Dec 19, 2016 - Boosting economy on top of govt's mind after demonetisation: FM

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Sree Vijaykumar From the Editor's Desk So, when Elon Musk gets frustrated by traffic, he decides to build tunnels. "Am going to build a tunnel boring machine and just start digging.." he wrote cryptically Saturday morning. To prove just how serious he really is about his new business venture, Musk even edited his Twitter bio, which now reads, "Tesla, SpaceX, Tunnels (yes, tunnels) & OpenAI." More here. Advertisers of the day The Economist: Subscribe now and get a Hidesign passport wallet free Ingram Micro Cloud: Streamline your creative process and secure your digital assets with Dropbox Business   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). Boosting economy on top of govt's mind after demonetisation: FM Mumbai: As the government prepares to draw up the budget for FY18, a top priority is to provide a booster to the economy using long-term resources generated after demonetisation. 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. The Real Deal with Email and What TradeBriefs does right So, here US Fed rate hike: Indian start-ups will still find enough capital US Federal Reserve interest rate hike is unlikely to affect venture capital investments in India just yet Hunt for new NSE CEO to begin this week NSE has hired global executive search firm Egon Zehnder to scout for the new NSE CEO and managing director Tata trustees had a role in Welspun deal structuring, emails show The office of Tata Trusts trustee Noshir Soonawala exchanged multiple emails with Cyrus Mistry on Tata Power’s Welspun deal Push for cashless: Charge levy on big-ticket cash transactions, says Arundhati Bhattacharya Infrastructure to handle cash a huge burden: Arundhati Bhattacharya Payments firm Payworld India scouts for a strategic partner Payworld India, which lost out on a payments bank licence in 2015, is expected to raise $100 mn from the deal Kedaara Capital invests Rs430 crore in Hyderabad's Vijaya Diagnostic Kedaara has acquired a ‘significant minority stake’ in Vijaya Diagnostic through both a primary and secondary share sale 4 Tata firms to vote on Cyrus Mistry’s removal as director this week All eyes will be on the outcome of voting by shareholders of Indian Hotels Co. Ltd, Tata Steel, Tata Motors and Tata Chemicals at their meetings to be held on 20-23 December Being the other half of an entrepreneur Entrepreneurial ambitions can ruin relationships because one person—and their aspirations—get a lion’s share of the family’s attention, nurturing and mindspace OVL raises $1 billion debt to fund Vankor acquisition The proceeds of the issue would go to refinance a USD 1.2b bridge loan the firm had taken from a foreign banks to make payments for the USD 1.268b acquisition. Fresh merger structure to IRDA by Max Life-HDFC Life Naina Lal Kidwai confident that mega insurance deal will be completed in a year. Amazon's next big play may be freight logistics Amazon.com Inc. may be developing mobile technology so it can schedule and track truck shipments of its products with a few taps or clicks Demonetisation helps Biyani's app cross 1-mn mark Future Pay accounts for 1% of Big Bazaar's weekly sales, while Paytm accounts for 0.65% Why Facebook, Amazon, Microsoft, and Google all desperately need you to know that the robots are coming There are practical reasons why Facebook, Microsoft, and Google are so insistent that AI is the future. Telenor to expand its narrowband-LTE services in ten new towns: Tanveer Mohammad Telenor India is planning to expand its narrowband-LTE services in ten new towns from existing 27 towns across its six operational circles, the compan.. Samsung may get phone batteries from LG Chem: Report Chosun Ilbo quoted an industry official as saying that there was more than a 90 per cent chance of a deal being struck and said that Samsung Electronics would likely begin procuring LG Chem batteries from the second half of next year. Why Chinese phone makers find India a good call Back in September when Huawei announced plans to manufacture 3 million smartphones a year at a plant in India, it sparked fears in the Chinese media that a new phase of competition between India and… Kalamba prisoner arrested for using mobile in cell The Juna Rajwada police on Saturday arrested a Kalamba jail inmate for allegedly using a mobile phone in the prison premises last month. Both Juna Rajwada police and the Kalamba jail authorities are investigating the matter independently. Teen leaves home with new phone, goes missing NAVI MUMBAI: Two days after a minor boy who was commuting by train went missing, his family members said they fear that he could have been targeted by robbers. Soon, rail ticket booking facility on non-smartphones Railway Minister Suresh Prabhu said his ministry’s focus remained on promoting ‘Digital India’ campaign by introducing Wi-Fi services at many railway stations. Nokia now top 4G LTE vendor of India, claimes country head Sanjay Malik Nokia claimed to have bagged 120 deals in this calendar year, which is almost double compared to that last year. India to start screening imported telecom gear from April 2017 The governments immediate objective is to also ensure that local screening does not create supply-chain bottlenecks. BSNL to offer unlimited voice calls to all networks? BSNL to offer unlimited voice calls to all networks? - BSNL CMD Anupam Shrivastava said, "We have plans to introduce an unlimited local and national voice call plan to any network with a bit of free data for Rs 149 or less than it for our cell phone subscribers from next month." MobME eyes overseas expansion MobME Wireless, India’s first telecom campus start-up, completes a decade of its launc PCS officers' body calls off its proposed strike The PCS Officers Association, which had given a call to shun work on Monday, called off its strike following discussions with Kishan Singh Atoria, Principal Secretary Appointments, and assurances given by the state government. Delhi: Gang of cheats running fake call center busted NEW DELHI: Crime branch on Sunday arrested the alleged kingpin of a fake call centre racket. Tension grips Manipur: Mobile internet services shut, few areas under curfew After three blasts on Friday, the state cabinet has decided to shut down internet service in Imphal West district with immediate effect. itel Mobile marks quadruple quarterly growth in mobile shipments in Q3 2016: IDC The latest industry report by IDC has highlighted itel's growing stature in the Indian mobility industry OnePlus 3 at Rs 18999 on Flipkart is now 'Out of Stock'   Reliance Jio 4G Effect: Airtel, BSNL, Idea offers unlimited calls and free data packs at low prices Airtel and Idea introduces unlimited calls to any network in India plus 1 GB of 4G data on subscribing to Rs 345 pack. BSNL customers can get talktime of Rs 900 and 30o MB free data at a recharge or Rs 786. Acer India puts mobile business on hold as competition intensifies The company sells its smartphones through e-commerce sites like Flipkart and Amazon Phones as wallets: Three reasons why Modi's cashless drive will not ... Indians simply do not have (a) enough cellphones, (b) enough cellphones connected to the internet, (c) enough internet. Tech: 10 smartphones that dominated Google Search in India this year Among the most search mobile phones, there was a new name this year. Freedom 251, the Rs 251 phone, that was announced earlier this year clearly dominated the search results. It even beat the likes of Apple's iPhone 7 which came in at second spot and Samsung which was at no.5 spot. Here is the complete list of the top trending mobile devices in 2016. Samsung could bring it's mobile payment system 'Samsung Pay' to ... Use of digital wallets has reportedly increased in India after the government demonetised Rs 500 and Rs 1,000 notes. View: Demonetisation and digital transactions will never stop corruption in India. Here's why If the government wants to promote digital transactions it should simply implement its Digital India programme, which has not progressed much. Telecom Is The Contrarian Opportunity, Says Top Fund Manager S Naren of ICICI AMC says “invest with 2018 in mind”. Global Consumer Products to tap household insecticide segment Introduces fan-based technology in repellents Nilgai Foods eyes institutional segment to drive sales Nilgai Foods eyes institutional segment to drive sales 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