March 14, 2014SC notice to Centre, Ranbaxy on plea for cancelling its licence
Agreeing to examine the allegations, a bench headed by Chief Justice P Sathasivam, however, refused to pass any interim order for restraining the company from manufacturing drugs.
The man behind Quikr's success story
When Quikr.com, a Mumbai-based online and mobile classifieds firm, recently raised Rs 550 crore ($90 million) from foreign investors, the company drew attention like never before.
Lay-offs: When will the tide turn for India Inc's job market?
Blue chip Indian companies are letting go human resource to attain cost-efficiencies.
Some respite! Inflation eases to 9-month low of 4.68%
Food prices rose 8.12% year-on-year last month, slower than an annual rise of 8.80% in January.
7 expensive Mumbai mansions billionaire tycoons bought
Mumbai's property market stumps you with eye-popping deals on heritage assets.
Visit Kerala's Technopark, the biggest IT hub in India
The IT hub, Technopark in the state capital Thiruvananthapuram is now the biggest IT park in India with a total built up area of 7.2 million square feet.
Another controversy haunts the Sahara parivar
Battling a long-drawn legal tussle with Sebi, conglomerate Saharas claim to have as many as 4,799 establishments under its fold, but its 'Chief Guardian and Managing Worker' Subrata Roy holds board seats on just a handful of registered group companies.
Secretive 24-year-old is world's youngest billionaire
A secretive 24-year-old woman tops the list.
Maruti Alto is the world's best selling small car
It beats popular cars such as Volkswagen Gold and Toyota Prius.
Tata Global's vision: Aggressive biz models, tie-ups overseas
Tata Global Beverages has set out on a journey to become a global leader in branded beverages through innovation, strategic acquisition and organic growth.
4 infra stocks that have become darlings of D-street
L&T, Engineers India, IRB Infra & VA Tech Wabag have strong balance sheets, beside good earnings visibility. And this makes them a favourite amongst the trader community.
Is employee attrition the biggest challenge for Infosys?
Senior exits and across the board attrition have started affecting the company's ability to grow business
Air India may re-induct 13 sacked flight attendants
Sacked staff say the were misled, have agreed to all guidelines put forth by the company.
China growth concerns and Ukraine standoff spook markets
Benchmark indices down 0.7% with private banks leading losses.
March 13, 2014Nokia to roll out X+, XL in Q2
Nokia India on Thursday announced to roll out Android-based smart phone 'X', with a price tag of Rs 8,599.
BSE: Top losers and gainers
The 30-share Sensex shed 82 points or 0.4% to close at 21,775 levels and the 50-share Nifty was down 24 points or 0.4% at 6,493.10 levels.
Murthy concerned over decline in Infosys' growth
The Infosys co-founder, who was brought back to head the firm in June last year, also expressed unhappiness over the laggard performance in the last two years.
Rajan unlikely to cut rates on April 1
Foreign brokerage HSBC said emergence of pleasing data and the likelihood of RBI holding its key rate on April 1, should not lead to believing that the rate tightening cycle is over.
Boeing in talks with India airlines on 737 MAX jet
This is an increase from a Boeing forecast last year of 1,450 new airplanes worth $175 billion.
No respite for Subrata Roy as SC denies bail
The hearing was adjourned to March 25.
Maruti drives in special edition Swift Dzire
The car is priced at Rs 686,000.
The thorn in India-US business ties
The challenge for India will be to ensure the law does not get out of step with the demands of a country that needs foreign investment and new technologies.
This iconic Mumbai bungalow likely to fetch Rs 280 crore
Mumbai may see the most expensive real estate deal mid this year.
Infosys paints gloomy outlook for Q4
Company's ADR fell 7% on Nasdaq after CEO Shibulal's comments.
Can Modi rescue the Indian economy?
Even if Narendra Modi comes to power, the revival of sustainable growth is far from certain.
Is India better than other fragile economies?
Among the 'Fragile Five' currencies as defined by Morgan Stanley, the rupee has emerged as the biggest gainer since August 28, 2013.
Infosys drags markets; Sensex sheds 82 points
IT major Infosys crashed 8.5 per cent to 3,357.50 on reports that the management expects sluggish growth in January-March quarter in the current financial year.
What went wrong with Tata Motors?
The company whose sales slumped 37 per cent in the nine months to December hopes to stem the tide with a slew of launches starting with the Zest and Bolt.
Why is Dalal steet influenced by upcoming elections?
Marketmen want to make the most of volatility caused due to elections.
Why wealthy Indian maharajas don't make it to billionaires' list
Little-known stories of royal families losing their wealth.
CEO denies Shiv Nadar selling stake in HCL Tech
Last month, a Wall Street Journal report said Nadar planned to sell his stake worth $10 billion (or about Rs 61,000 crore, based on Wednesday's stock price of Rs 1,458.95) and was scouting for potential buyers.
Why Indian managers are top draw for global companies
Humble attitude, capacity to adapt to complex situations make Indian managers much sought-after.
India to slash Iran oil imports
India, with the increases already made in the January-March loading plans from Iran, has to cut its purchases of the crude to about 110,000 barrels per day.
Big Pharma still betting on 'messed up' Indian drugs market
The two top foreign players, Abbott Laboratories and GlaxoSmithKline Plc, are actually stepping up investment into India.
Hyundai Xcent is cheaper than Maruti Dzire, Honda Amaze
This can spark off a price war.
Series: 'Next goverment's biggest challenge is to create jobs'
Our ways of working lack innovation and our thinking is bureaucratic. Policy paralysis will continue, Mudit Jain, executive director of DCW, told Rediff.com's in an exclusive interview on the Indian economy.
Many Sahara real estate projects still on drawing board
Of the 10 projects under Sahara City Homes, at least four -- in Ahmedabad (Gujarat), Aurangabad and Pune (Maharashtra) and Bareilly (Uttar Pradesh) -- have either not taken off or are stuck.
March 12, 2014BSE: Top gainers and losers
The 30-share Sensex ended 30 points at 21,856 and the 50-share Nifty ended up 5 points at 6,517.
Hyundai launches Xcent sedan at an unbelievable price
The car starts at Rs 4.66 lakh.
Will this city be Australia's Silicon Valley or its Detroit?
Australia largely avoided the turmoil of the global financial crisis by leveraging Chinese demand for its abundant natural resources.
Sahara gets unsolicited offers for prized hotel assets
Embroiled in a major crisis back home, Indian conglomerate Sahara has got unsolicited
SPECIAL: How Yash Birla won one of life's toughest battles
On a Prayer is a book on Birla's journey from a state of oblivion to survival, where his deep belief in spirituality and his faith in true love act as a crutch for him to go on.
Has Subrata Roy's arrest hit sales at Q Shop?
Selling anything from packaged food to home appliances, these kiosk-like shops have sales of Rs 40,000-Rs 50,000 a month in a busy locality, with 25-30 customers a day.
World's 15 richest tech billionaires
While Bill Gates tops the billionaire charts, Mark Zuckerberg is this year's biggest gainer.
Debunking the Indian economy machine
The first of a 4-part article on how the Indian economy functions, and the problems it faces.
Will the Supreme Court release Subrata Roy?
The Supreme Court will hear Subrata Roy's plea against his detention on Thursday.
Gujarat's labour law not industry-friendly: Survey
The government of Gujarat has been projecting its industrial growth as a model for other states but it does not appear so industry-friendly in the number of labour laws one needs to comply with, shows a survey.
Deepika Padukone, the highest paid female brand endorser
Even after increasing her fees, the daughter of badminton star Prakash Padukone poses a challenge to Kareena Kapoor and Katrina Kaif.
Markets end flat ahead of Jan IIP, Feb CPI data
Markets end flat ahead as investors turned cautious and booked profits ahead of Jan IIP, Feb CPI data.
Reasons behind India's poor show in exports
The fall in exports is a product of poor policy from the RBI and laziness from the Centre.
Revealed! Datsun Go to be priced between Rs 3 and 3.8 lakh
The company had started bookings for the hatch for Rs 11,000.
Fitness trainers who keep Ambanis, Birlas, Piramals in shape
Billionaires pay trainers up to Rs 5,000 per hour to keep them in top physical shape.
14 Indians in WEF's Young Global Leaders class of 2014
Out of the 214 Young Global Leaders who were honoured for leadership and service to society, 109 are women.
Good news! SpiceJet, IndiGo offer huge discounts on tickets
In a bid to cash in on upcoming summer holiday season, low-cost carriers SpiceJet and IndiGo on Tuesday launched the fourth round of price war in the bleeding aviation sector, offering massive discounts on tickets.
NRIs on short trips barred from gold imports
Shipments to take further hit.
What's keeping the FIIs interested in India?
Foreign inflows into the equity market appear to be chasing the prospect of a supposed game-changing BJP election victory, with the party's strong performance in recent state elections boosting these hopes
Now, Sahara seeks truckloads of opinions
Sahara has asked its employees and associates to reach out to 12 million people and conduct a survey.
March 11, 2014BSE: Top losers and gainers
The 30-share Sensex shed 108 points or 0.4% to close at 21,826 levels after hitting an intra-day low of 21772 and the 50-share Nifty recovered from its day's low of 6,494 to close at 6,512 levels, down 25 points or 0.4%.
Malaysia Airlines has one of Asia's best safety records
Malaysia Airlines, the operator of Flight MH370 that went missing en route from Kuala Lumpur to Beijing on Saturday, has established a record as one of the Asia-Pacific's best full-service carriers in terms of safety and service.
Investing in stocks? Be smart, be safe!
Don't rush to buy or sell aggressively. At best, exit stocks and mutual funds performing badly if there are profits.
All-new Tata Aria launched at Rs 9.95 lakh
The new model is also more fuel efficient and returns 15.05 kmpl mileage.
Google's Nikesh Arora to get $3.5 mn bonus
Internet search giant Google's India-born Chief Business Officer Nikesh Arora will receive a bonus of $3.5 million, the highest amount paid to a top executive at the company for performance in fiscal year 2013.
Is the tide turning for cyclical stocks?
Analysts expect momentum to continue but say a progressive govt will be key
Why 'Post Bank of India' is not a workable idea
The prospect of India Post turning into a bank sounds like a capital idea, especially since we are talking about inclusive banking.
7 women make it to Fortune India's 40 under 40 list
The list comprises entrepreneurs and professionals aged 40 and less as of December 31, 2013.
What do India's Swiss banks do?
These companies are not registered with RBI or the Securities and Exchange Board of India, the key agencies regulating the financial markets.
The 10 most FUTURISTIC cities
Some cities today are using technology to fight crime by installing systems that can detect gun shots and biological weapons.
Coming soon: WagonR, Alto K10 with automatic gears
The AMT technology essentially allows a driver to drive both in a fully automatic mode or in a partially-automatic mode.
Is there hope for Maruti's protesting shareholders?
The question in Maruti's relationship with its parent company, Suzuki, is whether the Japanese company intends to treat its minority Indian shareholders fairly.
Indian market costliest among BRICS nations
Difference between India and other BRICS nations has increased recently as India heads into elections and investors hope the next five years will bring in growth
Over 50% jump in ticket rates for premium Jammu train
The booking of tickets for the Premium special train for Jammu on Monday drew a good response with the dynamic fare system in place for the same seeing a more than 50 per cent jump in the rates for AC-II and AC-III tickets.
Markets end low as investors book profits
Reliance Industries, HDFC Bank, Tata Steel, Sun Pharma and ITC were the top Sensex dragging the benchmark 93 points lower.
Daughters of India Inc honchos storm the male bastion
Leading political rallies or taking charge in boardrooms, the next-gen woman is taking it all in her stride.
Narrow escape for Subrata Roy's sons
Sushanto Roy and Seemanto Roy quit the board of Sahara India Real Estate Corp in Feb-Mar 2008; firm filed Red Herring Prospectus on March 13, 2008
March 10, 2014Sahara fallout: Seaplane service to Aamby Valley put off
With Sahara India chief Subrata Roy behind bars, the country's first seaplane service from the megapolis to Aamby Valley City, which is run by the Sahara group, was today grounded for the time being.
Will UPA manage to implement Food Bill before elections?
If the government manages to deliver on Congress chief Sonia Gandhi's scheme of providing grains to the needy at nominal rates, it could mean an end malnutrition issues in rural areas.
Airlines to travel agents: Pay on time or face suspension
According to the new billing system, travel agents will have to make payment to airlines within seven days.
Nokia launches its first Android phone at Rs 8,599
The company will soon bring two more similar devices to the Indian market.
Why FIIs are in love with 'desi' stocks
Foreign institutional investors which were net sellers in till Feb have started buying shares in Indian market.
Renting an elephant in Kerala? Pay Rs 4.5 lakh a day!
Demand-supply mismatch and diverse govt regulations have sent the price soaring for renting an elephant in Kerala.
Mumbai is the cheapest city in the world, Delhi ranks 3
The inequality between the rich and the poor keeps wages and prices low.
Pre-election markets are likely to stay positive
The metal might see-saw between $1,200 and $1,400. A breakout beyond either of these limits could result in a decisive trend.
Domestic car sales rise 1.39% in February
Vehicle sales across categories registered an increase of 4.99 per cent to 15,23,693 units from 14,51,263 units in February 2013.
What India should do to improve its global image
The more globally integrated the economy becomes, the more this inefficiency costs us, in terms of foregone export opportunities because of higher costs and more expensive imports.
Were international gold prices manipulated?
The metal might see-saw between $1,200 and $1,400. A breakout beyond either of these limits could result in a decisive trend.
How a Rs 3,70,00,00,00,000 mountain rose against Sahara
That's the amount payable by the Sahara group firms, according to Sebi's latest statement
Sensex edges to record high, closes at 21,935
Markets ended flat as gains in cyclicals helped offset losses in defensive sectors.
Mumbai airport plans Rs 1,600-crore upgrade
Metro link, T2 terminal expansion, taxiway and underground tunnel proposed.
The 5 FITTEST CEOs in India
Whether it's running a 42- km marathon or a grinding rally drive, these men take exertions in their stride.
IMAGES: The making of salt in India
India is the third largest producer of salt in the world after the US and China.
Is this a good time to buy a car?
The government seems to have come to the rescue of potential car buyers.
March 09, 2014Why India Inc needs to be cautious while dealing with China
Since 2009, the average volatility of the yuan has been just a bit over one per cent, with a high of under three per cent.
Sahara case: A classic example of slippages by authorities
The Sahara case reveals that, in today's environment, court intervention is what makes a major difference.
March 08, 2014Kejriwal takes aim at Modi's economic model
Gujarat CM had denied an audience with AAP chief.
Will Sahara be forced to sell some of its big assets?
With Sebi insisting on getting cash payment of Rs 20,000 crore and interest, it might have to put some of these assets on sale.
Is he the mystery man behind the controversial Bitcoin currency?
Here's the father of the world's first digital currency.
Indian women hesitate to ask for salary hikes, promotions
Indian women still hesitate in asking for promotions and pay raises, unlike men,
March 07, 2014Has Bihar's growth rate halved in past one year?
Quoting from the report of Central Statistics Office, the former deputy chief minister Sushil Kumar Modi said that Bihar's growth rate has reduced to half at 8.82 per cent
Women's Day: Jet, GoAir slash prices
The national carrier Air India is mulling an all-women crew flight.
BSE: Top gainers and losers
The 30-share Sensex ended up 406 points at 21,924 after touching an intra-day high of 21,919 and the 50-share Nifty ended up 126 points at 6,526 after hitting an intra-day high of 6,538.
Proportion of Indian women in senior rank below global average
The representation of Indian women in senior company positions remains a cause of concern at 14 per cent, below the global average.
Samsung wins the court battle against Apple
Judge rejected Apple's request for a permanent sales ban in the US against some older Samsung smartphones.
Is the Facebook-WhatsApp deal under threat?
WhatsApp has stated that it does not intend to collect user data for advertising purposes.
Flickr co-founder hits another gold mine
Caterina Fake, the CEO, believes that there is still space for social networking apps.
New bank licences in a few weeks, says Rajan
The RBI is expected to issue only a few bank licences after completing due diligence.
Reviving the economy: What the next government should do
The new government will have to start by addressing some key policy concerns, says , and draws up a checklist.
How Google plans to encourage more women entrepreneurs
The efforts, a part of '#40 Forward' programme under Google for Entrepreneurs', are aimed at finding new ways to advance female entrepreneurs.
These women CEOs bagged the highest salaries
In the male-dominated corporate world, these brilliant women have proved their mettle and made a big difference.
India Inc's pride: Meet 10 powerful women leaders
Modern Indian women have come a long way from playing the stereotypical role of a housewife to donning the roles of CEOs in leading Indian and foreign companies.
SC rejects Sahara proposal, Roy to remain in Tihar Jail
The company wanted to pay off the depositors' money in instalments.
Top 5 Android tablets under Rs 10,000
Take a look at the top-five tablets under Rs 10,000.
10 things that even millionaires can't afford to buy
Millionaires would be proud of the money in the bank, but there are a handful of things that are still beyond your reach
FIIs lift markets to new heights, Sensex nearly at 22,000
The Sensex and the Nifty ended at fresh closing highs led by banks and index heavyweight RIL.
The 10 most influential women in tech world
These women may not have founded the current-day tech giants but they surely have made them successful.
Two Indians among world's richest women
Two Indian women - Savitri Jindal and Indu Jain - have made it to the Forbes list of the world's billionaires that saw a record number of women this year.
India's HIGHEST paid women CEOs
Here's a look at some who have made a name for themselves through sheer grit and hard work.
Datsun GO: Big car at a small price
The four-wheeler appears costlier than it is.
March 06, 2014US seeks 'talk and trade' to rebuild India ties
Rows over drug patents, solar panels and software piracy have blighted relations of late.
India to have 4th highest number of billionaires by 2023
India is projected to be home to the fourth highest number of billionaires in the world by 2023.
Loud and clear: Perform or quit, says Air India to staff
In a bid to lower its staff cost, Air India has started sacking under-performing employees. The civil aviation ministry has made it clear to the national carrier to cut down unwanted expenditure in order to get government's support.
Why India must employ half a million ethical hackers
Several organisations have had to repent for not deploying ethical or white hat hackers to test their internal and external technology infrastructure for vulnerabilities which could be exploited.
The 30 HIGHEST paid CEOs in India
You won't believe the compensation Indian CEOs get!
America's biggest swindler stripped of MBA degree
This is the first time the Stanford Graduate School of Business has revoked a graduate's degree.
