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Friday, February 24, 2017

Feb 24, 2017 - Demonetisation has boosted banks and start-ups, but it's still a failure

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
People believe that they know way more than they actually do. What allows us to persist in this belief is other people. In the case of my toilet, someone else designed it so that I can operate it easily. This is something humans are very good at. We've been relying on one another's expertise ever since we figured out how to hunt together, which was probably a key development in our evolutionary history. So well do we collaborate, that we can hardly tell where our own understanding ends and others' begins. More here.

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Demonetisation has boosted banks and start-ups, but it's still a failure

The government said its demonetisation drive would curb India's shadow economy

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Snapdeal setbacks are pragmatic response to a bumpy start-up boom

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The proposal departs from the expert view that an ideal GST should have a few exempted commodities and a single rate for all commodities

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NPAs are a huge, dark cloud over India's financial system and the entire economy

On Monday, February 20, the heads of 10 top public sector banks (PSBs), led by Arundhati Bhattacharya, chief of India’s largest lender, State Bank of India (SBI), met finance minister Arun Jaitley. The official reason...

IDBI Bank set to get Rs 3000 crore bail out package from government

There are projections that in the last quarter of this fiscal there will be a jump in bad loans for IDBI. The amount allocated will help maintain stability, said a senior finance ministry official.

ICICI Bank buys 814.4 million shares of Jaiprakash Power Ventures

ICICI Bank says it has acquired 814.4 million shares of Jaiprakash Power Ventures under the strategic debt restructuring (SDR) plan by its lenders

Infosys seeks shareholders’ nod to amend articles of association

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Sebi revamps grievance redressal tool at bourses, depositories

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VCs anticipate challenges in a still-maturing India market

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DMart listing re-rates the retail sector

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Devices like Siri, Amazon Echo could be recording conversations

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Narendra Modi-Indra Nooyi meet won't be just about colas

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500 liquor shops to be shut in Tamil Nadu from Friday

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Paper Boat to sail deeper into dairy-based beverages, ethnic snacks this summer

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HP to open 250 outlets this year to expand its reach in India

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Fitch retains negative outlook for telecom business

The fierce competition to retain and increase market share along with rising capex would put pressure on most operators.

Demonetisation impact: Amazon India cuts down on mobile phone Premium Sellers

The online shopping giant, had trimmed down the discounts it offered on its mobile phones by 6-10 percent after the cash ban, as mobile phone sales slipped by 60 percent...

Freebies from Reliance Jio hasten Indian mobile consolidation

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Vodafone offers mobile recharge without disclosing your phone number

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Mukesh Ambani's Phone Pricing Helps Reliance Regain No. 2 India Ranking

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The Seemingly Immovable Object Standing in the Way of India's Satellite Internet Ambitions

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Skype Lite app announced just for India: Here's all you need to know

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Rasna forays into baked sweet snack category

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Aggressive on herbal business growth, Baidyanath eyes acquisitions in India, US

Baidyanath is eyeing to grow its herbal business aggressively in the US through both organic and inorganic routes.

Varun Beverages hikes stake in Zambia subsidiary to 90%

Varun Beverages has increased its stake in its Zambia subsidiary, Varun Beverages (Zambia) Ltd, to 90 per cent from 60 per cent.

White Page International releases most admired brands and leaders 2016-17

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Japan govt lowers assessment of consumer spending

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Amid layoffs, Snapdeal founders admit to wrong decisions

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