Stock Analysis, IPO, Mutual Funds, Bonds & More

'Cyber attacks moving to mobile, social sites'

India has rapidly adopted modern technology, be it cellular telephony, computers, smartphones, social networks and now tablets.

Cognizant's US SEC filing triggers fears of slow revenue growth in 2013; IT stocks take a plunge

Many brokerages came out with reports interpreting the implied growth rate in Cognizant's filing as the first tangible data point setting expectations for growth in 2013.

Fifteen stocks in focus in Monday morning trade

Indian shares are expected to trade higher. Here is a list of fifteen stocks that are likely to be in action in morning trade today.

Endorsements without limit

The Board of Control for Cricket in India (BCCI) has decided, at least for the time being, not to put any limit on the number of endorsements that they can do.

Infosys gets service tax notice for Rs 33 crore

Infosys under government scanner for alleged evasion of service tax worth Rs 33 cr on commission paid for its global issue.

‘New deals may come through in H2’

Girish S Paranjpe, co-chief executive and member of the board at India’s third-biggest software exporter Wipro, sees new business opportunities during the current economic crisis.

We believe what we did was right, says Azim Premji

The top man in the third largest IT company came out to defend it from the charge. Chairman, Azim Premji said, "Let me reaffirm that Wipro was right from a legal as well as ethical standpoint.

Satyam wins order, employees find comfort in job offers

The formation of the three member board at Satyam Computer Services would surely have soothed nerves of panicked employees to an extent.

Amalgam gives Tatas food for thought

The Tata group is foraying into the foods business. Tata arm has picked up stake in Kochi-based food company.

About 50% homes due for 2013 delivery to be delayed on slow construction approvals, liquidity issues

A combination of consumer activism, agitation by farmers, bureaucratic delays, labour shortage and legal wrangles has also contributed to holding up projects.

Airports witness higher passenger flow

All of India is flying once again. Airports Authority of India's (AAI) latest data for October, 2009, shows that 45 of the 46 big airports in the country saw more people flying than October, 2008.

Lateral hires getting good hikes in IT companies

IBM, Talisma and Yes Bank are said to have hired people with two-three years' experience, at salaries that were 50% to 100% higher than in their previous jobs.

Can Arun Jaitley's budget re-energise the real estate sector?

Jaitley reduced the size of real estate projects eligible for FDI from 50,000 sq metres to 20,000 sq metres and halved the minimum investment limit for FDI to $5 million.

Global IT companies PCCW, WeDo eye Subex buyout

Subex, which has gone through a meteoric rise followed by a fall under its founder and former chairman Subash Menon, has once again caught the fancy of global tech majors for a buyout.

Strides Acrolab: Drug licence, supply gains turn it on

THE Bangalore-based pharma major, Strides Arcolab, saw its stock price rising by 8% on Wednesday on the back of news of the company collaborating with Pfizer to supply generic products in the US.

Vote on Account 2014: How loans have changed in the last decade

Be it a home loan, personal loan or car loan, loans today are getting approved in a couple of days as compared to a month long process ten years ago.

Five killed, 34 injured in Assam train blast

A bomb blast on Guwahati-Tinsukia passenger train killed five persons.

US senator outsources speech to India

Last year, the UK govt is said to have outsourced a pre and post election work to a BPO firm in Bangalore.

How a software pro Sasken turned satphone star

Inmarsat officials say Sasken has helped open a new market and disrupted the global market for satellite phones.

Microsoft's TechFest showcased an array of technologies

Technologies of the future from around the world were showcased in Redmond, US, early this month at TechFest-Microsoft’s annual event where techies from Bangalore and Beijing to Cambridge and Connecticut converged to demonstrate technologies which may change our lives in future.

Enforcement Directorate lays claim to Rs 822 crore cash of erstwhile Satyam Computer Services

The Enforcement Directorate (ED) has taken control of Rs 822 crore which was in possession of the erstwhile Satyam Computer, now a part of the Mahindra group, as the fallout from India’s largest corporate fraud edges towards a final denouement.

Narayana Murthy opposes SEZ policy

"I agree that we cannot take land from farmers", the chief mentor of Infosys Technologies said.

Baba Ramdev to Bollywood stage show of support for Anna Hazare

About 5,000 people swarmed to Jantar Mantar on Friday. While Baba Ramdev chimed in with speech, B'wood celebrities, lawyers & teachers pledged their support.

Tata Tele launches Rs 1,699 phone

Telecom service provider, Tata Teleservices on Thursday launched a Rs 1,699 single-chip ultra thin cell phone to help expand its customer base rapidly.

Don’t expect market to correct sharply as FII flows are strong: Manish Kumar, ICICI Prudential

Market may correct by another 3-5% in next few weeks. With money coming in, we do not expect a huge correction in the markets, says Manish Kumar.

