Oct 27, 2015 - Blackstone to invest in cement, consumer lending in India

View online   Advertise              Unsubscribe from TradeBriefs Business Daily

Blackstone to invest in cement, consumer lending in India Blackstone, which established its office in India in Aug 2005, has since then committed $3.5 billion Advt: Get qualified leads for your business TradeBriefs introduces automated mobile number verification, progressive qualification and other API-based verification. Save time and money! Vertex Venture to increase investment pace in India, focus on early-stage ventures Vertex Venture Management will actively look to make early-stage investments in India, a region where it has primarily struck mid-to-growth stage deals till date. Why HDFC’s stock fell 2% despite meeting net profit forecasts While HDFC’s net profit growth of 18.2% was more or less what analysts had forecast, investors were not pleased with other performance metrics India's economic growth estimates overstated: Nobel laureate Deaton Princeton economist Prof Angus Deaton, who won this year’s Nobel prize in Economics, has said India’s estimates of economic growth — now projected to overtake China’s — could be exaggerated, and worryingly, the country’s poverty levels might be higher than what official numbers show. JPMorgan targets new branches in India for wholesale banking On September 29, 2015, the RBI cut interest rates by 0.5% to 6.75% - This may well be the spark to ignite a lending boom in India.The IMF forecasts Indian growth at 7.3% pa for 2015 and 7.5% for 2016, TVS Logistics may go public next year At a valuation of Rs3,500 crore, the IPO size could likely be anywhere between Rs800 crore to Rs1,000 crore India a key market as emerging marke are slip: Atul Singh, Julius Baer Julius Baer is seeking to expand its presence in India, encouraged by India's strong macro-economic fundamentals and the wealth creation opportunities it offers. What are the stocks that pass Warren Buffett's 'basic screen test' of value investing There are several investors in the United States who have built the 'Warren Buffett portfolio', following the strategy of the famous value guru. Crompton Greaves to divest its Canadian power systems business Avantha Group company Crompton Greaves has agreed to sell its power systems business in Canada to PTI Holdings Corp. for C$20 million Can India really be the ‘next China’? India is a very different country than China on many fundamental dimensions, demography and democracy being key. IndiGo’s Rs3,000 crore IPO opens today IndiGo has fixed a price band of Rs700-765 for the IPO that will close on 29 October Diminishing a bank's traditional role A financial intermediary is one that acts as a middleman between two parties in a financial transaction. The most common intermediary is a bank but the category also includes entities such as insurance companies, mu Ready, Set, Drone: Walmart Joins Amazon, Google In Testing Delivery Drones Walmart has applied to U.S. regulators for permission to test drones for home delivery and curbside pick up. Hamleys eyeing presence in 25 Indian cities; opens Kolkata store The UK-based toy store already has 14 outlets in 8 cities Offline retailers upbeat on festive sales Online retailers have tasted success this festive season after the recent sales went off smoothly Plan to expand presence in 200 stores in coming months: Spawake India CEO WellnessIndia.com WellnessIndia.com. Spawake is a skincare cosmetics brand developed independently by Japan's KOS Corporation to meet the needs of, and growth potential in the Indian cosmetics market. Aeropostale using flash mobs for Indian debut American clothing brand Aeropostale, which plans to enter the fast growing Indian market, is using flash mobs for its India entry. Tata, Birla, Ambani to fight discount e-tailers head-on Launch e-tail ventures after omni-channel retail comes short of fighting digital rivals Tribhovandas Bhimji Zaveri to take franchisee route for expansion The company plans to focus more on the franchisee stores and reduce dependence on its own stores, said Zaveri. "It will be a 60:40 mix," he said. Swarovski to Make a Sparkling Debut in India with Own Stores - BANGALORE: The world’s second largest jewellery market India is all set to welcome Australian... Call drops threaten Digital India The meeting, which has been called suo motu, is set to be preceded by a joint letter by telcos, highlighting issues that require clarification, which may go out on Tuesday. Facebook meets skepticism in bid to expand internet in India The service has been entangled in the net neutrality debate since it was launched and many people in the country still do not know much about it Airtel to spend an extra $200-400 million capex in India this FY on 3G, 4G sites The country’s No. 1 telco has estimated its capex for India and South Asia to be at $2.3 billion, most of which would have been on India. Disruption in the Telecommunication Industry: African telecom firms must innovate In 1994 when mobile telephony started in Africa, telecommunication revolved around the rich. Between 1994 and 2014, mobile phone subscribers across Africa rose to 329 million and revenue from voice, message and data crossed $75billion mark in 2013 contributing 5.4% of sub-Sahara Africa GDP. And today, Africa is the largest growing mobile phone continent in the world. However, the past few months have witnessed a period of decline in profit as a result of competitions among the mobile operators and growth in Over-the-top services (OTTs). Various reports suggest that the worst is yet to come for the industry. According to Detecon Consulting; “OTT services market is expected to overtake the mobile services market by 2021.” Ovum, the London based research firm predicts that the telecommunications industry will lose $479 billion between 2012 and 2020 from customers using over-the-top (OTT) voice applications. Across the continent, services such as Whatsapp, Skype, Facebook, BBM are becoming Vodafone partners with JCB India for remote monitoring of equipment Vodafone India's enterprise division today said it has tied up with construction equipment maker JCB India to provide remote monitoring services of the machines, also known as machine-to-machine (M2M) services and said it eyeing more such engagement Why Facebook's internet for all is a tough sell in India The skepticism of phone sellers and the weaknesses of Facebook’s Indian partner are just two of the problems that have bedeviled Zuckerberg’s project so far. Flipkart sells $200 million worth of mobile phones during 'Big Billion' sale Mobile phones made up two-thirds of the $300 million worth of products purchased by consumers during the sale, which started on October 13. Startups like Shopclues, Indegene tie up with fitness chains like Golds Gym, FitMeIn to keep employees fit in metros An aggregated external workout programme gives employees the flexibility of choosing the type of workout they want to be involved with, ensuring larger participation. Ratan Tata, Mohandas Pai invest in LetsVenture in a Series A round of funding last week, join platform as advisers Tata Sons chairman emeritus Ratan Tata and former Infosys director TV Mohandas Pai are among the 18 investors that recently put money in LetsVenture, the Bangalore-based online deal making platform that connects startups with investors. Both have also joined LetsVenture's advisory board, the company said in a statement. It didn't disclose the amount the duo invested. Pharma marketplace Netmeds.com raises $50 million in a round of funding led by health-care focused, mid-stage private equity firm OrbiMed Pharma marketplace Netmeds.com has raised $50 million in a round of funding led by health-care focused, mid-stage private equity firm OrbiMed. Mckinsey Snapdeal claims 1M mark for active product listings on mobile marketplace Shopo; app offers 14 categories Snapdeal said on Monday that Shopo, its recently launched ‘zero-commission’ mobile-based marketplace, has crossed the one million mark for active product listings. Diagnostics tests booking app Medd raises $150,000 (about Rs 1 crore) in a bridge round of funding from a group of angel investors Diagnostics tests booking app Medd has raised $150,000 (about Rs 1 crore) in a bridge round of funding from a group of angel investors. India's ecommerce market to breach $100 billion mark by FY20: Goldman Sachs The overall online market, including travel, payments and retail, in the country could reach $103 billion, the US investment bank said in a report. Direct selling companies hit by ecommerce; HUL, Eureka Forbes embrace change Distributors of Amway, Oriflame and Tupperware are selling products online through Flipkart, Snapdeal, disrupting the direct-sales business model. Government preparing law to let brick and mortar stores remain open throughout night to level the playing field between online and offline Experts said the changes being proposed would give a big push to the retail sector, putting it on a stronger footing against the online challenge. TradeBriefs Publications are read by over 10,00,000 Industry Executives India Business Brief | India Retail News | India Food Brief | India Telecom Brief | India Finance Brief | India Software Brief | India Digital Brief | India Ecommerce Brief | India Franchise Brief | India HR Brief | India Logistics Brief | India Construction Brief About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India