in its class.
VW Gol is the best selling small car; Maruti Alto 2nd
The Alto received this title in 2010 and retained it for the following year as well, however in 2012, the top spot was stolen by VW Gol which is a sort of Brazil's Alto.
IMAGES: 25 inventions that changed the world economy
Let's take a look at 25 inventions that have had a lasting impact on our lifestyle.
Why government needs to depoliticise rail fare hikes
There is no reason why railway fares and freight rates should not be fixed on the basis of commercial principles, as is done with other transport services.
IMAGES: World's 10 amazing railway stations
Icons of a nation's booming infrastructure, these grand transport hotspots have set several records.
Gold may LOSE sheen in year 2013
Returns from the yellow metal may be subdued, as focus returns to equities.
IMAGES: Tata Pixel to be ready by 2014
Tata most-awaited car, after Nano, will be ready by 2014. The car is going to be the first proper four-seater for such a small footprint and also a passenger vehicle with the smallest turning radius.
Budget wishlist: What should the FM do
While the nation hopes to see a populist Budget, here are some pre-Budget suggestions to Finance Minister P Chidambaram.
Clinical trial deaths rise; pharma cos say not at fault
Firms, foreign and Indian, reiterate they follow the rules fully. Earlier, SC had rapped govt for gaps in law and enforcement, including on compensation.
UNEMPLOYMENT rate in world's major economies
Let's take a look at unemployment rate of people under 25.
China's Three Gorges dam generates record power
The Three Gorges power plant, China's largest hydropower project, generated a record 98.1 billion kilowatt-hours (kwh) of electricity in 2012, according to an official announcement.
How the hike in rail fares will PINCH your pocket
A passenger travelling to Thiruvananthapuram from New Delhi on a Mail or an Express train in Sleeper Class will now have to shell out an extra Rs 186.
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| January 09, 2013 | | OilMin moots Rs 4.50/L HIKE in diesel, Rs 100 for LPG
The Oil Ministry has proposed a Rs 3-4.50 per litre hike in diesel price and Rs 100 in LPG rates along with raising the number of subsidised cooking gas cylinders for households to nine a year from the current cap of six.
Congress backs rail fare HIKE, CPI slams move
The Congress on Wednesday endorsed the decision to hike railway fares, saying it becomes "inevitable" sometimes, but was evasive on whether party chief Sonia Gandhi was taken on board on the issue or not.
First train fare HIKE in a decade
Effective from midnight of January 21, the hike will help railways earn an additional Rs 6,600 crore a year. Railway Minister P K Bansal said it was imperative.
How Maruti plans to change its fortune
Maruti Suzuki expects a pick-up in demand for petrol cars, even as the diesel segment continues to clock strong volumes. It is also trying to grow exports.
This amazing hotel recreated the lost city of Atlantis
Atlantis, The Palm is a 1,539 room, ocean-themed destination resort located at the centre of the crescent of the man-made Palm Island in Dubai.
Subsidising airlines on non-viable routes is wrong
Its recent decision to scrap rules that make it mandatory for airlines to deploy 10 per cent of their capacity on unviable routes like Jammu & Kashmir, the northeast and the Andaman & Nicobar Islands and subsidise those that agree to do so flies in the face of logic.
Phuket a HOT market for Indian property buyers
Easy property rules and comfortable prices make Phuket an attractive investment destination.
SPECIAL: Why India Inc should not own banks
There is a persuasive case to be made that India's banking sector needs to be more open; but aspects of the recent decision to award more licences are, none the less, disquieting.
The curious case of Ramalingam and $5 bn US bonds
The town of about 70,000 people in the south-central region of Tamil Nadu has been getting many new visitors since December 31, led by the police and income tax (I-T) department. The attraction is a resident named T M Ramalingam, found with what appear to be international bills of exchange worth Rs 27,000 crore.
2 Indian airlines among world's biggest budget carriers
Southwest Airlines remains the world's biggest low cost carrier (LCC), according to Centre for Asia Pacific Aviation (CAPA).
COLUMN: The politics of a super-rich tax
Mr Chidambaram is known for his ability to think up new taxes to collect more revenue, and a tax for the super-rich could be one of those ideas he might introduce in the coming Budget.
Why IIT fee hike won't fix financial woes
Tuition fee does little to even meet the institutes' operating expenses; directors differ on fee hike.
IMAGES: Smart gadgets you would love to own!
One of the world's biggest trade shows, Consumer Electronics Show showcases some of the best tech innovations.
Two Boeing 787 incidents raise concerns about jet
Incidents stark reminders of problems that have hit Dreamliner since July, prompting federal regulators to call for engine and fuel line inspections
Why investing in India will give great returns
The Goldman Sachs report that suggests the stock market, Nifty, could grow 17 percent to reach 7,000 by December. At this rate the country will be second to Korea, and better than China.
PHOTOS: These 6 diesel cars will be launched in 2013
As auto enthusiasts in India wait eagerly for the launches slated for 2013, we take a brief look at some of the most popular upcoming diesel cars of the New Year.
Those with Rs 12 lakh annual income may be taxed more
For such a tax in India, Rs 12.77 lakh a year could be the threshold, says former chief statistician Pronab Sen.
Revealed! COMMON words used by fraudster employees
Investigators working with the Federal Bureau of Investigation revealed that 'cover up', 'write off'', 'illegal', and 'failed investment' were used most often by employees carrying out rogue trading and fraud.
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| January 08, 2013 | | Tough biz environment a major challenge: Tata
Tata, who stepped down as head of the Tata group on December 28 after 21 years at its helm, was replying to a query about the biggest challenge for his successor.
Motown winter: Can sales revive if RBI lowers rates?
December car sales data was a mixed bag. While some reported growth in sales other saw a dip. This probably can be because customers are waiting for a rate cut from RBI.
Why Mahindra lost all its joint venture partners
Last 20 yrs have seen 4 JVs ending prematurely. What does this mean?
IMAGES: 25 biggest brand names in the world
Let's take a look at 25 biggest brand names in the world.
IMAGES: Most expensive cameras in the world
Let's take a look at some of the most expensive cameras around.
Beat the fuel HIKES with these hybrids from Honda
Honda Accord Hybrid and Accord Plug-in Hybrid are a perfect package of beauty, opulence, economic viability, and performance.
Companies that laid off MOST workers in 2012
Let's have a look at some companies that fired most workers in the past year.
Top EPFO officials face action
Last week, the Ministry of Labour and Employment suspended the second in command in EPFO's Hyderabad office.
Tepid growth in jobs and salaries ahead
Hay Group, a global management consultancy, in its annual General Industry Compensation Report covering all levels of management, expects a pay increases of an average 11.2 per cent across job roles in 2013.
P Mohapatra: Banker by chance, success with hard work
As a young management trainee with SAIL, Pallav Mohapatra was spoilt for choice. He had offers from Allahabad Bank, Bank of Baroda, Indian Bank, Indian Overseas Bank and State Bank of India. He chose SBI only because the bank offered him a posting in Lucknow.
Street sees pick-up in earnings momentum
With market sentiment improving, companies are focused on balancesheet repair.
FIs turn down Glaxo's open-offer price
The British pharma and consumer products maker had announced the open offer in November last year to raise its stake in its subsidiary to 75 per cent from 43.16 per cent at present.
India to supply life-saving medicines to Iran
Entering Iran may lead to trouble for those having significant presence in the US market.
10 New Year resolutions that can help you save money!
When you make those New Year resolutions, you're thinking about fresh starts and the year ahead. What you might not realize is that they also could save money.
Impose HIGHER taxes on super-rich: Economists
Leading economists have asked the government to levy higher taxes on super-rich, encourage small savings and try to bring down inflation to 4-5 per cent.
The BIG problem Indian economy faces
While much attention has been devoted to interest rates and industrial revival, the bigger problem for the economy could be its external vulnerability.
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| January 07, 2013 | | Why mobile biggies are RUSHING to launch phablets
Handset manufacturers are drawing up big plans for large display phones. Bigger than smartphone and smaller than tablet - phablet is going to be the buzzword this year in mobile space.
SPY SHOTS! What will the NextGen Hyundai i10 be like?
The internet is abuzz with sightings of the next generation Hyundai i10 in Europe.
Sensex SWINGS: What lies in store?
Not only has the Sensex swung wildly in the interim, staying below 10,000 for months in late 2008, but the market's winning stocks have changed in composition and character.
Gadgets that can IMPROVE Windows 8 experience
Here's how you can make life easier while using Windows 8 on your old desktop and also three new devices which make the most of the new interface of the OS.
MISTAKES to avoid while buying a house
Buying your first home is a dream come true. But it can easily become a nightmare, if things go wrong.
Why India managers are optimistic. 20 REASONS
If early indications are anything to go by, 2013 looks decidedly better than 2012.
Export growth: China does a better job than India
Despite the rupee losing value against the dollar, Indian exports fell in April-November by nearly 6 per cent. China, on the other hand, managed to retain export competitiveness and registered a 7 per cent growth in exports during the same period, despite the yuan rising against the dollar.
IMAGES: A tour of Amazon's logistics centre
Take a tour of Amazon's logistics office.
Hyundai readies compact sedan; Verito, Amaze watch out
Hyundai Assan chairman Umit Karaarsalan confirmed that the company is working on a compact sedan at the Izmit plant in Turkey. The car will use the next generation i10 components.
IMAGES: Biggest gold companies in the world
Let's take a look at 14 biggest gold companies in the world.
How alarming is India's current account deficit?
The Fisc and savings-investment gap lie at the heart of policy responses.
Air France-KLM in advanced talks to buy Alitalia
Alitalia is owned by CAI, a consortium of investors that bought the then-bankrupt airline in 2008.
Anand Jain, Congress MP cos charged for insider trading
It's not just India's largest company, Reliance Industries that's under scrutiny for insider trading in Reliance Petroleum Ltd in 2007. Anand Jain's investment company, Vinamra Universal Traders Private Ltd, and MoTech Software, then led by Annu Tandon, now a Congress politician and MP, are among a dozen entities facing regulatory action.
Special: Oil & gas sector worth a short-term trade
Watch news flow & price movements carefully. If gas prices are rationalised, there will be a genuine turnaround & these stocks could be multibaggers, says Devangshu Datta.
Rupee gains 17 paise against dollar in early trade
The rupee had recorded its biggest slump in two months by plunging 57 paise to close at 55.07 in previous session on Friday.
The 30 BIGGEST companies in India
Indian Oil Corporation is India's biggest company by revenue.
Ford may LAUNCH these beauties in India soon
Find out cars that Ford may launch in India and the facelifts it plans for the existing models.
Column: License Raj is DEAD. Licensor is NOT
The near decade of India under Dr Singh has convinced most that India is an Absentee State, where governance is grossly missing and rule of law virtually non-existent, writes .
New diktat for India's airlines
Govt moots new regional connectivity policy; plans to offer subsidy on non-viable destinations.
Goldman, 5 others shortlisted for NTPC share sale
Others shortlisted by the Department of Disinvestment for the NTPC offer were Deutsche Bank, SBI Capital Markets and Kotak Mahindra Capital.
Tax-free bonds may get the axe
CBDT was considering discontinuing these bonds in the coming Union Budget.
Slowdown blues: IT firms set to HALVE campus hiring
The slowdown shadow is looming on performance evaluation systems, too.
TOP JOBS up for grabs in finance this year
It's not everyday that we see top jobs becoming vacant in finance.
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| January 04, 2013 | | Diesel, LPG prices may go up again
The Kelkar Committee, which was appointed by Finance Ministry to suggest a roadmap for fiscal consolidation, has suggested immediate hike in fuel prices and complete deregulation of diesel prices by start of 2014-15 fiscal.
Out-priced: Rs 12,000 a sq ft new normal in Mumbai!
Buyers as well as investors are fast realising that Rs 12,000 a square foot is the new normal in Mumbai's residential market, including most of the main suburbs.
How to solve the gold riddle
In the absence of adequate foreign capital flows, it also raises questions about India's foreign exchange reserves buffer and its external vulnerability.
Where is the diesel price HIKE that India needs?
The cheer of the New Year was darkened by news that India's public finances continue to be in dire straits.
IMAGES: Billionaires whose wealth rose the most
Richest 100 billionaires added $241 billion to their wealth in 2012.
QUIZ: What are the REAL names of these companies?
There are some companies that are more well-known by their acronyms than by their full names.
World's BUSIEST airports, New Delhi in top 30 list
Atlanta Hartsfield-Jackson International Airport is the world's busiest airport, but it looks set to lose that title to Beijing Capital Airport in 2013.
This time, Chinese set eyes on Gujarat for auto base
Honk Kong Stock Exchange-listed Great Wall Motor explores sites at Sanand & Halol.
SPECIAL: The innovative Mr Tata
Some of the group's innovations include its first indigenous car, the Indica in 1999, Ginger budget hotels in 2002, small truck Ace in 2005, super-computer Eka in 2005, and the world's smallest car, the Nano, in 2008.
Infra biggies queue up for largest PPP project
L&T IDPL, Gammon, IL&FS in race for Rs 21,147-cr Mumbai elevated rail corridor
PHOTOS: Most exciting MUV, SUV facelifts
Sports utility and multi utility vehicles have emerged as the most exciting segment in the country last year with an annual growth of 62 per cent. Here are 10 SUVs and MUVs facelifts that captured buyers' imagination.
HSBC says India's gold consumption likely to recover
Cuts its 2013 price forecast to $1,760 an ounce from $1,850.
2013 to be a better year for IT sector: Infosys
Company's co-Chairman S Gopalakrishnan says uncertainties continue as unexpected events happen
Oldest pvt Swiss bank pleads guilty in tax evasion case
The bank charged with helping US taxpayers hide $1.2 bn in offshore bank accounts
Ritz AT: Maruti's new RIVAL to automatic Brio, i10
The largest carmaker in India, Maruti Suzuki, launched the new variant of Ritz at the beginning of the New Year priced at Rs 615,000. If you wondering what special about the car; it's the automatic transmission, which is offered with VXI petrol variant. And it's good.
How MAJOR commodities performed in 2012
Gold wasn't the only commodity that performed well in 2012.
8 New Year resolutions to make you financially secure
Everyone steps into a new year with optimism and positivity. The beginning of the year is when you can start afresh and make changes to all the unsuccessful financial practices adopted in the previous year. Here are eight financial resolutions, which will help you to make better and smarter financial decisions going forward.
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| January 03, 2013 | | Mukesh Ambani 18th richest man in the world
Indian business magnate Mukesh Ambani is the 18th richest person in the world with a personal wealth of $24.7 billion in 2012, according to the Bloomberg Billionaires Index, a daily ranking of the world's 100 wealthiest individuals.
Tata's remarkable ROLE in rise of Indian business
Ratan Tata demitted office as chairman of the Tata group in a blaze of congratulatory comment that, in a sense, says much about the strengths and weaknesses of Indian business in a globalised world.
Options for car buyers after diesel price RISE by Rs 10
The Oil ministry is set to raise the diesel prices by Rs 10 per litre over the next ten months. Planning Re 1 increase per litre per month for the coming 10 months. This means the wide-gap between diesel and petrol will reduce. Should a car buyer still buy diesel cars or opt for other options?
Images: World's 25 BIGGEST airlines
United Airlines, following its merger with Continental has emerged as the world's biggest airline measured by available seat kilometers (capacity).
IMAGES: World's top stock exchanges by IPO value
Let's take a look at world's top stock exchanges by IPO value in 2012.
IMAGES: Amazing gadgets set for launch this year
This year will see launch of plethora of gadgets that will change the way we look, touch, feel and drive.
Y V Reddy to head 14th Finance Commission
Panel to recommend sharing of divisible resources between states and the Centre from 2015 to 2020.
Now, pay more for cars
Price increases, to ease pressure on operating margins, in 0.5-2.5 per cent range.
Broker caught with $5 billion US bonds
The Tamil Nadu-based broker is member of commodities exchange from Dharapuram, some say bonds are most likely to be fake.
KFA should revive for its employees, passengers: Singh
Says the airline should present satisfactory operating plan to DGCA and work on its rescue plans
IMAGES: 8 stunning new SUVs coming to India
We bring you a complete list of hot new SUVs and MPVs coming in 2013 that will certainly make your heart skip a beat.
US CEOs pan fiscal cliff deal; to continue debt fight
Say Washington wasted an opportunity to address the nation's long-term debt.
Satyam ex-directors win ruling in US class-action suit
Judge ruled that ther lawsuits failed to allege that the ex-directors recklessly failed to discover the fraud.
What are the investment avenues after retirement?
Retirement is usually associated with investing in safe avenues, which are reliable and generate a regular source of income.
Iris scan to add layer to Aadhaar authentication
System to be introduced in first quarter of 2013.
2012 was the most challenging year, says Subbarao
RBI's task was made more difficult by exchange rate volatility.
Cyrus Mistry's FIRST message as chairman
Tata group will invest over Rs 45,000 crore on various businesses over next two years and would look to expand its presence in global markets besides in India, the group's new chief Cyrus P Mistry said.
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| January 02, 2013 | | Watch out for these 5 hidden costs when buying property
Property is a person's biggest purchase. While buying one, you don't just pay for the house value - there are hidden costs that can take up to 25 per cent of the property value.
Tips to control your urge to spend
Unrestrained and random spending can be very harmful, both in the short term as well as in the long term.
Labels must for GM food
Industry clueless about implementing labelling ru#8804 FSSAI dithers over regulations.
4 stocks that gave positive returns since 2008
PI Industries, GCPL, Colgate and HUL have delivered positive returns every year since 2008.
Images: Now, an ATM for clean WATER
As dawn breaks, two queues start forming at the only petrol pump inLakshmangarh, a small town in Rajasthan's Alwar district.
Nifty crosses 6,000
Auto, metal shares gain.
IN PIX: 25 countries and their GDP in 2012
Countries across the world struggled to post good GDP numbers.
Infrastructure: World's 30 BEST cities
While Vienna retains the top spot as the city with the world's best quality of living, according to the Mercer 2012 Quality of Living Survey, Singapore tops list for cities with the best infrastructure.
Over 35 NEW CARS to hit Indian roads in 2013
Almost every car maker is offering either new models or face-lifted versions of existing models.
SUV is the buzzword in Motown
The demand shift from compact cars to spacious multi-seaters and stylish sports utility vehicles has forced every car maker to fast track their blueprints for compact and mid-sized SUVs and MUVs.
Gujarat sells 200 acres allotted to Peugeot
While the carmaker still has another 300-odd acres to set up the proposed plant, state government officials said the government might sell the remaining land, too, if the demand came up in future.
Global investors skip PE route to go solo in India
The move will help the LPs save the fee they pay private equity firms and play an active role in these investments.
Markets: 13 things to look forward to in 2013
The year may see E listing, Sensex @ 25000 and end of gold rally among others.
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| January 01, 2013 | | Party on the bourses to continue this year
Just on the basis of the earnings growth of 15%, Sensex could go up to 22,000-23,000
Mutual funds try to 'switch' off direct plans
Impose steep exit loads on existing investors moving to direct plans, whereas moving from a direct plan to a distributor-supported plan attracts no such fee.
Mercedes-Benz India to raise prices by 1-3%
Cites rising inputs costs, volatility of the rupee-euro, high interest rates for increased prices.
ANALYSIS: US economy would dodge bullet for now
May help US steer clear of recession, although enough austerity would remain in place to likely keep economy growing at lackluster pace.
2013 might bring cheer to the IT sector
Industry leaders say lack of certainty in the business environment troubles them most.
Foreign retailers may wait till 2014 for India action
Though international biggies are already in India, they are yet to formalise plans for front-end multi-brand retail.
After battering, telcos to charge more
As metros are more or less saturated, telcos may be forced to look at smaller cities for growth.
Mining sector to gear up for overhaul
While the past year has been full of controversies, the next promises a better regulatory regime.
Regulatory framework: Tighter regulation on the cards
Industry experts feel strengthening the regulatory regime through the proposed laws is the first step towards a modern corporate law.
New minister, new Act for a brave new corporate world
Pilot was there at the right place at the right time to take home the Bill.
IndiGo to rejig routes to Singapore
No IndiGo flights will be available on the Mumbai-Bangkok route from March.
Hemmed in at home, Tata Power swings focus abroad
African joint venture Cennergi, formed six months earlier, already executing projects
IMAGES: Two Indians among best-performing CEOs
For years, people have bemoaned executives' zealous focus on short-term results.
'Fiscal cliff' deal reached
The agreement includes a balance of spending cuts and revenue increases.
Slimmer, powerful GIZMOS line up for 2013
The year 2012 saw users transitioning from feature phones to smartphones as they moved from just talking and texting to tweeting, networking socially and shopping with increasing mobile Internet penetration and lower data tariffs.
IMAGES: 20 most expensive wines in the world
The attraction of these wines is not in consuming but collecting.
Promoters whose WEALTH grew the FASTEST in 2012
Habil Khorakiwala, chairman of pharma major Wockhardt, is on a well-deserved holiday abroad.
IMAGES: 10 most expensive business gifts in world
There are some who spend millions of dollars on gifts.
Mercedes-Benz: 4 new STUNNING cars soon in India
Announcing launches of not less than four of its dashing rides that are to take place over the next 6 months, Mercedes has definitely created tidal waves in the already raging waters of its arch rivals.
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| December 31, 2012 | | Facebook forced to drop flawed special New Year app
Nearly a week after Facebook launched its New Year's messaging feature, the social networking site was on Monday forced to drop the app following aflaw that allowed anyone to see and even delete personal messages intended for others.
Strike by RBI staff deferred
The United Forum of Reserve Bank Officers and Employees has decided to defer tomorrow's proposed nationwide strike.
Why MFN status to India is delayed
Pakistan has delayed the grant of Most Favoured Nation-status to India along with abolition of a negative trade list regime "for a short time" because of reservations expressed by several industries, Commerce Minister Makhdoom Amin Fahim has said.
Core sector growth slows down to 1.8% in Nov
Growth rate of eight core sector industries declined to 1.8 per cent in November, from 7.8 per cent in the same month last year, due to drop in production of coal, natural gas and cement.
Govt offers 17 coal blocks to PSUs
Initiating the process of allocation of coal mines, the government on Monday invited proposals from PSUs for alloting 17 blocks to them, mostly for captive power plants.
Mining ban: IT dept takes Rs 3,000 cr hit
The Income Tax department is taking a hit of up to Rs 3,000 crore in tax collection following a Supreme Court-enforced ban on mining activity in Karnataka and Goa, a key IT department official said.
2012: A challenging year for the telecom industry
The government is banking on the second round of spectrum auction and customer-centric moves such as free national roaming to rebuild the telecom sector, impacted by controversies and court judgements that have shaken investor confidence.
Aakash-2 to come loaded with app
Over 200 teachers and students have been working for the last six months to port all projects that have been developed under the National Mission on Education through ICT over the last three years on Aakash-2.
Flying out of Delhi will be cheaper from Jan 1
Flying out of Delhi would become cheaper from Tuesday, with the development fee (DF) charged by the operator of IGI airport here being reduced by Rs 100for domestic and Rs 700 per international passenger.
Wipro gets shareholders' nod for demerger
Wipro on Monday said its shareholders have approved the company's plans to hive off non-IT business into unlisted arm.
Two events that will decide stock market's fate in 2013
With government surviving the winter session and the required reforms in place, two events will decide the movement of markets - outcome of US fiscal cliff and RBI's stance on the rate cut.
'App-y New Year'
You might love them or hate them, but you just can't ignore them.
Why bureaucrats can take BETTER decisions in 2013
The scandals that came to light in 2012 made ministers and bureaucrats wary of taking any decision. They feared that they might get embroiled in controversies later on. This, however, seems to be changing.
Have you met Ratan Tata? Tell us!
Ratan Tata retired as chairman of the $100 billion Tata Group on December 28, his 75th birthday.
Buckle up: Economy to regain its earlier growth rate
The recent spate of reforms will boost India's economy and it will soon regain it earlier growth rate.
Why govt needs to focus on manufacturing URGENTLY
Unless manufacturing becomes the engine of growth, providing at least 70 million additional jobs, it will be difficult for India's growth to be inclusive.
World's five tech CEOs to watch in 2013
Heads of Apple, Microsoft and HP, Infosys and Wipro's IT business would be keenly watched.
IMAGES: Most expensive cars sold at auctions in 2012
Let's take a look at some of the most expensive cars sold at auctions in 2012.
IMAGES: Five smartphones to look out for in 2013
2012 was an action-packed year for smartphones in India.
Govt may not be able to roll out GST before 2014 polls
Two sub-committees, set up by the government to resolve the issues of compensation to states for revenue loss on account of a reduction in central sales tax and the final design of GST, are also likely to miss the December 31 deadline.
Tata's brand building: A roundabout tale
The Tatas' track record in brand building has been chequered for a group that has ironically had and continues to have a fairly strong presence in consumer-facing businesses.