Dell targetting SMB segment, unveils first ever brand campaign

Aggressively targetting the SMB segment, Dell unveiled its first ever brand campaign for India directed towards today's entrepreneurial owners of India's small and medium businesses (SMBs).

Airbus aims for $1 bn in annual revenue from India

Airbus rival Boeing in July estimated that India would need 911 commercial aircraft over the next 2 decades, putting the market's worth at more than $86 billion.

Shibulal's role unclear as Narayana Murthy starts work to turn the tide for Infosys

As the iconic co-founder begins work on turning the tide for Infosys, it's unclear how CEO Shibulal will be a part of that transformation.

Barclays to shut 3 branches in India, cut jobs: Report

major Barclays has decided to massively scale down its operations here by closing a third of its nine branches located in the non-metro areas.

How Nayantara Sood's shoe label 'Taramay' is changing the notion about Indian luxury brands

A luxury brand in Indian footwear is almost unheard of, but Nayantara Sood is determined to succeed with Taramay, her Indian shoe label.

Bloggers call content regulation a gag on freedom

Amended Indian IT Act which seeks legal position of intermediaries at the heart of controversy.

ET Awards 2012: PRS Oberoi gets the Lifetime Achievement award

“You can’t be successful at anything if you are not passionate about it. For some people, it is a 5 to 9 job. The others think about their work even when they aren’t at work.”

Indian engineers becoming backbone of Japan's IT industry

Indian system engineers are making their presence felt in Japan's IT industry. Around 22,000 Indians are living in Japan at the end of '08. Top 10 BPOs | MNC IT in India

Why Sennheiser Electronic is bringing production home from China

Sennheiser has leveraged the first mover advantage in headphones to gain a 30% market share in Europe. But the mkt has evolved quite a bit & headphones are now a lifestyle product.

Mobile chat apps a craze in India; challenges persist even as user base surges

From being a country of person-to-person texts, the country and its booming population of smartphone users, are becoming besotted with chat applications.

Given the double-edged sword social media has become, self-regulation by platforms is the best option

The real penetration of social media in India was seen recently, through the widespread and instantaneous dissemination of rumours and threats.

Why Captain Nair, chief of Leela Hotels, is so confident about his future

Right now, Captain Nair has an extraordinary problem: Rs 4,300-cr debt, profit-less quarters and ongoing negotiations with lenders.

Shashi Sinha's gameplan for making Interpublic’s IPG Mediabrands a force to reckon with

Ad man turned media man, Shashi Sinha faces his most challenging assignment yet as head of IPG Mediabrands. He speaks to Brand Equity about his gameplan for making Interpublic’s fledgling media supergroup a force to reckon with.

How to convert your internship into a full-time job offer

Landing internships is just the beginning of the battle. The real pay-off is to be able to convert the opportunity into a full-time job offer.

HAL ranked 45th among world's top 100 defence cos

Hindustan Aeronautics Limited has climbed six notches to reach the 45th position in the list of top 100 defence companies in the world.

Meet these early-stage investors under forty

Startup founders say they benefit from Anand's high energy and deep insight into products.His entrepreneur tag is seen as a big plus.

Cos line up to hire former Wipro Jt CEOs Girish Paranjpe & Suresh Vaswani

Headhunters across the country received calls from both Indian companies and multinationals asking if the two were 'available' for hire.

At 3.5 years,UPA's sheen is coming off

The good news for the UPA as it completes three and a half years in office is that the number of people who see its performance as "excellent" or "good" is still much more than those who rate it as "poor".

BJP, BJD,TDP expel errant MPs

Cracking the whip, the BJP today summarily expelled eight of its MPs who cross-voted or abstained during the trust vote.

Lalit Suri invests Rs 50 cr in Kingfisher Airlines

Hotelier Lalit Suri has uncorked an initial investment of Rs 50 crore in Kingfisher Airlines.

Diageo-United Spirits deal: Vijay Mallya’s failure in other ventures outside liquor business still a big puzzle

This (Mallya’s sale of majority stake in United Spirits) is a panic reaction to a desperate situation. This is not part of any planned strategy. Ramachandran said.

BJP slams UPA govt,says tax on petro products a revenue source

Criticising the Prime Minister and Finance Minister for the soaring inflation,BJP on Saturday slammed the UPA, saying huge tax structure on petroleum products has become a major source of revenue for the Central government.

IBM launches Project Big Green 2.0 in India

IBM announced the launch of the second phase of Project Big Green (PBG 2.0) in India.

