There is a safer alternative to regular sanitary pads - and it'll make you go bananas!

1. Company name: Saathi 2. Founder name(s) - Kristin Kagetsu, Tarun Bothra, Amrita Saigal & Grace Kane 3. City it is based out of - Ahmedabad 4. Headcount/Strength of the team - 8 5. Industry - Sustainable manufacturing/Healthcare 6.

You can read more here: There is a safer alternative to regular sanitary pads - and it'll make you go bananas!

ICICIDirect’s Pankaj Pandey is bullish on these 2 stocks, here’s why

Talking to ET Now, Pankaj Pandey, Head Research, ICICIdirect.com, says he is betting on NRB Bearings and PNB and that NRB Bearings is the best stock idea for now. Explain your high conviction investment ideas -- NRB Bearings and PNB.

You can read more here: ICICIDirect’s Pankaj Pandey is bullish on these 2 stocks, here’s why

You can read more here:

ScoopWhoop lays off 20 staff across teams: Reports

BENGALURU: Kalaari Capital-backed media startup Scoop-Whoop has laid off approximately 12 to 20 employees across teams, according to multiple current employees working at the organisation, reports Shashwati Shankar.

You can read more here: ScoopWhoop lays off 20 staff across teams: Reports

Net neutrality central to financial inclusion, says Trai chief

BENGALURU: Net neutrality is crucial for a country like India, which is trying to bring about financial inclusion, and the lack of such regulation might pave way for discriminatory practices, said RS Sharma, chairman of the Telecom Regulatory Authority of India (Trai), at a financial inclusion

You can read more here: Net neutrality central to financial inclusion, says Trai chief

Machine learning is the rainmaker at Amazon Cloud

SEATTLE: Amazon unveiled new machine-learning tools, including algorithms that automate decisions and speech recognition, seeking to solidify its dominant position over Microsoft and Alphabet in the fast growing and profitable cloud-computing market.

You can read more here: Machine learning is the rainmaker at Amazon Cloud

China Link: NewsDog, UC News and others face govt scrutiny

NEW DELHI: Mobile applications such as WeChat, UC News, News-Dog and Truecaller have come under fresh scrutiny after Indian soldiers posted on China border were asked to delete over 40 applications that may have 'Chinese links'.

You can read more here: China Link: NewsDog, UC News and others face govt scrutiny

Telangana answers the call, opens 1st VC fund for women-founded startups

HYDERABAD: Enthused by the spirited participation of women entrepreneurs and noting their constraints in accessing capital, the Telangana government, which facilitated the Global Entrepreneurship Summit (GES) in Hyderabad, has announced the setting up of India’s first government-backed venture fun

You can read more here: Telangana answers the call, opens 1st VC fund for women-founded startups

Logistics company Delhivery registers 44% increase in FY17 revenues

BENGALURU: Logistics company Delhivery posted approximately 44% increase in total revenues to Rs 751 crore during FY17 from previous year’s Rs 523 crore as the company’s losses narrowed marginally, according to regulatory filings with the Ministry of Corporate Affairs.

You can read more here: Logistics company Delhivery registers 44% increase in FY17 revenues

SBI is confident haircuts will be moderate: B Sriram

Emboldened by the interest expressed by private players in stressed assets, the country’s largest lender State Bank of India is hopeful that it will not have to take huge haircuts on most assets getting resolved under the Insolvency & Bankruptcy Code (IBC).

You can read more here: SBI is confident haircuts will be moderate: B Sriram

BIFMA announces director of outreach

GRAND RAPIDS, Mich. - Following an extensive national search, BIFMA welcomes Jennifer Wammack to the newly created staff position of director of outreach.

You can read more here: BIFMA announces director of outreach

Uber lawyer says board, ex-CEO knew of evidence withheld from Waymo case

Uber Technologies Inc's [UBER.UL] former chief executive and some board members knew of a letter alleging employees had stolen trade secrets, but the document was withheld from a high-stakes lawsuit, a company attorney testified on Wednesday.

You can read more here: Uber lawyer says board, ex-CEO knew of evidence withheld from Waymo case

Different treatment likely for SMEs facing insolvency

NEW DELHI: Government may consider giving different treatment to small and medium enterprises (SMEs) under the Insolvency and Bankruptcy Code (IBC) since they usually have limited number of buyers and rely largely on promoters for a resolution.

You can read more here: Different treatment likely for SMEs facing insolvency

Can paid membership programmes reduce Internet companies' dependence on discounts?

Zomato launched its paid subscription service, Zomato Gold, cofounder Deepinder Goyal tweeted, “This has been insane - thank you.

You can read more here: Can paid membership programmes reduce Internet companies' dependence on discounts?

IIFL Fund picks up small stake in Nazara for Rs 330 crore

Opportunities Fund has acquired a minority stake in mobile game developer Nazara Technologies from Westbridge Capital for about Rs 330 crore, marking the largest private investment in the gaming space in India.

You can read more here: IIFL Fund picks up small stake in Nazara for Rs 330 crore

Startup deals of the week

It has been an active week for the broader venture capital and entrepreneurial ecosystem in India, as transactions, across stages, were announced during the seven-day period.

You can read more here: Startup deals of the week

India’s Ajaita Shah is grand champion at GES 2017 Catalyst Pitch competition

Ajaita Shah from India has emerged the Grand Champion in the catalyst pitch competition held by Global Innovation through Science and Technology (GIST) at the closing plenary of the Global Entrepreneurship Summit (GES2017) held in Hyderabad.

You can read more here: India’s Ajaita Shah is grand champion at GES 2017 Catalyst Pitch competition

Niti to set up dedicated cell to promote women entrepreneurs

Niti Aayog will set up a dedicated women cell to handhold and facilitate promotion of women entrepreneurs in the country, it's CEO Amitabh Kant said today. He said the cell would ensure all support to the women entrepreneurs.

You can read more here: Niti to set up dedicated cell to promote women entrepreneurs

GSTN to provide remaining IT functions on GST portal in next 2-3 months: Prakash Kumar, GSTN

The GST Network (GSTN), a non-profit, non-government organisation which manages the entire IT system of the GST portal has been at the receiving end for all the issues that cropped up in the course of the implementation of the Goods and Services Tax (GST) in India.

You can read more here: GSTN to provide remaining IT functions on GST portal in next 2-3 months: Prakash Kumar, GSTN

Steel demand to grow led by govt spending on infrastructure

Domestic steel demand is tipped to grow in the near term on the back of strong demand led by government spending on infrastructure.

You can read more here: Steel demand to grow led by govt spending on infrastructure

Tata Housing to invest Rs 350 crore on luxury project in Kolkata

Tata group's real estate firm Tata Housing plans to launch an ultra-luxury residential project, comprising 150 apartments, in Kolkata early next year at an investment of about Rs 350 crore. Spread over 3.5 acres, the project is located at Alipore in Kolkata.

You can read more here: Tata Housing to invest Rs 350 crore on luxury project in Kolkata

Switzerland Approves Automatic Information Exchange with India to Curb Tax Evasion

India’s automatic exchange of information pact (AEOI) with Switzerland will take force in 2018, and the first exchange of information will take place in 2019. This will boost India's efforts to track black money and curb tax evasion.

The post Switzerland Approves Automatic Information Exchange with India to Curb Tax Evasion appeared first on India Briefing News.

Current trend in bitcoin will end badly, maybe over years, says Samir Arora

Samir Arora, Founder & Fund Manager of Helios Capital , says the way it is going up, the bitcoin seems to be positioned as an alternative to store value rather than transaction value. Excerpts from an interview with ETNow. ET Now: I have to start off with bitcoin.

You can read more here: Current trend in bitcoin will end badly, maybe over years, says Samir Arora

Craftsman Wall Shelf

Editor’s note: With the holidays upon us, I’m looking through vintage issues of the magazines and books we own for fun handmade gifts – things that you can build in not too much shop time, but that will help to create a lifetime of memories for the recipients.

You can read more here: Craftsman Wall Shelf

Shriram has tapped only a slice of a huge opportunity in CV segment: MD

Umesh Revankar, MD & CEO, Shriram Transport Finance, says the current CV growth is being fuelled by rural, e-commerce and construction-related segments. Excerpts from an interview with ETNow .

You can read more here: Shriram has tapped only a slice of a huge opportunity in CV segment: MD

Bosch 12v Oscillating Tool Review

Bosch is known for their quality tools.  While they are not always first to market, they are always ranked as one of the highest and most quality power tool manufacturers around.  If you have been following us for a while, you know we love the Bosch oscillating tools.

