|August 31, 2012|
|PM calls for conducive climate to spur growth, investment|
Amid the April-June quarter growth slipping to 5.5 per cent, the lowest Q1 growth in a decade, Prime Minister Manmohan Singh on Friday strongly pitched for creating conducive climate to boost investment and economy.
Fiscal deficit for Apr-Jul at Rs 2.64 lakh cr
Fiscal deficit in the first four months of 2012-13 stood at 51.5 per cent of the budget estimates -- slightly better compared to 55.4 per cent in the same period a year ago -- according to Controller General of Accounts (CGA) data released on Friday.
How govt plans to CURB radiation from mobile towers
Radiation emission from mobile telephone towers will be reduced to 1/10th of the present level from Saturday, a decision aimed at addressing public health concerns.
Narayana Murthy requests FM to set things 'RIGHT'
Expressing hope that new Finance Minister P Chidambaram will "set right" things at the earliest, business leader NR Narayana Murthy on Friday said the government and the opposition should declare that they would never do anything on "retrospective basis".
Agriculture growth slows to 2.9% in Q1
The fall in production of rice and oilseeds pulled down the growth in the agriculture sector to 2.9 per cent in the first quarter of the current fiscal, even as wheat and cotton output increased.
Car plant in Bengal? Possible, says Ratan Tata
He was responding to the shareholders' questions relating to the abandoned Nano car factory at Singur at the AGM of Tata Global Beverages.
IMAGES: A look at Samsung's new gadgets
Samsung Group is a South Korean multinational conglomerate company headquartered in Samsung Town, Seoul.
Sahara Group asked to refund Rs 17,400 cr to investors
In a major setback to the Sahara Group, the Supreme Court on Friday directed two of its companies to refund around Rs 17,400 crore to their investors within three months with 15 per cent interest.
Economic growth declines to 5.5% in April-June
The gross domestic product had expanded by 8 per cent in the April-June quarter of 2011-12.
Public sector bank chiefs are not paragons of HR virtue
Human resource, or HR, development is one of the key portfolios that K C Chakrabarty handles as the Reserve Bank of India (RBI) deputy governor.
Quiz: What was Warren Buffet's first job?
Today they are the leading names in the world of business, technology and finance. But, before they started out their big business careers, many of them worked outside of their arena.
'Next Infosys CEO should be from within'
According to the retirement policy followed at Infosys, Shibulal would retire in about three years, when he turns 60.
IMAGES: India's biggest and busiest airports
Riding high on the aviation boom, India has built 17 international airports.
August rains best among recent drought years
The rains in August have also led to speculation that if the trend continues, rains in September, the terminal month of the four-month monsoon season, could be better, thus aiding production of paddy and other kharif crops.
IMAGES: South Asia among top tourist destinations
In 2011, travel and tourism generated $2 trillion globally.
IMAGES: 10 wildest highways in the world
There are some highways that cross 16 countries, some have no speed limit and some have 26 lanes on each side.
|August 30, 2012|
|Corp Bank, Union Bank cut rates on home, car loans|
Corporation Bank has decided to slash interest rates on home, car and educational loans with effect from September 1 for a three-month period.
Good news! Diesel, LPG rates may not be hiked
Diesel and cooking gas (LPG) prices are unlikely to be hiked even after the end of the Monsoon Session of Parliament next week as the government is wary of taking such a decision at a time when it already has political battles on hand.
Gold imports dip 18.4% to Rs 71,912 cr
India's gold imports contracted by 18.4 per cent year-on-year to Rs 71,912 crore in theApril-June quarter of the current fiscal.
KV Kamath disagrees with SBI Chairman
ICICI Bank Chairman K V Kamath on Thursday disagreed with the suggestion of SBI chief Pratip Chaudhuri that RBI should scrap CRR, saying it is part of the monetary policy and no issue can be made of it.
IMAGES: Office space in Mumbai among most expensive
Renting an office space in prime locations in major cities, such as London or Hong Kong, isn't cheap.
Madhya Pradesh to be in top 10 diamond producers' league
Rio Tinto, one of the largest global miners, has started a trial run of diamond mining operations from its Bunder project in Madhya Pradesh.
IMAGES: Samsung unveils new Galaxy Note II
Samsung Electronics, after losing a US patent battle with Apple, unveiled the second generation of its popular Galaxy Note phone-cum-tablet in Berlin on Wednesday.
How companies plan to hire EMPLOYABLE graduates
Tired of complaining about the employability of graduates in the country, individual IT-ITeS firms are now tying up with educational institutes to be able to hire more employable graduates.
Now, online grocery stores draw investor interest
After BigBasket, another online grocery retailer, MyGrahak, is scouting for private equity (PE) investment to fund its expansion plans.
New FM will take tough decisions, says Nobel Prize winner
In a recent Facebook interaction, Andrew Michael Spence, who got the Nobel Prize in Economics in 2001 with Joseph Stiglitz and George Akerlof, said India had suffered self-inflicted wounds to lower investor confidence.
A Rs 4-lakh car, and 8 others will soon be in India
Spoilt for choice? More car brands heading this way.
IMAGES: Renault may launch Scala at Rs 6 lakh only!
Renault has a good lineage of cars that drive very well on Indian roads.
Historic IMAGES: Journey of the railways
Oldest, man-hauled railways date to the 6th century BC, with Periander, one of the Seven Sages of Greece, credited with its invention.
IMAGES: New York City as it used to be
New York is the most populous city in the United States and the centre of the New York Metropolitan Area.
|August 29, 2012|
|Apple computer sold from Jobs' garage to be auctioned|
Fewer than 50 original Apple 1s are believed to survive, with only six known to be in working condition.
SPECIAL: Is Nashik the next Manesar?
The nine-month-old labour agitation at Everest Industries Ltd's plant in Nashik took a violent turn on Friday as three management officials of the company were stabbed.
Bengaluru's burning problem: Its garbage
The city's experience offers a lesson to all major urban centres in the country, which will come to grief if they do not follow the right policies.
Why high growth is not a perfect solution for an economy
As India has fallen off the high-growth path that it travelled for five years (2003-08) to considerable global acclaim, economists have focused on the prerequisites of high growth, to highlight what needs doing to again be among the global good and the great.
Raghuram Rajan appointed India's top economic adviser
Given that the public is no longer willing to tolerate lack of transparency, politicians will see they have no alternative but to change, feels Raghuram Rajan, economic advisor to the prime minister. Interestingly, Professor Rajan made this hard-hitting speech at an event to release a book in Prime Minister Manmohan Singh's honour.
How Big Mac aims to stay ahead of the game
McDonald's is adopting differential pricing, new formats and designs to stay relevant to customers who are spoilt for choice.
RBI on why inflation needs to be brought down to 5%
Inflation as measured by the Wholesale Price Index stood at 6.87 per cent in July, down from 7.25 per cent in June. It is still much above RBI's comfort level of 5-6 per cent.
IMAGES: Top 10 supermarket giants in the world
Let's have a look at some of the retail giants in the world.
IN PIX: What next to Apple's victory over Samsung?
Innovation will be hit by US ruling.
IMAGES: New Toyota Camry and its 4 closest rivals
The new Toyota Camry will be challenging the likes of Volkswagen Passat, Hyundai Sonata, Honda Accord and Skoda Superb, to name a few popular names from the segment.
IMAGES: 24 countries with most compulsory holidays
There are some countries that legally require workers to take vacation.
Amazing IMAGES of supercar McLaren Spider
McLaren Group is famous for producing supercars.
Year 2050: These economies will DOMINATE the world
With the rapid growth of the emerging markets, the global economy is experiencing a seismic shift, points out the latest study by HSBC. Titled, 'The World in 2050', the report highlights that the economic shift is likely to continue.
Indian states with HIGHEST FDI, Odisha is No.1
A total of 763 FDI proposals worth over Rs 1.78 lakh crore were filed across various states in India during 2011-12, according to Assocham.
NEW aircraft: India's airlines have BIG plans
The airlines in India are expected to add around 370 aircraft worth Rs 150,000 crore (Rs 1.5 trillion) to their fleet by FY17, according to a study by Assocham.
|August 27, 2012|
|Indo-US trade likely to EXCEED $100 bn in 2012|
In many ways, the United States and India are fulfilling our own destinies now, as we cooperate even more closely together.
Has Sonia Gandhi killed economic growth?
Manmohan Singh has blamed the lack of an ingredient called 'consensus' for slow economic growth.
Why government's web censorship is FAULTY
In the poorly planned blocking of several websites and accounts on the social networks Twitter and Facebook, it has demonstrated not just the wrong instincts, but a wholesale lack of effectiveness.
Govt still hasn't recovered all the black money
Progress has been painfully slow despite strengthening global information-sharing networks.
Column: Why is Delhi Airport losing money
Delhi airport has been losing money for the past six years because of the heavy interest burden on loans.
Taking stock in the tech world
When a technology change happens its universal and so is the impact.
Check out Mario in a new avatar
The New Super Mario Bros for the Nintendo DS brings back the traditional side-scrolling adventure game featuring Mario, Luigi and other favourite characters from the popular Mario series.
IMAGES: How much does Eiffel Tower cost?
The iconic Eiffel Tower has turned out to be Europe's most valuable monument.
COLUMN: Why a South Asian Union is not a bad idea
The best insurance for the future is to ensure that people are fully employed and not pushed into the arms of communalists because they are compelled to fight for crumbs of a depleted pie of economic opportunity.
SPECIAL: How AI's political baggage dug its grave
State ownership of the national carrier has undermined the commercial principles that should drive its operation.
Leela Palace Chennai readying for November opening
Chennai's newest luxury hotel, situated on the southern end of the Marina beach, is being readied to welcome guests. Sea-facing, the Chettinad Palace-inspired opulent hotel from Hotel Leelaventure Ltd will open early November, just in time to cash in on the peak-season demand.
23% rise in FAKE notes in India's private banks
Govt targets coordinated approach among agencies; plastic notes set for test in five cities.
IMAGES: Ultra-rare supercar Zenvo
Just 15 of these ultra-rare cars are produced every year and each car costs $1.8 million.
|August 24, 2012|
|IMAGES: Samsung launches Galaxy Note 800|
Handset maker Samsung on Friday said it expects its market share to rise to 65 per cent in the Indian tablet PC market as it expands its product portfolio during the year.
IMAGES: The all new Rs 23.80 lakh Toyota Camry is here
Camry is the highest grossing vehicle from the Toyota clan in the global market.
Billionaire wealth: Top 5 WINNERS and LOSERS
Take a look at the 5 biggest winners and losers on a real-time basis.
Making money isn't supposed to be easy
Every economy has a natural "frequency" that is determined by a range of factors, including size, population and its age distribution, type of government, dynamism (as measured by things like ease of doing business), importance of religion, culture and so on. Technology, of course, is a key factor, both in terms of assessing the frequency and in terms of changing it.
Maruti puts Gujarat plant on FAST TRACK
Suzuki has prioritised meeting with Gujarat Chief minister Narendra Modi over his Haryana counterpart B S Hooda, illustrating not only his fondness for Modi, whom he hosted last month in Japan, but also indicating the company's seriousness to start work on the Gujarat project.
Airlines concerned about 49% FDI cap: Lufthansa
The 49 per cent cap that would not give them a majority control over domestic carriers.
Singur land row: SC notice to Tata Motors
A bench of justices H L Dattu and C K Prasad, however, said that the Calcutta high court's interim order which had stated that the state need not part with the land for two months to allow it file its appeal, would continue.
Growth may be back on track next year, says RBI
Central bank sees ray of hope in govt's latest promises
How India's youngest airline became the largest
A signature cocktail of on-time performance, clean aircraft and good on-board service has helped India's youngest airline become the largest.
2 Indian biz women among the world's most POWERFUL
The list includes political leaders, corporate executives, NGO heads, top government functionaries and a first lady. Here, we present you the world's top 30 businesswomen.
Retrenchment or dismissal? Maruti action sparks debate
While retrenchment of workers is possible under the Industrial Disputes Act, subject to the approval of the state government, dismissal is possible under the Industrial Employment Standing Orders Act, which does not require the state approval.
Icra lowers GDP forecast to 5.7%
Rating agency Icra has revised down its GDP growth estimate to 5.7 per cent, citing absence of concrete improvements in the investment sentiment, weaker monsoon and a likely rise in inflation, which limit RBI's room to spur the growth by cutting rates.
SPECIAL: Bad old ways of modern-day entrepreneurs
Despite a more liberalised business milieu, modern-day entrepreneurs remain prone to unethical behaviour and poor governance.
IMAGES: Check out these dangerous luxury cars!
Only 3 out of 11 luxury cars have received good or acceptable ratings in the Insurance Institute for Highway Safety's new small overlap frontal crash test, the latest addition to a suite of tests designed to help consumers buy the safest vehicles.
IN PIX: DLF may sell Aman Resorts for $350 million
Recently, DLF sold 17 acres of prime land in Mumbai to Lodha Developers for Rs 2,700 crore.
IMAGES: World's biggest vehicle manufacturing nations
China's automobile industry has been the largest in the world in terms of automobile unit production since 2008.
IMAGES: Maruti launches Rs 4.45 lakh Wagon R Pro
Wagon R's sibling is out with additional features new body graphics, new wheel cover design, rear spoiler, bumper rub rails, body rub rails at the rear and front end, on the exterior level of the car.
Apple iPhone 5: Wait to END on September 12
Apple iPhone 5 will be introduced on September 12. Even, pre-orders start on the same date; the latest fad will be shipped on September 21, the Friday. Things, though, are not yet official.
|August 23, 2012|
|TCS overtakes RIL as India's most VALUED co|
Consequently, RIL lost its about position of the country's largest company in terms of market valuation, which it had held for nearly a month.
Gamescom 2012: A gamer's paradise
The Gamescom convention is Europe's largest video games trade fair.
BharatBenz ready to take on the Indian roads
By designing trucks just for the Indian market, the vaunted German auto maker is about to start what analysts are calling a 'bloodbath' in the industry.
What lies ahead for Jet Airways?
Though June-quarter performance was impressive, fuel price hikes and falling demand pose fresh challenges for the company.
IMAGES: 10 college dropouts who built business empires
They never went to college...yet they own some of the world's biggest businesses.
Images: World's top 10 richest countries in 2050
The London School of Economics professor Danny Quah forecasts that by 2050 the world's economic centre of gravity, a theoretical measure of the focal point of global economic activity based on GDP, will have shifted eastwards, as quoted in the Wealth Report 2012 by Knight Frank & Citi Private Bank.
STRIKE: Banking operations remain disrupted
Normal operations in public sector banks, including cheque clearances and fund transfers, were on Thursday hampered for the second day because of the strike called by unions to protest against reforms in the sector and outsourcing of non-core services to private sector.
TCS' star CEO in returns, has to catch up with Infosys
Murthy best performer in IT stock returns, TCS' Chandra in pole position among current chief executives.
IMAGES: Delhi airport to become global air traffic hub
Delhi International Airport Ltd (DIAL) is taking baby steps towards becoming an international airline hub.
IMAGES: India will soon bid goodbye to these 7 cars
'Survival of the fittest' is the mantra here; if a car fails to impress customers, it is either chucked out or given a makeover.
IMAGES: World's 10 hottest real estate markets
According to CNBC's report based on a research by global real estate consultancy Knight Frank, which ranks countries according to highest average growth in housing prices from the fourth quarter of 2006 to the same period in 2011, here are the world's hottest real estate markets.
PIX: World's 2nd best airport gets a stunning makeover
Changi Airport's Terminal 1 (T1) has received a S$500 million makeover.
|August 22, 2012|
|Want to teach your child importance of saving? Try this|
Banks like ICICI Bank, ING Vysya Bank, HDFC Bank and Kotak Mahindra Bank provide savings bank accounts for children (below 18 years).
Maruti sack order illegal, say trade unions
Central trade unions have questioned Maruti Suzuki's decision to terminate the services of 500 of its permanent workers, alleging not just violation of the Industrial Disputes Act, but also immaturity on the management's part in failing to arrive at a peaceful settlement of the dispute.
IMAGES: MTS launches three smartphones in India
SSTL, whose 21 licences are among those cancelled by the Supreme Court in the 2G spectrum case, offers CDMA telephony services under the MTS brand name.
Mr Minister you are wrong! High prices HURT farmers
Mr Verma argued that higher prices for agricultural goods meant more gains for India's farmers and, therefore, he was happy with such inflation.
12th Plan GDP growth pegged at 8.5%
Economists say even 8.5 per cent growth is an optimistic target, which could not be met, unless the government pushes for economic reforms.
FDI in retail will benefit poor farmers: Beni Verma
Steel Minister Beni Prasad Verma has been in news for his statement "inflation helps farmers". He talks about why he stands by his statement and how FDI in retail would set right prices for both agriculturalists and consumers.
Sebi cracks down on MISUSE of Esops
Restricts buying by schemes from secondary market.
Nano needs another push, says Ratan Tata
Tata Nano's potential was not fully exploited and the world's cheapest car needed another push to boost sales, said Tata Motors Ltd Chairman Ratan Tata.
Column: How can China REBUILD its economy?
Its economy needs radical re-engineering on a par with its original transformation three decades ago.
Banking services hit by strike; unions protest reforms
Employees of public sector banks have gone on two-day nationwide strike on Wednesday opposing banking sector reforms and outsourcing of non-core activities, affecting operations.Several private sector banks, foreign banks and ATMs, however, continued to operate normally.
How rival models are trying to gain from Swift's pain
That's a tailor-made opportunity for rivals such as Renault, Ford and Nissan who have stepped on the gas on customer offers.
IMAGES: These SUVs and MPVs will soon be in India
Keeping in mind India's obsession for family vehicles, here is a list of the SUVs and MPV/Minivans that are scheduled to be released soon.
IMAGES: World's oldest Ferrari unveiled!
The 166 Spyder Corsa was built by manufacturer Enzo Ferrari just after the World War II.
Why India must hike diesel price
With the losses incurred by oil marketing companies (OMC's) on selling regulated fuels below their market prices (under-recoveries) reaching alarming levels, an urgent corrective action, like hiking the price of diesel, has become imperative, says a Crisil study.
|August 21, 2012|
|Mumbai's real estate CRASHES, suburbs turn attractive|
Skyrocketing real estate prices in Mumbai and global economic conditions have badly hit Mumbai's real estate sector with sales falling by nearly 70 per cent.
How 'Friends' are ruling the ad world
Mind you, here we are not talking subscriber base or the pecking order in the India mobile phone market; this is simply about brand recall and the likeability factor.
Jet and SpiceJet soar on the misfortunes of rivals
Despite a bleak operating environment, Jet Airways and SpiceJet have flown into the black. The turnaround may have more to do with their embattled rivals than anything else.
1924 Rolls: 1st car from India to win this US award
Arvind Singh Mewar of Udaipur, the scion of the House of Mewar has become the first Indian ever to win a trophy at the recently-concluded five-day 62nd annual Pebble Beach Concours d'Elegance event in California.
The INSPIRING story of a million-dollar company
OrangeScape, one of the most successful start-ups in India, was in the news last month, when it was named the prime technology partner for 'Google App Engine'.
Why customers break-up with their favourite brands
The reality is that customers can and will cut ties with brands that do not take their best interests into account.
Mobile cos see 7-8% revenue loss due to curb on SMSes
The government had banned bulk SMSes and MMSes for 15 days across the country from August 18.
Online privacy: Look who's watching you
Online privacy probably began with websites using counters on web pages to track the number of visitors, but it has now evolved into a sophisticated software that can tag and compare site visitors, telling site owners exactly what visitors did on the web.
QUIZ: Which is the world's busiest airport?
It won't be so bad if we know little more about the airports around the world. Right? So, take this quiz to find out how well you know the airports?
How the gutka industry is being killed
Starting April 1, eight states have banned the manufacture, sale and storage of this mixture of tobacco, catechu, areca nut, slaked lime and food additives.
Looking at buying a 3D TV? Here are some options
If you are looking to buy a 3D TV, here are some latest idiot boxes that deliver respectable 3D experience.
IMAGES: World's worst cities to live in
Latest report from the Economist Intelligence Unit has ranked worst cities in the world to live in.
Maruti reopens Manesar plant under police protection
Maruti Suzuki India on Tuesday reopened its Manesar plant amid heavy security, a month after a lockout was declared due to the violence in which one senior company official was killed and 100 others injured.
Infosys wins case against a whistleblower employee
The judge ruled that that Palmer failed to prove his claims against Infosys -- including breach of contract and fraudulent misrepresentation, under Alabama state law and therefore had no right to recover damages.
IMAGES: Nissan Evalia and its 2 biggest rivals
The first Evalia in India will sport a 1.5L K9K dCi diesel engine.
Amazing IMAGES of supercar Koenigsegg Agera R
Koenigsegg is a Swedish manufacturer of high-performance sports cars.
Slowdown? Residential property prices hit the roof!
Developers say rise due to increase in cost of credit, input and labour.
|August 20, 2012|
|Which is India's LARGEST airline?|
According to the latest figures released by the DGCA, IndiGo, with 27 per cent market share in July this year, has edged past Jet, which managed 26.6 per cent share.
Asia gets its fastest undersea data cable system
A new 7,800 km undersea data cable has opened to traffic in Asia linking Japan, Malaysia, Singapore and the Philippines which could aid in financial trade.
Markets: Is this the lull before the storm?
The period of respite may presage another period of extreme volatility.
BEWARE! Don't use forged documents to get SIM cards
The new rules will be applicable from the second week of November.
Union minister says he is HAPPY with RISING prices
Lashing out at Beni Prasad Verma's rationale, BJP accuse Cong of turning blind eye to common man being hit by inflation.
IMAGES: 4th generation Range Rover REVEALED!
The all-new Range Rover ditches the body-on-frame chassis for an all-aluminium monocoque construction.
Online usage: Indian students caught in the Google web
It revealed that in absolute volume terms or the number of education related "searches", India ranks second only to US globally.
Why CAG's numbers on Delhi airport are MISLEADING
The Comptroller and Auditor-General's report on the Delhi International Airport Ltd (DIAL) as a public-private partnership (PPP) project makes several valid points, but presents a seemingly factual but fundamentally misleading picture of the total financial outcome.
IMAGES: Supercar Pagani Huayra
Pagani Automobili is an Italian manufacturer of sports cars and carbon fibre.
|August 17, 2012|
|Hungry or not, BPL families to get a free phone!|
The arguments in favour of the proposed 'Har Hath Mein Phone' scheme are strong. The challenge lies in its implementation.
PMEAC for hiking diesel price, cut in LPG cylinders
Raise the price of diesel and restrict supply of subsidised LPG cylinder in a year to four per family, Prime Minister's Economic Advisory Panel suggested on Friday.
CAG raps govt: Coal blocks biding LOSS at Rs 1.86 lakh cr
Rapping the government for its failure to timely implement the competitive bidding mechanism for allocation of coal blocks, CAG on Friday said part of the Rs 1.86 lakh crore loss could have been partially tapped had the procedure been put in place earlier.
IN PIX: This Chinese phone threatens to beat the iPhone!
A Chinese company Xiaomi Technology has launched a smartphone, Xiaomi Phone 2 which is set to challenge the mighty Apple iPhone.
AMAZING: A car that can folds itself
Hiriko is a folding two-seat urban electric car.
Why migrant labour is India's LIFEBLOOD
Without the freedom to move anywhere in India to work, citizenship loses much of its meaning, and without the ability to hire from the largest possible pool of labour, growth will become even more difficult to achieve.
PHOTOS: Samsung's new tablet takes on iPad, others
Samsung has launched Apple's iPad rival, the Galaxy Note 10.1 tablet.
How Obama plans to STOP jobs going to India
The Obama Administration has announced setting up of an institute for manufacturing innovations which will help prevent jobs going to India and China.
Amazing IMAGES reveal how miners search for gold
Gold has been a valuable and highly sought-after precious metal for coinage, jewellery, and other arts since long before the beginning of recorded history.
IMAGES: World's best cities to live in
Latest report from the Economist Intelligence Unit has ranked world's best cities to live in.
IMAGES: Stunning steel structures you must see!
Take a look at some of the most stunning structures made in steel!
Amazing IMAGES of supercar Hennessey Venom GT
Just 10 of them are manufactured every year and each car costs $1.1 million.
|August 16, 2012|
|Infy's visa fraud trial postponed to Sep 17|
The reason for the postponement couldn't be immediately ascertained.
COLUMN: India is a real market for power
Open access for consumers of electricity and a more effective market exchange for power are necessary.
RIL has potential to be a $100 bn company
For its m-cap to more than double, RIL needs government nod for nearly doubling of its gas price of $8 per million British thermal unit together with approvals for oil and gas field investments.
Maruti's Manesar plant to REOPEN on Aug 21
The country's largest car-maker has also issued termination notices to 500 regular workers.
Kerala firm gets Gates Foundation grant for 'e-toilet'
Thiruvananthapuram-based Eram Scientific Solutions Private Limited was awarded the grant as part of the foundation's second round of 'Reinvent the Toilet Challenge' grants totalling nearly $3.4 million.
IMAGES: A tour across Infosys' impressive campuses
The company bagged the LEED (Leadership in Energy and Environmental Design) India 'Platinum' rating by Indian Green Building Council (IGBC) for its Software Development Block 5 (SDB 5) in Mysore, Hyderabad and Jaipur.
IMAGES: Drought, a killer in India's growth story
Poor monsoon has shattered the hopes of revival in India's economic growth.
Mahindra Satyam needs to bag big deals, say analysts
Steady performance of Mahindra Satyam and increasing traction in non-BT revenues are key positives for Tech Mahindra.
India Inc struggles to find buyers for assets
Buyers are looking for deals at half the price sellers are asking for.
IMAGES: Ferrari's new museum in Italy
Legendary car manufacturer Ferrari has recently opened a new museum in Modena, Italy.
COLUMN: India's next tryst with destiny
Unlike China, India has not clearly embraced its post-reform policy direction
IMAGES: The stunning Nissan Evalia soon in India
Sold in the global markets as a van, Evalia will be placed in the category of an 'Urban Class Utility Vehicle' in India.
At Videocon, Dhoot Jr has BIG plans
Chairman Venugopal's son, Anirudh, pushes premiumisation agenda with higher technology poducts such as LED TVs
|August 15, 2012|
|Essar, RIL may HIKE petrol, diesel prices|
PSUs to wait and watch, IndianOil says losing Rs 1.37 on every litre of petrol.
Cheers! How Indian wine has come of age
Contrary to popular perception, the general quality of the wines I tasted was good, with some wines definitely very good, and in two instances, excellent.
Mahindra beating us is a shame, says Ratan Tata
Tata said it was a matter of "great shame" that the company allowed Mahindra & Mahindra to get ahead of it to claim the number three spot in passenger vehicle production.
Nation first - GIVE back to the community
ETNOW's Senior Editor speaks to corporate citizens and explores if a sustainable model of corporate social responsibility is the way forward for India's growth.
Why Jindal Steel exited its $2.1 bn venture in Bolivia
The mines are said to have 40 billion tonnes of ore, of which Jindal Steel Bolivia, a subsidiary of Jindal Steel & Power, had the rights to develop half -- 20 billion tonnes. To put in perspective, all of India's iron ore deposits add up to 28.5 billion tonnes.
IMAGES: Mahindra is the new king of Indian roads
M&M recently roared past Tata Motors in auto sales for the first time.
|August 13, 2012|
|Ford recalls over 1.28 lakh cars in India|
In one of biggest ever such exercises in the country, Ford India on Monday said it has recalled over 1.28 units of its best selling Figo and Classic cars to rectify problems related to steering and rear suspension.
A business model that gave 'life' to the poor
As an NGO, IVDP has facilitated loans totalling Rs 2,406 crore.
SNEAK PEEK: The all new Hyundai Elantra
Rohin Nagrani drives the new Elantra ahead of its launch.
Hotel occupancy, room rates set to hit a new low
If the first quarter results are anything to go by, the hospitality industry may have to face gloomier times ahead.
Retail biggies outdo each other with price challenges
Faced with tough competition and a slow economy, hypermarkets run by retail biggies are outdoing each other with price challenges, aggressive discounts and combo offerings for the Independence Day sales.
The good old desktop gets a makeover
Apple and Microsoft plan to introduce tablet-like features on the desktop to make it appealing for users.
A young maharaja who is also a passionate businessman
In this rapid fire chat on Tee Time with on ETNOW the young maharaja shares his childhood memories and talks of going from traditional to modern. Today he is converting his passions in golf, cricket and business into a real opportunity.
PHOTOS: Skoda to enter pre-owned car business
Skoda is working at entering the pre-owned car business by the end of the financial year.
Despite improving monsoon, worry continues for most crops
As the kharif sowing season exceeds two months, no crop has managed to reach the normal area of cultivation (average of the past five years), except for sugarcane, cotton and jute.
Anil Ambani cuts salary to Rs 5.5 crore in 2011-12
Anil Dhirubhai Ambani Group (ADAG) Chairman Anil Ambani has taken a huge cut in his total remuneration from his four main companies in 2011-12 at about Rs 5.5 crore (Rs 55 million), lower by nearly two-third from the previous year.
How LG aims to recover lost ground
It is a make-or-break year for South Korean handset maker LG Electronics in India. As per market research firm IDC, the share of smartphones in the overall handphone market in India is expected to touch 9.3 per cent by 2016, up from 2.9 per cent during 2012, making it the fastest growing smartphone market among the emerging nations.
IMAGES: Porsche goes into high gear to capture market
Macan, a compact SUV, could provide just the volume fillip the car manufacturer needs.
Veritas warns Indiabulls of legal action
Neeraj Monga says he might initiate legal action against Indiabulls for slanderous remarks.
IMAGES: World's 25 most business-friendly countries
In 2010/11, governments in 125 economies implemented 245 institutional and regulatory reforms as measured by Doing Business.
Further rating cut looms for India, warns Fitch
Fitch says possibility of downgrading India's sovereign rating is more than 50 per cent.
Amazing IMAGES of One World Trade Center in New York
Whole bunch of new renderings of One World Trade Center have just been released.
|August 10, 2012|
|Citi paints a GRIM picture of India's GDP|
India's economic growth could fall below 5 per cent.
Jaguar to unveil F-Type at Paris Motor Show in September
Tata Motors-owned Jaguar Land Rover on Friday said its new two-seater sports car F-Type will make its global debut in production form at the Paris Motor Show next month, marking its re-entry into the segment.
'London is the most sought after city for Indian firms'
London is the number one investment location for Indian companies.
China's economy continues to slow amid decline in exports
China's economy continued to slow down as declining exports and imports impacted revenues, raising fears about the strength of the world's second-largest economy.
Another growth data goof-up by the Centre?
MoSPI showed Maharashtra as the state with the least economic growth in 2011-12.
The 'Kid' reinvents Cognizant -- and himself
The man steering Cognizant today is boyish-looking, 44-year-old Francisco D'Souza, who could easily pass for an energetic student at a management school, than for the CEO of a top-flight technology company.
QUIZ: Which state is known for Madhubani paintings?
We all know that there is amazing cultural diversity throughout our country. The south, north, east and west have their own unique cultures and almost every state has impressed us with its own cultural niche.
Sony, BBC in alliance for India business
BBC to join OneAlliance platform, to outsource sales to MSM.
Reports on black money to miss Sept deadline
Three institutes entrusted with the task to estimate amount say data collection a hurd#8804 to submit report by December.
Concern on Nielsen research cuts across sectors
Nielsen's woes over questions being raised on the accuracy of its data are not restricted to media and fast-moving consumer goods companies.
Infosys stares at fresh US visa row
Former staffer files suit in US, says harassed after reporting visa abuse.
Why RBI cannot ignore IIP contraction
While the index of industrial production series is justly criticised for its flaws and its volatility, its trend is unmistakable.
IMAGES: Amazing cable railway rides in Switzerland
Switzerland offers some of the most exciting cable rides.
How online media gave this film director new hope
Taking this platform to a new level is this new-age impendent director, Shailja Gupta, who chose the online space to release her first film.
IMAGES: 20 most food-secure countries in the world
While the world is better fed than it was 50 years ago, those gains are now under threat.
IMAGES: Onboard the stunning SuperStar Virgo
A floating 5star resort, the SuperStar Virgo offers fun, entertainment and activities as it cruises through some of the most exotic locales across Asia.
|August 09, 2012|
|Banks have Rs 40,000-cr debt on airline companies: FM|
Banks have Rs 32,961 crore (Rs 329.61 billion) of securities against which loans were given, data given by Finance Minister P Chidambaram in the Lok Sabha showed.
Mahindra & Mahindra: Cost control drives profit beat
When it comes to navigating through tough times, Mahindra & Mahindra is no novice. The positive surprise the company has thrown up, in terms of profit and margin expansion in the June quarter, only endorses this fact.
Industrial output dips by 1.8%
Industrial output in the April-June quarter too contracted by 0.1 per cent this fiscal, according to the official data released on Thursday.
Noida replaces Mumbai in real estate ranking
Gurgaon scores down from previous year but still on top.
Car sales up 7% in July on last year's low base
Domestic passenger car sales jumped by 6.7 per cent to 1,43,496 units in July 2012 compared to 1,34,473 units in the same month in 2011.
TOUGH financial math ahead for Chidambaram
Economists say there aren't many options with the government at present, given the drought-like situation which would only spur its spending.
Only three Air India routes make money: Ajit Singh
At a time when the aviation industry is going through turbulent times and multiple issues, the government is trying to put Air India back on track.
BAD NEWS! Air India's Star dream ends
Jet Airways' prospects of entering the exclusive alliance brighten
PHOTOS: World's longest, largest, busiest highways
The United States has the world's largest network of highways, including both the Interstate Highway System and the US Highway System.
IMAGES: 20 biggest power plants in the world
United States, China and Japan are the world's largest producers of electricity.
IMAGES: Top 20 banks where the rich put their wealth
Bloomberg Markets Magazine has ranked top firms that manage money for the wealthiest.
|August 08, 2012|
|ONCE AGAIN! Citi, CLSA pegs India's growth to 5.4%|
The report, authored by Citi India chief economist Rohini Malkani, further said if the drought conditions worsen, growth may slip further to 4.9 per cent.
When will the next bull market start?
While Morgan Stanley believes individual stocks are in a bull phase, rate cuts, GDP growth revival are key.
'No competition for Gujarat in years to come'
Speaking at 'Business Standard Gujarat Round Table 2012' in Ahmedabad on Tuesday, Minister of State for industries, energy and petrochemicals, Saurabh Patel, said the state was way ahead of others in the country.
Manesar violence: 30 trade unions seek CBI probe
According to sources in the know, nearly 25,000 workers from Honda Motorcycle and Scooter India, Suzuki Powertrain India, Gurgaon-based Maruti Udyog Kamgar Union, Suzuki Motorcycle India, Sona Koyo Steering Systems, etc, filed a memorandum before Deputy Commissioner P C Meena.
A newspaper that wanted to fly
Deccan Chronicle's ventures into niche aviation and IPL seem to be cause of its troubles Could the strange twists and turns in the relationship between the Deccan Chronicle and Kishore Biyani-controlled Future Capital be simply coincidental?
IMAGES: Ultra-rare supercars in the world
There are some cars that are truly rare.
Key Bills to be taken up as Parliament reconvenes
A slew of Bills that will have a significant effect on India's financial landscape are likely to come up in the Monsoon session of Parliament.
Good news: Air is cleaner. Bad news: Water still dirty
Air pollution has fallen, but rivers remain dirty, says Rema Hanna, an academic who has studied pollution in India.
GREAT projects that will CHANGE the face of 10 cities
The revamp of cities to offset hectic pace of urban living is the idea behind these mega projects.
Clash of the titans: Audi, BMW, Merc BATTLE it out
With the release of the Audi A8L 4.2 TDi, all three auto manufacturers having brought their champions to the Indian roads and it is time to see how these fearsome gladiators will fare against each other.
Shocking! Only 21 per cent of MBAs are employable
With the rise in the number of B-schools, the employability standard of MBAs has drastically fallen.
SPECIAL: Moving story of a Magsaysay winner
He has been working for the last 33 years with the tribals living in the remotest parts of Tamil Nadu and later with the underprivileged women in some of the villages in Krishnagiri, Dharmapuri and Vellore districts, making them self sufficient.
|August 07, 2012|
|'LIC: Not straitjacket but flexible products will soar'|
D K Mehrotra, chairman, LIC, tells Business Standard the proposed new product guidelines need to be tailored with some caution.
'Global investors remain positive about India'
Despite the toned-down estimates, Sukumar Rajah, MD and CIO -- Asian Equities, Franklin Templeton Investments, tells Business Standard that India maintains the lead in economic growth vis-a-vis most of its peers and the regulatory risk will reduce.
IMAGES: Lufthansa flies world's newest aircraft to India
B747-8 introduction marks Asia launch of airline's all-new Business Class.
Now, StanChart's India outsourcing under US lens
A probe by the New York State's key banking regulator, the Department of Financial Services, has found deficient money laundering controls in outsourcing of work by StanChart to India, thus exposing the US financial system to terror financing and other risks.
COLUMN: Blackouts and unconventional solutions
Instead of just being angry or dismayed by last week's blackouts we could all look more closely at some unconventional, out-of-the-box, solutions that have enormous long term promise.
SPECIAL: Maruti's 'low road' to trouble
Maruti's transformation -- if not descent -- to the 'low road' of labour practices stems from growing competitive pressures in the marketplace since the late 1990s.
PHOTOS: Largest, busiest and highest railway stations
The world's largest station in terms of platforms is Grand Central Terminal in New York City with 44 platforms.
IMAGES: Stark architecture of Communist-era Europe
Slovenian professor Roman Bezjak has captured some beautiful images of Communist-era Europe.
Remote workers: Here's how companies MANAGE them
Though not exactly a new phenomenon, remote working -- professionals working from any place other than their offices -- is now becoming almost routine as more and more companies look at it not just as a tool to cut operational costs but as a means to retain employees and offer them a better work-life balance.
How solar power has lit up lives in India
The arrival of solar power last year has changed the lives of people in rural India.
GOOD NEWS! Indian job space looks bullish
According to the findings of the 12th Antal Global Snapshot, hiring levels across the globe witnessed a slowdown in the June quarter, while the Indian job space looks bullish.
Slow growth raises spectre of unemployment in China
This year, close to seven million college graduates are entering the work force.
India's long-term story remains intact, says Kidwai
Indians want to have a little more clarity and certainty before they invest, says Naina Lal Kidwai, Executive Director, HSBC Limited and Country Head, HSBC India.
Cognizant TOPPLES Infy as No 2 IT firm in India
Last year in the same quarter, Cognizant had toppled Wipro as the third largest software exporter in India.
The 1.3-litre Multijet engine also powers these cars
The 1248cc, in-line four-cylinder Multijet engine is Fiat's brainchild.
IMAGES: 15 mega-airport projects in the world
Some countries spend billions of dollars on mega airports.
IN PIX: Famous 10 logos and how much they cost
Companies pay close attention to their logos. After all it's the logo that gives the brand its identity. However, there is a big difference between the price and the value of a logo design.
|August 06, 2012|
|New stores, malls hit retailers' sales in big cities|
For instance, Shoppers Stop has seen a mere two per cent like-to-like growth in the southern region in the first quarter of 2012-13 (and 10 per cent in the western region, mostly Mumbai and Pune) due to the cannibalisation effect, said managing director Govind Shrikhande.
'Labour law reforms have lagged auto sector growth'
Tamil Nadu, claiming to be the Detroit of India, has labour unrest in the automobile industry, among others.
Drought: Food prices to hit record highs, grim outlook
Food prices around the world are rising to historic highs following extreme weather conditions.Food prices around the world are rising to historic highs following extreme weather conditions.
Why the designers of the Olympic logo broke all rules
How the designers of the Olympic logo broke the rules to send out a message that the Games were no longer just for the elite.
COLUMN: Lessons from the Maruti violence
Under a new industrial relations deal, the worker's basic right to a living wage and decent working conditions, as well as the right of association and collective bargaining, must be respected and made effective.
DGCA's aim is not to kill an airline: Arun Mishra
Arun Mishra takes over as Director General of Civil Aviation at a time when questions are being raised on its leniency with airlines. Being also grossly understaffed, it faces an International Civil Aviation Organisation safety audit this December. The new DG talks about these and other issues.
JLR shifts gear to take on German giants in India
The race to become India's top luxury car company has heated up, with Tata Motors-owned Jaguar Land Rover (JLR) planning launches and local research and development (R&D) facilities to take on German rivals BMW, Audi and Mercedes.
8 sectors double shareholders' wealth in 4 years
Robust growth in sales and profits has helped them grow the combined market cap by 92 per cent to Rs 17 lakh crore during FY08-12.
Falling rupee hurts India Inc in Q1
Mark-to-market losses, oil & gas companies drag profits; sales growth moderates
Microsoft's changing outlook on email
Just when we thought that web mail services were all about Google's Gmail and Yahoo, Microsoft redesigned its ageing Hotmail.com as Outlook.com, considered the biggest improvement in its email service in eight years.
42 million Indians watch videos online!
In future the line between the online video advertisement and the online video content is likely to blur.
Land talks on for 'smart cities' project in India
Maharashtra, Gujarat discussions progress faster than other 4 states in Delhi-Mumbai Industrial Corridor scheme
Less than 8% growth will hurt India badly: Economist
Potential growth in India is 8 to 8.5 per cent, says Kalpana Kochhar, World Bank's Chief Economist for South Asia.
How DROUGHT looms large over Indian economy
Drought looms as large this year as it did in 2009, even as attempts to play down its impact surface.
IMAGES: This hotel costs a whopping $50 million
Chinese multi-millionaire has built a replica of the Paris landmark Chateau de Maisons-Laffitte in Beijing.
IMAGES of an amazing railway that completed 100 years
One of the world's most amazing railway projects, Jungfrau Railway has completed 100 years.
IN PIX: This is how wine is made
The science of wine and winemaking is known as oenology. A person who makes wine is traditionally called a winemaker or vintner.
IMAGES: The Rs 6.19 lakh new Premier Rio is here!
The model launched abides by the norms of Bharat Emission IV and is available in red, silver, black and white.
|August 03, 2012|
|Floor price for spectrum auction fixed at Rs 14,000 cr|
The Cabinet on Friday fixed a minimum or base price of Rs 14,000 crore for the Supreme Court mandated auction of telecom spectrum.
Karbonn to launch 'Smart Tab 1' tablet PC in August
Karbonn Mobiles on Friday said it will launch world's first 'Smart Tab 1' tablet PC loaded with the latest version of Google's Android operating system in the country in August.
Maruti to scale up safety measures at Manesar plant
Hit by worst ever violence in its history, the country's largest car maker Maruti Suzuki on Friday said it is considering to deploy advanced safety measures forits employees at the Manesar plant.
Hike diesel price or face grid collapse: Montek
Raise diesel prices or else face a situation similar to the recent grid failure which led to complete blackout across 20 states for hours, Planning Commission Deputy Chairman Montek Singh Ahluwalia said on Friday.
Narayana Murthy hopeful of Infosys' Kolkata centre
Founder of software giant Infosys, N R Narayana Murthy on Monday said he was positive that the company's first centre would come up in the metropolis."
Billboard players are putting up a brave face
Travellers at the Mumbai airport were in for a surprise recently. They were greeted by Volkswagen's flagship product Beetle. Not the original one, but a car made from scrap, which was a "tailor-made" out of home (OOH) advertisement designed by DDB MudraMax.
The world's 15 most HARDWORKING nations
India has been ranked as one of the most hardworking nations in the world.
It's official, Met says rains to be deficient this year
The India Meteorological Department (IMD), for the first time, officially hinted at a drought-like situation, saying the southwest monsoon over India in 2012 is likely to be deficient at below 90 per cent of the Long Period Average (LPA).
Should you switch your home loan to SBI?
Wait for some days, as other lenders are likely to follow suit. You can also negotiate for a lower rate before deciding on a change of bankers.
Power companies lose Rs 550 crore in two days
The massive electricity grid failure earlier this week, that left a majority of India in darkness, has impacted the volumes of power generation companies. The worst power black-out in the world hit their revenues by an estimated Rs 550 crore (Rs 5.5 billion) in two days.
Column: Maruti could have avoided glaring HR goof-ups
The latest round of violence in Manesar brings into sharp focus how Maruti could have done better in terms of industrial relations management.
IN PIX: What's so special about the Rolls-Royce
The Silver Ghost, launched in 1907, was a car of legendary smoothness that completed a 14,371 mile virtually non-stop run, creating 'the best car in the world' legend.
Meet the CEO who 'has not seen a slowdown'
Having delivered the numbers, Nitin Paranjpe talks about his plans to make Hindustan Unilever future-proof.
IMAGES: 10 most stolen luxury cars
Thousands of cars are stolen every day around the world.
Sensex ends 26 points lower in volatile trade
After dropping nearly 200 points, the Sensex on Friday staged a smart recovery tracking strong cues to close just 26 points lower as investors looked beyond thedeficient monsoon and ECB not announcing immediate steps to tackle Eurozone debt crisis.
Rupee recovers after breaching 56-level
The rupee on Friday again breached the 56-mark by losing 31 paise to 56.15 against the US dollar in early trade to hit a fresh one-week low, due to strong demand for the American currency from banks and importers.
Focus on HR, not stocks, to maximise profits
The perils of thinking of human resources as 'soft'.
Jet Airways charts new route
Jet Airways is venturing into the loyalty management business.
World's 10 most innovative urban transport projects
With world's population rising, it is imperative to have an efficient, cost effective and green form of urban transport.
Planning to buy'builder floors'? Read this....
The builder floors can be developed either by established builder, individual land owners or as joint venture of both the parties.
Quiz: Which is the world's first airport?
The phrase for this month is Who made it 'first' to the finish line? Keeping in line with this spirit, we bring you a few world's first. Take this quiz to find out how much you know about them.
IMAGES: 30 busiest subways in the world
There are 160 metro systems in the world.
|August 02, 2012|
|Employees spend a quarter of their day checking emails|
Working individuals spend two-and-a-half hours on an average writing emails every day, a new study has found, suggesting changes in the way people use computers that could make them 25 per cent more productive.
The world's 10 most VALUABLE banks
In the current economic scenario, most banks around the world have experienced some jitters and felt the jolt. However, some banks have managed to steer away from the storm and stay resistant to the troubles whirling around the sector.
IMAGES: World's top 20 global outsourcing companies
Average revenue for 2012 Global Outsourcing 100 providers was $1.6 billion, with a growth rate of 6 percent versus 13 percent in 2008.
Building an IT portfolio? Look at mid-cap stocks
The quarterly results of India's big four IT (information technology) players (HCL, TCS, Infosys and Wipro) have left investors confused, with no clarity on the sector's outlook.
India has the world's best, largest power grid: Moily
Power is a very crucial sector, as it fuels growth; one per cent increase in power generation leads to one per cent increase in gross domestic product, says Veerappa Moily.
Are India, US on the brink of trade war?
Political rhetoric ahead of Presidential elections in US is denting trade ties.
Rupee down 25 paise vs dollar in early trade
The rupee on Thursday lost 25 paise to 55.72 against the US dollar in early trade at the InterbankForeign Exchange market as the American currency gained strength against other currencies overseas.
Sensex ends 4-day upmove, falls 33 pts
Snapping a four-day gaining streak, the BSE benchmark Sensex on Thursday fell over 57 points in early trade due to profit-booking after recent gains amid a mixed trend in other Asian markets.
Good news! SBI slashes home, auto loan rates
On the day P Chidambaram took charge as the Union finance minister, the country's largest lender, State Bank of India (SBI), brought interest rate relief to its new home and automobile loan customers.
Why filing tax returns is necessary
Tax must be paid by the assessee failure of which will invite interest and penalties.
IMAGES: India among biggest nuclear-power generators
There is no shortage of uranium on the planet.
As jobs vanish, it's a NIGHTMARE for the unemployed
The unemployment rate in the euro zone has hit the highest since 1995 with the economic crisis forcing many companies to slash jobs.
|August 01, 2012|
|Diesel, LPG, kerosene prices may be hiked|
With a high-powered ministerial panel on fuel pricing being scrapped, a cabinet committee may consider raising the prices of diesel, LPG and kerosene, Oil Minister S Jaipal Reddy indicated on Wednesday but refused to say when the issue would be taken up.
BAD NEWS! Hiring goes downhill across all sectors
The survey by leading job portal Naukri.com has revealed a dip in hiring sentiment across sectors, with only 62 per cent of recruiters saying that new jobs will be created in the second half of 2012, as compared to 80 per cent a year ago.
Auto companies see mixed results in July
Most auto companies posted positive reults, while others saw a dip due to high interest rates, high fuel prices and other factors.
SHOCKING!10% of rural India lives on less than Rs 17 a day
According to a government survey released for 2011-12 on household consumer expenditure, "The poorest 10 per cent of India's rural population had an average monthly per capita expenditure of Rs 503.49 per month."
China's millionaire number crosses million mark
The number of millionaires in China crossed a million mark for the first in the Communist nation, putting it in the elite club of the wealthy nations like US and Japan.
Sahara eyes French palaces, Marriott's UK portfolio
Two deals are all it took the Sahara Group to let the global hospitality industry know it meant business.
Column: RBI's balance of growth and inflation may be wrong
The Reserve Bank of India, in its first-quarter review of monetary policy, kept the benchmark policy rate constant at 8 per cent.
Why clinical trials have gone haywire in India
There is no independent audit to investigate the cause of death and the regulator simply takes the word of the investigator.
Why Serious Fraud Investigation Office is back in news
Known best for its probe into the Satyam scam in 2009-10, SFIO is again making headlines, thanks to various high-profile cases of alleged frauds being referred to it in the last few months.
IMAGES: How the stunning BMW Welt was built
The BMW Welt is an architectural marvel blending technology, design, innovation and style.
Slowdown will impact asset quality: Subir Gokarn
Subir Gokarn says credit-deposit growth mismatch for a longer period could put pressure on liquidity.
Should you BUY the new Mahindra Verito? Find out
The new Mahindra Verito will face stiff competition from Maruti Swift Dzire and Toyota Etios.
How to cut corners on purchase of property
Buying a house is a big investment for most people and the financial burden can be huge. However, some states provide relief in the form of lower stamp duty rates for women buyers. These include Delhi, UP, Haryana, Madhya Pradesh and Punjab.
Dreamliner for AI suffers engine mishap; probe on in US
This is only the second aircraft to be built at the airframer's Charleston, South Carolina, facility.
Can Chidambaram REVIVE the Indian economy?
He is an architect of economic reforms and a part of Manmohan Singh's dream team.
Toyota Etios Liva TRD Sportivo in India now
This Sporty initiative by Japanese carmaker will definitely steal the hearts of numerous 'racing' enthusiasts across the country.
IMAGES: 15 companies that have ZERO debt
There are some companies that have no debt at all.
Missed the deadline for filing tax returns? Don't panic
There are ways to salvage the situation by filing belated returns under various clauses.
Metro rail costlier than space travel: Chinese planners
As more cities across world opt for metro rail making it the mainstay of urban transportation,Chinese planners have warned that their construction and maintenance turned out to be costlier than space travel, with networks in Beijing and Shanghai running in big losses.
|July 31, 2012|
|No rate cut: Both praises and brickbats for RBI|
For the second consecutive time, the Reserve Bank of India (RBI) on Tuesday left the key interest rates unchanged in its attempt to fight inflation.
NDTV sues Nielsen for 'taking bribes to fix ratings'
NDTV has sued Nielsen for allegedly manipulating viewership data in favour of channels that were willing to give bribes.
Dubai airport turns busiest, sees 27.9 mn passengers
Dubai International Airport recorded the busiest first half in its history with 27.9 million passengers passing through its three terminals between January and June this year, the traffic report issued by Dubai Airports said.
Why RBI's decision to retain old rates is right
The central bank lowered the Statutory Liquidity Ratio -- amount of deposits banks park in government bonds -- by 1 per cent to 23 per cent.
HDFC banks on its 'recession-proof' formula
Despite the ups and downs, the home financier is able to sustain its spreads and report the same loan growth Q-o-Q; so predictable that analysts sometimes find it boring.
Tamil Nadu: Distressed farmers look for other jobs
Demand for consumer goods is almost intact due to availability of jobs outside the farm sector, such as MGNREGS.
Start-up success: An Indian product for Fortune 500 cos
This start-up helps corporates use social tools to understand their competitors' social media strategy.
Want to save money? e-shopping is the answer
Some other sites that allow repayment over longer tenures also waive off interest cost but that might be built into the product price.
World's most difficult companies to get a job
Here we take a look at companies that conduct toughest interviews in the world.
Reserve Bank of India leaves key rates unchanged
The central bank cut SLR to 23 per cent from 24 per cent.
ONGC sitting on a pile of cash is a myth: Sudhir Vasudeva
Despite stagnant domestic production and challenging geopolitics, Oil and Natural Gas Corp has a plan to produce 130 million tonnes (mt) oil equivalent by 2030.
Inflation a big worry, says RBI
Calls for decisive fiscal policy action to revive growth
The pill pushers: Story of a questionable nexus
There are 20,000 pharma companies in India scrambling to get doctors to prescribe their drugs.
IMAGES: Who lost how much from Facebook stock crash
As a whole, Facebook's insiders have lost about $19.2 billion.
IMAGES: 3 closest rivals of the all-new BMW 3 series
The new 3 still has a fight on its hands.
IMAGES: World's 10 most innovative NEW city projects
These city projects promise better urban living conditions.
IMAGES: This is the world's TALLEST green building
The 1,666 foot tall building has received the Leadership in Energy and Environmental Design (LEED) Platinum certification from the US Green Building Council.
|July 30, 2012|
|FMCG firms to face monsoon blues|
Despite a handsome performance by leading fast moving consumer goods (FMCG) companies in the June quarter, the road ahead appears full of hurdles.
Special: How China is handling the economic slowdown
China's leaders are responding to the growth slowdown, but risk losing their strategic direction.
'Strict action needed to stop corruption in NREGA'
We need real laws to protect whistle-blowers, and even more than that real action should be taken against perpetrators, says Sandip Sukhtankar.
IMAGES: Boom time for luxury market in China
Major international luxury goods manufacturers are riding high in China with the luxury goods market booming, despite a slowdown in economic growth.
How Toyota aims to attract the youth
Having entered the mass segment in India with its compact range, comprising the Etios and the Etios Liva a little over a year ago, the campaign marks its first major attempt to communicate to the masses.
US GDP: A tale of uninspiring new normal
Meanwhile, adjustments to prior years suggest America's emergence from the 2009 recession has been sluggish, yet steady.
IMAGES: All about the Rs 28.9 lakh new BMW 3 Series
The BMW 3 series is here to challenge the Audi A4, Mercedes C Class and the likes.
Warning: Markets caught between devil and deep sea
With the Nifty settling below 5,050 on the expiration of July 2012 series, tongues seem to have started to wag again over the outlook for the markets in India.
Premium food and beverage market to see fast growth
Premium food and beverage market is expected to grow rapidly.
Why metros are going off-track
Chiefs of metro rail corporations, operating or implementing rapid transport systems in various cities, are reported to have demanded that they be freed from the regulatory control of the Indian Railways.
Property prices in Mumbai set to increase 20%
Have already touched Rs 1 lakh per sq ft, surpassing those of Manhattan in NY and London.
Dry spell: Food prices on fire
Prices of essential commodities, including foodgrains, have surged 8-10 per cent in just three days, because of deficient rains and on concerns that the farm output this kharif season would be hit badly.
IMAGES: Indian Railways exports these beautiful coaches!
Established in 1986, Rail Coach Factory (RCF), a manufacturing unit of Indian Railways has manufactured around 16,000 passenger coaches of 51 different types including self propelled passenger vehicles which constitute over 35% of the total coaches in the Indian Railways.
PHOTOS: Making of Mahindra Xylo
Its portfolio comprises of some amazing models like Mahindra Scorpio, Mahindra XUV 500, Mahindra Verito sedan and Mahindra Xylo.
|July 27, 2012|
|IMAGES: Sachin Tendulkar unveils all-new BMW 3 series|
German carmaker BMW on Friday launched its 3 Series in India, as competition hots up in the luxury car market.
HDFC Bank overtakes SBI as India's most valued bank
SBI shares were seen trading under pressure with a fall of nearly 2 per cent this afternoon, despite an overall uptrend in the market, while HDFC Bank shares gained by more than 3 per cent.
FDI does not benefit any country: Madhav Gadgil
"FDI doesn't benefit any country; these investors are exploiting us," Says Madhav Gadgil.
'Indian IT cos supported 2.8 lakh jobs in US last year'
Acknowledging that India's trade and economic relationship with the US has not scaled the heights reached in US trade and economic ties with China, she said there are goals yet to be achieved in this area.
COLUMN: How did the bankers become sexy?
Banks are being squeezed every which way -- on capital, on compensation, on credibility. Jobs in financial services will become scarcer and will pay less.
Shinzo Nakanishi: Maruti Suzuki's unsung crisis manager
Shinzo Nakanishi, the 65-year-old managing director and chief executive officer (CEO) of Maruti Suzuki India Ltd (MSIL), spent the better part of last week visiting and apologising to injured colleagues across half a dozen hospitals in Gurgaon, Haryana.
'91% bearings on Delhi Airport Metro track were defective'
A report of a joint inspection committee (JIC) - comprising experts from DMRC, Indian Railways and Reliance Infra - has revealed that the Airport Metro Express line had been rolling on a track that had 91 per cent of its bearings dislocated.
PM as FM: Nothing much has changed
The prime minister has been careful to say the right things about foreign investment and animal spirits; some of the more controversial aspects of the Mukherjee era are being given a high-profile review.
Mahindra's new-look Verito @ Rs 5.27 lakh
The car will be available in both petrol and diesel options and will take on Maruti Suzuki's DZire and Toyota Kirloskar Motor's Etios.
Why prices rise by 300% from market to consumers
With a multi-tier supply chain, consumers pay up to 300% more than wholesale prices for agricultural commodities.
|July 26, 2012|
|Why workers at Maruti's Manesar plant are disgruntled|
The salaries for the top management, which was already better off, have gone up many times whereas wages at the bottom have marginally increased thereby widening the gap between the rich and the poor.
