Monday, 21 August 2017

Narayana Murthy never doubted Vishal Sikka's performance: V Balakrishnan, former CFO, Infosys


In a chat with ET Now, V Balakrishnan, Former CFO, Infosys, talks about the turbulence in the IT bellwether. Edited excerpts: ET Now: There is news that the founders will participate in the buyback?

You can read more here: Narayana Murthy never doubted Vishal Sikka's performance: V Balakrishnan, former CFO, Infosys

Uber gets new Chief People Officer for India, South Asia


NEW DELHI: Uber, has appointed Vishpala Reddy as the Chief People Officer for India and South Asia. Prior to joining Uber, Reddy was vice president and the HR head for American Express in India. During her 12-year stint with American Express, she held diverse roles in HR.

You can read more here: Uber gets new Chief People Officer for India, South Asia

We are upbeat on these 2 themes: Lalit Nambiar, UTI Mutual Fund


It has been all about Infosys ever since Friday when the news came about that Vishal Sikka has called it quits.

You can read more here: We are upbeat on these 2 themes: Lalit Nambiar, UTI Mutual Fund

Tech feasibility issues hurt Volkswagen alliance plan: Guenter Butschek, Tata Motors


In a chat with ET Now, Guenter Butschek, CEO & MD, Tata Motors, talks about his company. Edited excerpts: ET Now: With the Volkswagen deal falling through, it must be a big setback at least in terms of pruning your cost structure.

You can read more here: Tech feasibility issues hurt Volkswagen alliance plan: Guenter Butschek, Tata Motors

Betting on 2 stocks for wealth creation: Gaurang Shah, Geojit Financial Services


Talking to ET Now, Gaurang Shah , Head Investment Strategist, Geojit Financial Services Ltd , says bullish on TCI and RBL Bank for making money. What is the first idea that you have for us?

You can read more here: Betting on 2 stocks for wealth creation: Gaurang Shah, Geojit Financial Services

Ryobi Garage Camera Review


Ryobi is a power tool manufacturer brand that is sold exclusively through The Home Depot. Their target market is the homeowner.  As far as I am concerned, Ryobi is the only brand that I feel a homeowner should invest in.

You can read more here: Ryobi Garage Camera Review

Flipkart's products now available to global customers


BENGALURU: Products on Flipkart will now be available to online shoppers in nearly 200 countries through the Indian ecommerce company's partnership with eBay. Flipkart has launched a global programme to allow its sellers to sell to customers globally in partnership with eBay.

You can read more here: Flipkart's products now available to global customers

Essar-Rosneft deal is a major milestone in oil and gas industry: RS Sharma, Former CMD, ONGC


In a chat with ET Now, RS Sharma, Former CMD, ONGC, talks about the Essar-Rosneft deal. Edited excerpts: ET Now: Rosneft has finally checked into Essar Oil. The deal has been complete and Rosneft will now be owning about 98% in Essar Oil. Your initial thoughts on this deal completion.

You can read more here: Essar-Rosneft deal is a major milestone in oil and gas industry: RS Sharma, Former CMD, ONGC

Big thrust on better quality FMCG cos: S Krishna Kumar, Sundaram MF


Talking to ET Now, S Krishna Kumar, Sundaram MF , says the kicker would come in the next 12-18 months in the FMCG space that is what the market is betting on. Everything in the market is priced to perfection.

You can read more here: Big thrust on better quality FMCG cos: S Krishna Kumar, Sundaram MF

Expect consumers to get used to fewer liquor outlets: Shekhar Ramamurthy, United Breweries


In a chat with ET Now, Shekhar Ramamurthy, MD, United Breweries, talks about his company's Q1 numbers. Edited excerpts: ET Now: The quarter gone by was in a sense an extraordinary quarter for you.

You can read more here: Expect consumers to get used to fewer liquor outlets: Shekhar Ramamurthy, United Breweries

Sikka's exit from Infosys unfortunate but not unexpected: Experts


A day after the dramatic departure of technocrat Vishal Sikka as Chief Executive of Infosys, industry experts on Saturday said while his exit was unfortunate, it was not unexpected as he became an unintended victim of the boardroom battles with the co-founders.

GST to enable brand licensing industry to grow in India


The implementation of GST will enable brand licensing industry to grow in India and also allow retail industry to start respecting intellectual property rights, an official said on Sunday.

