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SPJ Press Notes
Reporter covering fire evacuates
L.A. Times writer Catherine Saillant on covering California wildfires while simultaneously evacuating her home.
May 4 Saturday - http://rss.cnn.com/~r/rss/cnn_topstories/~3/42a1ujYKZyw/
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via dzone.com
I’m still here: back online after a year without the internet
I'd read enough blog posts and magazine articles and books about how the internet makes us lonely, or stupid, or lonely and stupid, that I'd begun to believe them.
May 5 Sunday - http://www.dzone.com/links/r/im_still_here_back_online_after_a_year_without_th.html
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BBC News
World’s first 3D-printer gun fired
The world’s first gun made using a 3D printer is successfully tested in the US by a group planning to make the blueprints available online.
May 5 Sunday - http://www.bbc.co.uk/news/science-environment-22421185
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BIZPAC Review
Rear admiral wont back down from ‘Constitutional right’ to share faith
Rear Adm. William D. Lee In the wake of last week’s shocking news that the Pentagon is threatening to punish those who share their religious beliefs with others, the courageous comments of a high ranking official in the U.S. Navy have largely gone unreported in the media. At a National Day of Prayer event Thursday on Capitol Hill, as first ...
May 5 Sunday - http://www.bizpacreview.com/2013/05/05/rear-admiral-wont-back-down-from-constitutional-right-to-share-faith-66682
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Media ReDEFined by jason hirschhorn
Billboard Shows Different Messages for Kids and Adults
A billboard in Spain created by an organization dedicated to aiding abused children shows a different message to children and adults, even if both see the ad at the same time. The feat is achieved by use of lenticular printing, which allows different images to be seen depending on the vantage ...
May 6 Monday - http://feedproxy.google.com/~r/Mashable/~3/uxJAw3nzAEg/
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Mashable
Billboard Shows Different Messages for Kids and Adults
A billboard in Spain created by an organization dedicated to aiding abused children shows a different message to children and adults, even if both see the ad at the same time. The feat is achieved by use of lenticular printing, which allows different images to be seen depending on the vantage point. In this case, if the billboard is seen ...
May 6 Monday - http://mashable.com/2013/05/06/billboard-message-children-lenticular/
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Business Today|
Aashiqui 2 emerges first super hit of 2013
Aashiqui 2, the Aditya Roy Kapur- and Shraddha Kapoor-starrer, has emerged as the first super hit of 2013 as it continues to rake in big moolah at the box office.
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Philly.com Business
Comcast's Krone-y Capitalism
A Comcast honcho got a huge payday for becoming top aide to Senate Majority Leader Harry Reid. We smell a rat.
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Philly.com Business
Top High School Average SAT Scores
We've complied a list of the top 10 average SAT scores from public high schools in the eight-county Philadelphia region.
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Philly.com Business
Sallie Mae keeps bugging him
Despite an agreement, the student-loan corporation wants to collect on a loan.
9016
Philly.com Business
Duke & Winston: Britain meets Philly in casual clothing line
Sean Olubodun wants his stuff to be in 150 stores by the end of 2014.
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Philly.com Business
Bankruptcies
Pennsylvania James E. Fitt, also known as Freely I Give, also known as What We Give; and Ellen L. Fitt, also known as What We Give L.L.C., also known as Kingdom Investments L.L.C., also known as Ellen Warlow, also known as Kingdom Purpose L.L.C., also known as K&F Investments L.L.C., 3941 Glendale Rd., Huntingdon Valley; Chapter 7; no schedules available.
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Philly.com Business
PhillyInc: Phila. well-positioned to foster education tech start-ups
With its top-flight medical schools, hospitals, and pharmaceutical industry, Philadelphia has long been fertile ground for health information technology start-ups.
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Philly.com Business
Insider Transactions
Securities trades recently reported to the Securities and Exchange Commission by officers, directors and principal shareholders of corporations based or having sizable employment in the Philadelphia area. Titles are as reported to the SEC.
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Philly.com Business
Fishtown entrepreneur thanks her community
For jewelry artisan Sarah Lewis, this month is a time for celebration. Celebration, yes. Easy breathing, no.
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Philly.com Business
OSHA launches inspection of PHL work conditions
A series of complaints filed last week set off an OSHA investigation.
9016
Philly.com Business
Philly airport workers allege unsafe work setting
Wheelchair attendants at Philadelphia International Airport are alleging that defective equipment, lack of training and exposure to bodily fluids have led to unsafe working conditions.
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Philly.com Business
Tesla to add King of Prussia Mall store
Clothing, furniture vendors also on track, says owner Simon ...
9016
Philly.com Business
Qatar Airways plans Philadelphia expansion
The head of fast-growing Qatar Airways says it plans to add Philadelphia to its routes next year as part of alliances with American Airlines and other U.S.-based carriers.
9016
Philly.com Business
Suit filed over stent seen as unnecessary
A patient who was told by Pennsylvania Hospital that her cardiologist may have placed an unnecessary stent has filed a malpractice suit against the doctor, the hospital, and the University of Pennsylvania Health System.
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Philly.com Business
People in the News
The University of the Sciences has hired James Waldon director of public safety. He was director of police and safety at Gannon University and a county detective for the Essex County Prosecutor's Office, Newark.
9016
Philly.com Business
On the Boards
Cheryl L. Young has been named to the board of the Wissahickon Valley Watershed Association, a nonprofit environmental group. She is a shareholder at Hangley Aronchick Segal Pudlin & Schiller, Philadelphia.
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Philly.com Business
Diane Mastrull: Heir to photo-development legacy goes digital
In even the most functional family, there can be a painful something that triggers a strong emotional response, despite the passage of time.
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Philly.com Business
Sequestration probably the dumbest way to cut the budget
In Washington, no publicly visible pain is the way to budget gain. "If a tree falls in a forest and no one is around to hear it, does it make a sound?" That familiar philosophical question has been rewritten by the recent reaction to the Federal Aviation Administration's decision to furlough air-traffic controllers in order to fulfill the sequestration budget ...
9016
Philly.com Business
Joseph W. Mahoney Jr., 58, executive vice president of Greater Philadelphia Chamber of Commerce
A man greatly respected for his passionate commitment to the region and his high integrity ...
9016
Philly.com Business
Popular Cherry Hill restaurant to close after 30 years
When Andreotti's Viennese Cafe opened in Cherry Hill in 1983, Marianne Andreotti would deliver her restaurant's seven-cheese spread to people sitting outside in their cars, waiting for a table.
