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Saturday, April 16, 2016

Trending: Apr 09- Apr 16 : Anil Kapoor invests an undisclosed amount in Indi.com; Indi.com allows individuals and companies to create and monetise content by sharing videos - Economic Times

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Anil Kapoor invests an undisclosed amount in Indi.com; Indi.com allows individuals and companies to create and monetise content by sharing videos

I believe in the ideal of Indi as a way of empowering the next generation of talented individuals to let their voices be heard,” Kapoor said.



The Real Deal with Email and What TradeBriefs does right
vivafit
So, here’s the real deal with email. Yes, we all get too much email, but for those of us who check it, we do so over 15 times a day.

 


DLF starts stake sale of rental assets arm DLF CyberCity to reduce debt

The stake sale will help DLF trim debt; multiple investors are likely to buy stakes in DLF CyberCity






Deutsche Bank raises price targets for steel makers like Tata Steel, JSW Steel

Deutsche Bank raised its price target on Tata Steel and JSW Steel by 38% and 21%, respectively, as it expects the sector to benefit from the governments focus.




Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
On the way to Mr Ambani's $1 billion home, one will pass maimed homeless boys begging at the traffic lights. While our techies work on some of the world's cutting edge problems, khap panchayats execute honour killings of boys and girls who fall in love outside their caste. India's diversity is mind-boggling in every possible way. How does a political party cut through this clutter to win elections - by using structures that have held us together for centuries (religion, caste, class, language). Unfortunately, these structures also divide us into polarized groups, leading to long-term societal damage. There IS a better alternative - the uniquely Indian development agenda (imagine the socialism of the AAP combined with the right-wing capitalism of the BJP). It's time for a new way forward - Comment


Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Over the weekend, I was fortunate to meet two gentlemen who are using the power of education to transform the next generation of India. Ramji Raghavan's Agastya International Foundation is instilling scientific curiosity in the minds of rural children all over India. It reaches over 1.5 million children and 250,000 teachers every year through its mobile science fairs and its campus in Andhra Pradesh. Backers include Rakesh Jhunjhunwala, A M Naik and Narayana Murthy. In far flung Ladakh, another visionary, Sonam Wangchuk is transforming Ladakh (and its school system) using smart engineering and science, including the use of innovative ice stupas to solve water problems. Sonam seems to be the inspiration behind Phunsuk Wangdu in the movie 3 Idiots - Comment

Lupin to market new inhaler 'Loftair' in India

Lupin has entered into a co-marketing agreement with Novartis Healthcare to promote the inhaler drug.




Exclusive: Dior remains in my DNA, says Kalyani Saha Chawla

- Kalyani Saha Chawla, VP - Marketing and Communication, Christian Dior Couture, completes 10 years at the hallowed label. In an exclusive to After Hrs, she talks about how she managed to keep the label ahead of the luxury retail curve...



Online marketplaces' cashback offers distort level-playing field, says retail association

- According to the Retailers Association of India (RAI), the cashback or money back guarantee offered by an e-commerce marketplace should be considered tantamount to influencing the selling price.



Cairn India, Vedanta merger only after tax liability settled: Government

Vedanta had in 2011 acquired Cairn India from its British promoters, and last year proposed to merge the cash-rich firm with BSE-listed Vedanta Ltd.




Standard Chartered to sell over $1 billion of India loans

Standard Chartered starts discussions with potential investors to sell loans in the backdrop of an increase in stressed assets




DLF promoters to sell 40% stake in rental arm for Rs 12000-14000 crore

DLF promoters to sell 40% stake in rental arm for Rs 12,000-14,000 crore - The real estate firm will continue to own remaining 60% stake in its rental arm DLF Cyber City Developers Ltd (DCCDL).



Are foreign banks' shrinking business a blessing for domestic companies?

Eight senior Barclays employees recently joined IIFL and five more are likely to come on board in the next few weeks.




Crime branch issues letter rogatory to VoIP services abroad

Crime branch has issued a letter rogatory to VoIP service providers in Switzerland and South Africa through ministry of home affairs for providing IP addresses of the devices from which gangster Ravi Pujari had made extortion calls to builders in Gujarat over a period of two months in December 2015 and January 2016.




Tata Steel to sell part of UK business to Greybull Capital

Greybull Capital to pay a nominal £1 for the entire long-products business and take over its assets and liabilities; about 4,800 jobs will be saved




iPhone SE first day demand weakest for Apple phones

For many markets, the iPhone SE is being pitched as an affordable iPhone which is not evident in India with the current pricing but in a couple of months that can all change.




Bharti Airtel ends Reliance Jio's advantage with spectrum deals; becomes a pan-India 4G player

The buy will also reduce Airtels uncertainty and need to bid aggressively in the airwave auctions slated for July, analysts said.




UIDAI asks ecommerce companies to stop enabling Aadhaar data collection

The Unique Identification Authority of India (UIDAI) has asked ecommerce companies like eBay, Flipkart, Amazon etc., to not allow merchants on their platforms to collect Aadhaar information from the general public for printing Aadhaar cards. Doing so or aiding people doing it, will invite a crim




IDFC Alternatives in talks to invest Rs600 crore in ACME Solar

The funding will help ACME complete solar power projects that are under development across various states in India




Aadhaar card security caution: Ecommerce majors Flipkart, Amazon, ebay get UIDAI warning

The Unique Identification Authority of India (UIDAI) on Monday cautioned e-commerce companies such e-bay, Flipkart, Amazon etc not to allow their merchants to collect Aadhaar information from general public for printing Aadhaar card.



Who really runs AirAsia India?

Documents, emails show that Malaysia’s AirAsia Bhd has final say in decision-making, in violation of Indian law




Bharti Airtel, Kotak joint venture gets payment bank licence

The new payments bank will help the fourth largest private sector bank by assets to break new grounds among the unbanked and expand its reach in the huge rural market.




Indian telcos welcome TRAI's suggestion to reduce spectrum usage charges

The government will defend the call drop penalty in the court, says attorney general Mukul Rohatgi




India gets $42 bn FDI during April-February: RBI

Data revealed that FDI in February was $3.2 billion, down from $5.14 billion in January. The foreign direct inflows were $3.48 billion in February 2015.





Corporate bond market to take 3-5 years to develop: Federal Bank CEO

Corporate bond market to take 3-5 years to develop: Federal Bank CEO - Shyam Srinivasan sees the next 12 months as a positive period with the Indian economy, says 9% growth will flourish the banking sector.




Mahindra forays into MF business, eyes rural, semi-urban markets

The company will focus on rural and semi-urban markets where its non-bank lender parent Mahindra Finance has a strong presence





RIL, BP ready to drop arbitration over gas prices?

Discussions initiated with govt; firms also signal intention to invest $10 billion over the next few years




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