IMAGES: An amazing bus that does push-ups!
Czech artist David Cerny is transforming a London bus into an amazing robotic sculpture.
Bad monsoon? How it will hit key sectors of the economy
Not just agriculture, monsoons are important for the hydro-electric power generation too, which in turn reduces the consumption of diesel and other forms of fuel.
What the Apple CEO likes and dislikes about India
"I love India, but I believe Apple has some higher potential in the intermediate term in some other countries," Apple CEO Tim Cook said.
'Auction land instead of compensating farmers'
Farmers should decide how much compensation is enough for them, say Parikshit Ghosh and Maitreesh Ghatak.
IMAGES: Car of the Year - Hyundai Elantra
It seems the Korean carmaker Hyundai Motors has pulled up its socks to conquer every bit of premium car segment.
Slowing output: What the RBI should do
RBI's policy stance must address concerns over slowing output
Mascot Quiz: Can you identify these figures
A brand mascot personifies the brand very effectively. They have the capacity to create a better brand recall and strong positioning for a brand. Take this quiz to find out if these mascot have managed to leave a lasting impression.
Smaller, mid-size IT cos performing well: Nasscom
With some IT majors performing below industry expectations, Nasscom on Wednesday said smaller and mid-size companies, which adopted different strategy after the 2008-09 economic crisis have peformed well, posting up to 20 per cent growth.
|July 25, 2012|
|HCL to hire 10,000 employees in US|
HCL Technologies on Wednesday said it will give salary hikes of up to 8 per cent to its offshoreemployees and its plan of hiring 10,000 people in the US and Europe is also on track despite the global economicuncertainties.
Tough measures needed to make AI survive: IATA
Tough measures need to be taken to make Air India "survive and thrive", global airlines body IATA said on Wednesday, asking the government to take a cue from the merger of two state-owned Japanese carriers which slashed jobs and operations to come out of bankruptcy.
FDI inflows to India see sharp dip in May
Foreign direct investment (FDI) in India declined sharply for the second month in a row in Maywith inflows slipping to $1.32 billion from $4.66 billion in the year-ago period, reflecting the impact of slowing global economy.
Facebook user base soars to 50 million in India
Facebook has said its user base in India has grown from 8 million in 2010 to 50 million now and most of the people access the site through mobile phones, prompting it rethink its model.
Now, check your PF account on EPFO site
Over 50 million subscribers of the retirement fund body EPFO can obtain e-passbook along with details of their updated accounts online from Wednesday.
Jet chief on what ails India's aviation sector
On the high costs facing the Indian airline industry, Goyal said the factors included a depreciating rupee against the dollar, escalating jet fuel prices, high taxes and rising infrastructure costs.
Petrol, diesel prices rise in 7 states, drop in 11
Petrol and diesel prices were on Wednesday hiked in seven states like West Bengal and Maharastra and that of domestic LPG in six states as state-owned oil firms recalibrated rates to reflect changes in local levies.
IIT Mumbai alumnus gifts $1 million to Cornell
Raj Gupta, former chairman and CEO of pharmaecuticals giant, Rohm & Haas, endowed $1 million fellowship to his alma mater, Cornell University in the name of his parents.
Income Tax officials after 'big fish', raids up 60%
The value of assets seized during raids by the Income Tax Department has more than doubled in last five years, as the department started going after the 'big fish'.
43% engineers in India can't write correct English
This poor grasp over grammar by engineering graduates is highlighted in a report by employability measurement and recruitment firm Aspiring Minds.
AMAZING! $70-mn organ chips could recreate human body
The five-year long 'Tissue Chip for Drug Testing' programme, worth 45 million pounds ($70 million), is being funded by three giant US agencies, the Daily Mail reported.
India profits for small foreign banks plunge
Lower revenue, rise in costs, higher provisions hit earnings in a subdued growth environment.
How Germany shrugs off Moody's downgrade
Moody's had revised credit outlook of Germany to negative, raising the possibility of the economic major losing its coveted 'Aaa' rating amid worsening European debt turmoil.
Birla, Jindal go after foreign mining assets
India's resource-hungry corporations are going aggressive to acquire natural resource assets overseas.
Loan pricing by banks comes under RBI lens
Base rate effectiveness under review due to lack of monetary transmission
IMAGES: A tale of Bangalore and Delhi Metro
Bangalore and Delhi experiences have lessons to offer metro projects in other Indian cities.
PHOTOS: Largest consumer markets in the world
India, like other emerging economies, is a huge consumer market, and it is expected to grow further.
Stunning images: Tallest buildings in Dubai
The history of skyscrapers in Dubai began with the construction of the 149-metre (489 ft) Dubai World Trade Centre in 1979.
|July 24, 2012|
|Manesar land: Maruti asked to pay Rs 235 cr to farmers|
Maruti Suzuki's woes at Manesar are piling up with the Haryana government asking the company to pay Rs 235 crore (Rs 2.35 billion) to HSIIDC as enhanced compensation to farmersfor land acquisition under a Supreme Court order.
Infosys to hire 2,000 people in US by Dec
India second largest software firm Infosys on Tuesday said it plans to hire close to 2,000 people in the US by the end of this year.
Oil Ministry pushing for hike in diesel, LPG prices
Close on the heels of a 70 paise per litre hike in petrol prices, the Oil Ministry is pushing for an increase in diesel and domestic cooking gas LPG prices, even though it is unsure of political support for the unpopular move with the ruling UPA alliance.
PM's stand on reforms: What Premji has to say
Premji said more than policy initiatives, the government should systematically execute on issues which are part of the existing policy.
Inappropriate pix on Facebook? You could lose a job!
In one of the biggest ever studies of the importance of Facebook profiles among job hunters, American scientists found that employees increasingly use the social networking site to weed out unsuitable candidates, the Daily Mail reported.
Iron ore: Much ado about little things
To look at it rationally, a steel plant in Visakhapatnam without ownership of mines perhaps will not be worse off if it starts using Australian ore instead of hauling the mineral from Bailadila in Chattisgarh, especially when sea freight is down and rail charges are up.
Success story: Meet the world's youngest entrepreneurs
When brothers 12-year-old Shravan Kumaran and 10-year-old Sanjay Kumaran registered their own company in December 2011, little did they know that they would become the youngest entrepreneurs in the world.
Maruti vs workers: Lessons from Manesar
There is enough blame to go around for Maruti violence.
Business schools get more women on board
Management institutes are putting in additional efforts to get more woman students on their campuses.
Mumbai, Jaipur to get AC double-decker trains
The much awaited fully air conditioned double-decker trains between Delhi-Jaipur and Mumbai-Ahmedabad are set to be launched soon as both of them have got safety clearance.
Can Lumia revive Nokia's fortunes in India?
After getting hammered by competitors like Samsung both globally and in India, Nokia's domestic revival rests on its latest Lumia series of phones.
Wipro Q1 net up 18.37% at Rs 1,580 crore
The company had posted a net profit of Rs 1,334.9 crore (Rs 13.34 billion) in the April-June quarter of last fiscal, Wipro said in a filing to the Bombay Stock Exchange.
'India lacks China's ruthless pursuit'
India's economy is slowing down due to domestic issues, says Sumit Ganguly.
IMAGES: Slowest-growing economies in the world
Some nations are finding it hard to boost growth.
Why YouTube continues to rule online video streaming
With nearly 72 hours of content uploaded (globally) onto its platform every minute, YouTube remains the top video site in India with over 25 per cent share of the market.
|July 23, 2012|
|EGoM for spectrum price between Rs 14,111-Rs 15,111 cr|
In a relief to telecom operators, the Empowered Group of Ministers (EGoM) is believed to have suggested setting a 20 per cent lower base or bid start price at Rs 14,111-15,111 crore for the proposed spectrum auction.
I-T dept adds column for declaring foreign assets
Tightening the norms, Income Tax (I-T) Department has introduced a new column seeking details of foreign assets in the Income Tax Return (ITR) forms for the 2012-13 assessment year.
Petrol price up by 70 paise a litre
Oil companies have decided to hike petrol price by 70 paise per litre with effect from midnight tonight.
India's rural market is a $1.8-trillion opportunity
Indicating that Hindustan Unilever (HUL) which sells almost 40 percent of its brands in thehinterlands will increase its focus on rural markets, the consumer goods major today called for convergence of urban and rural marketers so that prosperity spreads to the rural areas.
Facebook spent $960,000 on lobbying
Facebook, which went public in May, tripled the amount spent on lobbying activities to nearly $1 million in three months ended June 2012.
AI to consider sacked pilots' plea with sympathy
The Air India management on Monday told the Delhi High Court that it has revoked the sacking of nine of the 101 pilots and would sympathetically consider the other cases, which would be decided within four to six weeks.
From an Army Colonel to a successful entrepreneur
the Colonel is a successful entrepreneur with his business expanding to many places in India.
How NIIT is surviving the downturn
NIIT Technologies continues to show resilience despite the weakness in the West. The tier-2 IT services company reported sustained order flows and employee utilisation as well as moderate attrition rates for the June 2012 quarter. CEO Arvind Thakur about how they are surviving the slowdown.
IMAGES: World's most powerful women in business
Meet the women who make a big difference in the world of business.
Simple steps to e-filing income tax returns
The deadline for filing income tax returns is (July 31) fast approaching. While many may be filing returns through their chartered accountant, filing e-returns (electronic returns) is the fastest and more convenient.
Tough market? Not for Audi India
Having displaced world leader BMW to claim the numero uno position in the luxury car market in India, the company is confident of achieving 35-40 per cent growth in sales this year against an industry expectation of 10 per cent.
Luxury players look at smaller cars to up volumes
Luxury car makers are lowering the entry barrier and lining up half a dozen launches in the premium segment.
Do we really need the meteorological department?
A dedicated system to make district-wise, five-day forecasts can effectively deliver at one-tenth the Met's expenditure.
IMAGES: Is your brand a fake yet?
Every self-respecting city in India will have its version of China Town or Chor Bazaar.
Fizzy war: Big Cola set to take on Coke, Pepsi
India is the fourth Asian country where the Latin American brand is trying its luck.
IMAGES: World's 20 biggest IPOs
Many companies go public by launching IPOs, but not all turn out to be roaring success.
Infra needs fast-track board, says top analyst
Steps are needed at granular level to boost investment in infrastructure, says Vinayak Chatterjee.
Global super-rich hiding $21trn in tax havens
At least $21 trillion of unreported private financial wealth was owned by wealthy individuals via tax havens.
|July 20, 2012|
|Reliance net drops 21% to Rs 4,473 cr|
RIL announced its Q1 results on Friday
It's going to be a bumpy ride for markets: MD, StanChart
Indian equity markets have seen huge inflows of foreign money recently, which many attribute to lower valuations and reduced flow of negative news.
Poor rains globally may add to India's woes
As the monsoon situation in India turns gloomy, relying on foreign markets for imports might not be of much help, since India is not alone in facing the spectre of a drought.
An entrepreneur who helps students with internships
Karthikeyan shares his experience of starting Twenty19, an NGO, Deepam that works for underprivileged children and his passion for marathons.
20 cities with most expensive office spaces
International commercial property markets have reacted to the increased uncertainty in the global economy in late 2011 and early 2012 with varying degrees of resilience.
Can we trust unemployment rate claimed by govt?
Why unemployment figures in India mean little.
Why does RBI's balancing theory fail to convince
The word 'balancing' seems to be a favourite of Reserve Bank of India Governor D Subbarao.
What ails Infosys?
Consecutive quarters of missed targets have alarmed the investor community.
We cannot jeopardise our business: Infosys
He feels that, like in the past, the firm will prove detractors wrong, and create a business proposition that will be followed.
Modi to pitch for Suzuki factory during Japan visit
Maruti is in the final stages of talks with the state government to set up a manufacturing plant in Gujarat, similar to those in Gurgaon and Manesar.
Reliance plans to be a strong TV player
Reliance Broadcast is building a curious network of English and regional channels.
We're clear on why we need FDI in retail: Anand Sharma
He said policy could not be rigid, while declining to say by when FDI in multi-brand retail would be allowed.
Manesar violence: Analysts turn heat on union leaders
Analysts came down heavily on D L Sachdev, secretary of the All India Trade Union Congress, for the latest developments at the plant following which the management has shut the plant.
Anil Kumar gets away with two-year probation
Anil Kumar came out from a courtroom in Southern New York, all smiles.
IMAGES: The stunning Ford Classic Titanium is here!
Ford Classic Titanium is an entry level sedan, which has been blessed with a number of advanced features and most importantly improved mileage.
IMAGES: Countries with lowest working hours
In several countries, the average hours worked per year has fallen by more than 20.
An inside view of the Adidas innovation laboratory
US market leader Nike and German rival Adidas are locked in their own Olympic battle to boost athletes' performance and squeeze maximum value out of the London Olympic Games.
IMAGES: The tough life of window cleaners
The cleaners have to obtain a license for high-rise operations and must not have high blood pressure or naturally suffer a fear of heights.
|July 19, 2012|
|Reliance launches new 3G tablet for Rs 14,499|
Reliance 3G Tab comes with a 7-inch capacitive touch screen with Android 2.3 OS and a high speed processor of 1.4GHz.
SPECIAL: The success story of Freshdesk
Freshdesk is one of the numerous start-up success stories India is witnessing ever since the economy opened.
QUIZ: Dong is the currency of which country?
It's time to test if you are a numismatist - a person who likes to collect coins. Take this quiz to find out, if you can match the world currency with their respective countries.
New York has the highest demand of H1-B visas
The top uncapped employers are the nation's largest research institutions and universities from across the country, including the University of Michigan, the University of Texas at Austin, the National Institutes of Health, and the Johns Hopkins University.
Earnings' checklist: Key sectors one should keep an eye on
With high inflation and low growth plaguing the economy, the results' season has turned important.
Can Team Manmohan deliver?
PM's new vigour should revive investment - but may not return India to nine per cent growth.
Indian economy: Ratan Tata's prescription for the PM
The Chairman of the $100-billion conglomerate has also hit out at the Opposition, media and 'some members of ruling party', saying it is 'grossly misdirected' to single out the Prime Minister and blame him for the economic woes that the country is facing at present.
IMAGES: Ford plans EcoSport in diesel, petrol
The vehicle is expected to be rolled out in the first quarter of 2013.
US faces worst drought in 25 years; may up food prices
As many as 61 per cent of the land mass of the United States is currently being characterised as being impacted by this drought, the Agriculture Secretary, Tom Vilsack, told reporters on Wednesday at a White House news conference, noting that this drought is having an impact in crops.
Some myths about income tax
According to a study, there are several misconceptions regarding income tax.
PHOTOS: How Hong Kong was 40 years ago
Life in Hong Kong was very different 40 years ago.
India's promising cities: Vijayawada tops, Patna at No. 5
India's booming cities are set to become major commercial hubs.
|July 18, 2012|
|Sebi allows QFIs to invest $1 bn in corp bonds|
To increase fund flow in the bond market, market regulator Sebi on Wednesday issued guidelines allowing overseas individual investors to invest up to $1 billion in corporate bonds and debt schemes of mutual funds without any lock-in period.
Pilots' sacking: AI withdraws proposal
The impasse over reinstatement of 101 sacke pilots of Air India continued as the airlines on Wednesday withdrew from Delhi High Court its proposal after Indian Pilots Guild sought amendments including induction of a retired judge in a manage ment committee formed to deal with it.
IMAGES: How logos of companies have changed
Many companies around the world have rebranded themselves by changing their logos.
World Bank economist slams gender inequality in India
South Asia has the highest gender inequality in the world, says Kalpana Kochhar.
Europe crisis hits India-France bilateral trade
Eurozone crisis has hit the India-France bilateral trade and achieving the USD 12 billion target (of the trade) would be difficult this year, French Ambassador to India, Francois Richier, said.
PHOTOS: New cars for old boost Maruti's sales
Country's largest car maker draws nearly half of its sales from exchange programmes, rural focus.
IMAGES: Brands rush to tie up with Olympics
Companies are rushing to sign up and run promotions for the 2012 London Olympics.
One Indian among the world's richest women
According to the Forbes the world's richest women (two women tied at 20th place) have a combined total net worth of $248.6 billion, or an average of $11.84 billion each. That's a slight jump up from last year's 20 richest, whose average net worth was $11.6 billion.
Of Gypsy and XUV500: Is rabbit safe where cheetah prowls?
Maruti Suzuki India may have taken pride in its 'Gypsy' model with defence forces as its main customers but Mahindra & Mahindra Vice-Chairman and MD Anand Mahindra has likened it to a rabbit compared to the company's cheetah-inspired 'XUV500'.
Beginning of the end of India's mainstream media?
From politics to economics, from cinema to sports, to arts to culture, social media has a view on everything.
|July 17, 2012|
|'HSBC exposed US to terror funding, money laundering risk'|
A US Senate panel has accused global banking giant HSBC of exposing the country's financial system to various terror financing, money laundering and drug trafficking activities with transactions worth billions of dollars, due to poor risk control systems at the bank.
Who will buy 88,000 MW of power?
With 37,000 mw of existing power capacity lying unutilised, the additional 88,000 mw announced by the power minister will find few takers unless tariffs go up.
Taj, Oberoi under pressure from foreign hotel chains
The influx of such international hotels chains into India over the last two years has led to a sharp correction in room rates, not just in Pune but also in other hot spots like Bangalore, Mumbai, Delhi and Goa.
COLUMN: Of wrong rain and the economy
As in 2009, the India Meteorological Department is understating the effect of the delayed, deficient monsoon.
Bad News: Upside risks to inflation persist
Inflation data for June has not brought any cheer to the markets. From this data, the possibility of a rate cut is negligible. Deficient monsoons and higher food prices would make any rate action difficult.
At 7.25%, inflation still above comfort level: RBI Governor
His comments poured cold water on hopes that the central bank may have a rethink on rates after the wholesale price index, the main inflation gauge, rose a lower-than-expected annual 7.25 per cent in June, its slowest rise since January, helped by moderation in fuel prices.
Stunning IMAGES of an air show in England
Farnborough International Air Show is held in England.
How free drug policy will redefine health insurance
Insurers may be burning their fingers in urban health portfolios for some time now, but the government's rural healthcare initiatives, including its decision to provide free generic drugs to public hospitals, are set to offer fresh avenues of growth for them.
Welcome Mr Obama's attention, don't condemn it
US President Barack Obama is known as a measured, temperate man, and his remarks on the Indian economy in an interview, this past weekend should bolster that reputation.
What downturn? Birla goes on a shopping spree
With six acquisitions in a little over a year, Birla has charted out a bold expansion path for his group.
IMAGES: 10 top-performing airlines in the world
Smaller and niche carriers dominate latest top-performing airlines study this year.
Rupee gains 20 paise to end at 55.11 vs USD
Dollar selling by exporters & banks, amid higher opening in domestic equity market supported rupee.
Markets end flat amid range bound trade
Broader markets under perform.
Fashion industry: A STORY of consumption and waste
Professor Tonya Boone draws upon her research on sustainable supply chains to discuss the impact of fashion industry on the environment and the implications of fast fashion for India.
These eight countries DON'T PAY personal income tax
According to CNBC's list based on KPMG's 2011 survey of 96 countries, these eight nations don't have to pay any income tax to their government.
The first serious, small SUV is here. And it's GOOD
The Renault Duster is available as a two-wheel drive model only, with a few interesting engine options.
|July 16, 2012|
|New corporate sop: Health benefits for staff|
Firms are increasingly launching health initiatives for their employees to reduce stress, revitalise body -- it also helps keep people occupied.
Facebook turning teens into gambling addicts: Experts
With a burst of casino-type games on Facebook, experts have warned that the social networking site is turning youngsters into gambling addicts.
Monsoon worries keep stock markets on edge
With almost one third of the season over, rainfall until, last week was 23 per cent below the 50-year average.
India has not reached drought situation yet: Pawar
India has not reached the drought situation yet, although it faces the challenge of maintaining record foodgrains production due to weak monsoons this year, Agriculture Minster Sharad Pawar said on Monday.
IMAGES: Millennium City woes
Gurgaon is the industrial and financial centre of Haryana.
SPECIAL: Why Infosys is worried and TCS isn't
IT industry's two giants present a contrast.
How the govt plans to cover trade gap with China
Deficit is likely to touch $60 bn this financial year from $40 bn in the previous one.
How the TCS boss keeps the company agile
N Chandrasekaran, managing director and CEO of Tata Consultancy Services, maintains that his company has proved its adaption to merging trends by reporting consistent growth.
How India and China are fuelling global growth
Emerging giants India and China are leading the global economy on a '32-62-72' growth path, Standard Chartered Bank's Chief Economist has said -- using the numeric phrase for evolving economic size of the world.
Woman charges dollar a minute for a cuddle
A woman is offering sessions where she cuddles strangers for one dollar a minute.
IMAGES: Mahindra Scorpio - the journey so far
Mahindra & Mahindra has come a long way from being a utility vehicle maker to a reigning SUV czar.
|July 13, 2012|
|Infy, HCL, Wipro among world's top 10 outsourcing cos|
According to a PTI report, in the latest '2012 Global Outsourcing 100', compiled by the International Association of Outsourcing Professionals, three Indian firms have found a place in the top 10, with Accenture heading the list.
Inflation is high; RBI may not cut rates
The index of industrial production -- gauge of industrial activity in terms of production -- showed a 2.4 per cent growth in May, down from 6.2 per cent a year ago.
Buying property abroad can be much cheaper
A three-bedroom apartment (1,000 square feet super built-up) in the Mumbai suburb of Bandra (east) can set you back easily by over Rs 4 crore (Rs 40 million). But for just half the amount, or Rs 2 crore ($400,000), you could own a flat in Dubai.
We don't want to be a money-laundering nation:Singapore PM
Lee Hsien Loong, Prime Minister of Singapore, believes bilateral economic ties between his country and India can be significantly enhanced, if India builds up a stable policy regime to soothe investors' nerves. He said India should get its record straight and not indicate Singapore as a black-money hub.
Slowdown: China Q2 GDP growth at a three year low
China's economic growth fell to 7.6 per cent year-on-year in the second quarter of 2012, from 8.1 percent in the first quarter, the slowest growth since first quarter of 2009.
IMAGES: World's 10 fastest cars of 2013
Some car companies in the world that are known for producing supercars.
IMAGES: Europe's 20 tallest buildings
The Shard in London is the tallest building in Europe.
Amul girl far cuter than Amul boy: DaCunha
The Amul campaign has been telling stories of India through the hoardings, captivating Indians of all ages.
India wastes most of its water and exports the rest
The devastating floods in Assam and the continuing scarcity of water in its cities are woeful manifestations of India's mismanagement of water. India may not be a water-rich country, but it is not water-starved either.
TCS v/s Infosys: Who is the new bellwether?
TCS emerges as a safe haven, as Infosys stumbles for sixth straight quarter.
QUIZ: How well do you know your airlines?
The world of aviation is so fascinating that it has developed a sense of heritage. There are museums dedicated to their history and the famous people who have made a name for themselves in aviation history. Further, this industry continues to play up its part as millions around the world make their way through the terminals of both International and domestic airports on a daily basis.
IMAGES: 15 fastest-growing retailers in US
Online retailers are reporting much better numbers than traditional ones.
Indian executives lead in job hopping
About 60 per cent executives in India plan to quit their jobs within five years against the global average of 44 per cent
|July 12, 2012|
|TCS Q1 net up 37.39% at Rs 3,318 cr|
TCS Q1 FY'13 consolidated revenue up 37.71 per cent at Rs 14,868.71 crore.
ADB lowers India's growth projection to 6.5%
The Asian Development Bank (ADB) on Thursday lowered the growth forecast for India to 6.5 per cent for the current fiscal, from the earlier 7 per cent projection, on the back of subdued demand and high inflation.
Competition to pinch telecom players in Q1
Competitive intensity has returned to haunt the telecom sector.
No wage hike for Infy staff; hiring plan on track
The hiring plan, which includes 13,000 jobs for its BPO operations, will be adhered to despite an uncertain global economic growth environment and the wage-hike freeze.
IMAGES: 10 most transparent companies in the world
Transparency International has studied most open companies in the world.
China's small cities taking giant strides
Kunshan, one of China's smallest cities, produces 40 per cent of world's laptops, its neighbour Shengzhou supplies 40 per cent of global neckties while Yiwu is the world's largest commodity market.
Unique idea: This shop has a jail theme!
Ram Soni wants to send a message about the dangers of tobacco, a common ingredient in paan, through his jail cell-themed shop decorated with hangman's nooses in the Ahmedabad.
BAD NEWS! Industrial production slows to 2.4%
Growth in factory output, as measured by the Index of Industrial Production, was 6.2 per cent in May 2011, according to the official data released on Thursday.
Pre-nups: Growing trend among working couples
Working couples are increasingly going for prenuptial agreements, though these are not recognised under the Marriage Act which supersedes the Contract Act in cases of dispute.
Images: India's 30 most PROSPEROUS cities
Competitiveness, productivity and prosperity of these cities are the key to economic success.
Indian economy: Half full or three-quarters empty?
The two paths India could follow: one moderately positive, one relentlessly negative.
General Motors' U-turn catches IT companies off guard
Auto major plans to cut technology outsourcing from 90 to 10 per #162 TCS, Wipro, others could be at receiving end
Downgrade sword hangs, diesel prices may rise Rs 5/lt
Keen to prevent a downgrade of India's sovereign rating by Standard & Poor's (S&P), which could trigger an exodus of foreign investors, Prime Minister Manmohan Singh has told the Congress party there is no option but to raise diesel prices by at least Rs 5 a litre after the Presidential election. The current diesel subsidy is Rs 9.13 per litre sold.
Infosys Q1 net rises 33% at Rs 2,289 crore
IT-major Infosys reported a marginal decline of 1.2 per cent in consolidated net profit at Rs 2,289 crore (Rs 22.89 billion) for the quarter ended June 2012. It was Rs 2,316 crore (Rs 23.16 billion) in the previous quarter ended March 31.
IMAGES: On board Richard Branson's SpaceShipTwo
Virgin Galactic, the world's first commercial spaceline, announced "LauncherOne", a new air-launched rocket specifically designed to deliver small satellites into orbit.
IMAGES: 10 best-selling products of all time
There are some products that not only break all records, but also change our lives.
|July 11, 2012|
|New Delhi is the most competitive city in India|
New Delhi has topped the list of most competitive cities for the third year in a row with a score of 69.732, in the City Competitiveness Index.
Pilots' strike on: 12 Kingfisher flights cancelled
Nine flights from Bengaluru and at least three from Delhi were cancelled till this afternoon as several pilots did not report for duty, airline officials said.
Monsoon picks up, but half of India is deficient
The southwest monsoon has picked up pace, and is now on the verge of covering almost the entire country.
The next decade belongs to Indian entrepreneurs
"We can go back to being 25% of the global economy if we get Indian entrepreneurship right," says Saurabh Srivastava.
Peugeot revises India launch target
PSA Peugeot Citroen, France's largest car maker, has again revised its India launch plans, as it battles financial losses.
PHOTOS: Town converts Walmart into library
A Texas town has turned an old abandoned Walmart into a massive public library.
Did not mock the middle class: Chidambaram
Bharatiya Janata Party on Tuesday lashed out at home minister P Chidambaram for his remarks that the middle class is ready to pay for mineral water and ice cream but can't bear an increase of Re 1 in price of wheat and rice, saying he has shown insensitivity towards them and ridiculed them.
Is the infrastructure sector on a turnaround path?
Focus on the Dedicated Freight Corridor and Delhi-Mumbai Industrial Corridor could spur the sector.
Mobile phone radiation affects you: What's the govt doing?
While we laud the dramatic rise in India's tele-density thanks to the mobile phone penetration, it is concerning to see most subscribers, including the educated class, unaware of the possible health hazards due to radiation from mobile phones and mobile towers.
How Dhirubhai's iconic brand became his son's castaway
Vimal was a pioneer in making TV commercials for fabrics, the first to use Bollywood stars and cricketers as brand ambassadors and among the earliest to start a national retail chain. What happened to it?
The pros and cons of free generic drugs
The Planning Commission's working group on drugs and food for the 12th Five-Year Plan estimated that the country's public health sector caters to only 22 per cent of the population.
Nobel to Team Manmohan - for MISMANAGING the economy
If the dream team was responsible for the economic growth between 2004 and 2008 they are responsible for the fall between 2008 and now.
IMAGES: 10 countries paying fortune in pension
Some countries are taking extreme measures to reduce debt and bring the budget in order.
Lessons from Kasab for the financial sector
Abu Jundal is the latest hot property in terror-related news in India. Newspaper reports are replete with stories of how intelligence agencies are gleaning more information from him.
|July 10, 2012|
|Economic crisis may be of govt making: Chidambaram|
Home Minister P Chidambaram on Tuesday said while some of the difficulties on the economic front may be of government's making, most of them are due to international situation.
India Inc invested $500 million in Singapore
Singapore has emerged as the most sought after destination for foreign direct investment by Indian companies, who invested over USD 500 million there in May.
Kingfisher pilots go on strike, 5 flights cancelled
A section of pilots of Kingfisher Airlines on Tuesday went on a strike over non-payment of salary and other dues for the past five months, forcing cancellation of five flights.
Hiring improves in June; auto, pharma lead
Leading job portal Naukri.com said on Tuesday that hiring was happening in selective sectors.
World's 25 biggest firms: IOC, RIL in Fortune's top 100
Eight Indian companies find a place in the list of world's 500 largest companies compiled by Fortune magazine, with Indian Oil and Reliance Industries finding a place in the top 100.
Sneak Peek: Lufthansa brings B747-8 aircraft to India
Delhi becomes Asian launch destination for the new "Queen of the Skies" and airline's new Business Class product Bengaluru to follow soon.
Poor rain: Inflation haunts agriculture
NCDEX benchmark index up 10% over a month, as expectations on sowing gather pace
PHOTOS: A man-made floating island
An Austrian company has created a man-made floating island, Orsos Island, that combines the mobility of a yacht with the comfort of a house.
Going abroad for education? Get the right insurance deal
While the basic cover is generally of around $50,000, limits for accident and sickness are up to $500,000. Here's a list of important covers that come bundled with travel insurance.
Reforms a priority, populist moves later: Congress
A Cabinet reshuffle 'is unavoidable', said a top party manager, and indicated it could take place before, or immediately after, the monsoon session of Parliament, likely for four weeks from the beginning of next month, possibly August 7.
Double trouble: Setback for Mallya in whisky battle
There is more worry for Vijay Mallya, battling many a fire. Even as his Kingfisher Airlines struggles to hold itself, another of his major companies, United Spirits, has had a setback in its legal battle against his arch rival, Kishore Chhabria.
Designer rice, a solution to tackle rising demand
'Designer rice' or genetically-modified rice variety, is going to be the answer for food security and will help in increasing rice production in the coming years.
India's growth to be below 6%, to pick up post polls
The survey, in which 125 corporate clients of the bank from south India participated, says a majority of corporates continue to be pessimistic about the country's growth with 72 per cent saying GDP growth will fall below 6 percent and 20 per cent predicting it to be less than 5 per cent.
IMAGES: Dubai's islands that are stuck in sea
The World islands are composed mainly of sand dredged from Dubai's shallow coastal waters.
Hyundai Elantra makes a comeback
Offered with a 1.8-litre petrol and a 2.0-litre diesel option, the Elantra had a lot going for itself -- decent performance, good space, fairly reasonable dynamics and a good price tag.
Highest and lowest unemployment rates in Indian states
India's jobless rate stood at 3.8 per cent during the last fiscal, with Daman and Diu and Gujarat topping the list of least unemployed among states and UTs.
|July 09, 2012|
|Rs 45 lakh crore black money stashed abroad: Ficci|
India could become a fiscal surplus nation if the government manages to bring back at least one-tenth of the estimated Rs 45 lakh crore black money stashed abroad, industry body Ficci said on Monday.
Global scrutiny: Swiss banks' assets dip to 4-year low
Amid a growing global scrutiny of overseas funds deposited in Swiss banks, the quantum of total foreign assets managed by them has dipped by nearly 300 billion Swiss francs (about Rs 20 trillion) since 2008.
India can get back to high growth: Chidambaram
Commenting on the Time magazine's latest article, the Home Minister said the United Progressive Alliance-II was confident that it would overcome the present economic situation.
What makes Ratan Tata regret
Tata said his group, which was 'a traditionally manufacturing company in a sellers market', did not succeed in 'really embracing the customers' values'.
Mobile handset sales in India: Who are the toppers?
The Indian mobile handset market saw a drop of 5 per cent in revenues in FY 2011-12.
Richer men drive dirty cars: Survey
According to a survey, rich are more willing to drive dirtier vehicles for longer than poorer but prouder owners who prefer to keep their cars clean and tidy.
GM sets 'Sail' to beat India blues
Stung by its indifferent show in India, the Detroit giant is overhauling the entire line-up of cars.
Tata Motors: Unlikely to Evoque interest
Increasing competitive intensity in JLR's key luxury car market and weakness in domestic business dampen sentiment.
Dr App: Software for healthy living
Stress, hypertension, obesity and other lifestyle diseases have been dogging all of us. But with a little help from your mobile phone, you can now track how many calories you intake on a daily basis, your exercise routine, the miles you have run or cycled and much more.
India booming? Well, not exactly!
It is time for India to rebalance itself by sorting out its social and health issues and reorganising its soft infrastructure
Carrefour freezes big city store plans
Carrefour, the world's largest retailer after Walmart, is learnt to be rationalising its expansion plans in India, prompted by a worsening global economy, particularly in Europe.
IMAGES: A look at Europe's high-speed train network
High-speed rail is a type of passenger rail transport that operates significantly faster than traditional rail traffic.
Amazing PHOTOS of Europe's tallest building
Europe's tallest building with an irregular pyramidal shape from the base to the top, and clad entirely in glass was unveiled in London.
Tale of two cars: Ertiga v/s Xylo
Both cars come with multiple engine options. The Xylo comes with three diesel engine choices, which is a bit of overkill given that there is no petrol option here.
Of Barclays and other corporate scandals
This has been a season for corporate scandal.
Debate on poverty: Who is a poor Indian?
Who is a poor Indian? One who earns below Rs 35 a day? Or one whose salary is in four figures? While the debate rages, the Bombay Parsi Punchayet, the organisation that governs the affairs of the Zoroastrian community in Bombay, has said that any Parsi who earns less than Rs 90,000 a month (or Rs 10.8 lakh a year) is poor and therefore eligible for its help in finding a house.
GOOD NEWS! Monsoon to cover entire country soon
The southwest monsoon, which has gathered significant pace in the last few days, is expected to cover the entire country in two-three days, the India Meteorological Department said on Friday.
TIME magazine dubs Manmohan Singh an 'underachiever'
Prime Minister Manmohan Singh, who has long been lauded for his pivotal role in liberalising the Indian economy, has been dubbed an "underachiever" by a top US magazine, which says he appears "unwilling to stick his neck out" on reforms that will put the country back on the growth path.
Banks want Kingfisher brand's revaluation
Promoters pledged brand in 2010.
Can India sustain the 'free for all' generic drugs plan?
Health economist and advisor to the High-Level Expert Group on Universal Health Care, S Selvaraj says that tackling lack of doctors in India will take time to sort out, but providing free drugs can be done immediately.
|July 06, 2012|
|PM 'blaming' Pranab for economic slowdown: BJP|
The Bharatiya Janata Party on Friday alleged Prime Minister Manmohan Singh is "directly and openly" trying to put all the blame for the economic slowdown on former Finance Minister Pranab Mukherjee and charged that he was equally responsible for the state of affairs.
Poor monsoon could slow India's growth to 6%: Citi
The estimate is much lower than Citi's earlier growth projection of 6.4 per cent for India, which saw its economic expansion touch a nine-year low of 6.5 per cent last fiscal.
IMAGES: Nokia launches cheapest Lumia phone
Aiming a larger share in the country's smartphone market, Finnish handset maker Nokia today launched its Windows-based phone 'Lumia 610' at Rs 12,999, the cheapest device in the series.
State Bank of India has 17,88,125 defaulters!
Nearly five million debtors have defaulted in repaying loans totalling a little more than Rs 1 lakh crore from various nationalised banks in the country, a right to information query has revealed.
Montek on why 9% growth is not possible in 5 years
Last year, the Planning Commission got the approval for the 9 per cent annual average economic growth target under the Approach document for the 12th Plan from the country's apex decision making body, the National Development Council, headed by the Prime Minister with all the chief ministers and Cabinet ministers on board.
Good news! Two-wheeler makers plan diesel, hybrid bikes
Amid rising petrol prices, two-wheeler makers such as Mahindra & Mahindra, TVS Motors, Hero MotoCorp and Bajaj Auto are stepping up research to develop engines run on diesel or other fuels.
How Mercedes plans to regain lost ground in India
It's in the reverse gear on the list of the most-aspired-for cars in India, but the iconic brand is hoping to regain lost ground with cheaper models.
IMAGES: India among 30 nations facing external debt
Greece is not the only country that is feeling the pain of rising external debt.
Sinking story: Is Kingfisher hurtling towards a dead end?
With promoters unable to raise money, airline may find it difficult to sustain curtailed operations.
Partial diesel decontrol expected after Prez poll
The government is preparing to bite the bullet, with partial decontrol of diesel prices after the Presidential election on July 19.
QUIZ: Can you identify these brand logos?
A logo is an integral part of a company's corporate identity. A uniquely customised logo design can intensify your company's identity, and help you to acquire instant recognition. Take this quiz to find out if you can identify these logos:
IMAGES: India will be among major 'growth countries'
IMF has sharply cut its forecast for world growth this year.
World's 25 most innovative nations, India way BEHIND!
The Global Innovation Index published by INSEAD, and the World Intellectual Property Organisation (WIPO), ranks 141 countries on the basis of their innovation capabilities.
IMAGES of a jobless generation: Engineer works as cook!
Millions of qualified students are forced to take up menial jobs as unemployment rises across the world.
Exclusive: 'PM's economic knowledge is frozen 30 yrs ago'
As the Indian economy passes through one of its worst times, well known chartered accountant and Convenor of the Swadeshi Jaagran Manch Swaminathan Gurumurthy, in an exclusive interview with explains what ails the Indian economy, and the remedy to fix it.
COLUMN: The hype over Gujarat's economic performance
Gujarat's so-called superior performance, relative to its own history, and its present peer group, is being used to assiduously promote a personality cult around Modi together with a fascist ideology, say
|July 05, 2012|
|'India's economic troubles self-inflicted'|
The report expressed doubts over reforms even post-2014.
Should cardholders pay before filing a complaint?
The Banking Ombudsman suggests you first pay the bill, even if disputed, before filing a complaint with the card provider.
IMAGES: 30 most livable cities in the world
Only few cities have excellent infrastructure, schools, healthcare, etc.
Fuel shortage darkens power generation scene
Despite an increase in generation capacity, the country has been grappling with power shortage in the peak summers as the availability has not risen at the same pace as generation capacity, owing to fuel unavailability and other supply constraints.
How govt plans to contain widening fiscal deficit
As part of the plan, government departments may have to surrender the unspent project-linked component of the Rs 70,000-crore (Rs 700-billion) additional gross Budgetary support at the end of the financial year.
Air travel to become more expensive
Travel agents have decided to impose a service charge of Rs 225 from July 16 on customers of full service carriers.
Global Innovation Efficiency Index: TOP 10 nations
Countries which are strong in producing innovation outputs despite a weaker innovation environment and innovation inputs are poised to rank high in this "efficiency" index.
IMAGES: Greatest economic collapses of all time
The latest economic downturn is not the only one the world has gone through.
IMAGES: 4 closest rivals of Renault Duster
Renault proffers 2+2 years or 80,000 km warranty on the compact SUV.
IMAGES: World's most expensive real estate markets
These are some of the most expensive real estate markets in the world.
IMAGES: World's 10 remarkable infrastructure projects
These are some of the most noteworthy infrastructure projects in the world.
|July 04, 2012|
|IMAGES: The Rs 7.19 lakh Renault Duster launched|
Whether or not Renault India will be able to fulfill its aim, we'll have to wait and watch.
War time: Google to take these 12 products head on
At the recently concluded annual I/O conference, which is an annual developer-focused event held in San Francisco, California, Google announced several new devices and services.
Get ready to spend more on these services
Booking a holiday package online, attending a seminar, buying a designer dress and attending a coaching class will become costlier, thanks to the new service tax rates effective from July 1.
Just ended Air India pilots' strike 2nd longest
The Air India pilots strike was called off on Tuesday night after the Delhi High Court asked them to join duty within 48 hours and the management to sympathetically consider their grievances.
IMAGES: India and manufacturing activity
Global manufacturing contracted in June for the second consecutive month.
Monsoon 30% below: What government should do
The government must prepare for below-normal monsoon.
It's a luxurious life for 81,000 households in India!
The dark clouds of a slowdown are hovering ominously over everybody, except 81,000 households in India for whom the word 'downturn' just doesn't exist.
Telecom woes unlikely to ease with TDSAT verdict
After falling 11 per cent over the past six months, shares of Bharti Airtel gained over three per cent on news that the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) had given a split verdict on inter-circle 3G roaming arrangements between Bharti, Idea and Vodafone.
India, China to boost Boeing deliveries: Report
Boeing has projected a USD 4.5 trillion market for 34,000 new airplanes over the next 20 years as the current world fleet doubles in size, with robust growth in China, India and other emerging markets.
IMAGES: Chevrolet to launch 3 new cars soon in India
Sluggish sales have not stopped car makers in India from bringing reworked versions of their existing cars along with new models.
Controversy over ArcelorMittal's Olympic showpiece
The ArcelorMittal Orbit tower, the tallest structure in Britain and located next to the Olympics stadium in London has been claimed by survivors of the Bosnian concentration camp at Omarska, with the steel giant rejecting their bid.
IMAGES: This is how an aircraft's life ends
Aerospace company Tarmac Aerosave is specialised in the dismantling of end-of-life aircraft at its base.
Down memory lane with the AMAZING Lamborghini
Lamborghini is an Italian supercar. Founded in 1963, Automobili Lamborghini is headquartered in Sant'Agata Bolognese, in Northeastern Italy. There it manufactures some of the world's most sought-after super sports cars.
China's pride: World's largest hydropower project
For the first time, all 32 giant generators of China's Three Gorges Dam, the world's largest hydropower project, went into production, generating nearly 22 million kw of power.
IMAGES: World's top 20 brands on Twitter!
From Facebook to Twitter, companies are going all out to create brand loyalty.
|July 03, 2012|
|Sonia's carte blanche to PM; but hurdles still remain|
While the signals of intent have already gone from North Block, the hiccups this time are coming from officials in the Finance Ministry, who had got used to a certain mindset.
India: Mobile phone sales cross 50 mn mark in Jan-Mar
Total India smartphone sales touched 2.7 million units during January-March 2012. Samsung emerged as the leader in the smartphone segment with a 40.4 per cent share, followed at number two and number three by Nokia with 25.5 per cent and RIM with 12.3 per cent share.
Rich prefer spending on lifestyle over charity!
Charity donations have suffered as the uber-rich are preferring to maintain their opulent lifestyles over philanthropy in the gloomy economic environment, a specially commissioned report to "decode" the high networth families said.
IT services: Gloomy outlook for Tier-I companies
A weaker rupee is good for technology firms, as it improves margins and shores up earnings.
IMAGES: Richest Americans of all time
When it comes to history, even Bill Gates's enormous wealth isn't enough to put him on the top of the rank.
Air India pilots likely to call off their strike
Air India pilots have been on strike for 55 days and on hunger strike since last Sunday over the issue of career progression and training on Boeing 787 Dreamliner aircraft.
Multi-asset funds are for passive investors
With gold prices rising and debt holding steady, fund houses have launched multi-asset funds for passive customers who are not so nimble while churning their portfolios.
Stunning photos of the world's longest bridge
Russia has unveiled the world's longest cable-stayed bridge, a part of the huge investment to boost the country's infrastructure in the Far East region.
Auto component makers hit roadblock amid slowdown
The Rajkot-based auto component industry, which was doing well last year, has hit multiple road blocks -- rupee depreciation, high interest rates and high petrol prices.
IMAGES: World's top producers of oil by 2020
Major oil producers have enough oil to keep the economic engine running at full steam.
High excise duty dampens branded fuel market
With the levy making unbranded fuel cheaper, consumers turn away OMCs plead in vain with finance, petroleum ministries.
Coming soon: Life insurance policies at your doorstep
Tata AIG Life set to approach regulator soon on the 'e-life' tablet; to be launched in metros initially.
How Reebok fraud cost Adidas Rs 170 crore
German sportswear maker Adidas has disclosed to the Serious Fraud Investigation Office (SFIO) that it lost around Rs 170 crore (Rs 1.7 billion) because of "goodwill impairment" after it bought Reebok.
20 cities with households of annual income over $20,000
The developing-region cities of the City 600 will be home to an estimated 235 million middle-class households earning more than $20,000 a year at purchasing power parity (PPP) by 2025, points out a McKinsey study which maps the economic power of cities.
How Philippiness outplayed India in the BPO game
In its rise to the top of the voice-based BPO business, the Philippines has brought a great deal from the Indian industry but has also learnt from its mistakes.
Driving in the rains? 5 CRUCIAL questions answered
Tips to safe driving this rainy season.
GDP rank: What if these Indian states were countries!
Uttar Pradesh's GDP per head is close to that of Kenya.
IMAGES: How Hong Kong has changed in 15 years
China resumed sovereignty of Hong Kong from Britain in 1997.
|July 02, 2012|
|New auto policy will ensure safety of passengers|
Under the policy, which is applicable for all manufacturers, from two-wheelers to commercial vehicles, if a company is of the opinion that there is a manufacturing defect that compromises safety of vehicles, it will voluntarily rectify the problem free of cost to the customer.
Why women in India fail to move up the corporate ladder
In India, Korea and Japan, almost fifty per cent of those surveyed believed that family commitments were the primary reason for women leaving the jobs.
SHOCKING! Over 1.8 mn more lose jobs in euro zone
The 17-nation euro zone, that share the common currency euro, is reeling under sovereign debt crisis with its epicentre in Greece.
PHOTOS: Shanghai's super car show
A car show saw enthusiasts test their supercars to the limit in Shanghai.
IN PIX: Success story of the amazing Maruti Swift
Small car wizard, Maruti Suzuki's supremacy goes back to the year 1983 when the carmaker started its innings in India.
June: Auto companies post mixed results
In June, MSI recorded domestic sales at 83,531 units, compared to 70,020 units in the year-ago period, registering a rise of 19.30 per cent.
IMAGES: Dubai's real estate sector shines again
Prices of apartments and villas have gone up by up to nine per cent and 16 per cent respectively here during the first half of this year, indicating that the real estate market is on the way to recovery after three years of decline.
UK's PizzaExpress to debut in India soon; hires CEO
The UK-based casual dining restaurant chain PizzaExpress has kicked off the process of starting its India operation, almost eight months after signing a 50-50 joint venture partnership with Bharti Family Office.
Global cities of the future: 36 from India!
India will contribute 36 global cities by 2025.
Cheap Re: Imported cars costlier; prices won't rise
The costs of imported vehicles have increased 25-30 per cent because of the depreciation of the rupee. That has made CBUs more expensive to import but companies are putting off price hikes and taking a hit on their margins.
Road to NOWHERE, Indian highway stuck in limbo
It seems the Indian economy is on a road to nowhere.
't's imperative for the govt to reassure investors'
It's imperative for the govt to reassure investors: Montek Ahluwalia
Why Delhi's taps are running dry this summer
Water shortages in the scorching weeks just before the monsoon hits the national capital are not unknown; but there is little question that this year they have been more than normally acute.
Three top smartphones priced under Rs 5,000
Affordable and packed with features, these devices score high on the value-for-money proposition.
Rupee fall to hit India Inc's margins by Rs 11k cr
Embedded redemption premium and 36 per cent depreciation in five years will realise forex losses worth Rs 67.2 billion.
IMAGES: 10 best Google products ever
Let's take a look at some of the best products it has launched.
|June 29, 2012|
|Sensex zooms: Investors richer by Rs 1.17 trillion|
Helped by a rally in the stock market where the Sensex surged by a whopping 439 points, its biggest single-day gain in 2012 so far, investors became richer by Rs 1.17 lakh crore on the back of clarity on tax-avoidance rules and bullish global sentiment.
Gold tumbles by Rs 360, silver by Rs 550
Gold prices on Friday tumbled by Rs 360 to Rs Rs 30,060 per 10 grams in the bullion market on Friday, while silver shed Rs 550 on sluggish demand amid weak global cues.
SHOCKING! Core sector growth slows to 4.6% in May
The core industries that also include coal, electricity, cement, petroleum refinery products and finished steel, and carry 37.9 per cent weight in the Index of Industrial Production, had grown by 5.8 per cent in May last year.
RIM to cut about 5,000 jobs; delays BlackBerry 10 launch
The company which posted results for the latest quarter said restructuring efforts are underway that will include a workforce reduction of around 5,000 employees.
India's economic growth to bounce back from Oct
India's economic growth, which dipped to 9-year low of 6.5 per cent in 2011-12, is expected to rebound from October, Chief Economic Advisor Kaushik Basu said.
Realty sector: $3.2-bn PE exits in 4 years!
In rupee terms, this amounts to about Rs 14,720 crore (Rs 147.2 billion), considering the rate of Rs 46/dollar suggested in the study.
New life insurance policies might be worth the wait
In its draft guidelines, the Insurance Regulatory and Development Authority (Irda) has asked the country's life insurance companies to refile their existing products and withdraw the same by September 30.
JLR to generate 4,500 jobs in UK
Tata-owned Jaguar Land Rover plans to generate 4,500 manufacturing and engineering jobs in London over next five years, JLR executive director Mike Wright has said.
IMAGES: How the world's economic centre is changing
Shift in economic balance toward the East and South is happening with unprecedented speed and scale.
RBI says banks mislead investors on bad loans
Deputy Governor K C Chakrabarty says monetary policy to ease once inflation comes down.
Does IKEA's suggestion about FDI policy make sense?
IKEA, the euro 25-billion Scandinavian retailer, wants some alterations in the guidelines for foreign investment in single-brand retail before it invests in India.
Rainfall 23% below normal, reservoirs run dry
Met department assures rains are likely to revive from next week
Analysts see silver lining in India's growth story
Having seen reinforcement from North Block, analysts have begun to see the silver lining in the Indian markets.
It's a cloudy outlook for Mahindra & Mahindra
The outlook on Mahindra and Mahindra (M&M) has been changing since its tractor business hit a speed-breaker. Analysts say there are no real triggers for its shares to move up in the near term.
IMAGES: World's 11 biggest consumers of wine
Wine is a popular and important beverage.
The all new Chevrolet Cruze is finally here
The new 2012 Chevrolet Cruze is sturdier, smoother, more comfortable and more powerful than its previous version.
Markets: Will the bull come out of coma?
One animal seems to have heard the Prime Minister's call to revive animal spirits in the economy.
IMAGES: The top 10 cities of the world!
The Global Cities Index measures global engagement of cities across five dimensions: business activity, human capital, information exchange, cultural experience, and political engagement.
Ex-employee reveals Facebook's 'secret' a/c details
Facebook developed an experimental feature called "Dark Profiles" which would give secret accounts to people who did not even sign up, a new book by a former employee of the social networking site has claimed.
US, China to lead global tech innovation
US and China will remain at the forefront of global technological innovation with the cloud-enabled consumer technology and business transformation for enterprises leading the chart.
|June 28, 2012|
|This is what petrol will COST in the 4 metros|
Petrol price has been cut by Rs 2.46 a litre with effect from midnight tonight.
ALERT: Mumbai, Delhi to go very dry by 2025!
According to the report, nearly 80 billion cubic meter increase in municipal water demand is expected in the world cities by 2025, and Mumbai and Delhi tops the list of the 20 countries that are expected to experience the maximum demand.
'India is exploiting its limited natural resources'
In this interview with , G Krishnan talks about the implications of the verdict on the Western Ghats and other environmental issues.
The secret behind Venugopal Dhoot's biggest success
Videocon's Venugopal Dhoot has become the most successful maverick in oil and gas business in India.
Why things in US might be worse than Europe
Just because there are problems in Europe doesn't mean things are fine in the US.
Column: Who benefits from REFORMS?
The next time you hear a call for "reform", it might be useful to ask, "For whose benefit is this reform?"
IMAGES: Worst trading losses in the world
Losses and gains are an everyday business in the stock markets.
IMAGES: 15 nations that lead in giving citizenship
There are many countries that have restrictive immigration policies, while some have a welcoming policy.
Hindustan Unilever's new horizons: Beauty, food and water
In its recent annual report for 2011-12, the country's largest fast-moving consumer goods (FMCG) company, the market value of which is about Rs 1,00,000 crore (Rs 1,000 billion), stated these segments were "key capabilities in order to win in the future".
Can the Centre solve states' debt crises?
West Bengal's demand for a moratorium on repayments to the Centre raises a whole slew of problems.
Before leaving North Block, Pranab clears CST compensation
Empowered committee to meet on July 13 to discuss Central Sales Tax, Goods and Services Tax.
Why these 10 countries are the world's happiest
The latest HPI results show how these countries produce long, happy and sustainable lives for their people. The overall index scores rates countries based on their efficiency, how many long and happy lives each produces per unit of environmental output.
Economy doesn't seem water-proof, yet
Deficient rains can shave 50-80 basis points off gross domestic product and hurt consumption.
India to have 36 of 440 rising cities in 2025
McKinsey Global says these cities would generate about 47 per cent of expected global GDP by 2025.
Revive animal spirits for growth, says PM
Says reverse climate of pessimism, fix problems on tax front, remove policy bottlenecks to ease capital flows.
IMAGES: The all new Chevrolet Captiva at Rs 18.74 lakh
Though GM India delivers best of technology cars but at the same time, it lags in the dealer and service station network, one very important criterion for improving sales and rising popularity charts in India.
PHOTOS: Now, you can buy a laptop for Rs 5K!
ACi India has unveiled India's first ever fully functional high-resolution screen laptop at Rs 4,999.
|June 27, 2012|
|1.85 mn new mobile users in April, Bharti leads|
The total mobile subscriber base in the country grew marginally to 952.91 million in April from 951.34 million in March with net addition of 1.85 million users, according to data released by sectoral regulator Trai on Wednesday.
Good news! Oil cos may cut petrol rates by Rs 4 a litre
Petrol price may be cut by as much as Rs 4 a litre from
Allowance for Singur farmers to be doubled: Mamata
The allowance of Rs 1000 per month being paid to farmers of Singur, who had unwillingly parted with their land and not accepted Minister Mamata Banerjee announced.
India Inc's revenues at 6-qtr low in Q1
Revenue and profit contractions to continue till investment cycle does not revive.
China sinking? External debt crosses $751 bn
China's external debt crossed $751 billion in March, highest since it embarked on economic reforms in 1985, even as debt ridden local governments have been barred from issuing bonds directly to raise revenues.
Slowdown: Has India entered a stagflation period?
Fitch Ratings said with GDP growth of 6.5% and WPI-based inflation of 8.8%, India may have entered into a stagflation period in 2011-12.
Ratan Tata gets Rockefeller Lifetime Achievement Award
Tata Sons Chairman Ratan Tata has been awarded a Lifetime Achievement Award by the prestigious Rockefeller Foundation for innovation in philanthropy.
Old is gold: Heritage pharma brands take the lead
At a time when pharmaceutical companies are investing billions of dollars to develop new and path-breaking medicines, it is the old and heritage brands that continue to dominate the market. Sales in 2011 show that the average age of the top 10 pharma brands is 19.3 years, and some of them are as old as 25 years.
SPECIAL: Why UPA will be slow to reforms even now
It is expected that the finance ministry will be handled for some time by Prime Minister Manmohan Singh.
IMAGES: 10 luxury brands that dominate the world
There are many brands that are famous all across the world.
Vote: Who is India's best finance minister?
India's finance ministers ushered in financial reforms and steered the economy out of crisis over the years. Despite the present slowdown, India has managed to maintain a stable outlook on India's rating.
Coming soon: Maruti's NEW 800cc car
Maruti Suzuki India is gearing up to introduce by the end of this year a new 800cc car that is likely to be more fuel efficient, but also more expensive, than its existing best selling model Alto.
IMAGES: World's 20 best tech companies to work for
There are many big tech companies, such as Apple and Google, but which are the best to work for?
Now, dating an IITian just a click away
Are you an IITian looking for some quality time, as a welcome break from the drudgery of studies? Or, put differently: Are you looking to date none else but the brilliant IIT-types?
COLUMN: How Pranab will be remembered as FM
For most of his first stint as finance minister, Pranab Mukherjee had Indira Gandhi as his prime minister. In his second stint, the prime minister was Manmohan Singh.
RBI may impose curbs on gold coin sale
The Reserve Bank of India (RBI) is likely to clamp down on gold coin sales by banks, amid rising bullion imports adding pressure to the current account deficit and weakening the rupee.
'Rupee was somewhat overvalued'
While markets are watching the rupee touch record lows, Paul Mackel, Head of Asia Currency Research-Global Research at HSBC, says the currency is not yet in a free fall.
ONCE AGAIN! US goes full blast against outsourcing
US President Barack Obama and Vice President Joe Biden on Wednesday went full blast against Republican presidential nominee Mitt Romney, accusing him of outsourcing American jobs to countries like India and China.
IMAGES: How Americans spend their days
Sleeping accounts for more than a third of the average American's day.
Why flexible working hours are here to stay
The research involving more than 1,000 employees from US, Britain, Germany, France and Ireland revealed that flexibility in office hours often results in employees working for more than 12 hours instead of the traditional eight hours.
|June 26, 2012|
|Tough decisions taken in interest of people: FM|
Pranab Mukherjee, who resigned as the Finance Minister on Tuesday to contest for the post of President as a Congress nominee, sought to justify some of his tough and contentious decisions saying that they were taken in the interest of people.