Uber hikes Hong Kong fees amid legal troubles


HONG KONG: Uber Technologies Inc on Monday hiked its Hong Kong fees by up to 80 percent after a review of its business there, the embattled ridesharing company said, adding it was not having issues financing its operations in the Asian financial hub.

You can read more here: Uber hikes Hong Kong fees amid legal troubles

Corporate profits downslide continues in Q1 of 2017-18 due to GST


Another quarterly results season has ended with lacklustre numbers from India Inc. The aggregate net profit of 2,418 companies fell 8.63% in the first quarter of 2017-18, compared to the same period last year.

You can read more here: Corporate profits downslide continues in Q1 of 2017-18 due to GST

Infosys is a complete avoid except for traders: Kunj Bansal, Centrum Wealth


A few sectors which are at the high are supporting the market and a few sectors despite market being high, are at significantly lower levels. That is where a lot of investment opportunities are coming in because one is not clear whether the market will continue to go up. At least I am not clear.

You can read more here: Infosys is a complete avoid except for traders: Kunj Bansal, Centrum Wealth

Sunday, 20 August 2017

Share corporate and common brand values with Mars Food: Ashok Vasudevan, Tasty Bite


In a chat with ET Now, Ashok Vasudevan, Chairman & CEO, Tasty Bite, talks about his company's plans after the Mars- Preferred Brands deal. Edited excerpts: ET Now: What prompted this ownership rejig and what was the initial trigger?

You can read more here: Share corporate and common brand values with Mars Food: Ashok Vasudevan, Tasty Bite

Expect margins to be back on track from Q2 onwards: Achal Bakeri


In a chat with ET Now, Achal Bakeri, promoter, Symphony, talks about GST's impact on his company's Q1 numbers. Edited excerpts: ET Now: Has GST hurt your Q1 numbers?

You can read more here: Expect margins to be back on track from Q2 onwards: Achal Bakeri

I am a great believer in India’s future: Howard Marks, Oaktree Capital Management


Talking to ET Now, Howard Marks, Co-Chairman, Oaktree Capital Management, says Iif you are buying a great thing at a modest price, it is wonderful. If you are buying a great thing at a eye-popping price, it may be a mistake.

You can read more here: I am a great believer in India’s future: Howard Marks, Oaktree Capital Management

Betting on these 3 spaces right now: Harendra Kumar, Elara Capital


Talking to ET Now, Harendra Kumar , MD-Institutional Equities, Elara Capital , says likes Vedanta in metals, the aviation pack as well as the gas and oil stocks like GAIL, Gujarat Petronet, or Gujarat Gas. What is your take on Infosys buyback? Will that act as a back support for the market?

You can read more here: Betting on these 3 spaces right now: Harendra Kumar, Elara Capital

Need instant personal loan? CASHe will scan your Facebook friends' list to decide if you are worthy


Name of the Company: CASHe Launch date: April 2016 Founding team: V Raman Kumar Location: Mumbai Funding Raised in 2017: $3.

You can read more here: Need instant personal loan? CASHe will scan your Facebook friends' list to decide if you are worthy

Aadhaar a big boost for financial services firms: Capital First


The Narendra Modi-led government is having substantial impact on startups, particularly with Aadhaar boosting growth for financial services companies, Capital First chairman V Vaidyanathan said in closing remarks at The Economic Times Startup Awards on Friday.

You can read more here: Aadhaar a big boost for financial services firms: Capital First

With Vishal Sikka's exit, all eyes on Infosys' Narayana Murthy at ET Startup Awards


BENGALURU: All eyes were on India's most-storied tech entrepreneur, Infosys co-founder NR Narayana Murthy, at The Economic Times Startup Awards. The day had been rocky with Infosys' first external chief executive, Vishal Sikka, quitting amid unceasing tensions with the `promoter' camp.

You can read more here: With Vishal Sikka's exit, all eyes on Infosys' Narayana Murthy at ET Startup Awards

Startups should adopt 10-20 villages for digital innovation: Ravi Shankar Prasad


Digital India is designed to bridge the digital divide between the digital haves and the have nots. Therefore, the govt always says that digital inclusion is very important.

You can read more here: Startups should adopt 10-20 villages for digital innovation: Ravi Shankar Prasad

ET Startup Awards: 'India to be digitally-rich before being economically wealthy'


As India's startup sector pads up for its next phase of growth, some of the country's top entrepreneurs and investors took the dais at The Economic Times Startup Awards to discuss a burning issue -`Growing Pains: Managing Culture, Scale and Returns.

