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Apple to Launch iPhone 6s and 6s Plus in India on October 16Apple will launch its latest iPhone 6s and 6s Plussmartphones in India on October 16, just threeweeks after their US launch. It will undertake abig midnight launch of the new iPhones .Business of Brands ��5
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InMobi Raises $100-m debt fromConsortium Led by TennenbaumMobile adtech company InMobi has raised $100million in new debt from a consortium of lendersled by US-based Tennenbaum Capital Partners,of which $40 million has been used to pay offthe debt raised last year from HTGC.Disruption: Startups & Tech�� 6
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Nestle India Ends Contract with Sole Third-party maker of MaggiNestle India has ended its contract with its solethird-party manufacturer of Maggi noodles, SAJFood Products, a move that means the firm willno longer outsource production of the product.Companies�� 10
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COAI Fires off Letter to Prasad onReview of CDMA Airwaves PricingThe Cellular Operators Association of Indiawrote to the telecom minister on Monday, reit-erating its demand for a review of pricing ofCDMA airwaves and reducing the 10 MHz cap.Companies ��15
Inside story
Sneha Shah & Rica Bhattacharyya
Mumbai: For Ruchi Sarna,deal-making is pretty much away of life that begins atbreakfast time. “My negotia-tion starts right from themorning when I send my 15-year-old son to school,”she laughs. Anyone with ateenager in the house willunderstand what she’s talk-ing about.
Sarna also happens to be aninvestment banker at De-loitte Touche Tohmatsu In-dia, a senior manager and amember of the team that ad-vised on the sale of cycle-maker Firefox to the biggerHero Group last week.
Shiv Inder Singh, co-promo-ter and chief executive offi-cer of Firefox Cycles, says hedidn’t realise there was a cer-
tain uniqueness about theDeloitte group. He’d chosenit on merit.
“Among all the bankers whocame to me with variousbusiness ideas, this teamseemed to be more prepared.
They did nothave just themacro out-look of mysector buthad micro-scopic in-sights,” hesays. “Theresourcesthey wereable to de-
pute for the whole deal weretremendous.”
What’s special about the Deloitte team is that they are all women.
Quick to Wrap up Deal��30
Ladies Spl DrivesInto i-Banking’sMale Bastion
These women
eschew the
socialising
that is part of
i-banking
culture to
maintain a
work-life
balance
FAIR DEAL Deloitte’s all-women i-bankingteam behind Emami-Kesh King & Hero-Firefox deals reveals success formula
Industry and investorsare keen to hear RBIGovernor RaghuramRajan say he is com-fortable with inflationand interest rate maykeep falling. But true to his style, he would remind that retail inflation target is a sus-tained 4% and that he'snot partying yet withcurrent inflation levels,says MC GovardhanaRangan.��PAGE 19
Will RajanChange hisTune Today?
The Securities and Exchange Board of In-dia, which took chargeof regulating the com-modities derivativesmarket on Monday,said it is open to allow-ing foreign portfolio in-vestors to trade in thissegment. The capitalmarket regulator alsowants to introduce op-tions trading in com-modities.��PAGE 19
CommodityF&O maySee FPI Play
BJP’s Poll Chokhahas Littis, Ralliesand Spice of Bihar
New Delhi: Battling the biggestpolitical challenge since gener-al elections for both the partyand himself, Bharatiya JanataParty President Amit Shah hasrolled out an election campaignfar more ambitious, detailedand extensive than what he didin the now-famous Uttar Pra-desh 2014 campaign.
Nearly 6 lakh BJP cadre areworking in Biharin an election effort that’s amix of fieldworkgrind and techsavviness, partystrategists work-ing with the BJPpresident said.
Apparently,Shah reckons
nearly 90% of Bihar’s votershave made up their mind. Victo-ry or defeat depends on gettingthe 12-14% floating voters. Nit-ish Kumar’s campaign hasn’timpressed the BJP president.“Kho-kho ke rules se kabaddikhelne jaa raha hai,” is howShah described Kumar’s cam-paign to senior aides.
Shah declined to participate inthis report. But ET spoke to anumber of people closely work-ing with Shah.
Big Campaign Rolled Out��30
DECISIVE BATTLE FOR SAFFRON PARTY
Culture Minister Mahesh Sharma tellsAnubhuti Vishnoi that Jawaharlal Nehruhas got more than his due share of repre-sentation and it is time other freedom fighters were commemorated.��PAGE 2
Enough of Nehru,Says Culture Minister
BiharDecides2015
ET’s inside story onAmit Shah’s Biharcampaign: the castemath, raths & rallies
BJP has
planned
a raft of
rallies, led
by 20
rallies by
the prime
minister
New Delhi: India on Mondaysaid it will alter its energy mix ina way that renewables will occu-py a greater proportion in the fu-ture, making it clear that it’s will-ing to take more responsibility inthe days ahead.