Bangalore Metro Phase-I by December 2013
Karnataka Government on Tuesday said it was aiming to complete the Phase-I of the metro rail project in the city by December next year and has begun talks with Centre for taking up the second phase of the mass rapid transport system to ease traffic congestion in the IT capital.
Sentimental Pranab says goodbye to North Block
Before leaving to tender his resignation to Prime Minister Manmohan Singh, Mukherjee said, " I stand ready to embark on a new journey".
From FM to President: Pranab's successful innings
From starting off his career a teacher in West Bengal to joining politics and holding several ministerial positions, it has been an enviable journey for Pranab Mukherjee through the echelons of power.
QUIZ: How well do you know India's Finance Ministers?
So, how well do you know the Finance Ministers of India, who have contributed towards India's story? Take this quiz to know a little more about India's Finance Ministers:
Luxury in Asia: What millionaires buy
Asia now has more millionaires than North America.
Who will be India's next Finance Minister?
India's finance minister Pranab Mukherjee is all set to become the next President of the country.
IMAGES: How Ikea became largest furniture retailer
Ikea is a privately held, international home products company.
Busted: CCI brings 'cartelising' cement companies to heel
The CCI says that cement firms met regularly to fix prices, control market share and hold back supply.
And now, crippled Kingfisher sees flight of engineers
About 200 engineers reported sick in April protesting delay in salaries.
Pranab's parting gift disappoints markets
Hike in limit on foreign investment in govt bonds among measures to stem rupee slide.
How erratic monsoon spells trouble for Indian markets
Musings on the world market trends.
IMAGES: Highest unemployment rates around the world
Unemployment rate is increasing all across the world due to the economic crisis and global uncertainty.
Drought: It's a fight for survival in Maharastra
Drought returns to rugged south Maharashtra, and farmers are left to cope. <I></I> visits Jath <I>taluka</I>, where things look grim.
Stunning images: The rise of megacities
A megacity is a metropolitan area with a total population of over 10 million people.
IMAGES: 5 cars priced above Rs 10 lakh coming to India
Despite the slowdown, year 2012 is also going to witness the launch of few of the most desirable premium cars in the price bracket of Rs 10-20 lakh.
|June 25, 2012|
|Why Sanjay Gandhi forced SBI chairman to quit in 1976|
The vignette that deserves a wider audience relates to Talwar's ouster.
IMAGES: 25 countries that depend the most on tourism
There are many countries that depend on tourism, but some depend more than others.
COLUMN: Degrowth: beyond Rio+20
The transition towards a degrowth society also requires a reexamination of the idea of democracy.
Going the digital way: Gadgets for e-readers
Among the e-book readers or e-readers, users have enough variety to choose from. E-readers are available in the traditional black-and-white, e-ink formats, seven-inch multi-media tablets and the colour tablets like the iPad.
On the ground, Singur remains disappointed, despairing
It is easy to spot the trappings of dejection along the now broken Singur roads, after the Calcutta High Court division bench judgment termed the Singur Act, a legislation introduced by the Mamata Banerjee government to recover some land leased to Tata Motors Ltd, as "void and unconstitutional".
Despite low GDP, Moody's upbeat about India's future
Although, Moody's expects that global and domestic factors, including potential shocks in agriculture, could keep India's growth below trend for the next few quarters.
How these Indian brands attained the cult status
Indian market has stood testimony to mighty global brands that have not only confronted their greatest opponents in local brands, but more often than not, bitten the dust.
'The world is moving to online big time'
'Eventually many ecommerce businesses will be profitable and will do well. Nobody can say whether you have paid a huge price for a company but the future is indeed embedded there.'
How the Rupee slide will impact sectors
Though the first quarter of this financial year has nearly come to an end, analysts and research houses are still trying to figure out the exact impact of the rupee on companies.
Rupee fall: What the government, RBI plan to do
India Inc expects hike in FCNR (B) rates among on Sunday's measures to arrest rupee fall.
Singur verdict: A few positive things for Mamata
Implementation of the Act would have been very difficult for government.
IMAGES: The Rs13.60 lakh Jetta petrol is in India
The VW cars are well known in the country's car market for having sturdy body structures, which are combined with powerful fuel efficient engines and abundant comfort and safety features.
|June 22, 2012|
|Indian cities to house 85 crore people by 2050|
With growing urbanisation in India, nearly 85 crore people are estimated to live in cities across the country by 2050, a latest report by industry chamber CII and realty consultant Jones Lang LaSalle said.
Crude down, yet oil cos refuse to cut prices
Rupee depreciating to an all-time low of Rs 57.30 to a US dollar has wiped away most of gains arising from oil dropping below $90 a barrel for the first time since December 2010.
IN PIX: 15 global banks that Moody's downgraded
Some banks called the Moody's move backward looking, arbitrary and unwarranted.
Special: Can Unitech's recover from this crisis?
With dwindling profits, stalled projects, a real estate slump and a promoter just out of jail, Unitech has its hands full.
Tatas win Singur case, setback for Mamata
Giving its verdict on an appeal by Tata Motors Ltd, a division bench comprising Justices Pinaki Chandra Ghosh and Mrinal Kanti Chaudhury observed that the President's assent had not been taken for the Act and as such it was void and unconstitutional.
IMAGES: How did the richest Indians fare in 2011?
Overall financial wealth of high net worth individuals fell across all regions in 2011.
PHOTOS: Amazing hydroelectric plant in Germany
Local architectural office Becker Architecture has designed something from another world.
IMAGES: The top 5 hatchbacks in India
Hatchbacks in India are very appealing and easy on the pocket, which prompts majority of the middle class population to opt for them.
IMAGES: India among fastest-growing economies
India will be among the fastest-growing countries in the world in the next two years.
IMAGES: How people struggle for a living in India
India's streets are bustling with small businesses.
PHOTOS: Budget hotels boom in Asia
International hoteliers are betting big on budget hotels in Asia.
Microsoft's downfall: Steve Ballmer to be blamed?
Steve Ballmer would be dead in the water without Windows and Office, which he inherited.
|June 21, 2012|
|Retail investment: India 5th most attractive market|
Even though its ranking slipped from the fourth spot in 2011, India has been placed ahead of the UAE, Saudi Arabia, Indonesia and Russia.
China has over 100 mn living below poverty line
Addressing the conference, Chinese Premier Wen Jiabao said as a developing country, China may boast a fairly large economy, but its per capita income ranks around 90th in the world.
India 'condemning' millions to stay poor: L N Mittal
Joining the likes of N R Narayana Murthy and Azim Premji to blame the Indian government for policy inaction, UK-based NRI billionaire L N Mittal said the country is potentially condemning millions to remain in poverty by not helping industrialisation.
Bangalore - India's LEADING real estate market
Good range of properties, stable prices, makes the city perform better than peers.
IMAGES: India's love affair with mangoes
India's mango production is estimated to have been stable at 1.5 million tonnes for last few years.
IMAGES: 8 regions that have most oil and gas
About 75 per cent of the resources are in four principal regions.
RIM launches Blackberry Porsche at Rs 1.39 lakh!
Blackberry-maker Research In Motion, which is facing troubles in global markets, said it will top industry growth this year in India.
IMAGES: Tata's electric car to cost less than $20,000
Tata Technologies completed its first feasibility study of the electric vehicle using Dassault Systems' 3DEXPERIENCE Platform.
Foreign vacation gets the blues
Outbound travel falls 10 per #162 reasons vary from economic downturn, rupee and a rise in air fare.
Historic PHOTOS of Dubai International Airport
Dubai International Airport is a major aviation hub in the Middle East, spread over an area of 7,200 acres.
|June 20, 2012|
|Govt to exempt 14 more services from tax|
With the inclusion of 14 items, the total number of services in the negative list will go up to 38.
All nations must focus on growth: Manmohan Singh
Stating that the G-20 Summit took place in very difficult circumstances, Prime Minister Manmohan Singh said, "Faltering growth in most countries was overshadowed by the threat of uncertainty in the Eurozone arising from a combination of excessive sovereign debt combined with banking weakness."
Motorola launches two Razr smartphones
In India, Razr Maxx will be available in select cities at select retail stores starting June 21 for a recommended retail price of Rs 31,590.
Fitch lowers rating outlook of 3 Indian banks
Global agency Fitch on Wednesday cut credit rating outlook to negative from stable of 11 financial entities, including State Bank of India, ICICI Bank, Punjab National Bank and Axis Bank.
Murthy's 2nd innings a big success as well
The Rs 600-crore (Rs 6-billion) fund wants to become a global-style limited-partnership investor. It was a venture capital fund formed after much thought and attention to detail, like almost all the moves.
Sinking story: Why Air India's nightmare continues
. Therefore, it is now the government's urgent responsibility to end the impasse, restore confidence in the airline and its staff and allow it to continue with its recovery before it manages to sink it, once again.
IMAGES: Indians among top buyers of homes in US
While all real estate is local, not all property buyers are.
TCS gives Rs 5-cr farewell gift to Tata
The TCS board approved a special compensation of Rs 5 crore (Rs 50 million) over and above the Rs 3-crore (Rs 30-million) commission due to him for the last financial year.
Big pay rise for Indian private bank CEOs
RBI released guidelines on compensation of CEOs of foreign and private banks.
Q1 advance tax figures signal corporate gloom
Growth in Apr-Jun collections falls to 4.9% from 19%.
COLUMN: Why economic reforms face political hurdles?
Indian governments enjoy brief periods of autonomy before politics take over.
IMAGES: Tata Safari Storme to be launched soon
This new version was first showcased in the 2012 Automobile Expo, which was held in the country's capital, New Delhi earlier this year.
IMAGES: Jobs, pay and skills for 3.5 bn people
Over the past three decades, a global labour market started taking shape.
IMAGES: The stunning Peugeot 301 may soon be in India
This new sedan that Peugeot has planned for developing markets, called the 301, takes a leaf right out the 309's book.
|June 19, 2012|
|India Inc takes the innovative route to cost-cutting|
Austerity, and not necessity, appears to be the mother of invention these days with the economic slowdown forcing companies to explore new ways of doing businesses.
PHOTOS: Tesla cars are simply beautiful
Tesla Motors is a Silicon Valley-based company.
Is ArcelorMittal winning or losing ground in China?
At the zenith of his success in capacity consolidation marked by acquisition of Arcelor in June 2006, and, in the process creating a steel behemoth of over 100 million tonnes (MT) capacity, Lakshmi Mittal, credited with spotting opportunities ahead of his peers, used to say that his squaring the circle would be complete with his setting foot in China and India.
Airlines to cut highest level domestic fares by 20%
All scheduled domestic carriers are mandated to upload their minimum and maximum domestic fares for all routes on their websites every month.
IMAGES: Microsoft unveils Surface to rival iPad
Microsoft has launched its own tablet called Surface.
Global economic situation is deeply worrying: PM
The economic recovery is faltering and even the fast growing emerging markets are slowing down, says Prime Minister Manmohan Singh.
QUIZ: Can you identify these business leaders?
Some are innovators, some have inherited their family business and some are at the helm of big corporate houses. They are all successful in their own stride. Can you identify these business leaders? Take this quiz to find out
India's airlines: Meet the winners and losers!
India's domestic air traffic rose during to 258.07 lakh from January to May 2012 as against 244.98 lakh during the corresponding period of previous year, registering a growth of 5.34 per cent.
IMAGES: India to be among top wealth markets
India is set to occupy a major position in the top 10 wealth markets in 2012, says Datamonitor.
Apple takes these products heads on
Every year, Apple developers get together at the company's Worldwide Developers Conference (WWDC), held in San Francisco. The event focuses on Apple's successes and what products developers should be getting excited about in the future.
|June 18, 2012|
|Oil cos put off petrol price cut due to weak rupee|
State-owned oil firms have decided to "wait-and-watch" the international scenario and the rupee-dollar rate before deciding to cut petrol prices.
'Liberalisation has to come into the real estate industry'
Nanded City developed by the Magarpatta Town Development Corporation, is a Rs 6,000 crore project spanning a whopping 700 acres.
Internet content censorship from India up 49%: Google
The Internet giant said political comments were a prime target as the number of requests for the company to remove content from the reach of Internet users jumped manifold.
New to photography? Great tips for an amateur
If photography is your passion and you like to see the world through the lense, the camera is the ultimate device you would like to possess. Here are a few things an amateur should know.
PIX: Discover the new Disneyland California Adventure Park
Walt Disney Company has unveiled a revamped Disneyland California Adventure Park spending a whopping $1.1 billion.
IMAGES: These are the BEST buildings in the world!
Dramatic towers in Canada, Qatar, Australia and Italy have been named the best tall buildings in the world.
Why is Volkswagen introducing a petrol version of the Jetta
Petrol prices are on the up and up while petrol car sales are going down and down. So what makes Volkswagen think that the market is in need of a petrol-powered Jetta?
PHOTOS: Hotel built on boats in New York
A hotel in New York is built on boats.
Is it yours? Rs 1,200 crore unclaimed deposits in banks!
It is not impossible to claim a 10-15-year-old deposit, but the process can be cumbersome and time taking.
Why delay in filing returns can be taxing
July is the season for filing your tax returns for the previous year. While most tax payers would be engaged in filing their annual tax declarations to their company for the current year, let us not forget about the last duty due for the previous year.
COLUMN: What is Mamata Banerjee's real problem?
The single factor that can help West Bengal to tackle its debt crisis is private investment.
Can India's healthcare sector paint a happy picture?
As a formidable global economic power, accessible quality healthcare can be a key competitive strength for India.
No change in home, auto loan rates
The Reserve Bank of India has kept all key interest rates unchanged in its mid-term credit policy review announced on Monday.
IMAGES: The Rs 34.62 lakh Mercedes C Class AMG is here
This new limited edition Mercedes Benz C Class AMG luxury sedan will be on sale with immediate effect.
How Jet Airways has managed to retain its top position
Aircraft reconfiguration and Kingfisher's slide help the airline consolidate its top spot, but widening losses and IndiGo's rapid rise are big concerns.
62% Indian employees report sick to chill out at home
In India staying home and watching TV was the top choice followed by meeting up with friends and relatives.
IMAGES: Best and worst airlines in America
There are some airlines that are winning praise from customers.
TIPS: How to save car fuel
These tips have helped many car owners over the years.
|June 15, 2012|
|Jet Airways to WITHDRAW JFK flights from Sep|
It will continue to operate to Newark International Airport.
HSBC lowers India's growth forecast to 6.2%
HSBC's downward revision is in line with similar kind of revisions by a host of other think-tanks, research houses, investment banks and other agencies like the UN, Morgan Stanley, Goldman Sachs, Merrill Lynch, Stanchart and Citi.
RECORD! Gold hits fresh high at Rs 30,570
Gold climbed for a sixth straight session by adding Rs 20 to hit an all-time high of Rs 30,570 per 10 grams.
India story intact: Kochhar, Kamath differ with doomsayers
Amid a growing number of industry leaders expressing anguish over policy paralysis, top banker Chanda Kochhar has said that people are talking more about challenges while taking the positives for granted.
IMAGES: Inflation rates around the world
Inflation is a rise in the general level of prices of goods and services in an economy.
'India needs to retrain 285 million working individuals'
Of these, 150 million have not even completed primary education. Providing job-relevant vocational skills to these workers is a unique challenge that India faces, said the report.Vocational education from the secondary school level should be pursued, and efforts should be made to retrain 285 million adult workers with just primary schooling or less, according to Anu Madgavkar, senior fellow, McKinsey Global Institute.
How to rebuild India's economic story
The big domestic economic challenge today is the slowdown in growth and infrastructure investments.
Watch out! Rival companies are spying on you
In order to gain advantage over their competitors, companies across various sectors engage in "espionage" like "bugging offices of their rivals by planting a mole", says a survey by industry body Assocham.
Jaguar Land Rover shifts into a higher gear
While analysts reacted negatively to a drop in the operating margin, JLR has demonstrated a strong global growth.
Big crisis: 50% below normal rains in India
As the southwest monsoon moves slowly across the southern peninsula, the India Meteorological Department (IMD) in its latest report said the overall rainfall during the second week of the four-month season was almost 50 per cent less than normal.
Car makers are looking at new ways to attract customers
With sales sagging despite discounts, car makers are now looking at value-added services to attract customers.
IMAGES: These ten cars under Rs 10 lakh soon in India
Let's take a sneak peak into these cars.
Haunting IMAGES of child labour around the world
Child labour refers to the employment of children at regular and sustained labour.
IMAGES: Italian village meets China!
China has constructed a copy of an Italian city called Florentia Village.
Amazing PHOTOS of a solar-powered aircraft
Solar Impulse's solar-powered HB-SIA prototype airplane has successfully completed the world's first intercontinental flight.
These sectors see dramatic growth in India
The print media industry is on a roll, if Index of Industrial Production (IIP) data is to be believed without a pinch of salt.
Victims of urbanisation: India, Indonesia and China
The island city of Indonesia serves as a grim reminder of the urban squalor that awaits most Asian cities.
|June 14, 2012|
|At 50, witty 'Amul' girl captured in book|
The likes of megastar Amitabh Bachchan, cricketers Sunil Gavaskar and Rahul Dravid, veteran filmmaker Shyam Benegal, novelist Shobhaa De among other prominent public figures have chronicled the story of the 'little girl in polka dots' in a book now.
Indian economy is in stagflation: Moody's
Amid wholesale price-based inflation ticking up to 7.5 per cent year-on-year in May due to supply-side factors, the agency said it will cause further "headaches" at the RBI.
Mining in India is out of control, claims report
Report by the Human Rights Watch running into 70 pages shows that mining in India is out of control.
IN PIX: Gold climbs to all-time high of Rs 30,550
The yellow metal had gained Rs 920 in previous four trading sessions.
Nokia to cut 10,000 jobs; shut units
"Nokia plans to reduce up to 10,000 positions globally by the end of 2013. Nokia is beginning the process of engaging with employee representatives in accordance with country-specific legal requirements," it said in a statement.
How you can fuel your car's efficiency
Experts cite several points which can help cut fuel costs. For instance, sudden acceleration and hard braking should be used rarely, since they can increase consumption by at least 40 per cent.
How e-commerce is reinventing itself
The experience of 99labels, a fashion e-retailing site controlled by InfoEdge -- the same company that owns India's largest job search site, Naukri.com -- is key to understanding big changes sweeping the e-commerce sector.
IMAGES: Rise and fall in oil production and demand
It was a 'turbulent year' for global oil markets.
Financial literacy: World's top 20 nations, India lags
Indians are among the least financially literate people across the globe with youngsters and women struggling most with their finance knowledge due to lack of discussions within the families on money management issues.
SHOCKER! Inflation rises to 7.55% in May
Overall food inflation rose to 10.74 per cent in May, from 10.49 per cent in the previous month. Food articles have 14.3 per cent share in the WPI basket.
Why politicians love low-skilled jobs
Creating low-skilled jobs, the kind of jobs that almost anyone in a country can aspire to, is the real priority of any politician who has to face an electorate.
Why do top bosses feel lonely?
The CEO Snapshot Survey conducted by global executive talent development firm RHR International showed that being a CEO may come with prestige and financial benefits, but it is often accompanied by isolation.
Indian cos apply for domain names priced over Rs 1 cr
Leading corporate houses like Reliance Industries, Airtel and State Bank of India have applied for use of word of their choice to replace .com, .net and the other usual suffixes on their website addresses.
Jobs update: These 7 sectors are hiring big time in India
Indian employers report positive hiring plans for third quarter in 2012. With 55 per cent of employers expecting to increase staffing levels, 2 per cent forecast a decrease and 32 per cent anticipate no change, according to the latest Manpower Employment Outlook Survey.
Indian stock market unattractive for investors: Goldman
The Indian stock market does not present attractive prospects for investors in the near term amid sluggish domestic and global economic growth outlook, according to Goldman Sachs.
IMAGES: Biggest silver reserves in the world
World silver mine production increased to a new record of 23,800 tonnes as a result of increased production at primary silver and lead-zinc mines.
IMAGES: 10 Indians among hottest business leaders
Business leaders in the region are breaking paths and becoming powerful players.
IMAGES: 10 top searched 'new' cars in India
These days, majority of car buyers do their research online before buying a car.
|June 13, 2012|
|IMAGES: Nokia Pureview 808 in India for Rs 33,899|
Currently, most smartphones available in the country offer cameras with 5-12 MP quality.
PIX: Assam's stunning Saraighat Bridge completes 50 years
The first bridge on Brahmaputra River, built to connect north east India with the rest of the country, has completed 50 years.
IMAGES: 27 BEST banks in the developed markets
New York-based Global Finance magazine recently announced its annual awards for the World's best banks in developed markets. The winners of this year's awards are those banks that attended carefully to their customers' needs in difficult markets and accomplished better results while laying the foundations for future success.
Toshiba launches new range of laptops
Toshiba India, a 100 per cent subsidiary of Toshiba Corporation, Japan, on Wednesday launched its 2012 range of new fully-equipped and sophisticated Satellite Series laptops -- C Series, L Series, M Series and the new Ultrabook Satellite U840.
The all new Scorpio W105 to hit the roads soon!
India's largest selling sports utility vehicle is going strong even in its 10th year, but M&M has already set the ball rolling for a complete makeover
IMAGES: Mumbai monorail to be ready by December
Mumbaikars will have to wait until December for the commissioning of the Mumbai monorail phase-I project and till March next year for the phase-I of Mumbai Metro rail project.
IMAGES: World's 20 most expensive cities
When compared to New York, Mercer's benchmark city, most European cities have witnessed a decline in cost of living.
Pitroda urges America Inc to be patient with India
A coalition government doesn't lend itself to the kinds of demands US companies are making.
Premji slams Centre for policy paralysis
An analyst who participated in the call, on the condition of anonymity, quoted Premji as saying, "The government has to act now; there is a need for regulatory changes.
Innovation: Philips makes chips out of hot air!
Priced at Rs 14,995 the product is targeted at urban and semi-urban consumers.
India will restore investor confidence: Krishna
Seeking to abate skepticism over the current business environment in India, External Affairs Minister S M Krishna claimed India will restore investor confidence and regain economic momentum.
Why RBI should cut key rates
Contraction in mining and capital goods pulls down industrial growth to 0.1%; FM says steps being taken to revive investments.
PHOTOS: South Korea builds city of the future
Songdo International Business District officially opened as a designated Free Economic Zone and the first sustainable city in the world.
BATTLE of the hatches: Honda Jazz vs Maruti Swift
The two car companies have one of the most prominent hatchbacks in the premium segment namely, Maruti Swift and Honda Jazz.
|June 12, 2012|
|What irks train travellers in India the most?|
Indian Railways might be hit by a series of problems including safety issues, but it is basic hygiene, particularly unclean toilets, that appear to be the biggest concern in the minds of frequent travellers.
UPA pushing India to brink: Modi on S&P report
Standard and Poor's (S&P) in its report released on Monday 'Will India Be The First BRIC Fallen Angel?' said: "Slowing GDP growth and political roadblocks to economic policy making could put India at risk of losing its investment grade rating".
Why development has come to a standstill in Andhra Pradesh
Jagan Reddy's arrest has only added to the prevailing climate of economic uncertainty in the state.
PHOTOS: Stunning bridges in the United States
There are more than 600,000 bridges in the United States.
HNIs plan private museums to display collections
Uber-rich approaching bankers to help them set up trusts that will own, govern and manage the collections.
Why property sales are falling in Mumbai
However, leave and licence deals registered with the department of stamps and registration shot up during the period, official data showed.
Zurich Airport eyes Navi Mumbai, Goa
Even as German airport developer Fraport AG is shutting its operations in India, deciding to sell its small stake in the Delhi airport, its competitor in Europe, Zurich Airport, is bullish on Asia's third-largest economy. The company is eying investments in the greenfield international airport projects at Navi Mumbai and Goa.
IMAGES: Apple launches MacBook Pro
Apple has announced an all-new MacBook Pro at the Worldwide Developers Conference 2012 in San Francisco.
How the govt can bring foreign investors BACK to India
How just a few sentiment boosting measures by the government will go a long way in turning back the attention of foreign investors on India.
Air India advertises for pilots on contract
For the first time ever, Air India (AI) has decided to induct Indian pilots on a five-year contract, giving rise to fear among the Indian Pilots Guild (IPG) that sacked pilots might not be inducted on a permanent basis.
SHOCKING! Industrial production rate slows to 0.1%
The manufacturing sector, which constitutes over 75 per cent of the index, grew barely 0.1 per cent, as against 5.7 per cent in April 2011, according to the official data released on Tuesday.
Facebook has company in India
Investors in many Indian companies would have a sense of deja vu after Facebook's public issue turned into a Wall Street debacle. For, over the past five years, Indian markets have been witness to many such breathlessly hyped Initial Public Offers (IPOs) which crashed in an equally spectacular way on the listing day and never recovered.
Videocon, Philips gear up for digitisation
Videocon and Philips are gearing up to usher in a new regime with new models that can receive and broadcast TV signals without a set-top box, though a debate over the preparedness of cable operators to migrate to digitisation from July 1 continues to rage.
India a FALLEN angel? Nah, says Pranab
Pegs 2012-13 GDP growth at 7%, says turnaround of the economy likely, rules out fiscal stimulus to revive growth prospects
India may be the first fallen angel in BRIC: S&P
Rating agency says the country may lose its investment-grade status on growth concerns; finance ministry begs to differ
BIG discovery: A 2,500-year-old industrial estate!
The finds show that workshops for cutting and shaping precious gems, for making semi-precious stone beads, and also, incidentally, for shell-cutting, were present in Kodumanal more than 2,300 years ago.
Why petrol price may be cut by Rs 2 a litre
On June 2, petrol was brought down by Rs 2.02 to Rs 71.16 a litre in the capital.
IMAGES: Most beautiful hybrid cars in the world
A hybrid electric vehicle combines a conventional internal combustion engine propulsion system with an electric propulsion system.
|June 11, 2012|
|SBI breaches RBI norms on RIL exposure for 4th year|
State-run banking giant SBI has said it temporarily exceeded RBI-prescribed credit exposure limit for the fourth year in a row in 2011-12 with regard to loans given to Mukesh Ambani-led Reliance Industries (RIL).
There's some good news in the Indian economy
It would be foolish to deny that some of the increased spending by governments (Centre and states) is showing up in better numbers.
Spicing it up: Tata plans to expand Ginger hotels
After taking a few knocks, the Tata group-owned no-frills hotel chain is putting its expansion plans on the fast track.
IMAGES: 25 most reputable companies in the world
Reputation Institute has identified 100 companies that have successfully established strong international reputations.
Govt's austerity? It's a big JOKE
The government will get away with it, because of our perennial confusion between public and personal austerity, and our jaw-dropping incompetence with simple mathematics.
Oneworld is taking it easy on Kingfisher membership
Ealier at a press conference, the Oneworld also announced the joining of Srilankan Airlines in its fold.
Mini Cooper S: The rich man's Swift
Same DNA, different attitudes.
Take action against striking pilots: Ajit Singh to AI
'It is an illegal strike. They have defied the high court.'
Taxes make Indian airfares 300% higher than China: Goyal
Air fares in India were about 300 per cent higher than those in China and some other countries because of high tax rates, Jet Airways chief Naresh Goyal said on Monday, asserting that the aviation industry could not grow with such taxation.
Safeguard yourself with these apps
Industry data suggest that we lose more than 10,300 hours a year retrieving lost passwords, making new ones or talking to call centre representatives about those. And it gets much worse if a password is stolen and misused.
Govt slammed for airport charges, poor infrastructure
Observing that India's airport regulator AERA allowed a whopping 346 per cent hike in Delhi airport charges, IATA Director General and CEO Tony Tyler said 'this is clearly unacceptable'.
CII survey predicts a dismal GDP growth in 2012-13
Economic growth slipped to a nine-year low of 6.5 per cent last financial year, but India Inc fears further deceleration in the GDP expansion during 2012-13, shows a survey.
Situation VACANT -- at a couch near you
IT-BPO company Zensar to have 30% workforce based at home to cut office spends, draw talent
How mobile TV market is trying to make it big in India
India happens to be the third largest television household market. The country also has the second largest cell phone user base in the world. Mobile television would seem like the natural progression. Right?
RCom deal: Alcatel, Ericsson front runners
The Rs 8,000-cr deal is expected to be finalised early next month.
LONELY Greece: Where are all the tourists?
According to a Reuters report, tourism, which slumped by 25 per cent in 2009-2010 only to rebound last year, is crucial to Greece's economy, accounting for 15 per cent of its output and one in five jobs in a country where unemployment has hit a record high of 21 per cent.
10 factors that attract foreign investors to India
India is rapidly emerging as a manufacturing location for many foreign corporations.
|June 08, 2012|
|COLUMN: Why one should invest in stocks now|
Given the all-pervasive air of negativity hanging over the country, it is tempting to try and construct a contrarian viewpoint
Infrastructure's biggest enemy? The government
Ask any infrastructure developer and he will tell you that the biggest risk factor is the government itself.
SPECIAL: It's talent, stupid
Challenge of holding on to a good workforce and keeping employees motivated doesn't go away in a slowdown.
44 BSE 500 companies beat RIL returns since '91
An investment worth Rs 1,000 in Reliance Industries' initial public offer about 35 years earlier is now worth Rs 778,000, said its chief, Mukesh Ambani, on Thursday.
PHOTOS: 12-step plan to boost India's economy
The GDP growth fell to a nine-year low of 5.3 per cent in the first quarter, down from 9.2 per cent the same time last year.
Can you identify these ad slogans?
A slogan brings out the product's feature and gives the brand an identity. If the slogan manages to capture the customers' attention, then it is pronounced as an instant winner. Why? It not helps the brand break the clutter, but it makes an instant connection with the customer.
Chances of US slipping into recession 'very low': Buffett
Unless the Eurozone crisis escalates further.
Gold booms at 30K: Doom for jewellers, buyers
Gold on June 6 hit a fresh all-time high by adding Rs 100 to Rs 30,400 per 10 grams on brisk buying by stockists triggered by a firming global trend. Silver followed suit, and shot up by Rs 1,200 to Rs 55,500 per kg on increased offtake by industrial units and coin makers.
India has created thousands of jobs in US: Blake
The sizeable Indian investment flowing into the US is supporting thousands of jobs in this country, a senior US official has said, acknowledging the contribution of Indian money in creating employment during a tough economic environment.
10 languages in which it is EASY to crack Net passwords
Many users continue to use rather predictable passwords to protect themselves online.
India's aviation hub dreams face Dubai,Singapore challenge
Indian airports have been at a disadvantage because of high taxes, cumbersome visa and foreign exchange norms, losing out to peers in the Gulf.
PHOTOS: North Korea boasts of some amazing architecture
North Korea is one of the most secretive countries in the world.
Why Ambani may be able to walk the talk
Analysts believe for each of its businesses, RIL has underlined triggers that could boost profitability.
IMAGES: These nations offer the best housing facilities
Housing should offer a place to rest where people feel safe and have privacy and personal space; somewhere they can raise a family, says an OECD study.
Clash of the titans, New Hyundai i20 vs Volkswagen Polo
Hyundai completely changed the old i20 and provided some alluring cues to its fluidic structure.
|June 06, 2012|
|India has ambitious plans to meet infrastructure targets|
Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission made a presentation in which he pointed out the detailed process through which these targets were finalised and the high level of ambition they represent.
Gold zooms to a record high of Rs 30,400
Gold on Wednesday hit a fresh all-time high by adding Rs 100 to Rs 30,400 per 10 grams on brisk buying by stockists triggered by a firming global trend.
BIZZARE! A 'dead' cat-helicopter worth Rs 70 lakh
The value of Orvillecopter, a Dutch work of art transforming a dead cat into a remote controlled helicopter, has surged by almost tenfold after generating both headlines and criticism worldwide.
Cyber crime detection: A long road ahead for India
India's cyber security is definitely a cause for concern and every day there are new forms of onslaughts.
Few takers: Maruti cuts petrol car production
The company had recently stopped production of petrol models, including the Alto, M800, A-Star, Estilo and Omni for three days to prevent inventories piling up further.
How Kolkata's iconic trams plan to stay afloat
The plan, chalked by the West Bengal government and CTC, envisages ferry services on the Ganges between Barrackpore in North 24 Parganas and Babu Ghat in Kolkata.
PHOTOS: A day in the life of India's financial capital
Mumbai is the commercial and entertainment capital of India.
The big fall: Will Facebook vanish by 2020?
The world without Facebook sounds unbelievable, but after its sliding stocks a hedge fund manager has predicted that Facebook will "disappear" in five to eight years.
IMAGES: World marks environment day
United Nations Environment Programme established World Environment Day in 1972.
Good News: India's growth cloud has a silver lining
When stock brokers start quoting Oscar Wilde, it's probably a good time to bet on the markets. After the dismal Q4 GDP numbers, some experts are rushing to write the obituary of the India story. So, is this really endgame for India? It seems not.
ITC cracks the code in foods, finally
As a business, ITC Foods is younger than many other established players around, having begun operations only a decade ago.
Amul's Utterly, Butterly girl is winning hearts at 50
Yes, the girl in a polka dotted dress, with a matching bow in her hair, for whom no subject is taboo, no individual beyond her jibes, whom we know fondly as the Amul Girl, has just completed half a century peering down billboards.
IMAGES: Drinking alcohol? 15 nations that top the list
The WHO has ranked countries based on consumption of alcohol.
EU crisis creates a headwind for the global economy: US
Observing that economic performance in Europe is of great importance to the US, the White House has said the Eurozone crisis creates a headwind for the global economy, and as such any trouble there poses a challenge to the American economy.
IMAGES: 15 reasons why China will dominate the world
China is the world's second-largest economy, after the United States.
Work-life balance: World's 20 BEST NATIONS
The biggest challenge for workers across the world is to find a perfect balance between work and life.
IMAGES: Toyota Corolla Altis Aero at Rs 11.47 lakh
As this is a limited edition trim, there are expected to be some impressive features on offer, which have been specifically incorporated in these premium sedans.
|June 04, 2012|
|Petrol price: FM favours 25% cut in states taxes|
He said the states needed to also do their bit on reduction of petrol price.
Only reforms can help India tide over crisis
India's gross domestic product growth has slumped to 6.5 per cent in 2011-12, the lowest in the last nine years.
Realtors put launches on the back burner
Big projects may wait till second half of the year as developers turn focus towards execution and delivery
Indian economy: Is there a silver lining?
As the storm clouds gather over the economy, is there a silver lining? Yes more than one. To see them, we have to stop looking in the rear-view mirror at all the accumulated problems and negative trends, and focus on current trends.
Poor economic growth would spell UPA's doom: Javadekar
Poor shape of economy and massive corruption in UPA government would result in defeat of the ruling coalition in the next general elections, BJP MP and party's spokesperson Prakash Javadekar claimed in Hyderabad on Monday.
IMAGES: How child labourers toiled in America
A large number of children worked in mines, glass factories, textiles, agriculture, canneries and small industries during the industrial boom from 1876 to 1900.
'Don't forget Rajat Gupta's philanthropic work in India'
Sixty-three-year-old Gupta's trial, which began in Manhattan federal court on May 21, will resume today after a weekend break with his protege and former McKinsey executive Anil Kumar returning to the witness stand to testify against him.
India's richest join Gates in philanthropy tete-e-tete
"The group expressed belief that philanthropy and social service are integral to the development of any society. The meeting was focused on sharing ideas on philanthropy and not about any pledges. It discussed social work in areas like education, health, water and agriculture," stated the Azim Premji Foundation, the not-for-profit organisation run by Premji.
IMAGES: Companies that earned highest profits
While many companies struggle to break even, there are some that are reporting record-breaking profits.
Upper crust: Exclusive sites for the super-rich
To cater to increased online spending especially for unusual products and services, websites like Excluzen.com, Elite Matrimony and Purple Swan have cropped to cater to this niche audience. The site retails such luxury for the connoisseur.
Is Samsung Galaxy S3 superior than its peers?
The latest mobile from the Samsung stable is out. The device sports a huge display aimed at winning your heart. Besides the looks, it has also got muscle: A 1.4GHz quad-core processor. Now, all you need is a deep pocket.
Highway projects nixed as they falter on finances
This is the first time that highway projects awarded by the NHAI have failed to achieve financial closure.
IN PIX: Ten nations where China has invested the most
China's government has been fine-tuning economic policy settings since the autumn of last year as the outlook for the global economy darkened, export growth sank and capital inflows - a core component of money supply stalled, according to a Reuters report.
Govt backs banks' entry into commodity futures trading
Amendment Bill may be tabled in Monsoon session despite RBI's reservations.
Telecom Revolution: How 4G will change your life forever
4G, already on offer in Kolkata and Bangalore, is all set to change the way you use your mobile phone, watch TV and surf the Net.
Anil Ambani group firms save on employee cost
RCom's employee cost declined by 20.7 per cent.
Why India Inc is in rush for deals in media space
Some see value accretion, for others it's a de-risking hedge
PHOTOS: Most competitive countries in the world
Rankings measure how well countries manage their economic and human resources to increase their prosperity.
Downgrades in earnings loom for Sensex firms
A fall in consensus earnings estimates for 2012-13 will make markets appear relatively expensive: Analysts
|June 01, 2012|
|What is Bill Gates' ultimate DREAM?|
Come August and he will host the world's best scientists and engineers in Seattle, US, to see if they can design cheap, dry toilets which don't hitherto exist.
India is a growth market for us: Standard Chartered
Sunil Kaushal, who took charge as the chief executive of Standard Chartered Bank's India and South Asia operations in February this year, however, appears confident that India will continue to remain a growth market for the bank in coming years.
The alarming case of India's declining growth figures
The crisis is visible across sectors -- even services, normally the engine of growth, clocking near double-digit figures even if agriculture and industry are anaemic, grew at only 7.9 per cent.
PHOTOS: India has one of the most millionaires
Global private financial wealth grew by 1.9 per cent in 2011.
India Inc ready to shift to other side of the dot on www
The Internet Corporation for Assigned Names and Numbers, which recently closed the process for its top-level domain programme, has received 28 applications from 15 Indian corporate houses.
Ambani of the Gulf bets big on Indian market
With a house on the top floor of Dubai's Burj Khalifa, the world's tallest building, Bahrain-based India-born billionaire Ravi Pillai is planning big-buck investments across the construction, hospitality, real estate and healthcare sectors in India.
Trading in options comes cheap, but with risks
Index options safest in derivatives but can wipe out all the capital if attempted without knowledge.
Petrol price hike: How does it affect the common man?
While RBI is still battling rising inflation, it now has the tough task of managing inflation in the light of increased petrol prices.
Looming shadow of the monsoon-unfriendly El Nino
El Nino, an anomalous rise in sea surface temperature off the Peru coast, has been observed to often cause the Indian monsoon to flounder, resulting in poor rainfall. Nearly 60 per cent of agricultural land is wholly rain-dependent.
Stunning IMAGES of 30 rail stations around the world
A glimpse into some beautiful railway and metro stations across the world.
Millionaire households in India SWELL amid slowdown
The number of millionaire households in India jumped nearly 21 per cent.
India to be $2-trillion economy by FY13-end?
In 2011-12, when the rupee stood at an average of 47.95 against the dollar, the size of the economy was $1.84 trillion at current prices (including indirect taxes).
PHOTOS: Billionaires who did not complete college
There are some who did not complete college, but went on to become successful businessmen.
PHOTOS: How the iconic Golden Gate Bridge was built
It is one of the most internationally recognised symbols.
IMAGES: Most admired car companies in the US
Car manufacturers are finding it tough to increase their numbers amid the economic slowdown.
Want to SAVE tax? Try these offbeat options
One of the best ways to take the time to research and plan well in advance, is to start on this exercise right in the beginning of the financial year and not at the end of the it, when there are bound to be different constraints on the cash flow and also confusion over what to choose in the last minute frenzy.
|May 31, 2012|
|IMAGES: 'Killer' companies that are making billions|
Consumption of tobacco is rising by 3.4 per cent per year in the developing world.
Buying a property? Learn about loan to value
The Reserve Bank of India has brought about many new directives and guidelines in order to curb speculation in the property market as the sector stands poised for a revival post recession recovery.
New Gem: The next BIG market for growth
Global Emerging Middle (GEM) is the next big market, says PwC. In India, this segment is expected to cross the USD 1 trillion threshold by 2021; globally the figure is expected to be in excess of USD 6 trillion by 2021.
India's GDP growth dips to 5.3%, LOWEST in 9 years
The gross domestic product growth in the January-March quarter of 2010-11 was 9.2 per cent, according to the government data released on Thursday.
Toyota looks at more small cars for India
Toyota is working on developing six subcompact cars as part of its global strategy to increase volumes in emerging markets over the next four years.
Jatin Thakker has a mission: Save human lives
When you smoke a cigarette you get 1 mg of nicotine is ten minutes. Nobacco gives you the same nicotine in the same time, but it's cleaner.
IMAGES: 20 jobs that are most in demand globally
Organisations around the world still report that they cannot find the talent they need when they need it.
The West moves to revive manufacturing. Why won't India?
The United States does not stand alone in reassessing how government interacts with manufacturing. Across the developed world, only Westminster's Conservatives, the last lovers of finance, continue to be without an industrial policy.
PHOTOS: Biggest beer companies in the world
Beer is the world's most widely consumed alcoholic beverage.
IMAGES: 3 safest cars under Rs 10 lakh
Fortunately the concept is changing, and more and more car makers are now also concentrating on providing ample safety features to woo prospective buyers.
Gates Foundation to sign MoU with UP govt
Bill Gates, who was in Lucknow on a day's visit, assured the UP chief minister of full support by the Foundation to develop innovative solution and provide catalytic, technical, managerial and advocacy support.
|May 30, 2012|
|Rajat Gupta trial: Prosecutors want email about Mukesh|
According to the email, Kumar said, "When with Mukesh on portfolio question. . . 2 things to explore: A) Raj wants to know if they will get into the solar biz aggressively and when (there are implications for supplier companies etc)."
VC king Vinod Khosla's mantra for success
In his speech Khosla asked the teenagers to pursue whatever they have passion for.
Volkswagen woos Indian customer with two new launches
Volkswagen has recently launched Volkswagen Vento Petrol 'Comfortline' and Volkswagen Jetta 'petrol' in India to keep up with the competition.
We have to create a new India: Sam Pitroda
There are lot of opportunities in India to innovate. We need their talent, their emotions and we need their connections.
Mystery deepens over Swiss bank's $2.5-bn transaction
In interview with FSA in front of Sebi, mystery man denies owning U account used to execute $2.5-billion unauthorised trades.
IMAGES: Amazing 'eggs' worth over millions of dollars
It is the 166th birthday of Russian jeweller Peter Carl Faberge today.
Stick to a budget, start saving early in life
This will give you the long-term advantage of compounding and prepare you well to meet your financial needs in the future.
IMAGES: Companies that have NEVER sacked anyone
There are some that have never sacked a single staff in their whole history.
IMAGES: 25 best countries in the world to live in
OECD has ranked countries in the block based on quality of life.
TiEcon is all about fostering entrepreneurship
People were busy, rushing from one panel to the other to grab some knowledge on Cloud, Mobility, Social Media, Energy, Women Entrepreneurship and the newly formed Youth Panel.
Why govt can't DELAY raising diesel, LPG prices
As other members of the government have pointed out -- Rural Development Minister Jairam Ramesh and Chief Economic Advisor Kaushik Basu among them -- India cannot afford to delay increasing prices, given the ballooning subsidy bill.
PHOTOS: Biggest engineering companies in the world
Construction industry is witnessing a booming business in Africa and Asia.
IMAGE: 10 most searched cars in India
Almost every international car brand is willing to launch its products here.
|May 29, 2012|
|Jobs go vacant as talent SHORTAGE plagues India|
Globally, however, India's position is still better than other developed nations like Australia and Japan.
Million-dollar court cases is what he will inherit!
The largest German bank is facing numerous charges of defrauding its customers and contributing to the US housing market bubble by marketing complex mortgage and financial products that concealed the risks involved.
Democracy wriggling to get out of military grip
Now that democracy is creeping up on Myanmar, there are palpable changes. "Sixty five per cent of Myanmar is dependent on agriculture. We grow mostly paddy. Most of the land is owned by the state and you give a share of what you grow to the government, keeping the rest for your own consumption. But now, things are changing.
IMAGES: Once bustling, Detroit is now a ghost town
Detroit lost 25 per cent of its population in the first decade of the 21st century.
Facts that your insurance agent NEVER tells you
It is, thus, a good idea to get all your doubts clarified right from the beginning to avoid unpleasant surprises later.
Shop online for jewellery, get variety and discounts
As buyers become accustomed to the process of click-buy-pay, they are slowly shedding their inhibitions towards online shopping for jewellery items. These stores have expertise in solitaires, studded jewellery, gold bangles and coins (for special occasions like Akshaya Tritiya and Dhanteras).
Dreaming big: What TCS plans to do now
TCS is aiming to add another $10 billion to its turnover in the next five years or so. Which means, the company has to grow at a compounded annual growth rate of 15 per cent. Can TCS pull it off?
IMAGES: These are the world's 10 worst oil disasters
An oil spill is the release of a liquid petroleum hydrocarbon into the environment, especially marine areas, due to human activity, and is a form of pollution.
Meet the man who will step into Azim Premji's shoes
Since his low-key entry into Wipro five years ago, Rishad Premji is being carefully groomed to lead the company one day. on the man who could succeed Azim Premji.
AI's woes: What's PLAGUING the Maharajah
Air India's pilots have been hurting customers with their repeated strikes.
IMAGES: 15 cheapest diesel cars in India
While there is no solace for those who own petrol cars, let us look at the cheapest diesel cars available in India to help prospective buyers.
|May 28, 2012|
|Indian economy: Why CREATE ghosts where none exist?|
Now, we have to demonstrate self-confidence and take strong corrective and decisive measures.
IMAGES: 3 biggest hatchbacks rivals in India
From home bred cars to SUVs, vehicles made under collaboration or imported cars, automobile experts believe that small cars and hatchbacks are running the show in India.
Rumblings on Coffee Day Group's Amazon safari
Experts, political parties raise red flag over timber exports from there; Siddhartha denies any rule breach
Images: World's tallest free-standing tower
Japan's biggest new landmark, the Tokyo Skytree stands at 634 metres (2,080 feet) high.
IMAGES: Two Indian cities have busiest air routes
Number of people travelling between Asia and North America, and between Asia and Europe grew by nine per cent from 2010 to 2011.
Mobile handset companies bet on Indian app makers
There was nothing remarkable about what would have been just another popular game, except that it was developed in a tiny laboratory in Nagpur by an Indian gaming developer, Manthan Studios, not even two years into business at that time.
How to build debt portfolio in uncertain markets
Risk-averse investors can invest in fixed income products as these are giving good returns and are tax efficient.
Going for an insurance policy? Look beyond life, health
While these two are important, there are other risks such as loan repayment and retirement that you need to insure.
Most states now TAX petrol consumption more than Centre
After much persuasion by the UPA government in the aftermath of the petrol price hike, some Congress-ruled states made part-relaxations in taxes.
Why is the Indian economy in BIG TROUBLE? 10 reasons
The ugly underbelly of the policies of economic liberalisation followed over the last two decades has been crony capitalism at its worst.
Met predicts El Nino trouble for monsoon
Senior officials of the India Meteorological Department said they were now more confident that El Nino would indeed appear during the second half of the southwest season, compared to April when the last official forecast was made.
IPL on turning track, broadcast revenue down by a third
Multi-Screen Media (MSM), which runs the league's official broadcaster, SET Max, is likely to see a nearly 30 per cent drop in ad revenues this season, given the hard bargains most companies have driven.
GDP growth in FY 12 likely to disappoint
For the economy to grow by 6.9 per cent in 2011-12, GDP growth for the fourth quarter needs to be 6.9 per cent.
Traders go long on $-Rupee, short on Euro-Rupee
The rupee's slide was predictable in direction, if not in timing. It has been obvious for months that India was vulnerable to depreciation. A combination of European weakness and bearish FII attitudes were the triggers.
Markets HAVEN'T bottomed out yet, say leading players
Most pundits see room for a market correction in the light of domestic issues, especially the falling rupee and a lack of reforms, coupled with looming global uncertainties.
SPECIAL: India's economy is caught in a quagmire
Unlike in 2008, the pace of revival will be very modest.
Images: A CAR that missed its date with HISTORY
It was avant garde in terms of its styling.
|May 25, 2012|
|IN PIX: RIM launches BlackBerry Curve 9320 in India|
The new smartphone features all the core BlackBerry messaging and social-centric features that keep people connected and offers global 3G connectivity.
Kalam urges IITians to become job generators
"India has the potential to come out of this difficult situation because of its inherent strengths. The strengths are the purchasing power of 400 million middle class citizens and 600 million youth willing to take up challenging missions," Abdul Kalam said at the 14th convocation of IIT, Guwahati.
COLUMN: Pirate Party and Freedom
The Pirate Party is fighting to retain the right to privacy and the right to communicate freely via e-mail, telephone or letters.
'This is NOT the right time to hike petrol prices'
Government needs to rethink its over-dependency on imported petrol, and come up with ways to stabilise the Indian rupee.
Smaller cities are more prone to cyber attacks
Smaller cities in India run the risk of a cyber attack when compared to the bigger ones. A report released by Symantec Corp reveals that smaller and emerging cities such as Bhubaneshwar, Surat, Cochin, Jaipur, Vishakhapatnam and Indoreare increasingly facing the risk of cyber attacks, with 25 per cent of bot- infections in India reported in such cities.
How India, Myanmar bilateral trade can flourish
Myanmar is a member of the Asian Clearing Union and settlement of current account transactions including trade transactions are done through ACU.
Prem Watsa the Indian Warren Buffett goes shopping
V Prem Watsa, the India-born billionaire and promoter-chairman of Toronto-based Fairfax Financial Holdings, a $30-billion plus insurance and investment company, is often referred to as the "Canadian Buffett," a reference to the famous billionaire founder of Berkshire Hathaway, Warren Buffett.
IN PIX: India yet to get these AMAZING electric cars
Take a look at some amazing electric cars.
How to choose a non-resident account
Consider taxation and currency risks before choosing between NRI, NRO and FCNR accounts.
Air India's rich 'workmen'
At the heart of the national carrier's troubles are the archaic labour laws that allow pilots the same rights as industrial workers
Petrol price hike: Bollywood takes to Twitter
Bollywood celebrities took to Twitter to vent their ire over the steepest ever hike in petrol prices.
The RISE of the Indian small town
The performance in 2011 (Q4 over Q1), shows that the smaller Indian towns with a population of less than 1 lakh people, led an impressive growth story: 19 per cent in value terms versus 15 per cent in rural India and 12 per cent in the metros.
Burden on common man would be eased: Cong
UPA ally DMK also opposed the move and demanded withdrawal of the hike.
IMAGES: 14 most fuel efficient diesel cars in India
Another factor that works in favour of diesel cars is its 'full-size' mileage, which falls easy on wallet.
|May 24, 2012|
|Uttarakhand, Kerala cut petrol prices upto Rs 2/ltr|
Prices of crude oil are rising in international market and that India has to import 80 per cent of its crude oil consumption.
Re rebounds from life-time lows; back to 55-level
This marks a turnaround after rupee's 158-paise plunge in the last three sessions.
Bangladesh finds new oil reserves in Sylhet
The discovery has boosted morale of officials of the State-run Bangladesh Oil, Gas and Mineral Corporation (Petrobangla), the parent company of Bapex, who are hoping that other oil fields may be found in similar gas fields across the country.
How AI, Kingfisher crisis benefited Jet
The Centre for Asia-Pacific Aviation also expects India's airlines to post a combined loss of a whopping $1.4 billion, with Air India likely to be the 'worst performer' to report a loss of almost the entire amount of $1.3 billion.
HP to cut 27,000 jobs in two years to shore up earnings
"As part of the restructuring, HP expects approximately 27,000 employees to exit the company, or 8 per cent of its workforce as of October 31, 2011, by the end of fiscal year 2014," the company said in a statement.
'The govt has lost the moral right to rule'
As we spoke to people from various walks of life, they all conveyed their anguish over this 'unreasonable hike' and slammed the government for mismanaging the economy.
Who pays the highest and lowest for petrol in India
Petrol prices in India are amongst the highest in the world.
Higher oil prices or higher EMIs? Take your pick
A higher government borrowing will 'crowd-out' the private borrowing and push interest rates higher.
First test flight of Dreamliner for AI successful
A new Boeing 787 Dreamliner aircraft -- which is to be delivered to Air India -- has successfully completed its first test flight in South Carolina, the plane manufacturing company has said.
IMAGES: Former Yahoo CEO's amazing home on sale!
Former Yahoo! CEO Terry Semel is planning to sell his magnificent sea facing mansion in Malibu.
Despite stalled reforms, FDI inflows rise 34% in 2011-12
In 2011-12, FDI rose 34.4 per cent to $46.84 billion, compared with $34.84 billion in 2010-11 and $37.74 billion in 2009-10, according to data from the Department of Industrial Policy and Promotion.
Warren Buffet firm's Gujarat project hangs in balance
The fate of US $ 245-million (approx. Rs 1,356 crore at current exchange rates) chlorinated polyvinyl chloride (CPVC) unit, proposed to be set up through a joint venture between billionaire investor Warren Buffet's firm, Lubrizol Corporation and Ahmedabad-based Astral Poly Technik Ltd, is hanging in the balance as there is no progress on the project since the announcement was made in September last year.
Auto demand to be further skewed towards DIESEL
The domestic car market, which sees sales of almost one diesel car for every petrol car sold, will see demand for diesel-powered cars to hit the roof.
|May 23, 2012|
|Petrol price hike is 'unjust and unilateral': Mamata|
Banerjee, the chief of Trinamool Congress, the second major partner of UPA government, however, said her party would not topple the government.
This is what petrol will COST in the 4 metros
This is the steepest ever hike in rates.
Petrol price hike 'unreasonable': BJP
Petrol price hike will have a cascading effect and prices are going to go out of control.
COLUMN: The 'rights' and 'wrongs' of a controversial Bill
The Supreme Court denies the Copyright Board the power to grant temporary licences.
Japanese investors face land, infra hurdles in India
The report, to be released in Japan at the India-Japan Business Summit on the completion of 60 years of diplomatic relations, has termed infrastructure as the biggest bottleneck that has threatened the sustainability of India's economic growth.
Image: Top 30 most valuable global brands
The world's leading brands have continued to grow in value despite the current economic uncertainty, according to WPP company Millward Brown's annual BrandZ top 100 most valuable global brands study.
B-school faculty salaries also take a hit
At the Indian School of Business, Hyderabad, the depreciation of rupee is making it difficult for the institute to offer attractive salary to faculty members it recruits internationally.
COLUMN: What is India's real growth potential?
The nine per cent growth of United Progressive Alliance-I was an aberration.
Falling rupee spells fresh TROUBLE for airlines
Lease and maintenance rentals of aircraft, salaries to expatriate pilots, parking and landing rates at international airports and jet fuel prices are all dollar-denominated costs.
IMAGES: Stunning bridges in France
The Millau Viaduct is a cable-stayed road-bridge that spans the valley of the river Tarn near Millau in southern France.
India's airlines: Here are the best performers
India's air traffic continued to rise in April.
How India can curb the menace of black money
The true lesson of the White Paper should be that there are no quick fixes for what has been a major scourge of the Indian economy for several decades.
FII gains evaporate as dollar turns too hot for rupee
Several stocks cheaper in dollar terms now than in March 2009 when Sensex was below 9,000; FIIs in Coal India IPO stare at losses.
IMAGES of the world's tallest residential building
Towering over the Dubai Marina skyline at 414 metres from base to tip, Princess Tower has been recognised by the Guinness World Records as the world's tallest residential building.
Motorola CEO Sanjay Jha steps down
Jha, who revived Motorola's Mobile Devices business and led the company through this acquisition, has stepped down as CEO, although he will continue to work with Google to help ensure a smooth transition.
IMAGES: Fiat Punto and its 4 closest rivals
The Italian hot hatch with its high-end features along with powerful and refined engine choices poses serious challenge to premium car makers of India.
|May 22, 2012|
|Why your 'chai' is getting costlier|
Irregular rain, input cost pressure prompt price rises by some firms; others to follow.
'India to grow at 7.7% in 2013'
According to the Organisation for Economic Cooperation and Development's latest Economic Outlook, India's growth rate is likely to slow to 7.1 per cent in 2012 from 7.3 per cent in 2011, but would inch up to 7.7 per cent in 2013.
He sells jets to India's rich and famous
Nigel loves luxury. A big golf enthusiast he also likes to run, play squash and drive his classic sports cars.
IMAGES: Bumpy road ahead for the new Merc
Does the all-new Mercedes-Benz ML350 CDI, launched two days ago, get it spot on?
IN PIX: Meet 5 highest paid CEOs of the US
For the fifth year, the Wall Street Journal partnered with Hay Group, a global management consulting firm, on its annual survey of CEO Compensation.
A different war at Wagah, on the trade clamps
Business on both sides ready to move into a completely new era, as India and Pakistan begin freeing the genie, maybe, hopefully, irreversibly
Is US living on borrowed money? Its debt = $15 trillion
The United States public debt is the money borrowed by the federal government of the United States at any one time through the issue of securities by the Treasury and other federal government agencies.
COLUMN: It's not Greek, Mr Mukherjee
There hasn't been a single confidence boosting measure by the government in the recent years.
Premji says his son Rishad may succeed him eventually
An MBA from Harvard Business School with work experiences in global firms like Bain Consulting and GE, Rishad joined Wipro in July 2007 as a business manager in the banking and finance division.
Why is Nandan Nilekani talking about plumbing?
Government is tougher than the private sector -- but transformative, says UPA's highly visible ex-CEO.
Is Biocon GUILTY of accounting fraud?
Biotech company denies all charges.
IMAGES: How thieves steal crude oil in Nigeria
The underground industry is estimated to be worth hundreds of millions of dollars a year.
