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Saturday, January 30, 2016

Trending: Jan 23- Jan 30 : Microsoft Lumia 950 XL review blog: Living with Windows 10 Mobile - The Indian Express

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Microsoft Lumia 950 XL review blog: Living with Windows 10 Mobile

Microsoft Lumia 950 running Windows 10 Mobile is finally here. We’ll be reviewing the device for a week, so follow our blog for all the details




Fractal Analytics looks to raise Rs 475 crore from private equity investors

Global growth PE firm TA Associates, which invested Rs 150 crore for a minority stake in the company in 2013, will also look at partially exiting its investment, these people said.




4G surge, fall in voice call traffic likely in 2016: Deloitte report

The surge is expected mainly due to the increased roll-outs by telecom companies in the last one year and the demand for 4G-enabled handsets




Business leaders cautiously optimistic on India's prospects

Colourful lions adorn a salon on the main street of Davos, inviting visiting business leaders to “Make in India”. Optimism about the world’s fastest growing economy contrasts with the economic gloo




Why the IndiGo stock has taken a beating

A delay in the delivery of the fuel-efficient A320neo has clouded the forecast for India’s most profitable airline




Five reasons why Toyota and Suzuki Motor could look to tie-up

Despite Toyota and Suzuki denying reports of partnership talks, shares of Suzuki gained 10% while Toyota was up 3.6% indicating excitement created around the news




RBI seeks Rs 26,000 crore more for capital infusion by 2018

"The government may announce an increased amount in the Budget itself," said a senior government official aware of the deliberations.




Hero FinCorp in talks with PE firms to raise Rs 800 crore via 10% stake sale

Hero FinCorp, which employs over 2,500 people, has a loan book of Rs 5,000 crore, racing towards a billion dollars or Rs 6,600 crore.




Government, RBI in talks to allow more free ATM transactions; move to help in financial inclusion

The government is in discussions with the RBI to allow more free ATM transactions for certain types of accounts as part of its drive to deepen financial inclusion.




International brands to account for 15% of revenues: Myntra

Myntra said it expects international brands to account for 15 per cent of its revenues in the next 12-18 months as it adds more global labels to its portfolio.



Vodafone to deploy Cisco's SON technology across network in India

The countrys top two mobile operators have both partnered with networking major Cisco for SON technology that promises to significantly improve voice call quality.




Apple's India facility, public WiFi launch: Tech news you need to know

Apple’s plans to launch a 4-inch phone to a new facility in Hyderabad and the launch of the first high-speed public WiFi -- the morning dose of tech news




Why Facebook's Free Basics aka Digital India is Cancer for the Next Generation

In the last two days, Facebook has started some stealthy “chutiyapa” operation to con people into supporting Digital India, not via the Internet we want, but the Free Basic Internet, that refers to Digital India Initiative by Facebook aka internet.org for which we clearly said NO. Facebook is now sending its users notifications on how their friends …




Sebi reviews risk systems in choppy markets

The markets regulator has told top exchange officials and brokers to track markets to ensure there is no foul play




Over 1.1 million infected Android devices in India: Cheetah Mobile

India ranks two on the list of countries having malware-affected Android smartphones, said Cheetah Mobile, a China-based mobile tools provider, adding an extensive use of third-party apps was the main reason behind it




Toonz Retail expects 30% of turnover from overseas

Home grown kids retailer Toonz Retail expects 30% of its turnover to come from international business in the next one year, according to its chief executive, Sharad Venkta.



With China weakening, Apple turns to India

Sales of the company's flagship smartphone climbed 76 percent in the country from the year-ago quarter, Apple Chief Financial Officer Luca Maestri sai..




Y.K. Hamied to up stake in Cipla by 5%

Hamied, who holds 15.54% in Cipla, will increase his stake to 20.76% once the proposal is approved




Ecommerce firms like Snapdeal, Flipkart go all out to woo merchants for their platforms

If you are a small merchant selling myriad stuff from a tiny store, chances are Indias largest ecommerce companies are looking for you.



Buildzar raises $4 million from Puneet Dalmia

Dalmia, managing director of Dalmia Bharat Ltd has made the investment in his individual capacity




Will investors punish Maruti for its huge profit shortfall?

Given the huge variance between estimates and actual performance, the stock, which has been a favourite among, may be wobbly in the near term





Retailers feel the chill as late winter forces early sales

With the annual winter “End of season” sales starting almost a month ahead of schedule, the flat 50% off sale in January has turned out to be a damp squib.



Trai recommends Rs 11500 crore per Mhz pan-India base

The Telecom Regulatory Authority of India (TRAI) on Wednesday suggested Rs 11,485 crore per Mhz pan-India as base price for premium 700 Mhz spectrum - the highest rate for any telecom frequency band - for the next round of auction even as leading operators have sought holding back sale of the radio waves in this band.




