Dec 29, 2015 - The year of the great oil shakedown

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Sree Vijaykumar From the Editor's Desk Here are 2 stories that put to rest any questions about India's prowess in fundamental science and technology. Pandorum Technologies, a biotech startup, has made India's first artificial human liver tissue using 3D printing. While, the technology to make a complete organ may be a few years away, the tissue can be used to speed up drug testing in the early-development phase, among other applications. In another story, scientist at IISc have devised a new way to etch nano-circuits on silicon chips at room temperature, which could potentially accelerate research efforts at the fundamental chip level. The team pegs the current patterning cost at Rs 2.5-3 crore, which they expect to drop to Rs 10-25 lakh with their technology - Comment The year of the great oil shakedown Gulf oil exporters have waged an attritional struggle to capture the market Advt:Affordable Housing Schemes in Dubai with Post hand over payment plans Affordable Housing Schemes in Dubai with Post hand over payment plans Address financial exclusion based on faith: RBI panel A Reserve Bank of India (RBI) committee on financial inclusion has suggested that the government should transfer cash directly to persons instead of giving subsidies, and should replace interest subvention on agriculture loans with affordable Bombay High Court asks Vedanta, Cairn India to explain merger The petition alleged that these transactions violated rules under the Companies Act, and has asked the court to cancel the approval to merge Cairn India with Vedanta. India Post 's payment bank to start from March 2017: Ravi Shankar Prasad The Reserve Bank granted in-principle approval to 11 applicants, including Postal Department, in August to set up payments banks. Blackstone, Birla Corp and Baring Private Equity Asia in final race to acquire Reliance Cement The three have been shortlisted for the final round of negotiations from seven suitors that had shown initial interest, said multiple sources. Clearwater Capital reduces stake in Oricon by 4.39% Private equity firm Clearwater Capital Partner has reduced its stake in Oricon Enterprises by 4.39 per cent, selling 69.02 lakh shares in the open market. RBI's concerns on banking and economic stability The performance of public sector banks (PSBs) was sub-optimal compared to private sector banks (PVBs) as profitability and credit growth both declined. 10 stock ideas to capture India growth story in 2016 As Dalal Street bids adieu to an eventful and frustrating 2015, market watchers are increasingly becoming optimistic about calendar 2016. Banks pin hopes on RBI as discom revival plan unclear Lenders await clear govt instructions to proceed with plan, which carries with it risk of a portion of more than `4 trillion in debt owed by discoms ending up as bad loans Mega refinery, petrochemicals hub proposed in Maharashtra Refinery will be built in association with all the three state-owned oil marketing companies—Indian Oil Corp., BPCL and HPCL Reserve Bank of India releases report on financial inclusion RBI committee has noted that there has been a significant jump in financial inclusion-related activities Consumers with income above Rs.10 lakh to lose gas subsidy The move is based on the assumption that each consumer who will be denied the subsidy would be using five to eight cylinders a year JSW Cement, Birla Corp. among bidders for Reliance Infrastructure cement assets Reliance Infrastructure gets three bids in total; analysts do not expect assets to be sold at a high valuation Age of killer start-ups and online medium bring Bharat & India closer Though late, India Inc has now started recognising the disruption Subway to switch to cage-free eggs by 2025 Due to pressure from consumers and animal-rights groups, Subway is looking beyond the cage for its eggs. Snapdeal to invest more in logistics to speed up delivery, get edge over rivals Snapdeal will spend more on logistics and technology to better compete with Flipkart and Amazon's Indian unit, its co-founder said on Monday. US holiday retail sales grow a 'solid' 7.9 per cent: MasterCard US retail sales, excluding automobiles and gas, had grown 5.5 per cent in the period between Black Friday and Christmas Eve last year. Reliance Foundation pilot project in AP trains 15 youth for retail biz Reliance Foundation’s Skilling Entrepreneurship and Alternate Livelihood Support progr Exploiting opportunity: Dutch lingerie brand Hunkemoller to have four stores in India by end-March Hunkemöller, which opened its first store at Delhis DLF Promenade mall, will open two more outlets in the National Capital Region in the next two months. Voylla in talks with Aditya Birla Group, Reliance Retail to sell its fashion jewellery Voylla is in talks with Aditya Birla Group and Reliance Retail to sell its products in their multi-brand stores. The online jeweller has recently entered bricks-and-mortar retail. Mark Zuckerberg dials Nasscom, start-up leaders over Free Basics TRAI is aiming to solve the issues and based on the feedback received from various stakeholders it will come up with final guidelines for net