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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.
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