You can read more here: Bosch 12v Oscillating Tool Review

Building material pack to ride on pick up in housing spend : Vinay Khattar

India is not just changing, it is transforming at a mind blowing pace, says Vinay Khattar of Edelweiss Financial Services .

You can read more here: Building material pack to ride on pick up in housing spend : Vinay Khattar

Finance ministry, exporters spar over GST refunds, claims

The revenue department and the exporters are sparring over unpaid refunds and tax credits that have accrued to businesses since Goods and Services Tax (GST) was implemented in July.

You can read more here: Finance ministry, exporters spar over GST refunds, claims

Flipkart investors, employees trimming stakes as part of SoftBank deal

MUMBAI: Some early Flipkart investors, employees and ex-employees are selling their shares in the Indian e-commerce firm as part of a $2.5 billion investment deal agreed with Japan's SoftBank Group, two people familiar with the matter said on Thursday.

You can read more here: Flipkart investors, employees trimming stakes as part of SoftBank deal

Now, banks need to take care of SMEs in India: M Venkaiah Naidu

NEW DELHI: Speaking at the 21st International Conference on Small and Medium Enterprises (ICSME 2017), organised by the World Association of Small and Medium Enterprises (WASME), Vice President, M Venkaiah Naidu said, "Sustainable industrialisation with SME development should be the primary agenda o

You can read more here: Now, banks need to take care of SMEs in India: M Venkaiah Naidu

Cisco chairman John Chambers invests in Uniphore

NEW DELHI: Speech analytics software company Uniphore on Thursday said Cisco Executive Chairman John Chambers has picked up 10 per cent stake in the company.

You can read more here: Cisco chairman John Chambers invests in Uniphore

WTO tries to get e-commerce on global agenda

NEW DELHI: Days before the World Trade Organization’s biennial ministerial meeting begins in Argentina, discussions on having a global agreement to regulate e-commerce is beginning to emerge as a key issue despite strong resistance from countries such as India.

You can read more here: WTO tries to get e-commerce on global agenda

Cashe launches blockchain based lending process on its mobile app

BENGALURU: Aeries Financial Technologies which runs online lending platform Cashe has built a blockchain based smart contract enabled distributed ledger technology on its mobile app which will allow the lender and the borrower to enter into a smart contract regarding their lending arrangement.

You can read more here: Cashe launches blockchain based lending process on its mobile app

Adani, Hindujas join race for Jaypee Infra

At least three high-profile bidders — Adani Group, Hindujas and Sajjan Jindal's JSW Group — have entered the fray to invest in Jaypee Infratech, taking the number of suitors past 20.

You can read more here: Adani, Hindujas join race for Jaypee Infra

Smart apparel: This digital t-shirt allows you to customize slogans, image using your smartphone

Or, you could just ditch all of these and make your clothes do all the work. At least, that is what the three founders-Ayyappa Nagubandi, Mahalakshmi Nagubandi and Saumil Shah-are aiming for with their startup, Broadcast Wear.

You can read more here: Smart apparel: This digital t-shirt allows you to customize slogans, image using your smartphone

Uber’s losses widen as SoftBank launches bid to buy shares

Uber Technologies Inc.’s net loss widened to $1.46 billion in the third quarter, according to people with knowledge of the matter, as the ride-hailing leader struggled to fend off competition, legal challenges and regulatory scrutiny.

You can read more here: Uber’s losses widen as SoftBank launches bid to buy shares

Why it’s tough to tame Google, Facebook, Amazon & Apple

NEW YORK: The tech fab four, Apple, Google, Amazon and Facebook, provide some of the world’s best-loved products and services. Investors love them, too.

You can read more here: Why it’s tough to tame Google, Facebook, Amazon & Apple

Snapchat redesigns app to keep it personal & free of fake news

SAN FRANCISCO: Snapchat on Wednesday unveiled a redesign intended to rev up use of the image-sharing smartphone application by focusing on personal interests instead of what friends post.

You can read more here: Snapchat redesigns app to keep it personal & free of fake news

Android creator, Andy Rubin, steps away from firm amid misconduct report

A former Google executive who is widely credited with creating Android smartphone software has taken a leave of absence from the startup he now runs, the company said Wednesday — a day after a report that he was involved in an inappropriate relationship with a female subordinate while he was at

You can read more here: Android creator, Andy Rubin, steps away from firm amid misconduct report

Flipkart leans on fintech for profitability, says Bansal

Hyderabad: Flipkart group chairman Sachin Bansal said the company’s focus on financial technology solutions will help drive the platform towards profitability. "Financial services is very profitable. We have data and customer trust to build it on.

You can read more here: Flipkart leans on fintech for profitability, says Bansal

Quicker visas, cosy spots & funds await global companies

HYDERABAD: The government is taking steps to attract global startups to set up operations in India, after having launched several initiatives to help create an ecosystem in the country for new entrepreneurs to flourish.

You can read more here: Quicker visas, cosy spots & funds await global companies

CA Technologies sees a bright spot in staff-driven startup projects

BENGALURU: CA Technologies has been around since the old mainframe days. Nearly four decades and more than 100 acquisitions later, the application software major is encouraging employee-driven startup projects under its startup accelerator programme.

You can read more here: CA Technologies sees a bright spot in staff-driven startup projects

Amazon registers over 100 per cent growth in India revenues in FY17

MUMBAI | KOLKATA: Amazon on Wednesday said it has more than doubled its business in India in FY17, with over 105% growth in revenues.

You can read more here: Amazon registers over 100 per cent growth in India revenues in FY17

Amazon customer care agents ask for Aadhaar, raise concerns

BENGALURU: Amazon's customer care agents are asking its users to reveal their Aadhaar number as an identity proof to track lost packages, according to several customers quoted in an online report.

You can read more here: Amazon customer care agents ask for Aadhaar, raise concerns

With 47 per cent of total volume, India is gateway for PayU

BENGALURU: India has emerged as the fastest growing market for Naspers-backed payment gateway services provider PayU representing 47% of total payment volumes worth $11.7 billion. With $5.

You can read more here: With 47 per cent of total volume, India is gateway for PayU

Amazon hiring aggressively at campus placements this year, Flipkart trails

MUMBAI/NEW DELHI: The battle between Amazon India and Flipkart has moved to campuses, with early hiring trends suggesting a head start for the US company.

You can read more here: Amazon hiring aggressively at campus placements this year, Flipkart trails

ArcelorMittal says 29% in Uttam Galva no hindrance to stressed asset bidding

KOLKATA: Billionaire Lakshmi Mittal’s ArcelorMittal said its 29% equity stake in Uttam Galva Steels will not impede them from participating in bidding for stressed steel assets in India.

You can read more here: ArcelorMittal says 29% in Uttam Galva no hindrance to stressed asset bidding

PSUs want vendors to meet anti-profiteering guidelines

NEW DELHI: Public sector enterprises have begun asking their vendors to furnish an undertaking that they meet anti-profiteering norms and have passed on the benefits of lower tax and higher input tax credit under the goods and services tax (GST) regime.

You can read more here: PSUs want vendors to meet anti-profiteering guidelines

Hand-tool Butt Hinge Installation

Below is a sidebar from my “Medicine Cabinet” article, from the June 2016 issue of Popular Woodworking Magazine – how to install butt hinges using hand tools (and there are, of course, other techniques…but this is how I do it).

You can read more here: Hand-tool Butt Hinge Installation

Sasol Drops Westlake GTL Project, Exits Canadian Shale Plays as it Shifts Focus

SUGAR LAND--November 28, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Sasol Limited (NYSE:SSL) (Johannesburg, South Africa) is calling it quits on as much as $1 billion in high-profile projects it has deemed unprofitable, including its work in Canada's shale gas market and all

You can read more here: Sasol Drops Westlake GTL Project, Exits Canadian Shale Plays as it Shifts Focus

Uber says 2.7 mn users in UK affected in 2016 data breach

Uber Technologies Inc has informed Britain's data protection regulator that 2.7 million user accounts in the country were affected by the data breach in 2016, which the company disclosed last week.

You can read more here: Uber says 2.7 mn users in UK affected in 2016 data breach

Omkar Realtors expects Rs 2,000 crore revenue from Andheri project phase 1

MUMBAI: Realty developer Omkar Realtors & Developers is expecting revenue of Rs 2,000 crore in phase 1 of its 65-acre redevelopment project in Mumbai’s western suburb of Andheri, said a top company official. The first phase of the project is spread over 4.

You can read more here: Omkar Realtors expects Rs 2,000 crore revenue from Andheri project phase 1

Kerala Startup Mission to pick 50 innovative ideas and fund them in December

Thiruvananthapuram: Kerala Startup Mission (KSUM) will extend funds to 50 innovative, socially-relevant and scalable ideas from different sectors as part of its financial aid project.

You can read more here: Kerala Startup Mission to pick 50 innovative ideas and fund them in December

TYGR cab launches a fleet of 10,000 cabs in Bengaluru

JD(S)-backed Namma TYGR launched its app-based cab service with a fleet of 10,000 cabs in the IT capital. The app-based cab service is an initiative of the JD(S)-backed cab drivers association and Kolkata-based startup TYGR. Through the partnership, TYGR will render technology support.

You can read more here: TYGR cab launches a fleet of 10,000 cabs in Bengaluru

Karnataka Bank partners with BCG for major technology overhaul

BENGALURU: Private sector Karnataka Bank on Wednesday roped in the Boston Consulting Group to help with an elaborate makeover that includes scaling up its technology adoption and tying up with fintech firms and startups. The bank has called this a major transformational journey.

You can read more here: Karnataka Bank partners with BCG for major technology overhaul

UberEXCHANGE program finalists announced at GES

HYDERABAD: App-based cab service provider Uber today announced the finalists of its 'UberEXCHANGE' program at the ongoing Global Entrepreneurship Summit 2017 here.

You can read more here: UberEXCHANGE program finalists announced at GES

L&T bags EPC order for 400 mw power plant in Bangladesh

Industrial conglomerate Larsen and Toubro (L&T) on Wednesday said it has bagged an engineering, procurement, construction (EPC) order for a 400 megawatt (MW) gas-based power plant in Bangladesh.

You can read more here: L&T bags EPC order for 400 mw power plant in Bangladesh

Parsvnath's Rs 1,034 cr claim against RLDA upheld

Parsvnath Developers said today that an arbitral tribunal has upheld its claim of Rs 1,034 crore in a dispute with Rail Land Development Authority (RLDA) related to a project in the national capital.

You can read more here: Parsvnath's Rs 1,034 cr claim against RLDA upheld

Moody's upbeat on steel sector,says Tata Steel to benefit most

MUMBAI: Robust domestic demand and protectionist measures by the government will help the domestic steel industry going forward and earnings of major players like Tata Steel will increase significantly due to newly-added capacity, says a report.

You can read more here: Moody's upbeat on steel sector,says Tata Steel to benefit most

IT sector in India shocked by US$1.55 billion in tax notices

India’s federal tax body has sent tax notices to more than 200 companies in the IT sector claiming for return of export benefits enjoyed by such firms over the last 5 years plus service tax and fines. Here we briefly discuss the main contention.

The post IT sector in India shocked by US$1.55 billion in tax notices appeared first on India Briefing News.

At 15, this girl plans to harvest energy from rainwater

HYDERABAD: When you can make energy from wind, why not from rainwater? This question from her father inspired their 15-year-old girl from Azerbaijan to set up a company to do exactly that.

You can read more here: At 15, this girl plans to harvest energy from rainwater

Foodpanda India closes FY17 with 64% jump in revenues

NEW DELHI: India's leading online marketplace for food delivery foodpanda has reported its latest revenue figures for FY 16-17, thus marking a jump by 64 percent in revenues. The food delivery company earned Rs. 62.16 crores in FY 16-17 compared to Rs. 37.

You can read more here: Foodpanda India closes FY17 with 64% jump in revenues

Exporters claim Rs 6,500 crore refund for July-October: Finance Ministry

Exporters have claimed refunds of Rs 6,500 crore in the first four months of GST roll out, the government said today, while asking them to file claims in proper form with matching shipping bills to facilitate early settlements.

You can read more here: Exporters claim Rs 6,500 crore refund for July-October: Finance Ministry

Klein Gas Leak Tester Review

I have to admit that when I saw this detector I was a little disappointed.  I was really hoping it would show part per million when it took a reading.  However the more I thought about it, how many people really need to know the exact reading?  Most tradesmen just want to know if there is a leak.

You can read more here: Klein Gas Leak Tester Review

DBT scheme will help reduce urea consumption: A Vellayan, Murugappa Group

In a chat with ETNow, A Vellayan, Chairman, Murugappa Group says when DBT is fully implemented urea consumption will drop to about two to three million tonnes. Edited Excerpts.

You can read more here: DBT scheme will help reduce urea consumption: A Vellayan, Murugappa Group

Promoter ban under IBC to bring consolidation in steel sector: Naushad A Ansari, JSPL

Even as domestic steel companies are trying to do their best to improve their efficiencies, their margins should stay under pressure, says Naushad A Ansari, CEO for Steel Business at JSPL .

You can read more here: Promoter ban under IBC to bring consolidation in steel sector: Naushad A Ansari, JSPL

Bitcoin is a consensus currency, not tested for failure yet: Raunak Onkar, PPFAS Mutual Fund

Raunak Onkar of PPFAS Mutual Fund says it is not easy to pick new stocks in this market. “We are sitting on 18 per cent cash, but that is mostly residual cash,” says he. Excerpts from an interview with ETNow.

You can read more here: Bitcoin is a consensus currency, not tested for failure yet: Raunak Onkar, PPFAS Mutual Fund

'More students open to entrepreneurship as livelihood option'

NEW DELHI: As many as 61 per cent of students in India consider entrepreneurship as a good prospect to earn a livelihood with a majority from rural areas showing greater willingness to start their own business compared to their urban counterparts, according to a study.

You can read more here: 'More students open to entrepreneurship as livelihood option'

Bhel commissions 3,200 MW hydro unit in Mizoram

NEW DELHI: State-owned engineering firm Bhel said today that it has commissioned the second unit of the Tuirial Hydro Electric Project (HEP) in Mizoram. The unit has been commissioned by Bhel in less than a 100 days of the commissioning of the first one, Bhel said in a statement.

You can read more here: Bhel commissions 3,200 MW hydro unit in Mizoram

Complaints against 232 advertisements in Sep upheld: ad watchdog

India's advertising industry watchdog on Tuesday said its Consumer Complaints Council (CCC) has upheld complaints against 232 out of 305 advertisements in the categories of healthcare, food and beverages, education, personal care and others in September for either misleading campaigns or not able to substantiate their claim.

Boeing eyes autonomy in avionics, scale up operations

Hyderabad: Boeing will scale up manufacturing in India by spreading its operations across Hyderabad and other southern cities, said Pratyush Kumar, president, Boeing India.

You can read more here: Boeing eyes autonomy in avionics, scale up operations

From impressing the President to PM Modi, a startup's cure for knee replacement surgery is 20x cheaper

Five years ago, Vikas Karade would have scoffed at the suggestion that his doctoral studies would shape the narrative of a potentially successful business.

You can read more here: From impressing the President to PM Modi, a startup's cure for knee replacement surgery is 20x cheaper

Paisabazaar launches new lending product category – Short Term Loans

NEW DELHI: Paisabazaar-.com has launched a new lending product category – Short Term Personal Loans for customers who need small loans for a short period.

You can read more here: Paisabazaar launches new lending product category – Short Term Loans

Nearly 40% people used music streaming services on mobile last month

Nearly 40% people used music streaming services on mobile last month

You can read more here: Nearly 40% people used music streaming services on mobile last month

WeWork acquires social network startup Meetup

WeWork has made its name — and collected billions of dollars from investors — by providing places for people to work. Now, it is buying a social network meant to bring people together in their off time.

You can read more here: WeWork acquires social network startup Meetup

Gaming startup Rummy Passion divests 51% stake

BENGALURU Passion Gaming Private, an online rummy gaming startup that operates under the name Rummy Passion has divested a 51% stake in itself to London Stock Exchange-registered gaming firm Stride Gaming for $3.75 million in an all cash deal.

You can read more here: Gaming startup Rummy Passion divests 51% stake

Paytm aims to create world's largest digital bank - with 500 million accounts!

Paytm Payments Bank aims to create the world’s largest digital bank with 500 million accounts, envisioning an online financial services provider of everything from wealth management to credit cards and stock market trading.

You can read more here: Paytm aims to create world's largest digital bank - with 500 million accounts!

Impact investor Lok Capital deploys 60% of Fund III

NEW DELHI: Impact investor Lok Capital, which is looking to close its Fund III at $90-100 million in the next three to four months has already deployed about 60% of the capital raised so far in the first 18 months of the fund.

You can read more here: Impact investor Lok Capital deploys 60% of Fund III

Paytm swears by India digital play, lines up Rs 20,000 crore

NEW DELHI: Paytm, which has high-profile investors like SoftBank and Alibaba, has drawn up a massive investment plan of Rs 20,000 crore as the group expands its play into the digital payments, financial services and e- commerce space in the country.

