Besta Shankar

Articles by Besta Shankar

Email : editor@ibtimes.co.in

All Eyes on IMD Monsoon Forecast; Will El Nino Result in Poor Rainfall?

Many agencies including the IMD see a high probability of the occurrence of El Nino, a condition that is linked to poor monsoons in the country

Apr 21, 2015

oil-rig-pumpjacks-also-known-as-thirsty-birds-extract-crude-from-the-wilmington-field-oil-deposits-area-where-tidelands-oil-production-company-which-is-owned-by-occidental-petroleum-corporation-operates-near-long-beach-california-in-this-july-30-2013

Current Rally in Crude Oil Prices Fuelled by 'Tourists', Says CITI

Sub-$50 is a reasonable price for crude in 2015, said Klienman.

Apr 21, 2015

A woman tries on a gold earring inside a jewellery showroom at a market in Mumbai

Will Gold Bought This Akshaya Tritiya Hold Value?

Although the decline in prices may lure many to purchase more gold this Akshaya Tritiya, analysts remain doubtful on the metal retaining its value bought at current levels.

Apr 21, 2015

Wipro Q4 Earnings in Focus After Disappointing TCS, HCL Results

Analysts polled by NDTV expect Wipro to witness a cross-currency effect of 220 bps on its income in March quarter.

Apr 21, 2015

Strong Recovery in Crude Oil Prices Unlikely, Says Analysts

Crude oil prices rallied sharply last week rising hopes of trend reversal in the commodity prices but analysts believe that oil market still has to overcome significant challenges to see a sustainable rebound.

Apr 20, 2015

Sensex Plunges Over 1,000 Points in Four Trading Sessions; Good Time to Invest?

Analysts are not perturbed; instead they see a rebound after the benchmark indices reach their key support levels.

Apr 20, 2015

Snapdeal Raided for Selling Prescription Drugs Online; Flipkart, Amazon Under Scanner

Snapdeal was selling drugs such as Ascoril cough syrup, Vigora tablets, and other medicines online.

Apr 20, 2015

India's Investment Climate 'Better' Than Other BRIC Countries, Says Report

Most companies in Germany, the largest economy in the eurozone, now see India as the best performing nation among BRIC members, according to a study.

Apr 20, 2015

a-gas-nozzle-is-used-to-pump-petrol-at-a-station

Reliance to Re-open All Retail Fuel Outlets by March Next Year

The company has already re-opened over 320 fuel outlets.

Apr 18, 2015

Apple's Tim Cook is Most Cost Effective CEO in US, Says Bloomberg Pay Index

The iPhone maker paid Cook just 0.2 percent of its three-year average economic profit of $28.6 billion, the lowest compensation.

Apr 18, 2015

TCS Market Capitalisation Reduced by 20,000 crore rupees, Outlook Remains Cautious

Worse-than-expected results saw TCS shares sliding by 4.22 percent on Friday, posting its biggest losses in six months.

Apr 18, 2015

Crude Oil's 10% Rally This Week is Not Justified: Commerzbank

Brent crude oil prices increased to $65 per barrel on Friday, its highest level in more than four months.

Apr 17, 2015

Ola Becomes Third-Most Valued Start-up After Flipkart and Snapdeal

Online cab aggregator Ola is now the third-most valuable venture-backed company in India after Flipkart and Snapdeal.

Apr 17, 2015

Moody's Less Optimistic on India's GDP Growth

Moody's Analytics forecasts India to grow by 7.3% in the current fiscal year.

Apr 17, 2015

El Nino Threatens to Parch India, Hit Agriculture; Food Prices may Rise

Changes of El Nino conditions appear to be materialising this year. This could result in increase in food prices in the short-term, says Nomura Holdings

Apr 17, 2015

petrol-price-cut-by-rs-2-42-per-litre-and-diesel-by-rs-2-25-a-litre

Will Petrol, Diesel Price Cuts be Reversed?

Current scenario in the global crude oil markets remain different, with Brent crude oil price trading at $63 per barrel, the highest price level this year.

Apr 16, 2015

Mukesh Ambani, Chairman and Managing Director Of Reliance Industries Ltd.

Reliance Industries Q4 Profit Likely to Reach Record High on Higher Refinery Margins

The Mukesh Ambani-controlled RIL is estimated to post a net profit of 5% for the last quarter of fiscal year 2014-15, on the back of improved gross refining margins

Apr 16, 2015

Microsoft CEO Satya Nadella speaks during a Microsoft cloud briefing event in San Francisco

Microsoft's Satya Nadella Top Paid CEO in US, Says Report

Indian-origin Satya Nadella, who heads Microsoft Corporation, is the top paid CEO in the US, with a pay of $84.3 million (Rs 525 crore) a year, according to Equilar.

Apr 16, 2015

Former US Employee of TCS Files Lawsuit Against the Company 'Favouring South Asians' in Hiring

Steven Heldt, ex-TCS employee, who filed the lawsuit, alleged that a "substantial anti-American sentiment" prevailing in the company led to his termination.

Apr 16, 2015

Falling US Oil Production Lifts Crude Oil Prices

Crude oil prices continue to recover from the lows hit in March, supported by a fall in US oil production.

Apr 15, 2015

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Articles by Besta Shankar

All Eyes on IMD Monsoon Forecast; Will El Nino Result in Poor Rainfall?

Current Rally in Crude Oil Prices Fuelled by 'Tourists', Says CITI

Will Gold Bought This Akshaya Tritiya Hold Value?

Wipro Q4 Earnings in Focus After Disappointing TCS, HCL Results

Strong Recovery in Crude Oil Prices Unlikely, Says Analysts

Sensex Plunges Over 1,000 Points in Four Trading Sessions; Good Time to Invest?

Snapdeal Raided for Selling Prescription Drugs Online; Flipkart, Amazon Under Scanner

India's Investment Climate 'Better' Than Other BRIC Countries, Says Report

Reliance to Re-open All Retail Fuel Outlets by March Next Year

Apple's Tim Cook is Most Cost Effective CEO in US, Says Bloomberg Pay Index

TCS Market Capitalisation Reduced by 20,000 crore rupees, Outlook Remains Cautious

Crude Oil's 10% Rally This Week is Not Justified: Commerzbank

Ola Becomes Third-Most Valued Start-up After Flipkart and Snapdeal

Moody's Less Optimistic on India's GDP Growth

El Nino Threatens to Parch India, Hit Agriculture; Food Prices may Rise

Will Petrol, Diesel Price Cuts be Reversed?

Reliance Industries Q4 Profit Likely to Reach Record High on Higher Refinery Margins

Microsoft's Satya Nadella Top Paid CEO in US, Says Report

Former US Employee of TCS Files Lawsuit Against the Company 'Favouring South Asians' in Hiring

Falling US Oil Production Lifts Crude Oil Prices

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'