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Tuesday, October 20, 2015

Oct 20, 2015 - Maruti launches Ciaz RS variant starting at Rs 9.2 lakh

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Maruti launches Ciaz RS variant starting at Rs 9.2 lakh

Maruti SuzukiBSE 0.24 % India today launched a variant of its mid-sized sedan Ciaz priced at Rs 9.2 lakh and Rs 10.28 lakh (ex-showroom Delhi).


 


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ET Awards 2015: Former TCS CEO S Ramadorai gets Lifetime Achievement award

S Ramadorai is now chairman of the Indian operations of AirAsia, a venture that marks the Tata Groups return to the aviation industry.



109-year old Hamdard aims to revamp its biz
109-year old Hamdard aims  to revamp its biz - Business Standard
Brand extensions of Rooh Afza expected in ready-to-drink category


Reliance Jio likely to delay its December pan-India launch, integration of services with its devices ecosystem is taking time

Reliance Jio has announced that its first 4G capable smartphone will be released under the 'LYF' brand. The telecommunications giant recently announced its



E-tailers Scale Up On Outsourced Supply Chains; reaching the country wide 19,000 pincodes from current penetration of 3500 this holiday sale season is a challenge for all e-tailers

Three large etailers will deliver a cumulative revenue of Rs 6,000 crore in under a month and would define the need for supply chain businesses which use disrutive technology for deliveries, writes Vi



At least 65% recruiters in India use employee referral programmes to get talent database

Indian recruiters were also the most confident about measuring the quality of their hires as opposed to recruiters in markets like China and Australia.



Localbanya is 'temporarily' out of business
Localbanya is  'temporarily' out of business - Economic Times
"The company is also trying to change the model of sourcing merchandise from large retailers or cash-and-carry players to consumer goods companies directly."


iPhone 6s sales sluggish in India: Here's why iPhone 6s didn't recreate the magic in India

Apple's latest iPhone 6s models were launched amid grand fanfare in India at the stroke of midnight on 16 October. But even before the devices went on sale, pre-booking figures gave a glimpse into a rather sluggish demand than expected.



Former chairman of Axis Bank PJ Nayak says consolidation can create only big weaker PSBs

The government has reportedly identified some of the weak state-run banks to be merged with large ones.



FinMin seeks India Inc views on certain GST provisions; Industry asked to submit their views

GST will subsume various levies like excise, service tax, sales tax, octroi, etc, and ensure a single indirect tax regime for the entire country.



Standard Poor's Affirms Ratings on India's Debt at BBB-Minus

NEW DELHI-- Standard& Poor's on Monday reaffirmed its stable outlook on India's BBB-minus long-term debt rating, saying the country's external.



4G Smartphones at Rs. 4000: 10 Facts About Reliance Jio's Big Telecom Plans

Reliance Jio, a subsidiary of oil-to-retail conglomerate Reliance Industries, is planning a limited launch of its digital services in December. Reliance Industries will launch its 4G LTE smartphones under the brand LYF before Jio services are rolled out. Full commercial launch, however, is likely to happen in 2016-17. Reliance Industries has so far invested around Rs 95,000 crore in rolling out Indias biggest 4G broadband network.


IndiGo Airlines IPO to open on October 27, price band Rs 700-765 of total offer of Rs 3,200 cr

The operator of top Indian airline IndiGo is looking to raise up to $510 million in its initial public offering (IPO), according to sources, betting on an improved financial outlook helped by lower oil prices and surging passenger growth.



Vicco chairman Gajanan Pendharkar passes away
Vicco chairman Gajanan  Pendharkar passes away - Times of India
Those in their 40s have indelible childhood memories of the 'Vicco turmeric ayurvedic cream' jingle telecast before the popular television series 'Yeh Jo Hai Zindagi' in 1985.


Tata Communications eyes acquisitions to improve product and solutions profile

Tata Communications is currently present in areas such as wholesale voice, media, digital connectivity, network outsourcing, and global networks.



Dabur to invest Rs 100 crore in beauty retail chain NewU

The company, which crossed Rs 100 crore in revenue in the previous financial year, will focus on upgrading the ecommerce portal, adding about 20 stores each year.


Why BSE’s cheekiness is not appreciated in some quarters

Despite the apparent speed differential, BSE hasn’t been successful in garnering greater volumes



Air India not to seek compensation from Boeing for delayed deliveries of 6 Dreamliner aircraft for more than 2 years

Boeing has delayed deliveries of six Dreamliner aircraft to Air India by more than two years and the airline has decided not to seek compensation.



