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December 31, 2013
Stock market wealth soars by over Rs 1 trillion in 2013
TCS contributed the most to stock market wealth.
Delhi govt may go for CAG audit of private power companies
Defying doctor's advice, an unwell Chief Minister Arvind Kejriwal met CAG Shashi Kant Sharma to discuss the issue before going into a Cabinet meeting.
The BEST and WORST gadgets of 2013
While bigger smartphones and gaming were a hit, consumers also saw failures in Blackberry Z10 and smartwatches.
How to make an airline pay when flyers won't
Getting more people to fly with you seems to extract a high cost, as pioneer Gopinath learnt and full service carriers rediscover.
Year-end special: Key RBI policy rates in 2013
A graphic on key policy decisions taken by the Reserve Bank of India in 2013.
Samsung launches 'Stay New' plan to upgrade to new smartphones
'Stay New' empowers the customer to own a Galaxy smartphone of choice and upgrade the same in future, Samsung said.
Best and worst performing economies of 2013
Let's take a look at some of the best and worst economies of 2013.
Year-end special: Why the economy is expected to improve in '14
Slowing growth and rising inflation marked 2013 which the country's economic managers would like to forget quickly in the hope that the new year will bring in new government and some good news.
Xolo Play Tegra Note tablet: Is it better than Google Nexus 7?
Xolo Play Tegra Note, with higher screen resolution and graphics and audio, takes gaming experience to a new level.
Are low personal loan rates really cheap?
Processing fees, pre-payment charges add to expenses; also low rates not for all
10 upcoming cars that will drive you crazy
Sedans, hatchbacks, SUVs and luxury on wheels - 2014 promises a range of sleeker and smarter launches in every category.
World's 10 beverage companies projected to see biggest growth
Let's take a look at beverage companies projected to post biggest growth.
How RBI is helping banks to realign their finances
As their non-performing assets have risen sharply even as loans have remained stagnant, RBI steps in with stringent loan-management measures.
Jewellers offering gold exchange scheme step up due diligence
With gold smuggling rising, jewellers have to be sure of the source of the gold being exchanged.
Markets end flat; marginally up in 2013
Markets ended flat amid lacklustre participation from institutional investors.
10 best-selling cars in the world this year
Let's take a look at some of the cars that dominated the global market in 2013.
More budget carriers mull flying abroad
Lower taxes on ATF on international routes certainly help in making operations more viable.
Why India Inc is confident of an economic revival
Index measuring this at six-quarter high; however, economic & political volatility a concern.
Year-end special: Events that shaped India's corporate world
India's corporate sector sees big ticket deals in 2013.
December 30, 2013
Closer to elections, UPA govt starts supporting India Inc
With a spate of clearances, including relief to companies facing delays in development of coal mines, the government is getting its act together.
Be brave: Go for equities, shun gold
Experts advise getting back to equities, as the outlook on the yellow metal and real estate is weak.
Is Samsung Note 10.1 tablet better than iPad Air? Find out...
A big, rich screen and powerful battery make it ideal for gaming and videos but the Note 2014 could have a better camera if you are paying so much for it.
Health of banks worsened in past six months, says RBI
The indicator combines the impact on all major risk dimensions, said the RBI, which has carried out multiple tests before coming to this conclusion.
Inflation limiting RBI's ability to boost growth, says Rajan
Analysts say the RBI could resume tightening monetary policy by early next year should inflation remain high, even as the economy is growing below the decade low of 5 percent posted in the fiscal year ending in March.
Why best of stock experts are nervous about 2014
Politics ahead of general elections, Fed tapering threats and inflation to keep markets on the toes.
Year-end special: Why food prices are staying up
The Agricultural Produce Marketing Committee law allows mandis to remain in the grip of a middlemen cartel, with clear links to politicians who run the governments.
Some good news at last from Reserve Bank!
Delay in the tapering of the $85 billion-a-month bond buyback programme by the US Fed (tapering will start from January 1) gave the country time to replenish the forex reserves and rein in the high current account gap.
World's top 20 multinational workplaces
Let's take a look at some of the best multinational companies.
SPECIAL: Who will be the star of the Indian economy in 2014?
RBI governor and new FM could hog all the limelight.
28 most secretive economies in the world
Let's take a look at some of the most secretive economies in the world.
Markets end lower amid volatility
The 30-share Sensex ended 50 points lower at 21,143 and the 50-unit Nifty was down 23 points at 6,291.
We want to kill workflows, says TCS chief
Work should not flow; it should get done, said
Shahrukh's, Salman's, Hrithik's homes on wheels
Vanity Van of Bollywood biggies customised by auto guru Dilip Chhabria
December 27, 2013
How a little known city became China's economic powerhouse
Based on Foshan's projected GDP growth from 2010 to 2025, Foreign Policy and the McKinsey Global Institute ranked it as the world's 13th most dynamic city.
BSE: Top gainers and losers
The 30-share E Sensex ended 118.99 points higher at 21,193.58 and the broader 50-share Nifty gained 34.90 points to close at 6,313.80.
COLUMN: The dangers of 'tolerable' inflation
The committee set up under Urjit Patel to revise the policy framework needs to re-examine the Reserve Bank's approach to monetary stability.
From boss to worker: TN's top business community fights back
Nagarathars are threatened by dwindling interest in entrepreneurship among its younger members.
Year-end special: Exiting bumpy patch, road sector to have smooth ride
The year began with major infrastructure players like GVK, GMR exiting out of mega road contracts on account of problems such as delays in receiving the green nod, funding crunch and regulatory hurdles.
Kejriwal questions CNG price hike, may review auto fares
The compressed natural gas, or CNG, rate in the national capital was on Thursday raised by a steep Rs 4.50 per kg in a second increase in rates in three months.
The crown prince of HDFC Bank
Paresh Sukthankar, the heir apparent to Aditya Puri, prefers an approach that is in sharp contrast to Puri's.
Global gold prices likely to drop further in 2014
Govt measures, rupee movements to determine domestic levels
4 car launches of 2013 that drove buyers crazy
New cars that set the bar higher for quality, design and pricing, and helped automakers rake in a good moolah.
Markets take heart in small things; small-caps outperform
E small-cap index, which ended over 1% higher, outperformed the benchmarks significantly.
Should you invest in banking funds?
As these have been the most volatile during the past year, limit your exposure in 2014
9 Indians among world's 300 richest people
Mukesh Ambani drops from 18th in 2012 to 35th position.
Review: Honda City petrol is the best car in its segment
The new Honda City petrol is stylish, spacious, performance-oriented, and promises great fuel economy.
December 26, 2013
Khobragade owns properties worth Rs 10 cr in Mah, Kerala, UP
In 10 months, her property value has zoomed almost six times
World's 25 most expensive office spaces include two from India
Let's take a look at some of the most expensive prime office occupancy rates around the world.
The Mistry innings: Captain gets his eye in
While understanding the challenges of the group, the Tata Sons chairman has taken quite a few tough decisions in his first year in office.
How to make best use of OPD insurance cover
Most people do not know how to use it. At best, it provides tax benefit.
India's real estate sector rebound is on shaky ground
For the real estate sector, Diwali was the worst period after the global recession struck in 2008-09.
Gold prices finally fell in 2013
The yellow metal gives negative returns after 12 yrs; analysts say it'll be subdued in 1st half of 2014, with a revival likely later.
Cyrus Mistry scores faster than Sensex in 2013
Tata group's market value is up 38% against the 9% rise in the Sensex in the past 12 months.
The Mistry Innings: Full A-team to be in place in 2014
Mistry is halfway through in building Tata group's Gen Next.
Year-end special: Foreign money floods big telecom operators
Doha-based Qatar Foundation Endowment has bought five per cent stake for $1.18 billion in Bharti Airtel.
Cyrus Mistry's 'to-fix' list widens
The slowdown heat has been felt the most in steel, commercial vehicles and hotels
Sensex ends up 42 points on December expiry
Last hour gains in HDFC Bank, Infosys and ONGC help the indices to end marginally higher.
FinMin-RBI tension resurfaces
Banks are in a tight spot as ministry wants them to open ATMs at all rural branches
December 25, 2013
US-India: A relationship threatened by bad economic choices
A report co-authored by second generation Indian Americans has taken a pessimistic view of the United States-India relationship, owing to the problems with economic and trade ties between them.
Why Indian drug companies face an uncertain future
Weak scientific capabilities, lack of desire to advance knowledge, and regulatory uncertainty are some of the hurdles Indian drug companies face, says .
How many Indians drink coffee or tea? Find out...
Let's take a look at who prefers cuppa over latte.
December 24, 2013
Facebook expects to raise $1.48 billion from 2nd IPO
The California-headquartered firm plans to use the funds raised for working capital needs and corporate purposes.
Why no private companies want to construct roads in India
Government does not have adequate money to fund the projects and the framework to award contracts is flawed, too.
IMAGES: DC Design gives EcoSport a SWANKY look
DC Design has just revealed their take on the hugely popular Ford EcoSport. The studio has modified the exteriors and interiors of the compact crossover thoroughly.
Year-end special: Inflation remained a big challenge in 2013
The retail inflation, which is a better gauge of price rise and measured by Consumer price index, ruled in double digit for most months of the year with the latest November
16 longest non-stop flights in the world
Let's take a look some of the longest non-stop flights in the world.
Warren Buffett made about Rs 228 crore a day in 2013
With a gain of $12.7 billion in 2013, Buffett's net worth at the end of the year stands at $59.1 billion. The notable philanthropist had a fortune of $46.4 billion at the beginning of the year.
Markets end flat ahead of Dec F&O expiry
Investors booked profits ahead of Christmas holiday tomorrow and Dec F&O expiry on Thursday.
We have to be very careful while raising rates: Rajan
People who advocate a rate hike because inflation is very high, even without the food component, have in mind some developed-economy structure, Raghuram Rajan tells Business Standard in an exclusive interview.
Samsung Gear smart watch: Is it the best gadget of 2013?
The Samsung Gear smartwatch is nowhere near James Bond's tech devices, but to be able to talk to someone on your watch is no less exciting. But is it a good buy? Find out...
Banks woo home buyers with low interest rates
Part of a focus on retail advances, as corporate demand remains subdued; could reverse if RBI raises repo next month
Will Infosys appoint an outsider as the CEO?
As front-runners for the CEO positions leave, speculation is rife that Infosys will have to look for a suitable candidate outside the company.
December 23, 2013
Apple has 'big plans' for 2014
During the year, the company extended its leadership in the smartphone market.
BSE: Top losers and gainers
The 30-share Sensex ended at 21,101.03, up 21 points higher from its previous close and the borader 50-unit Nifty gained 10 points at 6,284.50.
Controlling inflation remains RBI's priority, says Rajan
He said the Reserve Bank will wait for next set of data on inflation and industrial growth before taking a call on interest rates.
Awesome tablets the world is waiting for in 2014
From Apple to Asus, here's what to expect from tablet manufacturers next year.
The myriad risks India faces at the moment
Rajan also did his bit by taking steps to protect the currency against speculative attack as did the government in curbing gold imports and bringing the Current Account Deficit
Year-end special: Exports weather slowdown, to do better in '14
The US and Europe account for about one-third of India's exports.
World's 12 best cities for shopping
This new Year's if you are travelling abroad for a vacation, here are list of 12 cities where you should definitely shop.
Tata Motors discontinues Vista D90; to launch a new small car
Tata dealers have begun clearing existing inventory by offering sizable discounts on the hatchback.
Year-end special: Sting operations, bad loans hit banks in 2013
The year 2013 saw the Reserve Bank of India nudge banks to not only improve customer services and reduce bad loans but also look at plugging loopholes in the regulatory
Is your city among India's 28 most competitive?
Let's take a look at 28 most competitive cities in India.
Another scam in the making
An open letter to the prime minister on the Rangarajan formula doubling the price of KG basin gas
REVIEW: iPad Air is the best money can buy
iPad Air is thinner in width and depth and considerably lighter and easier to hold.
Year-end special: Sensex, Nifty hit new highs in 2013
If 2012 was a year that saw Indian bourses scripting a dramatic turnaround after the meltdown, 2013 was marked by consolidation in the first half and a new found optimism by market participants in the second half.
Equity outlook: Twelve-month Sensex target is 24,600
The robust export performance, coupled with a compression of imports led by gold, has led to a substantial narrowing in the current account deficit to comfortable levels.
Year-end special: Gold comes off all-time high, silver declines
The government took steps to curb imports of gold after concerns about the country's current account deficit.
Broader markets rule; bechmarks lacklustre
E Small-Cap and Mid-Cap indices were up more than 1% each, with both these indices outperforming the Sensex today.
What makes Infosys tick despite 8 top-level exits in 6 months?
To an outsider, the exits could signal turmoil and, perhaps, even trouble. But, Infosys, on the contrary, seems to be back as stock markets' darling.
Samsung launches dual-SIM Galaxy Grand 2 @ Rs 22,900
The dual-SIM smartphone will be available in the market from first week of January.
December 22, 2013
Rahul Gandhi outlines UPA's economic agenda
Realising that rising prices had brought the Congress down in the Assembly elections, Gandhi flagged tackling inflation, including the food part, as top priority.
December 20, 2013
8th major exit from Infosys; BPO head Bala quits
The development comes at a time when Infosys' shares are trading at a record high.
Petrol price hiked by 41 paise, diesel by 10
Diesel, which is sold at Rs 53.67 a litre in Delhi, will cost Rs 53.77 after the hike in commission.
Defying market chill, Christie's makes a sizzling debut in India
The auction house put under the hammer 79 art works at over Rs 102 crore (Rs 1.02 billion), including Rs 23.7 crore (Rs 237 million) for a Vasudeo Gaitonde painting, a record price for a work of an Indian artist.
BSE: Top gainers and losers
The 30-share Sensex ended up 371 points at 21,080 after hitting an intra-day high of 21,118 and the 50-share Nifty ended up 108 points at 6,274 after touching an intra-day high of 6,285.
IMAGES: World's best boutique hotel is in Rajasthan
It has also been honoured as one of the World's Best Romantic Retreats.
India must go back to 8% growth at any cost, says Prez
A number of things need checking and for good reason. Read on to know why, so that you don't have regrets later.
Nokia to launch 5 new devices in Lumia, Asha range
The devices will be launched in India in the same quarter in which software giant Microsoft is expected to complete the acquisition of Nokia.
Investing in real estate? Be cautious!
A number of things need checking and for good reason. Read on to know why, so that you don't have regrets later.
Why bosses should not shut out voices that disagree
Why yes-men are good for ego but bad for business.
Is India the most materialistic country? Find out...
Let's take a look at how people measure their success around the world.
The year ahead: Best companies to work for in 2014
Let's take a look at some of the companies rated best by their employees.
India among countries that saw biggest jump in house prices
Let's take a look at some of the markets that saw biggest increase in residential property prices.
SPECIAL: Lessons from the NSEL fiasco
This article reviews what happened at NSEL, according to information available in the public domain, and reiterates what could be done to reduce the risk of similar scams.
Indian shares post biggest single-day gain in nearly a month
E Oil & Gas, Realty, Auto, Power, Bankex and IT surged between 1-2%.
Best of 2013: 10 top performing stock markets of the year
Let's take a look at 10 best performing stock markets in the world.
Tata group voted India's most trustworthy company
Completing a year at the helm of one of the biggest conglomerates of the country, Cyrus Mistry definitely seems to have retained the trust of his investors, a new survey said.
Fed taper unlikely to hurt Indian stocks
Fed move based on US economic recovery, which should boost India's exports, narrow CAD and help curb 'imported' inflation
December 19, 2013
SBI slashes home loan rates by up to 0.4%
SBI home loans will now be available under two slabs -- under Rs 75 lakh (Rs 7.5 million) and above Rs 75 lakh.
BSE: Top losers and gainers
The 30-share Sensex ended down 151 points at 20,709 and the 50-share Nifty ended down 51 points at 6,167.
2013: The worst chapter in the history of Indian automakers
A drive through a long endless dark tunnel best describes the journey of India's auto sector in 2013, during which the industry witnessed record spell of decline in sales, vehicle recalls and strikes.
What exactly ails the world's advanced economies
The biggest failure of post-2008 economic policy has consisted in governments' inability to find creative ways to write down unsustainable debts, for example in US mortgage markets, and in Europe's periphery.
FMC's ruling most severe on Jignesh
The order says he was the 'highest beneficiary' of NSEL fraud and has proven unfit to handle affairs of any exchange.
India prepared to deal with Fed tapering, says Chidambaram
Crucially, the US central bank softened the blow by making its forward guidance even more dovish.
Raghuram Rajan: From an inflation hawk to a pragmatist
Three months on the job seem to have converted Reserve Bank of India Governor Raghuram Rajan from an inflation hawk to at least a pragmatist.
A sinking economy has put the UPA in trouble
It's the floundering economy that caused the Congress' grievous loss in the Assembly elections.
Murthy brings Infosys back to the starting line
The company is reaping the benefits of change as focus shifts back to traditionally-profitable businesses and deal volumes.
Review: New Honda City Diesel is India's most fuel-efficient car
For a car with a fan following like City, Honda's engineers really need to bring out their best while moving to a next generation model. So, have they? Find out...
Markets slide as Fed begins tapering
Fears that FIIs would curtail their investments in emerging markets following the Fed's tapering plan hurt sentiment.
Is Delhi's Metro fare cheapest in the world? Find out...
Let's take a look at how much one-way journey costs in some of the biggest cities across the world.
India's biggest wealth destroyers, Reliance tops
While TCS cheered investors becoming India's biggest wealth creator, Reliance which was a darling of the markets turned out to be a damp squib.
IMAGES: Inside Bangalore's swanky airport terminal
Bangalore's swanky airport has received a new identity.
Maruti to launch new Swift, Dzire in 2014
CarToq reports that Maruti will carry out that facelift for the Swift and Swift Dzire in the first quarter of the next year.
December 18, 2013
BSE: Top gainers and losers
The 30-share Sensex was up 248 points at 20,859 and the 50-share Nifty was up 78 points at 6,217.
Gujarat's growth balanced but health care, education need focus
A majority of the panelists agreed Gujarat has been doing better than other states on land acquisition, skill development and primary and secondary education.
After losing elections, PM says inflation worries 'legitimate'
With price rise being attributed as one of the prime reasons for the Congress poll debacle, Prime Minister Manmohan Singh said the "worry about inflation is legitimate" but noted that incomes of most people have increased faster than inflation.
Micromax launches Canvas Blaze smartphone @ Rs 11,000
Canvas Blaze will have one sim slot that will work on 3G equivalent CDMA network of MTS and the other will support GSM sim which can work on network of telecom players like Airtel,
Why Moody's prefers Rajan to Subbarao
Central bank Governor Raghuram Rajan drew kudos from Moody's Analytics for his monetary stance.
India's ambitious disinvestment target stuck in 2013
The drive of the disinvestment department to move ahead with its plan to raise Rs 40,000 crore was often neutralised by the desire of the administrative ministries to get better valuation and better price for the shares of the companies put on the block.
RBI says vegetable prices are falling. Do you agree?
While retail inflation soared to a nine-month high of 11.24 per cent in November, the index based on wholesale prices zoomed to a 14-month high of 7.52 per cent last month.
'Thank goodness, the RBI Governor has not panicked'
The RBI had been widely expected to lift its repo rate by 25 basis points, but instead opted to keep the country's main lending rate at 7.75 per cent.
The only way to fix food inflation
The blame for the relentless ascent rests largely with the misguided agricultural marketing policies of the Centre and state governments.
RBI talks tough on inflation, yet holds rates for now
The Reserve Bank of India (RBI) unexpectedly kept the country's policy interest rate on hold on Wednesday, despite calling current inflation too high, citing the prospect of easing retail prices and its concerns about the weak domestic economy.
Analysts expect TCS to post stable numbers in Q3
Demand is driven by smaller deals in the US, larger ones in Europe.
Ambanis, Birlas line up 'Electoral Trusts' to fund elections
As general elections draw closer, at least five large corporate houses including those of Ambanis, Mittals and Birlas, have set up 'Electoral Trusts' for providing funds to political parties.
IMAGES: India's longest rail-cum-road bridge
Bogibeel bridge in Assam's Dibrugarh district will become the longest bridge of its kind in India.
India's biggest airlines: IndiGo is No 1
Indian airlines flew over 4.5 per cent more passengers in the 11 months of this year compared to the same period last year, with IndiGo retaining its top position in market share.
Xolo launches 'world's fastest tablet' at Rs 17,999
Premium smart devices brand Xolo launched a 7-inch tablet for Rs 17,999, which it claims to be the world's fastest in the segment.
New Fiat Linea: Mind blowing looks, amazingly powerful
Fiat tries once more to sell its Linea T-Jet sedan in a new avatar. The author says the relaunched version is peppy, though tougher to handle.
Sensex zooms on RBI's new year wishes
Snapping its six-day losing streak both benchmarks rallied over 1% after RBI kept key policy rates unchanged.
The ups and downs of India's retail story
In a year marked by economic downturn, the estimated $500 billion retail sector in India saw growth slowing down to 10-11 per cent from high double digits growth earlier.
Infy on the mend but revenue volatility to continue in FY14
Deal wins, though better than a year ago, are nowhere near competitors'
December 17, 2013
Inflation effect: RBI likely to raise repo rate by 0.25%
Consumer price inflation touched a nine-month high of 11.24 per cent last month.
First impression: Nokia Lumia 1520
This is the first Windows Phone 8 device with a full high-definition 1,080-pixel display.
Can Anil Agarwal tide over the crisis in India?
From raw material shortage to environmental activists and high debt, Vedanta Resources is up against a lot.
India to retain gold import curbs despite easing trade gap
The government is worried the trade gap could worsen again and the currency could weaken as the US Federal Reserve looks set to start tapering its economic stimulus soon.
Best of 2013: Top 10 tech gifts of the year
Let's take a look at 10 best tech gadgets to gift this year.
'In 2014, markets will be as volatile as in 2013'
Bhavtosh Vajpayee, managing director and head of the Indian equities business at Barclays, the London-headquartered multinational banking and financial services company, tells Business Standard it is still too early to predict an economic recovery.
What 'PM Modi' should do to save India's economy
A hurried reform agenda will be either too squeamish or too ambitious and impractical.
Which political party will be the best for Indian economy?
The disconnect with the AAP is that its economic agenda sounds suspiciously like Indira Gandhi's of the early 1970s: more subsidies, higher taxes, regulation of private school fees, free water, et al.
Lenovo K900: Sleek, stylish and has a fantastic 13MP camera
The device comes with a 5.5-inch IPS full-HD screen, 2GHz dual-core Intel Atom processor and 2GB RAM.
How to curb the demand for gold
Financial substitutes for gold are key to addressing the pressure from large imports.
India's 20 biggest wealth creators, TCS is No 1
Tata Consultancy Services (TCS) has emerged as the biggest wealth creator over the past five years.
Best petrol cars in India
Petrol engines development has progressed well over the years and many of the current cars in India give a good mileage though they have to yet catch up with the fuel efficiency of diesel cars. Here we look most fuel-efficient petrol cars.
Sensex ends down 47 points on rate hike fear
Gains in IT shares and Bharti Airtel helped offset losses in HDFC Group shares.
Take a peek inside Google's secretive data centres
Google Inc opened two data centres in Asia to cater to the world's fastest growing consumer technology markets.
Indians are most optimistic about growth: Survey
Further, the survey found that 60 per cent of the Indians felt under lot of pressure to be successful and make money while 58 per cent were most likely to measure their
December 16, 2013
Five inbuilt free or cheap insurance covers
From online frauds to LPG cylinder accidents, manufacturers and service providers give a host of covers.
BSE: Top losers and gainers
The 30-share Sensex ended 56 points lower at at 20660 levels and the 50-share Nifty scrapped 14 points at 6155 levels.
How Indian politicians must deal with global economic matters
It's time Indian parliamentarians learnt to view global economic frameworks without the narrow prism of domestic politics
HCL ME Champ: Promises to educate and entertain young ones
Technology has touched everyone's life, crossing even age barriers. HCL ME Champ tablet attempts to reach out to the tiny tots with a singular purpose - education combined with entertainment.
Snowden fallout: Predictions for Internet users in 2014
Fallout of revelations made by NSA whistleblower Edward Snowden has been huge, says .
More bad news for the economy: Inflation at 14-month high!
The wholesale price index's annual rise compared with a 7 per cent jump forecast by economists in a poll.
20 companies where employees are most happy
Let's take a look at companies where workers are most happy.
9 awesome smartphones the world is waiting for in 2014
The New Year is just a couple of weeks away and 2013 has seen an unending line of smartphones entering the market.
I-T is the new suitor for Kingfisher House
The I-T dept has repeated its claim after the Karnataka high court rejected a plea from the airline seeking to prevent its lenders from seizing the property.
Where can you stay after retirement?
The hectic pace of life in metros might be fine while you are working. But a smaller town that offers the same facilities with a relaxed lifestyle is better.
Best of 2013: 10 biggest departures of CEOs this year
Let's take a look at some of the biggest departures of chief executive officers in 2013.
Two central banks keep shares on tenterhooks
Market participants said expectations of a rise in interest rates by the RBI and US Fed's comments on its stimulus programme are likely to keep the market nervous in the week ahead.
Check returns on capital before investing
Thirty companies which generated an average RoCE of 30 per cent for five years have seen their market cap rise by 90 per cent.
December 14, 2013
India's mobile tower radiation norms absurd, says WHO
WHO expert says rules increased emission hazard for phone users; tells govt to review norms
December 13, 2013
5 cars that India loves the most
Five cars have stood the test of the time in India. They have continued to sell despite world's biggest automakers trying to beat them over years by introducing one exciting cars after the other.
India Inc braces for third rate hike by Rajan on Dec 18
Banks depend on the repo window for their liquidity requirements and since borrowings under repo are capped, banks have to go to the MSF for additional fund requirements.
Why 2014 will be a fascinating year for the Indian economy
The building blocks of a sustainable and significant market rise are in place.
15 countries that have least economic suffering
Let's take a look at some nations where people are least suffering.
Telecom dreams bring Ambani close to rivals
Six months after an infrastructure deal with brother Anil Ambani, Mukesh Ambani has now joined hands with Sunil Mittal.
Are Indians most pessimistic about future? Find out...
Let's take a look at some nations where people are suffering most.
Best of 2013: Most successful, unsuccessful CEOs in the world
Let's take a look at some of the best and worst chief executive officers in the world.
Ratan Tata receives Dwight D Eisenhower Leadership Award
I really did what my great grandfather said we should - mainly to give back to the community whatever we had in terms of prosperity, says Ratan Tata in New York.
Jeep Wrangler: Goes where no other SUV can
The Jeep Wrangler is a vehicle which can go anywhere without blinking an eye-lid.
Street bets on small and mid-cap consumer stocks
Promotional activity had seen some reversal in October, but it back in a big way across categories, especially in shampoos, soaps, skin care and detergents.
How Micromax aims to go global
Among all types of phones, Micromax ranks third in India after Nokia and Samsung Electronics.
A triple whammy for the Indian economy?
The last couple of days have produced data that potentially cause a dent in the otherwise growing confidence about the Indian economy stabilising.
10 hottest muscle cars in the world
Let's take a look at some of the best muscle cars in the world.
15 BEST buildings of 2013
Upcoming Bollywood Museum in Mumbai is among the projects that have won awards for best architecture in 2013.
Rate hike fear spooks market; key indices down 1%
Banks and Capital Goods scrips among the top losers in noon deals.
High-end restaurants eye a fortune from India's rich
The branch of New York's venerable Le Cirque, at the Leela Mumbai hotel, is the latest in a wave of overseas-based high-end eateries to enter India.
December 12, 2013
Industrial production contracts by 1.8% in Oct
IIP's contraction deals a severe blow to the Indian economy.
BSE: Top losers and gainers
The 30-share BSE Sensex ended almost 246 lower at 20,926 levels down 1.16% from its previous close while the broader 50-share Nifty index of the National Stock Exchange scrapped 71 points to close at 6,237 levels.
Microsoft lucky to avoid Nokia's India tax bill
Microsoft is lucky to dodge Nokia's tax bill in India. On Dec. 12, the Delhi High Court allowed the Finnish group to transfer its Chennai factory to the U.S. software giant as part of its planned $7.4 billion sale of its mobile handset business.
Sensex to touch 24,000 by 2014 end
The poll predicts a better performance than this year's 9 per cent increase but far more modest than the 25 per cent surge in 2012 when foreign investors bought a massive $24.4 billion worth of Indian stocks.
When Ratan Tata felt confused and humiliated
Tata recalled his first weeks on the Harvard campus as he attended a dedication ceremony of Tata Hall at Harvard Business School in Boston earlier this week.
Best of 2013: 15 gadgets that won the hearts this year
Let's take a look at some of the best gadgets of 2013.
Huge perks world's top CEOs got
Let's take a look at some big perks CEOs got.
'Fare hike must for Mumbai Metro to make money'
The Rs 4,300-crore (Rs 43-billion) project -- marred by missed deadlines and cost overruns -- has finally started full scale test run last week between Ghatkopar and Versova and will open to public by mid-January.
India lost $84.93 billion to fraud, corruption
Developing countries lost nearly $1 trillion to fraud, corruption and shady business transactions in 2011, vastly outpacing the foreign aid they received and the pace of dirty money leaving emerging nations is accelerating, a new report found.
Of onion cheer and tomato tears
While onion prices in the wholesale markets of Mumbai declined 48.6 per cent, the steepest among the four metros, compared to October, prices fell only 27.3 per cent in Mumbai's retail markets.
Will the New Year bring cheer to the economy?
The US economy will once again demonstrate its resilience and flexibility and grow around three per cent despite extremely fractious domestic politics over fiscal and other policies.
Markets crack ahead of key economic data; US taper fears weigh
Tata Motors, ONGC, Coal India ICICI Bank and Bajaj Auto were the top losers while Tata Power, HDFC, Gail India and NTPC were the top heavyweight gainers today.
RBI, govt vow to tackle inflation after poll losses
Tackling inflation will be a priority, the finance minister and RBI governor said on Wednesday, after high prices contributed to painful losses for the ruling Congress Party in state elections.
Property prices rise in Mumbai, Delhi
Property prices in Mumbai and Delhi NCR, among India's top realty markets, marginally rose in the third quarter of 2013 mainly due to lack of new launches and cautious sentiment in the sector, a survey said.
Get ready to fork out more for the new Nano
Recently, another version of the Nano, one with a compressed-natural-gas engine, was launched.
December 11, 2013
BJP favours abolition of income, sales, excise tax
The Bharatiya Janata Party (BJP) favoured abolition of income, sales and excise tax and the party may include it in its vision document to be unveiled ahead of General elections
BSE: Top losers and gainers
The 30-share Sensex ended down 84 points at 21,171 and the 50-share Nifty closed 25 points lower at 6,308.
20 most expensive cities in Asia for expats
Let's take a look at some of the most expensive cities for foreign workforce.
RBI pegs India's growth in 2013-14 at 5%
The central bank also asserted that the country is ready for the tapering of the US Federal Reserve's bond purchases.
Kiran Mazumdar-Shaw's mission: To make Bangalore a global city
Beyond her avatar as the head of a multi-crore biotech company, Kiran Mazumdar-Shaw is a powerful voice of change for the city she lives in.
What HDFC Bank must learn from McDonald's
McDonald's asks the consumer whether he wants a hamburger with cheese, with tomato or without tomato. We will also have to deliver products as and when and how the customer wants.
RBI Governor asks political parties to pass key economic bills
Rajan spoke at the Delhi Economic Conclave 2013 on 'The Agenda for the Next Five Years' in New Delhi.
The gaping holes in India's Internet growth story
By June 2014, India's Internet user numbers will be staggering - ahead of the US and only a little behind China - but there are gaping holes in this growth story.
Best of 2013: 10 best digital cameras launched this year
Let's take a look at some of the best digital cameras launched this year.
The 15 greatest business rivalries of all time
The fiercest corporate battles in India probably have been fought by the Ambanis. Dhirubhai Ambani, the founder of Reliance Industries, first locked horns with Bombay Dyeing's Nusli Wadia over polyester. Then, there was a corporate battle with Larsen & Toubro.
No compromise on fiscal prudence, says Chidambaram
The comments come a day after Fitch Ratings had warned the setback for the Congress party in recent state elections could imperil the fiscal deficit target by tempting the government to have less restraint on spending.
How India can reform its public sector banks
They face two key challenges - manpower and capital. Sadly, these are not on the agenda for reform
Why Modi can no longer remain silent on India's economy
Barring the much vaunted "Gujarat model of development" - which is really more about administrative efficiency in the delivery of services than any particular economic philosophy - Mr Modi has done little to make his views known.
Markets slip ahead of November CPI
Markets ended lower as investors turned cautious ahead of the November consumer price inflation data due tomorrow.
GM to get its first woman CEO, Mary Barra
General Motors Co said on Tuesday Chief Executive Officer Dan Akerson will step down next month and be replaced by global product development chief Mary Barra, who will become the first woman to lead a global automaker.
December 10, 2013
BSE: Top losers and gainers
The 30-share Sensex ended down 71 points at 21,255 and the 50-share Nifty ended down 31 points at 6,333.
Ford Mustang: The big daddy of muscle cars just got better
Mustang has been an iconic car for the auto enthusiasts as it has been ruling hearts for 50 successful years.
Defeat of Congress may lead to higher fiscal deficit: Fitch
An evident anti-incumbency trend against the Congress could mean an increasing likelihood of political pressure to limit expenditure cut-backs, it said.
Runaway house price boom seen slowing to a jog
Home sales in India slowed this year and unsold inventory with builders has increased as economic growth in the broader economy has decelerated quickly to half the 10 per cent rate it was running at before 2008.
Is Asus Fonepad 7 tablet worth buying?
Voice calling tablets seem to be the new rage in the growing smartphone/tablet market in India.
How poll verdicts raise uncertainty for FDI in retail
Congress-ruled Rajasthan and Delhi had said yes; 3 states which had okayed FDI have Assembly polls next year.
'Markets are unprepared for Lok Sabha elections'
Interview with Vice-Chairman and Joint Managing Director, First Global
What makes NRIs so successful
Many of my NRI friends agree that America's Immigration & Naturalisation Service, because of its immigration criteria, has created a highly selective and narrow population of NRIs in terms of capability .
Cloud over economy to remain, say experts
There would be uncertainty on the economic front till a new government comes in at the Centre after the 2014 general elections, experts said.
Lodha group's amazing success story amid the gloom
The real estate developer may have deferred its IPO and realty may be in the dumps, but that hasn't stopped it from making acquisitions worth Rs 12,000 crore.
Buy travel policies with wide coverage
Just having a basic cover that provides medical insurance can hurt
Markets end lower amid consolidation, NTPC down 11%
Markets consolidated in late trades to end lower as investors booked profits after the benchmark indices ended at their all-time closing highs yesterday.
Markets to ride on improving sentiment
Expected pick-up in earnings growth from H2 and reasonable valuations point to a high potential for gains in cyclicals.
14 Nifty stocks surge over 100% since 2008
The biggest gainer, Lupin, saw its market value appreciate nearly seven-fold.
A new bull is born but has to stay in incubator for now
In his present avatar, Kejriwal seems bad news for the Street.
Marketing mantra: Know the story of 'two Indias'
Forget urban vs rural, marketers need to start thinking about North and South.
Best of 2013: 10 amazing smartphones launched this year
Let's take a look at some of the best smartphones launched this year.
BIGGEST loan defaulters in India
All India Bank Employees' Association (AIBEA) has announced a list of top 50 loan defaulters, mainly the corporate firms, whose total default amount to the banks is allegedly to be around Rs 40,528 crore.
December 09, 2013
BSE: Top gainers and losers
The 30-share Bombay Stock Exchange BSE Sensex closed almost 330 points higher at 21,326 levels after hitting an all-time intra-day high of 21,484 during the day and the 50-share Nifty closed at its all-time high of 6,363.90, up almost 100 points.
Rajan blames domestic factors for India's economic woes
The current account deficit, which is the difference between inflow and outflow of foreign exchange, rose to a record high of 4.8 per cent of GDP in 2012-13, from
India's fiscal deficit not to come down soon
Finance Minister P Chidambaram has been repeatedly stressing he will meet the fiscal deficit target of 4.8 per cent of the gross domestic product in this fiscal, but HSBC said the spending-revenue gap may overshoot to 5.1 per cent.
I am not minister for Air India: Ajit Singh
Civil Aviation Minister Ajit Singh tells Kavita Chowdhury that he is focused on passenger comfort and not on favouring private airlines, as many have alleged.
'Rupee at its current value is well corrected'
A record current account deficit on back of high gold imports too was pressuring the rupee value.
Why Tamil Nadu is one of the best states for doing business
Despite small hiccups, Tamil Nadu is a state with an urban outlook on life and where laws still work.
Can NGOs make govt's employment scheme a success?
The rural development ministry has asked NGO's to run the Mahatma Gandhi National Rural Employment Guarantee Scheme in in Naxal-hit areas.
India's self-created fiscal cliff
A closer look at deficit and accumulated debt suggests that, contrary to claims, the fiscal deficit is not under control.
High-end bikes and electric cars made in India for China
Harley Davidson, KTM-Bajaj, M&M make India production base for automobiles to be assembled and sold in China.
How India brought down the current account deficit
While euphoria over the Iran deal has waned sharply, the current account deficit has gone into remission due to a collapse in gold demand.
Best of 2013: 10 most expensive supercars of the year
Let's take a look at some of the most expensive supercars of 2013.
Bitcoin: Can it really make you a millionaire?
While Bitcoin is giving sleepless nights to the regulators, it is only going to get bigger in India where the interest for the currency is on a rise.
'We aim to provide luxury housing at affordable prices'
"Our objective of venturing into different sections of housing is to provide luxury at affordable prices and ensure quality living for all," says Ram Raheja, director and head, Architecture & Design, S Raheja Realty.
The flaws in India's growth model
The ongoing economic travails in India arise from a combination of severe macroeconomic difficulties and a sharp deceleration in the trend rate of economic growth.
Kingfisher on ground, banks' money up in the air
The 14 banks, led by State Bank of India, which lent Rs 6,500 crore (Rs 65 billion) to the airline, are now involved in litigation over the money, as Mallya has sued them in multiple courts.
Rupee could fall steadily in next four months
If the market starts getting nervous about the political risk factor, currency depreciation could be a lot more severe and movement's jerky.
Market chants 'NaMo'; Sensex closes 330 points higher
Bechmarks rallied after BJP won the so called semi finals and investors now anticipate a Narendra Modi-led NDA government coming to power at the centre in 2014.
Keep cash in hand ahead of elections, Budget
These events can change your financial planning due to unexpected policy changes
December 06, 2013
Major victory at WTO, no threat to food security plan: Sharma
The first global trade reform since the creation of the World Trade Organization is ready for agreement by ministers from the body's 159 member countries later on Friday, sources involved in the talks said.
No reforms? PM blames lack of political consensus
Flagging "anxieties" of business leaders on issues like red tape, tax laws, regulation and
Uttam's Take: Anand Sharma's valiant fight in Bali
As Trade Minister Anand Sharma resists the WTO's attempts to nix India's food security initiative, Rediff.com's offers his perspective.
Business leaders pay tribute to Nelson Mandela
Business leaders world over reflected on the legacy of Nelson Mandela, who passed away on Friday.
25 companies earning highest net income per employee
Let's take a look at businesses that are earning highest net income per employee.
20 most generous countries
Let's take a look at 20 most generous nations.
