Jul 18, 2017 - RIL, Shell, ONGC fined $3 billion in PMT oil field dispute

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Sree Vijaykumar From the Editor's Desk In 'Flow: The Psychology of Optimal Experience', Mihaly Csikszentmihalyi refers to large goals as 'outcome' goals and small goals as 'process goals'. The beauty of process goals is that they are always in your immediate power to achieve. For example, you might set a process goal of making 5 important sales calls before lunch. Process goals give you total focus. When you are constantly setting process goals, you are more in control of your day, and feel a sense of self-motivation. At the end of the week, you can check your progress towards your outcome goals. It is also important to tweak your process goals to take you closer to your outcome goals and keep them in harmony. 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). RIL, Shell, ONGC fined $3 billion in PMT oil field dispute The government has ordered RIL, Shell and ONGC to pay $3 billion in penalty following an arbitration award in the PMT oil field dispute that went in favour of the government 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. CalPERS says considering making own private equity investments CALIFORNIA-CALPERS/PRIVATEEQUITY (PIX):CalPERS says considering making own private equity investments Target to bring IPO before December-end: Keki Mistry, HDFC "Institutional investors have approached us and expressed an interest in subscribing to equity shares" Micro-finance rebound shows rural India recovering from demonetisation Rural India is showing signs of recovery from last year’s demonetisation, boosting optimism that increased spending will help the broader economy regain its vigour GST brings pain, paperwork to India’s online sellers The new goods and services tax (GST) regime is causing widespread headaches for small merchants and the e-commerce companies they work with Not just 1, India set to get 3 mega oil giants soon In following through with its plan to create a giant integrated oil company, India’s top refiner is planning to buy a 66% stake in Oil India Fino Bank partners ICICI for products Mumbai: Fino Payments Bank , which launched its operations on Monday with 410 branches, has announced a partnership with ICICI Bank. Paytm invests in Mobiquest, a loyalty programme start-up Paytm hasn’t disclosed the quantum of investment in Mobiquest, a Noida-based start-up that lets brands create loyalty programmes NSE CEO Vikram Limaye to focus on regulatory issues first, then IPO NSE CEO Vikram Limaye has taken charge at a time when Sebi is probing allegations that some stockbrokers received unfair access to NSE’s algorithmic trading systems Finance Ministry warns PSU general insurers on huge underwriting losses The government’s warning has come at a time when PSU insurers are getting ready to come out with initial public offers (IPOs) and list their shares on the bourses. Birla Sun Life official questions dual pricing of insurance policies Prakash Mahtani of Birla Sun Life is mobilising support against discounts on direct sales, which he says puts agents at a disadvantage KKR to invest $200 million for 49% in Radiant Life Care Radiant Life Care, which runs two hospitals in New Delhi and Mumbai, is looking at consolidating the fragmented industry through acquisitions. Bank of India banks on Project Connect to tackle bad loans Bank CEO Dinabandhu Mohapatra said project aims at reducing bad loans, improving the share of low-cost deposits and retail credit. IIFL AMC raises $216 million for second IPO-focused fund IIFL Asset Management said it has raised around $216 million for its Category-II alternative investment fund launched in May KKR acquires 49% stake in Radiant Life Care for $200 million The acquisition follows KKR’s infusion of debt funding worth Rs500 crore in Radiant Life Care last year HDFC Life to launch IPO; Max Life merger on hold with no regulatory nod Till now, structure prior to an IPO has been identified which satisfies shareholders' requirements Second in terms of card acceptance, says Axis Bank The bank is actively involved in helping spreading digital payments solutions, post demonetisation. What to do if your bank does not listen to your complaint As a customer, if you have any complaint against your bank and are not satisfied with the bank’s response, there are various options available Gujarat HC turns down Essar Steel's bad loan plea in big win for banks The court had earlier stayed the insolvency proceedings against Essar Steel before the National Company Law Tribunal (NCLT) as an interim measure on its plea. Jubilant FoodWorks reports highest same-store sales growth in 2 years The