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Wednesday, April 12, 2017

Apr 12, 2017 - Education firms have lessons to learn, investors can wait

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
On assignment in the Ivory Coast, which was recovering from its second civil war, photojournalists Peter DiCampo and Austin Merrill posted on Instagram the photos that newspaper and magazine editors wouldn't commission: images of an Africa where disease, poverty and war were NOT the focus. The idea took off. The account, which has posted over 3,500 photos, has 300,000 followers; the hashtag #EverydayAfrica has been used more that 179,000 times; and offshoots of the project have sprung up in Asia, India and Latin America. 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 

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Education firms have lessons to learn, investors can wait

In December, Zee Learn called off its proposed merger with the company after reports surfaced that Tree House abruptly closed down hundreds of its play schools.

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.

We may have to live with a stronger Rupee: Jamal Mecklai

The currency market is likely to stay highly volatile amid increasing in flow of overseas funds, said Jamal Mecklai, CEO, Mecklai Financial Services.

Cash crunch: RBI seeks better mgmt from banks

Mumbai: The Reserve Bank of India appears to be sending a message to banks to be more involved in currency management rather than constantly dip into currency chests to meet demand.

Fundraising done, Flipkart now under pressure to boost sales and reduce costs

Flipkart has to justify the fundraising and the eBay India acquisition by keeping Amazon India at bay and cutting costs

Sebi may ease AIF regulations for start-up investments

Sebi is said to be reworking regulations for alternative investment funds (AIFs), which invest in start-ups, and likely to recommend lower investment limit

Software firm SquadRun raises $2.1 million

SquadRun will use fresh funds to invest in technology, product and data science functions, and expand its sale team in the US

Redcliffe Capital invests in SafetyKart Retail

SafetyKart moves private label brand and product PeeSafe to newly founded entity Redcliffe Hygiene

Cairn India merged with Vedanta

This merger consolidates Vedanta's position as one of the world's largest diversified natural resources companies, with low-cost assets in metals and mining and oil and gas.

Is the investment cycle about to turn?

Prospect of higher capacity utilization, improvement in corporate savings and availability of funds outside banking system fuel hopes of an investment rebound

RBI releases draft note on tri-party repo on govt securities, corporate bonds

Tri-party repo will enable market participants to use underlying collateral more efficiently and facilitate development of the term repo market in India, says RBI draft paper

Torrent Pharma to buy certain generic drugs from Novartis

orrent Pharmaceuticals said it has entered into pacts with Swiss pharma major Novartis AG to acquire certain generic drugs

Tata Steel JV poses high risk for Thyssenkrupp, warns German union

Germany’s biggest union , IG Metall, is opposing a joint venture between Thyssenkrupp and Tata Steel saying the JV will lead to job losses, closing of steel factories

Postal department, SBI join hands to promote cashless transactions

Department of Posts has joined hands with SBI to promote 'SBI buddy e-wallet' and POS machines for cashless transactions at post office counters while booking speed post and registered post items.

Hamdard enters ready-to-drink beverage segment with RoohAfza Fusion

The launch of RoohAfza Fusion is in line with the FMCG company’s transformation strategy of targeting youth on the go.

Maroosh inks multiple franchisee deals for store expansion

Impresa Hospitality managing director and chief executive Ketan Kadam said: Expansion through franchisees is an ideal route for expansion in the existing market environment.

Landmark Group's Easybuy eyeing 100 stores by 2020

Hindustan Times
Landmark Group's Easybuy eyeing 100 stores by 2020 | business ...Easybuy, the new apparel value retail format from the stable of Landmark Group, is targeting 100 stores across the country by 2020, a top company official said ...sp;

From Rohan Murty to Ananya Birla, what does new-gen India Inc think of the future of business?

From AI, digital India to ecommerce versus the traditional brick-and-mortar, gen-next leaders on the future of India.

CCI approves acquisition of Reliance Retail's dairy biz by Heritage Foods

Heritage Foods, a company promoted by the family members of Andhra Pradesh Chief Minister N Chandrababu Naidu, had last year in a BSE filing said that..

Kishore Biyani increased shares in Future Consumers

. Watch this special segment and get to know more here. Zee Business is one of the leading and fastest growing Hindi business news channels in India. The channel has revolutionized business news by its innovative programming and path-breaking strategy of making business news a 24/7 activity as it is not just limited to the stock market. This has made Zee Business your channel to wealth and profit.