High charges on spectrum, petroleum: Who benefits from this?
The author examines whether government levies on these critical inputs are beneficial or detrimental.
Buying a home? Beware of fancy claims the agent makes
While buying a property, never trust an estate agent fully. Be doubly sure of the amenities before making any down payment.
Coming soon: Nokia's Android phone in India at Rs 8,500
Nokia's much-awaited Android-based 'Nokia X' will be available in India from March 15, as the Finnish firm takes head-on the likes of Samsung and Micromax to grab a share of the burgeoning affordable smartphone market.
Here's a quick fix to resolve RIL's natural gas pricing issue
RIL is keen to hike gas price from April 2014 but due to some technical glitches, it may not be able to pass on burden of high production cost to customers.
Sahara urgently tries to free chief in bond case
Roy was receiving the same treatment as other inmates, the only privilege being that he gets a bed as he is over 60 years of age.
India is the most difficult country to do business in: Study
The study also pegs India as the country having highest external political risks.
March 05, 2014Current account deficit narrows sharply to $4.2 bn in Q3
The lower CAD was primarily on account of a decline in the trade deficit.
Advocate who threw ink on Subrata Roy sent to Tihar jail
The lawyer, who threw black ink at Sahara Group chief Subrata Roy in the Supreme Court premises on Tuesday, was today sent to Tihar jail by a Delhi court after
Micromax launches octa-core smartphone for Rs 19,999
The device has a MediaTek 2GHz tru octa-core processor with 2GB RAM and has a 5-inch full high definition display.
Catch them young: Four money saving habits you should teach your kids
Parents should more often talk about financial planning with their children. This will boost saving habit in them at an early age.
Premji, Murthy among world's tech billionaires
Thanks to the technology boom, the Forbes global rich list has a record 123 billionaires including six Indians who made fortunes from technology ventures.
How India can fire itself back to high growth
Fix agriculture to target food inflation, create labour-intensive manufacturing to target the current account deficit, and fiscal restructuring can target the infrastructure deficit.
Honda Mobilio: The biggest car launch of this year
The major rivals of the car include Maruti Ertiga, Chevrolet Enjoy, and Mahindra Xylo.
India must call the US' bluff on patents
The recent US-India friction over trade is being driven by Big Pharma.
Is Reliance 'stealing' gas from ONGC's block?
State-owned Oil and Natural Gas Corp (ONGC) has written to the Oil Ministry seeking
7 gorgeous mini-SUVs that will soon hit Indian roads
Maruti, Mahindra, Tata are all planning to come up with competitor of Ford Ecosport.
Warren Buffett tells you how to become rich
New entrepreneurs and investment gurus can never miss out on Buffet's tips on investment.
Haven't filed tax returns? You still have time
If belated returns are not filed till March 2014 and there is no outstanding tax, you can be charged a penalty of Rs 5,000.
Petrol cars from M&M, Tata soon
M&M is working on petrol engine while Tata is set to introduce petrol option in Bolt and Zest.
Deutsche sets Sensex target at 24,000 by December
The Sensex is likely to scale 24,000 mark by December-end on receding chances of a fractured verdict in the upcoming Lok Sabha elections, lower inflation and improving global risk appetite, German brokerage Deutsche Securities said on Tuesday.
No goof-up in note printing, says RBI
New notes bearing signature of former Governor D Subbarao are legal tender and the process of changing signature is underway
March 04, 2014Humiliating experience for Subrata Roy at Supreme Court
Sahara Chief Subrata Roy was on Tuesday ordered to remain in custody for a week in Delhi by the Supreme Court which was unhappy over the proposal his group on the refund of investors' money as it has not come up with any concrete proposal.
5 pearls of wisdom from Buffett's 2014 letter to investors
Advice from Oracle of Omaha's to shareholders.
Ink thrown on Subrata Roy's face in SC complex
Calling him "chor", a man from
Mukesh Ambani's wealth sinks
Business tycoon Mukesh Ambani may have retained his title as India's richest person for 7th year in a row, but his place among the world's richest people has dropped to lowest in eight years.
Subrata Roy to sleep on the floor at Tihar, eat jail food
Sahara chief Subrata Roy, who was sent in judicial custody for a week in Delhi by the Supreme Court today, will be kept in high-security Tihar prison where he will sleep on the floor and eat jail food like an ordinary prisoner.
India's richest people, Mukesh Ambani is No 1
India ranks fifth in the global rich list with 89 billionaires.
Is this the end of the road for Subrata Roy?
Subrata Roy, the self-styled managing worker of Sahara India Pariwar, India's biggest private-sector employer, will appear before the Supreme Court on Tuesday after spending the weekend in custody at a government nature-reserve guest house.
The rise of new rich and powerful in UP, Bihar
From northern backwaters, a new business elite emerges
Should investors expect optimism on D-Street before elections
If the outcome of the elections is as expected, markets, which have lost hope on the government, will start discounting a brighter future
Bangalore's pride: India's first electric bus
In a move to make Bangalore a greener and cleaner city, the state-run Bangalore Metropolitan Transport Corporation (BMTC) will operate a swanky electric bus on a trial basis for three months.
Mystery shrouds Subrata Roy's movement to Delhi
No one knows when and how the powerful corporate giant was actually carted from Lucknow's state forest guest house.
To cut cost, Infy to use more offshore sites
Infosys is now testing with five or six global clients
Bill Gates regains 'world's richest man' title
Microsoft co-founder Bill Gates has regained the title of the world's richest man in the Forbes magazine's annual billionaire list.
March 03, 2014RBI extends deadline for exchanging pre-2005 notes
The Reserve Bank granted an additional nine months for the public to exchange currency notes printed before 2005, including Rs 500 and Rs 1,000 denominations.
Maruti chief clarifies on royalty payment to Suzuki
Shares of Maruti Suzuki tanked over 5 percent last week on concerns related to its plant in Gujrat. However, its chairman says, company will deliver good results in ensung quarters.
TCS, Wipro spend crores on US lobbying in 2013
The two company spent about over Rs 3.15 crore.
India tightens checks to curb gold smuggling
The move could aggravate shortages in the physical market as authorities seize gold without a valid provenance.
Two top execs quit Microsoft after Nadella takes charge
In the biggest management reshuffle at Microsoft Corp since Satya Nadella took over as its chief executive, two top executives, Tony Bates and Tami Reller, will leave the company while a former Clinton family aide will become its chief strategy officer, according to media reports.
These are the benefits of keeping your bank account active
An employee should always keep his bank account active inorder to claim PPF after he joins a new office.
6 upcoming competitors of Maruti Ertiga, Toyota Innova
Automakers are betting big on utility vehicles as buyers will soon graduate from small cars to premium ones.
Foxed by ghost investors, Sebi seeks foreign help in Sahara case
The market regulator is seeking help from its peers in Mauritius, the UK and the US to solve the high-profile money laundering case involving Sahara chief Subrata Roy.
Snapdeal's lessons from eBay
In its race to climb up the charts in e-tailing revenues, it is picking new revenue streams that others are yet to adopt, for example, carrying ads
Cities that saw the highest rise and fall in realty prices
Even as demand in the real estate market remains sluggish, Delhi and Mumbai have recoded property price appreciation of 33.3 per cent and 22.65 per cent, respectively.
Cars that Ambanis, Godrej, Birla, Mallya love to drive
From custom-made luxury sedans to fast and furious supercars, India's billionaires rule the roads
The little big men who made Modi's big day
A handful of entities provided the platform for Narendra Modi to unveil his governance agenda.
Think before you go shopping: The taxman is watching
Database planned to capture more individual purchases, reduce tax evasion
March 01, 2014K M Abraham the man who put Sahara on notice
Abraham, a 1982 Kerala cadre IAS officer, investigated Sahara during his tenure as whole-time member at Sebi.
February 28, 2014Subrata Roy's police custody is more like 'house arrest'
It was tough to say if Roy was in police custody or vice versa.
Petrol, diesel prices hiked again
Petrol price hiked by 60 paise per litre, diesel by 50 paise.
Religious heads should educate masses on climate change
It is difficult to predict whether religious organisations can mobilise enough global public pressure to minimise perils of global warming.
India's GDP disappoints with 4.7% growth in Dec quarter
December's figure was the seventh successive quarter of economic growth below 5 per cent.
RBI may not raise rates on April 1 policy review: BNP Paribas
According to the financial services major, the recent decline in inflation, driven largely by food prices, gives the RBI room to pause monetary tightening.
'Long term view on India remains optimistic'
Jain was honoured by the Jewish Museum at its annual high-profile gala here as a tribute to his personal and professional relationships with the city's Jewish community.
AAP's charges over Singapore deals false, defamatory: RIL
The Aam Aadmi Party (AAP) has sought an investigation into deals in which privately held companies of Reliance Industries Ltd (RIL) Chairman Mukesh Ambani received Rs 6,530 crore (Rs 65.30 billion) through a multi-level transaction routed through two companies in Singapore.
Sebi-Sahara case: A saga of big numbers and innocuous names
The high-profile saga -- which on Friday saw the arrest of flamboyant Sahara group chief Subrata Roy, who calls himself 'Managing Worker' of his business empire -- has seen many dramatic events along the way.
SC declines to recall non-bailable warrant against Subrata Roy
The Supreme Court on Friday declined to hear Sahara chief Subrata Roy's plea for recall of the non-bailable warrant (NBW) issued by it against him in a contempt case.
Govt approves 100% DA, Rs 1,000 minimum monthly pension
The move will benefit 50 lakh (5 million) employees and 30 lakh (3 million)
How the UPA killed the Indian economy
looks back at the tragedy of errors that has landed the once buoyant Indian economy in its worst mess in recent times.
Can dollar come to the rescue of India Inc?
Net profit of FMCG, IT and pharma firms was up 33 per cent in the third quarter, accounting for nearly half of India Inc's profits ex-financials and oil.
How Modi plans to eradicate poverty, push growth
The Gujarat chief minister tells business leaders he will focus on poverty removal, jobs while pushing growth.
Subrata Roy to be in police custody till March 4
Over seven hours after he was arrested, Sahara Chief Subrata Roy was produced in a court here which directed the UP police to keep him in custody till March 4 when he will be produced before Supreme Court.
Car buyers refuse to bite excise carrot
Price reduction by auto buyers leads to only a marginal rise in enquiry level.
Can Subrata Roy escape from being arrested?
Having offered unconditional apology to SC, Subrata Roy can now try convincing apex court why he failed to appear before it
Markets end at five-week highs ahead of Q3 GDP data
Markets gained for the fifth straight session to end at five-week highs led by TCS, Tata Motors and pharma shares.
I am not absconding; ready to follow SC order: Subrata Roy
In a dramatic turn of events, Sahara chief Subrata Roy on Friday said he is not absconding from arrest and is ready to "unconditionally follow" whatever direction
IMAGES: How this tribe catches illegal gold miners
The Munduruku tribe in the Amazon searches for and expels illegal gold miners encroaching on their land.
Next one year is the most crucial for WTO trade talks
With the Bali deal settled, countries should now focus on long pending issues such as market access and reduction in green goods tariff
Exciting car launches from Maruti this year
Among these will be all-new Swift and Dzire.
World's 10 best luxury trains
These 10 spectacular trains promise the most exciting and luxurious journeys through historic places, rocky mountains, forests, deserts and even snowcapped landscapes.
Shatabdi speed to go up to 160 km on select routes
The Railways is gearing up to run Shatabdi Express at 160 km per hour speed to reduce travel time between Delhi-Agra and Delhi-Chandigarh by the year-end.
'Smartphone sales growth to slow down to 8.3% by 2017'
The fall is unlikely to be offset by burgeoning demand for smart devices in emerging countries like India and China, IDC said.
Corruption still widespread in India, says US report
According to the report, though the law provides criminal penalties for official corruption, the Indian government did not implement the law effectively.
Sensex seen touching 22,000 level before elections
The 30-stock index is 496.75 points away from its all-time peak of 21,483.74 hit on December 9, 2013.
India's growth declined to 4.8% from 8.4% under UPA: Modi
The Gujarat chief minister said economic growth should be inclusive, speedy and yet sustainable.
Sahara employees repose faith in company
It was business as usual at Sahara Sahar, the sprawling estate in the posh Gomti Nagar area, where Roy's residence and the Group's corporate communication wing are located.
February 27, 2014Infosys to dole out promotions every quarter
The country's second-largest software services company, which has trailed peers Tata Consultancy Services and Cognizant on growth, is also looking at weeding out non-performers to improve efficiency.
Rural consumers spending more than urban peers
Cities have also see a decline in the savings rate.
Govt spends Rs 3.65 to deliver foodgrain worth Re 1!
The IEO, which has been entrusted to assess public programmes, has found that 57 per cent of the subsidised foodgrains distributed in Delhi, do not reach the target group
'Instant messaging Apps firms should be regulated'
WhatsApp had recently announced that it would start offering voice service by June this year. Social networking site Facebook had already announced acquisition of WhatsApp by $19 billion.
Police raid Sahara chief's home, does not find him
Supreme Court issued non-bailable warrant against Subrata Roy on Wednesday.
Hyundai launches new Verna variants loaded with features
The automatic transmission is now available on the mid-level Verna 1.6 petrol SX AT and the Verna 1.6 diesel SX AT.
Child Restraint System in cars compulsory from Oct 1
The system is much like a racing harness found in performance oriented cars.
Maruti to drive in the gorgeous Ciaz this Sept
The car will also have automatic transmission.
Modi asks small traders to compete with big retailers
The Opposition party's prime ministerial candidate Narendra Modi on Thursday said India's millions of family-owned traders must learn to work with large modern shops and online retailers, in comments that could signal a shift in thinking.
Buying Life insurance policies to save tax? Read this!
People in their quest to save tax usually end up buying a lot of unwanted insurance products.
Onion price rises 50% in 2 weeks
The off-spot prices were Rs 3.50 a kg two weeks before, with farmers planning to dump on the road instead of selling in mandis.
Online card transactions: Top 10 safety tips
Be it an e-commerce transaction, booking tickets online or availing a service, online transactions has its intrinsic advantages of saving time and convenience.
Maruti seeks to allay investors' fears over Gujarat plant
Elaborating on the pricing formula of cars produced by Maruti Suzuki at its facilities in Haryana, the company said it marked up the cost of production of the car to generate profits.
VCs are betting big on radio taxi services
Five deals worth $30 million had taken place in 2013 against $7 million in 2012.
Shiv Nadar biography shelved before publication
The book was scheduled to hit the stands in October 2013 but has since been aborted.
HSBC taps ex-Homeland Security agent for anti money-laundering role
Daniel Wager, who helped investigate HSBC for the federal agency, joined the HSBC's anti-money laundering team last November as a senior vice-president.
India's shame: The nexus between govt and businessmen
India's government is increasingly for, of and by its biggest businessmen.
Malls want brands to end deep discounts online
Of the country's total retail market size of $500 billion, the e-commerce industry accounts for $3.1 billion (excluding travel).
Cities where you can live life to the fullest
European cities offer the best quality of life.
Now, sea planes to fly from Mumbai to Lonavala!
For Mumbai's corporate honchos, who drive up to about 120 km on weekends to enjoy a game of golf in the plush Aamby Valley, near Lonavala, there is now an alternative.
'Beach row' continues, as Vinod Khosla keeps California surfers away
When Vinod Khosla bought the Martin's beach property he put up a gate with a sign that said, 'Beach closed, keep out'. Ritu Jha reports from California.
10 things you need to know about the Sahara row
On Feb 26, SC issued an arrest warrant against Subrata Roy after he failed to turn up in court for hearing
Infosys to give 5-7% salary hikes in FY15
Much below expected 10-12%; experts say attrition might increase.
It's just not Shibu, by 2015 Infy to have a new board of directors
For the first time since its inception over thirty years ago, these exits will lead the company to have a non-founder CEO.
Air India joins fare war, offers up to 30% discount
The booking for tickets under the will start from Thursday and would continue till March 1.
February 26, 2014BSE: Top gainers and losers
At close on Wednesday, the 30-share Sensex was up 135 points at 20,987, while the Nifty-50 had increased by 39 points at 6,238.80.
Gold imports rise again, reach 38 tonnes in Jan
Gold imports rose in December to 25 tonnes, higher than 19 tonnes in the previous month, mainly on account of wrong interpretation of the RBI's 80:20 scheme, sources said.
ED attaches Saradha Group assets
The attached assets included buildings, bank accounts and landed properties held in the name of Saradha group and its directors.
Cong messed with power sector, ushered in the dark age: Modi
Addressing a rally, Modi alleged that artificial shortage of coal is being created in the country.
Modi win unlikely to boost growth, says Moody's Analytics
The economy is unlikely to accelerate much in 2014 though the downside risks have receded in recent months with falling inflation and a narrower current account deficit, he said, adding there is no sign of a lift in the real economy.
Pay hike to be 10% this year, lowest since 2009
In 2013, the average salary increase was 10.2 per cent while in 2009, it was 6.6 per cent.
India's smartphone sales surge to 44 mn in 2013
Smartphone shipments stood at 16.2 million in 2012.
Ailing mother stops Subrata from appearing in SC; faces arrest
The Supreme Court on Wednesday has issued a non-bailable warrant against Sahara chief Subrata Roy for his failure to appear in court.
What is wrong with Nissan X-trail, 370Z?
Though the two cars were competitive, the lack of a badge led to their dwindling sales.
Why Indian cities are unlivable
Governance structures have left municipalities uniquely incapable of developing efficient delivery and planning mechanisms.
Recovery? Economy probably grew only 4.9% in Dec quarter
That is a shadow of the close-to-double-digit growth rates in recent years.
30 most powerful cars of all time
Each of this beast come with at least 690 horsepower.
Why prolonged discounts by retailers backfire
While footfalls have fallen after the long period of discounts, retail chains are being forced to continue selling discounted merchandise, as new stock is yet to arrive.
Obama plans twin manufacturing hubs to create more jobs
US President Barack Obama has announced setting up of manufacturing hubs in Michigan and Chicago, asserting that he wanted the next big job-creating discovery to be made in America.
US consumers demand higher caratage of gold
Indian jewellery exporters see a ray of hope as the country opts for more carats.
Brand IPL still rules unchallenged
According to the report, published on Tuesday, the event's prize money of $4.2 million is much more than the combined prize money of all other sports leagues in the country.
Sensex ends at one-month high on February F&O expiry
Benchmark indices increased for the fourth consecutive day amidst volatile trading and expiry of the Feb F&O contracts.
