Oct 27, 2016 - Thyssenkrupp India CEO says no decision yet on Tata Steel JV

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
For Indian retailers, the Costco business model is an interesting one. No branded item can be marked up by more than 14 percent, and no private-label item by more than 15 percent. Mr. Sinegal warned that if Costco increased markups to 16 or 18 percent, the company might slip down a dangerous slope and lose discipline in minimizing costs and prices. How's that for a business philosophy, as opposed to opportunistic margin extraction that most other retailers indulge in! Sell a limited number of items, keep costs down, rely on high volume, pay workers well, have customers buy memberships and aim for upscale shoppers, especially small-business owners. In addition, don't advertise -- that saves 2 percent a year in costs. More here

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ShareChat closes $100M equity financing round led by Twitter

Twitter's investment in ShareChat, which has been fighting out China’s Bytedance in its home market, is among the first such bets it has taken on an..




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Rs 100 lakh-cr infra fund will boost growth: Experts

Rs 100 lakh-cr infra fund will boost growth: Experts - Modi’s move comes at a time when the RBI has scaled down the growth forecast for 2019-2020 from 7% to 6.9%



Signals aplenty that slowdown is spreading across India Inc

On Thursday, Prime Minister Narendra Modi is learnt to have reviewed the state of the economy with Finance Minister Nirmala Sitharaman and top officials of the Ministry to assess measures being planned to tackle the slowdown.



Delay becomes the norm in insolvency bankruptcy cases

As much as 34% of the 1,292 cases in the bankruptcy courts up to June 2019 are delayed beyond 270 days.



Private equity exits slow down in 2019

Buoyed by Flipkart’s sale to Walmart, 2018 was a record year for exits with stake sales worth over $24 billion.With the Indian economy itself showing signs of a slowdown, private equity investors are expected to put their exit plans on hold



Opinion | 'Cashless' and the politics of innovation

There is a huge machinery to make us believe that ‘cashless-ness’ is in our interest



Fresh capital is likely to bring a short-lived breather for Yes Bank

Yes Bank raised ₹1,930 crore via a qualified institutional placement at an issue price of ₹83.55.The lender needs to raise more capital as QIP mop-up is a fraction of indicated fundraising plan



How World Leaders Ruined the Global Economy

They took the best growth picture in a decade and put us in danger of recession.



Union Bank of India to list non performers, review them next three quarters

The bank said the exercise was not to penalise non-performers, but to guide them to realize their potential



Key committees in IL FS did not meet for years: RBI

The report said some of the key committees in IL&FS did not convene any meetings at all in the last few years.



Fund managers managing over Rs 6 lakh cr bet on tech, consumer private banks in July

Total AUM of domestic MFs increased 1.2 percent MoM to Rs 24,50,000 crore in July after declining 6.5 percent in June, led by inflows in income and debt-oriented, equity and ETF schemes



China's Shunwei funds Rapido, India's answer to Gojek

Bike taxis are yet to take off in India; an ambiguous regulatory stance is one of the reasons.



Tracking India's economic slowdown: Path to revival will be slow, painful; govt must start work now

The most positive aspect of the economic slowdown in the country is that there is official acceptance that something is amiss



Loans against shares now a pricier affair

Interest rates surge by up to 300 basis points on fear of default and crash in share prices.



Cultural Integration Takes Lead in M As

Financial, strategic investors feel a significant value erosion takes place if people fit isnt right



Telecom giants eagerly waiting for T-Fiber infrastructure in Telangana

All major telecom companies have expressed their interest to the State government, sources said.



Honor aims to triple its market share by 2020

The smartphone brand, which mostly sells online, plans to set up offline stores to boost its revenue.In the last five years, India has attracted many Chinese smartphone companies, which have now captured the local market



Airtel readies value-rich plan to chase high-paying users

The telco is prepared to let go of low-paying customers and derive more revenue from existing ones.



Reliance Jio looks to heat up cloud business, sets sight on 10 mn MSMEs

Company plans to bring 5 million retailers and kirana stores on cloud



COAI urges Trai to create consumer awareness on new framework for pesky calls

Trai has outlined the specific format in which the compliance reports need to be filled by the companies.Operators who fail to check pesky calls and SMS menace or do not adhere to the guidelines will face a stiff penalty



Huawei pushes back launch of 5G foldable, the Mate X

Our reporting uncovers a Mate X delay, and the possibility of more displays



OnePlus to make another 5G smartphone in 2019, could be OnePlus 7T 5G for international markets

OnePlus CEO Pete Lau confirmed that OnePlus is working on a new 5G smartphone scheduled to launch before 2019 ends. 



Vivo S1 vs Realme X: The Next Big Sub-Rs. 20,000 Smartphone Showdown

Vivo S1 and Realme X variants on comparison here are priced nearly exactly the same in India, at Rs. 19,990 and Rs. 19,999 respectively.