Bread and butter, not corruption, focus of Indians
Country's mood at the end of 2012 is markedly different from that at the end of 2011.
Over a 3rd of power units have less than 7 days' coal
The latest numbers showed 34 of India's 90 power stations were running on critical coal stocks.
KFA pilots pin hopes on Gopinath venture
Some pilots are already in touch with Gopinath while others are betting on Kingfisher's revival.
Tata Group's four little gems
Trent, Tata Global Beverages, Titan Industries and Tata Chemicals may not be big contributors to the Tata kitty, but these are still significant to its growth story.
India's mega projects that face BOTTLENECKS
A series of mega projects that have faced bottlenecks and which the Cabinet Committee on Investments has to clear.
50 stocks that you can BUY for 2013
Here is a list of stocks spanning various sectors that brokerages and research houses across the country are recommending for 2013.
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| December 28, 2012 | | Ratan Tata was a brilliant leader: India Inc
Ratan Tata, an iconic corporate leader, retired as Chairman of the $100-billion Tata Group on Friday after a 50-year run, on his 75th birthday.
The man who made Tata Group a $100 billion EMPIRE
Ratan Tata, an iconic corporate leader, retired as chairman of Tata Group after a 50-year run on Friday but kept away from office on his last day at the helm of one of country's oldest business empires. Tata, who turned 75 today, is in Pune for his birthday.
Highways hit roadblocks in 2012
Against the target of awarding 8,800 km highways during 2012-13, contracts for only 1,100 km could be given by the government in the first three quarters of the fiscal.
18 people who went from POVERTY to WEALTH
There are some people who are born wealthy and then there are some who become rich.
Is Chidambaram's plan to create big banks feasible?
Consolidation will help banks derive economies of scale, but integration will not be easy.
Ratan Tata the quiet titan: Lord Kumar Bhattacharya
He has succeeded because he knew there needed to be a huge transformation in innovation and R&D capacity.
RARE PHOTOS reveal start of Ratan Tata's journey
We take a snapshot of his illustrious life through the lens of photographer Gopal Shetty.
Why Sebi BANNED former Tata Finance MD from market
Call it a coincidence - as Ratan Tata was preparing to hand over the baton of Tata Sons to Cyrus Mistry, Sebi banned Dilip Pendse, former MD of the erstwhile Tata Finance from the capital market for a period of two years.
What makes Ratan Tata a SUPER achiever
Ratan Tata has achieved change and success, with dignity.
2012: A tumultuous year for Indian aviation
It was not a smooth sailing for the Indian aviation industry in 2012 as it saw the grounding of Kingfisher Airlines and financial trouble hitting Air India and other carriers besides a prestigious $500 million airport upgrade contract bagged by a leading Indian infra firm being terminated by the Maldives government.
Ratan Tata and high-decibel slugfests
Throughout his two-decade long stint as chairman, Tata has never shied away from any adversary or adversity.
Exclusive: Ratan Tata, by someone who knows him well
Few people know Ratan Tata as well as R K Krishna Kumar does. Widely perceived to be among the managers closest to Tata, Krishna Kumar assesses Ratan Tata, the man and business leader, in this exclusive interview to Rediff.com's .
AMAZING story of how Ratan Tata BUILT an empire!
Ratan Tata created India's first truly multinational business group. As he prepares to step down, the bar's been raised sky-high for his successor.
SPECIAL: Tata's global score: 50-50
While the jury is still out on how Tata has done in his global ventures, the fact is they have been bold, but not necessarily beautiful.
Opportunities that Ratan Tata MISSED
Tata will surely feel good about many of his initiatives, but there are businesses that are not successful as of today. Some of them include domestic car business, pharmaceutical, and telecom.
For Ratan Tata, life BEGINS at 75
Unlike his predecessor, JRD Tata, who in 1991 handed over to him the chairmanship of Tata Sons as well as control of the trusts, Ratan will continue to retain control of the latter.
Why Tata Sons pledged Rs 2,600 cr worth of shares
Find out why Tata Sons pledged 11 million shares in Tata Motors, 10 million in Tata Steel and and 15 million in Tata Consultancy Services with Centralbank Financial Services Ltd.
EXCLUSIVE! The truth about Russi Mody, Ratan Tata spat
Mody held important positions in Tata group and led Tata Steel till he retired in the early 1990s.
What the new Tata boss LOVES and HATES
Cyrus Pallonji Mistry, 43, currently the Deputy Chairman of Tata Sons has been a director of Tata Sons since 2006.
IMAGES: Journey of Ratan Tata's triumphs and trials
To say that Ratan Tata leaves behind a huge legacy would be a gross understatement.
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| December 27, 2012 | | Why it makes sense to start investing early!
For most people, investing may not even be on the priority list when they start their career.
Petro, power rates must be HIKED: PM
Prime Minister Manmohan Singh on Thursday made a strong case for "phased" hike in prices of petroleum products, coal and power as they are "underpriced" warning that failure to control subsidies would lead to cut in plan expenditure.
Why Tata Power is a BIG challenge for Mistry
The company is in a financial storm, as its biggest investment, on the 4,000 Mw Mundra Ultra Mega Power Project (UMPP) didn't go according to the script.
Planning to buy a dream home? Read on...
Owning a home is a dream for most of us and thanks to the diverse home loan schemes available to make that dream a reality.
Diesel, kerosene prices may be hiked by Rs 10/litre
Diesel prices may be hiked by Rs 10 per litre over a 10-month period and kerosene rates increased by same quantum over the next two years if a proposal being mulled in the Oil Ministry is accepted.
Investing in platinum? Here are a few tips
While investing in gold and silver has been going on, another investment avenue that is blooming since past few years is the 'noble metal' or platinum.
Stocks overshadow gold's glitter with strong rally
Gold has been glittering bright for investors for many years, but the year 2012 saw Indian equities overshadow the yellow metal's sheen with returns of more than 25 per cent.
PAN card has expanded into unconventional areas
Importance of Permanent Account Number card has grown over the years.
SILVER offered higher returns than gold in 2012
Silver outperformed gold in 2012 in the domestic as well as international markets on resumed stockists' demand amid expectations of a revival in global industrial activity.
Ratan Tata to retire tomorrow, Cyrus Mistry to succeed him
Marking a generational change, Tata, who turns 75 tomorrow, will hand over the reins of the group to 44-year-old Cyrus Mistry, who was chosen his successor last year and formally appointed Chairman earlier this month.
Tepid sales, labour issues mark a rough year for auto
Beginning with a bang amid all the glitz and glamour of the biennial Auto Expo, the year will be ending with a whimper for the automobile industry as sales dwindle, and the worst-ever industrial violence at Maruti Suzuki's Manesar plant leaves a big scar.
Drought spoilt farm sector's dream run in 2012
A hefty increase of Rs 1 lakh crore (Rs 1 trillion) in farm credit target to Rs 5.75 lakh crore (Rs 5.75 trillion) was a major highlight for the sector in 2012, while the continuing farmers suicide and the reports of a Parliamentary panel and a Supreme Court appointed committee recommending ban on field trial in GM crops were setbacks.
Why these CEOs would GRAB the headlines next year
Some of them have ambitious plans to fight the slowdown, while some would seek to revive their image.
When will Mumbai get the swanky MONORAIL?
The launch of the first stretch of the Mumbai monorail project's first phase has been postponed yet again, this time to August 2013.
AMAZING things Saudi prince wants in superjumbo
Alwaleed bin Talal is reportedly spending $500 million on a fully customised A380 from Airbus.
Indian employees most optimistic on economy in 2013
Indian employees most optimistic on economy in 2013 Indian employees are most optimistic about the country's economy as 83 per cent of the workforce believe that situation would improve in the New Year, says a survey.
How and when TDS deductions can be avoided
There is no uniform rate for TDS deduction. Depending on the source of earnings, it can range from 1% for sale proceeds to 30%.
BIHAR is the fastest growing state, Gujarat lags
In a huge turnaround, Bihar has emerged as the fastest growing state in the country with figure of 10.9 per cent, overtaking Gujarat whose growth has dipped.
China opens the world's LONGEST high-speed rail line
China has opened the world's longest high-speed rail line.
Classic Ferrari to become world's most expensive car
The stunning 250 GT SWB Berlinetta Competizione is one of just 74 models built by the Italian car maker.
2012's most EXPENSIVE gadgets and gears
Let's take a look at some of the most expensive gadgets and gears launched in 2012.
FDI hungry govt agrees to Ikea's demands
FIPB likely to allow cafs and restaurants in its review of conditional approval on December 31.
India's most EXPENSIVE real estate deals in 2012
Let's take a look at five most expensive property deals in 2012.
IMAGES: 6 'affordable' luxury cars
In the last couple of years, the luxury car segment has evolved significantly and demand for premium and luxury sedans and SUVs has increased rapidly.
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| December 26, 2012 | | Handsome pay packages lure AI pilots to Gulf
Lured by fatty pay packages and "better" work conditions, flag carrier Air India's pilots are taking a flight to the Gulf airlines leading to a severe shortage of commanders.
Know all about the cheque truncation system
India processes as many as 1.2 billion cheques annually and, therefore, the implementation of this system would drastically cut down the waiting period involved. The system will be implemented nationwide from January 1.
An exciting year for banking in 2013
Approval to the long-awaited Banking Laws Amendment Bill by Parliament towards the end of 2012 has paved the way for enhanced banking space and may see entry of new players and mergers and acquisitions in the sector in the coming year.
Investors make a killing in banking, FMCG MFs
Mutual fund equity schemes which only invest in sectors such as banks and fast moving consumer products (FMCG) have emerged top performers across product categories in 2012. But these schemes face stiff challenges to repeat such outperformance in 2013.
Biggest corporate legal BATTLES in 2012
Severe jolt to Sahara Group, strict scrutiny of mining activities and scrapping of licences for 2G spectrum dominated the corporate legal battle in 2012 in the Supreme Court which gave a decisive victory to telecom major Vodafone in a Rs 11,000 crore tax case.
SPECIAL: Mr FM, this is what you should do in 2013!
India has a high and rising current account deficit rather than a surplus; fiscal deficits far exceed anything close to prudent; and the inflation numbers have exposed India as an embarrassing outlier among emerging market countries.
Watch out IT giants, Infy to get aggressive on pricing
The company has tried for a long while to maintain its prices and margins, even if it had hit growth. This seems to be changing. In a recent analysts meet, many noted the management had finally turned aggressive on pricing to drive volume growth.
A dismal picture for cash-strapped railways in 2012
It was a tumultuous year for the railways as a cash-strapped ministry saw four ministers in quick succession, resulting in indecision and delay in policy making process.
Is the tide turning for real estate?
Analysts have turned bullish after success of some big launches and revival of home sales. There is optimism on rate cuts by RBI and hope for lower inflation; which may renew buyers' interest in real estate in coming months.
RANKING: Cars that give owners highest satisfaction
Here are the cars that have most satisfied owners.
The MAKING of Tata's Team A
Tata hired the best talent from across the world as he saw early on that to survive in the wake of economic liberalisation, Indian companies needed to go global and adopt best practices.
JLR's success masks Tata Motors' FAILURE
In the past, Tata Motors gave India its many first - country's first indigenous car (Tata Indica), first sports utility vehicle (Safari), first micro truck (Ace) or a Rs 100,000 car for the common citizen (Nano). After JLR's acquisition, however, the company has failed to connect with Indian car buyers.
24 most EXPENSIVE domain names in the world
Let's have a look at some of the most expensive domain names of all time.
AI makes one more attempt to SOAR
Improves market share but rivals outperform in revenue growth and on-time performance.
M&M's Rs 1800-cr project facing delay due to land woes
TN may be losing its grip on the overall Rs 4,000-cr investment plan due to this delay.
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| December 24, 2012 | | IMAGES: Check out Mitsubishi's swanky Pajero!
Mitsubishi's newest Pajero has more to it than rally genes.
Why was the year 2012 eventful for retail
The year started on a sombre note for the sector, with the lingering effect of the decision to put on hold relaxation of FDI in retail in 2011.
Why India needs more Ratan Tatas
he is the most prominent Indian leader whose inner values and outer actions demonstrate an evolved higher level of responsible leadership.
Ratan Tata's journey is inspirational: Adi Godrej
Few businessmen demonstrate the zeal that he does for innovating for the bottom of the pyramid, says Adi Godrej.
IMAGES: 18 biggest consumer brands in the world
Citi has has identified "World Champions" of the consumer discretionary sector.
Good news: Markets can give 14% returns in CY13
As reforms and favourable rate cycle kick in, we could see further improvements in earnings growth and market re-rating.
How TCS HELPED Ratan Tata grow his empire
Apart from his vision, what helped Ratan Tata pursue his global dreams was the phenomenal success of Tata Consultancy Services, which is 74 per cent owned by Tata Sons.
Tata Motors working on a mini SUV, revamping Nano
Deep in Tata Motors' largest factory, engineers don 3D glasses to play with car designs and prototypes projected from a 10-metre wide computer screen. Their quest? The automaker's next blockbuster car model.
Putin visits India today; Sistema issue on agenda
Defence deal, other key trade and investment pacts also likely.
Cyrus Mistry can HIT the ground running
Cyrus Mistry, who takes over captaincy of the Tata group this Friday, doesn't have to worry about the wicket. With a team comprising some of India's best corporate leaders - all carefully handpicked by his predecessor - Mistry can surely hit the ground running.
Draft 12th Plan proposes spectrum trading
National Development Council meet to discuss this next week.
How India can GROW like China
Interview with Professor, Stanford University.
PHOTOS: 25 major FDI destinations in the world
Countries all over the world are struggling to attract foreign direct investment.
Ratan Tata reshaped the Tata DNA: Rahul Bajaj
The very fact that Ratan Tata is retiring at 75 speaks volumes of his commitment to managing the Tata companies through values, says .
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| December 21, 2012 | | Can RBI keep the lid on INFLATION?
The central bank is struggling to do so, after unleashing a panicky expansionary policy after the Lehman crisis.
REVEALED: Why some MNCs are reporting lower profits
Since the government eased the rules in 2008, many MNCs have squeezed local arms, leaving little for small investors.
Job market to see modest hiring, 10% pay hike likely
After remaining mostly stagnant in 2012 due to global economic slowdown, Indian job market is expected to grow only at a modest pace next year, although still better than other countries, while high-performers can look forward to pay hikes of 10-15 per cent in 2013.
Over 100 cases of suspected frauds to overflow to 2013
Mandarins of Corporate Affairs Ministry, headed by a young minister, have a busy year ahead, as they would be confronted with over 100 pending cases of probe into suspected frauds overflowing from 2012, and look into overhauling the way companies operate and are regulated.
Corruption in India Inc alarmingly HIGH
Corporate corruption in India is not just about bribing bureaucrats to bypass laws; it's about accounting frauds, kickbacks and cybercrime.
How Ratan Tata won battles against cliques
Ratan Tata has made sure his successor won't have to battle cliques within the group - unlike his own experience after he took over.
IMAGES: 25 biggest aluminium-producing countries
Aluminium is the third most abundant element (after oxygen and silicon), and the most abundant metal, in the Earth's crust.
India's 30 BIGGEST companies, IOC is No.1
In the Fortune 500 list of Indian companies, 83 are owned by the government, 370 are private sector firms and 47 are foreign owned.
Is gold's bull-run over after 12 years of gains?
All negatives that contributed to the gold bull run, such as US fiscal cliff and Euro zone crisis are easing out. Some experts believe that the days of very easy gains, when you could just buy gold, hold it, and see it rise 10, 11, 12 percent each year are over.
Has Maruti found a solution for its labour woes?
After having sustained huge losses due to a spate of violent protests by workers since 2011, the company is putting in place measures to prevent a repeat.
Have FAITH in India, says GE India boss
Our 2013 profitability growth will be at double the revenue growth rate: John L Flannery
IMAGES: 10 most expensive SUVs in the world
There are some SUVs that are so expensive that only a few can afford them.
2012: A DARK year for India's power sector
Fluctuating between hope of fuel supplies and despair of prolonged grid failures, it was mostly a gloomy year for the power sector in 2012, but it is looking forward to brighter days ahead under a new and young minister.
How Google uses doodles to honour artists
Google's use of doodle to commemorate artists and events have become quite famous.
Internet's share in India's GDP may touch $100 bn
The number of Internet users in India will go up from 120 million at present to 330 million by 2015, according to a report by McKinsey.
The Leela's new gamble: Will it succeed?
Capt C P Krishnan Nair, 90, has been a trailblazer of sorts in the hotels business.
Vijayalakshmi Iyer: Bank of India's saviour?
Restoring the bank to its former glory will be the top priority for Vijayalakshmi Iyer, the seasoned banker who took over as chairperson and managing director of the Mumbai-based bank last month.
Festive season fails to cheer Tata Nano sales
One of the Nano vendors lays off 75 workers, others on wait-and-watch mode.
Divestment: Finally some light at the end of tunnel
The non-starter Rs 30,000-crore (Rs 300 billion) divestment programme of the government got a little boost towards the close of the year.
Tata's apology and Manmohan Singh's large-heartedness
Tata Group chairman Ratan Tata has dubbed as "completely untrue" critical comments against Prime Minister Manmohan Singh attributed to him in an interview and apologised for "any embarrassment".
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| December 19, 2012 | | Corruption: RAILWAY employees are the worst
Over 8,800 complaints of alleged graft against railway employees were received by the Central Vigilance Commission last year.
Why Samsung, Apple are not yet worried about Nokia
It's too soon to bet that Nokia's on the road to recovery after its new Lumia smartphones were sold out in many stores across Europe and America, as retailers say supplies have been short ever since their launch.
Should you stay away from STOCKS right now?
It's been a tough three years for retail investors. With the Sensex giving barely 4 per cent annual returns, even lesser than the inflation rate, it is very difficult to keep waiting. Investors are, therefore, booking profit and exiting the markets. Should you?
Diesel subsidy? Restrict it for public transport only
If diesel subsidy can be confined to the running of public transport vehicles and agricultural pump sets, then it will stop benefiting private car owners and sundry other unintended recipients.
IMAGES: Will Samsung's gamble click?
Its Android-based camera has created a stir.
How political wrangling is killing a power plant
Unexpected discovery of huge coal reserves beneath NTPC's Karanpura plant site has led to a stand-off between the coal and power ministries.
COLUMN: Doha's 'gateway' to nowhere
India has completely failed to uphold its key interests at climate talks, which have fallen short of their 20-year mission.
Industry wants Didi to bring Tatas back to Singur
Assocham is planning to write a letter to the West bengal chief minister, asking her to bring back the Tatas to regain business confidence.
World's 20 BEST airlines, Singapore Airlines is No. 1
Singapore Airlines bagged the first position for 17th year in a row.
IMAGES: 7 most expensive imported cars in India
For all car enthusiasts, here's a short encounter with the seven most expensive cars that can be imported into India.
IMAGES: 20 most amazing skyscrapers in the world
Let's have a look at 20 most amazing skyscrapers in the world.
REVEALED: Fiat's grand plans for India
It's like Fiat India has just added a supercharger to its India strategy, after a long lull. The Italian carmaker plans to introduce nine products by 2016 in India. And it includes models from Jeep and rally car brand Abarth.
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| December 18, 2012 | | Toyota fined $17.4 mn for delays in safety reports
The US on Tuesday slapped a record 17.35 million fine on the world's biggest automaker, Toyota Motor Corporation, for "failing" to report safety defects to regulators within five days as required by federal law.
Why 'industrial policy' help for electronics is good
Domestic supply of electronics is already less than half of domestic dem#8743 and although it is growing at 16 per cent already, demand is growing much faster.
SPIED: Chevrolet Enjoy MPV caught testing in Mumbai
GM India's MPV contender Chevrolet Enjoy has been in the spyshots spotlight for sometime now.
When Rupee devaluation might be sensible?
Not at the moment, says FM; almost never, says his advisor.
iPhone 5 sales set a new RECORD in China
Apple Inc's new smartphone iPhone 5 sold more than two million handsets in China in the first three days after the launch, setting a new record in its second largest market.
Sebi action can improve retail response to IPOs
Retail investors shunned the Bharti Infratel initial public offering.
RBI keeps key policy rates unchanged
The Reserve Bank has kept the key policy rates unchanged in its Mid-Quarter Monetary Policy Review.
5 innovations from IBM that will change the world
In about five years, you may be able to feel the touch of a Banarasi or a Kanjeevaram sari through your smartphone screen before buying it online, claims IBM.
IMAGES: 10 countries with largest gold reserves
World Gold Council estimates that central banks will have purchased 500 tonnes of gold in 2012.
IMAGES: 20 best new startups and apps in the world
Here are 20 of the best apps and startups that launched in 2012.
Are 'refurbished' electrical items any good?
Many of us would recoil at the thought of refurbished electronics, with many preferring to buy new items because we trust that nothing can go wrong with them, but refurbished does not always mean a resurrected defective product.
Prices of these 28 cars have been SLASHED!
To clear the inventory, nearly all car manufacturers are flaunting the 'discount' banner at their respective outlets.
Why Ratan Tata LIKES West Bengal
Singur was a "great disappointment" but the Tata Group might still go to West Bengal, hints outgoing chairman of the group Ratan Tata.
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| December 17, 2012 | | Confused which tablet to buy? Here are the top 4
It was confusing enough to choose the next smartphone, thanks to the clutter of hardware and operating systems that exist and now the confusion lends itself to tablet PCs too. You can go wild between 7-inch or 10-inch tablet PCs, the OSes and brands and prices. Here's a list of top four tablets to help you make a choice.
Sky war: Airbus Neo versus Boeing Max
The battle for the skies is moving to a new orbit - fuel-efficient narrow body planes. While Airbus has cashed in on the first mover advantage in this space with its A320 Neo, Boeing, which launched its plane in August last year, is catching up fast.
Indian economy, missing women, BJP and cricket
'It's very hard to win elections on policies that don't offer much now, but promise more growth and income in the future,' Vivek Dehejia and Rupa Subramanya tell Rediff.com's Faisal Kidwai.
It's time for builders to CUT real estate prices
High unit prices and interest rates have cramped buyers' ability to purchase property.
IMAGES: The stunning Land Rover Freelander 2
Should the sled be replaced with the revamped Land Rover Freelander 2.
Govt lowers growth forecast for current fiscal to 5.7%
The government on Monday lowered the growth projection for the current financial year to 5.7-5.9 per cent from 7.6 per cent estimated earlier, while pitching for supportive monetary and fiscal policies to improve investor confidence.
Can Chidambaram keep his Budget team together?
In less than five months of resuming charge of the finance ministry, Palaniappan Chidambaram has put in place virtually a new team to take charge of the government's fiscal policy management in the remaining months of its tenure. Will the celebrated economists and IAS officers share the required equation remains to be seen.
Skoda REVEALS the next generation Octavia
The current Octavia, known as the Laura here, is getting a little long in the tooth so it's right on time, this new model.
Is Mallya ready with a revival plan for Kingfisher?
Lenders to Kingfisher Airlines (KFA) will meet its promoter, Vijay Mallya, and the rest of the brass on Monday, to chart a way forward for the grounded airline.
IMAGES: 12 countries that saw most patent filings
Countries around the world are witnessing an increase in patent applications.
How Tata plans to make NANO a success
The world's cheapest car, the Tata Nano, is being "refreshed" to realise its full potential, says Ratan Tata.
Realtors in play to make space for retail giants
However, leading real estate players like DLF and Unitech denied being in talks with any foreign brands.
Perception of India improved in last 6 months: Godrej
'Formation of the Cabinet Committee on Investment is very positive news.'
Most central schemes named after Nehru-Gandhi family
27 out of 58 institutions and schemes being run by the Centre are named after Jawaharlal Nehru, Indira Gandhi and Rajiv Gandhi.
IMAGES: Most expensive cities in the world
While prices are rising just about everyday in Indian cities, they are nothing compared to some places.
China to open world's LONGEST high-speed rail line
China is set to open a 2,298-km high-speed railway line, the world's longest, in about two weeks, linking the capital city with the country's trading hub of Guangzhou.
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| December 14, 2012 | | Indian Oil Corp retains top rank in Fortune 500 list
State-run Indian Oil Corp is the biggest company in terms of revenue, followed by Reliance Industries, according to the Fortune 500 list of Indian companies for 2012.
How many villages in India don't have mobile services?
About 57,271 villages in the country are yet to be connected with mobile services, Parliament was informed.
Why ex-bankers will LEAD the financial innovation race
There would be entrepreneurial exits from the financial sectors over the next few years, and many of these will result in enterprises that will generate value by sharing the benefits of financial innovation more fairly.
Nehru Place among world's top notorious IT markets
Indian capital's famous Nehru Place market has been placed among the top 30 notorious IT markets of the world that deal in goods and services infringing on intellectual property rights, an official US report has said.
22 HOTSPOTS for investment, Indian cities slip
Indian cities have slipped to the bottom of the investment destinations list.