You can read more here: ET Startup Awards: 'India to be digitally-rich before being economically wealthy'

It's prudent to book some profits: Krishna Memani, Oppenheimer Funds


Indian markets could see a bigger correction than other markets in case flows into emerging markets suffer due to lack of earnings growth support, said Krishna Memani, chief investment officer at OppenheimerFunds .

You can read more here: It's prudent to book some profits: Krishna Memani, Oppenheimer Funds

Country's top entrepreneurs praise government's steps to boost startup activity


BENGALURU: Values and perseverance, ambition and vision are attributes that entrepreneurs must possess in plenty, according to a galaxy of stalwarts who gathered to celebrate the spirit of enterprise at India's de facto startup summit in Bengaluru on Friday.

You can read more here: Country's top entrepreneurs praise government's steps to boost startup activity

Coal India seeks to limit wage outgo


KOLKATA: The Coal India is targeting to limit its financial outgo in the latest wage negotiations -- National Coal Wage Agreement X -- which led to inconclusive outcome at the three-day-long intense marathon meeting.

You can read more here: Coal India seeks to limit wage outgo

For this startup, GST is good business


Name of the Company: GSTSTAR Launch date: January 2016 Founding team: Shailesh Kumar Agrawal, Balaji GS Rao, Badrinarayan Sahoo and Chaithanya Mohana Anisetti Location: Bengaluru Funding raised in 2017: $1 million Overall funding raised since starting up: $1 million Strength of the company: 70

You can read more here: For this startup, GST is good business

Finished steel export surges 64 pc in Jul, import too picks up


NEW DELHI: Finished steel export jumped by 64.2 per cent to 0.770 million tonne (mt) in July compared to 0.469 mt in the same month last year, says a report. Import of finished steel also shot up by 42.2 per cent at 0.798 mt in July this year compared to 0.

You can read more here: Finished steel export surges 64 pc in Jul, import too picks up

Saturday, 19 August 2017

5 things founders should know about investors


MUMBAI: There is always a gap between what an investor thinks is fair — whether the terms of funding or valuation — and what a founder thinks he ought to get. Founders, especially first time entrepreneurs, can find negotiations with angel investors and early stage ventures challenging.

You can read more here: 5 things founders should know about investors

'We have no fancy titles like CEO or MD': Baskar Subramanian, co-founder, Amagi Media Labs


CHENNAI: Baskar Subramanian, K A Srinivasan and Srividhya Srinivasan worked together for three years at Texas Instruments soon after graduating in computer science.

You can read more here: 'We have no fancy titles like CEO or MD': Baskar Subramanian, co-founder, Amagi Media Labs

​L&T Chairman Anil Manibhai Naik: 75, not out


Anil Manibhai Naik, chairman of Larsen & Toubro, walks in for lunch and looks at his watch. It is 1.33 pm, and his next meeting is at 1.38 pm. “I will have to finish in 10 minutes,” he says, sitting down at the table nearest to the vegetarian spread laid out in a buffet.

You can read more here: ​L&T Chairman Anil Manibhai Naik: 75, not out

From Flipkart vs Amazon to MakeMyTrip vs Yatra, two-horse races in the online world


Nearly 16 hours or 740 km north of Delhi is the cold desert mountain valley of Spiti, nestled among the Trans-Himalayas. It is often cut off from the mainland by snow drifts from early October every year.

You can read more here: From Flipkart vs Amazon to MakeMyTrip vs Yatra, two-horse races in the online world

Government extends last date for filing and payment of GST by 5 days


NEW DELHI: The government has extended the last date for payment of Goods and Services Tax and filing of the simplified return — Form 3B for the month of July to August 25 as technical glitch hit the GSTN portal making filing difficult on the last day.

You can read more here: Government extends last date for filing and payment of GST by 5 days

Confusion among traders as GST filing site stops functioning


NEW DELHI: Traders across the country faced problems on Saturday as the Goods and Services Tax (GST) filing website stopped functioning for some time, a day ahead of the last date for filing GST returns. "The GST site has been working intermittently since 12 noon.

You can read more here: Confusion among traders as GST filing site stops functioning

Kunal Bothra's 2 trading picks for Monday


Talking to ET Now, Kunal Bothra, Independent Market Analyst, says bullish on Bharat Finance and SAIL for Monday trading. ET Now: It has been a choppy volatile ride. We have had patches of consolidation. Markets have reacted to global weakness as well in the week gone by.

