- 16 Sep 1407:12 PMAgri-chemicals major UPL hit its 52-week high last week on easing of rainfall deficit fears and increased sowing in India, its largest single market accounting for 21% of FY14 sales.06:34 PMThe concerns on copper and aluminium major Hindalco's domestic operations continue to increase.06:04 PMCognizant Technologies on Monday announced the acquisition of TriZetto Corporation for $2.7 billion. The deal is possibly the largest by any IT services company in the last five years, claim analysts, but it may not be the last.12:40 PMHow do Indians evaluate their own living conditions? Not very well, according to a new Gallup-Healthways survey that measures well-being using five broad metrics – purpose, social, financial, community and physical well-being.11:57 AMOne of the promises that the Narendra Modi government made during their election campaign was uninterrupted power supply to the entire country. But within days of the new government assuming charge it became clear that the task was easier said than done.10:42 AMWith the US Federal Reserve likely to stick to the reducing the quantum of bond buying programme in its meeting this week, analysts now seem to be eyeing hints regarding the first interest rate hike from the US central bank's chair, Janet Yellen.08:56 AMLeading stock indices have declined by 2% in the past one week after a spectacular surge since Narendra Modi came to power.02:47 AMThrough the past three trading sessions, the Exide Industries stock has gained 10 per cent, as the company is expected to be a major beneficiary of a turnaround in the fortunes of the automobile sector (Exide is the largest supplier of batteries to car01:50 AMAn improvement in macroeconomic indicators through the past few months and a rally in equity markets have helped restore some of India Inc’s confidence, with companies looking to raise funds for capital expenditure, as well as other activities.12:48 AMThe risk of what Nobel laureate Paul Krugman calls "Japanification" - a semi-permanent economic funk - has haunted China for at least a couple years now.12:48 AMStocks of Indian pharmaceutical companies seem to be in the pink of health, as investor interest in these has been rising on the back of a weakening currency, the expiry of generic-drug patents later this year and a host of US drug regulatory approvals.12:47 AMIt is a tale of two countries for Anil Sardana, managing director of Tata Power, India's largest private sector power producer.12:46 AMIndia is among the world's fastest-growing pharma markets, accounting for 25 per cent of the world's generic drug market.12:38 AMThe creative productivity index prepared by the Economist Intelligence Unit on behalf of the Asian Development Bank is intellectually distinctive in two ways. First, it is focused.12:36 AMTwo central banks in the developed markets are walking in opposite directions in monetary policies. While the US is ready to tighten rates, the European Central Bank last week announced a further cut in rates and a stimulus programme.12:35 AMThe unitary cooling products (UCP) segment has been the key driver of Voltas’ performance so far but the Street is optimistic on the electro-mechanical projects and services (EMP) segment, too.12:35 AMThe acceleration of growth in the post-liberalisation era has been accompanied by a rise in inequality, as measured by the Gini coefficient.12:32 AMLast year there was a taper tantrum. Get ready for the hike huff.12:32 AMA public sector undertaking (PSU) is under compulsion to increase production year-on-year, irrespective of the state of the market.12:31 AMChina's economic data, even when as miserable as the numbers released on September 13, makes little difference to ordinary people.