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October 07, 2013
Samsung Galaxy S4 Zoom: Is it a good phone or a camera?
To the purist, the Samsung Galaxy S4 Zoom annoys with its hybrid functions of camera and phone. But to the enthusiast, it is a good, ready-at-hand option
Indians MOST COMMITTED to their employers
Compensation, which is often perceived as the single-most important reason for choosing an employer, ranks the third-most important at 26 per cent globally.
Markets open on a negative note
The broader markets traded slightly higher with mid-caps and small-caps adding 0.1 per cent on the E.
World's LARGEST cruise ships
Earlier a mode of travel, they are now holiday destinations that house all modern-day facilities and world-class entertainment.
Is it all over between Bharti and Walmart?
The US firm puts the lid on possible front-end deal, says retail franchise with Bharti not tenable as base
Sensex firms' profit growth likely to be pale
IT, pharma and a few other sectors may see gains, but it will be pain for most in September quarter.
Countries that have the BEST workforce
India lacks behind and ranks 78 out of 122 countries that were assessed.
October 05, 2013
How Raghuram Rajan has performed so far
Rajan, who will complete a month as the governor of Reserve Bank of India on Friday has already succeeded in restoring calm in the foreign exchange market.
SBI joins ranks of dozen other headless PSUs
Delays in crucial PSU appointments a reflection of poor governance and political vested interests
5 reasons why rupee recovery may NOT last
Rupee has strengthened but is this sustainable.Or are we staring at a slip very soon.
October 04, 2013
US shutdown enters 4th day, Obama cancels trip to Asia
President Barack Obama on Friday cancelled his trip to Asia to attend two key summits due to the US government shutdown that entered its fourth day even as efforts to break the political standoff between Republicans and Democrats over the budget failed to make any headway.
BSE: Top gainers and losers
The 30- Share BSE Sensex ended 19924 up 22 points or 0.11 per cent, while the broader 50-share NSE Nifty closed down by 2 points or 0.01 pct at 5907.
US shutdown: Understanding the real problem
Dysfunctional US politics may set off another crisis.
For sensitive info, Indians prefer SMS, email over phone call
Text or email is comparatively an impersonal medium and people feel less hesitant to speak their mind.
Bill Gates, Ballmer seek re-election to Microsoft board
Microsoft Chairman Bill Gates and retiring Chief Executive Steve Ballmer are standing for re-election to Microsoft Corp's board of directors, despite recent moves by some investors to reduce their influence.
Top 5 Android smartphones priced at Rs 20,000 - Rs 30,000
Android smartphones in the Rs 20,000 to Rs 30,000 price bracket offer almost all features that are packed in top-of-the-line handsets.
PHOTOS: 10 countries that are favourite of high-tech companies
Let's take a look at some nations that are favourite of high-tech firms.
Market ends flat, Sep PMI weighs
Broader markets outperformed the benchmark indices marginally; E Small-cap ended 0.5% higher while mid-caps were up 0.2%.
Maharashtra plans another city, 80 km off Mumbai!
As a part of its plan to decongest Mumbai and Navi Mumbai, the Maharashtra government proposes to develop a third city in Uran, 80 km away from Mumbai in the Raigad district.
BMW 1-Series offer the best driving experience in its segment
It instantly puts a wide grin on the driver's face.
Skoda launches Octavia sedan at Rs 13.95 lakh
Three years after it discontinued selling Octavia in the Indian market, Skoda Auto India on Thursday relaunched the premium sedan priced between Rs 13.95 lakh and Rs 19.45 lakh.
IMAGES: 24 car companies that saw biggest jump in sales
Let's take a look at some car companies that saw biggest rise in sales.
Top retirement destinations in the world
These countries off easy life, better access to healthcare and cheaper cost of living.
Buildings that will change India's skyline
Let's take a look at some of the world-class buildings are coming in different Indian cities.
October 03, 2013
Govt approves Jet-Etihad stake sale deal
The Union Cabinet on Thursday cleared the Rs 2,058 crore (Rs 20.58 billion) stake sale deal between Jet Airways and Abu Dhabi carrier Etihad.
Income Tax officials raid diamond traders in Mumbai, Surat
Traders were producing fake purchase and sale billing receipts and also availing multiple loans on one consignment.
Mamata threatens action if Bengal refused loan waiver
Last Monday, she termed the Centre's silence over loan repayment restructuring as a 'political vendetta' to ruin Bengal.
Faltering Air India looks set for take-off
After several failed attempts, the state-owned carrier finally seems to be on track to become profitable as turnaround plan gains traction.
Remittances: India tops the global chart
As a percentage of GDP, the top recipients of remittances, in 2012, were Tajikistan (48 per cent), Kyrgyz Republic (31 per cent), Lesotho and Nepal (25 per cent each) and Moldova (24 per cent).
Why Chidambaram may be forced to wield the Budget knife
P Chidambaram will make a final decision on whether to go ahead with the cuts at the end of October, when he gets an update on revenue collections.
PHOTOS: 25 best countries for workers
Let's take a look at some of the best nations for employees.
India shining? Poor states continue to lag behind
For some sort of convergence among states, the recent outperformance by poor states has to continue for a long time.
Sky-high fares hit air travel in India
The average load factor for November stands at 75 per cent, as leisure travel records a rise at this time.
US govt shutdown: No progress on stalemate
Obama told lawmakers that he is not going to negotiate over the need for Congress to act to reopen the government or to raise the debt limit to pay the bills Congress has already
Has the Rajan panel BETRAYED Bihar?
While the rest of India marches towards the promised destiny of 'progress', Bihar - the heart of India- is doomed to poverty and the injustices of a caste-based society.
Infosys expected to raise FY14 revenue estimate
Company had pegged FY14 revenue growth at six-10% earlier
Tablets below Rs 20K? Yes and they are not even Chinese
The Indian tablet market has been dominated by Chinese or local players.
Brick by brick, Indian realty story crumbles
Housing launches drop up to 59 per cent in key markets; IT hub Bangalore only exception
Investors cheer China data, Sensex up 385 points
The broader markets ended higher with mid-caps and small-caps adding 1-1.3 per cent on the E.
Apple topples Coca-Cola to emerge as world's TOP brand
Let's take a look at some of the biggest names in the globe.
A stellar beginning for Tata's 'Mistry man'
Profit in FY13 up 18% to Rs 3,713 crore, dividend income jumps 37%
Why Bill Gates should step down from Microsoft
Compared to its peers, the company has not created shareholder value in the past 10 years.
Jewellers suffer as India tries to curb gold imports
Some are eying the competitive markets abroad.
October 02, 2013
LPG cylinders to be available at petrol pumps
The 5-kg cylinder will be price at market rate.
In picture: How the US shutdown affects the daily life
President Barack Obama and congressional Republicans came no closer to ending a standoff on Tuesday that has forced the first government shutdown in 17 years.
Why defaults on second home loans ARE INCREASING
High interest, inflation and grim job scenario result in repayment hurdles.
Microsoft's biggest investors want Bill Gates to STEP DOWN
Gates owns about 4.5 per cent of the $277 billion company and is its largest individual shareholder.
13 amazing facts that reveal McDonald's growth
Let's have a look at some amazing facts that reveal its reach and strength.
Govt draws a watertight case for Aadhaar
It pulls out past Supreme Court orders that run contrary to the latest one.
CEOs who walked away with millions after losing their jobs
Let's take a look at some of the biggest golden handshakes in the world.
Countries spending the most on foreign travels
Let's take a look at some of the biggest spenders on international travels.
In first day of US shutdown, no sign how it will end
As police cordoned off landmarks like the Lincoln Memorial and government agencies stopped cancer treatments and trade negotiations, Republicans in the House of Representatives moved to restore funding to national parks, veterans care and the District of Columbia.
October 01, 2013
India ranks 78th on human capital index
While India has scored well on parameters like workforce and employment, it has fared poorly for health and wellness of its labour force, WEF said.
US shutdown: What it means and will it impact India?
The US government began a partial shutdown on Tuesday for the first time in 17 years.
BSE: Top gainers and losers
The 30-share Sensex was up 137 points at 19,517 and the 50-share Nifty was up 45 points at 5,780.
Bentley drives in new Flying Spur at Rs 3.1 crore
Luxury carmaker Bentley on Tuesday launched its all new super premium sedan Flying Spur priced at Rs 3.1 crore.
Does India have the most ATMs in the developing world?
Let's take a look at how many ATMs countries in emerging markets have and how many use mobile phone to receive money.
Column: Decoding Governor Rajan
Raghuram Rajan's signal of a neutral stance is at odds with concerns about inflation and markets' revised expectation of more increases in the repo rate
The real culprit behind the hike in onion prices
The most plausible suspect for the price surge, therefore, is the inability of the market to channel onions from growers to consumers without too many intermediaries adding to costs.
Hyundai, M&M sales down; Maruti's up 12%
The company said its domestic sales increased by 1.8 per cent during the month to 90,399 units as against 88,801 units in September last year.
India's 10 BEST companies to work for
Google has been ranked as the best company to work for in India.
What the US government shutdown is all about
As many as 1 million U.S. federal employees could face unpaid furloughs or payless paydays.
Markets firm up led by rate banks
HDFC Bank, ICICI Bank, HDFC and SBI contributed the most to the gains in the Sensex up between 2-3% each.
World's LARGEST auto markets; India ranks 7
Emerging markets are fast becoming the biggest car markets in the world leaving behind developed economies such as US, Germany and Japan.
Modi wants Brand India sold globally
Modi said India has not done enough to exploit its full potential to emerge as an effective brand.
Here's proof: iPhone 5S is the fastest smartphone in the world
The company's 64-bit processor scores over all other smartphones on benchmarks test.
September 30, 2013
BSE: Top losers and gainers
The 30-share Sensex ended down 347 points or 1.8% at 19,380 and the 50-share Nifty ended down 98 points at 5,735.
Current Account Deficit widens to 4.9 per cent of GDP
India's current account deficit is narrower than expected at $21.8 billion, or 4.9 per cent of gross domestic product, in the June quarter.
In time of crisis RBI turns to gods for help
RBI has sent letters to the country's richest temples asking for details of their gold.
How much blackmoney is stashed abroad? Govt has no clear idea
The study was constituted in March 2011 when the nation was debating on the amount of black money stashed within as well as outside the country with figures being projected by politicians and civil society to lakh of crores.
Is Surajkund an attractive real estate hotspot?
Of late, Surajkund has been hyped as an attractive alternative real estate destination on the Delhi-National Capital Region (NCR) map.
No clinical trial of new drugs for now: SC
The court had earlier said that clinical trials of untested drugs on humans require certain mandatory standards to be followed and had also directed the government to put in
Will Tata Nano make for a good police patrol car? Your say...
The Nano patrol car is fitted with visual and audible warnings, which include beacons, a siren and search lights apart from a medical kit.
Images: World's first 'INVISIBLE' skyscraper
South Korea will build a 450-meter tall Tower Infinity, a building that can go 'invisible'.
Eight countries that have BIGGEST share of immigrants
Let's take a look at nations that have sizable share of immigrant population.
Raghuram Rajan on the right track to save economy
Everything seems to be falling in place for the new RBI governor but there is a need to prepare for the imminent tapering by the Fed.
The rupee alone can't resurrect India's fortune
The true upside in exports will only emerge when the competitiveness of an industry improves to a fundamental and sustainable level, and if we place our bets as a country in the right sectors and countries
Slowdown takes a toll on airline CEO salaries
Amid turbulent times in the aviation space, top executives of listed carriers have seen their salaries coming down, with low-cost SpiceJet's Chief Executive Officer (CEO) taking the biggest cut.
Rupee falls, yet Sept best month in a year
After trading hours, the government said the June-quarter current account deficit widened to $21.8 billion from $18.1 billion in the previous quarter.
Sensex slumps 350 points, US shutdown fears loom
Markets ended nearly 2% lower on worries over a probable US government shut down weighed on investor sentiment.
Women get upper hand in property DISPUTES
A resolution depends on the the kind of property held jointly and the ownership pattern
IMAGES: Unusual hotels around the world
Check out some of the unusual hotels around the world.
25 banks that target only the world's RICHEST families
Let's take a look at some banks that manage the wealth of richest families.
Petrol price cut by over Rs 3 a litre, diesel hiked
Petrol price has been cut by Rs 3.05 a litre.
Eight core sectors grow by 3.7% in August
The core industries, which also include coal, natural gas, refinery products and crude oil, having a weight of about 38 per cent in the Index of Industrial Production, grew
September 27, 2013
15 AMAZING facts that trace the rise of Google
Let's take a look at some amazing facts that trace its history.
Card fraud: Banks can't shrug responsibilities
The acquiring banks have to pay the amount paid by the bank without doubt within three working days of the issuing bank raising the claim, failing which the RBI would be
Google looks for talent in BlackBerry's backyard
Motorola and Google are growing their presence in Waterloo.
Google launches 'Hummingbird' on 15th birthday!
Google Inc has overhauled its search algorithm, the foundation of the Internet's dominant search engine, to better cope with the longer, more complex queries it has been getting from Web users.
59-60 right value for rupee, says Chidambaram
The Indian currency on Friday traded at 62.48, down 41 paise against the US dollar at 1645 hours.
Dedication, not money, matters during calamities: Nita Ambani
Kickstarting relief work for over 25,000 people affected by floods in Uttarakhand, Reliance Foundation Chairperson Nita Ambani has said that it is the dedication and sincerity towards lending a helping hand that matters more than money during times of natural calamities.
Anti-retail-FDI Mamata cool with foreign brands
Mamata Banerjee, who had pulled out of UPA-II over FDI in retail, among other issues, would dedicate mall to people of Kolkata.
Steve Ballmer bids farewell at last Microsoft employee meeting
Microsoft Corp Chief Executive Steve Ballmer took his farewell bow before thousands of applauding employees on Thursday with a typically loud and emotional performance at his last companywide meeting, talking up the software giant's prospects and taking swipes at rivals.
Is the Nokia Lumia 1020 impressive?
The 1020 has to live up to the perception of an imaging device.
Mr Prime Minister, bring up immigration issue directly with Obama
The comprehensive Senate immigration reform legislation, America Inc thinks, will adversely affect Indian IT companies and will have an inimical spillover impact on American firms too.
Soon, RBI to stop cash back on home loans
After banning 0% interest rate, central bank could crack down on EMI waiver too.
Rupee snaps two days of gains; closes at 62.52
Forex dealers said besides selling of the American currency by banks and exporters, easing of norms by Reserve Bank for providing swaps to banks that are borrowing funds overseas and a higher opening in the domestic stock market
IMAGES: 25 airlines flying oldest planes in the world
Let's take a look at some airlines having oldest fleet in the world.
PHOTOS: 18 biggest fast-food chains in the world
Let's have a look at some of the biggest fast-food chains in the world.
The secret behind redBus' success story
redBus.in is the second highest transacted travel website in the country, next only to IRCTC.
World's best selling cars; Swift ranks 20
Competing with the cars from big auto companies, Swift and Swift Dzire have made its way into the top 20.
September 26, 2013
BSE: Top losers and gainers
The Sensex ended higher by 38 points at 19,894 mark and the Nifty was up by 8 points at 5,882 levels.
Philanthropy has to be spontaneous, can't be forced: Premji
Referring to the issue related to Corporate Social Responsibility (CSR), which has been made mandatory by the new laws that govern companies, IT czar Azim Premji on Wednesday said philanthropy cannot be forced and it has to be spontaneous.
Sachin, Dhoni, Shah Rukh, Salman's tax accounts also hacked
According to police, during the probe of the case of a Hyderabad-based young CA student hacking into the IT account of Ambani, it has emerged that the business tycoon's account was also fraudulently accessed from Noida.
PHOTOS: No Gujarat on Rajan's list of 7 most developed states
Raghuram Rajan panel report has made a case for ending the 'special category' criteria.
Why the new pay panel spells doom for India's finances
Central pay commissions in the past have usually been set up after every 10 years and the 10-year period of the current sixth central pay commission would be over by 2015.
Ban on zero-interest schemes, a boon for customers
The apex bank is taking away the 'psychological hook' that schemes with zero interest have on consumers.
Rupee hits 1-week high as foreign banks sell dollars
The rupee on Wednesday settled at 62.44 against the dollar, up 31 paise over the previous close.
Asia-Pacific to be biggest home for super-rich by 2014
In 2012, the number of HNIs in the region increased 9.4 per cent to a record 3.68 million and their collective wealth grew to $12 trillion.
IMAGES: 16 major foreign acquisitions made by China
Let's take a look at some of the biggest acquisitions carried out by Chinese companies in recent years.
Mumbai is the 2nd MOST HONEST city in the world
A survey conducted by Reader's Digest magazine reveals how people across different cities reacted after finding lost wallets.
Samsung to launch smartphone with curved display in October
Curved displays are an early stage in screen evolution, which is shifting to bendable or foldable designs.
Amazon unveils two powerful tablets
It has a feature which instantly brings up a video chat with a tech-support representative who can tell a user how to operate the device.
Fiat launches Linea Classic at Rs 5.99 lakh
it is a low-cost variant of the Linea, which will cater to entry-level sedan segment.
The 12 best selling aircraft in the world
These aircraft are still in production and also used for civil purposes.
Nokia launches Lumia 1020 with 41 megapixel camera
The price of the device will be disclosed on October 10 but as per estimates, it will be available in the range of Rs 47,000-Rs 48,000.
'Crores spent on populist schemes hits the economy'
In a veiled reference to various populist schemes of the United Progressive Alliance (UPA) government, Arun Jaitley, Leader of Opposition in the Rajya Sabha, "When crores are spent not on asset creation but on populist schemes, it disturbs the economy of the country."
September 25, 2013
Obama-Singh meeting to re-energise Indo-US ties: Inderfurth
"I think the principle benefit would be greater visibility to the relationship at the highest level with President Obama and Prime Minister Singh," Karl F 'Rick' Inderfurth, the former Assistant Secretary of State for South Asian Affairs said.
Big crisis: Why superpower China is thirsty
Beijing blames climate change for wreaking havoc on scarce water resources.
New Tata Nano: A great first car
The update to the Tata Nano makes it a more appealing package.
Why the Indian economy is a sinking ship under UPA
The United Progressive Alliance's (UPA) growth story is far from truth and is mere a statistical jugglery.
RBI bans 0% interest rate scheme for buying goods
The RBI on Wednesday banned zero per cent interest rate scheme for purchase of consumer goods, a move intended to protect customers but may dampen the festive spirit.
BSE: Top losers and gainers
Markets ended lower this Wednesday after a volatile trading session as global investor sentiments remained edgy on concerns over political dysfunction in US as lawmakers struggled to keep the government offices running ahead of next month's budget default.
India-US ties lose shine over economic differences
When Prime Minister Manmohan Singh last visited the White House in 2009 he was feted at President Barack Obama's first state dinner, a star-studded affair that reflected the excitement about blooming ties between the two big democracies.
Customs clear part of imported gold
The country's gold jewellery exports climbed in August from the previous month on improving US demand.
Meet Maruti Etriga competitors: Honda Mobilio, Datsun Go+
Both the MPVs were recently unveiled in the Indonesian market and will soon be launched in India to lure the customers.
India still offers exciting opportunities: Mark Mobius
Mark Mobius, executive chairman of Templeton Emerging Markets Group still believes in the emerging markets growth story.
Microsoft unlikely to gain from Asha
Most see MS' purchase of rights to Asha as a reinforcement of its salience.
Glaring errors in Modi's big claims will backfire
Narendra Modi should worry about fact-checking.
25 countries where iPhone 5 is most EXPENSIVE
Let's take a look at the price of an iPhone 5 in various nations.
Singapore Airlines bets big with Tata JV
Its full-service plans with the Tata JV might counter modest profits and competition from all quarters.
Rupee snaps three-day fall as foreign banks sell dollars
Traders said the rally in the domestic market was closely mirroring moves in the non-deliverable forwards which was leading the spot market gains.
September 24, 2013
BSE: Top gainers and losers
The 30-share Sensex ended up 19 points at 19,920 after touching a high of 20,050 and a low of 19,783 and the 50-share Nifty ended up 3 points at 5,892 after touching a high of 5,938 and a low of 5,855.
India among most vulnerable economies in emerging markets
Let's take a look at some of these nations, including India.
After AirAsia, Tatas board SIA for long haul
The new alliance will help the Tatas realise their long-cherished dream of flying abroad, while Singapore Airlines will get a foothold in the expanding Indian market
How two IITians are changing the way people commute
Mukesh Jha and Janardan Prasad have founded Autowale, a service that allows you to book an autorickshaw just like radio cabs.
8 most NOTABLE features of Apple's iOS 7
With its latest software update Apple breathes a new life into its iPhone and iPad.
Microsoft revamps Surface tablets to challenge Apple
Microsoft Corp unveiled faster, more powerful versions of its Surface tablet computer on Monday in an effort to boost poor sales of its flagship hardware product and mount a stronger challenge to Apple Inc's iPad.
Office space boom in India, China
Asia-Pacific economies continue to outpace other regions of the world, whose growth prospects have weakened over the first half of 2013.
World's most dynamic nations for business: US fails, China gains
The United States has failed to make it among the world's top ten dynamic nations.
Rupee weakens further by 15 paise to 62.75 vs USD
The rupee lost 37 paise to end at 62.60 against the
Meet Hyderabad-born Prem Watsa, the man who is buying BlackBerry
Often called Canada's version of Warren Buffet, Watsa preaches a long view that suggests it may be too early to assess his decision to take on a leading 10 per cent stake in BlackBerry.
The TALLEST buildings in India
Surrounded by sea on three sides, Mumbai has only one way to expand - vertically. And that's why, most of India's tallest building are located in the city.
Apple sells 9 million 5s, 5c iPhones in first three days
Apple Inc sold a higher-than-expected 9 million iPhone 5s and iPhone 5c models in the first three days following their Friday launch, prompting the company to issue a more optimistic financial forecast.
End of an era: The rise and fall of BlackBerry
Embattled smartphone company BlackBerry Ltd plans to go private in a $4.7 billion deal being orchestrated by its largest shareholder.
September 23, 2013
BlackBerry 'pauses' global rollout of BBM for Android, iOS
Smartphone maker BlackBerry has paused the global roll out of instant messaging service
These super luxury cars ready to vroom in India
Despite the rupee fluctuations, the coveted brands have lined up a record number of launches.
Is iPhone's fingerprint scanner hacked?
A group of German hackers claimed to have cracked the iPhone fingerprint scanner on Sunday, just two days after Apple Inc launched the technology that it promises will better protect devices from criminals and snoopers seeking access.
Should you be worried if your car is recalled?
The Automotive Research Association of India does a thorough check of all vehicles and if during these tests, parts work to perfection, then the cars are cleared.
Why India Inc admires Narendra Modi
A recent survey of 100 chief executives conducted by Nielsen for The Economic Times said 80 per cent want Modi to become prime minister.
Tata ventures likely to make air travel cheaper in India
With the launch of Tata AirAsia and Tata-SIA, the added capacity will bring down fares considerably, say observers.
Rs 58,000-cr real estate waiting to be SOLD
It could take more than two years to get sold.
5 IT CEOs with the HIGHEST salaries in India
It's not surprising that CEOs in IT companies are among the richest in India Inc.
IMAGES: The stunning Jaipur Metro comes to life
Heralding a great transformation in the state's transport network, Rajasthan Chief Minister Ashok Gehlot on Thursday flagged off the trial run of the Jaipur Metro.
Modi's claim of 8.4% growth during NDA regime false: Chidambaram
Chidambaram's statement was in response to Modi's reported claim of economic growth rate during Vajpayee government being 8.4 per cent.
Most EXPENSIVE cities for business travellers
Though Mumbai and Bangalore featured in the top 25 most visited cities, they are the cheapest for business travel.
Will Rajan's efforts to fight inflation succeed?
Dr Rajan has clearly sought to establish his credentials as an inflation fighter and the action should be seen as an indication of how monetary policy will operate during his term.
25 countries that have least income inequality
Let's take a look at some nations that have low income inequality.
Rupee extends losses vs USD, down 37 paise
The Indian currency was tracking the non-deliverable forwards while lower stock futures also hurt sentiment.
September 22, 2013
Should you BUY gold on the dip?
Investors looking to make a quick buck from the yellow metal should hold on for now.
September 21, 2013
How India can boost its foreign exchange reserves
Regrettably, another voluntary disclosure scheme may be needed to strengthen India's foreign exchange reserves.
Fancy salaries for top execs: Govt plays spoilsport
In a stringent set of executive pay disclosure norms, the government on Friday proposed to make it mandatory for listed companies to give their rationale behind salaries and hikes given to top management personnel vis-?-vis the business performance.
September 20, 2013
BSE: Top losers and gainers
The Sensex fell nearly 2 per cent on Friday after a surprise rate hike by the RBI led to a slide in rate-sensitives like banking and auto shares.
7 things I love about the iOS7: What's your take?
Apple Inc can look to an equally exciting future as it did under Jobs.
Maruti Suzuki launches new special edition Wagon R
This edition is dedicated to the bollywood actor R Madahavan who also happens to be the brand ambassador of the hatchback.
We are anti-inflation: Raghuram Rajan
RBI Governor Raghuram Rajan on Friday said repo rate has been hiked as inflation pressures remain high.
Inflation worry led RBI to hike rates: Experts
In his first monetary policy review since taking office on September 4, RBI Governor Raghuram Rajan increased the repo rate by 25 basis points to 7.50 per cent.
RBI hikes repo rate, loans to cost more
RBI kas hiked short-term lending (repo) rate by 0.25 per cent to 7.5 per cent.
Will the rupee appreciate sharply from current levels?
Experts said within a month, the currency wouldn't strengthen from current levels.
Indian economy in a new phase called 'Raghuram Rajya'
Undaunted by what non-ideal mortals call pragmatic reality, he rolled up his sleeves on his first day in office and rolled out a series of measures that turned sentiment, as if on a dime.
SPECIAL: Why investors love gold now
The US Federal Reserve's decision to continue bond-buying has lifted investor sentiment for gold and silver.
Rupee falls 46 paise to 62.23 vs USD
The rupee was at 62.08/12 versus Thursday's close of 61.77/78.
IMAGES: 25 best beer brands in the world
Let's take a look at some of the best rated beers in the world.
PHOTOS: India among countries that have highest GDP
Let's take a look at some economies that have highest GDP in the world.
Tatas among the 10 best companies for leadership in Asia
Which businesses most expect their employees to step up and lead? And also nurture them to do so? Find out...
All eyes on Rajan as industry pitches for rate cut
All eyes are on new Reserve Bank Governor Raghuram Rajan who will come out with his maiden monetary policy review on Friday amid conflicting demands for rate cut and an urgent need to contain inflation which soared to 6-month high of 6.1 per cent in August.
Rajan targets inflation, now will government go after growth?
Rajan was treated as the messiah who would rescue India from its current economic mess of growth stagnancy and high inflation.
September 19, 2013
BSE: Top gainers and losers
The 30-share Sensex ended 684 points higher at 20,647 and the 50-share Nifty added 216 points at 6,116 levels.
Tatas, Singapore Airlines to launch new airline in India
Tata Sons has signed a memorandum of understanding with Singapore Airlines to establish a new airline in India.
Blackberry could lay off up to 40% staff: Reports
BlackBerry Ltd plans to slash thousands of jobs by the end of the year, it was reported on Wednesday, just as the company launches a flagship smartphone intended to revive its fortunes.
Onions prices to ease in 2-3 weeks on fresh output: Minister
Agriculture Minister Sharad Pawar said on Thursday onion prices will ease in the next two-three weeks as fresh output arrives from Maharashtra and other states, providing relief to consumers.
Micromax launches 8-inch 'Canvas Tab' priced at Rs 16,500
Confident with the popularity of its Canvas phones, Micromax launched its first 'premium' 8-inch tablet.
Starbucks serves a local brew
The cafe chain is adding neighbourhood nuances to its decor and menu as it ventures deeper in India.
How India can build world class cities
Between 2010 and 2050 India is expected to add about 500 million to its 2011 urban population of 377 million.
20 most expensive hotels in the world
Among the 20 most expensive places, the cheapest one charges you an average rate of Rs 115,605 each night. The most expensive can cost you more than three times of this amount.
How to build your wealth in simple steps!
Building wealth is a topic often spoken about by many, but followed by very few. The reason for this is that wealth creation involves time and a lot of effort.
From chefs to cheese, your 5-star dining may soon go local
Rupee's weakness swells import bills of luxury hotel chains & restaurants, forces them to look for domestic alternatives.
Economic recovery? 46.5 million Americans live in poverty
The number of US residents living in poverty edged up to 46.5 million last year, the latest sign that an economic recovery marked by a stock market boom has not trickled down to ordinary Americans.
Fed surprises, sticks to stimulus as it cuts growth outlook
It wants to wait for more evidence of solid economic growth before making any changes.
IMAGES: CEOs making billions through company stocks
Let's take a look at some chief executives making billions thanks largely to stocks.
PHOTOS: 28 countries spending most on road infrastructure
Let's take a look at some countries spending a lot on improving their roads.
September 18, 2013
With economy sinking, India gets tough with 'babus'
India's finance ministry on Wednesday ordered small-bore austerity measures including a ban on holding meetings at five star hotels and creation of new posts in federal departments, at a time when government revenue growth has slowed down.
BSE: Top gainers and losers
Markets ended on a strong note after an extremely volatile trading session this Wednesday, on back of significant buying witnessed in the realty and bank spaces.
RBI, FinMin mull steps for cheaper auto, home loans
Reserve Bank of India Governor Raghuram Rajan, who will present his maiden policy on September 20, held discussions on Tuesday with Prime Minister Manmohan Singh and Finance Minister P Chidambaram on the macro-economic situation.
10 business people we'd like to see contesting the next election
Will Nandan Nilekani actually fight the elections? While the I-T czar says the question is speculative, here's our list of 10 eminent business leaders who should get on the stump.
BlackBerry unveils the Z30 with 5-in display, updated OS
The phone has bigger battery, better audio and the antenna is based on a newer technology that allows better reception and faster browsing.
A few useful tips to avoid financial crunches
Managing your finances efficiently is extremely critical in financial planning.
Why onion prices are as high Rs 80/kg?
Onion prices both in wholesale and retail markets in most parts of the country have seen a sharp increase since July.
Meet the nuclear physicist who builds ports
If you are proud of your birthplace you will be happy, says Vijay Papparao, in a conversation with
Flipkart: From a revenue-guzzler to an asset-light e-tailer
The company has often come under scrutiny for being dismissive about 'profitability' and unmindful of the high cost of running an inventory-led business, aided by deep discounts and free shipping.
We need to look beyond gloom & doom: Mukesh Ambani
Sounding confident that the economy will overcome the current crisis, Reliance Industries chairman Mukesh Ambani said there is a need to look beyond the gloom and doom.
Polo GT TDI: Most powerful diesel car in its segment
The hot hatch comes with the right balance of power and mileage.
Why reviewers love the new iPhone 5S
The fingerprint reader on Apple Inc's top-end iPhone 5S received an early thumbs up for ease of use from two influential reviewers.
How Pakistan, China get sensitive information on India
The government believes heightened awareness among its staff could be the only effective way to counter attempts of foreign agencies.
Why Ranbaxy's big setback is not yet OVER
US drug regulator's fiat on Mohali factory, after strictures on the two other major Indian units, has numerous negative implications.
India Inc optimistic while Asia's business sentiment drops
Business sentiment among Asia's top companies deteriorated in the third quarter, led by businesses in export engines such as China and South Korea, ending three consecutive quarters of improving sentiment.
Bombardier CSeries: Will it replace Boeing, Airbus?
Bombardier Inc's CSeries jetliner successfully completed its first flight on Monday, a key step in a $3.4 billion program to develop the first all-new narrow-body plane of its size in decades that the company hopes will increase sales.
PHOTOS: How the journey of mobile phones began 40 years ago
Let's take a peek into the journey of mobile phones.
China opens world's HIGHEST civilian airport
China opened the world's highest civilian airport on Monday, in a restive and remote Tibetan region of southwestern Sichuan province, which will cut journey times from the provincial capital from two days to a little more than one hour.
World's best cities to live in and do business
New York is the world's best city to do business, live in and visit, says a global study conducted across 24 countries.
IMAGES: Which is the largest automaker in the world?
Let's take a look at some of the biggest manufacturers of vehicles in the world.
September 17, 2013
In search of NSEL stock, a money puzzle unravels
Visits made by Business Standard to several borrowers in Ludhiana, Panchkula, Delhi, Mumbai, Ahmedabad and Hyderabad found that several borrowing entities have links to real estate.
We cannot afford to subsidise petroleum products: Montek
Planning Commission Deputy Chairman Montek Singh Ahluwalia says investors are aware the government is addressing various problems in the economy.
It's the GDP, stupid
'India should exit Hubristan and stop patting itself on its back for 5 years of rapid growth, and all the Rolls Royces, BMWs and private jets owned by its billionaires, and instead focus on the urgently needed reforms to get GDP growth back in the 7 to 8 pc range and higher,' says .
How Hyundai plans to take on Maruti Suzuki
It will introduce new cars across segments and also target rural India to push up sales.
Samsung unveils Note 3 for Rs 49,900 in India
Both Note 3 and Gear will be available in 100 stores in Delhi, Mumbai and Bangalore from Tuesday.
Why India cannot grow as fast as China
In the past two decades China grew at a breakneck speed keeping its debt low and the quality of its infrastructure high.
Free Android app for women's safety
All one has to do is set some emergency contacts and your phone will send them an emergency SMS with a preset message.
Bill Gates tops Forbes rich list as Americans get richer
The richest 400 Americans are significantly richer in 2013 than they were last year and younger Americans are accumulating wealth at a faster clip than their baby boomer counterparts.
IMAGES: 15 most attractive countries for expatriate workforce
Let's take a look at nations most attractive to those seeking employment overseas.
Rolls-Royce grows an Indian heart
Patronised by maharajas for decades, it is customising now with deeper distribution and car editions.
India among countries with highest unemployment rate
Countries such as Pakistan, Indonesia, Kazakhstan, and Sri Lanka have a lower unemployment rate compared to India.
Want to scribble on your phone? Try Micromax Doodle 2
The Doodle 2 is for those who like to draw or scribble on their phone and picks up where its predecessor, the A111 Canvas Doodle, left off.
US firms back India's case on immigration Bill
IBM writes to US Congress; Premji meets Biden
Revealed! Toyota to launch Innova facelift within 20 days
There would be a new top-end variant called the Z, which will cost Rs 17.5 lakh.
5 reasons why stock markets think Modi is good for them
CEOs have voted for a strong leadership, intent, decision and action, which Modi has demonstrated in Gujarat.
September 16, 2013
Volkswagen launches Polo GT diesel at Rs 8.08 lakh
Most powerful diesel hatch in its category with a mileage of 19.78kmpl.
Scorpio Special Edition: Luxury features at attractive price
The SUV costs the same as the VX variant.
Do Indians trust their banks most in the world?
Let's take a look at how much trusts banks have in some of the major markets.
Hyundai unveils new i10 at Frankfurt Motor Show
The new i10's virtues are functionality and space, fresh design, refined ride and a silent cabin.
The most CORRUPT countries in the world
Transparency International surveyed over 114,000 in 107 countries to check the prevalence of corruption in each of these nations and the results were startling.
The situation in India is grave but hardly hopeless
The immediate challenge to faster growth is to restore stability to the currency markets.
Inflation adds to headaches for Rajan's first meeting
Rajan has already warned he does not have a 'magic wand' to deal with India's economic crisis.
In US, Murthy tries to change 'arrogant' image of Infosys
Murthy's recent US trip helped to curb company's inflexible, arrogant perception
Nokia Lumia 625 is good, bad or just about OK?
Ideal for those who like to watch videos on the go, the 625 is a solid phone packed with a lot of features to attract users.
Tata Consultancy Services to remain leader in IT pack
Tata Consultancy Services (TCS) is likely to maintain its leadership position over the next three years backed by a strong and satisfied client base.
September 13, 2013
Petrol price hiked by Rs 1.63 a litre; 7th increase since June
Petrol price has been hiked by Rs 1.63 per litre, excluding VAT, with effect from midnight tonight.
BSE: Top losers and gainers
At close, the Sensex was down 49 points at 19,733 and the Nifty was relatively unchanged at 5,851.
Ford recalls 1.66 lakh units of Figo, Classic
The recall will impact different batches of Figo and Classic models manufactured between January 2010 and June 2012.
'Petrol price hikes to help meet fiscal deficit target'
Although the government has started phasing out the subsidy on diesel sale, it continues to supply kerosene and LPG cylinders at subsidised rates.
Rupee at current level is well corrected: Rangarajan
The rupee has recovered to trade at 63 level after hitting its life-time low of 68.85 towards August-end.
House prices tumble as buyers delay purchases
As stricter RBI guidelines, rising inventory and the slowing economy leave developers reeling, buyers are bargaining harder to strike a deal.
RBI to keep monetary policy tight till rupee stabilises: PMEAC
The time frame for this is difficult to specify and much depends on stability in the foreign exchange markets, Prime Minister's key economic advisor C Rangarajan said.
Why Rangarajan thinks India should not be downgraded
Recently, Standards and Poor's had said that there is one third possibility of a rating downgrade of India.
The ugly spat between Vikram Bakshi and McDonald's
The war of words that has broken out between Vikram Bakshi and McDonald's Corporation is the latest in the long list of ugly spats between Indian businessmen and their overseas collaborators.
PHOTOS: Twitter takes first step toward going public
Twitter has filed for an initial public offering with US regulators.
Markets turnaround: Why we shouldn't be complacent
Some commentators now expect the current account deficit for this year to drop below $70 billion.
PM's advisory council lowers growth forecast to 5.3%
The Prime Minister's Economic Advisory Council has projected India's GDP growth at 5.3 per cent in 2013-14.
BlackBerry 9720 is a GOOD buy at Rs 15,999
The 9720 comes in the classic BlackBerry shape and the Qwerty keyboard is easier to use than the BlackBerry Q5.
Asian countries with the richest people: India at No 3!
The world's richest are getting richer despite the economic crisis.
Falling rupee is not about gloom and doom only
The German sportswear brand Puma's India arm, Puma Sports India (Puma), has found a way around despite a high proportion of imports.
IMAGES: 25 most open economies in the emerging world
Let's have a look at some of the most open economies in the emerging markets.
This monstrous Brabus B63S makes a Hummer look SMALL
Powering this monster is a 5.5-litre V8 Bi-Turbo engine with the Brabus B63S tuning that produces 960Nm of torque.
