Finance Ministry to ‘wait & watch' on policy action; not to set level

The Finance Ministry wants to ‘wait and watch' before taking any policy action to hold the rupee at a level. »

LATEST NEWS

CIMA partners with Poddar 2 hr. 46 min. ago

Cisco India shifts to new premises 2 hr. 47 min. ago

UnionXperience branch from today 2 hr. 48 min. ago

Cabinet nod for signing TAPI gas supply pact 2 hr. 52 min. ago

Indirect tax collection up 10.4% in April

SBI to lend Rs 1,400 cr to Damodar Valley

Govt looking at more sops for exporters

WBSETC net falls 13% in first half

India pitches for higher ratings from Fitch

Sibal for wider debate on rules for internet content control

The country's gold imports may fall this year, as the current economic condition is not conducive enough for people to take a call on their investment plans, says the World Gold Co... »

Foreign claims on India — $137 billion due in 1 year

A rapidly depreciating rupee, dipping foreign exchange reserves and strong financial links with the Euro Zone are pushing India against the wall. The over 20 per cent depreciation of the rupee aga... »

Agri-biz

Thunderstorm, rain return to northwest India

A fresh western disturbance on its way in will bring back thunderstorms and rain for parts of northwest during the next two days. A weather warning said thunder squalls with wind speed r... »

Today's Pick

Delta Corp (Rs 61.5): BUY

We recommend a buy in the stock of Delta Corp from a short-term perspective. It is evident from the charts of the stock that following a medium-term downtrend from its February 2012 peak of Rs 87,... »

Industry & Economy

Power will cost more as Ministry decides to allow fuel price pass on

Get ready for higher electricity bills. The Power Ministry will soon allow developers to pass on the volatility in fuel prices to customers. The Power Minister, Mr Sushilkumar Shinde ... »

Opinion

Columns

S.S. TARAPORE

Modulated depreciation is salutary

The RBI should sell dollars from its reserves only to smooth out sharp volatility in the rupee, but not fight a fundamental exchange rate adjustment. »

B.S.RAGHAVAN

Military and governing class at war

Much of what I am going to write in this column about the alarming alienation between the Defence Forces and the civilian hierarchy is based on what I have heard from reliable sources and the cont... »

Editorial

Austerity and the rupee

The rupee's weakness today has to do with India's current account deficits, not problems in Euro Zone. »

Opinion

Concrete facts about construction companies

High interest rates have led to a working capital squeeze in the construction industry. This has exposed problems in its business model. »

Gaps in STC's wheat export tender

Now, it is clear that the government wants to evacuate its bulging inventories. The State Trading Corporation of India (STC) has invited bids from overseas buyers for export of wheat from Food Cor... »

Companies

Mr Rajiv Bajaj, MD, Bajaj Auto at the Pulsar 200NS
launch in Mumbai earlier this year.

Bajaj Auto’s overseas sales help push Q4 net up 12%

Riding on its success in overseas markets, Bajaj Auto Limited (BAL) has posted a net profit of Rs 759 crore during the fourth quarter of the last fiscal, registering an actual rise of 12 per cent... »

Logistics

A file photo of the Civil Aviation Minister, Mr Ajit Singh.

Aviation Ministry convenes meeting of recognised Air India unions next week

With no end in sight to the pilots’ strike that entered 10th day today, the Civil Aviation Ministry has convened a meeting of all recognised trade unions of Air India next week to discuss issues r... »

Companies

Mr Anil Agarwal, Chairman, Vedanta Resources Plc. (file photo)

Vedanta core profits up 13% at $4 b in 2011-12

India-focused mining conglomerate Vedanta Resources Plc has reported a 12.9 per cent growth in its core profits to $4.026 billion for 2011-12, buoyed by earnings from recently acquired Cairn India... »

Logistics

High Court tells Air India pilots to end strike

The Delhi High Court today told the agitating Air India pilots that they cannot continue their “illegal strike”. A Division Bench rejected the plea of the Indian Pilots Guild challenging the May 9... »

Info-tech

Airtel slashes rates for 3G services

Bharti Airtel has launched a new range of affordable tariff plans for its 3G services called Smartbytes. For pre-paid users, the company has kept a rental of Rs 10 that would allow 30 mi... »

Stock Markets

Sensex ends marginally up

Indian benchmark indices, the Sensex and the Nifty, ended the session marginally up due to buying by funds and retail investors in select stocks amid a weak trend in the European markets. »

Life

Varieties of wild mango displayed at a recent farmers’ meet in Ubaru village of Dakshina Kannada district. - A.J. VINAYAK

Where the wild mangoes are

With unique flavours all their own, wild mangoes are a fast-disappearing treat. Farmers in Karnataka are exploring ways to conserve this natural heritage. »

Retreat to the blue hillsides

Golf da puttar putts away

Girl loves bad boy

Unrivalled love

Tickled pink

Look ma, no love handles

Big, good cities of the future

On the heritage track

BrandLine

Feeding the collector's frenzy

Coca-Cola’s golden can, a tribute to Sachin Tendulkar

Special and limited editions attempt to bring brand and customer closer and are ‘boredom breakers'. »

The X factor for Jaguar

Taking a shine to platinum?