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Philly.com Business
On the House: Many homeowners regret their choice
There have been times, in the 31 years I have owned houses, that I've suffered from what could be characterized as buyer's remorse.
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Philly.com Business
To join EU, Croatia may give up its wine
Does Croatia's Prosek jeopardize Italy's Prosecco?
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Philly.com Business
Are you a tax cheat if you shop online tax-free?
Buy anything on the Internet lately without paying sales tax? In all but a few states, you're probably a tax cheat.
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Philly.com Business
For gaming chair, wide range of criteria for second Phila. casino
You can excuse William Ryan Jr., a well-known former prosecutor from Delaware County, for not paying much attention to the competition in 2006 for the city's first two casino licenses.
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Philly.com Business
Debating economic impact of Marcellus Shale in Pa.
Since the Marcellus Shale boom began in 2008, there has been much debate and disagreement over the effect natural gas development would have on Pennsylvania's economy.
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Philly.com Business
Sequestration probably the dumbest way to cut the budget
In Washington, no publicly visible pain is the way to budget gain. "If a tree falls in a forest and no one is around to hear it, does it make a sound?" That familiar philosophical question has been rewritten by the recent reaction to the Federal Aviation Administration's decision to furlough air-traffic controllers in order to fulfill the sequestration budget ...
9009
Philly.com Business
Humana seeks integrated care
Bruce Broussard President and CEO, Humana Inc. Managed health-care company and insurer in Louisville, Ky. Age: 50 Tenure: CEO since Jan. 1, president since Dec. 1, 2011.
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Philly.com Business
Jeff Gelles: Her ex is dead, but her credit-card bill lives
Imagine going to a restaurant, enjoying a modest meal, and dutifully paying your bill, while across the way other diners seem oddly carefree about their tab. You don't think much of it - why should you? - until one day you get stuck with their bill, too, and a lot more like it.
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Philly.com Business
Toys R Us appeals $20M award in Mass. slide death
On a warm summer day in July 2006, Robin Aleo climbed to the top of a 6-foot inflatable pool slide and slid down head first. As she neared the bottom, the slide partially collapsed and Aleo slammed her head on the concrete pool deck, causing fatal injuries.
8998
Philly.com Business
Jeweler, Costco face off in NY over Tiffany rings
A federal judge in New York has asked big-box wholesaler Costco and little-blue-box jeweler Tiffany & Co. to try to settle a multimillion-dollar trademark dispute.
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Philly.com Business
Solar plane lands in Ariz., 1st leg of major trip
Flying for several hours after sundown, a solar-powered airplane landed in Phoenix early Saturday morning on the first leg of a cross-country trip.
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Philly.com Business
Berkshire Hathaway's earnings jump 51 percent
Berkshire Hathaway's first-quarter profit jumped 51 percent as its insurance companies performed well and the value of its investments soared.
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Philly.com Business
Warren Buffett says economy still improving slowly
Investor Warren Buffett believes that the economy and the U.S. job market will continue to improve, but slowly.
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Wired Science
Wired Space Photo of the Day: Stunning Supernova
These delicate wisps of gas make up an object known as SNR B0519-69.0, or SNR 0519 for short. The thin, blood-red shells are actually the remnants from when an unstable progenitor star exploded violently as a supernova around 600 years ...
May 6 Monday - http://www.wired.com/wiredscience/2013/05/wired-space-photo-of-the-day-stunning-supernova/
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Wired
Wired Space Photo of the Day: Blowing Bubbles in Trapezium
This glowing region reveals arcs and bubbles formed when stellar winds - streams of charged particles ejected by the Trapezium stars - collide with material.
May 5 Sunday - http://www.wired.com/wiredscience/2013/05/wired-space-photo-of-the-day-blowing-bubbles-in-trapezium/
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Wired
Wired Space Photo of the Day: Moon Shadow Over Neptune
In 2009, amateur image processor (and philosophy professor) Ted Stryk discovered something no one had recognized before -- images that show the shadow of Despina in transit across Neptune's blue cloud tops. His composite view of Despina and its shadow is composed of four archival frames taken on 24 August 1989, separated by nine minutes. Despina itself has been artificially ...
May 4 Saturday - http://www.wired.com/wiredscience/2013/05/wired-space-photo-of-the-day-moon-shadow-over-neptune/
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Forbes.com
Meet The 'Liberator': Test-Firing The World's First Fully 3D-Printed Gun
“Alright. One…two ...
May 5 Sunday - http://www.forbes.com/sites/andygreenberg/2013/05/05/meet-the-liberator-test-firing-the-worlds-first-fully-3d-printed-gun/
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Forbes.com
Meet The 'Liberator': Test-Firing The World's First Fully 3D-Printed Gun
“Alright. One…two ...
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BIZPAC Review
Michelle Obama: Every single kid fears dying from guns every single day
Photo Credit: The Guardian First lady Michelle Obama said school-aged children in Chicago live in daily fear of dying or being killed by gun violence, so lawmakers have an “obligation to these kids” to continue pushing for gun control. The first lady will appear tomorrow in an interview on “CBS Sunday Morning,” the Hill reported. In the interview, she recalled ...
May 4 Saturday - http://www.bizpacreview.com/2013/05/04/michelle-obama-every-single-kid-fears-dying-from-guns-every-single-day-66597
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Alltop
Madeleine Albright confronted on Bilderberg & New World Order Crimes
We Are Change The post Madeleine Albright confronted on Bilderberg & New World Order Crimes appeared first on We Are Change.
May 5 Sunday - http://feedproxy.google.com/%7Er/wrc/%7E3/PKtx03O8A1I/
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Business Standard
RIL surpasses ITC to reclaim third most-valued co status
Reliance Industries Ltd (RIL) today overtook FMCG major ITC to become the country's third most-valued company after TCS and ONGC.
May 6 Monday - http://www.business-standard.com/india/news/ril-surpasses-itc-to-reclaim-third-most-valued-co-status/232428/on
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Business Standard
Oilmeals exports slump by 51% in April: SEA
Oilmeals exports from the country dropped significantly by 51 per cent to 1,99,168 tonnes in April as supply was less due to lower crushing, industry body SEA said today.
