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Thursday, November 05, 2015

Nov 5, 2015 - Standard Chartered said seeking to sell Essar Global loans

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Standard Chartered said seeking to sell Essar Global loans

StanChart, ICICI Bank and Axis Bank approached VTB Group to gauge its interest in buying a portion of their loans to the Ruia brothers’ holding company Essar Global




Advt: Dubai Property Show to be held in Mumbai

Dubai Property Show to be held in Mumbai, from 6 - 8 November 2015.

Exotel acquires customer feedback firm Voyce

This is Exotel’s second acquisition after it took over voice-based social media start-up Croak.it! earlier this year



10 simple productivity hacks for finance professionals

Daniel Goodman / Business InsiderIf you ask finance professionals how they spend their time each day it's likely many will say "in meetings that do not matter,"



Foreign investors trust India's economy: Philipp Rosler

Interview with Member of the managing board of WEF



Balanced Mutual Funds offer stability, tax advantage in choppy times

Assets under management of these funds have doubled from Rs 18,277 cr in September 2014 to Rs 36,633 cr in September 2015.



MF Utilities starts online platform

The online payment module, available for distributor plans, enables paperless transactions



Tata to get $500 million a year in financing from Export Development Canada

In the past five years, Tata firms have invested more than 1.3 billion Canadian dollars in Canada



India, US discuss policy measures to deepen capital markets

India and the United States today discussed potential policy measures that could deepen the former's capital markets and drive greater investment by domestic and foreign investors in Asia's third largest economy.



Cairn-Vedanta merger now by June 2016, says group firm

Cairn-Vedanta merger now by June 2016, says Vedanta Resources - In June, Vedanta Ltd had announced absorbing oil firm Cairn India in a $2.3 billion all-share deal to create India's largest diversified natural resources firm.



India in talks to set up JV in South Africa for coal blocks

South Africa is looking at India’s model to evolve a template for coal blocks allocation



How ICICI became the leader of mobile banking in India

Mobile banking has never been as popular in India and ICICI has emerged the undisputed leader, according to July records. With the maximum number of transactions



Innovation in mind, startups pave way for PhD holders

A new breed of super-specialised professionals previously not accommodated by traditional industries are entering the wider job market, thanks mainly to startups.



Banking secrecy laws shouldn't obstruct getting black money back: India

In bid of India to bring back black money stashed abroad, CVC K V Chowdary has asserted that all state parties should ensure cooperation in dissemination of information without any impediment of bank secrecy laws



IDBI bank may be merged with private lender

The government currently owns 76.5% of IDBI Bank. IDBI Bank is governed by the IDBI Act and the government can lower its stake without having to approach Parliament.



Will the deadlock on GST finally end?

Jaitley says NDA willing to reach out to Congress but Anand Sharma wants Narendra Modi to first shed his confrontationist stance



KKR acquires majority stake in Avendus for about $115 million

The PE firm seeks to tap a boom in fundraising that has propelled the home-grown financial services firm to the top echelons of investment banks in India



Sebi tells mutual fund industry: No new offers until plans are merged

Sebi has categorically told the mutual fund industry that it will not clear any of their new launches until fund houses merged existing schemes with similar characteristics.



What You Eat and Wear is Made by Prisoners

The New Indian Express
The New Indian ExpressCHENNAI: The weeks preceding Diwali is a period when no retailer worth his salt takes a break from work. And for the most successful prison product brand in the country, it is no different. Freedom Bazaar, under which the products made by inmates of ...




Future Group, Shoppers Stop, Puma report double-digit growth in same-store sales despite online discount bonanza

Some other retailers attributed the rise in demand to fresh merchandise, fewer discounted merchandise of big brands on online portals, and early onset of winter chill in some parts of the country.


Amazon's $160 billion business you've never heard of

Amazon could have a $160 billion business with AWS and you've probably never heard of it.


Make in India: IKEA seeks relaxation over 30% sourcing norms for its first store in India

- "Today we source for 300 million euros and we plan to double that by 2020."


Adidas India aims at 1000 stores by 2020

If brand Adidas can be sold through company owned stores why not brand


Food & Grocery retailer iOrderFresh inks strategic tie-up with Natural Ice Cream in Delhi/NCR

Delhi-based mobile-only food and grocery retailer iOrderFresh has partnered with Natural Ice Cream to deliver ice cream products to the doorstep of customers in Delhi NCR.


Barista's travails point to deeper malaise

Speculation about a likely sale by its current owner Amtek Group, which is battling debt issues, has been mounting


The top 6 online furniture ecommerce sites in India

The growth of the residential furniture market has been attributed to the unprecedented rise of residential areas, reports Tech in Asia


India's E-Commerce Accounts for Below 1 Percent of Retail Sales: Gartner

"There is a lot of hype due to the high growth and high expectation of the market, and many companies are fast expanding to grab market share and increase visibility."


CVC summons Walmart's India head over graft

However, Wal-Mart spokesperson in a statement said it has not received any request from the CVC.


Easybuy eyes 50 outlets in next 3 years

To ramp up to 50 stores in the next three years


Store as Fulfillment Center: Omnichannel and the Future of Retail

With shopping on digital channels increasing, retailers with a network of physical stores have an opportunity to provide a true omnichannel experience.


SMBs Don't Need An Annual Event For Marketing: Google India eCommerce Head

In a recent announcement by Google, the yearly online shopping festival 'Google Online Shopping Festival (GOSF)' has been cancelled.


New Maggi safe, sales start this month: Nestle

Maggi is all set to make a comeback as soon as later this month, with Nestle issuing a statement saying that the newly manufactured Maggi has been found safe in tests and that it would begin retail sales this month.


Can online grocery and hyperlocal delivery services eat into local markets pie?

Online retailers are targeting the weekly or monthly shopping basket of a consumer which are profitable to deliver.


Samsung claims edge over Apple

The Korean mobile phone major has said that it has attained a 50% share in the Indian premium phone market, at a time when Apple battles a slow start to the sale of its new iPhone 6S devices in India.



Flipkart Nabs Another Google Mobile Exec to Out-Amazon Amazon In India

E-commerce giant, Flipkart has appointed Surojit Chatterjee, former Google product management director, as senior vice president and head of consumer experience and growth.



Skype launches a share button to help you share content from the Web

A funny cat video, a stunning picture, or an inspiring article… you can always find some interesting content online.  Halfway through the content, you’ve also already come up with a list of friends, family members or coworkers to share the content with. Moreover, you often want to start chatting about the shared content immediately –…



Indonesia's XL Axiata Looks to Sell More Telecom Towers for Up to $500 Million

Firm wants to unload infrastructure assets for the second time in two years to increase profitability of subscriber base.



India 3G subscription surges 26%, no takers for Airtel 4G?

3G subscription growth in India was 26 percent in the first six months of 2015, while 3G penetration in India was 24.59 percent.



India LTE smartphone shipments soar, Xiaomi sees sharp fall: Counterpoint research

A new report by Counterpoint Media research shows that in India 4G and LTE smartphones numbers grew at an astonishing 2400 per cent rate in Q3 of 2015



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