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  • Jagdish Thakkar and Modi’s style

    30 June, 2014 6:32 AM 12

    Have you heard of Jagdish Thakkar? Chances are you have not. He is the public relations officer to none other than the Prime Minister Narendra Modi’s office. Thakkar was in the same position in Gujarat when Modi was the chief minister. If memory serves me right, he held the position even under Keshubhai Patel, the chief minister of Gujarat who preceded

  • Rubble in India Is Combed, and Builders Arrested

    30 June, 2014 6:30 AM 9

    Rescue workers conduct a search operation for survivors at the site of a collapsed 11-storey building that was under construction on the outskirts of Chennai June 28, 2014. Rescuers digging through the rubble of a 12-story building that collapsed Saturday in heavy rains in the southern city of Chennai had by Sunday evening recovered the bodies of 11 people

  • Sensex, Nifty remain strong; BoB, IDFC, PNB surge 4%

    30 June, 2014 6:30 AM 7

    In an attempt to curb speculative trading, the Bombay Stock Exchange has moved 300 stocks to the trade-to-trade or "T" segment with effect from today. Scrips including BEML, Edelweiss Financial Services, GATI, Motilal Oswal Financial Services, Punj Lloyd, Sterlite Technologies and Suzlon Energy have been shifted to T segment. In 'trade-to-trade' segment

  • Dr Reddy's Gains as Worries About Spending Ease

    30 June, 2014 6:29 AM 6

    Shares of Dr. Reddy's Laboratories rise, adding to Friday's 1.8 per cent gain, after the drugmaker's annual report last week provided key details about spending on building capacity, raising hopes that expenses would reduce after FY16, dealers say. Dr. Reddy's said in its annual report filed with the US Securities and Exchange Commission that the company

  • Global M&A at seven-year high as big corporate deals return

    30 June, 2014 6:26 AM 14

    Investor support for large acquisitions and a desire to trump rivals in consolidating markets have led chief executives to strike big transactions so far in 2014, raising year-to-date global deal volumes to their highest level in seven years. Corporate buyers did not shy away from going hostile if their targets proved unwilling to sell, while more US companies

  • Prabhat Awasthi positive on banking space

    30 June, 2014 6:26 AM 7

    Prabhat Awasthi, Head of Equity & MD, India of Nomura Financial Advisory told CNBC-TV18, "We have been generally bullish on banking. The first phase we were more positive on private banks but we have added PSU banks to that list. If the government of the day is decisive and does move on reforms then the NPA issues which have been dodging the public sector

  • LG F70 With 4G LTE Connectivity Listed on Company Site for Rs. 19,500

    30 June, 2014 6:24 AM 15

    Announced in February this year during Mobile World Congress 2014, the LG F70 is now officially listed on the company's India website for a price tag of Rs. 19,500. The availability details of the handset are not clear though. The Android 4.4 KitKat-based LG F70 comes with a 4.5-inch WVGA (480x800 pixels) IPS display and offers a pixel density of 207ppi. The LG F70 is powered

  • State of industry: Revenue growth to remain slow in FY15

    30 June, 2014 6:20 AM 11

    The real estate sector has been hit hard during the economic downturn that set in a couple of years ago. Weak economic growth, coupled with high interest rates and high property prices, combined to slow down revenues for the sector as a whole, with the capital-intensive nature of the business and high debt further adding to the problem. Here is how CRISIL

  • Infosys Sees Another Top-Level Executive Exit

    30 June, 2014 6:18 AM 5

    Infosys in response to a query by PTI said: "We can confirm that he has moved on to pursue his aspirations". "We have identified a leader to take on his responsibilities," it added. This is the 13th senior level exit from the country's second largest software services company in the past one year since N R Narayana Murthy returned from retirement as Executive

  • Chennai Building Collapse: Woman Rescued After 39 Hours, 17 Dead

    30 June, 2014 6:11 AM 5

    A senior cop told NDTV, "Clearing the debris is a huge challenge. This would take almost two to three days and we hope to save many lives." Rescuers could hear feeble voices in the debris, said TS Sridhar, commissioner of the disaster management agency, the NDRF. On Sunday evening, Tamil Nadu Chief Minister J Jayalalithaa said there were 72 construction