Images: World's 10 most popular metro systems
A rapid transit, underground, subway, elevated railway, metro or metropolitan railway system is an electric passenger railway in an urban area. They are either located underground or on elevated rails above street level. Across the world, metros are considered as cheapest and fastest mode of transport.
|May 21, 2012|
|SPECIAL: How does the external value of the rupee matter?|
The depreciating Indian rupee creates new opportunities.
Is it too early to judge Facebook's performace?
Founded in 2004, by Mark Zuckerberg, 28, the technology company, announced the pricing of its initial public offering of 421,233,615 shares of its common stock at a price to the public of $38 per share.
COLUMN: The exchange rate: economics bites back
After the presentation of the Union Budget in mid-March, the rupee has been again jittery and anaemic, dropping to an all-time low of 54.9 on May 18, raising serious concerns in both the media and Parliament.
US visa probe on Indian cos: Nasscom concerned
India's IT services industry body National Association for and Services Companies has expressed concern over recent probe by the US against some Indian companies, including country's second largest software exporter Infosys, on allegations of violating visa norms.
Images: World's top five IT outsourcing firms
Worldwide IT outsourcing (ITO) revenue totalled $246.6 billion in 2011, a 7.8 percent increase from 2010 revenue of $228.7 billion, according to Gartner, world's leading information technology research and advisory company.
SPECIAL: Unravelling the Greek tragedy
A debt overhang can last generations.
COLUMN: Why the rupee is likely to hit 60/UD$
The sharp and sudden fall in the exchange rate of the Indian currency in relation to the American greenback has taken many by surprise.
Joint property ownership isn't a hurdle to tax benefit
If property is purchased by one person, he/she will get the full tax exemption. If bought together, proportionate exemption is allowed
IMAGES: Dream limousines that you will love to own
Some stunning limousines that are sure to catch eyeballs.
Images: The Rs 7.36 lakh Fiat Grande Punto is here!
Fiat India has added a sports edition model to their hatchback model lineup.
Why Piramal Healthcare is like Berkshire Hathaway
Piramal is pragmatic when he says he's equally clear the conglomerate approach may not be beneficial in the long run. "It's not that we are married to the idea of having everything together permanently."
IMAGES: World's 10 most underrated cities
These cities have a unique charm complete with beautiful locales, history and culture. Yet, they tend to be overlooked by many travellers or are just considered as stopovers.
|May 19, 2012|
|Aditya Birla Group buys stake in Living Media India|
The Birlas have earlier forayed only in the entertainment business and in 2003 launched a movie and television software production company called Applause Entertainment, best known for producing Hindi movie Black, starring Amitabh Bachchan.
|May 18, 2012|
|Facebook lists on Nasdaq. Opens at $42.05/share|
Setting the stage for the much-awaited trading of Facebook, its founder Mark Zuckerberg on Friday rang the opening bell at the Nasdaq stock exchange. Zuckerberg rang the bell from the headquarters of Facebook in California.
Hewlett-Packard may slash 30,000 jobs
Hewlett-Packard plans to slash up to 30,000 jobs in the coming months, which would be one of the biggest layoffs in American corporate history, says a media report.
Cut spending: Pranab's recipe to stabilise economy
Government may slash spending on foreign travel by ministers and officials and on meetings in five-star hotels as part of austerity measures to cut down on budget deficit in view of the tight economic situation.
India Inc worried about fiscal woes, not Mamata govt
There were concerns among industrialists about direct land acquisition after the present government stated it would not acquire land anymore for industry.
Experts caution on Facebook IPO frenzy
As the shares of social networking giant Facebook begin trading on the NASDAQ exchange today, experts believe that the stock is overpriced at $38 apiece and one must wait for now to invest in the firm.
Column: Why the rupee is on a freefall
Rupee is well on its way to touching Rs 55 against the dollar.
Kingfisher owes to govt Rs 269 cr Income Tax
Kingfisher Airlines was found to have deducted tax at source on salary payments but had not deposited it in government account, Minister of State for Finance S S Palanimanickam said in a written reply.
'GOOD NEWS! India can grow at 8-9% for 20 years'
Addressing a high level debate on 'State of the World Economy and Finance in 2012' at the United Nations General Assembly in United Nations on Thursday, Ahluwalia said the Indian economy grew at an average rate of 9 per cent in the five years prior to the financial crisis of 2008.
IMAGES: Interesting glimpses from the world of Facebook
Facebook made history by launching one of the largest initial public offerings.
Will Facebook create wealth for investors?
Analysts worldwide are expecting that Facebook can list at a huge premium as the number of shares on offer is minuscule in comparison to the high level of investor interest. They are also expecting a closing price above $50 mark.
Vegetable prices push retail inflation to double digit
Vegetable prices recorded the maximum spurt in prices, up 24.55 per cent, followed by edible oils -- 17.63 per cent and milk products -- 14.94 per cent in April, year-on-year basis.
Will India skip the hypermart stage?
The need to modernise supply chains is pitted against visions of how big retail would devastate small shops.
Cambridge enterprise expert hails Indian 'jugaad'
A new book co-authored by three Indian-origin authors suggests that western companies can adopt the time-tested Indian concept of 'jugaad' -- a frugal and flexible approach to innovation -- to succeed in a world that is hyper-competitive and faces resource constraints.
IMAGES: Visit Vienna's first cat cafe!
After three years of negotiations with city officials over hygiene issues, Austria opened its first cat cafe.
Facebook's $104 bn IPO is among the world's largest
The shares would begin trading on the NASDAQ exchange on Thursday under the symbol 'FB'.
Silicon Valley companies that pay the HIGHEST salaries
Software engineers are one of the most highly paid employees.
Why GOLD is so precious: Interesting facts
Gold is one of the world's most sought after metals.
Rupee has FALLEN by over 202% vs US$ since 1990!
The value of rupee has fallen by over 300 per cent since 1990.
Greece's real threat to the euro zone
If Greece leaves, and its economy rebounds, the power of its example could split Europe
3G tariff war: Airtel cuts rates up to 70%
In an aggressive bid to improve the slow uptake of 3G services, the country's largest mobile operator, Bharti Airtel, on Thursday slashed tariffs in various plans by as much as 70 per cent across circles.
OMOs aid govt borrowing as RBI fights rupee slide
According to market participants, the OMOs have also come in handy at a time when the central bank is intervening in the foreign exchange market almost regularly to stem the sharp depreciation of the domestic currency.
IMAGES: 7 more cars that are coming soon to India
This year too carmakers are geared up to pump in some fresh blood to their existing cars to keep them in the fray.
'Re fall: Govt must act fast or economy will perish'
A day after closing at a record low of 54.50 against the dollar, the rupee on Thursday slid further to 54.60 intra-day as capital outflows continued but suspected Reserve Bank of India intervention cushioned against a steeper fall and it closed at 54.47.
Antilia is the only home that we have: Nita Ambani
The ultra-luxurious 400,000 sq feet Ambani mansion and its contents continue to fascinate people not only in India but also abroad.
|May 17, 2012|
|How employees are bleeding Air India dry|
The vigilance cases ranged from stealing liquor and caviar and flying for other airlines while on the rolls of the national carrier to inflated bills and making claims for bogus attendance.
Samsung launches interactive Smart TV in India
Samsung's new voice control, motion control and face recognition aims at advancing the user experience in a competitive TV market that values ease, convenience and choice.
Petrol price may be hiked by Rs 5, diesel by Rs 3
Fuel prices are likely to be hiked again after the Parliament's Budget session ends on May 22.
Why are all eyes on Pirojsha Godrej?
Hungry for deals, Godrej Properties plans to treble the number of project launches in the current financial year, from five launches in FY2012 to 15 in FY2013.
India's gold demand dips 29% to 207.6 tonne
India's first quarter gold demand decreased by 29 per cent in volume at 207.6 tonne, year-on-year, while it dipped by 3 per cent at Rs 56,650 crore (Rs 566.5 billion) in terms of value.
IMAGES: 15 countries with the highest oil reserves
Crude oil prices are expected to rise this year as Iranian oil sanctions will lead to a drop in oil supply.
Concept Investing: A new way to manage your portfolio
There are varied styles of picking stocks but these may not suit your investment profile. So, check before getting lured.
From boom to doom: BJP blames UPA for the economic crisis
The Bhartiya Janata Party (BJP) pulled up the government for a total policy failure, resulting in grave economic crisis.
Why Indian private equity is at the crossroads
The evolution of the PE market against the backdrop of the strong growth in the economy should translate into strong returns for investors.
BAD NEWS! FM signals tough measures, austerity coming
Informing the Parliament about this, Finance Minister Pranab Mukherjee, however, said the panic button should not be pressed.
Piramal Health buys US data firm for $635 mn
The cash-rich Piramal Healthcare has closed its second deal in the past month to strengthen its pharma research and development business. The company has said it would acquire the US-based Decision Resources Group (DRG) for a consideration of nearly $635 million (Rs 3,400 crore).
Oil firms BLOCK 3.8 million LPG connections
Oil marketing companies IndianOil, Bharat Petroleum and Hindustan Petroleum together blocked nearly 2.9 million LPG connections belonging to customers having more than one connection across states.
IMAGES: Ten countries that have the highest tax rates
Governments around the world are trying their best to achieve the right balance between the rise in overall net revenues, personal income tax rates and tax credits.
Maruti Swift or Ford Figo: Which to BUY?
India, also referred as a hub for small cars, has umpteen hatchbacks running on its roads.
|May 16, 2012|
|No need to panic over falling rupee: FM|
FM said the slide would be contained when there is certainty in eurozone recovery.
Are Indian MNCs ahead of the domestic economy?
The Indian School of Business, in co-operation with a Brazilian counterpart, has constructed a transnational index to rank Indian multinationals and thereby gain available insights.
Facebook raises IPO price range to $34-38
The move signals a strong demand from investors.
PHOTOS: World's largest swimming pool
Acknowledged by the Guinness World Records as the world's largest swimming pool, the lagoon measures 1,013 metres (3,323 ft)) in length.
IMAGES: The story behind the sparkling diamonds
When the salesperson starts explaining the 4Cs -- cut, clarity, carat and colour -- this alluring piece of stone becomes even more enchanting.
AI starts intl flights; pilots want govt to initiate talks
As the stir by the pilots entered the ninth day, the Airlines curtailed and clubbed many of its flights to the US and Europe to stabilise international operations.
Monsoon to keep date with India, hit Kerala on June 1
The southwest monsoon is likely to hit the Kerala coast around June 1, well within its normal date of arrival, the India Meteorological Department (IMD) said.
IMAGES: 20 BEST companies to work for
High salaries, great perks and a fantastic work environment make these companies an employee's dream destination.
SPECIAL: What are the implications of Facebook's IPO
There are considerable implications for corporate governance in the structure of the initial public offering of Facebook.
IMAGES: Renault Pulse petrol and its 3 closest rivals
The price of the car is quite tempting considering the fascinating features that this new petrol model sports.
There is more to Indian IT story, believes TCS head
"The opportunity that we have ahead of us is much more than what we have seen in the past," says Natarajan Chandrasekaran.
|May 15, 2012|
|IMAGES: The Rs 60 lakh Mercedes Benz M Class now in India|
Mercedes Benz India has introduced this M Class in two editions.
IMAGES: 30 stunning heritage trains of the world
We present in this slide show, 30 heritage railways from the pages of history.
Govt decides to cut Iran oil import by 11 per cent
Succumbing to the US pressure, India has decided to cut crude oil import from Iran by over 11 per cent this fiscal to 15.5 million tons.
AI cancels 10 intl flights; unions seek end to standoff
With a medical summary issued by the aviation ministry stating that most of the AI pilots, who called in sick, were neither found at home by doctors sent by the airline nor reported to doctors.
Infrastructure projects that will CHANGE the world
Some of the world's biggest and most expensive infrastructure projects are in China.
India's medicine man strikes again
To some -- especially western drug companies -- he is a 'pirate'. To others, mostly those in developing countries, he is an unparalleled hero. Either way, Yusuf Hamied, 75, is perhaps the most talked about man in pharmaceutical circles in the last decade.
IMAGES: 16 cars that will even make James Bond drool
So, this year from Ferrari, Lamborghini to Bentley, Land Rover and many other luxury cars have made a significant impact across every auto show that this year.
Future Generali Life shuts 55 branches, cuts staff
The downsizing is a direct fall-out of the slowdown in the business and the promoter's plan to sell stake in the life insurance business.
PHOTOS: Biggest revenue-generating companies
Manufacturing is one of the most important pillars of the world economy.
AI strike: Airfares on intl routes up by at least Rs 20K
Owing to a demand-supply mismatch, all the airlines are seeing an increase in revenues.
Moody's cuts RIL credit rating to NEGATIVE
Sequel to firm's announcement of cut in K-G gas reserves after long decline in output; agency says it expects decline in cash flows.
IMAGES: A real modern city where no one will live!
This will be a high tech city comprised of urban, suburban and rural environments and a mix of new and aging infrastructure.
|May 14, 2012|
|India to be among TOP 10 economic superpowers in 2013|
Next year, India will become one of the world's 10 biggest economies.
Highly polluting industry: Bengal tops the list
The survey was conducted in 88 major industrial clusters in the country.
ArcelorMittal Orbit: An architectural WONDER, and more
An amazing architectural masterpiece, 'ArcelorMittal Orbit' is a 115 metres (377 ft) high observation tower in the Olympic Park in Stratford, London.
COLUMN: Why drought reigns eternal in India
Each year, first we have crippling droughts between December and June, and then devastating floods in the next few months.
Three senior executives at JP Morgan may quit: Report
Three senior executive of JP Morgan Chase & Co's are expected to leave over the US-based global banking giant's over USD 2 billion loss on derivative trades, says a media report.
IMAGES: 5 top selling hatchbacks in India
While sales of hatchbacks were quite impressive in February and March, the burden of excise duty had its toll, and in April, the figures were quite subdued.
SPECIAL: Indian economy will perish without reforms
India's political leadership needs to demonstrate persuasively that economic reforms are on track
Inflation rises to 7.23 per cent in April
Inflation moved up to 7.23 per cent in April on account of spurt in prices of vegetables, meat, milk and pulses, although onion and fruits showed a declining trend.
How Tata Croma plans to make it big
Tata Group's Croma, which launched its e-retail store last month, is reworking its backend to secure its early mover advantage
PHOTOS: Biggest pharmaceutical companies in the world
Pharmaceutical industries is one of the biggest businesses in the world.
Fab five sectors salvage India Inc's bottom line
An analysis of 989 companies that account for 52 per cent of the total market capitalisation on the Bombay Stock Exchange shows net profit growth of 2.7 per cent over the previous year was reported mainly due to strong profit numbers registered by players in banking, cement, information technology, pharmaceuticals and fast moving consumer goods.
INFOSYS top management SALARY bill crosses $10 mn
This marks an increase of about 50% from previous year.
|May 11, 2012|
|IMAGES: The Rs 4.25 lakh Renault Pulse petrol launched|
The company is offering a total of 3 trims of this petrol variant along with the RXE trim; the other two trims are RXL and the top end RXZ.
IIP disappointing, weak sentiments hinder recovery: FM
Factory output, as measured by the Index of Industrial Production, contracted in March to a five-year low of 3.5 per cent.
Have foreign assets? Get ready to detail these
The new I-T return forms make things more complex. Even trustees or nominees are in for a tough time.
PHOTOS: Beauty of Mercedes-Benz
Mercedes-Benz is one of the most iconic brands in the world.
Airlines warned against hiking fares beyond their band
The DGCA order came in the wake of members of the Parliament raising the issue in Parliament on Thursday and asking the government to act.
2G: Apex court to hear Presidential Reference from July 10
The Reference has asked the court for its view whether the verdict in the 2G case be given retrospective effect for radio waves granted since 1994.
US economy getting stronger: Obama
Claiming that the US economy is getting stronger, President Barack Obama, has said it is time that businesses move back their manufacturing from China, as he hit's the campaign trail this week.
Industrial production dips by 3.5% in March
The industrial production has been dismal at 2.8 per cent in 2011-12 as compared to 8.2 per cent in previous fiscal.
JPMorgan loses $2bn after bet goes wrong
JPMorgan Chase took the market by surprise on Thursday after it announced a $2 billion trading loss.
Kingfisher pilots call off strike
Pilots have been protesting since Thursday against non-payment of their due salary.
SC refuses to entertain AI's plea, strike continues
The ongoing Air India crisis deepens further as it enters the fourth day on Friday and there seems to be no respite as the situation is turning from bad to worse.
Poverty falls in Orissa, rises in Delhi
Among the major states, Orissa recorded the steepest fall in poverty from 2004-05 to 2009-10.
PHOTOS: Largest hotels in the world
There are some hotels that are so big that they can easily accomodate a small town.
A trip across the world's LONGEST railway tunnel
The daunting excavation work to build the world's longest railway tunnel beneath the Swiss Alps is complete.
IMAGES: America's 20 largest corporate giants
Oil giant Exxon Mobil beat Wal-Mart Stores to become America's largest corporation.
PHOTOS: New electric car hits the road
Fisker Automotive is an American car company, founded in 2007.
|May 10, 2012|
|STUNNING pix of new TAG Heuer Carrera Monaco|
TAG Heuer launched Carrera Monaco Grand Prix Limited Edition Chronograph in Mumbai on May 10.
COLUMN: Celebrating water traditions
The main reasons for water scarcity are wastage, pollution and unsustainable management.
Reliance buys stake in HDFC, ICICI Bank and Axis Bank
Awaiting regulatory approvals for its foray into financial services sector, Mukesh Ambani-led Reliance Industries has acquired shares in giants like HDFC, ICICI Bank and Axis Bank as part of long-term 'investments'.
IIT alumnus named new chancellor of California varsity
Pradeep K Khosla, dean of Carnegie Mellon University's College of Engineering, also known as the Carnegie Institute of Technology, has been selected as the eighth chancellor of the University of California, San Diego.
PHOTOS: Most powerful cities in the world
World's top 100 metros generate roughly half of the globe's total economic output.
Kingfisher pilots report sick, Delhi flights hit
A section of Kingfisher pilots have reported sick in protest against non-payment of salaries.
IMAGES: Amazing inventions from Chinese farmers!
Chinese farmers are at their inventive best.
Planning a holiday this summer? Travel closer to home
With the rupee down over 20 per cent against the dollar in one year, one could go to countries where the currency is not suffering as badly.
AI stops bookings for US, Europe, 9 more pilots sacked
Over 20 Air India flights were cancelled on Thursday from Delhi and Mumbai as the agitation by the protesting pilots entered the third day.
Slowdown hits campus placements
Placement season drags on as B-schools find it difficult to place students despite making changes in their policies
Rupee gets euro zone jolt, hits all-time low
RBI intervention fails to arrest decline, experts feel govt must get house in order to weather shocks.
PHOTOS: 20 Indian companies that are most 'global'
Transnational companies accounted for a quarter of the world's GDP1 in 2010.
PHOTOS: Top shopping streets in the world
There are many shopping streets in the world, but only few have everything.
Volkswagen Beetle: A DELIGHT for car lovers
Born in 1938, the Volkwagen Beetle is still a rage among car lovers.
Infosys STIFFENS whistleblower policy
Gives more reporting options to staffers who wish to flag a wrong practice; sequel to changes required from US law, experience.
Maruti HIKES prices of new Swift Dzire
Based on the new Swift hatch, 2012 Dzire is selling like pancakes.
How to buy properties in foreign countries? GREAT tips
More and more Indians are opting for offshore properties as a second home in exotic locations.
|May 09, 2012|
|AI strike enters 2nd day: Passengers hit hard|
While the government continues to grapple with 150 errant Air India pilots who have refused to fly for the second day, stranded passengers are left wondering what to do next
Work-life balance? Indians are happier!
According to the workplace provider Regus' job satisfaction indicator -- Work-Life Balance Index -- the country has scored 139 points in 2012, a 15 per cent rise from 2010.
No hike for 4 years, Mukesh's salary remains Rs 15 cr
However, RIL's total outgo towards remuneration to its all top management personnel, as also the sitting fees and commissions for its non-executive directors, increased during the fiscal year ended March 31, 2012.
IMAGES: 5 Indian companies lead in global race
Indian companies, like their Western counterparts, are becoming more global with mergers and acquisitions.
Why RBI has little room to cut interest rates
To balance growth and inflation, tax reforms such as GST and investments in increasing food productivity are vital
Here's what Murthy panel plans for higher education
The panel's report could be considered while framing the final document for the 12th five-year Plan.
Report card: How India's top 4 IT companies performed
TCS delivered the best all-round performance, while Infosys and Wipro were dragged down by problems plaguing their restructuring initiatives.
Road still potholed for infrastructure firms
With another rate cut unlikely to happen soon, coupled with a muted order inflow trend, investors should tread with caution.
Are FM's changes to the Budget necessary?
It has become clear that many things were wrong with the taxation proposals made in the 2012-13 Budget. In attempting to fix the fiscal deficit, the government decided it was necessary to increase the tax base.
Why Infosys employees are unhappy
There is a surge in number exploring a change at middle and senior levels; recruitment agencies cite restiveness on pay, work patterns.
SHOCKER! Fuel price may rise again in June
Price hikes of controlled petroleum products such as diesel, cooking gas and kerosene have been happening annually in the month of June, irrespective of the companies' losses.
Ready for talks, but pilots must withdraw strike: Govt
Three international flights of Air India were cancelled from here and Mumbai as the agitation by a section of pilots entered the second day on Wednesday.
What the UPA govt can learn from Mumbai's B.E.S.T
Bad economics does not always mean good politics. Its time UPA woke up to that.
Photos: Google gets licence for self-driving car in US
Google, known more for its search engine and e-mail service, has bagged the first licence in the US to test self-driving cars along busy public roads in Nevada.
IMAGES: Maruti Ertiga and its 3 closest rivals
Maruti Suzuki has tried its level best to fit Ertiga with powerful engine options, impressive features and 'killer looks'.
PHOTOS: Amazing electric cars set to hit the roads
Future of electric cars looks bright.
IMAGES: Biggest electricity companies in India
Electricity sector in India had an installed capacity of 199.6 Gigawatt as of March 2012.
|May 08, 2012|
|Excise duty on diesel cars may be hiked|
The Ministry of Petroleum and Natural Gas is demanding an increase in excise duty on diesel cars with a view to discouraging consumption of subsidised fuel by personal vehicle owners.
Cognizant lowers its revenue guidance on 'slow demand'
Information technology services company Cognizant Technology Solutions on Monday met its revenue guidance given for the quarter ended March 30 and projected its April-June revenues to cross those of Infosys, something long anticipated in industry circles.
India, Pakistan to relax norms for businessmen
India and Pakistan are expected to sign a revised visa agreement making liberalised provisions for businessmen when the Home and Interior Secretaries of the two countries meet for talks in Islamabad later this month, Indian High Commissioner Sharat Sabharwal said.
IN PIX: Will Audi Q3 manage to beat BMW X1?
After being crowned the second best car company in the luxury segment in India, Audi is ambitious to rule the Indian luxury car segment by the year 2015.
Amazing attraction: A house built upside down!
Polish architects Glowacki and Rozanski have built a house upside down in Austria to attract tourists.
PHOTOS: Most expensive projects in the world
World has seen many mega-projects, but not all have turned out as planned.
PHOTOS: Underwater hotel planned in Dubai
Dubai has some of the best hotels in the world.
Good News: Jewellers to cut making charges by 25 per cent
Set to begin next week, the first of its kind uniform discount offer from all jewellers across the country, would be valid for 10 days nationwide.
Glimpses of amazing futuristic vehicles, gadgets
Take a look at some of the most amazing vehicles and gadgets.
India reduced import of Iranian oil in the last 4 years
In the last four years, India has significantly reduced its import of Iranian oil by volume from 16 per cent in 2008 to 10 per cent now, a US Congressional report has said.
How to get the best of debt instruments
For risk-averse investors, there is a choice of a wide range of debt products. Each of the products has its own utility, depending on your goal and investment horizon.
AI strike: 10 agitating pilots sacked, union de-recognised
Four Air India international flights were cancelled from Delhi and Mumbai today after about 100 pilots refused to join work.
Golden TIPS on how best to take care of your car
Proper functioning of the engine is obviously very important for the overall health of the car.
TCS, Infy, Wipro among world's most valuable IT brands
Brand Finance assesses the dollar value of the reputation, image and intellectual property of the world's leading companies.
IMAGES: Biggest natural gas fields in the world
Natural gas is found in deep underground natural rock formations or associated with other hydrocarbon reservoirs.
|May 07, 2012|
|India Inc holds on to its cash|
10 Indian companies are holding as much as Rs 2.34 lakh crore (Rs 2.34 trillion).
Delay in reforms inevitable in a coalition: FM
Exudes confidence that RBI's rate cut move will revive investments and business sentiment; India to get $6.25-bn ADB assistance over three years
Special: How to make NGOs successful
The first is the orchestrated approach to organizing the NGO and the second is like improvisation at every step.
Private bankers put their money on 'middle India'
Take their credit card business to sub-Tier-II cities to tap latent demand
PHOTOS: India among biggest buyers of land
The increase in the price of agricultural commodities was accompanied by a rise in media reports of huge transnational farmland acquisitions.
How best to plan your finances while travelling
You will have to plan it in advance to bag good deals and save at the same time
IMAGES: World's 12 TALLEST buildings
Dubai's Burj Khalifa is currently the tallest building in the world.
Tatas among TOP 5 leadership firms in Asia
In the annual Best Companies for Leadership Study by the global HR consulting firm, the Tata group shared the limelight with other global companies like Procter & Gamble, IBM, Coca-Cola and Unilever.
Smaller cities may find place in air map
A fund, Essential Air Services Fund or EASF, will be created for paying the subsidy.
Cut down Iranian oil purchases: Hillary to India
US Secretary of State Hillary Clinton on Monday urged India to do "even more" to cut its purchases of oil from sanctions-hit Iran to keep pressure on that country to o prove its nuclear programme is peaceful.
How Uttarakhand is different from Himachal Pradesh
"Look at Uttarakh#8743 there the government first developed land and then called industry." Rawat's sentiment finds echo across Himachal. "In Uttarakhand, the development was much more planned," says C N Dhar, senior vice-president, Indo Farm Equipment.
PHOTOS: A look at some of the hottest cars
This year's Beijing Auto Show attracted the biggest and best car manufacturers from around the world.
Panel rejects Bihar's demand for special category status
The panel, under the supervision of the Planning Commission, also turned down the demand for area-based fiscal concessions for Bihar on the grounds that it was not consistent with the proposed reform measures under the Direct Taxes Code and Goods and Services Tax.
SPECIAL: Is India's growth story going awry?
The cumulative impact of flagging investments that set in during 2011-12 has taken the shine off the India growth story.
Ford's India story: Successes and challenges
Ford's India boss, shares that the success of the Indian market so far has also come with its share of challenges.
How Siemens is learning to be 'smart'
From X-ray machines to circuit breakers and airport conveyor belts, from signaling systems to switch gears and foetal heart beat monitors - a portfolio of low cost, locally made, no-frills products is helping Siemens reinvent itself.
Bears take charge as key support levels break
Clarity on GAAR, IIP data & rupee movement to guide investors.
|May 04, 2012|
|Facebook IPO: Mark Zuckerberg to become RICHER|
Facebook Inc's initial public offering will vastly increase the wealth of its 27-year-old co-founder Mark Zuckerberg, leaving him with over $ 1 billion in cash and stocks worth $17.6 billion.
Huge investment scope in India; $1-tn in 5 years: FM
Offering "huge scope" for foreign investments, Finance Minister Pranab Mukherjee on Friday said India needs about $1 trillion in next five years for infrastructure development, half of which has to come from the private sector.
Sensex dips below 17k after 4 months
The rupee slid as low as 53.84 per dollar, the weakest since December 15, lifting the cost of imported oil, fueling inflation and reduce scope to cut interest rates.
Nine Indian Americans in Forbes 'Midas 100'
Nine Indian Americans have made it to the list of 100 dealmakers with "Midas Touch" compiled by the Forbes Magazine.
Narayana Hrudayalaya plans low cost heart hospitals
Bangalore-based Narayana Hrudayalaya Hospitals (NHH) which is setting up Rs 600 crore Health City in Bangalore, announced that they plan to build low-cost heart hospitals across India with collective capacity of 30,000 beds in the next 5-7 years time.
Railways need Rs 15,460 cr to complete 918 projects
Minister of State for Railways Bharatsinh Solanki said during Question Hour that against the demand of about Rs 47,000 crore (Rs 470 billion), the gross budgetary support for 2012-13 is only Rs 24,000 crore (Rs 240 billion).
Is the euro going down?
Ever since the European sovereign debt crisis first came into sharp focus in late 2009, talk about "the end of the euro" has been going on and off.
PHOTOS: New engines to power supercars
New car unveilings aren't the only happening thing that happened at the Beijing Auto Show.
How mobile phones are helping farmers in India
Ossian Agro Automation Private Limited, a Pune-based manufacturer of rural wireless automation systems, is in dialogue with Nokia to offer 'Nano Ganesh', a product which allows farmers to use mobile phones to remotely monitor and switch on or off their irrigation pumps, bundled with the Finnish company's handsets.
PHOTOS: When will these 7 stunning cars come to India?
China's annual automotive event, Auto China 2012, saw a record numbervisitors.
Facebook sets IPO price range at $28 to $35
On Thursday, all eyes were on Facebook, as it announced a proposed price range of $28 to $35 per share for its initial public offering.
Fall in output: Penalty on RIL hiked to $1.46 billion
The ministry had previously wanted to disallow $1.235 billion expenditure that RIL had incurred on putting production facilities at the Bay of Bengal gas fields but in the 7-page notice it sent to the company on May 2, the cost to be disallowed was put at $1.462 billion, sources privy to the development said.
Kingfisher in talks with tenants to avoid eviction
The airlines sources confirmed the development and said the management is negotiating with the developers to resolve the deadlock.
PHOTOS: Stunning bridges of Switzerland
Switzerland has some of the world's most remarkable transport infrastructure.
Debt: West Bengal facing Greece-like tragedy
Experts say moratorium on interest not a solution, debt needs to be restructured; state must look for avenues to increase revenue and curtail expenditure.
$80,000 fine slapped on Air India
This is the first penalty assessed for a violation of the department's new airline consumer rules that took effect last August.
PHOTOS: World's 20 safest banks
Bank stability is an ever-more pressing concern for the world's corporations and investors says Global Finance, while announcing the half-yearly update of its ranking of the world's 50 safest banks.
60% of rural India lives on less than Rs 35 per day
According to the 66th round of National Sample Survey carried out between July 2009 and June 2010, all India average monthly per capita consumer expenditure in rural areas was Rs 1,054 and urban areas Rs 1,984.
PHOTOS: Biggest telecom companies in the world
Telecommunication is one of the fastest-growing industries in the world.
IMAGES: 6 swanky cars that will be in India by 2014
Quite a few international players also have ambitious plans for the Indian roads.
|May 03, 2012|
|'Possibility of a normal monsoon is less than half'|
Commission for Agriculture Costs and Prices cairman Ashok Gulati tells Business Standard that IMD's prediction should be taken with a pinch of salt, as data shows there is usually a deviation of eight-10 per cent from the standard margin of error in many met predictions.
Gold at life-time high of Rs 29,695
Gold prices on Thursday rose to all-time high of Rs 29,695 per 10 grams in the billion market here as investors shifted funds from melting equity markets to the precious metal, considered as a safe-haven investment.
IMAGES: The new Audi A4 is priced at Rs 27.33 lakh
The sedan is offered in both petrol and diesel variants with their iconic Quattro option.
JLR to build new Jaguar F-type sports car
According to The Telegraph, JLR intends to invest around 200 million pounds on expanding the facility by 50 per cent.
Investments from GCC to India remain negligible: Report
Investments from the Gulf Cooperation Council (GCC) countries to India remain negligible relative to trade flows and represent just a small percentage of total FDI from the region to the world, says a report.
Harvard, MIT launch initiative to offer free online courses
The new online education platform 'EdX' would be overseen by a Cambridge-based not-for-profit organization and be owned and governed equally by the two universities.
PHOTOS: The smallest car in the world
There is a company that became famous for producing the smallest car in the world.
Photos: Indian states with the largest highway network
India has the second largest road network in the world, stretching across a distance of 33 lakh kilometres.
Despite a gloomy economy, consumers are still spending
There is much gloom about macroeconomic fundamentals. Yet consumer sentiment seems to contradict any sense that the India story is stuttering.
PHOTOS: Youngest Indian CEO in US shares his story
Sahil Lavingia had already created dozen of apps by the age 16, says .
What is thwarting the growth in the country?
The speed at which political statements of doubtful veracity acquire the aura of gospel truth is astonishing. One such "truth" is: coalition compulsions impede economic reforms. Even Chief Economic Advisor Kaushik Basu believes in it. He recently said, "Thanks to coalitional democracy, there is some slowdown in economic reforms and decision-making."
Why this year will be crucial for global economy
Meanwhile, an ADB report presented at the seminar said this year could prove crucial for the global economy as financial tensions in Europe could escalate further and there remains concern over fledgling economic recovery in the US.
How the new policy will affect telecom sector
The 2G judgment and Trai spectrum pricing have led to a policy that makes sense for only one survivor.
Bharti Airtel: All's well that ends well?
Total network minutes rise 5% q-o-q but revenue per minute down 1.9%
Murdoch's lessons for India's state and media
Would-be Indian Murdochs should take note: they will likely not be allowed Mr Murdoch's four decades. And the Indian state may not be as restrained in response as the British state has been.
Amazing IMAGES reveal the cost of global warming
Global warming is the rising average temperature of Earth's atmosphere and oceans since the late 19th century.
Images: Satyam ready to take on big boys of IT
Union of scam-tainted Satyam and telecom-focused Tech Mahindra has produced a fitter company.
|May 02, 2012|
|TCS overtakes RIL as India's most valued firm|
Tata group firm TCS on Wednesday replaced Mukesh Ambani-led Reliance Industries as the country's most valued company in terms of market capitalisation, as investors rallied behind the shares of the IT giant.
'HUL's strategy is to build great brands'
Hindustan Unilever reported good numbers for the fourth quarter and for 2011-12, despite commodity inflation and currency fluctuations.
What is the new normal for growth?
The RBI has benchmarked trend growth at 7.5 per cent. That means India's potential has declined.
Why India, China are next destination for talent
Multinational companies are ramping up in new markets on a scale that is incredible and presents opportunities for Westerners looking for jobs in India and China.
It's time for government to get real on reforms
The government has to make up its mind. Mere articulation of a desire to take tough measures is not enough. It needs to implement those measures and prevent the adverse consequences of a higher fiscal deficit.
Photos: World's top 14 technology companies
Apple Inc tops the Forbes list of world's top technology companies.
Is S&P's negative outlook justified?
The outlook cut is based on a weak premise since the economy is expected to rebound this fiscal but a wake-up call was needed.
PHOTOS: Japan Airlines brings Dreamliner to India
Japan Airlines has become the first airline to launch Dreamliner Boeing 787 flights to India.
Indian cos stepped up US hiring during recession: CII
Over 70 per cent of these companies have increased staff since 2005, and expect to create another 3,400 jobs this year.
A look at India's top performing states
An assessment of how different states performed in the seven-year period from 2004-05 to 2010-11 brings out interesting nuggets of information that seem to challenge the conventional wisdom on which states are growing fast and which are laggard.
More trouble for Adidas
Former company MD likely to file a legal notice against his former employers
Column: Almost nothing is right with Obama and America
The growing weakness of the US economy means re-election is getting tougher for Barack Obama.
Exports fall for the first time since 2009
Exports dropped 5.7 per cent to $28.6 billion from the same period a year earlier.
White-collar strike hits outsourcing company WNS
The strike has been on for four days at the Nashik centre of the business process outsourcing company, which has a headcount of 23,874.
IMAGES: Maruti plans to launch 5 more new cars
Maruti India started year 2012 with a bang and launched 5 cars, and promises to launch five more this year.
SPECIAL: Air India's last chance for a take-off
Promises of a turnaround have been made before to little effect, so it's natural to feel a flood of scepticism at such proclamations.
Uninor moves SC on Trai's auction proposals
Says recommendations not in line with court order; move follows Telenor threat to quit India.
IMAGES: It's a plane with a difference
In October 2005, EVA Air launched a campaign with Japanese company Sanrio to create the "Hello Kitty Jet," featuring the popular Japanese character.
|April 30, 2012|
|TCS becomes India's 2nd most valued company|
The market capitalisation of a listed company corresponds to the cumulative market price of all its shares.
PHOTOS: Two Indians among richest Britons
It's no secret that Indians the world over are making their mark in various fields.
240 million Indians suffer from poor quality of life
The gap between the haves and have-nots may actually be widening, the survey said, releasing the results of its recent opinion poll in which nearly three-fourths or 73 per cent of the respondents perceived corruption as being widespread in the government.
How Chidambaram plans to tackle cyber crime
Chidambaram said dimensions of security problem increased manifold in the online space and 'we have to build lawful interception capabilities'.
Advani's take on India's weaknesses and difficulties
Bhartiya Janata Party patriarch Lal Krishna Advani has picked up for his blog this week a new book by the US-based Morgan Stanley executive Ruchir Sharma that identifies "graft driven inflation" and "crony capitalism" among the weaknesses and difficulties that can be a damper for India's high expectations.
PHOTOS: World's 20 youngest billionaires
Mark Elliot Zuckerberg is known for co-founding the social networking site Facebook.
Spectrum shifting means Rs 10,000-cr burden: Vodafone
The government has in-principle approved refarming (shifting) of spectrum and was waiting for Telecom Regulatory Authority of India's recommendations in this regard to start the process and formalise it as part of the new telecom policy.
COLUMN: Mirage of local empowerment
Poverty, unemployment and inequality are not problems that communities can solve on their own.
Where is the Indian economy heading? Ganesha speaks
Ganesha analyses the chart of Taurus rising Ascendant with Krutika Constellation. Rahu is in conjunct with the degrees of Ascendant. Mars is posited in second house whereas Jupiter is in Sixth house. Ganesha observes a stellium of six planets in third house.
Mamata's makeover plans for Bengal transport
To put in place an effective and economically vibrant transport system by this September, the West Bengal government is contemplating voluntary retirement scheme to shed out willing and physically unfit employees.
Whatever may happen in politics, India will grow: Mittal
The second richest Indian said he felt bad about the delays his projects faced in India.
SPECIAL: The curious case of rising prices
Our economic climate since the spring of 2007, when foodgrain prices started their journey northwards, has created an imbalance in market power between buyers and sellers, to the great disadvantage of the former.
The STUNNING i-Gen i20: On the fast lane
The new line-up will be supported by a 360-degree marketing campaign touting 'I live the uber life'.
Why Met dept's monsoon forecast goes haywire
The IMD projects total rainfall in the June-September monsoon season as being 99 per cent of the long-period average.
PHOTOS: Cars world's richest people drive
Many ultra-rich people drive small and inexpensive cars.
Parting shots: The hostile exit letter as an art form
Every parting shot needs a 'so what?' Once the author has seized the attention of a reader with grief and loathing, one can press for action: change the direction of the enterprise.
EGoM given sweeping powers on 2G auction
PMO to have direct say in decision-making through MoS Narayanasamy.
Maruti Suzuki to effect cost cuts to boost margins
As part of this cost-cutting exercise, the company has initiated measures to step up localisation levels and to pare the number of tier-I suppliers over the next two-three years.
M-cap of top 7 firms dips Rs 28,760 cr, SBI biggest loser
Coal India's value dropped Rs 7,200 crore to Rs 2,21,799 crore, becoming the second biggest loser in the list
Why you must be wary of PSU stocks
The entire basket is likely to suffer for sometime and offer lucrative short positions.
|April 28, 2012|
|We are very POSITIVE on India: Piaggio chairman|
The economic squeeze may be getting tighter in the euro zone -- and more so in Italy apart from Greece and Spain -- with every passing day. But that has in no way deterred group Chairman and CEO of Piaggio & C. S.p.A Roberto Colaninno or affected his investment plans for India.
|April 27, 2012|
|Vested interests sucked life out of Air India: Par panel|
Two parliamentary panels have castigated the government over the precarious health of Air India, with one of them saying "unscrupulous and vested interests" had worked overtime to "suck the life out" of the national carrier.
DLF unlikely to continue with IPL title sponsorship
With the slump in real estate market and television ratings, DLF, the country's largest real estate developer, is unlikely to continue with the title sponsorship of the Indian Premier League, according to sources close to the development.
Lufthansa introduces its Boeing 747-8 in India
India is the first Asian country where Lufthansa will deploy its latest fleet member the B747-800.
How Wipro is gaining from a revamp
This is evident in the firm's client addition and mining abilities, and also in its ability to stabilise employee attrition.
IMAGES: Ford EcoSport set to hit Indian roads soon
These days the talk of the globe is Ford EcoSport.
Will do everything to bail out Bengal: PM
A day after they placed their demands before Finance Minister Pranab Mukherjee, including restructuring of the 'massive debt burden' faced by the state, a delegation of Trinamool MPs met the Prime Minister to raise the issue.
First Look: Mumbai-Ahmedabad AC double-decker train
Commuters will soon enjoy the experience of travelling by a double-decker airconditioned train between Mumbai and Ahmedabad.
PHOTOS: The quest for gold in Mongolia
Mongolia remains the least densely populated country on the planet at 1.7 persons per square kilometres.
Reforms were easier to do in 1989: Commerce Secretary
India's merchandise exports crossed the government's target of $300 billion in the last fiscal and reached $303.7 billion. But according to Commerce Secretary Rahul Khullar, the present fiscal is going to be tougher.
India-Pakistan trade ties leapfrog
Saturday would mark the completion of a year of history being made in India-Pakistan trade relations.
IMAGES: Hottest real estate markets in the world
It is expected that the global real estate market will see some major improvements in the latter half of the year.
Kaushik Basu: Right man, wrong job?
Kaushik Basu became a headline hogger recently, but for what he says are all the wrong reasons.
Why Indian Railways' finances are in a mess
Seeking more funds, Railway Minister Mukul Roy requested Prime Minister Manmohan Singh and Finance Minister Pranab Mukherjee to provide additional allocation to meet the rising demands of the Railways to achieve efficiency and provide more safety.
15 most desired destinations for emigrants
22 million Chinese and 10 million Indians are eager to move to America permanently.
PHOTOS: Lamborghini CEO on a speed mission in India
The German-born, Italy-raised paratrooper-turned-automobile poster boy embodies Lamborghini's raging bull image.
Why RBI thinks India's financial system is strong
RBI Deputy Governor K C Chakrabarty said the central bank will come out in June with its next financial stability report, which showcases the country's financial strength, and
PHOTOS: Longest train journeys in the world
Train journeys are almost always a memorable experience.
|April 26, 2012|
|Will S&P's outlook downgrade spur reforms?|
The announcement by Standard & Poor's (S&P) on Wednesday to cut its outlook for India from stable to negative should cause no surprise, even though it comes barely five days after a similar exercise by Moody's, which had retained its outlook on India as stable.
Black money: 8 overseas I-T units to open soon
The Income Tax officials, having a tenure of three years, will function from the Indian Missions in Washington DC (the US), London (the UK), Berlin (Germany), Paris (France), The Hague (Netherlands), Abu Dhabi (the UAE), Cyprus (Nicosia) and Japan (Tokyo).
Will Tata Motors' outperformance sustain?
Tata Motors has seen strong upgrades in volume, top line and profit estimates, after reporting an unexpectedly superlative quarterly global volume performance for Jaguar Land Rover (JLR). It was led by strong demand for the Evoque SUV from the Land Rover stable.
How they make gold out of dust
About 5,000-6,000 people are dealing in gold dust in West Bengal for months along the Ganges in and around Shibpur area of Howrah district without any licence whatsoever.
Now, get your insurance policy online
A month down the line, you may be holding insurance policies in electronic form. According to sector experts, the regulator is in the last lap of checking repositories' preparedness and infrastructure, and is likely to allot licences by May-end or early June.
SHOCKING: 345% rise in Delhi airport charges
DIAL allowed to charge user development fee from both departing and arriving passengers
Kolkata may soon get cafeteria trams
The plan, being put together by the transport and tourism departments, could just be a shot in the arm for the cash-strapped CTC.
PHOTOS: Made-in-India Google Drive to roam Internet
Google's engineering teams in Bangalore and Hyderabad have built it.
Lawmakers praise Indian cos for boosting US economy
In a rare show of solidarity, more than 20 top American lawmakers turned up for a Capitol Hill reception organised by the Confederation of Indian Industry.
PHOTOS: Demand for seats in lower rung B-schools to drop
Industry fears 1,00,000 management seats out of 3,50,000 to remain vacant this year.
Weak govt biggest drag on India's growth: Moody's
It has blamed lack of political will for the slow reform process.
People in slums? Here's a new deal
A third of urban India and half of some metros live in slums.
S&P cuts rating outlook of SBI, ICICI, HDFC Bank
India's top 10 banks, including the SBI, ICICI Bank and HDFC Bank suffered a collateral damage following the Standard and Poor's lowering the country's sovereign rating outlook.
PHOTOS: 3 cities in India among fastest growing
About 52 per cent of the world's population currently live in urban areas.
|April 25, 2012|
|Biggest deal: Citi buys Mumbai office space for Rs 985 cr|
Global banking major Citigroup has stuck the biggest property deal in recent years in the country by paying a hefty Rs 985 crore (Rs 9.85 billion) for six floors in the upcoming First International Financial Centre (FIFC) Tower at the coveted Bandra-Kurla Complex, to house its country headquarters.
Food inflation rises, no relief for next 6 months
Experts said onion prices, which are seeing deflation, are also headed to high-inflation territory in the coming months.
Sinking story: Air India incurs Rs 7,853 cr loss
The government said losses made by national carrier Air India could be around Rs 7,853 crore in financial year 2011-12.
PHOTOS: Stunning cars you would love to drive!
Take a look at some of the stunning cars on display at Auto China show.
Pranab's legal expertise floors US economists
It's perhaps no small wonder that Pranab Mukherjee, is the go-to person in political circles and not just the Congress Party's savior.
Are online travel companies gouging customers?
The last few weeks have seen heated exchanges between two important stakeholders in online travel, putting a damper on a fast-growing industry.
S&P cuts India's outlook from stable to negative
The lowered outlook jeopardises India's long-term rating of BBB-, which is the lowest investment grade rating. S&P has threatened to downgrade India's rating in next 2 years if the fiscal situation does not improve.
PHOTOS: Why this is the best time to buy gold
The third (Tritiya) day of the Hindu calendar's Vaishaka month which falls in late April or early May every year is called Akshaya Tritiya.
It's offers galore to push petrol cars
Automobile manufacturers are offering freebies, ranging from gold coins and LED televisions to record discounts, to push petrol vehicle sales.
Column: Have non-government economists worked?
Has the experiment of appointing non-government economists worked?
Wipro Q4 net up 7.7% at Rs 1,480.9 crore
IT major Wipro on Wednesday reported a consolidated Q4 net profit up 7.7 per cent at Rs 1,480.90 crore (Rs 14.80 billion).
Skoda Fabia Scout launched at Rs 6.79 lakh
Skoda Auto has launched the awaited model Skoda Fabia 'Scout' in the country.
Why you must invest in GOLD
Gold has been performing well over the last 10 years.
IBM, Infosys most preferred employers for graduates
According to the portal, both the companies are topping the employer preference charts for the second year in a row.
PHOTOS: Sydney - the business hub of Australia
Sydney is the most populous city in Australia.
|April 24, 2012|
|Diesel to cost more, govt plans to deregulate prices|
The government on Tuesday said it has agreed in-principle to deregulate diesel prices, but is not considering similar proposal for the cooking gas.
Peer plans may put Infosys under pressure
With Tata Consultancy Services (TCS) announcing a wage rise for its employees this year and most other industry peers going ahead with their wage increase plans, pressure is expected to mount on Infosys to reconsider its earlier decision.
Why 41 per cent of CEOs in India delayed their plans
About 41 per cent of chief executive officers (CEO) in India have cancelled or delayed a key strategic initiative because of skills shortage, an annual global CEO survey by PricewaterhouseCoopers (PwC) states.
Now, a hi-tech car that can guide older drivers
The car, which has navigation tools, night vision systems and intelligent speed adaptations, can also monitor stress levels, concentration and driving habits of the drivers by tracking their eye movements.
Curb on Internet freedom bad for Indian democracy
Google is great for shopping, but not for learning, says Siva Vaidhyanathan, Robertson Professor in Media Studies Chair, Department of Media Studies, University of Virginia.
'GST would be single biggest reform after 1991'
Adi Godrej says he hopes the government would address industry's apprehensions over some of the Budget taxation proposals on stalled reforms and so on.
Must Read: What India must do to grow in double digits
Given that the public is no longer willing to tolerate lack of transparency, politicians will see they have no alternative but to change, feels Raghuram Rajan, economic advisor to the prime minister. Interestingly, Professor Rajan made this hard-hitting speech at an event to release a book in Prime Minister Manmohan Singh's honour.
Column: Is Bihar a special category state?
Separate fiscal consideration for special category states because of their hilly terrain imparts a cost disability in public service provision.
The rising tide of Indo-Pak trade
Political tensions have cast a long and troubled shadow over cooperation between India and Pakistan. Cross-border terrorism, Kashmir and water rights remain the core issues of contention.
Opposition to retail FDI cannot go on, says Pranab
Finance Minister Pranab Mukherjee said that the government will have to find some solution to the feisty issue of opening up of retail sector for FDI.
RBI cuts rate but loans won't be cheaper right away
Over the last week, several banks have cut rates by 25 basis points, clearly not enough to fuel credit demand.
Gujarat gets world's first canal-top solar plant
The project, which virtually eliminates the need to acquire huge tracts of land as is typically needed in setting up such plants, was commissioned in late February this year.
PHOTOS: The amazing Lamborghini
Lamborghini is an Italian supercar.
PHOTOS: World's 25 biggest companies
Exxon Mobil tops the Forbes 2000 list.
Victoria Beckham designs JLR's Evoque
Tata Motors-owned Jaguar Land Rover on Monday launched a special edition of its latest sports utility vehicle Range Rover Evoque, which will hit the market in October with a price tag of 79,995 pound (over Rs 65 lakh).
PHOTOS: A look at rich and poor around the world
Rich are getting richer and the poor are getting poorer.
|April 23, 2012|
|TCS Q4 profit up 22.6% at Rs 2,932.40 crore|
The company became the first Indian IT company to cross the $10-billion milestone posting annual revenues of $ 10.17 billion, said a TCS statement.
This is what junk food companies are hiding from you
Labels on packages do not explain just how much of our daily salt, sugar or fat quota this "fun" food is taking up.
Finally, some clarity on K-G reservoir output riddle
Company indicates estimates of reserves needed to be cut.
The debate about growth and deficits
The fiscal deficit is unsustainably high and the Budget has done precious little to offer a credible path for consolidation.
FinMin may cut capital gains tax on PE investments
Several PE investors have appealed to the ministry to bring them at par with the foreign institutional investors as far as tax treatment is concerned.
Take Basu's message seriously: Time for reform is now
Chief Economic Advisor Kaushik Basu sounded a warning bell at the Carnegie Endowment in Washington, DC, last week, saying that big-ticket reforms would probably have to wait to be carried out for the next government, after general elections in 2014.
Maruti's Manesar workers demand 5-fold rise in basic pay
According to sources close to the development, the newly formed body -- Maruti Suzuki Workers' Union -- has submitted a list of about 20 demands to the management for consideration while finalising the three-year wage settlement agreement.
Fizzy war: Who is Thums Up's new rival?
Thums Up moves away from its individualistic, masculine positioning to be the flag bearer of daredevilry, a la Mountain Dew.
IMAGES: How is it to drive the quirky Renault Twizy
It's not a car. It's not a scooter. It is a hole on four wheels. Doors are an option.
Do you KNOW how the postal system works?
Modern mail is organised by national and privatised services.
PHOTOS: Yash Birla on business, life and spirituality
Known more for his lifestyle than business moves, Yash Birla talks to <I> </I>about life and spirituality.
IMAGES: Check out the new Apple iPad
The new iPad lands in stores on April 27, and all those who haven't got an iPad or a tablet PC yet, but are considering to buy the device, could go and try the third-generation model that goes on sale on Friday.
US Lobbying: RIL pauses, Government spends Rs 3.7 crore
Corporate giant Reliance Industries Ltd has stopped lobbying with US lawmakers for the last two quarters, while the Indian government incurred an expense of Rs 3.7 crore (Rs 37 million) for such activities during the last financial year ended March 31, 2012.
Who says India has no appetite for major reforms?
Nothwithstanding his chief economic adviser's contention that there would be no reforms till elections in 2014, Pranab says there is no lack of appetite for reforms and that an electorate's support or lack of it can be gauged only in the national polls.
PHOTOS: Biggest airlines in the world
Not all airlines fly on international routes.
What is holding back the stock market?
It is difficult to see valuations rise unless the institutional attitude, especially that of foreign investors, turns bullish again.
Pranab: We have 'Very powerful, strong PM'
Pranab said he had clarified this issue in no uncertain terms with US Treasury Secretary who had brought up this issue during bilateral talks.
PHOTOS: YouTube to share revenue with creators
Video-sharing website YouTube will now offer original content creators a chance to monetise their work uploaded on the website without any prerequisites.
New wage system for AI, no productivity-linked incentive
Management to be restructured to monitor integration of erstwhile Indian Airlines and Air India.
Sebi to probe flash crashes
The frequent flash crashes - sharp falls in stocks or indices within minutes - have the Securities and Exchange Board of India (Sebi) worried.
IMAGES: Turn your house green and save money!
The concept of green homes is a trend that is here to stay and is slowly but surely catching up in India.
|April 20, 2012|
|The truth behind Andhra's liquor scam|
The crusade against the liquor cartel may well be masking another dynamic that many say is the real reason behind the spike in liquor prices -- namely, exorbitant liquor licence fees paid to the government by retailers.
Infosys investors concerned over company's performance
Questions are also being raised over Infosys' rational to maintain high margins, especially in a difficult macro environment.
How to set up a workable home budget!
One of the key aspects of creating a successful financial plan for a year is to establish a workable home budget.
PHOTOS: Inside the world's gambling capital
Macau is famous worldwide as the 'Monte Carlo of the Orient'.
Can Didi convert Kolkata to London? Bah!
The West Bengal chief minister's dream of transforming her state's capital might prove difficult.
Why you should think beyond tax when investing!
Many investors confuse investment with a tool to save tax and do not see them as a tool to build wealth!
PHOTOS: Biggest insurance companies in the world
Global insurance premiums grew by 2.7 per cent in inflation-adjusted terms in 2010 to $4.3 trillion.
Why gold loan business will be hit
Gold is one of the most influential financial instruments in the India. Banks, NBFCs and unorganised lenders are actively engaged in providing loans against gold value.
Infosys reaches out to staff on wage hike
Sources say the company's decision has led to a lot of discontent among its employees, many of whom are said to have expressed their unhappiness on the company's intranet portal and 'bulletin board'.
Volvo India chief on future plans and business mantra
Expect a new compact SUV from their stable called EcoSport later this year.
PHOTOS: World's most influential businesspeople
Time magazine lists 100 'people who inspire us, entertain us, challenge us and change our world'.
Better times ahead for airlines
Experts say carriers will start making money on higher ticket prices, but jet fuel costs may act as a dampener
IMAGES: 10 most stolen cars in the US
One of the biggest worries of a car owner is somebody stealing their vehicle.
What you should know about cashless hospitalisation
Wealth is a key factor in the first stage of Maslow's hierarchy of needs. In its true form wealth is a combination of three aspects namely good food, an adequate wardrobe and good health.
Compared to its rivals, Maruti Ertiga is really CHEAP
Apart from a tempting price-tag, the car delivers remarkable fuel efficiency.
|April 19, 2012|
|Reliance Jewels offers special bonus this Akshaya Thrithiya|
Reliance Jewels is offering double gold rate protection for Akshaya Thrithiya.
XOLO X900, smartphone with Intel Inside now in India
The device will be available from April 23 for Rs 22,000, said a company statement.
Consumer confidence: India tops the Asian list
At 81.2, in an index which is calculated with zero as the most pessimistic 100 as the most optimistic, India was the leader of the pack in Asia, said MasterCard Worldwide Index of Consumer Confidence.
IMAGES: Longest train journeys in India
Indian Railways has 114,500 kilometres of total track over a route of 65,000 kilometres and 7,500 stations.
IMAGES: 30 busiest ports in the world
Global consumer demand dictates the flow of container shipping.
Why the Chinese currency is a bone of contention
The reformist wing of the current Chinese leadership should look to Zhu Rongji for a solution.
Internet giants scramble for social media pie
Last week, when news about Facebook acquiring the start-up photo-sharing app Instagram for a whopping $1 billion surfaced, the digital world was abuzz with frantic activity and comments.
It is EASIEST to start a business in these nations
Entrepreneurs face severe challenges while starting a business as the regulatory framework is burdensome in many nations.
FM faces US chill: Business forums express concern
The weather in Washington is balmy, but Finance Minister Pranab Mukherjee, in the US to attend a meeting of the International Monetary Fund and the World Bank, would feel a distinct chill as he readies to meet corporate America.
Mumbai property prices jumped 10% in four months!
Prices in Mumbai have risen 10 per cent in the January-March period.
IMAGES: A cheaper version of Skoda Superb launched
It offers luxury saloon car features at a competitively low price.
|April 17, 2012|
|SBI to cut lending rates soon|
The transmission of the last cash reserve ratio cut has also not happened fully because that came in March.
More pacts with Pak on anvil
Companies from both sides have shown interest in entering the energy, cement, healthcare, and hospitality segments. Banking is also likely to draw some interest.
Good news! Your EMIs will come down
Home, auto and corporate loans are likely to become cheaper as the Reserve Bank on Tuesday slashed the short term lending rate sharply by 0.50 per cent to 8 per cent, signalling banks to cut rates.
Why investors are restive at Budget tax proposals
Starting with the proposed retrospective amendment to Section 9 of the Income Tax Act, seen as a move to get over the adverse Supreme Court verdict on Vodafone, the controversy spilled over to taxation of foreign portfolio investments and taxation of foreign assets of Indians.