Delhi has the HIGHEST per capita income in India
The per capita annual income in the national capital has increased to Rs. 2.01 lakh in 2012-13 compared to Rs 1.73 lakh in the previous fiscal, which is three times the national average and highest in the country.
Suzuki unveils NEW Swift at Frankfurt Motor Show
The new version has LED daytime running lights and silver detailing to the lower front bumper.
15 AMAZING facts that trace the rise of Google
Let's take a look at some amazing facts that trace its history.
India's messy economy: Blame the non-functioning govt
Persistent deficits, galloping inflation, stalled infrastructure showed up a non-functioning government.
World's CHEAPEST Jaguar to take on BMW, Audi
The car offers high emotional appeal with performance to match.
September 12, 2013
BSE: Top losers and gainers
The Sensex closed down 216 points at 19,782 and the Nifty slipped 62 points at 5,851.
Petrol may be cheaper by up to Rs 1.50/litre
Petrol prices may be cut by as much as Rs 1-1.50 per litre next week on falling international oil rates and appreciating rupee but a one-time hike in diesel
'RBI to get glimpses of Rajan's technical acumen soon'
A few market and economic indicators have begun looking up, thanks to what many term the 'Rajan effect'.
Why thousands are losing jobs in India
India Inc's hiring outlook has become the weakest in the past eight years in the Asia-Pacific region, even as job losses have emerged as a critical concern.
These are the BEST countries to live and work!
Let's take a look at some nations that offer best environment for living and working.
Why India's economy is in such a mess
Investors have lost confidence in the economy, says Professor Arun Kumar, Sukhamoy Chakravarty Chair at the Centre for Economic Studies and Planning, Jawaharlal Nehru University.
IMAGES: The magical Apple iPhone through the years
Since its launch in 2007, iPhone has always been the benchmark for smartphones. It has revolutionised the way smartphones looked, felt and worked.
Apple, Google back in court over mobile phone patent lawsuit
Apple and Google subsidiary Motorola Mobility on Wednesday squared off in court over whether a judge should reopen a lawsuit in which the companies accuse one other of illegally using their patented mobile phone technology.
Former US Ambassadors call for India friendly immigration norms
Five former American ambassadors to India have written to top US lawmakers urging removal of visa provisions which, they say, are not in US economic interests and also stand to complicate relations with India.
7 SAFE stocks when the markets are volatile
Their positioning and prospects in the respective sectors should help these companies generate steady cash flows. That they have low debt and are available at reasonable valuations is a bonus.
Stunning cars you would LOVE to drive!
The Frankfurt Auto Show has a glittering showcase of cars from manufacturers across the globe.
Pricing could SPOIL the iPhone party
For many, Apple's highly anticipated launch on Tuesday was to be the answer to consumers in India, China and other emerging markets who craved some iOS magic in their life but could not afford its previous range.
25 economies having highest debt in the world
Let's take a look at economies that have some of the highest debts in the world.
TCS is now world's 2nd most valuable IT firm
With a market cap of $60 billion, exceeds Accenture and HP but trails IBM
Is India among the happiest countries in the world?
Let's take a look at some of the happiest nations.
Rupee becomes Asia's best-performing currency!
With September 11's rise, has appreciated 5.5% in just a week
September 11, 2013
BSE: Top gainers and losers
The BSE benchmark index -- Sensex closed unchanged at 19,997 and the 50-share Nifty added 16 points to settle at 5,913.
IMAGES: Sachin launches cricket mode LED TV
Toshiba India has introduced a new cricket mode LED TV series in India.
Economic gloom? India sees largest rise in super-rich club
The study focuses solely on persons with a net worth of $30 million and above (after accounting for shares in public and private companies, residential and investment properties, art collections, planes, cash and other assets).
'India needs Rs 2,000 crore a day of capital inflows'
It is time to reform the RBI and the ministry of finance, says Dr Ajay Shah of the National Institute of Public Finance and Policy, New Delhi.
25 countries with BEST and WORST current account balance
Let's take a look at how countries are placed when it comes to current account deficit.
Duvvuri Subbarao: Green horn that locked horns
Under his leadership, RBI kept the domestic markets, to a large extent, alienated from the international meltdown to avoid liquidity or solvency cascades.
These airports spent BILLIONS on development
The list include three Indian airports in Mumbai, Delhi and Kolkata.
How India can take advantage of the cheaper rupee
The rupee's sharp depreciation has been the most important issue in the current debate on the state of the economy.
Rupee: 5 biggest single-day gains
The Indian currency on September 10 rose 141 paise
India's 20 most RESPECTED companies
Tata Consultancy Services has surpassed Infosys to become India's most respected company.
IMAGES: World's coolest futuristic buildings
Some architectural wonders are changing the landscapes of cities. Here are 15 of them.
'Indian politicians do not worry about the nation'
They should open up their market to countries like Australia, Germany, America and other free market economies.
Apple launches 2 stunning iPhones
Apple's 2 new iPhones target high and low-end markets
September 10, 2013
BSE: Top gainers and losers
The BSE benchmark index -- Sensex rallied 727 points or 3.77% to settle at 19,997 and the 50-share Nifty surged 216 points to shut shop at 5,897.
Mr PM you are wrong; cheap rupee will not boost exports
Hurdles ranging from erratic taxes throttling special export zones to a cash crunch and clogged ports are killing exports.
IMAGES: Stunning cars you will drive in future
Automakers big and small share their visions for the future.
Mahindra launches Scorpio Special Edition; to sell 500 units
The SUV has leather upholstery in tan and beige, leather wrapped steering wheel, glossy wood finished centre console and roof mounted DVD player.
Domestic car sales up 15.37%
Domestic passenger car sales grew by 15.37 per cent to 1,33,486 units in August this year compared to 1,15,705 units in the same month of 2012.
Can Microsoft win the loyalty of Nokia fans?
Microsoft simply lacks Nokia's retail and supply chain experience in the Finnish company's most important markets.
House prices tumble as buyers delay purchases
As stricter RBI guidelines, rising inventory and the slowing economy leave developers reeling, buyers are bargaining harder to strike a deal.
Why holding on to shares can save tax liability
Don't sell the shares immediately after you get possession. It might translate into tax liability, if not held for one year or more.
Land distribution: Jairam Ramesh bowls a googly
Draft land reforms policy stops religious & educational bodies from using more than 15 acres.
Indian carriers among MOST PUNCTUAL airlines in Asia
Let's take a look at some of the most punctual carriers in the world.
10 blue chip stocks that FIIs are DUMPING
Foreign institutional investors (FIIs) have a reason to worry because the falling rupee is putting at risk the $100 billion they have pumped into Indian equities since 2009.
Syria crisis looms large over stock markets
Shares are likely to remain volatile in the week ahead as uncertainty heightens over Syria.
Are rupee changes linked to elections?
It's an interesting theory but the reality isn't so simple, say experts.
September 09, 2013
Rajan is doing his bit, will the politicians follow?
It took three years of collective fiscal profligacy and policy mismanagement to cause this crisis.
How to buy a cheap luxury car
Car manufacturers have dedicated programmes for used cars and even offer financing schemes for these.
Sony's Xperia Z Ultra is a great smartphone, but...
Here's why it's not a phone which will appeal to many.
AirAsia India set to miss Dec take-off deadline
New DGCA rules stipulate airlines have to apply for permit at least 90 days before launch
Tired of long hours in office? Try these countries
Let's take a look at some nations that have shortest working hours.
Bottoms up! Countries that consume most alcohol
Let's take a look at some countries that consume most alcohol.
Why the Rajan rally will not continue
The spurt in banking may be short-lived because of his limited options
Iran may spoil govt's plan to curtail dollar dependence
Use of Iranian crude oil in Indian refineries came down by over a quarter in 2012-13.
It's not markets, other financial sectors need ATTENTION
The market is holding up pretty well in the face of a lot of bad news.
September 07, 2013
G-20 extends its commitment against protectionism until 2016
Recognising the risk of economic slowdown and weakening trade posed by protectionism, the G-20 has decided to extend until the end of 2016 its standstill commitment to further progress in removing barriers and impediments to global trade and investment.
Slowdown: Thousands of contract workers lose jobs in India
With India's manufacturing sector slamming the brakes on production, the fallout is being felt by contractual labourers.
September 06, 2013
BSE: Top gainers and losers
The 30-share Sensex rose 290.30 points to end at 19,270.06 and the 50-share Nifty gained 87.45 points at 5,680.40 levels.
Is the worst really OVER for rupee?
While the RBI has been intervening heavily in both spot and forward markets to support the currency, especially when it nears its record lows, there are technical signs that the rupee is set for some near-term consolidation.
Don't fear visa curbs, hire locals, says Narayana Murthy
Indian IT industry had expressed concerns over the visa restrictions set out in the US Immigration Reform Bill that could hit their business hard.
Survey shows India Inc firmly in Modi camp
Nearly three-quarters of Indian business leaders believe the government has mismanaged the economy and want opposition leader Narendra Modi to lead the country.
Stagflation: Biggest challenge for Raghuram Rajan
Rajan's call to diaspora can't stem rupee rout.
Rajan's key measures to stabilise the rupee and its impact
Raghuram Rajan - the new Reserve Bank of India (RBI) governor - has announced a slew of measures to attract capital flows in the country to provide support to the rupee which has depreciated around 22% in the current financial year.
India may announce steps to cut fuel use this month
India, where energy consumption per person is among the lowest in the world, has little elasticity in its fuel use as it tries to power exports and agriculture to help boost its economy and stave off a currency crisis.
COLUMN: Is Infosys losing its corporate governance sheen?
There are solid reasons recent observations at the company raise question marks about its adhering to corporate governance in spirit.
Why the fare hike won't help airlines
Price war started by Jet Airways to cap rise in fare across airlines this season.
How Samsung DISLODGED Nokia from the top
Going forward, the Korean company's real competition could be nimble-footed Indian companies, more than the Nokia-Microsoft combine.
Vikram Bakshi set for BATTLE against McDonald's
On August 30, McDonald's had announced in a public notice that Bakshi would no longer be the India MD and the JV would be run by the board.
Coordinate monetary policies, PM tells developed world
QE tapering looms large over G20 summit; Singh says India on path of reforms, difficult ones to come.
Brics to float $100-bn currency pool
China would contribute $41bn towards the pool. Brazil, India and Russia would contribute $18bn each; South Africa $5bn.
How Next-Gen entrepreneurs are minting money
While remaining tied to their family's core business, they are venturing into new areas and even roping in private investors to grow.
IMAGES: Best banks to work for in the world
Let's take a look at some of the best banks for employees in the world.
22 employees who earned more than their CEOs
The compensations are obviously rewards for the stellar performances.
Morgan Stanley slashes Sensex target to 18,200
American brokerage Morgan Stanley on Thursday slashed its Sensex target for the next 12 months to 18,200, citing weakening macro fundamentals of the economy.
Sony unveils Xperia Z1 with mind-blowing 20.7 MP camera
Its 20.7MP camera with an award-winning lens is the main feature of the phone.
Luxury hatches: BMW 1 Series vs Mercedes A Class
BMW has a huge task of luring buyers. Mercedes managed 400 booking of A Class within 10 days of launch.
September 05, 2013
IMAGES: India among world's biggest stakeholders in US economy
Let's take a look at countries holding biggest stake in United States's Treasury securities.
A website offers onions at Rs 9 per kilo!
High prices are making people shed tears for onions before they are even chopped, but now a website is offering the bulbs at prices as low as Rs 9 per kilogram.
Why Raghuram Rajan alone CANNOT revive India's economy
It is the government and its policies and attitude toward FDI that is at the root of the problem.
Raghuram Rajan is a hit on first day, can he sustain it?
Raghuram Rajan receives rock-star welcome on his first day in office as Governor of Reserve Bank of India. But the question lingers: Can he sustain it?
Why restrictions on home loans is a good move
India's real estate sector, many fear, is unstable.
H-1B visas: Why does the US blame Indian firms?
Indian and Indian-American IT businesses are being scapegoated for abuse of the visa programme - using it for cheap, immobile labour - that actually pervades the entire industry.
Most competitive countries in the world; India ranks 60
India has dropped a place in the latest global ranking of most competitive nations by World Economic Forum.
Slowdown? Salaries of Indian CEOs have DOUBLED!
Compensation package for CEOs has hit Rs 20 crore excluding stock options. It was Rs 10 crore 4-5 years ago.
Tata Motors to launch DIESEL Nano car by March
Tata Motors will launch a diesel-powered version of its ultra-cheap Nano by the end of March 2014, its managing director said, hoping to kick-start demand for the model after years of disappointing sales.
SPECIAL: When gold saved the day for India
The pledging of gold to tide over a balance of payments crisis in 1991 became an emotive national issue at the time.
10 things you wanted to know about the new pension bill
Under the NPS, every subscriber will have an individual pension account, which will be portable across job changes.
Markets cheer Rajan's maiden steps; Sensex up 400 pts
Benchmark indices end at a three week high but Nifty remains shy of 5,600 level.
Samsung launches smartwatch, Galaxy Note 3
Samsung's Galaxy Gear smartwatch works as an accessory to its market-leading Galaxy smartphone, with a small screen offering basic functions such as photos, hands-free calls and instant messaging.
Armadillo-T: A car that folds in half for easy parking
Korea Advanced Institute of Science and Technology has developed the car.
This is what Raghuram Rajan needs to focus on
The new Guv needs to focus on structural inflation problems.
September 04, 2013
Rupee has lost 1/5th of its value against dollar: PM
The prime minister made a reference to orderly exit from unconventional monetary policies in the backdrop of splits between emerging markets and the US.
Raghuram Rajan unveils big initial package, promises more
New RBI Governor Raghuram Rajan on Wednesday came out with a slew of measures, including more trade settlement in rupees to rescue the battered financial markets
Palace on Wheels train begins season's first journey
A joint venture of Indian Railways and Rajasthan Tourism Development Corporation, the train with all modern facilities will travel to Jaipur, Sawaimadhopur, Chittorgarh, Udaipur, Jaisalmer, Jodhpur, Bharatpur and Agra before returning to the capital.
Monetary stability is RBI's prime role: Rajan
"This is not an easy time as economy faces challenges. Our actions will be at measured pace given the current market turmoil," Raghuram Rajan said after he took charge as the new RBI Governor.
Top bankers repose confidence in Rajan, wish him success
Top bankers on Wednesday exuded confidence that Raghuram Govind Rajan, who today took over as the 23rd Governor of the Reserve Bank, has the intellectual prowess to
The woes of the falling rupee!
As the nosediving rupee shatters foreign-education dreams and eats away the country's much-vaunted forex reserves -- to mention just two fallouts -- takes up pen and paper to outline what the common Indian is feeling.
Food Bill: Boon for politicians, bane for economy
Whatever may be their flaws and the adverse impact on industry or the Centre's finances, the food security and land acquisition Bills are likely to be seen by voters as people-friendly initiatives
Raghuram Rajan takes over from Subbarao at RBI
Raghuram Rajan becomes the 23rd governor of Reserve Bank of India.
'India's situation not comparable with 2008-09 crisis'
Chief Statistician T C A Anant says this a unique crisis and should be dealt with keeping the current situation in mind.
Apple to unveil two new iPhones on Sept 10?
Apple may launch two new models this year - an upgrade to iPhone 5 and also a cheaper version of the phone.
How the government can stabilise the rupee
The shortage of capital flows into emerging markets is unlikely to go away in a hurry.
IMAGES: Biggest merger and acquisition deals in the world
Let's take a look at some of the biggest M&A deals in the world.
India Inc upbeat on Rajan's appointment as RBI chief
Declining value of the rupee, widening Current Account Deficit (CAD) and the impact of likely tapering of US bond purchases are some of the key issues which will keep Raghuram Rajan busy.
Flying to get COSTLIER by up to 30%
Air fares up 20-30 per cent as operating costs mount.
Why the market rally is likely to be short-term
Mass downgrades of GDP projections make it likely that there will be another wave of FII selling fairly soon
Rupee gains; heavy RBI hand seen
Raghuram Rajan, a former chief economist at the International Monetary Fund, takes charge at the RBI as the country faces its worst economic crunch since a balance of payments crisis two decades ago.
BMW launches stunning 1 Series; starts at Rs 20.9 lakh
The petrol variant offers 16.28kmpl mileage and the diesel offers 20.58kmpl.
Rajan may lift capital controls on India Inc
Individuals will have to wait for some more time; RBI may do away with mid-quarter policy reviews.
Sensex, Nifty rise riding on global cues
The broader markets were positive with mid-caps and small-caps gaining 0.4-0.6 per cent on the E.
Can elections help REVIVE the markets?
Though analysts suggest that there are downside risks to economy, by announcing/advancing general elections, markets would be able to look beyond uncertainty.
Raghuram Rajan to step into eye of rupee storm
Rupee has tumbled about 10 per cent alone since Rajan's appointment on August 6.
September 03, 2013
BSE: Top losers and gainers
Markets ended Tuesday's session on an extremely weak note with benchmark indices falling nearly 3% each after the rupee depreciated closer to its all time low level of 68.80.
Black Tuesday: Why the rupee, shares PLUNGED
The S&P warning was largely a repeat of comments made to Reuters in late August, and no missiles were reported to have landed in Syria, but Indian investors were so unnerved that the reports exacerbated a sell-off in the rupee and local stocks.
Hyundai finally launches Grand i10 at Rs 4.29 lakh
The diesel variant has an average of 24kmpl while the petrol delivers 18.9 kmpl.
How to cut oil import bill? Mr Moily has no clue
Veerappa Moily's suggestions on oil use do not inspire hope
25 companies where it's MOST DIFFICULT to get a job
Let's take a look at corporations where securing employment has been rated most difficult.
Countries where property prices have FALLEN and RISEN
Let's take a look at the global real estate market.
Microsoft to buy Nokia's phone business for $7.2 bn
Buying Nokia's gadget business thrusts Microsoft deeper into the hotly contested market
Will Narayana Murthy succeed in his second innings?
NR Narayana Murthy came out of retirement in June to run a floundering Infosys.
10 longest SUVs in the world
If you think Hummer would have topped, then here's a surprise: It does not even feature in the top 5.
Subbarao's 5 years: Managing crisis to managing conflict
Within days of assuming charge, he faced allegations of having made RBI the finance ministry's extension counter.
Sensex pares losses after plunging 700 points
RIL and ITC accounted for 25% fall in the Nifty.
Why you should not buy insurance before October
The new-look traditional products will have higher surrender value and lower commission.
Nokia can take on competitors with the Lumia 925
With its new smartphone, Nokia seems to have finally got a phone which deserves to be called its flagship model, a potential game-changer.
Vijay Mallya blames ALL but himself for Kingfisher woes
Kingfisher Airlines Chairman Vijay Mallya has blamed almost everyone, including engine suppliers, employees, banks and tax authorities, for grounding of the carrier since October last year.
September 02, 2013
No plan of 12-hour curfew on sale of petrol: Moily
Petroleum Minister Veerappa Moily takes a U-turn on the suggestion of keeping petrol pumps shut from 8 pm to 8 am.
Tata, M&M car sales slump; falling rupee to hurt industry
Domestic sales for two big Indian automakers tumbled in August on rising fuel costs and interest rates.
India among countries facing severe manpower shortage
Globally, over 38 per cent employers are facing difficulties filling jobs with the right candidate.
Gold smuggling has actually ZOOMED!
As govt tries hard to choke the metal import, entry through unofficial channels doubled to 60 tonnes in first 5 months of this financial year
Chidambaram's third innings as FM goes for a toss
Chidambaram has been grappling virtually alone with the economic emergency since he became finance minister for a third time 13 months ago.
HM launches Ambassador Encore, costs Rs 4.98 lakh
The Encore's 1.5-litre diesel engine promises better power and torque.
Maruti back with a bang! Sales up 61%
The company said sales of the compact segment comprising Swift, Estilo, Ritz surged over two fold to 17,409 units
25 countries offering best business environment
Let's have a look and see where India ranks among countries offering best business and life environment.
These 6 people are responsible for India's economic crisis
These six people have created a political climate more difficult for business, indeed more hostile to business, than at any time since the mid-1980s.
PHOTOS: Most beautiful convertible cars in the world
Let's take a look at some of the best convertible cars in the world.
In your mobile app store, the dollar is still just Rs 55
Playing games on your fancy tablet or mobile continues to be cheap.
2004 once more: IT back as market BELLWETHER
The stock market comes full circle; pharma also gains prominence, courtesy rupee depreciation
25 countries providing best healthcare systems
Let's take a look at some nations that have most efficient medical systems in the world.
FALL of high profile wickets shakes Infosys
In yet another high profile exit at Infosys, India's second-largest information technology (IT) services company, Ashok Vemuri, head of operations (Americas) and global head (manufacturing and engineering services), has resigned.
August 30, 2013
BSE: Top gainers and losers
The 30-share Sensex ended up 219 points at 18,620 and the 50-share Nifty ended up 63 points at 5,472.
Infographic: Stock markets during August 2013
Benchmark indices closed higher on the last day of August, amid volatile trading session led by FMCG and IT shares.
India's GDP growth at 4-year low in June quarter
Hurt by a contraction in mining and manufacturing.
NSE among the WORST performing stock markets in the world
The Indian market is the second worst performing, followed by Brazil, among major global markets so far in 2013.
Beware! Online banking malware a serious and growing threat
Trend Micro's Security Roundup Report says there's been a huge jump in unauthorised access to your personal data; familiarity with prevention tools a must.
Rupee slide worrying but also good for the economy: PM
It will have positive impact on exports competitiveness in the coming months.
Freelander 2 S Business: Cheaper price, brilliant performance
The manufacturer has dropped the bells and whistles to bring down the cost. The SUV, at heart, is the same and offers brilliant performance.
IMAGES: Cities that offer best quality of life
Let's take a look at some of the best and worst cities in the world.
Five best ways to deal with pink slips
Getting emotional won't help; have a well-planned exit strategy even when you are getting into your first job.
India Inc frustrated over govt's failure to revive economy
Corporate leaders say economy going through troubled phase which is raising concern among global investors about investing in India.
What if your employer does not deposit EPF money
EPF subscribers whose accounts have not been credited with deducted money can complain to EPFO or labour ministry.
Now, NRIs turn wary of India as growth falters
The patriotism of wealthy overseas Indians has helped the country avert economic crises in the past and it is little surprise that embattled policymakers are turning to them again to plug a record trade gap that is battering the rupee.
Vemuri's exit casts shadow on succession plan at Infosys
The exit of Ashok Vemuri, board member and head of the Americas and manufacturing at Infosys, seems to have shaken the company's much-prided succession plan.
Market sentiments improve, Sensex surges over 200 points
The main gainers on the Sensex were Bajaj Auto, TCS, Cipla, HDFC, HDFC Bank.
After House okay, land Bill gets India Inc red flag
Industry says legislation will increase cost and timeframe for setting up new enterprises.
6 Indians among college-dropout billionaires
Let's take a look at billionaires globally who left their studies incomplete and still managed to make it big.
August 29, 2013
EXCLUSIVE: Jairam Ramesh on why India needs a new land bill
The principle objective of the Bill is fair compensation, says Rural Development Minister Jairam Ramesh in an exclusive interview.
Govt to offer 100% stake in 6 airports to private operators
The government is open to giving 100 per cent stake to private parties in six select airports, including Kolkata and Chennai.
BSE: Top gainers and losers
The Bombay Stock Exchange's 30-share Sensex closed at 18,401 up 405 points. The National Stock Exchange's 50-share S&P CNX Nifty closed at 5,409 up 124 points.
Rupee crash is BAD news for car buyers
German luxury car maker Mercedes-Benz on Thursday said it will hike prices of its entire model range in India by up to 4.5 per cent from September 1 to partly offset impact of rupee depreciation and higher import duties.
Why Lavasa simply can't stay out of controversy
Lavasa Corporation is rushing to complete its township. No one knows if the promoter is complying with environmental conditions on which it was allowed to resume work.
10 companies that have most inspiring leadership
Let's take a look at some companies that have most inspiring leaders.
12 products that were not made for general public
Let's take a look at some inventions that were meant to be solely used by the military, but ended up being used by everyone.
Special: Why is GOLD so dear to everyone?
Besides its metallic properties, there is much more to gold that makes it an obsession to mankind.
Brace for more market volatility and downside
There is a general meeting of minds among observers on the difficulty of positive factors breaking through.
India faces a DIFFICULT economic situation: PM
With falling rupee and rising oil prices casting a shadow over Indian economy, Prime Minister Manmohan Singh on Thursday said the country is faced with a difficult economic situation for which some domestic factors too were responsible.
Toyota launches Camry Hybrid in India, priced at Rs 29.75 lakh
The fuel efficiency of the vehicle is 19.16kmpl.
How savvy D-Street traders doubled money in August
Two categories of market participants seem to have made a lot of money in the past couple of weeks, short-sellers and volatility traders.
Is this how we will live in FUTURE?
Belgian architect Vincent Callebaut has come up with some futuristic concepts of what the green cities of tomorrow might be like.
Tata launches Safari Storme Explorer, costs Rs 10.86 lakh
There are no mechanical upgrades. You get an Explorer front nudge guard, a chrome garnish for the projector headlights and taillights.
August 28, 2013
Infographics: BSE Sensex's top gainers and losers
Markets scripted a dramatic 547-point rebound from lows to close in the positive zone.
Rupee crashes, government says no need to panic
As the rupee fell below the 68-mark and global agencies painted a gloomy outlook for the
CRISIS: BNP cuts India's GDP forecast to 3.7%
Financial services major BNP Paribas on Wednesday cut India's GDP growth forecast for the current fiscal to 3.7 per cent from 5.7 per cent earlier, saying the country's 'macro muddle' is fast approaching crisis proportions.
There's a lack of leadership in the country, says Ratan Tata
Government is pulling in different directions and we are not consolidating on government, says Ratan Tata.
Why one should AVOID forecasting markets
Instead, the focus should be on fixing the economy.
Good news! Mumbai Metro to start this year
Reliance Infrastructure said it plans to commission the Mumbai Metro rail project this year.
Anil Ambani to team up with Mukesh's Reliance Jio
Deals between the two could earn RCom Rs 14,000 cr, says Anil Ambani.
IMAGES: 28 countries where it's easiest to start a business
Let's take a look at India and 28 other nations where it's easiest to start a business.
Mumbai Metro among world's MOST challenging infra projects
When completed, these ambitious projects would change cities and some may even change nations.
'Govt should let the rupee get to 200 or 230 by year-end'
The fall of the rupee has just become a symbol of all that has gone wrong with India lately.
Housing prices FALL in these 22 Indian cities
Housing prices in 22 major cities, including Delhi and Mumbai, are witnessing downward trend in April-June period compared to the previous quarter due to slowdown in demand, National Housing Bank said.
Women CEOs with the HIGHEST salaries
In the male-dominated corporate world, these women have proved their mettle and turned out to be inspiring and successful role models.
Markets end flat after falling over 2%, IT stocks gain
The broader markets ended with mid-caps and small-caps dropping nearly 1 per cent on the BSE.
Is it a good time to enter the equity markets?
For stock market investors, things have turned worse.
August 27, 2013
BSE: Top losers and gainers
The 30-share Sensex declined 590.05 points or 3.18 per cent to close at 17,968.08 and the 50-share Nifty dropped 189.05 points or 3.45 per cent at 5,287.45 levels.
Chidambaram too agrees, rupee is still UNDERVALUED
With rupee again crossing 65-to a dollar mark, Finance Minister P Chidambaram today said the currency is undervalued and hoped it will find its appropriate level.
Bloodbath at the bourses: Sensex ends down 590 points
Rupee has lost close to 16 per cent this year making it one of the worst Asian currencies so far.
India approves raft of projects to kick-start investment
The Indian government said on Tuesday it had approved a raft of infrastructure projects worth Rs 1.83 lakh crore (Rs 1.83 trillion) to revive economic growth and restore investor confidence after a crash in the rupee to record lows.
Chidambarm too agrees, rupee is still UNDERVALUED
With rupee again crossing 65-to a dollar mark, Finance Minister P Chidambaram today said the currency is undervalued and hoped it will find its appropriate level.
COLUMN: Fall of the rupee only a symptom of India's mess
India imports more than it exports, so the rupee's decline will hurt more than it may help.
Fastest-growing brands in the world
Let's take a look at some of the fastest-growing brands in the globe.
How National Spot Exchange got into a bind
Few financial products could match its derivative contracts that always sold at a premium. But the exchange forgot one crucial link: to back its contracts with solid assets.
SPECIAL: Meet the culprits behind India's economic mess
In the name of regulation, control has taken over the economy; systemic checks and balances are failing.
Is Ambani's Antilia ugliest building in the world? Your say...
Eyesores from around the world that may make you cringe.
'We need growth to create jobs'
Creation of jobs, easing supply-side constraints, improving productivity and India's competitiveness in manufacturing to boost exports are some measures Vikas Khemani, President, Co-Head Wholesale Capital Markets, Edelweiss, advocates to mend India's tottering economy.
Can Volkswagen Cross Polo take on EcoSport, Ertiga?
The compact SUV has better features to Polo hatch.
Reviving the economy won't be easy for Raghuram Rajan
The rupee's travails allow the RBI's incoming governor to renegotiate the objectives of monetary policy.
What exactly is Rohan Murty's role at Infosys?
Some media reports stated that Rohan has been designated as a vice president, which is a relatively senior position in the company.
Falling rupee can help resolve India's economic woes
Economist Arvind Panagariya tells Suman Guha Mozumder that the rupee is doing a much-needed clean-up job, raising exports and cutting imports. And it must be allowed to do so.
August 26, 2013
BSE: Top gainers and losers
The 30-share Sensex ended up 39 points at 18,558 and the 50-share Nifty ended up 5 points at 5,477 levels.
'Crores spent on populist schemes hits the economy'
In a veiled reference to various populist schemes of the United Progressive Alliance (UPA) government, Arun Jaitley, Leader of Opposition in the Rajya Sabha, "When crores are spent not on asset creation but on populist schemes, it disturbs the economy of the country."
Do your homework before approaching an insurance agent
Research reports say insurance agents are likely to sell you unsuitable products. So, you should know your requirements and premium paying ability.
Mumbai: Maximum City now a City of Skyscrapers
Let's take a look at cities that are ahead of the pack when it comes to tall buildings.
Manmohan Singh's biggest failure in reviving the economy
When the prime minister thanked his predecessor during his Independence Day speech, it was significant because it was Dr Singh's final acknowledgement that political support for reform is essential.
From glitzy shopping to closure: The story of DYING malls
If 120 new malls have come up in the last two years, 40 have downed shutters. Some lessons from the experiences of dying malls.
With Rajan at Mint Road, 'all options are on the table'
Officials, however, said one person's thinking might not change the views of the institution.
IMAGES: Most powerful and beautiful hypercars in the world
Let's take a look at some of the world's best hypercars.
Why India's 'dream team' has failed
The 1990s team worked wonders because the leaders took care to build a tier of competent secretaries and advisors under them.
5 smartphones that are CHEAP but fully loaded
Like puddles all around in the rainy season, we now have smartphones with five-inch screens for almost everyone.
Sky high pampering: The 10 best cabin crews in the world
World's most friendly, helpful and efficient airline crews belong to Asian airlines.
COLUMN: Rupee approaching tipping point
India's fundamentals might be better served by allowing the rupee cycle to run its course.
Sensex gains 39 points amid volatile session
The broader markets out performed the benchmark indices- E Midcap and Smallcap indices up nearly 1%.
Should you sell gold now or wait?
While choosing this, approach local jewellers to avoid high deductions by branded jewellers.
Dalal Street pins hopes on rupee's strength
Currency market participants do not expect the rupee to slide immediately but feel a sharp rise is unlikely because of month-end dollar demand from importers.
August 24, 2013
Cars to be greener and costlier by 2017
The power ministry's plan, through the Bureau of Energy Efficiency, to fix fuel efficiency standards for passenger cars is likely to increase the prices of small cars by as much as Rs 70,000, according to industry estimates.
SPECIAL: Can Nokia shift base from India?
There are big tradeoffs involved and it has invested heavily here; an unfriendly tax regime, though, might push it out to a country such as Vietnam.
Has Tim Cook FAILED to reshape Apple?
The company he inherited has become a very different creature: a mature corporate behemoth rather than a scrappy industry pioneer.
August 23, 2013
I'm a HOUSEWIFE, no role in ADAG: Tina Ambani
After her husband Anil Ambani, Tina Ambani appeared in a Delhi court as a witness in the 2G spectrum case and CBI claimed that she was "deliberately withholding facts" which the judge found was "adverse" to the prosecution.
BSE: Top gainers and losers
The 30-share Sensex ended up 203.97 points to trade at 18,516.91 and the 50-share Nifty rose 63.30 points at 5,471.75 levels.
Nokia launches Lumia 925 and 625 in India
Lumia 925 costs Rs 33,449 and 625 will be available for Rs 19,999.
SPECIAL: How India Inc can gain from the rupee fall
The onus rests on the government to help industry take advantage of depreciation.
Special: Can Jignesh Shah win this tough battle?
Only time will tell, if the 'Shah' of exchanges will walk out of this battlefield unscathed.
Gujarat model: State falters, corporates succeed
Some of projects, especially in infrastructure, have seen quite a few unexpected delays.
Dull market? Agents make crores selling mutual funds
Despite dull market, more individuals make crores by selling mutual funds.
Govt to continue ban on 5-star hotels, new cars for ministers
Even as problems on the external front look slipping out of its control, the government might keep its expenditure under check to limit its fiscal deficit at the budgeted 4.8 per cent of gross domestic product in the current financial year.
IMAGES: World's 10 biggest malls
The world's biggest malls belong to Asia with two of the toppers from China.
SPECIAL: Why panicking about Indian markets is pointless
We're told; that the economy went up in flames demonstrates our uniquely poor performance. Never in the appalling annals of political-economic punditry in India have so many people been so wrong simultaneously.
Sensex gains 200 points as rupee recovers; Banks lead
The broader markets gained with mid-caps and small-caps rising 0.7-0.9 per cent on the E.
How India fares against other young nations
If India is compared to younger nations based on per capita income, you will realise that other countries have prospered far better.
India's top 10 mobile phone brands
The Indian mobile handset market has grown by 14.17 per cent year-on-year to Rs 35,946 crore in 2012-2013.
Rupee among worst performing currencies in the world
Let's take a look at the performance of some of the major currencies around the world.
Polo GT priced at Rs 9.33 lakh is worth every penny
The car offers tarmac scorching performance from its 1.2-litre engine besides having luxury sedan features.
Bad news: Home, auto loans to get COSTLIER
Leading financial institutions ICICI Bank and HDFC have raised their benchmark lending rates by 0.25 per cent, making home and auto loans costlier.
Weak rupee: The top 5 gainers and losers
A long term solution to arrest the rupee slide is growth.
August 22, 2013
BSE: Top gainers and losers
At close, the Sensex was up 407 points or 2.3% at 18,313 and the Nifty advanced 106 points or 2%, to close above the psychological levels of 5,400 at 5,408.
Country's economic situation simply intolerable: Mamata
Mamata Banerjee, a former United Progressive Alliance ally, said 'from petrol to
Sony launches Xperia M; costs Rs 12,990
The phone features 1GHz dual core Snapdragon processor and 1GB RAM.
5 bold measures to set the Indian economy right
Amid all the gloom on the economic and financial front, Sandesh Kirkire, CEO, Kotak MF, suggests five bold measures to get the Indian economy back on the growth path, arrest the rupee's downfall and address India's bulging current account deficit.
'Worst-case scenario for rupee is 70 against the dollar'
He also feels that the govt should hike diesel and petrol rates.
IMAGES: A tour of the amazing Vintage car show
Every year 200 of the most prized collector cars and motorcycles in the world drive to Monterey, California for the Pebble Beach Concours d'Elegance.
2G: Ambani resiles from statement, denies knowing Swan Tel
CBI had to cross-examine him as Ambani 'changed his statement'.
Tycoons who won't leave their fortunes to their kids
Let's take a look at some business tycoons who plan not to leave much of their wealth to their children.
World's richest cities, Tokyo is No 1
Amid the economic crisis, some of the Asian cities hold much promise in terms of growth and prosperity.
How Adidas, Infosys, Wipro, Starbucks got their names
Fascinating stories of how 30 famous companies got their names.
Hyundai Grand i10 VS its 3 closest RIVALS
How does the new i10 variant fare when pitted against Nissan Micra, Maruti Swift and Etios Liva?
Rupee ends at new closing low of 64.55
Finance Minister P Chidambaram sought to lift confidence, telling a news conference that while economic growth remained flat in the first quarter of the fiscal year ending March 2014, it was likely to pick up in the remaining three quarters.
Rupee's current valuation above its fair value: Experts
The current valuation of the rupee, which has breached the 64-level against the dollar, is much above the fair value seen by experts.
Markets snap 4-day losing streak; Nifty above 5,400
Metal stocks outperform posting its biggest single day rally in past two years on hopes revival of Chinese economy.
A new life for Tata Nano: Will it succeed?
Faced with steep fall in sales of Nano, Tata Motors said it will reposition the budget car
Market crash: Investors LOSE $100 billion in 4 days
The four-day carnage in stock markets has left investors poorer by over $100 billion,
August 21, 2013
BSE: Top losers and gainers
The 30-share Sensex ended down 340 points at 17,906 after hitting an intra-day low of 17,807 and the 50-share Nifty ended down 99 points at 5,303 after touching an intra-day low of 5,268. Nifty touched the lowest level since September 11, 2012.
IMAGES: Maruti launches Stingray at Rs 4.10 lakh
Stingray, which is powered by a 998 cc petrol engine, is available in three variants, with price ranging between Rs 4,10,000 to Rs 4,67,000.
What steps India is taking to support markets
On Tuesday, the rupee fell past 64 to the dollar for the first time and bond yields spiked to a five-year high before the Reserve Bank of India stepped in to sell dollars.
India's infrastructure development has come to a STANDSTILL
Infrastructure development has come to a standstill despite all the promises.
Ambani's Antilia among the 15 most expensive buildings
Mukesh Ambani's Antilia is the only private house that features among the most expensive buildings in the world.
India's economic crisis will DEEPEN, say business leaders
The conclusion is derived from a Business Standard poll of CEOs, bankers, market players & economists.
Nissan unveils Terrano; better looking than Duster
Though the compact SUV is based on Duster, the company has reworked the interiors and styling.
World's top 10 mobile phone companies
Mobile phone sales across the world totalled 435 million units in the second quarter of 2013.