You can read more here: Kunal Bothra's 2 trading picks for Monday

We have moved Infosys from our top pick to number four: Ravi Menon, Elara Capital


Talking to ET Now, Ravi Menon, Elara Capital, says he is looking at Sikka's exit as being disastrous for Infosys and thinks he had done a fantastic job. With him, Infosys has lost a product visionary.

You can read more here: We have moved Infosys from our top pick to number four: Ravi Menon, Elara Capital

Infosys buyback offer not exciting enough to change market sentiment: Deven Choksey


Talking to ET Now, Deven Choksey, MD, KR Choksey Investment Managers, says the Infosys stock price is likely to stay in range and investors will wait for a board restructuring or the selection of a proven CEO.

You can read more here: Infosys buyback offer not exciting enough to change market sentiment: Deven Choksey

Lack of corporate governance is sure path to destruction for cos: NR Narayana Murthy


Talking to ET Now at the sidelines of the ET Startup Awards, NR Narayana Murthy, Co-Founder, Infosys, says that if we lose transparency, if we lose fairness, if we lose accountability, that is the absolutely sure path to quick destruction.

You can read more here: Lack of corporate governance is sure path to destruction for cos: NR Narayana Murthy

Can Complan com-back?


In the nicest sense of the term, Vikramjeet Singh, CMO, KraftHeinz is a marketing nerd.

You can read more here: Can Complan com-back?

'I'll be replaced as the face of Trivago if the ads don't work'


People generally put a face to a name. On March 22, 2017, Brand Equity put a name to a face, and gave direction to a lot of people’s angst. This was the face of Trivago India’s TV commercials. The face that has received more brickbats than Ram Gopal Varma Ki Aag can manage in six lifetimes.

You can read more here: 'I'll be replaced as the face of Trivago if the ads don't work'

Catch the rabbit: Prepare your business for AI


Isaac Asimov, the founding father of literature on artificial intelligence and robotics, one of my favourite authors said, "The first step in making rabbit stew is catching the rabbit". You may go on and ask what is the connection between rabbit and AI.

You can read more here: Catch the rabbit: Prepare your business for AI



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Buyback to give opportunity to exit Infosys stocks: Dipan Mehta, BSE & NSE


Talking to ET Now, Dipan Mehta, Member, BSE & NSE, says latest developments have made Infosys that much more unattractive compared to other IT companies. ET Now: As a market expert, what do you make of the latest saga at Infosys. What does it mean for people who hold shares in Infosys today?

You can read more here: Buyback to give opportunity to exit Infosys stocks: Dipan Mehta, BSE & NSE

Friday, 18 August 2017

Government to give preference to startup products


NEW DELHI: Addressing one of the key demands of the startup industry, the government will alter its policies to give preference to startup products which will not only help them participate in critical projects but also help government get access to innovative solutions, said minister for electronic

You can read more here: Government to give preference to startup products

Bugworks Research wins Top Innovator at ET Startup Awards 2017


BENGALURU: Anand Anandkumar, CEO of Bugworks Research, was thankful that The Economic Times has given a platform for scientific innovation.

You can read more here: Bugworks Research wins Top Innovator at ET Startup Awards 2017

Midas Touch Award for Best Investor: SAIF Partner's Ravi Adusumalli


BENGALURU: For Ravi Adusumalli, Managing Partner of SAIF Partners, being awarded the Midas Touch Award for Best Investor at The Economic Times Startup Awards 2017, was probably delayed recognition of an investor the public barely knows about.

You can read more here: Midas Touch Award for Best Investor: SAIF Partner's Ravi Adusumalli

Swiggy wins Startup of the Year at ET Startup Awards 2017


BENGALURU: India’s food-tech industry has been going downhill largely because of weak business models and shoddy execution in catering to hungry customers. At least one company, though, has been able to swim against the tide with foresight, grit and tremendous business smarts.

You can read more here: Swiggy wins Startup of the Year at ET Startup Awards 2017

Comeback Kid Award: For the founders of Nestaway, it's about trying and retrying


BENGALURU: The young team at NestAway has seen it all - the fire of being an entrepreneur, the highs and the lows.

You can read more here: Comeback Kid Award: For the founders of Nestaway, it's about trying and retrying

Pandorum: First in India to design and 3D-print human liver tissues


Arun Chandru, cofounder of Pandorum Technologies, was thankful to the growing biotech ecosystem, as he received the Top Innovator Award on behalf of his team. Pandorum is one of the two winners of the Top Innovator Award. "We are thrilled and honored to be awarded by this eminent ET jury.

