Mar 9, 2017 - Investors lap up IPOs of Radio City operator, Avenue Supermarts

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Sree Vijaykumar From the Editor's Desk Jessica Pointing knows how to interview. The Harvard University junior received internship offers from companies including Google, Apple, Facebook, Microsoft, McKinsey, Bain, Goldman Sachs, and Morgan Stanley. A computer science and physics major, she has received offer letters for roles in software engineering, data science, product management, consulting, investment banking, trading, and quantitative finance. Here are her 7 practical tips for all you interviewees out there! 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). Investors lap up IPOs of Radio City operator, Avenue Supermarts The issue of Music Broadcast, operator of Radio City FM channel, received bids for 41.23-crore shares, worth over Rs 13,600 crore, against an issue size of 1.04-crore shares, stock exchange data shows. Advt: Employee Banking privileges tailored just for you. Zero Balance Savings Account. Free unlimited transactions* at all Bank ATMs (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. Warburg Pincus-backed Ecom Express said to raise $150 million Logistics start-up Ecom Express is looking to raise $75 million in new funds and Warburg Pincus will invest the balance Renault CEO Carlos Ghosn: India is a big market for any carmaker Nissan’s outgoing CEO Carlos Ghosn says for a carmaker, it’s very important to get the product right in India, as it happened with the Renault Kwid Japanese investors look to bet their money on Indian startups Several Japanese funds that have entered India in the last 2 years are expanding fund allocations for the country and accelerating their pace of deal-making. Is globalization in retreat? Production and investment have now become more global and interconnected and services are increasingly being traded across borders Smaller VC firms ride on Sidbi and local investors In Feb, Sidbi said its fund of funds operations has sanctioned Rs 1,112 cr to 30 funds in FY17 Digital transaction brings in savings to govt: Nirmala Sitharaman Union Minister of State for Road Transport and Highways Pon Radhakrishnan in the wake of the implementation of the Jan Dhan Yojana as many as 27 crore people had opened bank accounts. Canadian pension funds buy 1.5% stake in Kotak Mahindra Bank Canadian pension funds CPPIB, CDPQ bought 9.2 million and 18.4 million shares in Kotak Mahindra Bank, respectively, amounting to Rs2,254 crore SBI justifies penalty; says need money to bear Jan Dhan costs As per the list of revised charges of SBI, failure to maintain Monthly Average Balance (MAB) in accounts will attract penalty of up to Rs 100 plus service tax. Infosys CEO Vishal Sikka: Challenge is to transition without losing values, ethos CEO Vishal Sikka acknowledges role played by Infosys founders in inculcating a culture of learning at the firm, highlights role of AI in driving future growth PipeCandy raises $1.1 million in seed funding PipeCandy, a sales intelligence start-up, raises $1.1 million in seed funding from IDG Ventures India, Axilor Ventures, Emergent Ventures and Indian Angel Network HDFC Bank digitises over 1200 dairy co-operatives across India M2M was launched in 2010 and benefits about 3.2 lakh dairy farmers across 16 states, HDFC said. Hewlett Packard to buy Nimble Storage for $1 billion Hewlett Packard ‘s CEO Meg Whitman—looking for ways to return to sales growth—is spending more on acquisitions after a multi-year effort to slim down her company Kotak Mahindra Bank board hikes foreign investment cap to 42% Kotak Mahindra Bank’s early FII investment limit was 40% Instacart said to raise funds valuing start-up at $3.4 billion The investment in Instacart was led by Sequoia Capital, which had led an earlier round How ailing state banks are hurting Indian economy Stressed assets now make up nearly 17% of all loans in India Steel needs a consumption boost first and purchase preference second Steel makers have been forced to export more, with overseas shipments up by 78% in the fiscal year till February Hyperlocal grocery delivery startup Grofers to focus on Delhi, Mumbai, Bengaluru after shutting 9 stores in 2015-16 Locodel Solutions, which operates hyperlocal grocery delivery start-up, Grofers, has decided to concentrate on three large markets – Delhi-NCR, Mumbai and Bengaluru to reverse its fortunes in 2017. PE investments in logistics at $500 million in 2016-17 Logistics industry is likely to grow at 8.6 per cent annually during 2015-2020 How Amazon's Echo lets businesses into your home Insurers are among the scads of companies adding "skills" to Alexa's repertoire, which can sell you as well as serve you V-Mart Retail zooms 20% as DMart's IPO opens for subscription In past two months, the stock appreciated by 84% as compared to 8.4% rise in Sensex. Amazon India launches sportswear brand Under Armour in India ​The online retailer indicated that the brand will be sold by key sellers on the Amazon India platform. Sugar demand from soft drink makers may fall Compared to last year's sugar off take of 24.8 million tonnes, industry grouping Indian Sugar Mills Association now expects sugar sales this season to.. Nestle India aims to go beyond food Bets on health sciences, skin care and specialised products Commerce Ministry in talks with World Bank for Logistics Performance Index The LPI ranking would encourage states to work and improve upon their logistics