Jul 22, 2016 - Narendra Modi lures India's top fossil fuel companies to back solar boom

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Sree Vijaykumar From the Editor's Desk I always wanted to meditate, but could never get myself to. This video has been a revelation, because once you understand why something is done, a task begins to take on a whole new meaning. If you've heard 'focus on your breath', now you'll know why. Go ahead, watch this 1 minute video. You can meditate while you are travelling, in a meeting room, while you are at your desk, anywhere you want - even if it's just for a minute, it's worth it. Narendra Modi lures India’s top fossil fuel companies to back solar boom Narendra Modi plans to expand clean energy in India to 175 gigawatts by 2022 from 45 gigawatts currently India link emerges in $3.5 billion forex trading fraud at HSBC Two senior executives have been accused of doing ‘front-running’ by cheating Cairn Energy that was selling part-stake in Cairn India Succession plan for HDFC Bank in place, says Aditya Puri “We have a very clearly defined succession plan … kuch ho gaya toh there is a successor … there are two three levels below me so dont worry,” the colourful Puri said. 10 new VC investors who are upbeat on Indian start-ups The promise of an online retail market that Morgan Stanley sees at $120 billion has attracted a new set of brave souls willing to bet their millions Cairn India expects merger with Vedanta by March-end “Your company will get access to Vedantas tier-one metal and mining assets, which are well-invested, low cost and have a long life,” Agarwal told shareholders. Sebi may help in govt's recapitalisation plans for PSU banks The infusion, part of the broader recapitalisation move, will increase in some cases shareholding of the promoter, that is govt, beyond 75% - the limit set by Sebi. OVL raises $1 billion via dollar bonds for Vankor oil field stake buy The proceeds will go to refinance a $1.2 billion bridge loan ONGC Videsh had taken from foreign banks to pay for 15% stake in Rosneft’s Vankor No major exposure to stressed sectors: HDFC Bank The bank today reported a 20.2 per cent jump in its net profit at Rs 3,238.9 crore in the April-June quarter as against Rs 2,695.7 crore in the year-ago period. TN to mobilise Rs 3000 cr: Finance Minister TN to mobilise Rs 3,000 cr: Finance Minister Federal Bank has signed an agreement with Reliance Jio Money for One-Click payment service Once launched the Banks customers will be able to perform a variety of transactions across numerous merchants in just a click. India tops chart in financial inclusion progress: BCG The report noted that India also leads the pack in progress on financial inclusion as nearly 200 million people have gained access to financial services. India among emerging economies becoming exposed to external shocks, says Moody's India with $474 bln in external debt as of 2015 has experienced the 2nd largest rise since 2010. Its external debt to GDP ratio has risen to 23% from 17% in 2005. Cairn India to continue to finance existing projects to boost hydrocarbon producion During the year, Cairn India's operations helped reduce India's import bill by over Rs 21,000 cr NDB should focus on creating strong project pipeline: Finance Minister Jaitley The Board of Governors also decided that the second annual meeting of NDB will be held in India in 2017. Will single window help real estate firms get clearances? In an annual conference on the real estate sector, developers voice their concerns regarding the approval process 25 years of reforms: How PV Narasimha Rao unleashed India Manmohan Singh, the brain behind the reforms as Raos finance minister, said: “I had no idea that Rao was in favour of liberalisation." Kumar Rajagopalan: Architect of retailers' fightback against ecommerce companies A former Shoppers Stop veteran and ex-IBM executive, Rajagopalan is considered by many as one of the architects of brick-and-mortars fight against ecommerce. How tech firms are helping retail brands like Biba and Pantaloons in strengthening online foothold By launching digital stores, brands are directly competing with other as well as with online marketplaces such as Flipkart and Amazon that also sell their products. ShopClues poised for a strong rural push Aims to reach 3,00,000 rural stores in the next18 months Why Flipkart Is Building A 670 Crore Digital Payments Business It's betting on a changing habit