Steeling itself for the big show

With the customer in focus

Is it love, actually?

Different strokes

KLM gets flighty and flirty

Uncle Sam's sales pitch

Companies

Mr S. Sridhar (left), CEO, Escorts Agri Machinery, and Mr Shenu Agarwal, Head, Marketing, at the launch of Farmtrac tractor in Chennai on Thursday. — Bijoy Ghosh

Escorts to build on the strength of large tractors

Launches 60-HP Farmtrac range with host of new features »

Bajaj Auto’s overseas sales help push Q4 net up 12%

Rural India holds the key for growth for us: Suzuki Motorcycle MD

Vedanta core profits up 13% at $4 b in 2011-12

Exports to the rescue for Bajaj Auto

Sundaram Clayton's plant near Chennai starts operations

Bridgestone to commission Chakan plant early next year

MRPL to achieve 10% savings in expansion of refining capacity

Supreme Infra Q4 net falls to Rs 27 cr

Banking

‘Shoddy after-sales service leading to fewer claims by rural poor'

In rural areas, poor micro-insurance policyholders lag behind in making claims compared with others.“We found that the proportion of claims in rural areas is lesser when compared to other areas or... »

Indians gift more than invest overseas

J&K Bank eyes Rs 1 lakh-crore business, Rs 1,000-cr profit in this fiscal

Oriental Bank scraps service charges on NEFT payments up to Rs 1 lakh

Housing finance cos register slower loan growth in FY12

UnionXperience branch from today

SBI to lend Rs 1,400 cr to Damodar Valley

Remittance Scheme

Oriental Bank cuts education loans rates

Industry & Economy

Delay in completion: The proposed flyover work is in progress at Parama island on EM Bypass in Kolkata on Thursday. - A. Roy Chowdhury

Cost escalation creates funding concerns over 2 flyover projects

Cost escalation has created funding concerns over two key flyover projects in Kolkata. Both the projects - implemented under Jawaharlal Nehru National Urban Renewal Mission (JNNURM) - ha... »

In 2 years, 32,000 textile workers lost jobs

Sibal for wider debate on rules for internet content control

India pitches for higher ratings from Fitch

Govt looking at more sops for exporters

New taxes drag demand for SEZs

Govt permits attachment of Jagan's media properties

Info-tech

The Chairman of Mahindra Satyam, Mr Vineet Nayyar (right), and the CEO, Mr C. P. Gurnani, at a news conference to announce the company’s results in
Hyderabad on Thursday. — Mohammed Yousuf

Mahindra Satyam Q4 income up but wary of global headwinds

Mahindra Satyam has cautioned about an uncertain business environment globally, while showing a growth of 21 per cent in revenues and sharp increase in margins in the fourth quarter. The... »

Forms task forces to firm up TechM merger

No surface, but a mirage

Nasscom guidance divides industry

Gaming firms gear up to tap user base in India

Cisco India shifts to new premises

Airtel slashes rates for 3G services

Ruckus Wireless plans to raise headcount

Collaborating for broadband

Agri-biz

Govt allows import of arecanut by actual user

The Union Government has facilitated arecanut imports as an input for production of goods to be exported. The Director General of Foreign Trade (DGFT) in a recent notice said the import o... »

Spices Board to launch special campaign in London during Olympics

Pepper slips onselling pressure

Mustard oil rules flat; futures perk up seeds

Beware, your veggies may have been grown in sewage water

Tea offerings drop to year's 2nd lowest at Coonoor sale

Onset of monsoon may be delayed, says US agency

White stem borer menace threatens coffee crop

Global cues sap spot rubber

Logistics

The Cathay Pacific Director - Cargo, Mr Nick Rhodes, addressing a meet in Hyderabad on Thursday. K. Ramesh Babu

Cathay Pacific launches freighter service from Hyderabad

Cathay Pacific on Thursday commenced its new freighter service from Hyderabad, connecting the city to 44 destinations world wide through Hong Kong. The service will initially be twice a w... »

Rajahmundry airport terminal operational

Oilfield services revenue ups Essar Shipping Q4 net at Rs 55 cr

Aviation Ministry convenes meeting of recognised Air India unions next week

CIAL duty free shop records 30% growth in turnover

WBSETC net falls 13% in first half

High Court tells Air India pilots to end strike

Govt sets up panel to help differently-abled air travellers

IPG awaits invite to attend meeting with Ajit Singh

Commodities

Poultry products hatch gains on pricey vegetables

Pricey vegetables, steady rise in offtake coupled with a cut in production are pushing up egg and broiler prices to record levels. The Namakkal-based National Egg Coordination Committee (... »

