Aug 10, 2017 - Bank of India recalls Rs 306-cr loan to HDIL arm

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Sree Vijaykumar From the Editor's Desk It's really surprising that more chief marketing officers (CMOs) aren't on Twitter. Don't get me wrong - some CMOs totally get it. In fact, this article highlights 25 CMOs that you absolutely should follow on Twitter. But, according to a search on LinkedIn, more than 30,000 people have the title of CMO. You would think that all of them would be on Twitter by now, promoting their brand and engaging with customers. After all, social media is kind of a big deal. More here. Introducing TradeBriefs SME - Print edition - Subscribe Now! | Sample copy 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). Bank of India recalls Rs 306-cr loan to HDIL arm The recall notice, seen by ET, has been served by Bank of India through its law firm MDP and Partners. 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. Debt-to-equity will push more money into equities: Neelkanth Mishra A correction and the trigger for one, if any , will come from global factors only. NPA crisis: Banking on a new law for answers Once a company enters bankruptcy, the new law envisages that day-to-day affairs be run by a resolution professional appointed by the creditors. Some companies, however, feel the... Short-tenor India bonds in hot demand as RBI easing bets recede Sovereign securities due in less than a decade are being snapped up as the Reserve Bank of India (RBI) is seen lowering benchmark borrowing costs just once more at best With Arvind Panagariya’s exit, the cause of reform loses another champion in India The departure of Arvind Panagariya is a reminder of how greatly expectations have changed since the first heady days after the Narendra Modi government took office Upswing in aluminium prices a boon for Indian producers Hindalco, Vedanta and Nalco are set to gain from surging aluminium prices, which closed above $2,000/tonne on London Stock Exchange on TuesdayOn Tuesday, spot prices on the London Metal Exchange closed above $2,000 a tonne, a level not seen since 2014. Piramal Finance invests Rs400 crore in Hema Engineering Auto parts maker Hema Engineering will use the Piramal Finance funds to refinance existing loans and fund capex plans NCLT admits IDBI Bank’s insolvency plea against Jaypee Infratech NCLT has also approved the appointment of an interim resolution professional Five Star Business Finance raises $50 million from Sequoia, others Sequoia Capital India and Norwest Venture Partners invested Rs135 crore each for a 10% stake (each) at Five Star Business Finance Sebi gives suspected shell companies a chance to be heard Sebi issues a second communique to stock exchanges, asking them to look at the tax returns and financials of the suspected shell companies for the past 3 years Pawan Hans divestment plan to be finalised in a week: aviation ministry Civil aviation ministry to send its proposal on disinvestment of helicopter operator Pawan Hans to evaluation panel within a week Bank of India to shore up Rs 8000 crore capital this year, says MD The bank's non-interest income-income which includes fees from guarantees and selling third party products; and treasury operations rose 30 per cent. Government to initiate banks' consolidation process after Q1 numbers There are various things including financial performance which have to be looked at before a merger decision is taken, said the official at the ministry. Sebi orders Prosperity Agro to refund investors’ money Sebi has ordered Prosperity Agro India and its directors to wind up existing collective investment scheme and refund the money raised from investors within three months. NSE cuts charges on currency futures to deepen market NSE’s decision of cut charges on currency futures is expected to help reduce trading and hedging costs for various entities, including small and medium enterprises (SMEs) HPCL stake sale: Govt tweaks terms to avoid ‘open offer’ At today’s trading price of Rs431.85, ONGC would have to pay Rs33,633 crore for buying government’s 51.11% stake in HPCL Top Indian funds said to see $1 billion contrarian bond bet The switch from short-term funds to income funds by Reliance Group is predicated on the expectation that Reserve Bank of India (RBI) will further cut rates Mother Dairy's Safal launches frozen jackfruit for Delhi-NCR Mother Dairy Fruits and Vegetables Pvt has launched frozen jackfruit under its Safal brand for consumers in Delhi and NCR region in a 300-gram packet priced at Rs 40 with a shelf-life of one year. Trai may ask DoT to enable domestic research for 5G technology We are soon going to give recommendations to the government on this issue,” he added. On Wednesday, The Indian Express reported that the Department of Telecommunications (DoT) is planning to send its officials to China for a 10-day training course, organised by the intergovernmental organisation Asia-Pacific Telecommunity. India adds 43 million new mobile subscriptions in March quarter There have been 43 million new mobile subscriptions in India, which is the highest and is attributed to the ‘welcome offer’ by Reliance Jio People still prefer websites and cards to mobile wallets Urban internet users prefer net banking, debit cards, credit cards and even cash on delivery to mobile wallets, according to an ET-RICS Retail Banking report. Telecom sector: Inter-ministerial group to meet next week to finalise report Recommendations reportedly include extension of the deferred payment schedule to 16 yrs China Mobile handset partner Voto to enter India, eyes Rs 700 crore revenue Chinese brands are growing strongly in India and are now contributing to more than half of the total smartphone shipments. These brands’ market shar.. Kraft Heinz books impairment loss of $48 mn on India ops DNA EXCLUSIVE: Kraft Heinz books impairment loss of $48 mn on India ops - The company says this loss was due to continued declines in nutritional beverages in India United Breweries to introduce 5 imported beer brands in India Kingfisher beer maker United Breweries will introduce five imported beers from parent Heineken challenging AB InBev’s Corona, Hoegaarden and Stella Artois Avoid processed food, ditch hot beverages for healthy teeth New Delhi, Aug 10 (IANS) Sensitivity and trouble in jaw/teeth is a common thing during monsoon season. Avoid having steaming hot food or beverages and floss regularly, say experts. Hershey will take lessons from india to global markets: Michele Buck, CEO The earnings report said the profitable range of products from India grew 40 per cent in the latest quarter, including Hersheys Syrups, spreads and milkshakes. 5% GST likely on packaged food awaiting trademark The GST Council is likely to treat brands for an application is already made for a trademark akin to a branded product to plug misuse of the provision. Britannia to rope in partner to focus on dairy business “Dairy project is now in its final stages and in another month we can give a clear view,” Britannia Industries managing director Varun Berry said. India's Hindustan Unilever, Asian Paints and Bharti Airtel among Forbes' World's 100 Most Innovative Companies List The annual 'World's Most Innovative Companies' are the ones that investors expect to be innovative now and in the future. Unilever to buy back Dutch preference shares UNILEVER NV-STOCKS/ (UPDATE 1):UPDATE 1-Unilever to buy back Dutch preference shares New India Is A Story Of Private Success And Public Failure: Gurcharan Das Noted author, commentator and thought leader, Gurcharan Das shares his insights on the state of Indian economy and the dire need to improve private and public governance systems, , gurcharan das, thinkers sandbox, gurgaon, faridabad, governance Anti-dumping duty on 93 products from China: Nirmala Sitharaman These products fall in the broad groups of chemicals and petrochemicals, products of steel and other metals, fibres and yarn, machinery items, rubber or plastic products among others Eyeing retail, consumer goods firms to offer our services: dunnhumby CEO Guillaume Bacuvier said their team in India works for customers on a global scale Tata group hiring bankers to help sell, merge its smaller companies ... As many as one-third of the Tata group’s 100-plus units could go as Tata Sons chairman N. Chandrasekaran and team try to balance the need to prune unprofitable businesses Amazon India: Smartphones in Rs 8K-14K range sell the most in consumer electronics The announcement came at a time when the website is hosting a three day sale targeted at outselling its biggest rival in the country, Flipkart which also is hosting its sale for the same duration. 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