Check Out These!!

Please check out posts at my other blogs too!!!



Where Dreamers Dare
My Tech Blog

Friday, August 18, 2017

Aug 18, 2017 - Could NSEL scam have been nipped in the bud? Probably, yes

View online   Advertise
             Unsubscribe from TradeBriefs Business Daily







Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Attrition is a standard phenomenon observed in companies large and small. However, large companies typically have processes to deal with it, while SMEs may not have the resources to continue to function smoothly when a key employee leaves. It is important for SME management to understand the reasons why employees typically leave and to devise strategies to keep their best employees. And it's not all about the pay package! For more on this story, subscribe to the SME print edition.

Introducing TradeBriefs SME - Print edition - Subscribe Now! | Sample copy

Advertisers of the day
Standard Chartered Bank (Personal Loans): Your dream holiday is now closer than ever
On behalf of SAP India: Identify the perfect SAP solution for your business in 3 easy steps
shivkhera: Optimize Performance and Move Up to the Next Level : Programs by Mr. Shiv Khera  

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).

Could NSEL scam have been nipped in the bud? Probably, yes

The aggrieved investors have had to invoke the writ jurisdiction of different high courts.




Advt: Lending solutions for all your long-term business needs

No company starts big. They grow over time. Standard Chartered will be your companion in this growth journey, giving you solutions that fit your needs at every stage (Know More)
Advt: Work for the best employer - Yourself
reseller
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.

CLSA expects Infosys' buyback price at 10-20% premium

Infosys' shares had closed at Rs 979.35 on the NSE on Wednesday.



Infosys CEO Vishal Sikka resigns, Pravin Rao interim chief

Infosys CEO Vishal Sikka resigned on Friday and Pravin Rao has been appointed as the interim CEO, the company said in a notice to stock exchanges



BSE, NSE to suspend trading in United Breweries, others from 8 September

Leading bourses BSE, NSE will suspend trading in the shares of United Breweries from 8 Sept while the entire promoter shareholding has been frozen with immediate effect



Third-party ATM use up as banks install few machines

Before demonetisation, an average 40% of customers used other banks' ATMs for cash withdrawal.Now, the number has shot up to almost 55%.



US-based startup accelerator Techstars enters into a JV with ANSR for India opearations

US-based startup accelerator Techstars, which counts remote computing platform DigitalOcean and other startup successes among graduates, has launched operations in India.



NBCC investors wait for revenue growth with indomitable faith

NBCC’s Q1 results show that the wait for revenue growth has been rather long and the trajectory is uncertain



Cognizant and Apax eye $600m LiquidHub deal

India's oldest private equity investor ChrysCapital holds around 48% stake in the company which counts Standard Chartered and Bear Stearns as customers.



70 years of banking: When will the financial repression end?

Financial repression still continues in India despite expansion of the branch network and use of modern technology



What are key drivers of economic growth in India: what you really must know about the major tools at work

Last month, the Center for International Development at Harvard University made news with its prediction that India will be an important future growth pole for the world economy.



SBI planning IPOs of two regional rural banks in the next one year

SBI is planning IPOs regional rural banks (RRBs) Andhra Pradesh Grameena Vikas Bank and Saurashtra Gramin Bank to create value and increase efficiency



Techstars wants to play a meaningful role in India's start-up ecosystem: co-founders

As Techstars launches its Indian operations, co-founders David Cohen and David Brown talk about the kind of start-ups it wants to back



Should blockchains replace CEOs?

Blockchain’s Digitally Autonomous Organization is perhaps the future of organizational structure, which can bring about digital democratization of business



Complex truths about colonial India's economy

Economist Angus Maddison dwells on India at great length and his analysis reaffirms certain popular notions of the colonial impact on the Indian economy



Govt extends deadline for filing GST returns for some businesses

Businesses claiming transitional input tax credit now have time till 28 August to file their GST returns on Goods and Services Tax Network (GSTN)



No more lobbying in public sector bank appointments

The central government has introduced "far reaching changes" in the appointments of top officials to solve many problems faced by nationalised banks.