Rice may fall further on slack offtake

Limited exporters' buying pounds turmeric

Guar gum futures trade is strictly regulated: NCDEX

Mustard oil rules flat; futures perk up seeds

Pepper slips onselling pressure

Lower supply may cap fall in jeera

Crude futures up at Rs 5,116 per barrel

Commodity markets remain weak

Markets

Nippon Life gets nod to buy stake in Reliance Capital arm

Japanese insurance and mutual fund firm Nippon Life's proposal to acquire 26 per cent stake in Anil Ambani-owned Reliance Capital Asset Management Ltd (RCAM) has got a green signal from the Competition Commission. »

Brokers' call

Vardhman Special Steel lists under T-group

Govt wants bureaucrats to nudge listing of PSUs

Coal India declines 2% on reserve price report

Speciality Restaurants: Tasty, expensive fare

Day Trading Guide

Stock Markets

Nippon Life gets nod to buy stake in Reliance Capital arm

Aurobindo Pharma MD pledges 2 lakh shares

IPOs hit deadend; those listed too in doldrums

Brokers' call

Day Trading Guide

GMDC, JK Lakshmi Cement included in BSE indices

Cox & Kings shares up over 4% on fund raising plans

Economy

‘We are creating level-playing field for all stakeholders'

Had gas been available, in the mid-term appraisal, I could have easily done 62,000 MW instead of 55,000 MW. It is because of supply constraints (gas and coal) that I could not add more capacities. – Mr Sushil Kumar Shinde »

'Italy keen to bring FDI in fashion, textiles'

Capital Goods sector may get Rs 2,360-cr under 12th Plan: Patel

SBI to lend Rs 1,400 cr for DVC's new Bokaro thermal unit

WBSETCL posts lower profit in H1

CIMA partners with Poddar

Indirect tax collection up 10.4% in April

Plea to bring seafood peeling shedworkers under rural job scheme

Wind generation picks up in TN

Marketing

Netizens in torment over torrent sites takedown

Why this ‘Kolaveri di' over torrent websites, wondered computer geeks across the country as they woke up on Thursday morning to a rude shock – the popular sites sites for downloading movies, shows... »

“We have always perceived a movie as an event”

When Tom Cruise, Tintin ‘speak' desi lingo

Empty halls greet docu-films

SRK hits back, points finger at MCA officials

These entrepreneurs are in a different class

Samsung interactive TV debuts in India

New improved Dettol soap launched

IPL5 - Stormy weather seen for Delhi

New Manager

What motivates more, a good appraisal or a great increment?

Appraisal season presents a special kind of headache for both managers and the managed alike. HR practitioners will insist that appraisals are all about evaluating an employee's performa... »

Innovation is the ‘new normal'

Purpose of the notice period

Should companies use notice periods to retain employees?

Shut down at 7 p.m. to improve productivity

A manager's lexicon

Raymond seeks to be ‘the complete' employer

Mentor

A company could lose key employees if succession issues are not addressed

SME and succession planning

Not a day goes by without newspapers carrying reports on the succession plan — or absence of such a plan — in some corporate or the other. Recent news in this context has been about the Tatas and... »

Finance Bill fillip to SMEs

Know your baggage rules

The GAAR conundrum

On a recent retrospective tax proposal

PPP model, to deliver essential services

Disclosure initiative with a twist

Decoding business analysis and analysts

Talent attraction for SMEs

eWorld

Making their way through the merger

Legal complications around Satyam and employee concerns are making the MSat-TechM top brass hard sell the merger »

Trying to rule out e-waste

Mad for mobiles

“Every merger comes with people protecting their own turfs”

Instant popularity with the youth

Samsung steps up with Smart TVs

Betting big on Big Data?

Writer's block

“We spend a lot of time being proactive”

Investment World

What helped MFs to stay ahead of equity markets

When in doubt, bring in the professionals. With the equity markets acting difficult over the year, following the investment choices of mutual fund managers would have paid off well.Consider... »

No regulatory vacuums, says SEBI

Stocks that found favour

Index Outlook: Stocks search for a floor

Ignorance keeps investors away

The art of buying a London home

Head to South Chennai for bargains

Rents firm up in Hyderabad

Query Corner: Bosch moving in a strong structural uptrend

Smartbuy

Review of BMW M5

In the world of performance cars, the brand ‘M' commands a special respect. Tested and tuned to perfection at the world famous Nurburgring race circuit, these are models that are picked out from B... »

Review of i20

Plantronics Voyager Pro HD review

Bang & Olufsen Beolit 12 review

Olympus OM-D E-M5 review