Check Out These!!

Please check out posts at my other blogs too!!!



Where Dreamers Dare
My Tech Blog

Friday, August 11, 2017

Aug 11, 2017 - Union Bank of India falls on 40% stake sale in MF business

View online   Advertise
             Unsubscribe from TradeBriefs Business Daily






Sree Vijaykumar
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).

Union Bank of India falls on 40% stake sale in MF business

Promoters held 63.44 per cent stake in the company as of June 2017.




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
reseller
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.

Phillips Carbon Black rises 4% on expansion plans

It opened at Rs 578 and touched an intraday high and low of Rs 610.90 and Rs 576 respectively.



IOC buys more US crude; first to purchase Eagle Ford shale oil

The latest purchase comes after a previous import tender where IOC bought 1.6 million barrels of Mars crude.



We are open to any kind of investments which make commercial sense: Prabhat Singh, Petronet LNG

"Once we are through with our studies which we need to do and then we find merit in that, that is the point of time then we will actually put in some proposition," said Singh.



Banks are reducing fund transfer charges

There was a spurt in digital money transactions after demonetization but their growth has slowed down. To revive it, charges on these services are being reduced



RBI mandates corporates to seek rating from 2 rating agencies to issue CPs

RBI has said that those companies with networth of Rs 100 crore can tap the CP market.



ONGC said to plan first ever borrowings

ONGC may sell bonds and take out loans of as much as $4 billion to pay for the purchase of government’s $5.2 billion stake in HPCL and bankroll $4.5 billion of projects



Bank credit growth to priority sector slows drastically

Overall bank credit growth to the priority sector was at 4% in June and it has been slowing steadily. One reason is that inflation rates too have come down



Uber investor sues to force former CEO Travis Kalanick off board

Ryan Graves told Uber staff in an email yesterday that he will transition out of his role as senior vice president of global operations in mid-September. Graves will remain on Uber's board.



Will Flipkart deal change SoftBank, Tiger Global Management’s fortunes in India?

With the $2.6 billion Flipkart funding, SoftBank has bought its way out of a corner, and might have financed Tiger Global Management’s escape too



How will GST impact the Indian economy

Here is a look at the impact the goods and services taxes will have on businesses under an employer-employee scenario as well as on investment by NRIs or expatriates



Early investments need a lot of management bandwidth: Rajesh Kamat

Rajesh Kamat, managing director of Emerald Media, says stable government and growing economy have boosted investor confidence in India



Why RBI's Urjit Patel should follow former Fed chairman Ben Bernanke's 'Operation Twist'

Like Bernanke launched his ‘Operation Twistand he lowered yield on long-tenor securities by buying them with the sale proceeds of short-term notes.



Startups use tech to put fitness on the Indian agenda

The interest is evident in the increasing number of people hitting the gyms, although only 1.5 per cent of urban Indians have access to any fitness centre.



RBI halves dividend payout to government to Rs30,659 crore

RBI’s dividend payout to the government, for the year ended 30 June 2017, has fallen to Rs30,659 crore from Rs65,876 crore in the previous year



Post GST supply hiccups not to hit festive season, says Shoppers Stop MD Govind Shrikhande

Shoppers Stop expects apparel priced above Rs 1,000 to cost more by about 4%- 6% later in the year as retailers might pass on the increase in tax via GST to customers, Govind Shrikhande, managing director, Shoppers Stop told Jharna Mazumdar.


Singtel posts 5.6 pct drop in Q1 profit

SINGTEL-RESULTS/:Singtel posts 5.6 pct drop in Q1 profit



India Consumers Lead the Way in Mobile Banking: Avaya Survey

Customers in India more likely to use mobile banking apps than counterparts in UK, UAE and Australia, according to survey from Avaya, , mobile banking, avaya



Indian developers keen to work on chatbots, microservices: Oracle

Oracle organised its global flagship developer conference 'Oracle Code' here on Thursday for the first time.



ISRO, NOAA to develop high speed data link for meteorological data exchange

“The amount of data moving over telecom networks is growing exponentially in India,”said Dr. R.Chidambaram, Principal Scientific Advisor to the Government of India.



Google improves 'Search' experience for Indian users

In a bid to further improve the search experience for its users in India, Google on Thursday introduced latest update to its 'Search' app.



Here's how to register for Jio Phone, pre-booking starts on August 24

Reliance JioPhone, which was officially launched by the Chairman & Managing Director of Reliance Industries Limited Mukesh Ambani in the 40th Reliance Annual General Meeting on July 21, will be available for pre-booking from August 24, 2017. The trials for JioPhone will start on August 15, 2017.



With Jiophone, is Facebook bringing back Free Basics to India?

Net neutrality is a very touchy subject when it comes to telecom services worldwide and had snowballed into a major controversy in India last year. Facebook had abandoned its plans of internet for rural masses because of concerns on offering data only for selective apps. Free Basics's grand re-entry plan?



TRAI floats consultation paper to usher in a new data protection regime, to protect the privacy of users

The consultation paper seeks inputs from stakeholders for formulating a comprehensive data protection regime for users in India.



TSSC and IBM Collaborate to Spur Emerging Technology Skills within Indian Telecom Industry

Indian News - , Big Data-New curriculum to address skills gaps in cloud, IoT, big data and mobility



Coffee Day Storms into Rs 1000-crore energy drinks market

Coffee Day Storms into Rs 1,000-crore energy drinks market - The company will leverage on all these channels to sell Storm in the market



Poor rate of Basmati reduces cultivating area to half

Plunged from 8.61 L hectares in 2014 to 4.5 L hectares this year



Consumer goods firms may face long-term disruption in CSD channel

The Canteen Stores Department (CSD) network, the largest organized retailer in India, has been dragging down sales for FMCG firms across the board



Manpasand Beverages net profit up 25.04% at Rs. 35.82 crore in Q1 FY 2017-18

In a bid to strengthen the engagement with its shareholders, the management at Manpasand Beverages has recommended a bonus issue in the ratio of 1:1, , Manpasand Beverages, gst



Heritage Foods announces 50:50 JV with French company Novandie

The joint venture will set up a Greenfield plant with a capacity of 20 tons per day at an investment of Rs 16 crore for the first plant, which is expected to be operational by 2018



After frozen peas, Mother Dairy counts on value-added segment to bear fruit

Expects horticulture brand’s revenues to touch ₹700 crore by this fiscal



Going forward there will be less sugar in our products: Ravi Kant Jaipuria, Varun Beverages

"When a person is having less than two soft drinks in a month, how can sugar effect the Indian consumer at the stage where we are today," said Jaipuria.






Consumer goods stocks may gain on revival of rural demand

Normal monsoon, farm loan waivers, higher MSPs may help revive rural demand for consumer goods



Hindustan Unilever will not hike prices this quarter: CFO PB Balaji

A month into the goods and services tax regime, Hindustan Unilever CFO P.B. Balaji has his task cut out—ensuring that assumptions made prior to GST rollout are realized



Flipkart got billions to afford more Billion Day sales for you

Flipkart's The Big Freedom Sale is ending today. However, it has got another reason to come up with more billion day sales for you. The Japan-based Softbank's Vision Fund has made the largest ever infusion of USD 2.5 billion in India's e-tailer firm.


Telecom, ecommerce drive hiring in July

'Job market reacted negatively to demonetisation, but this is not so in the case of GST.'


Tiger Global's big Flipkart bet is finally paying off

Tiger Global — once the largest backer of Indian startups — has not made any new investments in India since the end of 2015. That is now set to change.


TradeBriefs Publications are read by over 10,00,000 Industry Executives
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

Posted by Sayan at 1:50 PM

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)