Do you have the ability to speak up and lead by example?
For debt-laden companies, asset sales is an obvious solution.
Amid headwinds across global markets, US issues fresh restrictions on H-1B visas. Ayan Pramanik & Raghu Krishnan list out the many ways in which this impacts the Indian IT industry.
Macro environment, tech shift main challenges now: N Chandrasekaran
'If you want to live a happy life, you have to help the downtrodden. You have to understand that you have been given a position which is a confluence of your own capability and the grace of God. You must use that position to exemplify to others what has to be followed.'
A mix of industrialists and businessmen, who have inherited riches or rose from humble backgrounds and even endured boom and bust cycles, the top five MPs are illustrative of how the political stock of the wealthy is increasing rapidly.
Nehru's faith in science and technology, his genuine respect for Bhabha, and their burning ambition worked synergistically to place India on the nuclear map of the world. Atomic energy developed and prospered because of Nehru's vision fulfilled by Bhabha's mission, recalls K S Parthasarathy, former secretary of the Atomic Energy Regulatory Board, on the occasion of India's first prime minister's 119th birthday today.
These maps can facilitate development of smart cities in little ways that add up to huge economic benefits for citizens
RBI governor on the stress in public sector bank due to NPAs, and what is needed to be done to get the system back on track.
High-end brand experiments with EMIs via credit cards to push market share.
'If you are so blinded by the Buy American, Hire American policy, if you are not going to be fair, consistent and welcoming, in the end America will lose out.'
Benchmark indices failed to sustain gains and retreated from day's high dragged primarily by the losses in metals, information technology and bank shares as investors started to book profits in late noon deals. Earlier, markets had scaled fresh all-time highs on the surprise post-budget rate cut by Reserve Bank of India (RBI). The 30-share Sensex ended down 213 points at 29,380 and the 50-share Nifty closed down 74 points at 8,922. Intra-day, Sensex reached the all-time high mark of 30,024.74 while Nifty touched the life-time high level of 9,119.20. In the broader market, both the BSE Midcap index and Smallcap indices, down 1% and 1.2% each underperformed the front-liners. Market breadth in BSE ended negative with 1,882 declines against 1,010 advances. A day after signing an agreement with Finance Ministry on inflation targeting, RBI surprised the markets with an early post-budget repo rate cut of 25 bps (basis points) to 7.5% from 7.75% which was again outside of central bank's scheduled policy review meetings as the earlier rate cut effected on January 15. "RBI's latest rate cut of 25 basis points, while a surprise in its timing is in-line with our expectations of a sharp rate-cutting cycle over the coming quarters. With inflation sustainably lower by 500bps, the RBI has in recent months acknowledged the scope for rate cuts and was only waiting for additional comfort that the government's fiscal policy would not play spoil-sport," said Dinesh Thakkar, chairman and managing director at Angel Broking in a note. Analysts at Karvy believe that further monetary policy action will depend on number of factors including easing of supply constraints, improved availability of power, land, minerals and infrastructure, fiscal consolidation, the pass through of rate cuts by banks and the expected monsoon. Citing weakness in some sectors of the economy and the overall global trend towards monetary easing as rationale for the rate cut the central bank also exuded confidence in the road map for fiscal consolidation as laid out in the Union Budget, 2015. Commenting on how the markets reacted to RBI's surprise move, K Subramanyam assistant vice-president (institutional research), Asit C. Mehta Securities said, "The unexpected cut did take the market by surprise .However, credit off-take is not dependant only on interest rates. A gradual revival in the economy would be of more help which would trigger credit off-take. Hopefully this will follow and RBI's action would prove helpful. From market point of view this is bullish as equity becomes more attractive vis-a-vis falling interest rates." On the macro-economic front, the HSBC services PMI rose to an eight-month high of 53.9 in February up from 52.4 in January indicating strong expansion in output across the sector. Respondents cited robust growth of new business as the principle factor for the increase in activity. Meanwhile, foreign portfolio investors (FPIs) bought shares worth a net Rs 773 crore on Tuesday, as per provisional data. Buzzing Stocks 9 out of the 12 sectoral indices of BSE ended in red. BSE Metal index, down 2.4% was the top loser followed by BSE Oil & Gas and Power indices, down 1.3% each. BSE Healthcare index, up 1.2% and BSE FMCG index, up 0.9% were the top losers. Bank stocks came under during late noon trades as traders booked profits at higher levels. However, RBI rate cut may encourage large lenders to cut their lending rates boosting demand for home and auto loans and provide funds for various stalled and new projects. Many stalled projects across the country are waiting for cash to restart work. The stock of stalled projects at the end of December 2014 stood at Rs 8.8 lakh crore or 7% of GDP. ICICI Bank ended down 0.1%, Axis Bank and SBI declined over 3% and HDFC Bank shed 1.5%. Sun Pharma gained over 6% on approval granted to Sun Pharma Advanced Research Company (SPARC) by US FDA for an antiepileptic drug. The product will be manufactured by Sun Pharmaceutical Industries at its Halol (Gujarat) facility in India. SPARC was formed in 2007 when Sun Pharma separated out its active projects in drug discovery and innovation into a new company. Dr Reddys Lab and Cipla have gained over 1% each. ITC gained over 1% after consecutive sessions of losses on the proposed larger-than-expected hike in excise duty on cigarettes in the Union Budget. The biggest ever auction of spectrum by the Department of Telecommunications (DoT) started on Wednesday in the morning where government expects to garner Rs 80,000-1lakh crore from the sale of spectrum. Idea Cellular gained over 2%, Reliance Communication gained around 1% and Bharti Airtel closed 0.5% higher. Metal stocks were under pressure in today's session. Hindalco declined over 3%, Sesa Sterliteended down over 4% and Tata Steel closed down 2%. Profit-taking in IT stocks led to Wipro losing around 1.8%, Infosys declining 0.7% and TCS losing 1.5%.
