May 18, 2017 - JSW Steel expects pickup in demand, charts expansion

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Sree Vijaykumar From the Editor's Desk If you need help deciding a career, Bill Gates has some advice for you. "AI, energy, and biosciences are promising fields where you can make a huge impact. It's what I would do if starting out today.", he says. Also, for college grads and recent graduates, he has a book recommendation - "the most inspiring book I have read - The Better Angels of Our Nature by Steven Pinker". Some reviewers have criticized the book as reductive, and say it glosses over whole swaths of human history. All the same, the book is Gates's way of telling young people that things can get better for humanity - a foundational belief of his philanthropic work - and encouraging them to work toward that improvement. More here Advertisers of the day TradeBriefs: World of Hyatt - A new loyalty program for you Shriram Properties: Shriram Properties presents premium apartments in the heart of Ecity Phase 1- Shriram Summitt  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). JSW Steel expects pickup in demand, charts expansion JSW Steels profits more than tripled and revenues rose 53 per cent. 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. Sebi seeks details of Idea-Voda merger plan Rules have now changed on mergers and amalgamation, where it has to be first vetted by Sebi. Oil prices dip as supplies remain ample despite production cuts Brent crude futures were down 21 cents, or 0.4 per cent today. Kotak Mahindra Bank lowers time for trade finance Kotak Mahindra Bank on Tuesday said its blockchain solution has cut trade financing time to a couple of hours from over 30 days. Ola sharpens focus on small towns with new lightweight mobile website Ola has launched a lightweight mobile website to help reach small towns and cities, and target consumers with low-end smartphones IL FS looking to refinance debt worth Rs15,000 crore through fundraising A large chunk of the IL&FS debt refinancing will involve raising funds from overseas banks, financial institutions and alternative routes such as masala bonds, loans Lighthouse Funds invests Rs51 crore in Stylam Industries The funding from Lighthouse Funds comes at a time when Stylam Industries is in the process of commissioning a new manufacturing plant to double its production capacity Honeywell launches $100 million venture fund HONEYWELL INTL-VENTURE FUND/:Honeywell launches $100 million venture fund Warburg Pincus sells $275 mn stake in Capital First After the deal, Warburg Pincus' stake will come down to 36 percent, Capital First said in a separate statement. Local and foreign investors bought the stake sold by the Warburg affiliate. Despite RBI warning, 2,500 Indians investing in Bitcoins daily. Here is all you should know about its usage dangers ​In recent cyber attacks, "ransomware'' hackers held victims hostage by encrypting their data and demanding them to send bitcoins to regain access to their computers. Ambit Capital ramps up its structured finance biz, hires top executives Vikrant Narang joins Ambit Capital from KKRs NBFC business, where he led several transactions over the past four years. Govt approves new coal linkage policy, pushes nuclear power plants The new coal linkage policy and push for nuclear power furthers the Narendra Modi govt’ commitment on good governance and move away from fossil fuels Kotak sees a blockchain banking consortium in future The latest blockchain trade finance trial in India showcases how the use case is now gaining global interest among enterprises. What are India’s three biggest equity mutual funds planning? We look at the three largest equity funds, how their fund managers invested so far and how are they geared for the next 3 years Paytm to become payments bank: Know what will happen to your money As per RBI's guidelines, company will transfer its wallet business to payments bank entity under a payments bank licence awarded to Vijay Shekhar Sharma. L T Tech plans to hire 2,500 this year amid layoffs at larger rivals L&T Technology Services plans to hire 2,500 Indians across verticals in FY18 even as larger outsourcing peers Infosys, Wipro and Cognizant go for layoffs Non-bank finance firms cash in on Indian lenders' bad loan pain INDIA-ECONOMY-CREDIT-INCRED:Non-bank finance firms cash in on Indian lenders' bad loan pain India-made iPhones likely to be available from next week Local manufacturing in Bengaluru is expected to help Apple price its phones more competitively in India as it currently attracts additional duty on imports. Esprit may soon open retail stores in India Myntra already sells Esprit products online through an exclusive deal signed with the fashion brand late last year. Flipkart Big 10 sale: Demand for TVs, air conditioners witnessed heavy demand, says e-retailer The firm is now operating 73 hubs in 65 cities, and can reach over 9,000 pin codes, across the nation. This allows the firm to reach out to almost 10,000 pincodes across