Smartphone users, Paytm has a warning for you

Paytm is warning new users to be careful while getting KYC done. The company has notified its users to not download any remote desktop sharing app lik



Should you buy Realme 3, Realme 3 Pro now or wait for Realme 5 series?

The Realme 5 series comes barely six months after the Realme 3 series. So, should you buy a Realme 3 or Realme 3 Pro right now or should you wait to find out what the Realme 5 and Realme 5 Pro will bring to the table. 



Reliance Jio plans price cut, more apps to revive its handset sales

Mukesh Ambani co keen to revive sales of JioPhone which is now key to achieving 500 m subscriber target; to go slow on JioPhone 2; upgrade plan shelve..



Reliance Jio plans price cut, more apps to revive its handset sales

Mukesh Ambani co keen to revive sales of JioPhone which is now key to achieving 500 m subscriber target; to go slow on JioPhone 2; upgrade plan shelved.



Safe bet in slowdown season: Software exporters, FMCG bring investors cheer

Combined revenues of these firms was up 10.3% YoY, double the growth of India Inc



Slowdown more evident in rural India; FMCG companies think these 4 concerns are slowing economy

There is an emerging consensus among FMCG majors that, like their automobile counterparts, the impact of the slump is more evident in rural India and that, in geographical terms, the north is the worst hit.



Unilever Wants to Give Mayo and Marmite a Purpose

Unilever Wants to Give Mayo and Marmite a Purpose



Marico to complete acquisition of Beardo by this fiscal-end

Acquisition to happen via primary infusion, secondary buyouts



FMCG companies red-flag gathering rural slowdown

There is an emerging consensus among FMCG majors that, like their automobile counterparts, the impact of the slump is more evident in rural India and that, in geographical terms, the north is the worst hit.



Does Flipkarts fashion gambit run the risk of falling between two stools?

The online retailer wants to straddle the top end of the market with fast fashion and the mass end with products for the value conscious



How Walmart's secret weapon in its quest to outmaneuver Amazon has rejuvenated the giant retailer

For nearly 20 years Walmart, the world's largest retailer, has struggled to pull its online act together while rival Amazon.com seized nearly half of the U.S. online shopping market, as well as building a big presence abroad. But Walmart's multibillion-dollar investment campaign now seems to be paying off.



Flipkarts Refurbished Goods Seller 2GUD To Woo Value-Conscious Customers

Flipkart's refurbished products seller 2GUD will now host fresh products across various segments like home and electronics at lower prices



The Cheatsheet: How Internet shutdowns hurt the economy

Is this about Kashmir?Yes, and more. As we write this, the internet shutdown in Kashmir — reportedly the 51st in Jammu and Kashmir since January this year and the 179th since 2012 — is continuing and



To detox consumers from discount addiction, 300 eateries to opt out of aggregator menu

300 prominent restaurant brands are logging out of aggregators such as Zomato, EazyDiner, Nearbuy.



Isro sowing seeds of future technology to help next generation go beyond Earth

India News: When Isro was set up on August 15, 1969, the country didn’t have space infrastructure nor expertise to launch big rockets. On the golden jubilee year



How 2 sisters melded AR with healthcare to start NexRea

NexRea has seven clients, including GE Healthcare, J&J, Cyient and TechM Ltd, in India.NexRea is looking to develop education tools that can help doctors explain routine procedures



IT companies go all out to stop attrition of skilled young staff

Better hikes, bonuses and promotions for employees with hot skills in new tech areas.



Subscription-based gaming: Pay once, play all you want

This mode has worked for music and video content, and it seems gaming is the next frontier.Google is reportedly also readying a service called Play Pass, to take on Apple Arcade



IT big 3 to offer artificial intelligence as a platform

TCS, Infosys and Wipro are betting on artificial intelligence platforms to improve delivery of solutions.



Fact-checking platform Logically to raise $7 million in seed round

Logically, a fact-checking platform that fights fake news, is raising $7 million in funding for its seed round. The United Kingdom(UK)-headquartered company is raising this round from a combination of



The Privacy Negotiators: The Need for US Tech Companies to Mediate Agreements on Government Access to Data in India

By Madhulika Srikumar Apple’s clash with the FBI in 2016 was touted as an “American Revolution” and a reminder of “why we (Americans) have the fourth amendment.” Indeed, Apple’s challenge signified…



Most banks don’t have the systems to take advantage of open banking: Infosys exec

Australia’s Open Banking regime will quickly move from a compliance issue to a new way of doing business, according to Theo Albers, managing director of Infosys Finacle Australia. But Albers, whose company overhauls banking platforms with products that together serve nearly half a billion consumers globally, warns most of Australia’s



RBI has no authority to ban cryptocurrencies, says Internet and Mobile Association of India (IAMAI)

Earlier, there were talks about a Reserve Bank of India (RBI) circular regarding the prohibition of cryptocurrency-related services offered by banks a



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