May 6 Monday - http://www.business-standard.com/india/news/oilmeals-exports-slump-by-51-in-april-sea/232090/on
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Business Standard
Our industry is unnecessarily too competent: Milind Barve
At a time when more than half of the market share in India's mutual fund industry is controlled by the top five players, smaller fund houses are finding the going tough.
May 6 Monday - http://www.business-standard.com/india/news/our-industry-is-unnecessarily-too-competent-milind-barve/232095/on
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Business Standard
Markets extend gains, Metal shares shine
Benchmark indices have extended the gains, amid a volatile trading session, led by buying among software shares and index heavyweight Reliance Inds.
May 6 Monday - http://www.business-standard.com/india/news/markets-extend-gains-metal-shares-shine/232083/on
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Business Standard
MTNL soars on heavy volumes on revival hopes
Mahanagar Telephone Nigam Limited (MTNL) has soared 15% to Rs 23.30 on back of heavy volumes on revival hopes.
May 6 Monday - http://www.business-standard.com/india/news/mtnl-soarsheavy-volumesrevival-hopes/232054/on
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Business Standard
Chana sheds 0.57% on subdued demand, increased supply
Chana prices lost 0.57 per cent to Rs 3,490 per quintal in futures trading today as speculators reduced their positions, triggered by a weak spot market demand against rising supplies of new crop.
May 6 Monday - http://www.business-standard.com/india/news/chana-sheds-057subdued-demand-increased-supply/232055/on
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Business Standard
Zinc up 0.6% on overseas cues, spot demand
Tracking a firming trend overseas and rising domestic demand, zinc futures prices today edged up by 0.60 per cent to Rs 101.35 per kg as speculators enlarged positions.
May 6 Monday - http://www.business-standard.com/india/news/zinc06overseas-cues-spot-demand/232056/on
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Business Standard
Delay in Food Bill immoral, Sen
Nobel Laureate Amartya Sen has called the paralysis in the functioning of Parliament leading to delay in passing of the Food Security Bill as immoral.
May 6 Monday - http://www.business-standard.com/india/news/delay-in-food-bill-immoral-sen/232052/on
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Business Standard
Chilli down 2% on weak demand, large stocks
Chilli prices fell by Rs 132 to Rs 5,900 per quintal in futures trade today, following on speculators buying driven by falling spot market demand amid reports of higher output.
May 6 Monday - http://www.business-standard.com/india/news/chilli-down-2weak-demand-large-stocks/232047/on
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Business Standard
Gold futures rise 0.5% on global cues
Gold image via ShutterstockBuoyed by a firm global trend, gold prices rose by Rs 142 to Rs 29,104 per 10 grams in futures trade today as speculators enlarged their positions.
May 6 Monday - http://www.business-standard.com/india/news/gold-futures-rise-05global-cues/232041/on
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Business Standard
Copper gains 0.33% on spot demand, global cues
Copper prices gained 0.33 per cent to Rs 395.85 per kg in futures trade today as speculators created fresh positions driven by a rise in demand in the spot market amid a firm global trend.
May 6 Monday - http://www.business-standard.com/india/news/copper-gains-033spot-demand-global-cues/232031/on
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Business Standard
Nickel up 1% on strong global cues
Nickel prices moved up by 0.99 per cent to Rs 829.50 per kg in futures trade today as speculators enlarged their positions on the back of pick up in demand in the spot market on firming global trend.
May 6 Monday - http://www.business-standard.com/india/news/nickel1strong-global-cues/232033/on
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Business Standard
Indian public cloud services market to reach $443 mn in 2013
The public cloud services market in India is expected to grow 36% in 2013 to total $443 million, up from $326 million in 2012, according to Gartner.
May 6 Monday - http://www.business-standard.com/india/news/indian-public-cloud-services-market-to-reach-443-mn-in-2013/232022/on
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Business Standard
Markets pare gains; Financials lead drop
Markets pared gains in afternoon session this Monday back of profit-booking in rate sensitive sectors such as banks, real-estate after the central bank’s hawkish stance in monetary policy.
May 6 Monday - http://www.business-standard.com/india/news/markets-pare-gains-financials-lead-drop/231974/on
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Business Standard
SPARC dips as FDA rejects Levetiracetam NDA
Sun Pharma Advanced Research Company (SPARC) is trading lower by 4% to Rs 124 after the company announced that the US Food and Drug Administration (FDA) rejected New Drug Application (NDA) for Levetiracetam extended-release tablets.
May 6 Monday - http://www.business-standard.com/india/news/sparc-dips-as-fda-rejects-levetiracetam-nda/231976/on
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Business Standard
Govt aims to bring down CAD to 2.5% by 12th Plan-end: Montek
The government aims to bring down current account deficit (CAD) to about 2.5 per cent of the GDP by March 2017, Planning Commission Deputy Chairman Montek Singh Ahluwalia said today.
May 6 Monday - http://www.business-standard.com/india/news/govt-aims-to-bring-down-cad-to-25-by-12th-plan-end-montek/231967/on
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Business Standard
NEWSALERT: Parliament adjourned till 2 pm
The Parliament has been adjourned till 2 pm as BJP stalled proceedings, demanding resignation of Prime Minister Manmohan Singh.
May 6 Monday - http://www.business-standard.com/india/news/newsalert-parliament-adjourned-till-2-pm/231968/on
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Business Standard
Antony to commission MIG-29 K fighter planes into Navy
Union Defence Minister A K Antony will commission MIG-29 K fighter planes into the Indian Navy on May 11 in Goa.
May 6 Monday - http://www.business-standard.com/india/news/antony-to-commission-mig-29-k-fighter-planes-into-navy/231948/on
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Business Standard
Operation Red Spider 2: Modus operandi, allegations and targets
Online media firm Cobrapost.
May 6 Monday - http://www.business-standard.com/india/news/operation-red-spider-2-modus-operandi-allegationstargets/232108/on
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Business Standard
Lead gains about 0.7% firm domestic demand, global cues
Lead gained 0.77 per cent to Rs 110.95 per kg in futures trade today, after speculators enlarged positions amid rising domestic demand and a firming trend overseas.
May 6 Monday - http://www.business-standard.com/india/news/lead-gains-about-07-firm-domestic-demand-global-cues/232115/on
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Business Standard
India, China agree to restore status quo along LAC
After their troops remained in "face-to-face" situation for nearly three weeks, India and China have agreed to restore status quo along Line of Actual Control (LAC) in Western Sector as it existed prior to April 15, when Chinese intruded into Indian territory there.