Wal-Mart paid millions of dollars in bribes in India: WSJ report

US federal investigators looking into allegations of corruption by Wal-Mart in Mexico have found, instead, millions of dollars in bribes the big-box retail giant paid to officials in India.



Infosys to go ahead with its 3rd acquisition this year : Will acquire energy consultant Noah Consulting for $70 million in cash

Infosys said it would buy Noah Consulting, which provides information management consulting services in the oil and gas sector, for $70 million in cash.



PNB Housing Finance plans Rs2,500 crore IPO

PNB Housing is expected to give out mandates for its IPO over the next few weeks



Adecco India Appoints Anviti Sangwan As Human Resource Director

Angelo Lo Vecchio, country manager and managing director of Adecco India appointed Anviti Sangwan as the Human Resource Director.In her role, Anviti will be responsible for bringing in business focuse



Google offering free Apps for Work to some customers

Google will give businesses access to the suite, which includes Gmail, Calendar, Google Drive, Google Docs and other programs, at no cost through the remainder of their current agreements.



Hyderabad duo brews a health drink
Hyderabad duo brews a  health drink - The Hindu
It all started with an innocent entry to a beer-making competition! The experience gained in the brewery sparked off a bright idea that got the duo of Arjun R. Krishna (25) and Damini Mahajan (24) a funding of Rs. 50 l


After festive sale rush, all eyes on logistics

Amazon India claims to have already shipped 60% of the customer orders within six hours of their placement. For those who chose fast-track delivery, all the orders were fulfilled on time, as per an Amazon India spokesperson.


Walmart paid millions in bribes in India: WSJ

In 2013, Walmart had shelved plans to open retail stores, severing a joint venture with Sunil Mittal's Bharti Enterprises



Builders to pay for damages in Delhi, According to Trial Court
Builders  to pay for damages in Delhi, According to Trial Court - ET Realty
A trial court has said that buyers can claim damages from builders if the latter fails to hand over the property on time.



This December, PM Modi to make exciting announcements for startups and Entrepreneurs

New announcements to come after PM Modi had announced a new campaign 'Startup India; Stand up India' to promote bank financing for startups in his Independence Day speech



HCL to acquire privately held engineering services firm Concept to Silicon Systems

Technologies Ltd has under a definitive agreement acquired a Bengaluru-based privately held engineering services firm C2SiS for undisclosed sum.



Fast food rivals expand, hitting Yum sales in India
Fast food rivals expand,  hitting Yum sales in India - ET
India accounts for only about one percent of Yum's global sales, but Asia's third-largest economy is a key growth market for companies like Yum, which are betting on an emerging middle class and its appetite for fast food.


Vodafone plays the retail tune

The company is banking on its vast network of stores and people-to-people interactions to build its brand


Suraksha Diagnostics in talks to raise Rs200 crore

This will be the second round of fund-raising for the diagnostic chain, which raised Rs50 crore in Feb 2013



Google is looking to expand in Gurgaon

Google has leased 4,30,000 sq ft of office space from real estate developer Unitech in the second phase of its Signature Towers II project in Gurgaon. The tech giant already has 160,000 sq ft of space spread over eight floors in the same complex.


 

Foundation Stone of Vijayawada Airport's New Terminal Laid; airport to have a current capacty of 35,000 passengers monthly

AP Chief Minister Chandrababu Naidu on Monday laid the foundation stone for the new terminal at Gannavaram Airport in Vijayawada amidst the presence of Union Urban Affairs Minister Venkaiah Naidu, Union Minister Sujana Chowdary and Union Civil Aviation Minister Ashok Gajapathi.



How websites are getting caught in Apple Google's competing visions?

But as Apple focuses on apps and Google pushes the mobile Web, businesses are grappling with a fragmenting online world.



Corporate earnings likely to remain subdued in Q2: Crisil
Corporate  earnings likely to remain subdued in Q2: Crisil - Economic Times
The second quarter results season kicks in from Friday with IndusInd Bank Ltd leading the pack of companies announcing the results on day one.


China, India challenge Silicon Valley for venture funds

In the third quarter, investments in the two countries rose to $16.9 billion, a shade less than the $17.5 billion invested in North America



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