Indian banks with HIGHEST NPAs, SBI tops
Rs 2.06 trillion, is the gross non-performing assets of Indian banks.
SPECIAL: India Inc faces a long and dark winter
High interest costs, slowing demand delay recovery.
All you wanted to know about CAD, but were afraid to ask
When the outflows are more than the inflows, a deficit occurs in the current account of the nation, which is widely known as the Current Account Deficit.
COLUMN: Are politicians even in touch with reality?
If politicians are not even aware of the deep economic trouble a country is in, the crisis can only escalate.
GM India introduces NEW Chevrolet Captiva
The Captiva facelift receives a new lower bumper at the front, a subtly different grille mesh, and reshaped foglamps.
How Microsoft plans to battle Google: The secret is out!
The long-running rivalry between Microsoft Corp and Google Inc is turning into a schoolyard brawl.
India's economic situation like the 1991 crisis: Barclays
Stating that the current economic scenario is similar to 1991-92 crisis, foreign brokerage Barclays said credit growth of banks will slow down to 10-11 percent levels.
25 most innovative companies in the world
Let's take a look at some companies that are most innovative in the world.
Why we should allow the rupee to sink
Abandoning the defence of the rupee will allow India to shift focus to boosting exports with tax cuts
Sensex slumps 340 points to end at lowest level since Sept 2012
Metal shares like Sterlite Inds, Hindalco and Tata Steel dropped between 3-5%.
August 20, 2013
Infographics: BSE Sensex's top gainers and losers
The Sensex plunged over 330 points in tandem with rupee breaching 64-mark but regained lost ground end only 61 points lower.
Narendra Modi on why UPA has failed to stem rupee fall
Gujarat Chief Minister Narendra Modi said the Centre was neither concerned about the economy nor the falling rupee but only worried about saving its chair.
Market mayhem: 6 questions you really want answered
So what are the reasons for the bloodbath in the markets? And how it affects you.
India's remarkable metro rail systems
India has developed Rapid Transit systems to make travel easier for commuters across cities.
The inspiring success story of Barefoot College
At the Barefoot College, women learn how to assemble charge controllers and inverters, establish a rural electronic workshop, install solar panels on roofs, connect them to batteries, and solar electrify each house in the village.
How Bajaj Auto ended the strike at Chakan
The company took advantage of the slowdown in the auto industry.
IMAGES: Wraith of Rolls-Royce at Rs 4.6 crore
Rolls-Royce launches its boldest model.
Brother-sister teams building empires of the future
With Raksha Bandhan upon us, let's take a look successful companies run by brothers and sisters.
Rupee breaches 64-level, recovers after RBI steps in
Despite a heavy battering, the rupee on Tuesday made a smart recovery to close at 63.25 after hitting a fresh low of 64.13 against the US dollar, helped by RBI's massive intervention.
How India can revive the rupee, economy
All major financial markets - equities, bonds and currency - are on a slippery slope, with no respite in sight.
Markets end lower amid weak global cues
India's benchmark share indices came off their day lows in late trades after the rupee trimmed losses.
Column: Making sense of the rupee
In the medium term what will truly matter for the rupee's fortunes are India's growth and inflation fundamentals.
Murthy constitutes Infosys 'dream team' at chairman's office
According to sources privy to the development, Murthy has chosen a team of four senior executives -- former Infosys India business unit head Binod Hampapur Rangadore, Ranganath D Mavinakere, Deepak Padki and Rohan Murty.
August 19, 2013
BSE: Top losers and gainers
The 30-share Sensex ended lower by 291 points to 18,308 and the 50-share Nifty dropped 93 points to 5,415.
Why the supposed rupee-dollar parity of 1947 is a MYTH
Mr Modi should welcome the rupee's fall as overdue, not criticise it.
The 10 longest bridges in India built above water
Bihar has the maximum, four, longest bridges and Andhra Pradesh comes second with two.
IMAGES: Will Mumbai ever boast of this unique building?
James Law, an architect based in Hong Kong designs futuristic buildings to meet the big challenges in cities.
PHOTOS: Maruti Ritz vs Honda Brio vs Hyundai i10
Three of the most popular automatic compact cars are Maruti Ritz, Honda Brio and Hyundai i10.
COLUMN: Story of two devaluations
But an unimpressed finance minister plays King Canute.
Please, let's not write the rupee off
It's in the same boat as other emerging markets with current account deficits, but the recent capital-raising measures may help
SPECIAL: The fall guy or a bright spot that turned black?
Is Anjani Sinha of National Spot Exchange being made the fall guy?
Sensex plunges nearly 300 points; rupee weighs
The 30-share Sensex ended lower by 291 points to 18,308 and the 50-share Nifty dropped 93 points to 5,415.
10 innovators moving and shaking their companies
Let's take a look at some next-generation movers and shakers who are changing the face of business.
Is 'Modinomics' another version of economic populism?
Some supporters say that with Narendra Modi's anointment as the de facto leader of the party, there will be a turn in the BJP's economic philosophy.
August 18, 2013
Slumdogs: When expatriates cannot afford high rents
The economic boom of the last decade are forcing foreigner with low-income to live in the infamous Rio de Janeiro slums.
Amazing inventions from ordinary people in China
Built by farmers, mechanics and workers in their inimitable style, some of these remarkable products are even made from scrap!
August 16, 2013
Market mayhem: 13 biggest falls of the BSE Sensex
The Bombay Stocks Exchange S&P BSE Sensex plunged by over 750 points, or 4%, its biggest fall in four years, to end at 18,598 on fear that the roll-back of US stimulus could spark selling pressure by the overseas investors in the equity space.
5 financial SCAMS that shocked the markets
The NSEL crisis has wiped out hundreds of crores of many investors.
IMAGES: Driving into the future with an electric car
While the world hasn't yet embraced electric cars, that might change soon when Tesla introduces two other potentially game-changer models.
How India has curbed child labour
An ILO study shows child labour has declined for girls from households that had taken up the work guarantee programme.
Want to take a shower 40,000ft in the air? Welcome aboard!
Let's take a look at some of the perks being offered by airlines.
One Indian station among world's 20 most amazing railway hubs
These beautiful railway stations are icons of a nation's outstanding infrastructure.
After kicking out the Tatas, Didi plans 'industrial revolution'
Industrialists say they were bowled over by the West Bengal chief minister's 'charm and simplicity'.
The 10 most influential women in technology
These women may not have founded the current-day tech giants but they surely have helped to make these firms successful.
Bloodbath on D-Street; investors poorer by Rs 221,268 lakh cr
BHEL, YES Bank, RCom, Titan Ind, JP Associates, BF Utilities, Ruchi Soya and Punj Lloyd have tanked more than 10% each on E.
India's most popular online shopping websites
The growing online retail market in the country has become a lucrative business in the past two years. Here's how these companies have fared.
Is your builder a DEFAULTER?
To ensure the property right is not contested, one has to take various steps, including getting a bank NoC.
25 biggest brands in the world
Let's take a look at some of the biggest brands in the world.
August 15, 2013
Quite ambitious Mr Prime Minister! But...
India to build 2 new ports, 8 new airports, new industrial corridors and rail projects, said Dr Singh.
Economy to rebound soon, PM confident
In the last nine years, the economy has grown at an annual average rate of 7.9 per cent, which is the highest pace of development in any decade so far.
Column: A cloudy Independence Day
Silver linings in the India's economic gloom.
August 14, 2013
BSE: Top gainers and losers
The Sensex ended higher by 138 points at 19,367 and the 50-share Nifty advanced 43 points to close at 5,742.
Hyderabad-born Prem Watsa may bid for BlackBerry
Often called Canada's version of Warren Buffet, Watsa preaches a long view that suggests it may be too early to assess his decision to take on a leading 10 per cent stake in BlackBerry.
IMAGES: Sinkhole swallows Florida resort
The state of Florida, which is prone to sinkholes because of its porous limestone foundation.
Samsung's phones, tabs to get an Indian touch
The company wants to lure customers from semi-urban and rural part of the country.
Crisis WORSENS: Inflation shoots up to 5.79%
As per official data released on Wednesday, WPI inflation in the food articles category rose to double digits at 11.91 per cent, driven mainly by price rise in onion, cereals and rice.
10 most secretive companies in the world
Let's take a look at 10 most secretive companies.
Curbing CAD? FM FAILS to take right steps
The government has chosen the wrong way to control the current account deficit.
3 Indian hotels among world's BEST
The hotels from India offer a rich cultural experience entwined with a history.
20 cities attracting most tourists in the world
Let's take a look at 20 cities that attracted most international visitors.
Why even a brilliant RBI governor cannot help India much
There's no point in having a brilliant RBI governor if politicians do not listen to him.
Markets end higher led by auto, oil & gas stocks
Tata Motors was the top gainer among the Sensex stocks.
Eko Atlantic city: An engineering marvel on the sea!
Nigeria is building one of the world's biggest and ambitious projects on 5,000,000 square metres of land reclaimed from the Atlantic Ocean.
World's 10 largest banks, China leads
For the first time ever, a Chinese bank has topped the world's top banks' ranking.
'Nobody wants to start an industry in India'
"We are one of the very few emerging economies in the world that has a current account deficit. That is because nobody wants to start an industry in India," says Dilip Kapur, Founder, Hidesign.
August 13, 2013
BSE: Top gainers and losers
The 30-share Sensex closed at 19,230 mark up 283 points whereas the 50-share Nifty ended higher by 87 points at 5,699 levels.
More BAD NEWS for India's economy
Credit Suisse in a research note said that 'we have cut our 2013/14 year average GDP growth forecast to 6 per cent from 6.5 per cent, while also lowering our 2014/15 projection by half percentage points to 7 per cent'.
SPECIAL: Tata Communications switches focus for growth
Beset by falling profit from voice traffic, the company is getting into new fields like managed services and white label ATMs.
India's growth? Well, it comes last!
Trade deficit falls, inflation steady, but industry is still frozen.
World's 10 BIGGEST economies, India at No 3
The United States continues to remain the world's largest economy.
IMAGES: Hyundai's Grand i10 is a whole new beast
Hyundai's Grand i10 is a different vehicle, not a mere extension of i10.
How to WIN Google's Rs 3 crore prize
Ahead of India's Independence Day celebrations this week, Google has launched 'Google Impact Challenge in India', inviting Indian nonprofits to tell how they would use technology to improve people's lives.
SPECIAL: The real trouble with our banks
Their sky-high profits in an essentially commodity business reflects too little competition.
Surprise! Maharashtra, Gujarat NOT India Inc's favourite
States that saw the highest number of new company registration in the last financial year.
How nanotechnology transforms our everyday lives
Nanotechnology is appearing in all sorts of places you might not expect.
SPECIAL: Why billionaires like to buy newspapers
Jeff 'Amazon' Bezos' $250-million purchase of the iconic Washington Post last week has sparked a debate on why billionaires are buying into a medium that is staring at irrelevance, if not death.
Markets end at 1-week high, Nifty regains 5,700
M&M, Bajaj Auto, Tata Motors and Hero Moto and Maruti Suzuki from Auto sector surged between 1-4%.
Can you recognise these AMAZING cars?
These customisations can give you luxury of expensive cars.
August 12, 2013
Invest wisely and lead a happy retired life
Rising trend of nuclear families, increasing cost of healthcare, and inflation make it necessary for an individual to plan for retirement.
How balance of payment woes are hurting rupee rescue
A heavy dependence on imported energy, gold and technology means India has historically run a current account deficit, which it has funded by attracting foreign money into stocks, bonds and corporate investment.
Car sales drop for 9th month, temporary workers face the heat
With car sales in India falling for a record ninth month in a row in July posting 7.4 per cent
Lamborghini's Indian Limited Edition Gallardo: Luxury redefined!
Lamborghini's Indian Limited Edition Gallardo is a super luxury sedan meant for just six wealthy owners.
What will be UPA's economic policies if it comes to power?
The finance minister suggests that maybe his government has erred in its political management.
Images: These 9 cars to hit Indian roads soon
Hold your car purchase! You will have these options soon.
IMAGES: India's 10 longest expressways
India has 942 expressways covering a total distance of 1,208.19 kilometres.
UPA has 'managed' to take the economy back to the 80s
The eight years and more since 2004-05 have seen a continuous non-oil trade deficit, the first such period since the 1980s.
Amazon Kindle Fire HD: What makes it rock
Both the 7-inch and 8.9-inch Kindle Fire HD tabs are built for people who consume media, and if one is looking for a tablet for doing just that, these are the devices.
Microsoft's stunning campus with a huge shopping mall
This Microsoft headquarter can give a complex to Google's swanky offices
Nifty reclaims 5,600; RBI steps boost sentiments
The broader markets ended firm with mid-caps and small-caps gaining 1.5 per cent on the BSE.
Nokia's Asha 501 brings hope for first-timers
Nokia Asha 501 has got the first thing -- design -- that we Indians look for in a phone bang on.
August 10, 2013
'India's GDP at risk of touching 3.5-4%'
Interview with Asia-Pacific economist, Morgan Stanley
August 09, 2013
Crisis: Investors bearish on India's growth prospects
If Indian money looks around at the economic climate and decides instead to go to Latin America, West Asia, or China, then why would foreign money's decision be any different?
Mercedes A-Class: One of the most stunning hatchbacks
If you want a premium car where you will take to the driver's seat very often this one's for you.
Couples want to spend money on shopping, not kids!
Growing numbers of couples are putting the department store before the baby carriage.
Can Datsun revive Nissan's fortune?
CEO Carlos Ghosn hopes the Go, which has been primed for the middle class, will help Nissan achieve the goal of capturing 10 per cent of the Indian market by 2016.
Rohini Nilekani has her heart in the right place
Philanthropist and writer Rohini Nilekani has invested across sectors such as education, environment and sanitation.
Why is the Indian economy sinking? 5 glaring mistakes
The five policy missteps that have led India to economic crisis.
August 08, 2013
BSE: Top gainers and losers
At close, the Sensex was up 0.7% or 124 points at 18,789 and the Nifty gained 0.8% or 46 points to end at 5,565.
Why rupee will continue to remain weak
As India's rupee hits record lows, some investors see it headed towards the mid-60s against the dollar, a reflection of weak economic fundamentals and expectations the government will struggle to implement meaningful measures to reverse capital outflows.
India's telecom sector begins to emerge out of gloom
Almost four years after savage tariff cuts, the telecom sector is slowly limping back to normalcy.
LG G2 smartphone makes Samsung Galaxy S4 look old
The phone comes with Qualcomm Snapdragon 800 Processor that is clocked at 2.26GHz and a 2GB RAM.
Govt IGNORES the plight of poor in India
India is home to one third of the world's poor, yet the government claims that poverty has fallen.
Images: A seven-star hotel in the air
This is how Emirates took luxury to a new height with its private jets.
Tax rules could force Bezos to play active role at WaPo
Amazon chief has said he plans to focus on his day job but 10 hours a week at Post may be needed for tax benefit
Coming soon: Toyota's Camry Hybrid saloon
The is expected to cost about Rs 35 lakh.
All is not wrong with Indian economy. 25 interesting facts
Amidst all the doom that prevails in India, there are many reasons to feel good about its achievements and future prospects.
Why American companies are 'angry' with India
Indian tax laws are a source of frustration for US companies, says US Ambassador to India Nancy J Powell.
Markets gain on rupee recovery, Ranbaxy zooms 28%
Short covering in index heavyweights like HDFC, HDFC Bank and TCS aided the upmove.
Most polluting countries in the world, India ranks 3
These are typically the nations with the biggest industries, biggest production capabilities and the biggest populations.
How Raghuram Rajan can SAVE and KILL the Indian economy
He takes over at Mint Road at a time when the governor's job is even less easy than it is normally.
August 07, 2013
BSE: Top losers and gainers
The 30-share Sensex dropped 68.16 points at 18,664.88 and the 50-share Nifty fell 23.15 points at 5,519.10 levels.
India to milk advantage from curbs on New Zealand dairy products
India, the world's biggest milk producer, hopes to seize on a New Zealand dairy product contamination scare to increase its exports and add market share in China and other emerging Asian countries.
Hyundai finally reveals the Grand i10
The Grand i10 gets Hyundai's new Fluidic styling and details.
Food security law's WTO complication
The recently promulgated National Food Security Ordinance might breach the global trading rules on agriculture under the World Trade Organization if there is diversion of the subsidised foodgrain for export.
Rupee likely to cross 62 by August-end
Rebounds from all-time low after RBI intervention; more liquidity tightening a worry; Rajan's appointment taken as a sign of hope.
For SpiceJet, vanilla sky set to darken
Due to unfavourable industry prospects and given that the September quarter is traditionally a weak one, the outlook for SpiceJet is not favourable.
COLUMN: Has RBI actually MANAGED to stem the rupee fall?
It is logical to believe the measures that have been introduced are 'temporary'.
World's most expensive products: Can you afford any?
Luxury items including art pieces, collector's items and jewellery - such as The Rocking Horse expected to sell for $38,000-$61,000, a pet funeral set for $4,000 and a leftover slice of toast from Prince Charles' wedding day expected to fetch $361.
SPECIAL: Thorny road ahead for Raghuram Rajan
Regardless of who is right, Rajan has to quickly come to grips with a number of obvious challenges, ranging from the immediate to the medium term.
India's pride:10 outstanding infrastructure projects
Major infrastructure projects including swanky airports are changing India's profile as an attractive and enterprising destination.
Billionaires who are diamond kings of the world
Let's have a look at some of the richest diamond owners in the world.
Markets drop on stimulus-exit fears
The broader markets ended firm with mid-caps and small-caps gaining over 1 per cent on the BSE.
Insurance bill: The reasons behind BJP's puzzling about-turn
Reports suggest that the BJP may now be willing to support the Bill in the ongoing monsoon session of Parliament provided some of its conditions are met.
Images: Is this how we will travel in future?
Here are ideas that can help to replace the current transport that either are free of fossil fuels or cut their use extensively.
6 key CHALLENGES for Raghuram Rajan
The immediate priority for the new governor will be to draft the mid-quarter review
August 06, 2013
12 interesting facts about Raghuram Rajan
The government and the RBI are working together to tackle the country's economic problems but there is no "magic wand" to fix them, said Raghuram Rajan, who will take over as central bank governor next month.
BSE: Top losers and gainers
Markets ended over 2.3% lower on Tuesday, amid a weakening rupee, weighed down by financials on concerns that the RBI would announce fresh measures to cap liquidity in an effort to prevent further weakness in the rupee.
Next RBI Governor: What India must do to grow in double digits
'For a large vibrant economy like India's, there is always hope. We still have tools to tackle our problems. But we must exercise those tools with vigor and a sense of urgency.' , the celebrated economist who will be the Reserve Bank of India's next governor, revealed what India must do to start growing again in this memorable speech last year. Can he now deliver results?
Raghuram Rajan will be the next RBI governor
India's chief economic adviser, Raghuram Rajan has been appointed as the governor of the Reserve Bank of India.
Jet Airways: First Indian airline to order Boeing 737 Max
To take delivery of 50 from 2017 and in talks to lease five Airbus planes to Kuwait Airways.
The men who predicted Jignesh Shah's downfall
In his order, SEBI member dealt with the "fit and proper" criteria of the exchange promoted by Financial Technologies (FT) and Multi Commodity Exchange (MCX) and their founder Jignesh Shah.
Why Chidambaram wants to close down Employees' Pension Scheme
Employees' Pension Scheme has been asked to fold up and hand over subscribers to National Pension System
SPECIAL: How Rajasthan reduced poverty
The state's healthcare scheme helped reduce poverty level by 10 percentage points between FY10 and FY12.
Revealed! All-new 2014 Honda Jazz
Benchmarked against VW polo, the car would be launched in India early next year.
Ten things you wanted to know about the NSEL crisis
From what the crisis is all about to who all are affected, here are 10 FAQs.
From tech pioneer to media baron, Jeff Bezos' success story
Jeff Bezos is one of the few chief executives in corporate America who refuse to bow to Wall Street's quarterly profit demands.
How price rise has eaten into aam aadmi's monthly budget
Common people are gasping under the pressure of price rise.
12 most expensive Android apps in India
While most of the apps serve only as status symbols, the others are targeted towards medical students or professionals.
Markets end sharply lower amid weakening rupee
Markets ended over 2.3% lower on Tuesday, amid a weakening rupee, weighed down by financials on concerns that the RBI would announce fresh measures to cap liquidity amid a weakening rupee.
Amazon's Bezos buys Washington Post: Lessons for NYT, others
The Amazon founder's $250 million purchase of the famed Washington Post offers a template for the last few holdouts in the industry, chief among them the New York Times Co's Sulzberger family.
Mumbai's huge infrastructure projects in limbo
The Rs 2,460-crore (Rs 24.60 billion) Mumbai Monorail project, which was to be completed by 2010 and was later rescheduled for December 2012, is still under construction.
How Grahams ran Washington Post through generations
The newspaper won numerous Pulitzer Prizes as circulation declined.
No plan to surrender Bengal land: Infosys
IT major Infosys said it would not give up the 50-acre land it has been allotted for its
August 05, 2013
Bourses won't have to pay for India Inc's debt
Companies with no or little debt account for three-fourths of m-cap of E 200, excluding financial firms.
Maruti launches top-end Alto 800 variant at 3.35 lakh
It comes with an optional airbag on host of other features like integrated audio system.
How to claim tax refunds
It is easiest to claim refund while filing returns. But if you have not done so, use Form 30
Sony F15 series: If you need a machine for movies, music
But with just 2GB of RAM, you might be left wanting more
Micromax Canvas 4: Packs good performance but costly
The phone looks premium and has a good front camera but it heats up fast and the interface is gimmicky.
India's Billionaire club: Who won, who lost
Billionaire club sees one entry, five exits in first 7 months of year.
Mumbai billionaire's grand plans come unstuck
NSEL is the latest example of how Jignesh Shah's grand plans are coming unstuck.
Indian row over poverty extends to Harvard and Columbia
The debate boils down to what path India should take in coming years as slower growth puts further poverty reduction at risk in the world's second-most populous nation.
Indian investors go overseas to shop for infra projects
As domestic opportunities diminish, investors look abroad for these projects.
An Indian airport has one of the best on-time records
Let's take a look at some airports that have best on-time record in Asia, including one from India.
Markets snap eight-day losing streak, FinTech jumps 31%
Coal India moved higher by over 3% to Rs 263, despite of weak April-June (Q1FY14) results, on expectation of earnings improvement by going forward.
Bangalore among world's top 8 tech innovation hotpots
India's Silicon Valley, Bangalore has been ranked among the world's eight largest technology innovation clusters by MIT Technology Review.
Booming business: How gold is SMUGGLED into India
With import duty on gold raised to 8 per cent, smugglers are back at work.
August 03, 2013
Infosys can double investors' money in 3 years: CLSA
The Infosys stock on Friday touched a two-year high, after brokerage firm CLSA said the company had the potential to double investors' money through the next three years.
Will the new FDI norms impact the Jet-Etihad deal?
Anand Sharma said the Rs 2,060-crore Jet-Etihad deal falls in line with new 'control' definition.
What Ambani-Mamata discussed in Mumbai
Mukesh Ambani had exclusive meeting with West Bengal chief minister after she met India Inc leaders in Mumbai.
August 02, 2013
BSE: Top losers and gainers
The 30-share Sensex dropped 153.17 points to end at 19,164.03 while Nifty declined 49.95 points at 5,677.90.
COLUMN: Beyond the Bhagwati-Sen slugfest
Recent growth has wrought enormous environmental destruction and degradation in India, says .
From Dzire to Amaze: The top 9 sedans in India
Indians' love for hatchbacks and SUVs are well known. However, sedans, too are becoming increasingly popular in the country, and the segment is quietly gaining marketshare.
'China's Paris' turns into a ghost city
China build a township modeled on Paris with a scaled-replica of the Eiffel Tower to accommodate at least ten thousand residents.
Delhi's public transport: Are buses better than the Metro?
New bus clusters in New Delhi aren't coming up, as there is a shortage of land for depots.
PIX: Why Google's Motorola Moto X phone is 'special'
Motorola on Thursday unveiled a new smartphone that consumers can personalise with a choice of colours and materials, hoping to stand out in a crowded market and justify the $12.5 billion that Google Inc paid for the ailing handset maker.
The misery of gold miners in Sudan
In their quest for gold, these miners risk their lives and plunge into dark gorges in the barren deserts of Sudan.
IMAGES: How brands in India can change lives for better
Social changes around us provide interesting triggers for connecting to brands.
Why India must say no to 'jugaad'
What was being hailed as innovation in Indian industry not so long ago was nothing but cutting corners and skipping processes.
India's 10 best brands, Tata is No 1
The Tata group has touched the lives of millions of Indians since the last 100 years.
What explains steep poverty fall in India from 2004 to 2011?
Poverty figures for 2011-2012 have shown a steep decline since 2004-2005.
Sensex, Nifty post biggest weekly fall since mid-March
Broader markets ended weak with mid-caps falling 0.4 per cent while small-caps declined 1.3 per cent on the E.
Poll: Is Subbarao the 'worst performing' RBI Governor?
Along with the Finance Minister, the country looks up to RBI Governor in times of crisis. Among the last five chiefs, who have lived up to the people's expectations? Find out...
Indians can travel to 51 countries visa free, Danes 169
There are some countries whose citizens can travel without much restrictions, while others have to queue for visa.
August 01, 2013
Govt eases norms for FDI in multi-brand retail
The government eased investment rules for the retail sector on Thursday in a renewed attempt to attract foreign supermarket operators such as Wal-Mart Stores Inc and Tesco.
BSE: Top losers and gainers
The broader markets were battered heavily. BSE Mid-caps and Small-caps indices fell between 1-2% on the BSE.
PM lauds Chidambaram's commitment for reforms
Commenting on economic reforms, he claimed that accord is necessary to achieve these objectives in India. Goldman Sachs downgrades sluggish Indian economy
Global investment bank Goldman Sachs on Thursday downgraded India to "underweight" Baby food giants Heinz, Nestle draw flak
Baby food giants Heinz, Nestle and Abbott are violating promotional parameters allege activists in India. IMAGES: India's most popular SUVs
The journey ahead, however, will not be easy, with the price of diesel, the most preferred fuel of the oil-guzzling SUVs, going up steadily.
Kavin Mittal's quest for a killer app
Just as his father Sunil Mittal ignited a revolution in telecom in India, Kavin is trying to do so in a space that represents the rapid convergence of two industries-the internet and telecommunications.
Auto sector produces mixed results in July
The company, however, said sales of the compact segment comprising Swift, Estilo, Ritz were down by 11.9 per cent to 13,882 in July this year as against 15,759 units last year.
UK's 'visa bond' and its consequences
It now appears that London wants to go ahead with �3000-bond surety.
PHOTOS: Betting on casino to turn around fortunes
A tycoon in Macau is betting on casino to turn around his luck.
World's biggest wine brands are capturing new markets
Let's take a look at some of the biggest wine brands in the world.
The danger of defending the rupee revealed
To first take a position that the currency would be managed, and then to witness it fall, is a grave loss of credibility for any government, and for any central bank.
Who should be the next RBI Governor? Vote!
With RBI governor Duvvuri Subbarao retiring in September, 2013, the government is on the look out for the most eligible person to head the Reserve Bank of India.
India's first hydrogen fuel cell bus developed by Tatas, ISRO
The CNG-based vehicle features Hydrogen stored in high-pressure bottles on the top of the bus.
Guess which country has the highest income tax?
Although many European countries have high income taxes, they don't charge as much as India.
Markets end flat amid volatility, FinTech plunges 65%
Financial Technologies hogged the limelight after the stock plunged 65% today.
Maruti to launch new Alto K10 by Diwali
The model will get new upholstery and audio system.
Another scion rises on the Indian IT horizon
Shiv Nadar's daughter, Roshni, joins HCL Tech board
July 31, 2013
PM promises bold, decisive steps to accelerate reforms
Prime Minister Manmohan Singh on Wednesday said the government will act boldly and decisively to revive economic growth.
Petrol price hiked by 70p a litre, diesel by 50p
New prices are effective tonight.
Posco's Odisha project faces local ire
Resentment is also brewing over the fact that instead of employing locals, peripheral development work has been entrusted to outsiders.
Govt to further liberalise FDI policy, says Chidambaram
The finance minister added that Indian government revenues are expected to increase by 21 per cent in the 2013-14 fiscal year.
Business jets fly into government headwinds
The Ministry of Home Affairs (MHA) has stopped issuing temporary landing permits (TLPs) to air crew of foreign-registered business jets, citing security concerns.
IMAGES: Clocks that take you down memory lane
Tick tock around the world.
The 10 biggest ad agencies in the world, post-Publicis, Omnicom merger
With the Publicis-Omnicom merger creating a gian of an ad agency, let's have a look at the 10 biggest advertising agencies in the world.
Sensex recoups from day's low to end flat
India's benchmark index, Sensex ended on a flat note after a volatile trading session as investors braced for the US Federal Reserve policy meeting with caution.
States with longest National Highways; Uttar Pradesh is No.1
India's National Highways form just 2 per cent of the country's road network India's National Highways form just 2 per cent of the country's road network.
Rupee rebounds from record lows
The rupee on Wednesday dropped by 73 paise to 61.20 in the late morning deals on persistent month-end dollar demand from importers on the back of strengthening in
Subbarao on RBI's liquidity-tightening measures
Rapid depreciation of the rupee put us in a vicious spiral: D Subbarao
17 most expensive currencies in the world
Here are high value currencies that are more expensive than dollar.
July 30, 2013
BSE: Top losers and gainers
Markets fell further in noon trades amid profit taking in FMCG majors and oil and gas shares.
RBI lowers GDP growth projection to 5.5%
The Reserve Bank on Tuesday lowered the growth projection for the current fiscal to 5.5 per cent from its earlier estimate of 5.7 per cent and asked the government to undertake policy measures to improve investment climate.
India's economic crisis: No daylight yet
India Inc produces worst results in five quarters.
12 most infamous 'criminals' in tech history
Ironically, while the technology revolution was triggered by some geniuses, it also led to the birth of some hackers.
IMAGES: China plans to build world's tallest building in 10 months
Let's have a look at 20 tallest buildings in the world and the time it took to construct them.
Chidambaram marks a year in office fighting old and new fires
This week, the finance minister will complete a year in his latest stint.
Markets end lower on high CAD, weak rupee
FMCG majors ITC and HUL along with RIL and ONGC weigh on the indices.
Images: The super yacht that Steve Jobs designed
The last big project of the Apple founder.
India's darkest hour: Hopes recede of economic recovery
Companies, bankers and experts have all given up hope of an economic recovery
Coming soon: The swanky Maruti WagonR Stingray
It will be priced slightly higher than the current WagonR and Maruti will sell both alongside.
As expected, RBI keeps key rates unchanged
The central bank held the cash reserve ratio at 4 per cent.
July 29, 2013
Chidambaram endorses both Bhagwati and Sen's economic models
India can never be a truly happy, prosperous country unless our passion for growth is combined with compassion for the poor, said Chidambaram.
RBI to manage liquidity as rupee stability trumps growth
The central bank's policy focus has shifted from reviving economic growth to defending a rupee that hit a record low of 61.21 to the dollar on July 8, when it was down more than 9 per cent since the start of the year.
BSE: Top losers and gainers
Markets slumped for fourth straight session this Monday as investors braced for the central bank meeting with caution.
FIPB clears Jet-Etihad deal with some riders
The Foreign Investment Promotion Board (FIPB) on Monday cleared Abu Dhabi-based Etihad Airlines buying 26 per cent stake in Jet Airways for Rs 2,058 crore (Rs 20.58 billion) with some conditions.
The Rs 18 crore palace on wheels
The mobile home can make vanity vans of Salman Khan and Shahrukh Khan look modest.
Our govt is industry-friendly: Chidambaram
Finance Minister P Chidambaram said, "When we return in 2014, we will be more friendly."
Why the Planning Commission should wind up
The Commission more or less speaks for the government in power and nothing else.
How Facebook is showing the way to other tech giants
Number of people going to Facebook via mobile devices continues its inexorable rise.
Spooked investors avoid taking risks ahead of RBI policy
The broader markets ended lower with mid-caps and small-caps falling over 1 per cent on the BSE.
PM to meet India Inc to soothe frayed nerves
Top business leaders to raise issues on investment, trade and the rupee
2014 Range Rover Sports to drive in India before Diwali
It is one of the most anticipated luxury SUV that has garnered 15,000 bookings before launch in Europe alone.
Is India planning to take a loan from IMF?
A rapidly deteriorating balance of payments may warrant that but the political climate is too risky
Bhagwati vs Sen: What is the real conflict?
Jagdish Bhagwati, professor of economics and law at Columbia University, tells Nayanima Basu he is not anti-redistribution, adding the crucial issue is where the money would come from.
Soon, you can buy Tata Nano online!
The company planning to have a larger push to small car even as sales continue to remain subdued.
July 26, 2013
'It is high time to jettison Amartya Sen'
Jagdish Bhagwati keeps the debate with the Nobel Laureate raging in this interview with .
Wipro Q1 net profit at Rs 1,623.3 crore
India's third-largest software services exporter, Wipro said quarterly profit rose 11 per cent from a year earlier, in line with analysts' estimates, after an increase in orders boosted earnings.
How gas price hike benefits Reliance Industries
The gas pricing formula no weight to cost of gas production. It takes into account prices in global hubs and the price of gas being imported.
Policy change unlikely to bring instant dollar inflows
Changes in the multi-brand policy unlikely to help the entire retail sector.
Thin line between poverty and starvation
Proportion of people living below the poverty line came down from 37.2 per cent in 2004-05 to 21.9 per cent in 2011-12.
Why RBI is not doing enough to defend the falling rupee
It is focussing on long term growth, which may not be good for the currency.
A STUNNING $40 million mansion waiting for buyers!
The magnificent 10-bedroom mansion once owned by fashion designer and founder of Gianni Versace, an international fashion house, is set to be auctioned.
Force One SUV gets new variants, starts at Rs 8.99 lakh
Adds a bare bones entry level EX and a top-end LX variants. The latter comes with 4-wheel-drive.
Buying a smartphone? Find out the BEST in India
Buying a smartphone can be very confusing today. Here's the list to help you narrow down on your choice.
The Sen-Bhagwati slugfest: Not the 1st in history
Is the unfolding Bhagwati-Sen debate likely to have the same impact on economic policy in India as Hayek versus Keynes had on the West?
Three Indian cities among world's BIGGEST
Let's take a look at 25 biggest megacities in the world.
Sensex slips for 3rd day, drops 57 points at close
The benchmark S&P BSE Sensex fell for the third day and closed 56.57 points lower at 19,748.19, dragged down by metal, realty and bank stocks ahead of the RBI's policy review next week.
India's most preferred employers, IBM tops
Engineering students continue to prefer working with IBM as it is the most preferred brand.
Crisil slashes India's GDP forecast to 5.5%
Rating firm Crisil revised downwards its GDP growth forecast to 5.5 per cent this fiscal
Azim Premji sees double-digit growth for Wipro
Wipro is poised for double-digit growth in the coming years as the US market is recovering and consumer spending improving, Chairman Azim Premji said.
The Indian connection to Red Hat's growth story
The company that set up its R&D centre in early 2000 with just about 10 employees has grown to a 300 employee entity.
IMAGES: India's Disneyland on a roller-coaster ride
Maharashtra government orders probe into land acquisition by theme park Imagica.
July 25, 2013
'Amartya Sen is the only economist to have hurt India's poor'
Bhagwati criticised Amartya Sen for supporting the Food Security Bill, saying it is going to fuel inflation.
Mercedes launches E63 AMG, priced at Rs 1.29 crore
it comes with a 5.5-litre V8 engine, with a displacement of 5,461 cc.
Tata Motors hints at price hike before Diwali
The company is planning the despite facing continued pressure on sales.
The Sen-Bhagwati spat: 7 things you should know
Minor disagreements between Jagdish Bhagwati and Amartya Sen have amplified into a shouting match.
2G: Anil Ambani gets exemption from court appearance
Reliance ADA Group Chairman Anil Ambani was on Thursday exempted by a Delhi court from personally appearing before it on Friday as a prosecution witness in the
SPECIAL: Six steps that can put the economy back on rails
Overseas investors are scared of putting money in India - and this should worry the government, says T V Mohandas Pai, Chairman, Manipal Global Education and former member of Infosys's Board of Directors.
Markets sink on global weakness, F&O expiry
Markets ended lower on Thursday following the expiry of July derivative contracts weighed down by profit taking in FMCG shares after recent gains.
Google unveils new Nexus 7, higher price tag
It has much better display and is slimmer than the previous device.
Skoda may launch 2013 Octavia next month in India
Though it will replace Laura, the new model would retain latter's petrol and diesel engines.
Q3: Cheapest Audi offering brilliant performance
The car feels as if it's always on edge.
India to be world's third largest auto market by 2016: IHS
It will overtake Brazil, Germany and Japan.
10 countries facing financial black hole
Let's take a look at 10 economically riskiest countries.
India's most competitive states: Maharashtra beats Gujarat
India's diverse and dynamic states contribute towards making India an economic power.
America has fought back after years of recession: Obama
President Barack Obama on Thursday said that the United States has fought its way back after years of worst economic recessions in the country.
8 closest rivals of Datsun GO
GO is the first Datsun car for the 21st century.
The great Indian listed firm ROBBERY!
Vikash Metal & Power says it lost a building and other stuff worth Rs 90 cr to an "incident of robbery" and auditors endorsed it
INVEST in these 14 sectors to build global economy
Let's take a look at 14 infrastructure sectors that need immediate attention.
SX4, Civic, Corolla to cost LESS
The CBEC admitted the three models are known as sedans in trade, not as SUVs.
July 24, 2013
Biden sees India as a land of opportunity for US companies
Biden was clear that a powerful, growing and vibrant Indian economy was in America's interest.
BSE: Top losers and gainers
The 30-share Sensex ended down 211 points at 20,091 and the 50-share Nifty slipped 87 points to close at 5,991.
Top 10 supercomputers, China beats US
Beating the United States, China has made a giant leap in the field of supercomputers.
Why do expats find Asia-Pacific cities cheaper
In India, Mumbai has emerged as the most expensive city for expatriates and was ranked 118 in the Index. Last year, Mumbai was ranked 114th on the list.
Apple silences critics; sells over 3 crore iPhones in 3 months
It went up 51 per cent in third quarter compared to last year.
Can we trust India's poverty figure? Well...
