Articles by Arun Kumar
10k: Historic high for Sensex
Accelerating like never before, the BSE Sensex gained 238 points on Monday to crack the 10K barrier in intra-day trading.

Published on Feb 11, 2006 07:43 PM IST
None | Arun Kumar, New Delhi
HCL Tech focus on product business
From starting a hardware operation to going on to create an intellectual powerhouse through a services offering in HCL, he outlines the new imperatives.

Updated on Feb 14, 2006 06:47 PM IST
None | Arun Kumar
Funds ride Sensex bull run
WITH THE stock market going strong, it is the domestic mutual funds which have hit a jackpot on their equity-oriented schemes in the past one year.

Published on Feb 09, 2006 12:42 PM IST
None | Arun Kumar, New Delhi
Funds ride Sensex bull run
WITH THE stock market going strong, it is the domestic mutual funds which have hit a jackpot on their equity-oriented schemes in the past one year. Reason: having burnt their fingers in the Ketan Parekh scam, retail investors this time have steered clear of directly entering the equity market and instead put faith in mutual funds.

Published on Feb 09, 2006 01:32 AM IST
None | Arun Kumar, New Delhi
Sensex scripts history
ACCELERATING LIKE never before, the BSE Sensex gained 238 points on Monday to crack the 10K barrier in intra-day trading. Finally it ended short, closing at 9,980.

Published on Feb 07, 2006 03:20 PM IST
None | Arun Kumar, New Delhi
Historic high for Sensex
ACCELERATING LIKE never before, the BSE Sensex gained 238 points on Monday to crack the 10K barrier in intra-day trading. Finally it ended short, closing at 9,980. This is India's longest-running bull orbit, proceeding despite the odd glitch since June 2003. "This is a reflection of India's re-rating as an economic force," says Uday Kotak, vice chairman, Kotak Mahindra Bank. "There might be a cyclical correction but the secular story is in place."

Published on Feb 07, 2006 01:44 AM IST
None | Arun Kumar, New Delhi
Why?re funds flowing?
"India is in the Christopher Columbus phase," says Kotak. "It's being discovered as a strong and robust economy by global fund managers."

Published on Feb 07, 2006 01:07 AM IST
None | Arun Kumar, New Delhi
Who?ll reap maximum rewards?
Unions should not crib because AAI income is likely to soar.

Updated on Feb 06, 2006 01:50 AM IST
None | , New Delhi
Sandeep Bamzai & Arun KumarIrish firm brings 100m euros
Anil Nanda-promoted Akme Projects Ltd has formed a 50:50 joint venture with Ireland-based Cathedral Financial Consultants Ltd to venture into the real estate space.

Published on Feb 02, 2006 01:38 AM IST
None | Arun Kumar, New Delhi
Financial bids opening today
STRIKE OR no strike, the Civil Aviation Ministry will open the bids for the modernisation of the Delhi and Mumbai airports at 3.30 p.m. on Tuesday. Civil Aviation Secretary Ajay Prasad told HT: "We are going ahead with the opening of the bids.

Published on Jan 31, 2006 12:06 PM IST
None | Arun Kumar, New Delhi
Financial bids opening today
STRIKE OR no strike, the Civil Aviation Ministry will open the bids for the modernisation of the Delhi and Mumbai airports at 3.30 p.m. on Tuesday. Civil Aviation Secretary Ajay Prasad told HT: "We are going ahead with the opening of the bids. All the qualified bidders have been informed to be present.

Published on Jan 31, 2006 01:28 AM IST
None | Arun Kumar, New Delhi
Home loan to cost more
WITH THE RBI signaling a quarter per cent increase in the short-term interest rate, home loan interest rates are expected to go up by 0.25 per cent to 0.50 per cent.

Published on Jan 25, 2006 11:56 AM IST
None | Arun Kumar, New Delhi
Home loan to cost more
With the RBI signaling a quarter per cent increase in the short-term interest rate, home loan interest rates are expected to go up by 0.25 per cent to 0.50 per cent.

Published on Jan 25, 2006 02:29 AM IST
None | Arun Kumar, New Delhi
Home loan to cost more
WITH THE RBI signaling a quarter per cent increase in the short-term interest rate, home loan interest rates are expected to go up by 0.25 per cent to 0.50 per cent.

Published on Jan 25, 2006 01:13 AM IST
None | Arun Kumar, New Delhi
Another mega deal on cards
ICICI Ventures, IDF in process of picking up 15-20% in L&T IDP arm

Published on Jan 23, 2006 02:24 AM IST
None | , New Delhi
Sandeep Bamzai & Arun KumarRanbaxy to buy German firm
After taking a beating over the last few months, pharma major Ranbaxy Laboratories is out to radically alter its image.