You can read more here: Pandorum: First in India to design and 3D-print human liver tissues

Encouraging signs of more domestic capital in the startup ecosystem: Nandan Nilekani


BENGALURU: At a time when foreign capital primarily continues to fund India’s startup ecosystem, Nandan Nilekani, former chief executive of Infosys Technologies, pointed out that there were signs that domestic investors were beginning to weigh in as well.

You can read more here: Encouraging signs of more domestic capital in the startup ecosystem: Nandan Nilekani

Nykaa is based on a great customer connect, a prudent business model


For Falguni Nayar, the switch from the rarified world of investment banking to the finicky world of online beauty retailing has been rather smooth. At the ET Startup Awards 2017, Nayar, CEO of Nykaa, was announced the winner in the 'ET Facebook Woman Ahead' category.

You can read more here: Nykaa is based on a great customer connect, a prudent business model

Aibono wins Social Enterprise Award at the ET Startup Awards 2017


BENGALURU: Aibono, founded by Vivek Rajkumar, a 30-year-old engineer from IIT Madras won the social enterprise award at The Economic Times Startup Awards. The agri-tech startup shares farm-related intelligence, technology, expertise and gadgets with farmers to help them improve yields.

You can read more here: Aibono wins Social Enterprise Award at the ET Startup Awards 2017

We started with the vision to make energy sector safe and efficient: Detect Technologies CEO Daniel David


BENGALURU: Detect Technologies, one among the several startups from the incubation cell at IIT Madras, was chosen as the best startup to have emerged from a college campus for 2017.

You can read more here: We started with the vision to make energy sector safe and efficient: Detect Technologies CEO Daniel David

Carving Texture and Patterns into Bowls


In their drive for the perfect art form, bowl turners are constantly experimenting with shape. This can range from entirely functional to pure art that is not very usable at all. An artistic technique that I really like is carving designs into the outside or rim of a bowl.

You can read more here: Carving Texture and Patterns into Bowls

Never took pride in being bootstrapped: Wingify founder Paras Chopra


BENGALURU: Started in 2009 by Paras Chopra, the website optimization company is among a few product start-ups that have bootstrapped their way to success. The Delhi-based company makes technology products to determine and analyze traffic on a website, helping businesses make informed decisions.

You can read more here: Never took pride in being bootstrapped: Wingify founder Paras Chopra

Transparency is core to scaling up and culture: Narayana Murthy


BENGALURU: Businesses can have ups and downs but values and culture should not, said N.R. Narayana Murthy, co-founder of Infosys, whose board is in the midst of a corporate battle with the former chairman after Vishal Sikka resigned as chief executive on Friday.

You can read more here: Transparency is core to scaling up and culture: Narayana Murthy

Small scale dealers in Kerala organise to take on the might of biggies


KOCHI: To catch the attention of the consumers in the face of marketing blitz of big companies and to strengthen their monetary muscle, the small scale home appliances dealers in Kerala have formed an organisation.

You can read more here: Small scale dealers in Kerala organise to take on the might of biggies

Vishal Sikka's exit could impact Infosys business: Maulik Patel


In a chat with ET Now, Maulik Patel, Director, Equirus Capital said that there could be a disappointment in terms of Infosys buyback. The employees moral can probably be again little low and this could impact the business going forward. Edited excerpts:

You can read more here: Vishal Sikka's exit could impact Infosys business: Maulik Patel

It is a sordid saga at Infosys, board has not acted responsibly: Ajay Bagga


Talking to ET Now, Ajay Bagga , market expert, says it is the minority shareholders who have lost out the most in the whole saga.

You can read more here: It is a sordid saga at Infosys, board has not acted responsibly: Ajay Bagga

'Govt policies creating conducive milieu for startups'


NEW DELHI: India is set to become one of the most attractive destinations for startups and businesses in coming years, Union minister Jitendra Singh said.

You can read more here: 'Govt policies creating conducive milieu for startups'

It is a wait and watch mode on Infosys for now: Mayuresh Joshi, Angel Broking


Talking to ET Now, Mayuresh Joshi , Fund Manager, Angel Broking , says tomorrow’s meeting would also throw light in terms of the size of the buyback and the pricing of the buyback and all these factors might have say in terms of how the stock might behave from a short to medium term perspective.

