Nov 25, 2015 - Three firms to launch IPOs in December to raise over Rs2,500 crore

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Sree Vijaykumar From the Editor's Desk Think of your online information consumption in much the same way as you think about food. As Winfred Gallagher argues in his book 'New', a healthy information diet requires the self-control necessary to focus on the nutritious new things that have long-term value and ignore the junk that compromises our mental and emotional fitness. Empty Internet calories can play havoc with your information metabolism and interfere with your ability to think, but like greasy fries and supersized sodas, the bad stuff doesn't force itself on us. We need discipline and better taste. - Comment Three firms to launch IPOs in December to raise over Rs2,500 crore Alkem looks to raise up to Rs1,500 crore, Narayana Hrudayalaya aims to raise Rs700-800 crore and Dr. Lal Pathlabs aims to raise Rs600-700 crore Advt:Affordable Housing Schemes in Dubai with Post hand over payment plans Affordable Housing Schemes in Dubai with Post hand over payment plans From hardware research engineer to cricketer, the banker to beat Srinivasan has aced many roles he has played over the years — bond trader, corporate banker, even a cricketer once. And it is a career that still has a long way to go. Visa, MasterCard scramble to get a slice of payments bank pie The companies had missed the chance when the government decided that bank accounts opened under the Jan Dhan Yojana would be powered by RuPay The bond market isn’t worried about the 7th Pay Commission impact The yield on the 10-year benchmark government security has gained a measly 3 basis points since the panel’s recommendations were made public Government may reject ONGC’s call for premium pricing of KG field gas The rejection could come on the grounds that a national policy cannot be altered for a single company and that the benefit of premium will not be enough. Paisabazaar, Equifax join hands to offer free credit scores Credit reports document a persons credit history and help lenders evaluate whether to lend money and extend credit to an individual and at what rate. SunEdison may sell solar projects, lay off 5% staff SunEdison India would sell off all theprojects won under the central government's flagship National Solar Mission. Thecompany won close to 380 Mw of projects spread across 5 states in the first andsecond phase of the Jawaharlal Nehru National Solar EPFO to review market approach after poor returns Annualized return of just 1.52% on ETF investment spurs review, but no plans for discontinuation JSW Cement among bidders for Reliance Infra assets The units, one of the last large cement capacities up for sale, offer firms opportunity to raise capacity swiftly Nippon Life to pay Rs2,265 crore to raise stake in Reliance Life to 49% Reliance Life Insurance will change its name to Reliance Nippon Life Insurance in line with the new shareholding structure Avigo Capital exits Technology Frontiers, sells stake to ADV Partners The exit, through the secondary route, will see mid-market PE firm earn about $21 million from the transaction, a 2X return on its $10 million investment. Canbank VC fund to manage over Rs 2000 crore Electronic Development Fund The mother fund will look at investing in funds that invest in electronics system design and manufacturing, nanoelectronics and IT. Pakistan turns down Afghan proposal for throughway to India Officials in the Economic Affairs Division said Kabul had sought access to New Delhi for its trucks via the Wagah-Attari border crossing. But Islamabad denied the request, citing security issues. Naaptol raises Rs343 crore from Mitsui Investment will increase Mitsui & Co.’s stake in Naaptol to 20% from 5% Idea buys Videocon's spectrum for Rs 3,310 cr Deal sealed for Gujarat, UP (West); Dhoot in talks with bidders in 4 more circles Donald Trump slams Pfizer's 'disgusting' mega-merger Pfizer, Allergan ink $160 billion merger deal - Pfizer plc will have its global operational headquarters in New York and its principal executive offices in Ireland. Central bank’s hands are tied With inflation expected to settle within 5.5-6% next year, the room to lower benchmark rates is limited India's luxury brand market to be driven by tier 2, 3 cities: Report "Despite low engagement and outreach by luxury brands, sales through references in tier 2 tier 3 cities are twice as much as those in the metros." We will continue our ties with cricket: PepsiCo's Shivakumar Interview with Chairman & CEO, PepsiCo India Grocery eCommerce Scenario in India: Challenges, Competition & Threats Where does the online grocery ecosystem stand. Leaders in the space speak their mind. Surge in pulses rate forces consumers to visit congested wholesale markets Retailers said they are unable to reduce prices as sales have been dwindling as people have no alternative but to cut down on consumption. Optiemus joins hands with Taiwanese firm Wistron for telecom infrastructure To invest $200 m in the next five years We are trying to rapidly transform our 4G smartphone portfolio: Vineet Taneja Interview with CEO, Micromax Free Basics app available on RCom across India: Zuckerberg Facebook has expanded its controversial 'Free Basics' initiative across the country to offer basic Internet access with its telecom partner Reliance Communications (RCom). Reliance Jio faces obstacles like low ARPU to gain customers: CLSA Reliance Jio has delayed the launch of its 4G services to next fiscal from December this year. Vodafone hit by $300m charge to pave way for Indian IPO India added only 7.74M active mobile connections in September 2015 According to the Indian telecom regulator TRAI, India added 7.74 million “active” mobile connections during the month of September 2015. The Active connection data represents peak VLR (Visitor Location Register) data for the month. Some stats: – There were 893.70 million active connection Samsung leads India's 4G market; Micromax, Intex and Lenovo follow The 4G-enabled devices witnessed almost a three-fold increase in unit shipments over the April-June period of this year. 4G: Low spending users, special handsets hurdle for Reliance Jio, says CLSA The much-awaited 4G service of Reliance Jio Infocomm may face hurdle in attracting customers due to low average spend by them and adoption of handsets with special calling feature, global brokerage CLSA has said. Bedding Supplies Startup Sundayrest Raises $300K in Seed Round Sundayrest which aims to offer internationally certified products such as Mattresses and Pillows, has raised $300,000 in its seed round. Micromax Claims it sold over a Million Canvas Spark Series Smartphones Micromax Informatics limited said that it has sold over a million Canvas Spark series phones post its debut in less than 6 months exclusively on Snapdeal. With heavy Chennai rains, tech firms like IBM, Cognizant, Infosys enforce contingency plans and relocate key staff More unusually, especially in an otherwise parched Chennai, companies had to set up makeshift camps in their offices with mattresses and temporary shower stalls. 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