India set to be among top advertisement markets in 2019: GroupM and Zenith
Media agencies GroupM and Zenith on Monday said India would be among the top advertising markets in the world next year despite weak domestic economy. WPP-owned GroupM projected a 12-13 per cent growth rate for the local advertising market in 2020, in line with 2019, taking its overall size to nearly Rs 95,000 crore. Read more
Fireside Ventures to invest in 20 start-ups in superfoods, fashion segments
Expanding its portfolio across the consumer wallet, early-stage venture investment fund Fireside Ventures is looking to invest in superfoods, personalised beauty, and fashion start-ups from its second fund. The Bengaluru-based firm says these areas will be the new frontrunners in the consumer segment. Read more
Ranked 129, India marginally improves in human development index in 2018
India's ranking in the human development index (FDI) improved marginally by a notch to 129 in 2018, showed a report released by the United Nations Development Programme (UNDP) on Monday. Read more
Goyal says tit for tat to countries discriminating with Indian companies
Any country discriminating against Indian companies in the award of contracts would not be allowed to participate in public procurement contracts, Commerce and Industry Minister Piyush Goyal said on Monday. Read more
Govt limits stock holding for onion retailers to 2 tonnes to curb hoarding
The Centre on Monday further reduced the stock holding limit for onion to 2 tonnes from 5 tonnes for retail traders as part of efforts to check hoarding and boost domestic supply of the kitchen staple. Read more
FDI Limit in Insurance Cos may Rise to 74%
There may be an increase in the overseas investment limit in insurance to 74% in the February budget, up from 49% now, possibly paving the way for foreign control of companies, according to a report by The Economic Times.
Sebi sends show-cause notice to 10 entities for WhatsApp leaks
At least 10 entities and individuals have been sent show-cause notices by the Securities and Exchange Board of India (Sebi) in the case of unpublished financial results finding their way to private WhatsApp groups, according to a report by LiveMint.