PHOTOS: 10 most trusted brands in India
The Brand Trust Report has come out with a list of 1,000 Most Trusted Brands in India.
How will RBI rate cut affect you? Well, it WON'T
The government has taken on more and more debt to finance the deficit and more debt also means more interest.
New iPad to hit Indian stores on April 27
The best-selling device is priced between Rs 30,500 and Rs 50,900 in the Indian market.
RBI cuts lending rate to prop economy
With RBI rate cut, loans are likely to be cheaper.
COLUMN: Oil price decontrol has become a farce
It will soon be two years since petrol was decontrolled, but few will happily celebrate this second birthday.
World Bank selects Jim Yong Kim as its president
Kim, 52, will take over at the beginning of July, after the current president, Robert B Zoellick, steps down at the end of his five-year term.
Big boys of India Inc bet on RATE CUT
Line up Rs 10,000 cr worth bond issues.
SLOWDOWN gets serious: A grim future for India
As each month's economic numbers roll in, the slowdown gets more serious; and each month it gets clearer than before that government spokesmen who keep predicting an upturn are whistling in the dark.
PHOTOS: Two Indian cities among the most polluted
Two Indian cities have been ranked as the most polluted cities in the world.
Infosys' result: Harbinger of BAD times?
Infosys Technologies' fourth-quarter results have been poorly received. The bellwether stock has taken a severe beating, bringing the markets down with it.
|April 16, 2012|
|RBI for hiking prices of petroleum products|
Making a case for increasing prices of petroleum products and deregulating diesel prices, the Reserve Bank on Monday said these steps are necessary to contain fiscal slippages and arrest decline in growth.
Mumbai's infra projects stuck in policy paralysis?
Under attack from both the ruling coalition and opposition parties for his alleged inaction and a prevailing "policy paralysis", Maharashtra Chief Minister Prithviraj Chavan says major infrastructure projects, since he took over in November 2010, have gained momentum due to a systematic approach.
IMAGES: World's biggest food and beverage companies
There are some food and beverage companies that have more money than some countries of the world.
City, Fiesta or Rapid? Which car to BUY?
Are you dreading the commute home? These automatic sedans hope to alleviate that anxiety.
Why Manmohan Singh's reforms legacy is under threat
At Vigyan Bhavan, Prime Minister Manmohan Singh sat with silent stillness as a key economic advisor and the head of India's central bank discussed the legacy of his reforms - a legacy that speakers said was under threat because of complacency.
Investors hope for rate cuts as uncertainty looms
FII inflows subdued, investor sentiment remains sombre abroad
Air India invites merchant bankers to raise $1 bn
Move follows govt nod to carrier to borrow via ECBs. Turnaround plan involving Rs 30,000 cr equity infusion, Rs 21,000 cr debt recast okayed last week.
Mumbai is the world's MOST EXPENSIVE city!
Knight Frank LLP, an international property consultancy, recently conducted a study on how many years worth of earning would it take for an average citizen to buy a 100-square-metre luxury or a high-end apartment in the world's most important cities. These numbers are according to an analysis of real estate and wages.
More women now in the driver's seat in car market
Also, car owners driving more than they did five years ago despite fuel price hikes; average age of buyers on downhill ride
New IIP coming after Holi havoc
Faulty Jan data blamed on festival holiday; govt to form review panel
Infosys finally utters the 'C' word
CFO admits for the first time that some amount of conservatism has set in.
Column: How CAG spotted the 2G spectrum scam
It is because of the Comptroller & Auditor General that we know all isn't well in the murky world of government purchases and the allocation of resources.
|April 13, 2012|
|Infy falls 13% on BSE, investors lose Rs 20,000 cr|
In its biggest fall in nearly three years, Infosys on Friday plummeted by about 13 per cent, wiping out nearly Rs 20,000 crore (Rs 200 billion) in market value.
Picture perfect ending for Insta-millionaire
The founder of Instagram, 28-year-old Kevin Systrom, has made an unlikely star out of the company because he's managed to tap into a common obsession amongst us humans the need to lose ourselves in the magical realm of photos.
Why FDI won't make airlines more attractive for investors
Airplanes are fascinating and air travel is crucial for business and leisure. The number of people travelling by air has been increasing at double-digit levels over recent years. Low single-digit penetration provides adequate scope for growth.
Mukul puts Trivedi's tenure under scanner
The development comes about a week after Roy said that the work has slowed down especially during the last eight to nine months apparently making a veiled attack on his predecessor, who is also a fellow party leader.
No one-time endorsement fee, stars have more at stake now
Bollywood stars are now being guided by wealth managers and their own business instincts to multiply their fortunes.
India's foodgrain stock to rise but much will rot
Too much grain, and no way to distribute it.
'Creative' reasons employees cite for taking leave!
Employees never run out of ideas on reasons for taking leave.
India should accept days of 9% growth are over
India has no god-given right to foreign capital.
In West Bengal, culture pips welfare in fund allocation
Outlay for cultural activities increased, for social welfare schemes slashed
SPECIAL: Value investing and the margin of safety
Intrigued by the concept of value investing? Read on...
PHOTOS: This supercar can go up to 390km/h!
McLaren F1 is a supercar designed and manufactured by McLaren Automotive.
PHOTOS: Life and style of Chinese millionaires
There are currently 2.7 million high-net-worth individuals in China.
As water becomes scarce, DROUGHTS ravage the world
he cracked earth of the drought-stricken Portodemouros reservoir is seen in Portodemouros, northern Spain April 8, 2012
PHOTOS: Onboard the stunning Disney Fantasy
Disney Fantasy is the fourth ship in the Disney Cruise Line fleet, which started operations in 1998.
Is Kingfisher Airlines really in trouble?
It may just be a well-crafted strategy by Vijay Mallya to sail through the current crisis
Economic freedom: 122 nations, Pakistan beat India!
The world economy is in trouble, and governments are making things worse, says the 2012 Index of Economic Freedom published by the Heritage Foundation and The Wall Street Journal.
IMAGES: Meet the world's richest CEOs
According to the study, the ranking is based on net worth figures from Wealth-X, a research firm that provides information on ultra high net worth individuals to private banks and consulting firms.
|April 12, 2012|
|SUCCESS story: He started a software company at 18!|
Shalin Jain's journey as an entrepreneur started when he was a college going teenager.
Huawei launches NEW smartphone in India
Huawei Devices, which aim to be amongst the top three handsets brands by 2016, on Thursday announced the launch of Huawei Honor and the New Huawei Ideos X5 in the Indian market.
IMAGES: What Mallya can learn from Buffett
Worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money, says Buffett.
IPL viewership slump worries advertisers
Some say they saw it coming, with the earlier Team India performance, cricket fatigue
In 4 years, India has gone from shining to crawling
Four years ago India was riding high.
IMAGES: The Rs 5.89 lakh Maruti Ertiga is here!
Maruti reversed geared this time and for the first time in history, designed a car from scratch to suit Indian conditions.
AI revival plan: Rs 30,000 crore equity over 9 years
The CCEA approved the TAP and the airline's financial restructuring plan, which includes additional equity infusion by the government.
IMAGES: The highest selling cars in India
Car sales in India grew by just 2.2 per cent in 2011-12 , the slowest in two years.
COLUMN: China's economy booms, India lags
China's ascendancy has reached a point where India will have to play a delicate game of exercising autonomy in its pursuit of national objectives without provoking conflict.
25% travel bookings for Indonesia may be cancelled
Travel companies are trying to address the concerns of those visiting Indonesia and surrounding coastal areas.
How much do Indians SPEND on food?
In 2011, the Chinese spent 14 per cent of GDP on groceries.
PHOTOS: 3 Indian cities among world's top megacities
A megacity is a metropolitan area with a total population of over 10 million people.
The shocking experience of taking a UID card!
Machines obey bumbling humanity in ageless India.
Volkswagen's journey in India: Crests and troughs
Indian car market is crucial for any carmaker to maintain an upper hand in automotive industry dynamics.
Priyanka Chopra LAUNCHES Nikon's summer range series
Actor Priyanka Chopra unveiled imaging maker Nikon India's latest Coolpix collection for Spring Summer 2012 on Wednesday in Mumbai.
Employees in India may get LOWER salary hike in 2012
As per the survey conducted by HR consulting firm Right Step Consulting, the salary hikes for India would decline to 11.54 per cent in 2012 from 11.89 per cent in 2011.
|April 11, 2012|
|IMAGES: India's top 15 BPO employers|
The survey conducted by Dataquest, India's leading IT magazine, consists of two parts: HR round and employee satisfaction.
PHOTOS capture oil extraction controversy
Hydraulic fracturing, also known as fracking, is used to extract oil from deep within the earth.
Infy CEO puts spotlight on better half
Shibulal plans to commission biography of his wife
Spielberg gets funding from Reliance Entertainment
Reliance Entertainment, a unit of the Anil Ambani-led ADA Group, is expected to give $ 200 million to Hollywood director Steven Spielberg's DreamWorks Studios, a deal which will extend a new financial lease of life to the struggling California-based film company.
Amazing PHOTOS of a yacht that's actually an island!
While there are many superyachts that are luxurious, comfortable and really huge, but none come even close to this superyacht.
COLUMN: How Aadhar is transforming lives in Jharkhand
Aadhaar is helping in weeding fake beneficiaries from social welfare schemes and transforming lives across Jharkhand.
IMAGES: World's 10 most impressive cities
A recent study titled - The Wealth Report 2012 - suggests that even though the focus is now on emerging economies; established top cities in the world will continue to draw wealth for sometime.
A rags to riches story of a roadside fruit vendor
From roadside vendor to Rs 150-crore (Rs 1.5 billion) regional giant, this is one of a kind, rags-to-riches story that will inspire anyone.
Obama pushes for HIGHER taxes on the wealthy
US President Barack Obama has made an aggressive case for imposing more taxes on the rich and criticised those opposing his 'Buffet Rule'.
Lavasa turns into a bad dream for banks
Dream hillstation project Lavasa, near Pune, is now a millstone around lenders' neck.
IMAGES: India set to see a pizza war!
As new players make plans to invade the Indian market, learning from incumbents like Domino's and Pizza Hut may be the best hope for survival, even success.
Now, prosecution of tax evaders made easier
A senior finance ministry official said on Tuesday the proposed change in the Finance Bill, 2012, would broaden the definition of commissioner.
PHOTOS: Mahindra in race to acquire Saab
Last day for bid over; Mahindra is said to be one of those interested.
PHOTOS: Symbols of China's economic success
An economic superpower, China is marching ahead to become the world's largest economy.
PHOTOS: World's biggest coffee producers and drinkers
Green (unroasted) coffee is one of the most traded agricultural commodities in the world.
The STUNNING Maruti Ertiga: A sneak peek
Since the last one month, many test drives have been conducted and speculations reported ahead of its launch on April 12, 2012.
|April 10, 2012|
|SPECIAL: Why the annual Budget is like a bikini|
Five things you did not hear the finance minister Pranab Mukherjee say in the budget speech.
How to invest profitably in global markets
High net worth individuals slowly warm up to US market; however, financial planners generally discourage such dabbling
GLIMPSES of London, the financial capital of Europe
London is a leading global city, with strengths in the arts, commerce, education, entertainment, fashion, finance, healthcare, media, professional services, research and development, tourism and transport.
IMAGES: Stunning cars that will make you drool
New York Auto Show is one of the most awaited motoring events in the world.
Job scheme to provide food, too
The job guarantee scheme is set to provide food grain as part of wages.
PHOTOS: 10 stunning towers around the world
Take a look at these impressive towers with huge atriums...
Indian job market upbeat, no slowdown blues
The slowdown has returned, but this time things are different. Suryavanshi is sitting on two job offers, wondering which to zero in on.
PHOTOS: Sahara makes $600mn bid for NY Plaza
Sahara has paid a 10 per cent down payment for the 105-year-old landmark.
IMAGES: Maruti to launch Ertiga to take on Innova
With 25 per cent sales growth in the multi-utility vehicle segment, other car makers rushing in, too.
IMAGES: Inside the most expensive hotel room in history
Burj Al-Arab is a luxury hotel located in Dubai, United Arab Emirates.
PHOTOS: 10 most-liked CEOs in the tech world
Not many bosses receive glowing feedback from their juniors, but some do.
|April 09, 2012|
|After MFI turmoil, chit funds the next big draw|
PE/VC investors keen on bolder bets in sect#8744 rise in investment enquiries, growth
Iconic and historic PHOTOS of London Stock Exchange
London Stock Exchange is the fourth-largest bourse in the world and the largest in Europe.
COLUMN: A pension for the poor and elderly
Proponents of universal pension coverage argue that India is now a rich country with a large population of poor people. So resources are available but not adequately channeled to those who need them.
Will Goa's Grand Hyatt be demolished?
High court to hear contrasting views on location in CRZ later this month, in the background of more than one rule change.
Equities to take cues from Bernanke, Infosys
Key among those would be US Federal Reserve Chairman Ben Bernanke's speech late on Monday evening, fourth-quarter earnings report by information technology major Infosys Technologies and India's industrial production data during the week.
Selling property? Know all about capital gain tax
What is confusing for many investors though is the tax structure on these real estate transactions. Here, we will explore the tax liability on such transactions, also known as capital gain (or loss depending on whether the investor made money on the transaction).
The iconic Mysore Palace to get a makeover
The allocation of Rs 25 crore for the facelift of the iconic Mysore Palace in chief minister Sadananda Gowda's Budget 2012-13 will pave the way for the first major makeover of the palace which is celebrating its centenary year.
Airlines cut business-class seats on domestic routes
Of the 62 Airbus-320 family of aircraft, AI has started converting 14 to single-class configuration and to decrease the number of business-class seats in 43 others from 20 seats per aircraft to 12.
PHOTOS: India's most amazing malls
The largest Indian mall is less than a fourth of the world's largest mall and does not figure amongst the 30 largest malls in the world.
Low-end tablet PC: A cheap hook-up and a killjoy affair
Going for a tablet purchase? Don't let price points persuade you. Frugal innovation in tech may be grabbing headlines these days, but the bottom line remains very much the same -- 'cheap ain't better'. The 'affordable' breed of tablet PCs are in stores, but their ilk may not be relied upon.
How will Indian consumers pay in the future?
With all the innovation in technology and business, as well as new consumer behavior, it's sometimes difficult to separate what will shape the future of payments from what is just hype.
GOOD NEWS! Expect 20% Sensex return in 2012
Indian equities are currently undervalued vs their own past levels and current peer levels. Since 2007, the Sensex has reached 16,000 for the sixth consecutive year.
Looking for easy way to order food? Here's HELP!
She is a self-confessed foodie. It's this passion for food which inspired her to start Deliverychef.in. Meet Aditi Talreja, the 23 year-old owner of this online aggregator for restaurants and other food providers.
IMAGES: Which are the BEST cars and bikes in India?
With only 11 categories, they had better be the best of the best. Here they are...
Confused by savings interest rate? Read on...
RBI's deregulation drive on saving interest rates has created a competitive environment.
COLUMN: Is India shining? Bah!
A lack of balance in economic policy, with a fiscal deficit that doubled from 2008 to now, and overemphasis on monetary policy to combat structurally high inflation, resulting in overly aggressive rate hikes, discouraging investment and impairing growth.
Why gold is set to continue GLITTERING
Gold is said to be the most-favored investment instrument in India.
PHOTOS: When Hong Kong fuelled Britain's economy
Hong Kong became a colony of the British Empire after the First Opium War (1839-42).
|April 05, 2012|
|Stunning PHOTOS reveal how gold is mined|
Gold is one of the most sought-after precious metals.
Hiring activities slow down in March
With the ongoing appraisal season in most of the companies, recruitment activities were lower in March compared to the previous month, according to the survey conducted by job portal Naukri.com.
Column: Why Warren Buffett is WRONG about gold
"As Buffett puts it "Gold has some industrial and decorative utility, but the demand for these purposes is both limited and incapable of soaking up new production. Meanwhile, if you own one ounce of gold for an eternity, you will still own one ounce at its end."
Amazing IMAGES of an unbelievable motorhome
A German company has launched a motorhome that is not only luxurious but also comfortable.
Is China stuck in a Catch-22 like situation?
The economic fate of the world is now inextricably linked to China. While China's growth is important, its drivers are frequently misunderstood and poorly analysed. The ability of China to support the seriously compromised global economic and financial system is overestimated.
How to build comprehensive ecosystems?
India's inability to address infrastructure is legendary, barring historical exceptions. It shows in electricity shortages, inadequate sanitation, broadband, railway services, airlines and roads. This explores the common strands of such failures, and a possible alternative drawing on China's approach to development.
'India is ranked No. 1 for developer satisfaction'
Global software giant Microsoft intends to tap the growing cloud computing market here. Sanket Akerkar, managing director of Microsoft India, says he's seeing an uptick in its adoption by enterprises, to become competitive.
Economy needs ACTION, but the govt is SLEEPING
Government has been trying to get rid of the impression that it is caught in "policy paralysis".
IMAGES: Dazzling diamonds from across the globe
We present here some stunning photographs of diamonds.
'India CANNOT GROW, if Bihar lags behind'
Deputy CM says a lot has been achieved, but the state has to go a long way.
IMAGES: World's most admired technology companies
So, which technology firms have the best reputation? These nine firms are the envy of their peers, everywhere! Read on, to find out why
TOUGH course: B-schools on sale
Bad market forces new management institutions to get out of business
Now pay Rs 200 more for cancelling air ticket
From April 1 all domestic airlines except Air India have increased fee for cancellations and date change by Rs 200 to Rs 950.
IMAGES: 10 cars under Rs 5-lakh coming to India
In the last one year, a number of global car makers have shown their interest in debuting in this segment.
|April 04, 2012|
|Salary talks: Indians most confident|
As per the survey conducted by professional networking website LinkedIn across eight countries, Indian professionals are the most confident people in career negotiations like asking for a raise or closing a business deal.
GOOD NEWS! Robust hiring, 12% pay hike on anvil
According to the study conducted by staffing consultancy Mercer, organisations are planning to hire aggressively this year, when competition could grow further for right talent.
Tatas refute media reports; Indica still in focus
Contrary to information in the report, Tata Motors does not have any plans of 'de-emphasising' the Tata Indica, the statement said.
Unusual PHOTOS of stock exchanges from around the world
There is more to bourses than just men in suits and hard cash.
Apollo's mission: To serve the masses
Local healthcare is a largely disaggregated affair but Apollo's new plan to start local clinics could change the way we access doctors while adding another valuable addition to the hospital group's value chain.
As Aadhaar debuts in Jharkhand, doubts arise
UIDAI will have to assail concerns over authentication and connectivity that have emerged in the Jharkhand pilot projects.
GDP growth: The BEST and WORST performing nations
While emerging economies present the best chances for economic growth, not all countries will prosper at the same rate.
Amazing PHOTOS of a 'hidden paradise'
Steep mountain walls enclose the valley on either side with snow-clad ramparts.
Haridwar factories brew Manesar-like labour situation
Workers at Satyam Auto and Rockman Industries, two leading auto parts suppliers to India's largest two-wheeler company, Hero MotoCorp, have been on strike for the past two weeks. They have come together to press for better wages and a workers' union.
These heritage brands are old but not ageing
Many brands have proved there is gold in old. What explains their success?
SPECIAL: When big brands hide behind a veil
The moral of the story is that BSing helps CEOs often get out of tricky situations where the "real" answer is obvious, but they can't be seen mouthing it.
IMAGES: These hot cars will now cost MORE
Auto giants like Hyundai, Volkswagen and Nissan too will hike prices, even though no announcement has yet been made.
Air India plans fare system that syncs with fuel price
According to the formula being worked out, the company would raise the fuel charge by Rs 50 for every Rs 1,000-per-kilolitre increase in the rates of jet fuel. Inversely, there would be a slide in the fares by the same amount in case of a Rs 1,000-per-kl decrease.
A Kerala youth turns coconut plucking into a hi-tech job
Shortage of trained nut pluckers is a grim farm sector problem in Kerala but for 37-year-old Selvin Chacko coconut plucking is a hi-tech profession involving car, mobile and even a dedicated website.
PHOTOS: Time for non-American to head World Bank
The race for the top position at the Bank is really heating up.
IMAGES: The World Trade Centre is 100 storeys high!
It will soon be the tallest building in New York City, surpassing the Empire State Building.
PHOTOS: The amazing Flying Car is all set to take off
Dream of a flying car could become a reality soon.
|April 03, 2012|
|US court permits class action lawsuit against TCS|
The lawsuit filed in 2006 by two of its former employees, Gopi Vedachalam and Kangana Beri, alleges that Tata unjustly enriched itself by requiring all of its non-US-citizen employees to endorse and sign over their federal and state tax refund checks to Tata and by taking unauthorised deductions from employee's paychecks.
IMAGES: New Renault diesel Fluence at Rs 15.2 lakh
The new Fluence will be powered by 1.5 litre diesel engine, which will give a mileage of 20.4 kilometre per litre.
Indian ADRs lost $6-bn of market value in March
The 15 Indian entities listed on the New York Stock Exchange and Nasdaq saw their cumulative market value plummet.
Stunning IMAGES of beautiful Rajasthan
Rajasthan is a vibrant, exotic state where tradition and royal glory meet in a riot of colours against the vast backdrop of sand and desert.
PHOTOS: How workers toil at Foxconn, the human sweat-shop
Foxconn has been involved in several controversies, mostly relating to how it manages employees in China.
Passwords are most insecure, says a study
Passwords are most insecure, says a study
US asks India to relax norms on imports of select items
It also sought permanent exemption from the requirements that wine and distilled spirits labels include an ingredients list and disclose the date the product was manufactured.
Kingfisher staff withdraw threatened stir
Vijay Mallya, who had a meeting with the employees including pilots and engineers late on Monday night, had assured them that their dues would be paid in a staggered manner by April 10.
No end in sight in battle over Haldia
A 7-yr legal tussle over Haldia Petrochemicals looked close to being resolved. But when Mamata Banerjee upped the ante, it was back to square one for investor Purnendu Chatterjee.
Rajanna and the cooking gas revolution
How the nuts and bolts of the Aadhaar promise of targeted subsidy delivery are being tested on the ground
Amazing PHOTOS of world currencies
Paper currency was first developed in China in the Tang Dynasty during the seventh century, and was later introduced in the Mongol Empire, Europe and America.
SHOCKING! Honda Siel on brink of turning sick
Such a financial condition had impelled the management to expedite a board resolution for fresh infusion of equity capital through a rights issue.
2G scam: Why customers have not DUMPED Unitech
The phenomenon is a little difficult to explain. According to the Supreme Court's order, all telecom service licences given in 2008, during the A Raja regime, have to be cancelled by June 2. The licencees will have to return the spectrum they received to host telephony services.
Infosys: Analysts upgrade FY13 revenue estimates
Quarterly revenues may be volatile, as spending will be driven by the global macroeconomic situation
No Indian city among the world's 20 most IMPORTANT
These cities are considered the most important to the world's High Net Worth Individuals (HNWIs), according to The Wealth Report 2012 by Wealth Report 2012 by Knight Frank & Citi Private Bank.
Stock exchanges are not private business: Bimal Jalan
An interview with author of the report on the working of stock exchanges and other market infrastructure companies
IMAGES: 5 great cars will be launched this April
Carmakers, both domestic and foreign are gearing up with their 'to do' list.
Top 10 biz groups LOST Rs 6,000,000,000,000 in FY12
In line with the overall downtrend in the markets, a majority of large business conglomerates saw their valuations taking a dip.
|April 02, 2012|
|Growth of middle class sluggish in China|
China may be the home to a rising number of billionaires but the growth of middle class, the main requisite for its social stability, remained sluggish due to concentration of money in just one per cent of wealthy Chinese, a top economist said.
How London Dairy plans to make it big in India
The timing of premium ice cream maker, London Dairy ice creams' first ever media campaign in India is perfect.
Hitler's holiday resort to become a luxury hotel
German dictator Adolf Hitler's Nazi holiday resort, which spans nearly three miles along the coast of the Baltic island of Ruegen, will soon be converted into a 400-bed luxury hotel and 400 apartments, a media report said.
PHOTOS: An inside look at how Porsche is built
Porche cars are famous around the world for their speed, design and luxury.
IMAGES: All about the stunning Hyundai Sonata
The Sonata's back. Can it sing its way to success?
Camping in Googleland: Social animals discover new tools
With 10 million Indians now on Google+, the newest social media platform, users are now seeking ways how best to use it.
Why only doctors and engineers? Be an entrepreneur
As a charter member of The Indus Entrepreneurs (TiE), entrepreneur-turned venture capitalist, Sateesh Andra has been actively involved in creating a common platform for entrepreneurs, venture capitalists, and academicians to interact and help build successful enterprises.
Stunning IMAGES that capture the beauty of GOLD
Gold has been with us since time immemorial.
Mobile wallet takes aim: Buck gets a bang
Old king cash may have to take a bow. Plastic credit may find itself redundant. And 40 per cent of people who do not have bank accounts could leapfrog into the banking space. With mobile wallets, that's the change they are gunning for.
Destination smaller towns for BPOs
With an expanding domestic market, increasing cost and higher attrition rate, outsourcing action is shifting to tier-III and IV cities.
These are Asia's top high-value real estate deals...
The sale of Leela Kempinski Kovalam was among the top 10 hotel deals in Asia during the past one year, shows data from the US-based research firm Real Capital Analytics.
COLUMN: Why bosses like 'unhappy' employees
A simple way of keeping employees happy but with low self esteem is to create some self doubt in their minds.
Why Konnect edged out JetLite
The airline will reconfigure its planes to add business class seats in its low-cost service
PHOTOS: A tour of the world's 30 stunning malls
Malls have turned out to be hotspots for shopping entertainment and other activities too.
Ratan Tata's Vision 2020: A $500-bn global EMPIRE
Outgoing chief's presentation to top executives sees fivefold rise in sales in 8 years.
Three big worries for Indian stock investors
Confusion over India's new tax rules, slow rate cuts, and a weakening rupee could create a stock-picking environment.
|March 30, 2012|
|Hyundai i20 iGen: 10 SPECTACULAR features|
The i20 iGen boasts of many 'firsts in segment' features.
Big jolt for Posco. Green clearance suspended
The environment clearance granted to Posco's mega steel project in Orissa in January 2011 will remain suspended till the environment ministry reviews it afresh.
P-Note holders not liable to pay tax in India: FM
Setting at rest the uncertainty about overseas investments, Finance Minister Pranab Mukherjee on Friday said that persons investing in stock markets through participatory notes (P-Notes) will not have to pay taxes in India.
PHOTOS: $500-million lottery fever grips US
United States is in the grip of a lottery fever.
Can interviewers ask about a jobseeker's Facebook life?
It is easy to see why employers might be tempted to peer into applicants' online lives. Worldwide, people's social lives have moved online to a far greater degree than they have earlier.
New ideas, but no challenge to the West, yet
As advanced economies continue to be consumed by the tailback of the economic crisis that struck in 2008, the germ of an alternative model of economic growth seemed to be emerging on the anvil of the BRICS regional grouping that held its fourth summit in Delhi here on Thursday.
Column: Lessons to learn from these success stories
All great companies determine success by their ability to bounce back.
Photos: STUNNING office buildings around the world
Take a look at some amazing office buildings around the world.
Aviation may be down, not its training institutes
Some airline companies may be struggling to keep themselves afloat, but business for the aviation training industry is brisk, barring some exceptions.
Is Rajat Gupta INNOCENT? Trial to start on May 21
Defense strategy seems to relying on three basic arguments.
The stranger who put life back into Rajiv Bajaj's life
"Brevity is not a family strength," Bajaj said, an obvious reference to father and patriarch Rahul Bajaj, who loves to air elaborate views on all things under the sun. The audience, comprising a Who's Who of India Inc, responded with huge applause.
PHOTOS: Most expensive office spaces in the world
Global market for office rentals grew three per cent in 2011, up from just one per cent the year before, according to property consulting firm Cushman & Wakefield.
Inside Burj Al-Arab: World's most LUXURIOUS hotel
It is said that Burj Al Arab is the most luxurious hotels in the world. For starters, the prices of rooms vary from $1,000 to $27,000 per night! It is also described as 'the world's only seven-star hotel.
Year 2050: World's TOP 10 economies
While there is little doubt that the emerging economies present the best chances for economic growth, not all countries will prosper at the same rate, says the Wealth Report 2012 by Knight Frank & Citi Private Bank.
PHOTOS: Shopping around the world
Shopping is the engine that drives the growth of most of the economies in the world.
IMAGES: 7 cars under Rs 10 lakh to be launched in 2012
Despite the high fuel prices, SUVs and MPVs are becoming increasingly popular in India.
|March 29, 2012|
|No hike in H-1B visa fee for next year, says US|
Applications for H-1B work visa for the fiscal year 2013 would be accepted from April 2.
PHOTOS: How oil is extracted, and more
Crude oil, or petroleum, is recovered mostly through oil drilling.
A car engine that unites rival brands
The 1.3-litre multi-jet diesel engine powers more than a dozen models stretching across five companies including Maruti Suzuki's latest MUV.
IMAGES: PM highlights 10 issues at BRICS
Prime Minister's speech at the Plenary Session of the BRICS Summit in New Delhi.
Cars in India: The top 10 GAINERS
With total sales of 2, 11,402 cars, compared to 1, 86,890 notched up in the same month last year, February 2012 witnessed the highest growth in the last 10 months in terms of sales output.
On-time performance: Kingfisher is best, AI is worst
Cash-strapped Kingfisher had the best on-time performance in the last three years and low cost airline IndiGo registered the highest passenger load factor while national carrier Air India remained the worst performer on both the parameters.
IMAGES: Advertisements that leave you with a smile
Just three months into 2012, and we have already seen some interesting television commercials. Some give us hope, while others strum an emotional chord by saying happiness is more important the money.
PHOTOS: 12 greatest entrepreneurs of the world
It's not everyday that we see people turning their dreams into amazing ideas.
IMAGES: Hyundai's new i20 iGen at Rs 4.73 lakh
The country's largest car exporter launched the iGen i20 in both petrol and diesel variants, carrying a total of 12 variants.
India to become world's LARGEST economy by 2050!
Surpassing China, India will become the world's largest economy by 2050, says a report.
|March 28, 2012|
|Australian watchdog accuses Apple of misleading consumers|
IT giant Apple has been accused by Australian Competition & Consumer Commission (ACCC) of misleading consumers by selling the latest version of 4G enabled iPad, which cannot connect with the 4G mobile network in the country.
Fortune names Narayana Murthy among greatest entrepreneurs
Infosys co-founder N R Narayana Murthy is among the 12 "greatest entrepreneurs of our time" according to a Fortue magazine list that is topped by Apple's late chief Steve Jobs.
CarDekho.com turns 4, comes out with a facelift
The stylish new homepage with its increased usability and new features gives an in-depth knowledge about all new/used cars and their details.
Consumers prefer companies with strong CSR: Study
Seven out of 10 customers in India prefer to conduct business with companies that have implemented socially responsible programmes, according to a Nielsen study.
Vaccine makers give India shot in the arm
It is estimated the current Indian vaccine market is around $900 million, with a potential to touch $4.6 billion by 2017.
Column: How we can make Indian cities livable
Clean, reliable and timely public transport will go a long way in making and keeping towns and cities livable.
PHOTOS: Should TV channels reduce ads?
Unbridled advertising should be checked given weak self-regulation but the impact on revenues should be considered too.
Coke, Pepsi still a hit with consumers
Consumers have given a thumbs-up to these products, especially in countries such as India. The latter remains a key market for these brands, with volume sales seeing double-digit growth quarter on quarter.
US hikes H-1B visa fee, move to hit Indian IT cos
In a move that is expected to hit Indian IT companies, the US government has decided to hike H-1B visa fee from next fiscal.
Wealth in India shifting to smaller cities, towns
India has been the fastest-growing market in Asia for the affluent segment between 2006 and 2010.
Get Smart: Give your portfolio the global advantage
A weak rupee and strong global markets make a case for investing in foreign funds, but themes have to be chosen carefully.
Buyers misled? Realty promoters will be jailed
The Union ministry of housing & urban poverty alleviation has refused to dilute the penalties to be imposed on non-compliant promoters in the final version of the Real Estate (Regulation and Development) Bill, despite industry opposition to the concept of sending the offender to jail.
SUCCESS story of a doctor who turned an entrepreneur
Winner of this year's TiEcon award for Social Entrepreneur of the Year, Dr P Srinivasan, is the Chairman and Managing Director of Jeevan Blood Bank and Research Centre.
Don't rush to invest in debt instruments
There are reasons to limit your exposure, even with the rise in rates of small savings schemes.
PHOTOS of some of the world's most exotic yachts
There is nothing like having your own yacht and going on a cruise.
Good news for SBI's home loan customers
In a move that would help a large number of home loan customers to reduce their interest burden, nation's largest lender State Bank of India has decided to allow them to reprice their existing loans at lower rates.
PHOTOS: Punchy, witty world of Amul advertisements
Amul advertisements are real entertainers.
IMAGES: Imported cars will cost Rs 20-40 lakh more!
Budget proposal increased Customs duty on imported vehicles.
|March 27, 2012|
|Kingfisher suspends operations in several cities|
Faced with a cash crunch resulting in several employees not getting salaries and dues for over three months, the airline also did not rule out a lay off.
UPA's policy is anti-citizen: Arun Jaitley
The Bharatiya Janata Party (BJP) on Monday criticized the Union Budget 2012-13 saying it has "dampened" economic sentiments as almost all services have been brought under tax ambit.
PHOTOS: Japan's superfast train
Japan is famous for having superfast trains, and Narita Express is no exception.
Goa to cut petrol prices, will other states follow?
With the Goa government proposing a reduction in petrol prices by Rs 11, Minister of State for Parliamentary Affairs Rajiv Shukla on Wednesday said the other states especially the BJP ruled ones should emulate the step to ease the burden on the common man.
Prices of cars, jeeps, cooking gas to rise in Maharashtra
Maharashtra government is set to implement some harsh monetary steps from next month.
Now have an enemy list on your Facebook account!
You can also declare 'war' on any product, person or company that has a presence on Facebook.
Should you buy a Maruti Ertiga? An expert's VIEWS
The maker of the people's car finally has a people car.
PHOTOS: Beautiful Greece
Greek government debt crisis is one of a number of current European sovereign debt crises.
Photos: World's 20 BIGGEST hotels
With thousands of rooms, these hotels can accommodate many guests and offer the best of services to travellers. Here's a look at the world's 20 biggest hotels.
PHOTOS: Jets owned by Indian billionaires
Private jets are the must-have toys of the super rich.
Execs in India to get higher salary than Asian peers
Executives in India are likely to take home a fatter salary than their peers across Asia this year as average base pay for heads of organisations in the country are likely to rise by 8.3 per cent, says a report.
Good news! It's raining jobs in India
The next three months are likely to offer solid opportunities for job seekers as 39 per cent of Indian employers are expected to increase their headcount, says a survey.
|March 26, 2012|
|Global investors not confident about India, says Mallya|
"India's global image has taken a beating," Mallya said on the social networking platform Twitter.
Home prices in Mumbai will continue to remain HIGH
A sharp rise in construction and funding costs will increase costs for builders and prevent a reduction in home prices.
IMAGES: World's biggest consumers of wine
Global growth in wine consumption is being driven by demand in the United States, Russian and China.
IMAGES: Audi TT coupe launched at Rs 48.36 lakh
The auto firm has targeted to sell more than 50 units of the coupe this year.
PHOTOS: The illustrious history of Fiat
Fiat was founded in 1899 by a group of investors including Giovanni Agnelli. Besides automobiles, Fiat has also manufactured railway engines and carriages, military vehicles, and aircraft during its century long history.
Don't demand passwords of jobseekers: Facebook warns
Facebook chief privacy officer Erin Egan issued the warning in the wake of a published report that companies and governmental agencies were increasingly asking job applicants for access to their accounts as part of a pre-employment screening process.
PHOTOS: Most expensive neighbourhoods in India
There are some streets in India where the property prices are so high that only the super rich can afford to live there.
Taxman will not play policeman, FM assures India Inc
He sought to know from the industry if it wanted India to become a no-tax country.
PM invites Korean investments in solar, nuclear sectors
South Korean President Lee Myung-bak, during a bilateral meeting with Singh on Sunday, had requested that his country be allocated a site in India to build nuclear reactors.
IMAGES: Audi to launch 6 stunning cars in India
Audi is preparing an arsenal of cars for India.
IMAGES: 11 safest banks in Asia
The banks were selected through a comparison of the long-term credit ratings and total assets of the region's largest banks. Ratings from Moody's, Standard & Poor's and Fitch Ratings were used.
|March 22, 2012|
|India-made Figo to be exported to 50 international markets|
Ford India, subsidiary of US carmaker Ford, said it aims to accelerate export of India made-Figo to 50 international markets by this year end, from current 34.
Markets slump on weak global cues
The fall was led by index heavyweight Reliance Industries along with bank shares.
Coal scam: Govt loses Rs 10.6 lakh crore
In another huge embarrassment to the government after the 2G fiasco, the Comptroller and Auditor General (CAG) has estimated a Rs 10.6 lakh crore loss to the exchequer on account of allotment of coal blocks during 2004 to 2009 without auction to 100 private and public sector companies.
New Railway Minister announces rollback of fares
This was on the expected lines after Trinamool Congress chief and West Bengal Chief Minister Mamata Banerjee played a major role in getting the former Railway Minister Dinesh Trivedi resign.
PHOTOS: Hollywood stars and models at NYSE!
While the New York Stock Exchange is usually filled with testosterone-driven men, it sometimes does see Hollywood actors, models and sport stars.
PHOTOS: Are Indian students shunning US business schools?
Decline in high-quality applicants from India into US business PhD courses.
The reason behind India's uneven growth path...
The Indian economy has clearly been on an upward growth path -- from an average annual rise of three to four per cent in the first three decades, growth took a sharper upturn in the eighties.
PHOTOS: Sunny days for Nissan in India
Nissan's Sunny overtook Volkswagen Vento to become the third-largest selling sedan in February.
Mukesh to rejig personal investment
Ambani has investment in gas pipeline company Reliance Gas Transportation Infrastru-cture; Jamnagar-based power company Reliance Utilities and Power Ltd and Reliance Ports and Terminal Ltd.
Education loans: Banks to rate institutes
Banks may also rate students every year and fix interest rates according to the ratings.
PHOTOS: Most competitive cities in the world
There is no doubt that competition is increasing the world over, but there are cities that are more competitive than others.
SLOWDOWN: How India's key sectors fared in FY12
The Indian economy is estimated to grow by 6.9 per cent in 2011-12, after having grown at the rate of 8.4 per cent in each of the two preceding years.
Capt Gopinath has a solution for Kingfisher, Air India
These are troubled times for the 'King of Good Times', Vijay Mallya. His airline, Kingfisher has been hogging the headlines for all the wrong reasons.
PHOTOS: The world's most beautiful cars
There are some cars that are not just amazing to drive but also beautiful to look at.
|March 21, 2012|
|Why Budget 2012 is NOT bad for the Indian economy|
In an exclusive interview with rediff.com Gopalan replies back to the critics of the Budget presented by Finance Minister Pranab Mukherjee.
Renew US visa within 4 years, no interview required
The new rules will apply to those within categories of B1, B2, C and D.
IMAGES: Chevrolet Tavera Neo 3 BS IV at Rs 7.51 lakh
The engine of this car is now Bharat Stage IV compliant.
PHOTOS: Exactly how big is Apple?
As of July 2011, Apple had 357 retail stores in 10 countries.
Stunning PHOTOS of the Sydney Harbour Bridge
One of the world's most beautiful landmarks, Sydney Harbour Bridge has completed 80 years.
IMAGES: Secret behind Cognizant's success
Cognizant's success has come from its ability to learn how to change quickly and adapt rapidly.
When taxpayers are above the taxman
That's the case in some of the 17 retrospective amendments in direct tax laws
PHOTOS: The man who turned Bajaj around
Clear brand positioning is the key.
What about the price rise in Bengal Mamatadi?
Banerjee has already allowed one in power rates, besides making milk dearer.
PHOTOS: The magic mantra of Nestle
Thinking on its feet, Nestle has stayed ahead of rivals.
IMAGES: IT sector in India faces growth dilemma
Indian IT firms, with their focus on cost-saving and labour arbitrage deals will face intense competition from their better equipped global competitors who provide solutions across the value chain.
PHOTOS: Vodafone's tax battle far from over
SC dismisses review petition; govt waits for Finance Bill passage.
PHOTOS: DLF's foundation shaken by debt
With a huge debt burden of Rs 22,758 crore, DLF is scrambling to sell non-core assets to give itself some breathing room.
PIX: From April this year travel in Maruti Dzire taxis
The company has adopted a smart move here by not pulling out the original Swift Dzire.
IMAGES: India's top 20 profit making PSUs
India's first prime minister, Jawaharlal Nehru called public sector units 'the temples of modern India'.
PHOTOS: Brand Sachin pads up for advertising field
Sachin Tendulkar endorsed health drink Boost after his match-winning performance against England at Old Trafford in 1990.
|March 20, 2012|
|Kingfisher to suspend international flights|
Kingfisher Airlines on Tuesday decided to suspend all international flights from March 25 and further curtail domestic operations even as government warned the ailing carrier that its flying licence can be cancelled if it failed to meet safety norms.
Occupy protests: Are they more than a trend?
As a grand spectacle, of the kind that grabs headline news, 'Occupy' has indeed gone into the background even though the 'occupation' of Wall street continues at Union Square a few blocks uptown.
An energy sufficient India? A long road ahead
Today we are importing over 80 per cent of our oil needs which gets refined into kerosene, LPG, petrol, diesel, fuel oil, naphtha etc hence not only all our energy needs but also fertilisers and plastics needs are susceptible to international crude prices.
From the slums of Chennai he made it to the World Bank
The story of E Sarathbabu, a boy brought up in a slum in Chennai who turned into a successful entrepreneur, passing through, on the way, the corridors of BITS, Pilani and IIM-Ahmedabad has become legendary in India now.
Stunning IMAGES from an unfinished tourist attraction
Grand Canyon Skywalk is a transparent horseshoe-shaped cantilever bridge and tourist attraction.
Decline in poverty? RS dubs it as a ploy
Soon after the Rajya Sabha met for the day, members from Bharatiya Janata Party, Janata Dal-United, Bahujan Samaj Party, All India Anna Dravida Munnettra Kazhagam and the Left parties were on their feet seeking a discussion on the issue.
PHOTOS: Indian company among world's most-valued brands
Tata has moved up the ladder in a list of the world's most-valued brands.
PHOTOS: The stunning Embraer Legacy 650
Legacy 650 is a longer-range version of the Legacy 600 giving it a range capability of 7,223 km.
Pay hefty, become part of an IIM brand
Rs 25 lakh can make sure that the medal will bear individual or corporate donor's name for 10 yrs.
Why MF agents are laughing their way to the bank
According to a notification on Saturday, the "services rendered by a mutual fund agent or distributor to mutual fund or asset management company for distribution or marketing of mutual fund" form part of 34 items exempt from service tax.
Budget 2012: Which cars will cost MORE?
Your plans to bring home a dream vehicle may just have become a little more distant, with automobile manufacturers considering price increases to offset the impact of higher excise duty levied in the Union Budget.
India's Internet economy to touch Rs 11 trillion
Indian Internet economy represents 4.1 per cent of the gross domestic product.
New railway minister's qualification: Loyalty to Mamata
Roy's son Subhrangshu is also a Trinamool MLA from Bijpur constituency of North 24 Parganas.
Pranab 'confident' of keeping subsidies low
Critics call fiscal deficit projections ambitious; government to meet Opposition, chief ministers to discuss issues after Budget session
PHOTOS: Amazing cars that will hit the roads soon
Some of the biggest makers have announced stunning cars.
PHOTOS: Two Indian firms among most ethical in the world
There are many companies in the world, but not all do business ethically.
BEAT the HEAT with these frozen treats
The Rs 1,500-crore branded ice cream market (60 per cent of the Rs 2,500 crore market) has been evolving beyond the impulse purchases of stick, cups and cones.
|March 19, 2012|
|JetLite to be merged with JetKonnect|
JetLite was created in 2007, following the takeover of Air Sahara in April 2007.
Small clauses make life tougher for taxpayers
Though the annual light & sound show anchored by Finance Minister (called the budget) made a lot of sound but the light was not enough to show the way where the Indian economy is heading.
HC quashes criminal proceedings against Microsoft India
Justice Suresh Kait set aside the trial court order for initiating criminal proceedings against the website.
Poor service: Delhi, Hyd airports top complaint list
Over 2,800 complaints were registered at various airports for issues like poor service, bad food, lost luggage or other problems, with Delhi and Hyderabad topping the list.
PHOTOS: India and major nuclear-power producers
Nuclear power forms a big part of energy production in some countries.
How Pakistan economy can benefit from India?
For Pakistan's economic growth, it is important for the country to have more trade with India, a top World Bank official has said.
Tata Motors raises car prices by up to Rs 35,000
Under the passenger car division, the company sells small car Nano, hatchback Indica series and Indigo family of sedans.
IMAGES: Chevrolet to launch 5 cars in India this year
The list comprises three completely new car models and two upgraded versions of its existing cars.
Poverty dips to 29.8% in 2009-10: Plan Panel
Poverty in rural areas declined at a faster pace than in urban cities between 2004-05 and 2009-10, according to the Planning Commission estimates released on Monday.
Lifeline: Rs 4,000-cr bonanza to rescue Air India
Equity infusion of Rs 4,000 crore into Air India, proposed by Finance Minister Pranab Mukherjee in Union Budget 2012-13, will improve the debt-equity ratio of the airline to a level considered comfortable and help open the doors of banks for them.
PHOTOS: Getting paid to sleep in five-star hotels!
Almost all of us do normal jobs, but some are luckier than us.
'Let's not spend too much energy focusing on the Budget'
Interview with Montek Singh Ahluwalia, Deputy Chairman, Planning Commission.
The secret behind Cisco's bold networking start-up
The product they are discussing, called Insiemi, would be designed to work in high-end computer centres that use "software-defined networking."
Get ready to pay more for petrol from April
Even as automobile manufacturers are considering increasing the prices of their products, an increase in auto fuel prices is also imminent.
Meet Mukul Roy, the new Railway Minister
All eyes are now on the low profile Mukul Roy, Trinamool Congress general secretary and Minister of State for Shipping.
Markets need to understand the implications: R Gopalan
The markets tanked 209 points after Finance Minister Pranab Mukherjee tabled the Union Budget in Parliament on Friday. Economic Affairs Secretary R Gopalan defends the measures, saying the markets will need time to comprehend the measures.
PHOTOS: India's most stunning trains
India's luxury trains are among the world's best.
PHOTOS: Aerial shots of Dubai
Dubai is as a global city and a business hub.
PHOTOS: Apple's new stunning iPad
The new iPad Wi-Fi models will be available in black or white at price of $499.
PHOTOS: India most upbeat on hiring
More employers expect to hire than fire over the next three months.
|March 17, 2012|
|What they liked and disliked about the Budget|
'There is nothing really good about this budget. One will have to read the fine print to see what the Direct Tax implications are.'
Budget: These 20 services will be cheaper
Metered taxis, entry to amusement facilities, second-class rail travel, and betting, gambling and lottery will not attract the 12 per cent Service Tax, as per the budget proposal.
What is missing from the food security Bill?
The food security Bill's focus ignores changes in agriculture and eating habits.
What makes MPs cheer on Budget day
One thing is clear from watching MPs on the Lok Sabha's biggest day: the only thing that unites them is the words "outlay was doubled".
Wanted: A professional to bring Air India on track
It will require leadership with business experience, not a bureaucrat, for the loss-making carrier to get back on track.
PHOTOS: Stunning interiors of Boeing's 787 Dreamliner
Boeing 787 Dreamliner is a long-range, mid-size wide-body, twin-engine jet airliner.
Budget: The FM could have been bolder
The FM could have been bolder, but this is still a forward-looking Budget.
I'm ready to even bite the ballot: Pranab Mukherjee
More than merely being an economic balancing act, this was also about walking the political tightrope.
|March 16, 2012|
|In graphics: Budget-2012-13|
A graphic description of Budget-2012-13
Budget 2012: IT-BPO industry expressed disappointment
Software body Nasscom expressed its disappointment over the budget as it has no fresh proposals for the USD 100 billion Indian IT-BPO sector even as the industry's request to exempt SEZ income from Minimum Alternative Tax has been ignored.
Pranab: I must be cruel only to be kind
"The life of a Finance Minister is not easy. Various players, including policy makers, politicians, agriculturists and business houses, participate in the making of the economy."
Budget hikes AC, first class train fares further
Passengers travelling in all AC classes and first class will have to pay charges in addition to the recent hike in train fares with the General Budget on Friday bringing journeys in them under the ambit of service tax.
Invest in stocks, get tax exemption!
In order to increase retail participation in the capital market, Finance Minister Pranab Mukherjee on proposed a tax exemption scheme for new investors.
Government to infuse Rs 158 bn in PSU banks
The government said it will provide capital support of Rs 15,888 crore (Rs 158.88 billion) to public sector banks and financial institutions during the next fiscal to strengthen their capital base.
New tax slabs: How much you will SAVE?
Giving some relief to tax payers, Finance Minister Pranab Mukherjee on Friday proposed raising the income tax exemption limit for individuals to Rs 2 lakh per annum from Rs 1.80 lakh.
Govt proposes amendments in Income Tax Act
In a measure that will have far-reaching impact on foreign investment and the Vodafone case having a tax implication of Rs 11,000 crore (Rs 110 billion), the government proposed amendment in the Income Tax Act retrospectively from April 1, 1962.
Impact of taxes on YOUR income
Biggest beneficiaries would be people having income between 800,001 to 999,999 per annum.
Budget: A bandage for an amputee
A much stronger focus was required on irrigation and water management. The FM merely acknowledged that it was a problem.
Allies will be consulted on 'tough' decisions: PM
Against the backdrop of stiff opposition by UPA constituent Trinamool Congress to FDI in retail and rail fare hike, Prime Minister Manmohan Singh on Friday said the government will consult allies and take them on board whenever "tough" decisions are taken.
Left parties slam budget, say common man will be burdened
"The roadmap given by Finance Minister Pranab Mukherjee makes it clear that this budget will increase financial burden on common people," CPI(M) leader Sitaram Yechury told reporters outside Parliament.
Pranab quotes Kautilya and Shakespeare
Finance Minister Pranab Mukherjee made a quantum leap.
SHOCKER! Maruti, Honda, M&M to raise vehicle prices
Finance Minister Pranab Mukherjee on Friday announced raising of excise duty to 12 per cent from 10 per cent at present.
Budget gives boost to aviation sector
External commercial borrowings to the extent of USD 1 billion to be allowed for aviation sector for next year.
Govt allows lenders to raise Rs 60Kcr via bonds
Move is to encourage investment in the infrastructure sector.
Congress happy with the Budget, TMC dismisses it
Congress ministers on Friday hailed the General Budget as "balanced, thoughtful and forward looking" which would lay the foundation for fiscal consolidation but ally Trinamool Congress dismissed it as "status-quoist".
Service tax rate hiked to 12%
Telephone use, eat-outs and other activities will cost more.
India Inc calls Budget missed opportunity
Budget would have cascading impact on inflation and consumer demand.
Measures proposed for augmenting funds for SMEs
In order to augment funds for SMEs (Small and Medium Enterprises), Finance Minister Pranab Mukherjee, in the General Budget 2012-13 presented in Lok Sabha, has proposed to exempt capital gains tax on sale of a residential property, if the sale consideration is used for subscription in equity of a manufacturing SME company for purchase of new plant and machinery.
Govt trying to reach consensus on FDI
Government said consultations are on to arrive at consensus on allowing FDI.
Good news! FM offers tax sops for you
The Individual tax payer exemption limit to be raised to Rs 200,000 from Rs 180,000.
Opposition parties slam budget as anti-people
The Opposition parties on Friday slammed the Union Budget presented by Finance Minister Pranab Mukherjee as "anti-people", "lacklustre" and one that would increase the financial burden on the common man.
Budget 2012: Steps announced to check black money
Tax collection at source on purchase, in cash, of bullion or jewellery in excess of Rs 2 lakh is one step announced.
Amendments to FRBM Act
Two important features are Effective Revenue Deficit and Medium Term Expenditure Framework.
Budget: What is cheaper, what is costlier
A look at things whose prices will change post Budget.
Fiscal deficit at 5.9 per cent of GDP
Government determined to bring down fiscal deficit to 5.1 per cent of GDP next fiscal.
Budget 2012: Substantial hike in defence budget
Rs 193,407 crore provision made for defence services in 2012-13.
Govt to fully provide for food subsidy, food security act
Food Security Act will be fully provided for and subsidy to be 2 per cent of GDP for next two years.
Budget 2012: Agriculture sector to get sops
India will become self-sufficient in urea production in five years.
External borrowing up to $1 billion in aviation sector
External commercial borrowings to the extent of USD 1 billion to be allowed for aviation sector for next year.
Economy is now turning around, says FM
Economy is now turning around, manufacturing appears to be on revival, says FM.
GDP to grow by 7.6 per cent in 2012-13
Finance Minister Pranab Mukherjeet presenting the 2012 Budget said the GDP to grow by 6.9 per cent in 2011-12.
20 interesting facts about the Budget
India has had 28 finance ministers since independence.
Budget 2012: A few tips for the FM and PM
There is one unenviable job out there that Pranab Mukherjee is doing and the rest of the country is up in arms to judge his performance.
Economics vs politics: Mamata shocks India Inc
Mamata-wary corporate heads hope economics wins over politics in Budget.
High fiscal deficit weighs on market
Overnight, the Dow Jones industrial average rose 0.4% to 13,253 and the Standard & Poor's 500 Index advanced 0.6% to 1,403 at close.
What Pranabda will bring in his briefcase
Last Minute Preview of Budget 2012
An aam aadmi's open letter to India's finance minister
Need to classify clinics as industries.
Letter to the FM from a salaried employee
Find out what a salaried person wants from the finance minister.
Budget 2012: Tax payers may get some relief
Tax payers will be looking forward to some relief from Finance Minister Pranab Mukherjee who is expected to raise the income tax exemption limit to at least Rs 2 lakh in his budget proposals.
COLUMN: Budget is a big test for the UPA govt
The finance minister has to present a Budget that will revive investor confidence, restore fiscal balance and rescue the electoral prospects of his badly battered party.
SPECIAL: Is the Budget only about taxes?
First thing an average citizen thinks about before any Budget is about income tax.
What has Budget 2012 in store? Ganesha PREDICTS!
Expectations are always high from the Budget, but this year the expectations are even higher due to an increase in inflation as well as a widening fiscal deficit.
Budget Highlights: Tax sops, but costlier services
Finance Minister Pranab Mukherjee presented the Union Budget for 2012-13 on Friday.
|March 15, 2012|
|Tepid growth in tax mop-up; SBI, LIC, TCS lead the pack|
The initial numbers for the last installment of advance tax payment on Thursday by top corporates based in the financial capital present a tepid growth in the levy mop-up, with banking and financial institutions leading the pack.
INFOGRAPHICS: The state of Indian economy
India 4th largest economy, yet low per capita income.
IT sector, the biggest job creator in FY12
The job market has emerged unscathed from a slowdown in the economic growth rate and the country has maintained an upward trend in hiring activities continuously for about three years, the Economic Survey 2011-12 said on Thursday.
Indian economy to bounce back in FY13
Suggesting a rebound, the government has projected the economy to grow by about 7.6 per cent in the next fiscal, up from 6.9 per cent estimated in 2011-12 on the back of declining inflation and softening interest rate.
National Telecom Policy to be in place by June
"Draft of the policy was circulated in 2011 for consultation with various stakeholders. Views/comments from these stakeholders have been received and the same are under consideration. NTP is likely to be in place by June 2012," the Survey said.
India 4th largest economy, yet low per capita income
India has become the fourth largest economy in the world due to a strong economic growth but still has a low per capita income, the Economic Survey revealed.
Govt bullish, GDP growth pegged at 7.6% for FY13
Following are the highlights of the Economy Survey 2011-12, a report card of the Indian economic scenario.
In pix: The SUCCESS story of Kalyan Jewellers
T. S. Kalyanaraman is the Chairman and Managing Director of Kalyan Jewellers, the largest jewellery chain in India with a turnover of Rs 8,500 crore (Rs 8.5 billion) this year.
A mountain railway that existed 125 years ago
Meghalaya does not have a rail link at present but around 125 years ago people from this quaint hill-station made memorable journeys on one of the most romantic mountain railways of the world the Cherra Companyganj State Railways (CCSR).
World Bank extends $4.3 billion aid to India
This arrangement, while facilitating a $4.3 billion increase in support to India, is designed to maintain IBRD's net exposure within the limit of US$ 17.5 billion established by the IBRD for lending to a large, highly creditworthy borrower like India.
RBI keeps key rates unchanged, pegs GDP at 6.9%
The Reserve bank of India has kept the repo rate and reverse repo rates unchanged in its mid-quarter review of monetary policy announced on Thursday.
PHOTOS: Indian among richest bankers in the world
Some bankers in the world are really wealthy.
Mamata stops Trivedi in his tracks
Trinamool Congress sacks minister for raising passenger fares by 8-22%.
'Indian Railways was headed for ICU, I pulled it out'
In an interview with Business Standard, Railway Minister Dinesh Trivedi says if there is no rise in fares, the Indian Railways would come to a grinding halt.
IMAGES: These 13 swanky SUVs will soon be in India
Right now, MPVs along with SUVs comprise about 15 per cent of the entire passenger car market in India.
Mukul Roy to be India's new Railway Minister
PMO officials said while they had got a request from Trinamool Congress MPs for a meeting with the PM, no letter recommending Trivedi's replacement had been received till late Wednesday night.
IMAGES: New Ford Fiesta Ambiente at Rs 7.23 lakh
The company has got six variants in total -- two petrol variants, two diesel variants and two automatic variants.
|March 14, 2012|
|Rail fare hike: How much your ticket will cost now|
Union Railway Minister Dinesh Trivedi on Wednesday announced a marginal hike in passenger fares.
Montek hails Railways move to create tariff body
Plan panel Deputy Chairman Montek Singh Ahluwalia welcomed the initiative to set up a Rail Tariff Regulatory Authority for rationalising fare and freight rates, in the Railway budget.
Indian Railways to borrow Rs 15,000 cr in 2012-13
The Indian Railways will borrow Rs 15,000 crore (Rs 150 billion) from the market through its dedicated financing arm IRFC in the 2012-13 fiscal, Railway Minister Dinesh Trivedi said on Wednesday.
Railways' gift for you: 75 new Express Trains
Union Railway Minister Dinesh Trivedi said the new Express Trains would include 9 AC Express Trains including double Decker Express Trains between Chennai-Bangalore and Habibganj-Indore.
India Inc is impatient for reforms
We are already seeing pressure of inflation, we also seeing slowdown in manufacturing, hope excise rates are not increased because that will get passed to the consumer.
Rail Budget forward-looking: PM
Prime Minister Manmohan Singh on Wednesday hailed as "forward-looking" the Rail Budget which has proposed hike in passenger fares in various ranges in different categories.
Mamata livid, demands roll back of rail fare hike
A team of Trinamool Congress Members of Parliament met Railway Minister and party colleague Dinesh Trivedi soon after he presented the Railway Budget in which he proposed to hike fares across all classes.
Here's some good news for the ailing aviation sector
The airline industry was impacted last year by the global economic slowdown but the growing Indian and Chinese markets are expected to help boost the sector, Civil Aviation Minister Ajit Singh said.
Yashwant, BJP flay Rail Budget
Sinha, a former Finance Minister, said the hike put a 'big burden' on the people as it is 'steep'.
RBI unlikely to cut key rates tomorrow: Bankers
The possibility of key policy rate cut is not bright as industrial output grew by 6.8 per cent in January against just 2.5 per cent in the previous month.
A look at the Bills under discussion
The Budget session of Parliament started Monday with the President's address.
How to manage diversification in a portfolio?
Mutual funds have emerged as an ideal option for investors to achieve diversification. Apart from being a diversified investment vehicle, these offer a variety of funds within an asset class.
What Aamir Khan WANTS from Pranab
The Union budget would be presented this Friday.
PHOTOS: India's best railway stations
The Indian Railways has one of the busiest railway networks in the world.
Rail Budget: Investment in 12th Plan=Rs 7.35 lakh cr
Railway investment in the 12th Plan to be Rs 7.35 lakh crore
Passenger fares HIKED across all classes
Train fares have been hiked by 5 paise per km for Sleeper Class, Union Railway Minister Dinesh Trivedi announced on Wednesday.
Amenities: Passengers to get a good deal
Union Railway Minister Dinesh Trivedi in his maiden Budget announced passenger amenities worth Rs Rs 1,112 crore in 2012-13 as against Rs 762 crore in current year.
800 km of lines to be converted
All meter gauge, narrow gauge sections to be made broad gauge.
Rail Budget: A huge emphasis on safety
Railway Safety Plan for 12th Plan would be Rs 16,842 crore (Rs 168.42 billion), the Railway Minister informed the Lok Sabha.
Pay more for fares, get a modern rail network
Railway Minister Dinesh Trivedi present the Railway Budget on Wednesday.
SPECIAL:Why healthcare sector is upbeat about telemedicine
From Apollo to Narayan Hrudayalaya, healthcare outfits eye the segment as the next big growth opportunity, but they may have to wait for it to become solidly profitable.
Rail Budget: Annual Plan put at highest ever Rs 60,100 crore
The Annual Plan for Railway for 2012-13 is put at highest ever Rs 60,100 crore (Rs 601 billion).
Rail Budget: 487 UNFINISHED projects, says Trivedi
Trivedi presented the Railway Budget in the Parliament on Wednesday.
We'll tap regional partners: Kiran Mazumdar-Shaw
Biocon chairperson and managing director Kiran Mazumdar-Shaw is in a firefighting mode, as the company she founded was forced to call off a blockbuster deal with global pharmaceutical major Pfizer.
Par panel on DTC suggests wider Income Tax slab
Wants investment limit for tax savings schemes be increased to Rs 320,000
SPECIAL: RBI should avoid a self-goal
The bank risks losing credibility if it cuts rates this week despite rising crude oil prices and uncertainty over fiscal discipline.
Railways plan to hire 150,000
With 1.36 million employees, the railways are one of the biggest employers in the country, and constitute 28 per cent of the total central government employees.
What next for Greece and the troubled euro zone?
Like a cancer patient in remission, Greece now greets every little victory with disproportionate joy, in the knowledge that it has only postponed the inevitable.
Mamata's big rail plans FAILED to take off
Some say it is time to decongest the existing line infrastructure and cater to the supply shortage of rolling stock to meet the demand for bulk commodities such as coal, cement and foodgrains.
Markets end firm amid volatile trade
BSE market breadth is positive. Out of 1,509 shares traded, 1,073 shares have advanced while 378 shares have declined in trades.
Historical and iconic PHOTOS of Indian Railways
Railways were first introduced to India in 1853.
India's tryst with the STUNNING Boeing Dreamliner 787
All eyes will be on the Boeing 787 as it will land in the city on Wednesday morning marking its debut on the Indian soil.
|March 13, 2012|
|Recession: Moving IMAGES reveal the dark side of US|
Unemployment and income inequality are increasing in the United States.
Fare hike in Rail Budget looks remote
The Rail Budget to be presented tomorrow may continue with the practice of not raising the fares and freight rates but the possibility of imposition of a safety cess may not be ruled out, at least on the higher class fares.
PF accounts to get lower returns this year
Around 61 million subscribers of the Employees Provident Fund Organisation (EPFO) are likely to get lower returns on their deposits this year.
Next phase of village banking likely to start
After coming close to the target of providing banking facilities in 73,000 villages with population of more than 2,000, the next one for banks will be to cover 120,000 villages with population between 1,000 and 2,000.
PHOTOS: Biggest tax havens in the world
There has been a lot of talk about tax evaders stashing their wealth in tax havens around the world.
Miles to go before India gets Pak's MFN status
It would be quite a strenuous journey for India before it obtains the much-awaited most favoured nation (MFN) trade status from Pakistan next year. India would not be allowed to immediately start exporting the remaining tariff lines yet, even as Pakistan's Cabinet has given its approval to shift towards a negative list containing 1,209 items.
Mitsubishi plans global small car hub in India
The company is far behind its aggressive Japanese competitors, selling only 4,000 vehicles annually.
PHOTOS: Biggest tea producing countries
Is India the biggest tea producer in the world?
Hedge fund threatens to sue Coal India's board
Second largest shareholder wants public commitment to have market-linked coal prices
Miles bought from Kingfisher: Banks have nowhere to fly
Banks stuck with miles purchased from Kingfisher Airlines, halt fresh buys
PHOTOS: World's 10 richest tech billionaires
These tech wizards transformed the IT sector with path breaking innovations.
|March 12, 2012|
|Car sales rise, price hike likely post-Budget|
Car sales in India grew 13.11 per cent to 2,11,402 units in February as customers rushed to buy vehicles fearing rise in prices post the Union Budget, to be presented this week.
IMAGES: New Mitsubishi Pajero launched at Rs 23.53 lakh
The sizzling hot Mitsubishi Pajero Sport is powered by 175 PS 4000 Nm 2.5 L diesel engine.
H-1B visa issue: Silicon Valley fumes
No Republican lawmaker dares cross Norquist, as the majority of them signed on to his Taxpayer Protection Plan, where they pledge never to vote for any legislation to increase taxes.
Coming soon: New Maruti Ertiga and Pajero!
Amidst the increasing demand for the utility vehicles in Indian automobile industry, leading car makers are gearing-up to launch their new age SUVs/MPVs in the Indian car market.
SPECIAL: How will the Budget impact your investments?
The Budget changes how much money we take home every month, what we save and how we invest our money.
Government to award road projects for 7,000 km this year
According high priority to infrastructure development, the government will award projects for construction of at least 7,000 km of roads this year, President Pratibha Patil said.
Industrial growth rebounds to 6.8% in January
IIP growth has been revised upwards to 2.5 per cent in December, from the provisional estimates of 1.8 per cent.
Why Railway modernisation needs to get on track
The search for a 'perfect decision' derailed a 2006 plan to build diesel and electric locomotive factories under the PPP model.
Photos: STUNNING cars that will make you drool!
Take a look at the flashy cars on display at the Geneva Motor Show.
CRR rate cut welcome, but is it enough?
This cut was welcome not just for its well-planned timing, but also for its relative size; the RBI has, too often, moved with baby steps when strides are called for.
Bull rally missed: Sour grapes?
Institutional buying/selling activity shows domestic institutions were aggressively selling, whereas foreign institutional investors were seen lapping up stocks.
How cloud computing can transform your business
The potential of cloud to transform business enterprises is increasing as cloud computing gains traction with a variety of organisations and user groups across the globe.
IMAGES: World's least corrupt nations; India ranked 95!
The Corruption Perceptions Index ranks countries and territories according to their perceived levels of public sector corruption. It is an aggregate indicator that combines different sources of information about corruption, making it possible to compare countries.
Don't want to miss cricket match? Watch it on mobile!
With boom in mobile video on demand, India has now over 200 million video views a month on mobile devices, the average duration of clips viewed being 1-3 mins.
There's room for a 50-bp rate cut, says SBI chief
State Bank of India Chairman Pratip Chaudhuri says though Friday's cash reserve ratio cut will help ease short-term rates, liquidity may continue to be tight and, hence, a further 25-bp (basis point) cut in CRR can be expected.
Plan to buy a tablet? Check out these six
Apple has released its latest device, 'new' iPad, that also brings 4G capabilities along with a host of software upgrades.
PHOTOS: World's 20 economic superpowers
The United States reigns supreme as the world's economic superpower.
How social media helps you to bond with staff
Employees are increasingly becoming more active and vocal for solving everyday issues as well.
PHOTOS: 10 cool cars that are also fuel efficient
Car owners looking more and more for fuel-efficient vehicles.
|March 09, 2012|
|Eleven companies call off IPOs in 2012: Report|
At least 11 firms have called-off their Initial Public Offer (IPO) plans since the beginning of 2012, even as the country's largest commodity exchange MCX today made a stellar debut in the stock market after a highly-successful IPO last month, a report has said.
REVEALED! 10-yr-old tax evasion cases may reopen
Greater focus on international transactions.
Tax exemption to be hiked to Rs 3 lakhs soon?
In its report, which was submitted to the Lok Sabha Speaker Meira Kumar on Friday, the Standing Committee on Finance suggested that the wealth tax limit be pegged at Rs 5 crore (Rs 50 million), while the Securities Transaction Tax be abolished.
IMAGES: 3 new rivals for Maruti Swift will soon be here
Apart from the cut-throat competition it gets from Ford Figo, Chevrolet Beat, Nissan Micra, Hyundai i10 and Toyota Etios Liva, Swift will need to compete with a few more rivals soon.
PHOTOS: Mercedes-Benz launches City Bus
Mercedes-Benz has announced its foray into the city bus segment in India.
PHOTOS: Cities where rents are sky-high for expats
Rents are a big expenditure both for citizens and expatriates.
Want to access your computer from anywhere? Try iTwin
Lux Anatharaman designed iTwin, a cable-less cable, which has two identical USB drives with which you can access files kept remotely in a PC. The idea behind iTwin is, "to make remote access simple and secure."
Citi's Pandit gets $15 million package for 2011
As per a regulatory filing by Citi, Pandit's pay package for 2011 included a salary of $1.67 million, a cash incentive of $5.33 million and stock options valued at $7.98 million, totalling to $14.98 million.
PHOTOS: Historic look at how people used to travel
There was a time when people used to travel by horse-driven carriages.
Apple cuts iPad-2 prices 17% to Rs 24.5K
It will take on Samsung Galaxy Tab models that start at about Rs 24,000.
Is the Aadhaar card really of any use?
It is not clear if banks will accept the card for opening accounts.
IMAGES: 20 nations with the largest gold reserves
China and India remain the cultural heartlands of gold, generating 55 per cent of global jewellery demand and 49 per cent of global demand, says the World Gold Council.
PIX: Iran crisis to hit 10 oil-starved nations
An oil crisis is set to further hit the fragile global economy.
IMAGES: JLR to launch more than 30 cars in 5 years
Some of the new products targeted at launch are the all-new Defender.
IMAGES: Over 4% of the world's richest are Indians!
Forbes said this year's 1,226 billionaires are a record high, up one per cent from last year's total.
|March 07, 2012|
|Rein in prices, say homemakers|
Finance Minister urged to work on alternative modes to lower inflation and help families save more
AI pilots warn they will keep away from flying duties
Protesting delayed payment of salaries and allowances, a section of Air India pilots today warned they would not undertake flying duties from April one if their dues were not cleared by then.
Realty focus to shift from Noida to Lucknow
While Noida and Greater Noida, next to Delhi, had gained in prominence under Mayawati as the Uttar Pradesh chief minister, Lucknow would get the same treatment now, experts said after the results to the five state elections were announced.
Infosys to hire 5,000 people for its new Hyderabad campus
Infosys Limited is planning to double the current strength by recruiting 5,000 people at its 448-acre Pocharam campus here by the end of this calendar year.
Room for reforms gone, but some see hope in Budget
India Inc's mandate after poll results
IN PIX: 11 Indians among Young Global Leaders
For 2012, the forum has selected 192 YGLs from 59 countries.
With mounting LOSSES SpiceJet is caught in air pocket
It has posted losses in four consecutive quarters as higher operating costs wiped out revenue gains.
Photos: STUNNING cars you would love to drive!
Take a look at the mind blowing cars at the Geneva Auto Show.
Why RBI must set a rupee band
The RBI should develop a plan for forex markets without worrying about its inflation-fighting reputation.
Embattled Europe is now a fan of offshoring
Hobbled by the European crisis, countries like France and Germany who once fiercely resisted offshoring IT jobs are increasingly doing so, sending coveted contracts India's way.
UNVEILED! Tata Megapixel and 5 other stunning cars
Tata Motors, a regular at the Geneva Motor Show, has shown several concepts that have eventually turned into production realities.
IMAGES: 2 Indian companies among world's most ADMIRED
While the global rankings of the Indian companies are not available, the list does give their overall score.
Which is BETTER? The new Xylo or Tata Storme
While Mahindra Xylo has already hit the showrooms, Storme is likely to be available by March end or early April.
IMAGES: Ford may launch B-MAX in India also
This may be a part of the eight new products planned for India.
|March 06, 2012|
|Oil cos want petrol price HIKED by Rs 5/litre|
Oil firms had last revised petrol prices on December 1.
Nano to have more power, variants: Ratan Tata
Tata Group head Ratan Tata said on Tuesday he has set higher ambitions for the Nano car which will be available in more variants, including diesel and electric versions.
Bangalore airport turns the heat on L&T over runway
Invokes maintenance warranty for having to relay surface within 4 years; work to begin this weekend
What Mamata plans to do to keep Infy, Wipro in Bengal
According to officials in the state IT department, as part of the 2009 incentive scheme, the sop is currently available for all IT companies looking to set up or expand base in Kolkata.
Indian Railways need to modernise. But, how?
Indian Railways (IR) seems to be caught in a time warp, kept there by successive ministers who have played to the gallery by announcing more and more new passenger trains without caring what this will do to the congestion in the network and the efficient carriage of revenue-earning freight traffic.
Why you must BUY your dream diesel car NOW
About 45 per cent of car sales since October have been diesel, but the capacity has been constrained.
Get ready for higher medical, car insurance premiums
To reduce costs, take advantage of the no-claim bonus, buy top-ups or shop a bit.
3 suitors eye Kingfisher Airlines stake
Private equity majors interested in buyouts have started initial discussions with promoter Vijay Mallya.
|March 05, 2012|
|SPECIAL: Seed festival and India's food politics|
Activists have expressed dismay at the manner in which the Prime Minister discounted the democratic process that led to the Bt Brinjal moratorium.
India ranked 30th for women presence on companies' boards
Women account for over 30 per cent of total workforce of India Inc, but their presence is very low at less than 7 per cent when it comes to the board-level positions at the Indian companies, a survey has found.
United Spirits, the next shaky ground for Mallya
Brewing billionaire Vijay Mallya's woes seem to be compounding. His flagship spirits arm, United Spirits Ltd (USL), is starting to mirror Kingfisher Airlines.
PHOTOS: Fastest trains in the world
Trains have gone through a complete transformation.
Work well, get reward points from your employers
The employees are referred by a superior, based on their performance/behaviour. The company has been doing it to encourage the best performing employees through gifts, apart from cash incentives.
Is this a make or break budget for India?
There is immense hope that the FM will help turnaround the tepid sentiment in the country.
DON'T MISS! 25 biggest hydro-electric power stations
We present here a list of 25 biggest hydel power stations of the world.
China lowers its GDP target for first time in 7 years
Facing an economic downturn due to steady fall in exports, China, the world's second largest economy, for the first time in seven years today scaled down its GDP growth target to 7.5 per cent this year from last year's eight per cent.
LIC losses may be passed on to policyholders
Notional losses on insurer's PSU shopping spree at Rs 3,038 crore (Rs 30.38 billion) or 25 per cent of investment.
Battleground: Who will win Samsung or Nokia?
Smart phone leader Samsung is following a multi-platform strategy to win over the Indian mobile phone market; Nokia has upped the ante with differentiated products.
PHOTOS: The 15 richest countries in the world
There are some countries in the world that are really rich.
IMAGES: Mahindra plans to launch 5 great cars this year
Also on the list is a next-gen electric car from the Reva stable.
Home prices in Mumbai may FALL on launches, inventory
Fresh rules to trigger a number of project launches in the metro, say analysts.
MUST READ! All you want to know about espos
Esops are considered perquisites from a taxation perspective. If you are employed with the company at the time of exercising, then the perquisite amount would be added to your salary and subject to tax deducted at source as per the slab rate applicable.
|March 02, 2012|
|IndiGo to hike flight frequencies on its routes|
No-frills carrier IndiGo Airlines on Friday said it will increase frequencies on the domestic and international routes this summer as it adds nine aircraft to its fleet by the year end.
SPECIAL: China's $22 trillion time-bomb
China's growth model is based on the oldest rapid economic growth hormone available: debt.
Nokia's hopes ride on Asha
The company's overall share was sliding -- its market share stood at 49.3 per cent in 2010 -- and Korean competitor Samsung had dislodged it from the top slot in the aspirational smart phone segment in November 2011.
Meet India's most powerful businesswomen
They have played an important role in India's economic rise. Some of these women are founders, while others have taken up key roles in family-owned business, while some have scaled up the executive ladder.
The SBI chief and his crown of thorns
Worst quarter in a decade, fund crunch, Fitch downgrade and messy NPAs. . . he has had little to cheer about
Nano-bitten Bengal twice shy, won't drive away Infy, Wipro
West Bengal is having a rerun of the Nano episode, but this time it doesn't want the lead actors to exit the stage prematurely. The government is ready for whatever manoeuvres it takes to retain Infosys and Wipro projects in the state.
DON'T MISS! World's 10 biggest employers
CNBC recently came up with a list of world's biggest employers.
Indian CEOs inching closer to global salaries
The average salary of Indian chief executive officers is inching closer to their global counterparts.
REVEALED! How India's mobile market fared in 2011
India's mobile-phone market grew to 183 million handsets in 2011.
IMAGES: 10 hot cars that will be launched in 2012
Despite efforts by carmakers such as Ford, GM and Nissan to aggressively expand their Indian operations, domestic automakers continue to dominate the market.
World's most luxurious electric cars
Here are some cars, we feel will surely make you stop and think about investing in electric cars, if you haven't done so far.
PHOTOS: Countries with most foreign exchange reserves
Foreign exchange held by a nation is one way to measure a country's economic power.
IMAGES: World's 30 largest ships
We present here a list of 30 largest ships of the world.
|March 01, 2012|
|Nine Indian women in Forbes' Power Businesswomen list|
ICICI Bank CEO and MD Chanda Kochchar, Biocon founder Kiran Mazumdar-Shaw and film producer Ekta Kapoor are among the nine Indian women named in Forbes magazine's inaugural 'Asia Power Businesswomen list'.
Exports GROW 10.1% in Jan to $25.34 billion
Imports grew at a faster rate of 20.25 per cent to $40.1 billion.
Microsoft unveils Windows 8
Microsoft Corp unveiled the first widely available test version of Windows 8 on Wednesday, giving the public the first chance to try out the slick, new-look operating system it hopes will restore the company's fading tech supremacy.
Which car to buy? Ford Fiesta or Honda City
It's earlier prime contender, Honda City, is already in the market now loaded with automatic gearbox.
Good News: India's unemployment rate falls to 6.6%
Government on Thursday said unemployment rate in the country has declined from 8.3 per cent in 2004-05 to 6.6 per cent in 2009-10 despite global slowdown because of the success of the employment policies.
Harvard B-school has a new address in Mumbai
US-headquartered Harvard Business School (HBS) has finally found an address for its executive education classroom in India. The B-school, beginning this March, will offer executive programmes at the Taj Lands End, at Bandra, in suburban Mumbai.
'Going back to 6.5% growth is leading to anxiety'
Vikas Khemani, President & Head-Institutional Equities, Edelweiss Securities, feels Finance Minister Pranab Mukherjee could really make Union Budget 2012-13 an important one.
Walmart to sell Hero bicycles worldwide
Breaking the near monopoly of Chinese bicycle manufacturers, the Pankaj Munjal-promoted Hero Cycles has clinched an agreement with Walmart, the world's largest retailer, to supply bicycles across the world. It will supply bicycles priced at $200 (roughly Rs 10,000) apiece.
New, faster Apple iPad expected next week
Apple Inc is hosting a media event next Wednesday, where it is expected to unveil a faster, better-equipped version of its popular iPad tablet to thwart increasing competition from deep-pocketed rivals such as Amazon.com Inc.
Why is RBI caught between inflation and slowdown
As GDP growth falls below the new normal, rate cuts seem inevitable.
Mahindra may cut expansion plans if diesel tax is imposed
An expected drop in sales may prompt Mahindra & Mahindra to cut scheduled capacity expansion plans, if the government goes ahead with the imposition of additional tax on diesel vehicles, according to the country's biggest maker of sports utility vehicles.
Political system will not allow reforms
Nirmalya Kumar discusses innovation happening in India, marketing tools and stalled reforms in an interview with Faisal Kidwai.
PHOTOS: See the world in this yacht for $12,700 per day
Price tag for the trip is $1.6 million per couple.
IMAGES: 20 best nations for doing business
To maintain a strong and mature economic growth, countries around the globe are focusing on attracting foreign investments. For this, many nations are working on developing easy policies and laws for foreign investors.
MUST READ: 30 countries with highest proven oil reserves
We present here a list of countries with highest proven oil reserves.
Meet the man who heads India's most vibrant think tanks
Intellectual freedom lies at the heart of successful academic institution-building, says Pratap Bhanu Mehta, President And Chief Executive, CPR
PHOTOS: Most expensive hotels in the world
While all luxury hotels are expensive, there are some that are really expensive.
|February 29, 2012|
|2G licence cancellation: Tata seeks SC verdict review|
The petition seeking review was filed nearly a month after the apex court on February 2 had cancelled 122 2G licences granted to nine telecom companies including Tata Teleservices Ltd, based on the first-come-first served policy for 22 circles.
SHOCKER! GDP slows to 6.1%, lowest in 11 quarters
The gross domestic product growth the in third quarter (October-December) last fiscal was 8.3 per cent, as per the latest data released by the government on Wednesday.
Key Pak ministries OPPOSE liberal trade with India
The commerce ministry recently announced that it intends to switch over to a small negative list for trade with India by the end of February and to phase out this regime by the end of the year.
Niche talent is name of game for IT firms
The Indian IT sector is increasingly preferring candidates with expertise in niche areas like mobile technology, data analytics and SAP over others.
Bangalore absorbs 3rd of India's commercial space
Powered by strong demand from IT and related sectors, Bangalore is seeing a record absorption in commercial and residential segments amid a sharp fall in demand seen in key property markets such as Mumbai and the national capital region (NCR).
What happened to the Rs 94K cr that Indian NGOs received?
It is time the government woke up to the risks that uncontrolled foreign monies flowing to Indian NGOs pose to India's economic progress, social cohesion and national integrity.
Smartphones with Intel logo from April
The Intel Inside logo, which consumers have always seen on laptops and PCs, will now be seen on smartphones, too. In April, mobile vendor Lava International will launch its first smartphone in India based on the Intel processors, expected to be priced around Rs 25,000.
Kingfisher cannot be closed down because of losses: Ajit
Bank chiefs have been quoted as saying that Kingfisher would need to arrange fresh equity of Rs 1,000-2,000 crore (Rs 10-20 billion) before seeking additional funds from the consortium of banks, led by the State Bank of India.
2G licences: Govt ready with 3-pronged plan
A government group under the chairmanship of Finance Minister Pranab Mukherjee has broadly accepted a Department of Telecommunications (DoT) proposal favouring a three-pronged strategy to deal with the challenges arising out of the Supreme Court order cancelling 122 telecom licences.
Railways may stray on to deficit track next year
The Indian Railways is set to record a marginal surplus in the current financial year -- much lower than the Rs 5,258 crore (Rs 52.58 billion) budgeted in February 2011. But, the fall is only a trailer, considering the country's largest passenger and goods transport network is likely to go into deficit next year.
US court upholds case against L&T Infotech
Lawsuit has been brought on behalf of Deepa Shanbhag and 1,500 past and present women employees.
PHOTOS: Top jewellery outlets in the world
There are many jewellery retailers in the world, but not all are famous.
PHOTOS: Amazing toys of billionaires
Billionaires have it all - from supercars to exotic islands to coolest toys.
PHOTOS: This is what Donald Trump bought for $150 mn!
Trump has bought the Doral Golf and Spa Resort in Miami for $150 million.
PHOTOS: India's top 24 trading partners
India has booming trade with many countries across the world.
IMAGES: 16 top museums of the world
In this slide show, we present 16 top museums of the world.
Ford Ecosport vs Renault Duster. Which is BETTER?
Both Ford Ecosport and Renault Duster were unveiled at the 2012 Auto Expo held in New Delhi in January.
|February 28, 2012|
|Trade unions strike; transport, banking hit|
Operations like deposit, withdrawal as well as clearing were affected in public sector banks, including largest lender State Bank of India.
IMAGES: The Rs 8.99 lakh Ford Fiesta Automatic launched
New Ford Fiesta will give firm competition to others in the C segment.
India is still waiting for an electric start
government is expected to roll out a policy for hybrid and electric vehicles (xEV) this April after over a year of consultations.
Stunning IMAGES of the world's best hotel
It has been voted as the best hotel in the world by Conde Nast Traveler magazine.
Why Pranab needs to change India's subsidy regime
Budget ideas from industry are irresponsible
'India is more than just a research power centre'
There is a dramatic shift in which even the smallest denominator in tier-2 cities are using adobe products and since there is such a low penetration across the country's small cities, the opportunity is only going to rise.
Now, drive cars built on cornstarch
A specialised team at Tata Motors, the country's largest automobile producer, is using cornstarch in the making of body parts for cars.
Automobile sector: Taxing times ahead
Market expects FM to be selective in imposing levies in Budget FY12-13.
PHOTOS: These 17 smartphones, tablets are the next wave
Some dazzling mobile phones have been launched at the Barcelona World Congress in Spain.
PHOTOS: World's major producers of electricity
Demand for electricity is increasing all over the world.
PHOTOS: Indian among Silicon Valley's youngest CEOs
Technology world is witnessing massive changes, and it is mostly youngsters who are driving these changes.
IMAGES: 8 superb cars that will make you drool
A jury panel of 59 automobile journalists will unveil the car of the year for the first time in Geneva.
|February 27, 2012|
|Petrol, diesel prices may go up after polls|
State-owned oil companies are losing about Rs 4 per litre on petrol, industry officials said.
If you can't stand the LPG limit, build another kitchen
Having failed to align cooking gas prices with the market and limit the number of subsidised cylinders to consumers, the government is now trying to curb the misuse of multiple connections in households.
China's GDP set to fall, economy needs reforms: World Bank
A report prepared by World Bank in coordination with Chinese experts said China has reached a 'turning point' in development but it could still emerge as the world's largest economy before 2030 if it carried structural reforms.
Kingfisher turns to foreign carriers for rescue package
Kingfisher Airlines, owned by Indian liquor baron Vijay Mallya, is in talks with two foreign carriers, including International Airlines Group (IAG) -- the owner of British Airways and Iberia -- for a potential rescue package, a report said.
Bloodbath on the bourses! Sensex down 478 points
The market breadth in BSE remained dismal with 2,210 shares declining and 649 shares advancing.
Mamata's appeal to keep life normal tomorrow
Assuring of steps to keep life normal during the strike on Tuesday, Banerjee said that the state government's measures had been intimated to the Calcutta high court also.
How Godrej is writing a new story
The recent changes at the Godrej Group are not just cosmetic they are a result of strict prioritisation and better listening.
Moving PHOTOS: Impact of Europe's financial crisis
Many in Europe are finding it difficult to survive the harsh economic times.
India will be world's 3rd largest economy by 2030
There would be 'no surge in energy demand as India industrialises.
IMAGES: These 3 cars will have automatic gearbox
But things are changing fast as more and more carmakers are keen to launch cars with automatic gearbox in the 'affordable segment'.
Take a loan, don't drain savings
This way you not only end up owning a house but also maintain a healthy bank balance for future needs.
Budget team: Mix of old & new faces
For all five secretaries in the finance ministry, this will be the first Budget in their existing capacity.
Nuclear power will play big role in India's growth
India's energy consumption profile is varied.
App Alert: It might just be a Trojan horse
Malware and fake apps are passe. Attackers are now targeting users by faking the entire app store itself.
Aakash: Not quite reaching for the sky
If private players do not come out with student-specific content, the device may take some time to soar.
PHOTOS: Air India's 787 dream unlikely to take off
Price appreciation since the aircraft order in 2005 could yield Rs 7,200-crore gain.
IMAGES: How fast is Internet around the world?
A study conducted by Pando Networks reveals the speed and reliability of Internet connections around the world with some surprising findings.
From coins to notes: AMAZING journey of Indian money
One of the earliest issuers of coins in the world, India has an illustrious history of coinage and currency notes.
World's 10 greenest companies
Last year, Newsweek came up with a list of greenest companies of the world and for that, it compared the actual environmental footprint, management (policies, initiatives, controversies) and transparency of various companies.
|February 24, 2012|
|I-T exemption limit may be hiked to Rs 3 lakh|
A Parliamentary committee scrutinising the Direct Taxes Code (DTC) Bill will recommend raising of the annual income tax exemption limit to Rs 3 lakh.
PHOTOS: Scientist claims water can boost car's mileage
A scientist says he has found an easy and affordable way to increase the fuel efficiency of a car.
Social media too needs regulations, says Kapil Sibal
Refusing to be labeled as an enemy of the social media, Telecom Minister Kapil Sibal has called for the Internet to be governed by regulations similar to the print and the electronic media.
PHOTOS: Swanky boats display their beauty in Mumbai
Sixth edition of the Mumbai International Boat Show is showcasing some of the latest in leisure boating industry.
Chief executive salaries in India march north: Survey
The Top Executives' Compensation report by the group showed that compensation was pegged at more than Rs 7 crore (Rs 70 million) at larger, more complex organisations.
How will Iran's crude oil crisis hit India?
For starters, the Iran situation is sure to have an impact on crude oil prices, as the world has little spare capacity.
PHOTOS: Zynga chief's spectacular home for $1.97 mn
Mark Pincus plans to sell another plush property in San Francisco for $1.97 million.
Filing tax returns? A checklist of things to DO
With the deadline for filing returns just four months away, familiarise yourself with the processs so that you can avoid last-minute rush
DoT asks Idea, Voda for info on mobile Internet users
DoT officials said instructions have been issued to Idea and Vodafone to provide the requisite information to IB at the earliest.
PHOTOS: Major coal producing countries in the world
World is moving away from coal production, but it still forms a big part of power generation.
SPECIAL: Seven infra expectations from the Budget
There is far more hope for policy interventions than outlays and taxation.
Delhi, Mumbai airports earning least revenue
As per the list of 50 countries prepared by Leigh Fisher Management consultants, Delhi airport is at the bottom of the list with meagre 1.97 SDRs compared to Japan's Narita airport with 17.86 SDRs. Mumbai stands at the second last place with 2.09 SDRs.
RBI may cut rates on respite from inflation
Economists expect a cut in repo rate in at least one policy review in March-April, before high base effect wears out and inflation rises
PHOTOS: Govt may not let Kingfisher shut shop
Government may have ruled out a bailout package for Kingfisher, but is likely to make sure that the carrier does not shut up shop.
US downplays visa denial issue
Francisco J Sanchez, US Under Secretary of Commerce for International Trade, on Thursday downplayed the issue of H-1B visa denial to Indian companies.
Did you know that these JOBS are available at Google?
While most people have job titles that are far from exciting, employees at Google not only have unusual designations, but also unbelievable work.
IMAGES: India's top 20 'youthful' brands
Youth is one of the largest consumer groups in India. Every brand is trying to reach out to them. Read here to find out, which brand was successful in its attempt to connect with the youth.
PHOTOS: World's longest driverless metro rail network
The Dubai Metro, comprising the red and green lines, has entered the Guinness Book of World Records as the longest driverless metro network in the world spanning 74.695 km.
IMAGES: 5 most popular diesel sedans under Rs 7 lakh
Diesel powered engines carries fewer burdens on the pockets of the car owners in the long run.
|February 23, 2012|
|PHOTOS: 11 American states that run on nuclear power|
While there are growing calls to reduce dependence on nuclear power, some states in the United States are still reliant on it.
PHOTOS: Onboard the stunning Glacier Express
The Glacier Express takes tourists on an exhilarating trip through the World Heritage site in the Albula/Bernina landscapes.
Why Europe will never be the same...
The crisis and the painful, austerity-induced recession will focus anger on a relentless Germany.
Gujarat callers made threatening calls to US consumers
A call centre's workers in Gujarat posed as US law enforcement officials and made nearly 8.5 million threatening calls in just eight months to consumers in America, US federal authorities have claimed.
Kingfisher starts operating new flight schedule
Facing severe turbulence, Kingfisher Airlines today started truncated operations in accordance with its new flight schedule, as aviation regulator DGCA examined its operational details to consider whether to take any punitive action against it for flouting norms.
PM's advisers see current a/c deficit worse than in 1991
They want govt to raise excise duty and service tax rates, cut subsidies.
Hero's Munjal eyes premium segment
This partnership will help us improve our own capability, says Munjal.
PHOTOS: World's 10 amazing railway projects
A look at the 10 recent ambitious rail projects.
Obama proposes minimum taxes on foreign earnings
US President Barack Obama has proposed to establish a new minimum tax on foreign earnings while repealing benefits for outsourcing jobs overseas and providing new incentives for bringing jobs back home.
PHOTOS: Most expensive mobile phones in the world
While all of us have mobile phones, some go for really expensive ones.
Bankers refuse lifeline to Kingfisher
I-T dept refuses to unfreeze a/cs; airline curtails operations; SBI, other bank stocks take a knock
Photos: India's top 25 states with highest GDP
India's economic success is powered by these states.
PHOTOS: World's most expensive SUVs
There are some sports utility vehicles that are expensive and then there are some that are really expensive.
Economic confidence: India SLIPS to 4th place
The survey was conducted by research firm Ipsos.
|February 21, 2012|
|Job hunters get ready; robust hiring on cards!|
As per the survey of more than 1,000 recruiters, conducted by leading job portal Naukri.com, about 72 per cent of the employers are bullish about hiring prospects in the first half of 2012.
Kingfisher cancels 40 flights; hundreds stranded
As over 40 flights were cancelled across the country on Tuesday, the airline informed DGCA that it had 28 functional aircraft, out of 64 planes in November last.
Yahoo says case against it is motivated, seeks dismissal
The Internet giant sought removing its name as a party from the lawsuit contending that it was not an affected party and the 'present suit is not only motivated but also a complete abuse of the process of law.'
PHOTOS: Amazing planes with unusual duties
Most of the aeroplanes in the world are used to transport people or goods, but some have unusual purposes.
Calculate actual returns before participating in buybacks
Share buyback has been the buzzword for many companies in the past year. Over 20 companies, including market movers like Reliance Industries, have announced their plans to buy back shares. Many would be also tempted to participate in these, especially if the price announced is higher than the existing market price.
Advertising to hospitality: Adman Kamal Oberoi's journey
Veteran adman Kamal Oberoi has never failed to surprise people. His never-say-die spirit has seen him make the transition from advertising to hospitality with elan.
German-French retail rivalry plays out in east Delhi
While French retailer Carrefour had set up its first cash-and-carry centre at Seelampur in east Delhi in December 2010, German chain Metro will launch its 10th Indian outlet in Karkardooma on Tuesday.
'No helping any one airline, the whole sector is in crisis'
As for the crisis emanating from the Kingfisher Airlines' flight cancellations, it is now up to the airline to utilise those measures and come up with resources, he tells Business Standard's Kavita Chowdhury in an interview.
GOOD NEWS: Indians to see 12% rise in salaries this year
Indians are projected to see a 12 per cent rise in salaries in 2012.
Pesky messages back in the mask of transactional SMSes
With the government imposing restriction on pesky SMS, telemarketers have found transactional SMS, such as banking transaction and flight schedule alerts, as a safe and cheap mode of sending the promotional messages.
A tale of two airlines: Kingfisher vs IndiGo
Kingfisher and IndiGo started roughly around the same time, yet the former has total losses of Rs 6,000, while the latter is India's most profitable airline. How did this happen?
PHOTOS: They quit good jobs and became millionaires!
Find out more about these millionaires, who made a fortune after they quit their jobs.
PHOTOS: The world's fastest train routes
High speed trains have considerably reduced travel time between cities.
Dramatic rise in visa denial to Indians by US
There has been a dramatic increase in denial of visas to Indians by the United States.
PHOTOS: World's biggest wheat producing nations
Wheat is grown on more land area than any other commercial crop.
IMAGES: This Rs 6 lakh Ford may soon come to India
Ford plans on bringing in eight new models to India by 2015.
|February 20, 2012|
|Kingfisher blames I-T dept for flight disruptions|
Beleaguered Kingfisher Airlines on Monday virtually blamed the Income Tax authorities for the large-scale flight disruptions, saying freezing of its bank accounts by them had "severely affected" payment schedules that had led to the curtailment in its services.
Jamshedpur, Bokaro to have airports soon
A memorandum of understanding was signed by the AAI and the Jharkhand government for establishing airports in both the cities in the presence of AAI Chairman and Jharkhand Chief Minister Arjun Munda.
Home, study loans become cheaper
SBI cuts education loan rates 25-100 bps; others reduce home loan rate, waive processing fees
Astrologer's predictions on how stock markets will behave
The stars kept their promise of an action-packed week giving the Sensex the much-needed boost.
Meet the people who drive the Indian luxury market
It's a closed club. No real estate developer or retailer who may have made serious money recently can get into luxury. The domain is reserved for those who are exposed to these brands and understand their finer aspects.
Apple faces more trademark problems in China
At least 39 Chinese companies and individuals have attempted to register the names iPhone or iPad as trademarks.
Tax planning? Invest in long-term instruments
Some instruments help you perform the dual task of tax saving and retirement planning. Pick ones with the longest lock-in period
PHOTOS: 5 amazing yachts to arrive in Mumbai soon
Some of the most amazing boats in the world are set to sail at Mumbai International Boat Show this week.
DGCA summons Kingfisher officials, govt says no bailout
The Directorate General of Civil Aviation has asked senior officials of the airlines, including CEO Sanjay Aggarwal, to appear before it tomorrow to explain the cancellations.
Where is the tablet PC market in India headed?
With a series of high-decibel launches in the last one year, the most recent one being the government supported Aakash, tablet computers were expected to obliterate the netbook market in India sooner than later.
Upgraded Aakash tablet will not cost more: Sibal
'Aakash', the world's cheapest tablet, will be fully indigenous soon and its improved version will be launched by the government at the same price.
PHOTOS: Nations with highest number of billionaires
Number of billionaires is increasing all across the world.
Why senior MNC execs are jumping ships
Reliance to M&M and Bharti and Vedanta, talent migration picks up at all corporate giants
IMAGES: Jaipur Auto Expo showcases NEW cars
Auto Fashion Show and Stunt Show are the highlights of the extravaganza.
IMAGES: Volvo launches 3 stunning diesel cars in India
Volvo joins the band of affordable entry level luxury cars.
|February 17, 2012|
|How well do you know your MF scheme?|
Those who do their homework and conduct due diligence before putting in their money could stand to gain significantly.
MPs want IT exemption limit hiked to Rs 5 lakh
The Standing Committee on Finance, which met under the chairmanship of senior BJP leader Yashwant Sinha, has decided to finalise its report by March 2, enabling Parliament to consider the ambitious reforms in direct tax regime.
Why Yunus likes to be known as promoter of social business
Mohammed Yunus is no longer known as the pioneer of micro finance or even a Noble Laureate. He prefers to be now known as a promoter and founder of 'social business.' This is a concept that Prof Yunus believes will help him fulfill his mission -- to remove poverty in a way that its traces are only found in museums.
10 REALLY FUNNY print ads from around the world
Some interesting advertisements from across the globe.
Stunning PHOTOS of highways across the world
Roadways form the backbone of a country's economic growth.
Lawmakers question rise in H-1B, L1 visas' denial
Officials at a Congressional hearing cited last year's figure of 26 per cent denial to H1B visa applicants, that was the highest in recent years, and also pointed out instances where the visas were denied for flimsy reasons.
Stunning IMAGES of a villa rented by Bill Gates
Last winter, Microsoft founder Bill Gates spent a whopping $600,000 per month to rent a plush bungalow in Wellington, Florida.
Here's how to make boardroom meetings meaningful...
Make sure that meetings don't turn into meaningless babble.
'The rupee may strengthen further by year-end'
Craig Chan, executive director and head of forex strategy & fixed income division (Asia-ex Japan), Nomura Singapore, in an interview with Business Standard's Rajesh Bhayani, shares his outlook on the dollar.
China surpasses India in gold demand
In October-December, demand in India dips 42% to 173 tonnes; China consumes 190.6 tonnes
IMAGES: 10 Indian companies among the most INNOVATIVE
Innovation is the lifeline of almost all companies in the world.
IMAGES: 10 biggest gold mines of the world
Among the most valuable sources for gold mining production data, besides reports from mining companies themselves, are the Raw Materials Group in Solna, Sweden; Canada's Metals Economics Group in Halifax, Nova Scotia; and Intierra Resource Intelligence, based in Perth, Australia.
PHOTOS: This is where America's richest live
While the United States goes through some tough economic times, some people continue to enjoy the best life.
IMAGES: 25 stunning cars that may not come to India
Ourtuts.com came up with a list of 25 stunning concept car designs.
|February 16, 2012|
|IMAGES: The Rs 8.25 lakh Chevrolet Tavera Neo 3 BSIV|
The major highlight of this New BS IV model will be the 2.0L 4-cylinder TCDI diesel engine.
COLUMN: Bigger bandwidth for a new spectrum SCAM
While Reliance/Infotel Broadband stands to gain if Qualcomm is forced out of the BWA race, will the potential Indian consumer of broadband wireless services gain from this unseemly tussle? That is a question that remains unanswered.
R&D growth: India, China, Brazil ahead of US
The United States is lagging behind India, China and Brazil in rate of growth in research and development (R&D) indicators, a Pentagon report has said. The global investment in R&D rose to nearly USD 1.1 trillion in 2007 in the three major regions where R&D is funded, the report said.
Mumbai world's 2nd least expensive city, Delhi 4th
As per the worldwide 'cost of living' survey by Economist Intelligence Unit, Mumbai is the second least expensive city globally, while New Delhi is ranked fourth.
Can Yahoo! undo its years of mistake?
Yahoo!'s drive to revive its business hit major roadblocks on Tuesday, as the company's talks to sell back most of its stakes in its Asian partners collapsed and a big investor unveiled plans to mount a board fight.
Stunning IMAGES of Changi Airport in Singapore
at Changi Internaional Airport you will in fact pray for delays and long layovers. That's the right.
Charitable entities to see tightening of income tax
Non-profit organisations set up for charitable purposes may see a tightening of income tax provisions.
Zoellick to step down, Hillary Clinton may head World Bank
In a statement on Wednesday, World Bank said that its President Robert B Zoellick has announced that he would step down at the end of a five-year term in which a transformed Bank played an historic role during the global economic crisis, using record replenishments to provide more than $247 billion to help developing countries boost growth and overcome poverty.
Star Power: Can SRK bring back West Bengal's luster?
The question that Bengalis might want to ask is this. Is a fading star, producer of serial flops and owner of the money-guzzling Indian Premier League cricket team Kolkata Knight Riders the right fit for marketing a bankrupt state suffering the pangs of slow economic growth?
IMAGES: 30 Indian companies with HIGHEST cash reserve
Some companies are sitting on huge piles of cash.
The end of crony capitalism?
There are alternatives to auctions that also reduce discretion.
Will the new engine deal benefit GoAir?
GoAir Managing Director Jeh Wadia is ecstatic. Eight months after ordering 72 Airbus A320 Neos worth over $7 billion (Rs 32,400 crore), he has signed an all-important engine deal for these planes.
Want to be an entrepreneur? Here's some good news...
Easy financing, including grant of tax exemption, being considered to provide early stage funding.
What's there on RBI's mind?
By tightening or loosening money supply and tinkering with interest rates, central banks try to nudge economies in the right direction.
IMAGES: 3 Indian airports among the world's BEST
Incheon Airport has been named Best Airport Worldwide for the seventh straight year.
IMAGES: 20 stunning bookstores of the world
We present here 20 stunning stores that stand out not only for their collection of books, magazines and journals but also for their interior decoration.
PHOTOS: India's first monorail to start this year
India's first monorail service will start operations in just six months.
IN PIX: Petrol versions of these 4 cars soon in India
But here, in a trend reversal, is a list of four diesel cars which are all geared to launch a petrol version, irrespective of the skyrocketing price of the fuel.
|February 15, 2012|
|Now, leasing a Merc is cheaper than buying|
Leasing expenses may help save up to 30% for those in the highest tax bracket, but the salaried get no such benefits.
PHOTOS: World's hardest banknotes to fake
Counterfeiting is probably as old as money itself.
It is time to take money off the table: Jim Walker
Globally, markets are not reflecting the imminent recession in Europe, says Jim Walker, renowned economist and managing director at Asianomics. He also says that the current rally is driven by misplaced hope about Europe.
Stunning PHOTOS: World's weirdest hotels
These unique hotels are a traveler's delight.
All Indians need to plan their financial future: Noel Maye
Noel Maye, chief executive of Financial Planning Standards Board (FPSB), USA, says the Indian attitude of "I am OK. My children will look after me" is wrong.
IMAGES: Hyundai will launch 6 NEW cars in India in '12
Needless to add, each and every car in the 'sizzling-six' of Hyundai has got enough temptation and oomph aspect.
India's most investment friendly states, GUJARAT tops
Gujarat have clearly emerged as preferred investment destination.
PHOTOS: World's most and least expensive cities
Economist Intelligence Unit survey compares more than 400 individual prices across 160 products and services.
IMAGES: Stunning cars that you will love to own
A look at some amazing cars.
Here's how to keep credit limit in check abroad
As much as technology makes life easier it also gives rise to some loop holes which might burn a hole in pocket at times.
|February 14, 2012|
|SRK to bring back industrialisation in Bengal|
A positive and vibrant image of the state will be created through a series of campaigns and advertisements fronted by the 46-year-old actor, the sources said.
REVEALED! How Indians spend their money
Indian consumer market is poised to grow 3.6 times between 2010 and 2020, faster than most other emerging markets.
Inflation falls to 2-year low of 6.55% in Jan
The latest numbers are the lowest since December 2009 when headline inflation was at 7.15 per cent.
Pankaj Munjal wants to take Hero from India to US
He is the Hero of the bicycles business churning 19,000 bikes a day and over 5.6 million every year. Pankaj Munjal is now pressing the reset button and thinking global.
Why the Internet is always under scrutiny
Without debate or a regulatory framework that works, how on earth can this medium ever be strengthened?
PIX: Stunning double decker trains around the world
Bilevel cars or double decker trains are a blessing for travelers as they help in increasing passenger capacity.
Here's how telecom story can develop...
The Supreme Court judgement on the telecom scam raises many questions.
Why bulk recruitments are going thin at B-schools
As against taking 25-30 students in one go, companies, especially in finance and IT sectors, are said to be taking only 8-12 students each, on average.
Small, the new big for IT industry
Indian IT industry is all set to achieve its projected revenue target of $100 billion in 2011-12 and is projected to achieve revenues of $225 billion by 2020. This is an ambitious target that will require all the stakeholders in its eco-system to collectively innovate and catalyse growth.
Flying out of Mumbai? Pay more now!
The airport operator is in the process of acquiring 16 acres of nearby land, for Rs 250 crore (Rs 2.5 billion), with the cost to be added to the bill for expansion.
PHOTOS: Most valuable luxury brands in the world
Luxury brand market is witnessing one of the fastest growth.
SPECIAL: Is 2G court order a clean chit or a long rope?
When an economic crime is carried out, it becomes difficult to figure out the role played by various parties.
PHOTOS: Stunning views of some cities and countries
There is no shortage of natural and man-made beauty in the world.
This V-Day, hotels serve love at first bite
The occasion can be special for those with padded wallets
Tablet PCs in shops make shopping, payment easy!
Tablets with smart apps help shoppers browse products and make hassle-free payments.
How microfinance firms are coping with change
The new regulations by the Reserve Bank of India (RBI) on microfinance have prompted MFIs to go for a makeover, in order to cope with the new limitations imposed on them.
To claim or not to claim - The HRA dilemma!
Can one claim both HRA and home loan benefits? This seems to be a confusing factor for most tax payers.
|February 13, 2012|
|Is it a wise move to invest in infra bond?|
The government of India has outlined a plan to spend $1 trillion in next 10 years on infrastructure development. This development is necessary because infrastructure needs support to sustain the projected growth rate of Indian economy for next few decades.
Black money stashed by Indians: Over $500 billion!
India, in particular, has suffered from the flow of illegal funds to tax havens such as Mauritius, Switzerland, Lichtenstein, British Virgin islands etc.
Som Mittal on the big challenges IT sector faces
Som Mittal talks about the industry challenges, the next big disruption for the IT industry.
Shailesh Rao: Search expert who opted for microblogging
After being at the helm of Google India and Google Asia Pacific for over seven years, Shailesh Rao is now been roped in by micro-blogging service provider, Twitter.
What's there on the Timex watchlist?
The American brand wants to take on its one-time partner, Titan
PHOTOS: Building the world's LONGEST train tunnel
The world's longest train tunnel Gotthard Base Tunnel (GBT) is being constructed beneath the Swiss Alps.
IMAGES: Maruti Ertiga and its 6 closest RIVALS
Even India's largest passenger carmaker in Maruti Suzuki best known for its hatches, sedans and vans, could not resist the temptation to announce its upcoming MPV.
Why are builders feeling investor heat?
Indian real estate saw 14 such private equity (PE) exits, worth $457 million (around Rs 2,285 crore) in 2011. Of these, promoters bought out existing PEs or other financial sponsors in eight deals, according VCCEdge, the research platform of VCCircle.
PHOTOS: Check out the world's most expensive cars
These cars certainly make luxury come alive. They look great, they feel awesome and they can zip by at a sped of 200 miles per hour (322 km per hour). But, they all come at price exceeding $ 1 million.
Now, ATMs can advertise financial products
Banks with a large network of automated teller machines will now be able to generate additional revenue by advertising financial products offered by other institutions.
PHOTOS: This superyacht is on sale for $44m!
The 147 foot superyacht Helix has been made available for sale just $44 million.
Stunning PHOTOS of bank headquarters
Banks have some of the most amazing offices in the world.
PHOTOS: American CEOs who get paid the most, and least
Some chief executive officers in the United States are overpaid, while some are underpaid.
|February 10, 2012|
|SHOCKING! Many Indians denied of H-1B, L-1 visas|
US immigration authorities, in the past four years, have increased denial of work-related visas, with India-born professionals being refused at higher rates than nationals of other countries, an American think tank said in a report on Friday.
Images: World's top 10 expat-friendly countries
If you are looking for a change, and have been considering to move oversees, this survey can help you find the best foreign country to live and work in.
PHOTOS: 20 most corrupt countries in the world
Corruption is a big problem not only in India, but across the world.
Now, Tata cars dearer by up to Rs 12,000
The company said the price hike has been effective from Thursday across the country.
PHOTOS: This will be the world's tallest building!
While Burj Khalifa in Dubai remains the tallest building in the world, a new challenger has emerged.
PHOTOS: An amazing success story called Facebook
From a Harvard dorm room to becoming one of the world's biggest internet success stories, it has been an incredible journey for Facebook.
Is the US economy recovering? Well not exactly
US data suggest recovery, but politics might intervene
PHOTOS: Dream cars that collectors love
There are some cars that instantly remind us of the golden period of automobile history.
PHOTOS: TCS employees among the happiest in US
Some employees are happy with their company.
I-T exemption limit to be hiked to Rs 3 lakhs soon?
Suggests far more generous provisions than proposed in Direct Taxes Code
IMAGES: Mahindra Xylo has 50 NEW features!
The new Xylo was launched on Wednesday at an attractive price starting at Rs 737,000.
|February 09, 2012|
|IMAGES: The all new Mahindra Xylo is here!|
The all new Mahindra Xylo will replace the existing MPV in all four variants.
PHOTOS: Aston Martin's fabulous racing car
Legendary car manufacturer Aston Martin plans to start production of its racing car, V12 Zagato.
The rise and fall of Kodak: Why it went bankrupt
Fifteen years ago, Kodak was the fourth most valuable brand in the world after Disney, Coca-Cola and Microsoft.
RARE FEAT! Maruti's domestic sales cross 1-crore mark
Maruti Suzuki India had rolled out its first car -- an M800 -- in December 1983 and attained five million domestic sales in February 2006.
Here's the real story of 2G licences
Cancellation of 122 telecom 2G licenses by the apex court has created ripples.
Brand Wars: Dunkin' says won't compete with Starbucks
Jubilant Foodworks, the master franchisee for Dunkin' in India, has tweaked the business model of the company based in the northeastern US state of Massachusetts, opting to position it more as a food service brand than a coffee player.
Thomas Cook's India exit triggers industry frenzy
As domestic players sense a strategic partner, experts say firm may have to sell forex, travel businesses separately.
AI gets more fliers on global routes
Says market share will further increase after induction of Boeing 787 Dreamliners and flights to new destinations.
Why the govt stand on airline sector is wrong-headed
Two decisions by an empowered group of ministers on Tuesday demonstrated the government's continuing inability to come to grips with the problems being faced by the aviation sector.
PHOTOS: What's brewing in Starbucks' cup? Find out...
Starbucks faces two major challenges.
Here's how you can save on phone bills
With telecom companies increasing rates, it's time to cut corners.
PHOTOS: Glimpses of Gujarat's high growth story
Gujarat is one of the fastest growing states in India.
Maruti Swift vs Renault Pulse: And the WINNER is...
Maruti Suzuki, the market leader famous for cost effective management in its products, will face the French carmaker.
PHOTOS: World's biggest shopping malls
Malls have become an inevitable part of the retail boom all over the world.
Countries with HIGHEST per capita income: India at 135!
Though India's per capita income is estimated to grow above Rs 60,000 per annum or over Rs 5,000 per month, it is ranked at 135 when compared to other nations.
PHOTOS: This will be the fastest car in the world
Right now, the fastest car in the world is the Bugatti Veyron Super Sport.
|February 07, 2012|
|India shining: Per capita income to cross Rs 60,000!|
Reflecting general rise in living standard, India's per capita income is estimated to grow above Rs 60,000 per annum or over Rs 5,000 per month, said the government data.
SPECIAL: Goa sees rise in land wars
Wherever you go in India's top tourist destination and playground of the well-heeled, you hear of nasty property disputes.
New Year cheer in job street, hiring rises across sectors
Job seekers have reasons to cheer, as hiring activities surged across all sectors in the first month of the year, despite the uncertainty prevailing in the overall economic scenario.
We will exit Vodafone in 12-18 months: Ajay Piramal
Even after investing almost Rs 6,000 crore, Ajay Piramal, chairman of the company, insists it is a short-term investment.
PHOTOS: World's most beautiful airports
Waiting at some airports can be a pleasant experience.
Slowdown hits India's growth, GDP to sink to 6.9% in FY12
The Indian economy will grow by 6.9 per cent in 2011-12 against 8.4 per cent in the last financial year according to government estimates.
IMAGES: World's 20 youngest billionaires
Meet the world's youngest billionaires according to the Forbes 2011 list.
Indian IT cos in US paid $15bn in taxes in last 5 yrs
Economic challenges in the US should not lead to protectionism.
IMAGES: Audi to launch 7 stunning cars in 2012
If you are a fan of Audi cars, then this will surely be good news for you!
AMAZING numbers reveal Facebook's strength
Facebook is seeking to raise $5 billion.
|February 01, 2012|
|Amazing PHOTOS of Alibaba headquarters|
The Alibaba Headquarters' in Hangzhou has won the International Property Award for Office Architecture.
How the mobile industry changed in the past 5 years
Android and iPhone, considered outsiders from a mobile industry perspective were able to revolutionise the industry and have created immense positive network externalities.
Meet the man who gave a NEW kind of outsourcing
MPO is Market Process Outsourcing. It is a new one in the alphabet, if you can call it that! After running the marketing divisions of various companies for more than 20 years, I felt there was a big gap.
