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Tuesday, November 03, 2015

Nov 3, 2015 - Woman drops sex assault case against US venture capitalist

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Woman drops sex assault case against US venture capitalist

Sexual harassment has been under the spotlight in recent months in Silicon valley, in large part because of a high-profile discrimination lawsuit brought by a former partner at venture firm Kleiner Perkins Caufield & Byers.




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Moody's raises Indian banks' outlook to 'stable'; sees less loans turning sour

The proposed transaction values the company at Rs 17,225 crore ($ 2.6 billion). The transaction is subject to governmental and regulatory approvals.



Steps to take before we can ‘Make in India’

Make in India is the cornerstone for India’s development plan. But India’s desire to re-focus on manufacturing goes against established global norms



Can social entrepreneurs drive inclusive growth in India?

India has made rapid strides in economic growth, but how can the country maintain healthy GDP growth while addressing inequality among its citizens?



Centre yet to implement reforms, public sector banks remain headless

Four public sector banks — Indian Bank, UCO Bank, Andhra Bank and Bharatiya Mahila Bank — are functioning without a CEO and MD.



Surge in IPOs a bonanza for PE funds

Analysis of 9 PE firms shows average annual returns generated by these funds is close to 24%, highest since 2007



Where's the economic recovery?

Indian economy: The sharply lower order flow guidance put out by Larsen and Toubro must come as a wake-up call for the govt. As must the PMI manufacturing print which came in at a 22-month low.



With recent cuts in bank FD rates, investors rush to the post office deposits

Banks have complained that higher interest rates on small savings schemes have made their deposits rates uncompetitive.



IDFC may not require to make incremental provisions

Infra lender IDFC today said it may not be required to make any incremental provisioning to ring-fence the newly launched bank.



Indian banking and securities firms to spend Rs 499 billion on IT in 2015: Gartner

Indian banking, securities firms to spend Rs 499 billion - Indian banks will increase investments in digital solutions, modernise back-end systems and increase their reliability and speed, Kandaswamy said.



Uco Bank seeks business after lifting of sanctions on Iran

The Uco team visited Central Bank of Iran and officials from leading commercial banks in Iran such as Bank Parsian and Bank Pasargad.



Jet Airways shares surge as Rakesh Jhunjhunwala buys stake

In intra-day trade, shares of Jet Airways gained as much as 10.6% to touch a high of Rs483 a share on BSE, a level last seen on 15 April



Citibank India appoints Sharad Mohan as retail bank head

Prior to his role as the S&D Head, Sharad was the chief operating Officer for the Consumer Bank for two years. Prior to his return to India in 2011 from Singapore, Sharad was the regional Citigold head for Asia Pacific since 2006.



Reliance Communications, Sistema to merge in all-stock deal

Reliance Communications Ltd (RCom) is taking over Sistema’s Indian mobile phone business through a stock swap, the companies announced on Monday, as a result of which Sistema’s Indian unit will acquire 10% equity stake in RCom.



India's manufacturing output slips to 22-month low in October

Despite the slowdown in new order growth, manufacturers recruited additional workers in October. Employment rose for the first time since January.



Deal with MTS gives new lease of life to RCom

Merger creates 4th -largest telecom company, provides RCom access to spectrum for 12 extra years



Indian economy better placed than other emerging markets

The collapse of the commodity market & fears of a Fed rate hike have left global emerging economies reeling but the Indian economy has fared better.



Emami saddled with huge unsold stocks of Kesh King

- Company says the seller of the brand had under-reported inventory with stocks


American doughnut chain Dunkin Donuts joins hands with Grofers to deliver donuts at your doorstep

Amritesh said the move will help Dunkin in its packaged foods initiative as well as its regular donuts delivery.


Why India Is Ripe For An Apple Genius Bar, But Its Rules Aren't

Though its consumers have developed a taste for aspirational brands, the country's retail rules make it a difficult market for Apple to crack.


Cold debut for Coffee Day as stock crashes nearly 18%

The stock of Coffee Day Enterprises (CDEL), which runs the Cafe Coffee Day chain of outlets, tanked nearly 18% on its debut on Monday, making it the worst opening for a company listing on the bourses in calendar 2015.


Paytm Plans To Drop $764M To Capture India eCommerce

With everyone trying to crack India for eCommerce, Paytm is trying something different: diversity of service. It worked for its main investor, Alibaba.


