Thursday, December 26, 2019

December 26, 2019 - Lodha in race against time to raise funds to meet debt obligations

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TradeBriefs Editorial

From the Editor's Desk

Young India is speaking to us

India under 30 now is brimming with possibility. Their minds have been opened, they are proud Indians but they are citizens of the world. And India under 40 is showing that it has the ability to take on the world by getting into leadership positions. This India is more confident, better informed, more aware and far more ambitious than we could ever have been. It is a beautiful India and it has been nurtured by people who are liberal and secular at heart. Those are beautiful words.

So what should we, the generation that reaped the benefits of liberalisation and openness, be doing for the next? Quite simply, putting an arm round their shoulder, patting them on the back and getting out of their way for we can at best be the banks to their rivers.

This is a great time to be a benevolent government; to think of education, of infrastructure, of technology; to remove barriers, to embrace openness, to free this beautiful generation to take India beyond where we think it can be.

Continued here

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Construction
Lodha in race against time to raise funds to meet debt obligations

With $325 million debt maturing by March, the group has been reaching out to overseas investors to raise funds.At present, Lodha has a total debt of around ₹19,000 crore, of which nearly ₹17,000 crore comes from its India business


Construction
UltraTech Cement front-runner to buy Emami Cement

Speculation is also rife that the group would soon seal the deal for its cement business at a valuation ranging between Rs 6,000 crore and Rs 7,000 cr..


11 More Construction Stories


Manufacturing Transformation Summit - Industry 4.0


Marketing
TikTok is the new vehicle for Bollywood film promotions

Housefull 4, Judgementall Hai Kya, Bharat, Gully Boy and Dream Girl have put out their music on TikTok allowing users to create videos out of it.Industry experts say movie promotions with TikTok only act as partnerships to share content and further reach without financial arrangements


Marketing
Italian Performance Electric Bike Brand Energica May Make India Debut

Energica is the supplier of electric race bikes to each of the 18 riders, across 11 teams participating in the FIM MotoE World Cup.


6 More Marketing Stories


Politics
Donald Trump Says He And Xi Jinping Will Sign China Trade Deal
Donald Trump Says He And Xi Jinping Will Sign China Trade Deal
U.S. President Donald Trump said on Tuesday he and Chinese President Xi Jinping will have a signing ceremony to sign the first phase of the U.S.-China trade deal agreed to this month.


Politics
Population List NPR Then And Now: Key Difference That Has Raised Concerns
Population List NPR Then And Now: Key Difference That Has Raised Concerns
The National Population Register (NPR) announced by the government on Tuesday requires people to declare "date and place of birth of both parents" for the first time. This data was not collected for the NPR in 2010, many have pointed out.


6 More Politics Stories


taggit



Sports
Leander Paes, 46, says 2020 will be his last year as professional
Leander Paes, 46, says 2020 will be his last year as professional
The last few years have been tough on Paes. He won his last Grand Slam in 2016 (mixed doubles with Martina Hingis in French Open) and last tour title at Auckland with South African Raven Klaasen a year earlier.


Sports
When Sourav Ganguly won Saqlain Mushtaq's heart over a 40-minute talk
When Sourav Ganguly won Saqlain Mushtaq's heart over a 40-minute talk
Saqlain Mushtaq reveals an anecdote from his playing days about how his opinion of Sourav Ganguly changed as a person over a 40-minute conversation over "life and family".


6 More Sports Stories


Entertainment
Not easy to swim against the tide in Bollywood: Emraan Hashmi
Not easy to swim against the tide in Bollywood: Emraan Hashmi
Emraan Hashmi, who started with a series of commercial movies, has shown his versatility with out-of-the-box choices such as Shanghai, Tigers and Netflix Original series Bard of Blood.


Entertainment
Kareena Kapoor Khan: Wouldn't audition for anyone but Aamir Khan
Kareena Kapoor Khan: Wouldn't audition for anyone but Aamir Khan
Laal Singh Chaddha happens to be the first film for which actor Kareena Kapoor Khan ever auditioned and she says she went through the screening process only for her co-star Aamir Khan.