UPA's economic legacy: Good, bad or ugly?
UPA failed to undertake economic, social and administrative reforms to strengthen India's long-term development potential.
For fast-food chains, revenues are a click away
Quick-service restaurants are encouraging orders through apps and sites to benefit both brand and user.
BJP goes digital to spread NaMo chant
The BJP targets 160 seats for cyber coverage through social media, via multi-tasking volunteers; claims good response.
Be ready to shell out more for better bank services
Changes in regulations and the imminent enforcement of some long-standing regulations are pushing up the cost for banks apart from the general cost inflation.
Done for a while, says Zuckerberg on new acquisitions
Calling WhatsApp as a great fit in its plans to connect the next five billion, Mark Zuckerberg said the buyout is 'worth more than $19 billion.'
February 25, 2014AirAsia offers half-a-million free tickets on select routes
The bookings under the offer, which commenced on Monday, can be made till March 2 and will go on till March 2 for the travel period from October 1 to April 30 next year,
World's fastest car beats Bugatti Veyron
Venom GT is a stretched Lotus Exige with a 7.0-litre, 927kW twin-turbo V8 wedged between its axles.
Maintaining Windows XP after Apr 8 may cost Rs 1,190 crore/year
Windows XP -- launched in October 2001 -- is three generations behind the latest operating system Windows 8, that was launched in October 2012.
Sahara Group case opens can of worms
The transactions between entities of Sahara Group show loopholes in regulation that can be exploited to fool investors and launder money.
Series: 'US economy needs to improve for India to turn around'
The Indian economy is sinking but everyone's busy leading the high life, no one's worried, says veteran economist Ashok Mitra, in an interview to Rediff.com's Indrani Roy.
There is more to UBI's problems than Infosys' software
While a serious damage to the banking system and the economy has been averted, the episode brings in front the hollowness of the reporting structure in banking.
Status update: WhatsApp now a chapter in Facebook
While Facebook and WhatsApp have promised both the entities will not be merged anytime soon and that the latter will remain "independent" and advertisement-free, it is hard to believe there will be no changes to a service that could boost Facebook's mobile numbers immensely.
Hyundai Santa Fe: Gorgeous, powerful and loaded with features
The crossover is not just a good looker - it combines beauty with power.
Samsung launches Galaxy S5 with fingerprint scanner
Samsung launches Galaxy S5 with fingerprint scanner.
'Track gold miners' stocks to predict price trends'
The price of gold has risen 10.63 per cent this year -- from $1,205.65 an ounce at the beginning of the year to $1,333.9 on Monday.
Low-cost airlines start holiday bonanza
SpiceJet says tickets in three day sale will be 75 per cent lower than last minute purchase fares.
Range Rover Sport: The best off-roader, a really fast sport car
The machine is engineered to perfection.
Must-read: How to protect your handset from hackers
Here are some ways of hacking mobile phones and ways to protect your handset.
Volatile markets end in the positive
Upmove in IT heavyweights, ITC and HDFC counters aided the gains in today's trade.
Why Powai is a hotspot for IT start-ups
The locality, home to IIT-Bombay and the National Institute of Industrial Engineering (NITIE), is steadily attracting fledgling entrepreneurs for purposes of both work and residence.
Apple wants to open own stores in India
The company seeks easing of sourcing norms for retail FDI; govt unwilling to make exception.
February 24, 2014Will fight inflation at any cost, says Rajan
Rajan also expressed hope that a stable government after the Lok Sabha elections will continue the broad fiscal policies of the current regime and India may finally get the
BSE: Top gainers and losers
The 30-share Sensex ended up 111 points to end at 20,811 and the 50-share Nifty ended up 31 points at 6,186.
Nissan to discontinue sales of X-Trail SUV and 370Z coupe
Nissan currently imports X-Trail and 370Z coupe as completely built unit.
Revealed! Nokia's Android smartphones range
Targeted at fast growing low-cost smartphone markets like India, Nokia launched the much anticipated Android-based smartphones starting at Rs 7,600.
Bajaj to launch four-wheel vehicle but it's not a car
It's got four wheels and seatbelts but the creator of India's first quadricycle would rather not call it a car.
Microsoft wants Karbonn, Xolo to make low-cost Windows phone
The sub-$100 smartphone market is dominated by Google's Android operating system, which has lower licensing costs, and runs cheaper hardware.
Facebook CEO riding high after WhatsApp deal
It's a twist that is sure to have some telecom bosses in Barcelona gritting their teeth.
8 exciting mid-size sedans you can soon buy in India
The auto space will soon sizzle with these executive cars.
Meet key members of the Reliance Jio team
With the latest spectrum acquisition, the telecom venture would be the holder of the largest quantum of liberalised spectrum.
Personal loans: Should you go to banks or NBFCs?
With the difference between lending rates of banks and NBFCs narrowing, base your choice on urgency of requirement.
Facebook spends a fortune to recover younger users
For some time, the behemoth social networking website Facebook has been plagued by reports that it is losing its edge with younger users.
How prudent states helped in curbing India's fiscal deficit
Had the states not fulfilled their commitment on fiscal consolidation, the overall fiscal deficit would have widened.
Good news for air travelers: SpiceJet slashes fares by 75%
The bookings under the 'Super Summer Sale' offer will remain open till Wednesday mid-night.
Equity outlook: Indian markets set for new highs
Barring the two events of elections and the Fed taper, the markets are well poised to show gradual improvement.
India's growth: How the 'dream team' failed miserably
If P Chidambaram's Budget speech was an hour-long attempt at presenting his government's and his own record in a good light - as he is perfectly entitled to do - such a "marketing" effort invites the recounting of an alternative retelling of the record.
Gold likely to touch Rs 31,500 around polls
A gold bull market this year or the next is highly unlikely.
Sensex rises 111 points to end at 1-month closing high
Markets ended near their one-month closing highs with capital goods and financial shares leading the pack.
Now, tour around Taj Mahal sitting in your living room!
For the first time, Google has brought 360-degree online imagery of iconic Indian heritage sites through the Google Trekker technology.
Daana Paani: Visit this unique food court!
CHD Developers has opened its biggest food court aptly named 'Daana Paani' at their integrated township, CHD City in Karnal, Haryana.
How a Kolkata company mints money from scrap leather
A factory in Kolkata turns scrap leather into nitrogenous fertiliser.
World's largest solar power plant has a Google connection
One of the world's largest solar projects, which uses heat from the sun to generate power in California, opened on Thursday but may be the last of its kind in The Golden State.
India's corporate investment at decade's low
Capital expenditure by private companies halved in FY13 from that in FY08; households put more money into gold, houses.
India set to take on US over probe into IPR laws
To deny visa to trade officials planning to scrutinise country's trade and industrial practices.
February 21, 2014Tata Motors cuts prices of all vehicles
The price reduction across passenger vehicles is in the range of Rs 6,300 to Rs 69,000.
Nadella wants Microsoft to reinvent itself
Microsoft needs to become a company where people find deep meaning at work, said Nadella.
Why did Chidambaram shut down New Delhi?
The economic logic - and political reasons - behind the giant shift of spending power to the states
IT, pharma sectors likely to be backbone of Telangana
Global IT giants such as FaceBook, Google, IBM and Microsoft have a base in Hyderabad.
Yash Birla's business in deep trouble
Court cases, investigations, dwindling sales and fall in market capitalisation could make recovery a tough challenge.
World risks era of slow growth, high unemployment
Sweeping reforms are urgently needed to boost productivity and lower barriers to trade if the world is to avoid a new era of slow growth and stubbornly high unemployment.
Ford India cuts prices by up to Rs 1.07 lakh
The reductions will be applicable across Ford Figo, Ford Classic, Ford EcoSport, Ford Fiesta and the Ford Endeavour.
SPECIAL: How to make the agriculture growth story sustainable
There is no doubt that agricultural gross domestic product may grow by 4.6 per cent this year.
Investors give thumbs up to Facebook for buying WhatsApp
There was more interest in the social networking's stock that closed 2.3 per cent higher.
Indian economy resilient to external shocks, says IMF
It will take a period of time to recover back to the higher levels that India enjoyed in previous years, IMF director said.
India's defence spend lowest since 1962 war
The Air Force will see its funding slashed, endangering its plan to buy 126 French Rafale medium multi-role combat aircraft.
RBI will need to keep raising interest rate
Inflation in India is going to be a persistent problem.
Chevrolet launches all-new Beat at lower prices
The facelift now begins at Rs 399,000.
Facebook likes WhatsApp: Will the deal work wonders?
For now, one can only speculate on what led Facebook to its decision, which seems to go well beyond the financials.
This is how iconic bourbon whiskey is made
The Blue Grass region of Kentucky is home to the distilleries, which make about 9 out of every 10 bottles of bourbon.
Will Prem Watsa's magic work in India?
Hyderabad-born Prem Watsa, the founder, chairman and chief executive of Toronto-based Fairfax Financial Holdings, is often called the Warren Buffett of Canada for his ability to spot investment opportunities ahead of others and turn around non-performing enterprises.
Sensex stages pulls back; ends 164 points higher
The sentiment got a boost from a survey which indicated a brisk recovery in the US manufacturing activity sparking off a rally in Asian market.
Audi to drive in its cheapest sedan A3
It is expected to be priced around Rs 25 lakh.
5 awesome sedans that will launch in India soon
If you planning to buy Swift Dzire or Honda Amaze, postpone your purchase.
IMF punches holes in India's growth revival story
It says RBI may have to continue raising rates; prescribes floating sovereign bonds, going for NRI forex swaps again.
February 20, 2014BSE: Top losers and gainers
The 30-share BSE Sensex shed 0.9% or 186 points at 20,536 while the 50-unit NSE Nifty was off 1% or 61 points at 6,091.
7,200 km of state roads to be turned into highways soon!
About 10,000 km of state highways were declared national highways during the last 10 years.
Amazing rags-to-riches story of WhatsApp founder Jan Koum
With Facebook acquiring WhatsApp, its co-founders - Jan Koum and Brian Acton - have become billionaires and stars of technology world.
World's best cities for young people; Mumbai ranks 16
Youth are at the centre of urbanisation. They add energy, vibrancy, creativity and digital age talent to cities.
Airtel gets Mumbai edge with Loop buy
The telco, being one of the first operators in the circle, has a strong base of high-value subscribers; Airtel could leverage that for its top-end services.
Hawala premiums for gold smuggling shoot up to 4%
The stringent curbs on gold imports has resulted in a huge flow of smuggled gold, being financed by buying dollars from the hawala market.
Will the Facebook-WhatsApp deal pay off?
No algorithm based on terrestrial mathematics can make Facebook's WhatsApp deal compute.
Tech brands lock horns with e-com firms over 'predatory' pricing
Earlier this month, retail associations across the country held a meeting with the hardware manufacturers industry body -- MAIT -- to raise the issue of undercutting prices.
Bonanza for central govt staff likely
The Centre is expected to increase the dearness allowance by 10% to 100% by the end of February.
China PMI, US Fed minutes drag Sensex 180 points down
Macro-economic data from China and minutes of the US Federal Reserve's last meeting caused the turmoil as stocks tumbled around the globe.
Architectural marvels: 13 mind blowing skyscrapers
Buildings that are challenging architectural norms.
Interim budget is not a mathematical jugglery: FM
Finance Minister P Chidamabaram has challenged BJP's Prime Ministerial nominee and Gujarat Chief Minister Narendra Modi to face the press with his views on the economy.
Series: It will take three years for economic growth to pick up
It will take more than three years to restart economic growth provided the new government, in all earnestness, brings in reforms right from the beginning, says . Continuing our series on the state of the Indian economy.
Modi to bat for rejig of welfare schemes
Party leaders claim the focus is going to be 'reviving growth with job creation' and checking inflation.
Narayana Murthy says non-performing staff will have to go
Infosys is currently working on lot of tools and technology that will enhance an individual's productivity, he said.
Facebook to buy WhatsApp for $19 billion in deal shocker
Facebook Inc will buy fast-growing mobile-messaging startup WhatsApp for $19 billion in cash and stock in a landmark deal that places the world's largest social network closer to the heart of mobile communications and may bring younger users into the fold.
February 19, 2014IMAGES: Swimsuit models visit New York Stock Exchange
The NYSE had some sensational visitors who set the trading floor on fire.
Maruti, Hyundai too slash prices
While MSI's price cuts range between Rs 8,502 and Rs 30,984 across its models, Hyundai has slashed prices by between Rs 10,000 and Rs 135,300.
Anil Ambani meets Delhi Lt Governor
Last month, then Delhi Chief Minister Arvind Kejriwal had ordered a CAG scrutiny of private power distribution companies.
Nissan cars also become cheaper
The price reduction by Nissan is in the range of 4 to 6 per cent.
'America has one of the most open economies in world'
Froman's comments came as the US is pushing countries, including India, Brazil and China to open up their economies for foreign companies.
Child's education: How much should you save every month?
Many of us would agree that parenting is a tricky job. Even trickier is planning for your children's higher education.
What the govt needs to do to cut expenses
For instance, the size of a central ministry's annual outlay should ideally be a key factor in determining the number of people who need to be employed by it.
How India prevents money laundering
India has been classified as high risk zone in terms of money laundering.
Apple looks at cars, medical devices as iPhone sales fall
Apple's head of mergers and acquisitions, Adrian Perica, met with Tesla Motors Inc founder Elon Musk at the company's headquarters last year around the same time analysts suggested that Apple acquire the Model S electric car maker, the newspaper reported on Sunday.
Local operations prove a drag on Jet, SpiceJet
Growth in the domestic market in the second quarter was fuelled by low fares but this has impacted airline profits.
Chidambaram boost pleases car dealers
Excise duty cut can halve current inventory in 2 months, with major manufacturers promising to pass on benefit.
Why India's toll plazas are so mismanaged
Violence and vandalism at toll plazas point to poor planning. An independent highway regulator would have helped the cause.
Realtors woo customers through buy-back schemes
Now, companies are promising to buy back property sold to customers, after factoring in a 30-70 per cent appreciation in value.
Global gold demand fell 15% in 2013
Gold demand fell 15 percent in 2013 as huge outflows from physically backed investment funds outweighed record consumer demand, but that heavy disinvestment is tailing off this year, pointing to a recovery, the World Gold Council said.
Budget: A magic show from Chidambaram
Investors would have much preferred a gritty, honest appraisal of the tough trade-offs.
Half of India's top firms have destroyed shareholder wealth
As many as 77 of the 155 E-200 companies (excluding banking and financial ones) have either reported a decline in their market value since March 2008 or the rise in market capitalisation has lagged the increase in capital employed in the business.
Markets end near day's highs led by IT shares
Sensex was up 46 points at 20,680 and the Nifty advanced 13 points to trade at 6,140.
Want to give your Swift this snazzy look? Go to Maruti
Want your car to look snazzy? Get Maruti's own custom kit for Rs 215,000.
5 most STOLEN cars
Wonder which cars are targeted by thieves? Among the most stolen cars, majority of them are small cars.
Auspicious days to buy gold in India
The biggest gold buying festivals are Akshaya Tritiya and Dhanteras.
Toyota to launch Etios Cross in May
Buyer can book the mini SUV for Rs 50,000.
Tatas ranked India's most valuable brand
Diversified conglomerate Tata group was on Tuesday declared India's most valuable brand with a value of $21.1 billion, while US-based technology giant Apple has retained its top position globally with about $105 billion.
February 18, 2014BSE: Top gainers and losers
The 30-share Sensex ended up 170 points at 20,634 and the 50-share Nifty ended up 54 points at 6,127.
AAP is mistaken, Ambani doesn't run the govt: Chidambaram
Chidambaram said the government will not go back on its decision to raise gas prices for both public sector and private producers from April 1.
A unique scheme to buy the Reva e2o!
Mahindra Reva Electric Vehicles, a part of the Mahindra Group, on Tuesday slashed the price of its electric car e2o by up to Rs 1.7 lakh by introducing a scheme under which a consumer pays a rental fee for the battery.
Gujarat's pride: Modi inaugurates swanky Vadodara bus terminal
Spread over 2.4 lakh sq ft, the 'airport-like' terminal will see 1,100 buses plying everyday.
Chidambaram slams critics, says have 'pulled back' economy
He said the economy has 'clawed back' to 4.4 per cent in Q1, 4.8 per cent in Q2.
India's gold demand up 13% at 975 tonnes in 2013
Gold demand in the country was 864 tonnes during 2012, according to data given in WGC 'Gold Demand Trends 2013' report.
Fiscal deficit: The devil is in the detail
Even to the more jaded India hands inured to the tricks of the country's fiscal trade, an overwhelming element of jugaad - that desperate bid to somehow put the decades-old family Ambassador together for that one final ride - is apparent.
India's fiscal position still quite weak, says Moody's
The global rating agency has, however, cautioned that India's fiscal position remains 'weak'.
Interim Budget lists a vision for the future
Regardless of who forms the next government, the interim Budget speech lays down a must-do list.
COLUMN: How good was the vote-on-account?
The vote-on-account is essentially a measure to seek Parliament's approval for government expenditure until the full Budget is presented.
Is India's defence budgeting flawed?
The most worrying aspect of defence budgeting is that the military's long-term equipment planning is based on fundamentally flawed fiscal assumptions.
Budget effect: Audi, Mercedes slash prices
German car makers Audi and Mercedes-Benz on Monday cut prices by up to Rs 3.82 lakh, while Tata Motors and Mahindra & Mahindra announced their intent to follow suit after Finance Minister P Chidambaram reduced excise on automobiles in the Interim Budget for 2014-15.
Markets end at 3-week closing highs, Sensex up 170 points
Financial shares and auto stocks among the top gainers for the day
I didn't want to please everyone, says Chidambaram
He said he had achieved a fair measure of success in stablising India's economy and aimed to make it the third-biggest after the US and China.
Moto G: The best budget smartphone money can buy
Light, attractive and incredibly powerful, the Moto G could easily be the best buy under 15K.
What is hurting the India growth story
It is unpredictability which is bound to have a very negative spin-off which needs to be avoided, said Trade Minister Anand Sharma.
Aakash 4 to be available for Rs 3,999 soon: Sibal
The Aakash project was Sibal's brainchild when he was the HRD minister.
'Nothing concrete would come out of FIR against Mukesh Ambani'
It is only an attempt to sensationalise the issue, RIL director and Supreme Court advocate Y P Trivedi said.
