Nov 1, 2016 - Khandelwal Labs in talks to sell oncology portfolio to Italy's Menarini

View online   Advertise              Unsubscribe from TradeBriefs Business Daily

Sree Vijaykumar From the Editor's Desk Today, the information that buyers need to make a purchase decision is just a click away. The power in the buying and selling process has shifted from the seller to the buyer. Also, information is free now. Sales no longer gets to play gatekeeper. So what does this shift mean for the future of sales? There are three things that stand out: 1) Helping is the new selling. Sales today is all about being helpful and building trust - not about being pushy or trying to close a deal. 2) Businesses need to start treating people like people, not leads. 3) Sales reps will be compensated for customer success. More here Advertisers of the day The Economist: Subscribe now and get a Hidesign passport wallet free BMW: Celebrate joy with BMW Festival 2016   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). Khandelwal Labs in talks to sell oncology portfolio to Italy’s Menarini Menarini India to carry out acquisition for about Rs170 crore 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.   Mahindra Finance: where is the rural recovery? Gross non-performing assets grew by a massive 35% to form 11% of the loan book as of 30 September Getting the banks to turn on the lending tap Most of the solutions in the air today will take time to take effect, when it is urgent to revive credit growth now CenturyLink to buy Level 3 Communications for $34 billion The deal also promises to help CenturyLink by giving it access to about $10 billion in tax credits that Level 3 is carrying on its books The good and bad of investing in a unit-linked insurance plan In terms of insurance, this is a type-1 Ulip, which means on death of the policyholder the policy pays higher of the fund value or the sum assured, subject to a minimum of 105% of all the premiums paid to the beneficiary Gig economy on rise in India The 'gig' or 'shared' economy has become a trend globally State Bank of Hyderabad faces blues ahead of merger with SBI State Bank of Hyderabad’s provisions and contingencies surged 755% to Rs2,074 crore in the September quarter Banks to report frauds of Rs 1 crore and above to CVC Based on the reports, the anti-corruption watchdog, which has hired four General Manager ranked officers from bank as advisors, will recommend whether CBI probe can be ordered. Ratan Tata-Cyrus Mistry spat has hurt group’s reputation: Dwijendra Tripathi Tata chairman’s secret to success lies in being a consensus leader rather than an aggressive one, says business historian and former IIM-A faculty Dwijendra Tripathi Some sparkle but India Inc's recovery still elusive Revenue growth remains muted, so is pricing power KKR and Canada Pension Plan eye $4 billion stake buy in Bharti Infratel, may emerge as largest shareholder Bharti Airtel said in a stock exchange notification last week it had board approval to explore monetisation of a stake in Infratel, but did not give details. Metlife looks to exit India insurance venture “Discussions have begun with global investment banks. Metlife is looking to globally restructure its businesses.” Post Payments Bank eyes synergies with financial services biz of India Post Aimed at creating a mechanism where balances in excess of ₹1 lakh stay within the postal system 6 lakh SBI customers to get new debit cards State Bank of India (SBI) has dispatched over 6 lakh new debit cards following reports of the biggest-ever cyber security breach in the country’s banking system. Why do Indian companies have trouble with successful transitions? Even if a family scion gives up power willingly, as Ratan Tata seemed to do, he or she continues to exert an inexorable influence on company managers. Consolidation can help Ecomm firms avoid heartburn As far as internet penetration goes, we had over 402 million internet users at the end of 2015.We expect this number to go close to 60% by the end of 2020. Amazon's India investment commitment on track: Amit Agarwal After Amazon.com’s chief financial officer Brian Olsavsky said last week that even though the company’s investments into its Indian arm have started to show results they hit the US parent’s margins, Amazon India’s chief Amit Agarwal has said that that Amazon’s investments into India will continue as planned. Cracker of a festive sale for Amazon with 3X sales Amazon India conducted its festival season sales in three phases during October. The company said it sold more than 15 million units in the first phase of its Great Indian Sale, a three-fold increase over its five-day sales event last year. Netflix, Amazon Take Divergent Paths to Reach Indian Audience The contrasting approaches in India highlight fundamental differences in how the streaming giants—Netflix and Amazon—are pursuing international growth, as the U.S. market gradually matures. Amazon's cloud is bigger than Microsoft, Google and IBM combined, researcher says Amazon Web Services is vastly overpowering its competition in the cloud computing market. Lipsticks sold on Amazon could deck up more than 25 million brides Amazon, the world’s largest online retailer said it has experienced its biggest-ever festive season since starting operations in India three years ago. With the three waves of the Great Indian Fest India Poised to Overmatch United States in eCommerce Payment Week Payment WeekBusinesses of tomorrow may be inclined to put a little more focus on the Indian market if a new report from Worldpay comes to pass. The report suggests that the Indian market could surpass the United States in the