Nov 27, 2015 - Pipavav Defence to exit corporate debt restructuring

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Sree Vijaykumar From the Editor's Desk What divides us as a whole often unites some of us. This seems to be a core strategy for the BJP today. On the one hand, there is an encouraging decisiveness in pushing through economic reforms. Perhaps, Mr Modi likes to travel abroad, but yes, he has brought India into the world's investment radar. That is absolutely a good thing. However, within India, the unwillingness to take other parties along is a dangerous sign. The GST bill and land bill are stuck primarily due to partisan politics. Even more dangerous is the silence when the bhakts and Hindutva goons take law and order into their own hands. Mr Jaitley, these are not mere distractions as suggested by you, but damaging to society as a whole, where upto 25% of the population is silently waiting for you and your party to fail. We are an emotional people, it is important that the leadership recognize these emotions. That is the only way your development plans will turn into reality - Comment Pipavav Defence to exit corporate debt restructuring The exit is expected to lead to improved financial flexibility and increased business opportunities for Pipavav Defence, Reliance Infrastructure said Advt:Affordable Housing Schemes in Dubai with Post hand over payment plans Affordable Housing Schemes in Dubai with Post hand over payment plans Indian Overseas Bank's Rs 3,000 crore loans cleared in H1 under finance ministry scanner The finance ministry is looking into loans worth Rs 3,000 crore that Indian Overseas Bank (IOB) paid out in the first half of this year. Sebi penalises Polaris promoter Arun Jain for insider trading Sebi orders impounding of alleged ‘unlawful gains’ of over `2 crore from Arun Jain and former Polaris CFO R. Srikanth Banking ombudsman: Unfair practices, card issues top consumer-complaint list Out of a total of 18,123 card related complaints, 10,651 complaints were pertaining to ATM/debit cards (12.51 per cent of complaints received). Why are India-listed Internet stocks Info Edge and Justdial rallying again? In the backdrop of lacklustre results, the recent revival in interest for Info Edge and Just Dial stocks looks a tad out of place The paradox in the Indian economy Indian businesses hoping that the country's main festival season would prompt people to spend, have met with disappointment. Indian banks' overseas arms see 11.3% rise in credit: RBI Indian banks' overseas branches reported 11.3 per cent rise in credit growth at Rs 8.33 lakh crore during 2014-15, says a RBI survey. "Business growth continued for both groups of banks during 2014-15. Credit extended by overseas branches of Indian Singapore as India's financial hub? Hong Kong has played a major role in the evolution of China’s markets and economy. For India, it can be Singapore Grofers raises $120 million in fresh funds Grofers raises the funds from SoftBank, with Russian entrepreneur Yuri Milner and existing investors Tiger Global and Sequoia also participating in the round An eventful year for monetary policy draws to a close Where the rate cuts seem to be helping is in boosting urban consumption sentiment and demand RBI allows foreign investors to buy bonds in default In its circular, the RBI said the maturity of the bonds should be three years or more CCI rejects complaint against GE Money Financial Services, others Competition Commission has dismissed allegations of unfair business practice made against GE Money Financial Services and others. Banks to soon roll out pre-approved overdraft facility from ATMs Customers who have accounts under the govt’s flagship financial inclusion programme launched in August 2014 can avail an overdraft of up to Rs5,000 GST a 'brahmastra' for India in difficult global economy: Assocham As the Winter Session of Parliament began today, industry body Assocham appealed to the Opposition parties to help in the passage of GST bill as it can be a 'brahmastra' for India in challenging global times. Looking for exits: are we there yet? No Indian tech start-up founded after the dotcom bubble burst in 2000 has gone public on a meaningful scale yet Maximum 4 expats in each Indian branch: RBI to foreign banks "In the light of these requests, the position in this regard has since been reviewed in consultation with the Government of India. 