You can read more here: It is a wait and watch mode on Infosys for now: Mayuresh Joshi, Angel Broking

Infosys uncertainty would hasten people’s perception: Ajay Garg


In a chat ET Now, Ajay Garg, Equirus Capital said the Infosys uncertainty would hasten people’s perception to that end. He also said that the buyback and the unprecedented level of cash being paid out by the IT companies are very less. Edited excerpts:

You can read more here: Infosys uncertainty would hasten people’s perception: Ajay Garg

Ryobi Cooling Cooler Review


Ryobi is an incredible power tool manufacturer.  They know their market (Homeowners) and create awesome products to support their customers.

You can read more here: Ryobi Cooling Cooler Review

There is going to be a turning time for Infosys after Vishal Sikka's exit: Harish HV


In a chat with ET Now Harish HV, Grant Thornton said that the it is sad that the board is going against the founders today. Questions on governance issues that the founders raised in the public domain were not fully answered. Edited excerpts:

You can read more here: There is going to be a turning time for Infosys after Vishal Sikka's exit: Harish HV

Infosys board has never reacted so strongly in the past: Deepak Shenoy, Capital Mind


Talking to ET Now, Deepak Shenoy, Capital Mind , says the board has come out saying strongly that just because promoters have a certain stake in the company, it does not mean they can derail the company by making all these allegations.

You can read more here: Infosys board has never reacted so strongly in the past: Deepak Shenoy, Capital Mind

Vishal Sikka’s resignation raises promoters vs professionals question: Nilesh Shah, Kotak AMC


When I was walking in the morning someone asked me for a tip and my first reaction was Tata SIP. I guess that is where we are headed.

You can read more here: Vishal Sikka’s resignation raises promoters vs professionals question: Nilesh Shah, Kotak AMC

An Infosys insider who has stakeholders’ trust will be suitable: Vikas Khemani, Edelweiss Securities


Talking to ET Now, Vikas Khemani, Edelweiss Securities, says an insider will be better placed to kind of lead a company through the turbulent times. How do you look at this entire saga and this final decision by Vishal Sikka to quit Infosys?

You can read more here: An Infosys insider who has stakeholders’ trust will be suitable: Vikas Khemani, Edelweiss Securities

Lot of public utterances by Infosys founders led to Vishal Sikka's exit: Harsh Goenka


"Vishal was realising that things were coming to an end because there have been a lot of public utterances by the founders on Vishal Sikka’s," Harsh Goenka said.

You can read more here: Lot of public utterances by Infosys founders led to Vishal Sikka's exit: Harsh Goenka

Thursday, 17 August 2017

Desi tech solutions thrive at Amazon


BENGALURU: Seattle-based etailing giant Amazon has invested heavily in technology platforms such as artificial intelligence, data analytics and machine language to increase customer footprint and reduce seller pain points, a senior executive told ET.

You can read more here: Desi tech solutions thrive at Amazon

On-demand payments provider Instamojo raises capital from Anypay, Kalaari Capital


MUMBAI: On-demand payments provider Instamojo has raised an undisclosed amount of capital from Japanese payments firm Anypay. The round also saw participation from existing investor Kalaari Capital. The pre-series B round marks Anypay's foray into the Indian internet landscape.

You can read more here: On-demand payments provider Instamojo raises capital from Anypay, Kalaari Capital

Freshworks launches its recruitment management software, Freshteam


BENGALURU: Cloud-based business software provider Freshworks has launched Freshteam, a recruitment management software that helps businesses organise their talent acquisition function, engage with candidates and better align the human resources function to business goals.

You can read more here: Freshworks launches its recruitment management software, Freshteam

We should separate Trump troubles from markets: V Anantha Nageswaran, Vansight


Talking to ET Now, V Anantha Nageswaran, Vansight , says the market has been overvalued by most parameters and it needs only a flimsy excuse to come down because there is not much room for error at these levels, that is the real issue.

You can read more here: We should separate Trump troubles from markets: V Anantha Nageswaran, Vansight

Sachin & I leaned on each other in moments of crisis: Binny Bansal, Group CEO, Flipkart


When we started Flipkart, the ecosystem didn't really exist. Sachin (Bansal) and I supported each other mostly. We called each other in times of crisis. We look at ideas from different perspectives.

You can read more here: Sachin & I leaned on each other in moments of crisis: Binny Bansal, Group CEO, Flipkart

US accelerator digs for gold in this land of tech & talent


David Cohen and David Brown, co-CEOs of Techstars, in an interview with ET ahead of the company's India launch spoke of their plans for startups in the country. Here are edited excerpts: Economic Times (ET): Why did you want to launch in India?