Why you should check your insurance returns
Insurers tout 12-15 per cent of the sum assured as the annual rate of return in money-back policies. But, the actual numbers are much lower
Betting big: 10 casino companies set to roll in cash
Let's take a look at some casino companies that are projected to witness huge growth.
Top 5 'must have' apps for tablets
Here are some 'must have' applications if you happen to own an Android tablet.
How to retain the best women employees
In order to retain their brightest female employees, organisations need to create a more flexible and family-friendly workforce
Meet the Indian techies who sold their firm to Apple
In one clean sweep, the deal catapulted the co-founders of the US-based company into the league of successful Indian-American tech entrepreneurs, making yet another pair of new faces of India's software talent.
Mobile phones don't cause cancer, says WHO
India is not forthcoming in informing the people that mobile phones and towers pose no threat to health and they do not cause brain cancer, World Health Organization's Radiation and Environmental Health Unit's first coordinator Michael Repacholi said on Friday.
Do petrol cars beat diesel in the long term? Find out...
At one end the petrol motors have been criticised for consuming high fuel while on the other the diesel motors have also been condemned for being noisy and low powered.
Equity outlook: We are likely headed for a long-term bull cycle
While the macroeconomic parameters remain weak, we believe the worst is behind us. The markets remain largely driven by liquidity
Vikram Bakshi takes fight to Big Mac, says he's the boss
Bakshi said the attempt by McDonald's to terminate its agreement with him was illegal and not binding and would have no bearing on the shareholding pattern (the partners hold 50 per cent each), board composition (both sides have two nominees) or the working of the company.
Sensex ends below 21,000; Tata Power up 5.5%
Gains in ITC, NTPC, L&T and ONGC help the index edge higher in closing hour.
18 things that happen on the Internet every minute
Let's take a look at what happens on the Internet every minute of every single day.
Best of 2013: 10 tablets that users found irresistable
Let's take a look at some tablets that captured the imagination and wallets of users around the world.
World's best countries for business, India ranks at 98
India has been ranked 98th in the Forbes list of world's best countries for doing business that has cited poverty, corruption and discrimination against girls among the challenges facing the country.
December 05, 2013
BSE: Top gainers and losers
The 30-share BSE Sensex ended 249 points higher at 20,957 levels and the 50-share Nifty was up 80 points at 6,241.
Moody's warns of downgrade if growth drops
"India's gross domestic product growth to remain weak at 5.5 per cent in the fiscal year ending March 2015, as elections in mid-2014 will delay reforms needed to revive the economy," Moody's Investors Service said in a report.
Bottoms up! 15 best-selling whisky brands in India
Let's take a look at some of the best-selling whisky brands in India.
Why are India's road projects in limbo?
Govt not to award BOT projects to private firms this year
Google's mystery barge in San Francisco Bay under investigation
The agency that oversees development in the San Francisco Bay in California has begun a formal investigation into the construction of a secretive Google Inc barge on an island in the bay.
How the women's bank can be a success
The bank has been garnering interest from women far and wide, but it needs to mobilise savings from customers to be able to take off.
Is the worst over for the Indian economy?
Over the last few months, the Indian economy has been on nothing short of a roller-coaster ride.
Meet the world's wealthiest bachelors
With an estimated personal fortune of $15.3 billion, 60-year old Microsoft co-founder Paul Allen is the world's wealthiest bachelor, followed by 79-year old Italian fashion designer Giorgio Armani who has a net worth of $10.9 billion.
Private equity investors develop a taste for Hyderabadi biryani
PE investors' love affair with this food saw SAIF Partners last year investing Rs 40 crore (Rs 400 million) in TMA Hospitality Services, which owns Ammi's Biryani, a Bengaluru-based QSR chain.
Market gets 'saffron' rush; Sensex ends 250 points higher
Exit polls conducted in the assembly elections indicated that BJP could win 3 out of 5 states which are set to declare poll results on December 8.
Petrol cars make a comeback as diesel prices rise
The thumb rule, say experts, is that if the monthly running is less than 1,800 km, a petrol model would prove cheaper in the long run.
Best cars in India as rated by the owners
Let's take a look at top three cars across nine different segments as rated by the owners.
December 04, 2013
BSE: Top gainers and losers
The 30-share Sensex ended down 147 points at 20,709 and the 50-share Nifty ended down 41 points at 6,161.
15-year-old boy, mother buy cars for $ 1 each!
In a believe it or not sale, a 15-year-old boy and his mother in the US both secured amazing deals on 'Black Friday', a day of drastic discounts and rock-bottom prices in the US, buying cars for $1 each.
Entertainment battle moves to the web
The explosion in online video consumption is pushing TV and film companies to fine-tune their internet strategies.
Tech stocks take a breather but further upside expected
The rise in IT stocks began in May when rupee depreciation took effect.
Suzuki unveils stunning A-Star concept car
Powered by a 996cc engine, the transmission is a CVT unit that transfers power to the front wheels.
Car recalled? Get the problem fixed
Insurance claims will be partly or fully rejected if there are issues or accidents in the future.
25 countries that saw biggest change in real estate loans
Let's take a look at nations that saw biggest change in real estate loans.
Can India bounce back to a high growth phase?
The role of global factors in accelerating India's growth to unprecedented levels continues to be worryingly underappreciated.
Wal-Mart pays lawyer fees for dozens of execs in bribery probe
The US Department of Justice is investigating whether Wal-Mart paid bribes in Mexico to obtain permits to open new stores there, and whether executives covered up an internal inquiry into the payments.
12 biggest social-media sites in the world
Let's take a look at 12 biggest social-media sites in the world.
Downturn in services sector eases in Nov, hiring on ice
The improvement, coupled with the positive findings of Monday's survey on Indian manufacturing, augurs well for Asia's third-largest economy, which grew at a higher-than-expected 4.8 per cent annual rate in the three months through September.
Hidden jewels get a polish at Tata group
Four smaller firms in the infra & technology space on course to more than treble their revenue to Rs 24,000 crore in four years.
Iconic images capture the beauty of Aston Martin
Let's take a look at some of the models that have graced the roads.
In India, smugglers move gold like narcotics
Sri Lanka, Thailand and Singapore are the latest hotspots as authorities crack down on travellers from Dubai.
Can 'Modinomics' work wonders for India?
Investors need to ask some basic questions before betting in the markets on the Gujarat model's national success.
Hyderabad Metro among world's 8 most spectacular infra projects
Globally, governments are undertaking ambitious projects that will change the infrastructure of the respective regions.
Most corrupt countries in the world; India ranks at 94
The abuse of power, secret dealings and bribery continue to ravage societies around the world, warns Transparency International's Corruption Perceptions Index 2013.
Markets end lower on weak Asian cues
Investors booked profits in late trades ahead of the assembly election results due on Sunday.
'Delhi, Mumbai will be among world's 5 largest cities by 2030'
Delhi and Mumbai would be among five largest cities in the world by 2030, Union Urban
Why India is no longer a medical tourism hotspot
India, long seen as a centre for cost-effective treatment by people around the world, is losing its competitive edge in the medical tourism space.
December 03, 2013
Renault unveils the all new Duster; India launch in early 2014
Renault has added cruise control, speed limiter, rear park assist, and Electronic Stability Control as standard features.
Will the new immigration bill benefit Indians?
The White House made its position clear on the contentious H-1B provisions of Senate version of the immigration bill in a fact sheet prepared for the Asian American and Pacific Islander Community, which includes the influential Indian American community.
Inflation, polls to determine economic outlook for 2014
While Goldman Sachs says India will see a transition, HSBC feels structural imbalances will lead to cloudy outlook for markets.
New Mumbai airport terminal to open on January 15
The Mumbai airport's new integrated terminal will open on January 15. Air India's Newark-Mumbai flight will be the first to arrive at the new terminal.
At Dabhol, it's fight for survival all over again
Shutdown looms over the plant as severe gas shortages cripple production; company doesn't have money to pay the monthly debt instalment of Rs 108 crore.
High salaries at IITs don't mean job market is recovering
Offers of more than Rs 1 crore (Rs 10 million) a year have made a comeback after three years, and a larger number of recruiters are visiting the IITs this year.
Select commodities beat Sensex, Nifty in 2013
In Indian context, among top gainers on the spot National Commodity and Derivatives Exchange, is coriander that saw its price moving up nearly 38 per cent (year-to-date, or YTD).
India Inc rushes for cover against harassment suits
Legal fees in such cases can go up to Rs 5 crore.
Tehelka tarnishes the image of India's media industry
The alleged sexual assault of a junior colleague by one of India's best-known activist-editors brings out not just Mr Tejpal's infirmities but those of an entire industry.
Hawala premiums double as gold smuggling zooms
Around Diwali, the premiums had gone up to as much as 3.5 per cent.
Autos put markets in reverse gear
Markets snapped a three-day winning streak to end lower on Tuesday on profit taking.
Why there is hope for the Indian economy
The safe conclusion to draw from the second-quarter gross domestic product (GDP) numbers that were published last Friday is that the cycle has bottomed out and things are unlikely to get any worse.
How to trade in stocks during elections
Elections can have surprising outcomes, a normal stop-loss could be 'gapped' with the trader forced to cover an adverse position at well beyond his preferred levels.
Airbus 'plane of the future' will blow your mind
Airbus Concept Plane illustrates what future air transport could look like if improvements in aircraft materials, aerodynamics, cabins and engines continue apace.
10 most valued luxury brands in the world
Let's take a look at fashion houses that top in brand value.
25 busiest airports in the world
Let's take a look at some airports that are enjoying a boom in passenger traffic.
Banks cap overseas spend on cards to check frauds
Move aimed to reduce scope of frauds as electronic payment systems are becoming vulnerable to misuse.
Partial rollback of diesel dual pricing on cards
Move likely to be rolled back atleast for state transport undertakings
December 02, 2013
Is 5% growth for India elusive in FY14?
As per the report, the government's estimate of 5-5.5 per cent GDP growth will require an average growth of 5.4 per cent in the second half of this fiscal, which is a tall order now.
BSE: Top losers and gainers
The 30-share Sensex ended up 106 points at 20,898 and the 50-share Nifty ended up 42 points at 6,217.
The trouble with India's disinvestment story
What should have primarily served as an instrument for improving PSU management has over the years become a mere financial exercise to raise revenue to reduce the fiscal deficit.
Mercedes launches SLK 55 AMG priced at Rs 1.26 crore
The SLK 55 can accelerate from 0-100 kmph in a mere 4.6 seconds, and hit an electronically limited top-speed of 250 kmph.
Many reasons for silver to fall further
On speculative front as well, non-commercials have decreased bullish bets on COMEX silver futures and options to a three-month low.
BlackBerry slashes Q10 price, now available @ Rs 38,990
Handset maker BlackBerry on Monday slashed the price of its Q10 handset by over 13 per cent to Rs 38,990 under a special offer to boost sales of the BB10-powered device.
As bad loans mount, India gets tough on 'wilful' default
Two of the highest-profile recent cases of alleged wilful default involve Winsome Diamonds and Jewellery and Deccan Chronicle Holdings
How election results will impact markets
From here till the next government is installed, political equations will play an increasing role in driving perceptions about India.
Does real estate give spectacular returns?
What most real estate investors forget is that over long periods it is not the high returns but the power of compounding that is producing the huge sale price.
How will the Indian economy be post elections?
The key similarity between 1991 and 2014 is the criticality of decisive action.
Auto majors post mixed results
Maruti, Hyundai and General Motors posted negative results whereas Honda car sales zoomed in November.
Markets to trade with an upward bias
Indian economic growth hit a low of five per cent in the financial year ended March 31,2013 and further slowed in the first quarter of FY14.
Best hypercars in the world
Let's take a look at the best hypercars in the world, according to BBC's Top Gear.
Tech billionaires you can connect with on LinkedIn
To boost your professional network, you must try to connect with these people.
25 most innovative economies in the world
Let's take a look at most innovative nations.
8 most entertaining airports in the world
Some airports are working towards cheering you up by adding entertainment options ranging from casinos to even golf courses.
Market cheers green shoots of economic recovery
After contracting for 3 consecutive months, manufacturing activity saw an uptick in November, latest data from the HSBC Purchasing Managers' Index shows.
Why guards at ATMs aren't enough
Experts say RBI's norm on deploying a guard is loosely worded and it is discretionary for banks to have all ATMs manned.
Review: Why iPhone 5s is the BEST phone from Apple
The battery lasts for more than a day with heavy calling, email, browsing, moderate gaming and an hour of listening to music.
Facebook in talks for its first acquisition in India
Being facilitated by iSpirt, deal likely to be announced in weeks
December 01, 2013
10 greatest sports cars in the world
Let's take a look at some of the best sports cars of all time.
November 30, 2013
Why Neeraj Sahai is a perfect fit for Standard & Poor's
The world's largest credit rating agency seems to have a particular fascination for top-drawer talent from India.
November 29, 2013
'Buy an airline for billions and become a millionaire!'
This was a joke narrated by Civil Aviation Minister Ajit Singh when he reiterated his 'personal' view on privatising Air India.
Sahara to move SC before submitting fresh title deeds
Sahara India was required to submit the title deeds of Rs 20,000 crore (Rs 200 billion) to the marker regulator as per direction of the Supreme Court.
India's GDP grows better-than-expected 4.8% in Sep quarter
India's gross domestic product grew by 4.8 per cent in July-September quarter of 2013-14 as against 5.2 per cent in same period of previous
What went wrong with the Tata Nano
The Tata group may consider launching its small car Nano in a new avatar in another
We have prepared a better pitch for high growth: Chidambaram
The minister expressed confidence that India will get back to high growth path soon.
Why India needs to focus on reforms
India's monetary policy continues to remain hawkish as RBI Governor Raghuram Rajan fights a lone battle to get the economy back on track while the government 'fails to walk the talk.
Japan's superfast trains will be able to touch 500km/hour
Japan will start building the world's first long-distance magnetic levitation railway that can hit a top speed of over 500 km an hour.
Current Account Deficit to come down below 3%: C Rangarajan
He exuded confidence that the Indian economy will grow at 5.3 per cent in 2013-14.
Gold scarce, wedding buyers recycle jewellery
Along the narrow lanes of Mumbai's historic Zaveri jewellery bazaar, many shops display placards saying 'we buy old gold jewellery', tempting buyers who face a $125 an ounce premium over London prices as the government cracks down on surging imports.
Why India failed to become an economic giant
Investment in human capital is likely to fail to translate into effective growth if incentives for entrepreneurs are missing.
Countries that have the best workforce; India ranks 83
With an acute shortage of skilled workforce, India has been ranked 83rd globally in terms of talent competitiveness of its human capital.
In Gandhis' bastion, India's rural poor eye Modi's promise
Opposition leader Narendra Modi's message of growth and investment is gaining ground.
Why the Iran nuclear deal is an economic breather
Recently, Iran and western powers signed a deal in which it was agreed the West Asian nation would scale down its nuclear programme in exchange for a cut in economic sanctions.
Will December see a Santa Claus rally?
December is packed with key economic and political events, both at the domestic and the global level, which will decide how foreign institutional investors (FIIs) fine tune their investment strategies
Lodha in mega realty deal in London
The other bidders included some West Asian and Russian hotel chains.
Tata Motors-JLR explore joint products
The company is evaluating 'possible areas' of cooperation with Jaguar Land Rover, with the engineering teams at the UK plant as well as at the India centre working in synchronisation.
One out of three young graduates UNEMPLOYED in India
In what would surely come as intriguing information for policy-makers, a Labour Ministry survey has found that with an increase in education levels in the country, the unemployment rate was also increasing across age groups.
What a waste! Fruits, veggies worth crores rot in India
India wastes about Rs 13,300 crore worth fruits and vegetables per year due to lack of adequate cold storage facilities, according to a report by US-based technology firm Emerson.
Good Q2 GDP hopes fuel 257-point Sensex rally
ITC, L&T and banks like ICICI Bank, SBI and HDFC Bank aid the upmove.
TCS on Cognizant's heels in N America
The report said the gap in revenue growth between Cognizant and TCS had reached to its lowest of four percentage points in the four-quarter period ended September, 'despite TCS's larger revenue base'.
PREVIEW: India's economy probably recovered slightly in Q2
If the forecast materialises, it would mean the fourth successive quarter of economic growth below 5 per cent.
Tata Motors enters the club of top10 most valuable companies
With a m-cap of Rs 1,28,100 crore, Tata Motors now features at ninth rank in the list and replaces HDFC in this prestigious club.
5 reasons corporates are exiting the new bank licence race
Applicants have also in the past expressed fear about higher capital requirements, stringent priority sector lending norms and rules on promoter shareholding as key deterrents.
November 28, 2013
Wipro faces legal action for 'not paying' property tax
Wipro said it is 'exploring all legal options at its disposal to seek redressal' against any such move by the authorities.
BSE: Top gainers and losers
The 30-share Sensex ended almost 115 points higher at 20,535 levels and the 50-share Nifty was up almost 35 points at 6,092 levels.
25 economic trends that will transform the world
Let's take a look at some of these changes and how they will impact the globe.
How to make India's public sector banks successful
Since public sector banks are unlikely to be privatised soon, the aim has to be to make as many of them perform as is possible.
IMAGES: Stunning cars you would love to drive!
The 2013 Los Angeles Auto Show features more than 1,000 models of imported and domestic cars, fuel/electric vehicles and stunning concept cars.
Rural India shows signs of economic revival but outlook glum
Best monsoon in six years has spurred rural growth but urban scenario grim.
Not happy with salary? Try these countries...
Let's take a look at some nations where salaries are projected to soar.
Should you opt for the new retirement funds?
Between the new schemes and existing pension funds from mutual fund houses, the latter seems like a better option for conservative investors
Polls bring policy-related stocks back in focus
These stocks have rallied up to 25% on the E in the past month, against the Sensex's 1% gain.
Correction offers good value in pharma stocks
Sun, Lupin, Cipla have fallen 9-15% but fundamental prospects remain unchanged as analysts expect 15-25% earnings growth
Sensex ends up 115 points amid a volatile session
Mid-caps and small-caps indices of the E ended 0.8-0.9% higher, outperforming the benchmark Sensex and Nifty.
Where did Tarun Tejpal get all the money from?
The alleged sexual assault by Tehelka Editor-in-chief Tarun Tejpal on a young journalist, who has now resigned from the magazine, has brought the well-known journalist's business under the scanner.
Railways' pride: World's 10 fastest trains
China is the world leader when it comes to operating fastest trains.
After Goldman Sachs, Nomura now sees Modi wave
Yet another foreign brokerage has said that it expects Narendra Modi-led BJP to come to power after the Lok Sabha elections.
November 27, 2013
Why Mamata couldn't produce 10 lakh jobs in Bengal
Promising to promote the ailing jute industry in the state, the chief minister said, "If the Centre does not make use of jute bags mandatory for packaging, the state will do it."
Is your car safe? Maruti to recall select cars including Swift
The company said it will inspect the steering column for 1,492 vehicles -- Ertiga: 306 units, Swift: 592 units, Dzire: 581 units and A-Star: 13 units manufactured between October 19, 2013 and 26th October 2013.
Major trade deal fails; UPA's election tactics blamed
Specific difficulties and last-minute backtracking now can only be overcome by trade ministers at a biennial meeting on Dec 3-6.
Are special perks for VIPs in India justified?
The race for VIP perks has pernicious consequences and is undermining the elite's authority.
The top 5 ugliest billionaire websites
There are billionaires who have all the money at their disposal but have websites that are outdated, amateurish, or simply jarring.
Chidambaram takes on Modi, says rupee value fell under NDA
Referring to Modi's reported remarks that then Prime Minister Atal Bihari Vajpayee did not let the value of the rupee fall, he said the exchange of the rupee was 39.49 to a
How economic crisis doubled Indians' sufferings in recent years
Increase in sufferings in India has also resulted in an increase in sufferings in South Asia, the latest report from the American opinion poll agency said.
Crisis: No buyers for Mumbai's residential properties
About 130,000 of the city's 290,00 under-construction residential properties (45 per cent) are lying unsold due to weak demand and high prices, shows a report released by global property consultant Knight Frank.
Dealing with government, a big hurdle for India Inc
Reforms may have removed many controls on industry, but the need to deal with the government or its civil servants has not declined.
AAI has a team plan to cut through fog
ATC data show on an average airport capacity falls 40 per cent because of higher runway occupation time during the dense fog period.
Why Daiichi is taking Malvinder Singh to court
The Japanese company alleges the earlier Ranbaxy promoters withheld crucial information when they sold the company in 2008.
World's 10 most expensive residential areas
At Hong Kong's Pollock's Path, houses are quoted at Rs 75.4 lakh one square metre.
Apple beats Google to become world's most valuable brand
"The Apple brand is worth nearly twice as much as any other brand on the planet," states Forbes.
Market falls flat: F&O rollovers ahead
Market remained volatile this week as traders roll over positions in the futures & options (F&O) segment from the near month November to December and July-September GDP data on Friday.
Private e-mail IDs expose govt offices to snoop threat
The documents leaked by former National Security Agency contractor Edward Snowden had also indicated that India was fifth among the countries that were under constant surveillance -- its nuclear, space and political discussions possibly being spied on.
How Infosys plans to cut employee costs
Infosys chief N.R. Narayana Murthy has said the company is looking at reducing the number of top officials and subcontractors at onsite locations in a bid to reduce operational costs, according to Barclays.
November 26, 2013
BSE: Top losers and gainers
Market will remain volatile this week as traders roll over positions in the futures & options (F&O) segment from the near month November to December and July-September GDP data on Friday.
India's corporate tax rates among highest globally
Tax rates for companies in India are among the highest in the world and the number of payments is also more than the global average, putting the country at a low 158th rank on the 'Paying Taxes 2014' list.
A whopping Rs 3,000-cr black money recovered in 2013
The bureau has received as many as 843 inputs from various law enforcement and intelligence agencies.
Countries that will see biggest decline in debt
Let's take a look at some nations that are projected to see biggest drop in debt relative to gross domestic product.
How many Indians have Internet connection? Find out...
Let's take a look at Internet penetration around the world, including India.
The stunning Falcon 2000S business jet in India soon
Dassault has delivered 10 Falcon 2000S business jets since aircraft deliveries started in April.
Samsung launches more powerful Grand 2; bigger display
The phone sports a bigger screen compared to its predecessor, has better screen resolution, and a quad core processor.
Lessons to be learnt from the Campa Cola crisis
An errant builder doesn't lose anything but the property buyer could lose everything.
What makes Gurgaon Rapid Metro so UNIQUE
The country's first privately-funded metro project, if successful, could spark a new trend in urban transport.
For car makers, need for speed beats slowdown fears
From SUVs and MPVs to entry-level hatchbacks, top firms line up a bevy of products for display at February's Auto Expo, the biggest so far.
Sensex slumps 180 points on profit booking; banks drag
The main losers on the Sensex were Bharti Airtel, ICICI Bank, Coal India, ITC, HDFC and GAIL.
November 25, 2013
Finally, Honda unveils the all-new City!
The car has received changes in almost every department be it the exterior, interior, features, engine options or dimensions, which make it an even more desirable product now.
Jailed TMC MP: 'I will spill the beans and put up a brave fight'
'I am being framed to protect the TMC's vested interests... No one can silence me by putting me behind bars,' suspended Trinamool Congress member of Parliament Kunal Ghosh tells Rediff.com's Indrani Roy in an exclusive interview.
Virtual tour: India's largest casino to open in 2014
India's largest integrated casino resort in Daman, spread over 10 acres with 60,000 square feet gaming space, is likely to become operational from early next year.
India among countries that attracted biggest inflow of FDI
Let's take a look at nations that saw biggest inflow of foreign direct investment.
Is India the most globalised economy in the world?
Let's take a look at some of the most globalised economies in the world.
Should you buy the Google Chromebook?
Google's Chromebook is finally in India.
Tata Motors launches CNG variants of Indica, Indigo eCS
Tata Indigo eCS emax delivers a mileage of 24.6 km/kg and Indica gives 23.7 km/kg.
How friendly is Indian government to businesses? Find out...
Let's take a look at how business-friendly some governments are.
Your wait for that big I-T refund just got longer
If you are expecting a huge income-tax (I-T) refund, you may have to wait a bit longer than you earlier thought.
Is India Inc geared up to deal with sexual harassment cases?
The Delhi rape-murder incident brought stricter provisions in Indian Penal Code, recognising sexual harassment as a criminal offence.
Smartphones will be smarter than YOU by 2017
Smartphones will soon be able to predict a consumer's next move, their next purchase or interpret actions based on what it knows, according to information technology research and advisory company Gartner Inc.
Why gold price may touch Rs 32,100 soon
The shift towards a hawkish stand by the US Federal Reserve has kept gold prices on the edge.
Sensex surges on Iran deal, ends up 388 points
Markets surged on Monday snapping a three-day losing streak on hopes that Iran deal would help India lower its CAD and contain inflation
India beats China as the most attractive investment destination
With relaxation in FDI norms to boost investor sentiments, India has emerged as the most attractive investment destination surpassing neighbouring China and the US, says a report.
Investor wealth SLUMPS by Rs 3.45 lakh cr despite Sensex rise
Investor wealth has eroded by over Rs 3.45 lakh crore to Rs 66.39 lakh crore so far this year, even though the stock market benchmark index, Sensex, has made gains during this period.
CLSA, Credit Suisse see rosy future for Indian markets
Two leading foreign brokerages have projected a bright outlook for Indian equity markets amid heightened prospects of significant gains in the run-up to the general elections early next year.
7 Indian-origin persons among world's top management gurus
These people are changing the way business is done globally, setting course for future of commerce.
Global tax test: India fully compliant, Cyprus fails
A worldwide crackdown on illicit funds has left just four jurisdictions -- Cyprus, Luxembourg, Seychelles and British Virgin Islands -- non-compliant with global tax laws, while India has emerged as 'fully compliant'.
Rupee fall pushes Tata group out of $100-bn club
Salt-to-software conglomerate Tata group's combined turnover has slipped below $100-billion mark due to a fall in rupee, despite an over ten per cent growth in total revenue when measured in Indian currency.
November 23, 2013
Kolkata, Chennai sees highest rise in property prices; Delhi lags
Residential property prices in 12 cities, including Mumbai, Hyderabad and Chennai, rose during July-September quarter, as compared to a year ago, according to the National Housing Bank (NHB) Residex.
HTC launches the costliest Android phone; costs Rs 61,490
The phone comes with stylus, insurance for theft, liquid damage and option to be purchased in monthly instalments.
Why businessmen WANT Narendra Modi to come to POWER
There is a wide chasm that separates business and the UPA government. This has driven business straight into the arms of Narendra Modi.
November 22, 2013
BSE: Top losers and gainers
The 30-share Sensex closed at 20,217 down almost 12 points or 0.06% and the 50-share Nifty index closed almost 4 points lower at 5,995 levels.
Once again, Nilekani justifies Aadhar!
Nandan Nilekani said Aadhaar card can help in creating national portable health record system.
Starbucks taking Indian Coffee to its outlets across globe
Tata Starbucks, the 50/50 joint venture between Starbucks Coffee Company and Tata Global Beverages Ltd, opened its 30th store in the market -- at Koramangala in Bengaluru, adding Bengaluru to its list of cities, which includes Mumbai, Delhi
Why SBI's profit dips when a new CEO is appointed
As the outgoing chief prefers to leave on a high note, it is left for the newcomer to clean up the mess.
Why investors are unhappy with leadership at Apple, Microsoft
Stakeholders are getting impatient with CEOs who are steady and stable. They want the leaders to take fast decisions and deliver quickly.
The BEST diesel cars to buy in India
And India is a mileage crazy nation. Good fuel efficiency can make or break the deal.
Ambitious Sahara bought trophy assets around the world
The Sahara group's expansion into many areas of the services industry - retail, real estate and hospitality - reflects its huge ambitions.
How the glitzy Sahara Parivar slipped into deep crisis
To continue fighting and growing, it has to first deposit cash of Rs 20,000 crore or title deeds of properties of similar worth in the next few days.
Why you shouldn't invest lump sum before elections
With just six months to go for the general elections, market participants are waiting with bated breath for this major event to get over.
US jury awards Apple $290 million in retrial vs Samsung
A US jury awarded Apple Inc about $290 million in damages in a retrial against Samsung Electronics Co Ltd, restoring a large chunk of a historic verdict the iPhone maker won last year.
Moily's diesel maths doesn't add up
Assurance of full decontrol in 6 months would need far heavier doses of phased rises, which isn't being contemplated.
Sensex ends flat as investors turn cautious
According to provisional data, foreign institutional investors (FIIs) turned net sellers of Indian shares worth Rs 59.80 crore on Thursday, 21 November 2013, breaking a 32-day buying spree.
Indians among top informers in US
Gave more information on wrongdoing than France, Germany and Japan
Gold business expected to pick up from January 2014
Gold jewellery business is expected to pick up from January 2014 as agriculture sector is doing well, an industry official said on Thursday.
2 Indian-Americans among Fortune's top 50 people in business
MasterCard's India-born CEO Ajay Banga and the co-CEO of Workday Aneel Bhusri are among the 50 top business leaders in the list.
Duronto trains lose charm, to run as regular superfast express
The non-stop feature of Duronto trains appears to be losing sheen on some routes as there is a poor response from travellers, prompting railways to convert five such trains into regular superfast express.
No Modi bias, Goldman bullish on India's growth
After the rap over endorsement of Narendra Modi earlier this month by its equity markets arm, Goldman Sachs on Thursday refused to attribute anything political to its optimism on the country's growth prospects next fiscal, saying it does not form or hold political opinions on the topic.
November 21, 2013
Market slump: Investors become poorer by over Rs 1 lakh crore
Wednesday's release of the minutes of Fed's October meet spooked global markets as it signalled tapering of the $85 billion monthly bond buying could happen 'in coming months' if the economy improves as anticipated.
India will be devastated if it ignores environmental concerns
By 2050, India will be a devastated country if the deafness to environmental and resource concerns persists.
SC prevents Subrata Roy from leaving India
The apex court also restrained Sahara group from selling any of its property to anybody.
The unique story of India's luxury market
The real talent for purveyors of luxury goods and services will lie in training Indians to serve them.
Honda Vezel: The gorgeous SUV to debut in India
It will compete with the Renault Duster and Nissan Terrano and is expected to be priced between Rs 9-12 lakh.
Apple's amazing 'spaceship campus' gets approval
Apple has reportedly got the final nod from the city council for building its latest 'spaceship campus'.
How research will change after this year's Nobel Prize
The Prize highlights that that if researchers from different fields work together, the quality of results is better and more definite.
10 companies sitting on orders worth billions of dollars
Let's take a look at some companies that are sitting on orders worth billions of dollars.
India a safe investment destination: FM to Indian diaspora
Chidambaram said at the opening of South Asian Diaspora Convention, 2013, which was attended by over 1000 delegates.
Who will be the next Microsoft CEO?
Chairman Bill Gates said on Tuesday he was pleased with Microsoft Corp's progress in finding a new chief executive but outlined the difficulties in picking the next leader of the world's largest software company as it seeks to reinvent itself as a mobile computing power.
RBI's new norm to affect growth of MNC banks like Citi, HSBC
Subsidiary route may not give branch expansion freedom to many foreign banks.
Why World Bank thinks India will have a good Q3
Last week, Chidambaram had exuded confidence that the economy will pick up in the second half and record a growth of 5-5.5 per cent in 2013-14.
For Intel, Hollywood dreams prove a leap too far
The drastic change in plans for the retail spaces follows the company's abrupt abandonment of a grand plan to become an entertainment hub in living rooms around the world - a retreat that has been rumored but not yet acknowledged by the company.
Kolkata's iconic Great Eastern Hotel sold for Rs 52 crore only: The inside story
While the divestment attracted many names initially, on the final day, only The Lalit Suri group submitted a price bid.
Seven Indian drinks among world's best-selling alcohol brands
Let's take a look at some of the best-selling spirits in the world.
Nokia shareholders approve sale of mobile business to Microsoft
The sale is expected to close in the first quarter of next year after regulatory clearances.
Market heads south, Sensex loses 340 points
Key benchmark indices continue to head south weighed down by financials, capital goods and IT shares.
Why you must include PPF, tax-free bonds in portfolio
The season of tax-free bonds is on.
Google's Nexus 5 phone makes Indian debut; sold out within hrs
Internet giant Google may have underestimated demand for its flagship Nexus 5 phone as it ran out of stock within hours of listing for sale in India.
Can China rival United States as an economic superpower?
China's ambitious reform road map could transform the country's economy, but it conceals a return to old-style authoritarianism.
Chronology: How Jet-Etihad got over every hurdle they faced
How the first FDI in aviation was achieved.
November 20, 2013
BlackBerry launches Porsche-designed smartphone
Though the price of the handset was not disclosed, BlackBerry said the device is fashioned from high-quality materials and features a customised version of its 10.2
BSE: Top losers and gainers
The 30-share Sensex ended down 305 points at 20,585. The 50-share Nifty ended down 80 points at 6,123 recording its highest single-day loss since September 30 when the benchmark index had dropped 98 points.
Rs 2,069 crore Jet-Etihad deal finally takes off
Naresh Goyal becomes the country's first airline promoter to receive
'India's pace of economic reforms disappointing'
Singapore's Fullerton Fund pumps more into China, cuts exposure in India
Renault keen on utility vehicle, small car segment in India
The company that sells five models in the country is looking for nearly 90 per cent growth in sales this year.
Gold pours into China to meet record demand
China, set to pass India this year as the world's top gold consumer, has imported nearly a fifth more bullion than data from its traditional conduit Hong Kong shows as it brings in the metal via other routes.
The good, the bad and the ugly of India's rural transformation
Despite impressive progress, a Green Revolution-era policy framework - subsidies for fertiliser and free electricity for groundwater irrigation - has now become an escalating risk to sustainability.
LG to launch 25 devices in India; aims to sell 50 mn phones
The late entrant is banking on rapid launches, focused distribution and higher localisation to get 5 million of the market this year. Will it succeed?
Embrace transparency in Internet use: Google urges India
A Google search of 'India Internet censorship' generates thousands of hits documenting episodes in recent years of government authorities demanding the closure of websites.
World's top 10 mobile phone companies
Mobile phone sales across the world totaled 455.6 million units in the third quarter of 2013, an increase of 5.7 percent from the same period last year, according to Gartner, Inc.
Fed committed to easy policy for as long as needed: Bernanke
In a speech to the National Economists Club that echoed dovish comments by his nominated successor, Janet Yellen, Bernanke also said that while the economy had made significant progress, it was still far from where officials wanted it to be.
Multiplex operators strike gold in Bollywood-mad India
Multiplex operators like PVR Ltd, Inox Leisure, Reliance Mediaworks and Mexican chain Cinepolis are scrambling to set up theatres
How India can reduce the long waiting period at toll booths
While international service standards require passage through the tollgate in about five seconds per vehicle, the actual time taken in India is usually a large multiple of that.
Tata Motors to debut a small car and a compact sedan soon
Hatchback and compact sedan to be unveiled at Auto Expo will have new DNA.
Is FIIs' love affair with Asia waning?
The liquidity-driven market rally since September, which has seen about $2 billion of inflows into the Indian equity markets, has propelled the benchmark the S&P E Sensex to a new high after about six years.
Indian entrepreneurs can build next Google: Schmidt
The former Google chief executive officer said he witnessed the creative potential of India's people all around him in Silicon Valley where India-born entrepreneurs account for 40 per cent of start-ups.
US economy in a good position to compete: Obama
Obama said there is need to fix the broken immigration system that strengthens economy and national security.
India seeks Congressional help over immigration bill
The Indian IT industry has led the way, in strengthening the India-US trade and investment relationship, Sandhu said adding that today, companies like TCS, Wipro, Infosys and HCL employ well over 50,000 US citizens and support more than 280,000 other local US jobs.
Sensex loses 300 points, Nifty records highest single-day loss
Investors booked profits in late trades after gains in the previous three sessions.
India among countries that saw biggest jump in gold stockpile
Let's take a look at nations that saw biggest increase in gold stockpiles.
How much nuclear power fuels India's energy needs? Find out...
Let's take a look at some nations, including India, that depend on nuclear power to provide energy needs.
Iconic images capture the beauty of Mercedes-Benz
Let's take a look at some of the models manufactured by the company down the years.
Why Honda Amaze is the best compact sedan
If you were still contemplating buying Honda Amaze, here something to convince you.
7 things to know about India's first women's bank
With the inauguration of the bank in Mumbai, seven branches would become operational across the country including in Kolkata, Chennai, Ahmedabad and Guwahati.
November 19, 2013
Blackstone, Panchshil Realty to buy Express Towers for Rs 900 cr
US private equity firm Blackstone Group LP and Indian developer Panchshil Realty are close to buying a majority stake in an office tower in Mumbai for about Rs 900 crore (Rs 9 billion), two sources with direct knowledge of the matter said.
Average age of India's super rich 63 yrs; China youngest at 53
At 53 years, China's billionaires are the youngest in the world, while the average age of India's super rich people is 63 years, a year older than the global average of 62.
BSE: Top gainers and losers
The 30-share Sensex ended up 40 points at 20,891 mark and the 50-share Nifty ended up 14 points at 6,203 levels.
PM inaugurates Bharatiya Mahila Bank, Sonia attends function
Coinciding with the 96th birthday of late Indira Gandhi, Prime Minister Manmohan Singh inaugurated the first of its seven branches at a function in Mumbai in the presence of United Progressive Alliance Chairperson Sonia Gandhi, coalition leaders Sharad Pawar and Farooq Abdullah, besides Finance Minister P Chidambaram.
Fare wars land airlines in a mess
Recent attempts to salvage the situation might not be enough thanks to the rise in jet fuel prices and depreciation of the rupee.
Mumbai's new iconic structure: Bombay Arts Society building
The famous architect Sanjay Puri has designed the building. Within an extremely small plot measuring only 1,300 square metres; the architect has created a fully fluid area to fit the clients' requirements.
How India's businesses have transformed
Before liberalisation, the strict norms had often stifled entrepreneurs looking beyond the boundaries of the country, and scalability was a taboo.
Why Starbucks CEO is impressed with Ratan Tata
Starbucks CEO Howard Schultz has voiced his admiration for industrialist Ratan Tata's 'grace' and wisdom, saying he was moved by the business icon's words during the launch of the coffee chain's flagship store in Mumbai last year.
25 toughest companies for job seekers
Firms that ask you the toughest interview questions.
Supreme Court issues notice on chit fund regulation
Supreme Court has issued notice over chit fund.
Did Sachin choose his sponsors with care?
Sebi has in public advertisements advised people not to invest in Q shop. But, top cricketers, including the man they call God, continued to peddle Q shop.
15 countries that have highest household debt
Let's take a look at 15 economies that have highest household debt in the world.
What triggers Sensex's split personality
A few shares foreigners love have lifted markets, leaving investors open to a reversal of hot money as well as political risk.
The Reserve Bank's mission impossible?
Taming inflation may prove difficult because the social consensus in favour of moderate inflation appears to have eroded
Sensex ends up 40 points, Nifty above 6,200
The main gainers on the Sensex were Hindalco, JSPL, SBI, Maruti Suzuki, GAIL, L&T.
Meet the man who exposed Ranbaxy's fraud
Dinesh Thakur is now planning to start a new venture to help the industry and the US regulator avoid another Ranbaxy-like episode.
Is this a good time to invest in stocks?
When it comes to financial markets, fear and greed play a large component in determining market prices.
How satisfied are Indians with their job?
Let's take a look at some countries where workers are happiest.