Which countries have budgets bigger than India? Find out...
Though India is one of the fastest growing economies, how big is the country's budget compared to other countries in the world?
February 17, 2014AAP against crony capitalism, not capitalism: Kejriwal
'There is a very small section of industrialists in our country who are not industrialists or businessmen, but they are looting the country.'
Vote-on-account extremely disappointing, says Modi
Modi, however, welcomed the announcement of 'one rank-one pension' for defence forces.
FM's mantra to make India the world's 3rd largest economy
While presenting the Interim Budget 2014-15, the Union Finance Minister P Chidambaram said that in the next three decades India will become the third largest economy behind US and China.
Infographic: Budget Impact on BSE Sensex
India Inc on Monday said that the Interim Budget was 'absolutely' up to the expectations.
Air India to get equity infusion of Rs 5,500 crore
The Bureau of Civil Aviation Security was allocated Rs 40 crore (Rs 400 million) for procurement of security and IT items along with radiological detection equipment.
Infographic: Central Plan outlay by sectors
Finance Minister P Chidambaram on Monday sought to lighten the burden on the middle class by lowering excise duty on cars, SUVs and two-wheelers and proposed no increase in taxes on other products.
Why India Inc hails the Interim Budget
Terming the Interim Budget for 2014-15 fiscal as 'very balanced', the industry on Monday said that it was 'absolutely' up to the expectations.
Budget impact: Tata Motors, General Motors to slash prices
Auto makers Tata Motors and General Motors India on Monday announced they will cut prices of their products after Finance Minister P Chidambaram decided to reduce excise on automobiles in the interim Budget 2014-15.
Government accepts 'one rank, one pension' for defence forces
The decision, likely to benefit around three million defence pensioners, will come into effect from 2014-2015.
Chidambaram continues 10% surcharge on super-rich
Putting an end to speculation, Finance Minister P Chidambaram on Monday retained the 10 per cent surcharge on those earning over Rs 1 crore annually.
Opposition slams Interim Budget
Opposition on Monday trashed the interim budget, terming it as a 'farewell budget' of a
Budget impact: What's cheaper, who will benefit the most
P Chidambaram announced a few sops to bring cheer to consumers and some sectors like automobile and capital goods.
Swift action taken to stop NSEL crisis spillover: FM
He also said the Forward Contracts (Regulation) Act would be amended to strengthen the regulatory framework of the commodity derivatives market.
Infographic: Interim Budget at a glance
Finance Minister P Chidambaram presented the Interim Budget for 2014-15 on Monday. Income Tax rates were kept unchanged.
Indian markets performed better compared to peers, says FM
Foreign institutional investors added $20.10 billion in equities while they pulled out $7.97 billion from the debt market, resulting in total net flows of $12.13 billion.
Infographics: How the rupee comes and goes in a budget
Finance Minister P Chidambaram on Monday slashed excise duty on cars, SUVs and two-wheelers, and capital goods and consumer durables.
Govt cuts disinvestment target to Rs 16,027 cr for FY'14
The government cut its disinvestment target by more than half for the current financial year and pegged the proceeds at Rs 36,925 crore for 2014-15.
Govt crackdown on black money continues, says FM
The issue of alleged tax evasion by Indians through banks and other entities in offshore locations, specially Switzerland, has been matter of a political debate in India.
FM did good job of containing fiscal deficit: Experts
Excise duty cut for auto company is a great boon for the sectors, expert feels.
Budget: Big relief for education loan borrowers
Finance Minister Chidambaram has announced a moratorium period for all education loans taken-up to 31.3.2009 and outstanding on 31.12.2013.
Infographics: Chidambaram's budgets at a glance
P Chidambaram presented the Budget for the 9th time.
Infographics: Some interesting facts about Union Budget
Finance Minister P Chidambaram presented the Interim Budget for 2014-15 on Monday.
Budget: FM slashes excise duty for automobiles, taxes unchanged
Leaving direct taxes untouched, Finance Minister P Chidambaram today slashed excise duty on cars, SUVs and two-wheelers, and capital goods and consumer durables to boost manufacturing and growth.
No policy paralysis; economy stable: Chidambaram
Rejecting arguments of "policy paralysis", Chidambaram said the economy is more stable than what it was two years.
FM defends rupee fall, says it fared well
The RBI had opened special swaps windows to attract deposits from non-resident Indians and allow oil-marketing companies to source dollars.
Good news! Cars, SUVs to get cheaper post budget
Excise duty on small cars is cut to 8 per cent where as the tax on large- and mid-sized cars has been brought down to 20 per cent.
Food inflation still remains a worry: Chidambaram
Inflation in food articles category in January stood at 8.8 per cent.
Fiscal deficit will be contained at 4.6% of GDP: Chidambaram
The government on Monday said the fiscal deficit for the current financial year will be contained at 4.6 per cent of GDP.
Highlights of the Interim Budget
Finance Minister P Chidambaram presented the Interim Budget for 2014-15 on Monday.
Filing income tax returns: What you should know
Apart from the many old rules, you need to be aware of a number of new ones to be able to claim your deductions well.
India draws tourists with deep pockets
The country ranks 41st in number of tourists received but 1st in per-capita spend by them.
Inflation: What the government needs to do
Inflation moderates, but government can and must do more.
Sensex rises 97 points to highest this month on excise duty cuts
The 50-share NSE index Nifty rose by 24.95 points, or 0.41 per cent, to settle at 6,073.30.
What to expect from the Interim Budget
Chidambaram may announce higher fund allocation for the social sector, with focus on education, food, women and rural masses.
From boom to doom: An uphill task to revive the economy
The Indian economy is in deep crisis, and it will take at least two years to recover -- and that if we have a focused government. The challenges are immense as it will take a long while to overcome the policy paralysis of the last few years, says , in the first of our series on what awaits the next government on the economic front
10 best hotel suites in the world
Have more money than you need? Checked out these exclusive abodes of ultra wealthy.
Why Maruti 800 was the biggest attraction for car lovers
The Maruti 800 changed the way cars were bought, sold and serviced in India, components were made, and industrial enterprises were organised. For the first time, the customer became the focus of manufacturing.
February 16, 2014The dismal state of India's public sector banks
Foreign investors did not lap up the new SBI issue because of deeper worries about public sector banks
February 14, 2014A Plan B for global business
The 'B Team' feels capitalism needs to move to another model which serves people and planet better.
BSE: Top gainers and losers
The 30-share Sensex closed 173 points higher at 20,366 and the 50-unit Nifty ended 47 points up at 6,048 levels.
Gas pricing: FIR slams UPA for favouring Reliance
The FIR was lodged under sections 420 (cheating), 120-B (criminal conspiracy) of the IPC and under provisions of the Prevention of Corruption Act.
Finance minister seen walking budget tightrope
He could be doling out more funds to woo voters and tax cuts to support industry.
HP launches dual-SIM, quad-core voice tabs at Rs 17,300
Tech giant Hewlett-Packard has launched two voice-calling tablets and appointed actor Deepika Padukone as brand ambassador in a fresh bid to strengthen its position in the Indian market.
Final Maruti 800 rolls out; spare parts available for 8-10 yrs
Over 2.5 million units of the icon were sold in its lifetime.
Beer market in India set for new fizz
Kaltenberg is set to enter India. It will have premium positioning but will be priced cheaper than imported peers.
Panicked telcos shell out vast sums for spectrum
The auctions for spectrum in the 900 MHz and 1800 MHz bands came to an end on Thursday after 10 days of aggressive bidding by the country's major telecom operators.
What Mumbai developers are doing to pep up realty markets
To energise a dull real estate market, Mumbai developers are lining up prelaunches of residential apartments. This is a popular way to raise funds before construction begins.
Super-rich tax may retire this April
Relief on tax surcharge also likely to be extended to the corporate sector; duty on gold expected to be slashed.
Gujarat develops India's swankiest bus station!
A world-class bus terminal has redrawn the architectural landscape of Vadodara.
5 stunning concept cars from Auto Expo 2014
These cars can change the fortune of automakers.
Why slowdown hasn't affected fast-food chains
Most chains saw a fall in same-store sales in the December-ended quarter, but that hasn't affected their expansion plans.
Why is Indian IT sector crying for a change?
Over $100 bn in revenue but sector battles evolutionary challenges.
Jan WPI plays cupid for market; Sensex up 173 points
The wholesale price inflation, decelerated faster than expected, to ease to an eight-month low of 5.05 percent in January.
TCS will beat Nasscom's growth guidance: N Chandrasekaran
We have created centres of excellence in areas like user interface design, user experience, cyber security - all the things required to bring the solutions to the market, says N Chandrasekaran.
Gift sales to touch Rs 18,000 crore in V-day week
Notwithstanding the lingering economic slowdown, companies are ready to cash in on Valentine's Day celebrations and sales of gifts.
February 13, 2014LG launches smartphone that rivals Samsung's Note 3
South Korea's LG Electronics unveiled a revamped version of its large-screen smartphone G Pro on Thursday, hoping it will help propel the company to the No. 3 spot in global smartphone sales this year.
Apple may release a large-screen iPhone this year
Apple, which posted its lowest growth in handset sales last year, may release a large-screen version of its iconic iPhone in 2014, research firm IDC said.
Kolkata airport new terminal gets award for excellence
The airport has also won the IBC trophy for the project, a statement by the airport director said in Kolkata on Thursday.
Which variant of Maruti Celerio you should buy?
The Celerio VXi AMT priced at Rs 459,000 is a the best deal.
Thousands lose jobs as IBM goes on cost-cutting mode
Technology giant IBM's workforce-rebalancing efforts have now hit India, with the company asking several of its employees in its hardware business unit to quit.
Mumbai's T2 terminal puts up a good show on day 1
On an average, Mumbai airport handles around 30,000 international passengers and about 190 international flight movements.
5 stunning cars from Honda at the Auto Expo 2014
Honda, the Japanese carmaker, made its strong presence felt with the launch of new models and concept cars in the 2014 Auto Expo.
'Obama should create jobs in both Buffalo and Bengaluru'
US President Barack Obama should care about creating jobs in both Bengaluru and Buffalo and not only the latter, former Nasscom chairman told an American federal body.
SPECIAL: How good is Narendra Modi's business agenda?
Domestic business endorsement for Mr Modi never wavered, not even after 2002.
How ATMs can come to the rescue of the unbanked
Providing access to unbanked areas in the country has been high on the agenda of RBI, as almost 40 per cent of the population doesn't have a bank account.
Hot days ahead as Delhi government, Reliance wrangle
Team Kejriwal should go slow. They should, no doubt, keep putting pressure on the concerned firms to ensure smooth power supply, says .
Markets snap 3-day winning streak; Sensex down 250 points
Weakness in Asia and Europe dragged domestic benchmark share indices with banking and financial stocks leading the decline.
Why the Interim Railway Budget fails to impress
It has been another lost year for the Railways despite the intra-year measures to compensate for the rise in fuel costs.
'Railways' financial performance pretty robust'
According to railway officials, an operating ratio of 90.8 per cent was encouraging.
Which is the safest among best selling small cars? Find out...
A hatch back made by Volkswagen is the only safe car among best selling four wheeler.
China world's top gold consumer with sales crossing 1,000 ton!
The statistics show although the gold output and consumption in China have been setting new records, the gap between the consumption and output has grown wider and wider,
February 12, 2014Anti-Corruption Branch names Moily, Ambani, Deora in FIR
The FIR by the ACB was registered a day after Chief Minister Arvind Kejriwal said the agency has been told to probe their alleged collusion over hike in prices of natural
Why TMC thinks Interim Railway Budget is a 'sham'
The party's national general secretary, Mukul Roy, said, "This government has no moral or ethical right to place a railway budget."
DC Avanti: India's first sports car reaches production stage
Production is expected to start in the third quarter of the the current year.
Bajaj may soon launch a Tata Nano rival
The light weight vehicle features an automatic gearbox and an air conditioner, and will be developed for performance.
Rail service for Vaishno Devi pilgrims to start soon
Specially designed coaches for adverse weather conditions have been inducted for rail travel in Kashmir Valley.
Railway Budget at a glance
Railway Minister Mallikarjun Kharge on Wednesday announced a slew of measures for improving the services of Indian Railways.
Good news: Railways to run 17 premium AC special trains
Encouraged by the success of a premium AC special train between Delhi and Mumbai, Railways have decided to run 17 more such trains.
Railway Budget: Will train travel be a lot safer now?
A total of 5,400 unmanned level crossings were eliminated in the last one year.
Mumbai's pride: The stunning T2 terminal opens
Through these projects we are trying to solve traffic problems of this city: Mumbai CM.
Railway Budget: No hike in passenger fares, freight rates
Presenting the Interim Railway Budget for 2014-15, Railway Minister Mallikarjun Kharge on Wednesday announced that new trains will be introduced.
Railways' gift: 17 Premium, 38 Express trains
Presenting the Interim Railway Budget for 2014-15, Mallikarjun Kharge announced that new trains will be introduced.
Highlights of the Interim Railway Budget
Presenting the Interim Railway Budget for 2014-15, Mallikarjun Kharge on Wednesday announced that new trains will be introduced.
SPECIAL: Luxury hotels swap keys in India's economic slump
Slowing economic growth and an oversupply of new hotels conceived during the boom years of 2006 and 2007 have led to falling room and occupancy rates in India.
Yellen spurs market to a hat trick of gains
The E mid-cap and small-cap indices ended flat against Sensex's 0.4% up-move.
Rail Budget: Premium trains likely to be the highlight
No major announcements or tariff changes for freight or passenger segment likely to be announced.
Life has been full of pleasant surprises, says Rajan
RBI governor highlights the role of fate in his career at a meeting of the IIM-A alumni.
Auto Expo 2014 ends; over 5.61 lakh visitors attend the event
Car makers are happy with the positive response.
February 11, 2014Gold, silver imports dip 77% to $1.72 bn in Jan
Lower imports has helped narrow trade deficit to $9.92 billion in January from $18.7 billion.
Debate before taxing rich at very high rates: Narayana Murthy
We have to walk a very fine line between our desire to mobilise more and more taxes or having higher percentage of taxes, he says
Vodafone tax case: Govt to collect Rs 20,000 cr as talks fail
The revenue department, sources said, will pursue the tax demand along with accrued interest and penalty.
Gold smuggling rises in 2013-14: Govt
The enforcement agencies during the first nine months of 2013-14 have seized 1,074.41 kg of gold
Auto Expo 2014: Awesome cars, bikes you'll soon see on the road
Size-based tax structure has given rise to a unique category of compact sub-4-metre sedans & utility vehicles.
It's raining funds for political parties from corporates
With the Lok Sabha polls drawing near, the count of electoral trusts set up by companies to channelise their political funding is on the rise and at least 10 such entities have been registered, including those by Reliance, Tatas, Mahindras and Birlas.
Quadricycles get final approval, will hit the roads soon
Quadricycles will now be able to ply on the city roads across the country as the Law Ministry has approved the Road Ministry's proposal allowing them to be used as public transport
13 amazing cars on display at Auto Expo 2014
If you haven't had a chance to visit the show, we take you through the best four-wheelers on display at the event.
Nokia to unveil a low-cost smartphone on Android OS
Nokia will unveil a low-cost smartphone running a version of Google Inc's Android operating system, despite the company's close partnership with Microsoft Corp and its competing Windows system, according to a report in The Wall Street Journal.
Mathew Martoma could face 20 years in prison
Indian-origin Mathew Martoma, convicted for his role in the most lucrative insider trading scheme in US history involving $275 million, will be sentenced in June and could face about 20 years in prison.
Mumbai's T2 terminal to start flight operations from Feb 12
Mumbai Airport said it is all geared up to commence international flight operations from the recently inaugurated T2 (Terminal 2) at the Chhatrapati Shivaji International airport from Wednesday.
Rupee gains as trade gap shrink
Although dealing rooms were operational, apart from some big banks, most refrained from trading as there were no retail flow
Trade war: US warns India on discriminatory practice
The United States has protested against India's move to discriminate against US exports by requiring solar power developers to use Indian-manufactured equipment instead of US equipment.
Jan inflation seen easing on food, fuel prices
This would signal the third straight month of contraction.
IMAGES: The making of a Boeing 737
Boeing has started building the first Next-Generation 737 at the increased rate of 42 airplanes per month.
Markets end flat ahead of key economic data
NTPC, Hero MotoCorp and Reliance Industries down 2% each among the top losers
Railway Budget: No cut in fares, new trains likely
Faced with revenue shortfall, Railway Minister Mallikarjun Kharge is likely to refrain from announcing many populist measures in the interim budget on February 12.
February 10, 2014Skoda launches new Superb; price starts at Rs 18.87 lakh
The new Superb gets an updated front end with LED daytime running lights, Skoda's new family grille and a newly designed bumper.
Chevrolet launches all-new Beat at Rs 4.06 lakh
The all-new Beat gets refreshed styling with a new chrome-accentuated grille and an upgraded exterior.
Auto Expo 2014: The BEST cars from Maruti Suzuki
At the auto show, Maruti showcased some of its existing cars in a new avatar. Here are some of them...
How the humble Maruti 800 changed India
When the first Maruti 800 was introduced in 1983, it was made of almost entirely imported components; in a few years it had been heavily indigenised - although, for years, the older "original" models commanded a premium on the thriving second-hand market.
Why Nokia Lumia 1320 is worth buying
Here's a look at the strategically priced device that has commendable features.
Going to US? Makes sense to fly via Abu Dhabi
Waiting time for customs, immigration clearance cut drastically; Jet-Etihad alliance to get competitive advantage
Mumbai monorail turns out to be a big hit
The ticket sale in the first week itself crossed 100,000 and on the whole, the new mode of transport has run to its optimum best.
Tata Motors plotting a comeback with a sense of urgency
The company will bring a couple of new models every year and admitted that lack of new products has hurt the company.
Lehman impact shakes up India Inc's league table
Anil Agarwal breaks into big three; Anil Ambani group out of top 10; Essar, Adani lose out to JSW, Shiv Nadar & Motherson Sumi
Markets end in the red after volatile session
Amidst a volatile trading session and fluctuating levels, benchmark indices ended marginally lower as sales by foreign institutional investors in index heavyweights capped upside gains.
What is spectrum auction all about?
A primer on the ongoing spectrum auction, its process and how it would impact the companies
Auto Expo 2014: Over 1.21 lakh visit the show on Sunday
German luxury car makers - Mercedes Benz, Audi and BMW - attracted the maximum crowds during the day.