10 years on, a time of reflection for venture capital firms in India A correction in India’s VC market will give fund managers the window to pause and introspect on what has been a truly remarkable decade for start-ups and investors In India, it's all about m-commerce India's e-commerce companies are racing to embrace mobile, with some ditching their web platforms entirely to go mobile-only. Here's why. Amazon introducing more options for online live plant category on the back of solid growth Amazons lawn-and-garden category has grown 10 times in the past two years with lucky bamboo and golden pothos being the most popular live plants sold. Thanksgiving Online Sales To Top $1.7B, 26% Of Purchases Made On Mobile Thanksgiving is now in full swing in the U.S., and while many are focused on food and football, some are turning their attention online to kick off their.. Ready-to-eat pioneer P Sadananda Maiya develops instant rasam After a research of about 10 years, P Sadananda Maiya has come up with two new types of masala cubes which dissolve into hot water. From big bazaars to mega marts, how Baba Ramdev is taking Patanjali places The brand is into everything from cosmetics and milk powder to garments and noodles Foreign e-tailers to rake in Rs 54700 crore from local shoppers Despite government's attempt to curtail imports of consumer items, shoppers are likely to buy Rs 54,700 crore worth foreign goods from overseas e-tailers this year, a report said. US food chain Burger King opens first outlet in Chennai Burger King, a US-based fast food chain, has entered Chennai with the launch of its fi Is the government serious about FDI in retail? Recent easing of restrictions does not address the pain in the sector Nestl reveals forced labour within its seafood supply chain Nestlé launched an investigation in December 2014 to look at its supply chain after news outlets reported that brutal and unregulated working conditions were tied to their shrimp, prawn, and dog food products. E-Commerce Import in India to Grow 78 Percent: PayPal Study According to the report on consumer research by PayPal and Ipsos, desktops account for the highest proportion of purchases at 53 percent. 'Ten states likely to establish retail policies' The Retail Association of India's (RAI) appeal to State governments to come up with policy on retail may soon show results, according to a newspaper TRAI proposes radical changes in spectrum holding norms; suggests government keeps overall cap “However, to save time, the authority has decided to float the consultation process based on the available information,” the regulator said. Buys 4G spectrum worth $500 million, signaling India telecom consolidation NEW DELHI (NewsRise) -- Idea Cellular, a part of the $40 billion Aditya Birla Group, has purchased high-speed fourth generation (4G) spectrum from a u India under threat from cyber criminals: Kaspersky "As more and more devices get connected to the Internet/network, the level of sophistication of these attacks is also on the rise," he said. India Inc backs Jaitley's call for 'undistorted GST regime' India Inc has backed Union Finance Minister Arun Jaitley’s call for bringing in an ‘undistorted’ goods and services tax (GST) regime, even going to the extent of saying that it’s better not to move t India to have over 500 million mobile subscribers by year-end: Report India is set to have more than half a billion (500 million) unique mobile subscribers by the end of the year, thanks to affordable devices, easy tariff and digital literacy drives, a study by GSMA said on Thursday. Ringo introduces local calling in India at 90% cheaper rates than telecom cos As per Ringo, its standard rate of 19 paise is 90 per cent cheaper than most carriers and 25 per cent cheaper than the most popular calling apps that are Internet based.. 4.16 Million Mobile Number Portability Requests In India In September 2015 Porting requests were submitted for 4.16 million connections in the month of September 2015, according to the Indian Telecom regulator TRAI. This is down 3.26% from 4.30 million porting requests reported in August 2015. India had a total mobile connection base of 996.65 million connections (893 mill Spencers Retail to foray into grocery e-tail, test launch by March Spencer Retail's to foray into grocery e-tail, test launch by March - Spencer's positions itself has a food-first, multi-format retailer with 1.1 million square feet space Travel e-commerce companies planning to hire 1500 people in next 12 months With frequent flash sales making airfares affordable and easy customisation of trip packages, leisure travel has emerged as the big trend. IRCTC earns Rs 20000 crore from online sales till March; revenue nearly double of Flipkart The government-owned portal posted a 19 per cent increase in income at Rs 1,141 crore, which mainly includes service charges on tickets. Jabong to Launch Black Friday Weekend Sale India’s leading fashion online retailer Jabong is back with a new shopping bonanza for the festive season – the Black Friday Weekend Sale -- from Nov. 27-30. Products ranging from tops, dresses, denim, winter-wear, to accessories, will be available at a minimum 30% to 60% discount. Leading international brands with offers up for grabs are Mango, TOPSHOP, TOPMAN, Dorothy Perkins, Tom Tailor, Vero Moda and Superdry amongst many others. 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