Don't trust stocks experts! Here's how to do your own research
An investor cannot use the same multiple to reach on the fair value of the stock. Every industry is judged by different parameters.
November 18, 2013
Stock market rally makes investors richer by over Rs 1 trillion
This was the biggest single-day gain for Sensex since October 18 when it rose by 467.38 points.
Why we are heading towards another tech bubble
Social media has become so integral to our lives that we don't even see the ways in which it has changed us.
Sennheiser Momentum: Fall in love with music all over again
Armed with a hard shell case, Sennheiser's latest set of headphones offers an enviable balance of sound.
Why Wockhardt's Waluj facility is under lens
After recovering from issues such as defaults on foreign currency convertible bonds and piling debts, pharmaceutical major Wockhardt has been on the slow lane through the last six months, following warnings from global regulators such as the US Food and Drug Administration (FDA) and the UK Medicines and Healthcare Products Regulatory Agency.
ICICI hits overseas debt market with benchmark issue
This is the second debt raising by Mumbai-based lender this year after it had raised SG$ 225 million early January in a seven-year bond sale programme.
Jaguar F-Type is nothing short of a masterpiece
Few phrases would describe the leonine Jaguar F-Type better other than 'poetry in motion'.
Buy this mansion, get a Rolls Royce for free!
In a novel offering, a realtor in the US state of Florida is giving a Rolls Royce car for 'free' with a nearly $13 million mansion.
Indian shopping street among world's most expensive locations
Let's take a look at some of the most expensive retail locations in the world.
25 banks sitting on biggest pile of money in the world
Let's take a look at banks that have most assets in the world.
Vegflation: Another killer for India's economy!
A double-digit food inflation has become a standard feature of our economic history now for the sixth year.
Why rupee fall is good for India
In March 2012, the rupee was about 51 to the US dollar - not much cheaper than it was a decade earlier.
Road ahead is slippery for the automobile industry, says Fitch
Demand for passenger vehicles, which has been on a downhill so far this year, will continue to remain sluggish through the first half of 2014 due to high interest rates which has weakened consumer sentiment, says a Fitch Ratings report.
End of easy money as RBI pushes to develop money markets
The ability of banks to continuously tap funds through the central bank's Liquidity Adjustment Facility lowers their need to raise cash in the markets, which has thwarted the development of a proper money-market yield curve.
Stunning concept cars of Tokyo Motor Show
Of all auto event, this one in Japan is favourite of car makers to unveil their concepts.
Wealthiest Indians you've probably NEVER heard of
Some of these are low profile while few have businesses outside India or are restricted to one geography.
Markets record highest single-day gains in a month
The market rode on US Fed plans to continue the stimulus measures and China's economic reforms.
'Modi's rise to power will not affect Indo-Pak trade ties'
Narendra Modi's coming to power will not make any difference to Pakistan's trade ties with India, says Zubair Ahmed Malik, president of the Federation of Pakistan Chambers of Commerce & Industry.
Want to be successful? Take a long-term view, says Indra Nooyi
Pepsico's Indra Nooyi claims she remains bullish on India, while Sebi's Sinha makes the case for using pension money to pump capital into the market, reports Faisal Kidwai.
Gold smuggling is rampant; trend likely to continue
40-50 tonnes of gold may have been smuggled into India in July-September; industry seeks duty cut
November 15, 2013
Tata is Tendulkar of corporate India: Chidambaram
With a large gathering of corporate leaders in attendance at the function in Mumbai even as the master blaster played his last test match at the nearby Wankhede Stadium, the
Lenovo launches 8-inch and 10-inch Yoga Tablet
The are priced between Rs 22,999 to Rs 28,999.
RBI blames inflation for high interest rates
Since taking over at RBI on September 4, Governor Raghuram Rajan has twice hiked the repo rate -- at which the central bank lends to banks -- to 7.75 per cent, seeking to
Volatile living: India, China's bold monetary experiment
Both central banks targeted interbank rates to control the supply of money, aiming for a more surgical monetary tool than orthodox bank reserves or policy interest rates.
Chidambaram hopes RBI gives license to specialised banks
The RBI had issued guidelines for Licensing of New Banks in the Private Sector on February 22 and came out with clarifications in the first week of June.
Indian TV channels go on war overseas
Broadcasters are doing everything they can-overhauling content, firming up distribution deals and launching free-to-air channels - to capture the Rs 1,500-crore overseas market.
How low oil prices can revolutionise Islamic countries
As the oil moneybags get lighter, it will be increasingly difficult for Saudi Arabia and other Gulf states to continue to support incendiary radicals. And over time, there will be greater integration of Muslim life and culture into the "mainstream".
Did FinMin ask pension regulator chief to quit?
Agarwal's relationship with the finance ministry has been choppy, particularly after P Chidambaram.
Rangarajan's mantra to contain inflation
According to data released on Thursday, Wholesale Price Index-based inflation rose to seven per cent in October from 6.46 per cent in September.
Why pesky calls and SMS won't stop soon
Rules have been amended repeatedly but it's a lucrative business; severely penalising the ultimate beneficiaries may be needed.
Infosys tries to offshore more work to woo large clients
The Bengaluru-based company, striving to return to sustained growth, is looking at different ways to reduce the cost structure, aiming to win large clients, said Rajiv Bansal, chief financial officer.
Cricketers who BENEFIT from Sachin Tendulkar's retirement
There's now a big brand endorsement opportunity for the icon's colleagues.
14 simple tricks to get the best mileage from your car
Following proper driving techniques can help you to achieve much higher fuel efficiency. Here are few...
10 cities in the world seeing biggest increase in low-cost carriers
Let's take a look at cities that are seeing biggest increase in low-cost airlines's seat capacity.
10 countries that saw biggest decline in gold stockpile
Let's take a look at nations that saw biggest drop in gold stockpiles.
iPhone 5c too highly priced for India: Gartner
In mature markets like the US and Europe the price difference between the iPhone 5c and 5s is not enough.
IMAGES: 'Pink Star' diamond sold for a whopping $83 million!
A plum-sized flawless diamond known as the Pink Star has been sold for a staggering $83 million at an auction in London, a record price for a gemstone.
The sinking story: Indian banks with highest NPAs
The net non-performing assets (NPAs) or bad loans of 40 listed banks jumped by 38 per cent or around Rs 35,424 crore (Rs 354.24 billion) in the first six months of current financial year.
November 14, 2013
BMW launches new version of Z4; costs Rs 68.9 lakh
Feature additions come in the form of LED headlights, new alloy wheel design options, additional body colours and an optional contrast roof.
What led to the CRISIS at State Bank of India
India's largest public sector bank, State Bank of India announced its Q2 results with a fall of 35.08 per cent in standalone net profit to Rs 2,375 crore (Rs 23.75 billion) for the quarter ending September 2013.
US billionaires favour New York over other American cities
The United States is home to 515 billionaires with a combined net worth of more than $2 trillion and many favour New York over other American cities to live in, says a report.
BlackBerry completes $1 bn investment through debentures
The investors also have an option to purchase additional $250 million worth of debentures in 30 days.
Mystery behind J P Morgan's China deals being probed
US authorities are investigating J P Morgan's hiring practices in China as part of a wider bribery probe
Why Obama will visit ArcelorMittal's US plant
Noting its role in reviving the US economy and creating jobs, President Barack Obama will visit a steel plant owned by NRI tycoon Lakshmi Mittal whose company is the largest supplier of steel to the US auto manufacturing sector.
SPECIAL: Why gold demand in India is hit
Global appetite for gold fell 21 per cent in the third quarter as outflows from physical bullion funds and the drop in buying from India offset firmer jewellery, coin and bar sales, a quarterly report from the WGC showed on Thursday.
Economists vs politicians: Tough fight over economic policies
Macroeconomic policy aimed at short-term political gains does not augur well for a poorly performing economy.
How to keep your retirement corpus intact
With EPFO capping the contributions to your pension scheme, you could look at other pension plans.
Advertisers hit a ton with Sachin's swansong match
From hoardings to banners, the city is splattered with 'goodbye Sachin' messages.
Sensex breaks 7-day streak, ends 205 points higher
Meanwhile, Wholesale Prices Inflation (WPI) numbers which were announced on Thursday, accelerated to an eight-month high of 7.0% in October.
Mukesh Ambani's mantra to solve current account deficit problem
Mukesh Ambani said broadband technology is providing access to opportunities irrespective of geographies.
20 best Internet broadband providers in the world
Let's take a look at 20 top Internet service providers in the world.
IMAGES: Motorola unveils low-cost smartphone, Moto G
Motorola is betting that low-cost smartphones can provide the spark to rekindle its struggling business, even as the company's ownership by Google Inc will force it to sit out of China, the world's largest smartphone market.
Mumbai's ambitious transport project to face indefinite DELAY
The Rs 20,000-crore Mumbai Elevated Rail Corridor is in for an indefinite delay as it is being reworked, marking a setback to the ambitious rapid transport project.
10 incredible structures made from recycled materials
As our resources deplete, some environmentally conscious people around the world are using trash and converting it to treasure.
IMAGES: Finally, Gurgaon gets a swanky Metro rail
The Gurgaon Rapid Metro, connecting the Cyber City with the Delhi Metro network, begins its run on Thursday.
Azim Premji is India's most GENEROUS businessman
When it comes to philanthropy, Indians don't share the table with the likes of Bill Gates but still there are a few who do really donate and the latest list is topped by Azim Premji of Wipro.
November 13, 2013
BSE: Top losers and gainers
The 30-share Sensex ended down 88 points at 20,194 and the 50-share Nifty ended down 28 points at 5,990.
At last, some good news for the Indian economy
The economy grew by 4.4 per cent in the first (April-June) quarter of current fiscal. In 2012-13, the gross domestic product growth fell to a decade low of 5 per cent.
Gold demand improves in India; supply remains tight
The most-active gold contract for December delivery was 0.99 per cent lower at 30,109 rupees ($470) per 10 gram at 0934 GMT on the Multi Commodity Exchange.
CAD to come down to $56 billion this fiscal: Rajan
RBI Governor Rajan on Wednesday said significant progress made in curbing current account deficit.
IMAGES: One World Trade Center to be TALLEST skyscraper in US
The skyscraper at New York's World Trade Center has been designated the tallest building in the United States by virtue of its spire, surpassing Chicago's Willis Tower, an international body said on Tuesday.
Twitter was once named Friendstalker
Among other names the founders contemplated were 'Twitch' and 'Smssy'
34k bank branches at risk as MS to end Windows XP support
Microsoft sources said about 52 per cent of computers in banks, 30 per cent in government offices, 26 per cent in manufacturing companies and 26 per cent in software firms are running on Windows XP.
How smart cities can transform India's future
Cisco's CEO says India's urban planners urgently need to think innovatively to prepare for the unprecedented migration from villages that is expected over the next decade.
Ambani to bring cash and carry to Punjab
The company wants to compete against international majors in Sunil Mittal bastion.
IMAGES: Inside the stunning Falcon 5X private jet
Dassault Aviation has unveiled its biggest and most advanced Falcon jet.
15 largest IPOs launched by Internet companies
Let's take a look at some of the biggest IPOs floated by Internet companies.
Twin DEVILS that have eroded the Indian economy
Consumer durables shrank year on year, which could suggest to observers that spending confidence is yet to return to the economy.
India's 20 BEST selling cars
Here are the best selling cars in the month of October
World's top 10 TAX HAVENS
"The biggest providers of financial secrecy are not small, palm-fringed islands as many suppose, but some of the world's biggest and wealthiest countries," finds the Financial Secrecy Index.
TCS paying top dollar for the New York marathon
TCS hopes to create a positive image for outsourcing by sponsoring a famous marathon
Sensex loses 88 points, Nifty ends below 6,000
Markets ended lower for seventh straight day on profit taking in index heavyweights.
D-St favourites queue up at RBI for higher FII investment limit
Foreign institutions are becoming important for the Indian markets.
November 12, 2013
Tatas won't return Singur land; keen to return to Bengal
The automobile firm's response came in reply to an earlier specific query of the apex court asking it to make its stand clear over the allotted land in the wake of changed scenario as the company had already moved its car plant to Gujarat.
BSE: Top losers and gainers
The 30-share Sensex ended 209 points down at 20,282 after hitting an intra-day low of 20,262 and the 50-share Nifty ended 61 points down at 6,018 after touching an intra-day low of 6,012.
Private investment: Engine to drive India's economic growth
By enabling, not colluding, with the private sector, the government can drive growth and deliver social protection on a much larger scale.
24 countries that offer best opportunities to foreigners
Let's take a look at 24 nations rated best for expatriates.
Domestic car sales dip 4%
According to the data released by the Society of Indian Automobile Manufacturers, motorcycle sales in last month grew by 18.05 per cent to 11,05,103 units from 9,36,122
25 LARGEST shipping ports in the world
Let's take a look at some of the largest ports handling millions of containers everyday.
India's 16 PROSPEROUS states, Punjab beats Gujarat
Though Maharashtra has 30 per cent more real income per person, Punjab has more widespread ownership of consumer durables, resulting in more prosperity, says the Crisil study.
Is EcoSport better than Duster and Terrano? Find out...
With the launch of Nissan's Terrano, the fight for supremacy in the compact SUV segment hots up.
Car companies that have the BEST service centres in India
After sales service is the key for consumers to buy a car in India. For some people, it can even be a deal breaker. Let's take a look at the companies that have the best authorised service centres.
Costlier vegetables push retail inflation to 10.09%
Costlier vegetables and fruits, such as onions and tomatoes, drove retail inflation to 10.09
Sensex loses 200 points; Nifty ends at 1-month low
The broader markets too ended weak- BSE Midcap and Smallcap indices fell by nearly 1% each.
Should you SELL or BUY more stocks now?
October finished with a Sensex reading of 21,164, a new closing high for the index.
How India can curb gold SMUGGLING
Recent regulations may have caused official gold imports to fall dramatically but evidence of smuggling is rising.
November 11, 2013
How inflation hit the fortunes of India's richest
Though the total wealth of India's 100 richest people grew by a modest 3 per cent from the year ago period to $259 billion, the elite group of entrepreneurs have beaten the
Google lifts suspense over mystery boat
The barge is actually a "technology exhibition space," that Google will move between several piers in the San Francisco Bay area and other West coast locations.
How India's business leaders have let down the country
The private sector has been selfish and greedy, and does not realise that it's they who should be blamed for the failure of India's growth story rather than the system and politicians.
How to get more from your health insurance
With the regulator changing the claims processing rules, policyholders can now settle their claims quicker and keep premium costs lower.
Lenovo P780: A phone that lasts good 40 hours
At Rs 18,799, the Lenovo P780 brings an amazing battery backup, one of the most crucial things for a smartphone.
Fresh tremors for the rupee?
The RBI's strategy to feed dollars to oil marketing companies directly from its dwindling reserves is not sustainable
10 MOST polluted places in the world
Let's take a look at some of the most polluted places in the world.
India targets $2.3 billion asset sales by year-end
Plans disinvestment in IOC and Coal India.
Auditors raise red flags on India's top airlines
Auditors of Jet Airways, SpiceJet say the "appropriateness of the going concern basis" depends on their ability to meet obligations.
How to prepare your child for education loan
This is perhaps the first time your child is taking a loan. Here's how you can guide her to use it wisely.
Sensex ends down 175 points; Nifty closes below 6,100
Meanwhile, IT bucks trend; TCS, Tech Mahindra and Infosys from IT pack were up 0.2-1.3%.
Why is India a difficult country to do business in?
The average number of procedures for starting a business is seven among South Asian economies, it is 12 for India.
How Sardar Patel could have changed India's economic fortunes
Narendra Modi's recent observation that India's fate would have been different had Sardar Patel been the country's first prime minister, instead of Jawaharlal Nehru, has caused a stampede of public opinion.
The FDI tiff: No love lost between India and Walmart?
Sources say the US retail giant's chief reluctant to meet again after Nov 1 meeting was cancelled
The MISTAKES that proved costly for Nokia, Infosys
Their experiences have serious lessons for decision makers in many other industries.
November 10, 2013
After Goldman, CLSA goes gaga over Modi
Says a BJP win would raise business confidence and, as a result, the chances of a new investment cycle
Mysterious India-born investor gains big from Twitter IPO
Suhail Rizvi, an enigmatic India-born investor, has emerged as one of the biggest gainers from Twitter's high-profile public debut.
41% of Indians think the country will LEAD world economy
Indians are divided on whether their own country or neighbour China will take the pole position in the world economy over the next two decades, according to a survey.
November 09, 2013
Blockbuster Twitter debut makes co-founders richer by over $1bn
Riding on the company's stellar market debut, Twitter co-founders Evan Williams and Jack Dorsey saw their combined fortunes soar by over one billion dollars in a single day to $3.6 billion.
November 08, 2013
Twitter and the coming crisis
A look at the frenzy over Twitter's IPO shows that the markets believe that monetary policy will be good for risk assets.
Twitter's goal in IPO: To AVOID becoming Facebook
Twitter CFO Mike Gupta grilled banks about how to sidestep the problems that beset Facebook's IPO from start to finish.
Advantages of RBI opening up to foreign banks' subsidiaries
In the absence of clear incentives for subsidiaries, foreign banks logically prefer the branch mode; but now, those who see India as a long-term growth opportunity have the basis for deciding between the two modes.
Hyundai launches Grand i10 automatic at Rs 5.95 lakh
The Grand i10 AT competes with hatchbacks such as the Maruti Ritz AT, Honda Brio AT and Nissan Micra CVT.
BSE: Top losers and gainers
The 30-share Sensex ended down 157 points at 20,666 and the 50-share Nifty ended down 46 points at 6,141.
Possible reason behind AI Dreamliner's accidents?
With the plane experiencing problems one after another, Civil Aviation Minister Ajit Singh said there were no safety issues and the faults would be worked out.
Why growth remains a major concern for India
Of the BRIC (Brazil, Russia, India and China) economies, China, Russia and Brazil posted sharper increases in activity, but India registered a fourth successive decline in output.
IMAGES: Inside Google's upcoming London headquarters
The search engine giant is now constructing a new headquarters in London that will have a swimming pool, a running track, and all other amenities that adorn its offices worldwide.
COLUMN: How to deal with post-retirement blues
The number of financially well-off people seeking emotional crutches after retirement is increasing rapidly.
India emerges as the most attractive market for FIIs
Foreign institutional investors (FIIs) are back in droves.
Car accidents? 9 amazing features that can save your life
As technology advances, automakers are bringing in more complex mechanism to make the cars safer.
BlackBerry offers bumper package to new CEO John Chen
BlackBerry Ltd will pay its new interim CEO a base salary of $1 million, a bonus of up to twice that amount as well as stock awards potentially worth some $85 million, in the hopes of turning around Canada's most prominent technology company.
SPECIAL: Big Mac gets a king-sized threat
The world's largest burger chain, McDonald's, has had a smooth run in India till now.
Why are vegetable prices hitting the roof?
Price of onions, tomatoes up fivefold; cabbage triples in past year; experts say storage and processing facilities need investment.
Twitter shares soar in frenzied NYSE debut; touches $50
Twitter Inc shares jumped 73 per cent in a frenzied trading debut that drove the seven-year-old company's market value to around $25 billion.
Sensex slips 160 points, US jobs data eyed
Markets continued their losing spree for the fourth straight seesion on Friday as investors turned cautious and booked profits.
Infosys lifts suspense over Rohan Murty's designation
The Union ministry of corporate affairs (MCA) has informed Infosys that the appointment of Rohan Murty, son of co-founder and executive chairman N R Narayana Murthy, does not require its approval.
The CONTROVERSY over Hyderabad Metro
Rejecting allegations of irregularities, L&T Hyderabad Metro Rail Limited today said it
20 countries seeing biggest increase in oil production
Let's take a look at some nations that are witnessing biggest gain in oil production.
India's 10 most powerful businesswomen, Chanda Kochhar tops
ICICI Bank MD and CEO Chanda Kochhar has been ranked as the most powerful businesswoman in India for the third consecutive year by Fortune Magazine.
November 07, 2013
BSE: Top losers and gainers
The 30-share BSE Sensex closed at 20,822 down 72 points after touching a high of 21142.85 while the broader 50-share Nifty index closed at 6,187 levels down 27 points; the index touched a high of 6,289 today.
Top 10 countries with most billionaires; India ranks 6th
According to the the wealth-X and UBS billionaire census report 2013, India's billionaire population has decreased by 5.5 per cent to 103 and the total billionaire wealth has
COLUMN: All about the row over GM crops
It is past time for India to revisit the question of cultivating Bt brinjal hybrids that have been field-tested in the country.
Chennai metro: Tamil Nadu's biggest infrastructure project
At Rs 14,600 cr this is Tamil Nadu's biggest ever infrastructure project.
Home and auto loans get DEARER
State Bank of India (SBI), the country's largest lender, has decided to increase its base rate or minimum lending rate by 20 basis points (bps) from Thursday, to 10 per cent from the present 9.8 per cent.
Twitter prices IPO above range, eyes at least $1.8 billion
The microblogging network priced 70 million shares at $26, above the targeted range of $23 to $25, which had been raised once before.
Market ends low post festival of lights
Key indices ended weak for a third consecutive session after a stellar rally.
India's 25 RICHEST people, Dilip Shanghvi top gainer
India's 100 richest saw a 3 per cent rise in the wealth totaling $259 billion, says Forbes.
24 economies that are most transparent
Let's take a look at 24 most open economies in the world.
After the financial crisis, India has a ray of hope
Five years after the 2008 global financial crisis plunged the world into the Great Recession, there is a ray of hope that may lead the world into quicker recovery than what has happened till now.
World's most expensive car has a price tag of 4.6m pounds
The car will go for auction next year.
World gets richer: Record 2,170 billionaires!
Notwithstanding the current economic uncertainty, Asia has recorded the largest increase in its billionaires club in the world with 18 new billionaires in 2013, making it the fastest-growing region, a report says.
Skewed taxation rules a spoiler for REIT investors
Investors in Reit would like some favourable tax treatment so that this remains an attractive route for them to put money as compared to other options present in the market.
India likely to become 3rd largest economy by 2030
India is likely to be the third largest economy with a gross domestic product size of $15 trillion by 2030, says Standard Chartered's Super-Cycle Report.
November 06, 2013
BSE: Top losers and gainers
The 30-share Sensex ended down 80 points at 20,895 after hitting a low of 20,861 and the 50-share Nifty ended down 38 points at 6,219 after touching a intra-day low of 6,209.
No love lost for BlackBerry, Watsa after surprise deal
BlackBerry Ltd's decision to accept a $1 billion cash injection from a group of investors led by Canadian financier Prem Watsa shocked other potential bidders for the smartphone maker and has left some investors crying foul.
Why wages in India will rise by just 2%
According to ECA International, a provider of knowledge, information and technology for the management and assignment of employees around the world, factoring in inflation, employees in Asia are likely to receive the biggest average increases in real terms.
How Infosys visa row affects Indian IT industry
The industry needs to change its business model.
There is a SWISS connection to Indians' craze for gold
Swiss data secrecy suggests a sinister explanation for India's gold fetish.
IMAGES: Inside India's tallest Air Traffic Control tower
Constructed at a cost of about Rs 100 crore, the tower stands at a height of 83.3 metre.
24 cities that enjoy fastest broadband speeds in the world
Let's take a look at 24 cities enjoying fast download and upload speeds.
Hyderabad man in race for Microsoft's top job
In August, Steve Ballmer said he would retire within 12 months.
Will HCL face a Infosys-like situation ever?
Shiv Nadar, the first-generation information technology entrepreneur, founder and chairman of the HCL Group, has announced an additional Rs 3,000-crore investment over the next five years towards the educational initiatives of his corporate social responsibility entity, the Shiv Nadar Foundation.
After biting Apple in China, Xiaomi looks to scale up rivalry in India
The company may offer phones at around Rs 20,000, less than half the starting price of Apple handsets.
Luxury carmakers change lanes to cruise in a slow market
BMW is just another of the many bringing entry-level luxury cars to the market.
Markets end near day's lows, bank shares weigh
Profit taking was seen in financials and index heavyweight Reliance Industries after recent gains.
Isro propels India Inc's space ambitions
A symbol of self-reliance, India's space endeavours are a model for public-private partnership.
Burj Khalifa builder a consultant for Statue of Unity project
According to government officials, the Indian arm of Turner Project Management, which worked on the world's tallest building, the Burj Khalifa of Dubai, is consultant for the project and construction management.
How retail investors can make a fortune
Exit from equities if your investment was goal-linked or if you urgently need cash. Else, stay; rebalance your portfolio by picking attractively valued and some better-performing stocks
November 05, 2013
In key markets, realty prices may fall 10-15% in months
According to an expert tracking the sector, by Diwali 2014, the prices could correct 10-15 per cent in the National Capital Region, Mumbai and other similar high-end markets where rates have surged in recent times.
At last, some good news for the Indian economy
RBI's swap windows have boosted foreign inflows over the past two months.
AI Dreamliner passengers have another nightmarish experience
An Air India Dreamliner, with 184 passengers and crew onboard operating on London-Delhi route, made "priority" landing at the IGI Airport after some warning lights indicating problem with the braking system blipped in the cockpit.
iPhone 5 series sold out in India
An increasing number of enthusiasts are walking in asking for the gold-coloured version of the iPhone 5S.
Planning to buy a Volkswagen Polo? Here's a helpful guide...
If you are looking for a premium hatchback that offers just that bit more than others, your choices could come from the Volkswagen stable.
The FIR against Birla that reignited a controversy
It wasn't Kumar Mangalam Birla alone; the Hindalco mine allocation turned the spotlight on the PM and the Odisha CM.
Are banks wrongly branding people as defaulters?
Credit bureaus have become a weapon banks wield even against a consumer who deserves much better.
Modi-Rahul rivalry behind Amul RIFT?
Boardroom disputes have marked the tenure of pretty much every chairman of the co- operative - from its founder Verghese Kurien to Chaudhary's predecessor, Parthi Bhatol.
25 BIGGEST car manufacturers in the world
Let's take a look at countries that are manufacturing most cars in the world.
Why Bangalore, Mumbai are not the best cities to start a firm
India's Silicon Valley Bangalore turns out to be the worst place to start a business in India, according to World Bank survey.
27 days to start a business in India! It's UPA's failure
India has been ranked 134th among 189 countries in the World Bank's Doing Business 2014 report.
Markets break 5-day winning streak; Midcaps outperform
The broader markets outperformed the benchmark indices- E Midcap and Smallcap indices gained by nearly 1% each.
November 04, 2013
The Ambassador gears up for rejuvenation
The company has taken up an ambitious project to introduce a smaller version of the classic car.
iPad Air: Thinner, faster and the best tablet in the market
The device delivers more performance and comparable battery life in an attractive and impossibly thin-and-light package.
Bombay Stock Exchange's IPO may be delayed
IPO-bound market infrastructure institutions like bourses have to ensure that every shareholder is 'fit and proper'.
Where to INVEST in Samvat 2070?
It has been a choppy Samvat 2069 for the global markets.
November 03, 2013
Samvat 2070 off to flying start; Sensex, Nifty end at new highs
The broad-based National Stock Exchange index Nifty rose by 10.15 points
November 01, 2013
Sensex zooms in Samvat 2069; investors richer by Rs 8.19 lakh cr
Investors became richer by Rs 8,19,804 crore in Samvat 2069, aided by a hefty 13.5 per cent gains notched by benchmark Sensex during the Hindu calendar year.
Chidambaram sees current account deficit at $60 billion
He said gold imports in October rose slightly to 23.5 tonnes.
Amul's boardroom battle has a POLITICAL twist
Boardroom battles are nothing new for Amul.
Jobs to vanish from India's gold sector
Gold is the second-biggest item on India's import bill after oil and, facing a record trade deficit and a plunging currency this year, the government imposed stringent rules with the aim of curbing demand for the metal.
Farewell to MCX: From Jignesh Shah to Shah Jahan?
Shah's emotional statement indicates he has bid farewell to MCX; but is he stooping to hit back?
SPECIAL: All about Sachin Tendulkar, the brand
What corporate India can learn about consistency, challenges and teamwork from India's greatest sporting icon.
Sensex @ 21,000: Are you any richer?
With most schemes performing below the index, a few don'ts in the recent rally.
Google unveils NEW Nexus 5 smartphone with 'KitKat'
Google Inc on Thursday unveiled the newest version of its Android smartphone software, aiming to allow more smartphone users access to its evolving menu of online services such as driving directions voice-activated search.
Car sales see moderate rise in October
The company said sales in the compact segment comprising Swift, Estilo, Ritz declined by 1.2 per cent to 22,188 units in October this year as against 22,459 units in the same month in 2012.
COLUMN: Is management responsible for Infosys' setback?
The US legal action is likely to further strengthen public opinion, at a time of high unemployment, against information technology outsourcing -- which is seen to take away jobs from locals.
Mumbai's Dadar station now boasts of an escalator
For lakhs of commuters who take connecting trains at one of the busiest railway stations in the country, this escalator at Dadar station in central Mumbai will ease travel woes.
Economy: No RECOVERY yet in sight
But weak rupee helps India Inc.
The 20 most POWERFUL people in the corporate world
If you exclusively look at business personalities, Ambani ranks 20 and Mittal ranks 28.
iPhone 5S, 5C debut in India today
Imagine, with the price of two handsets of new iPhone 5S, you can buy a Tata Nano car.
Markets end flat after Diwali sparkle
Markets came off their all-time highs in late trades as investors booked profits at higher levels.
Sensex at 21K: 5 reasons why we can't cheer this bull run
Unlike the previous rallies of 2007 and 2009, this time the rise in the market is not supported by a robust economy.
No Diwali glitter for gold; jewellery sales to fall by 60%
Despite demand, gold jewellery sales are likely to decline by up to 60 per cent this festive
October 31, 2013
Petrol price cut by Rs 1.15 per litre
Petrol price cut by Rs 1.15 per litre while diesel rate hiked by Rs 0.50 a litre with effect from midnight on Thursday.
Twitter roadshow: Less exuberance, more 'nuts and bolts'
While Facebook's CEO had shown up in a hooded sweatshirt and sneakers, Twitter's executives were clad in dark suits as they pitched investors over plates of pesto chicken salad and raspberry tart.
Whistleblower to get $8 mn for blowing the lid off Infosys
A former American employee of Infosys, who had brought a whistleblower lawsuit against the IT giant, could receive between $5-8 million of the total $34 million that the Indian company will pay to settle visa fraud allegations.
'Infosys indulged in blatant violation of visa laws'
In a settlement, Infosys agreed to pay $34 million to resolve all allegations.
Mamata Banerjee turns saree designer to revive ailing 'Tantuja'
Bengal's ailing handloom brand 'Tantuja' is all set to get the personal touch of West Bengal Chief Minister Mamata Banerjee who will design the six yard wonder.
Democrats' immigration bill rings alarm bell for Indian firms
The killer provisions are in particular related to the much-sought after H-1B and L-1 visas.
Swiss tax pacts: Can India catch the biggest tax defaulters?
Switzerland finally signed an agreement to exchange information on potential money launderers and tax dodgers last week but neither this nor a modified tax avoidance treaty is likely to help India.
STAR India gets fans on board for Sachin's farewell campaign
The broadcaster will run promotional activities across its entertainment and sports networks in the run-up to the series and roll out special initiatives to make the event larger than life.
Sensex at new closing high; Nifty at 6,300
SBI, Tata Motors, Bharti Airtel, ICICI Bank and Reliance Industries among top gainers.
Don't escape turbulence, face it, say biz leaders
Chief executives at the global CEOS' meet proposed diverse solutions to deal with today's complex world.
Coal fire: 3 Tata Group firms under CAG spotlight
More than a year after the Comptroller and Auditor General of India (CAG) tabled the coal block allocation report in Parliament, indicting the government for a notional loss of Rs 1.86 lakh crore while allocating coal blocks, the Central Bureau of Investigation (CBI) has filed 14 First Information Reports (FIRs) against private sector companies, and more are in the offing.
How to safely stop your car when brakes FAIL!
The first thing you should know in this situation is - don't panic!
Where does India rank in global prosperity? Find out...
Let's take a look at some of the most prosperous countries in the world.
Motorola Ara: Make your own phone like you assemble a computer
The company wants to create a free, open and standardised platform to let people pick and choose the components they want in their phones.
10 companies that CONTROL the internet
These internet giants get the maximum number of visitors on their websites.
Global trust in Indian MNCs declining
Even as Indian companies continue to expand their global footprint, a study has revealed that the trust of advanced economies in indigenous firms of the country has declined steeply.
Turkey opens world's first UNDERWATER rail link
Turkey opened the world's first underwater rail link between two continents on Tuesday, connecting Asia and Europe and allowing Prime Minister Tayyip Erdogan to realise a project dreamt up by Ottoman sultans more than a century ago.
October 30, 2013
'Dreamliner never put the lives of passengers at risk'
The makers of the 787 Dreamliner aircraft, Boeing, on Wednesday expressed concern over recurring glitches on the plane while at the same time insisting that it was a machine which had never caused issues with the safety of passengers.
Google takes secrecy to new heights with its mystery boat
The company has made US government officials to sign confidentiality agreements.
LG launches G Pro Lite phablet in India at Rs 22,990
The LG G Pro Lite comes with dual-SIM support, a dedicated hot key and a stylus pen. It features a 5.5-inch IPS display.
Insight: How consumers plan to spend their money this Diwali
Consumers plan to spend most on clothes and fireworks this Diwali according to a survey. The second biggest spending will be on gifts.
Volkswagen unveils NEW Jetta at Rs 13.70 lakh
German car maker Volkswagen on Wednesday launched an upgraded version of premium sedan Jetta in India, priced in the range of Rs 13.70-19.43 lakh (ex-showroom
Rich farmers are helping India Inc mint money
An extraordinarily good monsoon has left farmers with extra money in their pockets.
Don't want to tell banks what they ought to be doing: Rajan
He doesn't expect banks to raise interest rates, as they'd not reduced these after the policy rate cuts in May and March.
Controversial deal to redevelop Jaipur lake before apex court
The dispute over the way in which the Rajasthan government is seeking to re-develop Jaipur's historic Mansagar lake and its environs, may come up before the Supreme Court today, report .
Cartels may be keeping domestic gold prices high
The metal meant for exports is being sold to third parties at a premiums adding pressure on domestic market.
How India can reduce poverty drastically
Policymakers need to work towards raising the median household income rather than per capita income.
Rate hike to dampen housing demand in festival season
Real estate companies expressed disappointment over the RBI's decision to hike the
Sensex closes at record high of 21,034
The E Sensex rose on Wednesday to mark a record close as telecom firms such as Bharti Airtel surged on better-than-expected operating performance, while continued strong foreign flows also boosted sentiment.
Auto buyers cut urge, choose dim Diwali
Vehicle sales in domestic market down 10.9% y-o-y till October 29
25 countries where women get the BEST deal
Let's take a look at countries where women get a comparatively fair deal.
The rich list: Twitter IPO will make a few multi-millionaires
Twitter is preparing to sell 70 million shares to the public in an IPO that will value the company at $10.9 billion.
World's best countries to do business, India SLIPS to 134
India has slipped three positions to 134th spot in the latest ease-of-doing business
No hit from order to give up KG-D6 discoveries, says RIL
The entry of a new developer through competitive bidding would delay the development of discoveries by at least 10 years.
10 most hi-tech cars in the world
The world of auto is changing. Best cars are no longer about having top notch mechanics under the hood.
It is a dead-end for India's services-led growth
Resumption of rapid GDP expansion requires accelerated growth of the production and export of manufactures.
October 29, 2013
BSE: Top gainers and losers
At close, the Sensex ended up 359 points at 20,929 and the Nifty ended up 120 points at 6,221.
Bad times erode $50 mn from Vijay Mallya's fortune
His position in India's 100 richest list by is 11 places down to 84th.
'Convertibles' could replace IPO safety net
After unfavourable response to the safety net, Sebi considers instruments with an option of conversion into equity.
India rich club: Business families' fortune is worth $55 bn!
While Forbes magazine's India Rich List remains dominated by individual business leaders, those making the mark along with their family members are also quite a few and also include three in the top 10 -- Hinduja Brothers (6th place), Adi Godrej & family (8th position) and Sunil Mittal & family (10th).
Small investors to get inflation-linked savings scheme soon
RBI wants to introduce these as an alternative to gold.
Why this Diwali will be grim for your next door retailer
Small shops, making up bulk of Rs 31 lakh-crore retail industry, sees dip in sales.
India's 100 richest includes only five women
Out of the five women, only two are ranked in the top 50, with the highest ranked being Jindal Group's Savitri Jindal at 14th place ($4.9 billion).
Why big brokers shun small retail
Most big brokers with large nationwide networks operate through the franchise model, in which most fixed overheads are borne by the franchisee.
Govt could ban official use of gmail, yahoo by year-end
The Department of Electronics and Information Technology is drafting a policy on e-mail usage for government offices and departments and the policy is almost ready.
One idea Samsung could safely COPY from Apple
With reserves accumulating fast, it can afford to mimic Apple by giving more to investors.
Why fresh IT graduates may not get jobs
TCS, which recently raised its hiring forecast, is considering the off-campus route for FY14.
Allow Roy to go abroad, Sahara pleads to SC
Holding that it was playing 'hide and seek' and cannot be trusted any more, the apex court on Monday directed the Sahara Group to hand over title deeds of its properties worth Rs 20,000 crore to Securities and Exchange Board of India warning that failure to comply would mean Subrata Roy cannot leave India.
Experts cheer as RBI fulfils market expectations
The RBI policy has certainly become more transparent as it has fulfilled market expectations of 25 bps hike in repo and 25 bps cut in MSF.
Selling MFs, stocks? Keep costs in mind
There will be STT and a tax on short-term equity sales, plus an exit load for mutual funds.
EMIs likely to go up as RBI raises repo rate by 25 bps
India's central bank raised its policy interest rate for the second time in as many months on Tuesday, warning that inflation is likely to remain elevated for the rest of the fiscal year, and rolled back an emergency measure put in place to support the slumping rupee.
Will oil get cheaper in India? No way!
India's overwhelming dependence on imported energy will remain a significant weakness.
Reserve Bank expects trade deficit to moderate in Q2
Despite a higher CAD in the first quarter, capital inflows were broadly adequate to finance the current account gap, requiring only a marginal drawdown of foreign exchange reserves.
RADIA Tremor: How Unitech got entangled in the tapes
With the managing director out on bail & being questioned in relation to the 2G spectrum scam, the company is still not out of the mess.
Here's proof that Gujarat has flourished under Narendra Modi
The data shows that the state has reduced poverty and malnutrition, sex ratio has improved and the quality of education is improving.
RBI expected to raise interest rates, roll back rupee support
In its quarterly macroeconomic review on Monday, the central bank said it expects inflation to remain near current elevated levels for the remainder of the fiscal year that ends in March.
Indices gallop to its highest level in 2013
Sensex gained 359 points to close at 20,929 and the Nifty added 120 points to end at 6,221.
Minister voices concern on US immigration bill
According to government statistics, Indian IT firms support 280,000 jobs in the US and have contributed about $15 billion to the US Treasury in the past five years.
Diesel price may be HIKED by Rs 4-5/litre
Diesel prices should be immediately hiked by Rs 4-5 per litre, the Kirit Parikh
Jet Airways bets on business class again
Increases seats in the premium segment, scraps loss-making domestic flights
World's 'largest' international airport opens for passengers
Dubai officially launched passenger services at its new Al Maktoum International airport on Sunday after a delay of nearly four years, with three airlines agreeing to operate from the facility for now.
