Feb 5, 2016 - LafargeHolcim announces divestment plan for Lafarge India assets

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Sree Vijaykumar From the Editor's Desk As I write from Bangalore (Microsoft Ventures), I see 2 very interesting trends from all the startups I spoke to. There's real innovation happening - it's moving from consumer apps to AI, there's IoT, there's B2B innovation, there's B2C innovation. This is great for India. And thanks to Tiger and Softbank and Alibaba to have triggered this at such speed. However, the moment you ask anyone about revenues, out come the vanity metrics - transaction volume, GMV, etc. Startups are well-trained in this too now. So, the dependency on funding and future rounds of funding is big as almost no one is even close to profitability. This puts several of these companies at risk. We should see a lot of consolidation happening in 2016. - Comment LafargeHolcim announces divestment plan for Lafarge India assets LafargeHolcim said that it will divest its interest in Lafarge India assets to comply with the competition rules in India Advt:Affordable Housing Schemes in Dubai with Post hand over payment plans Affordable Housing Schemes in Dubai with Post hand over payment plans Foreign hand to aid Indian infrastructure "We are in the process of selecting CEO of NIIF. The CEO will be drawn from the market," Economic Affairs Secretary Shaktikanta Das said. Tata Steel: The ball is in the govt’s court Since expenses declined less than sales did, operating profit fell by 57.6% sequentially to `776 crore India enjoying robust economic growth, says IMF chief Christine Lagarde India and Mexico are enjoying robust growth even as emerging economies as a whole are facing the harsh reality of slow growth and reversal of capital flows, IMF chief Christine Lagarde said on Thursday. 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Nasscom trims software services growth projection to 10-12% The industry just managed to grow at the lower end of the revenue guidance, clocking increase of 12.3 per cent in the current fiscal in exports. 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