Yearender

Retail grows to $560-bn in 2014; FDI hopes hang in balance

While the previous UPA government had allowed up to 51 per cent FDI in multi-brand retail, no foreign retailer apart from Tesco had approached the government for permission to set up stores to sell multiple brands under one roof.

Dec 21, 2014, 13:28 PM IST

Raghuram Rajan fights for RBI autonomy amid rate cut rants

Rajan seems to have followed the principle laid out by former US Federal Reserve chief Ben Bernanke, who had famously said that "the central bank needs to be able to make policy without short term political concerns".

Dec 21, 2014, 12:49 PM IST

Small scrips fetch bigger returns on Dalal Street in 2014

The spectacular rally on Dalal Street has brought cheers for the minnows of the equity market, helping smaller stocks outperform their large blue-chip peers with a bumper surge of up to 60 percent this year.

Dec 21, 2014, 12:34 PM IST

Controversies, concerns and cancellations: Coalbazaari in 2014

The companies that had got these mines claim to have invested close to Rs three lakh crore in the coalblocks and further Rs four lakh crore in their end-use plants.

Dec 21, 2014, 12:32 PM IST

Deal Street witnesses $29-bn M&As in 2014; eyes $40 bn in '15

Albeit muted for most part of the year, Deal Street in India has clocked M&As worth USD 29 billion in 2014 and expects the size to get larger with transactions worth over USD 40 billion in the new year.

Dec 19, 2014, 14:14 PM IST

After a topsy-turvy 2014, automakers eye smoother 2015 ride

Even as the year was drawing to a close, the sales figures remained disappointing with close to 10 per cent decline in the number of cars sold during the first eleven months of 2014 and festival seasons failing to bring any cheer.

Dec 19, 2014, 14:04 PM IST

Nokia exit brings Tamil Nadu back to drawing board

It may have taken years for Tamil Nadu to emerge as a major industrial hub, but it's just one deadly blow served by global giant Nokia's exit that has sent it back to the drawing board to regain its lost glory.

Dec 19, 2014, 12:57 PM IST