Be your own man: Ratan Tata to Cyrus Mistry
Tata spoke about his 50 years with the group, 21 as its chairman, the highs and lows of his tenure, his equation with Mistry and his post-retirement plans during an expansive interview to PTI in his office at 'Bombay House', the group headquarters.
Why India Inc is not chasing growth any more
Declining GDP growth, persistently high consumer inflation, poor public finances and worsening macro-economic indicators. In such a scenario, should Indian companies chase growth or consolidate their market position?
Inflation declines to 7.24%
Inflation declines to 7.24%.
The tussle: Finance ministry vs. regulators
The distance between North Block and Mint Road has been growing for quite some time. The latest evidence of tension is the finance ministry's decision to introduce a clause in the Banking Amendment Bill allowing banks to trade in commodity futures, despite the central bank's reservations on the issue.
More steps soon to turn the economy around: FM
In the recent past, government has taken a number of measures, including opening up of foreign direct investment in multi-brand retail and hiking foreign investment cap in the aviation sector, to boost economic growth and restore investor confidence.
IMAGES: 15 amazing facts about McDonald's
McDonald's Corporation is the world's largest chain of hamburger fast food restaurants.
IMAGES: Biggest money-laundering settlements by banks
Let's take a look at biggest money-laundering settlements with US authorities.
IMAGES: 30 most connected countries in the world
DHL Global Connectedness Index documents both the potential to increase global connectedness and the problems the world has actually encountered in doing so.
India's headline inflation seen picking up in Nov
A poll forecast the wholesale price index , India's main inflation measure, rose an annual 7.6 per cent in November, up from 7.45 per cent in October.
Can Force Motors make a mark in SUVs?
The automobile maker entered the passenger car segment last year with only one model, but failed to impress the market. It is now banking on new launches to boost sales.
Govt bats for made-in-India IT products
While the drive will help the domestic sector, it will also help the government ensure there are no cyber attacks from malware loaded on devices manufactured abroad.
Book Jet tickets online, pay on delivery!
Jet Airways on Thursday announced a convenient payment option for its customers, which allows them to book tickets online on the domestic carrier's portal and pay by cash later, a move aimed at enhancing the airline's distribution network.
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| December 13, 2012 | | Competition? Apple OUTSHINES rivals
Apple's stock may be sliding as investors fret about growing competition, but store visits and interviews with smartphone and tablet shoppers in 10 cities around the world suggest consumers share little of that negativity.
China's UCWeb eyes 100 million users in India
Firm had opened India office in 2011, its first facility outside China.
Bandra land gives big boost to Mumbai realty
The commercial exploitation will partially fund the Rs 5,300 crore Mumbai Urban Transport Project-II which envisages improvement in the suburban rail transport system.
Why you need to wait for unbreakable TVs, smartphones
LCD screens were expected to slowly fade and die, giving way to lighter, thinner and tougher organic light-emitting diode (OLED) panels in everything from smartphones to televisions. But LCD is refusing to go quietly as its picture quality keeps getting better.
Steps being taken to deal with fake currency: FM
"It is not possible to check supply of fake notes at the source itself as "there is a state support"
You can now know if you bought a GM food
India might not have started growing genetically modified food crops, but it does import food products that contain GM ingredients. Consumers who buy them have no way of knowing what they contain. The government has come up with guidelines to let you know if the item purchased is genetically modified.
Why Walmart can escape US' Foreign Corrupt Practices Act
US officials did not prosecute companies accused of bribing officials in foreign countries when companies disclosed the conduct to authorities, fired responsible employees and took steps to improve compliance with the law.
Corporate frauds: How MNCs fail in India
Here's a list of allegations of corporate governance failure by MNCs in India.
The greed and double standards of MNCs in India
Apart from fraud and corruption, MNCs have serious governance issues in India. Some of them include higher royalty payment to the parent, undervaluing assets of subsidiaries that are being merged and so on.
BEST Amul advertisements in 2012
Amul's advertisements have entertained Indians since decades.
IMAGES: 10 amazing supercars that cost a fortune
There are some supercars in the world that cost millions of dollars, but are worth their price.
Satyam settles Aberdeen, other claims in accounting fraud
Pays $68 million to settle with the claimants.
Retail FDI one of many items on Walmart lobby list
Others like IBM, Coke and Pepsi also lobby for foreign markets.
I have paid advance tax: FM, tells others to follow
Finance Minister P Chidambaram wants tax payers to pay advance income tax in time like he did.
Unitech Corporate Parks puts Gurgaon property on block
Unitech Corporate Parks Plc, the real estate investment company listed on London's Alternative Investment Market in which developer Unitech Ltd holds a 40 per cent stake, has decided to put one of its largest assets in India on the block with a valuation of Rs 3,000 crore.
Pfizer to pay $55 million to settle Protonix case
US Department of Justice had charged Wyeth for promoting its acid reflux drug Protonix for unapproved uses and making unproven claims.
IMAGES: 10 economies facing ageing populations
A whopping two billion people will be 60 years and older by 2050.
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| December 12, 2012 | | 27 Indian firms involved in lobbying in the US
As Wal-Mart's disclosures on lobbying generated political heat in India, records with American House of Representatives show that around 27 Indian companies have spent money on lobbying in the US.
SPECIAL: Can India's old telecom giant survive?
Until March 2009, MTNL had Rs 11,429.37 crore of reserves and zero debt in its books. In three years a lot changed. At the end of 2011-12, the debt stood at Rs 9,647.49 crore and the reserves had dwindled to Rs 1,906.70 crore, after it paid Rs 11,000 spectrum fee.
Rs 225,000 crore: Money Sahara has raised from public
Sahara Group's recent statement says that the total fund received and raised from public since 1978 till September 30, 2012 with accrued interest, including life insurance policy holders' fund, mutual funds, Credit Cooperative Q shop customers advance, bank loans in India and overseas, etc" stood at Rs 225,000 crore.
IMAGES: Most amazing tech accessories of 2012
Some of the most amazing accessories were launched in 2012.
What Walmart's lobbying disclosure REVEALS
The issues, which have been disclosed by the Walmart in its quarterly reports before the US House of Representatives and the Senate, range from a host of foreign issues like FDI in India, to enhanced market access for investment in India and China.
Why poor nations are more CORRUPT than the rich
The richest countries are also the cleanest, while the poorest are perceived as the most corrupt.
Why NMDC FPO is an attractive offer for investors
The stock has underperformed the market due to concerns on mining volumes, delayed expansion, and lower realisations. However, now the volume outlook is improving with gains expected from FY14 onwards, given the ongoing capacity expansion.
How foreign companies can WIN in India
India's demographics offer a wealth of opportunities for foreign firms. Where to start? An expert on Indian business offers some tips.
A VIBRANT Gujarat, but for whom?
It is also a reservoir for human labour in the state, producing hundreds and thousands of bodies who build the state's highways, run its small and medium enterprises (SMEs) and work its farms.
Videocon to join 4G club in second half of 2013
To launch 4G long-term evolution services in 1,800 MHz band.
Govt to ask airlines to cut fares, boost PLF
The ministry will meet domestic carriers next week to discuss how the upper limit in each bucket could be reduced to bring down average airfares, which have been rising in the past few months.
Why developed economies are SUFFERING
It's not entirely true that advanced economies are suffering because of technological stagnation rather than a financial meltdown.
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| December 11, 2012 | | Air India's debt to oil cos? Rs 4,064 crore only!
Of the total outstanding of Rs 4,064.77 crore, a sum of Rs 2,571.73 crore (Rs 25.71 billion) is overdue payment, the Rajya Sabha was informed on Tuesday.
Is Volkswagen planning Vento CNG for fleet operators?
Volkswagen is possibly planning an entry level Vento CNG for the metros.
'Present crisis is comparable to Lehman shock of 2008'
The present financial crisis in Europe and other countries is affecting Asian economies not just through trade or slower Asian exports, but through financial channels and can be compared to the Lehman shock of 2008.
The secret behind Gujarat's agriculture MIRACLE
Perhaps, the most credible of Modi's accomplishments, for the agriculture sector, has been the radical improvement in the power infrastructure in the state.
Kingfisher DENIES report of stake sale to Etihad
Kingfisher is in discussion with various investors, including Etihad, for equity investments in the company, but matters are merely at negotiation stages, it said in a statement to the stock exchange.
IMAGES: 30 best countries in the world to be born in
Let's take a look at 30 best countries to be born in.
SPECIAL:Is India heading for another economic crisis?
The government thinks that it can buy peace with its own people, not by providing an environment for growth, but by bribing them into silence, writes M R Venkatesh.
Why cash transfer of subsidies is NOT helping the poor
As the government gets ready to roll out its ambitious cash transfer of subsidies scheme on January 1, <I>, Santosh Tiwari</I> & <I>Indulekha Aravind</I> get on the ground to investigate how the experiments are working out.
Disputed property title could block your ownership
A thorough background check will ensure hassle-free title for an immovable property. Ensure that all the parties are involved in the process of sale.
IMAGES: 10 hottest destinations for beer business
Here we look at 10 destinations that are simply great for beer companies.
Meet Chidambaram's BUDGET dream team
Tough balancing act in the offing in the last budget of UPA-II.
Why Ratan Tata loves to HATE media
The Tata Group chairman may have gone overboard in his criticism of a profession called journalism.
US sees India as RISING economic powerhouse
The US intelligence has predicted that in 2030, India could be the rising economic powerhouse of the world as China is seen today and that it will continue to consolidate its power advantage over Pakistan.
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| December 10, 2012 | | Builders can't end deals if their demands aren't met
Apartment buyers are often put in a tight spot by developers who demand more money after initial payments.
Volvo sees rising competition in luxury bus segment
Swedish brand has a 74 per cent share in the luxury bus segment, but competition is picking up speed.
In election time, oil and gas return to haunt Modi
Though Gujarat State Petroleum Corporation officials term it a case of mismanagement, the 'dubious' deal has raised many questions.
Can Narendra Modi take CREDIT for Gujarat's growth?
Through a series of ground reports from Gujarat, with expert opinions and data analyses, Business Standard tries to unfurl the secret of the state's growth across sectors.
Your money, their business
Family offices provide investment advice, plan succession and even help buy airplanes.
GMR ouster big blow to India's reputation in S Asia
The realist school of thought currently employed by Delhi, that friendships don't matter as long as national interest is taken care of, is all very well to pursue, except in this case Nasheed exemplified both friendship and national interest. After its errors of judgement on the Maldives, India's next opportunity will come only when elections are held.
Dream house? Check the prices in the metros!
Business Standard brings to you a snapshot of average current rates and unit sizes in localities that offer property in the price range of Rs 2 crore (Rs 20 million) to Rs 4 crore (Rs 40 million).
Doha: if not now, when?
At the Doha climate change conference, the world agreed to strengthen the framework for future action.
Domestic car sales down 8%
According to the data released by the Society of Indian Automobile Manufacturers on Monday, motorcycle sales last month went up marginally to 8,67,518 units from 8,67,088 units in November, 2011.
E-gold, gold plans or ETFs: What's best?
While e-gold is cheaper than gold plan, it's not tax-friendly like gold ETFs.
COLUMN: Keeping an eye on China
Don't ignore the Asian giant's economic problems and political tension.
India is suffering from inertial inflation
High support prices, wage inceases and RBI's assumption of an 'acceptable' rate of inflation are responsible for the continuous price rise.
IMAGES: 10 most expensive gadgets in the world
Here we take a look at 10 insanely expensive gadgets in the world.
Images: World's 30 BEST cities to live in
European cities continue to dominate the list of world best cities to live in according to the Mercer 2012 Quality of Living Survey.
15 AMAZING FACTS about the rise of Starbucks
Here are 15 amazing facts about one of the fastest-growing companies in the world.
Candid chat with Bajaj junior
Rajiv Bajaj talks about his de-risking strategy, as well as his company's much-speculated relationship with Renault-Nissan
DTH companies queue up to raise funds for expansion
The DTH industry had been growing at an explosive rate, with 100 per cent increase in customer base and a steady income from customers.
Stocks of MNCs with high promoter stake lose steam
Have underperformed the market in the rally that started in November.
Walmart 's LOBBYING bill hits Rs 125 cr on India entry
Global retail giant Walmart - waiting for years to open its supermarkets in India -- has been lobbying with the US lawmakers since 2008 to facilitate its entry into the highly lucrative Indian market.
India hurt by scams, retrospective taxation acts: Tata
The outgoing Chairman of the Tata group Ratan Tata is "rattled" by India's current image emerging from scams and retrospective taxation, and wants the government to give an "irreversible commitment" that law of the land has sanctity.
10 global companies CUT 1 lakh jobs in 2012; HP tops
With an aim to save costs in troubled economic times, just 10 companies together have announced nearly one lakh job cuts worldwide since start of 2012 and they include giants like HP, Google and Citigroup.
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| December 09, 2012 | | Tatas won't get into airline business: Ratan Tata
Once pioneers in civil aviation, the Tata group is unlikely to get into the sector because of "destructive competition", its outgoing Chairman Ratan Tata said.
Reliance halts US lobbying for 4th straight quarter
Leading corporate house Reliance Industries has kept its lobbying activities among US lawmakers on hold for the fourth quarter in a row, after having paid nearly $2 million to its lobbyist in Washington in past few years.
FDI in telecom sector plunges to $43 mn
Foreign Direct Investment (FDI) as a source of funding has shrunk to a trickle for the once lucrative telecom sector with foreign investment inflows plunging to $43 million in the April-September period of the current fiscal.
FIIs pump $21 bn in Indian stocks in 2012
Overseas investors have made net investments of $1.2 billion in the Indian equity market during the first week of the month, taking the total for 2012 so far to a whopping $21 billion.
RIL opposes uniform marketing margin for natural gas
Reliance Industries has opposed a move to make marketing margin charged by it and other sellers of domestically produced natural gas uniform, while giving gasimporters a free hand, saying that it would be a gross discrimination.
Airport: Maldives terms takeover a victory, GMR silent
Indian firm skips midnight ceremony Maldives terms takeover a victory for its people.
Kolkata concern for GSM operators
Kolkata has emerged as one of the key concerns for the telecom companies providing GSM services.
Indian oil companies are hungry for deals
Faced with soaring demand, stagnant output at home and a need to diversify from Iranian crude imports lost to Western sanctions, Indian oil companies are hungry for deals like Oil and Natural Gas Corporation's ( ONGC's) Kashagan buy that promise supplies sooner rather than later.
HDFC Bank upbeat on loan growth in FY14
The credit growth is expected to be better in the next financial year on the back of higher gross domestic product (GDP) growth, according to HDFC Bank Ltd, the country's second largest private lender.
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| December 08, 2012 | | MACL back at helm at Maldives airport
Two years after it handed over the Male International Airport's operations to Indian infrastructure major GMR, the Maldives' state-run MACL was back at the helm on Saturday.
Airport Metro Express likely to run again next year
Unwilling to wait till Delhi Metro's Phase-III is completed, the Centre wants construction work on "some sections" of the Phase-IV project to start immediately once the detailed project report is completed.
Tata Motors offers discounts of up to Rs 1.5 lakh
At a time when others car makers are planning price hikes, Tata Motors on Saturday announced discounts and freebies worth up to Rs 1.5 lakh on purchase ofdifferent models which are valid till the end of this month.
Inflation remains primary concern for RBI: Gokarn
Ahead of the mid-quarter review of the monetary policy on December 18, RBI Deputy Governor Subir Gokarn on Saturday said inflation continues to be the primary concern for the central bank.
West Bengal campus: Infosys to wait
Software major Infosys would wait for some more time before taking a decision on the future of its first development facility at Rajarhat near themetropolis.
Ratan Tata denies using strong words against govt
Tata Sons on Saturday denied that group Chairman Ratan Tata has used words such as "venal" business environment or accused the government of"inaction" in media interviews.
Wipro to acquire Singapore's LD Waxsons Group
Wipro Ltd on Saturday said it will fully acquire LD Waxsons Group, a Singapore-based fast moving consumer goods (FMCG) company for an all cash consideration of about $144 million (nearly Rs 790 crore).
FDI in retail will BENEFIT consumers, farmers: PM
A day after winning Parliament's approval to the decision of allowing FDI in retail, Prime Minister Manmohan Singh on Saturday said the move will benefitfarmers and consumers and help introduce new technologies in agri marketing.
Obama urges Congress to extend middle class tax cuts
US President Barack Obama urged the Congress to extend the middle class tax cut that is set to end this month.
Iran oil sanctions: US extends waiver for India
The US has extended waivers that exempt nine countries, including India and China, from fully complying with American sanctions targeting Iran's oil exports, citing their significant reduction in oil import from Tehran.
Retail FDI victory fuels govt's reforms push
The government wants to use the FDI victory impetus to clear the Companies Bill and those amending the banking and pension Acts.
GMR begins check-out from Male
It is business as usual at Ibrahim Nasir airport; Maldives to retain staff hired by GMR.
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| December 07, 2012 | | Does McDonald's use Indian potatoes?
This is the time to analyse the French fries served by McDonald's in India
How to make job exchanges work
They should be able to provide counselling, training and employment.
Infosys FY 13 revenue outlook under threat: UBS
Customer deferrals, ramp-downs in a few large projects, delays in large deal closures due to Hurricane Sandy may cause threat to outlook.
Govt seeks parliamentary approval for more spending
Most economists expect the government to end the fiscal year with a fiscal deficit of 5.6-5.8 per cent which could mean an additional borrowing of 300-500 billion rupees.
New jobs: What Indian employees look for
For Indians, job security is more important than other factors such as salary and perks.
Govt to infuse Rs 2,000 crore into Air India
Last year, the government approved a $5.8 billion bailout plan.
Why India's economic growth will pick up in 2013
A decline in oil prices, improving demand situation in abroad markets and structural reforms at home will help Indian economy regain its high growth trajectory in the coming years, according to US investment banking giant Goldman Sachs.
IMAGES: 20 slowest-growing cities in the world
Let's have a look at 20 slowest-growing cities in the world.
Air India threatens to stop operations to NE airports
The airline has been operating so far on the assumption that the funds would soon be available.
US seen extending Iran sanction waivers to India
Is likely to give another six-month reprieve from financial sanctions to India, South Korea, Turkey and others.
Murdoch relies on Indian-origin CFO in taxing times
Rupert Murdoch-controlled News Corp rejigged its top brass as it announced plans to split the company into two, one to look after its publishing portfolio and the other, for the media and entertainment unit. Bedi Ajay Singh took over as the chief financial officer of the publishing arm.
IMAGES: 10 cities where everyone has a job
There are some cities where nearly everybody has a job.
Piramal Group's PE to raise $185 mn in new fund
Investors have stepped up ploughing money into the healthcare sector in India.
SPECIAL: Is OVL making the right acquisitions?
Some analysts have raised doubts on the wisdom of the recent deal. Though the Kashagan field has been under development for 12 years, involving an investment of almost $50 billion, the output isn't great. Even the earlier acquisition of Imperial Energy Corporation has not met the targets.
REVEALED: What the Samsung Galaxy S4 will be like
The new Galaxy series phone will have bigger display, better resolution, sharper camera, and faster processor. Analyst believe that the biggest draw would be unbreakable screen.
Apple to return some Mac production to US in 2013
Apple makes the majority of its products, from Macs to the iPhone and iPad, in China, the world's factory floor for electronics.
World's 30 LEAST corrupt nations
Transparency International's Corruption Perceptions Index measures the perceived levels of public sector corruption in countries across the world.
IMAGES: 10 highest selling cars of November
We bring you a list of the top 10 cars that scored the best in the month of November 2012.
Apple, Samsung face off in court again
Apple scored a sweeping legal victory in August at the conclusion of its landmark case against its arch-foe.
HSBC might pay $1.8 bn money laundering fine
The potential settlement, which has been in the works for months, is emerging as a test case for just how big a signal US prosecutors want to send to try to halt illicit flows of money moving through US banks.
The price India pays for its DELAYED rail projects
The government on said its ambitious Kashmir rail plan has the largest cost overrun of Rs 5,500 crore among those rail projects which have been delayed by more than a decade.
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| December 06, 2012 | | India's air traffic growth to be world's 2nd highest
India's domestic air travel market would be among the top five globally, experiencing the second highest growth rate in domestic passenger traffic after Kazakhstan but before China, IATA said.
Infy plans to roll out Rs 700 cr project for India Post
It would help the PSU transform its banking and insurance operations cross 150,000 post offices in the country.
IMAGES: Fiat to launch Jeep in India in 2013
The carmaker wants to enter the fast-growing SUV segment in the country. The off-road pick-ups and luxury SUVs will be the first vehicles from the Chrysler, owned by Fiat, stable to be launched in India.
2 Indian CEOs among world's most powerful people
Forbes magazine recently came up with a list of most powerful people.
Cars to be more expensive as companies plan price hike
The country's largest carmaker Maruti Suzuki India on Thursday said it will increase the prices of its vehicles across all models by up to Rs 20,000 from January due to increasing pressure on its margins due to currency fluctuation. Honda Cars India and Volkswagen India said they, too, are contemplating the same.
RISE and FALL of a telecom giant
Let's take a look at the rise and fall of the giant.
The men who took on Iron Man and Superman
Jason Kothari and Dinesh Shamdasani are making Valiant a name to be reckoned with in the comics industry.
Citigroup CUTTING 11,000 JOBS worldwide
The cuts, which amount to about 4 per cent of the bank's workforce, carry the fingerprints of Citigroup's Chairman Michael O'Neill.
IMAGES: 3 stunning SUVs fight it out on Indian roads
Safari Storme, XUV 500 and Duster are put through the wringer. Which one will emerge unscathed?
World's most CORRUPT nations, India at 94
Corruption continues to ravage societies around the world, reveals Transparency International's Corruption Perceptions Index 2012.
StanChart to pay $330 mn fine for Iran deals
The payment is on top of the $340 million it has already paid to the New York State Department of Financial Services.
Why owning the world makes no sense for Ranbaxy
It has exited most non-profitable geographies and is no longer chasing acquisitions. Will the new strategy pay off?
Not many takers for office space in Mumbai
As global and domestic economies continue to flounder, vacancies at many existing and new commercial properties across India's commercial capital have risen to 30-50 per cent levels from 14-15 per cent in 2009.
S Viswanathan: SBI's own 'Kingfisher man'
S Viswanathan is the new managing director of State Bank of India's associates and subsidiaries.
Apple's shares swallow BIGGEST LOSS in 4 years
Possible higher dividend, capital gains taxes weigh.
Complan, Saffola, Kellogg's under lens for false claims
Complan and Horlicks, which claim to make kids taller in India, do not make any such claims in the UK
Villages without post offices: Uttar Pradesh is No.1
There are over five lakh villages in the country which do not have post offices, the government said.
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| December 05, 2012 | | Jay Lee: Samsung's unassuming heir apparent
On Wednesday, Lee junior, 44, was promoted to vice chairman, moving him a step closer to eventually taking over from his 70-year-old father in what looks to be a well choreographed long-term succession plan. And investors seem to like the idea.
Audi Nov sales zoom 89%; revises 2012 target
The company's primary growth driver this year has been the A range of sedans, led by the A4 and A6, followed by the SUVs, Q5, Q7 and Q3.
SPECIAL: How futures trading affects farmers
Futures trading involves speculation of prices of a commodity, depending on its demand-supply prospects in the future. In this type of trading, buyers and sellers do not actually possess the commodity and the deals are done on paper (see box 'Understanding futures trading').
Images: A FLYING tricycle to avoid rush-hour traffic
A man in the US has built a tricycle that will let you soar into the sky and cruise over rush-hour traffic jams.
Why Wipro's demerger is GOOD for investors
An ostensible reason for the demerger was the low profitability of the non-IT business, which was a drag on Wipro's bottom line. It accounts for 14 per cent of the company's turnover but only 6 per cent of its operating profit.
1 mn: That's the no. of EMPLOYEES govt banks need
In the next five years, 80 per cent of general managers, 65 per cent of deputy general managers, 58 per cent of assistant general managers and 44 per cent of chief managers would be retiring.
COLUMN: Little has changed in urban India
There are some flyovers, JNNURM logo-bearing buses and terribly designed housing for the poor. That's it.
India's 5 BEST cities to live in
Indian cities do not fare well compared to their global peers in the list of best cities.
How Wal-Mart got a foot in the door of India retail
Wal-Mart and other retailers lobbied for years to gain access to India's market, lured by the promise of a middle class that will one day rival China's.
IMAGES: Six Indian cities among major growth centres
Let's take a look at economic growth in 25 major cities of the world.
How realtors have profited from rising India, China
This extract from The $10 Trillion Prize demonstrates how property developers have profited from the rising affluence in India and China.
Pratip Chaudhuri: SBI's CONSCIENCE keeper?
The chairman of India's largest bank on why he would like to forget the first six months of his stint and the steps he has taken to revitalise the institution.
Aadhaar can help PLUG leakages in govt programmes
Here is how UID can help to cut down bureaucracy by automating major parts of government subsidy programmes. In addition, it will help government save on cost and give intended beneficiaries better access to the programmes.