Round tripping of funds: Sebi slaps Rs18 crore fine on 22 entities

Sebi imposes fine of Rs17.55 crore on 22 entities for round tripping of funds through fictitious transactions and siphoning off proceeds from the initial share sale of Brooks Laboratories



Japanese fashion brand Uniqlo may delay India entry

The brand was planning to open stores in India in 2018


How Xiaomi is strengthening its offline presence in India

For reaching out to customers in the offline market, Xiaomi has adopted a three pronged strategy, which includes large format retailers, preferred partners and Mi Home.


India is now the hottest destination in the retail space

Overtakes China in H1; global brands, hypermarkets expand presence: CBRE


Survey finds a 'Prime' reason why users prefer buying on Amazon

The survey, done among 2,000 Indian consumers done between February and March this year, showed 80% shopped with Amazon, while nearly 65% of these shoppers shopped on Flipkart.


India may force foreign handset makers to set up servers here to ensure data protection

The govt has already asked 21 companies, most of them Chinese, for protocols used by them by Aug 28 to ensure the security of mobile phones sold in India.



Taking aim at China, India tightens power grid, telecom rules

India is tightening rules for businesses entering the power grid and telecom sector, a move that industry officials say aims to check China’s advance into sensitive sectors



Nokia not concerned about Vodafone-Idea merger impact, looks beyond telcos for growth: India head, Sanjay Malik

The Finnish telecom gear maker’s country head Sanjay Malik said he expects the Vodafone India-Idea Cellular merger to hurt a bit as the two telcos w..



India's 'ailing' telecom sector will generate 30 lakh jobs by 2018: report

Deeper penetration of smartphones, arrival of latest technologies like 4G and 5G to help create more jobs.



IMG on telecom stress likely to meet on Friday

Officials familiar said the group is debating easing of spectrum cap within a particular band



Reliance JioPhone competitors: Feature phones with 4G connectivity

The JioPhone-a smart feature phone with 4G VoLTE support comes with a 2.4-inch QVGA display. The beta testing of the 4G feature phone began from August 15 while pre-bookings will begin from August 24.



Tata Global Beverages' mineral water brand Himalayan enters US market

FMCG sector has been a lucrative industry since earlier days and it has hardly seen a drop in its growth chart so far. With the addition of new products with a wide variety and long sustainable shelf life, the sector has retained its position as the highest performer among the sectors. The U.S. market has ...



GST triggers consolidation in warehousing industry

A wave of consolidation is sweeping over the Rs 50,000-crore warehousing industry, thanks to the goods and services tax (GST).



Tata Global Beverages to introduce ready-to-drink green tea

RTD tea market in India is pegged at Rs 140 cr, with a 9-10% annual growth rate.



Misleading to call soya, almond beverages 'milk', says Parag Foods

“Only milk obtained from milch animals can be called milk. Soya/badam drinks can only be called as substitute of milk or alternative to milk, but they cannot be termed as milk”



Emami targets Rs 1000 crore edible oil business in Bihar

Bihar stands at over 7000 tons per month in a time span of less than three years' time in terms of sales volume, Desai said.



Wheat eases on reduced offtake by flour mills

Wheat eases on reduced offtake by flour mills



Food Adulteration: The Muck in Milk

SC directed the government to amend the FSSA and IPC to award life imprisonment for milk adulterators still studies have found coliform bacteria in it



No country for uniform gain in dairy products post GST

Ghee, which is a major product sold during festivities, had attracted a 5% value-added tax (VAT) earlier in the North as against a 14.5% VAT charged in the South.



Indian FMCG conglomerate ITC Limited plans launch of (frozen) potato products

As Indian FMCG powerhouse ITC rolls out frozen prawns in select cities in the country, the company has lined up a few more product offerings - including frozen (?) processed potatoes.



How Smaller Fashion Ecommerce Players are Waging a Tough Battle in India

Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities -- get all the breaking news, right now.