neutrality by early 2016 Mobile powers e-tail, unicorns and more, best is yet to come Eight Indian unicorns already, hyper-local comes of age and with 50 mn shoppers, e-tail did $10 bn in GMV... that’s the pace of change & best is yet to come. Airtel Project Leap to disclose telecom coverage details in your area Project Leap, the Rs 60,000 crore network investment program of Bharti Airtel has taken yet another leap by disclosing coverage of voice and high speed broadband services in your respective localities. Sunil Mittal promoted Airtel will be sharing details of cellular sites being set up, shut down of sites due to external issues, etc. Airtel Mark Zuckerberg has personally answered Facebook's Indian critics His opinion piece in the Times of India argued for the country to allow a free internet service that has stirred controversy. China Telecom head Xiaochu Wang under scanner Beijing, Dec 27 (IANS) Chang Xiaobing, former chairman of China Unicom and current chair of China Telecom, is being investigated for graft, authorities said on Sunday. Chang was under investigation for suspected "severe disciplinary violations", Xinhua... Microsoft India to set up Centre of Excellence in Vizag Andhra Pradesh Chief Minister N Chandrababu Naidu hosted a breakfast meeting for Microsoft CEO Satya Nadella -- who is currently on a visit to Hyderab.. It's Now Time For Mobile Wallet vs Credit Cards in India Mobile wallets are slowly yet steadily gaining a foothold in India. In the year 2015, not only mobile wallets become mainstream but they also become popular UT approves 24 mobile tower locations The UT administration has approved 24 new locations for mobile towers across Chandigarh.This has been a longstanding demand of cellular companies, which wanted better connectivity. Don't blame towers for poor service, says Trai With a penalty regime set to kick in for call drops from the New Year, telecom regulator Trai has warned mobile operators against using “excuses“ such as tower and spectrum shortage for providing deficient services to customers. Reliance Jio launches 4G for employees The soft launch of Jio's 4G broadband wireless services, beginning today, will test the strength and quality of network ahead of the commercial roll-out next year How scientists based in Canada are vital cog in success of Paytm The headquarters of Paytm, Indias largest mobile payment and commerce platform, is located in Noida, but the lifeblood of the company is far, far away. Will Indian companies take steps to contain cyber threats in 2016? Experts say that the frequency and ferocity of cyberattacks will only go up in 2016, as economic progress invariably attracts more such predators. Bumper, a mobile marketplace and booking platform for car servicing, secures $500,000 in seed funding from venture capital firm SAIF Partners Bumper competes with Cartisan, MotorExpert and SparesHub in the online car servicing space. Rubique brings onboard Myntras Anadi Misra as CTO and Manish Aggarwal from Reliance Jio as Business Head Rubique brings onboard Myntra’s Anadi Misra as CTO and Manish Aggarwal from Reliance Jio as Business Head, , myntra, reliance jio, Rubique, corporate movements Town Essentials, Bangalore-based grocery eCommerce firm, raises $1 million (Rs. 6.7 crore) in angel funding from a clutch of HNIs Town Essentials, Bangalore-based an online grocer has raised $1 million (Rs. 6.7 crore) in angel funding from a clutch of HNIs. With cyber threats to increase in 2016, will Indian companies take steps to be safe? Experts say that the frequency and ferocity of cyberattacks will only go up in 2016, as economic progress invariably attracts more such predators. Microsoft CEO Satya Nadella highlights projects to help in connecting rural India Microsoft Chief Executive Officer Satya Nadella highlighted the role the White Spaces project by Microsoft could play in connecting rural India. Mark Zuckerberg seeks help from Nasscom, start-up leaders over Free Basics Standing firm on his crusade for Free Basics, Facebook's founder and chief executive officer Mark Zuckerberg on Monday reinstated that his pet project supports net neutrality and is not a walled garden of select applications. In an oped on Times of Facebook ready for third party audit of Free Basics plan : Open for Twitter, Google Countering allegations of gatekeeping in website selection on its free internet platform Free Basics, Facebook said it is open to the scrutiny of the process by any third party agency. How Infosys is connecting tech-hungry and mobile-friendly workforce with ‘InfyBubble’? In 2011, Infosys introduced InfyBubble, the enterprise networking platform. The external world was embracing social networking, and the need for an internal platform was felt on the ground as well. Infosys to unveil its largest 447 acre campus in Hyderabad in February The upcoming Pocharam campus of the IT giant would be spread over 447 acre, and built with a total investment of Rs 1,250 crore. Big data deployments will become mainstream in 2016, says Oracle Oracle has 12 development centres in India, including facilities in many emerging cities like Vijayawada, Thiruvananthapuram, Noida and Ahmedabad. 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