Nov 2, 2016 - SBI cuts home loans to lowest in 6 yrs

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Sree Vijaykumar From the Editor's Desk I love startups. I hate the startup scene. Founders are more interested in playing startup than actually being one. Below are some of the most common behaviours of founders and teams that are more concerned with acting like a business than being one. 1) Meetings, meetings and more meetings - "I'm in a meeting," feels very nice to say, but are you getting stuff done? 2) Having multiple people doing a job that one person can do - You don't need a team to do your social media, one scrappy content marketer is enough. 3) Worshipping vanity benchmarks - Number of employees is not a benchmark to measure success by. 4) Spending a lot of time at meetups - Networking feels like work, but what other work are you trading off to do it? 5) Overspending on shwag, office space and business cards. 6) Having more conversations with people outside of your market than people in it. 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). SBI cuts home loans to lowest in 6 yrs Mumbai: State Bank of India (SBI) has cut home loan rates to a 9. 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.   Retiring CEOs highlight major gap in mangament in PSU banks The absence of proper planning to replace the ‘socialist-boomers of the banking industry is leaving a void now that could disrupt state-run banks completely. Sebi tightens norms for credit rating companies Sebi has asked credit rating companies to define on what basis they rate companies and how the rating process is carried out Measuring the impact of the Bankruptcy Act At the Mint conference on the Bankruptcy Act, industry professionals, law professionals and stressed asset consultants discuss opportunities and challenges After $925-million BPO acquisitions, Concentrix eyes niche deals in India Minacs had $400 mn in revenue when Concentrix acquired the company, implying $130 mn was brought in by the higher value analytics piece. Greenko likely to raise $300 million to refinance SunEdison India debt Greenko acquired SunEdison’s Indian assets in October at an enterprise value of $392 million; deal required Greenko to assume project-level debt of $350 million Dabur India to acquire some businesses of South Africa-based CTL Group Dabur India to acquire personal care, hair care and creams businesses of CTL Group of Companies for around $1.5 million Finance ministry shortlists global law firms to represent India in arbitration The ministry has shortlisted 12 law firms specialising in this area based on technical bids. Companies in the reckoning include US-based Amold & Porter LLP, Debevoise & Plimpton LLP, Cabinet Joubin Bret, among others. India-Japan amended tax treaty comes into force Similarly, General Insurance Corporation of India and New India Assurance Company Ltd have also been included in the definition of 'Central Bank'. Bitcoin isn’t anonymous enough to be a currency The same transparency that guarantees the validity of bitcoin transactions also reveals the entire history of each bitcoin and all the activity of each account India mulls new formula of duty cuts to curb trade deficit with China RCEP is a mega trade agreement under negotiations among 16 entities, including India, Asean, Japan, China and Australia. Freshdesk raises $55mn in series F from Sequoia Capital India, Accel Partners The funding comes a year after Freshdesk raised its series E round in 2015, when the startup was valued at $500 million. Mutual funds now hold more Indian stocks than LIC At the end of September, the value of mutual fund equity portfolio in listed firms stood `4.94 lakh crore compared to `4.75 lakh crore held by LIC, says Prime Database Amit Mitra asks centre to come clean on GST In a letter to Arun Jaitley, West Bengal finance minister Amit Mitra says Centre concealed crucial information on service taxpayer base from states Tata group firms clarify on Cyrus Mistry claims Contrary to ousted Tata group chairman Cyrus Mistry’s claims, all the firms that replied told NSE that they had followed the law and made adequate disclosures Emami eyes investing in start-ups Venture conceived by Aditya Agarwal, Manish Goenka to fund domestic and foreign firms Prisons across the country make Rs 200 crore of goods a year The value of goods produced by jail inmates was Rs 201.8 crore, according to a report by NCRB, which is a 33 per cent jump from Rs 151.8 crore in 2014. Croma sees a fall for the first time, feels pressure from online retailers and discounts A year ago, Reliance raced ahead of the Tata Group in the consumer electronics and cellphone retailing business to become the countrys largest seller. French logistics player aims