Nov 12, 2015 - Ola acquires trip-planning app company Geotagg

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Ola acquires trip-planning app company Geotagg Ola is investing Rs 120-150 crore to launch its intra-city bus service, which it is piloting in the Delhi-National Capital Region. Advt:Why Investments in Dubai Real Estate is safe through Escrow Why Investments in Dubai Real Estate is safe through Escrow Indiabulls Housing Finance buys 40% in UK bank Company to pay Rs 660 cr for stake in a OakNorth Bank, which is focused on small and medium enterprises in UK 'Payments Banks' eye utility bill operations, too Licence winners keen to get permit to run utility bill payment facility, seek info from NPCI. Government working on plan to curb NPAs in public sector banks The government is working on a plan to tackle bad loans at public sector banks that curtail ability to lend and stifle private investment. State Bank of India join hands with Emirates bank for easier remittances State Bank of India join hands with Emirates bank for easier remittances - Emirates NBD has expanded its partner bank network in India to include State Bank of India (SBI) for the DirectRemit 60 seconds remittance platform. Why investors are betting big on mortgage lending business Mortgage lending is turning out to be a solid bet for investors thanks to government schemes like 'Housing for All' by 2022. SBI to launch mobile wallet ''Batua'' for feature phone users next month SBI is set to launch mobile wallet "Batua" next month and the service will be available to existing as well as non-SBI customers. India, China taking advantage of US: Donald Trump Terming China as "number-one abuser", leading Republican presidential candidate Donald Trump has alleged that the Communist nation, along with India, is taking advantage of the US through its economic policies. How India's new securities market regulator found its feet By April 1992, Sebi had become the statutory regulator, but a kind of vacuum existed for the next few months. Defence soon to be key driver for India's economy: DIPP Secretary of The Department of Industrial Policy and Promotion says the challenge for the govt. now is to make investment in India easier. Creation of market the first step in Make in India: GE and Alstom Need a high degree of localization to succeed, say GE South Asia CEO and Alstrom Transport India MD Spurt in Bank of India bad loans shows fragility of recovery Bank of India’s gross bad loan ratio has more than doubled in the last four quarters from 3.54% to 7.6% at the end of September India makes strong pitch for climate finance ahead of Paris climate summit With the world expecting to sign a global climate deal in Paris next month, India on Tuesday said that the crucial issue of post-2020 finance would be fundamental to the success of the climate summit in the French capital where the countries would hopefully arrive at an agreement next month. Fungibility for FDI, FII stake in private banks to help spur capital flows Axis, Yes and Axis Banks may be in focus BS REPORTERThe government move to provide full fungibility in foreign direct investment and foreign institutional investment (FII) in private banks is expected to attract more capital in Indian banking sector 5 banks roped in for PNB Housing Finance’s IPO Company expects to raise about Rs2,500 crore, which will be used to increase lending, offer new products Four women from finance, two from energy in Fortune India list When it comes to powerful women in business, as many as four of them from the financial services sector have made a cut in the Fortune India list. Arundhati Bhattacharya, Chairperson of country's largest bank SBI, remains the most powerful The worst may not be over for Bank of Baroda The bank has a substantial exposure to metals, and iron and steel sector, which is hit by commodity down cycle and slowdown in China Lessons from layoffs at Zomato, TinyOwl and Housing.com Are they the first signs of a bursting bubble or that the start-up ecosystem is robust and can make mid-course corrections? Rising food prices to hit rural India in 2016 Rising food prices may hit rural India in 2016 - Villages in India are likely to face a sharp spike in food prices in 2016, as a second year of drought drives up the cost of ingredients such as sugar and milk, and poor transport infrastructure stops falling global prices from reaching rural areas. Jack Ma on why Alibaba's nothing like Amazon: 'We believe every company can be an Amazon Alibaba chairman Jack Ma recently argued that China's Alibaba is a different kind of business than e-commerce giant Amazon. Women's legwear Go Colors to expand overseas and in India City-based women's legwear company Go Fashions India plans to expand its international and domestic footprint and also its product range, said a top company official. Retail push: Govt takes baby steps towards FDI in e-commerce The government on Tuesday allowed single-brand retailers such as Marks & Spencer and Adidas to directly enter the online retail segment, while also creating a platform for "Indian manufacturers" such as Fabindia and Hidesign to boost their e-commerce business- moves that were seen as limited opening of business-to-consumer (B2C) e-commerce for overseas investors. Cheer for cos like Apple, Rolex as government eases local procurement guidelines In a major leg-up for global brands such as Apple and Rolex, India has relaxed a mandatory local procurement condition for high-tech companies. The logistics of a store remodel Store remodels can yield big results, according to Atlas Logistics, with a 7% to 10% increase in sales to existing customers. China's 'Singles Day' Is Business Boon for Online Shopping The holiday known as Singles Day was originally a way to celebrate single life in China, but has become a major shopping day, surpassing Cyber Monday. Online shopping is killing a category that retailers have been relying on for years, impulse buys Companies that sell impulse buys like candy, mint, and gum to customers waiting near the cash register are scrambling to find new solutions. Veeba Foods starts selling ingredients directly to retail consumers With this diversification, the company expects to reach a turnover target of Rs 400 crore by 2019. Monthly revenue has been about Rs 1 crore, he said. Your abandoned shopping cart is costing e-commerce players $10bn yearly Cart abandonment by online shoppers in India is resulting is a revenue opportunity loss for ecommerce platforms, amounting to a whopping $10bn per year, says re 15 top-funded ecommerce startups in India this year- with a few surprises ... The ecommerce boom in India continues unabated despite talk of hyper valuation. Here’s a look at who’s guzzling the VC money. MRPL's retail outlets to come up soon In the first phase, the company is likely to open 50-60 retail outlets. Maggi returns, but the road ahead will not be easy Business Today Business TodayTherefore, it's important that Maggi is extremely aggressive with its retail activation," observes Peshwa Acharya, Former Chief Marketing Officer at Reliance Retail and Founder of www.thinkasconsumer.com (a growth accelerator for start-ups). The Maggi ...sp;» India telcos warn dropped call fines will cost €7.6bn a year At the same time, problems like removal of towers from certain areas by authorities should be adequately addressed, Trai added. Smartphone Addiction Is on the Rise, Are You Addicted Yet? According to Deloitte Global Mobile Consumer Survey 2015, Indians are more addicted to their smartphones than ever. US judge rules against NSA in phone spying case A US federal judge for the first time ordered the National Security Agency to cease collecting the phone call records of a lawyer and his firm. Flipkart's U-turn on app strategy? Relaunches mobile website The e-commerce startup launches a mobile site that's a mobile app in disguise. 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. Amazon launches a project code-named Udaan to go offline across the country Amazon, which is on its way to become India's top online marketplace, has launched a project code-named Udaan to go offline across the country . Baidu expresses interest in acquiring majority interest in Mydala, Indias largest discount marketing firm, for as much as $100 million Baidu has expressed interest in acquiring majority interest in Mydala, India’s largest discount marketing firm, for as much as $100 million. AskmeBazaar starts an online community to help sellers to interact and share insights on their experience doing business online AskmeBazaar has started an online community to help sellers to interact and share insights on their experience doing business online. MobiKwik partners with Archies, Sagar Ratna and Mobiliti World to expand its reach in the offline space According to the press release, the company is expecting offline payments to contribute 50% of its total GMV over the next 12 months. In the last 3 mo.. 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. 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