India Inc gets ready for new faces

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.

Sonia draws line in the sand; time for Team Anna to back off

Sonia Gandhi's strong statements at the Congress parliamentary party meeting on Wednesday can be dismissed as another effort to rally the troops, but it could also mark a turning point in the UPA's efforts to pull back from the edge of chaos.

Anna, your timing's off: Why fast when Sachin's batting?

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Anna's fast is wrongly timed. With an India-Australia test, the wedding season and holidays in full swing, who'll join a fast for a battle that's already half-won?

Has Pak lost all hope of seizing Kashmir? Don't bet on it

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Citing peace in Kashmir today, Omar Abdullah wants AFSPA revoked. But that peace may be at risk when Pakistan returns to its active sponsorship of jihadi terror.

Market cap below $1 trillion? That's another buy signal

The fall in the BSE's market capitalisation below $1 trillion means there is a potential 70 percent upside in the medium term.

Ranbaxy's sweetheart Lipitor deal just turned sour. Here's why

Ranbaxy's settlement with US FDA will eat away the benefits amounting to $600 million that analysts have built in from Lipitor sales during the six months of exclusivity period.

Investor wealth destroyed: These 5 IPOs lost over 80% in 2011

If 2011 proved anything, it was that investing in initial public offerings was a losing proposition. Investors lost around Rs 4,098 crore in the IPO market.

Why overseas M&A options are off India Inc's menu for now

Given the policy flux back home and uncertainties abroad, Corporate India's appetite for overseas acquisitions has subsided.

Gen Next at India Inc: New faces get ready to take charge

The old is giving way to the new across several companies in India. Firstpost presents five names that represent important generational changes (imminent or already taking place) in some of India's top business houses.

IDFC: Market says dump but analyst say buy ?

IDFC has breached the psychological Rs 100 mark, a level last seen in May 2009.

Mining, pension, banking reform is prerequisite for market to move up

Domestic reforms will not only determine the pace of foreign flows but are also crucial for markets to move higher next year.