TradeBriefs Publications are read by over 10,00,000 Industry Executives
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

Thursday, August 17, 2017

Aug 17, 2017 - You can borrow against mutual fund units

View online   Advertise
             Unsubscribe from TradeBriefs Business Daily







Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
For decades it has been a ritual in the Roy family to make mutton biryani on Sundays. In its preparation, while the women folk spent most of Sunday morning peeling, chopping and frying onions, everyone had to patiently deal with the 'burning eye'. One day fed up with the chore, Satyajit Roy said "Surely fried onions must be available in the market, why doesn't someone pick them up". And he immediately began searching for it online, only to realize that fried onions were available abroad, but not in India. Thus was born the idea of EGK Foods Pvt. Ltd. For more on this story and to get your company featured, subscribe to the SME print edition.

Introducing TradeBriefs SME - Print edition - Subscribe Now! | Sample copy

Advertisers of the day
Standard Chartered Bank (Personal Loans): Your dream holiday is now closer than ever
On behalf of SAP India: Identify the perfect SAP solution for your business in 3 easy steps
shivkhera: Optimize Performance and Move Up to the Next Level : Programs by Mr. Shiv Khera  

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).

You can borrow against mutual fund units

ET explains the process and the type of funds that can be offered as collateral.




Advt: Lending solutions for all your long-term business needs

No company starts big. They grow over time. Standard Chartered will be your companion in this growth journey, giving you solutions that fit your needs at every stage (Know More)
Advt: Work for the best employer - Yourself
reseller
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.

Lenders hold key to India's economic growth, policy makers say

The Reserve Bank of India's monetary policy committee (MPC) members said easing consumer inflation had supported the need for a rate cut at its August meeting, but warned prices could start accelerating, minutes showed on Wednesday.



35% YoY rise in CP investment by banks in May

Banks' investments in commercial papers (CPs) stood at Rs 1.19 lakh crore as of May 2017.



Gupta firms suing Bank of Baroda to try stop account closures

Companies controlled by the Gupta family, whose accounts are being closed down by Bank of Baroda, said they’re taking legal action against the lender



Infosys to consider share buyback proposal at 19 August meet

Infosys’s announcement saying it will consider a proposal for share buyback at its meeting to be held on 19 August comes soon after rival TCS’s Rs16,000-crore buyback



Fairfax seeks a bite of India e-commerce pie with Infibeam stake

The move is aimed at creating the war chest to fund the expansion plan of the e-retailer.



HSBC will leapfrog in India on back of Aadhaar: Kevin Martin

We took a very conscious decision to reduce the number of branches to focus our resources on the big 13 cities last year



SoftBank hits the road again, in talks with Rivigo to invest at least $100 million

Last week, SoftBank acquired a $2.5-billion stake in Flipkart, taking its total investments in Asia’s third-largest economy this year to $6 billion.



Biocon suffers withdrawal symptoms

Biocon Ltd’s shares fell 5.9% on Wednesday on news that it has moved to withdraw (and later resubmit) its European filings for two biosimilar products, trastuzumab and pegfilgrastim



The great gasification wave has passed

In the Middle East, rising prices and falling domestic supply have compelled states to turn to alternative sources of fuel



The year of the IPO Boom

Chennai: The Indian risk appetite for equity seems to be growing, with SEBI terming 2016-17 as the year of the IPO market.



CureFit in talks to raise $25-30 million in fresh funding

CureFit’s existing investors Accel Partners, IDG Ventures, Kalaari Capital will participate in the funding round, which may also see at least one new investor



Carlyle Group merges growth, buyout verticals in India

The merger of growth and buyout investment departments is part of Carlyle Group’s efforts to streamline India operations and focus on more buyout transactions



Cigna to increase stake to 49% in TTK JV

Following the transaction, TTK will own 51% stake. TTK is in the process of selling its stake partially or completely in the business.



