Oct 5, 2016 - InvAscent in talks to exit Neuland Group

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Sree Vijaykumar From the Editor's Desk As I pass an open garbage dump on a Mumbai street, some recent reading on this topic comes to mind. 180 cities and towns in Gujarat and 110 in Andhra have been declared open-defecation free. This is remarkable progress (even accounting for some padding). Swachh Bharat however is still very much a work in progress. In this article, Amrita Chowdhury provides a Design Thinking approach to managing the various stakeholders and ingrained attitudes towards waste in India. Finally, check out this environmental activist who is wearing every piece of garbage he generates for a month. His objective? Trying to educate and inspire people to make less trash. Advertisers of the day Transjovan Capital (Board Advisory): : Where will your Company be in the next 5 years? Gartner: View complimentary research reports   Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails (B2B Decision-Makers, B2C Decision-Makers, TradeBriefs Premium). InvAscent in talks to exit Neuland Group InvAscent, which holds 33% stake in Neuland Group, has hired the investment banking arm of IDFC Bank to advise on the stake sale Advt: Work for the best employer - Yourself Advantages - Best B2B audience in India, no hard-selling or up-front costs involved, access to our content repository and air-tight agreements with instant gratification. Apply now   The Real Deal with Email and What TradeBriefs does right 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.   Mytrah close to raising Rs800 crore from Piramal SFG Fundraising deal from Piramal’s Structured Finance Group is expected to close this month Bhushan Steel looking to raise up to Rs 1,155 cr The shareholders approved special resolution of reclassification of status of Sanjiv Garg and Rajiv Garg from promoters to public shareholders Start-ups can now take foreign currency loans via ECB route Start-ups can raise up to $3 million either in rupees or in any convertible foreign currency or a combination of both, the Reserve Bank of India said RBI to ease norms on debt restructuring The Reserve Bank of India may let sustainable debt of stressed firms to be treated as standard assets IDFC Bank, Bandhan Bank take diverging paths for growth IDFC Bank does not believe in branch expansion; Bandhan, which has its origins in the microfinance business, is trying to get bulk funds from high-net-worth individuals Why has RBI settled for a lower neutral interest rate? Does the RBI now believe that India’s potential growth rate is lower than earlier estimated? Economic freedom can unlock India's vast potential It can be easily seen that countries that have more economic freedom tend to have greater prosperity as measured by per capita GDP while countries that have lower levels of economic freedom have lower economic prosperity. India Post Payments Bank (IPPB) begins recruitment for key posts India Post Payments Bank (IPPB), which plans to begin operations next year, has started its recruitment drive for key posts across its departments, authorities said on Monday. Punjab Sind Bank to raise Rs 500 cr via Basel III bonds As per Basel III norms banks need to improve and strengthen their capital planning processes. Ker Govt reiterates objection in SBT-SBI merger Thiruvananthapuram, Oct 4 () Maintaining its objection to the move to merge State Bank of Travancore with State Bank of India, CPI(M)-led LDF government in Kerala today said it was totally against the proposal and wants the Centre to desist from it. Urijit Patel more like an owl than a hawk; here is how D-Street reacted Clearly, the market is not satisfied with a 25 bps rate cut, they had expected probably between 25 to 50 bps rate cut, said Nilesh Shah, MD, Kotak AMC. Sebi working on reducing listing time to four days Sebi Chairman U K Sinha today said he has directed his team to begin working towards reducing the listing-gap to meet the global standards. Piramal Enterprises drops as Sebi slaps fine on lapse of insider trading norms This was with regard to the $3.72 billion sale of the companys domestic healthcare business to Abbott Laboratories in May 2010. Operating norms for SFBs, Payments Banks this week The Reserve Bank of India on Tuesday said it would issue operating guidelines for payme Will you pay for advice on NPS investment? According to the sector regulator, a retirement adviser can be an individual, firm, corporate body, registered trust or a society that wants to help potential subscribers open an NPS account or give advisory services to existing subscribers Do you need dynamic funds in your portfolio? These schemes use different methods to decide their equity-debt asset allocations. But performance comparison is difficult because of their short track records and different strategies used Sebi plans to add more teeth to its governance, says UK Sinha Sebi plans to boost its image as a regulator by undergoing an additional audit, instating female members on the board and taking other measures FM Logistic plans to invest 50 million euros in India FM Logistic, a billion Euro company invests EUR150 million as capex every year globally. Economic impact of India-Pak tensions will be marginal: Arun Jaitley Tensions heightened between