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The Economic Times

The Economic Times: Latest business, finance, markets, stocks, company news from India.

Copyright: Copyright:(C)Mon 27 Feb 2017, 20:06:212017Mon 27 Feb 2017, 20:06:21 Bennett Coleman & Co. Ltd,

More layoffs likely as India's manufacturing sales shrink

Mon, 27 Feb 2017 11:34:09 GMT

More layoffs likely as India's manufacturing sales shrinkA cutdown in factory output for the 4th straight month in Dec, along with a depressed investment outlook, could lead to more layoffs, industry captains have warned.

Cash crisis easing, but businesses are still caught in a hopeless situation. Here's why

Mon, 27 Feb 2017 13:52:12 GMT

Cash crisis easing, but businesses are still caught in a hopeless situation. Here's whyConsumer confidence is down badly with households uncertain about income, employment and spending capability. The situation is no better in rural India.

Bharti Airtel scraps national roaming charges on calls, data to counter Reliance Jio

Mon, 27 Feb 2017 11:52:04 GMT

Bharti Airtel scraps national roaming charges on calls, data to counter Reliance JioStarting April 1, 2017, Airtel customers roaming within India will enjoy free incoming calls/SMS and there will be no premium on outgoing calls.

Question paper leak: Army orders high-level CoI

Mon, 27 Feb 2017 13:45:40 GMT

Question paper leak: Army orders high-level CoIThe CoI was ordered by Southern Command of the Army and it will also examine any possible involvement of the serving personnel of the Army.

After Kansas shooting, Indians wary of moving to US

Mon, 27 Feb 2017 11:02:17 GMT

After Kansas shooting, Indians wary of moving to USReports of rising American hostility toward immigrants have stunned many Indians, said a senior fellow at the Council on Foreign Relations.

'India needs to accept its asymmetry with China'

Mon, 27 Feb 2017 12:00:21 GMT

'India needs to accept its asymmetry with China'The editorial said it was in India's interest to "rationalise the concerns over its disparity with China" and not "obsess with false parity".

Sedition case: SIMI chief, 10 others get life sentence

Mon, 27 Feb 2017 12:21:38 GMT

Sedition case: SIMI chief, 10 others get life sentenceOn a plea of 10 of the accused lodged in Ahmedabad's Sabarmati Central Jail, they were informed about the court's judgement through video-conferencing.

Ramjas College protests: 10 latest developments

Mon, 27 Feb 2017 11:41:35 GMT

Ramjas College protests: 10 latest developmentsDCW chief Swati Maliwal said the police must take action against those issuing rape threats to Gurmehar Kaur and set an example.

Situation in J&K not as tense as last year: CRPF

Mon, 27 Feb 2017 11:16:13 GMT

Situation in J&K not as tense as last year: CRPFCRPF’s Director General S Durga Prasad explained that locals do create hurdles during counter-terrorist operations. He admitted that, "people are supporting terrorists under duress."

Estimated 60% turnout till 5 pm in UP Phase-5

Mon, 27 Feb 2017 10:51:38 GMT

Estimated 60% turnout till 5 pm in UP Phase-5

Kim Jong-nam 'ordered' half-brother's killing: Seoul

Mon, 27 Feb 2017 14:03:03 GMT

The National Intelligence Service (NIS) said four of the eight suspects behind the murder worked for Pyongyang's Ministry of State Security.

Softbank expects ARM to deliver 1 trillion IoT chips in next 20 years

Mon, 27 Feb 2017 13:50:57 GMT

Son and Saudi Arabia's sovereign wealth fund have created a technology investment fund that could grow as large as $100 billion and become a kingpin in the high-tech industry.

China is the "world's principal IP infringer": US watchdog

Mon, 27 Feb 2017 12:31:47 GMT

China continues to obtain American IP from US companies operating inside China, from entities elsewhere in the world, and of course from the US directly through conventional as well as cyber means.

White House launches crackdown on staffers amid leaks

Mon, 27 Feb 2017 11:27:15 GMT

Staffers were also asked to dump their phones on a table for a "phone check", to prove they had nothing to hide.

China January services trade deficit narrows to $20.9 bn: FX regulator

Mon, 27 Feb 2017 08:15:16 GMT

January's deficit was largely due to a $19.7 billion gulf in spending between foreign tourists and the Chinese, who splurge more abroad than foreign tourists in China.