Mutual funds’ cash level at five-month high as fund managers turn cautious

Cash levels as a percentage of mutual funds’ domestic equity portfolios rose to 5.6% at the end of July



Japan’s Mitsui OSK Lines eyes 11% stake in Swan LNG project

Besides Mitsui OSK Lines, Gujarat Maritime Board and Gujarat State Petronet are also planning to buy another 15% and 11% stake, respectively in Swan LNG



India-focussed offshore equity funds continue to entice investors

India-focussed offshore funds and ETFs witnessed healthy inflows in the April-June qua



PSUs' overwhelming presence holding back Indian economy: Ruchir Sharma

Sharma said the public sector's share in India's banking industry is two-thirds, which is way above the average of one-third in EMs.



Thyssenkrupp says it has no timeline on Tata Steel joint venture deal

Thyssenkrupp’s statement comes after a German daily reported that said no decision would be made until at least 8 September following a deal regarding Tata Steel’s UK pension liabilities



Now, 125 vehicles to deliver vegetables at consumer doorstep in Mumbai

Maharshtra Chief Minister Devendra Fadnavis has launched a project "Farmer market on wheel - Namo Yuva Rojgar Kendra", an initiative to supply agri produce primarily vegetables and fruits on the move vehicles at consumers' doorstep. Farmers need


Aditya Birla Fashion bags exclusive rights to sell American Eagle products

Aditya Birla Fashion and Retail Ltd (ABFRL) today said it has acquired exclusive right


Vodafone seeks government relief to face Jio's 4G phone freebies
Vodafone seeks government relief to face Jio's 4G phone freebies - Economic Times
Vodafones adjusted gross revenue from services has declined continuously and recorded a sequential drop of 3.41% in quarter ended June.



Reliance Jio may offer part refund for 4G feature phones before 3-year lock-in
Reliance Jio may offer  part refund for 4G feature phones before 3-year lock-in - Economic Times
Through the 4G device, Jio is targeting 500mn Indians who are still on 2G/3G feature phones, using primarily voice services and havent moved to a smartphone.



Trai data shows increases in the number of telephone and mobile subscribers in India
Trai data shows  increases in the number of telephone and mobile subscribers in India - Firstpost
TRAI data shows, the number of telephone subscribers in India increased from 1,204.98 million at the end of May 2017 to 1,210.84 million at the end of June.



'Renaissance Man of telecom'
'Renaissance Man of  telecom' - Deccan Chronicle
This is only the sixth time in the society’s almost half century history that the award has been given.



Nokia 5 smartphone to go on sale from August 15: All you need to know
Nokia  5 smartphone to go on sale from August 15: All you need to know - The Indian Express
Nokia 5 will be available for sale in offline retail in India from August 15, which is tomorrow. The Nokia phones by HMD Global were announced in June 2017, but pre-bookings for the device had opened in July. The price is Rs 12,499.



AI, automation to be next disruptions for Indian businesses: Report
AI,  automation to be next disruptions for Indian businesses: Report - ETTelecom.com
The report said key investments will be in innovation in the fields of energy, transportation and manufacturing, among others.



Defence Canteen to Debut Online Before Diwali

The Army’s canteen has a customer base of 1.2 crore defence personnel.



Tata Global Beverages to launch Himalayan water brand in US

Shares of Tata Global Beverages soared 9% on Wednesday after the Tata Group company announced plans to launch its premium natural mineral water brand Himalayan in the US market.



Pre-GST sales impact subdue FMCG cos performance in Q1: Experts

Top FMCG players, including Hindustan Unilever, Dabur, Marico and Emami would have performed much better in first quarter had sales not been impacted by de-stocking ahead of GST implementation, according to industry experts. According to a PTI report: While HUL reported a 9.28 per cent increase in its first quarter net profit at Rs 1,283 …



Swiggy hungry for more as it eyes bigger bite of India's food-tech pie

How did a three-year-old company make such rapid strides in a market where scores of other have tried, tested and failed with their offering?



Alibaba to help SMEs expand their business to global markets

Addressing a workshop for re-sellers, Alibaba.com Head, Global Supplier Department, Jack Zhang said small businesses were key source of trade and inno..


Paytm Mall lines up Rs 32 crore to onboard 50000 offline sellers

Online payments provider to set up a team of 500 experts to address the needs of new retailers


TradeBriefs Publications are read by over 10,00,000 Industry Executives
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