I've right to privacy, media can't violate it: Tata
Tata group chief Ratan Tata on Tuesday submitted to the Supreme Court that despite being a public figure he has the right to privacy and the media cannot violate it by publishing or telecasting his private conversations contained in Radia tapes.
PHOTOS: 10 fastest cars in the world
Some extremely fast cars are allowed on the streets.
World's TOP 25 supercomputers: India ranked at 85!
India is ranked at a dismal 85th position in the world's 500 fastest supercomputers' list.
PHOTOS: Now, India to rank other nations
Method will be part of this year's Economic Survey; will help investors in relative comparison.
IMAGES: Mercedes GL Grand Edition at Rs 65.50 lakh
The distinctive, new GL- Class Grand Edition's level of spaciousness and comfort is at par with that of a luxury saloon.
Planning to buy a house? Some VITAL points
In 2012 the realty market is expected to consolidate.
PHOTOS: World's highest-valued currencies
Only a handful of currencies carry weight either globally or locally.
PHOTOS: Glimpses of Bihar's success story
From being an economically backward state, Bihar has come a long way to be one of the fastest growing states.
He's seen commerce ministry battle it for 7 yrs
"You see, I have been in Commerce for the last seven years and I am perhaps the only factor that provides continuity in this ministry," Khullar says with unconcealed pride.
|January 31, 2012|
|India's per capita income grew by 15.6%|
Reflecting growing prosperity, India's per capita income grew by 15.6 per cent to Rs 53,331 per annum in 2010-11, crossing the half-a-lakh rupees mark for the first time, according to government data.
Should the govt cover up EPFO's inefficiency?
The 48-odd million employees covered by the Employees Provident Fund Organisation (EPFO) may be touched that the finance ministry is actually considering a proposal to extend the organisation a fiscal helping hand to offer a rate of interest comparable with other savings instruments.
PHOTOS: Six most traded currencies in the world
Lots and lots of money changes hands every day in foreign exchange trading.
PHOTOS: Beautiful B-school campuses in India
Take a tour across India's amazing B-school campuses...
India's GDP growth revised to 8.4% for FY11
The government revised the economic growth rate for 2010-11 financial year slightly downto 8.4 per cent from the earlier estimate of 8.5 per cent.
TCS opens new facility in Silicon Valley
Expanding its presence in the US, India's IT major Tata Consultancy Services (TCS) has opened a new facility here which was welcomed by the US lawmakers and the Californian government.
IMAGES: Why these 7 cars are SWANKIER than before!
These days, auto giants such as Volkswagen, Ford, Maruti Suzuki, Hyundai and Toyota are literally working their hearts out to woo customers at every level.
What is holding back India's growth story?
Although the rising tide of growth has lifted all boats, the faster-growing, richer states have steadily pulled apart from the slower-growing, poorer states. Although this growing divergence has been observed during earlier periods as well, factors responsible for it are not fully understood.
How Facebook's Timeline can reveal all your secrets!
Facebook Timeline, a new profile layout, will go live on Wednesday.
Understand your true net worth!
An accurate understanding of one's financial well being is of utmost importance.
SPECIAL: 'Azadi' to 'Vodafone'? Need for review
To avoid taxes, assessee resorted to complex structuring - especially from and through tax havens.
PHOTOS: India's 30 biggest companies
India's companies are today amongst the biggest companies in the world.
Pulok Chatterjee: PM's new principal secretary
Pulok Chatterjee has joined the Prime Minister's Office.
Taxes aren't always worth saving
Sometimes, it is better to pay them instead of making unwanted investments.
SPECIAL: Will the Internet manage to remain free?
Internet cannot be regulated by 20th century notions of intellectual property. That is simply because the moment you 'see' something on the Internet it has, in a sense, already been copied onto your computer.
|January 30, 2012|
|Sky is limit for investor in India: G P Hinduja|
Stating that "sky is the limit for investors" in India, conglomerate Hinduja Group's Co-Chairman G P Hinduja has said the Western world should get into emerging markets including India and China, which would help both sides to improve their economies.
Tatas-Starbucks: 50 stores at Rs 400cr investment
"The company has entered into a joint venture with Starbucks group whereby, the newly formed joint venture company Tata Starbucks Ltd shall engage in the operation of Starbucks Cafes."
SPECIAL: Is US losing its economic power to China?
Economist Arvind Subramanian's new book, Eclipse: Living in the Shadow of China's Economic Dominance, defies the mainstream consensus of thinkers like Harvard's Joseph S Nye, Jr (author of The Future of Power) and Niall Ferguson that America's dominance is omnipotent vis-a-vis China.
IMAGES: 6 stunning cars that will be launched soon
Most of these car models have already been unveiled at the recently held Delhi Auto Expo 2012.
India can power growth if it boosts energy supply
Lack of infrastructure and inefficient transmission systems are the biggest problems.
Foreigners light up Dalal Street as locals keep away
FIIs pour $2 bn in January; flows into India equity funds hit 54-week high; doubts on sustainability persist.
Meet the new age professionals: 'Ethical hackers'
Ethical hackers are fast becoming a valued tribe in India. According to data from Indian Computer Emergency Response Team (Cert-In), in November last year more than 800 ".in" websites and nearly 700 ".com" websites in India were defaced by miscreants.
Mumbai big-ticket property market sluggish
Sector insiders and analysts say this is due to combination of slowing property markets and liquidity issues.
Revealed! Bata's secret to attract youth
Bata is aiming to be a brand attractive to the youth and to the fashion conscious.
Photos: India's 30 most TRUSTED brands
Nokia maintained its leadership position among the most trusted brands in India.
India won't scale down its petroleum imports from Iran: FM
India, which imports 12 per cent of its oil from Iran, will not scale down its petroleum imports from Tehran despite US and European sanctions against the Islamic republic, Finance Minister Pranab Mukherjee has said.
India-China trade hits a record high
India-China bilateral trade hit a record $73.9 billion last year.
PHOTOS: Amazing campus of Bill Gates' Foundation
The Bill & Melinda Gates Foundation campus in Seattle, Washington has secured LEED-NC Platinum certification from the US Green Building Council.
India among top five countries for investors
India is the fourth destination for foreign direct investment just below the United States, China and Britain.
REVEALED! How much software engineers make in US
It is no secret that software engineers at the Silicon Valley in the United States are paid good salaries.
Crazy about mobile apps? The TOP 10 trends for 2012
Gartner points out that mobile apps will not only generate good revenue ($15.9 billion in expected end-user spending in 2012) but will also drive hardware sales, advertising spending and technology innovation.
PHOTOS: Mercedes' Swan Wing Aria
He designed this concept as part of his thesis and was even assisted by Mercedes designers.
|January 27, 2012|
|Stunning PHOTOS: World's busiest metro rail stations|
There are around 160 metro systems in the world.
Once more, food inflation is in negative zone
Overall, vegetables were 47.06 per cent cheaper during the week under review, from the same period last year.
India among 10 countries that will see MOST growth
Half of CEOs based in developed markets believe that emerging economies are more important.
Will the markets continue to reflect the positive note?
Though 2012 has started on a positive note on foreign institutional investor (FII) flows, it is too early to say if the trend will sustain through the calendar year, analysts say.
Why the world of technology is so unforgiving?
Few companies evolve quickly enough and innovate consistently enough to retain leadership for meaningful periods.
Iranian crude for gold - Beginning of the END of dollar?
The macroeconomic implications of successful Iranian Bourse selling oil denominated in non-dollar terms are in fact profound for the world of finance.
Why the Vodafone tax case assumes significance
The issue was whether India could tax capital gains arising from sale of shares of overseas companies merely because such companies had downstream subsidiaries in India.
IMAGES: 8 tablets that failed to take off
There were several tablets launched in 2011, but not all became hot with customers.
Landlord's PAN card not there? Fret not
If your house owner does not have a PAN, you need not worry, as long as he/she is ready to sign a self declaration stating he does not have a PAN. You can submit a copy of this declaration to your employer and avail of the HRA deduction.
Indian IT firms step up HIRING in the US
The Durbin-Grassley Bill might have fallen through but large Indian information technology service providers are taking no more chance of being seen as job snatchers in the US.
Sheryl Sandberg: Facebook's pride, world's envy!
A class topper, a passionate human being, a smart executive, brilliant orator, and of course a doting mother - meet Sheryl Kara Sandberg.
India's 'Turnaround man' is back in action
It is a well-known fact that he was brought into Patni with an intention to bridge the revenue gap between the company and its peers as well as to try and extract a better valuation for the company for a possible sale.
|January 25, 2012|
|Delhi-Mumbai route to get high-speed trains!|
Going ahead with its ambitious high-speed train proposal, Railways have joined hands with Japan to begin the ground work to reduce travel time by half on the Delhi-Mumbai corridor.
IMAGES: All new Tata Safari Storme at Rs 10 lakh?
This revolutionary crossover is a strong contender of Toyota Innova, Mahindra Xylo, Mahindra Bolero and Mahindra Scorpio.
Photos: Stunning SOLAR cars around the world
Solar-powered cars have ushered in a revolution in the transport sector.
E-book revolution likely: Students brace for digital storm
While India is yet to see the launch of iBooks 2 and iBooks Author, independent developers in the education space are already eyeing the digitised space.
What does RBI's move to cut CRR rate mean?
This Tuesday saw an upbeat in the money market.
Indian brands warming up to Facebook ads in news feeds
Some are still circumspect, but most think it's a smart platform for promotions.
Five common mobile web mistakes
After years of eager anticipation, the mobile revolution is now truly moving ahead.
Global economy: CEOs' confidence shrinks to lowest
At the same time, the confidence level of the CEOs is relatively better when it comes to the prospects for revenue growth in their own companies, as per the 15th Annual CEO
PHOTOS: A tour of the fantastic Facebook office
Launched in February 2004, Facebook has more than 800 million active users.
Rate cuts possible ONLY when inflation comes down: RBI
CRR cut does not rule out open market operations.
Want to make a quick buck? Try the cyber route
If you want to tread this path, then conceive an idea and take it further. The online platform supports not just creativity, but also creative entrepreneurs.
Why the IMF cut India's economic growth projections
'Nations like India with high inflation and public debt should be cautious'
PHOTOS: World's 20 biggest oil and gas companies
A consulting firm has just released its annual ranking of the biggest oil and gas companies in the world.
India's problem is productive jobs: ILO
In India, total employment grew by only 0.1 per cent yearly over the five years till 2009-10, says the report, "from 457.9 million in 2004-05 to 458.4 mn in 2009-10, while labour productivity grew 34 per cent over this period".
New MPV in town. Chevrolet Enjoy at Rs 6.5 lakh
General Motors used the Auto Expo 2012 platform wisely and introduced its much anticipated MPV.
Obama to take US away from outsourcing, bad debt
The US President emphasised that the blueprint has been built to last -- an economy built on American manufacturing, American energy, skills for American workers, and a renewal of American values.
How Dinesh Trivedi plans to revamp Indian Railways
Despite a party leader who doesn't seem to put much faith in him and barbs on his first-time ministership, Trivedi is determined to revamp the Indian Railways.
More flyers: India needs 30 more airports in 5 years!
The growth projections for air passenger traffic suggest an additional requirement of 30 functional airports over the next five years and 180 in the next decade, according to Planning Commission estimates.
|January 24, 2012|
|Diesel may cost more, RBI asks govt to deregulate prices|
The Reserve Bank on Tuesday said the government should deregulate diesel prices in order to contain the trade deficit, which is expected to widen to $160 billion during the current fiscal.
'Glass ceiling for women is a state of mind'
In this second part - of 'Glass-ceiling in India' - we bring you India's successful entrepreneurs. These women are stereotype-busters in their own right.
One-bedroom, studio apartments make a comeback
Faced with slow offtake in big-ticket residential apartments, property developers are launching one bedroom (BHK) apartments to generate fast liquidity.
RBI rate cut: No immediate respite for borrowers
After the Reserve Bank unveiled the third quarterly review of the monetary policy, several bankers said that they may not go in for rate cut immediately.
Good news! India's 'RICH' households rising rapidly
The cut-off to enter India's one per cent - Rs 12.5 lakh - is nothing to write home about compared to global standards.
Chip to guard against mobile phone radiation
If you are one of those who frets about the health hazards caused by mobile phone radiation, then help - in the form of a chip - is at hand.
Workplace anxiety pulling you down? Here's a solution
Anxiety is possibly the single largest inhibitor of growth both for an individual and for a corporation, says Thomas J DeLong, Philip J Stomberg Professor of Management Practice, Harvard Business School.
Tamil Nadu students design low-cost amphibian car
Students have designed two types of light weight, eco-friendly and low-cost cars.
Reliance's Rs 10,440 cr share buyback to start from Feb 1
The country's most-valued firm Reliance Industries on Tuesday said its Rs 10,440 crore (Rs 104.40 billion) share buyback offer will start from February 1 and closes on January 19, 2013.
Bihar progressing? Not really!
Bihar remains shackled by poverty even as agricultural growth increases.
Cyber crime is now a booming industry
From compromised machines to mass email lists for spamming, electronically-transferring funds out of bank accounts to phishing attacks -- India's 100 million internet users have become prime targets for hackers across the globe.
RBI cuts cash reserve ratio, key rates remain unchanged
The central bank says that there is room for policy action, but warns of persistent inflation risks.
Economic growth: BIG issues emerging nations face
Perceptions regarding the composition of the global economy underwent a shift.
Uncertain markets: What should investors do?
Falling market should be an opportunity to invest more in equities and not shift to other asset classes. Keep buying on dips.
No conflict over UIDAI project: Montek, Chidambaram
Home Minister P Chidambaram and Planning Commission Deputy Chairman Montek Singh Ahluwalia rejected reports that they were locked in a turf war over the ambitious UIDAI project to give every Indian resident a unique ID number Aadhar.
Cash-strapped railways to get a makeover plan soon
A high-level committee set up to suggest a blue print for modernisation of cash-strapped railways will submit its report shortly, said its chief Sam Pitroda while dismissing report of having recommended 25 per cent hike in passenger fares linking it to inflation.
|January 23, 2012|
|BAD NEWS! India's GDP to fall further, says RBI|
The RBI-sponsored survey by professional forecasters has revised the growth projection for the current fiscal downward to 7 per cent, which is lower than the central bank's projection of 7.6 per cent.
Gujarat MPs want bullet train from Ahmedabad to Mumbai
BJP MPs from Gujarat met Railway Minister Dinesh Trivedi and submitted a memorandum requesting new railway projects, including that of a bullet train between Ahmedabad and Mumbai.
'Women have to accept that men are as smart as them'
Meet stereotype-busters in their own right,who share their experiences about glass-ceiling in India.
Rising giants of Asia: How far is India behind China?
China's GDP in 2011 was $6.99 trillion, or nearly four times India's $1.84 trillion.
Photos: Super cars shine on Mumbai roads
The Parx Super Car Show 2012, organised by the Super Car Club (SCC) in association with Autocar India, took off to a roaring start with excited Mumbaikars vying for a glimpse of the 80 odd super cars displayed at the Riding School at Mahalaxmi Race Course.
Ministry prods RBI to cut rates, bankers not hopeful
The finance ministry wants the Reserve Bank of India (RBI) to switch its policy stance, with growth concerns occupying centre stage and inflation showing signs of moderating.
India walks the tightrope on US-Iran issue
India and China have already rejected the US' sanctions move.
Will Subbarao check or boost market rally?
The domestic market has posted its third straight weekly gain, supported by positive global cues, strong foreign fund inflows and good numbers from some companies.
Will Indian airlines fly past these tough times?
Costlier fuel, fall in yields make things increasingly tough; analysts say focus on ending red ink a must.
Is retiring shares best avenue for RIL?
When Reliance Industries Limited announced its buyback recently, the stock price soared even before the details were made public.
Economists want focus on infra, investment, fiscal deficit
Economists want Budget to focus on infrastructure, have a clear strategy on disinvestment and state measures to boost investment climate.
Rupee depreciation helps Indian IT companies
Software leaders are quite robust.
Why Aakash tablet has run into a storm
Canadian company dismisses series of charges levelled by cellular majors
PHOTOS: 25 top-performing CEOs in India
An Insead study reveals India's top-performing CEOs.
Move over Toyota Innova, 5 new STUNNING MPVs are here!
Almost every global brand is introducing its vehicles into the Indian car market.
SHOCKING: Lowest growth for 219 Indian cos in 11 quarters!
Analysts see a silver lining in banking.
Photos: Visit this AMAZING Google campus
The 100,000 square-foot campus was designed by architect Frank Gehry.
IMAGES: These are the world's BEST Internet banks
According to Global Finance (part of Class Editori Group, a leading Italian finance and lifestyle media company) these names were selected from 233 banks from around the world.
Market off to best start in more than a decade
Second-best performer after Brazil so far this year.
|January 20, 2012|
|Premji compares Eurozone crisis to Bollywood films|
For IT czar Azim Premji, what's happening in the Eurozone facing a two-year debt crisis is something like new Bollywood films hitting silver screens every week in India.
Reliance Q3 profit falls 14% to Rs 4,440 crore
Reliance Industries Ltd on Friday reported a 13.6 per cent fall in October-December net profit, the first drop in the Mukesh Ambani-led company's quarterly profit in more than two years, as refining margins fell sharply and reservoir complexity pulled down gas output.
Govt realised it's slowing down economic growth rate: Premji
IT czar Azim Premji on Friday said the government has realised it is slowing down economic growth rate and he expected it to get into policy initiatives action post assembly polls in five States, irrespective of results.
Petrol price decontrol seen only in vapour outline
OMCs losing Rs 20 crore daily on sales, 18 months after prices were deregulated.
FDI in aviation: Is this a good move?
Foreign direct investment (FDI) in India's aviation sector is long overdue; the Cabinet should back Mr Singh's decision -- which was taken following a meeting with Finance Minister Pranab Mukherjee, Petroleum Minister Jaipal Reddy and Commerce Minister Anand Sharma.
India must learn from US, UK regulators' mistakes
India must learn from the missteps made by financial regulators in the US and UK.
Why a 'founder' of a company gets fired
Jerry Yang, who founded Yahoo along with David Filo in 1995, has left to "pursue other interests outside of Yahoo". Yang, who carried the designation "Chief Yahoo", exited two weeks after Scott Thompson, who used to run eBay's PayPal unit, joined as CEO.
Vodafone wins $2.2 billion tax case, blow for govt
Supreme Court Chief Justice SH Kapadia has ruled on Friday that the tax deparment has no jurisdiction over Vodafone's purchase of mobile assets in India.
Why recruiters fail to attract the right candidate
Ironically, the biggest mistake recruiters make when writing a job advertisement is exactly the same as that made by poor applicants they just don't sell themselves.
Government move to control Internet is wrong
Even attempting it would be a colossal waste of time and public resources.
PHOTOS: China's indigenous supercomputer is operational
China's first supercomputer built with "domestically-produced" microprocessors and capable of performing around one-thousand-trillion calculations per second has become officially operational.
Photos: The SUCCESS story of a serial entrepreneur
Swaminathan K can be described as a serial entrepreneur who started young; in fact, from his school days.
TCS chief shares the company gameplan
N Chandrasekaran, managing director and CEO of Tata Consultancy Services, talks to Business Standard on the growth outlook and why the current slowdown is unlike the one in 2008.
World's most innovative nations: India at No.6!
India has been ranked the sixth most "innovative" country in the world according to General Electric's Annual Global Innovation Barometer.
Wipro Q3 net grows 10% to Rs 1,456 cr
The company had a net profit of Rs 1,318.8 crore (Rs 13.18 billion) in the corresponding quarter of the previous fiscal, Wipro said in a filing to the BSE.
This is how Lupin cracked the Japanese pharma market
From zero revenues eight years ago, Lupin has posted Rs 621 crore (Rs 6.21 billion) in sales last year-that too in a country regarded as one of the toughest markets in the world for generics.
US, a technology leader? India, China to take over soon
The US remains global leader in supporting science and technology (S&T) research and development, but could soon be overtaken by rapidly rising Asian countries like India and China, a latest report by an American body said.
PHOTOS: 12 beautiful cars elite collectors love
There are cars that fetch some serious money at auctions.
PHOTOS: Amazing architectural marvels that remain a dream
World is dotted with amazing structures.
PHOTOS: What do the world's richest people buy? Find out...
When it comes to buying things, billionaires are different.
Budget: What the Finance Minister must do
Central goal of the Budget must be to restore confidence in the prospects for rapid growth in India.
Want to stay leader, but it's getting tougher: KP Singh
After his recently published autobiography Whatever the Odds, he's already looking forward to a biography, where he's known as a giver more than anything else.
How demand-supply gap is ailing domestic aviation
Though India is one of the largest growing markets in terms of passenger volumes, airlines have not been able to add capacity to match growth.
|January 19, 2012|
|Mahindra launches scooter Duro DZ @ Rs 42,332|
The new scooter will be an addition to the company's existing range of 125 cc scooters, Rodeo and Flyte that cater to different consumer segments.
PHOTOS: An illustrious past, uncertain future for bankrupt Kodak
Kodak has filed for bankruptcy.
Food inflation still remains in negative zone
Food inflation remained in the negative zone for the third straight week, at (-)0.42 per cent for the week ended January 7, mainly due to fall in prices of onion and vegetables.
India's top banks vie for gold loan business
Financing against gold being a secured form of lending and higher margins are key reasons.
Page not found: Who blocked my website?
The recent remark by Delhi high court that India can go the China way and block Google and Facebook if they do not remove objectionable content has got netizens worrying.
Biz vs politics: Marwaris feel the heat of Mamata's hostility
Marwari community has chosen to portray Mamata Banerjee's patent bias against it after the AMRI Hospital fire as unfair persecution.
What is 'share buyback' and how does it impact investors?
With RIL announcing a buyback after seven years, a primer on how it impacts shareholders.
Who pays the highest and lowest for petrol in India
There has been a marginal dip in the petrol prices.
I-T Dept to launch drive against tax evasion from Jan 20
The high value transactions that will be under the I-T Department scanner include the purchase of property, vehicles, shares and bonds, fixed deposits in banks and post offices, etc.
IMAGES: 18 stunning concept cars that dazzled the Auto Expo
Concepts cars placed at the heart of imagination and reality, play significant roles in automotive shows for automakers and visitors.
How loyal are you to your smartphone?
A recent research from GfK (a Germany-based research company) suggests that nearly one in five consumers, who own both an iPad and an iPhone, say switching smartphone is more difficult than changing bank accounts.
PHOTOS: Where does India rank in cyberbullying globally?
A new poll finds that cyberbullying in India is pretty high.
Photos: Are these the BEST nations to work in?
There are huge differences in working conditions around the world.
|January 18, 2012|
|World Bank slashes global growth forecast to 2.5%|
The multilateral agency had earlier projected that the world economy would expand by 3.6 per cent this year.
Beware! Indian Wi-Fi networks under virus risk
Indian computer security analysts have detected and alerted Wi-Fi users in the country against a possible virus attack that could lead to crashing and hacking of secure networks.
Meet the man behind India's FIRST private TV channel
From being the first national English news reader at Delhi Doordarshan Kendra, to starting India's first private television channel and the first exclusive journalism college on the lines of the Columbia School, Sashi Kumar has done several path breaking things in his life.
'Disproportionate' H-1B visa denial to India to be examined
A top American Senator, who visited New Delhi earlier this month, vowed to look into the "disproportionate number" of H-1B visa being denied from India, amid concerns over the increase in certain categories of visa fees.
PHOTOS: Ferrari Daytona is a beautiful ride
Ferrari 365 GTB/4 "Daytona" is frequently considered one of the last truly great front-engined GT cars.
Village level innovation: The next BIG thing
Over the last twenty years it has even more passionately been argued that the future of India depends on rapid expansion on four fronts.
The secret recipe behind Coal India's STUNNING success
India's state-owned miner had posted a whopping 68 per cent jump in net profits for the half-year ended September, 2011.
PHOTOS: CEOs who got millions to quit
Some CEOs walk out with millions even after getting fired.
Farewell: Rise and 'fall' of Yahoo! co-founder Jerry Yang
Internet company Yahoo!'s co-founder Jerry Yang has quit the company he founded 17 years ago.
PHOTOS: 18 hotels offering world's best facilities
Some hotels are architecture marvel.
India CAN GROW at 9%; The World Bank is confident
India can return to 9 per cent growth if the government removes uncertainties in policy-making and go for early implementation of some of the long pending tax reforms, a senior World Bank official said on Wednesday.
Most valued companies: TCS slips to fourth place
IT giant Tata Consultancy Services (TCS) on Tuesday slipped to fourth position in the list of the country's most valued companies, below Reliance Industries, ONGC and Coal India Ltd.
How currencies fare and the cost of a burger in 30 nations
The Indian rupee is the world's most undervalued currency, finds The Economist's latest Big Mac Index.
|January 17, 2012|
|Foreign airlines may get nod to buy 49% in Indian carriers|
Accepting a major demand of the cash-strapped aviation industry, the government on Tuesday said it would soon launch the process to allow foreign airlines 49 per cent stake in Indian carriers.
TCS Q3 net up 18% at Rs 2,803 crore
TCS Q3 net up 18% at Rs 2,803 crore
ONCE AGAIN! Prices of gold, silver to rise
The ad-valorem rates of excise and customs on precious metals like gold, silver and platinum have come into effect from Tuesday, said a government notification. Diamonds, too, will now attract an import duty of 2 per cent.
'India's attractiveness is still intact'
Anup Maheshwari, executive vice-president and head of equities & corporate strategy, DSP BlackRock, says the long-term attractiveness of investing in India remains intact.
Now, meet your life partner through LinkedIn
For single, highly networked professionals, LinkedIn could well be the networking website to find that perfect job - or even a life partner. For the first time, a website for dating has been created for LinkedIn users.
PHOTOS: Richest children in India and abroad
These are some of the richest children in the world.
BAD NEWS! India's economy to grow a mere 7.7% only
The government recently lowered the gross domestic product growth target for the current fiscal to 7 per cent from the earlier estimate of 8.5 per cent.
Maruti, General Motors hike prices by up to Rs 17,000
Maruti Suzuki India has hiked prices of its vehicles across all models, except the entry level sedan DZire, by up to 3.4 per cent.
BRIC's 20 BEST banks: Only ONE from India
Government-owned banks lead the market by size in the BRIC countries -- accounting for 50 per cent of total banking sector assets in China, 40 per cent in Brazil and Russia and reaching 70 per cent in India.
Can money buy you happiness? Read this!
Money can buy you happiness, says a study, finally putting an end to the age-old debate.
IMAGES: 15 most 'liked' brands in the world
Social media is opening whole new avenues for companies.
Why RBI rate cut may be delayed
RBI may wait for a substantial downtrend and maintain repo at the current level in its third-quarter review.
Stunning pics: A Malibu beach house on sale for $10.5 million
Relativity Media Founder and CEO Ryan Kavanaugh plans to sell off his Malibu beach house for $10.5 million.
A refrigerator that connects to the Internet and more innovations
The refrigerator, which connects to the Internet via Wi-Fi, has a variety of Apps including a grocery in ventory manager and a Twitter feed.
FDI in aviation: All set to take off
Meeting on Tuesday to decide on letting foreign airlines buy into domestic ones.
PHOTOS: World's best innovations in 50 years
Past 50 years have seen several path-breaking innovations.
PHOTOS: Get ready for the upgraded tablet Aakash II
Amid complaints with regard to the quality of the low-cost 'Aakash' tablet PC, the government on Monday said it is hopeful of bringing out an upgraded version of the device, 'Aakash-II', by April this year.
Inspiring entrepreneur: Sam Walton's words of wisdom
Sam Walton learnt the value of money very early in life.
|January 16, 2012|
|Photos: Hyundai launches costlier Eon variants|
The country's second largest maker Hyundai Motor India Ltd (HMIL) on Monday said it has introduced three new variants with additional features of its latest small car Eon, which will be costlier by up to Rs 7,000 from the existing versions.
What do employees do when bored? Find out...
When bored at work, most workers look to munchies and caffeinated beverages to perk them up.
India threatens to put curbs on European airlines
Under a Horizontal Aviation Agreement between India and the EU, New Delhi allows European airlines to operate flights between India and any EU member-state.
Vodafone dials for India IPO
The world's largest mobile operator by revenue has begun the year on a bold note, backing the initial public offer plans of its Indian unit and sources say the ball has already been set rolling.
Flashback: Cars with high recall value in 2011
The year 2011 did not end too well for the auto sector. This was mainly from the perspective of 'recall', both globally and in India.
Photos: Maruti to launch NEW DZire in February
Four years after it launched the entry-level sedan Swift DZire, the country's largest car maker Maruti Suzuki India is bringing a shortened version of the car that will hit the market next month.
Interested in collecting art? Read this...
Collectors can now buy works by some of the best-known Western modern artists and at prices less than what they've paid for some works by the Indian modern masters.
Inflation at two-year low of 7.47% in Dec
The latest numbers are the lowest since December 2009 when headline inflation was at 7.15 per cent.
Is India ready to drive in the green lane?
The Ministry of New and Renewable Energy has been the frontrunner in taking initiatives for promotion and adoption of electric vehicles.
PHOTOS: Bill Gates: Life down the ages
Bill Gates is one of the richest men in the world.
Are prices falling? People talk about the real story
After years of high food prices, India is now witnessing a deflation, according to the government's food inflation data.
SBI to raise interest rate on car loans
A senior SBI official dealing with the retail business confirmed the country's largest lender's decision.
PHOTOS: World's best collectible cars
There are some cars that are simply adored by collectors and fans alike.
Stunning photos: Swanky TRAMS across the world
Trams are usually lighter and shorter than conventional trains and rapid transit trains. The
Dry days for IPO street, but delisting lane will stay abuzz
Companies likely to defer initial share sale plans due to lack of investor appetite, state polls, Budget.
SBI: Banker to every Indian, except Infosys
Infosys has withdrawn all its deposits with State Bank of India, the largest commercial bank in the country, in the just concluded October-December quarter.
Gujarat to become India's first special investment region
With the first two phases of town planning and zonation completed this month, the country's first special investment region (SIR) at Dholera in Gujarat is set to take off. The endeavour in Ahmedabad district is likely to bring investment amounting to $90 billion to the western state over the next ten years.
RIL plans to pick 26% stake in leading cable operators
Talks under way for partnership model to provide last-mile connectivity to 4G users.
World's 12 most powerful art collectors
There is no business like art business.
|January 13, 2012|
|Apple store pelted with eggs in Beijing|
Apple has temporarily stopoed selling its latest iPhone 4S.
IMAGES: 25 most luxurious hotels in India
Hospitality sector in India has seen the birth of many luxury hotels and resorts in recent past.
MUST READ: World's top 25 banks
The sovereign debt crisis is still raging in Europe and renewed fears of contagion from southern European countries are affecting banking and market outlooks across the globe.
Filter content or face blackout, Delhi HC warns Facebook, Google
The Delhi High Court on Thursday warned social networking site Facebook India and search engine Google India that websites can be "blocked" like in China if they fail to devise a mechanism to check and remove objectionable material from their web pages.
Will global investors bet big on India again?
Any improvement in confidence will trigger a virtuous cycle, projects will start moving, the RBI will be cutting rates, companies will recapitalise and, as we lap easy comparisons for both earnings and GDP in the second half of 2012-13, India will look like it is accelerating again.
Why India is the hot spot for luxury brands
It is estimated that the luxury market in India is around USD 5.8 billion (nearly Rs 28,500 crore), is spreading beyond the metros as adoption of global trends is fast catching up in smaller cities, as well.
World's best and worst performing stock markets
It's not just India that saw a drop in stock market fortunes in 2011.
Meet the first Indian-origin Dean of Cornell's biz school
Cornell President David Skorton said in an announcement, "Professor Dutta's appointment is a natural fit with Johnson's increasingly global outlook."
IMAGES: Brilliant tech innovations you must see!
The Consumer Electronics Show is the world's largest consumer technology tradeshow.
IMAGES: The expressive faces of Microsoft CEO Steve Ballmer
Microsoft Corporation CEO Steve Ballmer is perhaps the most expressive CEOs in the world.
Made profits in 2011? Hold on to those scrips
The good part is that even in the most beaten down sectors, there have been some select stocks that have given not just positive, but considerable, returns.
PHOTOS: Hotel suite in India among world's most expensive
Some hotel suites are extremely expensive.
PHOTOS: Beautiful Ferraris down the ages
Ferrari's are said to be the most beautiful cars in the world.
PHOTOS: Now, a low cost electric car from Tata
Stylish, comfortable, practical, fuel-efficient and environmentally friendly -- that's prototype of a $20,000 electric car from the Tata Technologies.
Infosys: On track to meet 45,000 hiring target
"People addition is on track for 45,000 (employee hiring) target for the financial year 2012. The company will focus on local hiring. We have hired 1,000 people in the US in the last four quarters," Infosys Chief Executive Officer and Managing Director S D Shibulal said.
Air India in trouble: Service tax dept freezes accounts again
The Service Tax Department has once again frozen the bank accounts of the national carrier Air India for non-payment of dues running into a little over Rs 300 crore (Rs 3 billion).
|January 12, 2012|
|Slowdown: Infosys cuts FY'12 revenue outlook by 3%|
Infosys on Thursday cut its full-year revenue outlook in dollar terms by about 3 per cent because of mounting economic uncertainty in the euro zone, a move that did not go down well with investors.
Food inflation in negative zone: What's cheaper, what's costlier?
Food prices fell for the second consecutive week as food inflation remained in the negative zone at (-)2.90 per cent for the week ended December 31, 2011.
India's industrial growth bounces back to 5.9%
Led by a recovery in manufacturing output, industrial production grew by 5.9 per cent in November, 2011, after witnessing a contraction in the previous month, a development that may reverse the negative sentiment amid an economic slowdown.
Bihar taps investors at Pravasi Bharatiya Divas
Guests were all praise for the Bihar government.
It might be working Saturdays for Indian stock exchanges
Stock exchanges are said to be toying with the idea of opening a regular trading window on Saturdays. The window may be for a shorter duration, in line with the Saturday banking hours.
In pics: Two Indian companies among global WINNERS
Teleos, in association with The Know Network, has announced winners.
US urges countries to reduce oil imports from Iran
The United States has said it is encouraging countries to diversify away from Iranian oil.
Stunning PHOTOS: World's hottest cars are here!
The world's most brilliant cars are lined up at the Detroit Auto Show.
Infosys Q3 net up 33.25% at Rs 2,372 crore
The company had registered a net profit of Rs 1,780 crore (Rs 17.8 billion) for the December quarter of the previous fiscal (2010-11), Infosys said in a filing to the Bombay Stock Exchange.
PHOTOS: World's top 25 software companies
Microsoft is undoubtedly the king of software companies.
IMAGES: 16 global cities of the future
There are some cities in the world that are expected to be major centres in the future.
Images: 8 AMAZING green cars
At the 42nd annual Tokyo Motor Show, leading auto companies unveiled some beautiful eco-friendly cars. These cars are said to justice not just to the environment, but are also a treat to drive.
|January 11, 2012|
|Indian economy doing a good job: Economist|
Nobel Prize winner in economics in 2001, Stiglitz, who was delivering a lecture in the Indian Statistical Institute in Kolkata, said that a government needed to play an important role 'in any economy correcting pervasive market failures'.
IMAGES: Stunning aerial views of flashy Dubai
Dubai city has emerged as a global city with some of the world's most famous landmarks.
Indian bureaucracy rated worst in Asia
Indian bureaucracy is the worst in Asia with a 9.21 rating out of 10.
How India, China still contribute half of world's growth
Despite slowing down, China and India continue to contribute more than half of the world's economic growth, a new report by an investment management and advisory services firm has claimed.
Slowdown? 7% growth certain, says PM
Prime Minister Manmohan Singh said his government expected a reasonably good growth rate of seven per cent in the ongoing 2011-12 financial year.
How to gain more from your investments?
Being market-linked, the public provident fund corpus can no longer be predicted over the long term.
PHOTOS: Brilliance of sportscar Porche 911
Porsche is a luxury two-door sports coupe made by Porsche of Stuttgart, Germany.
This is not the time to buy beaten down stocks
Cheap valuations mean little in a bear market. There could be more downside.
'Kingfisher not like AI, no direct financial help'
Ministry will try to persuade Airports Authority of India, fuel suppliers for easier terms to the airline
RBI raises red flag over banks' foreign currency loans
Just 40 per cent of India Inc's forex loans are hedged.
IMAGES: STUNNING cars you would love to own!
The North American International Auto Show is one of the largest car shows held each year in Detroit, United States.
Now, pay taxes and fines online
Maharashtra government initiative aimed at making system more transparent.
Union Budget exercise begins
Pranab Mukherjee will begin the fortnight-long pre-budget brainstorming sessions with various stakeholders.
Photos: World's most INNOVATIVE gadgets
More than 100 products have been introduced at the Consumer Electronics Show at Las Vegas.
2012: A year of GLOOM and DOOM for auto sector
The 50-odd launches and unveilings at the Auto Expo are unlikely to lift the gloom off the domestic automobile industry, which has been battling declining sales for six months.
|January 10, 2012|
|Aquarian Age: Bloom not Doom|
While this apparent obsession with 2012 may largely be an internet phenomenon there is something more happening here that predates our age of hyper-connectivity.
Govt okays 100% FDI in single brand retail
Notwithstanding its inability to open multi-brand retail for foreign investment, government on Tuesday notified 100 per cent FDI in single-brand retail, paving way for global chains like Adidas, Louis Vuitton and Gucci to have full ownership of their India operations.
Jet, Nokia take advertising to new heights
In these times of high losses, airlines are looking at multiple options to earn cash.
EPFO may cut interest on PF deposits to 8.6%
Retirement fund body EPFO may lower the interest rate on deposits to 8.6 per cent for over 4.7 crore (47 million) subscribers for 2011-12 to match it with the rate of public provident fund (PPF) scheme.
IMAGES: Of Bollywood stars and SWANKY cars!
The relationship between the movie stars and cars go way back into the history.
Network18 owes Rs 300 cr
18.6 million debentures were issued to five promoters convertible at Rs 160.
Pioneering airport-city project struggles to stay aloft
The first ever airport-city project in which Singapore's Changi airport holds a 26 per cent stake was expected to be the pride of West Bengal. Instead, a steady stream of pitfalls --from land acquisition problems to allegations of corruption amongst promoters -- has taken the sheen off the project.
Apple CEO Tim Cook gets $380-mn pay for 2011
Cook's pay package for 2011 is likely to be among the most lucrative compensations awarded to a chief executive.
Moody's upgrades India's rating to investment grade
The 'P-3' ratings suggest acceptable ability to repay short-term obligations.
Now, pay more for auto insurance
Insurers are all set to raise premium. Rates may increase 40-50 per cent for commercial vehicles and 20-25 per cent for private vehicles.
Stunning pics: World's 25 LARGEST buildings
Amidst the world's growing concrete jungle, these buildings hold a unique record.
Investors warm up to tax-saving bonds
The bonds' unattractive structure seem to have found little favour with eligible taxpayers and infrastructure finance companies are hoping the government would do something to enhance product appeal.
New York hotelier Chatwal has big plans for India
New York-based Chatwal Hotels and Resorts is planning to invest Rs 2,000 crore (Rs 20 billion) to open 52 hotels in India in the next five years. The company has tied up with international hospitality major Wyndham Hotels for the expansion of its hotel brands Dream and Night.
'Invest Rs 10,000 every month in the market'
'Just keep investing a steady amount every month irrespective of what the media says about the direction of the market,' advises Jyotivardhan Jaipuria, Managing Director, DSP Merrill Lynch, India.
Centre-state consensus on service tax, finally
State FMs okay list of tax-exempt services with certain riders.
HDFC's new diktat: Pay for inoperative A/Cs, cash deposits
These fees are part of the new set of service charges introduced by HDFC Bank from January 1, 2012.
IMAGES: World's 10 best airport lounges
In this slide show we present some of the world's best airport lounges (in particular order) that are an over-the-top testament to the VIP privilege.
Mahindra to double capacity for XUV500, launch in Oz, Europe
Touted as its first global product, the diesel SUV was recently introduced in the South African market.
We need to encourage research, says Infosys's Gopalakrishnan
Infosys felicitates outstanding researchers in various fields.
PHOTOS: Beautiful cars sizzle at Auto Expo in Delhi
Auto Expo is seeing a long line of beautiful cars.
IMAGES: Acer unveils world's thinnest laptop
Acer has unveiled the world's thinnest Ultrabook with the Aspire S5, an ultra-slim device that measures only 15 mm at the maximal point.
Why lifetime mobile schemes did not last
The lifetime-validity schemes that once led to explosive growth in subscriber base for the mobile telephony industry did not last a lifetime.
STUNNING gizmos to drool for in 2012
Tech lovers can never get enough of gadgets or the latest in technology.
|January 09, 2012|
|Kingfisher's plans to resolve the lapses, discrepancies|
After a rap from the aviation regulator for neglecting safety issues, Kingfisher Airlines on Monday submitted a detailed response to DGCA giving time-bound plans to resolve the lapses and discrepancies identified.
Worst is over for the Indian economy: Credit Suisse
The worst could be over for the Indian economy, Swiss bank Credit Suisse said, after contending with many months of stubbornly high inflation and sluggish growth.
Investing: Watch out for the game changers!
Come a new year, and the guy with some cash to spare invariably wonders how to avoid repeating the investing mistakes of the past year.
Dial 'T' for entertainment
No wonder, it's raining tablets in India and they are giving a stiff competition to personal computers, notebooks and mobile devices so far as consumption of entertainment by the digital consumers is concerned.
Why did the rupee fare much worse than other Asian currencies?
In 2011, the rupee emerged as the most vulnerable Asian currency on the block. It depreciated by almost 19 per cent in 2011, while for the others depreciation was mostly in single digits. The Chinese Yuan actually appreciated in this period.
COLUMN: Fault lines in the Indian IPO market
We need to build the household sector's confidence in the stock market.
Globalisation is dead. When will India realise this?
As the West realizes that globalisation has pauperised governments, left its society in disarray and its currency weak, there is a huge re-think there about the very idea of globalisation.
COLUMN: Was India too timid to manage to FDI issues?
In the cacophony of debates on the wisdom of liberalising retail foreign direct investment, or FDI, one viewpoint was noticeably absent: whether and how this might affect India's strategic interests.
This is what it takes to become an entrepreneur
First, get out and engage with customers sooner than later. If you stay focused on the lab to work on your product, the market may have moved. Customer feedback is very important. Also do not underestimate competition; stay on top of it.
Pranab's prescription to better India's growth rate
Moderating inflation and a likely reversal of tight monetary policy will boost the economic prospects during 2012, said Finance Minister Pranab Mukherjee.
PHOTOS: Dazzling beauties at Auto Expo
Automobile companies have showcased an exciting display.
'We need one party running the country, not 10'
We should now think positively and look at options and opportunities, says Deepak Parekh.
It's woman power on the Internet
Women are exploring the Internet to turn into home-based entrepreneurs.
India's MOST influential women in finance
Some are heading the top banks in India, while others are calling the shots as company's CFO.
IMAGES: Cubit launches all-in-one desktop for Rs 22,000!
With an eye on the rapidly rising market of all-in-one (AIO) computers segment, Ahmedabad-based Cubit Computers has launched the first-of-its-kind assembled all-in-one desktop personal computer for the Indian market.
Infrastructure set to escape Budget cuts
Sector to see funding push; tax reforms as well as sops to wait longer.
Must-see: SPECTACULAR cars at the Auto Show
Audi, the German luxury car manufacturer, showcased an exciting display of cars at the 11thAuto Expo in New Delhi.
Kingfisher may cut its fleet to stay afloat
Airline may cut its fleet from the existing 64 planes over the next few months.
|January 06, 2012|
|Stickers defaming Anil Ambani in Mumbai; FIR filed|
Stickers defaming industrialist Anil Ambani and his Group ADAG were found pasted at various locations in suburban Bandra.
US court wants specifics of financial benefits made by Gupta
A US judge has asked prosecutors to provide specific financial benefits they allege former Goldman Sachs director Rajat Gupta made by passing inside information to his friend Raj Rajaratnam amidst allegations that he also tipped him about Proctor and Gamble's 2008 sale of Folgers Coffee Co to JM Smucker.
DAZZLING beauties wow world's 2nd largest auto show
The 11th Auto Expo 2012 that began on Thursday in New Delhi with a slew of launches that marked the debut of many automobile manufacturers into new segments of the dynamic Indian vehicle market.
SBI classifies Kingfisher Airlines account as NPA
SBI Chairman Pratip Chaudhuri told reporters in New Delhi on Thursday the Kingfisher Airlines (KFA) account had turned into a non-performing asset (NPA). "The account became an NPA on December 31, 2011. They are in default," Chaudhuri said.
Slowdown: Planned job cuts in US drop to 41,785 in Dec
Planned job cuts announced by US employers declined in December to 41,785, the lowest monthly total since June, says a report by global outplacement company Challenger, Gray & Christmas.
'Stock markets are virtually breaking India Inc's back'
In an interview with Business Standard, Kamath says he is surprised by the sharp correction in the stock markets and the rupee in an economy growing at seven per cent.
The amazing success story of brand Safal
Mother Dairy's retail model helps farmers but is under pressure from chains.
'Food inflation will go back to 7 per cent in a few weeks'
Others may be gung-ho about food inflation falling into the negative territory, but not former chief statistician <B>Pronab Sen</B>.
Survival plan: Kingfisher gets time till Monday
DGCA summons airline's officials on safety issues.
Why majority of Indians want to work abroad
Majority of younger employees are keen on seeking jobs abroad.
What Indian Railways must learn from China
Slow pace in modernisation and infrastructure addition chokes tracks, constrains productivity, raises costs and invites political interference.
Euro crisis more threatening than crash in 2008: Soros
US billionaire investor and philanthropist George Soros said that the collapse of the euro will have catastrophic consequences.
No fare hike: Trivedi's Rail Budget to bear Didi stamp
Trinamool politics set to trump prudence on passenger fares.
Images: BIG car launches at the Auto Expo
A number of stunning cars were unveiled at the Auto Expo 2012 in New Delhi.
Iconic photos trace AMAZING history of Kodak
Kodak is prepairing to file for bankruptcy.
The new Bajaj RE60: Don't call it a car!
Bajaj Auto's new four-wheeled people-carrier might well create an entirely new category.
|January 05, 2012|
|Bankers expect interest rates to fall by 1%|
While bankers and experts expect the lending rate to fall by about one percentage point in the near-term, the Prime Minister's Economic Advisory Council has strongly pitched for rate cut by the RBI in its monetary policy review later in the month.
All about Avanti, India's first Rs 30-lakh supercar!
Bollywood superstar Amitabh Bachchan on Thursday unveiled India's first supercar, Avanti, designed by style guru Dilip Chhabria's DC Design at the 11th Auto Expo 2012 in New delhi.
TCS to create 16,000 jobs in West Bengal
The country's largest information technology (IT) service provider, Tata Consultancy Services (TCS) is all set to expand its footprint in West Bengal, according to state IT minister Partha Chatterjee.
Govt gets a Rs 4,000-cr New Year gift from ONGC
The Centre -- running out of cash, and time before the Budget to meet its fiscal deficit target -- will get as dividend Rs 3,964 crore (Rs 39.64 billion) from its flagship listed firm Oil and Natural Gas Corporation (ONGC).
Nano missed chance; to remove tag of poor man's car
Admitting that Nano has 'wasted an early opportunity' due to teething problems, Tata Group chief Ratan Tata on Thursday said Tata Motors will do everything to undo the tag of 'poor man's car'.
Forget gloom, Indian economy is strong: Tata
Differing with some of the leading corporate voices against perceived policy paralysis in the government, industrialist Ratan Tata on Thursday said there is no need to be pessimistic because of the global uncertainties as India's economic fundamentals are strong.
Cash-strapped airlines compromise on safety
An official financial audit of all Indian carriers has found that safety issues were being neglected by some of them due to serious financial distress and suggested stringent action, including cancelling of flying permits, against two major carriers.
Cost of foreign education rises as Rupee falls
To tide over fund crunch, students are either looking at alternative sources of funding like scholarships or picking up part-time jobs.
IMAGES: It's raining bikes at the Auto Show
Eyeing Indian mass motorcycle segment, Suzuki Motorcycle India (SMIPL) on Thursday launched Hayate, a 110cc bike, which will cost over Rs 40,000, at the Auto Expo 2012 in New Delhi.
What is negative inflation? Food inflation at -3.36%
This is the first time in almost six years, for which data with base year 2004-05 is available, that food inflation has shown a decline on an annual basis.
Reversing India's downward trajectory
Country can regain growth momentum with rate cuts and telecom reforms.
Forget about pension plans, there's none available anyway
If you plan to buy a pension plan as a part of your tax-saving exercise, you need to wait.
Divestment pushed back as PSUs don't fancy buybacks
Ministries seek more discussions, Cabinet defers decision.
Employees to get 14% average pay hike in 2012
Sectors like infrastructure could see average salary hike of as high as 16 per cent, but the increments could be lower at 5 per cent in a few segments like aviation and textiles.
Investors likely to opt for safer bets in 2012
Individuals likely to opt for safer bets like fixed income, PSU stocks and gold in the new year.
VOTE: Which is the biggest economic challenge facing India?
India has a number of problems, such as high inflation, poor infrastructure and rural poverty.
Asset Under Management: India's top 15 Mutual Funds
The mutual fund industry took a hit of more than Rs 16,000 crore on its asset size during 2011, even as the newly-crowned market leader HDFC MF grew in size and consolidated its top position.
11th Auto Expo: Maruti unveils SUV XA Alpha
The concept XA Alpha showcases the unified R&D of Suzuki Motor Corp and Maruti Suzuki India.
Internet growth: Problems and challenges
India should piggyback on mobile phones to increase penetration and speed of Internet.
Great Walmart of China & why FDI in retail will kill Indian jobs!
Walmart's entry into India will mean profits for the Americans and jobs for the Chinese, says .
Auto Expo: Cars that will make you DROOL!
Auto enthusiasts can look forward to 50 new launches and a flurry of other activities at the 11th Auto Expo that starts in New Delhi on Thursday.
No work for UIDAI after January! Is that the end for it?
Govt's unique identification body still in search of a clear identity.
|January 04, 2012|
|Bad times: Kingfisher may cut 2,000 jobs by July|
In a major cost-cutting exercise, private sector air-carrier Kingfisher Airlines is believed to be considering about 2,000 job cuts and longer working hours for its staff, among various options.
IMAGES: Fiat starts work on small car, launches Linea 2012
Italian car maker Fiat has started work on its small car for India.
Now, hallmarking of gold is compulsory
The hallmarking of gold, which is voluntary in nature at present, is a purity certification of the precious metal.
9 ways how Indian business can restore growth!
Government-industry relations seem to be hitting a new low. But without co-operation, a recovery in 2012-13 will be impossible, says former chief mentor of CII, .
PPF interest rates to be floating, post office savings spared!
The government on Wednesday said interest rates on post office savings schemes, except the PPF, will remain fixed throughout the term of the scheme.
PHOTOS: Watch out for these 7 BIG auto launches!
Auto Expo 2012 is the venue for the launch of seven all-new automotive brands in India.
1.55 lakh post offices could double up as banks
The government's plan to tap into India's vast postal system to reach out to the unbanked population by utilising offices across the country as banks is expected to take some shape this year as the proposal has been sent to the Finance Ministry for its nod.
Controversy HEATED up 2011 for Environment Ministry
The Environment Ministry was hit by controversies in the year gone by which saw clearances for two big ticket projects -- POSCO and Lavasa -- and exit of Jairam Ramesh as the green minister.
Slow decisions delay AI revival: Ministry official
No move yet on delivery of 787s slated for mid-January.
5 promises that you MUST keep in 2012
Learn from mistakes made in the past year, resolve not to repeat them and plan for the long term.
Mukesh Ambani plans mega-server of content
Network 18-Eenadu is just the beginning of a bigger data and video strategy.
Durable firms brace for rough ride ahead
The road ahead for consumer durable companies appears tough with New Year sales not ringing the cash registers as expected.
IMAGES: World's 20 busiest airports
Airports Council International's data for January-July 2011 gives an insight into the world's 20 busiest airports.
Mukesh Ambani a new media giant?
ETV's bouquet consists of 11 regional channels and one Telugu news channel ETV2.
India's FII outflows highest among BRIC nations
Even as Foreign Institutional Investors (FIIs) have been selling across markets and pulling out money, their outflow was highest from India in 2011, compared with BRIC peers (Brazil, Russia, India and China) and other emerging markets.
Want to own a designer label? Buy these products
Top brands like PepsiCo, Nestle, Citibank have roped in leading designers like Manish Malhotra, Wendell Rodricks, Tarun Tahiliani to design the packaging for their products so as to draw a better connect with fashion-conscious consumer. In the bargain, they are also hoping for higher recall value.
The SHOWSTOPPERS at the Delhi Auto Expo!
The Delhi Auto Expo has grown into a high-profile event where car makers, Indian and foreign, announce new models and reach out to customers. Business Standard tracks the meticulous planning that goes into the event.
IMAGES: 15 best mobile apps in the world
There are thousands of mobile-phone apps.
The India story: Three cheers for 2012, and beyond!
Forget the current bout of economic stress; India is blessed with growth drivers that won't go away in a hurry.
PHOTOS: 4 Indian trains among world's best railways
When it comes to travel, nothing is as exciting as travelling by train.
|January 03, 2012|
|Union Budget to be presented after March 5|
This time, it might start between March 5 and 12 in view of polls, government sources said, citing that counting of votes is scheduled for March 4.
Bajaj unveils small car RE60; may price it at Rs 125,000!
Although the company has not yet revealed its exact price, the buzz in the market is that the Bajaj RE60 is likely to be priced between Rs 125,000 and Rs 200,000, giving tough competition to the Tata Nano which is the cheapest car in the world currently.
Slowdown? Not a hurdle for Indian travellers!
Data for 2011 are expected to reveal the number of outbound travellers from India rose 10%, with the West vying for a major slice of the market pie.
IMAGES: World's 10 most-hated airports
The world's most-hated airports are not necessarily the worst. But many travelers experienced a harrowing time at these airports.
PHOTOS: Most-successful car launches in 2011
Year 2011 witnessed a large influx of cars, most being revamped versions of existing models and some diesel avatars of the popular petrol variants.
2012: The year of digital music
With the growth of mobile phone and internet users, consumers of digital music have increased manifold.
Currency woes: Rupee to remain bleak in 2012
The rupee was Asia's worst performing currency this year, and the outlook for 2012 also remains bleak.
'India to see BIGGEST urban migration in next 15-20 years'
India needs to create 220 million jobs in the next 15 years and this is only possible by implementing the National Manufacturing Policy, launched recently by the government, says Arindam Bhattacharya, managing director, The Boston Consulting Group (BCG) India Pvt Ltd.
Why India's 2011 macroeconomic numbers are so poor
The unprecedentedly poor macroeconomic numbers for 2011 are the price of government mismanagement.
DC Design to unveil indigenous SUPERCAR at Auto Expo
India's own automotive design house, DC Design, is all set to unveil a supercar at the forthcoming 2012 Auto Expo to be held in Delhi.
What do market leaders do in a slowdown? Increase prices!
At a time when key economic indicators are pointing to a slowdown, market leaders in three sectors have been raising prices to maintain margins.
This is what will fuel India's divestment drive
Cabinet set to approve broadened framework this week; market route to be pursued as well.
Software product start-ups rely on smaller cities
Marketing challenges apart, 300 firms sprout in past 5 years in Tier-2, -3 cities.
Nifty: Bearish trend likely to continue in 2012
It is relatively easy to make predictions about market directions in 2012. Technically, this is a long-term bear market. There are no signs of recovery.
Now, shop on the move with the help of apps
Shopping will become a lot easier when Reasoning Global eApplications, a Hyderabad-based multi-channel solutions provider for the retailing industry, rolls out its native applications (or apps) for BlackBerry, iPhone and Android-based platforms by the end of the current financial year.
Kingfisher to add more seats on A330s
Plans to remove onboard bar to create space.
2012: This leap year may not be good for Sensex
Leap years 2008, 2000, 1992 have not been great; this year may not be different.
The TOP 5 stock picks for the year 2012
The Indian equity markets is one of the worst performing markets globally -- down for the calendar year 2011 by about 25 per cent in rupee terms and around 35 per cent in dollar terms.
Special: The BEST advertisements of 2011
Though advertisements weren't exceptionally creative, they were very likeable. The top five of 2011.
IMAGES: Check out these HOT wheels for 2012
Tata Motors created the idea some four years ago with the Indigo CS, but not much has happened so far.
5 reasons Kolaveri Di became a HUGE hit online
Mobile marketing campaigns that can engage, go viral and become a sensation for mobile consumers are now benchmarks for digital marketing.
How embattled Indian IT firms are adopting NEW strategies
Faced with competition from low-cost locations and inefficiencies associated with unwieldy growth in head count, Indian IT companies are exploring non-linear growth strategies.
Govt loses Rs 5 lakh crore in stock market in 2011!
The Union government, the largest owner of stocks in the country, is also easily the largest loser in the stock market this year.
|January 02, 2012|
|Petrol prices not to be hiked this fortnight|
Petrol prices will not be raised this fortnight as state-owned oil firms apparently could not get political clearance for the over Rs 2 per litre hike in rates needed to achieve parity with the imported cost on account of the weakening rupee.
3G roaming: Telcos suppressed facts, says DoT
Filing an affidavit before the TDSAT, the department of telecommunication has requested the tribunal to dismiss the petition of telecom operators challenging the government directive to stop 3G roaming immediately.
Auto majors post mixed results in December
The month of December was a year of joy and celebrations for some auto companies, while for others it was a period of mixed reactions. This is because, even though the overall result wasn't so positive, some of its brands registered good sales.
15 most disliked CEOs in technology world
Employee review site Glassdoor has put together its year-end list of the most hated CEOs in tech.
Good news! Banks extend festive offers
The festive season may be over, but festive offers on loans are open for the next couple of months.
