Sep 29, 2015 - Changing the lending paradigm: For banking, small is the new big

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Changing the lending paradigm: For banking, small is the new big Considering that big corporates are over-leveraged, banks need to explore new avenues for profitable lending to spruce up their balance sheets. Flipkart General Counsel and Head Legal Srivals Kumar quits; appoints former Samsung executive Rajinder Sharma as its new legal head Flipkart General Counsel Srivals Kumar has quit the company, the latest in a series of top-level exits that have plagued Indias largest ecommerce company. Nestle cancels contract manufacturing of Maggi Analysts feel that Nestles decision to end its 12-year contract with SAJ could be part of a move to increase focus on quality after the national food regulator, the Food Safety and Standards Authority of India (FSSAI), banned Maggi noodles because some tests showed that it contained unsafe levels of lead. Indian E-commerce A suspense drama waiting to unfold Indian E-commerce industry currently resembles an action thriller movie, in which we are yet to witness the climax. In fact, we have barely reached the interv.. Festival strategy: Flipkart, Snapdeal to focus on dominance without eroding margins The moderation is expected to help online retailers wean consumers away from heavy discounts in their search for profitable unit economics. Flipkart confirms raising $700 million at a valuation of $15.2 billion : Report Ecommerce player Flipkart has confirmed that it has raised $700 million in a fresh round of funding. The development was first reported by the Economic Times in July, but at the time the company had declined to comment on the development. With this round, it takes the valuation of the company to 5 different ways to get into commercial real estate Higher returns make commercial properties attractive but they also need more money and risk-taking capacity No fuel for international airlines from tuesday, due to fuel shortage in India: Nepal After the Turkish Airlines crash in March and subsequent April 25 earthquake, which affected the aviation sector severely, airlines are bracing for another potential turbulence: Shortage of aviation turbine fuel Flipkart announces the second edition of " Big Billion Sale," to be held between October 13 and 17 An app-only shopping event, Big Billion Days, will offer exciting offers and unbeatable discounts across 70+ product categories for customers to shop from, th.. Will bring Japan's edible oil in India by next year:Ruchi Soya Ruchi Soya Industries today said it will introduce by next year the Soybean Germ Oil with the assistance of Japan's edible oil major J-Oil Mills and global trading firm Toyota Tsusho Corporation (TTC). Fictional internet policy is bad for India, good only for Facebook By Eben Moglen & Mishi Choudhary Manu Joseph is widely considered to be a particularly accomplished novelist. As an Internet policy analyst, however, he has trouble telling fact from fiction. Writing in the New York Times on 16 September, Mr Joseph – newly reborn as an admirer rather than a skeptic of Mark Zuckerberg’s altruism … Will Alibaba crash impact Indian e-commerce valuation? Fuelling the panic is a report by Barron's which predicts the stock price could crash by 50%. So, will Indian e-commerce bear the brunt of Alibaba's stock crash? There is every reason to be bullish on Indian economy: Johan Aurik, AT Kearney The leadership approach is what Johan Aurik has used effectively to navigate AT Kearney at a time when globally the consulting industry is undergoing consolidation. Marissa Mayer says 'Ads make content better' : Report REUTERS/Denis BalibouseYahoo CEO Marissa MayerYahoo CEO Marissa Mayer thinks the Internet is a lot worse without ads."I really believe that commercials and Jet Fuel is 60% more expensive in India than Singapore; Local airlines buying fuel-efficient aeroplanes to cut operating cost Executives confirm that Air India, GoAir, IndiGo, SpiceJet, Jet Airways are buying or leasing models which promise fuel savings of 14-20% Pescafresh to launch e-commerce website and mobile app; Company to invest Rs 25-30 crore in the next three years IndianRetailer.com IndianRetailer.comSangram Sawant, founder and CEO said that the company had started its e-commerce platform and is in discussion with major retail brands to move into other major centres. Pescafresh has already opened five distribution centres in Mumbai and one each in  Marico's Saugata Gupta is ISA chief Saugata Gupta, Managing Director & CEO, Marico, has been elected as the Chairman o Big Basket Earmarks Rs 100 Crore for Marketing in 2015-16 Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities Government open to dilute stake in state-run banks to 52%: FM Arun Jaitley The government would also consider other issues including problems tied to distressed state power providers, Jaitley said while speaking at a banking conference. Google is copying two features advertisers love about Facebook : Report GoogleSridhar Ramaswamy, Google's SVP of ads and commerce, will present Customer Match and Universal App Campaigns at Advertising Week New York on Monday September Google Brings Wi-Fi Connectivity To India, Bitcoin Adoption To Benefit? Personal assistant app Helpchat has acquired Mumbai-based deals and discovery platform Niffler; to launch its services in Pune and Mumbai Personal assistant app Helpchat has acquired Mumbai-based deals and discovery platform Niffler for an undisclosed amount. More young women have high levels of bad cholesterol: Study A pan-India study of young women from 10 metros and non-metros found 61% had excess LDL or high ‘bad cholesterol’ levels, putting them at risk of developing cardiovascular disease early in life. Kidzania to enter Delhi-NCR with Rs 100-crore investment Is this the future of Flipkart's marketplace? 