Friday, 22 September 2017

There is a huge headroom available for organised market to grow, says Prataap Snacks CEO


Talking to ET Now, Amit Kumat , MD & CEO, Prataap Snacks , says of the Rs 55,000 crore market in India, the organised market is only Rs 22,000 crore and there is huge scope to grow.

You can read more here: There is a huge headroom available for organised market to grow, says Prataap Snacks CEO

Won't mind growing slower if we can step up execution: R Shankar Raman, L&T


Larsen & Toubro CFO R Shankar Raman gives a score of three on 10 to demonetisation in capturing black money, says GST was a rushed exercise, and that both government actions, although good in intent, have combined to slow the business down, dry up cash flows, and make customers jittery.

You can read more here: Won't mind growing slower if we can step up execution: R Shankar Raman, L&T

Bull market may continue with 5-10% intermittent corrections: Nilesh Shah, Envision Capital


We have had some investment in areas like engineering, real estate. That is the kind of pack where we probably might want to just use this current opportunity to raise a bit of cash. We are not saying that the best is over, you are not going to see this bull market sustain for a longer term.

You can read more here: Bull market may continue with 5-10% intermittent corrections: Nilesh Shah, Envision Capital

Usha Martin eyes debt reduction through sale of wire ropes unit


KOLKATA: Usha Martin, the beleaguered steel company caught in the midst of a bitter tussle between two of its promoters, has appointed a consultant to sell wire and wire ropes business to reduce its Rs 3,300-crore debt burden.

You can read more here: Usha Martin eyes debt reduction through sale of wire ropes unit

Thursday, 21 September 2017

Won't mind growing slower if we can step up execution: R Shankar Raman, L&T


Larsen & Toubro CFO R Shankar Raman gives a score of three on 10 to demonetisation in capturing black money, says GST was a rushed exercise, and that both government actions, although good in intent, have combined to slow the business down, dry up cash flows, and make customers jittery.

You can read more here: Won't mind growing slower if we can step up execution: R Shankar Raman, L&T

Razorpay looks to cash in with new pay products


BENGALURU: Online payments platform Razorpay is betting big on its new suite of payment products to boost its revenues as merchant discount rate (MDR) on debit transactions continue to remain at low levels after demonetisation in November 2016.

You can read more here: Razorpay looks to cash in with new pay products

Matrimony.com makes a weak public debut on D Street


MUMBAI: It's second time lucky for online matchmaking service provider Matrimony.com, which listed on the bourses on Thursday, becoming one of the very few internet companies to go public. Matrimony.

You can read more here: Matrimony.com makes a weak public debut on D Street

Flipkart claims lead over Amazon in smartphones


BENGALURU: Flipkart has kept its lead over Amazon India on smartphone sales, even as both platforms claimed more than doubling of sales in the category on the second day of festive sales. Flipkart claimed to have sold 1.

You can read more here: Flipkart claims lead over Amazon in smartphones

Foreigners, it seems, are more optimistic about India than Indians themselves: Jamie Dimon, JP Morgan Chase


It has been that way for a couple of years.I think it's wrong that inflation at 1.7% or 1.5% is bad and 2% is good ....People are making a huge deal about a very small difference.

You can read more here: Foreigners, it seems, are more optimistic about India than Indians themselves: Jamie Dimon, JP Morgan Chase

ET Young Leaders enters final lap with 92 candidates


MUMBAI: The Economic Times Young Leaders programme has entered its final lap where the shortlisted candidates are now being evaluated by India’s top business leaders.

You can read more here: ET Young Leaders enters final lap with 92 candidates

Vedanta power plant closure: Odisha green board revokes order


Vedanta Ltd today said it will resume power generation at three power plant units after Odisha State Pollution Control Board (SPCB) revoked its earlier order to close mining conglomerate's five such units.

You can read more here: Vedanta power plant closure: Odisha green board revokes order

Customer experience Flipkart's biggest focus area: Kalyan Krishnamurthy, CEO


For a well-funded Flipkart, the focus is back on boosting customer acquisition, especially from small towns and cities.

You can read more here: Customer experience Flipkart's biggest focus area: Kalyan Krishnamurthy, CEO

Flipkart's small town push for Big Billion sale


NEW DELHI: A few weeks before the Big Billion Day's sale began, Flipkart’s team handling the crucial smartphone category did a survey among customers to know what they are looking for in terms of products, offers, and prices, according to Arvind Charanyan and Abhaya Srivatsan, members of Flipkart

You can read more here: Flipkart's small town push for Big Billion sale

Winterthur classic chair inspires award-winning Lane Venture design


WINTERTHUR, Del. -- An 1819 classical-revival klismos armchair inspired the winning chaise lounge of the 2017 International Casual Furnishings Association competition. The original armchair was in the collection of Winterthur Museum, Garden & Library.

You can read more here: Winterthur classic chair inspires award-winning Lane Venture design



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How to Install Lid Supporting Torsion Hinges


Large box or chest lids can be heavy and if they are not supported, they can fall and make a startling noise, or worse, cause an injury. One of the best ways to support a box lid is with a torsion hinge. Torsion hinges feature an internal resistance mechanism that helps prevent the lid from falling.

You can read more here: How to Install Lid Supporting Torsion Hinges

Bosch, Ford Mobility in talks with Get My Parking to enter India


HYDERABAD: Digital parking facility providers Bosch and Ford Mobility are in talks with Get My Parking for a possible collaboration under the Smart Cities initiative, informed a senior company official. They will be jointly bidding for tenders rolled out under this initiative.

You can read more here: Bosch, Ford Mobility in talks with Get My Parking to enter India

Ravi Uppal to step down as MD, group CEO of JSPL


NEW DELHI: Ravi Uppal will step down as the Managing Director & Group CEO of debt-laden steel maker JSPL by the month-end after a 5-year term.

You can read more here: Ravi Uppal to step down as MD, group CEO of JSPL

Anil Agarwal to boost Anglo American stake, invest $2 billion


NEW DELHI: Mining billionaire Anil Agarwal plans to purchase up to 1.5 billion pounds worth of additional stake in blue-chip British miner Anglo American Plc to become its largest shareholder with over 21 per cent holding, his family trust said.

You can read more here: Anil Agarwal to boost Anglo American stake, invest $2 billion

Usha Martin mulls selling either steel or wire rope business


The Usha Martin Limited, currently in financial distress, is contemplating selling its wire rope or steel business for which it has appointed a consultant. "We have hired a consultant which will prepare a roadmap for the company.

You can read more here: Usha Martin mulls selling either steel or wire rope business

Life insurers earn more in Oct selling lesser policies

The 24-company Indian life insurance industry closed last month with new business of Rs 22,776.03 crore, up by 31.87 per cent over the prev...