company launched 3 new products at Domino's to build excitement among consumers PremjiInvest buys 3.26% stake in Biyani's Future Lifestyle for Rs 196 crore The stock of Future Lifestyle Fashions Ltd dipped 2.94% to end the day at Rs 308.50 per unit on NSE Oberoi Mall to explore Omnichannel route, to launch premium mixed-use retail projects by 2020 Envisioned as a fashion and entertainment destination, Oberoi Mall opened its doors for shoppers on April 15, 2008. Situated on the Western Express Highway and with a GLA of 5,50,000 sq. ft., Oberoi M Foxconn Technology may make 4G feature phones for Reliance Jio Jio and Airtel were the only telcos to have added active subscribers in April-May at 8.7 million and 1.5 million, respectively. Decoding the rise of Tejas Networks In Tejas, Deshpande had envisaged an opportunity to build a telecom-equipment company in India that can help firms like Siemens and Lucent source optical-networking products at better margins. Nokia unveils Rs999 feature phone in India HMD Global, the Finnish startup which owns the rights to use the Nokia brand on mobile phones, has launched two entry-level features phones - the Nokia 105 and Nokia 130. Both features phones have upgraded designs, and run on Nokia S30+ platform. GST impact on telecom services: Managing rising mobile bills and data consumption The Indian Telecom sector has just witnessed another revolution: the Goods and Services Tax (GST). Kodak Ektra photography-centric phone launched in India at Rs 19990 If there was a company that has been trying to catch up to the present, it is Kodak. The iconic maker of film cameras has been trying to reinvent itself for sometime to stay relevant. To that end, Kodak thought of doing what everyone is doing. The company launched a smartphone. Behold! The Kodak Ektra. Telecom minister Manoj Sinha says no ban on satellite phone services Telecom minister Manoj Sinha says the government has put no bar on satellite phone services segment and any entity can start operations in the country Dabur Honey hit by Patanjali's aggressive pricing Dabur launched 17 new products during 2016-17 HUL, UltraTech, Crisil results on Tuesday Among the companies that will declare results on Tuesday, analysts will focus ETMarkets After Hours: RIL on a new high; ITC smoke clouds FMCG Shares of ACC witnessed biggest spike in the open interest contracts at 54.80 per cent. A startup is looking to rule India's cow economy with dung soap and urine toothpaste Ayurveda. Unani. Homeopathy. Cowpathy. Markets await HUL results to gauge GST impact on FMCG sector Destocking in the weeks before the GST rollout is likely to dent growth numbers in June quarter. Patanjali Ayurved may help out stressed infra companies Baba Ramdev’s Patanjali Ayurved has been approached by some infrastructure firms for support that could be in the form of an acquisition or a joint venture Britannia scouts for growth opportunities in bakery segment Britannia had entered into a joint venture (JV) agreement with Greece's Chipita S. A for manufacture and sale of ready-to-eat filled croissants. Brand ambassadors should be brought under ambit of new consumer protection law:CAIT Brand ambassadors endorsing products should be brought under the ambit of the new consumer protection law as they influence choice of consumers, traders body CAIT said today. Retail workers union opposes Amazon's purchase of Whole Foods The union, which does not represent Whole Foods employees but 800,00 clerks and other workers at other grocery chains, asked the Federal Trade Commiss.. Bengaluru Vs Delhi NCR: Startup Funding Game Of Thrones Among The Top Cities Continues The game of thrones between Delhi NCR and Bengaluru continued for H1 2017 to emerge as the winner in startup funding activity. LazyPay partners Ridlr for Mumbai bus and metro ticket payments Ridlr users can now pay for their Mumbai local bus and metro rides within 15 days from their date of travel using the pay later option provided by LazyPay Future Group to give the iconic store a facelift to meet the needs of the millennial shopper Known for breads, cakes, candied almonds to flavoured milk ­ the brand is intrinsic to Bengaluru's shopping history . It is Bengaluru's oldest and th.. Amazon India rolls out 'Local Finds' feature on its website The new feature is similar to OLX and Quikr, and allows buying or selling of old products within the city. - Amazon India rolls out ‘Local Finds’ feature on its website Alibaba unveils 3 new Hema stores in China Incepted in 2015 as an experiment, Hema is the manifestation of modern retail and now has 13 stores across China including major cities like Beijing, .. 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