Internal management tensions, stiff opposition from Chinese handset makers led to halving of the company's market share
With the Maharashtra government doling out pieces of the lush green Aarey forest to various utilities, the tribals living in it for generations are feeling increasingly insecure. Hepzi Anthony reports.
The data-generation ability of technology can not only provide real-time feedback on its return on investment but also evaluate education programmes.
Like Jamshedpur, many Indian cities that have been and will be properly planned can be smart cities of the future.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
The Supreme Court on Tuesday asked the Board of Control for Cricket in India to place before it a list of administrators and players having various commercial interests, including in the Indian Premier League and Champions League.
Mumbai-based model and design graduate Ritu Rathod gets candid.
The leaked documents include details of submarine's underwater sensors, above-water sensors, combat management system, torpedo launch system and specifications, communications system and navigation systems.
'India easily remains one among the more attractive large economies, with high growth and stable/improving macros, as a top investment destination.' 'We are looking pretty good.'
'Make in India' will be central to Mr Modi's visit to Europe and Canada. It is difficult to predict what will happen with the Rafale deal, but if it goes through, it will undoubtedly become the 'Mother' of all 'Make in India' projects,' says Claude Arpi.
When the universe is your workspace, the sky is the limit, and there's no such thing as a glass ceiling. Divia Thani Daswani meets the women behind Mangalyaan
Turns down firm's plea for stay on CCI order; final order pending
"Protectionism is not new. The attention that is given is because there is a political and emotional element to it." TCS COO N G Subramaniam on why his company is optimistic despite global headwinds.
With the Supreme Court (SC) cancelling captive coal block allocations, Jindal Steel & Power Limited will be the worst-affected company.
Infosys boss says new strategy moving in right direction, optimistic of regaining bellwether status.
Anil Swarup, who conceived the Rashtriya Swasthya Bima Yojana -- a scheme the United Nations Development Programme and the International Labour Organisation recognised as among the finest -- speaks to Anjuli Bhargava.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
'Over the next two to three years, hiring will come down further.' 'You will see the industry intake of freshers go down to 150,000 from the current 200,000.'
'The film industry will remain soft targets and continue to be picked upon with no respite, with no choice but to give in due to personal safety and financial compulsions,' says director Suparn Verma.
Car makers are trying hard to boost sales in India.
Former Watson Fellow and social entrepreneur Srikar Gullapalli talks about the issues affecting India's growth and tells us why he wants more people to actively participate in building a bright future and put India on the global map.
'Jaitley was one of the earliest politicians to sense the changing political scenario in Delhi. He had closely watched the rise of the BJP and declining fortunes of the Congress party during the L K Advani era. But it was between 2009 and 2014 as the Leader of the Opposition that he began to read the tea leaves. 'And thus it was that he introduced Modi-Amit Shah duo to Lutyens Delhi,' says senior journalist R Rajagopalan who had known Jaitley since 1975.
Single window clearances for realty must.
Between 2000, when Steve Ballmer became the chief executive officer of Microsoft, and now, when he has announced his retirement, the company's earnings have more than doubled and its revenues have increased over three-fold.
BS Annual Awards 2014: Power-packed jury picks the best 7 of corporate India
'If I am not there, the RSS would do that job. They are obviously in power, they can do anything.'
'Nature does not send us a bill, so we ignore them in decision making until we hit a moment of crisis, such as the current shortage of water.'
'I cannot conceive of any reason than my unsparing criticism of government policies that the government picked me to send a message to many who dare to take it on.'
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