Counterfeiters, hackers cost US up to $600 billion a year

Mon, 27 Feb 2017 06:44:46 GMT

The findings echo those of the Office of the Director of National Intelligence, which in 2015 pegged the annual cost of economic espionage by computer hacking at $400 billion.

Intex appoints SP Subramanian as AVP sales for mobile business

Mon, 27 Feb 2017 12:50:59 GMT

Subramanian brings with him nearly 25 years of experience in the service provider and mobile devices segment including companies like Lava International Limited and Sistema Shyam.

Tata Communications partners with HPE for roll-out of LoRa network

Mon, 27 Feb 2017 08:12:23 GMT

The HPE Universal IoT platform will have increased LoRa gateway support, enabling the use of multiple LoRa gateways with a common set of applications.

Nokia’s SDN arm in talks with telcos to deploy tech in data centres

Sun, 26 Feb 2017 19:31:27 GMT

Nokia has lately developed a strategy of serving non-telecom customers. Nuage is helping Nokia to cater to the needs of these new customers.

Payroll outsourcing service provider Excelity Global ties up with Datamatics

Mon, 27 Feb 2017 07:13:52 GMT

Through its engagement with Excelity Global, Datamatics will be well positioned to deliver human resources management solutions in a real-time and flexible manner.

For virtual reality, content is the king, say industry watchers

Mon, 27 Feb 2017 09:06:41 GMT

The VR storyteller guild workshop, in partnership with Nasscom, is aimed to promote VR by creating a community of content creators.

Intel South Asia MD Debjani Ghosh to step down in March

Mon, 27 Feb 2017 09:50:48 GMT

The company has named Prakash Mallya -- currently Director for Intel's Datacenter Group in Asia -- to succeed Ghosh.

FM must rethink

Fri, 05 Mar 2010 00:02:47 GMT

TT Ram Mohan has rightly suggested that the tax-GDP ratio measures structural improvement. The FM must rethink his medium-term debtto-GDP target.

Amalgamate banks

Fri, 05 Mar 2010 00:01:28 GMT

Financial inclusion and financial literacy will be the paramount objective while implementing reforms along with UID project to protect the interests of poor.

Managing data

Mon, 12 Oct 2009 21:10:52 GMT

This refers to your edit ‘A welcome quest’ (ET, Oct 8). It is imperative to have a strong database.

Right technology

Mon, 12 Oct 2009 21:09:54 GMT

Apropos of ‘The climate conundrum’ (ET, Oct 9), Mukul Sanwal rightly suggests that developing countries should lead in setting the agenda for global technological cooperation.

Make in India, sell in India: Government to free up FDI in multibrand retail?

Mon, 27 Feb 2017 14:18:43 GMT

This government has already exercised such a model in the foods category. Last year it allowed 100% FDI in food trading provided all of the goods were produced domestically.

Cash crunch is easing, but Indian companies still see no hope of business as usual. Here's why

Mon, 27 Feb 2017 13:52:12 GMT

Consumer confidence is down badly with households uncertain about income, employment and spending capability. The situation is no better in rural India.

Huge potential for Indian mfg cos in CLMV region: Nirmala Sitharaman

Mon, 27 Feb 2017 11:32:21 GMT

The Commerce and Industry Minister said: "There is an immense potential for us to tap these nations." She was here for the 4th India-CLMV Business Conclave, organised by CII.

India, South East Asian nations improving connectivity: Nirmala Sitharaman

Mon, 27 Feb 2017 10:37:19 GMT

The Commerce and Industry Minister said India and CLMV countries are working on accelerating projects to improve port, road and air connectivity.

Abu Dhabi Global Market & GIFT SEZ for Finance take Bilateral Cooperation to next level

Mon, 27 Feb 2017 10:15:37 GMT

The MoU between ADGM and GIFT SEZ provides a framework for the exchange of views and expertise in the fields of banking, financial services and securities regulation of each jurisdiction.

States' fiscal deficit will rise to 3.3% in 2017-18: India Ratings

Mon, 27 Feb 2017 09:34:52 GMT

The aggregate capital expenditure to GDP ratio of states is expected to remain stable at 3.4 per cent in FY18, which is the same as in FY16 and FY17.

Tech view: Nifty50 forms 'Small Bear' candle; 8,880-8,850 key

Mon, 27 Feb 2017 11:43:22 GMT

At close Nifty was below 8,900, which was exactly at its 5-day exponential moving average of 8,896. A level below 8,890 may call for further selling pressure.