You can read more here: US accelerator digs for gold in this land of tech & talent

US-based startup accelerator Techstars enters into a JV with ANSR for India opearations


BENGALURU: US-based startup accelerator Techstars, which counts remote computing platform DigitalOcean and other startup successes among graduates, has launched operations in India. Techstars operates in several cities globally, including in New York City, London and Paris.

You can read more here: US-based startup accelerator Techstars enters into a JV with ANSR for India opearations

All roads lead to ET Startup Awards today; Ravi Shankar Prasad, Piyush Goyal, Siddaramaiah star attractions


BENGALURU: The best and the brightest of India’s startup ecosystem will congregate in the city this evening to celebrate the thriving spirit of entrepreneurship in the country at the third edition of The Economic Times Startup Awards.

You can read more here: All roads lead to ET Startup Awards today; Ravi Shankar Prasad, Piyush Goyal, Siddaramaiah star attractions

Prime Minister to meet fintech entrepreneurs to discuss reforms on August 21 & 22


MUMBAI: After chief executives of startups, it's the turn for the disruptors in the financial services space to meet Prime Minister Narendra Modi for an exchange of ideas and discussions around innovation in this sector.

You can read more here: Prime Minister to meet fintech entrepreneurs to discuss reforms on August 21 & 22

DTE Energy Wants to Build 1,100-Megawatt, $946 Million Gas-fired Power Plant


SUGAR LAND--August 15, 2017--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--DTE Energy Company (NYSE:DTE) (Detroit, Michigan), a combination electric and gas utility, earlier this month filed a request with Michigan regulators to build a 1,100-megawatt (MW), $946 million na

You can read more here: DTE Energy Wants to Build 1,100-Megawatt, $946 Million Gas-fired Power Plant

Uber appoints Brooks Entwistle as chief business officer, Asia Pacific region


BENGALURU: San Francisco headquartered cab hailing firm Uber has appointed Brooks Entwistle as chief business officer, Asia Pacific region.

You can read more here: Uber appoints Brooks Entwistle as chief business officer, Asia Pacific region

Cambridge Innovations makes partial exit from Roadzen, nets $2,50,000


HYDERABAD: Cambridge Innovations (CI), the investment arm of BSE listed Cambridge Technology Enterprises (CITE), has announced partially exiting from an early stage investment in Roadzen, an insurance technology firm, with a realisation of $2,50,000.

You can read more here: Cambridge Innovations makes partial exit from Roadzen, nets $2,50,000

Indian steel makers' earnings to be steady: Moody's


NEW DELHI: Indian steel makers' earnings will be stable or rise in the next 12 months on the back of rising domestic demand and protectionist measures, Moody's Investors Service said today.

You can read more here: Indian steel makers' earnings to be steady: Moody's

PROJECT: Steamer Trunk Dresser


Add a sense of history to your clothing storage with this dresser built to resemble a steamer trunk.

You can read more here: PROJECT: Steamer Trunk Dresser

Government extends deadline to file GSTR 3B return to August 28


The deadline for first GST Return, GSTR- 3B, has been extended (states are still coming up with Notifications) to August 28 from its original deadline of August 20.

You can read more here: Government extends deadline to file GSTR 3B return to August 28

Assam drafting law for preferential treatment to small scale industries


GUWAHATI: In the lines of scrapped Assam preferential stores purchase act, 1989 which gave preferential treatment to small scale industries, BJP led Assam government will bring a new act which will accord preferential treatment to goods produced by MSMEs and small scale industrial units.

You can read more here: Assam drafting law for preferential treatment to small scale industries

We continue to remain reasonably bullish on the oil and gas space: Harish Krishnan


Harish Krishnan, Sr VP & Fund Manager Equity at Kotak MF talks about the scale and scope of MF investment in India. He talks to ET Now about the current trend in the SIP.

You can read more here: We continue to remain reasonably bullish on the oil and gas space: Harish Krishnan

The recent correction was not even a correction: Deepak Shenoy, Capital Mind


Talking to ET Now, Deepak Shenoy , Founder, Capital Mind , says more buying opportunities will come going forward. The market is catching us off guard in the kind of intraday volatility that we are seeing. Suffice to say that you are advising clients to go a bit light.