6 More Entertainment Stories



Work
Russia 'successfully tests' its unplugged internet
Russia 'successfully tests' its unplugged internet
Russia's alternative to the global internet would cut its citizens off from some foreign services.


Work
Sustainability Vs. Affordability And How Industry Leaders Manage Both
Sustainability Vs. Affordability And How Industry Leaders Manage Both
The financial commitments to change can often deter business owners from making adaptations and, when it comes to sustainability, costs play a huge role in the decision making process. How have industry leaders merged the two challenges within their organisations?


5 More Work Stories


Life
The most striking images of 2019
The most striking images of 2019
From levitating basketball players to giant jellyfish, Kelly Grovier picks 12 photos that have shocked, inspired or gone viral, comparing them with classic artworks.


Life
The promise and perils of a secret impeachment vote in the Senate
The promise and perils of a secret impeachment vote in the Senate
It's technically possible for senators to decide to cast secret ballots and there are democratic arguments to support the cloak of confidentiality. But still...


4 More Life Stories



Retail
Started with a borrowed capital of Rs 10K, here's how MUFTI grew to a Rs 395-Cr brand
Started with a borrowed capital of Rs 10K, here's how MUFTI grew to a Rs 395-Cr brand
Starting up single-handedly, here's how Kamal Khushlani built Mufti, an Indian clothing brand, to take on the apparel industry.


Retail
Softbank-backed Grofers is on a small-town high in India
Softbank-backed Grofers is on a small-town high in India
"We have always stood for discounts."


12 More Retail Stories


Telecom
World's cheapest, biggest telecom market faces life-threatening crisis

India Business News: India in 2019 emerged as the nation with the cheapest telecom tariff in the world. But below the surface, a price war since the 2016 launch of Jio had


Telecom
With no government nod, Bharti Infra-Indus deal hangs fire

Bharti Infratel extends deadline to Feb 24; but both cos have the right to terminate and withdraw the merger scheme in the meantime


8 More Telecom Stories



Finance
Why India captive centres are now increasingly important for global financial services firms

More than 78 global banking and financial services companies, including Goldman Sachs, Deutsche Bank, JP Morgan and Standard Chartered, have set up ca..


Finance
Fraud-hit Punjab National Bank alleges it has been swindled again

The state-run bank filed a complaint that Jagdish Khattar cheated the bank of Rs 110 crores.


12 More Finance Stories


Food/FMCG
FMCG distributors say companies willing to bring more price parity to trade

India relies largely on small traditional retail stores or kiranas that form the backbone of the country's retail trade and help the sale of goods of daily use.Earlier this year, over 4 lakh distributors threatened to stop stocking goods sold by FMCG firms over issues related to discriminatory pricing according to a report


Food/FMCG
Panel favours 2 GST slabs, rate rejig for some items

The panel suggested two slabs of 10% and 20%. Alternatively, some goods could be moved from the 18% slab back to 28%, the panel said in a presentation to Bihar deputy CM Sushil Modi in Bengaluru on Monday. The GST Council had, at its recent meeting, asked Modi to look into revenue augmentation measures.


5 More Food/FMCG Stories



Software
Vexing questions over personal data protection bill hang over tech firms

Clarity on technical challenges of localisation, stipulated in the Data Protection Bill,is still missing.


Software
The human dimension of India's IT woes

Many of those laid off were mid- or upper-level techies, with low lateral skills for other industries.


10 More Software Stories


Ecommerce
Digital-first brands took just three years to hit Rs 100 crore

eBrands achieved traction quickly with etailers putting in place exclusive programmes to launch and test, thereby raising consumer intent to purchase differentiated products online. In the past two years, venture capitalists have invested more than $300 million in 70 such consumer brands.