Budget to be presented after state polls: Pranab
The announcement of the Assembly election schedule in five states between January 30 and March 3 has raised the possibility of rescheduling of the Budget for 2012-13 this year.
Bigger models to dot 11th Auto Expo
The 11th edition of the exhibition, one of the largest in the world in terms of participants, will kick-start on January 7.
15 countries that offer risky but high returns
While markets like China and India are showing signs of slowdown, Frontier Markets continue to be an attractive destination for adventurous investors.
Investing: Gold will continue a good show in 2011
Other assets suffered badly, experts feel that the yellow metal and debt will continue good show.
How Vijay Mallya hit the headlines in 2011
Getting his bruised Kingfisher Airlines ready for that auspicious occasion is the least of his worries, as Mallya is scrambling to find an equity partner to keep his Kingfisher aloft.
In PICS: 10 countries that will RULE world trade
Trade is set to transform with most growth coming from emerging markets.
IMAGES: Amazing office buildings in India
India prides itself on having some of the most contemporary designs for offices, especially in the IT sector.
PHOTOS: 14 SUVs set to hit Indian roads soon
Upcoming 2012 Delhi Auto Expo will be special this time.
|December 30, 2011|
|2011: Stocks ditch investors, gold remains true friend|
As the investors burnt their fingers with heavy losses in the stock market in 2011, the tried-and-tested gold added to its glitter and silver could retain only part of the sheen it gained during the year.
Rs 40,000-crore tax mop-up SHORTFALL looms
Barely four months are left for the financial year to end and the government has reached only the halfway mark of its tax revenue collection target.
Slow hiring, double-digit pay hikes likely in 2012
The Indian job market is expected to see slower hiring activity, but double-digit salary hikes next year as employers are embracing a "cautiously optimistic" approach amid the economic uncertainty.
Great start, sad ending: That's 2011 for auto sector
A year that began with a bang only to fizzle out in the end with car sales posting the steepest fall in nearly 11 years; a year marred by strikes -- 2011 will be one that the Indian automobile industry would like to forget in a hurry.
Rural India: The next big market for car companies
Car makers are reaching out to consumers in rural centres as high lending rates slow urban demand.
Millions of jobs created in 2011, but strikes marred labour arena
Reaching out to the working class, especially in the unorganised sector, the government rolled out several measures in 2011, raising minimum daily wages, enlarging health insurance coverage and also notifying Majithia Wage Board recommendations for newspaper and news agency employees.
Healthcare: Of misery tax, expansion and tragedy
For India's healthcare industry, expected to double to $100 billion by 2015, this year was marked by expansion and consolidation as well as painful moments of the Kolkata hospital fire.
Newsmaker of the year: Cyrus Mistry
Like JRD Tata, Mistry also loves Cantonese-style Chinese takeaway from Colaba's cult restaurant Ling's Pavilion.
Classpad takes a cue from Akash tablets
Delhi-based Classteacher Learning Systems, an education solution provider, has come out with a new tablet, Classpad.
TCS beats Reliance to be India's most valued firm
Reliance Industries lost its position of the country's most valued company to Tata group firm TCS this afternoon, as the shares of billionaire Mukesh Ambani-led corporate giant fell sharply in a weak market.
IMAGES: 8 most expensive jets owned by Indian billionaires
Today, India boasts of about 515 private aircraft, including 257 fixed-wing planes and 258 helicopters.
2011: Uncertainty over EPFO rates haunted subscribers
The 4.7 crore (47 million) EPFO subscribers were left guessing during the year on continuance of 9.5 per cent interest rate for this fiscal, with the retirement fund body, in an unprecedented development, deciding to refer it to the finance ministry for a final decision.
Cyber criminals eye year-end online shoppers
A phishing scam targetting those buying via eBay was discovered recently.
Stocks of controversial groups beaten down
But analysts advise against dumping, say these could recover if market conditions improve.
Net widens on IPO rigging
Multiple agencies to probe, regulatory crackdown on more companies expected.
Amazing PHOTOS: World's 15 strangest bridges
Some of the world's most remarkable infrastructure projects are bridges.
Rajat Gupta: Man who had everything but blew it away
Rajat Gupta was the former head of bluechip consulting firm McKinsey.
Oil sector: Arbitrariness shakes investor confidence
The way the government treated miner Vedanta Resources' proposal to buy majority of UK's Cairn Energy in Cairn India and RIL selling 30 per cent of its stake in 23 properties, including the prolific KG-D6 gas block to BP, goes to the heart of the mistrust between India Inc and United Progressive Alliance-2 in 2011.
Telcos yet to make good money from 3G
Number of 3G subscribers in India is more than 12.2 million.
Amazing PHOTOS of Ice Hotel in Romania
The Ice Hotel is rebuilt every year - so no two years are the same.
Telecom sector maintains shimmer despite controversies
Though the multi-crore 2G scam had come to light last year, it was 2011 which was action-packed as Raja, telecom ministry officials along with many high-profile business heads were put behind the bars for their alleged involvement in the case.
IMAGES: 10 most expensive buildings in the world
Some buildings cost billions of dollars to build.
Stunning PHOTOS of 2013 Mercedes Roadster
Luxury car manufacturer is planning to launch a new model, 2013 Mercedes-Benz SL.
|December 29, 2011|
|Ratan Tata calls on Narendra Modi along with Cyrus Mistry|
Ratan Tata, the outgoing chairman of over $80-billion Tat Group, on Thursday introduced his successor Cyrus P Mistry to Gujarat Chief Minister Narendra Modi during a courtesy visit to his residence in Gandhinagar, a top state official said.
IMAGES: 25 best skylines in the world
There are some cities in the world, such as New York City, that are famous for having beautiful skylines.
Telecom: How Ambani brothers can rule the roost
Anil's RCom straddles 2G, 3G; Mukesh has spectrum to operate in 4G.
Special: It was never in Jamsetji Tata's ken
But the Tata Group is an established and growing brand in Australia, affirm top local managers.
India twiddles its thumbs as foreign airlines grab traffic
Private airlines wait for permission to fly abroad, foreign carriers walk away with the traffic.
Column: Why our rulers want people to remain poor
Deep down, our rulers don't want the aam admi to get out of his rut.
PHOTOS: World's 25 most amazing offices
Many offices are now turning into stylish spaces, looking cool, comfortable and attractive.
GOOD NEWS! Food inflation plunges to six-year low of 0.42%
According to official data released on Thursday, onions grew cheaper by 59.04 per cent year-on-year during the week under review, while potato prices were down by 33.76 per cent.
You can buy a listed company for Rs 1 crore!
You may not be able to buy you a decent flat in Mumbai with Rs 1 crore (Rs 10 million), but stock prices have fallen so much this year that the sum may buy you an entire listed company, maybe even two.
Slowdown-hit tourism sector struggles to move ahead
In mid-October, travellers from the US, the UK, New Zealand, Canada and Australia were advised by their governments to exercise a high degree of caution when travelling to India, citing terror threats.
Coming soon to India! Low-priced, shorter cars!
After witnessing a plethora of car launches in 2011, the Indian automobile industry is set to welcome some new models, reworked versions and new variants in the New Year.
FDI flow soars but policy inertia SPOILS party in 2011
On the face of it, the country attracted FDI worth $22.52 billion between January and September, 2011 against $15.97 billion in the same period last year.
Chennai hub of gaming, android-based tech
Chennai is slowly becoming a hub in providing support for gaming and android-based technologies.
In PHOTOS: 16 cool products expected in 2012
The next year is expected to see more exciting gadgets enter the global market.
2011 second worst for investors in 14 years
It is second only to the disastrous 2008.
Tendulkar gets Rs 100 cr cover for Bandra house
The cover, touted as one of the highest taken by an individual, is in two parts: a fire insurance policy of Rs 75 crore (Rs 750 million) and an additional cover of Rs 25 crore (Rs 250 million) for items within the house.
Stunning IMAGES of the COSTLIEST hotel in India
The Leela Palace New Delhi is indeed a star among the luxury hotels in India.
IMAGES: EcoSport, Ford's new SUV will soon be in India
EcoSport has unbelievable fuel economy and a fascinating futuristic look.
|December 28, 2011|
|Farewell: Delhi will miss 'Metro Man' Sreedharan|
Describing E Sreedharan as a man of great vision and impeachable integrity, Chief Minister Sheila Dikshit has said the Metro Man, who retires on Saturday, gave Delhi a "new identity" for which people of the city will always miss him.
Brothers Ambani come together at Dhirubhai's memorial
The Ambani brothers -- Mukesh and Anil -- came together for the inauguration of a memorial for the legendary industrialist and founder of Reliance Group Dhirubhai Ambani in Chorwad town in Junagarh district on Wednesday, in the presence of the entire family.
Falling rupee to shave Rs 4,000 cr off Nifty cos: Crisil
Credit rating agency Crisil on Wednesday said depreciation in the rupee will shave off up to Rs 4,000 crore (Rs 40 billion) from the profits of Nifty companies in the December quarter.
Manufacturing growth: Bihar on top
Manufacturing growth in Bihar stood at 15 per cent in 2010-11 against 15.2 per cent a year ago and 21.9 per cent in 2008-09, according to data provided by Commerce and Industry Minister Anand Sharma in a written reply in the Lok Sabha.
IMAGES: The BEST Amul advertisements in 2011
Amul's ads have touched the hearts of millions of Indians since decades.
2011: Of 2G, illegal mining and the Supreme Court!
The corporate world in 2011 found itself on tenterhooks as various scams in the telecom and the mining sector came under the prying eyes of the Supreme Court.
Gold and silver touched all-time highs in 2011
Continuing their record-breaking spree, gold and silver galloped to all-time highs in 2011 on strong demand for precious metals considered as a 'safe-haven investment' in times of economic turmoil and rising inflation.
Amazing PHOTOS of Maserati's exclusive model
Maserati has launched a super exclusive model of its luxury car.
Slowdown? Not for these cars
Petrol cars like Jazz and diesel variants of Ritz, Swift Dzire and Manza see strong demand.
How Indian policy makers made a mess of the finances
It is customary at this time of the year to look back and assess how the year set to end in a few days went by.
2011: Investors lost Rs 20,000,000,000,000 in stocks
In a departure from big gains in the past two years, investors saw around Rs 20 lakh crore of their wealth eroded as Indian equities tanked in 2011 because of inflation, high interest rates and the uncertain global growth environment accentuated by the euro zone debt crisis.
SHOCKING: India ranks 73rd in personal freedom
When citizens enjoy their rights, their country enjoys higher levels of income.
Stunning IMAGES of world's top 6 SUVs
The SUVs are perfect amalgamation of space, safety, features and performance.
IMAGES: Any buyer for this stunning $8.9 million bungalow?
Zynga CEO Mark Pincus plans to sell off his palatial bungalow at San Francisco.
AMAZING things that happen online every 60 seconds
While we know that technology travels at lightning speed on the Internet, but what actually happens online in just 60 seconds?
|December 27, 2011|
|Debt recast: Banks ask for Air India board seats|
Air India is the second Indian carrier to get a large bailout this year.
UK subway drivers' strike affects holiday shoppers
Trains throughout the UK were operating a significantly reduced service, with only five rail companies out of 25 running a 'limited' Boxing Day service, a public holiday in Britain.
IMAGES: Changi Airport makes fresh attempt to enter India
Said to be in talks with Hyderabad-based GVK Group; if the deal sails through, the alliance would be the biggest player in India's airports market.
Rupee fall: How it has changed currency traders' lives
With the rupee falling 20 per cent since June 30, the Reserve Bank of India first intervened, and later introduced policy measures to control the outflow and improve dollar liquidity.
'Inflation should start abating in a few months'
"The calendar year 2011 has seen tremendous wealth destruction and volatility, both in India and globally. In 2012, while the first quarter will continue to be extremely challenging, it will prepare a base for creating long-term wealth, particularly from an Indian perspective."
Special: Most CORRUPT industries in India
Report also stated that some 68 per cent of India's aggregate illicit capital loss occurred after India's economic reforms in 1991.
SPECIAL: She fought cerebral palsy to be an entrepreneur
Twenty-eight year old Archana Achuthan is mildly affected by cerebral palsy, but that has not deterred her from studying and becoming a social entrepreneur.
Will Emami Group survive the AMRI Hospital fire?
Emami's soaring fortunes have been dragged down to earth by the blaze that torched its AMRI Hospital, killing 93 people. With seven directors -- six of them family members -- in jail or absconding, can the Emami Group survive the rocky road ahead?
GOLDEN tips on how best to build your MF portfolio
Every investor must have a clear game-plan and set financial goals based on certain pre-defined objectives with specified time frames.
India to become 5th LARGEST economy by 2020
Brazil now has a bigger economy than the United Kingdom.
Why China's growth is set to fall in 2012
China's growth rate may fall to about 8.5 per cent if the European Union crisis deteriorates into a global meltdown.
Consumer durable companies also had a tough year
According to the Consumer Electronics and Appliances Manufacturers Association (CEAMA), the estimated Rs 35,000 crore (Rs 350 billion) Indian consumer durables market, which has giants like LG, Sony, Videocon, Samsung and Panasonic, did not grow as expected, with air-conditioners being the biggest spoilsport.
IMAGES: World's 20 BEST airports
Asia boasts of some of the world's swankiest airports
Ten key trends that will redefine consumer behaviour
Every year, marketing and communication giant JWT surveys the markets around the world to spot the following year's trends. Here's a snapshot of the trends it has spotted for 2012.
India Inc milks weak rupee through overseas trades
Bigger players tap non-deliverable forwards market to make a killing.
India is changing, but for whom?
While India's economy is changing, its guts are still being gnawed at by corruption.
Government in ICU, economy in ICCU
One wants to partner success, not failure: this is especially true of global investors. Once Indian entrepreneurs invest and are successful, foreign investment will partner them.
In GRAPHICS: The state of the Indian economy
In GRAPHICS: The state of the Indian economy.
IMAGES: 8 stunning cars that you will soon see in India
In less than two weeks, the 11th Auto Expo will start in New Delhi.
Mother hints at closeness between Ambani brothers
The markets had been speculating for weeks, but on Monday corporate India's first family got into it as well.
IMAGES: A stunning Superbus that beats a private Limo!
This Superbus is a 15-meter long electric vehicle with seating for 23 passengers and it travels at a speed of 250 kilometres per hour.
IMAGES: 30 most-visited attractions in the world
People, including Indians, are travelling more to see some of the most amazing places in the world.
SPECIAL: How your HRA helps you save tax
There are many tax components you need to be clear about and also figure out how to plan your investments to gain maximum returns as well as maximum tax benefits.
|December 26, 2011|
|Industry leaders must not only CRIB about policy coma|
Heads of the leading business chambers -- Ficci and Assocham -- on Monday said the industry has 'equal responsibility' along with the government to pull the economy out of slowdown without always 'cribbing about policy paralysis'.
Tata to REPLACE starter motor in 140,000 Nano cars!
In the biggest-ever replacement exercise in Indian automobile history, Tata Motors has asked an estimated 1.40 lakh (140,000) Nano owners to bring back their cars for change of the starter motor free-of-cost.
Battery woes? Hydrogen powered gadgets from Apple soon!
Apple is said to be working on laptops and smartphones powered by hydrogen fuel cells that would last for weeks without needing to be refuelled.
5 corporate honchos who will rule Indian business in 2012
Meet the corporate biggies who will make it big in 2012.
Hurry! Book your car and get huge DISCOUNTS
Most of the discounts are being offered on the petrol versions of the cars.
Bihar: From Bimaru to booming?
All may not be hunky-dory in Bihar, but its chief minister and people deserve full marks for trying.
Why 2012 may be GOOD for Indian economy
If the government can get even a minimalist agenda going while improving its management of infrastructure, and if the Reserve Bank of India can cut interest rates quickly, the Indian script for 2012 could change.
Slow growth, lack of reforms to weigh down markets
Indian shares may not be able to build solid gains on last week's relief rally as concerns surrounding slowing growth in Asia's third-largest economy and lingering worries over euro zone debt crisis will continue to temper investors' enthusiasm.
Domestic traffic: India's busiest airports
Bengaluru International Airport Limited (BIAL), among India's five privately owned airports, has said it is now the country's third busiest in terms of domestic traffic.
India's small units faced big problems in 2011
MSMEs contribute immensely to the industrial landscape of the country in terms of their 45 per cent share of manufacturing output and 40 per cent of exports.
Mobiles apps to get bigger and better in 2012
Mobile Apps revolution. Internet usage on mobile phones is growing at a scorching pace, giving rise to predictions that mobile internet usage will soon overtake desktop computers. It is estimated that the apps market in 2012 will be worth $17.5 bn.
Silver lining in the dark clouds
Companies are focusing on building a larger market base through mass market or alternative product variants, shedding premium tags for technically advanced products, providing cost efficient solutions and exploring synergies to match the ever decreasing customer threshold for consumption against the grim economic background.
Images: 5 STUNNING cars to be launched next week
Going one step ahead, a number of car makers are planning to launch their new car models in the first week of the January 2012.
COLUMN: India needs to rethink the notion of 'smart cities'
Influx of millions of rural hopefuls chasing the middle-class dream will stretch the capacity of cities, says .
PM's lament unjustified, govt must buck up, says India Inc
Differing with Prime Minister Manmohan Singh, who feels the corporate sector has been harsh in blaming the government, leading players in India Inc say a policy paralysis in the government and its inability to push reforms have indeed led to an economic slowdown and Singh's criticism is not justified.
2011: High traffic, yet huge losses for India's airlines!
The Indian aviation industry faced a paradoxical situation in 2011 suffering huge losses in the face of a burgeoning domestic air traffic, as it battled high fuel costs and fierce competition while looking up to the government for help.
Mamata's promises of resurgence stare at Bengal's economy
Even existing projects are yet to take off, courtesy land policy.
Amazing and historical PHOTOS of Saab's cars
Swedish car manufacturer, Saab, has filed for bankruptcy.
IMAGES: America's 30 largest companies
Wal-Mart Stores continues to top the Fortune 500 list.
Top global challenges and opportunities in 2012
Faced with a challenging and unfavourable economic backdrop, institutional investors should focus on agility, flexibility and efficiency.
|December 23, 2011|
|COLUMN: Towards catastrophic 4-degree global warming|
Durban will create climate apartheid, under which rich polluters evade responsibility, but underprivileged people suffer the worst effects of climate change for which they are least responsible.
The fall of the rupee: When is it going to stop?
As the rupee continues its downward slide it could have some unpalatable consequences.
'The US has a fairer environment to succeed'
I think competing in India is very difficult.
PHOTOS: India's BEST performing airlines
Domestic airlines carried 550.32 lakh passengers during January-November 2011 as against 468.09 lakh passengers during the corresponding period of previous year, registering a growth of over 17.6 per cent.
Small stocks take big beating in 2011
The downslide on Dalal Street did not spare big names in 2011, but small stocks lived up to their nomenclature with a much more sickening slump and investment in mid-cap companies also turned out to be messy affair.
Republicans give in to Obama's pay roll tax cut demand
The Republicans, who hold the majority in the US House of Representatives, finally caved in and agreed to extend the pay roll tax cut for two months, as demanded by President Barack Obama and thus gave him a big political advantage on the eve of the election-year.
Govt trying for consensus on FDI in retail, reforms
Expressing commitment to push forward economic reforms, Finance Minister Pranab Mukherjee today said the government is making efforts to build a consensus on important economic legislations, including PFRDA and foreign investment in multi-brand retail.
2 basic errors that could CRIPPLE India's growth
If either failure of comprehension stays uncorrected, 2012 will be a singularly disastrous year, says .
Credit ratings: Weak economies ranked HIGHER than India
Moody's upgrade should start a long-overdue correction. Credibility of the big credit rating agencies is under threat.
Beware of these 12 online Christmas scams!
According to a report released by computer security company McAfee, there are many scammers out there who are trying out numerous ways to take advantage of innocent shoppers.
Say goodbye to cheap new drugs
Government plans to move from controlling bulk drugs to formulations.
DoT stops 3G services under roaming pacts
Says Airtel-Vodafone-Idea pacts violate licence terms; firms may move TDSAT.
IMAGES: India's BEST railway, road bridges
India has an impressive network of road and railway bridges.
2013 will be a better year, says StanChart head
This is a significant slowdown - no doubt about that, says Neeraj Swaroop.
Indians may get 12% salary HIKE in the New Year
Amid economic sluggishness, employees in the country have a reason to smile as a survey has predicted up to 12 per cent pay hikes in the New Year.
Politicians, cops most corrupt in India: Survey
Seventy-four per cent Indians feel that the level of corruption in the country has gone up in the last three years and perceive politicians and police to be the most corrupt, according to a survey.
Most stocks prove DUDS in a nightmarish year
60% stocks in BS 200 underperform the Sensex in 2011.
Leaders in a hall of mirrors
Most corporate bosses suffer from delusions of indispensability.
30 countries that face most or least VISA restrictions
There are some nations whose citizens can travel to almost anywhere without any restriction.
IMAGES: India's 8 fastest-growing companies
These companies are poised to be star performers of the future.
Toyota to recall 41,000 Etios, Liva models in India
Japanese carmaker Toyota is recalling 41,000 units of its sedan Etios and small car Liva in India to replace faulty inlet pipe to fuel tank.
|December 22, 2011|
|US Bill on outsourcing cause of concern: India|
India on Thursday expressed concern over the proposed US Call Centre Bill, but said that it is premature to assess the impact of the decision on the domestic IT industry.
Banking system stable, but weak spots in economy: RBI
India's banking system is stable and can withstand global shocks, but there are weak spots like decelerating growth and rising fiscal deficit which need to be addressed, said a Reserve Bank report.
Indian stocks markets may FALL further!
According to global equity research firm CLSA, the Indian market is still trading with a 'premium', although it has come down considerably.
Force Motors to launch hybrid version of Traveller
Force Motors on Thursday said it will launch a hybrid variant of its commercial vehicle 'Traveller' by the end of 2012 after unveiling to the public at the upcoming Auto Expo next month.
PHOTOS: India's BEST performing airlines
Domestic airlines carried 550.32 lakh passengers during January-November 2011 as against 468.09 lakh passengers during the corresponding period of previous year, registering a growth of over 17.6 per cent.
Mahindra to launch its first compact car next year
More than a year after Mahindra & Mahindra bought stake in Reva Electric Car Company, the SUV-maker is gearing up to launch its first compact car -- it promises nine times the mileage generated by the country's most fuel-efficient petrol-powered car.
India's 30 BEST cities to live and work in
A livable city is one that directly benefits the people who live and work in it.
'Slowdown will continue in Oct-Dec quarter'
India may end the financial year with a seven per cent GDP growth rate, as the economic deceleration is expected to continue in the third quarter, said Montek Singh Ahluwalia, deputy chairman of the Planning Commission.
Food inflation plunges to 4-year low of 1.81 per cent
Food inflation fell sharply to a near four-year low of 1.81 per cent for the week ended
A tale of West Bengal's missing data
In a central govt report, the state only has figures from 2001-02 to 2003-04. But nothing after that.
Asia to be fastest-growing banking hub by 2015
Asia would become a major hub for corporate and investment banking in five years, according to a report released by McKinsey.
Little known and MEGA events will reshape future
As the year 2011 comes to a close we are faced with extremes of hope and despair.
What India can do to track black MONEY abroad
There is much more that the government can do to track money hidden abroad.
Buying peace of mind after the SPLURGE
An extended warranty is often more than worth the cost; though expensive, manufacturer's warranty works best for electronic items.
India's economy is running out of POWER!
India's economy is running out of power. Separate the markets for base- and peak-load power consumption, says .
The GOLDEN journey of Honda City, since 1981!
The glorious journey of Honda City began in 1981. From then on, Honda City has gone through several transformation phases.
PHOTOS: India's 30 biggest companies
India's biggest companies are public sector undertakings (PSUs) in the oil & gas sector.
The 7 most-SEARCHED Indian cars on the Net!
Here's the Google Zeitgeist list of the most sought-after cars in India. Seven cars from different car manufacturers top the list.
Auto Expo: 50 global launches, but visitors to be restricted
As many as 50 global brands will showcase products at the 11th Auto Expo next month, although organisers have decided to restrict the number of daily visitors which could cost the show its tag of the world's second largest auto show in terms of footfalls.
|December 21, 2011|
|India back in trillion-dollar market-cap club!|
Within a day of slipping out of the coveted league of countries with trillion-dollar-size stock markets, India today regained this status as a 510-point strong Sensex rally boosted its market capitalisation to $1.02 trillion.
2G: Essar surprised by CBI stance; Ravi Ruia quits
Essar Energy chairman Ravi Ruia on Wednesday announced his decision to step down from the post amid the Central Bureau of Investigation claiming that the Essar Group had suppressed facts related to its equity holding in Loop Telecom, an allegation denied by the conglomerate.
Moody's upgrades Indian bonds, pegs GDP below 7%
The same rating agency, however said India's GDP growth rate would go below 7 per cent in the current fiscal from 8.5 per cent a year ago.
Gold glitters with second biggest gain in 2011; up by Rs 1,025
Gold today zoomed by Rs 1,025, its second biggest rise this year, to Rs 28,990 per 10 grams, on brisk buying by stockists and investors amid a firming global trend and shifting of funds to the precious metal from volatile equity and forex markets.
Ranbaxy settles case with USFDA, to pay $500 mn
Drug-maker Ranbaxy Laboratories on Wednesday said it has signed an agreement with the US health regulator to lift a ban on the import of drugs from certain manufacturing plants in India and will pay up to $500 million to settle a case lodged by the Department of Justice.
Sensex zooms riding on European cues
Markets extended their gains in noon trades led by banks, capital goods and index heavyweights Reliance Industries, HDFC and Infosys and ICICI Bank.
The 30 highest paid CEOs in the US
There are some CEOs who not only get paid millions of dollars, but are also rewarded with shares.
Ten Indians in Forbes '30 under 30' list
From a 29-year-old Goldman Sachs director to a graduate student developing energy conserving sensors, about 10 Indian-origin young turks have been named in a Forbes list of "tomorrow's brightest stars" who are "reinventing the world".
India is too emotional, says world's top analyst
When the world is happily dealing with unstable countries, why shouldn't India? asks world's leading geo-strategist Parag Khanna.
IMAGES: 10 best SUVs in India
The manufacturers are not only keen to introduce small cars in India but also luxurious sedans and stunning SUVs.
Audi snaps at Mercedes' heels
Audi, the premium car maker from the Volkswagen fold and the latest entrant in the luxury segment, has declared its intention: topple Mercedes Benz from its second spot in the next two years.
The crisis now is worse than in 2008: India Inc
Some still hopeful, most say lack of confidence has made the difference.
IMAGES: 30 Indian cities that will soon boast of solar power
India's Ministry of New and Renewable Energy proposes to develop 60 cities as solar cities.
30 countries that have MOST holidays
Employees in Asia fare poorly compared with the rest of the world.
PHOTOS: Onboard India's most expensive train
Luxury knows no bounds on India's most expensive train, The Maharajas' Express.
Nokia's Windows phone Lumia shines
Lumia range is make-or-break for both Nokia and Microsoft where each is desperate for a successful device that can take Windows operating system to the masses.
|December 20, 2011|
|IMAGES: It's raining superbikes in India|
The sales of superbikes are happening fast, even with the eye-popping prices that they sport. The bikes are moving off the shelves faster than perhaps the bikes themselves.
Turbulent times ahead for the insurance sector
Low margins and cash crunch have resulted in job cuts and a decline in the insurance industry. A policy roadblock is making it worse.
US call centre bill aims to STOP jobs coming to India
A bipartisan Bill has been tabled in the US House of Representatives to make companies that move call centres overseas ineligible for grants or guaranteed loans from the American government, a move aimed at stemming the tide of jobs heading to nations like India.
How New Companies Bill will empower small investors
The class action suit, a handy weapon for small investors seeking relief from errant corporations, will soon be available in India.
Why are small saving schemes no longer lucrative?
These schemes now cease to be lucrative in spite of a raise in most of their returns. Reason: These schemes are now linked to the market.
Striking IMAGES from the world of business
Take a glimpse at the striking images from the world of business in 2011.
FinMin on what's hurting India's growth
Attributing the slowdown to the Reserve Bank's tight monetary policy and global problems, the government on Tuesday informed Parliament that economic growth in 2011-12 will moderate to 7.5 per cent, from 8.5 per cent in the previous fiscal.
Rs 300 crore in black money unearthed in Apr-Oct
The I-T department has issued 2,190 warrants and seized assets worth Rs 299.63 crore (Rs 2.996 billion), Finance Minister Pranab Mukherjee said in the Rajya Sabha.
Year-end break? It's work time for 71% Indians!
The upcoming festive season will be work-time for an average of seven in every ten employees in India, but a vast majority of them still expect the level of productivity to remain low during this period, says a survey.
Sumant Sinha: The wind talker in pinstripes
Why Sumant Sinha, chairman & CEO, ReNew Wind Power sees value in the renewable energy business.
HSBC to cut jobs in India
The move is aimed at reducing costs and improving efficiency.
STUNNING pics: World's 30 most unusual buildings
These are the modern architectural wonders of the world.
REWIND: Some Best Ads of 2011
The flavour for this year was Musicals. Apart from the usual suspects, some unusual product categories like fans (consumer durables) and industry bodies like World Gold Council managed to surprise us with some interesting concepts.
Maruti Alto K10 vs Hyundai Eon: And the WINNER is...
Eon has enough substance to disrupt Alto's free run.
'Uncertainty the biggest challenge for IT sector'
The IT companies are not getting clarity about clients' IT budgets because of this uncertainty.
PHOTOS: Onboard the world's BIGGEST cruise ship
The world's biggest cruise ship, Allure of the Seas is indeed a floating palace.
Economic development: India ranks among the TOP nations
Index analyzes drivers of financial system development that support economic growth.
|December 19, 2011|
|PHOTOS: Amritsar to get a modern pod-car system!|
Amritsar can soon boast of one of the most modern modes of transport.
India's root problem? Labour laws
The answer to the problems of high inflation and slowing growth, and low farm incomes, would lie in addressing the basic reforms that India is still to attempt -- like labour laws, says .
Now, a superfast camera that captures the speed of light!
A team at the Massachusetts Institute of Technology claims its superfast camera can show a bullet-shaped pulse of light travelling from one end of a laboratory flask to another in a fraction of a second, the British media said.
Special: The STAR stocks of 2011
24 stocks in the BS 200 list have stayed in the positive territory.
Primary capital market: Fund-raising at 8-year low
Fund-raising from primary market by listed and unlisted companies has hit an eight-year low in 2011. The calendar year has seen the lowest realisations from public offers since 2003, mainly on account of poor conditions in the secondary market.
Watch out retail giants! Online majors aim for the sky
Indian non-store market set to touch Rs 57,500 crore by the end of the year.
With dollar shining, NRIs on a property-buying spree!
Most developers Business Standard spoke to claimed a 25 to 30 per cent spurt in sales to NRIs over the last two months.
RARE images: New York's infrastructure since 1904!
If New York were an independent nation, it would rank as the 16th largest economy in the world.
Re drops by 48 paise to breach Rs 53/$ again
The domestic currency moved in a range between Rs 52.80 and Rs 53.18 per dollar during morning deals.
Microsoft takes on Apple, Android
Code named Mango, this new OS for mobile handsets comes powered with many familiar applications of the most popular operating system in the PC world.
IMAGES: 30 richest Indians in the world
Although the world economy is going through tough economic times, the number of Indians making it to the global rich list is increasing.
New direct taxes code unlikely in next Budget
But, govt plans to bring some provisions that can't wait.
PHOTOS: Inside the stunning transparent Airbus and A380
Come 2050, and you can fly in a fully transparent plane enjoying the panoramic views of the sky.
IMAGES: 30 most expensive cities in the world
Last 12 months have seen considerable increases in the cost of food, oil and other commodities in many parts of the world.
|December 16, 2011|
|Arrest warrant against Mukesh Ambani|
A bailable arrest warrant has been issued against Mukesh Ambani, chairman and managing director, Reliance Industries Ltd, by a consumer forum in Thissur for failure to pay Rs 24,000 fine to a person who had purchased a mobile from a Reliance outlet in 2003.
Experts welcome RBI decision to keep rates unchanged
The Reserve Bank of India's move to pause its hawkish Monetary Policy stance is on expected lines as high interest rates affect the economic growth, bankers and analysts said.
Auditors should provide early warning signals: Subbarao
Terming auditors as the 'eyes and ears' of the central bank, Governor Duvvuri Subbarao on Friday said accounting professionals should provide early warning signals so that better supervision can be ensured in the banking system and also called for an inter-disciplinary approach to the job.
INTERESTING story of India's first e-toilet
A government girls' school in Ernakulam has become the first school in the country to get an electronic public toilet.
Inflation can bounce back again, warns RBI
The Reserve Bank of India said it is closely watching the rupee situation and will respond appropriately, even as the local currency recovered against dollar by 2 per cent in the opening trade.
No rate hike by RBI makes India Inc happy
The halt in the RBI's monetary tightening drive comes after 13 hikes since March, 2010.
Can't speculate if we will start cutting rates soon, says RBI
Reserve Bank of India Governor D Subbarao on Friday said he cannot speculate on when he will start cutting policy rates, but assured that the central bank will ensure that there is enough liquidity in the system by conducting open market operations.
Here's how FDI in retail will help farmers, kirana stores
Opposition to FDI in retail is misguided, says Pranab Bardhan, professor of economics in University of California, Berkeley.
Rupee fall: RBI must be seen to be in control
Like inflation targeting, regulating a floating currency is all about managing expectations. The RBI cannot manage expectations if it appears helpless.
PHOTOS: The devastating effects of global warming
In the last 100 years, the earth's average surface temperature rose by about 0.8 degree Celsius with about two thirds of the increase occurring over just the last three decades.
How market uncertainty affected fund managers' net worth
The fund managers of Smart Portfolios' Season 4 generally remained on the sidelines during the past week, with few transactions to their credit. The uncertainty of the markets reflected on the fund managers' net worth.
IMAGES: When CEOs set the ramp on fire
For once they shed their formal wear and business suits to set the ramp on fire!
India is not going to hell
To read the daily papers, it would seem that India is going directly to hell.
BSNL's quest for IT: Challenges, solutions and results
In the past, BSNL had invested in IT, but it could never get the desired effect. In fact, a report pegged the company's expected 2010-11 losses to be over Rs 6,000 crore (Rs 60 billion).
RBI gives a breather, NO hike in interest rates
Consequently, the reverse repo rate under the LAF will remain unchanged at 7.5 per cent and the marginal standing facility (MSF) rate at 9.5 per cent.
'US economy owes a lot to the immigrants'
Republican presidential candidates today vowed to revamp the flawed immigration system of the country, in particular the legal immigration, with onenoting that half of the Fortune 500 companies in US were founded by immigrants.
Re woes: Caught on the wrong foot, firms take short-term bets
With the 21 per cent depreciation this year making most hedging strategies redundant.
REVEALED: How Indians are making money
Individual wealth of Indians is expected to triple by financial year 2016 to Rs 249 lakh crore.
Here's what taxi ride COSTS around the world
Taxi prices can be very confusing in any given city, so trying to compare all the cities together is complicated.
IMAGES: All new Honda City at Rs 6.99 lakh
Honda has made the new City more premium and stylish.
Slowdown no issue; Indians plan to travel more in 2012
The study, conducted by travel portal TripAdvisor, also found that 44 per cent of Indians plan to spend more on leisure travel next year despite the current economic climate.
|December 15, 2011|
|UPA-II must close ranks behind its only workable big idea|
The committee's objections are a curious mixture; some attack the very basis of the project, others question its implementation.
Indians pay Rs 3,700-crore bribe a year for land services alone
A whopping $700 million (about Rs 3,700 crore) is paid annually as bribe in India for land administration services, a joint study by United Nation's body FAO and Transparency International has observed.
RBI may give a breather, pause interest rate hike
Amid declining growth and moderating inflation, the Reserve Bank of India is likely to pause hike in interest rate at the mid-quarterly review of the Monetary Policy on Friday.
India's highest advance-tax payers in Q3
The largest financial institution, LIC, led the list of companies that paid up their advance tax this morning, with a spike in the amount to Rs 1,200 crore (Rs 12 billion) from Rs 1,070 crore (Rs 10.70 billion) a year ago, a senior income tax official said in New Delhi on Thursday.
US to certify Indian NGOs
Amid concern over some NGOs misusing foreign aid, the United States is preparing an online searchable database containing a vetted list of transparent and accountable Indian non-government bodies so that philanthropists can safely donate funds to them.
IMAGES: Italy shows off its new high-speed train
Italian operator Nuovo Trasporto Viaggiatori (NTV) launched its new high-speed trains called .Italo on December 13 at Nola, northwest of Naples.
REVEALED! How an IPO scam takes place
how operators and promoters relieve themselves on the heads of gullible and greedy retail investors.
Sibal meets social networking representatives
The government has called for an open dialogue with the social media firms and asked for opinions on how social media and e-governance can empower individuals and citizens of this country, Telecom Minister Kapil Sibal said after meeting representatives of these firms.
What India must do to keep its economy BOOMING
India's Foreign Secretary listed out some economic policies that emerging nations, particularly India, must adopt to keep them from driving off the growth path and also spoke about how these policies are closely linked with the nations' foreign policy.
Food inflation eases to nearly 4-year low of 4.35%
Food inflation, as measured by the Wholesale Price Index, stood at 6.6 per cent in the previous week.
China's doom story: The signs of a downfall
Among its various records, China now has the world's largest vacant malls, empty cities, and stalled amusement parks.
Debt crisis: Will a political UNION rescue Europe?
Debt levels in 18 OECD countries have gone up from 167 per cent of GDP back in 1980 to 314 per cent of GDP now.
Buying a second-hand car? Here's some GREAT advice
A used set of wheels is cheaper by 10-70 per cent. In fact, the moment a car rolls out of the showroom it is considered to be a used car and its value depreciates.
Beware: Banks may protect their employees over their customers
The bank will take its time to look into the complaint and carry out an investigation. Ultimately, if the bank refuses to admit its liability, the customer is forced to take recourse to legal action.
Bankers tried to create illegal investment arm for Anil: FSA
According to a report in the Financial Times, two UBS bankers tried to create Pleuri, an offshore vehicle through which Ambani 'could illegally invest in securities at home'.
Low business interest dogs PM's visit to Russia
India and Russia may have last year elevated their strategic partnership to "special and privileged status," but there seems no evidence of private enterprise in both countries following in the footsteps laid down by their respective governments.
IMAGES: 30 best companies to work for in India
There are some companies where work is a chore, while in some it is fun.
'Re plunge to cut India Inc's slowdown pains'
The domestic currency had tumbled by 48 paise to close at a record low of Rs 53.71/72 per dollar in the previous session on strong demand for the American currency and strengthening of the dollar against its rivals overseas.
The mystery of the Rs 1,00,000-cr bill
An avalanche of delayed projects has meant huge cost overruns where the taxpayer is left to foot the bill.
PHOTOS: The stunning City of Silk in Kuwait
A few years from now, a billion-dollar city will come up in Kuwait.
IMAGES: The stunning Nissan Sunny diesel at Rs 7.98 lakh
The Nissan Sunny diesel silently crept in the Indian market and the car maker has brought two variants -- XL and XV.
Re: Free fall continues, worst not over yet
In a poll conducted by Business Standard, a majority of respondents said the rupee would fall further at least till March, taking cues from global economic conditions and strong demand for dollar in the country.
IN PIX: Low-cost tablets try hard to woo buyers
There are many buyers in the market looking for low-cost tablet PCs.
Illegal investment arm for Anil? Reliance denies charge
In a statement issued from New Delhi, Ambani-led Reliance group, however, said that no charges have been levelled against them by the UK regulators in these proceedings.
|December 14, 2011|
|CBEC de-freezes Kingfisher, Air India bank a/cs|
The government has de-frozen the bank accounts of debt-ridden Kingfisher Airlines and Air India after the two air carriers made part-payment of their service tax dues.
RBI must focus on controlling inflation: PMEAC
With inflation still ruling above the 9 per cent mark, Prime Minister's Economic Advisory Committee (PMEAC) on Wednesday suggested that the Reserve Bank should continue to focus on controlling the rising prices.
Petrol may cost 65 paise per litre MORE from Friday
Petrol prices may be hiked by Rs 0.65 per litre this week if state-owned oil firms manage to get political approval for the move.
US fee hike: India hopes for early resolution to issue
India said on Wednesday that it has conveyed its concerns to the United States over the hike in fees for H1B and L category visas and hopes for an 'early resolution' of the issue as the move was affecting Indian companies.
Why companies increasingly opt for arbitration
"Companies ideally like to resolve issues across the table through discussions but this requires decisions to be taken by the government and that does not happen often," says a person who is closely associated with one of the high-profile arbitration cases with the UPA government that has now landed in the courts.
What makes Samsung Galaxy Note a cut above the rest?
Big -- that's how you would summarise Samsung Galaxy Note, the latest smartphone that claims to be a tablet too. The question that needs to be answered is why there is a buzz about the Samsung Galaxy Note, when the Dell Streak 5 too tried the same thing and pretty much collapsed in the process.
Asia to overtake US as world's top casino market by 2013: PwC
Asia will surpass the United States as the world's largest casino gaming market in 2013 on account of the region's robust economic growth and growing people interest for gambling, says a report by PwC last week.
Land utilisation: Car firms in slow gear
Automobile companies in India may have many headaches, but land availability doesn't figure in that list.
Anoop Prakash: The ex-US Marine who now sells Harleys in India
The ex-Marine is on a mission to capture the Indian market for heavyweight bikes.
Re tumbles further to a record low of Rs 53.8/$
The rupee resumed lower at Rs 53.54/55 per dollar on the Interbank Foreign Exchange, as against its previous close of Rs 53.23/24 per dollar, and declined further to a record low of Rs 53.80 against the American currency before quoting at Rs 53.60/61 per dollar at 1030 hours.
Here is PM's prescription for 9% growth
India needs to rapidly increase energy consumption to achieve the ambitious target of 9 per cent economic growth in the 12th Five-Year Plan (2012-17), Prime Minister Manmohan Singh said on Wednesday.
India's BEST cities: Here are the toppers!
Ahmedabad has been ranked as the best mega-city in India.
IMAGES: Oracle CEO's beautiful Woodside villa
Passionate about buying land, Ellison, co-founder and chief executive officer of Oracle Corporation, has acquired some of most beautiful houses and land since the 1990's.
IMAGES: World's most STUNNING railway stations
These swanky railway stations are a travellers' delight.
IMAGES: The top 20 companies in India
Ranking is based on latest sales and gross revenue figures.
|December 13, 2011|
|Air India's debt to oil cos: A whopping Rs 4,170 crore!|
Besides, it owes an interest of Rs 423.43 crore (Rs 4.23 billion) to IOC, Rs 92.73 crore (Rs 927.3 million) to BPCL and Rs 66.17 crore (Rs 661.7 million) to HPCL.
Fitch revises India growth projection to 7% in 2011-12
In its report, 'Global Economic Outlook: December 2011', the agency said the Indian economy is likely to regain the 8 per cent economic growth trajectory only in 2013-14.
Curtain raiser: 9 STUNNING cars at the Auto Expo 2012
In 2012, the Auto Expo will witness more than 55 new cars
Infosys, not RIL, is India's most influential stock!
Billionaire Mukesh Ambani-led Reliance Industries Ltd has lost its position as the Indian stock market's most influential individual company to IT major Infosys, following a recent plunge in its share price.
No policy paralysis; India can beat economic crisis: FM
India has the capacity and the resilience to overcome economic crisis, Finance Minister Pranab Mukherjee said on Tuesday in the Rajya Sabha.
Here's how you can combine innovation with a social cause
There is good news for Kolkata and maybe, eventually, the rest of urban India too. A report says that a Danish firm has designed a cart for food hawkers – there are 1.25 lakh of them in the city – which will enable them to ply their trade in a clean and hygienic way while taking up less space than do today's carts.
Investments for saving tax is just not enough
As the calendar year comes to an end, employees are asked to file investment declarations to their companies.
How to choose between safe and short-term investments
Bank fixed deposits offer assured returns but are entirely taxable. Ultra short-term debt funds can't specify returns but are tax efficient.
Capt Nair, Leela Group's boss, shares his success story
Nair is credited for introducing the West to a fabric called Bleeding Madras. It used vegetable dyes and the colour washed away with every wash. He marketed it in the United States as a fabric that would look different after every round in the laundry.
PHOTOS: World's most expensive business jets
These luxurious business jets are made for the billionaires and celebrities.
The money story: From barter to currency
Money has been a part of our history for the last 3,000 years.
Re drops to a historic low at 53.40/$
Dollar gains against other currencies overseas amid euro zone debt concerns also put pressure on the Indian rupee.
India's 50 most COMPETITIVE cities
Which are India's most competitive cities? The City Competitiveness Report 2011 -- unveiled by an international think tank, Institute For Competitiveness (IFC) -- aims to answer this question. Read on . . .
Rare IMAGES of Delhi's infrastructure since 1858
Delhi was once a provincial town and small commercial centre, but one decision changed its destiny forever.
|December 12, 2011|
|Unemployment is the world's fastest-rising fear|
The most frequently discussed issue in India while unemployment is the world's fastest-rising fear, according to a survey by the BBC covering 11,000 people in 23 countries.
Rupee in free fall; plummets to all-time low of 52.85/$
Forex dealers said a slew of measures like plunging stock markets, dollar gaining strength against its rivals in the overseas market weighed against the local currency which lost a whopping 81 paise against the Greenback on Monday.
Fraud alleged: Legal tussle over Sebi probe on DLF intensifies
A complainant has alleged that he was duped of his land worth Rs 34 crore by the DLF Group and following a direction by the Delhi high court, Sebi has ordered a full-fledged probe into the complaint.
2G: Essar bosses chargesheeted; deny role in scam
Besides Ruias, the CBI charged Essar Group director (strategy and Planning) Vikas Saraf, Loop Telecom promoters Kiran Khaitan and her husband I P Khaitan.
Metro Man Sreedharan to retire, says stint was 'very satisfying'
Set to retire on December 31, Delhi Metro chief Elattuvalapil Sreedharan sums up his 16-year experience as a 'very satisfying' and attributes the organisation's success to the 'different work culture' and fast decision-making process.
IMAGES: Cars that you will see at Auto Expo 2012
The 11th Auto Expo will be held from January 7 - 11, 2012, at Pragati Maidan in New Delhi.
Rich should stop buying subsidised LPG voluntarily: RPN Singh
In a bold suggestion, Minister of State for Petroleum R P N Singh today said affluent people should voluntarily stop buying subsidised LPG and said he will be the first person to pay market price for the fuel, which is Rs 287 per cylinder more than the current rate.
Now, world's smallest steam engine that actually works!
Although this cannot be used as yet, the experiment carried out by the researchers at the University of Stuttgart shows that an engine does basically work, even if it is on the microscale.
IN PIX: Luxury hotel chains to check into India
Many of the best luxury and ultra-luxury hotels from all over the world are readying plans to enter the India market, and are expected to set up chains over the next couple of years.
Spending on festivals: Where does India rank globally?
Are Indians able to stick to budget when it comes to spending on festivals?
Revealed: How Maruti plans to boost its sales
So at the beginning of the current financial year when the domestic automobile industry started to depict the first signs of a slowdown, MSIL resolved to intensify focus on such niche segments to bring in the additional numbers.
GDP at 6.5%: What lies ahead in 2012?
If the nascent US upturn gathers momentum, then the global scenario could look less disaster-prone a year from now.
Court stays order to REVEAL top loan defaulters
A court has stayed an order to Reserve Bank of India to publicly name top 100 loan defaulters.
Malware re-birth a new threat?
An international team, led by Murray Brand, says that a theoretical attack strategy it calls a malware rebirthing botnet would render existing antivirus measures obsolete by using different kinds of malware in a coordinated strike.
Delhi bucks national trend, consumes less petrol
It's a capital shock. Delhi, which has more cars than the three other metro cities put together, is seeing a drop in petrol consumption. This is against the national growth trend. The consumption of the fuel declined by a startling nine per cent in November, while diesel grew by 19 per cent. CNG sales have also grown by around 15 per cent.
PHOTOS: India's 20 most sought-after cities
Indian cities are getting more crowded as people continue to migrate in search of better prospects.
India's industrial output contracts by 5.1% in Oct
As per data released by the government on Monday, industrial output grew by 3.5 per cent in the April-October period this fiscal, as against 8.7 per cent in the same period last year.
GoAirHow GoAir plans to attract passengers
GoAir, run by the Wadia Group, has come out with an innovative way to attract passengers and reduce distribution cost. The smallest of all domestic airlines by market share, GoAir has rolled out a loyalty programme making it the first low-cost carrier to launch such a scheme.
IMAGES: Durban climate deal sealed, mixed outcome for India
Road map agreed for future treaty to legally bind polluters to cut emissions.
Stunning PHOTOS of Apple's new store in New York
Apple has opened its latest retail store in New York's historical Grand Central Terminal.
Income of Indians will DOUBLE faster than...
Until recently, average incomes in advanced countries were increasing at much faster rates than in the rest of the world.
10 BIGGEST corporate layoffs in US
With the world going through tough economic times, companies around the world are handing out pink slips.
Prepare for pay CUTS amid poor results
Indian companies have had a dismal last quarter, as is evident from their September quarter results. The slowdown seems to have alarmed companies enough to begin cutting corners.
|December 09, 2011|
|Govt doesn't intend to meddle with social media: Sibal|
He said the industry should develop a set of guidelines for screening of objectionable content after it is uploaded.
IMAGES: The 15 Euro nations that face a downgrade
Standard & Poor's has placed the sovereign ratings of 15 euro zone nations, including AAA-rated Germany and France, under 'CreditWatch'.
DLF eyes three big-ticket sales in 2012
The developer needs to realise Rs 3,000 crore (Rs 30 billion) to Rs 3,500 crore (Rs 35 billion) from non-core asset sales, to reach its 2011-12 goal.
7% growth? Concerned FM seeks Oppn's help
Contending that economic growth has been high during United Progressive Alliance rule, he admitted that gross domestic product of 7 per cent was 'not adequate' but refused to accept the opposition contention that it was all time low.
Why global auto majors are RUSHING to Gujarat
Consider this: by 2015-16, nearly one of every three cars that roll out in the country could be from Gujarat. If that's not enough, in the next three-five years, half the installed capacity for making cars in India will be located in the state.
Price rise, global slowdown hurting India, says Pranab
Finance Minister Pranab Mukherjee on Friday said surging food and fuel prices amid weak global economic growth are adversely impacting GDP growth of the country.
Will start work on West Bengal centre in 3-6 months: Infosys
IT major Infosys Technologies will start construction work on its first software development centre in West Bengal, at Rajarhat near here, in three to six months, a top company official said on Friday.
Probability of global recession low: RBI governor
The probability of a global recession is low, even though the United States is growing slowly and Europe is experiencing negative growth, Reserve Bank of India Governor D Subbarao said on Friday.
Govt lowers GDP growth forecast to 7.5 per cent
The government has pegged GDP growth for 2011-12 at 7.5 per cent (plus/minus 0.25 pc).
This is how a rising star was brought down to earth
Commerce and Industrial Promotion minister Anand Sharma's rise in government has been dizzying, which is why his current setback is also precipitous. Ahead of the cabinet meeting that took place after Sharma's project -- to ensure the approval of Foreign Direct Investment (FDI) in retail -- was given the thumbs down, his colleagues are asking some searching questions and seeking some hard answers.
Historical and amazing PHOTOS of Rolls-Royce
We take a look at Rolls-Royce's amazing and path-breaking journey.
The secret world of Maharashtra's PSUs
State-run public sector undertakings live in a mysterious world, without scrutiny from analysts or the public. Here's an overview of Maharashtra's PSUs.
Indian airlines: The WINNERS and the LOSERS!
There is a high possibility that one or two Indian airlines might not survive the rough weather.
IMAGES: World's most STUNNING airports
These airports with all the modern amenities make travel a memorable experience for passengers.
Businessmen who shaped Tamil Nadu's economy
Chennai, the fourth-largest metropolitan city in the country is a good example of how a place can converge tradition and modernity amicably.
In India, these sectors have MOST and LEAST jobs!
Some industries in India are booming, while some are not witnessing impressive growth.
Govt ties itself in knots on web pre-screening
While the government defends itself, citing the 'seriousness' of the issue, the Opposition suspects the attempts to 'censor' these online platforms by the government are also targeted at quashing the space for public criticism they enable.
Brinjal debacle still raw, Bt rice on course
Mahyco confident of regulatory approvals, plans launch within a year.
Gambling losses in top 15 countries
Some people bet big, really big.
|December 08, 2011|
|These smaller foreign food brands are eyeing India|
At a time when India is looking to open up its retail sector to foreign investments further, lesser known international food brands such Loon Tao, Berrylite and Sarpino's Pizzeria are set to announce their entry into the country to cash in on the opportunity.
Banks upbeat on credit card biz
Bankers are confident that unlike the last time, there would not be significant erosion in asset quality, since their expansion strategies are backed by rich information on borrowers' credit histories.
Security glitch: Photos of Facebook CEO that got leaked!
A security flaw in Facebook has exposed photographs of its founder Mark Zuckerberg from his private page.
Eurozone crisis to HIT global airlines hard
Airlines in Asia-Pacific expected to post losses worth $1.1 billion out of a total industry loss of $8.3 billion next year.
S D Shibulal: 'Middle class risk taker' who became Infosys CEO
Infosys' co-founder on multitasking at Infosys and the game-changers that made the company.
Food inflation declines sharply to 6.60%
According to data released by the government on Thursday, onions became cheaper by 39.20 per cent year-on-year during the week under review, while potato prices were down by 15.75 per cent.
Can the government muzzle websites?
Legal experts say under existing Indian cyber laws, Sibal cannot do much harm to Google, Yahoo, Facebook or the like. They are not so clear on whether it can be done, or to what extent.
Why internet companies are upset with Kapil Sibal
Kapil Sibal has caused a furore by suggesting that internet companies need to 'pre-screen' pages. Here's a peek at some of the chief issues being debated.
Is industrial growth really slowing?
India's industrial growth has been crawling below five per cent for months now and overall economic growth has moderated to a two-year low of 6.9 per cent in the second quarter of this financial year, say the statistics.
What makes Wal-Mart the world's LARGEST retailer
It is, in fact, so big and so furtively powerful that it has become an entirely different order of corporate being.
Why the govt wanted 358 items removed from Google
Google has received government requests for removal of 358 items from its services, including YouTube and Orkut, during the January-June period, according to a report by the Internet search giant.
Credit Suisse on the Sensex crash in 2012
The Sensex is likely to rule between 13,200 and 14,400 points and the rupee may touch Rs 54-55 by June next, Credit Suisse India has said in a report.
Will Hyderabad-Chennai route have these high speed trains?
Japan External Trade Organisation (Jetro) and Oriental Consultancy along with Parsons Brinkhoff India has bagged the contract to conduct the pre-feasibility study on the proposed 664 km long Hyderabad-Vijaywada-Chennai route for running the high speed train, a senior Railway Ministry official said.
IMAGES: America's stunning architectural marvels
Here's a look at some of the most stunning buildings in the US cities...
Indian cities with MOST and LEAST jobs
Here we present five Indian cities that are witnessing growth in job opportunities and five that are not.
New offer: Air India launches marriage gift vouchers!
Air India has come up with a "gift" this marriage session - 'Shagun Vouchers'.
IMAGES: Why the Tata Nano is here to stay
In November Tata Motors launched a brand new variant of Tata Nano.
|December 07, 2011|
|Inflation a concern but fundamentals are strong: Pranab|
Finance Minister Pranab Mukherjee said on Wednesday fundamentals of the Indian economy are strong despite concerns of inflation and growth, and the overall environment will improve significantly if Parliament functions and approves important legislations.
Crusade against black money to show results in 5 years: FinMin
Armed with information on secret bank accounts of citizens from 10 countries, the Finance Ministry said on Wednesday the results of its crusade against black money will be visible over the next five years.
Would you go for Walmart or 'Agarwalmart'?
Indian retail chains have not put small stores out of business.
Govt to look into telecom operators' concerns: PM
Telecom Ministry over issues ranging from one-time spectrum charges to 3G roaming and a uniform licence fee.
IMAGES: This is Google's new office!
The centre will work on open data, improving Google video search technologies and the Chrome operating system.
Obama to extend higher taxes for the rich
US President Barack Obama has defended his administration's push for extension of a payroll tax break package, which has run into a Republican roadblock in Congress, emphasising the widening inequality between the rich and middle class in America.
DTC to come into force from next fiscal: FM
To modernise the tax system, the government has proposed to replace the Income Tax Act, 1961, with a new legislation.
Sibal's move to control Internet is wrong
Government wants social-networking websites to pre-screen content.
US govt puts bill to ease green cards on hold
The bill, the 'Fairness for High-Skilled Immigrants Act' (HR 3012), which sailed through the US House of Representatives last week on a 389 to 15 vote, had been sent to the Senate for consideration.
Top 10 mobile application trends for 2012
Analysts have identified the top 10 cutting-edge technologies and trends for 2012.
Citigroup to axe 4,500 jobs soon
The job cuts will begin this quarter and be completed 'over the next few quarters' across a range of businesses, Pandit said at a Goldman Sachs Financial Services conference in New York.
Mallya's 'associate' white knight for Kingfisher
Though the UB Group chairman didn't name anybody, some of these associates could be the owners of Balaji Distilleries, whose breweries and distilleries were acquired by UB Group companies -- United Spirits and United Breweries -- during the last financial year.
Top 10 technology trends for 2012
The year 2012 is expected to be an exciting year for technology lovers.
DON'T MISS: Top 10 logo designers of the world
We present here 10 most famous and successful logo designers whose creations redefined the world of art.
Derogatory content: Govt, Google lock horns
Amid the raging controversy over content regulation online, Internet search giant Google India on Tuesday said it complies with the law of the land but will not remove any material just because it is controversial.