The Planning Commission has issued poverty estimates based on the Suresh Tendulkar methodology, while admitting it was not taking this seriously.
GM RECALLS 1.14 lakh units of Tavera in India
The 1,14,000 affected vehicles will be repaired free of charge at GMI's 280 dealers, the company said.
Nokia unveils low-price Lumia 625 with 4.7-in screen
Price before taxes and subsidies is Rs 17,300.
The man with the Rs 20-crore pay packet
Governance group SES thinks so but JSW Steel says he's exemplary and deserves it.
Singur: A tale of ambition, politics and BLATANT LIES
Mamata Banerjee and Singur share a history that dates back to 2006.
Future of flying: Solar-powered planes?
For now, it does not seem possible that solar-powered aircraft can be used as passenger planes. Only a revolution in technology related to solar panel or battery can help.
Pay high premium to 'buy patriotism'
The government will have to pay between 5% and 6% on domestic dollar deposits for a 5-year period if it wants to lure overseas Indian money.
For the mobile Internet, tomorrow belongs to Asia
The number of mobile Internet users in the developing world will overtake those in the developed world for the first time.
Markets slump as RBI imposes fresh restrictions on banks
Markets ended over 1% lower, snapping a five-day winning streak, amid a sell-off in bank shares after the central bank late Tuesday imposed fresh restrictions on commercial banks' access to cash.
Ambassador to be reborn as a compact sedan
Hindustan Motors is planning to launch two variants of the popular car - a sub-4 metre sedan and a new generation Amby.
Two Indian cities among world's 20 outsourcing hubs
Let's take a look at top 20 outsourcing cities in the world.
Gold smuggling is back with a bang!
Following recent govt moves, seizures shoot up in Nepal and Bangladesh
10 best-performing tech CEOs in the world
Here are the leaders that have created the best value for shareholders while maintaining high standards of corporate social responsibility.
July 23, 2013
States with highest and lowest poverty rates
The poverty ratio was highest in Chhattisgarh at 39.93 per cent.
UPA report card: Delayed projects and empty promises
Some of the reasons for time overruns were delay in land acquisition, delay in forest clearance, Maoist activities, law and order, delay in supply of material.
Gold at over 1-month high of Rs 28,365/10 grams
The upsurge was further supported by a firming global trend.
Anti-Modi Amartya Sen says Gujarat has its merits
The economist said it was wrong to portray India's governmental experience as a complete failure.
Consumer confidence: India drops to 3rd position
Consumer confidence in India was indexed at 118 in Q2 2013, a two-point decline from Q1 2013 (120), and a one-point decrease from Q2 2012 (119).
COLUMN: Vexing issues of gold import, current account deficit
The external current account deficit remains our biggest worry today.
World's 20 most admired companies
While some are recognised are for their exceptional products, others have earned a repute for excellent services.
SPECIAL: How Reliance Retail plans to strike it big
The home-grown retail player will strengthen its Reliance Market chain to take its turnover to Rs 50,000 crore (Rs 500 billion) in two-three years.
Digital media turns into a money spinner in India
As both video and streaming services take off, online entertainment is finally showing signs of making money.
New Mercedes E Class gets the most powerful engine!
The auto maker has taken the gamble and reconfigured the model to meet the challenges posed by its rivals. It might well prove a winning ploy.
Is Gujarat really a success story?
Data on growth in rural jobs and on progress in social indicators don't bear out the story of uniform and high progress
How TCS is able to beat Infosys in every aspect
The company has been able to help clients to transform their business and beat cost during the slowdown.
The best SUV for women drivers in India
Who says the snarling sports utility vehicle is only for men? Three SUVs battle it out to prove they are worthy of women's attention.
SPECIAL: Business lessons from Uttarakhand
Financial markets and public policy will have to privilege those businesses which not only reduce emissions but try to holistically resuscitate the environment.
Markets close higher for fifth straight session
Firm global cues, along with gains in FMCG majors ITC and Hindustan Unilever aid the upmove.
Indian economy a victim of bribery and corruption
Among the sectors seen as most vulnerable to corruption are the government and the public sector, infrastructure, real estate, metals, mining, aerospace, defence, power and utilities.
Planning to fly? Check out these 15 global airlines
Let's take a look at the performance of some major airlines.
July 22, 2013
Bihar and India's uncertain glory
There are reasons for India to hang its head in shame," says Amartya Sen in an interview this week.
When is the right time to go for your credit health check up?
Checking your credit report is the easiest way out to check your credit health.
8 Indians among world's best performing CEOs
In yet another sign of rising Indian dominance in the global business arena, eight corporate bigwigs from the country have made it to the list of the world's 100 best CEOs.
Question of change or continuity hovers over RBI
Identity of next central bank chief remains a matter of speculation.
How the govt bent rules to appoint Ramadorai as PSU chief
The senior Tata Group executive's appointment as NSDC chairman raises the vital question of conflict of interest
The fabulous life of 'Virgin' boy, Richard Branson
Let's take a look at the fabulous life of the flamboyant business magnate who recently turned 63.
Find out which Indian airports are named after leaders
Bangalore has decided to name its international airport after Kempe Gowda, the founder of the city.
Markets end flat amid volatility, Capital goods slump
E Capital Goods index slumped by almost 6%. BHEL & L&T tumbled by over 7%.
SPECIAL: Did Modi make Gujarat Vibrant?
Growth is impressive but there are questions on inclusiveness.
Black money: Tackling the controversial Mauritius route
Mauritius is back in the news, and as usual not for the right reasons.
July 21, 2013
Google's bread and butter business declines
More people are using the search engine on their mobiles leading to a fall in its average cost-per-click.
As smartphone sales wane Samsung look for alternatives
Will focus on aggressively expanding its storage offering.
July 20, 2013
G20 puts growth before austerity, seeks to calm markets
While the US recovery is gaining traction, China's export motor is sputtering, Japan's bid to break out of deflation has not reached escape velocity, and demand in the euro zone is too weak to sustain a job-creating recovery.
Chandrasekaran on how TCS plans to remain No 1
We have to continue to be agile on execution and regulatory fronts: N Chandrasekaran
July 19, 2013
RIL logs 19% profit growth in Q1 on strong margins
Gas production at KG-D6 field dropped by a steep 53 per cent.
'CBI finds violation of rules by Walmart in Indian deal'
The CBI, in its letter, said the matter was 'analysed' by the agency and it 'revealed violations of RBI guidelines and FEMA regulations'.
RIL delaying audit, says CAG, Moily defends
With CAG alleging that Mukesh Ambani-run Reliance Industries was delaying furnishing of records for audit, Oil Minister M Veerappa Moily on Friday said there was no problem and "everybody" was cooperating.
2G case: Anil Ambani, wife Tina summoned as witnesses
The agency had contended that Anil Ambani, who is the Chairman of Reliance ADA Group, will be able to 'throw light' on the issues of alleged investment by his group companies.
India needs a realist not an economist Prime Minister: BJP
Attacking Prime Minister Manmohan Singh for the price rise and the downturn in economy, BJP President Rajnath Singh on Friday said the country needs a "realist" and not an economist Prime Minister.
'Over 96% start-ups incubated at TBI are successful'
Technopark Technology Business Incubator talks about the record success rate.
G20 backs tax plan, seeks to chart recovery
Fed stimulus withdrawal eyed, clarity sought from China
Ford EcoSport garners 30,000 bookings in mere 17 days
It beats the recent record of Honda Amaze that managed 22,000 bookings in about 20 days.
Too many problems forcing manufacturers to leave India
Manufacturing in India is no longer an attractive proposition.
Detroits' bankruptcy sends shockwaves across US
Detroit filed the largest municipal bankruptcy in US history on Thursday to seek relief for an estimated $18.5 billion in debt that has crippled the city that was once the hub of American manufacturing.
Can Nirmalya Kumar help Tatas tide over the tough times?
To say that Nirmalya Kumar has enjoyed a groundbreaking career is to say the very least.
All efforts will be made to rebound economy: Manmohan Singh
PM attributes the rupee decline to widening Current Account Deficit and global factors.
Detroit files for largest-ever bankruptcy in US history
The bankruptcy, if approved would force Detroit's thousands of creditors into negotiations to resolve an estimated $18.5 billion.
India faces growing problem of more skilled workers than jobs
In 10 years, we will have two college-trained aspirants for every job.
TCS takes forward Infy's momentum
In the quarter ended June 30, the company posted 15.7 per cent growth in net profit at Rs 3,831 crore (Rs 38.31 billion) when compared with the corresponding quarter last year.
Mitsubishi launches anniversary edition Pajero Sport
Offers extra features such as a touch screen multimedia system with GPS navigation, rear view camera and super select 4WD system.
Shocking! India ranks 119 in economic freedom
India's economic development has been marred by corruption, says The Heritage Foundation.
Markets end flat ahead of RIL results, global events
The broader markets ended lower with mid-caps and small-caps dropping 0.5-0.6 per cent on the E.
RBI's move bad for industry: Naina Lal Kidwai
Days after RBI tightened liquidity to check rupee fall, HSBC country head and Ficci
Datsun Go vs Alto 800: Spot the difference
They just don't have similar colours, Datsun's marketing campaign too seems be inspired from Maruti Alto 800.
July 18, 2013
BSE: Top gainers and losers
The 30-share Sensex ended up 128 points at 20,128 mark and the 50-share Nifty ended up 65 points at 6,038 levels. The Sensex and Nifty touched an intra-day high of 20,176 mark and 6,051 levels, respectively.
TCS consolidated net profit jumps 15.5% to Rs 3,831 cr
An increase in orders and foreign exchange gains boosted earnings.
Meet on Niyamgiri mining project: Tribals in the dark
Even as this village on the slopes of the rugged Niyamgiris gets ready to host the maiden gram sabha on Thursday to decide the fate of a bauxite mining project on the hills, life for the local Dongaria Kondh tribals, who consider the hills sacred, continues as usual.
Fliers beware! AirAsia in India may not be good for you
The airline's entry may trigger charges for every extra service such as baggage and seat selection.
If Indian companies don't spend on R&D, they will die
At present, India spends 0.9 per cent of its GDP on research and development (R&D), which is well below what developed countries.
Rajiv Bajaj firm on not issuing free shares to Chakan workers
Bajaj blamed a 'few rotten eggs' for the strike.
Tackling unemployment remains a big CHALLENGE for US
Noting that the US still has a long way to go to address large scale unemployment, the White House said on Thursday the country's deficit is declining at the fastest pace since demobilisation after World War II.
Audi S6: A sports car for everyday driving
The car has best of both the world - a roaring brawny engine and super luxurious features.
IMAGES: 10 airports that have WORST record in missing flights
One of the biggest fears of travellers around the world is missing connecting flight.
India's most powerful CEOs, Mukesh Ambani tops
Mukesh Ambani has been ranked as India's most powerful CEO.
Plan Panel estimates show sharp FALL in poverty rate
The Planning Commission pegs decline at 7.8 percentage points between 2009-10 and 2011-12.
The faces behind Microsoft's reorganisation
Reorganisation of Microsoft represents the most sweeping re-structuring since 2008.
How G5 power can revive emerging economies
Brazil, China, India, Mexico and South Africa are still a logical grouping.
COLUMN: Govt's move on FDI welcome, but insufficient
Simple fact is that this will not be enough to get pools of long-term funds interested in India again.
Markets end higher amid rangebound trade
The market breadth in BSE ended marginally positive with 1,206 shares advancing and 1,110 shares declining.
Multi-brand retail FDI policy riders might be eased
The department of industrial policy and promotion, nodal agency for FDI policy under the ministry of commerce and industry, seems to have prepared a note for the Cabinet Committee of Economic Affairs to consider.
12 innovations from the 1950s that we still use today
The decade of 1950s is marked with some of the major scientific innovations. Here are few of them that are still relevant today.
Can Toyota remain the world's No 1 carmaker?
Who have you placed your bet on?
July 17, 2013
SC ticks off Sahara for not refunding Rs 24,000 crore
The bench, which said that Sahara group must refund the amount by August 31 or face personal appearance, however, refrained from passing orders as the counsel for Roy pleaded that no such order be passed without hearing him and posted the case for hearing on July 24.
BSE: Top gainers and losers
The Sensex ended up 98 points at 19,927 and the Nifty gained 18 points to end at 5,973.
China will see 7.5 % growth; no need for bailout, says Li
Li's comments comes in the wake of speculation that the government could come up with a bailout package like the massive $645 billion in 2008-09 to insulate Chinese economy from global financial crisis.
SPECIAL: Will microfinance firms make good banks?
One of the hurdles for MFIs towards becoming banks is an unsecured loan portfolio.
SPECIAL: Unilever steps up its India game
Unilever CEO Paul Polman appears to have achieved what he set out to do -- partake of India's growth story.
'Govt inertia and policy bottlenecks hurting India's economy'
A large part of the current slowdown can be attributed to the execution bottlenecks and falling investor sentiment in the country, says Ajit Ranade, Chief Economist, Aditya Birla Group.
Want to cut airfares 25-30%: AirAsia CEO
Mittu Chandilya has promised himself and AirAsia chief Tony Fernandes that through the next four-five years, India operations would be the largest among those of AirAsia subsidiaries.
How good is BlackBerry Q5?
Longtime BlackBerry owners might balk at the fact that the Q5's battery can't be removed, considering the fact that they could reset their older handsets if the software hung.
SPECIAL: Flipkart beefs up to take on Amazon
After all, talk of Amazon buying into Flipkart has been doing the rounds for long, although the two Bansals have denied it many times before.
Stunning PHOTOS has the world raising a toast to alcohol
From Spain to Taiwan, the taste for alcohol remains a constant, as these photographs show.
15 Indian companies that are most global
On an average 75 per cent of their total revenues come from international operations and they hold 57 per cent of their total assets overseas.
100% FDI will help foreign telcos buy out partners
The decision is likely to bring in at least Rs 5 lakh crore of fresh investments into the sector over five years by improving connectivity and competition
How a telecom miracle can happen in India
The mistrust between the authorities and service providers can end if the contentious issues are addressed as a package deal.
Rupee weakens ignoring govt's FDI steps
The rupee has gained only 0.9 percent since the close of trade on Monday after which the central bank resorted to indirect monetary tightening, but the bonds and rate markets have been roiled.
Markets end higher amid volatility, FMCG leads
Markets ended higher, amid a volatile trading session, on the back of strong buying interest in FMCG majors Hindustan Unilever and ITC.
Note-worthy: Whose face is on which currency?
How well do you know the popular banknotes from around the globe and the personalities featured on them?
Jet-Etihad deal may skid on valuation runway
Abu Dhabi-based carrier seeks a cut in premium it had agreed to pay on Jet's stock price
Tatas in expansion mode in Bengal
The group's major investments in Bengal are from Tata Metaliks, Tata Consultancy Services, Indian Hotels and Tata Hitachi.
How to destroy a well-run company? Learn from ONGC
Govt, after milking ONGC for all these years, wants it to bear part of the fertilizer and power subsidy that will arise out of gas price hike
Datsun GO: Striking, affordable and engaging drive
Datsun Go will be the five door hatchback and is called 'K2' inside Nissan's facility.
July 16, 2013
BSE: Top gainers and losers
The 30-share Sensex ended down 183 points at 19,851 and the 50-share Nifty closed 76 points lower at 5,955.
India makes risky bet with rupee defence
The measures unveiled Monday night in a rare display of tactical force by a conservative central bank would make it harder to speculate in the rupee and are intended to attract foreign inflows needed to fund a record current account deficit.
IMAGES: A $3.4bn building that's been a curse for buyers
The General Motors Building in New York is marked by buyers' curses.
Christie's plans FIRST auction in India
Global auctioneer Christie's is set to hold its first auction in Mumbai this December, a move, the London-based auction house indicates is a reflection of the growing participation of Indian collectors in the world art markteplace.
How Nissan plans to take on Tata Nano
Nissan's executive vice-president and CEO Carlos Ghosn's key man for his new strategy in emerging markets, Andy Palmer, tells Business Standard how the Tata Nano's experience made his company steer away from the $2,500 car.
RBI notification to affect ED's Walmart probe
$100-million Walmart investment of 2010 into Cedar, a group company of Bharti, is being investigated by ED.
Why Apple has much to gain in fighting e-books case
US tech giant has strategic reasons not to settle and to continue fighting the case.
PHOTOS: Tamil Nadu town that's driving India's garment sector
Town in west-central Tamil Nadu, 50km from Coimbatore, has reported a 10 per cent growth in order flow in the past two months.
RBI steps not to impact interest rate: Chidambaram
He hoped parliament would approve the real estate regulator and land acquisition bills in its monsoon session
IMAGES: How stocks were traded in the '90s
BSE, the first ever stock exchange in Asia, has had an interesting rise to prominence over the past 137 years.
Verdict: Volvo V40 defines what a crossover should be
It perfectly blends the personality of a brawny sports utility vehicle with elegance of a sedan.
Rupee closes with a gain of 58 paise
The rupee had lost 33 paise, the most in a week, to close at 59.89 against the dollar on Monday on fresh demand from banks and importers amid disappointing industrial production,
Markets slump as rupee measures may hurt growth
Markets snapped three-day winning streak to end lower on Tuesday after the central bank's move to reduce rupee liquidity and an increase in short-term rates dashed hopes of rate cut in the near term.
Can Murthy's magic make Infosys a star once again?
While having Murthy around will certainly help bolster employee morale, Infosys will have to go in for more process innovation and automation.
With PC sales in a free fall, where can Microsoft go?
If Microsoft can't clearly define its destination, a confused organisational structure isn't going to help it get there.
What to do when you inherit a tax mess
Tax problems that may occur after death run the gamut.
Why markets may give limited returns this year
Despite all the negative news, markets may not see a major correction or appreciation from the current levels.
Amar Bose: A life in pursuit of excellence
Amar Bose never grew old. He simply oozed positive energy. He visibly cringed if anybody called him an icon but used to jump up to the blackboard with a chalk and wave his hand all over if you discussed physics, recalls Shivanand Kanavi
We will never leave West Bengal: Cyrus Mistry
Mistry was in the state on his first visit as the head of the conglomerate
RBI announces fresh steps to tackle rupee volatility
RBI raised lending rates to commercial banks 2 per cent to 10.25 per cent making loans costlier.
July 15, 2013
Small is big for Japanese automakers eyeing India
Rising fuel costs and a fast growing middle class makes India a potential market for microcars.
Cherry picking: Why it is a good time to invest in IT stocks
The 20-stock index is up about 20 per cent in the past year - it has done much better than the Nifty's 12.5 per cent.
We encourage consumers to revalue junk, says Big Bazaar's CEO
Footfalls have increased anywhere between 10-40 per cent, says Sadashiv Nayak.
Nissan unveils Datsun 'Go', to be priced below Rs 4 lakh
The car will be available from early next year.
IMAGES: Advertising in social-media age: A whole new ball game
Advertisers are changing methods to grab consumers' attention.
Onion price zooms 114%, pushes food inflation to 9.74%
Inflation rose to 4.86 per cent in June, driven mainly by rising prices of food articles,
Rupee fall: How NRIs can get richer
NRIs can lock into NRE/NRO fixed deposits, buy real estate and invest in long-term equity investments.
Myths and reality of the Food Security Bill
All those who have been dismayed by the food security ordinance should thank Manmohan Singh and his colleagues for a neat optical trick, says T N Ninan.
How to tackle high home loan rate
Discrimination between old and new customers have come down after base rate.
Fiat puts faith in retro-style 500 model
It's the world's only car to offer an optional on-board espresso machine.
Rupee falls 33 paise amid fresh dollar demand
The rupee turned negative against the pound sterling to end at 90.13 from the previous close of 89.93 and also dropped against the euro to 77.98 from 77.61.
Market surges on growth recovery optimism
The broader markets ended higher with mid-caps and small-caps gaining 1 per cent on the BSE.
Narayana Murthy tightens grip over Infosys
N R Narayana Murthy, who returned to Infosys last month, has now taken over the driver's seat at the Bangalore-based company.
20 most profitable companies in the world
Let's take a look at 20 most profitable companies in the world.
July 14, 2013
Kolkata: Most expensive city for travellers
A survey says Kolkata is the most expensive metropolis for night out for two.
SPECIAL: What it takes to float an offshore company
A resident individual is not among entities eligible to incorporate a foreign company, but resourceful people find a way around
Farewell to telegram: Some were there to be part of history
A first before the last for many telegram senders
July 13, 2013
India needs to do more to attract large FDI: US leaders
There is more concern among US businesses now about investing in India than was a few years ago
Murthy's presence makes a huge difference: S D Shibulal
Shibulal talks about the company's new focus areas under the chairmanship of N R Narayana Murthy, and their rationale.
July 12, 2013
Factory output CONTRACTS by 1.6%
The Industrial of Index Production was 1.9 per cent in April and 2.5 per cent in May last year, as per the data released by Central Statistical Organisation.
Indian automobile industry and auto sales
According to the data released by the Society of Indian Automobile Manufacturers (SIAM), motorcycle sales in last month declined by 9.16 per cent to 7,99,139 units from 8,79,721 units in the same month previous year.
BSE: Top gainers and losers
Markets ended on a positive note with 50-share Nifty surging above the key resistance level of 6,000 this Friday after Infosys, the company with fifth-highest weightage on the Sensex defied analysts' estimates and posted steady dollar revenue growth for fiscal 2014.
Investors didn't complain when India grew over 8%: Montek
Govt is looking at problem solving than structural reforms to address economic issues.
Gold, silver fall on sluggish demand, weak global cues
On the domestic front, gold of 99.9 and 99.5 per cent purity declined by Rs 25 each to Rs 27,300 and Rs 27,100 per 10 grams, respectively.
Nokia launches Lumia 1020 with 41-megapixel camera
Reviewers go gaga over the smartphone technology.
Trade deficit narrows from seven-month high in June
Indians' hunger for gold has made it the second biggest item, after crude oil, in the country's import basket.
Ford recalls diesel variant of EcoSport
There's issue related to the Glow Plug Module.
Govt draws another LoC for higher FDI
FIPB clears Telenor proposal to raise stake in Indian unit with the clause that officials who have worked in Pakistan will not be allowed in India.
Plastic money gains acceptance in rural India
HDFC Bank offers credit cards in areas with population of less than 10,000.
Setback for India's auto sector: Car sales down 9%
Domestic passenger car sales declined by 9 per cent to 1,39,632 units in June this year
Food security bill: More savings for the poor
To translate into more spending on education, health, and nutritious food.
Tech giants set to battle over game consoles and other gadgets
End of the smartphone battle may be coming into sight, but the operating system war is heating up.
Govt plans to 'promote' GM food rather than regulate it
The serious glitches in the Biotechnology Regulatory Authority of India Bill.
Verito Vibe: A frugal hatch for practical buyers
The car has a terrific ride quality, generous cabin space and a fuel efficient diesel engine.
12 banks that have largest capital in the world
Let's take a look at 12 biggest banks in the world, according to recent figures released by The Banker.
Infosys stock soars 15% riding on Q1 results
Spurt in Infosys scrip was significant in sending the BSE benchmark Sensex higher by 119.15 points to 19,795.21 at 0925 hours.
COLUMN: Why have some students rejected IIT?
The inference that the IIT brand name has been devalued is unfair; this could as well reflect a wider market for student choices
Tech Mahindra readies for big leap
The company has put in place a new team to scout for opportunities in new verticals and geographies in order to double revenue in two years.
There's a great chance for India, US to work together: FM
The Finance Minister said as a result of India's economic reforms, a number of Indian companies have grown in size and stature and at times tend to compete with the US companies.
Murthy magic: Analysts upbeat on Infosys
The results are better than analysts' expectations.
Rupee rises to 2-week high of 59.56 vs dollar
The rupee touched a record low of 61.21 on July 8.
Is Basab Pradhan a victim of Infosys' revival plan?
It is perhaps rare for a senior corporate executive to announce his resignation on Twitter.
Markets cheer Infosys Q1 result, narrowing trade deficit
The broader markets ended mixed with mid-caps inching up by 0.02 per cent while small-caps shed 0.2 per cent on the BSE.
Have trust in India: Anand Sharma tells corporate America
Sharma said both US President Barack Obama and Indian Prime Minister Manmohan Singh are firmly committed to take this relationship to greater heights.
Wage increase to hit Infosys' margins: CFO
The company, however, maintains its forecast for 6-10 per cent revenue growth for the current financial year.
July 11, 2013
Why India put the Preferential Market Access policy on hold
Unrelenting US pressure at the highest levels had led to New Delhi's capitulation.
BSE: Top gainers and losers
The Sensex and the Nifty touched an intraday high of 19,724 mark and 5,949 levels, respectively. Foreign Institutional Investors also turned buyers during the previous two sessions, exchange data showed.
Mercedes launches B Class diesel at Rs 22.6 lakh
The car has been a run-away success globally within the first few months of its launch.
Why RBI will be forced to hold rates on July 30
The rupee has depreciated by over 12 per cent since the beginning of the fiscal.
Gold zooms to 3-week high; up Rs 610 on strong global cues
The precious metal spurted to regain Rs 27,000 level after June 24 as it rose in global markets following Federal Reserve Chairman Ben S Bernanke backed sustained stimulus for the for some time.
When will rupee bounce back? Even RBI has no answer
The rupee has declined by about 9 per cent in the past three months and had touched an all time low of 61.21 to a dollar earlier this week.
Big-ticket property deals hit in Mumbai
Air India's plans to lease its headquarters in Nariman Point has been hit.
Why D-Mart is profitable when retail giants are not
The big question, however, is if it can sustain its business model as it grows and expands.
Ajit Singh open to any inquiry on Jet-Etihad deal
Rubbishing the allegation that his ministry went out of its way to facilitate the Jet-Etihad deal, Civil Aviation Minister Ajit Singh said he was open to "any inquiry" into the decision to increase air traffic rights to Abu Dhabi.
Foreign trips cannot bring investment: Yashwant Sinha
The government should shun populist measures and take tough decisions to rein in the fiscal deficit, says Yashwant Sinha.
COLUMN: Why measures to arrest rupee fall are not enough
Recent measures by the Reserve Bank of India and the Securities and Exchange Board of India are being seen by observers as an attempt to reverse the inexorable decline of the rupee.
How Tata Motors is rebuilding its car business
The company has refurbished as many as eight models, but it desperately needs to up the ante in the compact SUV and compact sedan segments.
Chidambaram now woos America Inc to revive Indian economy
Finance Minister P Chidambaram, back in the United States for the second time in less than three months, kicked off a series of meetings with American corporate heavyweights, making a pitch for American investment in India, even as the rupee continued to plummet.
Choppy trade: Rupee weakens marginally to 59.67
The rupee snapped a two-day up-move even as local stocks surged on US Federal Reserve Chairman Ben Bernanke's comments.
Markets surge on Fed stance, rupee gains
BSE Metal index zoomed by almost 3% followed by Realty, Banks, Oil & Gas, Capital Goods,, FMCG & IT, all gaining by 2%.
July 10, 2013
Jewellers to stop selling gold bars, coins
Wants to help govt fight the widening current account deficit.
First Apple computer fetches $387,000 at auction
The first original Apple computer hand-built and signed by the company co-founder Steve Wozniak has sold for more than $387,000 in an online auction.
Renewed US demand to lift Infosys, IT sector outlook
Spend on IT in US is expected to increase by 6.1 per cent in 2014.
BSE: Top gainers and losers
The 30-share Sensex ended down 145 points at 19,294 and the 50-share Nifty ended down 42 points at 5,817.
Gold, silver fall on subdued demand, weak global cues
The yellow metal fell by Rs 115 to Rs 26,715 and silver lost Rs 400 to Rs 40,350 per kg.
Lessons for stock market investors
Experts say retail investor does not need to look at the indices on a daily or even monthly basis and should invest regularly.
How Jaguar Land Rover plans to take on Audi, BMW
The company has expanded its line-up to nine models with several variants, making it the most aggressive luxury auto player in the country.
India's biggest companies, Indian Oil Corp tops
Like the rest of the world, it's the oil companies that are dominating the Fortune 500 entries from India in 2013.
SPECIAL: Why is a free market for gold risky and volatile?
Ten years ago, gold was selling at well below its long-term inflation-adjusted average, and the integration of three billion emerging market citizens into the global economy could only mean a giant long-term boost to demand.
SC asks Tata Motors to clarify its stand over Singur land
The apex court feels that the Tatas cannot say that they still have interest inland acquisition, as they have moved its car plant out of West Bangal.
Why US recovery is good news for the rupee
It will have a positive impact on India's trade deficit and GDP growth.
Why Indian markets have a bullish outlook
The Indian market is a bull market and the current weakening is merely a correction, says Apoorva Shah, executive vice president & fund manager (equity), DSP BlackRock Mutual Fund.
India looks to US in struggle to boost FDI, revive rupee
Long term foreign investment necessary for the economy as it more stable.
COLUMN: Justice and the Indian-American way
Is focusing on Rajat Gupta and Raj Rajaratnam the best way to chronicle the South Asian-American Diaspora's rise?
Rupee gains on RBI moves; more measures expected
The central bank has asked state-run oil companies to buy dollars from a single bank, said a source privy to the advice from the RBI, as the government struggles to stem the declining rupee.
Markets end lower on profit taking ahead of Q1 earnings
Markets ended lower on Wednesday, amid weak European cues, as investors turned cautious and booked profits ahead of the release of Fed minutes later today and Infosys' first quarter earnings on Friday.
India's most admired companies, TCS is No.1
Software giant TCS has replaced its group firm Tata Steel as the country's most admired
Is the Food Security Bill a game-changer?
Food insecurity and hunger are rooted in bad policies, faulty design, poor governance and a lack of political will.
Hot money exodus sends currency wars into reverse
Across most of the developing world, outflows have gathered pace.
Smartphone segment sees a whopping 167% growth in India
Indian smartphone mobile segment is finally catching up with global peers.
IMF downgrades India's growth projections
Revising its economic outlook, International Monetary Fund (IMF) today marginally
July 09, 2013
BSE: Top gainers and losers
The 30-share Sensex closed up 115 points at 19,439 and the Nifty gained 47 points to close at 5,859 for the day.
Gold snaps three-day losing streak; up Rs 280
The yellow metal witnessed buying from investors and stockist levels amid a firm global trend.
All you need to know about India's new gas price formula
When the current benchmark deal with Reliance expires on March 31, 2013, India will implement new gas pricing. Here's how it works.
Skoda's new Rapid Leisure @ Rs 7.79 lakh
While the petrol variant of Rapid Leisure would be available at Rs 7.79 lakh, the diesel variant would cost 9.06 lakh (ex showroom Delhi).
Is Narendra Modi an economic reformer?
His vague good governance rhetoric, micro-managerial style, and realities of politics don't bode well for becoming an economic reformer.
Tough times for emerging markets
India is hugely vulnerable to a sudden stop in emerging market liquidity.
SPECIAL: Why did the Air India Maharajah get dethroned?
Unviable, politically-driven routes, strikes, high staff salaries despite low productivity, all led to the airline multiplying its losses.
SAT blow prompts Gillette promoters to mend fences
The frosty relationship between Gillette India's owners - Procter & Gamble (P&G) and Saroj Kumar Poddar - might be thawing.
Managing the rupee's fall without making mistakes
No room for mistakes while responding to the currency's slide.
3 YES Bank directors not fit and proper: Madhu Kapur family
Court defers hearing to July 15 as bank opposes amendments.
Currency slide gives FIIs the jitters
Foreign investors, who hold 40% of free float, have lost 10% on rupee fall this year so far.
What makes Pune a realty hotspot
Baner, tagged as Pune's "queen of the suburbs", is located on the northwest side and has emerged as a high-growth location in terms of real estate development.
Rupee rebounds as regulators move to curb speculative trades
Forex dealers said besides heavy selling of the American currency by banks and exporters, a higher opening in the domestic stock market, supported the rupee.
Markets gain on Rupee measures by regulators
Sun Pharma, L&T, HDFC Bank and Infosys among the top gainers.
Ride an AC tram, get a taste of old Kolkata!
Recently, West Bengal Tourism Department along with CTC launched air-conditioned trams to help Kolkatans get a taste of the city's heritage while seated comfortably in plush interiors.
Bank licence: What it means for the listed parent
The difference between low-value PSUs and high-value private banks may grow
Move over jugaad, here comes Evomo
The Ahmedabad-based start-up has developed a rural utility vehicle which can make travel safe and comfortable.
Gold import headache to resume after June plunge
Gold is second only to crude oil in India's import bill
Jewellers turn to diamonds, NRIs to beat policy woes
The moves could help create alternative demand sources for the battered yellow metal in the medium term and help somewhat cushion price declines.
Cyber criminals face longer prison terms, tougher penalties
Microsoft recently broke up one of the world's largest cyber crime botnets.
Net closes on tech giants use of loopholes to avoid taxes
There is no suggestion that any of the companies have broken law.
Jaguar F TYPE: A car that packs thrill, performance and speed
Jaguar F TYPE feels fast even while still.
Is 3G a missed call for telecom operators?
3G service providers are still struggling to get subscribers, primarily because of unattractive tariffs, low network coverage.
The Mehta who surprised Mallya
The low-profile chief of Deepak Fertilisers on Wednesday bought 24.46% shareholding in MCF.
July 08, 2013
Why is India's garment industry stuck in a stagnant loom?
India's garment exports are less than a tenth of China's.
JLR launches Jaguar F TYPE priced up to Rs 1.61 crore
The price starts at Rs 1.37 crore for the F TYPE S, which has a V6 3-litre petrol engine.
Power shortage plunges business into crisis in south India
Power cuts has caused thousands of businesses to suffer losses and shut down.
How India can tame the falling rupee
The currency is vulnerable because of a record high current account deficit.
Why India lags behind in innovation
Stricter intellectual norms can help India grow faster.
Can India Post survive if it gets a bank license?
The institution lacks the required experience in the financial sector.
Major problems with the Food security Bill
There continues to be several major problems with the food security scheme that deserve to be more thoroughly discussed at the highest level of law making than they have been so far.
How to file income tax returns
Even if your only source of income is salary and the tax has been deducted at source, you need to file returns.
Red tape, graft spoil Wal-Mart's big plans in India
The delay and faltering partnership mean Wal-Mart may miss out on the "first-mover" advantage in a country considered the last great frontier for global retailers.
The PMO's role in Jet-Etihad deal
Manmohan Singh clarifies his office's involvement in the deal that's facing criticism from the opposition and media.
Indian markets hammered in FII sell-off
Markets slumped this Monday as overseas investors sold away shares in the emerging markets and shifted stance to the developed economies like US after robust jobs data.
Decoding the real estate Bill: How it will help buyers
The Bill will improve buyers' confidence and boost demand for residential real estate.
Six ways to stay ahead of inflation
Use a mix of instruments that will beat both the wholesale and consumer price indices
Rupee drops to record low of 61.21, recovers
The rupee dived to a record low of 61.21 against the dollar on Monday after better-than-expected US jobs data raised concerns about the US Fed easing its stimulus programme.
Falling rupee fails to take the shine off diamonds
Relentless fall of the rupee has not dampened demand for rough diamonds in India.
July 07, 2013
A small step that can revolutionise LPG subsidy regime
It could become a giant leap towards lasting reform if the experiment in direct benefit transfers for cooking gas subsidies pans out.
How a Chinese drink plans to capture the global market
Baijiu is the world's most consumed form of liquor thanks to its popularity in China.
July 06, 2013
Why India should take care of the telecom sector
DoT, has decided that it will not cancel the GSM licences of dual-technology companies.
Gas price hike: OilMin rebuts charges of windfall gains to RIL
A week after doubling of natural gas prices was approved, the Oil Ministry on Friday rebutted charges of the move resulting in windfall gains to Reliance Industries, saying new gas production from the company's fields will not start before 2017-18.
Energy price reforms no quick fix for India's blackouts
A third of the 1.2 billion Indian population has no access to electricity.
July 05, 2013
BSE: Top gainers and losers
The 30-share Sensex ended up 85 points at 19,496 after hitting an intra-day high of 19,640 and the 50-share Nifty gained 31 points to close at 5,868 after topping the 5,900 mark in intra-day trades.
Gold snaps five day rally, down by Rs 110
Silver also dropped by Rs 800 to Rs 40,600 per kg on reduced offtake by industrial units and coin makers.
The secretive world of angadias
Bankers and couriers to almost the entire diamond industry, which swear by their superiority to India Post or any other courier service.
SPECIAL: Can Ranbaxy come out of the shadows?
It has hired consultants to advise it on a strategic project and compliance issues in the US. It also needs to improve employee morale.
Uttarakhand disaster: Should govt ban dam construction?
These activities need proper environmental assessment, disaster potential assessment, and climate change assessment before giving the green light.
The rise and fall of Brand Satyam
In its glory days, Satyam was the lifeline of Hyderabad.
Why Tatas need to take Charudatta's suicide more seriously
The management should have acted as soon as they were made aware of the senior employee's depression and abrupt exit for the company.
Rupee falls by 9 paise to 60.22 in volatile trade
The drop was also limited by fresh capital inflows and firm local stocks.
Emerging markets mania was a costly mistake: Goldman exec
Investors who ditched US markets for emerging ones during the financial crisis are set to pay a hefty price.
RBI clamps down on rupee speculation overseas
Foreign arms of many Indian firms under lens, have to seek approval to launch certain products
Gas price: Where did Moily get the $8.4 figure?
Govt approved a formula, not a price; PetroMin says a substantial rise was inevitable.
Markets end higher, US jobs data eyed
Markets gained for the second straight day but ended off their day highs as investors turned cautious and booked profits at higher levels.
New Audi RS5: Faster, sportier, swankier
The car perfectly blends in premium looks with prodigious performance.
Apple vs. Samsung: Tech giants in a battle over patents
Patents permit inventors to benefit from their creations by temporarily blocking competition.
HSBC's $1.9bn money-laundering settlement approved by US judge
HSBC has acknowledged compliance lapses, including a failure to maintain an effective anti-money laundering programme.
70% Nokia mobiles made in Chennai flout radiation norms: DoT
According to a top DoT official, there have been random checks at different factories of different handset makers and respective teams have submitted their reports.
Multi-million dollar pay package to Zynga's new CEO
Don Mattrick helped turn the Xbox business into a profitable venture after years of operating losses.
High-flying luxury: Battle for Asia's jet-set hots up
From limousine pick-ups to on-board chefs, Asia's premium airlines are investing hundreds of millions of dollars on luxury services.