the country. Now, get Xiaomi phones offline as 'Mi Home' stores expand to 4 more cities Xiaomi unveiled its first 'Mi Home' in Bengaluru and will soon expand to 4 other cities in India JV with Khimji Group is beginning of our global journey: Kishore Biyani, CEO, Future Group Future Group has got into a joint venture with Khimji Ramdas to begin its fashion foray. Tax bonanza turning city at 'zero mile' into India's warehouse India is on the cusp of a sweeping tax overhaul that could turn the city of 2.4 million people into one of the nations biggest logistics hubs. Lower GST rate for insurance, telecom likely The Centre and states are working to ensure there is a lower GST burden on telecom and financial services, a move that will keep a check on insurance and phone bills, even as states pitch for concessions for products such as ‘puja samagri’ and textiles. Telecom lobbies team up to seek reservation of airwaves for 5G In separate letters, COAI, GSMA and BIF will apprise the inter-ministerial group on the “importance of earmarking super-efficient sub-1GHz spectrum for 5G services. Inter-ministerial Panel to Suggest Policy Reform in Telecom Sector After almost two months of the announcement of Airtel-Tikona merger, Reliance Jio has come up with serious objections to this merger, citing huge financial losses to the Govt. Plintron receives India's first National Unified Licence for MVNOs Keep up-to-date with mobile and telecom networking in emerging markets worldwide. Developing Telecoms has the latest news, case studies, white papers and more. Panel to examine financial stress in telecom sector Bharti Airtel's Rs 899 plan in Delhi - which offered 30 GB of high speed data earlier - now offers 60 GB data, the company said a press release. Mobile phone penetration in India set to rise to 85-90% by 2020: report Only half of the smartphone owners in India are going to subscribe to network data service by 2020, says a report issued by Omidyar Network TRAI mulls consultation to boost telecom gear manufacturing The ICA has maintained that inadequate infrastructure, and not device quality, was responsible for the call drop and network throughputs. No report yet of 'WannaCry' hit on Indian network: CERT-In India's cyber security unit CERT-In today said it has not received any formal report of cyber attack on India's vital networks by the crippling global ransomware, 'WannaCry'. Dabur India acquires two South African based personal care product cos Dabur India Limited, on Wednesday's post market hours, announced that it has acquired South-African based, D&A Cosmetics Proprietary Limited and Atlanta Body and Health Products Proprietary Limited. Rural consumers are not urban's poorer cousins Rural consumer is more empowered than you thought and has more money than you thought Multiple margin levers ahead for Hindustan Unilever Improvement in operating profit margin was the surprise element in Hindustan Unilever's (HUL's) March quarter (Q4) results. Most analysts had muted expectations, given the rise in prices of key inputs such as palm fatty acids and elevated Civil society groups threaten nationwide stir if govt approves GM mustard Civil society groups urged environment minister Anil Madhav Dave to reject the GM mustard commercialization application Coffee Board to promote coffee among Defence forces The board will also actively pursue efforts to boost consumption in the non-traditional regions in north India, particularly those having long winter seasons. India's Hindustan Unilever profit up 6.2 pct, beats estimates Hindustan Unilever Ltd, maker ofproducts ranging from Lakmé cosmetics to BRU coffee, reported a6.2 percent rise in quarterly profit, helped by strong sales ofits Pears and Dove products. Yakult Danone India launches its health drink in Goa Yakult was launched in India in 2008 and has operations in Delhi NCR, Mumbai, Pune, Ahmedabad, Bangalore, Hyderabad, Kolkata, Lucknow, Jaipur, Chandigarh and Punjab. Future Group joins Khimji Ramdas LLC Future Group on Tuesday said it has joined hands with Oman business conglomerate Khimji Ramdas LLC (KR) as part of a broader plan of expanding its foo.. How Colas lost their mojo: Amid downturn, Coca-Cola, Pepsi face challenge from local companies Ramdev's Dant Kanti bites into MNCs but makes Dabur shine In fiscal year 2017, Dabur's flagship brand 'Dabur Red Paste', with a volume share of 8.5%, has emerged as the No. 3 toothpaste brand. Dairies, aerated drink companies eye high-margin milk-based beverages Amul and Parag Milk Foods are among the frontrunners in launching nutritional and fruit-based milk beverages, an area where global aerated drink giants PepsiCo and CocaCola also made their entry. With 99% products on sale, Flipkart Fashion earns 5x sales during Big 10 Sale Moreover, to make the sale event unforgettable, the ecommerce company has picked up 40 % special merchandise units developed by brands across men’s .. 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. 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