March 31, 2011Can Nooyi bring back the fizz in Pepsi?
Coca-Cola Classic became the No.1 drink in the US with a sales of more than 1.6 billion cases sold in 2010.
Indian cos saved thousands of jobs in US: CII
The study titled, 'Indian Roots, American Soil: A Look at Indian Companies in the US Economy,' was released at Capitol Hill in Washington, DC on Wednesday at a ceremony attended by several US lawmakers from both the Senate and House.
$1.4 trillion in Swiss banks? Official junks claim
Ambassador to India says there is a prescribed procedure in a treaty with India to get information on illegal stashes in Swiss bank accounts, which hasn't been used.
Diesel prices may be freed next fiscal: Rangarajan
The proposed move would lead to dismantling of the administered price mechanism.
Language barriers will now be a thing of the past
Former President APJ Abdul Kalam on Wednesday launched the Machine translation (MT) systems, also called content multiplier tools, developed with funding from TDIL (Technology Development for Indian Languages) programme at the 20th International World Wide Web conference in Hyderabad.
How to tackle property frauds with titling
In the next five years, buying property could become a much less arduous task. A property titling law, which is in the final stages of making for Delhi, is going to reduce the headache for home buyers significantly.
PHOTOS: Why Metro is unwelcome in Hyderabad
As Hyderabad prepares the road map for its Metro rail, the city's oldest markets face survival threat.
Now, China accuses Google of tax fraud
American search engine Google, which recently accused the Chinese government of blocking its services, has been charged with tax evasion along with three of its affiliate companies.
Fake pilots: Panel to probe insiders' role
The committee, which will submit its report in six weeks, will also recommend ways to make the examination for accrediting commanders in airlines foolproof.
Tata's e-Indica to hit UK streets soon
Tata Motors, India's biggest automotive company, is readying the launch of an electric version of Indica Vista, its most popular hatchback, in the United Kingdom.
A lawyer-turned-farmer's inspiring story
Hemchandra Dagaji Patil is a role model for the farming community.
IMAGES: Rs 12.5-crore Koenigsegg Agera is here!
The hyper-car market in India got yet another player.
Chicago is building up an appetite for Indian food
While Italian and Chinese food are also well-liked, Indian food is becoming a favourite in the city that has many popular and top-notch restaurants.
Few takers for pet insurance
While pet insurance is hugely popular in the western countries, it is still relatively unknown in India, as insurance companies do not advertise about it and a large number of people do not get their pets registered.
IT employees set to return to Japan
Shortly after the twin earthquake-tsunami that hit Japan, Indian IT firms had started calling back employees.
World's top 10 technology driven nations
Finland is most technologically-oriented country in the world.
All's not well with Bihar's finances
The report was tabled by deputy chief minister S K Modi in the state assembly.
March 30, 2011Is pre-approved home loan the best option?
Usually buyers get bogged down by details. How wonderful it will be if someone can assure us with finances and all we have to focus on is to find a nice home.
Maharashtra's UIDAI fail to meet the hype
Last September, the United Progressive Alliance (UPA) government chose Tembhli, a small village in the predominantly tribal Nandurbar district, to launch its ambitious Unique Identification (UID) project - now known as Aadhaar - giving it a special mention in history.
IMAGES: Aston Martin's Rs 2.9 cr car soon in India
Aston Martin plans launch on April 15, Ferrari to follow suit.
Orissa coffee growers demand subsidy
Non-traditional coffee growers say the subsidies they get is a lot less than what traditional growers get.
Imminent market correction expected
After record foreign inflows of $29 billion in 2010, foreign institutional investors have hit pause.
IMAGES: High prices fail to dim diamonds' sparkle
Though retailers are trying not to pass on the price increase to consumers by cutting their margins, according to industry experts, the price rise has also reinstated the investment value proposition of diamonds.
Japan quakes hits China's supply chain
Japan's total trade with China rose by 30 per cent year-on-year to $301.9 billion last year, exceeding $300 billion.
Cricket stifles Chandigarh airport
Officials of Chandigarh airport, primarily a military airfield, which shares its runways with the Indian Air Force, say it is a mad scramble for parking space of private planes.
High GDP growth? Save water
For villages in Sambalpur, revisiting old ponds has meant a return to prosperity.
Hotels go all out to recreate Mohali magic
Offices have changed timings to make sure the employees don't miss Wednesday's action and a number of theatres -- starved of film releases since the world cup began -- plan to screen the match.
From Jalgaon to Harvard: A farmer's success story
It has been an incredible journey for Rajendra Hari Patil and Hemchandra Dagaji Patil who traveled from Jalgaon to the Harvard Business School to talk about their success.
March 29, 2011Note! Timings of special flights to Chandigarh
Jet Airways and Kingfisher will operate an additional flight each from Delhi and Mumbai to Chandigarh, which is adjacent to Mohali.
How an artificial leaf can solve power crisis!
Scientists have created the world's first practical artificial leaf that can turn sunlight and water into energy, which they claim could pave the way for a cheaper source of power in developing countries like India.
India one of most corrupt countries
Sixteen countries in the Asia Pacific were studied by the Political and Economic Risk Consultancy Ltd.
How to deal with the financial impact of a divorce
Divorce lawyer Mrunalini Deshmukh explains the need, "It would be practical to maintain a clear division of assets right from the start. But nobody marries with an intention to divorce. So, sorting out finances becomes a major issue."
World's top financial institutions
From World Bank to APEC, there are many financial institutions charged with keeping the global economy chugging.
What are tax-saving infrastructure bonds?
In financial year 2010-11, the likes of Larsen & Toubro, India Infrastructure Finance Company Limited, Power Finance Corporation and IDFC issued these in tranches.
Once bitten, Air India shies away from Europe
After the costly Frankfurt experiment , says Dublin hub idea not worth it.
Home entertainment: Check these media players!
These little set-top boxes are the one-stop answer to view data.
Looking for a locker? Banks aren't only option
Though private players have fewer branches, their costs are competitive
Why PM thinks this budget meets all the challenges
"You can't please all people. And the finance minister has done as good a job as was possible," said Prime Minister Manmohan Singh in an interview with T N Ninan, editorial director and chairman of Business Standard Ltd, on Monday after Finance Minister Pranab Mukherjee announced the Budget proposals in Parliament.
March 28, 2011Audi launches Q5 2.0 TDI quattro
Deliveries will begin in April.
Want to bring out the philanthropist in you?
This act of promoting the welfare of society is called philanthropy. However, you don't have to be a billionaire to start your philanthropic activities. And there is more than one way to go about it.
How will global economy survive multiple crises?
The Japanese triple tragedy earthquake, tsunami and the very dangerous situation in the nuclear power plants has also brought into sharp focus how the effectiveness of complex supply chains, which are at the heart of globalisation of output, is crippled if there is a crisis in a large manufacturing or high-technology economy.
No hike in petro prices soon, says minister
State-run Indian Oil Corporation, Hindustan Petroleum and Bharat Petroleum currently sell petrol, a commodity which the government freed from its control in June last year, at a discount of about Rs 4.50 a litre to its imported cost.
How Tamil Nadu's freebies are killing its economy!
The Dravidian model of politics seems to depend on freebies, feeds on corruption and brazenly encourages crony capitalism, says
This is the costliest hotel ever built in India!
Capt Nair's detractors will give you good reasons why his premium gamble will not work -- his lowest tariff of Rs 20,000 a night is above rivals like The Oberoi (Rs 18,500) and ITC Maurya (Rs 18,000), though it is lower than the Aman (Rs 27,000).
India may become BlackBerry's export hub
As part of RIM's strategy in India, the company has been building its resources in order to support the growing opportunities.
'Mom and pop stores are not simply going away'
Companies are trying to absorb the rising costs by investing in consistent supplies. One of the biggest priorities is to make the supply chain more efficient and resilient.
10 steps to drive the 'Decade of Innovation'
If various technical universities continue to take interest as evident now, it won't be difficult to imagine that such a platform may have more than a million projects and ideas in a few years time.
A look at investment plans for children
Insurance plans for children are available in both traditional and unit-linked insurance product categories.
In Infy, Kris may fill Nilekani's boots
The curtains are set to come down on one of India Inc's most celebrated succession dramas.
How India can ban plastic bags
Many countries are doing it successfully, India also can.
Budget forces Harley-Davidson off-road
The problem is the Budget change to the earlier rule of a concessional 10 per cent duty on CKD assembly.