25 countries that will see biggest job changes in 10 years
Let's take a look at nations that will see biggest employment changes in 10 years.
Five banks slapped with biggest fines in the world
Let's take a look at five banks that have been slapped with biggest fines related to mortgage activities in the United States.
Hyundai Grand i10: The best hatch in the market today?
The Hyundai Grand i10 re-writes the rules of the hatchback segment by offering terrific value.
October 28, 2013
Modi's development model is pro corporate: Medha Patkar
Noted social activist Medha Patkar on Monday termed Gujarat Chief Minister Narendra Modi's model of development as a "corporate model" where poor people have lost their land to big corporate houses.
Samsung launches dual screen flip phone for Rs 51,900
Korean electronics major Samsung on Monday launched a golden coloured dual screen flip smartphone under its Galaxy series for Rs 51,900.
BSE: Top losers and gainers
The 30-share Sensex ended down 113 points at 20,570 and the 50-share Nifty closed 44 points lower at 6,101.
Selection of land in Singur was wrong: Bengal minister
The erstwhile Left Front government had earmarked 1000 acres at Singur for the Nano car plant but the acquisition of the multi-crop land from unwilling farmers was one of the reasons for its poll debacle after a long stint of 34 years in power.
SPECIAL: Nanny apps for tiny tots
There are many apps that can help organise your routine and entertain toddlers, while teaching a thing or two; there are apps that can track your children when you are not around.
Sony Smart Watch 2: Is it worth buying?
At best, this is a good notification device that can be called as a smart pager.
Jousting over Jaipur's jewel
A legal tussle is currently on between a civil society group led by a professor, ostensibly working to further public interest, on the one hand, and the state government and an influential but controversial real estate developer, on the other. The dispute, which is over the way in which the Rajasthan government is seeking to re-develop Jaipur's historic Mansagar lake and its environs, is expected to be resolved soon by the Supreme Court.
Tablet market still small but growing rapidly
Samsung still reigns supreme, though its value share of the market fell marginally from over 63 per cent in January to 62 per cent in May.
Maserati Quattroporte: The best of Italian luxury on wheels
The limited edition Maserati Quattroporte's interiors bear the Ermenegildo Zegna imprint.
Aqua i7: A good alternative to most 5-inch smartphones
Intex's most expensive phone ticks quite a few boxes and makes a good impression.
Odisha govt strongly favoured Hindalco for coal blocks: PM
The chief minister of Odisha had reiterated this position assigning topmost priority to the allocation of Talabira-II in favour of Hindalco.
How to make rural India job-ready
At Head Held High, trainees begin with the basics -- the English alphabet.
Toyota beats GM to remain world's BEST selling carmaker
Toyota Motor Corp is likely to have retained its position as the world's best-selling carmaker for the first nine months of the year, beating rivals General Motors Co and Volkswagen AG, company figures showed on Monday.
LG unveils CURVED smartphone in race against Samsung
South Korea's LG Electronics Inc unveiled a curved smartphone on Monday in a move to catch up bigger rival Samsung Electronics Co.
Why you should CHOOSE silver OVER gold this Diwali
Given prices of the latter are at an all-time high, it makes sense to opt for cheaper precious metals.
How Micromax goes for the kill
By roping in a Hollywood A-lister, the home-grown mobile handset maker hopes to get three things: bragging rights, a larger global footprint and a new set of customers in the domestic market.
Biz vs politics: Are corporate honchos victimised in India?
A growing number of businessmen find themselves under the lens.
Sensex sheds over 100 points, RBI policy eyed
Markets ended lower on Monday as investors turned cautious and booked profits ahead of the RBI monetary policy.
Why RCom finds itself in the dock
Company says it has been the victim of a 'mischievous' campaign by rivals.
India among 25 countries where many go to bed hungry
Let's take a look at some countries, including India, that have highest number of people going hungry.
20 companies spending most on R&D in the world
Let's take a look at companies that spend most on R&D in the world.
Your private data may be online, courtesy govt
Some depts have posted bank account & income details on net for transparency; experts cry privacy breach
October 26, 2013
Why inflation will remain HIGH in India
Changing aspirations and strong rural demand could explain why core inflation may not decline fast enough.
October 25, 2013
Radia tapes leaked due to corporate rivalry:Tata to SC
Ratan Tata on Friday told the Supreme Court that the tapped telephonic conversations between corporate lobbyist Niira Radia and top politicians, bureaucrats and businessmen, including himself, were leaked to the media because of corporate rivalry.
Would be very happy to see Air India privatised: Tata
Tata was speaking to reporters after he, along with Singapore Airlines CEO Goh Choon Phong and Tata-SIA Airlines Chairman Prasad Menon, met the minister.
What the BlackBerry Z30 has in store for you
At Rs 39,990, the phablet is a decent offering, cheaper than many flagship Android phablets.
Deutsche Bank sees Sensex at a record 22,000 by Dec end!
The Sensex hit an all-time high of 21,206.77 on January 1, 2008, while during intra-day on Thursday, it had scaled 21,039.42.
Micromax launches its best phone Canvas Turbo for Rs 19,990
The device comes with a 5-inch full HD screen and is powered by 1.5 GHz quad core processor.
India is one of the 5 fragile economies: US official
Identifying India as one of the five fragile economies of the world, Chief Economist at the Institute for International Finance, has predicted an uncertain outlook for its future in view of the next year's general elections.
Now, open a bank account through Aadhaar without paperwork
The Unique Identification Authority of India (UIDAI) has enabled a feature that would allow anyone with an Aadhaar number to open a bank account, without any paperwork.
Tata Indigo eCS CNG variant to hit the road in Nov
The car gives a mileage of 24 km per kg of CNG.
Infosys revamps Executive Council, adds 12 members
Infosys, the country's second largest information technology services company, expanded its Executive Council (EC) on Thursday, with the induction of 12 new members.
SPECIAL: India eyes $15-bn rollover of subsidy costs into next budget
Chidambaram insists that the fiscal deficit target of 4.8 per cent of gross domestic product for the year to March 31, 2014, is a red line that will not be breached.
Markets end in red for fourth straight session
The gains in IT majors were negated by losses in heavyweights like L&T, ITC, HUL and M&M.
10 economies that have most educated workforce in the world
Let's take a look at countries that have highest percentage of students graduating from college.
Maruti developing a premium hatch; to compete with i20, Jazz
The company plans to launch it in 2015-16 in India.
25 best-paying companies for software engineers
The well-known names such as Google, Apple, and Facebook do not feature in the top three companies!
Meet the richest Indians, Mukesh Ambani is No 1
Reliance Industries Chairman Mukesh Ambani retains the title of India's richest man with personal assets of $18.9 billion.
October 24, 2013
BlackBerry unveils Z30 in India at Rs 39,990
In a fresh bid to check its falling market share, smartphone maker BlackBerry on Thursday unveiled premium flagship offering Z30 featuring its latest operating system 10.2 version in India priced at Rs 39,990.
BSE: Top losers and gainers
The 30-share Sensex ended at 20,725 down by 42 points after topping the 21,000 mark while the 50-share Nifty ended down 14 points at 6,164 after hitting a high of 6,252 during the day.
Chevrolet Cruze facelift hits Indian roads; costs Rs 13.75 lakh
The visually different car now gets a redesigned grille, an all-new front bumper, and more.
20 years of Coca-Cola: A roller-coaster journey in India
Coca-Cola's journey in India mirrors the country's growth, rising consumption and a vibrant middle class.
FIPB clears Tata-Singapore Airlines JV
JV will set up a full-service carrier based out of New Delhi.
To boost India's growth PM seeks China's co-operation
Singh highlighted eight specific areas for cooperation between India and China.
20 exclusive property hot spots of the super rich
Top destinations where the wealthy are rushing to buy vacation homes.
20 most transparent companies; Tata Communications tops
Let's take a look at some of the most open companies. How Wipro plans to build leadership, perform better
T K Kurien, chief executive officer of Wipro says the first milestone's been achieved and a complete turnaround would happen when there is consistency in growth.
SPECIAL: Post Etihad deal, Jet signals shift in flight plan
Jet will require short-haul Boeing 737s to feed the traffic to Abu Dhabi, Etihad's home base and hub.
Why Reliance Power was high on Niira Radia's agenda
Niira Radia had said friends in high places enabled favourable EGoM decision on Sasan coal diversion, a charge staunchly denied by Reliance Power.
Market does hat trick of weak endings
It was a third consecutive day of equity market closing in red this week after a stellar rally seen earlier.
10 CEOs who received highest pay package
Let's take a look at 10 highest paid CEOs in the United States.
The man behind Honda's SUCCESS in India
Unlike many business heads, Hironori Kanayama is surprisingly optimistic about the latent potential of the Indian market and predicts that a turnaround is imminent.
Stunning SUPERJUMBO A-380s may fly to India
In one step forward, the Civil Aviation Ministry on Wednesday met for the first time to decide on allowing the Airbus A-380s to operate at some airports, years after some major foreign carriers sought the right to fly these superjumbos to India.
October 23, 2013
Jignesh Shah lives to fight another day
Financial Technologies India Ltd (FTIL) promoter Jignesh Shah, whose 'fit-and-proper' status to run an exchange has been under regulatory scrutiny following the Rs 5,600-crore payment fraud at NSEL, on Tuesday decided to continue as a director of group firm Multi Commodity Exchange (MCX).
How India can become a technology leader
There is a big hole in India's electronics manufacturing capabilities, one that does not fit in well with the notion of a large economy with matching technology muscles, says Subir Roy.
India's third biggest gold fund reopens to investors
The government and the central bank launched a series of measures this year to curb the country's appetite for gold as India battled a ballooning trade deficit and a weak currency.
Volvo launches new S60 saloon, XC60 crossover
Can Volvo take advantage of the festive season with the launch of its refreshed cars that rival Audi A4 and Q3?
Insurance cover coming for online fraud
NPCI calls bids to cover all e-payment transactions where consumer followed procedure; both state and private insurers show interest.
Sivakasi cracker industry looks for a SPARKLE
The fireworks industry of Sivakasi has been hit by restrictive explosives laws and growing Chinese domination of the sector.
Is Hyundai Grand i10 a better car than Maruti Swift? Find out...
Hyundai's Grand i10 is a direct challenge to the Swift in the premium compact segment. Is it capable of dislodging the long-reigning Maruti Suzuki car from the top perch?
Fleeing multinationals mean India needs hot money
The high-profile departures have their roots in red tape and business-unfriendly policies.
India's IT sector back on track, TCS leads
India's Rs 6 lakh crore-plus information technology (IT) industry is back on its high-growth path - led by Tata Consultancy Services (TCS), which is ahead of other large firms in top-line numbers for the second quarter.
Sensex down 97 points, IT weighs
Infosys, Wipro and TCS were down 0.5-4.5% contributing the most to the losses.
Apple unveils THINNER iPads, faster Mac computers
Apple Inc on Tuesday offered free upgrades for life on its operating system and business software, and unveiled thinner iPads and faster Mac computers ahead of a competitive holiday shopping season.
India's 21 BEST cities for business, Bangalore tops
Bangalore scores in terms of schools and colleges, ability to attract infrastructure, office space availability and city culture.
October 22, 2013
Samsung unveils NEW Galaxy Note 10.1 in India
Korean electronics major Samsung on Tuesday unveiled the Galaxy Note 10.1 tablet (2014 edition) in India with enhanced privacy and security protection provided by Samsung KNOX.
BSE: Top losers and gainers
The 30-share BSE Sensex closed at 20,865 down almost 29 points or 0.1% while the broader 50-share Nifty index closed at 6203 down 2 points.
Credit growth will be satisfactory for the whole year: Chidambaram
Many PSU banks had recently cut interest rate on loans for two-wheelers and consumer durables.
Wipro's net jumps 28% to Rs 1,932.1 crore
Wipro consolidated net profit up 20 per cent at Rs
Nokia launches Lumia tablet, joins large-screen phone race
The Lumia 2520 tablet, along with its Lumia 1520 and 1320 phablets, are among the last products the Finnish company developed before deciding to sell its handset business to Microsoft.
SPECIAL: Amid losses, Tata Tele scrambles for a saviour
After a complete wipe-out of net worth, the company is looking for strategies to stay afloat. Either a competitor could take it over or it could merge with others.
7 coolest futuristic gadgets from Japan's biggest tech show
Here's a peek into the future of auto and consumer electronics.
Should Aadhaar be made mandatory?
The concept of Aadhaar (the Hindi word for basis or foundation) has evolved since it was introduced in 2009.
India welcomes Chinese investment: PM
In a written interview with Chinese media based in Delhi, Singh said India faces an unsustainable imbalance in its trade with China and one of the ways of overcoming the trade deficit is for India to attract larger flows of foreign direct investment from China.
BlackBerry resumes BBM rollout for rival phones
In September, BlackBerry had paused the global rollout of its instant messaging service BBM on rival phones, blaming the delay on issues caused by an unreleased old version of BBM (BlackBerry Messenger).
Why Indians will struggle to buy GOLD this Diwali
At India's largest bullion dealer turnover has dropped to 20-30 kg a day from about 300 kg.
20 BEST phones to gift this festive season
The festival season is just around the corner and so are the discounts and sales. If you want to gift your loved ones a phone this year, we bring devices that fit all budgets.
Mobile telephony becomes a three-horse game
Market share of Airtel, Vodafone & Idea rises to 70% from 60% in 2010 and 50% in 2008.
How the govt can ensure a house for EVERY Indian
While private sector initiatives in low-income housing sector are burgeoning, further growth requires some government subsidies, writes
Broader market steals the show; key indices end flat
Market now awaits US jobs data for further direction on US Fed's stance on its QE.
Indices near NEW peak but LOSE premium tag
Equities shed superior valuations vis-à-vis most emerging markets
Mercedes M-Class: The M is for masculine, majestic, matchless
The macho-looking SUV boasts of excellent comfort.
Millionaire boom: Which countries are getting RICHER?
Global wealth has more than doubled since 2000, reaching a new all-time high of $241 trillion, find the 2013 Credit Suisse Wealth Report.
October 21, 2013
BSE: Top gainers and losers
The 30-share Sensex ended up 11 points at 20,894 and the 50-share Nifty closed 16 points higher at 6,205.
Fighting corruption? India Inc shows the way
If viewed rationally, the report should, thus, somewhat defuse the panic around "unique levels" of corruption in India, revealing that the country and its private sector have relatively robust processes in place, allowing for the eventual revelation of corrupt practices.
Revealed! 5 cars Honda plans to launch in India
After the success of Amaze, Honda managed to be the third largest auto maker in the country. Here's how the company plans to keep the momentum going.
Toyota launches limited edition Fortuner for Rs 24.3 lakh
Designed by Toyota Racing Development, the limited edition will be available in the 4x4 MT variant of the Fortuner, the company said in a statement.
New peak awaits Sensex amid unabated FII flows
If the Sensex manages to make fresh closing highs, traders would look forward to the index breaching its highest level of 21,206.77.
How much freedom Indians have on the Internet?
Let's take a look at Internet freedom across the world, including India.
15 amazing Google projects that FAILED!
Success of Google is built on its failures and learning from projects that seemed revolutionary initially but were discontinued.
Know the tax benefits of house rent
Rent paid to one's wife is eligible for exemption if property, home loan are in her name.
Markets end flat, L&T soars 6%
Markets ended flat amid a volatile trading session on Monday led by engineering major Larsen & Toubro.
$5-trillion a day forex market under lens
The manipulation is suspected to have spread across the world.
Want to save money for jewellery? Invest in gold ETFs
Regular investment in gold-linked financial instruments will safeguard against price fluctuation and do away with storage cost.
Here's how to stay away from loan defaults!
Often loan defaults occur when one takes on too many debts simultaneously and then find it difficult to manage.
10 brands Indians love the most, SAMSUNG tops
Technology companies dominate India's most attractive brands.
October 20, 2013
4 Indians among Fortune's top 50 women business leaders
Fortune said the list has been compiled broadly on the basis of four criteria
Sensex may touch 21,000 level by Diwali: Experts
Foreign institutional investors have poured in nearly $1.12 billion in the Indian markets.
October 19, 2013
5 things the finance minister can do with 1,000 tonnes of GOLD!
The good samaritan Sadhu is just what the Finance Minister had prayed for.
October 18, 2013
Birla denies allegations of corruption, meets Chidambaram
Kumar Mangalam Birla on Friday says he hasn't done any wrong and is not worried about CBI case against him in coal block allocation.
BSE: Top Gainers and Losers
The 30-share BSE Sensex surged a whopping 2% or 467 points at 20,882 levels while the broader Nifty index ended at 6,189 levels up over 2% or 143 points from its previous close.
20 stunning bridges that have transformed India's infrastructure
India has an impressive network of bridges across the country.
X-Men star Hugh Jackman is the new face of Micromax
Roping in a Hollywood star means the company will be expanding its international footprints.
China has done it again! GDP grows at 7.8%
China's economy grew 7.8 percent in the third quarter, its fastest pace this year and in line with expectations, as firmer foreign and domestic demand lifted factory production and retail sales.
SPECIAL: Is Haldia Mamata's Nano moment?
Last year, HPL posted losses of around Rs 960 crore (Rs 9.6 billion) on revenues of Rs 8,662 crore (Rs 86.62 billion).
Market ends at 3-year high; Bank, metal stocks lead
Buying in index heavyweights along with surge in banking counters lead the surge.
Why India must clear the sky for airlines flying abroad
India must do away a pointless policy that mandates that a domestic airline must have been in operation for five years and have 20 aircraft before flying.
Gone are the days of 8% growth in India: Moody's
The Indian economy has bottomed out and the recovery is on the anvil although the days of 8 per cent growth are "gone", Moody's Analytics said.
Mahindra launches Xylo D2 MAXX at Rs 7.12 lakh
The variant is is aimed at fleet and travel operators thanks to its seating capacity for nine people.
Two India-born executives among the highest paid men
Technology companies such as Google, Apple and Oracle pay senior staff more money than the CEOs in best of the companies.
Investors get richer, wealth surges over Rs 10,00,00,00,000
Investors on Friday became richer by over Rs 1 lakh crore, with benchmark Sensex witnessing 460-point rally amid easing concerns over the US tapering.
Nissan unveils refreshed Evalia; starts at Rs 8.78 lakh
The car gives a fuel efficiency of 19.3kmpl.
America's economic woes are far from over
After 16 increasingly frantic days that tried the faith of the financial markets in the United States' institutional soundness, the US Congress has finally agreed on a deal that would postpone a showdown on federal government spending and borrowing for a while.
Modi alone can't wipe out corruption in India: Rajan
Raghuram Rajan, Governor of the Reserve Bank of India, has scoffed at the contention that BJP's Prime Ministerial nominee, Gujarat Chief Minister Narendra Modi will be the knight in shining armour who will root out corruption in India.
SPECIAL: Why is Flipkart raising so much money
The company has notched up a total of $540 million in funds over the last six years, $360 million of which has flowed in two tranches this year itself.
I am independent, don't fear being fired: Rajan
Raghuram Rajan says he's not beholden to the Finance Ministry nor does he go around with the fear of being fired.
COLUMN: What actually saved the rupee?
An upward climb of the rupee has been maintained since Dr Raghuram Rajan's appointment, helped by his policy announcements and actions. But was this the whole story?
October 17, 2013
Mumbai police arrest former NSEL head Anjani Sinha
The Economic Offences Wing of Mumbai Police on arrested former managing director and chief executive of the beleaguered National Spot Exchange (NSEL) Anjani Sinha.
ED finds no violation of FDI guidelines by Walmart
The Enforcement Directorate, which probed the alleged contravention of foreign exchange laws by Walmart in its investments in domestic supermarket chain
Samsung launches two smartphones priced under Rs 8,500
Intensifying competition in the mid-segment smartphone market, Samsung India today launched two devices under its Galaxy series, priced at Rs 6,750 and Rs 8,290.
MODI's mantra for building modern cities
Gujarat Chief Minister Narendra Modi on Thursday said that instead of viewing urbanisation as a challenge it should be converted into an opportunity.
Kejriwal sweeps hurdles, Modi runs to power on Android
These games are not party's initiative but of their supporters, followers.
Indian companies are LESS corrupt than the Chinese: Survey
While Indian firms performed the best in fighting corruption, Transparency International has slammed Chinese companies for their opaque business practices.
Even billionaires would be 'poor' in these countries
Let's take a look at 25 nations that have experienced hyperinflation.
Indian cities where the super rich live; Mumbai TOPS
Despite the slowdown, India's population of rich is growing. The country saw 120 more individuals join the exclusive club.
Sensex ends on a negative note, IT major loser
The 30-share Sensex scrapped 132 points or 0.6% to end at 20,416 levels while the broader 50-share Nifty ended at 6,046 levels down by 43 points or 0.7%.
Can Tech Mahindra become an IT giant?
After lagging behind peers for years, the company changes tack to achieve ambitious revenue target of $5 billion in two years.
No takers for iPhone 5C? Apple cuts Q4 orders
Apple Inc has told manufacturers of its new iPhone 5C that it will cut orders of the smartphone for the final three months of the year.
Indian companies under fire for VIOLATING laws
Besides Birla, a number of top industrial houses in the country are facing some probe or the other, ranging from bribery to illegal mining to insider trading.
Obama signs bill to end shutdown
US President Barack Obama early this morning signed a bill into law to end a disruptive 16-day government shutdown and increase the current debt ceiling of $16.7 trillion to prevent the country from a debt default with potentially worldwide economic repercussions.
October 16, 2013
Games over! Swiss banks agree to share account details
Heralding an end to its banking secrecy wall, Switzerland will now share bank account
Puja brings cheer to companies and people
Despite slowdown, corporates are investing heavily in advertisements not just in Kolkata but also in other metros.
Phailin takes a toll on industries in Ganjam
Loss of Odisha Sands Complex is estimated at about Rs 100-crore.
Once again, TCS steals a march over Infosys
TCS posts one of the highest volume growth and best margin performance.
Nobody knows when the US shutdown will end
Less than 50 hours left before the US has any money to pay its bill, a gloomy picture of default looms over the horizon of US history.
UPA vs NDA: Who helped Indian economy the most?
While UPA has been more pro-farmer, and delivered better GDP growth while the NDA was steadier on the fiscal and industrial side.
SPECIAL: World stares at doubling of food prices by 2030
That the world is headed for rising food prices as demand outpaces supply, causing growing levels of hunger, is a given.
Rajan confident, economy will pick up by end-2013
With a bountiful harvest and stalled infrastructure projects starting, India growth story is intact.
Over 30% Indian tourists are Gujaratis: Tourism ministry
Experts believe the slowdown or the rupee depreciation has not been able to kill the spirit of the Gujarati traveller.
What makes customers in India splurge
Consumer spending and the sentiment that guides it are the key to the growth of any market economy.
Sebi's gift to staff: Paternity, child care leave
In a first of its kind pro-staff initiatives at a regulatory body, Sebi has introduced
October 15, 2013
BSE: Top losers and gainers
The 30-share Sensex declined 59.92 points to end at 20,547.62 and the 50-share Nifty was down 23.65 points at 6,089.05 levels.
TCS Q2 net zooms to Rs 4,702 crore
Tata Consultancy Services, India's largest provider of information technology services, said quarterly profit rose 34 percent, beating analyst estimates, as the industry benefited from a record haul of new contracts.
Dreamliner flight can be nightmarish! Panel falls off AI flight
A large panel on the belly of a Bangalore-bound Dreamliner of Air India fell off mid-air,
Will small town Uran transform into 'third' Mumbai?
There is talk of changing the small town of Uran into Mumbai's new satellite, but according to realty experts, it is too early to think of investing in the area.
Stunning Sony Xperia Z1 set to IMPRESS you!
For the last one year or so, Sony has been consistently delivering mobile handsets that make you sit up and take notice.
Phailin unlikely to bleed insurance companies
Losses to be well below Rs 100 crore, say insurers.
10 companies that have announced most job CUTS
Let's have a look at companies that have laid off most employees.
5 reasons why TCS outperformed Infy in Q2
Market experts believe TCS to post better quarterly earnings vis-a-vis Infosys.
Taking a home loan? Here are a few tips!
You must remember to choose the right home loan if you do not want to face the hassles in the process.
SPECIAL: Is it the closing bell for Jignesh Shah?
Jignesh Shah, the outsider intent on crashing the party, is in danger of losing his empire.
Coal scam: CBI registers case against Kumar Mangalam Birla
The Central Bureau of Investigation on Tuesday registered a fresh case against Kumar Mangalam Birla in coal allocation scam.
Markets end lower on growth woes, financials drop
The broader markets ended lower with mid-caps and small-caps falling over 1 per cent on the E.
Odisha loses Rs 2,300 crore worth of crops to Phailin
Cyclone Phailin, which made a landfall on the southern coast of Odisha at around 8:30 pm on Saturday at a windspeed of 200 km an hour, affected a cultivable area of 0.5 million hectares and damaged 80 per cent of the power transmission infrastructure in the coastal areas.
India still lags behind China, Pakistan on hunger index
The number of hungry people has dropped in India with its score on the Global Hunger Index improving to 63rd position in 2013, but the country still lags behind China, Pakistan, Bangladesh and Sri Lanka.
How much will the iPhone 5c, iPhone 5s cost in India?
Leading telecom operators Bharti Airtel and Reliance Communications will start selling Apple's iPhone 5s and iPhone 5c smartphones from November 1.
Battle of the luxury hatchbacks: BMW, Merc, Audi FIGHT it out
Three luxury compact cars from BMW, Mercedes-Benz and Audi now run on Indian roads. Choosing the best of the trio is no easy task.
Most ICONIC buildings in the world
Buildings define cities, culture and at times economic prosperity.
October 14, 2013
BSE: Top gainers and losers
The 30-share Sensex ended up 79 points at 20,608 and the 50-share Nifty gained 17 points to close at 6,113.
Reliance profit up 1.5%, turnover tops Rs 1 lakh crore
Reliance Industries on Monday reported Q2 net profit at Rs 5,490 crore from Rs 5,409 crore a year earlier.
More bad news for the Indian economy
The ongoing economic slowdown seems to have weighed down on the confidence of India Inc.
3 Americans win Nobel prize for economics
Three American scientists won the 2013 economics Nobel prize on Monday for research that has improved the forecasting of asset prices in the long term and helped the emergence of index funds in stock markets, the award-giving body said.
VW Vento TSI: Can it take on Honda City, Hyundai Verna?
The German carmaker will not introduce all-new models in 2013. Plans to launch such variants too keep sales going.
COLUMN: Changing the climate of India-US strategic ties
Under the radar, Manmohan Singh and Barack Obama made a great deal of progress in resolving outstanding bilateral issues around climate change.
My work is medicine, says head of 7,248-crore Havells group
The consumer is very conscious of quality, says Qimat Rai Gupta.
Sachin's farewell series: A 10-sec ad to fetch Rs 80K!
The average attendance at Test matches has dwindled over the past few years but BCCI expects a full house in Sachin's last two test matches, against the West Indies.
How Google plans to predict the future; reverse ageing
Google is taking new steps to change the future with its projects that look right out of a science fiction novel.
Kindle Fire HDX: An affordable tablet with great features
Amazon's new 7-inch Kindle Fire HDX tablet packs a punch to keep users hooked to it.
Idea closing in on bigger rivals
Market worth has risen to half that of Airtel and double that of RCom.
Mumbai's Rs 60,000 crore transport projects stuck in red tape
Transport projects worth Rs 60,000 crore are languishing due to red tape, while the city continues to struggle against bottlenecks created by many of them.
Are the new iPhone 5c, iPhone 5s worth the price?
. While Samsung has managed to shake Apple with its big-screen smartphones priced competitively, many still pledge their allegiance to Apple.
Who KILLED Air India? An insider reveals the facts
Year after year, the people in charge and the airline's multiple stakeholders spoke about the need to transform the national carrier into a premier airline. But their plans, instead of taking Air India to the promised heights, brought it down.
Mobile TV catching up with Indian users
Vendors in India shipped 9.3 million smartphones in the second quarter of 2013 against 3.5 million in the same period of 2012.
Markets end tad higher led by IT
Markets ended marginally higher, amid a volatile trading session on Monday, led by IT majors.
Why the Indian economy continues to sink
Economic data in coming days will likely offer further evidence of weak growth and high inflation, complicating the Reserve Bank of India's mission of cooling prices without worsening the slowdown and adding to the government's difficulties as it heads into an election season.
PHOTOS: Do Indians spend most hours on leisure? Find out...
Let's take a look at how much time people spend on leisure in some countries, including India.
IMAGES: 25 countries that will see positive or negative growth
Let's take a look at some countries that will see positive or negative economic growth next year.
Inflation accelerates to 6.46% in September
Wholesale prices, India's main inflation measure, had risen 6.1 per cent in August.
Mercedes gets its mojo back
After six years of indifferent performance, it sold more cars than market leader Audi in the July-September quarter.
Rifts between Indian firms, foreign partners increase
Foreign companies no longer need Indian firms to help them run operations in the country.
Economic recovery? It's only ELUSIVE!
Looking at specific industries, the imbalance that has been visible over the past several months persists.
October 12, 2013
Who's to be blamed for Air India's plight?
There had been sufficient warnings on Air India's state but the government failed to take action, former executive director Jitender Bhargava said.
Murthy makes presence felt in Infosys results
Infosys on Friday posted healthy growth in earnings for July-September 2013, and raised the lower end of its FY14 revenue guidance, indicating the company had regained its momentum.
October 11, 2013
Infosys' refocus on big-ticket contracts starts to pay off
Infosys Ltd's refocus on big-ticket contracts since the return of its founder has begun to pay off as India's No. 2 software services exporter crossed $2 billion in quarterly sales for the first time and pushed up its revenue outlook.
Will Rohan Murty get a bigger role in Infosys?
Rohan Murty, Infosys co-founder NR Narayana Murthy's son, is working as an executive assistant to his father, CEO and Managing Director SD Shibulal said on Friday, addressing concerns about his role.
Jewellers may soon offer higher interest on gold deposits
The biggest bullion-importing bank in India plans to team up with jewellers for the first time to offer a gold deposit scheme, hoping ease of access and attractive interest rates will tempt people to part with their jewellery and relieve tight supplies.
You may have to shell out MORE for gold despite the price drop
Gold premiums in India, the world's biggest buyer of the metal, jumped sharply this week as the festive season began, driving up demand, and supply remained tight.
Nissan launches GORGEOUS Terrano SUV at Rs 9.58 lakh
Garners 6,000 bookings on pre-launch and now has a two-month waiting period.
Further HIKE in Rajdhani, Shatabdi and Duronto fares
Close on the heels of a fresh rise in passenger fares, Railways have decided to further hike the fares of premier trains such as Rajdhani, Shatabdi and Duronto effective from October 17.
The secret behind IndiGo's amazing success
The airline has adopted a counterintuitive strategy of adding new aircraft and expanding capacity amid the slowdown, which seems to be paying off.
Tata launches Nano CNG at Rs 2.52 lakh; offers superb mileage
India's most fuel efficient IC-engine car that gives 36 km/kg.
COLUMN: The irony of India story
Hopes for India's long-term growth have never been lower, but the likelihood of that growth has never been higher.
Will BlackBerry co-founders buy the company?
BlackBerry co-founders Mike Lazaridis and Douglas Fregin are considering a bid to buy the struggling smartphone maker, according to a securities filing on Thursday, raising the prospect of an alternative to a $4.7 billion offer led by its top shareholder.
COLUMN: Indian promoter-CEO is answerable to nobody
There is no shortage of businessmen in India who have run their firms into the ground, putting into jeopardy money given to them by small shareholders.
Murthy magic: Analysts see bright future for Infosys
Analysts said the company has set conservative revenue guidance that they expect it to beat.
Sensex soars 256 points, Infosys at 30-month high
The 30-share Sensex ended up 256 points or 1.3% at 20,529 while NSE Nifty ended up by 75 points or 1.3% at 6,096.
Infosys raises revenue guidance, net up at Rs 2,407 crore
Infosys on Friday reported a consolidated net profit for second quarter up 1.6 per cent year-on-year to Rs 2,407 crore.
Does India have cheapest mobile broadband? Find out...
Let's take a look at some countries, including India, and the price of mobile broadband connection.
Places where gamblers spend MOST of their money
They spend ten times more money in Macau than in Las Vegas
Walmart keeps the door open for India retail play
American retail major Walmart has snapped ties with Indian partner Bharti but its plans to enter the country's multi-brand retail space appears intact.
Will reshuffle bring back growth at Wipro?
In a massive top-level reshuffle last week, Wipro, India's third-largest IT services firm, announced the exit of Anand Sankaran who was handling a major chunk of the company's overall business.
Raghuram Rajan: A lucky mascot for the rupee
Rollback of July tightening measures indicates comfort on currency but a repo rate hike is around the corner.
Retire or not, Sachin to remain a DARLING with brands
Paying tribute to Sachin Tendulkar, who has decided to hang up his boots after playing
October 10, 2013
Google Chromebooks in India from Oct 17
Search giant Google on Thursday said Chromebooks will be available in India from next week, more than two-years after they were launched globally.
After Aakash, DataWind launches low cost phablets at Rs 3,999
DataWind has launched affordable phablets or tablets with voice call facility at prices starting from Rs 3,999.
Indian economy: Why we shouldn't be complacent
The tide began to turn in early September with the new Reserve Bank of India governor's confident and well-considered initial policy statement on September 4.
Brand Amma's throwaway pricing
Jayalalitha is rapidly expanding her brand into products that people come in contact almost daily.
IMAGES: JLR keeps Tata Motors in cruise control
JLR's product pipeline and margin uptick will ensure good revenue and profit growth.
Cooperative temper needed to take on global crisis: PM
Calling for cooperation among Asia Pacific countries to tackle the global economic uncertainty, Prime Minister Manmohan Singh on Thursday said the vast growth
SPECIAL: McDonald's sees a lot more happening over burger & coffee
World's second-largest fast-food chain to launch its McCafe coffee brand in India on Monday.
COLUMN: Why is it hard for founders to step down?
The question holds significance in the light of investors' call for Bill Gates to step down as Microsoft chairman.
How Facebook plans to motivate Indian voters
New app propels civic engagement, using known tools and similar experience abroad, in another effort to use social media's power.
Does India have the longest working hours? Find out...
Let's take a look at some countries, including India, where people have longest working hours.
India among RISKIEST locations to open a data centre
Ease of doing business and power security are two biggest challenges in the country.
Looking for a quick promotion? Try these companies...
Let's take a look at some companies that have been ranked best when it comes to quick promotions.
Sensex up 24 points in choppy trade ahead of earnings season
Investors have turned cautious and parked their funds in less risky and fundamentally strong stocks ahead of the second-quarter earnings season.
Waiting for iPhone 5s, 5c? You can buy one this Diwali!
Apple, the iconic maker of iPhones and iPads, said the latest models of its smartphones
Forget the gloom! India's household wealth zooms
India has seen rapid growth in wealth creation between mid-2012 to mid-2013 as the household wealth in the country has increased by 7.4 per cent to $3.6 trillion during the period, says a report.
Why elections are a big risk for stock market
The BSE Sensex will only manage a 4 per cent gain in 2013.
Apple may launch new iPad on Oct 22
New versions of the iPad, which will go up against Amazon.com Inc's latest Kindle Fire tablets and other gadgets made by Samsung Electronics.
Porsche launches stunning Panamera at Rs 1.19 crore
German car maker Porsche has launched the new generation of its sports car Panamera in India.
October 09, 2013
Cost cutting? Ministers, top officers can still fly first class!
Austerity measures announced by the government to rein in the fiscal deficit will not apply on air travel by ministers and senior officers going abroad on official visit.
BSE: Top gainers and losers
The 30-share Sensex rose 265.65 points to end at 20,249.26 and the 50-share Nifty gained 79.05 points at 6,007.45 levels.
Downturn? India to have 3.02 lakh millionaires by 2018!
At present, the country has 182,000 millionaires, Credit Suisse Research Institute said in its fourth Annual Global Wealth Report 2013 released in Mumbai on Wednesday.
From Kabul to Guangzhou, SpiceJet goes global
SpiceJet is expanding international operations to improve dollar earnings and offset losses caused by currency rate fluctuations.
Indian IT outsourcers want a bigger byte out of Europe
Big Indian IT companies, heavily reliant on the US market and eager to diversify, have intensified efforts to crack continental Europe.
Samsung launches world's first smartphone with curved screen
Samsung Electronics Co Ltd on Wednesday launched the world's first smartphone with a curved display, a variant of the Galaxy Note which moves the Asian giant a step closer to achieving wearable devices with flexible - even unbreakable - screens.
September trade deficit narrows to 2-1/2 year low
The deficit for the month stood at $6.7 billion, the lowest level since March 2011, compared with $10.9 billion in August, the trade ministry said.
Which one of these will WIN the world's BEST car title?
The cars will be competing with the likes of BMW, Jaguar, Mercedes-Benz, and Porsche.
Starved of gold, Indians may import record volumes of silver
Higher silver demand in the world's biggest buyer may help support prices, which have fallen almost 30 per cent this year on the international market.
It's official. Wal-Mart, Bharti deal is over
Retail giant Walmart and Bharti have decided to part ways.
Investors cheer Sep trade data, Sensex regains 20k
The broader markets ended higher with mid-caps and small-caps adding 0.5-0.8 per cent on the E.
19 banks that have most HEALTHY books in the world
Let's take a look at some financial institutions that have healthy books.
Bentley Flying Spur: The billionaire's dream machine
When you are paying Rs 3.1 crore for a car, it is surely a matter of emotions, rather than rationality, and the new Bentley Flying Spur is an example.
15 countries that have the MOST Twitter users
With the company preparing to go public, let's take a look at some of its biggest markets.
What makes G2 the best smartphone from LG
The new smartphone from LG is easy to hold and does not seem too big in hand despite the big screen.
Why Indians FEAR rapid economic growth
The fear is that we in India are really not ready for a society where the social order is disrupted, says .
US debt crisis can cause global financial turmoil: IMF
The IMF has warned that an imminent debt default by the US due to the government shutdown would result in disruptions in financial markets and could possibly trigger global economic turmoil.
BMW to launch stunning 3-Series GT model in India
German luxury car maker BMW on Tuesday said it plans to launch its new model 3-Series GT in India and also start its production in the country by early next year.
October 08, 2013
India to stick with austerity despite looming election
The finance minister's vow to contain the deficit means there will be little room ahead of a tough election to spur growth.
IMF cuts India growth estimate to 3.75% in 2013
The IMF, in its latest World Economic Outlook report, also said India is among the economies that may require more tightening to address inflation pressure.
CHEAPEST places in the world to buy an iPad; India ranks 5
Argentineans pay almost double of Indians to buy the tablet.
Domestic car sales up 0.73%
Total sales of commercial vehicles were down by 26.95 per cent to 51,680 units from 70,746 units in the year-ago period, SIAM said.
Now, Aadhaar-linked accounts to be basis for mobile payments
The SMS-based application extends DBT's payment architecture to individuals, where their Aadhaar number will be linked to their bank accounts at the back-end.
Why inflation is so high in India
India's rampant inflation remains a hotly debated puzzle.
How Telangana stir has hit business in Andhra Pradesh
The region remained powerless for a second day, as employees of the state's power generation, transmission and distribution companies stayed away from work, in protest.
Markets end higher led by heavyweights
ICICI Bank, L&T, Bharti Airtel, ITC and Sun Pharma lead gains in noon trades.
