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The Economic Times

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

Copyright: Copyright:(C)Mon 27 Mar 2017, 12:11:042017Mon 27 Mar 2017, 12:11:04 Bennett Coleman & Co. Ltd,

Foreigners to Modi's rescue as inflows help fund India deficit

Mon, 27 Mar 2017 05:44:18 GMT

Foreigners to Modi's rescue as inflows help fund India deficitWhile Asia’s third-largest economy is forecast to grow at one of the fastest paces in the world, Prime Minister Narendra Modi needs this money.

India's China moment: How remonetisation will help govt correct past economic wrongs

Mon, 27 Mar 2017 05:33:34 GMT

India's China moment: How remonetisation will help govt correct past economic wrongsIn 1980 India and China were almost equal in GDP. By 2016 India has become less than 20% of China. There are many reasons why China has leapfrogged India.

Yogi takes 50 big decisions in first 150 hours, without his first cabinet meet

Mon, 27 Mar 2017 05:45:43 GMT

Yogi takes 50 big decisions in first 150 hours, without his first cabinet meetFrom the ban on illegal slaughterhouses to the formation of anti-Romeo squads, Yogi's decisions have drawn mixed response and produced varied results.

Gaikwad's supporters call for Osmanabad bandh

Mon, 27 Mar 2017 06:13:09 GMT

Gaikwad's supporters call for Osmanabad bandhGaikwad had refused to alight, holding up the aircraft for over 40 minutes. The MP has been barred from flying all major domestic airlines as he refused to apologise.

Govt plans mega public outreach to hardsell GST

Mon, 27 Mar 2017 05:48:55 GMT

Govt plans mega public outreach to hardsell GSTNarendra Modi has flagged the need to explain the tax measures with the common man as a key target for his ministers and party MPs.

UP administration feels the change under Yogi

Mon, 27 Mar 2017 01:54:39 GMT

UP administration feels the change under YogiAdityanath's govt is planning to launch probes into some big-ticket projects of its predecessor, such as the Agra-Lucknow expressway project, for irregularities.

PM seeks sabka saath in achieving digi-pay target

Sun, 26 Mar 2017 19:01:27 GMT

PM seeks sabka saath in achieving digi-pay target“Can 125 crore countrymen resolve to undertake 2,500 crore digital transactions during this year? We made an announcement in Budget,” said PM Narendra Modi.

KD Singh's Alchemist Group faces trouble in Bengal

Sun, 26 Mar 2017 19:32:49 GMT

KD Singh's Alchemist Group faces trouble in BengalThe Alchemist Group, with business interests in finance, hatcheries, three Darjeeling tea gardens, properties, and processed chicken stores, now face several cases.

India to focus on blue economy during Hasina's visit

Sun, 26 Mar 2017 19:17:57 GMT

India to focus on blue economy during Hasina's visitThis is in keeping with Prime Minister Narendra Modi’s initiative to develop blue economy partnerships with the littoral states of the Indian Ocean Region to harness maritime resources and ensure peace.

MPs to get brand new flats with modern amenities

Sun, 26 Mar 2017 18:50:10 GMT

MPs to get brand new flats with modern amenitiesCPWD is all set to demolish in phases the 428 MP flats, built 60 years ago, in North and South Avenues to give way to swanky low-rise buildings.

Thousands flee as Cyclone Debbie bears down on Australia

Mon, 27 Mar 2017 04:51:22 GMT

Cyclone Debbie is forecast to strengthen to a Category four storm before it makes landfall in the northeast state early on Tuesday, the Australian Bureau of Meteorology said.

Iran to sanction 15 US companies for Israel ties

Sun, 26 Mar 2017 10:53:01 GMT

Iran's sanctions target US firms that provide arms and equipment to Israel "for use against the Palestinians", IRNA said.

One killed, at least 14 wounded in Ohio nightclub shooting: CNN

Sun, 26 Mar 2017 09:01:15 GMT

At least 15 people were shot at about 1 a.m., WLWT-TV reported on its website. Several of them had life-threatening injuries, it reported, quoting Assistant Police Chief Paul Neudigate.

Gunman surrenders after fatal shooting on Las Vegas Strip

Sun, 26 Mar 2017 02:04:48 GMT

Two people were taken to the hospital after the shooting, University Medical Center spokeswoman Danita Cohen said. One died, and the other was in fair condition.

After healthcare flop, White House seeks help from Congress on tax

Sun, 26 Mar 2017 01:58:34 GMT

"We're going to roll our sleeves up and we're going to cut taxes across the board for working families, small businesses and family farms," Pence said.

US air strike in Afghanistan killed senior Qaeda leader Qari Yasin: Pentagon

Sun, 26 Mar 2017 01:51:10 GMT

Afghanistan has long accused Pakistan of providing safe haven to the Afghan Taliban, part of an ongoing dispute with both countries trading allegations.

Xiaomi looking to increase offline share to 50% of sales: Founder Lei Jun

Mon, 27 Mar 2017 05:59:13 GMT

“It’s a possibility, we’re still running out of stock of India,” Jun, 47, said. “First fulfil Indian consumer needs before looking at exporting,” he added.

Government working on options for duty sops sought by Apple

Sun, 26 Mar 2017 06:03:49 GMT

Although the Finance Ministry has prima facie rejected the demands of the US-based technology major, senior executives of the company met an inter-ministerial group recently to deliberate upon the issue.