Ambani-led Reliance Jio escalates India's mobile price war

Annual revenue of Indian telecom firms declined for the first time since FY09 to Rs1.88 trillion in FY17 due to Reliance Jio’s free offers, a CLSA report showed

Developments that roiled telecom industry are now case studies at business schools

The turmoil in the telecom industry has offered several examples from handling of human resources to strategy, marketing and pricing that form part of management courses.

US NSA hacked Pakistani mobile networks: WikiLeaks

It was reported that the NSA authorised to spy on foreign-based political organizations including the Bharatiya Janata Party (BJP) from India and the Pakistan Peoples Party (PPP) from Pakistan.

Jio Dhan Dhana Dhan offer announced, users to get 84GB data for 3 months at Rs 309

The new Jio plans start from Rs 309 and go up to Rs 608. There are two plans shown in the photo, based on the data cap for a day.

'Make in India' hasn't been able to uphold the domestic mobile handset brands much

Soma Tah There’s no denying of the fact that ‘Make in India’ efforts by the government has started paying off already by making India one of the top destinations for investments in

Thane scam: 'Mastermind Shaggy used Dubai earnings to start fake call centres'

The police have found that a small apartment was booked in the vicinity of the office to be used as guest house for employees. “It was in this apartment that Shaggy lived...

QBullet: India Calls Pakistan's Death Sentence to Jadhav 'Murder'

Kulbhushan Jadhav was arrested on March 3 last year in Balochistan for his alleged involvement in espionage and sabotage against Pakistan as a Research and Analysis Wing (R&AW)...

Smart spending, not freebies, is the game in e-comm town now

"Spending will be targeted towards adding more categories and building infrastructure. There will be discounts, no doubt, but it won't be like 2014," said Satish Meena, forecast analyst at Forrester Research.

Will this candy brand get the right Pulse with its first ad?

Pulse hit Rs100 crore sales in eight months with no advertising. So why is it going in for a TV campaign now?

Government asks eateries to fix food portions

According to a recent government study, the country wastes Rs 92,651 crore worth of food in a year.

ITC to launch new categories to spice up its food business

ITC will not launch any new food brand. Instead, it will piggyback on existing ones for new launches and claims it has 5-6 new categories in its innovation funnel.

UK-India FTA may pump up trade by 26% a year: report

India’s trade with the UK has risen from $5.3 billion in 2000 to $14.2 b in 2015

Hamdard introduces RoohAfza Fusion, a ready-to-drink beverage for its consumers

Business Wire India

Hamdard Laboratories India, over a 100 year old iconic FMCG company, and one of the largest and trustworthy names in the realm of health, wellness & beauty enters the

Will RP-Sanjiv Goenka Group's entry into packaged foods prove to be 'Too Yumm'?

Will entry in the packaged foods segment prove too yummy for the group with biggies like Hindustan Unilever, ITC, Britannia, Nestle India among other smaller local players already fighting for space.

FMCG shares advance

Industrial production, retail inflation data eyed

See upside in HUL, Dabur India; upbeat on Bata: Sudarshan Sukhani

Sudarshan Sukhani of expects upside in Hindustan Unilever and Dabur India and is upbeat on Bata India.

MEDIA-India's Sanjiv Goenka Group eyeing over 65 bln rupees FMCG sales in next 5 yrs

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

Sanjiv Goenka forays into FMCG, to trim focus on power generation

RP Sanjiv Goenka Group’s FMCG business has hit the market with its first brand Too Yumm.

Micromax Ropes in Anil Kapoor as its New Brand Ambassador

Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities -- get all the breaking news, right now.

WeAreHolidays ropes in Urrshila Kerkar as a new investor

New Delhi, Apr 11 (IBNS): WeAreHolidays on Tuesday said it has brought in Urrshila Kerkar as a new investor into the company.

Ebay: How India's oldest e-commerce player lost out in the race

The fund raising by Flipkart will buoy the sector which is seeing many players bleeding on account of intense competition and the discounts game played to attract customers

Why PE investors bet big on Flipkart even as mutual funds were sceptic

Private investors look at future growth potential; MFs value a firm based on current business

Flipkart to use funds to grow profits, shave off burn

Hindustan Times

Flipkart board member and investor, Subrata Mitra, on Tuesday said money raised through the latest round of funding will be utilised to make profits and shave off company's burn on weekly basis, in a quest to ride its business towards right metrics ...sp;

If Flipkart and Snapdeal merge, these are the vital statistics that will matter

To get the merger done, Son is willing to cut Snapdeal's valuation 85% to $1 billion, said the people, asking not to be named because the talk is private.

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