Current stock market rally to SUSTAIN until early '13
The writer believes that the current stock market rally will continue until early 2013. He predicts this based on partial success of current Parliament session, resolution of US' fiscal cliff, and government disinvestment.
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| December 04, 2012 | | US SEC charges China affiliates of top accounting firms
Monday's move indicated China was refusing to yield in talks with the United States over access to Chinese audit papers, trying to keep foreign regulators off what it sees as its turf.
IMAGES: 6 most fuel efficient hatchbacks in India
Fuel-efficient hatchbacks are the favourite of Indian car owners.
Are you game for these SMALLER sedans?
The different tax structures for smaller and larger vehicles in the Indian market have resulted in the emergence of a unique category of compact sub-four-metre sedans and utility vehicles that are gaining favour among consumers. Come mid-2013, half-a-dozen sub-four-metre vehicles will be on road.
Apple iTunes debuts in India
Apple has priced songs at about Rs 12 with latest Bollywood albums, like Dabangg 2, being offered at Rs 96.
'Walmart and Bharti have hoodwinked the government'
M P Achuthan, Rajya Sabha member from Kerala, who blew the whistle on the company flouting FDI norms in India, has submitted a petition to the Prime Minister's Office, revealing details of how Walmart violated norms while investing $100 million in Cedar Support Services, a company that was earlier known as Bharti Retail Holdings. He speaks to Manu A B about the MNC
How fraud has grown in India over the years
Let's take a look at how fraud has grown in the country.
Sahara refund case: Hearing deferred till tomorrow
Supreme Court defers till Wednesday hearing on Sahara Group's plea.
Even without US 'cliff,' world economy teeters
The global economy is on edge - and that's without the U.S. "fiscal cliff."
India sets up seaside 'village' to nurture IT start-ups
Even three decades after Infosys, India's second-largest software service provider, was founded by middle-class engineers, the country has failed to create an enabling environment for first-generation entrepreneurs.
End of the era of mega profits for Jindal Power?
When the initial public offer of Jindal Power was announced in 2009, it was seen by investors as a golden opportunity to own a quality stock.
Taking entrepreneurship to the heartland's young
From mid-December, about 100,000 Class IX students in 1,000 government schools across 10 districts of Bihar will spend two hours on Saturdays reading a glossy storybook, probably the best designed ones that they have ever read.
Ajay Bijli: Making of the multiplex king
PVR has bought 69.27 per cent of the promoter's stake held by the Kanakias in Cinemax for Rs 395 crore.
IMAGES: 10 stunning cars launched in 2012
Notwithstanding the high prices of fuel, most of the cars that have been launched so far are utility vehicles.
25 best-performing stock markets in the world
These stock markets have delivered healthy gains in 2012.
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| December 03, 2012 | | After 7 slow quarters, China's economy sees revival
The pace of activity in China's vast manufacturing sector quickened for the first time in 13 months in November, a survey of private factory managers found, adding to evidence that the economy is reviving after seven quarters of slowing growth.
Is Asia doing enough to curb Iranian oil purchases?
Asia's buyers of Iranian crude believe they've cut their purchases from Tehran enough to justify an extension of their U.S waivers, and strictly speaking, they probably have.
The biggest financial SCAMS of pyramid schemes
None of India's financial regulators has any interest in proactively dealing with pyramid schemes.
COMPLAINTS: Which life insurer tops the list?
Here's a list of life insurance companies that have the maximum number of customer complaints against them in various categories such as claim disputes and unfair business practices.
Indian oil cos focus on production to grab new assets
While not all the oil bought overseas turns up in domestic refineries, it can give companies a stake in the global crude trade.
Images: Award winning architectural WONDERS
The Chicago Athenaeum Museum of Architecture and Design honour buildings for new architecture, landscape architecture, interiors and urban planning.
Morgan Stanley RAISES India's GDP forecast
Morgan Stanley on Monday raised India's growth forecast for the current financial year to 5.4 per cent from 5.1 per cent projected earlier citing better than expected GDP growth in the September quarter and stabilisation in non-agriculture growth indicators.
IMAGES: 20 most beautiful cars in the world
While there are many cars in the world, but only few are really beautiful.
A flat in Dubai will cost LESS than one in Bandra!
A house in the world's tallest building with the who's who from around the globe as your neighbours is no longer a distant dream.
How much INCOME makes a person HAPPY?
Study says the amount of net annual income needed for people to feel happy is $161,810.
Another IT hub EMERGES in Andhra
It is located on the Visakhapatnam-Vizianagaram stretch of N-5, around 16 km from Visakhapatnam city.
India among BIGGEST steel producers in the world
India is among the major steel producers in the world.
Maruti vendors yet to approach Gujarat govt for land
Maruti was allotted around 640 acres of land at Hansalpur which lies nestled between Mehsana district and the Sanand-Viramgam area.
No jingle bells for India's investment bankers
Year-end bonuses to be low to zero, as banks cut jobs, re-deploy staff.
'Rupee may rise if political parties agree on reforms'
Interview with Associate director (commodities & currencies), Angel Broking.
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| November 30, 2012 | | PF account statements now just a click away
Members can register themselves on the website using any government issued photo identity card and cell no. as passwords.
IMAGES: JLR drives in new Range Rover
The stunning car's top-end model can go up to Rs 1.9 crore.
STUNNING cars: Owner's pride, neighbour's envy
The Los Angeles Auto Show saw the debut of a range of new models including the Toyota RAV4, Mazda a6, Kia Sorento, Subaru Forester, Porsche Cayman, Chevrolet Spark EV and Audi diesel.
Two laws, two ministries, one continuing confusion
Forest law vests overall control over the productive assets of the jungles in the forest bureaucracy.
SPECIAL: Bad old moneylenders are back with vengeance
Activists created a climate of opinion against MFIs, while politicians capitalised on the frenzy.
India's Q2 GDP growth falls to 5.3%
India's economic growth has declined to 5.3 per cent in July-September this fiscal, from 6.7 per cent in the same period a year ago
15 biggest oil companies in the world
Oil is a multi-billion business and some companies are really reaping in the benefits.
SPECIAL: The big problem of Biyani's shrinking empire
The country's biggest retailer is splicing and selling businesses as it strives to reduce its mountain of debts. In the long run, his operations need to generate cash flows.
Sandoz to close generic development centre
Closure would mean manufacturer might not be able to launch any new generic products in India in future.
Bharti, Vodafone in the dock
SC directs CBI to take action over extra spectrum allocation during NDA rule.
Corruption, bribery, frauds: Indian firms WORST hit
India has the second highest number of fraud-hit companies, according to a report by global advisory firm Kroll.
Goldman Sachs sees Nifty at 6,600 pts by 2013-end
Financial major Goldman Sachs on raised the Indian stocks to "overweight" from "market-weight" and said the NSE Nifty will scale the 6,600 level by December 2013, on the back of growth recovery and moderation in inflation going forward.
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| November 29, 2012 | | 15 quotes reveal Starbucks's Howard Schultz story
Starbucks's Chairman and CEO Howard Schultz has built a coffee empire that extends to almost all parts of the world.
Bharti's African safari remains a cash guzzler
Has already invested $13 bn and needs another $9 bn to expand business, even as cash demands rise at home
Tata Motors plans 3 block closures at Jamshedpur plant
Block closure planned keeping in mind the weak demand of commercial vehicles.
Can Rajat Gupta delay his surrender date?
A US court has agreed to hear next week a bid by India-born former Goldman Sachs Director Rajat Gupta to delay his surrender to federal prison and remain free on bail while he challenges his conviction on insider-trading charges.
Common Man's View: Why I am against FDI in retail
It will be bad for the farmer and the consumer. It will be bad for the poor -- urban and rural. It will put a lot of people in the retail trade out of jobs. It will increase fuel use, says G V Dasarathi who is in charge of buying groceries in his family.
Best countries for business: New Zealand is No. 1
Take a look at the 25 best countries for doing business.
Must slash current account deficit to 2.5%: Rangarajan
Pegs the current account deficit for the current fiscal at 3.5 per cent of the GDP.
Why France HATES Lakshmi Mittal
French government is up in arms against Lakshmi Mittal after 629 workers lost their jobs on closure of two furnaces of ArcelorMittal. Things have got so bad that President Holland has threatened to temporary nationalise ArcelorMittal. In France, people consider him as a big-bad mega-rich Indian who came to lay off workers and drive French steel industry to ruin.
IMAGES: 11 incredibly fast trains in the world
While India has many fast trains, but they come nothing close to some of the fastest trains in the world.
Economic growth: Bihar BEATS Maharashtra, Gujarat!
Bihar has been the top performer among the major states in terms of economic growth during the 11th Five Year Plan which ended on March 31, 2012.
Rupee up 61 paise, ends at 2-wk high
Forex dealers said a higher opening in the domestic equity market and strengthening of euro against the dollar overseas also supported the rupee.
Sensex crosses 19K as Goldman upgrades India
Sensex crosses 19,000-mark for the first time since October 5.
SPECIAL: Walmart's ride to India gets bumpier
Walmart is getting embroiled in one controversy after the other in India. Political parties in opposition are already rallying against FDI in retail. Can it still manage to launch its retail business successfully in the country?
BUDGET: 2% hike in excise duty, service tax likely
Restoration of Customs duty on crude oil & rollback of exemptions likely.
Animal spirits are BACK on the deal street
M&As worth $10 bn on anvil.
IMAGES: Volvo to launch V40 Cross Country in India
Volvo cars are overshadowed by the big three Germans in India and it's time that the Swedish manufacturer do something to step up its game.
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| November 28, 2012 | | Ratan Tata positive, says India's outlook not as bad
Tata said he expects China to move towards democracy. He said many democracies would also have to find ways of 'enforcing what they want to do if they want to move forward'.
Sistema to scale down India exposure
Won't put in more money, irrespective of SC decision on curative petition.
How India can curb RISING gold import
Massive imports by India, of $60 billion and 1,067 tonnes in 2011-12 (up from $40 billion in 2010-11), have contributed in pushing prices of the noble metal to record levels internationally.
Markets likely to range-trade in the short-term
Tentatively, watch for a rise beyond 5,820 to a new 52-week high, or a drop below 5,600.
Why working at Google is a dream come true
Google rated as one of the best employers is known for offering the best facilities to employees.
15 BIGGEST overseas acquisitions by Indian companies
A look at the deals in the past that made news, awed investors and probably gave management sleepless nights.
Why Singur still remains a headache for Mamata
The people of Singur feel they have lost their representative in the government who would plead the issue of fast-tracking the process of returning their land, which seems to be a distant reality, with the battle being fought in the courts.
Amazing IMAGES of Pagani's supercar Huayra
Pagani Automobili is an Italian manufacturer of sports cars and carbon fibre.
Diageo-Pernod Ricard slugfest reaches India
The acquisition of United Spirits will arm Diageo with a formidable mass-market portfolio, but consumers are up-trading rapidly.
SPECIAL: Show us the cash, Mr Vijay Mallya
In a meeting later this week, bankers will insist on a commitment on funds. But many say Kingfisher better not fly again under a promoter who just blew money trying to run a glamorous airline.
All about Aakash's Chinese inheritance
Revelations about motherboards' origin have cast doubts about its India tag.
RISE and FALL of housing prices in 20 cities
Housing prices in 9 cities across India have risen while it has dropped in 11 cities.
Investors RICHER by over Rs 1 lakh cr
Investor wealth on Tuesday swollen by over Rs 1 lakh crore on all-round buying in stock market after credit rating agency Moody's said India's outlook is stable and agreement over debt relief package to Greece that boosted markets globally.
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| November 27, 2012 | | Bangladesh factory blaze: Why Walmart is sorry
The fire at the Bangladesh garment factory once again brings to light the substandard and unsafe methods resorted by factories working for multinationals.
INVEST to make homes eco-friendly, reap rich rewards
Buying and installing the equipment are the major cost factors, which can be recovered in a few years.
India's Q2 growth likely to drop to 5.1%
According to a research report by Karvy Stock Broking, "the GDP growth for the second quarter of this fiscal is estimated to drop to nearly three and a half year low of 5.1 per cent."
Can SEBI do better than flogging the dead horses?
Investor bodies have been repeatedly making the point that suspending companies from exchanges only plays into the hands of the promoters who do not have any intention to service investors.
How Indian Railways plans to run BULLET trains!
The Indian Railways has joined hands with China for cooperation in developing high-speed rail corridors in selected routes in the country.
'London favourite tourist destination for Indians'
According to figures from the Mayor's official tourism and investment agency, London & Partners, the number of Indian tourists is now at a five year high, with 145,000 visitors in the first half of 2012 -- up 28 per cent from 113,000 in the same period last year.
10 most PROSPEROUS countries in the world
Let's take a look at 10 most prosperous countries in the world.
10 quotes REVEAL how Bill Gates became so rich
Let's take a look at some of his best quotes.
How Ponty Chadha built a Rs 10,000 crore business
Slain businessman Ponty Chadha built from scratch a Rs 10,000 crore business and forged close ties with many
Climate change talks: Has India Inc lost hope?
There is definitely lack of active participation from the industry, primarily due to the poor performance of the carbon credit market and the general negative sentiment in the economy.
GSK to spend $904 mn to lift stake in India arm
Open offer to increase holding to 75%, fails to enthuse institutional investors.
Etihad close to buying minority stake in Jet
The two parties have been in talks for a month and a half.
4 Indians among world's top business thinkers
Four Indian business thinkers have been featured in Foreign Policy Magazine's Top 100 Global Thinkers list.
Amazing IMAGES of Aston Martin's luxury cars
Aston Martin is famous for producing one of the most luxurious and beautiful cars in the world.
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| November 26, 2012 | | This is the biggest deal by an Indian company in 2012
ONGC Videsh and ConocoPhillips said the transaction is expected to close in the first half of 2013.
RIL demands freeing of gas pricing
RIL gets $4.2 per million British thermal unit for the gas produced from its KG-D6 fields in the Bay of Bengal.
PM to launch mission plan for electric cars soon
Govt will save Rs 30,000 cr in fuel by giving Rs 14,000 cr subsidy to industry for making electric vehicles.
India outsourcing BLAMED for $2.3bn loss by UBS trader
This is the third instance when outsourcing of key oversight jobs by global banks to India has come under the regulatory scanner abroad for ineffective controls against suspicious financial transactions.
Motorola Mobility shuts down India website
In August, firm had said it will shrink operations in India, lay off 4,000 employees worldwide as part of restructuring plans
Buying a smartphone? Be a wise geek
How does one pick the right smartphone out of the confusing array? Here's what you need to keep in mind.
INDIAN city among world's leading hubs for start-ups
Let's take a look world's leading cities for start-ups, including one from India.
Realty boom: How SAFE are Noida's skyscrapers?
Noida is going vertical with several high-rise luxury apartment complexes, malls and offices in the works. But are these safe?
How to understand our rights in the virtual world
Nearly 70 per cent of urban users access the internet for social networking in India.
Seven HOT spots for property investors
The list of cities that leading property consultants feel can give fantastic returns to investors based on the development in the area. These areas are not in any metro but could have proximity to one.
'Digital consumption is growing the fastest in India'
Interview with CEO and co-founder, Saavn
COLUMN: Fighting Delhi's smog
Although each vehicle has become cleaner, air quality remains poor because of the drastic increase in the number of vehicles
RIL insider trading case: Sebi plays spoilsport
Moves Bombay HC against CIC order issued in 'public interest'
India Inc in a rush to go abroad for funds
Lower bank rates the main draw; $6 bn to be raised in next few months.
India to thrash out rating issue with Moody's
Govt to strongly pitch for better rating, to argue India has successfully weathered its problems and govt capacity on growth remains high.
Mallya: Finest brain in India's spirits industry
With United Spirits all set to be acquired by Diageo, there aren't too many local spirits barons of significance and stature left.
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| November 23, 2012 | | IMAGES: Samsung launches 3G camera for Rs 29,900
Electronics major Samsung on Friday launched its 3G-powered Galaxy Camera in the country for Rs 29,900, which allows users to directly share pictures and videos on social networking sites.
Special: Videocon's big telecom GAMBLE
In the debate whether spectrum was over- priced or not, the focus seems to have shifted from Videocon's telecom gamble.
'Excessive workload as bad as joblessness'
Researchers led by Associate Professor Peter Butterworth from the Australia's National University said poor psychosocial job quality is measured by factors such as high job demands, low job control, poor job security and low job esteem.
PSU banks worth INVESTING even in this slowdown
Even as concerns over PSU Banks' asset quality and growth rates remain, there are few that offer a favourable risk-reward equation.
Airport test: How Google hires the BEST employees
Many things have changed in the company that has graduated from a Stanford dorm room in 1998, to a 33,000-employee powerhouse but the airport test has remained a constant.
The prices of these commodities will RISE
The southwest monsoon in 2012 might have left Indian shores a couple of months back after having a rather uneven run during the four-month season, but its after-effect in pushing up prices of onion , edible oils , pulses , potatoes and banana is likely to be felt all year long.
Unilever sharpens focus on emerging markets
Company plans to tap 75 per cent of revenues from emerging markets, from the current 53 per cent.
IMAGES: Here comes the new BMW X6 for Rs 78.90 lakh
The official prices of the two variants turned out to be pretty much what the market had predicted.
Toyota takes the battle to Nissan
Buzz around Innova Aero and cheaper multi-utility brands of competitors make the going tough for Evalia in a crowded market.
A tour of the NEW Google office in Toronto
Hailed as one of Toronto's greenest workplaces, Google generates 100 per cent of power for the office from clean green sources.
3 Indian cities see highest rental growth in world
Rental rates are increasing everywhere.
Karnataka: People living near gold mines at RISK
Cases of arsenic poisoning are on the rise in areas near gold mines in Karnataka.
STUNNING cars you would love to drive!
A look at gorgeous machines on display at one of the top auto shows in China.
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| November 22, 2012 | | Slowdown now hits education institutes
Low admissions, loan-funded capital expenditure pull down creditworthiness of many, with banks wary of lending.
More Free Trade Agreements, less red tape
Govt policy, not trade with Asean, stifles manufacturing.
'Books will be dead and become collectors' items'
There are over 1.5 billion people on the Internet today, but you have seen nothing yet, says Google's Nikesh Arora.
Images: WORST forms of child labour in Asia
While South Asia is still lagging in curbing child labour, South American countries like Brazil and Chile have made significant strides.
COLUMN: The soft power that India ignores
The spin-offs from providing some sort of formal training for the hospitality business are huge.
High gold prices let Indians feel richer, spend more
High gold prices let Indians feel wealthier and spend more, making monetary policy less effective.
West Bengal to raise Rs 3,000 cr from 'idle' govt land
To unlock about 80 acres of premium land in Kolkata, held by four state-owned transport companies.
Kejriwal warns govt on RIL gas rates
He also described Moily as Mukesh Ambani's agent.
No takers for Mukesh's RGTIL
Valuation slips on rights cancellation; OIL pulls out, GAIL puts plan on ice.
Climate change: 3 Indian cities face HIGH risks
Kolkata came in at seventh while Mumbai was in the eighth position and Delhi at 20th in the fifth annual 'Climate Change and Environmental Risk Atlas 2013', recently released by Maplecroft, a British firm specializing in risk analysis.
SPECIAL: Which way is the market headed
Different trading methods work better during different phases.
AI's Mumbai-London Dreamliner flight from next week
Dreamliner is a 256 seater plane with 18 business class seats and 238 economy class seats.
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| November 21, 2012 | | SPECIAL: Fish and a philosophy
A cooperative in Kolkata shows the way for urban sewage management.
BOOM for Maruti 800 in foreign markets
Even as Maruti Suzuki's once bread-and-butter M800 model is seeing interest wane among buyers in India, demand for the country's once most iconic car has shot up in markets abroad.
Subsidy BURDEN: Govt's petro bill turns a headache
Earnings fall, even as fuel subsidy outgo set to climb new high of close to Rs 1,00,000 cr.
All about Piaggio's top-down strategy
When Vespa returned to India, the excitement at the launch event in late April this year was understandable.
Cable TV digitisation opens up host of opportunities
Here's a look at how some businessmen plan to grab the opportunity.
'Let it snow', roars Jaguar in the US
Rivals have long been offering the feature, putting Jaguar's sedans at a competitive disadvantage in the US.
Vijay Mallya's twin hats draw criticism
Vijay Mallya was made a Member of Parliament's standing committee on chemicals and fertilisers earlier this year.
Chevrolet to LAUNCH 2 more cars in India, soon
Chevrolet started the year with Sail UVA hatchback and Enjoy MPV, and is the only automaker to have refreshed all its models within a span of one year.
NEW LAUNCHES: Find out changes made to 4 small cars
This festive season, manufacturers went all out to launch new cars and upgrade existing models to retain customer loyalty. The most exciting launches were in small car space. Find out if the upgraded cars do give buyers more bang for bucks.
Slowdown? These cars still have a LONG waiting period
While some carmakers are lowering their sales targets, Maruti Suzuki DZire, M&M XUV500 and Renault Duster are selling strong.
India's 20 most POWERFUL women in business
Chanda Kochhar has been named as the most powerful woman in business in India for the second consecutive year by Fortune Magazine.
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| November 20, 2012 | | India: World's 4th most 'vacation-deprived' nation
Indians come on the top when it comes to preferring work over vacations and they tend to either cancel their holidays for urgent assignments or to indulge in office work even on off-days.
Honda to 'Amaze' India with its first diesel model
Apart from considering a sports utility vehicle on its premium hatchback Jazz platform, using the same 1.5 litre engine that will power the entry level sedan Amaze, R&D officials of the company said they are also working on smaller diesel engines keeping in mind the Indian market.
New ultraslim Fossil watches @ Rs 4,995!
Fossil recently unveiled its latest collection of watches 'Georgia'.
Will Obama's moves HIT Indian IT sector?
Phaneesh Murthy, CEO, iGATE, is one of few businessmen who openly said Obama's re-election is not the best news for IT outsourcing industry.
India's credit drought might be here to stay
India is finally waking up to the fact that its credit drought might be here to stay.
Kingfisher turnaround plan likely this month-end
Bankers and the senior management are expected to convene another meeting later this month.
3 Indians in Fortune 2012 biz people list
The list has been topped by Amazon founder and CEO Jeff Bezos with Apple CEO Tim Cook coming in at the second place.
Obama worst US president for outsourcing: Bhagwati
Barack Obama is the worst US president as far as outsourcing is concerned, says Jagdish Bhagwati.
India's HIGHEST paid women executives
Kavery Kalanithi of Sun TV Group has retained her position as country's top paid business woman although her pay package declined to Rs 57 crore in 2012, according to Fortune magazine.
US fiscal cliff won't impact Indian IT: Nasscom
A fiscal cliff refers to the simultaneous expiry of tax breaks and the introduction of spending cuts.
It takes 8 years' savings to buy home in Mumbai, Delhi
Hyderabad, Pune most affordable to rent and buy.
10 hottest property markets in the world
Let's take a look at some of the major financial cities in the world.
SPECIAL: Should you invest based on analysts' calls?
Take note of aggressive ones, but don't base your investment decisions solely on these. Read on to know why...
LPG mess: Will you get more subsidised cylinders?
The domestic LPG business in the country, which caters to 133 million households, has undergone a sea of reforms in the current financial year, helping the government check the burgeoning subsidy bill.
Why Kejriwal calls NREGS a joke
NREGS has no place in the scheme of things that Kejriwal prescribes for the nation in his book Swaraj.
There is no AUSPICIOUS day for investing
While some investors follow fundamental research and price charts to invest in stocks, there some who rely on planetary movements to invest. Here are some heuristics investors resort to and ways to avoid it.
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| November 15, 2012 | | Petrol price reduced by 95 paise per litre
Oil companies have cut petrol price by Rs 0.95 per litre with effect from midnight tonight.
Govt to HANDHOLD stressed sectors: FM
Chidambaram said that government will work out a strategy to assist industry segments reeling under the impact of economic slowdown.
Asia still a bright aviation market despite slowdown
While China continues to be the largest engine for growth in Asia, other parts of the region were also seeing significant increases in demand for travel with a fast-expanding middle class providing a 'brighter outlook' for Asian carriers, the latest study by the Association of Asia Pacific Airlines has said.
Will Indians be better-off than Americans by 2060?
Let's take a look at GDP per person in 2011 and 2060 around the world, including India.
IMAGES: Two stunning electric cars from BMW
One of them, i-3, is a city car that the company will start selling in 2013. The other, i-8, is an electric sports car that will be available in 2014.
Mobile handset sales: Who are the toppers?
Despite a 3 per cent dip in global mobile phone sales to 428 million units in the third quarter, smartphone sales jumped a full 47 per cent, according data released by research firm Gartner.
Fiscal cliff: Obama talks tough once again
Emboldened by a victory at the hustings, Obama made it clear that the wealthiest Americans would have to pay higher taxes and tax breaks for middle class should stay.
India's IT sector faces tough times
In its mid-year review, the software association Nasscom has revised its forecast for software and services exports (IT & ITeS) for the current fiscal year of 2012-13 to 11 per cent, from the 11-14 per cent range indicated at the beginning of the year.
Can Vikram Akula do a Jobs with SKS?
The storyline pretty much resembles that of Apple co-founder Steve Jobs, who was fired from the company in 1985.
Can HUL take over L'Oreal's hair care market share?
By targeting the salon-going consumer through Tresemme, Hindustan Unilever is taking its premiumisation agenda to the next level.
STOCKS: Where should you put your money this Diwali?
As investors struggle to find quality stocks following the sharp rise in the benchmark indices, four brokerages give their picks.
What does the new Samvat hold in store for markets?
At first glance, the last samvat the year as reckoned by the lunar calendar, from one Diwali to the next has seen decent gains for equity investors.
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| November 14, 2012 | | India's requests for web content removal rises
Indicating a growing trend of the government surveillance of internet activities of people and organisations, India sought confidential web user details in as many as 2,319 cases from Google in the first six months of 2012.
Sensex likely to touch 24,000-mark in Samvat 2069
Samvat 2069, which will run till next Diwali, is likely to see smart gains in the Indian benchmark indices with the Sensex likely to surpass 20,000-mark and trade in the range of 22,000-24,000 zone over the next one year, say experts.
'Global rating agencies are like restaurant critics'
Standard and Poor's in its report on October 10 had said that there was one-in-three likelihood of rating downgrade for India in 24 months if 'the country's economic growth prospects dim, its external position deteriorates, its potential climate worsens, or fiscal reforms slow'.
No salary: Kingfisher employees in a limbo
Kingfisher Airline employees, who have not received their May salary despite an assurance from the airline management, are likely to chalk out an action plan next week, if they do not receive their dues by November 17.
Bonded labour practice thriving in modern forms
Practice has been outlawed but evolving structure ensures that it proliferates in modern forms.
When public debt turns not only risky but toxic
There are both similarities and differences between euro-zone public debt today and mortgage-backed securities in 2007.
SPECIAL: Navin Jindal's toughest hour
A look into the controversies the 42-year-old chairman and managing director of Jindal Steel and Power has battled in the last six months.
Taj's global ambitions: Much room for improvement
Indian Hotels Company reported a 29 per cent increase in net loss in the first half of this year.
Why India Inc will report LOWER earnings next quarter
The government is the biggest consumer and investor in the economy. And once it starts cutting back on expenditure to bring down fiscal deficit, it will affect corporate earnings.
Are legislative HURDLES over for FDI in retail?
The question is not whether FDI in multi-brand retail is desirable or not, but whether the rules of conducting business in Parliament need to be reviewed.
For rich Indians, no pause button on spending
Indians are indeed spending big on luxury cars, plush homes and taking more foreign trips than before.
Gujarat's growth model better than other states: CLSA
Gujarat has a far better chance, according to analysis by research firm CLSA, of sustaining its high growth trajectory in the next few years as compared with competing states such as Maharashtra and Tamil Nadu.
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| November 11, 2012 | | Afghanistan beckons Indian industry with red carpet
Afghanistan is ripe and ready for more investments from India and offers a lot of opportunities.
Hotels, airline tickets set to PINCH pockets
Though prices of airline tickets have risen over the previous two quarters, this hasn't dampened customers' spirits.
M&M unlikely to go aggressive
Mahindra & Mahindra would not be an aggressive bidder to take over Aston Martin.
Govt says acting on black-money holders' list
Kejriwal had alleged Mukesh Ambani, Anil Ambani, Naresh Goyal and some members of Dabur Group's Burman family had secret accounts in HSBC.
FM to meet state CMs, banks to review credit flow
Chidambaram will look at recovery issues with state govts, pending projects, and flow of credit to micro & small enterprises, weaker sections and minority community.
Sensex: Short-term bias seems negative
The Sensex rallied to a high of 18,973 in mid-week trade, rising about 220 points from the previous week's close.
FMCG shows signs of a let-up with volumes slipping
Second quarter numbers hint at a rocky road ahead with a slowdown in discretionary categories set to continue.
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| November 09, 2012 | | Biggest deals in India: Diageo-United Spirits tops
UK-based Diageo's acquisition of 53.4 per cent stake in Vijay Mallya-led United Spirits for Rs 11,166.5 crore ($2 billion) could be the biggest inbound M&A deal so far this year.
Once an export hub, Tirupur is today a ghost town
A series of events brought South India's largest garment export hub to its knees.
Pre-paid cards: BEST for the festive season!
For all those who face a tough time choosing gifts, a pre-paid gift card is an excellent option.
Fiscal consolidation: How REAL is it?
Despite earnest government statements, fiscal correction is still distant.
Some cheer for Mallya: United Breweries' profit rises
United Breweries Ltd on Friday posted a net profit of Rs 34.2 crore (342 million) for the second quarter ended September 30, as against Rs 19.5 crore (195 million) in the year-ago period.
Don't STIFLE outsourcing, India tells America
US do not commit, but says outsourcing should create more jobs in both countries.
US explores treaty to nail tax defaulters in India
Through these engagements with more than 50 countries, the US is looking to implement information reporting and withholding tax provisions, commonly known as the Foreign Account Tax Compliance Act.
Why Rajat Gupta's sentencing is balanced
The 15-page judgment is amazingly lucid, elegant and balanced.
Retail FDI game may not be over
Spanner may have been thrown in the government works on foreign direct investment in multi-brand retail.
COMPLAINTS: Which bank tops the list?
State-run banks accounted for nearly two-third of the customer complaints received during the last financial year, the Reserve Bank of India (RBI) on Thursday said in its report on trend and progress of banking in the country.
How SLUM dwellers contribute to Bangalore's economy
A study has found that the poor households earned a total of Rs 1,545 cr, spent a total of Rs 1,185 cr, and contributed a savings of Rs 360 cr to the city in 2011.
How China plans to REVIVE its sluggish economy
Chinese President Hu Jintao on Thursday promised speeding of political reforms and the creation of a new growth model to revive the country's sluggish economy and doubling the GDP by 2020, as he opened the historic Communist Party Congress that will see a change of guard at the top.
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| November 08, 2012 | | HSBC pegs FY14 GDP at 6.9% on reform push
HSBC on Thursday said the Indian economy, which is projected to grow at 5.7 per cent this fiscal, is likely to grow at a faster pace next fiscal at 6.9 per centfollowing the recent spate of policy reforms.
Telecom industry needs to hike call rates: Airtel
Telecom market leader Bharti Airtel on Thursday said the industry will need to raise tariffs as margins of operators are getting hurt at the current rate but ruleditself out to be the first to take the step.
IT sector CHEERS Obama re-election
Industry players, analysts and Nasscom do not see any negative implication on the industry.
How Obama's VICTORY will affect Indian stock markets
On the day Obama won, Indian markets reacted positively; even IT stocks gained. Will the trend continue?
Why Tatas want to acquire Orient-Express?
It will expand their footprint radically, give them a huge presence at the top end of the market, and reduce their dependence on India.
CHALLENGES Nestle faces in India
Nandu NandKishore, executive vice-president Nestle S.A., discusses the challenges the company faces in India and future plans for the country.
95 companies using stock market to fund terror
Home Minister's statement regarding the investment of terrorist funds in the stock market is yet another wake up call.
Commodity prices RISE on Obama's victory
Barack Obama's re-election as the President of the United States has proved favourable for commodities markets amid hope that the recently announced third round of quantitative easing (QE3) for brining liquidity into the financial system would continue in future as well.
IIT fee rise: Too little, too late
Some say it's overdue and the fee is far less than institutions elsewhere; others argue it would burden students.
Has gas pricing policy been MISHANDLED?
A market-determined price is the best option but the Constitution makes it clear that natural resources are a national asset.
Cognizant widens its gap with Infosys
Beats estimates with 22 per cent increase in net profit.
New BMW 7 Series will be LAUNCHED in 2013
Sources said that BMW India is not going to upgrade its flagship 7 Series sedan in 2012.
Skoda's popularity a HUGE concern for Volkswagen India
Volkswagen said that it will reposition Skoda brand in India, to align with its global practice. This means, the company wants to move Skoda brand down the pecking order; and reduce price of the cars sold under the brand name.
Countries with the BEST Internet speed in the world
Global average connection speed once again saw a solid quarter-over-quarter increase, growing 13 per cent to reach 3.0 Mbps.
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| November 06, 2012 | | COLUMN: Why we must welcome FDI in retail
It is a myth that FDI in retail will kill at local kirana stores.
India's FALL from grace
If Manmohan Singh's new reform push is sabotaged, it may be time for radical solutions, like greater decentralisation.
With MNCs in retail, farmers LOSE, consumers gain
Weidlich said that India failed to take Ayurveda and Siddha medicines to the world market.
The A to Z of India's most controversial sector
Familiarity with the alphabet is important to understand the language of the country's most controversial sector.
Invest in gold; Prices don't matter
Besides being an investment instrument, it is hedge against inflation and store of value.
Focus on growth, beware of European headwinds: Basu
Nation will not be immune to 2014-15 European banks debt obligations, says Kaushik Basu.
Why is Rajat Gupta less equal than others
If Gupta had given Raj Rajaratnam information that Goldman Sachs was going to get an investment from Warren Buffet (and suppose, if Rajaratnam had not sold an already long position in Goldman stock based on this material, non-public information), would this have amounted to a criminal offence on Gupta's part?
FII share in top 100 firms at 6-yr HIGH
Foreign institutional investors have raised their stakes in India Inc by acquiring close to two of every five equity shares held by the in the top 100 listed firms.
Telecom firms HANG UP on CDMA spectrum
Tata Teleservices Ltd has decided to pull out of the upcoming 2G spectrum auction, leaving no takers for spectrum in the CDMA 800-MHz band. This will deprive the government of around Rs 18,300 crore.
World's top 20 investment hotspots: India at No.4
India has emerged as one of the top five investment destinations in the world.
How to plan for HEALTH-related expenses
You need to start much early considering costs have risen 40-70% in just five years.
Should you HOLD on to a controversial company's stock?
Often, the stocks of companies mired in controversy continue to do well. What should you do?
Mukesh Ambani among the world's 30 RICHEST
Let's take a look at the 30 richest businesspeople.
How Henry Morgan built an ICONIC car company
What initially started off as a car garage and dealership later went on to become a full-fledged automobile manufacturer.
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| November 05, 2012 | | Morgan Superdry: Is it BIKE or CAR? You decide
The Morgan 3 Wheeler is a rider's car. It is in essence a motorcycle with an additional wheel.
India to be among top 10 pharma markets globally by 2020
Experts believe that the industry has the potential to grow at an accelerated 15-20 per cent CAGR for the next 10 years to reach between $49 billion to $74 billion in 2020.
How jobs will determine the US election
The latest report, out Friday and the last before the final voting on November 6th, shows US economy added 171,000 jobs higher than the 125,000 expected.
Indians get the taste of new Apple with iPhone 5
Apple's latest smartphone, the iPhone 5, has made it to Indian markets 42 days after its US launch.
Why Gupta's sentencing SHOCKED Indian businessmen
If Sebi had adjudicated Rajat Gupta's case, he would have got off with a mild fine or probably the charges would have been dropped, not in spite, but because of his impeccable track record.
Why Wipro's business is under STRESS
T K Kurien believes the company is on the right track.
How to make your PORTFOLIO inflation-proof
With the average WPI-based inflation at 7.5% and CPI-based one above 10%, a bit of aggression is required to beat inflation. Four experts give their views.
ICICI Bank starts 'cash back' on home loan EMIs
Now you can get 'cash back' for paying the monthly instalment on your home loan.
Buying electronic goods on EMIs doesn't make sense
Check for hidden costs such as processing charges, especially for products below Rs 50,000.
How I missed the bus: Nusli Wadia
In this interview -- his first in over three years -- Wadia also talks about the road ahead for his group.
Jet eyes bigger share of global passengers
Jet Airways plans to increase capacity on international routes by reconfiguring existing aircraft and adding new ones.
17 companies that spend the MOST on research
Some companies spend a lot on research and development to stay ahead in business.
A look at economic destructions caused by hurricanes
Superstorm Sandy is the latest hurricane to leave a trail of both human and economic devastation in the United States.
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| November 02, 2012 | | DIGITISATION helps broadcasters, more than consumers
Post digitisation, broadcasters will be able to cut down their revenue loss, and it's the customer paying for set top box.
Corporates to cut gift budget by 50% this Diwali
Indian corporates will cut their budget for Diwali gifts by about 50 per cent this year due to high inflation and shrinking profit margins, a survey by industry body Assocham said.
Orient Express posts profit, reviewing Tatas' offer
Swinging back into profit for the third-quarter with net earnings of about $18 million, luxury hotel chain operator Orient Express on Friday said it is consulting financial and legal advisors on the Tata group's takeover bid and will reply to the offer in due course of time.
COLUMN: Why RBI should embrace speculation
Indeed, the average volatility of the rupee since January (10.6 per cent, up substantially from 6.8 per cent in 2011) has been higher than that of the euro (9.5 per cent, down quite a bit from 11.4 per cent in 2011) -- the first time this has happened in at least 10 years.
Countries with BEST financial infrastructure
A report on countries with best financial system in the world based on seven parameters including - institutional environment, business environment, financial stability, banking financial services, non-banking financial services, financial markets, and financial access.
Madi, Gauss, Flame: Year's most sophisticated malware
In 2012, the most significant of the cyber espionage incidents were related to the activity of Madi, Gauss and Flame malware.
Lessons from Delhi Airport Metro's crisis
At one level, the ongoing tussle between the Delhi Metro Rail Corporation (DMRC) and the Anil Ambani-controlled Delhi Airport Metro Express Pvt Ltd (DAMEPL) may confirm the misgivings of those who think public-private partnerships (PPPs) are a risky way of bridging the infrastructure gap.
Wipro net up 24% to Rs 1,611 crore
Total income from operations during the reporting quarter stood at 10,620.3, against Rs 9,064.5 crore in the July-September period of last fiscal, an increase of 17.16 per cent.
Which nations received the HIGHEST FDI?
Foreign Direct Investment to Asia reached record heights in 2011, according to the United Nations Conference on Trade and Development (UNCTAD) World Investment Report 2012.
'I almost felt the weight of India on my shoulders'
Vijay Govindarajan, a shy Harvard student who became one of America's most respected professors, speaks to Arthur J Pais about turning the traditional outlook on innovation on its head.
Images: He is the all-time RICHEST Indian
Although the list spans 1,000 years, some aspects of wealth appear consistent throughout history; there are no women on the list, only three members are alive today, and 14 of the top 25 are American.
Two Indians among world's best business professors
Let's take a look at some of the best B-school professors in the world.
No proposal to hike RIL gas price till 2014, says govt
IAC activist Arvind Kejrival yesterday claimed that Jaipal Reddy was shunted out of petroleum ministry due to his opposition to gas price revision.
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| October 31, 2012 | | Wall Street reopens after two-day shutdown
The New York Stock Exchange was back in business on Wednesday.
How smartphones stretch our working days
The study suggests that by giving users round the clock access to emails, the all-singing, all-dancing mobile phone adds as much as two hours to their working day.
Column: Why most of our heroes turn out to be CORRUPT
Everyone feels that they have to compromise on their values due to greed of others.
Mobile handset sales top 100 million units
The second half of CY 2012 continues to see launch of a number of high value, aspirational smartphone models.
Govt will try to restrict fiscal deficit to 5.3%: FM
The strategy to achieve the target would be to maximise revenue collections and control expenditure, Chidambaram said, while seeking support of the political parties to deal with economic and financial problems facing the country.
IMAGES: Meet Taigun, Volkswagen's mini SUV
The VW Taigun made its world premiere in Brazil, and is perhaps a Volkswagen Golf, in emerging markets.
How long can RBI maintain status quo on policy rates?
Bank lending has seen a significant fall. RBI needs to bring liquidity into the system immediately.
Then and Now: Glimpses of China's success story
China is the world's fastest-growing major economy, with growth rates averaging 10% over the past 30 years.
SPECIAL: How Indian Railways can be turned around
The new railway minister's biggest contribution would be to allow the technocrats in the Indian Railways to function freely.
Wadia succession plan puts Jeh in driver's seat
Most group firm MDs will report to Nusli Wadia's younger son.
Cherrapunji, a HOTSPOT for international companies
Known for being the wettest place on earth, this sleepy town near India-Bangladesh border in Meghalaya has attracted some top-notch companies of the world who test their products there.
No difference between RBI and finance ministry: Subbarao
Interview with the Governor of Reserve Bank of India.
12 countries where women get the BEST deal
Let's have a look at 12 where women get the best deal.
Now, wear your baggage to save extra charges on flights
An Irishman has come up with a bizarre new "wearable luggage" that can hold a total of 15 kg of luggage and can help you beat the baggage charges levied by budget airlines.
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| October 30, 2012 | | Subbarao defends policy stance, warns of 8% inflation
RBI Governor Duvvuri Subbarao on Tuesday defended the bank's decision to keep the key policy rate unchanged saying inflation could rise to above 8 per cent in the near-term.
Now, pesky messages bother the Telecom Minister!
The Trai recently issued a consultation paper to seek public views to strengthen regulations to check pesky calls and SMSes.
Indian consumer confidence down in Q3
The levels of optimism reported by Indian respondents this quarter are three points lower than the third quarter in 2011, where India was leading the global sentiment at 121 points, Neilsen said in a statement.
Kingfisher revival plan: Mallya meets civil aviation secy
The services of Kingfisher can be restored only after the DGCA is convinced that the carrier can provide safe and sustainable operations.
Telecom auction: Flop show or success?
GSM operators say upcoming auctions will be a dud, while govt hopes to rake it in.
Why RBI cut GDP forecast to 5.8%
Indian economy recorded a growth of 5.5 per cent in the first quarter of 2012-13.
A look at FACILITIES Rajat Gupta will enjoy in prison
His prison, at Otisville, figures in Forbes 2009 list of the 10 cushiest prisons in the US.
4G can bring the next telecom REVOLUTION
Despite the infamous scams and taints that the industry has faced, each Indian can claim to be a proud beneficiary of the country's telecom revolution.
Vijay Mallya denies deal with Diageo
There is no way out for Mallya's debt problems unless he sells some of his stake, says an analyst.
Companies CAUTIOUS on hiring; await better scenario
IT, ITeS, production, manufacturing, engineering, construction, real estate, automobiles, logistics and retail, among others, are expected to see better hiring trends.
Orient-Express likely to spurn $1.8bn Tata offer
Firm's board expected to meet by Thursday to take a call on the offer.
RBI cuts CRR to inject Rs 17,500 cr, rates unchanged
The Reserve Bank has kept the key policy rates unchanged, while the Cash reserve Ratio (CRR) has been cut by 25 bps to 4.25%.
How DTC may bring relief on I-T rates
At a press conference on Monday, Finance Minister P Chidambaram said when the final version of the Bill was tabled in Parliament, the government would abide by the recommendations of the parliamentary standing committee on DTC.
FM sets fiscal road map; RBI sings growth tune
Market hopeful of cash reserve ratio, interest rate cut today.
Is India becoming irrelevant to US?
India's trade practices, also singled out, once, as "unfair", are no longer even mentioned.
Reaction to Gupta shows maturity that India lacks
Nuanced US reaction to Rajat Gupta's fall shows greater maturity than the extremes we go to in India.
Audi S6 set to hit Indian roads soon
Audi S6 is the sporty and more power-packed version of the fascinating luxury sedan, Audi A6.
Don't get CONNED: Insurance is not investment
Agents are still misleading consumers by suggesting insurance products are good investments.
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| October 29, 2012 | | RBI cuts growth forecast to 5.7%, rate cut likely
In its macroeconomic review report, the RBI has cut FY13 GDP growth forecast to 5.7% vs 6.5%.
New Railway Minister hints at fare hike
New Railway Minister Pawan Kumar Bansal on Monday gave ample hint of a possible passenger fare hike to improve services in the railways.
Want financial freedom? Decide the goals
In spite of having sufficient money, the absence of direction leads to losses.
Microsoft targets Google, Apple with Windows 8
Windows 8 is Microsoft's most powerful attempt to expand the once-ubiquitous operating system's reach.
New rules for Indian generic drug makers
Regulator says fee would enable it to quicken approval process.
Which is the best tablet in the market? Find out...
A comparison of the latest tablets in the market.
Richard Branson lauds the efforts of India's airlines
Interview with Virgin Group owner.
Rajat Gupta's remarkable rise and inexplicable fall
Rajat Gupta, an important man with exemplary personal qualities, falls to disaster because of a combination of a personal failing and circumstances with which he cannot deal.
What Fortune 500 cos can learn from Tatas, Godrej
Interview with The Insead chaired professor of 'Marketing and Innovation'.
Chidambaram unveils road map for fiscal consolidation
Worried over high budget deficit derailing growth, Finance Minister P Chidambaram on Monday unveiled a five-year road map for fiscal consolidation to promote investments, contain inflation and take India to high growth trajectory.
IMAGES: iPhone 5 to be launched in India on Nov 2
The thinnest and lightest iPhone, has been completely redesigned to feature a new 4-inch Retina display; an Apple-designed A6 chip for blazing fast performance; and ultrafast wireless technology with a better battery life.
SPECIAL: What the Rajat Gupta trial teaches us
When important people are involved in insider trading, only quick and firm action against them sends a powerful message.
One withdrawal from PF can cost you Rs 21 lakh
Withdrawing the amount each time you move job(s), or otherwise, can make a huge dent in your retirement corpus.
If more women were employed, India's GDP would rise 27%!
Nearly one billion women around the world could enter the global economy during the coming decade.
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| October 28, 2012 | | Odisha to scrap IT park pact with K Raheja
The Odisha government had entered into a memorandum of understanding with the K Raheja Corporation in 2008 for setting up an IT park in the Mancheswar industrial estate area
Raghuram Rajan moves up the ladder
Rajan has shifted from the conventional ground floor room occupied by CEAs to a room on the first floor, adjacent to Chidambaram's office.
Desh Deshpande to shut Silicon Valley venture
The Nasdaq-listed company, which develops and markets bandwidth management solutions for fixed line and mobile network operators worldwide, shot into fame during the earlier technology bubble with market capitalisation at one point of time touching as high as $18 billion.
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| October 26, 2012 | | Virgin Atlantic to RESTART Mumbai-London flight
It would also fly to Hyderabad, Bangalore and Goa as and when it gets the approvals.
Phaneesh Murthy: Obama cannot stop IT outsourcing
Indian IT companies have played a big role in making US companies more competitive and have created more jobs than taking them away.
Rajaratnam seeks reversal of conviction
Rajaratnam's appeal against his conviction comes a day after a federal judge sentenced his friend and business associate Indian-American Rajat Gupta to two years imprisonment for leaking boardroom secrets to him.
Citi chairman planned Pandit's OUSTER for months
O'Neill told Pandit in an "abrupt encounter" at the end of the day on October 15 that "the board has lost confidence in you".
India is biased against new telecom players: Anil Ambani
In his letter dated October 11, written before the last EGoM meeting, Ambani has said the government would incur a loss of at least Rs 35,000 crore if the EGoM had decided to charge for excess spectrum beyond 6.2 MHz only prospectively from 2012, and not from 2008.
Kingfisher readies revival plan; mgmt, DGCA in talks
The license of Kingfisher was issued on August 26, 2003, and is valid till December 31 of this year.
Lessons that the Rajat Gupta case holds for India
The two bigger takeaways from this case for Indian regulators and enforcement agencies are the speed and efficiency with which it was concluded.
Why Sanjeev Goenka is foraying into IT biz
Limited opportunities in his 100-year power business might have prompted Sanjiv Goenka to enter a new business area, but there could be other growth plans up his sleeve.
SPECIAL: How platinum is taking on gold
Dussehra began with platinum jewellery sales scoring over gold ones, amid expectation of a higher potential of price spurt in the white rare metal.
All about index funds and COSTLY errors
Even funds don't promote these as low-cost options.
'Only 1 in 4 Indians holds full-time job'
Workers aged between 15 and 30 years are five times more likely to remain unemployed and twice as likely to be under-employed.
Rates: Why the Reserve Bank is in dilemma
The Reserve Bank of India's dilemma over rates is its alone.
BSE, NSE among top 10 exchanges in Asia-Pacific region
Tokyo SE Group topped the list followed by Hong Kong Exchanges, Shanghai SE and Australian SE in the top-four. The Indian bourses are fifth and sixth.
10 best countries to start a business
Let's take a look some countries that are best when it comes to growing business.
REVIEW: What's new in the latest Chevrolet Spark?
The car has a more powerful engine compared to its competitors and give a mileage of 18kmpl.
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| October 25, 2012 | | ONCE AGAIN! Petrol, diesel to cost more
Petrol price is to go up by 30 paisa per litre, diesel by 18 paisa as government decides to hike petrol pump dealers commission.
PM panel expects 6% GROWTH in current fiscal
The Indian economy grew at a faster pace of over 8 per cent in two consecutive fiscal before falling to a nine year low of 6.5 per cent in 2011-12.
Five Indian firms on 50 most INNOVATIVE companies
The companies include Larsen & Toubro, Hindustan Unilever, Infosys, TCS and Sun Pharma
US visa programme puts consultants on OVERDRIVE
The government is looking for 10,000 immigrants each year under the EB-5 visa programme. Last year, 2,408 Chinese immigrated under the scheme compared to 37 Indians
The 11 richest Indians in Forbes list
Forbes' annual ranking of 100 wealthiest Indians was released on Thursday.
Rajat Gupta's sentencing: A lesson for others
The Indian Institute of Technology and Harvard educated former McKinsey head is one of the most prominent Wall Street titans to be charged by fellow Indian and Harvard alumnus Bharara.
I lost my reputation, says apologetic Rajat Gupta
Gupta, 63, read from a prepared statement for six minutes before being sentenced.
Companies GEAR UP for brisk festive sales
Unlike last year, when sentiment was low, government's reform push and stable rupee this year is bringing consumers back to stores.
'Rajat Gupta hasn't really lost the trust'
The Silicon Valley people, who knew former McKinsey chief Rajat Gupta, reacting to the two-year jail term imposed on him for insider trading, said what happened is a tragedy, horrible and sad, but also feels Gupta will be back.
Zero tax: What the 'happiness economist' has to say
The 78-year old British economist tells Business Standard about his research that the so-called 'zero tax' is not the most efficient at least when it comes to happiness.
Judge shows leniency while sentencing Rajat Gupta
Showing lenience and also appreciation for his humanitarian work, Judge Jed S Rakoff of the Federal District Court in Manhattan handed a two-year prison term to Rajat Gupta, former head of McKinsey and Co and also a former director of Goldman Sachs and Proctor and Gamble for leaking insider information.
A corporate honcho's stunning FALL from grace
The Diwali of 2011 saw Gupta surrender himself before the FBI after charges of insider trading were filed against him by Manhataan's top federal prosecutor India-born Preet Bharara.
Rajat Gupta's American dream turns sour
No one knows what Rajat Gupta gained from leaking insider information to Raj Rajaratnam. The irony is that he did not make any money.
Wall Street's most high profile executive sent to jail
A criminal case was filed against Gupta by the United States Attorney's Office on October 26, 2011 for insider trading.
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| October 24, 2012 | | A corporate honcho's stunning FALL from grace
The Diwali of 2011 saw Gupta surrender himself before the FBI after charges of insider trading were filed against him by Manhataan's top federal prosecutor India-born Preet Bharara.
FIIs buy Sensex shares worth over $4-bn in July-Sep
Push the broader market Sensex to surge over 1,300 points or more than 7% during the period.
Oil Min approves RIL's plan to raise KG-D6 production
Agrees with RIL's stand that CAG cannot do a performance audit of the company.
Kingfisher staff want 4 months pay in lumpsum by Friday
Say chief executive's claim is grossly incorrect and as many as 90% of the employees have outrightly rejected the offer.
I'm not an absconder: Mallya
The airline's pilots and engineers at Delhi, Bangalore and Chennai have rejected the three-month salary offer.
Rajat Gupta to be sentenced on Wednesday
Will Judge Jed Rakoff be swayed by the former Goldman director's influential well-wishers or will he deliver stiffer punishment?
PIX: Sunset for Mumbai's famous black and yellow taxis
The black and yellow cabs, hired by millions of people in Mumbai for nearly half a century will fade away into history.
SEBI to outsource truck-load of Sahara job
The cost of such a project, say industry sources, could come to around Rs 100 crore.
IN PIX:10 fastest-shrinking cities in the world
Twenty-eight cities are on track to shrink between 1990 and 2025.
The alarming picture of poverty in India
One in three of the world's malnourished children is in India, more even than in sub-Saharan Africa, according to a United Nations study.
Can SUZLON ride out the storm?
The latest crisis in the form of default to bondholders can be a crippling blow.
Commercial realty to pick up MOMENTUM in 2013
Consultants expect the sector to grow 20-25% next calendar year.
IMAGES: Chevrolet Spark facelift REVEALED!
It gets new colour options, revised front and rear fascias, re-shaded interior and a newly designed instrument cluster.
Relationship manager is NOT the best advisor
They hawk the 'best loan, credit card, insurance products, forex deals'... but you may not need them.
Tata Nano: DOWN but not out
Tata Motors is trying hard to popularise the car and increase it sales. Will the renewed efforts deliver?
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| October 23, 2012 | | Festive sales: New Alto bookings cross 21,000
Buoyed by good response to its new Alto 800, which has touched 21,200 bookings within a week of launch, Maruti Suzuki India is looking to cash in on the ongoing festive season sales.
Poor are honest borrowers: Chidambaram
The minister said while big corporate houses can easily get loans of even of Rs 1,000 crore (Rs 10 billion), the poor face problems.
Investors on a buying spree of Kingfisher scrips
The foreign institutional investors have more than doubled their holding to 2.46 per cent stake in Vijay Mallya-led UB group's Kingfisher Airlines, while small individual shareholders hiked their holding significantly to 17.59 per cent during the quarter ended September 30.
Obama-Romney debate: Financial issues dominate
With the argument that a nation needs to be economically strong to be a successful world leader, the Republican presidential candidate was the first one to inject domestic and economic policies into the debate.
TCS' N Chandrasekaran says growth will beat estimate
For two consecutive quarters, Tata Consultancy Services has recorded volume growth of five per cent, leaving its peers behind.
Why now this hue and cry over spectrum pricing
The biggest players in the country's telecom industry had all managed to secure more than their authorized share of spectrum and would have to pay for it, has been in the public domain for some time now.
How inflation eats into your retirement plan
After 15 years, the value of Rs 1 crore reduces to Rs 36 lakh only.
Zee's Subhash Chandra wants to be a global player
Zee's revival taught him that professionalising is fine but shareholders can never forfeit responsibility.
'Walmart contributes to increase in poverty'
FDi helps a tiny minority in our country, says Hema Swaminathan, Assistant Professor, Centre for Public Policy, Indian Institute of Management-Bangalore.
World's LARGEST mobile operators, Bharti Airtel is No.4
China Mobile extended its lead as the world's largest operator group, growing connections by 11 per cent year-on-year to 683.1 million.
The Walmart protests that India IGNORED
Given a history of labour issues, the latest protest in US Walmart stores is important.
Are you ready to be an entrepreneur?
Be ready with a financial kitty for at least a couple of years. Here's some help on how to proceed.
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| October 22, 2012 | | Mumbai realtors offer GOODIES to woo buyers
New development rules trigger rush of festive-season launches, firms also offer goodies to woo buyers.
Infosys vs TCS: Which company performed better?
The second-quarter results of the major Indian software companies threw up few surprises.
Havin coffee @ India's 1st Starbucks : )!
Starbucks opened its coffee shop, ever, with locally sourced and roasted beans, in Mumbai. and Rajesh Karkera were there when the American coffee chain commenced operations.
Does development mean traffic, dust, garbage?
Growth is happening faster than we ever imagined. Construction is booming and expansion is gobbling agricultural land.
Why you should NOT buy a car this festive season
Discounts on cars would be higher in the December-March period, new models would be on offer.
India Inc to see REVIVAL in earnings growth
The sample, however, is still small as it includes only six of the 30 Sensex companies - Infosys, Reliance Industries, HDFC Bank, TCS, ITC and Bajaj Auto - that have declared results so far.
Mumbai's Alibag a hotspot for the rich
Plots costing Rs 400-Rs 2,000 per sq ft provide options for almost everyone.
Why did it take so long to suspend Kingfisher?
Kingfisher has hastened to point out that a suspension was not a cancellation.
New technology can produce 'petrol from air'
A small British firm claimed to have developed a revolutionary new technology that can produce petrol using just air and electricity.
Top 10 emerging business hotspots: Ahmedabad tops
At roughly Rs 71,270 crore, Ahmedabad saw the highest volume of investment by various companies in last two years among top 10 emerging business destinations, said global real estate consultancy, Cushman & Wakefield (C&W).
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| October 20, 2012 | | Bankers concerned over Kingfisher losing licence
Bankers concerned over Kingfisher losing licenceKingfisher lenders, including SBI, on Saturday expressed concerns over the airline losing its licence to fly, but said recovery of loans through sale of its assets is the last option."... we are concerned as we have no control on these developments.
Orient-Express to be a value buy for Tatas
Indian Hotels' ambitious bid to acquire Orient-Express Hotels (OEH) has disappointed the Street. However, this might be a knee-jerk reaction.
Posco seeks extension of in-principle nod for its SEZ
The multi-product SEZ will bring in more than Rs 2.11 lakh crore of net foreign exchange in 30 years.
Breather for telcos on spectrum fee
In a relief to the incumbent telecom operators, who have more than 6.2 MHz spectrum, the department of telecom (DoT) on Friday clarified the retrospective fee on spectrum beyond 6.2 MHz would be calculated based on the 2001 auction price, indexed to the prime lending rate (PLR) of a state-owned bank.
Kingfisher must satisfy DGCA on safety: Ajit Singh
Ailing Kingfisher Airlines will have to satisfy aviation regulator DGCA about safe flight operations and also make sure that its employees are not disgruntled before it resumes its services, Civil AviationMinister Ajit Singh said.
DGCA SUSPENDS Kingfisher's license
Aviation regulator DGCA on Saturday suspended the flying licence of beleaguered Kingfisher Airlines for failing to come up with a viable plan for its financial and operational revival and resolve the impasse withits employees over payment of their salary dues.
PM launches Aadhar-enabled service delivery system
With UPA facing allegations of corruption, Prime Minister Manmohan Singh on Saturday said his government wants to use new technology to curb dishonesty and bring transparency in governance.
Airtel launches 4G service in Pune
After Bangalore and Kolkata, Bharti Airtel launched Airtel postpaid 4G services in Pune, the first 4G service in Maharashtra.
Shortage of air traffic control officers in India
With burgeoning air traffic, India could soon face a severe shortage of air traffic control officers (ATCOs), a top aviation official said today, asking the Airports Authority of India to take immediate steps torecruit them in large numbers.
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| October 19, 2012 | | TCS' net rises 49.2% to Rs 3,434 cr
The company's consolidated revenue was up 34.3 per cent at Rs 15,621 crore (Rs 156.21 billion) for the second quarter.
Coffee major Starbucks finally lands in India
This flagship Starbucks outlet will have place for upto 150 people.
India among HAPPIEST nations, China way behind
The Happy Planet Index (HPI) 2012 report, released in June this year, confirmed that the world is still "not a happy planet" as no country is able to combine success across the three goals of high life expectancy, high experienced well-being and living within environmental limits.
Air India staff to raise banner of revolt again
Though no strike threat has been given, a joint forum of eight Air India unions representing different sections of staff of the national carrier has said they would soon start wearing black badges, take out silent marches and rallies, hold gate meetings and adopt a 'No pay, No work' policy.
What made Jhunjhunwala buy into DB Realty?
There is a convincing fundamental story in the real estate firm, despite legal problems.
OECD wants India to unleash more reforms
OECD wants India to reduce trade and FDI barriers, and issue more banking licences.
Education loans may become cheaper
These will also be easier to get and treated at par with housing and SME loans.
Why Vikram Pandit was forced to QUIT Citigroup
When Pandit was in Japan last week, meeting International Monetary Fund and World Bank officials, Michael E O'Neill, the new chairman of Citigroup since April, was applying the final touches of his masterplan to remove Pandit.
Can the TATAS take over Orient-Express this time?
Offer valued at $1.86 bn comes 5 years after Bermuda chain rebuffed Indian Hotels.
Why financial TSUNAMIS are expected soon
The World Bank-IMF meetings in Tokyo show the extent of policy makers' worries about global economic prospects.
CHEAPER air travel in India could be illusory
According to sector experts, UDF charges are likely to go up in the absence of ADF.
World's WORST business decisions taken by companies
All companies make mistakes, but some mistakes prove to be too costly.
IMAGES: 10 closest RIVALS of the stunning Mahindra Rexton
M&M's primary target is the Rs 21.7-lakh Toyota Fortuner, that has a 70-per cent market share in its category.
India Inc's business confidence slips
According to the Regus business confidence survey, Indian businesses' confidence index decreased 2 points (from 143 to 141) since April 2012.
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| October 17, 2012 | | Mahindra launches STUNNING Rexton at Rs 17.67 lakh
The first launch from its Korean arm is produced at the Chakan plant with some localisation, the company said.
The success story of Bank Bazaar
In just two years, Bank Bazaar.com was chosen as one of the 'Hottest Startups' in India.
'Aim is to double India's share in world trade'
Rising cost of credit and infrastructure bottlenecks are hurting the export sector, says Rafeeque Ahmed, President, Federation of Indian Export Organisations.
Telecom giants launch India's first 4G phone
The phone will work on both 2G, 3G as well as 4G networks seamlessly.
Sales growth PLUNGES to single-digit across sectors
Automobiles, banks, pharma and software firms growth drivers slowdown in cap goods, construction, power.
IMAGES: 10 companies that offer the best perks
Some companies are offering amazing perks to keep their employees satisfied and loyal to the firm.
IMAGES: These 4 CNG cars likely to be launched soon
Diesel cars though deliver a high mileage but are heavy on the pocket.
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| October 16, 2012 | | How India plans to fight the menace of cyber crime
Many experts feel that it was time the private sector was roped in to fight this battle as the number of cases appear to be going up each day.
Vikram Pandit steps down as Citigroup CEO
Pandit will be replaced by Michael Corbat, who previously served as Citigroup's CEO of Europe, Middle East and Africa.
Will Kingfisher's last-ditch effort work?
With no end in sight to the 16-day impasse over a lockout and strike by its workers, Kingfisher Airlines management has called a meeting with their representatives on Wednesday in a last-ditch effort to convince them to return to work.
How competitors plan to beat Maruti Alto
Sensing stiff competition from Maruti Suzuki with the all-new Alto 800 with an aggressive price tag, Hyundai and Tata Motors announced deep price cuts and launch of new special edition variants, respectively to beat the market leader.
IMAGES: The Rs 2.44 lakh Maruti Alto launched
The Alto was first launched in September 2000 and has registered sales of over 2 million units so far.
Why India scores POORLY in global hunger index
India's extremely poor score in successive years in the global hunger index (GHI) should remind policy makers of the unfinished agenda of liberalisation.
Learn from Air India: Don't subsidise MTNL and BSNL
Mahanagar Telephone Nigam Limited (MTNL) and Bharat Sanchar Nigam Limited (BSNL), the two big state-controlled telecom companies, have written to the government asking that it bear the entire cost of the additional spectrum assigned to the two giants.
How to EXIT stocks before they fall sharply
Satyam Computer, Pyra-mid Saimira, KS Oils and Kingfisher Airlines are among those companies whose shares have fallen like eggs on the floor.
IMAGES: Ford Figo facelift launched at Rs 3.84 lakh
Ford expects the sagging car demand to get a boost during the forthcoming festive season.
Analysts turn BULLISH on Reliance
Fact that RIL will get the much required support from another segment like shale gas is a big positive for the stock.
Despite odds, Indians lead the 'American Dream' party
Indian immigrants were the leading company-founding group. They founded 13.4 per cent of Silicon Valley's startups and 6.5 per cent of those nationwide.
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| October 15, 2012 | | RIL net drops 5.7% to Rs 5,376 crore
Net profit, however, was up 20 per cent from Rs 5,703 crore (Rs 57.03 billion) earning in the first quarter. Also, profits before tax was up 25 per cent on a sequential basis to Rs 6,803 crore (Rs 68.03 billion).
Only less than 10% management grads are employable
According to the National Employability Report by Aspiring Minds, employability of management graduates is at dismal low levels particularly in the field of business consulting, followed by analyst and functional roles.
US duo wins the Nobel Prize for Economics
US economists Alvin Roth and Lloyd Shapley won the Nobel Economics Prize for their research on "the theory of stable allocations and the practice of market design."
How Mamata RUINED the profitable Railways
An effort is on to change the fortunes of the country's largest transport network. But it's a long journey ahead.
Slowdown over, growth RECOVERY in 6 months: Montek
The economy will turn the corner in the next six months as the deceleration of the past several quarters has been arrested, Planning Commission Deputy Chairman Montek Singh Ahluwalia said on Monday.
SC refuses to stay Centre's FDI policy in retail
The apex court asked Reserve Bank of India to amend Foreign Exchange Management Act regulations within two weeks to allow implementation of FDI in retail sector.
In Bengal's industrial wasteland, RETAIL offers hope
The retail sector in Mamata Banerjee's homeland, West Bengal, has provided jobs to as many 40,000 young people in the state.
Fewer Gurgaon projects but DLF is still king of the land
Realty player retains dominant position, thanks to its enviable land bank.
Inflation rises to 7.81%
Inflation rose to 7.81 per cent in September, from 7.55 per cent in August.
20 interesting facts on the rise of BRICS
BRICS is the title of an association of leading emerging economies. As of 2012, the group's five members are Brazil, Russia, India, China and South Africa.
Eight years after revival, Dabhol struggles to survive
Dabhol has faced a series of catastrophic equipment failure and is currently battling thinning gas availability.
Campus recruitment: IT cos to go slow
Educational institutes feel the pain as hiring roughly 50% of usual this year.
'Indians were richer than Chinese'
Indian and Chinese households are going to spend $10 trillion per year by 2020, say Michael Silverstein and Abheek Singhi.
REVIEW: The all new Chevrolet Sail U-VA
The Sail is not the most feature-rich car in its segment.
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| October 12, 2012 | | IMAGES: Cars that make even James Bond drool
Cars attached with hi-tech gadgets have been an inevitable part of James Bond movies.
Infosys to hike salaries of Indian staff by 6%
Infosys was the only company among the large software services firms, which had not hiked salaries so far.
How many Indians use Internet? Find out...
About a third of the world's population has access to Internet.
Now, a non-bailable WARRANT against Mallya
A Hyderabd court issued a non-bailable warrant against Kingfisher as well as Mallya on Friday in a cheque bounce case, said a Times Now report.
Holding illiquid stocks? Don't panic, there are options
You could exit on completion of your set target or on spurt in the stock price.
Most Indian websites are not mobile ready: Google
Google's intent in India is to make it an 'online and mobile first' advertisement market.
Rajiv Bansal is Infosys' new CFO
Currently the vice president and head of finance, Bansal will take over as CFO from November 1.
Retail inflation moderates to 9.73%
This breathes in a sense of relief for the Indian economy already reeling under low growth rate, depreciation of rupee and slowing down of industrial production.
SHOCKING! Industrial production growth slows to 2.7%
This comes as a shocker for the Indian economy which is going through turbulent times at the moment.
'Focus on marketing to turn a film profitable'
A major concern of the symposium was creating a reality check for desi film-makers in America and Canada.
Infosys Q2 net up 24.29% at Rs 2,369 crore
The company's revenues were up 21.7 per cent to Rs 9,858 crore (Rs 98.58 billion) in the second quarter from Rs 8,099 crore (Rs 80.99 billion) in the year-ago period, Infosys said in a BSE filing.
Hunger index: Even Bangladesh OVERTAKES India!
Country's performance in reducing hunger is disappointing, says International Food Policy Research Institute.
India's booming infrastructure biz in deep trouble
Acute shortage of labour and migration towards social schemes like Jawaharlal Nehru National Urban Renewal Mission (JNNURM) and Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA), a large number of construction projects are lagging behind their completion schedules.
DC Avanti: India's 1st sports car will be available soon
Deliveries for the supercar twill start in October 2013.
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| October 11, 2012 | | Mobile handset sales to boom in India
Mobile handset sales in India are forecast to reach 251 million units in 2013, an increase of 13.5 percent over 2012 sales of 221 million units, according to Gartner, Inc.
IMAGES: These 10 cars will be launched in October
Big discounts is not all what car makers have in store for the customers, launch of new cars (facelifts and fresh products) is also in the pipeline.
20 companies worth watching this earning season
The biggest losers could be from retail space due to concerns over consumer sentiments impacting footfalls and same store sales.
Market woes: What lies ahead for DLF?
Amid allegations, the Street is divided on how things will shape up going head. Analysts feel the stock could see increased volatility and remain under pressure in the near term.
'India, China took less time to DOUBLE output'
The two nations doubled their GDP per capita in 16 and 12 years respectively while US took 50 years.
WORMS in served chicken could batter KFC brand
Ghosts of the past came to haunt Kentucky Fried Chicken (KFC) when officials from the food safety department in Kerala raided a Thiruvananthapuram outlet following complaints of worms in the chicken being served.
Will India see a reforms-fuelled burst of growth?
It's too early to assess their effect on real investment and output.
What Indian Railways NEEDS the most
Independent, powerful tariff body the best medicine.
Walmart workers threaten strike across US on Nov 23
According to news reports, workers held walkouts and marches in cities across the US, including those in Dallas, San Diego, Chicago, Los Angeles, Seattle, Washington DC, Sacramento and even at its headquarters in Arkansas.
Mukesh's firm loses rights for laying gas pipelines
Downstream oil sector regulator Petroleum & Natural Gas Regulatory Board had been pushing for cancellation of the authorisation given to RGTIL.
A look at how the online world is CHANGING
Mass use on Internet started growing 20 years ago.
After IMF, World Bank lowers India's growth forecast
The World Bank on Wednesday cut India's economic growth projection to 6% for the current fiscal from 6.9% estimated earlier and blamed the slow down on corruption scandals and a host of policy issues including uncertainty in tax policies.
How Microsoft helps women who take career breaks
It is an initiative to help women pursue their career interests after a break and make an easy transition, back into the corporate world.
A thriving economy of AFGHAN business in Delhi!
Delhi has a sizeable Afghan community, both long-time residents and visitors who come seeking medical help. <I></I> gives a snapshot of the small but thriving economy that has grown to service them.
Warren Buffett and the art of losing money in airlines
All the glamour notwithstanding, investing in airline stocks is a loser's game
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| October 10, 2012 | | India an important global player: Bernanke
US Federal Reserve Chairman Ben S Bernanke held talks with RBI Governor Duvvuri Subbarao in Mumbai.
Nissan offers EXCITING sops on Micra, Sunny
Provides a unique weekly opportunity to get refund on the purchase and winning 500gms of gold.
Car companies to sell 1-3% less vehicles
Society of Indian Automobile Manufacturers lowered car sales growth projection to just 1-3 per cent for this fiscal from the 9-11 per cent announced in July.
Education loans come back to haunt banks
Some banks have seen gross non-performing assets as high as 15 per cent in their education loan portfolios.
Banks should have acted tougher with Kingfisher
On October 5, the Directorate General of Civil Aviation, or DGCA, finally wrote to the troubled Kingfisher Airlines, asking it to show cause why its licence should not be revoked.
Toyota to recall 8,700 units of Corolla Altis, Camry
The company, which is present in India through a joint venture with the Kirloskar Group, will start the exercise from next month and will contact the respective customers, check and change the part, if necessary, free of cost.
Indian business heads meet Geithner, Bernanke
Geithner and Bernanke held talks with India's major multinational corporations.
World's largest aircraft A380 may fly to India soon
Govt plans to relax air service norms, let international airlines fly any aircraft to India.
'India should be called Subsidystan'
Reflating the equity market and unsustainable rupee appreciation can't make up for the lack of qualitative fiscal correction.
Why high-rise development is not that good
Today, the telecommunications revolution, the Internet, a concern for global warming and a desire for a healthy lifestyle are redefining urban living.
The inside story of Robert Vadra's realty business
Robert Vadra, who is at the centre of a controversy over his property dealings with realty giant DLF and others, began investing in real estate five years ago, in 2007-08.
10 brands that LOST the most value
Some brands have fallen a lot in value.
Column: The markets need a speed breaker
The flash crash has caused a blip that makes normal analysis suspect. It's time to include waiting periods into trading mechanisms.
Mukesh Ambani is India's RICHEST man
Energy tycoon and Reliance Industries Chairman Mukesh Ambani is the country's richest man with a personal fortune of $19.3 billion, says a report.
India's IT spend to reach $71.5 bn: Gartner
The IT spending in India is projected to total $71.5 billion in 2013, a 7.7 percent increase from the $66.4 billion forecasted for 2012, according to Gartner, Inc.
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| October 09, 2012 | | Shrinkage in air passengers: Minister concerned
Following the global economic downturn, there were worries about a downturn in the Indian economy.
The success story of Sathya Agencies
Sathya Agencies started off as a small store in Tuticorin in Tamil Nadu in 1987 selling electronic appliances and household articles.
Cadburys India to be known as Mondelez
In 2010, Kraft Foods had acquired British candy maker Cadbury in a deal worth close to $19 billion.
How life insurance policies can help NRIs
Indians have spread to virtually every corner of the globe and have made their mark in the chosen line of business or profession.
India's rural poor needs subsidy on LPG, power: PM
At present, around 12 per cent of around 190 million rural households today use LPG to meet their cooking energy needs.
Kolkata's small retailers TOP buyers at Metro Cash & Carry
Though a decade of Big Bazaar and Spencers hasn't affected small shopkeepers, most are wary of FDI in retail distorting the market.
Where does India rank in Internet access? Find out...
About a third of the world's population has access to Internet.
Say No to subsidised cylinder, get a reward!
Liquefied petroleum gas (LPG) consumers might soon get to exercise an option to not get any subsidised cylinders.
One-time spectrum fee to net Rs 27,000 cr
The empowered group of ministers (EGoM) on telecom headed by Finance Minister P Chidambaram on Monday decided to impose a one-time fee on incumbent operators prospectively for spectrum beyond 4.4 MHz in GSM and 2.5 MHz in CDMA.
What makes a service firm SUCCESSFUL? A few secrets
It is about a systematic approach to human resources planning and development built on a bedrock of fairness and equitable treatment, and augmented by inspired leadership -- an aspect of management that is both a science and an art form.
DC Design launches 'Tornado' SUV concept
DC Design, has showcased a concept that merges 'supercar performance and style with an SUV's off-roading capability'.
Why politics shouldn't TORPEDO insurance, pension
It's unclear how the government will rustle up the numbers to push the legislation through Parliament.
World's 10 companies with LEAST productive workers
There are some companies that are able to generate highest revenue with fewest employees.
India's reforms: Is the foreign investor still excited?
Global investors say the volatility in policy and the corruption scams of the last two years cannot be erased with two days of announcements.
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| October 08, 2012 | | China tests high speed train in high altitude region
China on Monday successfully tested its new high-speed train connecting top cities in the high-altitude northeast region spanning about 921 kilometres.
Absence of reforms will slow growth: Chidambaram
India's economic growth during 2011-12 slipped to nine-year low of 6.5 per cent and during the first quarter of the current fiscal it was 5.5 per cent.
Why DLF's deals with Sky Light need explanation
Is it the usual practice for DLF to give an advance equal to 86 per cent of the sale price on land, before the sale takes place?
UPA's swing: From policy paralysis to economic reforms
The government's frenetic pace of activity resulting in a series of economic policy initiatives in the last two months has taken the opposition political parties by surprise.
Safety nets for child techies
Here are some apps that facilitate parental control over children's internet browsing habits.
Emkay Global admits error in Nifty crash; stock tanks
Emkay Global Financial Services on Monday admitted an error on its part for the 900-point flash crash of the NSE index Nifty on Friday morning, and said it would help the stock exchange in probe into the matter.
How Indian firms can SUCCEED in foreign markets
Home-grown companies venturing abroad have been on the rise. But the trip is fraught with challenges and risks.
Nissan plans SMALL CAR made entirely in India
The company's Indian subsidiary, Nissan Motor India, is rapidly strengthening its research and development wing for the purpose.
India is one of the TOP job makers due to offshoring
India created 64,370 jobs in the last four years owing to outsourcing activity.
The real story behind India's infrastructure woes
PPPs in infra are on the cusp of disaster. The country needs a different strategy to build public services infrastructure.
DB Realty eyes return to Mumbai property mart
DB Realty Ltd is taking aggressive steps to come out of the shadows of the second generation telecom spectrum scam.
How to enhance the BATTERY life of your smartphone
The solution lies is in getting a good battery pack.
Facebook in bid to give more bang for ad buck
While the social media giant says 70 per cent of campaigns gives a return on ad spend of three times or more, many feel Facebook has still not managed a consistently successful model.
Despite crisis, Kingfisher CEO gets HEFTY hike
Among the country's three listed airlines also, Kingfisher chief executive officer Sanjay Agarwal's pay package was the second highest in the last fiscal ended March 31, 2012, as per the remuneration details provided in their annual reports.
RIL refuses govt order to swap KG-D6 gas with AP co
RIL in a letter to the ministry said if such an "untenable" policy was allowed it would encourage KG-D6 allottees to sell the cheap gas at higher rates during times like plant shutdowns when they don't need the fuel.
IMAGES: 20 most valuable brands in the world
Let's take a look at 20 most valuable brands in the world.
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| October 05, 2012 | | India Inc keen on investing in Kashmir
Corporate magnate Ratan Tata on Friday said that Congress general secretary, Rahul Gandhi had opened a door for investments in Jammu and Kashmir.
How business can transform Kashmir
Rapid economic growth has made full integration of the North-east with the mainstream look possible. The same must happen in Kashmir.
DGCA issues show cause notice to Kingfisher Airlines
Spelling fresh trouble for Kingfisher Airlines, aviation regulator DGCA is likely to issue a show-cause notice asking why its flying license should not be suspended or cancelled.
Will the quota system for LPG cylinders work?
When household bills for Liquefied Petroleum Gas (LPG) jump over 60 per cent for those using 12 refills a year, the increase in the price of cooking fuel will beat that of petrol.
How to increase home loan eligibility
The eligibility is calculated on the basis of repayment capacity of the applicant on a monthly basis.
Fewest hours at workplace: Paris is No.1
People in Paris and Lyon spend the fewest hours at their workplace.
Buying your dream home? Read this!
Going for a house that you can't afford to pay for is like eating more food than you can digest.
Kingfisher staff salary: Lenders to release money
Move follows income tax department's decision to lift freeze on some bank accounts
Existing borrowers can opt for loan conversion
Borrowers can make a home loan switch to a bank that is offering a lower interest rate.
India should make it easy to hire, fire workers
Foreign investors don't like policy uncertainty and reversibility, says Anusha Chari.
Inflation is denting festive buying
The quick survey done by Assocham found that during last year middle and lower middle income families on average spent nearly 29 per cent of their salary on Diwali for shopping, sweets, gifting etc.
How does India fare against Brazil, Russia and China?
With the economy slowing down, where does India rank against Brazil, Russia and China?
REVIEW: Is Mahindra Quanto a good car?
The Quanto leaves you in no doubts about its machismo or its SUV lineage.
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| October 04, 2012 | | UPA out to sell country's interests in all sectors: Left
The Left parties on Thursday came down heavily on the government for deciding on a series of second- generation of reforms, saying they would fight to defeat these policy measures when they are brought in Parliament.
Cabinet nod for hiking FDI cap in insurance, pension
The UPA Government continued to display its commitment to reform agenda as the Cabinet today gave nod to two important financial sector reform bills, aimed at increasing foreign direct investment (FDI) in the insurance sector to 49 per cent from the current 26 per cent and opening up of the pension sector. Besides, the Cabinet approved the Companies Bill, 2011.
Obama still AGAINST outsourcing jobs to India
Sticking to his opposition to outsourcing jobs to countries like India, President Barack Obama has said that he wants to give tax breaks to companies that are investing in the United States.
Steve Jobs comes alive at Madame Tussauds
Madame Tussauds Hong Kong has revealed a wax figure of Steve Jobs.
Automobile sales: Who's the winner in India?
Consumers are preferring time-tested category leaders or vehicles that are relevant to the Indian market.
Hope of Kingfisher Airlines resuming operations fades
Civil Aviation Minister Ajit Singh also expressed doubts whether the carrier, facing a partial lockout, will be able to fly from Friday.
Marc Faber on what investors must do to stay RICH
I still hold 25 per cent in equities, says Marc Faber.
Infosys stock can fall by 40%: CLSA
The share price of Infosys Ltd came under pressure on Wednesday as global equity research firm CLSA said its stock could fall 40% from the current levels in 12 months.
Indian low-cost carriers sniff opportunity in Gulf
Routes abandoned by long-haul Gulf carriers like Emirates and Etihad have given Indian low-cost carriers an opening. But can they compete with Air Arabia?
GOOD NEWS! New reform hopes lift Sensex above 19,000
Financials among top Sensex gainers
India moving towards a mobile workforce
Traditional office is rapidly giving way to a highly mobile workplace of the future.
'India should cut barriers to boost global trade'
SC/STs have seen significant catch-up in education and incomes relative to non-SC/STs in recent years, says Pravin Krishna.
Cities with the longest working hours, Mumbai at No. 3
In terms of working hours, Asian cities still lead the field with an average of 2,154 hours annually, followed by Africa with 2,138 hours, the Middle East with 2,023 hours and South America with 1,989 hours.
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| October 03, 2012 | | Parekh panel for HIKING power charges, rail fares
Suggesting big-ticket reforms to attract investment in the infrastructure sector, a high-level committee on Wednesday recommended increasing electricity charges and rail fares.
Petrol price may be cut by Rs 1.6 a litre soon
Petrol price may be cut by about Rs 1.60 per litre later this month as appreciation of rupee against the US dollar has helped state firms make profit on the fuel.
Talks fail; Kingfisher crisis deepens
With no end to the deadlock, a question mark hung over the airline's plans to resume operations from Friday, after a four-day partial lockout and complete suspension of all operations since Monday night.
COLUMN: Degrowth and Gandhian inspiration
Whether it is the avalanche of corruption or economic and environmental crises -- remembering Gandhi seems just too painful. That is because the ideals Gandhi represented and lived seem to recede further and further out of reach.
Taj Mahal, Eiffel Tower in Dubai 's realty project!
A replica of Taj Mahal, Taj Arabia, several times bigger than India's architectural marvel, will be a part the Falconcity of Wonders (FCW) - a multi-purpose project being developed in Dubai.
How the MAHARAJAH is selling a dream
Air India is going all out to woo business class travellers asking them to fly the Dreamliner, but the jury is out on whether that will be enough to create a brand image.
ADB LOWERS India's growth projection to 5.6%
The Asian Development Bank (ADB) on Monday lowered India's growth forecast for the current fiscal to 5.6 per cent, from 7 per cent projected earlier, citing falling global demand and impact of delayed monsoon on agricultural production.
COLUMN: What ails India's urbanisation
India's sectoral shift away from agriculture to industry and services is reflected in its spatial pattern of urbanisation with firms locating in the bigger cities and metropolises to exploit scale economies.
Indian IT companies defused US outsourcing bogey
First, the US today has bigger economic headaches than outsourcing.
RISING prices: An LPG cylinder now costs Rs 883
In the first price revision after the government capped the number of subsidised cylinders for consumers, domestic liquefied petroleum gas (LPG) has become nearly 17 per cent dearer, thanks to firm international prices.
BRAND BENGAL seeks to ride piggyback on SRK
Will the glamour quotient help boost the state's image?
How to fix America's fiscal problem
The political stand-off in Washington makes tax hikes impossible. But there's a way around it.
'Fear that FDI will hurt small shops is misguided'
India is not able to specialise according to its natural comparative advantage, says Devashish Mitra.
PHOTOS: 9 stunning cars at the Paris Auto Show
This year it is being held between September 29 to October 14.
Is your state posting good GDP growth? Find out...
There are vast differences between Indian states and union territories when it comes to GDP, growth and population.
PIX: Apartment rentals are HIGHEST in these 20 cities
Eastern Europe and Africa have the most favourable housing conditions.
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| October 01, 2012 | | EXPLAINED: Kelkar committee report on Indian economy
According to the report, Indian economy is headed for a "perfect storm" worse than 1991 because government's cashflow by March 2013 is threatening to be Rs 110,000 crore (Rs 1,100 billion) more in the red than the expected Rs 500,000 crore (Rs 5,000 billion).
Aim was to brew India's finest beer: Cobra founder
I used to personally deliver beer to Indian restaurants in my car, says Lord Karan Billimoria.
Microsoft proposes revised FEES for H1B visa, green card
In a proposal that will hit Indian IT companies the most, US software giant Microsoft Corporation has suggested a whopping fee of $10,000 (over Rs 5 lakh) for a new category of H-1B visas and $15,000 (more than Rs 7.5 lakh) for permanent residency or Green Card.
IMAGES: Stunning cars that will make you drool!
The Paris Motor Show is a biennial auto show in Paris.
iPhone 5 vs iPhone 4S: Which is BETTER?
Here's a comparison of iPhone 5 with the iPhone 4S.
IMAGES: Mumbai, Delhi among world's cheapest cities
While Oslo, Zurich and Tokyo are the world's most expensive cities in the world, New Delhi and Mumbai are the cheapest cities.
Are the govt's food wastage figures CORRECT?
The government has often defended its decision to open multi-brand retail to foreign direct investment (FDI) by saying modernisation of the sector through fresh investment would bring down wastage of fruit and vegetables.
'India's economic situation could be worse than 1991'
The Vijay Kelkar committee has cautioned that India's current account deficit (CAD) might rise to a record 4.3 per cent of gross domestic product (GDP) in 2012-13 if reforms to address this do not take place.
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| September 28, 2012 | | Remove subsidy on diesel, LPG by 2016: Kelkar
The Kelkar Committee has recommended sharp reduction in subsidies on petroleum, food and fertiliser, which the government said was contrary to its policy of protecting the poor.
Special: Who's afraid of FDI in retail?
The experience in developing markets suggests that foreign direct investment in retail need not be a bane.
Fitch LOWERS India's growth forecast to 6%
India's economic growth has slowed to a three-year low of 5.3 per cent in the April-June quarter of the current fiscal.
Special: Is the telecom sector's party over?
Mobile phone firms are willing to let go of inactive subscribers because holding on to them doesn't help in any way in the new order.
How Daimler India plans to make it big
Daimler India Commercial Vehicles, subsidiary of Daimler, Germany, has relaunched itself in the Indian market.
Kitna deti hai? Is the slogan for car buyers
The question brilliantly sums up the obsession for mileage among Indian consumers. A study by consumer research agency J D Power has shown why the ad was on the dot.
SHOCKER! Core sector growth slows to 2.1%
The eight core sector industries have a weight of 37.9 per cent in the overall Index of Industrial Production.
Are HIGH salaries for CEOs justified?
The more crucial point is that India Inc can't argue against transparency.
How Neil Mills plans to make SpiceJet PROFITABLE
With a contrarian approach to the Indian market, Mills has reconfigured SpiceJet and eked out its first profit in five quarters. His plan is not without risks.
Amazing cars that will soon make their way to India
The slowdown in Europe is a reflection of events at the biennial event, but here are some vehicles that have the potential to either be launched in India or have an impact on the way the Indian automobile industry moves forward.
IMAGES: What's inside the new iPhone 5?
Take a closer look at the thinnest and lightest iPhone ever.
Are Indian workers BETTER PAID than others? Find out
Where do Indian workers stand when it comes to per capita income around the world?
Emerging economies are not immune to shocks: IMF
There is a significant risk that advanced economies could experience another downturn, said the World Economic Outlook report released on Thursday.
IMAGES: Two Indians among 20 generous billionaires
There is a new crop of ultra-rich who are giving a good part of their cash to philanthropic causes.
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| September 27, 2012 | | In the fast lane: Gujarat's new growth story
Gujarat has caught the fancy of a large number of corporate heavyweights.
Will the NEW Mahindra Reva be a success?
Mahindra Reva has developed technologies that will be seen for first time in its new car, NXR.
How StartupVillage plans to tap 1,000 tech innovators
Bringing to the limelight some of the brilliant ideas and innovative projects from campuses is a unique initiative by Startup Village, India's first telecom incubator.
IMAGES: The iconic Taj Mansingh likely to be auctioned
It is fairly certain that Taj Mansingh, whose 33-year lease agreement with NDMC expired last year and extended for a year, will not get another lease extension.
India needs to woo investors: Raghuram Rajan
Even as Standard & Poor's and Fitch have warned India's sovereign ratings could be cut to junk level, the government's chief economic advisor, Raghuram Rajan, says there is no point in grudging that India's ratings are on a par with debt-ridden European nations.
Mallya finally talks of SELLING his businesses
In a conversation with Business Standard after an eventful annual general meeting of Kingfisher, he clears the air on many aspects.
Chidambaram SHARPENS tax axe for the big fish
Mandatory scrutiny soon by large taxpayer units the FM set up in 2006.
IMAGES: Nissan Evalia vs its three rivals
Nissan Evalia came in with a starting price of Rs 849,000.
World's LOWEST roadworthy car is 18 inches only!
Mirai was created by students and teachers of The Automobile Engineering Course of Okayama Sanyo High School in Asakuchi, Japan, the Daily Mail reported.
India to BEAT China's growth rate by 2015
World economy is struggling to post growth.
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| September 26, 2012 | | IMAGES: Sony Xperia Tipo@ Rs 9,999
The company plans 6-8 new models in six months across price bands, which may include a few in the sub-10,000 category.
How reforms have revived investors' interest in India
According to a research report by Bank of America Merrill Lynch, there has been a sea change in interest in India post the reforms announced last week that included allowing foreign direct investment in multi-brand retail and the civil aviation sector.
Why automobile sector seems to be an interesting gamble
The front pages have been highlighting new vehicle launches, which are timed for the festive season. If these are successful, it could mark the bottoming out and turnaround of the automobile sector.
COLUMN: Why people now are so keen about growth
Earlier, politicians thought voters demanded a ceiling on inflation. Now, people want a floor on growth.
Airlines may charge EXTRA for water, preferred seats
The Director General of Civil Aviation (DGCA) could once again allow domestic airlines to charge passengers for on-board services like preferential seats and drinking water.
IMAGES: How world's 14 top commodities will perform
Many financial advisors are advising clients to invest in commodities.
Kelkar panel QUESTIONS FY13 Budget maths
Kelkar panel says figures awry, fiscal deficit may cross 6% if reforms not undertaken.
How to bridge the housing shortage in urban India
The housing schemes for the urban poor must involve slum dwellers, who will have to take ownership of their area's development.
Economic freedom: Top 20 nations, India falls to 111!
India ranks very low at 111th position in terms of economic freedom.
SPECIAL: All about the coal and the CAG
Corrective action on the coal scam must not be such as to impose further obstructions to production of coal from the blocks allotted.
Subsidy is fine but is it a burden or boon?
Why phasing out the fertiliser subsidy will affect small farmers.
IMAGES: World's 20 most attractive employers
Google has retained the top position as the best employer in both categories -- business and engineering -- for the fourth year.
India's HIGHEST paid executives, Naveen Jindal tops
Naveen Jindal, Chairman and Managing Director of Jindal Steel and Power Ltd (JSPL), has topped the executive pay charts for listed companies in India.
IMAGES: Indians need to work most to buy beer
How many hours of work does it take to buy a half a litre of beer at a retail outlet?
How India can avoid a grave economic crisis
Instead of boosting growth, policy should focus on addressing the current account and budget deficits.
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| September 25, 2012 | | No tie-up with Bajaj for low cost car: Nissan
Japanese auto maker Nissan on Tuesday said it has decided not to continue its partnership with Bajaj for sourcing of ultra-low cost car, ending months of uncertainty.
A helmet that sends SOS on crash!
The potentially life saving smartphone app, which can detect a crash and then alert the emergency services, has been designed for bike riders.
Why did the economy go back to the 1991 position?
It's the government balance sheet and the external balance sheet of India that are in problem, says Swaminathan Gurumurthy.
Mahindra plans flexible manufacturing line for Quanto
As competition heats up in the multi-utility vehicle (MUV) segment, the country's leading utility vehicles player Mahindra and Mahindra (M&M) plans a flexible manufacturing line for its latest launch the compact SUV Quanto to capture market share.
IMAGES: Best and worst central bankers in the world
Let's take a look at the best and worst central bankers.
India's reform measures watershed, courageous: US
The US has termed as "watershed" and "courageous" the Indian government's decision to allow FDI in multi-brand retail, saying that the new reforms will send out the "right message" to global investors.
Low output to weigh on food prices
The output of pulses and oilseeds in 2012-2013 is likely to fall by 14.61 per cent and 9.62 per cent, respectively, says the first official estimate of kharif season. Experts warn this could trigger a spike in food prices.
Why Rangarajan thinks S&P forecast is wrong
Fiscal correction is needed even after the changes that have been made now, otherwise the fiscal deficit would tend to be high.
What is the SOLUTION to India's traffic jams?
Cars use more space, crowd the road and move far fewer people. Our educated road planners must count people, not vehicles.
Now, made-in-India sedans for the world
Renault India is planning to ship 1,000-3,000 cars of the newly launched compact SUV Duster to the United Kingdom.
Festive season: Airline companies launch fare war
After Air India and Jet slashed ticket prices, low-cost carriers respond with 5-20 per cent cuts; likely to spur air travel market's sluggish growth.
No roaming charges rule: Telcos to take Rs 13,500-cr hit
At present, GSM operators such as Bharti Airtel, Vodafone and Idea Cellular earn 10-12 per cent of their revenues from the national roaming services, which amount to Rs 10,000-Rs 13,500 crore.
IMAGES: India among top economies with large debt
Let's take a look at debt situation in the world's biggest economies.
India's Biocon among world's TOP pharma employers
Biocon is the only Asian company to be on the list.
Why western bankers are blamed for the financial crisis
After being hailed as Masters of the Universe for the last two decades, western bankers are now being blamed for the global financial crisis and being branded as the ugly face of capitalism.
Weather info: Pvt cos step in where Met office fails
Market for localised weather forecasting in India offers immense scope; credibility of data a concern.
How to build a portfolio
Before jumping to build a portfolio of stocks impacted by the recent reforms, choose the ones which will benefit the most.
Why borrowings will be cheaper post reforms
Though household expenses are up, borrowing will be cheaper.
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| September 24, 2012 | | Asians leading users of smartphones in the US
As many as sixty-six per cent of Asians, 56 per cent of Hispanics and 55 per cent of African-Americans use smartphones to check e-mails, play games and surf the Web, the Neilson study found.
Column: Why these reforms can't address India's problems
Notwithstanding the PM's feeble defence, the reforms announced so far are not enough to deal with India's pressing problems.
The knight in veshti who ushered in India's reforms
After dithering for months, if not years, the government suddenly unleashed a barrage of reforms.
GOOD NEWS! No roaming charges from next year
NTP 2012, approved in May, aims to abolish roaming charges and allow mobile phone subscribers to use same number across country without having to pay extra charges for services once they are outside their telecom circle.
IMAGES: The stunning Rolls-Royce Phantom II is here!
Latest version of pinnacle, super-luxury car features significant updates to drivetrain, electronics and subtle design enhancements.
Indians' reputation for poor manners is no longer funny
Rich or poor, unsophisticated or well-heeled, most Indians have little compunction about observing the conventions or rules of public behaviour.
Mamata ACTS saviour, but prices rise in Bengal
If popular is white and populism black, then Mamata Banerjee is a curious shade of grey that may be hard to spot in the colour charts.
Windows 8 slated for launch on October 26
If you look at the interface of Windows 8, we believe it is a lot more exciting and informative, which people would actually love to spend time on. Other than making Windows open to the vast storehouse of exciting applications, Windows 8 enables multi-tasking.
Maruti hopes to make a comeback with Alto
The country's largest car maker, Maruti Suzuki India (MSI), is looking to regain lost ground in the small car segment with the launch of a completely new version of its erstwhile best- selling model Alto.
Will price kill Nikon's 'budget' FX camera in India?
Personal preferences notwithstanding, even many Canon aficionados will find it difficult to resist the charms of the rival's new offering and some may be even considering crossing the pricey Rubicon.
20 countries that have RICHEST people in the world
World's richest people have a combined wealth of $25.8 trillion.
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| September 21, 2012 | | World food prices may hit record high in 2013
Global food prices are rising and are likely to touch an all-time high in 2013 due to drought in some parts of the world, according to a report.
Five NRIs on Forbes US richest list
The net worth of the richest Americans grew by 13% in the past year to $ 1.7 trillion.
For every job Walmart creates, 17 will be unemployed
The retail FDI decision is rooted in the bravado of a leader who scarcely cares for his own people, especially the poor, but is deeply ashamed at being called an "underachiever" by the West.
SPECIAL: How will Sahara pay its investors?
The companies have 90 days to deposit the money with Sebi, which has been tasked by the Supreme Court to return the money to the investors.
SPECIAL: Retail sector and economic democracy
Proponents of FDI in retail have argued that the story of corporate retail will be quite different in India since our social and economic patterns are in some ways unique.
COLUMN: Is inflation GOOD for growth?
"Historically, all possible combinations have occurred: inflation with and without [economic] development, no inflation with and without [economic] development".
How FDI in retail, aviation will boost India's growth
The FDI announcements made by the government in multi-brand retail, single-brand retail, aviation sector and broadcast sector are expected to change the landscape of the respective industry.
LPG cylinder sales: How the Indian states RANK
Gas cylinders are at the centre of a controversy in India.
Philips re-positions itself in a newer, younger avatar
After abandoning the business of making televisions, Philips is trying to reposition itself as a master of youth-centric products.
Government's NEW plan to de-clog the roads
The Centre is reportedly considering imposing an urban transport tax and a congestion tax on private cars to control gridlock on urban roads. Growth has increased incomes and car ownership -- but not road space.