'Big Billion Day' sale to go all-app Sources say this is a trial run ahead of the company going mobile-only sometime in the future FMCG major Colgate-Palmolive India issues bonus shares FMCG major Colgate-Palmolive India today said its shareholders have approved issuance of bonus shares in the ratio of 1:1. Digital India: OnlineTyari provides job-oriented study material through mobile app Online Tyari, a digital test preparation platform is providing job-oriented materials to aspirants of civil cervices, banking services, UPSC, GATE and other state government jobs. We are operating at $500 million annualised GMV and we plan to cross $1 billion by 2016:Ananth Narayanan, CEO, Myntra Besides making the transition from the storied world of consulting to the ever evolving realm of e-commerce, the move has called for more changes from Narayanan. Can Flow Batteries Ever Help Power Off-Grid Villages and Remote Telecom? Imergy adds a pilot project in China to go along with its enormous SunEdison microgrid project in India. Imported pulses' first tranche reaches; onions expected this week The first tranche of tur (arhar) dal imports arrived at Chennai and JNPT ports Banks to calculate, disburse 6 % dearness relief to pensioners All pension disbursing authorities including nationalised banks have been asked to calculate the quantum of dearness relief payable to pensioners. AUTOnCAB that enables users book autos and cabs, acquires Gurgaon-based grocery ordering app, BigZop in a stock and cash deal Delhi-based company AUTOnCAB that enables users book autos and cabs, has acquired Gurgaon-based grocery ordering app, BigZop in a stock and cash deal. Time to smell the coffee As the first ad in a campaign, this would have been great. As a sequel to the hugely popular ad featuring the stuttering comedian, this Nescafe ad is a letdown Inox to add 50 multiplex screens to network - Multiplex operator Inox is planning to add up to 50 screens to its chain by the year-end to take the total number to around 440. Historic and challenging merger of forward market commission with SEBI What may have prompted this merger is the over Rs. 5,000 Crore NSEL scam. But, this has long been in the making. Whole Foods is cutting 1500 jobs Damian DovarganesWhole Foods Market cashier Aracelis Ramirez charges customer Thomas Carroll at a Los Angeles store.Whole Foods is cutting 1,500 jobs. In an B2B Hyperlocal Logistics Startup Roadrunnr Expands Operations to 11 Cities The six month old startup makes over 25,000 deliveries every day. Corporation Bank to raise Rs 857 crore issuing preferential shares to government State lender Corporation Bank today approved issuance of over 15.66 crore shares on preferential basis to government valued at about Rs 857 crore. Ahead of Oct 1 transport strike, Nitin Gadkari insists opening doors for talks The All India Motor Transport Congress (AIMTC) maintained that it's ready to pay a higher toll, but that should be collected as indirect tax because of harassment by different agencies. Daily Ninja raises an undisclosed amount in seed funding from TaxiForSure (TFS) co-founder Aprameya Radhakrishna and other investors Daily Ninja, a mobile app that delivers daily needs on a subscription model, has raised an undisclosed amount in seed funding from TaxiForSure (TFS) co-founder Aprameya Radhakrishna and other investors. Let your cake tell a unique story this festive season Financial Express The Indian festival season does not last for just a week or two, it lasts for months, beginning with Janmashtami, moving on to Mumbai's favourite festival-Ganesh Chaturthi, and Eid, drumming up the tempo with dandia during Navratri, and the big bang of RBI Governor Raghuram Rajan may cut interest rate tomorrow to spur economy The Reserve Bank Governor has been under pressure from the Finance Ministry as well as the industry to cut interest rate to spur economic recovery. Qualcomm to invest $150 million in Indian startups U.S.-based chipmaker Qualcomm announced that it will be investing $150 million in Indian startups following Prime Minister Narendra Modi's meeting with heads of Silicon Valley's technology firms heads, reports IANS. Executive chairman Paul Jacobs made the announcement at the Digital Ec Punjab Youth Congress (PYC) demands renaming Mohali airport after Bhagat Singh Bhagat Singh Kin Want Airport Named After Him. A close relative of the legendary freedom fighter, Bhagat Singh, today urged the National Democratic Alliance led government to name the new civil air terminal at the Chandigarh airport after martyr without any further delay. Ramdev's Haridwar Campus to Get Full-Time Security Cover NDTV Andhra Pradesh Power Finance Corporation defaults in debt servicing Amid the Amtek Auto controversy, the state-run Andhra Pradesh Power Finance Corporation has defaulted in debt servicing on bonds worth Rs 3,100 crore. The challenge of skills and jobs The scale of the skilling challenge that India faces, and the urgency involved, have been palpable