Trending: Sep 30- Oct 07 : Paytm Payments Bank reports Rs 30.7 crore loss

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Invite Friends   Sree Vijaykumar From the Editor's Desk Hopes for a significant reduction in interest rates were dashed with the Reserve Bank of India (RBI) deciding to keep interest rates unchanged during its fourth bimonthly monetary policy review. The repo rate has been retained at 6%. Read More Introducing TradeBriefs SME - Print edition - Subscribe Now! | Sample copy Advertisers of the day Standard Chartered Bank (Personal Loans): Your dream holiday is now closer than ever On behalf of SAP India: Identify the perfect SAP solution for your business in 3 easy steps Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails (B2B Decision-Makers, B2C Decision-Makers, TradeBriefs Premium).     Paytm Payments Bank reports Rs 30.7 crore loss Between August 2016 and March 2017, Paytm Payments Bank reported losses of around $4.6 Mn (INR 30.7 Cr). According to its MCA filings, the firm saw a turnover of $378K (INR 2.47 Cr) during the sa... 'Hershey India will not invest in most brands inherited from Godrej' Will stay invested in soya beverage brand Sofit Future Retail set to acquire HyperCity for Rs 700 crore As part of a strategy to more than treble its revenue to Rs 75,000 crore to Rs 1 lakh crore by 2021, the Future Group has also been aggressively adding stores. Petrol, diesel prices down by Rs 2/litre: Govt buckles under pressure, excise cut is a win for consumer The excise cut shows that the government is buckling under public pressure   Ten days after first festival, Amazon relaunches 80% online sale This will presumably be the last time when Prime access will be available at Rs 499 a year - down from the original Rs 999. Flipkart stole the show although Amazon ran twice as many ads Flipkart has stocked up its inventory on televisions, smartphones and appliances expecting good pick-up in sales this week. MedGenome Labs to raise another $10 million in Series C round MedGenome Labs is raising $10 million from a clutch of investors led by Sequoia to fund its expansion plans Oppo, Louis Vuitton among 5 FDI proposals cleared for single brand retail The other FDI proposals for single brand retail approved by the govt include Chumbak Design, Daniel Wellington AB, and Zivame Zomato waives commission from restaurants for table reservations Zomato said it will waive all charges including the 'per cover' fee as well as the platform fee with retrospective effect from June Lessons from the longest study on human development | Helen Pearson For the past 70 years, scientists in Britain have been studying thousands of children through their lives to find out why some end up happy and healthy while others struggle. It's the longest-running study of human development in the world, and it's produced some of the best-studied people on the planet while changing the way we live, learn and parent. Reviewing this remarkable research, science journalist Helen Pearson shares some important findings and simple truths about life and good parenting. Myntra's Ananya Tripathi gets new responsibilities Tripathi will head the international brands' business and the new businesses of Myntra, including sports and accessories. Reliance Jio's Buyback Option on Latest iPhone Models May Boost Apple's India Presence A great, fast phone, but without the shiny newness that made the early models feel special. Spanish brand, Zara, starts its online shop in India today In most major cities, like Mumbai, Delhi, Bengaluru, at-home deliveries will take around 2 - 4 working days. Bigg Boss 11 premiere episode review: This season of Salman Khan's show promises to be the best one yet Bigg Boss 11 premiere episode review: The makers this time have not only got together a concept like never before but also have introduced some very interesting contestants. From a peon's daughter to a controversial figure like Shilpa Shinde, this show has already made sure to keep our attention intact and we are extremely excited to know what's going to happen next. The show will air on Colors TV from 10:30 pm for an hour, for all seven days. Why OBC Sub-Categorisation Will Be Modi's Ultimate Surgical Strike The move will formalize the BJP as the party of the 'most backward'. Striking that perfect balance so you do well as a franchisee and as a member of the franchise organization It takes a special person to run a franchise. You have to see the value in living at the intersection of being an independent business owner and working to build the broader franchise organization. However, at some point, the cost and risk of failure associated with the steep learning curve of starting a new business likely drove you to consider the franchise path. Assess these points before franchising your business One of the best ways to expand your business' reach is to tread the franchise route. Here are a couple of things you need to do before franchising. 