Aug 29, 2017 - BoI to complete sale of 29.96% stake in STCI Finance by month-end

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Sree Vijaykumar From the Editor's Desk Should we all emulate Mark Zuckerberg and embrace speaking Mandarin, or perhaps teach our children the language? In April this year, U.S. President Donald Trump's grandchildren (aged 5 and 2) engaged in soft diplomacy at the highest level when they sang in Mandarin for the Chinese president and his wife. Ten years ago, investor Jim Rogers even moved to Asia to provide his daughters with a strong Chinese learning environment. Language opens doors. Speaking more tongues means more opportunities to participate in conversations. It's also clear that the power of a language goes beyond simple head count. Kai Chan of INSEAD has created the Power Language Index (PLI): If an alien were to land on Earth, what language would serve it best? As expected, English comes in first. Mandarin is growing in power but remains a distant second. French comes in third place, with strong results in geography and diplomacy. Among Indian languages, Hindi comes in at number 10. More here. Introducing TradeBriefs SME - Print edition - Subscribe Now! | Sample copy Advertisers of the day Standard Chartered Bank (Personal Loans): Your dream holiday is now closer than ever On behalf of SAP India: Identify the perfect SAP solution for your business in 3 easy steps 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). BoI to complete sale of 29.96% stake in STCI Finance by month-end State-run lender Bank of India will complete sale of its 29.96% equity stake in STCI Finance by August 31, two sources with direct knowledge of 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. 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Perhaps yes Online and offline stores will continue to hold their own despite the growing competitiveness between them in India's changing retail climate. Basics to follow for growth of FMCG business Sales of an FMCG business are similar to a see-saw, where both sides need to be balanced to maintain equilibrium. In this case, the volume and the price are the sides that need to be evened out to meet the desired sales target. Emami launches Fair and Handsome Laser 12 Strengthening its men's grooming portfolio, home grown FMCG firm Emami has launched Fair and Handsome Laser 12 aiming the premium whitening face cream. Targeted towards young professionals, Bollywood stars Hrithik Roshan will be endorsing the new How Ram Rahim's ayurveda brand 'MSG' once rivaled Ramdev's The 'godman' who has been convicted of rape recently, has an FMCG ayurveda brand boasting of 151 products. 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Illegal cow slaughter, ban on porn Illegal cow slaughter and pornographic websites are among the major grievances of the people, going by complaints received by the Centre, a government-ordered study has said. Flipkart ropes in Arjun Kanungo for its latest 360 degree ad campaign The campaign has been conceptualised by Qyuki Vivo, Oppo plan to move cloud to India, pack off Chinese expats after Doklam crisis More than 400 Chinese expats working for Oppo and Vivo have also been sent back after a sharp fall in the July and August smartphone sales. Future Group to focus on small stores to build brand presence Future Retail will open more Easyday stores across the country, and will also increase the number of Heritage and Nilgiri stores in the south, he adde.. Centre gets maximum complaints against e-commerce giants over consumer issues Complaints related to e-commerce companies pertained to “unclear guidelines for quality check of the products, lack of standardisation of refund, de.. 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