July 04, 2013
Merc rolls out new E-Class @ Rs 43.65 lakh
The new E-Class diesel variant carries an introductory price of Rs 43.65 lakh or Rs 4.36 million (ex-showroom Pune), while the petrol version is priced at Rs 40.73 lakh or Rs 4.07 million.
How the Food Security Bill will drain the economy
The overall fiscal and inflationary consequences of the Food Security Bill for the country are "large" and will become clear from the next fiscal year.
When will Bajaj launch the much-awaited RE60?
Bajaj Auto, the world's largest three-wheeler maker, expects to launch its four-wheeled passenger carrier RE60 by end of the current financial year.
Manu Anand quitting Pepsi stirs up controversies
Speculation is rife that it was the poor response to Pepsi Atom and the heavy spending on IPL that cost him his job.
Gold continues rally; up Rs 30 on global cues
Extending gains for the fifth straight session, gold prices on Thursday rose by Rs 30 to Rs 26,830 per 10 grams in the national capital on increased buying by stockists and investors on the back of rising demand amid a firming global trend.
Douglas Engelbart, inventor of computer mouse, dies at 88
He had laid out a vision of an Internet decades before others brought those ideas to the mass market.
Why investors love Mahindra & Mahindra
Investors have been concerned about M&M's diversification into non-core businesses but the company is taking the right measures to build their confidence.
How the India-Europe bilateral trade pact will help
Time is running out for a possible India-Europe bilateral trade investment agreement that would be beneficial for both parties.
Have mutual funds been a success?
During these two decades, the total assets managed by the industry has grown from two per cent to eight per cent of the gross domestic product (GDP).
New banks: Why RBI must be cautious
New banks will mean the RBI must improve oversight.
Should bosses tweet? The do's and don'ts for executives
Social media may have taken the world by storm, but a group of influential people has remained aloof.
Don't depend on health cover by your employer
Take a top-up or a standalone health cover; it will help you switch jobs and give larger coverage.
Chanda Kochhar on her success story
Chanda Kochhar, became ICICI's first female CEO in May of 2009 - right in the thick of the global financial crisis - not an easy time to be the boss of a bank.
Rupee edges up, but RBI comments dent sentiment
RBI chief Duvvuri Subbarao's comments on the exchange rate, which would be read as innocuous in other circumstances, led to a sharp sell-off in the rupee, which the market took as a signal that any significant intervention was unlikely despite the currency hovering near record lows.
Race for Mallya's company hots up
Pune firm buys 24.46% stake from open market to become largest shareholder.
Bank hopefuls stare down road fraught with cost, risks
Stiff requirements on branch placement and liquidity make for an arduous path to profitability and scale.
Markets surge on global growth recovery optimism
The broader markets ended higher with mid-caps and small-caps gaining 0.3-0.6 per cent on the BSE.
Verdict! New Nissan Micra is apt for city driving only
The diesel version scores over petrol in ride quality.
India's aspiring banking moguls fail to impress
The scarcity value of the licences has attracted a motley crew of hopefuls, ranging from India's humble postal department to billionaires.
India slips two positions on global innovation index
India drops two places from its last year's position on the Global Innovation Index 2013.
No preferences, no govt say in issue of bank licences: FM
RBI said that 26 entities have applied for banking licence including Tata Sons, Aditya Birla Nuvo and Department of Posts.
July 03, 2013
Nissan launches two Micra Active, Micra Sporty
Active starts at Rs 350,000 and the other at Rs 479,000.
What ails India's airlines? 'Bizarre' govt rules
Indicating its intentions to fly abroad very soon, proposed airline AirAsia India on Wednesday trashed the "bizarre" policy of allowing carriers to operate international flights only after five years of domestic operations.
Gold rallies for 4th day, up Rs 100 on sustained buying
Traders said sustained buying by stockists and investors shifting their funds from melting stocks to bullion mainly kept gold prices firm for the fourth-day.
Stunning Audi RS 5 Coupe in India
German luxury carmaker Audi, which launched RS 5 Coupe on Tuesday, said it will soon increase prices of its models by up to 3 per cent to protect its margins in view of steep fall in the rupee.
Toyota to recall 185,000 cars globally, including Yaris
Models of the Yaris, known in Japan as the Vitz, that were made between November 2010 and March 2012, have been recalled.
State-run banks aim to open over 8,000 branches: FM
India plans to directly transfer cash benefits to bank accounts of people under various social welfare scheme over the next few years and is expanding the banking network.
How India can improve its highway network
If India had a road regulator in the late nineties, the capacity-building model based on public-private partnerships would not have been in tatters.
How FM, RBI handled the economic crisis
The response by the finance ministry and the RBI to the churning in financial markets is mature.
Banking foray: Tatas, Birlas, Bajajs banking on brand names
Using brand names of parent companies will help these firms connect with new customers.
20% of India's rich plan to give their money away
One out of five high net-worth individuals plan to give away their entire wealth.
Rupee extends losses for 3rd day, ends below 60
The government is expected to soon unveil measures such as opening up more sectors for foreign investment in a bid to attract flows.
Markets end in red again, bank shares weigh
Markets extended losses to end 1.5% down on Wednesday, amid weak global cues, with bank shares leading the fall.
Govt not divided on India-Abu Dhabi traffic rights: PMO
The Prime Minister's Office (PMO) on Tuesday claimed there was no disagreement within the government, or between ministers and the prime minister, over enhancement of bilateral air traffic rights to Abu Dhabi.
World's major banks find themselves in new TROUBLE
European Commission charges follow a two-year investigation.
Yellow fever: India's gold demand over the past 10 years
Despite the rising prices, the gold demand has grown steadily in the last decade except for the last two years.
COLUMN: Don't bet on the rupee's story to end soon
Rupee's misunderstood fall is far from over despite some near-term respite.
GM India hopes to solve engine issues in Sail, Tavera soon
The company had to stop production of Chevrolet Sail, Chevrolet Sail U-VA and Tavera.
What is Vijay Mallya and Rahul Dravid's Kolkata connection?
Both simply love to wear Kolkata-based designer Sharbari Datta's classic collection of 'dhoti' and 'kurta'.
'India does not have good story tellers'
Interview with Toonz Animation India CEO P. Jayakumar.
Maruti launches limited edition Swift RS
It is Rs 24,500 costlier than the existing model.
July 02, 2013
Jet-Etihad stake sale under examination: PMO
Amid controversy over the Jet Airways-Etihad deal, the Prime Minister's Office on Tuesday said the stake sale matter was still under examination and the issues raised have been referred to various concerned ministries.
BSE: Top gainers and losers
The 30-share Sensex ended down 114 points at 19,464 and the 50-share Nifty closed 41 points lower at 5,858.
RBI cracks down on forex speculative trading
Reserve Bank has discreetly phoned trading desks with unusually explicit messages to cut their speculative positions in the currency.
Lenovo bets big on smartphones in India
The Chinese PC manufacturer looks to ride its India success and tap the promising mobile devices market.
Amul: A unforgettable 50-year old ad campaign
Amul butter, the brand, was in the market since 1956 as "Purely the Best".
Tata, AirAsia chief meet Aviation Minister
Over four months ago the Foreign Investment Promotion Board cleared a proposal for the setting up of a new airline, AirAsia India, by Malaysian carrier AirAsia which has joined hands with the Tata Group and Arun Bhatia of Telestra TradePlace in a 49:30:21 joint venture partnership.
COLUMN: Why malnutrition, not hunger, is the problem in India
UN report shows holes in govt's food security proposal.
The entrepreneur who didn't miss the bus
From a village boy to CEO of India's largest bus ticketing service, Sama learnt about business on the job.
For 2nd consecutive day rupee closes in the red
At the Interbank Foreign Exchange market, the domestic unit commenced slightly better at 59.50 a dollar from previous close of 59.52.
RIL, Infy drag markets down 114 points
Benchmark share indices snapped three-day winning streak, amid a volatile trading session, weighed down by oil and gas share after recent gains.
Save smart and retire rich: Here are a few tips!
On an average approximately 4 to 5 million new professionals below 25 years of age join the workforce in India every year.
How to manage education loan repayment
When you have a new job, it is tempting to splurge. But always remember your loan repayment comes first.
How many days it takes to earn what a CEO gets in an hour?
It took around 10 days for the average Italian worker to make the $957 that his firm's chief executive made in an hour in 2012.
What keeps China from playing fair?
This corporate pragmatism makes sense individually, but may undermine efforts to make China one day 'do the right thing'.
China's corporate spying: A three-cornered problem
As the economy slows, Chinese companies are under lots of pressure.
Mitsubishi India discontinues Lancer EVO X, Cedia Sports
The company plans to focus on SUVs such as Pajero Sport and the Montero that have better profit margins.
World central bank policymakers change gears
Federal Reserve's move has thrown financial markets into a spin.
July 01, 2013
BSE: Top gainers and losers
Markets have ended a positive session of trade near the day's high -- on the back of buying interest in heavyweights. Global shares also boosted investor sentiments. The Sensex, after touching a high of 19,598, ended with a 1% or 182 points jump at 19,577. Nifty ended up 57 points at 5,899.
NEVER dip into retirement funds for other needs
The funds earmarked for other goals of lower priority, like holidays, holiday home, vacation abroad and so on should be used - not the retirement corpus.
Samsung to launch 9 products in India, soon
This is in line with its aim to consolidate its presence and increase its revenue base by over 30% in India.
How to make the most of your money!
Some important savings and investment tips.
India's auto sector paints a bleak picture
Maruti, M&M report weak sales, Hyundai up marginally.
India needs to diversify away from low-cost programming
India must diversify its services trade away from low-cost programming if it is to remain an IT-enabled hub.
India set to see boom in retirement home business
Concept of housing for the elderly still carries a social stigma in the country.
Review: What's good about Samsung Galaxy Grand Quattro
Making calls on the phone was hassle-free and we had no issues with low audio or dropped calls, despite the phone picking up just a bar of signal in areas with weak reception.
Can brands come to the rescue of the people?
Newspapers have carried stories of the Uttarakhand catastrophe.
SmartSense: An innovation to solve power crisis
Ahmedabad-based firm's 'intelligent energy monitoring unit' enables firms to keep a tab on power consumption.
For a good deal, go house hunting in the rain
Developers often quote high prices but they would be more than willing to give discounts.
They are good enough to die for us but...
Banking system has placed our soldiers in the lowest hierarchy of the new 'caste' system that has been created.
AirAsia's aggressive plan for domestic business in India
It will focus on the under-utilised airports instead of offering services in main hubs such as Mumbai and Delhi.
Planning to study abroad? Tackle the rupee fall first
Students going abroad could look at options like paying tuition fee in one go, as that can get discounts.
Will Sony succeed with the Xperia Z tablet?
The svelte Xperia Z tablet packs some punch, but is it worth the price tag it carries?
Rupee closes in the red, 1st time in 3 days
The rupee had rose by a staggering 80 paise, its biggest single-day gain in last nine months, to close at 59.39 amid signs of strong fund inflows on Friday.
Markets end at day's high, heavyweights rally
Weakness seen in software shares, auto stocks gain on good sales growth.
COLUMN: Govt courts controversy by increasing gas prices
India's reforms are business-friendly rather than market-friendly, says T N Ninan.
Now, you can't use credit card to buy gold jewellery on EMIs
Banks asked not to convert purchases into instalments; Cards not to be accepted for sale of gold coins.
Verdict: Honda Amaze is the best entry-level sedan
The car has a good balance of ride and handling, excellent packaging, good performance and is priced competitively.
June 30, 2013
Enter India's amazing world of frugal innovation
There is a growing trend of frugal innovation in India.
June 29, 2013
How BSE, NSE performed in June
The markets were extremely volatile during the month.
Which are the most reliable cars in India?
Overall long-term dependability of vehicles in India declined for the second consecutive year, with owners reporting 24 per cent increase in problems in 2013.
Gold prices take a DIVE, but where are the BUYERS?
It's likely that prices may have much further to fall as investors rush to liquidate.
June 28, 2013
Gold hits 23-month low
All round selling by stockists on free-fall in overseas markets and investors shifting their funds to surging equities mainly pulled down the gold prices to a level last seen on August 9,2011.
PM has lofty dreams about India's infrastructure
Prime Minister Manmohan Singh today set an
BSE: Top gainers and losers
The 30-share Sensex ended at 19,396 up 520 points or 2.75% and the 50-share Nifty ended at 5,842 up by 160 points or 2.81%.
Gold hits 23-month low @ Rs 25,650!
Silver also dropped by Rs 1,490 to trade below Rs 40,000 at Rs 39,010 per kg on poor offtake by jewellers and coins makers.
'Rajat Gupta's conviction not the end of Indian story in US'
Every accomplished major immigration group in America has had its heroes and fallen heroes.
US move to cut trade privileges is shocking: Bangladesh
Bangladesh on Friday termed as "harsh" and "shocking" a decision by the US to scrap its trade privileges for poor working conditions in factories, saying it has taken concrete measures to improve workers' safety and rights.
When risk is mispriced
Don't assume governments will set accurate benchmark interest rates for risk-free assets.
Rupee to see worst quarter in 10 years
Most Asian currencies are on a slide on worries about the withdrawal of US stimulus.
'FDI will not help when your economy is in trouble'
Foreign investors have their own calculations and they don't go anywhere to do charity, says Dr K. J. Joseph, Professor at the Centre for Development Studies (CDS) in Thiruvananthapuram.
Price comparison: EcoSport vs. Duster, Amaze, Swift
Ford's aggressive pricing makes the compact SUV a better option over popular hatchbacks.
Jewellers demand tapping gold in domestic market through bonds
The retailers are also mulling putting a stop to selling of gold coins and gold bars to curtail investments made in gold, according to an official of trade body All India Gems
Accenture CUTS full-year outlook as consulting SLOWS
Its consulting business clients are pulling back IT spending.
What is the correct value of the rupee?
Most importers and exporters are comfortable if the rupee 56-57 against dollar.
Rupee gains most in 9 months; reform move helps sentiment
Crude oil prices rose in Asian trade on Friday after a brief dip as dealers digested upbeat US economic data and comments from a Federal Reserve official that its stimulus programme will not end soon, analysts said.
India sees deficit falling, debt rising
There is vulnerability on both current and capital accounts.
Sensex surges for 2nd straight day; up 520 points!
BSE Metal index zoomed by nearly 5% followed by counters like PSU, Capital Goods, Oil & Gas, Auto, IT, Power, Realty and Banks, all gaining by 1-4% each.
COLUMN: Difference between super-rich and rest of the world
A recent incident has underscored one more way in which the lives of the super-rich are diverging from the lives of everyone else.
Flush with orders, aerospace industry retools for future
More than 35,000 jets worth $4.8 trillion will be sold in the next 20 years, according to Boeing's forecast.
Microsoft overhauls Windows 8 to attract users, apps
Updated Windows is aimed chiefly at soothing traditional computer users.
RBI further tightens gold import rules
The central bank said the restrictions would also apply to imports of gold which do not have a fixed price.
June 27, 2013
Slowing growth is 'most worrisome' factor: RBI
Slowdown in growth is the most worrisome factor and volatile capital flows have made the country vulnerable to "stops and reversals", RBI Governor D Subbarao said.
Sony launches SmartWatch 2 for Android phones
Allows users to access emails, notifications, maps and music control on the 1.6-inch watch screen.
India's discriminating policy in aviation deals
The aviation ministry's seat-sharing deal with Abu Dhabi reflects a puzzling and selective generosity.
How Mahindra & Mahindra turned around SsangYong
Sales have started picking up and the company has cut down losses. It's now looking to expand in other markets.
Regulatory delays can hit Idea Cellular's growth
Even if the company's merger issue was sorted out, it would have a lot of ground to cover in order to attract subscribers.
How Asia is DRIVING the digital future
Thanks to technology, completely new lifestyle opportunities are opening up where old ground realities are not relevant any more.
Good news for overseas investors in India
Sebi reforms to foreign investment were overdue, these changes are likely to have positive effects in the long run.
How inflation eats away all your savings
Tips to maintain your present lifestyle post retirement.
ECBs: From easy money to double whammy
Rupee depreciation and a slowdown in capital inflows make it harder for business to service liability, while keeping pressure on the currency.
Why employees can't switch off mobile phones during holidays
Mobile devices let people stay connected with work 24/7, which is both revolutionary and a curse, says a survey.
Can Ford's EcoSport TAKE ON Renault's Duster?
The compact SUV's exteriors and fuel efficiency could make it a tough challenger, provided Ford plays its price card well.
Tesla's unique and ambitious plan to sell cars
Electric carmaker is under attack from dealers.
Spending by ultra-rich signals market headed for slump
Theory goes that people make bad decisions at moments of extreme fear or optimism.
Markets end higher on lower CAD, rupee gains
BSE Oil & Gas, Healthcare and IT indices surged 2.5-3% each followed by counters like Realty, Banks and PSU, all gaining between 1-2%.
Rupee rebounds to 60.19 on lower current account gap
Fresh dollar selling by exporters on hopes of fall in the USD after downward revision to that country's first quarter GDP growth also helped rupee recover as hopes surfaced that the Fed may delay the plan to taper of monetary stimulus.
Malicious mobile apps SOAR by 600% globally
The growth in smartphones and devices has fuelled surge in malicious applications, which grew globally by over 600 per cent to 2.76 lakh in the one year.
India slips, US at top spot on FDI confidence index
Foreign Direct Investment Confidence Index is a regular survey of global executives conducted by AT Kearney, a global management consulting firm.
Govt may blacklist tax havens not sharing info
Move may make it difficult for Indians to do business with these countries
June 26, 2013
Ford Ecosport finally rolls out in India
EcoSport will be offered in four variants in petrol and diesel, mated with automatic transmission for effortless driving.
Tata Capital launches the 'Do Right' initiative
Tata Capital, financial services arm of the Tata group has launched the 'Do Right' initiative, a campaign aimed at inspiring and inculcating the 'right' values in children from a young age.
20 years of private mutual funds in India
Over reliance on debt and distribution bottlenecks are some of the main problems that the industry needs to resolve.
These are the world's top 10 AIRLINES
Emirates has been voted as the world's best airline.
Google not obliged to delete sensitive search information
Internet search giant claims it cannot erase legal content from the Internet even if it is harmful to an individual.
Travel insurance: Handy during natural calamities
In addition to hospitalisation charges, it will cover expenses like transfer to hospital in of an accident.
How Chidambaram fared since his return to finance ministry
Falling rupee, sluggish stock market is set to make his task more challenging.
Why Tech Mahindra has a BRIGHT outlook
While the company will gain from enhanced scale and size following the merger with Mahindra Satyam, its ability to bag large deals will be a key growth driver.
Nissan readies small car for India under Datsun brand
The hatchback model is christened as K2 and will take inspiration from Micra.
I-T dept tightens rules for issuance of PAN card
Verification process to be made robust after detection of frauds
India set to have BIGGEST middle class in the world
Let's take a look at the growth of the middle class in India and around the world.
Satyam dead, but can TechM emerge from its shadow?
Tech Mahindra had acquired Satyam as part of a government sponsored bidding process in April 2009
Indians are really concerned about corporate responsibility
Feelings about corporate responsibility are highest in Brazil, Mexico, Indonesia and India.
COLUMN: Asia's emerging markets should be called 'submerging'
Everything, from stocks to bonds and currencies, has been hammered by indiscriminate selling.
June 25, 2013
Rivals Microsoft and Oracle team up on push into cloud
Both are facing growing pressure from new rivals selling cheaper services.
BRICS seek to limit fallout of strong US dollar
Brazil and other developing nations are growing anxious about the expected withdrawal of stimulus in the United States
Gold down by Rs 20 on sluggish demand; silver flat
The sentiment in gold remained bearish as the metal traded near its lowest level since September, 2010 in global markets.
The Rs 41.51 lakh Mercedes E Class now in India
The company has been focusing on new product launches and network expansion.
Can private labels COMPETE with supermarket brands?
Store brands are giving brand managers of national goods companies some added anxiety these days.
India should take US pharma complaints seriously
The worry is that India's cavalier approach to intellectual property may catch on in other parts of the developing world
How property tax can solve India's infrastructure woes
If trained staff is employed, this revenue stream can be a big source of income for municipalities.
Immigration bill: Obama talks to Indian-American biz leaders
US President Barack Obama met a group of top business executives, including two Indian-Americans, to discuss the landmark comprehensive immigration reform bill that aims to provide citizenship to some 11 million illegal immigrants, including over 240,000 Indians.
COLUMN: Why the rupee needs to fall some more
The calculations on the inflation-adjusted value of the rupee are deceptive
Uttarakhand tragedy: Tourism bears brunt of DISASTER
The tourism sector in Uttarakhand has virtually come to a halt in the wake of the deaths and destruction caused by floods and landslides.
Substandard drugs: SC's clean chit to Ranbaxy
The petitioner failed to bring in evidence against Ranbaxy, said Supreme Court.
IMAGES:India's longest rail tunnel
The Pir Panjal tunnel, which runs below the 2.5 km Jawahar tunnel, connects the Bichelri valley of Banihal in Jammu with Qazikund in Kashmir and is to link J&K to the Indian rail network through the year.
Why international retailers are NOT investing in India
The FDI policy is unviable for them in its current form.
Rupee finally ends with mild gains
Forex dealers said besides dollar selling by exporters, a higher opening in domestic equity market helped the rupee to strengthen.
Markets gain as central banks ease liquidity fears
Benchmark share indices recouped early losses to end higher on Tuesday amid a volatile trading session tracking rebound in China and firm European cues.
Companies that offer the best EMI schemes on smartphones
Though manufacturers advertise it as a 'zero processing fee' offer, credit card companies may still levy charges making the phone expensive by over eight per cent.
COLUMN: Microsoft needs narrower focus and more realism
Microsoft has done well in selling software to enterprises, but it has never really figured out consumers or hardware.
HOT HATCHES: EtiosLiva Sportivo vs. Polo GT TSI
Purely based on performance and drive experience, the better of the two is VW GTI TSI.
June 24, 2013
Tax collection from foreign companies at record high
India in February put an additional tax on companies with an annual taxable income of more than $1.83 million
BSE: Top losers and gainers
The Sensex finally ended down 233 points at 18,541. Nifty ended down 77 points at 5,590.
Indian economy is caught in a VICIOUS cycle
India is in a Chakravyuh, where with every passing day it is getting mired in one crisis after another.
Gold, silver tumble on stockists' selling, global cues
Gold in Singapore, which normally sets the price trend on the domestic front, fell by 1.4 per cent to $1,278.94 an ounce and silver by 2.8 per cent to $19.55 an ounce.
Branded living: Five-star hotels offer posh homes
Five-star hotel chains and real estate developers are collaborating on branded homes that not only offer a premium lifestyle but are sound investment options as well.
Centre suffering from multi-organ failure: Yashwant
Sinha said it was not possible to control inflation unless steps were taken to check fiscal deficit.
IMAGES: Yahoo's Mayer eyes video programming to boost growth
We're working on various methods in terms of how we can increase our video views, and watching, says Mayer.
PHOTOS: India hedges its bets as Asia embraces casinos
Many Indians bet on cricket and other sports at offshore websites.
Mukesh Ambani BETS on 4G broadband, but RISKS abound
Serious technology challenges await Reliance.
SPECIAL: How rupee depreciation will hit consumer companies
Rupee depreciation to cut earnings 3-4 per cent in FY14.
Over 13,000 business units HIT in 3 Uttarakhand districts
The heavy rains that have lashed Uttarakhand over the past weekend, and the floods that followed, have blown the sails out of the hill state's fragile economy.
IMAGES: Rivals take on Maruti's bestsellers
Task of usurping three leading brands is far from easy. However, Amaze has shown it can be attempted.
Rupee sinks to all-time low on huge FII outflows
Forex dealers said besides dollar gaining against other currencies in the global markets, a lower opening in the domestic equity market also, influenced the rupee.
Flashfloods: Infrastructure CRUMBLES in Uttarakhand
In the wake of killer flashfloods and landslides in Uttarakhand, infrastructure in the hill state has taken a big hit.
Markets end at two-month lows, ITC, L&T drag
Realty, consumer durables, capital goods lead losses, Broader markets underperform.
Sell your house, don't go for reverse mortgage
You will have to adjust to a new area and place but it will be financially more prudent.
After floods, religious tourism in danger of drowning
The suspension of the Char Dham Yatra this year and its cancellation the next will be a huge blow to Uttarakhand's unorganised sector
June 22, 2013
Europe unable to break impasse on who pays when banks fail
Europe fails to agree on how to share the cost of bank collapses.
Facebook admits year-long data breach exposed six million users
Facebook blamed the data leaks on a technical glitch in its massive archive of contact information.
Former Enron CEO's sentence cut by 10 years
With the sentence reduction and time off for good behaviour, he could go free in 2017.
June 21, 2013
BSE: Top gainers and losers
Indian equity markets ended a volatile session on a positive note this Friday as investors preferred to buy technology stocks amid optimism that the weak rupee would improve profitability going ahead.
Pak money in Swiss banks higher than India's
In their local currency, the total funds held by individuals and entities from Pakistan in Swiss banks stood at over 15,000 crore (Rs 150 billion) Pakistani rupees as on December 31, 2012.
How UBS helped Indians with offshore firms
While UBS acted as master client for offshore firms, Sharecorp was a nominee of Indian beneficiaries.
Gold dips below Rs 28K, tumbles Rs 620
Traders said persistent selling by stockists in line with a weakening global trend after Federal Reserve Chairman Ben Bernanke signalled that the central bank may start curbing stimulus programme this year, mainly dragged gold and silver prices down.
COLUMN: Rise of the winner-take-all economy
Number of people in the world with more than $1 million to invest soared to a record of 12 million in 2012, a 9.2 per cent increase over 2011.
Atul Singh: Coca-Cola's SUNSHINE man
Many say that Atul SIngh has been plain lucky to show heady growth for the company.
Re's downslide is making me unhappy: Chidambaram
The finance minister was reacting to the steady decline of the Indian currency.
Swiss scramble to get banks off US tax hook
Swiss government is expected to make a last-ditch attempt to protect its banks from criminal charges in the US.
POLL: Rupee may strengthen in a month
Government and Reserve Bank to take steps to arrest the fall of the currency.
As growth loses steam, unemployment up 10% in 2 years
Former chief statistician Pronab Sen says slow pace of growth has led to a rise in joblessness, but it is not huge.
Succession plan: Why India Inc STRUGGLES to find a leader
Too many corporate leaders cherish the crown of indispensability.
Tata Motors plans to target every car segment, says MD
There are many things we can do with the Nano. It is a canvas, says Managing Director Karl Slym.
Indian e-commerce firms ready sail-through plans
While eBay now allows users to customise hompage as per their shopping needs, Snapdeal has partnered with Hero Electric to sell new range of electric bikes.
The UNHOLY nexus between business and politics
The unholy nexus between business and politics has taken a whole new form, says .
How rupee fall adds to India's external sector risk
As the rupee falls to new lows, the author reviews India's external sector risk indicators.
US economy is slowly but surely healing
With the US housing and labour markets on the mend, the healing looks more durable, say RBS's Sanjay Mathur and Louis Kuijs.
How Ambani plans to REVIVE the fortunes of Reliance Industries
A big chunk of RIL's fresh investments worth Rs 150,000 crore will go into refining, petrochemicals and exploration.
Dollar inflows, RBI intervention help rupee recover by 30 paise
The rupee on Thursday hit an all-time low of 59.93 intra-day, before the Reserve Bank stepped in to help the local currency recover some ground.
Will it be second time lucky for Barmer?
Villager are treating the project as a 'golden goose' and are demanding huge compensation for their land.
Markets recoup from 2-month lows; IT gains
Jindal Steel top loser among the Sensex stocks, slips 10% in the intra-day deals.
Microsoft again eyes Chinese market, but piracy still a hurdle
China has been a piracy trap for Microsoft: Many use its products, but few pay.
Household spend: Urban-rural gap narrows
Expenditure on food articles as a proportion of monthly expenditure is decreasing.
Indian money in Swiss banks dips to record LOW
Indians' money in Swiss banks has fallen to a record low level of about Rs 9,000 crore.
Special: What led to the rupee's big CRASH
Rupee has depreciated 8 per cent against the US dollar since beginning May'13.
Chrysler's application for .ram domain meets India's objection
The auto giant has approached the govt and offered to sign an agreement promising to use the domain name with caution
June 20, 2013
INFOGRAPHIC: How the rupee fared against world currencies
The rupee on Thursday plunged by a whopping 130 paise to hit life-time low of 60 against the US dollar in early trade on the Interbank Foreign Exchange on strong demand for the American currency from banks and importers
Rupee: Asia's worst performing currency
India's forex reserves enough to cover imports for just 7 months.
INFOGRAPHIC: Key job indicators
Ministry of Statistics and Programme Implementation recently published key employment indicators.
BSE: Top gainers and losers
The 30-share Sensex ended at 18,719 down 526 points or 2.74% and the 50-share Nifty ended at 5,656 down by 166 points or 2.86%.
Trai turns the game in big telcos' favour
Far from benefitting consumers, the new rules on roaming charges have opened another front in the battle between large and small operators.
Rupee DECLINE casts shadow over PE exits
Apart from bringing the margins down, the rupee fall is likely to hit the sentiments of global PE investors on India.
Rajan rules out more steps to curb gold import
Rajan further said the current account deficit would be better in June than in May.
The last petrol station before Bali
Success of the Ministerial meeting depends on the WTO members putting together the broad contours of a deal by August.
Rupee falls to record low
Rupee falls to record low; bonds, stocks slump.
India sets up elaborate system to tap phone calls, e-mails
The Central Monitoring System was announced in 2011 but there has been no public debate and the government has said little about how it will work or how it will ensure that the system is not abused.
European banks: The elephants in the room
With non-performing loans rising, European banks may be forced to reduce their India exposure, putting more pressure on the rupee.
Gold import curbs to boost GREY market in India
The recent restrictions on gold imports will encourage smuggling and grey markets activities in the country.
How to PROTECT yourself from the rupee's fall
Global feeder funds provide geographical diversification from rupee assets.
Is Moily's 'import lobby' only GAS?
Veerappa Moily's allegation that an import lobby was against an increase in gas prices has found no takers among sectoral experts.
A TOUGH road ahead for the Railway minister
Mallikarjun Kharge on Wednesday took charge as the sixth Minister of Railways in the United Progressive Alliance (UPA) government's second term.
Re falls to nearly 60-level, ends at 59.57
The rupee fell to a record low of 59.9350 to the dollar, breaching past its all-time low of 58.98 on June 11.
Markets record steepest fall in 16 months
The rupee weakened against the dollar in late trades on Thursday tracking weakness in the equity markets.
Air India may CHARGE for meals on domestic flights
Full service carrier (FSC) Air India is now planning to charge for all meals onboard on its domestic flights.
Weak rupee draws NRIs to Indian realty
Delhi-NCR and Mumbai are still the most preferred destinations for NRIs to buy property, say property brokers.
Photos: STUNNING Lamborghini Gallardo LP550-2 in India
Italian super luxury car-maker Automobili Lamborghini has on Thursday rolled out an exclusive limited edition of Gallardo LP550-2 for sports car enthusiasts in the country.
The problems pedestrians face in Indian cities
Pavements are the first casualty of street widening to accommodate cars, says .
World's first flying car up for grabs for $1 million
The world's first flying car, developed in 1949 by an American designer, is up for sale for nearly $1 million.
Rupee fall: Car makers may HIKE prices
Hit hard by rupee depreciation, automobile companies including Toyota and General Motors, are keeping options open to increase prices of their vehicles.
June 19, 2013
BSE: Top gainers and losers
The market breadth was positive. Out of 2,519 stocks traded so far, 1,266 stocks advanced while 1,105 declined on the BSE.
Gold falls on global cues; silver ends steady
Silver ready ruled flat at Rs 44,600 per kg, while weekly-based delivery shed Rs 80 to Rs 43,780 per kg on lack of speculators' buying support.
How LOW COST 'med-tech' will transform India
A smartphone's camera, along with the app developed by the Mumbai-based Biosense, will be able to provide a detailed biochemical report instantaneously.
India recorded 2nd highest growth in HNI population last year
The growth in number of HNWIs in India was attributed to positive trends in equity market capitalisation, gross national income, consumption and real estate.
Will splitting Coal India solve the power crisis?
Splitting Coal India Limited could increase competition and hence make production more efficient, but opinion is building against it.
Renault launches diesel Scala @ Rs 8.29 lakh
The new variant Scala RxE extends the Renault diesel portfolio and offers customers a competitive and well-packaged diesel option, Renault India said in a statement.
Pulling the plug on car brands
Tough times have made car manufacturers think hard about which brands to keep and which to discontinue.
COLUMN: For India, high growth is now a mirage
Policy focus should shift to targeting modestly good growth and using its fruits to improve lives.
India sees 2,152 phishing attacks in April
India, which has about 137 million internet users, accounted for eight per cent of the total phishing attack volume worldwide in April.
Amazon builds a grocery business from the ashes of Webvan
Webvan, which blew more than $800 million in just over three years, is rising from the dead - in the form of an online grocery business called AmazonFresh.
Govt plans to license 'brand Aakash'
Almost on the verge of being buried after a series of faux pas and controversies, the government is now trying to salvage its low-cost tablet project, Aakash, by turning it into a brand name.
CLSA upbeat on Infosys under Murthy
After 2 years of criticism, the brokerage firm approves new direction but says quick turnaround unlikely.
Huawei launches world's slimmest smartphone
The company picked the launch date - 6/18 (June 18) - to tie in with the smartphone's dimensions.
10 cities that saw biggest RISE and FALL of jobs in India
Let's take a look at five cities that saw fastest and five that saw slowest growth in online recruitment.
Home sales: Bangalore tops, Mumbai drops
The demand in Bangalore is mainly driven by affordable prices and healthy offtake.
BLACK MONEY: Classified notings baffle investigators
There is a clever modus operandi to keep the
Gujarat's growth story: Montek vs MODI
After securing an approval for a plan size of Rs 59,000 crore (Rs 590 billion) for this fiscal, Gujarat Chief Minister Narendra Modi on sparred with the Centre over
Govt eyes narrow political window for unpopular gas price hike
Finance Minister P Chidambaram has listed gas pricing as one of the issues he expects to resolve before the end of June.
June 18, 2013
At G8, US pledges to keep pressing for shell company laws
The White House said it would push US states to create registers of the true ownership of American companies.
INFOGRAPHICS: The top 5 gainers and losers
Markets ended lower on Tuesday, snapping a two-day winning streak.
Dubai now home to world's most sustainable building
After constructing the world's tallest tower, Dubai has now earned the distinction of having the "most sustainable" commercial building in the world - The Change Initiative (TCI).
COLUMN: Economic worries and the global elite
Making capitalism work for everyone, and not just the plutocrats, is our most pressing political and economic problem.
All about the Konka's Tuxedo W990 smartphone
If the first impression were the last impression, then this sleekly finished slim dual-SIM smartphone is sure to win you over despite being heavy.
IMAGES: Samsung plans faster Galaxy S4 smartphone
The new phone will transmit data at nearly twice the normal speed.
SECRET offshore companies opened by Indians, Mumbai leads
Of the 498 entities the International Consortium of Investigative Journalists (ICIJ) offshore leaks database throws up for the search 'India', 184 are based in Mumbai.
ROAD building, new hope for India's infrastructure
The IL&FS deal marks a sharp turnaround from last year when investor interest in public works plummeted.
10 industries that saw biggest RISE and FALL of jobs in India
Let's take a look at five industries that saw biggest and five that saw lowest growth in India.
If NRIs back out, Indian banks face big crisis
NRIs will abandon rupee-denominated accounts, causing a deposit crunch and worsening the current account deficit.
Is the Food security Bill a political gimmick?
Political commentators are of the view that to blunt the negative impact of double anti-incumbency, the UPA-II has to be seen as doing something like Indira Gandhi's Garibi Hatao.
Bank RATE-RIGGING was pretty big business
When traders got caught fiddling Libor, their employers blamed a few bad apples.
June 17, 2013
BSE: Top losers and gainers
The Sensex after touching a high of 19,344, ended finally at 19,326 -- up 148 points. Nifty ended up 42 points at 5,850.
AirAsia India appoints Ramadorai as Chairman
AirAsia India on Monday moved closer to getting off the ground by appointing S Ramadorai as its Chairman, ending months-long suspense and having in place the entire top management team.
China develops world's FASTEST supercomputer
China's defence scientists have built the world's fastest supercomputer, capable of performing 33.86 quadrillion operations per second, surpassing the US Titan supercomputer.
Expensive food items putting pressure on inflation: RBI
Given that food inflation remains high, the inflation outlook will be influenced by concerted efforts to break food inflation persistence.
IMAGES: Mercedes-Benz launches GL-Class SUV at Rs 77.5 lakh
Mercedes-Benz GL-Class SUV intimidates with its size, but it is an elegant machine for mature drivers.
What makes the Nexus 4 an IMPRESSIVE phone
Made by LG, for Google, the Nexus 4 is Google's fourth Android smartphone in the Nexus series.
The inside story of the YES Bank feud
The fight between Madhu Kapur, widow of bank's co-founder Ashok Kapur, and current Managing Director and CEO Rana Kapoor is not about money.
Volvo launches V40 Cross Country luxury hatchback at Rs 28.5 lakh
The hatchback comes with two engine options.
Weak rupee, high inflation force RBI to hold rates
The Reserve Bank has decided to keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of their net demand and time liabilities and keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 7.25 per cent.
New Gurgaon, Greater Noida emerge as realty hot spots
Experts say investors are investing in residential units in Greater Noida, hoping for significant returns through the next few years.
Re down 36 paise versus dollar to end at 57.87
Forex dealers said besides dollar's gain against other currencies overseas, fresh demand for the American currency from importers put pressure on the rupee.
How India can ease the current account DEFICIT
The wide current account deficit is structural in nature and only structural responses will work, says .
Yellow fever: Spoiling the appetite for gold
Restrictions on gold by the Centre & RBI will help, but can these make gold unattractive for investors?
June 15, 2013
Market Cap: The top 10 companies
TCS closed the week at No 1 spot
June 14, 2013
Bajaj revamps passenger three-wheelers
Bajaj Auto has launched a new range of passenger three-wheelers, with improved mileage, changed styling and lower maintenance costs.
BSE: Top gainers and losers
The 30-share Sensex ended at 19,178 up 351 points or 1.86% and the 50-share Nifty ended at 5,808 up by 109 points or 1.92%.
IIP data BUNGLING: India's chief statistician explains
It is human error, which cannot be completely avoided in complex data like the Index of Industrial Production (IIP), says T C A Anant.