Galaxy Note 3: Takes the phablet craze one step further
It's light weight, has a long battery life and a HD display; but is also pricey.
Why Skoda Octavia scores over Hyundai Elantra
Performance wise, the Elantra's 1.8-litre petrol and 1.6-litre diesel engines provide great thrust initially, but tire on reaching the 150 kmph mark. Octavia is a more sensible choice.
How lazy investors can make money
Fund houses offer certain all-encompassing schemes which, for practical reasons, should have little place in your portfolio.
Maruti launches anniversary edition Alto 800 at Rs 3.12 lakh
This follows three other special edition Maruti launched recently - WagonR Madhavan Signature Edition, Alto K10 Musik edition and Ertiga Feliz edition.
Honda to launch 2015 City with a DIESEL engine next year
The car will be based on the new Jazz.
LG launches 8.3-inch G Pad tablet with sharper display
Plans to take on Apple Inc's dominance in the popular small-sized tablet market.
October 07, 2013
BSE: Top losers and gainers
The 30-share Sensex ended down 21 points at 19,895 after hitting a high of 19,921 and a low of 19,648 and the 50-share Nifty ended down 1 point at 5,906 after hitting a high of 5,912 and a low of 5,826.
US govt remains shut down as debt default looms
As the US government shutdown enters its second week there were alarming signs today that the world's largest economy was headed for an unprecedented debt default and the American political deadlock on the budget could have potentially catastrophic global consequences.
Angry Bird Chocolates arrive in India
The Cocoa Trees have launched Fazer Angry Bird Sweets, Lollipops, Chocolate Eggs and Chewing gums into the market.
25 countries that spend MOST on alcohol, gambling
Let's take a look at some of the biggest spenders on bad habits.
D-street cautious ahead of September quarter earnings
Second quarter earnings of companies, starting with the Infosys results, export-import numbers and industrial production data, could keep markets volatile in the week ahead.
How the noose around Jignesh Shah was tightened
The showcause notice by the Forwards Market Commission to promoters of National Spot Exchange Limited on Friday, including Jignesh Shah, is the culmination of a series of steps by the authorities to tighten the noose around Shah.
Why Nirmalya Kumar accepted the Tata offer
Back in India, Nirmalya Kumar says he has achieved the academic goals he had set and it is now time to learn new things.
10 states with highest number of mobile users, UP tops
India has the second largest number of mobile subscribers in the world.
Samsung Galaxy S4 Zoom: Is it a good phone or a camera?
To the purist, the Samsung Galaxy S4 Zoom annoys with its hybrid functions of camera and phone. But to the enthusiast, it is a good, ready-at-hand option
Indians MOST COMMITTED to their employers
Compensation, which is often perceived as the single-most important reason for choosing an employer, ranks the third-most important at 26 per cent globally.
Sensex ends flat amid volatile trade
Markets ended flat, amid a volatile trading session on Monday, as gains in TCS and metal shares helped offset most of the losses in financials.
World's LARGEST cruise ships
Earlier a mode of travel, they are now holiday destinations that house all modern-day facilities and world-class entertainment.
Is it all over between Bharti and Walmart?
The US firm puts the lid on possible front-end deal, says retail franchise with Bharti not tenable as base
Sensex firms' profit growth likely to be pale
IT, pharma and a few other sectors may see gains, but it will be pain for most in September quarter.
Countries that have the BEST workforce
India lacks behind and ranks 78 out of 122 countries that were assessed.
October 05, 2013
How Raghuram Rajan has performed so far
Rajan, who will complete a month as the governor of Reserve Bank of India on Friday has already succeeded in restoring calm in the foreign exchange market.
SBI joins ranks of dozen other headless PSUs
Delays in crucial PSU appointments a reflection of poor governance and political vested interests
5 reasons why rupee recovery may NOT last
Rupee has strengthened but is this sustainable.Or are we staring at a slip very soon.
October 04, 2013
US shutdown enters 4th day, Obama cancels trip to Asia
President Barack Obama on Friday cancelled his trip to Asia to attend two key summits due to the US government shutdown that entered its fourth day even as efforts to break the political standoff between Republicans and Democrats over the budget failed to make any headway.
BSE: Top gainers and losers
The 30- Share BSE Sensex ended 19924 up 22 points or 0.11 per cent, while the broader 50-share NSE Nifty closed down by 2 points or 0.01 pct at 5907.
US shutdown: Understanding the real problem
Dysfunctional US politics may set off another crisis.
For sensitive info, Indians prefer SMS, email over phone call
Text or email is comparatively an impersonal medium and people feel less hesitant to speak their mind.
Bill Gates, Ballmer seek re-election to Microsoft board
Microsoft Chairman Bill Gates and retiring Chief Executive Steve Ballmer are standing for re-election to Microsoft Corp's board of directors, despite recent moves by some investors to reduce their influence.
Top 5 Android smartphones priced at Rs 20,000 - Rs 30,000
Android smartphones in the Rs 20,000 to Rs 30,000 price bracket offer almost all features that are packed in top-of-the-line handsets.
PHOTOS: 10 countries that are favourite of high-tech companies
Let's take a look at some nations that are favourite of high-tech firms.
Market ends flat, Sep PMI weighs
Broader markets outperformed the benchmark indices marginally; E Small-cap ended 0.5% higher while mid-caps were up 0.2%.
Maharashtra plans another city, 80 km off Mumbai!
As a part of its plan to decongest Mumbai and Navi Mumbai, the Maharashtra government proposes to develop a third city in Uran, 80 km away from Mumbai in the Raigad district.
BMW 1-Series offer the best driving experience in its segment
It instantly puts a wide grin on the driver's face.
Skoda launches Octavia sedan at Rs 13.95 lakh
Three years after it discontinued selling Octavia in the Indian market, Skoda Auto India on Thursday relaunched the premium sedan priced between Rs 13.95 lakh and Rs 19.45 lakh.
IMAGES: 24 car companies that saw biggest jump in sales
Let's take a look at some car companies that saw biggest rise in sales.
Top retirement destinations in the world
These countries off easy life, better access to healthcare and cheaper cost of living.
Buildings that will change India's skyline
Let's take a look at some of the world-class buildings are coming in different Indian cities.
October 03, 2013
Govt approves Jet-Etihad stake sale deal
The Union Cabinet on Thursday cleared the Rs 2,058 crore (Rs 20.58 billion) stake sale deal between Jet Airways and Abu Dhabi carrier Etihad.
Income Tax officials raid diamond traders in Mumbai, Surat
Traders were producing fake purchase and sale billing receipts and also availing multiple loans on one consignment.
Mamata threatens action if Bengal refused loan waiver
Last Monday, she termed the Centre's silence over loan repayment restructuring as a 'political vendetta' to ruin Bengal.
Faltering Air India looks set for take-off
After several failed attempts, the state-owned carrier finally seems to be on track to become profitable as turnaround plan gains traction.
Remittances: India tops the global chart
As a percentage of GDP, the top recipients of remittances, in 2012, were Tajikistan (48 per cent), Kyrgyz Republic (31 per cent), Lesotho and Nepal (25 per cent each) and Moldova (24 per cent).
Why Chidambaram may be forced to wield the Budget knife
P Chidambaram will make a final decision on whether to go ahead with the cuts at the end of October, when he gets an update on revenue collections.
PHOTOS: 25 best countries for workers
Let's take a look at some of the best nations for employees.
India shining? Poor states continue to lag behind
For some sort of convergence among states, the recent outperformance by poor states has to continue for a long time.
Sky-high fares hit air travel in India
The average load factor for November stands at 75 per cent, as leisure travel records a rise at this time.
US govt shutdown: No progress on stalemate
Obama told lawmakers that he is not going to negotiate over the need for Congress to act to reopen the government or to raise the debt limit to pay the bills Congress has already
Has the Rajan panel BETRAYED Bihar?
While the rest of India marches towards the promised destiny of 'progress', Bihar - the heart of India- is doomed to poverty and the injustices of a caste-based society.
Infosys expected to raise FY14 revenue estimate
Company had pegged FY14 revenue growth at six-10% earlier
Tablets below Rs 20K? Yes and they are not even Chinese
The Indian tablet market has been dominated by Chinese or local players.
Brick by brick, Indian realty story crumbles
Housing launches drop up to 59 per cent in key markets; IT hub Bangalore only exception
Investors cheer China data, Sensex up 385 points
The broader markets ended higher with mid-caps and small-caps adding 1-1.3 per cent on the E.
Apple topples Coca-Cola to emerge as world's TOP brand
Let's take a look at some of the biggest names in the globe.
A stellar beginning for Tata's 'Mistry man'
Profit in FY13 up 18% to Rs 3,713 crore, dividend income jumps 37%
Why Bill Gates should step down from Microsoft
Compared to its peers, the company has not created shareholder value in the past 10 years.
Jewellers suffer as India tries to curb gold imports
Some are eying the competitive markets abroad.
October 02, 2013
LPG cylinders to be available at petrol pumps
The 5-kg cylinder will be price at market rate.
In picture: How the US shutdown affects the daily life
President Barack Obama and congressional Republicans came no closer to ending a standoff on Tuesday that has forced the first government shutdown in 17 years.
Why defaults on second home loans ARE INCREASING
High interest, inflation and grim job scenario result in repayment hurdles.
Microsoft's biggest investors want Bill Gates to STEP DOWN
Gates owns about 4.5 per cent of the $277 billion company and is its largest individual shareholder.
13 amazing facts that reveal McDonald's growth
Let's have a look at some amazing facts that reveal its reach and strength.
Govt draws a watertight case for Aadhaar
It pulls out past Supreme Court orders that run contrary to the latest one.
CEOs who walked away with millions after losing their jobs
Let's take a look at some of the biggest golden handshakes in the world.
Countries spending the most on foreign travels
Let's take a look at some of the biggest spenders on international travels.
In first day of US shutdown, no sign how it will end
As police cordoned off landmarks like the Lincoln Memorial and government agencies stopped cancer treatments and trade negotiations, Republicans in the House of Representatives moved to restore funding to national parks, veterans care and the District of Columbia.
October 01, 2013
India ranks 78th on human capital index
While India has scored well on parameters like workforce and employment, it has fared poorly for health and wellness of its labour force, WEF said.
US shutdown: What it means and will it impact India?
The US government began a partial shutdown on Tuesday for the first time in 17 years.
BSE: Top gainers and losers
The 30-share Sensex was up 137 points at 19,517 and the 50-share Nifty was up 45 points at 5,780.
Bentley drives in new Flying Spur at Rs 3.1 crore
Luxury carmaker Bentley on Tuesday launched its all new super premium sedan Flying Spur priced at Rs 3.1 crore.
Does India have the most ATMs in the developing world?
Let's take a look at how many ATMs countries in emerging markets have and how many use mobile phone to receive money.
Column: Decoding Governor Rajan
Raghuram Rajan's signal of a neutral stance is at odds with concerns about inflation and markets' revised expectation of more increases in the repo rate
The real culprit behind the hike in onion prices
The most plausible suspect for the price surge, therefore, is the inability of the market to channel onions from growers to consumers without too many intermediaries adding to costs.
Hyundai, M&M sales down; Maruti's up 12%
The company said its domestic sales increased by 1.8 per cent during the month to 90,399 units as against 88,801 units in September last year.
India's 10 BEST companies to work for
Google has been ranked as the best company to work for in India.
What the US government shutdown is all about
As many as 1 million U.S. federal employees could face unpaid furloughs or payless paydays.
Markets firm up led by rate banks
HDFC Bank, ICICI Bank, HDFC and SBI contributed the most to the gains in the Sensex up between 2-3% each.
World's LARGEST auto markets; India ranks 7
Emerging markets are fast becoming the biggest car markets in the world leaving behind developed economies such as US, Germany and Japan.
Modi wants Brand India sold globally
Modi said India has not done enough to exploit its full potential to emerge as an effective brand.
Here's proof: iPhone 5S is the fastest smartphone in the world
The company's 64-bit processor scores over all other smartphones on benchmarks test.
September 30, 2013
BSE: Top losers and gainers
The 30-share Sensex ended down 347 points or 1.8% at 19,380 and the 50-share Nifty ended down 98 points at 5,735.
Current Account Deficit widens to 4.9 per cent of GDP
India's current account deficit is narrower than expected at $21.8 billion, or 4.9 per cent of gross domestic product, in the June quarter.
In time of crisis RBI turns to gods for help
RBI has sent letters to the country's richest temples asking for details of their gold.
How much blackmoney is stashed abroad? Govt has no clear idea
The study was constituted in March 2011 when the nation was debating on the amount of black money stashed within as well as outside the country with figures being projected by politicians and civil society to lakh of crores.
Is Surajkund an attractive real estate hotspot?
Of late, Surajkund has been hyped as an attractive alternative real estate destination on the Delhi-National Capital Region (NCR) map.
No clinical trial of new drugs for now: SC
The court had earlier said that clinical trials of untested drugs on humans require certain mandatory standards to be followed and had also directed the government to put in
Will Tata Nano make for a good police patrol car? Your say...
The Nano patrol car is fitted with visual and audible warnings, which include beacons, a siren and search lights apart from a medical kit.
Images: World's first 'INVISIBLE' skyscraper
South Korea will build a 450-meter tall Tower Infinity, a building that can go 'invisible'.
Eight countries that have BIGGEST share of immigrants
Let's take a look at nations that have sizable share of immigrant population.
Raghuram Rajan on the right track to save economy
Everything seems to be falling in place for the new RBI governor but there is a need to prepare for the imminent tapering by the Fed.
The rupee alone can't resurrect India's fortune
The true upside in exports will only emerge when the competitiveness of an industry improves to a fundamental and sustainable level, and if we place our bets as a country in the right sectors and countries
Slowdown takes a toll on airline CEO salaries
Amid turbulent times in the aviation space, top executives of listed carriers have seen their salaries coming down, with low-cost SpiceJet's Chief Executive Officer (CEO) taking the biggest cut.
Rupee falls, yet Sept best month in a year
After trading hours, the government said the June-quarter current account deficit widened to $21.8 billion from $18.1 billion in the previous quarter.
Sensex slumps 350 points, US shutdown fears loom
Markets ended nearly 2% lower on worries over a probable US government shut down weighed on investor sentiment.
Women get upper hand in property DISPUTES
A resolution depends on the the kind of property held jointly and the ownership pattern
IMAGES: Unusual hotels around the world
Check out some of the unusual hotels around the world.
25 banks that target only the world's RICHEST families
Let's take a look at some banks that manage the wealth of richest families.
Petrol price cut by over Rs 3 a litre, diesel hiked
Petrol price has been cut by Rs 3.05 a litre.
Eight core sectors grow by 3.7% in August
The core industries, which also include coal, natural gas, refinery products and crude oil, having a weight of about 38 per cent in the Index of Industrial Production, grew
September 27, 2013
15 AMAZING facts that trace the rise of Google
Let's take a look at some amazing facts that trace its history.
Card fraud: Banks can't shrug responsibilities
The acquiring banks have to pay the amount paid by the bank without doubt within three working days of the issuing bank raising the claim, failing which the RBI would be
Google looks for talent in BlackBerry's backyard
Motorola and Google are growing their presence in Waterloo.
Google launches 'Hummingbird' on 15th birthday!
Google Inc has overhauled its search algorithm, the foundation of the Internet's dominant search engine, to better cope with the longer, more complex queries it has been getting from Web users.
59-60 right value for rupee, says Chidambaram
The Indian currency on Friday traded at 62.48, down 41 paise against the US dollar at 1645 hours.
Dedication, not money, matters during calamities: Nita Ambani
Kickstarting relief work for over 25,000 people affected by floods in Uttarakhand, Reliance Foundation Chairperson Nita Ambani has said that it is the dedication and sincerity towards lending a helping hand that matters more than money during times of natural calamities.
Anti-retail-FDI Mamata cool with foreign brands
Mamata Banerjee, who had pulled out of UPA-II over FDI in retail, among other issues, would dedicate mall to people of Kolkata.
Steve Ballmer bids farewell at last Microsoft employee meeting
Microsoft Corp Chief Executive Steve Ballmer took his farewell bow before thousands of applauding employees on Thursday with a typically loud and emotional performance at his last companywide meeting, talking up the software giant's prospects and taking swipes at rivals.
Is the Nokia Lumia 1020 impressive?
The 1020 has to live up to the perception of an imaging device.
Mr Prime Minister, bring up immigration issue directly with Obama
The comprehensive Senate immigration reform legislation, America Inc thinks, will adversely affect Indian IT companies and will have an inimical spillover impact on American firms too.
Soon, RBI to stop cash back on home loans
After banning 0% interest rate, central bank could crack down on EMI waiver too.
Rupee snaps two days of gains; closes at 62.52
Forex dealers said besides selling of the American currency by banks and exporters, easing of norms by Reserve Bank for providing swaps to banks that are borrowing funds overseas and a higher opening in the domestic stock market
IMAGES: 25 airlines flying oldest planes in the world
Let's take a look at some airlines having oldest fleet in the world.
PHOTOS: 18 biggest fast-food chains in the world
Let's have a look at some of the biggest fast-food chains in the world.
The secret behind redBus' success story
redBus.in is the second highest transacted travel website in the country, next only to IRCTC.
World's best selling cars; Swift ranks 20
Competing with the cars from big auto companies, Swift and Swift Dzire have made its way into the top 20.
September 26, 2013
BSE: Top losers and gainers
The Sensex ended higher by 38 points at 19,894 mark and the Nifty was up by 8 points at 5,882 levels.
Philanthropy has to be spontaneous, can't be forced: Premji
Referring to the issue related to Corporate Social Responsibility (CSR), which has been made mandatory by the new laws that govern companies, IT czar Azim Premji on Wednesday said philanthropy cannot be forced and it has to be spontaneous.
Sachin, Dhoni, Shah Rukh, Salman's tax accounts also hacked
According to police, during the probe of the case of a Hyderabad-based young CA student hacking into the IT account of Ambani, it has emerged that the business tycoon's account was also fraudulently accessed from Noida.
PHOTOS: No Gujarat on Rajan's list of 7 most developed states
Raghuram Rajan panel report has made a case for ending the 'special category' criteria.
Why the new pay panel spells doom for India's finances
Central pay commissions in the past have usually been set up after every 10 years and the 10-year period of the current sixth central pay commission would be over by 2015.
Ban on zero-interest schemes, a boon for customers
The apex bank is taking away the 'psychological hook' that schemes with zero interest have on consumers.
Rupee hits 1-week high as foreign banks sell dollars
The rupee on Wednesday settled at 62.44 against the dollar, up 31 paise over the previous close.
Asia-Pacific to be biggest home for super-rich by 2014
In 2012, the number of HNIs in the region increased 9.4 per cent to a record 3.68 million and their collective wealth grew to $12 trillion.
IMAGES: 16 major foreign acquisitions made by China
Let's take a look at some of the biggest acquisitions carried out by Chinese companies in recent years.
Mumbai is the 2nd MOST HONEST city in the world
A survey conducted by Reader's Digest magazine reveals how people across different cities reacted after finding lost wallets.
Samsung to launch smartphone with curved display in October
Curved displays are an early stage in screen evolution, which is shifting to bendable or foldable designs.
Amazon unveils two powerful tablets
It has a feature which instantly brings up a video chat with a tech-support representative who can tell a user how to operate the device.
Fiat launches Linea Classic at Rs 5.99 lakh
it is a low-cost variant of the Linea, which will cater to entry-level sedan segment.
The 12 best selling aircraft in the world
These aircraft are still in production and also used for civil purposes.
Nokia launches Lumia 1020 with 41 megapixel camera
The price of the device will be disclosed on October 10 but as per estimates, it will be available in the range of Rs 47,000-Rs 48,000.
'Crores spent on populist schemes hits the economy'
In a veiled reference to various populist schemes of the United Progressive Alliance (UPA) government, Arun Jaitley, Leader of Opposition in the Rajya Sabha, "When crores are spent not on asset creation but on populist schemes, it disturbs the economy of the country."
September 25, 2013
Obama-Singh meeting to re-energise Indo-US ties: Inderfurth
"I think the principle benefit would be greater visibility to the relationship at the highest level with President Obama and Prime Minister Singh," Karl F 'Rick' Inderfurth, the former Assistant Secretary of State for South Asian Affairs said.
Big crisis: Why superpower China is thirsty
Beijing blames climate change for wreaking havoc on scarce water resources.
New Tata Nano: A great first car
The update to the Tata Nano makes it a more appealing package.
Why the Indian economy is a sinking ship under UPA
The United Progressive Alliance's (UPA) growth story is far from truth and is mere a statistical jugglery.
RBI bans 0% interest rate scheme for buying goods
The RBI on Wednesday banned zero per cent interest rate scheme for purchase of consumer goods, a move intended to protect customers but may dampen the festive spirit.
BSE: Top losers and gainers
Markets ended lower this Wednesday after a volatile trading session as global investor sentiments remained edgy on concerns over political dysfunction in US as lawmakers struggled to keep the government offices running ahead of next month's budget default.
India-US ties lose shine over economic differences
When Prime Minister Manmohan Singh last visited the White House in 2009 he was feted at President Barack Obama's first state dinner, a star-studded affair that reflected the excitement about blooming ties between the two big democracies.
Customs clear part of imported gold
The country's gold jewellery exports climbed in August from the previous month on improving US demand.
Meet Maruti Etriga competitors: Honda Mobilio, Datsun Go+
Both the MPVs were recently unveiled in the Indonesian market and will soon be launched in India to lure the customers.
India still offers exciting opportunities: Mark Mobius
Mark Mobius, executive chairman of Templeton Emerging Markets Group still believes in the emerging markets growth story.
Microsoft unlikely to gain from Asha
Most see MS' purchase of rights to Asha as a reinforcement of its salience.
Glaring errors in Modi's big claims will backfire
Narendra Modi should worry about fact-checking.
25 countries where iPhone 5 is most EXPENSIVE
Let's take a look at the price of an iPhone 5 in various nations.
Singapore Airlines bets big with Tata JV
Its full-service plans with the Tata JV might counter modest profits and competition from all quarters.
Rupee snaps three-day fall as foreign banks sell dollars
Traders said the rally in the domestic market was closely mirroring moves in the non-deliverable forwards which was leading the spot market gains.
September 24, 2013
BSE: Top gainers and losers
The 30-share Sensex ended up 19 points at 19,920 after touching a high of 20,050 and a low of 19,783 and the 50-share Nifty ended up 3 points at 5,892 after touching a high of 5,938 and a low of 5,855.
India among most vulnerable economies in emerging markets
Let's take a look at some of these nations, including India.
After AirAsia, Tatas board SIA for long haul
The new alliance will help the Tatas realise their long-cherished dream of flying abroad, while Singapore Airlines will get a foothold in the expanding Indian market
How two IITians are changing the way people commute
Mukesh Jha and Janardan Prasad have founded Autowale, a service that allows you to book an autorickshaw just like radio cabs.
8 most NOTABLE features of Apple's iOS 7
With its latest software update Apple breathes a new life into its iPhone and iPad.
Microsoft revamps Surface tablets to challenge Apple
Microsoft Corp unveiled faster, more powerful versions of its Surface tablet computer on Monday in an effort to boost poor sales of its flagship hardware product and mount a stronger challenge to Apple Inc's iPad.
Office space boom in India, China
Asia-Pacific economies continue to outpace other regions of the world, whose growth prospects have weakened over the first half of 2013.
World's most dynamic nations for business: US fails, China gains
The United States has failed to make it among the world's top ten dynamic nations.
Rupee weakens further by 15 paise to 62.75 vs USD
The rupee lost 37 paise to end at 62.60 against the
Meet Hyderabad-born Prem Watsa, the man who is buying BlackBerry
Often called Canada's version of Warren Buffet, Watsa preaches a long view that suggests it may be too early to assess his decision to take on a leading 10 per cent stake in BlackBerry.
The TALLEST buildings in India
Surrounded by sea on three sides, Mumbai has only one way to expand - vertically. And that's why, most of India's tallest building are located in the city.
Apple sells 9 million 5s, 5c iPhones in first three days
Apple Inc sold a higher-than-expected 9 million iPhone 5s and iPhone 5c models in the first three days following their Friday launch, prompting the company to issue a more optimistic financial forecast.
End of an era: The rise and fall of BlackBerry
Embattled smartphone company BlackBerry Ltd plans to go private in a $4.7 billion deal being orchestrated by its largest shareholder.
September 23, 2013
BlackBerry 'pauses' global rollout of BBM for Android, iOS
Smartphone maker BlackBerry has paused the global roll out of instant messaging service
These super luxury cars ready to vroom in India
Despite the rupee fluctuations, the coveted brands have lined up a record number of launches.
Is iPhone's fingerprint scanner hacked?
A group of German hackers claimed to have cracked the iPhone fingerprint scanner on Sunday, just two days after Apple Inc launched the technology that it promises will better protect devices from criminals and snoopers seeking access.
Should you be worried if your car is recalled?
The Automotive Research Association of India does a thorough check of all vehicles and if during these tests, parts work to perfection, then the cars are cleared.
Why India Inc admires Narendra Modi
A recent survey of 100 chief executives conducted by Nielsen for The Economic Times said 80 per cent want Modi to become prime minister.
Tata ventures likely to make air travel cheaper in India
With the launch of Tata AirAsia and Tata-SIA, the added capacity will bring down fares considerably, say observers.
Rs 58,000-cr real estate waiting to be SOLD
It could take more than two years to get sold.
5 IT CEOs with the HIGHEST salaries in India
It's not surprising that CEOs in IT companies are among the richest in India Inc.
IMAGES: The stunning Jaipur Metro comes to life
Heralding a great transformation in the state's transport network, Rajasthan Chief Minister Ashok Gehlot on Thursday flagged off the trial run of the Jaipur Metro.
Modi's claim of 8.4% growth during NDA regime false: Chidambaram
Chidambaram's statement was in response to Modi's reported claim of economic growth rate during Vajpayee government being 8.4 per cent.
Most EXPENSIVE cities for business travellers
Though Mumbai and Bangalore featured in the top 25 most visited cities, they are the cheapest for business travel.
Will Rajan's efforts to fight inflation succeed?
Dr Rajan has clearly sought to establish his credentials as an inflation fighter and the action should be seen as an indication of how monetary policy will operate during his term.
25 countries that have least income inequality
Let's take a look at some nations that have low income inequality.
Rupee extends losses vs USD, down 37 paise
The Indian currency was tracking the non-deliverable forwards while lower stock futures also hurt sentiment.
September 22, 2013
Should you BUY gold on the dip?
Investors looking to make a quick buck from the yellow metal should hold on for now.
September 21, 2013
How India can boost its foreign exchange reserves
Regrettably, another voluntary disclosure scheme may be needed to strengthen India's foreign exchange reserves.
Fancy salaries for top execs: Govt plays spoilsport
In a stringent set of executive pay disclosure norms, the government on Friday proposed to make it mandatory for listed companies to give their rationale behind salaries and hikes given to top management personnel vis-?-vis the business performance.
September 20, 2013
BSE: Top losers and gainers
The Sensex fell nearly 2 per cent on Friday after a surprise rate hike by the RBI led to a slide in rate-sensitives like banking and auto shares.
7 things I love about the iOS7: What's your take?
Apple Inc can look to an equally exciting future as it did under Jobs.
Maruti Suzuki launches new special edition Wagon R
This edition is dedicated to the bollywood actor R Madahavan who also happens to be the brand ambassador of the hatchback.
We are anti-inflation: Raghuram Rajan
RBI Governor Raghuram Rajan on Friday said repo rate has been hiked as inflation pressures remain high.
Inflation worry led RBI to hike rates: Experts
In his first monetary policy review since taking office on September 4, RBI Governor Raghuram Rajan increased the repo rate by 25 basis points to 7.50 per cent.
RBI hikes repo rate, loans to cost more
RBI kas hiked short-term lending (repo) rate by 0.25 per cent to 7.5 per cent.
Will the rupee appreciate sharply from current levels?
Experts said within a month, the currency wouldn't strengthen from current levels.
Indian economy in a new phase called 'Raghuram Rajya'
Undaunted by what non-ideal mortals call pragmatic reality, he rolled up his sleeves on his first day in office and rolled out a series of measures that turned sentiment, as if on a dime.
SPECIAL: Why investors love gold now
The US Federal Reserve's decision to continue bond-buying has lifted investor sentiment for gold and silver.
Rupee falls 46 paise to 62.23 vs USD
The rupee was at 62.08/12 versus Thursday's close of 61.77/78.
IMAGES: 25 best beer brands in the world
Let's take a look at some of the best rated beers in the world.
PHOTOS: India among countries that have highest GDP
Let's take a look at some economies that have highest GDP in the world.
Tatas among the 10 best companies for leadership in Asia
Which businesses most expect their employees to step up and lead? And also nurture them to do so? Find out...
All eyes on Rajan as industry pitches for rate cut
All eyes are on new Reserve Bank Governor Raghuram Rajan who will come out with his maiden monetary policy review on Friday amid conflicting demands for rate cut and an urgent need to contain inflation which soared to 6-month high of 6.1 per cent in August.
Rajan targets inflation, now will government go after growth?
Rajan was treated as the messiah who would rescue India from its current economic mess of growth stagnancy and high inflation.
September 19, 2013
BSE: Top gainers and losers
The 30-share Sensex ended 684 points higher at 20,647 and the 50-share Nifty added 216 points at 6,116 levels.
Tatas, Singapore Airlines to launch new airline in India
Tata Sons has signed a memorandum of understanding with Singapore Airlines to establish a new airline in India.
Blackberry could lay off up to 40% staff: Reports
BlackBerry Ltd plans to slash thousands of jobs by the end of the year, it was reported on Wednesday, just as the company launches a flagship smartphone intended to revive its fortunes.
Onions prices to ease in 2-3 weeks on fresh output: Minister
Agriculture Minister Sharad Pawar said on Thursday onion prices will ease in the next two-three weeks as fresh output arrives from Maharashtra and other states, providing relief to consumers.
Micromax launches 8-inch 'Canvas Tab' priced at Rs 16,500
Confident with the popularity of its Canvas phones, Micromax launched its first 'premium' 8-inch tablet.
Starbucks serves a local brew
The cafe chain is adding neighbourhood nuances to its decor and menu as it ventures deeper in India.
How India can build world class cities
Between 2010 and 2050 India is expected to add about 500 million to its 2011 urban population of 377 million.
20 most expensive hotels in the world
Among the 20 most expensive places, the cheapest one charges you an average rate of Rs 115,605 each night. The most expensive can cost you more than three times of this amount.
How to build your wealth in simple steps!
Building wealth is a topic often spoken about by many, but followed by very few. The reason for this is that wealth creation involves time and a lot of effort.
From chefs to cheese, your 5-star dining may soon go local
Rupee's weakness swells import bills of luxury hotel chains & restaurants, forces them to look for domestic alternatives.
Economic recovery? 46.5 million Americans live in poverty
The number of US residents living in poverty edged up to 46.5 million last year, the latest sign that an economic recovery marked by a stock market boom has not trickled down to ordinary Americans.
Fed surprises, sticks to stimulus as it cuts growth outlook
It wants to wait for more evidence of solid economic growth before making any changes.
IMAGES: CEOs making billions through company stocks
Let's take a look at some chief executives making billions thanks largely to stocks.
PHOTOS: 28 countries spending most on road infrastructure
Let's take a look at some countries spending a lot on improving their roads.
September 18, 2013
With economy sinking, India gets tough with 'babus'
India's finance ministry on Wednesday ordered small-bore austerity measures including a ban on holding meetings at five star hotels and creation of new posts in federal departments, at a time when government revenue growth has slowed down.
BSE: Top gainers and losers
Markets ended on a strong note after an extremely volatile trading session this Wednesday, on back of significant buying witnessed in the realty and bank spaces.
RBI, FinMin mull steps for cheaper auto, home loans
Reserve Bank of India Governor Raghuram Rajan, who will present his maiden policy on September 20, held discussions on Tuesday with Prime Minister Manmohan Singh and Finance Minister P Chidambaram on the macro-economic situation.
10 business people we'd like to see contesting the next election
Will Nandan Nilekani actually fight the elections? While the I-T czar says the question is speculative, here's our list of 10 eminent business leaders who should get on the stump.
BlackBerry unveils the Z30 with 5-in display, updated OS
The phone has bigger battery, better audio and the antenna is based on a newer technology that allows better reception and faster browsing.
A few useful tips to avoid financial crunches
Managing your finances efficiently is extremely critical in financial planning.
Why onion prices are as high Rs 80/kg?
Onion prices both in wholesale and retail markets in most parts of the country have seen a sharp increase since July.
Meet the nuclear physicist who builds ports
If you are proud of your birthplace you will be happy, says Vijay Papparao, in a conversation with
Flipkart: From a revenue-guzzler to an asset-light e-tailer
The company has often come under scrutiny for being dismissive about 'profitability' and unmindful of the high cost of running an inventory-led business, aided by deep discounts and free shipping.
We need to look beyond gloom & doom: Mukesh Ambani
Sounding confident that the economy will overcome the current crisis, Reliance Industries chairman Mukesh Ambani said there is a need to look beyond the gloom and doom.
Polo GT TDI: Most powerful diesel car in its segment
The hot hatch comes with the right balance of power and mileage.
Why reviewers love the new iPhone 5S
The fingerprint reader on Apple Inc's top-end iPhone 5S received an early thumbs up for ease of use from two influential reviewers.
How Pakistan, China get sensitive information on India
The government believes heightened awareness among its staff could be the only effective way to counter attempts of foreign agencies.
Why Ranbaxy's big setback is not yet OVER
US drug regulator's fiat on Mohali factory, after strictures on the two other major Indian units, has numerous negative implications.
India Inc optimistic while Asia's business sentiment drops
Business sentiment among Asia's top companies deteriorated in the third quarter, led by businesses in export engines such as China and South Korea, ending three consecutive quarters of improving sentiment.
Bombardier CSeries: Will it replace Boeing, Airbus?
Bombardier Inc's CSeries jetliner successfully completed its first flight on Monday, a key step in a $3.4 billion program to develop the first all-new narrow-body plane of its size in decades that the company hopes will increase sales.
PHOTOS: How the journey of mobile phones began 40 years ago
Let's take a peek into the journey of mobile phones.
China opens world's HIGHEST civilian airport
China opened the world's highest civilian airport on Monday, in a restive and remote Tibetan region of southwestern Sichuan province, which will cut journey times from the provincial capital from two days to a little more than one hour.
World's best cities to live in and do business
New York is the world's best city to do business, live in and visit, says a global study conducted across 24 countries.
IMAGES: Which is the largest automaker in the world?
Let's take a look at some of the biggest manufacturers of vehicles in the world.
September 17, 2013
In search of NSEL stock, a money puzzle unravels
Visits made by Business Standard to several borrowers in Ludhiana, Panchkula, Delhi, Mumbai, Ahmedabad and Hyderabad found that several borrowing entities have links to real estate.
We cannot afford to subsidise petroleum products: Montek
Planning Commission Deputy Chairman Montek Singh Ahluwalia says investors are aware the government is addressing various problems in the economy.
It's the GDP, stupid
'India should exit Hubristan and stop patting itself on its back for 5 years of rapid growth, and all the Rolls Royces, BMWs and private jets owned by its billionaires, and instead focus on the urgently needed reforms to get GDP growth back in the 7 to 8 pc range and higher,' says .
How Hyundai plans to take on Maruti Suzuki
It will introduce new cars across segments and also target rural India to push up sales.
Samsung unveils Note 3 for Rs 49,900 in India
Both Note 3 and Gear will be available in 100 stores in Delhi, Mumbai and Bangalore from Tuesday.
Why India cannot grow as fast as China
In the past two decades China grew at a breakneck speed keeping its debt low and the quality of its infrastructure high.
Free Android app for women's safety
All one has to do is set some emergency contacts and your phone will send them an emergency SMS with a preset message.
Bill Gates tops Forbes rich list as Americans get richer
The richest 400 Americans are significantly richer in 2013 than they were last year and younger Americans are accumulating wealth at a faster clip than their baby boomer counterparts.
IMAGES: 15 most attractive countries for expatriate workforce
Let's take a look at nations most attractive to those seeking employment overseas.
Rolls-Royce grows an Indian heart
Patronised by maharajas for decades, it is customising now with deeper distribution and car editions.
India among countries with highest unemployment rate
Countries such as Pakistan, Indonesia, Kazakhstan, and Sri Lanka have a lower unemployment rate compared to India.
Want to scribble on your phone? Try Micromax Doodle 2
The Doodle 2 is for those who like to draw or scribble on their phone and picks up where its predecessor, the A111 Canvas Doodle, left off.
US firms back India's case on immigration Bill
IBM writes to US Congress; Premji meets Biden
Revealed! Toyota to launch Innova facelift within 20 days
There would be a new top-end variant called the Z, which will cost Rs 17.5 lakh.
5 reasons why stock markets think Modi is good for them
CEOs have voted for a strong leadership, intent, decision and action, which Modi has demonstrated in Gujarat.
September 16, 2013
Volkswagen launches Polo GT diesel at Rs 8.08 lakh
Most powerful diesel hatch in its category with a mileage of 19.78kmpl.
Scorpio Special Edition: Luxury features at attractive price
The SUV costs the same as the VX variant.
Do Indians trust their banks most in the world?
Let's take a look at how much trusts banks have in some of the major markets.
Hyundai unveils new i10 at Frankfurt Motor Show
The new i10's virtues are functionality and space, fresh design, refined ride and a silent cabin.
The most CORRUPT countries in the world
Transparency International surveyed over 114,000 in 107 countries to check the prevalence of corruption in each of these nations and the results were startling.
The situation in India is grave but hardly hopeless
The immediate challenge to faster growth is to restore stability to the currency markets.
Inflation adds to headaches for Rajan's first meeting
Rajan has already warned he does not have a 'magic wand' to deal with India's economic crisis.
In US, Murthy tries to change 'arrogant' image of Infosys
Murthy's recent US trip helped to curb company's inflexible, arrogant perception
Nokia Lumia 625 is good, bad or just about OK?
Ideal for those who like to watch videos on the go, the 625 is a solid phone packed with a lot of features to attract users.
Tata Consultancy Services to remain leader in IT pack
Tata Consultancy Services (TCS) is likely to maintain its leadership position over the next three years backed by a strong and satisfied client base.
September 13, 2013
Petrol price hiked by Rs 1.63 a litre; 7th increase since June
Petrol price has been hiked by Rs 1.63 per litre, excluding VAT, with effect from midnight tonight.
BSE: Top losers and gainers
At close, the Sensex was down 49 points at 19,733 and the Nifty was relatively unchanged at 5,851.
Ford recalls 1.66 lakh units of Figo, Classic
The recall will impact different batches of Figo and Classic models manufactured between January 2010 and June 2012.
'Petrol price hikes to help meet fiscal deficit target'
Although the government has started phasing out the subsidy on diesel sale, it continues to supply kerosene and LPG cylinders at subsidised rates.
Rupee at current level is well corrected: Rangarajan
The rupee has recovered to trade at 63 level after hitting its life-time low of 68.85 towards August-end.
House prices tumble as buyers delay purchases
As stricter RBI guidelines, rising inventory and the slowing economy leave developers reeling, buyers are bargaining harder to strike a deal.
RBI to keep monetary policy tight till rupee stabilises: PMEAC
The time frame for this is difficult to specify and much depends on stability in the foreign exchange markets, Prime Minister's key economic advisor C Rangarajan said.
Why Rangarajan thinks India should not be downgraded
Recently, Standards and Poor's had said that there is one third possibility of a rating downgrade of India.