for some time, but new official data put into cold numbers the extent of the problem. Fewer than one in 10 adult Indian Next best thing: Why India has become the new China for US technology companies The overall message to Silicon Valley from PM Modi, who posts regularly on Twitter and Facebook: Help India become an Internet powerhouse. AAI plans to recruit 400 air traffic controllers soon Delhi’s Indira Gandhi International Airport, the busiest in the country, will soon get respite from the perennial shortage of air traffic controllers.In one of its major hiring drives in a long time, the Airports Author Have expectations of a 25 bps rate cut buoyed rate-sensitive stocks? The consensus on the Street seems to be that unless there is a surprise rate cut of over 25 bps or more dovish guidance, rate sensitive sectors may not outperform As planned, to regulate airport operations better, Air India shifts domestic flights to T2 at Mumbai airport; first flight on Oct 1st to Nagpur Comments Modi Enthusiastically Welcomed at San Jose airport, presented 'Key to City' by the Mayor Over 1200 volunteers are engaged in making preparations for the event for which a record 18,500 tickets have been distributed. Bankers want Centre to pay DBT commission on time: Chanda Kochhar Bankers today urged Finance Minister Arun Jaitely to release on time the commissions paid to them for Direct Benefit Transfer (DBT) transactions. 6 Actions to Prevent Your Company Becoming the Next Volkswagen Ever hear about the mistake the city of Delhi made while trying to cure its cobra infestation? This is the right time to give an exit route to investors: CCD’s VG Siddhartha The chairman of Coffee Day talks about the IPO, expansion plans and his dream of making CCD a preferred Indian brand for global high streets Kamarajar port joins rush with plan to wean car shipment away from road and incentivise sea shipments Kamarajar is offering discount from 2012 in vessel-related charges to ships including car carriers calling at the port for picking cars for exports Sahara says getting €6 billion loan from Helvetica Group Sahara tells the apex court it has entered into an agreement with the British Virgin Islands-based group for the loan Ministry considering extending cabotage relaxation to DP World's terminal in Cochin The objective is for ICTT to attract cargo destined for Indian ports which are presently being transshipped at Colombo and other foreign ports Infosys ties up with VC firm to tap start-ups The move by Infosys Innovation Fund puts the IT firm in the league of tech titans such as Google that have partnered VC firms to find the next big thing Mobile data revenue in India to grow 18% annually: Citi Mobile data revenue in India will achieve a compound annual growth rate of 18 percent between now and 2020 Prabhu says Indian Railways will exceed Rs 8.5 lakh cr five-yr capex target Said he discussed the possibility of a $30-bn fund with World Bank to finance key railway projects As a political shocker, Mamata Banerjee claims credit for WiFi at railway stations initiative Mamata Banerjee was reacting to Modi's announcement that Indian Railways and Google will collaborate to provide Wi-Fi connectivity at 500 railway stations in the country. India fastest growing startup nation: Sundar Pichai Google chief executive Sundar Pichai on Sunday described India as the "fastest growing startup nation in the world". Online food delivery startup TravelKhana raises funding from Astarc Ventures, others Searching for Delivery of Food in Trains or Train Food Service? Order your food requirements and we will deliver the same at your seat just like a restaurant. Google to provide high speed free WiFi at 400 Indian train stations to capture attention of first time internet users The Code for India Hackathon 2015 was organised overnight at Google HQ, Mountain View, and a parallel event took place in India at Tech Mahindra, Noida today. How investments in automation and smart intelligent platforms may lead to high growth for IT firms? Automation is a double-edged sword for IT vendors as it it can cannibalise existing business although it potentially increases profitability Jobs swing in: Pre-placement offers up 50% at IITs; highest compensation tops Thats good news for students at the premier engineering schools — more of them will have jobs in hand even before final placements kick off in Dec. Accenture beats Street expectations for its fourth quarter results, but cannot be linked to Indian IT performance It makes sense for investors to not assume that Accenture’s impressive growth necessarily means that there is a recovery in IT spending Marketing Mavericks Par Excellence Marketing as a profession is mostly a daily grind. It is as methodical, as systematic and as routine as any other profession in the world. But there are some salient and significant differences only a marketer enjoys. India: Everstone, Creation invest $15m in agri-logistics firm Sohan Lal Agri-logistics company Sohan Lal Commodity Management (SLCM) has raised $15 million (Rs 100 crore) in a fresh round of funding led by Creation Investments Capital Management, and existing investor Everstone Capital. Startups are key to India's transformation: Prime Minister Narendra Modi Here is the full text of his speech: It is a great pleasure to be here. For me, this is a special event, because the idea of startups is close... TRAI inks MoU with UAE telecom regulator to