Jul 14, 2017 - Infibeam denies bidding for Snapdeal

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Sree Vijaykumar From the Editor's Desk Like most things in life, popularity is more complicated than it looks. Some people are popular because they are likable - their peers like them, trust them, and want to be with them. Others are popular because they somehow gain a certain status, and use that power to wield influence over others (ie, high school). Which kind of popularity you pursue matters, says Mitch Prinstein, a professor and director of clinical psychology at the University of North Carolina. Prinstein delves into reams of research about what popularity is, and what effects it has on us. He shows that people who seek to be likable tend to end up healthier, in better relationships, with more fulfilling work, and even live longer. Status-seekers, on the other hand, often end up anxious, depressed, and with addiction problems. 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). Infibeam denies bidding for Snapdeal MUMBAI: The country's only publicly listed e-commerce company Infibeam is involved in merger talks with troubled online marketplace Snapdeal, sources close to the matter said. 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. Life insurers' premium from new business up 6% The first-year premium, or premium earned by selling new policies by the private sector, rose 12%. NCLT gives Bhushan Steel 4 Days to reply Bhushan argued it only received notice from banks on July 11 and hadn't had time to prepare its rebuttal. Inflation is taken care of, expect RBI to cut rates: Radhika Rao, DBS Even the sticky aspects of inflation are taken care of. Imported inflation has also been stable or weak. Premium for HPCL to cost ONGC more, benefit less The final valuation of HPCL will be based on the recommendation of independent valuation agencies. Vijay Mallya laundered over Rs1,300 crore through 13 shell companies: ED Enforcement Directorate says liquor baron Vijay Mallya laundered over Rs1,300 crore through 13 shell companies in US, Ireland, Mauritius and France Is the affordable housing euphoria overdone? The affordable housing market is fragmented with scores of developers; those with weak financials may even wind up operations HDFC Life may call off merger plan with Max Life, focus on IPO The two parties have not been able to arrive at a mutually agreeable alternative for the transaction, which the regulator has rejected in its current form. RBI's oversight committee clears SBI's debt resolution plan for Supreme Infrastructure The RBI panel approved the restructuring plan for Supreme Infrastructure under the central bank's scheme for sustainable structuring of stressed assets Order to banks to speed up loan recovery within our powers: RBI RBI says its 13 June directive to banks to speed up their bad-loan recovery was well within its powers, and that its classification of sticky assets could not be challenged GVK Power exits Bengaluru airport, sells remaining stake to Fairfax GVK Power and Infrastructure says it has sold its residual stake worth Rs1,290 crore in BIAL to Fairfax India Holdings JSW Energy shareholders clear plan to raise Rs21,000 crore for acquisitions Shareholders of Sajjan Jindal-promoted JSW Energy Ltd vote to give the company board the power to raise up to Rs21,000 crore through various securities Blackstone in talks to buy $525 million IL FS real estate fund Private equity firm Blackstone may buy ILFS India Realty Fund I owned by IL&FS Investment Managers Ltd Tata group in talks with 21st Century Fox to sell Tata Sky stake Rupert Murdoch's 21st Century Fox owns a close to 30% stake in Tata Sky through its investment arm NDDS and is keen to increase it Yes Bank gets another $150 miillion from OPIC to fund SME lending OPIC's facility will help Yes Bank expand its SME lending capacity, specifically enabling them to reach both women and entrepreneurs in low income states. AU Small Finance Bank now among the top 20 NBFCs by market capitalisation The stock has gained 30% after its robust debut on July 10 Vodafone-Idea merger: KM Birla, Sebi chief discuss regulatory aspects Regulator is currently examining if the deal meets the takeover code regulations Monthly card payments hit record Rs70,000 crore on the back of note ban: SBI Card payments on point-of-sale terminals have hit a record Rs70,000 crore, a level that would have taken three years to reach had demonetization not taken place, a SBI report said United Bank of India eyes Rs500 crore mop-up through Basel III bonds United Bank of India looks to raise up to Rs500 crore through issuance of Basel III-compliant bonds on private placement basis Initiative for merger should come from banks: Rangarajan New Delhi, Jul 11 () Former RBI Governor C Rangarajan today said bank merger should be need-based and the initiative should come from the lenders themselves. "Initiative for merger should come from banks themselves and there must be felt a need for it. SoftBank is said to mull investing in robotics start-up Makeblock SoftBank plans to invest in Makeblock which wants to raise $60 million in a series C round by the end of this year as it targets a doubling of its valuation to $400 million McDonald's outlets may reopen soon; NCLT reinstates ousted MD Vikram Bakshi MNC says it will check legal options in the matter E-commerce players still waiting for clarity on the new tax regime Firms welcome deferment of tax collection provisions; vendors rush to register GST impact: De Beers' Forevermark eyes mkt share of generic diamond sellers The diamond market consists of at least 55 per cent unorganised and unbranded sellers 6 brands bringing the convenience of online shopping to your home We're all busy, and the "try before you buy" model helps to cut down on the trips to the mall we don't absolutely have to make. Rethinking regulators and regulatory Acts It is of immediate concern to take a fresh look at prevailing regulatory Acts if regulators are to be effective in the markets of the future Telecom subscriber base in India crosses 1.2 billion mark The growth was led by 6.23 million net subscriber additions in the mobile services segment. Not Bharti, Voda so much, a telecom rescue package to help R-Com more: Nitin Soni, Fitch Ratings If a telecom rescue package comes, it may take away RJio's competitive advantage, says Soni. India's Mobile Disruptor Sets Sights on Fixed Broadband It is because of newcomer Reliance Jio that by 2020, 80% of India's population will be able to afford a 4G phone, which would otherwise have been 68.. Just how much disruption can India's telecoms sector take? With the second anticipated disruption from RJio – the launch of 4G feature phone – it would be foolhardy for competitors to heave a sigh of relief just yet Apple, Google, Amazon to have say in new Indian telecom policy? DoT set to consult global tech giants The department of telecommunications (DoT) has started the process of drafting the new National Telecom Policy (NTP) and will soon begin consultations with stakeholders, which will also include tech giants such as Apple, Google and e-commerce major Amazon. How to create your product differentiation strategy India Inc chips in to clear the air about GST for clients, vendors A fortnight into the implementation of GST, traders and businessmen are yet to get a hang of the new system. Builders can't force buyers to go for arbitration: NCDRC Order A Big Relief For Buyers Consumer is and will be the king, says telecom minister Manoj Sinha Telecom sector in India has been a success story and the government will ensure that it remains so, he says. NCLT reinstates Vikram Bakshi as MD of Connaught Plaza Restaurant It further observed: "All steps taken in pursuance of non-election of Vikram Bakshi as Managing Director are also declared illegal, unlawful, unjust and malicious." Rain-fed rural India to drive country's consumption growth this year However, theres a question-mark on sustaining the growth momentum this quarter, as Indias villages rely heavily on wholesalers, who might get affected by GST. Philips India MD V Raja to leave the company The companys internal circular said that Raja, who had taken charge of the company in December 2015, is taking an early retirement due to personal reasons on September 30. "Indian Market is Difficult to Penetrate": Kishalay Ray, President-CE Business, Sharp Kishalay Ray, President-CE Business, Sharp talks about the consumer business division and why the air purifier market in India is lagging behind. Tell us about Sharp Consumer division in India? Baba Ramdev goes beyond Yoga, Ayurveda, launches private security firm 'Parakram Suraksha' Noted Yoga guru and founder of the Patanjali Ayurveda has now made a foray into the lucrative security business. 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. 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