You can read more here: Paytm swears by India digital play, lines up Rs 20,000 crore

Having trouble with your startup? Gurus explain how to get it right

Starting a business and having troubles? ET invites early-stage entrepreneurs to ask their questions — anything from business development to scaling up — and we will get those answered by the experts. Two-sided marketplaces are tough to build. But they offer a strong network effect as a moat.

You can read more here: Having trouble with your startup? Gurus explain how to get it right

Startups join tech firms in hailing Trai’s net neutrality call

NEW DELHI: The country’s digital and startup community has hailed the telecom regulator’s recommendations in support of net neutrality, calling them “progressive” steps that will prevent “stonewalling of emerging services” by established players.

You can read more here: Startups join tech firms in hailing Trai’s net neutrality call

Flipkart CTO Ravi Garikipati heads ecommerce firm's fintech department

BENGALURU: In a major initiative towards making financial technology a high priority, top ecommerce marketplace Flipkart has appointed its chief technology officer Ravi Garikipati as the head of its fintech department with immediate effect.

You can read more here: Flipkart CTO Ravi Garikipati heads ecommerce firm's fintech department

If inflation goes up, I’ll be cautious on equities: Ritesh Jain, Chief Investment Officer, BNP Paribas Mutual Fund

Equities will continue to do well because early stage of inflation is good for this asset class, said Ritesh Jain, chief investment officer, BNP Paribas Mutual Fund. In an interview with Nishanth Vasudevan, Jain said there is disbelief in the equities rally because earnings have not picked up.

You can read more here: If inflation goes up, I’ll be cautious on equities: Ritesh Jain, Chief Investment Officer, BNP Paribas Mutual Fund

Steelcase to acquire office furniture maker AMQ Solutions

GRAND RAPIDS, Mich. - Steelcase Inc. has announced plans to acquire AMQ Solutions, a Southern California-based provider of height adjustable office furniture. Announced Nov.

You can read more here: Steelcase to acquire office furniture maker AMQ Solutions

Investors queue up at Swiggy; SoftBank may put in $200-250 mn, Flipkart & Tencent also in talks

MUMBAI/NEW DELHI: SoftBank has entered the fray to pick up a stake in Bundl Technologies, which owns and operates food delivery startup Swiggy, according to three people aware of the development.

You can read more here: Investors queue up at Swiggy; SoftBank may put in $200-250 mn, Flipkart & Tencent also in talks

Strict FDI rules take a toll on Amazon’s largest seller Cloudtail

MUMBAI | KOLKATA: Amazon India’s largest seller Cloudtail crossed the Rs 5,000 crore sales mark in the year to March but growth tapered off significantly, indicating its fading role as the company seeks to comply with foreign direct investment (FDI) rules on marketplaces.

You can read more here: Strict FDI rules take a toll on Amazon’s largest seller Cloudtail

And Off We Go!

First of all, I want to thank you for the overwhelming response to my poem last week. All three of you were so kind, that it sort of went to my head. Fortunately, I have friends, family and coworkers to keep me grounded.

You can read more here: And Off We Go!

Sitharaman wants to involve startups in defence production

HYDERABAD: Defence Minister Nirmala Sitharaman today said she would discuss ways to promote women entrepreneurs and increase their participation in defence production and procurement during consultations with startups and industry chambers on December 4.

You can read more here: Sitharaman wants to involve startups in defence production

AAI, ASSOMET & AMAFOND of Italy signs MoU for investing in a JV project in Aluminium Park in Odisha

KOLKATA: Aluminium Association of India (AAI) and aluminium association ASSOMET & AMAFOND of Italy are tipped to sign an MoU for investing in a joint venture project in the upcoming Aluminium Park at Angul in Odisha.

You can read more here: AAI, ASSOMET & AMAFOND of Italy signs MoU for investing in a JV project in Aluminium Park in Odisha

How to Resaw Lumber with a Band Saw

Resawing is the technique of cutting a board to a thickness. The best tool for resawing is the band saw.

You can read more here: How to Resaw Lumber with a Band Saw

Panel Saw Storage Unit

I built a panel storage unit. Here are photos of it being constructed and in use. The casters I used are way too small to carry the load, so it is only portable when empty.

You can read more here: Panel Saw Storage Unit

Fino Payments Bank eyes Rs 1,500-crore gold loan portfolio by FY19

NEW DELHI: Fino Payments Bank today said it has partnered with various banks to source gold loans worth Rs 1,500 crore, as a third-party product, by the end of March 2019. Through this partnership, it will source gold loans on banks' behalf from across its 410 branches as well as access points.

You can read more here: Fino Payments Bank eyes Rs 1,500-crore gold loan portfolio by FY19

PM Narendra Modi invites global entrepreneurs to invest in India

HYDERABAD: Hard selling his government's reforms, Prime Minister Narendra Modi today invited global entrepreneurs to come to India saying that it provides an investment-friendly environment where restrictions have been removed and archaic laws abolished.

You can read more here: PM Narendra Modi invites global entrepreneurs to invest in India

Harvey: Bringing Woodworking Education to China

One of the few constants in life is change. Whether we embrace it, or brace ourselves against it, change is bound to happen, regardless. Jack Xu, president of Harvey Industries, has certainly experienced change in his business.

You can read more here: Harvey: Bringing Woodworking Education to China

Hitachi 7-1/4-in. Worm Drive Saw

Hitachi’s new 7-1/4-in. Worm Drive Circular Saw features a powerful 15-amp motor that spins the blade at 5,000 rpm to cut through most jobsite materials, including fiber-cement boards when equipped with a fiber-cement blade.

You can read more here: Hitachi 7-1/4-in. Worm Drive Saw

2000-lumen LED Work Light

Foldable and freestanding, this portable LED work light can go wherever you need it. Set it up as a side lighting source on your sanding or finishing table to highlight flaws, or use it under a vehicle or inside a cabinet to shed light in dim conditions.

You can read more here: 2000-lumen LED Work Light

Enhancing Walnut’s Grain, Figure?

I am in the midst of making a sideboard as a wedding gift for my son and his bride. My wife is going to paint the bottom part of the piece an off-white, then use dark antique wax on top of that.

You can read more here: Enhancing Walnut’s Grain, Figure?

IBC ordinance may throw spanner in JSW's Jaypee deal

MUMBAI: JSW Group’s interest in acquiring a stake in Jaypee Associates to bid for Jaypee Infratech is likely to take a hit with the coming of the new ordinance that prohibits collaborations with defaulting promoters to bid for assets.

You can read more here: IBC ordinance may throw spanner in JSW's Jaypee deal

Skill India partners with Airbnb to upskill hospitality entrepreneurs

NEW DELHI: The Ministry of Skill Development and Entrepreneurship’s implementation arm National Skill Development Corporation (NSDC) and the Tourism and Hospitality Sector Skill Council (THSC) signed a tripartite Memorandum of Understanding (MoU) with Airbnb on Tuesday to provide hospitality skill

You can read more here: Skill India partners with Airbnb to upskill hospitality entrepreneurs

PM Modi, Ivanka Trump launch 8th edition of Global Entrepreneurship Summit in Hyderabad

In a first for South Asia, the eighth Global Entrepreneurship Summit (GES) was launched in Hyderabad today by PM Narendra Modi and Advisor to US President Ivanka Trump. Co-hosted by the governments of both countries, the theme for this year’s summit is 'Women First, Prosperity for All'.

You can read more here: PM Modi, Ivanka Trump launch 8th edition of Global Entrepreneurship Summit in Hyderabad

Qwikcilver partners with Samsung Pay for gift card store

MUMBAI: Prepaid and gift card solution provider Qwikcilver has partnered with Samsung to launch the gift card store on Samsung Pay, where consumers will have access to gift cards from over 20 brands. Qwikcilver will be managing all the gift cards from end to end.

You can read more here: Qwikcilver partners with Samsung Pay for gift card store

Bosch Cordless Rotary Hammer Review

When it comes to concrete Bosch is one of the frontrunners in this area.  When you talk with anyone doing demolition work, they can tell you a story about their Bosch.  Here’s one.

You can read more here: Bosch Cordless Rotary Hammer Review

Boeing launches 'HorizonX India Innovation Challenge' for startups

HYDERABAD: Boeing launched an innovation competition which encourages startups to propose solutions to tackle complex challenges in the areas of autonomous and unmanned systems, and artificial intelligence. The US-based aerospace giant launched the 'Boeing HorizonX India Innovation Challenge 1.