Trai wants auction of all available spectrum

The telecom regulator for the first time has suggested the base price for 700 MHz which is considered as the most efficient frequencies for high-end mobile services.




Labour Ministry to move cabinet note for consultations on model Central Shop and Establishment Act

The model Central Shop and Establishment Act will allow malls, restaurants, theatres and local markets to remain open round the clock.



For Apple CEO Tim Cook, India is the Next 'Play Store'

For Apple CEO Tim Cook, India is the Next 'Play Store'CHENNAI: For several years, India played an insignificant better-half of Apple Inc's Asia sales. But as the turbo-charged volume growth in China peters out amid the company's slowest ever quarterly sales, for the iconic iPhone maker, India has finally ...sp;





Apollo Munich ties up with Axis Bank for policy distribution

Standalone health insurance company Apollo Munich today announced its partnership with Axis Bank for offering bank customers customised insurance policies.




Faircent.com, Lendbox.in and other peer-to-peer lending platforms gain popularity, draw RBI gaze

Peer-to-Peer Lending platforms are a relief to small borrowers ignored by banks, but they have come under RBI lens.




How kirana stores are embracing technology to engage better with customers

A bunch of startups, such as Snapbizz, Applicate and Goodbox, exploit this largely untapped space through retailer only or consumer-facing apps.



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Friday, January 29, 2016

Jan 29, 2016 - EPS acquires 100% stake in CISB ATM services

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Of the FANG stocks (Facebook, Amazon, Netflix, Google - yes, that's a grouping now!), Amazon seems to be in the best position. Not only is it directly controlling commerce online, but also riding the AWS wave which Chamath Palihapitiya refers to as the Amazon tax (as in how ubiquitous it will become). Facebook user growth is slowing down. Google's various experiments are still some time away from becoming a reality. Apple (which is not a FANG stock) seems to be in most doubtful territory with respect to future growth. Sales growth of the iPhone is beginning to plateau. Apple's wearables unit (and car unit) are far from becoming revenue drivers. Having said all this, these are all solid companies with solid revenue streams, but investors always want more. Where would you put your money? - Comment

EPS acquires 100% stake in CISB ATM services

EPS acquires a 100% stake in CISB ATM services Pvt. Ltd. (CIS Bureaus Facility Services Pvt. Ltd.), making it a wholly owned subsidiary of EPS.




Advt:Affordable Housing Schemes in Dubai with Post hand over payment plans

Affordable Housing Schemes in Dubai with Post hand over payment plans

KKR, Goldman Sachs to reduce stakes in TVS Logistics; JM Financial mandated for fund raising drive

KKR & Co LP and a private equity fund managed by Goldman Sachs Inc are set to significantly reduce their stakes in Chennai-based TVS Logistics Services Ltd.



How finding right talent at the right time is a challenge for India’s largest technology startups

Hiring and retaining the right talent for a rapidly scaling organisation is a pressing challenge for the likes of Flipkart, Paytm and InMobi.



Will investors punish Maruti for its huge profit shortfall?

Given the huge variance between estimates and actual performance, the stock, which has been a favourite among, may be wobbly in the near term



FDI quality improves substantially with PM Narendra Modi's Make in India push

The quality of foreign direct investment (FDI) coming into the country has improved substantially, according to Reserve Bank of India data.



The return of micro venture capital?

Given their experience and proximity to both entrepreneurs and venture capitalists, micro venture capital funds may finally be here to stay



FTIL to sell 14.3% stake in DGCX

After the transaction, valued at $5.7 million, FTIL will cease to hold any shares in DGCX



Actis seeks to exit Endurance investment through IPO

Endurance Tech is planning a Rs800-1,000 crore IPO by 2016-end or early next year



Boost to Indian economy from falling oil prices 'fading': DBS

The benefits to the Indian economy from fall in crude oil prices will be "limited" this year and domestic reforms and developments will gain focus, a report said.



Bad loans hit ICICI Bank net profit growth

A sharp rise in bad loans forced the private lender to set aside more money to cover the risk of default



Home loans offer silver lining for India's banks as corporate loans languish

Banks, struggling to boost mainstay corporate loans, are finding a bright spot in a home-buying spree in the country's towns that has driven mortgage-loan growth to the fastest rate in at least six years.



BSE dusts off IPO plans, asks regulator for listing approval

In a letter dated 22 January, BSE told Sebi that it is fully compliant with the regulator’s SECC rules and is ready for an initial public offering



Infosys invests $4 million in US-based data start-up

The deal could help Infosys generate revenue from clients who want to make sense of data sets held in Hadoop, a large open source big data repository



Apple chief Tim Cook bets on economic reforms in India, says smartphone market is incredibly great

“During hard times like now, it provides an opportunity to invest in newer markets such as India where there are long-term prospects,” Cook said.