Biocon among world's top 20 biotechnology companies

Cos have been ranked by revenue and by income and Biocon is the only Asian company to feature in this ranking at Number 20. Biz barons and their sports assets

Income tax return: File return by 31 July even if you don’t have details

You can always modify your return if you file it before the deadline and will not lose out on several benefits. You won't also forego some of your rights as a taxpayer.

Vernacular search engine launched

A new speciality vernacular search engine on India--Bhramara -- offering web search interfaces in Kannada and Hindi besides English, has been launched.

Infotech looks ahead to high growth, innovation

While 2010 was characterized by restructuring , consolidation, pragmatic learning and smart budgeting , 2011 will continue to build on that and move ahead, say industry experts.

Why Infosys, TCS, Wipro, Cognizant, HCL are not keen on buying BPO major Genpact

According to industry players, the $1.6-bn Genpact does not fit the bill for IT biggies as it comes with low-end voice work and will hit margins.

End-season sale lures shoppers back to malls and high streets

Indian shoppers are thronging malls and high streets once again, lured by the end-of-season discount sales, and bringing some relief to nervous retailers.

Big sponsors may have to recast marketing plans for 2009

The MHA is clear about prioritising poll deployment and has refused to spare the 25-30 companies sought by all the states together for IPL.

IT industry hit by shortage of projects from Europe and US

The top players of the $100 billion IT industry have developed an unhealthy bench strength and the bulge is expected to grow from next quarter.

ESPN snaps up Cricinfo

Walt Disney-owned sports broadcaster ESPN has acquired Cricinfo, the world’s largest cricket website, from the Wisden Group for an undisclosed sum.

Vi-Ga plans pan-India expansion with 50 stores by 2009-10

Footwear specialist Mahtani Fashion, which sells 'Vi-Ga' brand of shoes, is setting sight on a major expansion to have a pan-India presence as it plans to add 35 additional stores by 2009-10.

Football: Sachin Tendulkar, Sourav Ganguly foray into football, win Indian Super League bids

The bid winners for the eight franchises of the league, which is scheduled to be held in September-November, was announced here by organisers IMG-Reliance.

IIMs' new pick for jobs: IT companies

Guess who's dialling India's top tech firms? The Indian Institute of Managements (IIMs). Fear is the word at IIMs too | IIM-A ropes in Bollywood greats

Lok Sabha polls 2014: EC wants voters to pledge to vote 'ethically'

"The purpose of this voting day reminder system is to persuade young voters as well as the urban middle class," said director general of EC Akshay Rout.

Roadside Romeo makes it to animation Oscars' shortlist

Indian film industry has just bagged its first nomination at the prestigious Visual Effects Society (VES) awards, known as the Oscars of the animation and visual effects industry.

Budget 2009-10: Happy about shiksha, naukri & bluetooth

OMG the FM jst gave us a missed call... ’ That was a young twitterbug alerting his friends about what he saw as budgetary attention to Young India. Indeed , across campuses, the mood is of hope.

Free and high-quality apps for not so smartphones

Don't feel left out just because you don't have a smartphone. There are lots of free & high-quality, Java-based applications available for feature phones.

LS Polls 2014: After Muslims, Narendra Modi trying to woo 25 mn Christians

The process of softening his Hindutva poster-boy image gained momentum when Narendra Modi was declared BJP’s PM candidate in September 2013.

St crisis: Downsizing new talking point among techies

Top deck IT companies has already announced slackened hiring and layoffs could soon be the order of the day. Pink slips back at IT cos I How to retain your job

Indian market may not outperform global peers in short term: Brics Securities

"If the time horizon is three to six months, then perhaps we may not outperform the global market peers," says Vivek Mavani of Brics Securities.

iPad mania: Indian cos develop applications to rake in big moolah

After the iPhone, Indian application developers are eyeing the app frenzy that the iPad is going to get with it.

SIMI leadership was planning big

The SIMI leadership arrested in Madhya Pradesh on Thursday, including de facto chief Safdar Nagori, may have assembled in Indore to plot terror strikes in prominent cities.

How to convert villages into BPO hubs

This can be done by creating rural knowledge centres.

TCS signals slowdown; brokerages remain unfazed, retain rating

Analysts at top brokerage firms are of the view that revenue growth will be seasonally low in upcoming quarter, but overall trends look positive.

Jaganmohan Reddy: Understanding his tale of dynasty and megabucks

CBI’s investigations show that it was during 2004-08 that Jagan emerged a larger-than-life operator.

NDS to open new centre in Delhi

Digital broadcast solutions provider NDS on Monday said it is planning to open an office in the city for supporting its growing customer base.

Yahoo is moving faster, it had got a little stale

Carol Bartz, 61, and CEO of Yahoo, is perhaps handling the toughest assignment of her career.

Now, Sobha, HDIL to go the QIP way

HDIL is planning to raise around Rs 2,000 crore and Sobha Developers Rs 1,000 crore through QIPs.