You can read more here: Boeing launches 'HorizonX India Innovation Challenge' for startups

Delhi’s Pollution Crisis and its Impact on Business

Early this November, India's capital city, Delhi, was engulfed in a toxic smog for over a week. Here we explore some of the contributing factors behind the city's worsening air quality, measures to tackle it, and the impact on businesses.

The post Delhi’s Pollution Crisis and its Impact on Business appeared first on India Briefing News.

Consumer should decide what is good and what is bad: Trai chief

Trai Chairman RS Sharma says the net neutrality recommendations basically say internet access providers should not discriminate on access to internet resources in any manner, whether by way of pricing or otherwise. Excerpts from an interview with ETNow.

You can read more here: Consumer should decide what is good and what is bad: Trai chief

Coal India to raise executive salaries at a cost of Rs 800 crore

Coal India Ltd, the world's largest coal miner, will pay its executives about Rs 800 crore ($124.08 million) in salary rises retroactive from January this year, interim chairman Gopal Singh told Reuters.

You can read more here: Coal India to raise executive salaries at a cost of Rs 800 crore

Capital Float partners with StoreKing to extend credit to rural India

MUMBAI: Rural retail commerce provider StoreKing has partnered with digital lending platform Capital Float to meet the credit demand in the rural market by providing working capital loans to small retailers.

You can read more here: Capital Float partners with StoreKing to extend credit to rural India

Amazon launches special store for women entrepreneurs

MUMBAI: American online retailer Amazon has launched a new programme--Amazon Saheli--aimed at empowering and enabling women entrepreneurs across the country to sell their products on the its marketplace.

You can read more here: Amazon launches special store for women entrepreneurs

Might miss 2020 revenue target of Rs 10,000 crore: Saugata Gupta, Marico

In a chat with ET Now, Saugata Gupta, MD & CEO of Marico says the company had one or two quarters where sales performance was relatively muted due to external circumstances. Edited excerpts ET Now: Recent data points suggest that with good monsoons, higher MSPs, green shoots are visible.

You can read more here: Might miss 2020 revenue target of Rs 10,000 crore: Saugata Gupta, Marico

Shubh Loans partners with DMI Finance to take credit to the underserved population of India

MUMBAI: Mobile phone based lending platform Shubh Loans,has partnered with financial services platform DMI Finance, to strengthen the credit lending reach to the underserved population of India.

You can read more here: Shubh Loans partners with DMI Finance to take credit to the underserved population of India

Financials, auto, consumers better places for bottom-up investing: Prateek Agarwal

In the banking space, expect a spike from the lender focussed on corporate lending, and expect compounding from the ones focussed on retail lending, says Prateek Agarwal, ASK Investment Manager. Excerpts from his interview with ETNow.

You can read more here: Financials, auto, consumers better places for bottom-up investing: Prateek Agarwal

Stay invested in Bharat 22 ETF for 3-5 years to get full benefit: Nimesh Shah

In a chat with ET Now, Nimesh Shah, MD & CEO, ICICI Prudential AMC says companies in Bharat 22 ETF have been selected with a three to five years perspective. Edited Excerpts: ET Now: The response to the ETF has been absolutely stunning.

You can read more here: Stay invested in Bharat 22 ETF for 3-5 years to get full benefit: Nimesh Shah

SoftBank in talks to lead $500 million round in Paytm Mall

MUMBAI:Online marketplace Paytm Mall has held initial talks with Japanese investment giant SoftBank for leading a $500-600 million financing round, two people privy to the deal discussions said.

You can read more here: SoftBank in talks to lead $500 million round in Paytm Mall

In search of the next ‘50 Shades of Grey’, a self-publishing startup has the perfect success script

Within hours of making its debut on Hong Kong Stock Exchange, the shares of a Chinese technology startup surged 100% over its issue price of HK$55 per share. This is one of the biggest tech IPOs the world has seen this year.

You can read more here: In search of the next ‘50 Shades of Grey’, a self-publishing startup has the perfect success script

Singapore social startups build a niche market in India

BENGALURU: “In the Muzzaffarnagar riots, in 2013 around 50,000 people were rendered homeless and around 60 died. I travelled to see how we could save these children from the cold that they were dying from.

You can read more here: Singapore social startups build a niche market in India

GST collections in October decline to Rs 83,346 crore

India’s goods and services tax collections fell to Rs 83,346 crore in October, from more than Rs 90,000 crore in each of the first three months after the new tax regime was rolled out on July 1. So far, 95.9 lakh taxpayers have registered under GST, of which 15.

You can read more here: GST collections in October decline to Rs 83,346 crore

SoftBank is said to seek Uber stock at $48 bn valuation

SoftBank Group Corp. and a group of investors are said to be trying to buy a big stake in Uber Technologies Inc. at a sizable discount to the ride-hailing company’s $69 billion valuation, seeking to clinch what would be one of the largest ever purchases of stock in a private company.

You can read more here: SoftBank is said to seek Uber stock at $48 bn valuation

To break YouTube’s stranglehold on video, rival bets on cryptocurrencies

Adi Sideman, the chief executive officer of the live-streaming startup YouNow, spends his days hawking a new form of digital currency.

You can read more here: To break YouTube’s stranglehold on video, rival bets on cryptocurrencies

Flipkart woos sellers with more initiatives

Flipkart is rolling out a number of initiatives for its seller partners, including reduced commissions and a soon-to-be launched benefits scheme for merchants exclusive to its platform as the e-commerce giant looks to stay ahead of its rival Amazon.

You can read more here: Flipkart woos sellers with more initiatives

Facebook unveils programmes to boost virtual reality in India

HYDERABAD: Social media giant Facebook today unveiled two new programmes for startups and engineering students in India, aimed at promoting new-age technologies like virtual reality (VR).

You can read more here: Facebook unveils programmes to boost virtual reality in India

Student accommodation startup Stanza Living raises Rs 13 crore

MUMBAI: After betting big on budget hotels, India’s venture capital ecosystem has its eyes now trained on shared accommodations for students and millenials just starting out their careers.

You can read more here: Student accommodation startup Stanza Living raises Rs 13 crore

Gaja Capital leads Rs 85-cr investment in Chumbak Design

NEW DELHI: Mid-market private equity firm Gaja Capital has led a ?85-crore investment round in lifestyle venture Chumbak Design. This is the Mumbai-based investor’s sixth transaction from its new fund.

You can read more here: Gaja Capital leads Rs 85-cr investment in Chumbak Design

Winning idea came out of a pain point: Abhiraj Bhal, CEO, UrbanClap

UrbanClap is our second attempt at building a company. Raghav Chandra was running an auto ride-sharing app called Buggy.in based out of Noida for a year.

You can read more here: Winning idea came out of a pain point: Abhiraj Bhal, CEO, UrbanClap

It’s still no country for women entrepreneurs

BENGALURU: Ivanka Trump, daughter of US President Donald Trump, highlighted a key aspect of the Global Entrepreneurship Summit she will be attending this week — this is the first time in the startup event’s eight years that there will be more women participants than men, comprising 52%.

You can read more here: It’s still no country for women entrepreneurs

New chairman, members elected to AHFA Board of Directors

  Gat Caperton, CEO of Gat Creek Furniture, was elected first vice chairman, and Jeb Bassett, senior vice president of Bassett Furniture’s wood division, was elected second vice chairman.   The new officers assume their posts on Jan.

You can read more here: New chairman, members elected to AHFA Board of Directors

Founders of Flipkart Sachin Bansal and Binny Bansal booked for 'cheating' businessman

BENGALURU: E-commerce major Flipkart founders Sachin Bansal and Binny Bansal and three employees of the company have been booked for allegedly cheating a businessman of Rs 9.96 crore by not clearing the dues the company owed him towards 12,500 laptops he had supplied.

You can read more here: Founders of Flipkart Sachin Bansal and Binny Bansal booked for 'cheating' businessman

Coal ministry invites candidates for Coal India chairman’s post

KOLKATA: The coal ministry which has formed a search committee for finding a chairman for Coal India has finally invited applications from suitable candidates last week.

You can read more here: Coal ministry invites candidates for Coal India chairman’s post

SOBHA Limited to launch project in Kochi in co-ownership with Puravankara

KOCHI: SOBHA Limited is all set to develop a super luxury waterfront residential project here in co-ownership with Puravankara. The project, Marina One, is planned in an area of 16.7 acres at the Marine Drive, Kochi. It will comprise 12 towers and a total of 1141 luxury apartments.