May 6 Monday - http://www.business-standard.com/india/news/india-china-agree-to-restore-status-quo-along-lac/232116/on
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Business Standard
Crude oil firms up on overseas cues
Crude oil futures prices rose by over 1 per cent to Rs 5,195 per barrel today as speculators engaged in creating positions, driven by a firming trend in Asia after strong US jobs report.
May 6 Monday - http://www.business-standard.com/india/news/crude-oil-firms-upoverseas-cues/231977/on
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Business Standard
Subbarao says no housing bubble building up
There is no housing price bubble building up in India, Reserve Bank of India Governor Duvvuri Subbarao said on Monday in a post-policy conference call with analysts.
May 6 Monday - http://www.business-standard.com/india/news/subbarao-says-no-housing-bubble-building-up/232126/on
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Business Standard
Markets end higher amid volatile trading session
Benchmark indices ended higher, amid a volatile trading session, led by buying among software shares and index heavyweight Reliance Inds.
May 6 Monday - http://www.business-standard.com/india/news/markets-end-higher-amid-volatile-trading-session/232151/on
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Business Standard
Turmeric tumbles over 3% on supply pressure
Turmeric prices declined by 3.33 per cent to Rs 6,220 per quintal in futures trade today as speculators trimmed their positions, triggered by increased supplies from the new season crop in the spot marketsBesides, subdued overseas demand also weighed on the turmeric prices.
May 6 Monday - http://www.business-standard.com/india/news/turmeric-tumbles-over-3supply-pressure/231996/on
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Business Standard
Jeera down 0.7% on profit-booking
Amid profit-booking by speculators, jeera prices fell by 0.69 per cent to Rs 12,970 per quintal in futures market today.
May 6 Monday - http://www.business-standard.com/india/news/jeera-down-07profit-booking/231967/on
5457
Business Standard
Markets end higher led by index heavyweights
Benchmark indices ended higher, amid a volatile trading session, led by buying among software shares and index heavyweight Reliance Inds.
May 6 Monday - http://www.business-standard.com/india/news/markets-end-higher-led-by-index-heavyweights/232184/on
5457
Business Standard
Coriander slips over 3% on mounting supplies
Coriander prices plummeted by Rs 206 to Rs 6,488 per quintal in futures trading today as speculators reduced positions following adequate stocks in the spot market and fall in export.
May 6 Monday - http://www.business-standard.com/india/news/coriander-slips-over-3mounting-supplies/232186/on
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Business Standard
Bihar opens highest number of wheat procurement centres
After paddy, Bihar has again set an ambitious target to procure wheat from its farmers for the central pool.
May 6 Monday - http://www.business-standard.com/india/news/bihar-opens-highest-numberwheat-procurement-centres/515251/
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Business Standard
Markets turn flat; Metal, IT majors gain
After the early gains in morning deals, markets moved sideways with the Sensex up 64 points at 19,639 while the Nifty continued to hover around the 5,957 levels.
May 5 Sunday - http://www.business-standard.com/india/news/markets-turn-flat-metal-it-majors-gain/231873/on
5457
Business Standard
Maize sheds 2% on aggressive selling
Maize prices fell by Rs 33 to Rs 1,117 per quintal in futures trade today on the back of lower global markets sentiment.
May 6 Monday - http://www.business-standard.com/india/news/maize-sheds-2aggressive-selling/232198/on
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Business Standard
Cobra stings again, 23 new institutions named
In its continuing undercover operation, spanning several months, Cobrapost finds dozens and dozens of major public sector banks, and many more private banks, across the country are blatantly involved in money laundering, as are major insurers.
May 5 Sunday - http://www.business-standard.com/india/news/cobra-stings-again-23-new-institutions-named/231830/on
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Business Standard
April services PMI logs slowest growth in 18 months
India’s services sector began the 2013-14 financial year on a dismal note, as the HSBC Purchasing Managers’ Index (PMI) for services sector grew at its slowest pace in one and half years at 50.7 points in April, compared to 51.4 in March.
May 5 Sunday - http://www.business-standard.com/india/news/april-services-pmi-logs-slowest-growth-in-18-months/231844/on
5457
Business Standard
Markets stage recovery on metal and software shares
Markets have recovered from the day's low and is trading firm.
May 5 Sunday - http://www.business-standard.com/india/news/markets-stage-recoverymetal-software-shares/231837/on
5457
Business Standard
Metal shares rises as LMEX surges 5%
Shares of metal companies are in focus on the bourses with many frontline stocks trading higher up to 4% after LMEX, a gauge of six metals traded on the London Metal Exchange (LME), rose over 5% on Friday, after a better than expected US non farm payrolls data.
May 5 Sunday - http://www.business-standard.com/india/news/metal-shares-rises-as-lmex-surges-5/231852/on
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Business Standard
Kudankulam atomic plant - Proceed but no safety compromises: SC
The Supreme Court today allowed the controversial Kudankulam nuclear project in southern Tamil Nadu to be commissioned but also imposed tough preconditions to ensure the safety of people living around it and who have been agitating against it.
May 6 Monday - http://www.business-standard.com/india/news/kudankulam-atomic-plant-proceedno-safety-compromises-sc/515313/
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Business Standard
SpiceJet extends gains on Jhunjhunwala stake buy
SpiceJet has rallied 6% to Rs 42.85, extending its previous day’s over 6% gain, after billionaire investor Rakesh Jhunjhunwala’s wife Rekha Jhunjhunwala acquired 2.5 million shares in the company through open market transaction on Friday.
May 5 Sunday - http://www.business-standard.com/india/news/spicejet-extends-gainsjhunjhunwala-stake-buy/231841/on
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Business Standard
Cobrapost alleges 23 banks in money laundering nexus
In its continuing undercover operation, spanning several months, Cobrapost finds dozens and dozens of major public sector banks, and many more private banks, across the country are blatantly involved in money laundering, as are major insurers.
May 5 Sunday - http://www.business-standard.com/india/news/cobrapost-alleges-23-banks-in-money-laundering-nexus/231830/on
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Business Standard
Markets stage recovery on metals and software shares
Markets have recovered from the day's low and is trading firm.
