Jun 23, 2017 - EESL invites tie-up proposals from clean tech firms in UK, Europe, North America

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Sree Vijaykumar From the Editor's Desk One time in the course of my research on high-tech entrepreneurship, I asked a very successful venture capitalist what it took to be successful at high-tech startups. He stared right back at me and blurted out: "About the same thing it takes to be a successful drug dealer." A new study in The Quarterly Journal of Economics entitled "Smart and Illicit: Who Becomes an Entrepreneur and Do They Make More?" by Ross Levine of the University of California Berkeley and Yona Rubenstein at the London School of Economics takes a detailed look at whether risk-taking young rule-breakers are more likely to grow up to become entrepreneurs. The answer is yes: People who have gone on to found or own their own incorporated businesses were more likely to have engaged in cutting classes, vandalism, shoplifting, gambling, assault, and using alcohol and marijuana. They were also more likely to have higher levels of education, score higher on aptitude tests, and have higher levels of self-esteem. More here. GST Solution in the spotlight 'Discover DigiGSTTM- EY's integrated GSP-ASP compliance solution'   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). EESL invites tie-up proposals from clean tech firms in UK, Europe, North America Energy Efficiency Services Ltd (EESL) invites proposals to enter into strategic partnership with organisations in the UK, Europe and North America 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. Google now scrubbing private medical records from search results Google has decided to scrub an entire category of online content, personal medical records, from its search results How to play the housing theme on Dalal Street The country is expected to spend over $1 trillion in 6 crore houses in the next 7 years. When and how to sell your investments Investing is vital for financial security. But the best-laid investing plans can go to waste if you don't know when to exit Govt banks devise three-tier plan for bad loan resolution NPA accounts under Rs1,000 crore to be sold to ARCs, those up to Rs5,000 crore to be resolved through RBI schemes, rest to be tried at NCLT Mindtree to consider buyback of shares With this, Mindtree joins the list of companies like TCS, Infosys, HCL, amongst others that have or are considering buyback to boost shareholder value. State Bank of India gets mandate to take three steel companies to bankruptcy court The decision of the lenders consortium which met in Mumbai on Thursday indicates a new urgency in dealing with lakhs of crores of bad loans in the steel sector. Are farm loan waivers really so bad? The Centre and states need to work together to evolve a farm loan model which protects both farmers and banks without bringing politics into it Finance Ministry Rejects Rs 20000-crore plan for local solar equipment firms The domestic industry is concerned about rising imports of solar equipment, which rose 38 per cent to Rs 21,400 crore in 2016-17. Is the Digital India dream fading? Think again Many have already written the epitaph as far as digitising the economy is concerned. Note ban that was supposed to be a harbinger of digital India is failing. Angel investors network Venture Catalysts to expand operations in tier-II cities Venture Catalysts, an angel network headquartered in Mumbai, to open offices in Lucknow, Kolkata and Nagpur next month GST to lower overall tax burden over time, says RBI governor Goods and services tax (GST ) will create a national market, broaden the tax base and in turn lower the overall tax in the long-term, says RBI governor Urjit Patel Banks including SBI take Bhushan Steel, Essar Steel to NCLT over loans Banks refer Bhushan Steel, Essar Steel, Electrosteel Steels NCLT for recovery of bad loans under the Insolvency and Bankruptcy Code Resolve 55 bad loan cases in 6 months or face Insolvency and Bankruptcy Code, RBI tells banks The threat of invoking the Insolvency and Bankruptcy Code at banks is part of RBI's strategy to rein in unacceptable levels of bad loans in India's banking sector HDFC Bank MD Aditya Puri exercised Rs57 crore stock options in 2016-17 HDFC Bank's managing director Aditya Puri saw his remuneration rise marginally to Rs10 crore and exercised stock options worth over Rs57 crore during 2016-17 Tata Power offers to sell 51% stake in Mundra power plant for Re1 Tata Power offers discoms majority stake in its Mundra power plant for the token sum of Re1 in return for purchasing electricity at revised power tariff Fund managers wary of PSU bank merger fallout 72 mutual fund schemes held shares in top four PSBs ­ barring SBI as of May this year. Amazon just hammered another 'nail in the coffin' for Macy's, Sears, and JCPenney Amazon's Prime Wardrobe program may have just scratched the only reason people still go to department stores. D-Mart strikes gold by getting the basics of retail right While majority of retailers, both brick-and- mortar and online are reeling under pressure to