You can read more here: SOBHA Limited to launch project in Kochi in co-ownership with Puravankara

Indian steel firms can meet railways' needs - government panel

NEW DELHI: Indian steel companies can meet the needs of the country's railways and local rail market entrants such as Jindal Steel and Power Ltd should be given a chance, a government panel said in a document seen by Reuters.

You can read more here: Indian steel firms can meet railways' needs - government panel

Jacobs Engineering Ends Fiscal 2017 with Record Backlog, CH2M Acquisition Near

SUGAR LAND--November 22, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Engineering, procurement and construction (EPC) giant Jacobs Engineering Group Incorporated (NYSE:JEC) (Dallas, Texas) reported an all-time-high backlog for its 2017 fiscal year, as sequential revenues grew

You can read more here: Jacobs Engineering Ends Fiscal 2017 with Record Backlog, CH2M Acquisition Near

Adani may not receive 900 million dollars government loan

MELBOURNE: Indian energy giant Adani's controversy-hit Carmichael coal mine project in Australia may not receive a 900 million dollar loan after the Labour party- led Queensland government said it will exercise its veto to not support the financial assistance. The 16.

You can read more here: Adani may not receive 900 million dollars government loan

Klein Light Meter Review

When it comes to electricians and their tools, Klein is one of the most trusted brands in the world.  They have been making quality tools for over 150 years.

You can read more here: Klein Light Meter Review

Bank of Baroda's new digital Supply Chain Finance solution to accelerate working capital opportunities for MSMEs

Small and Medium Enterprises (SMEs) has demonstrated high demand for finance, particularly debt, but of their total financial requirement, over three fourth is either self-financed or comes from informal sources.

You can read more here: Bank of Baroda's new digital Supply Chain Finance solution to accelerate working capital opportunities for MSMEs

S&P unduly conservative in ratings review for India, says Bhattacharya

Saugata Bhattacharya, Economist , Axis Bank , says one is still unsure about what the Centre’s fisc is likely to be, despite the statements that indicate they are going to be very restrained. Excerpts from an interview with ETNow .

You can read more here: S&P unduly conservative in ratings review for India, says Bhattacharya

Govt shot in the foot by making IBC terms so exclusive: Mythili

Mythili Bhusnurmath , Consulting Editor, ET NOW, says the changes in the Insolvency and Bankruptcy Code are quite draconian and the government may have ruled out a whole host of buyers who might otherwise have been able to bring value to the entire process.

You can read more here: Govt shot in the foot by making IBC terms so exclusive: Mythili

Flipkart tweaks seller policy; gets mixed reviews from merchants

BENGALURU: Flipkart has tweaked its seller policy by lowering commission by 5% for items priced below Rs 300 across many categories. The new commissions were implemented earlier this month.

You can read more here: Flipkart tweaks seller policy; gets mixed reviews from merchants

Initial rise in inflation to benefit earnings, equities: Anand Shah, BNP Paribas MF

Improvement in macroeconomics is behind us, says Anand Shah, Deputy CEO & CIO at BNP Paribas MF . In an interview to ET Now, Shah said that any rise in inflation would be positive for equities and corporate earnings initially. Edited excerpts:

You can read more here: Initial rise in inflation to benefit earnings, equities: Anand Shah, BNP Paribas MF

Eggs market to stabilise in 6 months: B Venkatesh Rao, Venky's India

In a chat with ET Now, B Venkatesh Rao, MD, Uttara Foods & Feeds (Venky's India) says the eggs market will see overproduction in few months. Edited Excerpts.

You can read more here: Eggs market to stabilise in 6 months: B Venkatesh Rao, Venky's India

Uber execs travel world to reassure regulators after controversies

TOKYO: Uber executives are travelling the globe to reassure regulators that the company is changing the way it does business, after a string of controversies hurt the ride-hailing firm's reputation, its Asian head said on Monday.

You can read more here: Uber execs travel world to reassure regulators after controversies

'Coal import may see further dip on self-sufficiency push'

NEW DELHI: Global rating agency Fitch has said India's dependency on imported coal may continue to decline as the government moves ahead on the path of self- sufficiency. In September, the import went up temporarily as generators stocked up the fossil fuel ahead of winter, it said.

You can read more here: 'Coal import may see further dip on self-sufficiency push'

Time for ALL, Tata Motors; Maruti, Eicher have had their run: Tandon

While the US market is in some sort of an euphoria; with stretched valuations, sharply declining liquidity, an all-time high risk appetite, we cannot say the same for China or India, says Sandeep Tandon, MD & CEO, Quant Broking . Excerpts from an interview with ETNow.

You can read more here: Time for ALL, Tata Motors; Maruti, Eicher have had their run: Tandon

SME sector likely to come out a winner post demonetisation: WASME

SMEs are said to contribute around 8% to India's GDP and around 45% of the country's manufacturing output. Yet, a large part of this sector remains unorganised, battling sundry issues - political, social, and financial.

You can read more here: SME sector likely to come out a winner post demonetisation: WASME

Hyderabad gears up to host Global Entrepreneurship Summit

HYDERABAD: The city is decked up to host the Global Entrepreneurship Summit (GES), which will be inaugurated by Prime Minster Narendra Modi tomorrow. US President Donald Trump's daughter and advisor Ivanka Trump will lead a delegation from her country at the three-day event.

You can read more here: Hyderabad gears up to host Global Entrepreneurship Summit

Chinese fashion e-tailers see increased demand from Indians

MUMBAI: While a number of specialised Indian fashion etailers get muscled out by the heavyweights Myntra-Jabong and Amazon, a clutch of Chinese cross-border sites are starting to attract Indian shoppers by offering low-priced fast fashion products.

You can read more here: Chinese fashion e-tailers see increased demand from Indians

Govt begins review of tax, other norms for startups

NEW DELHI: The government is reviewing the regime for startups in a bid to make it more attractive for entrepreneurs, especially on the tax front.

You can read more here: Govt begins review of tax, other norms for startups

A robot as a child's companion? Emotix's Miko takes baby steps

Robotics may be shaping the future of retail with global giants Walmart and Amazon packing the best of automation and AI in their warehouses, but this disruption seems to be missing in the domestic space.

You can read more here: A robot as a child's companion? Emotix's Miko takes baby steps

Larsen & Toubro's construction arm bags orders worth Rs 3,572 crore

NEW DELHI: Larsen & Toubro (L&T) today said its construction arm has won orders worth Rs 3,572 crore across business segments. L&T said transportation and infrastructure business has bagged order an worth Rs 1,358 crore from Bangalore International Airport Ltd.

You can read more here: Larsen & Toubro's construction arm bags orders worth Rs 3,572 crore

Once bitten, firms hiring at IITs fight shy of startup tag

MUMBAI: Startups are facing an identity crisis. A year after the IITs blacklisted 20-odd young businesses and barred them from participating in annual placements, these companies are shying away from the startup tag.

You can read more here: Once bitten, firms hiring at IITs fight shy of startup tag

Promoters of some small companies escape tight insolvency norms

Mumbai: Promoters of at least four small companies managed to pass their resolution plans before New Delhi tweaked the bankruptcy code, limiting the ability of erstwhile defaulting owners from buying back their assets at the conclusion of time-bound recovery proceedings.

You can read more here: Promoters of some small companies escape tight insolvency norms

Traders say delay of billions in tax refunds slows India exports

India’s exporters are a worried lot. Four months after India’s biggest tax overhaul, traders are still waiting for 500 billion rupees ($7.7 billion) they say the government owes them in refunds, leaving them short of operating capital as overseas sales suffer.

You can read more here: Traders say delay of billions in tax refunds slows India exports

Indian vendors ship over 1.5 million products for Black Friday sale at Amazon US

BENGALURU: Indian ecommerce sellers have shipped over 1.5 million products to Amazon’s warehouses in the US for the big shopping weekend starting with Black Friday to Cyber Monday.

You can read more here: Indian vendors ship over 1.5 million products for Black Friday sale at Amazon US

For many Indian merchants selling on Amazon.com is more lucrative than on Amazon India

MUMBAI: Americans shopping on Amazon.com this holiday season may find that the best deals for popular gifts like leather shoes and luxury bedding are coming from an unexpected source: Indian merchants.

You can read more here: For many Indian merchants selling on Amazon.com is more lucrative than on Amazon India

5 startups that VCs think will boom in 2018

2018 is almost upon us and so it is once again time to predict which startups will take the tech industry by storm next year. Who better to ask than the startup experts, the VCs that watch the industry, guide the startups, hear their pitches, and invest in them?