You can read more here: The recent correction was not even a correction: Deepak Shenoy, Capital Mind

If you are starting SIP now, go for a large-cap or balanced fund: Nilesh Shah, Kotak AMC


Talking to ET Now, Nilesh Shah, Kotak AMC , says there was a time when Sensex going to 10,000 was a big thing. Today no one cares about 10,000. What should be the target number this year?

You can read more here: If you are starting SIP now, go for a large-cap or balanced fund: Nilesh Shah, Kotak AMC

Betting on 2 wealth creation ideas: G Chokkalingam, Equinomics


Talking to ET Now, G Chokkalingam , Founder & MD, Equinomics Research & Advisory , says bullish on Tata Sponge and MRF. What is your first recommendation?

You can read more here: Betting on 2 wealth creation ideas: G Chokkalingam, Equinomics

Milwaukee Mud Mixer Review


When it comes to new power tools, not too many manufacturers can compete with Milwaukee Tool.  Week after week, month after month and year after year, Milwaukee Tool has been pumping out some very cool and productive new tools for the professional tradesmen.

You can read more here: Milwaukee Mud Mixer Review

1,500 delegates to participate in Global Entrepreneurship Summit


NEW DELHI: Around 1,500 delegates from over 160 countries will participate in the Global Entrepreneurship Summit (GES) to be held in Hyderabad from November 28-30, that will see the US President's daughter Ivanka Trump leading her country's delegation, an official said here on Thursday.

You can read more here: 1,500 delegates to participate in Global Entrepreneurship Summit

Two small-cap ideas for long-term: Ashish Maheshwari, Blue Ocean Strategic Advisors


Talking to ET Now, Ashish Maheshwari , Director, Blue Ocean Strategic Advisors , says bullish on Ganesh Benzoplast and Meghmani Organics. Suggest some long-term investment ideas?

You can read more here: Two small-cap ideas for long-term: Ashish Maheshwari, Blue Ocean Strategic Advisors

Can’t see fundamental growth driver in economy in FY18: Suvodeep Rakshit, Kotak Institutional Equities


Talking to ET Now, Suvodeep Rakshit, Economist, Kotak Institutional Equities, says, in FY18 he is pencilling in 6.8% growth and that is just to show that there is not much upside in growth that we can immediately see.

You can read more here: Can’t see fundamental growth driver in economy in FY18: Suvodeep Rakshit, Kotak Institutional Equities

Large-cap funds performed best in last 3 months, followed by multi-caps: Dhirendra Kumar


Talking to ET Now, Dhirendra Kumar, CEO, Value Research, says the bull rally may have started from midcaps and smallcaps, there has been a reversal of trend in last 3 months with largecaps and multicaps being followed by followed by midcap and small cap.

You can read more here: Large-cap funds performed best in last 3 months, followed by multi-caps: Dhirendra Kumar

Remitting Money from India – Choosing the Right Repatriation Strategy


Funds can be repatriated from India to other countries in various ways, but can entail foreign exchange risks, tax, and regulatory risks. This article discusses the various strategies a company may utilize when repatriating funds from India, including the associated legal and tax concerns.

The post Remitting Money from India – Choosing the Right Repatriation Strategy appeared first on India Briefing News.

PHD Chamber and BSE Ltd. sign an MoU


Industry body PHD Chamber of Commerce and Industry (PHDCCI) and BSE Ltd. have signed a Memorandum of Understanding on Wednesday for exchange of information on unemployment and consumer sentiments in India.

Stay away from Futures and Options market or any kind of short term trading: Sanjay Dutt, Quantum Securities


What do you do as an investor right now and where do you think the next trigger is going to come in from? Is it going to be only the Q2 earnings which are going to provide that next fillip to the market or do you think at a time like right now, it is more the geopolitical murmurs which are goin

You can read more here: Stay away from Futures and Options market or any kind of short term trading: Sanjay Dutt, Quantum Securities

I find stocks in select pockets outside the index attractive in India: Marc Faber


In an exclusive interview with ET Now, Marc Faber , Publisher, The Gloom Boom & Doom Report , says considering how expensive US stocks are compared to companies in Europe and EMs, he would prefer to own international equities, European stocks and Asian stocks compared to say US stocks.

You can read more here: I find stocks in select pockets outside the index attractive in India: Marc Faber

Narayana Murthy never doubted Vishal Sikka's performance: V Balakrishnan, former CFO, Infosys

In a chat with ET Now, V Balakrishnan, Former CFO, Infosys, talks about the turbulence in the IT bellwether. Edited excerpts: ET Now: There...