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Thursday, May 23rd 02:54 PM IST

FP Staff

Micromax launches A110 Canvas 2 with quad-core processor for Rs 12,100

30 mins ago

Micromax has launched yet another quad-core processor phone, the A110Q Canvas 2 Plus which is available for sale via the company’s website for Rs 12,100. Canvas 2 Plus runs the latest version of Android, the 4.2 build of Jelly Bean. It has a 5-inch display with 854 x 480 resolution and #Micromax #Micromax A110Q Canvas 2 Plus #MobileMonitor #Mobiles #Personal Technology #Technology
Why SBI stock fell most in 7 months post earnings announcement

32 mins ago

Even though State Bank of India reported a recovery in its asset performance in the fourth quarter of the current fiscal, the bank's net profit dropped 19 percent year-on-year to Rs 3,300 crore as net interest income slipped more than 5 percent y-o-y o Rs 11,080 crore. Following the earnings announcement, #EarningsShow #Q4Results #SBI #State bank of Indis
Five things to keep in mind before filing I-T returns this year

48 mins ago

Like it or not returns have to be filed each year. The task ofcourse can be delegated to a professional like a Chartered Accountant or you could use the help of an online tax portal. While the fact, remains that most CAs are already filing your taxes online. But, there #didyouknow #I-T returns #Income tax
SBI’s Q4 profit falls to Rs 3299 cr, disappoints market

May 23, 2013

State Bank of India, the country's largest lender, posted its first quarterly net profit drop in two years, missing market estimates after being dragged down by lower interest income and higher provisions for loan losses. The state-run bank posted a net profit of Rs 3299 crore in the quarter ended March, #EarningsShow #Q4 results #State Bank of India
Bollywood is a frog in the well, says Abhishek Kapoor

May 23, 2013

You wouldn't think the man who began his cinematic career Uff! Yeh Mohabbat as Twinkle Khanna's love interest would quote the American poet Robert Frost, but as unexpected as this may be, there was lots more in a recent article for Yahoo written by director Abhishek Kapoor that would make #100 Years of Indian Cinema #Abhishek Kapoor #Bollywood #Kai Po Che director #WhatTheySaid
Ranbaxy, Fortis slump as Daiichi may sue Singh brothers: All you need to know

May 23, 2013

Shares of Ranbaxy Laboratories and Fortis Healthcare crashed in morning trade today after pharma major Daiichi Sankyo indicated it may initiate legal steps against the former promoters of India’s biggest drug maker Ranbaxy Laboratories —Malvinder Mohan Singh and family — saying the former shareholders of the company “concealed and misrepresented #Fortis #Malvinder Singh #Ranbaxy #StockWatch
Kiran Rao launches the trailer of the ‘Ship of Theseus’

May 23, 2013

#Anand Gandhi #ImagesOfTheDay #Kiran Rao #Ship Of Theseus #Sidharth Roy Kapur
Uniform valuation by mutual funds can be expected soon?

May 23, 2013

"The mutual fund (MF) sector might introduce uniform valuations of debt securities across asset management companies (AMCs), to increase the transparency in the valuation of these instruments, " says a report published in the Business Standard today. This means, in the future debt securities from different fund house, will have same #CRISIL #debt security #Icra #Mutual Funds #SmartMoney
Money, sleaze take the sheen off imperious Chennai Super Kings

May 23, 2013

After successfully resisting any attempt of public scrutiny for years, the BCCI looked highly vulnerable on Wednesday, thanks to the betting-allegations against Board president and CSK owner N Srinivasan’s son-in-law At least temporarily, the charges have forced the country’s richest and most boorish sports-creature into a clueless retreat. National media on Wednesday #Chennai Super Kings #Cricket #Gurunath Meiyappan #Indian Premier League #IPL 6 #N Srinivasan #Sports
UP Home Secy gets shunted out after off-record statement on death is aired

May 23, 2013

The Uttar Pradesh government on Wednesday gave its top official marching orders following comments he made that were deemed insensitive. State Home Secretary RN Upadhyay was shunted out of the department and has been put on the waitlist until further posting. On Tuesday, a man reportedly killed himself and his three children #Akhilesh Yadav #Gautam Buddha #Ghaziabad #Murder #NewsTracker #RN Upadhyay #Sonbhadra incident #TheySaidIt #Uttar Pradesh

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Editor's picks

Money, sleaze take the sheen off imperious Chennai Super Kings

Given the huge legal, moral and ethical stakes, Srinvasan and Meiyappan should have voluntarily clarified their position and should have offered to face an investigation.
How the Woolwich attack will harm the British Muslim community more

For Muslims in Britain, there comes one thing after another to get defensive about, and at quite short intervals. The Muslim community will be cornered into paying a price for the brutality of these two killers.
Explainer: Why Sensex has fallen over 300 points today

Chidambaram ‘s soothsaying may not work when the markets are driven largely by foreign institutional investors (FIIs)
PM carrying out responsibility with great dignity, says Sonia

Rejecting the talk about two power centres and differences between them, UPA Chairperson Sonia Gandhi today said there is “collective leadership” between her and Manmohan Singh and “we all stand by” the Prime Minister who will complete his term.