Ecommerce
2019 In Review: Bollywood Celeb Investments In Startups This Year

Bollywood celebrities like Shahrukh Khan, Amitabh Bachchan, and Madhuri Dixit have been investing in the Indian startup ecosystem.


4 More Ecommerce Stories



Digital


Digital
Best of 2019: From 'JCB ki Khudayi' to 'Angry Pakistani fan', memes that took social media by storm this year

Whether it was Priyanka Chopra's look at Met Gala or a Pakistani fan's expression at the ICC World Cup or just people watching videos of JCB excavating, most random things became fodder for hilarious memes in 2019.


14 More Digital Stories


Franchise
As Coca-Cola rejigs operations, workers demand job security

Workers at Coca-Cola's plants in Dasna and Varanasi are demanding job guarantees from the beverage maker.The Dasna plant in the industrial heartland of Ghaziabad is one of the largest in India with daily supply in the peak summer season crossing 100,000 cases


Franchise
Gloria Jean's Coffee set to make a comeback in India

The company will now work on a cold kitchen concept and prepare fresh food. The cafƩs would be about 800-1,500 sq ft with a per-store investment of about Rs 1 crore. It expects the return on investment to start within two-and-a-half years of a store first being set up.


2 More Franchise Stories



HR
Corporates go the extra mile to weed out inefficient reskilling

India Business News: Chennai: Mere reskilling is no longer the key to an assured job as recruiters smell rat with more fly-by-night operators spring on the horizon.


HR
Office flirting cuts stress, makes co-worker feel powerful: Study

In some cheer for employees in the holiday season, researchers say that workplace flirtation that does not cross the line makes the co-worker feel att


12 More HR Stories


Logistics
Tatas to control AirAsia India: Story behind

People in the know said the Tatas sought the amendment after being nudged by the aviation ministry, which is yet to give its nod for the airline's foreign operations


Logistics
Flamboyance to fraud: How Indian aviation sector changed in the last decade

Despite phenomenal growth, Indian aviation has been a mixed bag with many lost opportunities


10 More Logistics Stories



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Wednesday, December 25, 2019

December 25, 2019 - 25% CXO movements in 2019 happened in tech space: report

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TradeBriefs Editorial

From the Editor's Desk

The Dark Secret at the Heart of AI

Last year, a strange self-driving car was released onto the quiet roads of Monmouth County, New Jersey. The experimental vehicle, developed by researchers at the chip maker Nvidia, didnĆ¢€™t look different from other autonomous cars, but it was unlike anything demonstrated by Google, Tesla, or General Motors, and it showed the rising power of artificial intelligence. The car didn't follow a single instruction provided by an engineer or programmer. Instead, it relied entirely on an algorithm that had taught itself to drive by watching a human do it.

Getting a car to drive this way was an impressive feat. But it's also a bit unsettling, since it isn't completely clear how the car makes its decisions. Information from the vehicle's sensors goes straight into a huge network of artificial neurons that process the data and then deliver the commands required to operate the steering wheel, the brakes, and other systems. The result seems to match the responses you'd expect from a human driver. But what if one day it did something unexpected - crashed into a tree, or sat at a green light? As things stand now, it might be difficult to find out why. The system is so complicated that even the engineers who designed it may struggle to isolate the reason for any single action. And you can't ask it: there is no obvious way to design such a system so that it could always explain why it did what it did.

Continued here

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Advertisers of the day
Amazon Business: Join us for the most anticipated SMB event - 15th & 16th Jan'20

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HR
25% CXO movements in 2019 happened in tech space: report

Of the total movements, 27 per cent were in the CEO/MD category. Twitter India, Truecaller, McAfee India, GoDaddy, InMobi and VMW are major companies that saw such movements with the onboarding of MD and CEO level executives


HR
How this engineer-turned-farmer is using WhatsApp to fine-tune his career one harvest at a time

Srinidhi CV is among a growing crop of new-age Indian farmers using tech-enabled communication channels like messaging platform WhatsApp to reach customers directly.