How Maaza is wooing consumers this summer
To have a bigger slice of the estimated Rs 2,698-crore market growing at 25 per cent, Coca-Cola India has unveiled the summer campaign for its mango drink, Maaza.
Tips for last minute filing of tax returns
Here's a checklist, meant as a handy last-minute reference, that can help you.
How PM promises to usher in a season of change
We did not disappoint India in the summer of 1991. We will grasp the nettle once again, in the summer of 2011, the prime minister said.
L&T to sell stake in some less-than-equal JVs
The Rs 45,000-crore (Rs 450-billion) engineering & construction company is reviewing the future of some of its manufacturing JVs.
Modi's woes: Will PM offer relief?
In his representation to the Prime Minister Manmohan Singh, the Gujarat chief minister Narendra Modi submitted a memorandum on long pending issues of the state.
What Dr Singh wants from the IIM grads
Deliver with that upmarket MBA tag, says Manmohan Singh.
Once more, Mukesh treads into Anil's territory
Sets up joint venture with D E Shaw.
Should you invest in SIPs? Read on to find out
Systematic investment plan is a scheme which allows investors to invest in a mutual fund a certain amount of money over a period.
8 shocks that await India, global economy
A Citi strategist, Guillermo Felices, in a study has enumerated eight shocks that are hitting, or are soon going to hit, the global economy.
March 25, 2011China imported highest amount of grain in history!
China, which had built up a huge network of silos to store foodgrains, imported the largest quantities of grains in its history last year to beef up reserves to avoid a food shortage this year.
Innovation: 1 lakh projects for low-cost solutions
A black box for automobiles, low-cost solar water heater, power generation from biogas using bike, an improved apparatus for ultrasonography are part of a treasure trove of projects done by college students.
Tata Motors: First Indian firm to make 100,000 CVs
Leading automobile company Tata Motors on Friday said it has become the first Indian company producing 1 lakh (100,000) commercial vehicles in a financial year.
Are you eligible for a loan? Check it out
Credit Appraisal is the process followed by banks to determine the borrower's ability to repay his loan as well as his trust worthiness.
Currency options are for speculation, not goals
In the last four months, the daily average turnover of currency options has increased from Rs 600 crore to Rs 3,000 crore.
IMAGES: World's 20 most innovative companies
Fast Company lists Apple as the world's most innovative company.
Is Wipro planning a massive lay-off?
Wipro, the country's third-largest information technology (IT) services company, is asking non-billable employees unwilling to work on any project they have been assigned to leave immediately.
PHOTOS: Maserati, Gran Turismo for India!
Both Maserati and Ferrari are owned by Fiat and also have a lot in common.
We are definitely against capitalists: Kerala FM
Thomas Isaac, Kerala finance minister, says the Leftist government in the state wants to develop an egalitarian society where there are no capitalists.
GM Rao: The man who donated Rs 1,540 cr
GM Rao has been quite active in philanthropic activities for quite some time through GMR Varalakshmi Foundation.
Bengal polls: This is what the aam aadmi wants
As far as West Bengal is concerned, aam aadmi is seething with discontent as loads of improvements in various sectors are what they need.
China's gross national income rank at 125!
China's gross domestic product (GDP) accounted for 9.5 per cent of the world's total in 2010, ranking second in the world, but its per capita gross national income (GNI) lagged behind 124 countries.
Premji against law on mandatory CSR spending
Wipro Chairman Azim Premji on Thursday came out strongly against the idea of formulating laws on mandatory spending by industry on corporate social responsibility.
No storage! Govt admits to rotting foodgrains
Amidst a warning that the country is sitting on a "grain bomb" due to prospects of record wheat output, the government on Thursday admitted to cases of foodgrains rotting and said enough storage facility must be created.
Engg, B-school campuses lap up boom-time lollies
Salary hike isn't enough anymore, it's time for stock options, promise of deferred entrepreneurship and much more.
Interest-free loans for 1st-time home buyers in UK
The British government on Wednesday said that first-time house buyers in the United Kingdom will be offered interest free loans to help them get a foot on the housing ladder.
PHOTOS: The world's 10 cleanest cities
The consulting firm Mercer recently came up with a list of world's cleanest cities. Mercer took into account air quality for the upkeep of streets and squares to produce the 2011 ranking.
March 24, 2011GM threatens to fire 250 Gujarat plant employees
General Motors India officials on Thursday met Gujarat Chief Minister Narendra Modi to discuss further investments in the state, amid continuing 9-day-long labour unrest at the car maker's Halol facility that has resulted in production loss of over 700 cars so far.
Chatwal Hotels ties up with Wyndham Group
The announcement was made at a press conference at The Chatwal New York on March 23 by Sant Singh Chatwal, chairman and chief executive officer of the Chatwal Hotels and Eric Danziger, president and chief executive officer of the New Jersey-based Wyndham group.
Donate money, Gates, Buffett tell rich Indians
Gates said it was his Microsoft experience which prepared him well for work being done by the Bill and Melinda Gates foundation.
Buying a house? 5 points you MUST note
The asset also has emotional value and therefore families should perform meticulous research before buying the same.
Harley Davidson will not hike bike prices in India
US cult bike maker Harley Davidson on Thursday said it will not hike prices of its two models to be assembled in India despite an increase in import duty for completely knocked down (CKD) parts.
Food prices continue to rise; inflation at 10.05%
Food inflation crept back into double digits at 10.05 per cent for the week ended March 12, breaking a three-week long downward spiral, as prices of vegetables, fruits and protein-based items increased.
How Rajaratnam case highlights fund managers' role
The Raj Rajaratnam case may seem like an important case of insider trading involving a hedge fund in the US, but it is more important when it comes to illustrating how market participants comprehend their place.
Singur still a hot bed of industrial possibilities
What exactly is going to be Singur's fate?
Meet Sindhuja Rajamaran, the world's youngest CEO!
Sindhuja's journey from an ordinary school girl to the CEO of a company started when she was around 10.
'We want first-hand feel of market'
Ajit Jain, who been mentioned as a possible successor to Warren Buffett, shares his thoughts.
The stunning new Volkswagen Passat at Rs 23 lakh
The car is pitted against the might of Honda Accord that enjoys immense trust in the country.
Per capita income: Mumbai richer than Delhi
Mumbai, the financial capital of India is richer than the capital city, New Delhi.
Oracle of Omaha's success mantra
I have been enjoying what I have been doing for the past many years and not a single day has passed when I haven't had fun, says Buffett.
25 facts about Japan's $300 billion disaster
Japan is estimated to suffer a whopping loss of $200-$300 billion, according to Risk Management Solutions Inc.
Luxury cars may be dearer by Rs 6 lakh
Top-end luxury cars may become more expensive by up to Rs 6 lakh when the duty cut on completely knocked down (CKD) kits passed by the Lok Sabha gets implemented. CKD kits comprise pre-assembled engines, transmissions and gearboxes.
The world's 16 largest IPOs ever
A look at companies that have launched some of the biggest IPOs.
Lack of development in states? Blame the Centre
Bimal Jalan says the Centre should make policies and reimburse the expenses of states but not prescribe how the money is spent or how the policy is implemented.
Sebi scans chat forums, blogs for market rumours
Many of the established websites too, have sections on their portals wherein visitors can just login and upload any piece of information that can be accessed by all other members.
Why the BSNL-MTNL merger has been stuck
While MTNL offers services in the lucrative Delhi and Mumbai circles, BSNL operates in the rest of the country.
DoT mulls interception of Google, Skype
The move, if implemented, will mean that the government will be able to track emails sent through Gmail as well as intercept voice calls made through Skype.
9 Indian brands amongst world's 500 best
The most recent Global 500 report by Brand Finance shows that despite the controversies, Tata Group's brand value has soared to $15.08 billion.
Buffett interested in acquisitions in India
Famed billionaire investor Warren Buffett on Wednesday said his conglomerate Berkshire Hathaway would look at possible acquisitions in India as and when there were opportunities.
March 23, 2011How Buddha plans to improve Bengal's economy
The West Bengal chief minister dished out a prescription to improve the economic condition of the state.
FIIs bullish on India once again
Foreign institutional investors (FIIs), bearish till recently on the Indian equity market, seem to be having a change of heart.
