Jul 10, 2017 - Logistics arm Vulcan Express could go in a Snap Deal soon

View online   Advertise              Unsubscribe from TradeBriefs Business Daily

Sree Vijaykumar From the Editor's Desk One of the things the human brain does well is forget things that are not important. Some sorts of forgetting - the way we subconsciously choose to keep and discard information - may be a functional advantage. And developers are realizing it's one of the hardest things about the human brain to recreate in artificial intelligence. It's not a bandwidth problem. Your brain could store memories from every moment in your life. Some people do - these individuals have a condition called "hyperthymesia" and can remember every detail from their lives. But, as Blake Richards and his colleague Paul Frankland argue in a paper published in the journal Neuron, ridding certain types of information from your brain is valuable for your functioning: Limiting the information we keep readily available means that the important stuff is more easily accessible. More here . Advertisers of the day On behalf of SAP India: Get GST-Ready in just a few weeks shivkhera: Optimize Performance and Move Up to the Next Level : Programs by Mr. Shiv Khera   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). Logistics arm Vulcan Express could go in a Snap Deal soon Gati, Peepul Capital and TVS Logistics are looking to acquire beleaguered ecomm co Snapdeal's logistics arm, which may provide a much-needed capital relief to its cash-starved owner 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. Lupin sets off down Indian pharma's long road to redemption Sanctions and bans have badly damaged India's reputation and slowed growth in the $16 billion sector. Shriram merger may not face RBI hitch The companies have been discussing the plan with the RBI for the past four months. Note ban no ground for banking ombudsman to handle complaints: RBI Customers' complaints about problems like cash withdrawal and exchange of old notes faced post-demonetisation cannot be entertained under the Banking Ombudsman (BO) scheme, the Reserve Bank of India has said. 'Finance friendly' France scores late points in Brexit bank contest 'Finance friendly' France scores late points in Brexit bank contest - Executives at a business conference in southern France this weekend said the election in May of former investment banker Emmanuel Macron had brought a night-and-day change in attitude towards their industry. India China standoff: Absence of full time Defence minister has become glaring point, here is why India China standoff: As New Delhi and Beijing continue to engage in a standoff in the Doklam area near the Bhutan tri-junction for the past three weeks, absence of full time Defence Minister has become a crucial factor. Crossing 9,700 hurdle looks challenging in near term Broader trading range for the week could be between 9,414 and 9,862.20. Legal heavyweights join Essar's challenge to RBI's bad loan plan Top legal brains facing off in the ongoing Essar Steel versus Reserve Bank of India (RBI) tussle in Gujarat high court It's official, Indian banks' health will worsen Despite best efforts, banks have not found adequate capital to write off bad assets. SaaS startups find guardian angels in its investors now These entrepreneur-investors help young companies with advice during their initial phases of product development Who gains and who loses in IDFC's goodwill hunting? IDFC Bank is a clear winner in the proposed three-tier merger deal of IDFC Ltd and Shriram Group Why private investments continue to be sluggish in India There is an urgent need to activate stalled projects and clean up balance sheets of corporate firms and the banking sector to revive the investment cycle. It is important to revive... Suspense over demonetised notes may finally end in next two weeks Reserve Bank and its auditors will meet before month end to put a number to banned notes that were not returned after demonetisation. The truth behind the cult of the start-up It seems a bit premature to celebrate start-up successes before the sector has proven itself Reliance buys coal bed methane gas from own blocks at $7.8/mBtu Reliance is buying its own coal bed methane gas (CBM gas) for its own use since the production is very small and there is no third party user GE arm in talks to invest in Avaada Power's renewable energy projects GE Energy Financial Services is in talks with Vineet Mittal-promoted Avaada Power to invest in its wind and solar power projects Goldman Sachs may invest Rs300 crore in Ozone Group's real estate project Goldman Sachs is evaluating both residential and commercial real estate assets of Ozone Group, and will invest in at least one project House panel decides to seek view of finance, aviation ministries on Air India divestment Besides, the 31-member panel is also meeting to consider and adopt the draft reports on the Merchant Shipping Bill, 2016 and the Major Port Authorities Bill, 2016. The Union Cabinet had on June 28 given the in-principle approval for Air India stake divestment. TPG Growth set to sell 20% stake in Sutures India in a $100 million deal TPG Growth has started initial discussions with US-based PE firms such as Carlyle and Advent International for the stake sale in Sutures India Omega Healthcare to hire 1,000 people in 6 months Omega Healthcare co-founder and CEO Gopi Natarajan says the company is planning to hire 1,000 workforce in Bengaluru in the next six months Why the CEO and chief human resources officer bonding is essential The relationship between top executives is like the one between cricket team coaches and captains How a bunch of startups