Applying for a loan? Know your credit report
A credit report is an accumulation of all your loan accounts, loan repayment history, and delinquencies, if any.
IMAGES: Mahindra launches the Quanto at Rs 582,000
Quanto is a compact and versatile SUV with a host of features and technologies.
IMAGES: The good old smiley turns 30!
The computer symbol for 'not serious' or now more generally "happiness", made up of a colon, dash and a right parenthesis, was born into existence on September 19, 1982.
Pix: The superfast double-decker Mumbai-Ahmedabad train
The Indian Railways on Wednesday flagged off its newest train a double-decker between Mumbai and Ahmedabad.
IN PIX: Google emerges world's most attractive employer
According to global employer branding firm Universum's global talent attraction index 'The World's Most Attractive Employers 2012', Google has retained the top position in both categories -- business and engineering -- for the fourth year in a row.
22 richest Americans in the world
Net worth of the richest Americans grew by 13 per cent in the past year to $1.7 trillion.
How many WORK hours can get you an iPhone?
People working in Zurich are able to afford the smartphone the quickest, that is, after 22 hours of work.
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| September 20, 2012 | | Special: Can the Dreamliner become AI's MAGIC weapon?
The Dreamliner will allow Air India to finally match the right kind of routes with the right kind of planes, while launching new ones. Some say it won't solve the airline's problems.
Diesel adds to railways' blues
With the latest diesel price rise, coming after a rollback of most of the earlier proposals for a passenger fare increase, Indian Railways' operational surplus is expected to come down by 24 per cent, to Rs 11,707 crore (Rs 117.07 billion) in 2012-13 as against the Rs 15,557 crore (Rs 155.57 billion) anticipated at the beginning of the financial year.
Selling jewellery? Be careful, it's actually a big LOSS
Documents like sellers' ID, receipts, residence proof will be required. Also, be ready to lose 10-15%.
iPhone 5 available on Indian e-commerce sites
Sellers on eBay, the e-commerce site, are offering the iPhone 5 at exorbitant prices, starting at Rs 74,000 and going up to Rs 88,000, to those who cannot wait to flaunt the smartphone.
IMAGES: 20 cities that offer the highest wages
Swiss cities top the list of the highest paying cities.
Mumbai, Delhi among cheapest cities to travel by taxi
In Cairo the same distance by taxi costs just $1.49 - the cheapest taxi price.
Ikea plans to set up several stores in India
Team scouting for space on outskirts of metros.
India Inc to politicians: Put country above politics
A day after the Trinamool Congress said it was withdrawing support to the UPA government, in protest against the reform measures announced by the government, the Federation of Indian Chambers of Commerce and Industry held a press conference to buttress its views on the importance of sustained reform process.
Safest bet is to bet on yourself: 30-year-old CEO
BucketFeet exists to make to make everyone's story more interesting and create connections, says Raaja Nemani.
IMAGES: Countries with most tractors in the world
Let's take a look at countries that have the most tractors in the world.
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| September 18, 2012 | | Gas cylinder cap has LESSONS for the future
If the government could create a convincing case for capping gas cylinder numbers, there is no reason why the government cannot build a solid case, using similar methods, for a further increase in diesel price.
India among 10 countries with most gold reserves
Global central banks bought 157.5 tonnes of gold in the second quarter.
IMAGES: Mercedes-Benz B-Class launched at Rs 21.49 lakh
This Mercedes-Benz model is based on the MFA platform that the A-Class is based on.
SHOCKING! Domestic, international airfares rise 9%
While the q-o-q domestic fares rose by 29%, the year-over-year increase was 11%.
Vegetable prices push up retail inflation to 10.03%
In the urban areas, the CPI rose to 10.19 per cent during the month as compared to 10.10 per cent in July.
Why lending rate will pinch LESS
Banks to lower rates shortly; RBI cuts CRR by 25 bps and signals easier policy in October
'RBI's move to cut CRR a preventive step'
Reserve Bank of India's move to cut cash reserve ratio has been welcomed by analysts.
Walmart stores to have an Indian touch
Plans outlets smaller than in the US, with mostly Indian products, and a desi nameplate.
India doesn't like foreign investors, says Jim Rogers
India will find it difficult to grow in a dynamic way because it has a high debt-to-GDP ratio, says Jim Rogers.
IMAGES: 20 most expensive cities in the world
Let's take a look at some of the most expensive cities in the world.
IMAGE: These 5 cars will be launched in Sep
The first amongst the lot is the Mercedes Benz B Class Sports Tourer.
Rail fares are the HIGHEST in these 20 cities
It costs most to travel by bus, tram or subway, taxi and train in Western Europe and North America.
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| September 17, 2012 | | No roll back, no threat to Govt: Chidambaram
Indicating unleashing of more measures to boost economy, Finance Minister P Chidambaram on Monday ruled out rolling back decisions on diesel, LPG and FDI in retail and expressed confidence that the government faces no threat from allies either inside or outside.
A tribute to the outgoing Range Rover
Not many cars can boast of having seen three dramatically different owners during their product lifetimes, except perhaps the Lamborghini Countach.
The good, bad and ugly of the RBI policy
Some reactions to RBI's monetary policy announced on Monday.
SNEAK PEEK: The 7th generation Volkswagen Golf
Now, it's time for the seventh generation version - the newest, most-loaded and perhaps the best Golf made yet.
From boom to doom: Story of India's telecom sector
The new story is the exact opposite of this history, and tells of slowing growth, falling profits, and negative returns on shares.
More steps on anvil to boost growth: Chidambaram
The Reserve Bank is scheduled to come out with second quarter monetary policy review on October 30.
The INSIDE of a smartphone is what really matters
Seamless integration and intuitive flow of information between mobile OS & hardware is the only make-or-break feature.
RBI keeps rates unchanged; cuts CRR by 0.25 per cent
The central bank kept the short term lending and borrowing rates unchanged.
'FDI move will attract investors, soothe nerves'
Govt's decision to allow FDI will attract capital, boost confidence and soothe the nerves, say experts.
Govt lacks imagination, common sense: Jayati Ghosh
It's pointless and stupid to allow foreign direct investment in retail and investment, says Jayati Ghosh.
Indian states paying highest and lowest tax revenues
Sales tax continues to top the state's largest source of income.
India among top exporters of services, merchandise
Merchandise exports, led by Asia, rose by 19 per cent last year to $18.2 trillion.
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| September 14, 2012 | | Reforms: Who praised, who blasted the govt
Attacking the government for its "hurried" decision allowing FDI in multi-brand retail, BJP today alleged said that despite strong objections from the Opposition it has been done under foreign elements' pressure and will affect the livelihood of Indians in retail trade.
Major decisions to dispel policy paralysis notion: India Inc
India Inc on Friday said major announcements made by government, including operationalisation of 51 per cent FDI in multi-brand retail, are huge "mood lifters", besides dispelling the impression of any policy paralysis in the government.
FDI decisions to boost growth, generate employment: PM
Prime Minister Manmohan Singh on Friday justified the decisions on allowing FDI in multi-brand retail and some other areas, saying these were aimed at pushing economic growth and generating employment in "difficult times".
49% FDI in aviation allowed; industry happy
Foreign airlines can now pick up 49 per cent stake in India's domestic carriers, a step that is expected to give a boost to cash-strapped aviation industry.
Divestment in 4 PSUs to raise Rs 15,000 cr
The government on Friday approved sale of its minority stakes in four public sector firms -- Hindustan Copper, Oil India, MMTC and Nalco-- to raise up to Rs 15,000 crore.
BIG REFORM: 51% FDI in multi-brand retail cleared
The government has cleared the FDI in multi-brand retail.
Who pays the highest and lowest for diesel in India
The government's decision to hike diesel price by Rs 5 has shocked the nation.
How large deals played a key role in Wipro's turnaround
Analysts expect Wipro's revenue to grow 17 per cent this financial year, largely in line with its FY12 performance. Profits are expected to grow 14 per cent, compared to FY12.
How Montek JUSTIFIES diesel price hike
Diesel price hike is a tough decision and we need lot of tough decisions to get to 8 per cent growth rate," Planning Commission Deputy Chairman Montek Singh told reporters.
SHOCKING! Inflation jumps to 7.55% in August
Inflation, as measured by the Wholesale Price Index, was 6.87 per cent in July.
Meet the 'quiet and confident' CEO of Infosys
Sarojini Damodaran Shibulal, the 57-year old CEO of Infosys, is a true geek.
COLUMN: Who will build India's infrastructure?
The private sector accounted for 30 per cent of all investment in infrastructure in the last Plan period and is supposed to mobilise 50 per cent ($500 billion) of the planned infrastructure spending for 2012-17.
Markets surge on fuel hike, Fed action
Markets continued firm trades with buying interest seen in realty, metal and banking shares. The BSE Sensex has gained 386 points (over 2 per cent) at 18,407, after touching a high of 18,456. Nifty is up 118 points at 5,553.
'PDS is broken, alternative methods needed'
Direct cash transfers or food coupons should be used to provide services to the poor, says Farzana Afridi.
World's TOP selling and MOST profitable smartphones
Apple's iPhone 5 is expected to outsell Samsung's Galaxy SIII.
India is the fourth BIGGEST oil importer in the world
Let's take a look at some of the biggest oil importers in the world.
IMAGES: The legacy of BMW 3 Series
World over, BMW cars are considered to be royal, pristine and very refined.
Indian economy faces a major CRISIS, but who cares?
It is common knowledge that the Indian economy has not just been doing badly for over a year but is actually stumbling towards a major economic crisis.
IMAGES: iPhone 5 does not 'wow', but. . .
Apple's screen is still smaller than its main rivals.
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| September 13, 2012 | | Allies, Opposition slam diesel price hike
Allies and opposition parties tonight attacked the government over the hike in diesel prices saying it will further hit the common man and demanded an immediate rollback.
Diesel price hiked, subsidised LPG supply cut to 6/year
The government has hiked diesel price by Rs 5 per litre, effective midnight tonight.
Inside Air India's Dreamliner: The most striking features
It can be a game changer experience for all the long haul travellers for whom flying long hours is a nauseating experience.
PIX: Ford EcoSport to undercut Renault Duster in pricing
The car is a tech savvy like many of its prospective owners.
Should coal block allocations be SCRAPPED?
Allotments that were done without conducting due diligence should be reversed but the UPA's procedure smacks of favouritism.
These are India's top banks in 2012
The 'Dun & Bradstreet - Polaris Financial Technology Banking Awards 2012' seeks to recognise the growth and resilience of the Indian banking industry.
Centre to support Metro rail projects in 19 cities: PM
Noting that an efficient transport system was 'critical' for orderly growth of cities, Prime Minister Manmohan Singh on Thursday said the government has decided to support preparation of Detailed Project Reports (DPR) for Metro rail in all 19 cities with a population of over two million.
Net loss down, revenue up despite strike: Air India
Though the Dharmadhikari report expects Air India would be cash surplus by eight years, the efforts are on so that it happens earlier.
Capt Gopinath's new plan: Charter flights at CHEAP rates!
Capt Gopinath is trying to reinvent the charter business.
Good news! Permanent PF a/c number by 2013
Come March 2013, salaried employees will be able to switch jobs, without worrying about withdrawing or transferring their savings with the Employees Provident Fund Organisation (EPFO).
iPhone 5: Taller, thinner and better
Apple's iPhone 5 has a larger screen but a thinner profile and is 20 per cent lighter than the previous iPhone 4S.
Flat IIP growth: More BAD NEWS to follow?
Poor industrial production & lower agri output to further drag GDP growth rates.
Dreamliner to ply on domestic routes soon
Air India's new Boeing 787 Dreamliner will start flying on domestic routes from September 19, with the airline hoping that the fuel-efficient aircraft will bring back its good old 'Maharaja' days by saving costs.
Houses with electricity: India's TOP 20 states
Of the 1.4 billion people of the world who have no access to electricity in the world, India accounts for over 300 million.
How Indian youngsters are coping with economic downturn
Cutting corners, looking at fixed deposits, youth copes with the reality of a downturn.
Amazing IMAGES of ultra-luxurious SUVs
Toronto-based Conquest Vehicles now has two SUVs under its belt, Evade and Knight XV.
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| September 12, 2012 | | Cyber threats: WAKE UP before it's too late!
Generally, most users tend to underestimate the danger which malware poses for their devices and data.
How Lenovo CONQUERED the Indian PC market
In the first quarter of 2009, Lenovo's market share in India was just 4.8 per cent.
Sebi flooded with Sahara refund calls
Regulator has set up a special cell to carry out the refunding operation.
Meet the world's most innovative CEOs
For an innovation-led change, a CEO must comply with three fundamentals - market feasibility, technical feasibility and associational thinking.
Slowdown: India's industrial output falls to 0.1%
The industrial production growth rate has dipped to 0.1 per cent in July, as against 3.7 per cent in the same month last year.
'Good time for retail investors to enter market'
These are testing times for the mutual fund industry.
SPECIAL: The story behind Amul's 'utterly butterly' ads
When the tag line was coined, V Kurien had only said 'I think it's utterly mad; but if you think, it will work, go ahead'. The man, who passed away, last Sunday, had also told the ad agency that it was free to operate without obtaining his okay.
Sebi may crack down on corporate executive pay
Move to make board accountable for performance appraisal.
IMAGES: Unemployment rates in major countries
Unemployment rates are increasing all across the world.
IMAGES: Indian states with highest per capita income
India has become the fourth largest economy in the world, yet it lags behind several nations in per capita income.
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| September 11, 2012 | | Interest rate cut not enough to buy property
Banks and builders are offering lower rates and freebies, but there is also a case for price correction in the future. Wait, if you are not desperate.
Amul Girl weeps for first time to pay homage to Kurien
Paying homage to father of white revolution in India Dr Verghese Kurien, who catapulted India from being a milk-deficient country to the world's largest milk producer, 'Amul's' mascot for the first time ever was seen weeping (since 1964) in an advertisement.
Infosys' revised strategy to drive volumes cheers analysts
Infosys' acquisition of Switzerland-based Lodestone Holding would provide the software firm respite from investors who have, for long, demanded the company tweak its strategy of walking away from deals that might dilute earnings. Investors have also demanded the company's unutilised cash balances be used to revive growth.
IMAGES: India's top 20 states by GDP
Here's a list of 20 best performing states in terms of GDP.
'Indian employers set to slow hiring in Oct-Dec'
According to the Manpower employment outlook survey, they are downshifting from the vigorous hiring pace seen over the past two years, with just 27 per cent employers optimistic about strengthening their staffs, says a survey.
COLUMN: Why is the image of shining India TARNISHED?
Exuberant expectations about the economy have turned to foreboding as Indians grow pessimistic about their economic future.
'Labour laws hampering India's manufacturing sector'
Services cannot create enough jobs that will match the skill sets of the bulk of the work force, says Nirvikar Singh.
Why optimism about Indian economy is waning
Forty-nine per cent of Indians polled for the survey are satisfied with the current state of the economy, a seven percentage point drop from last year, while only 45 per cent of respondents are optimistic of the economy improving over the coming four quarters, 15 percentage points lower than the previous year's poll.
How to keep virtual MISCREANTS at bay!
Ankit Fadia, 27, is an independent computer security and digital intelligence consultant - better known as ethical hacker - who has worked with government agencies.
IMAGES: These 4 Porsches will eventually land in India
Well, the most profitable Supercar maker in the world has been gulped by the monstrous Volkswagen group and now is flushed with cash to invest in newer, path breaking products.
How start-ups learn to bounce back from failures
A few have picked up the early warning signals, re-worked their plan and got back to work.
High stress: Indian companies that face a cash CRUNCH
With growth rates slowing and global concerns not abating, the Street is increasingly becoming worried about rising stress levels for corporate India.
IMAGES: World's 20 biggest layoffs in 2011
Companies across the world are laying off workers as economic slowdown grips the global economy.
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| September 10, 2012 | | Indian stocks beat their ADRs by 25% in one year
US stock market indices may be performing better than India's popular benchmark Sensex, but individual Indian stocks have outshined their own American Depositary Receipts by up to 25 per cent in the past one year.
Spunky, skinny, sizzling: Meet the Ultrabooks
If a laptop is priced at Rs 45,000 and onwards, does that price tag make it is extra special? Yes and No. 'Yes', there will be fewer takers for such models. 'No', that does not confirm performance superiority.
Will the NEW Boeing 787 Dreamliner save Air India?
As the much delayed Boeing 787 Dreamliner makes an official touchdown, complete with a water cannon salute, in Delhi to join Air India's fleet, the ailing airline is working on a plan to regain its lost space in the international skies.
Indian IT firms among 10 WORST paymasters
Indian Information Technology companies are among the world's 10 lowest-paying employers in the segment, with their mid-to-senior level staff getting an average salary of $38,767 (about Rs 21.5 lakh) per annum - less than one-fourth of the IT pay package at globally top-paying Swiss firms.
Kurien, the doodhwalla visionary
Kurien, a metallurgical engineer trained at Michigan State University in the US, was serving out his bond which Matthai refused to waive.
Creative people are not contract killers: Prasoon Joshi
Prasoon Joshi, president, McCann Worldgroup South Asia, says creativity can flourish irrespective of scale, but needs a culture of fluidity.
Car sales drop 19%; biggest in 10 months
Domestic passenger car sales declined by 18.56 per cent to 1,18,142 units in August 2012 compared to 1,45,066 units in the same month in 2011.
India's Milkman Kurien will always ring a bell
Known as the father of the White Revolution and affectionately referred to as 'India's Milkman', Kurien was credited with having pioneered the milk cooperative model at the village level.
'Service sector key to GDP and jobs'
India among developing nations is far ahead in becoming a service economy, says Uday Karmarkar.
These 17 Indian companies pay LOW taxes
Finance Minister P Chidambaram has asked the Income Tax department to focus on the companies that pay less than effective tax rate of 24 per cent.
IMAGES: 30 countries with best living standards
There are not many countries that have high per capita income.
These cities help Indian airlines make MONEY!
If you have thought that the most profitable international routes for direct flights from India are to the busiest US or European cities, then think again.
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| September 07, 2012 | | 5 Indian firms in world's most innovative companies list
Larsen & Toubro, Hindustan Unilever, Infosys, Tata Consultancy and Sun Pharma -- have made it to the list
New Range Rover to be launched on September 29
The latest SUV, as the company states, is the first SUV to have the all-aluminium body frame. With this the bare shell of the Rover becomes just 12kgs heavier than the Mini Countryman Shell.
Why global firms line up to tap affluent Indians
From hardselling a dream house next to the London Tower Bridge to eyeing tourism and business opportunity at Universal Studios and Disney Destinations; from drawing target customers for Macau casinos to launching travel guides tailored just for the well-heeled in India, global industry majors are rushing in to tap the increasing spending power of the people in this country.
'Driverless' cars will be a popular trend by 2040
Members of IEEE, the world's leading professional organisation have selected autonomous vehicles as the most promising form of intelligent transportation, anticipating that they will account for up to 75 per cent of cars on the road by the year 2040.
IMAGES: Renault Scala Drives in at Rs 6.99 lakh
Petrol variant will be available in the RxE and RxL variants whereas diesel will be the RxL and RxZ variants.
Quiz: Which is the world's most valuable stamp?
Take this quiz to find out if this a hobby for you. If you are already into stamp collection, find out how well you know your postage stamps.
BAD NEWS! Govt may hike fuel prices next week
According to reports, the price of petrol is expected to go up by Rs 5 and diesel by Rs 6.
SPECIAL: Why the current economic recovery is different
Many policy makers and economists have observed that the recovery from the 2007-2008 financial crisis has been much slower than most recoveries of the post-war era, which needed only a little more than a year, on average, to restore output and employment to their previous levels.
Competitiveness: India's rank FALLS further to 59!
India's ranking declined by three places to 59th position in the Global Competitiveness Index 2012 2013.
IMAGES: Evade is India's costliest SUV
Toronto-based company Conquest Vehicles has launched Evade, the company's first unarmoured SUV in India.
How coal mine workers struggle to make a living
After the 2G spectrum scam, the focus is now on the coal scam which has cost the exchequer a whopping Rs 1.86 lakh crore.
IMAGES: 30 most competitive countries in the world
Countries all across the world are competing to attract business and tourists.
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| September 06, 2012 | | Petrol costlier in India than in US, Pak, Lanka
Petrol in the national capital costs Rs 68.46 per litre as compared to Rs 53.32 a litre in Pakistan, Rs 61.56 in Sri Lanka and Rs 62.25 in Bangladesh.
Recipe to make India's capital market more inclusive
This is the concluding part of a three-part series, where discus how share prices in India are manipulated and the future of the country's stock exchanges.
Much of bad news is probably behind us: Citigroup India
Citigroup Global Markets veteran Rajiv Nayar is cautiously optimistic as he sees bouts of risk-on and risk-off sentiments affecting capital raising by Indian companies.
Why visiting a bank branch is so outdated
Now, customers can do a real time cash deposit into a bank account, withdraw cash, deposit cheques, transfer funds, open fixed deposits, generate bank statements, pay insurance premiums, home loan EMIs and so on.
PHOTOS: A day in the life of workers around the world
Labour Day, the first Monday in September is dedicated to the social and economic achievements of American workers.
IMAGES: 20 most influential people in the world
Bloomberg has ranked world's most influential people.
'Rural poor are better off than urban poor'
India may need to take a fresh look at its monetary policy, says Amartya Lahiri, professor of Economics at the University of British Columbia.
IMAGES: 10 limited edition cars launched so far in India
With the festive season approaching soon, many more limited edition cars will be rendered with mouth watering discounts and freebies.
Coal scam: A review of the govt's big MISTAKES
Looking back, it appears that the first signs of the problem were visible when the policy on captive coal mining was formulated almost two decades ago.
IMAGES: World's 10 most productive cities
A study by the Brooking Institution compared per-capita gross domestic product and employment data from 2010 to 2011 in 200 of the world's largest metropolitan areas.
30 nations that are best geared for economic change
Around the world, countries, businesses and institutions are undergoing unprecedented change with new challenges and opportunities every day. Keeping this in mind, KPMG's study 2012 Change Readiness Index assesses these countries' on their ability to manage change and cultivate opportunity in the future.
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| September 03, 2012 | | Loss on diesel sale mounts to Rs 19.26 per litre
Losses on sale of diesel at government-controlled rates have hit a record Rs 19.26 a litre, sending state-owned oil companies scrambling for ways to cover the mounting losses.
Morgan Stanley LOWERS India's growth forecast to 5.1%
Calling for immediate policy action by the government, it warned that in the absence of such a step the GDP growth could slide even deeper -- to 4.3 per cent in 2012-13.
Stunning PHOTOS of homemade cars
There are some car lovers who built their vehicles from scratch with their own hands.
Buying a smartphone? Wait till October
The widely-rumoured Apple iPhone 5 is scheduled to make an appearance on 12 September, Nokia-Microsoft, too, is allegedly launching new smartphones and Samsung has already released a new Windows 8 phablet (phone that masquerades as a tablet).
Demand for gold loans set to revive
After a significant decline in business in the quarter ended June, leading gold loan companies are set to see a reversal of fortunes. In fact, the recovery already started in August, with a revival in the southwest monsoon.
Column: Govt must get on with social media, not attack it
Early last month, as it was trying to contain the fallout from the Assam riots, the government notified a draft framework for social media engagement as part of the National e-Governance Plan (NeGP).
IMAGES: Are these cars or something else?
Some people colour their vehicles in different shades, some modify them to extreme length and some give them a complete new shape.
India's manufacturing growth slips to 9-mth low
The index, however has remained above the 50 mark - below which it indicates contraction - for more than three years now.
Developers don't find affordable homes 'affordable'
Developers could not find the model of affordable housing viable as they used same resources for premium projects and due to rise in cement and steel prices.
Economy slipping into JOBLESS de-growth: Ficci
The government has been accused of ushering the economy into a period of jobless growth.
COLUMN: Why has the coal scam become a sweeping saga?
The coal scandal began with revelations about the Manmohan Singh government, then expanded in scope to take in the Vajpayee government, and has now become a sweeping saga that lays bare the contemporary Indian state.
Speed-dating in a slow job market
In these times of a slowdown in the job market, over 34 start-up companies from across states and 53 job seekers converged in Mumbai to find a fit for their professional needs -- taking the total number of interactions to over 1,400.
Will the advent of a 3rd exchange help India's bourses?
As much as half the turnover of all stock exchanges in India is accounted for by only 25 broking firms. Ninety per cent of the turnover of all stock exchanges in the country is out of only five cities. These are hardly healthy signs of India's financial markets.
Why is India Inc PESSIMISTIC about reforms
As many as 76 per cent of the respondents did not expect economic reforms to move forward, given the upcoming 2014 general elections.
IMAGES: How the Dubai Metro was built
Dubai Metro is the world's longest fully automated metro network spanning 75 kilometres.
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