13 More HR Stories


Manufacturing Transformation Summit - Industry 4.0


Logistics
What India should do to make its regional airports more viable

The Indian government is yet again making a push towards connecting unserved and underserved airports via the UDAN policy (now in its fourth phase) while preparing for the privatisation of an additional six airports. Even so, the challenge of developing regional airports remains. Get latest Aviation online at cnbctv18.com


Logistics
DGCA finds GoAir pilots exceed flight time

The airline breached Flight Duty Time Limitation (FDTL) norms by, for instance, making the crew fly for four consecutive nights.


12 More Logistics Stories


Construction
Here's What Co-Working in India Looked Like In 2019

According to a FlexiSpaces report, millennials and young professionals seem to be driving the growth of such spaces in India,


Construction
New order inflows for construction sector to improve in 2020: Icra

The new order inflows for construction companies will improve in 2020 with a huge pipeline of projects in the infrastructure sector, rating agency Icra said on Tuesday.


9 More Construction Stories


taggit



Marketing
Digital-first brands are clocking Rs 100 crore revenue in 2-4 years

Online brands achieved traction quickly with etailers putting in place exclusive programmes to launch and test, thereby raising consumer intent to pur..


Marketing
Marketing Trends in 2019 and 2020- what's happened and what could?

Here are some marketing trends that came up in 2019 and will become more pronounced in 2020 and some that need to show up...


9 More Marketing Stories


Politics
Government Meet On Population List NPR As Some States Stop Work On It
Government Meet On Population List NPR As Some States Stop Work On It
The Union Cabinet today approved a proposal to update the National Population Register (NPR), which is linked to the Census. The exercise will cost Rs 3,941crore, the government said. The Census Commission has said the objective of the NPR is to create a comprehensive identity database contaning demographic details of every "usual resident" of the country.


Politics
"We Mixed Religion With Politics, Mistake": Uddhav Thackeray On BJP Taunt

Uddhav Thackeray, the Chief Minister of Maharashtra, has said it was his party Shiv Sena's "mistake" to mix religion with politics and stay with the BJP. It is a significant admission from the firebrand Sena chief, who is known for his pro-Hindutva politics and has made no bones about his views on subjects like the temple-mosque dispute in Ayodhya.


9 More Politics Stories



Sports
Sourav Ganguly hails Ashwin's 'super stuff' but feels it goes 'unnoticed at times'
Sourav Ganguly hails Ashwin's 'super stuff' but feels it goes 'unnoticed at times'
R Ashwin led the charts with 564 wickets under his name and was followed by English bowlers James Anderson and Stuart Broad, who scalped 535 and 525 wickets respectively.


Sports
Ranji Trophy: Jasprit Bumrah to prove fitness vs Kerala
Ranji Trophy: Jasprit Bumrah to prove fitness vs Kerala
Jasprit Bumrah's fitness will be tested ahead of his national come back when he turns out for Gujarat in their Ranji Trophy match against Kerala, beginning in Surat on Wednesday.


6 More Sports Stories


Entertainment
Sanjay Gupta acquires the rights of graphic novel Rakshak, to direct an ambitious feature film
Sanjay Gupta acquires the rights of graphic novel Rakshak, to direct an ambitious feature film
Sanjay Gupta acquires the rights of graphic novel Rakshak, to direct an ambitious feature film. Latest Bollywood News, Bollywood Celebrity News, Breaking News, Celeb News, Celebrities News at Bollywood Hungama.com


Entertainment
TV personality and celebrity chef Jagee John found dead at home
TV personality and celebrity chef Jagee John found dead at home
Jagee John made a name for herself through her culinary show Jagee's Cookbook which aired on Rosebowl.


6 More Entertainment Stories



Work
Why Are There Still Ashtrays On Airplanes?
Why Are There Still Ashtrays On Airplanes?
Why are there still ashtrays on planes? Can I smoke on a plane? Is smoking allowed on aircraft? For almost 20 years now, smoking has been universally banned on aircraft globally, and many airlines already began to phase out smoking since the 1980s.