The ugly spat between Vikram Bakshi and McDonald's
The war of words that has broken out between Vikram Bakshi and McDonald's Corporation is the latest in the long list of ugly spats between Indian businessmen and their overseas collaborators.
PHOTOS: Twitter takes first step toward going public
Twitter has filed for an initial public offering with US regulators.
Markets turnaround: Why we shouldn't be complacent
Some commentators now expect the current account deficit for this year to drop below $70 billion.
PM's advisory council lowers growth forecast to 5.3%
The Prime Minister's Economic Advisory Council has projected India's GDP growth at 5.3 per cent in 2013-14.
BlackBerry 9720 is a GOOD buy at Rs 15,999
The 9720 comes in the classic BlackBerry shape and the Qwerty keyboard is easier to use than the BlackBerry Q5.
Asian countries with the richest people: India at No 3!
The world's richest are getting richer despite the economic crisis.
Falling rupee is not about gloom and doom only
The German sportswear brand Puma's India arm, Puma Sports India (Puma), has found a way around despite a high proportion of imports.
IMAGES: 25 most open economies in the emerging world
Let's have a look at some of the most open economies in the emerging markets.
This monstrous Brabus B63S makes a Hummer look SMALL
Powering this monster is a 5.5-litre V8 Bi-Turbo engine with the Brabus B63S tuning that produces 960Nm of torque.
Delhi has the HIGHEST per capita income in India
The per capita annual income in the national capital has increased to Rs. 2.01 lakh in 2012-13 compared to Rs 1.73 lakh in the previous fiscal, which is three times the national average and highest in the country.
Suzuki unveils NEW Swift at Frankfurt Motor Show
The new version has LED daytime running lights and silver detailing to the lower front bumper.
15 AMAZING facts that trace the rise of Google
Let's take a look at some amazing facts that trace its history.
India's messy economy: Blame the non-functioning govt
Persistent deficits, galloping inflation, stalled infrastructure showed up a non-functioning government.
World's CHEAPEST Jaguar to take on BMW, Audi
The car offers high emotional appeal with performance to match.
September 12, 2013
BSE: Top losers and gainers
The Sensex closed down 216 points at 19,782 and the Nifty slipped 62 points at 5,851.
Petrol may be cheaper by up to Rs 1.50/litre
Petrol prices may be cut by as much as Rs 1-1.50 per litre next week on falling international oil rates and appreciating rupee but a one-time hike in diesel
'RBI to get glimpses of Rajan's technical acumen soon'
A few market and economic indicators have begun looking up, thanks to what many term the 'Rajan effect'.
Why thousands are losing jobs in India
India Inc's hiring outlook has become the weakest in the past eight years in the Asia-Pacific region, even as job losses have emerged as a critical concern.
These are the BEST countries to live and work!
Let's take a look at some nations that offer best environment for living and working.
Why India's economy is in such a mess
Investors have lost confidence in the economy, says Professor Arun Kumar, Sukhamoy Chakravarty Chair at the Centre for Economic Studies and Planning, Jawaharlal Nehru University.
IMAGES: The magical Apple iPhone through the years
Since its launch in 2007, iPhone has always been the benchmark for smartphones. It has revolutionised the way smartphones looked, felt and worked.
Apple, Google back in court over mobile phone patent lawsuit
Apple and Google subsidiary Motorola Mobility on Wednesday squared off in court over whether a judge should reopen a lawsuit in which the companies accuse one other of illegally using their patented mobile phone technology.
Former US Ambassadors call for India friendly immigration norms
Five former American ambassadors to India have written to top US lawmakers urging removal of visa provisions which, they say, are not in US economic interests and also stand to complicate relations with India.
7 SAFE stocks when the markets are volatile
Their positioning and prospects in the respective sectors should help these companies generate steady cash flows. That they have low debt and are available at reasonable valuations is a bonus.
Stunning cars you would LOVE to drive!
The Frankfurt Auto Show has a glittering showcase of cars from manufacturers across the globe.
Pricing could SPOIL the iPhone party
For many, Apple's highly anticipated launch on Tuesday was to be the answer to consumers in India, China and other emerging markets who craved some iOS magic in their life but could not afford its previous range.
25 economies having highest debt in the world
Let's take a look at economies that have some of the highest debts in the world.
TCS is now world's 2nd most valuable IT firm
With a market cap of $60 billion, exceeds Accenture and HP but trails IBM
Is India among the happiest countries in the world?
Let's take a look at some of the happiest nations.
Rupee becomes Asia's best-performing currency!
With September 11's rise, has appreciated 5.5% in just a week
September 11, 2013
BSE: Top gainers and losers
The BSE benchmark index -- Sensex closed unchanged at 19,997 and the 50-share Nifty added 16 points to settle at 5,913.
IMAGES: Sachin launches cricket mode LED TV
Toshiba India has introduced a new cricket mode LED TV series in India.
Economic gloom? India sees largest rise in super-rich club
The study focuses solely on persons with a net worth of $30 million and above (after accounting for shares in public and private companies, residential and investment properties, art collections, planes, cash and other assets).
'India needs Rs 2,000 crore a day of capital inflows'
It is time to reform the RBI and the ministry of finance, says Dr Ajay Shah of the National Institute of Public Finance and Policy, New Delhi.
25 countries with BEST and WORST current account balance
Let's take a look at how countries are placed when it comes to current account deficit.
Duvvuri Subbarao: Green horn that locked horns
Under his leadership, RBI kept the domestic markets, to a large extent, alienated from the international meltdown to avoid liquidity or solvency cascades.
These airports spent BILLIONS on development
The list include three Indian airports in Mumbai, Delhi and Kolkata.
How India can take advantage of the cheaper rupee
The rupee's sharp depreciation has been the most important issue in the current debate on the state of the economy.
Rupee: 5 biggest single-day gains
The Indian currency on September 10 rose 141 paise
India's 20 most RESPECTED companies
Tata Consultancy Services has surpassed Infosys to become India's most respected company.
IMAGES: World's coolest futuristic buildings
Some architectural wonders are changing the landscapes of cities. Here are 15 of them.
'Indian politicians do not worry about the nation'
They should open up their market to countries like Australia, Germany, America and other free market economies.
Apple launches 2 stunning iPhones
Apple's 2 new iPhones target high and low-end markets
September 10, 2013
BSE: Top gainers and losers
The BSE benchmark index -- Sensex rallied 727 points or 3.77% to settle at 19,997 and the 50-share Nifty surged 216 points to shut shop at 5,897.
Mr PM you are wrong; cheap rupee will not boost exports
Hurdles ranging from erratic taxes throttling special export zones to a cash crunch and clogged ports are killing exports.
IMAGES: Stunning cars you will drive in future
Automakers big and small share their visions for the future.
Mahindra launches Scorpio Special Edition; to sell 500 units
The SUV has leather upholstery in tan and beige, leather wrapped steering wheel, glossy wood finished centre console and roof mounted DVD player.
Domestic car sales up 15.37%
Domestic passenger car sales grew by 15.37 per cent to 1,33,486 units in August this year compared to 1,15,705 units in the same month of 2012.
Can Microsoft win the loyalty of Nokia fans?
Microsoft simply lacks Nokia's retail and supply chain experience in the Finnish company's most important markets.
House prices tumble as buyers delay purchases
As stricter RBI guidelines, rising inventory and the slowing economy leave developers reeling, buyers are bargaining harder to strike a deal.
Why holding on to shares can save tax liability
Don't sell the shares immediately after you get possession. It might translate into tax liability, if not held for one year or more.
Land distribution: Jairam Ramesh bowls a googly
Draft land reforms policy stops religious & educational bodies from using more than 15 acres.
Indian carriers among MOST PUNCTUAL airlines in Asia
Let's take a look at some of the most punctual carriers in the world.
10 blue chip stocks that FIIs are DUMPING
Foreign institutional investors (FIIs) have a reason to worry because the falling rupee is putting at risk the $100 billion they have pumped into Indian equities since 2009.
Syria crisis looms large over stock markets
Shares are likely to remain volatile in the week ahead as uncertainty heightens over Syria.
Are rupee changes linked to elections?
It's an interesting theory but the reality isn't so simple, say experts.
September 09, 2013
Rajan is doing his bit, will the politicians follow?
It took three years of collective fiscal profligacy and policy mismanagement to cause this crisis.
How to buy a cheap luxury car
Car manufacturers have dedicated programmes for used cars and even offer financing schemes for these.
Sony's Xperia Z Ultra is a great smartphone, but...
Here's why it's not a phone which will appeal to many.
AirAsia India set to miss Dec take-off deadline
New DGCA rules stipulate airlines have to apply for permit at least 90 days before launch
Tired of long hours in office? Try these countries
Let's take a look at some nations that have shortest working hours.
Bottoms up! Countries that consume most alcohol
Let's take a look at some countries that consume most alcohol.
Why the Rajan rally will not continue
The spurt in banking may be short-lived because of his limited options
Iran may spoil govt's plan to curtail dollar dependence
Use of Iranian crude oil in Indian refineries came down by over a quarter in 2012-13.
It's not markets, other financial sectors need ATTENTION
The market is holding up pretty well in the face of a lot of bad news.
September 07, 2013
G-20 extends its commitment against protectionism until 2016
Recognising the risk of economic slowdown and weakening trade posed by protectionism, the G-20 has decided to extend until the end of 2016 its standstill commitment to further progress in removing barriers and impediments to global trade and investment.
Slowdown: Thousands of contract workers lose jobs in India
With India's manufacturing sector slamming the brakes on production, the fallout is being felt by contractual labourers.
September 06, 2013
BSE: Top gainers and losers
The 30-share Sensex rose 290.30 points to end at 19,270.06 and the 50-share Nifty gained 87.45 points at 5,680.40 levels.
Is the worst really OVER for rupee?
While the RBI has been intervening heavily in both spot and forward markets to support the currency, especially when it nears its record lows, there are technical signs that the rupee is set for some near-term consolidation.
Don't fear visa curbs, hire locals, says Narayana Murthy
Indian IT industry had expressed concerns over the visa restrictions set out in the US Immigration Reform Bill that could hit their business hard.
Survey shows India Inc firmly in Modi camp
Nearly three-quarters of Indian business leaders believe the government has mismanaged the economy and want opposition leader Narendra Modi to lead the country.
Stagflation: Biggest challenge for Raghuram Rajan
Rajan's call to diaspora can't stem rupee rout.
Rajan's key measures to stabilise the rupee and its impact
Raghuram Rajan - the new Reserve Bank of India (RBI) governor - has announced a slew of measures to attract capital flows in the country to provide support to the rupee which has depreciated around 22% in the current financial year.
India may announce steps to cut fuel use this month
India, where energy consumption per person is among the lowest in the world, has little elasticity in its fuel use as it tries to power exports and agriculture to help boost its economy and stave off a currency crisis.
COLUMN: Is Infosys losing its corporate governance sheen?
There are solid reasons recent observations at the company raise question marks about its adhering to corporate governance in spirit.
Why the fare hike won't help airlines
Price war started by Jet Airways to cap rise in fare across airlines this season.
How Samsung DISLODGED Nokia from the top
Going forward, the Korean company's real competition could be nimble-footed Indian companies, more than the Nokia-Microsoft combine.
Vikram Bakshi set for BATTLE against McDonald's
On August 30, McDonald's had announced in a public notice that Bakshi would no longer be the India MD and the JV would be run by the board.
Coordinate monetary policies, PM tells developed world
QE tapering looms large over G20 summit; Singh says India on path of reforms, difficult ones to come.
Brics to float $100-bn currency pool
China would contribute $41bn towards the pool. Brazil, India and Russia would contribute $18bn each; South Africa $5bn.
How Next-Gen entrepreneurs are minting money
While remaining tied to their family's core business, they are venturing into new areas and even roping in private investors to grow.
IMAGES: Best banks to work for in the world
Let's take a look at some of the best banks for employees in the world.
22 employees who earned more than their CEOs
The compensations are obviously rewards for the stellar performances.
Morgan Stanley slashes Sensex target to 18,200
American brokerage Morgan Stanley on Thursday slashed its Sensex target for the next 12 months to 18,200, citing weakening macro fundamentals of the economy.
Sony unveils Xperia Z1 with mind-blowing 20.7 MP camera
Its 20.7MP camera with an award-winning lens is the main feature of the phone.
Luxury hatches: BMW 1 Series vs Mercedes A Class
BMW has a huge task of luring buyers. Mercedes managed 400 booking of A Class within 10 days of launch.
September 05, 2013
IMAGES: India among world's biggest stakeholders in US economy
Let's take a look at countries holding biggest stake in United States's Treasury securities.
A website offers onions at Rs 9 per kilo!
High prices are making people shed tears for onions before they are even chopped, but now a website is offering the bulbs at prices as low as Rs 9 per kilogram.
Why Raghuram Rajan alone CANNOT revive India's economy
It is the government and its policies and attitude toward FDI that is at the root of the problem.
Raghuram Rajan is a hit on first day, can he sustain it?
Raghuram Rajan receives rock-star welcome on his first day in office as Governor of Reserve Bank of India. But the question lingers: Can he sustain it?
Why restrictions on home loans is a good move
India's real estate sector, many fear, is unstable.
H-1B visas: Why does the US blame Indian firms?
Indian and Indian-American IT businesses are being scapegoated for abuse of the visa programme - using it for cheap, immobile labour - that actually pervades the entire industry.
Most competitive countries in the world; India ranks 60
India has dropped a place in the latest global ranking of most competitive nations by World Economic Forum.
Slowdown? Salaries of Indian CEOs have DOUBLED!
Compensation package for CEOs has hit Rs 20 crore excluding stock options. It was Rs 10 crore 4-5 years ago.
Tata Motors to launch DIESEL Nano car by March
Tata Motors will launch a diesel-powered version of its ultra-cheap Nano by the end of March 2014, its managing director said, hoping to kick-start demand for the model after years of disappointing sales.
SPECIAL: When gold saved the day for India
The pledging of gold to tide over a balance of payments crisis in 1991 became an emotive national issue at the time.
10 things you wanted to know about the new pension bill
Under the NPS, every subscriber will have an individual pension account, which will be portable across job changes.
Markets cheer Rajan's maiden steps; Sensex up 400 pts
Benchmark indices end at a three week high but Nifty remains shy of 5,600 level.
Samsung launches smartwatch, Galaxy Note 3
Samsung's Galaxy Gear smartwatch works as an accessory to its market-leading Galaxy smartphone, with a small screen offering basic functions such as photos, hands-free calls and instant messaging.
Armadillo-T: A car that folds in half for easy parking
Korea Advanced Institute of Science and Technology has developed the car.
This is what Raghuram Rajan needs to focus on
The new Guv needs to focus on structural inflation problems.
September 04, 2013
Rupee has lost 1/5th of its value against dollar: PM
The prime minister made a reference to orderly exit from unconventional monetary policies in the backdrop of splits between emerging markets and the US.
Raghuram Rajan unveils big initial package, promises more
New RBI Governor Raghuram Rajan on Wednesday came out with a slew of measures, including more trade settlement in rupees to rescue the battered financial markets
Palace on Wheels train begins season's first journey
A joint venture of Indian Railways and Rajasthan Tourism Development Corporation, the train with all modern facilities will travel to Jaipur, Sawaimadhopur, Chittorgarh, Udaipur, Jaisalmer, Jodhpur, Bharatpur and Agra before returning to the capital.
Monetary stability is RBI's prime role: Rajan
"This is not an easy time as economy faces challenges. Our actions will be at measured pace given the current market turmoil," Raghuram Rajan said after he took charge as the new RBI Governor.
Top bankers repose confidence in Rajan, wish him success
Top bankers on Wednesday exuded confidence that Raghuram Govind Rajan, who today took over as the 23rd Governor of the Reserve Bank, has the intellectual prowess to
The woes of the falling rupee!
As the nosediving rupee shatters foreign-education dreams and eats away the country's much-vaunted forex reserves -- to mention just two fallouts -- takes up pen and paper to outline what the common Indian is feeling.
Food Bill: Boon for politicians, bane for economy
Whatever may be their flaws and the adverse impact on industry or the Centre's finances, the food security and land acquisition Bills are likely to be seen by voters as people-friendly initiatives
Raghuram Rajan takes over from Subbarao at RBI
Raghuram Rajan becomes the 23rd governor of Reserve Bank of India.
'India's situation not comparable with 2008-09 crisis'
Chief Statistician T C A Anant says this a unique crisis and should be dealt with keeping the current situation in mind.
Apple to unveil two new iPhones on Sept 10?
Apple may launch two new models this year - an upgrade to iPhone 5 and also a cheaper version of the phone.
How the government can stabilise the rupee
The shortage of capital flows into emerging markets is unlikely to go away in a hurry.
IMAGES: Biggest merger and acquisition deals in the world
Let's take a look at some of the biggest M&A deals in the world.
India Inc upbeat on Rajan's appointment as RBI chief
Declining value of the rupee, widening Current Account Deficit (CAD) and the impact of likely tapering of US bond purchases are some of the key issues which will keep Raghuram Rajan busy.
Flying to get COSTLIER by up to 30%
Air fares up 20-30 per cent as operating costs mount.
Why the market rally is likely to be short-term
Mass downgrades of GDP projections make it likely that there will be another wave of FII selling fairly soon
Rupee gains; heavy RBI hand seen
Raghuram Rajan, a former chief economist at the International Monetary Fund, takes charge at the RBI as the country faces its worst economic crunch since a balance of payments crisis two decades ago.
BMW launches stunning 1 Series; starts at Rs 20.9 lakh
The petrol variant offers 16.28kmpl mileage and the diesel offers 20.58kmpl.
Rajan may lift capital controls on India Inc
Individuals will have to wait for some more time; RBI may do away with mid-quarter policy reviews.
Sensex, Nifty rise riding on global cues
The broader markets were positive with mid-caps and small-caps gaining 0.4-0.6 per cent on the E.
Can elections help REVIVE the markets?
Though analysts suggest that there are downside risks to economy, by announcing/advancing general elections, markets would be able to look beyond uncertainty.
Raghuram Rajan to step into eye of rupee storm
Rupee has tumbled about 10 per cent alone since Rajan's appointment on August 6.
September 03, 2013
BSE: Top losers and gainers
Markets ended Tuesday's session on an extremely weak note with benchmark indices falling nearly 3% each after the rupee depreciated closer to its all time low level of 68.80.
Black Tuesday: Why the rupee, shares PLUNGED
The S&P warning was largely a repeat of comments made to Reuters in late August, and no missiles were reported to have landed in Syria, but Indian investors were so unnerved that the reports exacerbated a sell-off in the rupee and local stocks.
Hyundai finally launches Grand i10 at Rs 4.29 lakh
The diesel variant has an average of 24kmpl while the petrol delivers 18.9 kmpl.
How to cut oil import bill? Mr Moily has no clue
Veerappa Moily's suggestions on oil use do not inspire hope
25 companies where it's MOST DIFFICULT to get a job
Let's take a look at corporations where securing employment has been rated most difficult.
Countries where property prices have FALLEN and RISEN
Let's take a look at the global real estate market.
Microsoft to buy Nokia's phone business for $7.2 bn
Buying Nokia's gadget business thrusts Microsoft deeper into the hotly contested market
Will Narayana Murthy succeed in his second innings?
NR Narayana Murthy came out of retirement in June to run a floundering Infosys.
10 longest SUVs in the world
If you think Hummer would have topped, then here's a surprise: It does not even feature in the top 5.
Subbarao's 5 years: Managing crisis to managing conflict
Within days of assuming charge, he faced allegations of having made RBI the finance ministry's extension counter.
Sensex pares losses after plunging 700 points
RIL and ITC accounted for 25% fall in the Nifty.
Why you should not buy insurance before October
The new-look traditional products will have higher surrender value and lower commission.
Nokia can take on competitors with the Lumia 925
With its new smartphone, Nokia seems to have finally got a phone which deserves to be called its flagship model, a potential game-changer.
Vijay Mallya blames ALL but himself for Kingfisher woes
Kingfisher Airlines Chairman Vijay Mallya has blamed almost everyone, including engine suppliers, employees, banks and tax authorities, for grounding of the carrier since October last year.
September 02, 2013
No plan of 12-hour curfew on sale of petrol: Moily
Petroleum Minister Veerappa Moily takes a U-turn on the suggestion of keeping petrol pumps shut from 8 pm to 8 am.
Tata, M&M car sales slump; falling rupee to hurt industry
Domestic sales for two big Indian automakers tumbled in August on rising fuel costs and interest rates.
India among countries facing severe manpower shortage
Globally, over 38 per cent employers are facing difficulties filling jobs with the right candidate.
Gold smuggling has actually ZOOMED!
As govt tries hard to choke the metal import, entry through unofficial channels doubled to 60 tonnes in first 5 months of this financial year
Chidambaram's third innings as FM goes for a toss
Chidambaram has been grappling virtually alone with the economic emergency since he became finance minister for a third time 13 months ago.
HM launches Ambassador Encore, costs Rs 4.98 lakh
The Encore's 1.5-litre diesel engine promises better power and torque.
Maruti back with a bang! Sales up 61%
The company said sales of the compact segment comprising Swift, Estilo, Ritz surged over two fold to 17,409 units
25 countries offering best business environment
Let's have a look and see where India ranks among countries offering best business and life environment.
These 6 people are responsible for India's economic crisis
These six people have created a political climate more difficult for business, indeed more hostile to business, than at any time since the mid-1980s.
PHOTOS: Most beautiful convertible cars in the world
Let's take a look at some of the best convertible cars in the world.
In your mobile app store, the dollar is still just Rs 55
Playing games on your fancy tablet or mobile continues to be cheap.
2004 once more: IT back as market BELLWETHER
The stock market comes full circle; pharma also gains prominence, courtesy rupee depreciation
25 countries providing best healthcare systems
Let's take a look at some nations that have most efficient medical systems in the world.
FALL of high profile wickets shakes Infosys
In yet another high profile exit at Infosys, India's second-largest information technology (IT) services company, Ashok Vemuri, head of operations (Americas) and global head (manufacturing and engineering services), has resigned.
August 30, 2013
BSE: Top gainers and losers
The 30-share Sensex ended up 219 points at 18,620 and the 50-share Nifty ended up 63 points at 5,472.
Infographic: Stock markets during August 2013
Benchmark indices closed higher on the last day of August, amid volatile trading session led by FMCG and IT shares.
India's GDP growth at 4-year low in June quarter
Hurt by a contraction in mining and manufacturing.
NSE among the WORST performing stock markets in the world
The Indian market is the second worst performing, followed by Brazil, among major global markets so far in 2013.
Beware! Online banking malware a serious and growing threat
Trend Micro's Security Roundup Report says there's been a huge jump in unauthorised access to your personal data; familiarity with prevention tools a must.
Rupee slide worrying but also good for the economy: PM
It will have positive impact on exports competitiveness in the coming months.
Freelander 2 S Business: Cheaper price, brilliant performance
The manufacturer has dropped the bells and whistles to bring down the cost. The SUV, at heart, is the same and offers brilliant performance.
IMAGES: Cities that offer best quality of life
Let's take a look at some of the best and worst cities in the world.
Five best ways to deal with pink slips
Getting emotional won't help; have a well-planned exit strategy even when you are getting into your first job.
India Inc frustrated over govt's failure to revive economy
Corporate leaders say economy going through troubled phase which is raising concern among global investors about investing in India.
What if your employer does not deposit EPF money
EPF subscribers whose accounts have not been credited with deducted money can complain to EPFO or labour ministry.
Now, NRIs turn wary of India as growth falters
The patriotism of wealthy overseas Indians has helped the country avert economic crises in the past and it is little surprise that embattled policymakers are turning to them again to plug a record trade gap that is battering the rupee.
Vemuri's exit casts shadow on succession plan at Infosys
The exit of Ashok Vemuri, board member and head of the Americas and manufacturing at Infosys, seems to have shaken the company's much-prided succession plan.
Market sentiments improve, Sensex surges over 200 points
The main gainers on the Sensex were Bajaj Auto, TCS, Cipla, HDFC, HDFC Bank.
After House okay, land Bill gets India Inc red flag
Industry says legislation will increase cost and timeframe for setting up new enterprises.
6 Indians among college-dropout billionaires
Let's take a look at billionaires globally who left their studies incomplete and still managed to make it big.
August 29, 2013
EXCLUSIVE: Jairam Ramesh on why India needs a new land bill
The principle objective of the Bill is fair compensation, says Rural Development Minister Jairam Ramesh in an exclusive interview.
Govt to offer 100% stake in 6 airports to private operators
The government is open to giving 100 per cent stake to private parties in six select airports, including Kolkata and Chennai.
BSE: Top gainers and losers
The Bombay Stock Exchange's 30-share Sensex closed at 18,401 up 405 points. The National Stock Exchange's 50-share S&P CNX Nifty closed at 5,409 up 124 points.
Rupee crash is BAD news for car buyers
German luxury car maker Mercedes-Benz on Thursday said it will hike prices of its entire model range in India by up to 4.5 per cent from September 1 to partly offset impact of rupee depreciation and higher import duties.
Why Lavasa simply can't stay out of controversy
Lavasa Corporation is rushing to complete its township. No one knows if the promoter is complying with environmental conditions on which it was allowed to resume work.
10 companies that have most inspiring leadership
Let's take a look at some companies that have most inspiring leaders.
12 products that were not made for general public
Let's take a look at some inventions that were meant to be solely used by the military, but ended up being used by everyone.
Special: Why is GOLD so dear to everyone?
Besides its metallic properties, there is much more to gold that makes it an obsession to mankind.
Brace for more market volatility and downside
There is a general meeting of minds among observers on the difficulty of positive factors breaking through.
India faces a DIFFICULT economic situation: PM
With falling rupee and rising oil prices casting a shadow over Indian economy, Prime Minister Manmohan Singh on Thursday said the country is faced with a difficult economic situation for which some domestic factors too were responsible.
Toyota launches Camry Hybrid in India, priced at Rs 29.75 lakh
The fuel efficiency of the vehicle is 19.16kmpl.
How savvy D-Street traders doubled money in August
Two categories of market participants seem to have made a lot of money in the past couple of weeks, short-sellers and volatility traders.
Is this how we will live in FUTURE?
Belgian architect Vincent Callebaut has come up with some futuristic concepts of what the green cities of tomorrow might be like.
Tata launches Safari Storme Explorer, costs Rs 10.86 lakh
There are no mechanical upgrades. You get an Explorer front nudge guard, a chrome garnish for the projector headlights and taillights.
August 28, 2013
Infographics: BSE Sensex's top gainers and losers
Markets scripted a dramatic 547-point rebound from lows to close in the positive zone.
Rupee crashes, government says no need to panic
As the rupee fell below the 68-mark and global agencies painted a gloomy outlook for the
CRISIS: BNP cuts India's GDP forecast to 3.7%
Financial services major BNP Paribas on Wednesday cut India's GDP growth forecast for the current fiscal to 3.7 per cent from 5.7 per cent earlier, saying the country's 'macro muddle' is fast approaching crisis proportions.
There's a lack of leadership in the country, says Ratan Tata
Government is pulling in different directions and we are not consolidating on government, says Ratan Tata.
Why one should AVOID forecasting markets
Instead, the focus should be on fixing the economy.
Good news! Mumbai Metro to start this year
Reliance Infrastructure said it plans to commission the Mumbai Metro rail project this year.
Anil Ambani to team up with Mukesh's Reliance Jio
Deals between the two could earn RCom Rs 14,000 cr, says Anil Ambani.
IMAGES: 28 countries where it's easiest to start a business
Let's take a look at India and 28 other nations where it's easiest to start a business.
Mumbai Metro among world's MOST challenging infra projects
When completed, these ambitious projects would change cities and some may even change nations.
'Govt should let the rupee get to 200 or 230 by year-end'
The fall of the rupee has just become a symbol of all that has gone wrong with India lately.
Housing prices FALL in these 22 Indian cities
Housing prices in 22 major cities, including Delhi and Mumbai, are witnessing downward trend in April-June period compared to the previous quarter due to slowdown in demand, National Housing Bank said.
Women CEOs with the HIGHEST salaries
In the male-dominated corporate world, these women have proved their mettle and turned out to be inspiring and successful role models.
Markets end flat after falling over 2%, IT stocks gain
The broader markets ended with mid-caps and small-caps dropping nearly 1 per cent on the BSE.
Is it a good time to enter the equity markets?
For stock market investors, things have turned worse.
August 27, 2013
BSE: Top losers and gainers
The 30-share Sensex declined 590.05 points or 3.18 per cent to close at 17,968.08 and the 50-share Nifty dropped 189.05 points or 3.45 per cent at 5,287.45 levels.
Chidambaram too agrees, rupee is still UNDERVALUED
With rupee again crossing 65-to a dollar mark, Finance Minister P Chidambaram today said the currency is undervalued and hoped it will find its appropriate level.
Bloodbath at the bourses: Sensex ends down 590 points
Rupee has lost close to 16 per cent this year making it one of the worst Asian currencies so far.
India approves raft of projects to kick-start investment
The Indian government said on Tuesday it had approved a raft of infrastructure projects worth Rs 1.83 lakh crore (Rs 1.83 trillion) to revive economic growth and restore investor confidence after a crash in the rupee to record lows.
Chidambarm too agrees, rupee is still UNDERVALUED
With rupee again crossing 65-to a dollar mark, Finance Minister P Chidambaram today said the currency is undervalued and hoped it will find its appropriate level.
COLUMN: Fall of the rupee only a symptom of India's mess
India imports more than it exports, so the rupee's decline will hurt more than it may help.
Fastest-growing brands in the world
Let's take a look at some of the fastest-growing brands in the globe.
How National Spot Exchange got into a bind
Few financial products could match its derivative contracts that always sold at a premium. But the exchange forgot one crucial link: to back its contracts with solid assets.
SPECIAL: Meet the culprits behind India's economic mess
In the name of regulation, control has taken over the economy; systemic checks and balances are failing.
Is Ambani's Antilia ugliest building in the world? Your say...
Eyesores from around the world that may make you cringe.
'We need growth to create jobs'
Creation of jobs, easing supply-side constraints, improving productivity and India's competitiveness in manufacturing to boost exports are some measures Vikas Khemani, President, Co-Head Wholesale Capital Markets, Edelweiss, advocates to mend India's tottering economy.
Can Volkswagen Cross Polo take on EcoSport, Ertiga?
The compact SUV has better features to Polo hatch.
Reviving the economy won't be easy for Raghuram Rajan
The rupee's travails allow the RBI's incoming governor to renegotiate the objectives of monetary policy.
What exactly is Rohan Murty's role at Infosys?
Some media reports stated that Rohan has been designated as a vice president, which is a relatively senior position in the company.
Falling rupee can help resolve India's economic woes
Economist Arvind Panagariya tells Suman Guha Mozumder that the rupee is doing a much-needed clean-up job, raising exports and cutting imports. And it must be allowed to do so.
August 26, 2013
BSE: Top gainers and losers
The 30-share Sensex ended up 39 points at 18,558 and the 50-share Nifty ended up 5 points at 5,477 levels.
'Crores spent on populist schemes hits the economy'
In a veiled reference to various populist schemes of the United Progressive Alliance (UPA) government, Arun Jaitley, Leader of Opposition in the Rajya Sabha, "When crores are spent not on asset creation but on populist schemes, it disturbs the economy of the country."
Do your homework before approaching an insurance agent
Research reports say insurance agents are likely to sell you unsuitable products. So, you should know your requirements and premium paying ability.
Mumbai: Maximum City now a City of Skyscrapers
Let's take a look at cities that are ahead of the pack when it comes to tall buildings.
Manmohan Singh's biggest failure in reviving the economy
When the prime minister thanked his predecessor during his Independence Day speech, it was significant because it was Dr Singh's final acknowledgement that political support for reform is essential.
From glitzy shopping to closure: The story of DYING malls
If 120 new malls have come up in the last two years, 40 have downed shutters. Some lessons from the experiences of dying malls.
With Rajan at Mint Road, 'all options are on the table'
Officials, however, said one person's thinking might not change the views of the institution.
IMAGES: Most powerful and beautiful hypercars in the world
Let's take a look at some of the world's best hypercars.
Why India's 'dream team' has failed
The 1990s team worked wonders because the leaders took care to build a tier of competent secretaries and advisors under them.
5 smartphones that are CHEAP but fully loaded
Like puddles all around in the rainy season, we now have smartphones with five-inch screens for almost everyone.
Sky high pampering: The 10 best cabin crews in the world
World's most friendly, helpful and efficient airline crews belong to Asian airlines.
COLUMN: Rupee approaching tipping point
India's fundamentals might be better served by allowing the rupee cycle to run its course.
Sensex gains 39 points amid volatile session
The broader markets out performed the benchmark indices- E Midcap and Smallcap indices up nearly 1%.
Should you sell gold now or wait?
While choosing this, approach local jewellers to avoid high deductions by branded jewellers.
Dalal Street pins hopes on rupee's strength
Currency market participants do not expect the rupee to slide immediately but feel a sharp rise is unlikely because of month-end dollar demand from importers.
August 24, 2013
Cars to be greener and costlier by 2017
The power ministry's plan, through the Bureau of Energy Efficiency, to fix fuel efficiency standards for passenger cars is likely to increase the prices of small cars by as much as Rs 70,000, according to industry estimates.
SPECIAL: Can Nokia shift base from India?
There are big tradeoffs involved and it has invested heavily here; an unfriendly tax regime, though, might push it out to a country such as Vietnam.
Has Tim Cook FAILED to reshape Apple?
The company he inherited has become a very different creature: a mature corporate behemoth rather than a scrappy industry pioneer.
August 23, 2013
I'm a HOUSEWIFE, no role in ADAG: Tina Ambani
After her husband Anil Ambani, Tina Ambani appeared in a Delhi court as a witness in the 2G spectrum case and CBI claimed that she was "deliberately withholding facts" which the judge found was "adverse" to the prosecution.
BSE: Top gainers and losers
The 30-share Sensex ended up 203.97 points to trade at 18,516.91 and the 50-share Nifty rose 63.30 points at 5,471.75 levels.
Nokia launches Lumia 925 and 625 in India
Lumia 925 costs Rs 33,449 and 625 will be available for Rs 19,999.
SPECIAL: How India Inc can gain from the rupee fall
The onus rests on the government to help industry take advantage of depreciation.
Special: Can Jignesh Shah win this tough battle?
Only time will tell, if the 'Shah' of exchanges will walk out of this battlefield unscathed.
Gujarat model: State falters, corporates succeed
Some of projects, especially in infrastructure, have seen quite a few unexpected delays.
Dull market? Agents make crores selling mutual funds
Despite dull market, more individuals make crores by selling mutual funds.
Govt to continue ban on 5-star hotels, new cars for ministers
Even as problems on the external front look slipping out of its control, the government might keep its expenditure under check to limit its fiscal deficit at the budgeted 4.8 per cent of gross domestic product in the current financial year.
IMAGES: World's 10 biggest malls
The world's biggest malls belong to Asia with two of the toppers from China.
SPECIAL: Why panicking about Indian markets is pointless
We're told; that the economy went up in flames demonstrates our uniquely poor performance. Never in the appalling annals of political-economic punditry in India have so many people been so wrong simultaneously.
Sensex gains 200 points as rupee recovers; Banks lead
The broader markets gained with mid-caps and small-caps rising 0.7-0.9 per cent on the E.
How India fares against other young nations
If India is compared to younger nations based on per capita income, you will realise that other countries have prospered far better.
India's top 10 mobile phone brands
The Indian mobile handset market has grown by 14.17 per cent year-on-year to Rs 35,946 crore in 2012-2013.
Rupee among worst performing currencies in the world
Let's take a look at the performance of some of the major currencies around the world.
Polo GT priced at Rs 9.33 lakh is worth every penny
The car offers tarmac scorching performance from its 1.2-litre engine besides having luxury sedan features.
Bad news: Home, auto loans to get COSTLIER
Leading financial institutions ICICI Bank and HDFC have raised their benchmark lending rates by 0.25 per cent, making home and auto loans costlier.
Weak rupee: The top 5 gainers and losers
A long term solution to arrest the rupee slide is growth.
August 22, 2013
BSE: Top gainers and losers
At close, the Sensex was up 407 points or 2.3% at 18,313 and the Nifty advanced 106 points or 2%, to close above the psychological levels of 5,400 at 5,408.
Country's economic situation simply intolerable: Mamata
Mamata Banerjee, a former United Progressive Alliance ally, said 'from petrol to
Sony launches Xperia M; costs Rs 12,990
The phone features 1GHz dual core Snapdragon processor and 1GB RAM.
5 bold measures to set the Indian economy right
Amid all the gloom on the economic and financial front, Sandesh Kirkire, CEO, Kotak MF, suggests five bold measures to get the Indian economy back on the growth path, arrest the rupee's downfall and address India's bulging current account deficit.
'Worst-case scenario for rupee is 70 against the dollar'
He also feels that the govt should hike diesel and petrol rates.
IMAGES: A tour of the amazing Vintage car show
Every year 200 of the most prized collector cars and motorcycles in the world drive to Monterey, California for the Pebble Beach Concours d'Elegance.
2G: Ambani resiles from statement, denies knowing Swan Tel
CBI had to cross-examine him as Ambani 'changed his statement'.
Tycoons who won't leave their fortunes to their kids
Let's take a look at some business tycoons who plan not to leave much of their wealth to their children.
World's richest cities, Tokyo is No 1
Amid the economic crisis, some of the Asian cities hold much promise in terms of growth and prosperity.
How Adidas, Infosys, Wipro, Starbucks got their names
Fascinating stories of how 30 famous companies got their names.
Hyundai Grand i10 VS its 3 closest RIVALS
How does the new i10 variant fare when pitted against Nissan Micra, Maruti Swift and Etios Liva?
Rupee ends at new closing low of 64.55
Finance Minister P Chidambaram sought to lift confidence, telling a news conference that while economic growth remained flat in the first quarter of the fiscal year ending March 2014, it was likely to pick up in the remaining three quarters.
Rupee's current valuation above its fair value: Experts
The current valuation of the rupee, which has breached the 64-level against the dollar, is much above the fair value seen by experts.
Markets snap 4-day losing streak; Nifty above 5,400
Metal stocks outperform posting its biggest single day rally in past two years on hopes revival of Chinese economy.
A new life for Tata Nano: Will it succeed?
Faced with steep fall in sales of Nano, Tata Motors said it will reposition the budget car
Market crash: Investors LOSE $100 billion in 4 days
The four-day carnage in stock markets has left investors poorer by over $100 billion,
August 21, 2013
BSE: Top losers and gainers
The 30-share Sensex ended down 340 points at 17,906 after hitting an intra-day low of 17,807 and the 50-share Nifty ended down 99 points at 5,303 after touching an intra-day low of 5,268. Nifty touched the lowest level since September 11, 2012.
IMAGES: Maruti launches Stingray at Rs 4.10 lakh
Stingray, which is powered by a 998 cc petrol engine, is available in three variants, with price ranging between Rs 4,10,000 to Rs 4,67,000.
What steps India is taking to support markets
On Tuesday, the rupee fell past 64 to the dollar for the first time and bond yields spiked to a five-year high before the Reserve Bank of India stepped in to sell dollars.
India's infrastructure development has come to a STANDSTILL
Infrastructure development has come to a standstill despite all the promises.
Ambani's Antilia among the 15 most expensive buildings
Mukesh Ambani's Antilia is the only private house that features among the most expensive buildings in the world.
India's economic crisis will DEEPEN, say business leaders
The conclusion is derived from a Business Standard poll of CEOs, bankers, market players & economists.
