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Wednesday, February 15, 2017

Feb 15, 2017 - Defence firms using global to go local under Narendra Modi's Make in India plan

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
No matter how much their carnivorous friends might deny it, vegetarians have a point: cutting out meat delivers multiple benefits. And the more who make the switch, the more those perks would manifest on a global scale. But if everyone became a committed vegetarian, there would be serious drawbacks for millions, if not billions, of people. "It's a tale of two worlds, really," says Andrew Jarvis of Colombia's International Centre for Tropical Agriculture. "In developed countries, vegetarianism would bring all sorts of environmental and health benefits. But in developing countries there would be negative effects in terms of poverty." More here

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Defence firms using global to go local under Narendra Modi’s Make in India plan

Indian firms in the running to build planes, warships, submarines and tanks include L&T, Mahindra , Tata Advanced Systems, Reliance Defence and Kalyani Strategic Systems

Brightest minds of India Inc. to convene at Retail Leadership Summit 2017 to deliberate on the future course for retail in India
Come February 15, and Renaissance Hotel & Convention Centre, Mumbai will be abuzz with activity as the best and brightest minds of retail from across India will come together to chart the way forward for the industry at the Retail Leadership Summit (RLS). To be held on February 15 – 16, RLS is the biggest knowledge sharing platform for the industry organised by the industry, for the industry. Organised by Retailers Association of India (RAI), RLS 2017 will focus on the theme Collaborating to Win the Connected Consumer as Collaboration is the need of the hour, the way ahead for all. Speakers at the event include industry leaders such as BS Nagesh, Founder TRRAIN & Chairman RAI; Dr A Velumani, Creator & MD, Thyrocare; Govind Shrikhande, MD, Shoppers Stop, Hari Menon, Co-founder & CEO,; Vijay Shekhar Sharma, Founder & CEO, Paytm among others. To know more,click here


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US under Donald Trump offers a new opportunity for India: S. Jaishankar

If there is one relationship that we need to work on, it’s the China one, says foreign secretary S. Jaishankar

The Maggi ban: How India’s favourite two-minute noodles lost 80% market share

‘No added MSG (monosodium glutamate)’, claimed a bright-yellow packet of Nestle Maggi Noodles. A UP food inspector checked, and found a lot of lead in it as well

Srei Infrastructure Finance looking to exit non-core business

Srei Infrastructure Finance is looking to sell parts of its equipment rental business grouped under Quippo

BSE companies’ market capitalization hits record Rs116 trillion

Mutual funds and strong domestic investor interest fuelled mid- and small-cap stocks, along with the front line indices

ZestMoney raises $6.5 million

ZestMoney will invest the funds in technology and product development

Bookmyshow picks up 75% stake in Townscript

Townscript is the second acquisition this year by BigTree, which owns Bookmyshow, after it took over Hyderabad-based MastiTickets last month

Blackstone's PE business co-head Mathew Cyriac quits to start own venture

Cyriac, senior managing director and partner, decided to leave the firm after more than a decade to launch a new fund and to become what could be called a ‘friendly activist investor in Indian public equities.

Tackling distressed loans: Bad bank is not a bad idea after all

Despite efforts to curb bad loans, the result has been disappointing as Indias stressed assets are highest among big emerging markets.

In digital rush, banks may let you down

Will help lenders take action quickly and invoke penal measures in high-value fraud cases

Bank of Baroda sees growth in bad loans slowing

Ashok Garg, an executive director, said the Bank of Baroda expects gross non-performing loans to total about 450 billion rupees ($6.7 billion) in the current year ending in March.

When investors look beyond past performance

When some of the other closed-end mutual fund schemes have rolled over, despite good performance the IDFC AMC did not roll over its closed-end fund. Let’s find out why

Japan’s JERA acquires 10% stake in ReNew Power for $200 million

Set up in 2015, JERA is the equal joint fuel venture between Japan’s largest utility Tokyo Electric Power Co. and Chubu Electric Power Co.

Rallying rupee is RBI’s insurance policy for unpredictable times

Rupee’s sharpest rally in almost a year is giving RBI scope to take out an insurance policy for what could be a tumultuous 2017

Amway India plans to earn over Rs 5000 crore turnover by 2015

Franchiseindia.comCountry's direct selling FMCG Company, Amway India has launched its Express Pick and Pay store in Jamshedpur, its first such store in Jharkhand, and said it has plans to launch eighteen more Express Pick & Pay store across the country over a period of ...

RP-Sanjiv Goenka Group to enter into the apparel retail business

The business will be initially launched in Kolkata and then the National Capital Region and Hyderabad. “Hitherto food and staples were the main pillars of the retail business.

Iconic jewellery brand Faberge debuts in India

Faberge, an iconic global jewellery brand, has debuted in India where it is showcasing latest creations and collections as the company seeks to tap a ..

Marquee labels including Gap, Zara to come with smaller price tags

US fashion brand Gap is looking to bring down prices of certain products by 10-15% by allowing its India franchisee Arvind Lifestyle Brands to manufac..

Vodafone-Idea merger: Telecom companies may call for easing spectrum caps

If India’s 2nd and 3rd-largest telcos do decide to merge, the resultant entity would need to surrender a significant amount of spectrum under the cu..

Price of biggest wave of M As? Massive job cuts likely in telecom industry

Staff cost is around 4-4.5% of revenue, but the real crunch will come in sales and distribution, which in telecom is entirely people cost, said a HR head.

Valentine's Day prompts warring telecom industry talk love

NEW DELHI: It's Valentine's Day, and India's warring telecom industry decided to play along with the theme of love.

Ericsson bags Rs 2040 crore 4G contract from Vodafone India

If Indias 2nd and 3rd-largest telcos do decide to merge, the resultant entity would need to surrender a significant amount of spectrum under the current rules.

Nokia to re-enter India around April, Make in India devices on the cards

It is expected that Nokia 6 will be the first device to be made available in the Indian market.

International law not adequate to check terror cyber attacks: India

Citing the 26/11 Mumbai terror attacks, India said that financial hubs are targeted by terrorists to impact a country's economy.

Vodafone's Indian deal has an elephant in the room

Idea shares have soared 55 percent in the last month. That could help it secure half of the enlarged $25 billion giant - but Birla would still be redu..

Trai extends deadline for views on sustainable telecom till March 28

“On request of some of the stakeholders, the last date for receipt of written comments has been extended up to March 14, 2017 and counter comments, ..

Why are companies furious when Bollywood uses their names?

Why are companies furious when Bollywood uses their names? - From Bata to Zandu balm, are brands taking the use of their name in Bollywood too seriously?

How Nestle is rebuilding in India—18 months after the Maggi ban

Since the Maggi ban in 2015, Nestle has reworked its strategy and now plans to focus on new product categories such as cereals, healthcare and skincare

CXO hiring mandate up 25-40% since January

“The start of 2017 saw new direction from companies wanting to be prepared to capture the potential growth," said Nicolas Dumoulin, managing director, Michael Page India.

Godrej Industries posts Rs42.31 crore loss for December quarter

MUMBAI: Godrej Industries' consolidated net profit for the third quarter (Q3) ended December 31, 2016, as more than doubled to Rs 76 crore, while total income increased 34% to Rs 2,257 crore.

AdEx to increase by 10 per cent in 2017; FMCG to lead: GroupM

In 2017, India's advertising investment will touch Rs 61,204 crore, predicts GroupM, in its annual AdEx futures report titled 'This Year Next Year'.

B-school placements: Start-up jobs no longer most sought after

After the unpleasant experience of last year in which a few start-ups withdrew their offers or deferred joining dates, business schools have been cautious in inviting startups for the placement process...

Kirana stores, not e-commerce, will fuel FMCG growth in India, says Adi Godrej

FMCG growth won't come from e-commerce for a while in India, it will come from low-priced products and GST.

Soon, Europe can get a taste of India consumption story

Qatar National Bank (QNB), in partnership with Zyfin Holdings, will float Europe's first physically replicated Indian consumption-focused Exchange Traded Fund called QNB ZyFin India Consumption UCITS ETF.

MEDIA-India's Wipro plans to rebrand to expand focus to consumer goods

- Source link: ( Note: Reuters has not verified this story and does notvouch for its accuracy

"Demand for green tea is rising in smaller towns": Sushant Dash, Tata Global Beverages

Can green tea ever be sold on the back of taste in India? Probably not. That's why brands like Tetley see merit in going to market with upgraded products and health-related promises. A look at the brand's new ad for its 'Super Green Tea'.

Consumer spending high on dining this Valentine's Day: Survey

Consumer spending will be high on dining this Valentine's Day as more than half the people surveyed will go out for a meal, says a study.

Advertising expenditure growth pace to hit 3-year low: GroupM

GroupM follows an acknowledgement by global CEOs and expects 2017 advertising expenditure to swell at a slow 10% as the impact of demonetisation spills over into the current quarter.

Ecom Express launches fulfilment services for sellers

EFS includes a range of services such as pick-up, quality check, serialization, put away, real time inventory management, order management (pick, pack..

India currently home to a booming e-commerce business

56 per cent of the population is under 30 years of age and 80 percent of the online traffic is purely generated from mobile phones.

The young ecommerce startup that makes a profit out of every sale

Their saris sell in the range of $105 and $1,500, reports Tech in Asia

How Deepak Shahdadpuri's bets on the most unlikely ventures paid off

Early-stage investor Deepak Shahdadpuri has built a career out of making contrarian bets on Indian consumer brands when no one else would touch them

Seller associations do not concur with ecommerce giants' reservations on GST provision

The TCS clause mandates online marketplaces to deduct 2% per transaction and hand it over as collection towards GST to the government under the Act. T..

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