Breaking news, views, reviews, cricket from across India

  • Dilip Buildcon executes concession pact with NHAI
    on July 16, 2018 at 12:26 pm

    Dilip Buildcon Ltd (DBL) today announced that its wholly-owned arm has executed a concession pact with the National Highway Authority of India for a road project in Karnataka."DBL Bellary Byrapura Highways Pvt Ltd, wholly-owned subsidiary of Dilip Buildcon Ltd has executed the concession agreement with National Highways Authority of India...on July 16, 2018," the company said in a filing to BSE.The project entails four-laning of a highway project in Karnataka on hybrid annuity mode under […]

  • Sterlite asks staff to report at office quarters
    on July 16, 2018 at 12:19 pm

    The management of Sterlite Copper plant in Tamil Nadu has invited its employees to discuss the next course of action in the wake of closure of the unit after violent protests in May, company sources said today.Around 900 employees who were staying in Tuticorin district, where the plant is located, had left for their hometowns and other places following the closure of the unit by the state government, they said.The Vedanta group unit was ordered to shut down after the protest by locals against […]

  • Beginning to nibble into corrected midcaps: Jonathan Schiessl
    on July 16, 2018 at 12:07 pm

    There are plenty of midcaps that are down 40-50-60% in a very short period of time and one can look there if willing to wait for a longer term, Jonathan Schiessl, CIO, Ashburton Investments, tells ET Now.Edited excerpts:In general, the view with some of the emerging market capital allocators is that emerging markets will be in a spot of bother. It is time to say goodbye or reduce our exposure to emerging market assets. India will outperform but will also feel the pain of emerging markets. Do […]

  • Find 100-150 wealth creators for next 5-7 years: Pankaj Tibrewal
    on July 16, 2018 at 11:03 am

    We have started advising investors to use the correction in mid and smallcaps as an opportunity with a 3-4-year view in mind and to start investing in SIPs or STPs, Pankaj Tibrewal, Equity Portfolio Manager & Senior VP, Kotak Mutual Fund, tells ET Now.Edited excerpts: I want to talk about the midcap mania. The way the broader end of the market has fared vis-à-vis the frontliners, has sent investors in a tizzy. There has been a significant amount of underperformance. Do you see this […]

  • Railways improves on-time performance in July
    on July 16, 2018 at 10:21 am

    Indian Railways has improved the on time performance of its trains in July. The punctuality score of the national transporter has increased from low levels of around 60 per cent (between April and June) to 70 per cent in first two weeks of July.Konkan railway has shown maximum improvement as 94 per cent of the trains are running on time in the zone. North Western Railway and Northern Frontier railway have also posted punctuality figures of around 90 per cent . Out of 17 rail zones across the […]

  • Pak's army yet again takes on the wrong fight
    on July 16, 2018 at 9:48 am

    By Mihir SharmaNawaz Sharif -- dodgy businessman, convicted criminal, and thrice prime minister of Pakistan -- showed on Friday, in his triumphant return to Pakistan, that he remains by far the country’s most popular politician. Infuriatingly, he also represents Pakistan’s best chance at becoming a “normal” country anytime soon. As he fights what looks very much like an attempt by the military to decide the next election, the rest of us should hope he succeeds.True, […]

  • Popcorn could soon hit multiplex biz hard
    on July 16, 2018 at 8:14 am

    NEW DELHI: Popcorn may be a humble snack for movie goers but for India's multiplex industry it is the diet on which its revenue gets the much-needed bump even when movies don't fire the bottom line. Food and beverage (F&B) segment has been a high earner at nearly 25% for multiplexes, and that's why allowing food from outside can dim the prospects for this growing sector. A few months ago, the Bombay High Court had ruled that food items and bottled water be sold at regular prices inside […]

  • Ghosts of past loans coming back to haunt state governments
    on July 16, 2018 at 6:15 am

    By Anirban NagIndian states raked up debt to fund widening deficits. They may now have to borrow more to meet repayment commitments, a report from the central bank showed.Redemption pressure on states, which normally issue plain vanilla bonds with 10-year maturity, increased from the year ended March 2018, according to the Reserve Bank of India’s Study of State Finances. That implies that their borrowings are expected to soar.The maturity profile of states’ debt indicates near to […]

  • It’s a steep climb for Infosys to keep in step with TCS
    on July 16, 2018 at 2:49 am

    BENGALURU | MUMBAI: Tata Consultancy Services’ (TCS) has set an uphill task for its smaller rival Infosys to play catch up in an environment where there is a revival of large outsourcing deals from the banking and financial services industry, the biggest contributor to Indian companies and the US, its main market.Infosys saw business from banking clients dip 0.2% over the previous quarter compared to TCS, which saw 3.7% growth in the business during the same period.TCS is seeing revenue […]

  • World Youth Skill Day: Here are skills that can help you at your workplace
    on July 15, 2018 at 6:41 am

    As as been rightly said, "Nothing lasts forever", especially at the workplace. To stay relevant in the industry and at the workplace, upgrade to skills which are newer and designed for modern business.Employers look for people who are ready to adapt to new technology and can do the work with an eye for what they might do in the near future. Some of the skills have always been in demand, you just need to upskill in that.Here's how to go about it:Communication skills: In most discussions of HR […]

  • Former finance minister Yashwant Sinha quits BJP, says democracy in danger
    on April 21, 2018 at 8:06 am

    Former Union Minister Yashwant Sinha, who has been at loggerheads with the party leadership in recent years, announced on Saturday that he is quitting BJP. "Today I am taking 'sanyas' from any kind of party politics, today I am ending all ties with the BJP," Sinha while addressing the first meeting of Rashtra Manch, founded by him.Sinha said democratic institutions were being undermined under the NDA regime and vowed to work for the protection of democracy in the country. He said that though he […]

  • MahaRERA slaps penalty on 8 Mumbai Builders for violation of rules
    on March 13, 2018 at 5:28 pm

    MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has slapped penalty of Rs 2 lakh to Rs 10 lakh on 8 builders in Mumbai for advertising real estate project without mentioning the authority’s website address and advertising a non-registered project. MahaRERA has taken this action on Suo-Motu basis.Of the 8 realty developers, builder Tridhatu Morya has been fined Rs 10 lakh for advertising a non-registered project. Rest of the 7 builders including Sumit Group, The Wadhwa […]

  • Meet the Amit Shah of China: How a professor-turned-politician powers Xi Jinping
    on March 12, 2018 at 9:02 am

    Now that a constitutional amendment abolishes presidential term limits, it has become possible for China's president Xi Jinping to rule as long as he lives. China's shift from a collective rule indicates how it prizes Xi who has articulated the ambition of China becoming the world leader by displacing the US. Xi has turned China from an inward nation to a country focused on winning the world. Behind Xi's ideological offensive is brainy professor-turned-politician Wang Huning who has guided two […]