Import lobbies THREATEN petroleum ministers: Moily
Oil Minister M Veerappa Moily on Friday said petroleum ministers are "threatened" by import lobbies not to take decisions that will cut India's $160 billion oil imports.
Volvo launches V40 Cross Country at Rs 28.5 lakh
Volvo will have two new launches -- fresh models of sedan S60 and SUV XC60 -- in October to rev up sales.
Adani Group faces severe debt, financing issues
Adani group has interests in a wide range of businesses - trading, coal mining, realty, shipping, city gas distribution, power generation, edible oil refining, grain storage, food processing.
SALARY hikes: What India's top IT companies offered
While Infosys said it would give an average rise of eight per cent to its employees in India, Wipro has announced an increment of six-eight per cent.
IMAGES: Prices of gadgets set to shoot up as rupee falls
Consumers would soon have to shell out more to buy mobile phones, TV sets, cameras, laptops and other consumer electronic goods.
Rupee's sudden slide creates panic: Expert
There were also concerns over whether a depreciating rupee would increase the fiscal deficit by increasing expenditure on subsidies and jeopardise the repayment schedule for external commercial borrowings.
Navi Mumbai airport might be UNVIABLE, fears Cidco
Officials from the City and Industrial Development Corporation (Cidco) on Thursday expressed fears that the proposed international airport at Navi Mumbai could become unviable due to cost escalation, following prolonged delays.
Why substandard and fake drugs are rampant in India
Substandard and fake drugs are rampant in India because of the highly fragmented industry.
Economic crisis: India among most vulnerable nations
India is emerging Asia's canary in the 'hot money' mine.
Infosys: Sebi seeks details on board meeting
Infosys did not disclose the nature of the information sought by Securities and Exchange Board of India.
SPECIAL: What Murthy told Infosys staff
N R Narayana Murthy addressed Infosys staff on Thursday for the first time since taking charge of the beleaguered company as the executive chairman.
IMAGES: Airbus launches maiden flight of A350
The maiden flight follows seven years of development costing an estimated $15 billion.
Re at one-week high, rebounds 47 paise
Besides, dollar's weakness against some Asian currencies supported the local unit, forex dealers said.
Quick-fix solutions to manage rupee may not work
Besides kick-starting reforms, govt may have to look at sovereign bonds & hike debt limits for FIIs to manage currency.
FALLING rupee: India Inc's reliance on imports set to mellow
From being a net earner of foreign exchange ten years ago, India Inc turned into a net spender of forex.
How Chhattisgarh transformed its corrupt ration shops
Chhattisgarh proves no cash transfer or UID is needed to make PDS work.
The 4 BIG constraints to India's growth story
Rapid and inclusive growth in the medium term does not look too likely if one examines the array of unattended constraints.
The Falling Rupee
Domestic woes of high trade and fiscal deficits, high inflation, low confidence, lack of will for reforms, were adding to the fall of the rupee.
June 13, 2013
The STUNNING Mumbai Eastern Freeway INAUGURATED
The project, which has been in the making for five years, includes a 550-metre twin tunnel and a 9.29 km elevated road.
Govt CORRECTS IIP growth rate twice in a day!
Correcting the industrial output figures twice within span of a few hours, the government on Thursday said IIP grew at 2.3 per cent in April instead of 2 per cent reported on Wednesday.
ISB students invited to ring closing bell at Nasdaq
ISB students were invited to ring closing bell at Nasdaq.
How Rupee fall impacts education abroad
The worst hit, due to this crash of the rupee, would be students who are planning to pursue further education abroad.
Flood of foreign money fails to shore up stocks
Even as FIIs have pumped in $15 billion in 2013, key indices have declined 3%.
World Bank pegs 2.2 % global growth this year
Although risks from advanced economies have eased and growth is firming, despite ongoing contraction in the Euro Area, the pick-up in developing countries will be modest because of capacity constraints in several middle income countries.
SENIOR citizens rule a quarter of Indian firms
Many chairmen & MDs continue to hold reins well into their 80s.
World Bank sees 6.7% GDP growth for India by FY'15
The World Bank on Thursday forecast a 6.7 per cent growth rate for India by next fiscal as exports and private investment are projected to strengthen and provide a boost to growth.
Coal probe shows business in politics needs to be tackled
Ministers are forbidden to have any connections with businesses that are related to the work they conduct for the government.
Why jewellery stocks are losing GLITTER
Analysts expect more downside in this sector, with Titan still the preferred bet.
Infosys may hire a FOREIGNER as CEO
The company might hire a foreigner chief executive officer for the first time.
Drug makers pay lip service to R&D in India
Companies known for spending huge amounts on innovation globally have minuscule budgets for India. What's holding them back?
There's no reason to panic, assures Chidambaram
Finance Minister P Chidambaram talked to the press in New Delhi on Thursday to allay public concerns about the economy which is in doldrums.
Gold extends GAINS as stocks, dollar tumble
Markets will watch the policy meeting on June 18 and 19 for clues to a rollback of stimulus measures. Fed officials are divided over their ultra-easy monetary policy and some warn it could stoke future inflation and financial instability.
FM's reform talk draws blank; Rupee down 19 paise
Nifty futures traded in Singapore were trading down 0.8 percent in line with other emerging Asian markets.
Titan will have to revamp its financial model on gold business
Tanishq has been pretty much careful to not bet on gold prices.
Markets extend losses on weak global cues
Markets extended losses for the third straight day and ended over 1% down on Thursday, amid weak global cues, as institutional investors booked profit in blue chips.
Tough immigration rules in US may hit Cognizant hardest
Visa-related restrictions and costs to affect profitability of all major offshore-centric IT firms.
PHOTOS: Indian startups set to sail, work, live on floating city
The ship will have workspaces, Internet connection, 24-hour concierge services and gym.
Auto War: Ertiga, Enjoy and Innova go head-to-head
Multi-purpose vehicle segment has seen some serious activity in the past one year.
IN PIX: The $66bn video-games industry
Gaming industry prepares for the launch of next-generation consoles from Microsoft Corp and Sony Corp.
Is Rohan Murty's entry into Infosys JUSTIFIED?
A brilliant academic record, a self-effacing demeanour and a willingness to work hard - plus the famous Murthy DNA, even if he spells his surname differently. But do these justify Rohan Murty's entry into Infosys?
Murthy is as much at RISK as Infosys
Murthy created today's situation by pushing into leadership positions people who should not have been there.
June 12, 2013
Fitch revises India's credit outlook to STABLE
Taking note of the government's efforts to contain fiscal deficit, Fitch Ratings revised India's Outlook to Stable from Negative and affirmed 'BBB-' rating.
Montreal Protocol shows way for climate action
New deal to curb carbon emissions could copy features from the Montreal Protocol, which US and China favoured over its Kyoto counterpart.
Should you chase stocks or sit still? Find out...
Investors chase active managers or pick stocks themselves, usually buying and selling at the wrong times.
IMAGES: Think gold is a poor investment? Try gold miners
Recent months been worse for investors in gold mining companies.
Most of rupee depreciation may be behind us: BofA
According to BofA-ML, the rupee volatility raises near term risk to inflation and to a rate cut this month.
How to invest in G-secs and make MONEY
G-secs offer good liquidity, high safety. If the interest rate dips, as is widely expected, these could give you higher gains.
Is the government serious about FDI in retail?
With the issue of recent clarifications, the government seems to have decided to ensure that few, if any, actual foreign investors choose to enter the sector.
Fewer customers revolving their credit card dues
Awareness about need to have good credit record prompts users to pay on time.
India's industrial output growth crawls at 2%
Manufacturing, which constitutes about 76 per cent of industrial production, grew 2.8 per cent from a year earlier, the statistics office said.
Private sector BANKS come under the scanner
Their return on assets and fee income could be hit as the Reserve Bank might tighten other norms.
COLUMN: Halfway to an emerging bear market
One culprit behind the poor recent performance of emerging markets is growing bond market volatility and the knock-on effect that that may be having on so-called carry trades, under which investors borrow money cheaply in one currency and then invest it for what they hope will be higher returns elsewhere.
Retail inflation DROPS to 9.31%
Food prices for consumers rose an annual 10.65 per cent in May, slightly faster than an annual rise of 10.61 per cent in April.
20 cities earning MOST tourist dollars
Not all cities are able to attract top dollars.
Markets slump on fading rate-cut hopes
Rupee, however, added some respite after strengthening for the first time today during the last five trading sessions.
Why Narayana Murthy's RETURN to Infosys isn't so great
Narayana Murthy showed that he may be the greatest first-generation business leader of our times but he too is mortal.
Apple offers attractive EMI schemes for Indian buyers
iPhone sales jumped from about 70,000-80,000 units a month to about 400,000 units after the schemes were rolled out.
Re recovers from record lows; up 60 paise
In the global market, the US dollar made a minor rise against the Japanese yen today, following the previous day's rally for the Japanese currency after Bank of Japan didn't
Gold funds deliver HIGH gains on tumbling rupee
In the last five years, while gold prices appreciated 55.8% in dollar terms, in rupee terms, returns stood at 129%, primarily owing to the falling rupee.
Rupee vs dollar: From 1990 to 2013
With the Rupee crashing to a record low of nearly 59/dollar, it has become one of the worst performing currencies in Asia.
India alarmed at Uncle Sam snooping on us via Net
The cyber security dialogue between India and the US is coordinated by the National Security Councils in both countries.
Stubborn retail inflation may spoil rate cut hopes
Policymakers say falling rupee could lead to rise in prices of imported items such as edible oil and build up inflationary expectations in the economy.
June 11, 2013
Frugality: Success mantra of the new Tata boss
In early February, at his first Tata Chemicals board meeting as group chairman, Mistry sat quietly as directors debated efforts to find synergies between interests dotted around the globe, from Wyoming to Gabon.
PHOTOS: Apple reveals iOS 7 design revamp and iTunes Radio
Apple unveiled a music streaming service called iTunes Radio and new mobile software.
India to take warranted steps to stem rupee fall: Rajan
Rajan, further said, the government was not contemplating more steps to curb gold import, and significant reduction was likely in June.
Not unduly worried, Re to stabilise in 3-4 days: FinMin
The rupee has lost over 2.5 per cent in the two trading days of this week and nearly 10 per cent in the past six weeks on concerns of scaling down of stimulus packages by the US.
US fiscal deficit still high, but nobody moving to reduce it
The US fiscal deficit is still dangerously high, but nobody is moving to reduce it.
Govt clarifications add to confusion over FDI in retail
Latest 'clarifications' add to the confusion; foreigners may delay investments, and Indian firms will find it difficult to get investors.
Real estate regulation Bill fails to address key issues
Real estate regulation Bill is consumer-friendly and promotes transparency but does not address the issue of inefficiencies in the approval process and other delays by government bodies.
Address the current account deficit with concrete steps
Given recent tendencies, it was only a matter of time before the rupee fell below its previous low.
Poll: New low in store for Rupee this month
The rupee is expected to weaken further through June and end the month at Rs 58.50 against the dollar.
Rupee fall, import duty to hit domestic jewellers hard
The Rs 250,000-crore (Rs 2.5 trillion) domestic jewellery sector is likely to be hit hard by frequent rises in gold import duty and the sustained depreciation of the rupee against the dollar.
Rupee fall: Big jolt to oil marketing companies
FinMin recently stated that subsidy on petroleum products would not exceed Rs 80,000 crore, when exchange rate was around Rs 54.
IMAGES: Revamped Fiat Linea T-Jet hits Indian roads
Fiat has come up with a great offer for potential customers: a mid-size Sedan.
Rupee kisses 59 per dollar; retreats at close
Traders will watch out for any Reserve Bank of India intervention to prevent the rupee from weakening further.
India asks Fitch why it shared confidential info with US SEC
India is concerned that SEC might have influenced rating given to the country by Fitch.
IMAGES: 20 most valuable liquor brands in the world
Let's take a look at 20 most valuable liquor brands in the world.
PHOTOS: Inside Walmart, the largest retailer in the world
Walmart has 8,500 stores in 15 countries, under 55 different names.
Why Maruti, Tata Motors, TVS FEAR Bajaj now
Opposition to the idea of quadricycles is a story of sour grapes, says Rajiv Bajaj.
Rupee slide: Mixed bag for India Inc
Analysts say that the rupee trajectory, going ahead, will be a function of flows.
June 10, 2013
Air India expects 20% hike in revenue in 2013-14: Ajit
Air India also estimates that its EBITDA (earnings before interest, taxes, depreciation and amortisation) would increase.
Downslide: Rupee to FALL further
All the indicators point to a further steady weakening of the Rupee.
Gold to stay COSTLIER in India
The price of gold in India shot up 2.3 per cent in the past week.
Any rally in RUPEE will be short-lived
Emerging markets, including India have been large beneficiaries of global monetary easing.
Rupee FALL stirs concern about economy
Rupee hit a record low on Monday, escalating worries about the country's current account deficit and complicating the task of the central bank as it tries to loosen monetary conditions to spur an economic recovery.
Panic unwarranted, rupee to stabilise: FinMin
With rupee plunging to life-time low of 57.54 verus dollar, the Finance Ministry on Monday said there is an unwarranted panic in the market and hoped it will settle down in a some time.
Is the Indian FAMILY back in business?
The overall trend to professionalise has always seen an upward trajectory, but at varying rates of adoption.
Corporate governance failure at Ranbaxy?
It is unlikely that independent directors on Ranbaxy Board had no exposure to corporate governance models.
How India's urban poor also HELPS the economy grow
Most informal enterprises in slums employ local residents, generating benefits for the local economy.
Falling rupee: Some say bottom may be near
The rupee on Monday plunged by 48 paise to hit its life-time low of Rs 57.54 in early trade on heavy dollar demand and the US currency strengthening against major rivals overseas.
India, US eye stronger ties as PM set to visit Washington
Manmohan Singh will pay an official visit to Washington, DC, in September-October.
A rundown on candidates likely to replace US Fed chief
Barack Obama is likely to pick a candidate to succeed Ben Bernanke sometime during the summer.
20 most EXPENSIVE cities for foreigners
Let's take a look at 20 most expensive cities for foreigners in the world.
Hyundai DISCONTINUES Accent in India
The car was launched more than 10 years ago and is an asset that built Hyundai's credibility.
Should Narayana Murthy have come back to his 'other' family?
Many corporate leaders have dived back into the fray and helped their companies clamber out of graveyard.
June 08, 2013
GOOD news! BB10 is Skyped
Voice calls were seamless while using Skype over Wi-Fi and video calls offered a lot of clarity.
IMAGES: With troops and techies, US prepares for cyber warfare
Most of Cyber Command's new troops will focus on defence, detecting and stopping computer penetrations of military and other critical networks.
Tata Motors may launch CNG Nano, 2 more cars on June 19
Refreshed Tata Indigo eCS and facelifted Tata Sumo Gold are also expected to be unveiled.
PHOTOS: Canon has Wi-Fi designs on its cheapest model
Canon India is in the process of providing its cheapest camera model with Wi-Fi.
June 07, 2013
India tops in global ATTRITION; 1 in four to switch jobs
Concerns among the Indian employees about fairness of their compensation and career objectives could be the key reasons for them to switch jobs.
Real Estate Bill: How it makes buyers the KING
The provisions in the bill will curb malpractices by developers and it even proposes to penalise them if norms are violated.
ANALYSIS: Founders at helm is Infosys' BIGGEST problem
The stranglehold of the founders over the Infosys management has strengthened after the recent changes.
Global $200-million credit card hacking ring busted
Eleven people in the United States, the UK and Vietnam have been arrested and accused of running a $200-million worldwide credit card fraud ring, US and UK law enforcement officials said.
Narayana Murthy: A big BRAND in the IT sector
Narayana Murthy is akin to being the first man on the moon for the IT services industry.
BlackBerry Q10: For those seeking smartphone with a keypad
Priced at Rs 44,990, the phone has all the features of BlackBerry's flagship device Z10.
Give us 'ABCD': RIL shareholders to Mukesh Ambani
Shareholders' demand list included from providing ABCD (appreciation, bonus, cash & dividend) security to making pepper spray.
Countries with most millionaires: INDIA ranked at 15
Private wealth in India will more than double to $4.5 trillion by 2017.
IMAGES: Pagani reveals a supercar with 800 horsepower
Let's take a look at this amazing piece of engineering.
PIX: US surveillance report fuels debate over privacy, security
Data on millions of customers targeted by US authorities.
America Inc complains to Obama on India's unfair policies
The US Chamber of Commerce has written the President complaining of India's discrimination against a wide range of US exports.
USIBC to campaign against US immigration reform bill
Hires 2 former US ambassadors to India.
Comeback role: The task ahead for Murthy
The one-time bellwether of the country's IT industry has slid to the third spot in terms of revenue, overtaken by a relative upstart, Cognizant Technologies (TCS is the largest).
Maruti may launch Ertiga CNG next week
The fuel option will be available in Lxi and Vxi version and would cost about Rs 30,000 more than the respective petrol variants.
TCS boss' salary HIKED to Rs 15 lakh
Tata Consultancy Services (TCS), India's largest information technology services firm, has decided to revise the monthly salary of Chief Executive Officer (CEO) and Managing Director N Chandrasekaran by half to Rs 15 lakh.
Why raising import duties on gold isn't enough
Govt raises import duties again, misses the point.
Honda HIKES Amaze PRICES by up to Rs 8,000
The Amaze accounted for more than half of Honda Car India's sales last month.
Centre's realty Bill could make homes more expensive
Developers' cost would go up with the wait to get all approvals before starting project.
June 06, 2013
BlackBerry Q10 launched at Rs 44,990
It will be available for sale in 20 cities across 1,000 stores from Friday.
Reliance Retail to grow 50%: Mukesh Ambani
Wants to achieve sales of Rs 40,000 - 50,000 crore.
Rupee fall not a cause of alarm, will soon stabilise: FM
Unfazed by the rupee touching psychological level of 57 against the US dollar, Finance Minister P Chidambaram on Thursday said there is no cause for alarm and the currency will soon find its stable level.
Some new bank licences before March 2014: FM
Finance Minister P Chidambaram on Thursday expressed hope that some new bank licences would be issued before March next year.
Mercedes Benz pushes for PRE-OWNED cars
The company feels dynamics of used car space was changing fast in India owing to various financing options available to customers.
India's future is digital, says Mukesh Ambani
According to a company statement, Ambani said he envisaged a new India in the not too distant future, where almost everything done digitally is transformed to a value-creating and life-enriching new experience cutting across all strata of society.
Fiscal deficit target of 4.8% is EASY to achieve: FM
High current account deficit, however, remains a major concern.
Car industry's woes far from over, says Maruti chief
Some economists have said the industry's woes have shown signs of bottoming out.
Apple patent case EXPOSES trade arbiter's flaws
A US ban on imports of older iPhones and iPads is example of the International Trade Commission being too quick to block products on dubious grounds.
Images: SEAPLANES set to take off in Kerala soon!
You can soon fly from Kochi airport and land amidst the expanse of scenic backwaters in Kerala.
The secret behind the rise in Coal India's profit
Production and prices have been stagnant for several years, but the company's cost-cutting drive is showing results.
Why austerity can be BAD for economy
In the current circumstances, aggressive efforts to rapidly reduce budget deficits may backfire and affect industrail output and jobs.
RIL to invest Rs 1.5 lakh crore in 3 years
The company will unfold its business plans going forward even as shareholders are seeking answers to the performance of the company's oil and gas exploration and production business.
US EXEMPTS China, India from Iran oil sanctions
The waivers mean that financial institutions in the countries do not risk being cut off from the US financial system.
Rupee recovers from near one-year low; RBI keeps watch
The government on Wednesday increased import duty on gold, and the finance ministry is looking at raising the cap on foreign investment in sovereign debt.
30 nations that are MOST COMPETITIVE in the world
Countries are competing against each other to attract businesses and tourists.
How buyers will get a BETTER deal from developers
The new Real Estate Bill will allay buyers' fears and concerns, and speedily redress grievances.
Gen-next Ambanis could join RIL soon
Akash and Isha might assist their father.
Mahindra LAUNCHES Verito Vibe at Rs 5.63 lakh
The car will compete with Maruti Swift and Honda Amaze.
Column: The rupee's FALL still makes waves
An immediate aftermath of the recent fall in rupee is rise in fuel prices, the decision made politically easy by simply blaming it on the exchange rate.
India's 10 BEST selling cars: Maruti Swift DZire tops
Beating Alto, Swift DZire has emerged as the best selling car in India in May.
June 05, 2013
How Emaar MGF DODGED rules to buy land in Dehradun
Many layers camouflage the acquisition of 1,127 acres of prime real estate in Uttarakhand's capital.
How the Realty Regulation Bill will HELP home buyers
The Union Cabinet has cleared the Real Estate (Regulation and Development) Bill, aimed at organising and monitoring the sector.
'India is like a GOOD house in a BAD neighbourhood'
The only asset class which has given them positive real returns in the last five years is gold, says Ridham Desai, strategist and head of India Equity Research at Morgan Stanley India.
INFOGRAPHIC: Why analysts are turning bearish on stocks
Corporate earnings continue to slide, weighed down by poor demand, inflation and rising interest.
Did D-Street traders have a whiff of Murthy's RETURN?
About 24 mn shares of Infosys worth Rs 575 cr were traded on both the exchanges on Friday compared to a three-month daily average of 14.5 mn shares worth about Rs 365 cr.
PIX: Two Indian cities saw biggest growth in tourist dollars
Despite the persistent weakness of constrained demand in the global economy, international travel is growing strongly.
Gadgets that REDEFINE your TV viewing experience
Sleek gizmos to catch your fancy.
What makes Mercedes-Benz S-Class an AMAZING car
This revamped version features the spirit and driving dynamics that its predecessor lacked, and now, has stood as an epitome of the modern luxury sedan.
How RBI can TAME the falling rupee
The Indian rupee has neared the record low of 57.32 per dollar that it hit in June 2012.
Food to cost MORE in Rajdhani, Shatabdi trains
After revising the food tariff for all trains except premier services last year, Railways have firmed up a proposal to increase the rates of food served in Rajdhani, Shatabdi and Duronto.
US panel backs Samsung, bans older iPhones, iPads
President Barack Obama has 60 days to review ruling.
Mohandas Pai: How Murthy can TURN AROUND Infosys
A centralised, founder-led model that relies on organic growth is no longer workable.
Tablet sales: Aakash BEATS Apple in India
Aakash tablet rules the tablet market in India during the first quarter of 2013.
Why Sensex is RISING when economy is in doldrums
Global liquidity and focus on Asia is causing the markets rally.
To REVIVE Infosys, Murthy must REVAMP sales, culture
The company's inflexibility on prices and margins and a tradition of rotating leadership roles amongst its founders have made it less nimble than rivals.
Morgan Stanley pegs GDP at 6%, sees Sensex at 23,000
Sounding bullish on the stock markets, it pegged the Sensex target at 23,000 by December.
Samsung UNVEILS new Galaxy 8-inch and 10.1-inch tablets
For the first time, the company will use Intel chips.
June 04, 2013
India to have 348 million Internet users by 2017
Internet traffic in India will reach 2.5 exabytes per month in 2017, up from 393 petabytes per month in 2012.
India in tight spot as rupee slides to record low
The rupee fell 4.8 per cent last month, and was the worst performing Asian currency as the dollar rallied broadly on speculation that the Federal Reserve will begin reducing its monetary stimulus later this year.
'India has a tendency to fear competition'
The fourteenth Annual Conference on Indian Economic Policy Reform held at Stanford, California discussed the 'Economic performance of India's states'.
India sends 200 secret tax info requests to Switzerland
India's global requests for obtaining classified tax information, in the face of a number of high-profile tax evasion and scam cases, has also seen a 59 per cent jump -- with a total of 646 requests -- as compared to a total of 386 similar letters during the 2011-12 fiscal.
Farmers plan to SERVE 'stop work' notice to Maruti
A draft notice has been prepared and villagers are deliberating on the issue and taking legal counsel.
India, China to be LARGEST investors in 2030: World Bank
The two countries will also account for almost half the global manufacturing investment.
Why proxy advisory firms are UNHAPPY on Murthy's comeback
Without panning Narayana Murthy's credentials, executives in many of these firms feel they are not sure about company's future.
Indians among those who FAKE most sick LEAVES
Direct cost of absence is often recorded in annual surveys, but the indirect cost are rarely reported.
Property investment: Chennai BEATS rest of India
The city saw an increase of 38 per cent to 40 per cent in high-end and mid-segment residential property.
What makes LENOVO Smartphone P770 attractive
Lenovo Smartphone P770 has all the juice to keep one hooked to it.
Verdict: Mercedes A Class is NOT tweaked for Indian roads
The design, however, is radical and takes flamboyance to a different level.
16 BIGGEST problems facing Indian economy
For the fiscal year ending March 31, India's GDP growth was 5 per cent, down from 6.2 per cent the previous year.
Why over-diversification of portfolio isn't good
While putting money across asset classes is a must, there should be some balance.
The 4 Cs that can turn around INFOSYS
Infosys must focus on a few steps for quicker returns, says a Barclays report.
Realty hotspots: GURGAON lags, Noida wins
Greater Noida and Faridabad have left Gurgaon way behind in growth when it comes to absorption or sale of residential units and project launches.
June 03, 2013
INFOGRAPHICS: Top ganiers and losers at the BSE
The Sensex, after touching a low of 19,542, ended at 19610 -- down 150 points ot 0.7%.
The TANGLED tale of Jindal's waste-to-energy project
Residents are concerned that the emissions and ash from the plant could severely impair their health and that of future generations.
Office space: Andheri-Goregaon beats top Mumbai districts
The Andheri-Goregaon business district, in Mumbai's western suburbs, has beaten some of the city's established business hubs, such as Nariman Point, Bandra-Kurla Complex and Lower Parel-Worli, in absorption of office space.
Murthy's return shows DEPTH of malaise at Infosys
The company should reward the confidence of the shareholders by returning some cash to them.
Public sector banks DECLARE war on corporate defaulters
Why banks are going hammer and tongs behind defaulters.
How Narayana Murthy can CHANGE Infosys' future
Unless Murthy launches an aggressive search for a significant infusion of new blood, he will find it difficult to implement the dramatic changes to Infosys' fortunes that everyone expects him to, says P R Ganapathy.
Tale of two titans: Narendra Modi vs. Shivraj Chouhan
A look at how Gujarat and Madhya Pradesh fared in various parameters under their chief ministers.
The TROUBLE with reappointing Narayana Murthy
Not only has the gap between Infosys and the market leader Tata Consultancy Services increased in recent quarters, even Cognizant has overtaken Infosys.
COLUMN: Protecting customers from 'banksters'
The RBI must apply its mind to the heart of the issue: are bankers competent to advise customers on anything other than their own banking product?
Boomerang bosses: When founders come BACK at the helm
N R Narayana Murthy's second stint at the helm of Infosys as chairman will be more challenging than the first time.
Why there is little hope for Saradha revival
It is difficult to re-enact the turnaround of Peerless.
June 02, 2013
Murthy on why he brought his son to Infy, and more...
'Rohan would be my executive assistant and he would receive a salary of Re 1 a year.'
Timeline: Major events in the history of Infosys
Infosys was set up in 1981 by N.R. Narayana Murthy and six other engineers in Pune with initial capital of $250 mostly borrowed from their spouses.
June 01, 2013
STRUGGLING Infosys hands back control to Narayana Murthy
The current executive co-chairman S Gopalakrishnan will be re-designated executive vice-chairman while S D Shibulal, who was one of the seven engineers to launch the company in 1981 by pooling together $250, will continue as Chief Executive Officer (CEO).
No leadership role for son: Narayana Murthy
N R Narayana Murthy, who returned as Executive Chairman of Infosys on Saturday, said he will be more effective with his son Rohan as an Executive Assistant but made it clear the latter has no leadership role.
May auto sales: The WINNERS and LOSERS
While Maruti recorded negative sales, Hyundai gained marginally.
COLUMN: What's behind the spooked stock market?
The outlook appears to be improving as policy shifts away from austerity and toward growth.
India probably world's third LARGEST economy: OECD
It now occupies Japan's position right below US and China.
May 31, 2013
INFOGRAPHIC: Core sector growth slows down
Reflecting subdued economic sentiments, the growth slipped to decade's low of 5 per cent in 2012-13, though improvement in fiscal deficit figures provided some relief to the government, which is battling slowdown.
Petrol, diesel prices HIKED
Petrol price has been reduced four times since March.
INFOGRAPHICS: Sector-wise GDP growth
Farm, manufacturing and mining sectors pulled down India's growth.
BSE Sensex: The top 5 gainers and losers
The Sensex crashed in the last hour of trade and ended down 455 points (or 2.25%) at 19,760. Nifty slumped 138 points at 5,986.
Tech Mahindra, L&T Infotech eye HP's stake in MphasiS
HP's 60.5 per cent stake is valued at $1 billion.
Gold unlikely to fall below Rs 25K
Gold prices have come down to Rs 27,790 per 10 grams in the national capital this month from the high of Rs 32,990 per 10 grams in April.
20 nations with HIGHEST public debt
Public debt is the total amount of money borrowed by the government.
INFOGRAPHICS: Dismal state of India's economy
The full year economic growth for the fiscal year 2012-13 came in at 5 per cent, in line with an official forecast given in February, but its worst in a decade, and a far cry from the 9 per cent annual expansion recorded until two years back.
Warren Buffett needs luck for Las Vegas gamble to pay off
The Billionaire investor is under pressure to deploy the $44 bn cash on Berkshire's balance sheet.
Our current drugs in India, global markets safe: Ranbaxy
The company's move follows reports of a circular by Mumbai's Jaslok Hospital, that put restrictions on prescribing Ranbaxy Laboratories products.
Fiat 'readying' $10-billion financing for Chrysler
Citing people familiar with the matter, the report said the banks were discussing lending Fiat the money to buy a 41.5 per cent stake in Chrysler held by the United Auto Workers' healthcare trust Veba.
India's economy grew at decade LOW of 5% in 2012-13
The full year economic growth came in at 5 per cent.
Bangkok ranked world's top travel spot
The Thai capital headed the 2013 list based on total projected visits by foreigners, followed by London, Paris, Singapore and New York. Istanbul and Dubai showed the strongest expected growth in the number of visitors.
IMAGES: Highest-paid Indian bank CEOs
These are the highest-earning bank CEOs in India.
15 countries with HIGHEST quality of LIFE
These countries provide the highest quality of life.
Rupee hits over 11-month low vs dollar
The rupee had lost 21 paise to end at new 10-month low of 56.38 against the dollar on Thursday on fag-end spurt in dollar demand after RBI Governor D Subbarao painted a dim macroeconomic picture.
IMAGES: Spyker to launch its GORGEOUS cars in India
Ex-Formula 1 team owner and Dutch supercar maker Spyker has firmed up plans to set foot in India.
Mumbai: City of height needs to grow more vertical
Centre should allow local authorities to take the final call on vertical limit.
In Modi's Gujarat, a Singur could be in the making
Majority gram sabhas pass resolution to oppose SIR status to the area where Maruti's proposed unit is to come up.
15 airports ranked BEST in the world
Let's take a look at some of the best airports in the world.
May 30, 2013
INFOGRAPHICS: Loss due to labour strikes
Take a look at the effect of labour strikes on businesses.
BSE Sensex: The top 5 gainers and losers
Markets ended marginally higher on Thursday, amid expiry of May futures and options series, led by gains in FMCG major ITC and select auto shares.
Airline can charge extra for upto 20% seats
The total seats on a two-class single-aisle Airbus A-320 or a similar Boeing-737 aircraft number around 130-140, of which the airlines would be able to charge more for a maximum of about 30-odd seats, official sources said.
Kiran Mazumdar Shaw, 3 others on Forbes philanthropy list
The annual list of 'Heroes of Philanthropy', compiled by Forbes Asia magazine, features a total of 48 people from the the Asia-Pacific region, including countries like China, Singapore, Hong Kong and Indonesia.
Higher sales help M&M beat forecasts
The company said its board has recommended 250 per cent dividend of Rs 12.50 per share.
Mercedes LAUNCHES A-Class compact at Rs 21.9 lakh
The diesel variant is priced lower than the petrol at Rs 22.73 lakh.
LESSONS from China's public transport system
A network of interchangeable transport systems with seamless access, like in China's Guangzhou city, can go a long way in easing urban commuters' woes. NO fast rebound seen for India's moribund economy
Years of fiscal profligacy, a long struggle with high inflation, high interest rates, persistent political gridlock and fragile global economy have put India back in a rut.
Why RBI reducing policy rates will not REVIVE economy
It's not the high interest rates that's affecting the economy but the policy bottlenecks.
The DANGEROUS aristocrats of finance
Despite the financial crisis of 2008, the finance industry is still arrogant, isolated and ridiculously lucrative.
How quadricycles can REVOLUTIONISE public transport
Despite concerns about their safety and environment-friendliness, these vehicles could change the country's transport economy.
Why WTO members are unable to sign trade agreements
Diplomats at WTO have become pessimistic about striking a trade deal.
US economy recovering, but infra needs investment
Infrastructure sector urgently requires investments, it says.
20 most RESPECTED companies in the US
Not all companies are able to win people's respect.
Empire State Building investors approve IPO plan
Investors representing at least 80 per cent of the ownership units voted in favour of the plan.
How the BCCI chief failed shareholders
The company's stock price has appreciated at a compound annual growth rate of 18.3 per cent, the lowest among all industry peers.
The DOUBLE standards of Google, Apple, Facebook
The tax evasion battle between the tech giants and various governments is not just a fight about tax revenues but also for moral supremacy.
India's largest textile hub hopes to REGAIN past glory
Bangladesh accident and foreign retailer eyeing India spark optimism among Tirupur textile exporters.
May 29, 2013
Sony Xperia Tablet Z in India @ Rs 46,990
The dust and water-resistant tablet sports a 10.1 inch 1920X1200p WUXGA display with a mobile Bravia Engine 2.
IMAGES: 20 most expensive hotels in New York City
New York City is not only the world's biggest financial centre, but also one of the major tourist destinations.
Should you trust Delhi govt's claims on the city's growth?
Once you analyse the data, you will realise the state government wants to take credit for achievements that do not belong to it.
All you wanted to know about Exchange Traded Funds
ETFs are like stocks as they trade on the stock exchan#8805 but they are shares of a portfolio, not of a company.
Does Sahara group come under RTI Act? Sebi gets a query!
After Sebi rejected the information sought from it through an Right To Information application in this regard, the appellant approached the Appellate Authority but the appeal has been rejected there also.
Why you should NOT borrow against gold now
As RBI curbs lending against gold, it's now harder to raise loans against the yellow metal.
SPECIAL: Bad times WORSEN for India Inc
It seems the financial headroom for India Inc will get worse, given the rising gap between profit growth and interest obligations.
How Amway grew BIGGER than Procter & Gamble, Gillette
Amway surged by converting a multitude into sales agents.
Iconic IMAGES of early computers
Let's take a look at some iconic and historic images of computers.
IMAGES: Should investors still believe in gold?
Gold has dulled a lot lately but investors could still take a shine to it.
Wal-Mart to pay $110 mn for environmental crimes
Federal authorities alleged that Wal-Mart did not have a programme in place and failed to train its employees on proper hazardous waste management and disposal practices at the store level.
20 MOST INFLUENTIAL companies in India
There are some companies that wield enormous influence in India.
Ford EcoSport: A good BALANCE of power and mileage
To hit Indian roads in mid-May.
10 mid-cap stocks to INVEST in before the next rally
As macroeconomic fundamentals improve, Sensex will make new highs. Here're stocks that can give good returns.
May 28, 2013
Samsung launches Galaxy Mega @ Rs 25,100
To be available in two variants, the GALAXY Mega comes with a 5.8 and 6.3 inch display.
Cognizant displaces Infy to become 2nd-largest IT firm
The revenues of the top 5 India-based IT services providers worldwide rose by over 13 per cent to $34.3 billion (around Rs 1,900 crore) last year from $30.3 billion in 2011.
Manmohan Singh ALLAYS Japan Inc's concerns over GST
Hopeful that the tax will be implemented by 2014.
Iran offers insurance to India, refiners snub plan
The delegation led by Qasemi arrived on Sunday with the aim of persuading New Delhi to step up both oil imports and investment in the OPEC-member's oil and gas sector.
Tips to REGULARISE your debt
If you have too many loans, here's how to get rid of them smartly.
Why safety concerns over Bajaj's quadricycle are overblown
Due to the low power engine, the chances of serious accidents are less compared to other four-wheelers.
PM on why Japan is hailed as India's bilateral donor
the address by Prime Minister Manmohan Singh at the Luncheon hosted by Nippon Keidanren.
VERDICT: Samsung's Note 8.0 is not an iPad Mini killer
Buy the premium tablet for the S Pen and calling facility.
IMAGES: Most unusual homes in the world
There are some who either prefer or are forced by circumstances to live in unusual places.
The new tech palaces: visionary HQs, or cursed trophies?
Can these tech giants survive the curse on their new HQs?
Amazing IMAGES reveal the shine and dark side of diamonds
Diamond supply chain is controlled by a limited number of powerful businesses, and is also highly concentrated in a small number of locations around the world.
Mahindra Verito Vibe READY to take on Maruti Swift diesel
The diesel hatch is expented to be priced at Rs 5.3 lakh.
May 27, 2013
Economists peg India's Q4 GDP at 4.8%
The government will announce the FY13 GDP numbers on May 30, where it expects the readings to be around 5.2 per cent.
3 reasons why the golden age of dividends is dawning
Most profitable corporations are hoarding cash that could be channeled into dividends.
Toyota recalls 1,100 Corolla Altis in India
The campaign is for Corolla Altis Diesel manufactured between August 3, 2012 and February 14, 2013.
Jaguar F-Type: Ample dose of style, luxury and thrill
The car offers high amount of thrill with ample dose of style, luxury and vocal blast.
SPECIAL: Why ranking cities is important
Mercer, the human-resources consulting firm, recently analysed living conditions in cities according to 39 factors, worked out basically to compensate employees of multinational companies when they are located in different cities of the world.
How Cyrus Mistry is RESHAPING the Tata empire
He is focussing on tightening the belt of the conglomerate left bloated by explosive growth under his predecessor.
AirAsia India LAUNCH in Q4; may ORDER 50 more jets
The company is looking at putting in one plane every month.
Renault shrugs off electric car setback
Executive says setback doesn't challenge strategy.
10 tech companies with the BEST business outlook
% of Google employees feel the company is doing better.