Automakers bet big on electric, hybrid vehicles
With Budget concessions in place to propel the Indian automobile industry on a green drive, manufacturers are planning electric and hybrid variants of cars and two-wheelers.
What Bill Gates plans to do in India
Software czar Bill Gates and wife Melinda will meet government health officials and community workers in Bihar today.
Insurance cos to create nuclear insurance pool
According to sources, the government has convened a meeting involving the Nuclear Power Corporation and General Insurance Corporation (GIC), the only domestic re-insurer in the country, to take stock of the progress.
Credit cards: How balance transfer is a BIG help
Banks provide incentive for customers who use balance transfer by providing a low interest or interest free period.
IMAGES: India's most favourite mobile phones
India is the second largest mobile handset market in the world after China.
Amit Mitra's recipe to revive Bengal's economy
Trinamool Congress candidate Amit Mitra, who is an economist by training and is pitted against West Bengal Finance Minister Asim Dasgupta in the Assembly polls, has said the state's financial condition can be improved with a flow of investments and expansion of existing industrial units.
First PHOTOS: Warren Buffett in India
'They treat me much better in India than they do in the United States.'
Keep tab on firms pledging shares
A recent report by Morgan Stanley Asia Pacific points that 774 listed companies have pledged shares with banks.
I tipped Rajaratnam, says ex-Intel exec Rajiv Goel
Rajiv Goel, a former Indian American Intel executive, has said that he passed secret tips to his 'friend' Raj Rajaratnam, the main accused in the largest insider trading case to hit American courts in decades.
'Premiums needed for catastrophes'
First, we need to have premiums for catastrophe events, like what they have in the developed countries. Although fire insurance covers accidents and floods, earthquake cover is optional.
IMAGES: 15 most valuable brands in the world
Five of the top ten largest growers are technology-related companies.
World's 20 largest producers of cars; India 6th!
With an annual production of about 2,632,694 cars in 2009, India is now the seventh largest vehicle producing nation in the world. It is a milestone the country achieved six years ahead of the set target.
Carmakers face challenges from Japan crisis
While they could pass on the burden of increased input costs to customers, a shortage of components, compounded by the March 11 tsunami and quake in Japan and the Reserve Bank's latest rate hike -- which could affect car financing -- have made them jittery over their prospects in the short-to-medium term.
Why companies are bullish on Bihar
With a growth rate of above 10 per cent, today major national and international companies are making a beeline to enter Bihar.
March 22, 2011'Indian-Americans helped Rajaratnam make millions'
Raj Rajaratnam made $4 million on Hilton stock in a single day after allegedly getting tips.
Jet airways seeks $5.5-bn insurance cover
With its current cover set to expire on April 16, Jet Airways is seeking a cover of around $5.5 billion from the government-owned Oriental Insurance.
The 4 best ways to invest in gold
You can do so through physical gold (coins and bars), gold exchange-traded funds (ETFs), feeder funds and the e-series (popularly called, e-gold) launched by the National Spot Exchange.
FB's virtual currency may become real for Indians
Beam, a mobile-commerce company, has sought the Reserve Bank of India's permission to make Facebook Credits available in India.
PHOTOS: The world's 20 best airports
Three airports from India are among the world's best airports.
3G's maiden run leaves users stranded
Users face a lot of hiccups after the launch of 3G.
China to produce 'human milk' from GM cows!
Chinese scientists claimed to have created a herd of more than 200 cows that is capable of producing milk similar to that of humans.
Pranab withdraws service tax levy on healthcare
The finance minister also provided some relief to readymade garment manufacturers by raising the abatement available for levy of taxes on retail price of some branded garments and textile made-ups.
Why commerce ministry was upset with the Budget
According to a senior commerce ministry official, the Budget sought to withdraw some significant stimulus measures "in a clandestine manner", which would affect exports and lead to impediments in efforts to achieve $450 billion worth of exports by 2013-14, from around $250 billion at present.
India's highest paid IT company CEOs; Kurien leads
With a target to get the IT business back on growth, Kurien will get a salary in the range of Rs 3 crore (Rs 30 million) to Rs 10 crore (Rs 100 million) per annum.
How Praful Patel will play out his new role
From a high-profile civil aviation ministry to a relatively low-key Ministry of Heavy Industries and Public Enterprises, Praful Patel is currently busy in launching a multi-pronged strategy for making public sector enterprises globally competitive.
ELECTION: What Mamata has in store for Bengal
Mamata Banerjee led TMC has released its election manifesto on Monday promising to bring all round development in West Bengal with special emphasis on industry and agriculture.
How they adapted technology for human need
MIT's Technology Review India has selected 18 innovations from a nominee list of 200.
Fake pilots! How licenses can be forged
Pilots fake certificates to fly. Aviation schools cut corners. As a result, the licences of 4,500 pilots are under the scanner. Business Standard looks into the mess in the skies.
Why India needs to spend more on its defence
India's per capita expenditure on defence is less than $10, while the average expenditure of the top ten spenders in Asia is $800 approximately.
Why the phenomenal Tata Nano has wowed US!
'The Nano becomes a tool and a metaphor for the future. It will be a tool in the sense that any first car purchase in a country like India opens its owner to imagining their own mobility in and through the mobility of the car. This is a feature and a potential of all first cars in India,' says NYU Prof Arjun Appadurai.
Japan disaster: A wake-up call for other nations
A realignment of the global energy mix is now almost guaranteed.
March 21, 2011Indian IT cos recall staff from Bahrain
Indian IT giants like TCS, Infosys and Wipro have decided to call back their employees from Bahrain.
10,000 commercial pilot licenses under DGCA lens
Aviation regulator DGCA plans to bring under the scanner over 10,000 commercial pilot license (CPL) holders and conduct third-party audit of all flying schools in the country in the wake of cases of forgery behind securing of licences coming to light.
Trains @ 350 kmph! 6 high-speed routes identified
Aiming at connecting Patna with high speed train, the Railways will undertake a pre-feasibility study of Delhi-Patna rail route, which would be conducted by a British firm.
Private hospitals alarmed at govt plan to fix fees
Expressing apprehension over the Centre's move to regulate fees at their hospitals, private healthcare chains on Monday said such a step will not be 'plausible' and even if it were to be initiated, the government must not do it unilaterally.
First PHOTOS: The stunning Boeing 747-8
The 747-8 Intercontinental's first flight marks the beginning of a flight test program that will finish in the fourth quarter.
Buffett to ask Indian billionaires to open wallets
Buffett is not coming to only talk foreign direct investment in insurance and invest his billions in Indian equities.
AT&T to buy T-Mobile USA for $39 bn
The deal, which was approved by the boards of both companies, includes $25 billion in cash and the rest in AT&T stock.
Why Volvo S60 T6 is causing a flutter!
Importantly, Volvo has even addressed the steering that weighs up very nicely and adds to the surefootedness, whether you've selected Sport or Advanced on the C-Chassis system.
The secret behind China's economic success
China's economic success is due less to its authoritarian system and more to Deng Xiaoping's leadership, its Far Eastern location and investments by its diaspora.
Save on travel via group deals
Group buying sites take on travel portals with affordable packages.
IMAGES: The world's 20 largest buildings
The Terminal 3 at Dubai International Airport spread across an area of 12.76 million sq ft is the world's largest building in terms of floor space.
Provident Fund: An answer to a secure future
Fulfill the formalities before extending the term, else it is a dead investment.
Which to buy? Toyota Etios or Tata Manza
Here's how the Etios stands when pitted against the Tata Manza, one of its close competitiors.
Domestic airlines hike fares by over 100%
Airlines are also said to be cashing in on the Jat agitation which has virtually disconnected Delhi-Lucknow with many trains being cancelled.
FY11 may bring dividend bonanza for shareholders
India Inc is poised for a dividend payout increase in 2010-11, due to an expected 18 per cent growth in net profit.
March 18, 2011Robots that perform 'humane' tasks and are social
With robots gaining a more human-like appearance and becoming more social over the past 50 years, it is possible.
Recession? US CEOs earned $126 million in bonuses
Top executives collect a lot of different types of pay, including salaries, long-term equity awards and bonuses tied to company's performance.
Airfares zoom as people flee Japan
The earthquake and Tsunami in Japan has led to a shocking spike in airfares from Tokyo to other parts of the world including India, while inbound fares have dropped.
How Indo-US business can enter boom time
American business believes the best way the United States and India can share high technology with one another is by cooperating in the defence sector, says Ron Somers, president of the US-India Business Council.