for the sky in India | Business Line FM Logistic plans mega warehouses as part of its growth plans Retail evolution: To stay relevant, offline players will have to be agile and be present digitally too Retailers are currently competing with the platform approach that uses data as a currency, because everything retail, is going digital. Amazon India claims spectacular show this festive season, posts 3 times sales in October The US etail major exudes confidence and says it will soon displace the Kunal Bahl-controlled firm from the number one position From niche to chic: Retailers, ecommerce players find potential market in hand-woven fabrics While brands like Fabindia have always worked with handloom fabrics, those like Aditya Birla Fashion and Retail and Titan Group are now readying to foray into the segment. Ratan Tata was fully in the loop on DoCoMo: Mistry In the latest round of explanations offered for the abrupt removal of Cyrus Mistry as Chairman of Tata Sons, the man who preceded and replaced him in office has said the move was "a well-considered but difficult decision made after careful, thoughtful deliberations." Mutually discuss Interconnection issue and sort it out: Manoj Sinha to telcos Vodafone India and Idea Cellular, the country’s second and third largest telecom carriers, could also join the VoLTE race soon, having bolstered the.. Clear regulatory framework necessary for orderly growth of India's telecom sector: Trai Chairman Sharma said that there are several challenges in this domain in terms of privacy and ownership of data, which have to be addressed. Hence, a regulator.. Government talks of more conducive telecom policy, spectrum reform E-band enables the ultra-broadband requirements of the telecom industry and frequencies typically falls in the range 71-76 GHz, 81-86 GHz and 92-95 GH.. Moto M and Xiaomi Redmi 4: These can be next 2 stars in phone market The Xiaomi Redmi 4 and Moto M are going to change the Rs 15,000-Rs20,000 price segment in the Indian smartphone market, especially when there is hardly any competition. Government plans second phase of telecom sector reforms The Department of Telecommunications (DoT) is now looking to herald second generation reforms like simplifying licences etc. Before you e-mail your CV to run India's Tata Group, read this In line with Tata’s personal style of dealing with executives Facebook readies India launch of mobile-first marketplace Last month, Facebook opened a mobile-first marketplace on its platform in the US, the UK, Australia and New Zealand, allowing users to discover, buy and sell Dabur India to acquire some businesses of South Africa-based CTL Group In July this year, the maker of Real juices and Vatika shampoo had bought South African cosmetics manufacturing and trading firm Discaria Trading. French logistics player chalks out warehousing plans for India ... FM Logistic plans mega warehouses as part of its growth plans India tops Nielsen consumer confidence index India's Consumer Confidence Index score climbs 5 points to 133 in Q3: Nielson - Indians were most confident globally about job prospects, personal finances and immediate spending intention in the third quarter. Health Studies Funded By Beverage Companies Are Dangerously Misleading Image: APAn analysis of 15 years' worth of experimental research into the health risks posed by sweetened beverages is raising questions about the impartiality Reliance Industries faces $1.2-billion penalty in row with ONGC over migrated gas Mukesh Ambani's RIL is believed to have exploited natural gas that migrated to its KG-D6 block in the Bay of Bengal from the state firm's adjacent asset. India replaces Philippines as most confident country in terms of job prospects Indias consumer confidence score climbed five points to 133, reclaiming its top spot in the global index from Philippines that scored 132 and Indonesia which had a score of 122, according to a Consumer Confidence Report. Indian FMCG firms outpace MNCs in growth, revenue: Assocham Domestic fast moving consumer goods (FMCG) companies have performed significantly well vis-a-vis the multinational companies (MNCs) in India during 2015-16, a research report said on Monday. Flipkart says it is still king of online jungle, value-wise According to Binny Bansal, Flipkart's strategy during the festive month was to focus on the large appliances, smartphones and fashion, and "not to sell units or visits," which he claimed Amazon India did. Amazon, Flipkart get highest number of orders during this festive season: SilverPush's Mudit Seth In this interview, he gives a deeper insight into how the rivalry between leading Indian e-commerce firms played out across TV and online. 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