Mar 30, 2017 - GST will eliminate burden of tax on tax; boost India's economy, GDP: Shaktikanta Das

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Ms. Kirsten Green is an unorthodox venture capitalist for several reasons. Apart from having never worked at a venture capital firm before starting her own in 2012, she is also a woman in a male-dominated field. (Of the top 20 venture investors this year, only two were women.) And unlike many generalist venture investors, who work in a range of areas, Ms. Green focuses specifically on commerce and other retail-related start-ups. In one of her first moves as a venture capitalist, she was part of a $1 million investment into Dollar Shave Club, then a tiny company, which sells razors to consumers online. Later, she invested in, an e-commerce start-up that was vocal about wanting to take on Amazon. Last year, both those start-ups hit the jackpot: Unilever bought Dollar Shave Club for $1 billion, while Walmart purchased for $3.3 billion. More here

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Soon, non-banking companies may verify via eKYC

Access to Aadhaar database will be a boon for mobile wallets and digital lenders.

Advt: Work for the best employer - Yourself
Advantages - Best B2B audience in India, no hard-selling or up-front costs involved, access to our content repository and air-tight agreements with instant gratification.

India's next government will have a growth problem

With consumption stalling, there are rising fears about a prolonged slowdown.

PNB terminates agreements to sell stake in housing finance arm

The bank, in a filing to the exchange, said it will continue to be the sole promoter of PNB Housing Finance post the termination of the pacts, and stay strategically invested in its housing finance arm.

Games2win floats ₹10 crore fund for gaming start-ups

Games2win India Pvt Ltd, a global publisher of casual mobile games with more than 230 million downloads, has launched its Replay Gaming Fund worth ₹10 crore that is targeted at gaming startups and ent

Funding crisis to worsen unless India pumps in cash: Kotak

India's cash deficit is the worst since 2016. Banks have experienced liquidity crunch for all but 10 days so far.

Net-net we should be able to deliver a 25-27% balance sheet growth: Rajeev Jain, Bajaj Finance

We are staying focussed on our strategy and continue to execute it, says Jain.

Xi Jinping has $3.65 trillion fiscal war chest to counter Donald Trump tariffs

Central and local authorities in China have at least $3.65 trillion unspent in their budgets this year.

Mastercard to double India headcount to 4,000 in 5 years

Mastercard recently announced an investment of $1 billion over the next five years on increasing infrastructure.

Without an Overhaul, Smart Cities Won't Fulfil Urban Needs

Analysing the status of the Smart Cities Mission and what it needs to consider going ahead.

What impact multiple of money will TPG Growth generate with global health fund?

ImpactAlpha, May 16 – Before it became an object lesson of private equity scandal, the $1 billion Abraaj Growth Markets Health Fund was an emblem of Sustainable Development Goal opportunity. Now that TPG Growth has finally completed its acquisition of the fund from the rubble of Abraaj, the question can again be posed, as we

IAS Officer to Sabziwala: 5 Civil Servants Who Quit Their Jobs To Become Entrepreneurs!

Getting into the higher echelons of the famed civil services, particularly the Indian Administrative Service and Indian Police Service, is hard enough. Beyond executive power and responsibilities, working in the civil services comes with its fair share of perks as well. So, why would anyone leave a prestigious job and become an entrepreneur? Why take […] More

Morgan Stanley's India-focused infra fund raises additional $104m

North Haven, which aims to make private equity investments in the infrastructure sector in India, seeks to raise $750 million in total committed capital.

Mukherjea: Don't overplay consumption slowdown

Want to make money? Dont lose yourself in the noise and lose the signal: Saurabh Mukherjea

Explained: The Slowdown in India’s Consumption Growth Story

It's clear that even if the slowdown is temporary, the next government will have its work cut out in boosting various economic indicators.

View: Yes, bank on things being worse than they look

The banks troubles run deeper than investors believe, and a cleanup will probably be harder.

World telecom day: Role of tech standards, and the need for interdisciplinary approach

The anniversary of the signing of the first International Telegraph Convention and the creation of the International Telecommunication Union (ITU) is celebrated on May 17 as the World Telecommunication and Information Society Day.

Airtel, Vodafone user base plummets with Minimum Recharge Plan rollout

The Minimum Recharge Plans launched by Bharti Airtel and Vodafone Idea Ltd (VIL) to clean up their low-paying subscriber base have resulted in a significant reduction in user base.In the third quarte

Facebook changes algorithm to promote worthwhile close friend content

We're announcing two ranking updates that prioritize the friends you want to hear from and the links you find worthwhile.

Samsung reportedly readying Galaxy Fold for release after finding ‘fix’

Samsung’s been mostly quiet on the Fold front after recalling review units and indefinitely delaying the phone’s release. Understandably so. It couldn’t have been easy going back to the drawing board with one of the buzziest handsets in recent memory. While we’ve been waiting word, the company has …

Realme, Oppo to stir up fight in India’s premium smartphone segment

Oppo is making a second attempt at cracking India’s premium smartphone segment with the launch of its new premium series, Reno, which it will introd..