infrastructure. Inadequate infrastructure is impacting the country's trade. Alibaba's UCWeb plans big India investment, to partner Paytm New Delhi, Mar 8 () Chinese internet major Alibaba's mobile business arm is forming a strategic group that will explore opportunities to increase inve.. Draft Audit Report Says Reliance Jio Allegedly Understated Revenues By Over Rs 63 Crore Reliance Jio allegedly understated its revenues by over Rs 63 crore for three financial years as it did not include forex gains, resulting in "short payment" of licence fee, a draft audit report has said. Mobile phone accessories market in India to reach $3545mn by end of 2026, says study Mobile phone accessories market in India will reach a value of $3,545 million by the end of 2026, registering a growth of 10.4%, with further penetrat.. BSNL, MTNL Merger Plan Discussed By Telecom Department Officials: Report New Delhi, Mar 8 () Shares of MTNL today zoomed 16 per cent, adding Rs 221 crore to its market valuation, following reports of a renewed discussion of its merger with BSNL. The stock soared 16.04 per cent to end at Rs 26.05 on BSE. During the day, it jumped 18 per cent to Rs 26. Government fleeced Rs 26,000 crore in name of Digital India ... Randeep Surjewala said the true mask of Digital India is coming off as government is not intervening to stop banks from imposing heavy charges on use .. How RJio Tore Up the 4G Rule Book At MWC 2017, Reliance Jio's President of Network, Global Strategy and Service Development, Mathew Oommen, tells Light Reading CEO and founder Steve Saunders how ruthless execution of its plans helped the Indian greenfield 4G operator attract more than 100 million subscribers in its first 170 days of commercial operation. Sunil Mittal gives thumbs up to Chinese telecom operators slashing their domestic roaming charges China Mobile Communications, China United Network Communications Group and China Telecommunications Corp -- announced steps to scrap domestic long-distance and roaming charges from October 1, 2017, according to China Daily. Sunil Bharti Mittal, chairman of global telecom body GSMA, has welcomed the move. GSMA Won't Be Collaborating With COAI for Indian Mobile Congress There is Mobile World Congress in Barcelona and an edition in Shanghai. There is nothing in between for South East Asia. India is emerging as one of the global leaders in telecom which we will also showcase in the Indian Mobile Congress, COAI Director General Rajan S Mathews told PTI... Bain sees India's consumer goods sector growing 9-17% in next 3 years The report notes that penetration is the key to driving volume growth Traders to boycott Coke, Pepsi Protest against multinational beverages in view of drought situation in State Dr Batra's to focus on FMCG products; plans to enter nutrition and wellness segment soon To expand through retail outlets and pharmacy chains Pulse candy records Rs 300 crore sale in Indian market over past 2 years, beats Oreo and Mars Bars While Oreo drew sales of Rs 283 crore, Mars Bars clocked Rs 270 crore of sales. PepsiCo, Coca-Cola Face Ban in Second Indian State on Water The Kerala retailers will wait until a meeting with chief minister Kerala Pinarayi Vijayan next Tuesday before going ahead with the boycott of Pepsi and Coca-Cola FMCG to get a major push via govt's common service centres Branching out from just providing digital services, education and online transaction, the government is now tying up with major FMCG players to push their products via 2.5 lakh common service centres (CSCs).The government is in talks with companies India is at the cusp of the FMCG S-curve: CII-Bain Co report It was noted that in case of online shopping, convenience has overtaken discounts as a key driver for buying online. FMCG industry likely to grow by over 15% in 2-3 years India is at the cusp of the FMCG S-curve and there is significant room to grow over the next 5-10 years, the CII-Bain & Company said. Bacardi finds its new leader in India's Mahesh Madhavan Bacardi, owned by the Facundo Bacardi family, is counting on Madhavan's consumer and trade insights in the emerging markets to drive the next phase of growth. Sugar sinks to year's low as bulls scale back India expectations While the Indian Sugar Mills Association cut estimates for sugar output this season, it said there’s no need to replace local supply with imports Sugar demand from soft drink makers may fall FMCG companies that buy the sweetener in bulk account for 70% of local sales of sugar. The April June quarter contributes more than 40% annual sales of the Rs 14,000 crore industry. PepsiCo expands nutrition portfolio, launching Quaker Nutri Foods Tropicana Essentials As part of their flagship brands Quaker Oats and Tropicana, PepsiCo is launching Quaker Nutri Foods and Tropicana Essentials, respectively in the breakfast space. With fears of layoffs engulfing startups, headhunters witness spike in resumes on hiring platforms There has been a 20-25% increase in applicants from IT and ecommerce companies, said Lohit Bhatia, business head, staffing solutions, IKYA Human Capital Solutions. TradeBriefs Publications are read by over 10,00,000 Industry Executives India Business Brief | India Retail News | India Food Brief | India Telecom Brief | India Finance Brief | India Software Brief | India Digital Brief | India Ecommerce Brief | India Franchise Brief | India HR Brief | India Logistics Brief | India Construction Brief 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