eCommerce field in as little as two ... Retail success could put Noel Tata in chairman race Wanted: dynamic leader to run $100 billion global corporation. Has extensive experience in software, steel, telecoms and automotive, knowledge of tea and hotels a plus. Must have good internal communication skills. Heritage Foods Has Signed An Acquisition Agreement For Reliance Retail's Dairy Business Heritage Foods Ltd said it will acquire the dairy business of Reliance Retail through a slump sale.According to a PTI report: The company has executed a binding agreement for the acquisition. The Reliance Jio officially announces 4G SIM door delivery system in select cities When Reliance Jio came to know that people have started black marketing their SIM cards by selling them at some price from Rs. 100 to Rs. 300 at online and Food prices likely to remain moderate leaving room for rate cut by RBI Apart from pulses, prices of cooking oils and vegetables have steadied, helping retail inflation moderate. Sugar prices, however, have increased nearly 40% year on year. For more and more Indians, 'cashless' is king With digital transactions taking off, printing of currency notes dips Wanted: Dynamic Leader to Run $100 Billion Global Corporation In line with Tata’s personal style of dealing with executives Net shutdowns costing India dearly Internet shutdowns cost India $968 million (Rs 6,485 crore) in 2015-16, the largest loss among 19 countries surveyed and the result of 22 shutdowns, the same as war-torn Iraq, according to a report by Brookings Institution indicating the negative effect of these shutdowns on the economy. Indian telecom service providers executes 100-day plan to solve call drop menace Broadband, according to DoT’s amended definition is a data connection that supports interactive services, including internet access, capable of a mi.. Facebook to bring its mobile-first marketplace to India, targeting OLX, Quikr Facebook has over 155 million users or nearly one in two smartphone users making it among the most used internet sites in India Google tries new approach with voice on Pixel phone About six months ago, people working on hardware and the voice-activated Google Assistant for the Pixel phone started sitting next to each other at the company's Jio effect: VoLTE phone sales pick up in India There is good news for Indian 4G operators. Counterpoint Research says almost 7 out of every 10 smartphones shipped in India was LTE capable and 8 out of every 10 LTE capable smartphones were VoLTE ready in Q3 2016. The beneficiary from this development will be 4G operators such as Reliance Jio Infocomm, Bharti Airtel, … KKR, CPPIB eyes $4 billion Bharti Infratel stake buy, may emerge as largest shareholder Bharti Airtel said in a stock exchange notification last week it had board approval to explore monetisation of a stake in Infratel, but did not give details. Bangladesh telecoms caught up in $500 million tax row DHAKA, Bangladesh (AP) — By government accounts, four foreign-backed cellphone operators owe $500 million to Bangladesh in unpaid taxes. By the companies' ac... Indicted call centres: Down but not out? Two days after the US authorities indicted 61 entities including five Ahmedabad-based call centres -HGlobal, Call Mantra, Worldwide Solution, Zoriion Communications Pvt Ltd, and Sharma BPO Services -some of the call centres are suspected to be still functioning. Geo-targetting of ads on TV: Here's how broadcasters can expand the ad pie Geo-targeting of ads on TV is a significant way of unlocking the hidden potential of available ad inventory. While still in its infancy in India, it has the potential to help broadcasters tap into a much wider pool of advertisers and expand the ad pie. Tilda basmati gets a global makeover Tilda, which claims to be the UK’s number one basmati rice brand, has unveiled a new look as part of a multi-million-pound global re-launch. The initiative Dabur launches Ayur Marathon : World's largest Ayurvedic products manufacturing company Dabur India Ltd with National Ayurveda Students and Youth Association (NASYA) today hosted the first edition of Ayurmarathon - a marathon for Ayurveda awareness in Bhopal from Bitton Market to Dashara Market. Domestic FMCG firms log more revenue than MNCs in FY16: Report Among the domestic FMCG majors, ITC Ltd reported a revenue of $ 5,944.79 mn, while Britannia Industries Ltd's revenue was at $ 1,222.75 mn, the report said. CAIT claims 60% dip in sales of Chinese goods this Diwali CAIT claimed that there was a 60% dip in the sales of Chinese goods What fintech startups in India can learn from Baba Ramdev Top players in the banking industry may have an edge over smaller companies, but fintech startups can become valuable too if they focus on three key things. E-auction: Tea Board all set to issue fresh tenders for inviting banks A senior official of Tea Board said "Tea Board has prepared a draft tender for inviting banks which was discussed among all the stakeholders on last Friday. Beyond Products: 5 innovative product designs of FMCG brands Many traditional marketers still believe that getting seen is the first step in the journey to becoming successful. This is where comes in packaging and the impact of first impressions. Unconventional, innovative packaging does not just make a product easily discover-able, but also helps to create brand recall in the long run. For those engaged Varun Beverages IPO gets thumbs down from retail investors Overall, the Rs 1,000-crore IPO of the largest bottling franchisee of PepsiCo was oversubscribed 1.86 times, but the retail portion was undersubscribed. 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