Nov 4, 2015 - Government looks at 3 options to reduce stake in IDBI Bank

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Government looks at 3 options to reduce stake in IDBI Bank The government is looking at three options to shed its stake in IDBI Bank and lower it to 49% in the first such exercise in the public sector banking space. Advt: Dubai Property Show to be held in Mumbai Dubai Property Show to be held in Mumbai, from 6 - 8 November 2015. The Indian start-up ecosystem: a periodic table Zooming from 3,100 start-ups in 2014 to an expected 11,500 start-ups by 2020, the ecosystem is set to surpass the total number of deals done in 2014, says report Black money: focus on shell firms, indirect ownership SIT asks Serious Fraud Investigation Office to regularly mine data from ministry of corporate affairs database, share information with other agencies This year, IPOs a mixed bag All eyes on IndiGo and SH Kelkar, after Coffee Day disappoints India pips US to become No. 1 in global consumer confidence index: Nielsen "Indian consumers continue to declare a resilient outlook in the face of uncertainty in the broader economy," said Roosevelt D'Souza, Nielsen India Region. India, UK may sign finance pacts during Narendra Modi's visit India and the UK are expected to sign agreements in the financial sector aimed at improving the business climate in India during PM Narendra Modi's first official visit to Britain next week. Yes Bank, IndusInd Bank in fray for GE Capital Asset "Yes Bank and IndusInd Bank are amongst suitors in the fray for the asset and currently multiple suitors are conducting due diligence," a source privy to ongoing negotiations told ET NOW. KKR, Chernin Group to create platform to invest in Asian media firms KKR will commit $300 million to the investment platform, called Emerald Media, while Chernin Group will act as a minority co-investor Government appoints MDs of four PSU banks Suresh N Patel, Executive Director of Oriental Bank of Commerce, has been appointed managing director of the Hyderabad-based Andhra Bank. The People’s Bank of China invests in Indian govt bonds for first time PBOC is registered with Sebi as a foreign portfolio investor and it may have bought bonds worth $500 million, according to a newspaper report NPAs to peak by this fiscal year, recovery to take longer: Fitch Fitch pointed out that asset quality will remain ‘an issue for the sector for some time despite some evidence of 'green shoots'. Standard Chartered to cut 15,000 jobs after Q3 loss CEO Bill Winters plans to raise $5.1 bn by selling new shares as well as restructure or exit $100 billion of assets Sun Pharma completes InSite Vision buyout InSite Vision’s acquisition is likely to help Sun Pharma expand its branded eye care business in the US How Calorie Counts on Menus Are Affecting Diners and Restaurants Beginning in December 2016, chain restaurants and certain other retailers that sell prepared food will have to list calorie content on their menus. Boston News, Sports, Weather, Traffic and Boston's Best Reliance Trends launches Point Cove in collaboration with Cherokee Global Brands Point Cove, created by Cherokee Global Brands' in-house design team, is a California lifestyle brand, which offers colourful and fun-filled products. Hong Kong retail sales fall for seventh straight month in September Hong Kong retail sales fell for a seventh straight month in September as a drop in Chinese tourists and weak consumer sentiment. Decathlon India opens third store in Hyderabad Decathlon, the leading French sports equipment and Sportswear Company has opened its third flagship store in Hyderabad at Suchitra Kompally. Mumbai fashion entrepreneurs collaborate to bring out festive line The collection, which is a result of their collaboration -- Ceremonia -- has 12 shirts in various tailored, evening and classic button down styles. Not a bad time to start investing; we like logistics-linked plays: Sanjay Guglani Any country which goes through structural reforms has to go through the pain; it takes a couple of years for things to unfold, says Gugnani. Hewlett Packard Enterprise India starts operations Indian operations There is no impact on the Indian headcount of the erstwhile HP at the newly-formed Hewlett Packard Enterprise (HPE) India, said its top executive.“Our talent need is changing and bec 1st awareness, then 4G masts, PWD directed The directorate of panchayats has directed the PWD to carry out an awareness campaign and drive in public interest prior to installing ground based masts (GBM) to provide 4G broadband services across Goa in panchayat areas near National Highways (NH). AsiaInfo announces Indian enterprise joint venture with Reliance Chinese comms vendor AsiaInfo and India’s Reliance Industries are to co-develop new services for businesses under a joint agreement signed in Mumbai, India. Samsung leads the Indian mobile market share in Q3, 2015: Study Research states that Samsung has maintained the first spot in mobile market. India's telecom firms gear up for deals as competition heats ups India's crowded telecoms sector is preparing for a long-awaited shake-up as highly indebted players jostle for access to costly airwaves and brace for the launch of a deep-pocketed new rival backed by India's richest man, Mukesh Ambani. IT department: Do not share personal data over phone, email Do not share personal data over phone, email: I-T department - The Income Tax department today issued an advisory asking taxpayers not to share their personal financial details The world in a click: Communication moves to a new beat Imagine walking into a new office you’ve never visited before and your work station is ready before you have even sat down, configured to your preferences, .. Comparing Indian and US Telecom Markets Telecom networks are an important part of the mobile landscape. It's the backend that puts the smart in a smartphone. Without a stable internet connection, your Vodafone India CEO Sunil Sood on 4G business plans Vodafone India Chief Executive Officer Sunil Sood has shared the company’s strategies on 4G network deployment and other plans. UK's New Call Telecom scouts for investors to take Ozone Networks overseas “We are looking at strategic investors that really understand the benefit and strategies around Ozone and Wi-Fi in India,” said Nigel Eastwood, CE.. Private equity investors discover El Dorado in ecommerce backend Private equity investors have instead quietly reaped a windfall by backing logistics companies providing back-end support in the ecommerce rush. IPsoft creating separate biz unit for its flagship autonomous robotics platform Amelia Founder and Chief Executive Chetan Dube said also the company was currently evaluating the best time to go public and was in no pressing rush to do so. 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