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Friday, October 23, 2015

Oct 23, 2015 - Assured returns in real estate is a myth

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Assured returns in real estate is a myth

Beware of builders that promise guaranteed returns, especially in commercial property. It’s a false promise




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Real Estate boom or bubble?

The calls about these sectors being bubbles seem justified but only a crisis will sort them out



The future of mobile wallet lies beyond payments into pivoting into path-breaking social experiences

Investors are seeking to capitalize on the potentially disruptive technologies shaping a cashless economy



Assocham says that over 75% real estate projects are non-starters

As per the study, while over 2,300 projects in the realty sector remained non-starters, over 1,000 on-going projects have registered significant delays.



Rescue act: Sinha to meet airlines

The finance ministry may come to the rescue of India's ailing airline industry. Noting that airlines are among the biggest loss-making entities in aviation sector here, minister of state for finance Jayant Sinha will have a meeting with all carriers to discuss their woes.



Can artificial intelligence change the face of Indian IT services?

It has been a perennial dream for most firms in the Indian IT services sector – How to reduce costs without adding proportionate manpower? While...



Rise of used goods markets: Why e-commerce companies like OLX, eBay are chasing second-hand goods

As the tide of previously-owned goods hitting the market grows, more and more ecommerce platforms are offering such goods alongside new products.


Big consumer push: Tata Group shaking up its organisational culture to woo consumers

The renewed attempts at sharpening the consumer focus have come under the direction of Tata group chairman Cyrus Mistry.


Pakistan's plan to get electricity from India stalled

Pakistan, which is facing shortfall in electricity, is banking on India and also planning to import electricity from Iran and Central Asia.



DLF appoints JP Morgan and Morgan Stanley as bankers for selling promoters stake in rental arm

Earlier this month, the company's board had decided that DLF promoters - KP Singh family - will sell their 40 % stake in the company.



'Positive cash flow key in aviation business'

Ahead of Indigo’s 27 October IPO, Gangwal lays out the vision for India’s largest domestic airline and where he sees it going from here



Credit Suisse considers moving nearly 2000 UK jobs to India

The cuts are part of a plan to reduce the bank's cost-base worldwide. There will be 1,600 job cuts in Switzerland and 2,000 in the US.



Angry Birds maker Rovio to cut about a third of its workforce and spin off learning business

Finland's Rovio, maker of hit mobile phone game Angry Birds, said it will axe about a third of its workforce and will spin off its learning business to focus on games, media and consumer products.



Myntra aims to clock a gross merchandise value (GMV) of $5 billion, 10 times its current run rate of $500 million, by 2018-20

If all goes well with Myntra, the company is tipped to become profitable at operating level in the next 18 months


Slow fibre rollout hurting telecom health; experts blame India's low mobile internet speeds

Telecom experts have attributed poor quality of services and low mobile net speeds to low investment in optic fibre for telecom backhaul deployments.



Shell companies' patents to come under domestic tax net on adoption of BEPS

The tax may not apply at the time of registration of the patents, but when and if the patents become a revenue generating proposition for the company.



Gearing up for an investment push, real estate private equity funds go on a hiring spree

'A lot of funds are gearing up for investment opportunities in real estate in anticipation of a positive outlook of fresh funds being allocated to this asset class.'



The Cheapest Budget Airlines in Europe

Finding cheap airfare is the fastest way to cut down on your travel expenses, especially in more expensive regions like Europe. Next time you're planning to



Reboot Systems India in talks to raise $15 million to $25 million to take on GreenDust, OverCart

Reboot Systems India, a refurbisher of desktop computers, laptops and smartphones, is in talks to raise $15 million to $25 million in early-stage funding.



Paytm tying up with banks to help customers top-up mobile wallet using ATMs

"Customers of the Bank of Maharashtra can use their debit card to top up their Paytm wallet by walking into more than 1,800 ATMs across the country."


Lenovo India's 4G smartphone sales hit 3 million in a year

The China-based electronic major, Lenovo has revealed that it has sold around three million 4G smartphones in India in last one year, under the both Lenovo



Apple by apple, grocery apps find space in middle class shopping baskets

As smartphones become ubiquitous in the middle class home, apps that will offer to deliver anything from your vegetables to latest Apple iPhone 6s are gaining popularity


Japan offers loan at 1% rate for India’s $15 billion bullet train

The project to build and supply the Mumbai-Ahmedabad route will be put out to tender, but offering finance makes Japan the clear frontrunner



Samsung marketing arm Chiel eyes Digital India, ranks India over China : Report

The marketing company from the Samsung group seeks to build digital capabilities in a country that it ranks as a priority market, ahead of even China.



GIC picks 50% stake in Hyderabad's Tishman Speyer’s WaveRock office project

WaveRock asset is a green one with its buildings having received LEED Gold for Core & Shell certification and the next phase too is being built to meet the same standards.



Japan offers India soft loan for $15 billion bullet train in edge over China

Japan has offered to finance India's first bullet train, estimated to cost $15 billion, at an interest rate of less than 1 percent, officials said.



LinkedIn India's MD joins start-up

A city-based start up, Freshdesk, has roped in LinkedIn India’s Managing Director Nishant Rao, as its Chief Operating Officer.He will be responsible for all non-research and development aspects of Freshdesk’s activities



Facebook tweaks search to shine light on news and hot topics

The move came as technology stars such an array of Internet giants and vie to be preferred online venues for tapping into the latest happenings.



For Arvind Ltd's Sanjay Lalbhai, it's distinction not heredity that matters for leadership

Under Lalbhai, Arvind Ltd. has seen its fair share of ups and downs apart from diversifications that went nowhere and excessive debt.


Online puja material marketplace 'PujaShoppe.com' launched

Starting with five stores in Gurgaon, Delhi and Ranchi, the portal plans to have a network of 500 offline stores across the country in due course.


Can market mechanisms help India fight climate change?

India has three such mechanisms of which only renewable energy certificates is working, without much success



The case that changed online cab aggregators in India : a timeline

Yesterday, a Delhi Court found guilty Shiv Kumar Yadav, the driver accused in the rape incident on 5th December last year, on charges of rape, causing bodily harm and endangering the life of a woman under the Indian Penal Code. This came after last week when the government issued an updated advi



Worst is not over for ACC’s as woes continue in September quarter

ACC has chosen not to expand capacity and that is proving to be costly for the company



International airports across India on alert to check gold smuggling

Customs officials have been asked to intensify measures, including minutely scanning suspect passengers and commercial consignments to check smuggling of gold, official sources said.



Samsung marketing arm eyes Digital India and ranks it over China

The marketing company from the Samsung group seeks to build digital capabilities in a country that it ranks as a priority market, ahead of even China.



India's Bharat Petroleum Wants to Use Gas Stations to Bring E-Commerce to Rural India

Bharat Petroleum Corp., India’s lumbering state-run fuel company, is planning use its nationwide network of 12,800 gas stations to deliver online retail to rural India.


The debt-servicing capabilities of India’s conglomerates

Total debt at the top 10 groups has risen 7 times over the past 8 years, and adds up to 12% of the loans in the banking system and 27% of corporate loans



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