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Saturday, February 06, 2016

Trending: Jan 30- Feb 06 : J K stalemate: PDP delays call, BJP patience wears thin - Times of India

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J K stalemate: PDP delays call, BJP patience wears thin

PDP president Mehbooba Mufti would meet party leaders, including legislators, at her Fairview home to decide on continuing the alliance with the BJP.




Blackstone may invest Rs 450 crore in Salarpuria's Hyderabad office property

This will be the first real estate investment by New York-based Blackstone in 2016 after being one of the most active buyers of office property across India last year.




Lenovo Moto bag Third position in India's mobile market

Moto X Force, the first smartphone to feature shatterproof display, has been launched in India starting at Rs 49,999.




Manana Innovations to invest Rs 500 crore in telecom business

Telecom services company Manana Innovations plans to invest Rs 500 crore to build its mobile services business in India and abroad over the next five years.




Lenovo-Motorola claims No. 3 slot in smartphones, no plans for single brand retail

Motorola today launched Moto X Force smartphone priced at Rs 49,999 for 32GB version while the 64GB variant will cost Rs 53,999. With Moto X Force, Motorola would be back in the league of Samsung’s Galaxy S6 Edge+, Google Nexus 6P and Apple iPhone 6s. Below are top 5 points about Moto X Force:



Sebi keeps RBL Bank share sale in abeyance

Sebi keeps the share sale in abeyance due to past violation by RBL Bank




Birla Corp set to buy Reliance Infrastructure’s cement assets

Birla Corp’s unexpected bid for Reliance Cement came barely three months after Birla agreed to buy Lafarge’s 5.15 mtpa capacity for Rs5,000 crore in August




Three players in race to buy Au Financiers' 1000-crore home loan business

Those applying to set up private banks may be allowed to have overseas investment to the tune of 74% right at the beginning rather than five years later.




Banking stocks fall ahead of RBI monetary policy review

Banking stocks fell on Monday ahead of the Reserve Bank of India (RBI) sixth bimonthly monetary policy review, scheduled on February 2.




How not to start a start-up culture

The recent debacle in Shanghai’s stock market has amply demonstrated, bailing out investors from the consequences of their decisions isn’t the way to develop a resilient economy





What the RBI giveth, the government taketh away

The central bank has cumulatively cut 125 basis points in the policy rate since January 2015, yet market rates have hardly budged




India Ratings predicts Rs 2.9 lakh crore needed by banks to keep them ticking

Indian banks may need as much as Rs. 2.9 lakh crores in capital in the next 3 years in a market that is turning its back to industry due to mounting bad loans.




A year later, Airtel still does not see VoIP cannibalization

Answering a query from analysts, Airtel managing director CEO for India and South Asia, Gopal Vittal said that company still does not see any evidence of VoIP eating into voice revenues. "We have not seen any evidence of that in any city as yet. There is some cannibalization, but it is n




Aequs acquires SiRA Group to boost its reach in Europe

Move comes in a bid to double Aequs’ revenue to $100 million by the end of this financial year





Funds that pulled in investors in 2015

A combination of consistent performance, distribution strength and market conditions brought in investments




Wagh Bakri Tea may spin off retail format as separate entity

To add 50 tea lounges in tier I and II cities



Singapore-based epayment gateway Telr launches its operations in India with the aim of getting Indian medium and small level enterprises to onboard

Telr offers payments solutions to merchants using both websites and social media channels like Facebook and Instagram.



Sri Lanka to buy a 25 per cent stake in a joint venture with Google, to deliver a high-speed Internet service powered by balloons

Sri Lanka today said it would buy a 25 per cent stake in a joint venture with Google, to deliver a high-speed Internet service powered by balloons which will make the country first in the world to have universal internet access.



Digital India should not hide big corporate interests: Rahul Gandhi

Internet is a powerful poverty alleviation tool, offering unbounded opportunities limited only by imagination, whether it is a farmer looking for information on monsoon preparedness, artisans connecting with buyers in a market place or a college student from rural India enrolling for an online course.




A look-back at the architects of India’s liberalization

Led by Manmohan Singh, these nine men put India on the path of economic glasnost




Govt may ask banks for at least $295 million in back-taxes

Authorities are demanding that banks pay taxes on services they claim were rendered to customers who maintained accounts above minimum balances




OLX India announces new senior leadership appointments

OLX, which is backed by South African media giant Naspers, has appointed Irwin Anand, formerly chief growth officer at its India unit, as its new chief operating officer.




PE funds struggle to exit port investments

The sector, hit by falling exports, saw just one $25 mn investment  in 2014 and two exits worth $1.6 mn in 2015




Emami plans to be debt-free in 2 years

Firm had raised around Rs950 crore to partially fund the acquisition of Kesh King for Rs 1,684 crore last year




German retailer METRO ropes in Arvind Mediratta from Walmart as India chief

The German wholesale major runs 19 centres across the country.



Ikea's continental shift

The Swedish furniture giant is gently easing in, setting out an investment of Rs 500 crore per store as it looks to capture a new market and beat a young breed of homegrown furniture sellers



Kidswear brand Toonz Retail looks at Gulf for international expansion

Omni-channel kids wear retailer Toonz Retail India has announced a partnership with Tariq Albassami Group for entering the Gulf Cooperation Council region.



These startups will provide direct connect between retailers and customers

Startups such as Goodbox and Lookup are attempting to make daily online shopping a more personalised experience, while also helping merchants acquire and retain customers.



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