Mar 15, 2017 - RIL witnesses three block deals, 388 million shares change hands

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Sree Vijaykumar From the Editor's Desk Business Insider spoke to several VCs and compiled a list of 33 startups to watch out for in 2017. These include several interesting ones - for example 1) Robinhood - The app makes stock trading free, intuitive, and mobile. Robinhood allows people to get into trading, and make decisions to buy or sell stock in companies without the burden of expensive fees. It has a chance to revolutionize stock ownership for millennials 2) Opendoor - Opendoor is betting that homeowners would take a guaranteed sale over a higher price. It calculates a fair market value and pays homeowners before re-selling the home with a 30-day satisfaction guarantee 3) Hollar is reinventing the dollar store for online and mobile shopping, proving you can still buy cheap, high-quality goods online. The complete list of startups is here Advertisers of the day DLF - Crest: Embrace a life made to order a rare opportunity to own your dream home Gartner: New Webinar: Infrastructure and Operations Leadership Vision for 2017   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). RIL witnesses three block deals, 388 million shares change hands Details of buyers and sellers of Reliance Industries shares are not known yet; this is RIL’s second huge block deal in a week Advt: Employee Banking privileges tailored just for you. Zero Balance Savings Account. Free unlimited transactions* at all Bank ATMs (Know More)   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) Why investing in Bank Nifty may spice up your portfolio The bank Nifty indexs earnings are expected to be Rs 959 and Rs 1,229 for 2017 and 2018, respectively, which implies growth of 17.9% and 28.2%. Donald Trump paid $38 million tax on $150 million income in 2005: reports Donald Trump and his wife Melania paid roughly $5.3 million in federal income tax along with more than $31 million in alternative minimum tax How a Harvard economist can help us understand the appeal of Modi’s note ban The political success of ‘notebandi’ is inextricably tied to the growing problem of inequality in the country Bad-debt mountain hangs over politically recharged Narendra Modi Dealing with the surge in bad loans will offer critical support to the Modi administration’s claim that it is the emerging world’s top growth story Infra companies to gain if work stuck for long gets going According to the BJP manifesto, a Gareeb Kalyan card would give people Rs 6 lakh in housing loans, and there would be toilets in every household. Who will solve India’s bad utilities problem? The UDAY scheme can help improve power demand and lift some capacities out of financial stress, but it may not fully resolve the current logjam The haughty banks of India- The New Indian Express Why should depositors pay a penalty for withdrawing their own money? Suryoday to make convenience banking its forte, says CEO Chennai: Suryoday Small Finance Bank Ltd, which recently raised Rs 158 crore, is looking at making "convenience banking" its forte as it transitions from a MFI-NBFC. Toll operators yet to be reimbursed for loss from demonetisation NHAI is in discussions to reimburse toll-based road projects for the losses caused by the halt in toll collection during November and December following demonetisation Global finance giants seek office space to expand captive business in India Barclays, Credit Suisse, StanChart and Citigroup among global firms planning to add office space in India M A interest may grow as buyers get more confident about India: Barclays India MD Barclays India managing director Pramod Kumar on the various factors that are likely to drive M&A deals in the coming quarters The narrative in post-demonetised India The commentary from Indian companies in their post-results analyst calls is probably more important than the reported numbers Managing change in India: Complexities of unlocking our potential Change management now needs to be embedded across the entire company or government department and needs attention throughout the year. SBI to allow one-time settlement for tractor, farm equipment loans Earlier, State Bank of India had also notified OTS schemes for SME and education loans in December. There is nothing that can stop banks from systematically fleecing you. Here's why RBI has failed to protect customers from banks' greed. There are a lot of attempts to obfuscate the entire matter in a fog of claims about regulations. You can now change your NPS allocations twice a year NPS subscribers can now change their investment options and allocation ratios for their corpus twice a year Retail Inflation increases to 3.65 per cent in Feb, WPI at 6.55 per cent The annual core consumer price inflation was seen at around 4.83 per cent in February, easing from 5.08-5.10 per cent in January. German cosmetic brand BeYu back in India Eyes affluent middle-class Disappointed to see ex-founder engaged in personal vendetta: ShopClues A bitter row between two cofounders of the ShopClues marketplace went public after Sandeep