Pesky calls? They aren't going to end soon
Pesky calls from telemarketers may continue to nag customers for some more time as the Telecom Regulatory Authority of India is likely to extend its March 21 deadline again.
TAX: Nations with highest and lowest rates
For companies, the challenge is dealing with the loss of public trust and increased scrutiny over how much tax they pay.
How to invest smartly for your child's future
Several parents, who had been happy spenders, seriously consider saving and investing. As the old dictum goes, starting early is the best thing. Most, however, are confounded with the choice of products when it comes to saving for the child's education.
World's 110 most ethical cos: Only HDFC from India
0 companies made it to the The Ethisphere Institute's list including Adidas, eBay, Microsoft, Colgate-Palmolive and 30 other newcomers.
Made in India! GE's low-cost medical devices
GE Healthcare on Thursday unveiled two advanced cardiac care solutions, designed and developed in India, with an aim to help provide better, affordable early cardiac diagnosis for more people.
1 in 2 Indians victim of mobile phone loss
Almost 77 per cent of the victims considered the loss of contact information the worst part of the experience, said the survey.
Transparency watchdog lauds ONGC's openness
Reporting on anti-corruption programmes shows what companies are doing to fight corruption and helps prevent individuals from misappropriating revenues and bribing foreign officials.
Five biggest nuclear reactors in the world
there are more than 440 commercial nuclear power reactors operating in 30 countries, with 377,000 MWe of total capacity, providing about 14 per cent of the world's electricity.
March 17, 2011Economic effect of Japanese quake on India, globe
Japan's nuclear crisis and the devastations caused by last Friday's earthquake and tsunami are unlikely to trigger a global recession as happened in the aftermath of the collapse of the US investment bank Lehman Brothers three years ago, according to leading economists.
SC cancels Hassan Ali Khan's bail
The court also granted four-day custody of Khan to the Enforcement Directorate.
Handset makers to ride on low-cost 3G phone wave
Mobile consumers can now expect a sharp decline in the prices of mobile handsets as manufacturers slash prices to get their hands on the expanding 3G user pie.
Japan crisis: Honda, Toyota delay India launch
The heart breaking Japanese catastrophe and huge booking orders of Etios saloon being the respective reasons.
Yogurt is now positioned as the new health food
Big players are repositioning packaged yogurt as stand-alone breakfast option or health dessert.
Post Budget, luxury car sales rise by 25%
The new definition for completely knocked down (CKD) units of vehicles introduced in the Budget for 2011-12 has pushed up sales figures of luxury cars.
Japan quake may cost insurers $35 billion
The catastrophe is one of the costliest ever for the insurance industry.
CIL staff wants to buy Gandhi's house in S Africa
Navratna public sector unit Coal India Ltd has received a proposal to acquire 'The Kraal' -- Mahatma Gandhi's house in Johannesburg where he had lived a century ago -- and convert it into a memorial, the government has said.
RBI raised interest rates; how this impacts you!
The Reserve Bank of India in its quarterly monetary policy review has hiked rates.
World's 10 most expensive streets
According to FN, Hong Kong's Severn Road stands out to be the most expensive street in the world.
Which drugs will be costlier, cheaper now
The National Pharmaceutical Pricing Authority (NPPA) on Thursday said it has increased prices of 62 drugs, which are mainly based on indigenously manufactured insulin, giving a filip to domestic firms.
IMAGES: The Rs 80-lakh BMW 6-Series soon in India
There will be two petrol engine options offered with a standard eight-speed automatic gearbox in the 640i and 650i.
TVS plans India's cheapest motorcycle
With this new product, TVS Motors intends to bridge the price gap between the company's range of mopeds and motorcycles.
How to lower your motor insurance premium
Use no-claim bonus, online discounts or negotiate hard to get it reduced.
Hyderabad: The convention hub of India
Hyderabad has emerged as the convention capital of the country and a one-stop destination for business tourists.
Scams, controversies: Why are scientists quiet?
The task to build scientific literacy will not happen without their engagement and their tolerance for dissent.
March 16, 2011Japan: Factories remain shut, price hike likely
The aftershocks of the earthquake and Tsunami in Japan will be felt in industries in other parts of Asia and Europe.
India, China to show strongest GDP growth in 2011
We expect the region to record another year of solid growth in 2011, the survey said.
Economic recovery: US sounds upbeat
The apex bank's observation on Tuesday comes at a time when global markets remain uncertain about the overall impact of the tsunami and the subsequently unravelling nuclear crisis in Japan.
The AOL India story: 90% staff fired!
From 1,000 employees a year ago to barely a 100 now: that is the gut-wrenching story of the Indian operations of online media major AOL.
PHOTOS: The world's most expensive cars
From Bugatti Veyron Super Sport, the fastest car in the world, to Hennessey Venom GT, whose production is as low as 10 units a year, supercars are indeed in a league of their own.
TCS, Infy, Wipro recalling Indian staff from Japan
As Japan makes frantic efforts to deal with the nuclear radiation leaks from the Fukushima Daiichi nuclear power plant in the aftermath of earthquake and tsunami, Indian information technology firms have begun relocating the families of their Indian employees in the country.
Vibrant Gujarat MoUs under I-T scanner
Dept seeks details of companies that signed Rs 1,000-cr MoUs.
IMAGES: India's 55 wealthiest people
The combined wealth of India's 55 richest is $246.5 billion, much higher than last year's total of $222.1 billion.
'We can't have high inflation & low interest rate'
KC Chakrabarty, deputy governor of RBI, speaks to Business Standard on inflation and a host of other issues.
Economic Freedom: India's top 20 states
The report on the Economic Freedom of the States of India is the latest in a series of annual surveys on the economic freedom of Indian states, which started in 2004. The latest report takes 2009 as the period under review.
24 amazing innovations from rural India
India's rural innovators have proved that ordinary people are indeed capable of extraordinary inventions.
Advance tax: This is what the big companies paid
Advance tax payment is a staggered system of paying taxes and is generally seen as a barometer of a particular company's performance as the tax payments are made in line with profit expectations.
March 15, 2011Advance tax: E-filing may come to your rescue
Advance tax needs to be paid by all - individuals, consultants, businessmen and salaried.
Prepaying your loan? Remember this
Try prepaying annually as foreclosing your loan comes at a cost.
Flexible working hours at 80% Indian firms!
Four-fifths of companies in India are now offering their staff flexible working and a majority of these companies are finding that it is bringing them major benefits such as reduced overheads, a research report from Regus said.
'Gold industry should look into branded segment'
Some of the leading, most cutting-edge, designs in India take inspiration from Indian culture and history.
History made! Maruti rolls out 10 millionth car
The historic 10 millionth car is a Metallic Breeze Blue WagonR VXi, with chassis No 243899 and was rolled out from the company's Gurgaon plant.
Yunus on why he was sacked as Grameen Bank MD
Nobel peace prize winner Muhammad Yunus, who has been ousted as Grameen Bank managing director, tells Business Standard he hopes the bank continues to be run by the poor of Bangladesh.
The man who made home loans possible in India!
HTP founded the Housing Development and Finance Corporation (HDFC), back in 1977, and for the first time made it possible for salary-earning, middle-class Indians to become home owners long before retirement.
New twist in Wall Street insider trading case
The central question of this insider trading case is whether the Sri Lankan born billionaire earned $45 million by using leaked confidential information.
Why India will never see a 2nd Green Revolution
Today, public policy projects itself as pro-farmer but it does it half-heartedly, complains Swaminathan.
Have an idea? Find an investor and get a US visa!
The StartUp Visa Act of 2011 will allow an immigrant entrepreneur to receive a two-year visa if he or she can show that a qualified US investor is willing to invest in the immigrant's start-up venture.
Cybercrime sets sail on tsunami sympathy
With the Japanese still under shock after the quake-cum-tsunami, people around the globe are working to provide help.
Japan's ripple effect may reach India
Rebuilding the country will push the prices of commodities and also result in a pull-back of capital.
Sensex sheds 272 points on global concerns
The 30-share barometer, which gained 265.39 points in the previous session, tanked 486.88 points, or 2.64 per cent, to below the psychological 18,000 points level at 17,952.60, with all sectoral indices trading in the negative zone with losses up to 2.73 per cent.