May 5 Sunday - http://www.business-standard.com/india/news/markets-stage-recoverymetals-software-shares/231837/on
5457
Business Standard
HEG gains on seven-fold jump in Q4 profit
HEG is trading higher by 7% to Rs 190 after reporting seven-fold jump in net profit at Rs 35 crore for the quarter ended March 2013, due to foreign exchange gain.
May 5 Sunday - http://www.business-standard.com/india/news/heg-gainsseven-fold-jump-in-q4-profit/231829/on
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Business Standard
Market pulse for key metals and energy : Mangal Keshav
Gold futures closed slightly lower reversing from early gains on Friday, as better-than-expected US employment data eroded the precious metal’s safe-haven demand.
May 5 Sunday - http://www.business-standard.com/india/news/market-pulse-for-key-metalsenergymangal-keshav/231822/on
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Business Standard
Jindal Poly Films surges on acquisition of BOPP biz of ExxonMobil
Jindal Poly Films has surged 10% to Rs 169 after the company engaged in commodity chemicals business announced the acquisition of global biaxially oriented polypropylene (BOPP) business of ExxonMobil Chemical for $235 million (approx.
May 5 Sunday - http://www.business-standard.com/india/news/jindal-poly-films-surgesacquisitionbopp-bizexxonmobil/231796/on
5457
Business Standard
Oil higher in Asia after robust US jobs report
Oil was up in Asian trade today after an upbeat US jobs report bolstered confidence the US economic recovery is on track.
May 5 Sunday - http://www.business-standard.com/india/news/oil-higher-in-asia-after-robust-us-jobs-report/231779/on
5457
Business Standard
IT, metal shares gain as markets open higher
Markets opened marginally in green, but weakness in banking shares dragged it into the negative zone, minutes after opening.
May 5 Sunday - http://www.business-standard.com/india/news/it-metal-shares-gain-as-markets-open-higher/231791/on
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Business Standard
Finolex Industries hits 5-year high on robust Q4 earnings
Finolex Industries has surged 10% to Rs 109 after reporting a robust 41% year-on-year (yoy) growth in its net profit at Rs 79.34 crore for the quarter ended March 2013, on back of lower raw material and interest cost.
May 5 Sunday - http://www.business-standard.com/india/news/finolex-industries-hits-5-year-highrobust-q4-earnings/231781/on
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Markets open marginally up; IT and metals gain
Markets have opened in the green this morning, taking cues from the global bourses.
May 5 Sunday - http://www.business-standard.com/india/news/markets-open-marginally-up-itmetals-gain/231778/on
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Expect a correction in near term, say fund managers
Markets posted their third-straight weekly gains on hopes of global growth recovery after the central bank’s monetary policy easing.
May 5 Sunday - http://www.business-standard.com/india/news/expectcorrection-in-near-term-say-fund-managers/231773/on
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Business Standard
Pre-Market: Global trends may set market moves
Trend in global equities is likely to set the tone for Indian markets this week.
May 5 Sunday - http://www.business-standard.com/india/news/pre-market-global-trends-may-set-market-moves/231766/on
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Business Standard
Lookout notice against ex-IAF chief in chopper deal: Antony
CBI has issued a lookout notice against a former IAF chief in connection with alleged irregularities in procurement of VVIP helicopters, Defence Minister A K Antony told the Lok Sabha today.
May 6 Monday - http://www.business-standard.com/india/news/lookout-notice-against-ex-iaf-chief-in-chopper-deal-antony/232243/on
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Business Standard
Russia, Germany express interest in NIMZs
Russia, Germany and some other countries have expressed keen interest in participating in the proposed national investment and manufacturing zones (NIMZs), Parliament was informed today.
May 6 Monday - http://www.business-standard.com/india/news/russia-germany-express-interest-in-nimzs/232241/on
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Business Standard
Russia, Germany express interest in NIMZs
Russia, Germany and some other countries have expressed keen interest in participating in the proposed national investment and manufacturing zones (NIMZs), Parliament was informed today.
May 6 Monday - http://www.business-standard.com/india/news/russia-germany-express-interest-in-nimzs/232242/on
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Business Standard
8% growth feasible: Rajat Nag
Policy makers are hopeful that the current account deficit will come down to around 2.5 per cent of GDP in the next three years.
May 5 Sunday - http://www.business-standard.com/india/news/8-growth-feasible-rajat-nag/515213/
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Japanese investors see India as No 2: Hiroshi Watanabe
For India to achieve a higher rate of growth, it is important to develop infrastructure, says Hiroshi Watanabe, president and chief executive of the Japan Bank for International Cooperation, an agency of the Japanese government, in an interview with Nayanima Basu on the sidelines of the ADB annual meeting.
May 5 Sunday - http://www.business-standard.com/india/news/japanese-investors-see-india-as-no-2-hiroshi-watanabe/515209/
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Business Standard
Indicus price monitor
(Click on graphic)A price index for agri commodities: A Business Standard and Indicus Analytics initiative.
May 5 Sunday - http://www.business-standard.com/india/news/indicus-price-monitor/515208/
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StatsGuru: Two Indias
India's Census has recently released data from the decennial exercise that allows some final conclusions, and draws attention to the startling demographic difference between India's north and its south.
May 5 Sunday - http://www.business-standard.com/india/news/statsguru-two-indias/515212/
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No sovereign bond issue: Raghuram Rajan
The Union finance ministry on Sunday ruled out a sovereign bond issue in the international market to fund a widening current account deficit (CAD).
May 5 Sunday - http://www.business-standard.com/india/news/no-sovereign-bond-issue-raghuram-rajan/515207/
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Business Standard
No cut in loans for India, Asia
Asian Development Bank (ADB) will maintain annual lending of $2 billion (Rs 10,750 crore) to India over the next three years.
May 5 Sunday - http://www.business-standard.com/india/news/no-cut-in-loans-for-india-asia/515205/
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Business Standard
Merchant Shipping Act to be amended
The Indian shipping industry is all set to endorse two more International Maritime Organisation (IMO) conventions, with the Union shipping ministry getting Cabinet nod to ratify both conventions.
May 5 Sunday - http://www.business-standard.com/india/news/merchant-shipping-act-to-be-amended/515206/
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Business Standard
India set to scale up ties with Iran; jointt exploration on cards
Salman KhurshidNotwithstanding sanctions against Iran, India is set to scale up economic and commercial engagement with it with proposals for joint investment in infrastructure and joint exploration of oil high on the agenda.
