Nov 10, 2015 - Why we need affirmative action in the private sector

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Why we need affirmative action in the private sector Aakar Patel on why reservations in the corporate sector would be counterproductive Advt:Why Investments in Dubai Real Estate is safe through Escrow Why Investments in Dubai Real Estate is safe through Escrow Foreign brokerages don’t expect big Bihar fallout, advise buying on dips Foreign brokerages are predicting a period of caution for investors after Bharatiya Janata Partys (BJP) crushing defeat in Bihar elections. Paytm’s Vijay Shekhar Sharma may dilute up to 1% stake to fund payment Vijay Shekhar Sharma, the founder of Alibaba-backed digital payment and ecommerce company Paytm, may dilute up to 1% stake in holding company One97 Communications Ltd to fund his payment bank operations. In India bank account penetration surges, but 43% dormant Globally, 15% of adults with an account at a financial institution, representing about 460 mn people, reported making no deposit or withdrawal in 12 months. Hinting at economic revival, large banks see surge in big corporate loans Private sector banks, including HDFC Bank and Axis Bank, posted a 25% year-on-year growth in large corporate loans in September, while SBI recorded a 21% increase. Investors losing appetite for ‘Hope Trade’ stocks like L&T, UltraTech Appetite to own shares of L&T and UltraTech stocks, which along with some others, embody the classic ‘hope trade — has been on the wane. IIFCL asks govt to reduce stake to 51% in bid to widen capital base IIFCL asks govt to cut holding, aims to present itself as an alternative source of finance for infra developers Why the government’s gold monetisation schemes may just work The schemes’ hope is to meet Indian investors’ desire for exposure to the price of gold but alleviate the need to hold physical gold or improve the productivity of the gold held Paytm to hire 3000 people for payment bank operations Mobile commerce platform Paytm on Monday said it will hire about 3,000 employees for its payment bank operations by June next year. What the market expects from Modi govt after Bihar verdict Market to Modi: Work with Opposition & states to push through reforms Mid- and small-cap funds: good long-term fit The category can be added to portfolios but choose the scheme wisely and only if you can bear short-term risk Bank of India's borrowing downgraded due to weak asset quality Icra said that rating is revised due to pressure of profits due to deterioration in asset quality over the last few quarters. Why Rajan Should Now Target Private Equity Private equity funds have made huge investments in real estate companies. ​​That's where the fun and games begin... Baidu in talks to buy majority stake in Mydala for $100 million Baidu has expressed interest in acquiring majority interest in Mydala, Indias largest discount marketing firm, for as much as $100 million. Fitch says no impact of Bihar elections on India's economy The Bharatiya Janata Party may have got a drubbing in Bihar and the Sensex appears to have taken it badly, however international ratings agencies say this isn't going to alter their medium-term outloo Bad loan problem gradually bottoming out, say Indian banks Indian banks believe their bad loan problem is bottoming out even as sticky loans continued to haunt both public and private sector lenders in the quarter-ended September. India's Andhra Bank seeks to sell $209 mn worth bad loans to ARCs Andhra Bank is seeking to sell bad loans worth about 13.88 billion rupees ($209 million) to asset reconstruction companies, according to a newspaper advertisement on Monday. Demand for global rupee bond: IFC floats Rs 170-crore Masala issue IFC has launched a Rs 170-crore ($25-million) masala bond issue, betting on the growing interest in India among international investors. Logistics player Connect India aims to reach the unreachable By January 2016, Connect India will open 5,000 outlets, which are likely to generate 30,000 jobs, and 500 CICs handling 100,000 shipments. Trademark battle: H&M sends notice to Mumbai retailer HM Mega Brands H&M, which opened its first store in the country last month, has said that using the acronym "HM" amounts to trademark infringement. Small buys add up to a big rise in festival season sales While sales of homes may be subdued this Diwali, small-ticket items are selling well. Indeed, not too many have bought an apartment in the last couple of years and because there’s no EMI... Gold shines on Dhanteras, coins are back in favour Jewellers in rural areas, however, witness lacklustre sales China's online retail sales to touch $ 1.6 trillion by 2020 The e-commerce sales will have penetration rate doubling from the 2014 level to 22 per cent, a report by Bain&Company and Alibaba said. Deloitte survey confirms Indians addicted to smartphones According to Deloitte Global Mobile Consumer Survey, 2015, smartphones have become a near-necessity for consumers as checking their phone is one of th.. Apple takes lion's share of 4G handset market in India American tech giant Apple has the biggest share of the total 14.8 million 4G-enabled devices active across all important frequencies in the country, says a study by Nokia Networks. Among the top 15 4G models, Apple dev Google mobile web effort lands India's Flipkart The e-commerce startup launches a mobile site that's a mobile app in disguise. 78 Percent Indian Smartphone Users Check Phone on Waking Up NEW DELHI: About 28 percent of smartphone owners in India look at their devices at least 11-25 times a day, while 22 percent check their phones at least 26-50 t... How Mobile Platforms are driving a true 'Digital India' Gender diversity can bring great value to an organization and its business strategy. With this in mind, mobile platforms are going beyond just being a means Thomas Cook launches India's first foreign exchange mobile app Thomas Cook (India) today launched 'foreign exchange app', a consumer-empowering one stop shop for foreign exchange transactions. 4G LTE Isn't Just A Data Connection ; Here Is All You Need To Know About it. 4G Smartphone sales have gone through the roof – every Indian telecom operator has already launched or in process of launching their 4G services. However, many of us still think that 4G is just about high-speed data. This is simply not true. Here is we try to explain 4G in more detail! Ecommerce search engine Skoov raises $150K; plans to raise $3 million in Series A round It plans to raise $3 million in Series A round. 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