How earthquake, tsunami have hit Japan's economy
As Japan faces the biggest crisis since World War II, initial estimates peg the country's economic loss at a whopping $170 billion
The 'Kraft' of wooing India
The $50-bn foods major will ride piggyback on Cadbury's strong brand equity.
IMAGES: India's 7 most corrupt industries
The KPMG report said, strict enforcement of existing provisions under law, both for the taker and giver, is believed to be the need of the hour to prevent further erosion of trust and credibility of India's economic success.
World's top 10 exporters and importers of food
Food inflation is rampant the world over. In Tunisia -- and to some extent in Egypt -- it actually led to the toppling of the government following riots over high food prices. West Asia and North Africa too have seen similar -- and huge -- protests over the hardships people are faced with due to runway inflation.
March 14, 2011PIX: $287 billion lost as Tokyo market crashes!
Japan's financial woes mount as the Tokyo Stock Exchange saw one of the worst crashes on Monday.
New Nokia E7 at Rs 29,999
The company is already in the market with its flagship smartphone Nokia N8.
Buffett in India on March 25, to meet investors
Warren Buffett will meet with individuals that have bought insurance policies through his Indian venture Berkshireinsurance.com.
With less corruption, India can grow over 9%
per cent of respondents believed that the biggest impact of corruption business was its tendency to skew the level playing field and attract organisations with lesser capacity to execute projects.
How to address India's healthcare disaster
The real healthcare issue in India is that there is so little that is publicly funded. India is almost unique in that public funding of healthcare is only a fourth or fifth of the total; the rest comes from private resources.
How Microsoft took on the gaming industry
Software giant Microsoft took on the challenge to begin work on its own game machine, extending its tremendous technological shadow further in a quest for a home entertainment centre.
Difficult road ahead for Honda
While the Hero Group is working out a new brand strategy, Honda Motor Corporation is preparing to step on the gas and corner a larger share in what is ranked as the second largest two-wheeler market in the world.
This is India's biggest real estate boom town!
Statistics from PropEquity, a firm that compiles and analyses real estate data across India, show that by 2014, Noida will have 190,123 new houses and apartments -- almost 40,000 more than what Gurgaon, Navi Mumbai, Gachibowli (Hyderabad) and Hinjewadi (Pune) collectively offer.
Wary about using credit cards, try cash cards
While cash cards are not a new concept and the user need not have a bank account, they are yet to gather steam in India. Most cash-card companies are taking the next big step with mobile wallets.
How Dell has changed lives for rural Indians!
When Dell decided to start its operations in Tamil Nadu, the state government wanted the company to operate from a rural area.
Don't let inflation play havoc. Invest smartly
Invest in gold and realty that move in tandem with inflation.
IMAGES: Japan can tide over economic crisis
The massive earthquake that logged 8.9 on the Richter scale, and the tsunami that struck northeastern Japan, have wrecked enormous havoc on Japan taking a huge toll in terms of life and property.
Return in shortest time not the best goal
One needs a more practical approach to investing or managing finances. By running behind the highest returns, other important factors get ignored.
Think before investing in insurance schemes
Investments in such products are due to either of the following reasons: Surplus money, getting maturity proceeds from another policy or last-minute investments for tax exemption.
Inflation rises marginally to 8.31% in February
The rise in inflation was mainly on account of higher milk, edible oil, vegetable and fruit prices.
Is Internet Explorer wary of Chrome?
According to Juxt, users' loyalty with Chrome is the highest, at 64 per cent, followed by Firefox, at 36 per cent, and IE at 29 per cent.
Apple to bite into the e-reader market with iPad
The Cupertino-based Apple unveiled its latest version of iPad in the US earlier this month.
Failure of Indian cities? Blame state govts
Urban reform cannot be imposed from Delhi, state governments have to step in.
India's 'misery index' shoots up: What this means
The index, a formulation of economist Arthur Okun and got by adding the proportion of unemployment to the inflation rate, is a popular measure in the developed world to judge economic well-being.
CAG: From account checker to conscience keeper
CAG has come a long way from an institution created to set the British finances right after the 1857 revolt.
12 Indians among WEF's Young Global Leaders
Drawn from a pool of almost 5,000 candidates, the Young Global Leaders 2011 were chosen by a selection committee chaired by Queen Rania Al Abdullah of Jordan.
PHOTOS: Volkswagen's awesome CarTowers!
Volkswagen's Car Towers -- at the theme park Autostadt next to the carmaker's plant in Wolfsburg in Germany -- are transparent cylindrical buildings that rise 150 feet to 490 feet above the ground.
March 11, 2011IMAGES: Quake jolts crisis-hit Japanese economy
Today's devastating quake has dealt another blow to the ailing Japanese economy, already faced with mounting debts and falling exports.
Meet India Inc's best performers
Asian Paints Managing Director & CEO P M Murty is the Business Standard CEO of the Year for 2009-10.
Pesticides banned abroad used in India, admits Min
Nicotin Sulfate and Captafol have been banned for use in the country but their manufacture is allowed for export, he said adding four pesticide formulations have been banned for import, manufacture and use while seven others have been withdrawn.
At 80, Murdoch is still ace dealmaker
If all goes according to Rupert's plans, he will remain chairman and CEO of News for some time to come.
Now, a bullet proof Tata Safari for Rs 60 lakh
India's largest vehicle maker, Tata Motors has introduced an armoured variant of its Safari, which can even resist an assault of an AK-47 rifle.
Now, a credit card that talks to you!
Dynamics Inc is developing such cards - due to be introduced in the US later this year - which will have wafer-thin microprocessors and would run on batteries that can last up to three years.
World's 10 most admired companies
Apple, Google and Berkshire Hathaway are among the most admired companies in the world.
Pay more for third-party motor insurance
The premiums for third-party motor insurance may rise by 50-80 per cent this year.
Nippon Life may buy 26% in Reliance Insurance
Japan's largest life-insurer, Nippon Life is eyeing 26 per cent stake in Anil Ambani-owned Reliance Life Insurance Co.
High food prices unacceptable, says FM
Mukherjee said the high inflationary pressure, specially in food and some non-food articles, existed in other emerging economies also.
Industrial growth slows down to 3.7 pc
However, growth in factory output in January, as measured in terms of the Index of Industrial Production, was better than the 2.53 per cent expansion (revised upward from 1.6 per cent) witnessed in the previous month.
REVEALED: 12 cars Indians are most satisfied with
Market research firm TNS global recently did a survey on the cars that satisfy Indian consumers.
18 hottest technology innovators from India
Their exceptional technical contributions hold great promise to shape our future.
How smartphone companies are wooing customers
Global and domestic manufacturers woo consumers with low-priced, feature-rich handsets.
EXPLAINED: How Budget helps turn black money white
What is worrying analysts is that such money that flows into India seems to be the money of Indians, sent abroad first through the hawala route and then subsequently laundered abroad, especially in tax havens.
PHOTOS: The world's 20 poorest nations
These nations have faced adversities like consequence of poverty, genocide, years of war, lack of natural resources, poor farm management, and limited access to clean water and health care.
Drunken flying: 57 pilots caught!
The Directorate General of Civil Aviation (DGCA) has taken action against 57 pilots for drunken flying in the past one year, terminating the service of 10 of them, Rajya Sabha was informed on Thursday.
Are you a collector? Look out for the taxman
Precious metal coins may attract capital gains tax.
March 10, 2011What do the 'super-rich' worry about
They may have the moolah, and millions of it, but that does not necessarily make them happy, according to a new study that finds that super-wealthy people feel isolated and worry the most about love, work and future of their children.
Tata's Divo to compete with Volvo, Mercedes
Tata Motors will launch Divo, a luxury AC coach meant for intercity long-distance operations, in the first quarter of the next financial year.
LAUNCHED! The stunning Volvo S60 at Rs 27 lakh
Volvo S60 is all set to re-define the driving dynamics for the discerning car buyers.
Oil prices, deficit to keep rupee weak
High crude oil prices, widening current account gap and political uncertainty may keep the rupee weak in the near term.
IMAGES: The world's 16 richest people
Total number of billionaires, this year, has increased to a record 1,210 from 1,011 last year. Though America has the 33 per cent of the mega-rich, Asia-Pacific region has surged forward and overtook Europe for the first time.
Good news! Indian cos on hiring spree
A leading job portal on Thursday said that sectors such as retail witnessed a good recruitment trend on the back of rising domestic demand.