60 per cent of a consumer's buying decision shaped by digital medium: Krish Iyer, Walmart India CEO Having a digital presence today goes beyond monetary gains. India's Road Freight Market Pegged At $150 Billion: Truxapp In an interview, Manmohan Agarwal, Founder, Truxapp, reveals that India's road freight market is valued at $150 billion and is growing at a CAGR of 12%, , Truxapp, cagr, manmohan agarwal, interview What GST means for the jewellery sector GST implementation is expected to be positive for jewellery companies in the organized market such as Titan Actor Prakash Raj Lashes Out At PM Narendra Modi For Staying Silent On Gauri Lankesh's Murder "I'm a renowned actor, do you think I will not be able to detect when you are acting?" Why India Mustn't Forget Lal Bahadur Shastri In The Rush Over Gandhi Jayanti "Perhaps due to my being small in size and soft of tongue, people are apt to believe that I am not able to be very firm." Govt needs to take quick measures to achieve 7% GDP growth: C Rangarajan Former RBI governor C Rangarajan says the Indian economy needs to 'pick up very fast' to be able to maintain a healthy annual GDP growth Prep lessons that gave Flipkart a leg-up The e-tailer focused on product selection, affordability and service levers to dominate this year's sale season so far Starbucks posts slowest sales growth in India in last fiscal Tata Starbucks clocked net sales of Rs 272 crore, a growth of 14 per cent, during the year ended March 2017 and narrowed losses to Rs 32 crore. Starbucks posts slowest sales growth in India in last fiscal Tata Starbucks clocked net sales of Rs 272 crore, a growth of 14 per cent, during the year ended March 2017 and narrowed losses to Rs 32 crore. D-Mart's rising brand value shows that hyperlocal pays D-Mart's success, and that of other regional brands like Balaji Wafers and Prataap Snacks, should serve as a pointer to new brands to focus on their home base rather than rush to become national Keventers to double retail footprint by end of FY18 The company has planned to enter several international markets such as Qatar, Kuwait, Saudi Arabia, Oman, Maldives, Sri Lanka and countries in Africa this fiscal and by mid of the next fiscal year. Keventers to double retail footprint by end of FY18 The company has planned to enter several international markets such as Qatar, Kuwait, Saudi Arabia, Oman, Maldives, Sri Lanka and countries in Africa this fiscal and by mid of the next fiscal year. Diageo jolted by sales curbs on Smirnoff in Delhi he world's largest drinks company Diageo suffered a setback when Delhi excise department suspended sales of Smirnoff vodka and blocked one of its distributors in recent months. This has caused stock shortage of Smirnoff, the largest selling brand of the London and New York-listed Diageo in the national capital. The future of crypto-financing in India We need a regulatory sandbox approach to develop laws that achieve synergy between new technology, investor protection and effective regulatory oversight Kishore Biyani: I'm a consumer goods company, I'm not a retailer anymore Kishore Biyani, who is transforming Future Group into an FMCG firm from a retail enterprise, on his expansion plans and strategy to pare debt HUL to exit JV with Kimberly-Clark FMCG major, Hindustan Unilever Ltd. (HUL) said that it has signed an agreement to divest 50% stake in joint venture Kimberly-Clark Lever Pvt Ltd (KCLL) to its partner Kimberly-Clark Cooperation (KCC). GST: Commerce ministry to write to finance ministry over trademark rule The commerce ministry has decided to write to the finance ministry to consider an alternative to GST Council's decision to exempt unbranded food products that are not registered under the Trade Marks Act from GST FoodTech startup Yumist shuts down operations due to high burn and failure to raise funds Gurugram-based foodtech startup Yumist has shutdown its operations. Founded by former Zomato official, Alok Jain, along with restaurateur Abhimanyu Maheshwari in November 2014, Yumist, served hom...   TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy    Unsubscribe from B2B Decision-Makers list You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India

Trending: Sep 23- Sep 30 : Faster Internet speed spurring OTT growth in India

