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Sashi Krishnan Sashi Krishnan, CIO, Birla Sun Life, maintains a cautious approach towards upstream companies, while being positive on oil marketing companies. He expects OMCs to see an improvement in earnings with falling prices.
Thu, 18 Dec 2014 11:48:00 +0530
Gas allocation to be rejigged; CGD projs to get 1st priorty Presently, urea manufacturing fertiliser plants have the first right over the domestically produced gas, followed by liquefied petroleum gas (LPG) plants and power stations.
Thu, 18 Dec 2014 16:14:58 +0530
Sensex up 416 pts on short covering post Fed meet outcome The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 2.66 percent and 3.3 percent, respectively. Advancing shares outnumbered declining ones by a ratio of 2171 to 693 on the Bombay Stock Exchange.
Thu, 18 Dec 2014 16:41:37 +0530
How Russian crisis could be like 1998, but worse Sanctions have cut off Russia's access to foreign capital at the same time that falling oil prices (down almost half from their 2014 peak) make that access even more essential – so Russia can refinance its debt.
Thu, 18 Dec 2014 09:18:03 +0530
C Jayaram If the economy gets into the next gear, the leading indicators would include autos, banking and financials, says C Jayaram of Kotak Mahindra Bank.
Thu, 18 Dec 2014 16:42:28 +0530
Sachin Menon Sachin Menon, COO tax and head of indirect tax, KPMG says India can't have a perfect GST given the demographic situation and the peculiar federal structure. However, this bill will most definitely improve the ease of doing business.
Wed, 17 Dec 2014 21:39:55 +0530
Monte Carlo Fashions to list shares on December 19 Monte Carlo Fashions is going to list its equity shares on the Bombay Stock Exchange and National Stock Exchange (Capital Market segment) on December 19, 2014.
Thu, 18 Dec 2014 17:11:57 +0530
Nirmal Jain In an interview to CNBC-TV18, Nirmal Jain, Chairman, IIFL, said the correction is over for the time being but it will depend on the movement in global markets.
Thu, 18 Dec 2014 10:51:39 +0530
Sachin Menon Menon says a high GST rate would lead to tax evasion and thereby lower compliance
Thu, 18 Dec 2014 10:46:24 +0530
Pragya Bhardwaj India Inc has since long been demanding implementation of the GST to ensure shift from tax optimisation to operational efficiency, with which economy will get a major boost.
Thu, 18 Dec 2014 19:33:09 +0530
Harsh Mariwala Mariwala feels the government should set up a strong IT backbone to implement GST at a state level, and also focus on adequate training for officials for implementation of GST
Thu, 18 Dec 2014 10:36:21 +0530
Neeraj Deewan Neeraj Deewan of Quantum Securities is of the view that PSU banks are the top picks.
Thu, 18 Dec 2014 16:59:20 +0530
Sudarshan Sukhani Sudarshan Sukhani of s2analytics.com recommends buying Ashok Leyland.
Thu, 18 Dec 2014 16:58:51 +0530
Sebi orders imprisonment against Thane-based defaulter Sebi has ordered civil imprisonment against a Thane-based defaulter Vinod Hingorani who has been sent to jail for a maximum six months for failing to pay dues of Rs 1.64 crore.
Thu, 18 Dec 2014 20:47:11 +0530
Piotr Matys The recent run on Russian currency ruble has given birth to murmurs that Russia may default and that capital control is on the cards. Expressing his views on the subject, Rabo Bank's Piotr Matys explains why such a possibility is remote despite the fact that an emergency rate hike has done little to stop ruble's slide.
Thu, 18 Dec 2014 14:19:58 +0530
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Politics

This was the second attack on Sidhu in last three days in the constituency, where sitting Congress minister Raman Bhalla is the Congress candidate.
"She has been admitted to Sir Ganga Ram Hospital here for further treatment of the infection," AICC general secretary Ajay Maken said.
Jharkhand Chief Minister and JMM leader Hemant Soren is contesting from Dumka, besides Barhait constituency, where he is facing challenge from former JMM leader and BJP candidate Hemlal Murmu.
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India

India's space agency successfully tested on Thursday its most powerful satellite launch vehicle that can put heavier payloads into space, and, it hopes, win India a bigger slice of the $300 billion global space industry.
Of the total allotments, 1791 of the plots and houses over a period of almost 20 years to some of the most influential people in Odisha stands cancelled by the Odisha cabinet.
Of the total allotments, 1791 of the plots and houses over a period of almost 20 years to some of the most influential people in Odisha stands cancelled by the Odisha cabinet.
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Tech

Yu Televentures, a subsidiary of Micromax, has partnered Cyanogen to offer customised user experience to end users.
The first successful launch of the GSLV rocket was on April 18, 2001.
Apple Pay, which allows the new iPhone to make payments in stores, has the backing of banks that dominate 90 per cent of all credit cards transactions from the US.
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