Govt blames the poor for price rise, says Left
Participating in the resumed discussion on the General Budget in the Rajya Sabha, Communist Party of India-Marxist leader Brinda Karat said the government is linking food inflation to higher purchasing power among the poor resulting from employment programmes like Mahatma Gandhi National Rural Employment Guarantee Scheme.
Ferrari in India soon, price begins at Rs 2.2 cr
The company has appointed the Shreyans Group as its official importer in India.
Two faces of China: 20 facts on rich-poor divide
China has grown extraordinarily to become the world's second largest economy.
Budget jolt: Major auto firms rethink India plans
Budget proposal on CKD tax jolts Audi, Harley-Davidson plans.
How best to manage your money: 4 GOLDEN tips
The options, in terms of instruments, are many.
Premji's dream university from July
The Azim Premji Foundation, a not-for-profit organisation under whose aegis it is being set up, said on Wednesday the university would launch three courses in the first year of operation, to begin this July.
Is ISRO involved in Devas' meteoric rise?
The inquiry into Devas Multimedia's deal with Antrix, the commercial wing of Indian Space Research Organisation (ISRO), has found that when the Indian arm of the company was founded in 2004, it had just two shareholders and a paid-up capital of Rs 100,000.
IIM duo to intern with Trinamool Congress
The IIM-C finalists Hariharan Sriram and Mansha Tandon wrote to Trinamool Congress chief Mamata Banerjee about four months ago, expressing their eagerness to do the internship with the party from April 11 to May 13.
Govt may roll back some Budget taxes
Bowing to pressure, the finance ministry may give industry relief from some of the new levies proposed in the Budget.
Raju's 'social' orphan learns to manage on its own
Byrraju Foundation, the non-governmental organisation set up by Satyam Computer Services founder B Ramalinga Raju and his family, was left orphaned in January 2009.
IMAGES: The 26 most popular cars in India!
Total sales of vehicles across categories registered 21.32 per cent growth to 13,70,932 units in February, 2011.
IIMK grad bags starting salary of Rs 32 lakh
The highest international package of $150,000 was offered by a commodities trading company while the highest domestic compensation of Rs 32 lakh (Rs 3.2 million) was offered by a Europe-based investment bank, according to an IIMK press statement.
Hassan Ali: I-T demand raised to Rs 60,000 cr
The IT department, which earlier had raised a total tax demand of Rs 71,845 crore (Rs 718.45 billion) on Khan and his associates, has now included a 24 per cent penalty on this amount as the assessment on them was made in 2008, according to department sources on Wednesday.
Air India earns Rs 36 cr a day, spends Rs 57 cr!
Explaining the precarious financial health of India's flag carrier, the government on Wednesday said Air India earns Rs 36 crore (Rs 360 million) a day from its operations while it spends about Rs 57 crore (Rs 570 million).
Loop offers to auction its 2G licence
Loop is one of the operators which have been named along with others in the entire case as it was awarded licence in 2008 by former Telecom Minister A Raja.
March 09, 2011New record! Indians bought 189,008 cars in Feb
Domestic passenger car sales touched a record 189,008 units in February this year, a growth of 22.63 per cent vis-a-vis the figure for the same month of 2010, as customers advanced their purchases fearing a possible excise duty hike in the Budget.
This couple globe-trotted without flying!
The founder of bookfinder.com and his wife travel across the world for a year without flying to fight climate change.
The TRUE impact of Budget on your tax, money!
In the following analysis, RelaxwithTax has tried to squeeze out the useful information -- from the Budget Speech delivered by Finance Minister Pranab Mukherjee -- that is relevant to you in terms of personal taxation and finance.
Why FDI in India plunged 48% in January
With economic recovery in the rich countries, especially European nations, remaining fragile, FDI inflows to India plunged by 48 per cent to $1.04 billion in January over the same period last year.
MNP requests cross 38 lakhs in Feb
As per the data reported by the service providers to Telecom Regulatory Authority of India, by the end of February 2011, about 38.33 lakh (3.83 million) subscribers have submitted their requests to different service providers for porting (shifting) their mobile number.
India roads get ready for premium bikes
Honda, Bajaj, Yamaha and Mahindra are revving launch plans for the 200cc and above motorcycle segment.
Mamata's insult to the aam aadmi
The benefit the ordinary person gets from unchanged fares is more than neutralised by the lack of service quality like the trains running on time.
Free local train travel for school, college girls
In a Women's Day gift, Railway Minister Mamata Banerjee on Tuesday announced free monthly seasonal tickets -- for local travel -- to girls till their college level education.
Budget: How good is it for senior citizens?
Bringing down the Income Tax slab is a boon for them, but anomalies regarding health insurance benefits remain.
West Asian crisis means gold's glitter is to stay
Thomson Reuters Proprietary Research study pointed to a strong momentum for gold over the medium term, identifying strong global liquidity and low interest rates as support for a continued rally.
Why top Indian IT gurus are changing jobs
Blame it on improved business climate, restructuring within companies or just the basic need to pursue better opportunities -- the Indian information technology industry is seeing heavy churn at the top.
Wall Street's biggest insider trading trial begins
The much-awaited trial of Raj Rajaratnam, founder of erstwhile Galleon Group, who has been indicted by Federal authorities in the biggest insider trading case on the Wall Street, began on Tuesday in Manhattan Federal Court.
Should Air India have sacked COO Baldauf?
Being given the soft option of resigning suggests he was being sheltered by top management but the government got rid of him for the wrong reasons.
He crafts miniature machines, enters Guinness Book
A Nagpur-based engineer has earned a name for himself in the Guinness Book of Records for developing and designing miniature machines, steam engines and models of luxury motor cars, including world-class Mercedes Benz.
IMAGES: All about Mercedes-Benz E350 Coupe
The Chakan based manufacturer believes the E-Coupe has set new standards in its segment with its design and technology.
These will be the 10 richest nations by 2050!
According to a study -- Global Growth Generators: Moving beyond 'Emerging Markets' and 'BRIC' -- conducted by global financial giant Citi, India will emerge as the world's number one economy and have a per capita GDP of $40,000 by the year 2050.
Petrol price may rise in India
The recent issues dogging West Asia have become a major cause for concern due to the spike in the crude oil prices.
March 08, 2011Conflict of interest in defence ministry, says L&T
L&T chairman and managing director A M naik has written a letter to Prime Minister Dr Manmohan ingh saying there is a conflict of interest in the way the defence ministry is organised.
Bonanza for the salaried! 12.9% hike seen
Led by engineering services sector, the projected jump of 12.9 per cent in salaries for this year is higher than the actual increase of 11.7 per cent seen in 2010.
$1.5 trillion stashed away! What India plans to do
Experts feel that this exercise would not be of much help as many facts are already known.
Just who is Hassan Ali Khan?
Hassan Ali Khan is a Pune-based stud farm owner, but says that he is a scrap dealer with an annual income of Rs 30 lakh (Rs 3 million).
SC for invoking terror charges against Hassan Ali
The Supreme Court on Tuesday mulled invoking terror and other stringent penal charges against Pune stud owner Hassan Ali Khan, accused of massive money laundering and tax evasion, for his alleged links with arm dealers and people linked to terror activities.
How to invest wisely in real estate
Since, most banks are unlikely to approve the amount, you could be sanctioned the desired loan on a higher tenure of may be 22 or 25 years. This would result in a lower instalment, which would not strain you monthly outgo.
How to get back to work after a career break
According to an Accenture report - 'Reinvent Opportunity: Looking Through a New Lens' - in India women employees were more prone to seek work-life balance (45 per cent).
Meet the man behind Lavasa and Mumbai sea link
The man behind the Bandra-Worli sea link and Lavasa is far from triumphant despite the brightening prospects for the controversial hill city.
PHOTOs: Here comes the mind-controlled car!
Raul Rojas, an artificial intelligence professor at the Freie Universitat Berlin, and his team are working on a project called BrainDriver and recently demonstrated how a driver can use a brain interface to steer a car that the researchers named 'MadeInGermany'.
Anil Ambani plans expansion in Middle East
Dubai Reliance Capital, the financial services arm of Anil Dhirubhai Ambani Group, plans to expand its operations in the Middle East, chief executive Sam Ghosh has said.
This is the most dishonest govt ever: Jaitley
Arun Jaitley, the leader of Opposition in Rajya Sabha and Bharatiya Janata Party stalwart, in an interview with Business Standard pokes holes in the Budget 2011 and says that the current government is the most corrupt ever . . .
