The Minister for Petroleum and Natural Gas, Mr S. Jaipal Reddy (right), with Secretary, Mr. G.C. Chaturvedi, addressing a press conference in the Capital on Friday. -- Photo: Kamal Narang

Business Line The Minister for Petroleum and Natural Gas, Mr S. Jaipal Reddy (right), with Secretary, Mr. G.C. Chaturvedi, addressing a press conference in the Capital on Friday. -- Photo: Kamal Narang

Govt hints at review of petrol price hike

Under mounting political pressure, the Government today hinted that a review of the petrol price hike may happen in the next few days. A similar view was expressed by the public sector o... »

Fuel price hike: Delhi govt may offer relief to people

No real relief yet, for marketing firms

LATEST NEWS

Hotel Leelaventure redeems bonds worth $41.6 m 3 min. ago

SBI unions ready for merger of associate banks 19 min. ago

Centre promoting pharma cluster in coastal AP 40 min. ago

Swamy to file addl complaint in Aircel-Maxis deal 49 min. ago

BHEL commissions first 500-MW unit at Rihand plant stage III 1 hr. 8 min. ago

Insider trading: Ex-Galleon portfolio manager testifies against Rajat Gupta 1 hr. 23 min. ago

Chennai to get 4 tmc ft of Krishna water 2 hr. 24 min. ago

Akash missile test-fired from ITR in Odisha 2 hr. 32 min. ago

Illegal assets case: CBI questions Jagan again 2 hr. 52 min. ago

National Defence Academy set to acquire advanced training vessel for naval cadets

The forthcoming 25th Triennial General Council meeting of the All India State Bank Officers’ Federation (AISBOF) is expected to pass a resolution supporting the merger of the five associate b... »

SBI profit plunges 99% in Q4 on higher provisioning
SBI sets sights on absorbing State Bank of Mysore

BHEL commissions first 500-MW unit at Rihand plant stage III

Bharat Heavy Electricals Ltd (BHEL) has commissioned the first 500-MW unit at NTPC’s Rihand Super Thermal Power Station (STPS) stage III in Uttar Pradesh. With this, 12 million unit... »

NTPC’s installed capacity touches 38,000 MW
NTPC to add over 8,000 MW in next two years

Logistics

The Civil Aviation Minister, Mr Ajit Singh. (file photo)

Strike may affect arrears payout: Ajit Singh tells Air India pilots

The agitating Air India pilots have been told that their industrial action could put in quandary the pay arrears that was promised to be paid in June. “Air India promised to give pay wage... »

Government & Policy

A file photo of Mr Y.S. Jaganmohan Reddy.

Illegal assets case: CBI questions Jagan again

Kadapa MP, Mr Y.S. Jagan Mohan Reddy, today appeared before the CBI for the second round of questioning in connection with the alleged disproportionate assets case.Mr Jagan, who was grilled... »

Illegal assets case: CBI quizzes Jaganmohan Reddy
Jagan case: HC allows firms to access bank accounts

Companies

Toyota clocks one lakh sales of Etios, Etios Liva in India

Toyota Kirloskar Motor (TKM) has clocked sales of Etios series - Etios and Etios Liva of one lakh units. The company has achieved an important milestone since they entered the mass volume... »

Opinion

Columns

Ritesh Kumar Singh/Prerna Sharma

US must fall in line on cotton subsidy

India’s producers of cotton and manmade fibres take a hit due to artificially depressed global prices.

The US' farm support legislation is due for revision later this year. Cotton exporters like India should take a cue from Brazil and pressurise the US into bringing down its market-distorting subsidies. »

S.MURLIDHARAN

Do hospitals alone provide genuine healthcare?

I-T authorities arbitrarily favour medical services over sale of medicines.

Baba Ramdev's trusts selling Ayurvedic medicines in India and abroad are now in the eye of a storm. The Income-Tax Department has slapped them with a tax bill of Rs 58 crore for the assessment yea... »

Editorial

Right market for exchanges

The United Stock Exchange fiasco highlights the risk of unscrupulous promoters starting an exchange with the sole intent of converting it into a money-spinning venture. »

Opinion

Why the MFI Bill is flawed

The Rural Development Minister, Mr Jairam Ramesh, is right about his criticism of the MFI Bill.

The microfinance industry and its supporters are an unhappy lot. Reason: The Rural Development Minister, Mr Jairam Ramesh's observation that the Micro Finance Institutions ... »

BCCI is no villain

$The IPL fracas has triggered a turf war between BCCI and the Government$ Many years ago, anxious State Governments, fearful of dismissal and imposition of the President's rule on grounds of administrative breakdown, warned their Collectors ... »

Agri-biz

Monsoon making steady progress in the Bay

The South-West monsoon is making a steady progress, two days after its onset over the Andaman Sea. On Friday, it advanced into most parts of south-east Bay of Bengal and Andaman Sea and s... »

Economy

A file photo of Maruti Suzuki’s Swift DZire fitted with K-12 VVT petrol engine. — Photo: Kamal Narang

Carmakers eye petrol engine exports as capacities lie unused

Diesel car becoming the preferred choice for buyers »