India and Pakistan after Indian Army carried out surgical strikes in PoK. Rupee touches one-month high against US dollar after RBI rate cut The rupee closed at 66.46 against the US dollar, up 0.18% from its previous close of 66.58, after RBI cut the repo rate by 25 bps Logistics startups like Trukky, Porter, Vtransporter and Logistics Junctions offer big festive deals Unlike e-commerce discounts or cashback offers, the offers in logistics business build long-term relationships. US apparel retailer Gap Inc to sell online in India on fashion portal NNNow.com The online launch will make Gap products available beyond the metros and tier I cities, giving the company an edge over rivals Zara and H&M. Ratan Tata-backed Moglix raises Rs 28cr Series A funding led by Accel Partners Moglix, an online marketplace for industrial supplies, has raised Rs 28 crore from Accel Partners and other investors. This is a series A round of funding. Are You Making Mistakes As A Supplier When Selling To The Big 4 UK Supermarkets? Many Suppliers struggle with the challenges of negotiations being escalated, selling category opportunities, and getting the Buyer to do what has been agreed. In this Guide there are 8 mistakes that Suppliers make when dealing with the big 4 UK Supermarkets, the consequences of those mistakes and how to avoid them. Click here for course enquiry French luxury brand Roche Bobois opens flagship store in Delhi ... Iconic French Luxury Furniture Brand, Roche Bobois opened its flagship store, at The Gallery on MG, located on the Mehrauli-Gurgaon road, in New Delhi, recently.The luxurious store spread across 8 Google hires Amazon's hardware chief to run new smartphone line Google's hardware division has hired Amazon's David Foster as VP of product engineering, according to a report from The Information that says he'll lead future development on the company's new... Sears CEO Lampert Lashes Out at Reports He's Planning to Shut Down Kmart Sears' Lampert denies reports he's shutting down Kmart, the second time in 10 weeks the company has felt the need to defend the discounter. Here's Everything You Wanted To Know About Fake Coins And How They Are Minted If you are taking small change in the form of coins from petrol pumps, toll booths, vegetable vendors and grocery stores, BEWARE! Delhi's market is flooded with counterfeit coins ranged from denominations of Re 1 to Rs 10. Fake coins - if police sources are to be believed - worth Rs 10 lakh have been circulated from here in the past four months. Launch of GSAT-18 postponed due to heavy cross winds The launch, scheduled between 2 am and 03.15 am on Wednesday, was postponed by a day due to heavy cross winds, according to sources. Consumers will be ultimate winners of spectrum sale The biggest ever spectrum auction in India is underway where the govt has put for sale spectrum across all bands that will helps telcos improve Blaupunkt picks India for global mobile phone accessories launch Blaupunkt's range of accessories will include mobile chargers, data cables, earphones, power banks Day 3: Spectrum auction gets bids worth Rs 60969 crore The 2010 bidding in this band marked entry of Reliance Industries in telecom, as Reliance became the only operator to have 4G spectrum across the nation. India's Telecom Sector To Cross USD 30Bn By 2020 He said the rapid growth of the sector has fuelled the demand for telecom equipment including mobile phones, which is about $20 billion in 2015-16. Top trends likely to shape the Indian Mobile Market in 2016 The year 2016 has witnessed mobile power like never before, and its only getting better. The Indian telecom industry: Consumer trust deficit and the need for transparency India, today, is well on its way to become a digitally-powered global powerhouse, largely because of the tremendous growth that the country’s telecom indust.. SC scrutinises impact of mobile towers; seeks Centre's report Snapdeal sale on real estate: Massive properties sale on Navratri announced, priced between Rs 30 lakh to Rs 5 crore Snapdeal sale on real estate: The ecommerce major is looking to make this festive online shopping spree one of the biggest occasions in the life of its customers by putting properties on sale and that too priced anything up to Rs 5 cr. ShopClues witnesses an increase of 153 pct mobile app downloads from tier III cities With smart phones and internet penetration in tier II and III cities customers are getting more tech savvy. In the ongoing shopping fest mobile application downloads have increased the share of ecommerce sales.India's top e-commerce companies like Flipkart tightens cash tap to its marketplace by 70% Parent company reduces equity infusion in Flipkart marketplace to Rs 1,629 cr from Rs 5,456 cr a year earlier Daydream View is the first Google VR headset for Daydream compatible phones Google is expected to focus on not just its new brand of smartphones, but also the official launch of Google Home, its Amazon Echo-like offering and other hardware like a 4K Chromecast and the much-talked about Daydream. Google looks to expand enterprise business : Will take on Microsoft, IBM Google had sounded its intent to go after the enterprise business in India when it cut prices nearly in half to drive adoption in 2013. 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