Oct 28, 2015 - Indian economy gathering momentum its fundamentals remain strong

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Indian economy gathering momentum its fundamentals remain strong By: Gopal Krishna Agarwal The recent rate cut by the RBI is expected to provide significant support to the Indian economy. The RBI and the central government have now decided to work together to ensure... Advt: Get qualified leads for your business TradeBriefs introduces automated mobile number verification, progressive qualification and other API-based verification. Save time and money! Snapdeal in talks with investors to raise Rs 2,000 crore for its digital services platform FreeCharge FreeCharges parent Accelyst Solutions was bought by Jasper in April for $450 million in the biggest deal involving Indian startups. Tatas, Birlas, Ambanis take discount e-tailers head on Launch online ventures after omni-channel model falls short Asset reconstruction companies no relief for banks that look to sell bad loans Last year, banks put up over Rs 75,000 crore on the block and managed to sell Rs 20,580 crore worth of assets only, data from the industry shows. IDBI, IDFC and the story of infrastructure funding in India Most appear to have forgotten the existence of IFCI, the last of the original developmental institutions, which was run to the ground by successive managements decades ago. Merger of Cairn India into Vedanta to strengthen both cos: Tom Albanese Absorption of cash-rich oil arm Cairn India in Vedanta will strengthen the country's largest diversified natural resources giant and benefit both firms, Vedanta Chief Executive Officer Tom Albanese said. Airtel Board Approves Merger With Augere NEW DELHI: Bharti Airtel today said its board has approved merger of wireless broadband firm Augere's India operations with the company. The company in August h... Government plans to lower its stake in IDBI Bank: Jayant Sinha The government is planning to lower its stake in IDBI Bank as it wants the troubled lender to transform the way Axis Bank has done, Minister of State for Finance Jayant Sinha said. ICICI Bank best private bank in India: Global Finance ICICI Bank, country's largest private sector lender, has been selected as the best private bank in India in 2015 India asks rich nations to come out with a clear roadmap on climate finance New Delhi has once again asked the rich nations to come out with a clear roadmap having new "predictable" and "additional" resource flow to meet requirements of finance of developing countries for supporting their climate actions. New investment norms for MFs, stricter credit rating rules soon The move, indicated by Sebi chairman U.K. Sinha, aims to prevent crises such as the recent one in two fixed income schemes under JP Morgan AMC Indigo brings in new names in Indian IPO market Bankers to IndiGo IPO are Citigroup Global Markets India, JPMorgan India, Morgan Stanley, Barclays Bank, Kotak Mahindra & UBS Securities India. ReNew Power raises $265 mn from new, existing investors PE firms are increasing interest in India’s green energy assets; experts expect more deals, as cost of renewables falls Retail investors give IPO market a miss There have been 16 IPOs this year and seven of these have seen the portion set aside for retail investors remain undersubscribed Sudhir Valia to buy Jaypee wind power assets for Rs180 crore Valia, the promoter of Fortune Financial Services (India) Ltd, will buy Jaiprakash Associates’ wind power assets in his personal capacity Govt said to mull higher foreign investment cap for state banks A higher cap would help government-controlled lenders in raising equity to comply with global Basel III regulatory standards Jaitley sure of meeting fiscal deficit target despite disinvestment hiccups There is no cause for concern on fiscal deficit and the government will meet its target for the current year, says finance minister Arun Jaitley TVS Capital fund buys 4% in Indian Energy Exchange TVS Shriram Growth Fund buys the stake from Bessemer Venture Partners for `81 crore Amazon may launch its own line of clothing The online retailer is courting fashion labels to sell their goods on its site. But if they won't, it might just make them on its own... GMV concept makes no sense & is used by ecommerce players like Flipkart to justify valuations: Jabong's CFO While Indias brick-and-mortar retailers have criticised the GMV methodology, this is the first time that an online peer has questioned the concept. 6 Steps to Control Your Merchant Reputation on Amazon Staying on top of feedback should be a top priority when dealing with the online retailer. Whisky lovers, welcome the Triple Malt Monkey Shoulder, a quirky blend of three single malts, is now available in India and won’t burn a hole in your pocket. Wirecard buys Great Indian Retail Group payments business German payments company Wirecard has agreed to buy the payments business of Great Indian Retail Group, a major southeast Asian electronic payment and e-commerce group. Gap to open two more stores in Delhi-NCR US apparel brand Gap Inc is set to double its store strength in India with the launch of two new stores in the Delhi-NCR region. Infibeam to Set Up Branded Web Stores for Authors Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities Nestle's Maggi Noodles Could Be Back In Indian Stores Next Month The world's biggest packaged food company has been facing a public relations crisis in India, following a ban on its Maggi noodles in May. Reliance Brands to foray into beauty, kids wear segment Reliance Brands to spice up range with beauty products - Company will bring in international brands in colour cosmetics and also fragrances, and enter kids garments India ecommerce story strong, to hit $35 billion by 2019: Nomura According to Nomura, the festive sale season kicked off with a bang for Indian ecommerce players, but still is lower in comparison with China and the US. Telcos threaten tariff hike over call drop penalty Since there is no way to figure out whether a call has got “dropped” due to a problem in the network or whether it was intentionally terminated by a user, the telcos have talked of the possibility of users gaming the system. Mark Zuckerberg Promotes Facebook Growth in India Shut out of China, Mark Zuckerberg is training his sights on India as a source for future growth. The Sorry State Of India's Borders Conditions are so bad that some of India's villages and settlements along its north-eastern border are not even covered by Indian telecom companies. The residents have to use Nepali SIMs. #kirenrijiju #nepal BlackBerry ropes in Narendra Nayak as new India head BlackBerry India announced Narendra Nayak as the new managing director for the company's India operations. Vinod Khosla exits mobile payment company Square's board Mobile payment company Square said director Vinod Khosla, has left its board ahead of its initial public offering. Why Idea Cellular chose Bharat over India By offering its own-branded 4G smartphones bundled with 4G data, Idea Cellular plans to attract data users to enhance the customer base in a bid to ta.. WhatsApp's Co-Founder on How the App Became a Phenomenon WhatsApp doesn't do much PR. With 900 million users, it doesn't have to. But co-founder Brian Acton opened up to WIRED about how that growth happened. 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