make their bottomlines positive, the low-profile Mumbai-based D-Mart has breathed life into the challengin Now, more Indians prefer small tea brands like Wagh Bakri, Amar Tea Smaller brands such as Wagh Bakri, Amar Tea, Girnar and retailers private labels together gained more than 320 basis points (bps) since 2012 in the tea market. Telecom to banking, most services to be costlier with GST For some days now, several service providers — from insurance and banking to telecom and hotels — have been sending emailers to customers warning of a GST-driven increase in prices starting July 1. Companies warn cut-throat telecom tariffs may lead to bloodbath Jio has disrupted the sector with free voice and low data rates, leading to a tariff war that has worsened the financials of the debt-laden industry. Indian telecom sector earnings outlook worst among global peers Indian telecom firms are reeling due to disruptive tariff plans from new entrant Reliance Jio. Mobile payment revolution in India: Landscape and opportunities The global payment market remains one of the most active technology markets in terms of disruption, interest, and investment. Given a decade of unprecedented transformation brought about by new payment methods, technologies, business models, and competitors, the market has only just begun to integrate innovative technologies like blockchain, artificial intelligence (AI), voice commerce, and the … Government seeks details of proposed investments in India from Apple The government has sought investment and job creation details from iPhone maker Apple in order to facilitate setting up its proposed manufacturing fac.. OnePlus 5 is here: Faster app installs, Snapdragon 835, and Paytm-enabled The device, available on e-commerce major Amazon, starts at Rs 32,999. Drop proposal for mandatory telecom equipment testing Assocham has urged the telecom department to drop the proposal of mandatory testing of telecom equipment which is used in India after certification fr.. UAE Quietly Lifts Ban On WhatsApp Voice And Video Calling, Users Cheer On Social Media The United Arab Emirates (UAE) has removed the ban on voice and video calls on the instant messaging service, WhatsApp. HP: GST will spur demand for PCs in India, says HP "With tax slab set at 18 per cent under GST, pricing of notebooks will not be impacted for buyers as the prevailing rates are about the same," HP said.. Meal kit company Home Chef reviews options including sale HOMECHEF-M-A:Meal kit company Home Chef reviews options including sale - sources Mother Dairy MD Nagarajan steps down NEW DELHI: S Nagarajan, MD and director of Mother Dairy Fruit & Vegetable, has quit the company. Packaged organic food may need government stamp This is the first time FSSAI has formed regulations for this category of food, which is an expanding industry in an increasingly health-conscious India. FMCG companies may not make higher profits on lower GST rates The new anti-profiteering rules imply that all savings must be passed on, including the benefit earned from input tax credit Consumer-facing firms selling cars, electronics will be GST-ready only by mid-July Centre relaxed the procedure for filing returns for the first two months of GST implementation, taking into account concerns expressed by trade and industry. Hospitality FMCG Bringing More Revenue CG Corp Global Indian Hospitality Sector News - , F&B-CG Corp Global, the multi-national conglomerate company based in Nepal is now on the fast track to open 100 more outlets of Wai Wai City across India. GST to make oil and gas business more expensive: Shell India CEO Nitin Prasad India is at the heart of a major strategy to tap into the energy transition underway globally and Shell has rolled out aggressive plans for expanding .. Consumer satisfaction of tractor owners up in 2017: JD power New Delhi, Jun 22 () Satisfaction of tractor owners in terms of machine performance, quality and reliability improved almost 20 per cent from last year but excessive tyre wear continues to be the most bothersome problem, says a study by JD Power. Prabhat Dairy, Parag Milk, Vadilal Ind up 4-9% as govt bans milk products from China The Government of India today has banned milk, milk products and confectionary from China for one year. Companies reduce supplies ahead of transition to GST Transition rules allow dealers to get credit for only 40-60% of excise duty paid on goods that remain unsold in their showrooms on June 30. Kamlesh Kumar Sharma first Chief Communications Officer of Hindustan Coca-Cola Beverages Sharma has moved from Coca Cola India where he was Director, Corporate Communications and Alliances. He has spent 11 out of his 20 years of experience with this company Amazon India to set up temporary offline stores in Bengaluru ... Amazon India to setup physical stores in 12 locations of India to push the end-of-season-sale ahead of GST roll out. Flipkart to join hands with Myntra and Jabong for EORS With this collaboration, all the three companies aim to make EORS the biggest fashion sale event of the year. 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