Check Out These!!

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

Where Dreamers Dare
My Tech Blog

Wednesday, March 29, 2017

Mar 29, 2017 - SBI to offer 'zero annual fee' credit cards to accounts with Rs 20,000

View online   Advertise
             Unsubscribe from TradeBriefs Business Daily

Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Chris Dancy is the most connected man in the world. He uses between 300 and 700 tracking and lifelogging systems at all times, from the fitness wristband Fitbit to the Beddit mattress cover. As he speaks, blinking lights are a visual reminder for Dancy to slow down and focus on his breathing. The lights, like so many aspects of his unassuming, cozy home, are connected to the devices he wears; in this case, they sense his heart rate is up and signal it's time for him to calm down. Similarly, classical music plays throughout the house if he loses his temper. By looking at his data, he's learned exactly what he needs to be his most productive self, such as setting the lights to a specific shade or programming the air levels in his bedroom so he can sleep soundly. He's even monitored his heart rate while watching porn to become more aware of his sexual preferences: "I thought I was into certain types of people, but learned what I actually like most." He's also lost more than 100 pounds along the way, just by tracking his daily habits and making small changes to be healthier. More here

Advertisers of the day
TATA Housing: Tata Housing brings Luxury Homes on the Bengaluru's only private hill
Andaz Delhi: Experience Andaz Delhi, a new Luxury Lifestyle Hotel by Hyatt at INR 8,888 

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 to offer 'zero annual fee' credit cards to accounts with Rs 20,000

This is the first major joint collaboration between Arundhati Bhattacharya-led SBI and SBI Card after the bank hiked its stake in the joint venture.

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
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.

Taxman conducts survey at Centrum over forex business

“Income tax officials visited Centrum for a survey on its foreign exchange business, to verify client KYCs which were all handed over to them,“ said a spokesman at Centrum Group.

Franklin Templeton leads foreign bets on India bonds as local investors see losses

Overseas investors have poured Rs23,720 crore into government and corporate rupee bonds in March, the most since January 2015

How far have women gained from India’s growth story?

While health outcomes have improved, the economic status of women hasn’t shown much improvement

Tiger Global sinks teeth into Flipkart, Snapdeal merger

Softbank is planning to invest up to $1.5 billion in the combined entity for a 15 per cent stake

A stronger rupee is luring foreign funds to Indian bonds

A foreign investor’s rupee investment today will fetch him a higher interest rate later (on the premise that RBI is done with rate cuts), and as the rupee depreciates, it will fetch more dollars

PE giant Providence to pull out from India

Mumbai: Global risk investor Providence Equity Partners, managing assets worth $50 billion in private equity and credit businesses, is exiting India at a time when its peers Carlyle Group and KKR are in the midst of hectic investment activity in Asia's third largest economy.

The changing attitudes towards corporate social responsibility

A new generation of Indian business leaders is busy changing the perception that business is antithetical to societal needs. Just how deep is the transformation?

Revised GST legislation may pinch working capital of industries

The revised draft of the GST bills tabled in Parliament could put pressure on the working capital of industries and spark greater litigation in the coming years

Licious raises $10 million from Mayfield, others

Bengaluru’s gourmet meat start-up Licious had previously raised angel funding and Series A funds of $3.5 million from 3one4 Capital and Mayfield Capital

Atria Power in talks to raise $100 million in structured debt from Piramal

Atria, backed by marquee investor GE Energy Financial Services, is seeking to expand capacity and repay investors with the proceeds

State Bank of India to complete merger of six banks in three months

State Bank of India, which would start merger process of five associates and Bharatiya Mahila Bank from April 1, expects integration to be completed in three months.

SBI to raise stake in SBI Card to 74% by June-end

The board of SBI has already given approval for hike of the bank's stake in its two credit card joint ventures with General Electric Company to 74 per cent.

Byju’s raises $30 million from Verlinvest

Edutech start-up Byju’s has raised $30 million from Brussels-based family firm Verlinvest to expand its education technology business

Esaf Small Finance Bank eyes Rs 5,000 crore business in first year

As an MFI, the company is present in 11 states, which includes all the Southern states, barring Andhra Pradesh and Telengana.

Cairn India, Vedanta get all approvals for merger except RBI nod

The Scheme will be made effective and record date for issue of the Company shares pursuant to the Scheme, would be set upon receipt of the said approval of Reserve Bank of India.

Kotak Bank likely to buyout M M Financial Services

`Kotak Mahindra Bank may announce buying out Mahindra and Mahindra Financial Services in part cash and part stock deal,” said an investment banker based out of Mumbai.

Tencent buys 5% stake in Elon Musk-led Tesla for $1.8 billion

Tencent paid about $1.8 billion for 8.17 million shares through Elon Musk-led Tesla’s stock offering and through open-market purchases

India to use regional-based model to consolidate public-sector banks

Banks Board Bureau's chairman Vinod Rai said that it will avoid branch-based redundancies and create few strong banks in the west, north, south and east

SBI spent Rs 775 crore in maintaining Jan Dhan accounts: Santosh Kumar Gangwar

Santosh Kumar Gangwar said the number of zero balance Jan Dhan accounts was 5.93 crore as on November 9, 2016, and 6.32 crore as on December 28, 2016.