Insurance firms launch new plans
Term insurance policy provides a stated benefit only upon the holder's death, provided the death occurs within the policy period. There will be no stated benefits if the policy holder outlives the policy period.
Success story of a brilliant social entrepreneur
Meet 64-year-old Dr Sekhar Raghavan, an extraordinary social entrepreneur who has made 'saving water' the mission of his life.
IMAGES: Check out these 16 show-stoppers!
Carmakers from across the world have displayed some of the best concept and production models and the ongoing Geneva Motor Show.
India not as corrupt as China and Russia: Fitch
The country, however, suffers from excessive regulation and tax laws, which is concern for foreign investors, Fitch group managing director for corporate rating Richard Hunter told PTI in an interview.
This is what stops India from being global leader!
If you stop siphoning off this money and instead use it to provide food security, to provide education for our youth, then, India's true potential can be achieved, says
How Steve Jobs changed the world
How he made the brand a modern day cult.
March 07, 2011Petrol, diesel price hike inevitable, if . . .
Amid the crisis in Libya, increase in fuel prices would become 'inevitable' if crude oil remains at $100 per barrel, Prime Minister's Economic Advisory Council chairman C Rangarajan said on Monday.
Silver at 31-yr high; gold touches Rs 21,420/10 gm
While gold surged Rs 200 to Rs 21,420 per 10 gm on rising seasonal demand, silver rose by Rs 1,250 to Rs 54,450 per kg on heavy buying by stockists and industrial units, amid firm global cues.
How MakeMyTrip aims to get bigger and better
India's largest travel portal, MakeMyTrip, is in a hurry to go places. Seven months after a listing on New York's NASDAQ, the firm now plans to raise additional funds from the market.
India set to become a $2-trillion economy!
India's impressive growth has to be more socially inclusive.
Why Rajat Gupta must step down from Indian boards
Can there be one norm for the US and another for India?
25% rise in health cover premiums
With the Union Budget introducing service tax on hospitals and health check-ups, your medical bills are likely to get higher.
How India could be transformed into a tax haven
The key question is whether the finance minister can aim for this by saying 'No' to all or most of the special interests, many of them very vocal.
Dos and don'ts of post-Budget investment
Overhauling portfolios or making hasty investment decisions based on the budget will only hurt you.
Get ready for Android apps mania
The battle between Microsoft and Google in the tablet and mobile space is heating up.
Infy may have to hire a million, says report
It needs to revamp the growth strategy.
MNP not a game changer for dual-SIM mobiles
The group of home-grown handset manufacturers, who had tasted success with dual-SIM phones, had initially put up an opposition to the introduction of number portability, wary of losing out on business under the new regime.
Yamaha building scooter for India market in Japan
India Yamaha Motors India is gearing up to foray into the fast growing scooter segment in the country with an all-new product that parent Yamaha Motor Corporation is developing specifically for the Indian market.
IMAGES: Stunning beauties at the Geneva Motor Show
The Geneva Motor Show highlights the green vision of the world's biggest automibile companies.
IMAGES: 6 swanky cars that may soon be in India
Companies like Volkswagen, Renault, Jaguar, Mercedes et al are planning models against some successful existing ones.
Tablet war: Meet iPad's 12 biggest rivals
Media tablets are expected to displace around 10 per cent of PC units by 2014, according to Gartner.
Inflows may fall to a third of 2010, say FIIs
While inflows into Asia, including India, were expected to continue in 2011, there would be moderation.
Diesel price rise not likely till state polls
Rising crude oil prices have become a headache for the government, as they put pressure on inflation and fiscal deficit.
March 04, 2011Card fraud costs Citibank Rs 1.89 crore
Citibank saw 92 cases of cloning of debit/credit cards or use of fake cards.
Govt must give Air India billions at times: Panel
The government should occasionally grant thousands of crores of rupees to Air India for its functioning as withdrawal of flights from profitable routes and unresolved issues relating to its merger do not augur well for the carrier, a parliamentary committee has said.
More opportunities for Kashmiri youth: PM
The government is aiming to reach out to nearly 1.50 lakh youth in Jammu and Kashmir based on a plan submitted by an expert panel highlighting the vast untapped potential for employment generation in the state, Prime Minister Manmohan Singh on Friday said.
US Inc funded charity run by Bobby Jindal's wife
A charitable foundation headed by Louisiana Governor Bobby Jindal's wife Supriya Jindal, has accepted around USD 790,000 from nine companies that funded the election campaign of her husband, a Washington-based non-partisan watch dog has said.
GM India to drive in premium segment with Cadillac
Operating in India for the last 14 years, automobile major GM India is eyeing the premium car segment with the possible launch of Cadillac in the years to come, a top company official said.
Here's why Indians are switching jobs
According to global technology and consultancy giant Accenture, about 37 per cent of employees surveyed by it are looking for job opportunities outside the company.
The Indian IT industry is coming of age
The Union budget marks a watershed in the life of the Indian information technology services industry, akin to a family's coming of age rites of passage!
It's raining job offers at the IIMs
The recently-concluded lateral placement process at IIM-B saw the emergence of management consultants as the preferred choice for more than 55 per cent offers.
Here's how to invest smartly in art
For many, art as an investment avenue does not work. All asset classes, such as property, stocks and bonds, help a person earn through rentals, dividends and interest, respectively. Art does not generate any such income. In fact, it incurs negative income in the form of storage and associated costs.
Charges against Rajat Gupta: The inside story!
Last week the reputation of Gupta, one of the most revered business and management icons for the Indian American community, came under a cloud after the Federal Security and Exchange Commission charged him with insider trading.
How to add more power to Google
Quick ways to enhance your online search results.
Why the Budget needs more clarity
Clarity of planning and conceptualisation needs to be hallmark of policy planning.
What the Budget means for the social sector
According to Human Development Report (HDR) 2010, the Human Development Index (HDI) for India was 0.519 in 2010 with an overall global ranking of 119 (out of the 169 countries).
Why the Air India Maharaja is in a mess
Air India's appointment and removal of three senior officers was a circus all the way.
If the Union Budget were a human being...
If the union Budget were a human being it would score high on body language.
IMAGES: World's 16 smartest computers
Today's supercomputers eventually turn into tomorrow's ordinary computers.
Why Yunus was sacked as Grameen Bank MD
Bangladesh Central Bank in an order on March 2 removed Dr Muhammad Yunus as head of the bank, which he founded, citing that he had violated country's retirement age.
IMAGES: World's 10 worst cities to live in
A recent study by the Economist Intelligence Unit stated that the worst cities in the world are scattered around Africa and Asia.
Budget opens back door for black money: Experts
Tax experts said many would use this to bring black money and cash stashed in tax havens into the country.
Cybercriminals target mobile apps
Mobile attackers' main attraction is the personal information stored in the contact list
IMAGES: 110 years of automobiles!
To mark the 110th anniversary of the Salon de l'auto, the Grand Palais is staging an exhibition of vintage cars.
The world's 15 most hardworking nations
Believe it or not, but India has been ranked as one of the most hardworking nations in the world in a survey conducted by Ipsos Global and Reuters late last month.
March 03, 2011Budget could bring good tidings, but . . .
There was an acknowledgement from the highest quarters that there was a need to "boost the delivery system".
What Porsche has in mind for India
German luxury car-maker Porsche aims to sell 500 cars in India this year and will introduce its Panamera Hybrid super car in the country within the next few months, a top company official said on Thursday.
TRIUMPH: Beating disabilities to be entrepreneurs!
Twins Sundar Ram and Sri Ram suffer from cerebral palsy and learning disability and are also spastic. But their venture Twin Twigs has set them free, making them independent!
Chevrolet Beat plans a diesel version
The LPG model was launched a fortnight ago. Chevrolet is now hoping to rev up the car's sales with a diesel option in June.
10 cars that are among the world's best
The winners for these categories will be announced at the upcoming New York International Auto Show on April 21, 2011.
How Indian trio won $5 mn from BMW for mobile app!
BMW has partnered with three Indians who have created a mobile phone application called MyCityWay, which helps people find everything from a place to eat to the closest park to relax in.
Indians paying real cash for virtual kisses now
mig-33, which offers a social entertainment platform for mobile phones, claims to have registered 100 per cent growth in India last year and most of this growth came from tier-2 and tier-3 cities of the country.
FM fails to provide defence details
This is a rather cavalier treatment of one of the most important items of the government's expenditure statement.
PSU staff pay increased by 100% in 4 years
A public sector unit employee on an average received an annual salary of Rs 6.09 lakh (Rs 609,000) in 2009-10, with total emoluments increasing more than 100 per cent in the last four years.
Buffett takes insurance route to India
The Sage of Omaha has finally arrived in India, just two days after the finance minister reaffirmed the government's commitment to further liberalise the insurance sector.
Investors turn to commodities
Among agriculture commodities, cash crops like cotton and castor are now emerging as asset classes.
Budget: This is the real benefit for you & me!
PwC analyses the impact of Budget proposals for 2011-12 on individuals and industry.
UNVEILED: The stunning iPad2!
The cheapest wi-fi only 16GB version costs $499. The most expensive version featuring wi-fi and 3G, and 64GB costs $829.
When two of the world's most powerful men met
Ambani played the role of a quintessential and successful Indian businessmen - confident, yet very meek.
March 02, 2011The 6 most preferred Indian cities for jobs!
Seven out of every 10 engineering students in India prefer Bengaluru as their 'first job' city, ahead of the capital Delhi or financial centre Mumbai, reveals a survey.
'India is more transparent than China'
Matthew M Smith, managing director, Abbott Capital, says that Indian general partners (GPs) are more willing to talk portfolios, both good and bad, in the initial meetings.
Indians have Rs 500 lakh crore black money: Ramdev
Claiming that black money to the tune of Rs 500 lakh crore (Rs 500 trillion) was stashed by Indians in foreign banks, yoga guru Baba Ramdev has advocated for bringing that money back home.
Budget '11 is an item number. By Sheila for Munni!
Budget 2011 merely reflects the drift in the central government. Perhaps never in the history of independent India, with the sole exception of the period during Emergency, has the central government suffered from such a credibility crisis.
Fiscal deficit: It's time to end stimulus
The truth about the deficit is that it is designed to serve political objectives, not economic ones.
Get cheaper loans for affordable houses
Sushil Munhot, executive director & head-personal banking, IDBI Bank, says, "Any housing loan of up to Rs 25 lakh will come under priority sector lending, as it is to provide affordable housing. But we do no know when will it come into effect."
IMAGES: Tata's stunning new concept car, Pixel
Based on the Tata Nano, the TataPixel - at just over three metres in length - is the most package efficient four-seater in the world.
Car sales soar in Feb as well
Last month, nine leading vehicle manufacturers sold 213,633 units, 25.8 per cent more than last year.
Budget: The math looks dodgy
The FM puts a positive spin on the Budget but the math looks dodgy.
FM's 'return' gift to cover all taxpayers
The proposal was announced in the Union Budget on Monday.
Is the Budget's fiscal strategy credible?
Premised on the 'best-case scenario' in terms of growth and revenue, the Budget seems unprepared for a possible slowdown.
March 01, 2011Focus on socio-economic factors
Percentage of liberalization is yet to be seen, but this for sure will open inroads for significant developments in the industry.
Budget fever: Investors richer by Rs 2.3 lakh cr!
Stock market on Tuesday cheered the Union Budget for the second consecutive day with a record- breaking rally, taking the total addition to investors' wealth to over Rs 2,33,500 crore (Rs 2,335 billion) in just two trading sessions.
'Pranab is India Inc's Sachin Tendulkar!'
India Inc on Tuesday described Finance Minister Pranab Mukherjee as industry's Sachin Tendulkar saying the veteran leader was steering the economy "with ease of a seasoned player" in difficult times.
Prices may rise further, warns Pranab
Grappling with a high rate of price rise, the government on Tuesday expressed concern that increasing prices of crude and other commodities in global markets could add to inflationary pressure in the country.
Mixed bag of colours for the textile industry
Textiles: Slaps mandatory excise duty on RMG and apparels with 40% abatement on MRP
Onions may not be a good investment in 2011, if .
Oops, no, onions don't look tempting enough to be part of our investment portfolio for this year! Nor drumsticks!
How the Budget affects various industries
The finance minister's Budget Speech has come as a surprising blessing as he has maintained the rates as they were last year.
Refineries: No reduction in custom duty
Despite deregulation of petrol prices and a hike in retail prices of other regulated fuels in June 2010, oil marketing companies continue to incur.
Why markets are on fire post-Budget
After a strong opening this morning, following a fairly satisfactory Budget on Monday, and positive response from industry, the bourses clocked in gains, with the Auto index leading the gains, mostly.
How Infy, ICICI, Birla rate the Budget
India Inc believes that the FM has done a terrific job, but consumers may not have got their due.
Budget has no good news for pharma sector
Excise duty on formulations has increased from 4 per cent to 5 per cent.
IMAGES: Foreign cars cheap, Indian cars costlier!
While coveted brands like BMW, Volkswagen, Toyota, are going in for aggressive pricing, country's successful value-for-money trio Tata, Maruti and Hyundai are going horribly wrong.
Budget has little for pharma industry
While the strategic focus of the budget on various matters is explicit, the process by which it will translate into a tangible outcome is still to be made unequivocal.
2G scam: CEOs of 10 telcos under scanner
The central government, which is also party to the case, informed a bench of justices G S Singhvi and A K Ganguly that it is in favour of setting up a special court to try the accused in the 2G case and the law minister has written a letter to the Delhi high court chief justice asking him to constitute a court and identify a judge for this purpose.
Budget fails to satisfy everyone
Overall the Budget seems to be neutral and shows a similar trend as shown in the previous year Budget.
Budget fails to address some issues
Some of the initiatives are aimed specifically at the poorer sections of the society.
Oil drilling: Industry glossed over by the Budget
Amidst sweeping changes expected in the customs and excise duties, the entire industry was glossed over by the Union Budget 2011-12.
DON'T MISS! All about the new tax proposals
Finance Minister Pranab Mukherjee's Budget had quite a few tax-related proposals, although initially they did not appear to be too significant. However, read on to find out what are the proposals related to Direct and Indirect taxes that he has made and how the two affect you!
Hotels: Service tax levy spoils the party
The levy will be 10%, with an abatement of 50%, effectively bringing down the service tax levy to 5% on the tariff.
Best and worst thing about the Budget
Budget has a direct connection with worry, not happiness, says Jaspal Bhatti, Actor-Satirist.
A mixed bag for the FMCG sector
FMCG: Cut in excise duty on baby, clinical diapers, adult diapers and sanitary napkins.
Explained: Why it is the right time to buy cars!
Car and two-wheeler manufacturers have heaved a sigh of relief after Finance Minister Pranab Mukherjee proposed to maintain the excise duty at present levels while inviting companies to step up investments in the sector.
Budget has been positive for the auto industry
Auto: Retained excise duty at 10% on all automobiles except large cars.
How the finance minister defended his Budget
The forward process is on, the Finance Minister Pranab Mukherjee tells NDTV 24x7.
Corporate America goes ga-ga over India Budget
Corporate America has showered kudos on Finance Minister Pranab Mukherjee for his latest Budget, describing it as a 'very forward-looking confident budget'.
It's a growth oriented Budget: Industry leaders
The Budget is commendable, as without making any major tax changes it has targeted a 4.6 per cent fiscal deficit for 2011-12 by focusing on achieving 9 per cent growth.
Budget 2011 and the dilemmas of a taxpayer
I strongly believe that if the government does indeed have the mindset and launches the machinery to severely punish white collar criminals, my life will be easier albeit in a convoluted manner.
In GRAPHICS: Budget numbers, simplified
Here are the Budget numbers crystallised into graphics.
EXCLUSIVE! 'UPA has abandoned the aam aadmi!'
In an exclusive column to Rediff.com, CPI-M general secretary Prakash Karat explains what is wrong with the Union Budget 2011-12 that Finance Minister Pranab Mukherjee presented in Parliament on Monday.
Why PM thinks this budget meets all the challenges
"You can't please all people. And the finance minister has done as good a job as was possible," said Prime Minister Manmohan Singh in an interview with T N Ninan, editorial director and chairman of Business Standard Ltd, on Monday after Finance Minister Pranab Mukherjee announced the Budget proposals in Parliament.
How the FM plans to curb rising prices
The finance minister has shown a pre-occupation with controlling prices.
| January 2011
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