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Saturday, February 20, 2016

Trending: Feb 13- Feb 20 : E-commerce boom revs up sales for commercial vehicle makers like Tata Motors - Times of India

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E-commerce boom revs up sales for commercial vehicle makers like Tata Motors

For commercial vehicle makers, the revenue opportunity from the ecommerce boom is projected at as high as $500 million over the next three to four yea..



Apple now offers buybacks on iPhone 6s, 6s Plus to attract more customers

The brand has starting with discounts between Rs 9,000 and Rs 25,000 on a range of select models including its own



Why Twitter is not a reliable predictor of election outcomes?

In fact, it is difficult to predict the outcome of an election based on the amount of Twitter buzz a candidate gets, according to a study.




Black money: SIT asks DRI to investigate if $505 bn moved out India from 2004-2013

The $505 billion figure was estimated by Global Financial Integrity, a US-based non-profit organization researching illicit financial flows




4G phones to drive smart devices market in India: Samsung

Mobile handset maker Samsung India today said 4G phones will drive the smartphone market in the country on the back of increasing data speed.




Paytm intros 'no transaction fee' for offline merchants

Paytm has introduced ‘no per transaction fee for consumer-tomerchant offline wallet transactions to encourage digital money transfer on the platform.




Amazon-backed Housejoy acquires personal fitness tech startup Orobind

The deal represents a growing trend in the sector where a few well-funded players are buying smaller rivals through bolt-onstock deals or acqui-hires.




Alphabet's X lab chief Astro Teller sees Internet reaching billions

Teller shared insights into the X team's balloon-powered high-speed Internet service known as "Project Loon," which aims to get billions more people online.




30 Under 30: Raman Jit Singh Chima

Raman Jit Singh Chima is using legal expertise to free the world wide web




DGCEI plans to scrutinise if MakeMyTrip levied differential service tax rate

Service tax is levied at the rate of 14% in the hotel industry with abatement applied only on 60% of the total value, so the effective rate works out to 8.4%.




Govt orders merger of NSEL, FTIL

Mahindra & Mahindra (M&M)'s 15 per cent year-on-year (y-o-y) increase in revenues for the December quarter were in line with expectations, led by higher volumes and realisations. While volume growth for automobiles grew 15 per cent y-o-y on new




Listed banks’ NPAs surge by Rs1 trillion in December quarter

29% rise in NPAs over the September quarter as banks responded to RBI’s call for a clean-up by March 2017




Investors must keep faith in 'inherent strength' of Indian economy: Arun Jaitley

Investors must keep faith in 'inherent strength' of Indian economy: Arun Jaitley - Finance Minister Arun Jaitley said the government will continue to pursue policies to support growth amid the global slowdown.




Sebi in talks with govt for tighter collective investment norms

Capital markets regulator wants to be empowered to regulate all such schemes irrespective of corpus size




Airtel challenges TRAI's new interconnection rates in Delhi HC

The Delhi High Court on Friday sought response from TRAI after Bharti Airtel submitted a plea challenging the regulator’s Interconnect Usage Charges (IUC), fixing termination charges for landline to wireless as zero paise, and wireless to wireless at 14 paise per minute, reports Economic Times.




Trai to fix inter-connection charges for VoIP calls

After the Department of Telecom (DoT) will amends the clause of the Unified License framework, the Telecom Regulatory Authority of India (TRAI) will come up




DoT Secretary Says Telecom Manufacturing Ecosystem Is Growing Stronger

J S Deepak said the main and unique selling proposition that they have is the ability to provide specific solutions to fight problems at affordable costs.




Jaypee deal with UltraTech hits hurdle

Jaypee’s two cement assets will be folded into a larger deal under which it seeks to divest entire cement capacity




Samsung market share went up to 46% in 2015

Samsung said has overall market share of 44 percent across all segments.





In Future Group's new mentoring plan anyone can be a Kishore Biyani

Under the 'Ban Jao Biyani' programme, employees who show promise for entrepreneurship are given charge of businesses to run



Hypercity names Ramesh Menon as new CEO

Yogesh Bisht was named vice president (human resources



Aim to open 20 stores; invest around $200 mn in Maha: Walmart

One store requires an investments to the tune of USD 8-10 million with capabilities of employing around 2000 people in one store, said Krish Iyer, President & CEO, Walmart India.



Amazon to buy Emvantage Payments; Acquisition expects to close in the first quarter of 2016; Emvantage employees will join Amazon's payments team

Global e-commerce major Amazon today said it will acquire online payment service provider Emvantage Payments Private Ltd for an undisclosed amount.



Paytm to spend about Rs 10 crore to market Makein-India products on its platform covering products ranging from phones to clothes and home furnishings

ETRetail.com brings latest retail news, views and updates. Get retailing news & retail industry news from all top sources for the Indian Retail industry.



After going app-only, fashion retailer Myntra reopens mobile website for better customer experience

Move comes as Myntra seeks to avoid missing out on customers, especially first time Internet users, who don’t use the company’s mobile app.



Japanese telecom giant SoftBank plans its biggest buyback ever

Japanese telecoms conglomerate SoftBank Group said on Monday it will purchase up to 500 billion yen ($4.4 billion) worth or as much as 14.2% of its own shares, in its biggest buyback to date.




Food processing needs investments and exemptions: Rasna Chief

Business Today
At the 110-acre food park located on the outskirts of Bangalore, Biyani created multi-temperature cold storage facilities that will handle multiple commodities like bananas, mangoes, apples and so on in the last year. India has the notorious ...





TRAI Net Neutrality order: Now Vodafone, Idea 4G packages under scanner

TRAI officials said that the packages by Vodafone and Idea, though distinct from Wynk, violate differential tariff regulations.




Mobile wallets beware, UPI is here

The demise of mobile wallets in India would be quite a shocker. What will happen to all the seamless payments to your taxi vendors and favourite sumptuous food deliveries?


 


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