strengthen collaboration The MoU pledges both countries’ commitment to promoting closer co-operation & knowledge exchange. | TRAI inks MoU with UAE telecom regulator to strengthen collaboration | Indian Television Dot Com Singapore's small, medium enterprises should enter Indian market: Top official Singapore's small, medium enterprises should enter Indian market: Top official - Speaking at a forum over the weekend, Singapore Indian Chamber of Commerce and Industry (SICCI) Chairman R Theyvandran asked the SMEs to venture into India as the time is right with a stable economy. IVRCL creditors push the company for strategic debt restructuring Pressure from creditors mounts as recast of `7,000 cr that the road developer owes appears to be at risk of failure NCR builders allege cartelization, boycott UltraTech, Lafarge India Credai president Getamber Anand said the NCR unit of the lobby is planning to approach the Competition Commission India is the fastest growing startup nation, says Google CEO Sundar Pichai Google will help India provide free WiFi at 500 Indian railway stations, Prime Minister Narendra Modi today said at the Digital India dinner with top CEOs at Silicon Valley. InMobi raises $100 million in new debt from a consortium of lenders InMobi has received nearly $60 million, of which $40 million has been used to pay off the debt raised last year from Hercules Technology Growth Capital (HTGC) 63% of SMBs in India don't have a website: Survey While 63% don't have a website, 76% of these plan to have one in the next two years, reveals a survey by GoDaddy and Redshift Research. How technology is warming up the food space in India? With inputs from Harshdeep Chowdhary and Sameer KakkarIt will be tough to overlook one or the other advertisements of a food tech start-up as a newspaper inse.. Google joins hands with RailTel to equip 400 railway stations with high-speed Wi-Fi Google and RailTel Corp. of India have joined hands to equip 400 railways station in the country with high speed Wi-Fi networks. Why India should fix the tech gap in the government first, before going full out for Digital India? The meaning of PM Modi's project changes vastly as one moves from the US to India. Housing.com names Keerthi Kiran as VP of realty projects division Realty portal Housing.com today announced the appointment of Keerthi Kiran as the Vice President of its new real estate projects division. Builders, land owners in Vizag enter into joint development contracts According to realty sources, nearly 90 per cent of standalone apartments being constructed in Visakhapatnam city are taken up under the joint development mode.. Despite challenges, e-grocery in India finally takes off Online grocery startups in India are now thriving. The top five online grocery startups in India have raised over $120 million just this year. Over 500 buyers of stalled projects in Sec 107, Noida want their flats, Protests start The projects came to a standstill following a Supreme Court order in 2013 quashing acquisition of a 225-hectare land in Salarpur village in Sector 107.. 100 Smart Cities will be developed as green cities, According to IGBC PMO as well as Ministry of Urban Development has decided to rope-in IGBC for creating environment friendly and energy efficient smart cities... Developers in Jaipur to find Affordable housing lucrative For this, four provisions have been framed that incorporate various incentives for developers and subsidies for beneficiaries by the state government.. Gujarat builders wake up to green building idea As many as 150 buildings across the state are in the process of getting green building certification and around 27 buildings have already received it from Ind.. Jaipur housing project gets investment of Rs 78 cr from India Infoline The deal was advised by the Mumbai-based investment banking firm Ashika Capital... 'GoStays' of Goibibo to provide budget accommodations The platform is available in 72 cities and covers 862 properties translating to 10,000 rooms a day, Goibibo said in a statement... ModiInSiliconValley: 7 MoUs signed between US and Indian firms to boost startups in India Aimed at giving a big boost to startups in India, as many as seven MoUs have been signed between various organisations of India and the US. The MoUs were signed as Prime Minister Narendra Modi at Termsheet.io is making funding process easy for the startups in India Almost every startup founder, who raised money, is aware of the pain of completing legal formalities. Most of the first time founders are not familiar with Self-proclaimed ethical hacker Ankit Fadia is Digital India brand ambassador Fadia made the announcement on his Facebook page. Digital India: Selling the concept in Silicon Valley is fine, but here's what Modi should understand But FreeInternet does not translate to freedom on the Internet. While Modi tells Zuckerberg “Social media helped me gain knowledge, it broadened my horizon”, the irony is far too many ordinary Indians find out the hard way that that freedom is really a minefield. TradeBriefs Publications are read by over 10,00,000 Industry Executives India Business Brief | India Retail News | India Food Brief | India Telecom Brief | India Finance Brief | India Software Brief | India Digital Brief | India Ecommerce Brief | India Franchise Brief | India HR Brief | India Logistics Brief | India Construction Brief About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India