You can read more here: 5 startups that VCs think will boom in 2018

If growth were to come back... market could go up over 10%: Geoffrey Dennis

The sovereign rating upgrade of India by Moody’s is unlikely to make a big difference to foreign inflows into the country’s equity market but factors such as land reforms, fall in oil prices and return of the Modi government in 2019 elections could bring them back in a big way, said Geoffrey Den

You can read more here: If growth were to come back... market could go up over 10%: Geoffrey Dennis

Sachin Tendulkar-backed Smaaash Entertainment raises Rs 25 crore

MUMBAI|BENGALURU: Sachin Tendulkar-backed sports-based entertainment company Smaaash Entertainment has raised Rs 25 crore from consumer companies-focused investment firm Sixth Sense Ventures.

You can read more here: Sachin Tendulkar-backed Smaaash Entertainment raises Rs 25 crore

Myntra inches closer to profitability; sets target to reach $2.7-billion GMV run rate by FY19-end

MUMBAI: Online fashion marketplace Myntra is inching closer to profitability in the current financial year, underpinned by robust topline growth at group entities that together have more 40% share of India’s web-based fast-fashion industry.

You can read more here: Myntra inches closer to profitability; sets target to reach $2.7-billion GMV run rate by FY19-end

View: Serve-in-India not Make-in-India is need of the hour

Two decades ago, a few of my colleagues and I were researching the changing nature of work in the US.

You can read more here: View: Serve-in-India not Make-in-India is need of the hour

B2B ecomm firms see the goods in kirana solutions

Bengaluru: In August, Nandan Nilekani-backed B2B ecommerce startup ShopX was approached by Marico to stock and distribute the consumer goods giant’s new range of deodorants at local stores in small towns and cities.

You can read more here: B2B ecomm firms see the goods in kirana solutions

Hotel chain appoints furniture and materials buying agent

SHANGHAI - Acorn International, Inc. (NYSE: ATV)  says it entered a deal to handle furnishings and materials purchases for Cachet Hotel Group, an international hospitality branding and management company.

You can read more here: Hotel chain appoints furniture and materials buying agent

Top 5 steel companies in bankruptcy process face Rs 2.09 lakh crore claims

MUMBAI: Five steel companies referred to the bankruptcy courts in the first batch are seeing more than Rs 2.09 lakh crore of claims, with many coming from their group firms that have been suppliers to the defaulters, data compiled by ET show.

You can read more here: Top 5 steel companies in bankruptcy process face Rs 2.09 lakh crore claims

Jindal stainless, 2 others to invest Rs 1,640 crore in three parks in Odisha

Jindal Stainless Steel, Gitanjali Infratech and Welspun Ltd will invest Rs 1,640 crore to set up three private industrial parks in Odisha. The state government late on Friday approved the proposals to set up the parks, which are expected to generate 7,900 direct and indirect jobs.

You can read more here: Jindal stainless, 2 others to invest Rs 1,640 crore in three parks in Odisha

NHAI gets notice for not controlling dust pollution

RAIPUR: A Chhattisgarh government agency has accused the National Highways Authority of India (NHAI), engaged in the construction of Raipur-Bilaspur highway, of violating air pollution control norms.

You can read more here: NHAI gets notice for not controlling dust pollution

Pujas to pilgrimages -- these startups are disrupting spirituality

CHENNAI: Spirituality has always drawn people from across the world to India — and it's now drawing entrepreneurs who see opportunity in using technology to connect devotees to their places of worship.

You can read more here: Pujas to pilgrimages -- these startups are disrupting spirituality

No detailed dialogue on extension of trading hours undertaken so far: Vikram Limaye, NSE

Cash markets need not remain opened for long extended hours, says Vikram Limaye, MD & CEO at National Stock Exchange of India. In an interview with Nikunj Dalmia of ET Now, Limaye bats for opening of F&O market for extended hours in a limited way: Edited excerpts:

You can read more here: No detailed dialogue on extension of trading hours undertaken so far: Vikram Limaye, NSE

Yet to see full benefits on DeMo, GST: Ravi Bhatia, S&P

It's not one but a combination of factors that restricted S&P upgrade India's sovereign rating, says Ravi Bhatia, Director at S&P. In an interview to ET Now , Bhatia said the rating agency was yet to see full benefits of the cash ban and GST. Edited excerpts:

You can read more here: Yet to see full benefits on DeMo, GST: Ravi Bhatia, S&P

Jeff Bezos's fortune hits $100 billion on Black Friday stock surge

The Amazon.com Inc. founder’s fortune is up $2.4 billion to $100.3 billion, as the online retailer’s shares jumped more than 2 percent on optimism for Black Friday sales. Online purchases for the day are up 18.

You can read more here: Jeff Bezos's fortune hits $100 billion on Black Friday stock surge

Fewer GST slabs possible in future, says CEA Subramanian

Chief Economic Adviser (CEA) Arvind Subramanian today said going forward the Goods and Services Tax (GST) may "probably" have fewer rates by "collapsing" 12 per cent and 18 per cent tax slabs into one.

You can read more here: Fewer GST slabs possible in future, says CEA Subramanian

Laggard sectors may perform well but look for safety: Dipan Mehta

Investors need to be a bit cautious and deploy addition money only on market corrections says Member BSE & NSE, Dipan Mehta . In an interview to ET Now , Dipan says he would not be surprised if some of the underdog sectors such as IT and pharmaceutical see a rally ahead. Edited Excerpts:

You can read more here: Laggard sectors may perform well but look for safety: Dipan Mehta

Profit or growth? Tata Sons' R Gopalakrishnan spells out what should drive Indian businesses

R Gopalakrishnan is renowned in the world of business. With decades of experience, he is not just an executive director of Tata Sons Ltd, but also serves as a director on the board of Tata Power, Tata Technologies, ABP Pvt. Ltd, Castrol India and AkzoNobel India.

You can read more here: Profit or growth? Tata Sons' R Gopalakrishnan spells out what should drive Indian businesses

No signals of correction; Dish TV, Aurobindo Pharma look good trading bets: Kunal Bothra

Nifty50's consolidation seems to be getting over, says Kunal Bothra, an Independent Market Analyst . In an interview to ET Now , Bothra said that sectoral churning is making traders a bit nervous. Edeited Excerpts:

You can read more here: No signals of correction; Dish TV, Aurobindo Pharma look good trading bets: Kunal Bothra

How two Indian biking companies are helping ease Bangalore's traffic woes

India's cities are growing faster than what their public transport systems can keep up with. In a city like Bangalore, for example, the growth is at 10%, third only to Surat and Ahmedabad. The city limits have grown threefold - from 226 sq.km to 709 sq.km in less than two decades.

You can read more here: How two Indian biking companies are helping ease Bangalore's traffic woes

Anthill Ventures puts $1 million in Raybaby

HYDERABAD: Singapore-headquartered Anthill Ventures has agreed to co-invest around $1 million (about Rs 6.5 crore) in artificial intelligence-based startup Raybaby launched by241.24 m a team of women that developed the world’s first non-contact vital baby monitor.

You can read more here: Anthill Ventures puts $1 million in Raybaby

Recent policy steps bode well for earnings: Anish Damania, IDFC Securities

Earnings momentum of Indian companies are showing signs of picking up, said Anish Damania , head-institutional equities at IDFC Securities . In an interview with ET Now on the sidelines of its investor conference, Damania said there is investor interest in public sector companies.

You can read more here: Recent policy steps bode well for earnings: Anish Damania, IDFC Securities

Experts stress on skilling graduates for analytics jobs

Advocating public-private partnerships to improve India's employment ratio, academic and industry experts on Friday stressed on skilling engineering graduates in analytics for better job prospects.

Better than GPS: This digital address is pinpoint accurate, ensure you never get lost

How many times has the gentle voice of the GPS (Global Positioning System) on your mobile phone guided you straight into a wall? Or, how many times have you patiently explained the direction of your house to a delivery boy even after sharing your location?

You can read more here: Better than GPS: This digital address is pinpoint accurate, ensure you never get lost

Tips to help SMBs build an effective online presence

Digital adoption by Indian SMBs has traditionally been extremely low. However, adoption of advanced business digital technologies can help them increase revenues by up to 27 percent according to an ASSOCHAM-Deloitte joint study.

You can read more here: Tips to help SMBs build an effective online presence

PROJECT: Cribbage Board

Although often called a “gentleman’s game,” cribbage is something even a couple of shop rats Here we provide a cribbage board plan with a twist!

You can read more here: PROJECT: Cribbage Board

Trump Tower launched in Kolkata; developers aim Rs 700 crore sales

The iconic Trump Tower comprising 140 ultra-luxury apartments has been been launched in Kolkata and its Indian developers are expecting to garner around Rs 700 crore in sales from this project.