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Invite Friends   Sree Vijaykumar From the Editor's Desk Mr. Suresh Prabhu had to resign as Railways Minister due to some unfortunate accidents that marred the end of his tenure. However, even his detractors do not deny the fact that his sincerity and hard work to put the Indian railways on track have been the highlight of his brief tenure as the Railways Minister. More here Introducing TradeBriefs SME - Print edition - Subscribe Now! | Sample copy Advertisers of the day Standard Chartered Bank (Personal Loans): Your dream holiday is now closer than ever On behalf of SAP India: Identify the perfect SAP solution for your business in 3 easy steps Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails (B2B Decision-Makers, B2C Decision-Makers, TradeBriefs Premium).     Faster Internet speed spurring OTT growth in India The improvement in average Internet speed in India over the last few months is spurring growth in the Over-The-Top (OTT) sphere and may bring about a .. Come October, Delhi Metro rides to cost up to Rs 10 more The discounted Metro fare under the latest revision remains Rs 10 for the first 5km, but subsequently increases by Rs 10 in each slab, going up to a maximum of Rs 50. CUHK MBA Swaps Job At IBM In India For A Digital Marketing Career In Hong Kong Syed Tabish discovered his passion for digital marketing during an MBA at CUHK Business School Govt to tie up with Amazon to expand 'Tribe India' brand The Union government is planning to tie up with e-commerce player Amazon to expand the market for tribal handicrafts via the online retail space. According to a PTI report: Pravir Krishna, Managing Director of Tribal Cooperative Marketing Development Federation of India Limited (TRIFED), a national-level organisation under the tribal affairs ministry, said an MoU with … MNCs dig into Indian talent pool to fill global roles Indian executives are multifaceted, agile and adaptive besides tending to be more eager to embrace challenges and adapting to new cultures. ActionCOACH MN Honored with 2017 Franchisee of the Year Award ActionCOACH MN Honored with 2017 Franchisee of the Year Award Franchise News on Franchise Direct CAIT alleges Flipkart, Amazon of violating FDI rules with heavy discounts Festive Season Sale: Flipkart trumps Amazon, says Redseer report; Amazon says report not credible The online festive season sales saw e-commerce behemoths Flipkart and Amazon go head-to-head in one of the largest shopping extravaganzas. While billions were expected to be made, this year's editi… 15 Mistakes Entrepreneurs Should Avoid When Starting Out Invest in the right people, and be wary of overspending on unintuitive software. Sebi tightens broker norms for commodity derivatives Sebi tightens stock broker norms to curb unauthorised trades Is the government seeking fresh ideas on the economy? The Modi government has revived the Economic Advisory Council to the prime minister, formed an expert panel on agriculture, and extended the term of Arvind Subramanian Sleep Deprivation May Treat Depression. But Would It Ever Be Prescribed? A number of studies have found that sleep deprivation may treat depression. But what to do with this information is unclear. India vs Australia: You have to play 100 percent to beat India, says Aaron Finch Aaron Finch has called the current run with Australia as his toughest time since making debut five years ago. Australia have failed to win 11 of last 13 away ODIs with the remaining two getting washed out. Ben Stokes is real threat in England's middle order, says Moises Henriques Australia will host England in the Ashes series scheduled to begin in November this year. The first match of the series will take place in Gabba. Shopclues founder Sandeep Aggarwal files cheating case against cofounders The FIR has been lodged for the alleged offences of criminal conspiracy, breach of trust, forgery and cheating under the Indian Penal Code. I will stop acting when I take up a political position officially: Ulaganayagan Kamal Haasan Ulaganayagan Kamal Haasan's recent interest in politics has made headlines across the nation with severe speculation about his future plans. With rumours that he might float his own party, looks like the actor might soon stop acting. He is working on Vishwaroopam 2 and Sabash Naidu currently. James Cameron begins production of four Avatar sequels James Cameron's 2009 'Avatar' sequels are ready for production. Four sequels are said to be shot simultaneously. The first 'Avatar' sequel will release on December 18, 2020, and the next comes a year later, with the last two in December 2024 and 2025. Dhanush croons for Vijay Yesudas-Bharathiraja's Padai Veeran Actor-producer-singer Dhanush has crooned a number for Vijay Yesudas' Padai veeran. The film is directed by Dhana and has music by Karthik Raja. It also stars veteran