hopes to breathe fresh life into the beleaguered online fashion market While a raft of startups has run aground, the growth of Indias top two ecommerce players, Amazon and Flipkart, will affect smaller startups odds of survival. Sebi initiates action against 1,088 firms for not complying with listing norms The firms to be included in the list of 'vanishing' firms, and their directors and promoters to be debarred from accessing the capital market, says Sebi Your wait for an Apple store will get longer. Here's why The Cupertino-based technology firm is keen to open its first couple of stores — of 10,000-15,000 square feet size — at prime locations in New Delhi and in Mumbai. MRP, other details must for items sold online from next year: Government E-commerce companies from January 2018 will have to print not only the MRP on goods but also information like expiry date and customer care details. Chocolate Room plans to raise Rs 100 cr, eyes 500 outlets Cafe chain The Chocolate Room is looking to raise Rs 100 crore from venture capitalists this year as it eyes doubling its footprint to 500 outlets by 2020. The company, which has 235 outlets across the country, is also planning to open stores GST impact: Patel Logistics in expansion mode; to set up 10 warehouses To cash in on the just rolled-out GST, which is very positive for the logistics sector, Patel Integrated Logistics has decided to invest over Rs 80 crore to set up 10 warehouses. Internet entrepreneurs bring changes in fashion retail and the way Indians shop Personalisation is a big buzzword. Various estores such as Aditya Birla-led abof.com and eyewear portal Lenskart.com offer virtual trial rooms. Quick service restaurant chains struggle in India despite customers willing to pay Changing food trends, regulatory restrictions, ill-planned expansion and irrational occupancy cost are some of the pressure points for the industry. India telecom operator Reliance Jio investigating claims of alleged data breach "We have informed law enforcement agencies about the claims of the website and will follow through to ensure strict action is taken," a Jio spokeswoman said early on Monday, adding the data on the website appeared to be "unauthentic." DoT insists on GPS in feature phones, prices may rise by 30 per cent The government has made it mandatory to install Global Positioning System in all mobile phones, including feature phones that will be sold in India, from January 1, 2018. Indian telecom regulator invites participation in public Wi-Fi pilot to provide affordable and widespread access to data Public Data Office Aggregators, registered with relevant authority, would provide last mile Wi-Fi services and small entrepreneurs would provide the venue to set up Public Data Offices. Mobile Data vs WiFi – How is India Consuming Internet? According to Crisil report, in the next five years the pace of internet would keep growing at about 12% a year, and the consumption would touch upto 2.0 to 2.5 GB by 2020. Worlds first battery-free cell phone developed Scientists, including those of Indian origin, have developed a new battery-less cell phone for the first time, that consumes almost zero power and runs by harvesting energy from ambient radio signals or light. GST Rate Finder App: How to Use App to Find New Tax Rates of Goods And Services in India The app has been made available for Android platform and will soon be made available for iOS. The app also works in offline mode. Reliance, Tata Teleservices stocks rally on consolidation call Consolidation would help all the players in terms of pricing and cost, analysts said. GST: Strains in supply chain even as soap makers slash prices Soap and detergent firms have cut prices to pass on the benefits of GST rates, but dealers who supply stocks to retail outlets complain they are struggling to get sufficient stocks Coca-Cola to launch new range of aerated drinks 35-40% cheaper than Coke or Sprite Targeted at the bottom segment of the market to compete with local brands, the beverages will be among the cheapest for Coca-Cola across markets. Consumer goods firms hold off on price hikes despite GST impact Consumer goods firms cited reasons ranging from muted demand and waiting to see how bigger rivals react to GST rates for holding off price hikes Emami mulls setting up manufacturing units in international markets FMCG company Emami Limited is exploring options to expand into new international markets and is mulling setting up overseas manufacturing units. Govt: Don't raid traders without prior approval The government said on Saturday that no tax officer had been authorised to visit premises of traders and shopkeepers without prior permission. Colgate-Palmolive cuts prices of toothpaste, toothbrush by 9% post-GST FMCG major Colgate-Palmolive (India) today said it has reduced prices of toothpastes and toothbrushes by 8-9 per cent to pass on the GST benefits to consumers. Punjab's border belt loses basmati aroma as area under sowing falls by 90% in 5 years Low productivity of Basmati-386, for long the flavour of Amritsar, Gurdaspur and Tarn Taran districts, reduces the farmer's interest in it; newer varieties are more... E-commerce firms must print MRP, expiry date from next year An amendment in this regard has been made to the Legal Metrology (Packaged commodities) Rules, 2011 by the consumer affairs ministry last month. Technology expected to fuel job creation going ahead, say experts The panel comprised Niti Aayog member Bibek Debroy, India director of International Growth Centre Pronab Sen, Director-Seller Enablement of Amazon India Archana Vohra among others 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