Why India is concerned about supplying arms to Afghanistan

From across the Hindu Kush, a plea for Indian help. Hamid Karzai wants New Delhi to provide artillery and military transport aircraft. It won’t cost India much—but New Delhi is worried about upsetting Pakistan, and wary of making commitments before it becomes clear which way the political wind is blowing in Kabul.
Sreesanth and IPL spot fixing: Why history makes it so hard to believe the police

With the glut of information regarding the IPL spot fixing scandal and the three cricketers how much of it can we really trust?
Phaneesh Murthy admits to relationship with employee

This is the second time the IT industry veteran has been involved in a sex scandal.
Despite BJP edge over Cong, both NDA and UPA are conjectures

Opinion polls show the BJP and the NDA ahead of the Congress and UPA. But it is the regional parties that are likely to make the biggest gains. NDA and UPA are post-poll creatures

Not just niceties, China and India need to focus on thorny issues

India’s discourse with China has traditionally been trapped in the Mao-ist maze that defines how “friends” ought to conduct themselves. But Chinese statecraft has evolved, and India too must up its diplomatic game.
Why the Indian media gives a damn about poverty

In that sense the poverty line of India is cruel. It is merciless and doesn’t allow the majority of Indians any money for shelter or access to education or healthcare or sanitation or anything else that civilised nations would consider as essential as food.
Goa meet: Will the BJP finally find a way out of its troubles?

Can the party resolve internal discord and take a call on Modi’s PM candidature?
Why Dhoni, Tendulkar can't distance themselves from spot fixing

Try following a game on twitter or with friends or at the ground. At every step of the way, the spot-fixing question raises itself.

Movie Review: 'The Reluctant Fundamentalist' leaves you dissatisfied

If you forget the politics and just look at the film, The Reluctant Fundamentalist doesn’t fare much better. It’s a thriller that lacks tension and suspense.
Here's how the Delhi Police stumbled upon spot-fixing in IPL

After monitoring a phone call, the investigation had virtually turned pan-India with some of the bookies based in Gujarat and Mumbai.
Ex-Citi CEO Vikram Pandit, JM Financial join hands for banking foray in India

JM Financial will nominate Pandit as the non-executive chairman of the proposed bank. Pandit and Aiyar will have the right to purchase shares up to the amount prescribed by the RBI in this entity.
Movie Review: The Great Gatsby is the most Bollywood of Baz Luhrmann's films

The great American dream is an integral part of America. It’s ‘great’ in that it symbolises not truth, but hope when the truth is disillusioning; it symbolises not facts, but ideals when facts are unnerving; it symbolises not likelihood, but promise when likelihood is all but bleak.

Google I/O 2013 keynote: New Maps, Search, Plus, and S4 with 'pure' Android

We’re tracking the Google I/O conference 2013 live – what will be unveiled?
Hero worshipped in Kerala, Sreesanth still innocent in his state

The summary of the response in his Sreesanth’s home turf is that of incredulity. They are unwilling to believe that the pacer is guilty.
Why return of Dreamliners won't change Air India's fortunes

The original promise of the Dreamliner has failed to materiallise due to limitations in its flying range. Will Air India continue to pay a price for this?
Did Indira abolish bonded labour or Sonia? NREGA's tall claims

The UPA ads eulogising MGNREGA as a a huge success needs to be taken with bags of salt. The scheme did make a difference, but not as is claimed.

Angelina’s breast surgery possible in India, but there's a catch

So can we test in India and gain from the same treatment privilege that Jolie had? Yes, but there is a catch.
IPL 2013 KKR vs PWI Live: Yusuf kicks KKR out of the IPL

Live detailed updates as KKR take on Pune in a must-win game at Ranchi.
Wrong on Ghaziabad: The Kiran Bedi argument for moral policing

Bedi’s argument that we should focus on the legal wrong committed by the girl slapped by cops is technical, disingenuous and enabling.
Cloak but no dagger: The awfully mundane world of spies

There’s an endearing quality to reports that a CIA spy was arrested in Moscow: he comes across as a bumbling amateur who represents the lost Age of Innocence in the world of espionage.