February 08, 2014Hardships at home force commercial vehicles to go on a abroad
Officials say domestic revival in this segment more difficult, as it doesn't have to do with consumer sentiment.
Auto Expo 2014 turns glamorous with celebrities
The temperature at the venue went soaring with stars such as Karishma Kapoor, Sameera Reddy and Priyanka Chopra came down to unveil products.
Why Salman Khan, John Abraham are crazy about Giant bicycle
While the most expensive bicycle from the company's stables costs about Rs 11,00,000, in a few weeks, it will launch a bicycle priced at Rs 13,50,000.
It's the end of an era for iconic Maruti 800
Bringing curtains down on the glorious saga of the Maruti 800 model, Maruti Suzuki India has stopped production of the iconic car brand that had been carrier for millions of Indian middle class families, since last month, said senior official of the auto maker.
February 07, 2014CNG, cooking gas prices slashed in Delhi
CNG price in the national capital is cut by a steep Rs 14.90 per kg and cooking gas piped into kitchens by Rs 5 per unit with effect from midnight tonight.
India lowers FY14 GDP growth rate to 4.9%
The economy is expected to grow 4.9 percent in 2013/14, marginally lower than the finance ministry's estimate of a 5 percent growth, dragged down by a contraction in the manufacturing sector, a government statement said on Friday.
All you need to know about Mathew Martoma's insider trading case
The maximum prison sentence he face is 45 years, but Martoma could be given a lesser prison time under federal sentencing guidelines.
Is Mathew Martoma's conviction justified?
Mathew Martoma helped SAC reap more than $275 million profit.
Indian-origin Mathew Martoma has a history of committing frauds
Years before he was accused of insider trading, former SAC Capital Advisors portfolio manager Mathew Martoma forged a Harvard transcript, falsified an email, and created a dummy forensic computing company to try to cover his tracks.
Auto expo 2014: How Triumph beat Harley-Davidson
With stalls adjacent to each other, Triumph was louder, with music and a host of heavy-duty cruiser bikes attracting more attention than the competitor.
Nooyi, Kochhar in Fortune's list of 50 powerful businesswomen
PepsiCo CEO Indra Nooyi and ICICI Bank Managing Director Chanda Kochhar are among Fortune magazine's list of 50 most powerful women in business who are
What Indian CEOs of global firms have in common
The educational background of global business leaders that India has produced has a striking similarity -- most of them received their Bachelor's in India and got their Master's in Business Administration from premier institutes in the country or the US.
Auto Expo 2014: What was Ratan Tata doing at Bajaj stall?
Automakers gauge the competition at the show.
Indian-American jobs at stake over Texas eyebrow threading rule
Beauticians with up to 20 years of experience have been asked to immediately stop eyebrow threading and spend more than $20,000 to undergo courses in government-approved beauty schools.
Pay Rs 170 crore for a posh villa in Delhi!
Tata Housing plans the country's most expensive gated villas in Delhi.
Is it the END of the road for Aadhaar?
Government's decision to suspend Aadhaar-based cash transfers in LPG has dealt a fresh blow to the project whose utility has always been questioned.
Markets end higher after volatile trade
Markets trimmed early gains to end marginally higher on Friday as investors turned cautious ahead of the GDP data for the current fiscal to be released on Friday.
Air India's outstanding debt a whopping Rs 26,033 cr
Air India's outstanding debt stood at a whopping Rs 26,033 crore (Rs 260.33 billion) and its working capital loans were over Rs 21,125 crore (Rs 211.25 billion) as on December 31 last year.
Mahindra's electric sports car touches 100 kms in 8 secs
Homegrown auto major Mahindra & Mahindra unveiled its concept electric sports car 'Halo' which it expects to launch commercially in the next three years.
Auto Expo 2014: Best car launches on Day 2
Maruti's small car Celerio was the biggest attraction followed by Mahindra's electric sports vehicle Halo.
February 06, 2014Sony sells Vaio; to cut 5,000 jobs globally
The Japan-headquartered company will also streamline its TV business.
Big Pharma pushes for US action against India
Emerging markets, from South Africa to China and India, are battling to bring down healthcare costs.
Auto Expo 2014: Toyota unveils its first crossover 'Etios Cross'
Auto major Toyota Kirloskar Motor on Thursday unveiled its first crossover, 'New Etios Cross', targetting young customers.
Fiat unveils two gorgeous cars for India; launches all-new Linea
The company unveiled premium sedan Avventura and high-performance Abarth 500
Renault launches new Koleos; Salman Khan gets the first car
The new Renault Koleos boasts a monstrous 173 PS engine with automatic 4x4, 6-speed transmission.
Airbus A350 XWB: This plane will help airlines save millions
The A350 XWB is a family of mid-sized wide-body airliners designed to enhance fuel, operating costs and environmental efficiencies during medium-to-long haul airline operations.
Auto Expo 2014: Maruti launches 'Celerio' at Rs 4.96 lakh
Aimed at strengthening its position in the compact car segment, country's largest car
Priyanka Chopra, Sachin add glitter to the Auto Expo 2014
Automobile companies unwrapped concept sedans, crossover utility vehicles and compact SUVs to lure buyers. Let's take a look at some of the cars that are launched at the Indian Auto Expo.
Satya Nadella to bag a pay package of Rs 112 crore!
Cricket-loving Satya Nadella will get a base annual salary of $1.2 million as new CEO of
Why Indians are forced to buy unsafe cars
Five small cars in the Indian market failed in the first-ever independent crash tests.
The man you should thank for high-speed WiFi and 4G
Meet Joseph Paulraj, a pioneer of MIMO wireless communications, a technology breakthrough that has revolutionised high speed wireless delivery of multimedia services for billions of people across the globe.
10 Indian-origin CEOs now manage business worth $350 billion
With Satya Nadella becoming CEO at software giant Microsoft, 10 Indian-origin persons holding top posts at global corporations manage businesses worth about $350 billion.
Markets ends higher after a volatile session
The markets ended marginally higher on Thursday, amid a volatile trading session, led by gains in FMCG majors Hindustan Unilever and ITC.
Auto Expo 2014: Best car launches on the first day
The Day 1 at the 12th Auto Expo started with a bang with some innovative concept cars by manufacturers both domestic and international, amazing designs of facelifts, new models and everything in between.
'Satya Nadella is a Beatles fan'
He also participated in horse riding.
February 05, 2014Nadella becomes a rage in cyber world
He is only third after US President Barack Obama in the virtual world.
Nissan to roll out two more Datsun models by 2016
The company wants to corner 10 per cent market share with both the brands, Nissan and Datsun, contributing half of sales by then.
Auto Expo 2014: Tata Motors unveils 2 stunning concept cars
Homegrown auto major Tata Motors on Wednesday unveiled a concept compact sports utility vehicle Nexon along with another concept car ConnectNext.
Renault unveils high-tech concept car KWID
This is the first time the company chose to reveal a concept car outside Europe and this is eloquent sign of it commitment to India.
Maruti Suzuki unveils mini-SUV, SX4 replacement
India's car market leader Maruti Suzuki India unveiled two concept models - sedan Ciaz and crossover SX4 S-Cross - as it looks to enhance its position in the bigger sedan segment going forward.
Microsoft still 'very relevant': Satya Nadella
Nadella led the creation of Microsoft's 'cloud' computing services
Isuzu launches D-Max Space Cab pickup truck
Japanese automaker Isuzu Motors launched a multi-utility pickup truck targeting small and medium entrepreneurs, which will be priced in the range of Rs 7000,000 - 800,000.
Auto Expo 2014: Bajaj ready to roll out quadricycle
Awaiting a formal notification on quadricycle, Pune-based Bajaj Auto on Wednesday said it is ready to roll out its RE60 model once it gets a go ahead from the government.
Hyundai launches new Santa Fe SUV, costs Rs 26.3 lakh
With its Storm Edge design language, the new Santa Fe replaces the older model and competes with the likes of the Toyota Fortuner, Ford Endeavour, Ssangyong Rexton and Chevrolet Captiva.
Ford debuts new Fiesta
The car is updated with the trapezoidal grille (Aston Martin inspired design touch), laser-cut new headlamps and a different bonnet.
Microsoft hopes Nadella can rekindle the magic
Microsoft Corp is betting a mix of old and young blood will revive the aging technology pioneer, but new Chief Executive Officer Satya Nadella may find it tough to push change with co-founder Bill Gates and former CEO Steve Ballmer breathing down his neck.
'Nadella has all the right attributes to reinvent Microsoft'
As Satya Nadella takes over as CEO of technology giant Microsoft, it is a thrilling moment for people of Indian origin in America.
Rupee logs first loss in three days
Falling for the first time in three days, the rupee washed out initial gains to end four paise
Auto Expo: About 70 cars to be launched this year
India's Auto Expo is considered to be among the biggest motor shows in the world.
Markets rebound from 4-month lows; Nifty holds 6,000
Markets rebounded to end marginally higher on value buying at lower levels.
We have the best platform to change the world: Satya Nadella
I will focus on things Microsoft can do uniquely. We are the company that enables people to do more - to play, to have more fun, to create more, says Satya Nadella.
Nissan to introduce 3 variants of its small car Datsun GO
The hatch competes with cars such as Maruti Alto and Hyundai i10.
10 cars that will set Indian auto show on fire
These cars are the future of mobility.
Cricket buff, technocrat, Nadella wears many a hat
A cricket buff and poetry loving electrical engineer from Hyderabad Satya Nadella is the next occupant of the Microsoft corner office in Redmond from where Bill Gates built his software empire.
February 04, 2014Friends elated at Satya Nadella's rise as Microsoft CEO
Parents, relatives and friends of Hyderabad-born Satya Nadella are elated after the news of his elevation as Microsoft's CEO broke on Tuesday evening, even as neighbours gathered at Nadella's posh Banjara Hills residence in Hyderabad to congratulate his parents.
Satya Nadella is a proven leader: Ballmer
Satya Nadella is a "proven leader" whose "strong technical skills and great business insights" will drive the world's leading technology company, says Microsoft's outgoing CEO Steve Ballmer about his successor.
Cricket taught me teamwork, leadership: Nadella
A poetry aficionado and a cricket fan, Microsoft's new CEO India-born Satya Nadella learnt lessons in teamwork and leadership by playing the gentleman's game.
READ: CEO Nadella's first email to Microsoft staff
Microsoft Corp named India-born Satya Nadella as its next chief executive officer, ending a longer-than-expected search for a new leader. Nadella is only the third CEO in Microsoft's 39-year history.
Classmates remember Satya Nadella as 'humble', 'ever willing to help'
speaks to the new Microsoft CEO's classmates in Manipal and Hyderabad to discover an inquisitive student who still attends the school reunion.
Microsoft names Satya Nadella as next CEO
The company ended a longer-than-expected search for a new leader after Steve Ballmer announced his intention to retire in August.
Burj Khalifa's top deck hosted over 1.87 mn visitors in 2013
The world's highest observatory deck at Burj Khalifa has defined its credentials as one of Dubai's most popular tourist attractions, welcoming over 1.87 million visitors in 2013.
Hyundai unveils Xcent; watch out Maruti Dzire, Honda Amaze
Hyundai's first made for India compact sedan will be available in both petrol and diesel engines.
What to expect from India's biggest auto show
India's flagship automobile show Auto Expo will kick off on Wednesday with companies hoping that new models to be unveiled during the spectacle will help revive demand at a time when the sector is going through a prolonged slump.
How Mukesh Ambani plans to catch up with Vodafone, Airtel
If he bets big, billionaire Mukesh Ambani will emerge from this week's airwave auction armed with spectrum that could make his Reliance Industries Ltd a formidable rival to market leaders Bharti Airtel Ltd and Vodafone Group.
After Mumbai dream run, monorail mania catches Chennai's fancy
After the successful launch of the monorail project in Mumbai on Sunday, Tamil Nadu is gearing up to implement a similar project in Chennai.
Nissan rolls out 'Datsun GO' from Chennai plant
The entry-level car, under the popular Datsun brand, is aimed at tapping the first-time car buyers.
Mumbai monorail rakes in Rs 2 lakh on Day 2
About 19,600 passengers travelled in 64 trips between 7 am and 3.15 pm on the Wadala-Chembur route.
Re ends 3 paise up against dollar; at 62.53
In line with equity market, the rupee trimmed its initial losses but was quoted still lower by 17 paise on dollar demand from banks and importers despite weakness of the US currency overseas.
Maruti Celerio: Will it be the next best-selling car?
The Maruti Celerio isn't a game changer but an average performer in many areas.
Why Satya Nadella is the right choice to revive Microsoft
Sramana Mitra, the founder of One Million by One Million, a virtual incubator that aims to help one million entrepreneurs globally cross $1 million in revenue, has seen many companies go through the early growth phase.
Will Micromax, Karbonn survive the Chinese onslaught?
After slaying biggies at home, Chinese smartphone makers bullish on India
Sensex recovers from 4-mth lows on late buying, ends flat
Market recovered after touching 4-month lows on account of short-covering in heavyweights
Corruption in public sector banks: Who pays the price?
The inefficient public sector with higher costs offers a lobbying cover for the entire sector, which confers even greater benefits on the private sector.
Why more India-born executives will lead tech giants
Experts argue that it is a sign of maturity of the industry and of Indian techies working abroad.
February 03, 2014Govt may tinker with tax rates to boost economy: Chidambaram
The government on Monday indicated that it may tinker with the excise duties and service tax rates in the interim budget in an apparent bid to boost economy but may not pursue key reforms legislations due to lack of political consensus.
Ford unveils gorgeous Figo Concept
Ford unveiled the global Ford Figo Concept in India, a move aimed at strengthening the company's compact car portfolio.
Facebook at 10: An amazing success story
The company was launched by Mark Zuckerberg on February 4, 2004, from Harvard University.
Tallest residential towers in the world; India's World One tops
Among the 30 tallest residential buildings in the world, India boasts of five buildings, including World One.
Tata Motors unveils compact sedan Zest and Bolt hatchback
Looking to cover lost ground in the car market, auto major Tata Motors unveiled two new models, which it plans to start selling in the second half of the year.
Economic recovery visible, albeit fragile: CII poll
The economy may have already bottomed out in the previous quarter.
Is the Samsung Galaxy Grand 2 worth buying?
The company hopes to make a splash in the mid-range smartphone market with its Galaxy Grand 2 model.
How to make a will that is tamper-proof
Here are ways to ensure your children and other legal heirs don't tear at each other when you're gone
Can Satya Nadella rescue Microsoft?
With speculations around the globe that Satya Nadella, 45 a senior executive at Microsoft, will be the next chief executive officer (CEO) of Microsoft, industry analysts welcome the idea but say Nadella has to change the company's business model to succeed.
Dalal Street jittery on pullout of FIIs, wobbly rupee
The markets will also keenly eye the HSBC manufacturing and services data.
Rupee logs 1st rise in 3 days, up 12 paise
The rupee on Monday gained for the first time in three days and closed up 12 paise to 62.56 against the dollar on fag-end sales of the US currency.
Weak China data wreaks havoc in domestic markets
Market breadth ended weak with 1,437 losers and 1,095 gainers on the E.
Meet the most successful global CEOs of Indian origin
With Satya Nadella set to become Microsoft CEO, more India-trained professionals are taking top positions in the world.
February 02, 2014Satya Nadella vs Sundar Pichai: Who will be Microsoft's CEO?
Executive Satya Nadella appears most likely to be named Microsoft's new CEO but the name of another India-born technology executive is doing the rounds as a candidate for the top job, a report said.
February 01, 2014Car sales: The winners and losers in January
Maruti Suzuki India (MSI) on Saturday reported 10.3 per cent decline in
Why Satya Nadella is good choice as Microsoft CEO
If Nadella wins the day, as expected, it will be for his innovative work on Microsoft's growing server and tools business, which provides online computing and storage for companies, said a source briefed on the search process.
Chidambaram faces mounting deficit in election year
Analysts and the central bank remain concerned about widening oil subsidies.
Have no wonder tool to fight inflation: Rajan
Rajan rules out picking unconventional tools to tame inflation
January 31, 2014Diesel price hiked by 50 paise per litre
The price of diesel in Delhi will be hiked by 57 paise.
India lowers FY13 GDP growth to 4.5%
The government on Friday said the economy may have expanded by 4.5 per cent in 2012-13, compared with the earlier estimate of 5 per cent, on account of subdued performance in agriculture, mining and manufacturing.
Best engineers in India are from Delhi, Bihar
The best talent pool of engineers is in Delhi, Bihar and Jharkhand, while those from Andhra Pradesh and Tamil Nadu are least employable, said a report.
What Suzuki's Gujarat plant means for Maruti
Maruti's decision to give the Gujarat plant to Suzuki may not be the proverbial win-win amid concerns about costly imports and pricing.
The best-selling Indian cars fail safety test
Some of the most popular small cars sold in India, including Maruti Alto 800, Tata Nano, Ford Figo, Hyundai i10 and Volkswagen Polo, have failed crash tests showing high risk of life-threatening injuries in road accidents, according to Global NCAP.
CEO race at Microsoft: Who is Satya Nadella?
A short profile of the Indian born Satya Nadella who could be the next top boss at Microsoft.
Will Air India buy more Boeing 787 Dreamliners?
Panel of its and govt officials to scrutinise operational record and decide whether to proceed with inducting more Boeing 787s.
Why Sunil Bharti Mittal loves his new CEO
People given to hyperbole would say that Gopal Vittal's rise at Bharti Airtel has been "meteoric". But in his case, superlatives could perhaps be forgiven. Here's why
From dignity to disgrace: What went wrong with Ranbaxy
Yet another factory of Ranbaxy, this time in Toansa (Punjab), has been banned from selling in the United States. Once again the company faces charges of unclean manufacturing practices.
Karl Slym's death is a wake up call for Indian companies
Tata Motors MD sudden death shows it is time companies asked themselves 'What would we do if we lost our CEO tomorrow?'
Market crawls back to life; breaks 5-day fall
The Sensex ends up 16 points to end at 20,514.
India-born Satya Nadella likely to be Microsoft's new CEO
Technology giant Microsoft is likely to name Indian-American top executive Satya Nadella to replace longtime chief Steve Ballmer as the new Chief Executive Officer, capping a five-month search for the only third CEO in the company's history.
20 best companies you would love to work for
The best companies to work for as ranked by Fortune magazine.