Companies

Govt's cash prop helps oil marketers scrape through 2011-12

Refiners would have posted Rs 38,570-cr loss for Q4 without largesse »

Info-tech

2G case: Essar group, Loop Telecom promoters get bail

Charges were today framed against Mr Ravi Ruia and Mr Anshuman Ruia, promoters of Essar Group, and Mr Kiran Khaitan and Mr I. P. Khaitan, promoters of Loop Telecom, by a special court hearing the... »

Info-tech

TRAI withdraws complaints

The Telecom Regulatory Authority of India today withdrew its complaint against three major telecom players – Bharti Airtel, Idea Cellular and Loop Mobiles – for violation of its regulations from a... »

Markets

Sensex ends flat

The stock markets closed in the red on Friday after opening on a negative note tracking weakness in the Asian zone. Towards the noon session the markets did recover to trade in the green but coul... »

Mentor

‘Look for potential buys in Europe'

In spite of the current crisis scenario in the Euro Zone, it is unwise for Indian companies to ignore Europe, says Mr Hans-Paul Bürkner, president and chief executive officer of the Boston Consulting Group (www.bcg.com). »

India, US systems of ‘search & seizure'

Technical vs peer review

Know your baggage rules

Finance Bill fillip to SMEs

SME and succession planning

The GAAR conundrum

On a recent retrospective tax proposal

PPP model, to deliver essential services

New Manager

Strategic focus is key to corporate leadership

Most successful companies are focussed on one core area. But knowing when to diversify is critical to long term survival. »

Colour coding HRD, Samsung style

Is honesty the best policy?

Banning is not the answer

Hire for passion

Winning the war for talent

It's all about the experience

Because recognition matters

Appraisal, a recognition of potential

Companies

Mr Rajiv Mittal (right), Managing Director, VA Tech Wabag Ltd, and Mr S. Varadarajan, Executive Director- Finance, at a press conference in Chennai on Friday. — Bijoy Ghosh

VA Tech Wabag rejigs business segments

VA Tech Wabag has restructured its business verticals to target desalination and water recycling, which it believes will generate significant business volumes. »

Reliance Infra Q4 net dips to Rs 411 cr on high interest payments

Growth in agri-business boosts ITC net in Q4

Govt's cash prop helps oil marketers scrape through 2011-12

No consensus reached at Dunlop meeting

Tribunal dismisses DLF plea on competition panel order

Shareholders may lose right to appoint auditors

Sun TV profit, turnover dip in Q4

Suzlon posts net loss of Rs 309 cr in Q4

Info-tech

GSM operators add 6.5 m users in April

Bharti Airtel added 2.01 million users, highest in April, taking its total subscriber base to 183.29 million.

GSM telecom operators added 6.5 million subscribers in April, taking the total user base to 670.57 million.The GSM subscriber base was 664.08 million in March.Leading telecom operato... »

Smartphones push not to curb PC demand

Lenovo tops PC imports in Q1

Swamy to file addl complaint in Aircel-Maxis deal

Sony to swipe feature phones off India radar

A4 printer sales post flat growth in Jan-March

TRAI withdraws complaints

Ministries object to proposals in new telecom policy

‘Taiwanese City' to come up near Bangalore

Industry & Economy

State distribution utilities to be rated: Power Ministry

Ranking based on performance and relative improvement »

Diesel will account for over half of this year's under-recoveries

States must impose user charges on rural drinking water: Minister

MCI lets medical colleges set up new campuses in underserved States

Green tribunal orders fresh hearing on NCC thermal project

Thai visa centre opens in Pune

Talwar memorial lecture in Chennai on Sunday

Global price declines offer hope of some respite

Diesel subsidy is way too high in India

Banking

Effect of EU crisis on rupee

The rupee has moved lower at a breathtaking pace, depreciating 16 per cent since this February. Though it is domestic factors, including the current account deficit and slowdown in portfolio... »

SBI to launch ‘signature' card for high net worth individuals

KVB Q4 net up 27%; to pay 140%

Varun Industries referred to debt restructuring cell

Study finds health insurance awareness among Indian families

Kerala promises help to MFIs

SBI chief in Thiruvananthapuram

Union Bank customer service plan

Lehman set to buy balance 26.5% stake in Archstone

Markets

Seize the opportunity, HDFC AMC's Prashant Jain tells investors

Investors should utilise the present downturn in the markets for making long-term investments as it is unlikely that the markets would offer many such windows, according to Mr Prashant Jain, »

Brokerage houses report steep fall in profits

SEBI in talks with OECD for corporate governance guidelines

Hotel Leelaventure redeems bonds worth $41.6 m

Insider trading: Ex-Galleon portfolio manager testifies against Rajat Gupta

CSE index gains 112 points this week

SEBI to align corporate governance norms with OECD principles

Marketing

Plunging rupee to make Set Top Boxes dearer

TV viewers, watch out! The falling rupee is pushing up the prices of set top boxes. As a result new cable connections could cost more. Multi System Operators (MSO) and independent cable operators... »