Published on Jan 18, 2006 01:51 AM IST
None | Arun Kumar, New Delhi
Swankier Delhi airport by 2010
THE PLAN to modernise the Delhi and Mumbai airports got a leg-up on Tuesday when an experts committee headed by DMRC chief E. Sreedharan said only one bidder -- GMR Fraport - had scored more than the qualifying marks of 80. The committee downgraded the Reliance-ASA consortium from the previous score of 80.6 to 79.4 on account of managerial capability and transition plan.

Published on Jan 11, 2006 01:20 AM IST
PTI | Arun Kumar, New Delhi
Metro Sreedharan dumps Reliance bid
The CoS is likely to discuss the expert panel's recommendation on Thursday.

Updated on Jan 11, 2006 02:36 AM IST
PTI | Arun Kumar, New Delhi
Defence to vacate spectrum
Committee to give report on Jan 20; Telecom operators told to utilise spectrum better

Published on Jan 09, 2006 02:41 AM IST
PTI | , New Delhi
Sandeep Bamzai & Arun KumarWhere are bulls headed?
Where is the market headed before the budget? January 18 is being cited as a tipping point by many analysts for this is when the special price discovery trading session on Reliance Industries takes place.

Published on Jan 07, 2006 02:56 AM IST
PTI | Arun Kumar, New Delhi
AG greenlights airports revamp
Attorney General has clarified there was no legal bar on proceeding with a single bidder, reports Arun Kumar.

Updated on Jan 03, 2006 12:27 PM IST
PTI | Arun Kumar, New Delhi
5 LIKELY INDIAN STORIES IN 2006
A year back, anyone who said the Sensex would near 10000 would have been a laughing stock. Now, it?s likely to cross that before the 2006 Budget. Gurus think it can hit 15K this year. But once it crosses 12K, it?ll be volatile and subject to sharp ?corrections?. The next trigger up? A possible decision on FDI in retail. The Reliance demerger could provide a short-term correction. Is it sustainable beyond 10K? That depends on government action on infrastructure, global liquidity and interest rates.

Published on Jan 01, 2006 11:23 AM IST
PTI |
Arun Kumar/Neha Mehta/Princy Jain/Mayank Tewar/Shreevatsa Nevatiai
The year of the bull
Markets witnessed many tumultuous events, but none of these could halt its march, writes Arun Kumar.

Published on Dec 31, 2005 12:02 PM IST
PTI | Arun Kumar, New Delhi
'All big airports have space problems'
The Civil Aviation Minister talks about Indian airports to Sandeep Bamzai and Arun Kumar. Indian airports' wishlist

Updated on Dec 08, 2005 03:36 PM IST
None |
Sandeep Bamzai and Arun Kumar
'Exports target unrealistic'
He started Polaris Software Lab in 1993 with Rs 10,000 and a dream. Today, it is a $180 million company with specialisation in banking.

Updated on Oct 08, 2005 01:31 AM IST
None | Arun Kumar
'Mexican unit gateway to US market'
Videocon CMD is making rapid moves on the corporate chessboard. A series of acquisitions and restructuring has created a buzz about Videocon all over again.

Updated on Jul 22, 2005 01:41 AM IST
PTI | Arun Kumar
Reliance empire splits
The nearly year-long feud for the division of the Reliance group companies ended on Satuday with Kokilaben Ambani issuing a statement making the separation official. While Mukesh has got flagship RIL and IPCL, Anil got Reliance Energy, Reliance Infocomm, and Reliance Capital.

Published on Jun 20, 2005 03:14 PM IST
PTI | , Mumbai/new Delhi
Piya Singh and Arun KumarDhirubhai legacy divided amicably
This was the ultimate message reaching from Mumbai as Ambanis resolved their turbulent struggle.

Updated on Jun 19, 2005 11:22 AM IST
PTI | , Mumbai/new Delhi
Piya Singh and Arun KumarIndians must upgrade to stay on top of BPO heap
He has two clear objectives - to create wealth which will generate employment and to contribute to the nation building.

Published on Jun 13, 2005 10:35 PM IST
PTI | Arun Kumar
'Change in tariff norms necessary'
After strengthening its foothold in the domestic general insurance market, the Oriental Insurance is now looking at a global landscape.

Published on Apr 13, 2005 06:44 PM IST
PTI | Arun Kumar