Soch launches first store in Gulbarga, fifth in Hyderabad

Franchiseindia.com
Franchiseindia.comThe brand has also launched its fifth store in Hyderabad-Jubilee Hills. The Gulbarga store is a franchise one and the other one is company-owned. The firm based out of Bangalore, has 56 stores across India- Bangalore, Mysore, Mangalore, Hubli, Chennai, ...




Why is Kerala upset over beef raid: Kerala beef fry is an iconic 2000-year-old dish

Beef on the table is as indigenous to Kerala as tapioca and boiled rice. The meat is served in a variety of curries, roasts, and fries, but the Kerala beef fry is the standout dish.


E-commerce: Amazon, Flipkart, Snapdeal in app war

Flipkart is leading Amazon India in downloads. Data from App Annie shows that till October 19, while Flipkart counted 41.50 million, Amazon had reported 20.15 million downloads on Android devices.


Luxury attire and accessory stores woo the well-heeled

The well-dressed—and well-heeled—Indian is being wooed in innovative ways by multi-brand luxury attire and accessory stores


India Post Collects Rs. 800 Crore From Cash-on-Delivery Facility

As part of initiatives to leverage the e-commerce sector, the department has forged tie-ups with leading online market places like Snapdeal, Amazon, Paytm and Yepme for parcel delivery and has also set up modernised 48 centres to handle the packages.


Hewlett Packard Enterprise India chief Neelam Dhawan plans to chase telecom deals

HPE India chief Neelam Dhawan said the company would aggressively chase deals in telecom, which is its largest vertical globally in revenue.



Unisys India names Ravikumar Sreedharan managing director

In his new role, he will be responsible for leading the company’s operations in India, which includes more than 5,000 employees working at sites.



4G subscriber base in India to hit 90-million mark by 2017-18: Report

Smartphones have only been around for a decade, but they have so fundamentally infiltrated our day-to-day that it is hard to imagine a life without having



Verizon partnering Indian system integrators for global market

Verizon, which has 177,000 employees globally, is also banking on its cloud technology in a big way, especially for its Indian market.



RCom rings in acquisition to snap up Sistema's Indian telecom business & acquie its 9 million customers

Triggering a significant consolidation in telecom business in the country, industrialist Anil Ambani-led Reliance Communications on Monday announced a major accord to acquire the Indian business of Russia's Sistema, which is operating under the



Billionaire Ambani Agrees to Buy Sistema's Indian Phone Carrier

Indian telecoms operator Reliance Communications (RCom) has agreed to buy Russian conglomerate Sistema’s Indian mobile phone business with a share swap that marks the first major deal in seven years in a crowded and in



MakeMyTrip commits to transactions as India reaches mobile-driven inflection point

MakeMyTrip has seen year-on-year triple-digit growth in transaction volumes and reminded the market that revenues will be hit as a result in the near-term.



Glad Modi's pushing Digital India – but i won't work with him. I could guide ...

Rajiv Gandhi had begun work as India’s youngest PM on this day 31years ago. Tech visionary Sam Pitroda worked alongside him to ring in India’s telecom revolution. Writing Dreaming Big, Pitroda spoke with Srijana Mitra...



Employee frauds surge as ecommerce companies take to speed-hiring

"There has been a 25% increase in employee-related frauds since last year and 70% of them are from ecommerce companies."


Zivame appoints Shaleen Sinha as COO to drive ecommerce, nearly two months after it secured $40 million in funding

Zivame has appointed Shaleen Sinha as its COO to drive ecommerce, nearly two months after it secured $40 million in funding.


Pay per chapter: Dailyhunt brings sachet marketing to books by introducing chapter-wise billing

News and ebooks mobile application Dailyhunt is bringing FMCG sectors “sachet marketing” strategy to books by introducing chapter-wise billing.


E-Commerce Plays Major Role in the Increased Advertiser Base in India

- BANGALORE: As the e-commerce business is ruling the Indian economy, we could see several changes in the...


Indian prefer Amazon as the most trusted shopping portal!

- Flipkart comes in at a close second.


Snapdeal, Flipkart, Amazon sales under scanner: All you wanted to know in 5 points

Ecommerce majors Snapdeal, Flipkart and Amazon, who conducted a number of sales recently offering discounts that went as high as 80%, are under scanner over whether they violated FDI rules by engaging in business-to-consumers (B2C) activity. Enforcement Directorate and the Reserve Bank of India (RBI) have been tasked by the Commerce Ministry to carry out a thorough check.


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