China may not be allowed to invest in India's railway projects
The proposal to allow 100% FDI in the construction and maintenance segments of the railway network was floated in August last year.
Rajan pans raising LPG cap, says it's misdirected subsidy
Minutes after the Union Cabinet approved raising the cap on subsidised liquefied petroleum gas (LPG) cylinders from nine to 12 per connection in a year, Reserve Bank of India (RBI) Governor Raghuram Rajan questioned the decision, suggesting it was "misdirected subsidy".
Should salaries be linked to performance?
Performance pay as a concept is increasingly gaining importance in emerging markets like India and China, but linking compensation to unquantifiable corporate goals is where the model flounders.
Success story: 10 best banks in India
Despite several challenges plaguing the banking sector, HDFC Bank has emerged as the best bank in India.
Lenovo hots up competition after Motorola deal
Lenovo Group, the Chinese technology company that earns about 80 percent of its revenue from personal computers, is betting it can also be a challenger to Samsung Electronics Co Ltd and Apple Inc in the smartphone market.
January 30, 2014Automakers pin hopes on Auto expo to reignite demand, sales
Amid economic slowdown, Auto Expo, the biggest spectacle in the Indian automobile sector, will begin next week with the industry hoping for a reignition of demand through the show, which will see 70 new unveilings.
Mahindra to unveil electric sport car Formula E in Feb
A Mahindra group firm and electric vehicle maker, Mahindra Reva will showcase its Formula E car along with a concept electric sports car at the Auto Expo starting next week.
India's first monorail to roll out in Mumbai on Feb 1
The country's first Monorail service will commence operations next month on the 8.9 km
Govt hikes subsidised LPG cylinder quota to 12 per year
Bowing to party pressure, the government on Thursday raised the quota of subsidised LPG to 12 cylinders per household in a year from nine at present and also put on hold paying users the subsidy into bank accounts using Aadhaar platform.
Are Ranbaxy drugs available in India safe?
If I follow US standards, I will have to shut almost all drug facilities: G N Singh
Corruption did not get worse during UPA rule: Chidambaram
The government, he added, was aware of the problem and was dealing with it.
Rupee seen to move around 63/USD in near term
From a credit risk perspective, there does not seem to be immediate danger.
Suzuki issue: Why India must regulate MNCs
Maruti Suzuki's announcement that a proposed factory in Gujarat will be owned not by it but by a fully-owned subsidiary of Suzuki Motor Corporation gives rise to several questions related to corporate governance - and to larger questions about the regulation of multinationals in India.
'India should be given credit for helping America'
India should be given credit for helping America recover from the economic crisis, says S Jaishankar, India's new Ambassador to the US.
AAP's vision document to outline economic policy
The document includes inputs from various groups such as labour and farmer unions and industry.
Google sells Motorola to Lenovo for $2.91 billion
It is Lenovo's second major deal on US soil in a week as the Chinese electronics company angles to get a foothold in major global computing markets. Lenovo last week said it would buy IBM's low-end server business for $2.3 billion.
Rupee retreats from session lows as state banks sell dollars
Traders broadly expect the rupee to stay in a 61.50 to 63.50 range over the next three months.
UPA faces a new moment of truth
No longer in eye of storm, but uncertainty still abounds over India on several scores.
Railways' pride: 20 superfast trains in India
The Indian Railways has an ambitious plan to increase the speed of Rajdhani, Shatabdi and Duronto trains to 160-200 km/hour over the next three years.
US Fed taper knocks down markets to 2-month lows
Further tapering by the US Fed led to a sell-off in emerging markets on concerns of slowdown in foreign fund inflows
RBI quietly begins tryst with inflation targeting
Rates would stay high for longer as CPI inflation now stands at nearly 10 per cent.
January 29, 2014Poll: Should MPs be treating like 'Maharajs' at the airport?
Do you agree with the government's idea of extending benefits to the MPs while you have to pay double the price of everything inside an airport and go through the thorough security check?
Rupee has recovered smartly to about right level: Chidambaram
US is not going to do the kind of sequential taper that was hinted in May, said FM.
Web gets new domain addresses like .guru, and .bike
The humble .com is set to receive some competition from a new set of unusual web addresses such as .guru and .singles!
This gorgeous car is Maruti SX4 successor
The car will come with a petrol and a diesel engine option.
Pvt airlines told to give special privileges to MPs
Protocol to accord such services to MPs have been in existence for over three years now.
India ranked at the bottom of Intellectual Property Index
For the second consecutive year, India has been ranked at the bottom of 25 countries in terms of protection and enforcement of intellectual property practices, a US Chamber of Commerce report said on Tuesday.
Slym jumped to death after row with wife, police surmise
Sally Slym told police they had fought so much that night that she could not talk to her husband any more.
10 safest airlines in the world
For those who are afraid to fly, here are the airlines that have the best record for safety.
10 amazing post offices from around the world
India has the largest postal network in the world with over 1, 55,015 post offices.
Immigration reform is key to America's economic growth: Obama
The comprehensive immigration reform if passed by the Congress will provide a path to citizenship to some 11 million undocumented people, including 240,000 Indians.
Rupee ends 10 paise higher at 62.41 vs dollar
There was sustained selling of the American currency by exporters ahead of a decision of US Federal Reserve on tapering its monetary stimulus.
Once the preserve of youth, IT staffing enters middle age
The bright youngsters they recruited years earlier have become earnest family types.
When cheques bounce, banks charge double penalty
Banks charge double penalty - where the cheque is issued & where it is deposited.
Market ends flat amid volatility
Markets ended flat ahead of January F&O contracts expiry tomorrow. Markets closed flat with a slight negative bias after a volatile session that saw key benchmark indices move in a narrow range.
Suzuki's move to run Gujarat plant faces a storm
New subsidiary to supply cars to Maruti Suzuki
Why is the govt running its banks so badly?
The relatively poor performance of government-owned banks comes at a cost to taxpayers.
January 28, 2014Mercedes launches C-class Grand Edition at Rs 36.81 lakh
German luxury car maker Mercedes-Benz today launched new C-class Grand Edition, both in petrol and diesel variants, priced at Rs 36.81 lakh and Rs 39.16 lakh respectively in the domestic market.
Karl Slym: A jovial person who won the hearts of many
Karl Slym was affable, gregarious and always motivated. Even in moments of crisis, Slym's sense of humour remained intact.
World's top 5 smartphone companies
The growth of Chinese manufacturers is shaking up the smartphone industry.
Get ready to pay higher EMIs as RBI hikes rates
Reserve Bank Governor Raghuram Rajan on Tuesday again surprised the markets and raised the key policy rate by 0.25 per cent to 8 per cent in a bid to curb inflation, a move that may translate into higher EMIs and push up the cost of borrowing for corporates.
Airfare discounts see a boom in tickets sales
The three-day discount sale launched by domestic airlines have boosted forward bookings of carriers in February and March, a lean season for travel.
Rupee recovers 8 paise, trades at 63.02 vs dollar
Rupee gained on fresh selling of dollars by banks ahead of the RBI policy meeting.
How postmen may help set India's monetary policy
Post workers are collecting data that determines the level of India's consumer price index, which is likely to become RBI's most important tool for setting monetary policy.
Markets end flat; shrugs off repo rate hike
IT majors and Maruti Suzuki down 8% were the top losers among Sensex-30.
A journey in a double-decker train from Delhi to Jaipur
The superfast double-decker train running between Delhi and Jaipur is new and posh, says a friend who has just been on it, up and down.
Things to check before building your house
You are likely to face legal problems and cost escalation, if these issues aren't nipped in the bud.
Rupee, worst performer among currencies of emerging markets
With a global selloff over concerns of the US Federal Reserve's bond-buying tapering impacting the currencies of several emerging markets, the rupee has been the worst performer since Thursday.
5 hot cars that will be unveiled in February
Indian Auto Expo that will start on February 7 will see 70 product launches. We bring the best of it.
Online versus offline trading: What you must know
Offline brokers usually incur much higher costs than online brokers.
January 27, 2014Amazon will now 'read' your mind, and ship products
Amazon has filed a patent for the technology called 'anticipatory shipping'.
Top executives may get over 10% pay hike this year
Indian companies are likely to give more than 10 per cent pay hike to their top executives
Affordable smartphones with useful features
We look at some smartphones that are loaded with useful features and give some punch, and at the same time go easy on your pocket.
Amazing Airbus A-380s will finally fly into India
Four Indian airports are currently equipped to handle these super jumbos.
Honda City diesel vs Hyundai Verna diesel: And the winner is...
Honda has taken to diesel and come up with its completely new City sedan. Ranged against it is the new version of the erstwhile segment leader, Hyundai's Verna.
How we can clean the highly polluted Ganga river
Water is drawn for agriculture, industry and cities, but only waste is returned to the river.
Did Tata Motors MD commit suicide?
Karl Slym, managing director of India's Tata Motors Ltd, died after falling from a hotel room in Bangkok in what police said on Monday could be possible suicide.
Special: Are PSU stocks worth betting on?
Retail investors should carefully follow recent moves on high dividend payouts or stake sales in state-controlled companies
IMAGES: Amul launches India's first milk ATM
In a pioneering move, Amul has launched India's first milk ATM.
Rupee drops 44 paise to 10-week closing low of 63.10 vs dollar
Succumbing to a rout in emerging markets, the rupee slipped past the 63-mark for the first time in ten weeks.
Budget: Will Chidambaram try to please voters?
Interim Budgets are usually presented in an election year either just before the general polls or immediately after them.
Sensex down 420 pts; highest percentage fall since Sep 2013
Rate sensitive shares led the decline ahead of RBI monetary policy review tomorrow.
9 amazing man made islands
Many countries around the world reclaim land to build airports, housing projects or even develop an entire city. Here are the nine biggest artificial islands made by men.
January 24, 2014The iconic Apple Macintosh turns 30
Thirty years ago today, Steve Jobs presented the new Macintosh personal computer to a room of Apple investors. The machine has maintained its impact upon the world ever since.
PepsiCo shifts from 'fun-filled' to healthy products: Nooyi
With consumers going the healthy way, PepsiCo decided to transform its portfolio from 'fun-filled' to 'good-filled' products, the beverages major's chief Indra Nooyi, Chairman and CEO of PepsiCo, said on Friday.
Indra Nooyi thanks her mother for her success
"When friends and relatives came, they all told my mother that she had got a great daughter. But it is not about me, but about my parents who brought me up so well," Nooyi said.
How to get your high-end smartphone insured
Increasing instances of theft and break downs means you could easily lose expensive items.
8 firms headed by Indian-origin entrepreneurs on Forbes' list
The list is topped by Fuhu, a California-based company that sells the Nabi, an Android-based tablet for kids.
RBI mandate on bank notes make customers anxious
Business people especially worried; banks suggest RBI's April 1 deadline might be too early.
Best selling phones: Lumia 520 outsells Galaxy Note 3, iPhone 5C
These devices set the trend for the future of smartphones.
Why do brands fret over ratings blackout
Some like Panasonic, Honda, Coca-Cola will turn to their agencies for help, others like Dabur would look at brand tracks.
8 gorgeous cars to be unveiled in India in Feb
Auto manufacturers are planning for global premiere of 15 cars at the Indian Auto Expo 2014.
Cognizant boss on what makes the company tick
Cognizant India Executive Vice-Chairman R Chandrasekaran talks to Business Standard about the experience and the way forward.
Meet the Indian techies who sold their company to Google
Fraud, spam and misuse are the words one comes across often while looking for information on the professional history of Vishwanath Ramarao and Naveen Jamal, the duo who shot to fame early this week after Google acquired their cyber security firm, Impermium, which they co-founded along with an American Mark Risher.
SPECIAL: Cognizant's amazing success story
Relative to its competitors such as Infosys, Wipro and TCS, Cognizant's spending on sales and marketing is 50% higher, says an expert.
USFDA bans more products from Ranbaxy
The move follows an FDA inspection of a Ranbaxy facility which identified significant violations of sound manufacturing practices.
10 most expensive streets in the world
Let's take a look at some of the most expensive streets in the world.
Markets slump as high interest rates may prevail
BSE Realty, Capital Goods and Consumer Durables indices were down by 3% each.
Govt banks stare at mid-level crisis
A quarter of managers to retire in 3 years; new private banks also seen as threat.
What stops India from being a superpower? Poor education
A nation touted at places like the World Economic Forum in Davos a few years ago as an economic superpower in the making is only just beginning to address the problem that only 27 per cent of children in class 5 in its village schools can subtract.
Biocon forced to move clinical trials out of India
Biocon, which sought to develop drugs for India and other emerging markets from home, is in a quandary.
Top-level exits at Infosys have a silver lining
Top-level exits at Bangalore-based Infosys may have led to concern about the company's medium-term growth, but these have contributed to Executive Chairman N R Narayana Murthy's strategy of cost optimisation.
January 23, 2014CPI-M slams BJP's economic blueprint
Communist Party of India-Marxist on Thursday trashed Bharatiya Janata Party's economic blueprint as 'semantic verbiage' akin to 'fascist demagoguery.
Jagriti Yatra: Building India through enterprise
An ambitious endeavour, the Jagriti Yatra is both a promotion of enterprise and itself a manifestation of ingenuity and entrepreneurial spirit.
Indian economy is like a super highway, says Friedman
Friedman was participating in a session on India Outlook at the World Economic Forum in Davos on Wednesday where Finance Minister P Chidambaram was present.
'India to create 100 mn jobs in manufacturing sector'
According to the minister, India needs to expand its manufacturing sector to boost exports and ensure sustainability.
No need to ring alarm bells for India, says Montek
Ahluwalia said that emerging markets would need to focus more on FDI and bonds among other measures to make up for the fall in bank credit.
AirAsia promises low fares in India; expects to launch soon
Hopeful of launching flights in India in next 2-3 months, Air Asia chief Tony Fernandes says that the airline would introduce 'dramatically' low fares in the country, which would be cheapest in the market and take air travel to masses.
Tata Motors offers VRS to improve balance sheet
A company spokesperson said VRS is and will be offered to 'white-collar workers only'. Tata Motors employs around 30,000 people.
Indian leaders who gave WEF meet a miss
While the rich and famous from across the world have assembled in Davos for their annual talk-fest and networking for business, many top Indian business leaders like
IMAGES: A tour of Moscow Metro's amazing stations
One of the world's oldest and most beautiful metro networks in the world, Moscow Metro has 190 stations.
How to identify if your banknote will be valid after April 1
RBI to withdraw pre-2005 notes: Here's how to recognise the new from the old.
SPECIAL: Sony warms up for new game plan
By winning FIFA broadcast rights and focusing on new genres, Sony Six hopes to create a niche.
Can Ford EcoSport beat its competitors in 2014?
Ford EcoSport is undoubtedly, the most successful launch, the Indian automobile industry has witnessed in 2013.
Bangkok tremors turn tourist tide to India
While Bangkok is one of the most popular destinations in Asia, India enjoys the advantage of being a country with a wide range of attractions.
Big hurdles ahead for Posco project in India
The government's revalidation of the environment clearance for its steel plant in Odisha may not go far and it may still be years before the project takes off.
Sensex ends at all time closing high
L&T, HDFC, Infosys, Axis Bank among the top gainers.
Want to exchange soiled notes? Don't forget your identity proof
RBI to withdraw all pre-2005 notes; move seen as effort to unearth black money.
Why there is little hope of an RBI rate cut this year
Focus on inflation, higher CPI projection dampen bond market mood.
Modi-led govt better for Indian economy: Moody's
It said early polls suggested the BJP should win the largest number of votes and seats, giving it the opportunity to form a government.
SPECIAL: Rigour and risk in RBI's reform push
Government incentives to grow rice and wheat as part of a subsidised food programme for the poor also keep prices high.
January 22, 2014BSE: Top gainers and losers
The 30-share Sensex of the Bombay Stock Exchange closed 86.55 points higher at 21,337.67 and the National Stock Exchange Nifty index closed at its highest closing levels in 2014, up 25.15 points at 6,338.95.
Beyond politics: FM wants to edit a newspaper!
Chidambaram said this when he was asked by Financial Times Editor Lionel Barber on what he would he like to do beyond politics.
Decline in layoffs calms Indian job market
The companies currently hiring in India is 38 per cent, which is a two per cent drop year-on-year and down on predictions made in June 2013.
Kashmir trade stalls as India, Pakistan fight over drugs bust
The spat, which comes after the two sides agreed on Saturday to allow round-the-clock movement of trucks and containers through their main border crossing further south in Punjab, underlines the fragility of the peace process.
Why Crisil expects India's growth to improve next year
Crisil said the next fiscal could be a year of new leadership and old challenges.
In Asia, workers in Singapore are most unhappy
The top reasons for dissatisfaction were an unsuitable corporate culture, difficult bosses and being asked to do more with less.
TCS leads IT upswing, but can it remain investors' darling?
The third-quarter results of information technology (IT) software leaders indicate that the turnaround in the world's developed economies is a rising tide that is lifting virtually all boats.
39% of world CEOs are very confident of growth
But worries mount over emerging markets and regulation
Loyalty is 'irrelevant', it's performance that matters in Wipro
Wipro, India's third-largest software services company is making a shift in its human resources practice.
Revealed! Sketch of new Datsun Concept!
Datsun vehicles will start sales in India, Indonesia, Russia and South Africa from 2014.
RBI expected to ease liquidity in the next policy review
Central bank may raise the limit on repo borrowings or purchase more of govt bonds.
SPECIAL: Why Moily is in a hurry to clear big projects
With only months to go for the general elections, the new environment minister has gone into overdrive to clear projects.
16 airports that boast of AMAZING records
Be ready to be awed by some of the records these airports hold.
IMAGES: World's 10 longest highways
The United States boasts of some of the world's longest highways.
Force One SX vs Mahindra XUV 500: Which is better?
The love story with big, brawny SUVs refuses to end.
An underground tunnel to link Mumbai's domestic airport to T2
The Mumbai airport is likely to become the first in the country to have an underground tunnel for airside vehicular movement.
No poor countries in the world by 2035, says Bill Gates
By 2035 most countries will have higher per-capita income than what China has right now.
Reliance Jio's grand plans a worry for telecom sector
Market expects either a price disruption or differentiated service; combination of both could hurt incumbents.
Equities arrive: Markets end at highest 2014 closing levels
Reliance up 0.94%, Sun Pharma up 2.85, ICICI Bank up 0.76%, Bharti Airtel up 1.56% and Tata Steel up 2.2% were the top Sensex gainers today.