May 6 Monday - http://www.business-standard.com/india/news/india-set-to-scaletiesiran-jointt-explorationcards/232253/on
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Business Standard
India, China end standoff; withdraw troops from Ladakh
In a sudden development, India and China pulled back their troops from the standoff point in the Depsang Valley in Ladakh's Daulat Beg Oldi sector, where Chinese forces had intruded nearly three weeks earlier, official sources said tonight.
May 5 Sunday - http://www.business-standard.com/india/news/india-china-end-standoff-withdraw-troopsladakh/515193/
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India represents only 8% rise in global energy-related carbon emission: Report
This is one battle where India has an upper hand over China.
May 5 Sunday - http://www.business-standard.com/india/news/india-represents-only-8-rise-in-global-energy-related-carbon-emission-report/515191/
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Business Standard
Markets to trade in 5,500-6,100 range in the near term
The markets have been bustling this month, with the Nifty Index gaining nine per cent from its low on April 9.
May 5 Sunday - http://www.business-standard.com/india/news/markets-to-trade-in-5500-6100-range-innear-term/515178/
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Business Standard
Centre asks Odisha to publicise Supreme Court order on Niyamagiri
In a follow up to the Supreme Court order empowering the village committees (palli sabha) to decide the fate of bauxite mining project in Niyamgiri hills, the Union ministry of tribal affairs (MoTA) has asked the Odisha government to take necessary steps to create awareness about holding of palli sabhas.
May 5 Sunday - http://www.business-standard.com/india/news/centre-asks-odisha-to-publicise-supreme-court-orderniyamagiri/515168/
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Business Standard
Rewriting the Indian growth story
In the last two weeks, various institutions have released estimates for gross domestic product growth in 2013-14.
May 5 Sunday - http://www.business-standard.com/india/news/rewritingindian-growth-story/515165/
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Business Standard
Galaxy S4: A star is born
"Parting is such sweet sorrow," William Shakespeare had said.
May 5 Sunday - http://www.business-standard.com/india/news/galaxy-s4-a-star-is-born/515145/
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Business Standard
Cargo traffic at 12 major ports down by 2.6% in 2012-13
Cargo traffic at 12 major ports in the country declined by 2.58 per cent at 545.68 million tonnes during 2012-13, according to the government.
May 6 Monday - http://www.business-standard.com/india/news/cargo-traffic-at-12-major-ports-down-by-26-in-2012-13/232279/on
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Business Standard
Grey finds a bright spot
Ad agencies take briefs from clients on a creative campaign all the time.
May 5 Sunday - http://www.business-standard.com/india/news/grey-findsbright-spot/515147/
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Business Standard
HC asks Maha to set up new panel for Shirdi trust
The Bombay High Court has directed the Maharashtra government to constitute a new committee to govern the affairs of the Shri Sai Baba Sansthan Trust in Shirdi in accordance with the new rules framed by it.
May 5 Sunday - http://www.business-standard.com/india/news/hc-asks-maha-to-setnew-panel-for-shirdi-trust/515157/
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Business Standard
India set to scale up ties with Iran; joint exploration on cards
Salman KhurshidNotwithstanding sanctions against Iran, India is set to scale up economic and commercial engagement with it with proposals for joint investment in infrastructure and joint exploration of oil high on the agenda.
May 6 Monday - http://www.business-standard.com/india/news/india-set-to-scaletiesiran-joint-explorationcards/232253/on
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Business Standard
Vijay Bahuguna meets PM, opposes eco sensitive zone
Uttarakhand chief minister Vijay Bahuguna today met Prime Minister Manmohan Singh and opposed the new 4179.59 sq km eco sensitive zone in the Bhagirathi Valley which put tough restrictions on tourism activities and hydel projects in the hill state.
May 6 Monday - http://www.business-standard.com/india/news/vijay-bahuguna-meets-pm-opposes-eco-sensitive-zone/232315/on
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Business Standard
Short-term trend range bound between 5,925 & 6,020
The market is range trading, with some upside momentum.
May 6 Monday - http://www.business-standard.com/india/news/short-term-trend-range-bound-between-59256020/515288/
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Business Standard
Odisha raises cap on iron ore output to 57 million tonnes
Odisha, the country's biggest iron ore producer has raised the cap on ore output from Joda and Koira circles to 57 million tonne (mt) for 2013-14, 9.6% higher than the ceiling of 52 mt that was fixed for 2012-13.
May 6 Monday - http://www.business-standard.com/india/news/odisha-raises-capiron-ore-output-to-57-million-tonnes/232314/on
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Business Standard
Deleveraging key to improving profits for JP Associates
Jaiprakash Associates (JPA) plans to deleverage its balance sheet by bringing down its consolidated net debt of Rs 50,313 crore by about Rs 6,000 crore in FY14.
May 6 Monday - http://www.business-standard.com/india/news/deleveraging-key-to-improving-profits-for-jp-associates/515285/
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Business Standard
Cobrapost fails to sting bank stocks
Banking stocks remained unruffled in the face of fresh allegations of money-laundering by banks and insurers made in the latest revelations by online magazine Cobrapost.
May 6 Monday - http://www.business-standard.com/india/news/cobrapost-fails-to-sting-bank-stocks/515283/
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Business Standard
Fresh extension to JPC on 2G scam
A screen grab of Lok SabhaThe JPC on 2G scam is set to get a fresh extension with the Lok Sabha today unanimously adopting a resolution to this effect.
May 6 Monday - http://www.business-standard.com/india/news/fresh-extension-to-jpc2g-scam/232360/on
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Business Standard
Oilmeal exports slump by 51% in April: SEA
Oilmeal exports from the country dropped significantly by 51 per cent to 1,99,168 tonnes in April as supply was less due to lower crushing, industry body SEA said today.
May 6 Monday - http://www.business-standard.com/india/news/oilmeal-exports-slump-by-51-in-april-sea/232090/on
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Business Standard
RIL surpasses ITC to reclaim third most-valued co status
Reliance Industries Ltd (RIL) today overtook FMCG major ITC to become the country's third most-valued company after TCS and ONGC.
May 6 Monday - http://www.business-standard.com/india/news/ril-surpasses-itc-to-reclaim-third-most-valued-co-status/232429/on
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Business Standard
Gold recovers on heavy buying, silver extends gain
Gold image via ShutterstockGold prices recovered smartly at the domestic bullion market here today on heavy demand from stockists and investors amid good marriage seasonal offtake.
