Wrap up: Sugar stocks turn sour, forex losses take Tata Motors down

Confused and intimidated by the amount of news hurtling at you everyday? Well, to make your life easier, here’s a quick round-up of the major local and international business and economic news events that happened today.

Shree Renuka hits two-year low

There was a lot of action on the stock markets today. Shree Renuka Sugar hit a two-year low on the bourse today after the company reported a net loss of Rs 618.5 crore for the September quarter. Hit by disappointing numbers, its scrip nosedived 30.36 percent to Rs36 per share on the BSE.

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Forex losses, lower volumes take a toll on Tata Motor

Tata Motors also reported a 15.3 percent fall in net profit for the September quarter due to higher cost and foreign exchange losses.

Gold touches all time high

Commodities - Gold touched an all time high today as it rose by Rs30 to Rs29,295 per 10 gms driven by sustained buying by stockist and jewelers to meet demand for the ongoing marriage season.

5 reasons why Indian CEOs are making it big on global stage

Have Indian CEOs broken the glass ceiling at global companies and can we expect their rise to be taken for granted. From Vikram Pandit at Citicorp to Anshu Jain at Deutsche Bank to Indra Nooyi at Pepsico, the management story of the last decade can arguably be that of the Indian manager who has worked up the ladder. Click here to read more .

India’s growing youth population : Asset or Liability

India is poised to have one of the largest pools of young people in the world in the future. So, are they an asset or a liability. It’s not possible to answer this questions with-out taking into account another perspective. What is that? Read on to find out.

Flying on empty: The good life of Vijay Mallya

Who is Vijay Mallya ? The author tries to find some answers by looking at the various roles he plays. Describing him as a “unrepentant intelligent playboy” who see wealth as an entitlement, the author asks the one question that others fear - will the Mallya brand survive. Read the story here .

More Indian are overworked than global peers: Survey

Are Indian employees overworked. As per a survey conducted by Regus, “over half of workers in India work over eight hours a day and over 40 percent regularly take work home to finish in the evening”. So are the good time over, read on to find out .

India has to find a transformed capitalist model:Arun Maira

India can neither be a capitalist economy as we know it nor can it tread socialism or communism, Arun Maira member of India’s planning commission, said Sunday in an interview. Read on to know his views on the economy of India.

Why petrol prices are likely to be hiked again

Brent crude, a global oil benchmark, has soared to a near seven-month high of $114 per barrel in recent days, defying predictions that prices would collapse amid the financial tumult in Europe and lower demand from a limping US economy. Click here to know more.