Issuing 5G trial spectrum to telcos in DoT's 100-day agenda

India wants to keep her date with the global 5G roll out in 2020.

Apple has started advertising iPhone 6S as a ‘made in India’ smartphone

Apple has launched a new marketing campaign around iPhone 6S in which it is prominently advertising the fact that it is a 'Make in India' smartphone.

Fani: Vodafone Idea revives 90% network in 10 Odisha districts

Telecom major Vodafone Idea on Wednesday said that it has revived nearly 90 per cent of its network in 10 districts of Odisha which were impacted by c..

China's Huawei, 70 affiliates placed on U.S. trade blacklist

China's Huawei, 70 affiliates placed on U.S. trade blacklist

Explained: Why there are no Indian telcos in global list of 5G deployments

New government at the Centre will have the task of issuing 5G network trial licenses along with the spectrum to telcos.The allocation will take place as soon as the new government takes charge

Intex may exit handsets business

Company puts up a plant for sale but director Keshav Bansal says still in business but on ‘reduced scale’.

Past debate on Trai's MySpeed app results not a closed issue: COAI

More than a year after contesting the validity of mobile data speeds measured by a Trai app, industry body COAI said the issue is "not closed" and tha..

India's Veeba Food Services enters children's category | Food Industry News

Veeba Food Services, the India-based condiments supplier, has taken its product range into a new category.

Tata Global Beverages, Tata Chemicals zoom up to 11% on biz merger announcement

Shares of Tata Chemicals and Tata Global Beverages zoomed up to 11 per cent Thursday, a day after the Tata Group announced merger of consumer business involving..

Kissht, Licious backer Vertex hits target corpus for new India, Southeast Asia VC fund

Vertex Venture Holdings Ltd, an early-stage venture capital firm backed by Singapore's Temasek Holdings, has raised the targeted

Colgate-Palmolive (India) Ltd eases for fifth straight session

Colgate-Palmolive (India) Ltd is quoting at Rs 1114.4, down 0.54% on the day as on 13:24 IST on the NSE. The stock tumbled 5.25% in last one year as compared to a 4.63% rally in NIFTY and a 2.43% spurt in the Nifty FMCG index.

As Tatas make major FMCG foray, investors count 'what is in it for me'

The merger appears logical as Tata Group aims to boost its presence in the FMCG sector.

Coca-Cola, Pepsi face Tamil Nadu trader activism again

While trade sources say the ban could take effect in August this year, retailers are uncertain whether the ban will be a total one.

Save big with your HDFC Bank debit/credit card this Flipkart sale

With purchases that exceed the bill amount of Rs 4,999, the HDFC Bank card holder will gain an instant 10% instant discount.

Excited about opportunity with Flipkart and PhonePe: Walmart CEO

The effect of the $16 billion acquisition of Flipkart still remains on Walmart’s financials, as the Indian startup contributes to the company's international sales.

Amazon faces backlash in India for selling shoes, rugs with images of Hindu gods

[MUMBAI] faced a social media backlash in India on Thursday after toilet seat covers and other items with images of Hindu gods were spotted on the US retailer's website, making #BoycottAmazon the country's top trending topic on Twitter. Read more at The Business Times.

First-quarter results: Flipkart shakes Walmart's global earnings cart

US giant's gross profit rate, operating income drop due to Flipkart's inclusion in this year's financial performance.

Amazon Global Selling ProgramTargets $5 Billion in E-commerce Exports from India

New Delhi: With more than 50,000 Indian MSMEs as part of Amazon Global Selling, which was launched in India in 2015, the program has already exceeded $1 Billion in exports so far from India At the launch of the second edition of Amazon Exports Digest, Amazon today announced that its Global Selling program has now achieved …

Myntra celebrates cricket, the unofficial religion of India

"In India, Cricket is religion and the players, are Gods.” This is one statement we are almost sure to hear whenever we discuss cricket out here. Today, almost every single person of our country,

1 lakh Indian traders sell products online: Amazon JV

Amazon-Catamaran joint venture Prione Business Services Ltd on Thursday said it has enabled one lakh small and medium businesses (SMBs) to sell a variety of products online in 100 cities across India and leverage digital payments for growth.

The Middle East is calling Indian sellers on Amazon

The global selling programme itself is expected to generate $5 billion in sales for Amazon India, country head Amit Agarwal said last month.

Ecommerce companies Flipkart, Amazon log out of deep discounts

Online marketplaces treading cautiously after February tweak in ecommerce policy.

Vishal Sikka nominated to supervisory board of BMW Group

BMW, which is betting on autonomous driving and electric mobility, held its annual general body meeting on Thursday in Munich. The company said Sikka ..

The doctor who invented 18 medical devices

Professionals are finding holes in the system and turning into entrepreneurs to fill gaps in the market.

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