Prime Minister Narendra Moditold US President Barack Obamathat he was willing to participatein shaping an “ambitious agen-da” ahead of the Paris meet onclimate change.
“President and I share an un-compromising commitment onclimate change, without affect-ing our ability to meet the devel-opment aspirations of humanity.We have both set ambitious na-tional agendas,” Modi noted inhis press statement as he out-
lined measures such as a plan toadd 175 gigawatts (GW) of renew-able energy by 2022 as well as adevelopment strategy that will
enable India totransition to amore sustaina-ble energy mix.
Further, Modisolicited Oba-ma’s support inmultilateral dis-armament fo-rums such as theMissile Technol-
ogy Control Re-gime (MTCR) andNuclear Suppli-ers Group (NSG).The MTCR meet
is expected in October first weekwhere India’s membership is tobe considered.
Common Platform��31
India Nudges Closerto Climate AgendaGOING GREEN Ahead of Paris meet, Delhi indicates willingnessto raise share of renewables in energy mix with help from US
PARTNERS: Climate change dominated the talks between PM Narendra Modi and President Barack Obama
Zuckerberg to Step upPhilanthropy in IndiaFacebook CEO Mark Zuckerberg plans to stepup philanthropic activities in India and also putmore resources behind bringing more peopleonline in the country. “You should probablyexpect us to do more,” he said after the townhall with Modi, reports Jayadevan PK.��8
ON CLEAN TECH
We look forward tocomprehensive out-come in Paris with apositive agenda oncombating climatechange, which also focusses on access to finance and tech
ON CLIMATE CHANGE
President (Obama) and Ishare an uncompromis-ing commitment on climate change, withoutaffecting our ability tomeet the developmentaspirations of humanity
Obama’s
advisor Brian
Deese was in
India ahead of
Modi’s visit
for talks on
a possible
climate deal
MADISONMOMENT INSAN JOSE
��PAGE 8
Success is gender agnostic. It is no surprise that the all-women team at Deloitte is delivering. After all, they have arrived in their positions because they delivered in the past tooNAINA LAL KIDWAI Country Head of HSBC India
Deal-makersAn all-women i-banking team managed the `1,651-cr Emami-Kesh King deal
The team for Firefox deal comprised senior director Kalpana Jain, senior manager Ruchi Sarna and analyst executive Jessica Singh
The lawyer associatesinvolved in the deals were also women
(L-R) Ruchi Sarna, Kalpana Jain & Jessica Singh
Pho
to: A
SHW
AN
I NA
GPA
L
Special Feature
The Real Green CarsUntil recently, tail pipe emission wasthe only measure of a car’s impact onthe environment. Now, Tata Motors hasstepped out of the box with its life-cycleassessment philosophy to sustainabil-ity, writes Naren Karunakaran.
Biosimilars PushIt gave up its head start in India to builda stronger, deeper global play. And itseemed like Dr Reddy’s was losing momentum. But recent developmentsin the US may prove its strategy right,writes Vikas Dandekar.��24
The BiharBlitzkrieg
6LAKHSTRONG CADRE WORKING ACROSS THE STATE
Shah holding question & answer sessions; PM’s Bihar package based on insights from these sessions
All BJP CMs to hold rallies; PMhimself to address20 rallies
Amit Shahcovering every district;24 out of Bihar’s 40 districts covered so far
180GPS-ENABLED ‘RATHS’ HAVE ALREADY COMPLETED TWO ROUNDS OF EACH VILLAGE
Poll signage in
50,000-plus vehicles;
14,000 wall paintings
Non-party ‘frank’ reports on every seat from a team of retired Gujarat police officers
14BJPWorkersIN CHARGE OF EVERY BOOTH; WORKERS TOLD TO IDENTIFY 3 ‘KEY VOTERS’ IN EACH BOOTH
Kho-kho ke rules se kabaddi khelne jaa raha hai.
AMIT SHAH on Nitish Kumar’s election campaign
SENSEX SLIPS246 PTS AHEADOF RBI REVIEW��PAGE 19
NASA FINDSWATER ONRED PLANET
��PAGE 11
AP
SEEKING MATERIALISTIC SOLACE
��EDIT PAGE
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