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Friday, June 23, 2017

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

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Sree Vijaykumar
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.

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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

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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

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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

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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

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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

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Telecom to banking, most services to be costlier with GST

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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.

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