Breach of contract: MillerCoors sues HCL Tech for $100 Million

Fri, 24 Mar 2017 19:56:59 GMT

The case, filed in Illinois federal court on March 13, alleges that HCL Tech failed to perform on a SAP upgrade contract it won in 2013.

Google wants Indian Telecom operators on its SDN-based platform

Fri, 24 Mar 2017 19:49:54 GMT

Google’s SDN-based platform comes at a time when telecom networks are dealing with a huge upsurge in data consumption.

Twitter considering paid subscription to power users

Fri, 24 Mar 2017 07:07:54 GMT

The new TweetDeck will be designed to make it easier than ever to keep up with multiple interests, grow your audience, and see even more great content and information in real-time.

Top deck rejig at Samsung Mobiles to counter Chinese competition

Thu, 23 Mar 2017 19:13:26 GMT

Samsung has also brought back Asim Warsi to the cellphone arm after he was given responsibility for creating the online product portfolio and product plans for all categories last year.

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.

Government plans mega public outreach to hardsell GST

Mon, 27 Mar 2017 05:48:55 GMT

Narendra Modi has flagged the need to explain the tax measures with the common man as a key target for his ministers and party MPs.

Foreign investors to the rescue as inflows help fund India deficit

Mon, 27 Mar 2017 05:44:18 GMT

While Asia’s third-largest economy is forecast to grow at one of the fastest paces in the world, Prime Minister Narendra Modi needs this money.

India back in sweet spot after note ban, UP polls: Richard Iley, BNP Paribas

Sun, 26 Mar 2017 19:57:17 GMT

Foreign investors expect the Narendra Modi government to continue with relatively high-risk structural reforms, says Richard Iley.

10 multi-modal hubs likely under transport master plan

Sun, 26 Mar 2017 19:45:15 GMT

The plan will forecast future transport demands and projected infra and service requirements, and will develop framework of a transport strategy and investment plans.

GST: 10 groups set up under senior taxmen to examine issues and report by April 10

Mon, 27 Mar 2017 01:52:14 GMT

A senior government official told ET that most issues have been addressed through feedback but it was felt some sectors needed a closer look.

No idea of introducing new denomination notes at present: RBI

Sun, 26 Mar 2017 14:41:07 GMT

"The central banking institution wants to encourage cashless transactions, which are helpful to the people", RBI Deputy Governor N S Vishwanathan said.

Beware! Your favourite stocks may not beat market return in next rally

Mon, 27 Mar 2017 05:47:57 GMT

Market valuations have been propelled mainly by ultra-low global interest rates in the post-Lehman era, even as earnings have remained subdued.

What’s up ahead: Nifty to consolidate on pressure on RIL and F&O expiry

Mon, 27 Mar 2017 02:31:45 GMT

Consolidation is expected to continue as the daily charts show some tiredness at higher levels. The Nifty50 is likely to take a breather at the current level.

The ABC of remonetisation: India's China moment

Mon, 27 Mar 2017 05:33:34 GMT

In 1980 India and China were almost equal in GDP. By 2016 India has become less than 20% of China. There are many reasons why China has leapfrogged India.

Emotional capital is must for investing: Rashesh Shah

Mon, 27 Mar 2017 06:01:56 GMT

Have a bifocal vision with one eye on the long term India opportunity and the other on the short term issues, says Shah.

Bullish on PSU banks, but prefer ICICI to SBI: IIFL

Mon, 27 Mar 2017 05:05:55 GMT

In aviation, SpiceJet or IndiGo would be preferred over Jet while in pharma, would bet on Sun Pharma, says Sofat.

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.

Alchemist Group faces trouble in Bengal; State police lens on KD Singh’s empire

Sun, 26 Mar 2017 19:32:49 GMT

The Alchemist Group, with business interests in finance, hatcheries, three Darjeeling tea gardens, properties, and processed chicken stores, now face several cases.

First bandh in Manipur after BJP-led government took over

Sun, 26 Mar 2017 13:31:35 GMT

The 17-hour bandh called by a student organisation in Manipur, Democratic Students’ Alliance of Manipur (DESAM) has partially effected normal life in Manipur.

VHP chief Praveen Togadia seeks Parliament Act to build Ram Temple

Sun, 26 Mar 2017 19:13:46 GMT

Praveen Togadia raked up the issue of illegal Bangladeshis as well as Rohingiya refugees from Myanmar and sought their ouster from India within six months.

BJP looks at Odisha with renewed hope, to hold national conclave in the state after 20 years

Sun, 26 Mar 2017 19:09:24 GMT

BJP will hold a two-day national conclave in Bhubaneswar on April 15-16 to discuss the Assembly election results of Uttar Pradesh, Uttarakhand, Punjab, Goa and Manipur.

Alliances do not threaten Jammu and Kashmir's identity, says Tasaduq Mufti

Sun, 26 Mar 2017 19:24:43 GMT

Mufti, who is fighting the parliamentary by-elections from Anantnag constituency of south Kashmir, focuses on preserving ecology and ensure sustainable development.

'Top Uttar Pradesh officials spending sleepless nights under Yogi Adityanath's regime'

Sun, 26 Mar 2017 18:22:04 GMT

Although Yogi Adityanath has avoided any major bureaucratic reshuffle, his message to the IAS and IPS officers is clear — that he is different from his predecessors.

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.