Time to rip off the Band-Aid from bank balance sheets

The first thing to consider is that banks, left to themselves, have not cleaned up their asset quality act



Lenovo plans to open company-owned stores in India

Lenovo plans to roll out flagship stores as a single-point destination for all its products including enterprise products.


Myntra, Jabong to reduce discounts in a bid to check mounting losses and to steer towards profitability

Ananth Narayanan, the CEO of Myntra, said that the company has already reduced its discount offerings by 6% in the quarter ended December.


Piqued by best quarter sales, Xiaomi mulls single brand retail license

Xiaomi is keen on applying for a single-brand retail licence in India and will take a final call in a couple of weeks after more internal consultations.


In U-turn, Centre may allow FDI in multi-brand retail

DIPP looks at opening sector with riders; trying to get States in


No Myntra Logistics merger with Ekart: Myntra CEO

Fashion e-tailer Myntra on Thursday said there will be no merger of its in house logistics business with Flipkarts logistics arm, Ekart.


Toonz Retail expects 30% of turnover from overseas

Home grown kids retailer Toonz Retail expects 30% of its turnover to come from international business in the next one year, according to its chief executive, Sharad Venkta.


Biyani's Future Consumer raises Rs 300 cr from Black River

Kishore Biyani's Future Consumer raises Rs 300 crore from Black River - In December, Future Consumer Enterprise had said it plans to raise around Rs 368 crore from promoters and private equity fund Black River Food 2 Pte to finance expansion and business initiatives.


Technology gets top shelf at kirana stores

A look at how these stores are embracing technology to engage better with customers


Olabi, the retail me-commerce product that is enabling offline retail survive in an e-commerce era

Olabi, by retail veterans Sunil Kunders & Chetan Panchal is a product enabling offline retail to give a true personalized experience to consumers


WhatsApp Facing Possible Regulations in One of its Strongholds

WhatsApp, Viber, Skype and many other over-the-top Internet services have taken over the world of communication with their free offerings, allowing users to enjoy free messaging and calling. While these apps are marketed as free messaging and calling services, they are not entirely free. You need to have an internet plan to access their services.



Mobile ads to account for 15-20% of media spending by 2020: Study

Mobile advertising spends are expected to account for 15-20% of the overall media expenditure by 2020, fuelled by growth in mobile commerce.



Regulator urges $88bn 4G auction

The move is likely to put additional burden on telecom firms already stretched after spending on 4G and the 2015 spectrum auction



Bharti Airtel to purchase Aircel's 2300 MHz 4G spectrum

The deal to buy Aircels 4G spectrum in the 2300 MHz frequency band in eight circles is expected to be finalised by March-end, said two persons aware of the matter.



Call drops: Who is telling the truth

The govt has been locked in a bitter tussle with telcos over what has become a terrible everyday nuisance — mobile phone calls that suddenly disconnect.



Huawei draws up plans to manufacture in India

Huawei joins a growing list of major Chinese makers who are eyeing the fast-growing Indian mobile handset market. Companies such as Xiaomi, Oppo and V..



Cook turns to India as worldwide iPhone sales down

In its first-quarter earnings call, CEO Cook said Apple will continue to invest in India despite global slowdown and currency fluctuations.



Flipkart to launch an exchange programme, starting with smartphones and television sets

Flipkart, which says it sells one out of five smartphones in India, expects handset sales to hit 100 million devices this year, but fears sales will begin to taper after that.


British Telecom group firm TalkTalk faces cyber attack : In talks with Wipro over security breach

Wipro said that the company is "working closely" with TalkTalk on this issue and will continue to extend full support to investigating authorities.



BlackBerry may abandon BB10 operating system and switch to Android

BlackBerry is likely to abandon its BlackBerry 10 (BB10) operating system and switch to Googles Android for its mobile phones.



Lenovo plans big change in India market : Will open company-owned stores

Lenovo plans to roll out flagship stores as a single-point destination for all its products including enterprise products.



Indian IT industry expected to grow within predicted range of 12-14% for FY16 in constant currency terms

IT industry is expected to grow within the predicted range for FY16 in constant currency terms, even after a slowdown affected some of the larger companies in the sector.



Chinese telecom major Huawei expects 300% smartphone sales growth

Eyeing 300 per cent growth in its India smartphone sales, Chinese telecom major Huawei today launched two new 4G phones under the Honor brand.



Why is Myntra experimenting with tech-led pricing?

Startup plans to add more fashionable brands on its app as it eyes profitability



FirstSource acquires US-based ISGN’s mortgage BPO business : Plans to expand into higher-margin services

The company said that over 700 employees from ISGNs BPO division in the US and India will join FirstSource through this acquisition. The terms of the deal were not disclosed.



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