UK retail sales suffer biggest fall in six months, no EU effect reported Retailers had not reported any anecdotal evidence of the unexpected result of the June 23 referendum affecting sales during the five-week period which ended July 5. Amazon Flex allows drivers to deliver packages within just half an hour of ordering Drivers can make £15 per hour through Amazon Flex, which will be piloted in Birmingham and then be rolled out across the rest of the country following a successful launch in America. Amazon forays into furniture sales, to set up 5 warehouses The e-commerce behemoth has launched its range of furniture products will set up three FCs in Tamil Nadu. Next big thing in e-commerce, online grocery start-ups in India struggle Once seen as the next big thing in online commerce, the euphoria surrounding e-grocery companies seem to have whittled. Mumbai-based logistics startup Truckola raises Rs 4cr in angel funding The Mumbai-based logistics firm was founded in 2015 by Raghav Himatsingka and Keshav Himatsingka. Department of Telecommunications may ban trading, sharing of airwaves till auctions end Sources say the ban is likely to kick-in when the Notice Inviting Application is published, which is likely early August given the September timeline for the auctions. Telecom Minister Sinha calls mobile operators over call drops According to TRAI, there has been a similar trend of complaints against Airtel, Vodafone and Reliance in the last three years. TRAI gives more time on responses to Paper on internet telephony which can affect mobile TV, IPTV The Telecom Regulatory Authority of India today decided to give more time to stakeholders to respond to its consultation paper on internet telephony (VoIP). | TRAI gives more time on responses to Paper on internet telephony which can affect mobile TV, IPTV | Indian Television Dot Com How Japan could help India's mobile gaming boom Social media and entertainment are the most popular genres when it comes to downloads; with gaming being the leading sub-genre Pokemon Go coming to Windows Phone 'soon' Pokemon Go has been released much to mass frenzy around the game and it has already surpassed the daily active user metrics of Facebook, Twitter, Tinder and India, Tunisia to foster cooperation in IT, telecom sector The Union Cabinet under the Chairmanship of Prime Minister Narendra Modi has been apprised of a Memorandum of Understanding (MoU) signed between India and Tunisia on June 2, 2016 for strengthening bilateral cooperation in the field of Information and Communications Technology (ICT) and Digital Economy, an official statement said... Think twice before you shop online while abroad Swiping a credit card indiscriminately and accessing public Wi-Fi without protection could land you in trouble, warns Kaspersky Discount sites are raking in millions thanks to the offers that make Indian e-commerce sites bleed Price comparison and bargain hunting sites are rising to profitability on the back of deep-discounted online shopping. India: Verlinvest, DSG Consumer invest $6.6m in Drums Food Belgium-based investment firm Verlinvest and DSG Consumer Partners, have led a $6.6m funding round in yogurt and ice cream maker Drums Food. ShopClues CEO: No merger talks with Flipkart Reports of ShopClues-Flipkart merger come in the wake of speculation about consolidation in the e-commerce space. 165% surge in growth for Amazon's home, kitchen segment The home category grew by 200%, while the kitchen category grew at 135% Focus on higher margin products will help us turn profitable: Myntra CEO Interview with Chief Executive Officer, Myntra PE firm Multiples in talks to invest in Encube Ethicals Multiples Alternate Asset Management Pvt. Ltd is in advanced talks to invest in contract development and manufacturing firm Encube Ethicals Pvt. Ltd, in a deal that will be the private equity firm's second investment in the healthcare sector. Multiples, led by former ICICI Venture CEO Renuka Ramnath, is looking to invest Rs 275 crore ($41 million) in Encube, the Mint reported. The PE firm declined to comment on the development while an email sent to Encube did not elicit any response. Nykaa adds more brick-n-mortar in the mix to enhance beauty play - The company is backed by multiple investors including Marico chairman Harsh Mariwala and Hexaware Technologies chairman Atul Nishar. Mobile apps to improve MSEDCL consumer services 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