Aug 10, 2016 - Ascendas Singbridge plans fund to invest in India

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Sree Vijaykumar From the Editor's Desk Recent research indicates that only about half of perceived friendships are mutual. It's a startling finding that has prompted much discussion among psychologists, neuroscientists, organizational behavior experts, sociologists and philosophers. Some blame human beings' basic optimism, if not egocentrism, for the disconnect between perceived and actual friendships. Others point to a misunderstanding of the very notion of friendship in an age when "friend" is used as a verb, and social inclusion and exclusion are as easy as a swipe or a tap on a smartphone screen. It's a concern because the authenticity of one's relationships has an enormous impact on one's health and well-being. More here Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. Ascendas Singbridge plans fund to invest in India “We do not want to be dependent on a particular sector and we are looking to derisk. We have capability to build warehouses, control and manage development,” said official. Aadhaar-enabled smartphones will ease money transfer “The two-factor authentication in UPI is now being done with mobile phone as one factor, and MPIN as the second factor," said Nandan Nilekani. Faering Capital withdraws investment in Snowman Logistics On Tuesday, the fund sold its investments in the company for a total value of Rs 37.1crore, gaining a multiple of 1.9x on the investment. How successful has Raghuram Rajan been in reducing inflation expectations? Inflation expectations, CPI have fallen quite a bit from September 2013 when Raghuram Rajan, took over as RBI governor, but higher than December 2014 numbers Promoters and shareholders of ASK group to sell stake to raise $75-80 mn “The deal will involve primary as well as secondary stake sale. Some of the existing individual investors now want to cash out,” said a person directly involved in the deal. Bad loan woes continue for state-run banks Indian Overseas Bank, Uco Bank report losses in the June quarter, profit at United Bank of India falls; gross non-performing asset ratios rose at all three banks RBI to inject Rs10,000 crore for liquidity crunch on FCNR payout In a bid to meet the perceived liquidity crunch due to upcoming redemption of $20 billion, RBI will purchase govt securities for Rs10,000 crore on 11 August Why rising salaries of Indian CEOs are a healthy trend Indian CEOs’ pay cheques may have been increasing exponentially, but underperforming PSUs continue to be badly served because of disparity in salaries Growth stage funds that are going slow on Indian start-ups A few growth stage funds are going slow on Indian start-ups this year after a bull run in 2015, according to data provided by VCCedge Liquidity-drenched banks may get rate-cut call Liquidity-drenched banks may get rate-cut call - Despite the softening of the debt market rates and fall in yields, bank lending rates have remained static. Rajan is expected to sign off his last monetary policy on a dovish note, putting the onus of slashing rates on the banks. Salarpuria, Apollo form JV to buy out projects in Bengaluru, Vadodara The two undeveloped land parcels include 10 acres near Malleswaram in Bengaluru and 18 acres in Vadodara; both will be turned into residential projects Even executive pay is disrupted at tech giants like Amazon US tech firms pay executives almost exclusively in stock grants free of links to performance goals How the online fashion market is planning to combat the joined force of Flipkart, Myntra and Jabong Myntras acquisition of Jabong is estimated to have placed the combined entity right at the top of pile, with an estimated market share of 60-70%. McDonald's goes on a healthy diet, reduces sodium in its mayonnaise and fries “In India, we will continue to work closely with our suppliers and industry experts toward achieving our global vision,” a McDonalds India spokesperson said. Reigniting ITC Cigarettes, despite the stigma associated with them, still power ITC’s profits while its non-tobacco businesses have been a persistent drag on profits. Sanjiv Puri, tipped to take the helm at ITC early in 2017, will have to decide which is the way to go Amazon signs up Excel Entertainment to ensure enough takers for Prime service in India Farhan Akhtar and Ritesh Sidhwanis production house Excel Entertainment will create Amazons first show, Power Play Bata rejigs roadmap, mulls growth from existing stores The company’s key focus is to grow in double-digit and scale up margins going forward, said Rajiv Gopalakrishnan, Managing Director & President-South Asia, Bata India. Kishore Biyani's Future Enterprises plans to raise Rs 1250 crore GST will help India become a big unified market, says Kishore Biyani, CEO of Future Group, adding, the company will benefit the most. Bengal's Tantuja sarees now available on Amazon Starting with a nominal profit of Rs 25 lakh in 2013-14 after a gap of 40 years it went on to make an operational profit of Rs. 2.5 crore in 2014-15. RIL to create omnicommerce through integration of Jio infra, Reliance Retail RIL chairman Mukesh Ambani spoke about his retail business plans in the company's latest annual report Future Group eyes Rs 1000 crore sales during Independence Day sale Big Bazaar consumers will be able to enjoy a 15% cashback on making payments through Paytm as part of a strategic tie-up between the