Proposal for district-level virtual networks executable: Kishore Biyani
Proposal for district-level virtual networks executable: Kishore Biyani - Economic Times
Future Group has applied for a nationwide mobile virtual network operator permit for its brand T24, and has teamed up with Tata Teleservices for offering services. Facebook Twitter Linkedin Email

Despite e-comm rise, offline stores generating 91% sale: Study
Despite  e-comm rise, offline stores generating 91% sale: Study - Economic Times
"Despite the rise of e-commerce, the physical stores still draw a significant shopping crowd. In fact, 91 per cent of all retail sales are still in brick-and-mortar stores," a study said. Facebook Twitter Linkedin Email

Flipkart's Sachin Bansal reiterates call for a level-playing field; Amazon India head says it is an Indian company
Flipkart's Sachin  Bansal reiterates call for a level-playing field; Amazon India head says it is an Indian company - Economic Times
While Bansals comments were not directly addressed towards Amazon's, he has, in the past, accused the company of using India as a ‘capital dumping ground.' Facebook Twitter Linkedin Email

Customer being slapped video goes viral, coffee chain promises action
Customer being slapped video goes viral, coffee chain promises action - Deccan Herald
A leading coffee outlet chain has said that it would ascertain facts and take action after a video of a consumer being slapped by a lady staffer allegedly over the presence of a cockroach inside a refrigerator went online. Facebook Twitter Linkedin Email

Snapdeal's woes show e-commerce isn't doing enough
There’s a pattern to why e-commerce start-ups like Snapdeal and ShopClues, or even Flipkart, are suffering  Facebook Twitter Linkedin Email

Commerce Ministry considering separate unit for logistics
Commerce Ministry  considering separate unit for logistics - Economic Times
There is no single department or ministry at present to look at all the aspects related to logistics covering various modes of shipment such as sea, roads and railways. Facebook Twitter Linkedin Email

Watch: India's IT, telecom and BFSI sectors stare at 1 million jobs cuts over 12-18 months

Currently, IT, telecom and BFSI sectors together provide employment to around 60 million professionals

Bharti Airtel acquires 4G business to expand spectrum holding in India

The Indian telco will own 30 megahertz in the 2.3GHz band once the acquisition of Tikona's 4G business is fully complete.

Reliance Jio to offer 120 GB extra 4G data to Jio Prime users

Here is what you get if you are not a Prime member.

Reliance Jio impact: Telecom sector debt issues raise concerns; government calls urgent meeting

The government revenue, lenders and shareholders in the Telecom market in India has been hit badly, and the reported debt that the sector is facing has been valued at Rs 3.5 lakh crore.

Amidst rising demand for data, Indian telcos want as much 4G spectrum as possible

Indian telcos looking to get maximum 4G spectrum to meet rising demands

Hindustan Unilever vs Amul: Much ado About Nothing

Hindustan Unilever has filed a petition against Amul parent GCMMF saying its ice-cream ads disparages so-called frozen desserts and should be removed

Nobel Hygiene to boost diaper capacity

Adult diaper maker plans facilities in North India as well as outside the country

CCI clears acquisition of J J's two brands by ITC

In a tweet today, the Competition Commission of India (CCI) said that it has approved "acquisition of Savlon and Shower to Shower brands by ITC".

Britannia forms joint venture with Chipita of Greece

As per the agreement, Britannia Industries will hold 60 per cent of total share capital of the joint venture company, while Chipita SA would hold the rest.

Amazon Makes Middle East Debut With Acquisition

The online retail giant beat a rival bid of $800 million by Emaar Malls to acquire Middle East's largest online retailer

Rice stocks trade higher: Kohinoor Foods, KRBL, Chaman Lal surge

Kohinoor Foods was trading 7.93 per cent higher at Rs 81 around 9.50 am (IST).

Aegon, Tullow Oil, Unilever


Snapdeal may reduce office space in Gurugram to cut costs

Snapdeal had leased a total of 480,000 sq ft of office space in the two commercial buildings in Udyog Vihar, Gurugram, developed and owned by ASF Group.

Despite E-Commerce Rise, Offline Stores Generating 91% Sale: Report

"Despite the rise of e-commerce, the physical stores still draw a significant shopping crowd. In fact, 91 per cent of all retail sales are still being generated in brick-and-mortar stores," the study released by Zebra Technology said.

Flipkart's current investors likely to dilute their stake

A lot is happening at the home grown ecommerce giant Flipkart. From fighting in the marketplace for the top slot against amazon, getting new investors in, getting a deal going with Ebay or trying to execute the mother of all e-commerce transactions in India, owners and investors at Flipkart have their hands full, CNBC-TV18's Rukmini Rao has the details.

ShopClues unveils Express Payout service for its merchants

The merchants can choose the services that they need to grow and enhance their business and also receive guidance from the ShopClues team.

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

No comments: