All evidence suggest unorganised sector, SMEs worst hit by demonetisation: Arun Kumar

Arun Kumar is a renowned authority on the black economy. The economist taught at the Centre for Economic Studies and Planning at Jawaharlal Nehru University and had also helped former Indian Prime Minister VP Singh draft his election manifesto.

You can read more here: All evidence suggest unorganised sector, SMEs worst hit by demonetisation: Arun Kumar

Ola teams up with Microsoft for connected vehicle platform

NEW DELHI: Ride hailing app Ola on Tuesday announced a global partnership with tech giant Microsoft for building a new-age 'connected vehicle platform' for car manufacturers worldwide.

You can read more here: Ola teams up with Microsoft for connected vehicle platform

Here are 2 trading bets for 2-3 years from Madhav Dhar, GTI Capital

Talking to ET Now, Madhav Dhar, GTI Capital, says top 3 PSU bank stocks and real estate stocks offer good trading bets for 2-3 years. I spoke to Russel Napier a few weeks back and he said he would not buy a public sector bank anywhere in the world unless it was being privatised.

You can read more here: Here are 2 trading bets for 2-3 years from Madhav Dhar, GTI Capital

Demonetisation: Indian SMEs suffered a blow, still struggling to find their footing

Demonetisation - a move which was initially seen as a "masterstroke" in Indian political history that would have eliminated a parallel black economy in India, has rendered itself to be a volatile, fruitless and almost fatal for most MSMEs in the country.

You can read more here: Demonetisation: Indian SMEs suffered a blow, still struggling to find their footing

Amazon launches first edition of AmazeWIT conference for women techies

BENGALURU: Amazon has launched the first edition of AmazeWIT – Amazon Women in Technology Conference 2017 in Bengaluru, being held on Tuesday. The conference is geared towards women who are considering a profession in technology, or those already flourishing in the sector.

You can read more here: Amazon launches first edition of AmazeWIT conference for women techies

Next 10-15 years will be incredible and it will shock people: Madhav Dhar, GTI Capital

Talking to ET Now, Madhav Dhar, GTI Capital , says the massive secular trend is India growth for 10-15 years, financial asset proliferation in India for 10-15 years. You want to be in the intersection set of those two big trends so you could play it many ways.

You can read more here: Next 10-15 years will be incredible and it will shock people: Madhav Dhar, GTI Capital

Silicon Valley incubator Y Combinator to back 18 Indian startups this year

SAN FRANCISCO: Sam Altman, the president of Silicon Valley's most influential startup incubator Y Combinator, is doubling down on India at a time when many investors have gone slow.

You can read more here: Silicon Valley incubator Y Combinator to back 18 Indian startups this year

3 pharma stocks Deven Choksey is betting on

Talking to ET Now, Deven Choksey , MD, KR Choksey Investment Managers , says his portfolio includes Cipla, Sun Pharma and Glenmark as these companies are turning from pure generic plays to speciality plays.

You can read more here: 3 pharma stocks Deven Choksey is betting on

AI researchers leave Elon Musk lab to begin robotics startup

EMERYVILLE: During a recent speech at the University of California, Berkeley, Pieter Abbeel played a video clip of a robot doing housework. In the clip recorded in 2008, the robot swept the floor, dusted the cabinets, and unloaded the dishwasher.

You can read more here: AI researchers leave Elon Musk lab to begin robotics startup

For business, India’s at least gotten a bit easier

comment below.

Details: For business, India’s at least gotten a bit easier

For business, India’s at least gotten a bit easier

comment below.

Details: For business, India’s at least gotten a bit easier

For business, India’s at least gotten a bit easier

comment below.

Details: For business, India’s at least gotten a bit easier

Symbiotic leads Rs 32-cr debt funding in Aye Finance

NEW DELHI: Geneva-based development finance institution Symbiotics Group has led a Rs 32-crore debt funding round in micro and small sector lender Aye Finance. This takes the total funds raised by the Gurgaon-based startup in this financial year to about Rs 200 crore.

You can read more here: Symbiotic leads Rs 32-cr debt funding in Aye Finance

Major rejig in GST rates for goods in 28% slab on anvil

NEW DELHI: In a comprehensive overhaul of the four-month-old goods and services tax (GST), the Centre and states are reviewing nearly half of items in the top bracket of 28% and allowing even larger firms to file returns once a quarter instead of every month.

You can read more here: Major rejig in GST rates for goods in 28% slab on anvil

Culture and diversity are the core to building a startup

BENGALURU: In the burgeoning startup world, where speed of execution trumps everything else, must an entrepreneur spend time thinking about diversity and culture? Most certainly, insisted a panel of marquee entrepreneurs and investors at The Economic Times Power Of Ideas event in Bengaluru.

You can read more here: Culture and diversity are the core to building a startup

SoftBank could ditch Uber for Lyft, says Son

NEW YORK: As SoftBank Group negotiations for a stake in Uber Technologies head into the final stretch, Son said on Monday he could still walk away, and perhaps even invest in Uber's rival Lyft. Son said more than half of the stake he's looking to buy will come from existing Uber shareholders.

You can read more here: SoftBank could ditch Uber for Lyft, says Son

ShopClues' FY '17 revenue up 5%, losses decline by 13%

BENGALURU: Snapping the customary two-fold jump that ShopClues has been recording over the past two years, the online marketplace saw its total revenue rise just 5% to Rs 188 crore in FY17, as per the company's financials presented to the Registrar of Companies, sourced through data-tracking p

You can read more here: ShopClues' FY '17 revenue up 5%, losses decline by 13%

Healthcare co DocTalk gets $5m from Matrix and others

BENGALURU: DocTalk, which runs a mobile application to help doctors and patients stay in touch with each other, has raised about $5 million (nearly Rs 32.

You can read more here: Healthcare co DocTalk gets $5m from Matrix and others

Titan invests $5 million in wearable IoT firm CoveIoT

BENGALURU: Titan Company Limited, the Indian luxury goods company that is part of the Tata Group, has invested $3-5 million in wearable tech internet of things (IoT) startup CoveIoT, according to multiple sources aware of the development.

You can read more here: Titan invests $5 million in wearable IoT firm CoveIoT

Infosys cofounder Gopalakrishnan invests in big data co Crayon

BENGALURU: Singapore and Chennai-based big data company Crayon Data has received an undisclosed investment from Infosys cofounder Senapathy (Kris) Gopalakrishnan. The investment is part of Crayon's Series A2 round of funding.

You can read more here: Infosys cofounder Gopalakrishnan invests in big data co Crayon

Engineering services co Axiscades pays Rs 175 cr for electronics firm Mistral Solutions

BENGALURU: Engineering services company Axiscades has acquired Bengaluru-based defence electronics firm Mistral Solutions for Rs 175 crore to enhance its competence in the embedded electronics space.

You can read more here: Engineering services co Axiscades pays Rs 175 cr for electronics firm Mistral Solutions

Home Depot DIY Workshop: Holiday Tree Shelf

I usually have a strict No-Christmas-Stuff-Till-Thanksgiving Rule, but this is too good to pass up! I am so excited to be partnering with my friends at The Home Depot for a fun holiday DIY Workshop project! This holiday season, myself and nine other bloggers will be working to put our spin on

You can read more here: Home Depot DIY Workshop: Holiday Tree Shelf

DIY HVAC Maintenance Tips

There are plenty of practical HVAC maintenance processes which you can do by yourself. You don’t always need to pay an HVAC pro to take care of things for you. Today, we want to help you out by letting you know what you can do on your own.

You can read more here: DIY HVAC Maintenance Tips

Paytm plans to invest another Rs 5,000 crore in wallet business over three years

Bengaluru | Mumbai: Paytm, India's largest online payments and mobile wallet company, will invest another Rs 5,000 crore in the business over the next three years, founder Vijay Shekhar Sharma said, while playing down competition from deep-pocketed global giants including Google.

You can read more here: Paytm plans to invest another Rs 5,000 crore in wallet business over three years

Tata Chemicals to sell Haldia fertiliser business for Rs 375 crore

Tata Chemicals today said its board has approved sale of its Haldia fertiliser unit in West Bengal to Netherlands-based Indorama Holdings BV for Rs 375 crore.

You can read more here: Tata Chemicals to sell Haldia fertiliser business for Rs 375 crore

KCMA could defend EPA in formaldehyde lawsuit

Through the lawsuit, Louisiana-based NGOs Sierra Club and Earthjustice are demanding the EPA be prevented from extending compliance with new regulation. Both groups survived Hurricane Katrina, in which FEMA deployed trailers containing formaldehyde-treated wood products to assist displaced victims.

You can read more here: KCMA could defend EPA in formaldehyde lawsuit

Tata Steel sets up largest coke cooling unit at Kalinganagar

Tata Steel has set up India's largest coke dry quenching (CDQ) facility capable of handling 200 metric tonnes of the hot fuel per hour at its greenfield Kalinganagar steel plant in Odisha. CDQ is a heat recovery system to cool the hot coke from ovens.

You can read more here: Tata Steel sets up largest coke cooling unit at Kalinganagar

High-end furniture maker Theodore Alexander names new CEO

HIGH POINT, N.C. - High-end furniture & case good manufacturer Theodore Alexander has named Doris Phua as its new CEO. Phua replaces Harvey Dondero, who has been leading the company since 2007.    Phua has more than 30 years of luxury furnture industry experience.

You can read more here: High-end furniture maker Theodore Alexander names new CEO

Louisiana groups sue EPA over formaldehyde rule extensions

LOUISIANA - Various non-profit organizations and NGOs throughout Louisiana are suing the Environmental Protection Agency (EPA) for its stalling of formaldehyde rule enforcement. Through the lawsuit, the groups are demanding the EPA be prevented from extending compliance with new regulation.

You can read more here: Louisiana groups sue EPA over formaldehyde rule extensions

OLFA Knife Giveaway – 250 Knives

If you read our OLFA Knife Review, you know how much we love these utility knives.  The knives are comfortable to use, made from quality material and the blades last a long time.  Plus let’s face it, the snap off feature is great.

You can read more here: OLFA Knife Giveaway – 250 Knives

OLFA Knife Review

Let’s face it, everywhere you look you can find some type of utility knife.  Seems like every manufacturer has some knife they are selling.  You can spend anything from $5 up to, well let’s just say a lot.  For me, there are four things I need in a utility knife.

You can read more here: OLFA Knife Review

Startups showcase products and solutions at Second Intel India Maker Lab

"Intel India has been at the forefront of amplifying hardware and systems innovation & entrepreneurship in India.

You can read more here: Startups showcase products and solutions at Second Intel India Maker Lab

I would be positive on PSU banks in next one year: Deepak Shenoy, Capital Mind

Talking with ET Now, Deepak Shenoy , Founder, Capital Mind , says some PSU banks trade at PE of 6-7 lower than book. Of course, you cannot trust the book but a more trustable book is needed to be able to value them properly.

You can read more here: I would be positive on PSU banks in next one year: Deepak Shenoy, Capital Mind

Mahindra Powerol business grows on orders from Reliance Jio

MUMBAI: Mahindra Powerol looks at growing by around 10% this year, riding on orders from Reliance Jio that has uplifted growth prospects for the company in the near term.

You can read more here: Mahindra Powerol business grows on orders from Reliance Jio

RPG Group invests in Rs 4 crore in e-pharmacy MedsOnWay

MUMBAI: RPG Ventures, the venture capitalist arm of RPG Group has invested $600,000 (about Rs. 4 crore) in MedsOnWay, a chronic focused e-pharmacy. The investment is part of RPG Group’s strategy to use RPG Ventures to incubate and build new businesses.

You can read more here: RPG Group invests in Rs 4 crore in e-pharmacy MedsOnWay

Time for a serious reallocation in favour of PSU banks: Mahantesh Sabarad, SBI Cap Securities

Talking to ET Now, Mahantesh Sabarad, Head-Retail Research, SBI Cap Securities , says PSU banks were solely missing in a lot of funds in their portfolio or even from the retail portfolios of certain investors..

You can read more here: Time for a serious reallocation in favour of PSU banks: Mahantesh Sabarad, SBI Cap Securities

Bids moderating now in mineral mine auctions, say secretary

NEW DELHI: After an aggressive phase of bidding for mineral blocks earlier, realism has set in and there is moderation now, Mines Secretary Arun Kumar said today. Replying to a question on the issue of high bids, he said: "There is always time of euphoria and there is always a time of realism.

You can read more here: Bids moderating now in mineral mine auctions, say secretary

Aadhaar Linking in India – Now a Mandatory Requirement

Government has made it mandatory to link Aadhaar to all banking and financial identification and documents, to avail government service. This article lists the accounts and services that must be linked to the 12-digit Aadhaar to avoid discontinuation of services.

The post Aadhaar Linking in India – Now a Mandatory Requirement appeared first on India Briefing News.

Consumption and investment going to be drivers of 8% to 10% growth: Madan Sabnavis, CARE Ratings

Whatever increase is seen in GDP, in the short run it is going to be more on account of better accounting in terms of number of enterprises which were probably not in the mainstream which will have to reveal themselves in order to get the tax credits on the inputs.

You can read more here: Consumption and investment going to be drivers of 8% to 10% growth: Madan Sabnavis, CARE Ratings

Govt may review monthly GST return filing process

NEW DELHI: The government may review the requirement of filing at least three returns every month under the GST regime with a view to easing compliance burden of taxpayers, officials said. Presently, businesses have to file returns in GSTR-1, GSTR-2 and GSTR-3 forms for every month.

You can read more here: Govt may review monthly GST return filing process

High demand from developed nations benefits engineering exports

Indian engineering exports are benefiting from an impressive turnaround in the demand in most of the developed economies, including the US which accounted for an annual growth of 91% in shipments in September this fiscal, along with several other key markets of the Europe, UAE and China, an EEPC Ind

You can read more here: High demand from developed nations benefits engineering exports

Banks have gained from note ban, CASA is up 300 bps: Rajnish Kumar, SBI

Talking to ET Now, Rajnish Kumar, Chairman, SBI, says the cost of doing a digital transaction for the bank is much lower than cost of transaction on an ATM. It is one year and we mark the completion of the note ban process.

You can read more here: Banks have gained from note ban, CASA is up 300 bps: Rajnish Kumar, SBI

Kinara Capital raises $14.5 million in Series C funding

NEW DELHI: Bangalore-based NBFC Kinara Capital on Monday said it has raised $14.5 million in Series C funding from multiple investors which will be deployed to expand its product portfolio and increase investment in technology.

You can read more here: Kinara Capital raises $14.5 million in Series C funding

ONE Co.Work opens new centre in Bengaluru

BENGALURU: Delhi-based startup, ONE Co.Work on Monday announced the opening of its new co-working centre here. The 22,000 sq feet facility is the largest ONE Co.Work centre till date and can house up to 257 entrepreneurs and working professionals on the second floor, the company said in a release.

You can read more here: ONE Co.Work opens new centre in Bengaluru

AMCs could be flavour of the market: Arun Thukral, Axis Securities

Talking to ET Now, Arun Thukral , MD & CEO, Axis Securities , says with the kind of flows the retail investor is now putting into the markets, for first time this year we have seen the independence from the FII flows. Is there money to be made in Reliance AMC?

You can read more here: AMCs could be flavour of the market: Arun Thukral, Axis Securities

Tata Steel sets up Coke Dry Quenching facility at Odisha

KOLKATA: Tata Steel has set up India’s largest Coke Dry Quenching (CDQ) facility at its state-of-the-art greenfield steel plant located at the Kalinganagar, Odisha. CDQ is a heat recovery system to cool the hot coke from coke ovens.

You can read more here: Tata Steel sets up Coke Dry Quenching facility at Odisha

Birla Mutual Fund invests Rs 400 crore in micro-finance company Spandana Sphoorty

NEW DELHI: After exiting the corporate debt restructuring forced on it by the Andhra Pradesh crisis of 2010, micro finance company Spandana Sphoorty Financial Limited has raised a funding of Rs 400 crore from one of the biggest asset managers of the country, Birla Sun Life Asset Mutual Fund.

You can read more here: Birla Mutual Fund invests Rs 400 crore in micro-finance company Spandana Sphoorty

Reliance Nippon Life issue success a thumbs up to govt’s financialisation steps: Sundeep Sikka

Talking to ET Now, Sundeep Sikka , ED & CEO, Reliance Nippon Life AM , says this was first company through which the financial services play could be captured.

You can read more here: Reliance Nippon Life issue success a thumbs up to govt’s financialisation steps: Sundeep Sikka

We have had volume growth as well as value growth: Bhaskar Bhat, Titan

Talking to ET Now, Bhaskar Bhat , MD, Titan , says this could be the first signs of structural shift and that is essentially on account of the formalisation of the economy triggered by GST and before that the demonetisation. Great numbers, congratulations.

You can read more here: We have had volume growth as well as value growth: Bhaskar Bhat, Titan

SoftBank Group Q2 operating profit rises 21percent

TOKYO: Japan's SoftBank Group Corp reported on Monday a 21 percent rise in second-quarter operating profit as its technology investments paid off. Profit for the July-September quarter rose to 395.6 billion yen ($3.46 billion) from 328.1 billion yen a year earlier, the company said.

You can read more here: SoftBank Group Q2 operating profit rises 21percent

HDFC Bank lines up $25-30 million startup fund

NEW DELHI: HDFC Bank, the country's second-largest private lender, is ramping up its focus on startups and has launched a fund to help them access capital as it seeks to expand its footprint in the growing space.

You can read more here: HDFC Bank lines up $25-30 million startup fund

Angel funding back to 2014 pre-hype days

BENGALURU: The number of angel funding deals (of value up to $1.5 million) in 2017, has gone back to the pre-hype days of 2014.

You can read more here: Angel funding back to 2014 pre-hype days

Looking at contra opportunities in pharma and IT: Taher Badshah, Invesco Mutual Fund

In an interview with ET Now, Taher Badshah , CIO (Equities), Invesco Mutual Fund , says pharma is a place where they need to build overweights while in IT, they are reasonably well positioned.

You can read more here: Looking at contra opportunities in pharma and IT: Taher Badshah, Invesco Mutual Fund

GSTN launches new facility for exporters to claim refunds

NEW DELHI: GST Network today said it has introduced a utility Table 6A in Form GSTR1 for exporters to claim refunds.

You can read more here: GSTN launches new facility for exporters to claim refunds

Trade with a 2-3 days’ perspective in Tata Motors long: Yogesh Mehta, Motilal Oswal Securities

Talking to ET Now, Yogesh Mehta, Motilal Oswal Securities , says a further upside of 3-4% from this level is possible. Let us start with Titan.

You can read more here: Trade with a 2-3 days’ perspective in Tata Motors long: Yogesh Mehta, Motilal Oswal Securities

Will building AI that can build AI be a dream or nightmare?

SAN FRANCISCO: They are a dream of researchers but perhaps a nightmare for highly skilled computer programmers: artificially intelligent machines that can build other artificially intelligent machines.

You can read more here: Will building AI that can build AI be a dream or nightmare?

There is a 40% drop in slippages quarter-on-quarter: Rajkiran Rai G, Union Bank of India

Talking to ET Now, Rajkiran Rai G, MD & CEO, Union Bank of India, says losses this quarter are mainly because of front loading of provisions, particularly in accounts related to NCLT. What one wants to understand is a muted NII.

You can read more here: There is a 40% drop in slippages quarter-on-quarter: Rajkiran Rai G, Union Bank of India

Profitability or scalability? Founders & investors weigh in

MUMBAI: While the startup ecosystem burst into action a few years back with technology companies disrupting traditional Indian markets at a rapid pace, the questions that are arising now are sustainability, profitability and scalability.

You can read more here: Profitability or scalability? Founders & investors weigh in

GST could soon be in for the most comprehensive tweak since its launch

NEW DELHI: The goods and services tax could be in for a revamp that’s more comprehensive than the tweaks that have been made thus far to iron out kinks to make compliance less onerous. The GST Council has set up a new advisory group that includes industry representatives to look into such changes.

You can read more here: GST could soon be in for the most comprehensive tweak since its launch

Fosun leads a Rs 67-cr round in fintech startup Kissht

NEW Delhi: Fosun International has led a $10-million (about Rs 67 crore) round of funding in Mumbai-based fintech startup Kissht, marking, in the process, the Chinese diversified conglomerate's fourth such venture investment in India.

You can read more here: Fosun leads a Rs 67-cr round in fintech startup Kissht

Mobile advertising company InMobi plans to target Telcos, e-commerce companies

BENGALURU: Singapore-based mobile advertising company InMobi plans to target e-commerce, smartphone makers and telecom companies with their ad monetisation platform and will continue to focus on their video ad platform and programmatic advertising.

You can read more here: Mobile advertising company InMobi plans to target Telcos, e-commerce companies

Good upside potential for earnings, profit margins in India: Tanguy De Lauzon, Morningstar Investment

Investor appetite for risk remains high globally, es pecially amongst emerg ing markets.

You can read more here: Good upside potential for earnings, profit margins in India: Tanguy De Lauzon, Morningstar Investment

Hevo Data gets $1 mn to live the American dream

BENGALURU: Hevo Data, a cloud-based data-integration platform, has raised $1 million in a seed funding round led by IDG Ventures India. The money will be used to expand operations in the US and hire a team.

You can read more here: Hevo Data gets $1 mn to live the American dream

Flipkart does a soft launch of its grocery delivery service in Bengaluru

BENGALURU: Online retailer Flipkart rolled out its grocery delivery service Supermart on its mobile application to an initial set of customers in Bengaluru ­­ stepping up competition against US-based rival Amazon.

You can read more here: Flipkart does a soft launch of its grocery delivery service in Bengaluru

PayU says India business set to turn profitable in 2 months

The acquisition of Citrus Pay proved that South African investment giant Naspers-backed PayU is extremely bullish about the Indian payments story.

You can read more here: PayU says India business set to turn profitable in 2 months

Small & medium businesses get Google’s help on digital front

BENGALURU: In 2015, 40-year-old Arpita Ganesh launched her online boutique, Buttercups which makes customisable lingerie for women. As a newly incorporated online business, the founder soon realised that the only way to maximise the online outreach was to have more efficient online campaigns.

You can read more here: Small & medium businesses get Google’s help on digital front

Flush with funds, Flipkart, Paytm and Amazon rush to enter food delivery business

BENGALURU: After grocery, food delivery is emerging as the next big frontier for India’s largest ecommerce companies.

You can read more here: Flush with funds, Flipkart, Paytm and Amazon rush to enter food delivery business

Hindalco eyeing high-speed rail and defence segments: MD Satish Pai

After rigorously following a deleveraging drive, aluminium major Hindalco Industries wants to take a break from prepaying debt and wants to use cash for expansion.

You can read more here: Hindalco eyeing high-speed rail and defence segments: MD Satish Pai

GST helps Vedanta to streamline supplies in India

NEW DELHI: Metals and mining giant Vedanta Ltd today said there has been no "adverse impact" of the GST on it and the new tax regime has helped it streamline supplies in the country. "We have no adverse impact or issues (due to GST).

You can read more here: GST helps Vedanta to streamline supplies in India

Have e-pharmacies found the growth pill?

There's been a current of excitement running through e-pharmacy startups for the past few months after the government issued the draft of the Drugs (Sale and Distribution) Rules, 2017 aiming at removing ambiguity on regulations to facilitate sales of drugs online.

You can read more here: Have e-pharmacies found the growth pill?

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PM Modi says India may announce tax relief for traders next week

NEW DELHI: India may announce measures next week to help traders and small businesses who say a new nationwide goods and services tax (GST) has increased their tax and administrative burden. Prime Minister Narendra Modi said if there is consensus at the next GST council meeting due over Nov.

You can read more here: PM Modi says India may announce tax relief for traders next week

After note ban boost, it's time for the next growth trigger for Paytm

On that eventful evening of November 8, 2016, Paytm founder Vijay Shekhar Sharma was at a business do in Mumbai, seated for dinner along with a group of businessmen when the news of demonetisation — that Rs 500 and Rs 1,000 notes had been banned — trickled in on his WhatsApp.

You can read more here: After note ban boost, it's time for the next growth trigger for Paytm

How cloud kitchens are helping Faasos survive the foodtech bloodbath

In mid-2014 Jaydeep Barman, cofounder of the four-year-old foodtech startup Faasos conducted a survey among its users to find out two things: one, awareness of the brand that sold wraps; and, two, whether the firm that worked on a full-stack model of making food to delivering it was on the right tra

You can read more here: How cloud kitchens are helping Faasos survive the foodtech bloodbath

CCI clears GIC's Rs 9,000 crore deal with DLF's rental arm

The Competition Commission has approved Singapore's sovereign wealth fund GIC's plan to acquire 33 per cent stake in DLF Cyber City Developers for Rs 8,900 crore. Under the deal, GIC's subsidiary Reco Diamond will acquire 33.

You can read more here: CCI clears GIC's Rs 9,000 crore deal with DLF's rental arm

Get ready for naming and shaming of non-performing states: Amitabh Kant

Talking to ET Now, Amitabh Kant , CEO, NITI Aayog , says the process of disinvestment of 10 PSUs are at a very advanced stage. The prime minister is making it quite clear that he has one life one mission to improve India’s ranking.

You can read more here: Get ready for naming and shaming of non-performing states: Amitabh Kant

Stay on course, valuations are catching up with the market: N Jayakumar, Prime Securities

I want to draw your attention to what is going on in the insurance space. Two years ago, there was only one pure play insurance play in India -- Max Financials. Now we have got a dozen insurance companies, some of them have gone public, some of them are planning to go public.

You can read more here: Stay on course, valuations are catching up with the market: N Jayakumar, Prime Securities

Bigger than smartphone market: Big "Rent Tech" is a disruption waiting to happen

The new generation of startups in India aim to address some very fundamental pain points. While companies like Zomato and Myntra have solved the 'roti' and 'kapda' problems, the 'makaan' issue still remains unsolved.

You can read more here: Bigger than smartphone market: Big "Rent Tech" is a disruption waiting to happen

Diabetes devices move from sharp fingerpricks to slick tech

Diabetes devices may be having their iPhone moment. For decades, the daily routine of diabetics involved painful needles, finger-pricking lancets and imprecise glucose meters.

You can read more here: Diabetes devices move from sharp fingerpricks to slick tech

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Kunal Bothra’s 2 trading bets for next week

Talking to ET Now, Kunal Bothra, Independent Market Analyst, says bullish on Jet Airways and Aurobindo Pharma for next week. What are the technicals suggesting right now given the fact that we have garnered support from rate sensitives like banking, real estate, infrastructure, etc.

You can read more here: Kunal Bothra’s 2 trading bets for next week

Guarding the firewall: Ensuring cyber security for small businesses

The India Risk Survey 2017 report ranks 'Information & Cyber Insecurity' as the biggest risk facing Indian companies this year. Indian organizations, both public and private, have witnessed over 27,000 security threat incidents , from January 2017 till June 2017 alone.

You can read more here: Guarding the firewall: Ensuring cyber security for small businesses

Avaya offers technology to create solutions beyond digital

DUBAI: Exploring its own path in digital transformation, telecom major Avaya had come up with a range of technologies at the GITEX Technology Week held in Dubai recently.

You can read more here: Avaya offers technology to create solutions beyond digital

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Six key challenges facing modern e-commerce

According to recent data, eCommerce spending has risen to $2.1 trillion in the past few years and will reach $5 trillion by 2020. Such rapid growth promises a great future for the Indian e-commerce industry signifying a strong market and increased customer demand.

You can read more here: Six key challenges facing modern e-commerce

Gaja Capital, KKR lead Rs 980 crore funding round in Avendus Capital

NEW DELHI: Mid-market private equity firm Gaja Capital and global PE buyout specialist KKR have jointly led a Rs 980-crore investment in Avendus Capital, as the domestic financial services firm looks to scale up its asset management and newly-launched credit businesses.

You can read more here: Gaja Capital, KKR lead Rs 980 crore funding round in Avendus Capital

How blockchain technology is changing the security landscape in the banking sector

Blockchain, the technology that is used in the popular cryptocurrency 'Bitcoin', is revolutionary in many ways. It addresses multiple challenges associated with digital transactions, such as double spending and currency reproduction.

You can read more here: How blockchain technology is changing the security landscape in the banking sector

GST compliance: A case of much ado about nothing

There has been enough discussion around GST in the past 12 months. From debates about its viability, to possible impact on economy, global comparison with nations which have adopted the structure to experts from different sectors dissecting it, we have seen it all.

You can read more here: GST compliance: A case of much ado about nothing

A poor sheep-herder now mines cryptocurrencies - and proves a point

Eugene Mutai’s Nairobi apartment is filled with the sound of money: That would be the hum of a phalanx of fans cooling the computers he’s programmed to mine cryptocurrencies around the clock. The 28-year-old has given up a chunk of his living quarters to the enterprise.

You can read more here: A poor sheep-herder now mines cryptocurrencies - and proves a point

Steel companies’ output up after IRPs step in

MUMBAI:Steel companies battling insolvency resolution pressure have seen a jump in production after being taken over by resolution experts, several people related to the companies said.

You can read more here: Steel companies’ output up after IRPs step in

Upholstery frame workshop Nov. 9 in North Carolina

CONOVER, N.C. – A one-day upholstery frame workshop is planned November 9 in Conover. The workshop is intended for frame manufacturers, designers and engineers, upholstery manufacturing managers and vendors of materials, equipment, software and supplies.

You can read more here: Upholstery frame workshop Nov. 9 in North Carolina

E-News Update: eZine is Now Weekly

We recently published our 500th issue of the eZine, our weekly e-newsletter. We’re commemorating this milestone by giving the newsletter a fresh new look to launch us into the next 500 issues. The first thing you’ll notice is that we’ve changed the name.

You can read more here: E-News Update: eZine is Now Weekly

Turning a Bowl with Just a Lathe and a Faceplate

Having had the privilege of trying almost any lathe or turning accessory marketed in the last 30 years has spoiled me immensely.

You can read more here: Turning a Bowl with Just a Lathe and a Faceplate

GSTN offline tool for return filing under composition scheme

GST Network today said it has launched an offline tool for filing of quarterly returns for taxpayers who opted for the composition scheme. The offline tool for preparation of GSTR-4 is available on GST portal and can be downloaded by taxpayers and tax consultants, the GSTN said in a statement.

You can read more here: GSTN offline tool for return filing under composition scheme

Infosys deploys more people in states to ease GSTN load

Facing criticism over glitches in the software it developed for the GST Network, Infosys Ltd has deployed more IT experts and engineers in states to steady the Goods and Services Tax return filing portal, a government official said today.

You can read more here: Infosys deploys more people in states to ease GSTN load

Growth has bottomed, to accelerate in next 2 quarters: Sajjid Z Chinoy, JPMorgan

In an interview with ET Now, Sajjid Z Chinoy , Chief India Economist, JPMorgan, says rarely have we seen such a strong synchronised global recovery and stronger exports will be a tailwind to growth.

You can read more here: Growth has bottomed, to accelerate in next 2 quarters: Sajjid Z Chinoy, JPMorgan

Coal Ministry launches app for transparency in coal despatches through road

The coal ministry has launched a mobile application to facilitate Coal India customers to lift coal through road.

You can read more here: Coal Ministry launches app for transparency in coal despatches through road

Metro Cash & Carry, Uber enter into alliance

MUMBAI: Metro Cash and Carry and global ride-sharing company Uber today announced an alliance to offer driver partners a membership with the wholesale chain. Starting from Bengaluru, this alliance will soon be extended pan-India to all Metro and Uber driver partners, a joint statement said.

You can read more here: Metro Cash & Carry, Uber enter into alliance

Milwaukee HackZall Review

Demolition work requires power tools that are up to the task.  They need to be efficient, powerful and have decent speed to get the job done.

You can read more here: Milwaukee HackZall Review

No need for populism, Indians are rewarding prudent economic policies: Nilesh Shah, Kotak AMC

Talking to ET Now, Nilesh Shah , MD, Kotak AMC , says expects earnings momentum picking up partly because of the base effect and partly because of the overall recovery in the economy.

You can read more here: No need for populism, Indians are rewarding prudent economic policies: Nilesh Shah, Kotak AMC