May 6 Monday - http://www.business-standard.com/india/news/gold-recoversheavy-buying-silver-extends-gain/232449/on
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Business Standard
India services growth plunges to bottom in April since October, 2011
The dominating sector of the Indian economy--services--began the financial year 2012-13 on a dismal note with its growth falling to its lowest level in April, 2013 since October, 2011, when output of the tertiary sector last contracted, shows the widely-tracked HSBC purchasing managers' index (PMI).
May 6 Monday - http://www.business-standard.com/india/news/india-services-growth-plunges-to-bottom-in-april-since-october-2011/232441/on
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Business Standard
What type of crisis for India?
In mid-1994, Rudiger Dornbusch and Alejandro Werner warned that Mexico was heading into a crisis.
May 6 Monday - http://www.business-standard.com/india/news/what-typecrisis-for-india/515276/
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Equity MFs may have fared better in April
It is likely India's equity mutual fund sector recorded a good performance in April, thanks to a decline in redemption requests and better inflows.
May 6 Monday - http://www.business-standard.com/india/news/equity-mfs-may-have-fared-better-in-april/515278/
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Business Standard
Post-poll shock: KERC effects 23 paise hike in power tariff
Karnataka Electricity Regulatory Commission (KERC), on Monday effected 23 paise per unit rise in power tariff for all the electricity supply companies (Escoms) in the state for 2013-14.
May 6 Monday - http://www.business-standard.com/india/news/post-poll-shock-kerc-effects-23-paise-hike-in-power-tariff/515273/
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Business Standard
Steel imports to remain a hot issue for India
Overcapacity and production more than the market can absorb at rates remunerative for suppliers have remained principal concerns for the world steel industry since the 2008-09 global financial meltdown, the members of which still keep flying.
May 6 Monday - http://www.business-standard.com/india/news/steel-imports-to-remainhot-issue-for-india/515253/
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Services PMI falls for third straight month in April
Indian services growth eased dramatically during April as new orders came in at a much slower pace, prompting firms to rein in hiring plans, a business survey showed on Monday.
May 5 Sunday - http://www.business-standard.com/india/news/services-pmi-falls-for-third-straight-month-in-april/231844/on
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Business Standard
FIIs pour in Rs 2,600cr in May;investment nears $12 bn in 2013
Overseas investors have pumped in a staggering Rs 2,600 crore ($483 million) in the Indian stock market during the first two trading sessions of the month amid political and economic worries.
May 6 Monday - http://www.business-standard.com/india/news/fiis-pour-in-rs-2600cr-in-mayinvestment-nears-12-bn-in-2013/232460/on
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Business Standard
Green Shoots Tracker
Production in the eight core sectors increased 2.9% in March.
May 6 Monday - http://www.business-standard.com/india/news/green-shoots-tracker/515318/
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Business Standard
Maharashtra shows exit route to SEZ developers
The new state industrial policy 2013-2108 has come up with exit route for special economic zone developers in the and at the same time evolve new strategy to tackle land availability for industrial purposes.
May 6 Monday - http://www.business-standard.com/india/news/maharashtra-shows-exit-route-to-sez-developers/232510/on
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Business Standard
Maharashtra offers special sops for mega projects
The new industrial policy of state of Maharastra 2013-2018 provides a customised package of incentives to help growth of mega projects classified on the basis of fixed cost investment and employee strength.
May 6 Monday - http://www.business-standard.com/india/news/maharashtra-offers-special-sops-for-mega-projects/232519/on
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Business Standard
Sebi relaxes norms for Tata Tele for offer for sale of shares
Tata Teleservices today said market regulator Sebi has relaxed norms for offer for sale of shares by promoters that will allow it to achieve the minimum level of public shareholding at 25%.
May 6 Monday - http://www.business-standard.com/india/news/sebi-relaxes-norms-for-tata-tele-for-offer-for-saleshares/232527/on
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Business Standard
Deutsche Bank sees Sensex at 22,500 by Dec, further rate cuts
Deutsche Bank today reaffirmed its target for the BSE Sensex at 22,500 by December and said it expects further 75 basis points cut in repo rate this year, taking its CY2013 rate cut forecast to 1.50%.
May 6 Monday - http://www.business-standard.com/india/news/deutsche-bank-sees-sensex-at-22500-by-dec-further-rate-cuts/232525/on
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Business Standard
CBDT notifies tax returns form for 2012-13
Income Tax image via ShutterstockThe Central Board of Direct Taxes (CBDT) has notified the new income tax returns (ITR) form for financial year 2012-13, with changes targeting wealth taxes evaders.
May 6 Monday - http://www.business-standard.com/india/news/cbdt-notifies-tax-returns-form-for-2012-13/232526/on
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Business Standard
Direct benefits transfer for LPG again put off
In a setback to the government’s Direct Benefits Transfer (DBT) programme, its scheduled launch for the liquefied petroleum gas (LPG or cooking gas) subsidy on May 15 has been postponed.
May 6 Monday - http://www.business-standard.com/india/news/direct-benefits-transfer-for-lpg-again-put-off/232452/on
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Business Standard
Govt introduces Bill to raise capital of Nabard to Rs 20,000 cr
With an aim to expand the role of Nabard in rural economy, the government today introduced a Bill in the Lok Sabha to raise its authorised capital four times to Rs 20,000 crore.
May 6 Monday - http://www.business-standard.com/india/news/govt-introduces-bill-to-raise-capitalnabard-to-rs-20000-cr/232599/on
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Business Standard
In April, services growth at lowest since Oct 2011
The dominating sector of the Indian economy -- services -- began the financial year 2012-13 on a dismal note with its growth falling to its lowest level in April, 2013 since October, 2011, when output of the tertiary sector last contracted, shows the widely-tracked HSBC purchasing managers' index (PMI).
May 6 Monday - http://www.business-standard.com/india/news/in-april-services-growth-at-lowest-since-oct-2011/232610/on
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Business Standard
Sugarcane pay to UP farmers tops estimates, but dues remain
As the 2012-13 sugarcane crushing season rounds off in Uttar Pradesh, the total dues to farmers have exceeded the state government estimates set last year.