Textiles & IT/BPO push job growth
Added bulk of rise in labour-intensive sectors for September quarter; export segments fuel increase across the board
Mega projects in limbo: Praful Patel admits UPA's 'failure'
Admitting the "failure" of the UPA government in grounding several mega projects in a time-bound-manner, Union Minister for Heavy Industries and Public Enterprises, Praful Patel blamed it on the environmental "activism within the government".
January 21, 2014Why are real estate prices still high despite weak demand?
The sale of fresh residential units (in square foot) by listed real estate companies has seen a downward trend in the first half of 2013-14.
LPG cap: Will Cabinet endorse Rahul's views?
If the quota is raised to 12, about 97 per cent of the LPG consumers would be covered by subsidised LPG.
Thailand tops the chart for Indian travellers!
The recent Hotel Price Index report by Hotels.com showed that three Thailand cities -- Bangkok, Phuket and Pattaya -- are in the top 10 destinations explored by Indian travellers in the last two years.
New Tata Vista VX Tech is here @ Rs 5.99 lakh
The new top of the line variant -- Vista VX Tech comes with various features such as a touchscreen multimedia system with GPS Navigation.
This is how Swiss banks plan to woo rich clients
As hundreds of world's rich congregate for the World Economic Forum Annual Meeting in Davos, many of them have also scheduled meetings with Swiss bankers to devise new strategy for their hidden wealth.
Biyani bets big on small lifestyle companies
After making handsome profits on Biba and AND, the homegrown retailer plans a string of similar investments.
Crossrail: Building Europe's largest infrastructure project
Crossrail, the largest infrastructure project in Europe which will ease the burden on London's crowded underground rail network, has reached the half-way stage.
SPECIAL: 8 reforms political parties should talk about in 2014
The author suggests eight reforms that all parties competing in this year's general elections should embrace.
Secret gizmos that can help you fight corruption!
Citizen sleuths need a variety of secret gizmos to carry out the sting operations recommends Arvind Kejriwal.
These small, mid-cap stocks are FIIs' favourites
Stakes raised significantly in select companies during Dec quarter, pushing sectoral indices up more than larger peers.
SPECIAL: What Modi didn't say about the economy
Narendra Modi's speech had surprising omissions about his economics.
Tata Motors unveils its first PETROL engine in 15 years
The company will market this new range in petrol engines under the Revotron brand.
Markets end flat; Bank Nifty up 1%
ITC, RIL and TCS among the top losers for the day.
Nissan to unveil some stunning cars at Auto Expo
Nissan Motor Company, the renowned global passenger car maker, has been outstanding at the domestic front ever since its arrival.
Mumbai's classy T2 terminal to rival world-class art museums
Mumbai International Airport's new T2 terminal has an art collection to rival world-class museums, a miscellany of cultural nuances that embodies India.
How not to lose money in the stock market
Data show that the chances of loss lessen with more time spent in the market
Railways' plan to mint money: AC tickets at Rs 12,000-Rs 17,000!
Railways plans to cash in on huge demand to shore up passenger revenues.
Can the UPA claim India is 'shining'?
The poor quality of the initial statistics must take some of the blame for the flak that the government has been getting; growth rates have been recorded as plunging more than they may in fact have.
January 20, 2014Why new flat for your old one needs a lot of homework
Changes in policies and increase in applicable rates are leading to delays in redevelopment. Residents should know how to avoid the pitfalls
BSE: Top gainers and losers
The 30-share Sensex ended up 141 points at 21,205 and the 50-share Nifty gained 42 points to close at 6,304.
World's 85 richest people own half of global wealth
The report by worldwide development organisation Oxfam details the impact that widening inequality is having on the world economy.
UPA's fatal neglect of the direct taxes
Obsessed with spending, the UPA has ignored the vital task of expanding the direct tax net.
SPECIAL: Toothpaste war intensifies as HUL, P&G gnash their teeth
Colgate cries foul over P&G's claim that its Oral-B toothpaste is best in the country.
NSE top-ranked globally for equity trades for 2nd year in 2013
NSE recorded almost 145 crore (1.45 billion) equity trades on its platform last year, a gain of 3 per cent from 2012, making it the biggest among 51 global peers, according to data with the World Federation of Exchanges.
Is Nokia's phablet Lumia 1520 worth the price?
The Lumia 1520 has features to die for, but to be a proud possessor of the smartphone would mean burning a hole in your pocket.
William, Kate and Harry set up firms to protect 'brand'
The firms were set up in 2012 on the advice of lawyers, but have been dormant ever since and are not intended to be used for trading, the report said.
Do Indian politicians lack economic vision?
Both BJP and Congress are offering more of the same, without appearing to realise that welfarism can cause bigger economic problems if adequate growth is not ensured.
20 trains with longest routes; 4 from India!
The Trans-Siberian Railway holds the record for maximum number of long distance passenger trains.
IT shares boost markets; Sensex up 141 points
Markets ended higher led by IT majors after they reported better-than-expected third quarter earnings.
Air India in crisis? It doles out free air tickets to staff
While its top officers like functional directors and joint managing directors are entitled to get 24 free tickets each year, deputy general managers and above get 20 passages under a scheme called Passage Entitlement-Vacation Travel.
Air India, others plan direct flights to top global destinations
Airlines are in talks with Delhi airport over connectivity on 7 routes.
'Delhi created maximum jobs; overall hiring declined in 2013'
The study also found that new job generation plummeted in most sectors as about 20 out of the total 32 sectors tracked by the study registered a fall in new job generation.
Doing business in India set to become easier
It will provide a single-stop shop for all business licences and permits, eliminate the need for a physical interface with various regulatory authorities at the central, state and local government levels and provide all business-related information 24x7 on a single portal.
Mercedes to unveil CLA45 AMG sedan at the Auto Expo
Besides, the company would launch its sports utility vehicle the M Guard during the show.
Six Sensex cos add Rs 32,064 crore in market cap; Infy top gainer
Four companies --TCS, Coal India, Wipro and Bharti Airtel -- saw decline in their market-cap.
IT firms help India Inc bounce back from slowdown
The net profit of 82 firms up 20.2%, but topline growth slows to 14.7% on muted show by manufacturing firms.
January 19, 20142 more foreign brands add fizz to India's vodka market
These premium brands are distributed by US-based Russian Spirit Inc, owned by Uzbekistan Jew Roman Tallis.
Unfazed by pact, Bhargava wants AI book to take off in e-space
The Descent of Air India chronicles the financial woes of the airline caused by alleged dovernment interference in its functioning.
Income Tax department eyes foreign gold buyers
The duty, which is charged at the rate of 10 per cent, is payable in currency of the nation where the gold was bought.
BJP vows to revive manufacturing
The party pledges to raise share in GDP to 20 per cent if voted to power; promises I-T relief to middle class; job for one member of each family.
January 18, 2014US prepared to bring back jobs lost to recession: Obama
Obama said where Congress is not acting, he will act on his own to put opportunity within reach for anyone who is willing to work for it.
Will the new US bill affect aid to Pakistan?
The US Congress has also withheld $33 million assistance until Pakistan releases Shakil Afridi from prison.
LPG subsidy: Rahul's populist punch might pinch OMCs
In September 2012, the government had capped the number of LPG cylinders at six to reduce the subsidy burden.
Mamata skips CII meet over Suchitra Sen's demise
However, the chief minister made up for her absence by addressing the gathering via state Industry and Finance Minister Amit Mitra's mobile phone.
Stability returning to RIL's core businesses
E&P surprises in the quarter; analysts expect the gains from higher output and prices to reflect in coming quarters.
What the tech, telecom leaders want from Modi
Modi on Friday met industry leaders in New Delhi at a closed-door meeting.
January 17, 2014Reliance Q3 net flat at Rs 5,511 crore
Indian energy conglomerate Reliance Industries reported a nearly flat profit of Rs 5,511 crore ($895 million) for the December quarter but beat analyst estimates, helped by stable margins in its main refining business.
Wipro Q3 net up 27%, beats estimates
Wipro joined its other information technology peers -- Infosys, Tata Consultancy Services and HCL Technologies in beating estimates.
BSE: Top losers and gainers
The 30-share Sensex ended lower by 202 points at 21,064 and the 50-share Nifty fell 57 points at 6,262. The Sensex and Nifty touched an intra-day low of 20,016 mark and 6,246 levels, respectively.
The top 10 retirement destinations in the world
If you are in your sunset years, here are nations that give you the best deal.
Chidambaram tries to hard sell 'growth story' once again!
The Congress-led United Progressive Alliance government, in power since 2004, will
Honda to unveil mini SUV Vision XS-1 in India next month
Outlining the company's plans for India's flagship auto show, the firm said in a statement that it will globally unveil a new creative model, the Honda Vision XS-1.
How Akosha turned consumer complaints into a unique business
% of the complaints Akosha received in the October-December 2013 quarter were from telecom consumers.
Tata Motors to unveil new petrol engine to power next-gen cars
The engine 'is set for a revolution that will change the face of the Indian automobile industry', the company claims.
Diamond jewellery sector lays off 15% of workforce
The sector spends substantial sums on training.
Mercedes S-Class: The best car in the world
No other car comes close to this engineering marvel.
SPECIAL: What ails the public sector banks
This article examines the call for the government to reduce its majority ownership in public sector banks ostensibly with the objective of improving the functioning of these banks.
Delhi airport set to become a top hub for global flyers
The Delhi airport, with the share of its transit passengers in total annual traffic nearly doubling in three years to about 18 per cent, appears to be transforming itself into an international hub.
Sensex ends below 21,100 mark; Q3 nos disappoint
The broader markets underperformed the benchmark indices- E Midcap and Smallcap indices fell between 1-2%.
Reliance Jio goes for the kill
Company now plans to use 1800 MHz band spectrum as the primary wave while the 2300 Mhz wave will be supplementary for enterprise customers.
IT giants beat the Street, bullish on outlook
TCS, HCL Tech join Infy in reporting improved earnings, are bullish on outlook.
FDI in retail won't make a country better off: Stiglitz
The Aam Aadmi Party's decision to disallow foreign direct investment (FDI) in Delhi's retail sector has a taker of sorts in economics Nobel laureate Joseph Stiglitz.
January 16, 2014Microsoft considers Ericsson CEO for top job
Microsoft Corp is considering Ericsson Chief Executive Hans Vestberg as a possible successor to outgoing CEO Steve Ballmer.
48% Indian households expect economy to worsen in 2014
The study was conducted along with its research partner -- Nielsen Company in the last quarter of 2013.
TCS Q3 profit surges 50%, beats estimates
Tata Consultancy Services said quarterly consolidated net profit surged 49.6 percent, its fastest pace of increase in at least two-and-half years, helped by increasing demand for outsourcing services in the United States and Europe.
BSE: Top losers and gainers
At close, the Sensex was down 24 points at 21,265 and the Nifty was flat at 6,319.
Honda launches new variant of Amaze; priced at Rs 6.22 lakh
The SX variant sits right between the mid-level S and top of the line VX variant.
Murthy magic has started to show on Infosys
Cost cutting has begun to deliver; analysts say the real turnaround will come when Murthy's impact is evident on sales and delivery.
Election results could impact growth, says Moody's
The World Bank has projected that India's economy will grow at over 6 per cent in 2014-15 and 7.1 per cent by 2016-17 as global demand recovers and domestic investment increases.
Beware! Fairness creams, lipsticks contain banned chemicals
A study conducted by a leading green NGO has found high amount of heavy metals including mercury in fairness products of reputed companies being endorsed by big Bollywood names.
Amazon to launch its best selling e-reader in India
Global online retailer Amazon will launch its e-reader Kindle Paperwhite in India next
Biggest billionaire controversies in the past one year
Past one year has been a rollercoaster ride for India's billionaires. While some were allegedly involved in scams, some got in tussle with government. Let's look at the biggest controversies Indian billionaires courted in the past one year.
Kejriwal's move, a blow to the crisis-hit power industry
After Delhi's move to slash its electricity tariff by half, other states are calling for similar concessions, dimming the prospects for electricity reforms.
Why do AAP's electoral promises make little financial sense?
The author looks at what can be discerned of citizens' troubles from the new political party's platform.
EXCLUSIVE images: INSIDE Mumbai's NEW airport terminal, T2
, who was allowed exclusive access to Mumbai's new airport terminal, T2, tells its story in pictures.
RBI seen softening stand on policy rate as inflation cools
WPI-based inflation falls to 5-month low of 6.16%.
Markets consolidate; telecom slumps
Bharti Airtel, HDFC Bank, Tata Motors and ITC among the top losers for the day.
Modi pleases India Inc with tax talk
At the Ficci meet, the Gujarat chief minister says 'tax terrorism' in the country is inherently venal; calls for discussion on economic reforms.
January 15, 2014BSE: Top gainers and losers
The 30-share Sensex ended up 257 points or 1.2% at 21,289 and the 50-share Nifty ended up 79 points or 1.3% at 6,321.
Sony unveils budget smartphone Xperia E1
Sony soon plans to launch Xperia E, a budget Android phone with special focus on music. The phone is a successor to Xperia E launched last year.
How politicians are using social networks to woo voters
Social media is the new advertising tool for today's politicians and political parties
Beware! The Chinese (yuan) are coming
Beijing is aggressively pushing, with some success, the internationalisation of its currency.
India has become a country of under-achievers: Modi
Launching an attack on the economic policies of the UPA government, Narendra Modi on Wednesday said the main reason behind the "despair" prevailing in the country was that nobody takes responsibility.
Time Warner to sell its NY headquarters for $1.3 billion
Time Warner, one of the world's largest media companies, is in the final stages to sell its New York headquarters in a whooping $1.3 billion, a media report said on Wednesday.
Revealed! The new Tata Vista that will replace Vista D90
The top-end Vista Tech VX will get features such as ABS with EBD, touchscreen multimedia system with satellite navigation, keyless entry and steering integrated audio controls.
World Bank projects India's growth at over 6% in 2014-15
According to the report, the global economy is projected to strengthen this year, with growth picking up in developing countries.
BJP wants to do away with Income Tax; is it practical?
The Bharatiya Janata Party's proposed banking transaction tax is ill-conceived and inadvisable but it is disruptive enough to raise questions about the perverse nature of India's current tax regime and the need to reinvent it.
Foreign investors bet big on IT stocks in Dec quarter
During the quarter ended December, foreign investors aggressively raised their shareholding in Indian information technology (IT) companies, especially mid- and small-sized ones, according to shareholding data.
FM's solution to fiscal deficit: Earn now, spend next year
Finmin wants higher advance tax from India Inc, interim dividend from PSUs.
Pathetic state of Railways: Blame the political leadership
The work and management culture in the Railways needs to be severely shaken up, but the conventional political leadership of the country is unable to do it.
AAP's stand on retail FDI presents intriguing possibilities
On the retail FDI issue, a possibility being talked about in the corridors of power is the Congress might withdraw its support to AAP in Delhi.
Markets surge as Dec WPI eases to 5-month low
Markets surged after Dec WPI which eased to 5-month low raised hopes of a neutral stance by the RBI at its policy meet end-January.
Why Narendra Modi is wrong on taxation reforms
The post-1991 economic boom was accompanied by a reduction in indirect taxes and rise in the share of direct taxes, and vice versa in the current slowing
How Delhi, Mumbai airports turned into money spinners
The airports run by leading private operators GMR and GVK, especially those in Delhi and Mumbai, are turning out to be cash cows for the government.
Skoda to soon launch all-new Superb in India
The company is expected to announce the detail in the India Auto Expo.
January 14, 2014Switzerland ready to discuss tax info-exchange with India
There have been concerns in India about limited flow of tax information from Switzerland about Indian citizens, who have allegedly stashed away unaccounted money in Swiss banks.
Why India needs a vibrant manufacturing sector
The specific characteristics of the Indian growth slowdown are poised, according to some observers, to stall a major structural change to the Indian economy.
Nano Twist a better value-for-money car than Alto, EON
The cheap-car tag fades with every new variant, Tata Motors inches towards taking on other city cars.
How Airbus beat Boeing to regain top position
Airbus stands ready to increase output after winning an industry peak of 1,619 new airplane orders in 2013, as it seeks to turn a record backlog of almost nine years of plane production into hard profit.
India falls in economic freedom, ranked at 120
Noting that India continues to suffer from low, but improving, levels of economic freedom, the latest Index of Economic Freedom ranks the nation 120th
Is US recovery a positive sign for Indian markets?
The developed world's recovery, particularly that of the US, is not necessarily a positive for the Indian market.
Is it time to raise your contribution to EPF?
As long as a provident fund continues to be exempt from tax at all stages, it is the best option to build a retirement corpus.
Sensex down 100 points; software shares slump
TCS, ICICI Bank, Tata Motors and Tata Steel among the top losers for the day.
Why cancellation of Vedanta's Niyamgiri project is worrying
The government of Odisha is likely to appeal to the Supreme Court against the decision by the central government in New Delhi to halt the bauxite mining project being undertaken by Vedanta Resources in the Niyamgiri area of the state.
Volvo S60 vs Mercedes Edition C: The winner is...
Is the Volvo S60, the new feature-laden beauty, better than the Mercedes-Benz Edition C?
How Google has made the smartphone more intelligent
A peek at Google Now's features that help users in their daily tasks.
January 13, 2014Markets record highest one-day gain in 7 weeks
Markets surged nearly 2% led by IT majors on better-than-expected Q3 earnings from Infosys and hopes that RBI would continue to maintain status quo on key policy rates.
Mercedes Benz India to launch 8 new cars this year
German luxury carmaker Mercedes Benz plans to launch about eight new products in India this year as part of plans to continue with the double digit growth that it witnessed last year.
BSE: Top gainers and losers
The 30-share Sensex ended up 376 points at 21,134 and the 50-share Nifty ended up 101 points at 6,272.
India's economic woes far from over
The current account deficit, the difference between outflow and inflow of foreign exchange, would be about 2.3 per cent of gross domestic product because of the fall in gold and non-essential imports, the financial services major said in a report.
How travel has become a nightmare in Indian Railways
Indian Railways is one of the biggest and busiest rail networks in the world, operating 9,000 passenger trains and transporting up to 20 million passengers every day.
Tata launches Nano Twist at Rs 2.36 lakh
Tata Motors have launched the Nano Twist in Mumbai. The Nano Twist, is the power steering variant of the Nano.
Political parties promise the moon; will you fall for them?