Aggarwal levelled several allegations against his estranged.. SpiceJet aims to enter retail business through wholly-owned stores Experts cry foul saying this will be diversion from core business plan Alibaba.com to help boost online exports through workshops Mumbai, Mar 14 () Trading platform Alibaba.com today hosted a workshop for Indian resellers of gold, jewellery and handicraft products here to help im.. City makes space for Marques in the queue Though Park Street and Camac Street are still the favourites for highstreet brands, many new shopping malls in the city are adding to the retail space inventory. TRAI to review procedural bottlenecks in telecom business Regulator TRAI today stressed the need to identify bottlenecks that make the functioning of telecom business difficult in India and listed out processes such as licence... Reliance Jio and Google Working on Affordable 4G Phone for India? Google is partnering with Reliance Jio, which has taken the Indian market by storm and has managed to tap the right crowd by offering 4G services for free Xiaomi says Redmi Note 4 fastest to reach 1 million milestone in India Xiaomi has announced that it has sold over one million units of the Redmi Note 4 in a record time in India. Anti-terror forces have busted illegal phone exchanges: Govt New Delhi, Mar 14 (PTI) Anti-terror forces have busted illegal phone exchanges and detected instances of International Long Distance (ILD) calls being routed through Internet, the Lok Sabha was informed today. BRIEF-India telecom regulator seeks stakeholders' inputs on "Ease of doing telecom business in India" Telecom Regulatory Authority of India: Cheetah Mobile rebrands ad division in India as Cheetah ads ... Cheetah Mobile’s popular AppLock feature have reached 200 million per day in India. IIM placements: 110 offers, Flipkart stays out Firms from multiple domains participated across the 3 clusters in the final placements, with students being placed across more than 10 cohorts. Shocking: Nine leading food and beverages brands in India lag behind in high nutritional quality 135 million Indians are obese, according to 2015 Indian Council of Medical Research study Nestle adopts health mission to make their products healthier Nestle SA has announced a series of commitments to reduce sugars, sodium, saturated fats and trans-fats, introduce nutritious products, step up food fortification. Govt urged to constitute consumer welfare councils Puducherry, Mar 14 (PTI) The newly constituted All India Association for Consumer Rights today demanded that the administration constitute consumer welfare councils at state and district levels in Puducherry. Godrej Consumer hikes stake in Senegalese hair-care firm Home-grown FMCG firm Godrej Consumer Products Ltd (GCPL) is raising its stake in African hair- and skin-care firm Weave Senegal Ltd in an all-cash deal, it said in a stock market disclosure. The Indian firm will raise the stake from 51% to 100% in Weave Senegal through its Africa-based step down subsidiary Darling Group. The company, however, did not disclose the financial details of the transaction. GPCL had initially bought 51% in Weave Senegal in August last year. India's unicorns feel an icy chill as summer advances As investors see their cash burn, with no exits in sight, the subcontinent's new-age billion-dollar startups are in a fight for their very survival. Some will surely die SpiceJet readies big retail foray; to own stores, take on major brands The company will sell its own brand of products sourced from hundreds of vendors across the country and overseas. The venture will not be an aggregator like Flipkart, Amazon or Snapdeal. Companies price deodorants at sub-Rs 100 to expand business Deodorants are mainly sold as aerosol sprays, which make them a tad "unaffordable" to a large section of consumers. Most deo-sprays are priced upwards of Rs 100. Dairies feel the heat with early summer Liquid milk procurement prices this month have begun to rise with early bouts of summer, taking the prices to Rs 28-28.5 a litre ShopClues board backs Radhika Aggarwal and Sanjay Sethi Radhika, who is currently the chief business officer at ShopClues, said she is shocked by the unfounded and baseless allegations. Palred Tech eyes Turkey for e-tailing expansion New Delhi, Mar 14 (PTI) Palred Technologies, which runs mobile accessories etailing platform LatestOne.com, has raised Rs 22 crore through preferential allotment. - Florintree leads Rs 22 cr round in Palred Technologies Flipkart launches buyback guarantee for Moto G5 Plus Bengaluru-based Flipkart had introduced the online product exchange program in 2016, starting with televisions. Flipkart appoints commerce platform finance head as CFO Homegrown e-commerce major Flipkart has elevated Sriram Venkataraman, the chief financial officer of its commerce platform as the company’s finance chief. Venkataraman took over as CFO in January, a spokesperson told VCCircle, adding that this was part of the organisational changes made that month. “We are in the process of hiring a group CFO,” the spokesperson said. 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