Work
Reinventing The Airline Experience: Air Travel Fixes For The Next Decade
Reinventing The Airline Experience: Air Travel Fixes For The Next Decade
A recent panel discussion held by luxury tour operator Black Tomato looked at how airlines might reinvent the flying experience, and why it's crucial that they do. Here are some key takeaways.


12 More Work Stories


Life
The board meeting that ousted Cyrus Mistry as Tata group chief
The board meeting that ousted Cyrus Mistry as Tata group chief
What transpired can be called "Gone in 60 minutes" since the meeting lasted only that long.


Life
IMF's recommendations to India to stave off "significant economic slowdown"
IMF's recommendations to India to stave off
"Most high-frequency indicators suggest that weak economic activity has continued into December."


11 More Life Stories



Retail
Why your neighbourhood jeweller is going out of business
Why your neighbourhood jeweller is going out of business
As India is bringing in structural changes, the Rs 3 lakh cr gold jewellery biz is seeing a transition.


Retail
[2020 Outlook] Indian ecommerce industry shows promise but uncertainty over policies remains
[2020 Outlook] Indian ecommerce industry shows promise but uncertainty over policies remains
The Indian ecommerce industry has created pathways to bring more shoppers to the online platform, which will only strengthen in 2020, but there are worries about delay in implementing the right policies.


17 More Retail Stories


Telecom
I-T dept to move SC against Reliance Jios plan to sell stake in tower arm

NCLAT had rejected govt argument that the move was illegally aimed to evade tax payment


Telecom
How the year panned out for the refurbished phone industry in 2019?

Millions of Indians now prefer to pick up refurbished mobile devices that come at a significant discount to 'new' smartphones. Welcome to the boom..


13 More Telecom Stories



Finance
What Arvind Subramanian meant when he talked of India's Four Balance Sheet challenge

Subramanian discussed the twin balance sheet challenge in great detail in the Economic Survey of 2016-17.


Finance
Zilch: That's what banks are likely to recover from 354 liquidation cases

In the 2019 Sept quarter, 8 of the 9 firms where liquidation process was closed yielded no value.


17 More Finance Stories


Food/FMCG
Food inflation for urban India is rising income for rural India: Amul MD

For Amul, a double-digit growth is coming across all categories.


Food/FMCG
HUL: Eat. Sleep. Innovate. Repeat

If the biggest has to grow bigger, business as usual barely suffices. It calls for fresh thinking and the gumption to try new things. Under Sanjiv MehtaĆ¢€™s leadership, Hindustan Unilever is showing just that.


8 More Food/FMCG Stories



Software
IT contracts worth $49 bn are up for renewal

More than 1,400 information technology (IT) contracts worth an estimated $48.5 billion in the Asia-Pacific (APAC) region are set to expire between 2020 and 2024, according to research firm GlobalData. Accenture, TCS, Cognizant, Wipro, HCL Technologies, Capgemini, IBM and Infosys are some of the leading IT services companies. Nearly 60 percent (843) of the IT …


Software
How Accounting Software can save your crucial business hours

Businesses are upgrading with accounting software to smooth their functioning.


13 More Software Stories


Ecommerce
How Myntra is scaling up its sales during EORS on the back of a strong marketing game

Myntra is looking at acquiring 7 lakh new customers this edition and is expecting a 50% increase in traffic on the platform than last year. The fashion platform


Ecommerce

Digital
Paytm vs Google Pay vs PhonePe: Who is winning?

The rise in e-payments sees a neck to neck competition between Paytm, Google Pay and PhonePe.


Digital


14 More Digital Stories


Franchise


Franchise
Lessons from 5 fallen tech empires over last decade

How the mighty fell: Facebook focussed on tapping into, and perhaps accelerating, expressing a personal identity on the web and also enabled connections with others while Orkut was inherently more about community than about individuals.


2 More Franchise Stories



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You are receiving this mail because of your subscription with TradeBriefs.
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