Nissan unveils Terrano; better looking than Duster
Though the compact SUV is based on Duster, the company has reworked the interiors and styling.
World's top 10 mobile phone companies
Mobile phone sales across the world totalled 435 million units in the second quarter of 2013.
Indian banks with HIGHEST NPAs, SBI tops
Rs 2.06 trillion, is the gross non-performing assets of Indian banks.
SPECIAL: India Inc faces a long and dark winter
High interest costs, slowing demand delay recovery.
All you wanted to know about CAD, but were afraid to ask
When the outflows are more than the inflows, a deficit occurs in the current account of the nation, which is widely known as the Current Account Deficit.
COLUMN: Are politicians even in touch with reality?
If politicians are not even aware of the deep economic trouble a country is in, the crisis can only escalate.
GM India introduces NEW Chevrolet Captiva
The Captiva facelift receives a new lower bumper at the front, a subtly different grille mesh, and reshaped foglamps.
How Microsoft plans to battle Google: The secret is out!
The long-running rivalry between Microsoft Corp and Google Inc is turning into a schoolyard brawl.
India's economic situation like the 1991 crisis: Barclays
Stating that the current economic scenario is similar to 1991-92 crisis, foreign brokerage Barclays said credit growth of banks will slow down to 10-11 percent levels.
25 most innovative companies in the world
Let's take a look at some companies that are most innovative in the world.
Why we should allow the rupee to sink
Abandoning the defence of the rupee will allow India to shift focus to boosting exports with tax cuts
Sensex slumps 340 points to end at lowest level since Sept 2012
Metal shares like Sterlite Inds, Hindalco and Tata Steel dropped between 3-5%.
August 20, 2013
Infographics: BSE Sensex's top gainers and losers
The Sensex plunged over 330 points in tandem with rupee breaching 64-mark but regained lost ground end only 61 points lower.
Narendra Modi on why UPA has failed to stem rupee fall
Gujarat Chief Minister Narendra Modi said the Centre was neither concerned about the economy nor the falling rupee but only worried about saving its chair.
Market mayhem: 6 questions you really want answered
So what are the reasons for the bloodbath in the markets? And how it affects you.
India's remarkable metro rail systems
India has developed Rapid Transit systems to make travel easier for commuters across cities.
The inspiring success story of Barefoot College
At the Barefoot College, women learn how to assemble charge controllers and inverters, establish a rural electronic workshop, install solar panels on roofs, connect them to batteries, and solar electrify each house in the village.
How Bajaj Auto ended the strike at Chakan
The company took advantage of the slowdown in the auto industry.
IMAGES: Wraith of Rolls-Royce at Rs 4.6 crore
Rolls-Royce launches its boldest model.
Brother-sister teams building empires of the future
With Raksha Bandhan upon us, let's take a look successful companies run by brothers and sisters.
Rupee breaches 64-level, recovers after RBI steps in
Despite a heavy battering, the rupee on Tuesday made a smart recovery to close at 63.25 after hitting a fresh low of 64.13 against the US dollar, helped by RBI's massive intervention.
How India can revive the rupee, economy
All major financial markets - equities, bonds and currency - are on a slippery slope, with no respite in sight.
Markets end lower amid weak global cues
India's benchmark share indices came off their day lows in late trades after the rupee trimmed losses.
Column: Making sense of the rupee
In the medium term what will truly matter for the rupee's fortunes are India's growth and inflation fundamentals.
Murthy constitutes Infosys 'dream team' at chairman's office
According to sources privy to the development, Murthy has chosen a team of four senior executives -- former Infosys India business unit head Binod Hampapur Rangadore, Ranganath D Mavinakere, Deepak Padki and Rohan Murty.
August 19, 2013
BSE: Top losers and gainers
The 30-share Sensex ended lower by 291 points to 18,308 and the 50-share Nifty dropped 93 points to 5,415.
Why the supposed rupee-dollar parity of 1947 is a MYTH
Mr Modi should welcome the rupee's fall as overdue, not criticise it.
The 10 longest bridges in India built above water
Bihar has the maximum, four, longest bridges and Andhra Pradesh comes second with two.
IMAGES: Will Mumbai ever boast of this unique building?
James Law, an architect based in Hong Kong designs futuristic buildings to meet the big challenges in cities.
PHOTOS: Maruti Ritz vs Honda Brio vs Hyundai i10
Three of the most popular automatic compact cars are Maruti Ritz, Honda Brio and Hyundai i10.
COLUMN: Story of two devaluations
But an unimpressed finance minister plays King Canute.
Please, let's not write the rupee off
It's in the same boat as other emerging markets with current account deficits, but the recent capital-raising measures may help
SPECIAL: The fall guy or a bright spot that turned black?
Is Anjani Sinha of National Spot Exchange being made the fall guy?
Sensex plunges nearly 300 points; rupee weighs
The 30-share Sensex ended lower by 291 points to 18,308 and the 50-share Nifty dropped 93 points to 5,415.
10 innovators moving and shaking their companies
Let's take a look at some next-generation movers and shakers who are changing the face of business.
Is 'Modinomics' another version of economic populism?
Some supporters say that with Narendra Modi's anointment as the de facto leader of the party, there will be a turn in the BJP's economic philosophy.
August 18, 2013
Slumdogs: When expatriates cannot afford high rents
The economic boom of the last decade are forcing foreigner with low-income to live in the infamous Rio de Janeiro slums.
Amazing inventions from ordinary people in China
Built by farmers, mechanics and workers in their inimitable style, some of these remarkable products are even made from scrap!
August 16, 2013
Market mayhem: 13 biggest falls of the BSE Sensex
The Bombay Stocks Exchange S&P BSE Sensex plunged by over 750 points, or 4%, its biggest fall in four years, to end at 18,598 on fear that the roll-back of US stimulus could spark selling pressure by the overseas investors in the equity space.
5 financial SCAMS that shocked the markets
The NSEL crisis has wiped out hundreds of crores of many investors.
IMAGES: Driving into the future with an electric car
While the world hasn't yet embraced electric cars, that might change soon when Tesla introduces two other potentially game-changer models.
How India has curbed child labour
An ILO study shows child labour has declined for girls from households that had taken up the work guarantee programme.
Want to take a shower 40,000ft in the air? Welcome aboard!
Let's take a look at some of the perks being offered by airlines.
One Indian station among world's 20 most amazing railway hubs
These beautiful railway stations are icons of a nation's outstanding infrastructure.
After kicking out the Tatas, Didi plans 'industrial revolution'
Industrialists say they were bowled over by the West Bengal chief minister's 'charm and simplicity'.
The 10 most influential women in technology
These women may not have founded the current-day tech giants but they surely have helped to make these firms successful.
Bloodbath on D-Street; investors poorer by Rs 221,268 lakh cr
BHEL, YES Bank, RCom, Titan Ind, JP Associates, BF Utilities, Ruchi Soya and Punj Lloyd have tanked more than 10% each on E.
India's most popular online shopping websites
The growing online retail market in the country has become a lucrative business in the past two years. Here's how these companies have fared.
Is your builder a DEFAULTER?
To ensure the property right is not contested, one has to take various steps, including getting a bank NoC.
25 biggest brands in the world
Let's take a look at some of the biggest brands in the world.
August 15, 2013
Quite ambitious Mr Prime Minister! But...
India to build 2 new ports, 8 new airports, new industrial corridors and rail projects, said Dr Singh.
Economy to rebound soon, PM confident
In the last nine years, the economy has grown at an annual average rate of 7.9 per cent, which is the highest pace of development in any decade so far.
Column: A cloudy Independence Day
Silver linings in the India's economic gloom.
August 14, 2013
BSE: Top gainers and losers
The Sensex ended higher by 138 points at 19,367 and the 50-share Nifty advanced 43 points to close at 5,742.
Hyderabad-born Prem Watsa may bid for BlackBerry
Often called Canada's version of Warren Buffet, Watsa preaches a long view that suggests it may be too early to assess his decision to take on a leading 10 per cent stake in BlackBerry.
IMAGES: Sinkhole swallows Florida resort
The state of Florida, which is prone to sinkholes because of its porous limestone foundation.
Samsung's phones, tabs to get an Indian touch
The company wants to lure customers from semi-urban and rural part of the country.
Crisis WORSENS: Inflation shoots up to 5.79%
As per official data released on Wednesday, WPI inflation in the food articles category rose to double digits at 11.91 per cent, driven mainly by price rise in onion, cereals and rice.
10 most secretive companies in the world
Let's take a look at 10 most secretive companies.
Curbing CAD? FM FAILS to take right steps
The government has chosen the wrong way to control the current account deficit.
3 Indian hotels among world's BEST
The hotels from India offer a rich cultural experience entwined with a history.
20 cities attracting most tourists in the world
Let's take a look at 20 cities that attracted most international visitors.
Why even a brilliant RBI governor cannot help India much
There's no point in having a brilliant RBI governor if politicians do not listen to him.
Markets end higher led by auto, oil & gas stocks
Tata Motors was the top gainer among the Sensex stocks.
Eko Atlantic city: An engineering marvel on the sea!
Nigeria is building one of the world's biggest and ambitious projects on 5,000,000 square metres of land reclaimed from the Atlantic Ocean.
World's 10 largest banks, China leads
For the first time ever, a Chinese bank has topped the world's top banks' ranking.
'Nobody wants to start an industry in India'
"We are one of the very few emerging economies in the world that has a current account deficit. That is because nobody wants to start an industry in India," says Dilip Kapur, Founder, Hidesign.
August 13, 2013
BSE: Top gainers and losers
The 30-share Sensex closed at 19,230 mark up 283 points whereas the 50-share Nifty ended higher by 87 points at 5,699 levels.
More BAD NEWS for India's economy
Credit Suisse in a research note said that 'we have cut our 2013/14 year average GDP growth forecast to 6 per cent from 6.5 per cent, while also lowering our 2014/15 projection by half percentage points to 7 per cent'.
SPECIAL: Tata Communications switches focus for growth
Beset by falling profit from voice traffic, the company is getting into new fields like managed services and white label ATMs.
India's growth? Well, it comes last!
Trade deficit falls, inflation steady, but industry is still frozen.
World's 10 BIGGEST economies, India at No 3
The United States continues to remain the world's largest economy.
IMAGES: Hyundai's Grand i10 is a whole new beast
Hyundai's Grand i10 is a different vehicle, not a mere extension of i10.
How to WIN Google's Rs 3 crore prize
Ahead of India's Independence Day celebrations this week, Google has launched 'Google Impact Challenge in India', inviting Indian nonprofits to tell how they would use technology to improve people's lives.
SPECIAL: The real trouble with our banks
Their sky-high profits in an essentially commodity business reflects too little competition.
Surprise! Maharashtra, Gujarat NOT India Inc's favourite
States that saw the highest number of new company registration in the last financial year.
How nanotechnology transforms our everyday lives
Nanotechnology is appearing in all sorts of places you might not expect.
SPECIAL: Why billionaires like to buy newspapers
Jeff 'Amazon' Bezos' $250-million purchase of the iconic Washington Post last week has sparked a debate on why billionaires are buying into a medium that is staring at irrelevance, if not death.
Markets end at 1-week high, Nifty regains 5,700
M&M, Bajaj Auto, Tata Motors and Hero Moto and Maruti Suzuki from Auto sector surged between 1-4%.
Can you recognise these AMAZING cars?
These customisations can give you luxury of expensive cars.
August 12, 2013
Invest wisely and lead a happy retired life
Rising trend of nuclear families, increasing cost of healthcare, and inflation make it necessary for an individual to plan for retirement.
How balance of payment woes are hurting rupee rescue
A heavy dependence on imported energy, gold and technology means India has historically run a current account deficit, which it has funded by attracting foreign money into stocks, bonds and corporate investment.
Car sales drop for 9th month, temporary workers face the heat
With car sales in India falling for a record ninth month in a row in July posting 7.4 per cent
Lamborghini's Indian Limited Edition Gallardo: Luxury redefined!
Lamborghini's Indian Limited Edition Gallardo is a super luxury sedan meant for just six wealthy owners.
What will be UPA's economic policies if it comes to power?
The finance minister suggests that maybe his government has erred in its political management.
Images: These 9 cars to hit Indian roads soon
Hold your car purchase! You will have these options soon.
IMAGES: India's 10 longest expressways
India has 942 expressways covering a total distance of 1,208.19 kilometres.
UPA has 'managed' to take the economy back to the 80s
The eight years and more since 2004-05 have seen a continuous non-oil trade deficit, the first such period since the 1980s.
Amazon Kindle Fire HD: What makes it rock
Both the 7-inch and 8.9-inch Kindle Fire HD tabs are built for people who consume media, and if one is looking for a tablet for doing just that, these are the devices.
Microsoft's stunning campus with a huge shopping mall
This Microsoft headquarter can give a complex to Google's swanky offices
Nifty reclaims 5,600; RBI steps boost sentiments
The broader markets ended firm with mid-caps and small-caps gaining 1.5 per cent on the BSE.
Nokia's Asha 501 brings hope for first-timers
Nokia Asha 501 has got the first thing -- design -- that we Indians look for in a phone bang on.
August 10, 2013
'India's GDP at risk of touching 3.5-4%'
Interview with Asia-Pacific economist, Morgan Stanley
August 09, 2013
Crisis: Investors bearish on India's growth prospects
If Indian money looks around at the economic climate and decides instead to go to Latin America, West Asia, or China, then why would foreign money's decision be any different?
Mercedes A-Class: One of the most stunning hatchbacks
If you want a premium car where you will take to the driver's seat very often this one's for you.
Couples want to spend money on shopping, not kids!
Growing numbers of couples are putting the department store before the baby carriage.
Can Datsun revive Nissan's fortune?
CEO Carlos Ghosn hopes the Go, which has been primed for the middle class, will help Nissan achieve the goal of capturing 10 per cent of the Indian market by 2016.
Rohini Nilekani has her heart in the right place
Philanthropist and writer Rohini Nilekani has invested across sectors such as education, environment and sanitation.
Why is the Indian economy sinking? 5 glaring mistakes
The five policy missteps that have led India to economic crisis.
August 08, 2013
BSE: Top gainers and losers
At close, the Sensex was up 0.7% or 124 points at 18,789 and the Nifty gained 0.8% or 46 points to end at 5,565.
Why rupee will continue to remain weak
As India's rupee hits record lows, some investors see it headed towards the mid-60s against the dollar, a reflection of weak economic fundamentals and expectations the government will struggle to implement meaningful measures to reverse capital outflows.
India's telecom sector begins to emerge out of gloom
Almost four years after savage tariff cuts, the telecom sector is slowly limping back to normalcy.
LG G2 smartphone makes Samsung Galaxy S4 look old
The phone comes with Qualcomm Snapdragon 800 Processor that is clocked at 2.26GHz and a 2GB RAM.
Govt IGNORES the plight of poor in India
India is home to one third of the world's poor, yet the government claims that poverty has fallen.
Images: A seven-star hotel in the air
This is how Emirates took luxury to a new height with its private jets.
Tax rules could force Bezos to play active role at WaPo
Amazon chief has said he plans to focus on his day job but 10 hours a week at Post may be needed for tax benefit
Coming soon: Toyota's Camry Hybrid saloon
The is expected to cost about Rs 35 lakh.
All is not wrong with Indian economy. 25 interesting facts
Amidst all the doom that prevails in India, there are many reasons to feel good about its achievements and future prospects.
Why American companies are 'angry' with India
Indian tax laws are a source of frustration for US companies, says US Ambassador to India Nancy J Powell.
Markets gain on rupee recovery, Ranbaxy zooms 28%
Short covering in index heavyweights like HDFC, HDFC Bank and TCS aided the upmove.
Most polluting countries in the world, India ranks 3
These are typically the nations with the biggest industries, biggest production capabilities and the biggest populations.
How Raghuram Rajan can SAVE and KILL the Indian economy
He takes over at Mint Road at a time when the governor's job is even less easy than it is normally.
August 07, 2013
BSE: Top losers and gainers
The 30-share Sensex dropped 68.16 points at 18,664.88 and the 50-share Nifty fell 23.15 points at 5,519.10 levels.
India to milk advantage from curbs on New Zealand dairy products
India, the world's biggest milk producer, hopes to seize on a New Zealand dairy product contamination scare to increase its exports and add market share in China and other emerging Asian countries.
Hyundai finally reveals the Grand i10
The Grand i10 gets Hyundai's new Fluidic styling and details.
Food security law's WTO complication
The recently promulgated National Food Security Ordinance might breach the global trading rules on agriculture under the World Trade Organization if there is diversion of the subsidised foodgrain for export.
Rupee likely to cross 62 by August-end
Rebounds from all-time low after RBI intervention; more liquidity tightening a worry; Rajan's appointment taken as a sign of hope.
For SpiceJet, vanilla sky set to darken
Due to unfavourable industry prospects and given that the September quarter is traditionally a weak one, the outlook for SpiceJet is not favourable.
COLUMN: Has RBI actually MANAGED to stem the rupee fall?
It is logical to believe the measures that have been introduced are 'temporary'.
World's most expensive products: Can you afford any?
Luxury items including art pieces, collector's items and jewellery - such as The Rocking Horse expected to sell for $38,000-$61,000, a pet funeral set for $4,000 and a leftover slice of toast from Prince Charles' wedding day expected to fetch $361.
SPECIAL: Thorny road ahead for Raghuram Rajan
Regardless of who is right, Rajan has to quickly come to grips with a number of obvious challenges, ranging from the immediate to the medium term.
India's pride:10 outstanding infrastructure projects
Major infrastructure projects including swanky airports are changing India's profile as an attractive and enterprising destination.
Billionaires who are diamond kings of the world
Let's have a look at some of the richest diamond owners in the world.
Markets drop on stimulus-exit fears
The broader markets ended firm with mid-caps and small-caps gaining over 1 per cent on the BSE.
Insurance bill: The reasons behind BJP's puzzling about-turn
Reports suggest that the BJP may now be willing to support the Bill in the ongoing monsoon session of Parliament provided some of its conditions are met.
Images: Is this how we will travel in future?
Here are ideas that can help to replace the current transport that either are free of fossil fuels or cut their use extensively.
6 key CHALLENGES for Raghuram Rajan
The immediate priority for the new governor will be to draft the mid-quarter review
August 06, 2013
12 interesting facts about Raghuram Rajan
The government and the RBI are working together to tackle the country's economic problems but there is no "magic wand" to fix them, said Raghuram Rajan, who will take over as central bank governor next month.
BSE: Top losers and gainers
Markets ended over 2.3% lower on Tuesday, amid a weakening rupee, weighed down by financials on concerns that the RBI would announce fresh measures to cap liquidity in an effort to prevent further weakness in the rupee.
Next RBI Governor: What India must do to grow in double digits
'For a large vibrant economy like India's, there is always hope. We still have tools to tackle our problems. But we must exercise those tools with vigor and a sense of urgency.' , the celebrated economist who will be the Reserve Bank of India's next governor, revealed what India must do to start growing again in this memorable speech last year. Can he now deliver results?
Raghuram Rajan will be the next RBI governor
India's chief economic adviser, Raghuram Rajan has been appointed as the governor of the Reserve Bank of India.
Jet Airways: First Indian airline to order Boeing 737 Max
To take delivery of 50 from 2017 and in talks to lease five Airbus planes to Kuwait Airways.
The men who predicted Jignesh Shah's downfall
In his order, SEBI member dealt with the "fit and proper" criteria of the exchange promoted by Financial Technologies (FT) and Multi Commodity Exchange (MCX) and their founder Jignesh Shah.
Why Chidambaram wants to close down Employees' Pension Scheme
Employees' Pension Scheme has been asked to fold up and hand over subscribers to National Pension System
SPECIAL: How Rajasthan reduced poverty
The state's healthcare scheme helped reduce poverty level by 10 percentage points between FY10 and FY12.
Revealed! All-new 2014 Honda Jazz
Benchmarked against VW polo, the car would be launched in India early next year.
Ten things you wanted to know about the NSEL crisis
From what the crisis is all about to who all are affected, here are 10 FAQs.
From tech pioneer to media baron, Jeff Bezos' success story
Jeff Bezos is one of the few chief executives in corporate America who refuse to bow to Wall Street's quarterly profit demands.
How price rise has eaten into aam aadmi's monthly budget
Common people are gasping under the pressure of price rise.
12 most expensive Android apps in India
While most of the apps serve only as status symbols, the others are targeted towards medical students or professionals.
Markets end sharply lower amid weakening rupee
Markets ended over 2.3% lower on Tuesday, amid a weakening rupee, weighed down by financials on concerns that the RBI would announce fresh measures to cap liquidity amid a weakening rupee.
Amazon's Bezos buys Washington Post: Lessons for NYT, others
The Amazon founder's $250 million purchase of the famed Washington Post offers a template for the last few holdouts in the industry, chief among them the New York Times Co's Sulzberger family.
Mumbai's huge infrastructure projects in limbo
The Rs 2,460-crore (Rs 24.60 billion) Mumbai Monorail project, which was to be completed by 2010 and was later rescheduled for December 2012, is still under construction.
How Grahams ran Washington Post through generations
The newspaper won numerous Pulitzer Prizes as circulation declined.
No plan to surrender Bengal land: Infosys
IT major Infosys said it would not give up the 50-acre land it has been allotted for its
August 05, 2013
Bourses won't have to pay for India Inc's debt
Companies with no or little debt account for three-fourths of m-cap of E 200, excluding financial firms.
Maruti launches top-end Alto 800 variant at 3.35 lakh
It comes with an optional airbag on host of other features like integrated audio system.
How to claim tax refunds
It is easiest to claim refund while filing returns. But if you have not done so, use Form 30
Sony F15 series: If you need a machine for movies, music
But with just 2GB of RAM, you might be left wanting more
Micromax Canvas 4: Packs good performance but costly
The phone looks premium and has a good front camera but it heats up fast and the interface is gimmicky.
India's Billionaire club: Who won, who lost
Billionaire club sees one entry, five exits in first 7 months of year.
Mumbai billionaire's grand plans come unstuck
NSEL is the latest example of how Jignesh Shah's grand plans are coming unstuck.
Indian row over poverty extends to Harvard and Columbia
The debate boils down to what path India should take in coming years as slower growth puts further poverty reduction at risk in the world's second-most populous nation.
Indian investors go overseas to shop for infra projects
As domestic opportunities diminish, investors look abroad for these projects.
An Indian airport has one of the best on-time records
Let's take a look at some airports that have best on-time record in Asia, including one from India.
Markets snap eight-day losing streak, FinTech jumps 31%
Coal India moved higher by over 3% to Rs 263, despite of weak April-June (Q1FY14) results, on expectation of earnings improvement by going forward.
Bangalore among world's top 8 tech innovation hotpots
India's Silicon Valley, Bangalore has been ranked among the world's eight largest technology innovation clusters by MIT Technology Review.
Booming business: How gold is SMUGGLED into India
With import duty on gold raised to 8 per cent, smugglers are back at work.
August 03, 2013
Infosys can double investors' money in 3 years: CLSA
The Infosys stock on Friday touched a two-year high, after brokerage firm CLSA said the company had the potential to double investors' money through the next three years.
Will the new FDI norms impact the Jet-Etihad deal?
Anand Sharma said the Rs 2,060-crore Jet-Etihad deal falls in line with new 'control' definition.
What Ambani-Mamata discussed in Mumbai
Mukesh Ambani had exclusive meeting with West Bengal chief minister after she met India Inc leaders in Mumbai.
August 02, 2013
BSE: Top losers and gainers
The 30-share Sensex dropped 153.17 points to end at 19,164.03 while Nifty declined 49.95 points at 5,677.90.
COLUMN: Beyond the Bhagwati-Sen slugfest
Recent growth has wrought enormous environmental destruction and degradation in India, says .
From Dzire to Amaze: The top 9 sedans in India
Indians' love for hatchbacks and SUVs are well known. However, sedans, too are becoming increasingly popular in the country, and the segment is quietly gaining marketshare.
'China's Paris' turns into a ghost city
China build a township modeled on Paris with a scaled-replica of the Eiffel Tower to accommodate at least ten thousand residents.
Delhi's public transport: Are buses better than the Metro?
New bus clusters in New Delhi aren't coming up, as there is a shortage of land for depots.
PIX: Why Google's Motorola Moto X phone is 'special'
Motorola on Thursday unveiled a new smartphone that consumers can personalise with a choice of colours and materials, hoping to stand out in a crowded market and justify the $12.5 billion that Google Inc paid for the ailing handset maker.
The misery of gold miners in Sudan
In their quest for gold, these miners risk their lives and plunge into dark gorges in the barren deserts of Sudan.
IMAGES: How brands in India can change lives for better
Social changes around us provide interesting triggers for connecting to brands.
Why India must say no to 'jugaad'
What was being hailed as innovation in Indian industry not so long ago was nothing but cutting corners and skipping processes.
India's 10 best brands, Tata is No 1
The Tata group has touched the lives of millions of Indians since the last 100 years.
What explains steep poverty fall in India from 2004 to 2011?
Poverty figures for 2011-2012 have shown a steep decline since 2004-2005.
Sensex, Nifty post biggest weekly fall since mid-March
Broader markets ended weak with mid-caps falling 0.4 per cent while small-caps declined 1.3 per cent on the E.
Poll: Is Subbarao the 'worst performing' RBI Governor?
Along with the Finance Minister, the country looks up to RBI Governor in times of crisis. Among the last five chiefs, who have lived up to the people's expectations? Find out...
Indians can travel to 51 countries visa free, Danes 169
There are some countries whose citizens can travel without much restrictions, while others have to queue for visa.
August 01, 2013
Govt eases norms for FDI in multi-brand retail
The government eased investment rules for the retail sector on Thursday in a renewed attempt to attract foreign supermarket operators such as Wal-Mart Stores Inc and Tesco.
BSE: Top losers and gainers
The broader markets were battered heavily. BSE Mid-caps and Small-caps indices fell between 1-2% on the BSE.
PM lauds Chidambaram's commitment for reforms
Commenting on economic reforms, he claimed that accord is necessary to achieve these objectives in India. Goldman Sachs downgrades sluggish Indian economy
Global investment bank Goldman Sachs on Thursday downgraded India to "underweight" Baby food giants Heinz, Nestle draw flak
Baby food giants Heinz, Nestle and Abbott are violating promotional parameters allege activists in India. IMAGES: India's most popular SUVs
The journey ahead, however, will not be easy, with the price of diesel, the most preferred fuel of the oil-guzzling SUVs, going up steadily.
Kavin Mittal's quest for a killer app
Just as his father Sunil Mittal ignited a revolution in telecom in India, Kavin is trying to do so in a space that represents the rapid convergence of two industries-the internet and telecommunications.
Auto sector produces mixed results in July
The company, however, said sales of the compact segment comprising Swift, Estilo, Ritz were down by 11.9 per cent to 13,882 in July this year as against 15,759 units last year.
UK's 'visa bond' and its consequences
It now appears that London wants to go ahead with �3000-bond surety.
PHOTOS: Betting on casino to turn around fortunes
A tycoon in Macau is betting on casino to turn around his luck.
World's biggest wine brands are capturing new markets
Let's take a look at some of the biggest wine brands in the world.
The danger of defending the rupee revealed
To first take a position that the currency would be managed, and then to witness it fall, is a grave loss of credibility for any government, and for any central bank.
Who should be the next RBI Governor? Vote!
With RBI governor Duvvuri Subbarao retiring in September, 2013, the government is on the look out for the most eligible person to head the Reserve Bank of India.
India's first hydrogen fuel cell bus developed by Tatas, ISRO
The CNG-based vehicle features Hydrogen stored in high-pressure bottles on the top of the bus.
Guess which country has the highest income tax?
Although many European countries have high income taxes, they don't charge as much as India.
Markets end flat amid volatility, FinTech plunges 65%
Financial Technologies hogged the limelight after the stock plunged 65% today.
Maruti to launch new Alto K10 by Diwali
The model will get new upholstery and audio system.
Another scion rises on the Indian IT horizon
Shiv Nadar's daughter, Roshni, joins HCL Tech board
July 31, 2013
PM promises bold, decisive steps to accelerate reforms
Prime Minister Manmohan Singh on Wednesday said the government will act boldly and decisively to revive economic growth.
Petrol price hiked by 70p a litre, diesel by 50p
New prices are effective tonight.
Posco's Odisha project faces local ire
Resentment is also brewing over the fact that instead of employing locals, peripheral development work has been entrusted to outsiders.
Govt to further liberalise FDI policy, says Chidambaram
The finance minister added that Indian government revenues are expected to increase by 21 per cent in the 2013-14 fiscal year.
Business jets fly into government headwinds
The Ministry of Home Affairs (MHA) has stopped issuing temporary landing permits (TLPs) to air crew of foreign-registered business jets, citing security concerns.
IMAGES: Clocks that take you down memory lane
Tick tock around the world.
The 10 biggest ad agencies in the world, post-Publicis, Omnicom merger
With the Publicis-Omnicom merger creating a gian of an ad agency, let's have a look at the 10 biggest advertising agencies in the world.
Sensex recoups from day's low to end flat
India's benchmark index, Sensex ended on a flat note after a volatile trading session as investors braced for the US Federal Reserve policy meeting with caution.
States with longest National Highways; Uttar Pradesh is No.1
India's National Highways form just 2 per cent of the country's road network India's National Highways form just 2 per cent of the country's road network.
Rupee rebounds from record lows
The rupee on Wednesday dropped by 73 paise to 61.20 in the late morning deals on persistent month-end dollar demand from importers on the back of strengthening in
Subbarao on RBI's liquidity-tightening measures
Rapid depreciation of the rupee put us in a vicious spiral: D Subbarao
17 most expensive currencies in the world
Here are high value currencies that are more expensive than dollar.
July 30, 2013
BSE: Top losers and gainers
Markets fell further in noon trades amid profit taking in FMCG majors and oil and gas shares.
RBI lowers GDP growth projection to 5.5%
The Reserve Bank on Tuesday lowered the growth projection for the current fiscal to 5.5 per cent from its earlier estimate of 5.7 per cent and asked the government to undertake policy measures to improve investment climate.
India's economic crisis: No daylight yet
India Inc produces worst results in five quarters.
12 most infamous 'criminals' in tech history
Ironically, while the technology revolution was triggered by some geniuses, it also led to the birth of some hackers.
IMAGES: China plans to build world's tallest building in 10 months
Let's have a look at 20 tallest buildings in the world and the time it took to construct them.
Chidambaram marks a year in office fighting old and new fires
This week, the finance minister will complete a year in his latest stint.
Markets end lower on high CAD, weak rupee
FMCG majors ITC and HUL along with RIL and ONGC weigh on the indices.
Images: The super yacht that Steve Jobs designed
The last big project of the Apple founder.
India's darkest hour: Hopes recede of economic recovery
Companies, bankers and experts have all given up hope of an economic recovery
Coming soon: The swanky Maruti WagonR Stingray
It will be priced slightly higher than the current WagonR and Maruti will sell both alongside.
As expected, RBI keeps key rates unchanged
The central bank held the cash reserve ratio at 4 per cent.
July 29, 2013
Chidambaram endorses both Bhagwati and Sen's economic models
India can never be a truly happy, prosperous country unless our passion for growth is combined with compassion for the poor, said Chidambaram.
RBI to manage liquidity as rupee stability trumps growth
The central bank's policy focus has shifted from reviving economic growth to defending a rupee that hit a record low of 61.21 to the dollar on July 8, when it was down more than 9 per cent since the start of the year.
BSE: Top losers and gainers
Markets slumped for fourth straight session this Monday as investors braced for the central bank meeting with caution.
FIPB clears Jet-Etihad deal with some riders
The Foreign Investment Promotion Board (FIPB) on Monday cleared Abu Dhabi-based Etihad Airlines buying 26 per cent stake in Jet Airways for Rs 2,058 crore (Rs 20.58 billion) with some conditions.
The Rs 18 crore palace on wheels
The mobile home can make vanity vans of Salman Khan and Shahrukh Khan look modest.
Our govt is industry-friendly: Chidambaram
Finance Minister P Chidambaram said, "When we return in 2014, we will be more friendly."
Why the Planning Commission should wind up
The Commission more or less speaks for the government in power and nothing else.
How Facebook is showing the way to other tech giants
Number of people going to Facebook via mobile devices continues its inexorable rise.
Spooked investors avoid taking risks ahead of RBI policy
The broader markets ended lower with mid-caps and small-caps falling over 1 per cent on the BSE.
PM to meet India Inc to soothe frayed nerves
Top business leaders to raise issues on investment, trade and the rupee
2014 Range Rover Sports to drive in India before Diwali
It is one of the most anticipated luxury SUV that has garnered 15,000 bookings before launch in Europe alone.
Is India planning to take a loan from IMF?
A rapidly deteriorating balance of payments may warrant that but the political climate is too risky
Bhagwati vs Sen: What is the real conflict?
Jagdish Bhagwati, professor of economics and law at Columbia University, tells Nayanima Basu he is not anti-redistribution, adding the crucial issue is where the money would come from.
Soon, you can buy Tata Nano online!
The company planning to have a larger push to small car even as sales continue to remain subdued.
July 26, 2013
'It is high time to jettison Amartya Sen'
Jagdish Bhagwati keeps the debate with the Nobel Laureate raging in this interview with .
Wipro Q1 net profit at Rs 1,623.3 crore
India's third-largest software services exporter, Wipro said quarterly profit rose 11 per cent from a year earlier, in line with analysts' estimates, after an increase in orders boosted earnings.
How gas price hike benefits Reliance Industries
The gas pricing formula no weight to cost of gas production. It takes into account prices in global hubs and the price of gas being imported.
Policy change unlikely to bring instant dollar inflows
Changes in the multi-brand policy unlikely to help the entire retail sector.
Thin line between poverty and starvation
Proportion of people living below the poverty line came down from 37.2 per cent in 2004-05 to 21.9 per cent in 2011-12.
Why RBI is not doing enough to defend the falling rupee
It is focussing on long term growth, which may not be good for the currency.
A STUNNING $40 million mansion waiting for buyers!
The magnificent 10-bedroom mansion once owned by fashion designer and founder of Gianni Versace, an international fashion house, is set to be auctioned.
Force One SUV gets new variants, starts at Rs 8.99 lakh
Adds a bare bones entry level EX and a top-end LX variants. The latter comes with 4-wheel-drive.
Buying a smartphone? Find out the BEST in India
Buying a smartphone can be very confusing today. Here's the list to help you narrow down on your choice.
The Sen-Bhagwati slugfest: Not the 1st in history
Is the unfolding Bhagwati-Sen debate likely to have the same impact on economic policy in India as Hayek versus Keynes had on the West?
Three Indian cities among world's BIGGEST
Let's take a look at 25 biggest megacities in the world.
Sensex slips for 3rd day, drops 57 points at close
The benchmark S&P BSE Sensex fell for the third day and closed 56.57 points lower at 19,748.19, dragged down by metal, realty and bank stocks ahead of the RBI's policy review next week.
India's most preferred employers, IBM tops
Engineering students continue to prefer working with IBM as it is the most preferred brand.
Crisil slashes India's GDP forecast to 5.5%
Rating firm Crisil revised downwards its GDP growth forecast to 5.5 per cent this fiscal
Azim Premji sees double-digit growth for Wipro
Wipro is poised for double-digit growth in the coming years as the US market is recovering and consumer spending improving, Chairman Azim Premji said.
The Indian connection to Red Hat's growth story
The company that set up its R&D centre in early 2000 with just about 10 employees has grown to a 300 employee entity.
IMAGES: India's Disneyland on a roller-coaster ride
Maharashtra government orders probe into land acquisition by theme park Imagica.
July 25, 2013
'Amartya Sen is the only economist to have hurt India's poor'
Bhagwati criticised Amartya Sen for supporting the Food Security Bill, saying it is going to fuel inflation.
Mercedes launches E63 AMG, priced at Rs 1.29 crore
it comes with a 5.5-litre V8 engine, with a displacement of 5,461 cc.
Tata Motors hints at price hike before Diwali
The company is planning the despite facing continued pressure on sales.
The Sen-Bhagwati spat: 7 things you should know
Minor disagreements between Jagdish Bhagwati and Amartya Sen have amplified into a shouting match.
2G: Anil Ambani gets exemption from court appearance
Reliance ADA Group Chairman Anil Ambani was on Thursday exempted by a Delhi court from personally appearing before it on Friday as a prosecution witness in the
SPECIAL: Six steps that can put the economy back on rails
Overseas investors are scared of putting money in India - and this should worry the government, says T V Mohandas Pai, Chairman, Manipal Global Education and former member of Infosys's Board of Directors.
Markets sink on global weakness, F&O expiry
Markets ended lower on Thursday following the expiry of July derivative contracts weighed down by profit taking in FMCG shares after recent gains.
Google unveils new Nexus 7, higher price tag
It has much better display and is slimmer than the previous device.
Skoda may launch 2013 Octavia next month in India
Though it will replace Laura, the new model would retain latter's petrol and diesel engines.
Q3: Cheapest Audi offering brilliant performance
The car feels as if it's always on edge.
India to be world's third largest auto market by 2016: IHS
It will overtake Brazil, Germany and Japan.
10 countries facing financial black hole
Let's take a look at 10 economically riskiest countries.
India's most competitive states: Maharashtra beats Gujarat
India's diverse and dynamic states contribute towards making India an economic power.
America has fought back after years of recession: Obama
President Barack Obama on Thursday said that the United States has fought its way back after years of worst economic recessions in the country.
8 closest rivals of Datsun GO
GO is the first Datsun car for the 21st century.
The great Indian listed firm ROBBERY!
Vikash Metal & Power says it lost a building and other stuff worth Rs 90 cr to an "incident of robbery" and auditors endorsed it
INVEST in these 14 sectors to build global economy
Let's take a look at 14 infrastructure sectors that need immediate attention.
SX4, Civic, Corolla to cost LESS
The CBEC admitted the three models are known as sedans in trade, not as SUVs.
July 24, 2013
Biden sees India as a land of opportunity for US companies
Biden was clear that a powerful, growing and vibrant Indian economy was in America's interest.
BSE: Top losers and gainers
The 30-share Sensex ended down 211 points at 20,091 and the 50-share Nifty slipped 87 points to close at 5,991.
Top 10 supercomputers, China beats US
Beating the United States, China has made a giant leap in the field of supercomputers.
Why do expats find Asia-Pacific cities cheaper
In India, Mumbai has emerged as the most expensive city for expatriates and was ranked 118 in the Index. Last year, Mumbai was ranked 114th on the list.
Apple silences critics; sells over 3 crore iPhones in 3 months
It went up 51 per cent in third quarter compared to last year.
Can we trust India's poverty figure? Well...
The Planning Commission has issued poverty estimates based on the Suresh Tendulkar methodology, while admitting it was not taking this seriously.
GM RECALLS 1.14 lakh units of Tavera in India
The 1,14,000 affected vehicles will be repaired free of charge at GMI's 280 dealers, the company said.
Nokia unveils low-price Lumia 625 with 4.7-in screen
Price before taxes and subsidies is Rs 17,300.
The man with the Rs 20-crore pay packet
Governance group SES thinks so but JSW Steel says he's exemplary and deserves it.
Singur: A tale of ambition, politics and BLATANT LIES
Mamata Banerjee and Singur share a history that dates back to 2006.
Future of flying: Solar-powered planes?
For now, it does not seem possible that solar-powered aircraft can be used as passenger planes. Only a revolution in technology related to solar panel or battery can help.