In India, office relationships no longer a private affair
Companies put in strict disclosure, job switch clauses in HR policies.
How Tumblr founder became a multi-millionaire at 26
David Karp sold his Tumblr blogging service to Yahoo for $1.1 billion.
5 basic RULES of mutual fund investment
Here's how you can get the best out of your mutual fund investment.
May 25, 2013
Samsung launches its CHEAPEST Galaxy phone at Rs 5,240
Competes with Nokia's Asha range and similar offerings from domestic firms like Micromax and Karbonn.
May 24, 2013
Maruti Dzire BEATS Swift to be No. 2 highest selling car
Despite the buyers' interest in Honda Amaze, the compact sedan managed to achieve good numbers.
Jet Airways shareholders approve Etihad deal
The deal is being looked into by Competition Commission of India and Securities and Exchange Board of India among other regulators.
PHOTOS: India falls in global popularity ranking
While Germany is the most positively viewed country in the world, India's view has fallen.
Is this a good time to BUY stocks?
Global equity and bond markets, especially in Japan, were spooked on Thursday post the US Federal Reserve's comments on the third round of bond buying programme, commonly known as quantitative easing (QE3).
SPECIAL: Ranbaxy's dark chapter
The company has admitted it fudged data so that it could launch its products in the United States. It has now paid $500 million as a penalty to settle the case.
Gold SMUGGLING likely to rise 40% this year
The high import duty on gold, local taxes and restrictions on imports are leading to a rise in smuggling of the commodity into the country.
PHOTOS: World's worst airlines for flying economy
Flying used to be a pleasant experience, but now it has become a stressful one.
Revealed! How Apple, Amazon, Google DODGE taxes
These high profile companies have managed to pay next to no tax on their vast sales revenues generated in Europe.
World's 30 most POWERFUL women in business
India-born PepsiCo chief Indra Nooyi figures among the top10 in 2013.
AI spent a whopping Rs 1,803 crore on pending staff salaries
Of the Rs 6,000 crore received in 2012-13, the airline spent Rs 1,803 crore (Rs 18.03 billion) on pending staff salaries, paid off Rs 1,253 crore (Rs 12.53 billion) as jet fuel dues to oil marketing companies and Rs 1,100 crore (Rs 11 billion) as loan and interest payments for aircraft acquired, official data showed.
Why Tata Steel losses are not as BAD as they look
Net losses of Rs 6,528 crore is entire due to deliberate decision by company to reduce value of its European assets.
May 23, 2013
4 reasons why Sensex SANK below 20,000
A potential early wind-down of the US stimulus programme and a shrink in China's factory activity pulled down markets.
How Anil Ambani plans to TURNAROUND RCom
The company wants to woo post-paid customers and rent out its assets to cut debt.
Araceli Roiz REVEALS details, Phaneesh Murthy to be sued
California-based law firm, Aiman-Smith & Marcy, said that iGate's head of investor relations Araceli Roiz was pregnant with Murthy's child.
Office space: India's BEST cities to invest in
Mumbai continues to be the investment hotspot for the banking and financial sector.
Toyota to launch small cars, compact SUVs in India
Government policies and other uncertainties are holding it back from setting up a new diesel engine plant and launching more hybrids.
PHOTOS: Plight of the unemployed around the world
These photos reveal why looking for a job is not an easy process.
IMAGES: Multi-billion dollar business of gambling
Gambling is a multi-billion dollar industry spread across the world.
World's HIGHEST-selling video-games consoles
Video games industry is worth around $80 billion.
Self-driving Mercedes S Class to be a REALITY in 5 yrs
The company is testing the technology and believes that it can be included in the car in few years.
Now, Maruti offers DISCOUNT on diesel cars
The offer covers the Ritz, Swift, Swift Dzire and Ertiga, and is valid until May 24.
What the Tata Steel write-off REVEALS
Corus is not out of the woods yet.
No need for nervousness, FM assures stock markets
The minister was reacting to sudden crash in Indian stock markets in response to a statement by Federal Reserve Chairman Ben Bernanke in which he had talked about scaling back of stimulus with improvement in economic conditions.
May 22, 2013
Phaneesh Murthy may lose $15 million as severance benefits
iGate sacked Murthy for violating company policy on relationship with a colleague. Since his termination was for professional misconduct, he may end up losing the severance benefits.
Killer H-1B provisions still exist in Immigration Bill
Continued presence of such a problematic provision in the bill, which was passed by a key Senate panel on Tuesday, industry sources said would not only badly hit Indian IT companies, but also disrupt operational capabilities of a large number of key American companies as well.
Microsoft UNVEILS Xbox One with Spielberg
It's the first new gaming console in eight years.
India to get more DOUBLE decker trains
The Parliamentary Standing Committee on Railways has recommended that more double decker trains be introduced with a view to double the existing passenger capacity of the Indian Railways.
5 Nifty stocks that LOST money in the recent rally
The decline in these was mostly due to company or sector-specific issues, say experts.
Exclusive! How to SAVE India's economy
While the country's dismal food situation tops the list, India's crumbling infrastructure, too, requires prompt action, says Subir Gokarn.
'India is inching towards acute water scarcity'
The summit participants in the final declaration agreed to allocate resources towards water and sanitation sectors, increase transfer of technology, improve irrigation systems and encourage appropriate consideration of water issues in the discussion of the UN development agenda.
US Senate panel passes Immigration Reform Bill
The Senate Judiciary Committee on the fifth day of its deliberations that included 300 amendments to the Comprehensive Immigration Reform bill -- Border Security, Economic Opportunity, and Immigration Modernization Act -- passed it by 13-5 votes.
Tough issues for Phaneesh Murthy successor
He has to keep herd together, service massive takeover debt on Pat#8715 however, operational performance unlikely to be affected
IMAGES: 20 most exclusive streets in the world
Only a handful of streets are famous all around the world.
CEOs caught in sexual harassment cases
Less than 1% cases in India are recorded as employers/owners usually sack the complainants; give negative feedback to the complainant during background checks.
IMAGES: Trendy phone booths across the world
The first telephone booth set up in London way back in 1903.
Maruti to launch special edition Ertiga Feliz soon
The anniversary variant will compete with Chevrolet Enjoy and the Mahindra Xylo H-Series.
Phaneesh Murthy violated company's policy: iGate
In an emailed exchange with Business Standard, iGate states the circumstances that led to Phaneesh Murthy's sacking.
Rajat Gupta seeks re-trial over insider trading case
Seth Waxman, lawyer for Gupta, told the 2nd US Circuit Court of Appeals in New York on Tuesday that wiretaps played for the jury were inadmissible because they amounted to hearsay evidence.
IMAGES: The world's most UNUSUAL office
There are some who work from just anywhere, even while hanging from a balcony.
Affordable houses, but FOR WHOM?
The new launches in the affordable category could just be another marketing gimmick to push sales and mop up money.
Skoda to DISCONTINUE Fabia in India
The company was losing around Rs 150,000 on sale of each car.
IMAGES: 20 most valuable brands in the world
Every year, BrandZ and Millward Brown Optimor calculate and rank brands based on their global value.
The Irish LOOPHOLE behind Apple's low tax bill
Apple's ability to shelter billions of dollars of income from tax has hinged on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs.
US raises concern over American firms EVADING taxes
Amidst allegations that Apple is evading US taxes through overseas shell companies, the White House said this raises the broader question of American companies that ship profits and jobs overseas, a issues often raised by US President Barack Obama in the last few years.
May 21, 2013
PHOTOS: Chinese premier visits TCS facility in Mumbai
Tata Group was the only private enterprise on the itinerary of Li Keqiang during his visit to the country.
BSE Sensex: Top 5 LOSERS and GAINERS
The 30-share Sensex ended down 112 points at 20,112 and the 50-share Nifty closed 43 points lower at 6,114.
Over 15,000 MW capacity plants stuck as RIL stops supply
The total capacity of gas-based stations in India is 18,830 MW of which 15,529 MW is fed with gas from RIL.
Didi's Ma Mati Manush policies keep investors AWAY
The perception is backed by the Economic Review, which said in 2012, only 12 industrial units were set up at an investment of Rs 312 crore (Rs 3.12 billion), compared with 322 units that accounted for around Rs 15,000 crore (Rs 150 billion) investment in 2011.
Bangla factory banned by Walmart still makes Wrangler shirts
Walmart told Reuters on Friday that Liz Apparels in Gazipur, near the capital Dhaka, had previously made clothing for its stores but was now on its "red" list of unapproved suppliers after a safety audit in early May found the cracks.
Indian infotech sector is becoming a RISKIER bet
The beta of large IT firms has increased since 2008 and is expected to inch up further given the rising challenges.
Why global companies are betting BIG on India
Global businesses still believe that India consumption story is intact despite the slowdown of the past couple of years.
I-T dept sends letters to 70K high spenders to pay tax
The exercise is in continuation of crack down on tax defaulters which the government launched last fiscal under which the Revenue Department had sent 105,000 letters to assessees seeking to know whether the person had filed his IT return or not.
How illegal salt making threatens Sambhar Lake's ecology
Even the sweltering heat of April does not deter the 10,000-odd tractors, mostly Ferguson-Masseys, from ferrying unrefined salt extracted from the brine of this largest inland saltwater lake in Asia.
Sexual harassment charge is FABRICATED: Phaneesh Murthy
Sexual harassment charge is fabricated: Phaneesh Murthy
Asus FonePad: For those who seek LONGER battery life
The camera is sub-par and you won't enjoy high-end games.
Fiat's 'home on wheels' hits Indian roads
The van that contains a queen-sized bed, a shower area and kitchen.
20 nations with HIGHEST telephone connections
From being an inevitable part of the telecommunication services, landline devices are becoming outdated.
Microsoft Corp co-founder Paul Allen's HITS and MISSES
Paul Allen has constructed a $15 billion portfolio of tech, sports, real estate and energy investments.
Topless PROTEST disrupts opening of Barbie house in Berlin
Women's rights protesters disrupted the opening of a giant pink doll's house in Berlin.
How Apple DODGED billions in taxes
One of Apple's Irish affiliates reported profits of $30 billion between 2009 and 2012, but because it did not technically belong to any country, it paid no taxes to any government.
Romanian HACKER plans to protect world's ATMs!
Valentin Boanta, sitting in his jail cell, proudly explains the device he has invented could make the world's ATMs impregnable even to tech-savvy criminals.
Sexual harassment claim: iGate sacks Phaneesh Murthy
The US-listed company, which has bulk of its employees in India, has appointed Gerhard Watzinger as interim chief executive with immediate effect.
Amazing IMAGES reveal the overloaded world
It's not just animals who earn their bread by carrying way too much weight on their back.
The 20 BEST selling mobile phones of all time
Today's top mobile phone makers Samsung and Apple don't feature in the top 15.
Air Deccan founder may LOSE it all, even his house
How Captain Gopinath's new aviation business crash landed.
IndiGo BEATS Jet Airways once more
omestic passengers flown by Indian carriers declined marginally in the first four months of this year compared to last year, even during peak season operations.
May 20, 2013
BSE Sensex: Top 5 gainers and losers
The 30-share Sensex ended at 20,224 down 62 points or 0.31% and the 50-share Nifty ended at 6,157 down by 30 points or 0.49%.
Samsung launches Galaxy Grand Quattro @ Rs 17,290
With a 4.7-inch display, the dual-SIM handset is powered by 1.2GHz quad-core processor, has Android 4.1.2 (Jelly Bean) operating system and a 5 megapixel camera. It comes with an internal memory of 8GB.
TIPS: How to SELECT stocks to get good returns
There is no sure-shot formula to succeed in the stock market.
Obama tells Americans to be more competitive
In his speech at the Morehouse College Commencement Ceremony in Atlanta, Georgia, Obama asked the young people of his country to work hard.
Taking a HOME LOAN? Points to remember
Analyse your financial situation before deciding on amount; compare tenure, interest rate and penalty before finalising the lender.
IMAGES: Tata's hotel chain juggles multiple brands
How the Tata hotel chain is tackling the transition challenges of multiple brands.
PHOTOS: Renault, Panasonic, Haier back in the race
Renault, Panasonic and Haier have managed to bounce back after a series of crucial mistakes.
SPECIAL: India's China menu keeps growing
Problem of a huge trade imbalance against India even as both exports and imports declined in 2012-13 year-on-year still remains a severe challenge even to this day.
Can you afford to BUY any of these items?
There are some items that fetch millions of dollars at auctions simply because a certain celebrity has worn them.
Amazing PHOTOS reveal beauty of world's major cities
There are some countries that invest a lot of money to make their major cities look beautiful.
What will be the future of Berkshire WITHOUT Buffett?
Warren Buffett defended his plan to appoint his son, Howard, who has little investing experience, as non executive chairman, saying the younger man's role would be to ensure that Berkshire had the right CEO in place.
Stunning images of ARTISTIC cars
Artistic cars from around the world are a big attraction.
May 18, 2013
How the salaried are getting tax relief
The Income Tax return form seeks wealth information from professionals; experts feel the salaried should have been included.
May 17, 2013
S&P warns India of rating DOWNGRADE
While retaining India's sovereign rating at 'BBB-' with a negative outlook, S&P said there is at least a one-in-three likelihood of a downgrade within the next 12 months.
New Mercedes S Class is MAKE or BREAK for Daimler
If the car flops, Daimler's goal to regain leadership in the premium segment by 2020 will be a pipe dream.
Why Indians succumb to Ponzi schemes
Lack of education and the absence of bank branches across huge swathes of the country puts more than half of India's population outside the formal banking sector.
How Samsung is trying to TRAMPLE Apple's supply
Samsung can make life difficult for Apple if it tramples the latter's supply.
Gates, Buffett INSPIRE more billionaires to donate wealth
Nine more wealthy families and individuals have pledged to give at least half of their fortunes to charity as part of a philanthropic campaign.
EcoSport: A stunning SUV priced under Rs 10 lakh
Ford EcoSport, the most awaited launch of 2013 is here. Ford has announced the rolling out of the vehicle in mid June 2013.
IMAGES: 30 biggest hotels in the world
With Chinese and Indians travelling in bigger numbers than ever, hotels around the world are doing everything possible to attract customers.
30 nations where workers enjoy MOST HOLIDAYS
There are many countries that give more annual leaves and public holidays than India.
Gold demand to remain high: WGC
In the first quarter of 2013, gold imports declined 5.7 per cent, as traders relied mostly in stocks to meet rising demand.
India, China to be world's BIGGEST investors by 2030
As a result, the global investment in developed countries will triple in the next two decades.
Windows XP to cost 3 times more than migrating to Windows 8
An estimate suggests the cost of upgrading to Windows 7 or Windows 8 will be $95.
How IndiGo plans to FIGHT rivals AirAsia, Etihad
Will build on its existing strengths. Plans to include more fuel-efficient A-320 N and offer better connectivity.
Mercedes adds business-class comfort to its NEW S-Class
The car's top-of-the-line business-class comfort will set a new luxury mark in the auto world.
May 16, 2013
Mercedes launches GL-Class SUV @ Rs 77.5 lakh
The company is using former tennis star and its global brand ambassador Boris Becker to promote its range of products.
CORRUPTION hits India's economic confidence
India's economic confidence dropped due to a number of corruption allegations against the Union government ministers.
LG launches the Nexus 4 in India at Rs 25,999
Though full of features, the phone does not support expandable memory, and the battery cannot be removed.
India among 30 BIGGEST exporters in the world
Exports form a major part of some countries economy.
Gold demand in India rises by 27%: WGC
The demand for the precious metal stood at 202.1 tonnes in the same quarter last year.
Lamborghini Egoista: A one-seat car you can't BUY
The car's name means 'selfish' and that is because it has only one seat.
Global firms bet on India's spending power
Inbound M&A into India totals $9.86 billion this year, the highest in Asia.
SPECIAL: What RBI learnt from the Cobrapost probe
The inquiry report raises questions about the effectiveness of management control as well as that of the supervision process.
FDI in retail: Why govt's policy is completely FLAWED
The conditions imposed on prospective investors in the retail sector betray a lack of understanding of the dynamics of the business.
Mobile phone sales: Samsung TOPS, Nokia FALLS
The worldwide mobile phone sales totaled nearly 426 million units in the first quarter of 2013, a slight increase of 0.7 per cent from the same period last year.
After Lamborghini, Ferrari, Dubai cops to have Bentley, Merc
Dubai's police has been building up its vehicle fleet recently, and it's not worrying about cost.
INFOGRAPHICS: Annual returns on national pension schemes
NPS aims at ensuring financial security to every citizen by encouraging them to start contributing towards the old age saving.
Good time to invest in rate sensitive stocks: Analysts
Given the outlook for interest rates, analysts seem bullish on this space.
May 15, 2013
GOLD suffers second biggest fall this year
Gold witnessed its second biggest loss this year of Rs 600 to Rs 27,300 per 10 grams due to reduced offtake amid weak global trend.
Oil Min proposal on gas prices rejected
The ministry had sent a draft proposal for the consideration of the Empowered Group of Ministers to price all domestically produced natural gas -- be of state-run ONGC or private sector Reliance Industries - as per the formula suggested by the Rangarajan Committee.
AI to focus on making Dreamliners its workhorse
The announcement by Air India CMD Rohit Nandan came on a day when two of the airline's six Dreamliners resumed commercial operations and operated regular flights from Delhi to Bengaluru and Kolkata.
How Capgemini is USING India to GROW
Besides having Indians in top management, the IT major is working to make the country an innovation hub to drive business in Europe.
ATM heist: India's IT sector in UNWELCOME spotlight
The event reopens questions on the risks of outsourcing sensitive financial services to the country.
How CORRUPTION has engulfed the Railways
Lucrative contracts negotiated through influential middlemen, gratification for officials and their political patrons has become a norm in Indian Railways.
How Air India plans to cut LOSSES
Air India sought to bring down the daily 480 flights in both international, domestic sector from 69% to 25% in the last financial year.
World's longest road networks, INDIA is No. 3
United States has the world's longest road network.
Mobile phones per capita: The TOP 10 nations
The mobile phone users is expected to hit 7.3 billion by 2014.
30 BIGGEST sovereign wealth funds in the world
SWF is a state-owned investment fund comprising of financial assets such as stocks, bonds, property, precious metals and other financial instruments.
VERDICT: BMW 6 Series Gran Coupe redefines luxury
BMW's new 6 Series Gran Coupe is not just seductive and haute - its ride quality is better than siblings'.
Nokia unveils METAL-BODY Lumia 925 smartphone
The phone is lighter than Lumia 920 and will hit the market in June.
Why hotel stocks are UNDERPERFORMING
Subdued demand and oversupply has hit the industry.
May 14, 2013
INFOGRAPHICS: How inflation fared in the past 6 months
Inflation fell below 5 percent in Apr, dropping within the RBI's comfort zone.
Inflation DROPS to 4.89% in Apr; lowest since Nov 2009
Declining inflation may present a case for further monetary policy easing.
Coal mafia stokes India's power CRISIS
Here's how mafia controls and trade in coal.
Are we PRISONERS of our tedious working habits?
Stress-related illnesses are now one of the biggest health issues in the workplace.
SPECIAL: All's fare in airline pricing
The practice of charging for ancillary services on domestic flights is likely to grow as competition soars.
Spotted! The Jaguar F-Type in Pune
Global deliveries of the F-Type are yet to commence.
10 cities that have the most EXPENSIVE retail space
Retailers end up paying a monthly rent of approx Rs 1 crore for a 500 sq ft store.
Lumia 520: A GOOD buy if it's your first smart phone
Nokia has cut corners to make the Lumia 520 affordable but it is still one of the most appealing phones in its range.
Why Etihad's tickets are more expensive than others'
The airline's pricing strategy and capacity show it is targeting leisure travellers and corporate clients, rather than blue-collar workers migrating to Abu Dhabi.
VERDICT: Ford EcoSport is made for Indian roads!
You reach triple digit speed in a breeze.
20 BIGGEST firms in the United States: Wal-Mart tops
With robust sales, the company bounced back to the top spot in the Fortune 500 list.
How the US immigration Bill will hit Indian cos
The immigration Bill from a bipartisan group of US Senators will hurt US companies as much as Indian IT service providers.
May 13, 2013
BSE Sensex: The top ten losers
Shares of FMCG major ITC on Monday slumped by over 5 per cent on profit booking amid a sharp dip in the stock market.
Gold falls by Rs 180; sales up on Askshaya Tritiya
Gold prices fell by Rs 180 to Rs 27,520 per 10 grams on Monday, while silver prices also dropped by Rs 300 to Rs 45,500 per kg taking weak global price trend.
Balooning trade deficit, gold import batter Nifty
BSE index falls 2.14 pc; NSE ends 2.08 pc lower
Mumbai housing prices up 66% in 4 years
Gurgaon and Bengaluru saw price appreciation of 52 per cent and 46 per cent, respectively, during this period.
IMAGES: 'Stewardess' Richard Branson fired by AirAsia chief
British business tycoon Sir Richard Branson donned high heels and fishnet stockings as a stewardess in a figure-hugging scarlet outfit on a AirAsia flight from Perth to Kuala Lumpur.
10 countries with the LARGEST railway network
United States has the world's largest railway network.
Airbus to China: We support you, please buy our jets
China partly lifted a blockade on 45 long-haul A330 jet orders during a visit by French President Francois Hollande last month.
Old and at home, but not so ALONE
Builders are coming up with retirement home colonies that offer a number of services. The payment options include outright buys, deposit models and lifetime lease.
COLUMN: The skewed story of India's coal import boom
Indonesian coal making its way to India provides about a third less energy than supplies from South Africa or Australia.
India needs to focus on e-vehicles for public transport
The future of sustainable transportation in India lies in developing electric vehicles across transit automobile segments. Mahindra Bolero zooms into TOP FIVE list
This is the first time in the last five years that an utility vehicle has featured in the top five list.
Retail inflation drops to 9.39%
The Consumer Price Index based inflation was at 10.91 per cent in February.
How retailers can redefine shopping experience
In today's digital age, companies need to build an integrated communication strategy to stay ahead of the game.
NO need to get aggressive on GOLD this Akshaya Tritiya
If you want to celebrate the festival, buy only a little as token.
IMAGES: 20 cities with most MILLIONAIRES
Although the world economy is going through a rough time, there is no shortage of millionaires and billionaires in the world.
IT watchdog investigating breach in ATM heist
Hackers broke into two card processing companies, raising the balances and withdrawal limits on accounts that were then exploited in coordinated ATM withdrawals around the world.
Images: The BEST off-road SUVs in India
Three hardcore machines that will ensure your safety as you head into the wilderness in the summer.
INFOGRAPHICS: How the top 10 firms performed
TCS tops the chart once more.
May 11, 2013
Boeing makes Dreamliner 787s FASTER
Is working to speed up assembly line to produce 10 Dreamliners a month by year-end.
Invest for your children, get tax BENEFITS
Most of these investments fall under the ambit of Sec 80C within the Rs 100,000 limit.
May 10, 2013
Yen slumps to four-year low against dollar
The yen's fall to a low of 101.20 to the dollar came as finance ministers and central bankers of the G7 countries gathered for a two-day meeting near London, with currency movements likely to be one of the main topics on the agenda.
Diageo appoints IIM alumnus Ivan Menezes as its new CEO
He led the company's acquisition of United Spirits.
Mumbai among 20 cities with MOST BILLIONAIRES
Almost all of the billionaires until recently came from Western cities, but now the picture is changing.
How Cobrapost reveals bankers' lack of TRAINING
the training department in most banks is content with asking branch managers to send employees for drab classroom sessions once a year. The perception about such training is obvious from the fact that most branch managers send the names of employees they can do without.
Industrial output rebounds to 2.5%, grows a tad 1%
Industrial output grows at meagre rate of one per cent in 2012-13 compared to 2.9 per cent in the previous fiscal.
Huge cyber bank THEFT spans 27 countries
In one of the biggest ever bank heists, a global cyber crime ring stole $45 million by hacking into credit card processing firms.
Chevrolet's Enjoy to TAKE ON Maruti's Ertiga
The petrol and diesel base variants of Enjoy are priced Rs 49,000 and Rs 70,000 cheaper than the Ertiga.
The four BIG stock BETS of Rakesh Jhunjhunwala
The ace investor has gone ahead and selectively raised stake in some of these.
30 countries that have MOST mobile phones
There were 12.4 million mobile-phone subscribers in the world in 1990, but this figure jumped to more than six billion in 2011.
REVEALED! All you want to know about Ford EcoSport
The diesel variant boasts a mileage of 22.7 kmpl. For petrol, it will range between 15.6 kmpl and 18.9 kmpl.
Meet Asia's 25 most ENTERPRISING entrepreneurs
Asia is a growing hub for innovators and entrepreneurs.
May 09, 2013
Air India gives wings to Dreamliner once more
By Friday, two of these Boeing 787 Dreamliner planes would be test-flown several times daily between Delhi and Amritsar so that the pilots and cabin crew get the experience of several landings and take-offs.
General Motors launches Enjoy @ Rs 5.49 lakh
The vehicle will compete with Maruti Suzuki India's Ertiga, which is priced between Rs 598,000 and Rs 870,000 (ex-showroom Delhi).
Nokia Asha 501: Is it the BEST mid-range phone?
Effectively priced, the new series will heat up the mid-level phone market. Samsung Rex beware
Why reverting to 8% growth seems a DISTANT DREAM
If the administrative/regulatory/judicial logjam can be loosened, there could be a quick yield in higher output, which would have multiplier constraint-loosening effects on the economy as well as lead to higher savings, a critical prerequisite for reducing the domestic savings-gap and thus help reduced the unsustainably high CAD.
Top Indian generic drug makers look to US as patents end
They seek to profit from big-selling drugs going off-patent this year in the lucrative market.
RBI's curbs set to cut gold imports by a tenth
Gold import was 1,015 tonnes in 2012-13 and nearly 70 per cent of this was by this method.
PHOTOS: 350 Lamborghini cars on a grand tour
Setting off from Piazza Castello in Milan on May 8, the Lamborghini 50th Anniversary Grand Tour is the largest gathering ever of cars from the 'House of the Raging Bull' to celebrate the company's 50th anniversary.
Air trips get more expensive for travel-heavy passengers
Preferred seats also become costlier on IndiGo flights.
Mumbai among cities with most stunning SKYLINES
Can a mathematical formula capture the beauty of a city? You decide...
Rupee among MOST TRADED currencies in the world
Currencies are traded 24 hours a day every working day.
COLUMN: Five days below the poverty line
A look at the lessons learnt by the columnist in his experiment to whittle down the weekly food bill to sub-poverty levels.
Strapped for cash? AVOID these debt TRAPS
Cash on credit card and upfront money in exchange for future pension might sound tempting, but they carry enormous interest rates.
How India plans to FIGHT cyber ATTACKS
India would require about 500,000 cyber security experts by 2015.
New BOOK teaches children ABCs of Berkshire Hathaway
More than 1,000 copies were sold at Berkshire's annual meeting.
Refunds made by Sahara after Aug 31 'not good': SC
SC adjourns contempt plea to July 17; directs Sebi to start refunding genuine investors.
May 08, 2013
US Immigration Bill may harm Indian IT firms
The first killer provision in the Comprehensive Immigration Reform Bill is the ban on client site placement for H-1B workers.
Why India should WORRY about US' trade pacts in Asia
US is fast forging partnership with Asian countries. To grow its international trade, India needs to engage with the US urgently.
Toyota: Profit BOOMS amid low-risk rules
The company has exceeded the target president Akio Toyoda set two years ago: to make 1 trillion yen in annual operating profit, and do so with a 5 per cent margin.
Toys are not just child's play, it's big business in India
The toy industry in India is growing at a compounded annual growth rate (CAGR) of about 20 per cent.
Why CAG appointment procedure needs to be CHANGED
Currently, the appointment is at he discretion of the Prime Minister. It needs to be more transparent and non-partisan.
Tax evasion case: HSBC may face 'significant' penalty
The bank said it is cooperating with the US Department of Justice and the Internal Revenue System (IRS) in their probes into whether certain HSBC companies and employees acted appropriately in relation to certain customers with US tax reporting requirements.
MF accounts declined by 36 lakh in 2012-13
The last fiscal marked the fourth consecutive year of loss of folios by mutual funds.
World's 10 MOST ADMIRED technology companies
Technology firms dominate the Fortune list of 'world's most admired firms'.
Will Kishore Biyani's BIG GAMBLE work?
'Big Bazaar Profit Club' hopes to build loyalty amongst customers and get better prices from suppliers. Can it succeed?
The real moral FAILURE in the food security Bill debate
A meaningful long-run strategy to eradicate poverty would do more than a top-down distributive model.
Hyundai to launch four new models in 2 years
The company, which is slated to introduce a new compact car later this year, is also mulling taking on Maruti Suzuki's Dzire and Honda Cars India's Amaze with a new sub-four metre sedan.
Why travel agents are DEFAULTING on crores of payments
Airlines are cutting down commissions putting their business under pressure.
When AGING provides a business OPPORTUNITY
The aging of the population is creating market demand for new products and services at an unprecedented pace.
India's CHEAP food plans to prove COSTLY for government
Providing cheap rice and wheat to 67.5% population would raise subsidy bills 45% to up to Rs 1.3 trn, and the country.
Honda launches NEW variants of Brio
The upgrades include features like driver seat height adjuster and rear windshield defogger.
SOLAR plane: From San Francisco to Phoenix in 18 hours!
The solar-powered airplane from San Fransisco to Phoenix took 18 hours and 18 minutes on Saturday - and didn't use a drop of fuel.
Qatar Airways-IndiGo in code share talks
The civil aviation ministry has increased the seat capacity between India and Abu Dhabi from 13,000 seats/week to over 50,000 seats/week
India's economy to grow at 6.2% in FY14: NCAER
The economc research council has projected Centre's fiscal deficit this financial year to be 5% of GDP.
May 07, 2013
How Kerala is WOOING tourists from Middle East, Russia
Following the roadshows by the government, the Arabs are coming to Kerala for the treatment of lifestyle diseases.
India's growth story CREDIBLE, FinMin tells Moody's
Moody's wanted to learn from the Finance Ministry officials, the steps taken to check subsidy outgo and impact of the proposed right to food bill on the exchequer.
In PIX: America's pride, neighbour's envy
One World Trade center became the tallest building in the Western Hemisphere.
India could soon be heading for a GRAVE economic crisis
The exchange rate is substantially overvalued, economic growth had stalled, and the financial system is under stress.
What a TAXI ride COSTS across the world
New Delhi is among the cheapest cities to hire a standard cab.
DGCA norms soon to cap paid-for seats in flights
The move comes after the civil aviation ministry decided to allow Indian carriers to charge passengers for add-on services like their foreign counterparts.
World's 8 BIGGEST illegal businesses
Athorities all across the world, including in India, are continously taking steps to stop the flow of illegal businesses.
Why Bajaj RE60 is a BOON for public transport
The quadricycle would meet better emission and safety standards than the current three-wheeler does. And, it can give a better ride, particularly during the monsoon.
World's 12 BEST budget airlines
JetBlue Airways is ranked as the world's best budget airline.
Dizzying rise of Bansal family company
Pharma firm run by minister's wife, sons and nephews swiftly became a money-spinner, with prestigious clients.
Cheaper ways to COVER your loan: A few tips
When one applies for a loan, he/she is almost immediately offered an insurance policy to cover it. These are called Mortgage Redemption Schemes or Loan Protection Covers.
Embattled Sahara says it has paid back most investors
The unlisted company is seeking equity, debt infusion.
'Delhi MOST CREATIVE state in India'
The ranking is based on the population of 'creative class'.
M&M launches Bolero Maxi Truck Plus at Rs 4.43 lakh
Priced at Rs 4.43 lakh, the vehicles has a lower turning radius, stlish interiors and better payload capacity.
Why Galaxy S4 is the BEST smartphone despite the quirks
While other flagship products may be flamboyant and have a better build, the S4 quietly gets the job done.
Taj lays out red carpet of OFFERS this season
Corporate travellers can look forward to a plethora of offers with the 'Room for More' packages from Taj Group of Hotels.
Cobra stings again; SBI, LIC, 21 others 'EXPOSED'
Staff of PSU banks, bank aspirants also caught offering money laundering solutions in a new expose.
May 06, 2013
In PIX: Cars, planes made from scrap, and more
The Chinese have built submarines, planes from recycled materials and helicopters with wooden blades.
IMAGES: Amazing dams around the world
Hydroelectricity accounts for 16 per cent of global electricity generation.
VW launches India's most POWERFUL hatch for Rs 8 lakh
The car is appealing with its high-speed performance and great interiors, but the price tag might discourage buyers.
These 6 luxury cars will get a lot CHEAPER
Once customs duties are slashed, your dream to own a luxury car may become a reality.
How to rewrite India's GROWTH story
The RBI issued a fairly gloomy forecast in its monetary policy statement last Friday.
Follow your favourite business tycoons on Twitter
Warren Buffett is not the only businessman on Twitter.
How textile KINGS weave a hold on Bangladesh
As pay levels rise in traditional factory-floor nations, Bangladesh stands as a last outpost of cheap labour.
World's 30 BIGGEST banks
The Industrial and Commercial bank of China (ICBC) is the world's largest bank in terms of market capitalisation, profitability and customer deposits.
May 05, 2013
How India can RAISE $1 trillion for infra projects
The government needs to create a sustainable bond market and cut the fiscal deficit.
How your Facebook profile can FIND you a JOB
Recruiters have started evaluating candidates based on their social networking profile.
May 04, 2013
How to SELL India to the US
We need to create more effective programmes to show that life in modern India is not that different from life anywhere else.
Coke's Dehradun plan FIZZES over green fears
Village panchayat unanimously passed a resolution declaring it would not allow the MNC to go ahead with its plans.
Is Singapore LOSING its economic prowess?
For the first time in the history residents have turned against the government, raising dissent over high living costs and immigration policies.
Samsung launches Galaxy Note 510 TABLET at Rs 30,900
The tablet comes with 1.6 GHz quad-core processor and 2GB RAM.
May 03, 2013
Jaguar F-Type to debut in July; starts at Rs 1.3 crore
Will rival Porsche and is rumoured to carry a price tag of Rs 1.3 - 1.5 crore.
Boeing plans to build longest-range passenger jet
Analysts say the 777 is Boeing's most profitable plane, thanks largely to the 777-300ER, a 365-seat version that began operations in 2004.
World's first SILVER museum opens in Udaipur
It includes exquisite pieces ranging from beautiful objects used in rituals such as Ram Rewaris (portable shrine for religious deity), magnificent traditional royal transport like the haudah used for mounting elephants in religious, state and military processions.
Brand Airtel: Is there a wake-up call?
A third-party brand valuation is signalling an imminent threat but analysts say impact on the business is still some time away.
Gold ticks up, heads for second straight weekly gain
Spot gold rose $8.32 an ounce to $1,474.56 by 0624 GMT, well below a lifetime high around $1,920 an ounce hit in September 2011.
IMF warns of asset bubbles, middle-income trap in Asia
To avoid it, the economies need to improve govt institutions and liberalise rigid labour markets.
Stunning IMAGES: Inside a chocolate factory
Chocolate industry is a $50 billion-a-year business around the world.
RBI cuts rate; keeps CRR unchanged
The Reserve Bank of India on Friday cut short-term lending rate by 0.25 per cent.
IMAGES: Visit Google's amazing Munich office
Located in the heart of Munich, Google's office has a dazzling ambience.
Why it's DIFFICULT for India to manufacture chips
Infrastructure require for making chips is not available in the country.
Maruti to SHUN Fiat; working on TWO diesel engines
The company is setting up a diesel engine plant at Gurgaon, investing close to Rs 1,700 crore.
World's 20 BEST PERFORMING stock markets
Amid the volatile markets and price corrections, these 20 stock markets delivered good returns in 2013, according to CNN Money.
Honda OUTSHINES Maruti with Amaze bookings
The Amaze, Honda's first diesel car in India, has seen several buyers line up for test drives and dealers struggling to meet increasing demand.
May 02, 2013
Revealed! How Unilever PROFITS from HUL open offer
It borrowed cheaply in the West and now investing in high-earnings assets in India.
Micromax launches a 3D-enabled smartphone for Rs 9,999
The device does not require users to don the pesky 3D glasses to view the content.
Why critical illness policies are VITAL
Though costlier and fewer illnesses are covered, the breadwinner should have one with high sum assured.
Job watch: 10 nations BULLISH on hiring
About 27% of businesses globally expect to increase employment in 2013, down one percentage point from 2011 and below the pre-crisis level of 33%.
SPECIAL: What makes TCS tick?
The company is racing ahead of its peers even as other sectoral players feel the slowdown heat.
How Hyundai Verna TRUMPED the Honda City
Hyundai has hit pay dirt in India's sedan market, but Honda will strike back.
20 countries that give Indians VISA on ARRIVAL
Most stressful thing for most Indians planning to travel abroad is not the price of the ticket, but securing a visa.
10 nations facing a severe financial CRUNCH
Finance plays a key role in bringing the ambitious growth plans of dynamic businesses to life.
May 01, 2013
Car sales in India remain mixed in April
The new financial year started on a mixed note for car makers.
IMAGES: Fighting for Gold in Kyrgyzstan
Kumtor open pit gold mine, the world's second highest gold mining operation is at the centre of a controversy.
IMAGES: DC Design gives Renault Duster a SWANKY look
The SUV with swanky interiors can you yours for Rs 3.49 lakh, excluding the car price.
Special: How China is LENDING in the DARK
Chinese shadow banking totals only about $2.2 trillion.
New STATUS symbol of India's elite
Need to rustle up a four-course meal or hire a helicopter to find your pooch? Just get a butler.
Are you OVER-PAID or under-paid? Find out!
Monster India launches Monster Salary Index, in association with paycheck.in and IIM-A as research partner.
Why the Saradha mess is NOT a 'chit fund' scam
Erroneously labelling it a chit fund may unwittingly give this questionable company legal wings to fly.
Man who wants to DESTROY world's financial system
From North American gamblers to Indonesian housewives and Indian salesmen, all got hooked to Sergey Mavrodi scheme.
April 30, 2013
Petrol price cut by Rs 3 per litre
Earlier in April, the price was reduced by 85 paise per litre.
PIX: 20 most important women under 30 in tech world
Although the tech industry is dominated by men, but some women are revolutionising the tech world.
Why office gossip is a GOOD thing
Companies and employees can actually manipulate the flow of gossip to gain tactical advantage.
Why India DESERVES a rating upgrade
East European countries have better rating than India though their economies are not as stable as the latter.