5 IPOs queue up to hit the mkt, will leave investors spoilt for choice

Mon, 27 Feb 2017 10:06:42 GMT

D-Mart is a Mumbai-based retail chain. This is one of the most profitable retail chain. The issue price is expected to be between Rs 290 and Rs 300 a share.

ETMarkets After Hours: Banking stocks snap 6-day winning streak

Mon, 27 Feb 2017 11:24:13 GMT

Banking stocks snapped a six-day winning streak on Monday on profit booking. All the 12 components in the Nifty Bank index settled in the red with Axis Bank falling the most at 3.61 per cent

Sovereign gold bonds open; 10 things you must know

Mon, 27 Feb 2017 09:43:40 GMT

The scheme is aimed at unlocking 20,000 tonnes of the precious metal lying idle in households and temples, whose worth is estimated at around $800 billion.

HNIs, retail investors hiked stake in these stocks in Q3

Mon, 27 Feb 2017 09:28:15 GMT

In the BSE500 index, retail investors stood buyers in nearly 300 companies as of December 2016 compared with that at the end of September quarter of 2016.

'Energy for long-term, telecom a contra buy'

Mon, 27 Feb 2017 10:00:30 GMT

IT has recovered from the down that they have witnessed earlier but what happens in the US and on the Brexit side will have an impact on its future prospects, says Srivastava

Traders bet on calendar spread as Nifty moves in a tight range

Thu, 12 Aug 2010 20:55:54 GMT

A trading combination involving Nifty options is gaining prominence among savvy trading desks of institutional investors.

Nifty may find support at 5300 level

Wed, 11 Aug 2010 20:52:06 GMT

As far as stock futures are concerned, we are very near to the highest-ever open interest with 195 crore shares in open interest.

Seven out of top 10 Asian small-cap funds are Indian

Thu, 12 Aug 2010 05:20:58 GMT

An analysis of 300 Asian small-cap schemes shows DSP BlackRock Micro Cap Fund leading the charge, delivering an 82% return over the past year.

Inflation reflects growth dynamics in India: Christopher Wood

Sun, 08 Aug 2010 14:02:56 GMT

India has inflation and it reflects the fundamental growth, Christopher Wood, equity strategist, CLSA, said at ET Now Mkt Summit-2010.

Market may trade in a range, but FIIs seen sold on India

Sun, 08 Aug 2010 19:35:47 GMT

Market may see range-bound trading this week in the absence of any major trigger.

'Don't bank only on price-to-earning ratio'

Sun, 08 Aug 2010 22:25:00 GMT

Many experts believe that looking at PE ratio in isolation won’t help investors grasp realities of the mkt and higher valuation may not be the only deciding factor driving mkt.

Every decision of government needn’t be a big reform: Anand Mahindra

Sun, 01 Jun 2014 22:30:07 GMT

"The fact that we are the world’s largest democracy and we are all aware that power and a role in global affairs for a nation comes from economic strength."

Narendra Modi has his eyes set on boosting business: Joao Cravinho, EU Ambassador

Tue, 03 Jun 2014 00:04:35 GMT

Ambassador Joao Cravinho, head of the EU delegation, led Ambassadors of various European countries to a quiet lunch with Modi at the capital last year.

Confidence level of industry improving: KV Kamath, ICICI Bank

Mon, 02 Jun 2014 08:57:23 GMT

"It is the collective wisdom of the marketplace that there is action and we will move with speed. That improves the confidence level of industry."

We may see rapid growth over the next few years: Raamdeo Agrawal

Mon, 02 Jun 2014 02:30:11 GMT

Directives from the Centre have to be executed at the state level. So, there are many things that are not in Modi’s hands, says Raamdeo Agrawal.

Our commitment for press freedom, and autonomy of public broadcast is absolute: Prakash Javadekar

Fri, 30 May 2014 22:30:25 GMT

"Now there is a stage three and stage four of digitisation, we will take a call on this only after taking all things into account."

There is a leadership vacuum in Infosys, time to get Nandan Nilekani back: Mohandas Pai

Thu, 29 May 2014 07:10:06 GMT

"There is a leadership vacuum in the company, because they made the wrong choice of CEO three years ago and that is playing out right now."