As the election season approaches, bad ideas seem to gain currency. Here's analysis of promises election parties have made.
The Murthy effect
Global recovery and internal shake-up at Infosys have worked in tandem.
EPFO nods raising Provident Fund interest rate to 8.75%
The Central Board of Trustees, which is the apex decision-making body of the Employees' Provident Fund Organisation, met on Monday and approved the interest rate.
Nokia Lumia 525 or HTC Desire 700: Which is better?
With a plethora of smartphones in the market to choose from, you are spoilt for choice.
Iconic IMAGES capture the beauty of BMW
Let's take a look at some of the BMW models that have graced the roads.
He is reinventing nine yards of silk
The 89-year old, Chennai-based silk saree and apparel major, RmKV, is re-inventing the saree.
Micromax to launch tablet that works on Android, Win 8
Indian smartphone maker Micromax's dual-operating system tablet Laptab will be priced under $500 (about Rs 30,000) and will be available in the domestic market next month.
Wear a full-fledged computer on your wrist!
Here's our pick from CES 2014, which, we feel, you should be excited about.
January 11, 201425 countries that drink most beer, wine, spirits in the world
Let's take a look at some countries that consume most beer, wine and spirits in the world.
T2 will not make Mumbai airport expensive: Sanjay Reddy
GVK group Vice-Chairman Sanjay Reddy said the launch of a new integrated terminal would not make flying out of Mumbai expensive.
January 10, 2014PM inaugurates Mumbai airport's swanky T2 terminal
Prime Minister Manmohan Singh on Friday inaugurated Mumbai airport's integrated terminal, T2, which will boost the airport capacity to 40 million.
Nachiket Mor: A banker who is never short of ideas
Nachiket Mor is a man of ideas. He is so passionate about his projects that sometimes he overpromises and fails to live up to expectations.
Best of luck to those who LEFT Infosys: Murthy
Unfazed by the exodus of top executives, Infosys co-founder and Executive Chairman N R Narayana Murthy on Friday said he wished luck to those who quit the firm and said the company has a strong cadre of leaders and that its future will not be "compromised".
Why Taj and Leela are selling their hotels
Burdened by debt from their rapid expansion in the last few years and the shrinking economy, many hotel chains are now casting around for buyers to sell their assets.
BJP questions cost escalation of Mumbai Metro project
Alleging that there has been an enormous cost escalation in the Mumbai Metro Rail project, Bharatiya Janata Party (BJP) has demanded that Maharashtra government should conduct a special audit to find out the `real cost'.
75 exciting vehicles to launch at India's biggest auto show
Rising from a slowdown continuing for the past several quarters, Indian automobile makers are set to launch a record number of vehicles at the 12th edition of the Auto Expo from February 5.
Despite early chill, 2014 to be hot year for stock markets
Notwithstanding the stock market in 2014 logging one of the worst New Year starts since 1996, the year heralds the beginning of a bull cycle in India and the Sensex may scale the 24,000 peak by December, Deutsche Equities said.
Top 5 free messaging apps
WhatsApp and BlackBerry Messenger are the two prominent Android instant messaging applications. However, there are several messaging apps that are worth trying.
India slips from top to 8th spot in business optimism
The data was drawn from interviews with 3,500 senior executives across industry sectors and was conducted between November and December 2013.
Infosys is out of rehab, looking lean and hungry
Founder Narayana Murthy has lost eight top executives since returning to the outsourcing company.
Is market's love affair with the BJP justified?
Akash Prakash argues the changes needed to revive growth will happen, whether the BJP or anyone else comes to power in 2014.
Microsoft succession speculation focuses on internal candidates
A source close to the company said no appointment was likely until the last week of January or in February.
Markets end tad higher ahead of the November IIP
Markets end marginally higher supported by IT shares as Infosys's Q3FY14 results boosted sentiment.
20 gadgets to look forward to this year
Consumer Electronics Show gives a preview of the amazing gadgets that will come out in the market in the future, as most leading technology companies announce their products in the trade show. Here are 20 products that stand out from this year's event.
Infosys q-o-q profit up 19.4%; revenue growth forecast raised
Infosys Ltd, India's second-largest software services exporter, posted a 21 per cent rise in quarterly net profit, beating estimates, as stronger economic growth in Europe and the United States revived demand for outsourcing services.
January 09, 2014Little Eye Labs founders are great deal makers: Rajesh Sawhney
Rajesh Sawhney's Twitter account is flooded with congratulatory messages. His GSF Accelerator funded Little Eye Labs, bought by Facebook on Wednesday.
Stocks that have a high upside potential
Their businesses are expected to do well this year and the scrips' downside risks are limited, as the valuations are reasonable.
Why the Indian economy will continue to suffer
The overhang of corporate debt is the primary straitjacket that ties our firms down, not the bottlenecks created by our alternately slothful and interventionist courts and bureaucrats.
Annual auto sales witness first decline in 11 years
According to the Society of Indian Automobile Industry, domestic car sales last year fell to 18,07,011 units from 19,98,703 units in the previous year.
Biggest airport projects that will change the face of India
The GMR group-run Delhi and Hyderabad airports have not only been gleaming examples of successful public-private partnerships, but they are also among the country's favourites.
'Inflation to moderate in coming months'
WPI inflation rose to a 14-month high of 7.52 per cent, while the retail inflation was in double digits at 11.24 per cent in November.
In Pix: This 1932 Ford can rival India's best super cars
The car rebuilt with a V8 Chrysler engine and it produces 500 BHP. It can attain a top speed of 200 kmph.
28 oldest banks in the world
Let's take a look at some of the oldest banks in the world.
Good time to sell out of D-Street's white elephants?
From September 3 till date, mid- and small-cap shares have outperformed benchmark indices.
Infosys results: Lower expectation for Dec quarter
Comments awaited on top exits, management rejig, products business demerger, apart from FY14 revenue forecast
Aam Aadmi Party: Good politics but bad economics
Arvind Kejriwal has got his politics right. Now, he needs to rethink his party's economic policies.
Markets end choppy session on a flat note
L&T, Axis Bank and Hindalco down 2% each were the top losers for the day.
Gold loans: Some easing, some stiffening by RBI
Now, non-banking finance companies can give a loan up to 75 per cent of the gold value; the previous limit was 60 per cent.
Should 'Reliance Metro' be renamed Mumbai Metro?
Republican Party of India (Athawale) on Wednesday objected to naming of the city metro service as 'Reliance Metro' and demanded it should be renamed as 'Mumbai
Women's group seeks LIMIT on gold given at weddings
The women's commission in Kerala is seeking to limit the amount of gold given at weddings to no more than 80 grams to reduce the burden on families and help ease India's trade deficit.
BSE: Top losers and gainers
At close, the Sensex was down 16 points at 20,713 and the Nifty was down six points to close at 6,168.
Raju's wife, kin among 19 directors convicted for evading Income Tax
Raju and nine others accused, including his two brothers, are currently on bail in a case related to fudging of Satyam accounts in 2009.
Indian Railways to get a new life with foreign investment
India will soon invite foreign businesses to help expand its once-mighty but now outdated railways, government sources said, in a move that would mark the opening up of one of the country's last great state-controlled industries.
Singapore Airlines-Tata Indian JV orders Airbus A320s
The new airline has begun recruiting pilots and is close to confirming its top executives, including a Singapore Airlines executive as its chief executive officer.
January 08, 2014Honda drives in new City; can it take on rivals
The petrol variant has a starting price of Rs 742,000 and the diesel one starts at Rs 862,000.
Mercedes launches latest version of S-Class at Rs 1.57 crore
German carmaker Mercedes-Benz
Tablets spell death knell for PCs
Demand for PCs has been affected by tablets, forcing Indian companies to stop making computers. But they may find solace in the fact that the tablet market is fast maturing.
Nokia launches its first phablet and a budget Lumia phone
Nokia has expanded the range of its smartphones with the launch of two new devices - Lumia 1320 and Lumia 525.
No worries, India to grow at 5% in FY14, says PM
He also said that regardless of the outcome of the next elections, they will once again demonstrate the strength of India's democracy and its institutions.
When will Mumbai airport's T2 terminal be ready for operations?
The plan to open T2 for operations next Wednesday is unlikely because of pending work.
India Inc happy with AAP's anti-graft plank, but...
A survey of CEOs shows corporate India is unsure about the party's ideology, with some feeling its left-of-the-centre politics can be detrimental in the long run.
Realty investment drops 6% in 20 states
Assocham report cites economic slowdown, liquidity crunch, labour shortage etc as reasons.
Winter crops cool vegetable prices
High vegetable prices were seen as one of the key reasons for the debacle the ruling Congress party faced in four of the five Assembly elections concluded last month.
After a 5-day losing streak, markets end higher
Markets gained for the first time in 2014, amid a range bound trading session, snapping a five-day losing streak led by Reliance Industries and IT major TCS.
India's 20 biggest companies, IOC beats Reliance
Indian Oil Corp has emerged as India's biggest company in terms of annual revenue.
Kejriwal's election plans worry foreign investors
Indices rallied almost 16 per cent from September till end of 2013 partly on expectations that the BJP-led NDA would form the government in 2014.
JP Morgan Chase to pay $1.7 bn in penalties for Madoff ties
The bank is facing a slew of government legal actions.
Hottest property prices around the world
Let's see some of the hottest property prices around the world.
28 countries with best fixed and mobile Internet reach
Let's take a look at nations that have most extensive fixed and mobile Internet connections.
January 07, 2014Re among 25 currencies that saw biggest change against $
Let's take a look at how some of the top currencies performed against the dollar.
Audi launches stunning RS 7 Sportback at Rs 1.3 crore
Luxury car-maker Audi on Monday expanded its product range in the country by introducing the RS 7 Sportback, priced at Rs 1.28 crore.
Every adult should have a bank account by Jan 1 2016: RBI
The panel also recommended unified Financial Redress Agency under Finance Ministry for customer grievances.
BSE: Top losers and gainers
The Sensex ended down 94 points or 0.5% at 20,693 and the Nifty gave off 29 points to end the day at 6,162.
Curbs on gold imports to stay, at least till March
Gold imports fell to 19.3 tonnes in November from a high of 162 tonnes in May in the wake of a series of curbs by both the government and the Reserve Bank of India.
Samsung unveils curved UHD TVs, tablets
The company unveiled a 105-inch screen UHD TV, which it claims is the world's largest curved UHD TV.
Honda launches 2014 City; price starts at Rs 7.42 lakh
The fourth generation Honda City is vastly improved thereby appealing to a wider set of buyers.
Lessons for investors from the Satyam scam
Get worried when a company proposes something unusual and exit if you are not sure.
10 train journeys that cost thousands of dollars
Let's take a look at some of the most expensive train journeys in the world.
15 truly inspiring rags-to-riches stories
Let's look at inspiring stories of billionaires who were dirt poor once.
2014: Five business women to watch in the corporate world
Five people you're sure to want to watch as 2014 unfolds.
Employees seek FIR against Mallya for non-payment of salary
The employees in Delhi on Monday spearheaded an indefinite hunger strike and called on colleagues nationwide to join in the protests with their families at Jantar Mantar.
5 years after Satyam scam: Raju's baby reborn & growing
Mahindra Satyam merged with Tech Mahindra, creating a new entity with revenues of $2.7 billion.
Markets decline amid growth concerns
Markets fall the most in first five trading sessions of a year since 2011.
How banks plan to take on card fraudsters
New guidelines by RBI on card usage will make it difficult for swindlers to dupe cardholders, but customers say security has come at the cost of convenience.
January 06, 2014BSE: Top losers and gainers
The 30-share Sensex ended down 64 points at 20,787 and the 50-share Nifty ended down 20 points at 6,192.
Are these cheap smartphones worth buying?
See whether these smartphones live up to their claims of a smart experience without burning a hole in your pocket.
BlackBerry slashes Q5 price by 20% to Rs 19,990
The device with a QWERTY keypad was earlier priced at Rs 24,990.
Toyota to launch a mini SUV based on Etios platform in India
Mechanically, the car is based on the Liva and sports the same running gear. However, the visuals of the hatchback have been tweaked to give it a rugged appearance.
How the govt can revive India's economic growth
13 will go down as an "annus horriblis" for the Indian economy. Instead of a growth rate over 10 per cent and inflation under 5 per cent we have the reverse.
'Bengal is in dire need of industrial development'
Partha Chatterjee, former West Bengal industry minister, says it is a gross misconception that the government's policy is anti-industry.
Mumbai's pride: Swanky T2 terminal set for a flying start
Apart from handling 40 mn flyers a year in an area of just 1,400 acres, the new airport terminal will showcase a 3-km-long art wall & peacock-inspired design.
Air India drags Kingfisher to court over Rs 39-crore dues
Kingfisher Airlines' conciliation meeting with Air India recently ended without any result.
India's 20 BEST cities to live in, Mumbai beats Delhi
Mumbai has been ranked as the most livable city in India.
Markets dip on weak December services PMI
After sharp contraction in December, services PMI dashed hopes of a recovery in the second half of the year.
Soon Tata Motors, Mahindra cars will ply on foreign roads
Don't be surprised if you see cars from the two manufacturer in a foreign land. The carmakers are supplying their vehicle in over 11 countries.
Pepsi to uncork TV channel with MTV
Deal pegged at Rs 7-10 crore (Rs 70-100 million) a year.
Meet the new contenders for CEO at Infosys
Having lost some key personnel, the IT company is sticking to its formula of scouting internally
January 03, 2014Petrol, diesel to cost more
Petrol price was on Friday hiked by 75 paisa a litre and diesel by 50
Are firms ready for the smarter next generation employees?
It's time for employers to get ready for a generation - born in the digital age - that will be a lot smarter than its predecessors.
Economy is all set to enter a much better phase: PM
Prime Minister Manmohan Singh said India is looking at a much better economic phase.
3 Indian projects among the biggest planned cities in the world
Middle East is undertaking some of the biggest planned cities in the world. While some of these developments are exotic, there are few that are setting example of how the future cities need to be.
Modi's claim goes bust; Gujarat's industrial growth slows down
Gujarat was the sixth-worst during the year, according to the Annual Survey of Industries data.
It's time to log into infrastructure funds
14 promises to be a lot better as capex cycle could see an improvement.
Key stocks to pick for great returns in 2014
Two major events, the general elections and the impact of US tapering, will dictate the direction of the Indian markets.
2014 may not see interest rate reversal
The CPI and WPI data for December 2013 holds the key for the third-quarter monetary policy review to be announced later this month.
Markets end flat amid volatility
Markets ended flat amid volatile trade after short covering in late trades.
Seasonally weak quarter likely for IT giants
Fewer working days and a stronger rupee may impact December quarter performance; rise in overall demand a positive factor.
The secret behind Britannia's success
The mantra for the biscuit maker is simple: Run a tight ship and make prudent investments in manufacturing and distribution.
'Made in Italy'? It's actually made by illegal Chinese workers
Prato, which lies 25 km from the Renaissance jewel of Florence, is also a thriving hub of illegality committed by both Italians and Chinese, a byproduct of globalization gone wrong.
Nariman Point among prime spots that saw biggest fall in prices
Let's take a look at some main spots that reported fall in rental prices.
PHOTOS: 10 coolest cars set to hit the roads soon
Let's take a look at cars that will not only be a pleasure to drive but will also not cost a fortune.
IndiGo to bring back transaction fee
This will make buying tickets on airlines' websites cheaper as it will not include the transaction fee.
The smartphone investor connects with the D-Street
Stock market transactions through mobile phones doubled in 2013
January 02, 2014Govt lowers tariff value on imported gold, silver
The tariff value on imported gold earlier stood at $398 per 10 grams, while on silver at $643 per kg.
Subrata Roy moves SC seeking permission to go abroad
Senior advocate C A Sundaram, appearing for Roy, submitted that his client has some business overseas and he is needed there.
How Indian cities can be successful
Indian cities need a new intellectual underpinning.
I would still lose sleep on US Immigration Bill: Nasscom chief
Last year, Nasscom hired influential lobbyist, public relation and law firms to plead the case of Indian firms with Congressmen.
Cars that changed Indian auto industry in 2013
Despite of reoccurring crisis in 2013, there were many auto-giants that did well in sales due to some of their impeccable mean machines. Here are some of the top gainers of 2013.
Wages, unemployment issues kept Labour Ministry busy in 2013
The country came to a virtual stand-still when trade unions called a two-day general strike on February 20 pressing for implementation of their 10-point charter of demands.
Will the New Year bring cheer for the realty sector?
Jones Lang LaSalle India says growth was skewed towards suburban and emerging locations as opposed to city sub-markets in 2013.
How India's ultra-rich spend their money
Let's take a look at how India's millionaires and billionaires spend their money.
What to expect from the telecom sector in 2014
With reduced uncertainty and clarity on the spectrum-pricing and sharing front, industry set to see positive growth and stability in the new year.
Discounts fail to boost car sales in December
Maruti and Hyundai see marginal rise in demand for entry-level hatchbacks.
IMAGES: Lamborghini set to unleash a new storm with Huracan
Huracan, which is named after a fighting bull, has been designed as a successor to Gallardo.
Sensex falls the most in 45 days
ITC, L&T, Reliance Industries and ICICI Bank weighed on the indices.
SPECIAL: Now, NaMo on your dinner table!
From stainless steel plates to sweets to T-shirts, brand Modi is going places
January 01, 20142014: A year of change or anticlimax?
It could be a year that will change everything, as it's simply unaffordable for things to stay same.
Retail: One big investment, a break-up and long wait for change
International biggies might see a renewed interest in the country after Tesco's move to enter India.
Car makers line up launches - and pray
Product development and launches are expected to lift the buying mood.
Three themes that will dominate Indian media's landscape
Explosion in video consumption is the single-most important trend in the online media world.
Airlines look for ways to heal fuel burn
Fuel accounts for around 40 per cent of costs for domestic airlines.
Third worst year for rupee in a decade
The year 2013 marks the third worst year for the rupee against the dollar in 10 years.
Job prospects in 2014 better than 2013 but below pre-2008 level
Companies are expected to firm up their business plans for the second half of the year.
Vijay Mallya's maze gets trickier
Karnataka HC seeks probe into fund diversion by United Spirits.
Many blue-chip stocks fail the inflation test
The marquee names include Hindalco, three Tata group companies and Colgate.
Cyrus Mistry's wishlist for 2014
Mistry exhorted the employees to carry forward the legacy of the group's founder Jamsetji Tata.
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