South African team arrives in Chennai

The South African team arrived this morning for its first Test match against India beginning on March 26.

KKR, Diageo may buy USL stake

Kohlberg Kravis Roberts (KKR) and Diageo likely to acquire 10% & 14.99%, respectively, in Mallya firm.

Women on board encourage more women to join corporate ranks

The more women on a co's board, the more women are likely to be in the company's senior management. Corporate wardrobe I Office romances

PC software piracy in India touches $2.7 bn

Software piracy level in the personal computer segment in India showed just 1% drop for 2008 standing at 68% against 69% in 2007, according to a Global Software Piracy study conducted by Business Software Alliance (BSA) and IDC.

EVMs with in-built timers to prevent fraud during polls

But, despite having lots of data, regulators of the most important democratic exercise couldn't do much about manipulations. Reason: Unlike in a trade, there is no time stamp on your vote.

Mr Shivraj Patil, go home!

These are our brothers who have gone astray. We have a duty to bring them back to the family fold: Union Home Minister in the Lok Sabha.

Country picks its unknown soldier as Indian of the Year

This year, the votes for selecting Indian of the Year were overwhelmingly for the Indian soldier and for slain Maharashtra ATS chief Hemant Karkare, while the fimstars and sport personalities were left way behind.

Amritsar, Mumbai looks like on Obama's India schedule

President Obama's upcoming November visit to India might lack a silken touch given the wrinkles currently bedeviling US-India relations, but it could well have the Golden touch.

Indian wealth management space to see robust hiring

Notwithstanding recessionary fears, the wealth management space in India is likely to see robust hiring this year as the sector is expected to witness a strong growth momentum, thanks to the increasing confidence level among investors.

ReGen Powertech raises Rs 52 crore from PEs for expansion

ReGen Powertech has raised Rs 52 crore from two marquee PE firms, as it looks to upgrade the capacity at its manufacturing plant in Udaipur.

Fujitsu launches range of notebook PCs in Indian market

Fujitsu PC Asia Pacific on Tuesday launched a new range of Made-in-Japan notebook PCs in India, including one that weighs only 630 gms, and an A4 sized one.

Blue Star completes acquisition of Naseer Electricals

Central airconditioning and commercial refrigeration major Blue Star Limited has completed strategic acquisition of Naseer Electricals Private Limited.

Future to acquire ad agency Dhar & Hoon

The Future Group will soon acquire a 60% controlling stake in creative boutique Dhar & Hoon. An agreement is likely to be signed next week.

PNB charts growth plans overseas with JSC Bank buy

The country’s second-largest public sector lender, Punjab National Bank (PNB), has charted plans for inorganic expansion in the central Asian country of Kazakhstan, with the decision to acquire a 64% stake in JSC Dana Bank for $24 million by 2010.

How Devendra Jain made a fortune from reviving sick firms

Devendra Jain made Rs 1 crore last year, helping bankrupt companies to get back on their feet.

Satya Nadella, India-born insider, named new Microsoft CEO; Bill Gates steps down

Microsoft also announced that John Thompson, lead independent director, will succeed Gates as chairman.

Rail Budget 2012-13: List of new trains announced

Here is a list of new Express Trains, Passenger Trains, MEMU, DEMU, Extension of run and increase in frequency of trains:

MNCs struggle to run captive India centres

Over 60% captive centres in India are struggling, says analyst firm Forrester Research. It adds that in the 2009 time frame, diminished reliance on the captive strategy would accelerate the third-party market for services, especially product development.

Notion Ink's Adam Tablet sold out

Rohan Shravan and his Adam tablet PC have once again brought on something of an online delirium amongst gadget freaks and technophiles around the world.

Airline staff ready to switch sectors without jump in salary; look to tourism, BPO for openings

Employees with various airlines are making a dash for the exit with Kingfisher Airlines in trouble and job prospects in the sector looking bleak.

Sodexo set to gobble up RKHS in Rs 520-cr deal

French food services giant Sodexo is acquiring Radhakrishna Hospitality Services Group (RKHS), India’s pioneer in the food and facilities management sector, in a transaction valued at over $100 million, or roughly Rs 520 crore.

Lisa Srao's I Brands making a mark in India's $9-billion male-dominated liquor business

With erstwhile liquor barons fading into the sunset, the stage may well be set for emerging baroness Lisa Srao.

IT moguls don editorial roles

What does Murthy find in common between running a $2-bn corporate entity and editing a business paper?

Retail & office rentals witnessing a sharp drop

Current market stats reveal that there has been a drop in both retail and office rental values in the last two months which varies from 25% to 50%. Guide to property sale

Other useful Links

Follow us on

Download et app

Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service