Alfa raises delisting price to Rs 2,850 a share

Tue, 10 Jan 2012 12:19:11 GMT

Alfa Laval (India) today said its parent firm has raised the delisting offer price to Rs 2,850 a share.

DB Realty, Unitech stocks rose

Tue, 29 Nov 2011 22:25:23 GMT

The stocks of DB Realty and Unitech rose after top executives of these companies were granted bail in the 2G scam case.

Fitch withdraws Reliance Capital ratings

Thu, 20 Oct 2011 15:30:11 GMT

Fitch on Friday said it has withdrawn the ratings on Reliance Capital as the company has decided to stop participating.

'Discoms' poor fin health poses risks for traders'

Thu, 20 Oct 2011 14:32:51 GMT

The poor financial health of state electricity boards could pose significant business risks for power traders in the country, says Fitch.

Cigarette cos shares outperform benchmark Sensex

Mon, 18 Jul 2011 20:05:28 GMT

Shares of cigarette companies have rallied over the past one month, with ITC, Godfrey Philips and VST Industries hitting record highs.

Lovable Lingerie's dream run on as traders lap it up

Fri, 17 Jun 2011 18:55:28 GMT

Lovable Lingerie is 3rd-best performing stock among companies listed this year, with it doubling in value, as traders bet it could repeat performance of Page Indus.

After the Oscars, what's next for silent stars of The Artist?

Tue, 28 Feb 2012 19:12:07 GMT

The team behind The Artist will have spent the first day of the rest of their lives conforming to the grandest, and most lucrative, of Hollywood traditions.

Delhi World Book fair: A fair like no other

Sat, 25 Feb 2012 02:08:37 GMT

It's the World Book fair, which comes around once every two years sprawling across the giant halls of Pragati Maidan. This is the fair's 20th edition.

Indian gift makes its way to State Department exhibition

Fri, 24 Feb 2012 08:09:49 GMT

An elephant figurine gifted by the then HM LK Advani to US Secretary of State Colin Powell in 2002, has made its way to the State Department hall.

IMD to use dynamic models for forecasts

Tue, 21 Feb 2012 20:49:54 GMT

Statistical models used by IMD will still be used for monsoon forecast, but the ministry of earth sciences is putting more emphasis on dynamic models.

Docs reveal contents of first wire msg between India & Eng

Tue, 21 Feb 2012 09:49:25 GMT

Newly discovered documents have revealed the first telegraph messages and joy when England was linked for the first time with India on 23 June, 1870.

Worried Amitabh Bachchan fans pray to Lord Shiva for his recovery

Mon, 20 Feb 2012 10:57:34 GMT

Hundreds of worried fans of ailing Bollywood megastar Amitabh Bachchan today performed a yagna here to pray for his speedy recovery.

'Big Daddy' laps up Cipla after Q1 nos beat forecast

Fri, 13 Aug 2010 22:05:24 GMT

Shares of Cipla inched up on heavy volumes on Friday, after the company’s first quarter earnings beat the consensus estimate.

Old Fox has dream run on Dalal Street

Fri, 13 Aug 2010 21:56:46 GMT

The Old Fox of Dalal Street has been on a dream run since the past couple of weeks. On Friday, most stocks that he had been steadily building up positions in figured among key gainers of the day.

Cairn India hits record high on BSE amid stake sale talks

Fri, 13 Aug 2010 14:41:07 GMT

The scrip, which was flat for most of the session, shot up in the final hour of trade on the Bombay Stock Exchange to settle with a net gain of 4.36 per cent at Rs 355.45.

Vedanta plunges 5.59% on LSE amid talks to buy Cairn stake

Fri, 13 Aug 2010 13:56:27 GMT

In the late afternoon session, the scrip was being traded at 20.61 pounds, down by 5.50 per cent on the LSE. Vedanta opened on a positive note, but soon swung into the red.

SBI shares on gaining spree; hit record high

Fri, 13 Aug 2010 13:17:42 GMT

In the past two days, the scrip recorded a gain of over 9 per cent on the BSE, making its investors richer by a whopping Rs 15,000 crore.

Question paper leak: Army orders high-level Court of Inquiry

Mon, 27 Feb 2017 13:45:40 GMT

The CoI was ordered by Southern Command of the Army and it will also examine any possible involvement of the serving personnel of the Army.

Now, Uma Bharti and Mukhtar Abbas Naqvi say BJP should have fielded Muslims in UP polls

Mon, 27 Feb 2017 13:42:36 GMT

Bharti, Minister for Water Resources, River Development and Ganga Rejuvenation, said the Bharatiya Janata Party made a "huge mistake" by not fielding any Muslim candidate.

Supreme Court to hear BCCI's Joint Secretary's plea Committee of administrators

Mon, 27 Feb 2017 13:36:06 GMT

A bench headed by Justice Dipak Misra assured Chaudhary's counsel that it would communicate with the Chief Justice J S Khehar for early setting up of the bench.

50 pc Waqf properties under the clutches of mafia: Mukhtar Abbas Naqvi

Mon, 27 Feb 2017 12:41:03 GMT

As its names suggests, the Act, currently being examined by the Group of Ministers, has provisions to evict illegal occupants from the Waqf properties.

Samajwadi Party will be put on ventilator after UP polls: Mayawati

Mon, 27 Feb 2017 12:39:13 GMT

"SP ke babuaa ko SP ki bhaabhi bhi nahi bacha paayegi (Even the SP's sister-in-law (Dimple), will not be able to save its much-venerated young man Akhilesh)," she said at a poll meeting.

SC bench to verify how Vijay Mallya's case came up before it

Mon, 27 Feb 2017 12:16:37 GMT

The bench said it would verify how the case filed against Mallya by a consortium of banks, led by the State Bank of India, was listed before it when another apex court bench was already hearing the matter.

ET Search

Tue, 06 Aug 2013 08:15:00 GMT

Rupee#CAD#Economic crisis#Food Bill

Uber merging China ops with Didi in $35 bn deal

Mon, 01 Aug 2016 05:23:52 GMT

Uber will reportedly continue to operate its own app in China for now. Uber declined to comment on this to the publication.

Jinping under pressure for strong SC Sea response

Mon, 01 Aug 2016 04:41:32 GMT

Some elements within China's military are pushing for a stronger - potentially armed - response aimed at United States and its regional allies.

No government accommodation for former CMs: SC

Mon, 01 Aug 2016 05:48:00 GMT

The apex court also directed six former chief ministers of Uttar Pradesh to vacate government houses allotted to them.

Manufacturing PMI at 4 month high of 51.8 in July

Mon, 01 Aug 2016 05:49:49 GMT

The seasonally adjusted Nikkei India Manufacturing Purchasing Managers Index edged higher in July, at 51.8 compared with 51.7 in June.

Scooter's back, with new hero on road

Sun, 12 Jun 2016 05:20:10 GMT

Slowing rural demand after two rain deficit years might be weighing down Splendor's sales but Honda says there is more to these results than El Nino.

PM Modi's two years have been 'Acche din' for India's space community

Sun, 12 Jun 2016 04:22:57 GMT

Since Modi took over, India's spaceship reached Mars, launch of India's mini space shuttle was a huge success, and ISRO started swadeshi sat-based navigation.

Prabhudas Lilladher has a reduce rating on Infosys

Fri, 05 Dec 2008 18:30:00 GMT

Prabhudas Lilladher has a ‘reduce’ rating on Infosys Technologies as it feels that the outlook for the company and the software industry is quite weak in the near-term.

Fin Crisis: Too late and too little done in US

Thu, 04 Dec 2008 20:35:00 GMT

A crisis of $240 trillion cannot be stemmed with bailout packages of $1 to $10 trillion. 2008: Year of global financial crisis | Survive credit crisis | Ghosts of 1929

Weak rupee takes its toll on cos with huge foreign debt

Wed, 01 Oct 2008 03:10:42 GMT

The falling rupee will severely affect the small companies, whereas the big ones will be impacted moderately. Get rid of Debt | Adopt correct investment strategies

Wait for more signals before turning positive

Sun, 27 Jul 2008 22:40:49 GMT

At the recent low of 12514 points, the Sensex has tested the 12800-12000-pts support zone and has since then attempted a corrective rally.

Six Indian cos among BusinessWeek's top 100 Infotech firms

Wed, 02 Jul 2008 13:55:05 GMT

BusinessWeek's 'The Infotech 100', has ranked Bharti Airtel at the 21st position followed by Reddington India (55th) and RCom (66th). Successful business formula

Indian firms slip in global ranking; four move out of Top-500

Sun, 29 Jun 2008 06:08:01 GMT

14 firms present in a new list of world's 500 most valued firms together seeing an erosion of about $150 billion in their market value in the first three months of this year.