Pay high premium to 'buy patriotism'
The government will have to pay between 5% and 6% on domestic dollar deposits for a 5-year period if it wants to lure overseas Indian money.
For the mobile Internet, tomorrow belongs to Asia
The number of mobile Internet users in the developing world will overtake those in the developed world for the first time.
Markets slump as RBI imposes fresh restrictions on banks
Markets ended over 1% lower, snapping a five-day winning streak, amid a sell-off in bank shares after the central bank late Tuesday imposed fresh restrictions on commercial banks' access to cash.
Ambassador to be reborn as a compact sedan
Hindustan Motors is planning to launch two variants of the popular car - a sub-4 metre sedan and a new generation Amby.
Two Indian cities among world's 20 outsourcing hubs
Let's take a look at top 20 outsourcing cities in the world.
Gold smuggling is back with a bang!
Following recent govt moves, seizures shoot up in Nepal and Bangladesh
10 best-performing tech CEOs in the world
Here are the leaders that have created the best value for shareholders while maintaining high standards of corporate social responsibility.
July 23, 2013
States with highest and lowest poverty rates
The poverty ratio was highest in Chhattisgarh at 39.93 per cent.
UPA report card: Delayed projects and empty promises
Some of the reasons for time overruns were delay in land acquisition, delay in forest clearance, Maoist activities, law and order, delay in supply of material.
Gold at over 1-month high of Rs 28,365/10 grams
The upsurge was further supported by a firming global trend.
Anti-Modi Amartya Sen says Gujarat has its merits
The economist said it was wrong to portray India's governmental experience as a complete failure.
Consumer confidence: India drops to 3rd position
Consumer confidence in India was indexed at 118 in Q2 2013, a two-point decline from Q1 2013 (120), and a one-point decrease from Q2 2012 (119).
COLUMN: Vexing issues of gold import, current account deficit
The external current account deficit remains our biggest worry today.
World's 20 most admired companies
While some are recognised are for their exceptional products, others have earned a repute for excellent services.
SPECIAL: How Reliance Retail plans to strike it big
The home-grown retail player will strengthen its Reliance Market chain to take its turnover to Rs 50,000 crore (Rs 500 billion) in two-three years.
Digital media turns into a money spinner in India
As both video and streaming services take off, online entertainment is finally showing signs of making money.
New Mercedes E Class gets the most powerful engine!
The auto maker has taken the gamble and reconfigured the model to meet the challenges posed by its rivals. It might well prove a winning ploy.
Is Gujarat really a success story?
Data on growth in rural jobs and on progress in social indicators don't bear out the story of uniform and high progress
How TCS is able to beat Infosys in every aspect
The company has been able to help clients to transform their business and beat cost during the slowdown.
The best SUV for women drivers in India
Who says the snarling sports utility vehicle is only for men? Three SUVs battle it out to prove they are worthy of women's attention.
SPECIAL: Business lessons from Uttarakhand
Financial markets and public policy will have to privilege those businesses which not only reduce emissions but try to holistically resuscitate the environment.
Markets close higher for fifth straight session
Firm global cues, along with gains in FMCG majors ITC and Hindustan Unilever aid the upmove.
Indian economy a victim of bribery and corruption
Among the sectors seen as most vulnerable to corruption are the government and the public sector, infrastructure, real estate, metals, mining, aerospace, defence, power and utilities.
Planning to fly? Check out these 15 global airlines
Let's take a look at the performance of some major airlines.
July 22, 2013
Bihar and India's uncertain glory
There are reasons for India to hang its head in shame," says Amartya Sen in an interview this week.
When is the right time to go for your credit health check up?
Checking your credit report is the easiest way out to check your credit health.
8 Indians among world's best performing CEOs
In yet another sign of rising Indian dominance in the global business arena, eight corporate bigwigs from the country have made it to the list of the world's 100 best CEOs.
Question of change or continuity hovers over RBI
Identity of next central bank chief remains a matter of speculation.
How the govt bent rules to appoint Ramadorai as PSU chief
The senior Tata Group executive's appointment as NSDC chairman raises the vital question of conflict of interest
The fabulous life of 'Virgin' boy, Richard Branson
Let's take a look at the fabulous life of the flamboyant business magnate who recently turned 63.
Find out which Indian airports are named after leaders
Bangalore has decided to name its international airport after Kempe Gowda, the founder of the city.
Markets end flat amid volatility, Capital goods slump
E Capital Goods index slumped by almost 6%. BHEL & L&T tumbled by over 7%.
SPECIAL: Did Modi make Gujarat Vibrant?
Growth is impressive but there are questions on inclusiveness.
Black money: Tackling the controversial Mauritius route
Mauritius is back in the news, and as usual not for the right reasons.
July 21, 2013
Google's bread and butter business declines
More people are using the search engine on their mobiles leading to a fall in its average cost-per-click.
As smartphone sales wane Samsung look for alternatives
Will focus on aggressively expanding its storage offering.
July 20, 2013
G20 puts growth before austerity, seeks to calm markets
While the US recovery is gaining traction, China's export motor is sputtering, Japan's bid to break out of deflation has not reached escape velocity, and demand in the euro zone is too weak to sustain a job-creating recovery.
Chandrasekaran on how TCS plans to remain No 1
We have to continue to be agile on execution and regulatory fronts: N Chandrasekaran
July 19, 2013
RIL logs 19% profit growth in Q1 on strong margins
Gas production at KG-D6 field dropped by a steep 53 per cent.
'CBI finds violation of rules by Walmart in Indian deal'
The CBI, in its letter, said the matter was 'analysed' by the agency and it 'revealed violations of RBI guidelines and FEMA regulations'.
RIL delaying audit, says CAG, Moily defends
With CAG alleging that Mukesh Ambani-run Reliance Industries was delaying furnishing of records for audit, Oil Minister M Veerappa Moily on Friday said there was no problem and "everybody" was cooperating.
2G case: Anil Ambani, wife Tina summoned as witnesses
The agency had contended that Anil Ambani, who is the Chairman of Reliance ADA Group, will be able to 'throw light' on the issues of alleged investment by his group companies.
India needs a realist not an economist Prime Minister: BJP
Attacking Prime Minister Manmohan Singh for the price rise and the downturn in economy, BJP President Rajnath Singh on Friday said the country needs a "realist" and not an economist Prime Minister.
'Over 96% start-ups incubated at TBI are successful'
Technopark Technology Business Incubator talks about the record success rate.
G20 backs tax plan, seeks to chart recovery
Fed stimulus withdrawal eyed, clarity sought from China
Ford EcoSport garners 30,000 bookings in mere 17 days
It beats the recent record of Honda Amaze that managed 22,000 bookings in about 20 days.
Too many problems forcing manufacturers to leave India
Manufacturing in India is no longer an attractive proposition.
Detroits' bankruptcy sends shockwaves across US
Detroit filed the largest municipal bankruptcy in US history on Thursday to seek relief for an estimated $18.5 billion in debt that has crippled the city that was once the hub of American manufacturing.
Can Nirmalya Kumar help Tatas tide over the tough times?
To say that Nirmalya Kumar has enjoyed a groundbreaking career is to say the very least.
All efforts will be made to rebound economy: Manmohan Singh
PM attributes the rupee decline to widening Current Account Deficit and global factors.
Detroit files for largest-ever bankruptcy in US history
The bankruptcy, if approved would force Detroit's thousands of creditors into negotiations to resolve an estimated $18.5 billion.
India faces growing problem of more skilled workers than jobs
In 10 years, we will have two college-trained aspirants for every job.
TCS takes forward Infy's momentum
In the quarter ended June 30, the company posted 15.7 per cent growth in net profit at Rs 3,831 crore (Rs 38.31 billion) when compared with the corresponding quarter last year.
Mitsubishi launches anniversary edition Pajero Sport
Offers extra features such as a touch screen multimedia system with GPS navigation, rear view camera and super select 4WD system.
Shocking! India ranks 119 in economic freedom
India's economic development has been marred by corruption, says The Heritage Foundation.
Markets end flat ahead of RIL results, global events
The broader markets ended lower with mid-caps and small-caps dropping 0.5-0.6 per cent on the E.
RBI's move bad for industry: Naina Lal Kidwai
Days after RBI tightened liquidity to check rupee fall, HSBC country head and Ficci
Datsun Go vs Alto 800: Spot the difference
They just don't have similar colours, Datsun's marketing campaign too seems be inspired from Maruti Alto 800.
July 18, 2013
BSE: Top gainers and losers
The 30-share Sensex ended up 128 points at 20,128 mark and the 50-share Nifty ended up 65 points at 6,038 levels. The Sensex and Nifty touched an intra-day high of 20,176 mark and 6,051 levels, respectively.
TCS consolidated net profit jumps 15.5% to Rs 3,831 cr
An increase in orders and foreign exchange gains boosted earnings.
Meet on Niyamgiri mining project: Tribals in the dark
Even as this village on the slopes of the rugged Niyamgiris gets ready to host the maiden gram sabha on Thursday to decide the fate of a bauxite mining project on the hills, life for the local Dongaria Kondh tribals, who consider the hills sacred, continues as usual.
Fliers beware! AirAsia in India may not be good for you
The airline's entry may trigger charges for every extra service such as baggage and seat selection.
If Indian companies don't spend on R&D, they will die
At present, India spends 0.9 per cent of its GDP on research and development (R&D), which is well below what developed countries.
Rajiv Bajaj firm on not issuing free shares to Chakan workers
Bajaj blamed a 'few rotten eggs' for the strike.
Tackling unemployment remains a big CHALLENGE for US
Noting that the US still has a long way to go to address large scale unemployment, the White House said on Thursday the country's deficit is declining at the fastest pace since demobilisation after World War II.
Audi S6: A sports car for everyday driving
The car has best of both the world - a roaring brawny engine and super luxurious features.
IMAGES: 10 airports that have WORST record in missing flights
One of the biggest fears of travellers around the world is missing connecting flight.
India's most powerful CEOs, Mukesh Ambani tops
Mukesh Ambani has been ranked as India's most powerful CEO.
Plan Panel estimates show sharp FALL in poverty rate
The Planning Commission pegs decline at 7.8 percentage points between 2009-10 and 2011-12.
The faces behind Microsoft's reorganisation
Reorganisation of Microsoft represents the most sweeping re-structuring since 2008.
How G5 power can revive emerging economies
Brazil, China, India, Mexico and South Africa are still a logical grouping.
COLUMN: Govt's move on FDI welcome, but insufficient
Simple fact is that this will not be enough to get pools of long-term funds interested in India again.
Markets end higher amid rangebound trade
The market breadth in BSE ended marginally positive with 1,206 shares advancing and 1,110 shares declining.
Multi-brand retail FDI policy riders might be eased
The department of industrial policy and promotion, nodal agency for FDI policy under the ministry of commerce and industry, seems to have prepared a note for the Cabinet Committee of Economic Affairs to consider.
12 innovations from the 1950s that we still use today
The decade of 1950s is marked with some of the major scientific innovations. Here are few of them that are still relevant today.
Can Toyota remain the world's No 1 carmaker?
Who have you placed your bet on?
July 17, 2013
SC ticks off Sahara for not refunding Rs 24,000 crore
The bench, which said that Sahara group must refund the amount by August 31 or face personal appearance, however, refrained from passing orders as the counsel for Roy pleaded that no such order be passed without hearing him and posted the case for hearing on July 24.
BSE: Top gainers and losers
The Sensex ended up 98 points at 19,927 and the Nifty gained 18 points to end at 5,973.
China will see 7.5 % growth; no need for bailout, says Li
Li's comments comes in the wake of speculation that the government could come up with a bailout package like the massive $645 billion in 2008-09 to insulate Chinese economy from global financial crisis.
SPECIAL: Will microfinance firms make good banks?
One of the hurdles for MFIs towards becoming banks is an unsecured loan portfolio.
SPECIAL: Unilever steps up its India game
Unilever CEO Paul Polman appears to have achieved what he set out to do -- partake of India's growth story.
'Govt inertia and policy bottlenecks hurting India's economy'
A large part of the current slowdown can be attributed to the execution bottlenecks and falling investor sentiment in the country, says Ajit Ranade, Chief Economist, Aditya Birla Group.
Want to cut airfares 25-30%: AirAsia CEO
Mittu Chandilya has promised himself and AirAsia chief Tony Fernandes that through the next four-five years, India operations would be the largest among those of AirAsia subsidiaries.
How good is BlackBerry Q5?
Longtime BlackBerry owners might balk at the fact that the Q5's battery can't be removed, considering the fact that they could reset their older handsets if the software hung.
SPECIAL: Flipkart beefs up to take on Amazon
After all, talk of Amazon buying into Flipkart has been doing the rounds for long, although the two Bansals have denied it many times before.
Stunning PHOTOS has the world raising a toast to alcohol
From Spain to Taiwan, the taste for alcohol remains a constant, as these photographs show.
15 Indian companies that are most global
On an average 75 per cent of their total revenues come from international operations and they hold 57 per cent of their total assets overseas.
100% FDI will help foreign telcos buy out partners
The decision is likely to bring in at least Rs 5 lakh crore of fresh investments into the sector over five years by improving connectivity and competition
How a telecom miracle can happen in India
The mistrust between the authorities and service providers can end if the contentious issues are addressed as a package deal.
Rupee weakens ignoring govt's FDI steps
The rupee has gained only 0.9 percent since the close of trade on Monday after which the central bank resorted to indirect monetary tightening, but the bonds and rate markets have been roiled.
Markets end higher amid volatility, FMCG leads
Markets ended higher, amid a volatile trading session, on the back of strong buying interest in FMCG majors Hindustan Unilever and ITC.
Note-worthy: Whose face is on which currency?
How well do you know the popular banknotes from around the globe and the personalities featured on them?
Jet-Etihad deal may skid on valuation runway
Abu Dhabi-based carrier seeks a cut in premium it had agreed to pay on Jet's stock price
Tatas in expansion mode in Bengal
The group's major investments in Bengal are from Tata Metaliks, Tata Consultancy Services, Indian Hotels and Tata Hitachi.
How to destroy a well-run company? Learn from ONGC
Govt, after milking ONGC for all these years, wants it to bear part of the fertilizer and power subsidy that will arise out of gas price hike
Datsun GO: Striking, affordable and engaging drive
Datsun Go will be the five door hatchback and is called 'K2' inside Nissan's facility.
July 16, 2013
BSE: Top gainers and losers
The 30-share Sensex ended down 183 points at 19,851 and the 50-share Nifty closed 76 points lower at 5,955.
India makes risky bet with rupee defence
The measures unveiled Monday night in a rare display of tactical force by a conservative central bank would make it harder to speculate in the rupee and are intended to attract foreign inflows needed to fund a record current account deficit.
IMAGES: A $3.4bn building that's been a curse for buyers
The General Motors Building in New York is marked by buyers' curses.
Christie's plans FIRST auction in India
Global auctioneer Christie's is set to hold its first auction in Mumbai this December, a move, the London-based auction house indicates is a reflection of the growing participation of Indian collectors in the world art markteplace.
How Nissan plans to take on Tata Nano
Nissan's executive vice-president and CEO Carlos Ghosn's key man for his new strategy in emerging markets, Andy Palmer, tells Business Standard how the Tata Nano's experience made his company steer away from the $2,500 car.
RBI notification to affect ED's Walmart probe
$100-million Walmart investment of 2010 into Cedar, a group company of Bharti, is being investigated by ED.
Why Apple has much to gain in fighting e-books case
US tech giant has strategic reasons not to settle and to continue fighting the case.
PHOTOS: Tamil Nadu town that's driving India's garment sector
Town in west-central Tamil Nadu, 50km from Coimbatore, has reported a 10 per cent growth in order flow in the past two months.
RBI steps not to impact interest rate: Chidambaram
He hoped parliament would approve the real estate regulator and land acquisition bills in its monsoon session
IMAGES: How stocks were traded in the '90s
BSE, the first ever stock exchange in Asia, has had an interesting rise to prominence over the past 137 years.
Verdict: Volvo V40 defines what a crossover should be
It perfectly blends the personality of a brawny sports utility vehicle with elegance of a sedan.
Rupee closes with a gain of 58 paise
The rupee had lost 33 paise, the most in a week, to close at 59.89 against the dollar on Monday on fresh demand from banks and importers amid disappointing industrial production,
Markets slump as rupee measures may hurt growth
Markets snapped three-day winning streak to end lower on Tuesday after the central bank's move to reduce rupee liquidity and an increase in short-term rates dashed hopes of rate cut in the near term.
Can Murthy's magic make Infosys a star once again?
While having Murthy around will certainly help bolster employee morale, Infosys will have to go in for more process innovation and automation.
With PC sales in a free fall, where can Microsoft go?
If Microsoft can't clearly define its destination, a confused organisational structure isn't going to help it get there.
What to do when you inherit a tax mess
Tax problems that may occur after death run the gamut.
Why markets may give limited returns this year
Despite all the negative news, markets may not see a major correction or appreciation from the current levels.
Amar Bose: A life in pursuit of excellence
Amar Bose never grew old. He simply oozed positive energy. He visibly cringed if anybody called him an icon but used to jump up to the blackboard with a chalk and wave his hand all over if you discussed physics, recalls Shivanand Kanavi
We will never leave West Bengal: Cyrus Mistry
Mistry was in the state on his first visit as the head of the conglomerate
RBI announces fresh steps to tackle rupee volatility
RBI raised lending rates to commercial banks 2 per cent to 10.25 per cent making loans costlier.
July 15, 2013
Small is big for Japanese automakers eyeing India
Rising fuel costs and a fast growing middle class makes India a potential market for microcars.
Cherry picking: Why it is a good time to invest in IT stocks
The 20-stock index is up about 20 per cent in the past year - it has done much better than the Nifty's 12.5 per cent.
We encourage consumers to revalue junk, says Big Bazaar's CEO
Footfalls have increased anywhere between 10-40 per cent, says Sadashiv Nayak.
Nissan unveils Datsun 'Go', to be priced below Rs 4 lakh
The car will be available from early next year.
IMAGES: Advertising in social-media age: A whole new ball game
Advertisers are changing methods to grab consumers' attention.
Onion price zooms 114%, pushes food inflation to 9.74%
Inflation rose to 4.86 per cent in June, driven mainly by rising prices of food articles,
Rupee fall: How NRIs can get richer
NRIs can lock into NRE/NRO fixed deposits, buy real estate and invest in long-term equity investments.
Myths and reality of the Food Security Bill
All those who have been dismayed by the food security ordinance should thank Manmohan Singh and his colleagues for a neat optical trick, says T N Ninan.
How to tackle high home loan rate
Discrimination between old and new customers have come down after base rate.
Fiat puts faith in retro-style 500 model
It's the world's only car to offer an optional on-board espresso machine.
Rupee falls 33 paise amid fresh dollar demand
The rupee turned negative against the pound sterling to end at 90.13 from the previous close of 89.93 and also dropped against the euro to 77.98 from 77.61.
Market surges on growth recovery optimism
The broader markets ended higher with mid-caps and small-caps gaining 1 per cent on the BSE.
Narayana Murthy tightens grip over Infosys
N R Narayana Murthy, who returned to Infosys last month, has now taken over the driver's seat at the Bangalore-based company.
20 most profitable companies in the world
Let's take a look at 20 most profitable companies in the world.
July 14, 2013
Kolkata: Most expensive city for travellers
A survey says Kolkata is the most expensive metropolis for night out for two.
SPECIAL: What it takes to float an offshore company
A resident individual is not among entities eligible to incorporate a foreign company, but resourceful people find a way around
Farewell to telegram: Some were there to be part of history
A first before the last for many telegram senders
July 13, 2013
India needs to do more to attract large FDI: US leaders
There is more concern among US businesses now about investing in India than was a few years ago
Murthy's presence makes a huge difference: S D Shibulal
Shibulal talks about the company's new focus areas under the chairmanship of N R Narayana Murthy, and their rationale.
July 12, 2013
Factory output CONTRACTS by 1.6%
The Industrial of Index Production was 1.9 per cent in April and 2.5 per cent in May last year, as per the data released by Central Statistical Organisation.
Indian automobile industry and auto sales
According to the data released by the Society of Indian Automobile Manufacturers (SIAM), motorcycle sales in last month declined by 9.16 per cent to 7,99,139 units from 8,79,721 units in the same month previous year.
BSE: Top gainers and losers
Markets ended on a positive note with 50-share Nifty surging above the key resistance level of 6,000 this Friday after Infosys, the company with fifth-highest weightage on the Sensex defied analysts' estimates and posted steady dollar revenue growth for fiscal 2014.
Investors didn't complain when India grew over 8%: Montek
Govt is looking at problem solving than structural reforms to address economic issues.
Gold, silver fall on sluggish demand, weak global cues
On the domestic front, gold of 99.9 and 99.5 per cent purity declined by Rs 25 each to Rs 27,300 and Rs 27,100 per 10 grams, respectively.
Nokia launches Lumia 1020 with 41-megapixel camera
Reviewers go gaga over the smartphone technology.
Trade deficit narrows from seven-month high in June
Indians' hunger for gold has made it the second biggest item, after crude oil, in the country's import basket.
Ford recalls diesel variant of EcoSport
There's issue related to the Glow Plug Module.
Govt draws another LoC for higher FDI
FIPB clears Telenor proposal to raise stake in Indian unit with the clause that officials who have worked in Pakistan will not be allowed in India.
Plastic money gains acceptance in rural India
HDFC Bank offers credit cards in areas with population of less than 10,000.
Setback for India's auto sector: Car sales down 9%
Domestic passenger car sales declined by 9 per cent to 1,39,632 units in June this year
Food security bill: More savings for the poor
To translate into more spending on education, health, and nutritious food.
Tech giants set to battle over game consoles and other gadgets
End of the smartphone battle may be coming into sight, but the operating system war is heating up.
Govt plans to 'promote' GM food rather than regulate it
The serious glitches in the Biotechnology Regulatory Authority of India Bill.
Verito Vibe: A frugal hatch for practical buyers
The car has a terrific ride quality, generous cabin space and a fuel efficient diesel engine.
12 banks that have largest capital in the world
Let's take a look at 12 biggest banks in the world, according to recent figures released by The Banker.
Infosys stock soars 15% riding on Q1 results
Spurt in Infosys scrip was significant in sending the BSE benchmark Sensex higher by 119.15 points to 19,795.21 at 0925 hours.
COLUMN: Why have some students rejected IIT?
The inference that the IIT brand name has been devalued is unfair; this could as well reflect a wider market for student choices
Tech Mahindra readies for big leap
The company has put in place a new team to scout for opportunities in new verticals and geographies in order to double revenue in two years.
There's a great chance for India, US to work together: FM
The Finance Minister said as a result of India's economic reforms, a number of Indian companies have grown in size and stature and at times tend to compete with the US companies.
Murthy magic: Analysts upbeat on Infosys
The results are better than analysts' expectations.
Rupee rises to 2-week high of 59.56 vs dollar
The rupee touched a record low of 61.21 on July 8.
Is Basab Pradhan a victim of Infosys' revival plan?
It is perhaps rare for a senior corporate executive to announce his resignation on Twitter.
Markets cheer Infosys Q1 result, narrowing trade deficit
The broader markets ended mixed with mid-caps inching up by 0.02 per cent while small-caps shed 0.2 per cent on the BSE.
Have trust in India: Anand Sharma tells corporate America
Sharma said both US President Barack Obama and Indian Prime Minister Manmohan Singh are firmly committed to take this relationship to greater heights.
Wage increase to hit Infosys' margins: CFO
The company, however, maintains its forecast for 6-10 per cent revenue growth for the current financial year.
July 11, 2013
Why India put the Preferential Market Access policy on hold
Unrelenting US pressure at the highest levels had led to New Delhi's capitulation.
BSE: Top gainers and losers
The Sensex and the Nifty touched an intraday high of 19,724 mark and 5,949 levels, respectively. Foreign Institutional Investors also turned buyers during the previous two sessions, exchange data showed.
Mercedes launches B Class diesel at Rs 22.6 lakh
The car has been a run-away success globally within the first few months of its launch.
Why RBI will be forced to hold rates on July 30
The rupee has depreciated by over 12 per cent since the beginning of the fiscal.
Gold zooms to 3-week high; up Rs 610 on strong global cues
The precious metal spurted to regain Rs 27,000 level after June 24 as it rose in global markets following Federal Reserve Chairman Ben S Bernanke backed sustained stimulus for the for some time.
When will rupee bounce back? Even RBI has no answer
The rupee has declined by about 9 per cent in the past three months and had touched an all time low of 61.21 to a dollar earlier this week.
Big-ticket property deals hit in Mumbai
Air India's plans to lease its headquarters in Nariman Point has been hit.
Why D-Mart is profitable when retail giants are not
The big question, however, is if it can sustain its business model as it grows and expands.
Ajit Singh open to any inquiry on Jet-Etihad deal
Rubbishing the allegation that his ministry went out of its way to facilitate the Jet-Etihad deal, Civil Aviation Minister Ajit Singh said he was open to "any inquiry" into the decision to increase air traffic rights to Abu Dhabi.
Foreign trips cannot bring investment: Yashwant Sinha
The government should shun populist measures and take tough decisions to rein in the fiscal deficit, says Yashwant Sinha.
COLUMN: Why measures to arrest rupee fall are not enough
Recent measures by the Reserve Bank of India and the Securities and Exchange Board of India are being seen by observers as an attempt to reverse the inexorable decline of the rupee.
How Tata Motors is rebuilding its car business
The company has refurbished as many as eight models, but it desperately needs to up the ante in the compact SUV and compact sedan segments.
Chidambaram now woos America Inc to revive Indian economy
Finance Minister P Chidambaram, back in the United States for the second time in less than three months, kicked off a series of meetings with American corporate heavyweights, making a pitch for American investment in India, even as the rupee continued to plummet.
Choppy trade: Rupee weakens marginally to 59.67
The rupee snapped a two-day up-move even as local stocks surged on US Federal Reserve Chairman Ben Bernanke's comments.
Markets surge on Fed stance, rupee gains
BSE Metal index zoomed by almost 3% followed by Realty, Banks, Oil & Gas, Capital Goods,, FMCG & IT, all gaining by 2%.
July 10, 2013
Jewellers to stop selling gold bars, coins
Wants to help govt fight the widening current account deficit.
First Apple computer fetches $387,000 at auction
The first original Apple computer hand-built and signed by the company co-founder Steve Wozniak has sold for more than $387,000 in an online auction.
Renewed US demand to lift Infosys, IT sector outlook
Spend on IT in US is expected to increase by 6.1 per cent in 2014.
BSE: Top gainers and losers
The 30-share Sensex ended down 145 points at 19,294 and the 50-share Nifty ended down 42 points at 5,817.
Gold, silver fall on subdued demand, weak global cues
The yellow metal fell by Rs 115 to Rs 26,715 and silver lost Rs 400 to Rs 40,350 per kg.
Lessons for stock market investors
Experts say retail investor does not need to look at the indices on a daily or even monthly basis and should invest regularly.
How Jaguar Land Rover plans to take on Audi, BMW
The company has expanded its line-up to nine models with several variants, making it the most aggressive luxury auto player in the country.
India's biggest companies, Indian Oil Corp tops
Like the rest of the world, it's the oil companies that are dominating the Fortune 500 entries from India in 2013.
SPECIAL: Why is a free market for gold risky and volatile?
Ten years ago, gold was selling at well below its long-term inflation-adjusted average, and the integration of three billion emerging market citizens into the global economy could only mean a giant long-term boost to demand.
SC asks Tata Motors to clarify its stand over Singur land
The apex court feels that the Tatas cannot say that they still have interest inland acquisition, as they have moved its car plant out of West Bangal.
Why US recovery is good news for the rupee
It will have a positive impact on India's trade deficit and GDP growth.
Why Indian markets have a bullish outlook
The Indian market is a bull market and the current weakening is merely a correction, says Apoorva Shah, executive vice president & fund manager (equity), DSP BlackRock Mutual Fund.
India looks to US in struggle to boost FDI, revive rupee
Long term foreign investment necessary for the economy as it more stable.
COLUMN: Justice and the Indian-American way
Is focusing on Rajat Gupta and Raj Rajaratnam the best way to chronicle the South Asian-American Diaspora's rise?
Rupee gains on RBI moves; more measures expected
The central bank has asked state-run oil companies to buy dollars from a single bank, said a source privy to the advice from the RBI, as the government struggles to stem the declining rupee.
Markets end lower on profit taking ahead of Q1 earnings
Markets ended lower on Wednesday, amid weak European cues, as investors turned cautious and booked profits ahead of the release of Fed minutes later today and Infosys' first quarter earnings on Friday.
India's most admired companies, TCS is No.1
Software giant TCS has replaced its group firm Tata Steel as the country's most admired
Is the Food Security Bill a game-changer?
Food insecurity and hunger are rooted in bad policies, faulty design, poor governance and a lack of political will.
Hot money exodus sends currency wars into reverse
Across most of the developing world, outflows have gathered pace.
Smartphone segment sees a whopping 167% growth in India
Indian smartphone mobile segment is finally catching up with global peers.
IMF downgrades India's growth projections
Revising its economic outlook, International Monetary Fund (IMF) today marginally
July 09, 2013
BSE: Top gainers and losers
The 30-share Sensex closed up 115 points at 19,439 and the Nifty gained 47 points to close at 5,859 for the day.
Gold snaps three-day losing streak; up Rs 280
The yellow metal witnessed buying from investors and stockist levels amid a firm global trend.
All you need to know about India's new gas price formula
When the current benchmark deal with Reliance expires on March 31, 2013, India will implement new gas pricing. Here's how it works.
Skoda's new Rapid Leisure @ Rs 7.79 lakh
While the petrol variant of Rapid Leisure would be available at Rs 7.79 lakh, the diesel variant would cost 9.06 lakh (ex showroom Delhi).
Is Narendra Modi an economic reformer?
His vague good governance rhetoric, micro-managerial style, and realities of politics don't bode well for becoming an economic reformer.
Tough times for emerging markets
India is hugely vulnerable to a sudden stop in emerging market liquidity.
SPECIAL: Why did the Air India Maharajah get dethroned?
Unviable, politically-driven routes, strikes, high staff salaries despite low productivity, all led to the airline multiplying its losses.
SAT blow prompts Gillette promoters to mend fences
The frosty relationship between Gillette India's owners - Procter & Gamble (P&G) and Saroj Kumar Poddar - might be thawing.
Managing the rupee's fall without making mistakes
No room for mistakes while responding to the currency's slide.
3 YES Bank directors not fit and proper: Madhu Kapur family
Court defers hearing to July 15 as bank opposes amendments.
Currency slide gives FIIs the jitters
Foreign investors, who hold 40% of free float, have lost 10% on rupee fall this year so far.
What makes Pune a realty hotspot
Baner, tagged as Pune's "queen of the suburbs", is located on the northwest side and has emerged as a high-growth location in terms of real estate development.
Rupee rebounds as regulators move to curb speculative trades
Forex dealers said besides heavy selling of the American currency by banks and exporters, a higher opening in the domestic stock market, supported the rupee.
Markets gain on Rupee measures by regulators
Sun Pharma, L&T, HDFC Bank and Infosys among the top gainers.
Ride an AC tram, get a taste of old Kolkata!
Recently, West Bengal Tourism Department along with CTC launched air-conditioned trams to help Kolkatans get a taste of the city's heritage while seated comfortably in plush interiors.
Bank licence: What it means for the listed parent
The difference between low-value PSUs and high-value private banks may grow
Move over jugaad, here comes Evomo
The Ahmedabad-based start-up has developed a rural utility vehicle which can make travel safe and comfortable.
Gold import headache to resume after June plunge
Gold is second only to crude oil in India's import bill
Jewellers turn to diamonds, NRIs to beat policy woes
The moves could help create alternative demand sources for the battered yellow metal in the medium term and help somewhat cushion price declines.
Cyber criminals face longer prison terms, tougher penalties
Microsoft recently broke up one of the world's largest cyber crime botnets.
Net closes on tech giants use of loopholes to avoid taxes
There is no suggestion that any of the companies have broken law.
Jaguar F TYPE: A car that packs thrill, performance and speed
Jaguar F TYPE feels fast even while still.
Is 3G a missed call for telecom operators?
3G service providers are still struggling to get subscribers, primarily because of unattractive tariffs, low network coverage.
The Mehta who surprised Mallya
The low-profile chief of Deepak Fertilisers on Wednesday bought 24.46% shareholding in MCF.
July 08, 2013
Why is India's garment industry stuck in a stagnant loom?
India's garment exports are less than a tenth of China's.
JLR launches Jaguar F TYPE priced up to Rs 1.61 crore
The price starts at Rs 1.37 crore for the F TYPE S, which has a V6 3-litre petrol engine.
Power shortage plunges business into crisis in south India
Power cuts has caused thousands of businesses to suffer losses and shut down.
How India can tame the falling rupee
The currency is vulnerable because of a record high current account deficit.
Why India lags behind in innovation
Stricter intellectual norms can help India grow faster.
Can India Post survive if it gets a bank license?
The institution lacks the required experience in the financial sector.
Major problems with the Food security Bill
There continues to be several major problems with the food security scheme that deserve to be more thoroughly discussed at the highest level of law making than they have been so far.
How to file income tax returns
Even if your only source of income is salary and the tax has been deducted at source, you need to file returns.
Red tape, graft spoil Wal-Mart's big plans in India
The delay and faltering partnership mean Wal-Mart may miss out on the "first-mover" advantage in a country considered the last great frontier for global retailers.
The PMO's role in Jet-Etihad deal
Manmohan Singh clarifies his office's involvement in the deal that's facing criticism from the opposition and media.
Indian markets hammered in FII sell-off
Markets slumped this Monday as overseas investors sold away shares in the emerging markets and shifted stance to the developed economies like US after robust jobs data.
Decoding the real estate Bill: How it will help buyers
The Bill will improve buyers' confidence and boost demand for residential real estate.
Six ways to stay ahead of inflation
Use a mix of instruments that will beat both the wholesale and consumer price indices
Rupee drops to record low of 61.21, recovers
The rupee dived to a record low of 61.21 against the dollar on Monday after better-than-expected US jobs data raised concerns about the US Fed easing its stimulus programme.
Falling rupee fails to take the shine off diamonds
Relentless fall of the rupee has not dampened demand for rough diamonds in India.
July 07, 2013
A small step that can revolutionise LPG subsidy regime
It could become a giant leap towards lasting reform if the experiment in direct benefit transfers for cooking gas subsidies pans out.
How a Chinese drink plans to capture the global market
Baijiu is the world's most consumed form of liquor thanks to its popularity in China.
July 06, 2013
Why India should take care of the telecom sector
DoT, has decided that it will not cancel the GSM licences of dual-technology companies.
Gas price hike: OilMin rebuts charges of windfall gains to RIL
A week after doubling of natural gas prices was approved, the Oil Ministry on Friday rebutted charges of the move resulting in windfall gains to Reliance Industries, saying new gas production from the company's fields will not start before 2017-18.
Energy price reforms no quick fix for India's blackouts
A third of the 1.2 billion Indian population has no access to electricity.
July 05, 2013
BSE: Top gainers and losers
The 30-share Sensex ended up 85 points at 19,496 after hitting an intra-day high of 19,640 and the 50-share Nifty gained 31 points to close at 5,868 after topping the 5,900 mark in intra-day trades.
Gold snaps five day rally, down by Rs 110
Silver also dropped by Rs 800 to Rs 40,600 per kg on reduced offtake by industrial units and coin makers.
The secretive world of angadias
Bankers and couriers to almost the entire diamond industry, which swear by their superiority to India Post or any other courier service.
SPECIAL: Can Ranbaxy come out of the shadows?
It has hired consultants to advise it on a strategic project and compliance issues in the US. It also needs to improve employee morale.
Uttarakhand disaster: Should govt ban dam construction?
These activities need proper environmental assessment, disaster potential assessment, and climate change assessment before giving the green light.
The rise and fall of Brand Satyam
In its glory days, Satyam was the lifeline of Hyderabad.
Why Tatas need to take Charudatta's suicide more seriously
The management should have acted as soon as they were made aware of the senior employee's depression and abrupt exit for the company.
Rupee falls by 9 paise to 60.22 in volatile trade
The drop was also limited by fresh capital inflows and firm local stocks.
Emerging markets mania was a costly mistake: Goldman exec
Investors who ditched US markets for emerging ones during the financial crisis are set to pay a hefty price.
RBI clamps down on rupee speculation overseas
Foreign arms of many Indian firms under lens, have to seek approval to launch certain products
Gas price: Where did Moily get the $8.4 figure?
Govt approved a formula, not a price; PetroMin says a substantial rise was inevitable.
Markets end higher, US jobs data eyed
Markets gained for the second straight day but ended off their day highs as investors turned cautious and booked profits at higher levels.
New Audi RS5: Faster, sportier, swankier
The car perfectly blends in premium looks with prodigious performance.
Apple vs. Samsung: Tech giants in a battle over patents
Patents permit inventors to benefit from their creations by temporarily blocking competition.
HSBC's $1.9bn money-laundering settlement approved by US judge
HSBC has acknowledged compliance lapses, including a failure to maintain an effective anti-money laundering programme.
70% Nokia mobiles made in Chennai flout radiation norms: DoT
According to a top DoT official, there have been random checks at different factories of different handset makers and respective teams have submitted their reports.
Multi-million dollar pay package to Zynga's new CEO
Don Mattrick helped turn the Xbox business into a profitable venture after years of operating losses.
High-flying luxury: Battle for Asia's jet-set hots up
From limousine pick-ups to on-board chefs, Asia's premium airlines are investing hundreds of millions of dollars on luxury services.
July 04, 2013
Merc rolls out new E-Class @ Rs 43.65 lakh
The new E-Class diesel variant carries an introductory price of Rs 43.65 lakh or Rs 4.36 million (ex-showroom Pune), while the petrol version is priced at Rs 40.73 lakh or Rs 4.07 million.
How the Food Security Bill will drain the economy
The overall fiscal and inflationary consequences of the Food Security Bill for the country are "large" and will become clear from the next fiscal year.
When will Bajaj launch the much-awaited RE60?
Bajaj Auto, the world's largest three-wheeler maker, expects to launch its four-wheeled passenger carrier RE60 by end of the current financial year.
Manu Anand quitting Pepsi stirs up controversies
Speculation is rife that it was the poor response to Pepsi Atom and the heavy spending on IPL that cost him his job.
Gold continues rally; up Rs 30 on global cues
Extending gains for the fifth straight session, gold prices on Thursday rose by Rs 30 to Rs 26,830 per 10 grams in the national capital on increased buying by stockists and investors on the back of rising demand amid a firming global trend.
Douglas Engelbart, inventor of computer mouse, dies at 88
He had laid out a vision of an Internet decades before others brought those ideas to the mass market.
Why investors love Mahindra & Mahindra
Investors have been concerned about M&M's diversification into non-core businesses but the company is taking the right measures to build their confidence.
How the India-Europe bilateral trade pact will help
Time is running out for a possible India-Europe bilateral trade investment agreement that would be beneficial for both parties.
Have mutual funds been a success?
During these two decades, the total assets managed by the industry has grown from two per cent to eight per cent of the gross domestic product (GDP).
New banks: Why RBI must be cautious
New banks will mean the RBI must improve oversight.
Should bosses tweet? The do's and don'ts for executives
Social media may have taken the world by storm, but a group of influential people has remained aloof.
Don't depend on health cover by your employer
Take a top-up or a standalone health cover; it will help you switch jobs and give larger coverage.
Chanda Kochhar on her success story