May 6 Monday - http://www.business-standard.com/india/news/sugarcane-pay-to-up-farmers-tops-estimatesdues-remain/515230/
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Business Standard
Uttarakhand to Centre: Eco zone shattering hydro dream
Uttarakhand Chief Minister Vijay Bahuguna on Monday met Prime Minister Manmohan Singh and opposed the new 4,179.59 sq km eco-sensitive zone in the Bhagirathi Valley, which put tough restrictions on tourism and hydel projects in the hill state.
May 6 Monday - http://www.business-standard.com/india/news/uttarakhand-to-centre-eco-zone-shattering-hydro-dream/515231/
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Punjab to digitise land records soon
Punjab Deputy Chief Minister Sukhbir Singh Badal on Monday finalised the blueprint of the transformation of the Revenue Department in the presence of the revenue minister, Bikram Singh Majithia, after a brainstorming session with all commissioners of divisions and deputy commissioners of the districts.
May 6 Monday - http://www.business-standard.com/india/news/punjab-to-digitise-land-records-soon/515232/
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RBI committee favours differential tax regime for exporters
Seeking to boost exports and bridge the ballooning current account deficit, a RBI committee today suggested slew of measures like introduction of differential tax regime and increasing the scope of interest subsidy scheme for exporters.
May 6 Monday - http://www.business-standard.com/india/news/rbi-committee-favours-differential-tax-regime-for-exporters/232620/on
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Business Standard
TN commits Rs 984-cr to raise farm sector prospects
The Tamil Nadu government on Monday announced schemes worth Rs 984.7 crore aimed at boosting agricultural production in the state besides ensuring fair prices for agri produce in the market.
May 6 Monday - http://www.business-standard.com/india/news/tn-commits-rs-984-cr-to-raise-farm-sector-prospects/515240/
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Business Standard
21% rise in gross tax collections in TN
After registering a 21 per cent rise in gross revenue collections at around Rs 47,000 crore last year, the Tamil Nadu government expressed confidence in achieving the target of over Rs 56,000 crore this year.
May 6 Monday - http://www.business-standard.com/india/news/21-rise-in-gross-tax-collections-in-tn/515249/
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Business Standard
Now, Guj tourists may get to see Asiatic Lions in Amreli too
Tourists visiting Gujarat to get a glimpse of the Asiatic Lions might get to see them at a new address at Ambardi in Amreli district, the eastern end of Gir Sanctuary, by this year-end.
May 6 Monday - http://www.business-standard.com/india/news/now-guj-tourists-may-get-to-see-asiatic-lions-in-amreli-too/515264/
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Business Standard
Silver demand for investment falls over 80% in 2012
While gold might be losing shine due to falling prices, silver had dimmed last year itself.
May 6 Monday - http://www.business-standard.com/india/news/silver-demand-for-investment-falls-over-80-in-2012/515250/
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Business Standard
Kudankulam plant: Proceed but no safety compromises, says SC
The Supreme Court today allowed the controversial Kudankulam nuclear project in southern Tamil Nadu to be commissioned but also imposed tough preconditions to ensure the safety of people living around it and who have been agitating against it.
May 6 Monday - http://www.business-standard.com/india/news/kudankulam-plant-proceedno-safety-compromises-says-sc/515313/
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Business Standard
Signing of WTO trade facilitation deal vital for global value chain: OECD
Foreign Trade image via ShutterstockSigning of the much-hyped pact on trade facilitation under the Doha round of global trade talks in World Trade Organization (WTO) is crucial for the development of global value chains, which is gradually emerging as a predominant factor for seamless global trade concerning both the developed and developing worlds.
May 5 Sunday - http://www.business-standard.com/india/news/signingwto-trade-facilitation-deal-vital-for-global-value-chain-oecd/231469/on
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Business Standard
Rajan not in favour of sovereign bond to finance CAD
Raghuram Rajan, Chief Economic AdvisorThere is no reason to consider issuing a sovereign bond in global markets to fund India's bulging current account deficit (CAD), Chief Economic Advisor Raghuram Rajan said today.
May 5 Sunday - http://www.business-standard.com/india/news/rajan-not-in-favoursovereign-bond-to-finance-cad/231456/on
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Business Standard
ADB will continue lending $2 bn to India per year
Takehiko Nakao, ADBAs India pressed for funding by the Asian Development Bank (ADB) for its huge infrastructure needs, pegged at one trillion dollars during the 12th five year plan period (2012-13 to 2016-17), the Manila-based development bank today categorically said there will not be any cut in lending to the country and committed itself to retaining $2 billion advances per ...
May 5 Sunday - http://www.business-standard.com/india/news/adb-will-continue-lending-2-bn-to-india-per-year/231548/on
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Business Standard
Regulator threatens to cancel erring clinical trials
Drug firms and hospitals conducting clinical trials on patients may now have to be on an alert.
May 5 Sunday - http://www.business-standard.com/india/news/regulator-threatens-to-cancel-erring-clinical-trials/231354/on
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Second IPO shelved in 2013 on poor show
Within a span of less than three months, two companies have withdrawn their initial public offerings, together worth over Rs 200 crore, amid sluggish investor sentiments.
May 5 Sunday - http://www.business-standard.com/india/news/second-ipo-shelved-in-2013poor-show/231259/on
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Business Standard
Uttar Pradesh,Tamil Nadu have most cell phone users in India
The country's most populous state, Uttar Pradesh, accounts for the largest number of mobile subscribers in the country followed by Tamil Nadu, Maharashtra, Andhra Pradesh and Bihar, which together account for almost half of the total wireless connections.
May 4 Saturday - http://www.business-standard.com/india/news/uttar-pradeshtamil-nadu-have-most-cell-phone-users-in-india/231234/on
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Business Standard
Rs 5-lakh cr investment in power generation by FY17: Scindia
Confident of resolving woes of the power sector, Union Minister Jyotiraditya Scindia says that the country's electricity generation capacity will leapfrog to nearly 315 gigawatts by fiscal year 2016-17 with an estimated investment of about Rs 5 lakh crore.
May 5 Sunday - http://www.business-standard.com/india/news/rs-5-lakh-cr-investment-in-power-generation-by-fy17-scindia/231303/on
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Business Standard
Curbing bank funds will spike prices,help grey mrkts:Jewellers
The Reserve Bank's decision to restrict bank finance to gold imports meant only for jewellery exports will jeopardise the supply system and increase prices apart from boosting grey market, an industry body has said.
May 5 Sunday - http://www.business-standard.com/india/news/curbing-bank-funds-will-spike-priceshelp-grey-mrktsjewellers/231270/on
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