two companies. Logistics, retail and consumer goods will benefit most from GST :Kishore Biyani With the GST Bill being passed by Rajya Sabha on Wednesday India will soon turn into a single market helping businesses avoid costs that are crippling the eventual price point charged to the end customer. Big Bazaar merchandise to be available on Paytm Paytm, a mobile payment and commerce platform, has entered into a strategic tie-up with Future Group. The partnership will enable users to shop for Big Bazaar merchandise on Paytm and get them delivered. Amazon, Alibaba face jobs as Indian tax collectors Currently, e-tailers only pay a federal service tax. With GST, they will practically become government-appointed tax collectors. E-commerce in India: Here's a natural alliance against online fraud Mobile network operators and banks must tackle online fraud together through advanced, mobile-based authentication Sidharth Pansari: Eseller who struck gold with Amazon Meet Sidharth Pansari, whose three year-old Primarc Pecan Retail has already touched Rs100 crore in revenues, growing 100% year-on-year. As Phone Companies Pledge to Stop Robocallers, What's the Holdup? Only 10 percent of the prerecorded, auto-dialed calls are legal and wanted by the recipient, yet 2.4 billion robocalls are made each month. Russia — a wake-up call for India? The young athlete was taken aback by the question from the man on the staff of a prominent sports institution. “Do you have any problem in giving your urine sample for testing?” he said. “If you have, Alwar Police busts gang of mobile phone thieves Alwar Police busts gang of mobile phone thieves LG V20 will be the first Android Nougat phone in September The firm not only did reveal the name of the handset and the Android version it will be running on, but also confirmed that the handset will be launched as soon as next month. Social media like Anandiben's FB resignation, call it Digital India initiative Gujarat chief minister Anandiben Patel sprang a surprise on Friday by offering to resign from her post, saying the Bharatiya Janata Party (BJP) needed a fresh face in the state before elections next year. Here’s how social media reacted. India, Singapore Central Bankers Call for Global Safety Net Central bank chiefs from India and Singapore called for a strong safety net for countries to cope with financial crises. Lenovo Vibe K5 Note launched: Price, specifications and features The 3 GB model of Lenovo K5 Note is priced at Rs 11,999 while the 4 GB version will cost Rs 13,499.. Oracle India joins SBI to foster digital skills initiative Global software and Cloud major Oracle India on Monday announced a corporate citizenship collaboration with State Bank of India (SBI) and launched the.. SFLC.in's Comments on the TRAI Consultation Paper on Cloud Computing by sflc_admin    |    August 1, 2016On June 10, 2016, the Telecom Regulatory Authority of India(TRAI) floated a Consultation Paper on Cloud Computing and invited comments from the industry and other stakeholders on the following broad issues: regulatory framework for cloud computing; security over the cloud; cost-benefit analysis; quality of servic... Panasonic Eluga Arc 2 With 4G VoLTE Support Launched at Rs. 12290 Panasonic Eluga Arc 2 Smartphone: Panasonic a Japanese-based electronics and smartphone Company Has Launched a new flagship 4G smartphone under its Eluga-series in India. Lenovo India appoints Rajesh Thadani as new consumer business head In his new role in Lenovo India, Thadani will lead the growth strategy to further strengthen Lenovo’s growing consumer segment. Josh Groban, Kat Dennings call it quits? 2 Broke Girls star and singer call it quits, but remain close friends Preacher: "Call and Response" Review SPOILER ALERT: This story contains details about tonight’s Preacher Season 1 finale and some details about Season 2. In , “Call and Response,” tonight’s Preacher season finale on AMC, Jesse C… 9 mobile phones, chargers recovered from Orai jail Nine mobile phones, 13 chargers and a few batteries were recovered from the inmates of Orai district jail during a raid on Saturday night. Samsung Galaxy Note 7 press renders leaked ahead of August 2 launch Samsung Galaxy Note 7 press renders have been leaked online ahead of the official August 2 launch. Lenovo Vibe K5 Note India launch today: Here's all you need to know Lenovo Vibe K5 Note will feature secure zone allowing users to keep two accounts active on a single device Haryana crime branch tapped phones unlawfully, violated privacy in 2014 It was an issue which had the potential of opening the Pandora’s box, given the unabashed misuse security and intelligence agencies make of their phone tapping powers. But it was given a quiet burial. Morning News Call To access the newsletter, click on the link: here Two arrested for robbing duo of cash, mobile phone Osmania University (OU) police arrested two robbers and apprehended two of their juvenile associates for robbing two persons of their valuables near the university campus on Saturday. Telcos seek uniform GST rate across India, cap at 15 per cent A higher GST rate, they said, would drive up cost of provisioning services, and in turn, hurt both prepaid and postpaid consumers by way of higher phone bills. Modi's call to celebrate festival of freedom  Prime Minister Narendra Modi today asked people to send him ideas for his upcoming Independence Day speech. 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