You can read more here: Trump Tower launched in Kolkata; developers aim Rs 700 crore sales

Jindal Steel could win a slice of rail tender: Sources

The world's fourth-largest rail system is undergoing a five-year overhaul to replace ageing tracks, improve efficiency and end a spate of deadly train accidents, including one on Friday.

You can read more here: Jindal Steel could win a slice of rail tender: Sources

Hang on to cement stocks as long-term investment: Yogesh Mehta, Motilal Oswal Securities

Talking to ET Now, Yogesh Mehta, Motilal Oswal Securities , says the story will remain intact. The consumption and the volume growth will remain in the range of at least 6 to 8 percentage point for next financial year. Are Infosys valuations attractive?

You can read more here: Hang on to cement stocks as long-term investment: Yogesh Mehta, Motilal Oswal Securities

Black Friday Power Tool Deals

Black Friday is here and now is your chance to get some pretty good deals from the comfort of your home.  If you find other deals, post them below so we can all benefit from them because after all, who doesn’t like to rack up their credit card debt?

You can read more here: Black Friday Power Tool Deals

We will be at a historical low of debt equity by 2019 -2020: Kenneth Andrade, Old Bridge Capital

Talking to ET Now, Kenneth Andrade , Founder & CIO, Old Bridge Capital Management , says 2019 would be a year where if everything remains in a steady state, India’s corporate debt equity will hit all-time low and that is because of the cash flow cycle and the absence of capex.

You can read more here: We will be at a historical low of debt equity by 2019 -2020: Kenneth Andrade, Old Bridge Capital

Bankruptcy Code Amendments, Logistics Gets Infrastructure Status – India Regulatory Brief

In this week's Regulatory Brief, we cover the latest amendments to the Insolvency and Bankruptcy Code, which will be implemented by government ordinance; the shocking tax bill issued to IT/ITeS companies; and infrastructure status awarded to the logistics sector.

The post Bankruptcy Code Amendments, Logistics Gets Infrastructure Status – India Regulatory Brief appeared first on India Briefing News.

Expect S&P to follow Moody’s: Mythili Bhusnurmath

Talking to ET Now, Mythili Bhusnurmath, Consulting Editor, ET NOW, says rating agencies like markets usually have a herd mentality and it will be a bigger surprise if S&P goes against the grain. Today S&P is expected to come out with a review of the Indian economy.

You can read more here: Expect S&P to follow Moody’s: Mythili Bhusnurmath

South Korea's Lotte Confectionery to buy Havmor's ice cream business for Rs 1,020 crore

AHMEDABAD: Lotte Confectionery of South Korea made a foray into the Rs 5,000-crore ice cream market in India on Thursday by signing a deal to buy 100% of homegrown ice cream brand Havmor for Rs 1,020 crore in an all-cash deal.

You can read more here: South Korea's Lotte Confectionery to buy Havmor's ice cream business for Rs 1,020 crore

These 3 sectors may see beta play next quarter onwards: Gaurav Mehta, Ambit Asset Management

Talking to ET Now, Gaurav Mehta, Ambit Asset Management , says some corporate facing banks, some of external facing companies in sectors like specialty chemicals and companies moving from unorganised to organised like those in home building sector would do well.

You can read more here: These 3 sectors may see beta play next quarter onwards: Gaurav Mehta, Ambit Asset Management

Uber to partner with Mahindra for electric vehicles in India

MUMBAI: Ride-hailing firm Uber Technologies will partner with automaker Mahindra and Mahindra to add electric vehicles on its platform in India, the two companies said in a statement on Friday.

You can read more here: Uber to partner with Mahindra for electric vehicles in India

Here's what you can do if a restaurant overcharges even after the GST rate cut

The government may have slashed Goods and Services Tax (GST) rates of 178 products last week, but entities are finding some dubious ways of not passing on this benefit to you, the consumer. Have a look at what restaurants are doing after GST rates were slashed.

You can read more here: Here's what you can do if a restaurant overcharges even after the GST rate cut

For investing in infra, follow the government strategy: Vinayak Chatterjee, Feedback Infra

Talking to ET Now, Vinayak Chatterjee, Feedback Infra , says the stocks of most EPC contracting companies in roads, highways, water, irrigation, railways etc. are doing better than the general stock market index.

You can read more here: For investing in infra, follow the government strategy: Vinayak Chatterjee, Feedback Infra

Go contra on these 2 sectors for next 2-3 years: Krishna Kumar Karwa, Emkay Global

Now for the year gone by, do you think best of the gains are behind us. When I say year gone by, we still have about a month left.

You can read more here: Go contra on these 2 sectors for next 2-3 years: Krishna Kumar Karwa, Emkay Global

Butt really? Karma Tips wants to save the planet - one cigarette at a time

Long before pollution took everybody's breath away, two travellers found themselves choked up at the sight of what they thought was one of the few uncorrupted places on the earth.

You can read more here: Butt really? Karma Tips wants to save the planet - one cigarette at a time

Two sectors to make money on in 2018: Amit Khurana, Dolat Capital

Talking to ET Now, Amit Khurana, Head Equites & Head of Research, Dolat Capital Market Pvt. Ltd , says he is bullish on cement and two-wheeler sectors in 2018. Are we still good to go for a last hurrah before the year ends or this is as good as it gets for 2017?

You can read more here: Two sectors to make money on in 2018: Amit Khurana, Dolat Capital

Here's how IIT Madras has become a haven for startups

Tarun Mehta and Swapnil Jain, classmates from the Indian Institute of Technology-Madras, were barely into their first jobs when they decided to build a new design for lithium ion batteries. Mehta remembered a couple of college seniors starting businesses with the help of IIT-M.

You can read more here: Here's how IIT Madras has become a haven for startups

Farm, healthcare innovators make pitch at Bennett Varsity

NEW DELHI: The Ninth India Innovation Initiative workshop and pitch session for the northern region, held recently at Bennett University, saw participants from the healthcare, agriculture and technology sectors.

You can read more here: Farm, healthcare innovators make pitch at Bennett Varsity

We were the first to break industry-academia barrier: Ashok Jhunjhunwala, Co-chairman, IIT-M Incubation Cell

Ashok Jhunjhunwala was among a few academicians responsible for the establishment of the Telecommunications and Computer Networks, or TeNet, group—the predecessor to the IIT-M Incubation Cell.

You can read more here: We were the first to break industry-academia barrier: Ashok Jhunjhunwala, Co-chairman, IIT-M Incubation Cell

New Uber CEO Dara Khosrowshahi keeps finding horrors at every turn

The appointment of Dara Khosrowshahi as head of Uber Technologies this summer was supposed to mark the beginning of a new chapter.

You can read more here: New Uber CEO Dara Khosrowshahi keeps finding horrors at every turn

New insolvency ordinance: Will it hurt small companies?

MUMBAI/KOLKATA: Debt resolution for smaller companies may see higher challenges and number of companies going for liquidation may rise once the proposed changes to the Insolvency and Bankruptcy Code (IBC) become a law, resolution professionals dealing with smaller companies said.

You can read more here: New insolvency ordinance: Will it hurt small companies?

Zoomcar ties up with Mahindra Electric for e-vehicle in Hyderabad

HYDERABAD: Mahindra group's e-vehicle arm Mahindra Electric today said it has partnered with car rental firm firm Zoomcar, wherein the former's twenty e2oPlus vehicles will be deployed on the latter's platform here.

You can read more here: Zoomcar ties up with Mahindra Electric for e-vehicle in Hyderabad

On investment, the interest in India is unprecedented: Suresh Prabhu

Suresh Prabhu is confident of domestic investment picking up soon and that global interest in India’s investment story is unprecedented. He tells ET an interview that the govt is fixing regulatory challenges but issues on taxation remain. Edited excerpts:

You can read more here: On investment, the interest in India is unprecedented: Suresh Prabhu

With Flipkart, Amazon holding sway, ShopClues has a crucial year ahead

NEW DELHI: The next 12 months are likely to be crucial for ShopClues, as the Tiger Global-backed managed marketplace prepares to face, and potentially stave off, increased competition from two of India’s biggest ecommerce companies — Flipkart and Amazon.

You can read more here: With Flipkart, Amazon holding sway, ShopClues has a crucial year ahead

Italian Investment into India

In the 2015 financial year, Italian companies invested US$334.7 million dollars into India. In this article, we explain how India's Tier II cities are attracting Italian manufacturers while highlighting the active role Italy can play in India's "Smart Cities" Initiative.

The post Italian Investment into India appeared first on India Briefing News.