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Saturday, January 16, 2016

Trending: Jan 09- Jan 16 : Indian IT firms may raise fees to counter dearer US visas

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Indian IT firms may raise fees to counter dearer US visas

The new US measure will shave 50-60 basis points off the profit margins of information technology firms including TCS and Infosys.






Govt may form panel to select start-ups eligible for incentives

The board will be at the joint secretary level and will meet from time to time to vet the proposals




Banks losing market share to bond markets, says Ambit Report

The loss in market share has come against the backdrop of easing interest rates in the economy which have transmitted more quickly through the bond markets




India puts on hold further market access to Singapore's DBS Bank

Official says reciprocal move because Indian lenders not allowed to expand in the city-state




Banks, companies must improve numbers: Moody's

Corporate profitability will improve in 2016-17 as more and more stalled projects get back on track, says Moody’s




Congress gives six key suggestions on Start Up India policy

The Congress suggestions were released by Jairam Ramesh who insisted before the NDA regime started focussing on ‘start ups, during UPA regime.





SRL Diagnostics in talks with top PE funds for 34% stake sale

KKR, Warburg Pincus and Baring Private Equity Asia have shown interest in buying the 34% stake held by the healthcare firm




IOC says to invest up to Rs18,000 crore in 6 refineries

The firm will invest up to Rs18,000 crore in six of its refineries to upgrade fuel specifications to meet govt norms




SBI secures Rs 3,300 crore credit line from Korean Exim Bank

SBI today said it has secured a $500 million loan from Korean EXIM Bank to help fund companies from the East Asian nation setting up units in India.




PSU bank space a black hole, will become next BSNL/MTNL

At the stock level, shares of Bank of India, Oriental Bank of Commerce, SBI, PNB and others have dropped up to 65% during the same period.




Public sector banks: caught between bad assets and low capital adequacy

Public sector banks have become pariahs on the Street, what with the Nifty PSU Bank index slumping by 40% in the past year, even underperforming the BSE Metal index’s 32% loss




Most video consumption in India through TV

Mobile VOD company Vuclip conducted a survey for 2015 on global video insights across 4,600 users India, Malaysia, Thailand, Indonesia, UAE and Philippines along with the US, UK, Singapore and Australia markets. Viewing preferences of the Indian market:  - 56% Indian viewers showed prefere




How Mobile Apps Are Improving India's Rickshaws

Noisy and ungainly, India’s three-wheeled auto rickshaws are an iconic form of urban transport that can be hard to love.


 


Indian regulator questions Facebook's claim of 11 million Free Basics supporters

The Telecom Regulatory Authority of India has questioned the legitimacy of Facebook's claims of 11 million Indians supporting Free Basics.




Chinese investors make strong pitch for Make-in-India

Officials of some of the leading Chinese companies which have invested in India have made a strong pitch for their local counterparts to step up inves..




Baidu says in talks to invest in Indian e-commerce start-ups

The e-commerce market could grow in terms of the value of goods sold to $220 billion by 2025 from $11 billion in 2015, BoFA Merrill Lynch estimated




Twitter may allow brands to use your tweets in promotional campaigns, says report

Social media platform Twitter is said to be developing a way to give brands an access to mentions about their products in everyday users' tweets that they could use into promotional campaigns.




TCS Q3 net profit rises 12% and beats estimates

Tata Consultancy Services Ltd's sales and profits rise in the third quarter




Microsoft's White Space technology may hit a dark patch in India over free spectrum

Union minister for communications and IT, Ravi Shankar Prasad, told ET that spectrum will only be provided through auction and no exceptions will be made.




Taiwan's Foxconn plans to build facility and campus in Andhra Pradesh : Will double smartphone production capacity

Firm's latest production targets are likely to be met with ease as many Chinese smartphone companies are making their way to India.




Is Facebook getting evil by blocking ads from competitor? : After Telegram, FB now blocks Hike Messenger

Home-grown Hike Messenger has accused Facebook of blocking an option in its advertisements which lets people visit the chatting application’s website.




Yahoo's brain drain shows a loss of faith and trouble for Marissa Mayer

Only 34 per cent of employees believe that Yahoo's prospects are improving, according to surveys conducted by Glassdoor, a firm that collects data on jobs and employers.




Why India is betting on technology to overcome challenges?

Racing against time to realise the 'Vision 2020' former president A.P.J. Abdul Kalam conceived in 1996, India has embarked on a similar exercise for 2035, betting on emerging technologies to overcome major challenges it faces in ensuring inclusive




Indian economy: When good banking regulation is simply not enough

The poor state of banking, particularly in the public sector, is casting its shadow on India’s financial institutions.




India's economic ambitions checked by 12-year low oil prices

The Chinese tumble is set to hurt the Indian spinning industry the most in the textile value chain. China forms 40 per cent of the total cotton yarn exports from India which is likely to come down thereby creating an oversupply situation in the




SBI chief identifies four change drivers in Indian banking system

State Bank of India Chairperson Arundhati Bhattacharya on Tuesday said four drivers ar




India Ventures Group set to float $1-billion debt fund for infrastructure projects

The fund will initially be used for core-sector ventures across segments that are being implemented through the PPP route.




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