director Bharathiraja. Incidentally, Vijay Yesudas and Dhanush had acted together in Maari. Online buying-selling platform OLX's India CEO moving to investment firm Naspers Buying and selling platform for old and used goods, OLX India, has said it's CEO and f Exclusive: Interconnect is at the heart of telecom, says TRAI chief In a consumer friendly move, India's telecom regulator TRAI has more than halved the interconnect usage charge from October 1 and said the fee would be scrapped from 2020. However, several companies have objected to the ruling. TRAI Chairman RS Sharma talks to ET Now about the new IUC, the position of telecom companies on the issue and the benefits of the new rule. India's bullet train project reignites debate on land for 'public purpose' A law passed in 2013 was meant to protect the rights of farmers, ensuring consensus over land acquisitions, rehabilitation for those displaced, and adequate compensation. Before 2.0, Amy Jackson to show her super powers as Saturn Girl in Supergirl Bollywood actor Amy Jackson has been touring Canada for a long time, but now we have finally got to know what the actor was up to. The 2.0 star has signed up to play Saturn Girl in superhero television series Supergirl. Isn't that exciting? NMDC plans to sell nearly 49% stake in its Chhattisgarh steel plant NMDC is seeking a partner for its first steel venture, which has been eight years in development, to infuse working capital and provide steel-making expertise Surgical Strikes A Message To Pakistan, More If Necessary, Says Army Chief Bipin Rawat "The strike was a message we wanted to communicate to them and they have understood what we mean." How retailers can take advantage of franchise opportunities If one wants to be a retail entrepreneur, there are many ways to start a business. You can start with sole proprietorship – e-commerce or brick-and-mortar – but starting your own brand comes with little support, so taking advantage of one of dozens of franchise opportunities and having the power of an existing brand behind … Lenskart picks up $1Mn minority stake in the US-based 3D face modelling startup Ditto Delhi-based Lenskart has invested $1 Mn in US-based startup Ditto for a minority stake. Ditto provides 3D face modelling for virtual trial service to eyewear retailers to improve their customer e... Three Things Entrepreneurs Should Avoid When Communicating Their Ideas Having worked on over 200 presentations with companies such as Oracle, Dentsu, and Nike, Eugene Cheng, co-founder of HighSpark, offers his insights. If you know how to avoid these 3 common pitfalls, your audience will remember your presentation. Kylie Jenner pregnant, Twitterati busy speculating that it's Kim Kardashian's surrogate The news of 20-year-old Kylie Jenner getting pregnant with her first child with boyfriend Travis Scott has been hitting headlines since quite some time. But Twitterati think there's another controversy up the Kardashians' sleeve with Kylie being her half-sister Kim's surrogate mtoher. A Rare Joint Interview with Microsoft CEO Satya Nadella and Bill Gates On the occasion of the publication of Nadella's first book, out this fall, Nadella and his predecessor talk shop. A biopic on Indian women's cricket team captain Mithali Raj in the works Viacom18 Motion Pictures has acquired the rights of making a movie on the life of the cricket star who grabbed the limelight after India's foray into the final of the Women's World Cup. Mithali is hoping that this movie inspires more people especially young girls to take up sports as a career. Demand is even better than pre-GST levels: Sunil Duggal, Dabur India FMCG major Dabur India said GST dented its sales, but was hopeful of a recovery in the next two-quarters. GST impact: From shampoo to toothpaste, check FMCG items which have become cheaper now Finance Minister Arun Jaitley had already claimed that after GST rollout from July 1 commodities will be cheaper. Ralph Lauren seeks to end counterfeit goods before India foray "This was a big seizure and we seized more than 6,000 pieces of garments and their hoardings were removed," said S K Bansal, a lawyer representing Ralph Lauren. Reebok India says it expects license in a month or two soon, perhaps, in one or two months from now.You never know. E-commerce firms, including Flipkart, Amazon, rake in Rs9,000 crore during festive season sale: RedSeer Flipkart group accounted for 58% of the gross merchandise value (GMV), while Amazon had a 26% share during the festive season sales, according to a RedSeer report TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy    Unsubscribe from B2B Decision-Makers list You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India