Shree Ganesh Jewellery, Italian firm tie-up for Rs 560-cr unit

Digitisation and the ratings game

Indian firms slow at product launch, fast at packaging

Champion Agro to set up 400 agro malls in 3 years

John Distilleries to introduce single malt whisky

MPG Honda showroom in Kollam

Co-optex plans to hire consultant

Celkon eyes overseas market

Stock Markets

Seize the opportunity, HDFC AMC's Prashant Jain tells investors

Investors should utilise the present downturn in the markets for making long-term investments as it is unlikely that the markets would offer many such windows, according to Mr Prashant Jain, »

MIC Electronics withdraws preferential allotment

SEBI in talks with OECD for corporate governance guidelines

No consent plea after 60 days of show-cause: SEBI

Insider-trading, serious offences cannot be settled by consent route: SEBI

Wheels India shares on a roll

Brokerage houses report steep fall in profits

Economy

Eco Ministry puts out report on Western Ghats, but with rider

Nudged by the Delhi High Court and the Central Information Commission, the Ministry of Environment and Forests (MoEF) has finally made public the Gadgil panel report on ecology in the Western Ghat... »

Carmakers eye petrol engine exports as capacities lie unused

Akash missile test-fired from ITR in Odisha

Pranab Mukherjee to inaugurate Manipal meet on May 26

India’s first solar Renewable Energy Certificates issued, to M&B Switchgear

National Defence Academy set to acquire advanced training vessel for naval cadets

The Hindu CET counselling

Regulatory regime for shale gas by Dec 2013

IIFT, Singapore varsity ink pact

Logistics

Only about 13% of Rs 1-lakh-crore outlay for 11th Plan has been spent. The panel has sought the status of incomplete projects and the reasons behind the delays.

Panel raps Shipping Ministry for slow execution of projects

A Parliamentary committee has slammed the Shipping Ministry for spending only about 13 per cent of the Rs 1-lakh crore outlay for the port sector during the 11th Plan (2007-12), and has termed the... »

L&T to train youth in rail construction

Kochi Port may appoint 3rd contractor to complete dredging at Vallarpadam

Food plazas proposed in 109 railway stations

Jet Airways likely to expand international operations

Aviation emission tax is here to stay: EU

Developing green belt: Hyderabad Metro transplants a few hundred trees

‘Domestic services not hit by pilots strike’

CIAL to deploy ERP solution for integrated function

Agri-biz

Cotton body to reorient research to tackle fall in yield

The country's cotton yield is far lower than global average despite its emergence as a major cotton producing nation. The per hectare productivity is as low as 475 kg compared with Brazil's 2,027... »

Agrimart outlet opened near Hyderabad

Monsoon making steady progress in the Bay

Arabica get limited enquiries at ICTA coffee auction

As part of recast, Tea Board drops loan component from Tea Fund

Pedabayalu coffee bags award

Arecanut import by actual users will help growers, says DGFT

Heavy arrivals crush copra

TNAU bags best castor centre award

Commodities

Traders avoid taking position in rubber futures

Physical rubber prices closed almost steady on Friday. According to observers, market activities were extremely slow. Traders seemed to be hesitant to take fresh positions though the domestic futu... »

Sugar mills under pressure to clear stocks

Wheat rules below minimum support price level

Edible oil stockists take advantage of weak $

Cotton rules steady as ginners curb sales

Weak arrivals, strong $ perk up tur

50% turmeric goes unsold in Erode markets

Pepper bounces back

Commexes’ turnover down 7.3%

eWorld

Desi boys of telecom manufacturing

Indian telecom gear manufacturers are betting on 4G to take on the MNC big boys on home turf »

SMAC: The new buzzword for software firms

Forcing ‘Thali' approach in fixing tariffs

Thinking big with SMBs

Developing, submitting apps for Android

Instant popularity with the youth

Trying to rule out e-waste

“Every merger comes with people protecting their own turfs”

Mad for mobiles

Smartbuy

CHENNAI : 19/05/2012 : Apple iPad2 and ipad3. Photo: R_Ravindran.

Apple iPad comparison (2012)

God darn the rumours! In the run up to the new iPad (2012) launch, most megabytes on cyberspace were dedicated to endless speculations about how awesome/ different/ revolutionary the new iPad was... »

Fancy a change?

Intel Xolo Review

Review of Vinoteca by Sula

Bang & Olufsen Beolit 12 review

Life

Made of Godrej mettle

Godrej group chairman Adi Godrej brings his unique business acumen to his new role as CII chief. »

Chennai that was pioneering Madras

Retreat to the blue hillsides

Tickled pink

Where the wild mangoes are

BrandLine

A taste of Asian hospitality: A rendered image of Lebua Hotel,

The charge of the Asian brigade

In Europe and North America, there's hardly any more room to grow. So, it is battleground Asia today as hotel brands continue their relentless expansion into the region dubbed as the most lucra... »

“Growing supply in the right possible way”

A show that builds social capital

Miele's recipe for growth

Cold drinks, hot markets

Act up

More than functional

Getting on to the fast lane

Taking a shine to platinum?

Investment World