Chit fund: Centre waking up way too late
Centre must share blame for Ponzi schemes with West Bengal.
World's BIGGEST producers of gold
China produced the most gold in world in 2012, making it the largest producer for the sixth straight year even as it remained the second largest consumer of the yellow metal after India.
Is India among the most socially ADVANCED countries?
When it comes to fulfilling basic human needs, some smaller countries score higher than the economic powerhouses.
RBI's dilemma: Should interest rates be CUTor NOT
RBI faces contradictory signals.
RIL earnings hinge on gas price review
Morgan Stanley, the global financial services company, says India's largest private sector company (by market value) might lose 11 per cent of its earnings per share in 2014-15 earnings estimates if gas prices remain at $4.2 a unit.
Indian firms in doublespeak on insurance FDI: WikiLeaks
US diplomatic cables say Indian partners might be actually lobbying against raising the FDI cap.
Infy, HCL Tech, Wipro among the GREENEST in BRICS
Brazil's alternative energy company, Cemig, tops the list of Environmental Tracking (ET) BRICS 300 Carbon Ranking.
Slowdown clouds hover over IT RECRUITMENT
IT firms across the board say engineering graduates this year are readily accepting job offers unlike in the past years, when they were far more choosy.
VERDICT: HTC One hits a home run
The phone is the king of Android hill at the moment, with great looks and software to match.
World's 20 BEST airlines
Business Insider has ranked the world's leading airlines on the basis of in-flight experience and the on-time performance.
Get ready to file TAX returns
Though the government is yet to notify the new form, begin with collating documents, checking interest certificates and tallying form 26AS.
April 29, 2013
Jet-Etihad deal: Curious case of missing aviation policy
In the absence of the aviation policy, all decisions in aviation sector are left to the whims and fantasy of the ministry.
IMAGES: Boeing 787 Dreamliner resumes flights
Ethiopian Airlines became the world's first carrier to resume flying Boeing Co's 787 Dreamliner passenger jets, landing the first commercial flight since the global fleet was grounded three months ago.
Tata Manza LOCKS HORNS with Honda Amaze
Competitors are feeling threatened with the initial success of Honda Amaze.
IMAGES: India's beautiful double decker trains
With the introduction of the Howrah-Dhanbad double decker express, India joined the big league of European countries that run air-conditioned double decker trains.
Bajaj hits back at Tatas, says RE60 not cheap car
Also said that the slowing demand for Tata's Nano shows consumers aren't looking for low-cost cars.
IMAGES: This is how an Apple iCar will look like
A car by Apple was one of Steve Jobs' biggest dreams that remained unfulfilled.
Chidambaram's DREAM runs into political HURDLES
Two long-stalled reforms are lifting FDI cap in insurance and simplifying land acquisition for factories.
It's boom time for RETIREMENT HOMES
Indians are increasingly craving ideal retirement homes, quite like their counterparts in the US.
What led to the gold's BOOM and CRASH
The direction of gold prices will depend on central banks, bullion banks and leveraged hedge funds.
Why you must AVOID exposure to POWER stocks
Corrective actions are required in the sector but it will only happen if things get really desperate
Top 5 Indian states HIT by banking FRAUDS
Maharashtra witnessed the maximum number of fraud cases relating to credit/debit cards and internet banking in 2012.
April 27, 2013
In Bengal's grey 'money market', Saradha is just one
Small firms raising deposits in disguise of advances for unknown projects referred to as money market companies in common parlance.
How the young Chinese SPLURGE
Rising disposable incomes coincide with a change in psychology among younger consumers - a shift that means when it comes to money and spending they are decidedly not their parents.
April 26, 2013
Ford EcoSport can give other SUVs a RUN for their money
Ford's compact SUV will challenge not only the entry-level utility vehicles but also the premium hatches and compact sedans.
The RISE and FALL of Bengal's biggest fraudster
In an 18-page "suicide note" to the Central Bureau of Investigation (CBI), Sudipta Sen has declared himself as the only son of Maa Saradha.
The DEPRESSING story of Saradha agents and investors
A look into the lives of a few Saradha agents who are left in the lurch by Bengal's chit fund scam.
Top 6 ultra LUXURIOUS hotel SUITES in India
Check out what makes them special and who have stayed in them.
Asus launches 7-inch Fonepad for Rs 15,999
An Android tablet, houses an Intel processor and has 3G connectivity.
20 countries with HIGHEST per capita income
India lags behind 132 countries in per capita income.
Volkswagen LOSES ground as Honda steps in
For 2012-13, while Volkswagen's sales in India declined 16 per cent Honda Cars India sales rose 35 per cent.
IMAGES: Travel in the world's longest bus!
AutoTram Extra Grand is considered the longest bus in the world.
Is it time to SELL the Jet Airways share?
There is no immediate benefit for shareholders from the Etihad deal.
ICONIC off-roader Mercedes GL Class to hit roads in May
The SUV has penned down success stories for its manufacturer on every soil that it ever set foot on.
Housing prices ZOOM in these cities
Housing prices have risen the most in the Delhi-NCR market during January-March quarter at an average 20 per cent among the seven major cities.
April 25, 2013
How Sahara Q Shop is DUPING investors
There is no end to fraudulent investment schemes in India.
Reviewers worldwide give THUMBS DOWN to Galaxy S4
They feel it's just an updated version of earlier Galaxy S3.
What HINDERS India's economic growth
Noted American economist Nouriel Roubini said India is not passing through stagflation but maintained that the prevailing conditions are "not ideal" for faster economic growth and cost of doing business is too high in the country due to "excessive levels of corruption".
How Jet shareholders stand to GAIN from Etihad deal
The deal will improve debt-equity to a manageable level of 3.8 and support its share price, thereby lessening the pain for shareholders.
Chevrolet Enjoy: GM India's ANSWER to Maruti Ertiga
It's cheaper than Ertiga and Innova and features more legroom than the two.
20 countries with the LARGEST foreign exchange reserves
Forex reserves include a country's gold holdings and convertible foreign currencies held in its banks, including special drawing rights and exchange reserve balances, with the International Monetary Fund.
Jet-Etihad deal will bring down air fares
The Rs 2,058 crore (Rs 20.58 billion) deal between Jet Airways and Etihad Airways will benefit passengers, as increased competition will bring down air fares, aviation sector experts said.
April 24, 2013
COLUMN: Know your city to set it right
India's cities are in poor shape and it is axiomatic that unless you have proper systems of governance in place working through the right kind of institutions, there is no hope for their uplift.
Indian IT companies HUNGRY for acquisitions
Infosys, TCS, Wipro and HCL Technologies are actively pursuing acquisitions to make up for slower growth in their traditional business.
Why good monsoon may NOT revive economy
India has more variations in soil type and climate than perhaps any other region in the world. Even during a normal monsoon season, many regions receive scanty rainfall while other battle with floods.
Maruti to debut SWANKY WagonR Stingray in India
Stingray is a sportier version of the WagonR with a more aggressive frontal styling and masculine cues in the rear.
Jet sells 24% stake to Etihad for Rs 2,060 cr
Etihad has been in talks for a 24 per cent equity stake in Jet, valued at around $300 million, ever since India relaxed ownership rules and allowed foreign airlines to buy up to 49 per cent in local carriers.
Reliance OPENS its purse to INVEST Rs 179,000 cr
Over the next five years, plans to pump money in KG DG, refining, petrochemical sectors, retail and telecom.
Shopping hotspots: India's 10 BIGGEST malls
Making shopping an enjoyable experience are its swanky malls with global and Indian fashion stores, super markets, restaurants, movie theatres and entertainment zones.
IMAGES: 30 amazing office spaces available for rent
Corporates want close-knit, all-encompassing and swanky offices.
COMPLAINTS: Which life insurer tops the list?
Leading private life insurers HDFC Standard Life, Bajaj Allianz and Birla Sun Life top the list of firms against whom consumers have filed complaints with sectoral regulator Irda for indulging in unfair business practices.
IMAGES: Oil boom in North Dakota
North Dakota is now the second-largest oil-producing state after Texas.
Tesco treads CAUTIOUSLY in India
Due to clauses on local sourcing and infrastructure investments, the world's third largest retailer has not been able to make much headway in India.
Planning to BUY insurance this year?
Wait till these are refiled as it will give you added benefits.
April 23, 2013
Microsoft India under I-T scanner
IT department reportedly sent notice to Microsoft seeking details of its income from Indian operations for four years beginning with the 2005-06 fiscal.
Good news! Employees may see 11.3% pay hike
India Inc is expected to offer average salary increments of 11.3 per cent this fiscal and those working in sectors like pharmaceuticals, health care and life sciences are expected to get a raise of 13.1 per cent.
Luxury carmakers chase India's young, female and frugal
Luxury carmakers in India are moving downmarket broadening their target market to include India's young, female and middle-class.
RIL signals start of GROWTH era
Production from its KG-D6 gas field is set to increase and the government is likely to revise gas prices.
Counting the costs of direct cash transfers
It is generally felt that DCTs are a more efficient system than, say, physical subsidies. This does hold when conditions are ideal and back-end structures are in place.
How chit funds have ROBBED investors in Bengal
The Saradha group's fortunes nose diving has not only put a scanner on other chitfund companies operating in the state, but has also reportedly put a question mark on TMC's rural vote.
Why India NEEDS politicians LIKE Margaret Thatcher
We need politicians like Margaret Thatcher, who can articulate economic solutions for the country rather than concentrating on politics alone.
COLUMN: All about Bengal's Saradha scourge
The collapse of a large deposit taker, the Saradha group, has brought protesting collection agents right to the doorstep of West Bengal Chief Minister Mamata Banerjee, whose government has given a free hand to such firms.
Why e-auction of radio stations may HAMPER the industry
As the government has adopted ascending e-auction for radio waves, there is a danger that players might end up overbidding.
20 countries with HIGHEST gold reserves
The global official gold holdings totaled 31,694.8 tonnes as of April 2013.
Buying houses worth crores? Check the rate charts!
If you are looking at buying real estate and your budget falls within this range, an idea about prevailing rates would come in handy.
What public transport tickets COST across the world
India offers one of the world's cheapest public transport fares.
Kirana store has better customer service than MNCs
Most MNCs do not deliver their lofty 'customer service' promises in India.
Vendor REVEALS details of the Tata Nano DIESEL
It's going to be an 800cc twin cylinder diesel engine with a rated power of 40.2 bhp.
IMAGES: Shoppers rush for gold as price crashes
With gold prices tumbling, retailers are witnessing a surge in demand and expect up to 50 per cent spike in sales volume during this marriage season.
Now, HEART patients can GET a health insurance
Chennai-based Star Health and Allied Insurance has launched Cardiac Care, a unique policy that covers people with heart ailments.
April 22, 2013
You are manipulating courts: SC to Sahara group
The Supreme Courts has pulled up Sahara Group and its chief Subrata Roy for not responding to the contempt plea filed against them by SEBI.
Why it's a GOOD time to BUY a luxury car
From Audi to Porsche, you can get a discount ranging between Rs 3 lakh and Rs 20 lakh.
IMAGES: Lumia 620 packs a punch
A mid-range entrant, Nokia's small wonder is a powerful smartphone that catches the eye.
IMAGES: World's largest double-deck tram fleet
The world's largest fleet of double-deck tramcars has been running from East to West of Hong Kong Island since 1904.
VW to soon launch India's most POWERFUL hatch Polo GT
Gear up for the most powerful hatch in the country until Fiat gets its Punto Abarth.
Lakshmi Mittal is NO more Britain's RICHEST
Mittal, now worth 10 billion pounds, saw the biggest fall in wealth terms.
10 tech trends that will DRIVE energy companies
Energy and utility companies are shedding their conservative approach to business. They have started adopting new technologies to be more efficient and to save cost.
April 21, 2013
Special: Why we end up paying HIGH road TOLLS
The most pernicious abuse of the toll system is the VIP syndrome. Most toll plazas carry a long list of VIP vehicles that are exempt from payment and others have to compensate for them.
Column: Will tax havens FALL APART?
2 Indians are among those who had parked their money in tax havens around the world.
Why Sterlite Industries is a disaster for Tuticorin
A series of controversies has dogged its copper plant in Tuticorin. But the company denies all allegations.
April 20, 2013
10 most ATTRACTIVE employers in India
The survey noted that in a market like India, where there is high attrition levels, employer branding is very important as it provides an advantage to attract and retain top talent.
World's top stock exchanges, NSE is No.1
The National Stock Exchange of India (NSE) has maintained its slot as the world's largest bourse in terms of volumes in equity segment for the first quarter of 2013.
April 19, 2013
I have given 25% of my wealth to charity: Premji
Wipro Chairman Azim Premji on Friday said he has already given more than 25 per cent of his personal wealth to charity, but acknowledged it's not easy to use money well in philanthropy.
Nissan Sunny CVT: How it holds against competitors
Nissan has introduced its own flagship sedan Sunny in an automatic avatar.
We think FY14 will be better than FY13: N Chandrasekaran
When big companies such as Infosys and Wipro are forecasting minor growth this financial year, TCS is all set to break the trend.
Why govt export schemes are INEFFECTIVE
India's exports need free trade and reform. The government, however, is extending failed schemes.
Reasons for the gold price crash
The World Gold Council (WGC) said the recent fall in gold prices was driven by speculative traders in the futures markets.
Wipro's Q4 profit up 17% to Rs 1,729 crore
The company's revenues rose by 13 per cent to Rs 9,613.1 crore (Rs 96.13 billion).
DC Design to give Renault Duster a MAKEOVER
After giving an extreme makeover to popular cars such as Toyota Fortuner and the Mahindra XUV500, DC Design is working on Renault Duster.
MILESTONES: The rise and fall of gold prices
Gold prices hit a two-year lows, the biggest one-day drop since 1983.
Nokia 720 HITS retail stores; COSTS Rs 18,999
Nokia's fifth smarthphone based on Window 8 platform is chic and offers decent performance compared to peers in its range.
World's 30 BIGGEST public companies
Let's take a look at world's 30 biggest public companies.
Two Indian airports among the world's BEST
The 2013 Awards are based on 12.1 million airline passenger nominations, and include 395 airports worldwide.
Has the time come to REVISIT your gold investment?
Indian gold prices have slipped below Rs 30,000 and still counting on the lower side.
Behind-the-scenes: How I-T dept is catching tax evaders
Here's how 250 tax sleuths are taking on corporate titans.
Apply online for PF transfer, withdrawals from July 1
Over 50 million subscribers of the retirement fund body EPFO will be able to apply online for transfer and withdrawal of their provident fund from July 1, a move aimed at speedy settlement of claims.
RBI finds 'aberrations' at ICICI, HDFC Bank, Axis Bank
The government said action would be taken against ICICI Bank, HDFC Bank and Axis Bank on the basis of an RBI audit report which has detected certain "aberrations", a month after the private banks were accused of money laundering by an online news portal.
April 18, 2013
Slowdown? These auto firms are BETTING BIG on India
Global auto companies are investing huge money to build infrastructure in the country despite the slowdown.
Focus on ease of doing business: Kris Gopalakrishnan
Raising the share of manufacturing from about 17 per cent to 25 per cent of GDP is necessary, says S Gopalakrishnan.
India accounts for 1/3rd of the world poor: World Bank
The report said that 1.2 billion people are still living in extreme poverty across the world.
REVEALED: Rajiv Gandhi's role in Boeing deal
Rajiv Gandhi met Indian Airline brass, was shown financial details against norms.
How China plans to SOLVE the energy riddle
China wants to turn coal in remote areas into gas and then pipe it to cities.
30 companies that are named after their founders
Let's take a look at 30 companies named after people.
World's most EXPENSIVE jewels sold at auctions
An extraordinary 34-carat 'Princie' diamond from the mines of Golconda in South India, once owned by the world's richest man - the last Nizam of Hyderabad fetched a whopping $39 million at an auction.
How Tesla made electric cars DESIRABLE
The company resurrected electric vehicle market with cars that are visually appealing and performance driven.
April 17, 2013
TCS Q4 net jumps 22% to Rs 3,597 cr
Helped by all-round business growth, country's largest software exporter Tata Consultancy Services on Wednesday reported 22.1 per cent jump in net profit at Rs 3,596.9 crore for the March quarter, meeting expectations.
India seeks PRECISION in monsoon forecasting by 2017
India has roped in almost all the world's major weather forecasters in its effort to accurately forecast monsoon rains in the next four years.
160 years of Indian Railways: Interesting facts
The first railway on Indian sub-continent operated over a stretch of 21 miles from Bombay to Thane.
Indian IT professionals welcome US immigration bill
Indian IT professionals in the US have welcomed the proposed immigration bill on several counts, particularly the Green Card, introduction of merit-based visa and increase in H-1B visa quota.
India and China will drive global growth: Chidambaram
The growth rate in India projected to be up to 6.7 per cent between 2013 and 2014, Finance Minister P Chidambaram said.
PIX: Reliance Industries closer to being No 1 retailer
Coming close to Future Retail, after 42 per cent revenue growth.
US immigration reforms to give fillip to Indian start-ups
Dubbed as Startup Act 3.0, the legislation would also enable such immigrant entrepreneurs by giving them permanent residency upon meeting certain requirements.
SPECIAL: Indian cos afraid to report cyber crime
Most cyber crime cases are settled by human resource department within closed walls.
COLUMN: Indians unwilling to set up productive cos
Devesh Kapur asks why FDI is not attracted to India - and why Indians themselves are unwilling to set up productive enterprises.
RELAX! Apps to de-stress you
The means to get rid of the stress is right in your pocket.
TEST DRIVE: How Porsche 911 FEELS on Indian roads
The Carrera 4S is a brilliant, every day, all-weather supercar that punches way above its weight and teaches you the finer nuances of what makes a good car great.
LuLu Mall: An AMAZING shopper's paradise
Kerala's financial hub, Kochi is now home to one of India's largest malls.
Google Nexus 7: VALUE for MONEY tablet
While you can buy the basic model for Rs 15,999, the 3G model is priced at Rs 21,999.
April 16, 2013
SBI sees no stress in gold loan portfolio
Gold prices have dropped, but still they are above 70 per cent of the peak value.
RIL's net jumps 32% to Rs 5,589 crore
RIL, which operates the world's biggest refining complex at Jamnagar in Gujarat, reported a net profit of Rs 5,589 crore (Rs 55.89 billion) in January-March as against Rs 4,236 crore (Rs 42.36 billion) in the same period a year ago.
Bugatti Veyron is the world's fastest car, again!
Bugatti's record set back in 2010 is official all over again, after having its world record for fastest production car thrown into question by a competitor and put under review by Guinness.
How TAX sleuths are TARGETING car makers
MNC auto firms that sold cars below cost, at a loss, thereby paying lower excise duty are prime targets.
Hotels check out new strategies for growth
As reservations plunge, hotels are boosting their banqueting and restaurant business to make up for losses.
REVIEW: Nokia Lumia 820 vs. Sony Xperia ZL
Find out if the cheaper siblings of Nokia Lumia 920 and Sony Xperia Z are worth the moolah.
Subhash Chandra launches Rs 1,000-cr realty fund
Rs 40 crore already deployed in a residential project in Chennai.
India among nations with cheapest petro products
Lowest prices of key petroleum products were found in Venezuela & Egypt.
Price watch: Where iPhone is CHEAPEST and COSTLIEST
Global sales of smartphones is likely to cross the billion-unit mark in 2014.
Renting out your house? Here's a CHECKLIST
Considering the increasing property values, renting out a place and staying on rent could both help save big sums of money.
10 BIGGEST employers in the world
Let's take a look at 10 organisations, including government ones, that employ most workers in the world.
Jewellery sales zoom, gold to FALL further
Retailers are witnessing a surge in demand and expect up to 50 per cent spike in sales volume in this marriage season.
April 15, 2013
Petrol price cut by Re 1 per litre
This is the third reduction in rates in one month.
Gold loses sheen, crashes to over 15-month low
Gold prices fell due to persistent selling by stockists triggered by a heavy sell-off in global markets.
Discussing salary still an office TABOO
A majority of workers globally admit they are not only uncomfortable discussing their salary, but also talking about vacation, sick time and bonuses with their co-workers, the study found.
An economic DISASTER is brewing in India
Rising CAD, low growth & inflation may spark off an economic crisis in India.
Dzire Regal: Maruti's ANSWER to Honda Amaze
The limited edition Dzire 'Regal' variant will be priced at Rs 5.60 lakh.
IMAGES: Honda plans smaller diesel engine for India
Japanese major's idea part of strategy to double sales in emerging markets by 2017.
Birla, Tata review use of parent branding for bank
Brand name of the proposed bank has to be sent to RBI by July 1.
PIX: What Infosys needs most is a culture change
The impact of Infosys' results for the fourth quarter of 2012-13 has been dramatic.
COLUMN: How to prevent future slums
Many people's groups have taken up the cause of Mumbai's slum dwellers, especially since the city municipal authorities set up the Slum Rehabilitation Authority.
Top states for corporate investments: Gujarat is No. 1
The private sector accounts for over 62 per cent of the total outstanding investments attracted by India worth about Rs 122 lakh crore as of December 2012.
Winners and laggards: Top smartphone makers globally
While Samsung and Apple remain the leaders, LG pushed HTC to the fourth spot becoming the world's No. 3 smartphone maker.
20 BIGGEST wine-producing countries
Let's take a look at some of the biggest wine-producing countries.
India FALLS in global Internet freedom rank
Let's take a look at Internet freedom in India and around the world.
11 countries that provide MOST financial aid
Let's take a look some of the most generous countries.
April 12, 2013
Infographics: Infosys DASHES investors' hopes
Infosys Ltd forecast full-year sales growth that missed analyst expectations by a margin of up to 50 percent, dimming investor hopes that India's No.2 software services firm will soon start reaping the benefits of its strategic revamp.
Samsung unveils LARGEST smartphone yet: Galaxy Mega
From May, the company will start selling the Galaxy Mega phablets that come with 6.3-inch and 5.8-inch displays.
Infosys results, outlook DISAPPOINT analysts
Forecast of single digit growth this financial year worries analysts, as other firms have provided better outlook.
Infosys records BIGGEST single day fall in 10 years
Shares of Infosys on Friday fell sharply by nearly 20 per cent, wiping off Rs 30,943 crore (Rs 309.43 billion) from its market value, as investor sentiment turned bearish on lower-than-expected revenue growth for the current fiscal.
Infosys profit rises 3% to Rs 2,394 crore
Consolidated net profit for the fiscal fourth quarter ended March 31 was Rs 2,390 crore.
Indian job seekers among most PESSIMISTIC
Let's take a look at the job situation in India and across the world.
20 countries that have MOST Internet users
Let's take a look at countries that have most Internet users.
Revealed! Nissan to SELL Sunny AT for Rs 8.92 lakh
The car's automatic avatar is more fuel-efficient than the manual variant, and gives 17.97 kmpl.
Nokia launches cheapest colour phone in India
Mobile phone maker Nokia announced the launch of its most affordable handset -- Nokia 105 -- in the Indian market aimed at first time buyers.
April 11, 2013
Lagarde outlines steps to avert future global crisis
Christine Lagarde recently gave a speech in which she outlined steps needed to avoid future global crisis.
Cobrapost expose: RBI to take ACTION against banks
The country's three largest private banks -- ICICI bank, HDFC Bank and Axis Bank -- were last month named by online portal Cobrapost for indulging in money laundering.
Honda launches Amaze starting at Rs 4.99 lakh
While petrol starts at Rs 499,000 and goes up to Rs 760,000, the diesel variant is priced between Rs 599,000 and Rs 760,000.
Sahara victimised, but won't give up: Subrata Roy
Roy was summoned by the market regulator Sebi on Wednesday to ascertain details of his personal and two company assets that could be sold to generate over Rs 24,000-crore (Rs 240-billion) worth funds required to be returned to the investors.
How industrial waste is polluting Sundarbans' ecosystem
The research, conducted by a group of scientists from Calcutta University and Techno India University, says there has been a steady increase in the percentage of toxic heavy metals leading to the gradual deterioration of water there.
Why Karachi is among the world's BEST stock markets
Pakistan's chaotic financial heart is home to 18 million people, Taliban bombers, contract killers - and one of the world's most successful stock markets.
7 websites to get FREE books for your tablet, e-reader
Get contemporary as well as classic books for free at these websites.
Why India's welfare plans are anti-poor
When one part of the government comes out with a serious and objective piece on how the government itself has been responsible for creating food inflation, hopefully the government is more likely to take note.
How much PETROL costs around the world
There are places on earth where petrol is cheaper than water.
PIX: 14 AMAZING corporate headquarters in the world
Let's take a look at 14 spectacular corporate headquarters around the world.
20 BUSIEST container ports in the world
Let's us have a look at the world's busiest ports.
World's 30 economic SUPERPOWERS
The International Monetary Fund (IMF) has cut down its 2013 forecast for global economic growth to 3.9 per cent from the 4.1 per cent, trimming projections for most advanced and emerging economies.
Honda to develop entry-level SMALL CAR for India
The will be cheaper than Brio and compete with Maruti Alto and Hyundai Eon.
April 10, 2013
How small farmers are REVOLUTIONISING agriculture
Droughts and declining productivity of staple crops are turning farmers to short-duration vegetable crops. The movement has made India second largest producer of vegetables.
Subrata Roy, 3 others appear before Sebi
The Sahara's is a high-profile refund case involving an estimated Rs 24,000 crore (Rs 240-billion) payment to over three crore (thirty million) investors.
How Sikkim's flower industry is BLOOMING
Sikkim's tryst with floriculture marks a new beginning for small growers, but poor market access and a flush of imported breeds may mar its sustainability.
Special: World's 30 SAFEST banks
The safest banks are those that have shown their strength in times of turbulence.
Domestic car sales down 22.51% in March
Total sales of vehicles across categories registered a fall of 7.76 per cent to 14,86,522 units in March 2013 against 16,11,525 units in the same month of 2012, it added.
BUY your own private ISLAND for Rs 1 crore
Your dream of having a home surrounded by aquamarine waters in the Caribbean or French Polynesia can turn into reality.
20 BUSIEST Metro stations in the world
Let's take a look at some of the busiest Metro stations in the world.
10 cities with MOST congested TRAFFIC
Let's take a look at 10 cities where travelling is most time consuming.
Credit cards: CASH back vs. REWARD points
It makes sense to go for a cash back card only if you are a big spender, otherwise the benefits are almost equal.
April 09, 2013
How Sterlite copper plant POLLUTED Tuticorin
The residents of Tuticorin claim that pollution from Sterlite smelter has affected their health and environment, and farmers and fishermen have lost livelihood.
Health insurance rates across the world
United States has the highest health insurance cost at $5,615.
Narendra Modi's growth mantra for India
Lauding West Bengal's development, Narendra Modi said Bengal will make the eastern part of the country powerful.
Delhi among most EXPENSIVE cities to own a car
Let's take a look at some cities, including one from India, where owning a car in an expensive expenditure.
ANALYSIS: Future of Ambani brothers' telecom deal
The network sharing agreement is the start of a new era of partnership between the brothers. More deals on sharing towers and intra-city fibre network are likely.
A fight to protect Amazonia from oil extraction
The curse of oil has brought in roads, pipelines, settlers and the inevitable devastation along with displacement, disease and death.
How Sanjay Gandhi's aviation business plan FAILED
Cables released by WikiLeaks name Sonia, Sanjay Gandhi as board members of firms that lobbied with US Embassy to connect with aircraft makers in 1976.
India is the CHEAPEST major economy in the world
A litre of petrol costs $1.38 (Rs 75.28) in India while its costs $2.08 (Rs 113.46) in United Kingdom and $2.27 (Rs 123.83) in Hong Kong.
How salary hike AFFECTS your tax outgo
If your salary structure is heavy on reimbursements, it will increase your net salary and reduce the tax burden.
April 08, 2013
Power games: How Adani shifted base and claimed relief
The company proposed to move site for supply to Gujarat from Korba to coastal Mundra within 10 days of signing PPA.
Dialling luxury: World's most EXPENSIVE mobile phones
It takes 700 hours to make a single unit of the Ulysse Nardin Chairman phone.
Why Infy, Wipro will NOT set up campuses in West Bengal
The West Bengal state government has delayed project approvals. And now, the IT giants may look at other states as the centre is thinking of giving sops to SEZs
Images: World's FASTEST electric SPORTS car
A US-based startup has unveiled an electric sports car that costs Rs 74 lakh and has a top speed of 250 kmph.
Made-in-India SUVs to burn rubber abroad
Global automobile majors are looking to leverage India's cost-competitive manufacturing practices and turn the country into an export hub for utility vehicles.
Special: India's BEST cities to live in
Bad roads, poor transport facilities, large scale pollution and lack of clean water and power supply are the main problems every in Indian cities.
Why petrol prices are high in India
Almost 38 per cent money goes to the state and central government of every litre of petrol you purchase.
How banks and MFs are doing ILLEGAL transactions
Banks and mutual funds in India are earning abnormally high returns in money markets by breaching Reserve Bank of India rules forbidding forward trades.
20 BIGGEST rice producers in the world
Let's take a look at some of the major rice producers in the world.
20 STOCKS that can give HUGE returns
The Sensex is likely to gain 12 per cent this year, says a Citigroup report.
April 06, 2013
New BMW 7 Series to HIT Indian roads in April
BMW is all set to launch the new version of its flagship 7 Series car in India. Traditionally, the company introduces technologies and themes first in this car, and later add them to other models. The refreshed 7 Series features new hardware for the iDrive system, redesigned leather seats and individual 9.2 inch screens for rear passengers among other changes.
April 05, 2013
This book junks some of innovation's most toxic myths
How Stella Saved the Farm reflects the classes that Govindarajan, a Dartmouth business professor, has been offering to top executives in America.
Why these Delhi hotels are LOSING crores every month
Security concerns prevent the largest hotel project in the country to take off.
Can G V Prasad FILL IN Anji Reddy's shoes?
G V Prasad is elevated as chairman of Dr Reddy's Laboratories, a position held by the late K Anji Reddy, and he has big shoes to fill.
Facebook's NEW phone app, a threat for Google?
Facebook Inc on Thursday unveiled its most ambitious attempt yet to enter mobile computing without a phone of its own, introducing a new app that replaces the home screen on some Android smartphones.
PIX: These INDIANS have made it to the TOP at Google
Let's take a look at seven Indian-origin people in prominent positions at the Internet search giant.
10 airport hubs that see MOST TRAFFIC
Let's take a look at some of the busiest airport hubs in the world.
Revealed! 3 CARS Hyundai is developing for India
The company plans for a small car, a compact SUV and an MUV.
IMAGES: Stunning Audi R8 V10 Plus hits Indian roads
So far as the price of this powerful four-wheeler is concerned, Rs 2.05 crore is the figure.
SPECIAL: Mobile phone is 40 years old!
When engineer Martin Cooper made the first landmark phone call from this first rudimentary mobile phone, he would never have imagined that after 40 years, mobile phones would facilitate almost all imaginable services to the mankind.
IMAGES: Mahindra Reva plans more electric cars
Mahindra has been keen on bringing to market cars that would redefine the 'future of mobility' in India.
April 04, 2013
Audi R8 V10 plus launched @ Rs 2.05 crore
With this second addition to the R8 family in 2013, after the launch of new Audi R8 V10 in January, Audi now offers a whole range of R8 options in India, Audi said in a statement.
The amazing One World Trade Center's Observation Deck
Standing tall at height of 1,776 feet, One World Trade Center will be the tallest building in the Western Hemisphere when it is completed.
Why foreign investors are LOSING faith in Vietnam
Foreign investors are losing faith in Vietnam, which was sought-after destination just three-four years back. Due to slow reforms and rising corruption the growth in foreign investments has turned negative.
Data service: Telecom operators' next BIG BET
The RIL-RCOM deal is an indication of telecom sector's future. As the mobile subscriber numbers plateau, telcos need to look at alternate stream of revenues, and data services will be the key to their growth.
India has grown faster under UPA: Rahul Gandhi
In his first interaction with India Inc, Rahul Gandhi said the politics of alienating communities is affecting growth.
World's BIGGEST companies run by WOMEN
Women account for less than 5 per cent of the CEOs in S&P 500 companies.
PICS: Why Indians find this Dubai property irresistible
DAMAC Properties is launching phase two of a $1 billion project of luxury hotel and serviced residences to Indian investors.
10 nations where most businesses will offer salary hikes
Employees in Latin America (86%), the Nordic region (84%),North America (79%) and South EastAsia (75%) are most likely to get a pay rise in 2013.
Honda Amaze is the MOST fuel-efficient diesel CAR
Honda's first diesel car in the country, Amaze, will give a mileage 25.4 kmpl. It is also more powerful than Maruti Swift Dzire and is expected to sell at an aggressive price tag - starting at Rs 600,000.
IMAGES: Best smartphones available in the market
Let's take a look at some of the best available mobile phones.
April 03, 2013
Obama's $100 mn BRAIN project to beat India, China
President Barack Obama has unveiled an ambitious $100 million project to unlock the "enormous mystery" of the human brain.
NEW Google Nexus 7 tablet to HIT the market by July
Google is planning to sell the next-generation Nexus 7 tablet from July that will feature Qualcomm Inc's Snapdragon processor. It is expected to retain the aggressive pricing.
War and peace: AMBANI brothers through the years
After being at loggerheads for 8 years, Ambani brothers have sealed a Rs 1,200-crore (Rs 12-billion) deal wherein Mukesh will use his younger sibling's optic fibre network for launch of his telecom venture.
5% economic growth disappointing: PM
Returning to 8 per cent growth needs speedy, decisive government action, the Prime Minister added.
What you need to know about LTA
If you don't use the two LTA exemptions by December 2013, one can be availed of in 2014-17.
STUNNING cars you would love to drive!
From fuel efficient cars to million dollar super cars, the New York Auto Show has something for everyone.
IMAGES: World's costliest billionaire homes
The world's most expensive billionaire home is in Mumbai.
The world's BIGGEST beer guzzler
Let's take a look at some countries that consume most beer.
Why the food security bill will NOT help the POOR
'Food security' will, unfortunately, become a giant boondoggle.
How to SAVE more, invest wisely this financial year
Steps like depositing the entire PPF amount before April 5 or preparing a household budget will ensure this financial year goes well.
Auto awards: BEST CARS in the world in 2013
Sixty-six auto journalists from 22 countries rate the best cars in the world. Here are the winners of World Car Awards for 2013.
April 02, 2013
Ambani brothers join hands for telecom biz
Under the pact, Mukesh Ambani-led Reliance Industries' telecom arm will hire nationwide optical fibre network of Reliance Communications for the roll-out of 4G services.
Indian women pros ahead of those in the West
This is besides succeeding at the difficult balancing act that confronts the vast majority of working women around the world, head of a non-profit think tank Center for Talent Innovation has said.
APPS that help you MONITOR children's Internet use
With smartphone and tablet users getting younger, Here are few apps that can help parents of 2-to-13-year-olds monitor and control their children's use of the Internet.
PIX: Solar-powered plane gears up for an exciting tour
The path breaking solar-powered plane is making final preparations for a flight across the United States.
Maruti's sales in March fall 5%; rise 3% in FY13
For the entire 2012-13 financial year, however, the company's total sales increased by 3.33 per cent to 11,71,434 units from 11,33,695 units in 2011-12, Maruti Suzuki India said in a statement.
FASTEST growth periods of India, and 9 Asian nations
Let's take a look at 10 Asian countries and their fastest growth periods in the past 30 years.
Will Aakash SUCCEED even as it FAILS?
Aakash is now two years beyond its initial delivery date.
Countries with HIGHEST number of CARS in the world
Economic slowdown and the high prices of fuel notwithstanding, car ownership across the world has been rising steadily.
How govt banks aided the RISE of CRONY capitalism
Government banks have repeatedly failed to take quick action against defaulters. They only raise an alarm when the loan turns into a non-performing asset. A fitting example of this attitude is Vijay Mallya's Kingfisher.
The success story of Kerala's Startup Village
With plans to create 1,000 product firms in 10 years, Startup Village in Kerala is set to leave a mark on India's IT landscape.
April 01, 2013
Petrol price cut by 85 paise per litre
Petrol price was on Monday cut by 85 paise per litre with effect from midnight tonight, the second reduction in rates in two weeks.
Auto majors post mixed results in March
Automobile sector posted mixed results in March with some registering moderate to big jump in sales while others scored low as far as sales are concerned.
Why China's CURBS on property buying will NOT work
To cool the real estate market, putting curbs on property buying will not work. There are many loopholes in China's monetary policy that would again lead to rise in real estate prices. The country first needs to address this weakness.
India's biggest airlines: IndiGo is No.1
Domestic air traffic in the first two months of this year fell by 3.57 per cent compared to the same period last year.
How Dharavi garment worker became a celebrity shoemaker
True-life story of Dharavi's garment worker, who now makes shoes for Kajol, Abhishek Bachchan, Hrithik Roshan, Ranbir Kapoor and international stars like Kylie Minogue. His scale of business: A 120 sq ft plot and eight employees.
images: How to ensure good resale value of flat
Potential buyers appreciate basic furniture fixtures in the kitchen and living room and are likely to pay a premium for such ready-to-use services.
World's most EXPENSIVE energy projects
Kashagan oil field is the world's most expensive energy project.
How India can ensure fuel security
The one fact of life that will be unchanged into the foreseeable future is that India will remain hugely import-dependent for energy, while rival countries are booking sources of supply, or blocking other sources through trade embargoes.
PICS: Jewellers woo consumers and banks
Jewellers are also focusing on designs to attract customers.
IMAGES: 6 most controversial advertisements
Is this creativity, or just cheap stunts to grab attention quickly?
PIX: Will real estate Bill create consumer comfort?
Real estate business and market have so far been the monopoly of promoters, developers and builders.
Cyrus begins transition at Tata Group
People who attended the celebrations said the sincerity and passion, besides absence of smart one-liners, reminded them of his predecessor.
IMAGES: Google's Glass thrills but chills
With Glass, suddenly Google has become the hot new name in what is to be the rage of the future - wearable computing.
Performance is Jaguar's new spearhead
Driven by demand for SUVs globally, Land Rover continues to ride a wave of success, on the back of a strong product line-up, design as well as technologies.
8 BIGGEST insurance LOSSES in the world
Let's take a look at eight biggest insurance losses in the world since 1970.
Audi's FASTEST car to HIT Indian roads on Apr 4
Finally, Audi is set to launch the R8 in India. The car accelerates from 0-100 kmph in 3.5 seconds and can achieve a top whack of 317 kmph.
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