Nov 16, 2015 - Bad loans of Indian banks: is the worst over?

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Bad loans of Indian banks: is the worst over? About Rs4.3 trillion worth of bank loans are likely to be converted into bonds. This will be a relief for the banks, but they would need to work hard to recover and monitor bad loans Advt:Why Investments in Dubai Real Estate is safe through Escrow Why Investments in Dubai Real Estate is safe through Escrow Banking & securities firms to spend about Rs 50,000 crore on IT This forecast includes spending by financial institutions on internal IT (largely personnel), hardware, software, external IT services and telecommunications. India on cusp of 'Whatsapp moment in finance', says Nandan Nilekani India on cusp of 'Whatsapp moment in finance', says Infosys co-founder Nandan Nilekani - These game-changing milestones include the working of existing technologies that are enabling access to people and reducing procedure, paperwork and time Are e-wallets beginning to worry banks? Electronic wallets are becoming increasingly popular in India, riding on the back of the growth of e-commerce PE Investments in India Hit $14 Billion in January-October Private equity investment soared close to $ 14 billion, registering a steady growth over last year but the average deal size has come down. Banks squeeze out mid-size companies as bad loans rise Outstanding credit to mid-sized firms stood at Rs1.14 trillion, down 10% at the beginning of the financial year Online consumer lending startups take on banks & NBFCs, but how safe is this business model? Investors feel that the vacuum left by traditional banks in terms of not meeting the financial needs of consumers satisfactorily has led to the proliferation. Sebi wants MFs to lower salary of senior executives The issue is likely to be discussed by the fund houses during the next board meeting of the industry body AMFI, Provident fund organisation invests Rs2,300 crore in ETFs in Aug-Oct EPFO decided to invest 5% of its incremental deposits in the ETFs during the current fiscal How to make your investment income work Diversify periodic income into different asset classes. Also, consider tax implication of the payout Arun Jaitley to meet PSU banks’ chiefs on 23 November Arun Jaitley will discuss various issues with heads of banks, including bad loans and credit flow to productive sectors of the economy Fertilizer ministry seeks over Rs25,000 crore for urea subsidy bills Ministry is facing shortage of funds for making payments to domestic urea manufacturers Modi government goes high on reforms; new bankruptcy law, subsidy rules on anvil DIPP has proposed to marry industrial codes with the FDI policy, bringing about significant clarity in the overall foreign investment framework. Your office canteen may soon offer Burger King You may soon be able to gorge on burgers from Burger King in your office canteen. After having set up shops in airports and the Delhi Metro, the world's second largest quick-service burger chain is all set to widen its footprint into corporate offices across India. In order to tackle attrition, Flipkart sells marginal stake in employee trust fund to HNIs for Rs 180-240cr Such a move gives employees holding stock options an avenue to monetise them, something they normally wouldnt be able to do in absence of a listing. Ecommerce firms' new game plans spoil party for payment wallet companies like Oxigen and Paytm Payment wallet firms say they are getting locked out of the booming ecommerce sector as the companies prefer their own subsidiaries. Western food chains like Burger King, Pizza Hut tie-up with big brands to step up footfalls Yum! Restaurants, which owns Pizza Hut, has tied up with PepsiCos snack brand Kurkure to sell Kurkure pizzas at its stores. Meeting the PM was an important step for our expansion plans: Peter Agnefjall Interview with CEO, IKEA Bringing the local store closer Zopper's first mass market campaign aims to represent the brand as one that embodies the trust of the local retailer and the convenience of online Exclusive: Indian fashion retailer V-Mart exploring digital strategy that blends with offline strategy Delhi-based V-Mart Retail Ltd., a fashion retailer with over 100 outlets in India, is studying the online business model to launch its digital platform E-commerce companies trying to correct lack of goods of female interest Indias e-commerce industry is frenetically trying to right a gender imbalance as lady customer frequent websites and find little of interest on their websites. When it comes to people management, old school CEOs are way ahead An ET Magazine -MavenMagnet study delves into how startup CEOs, the rockstars of today, stack up against their traditional counterparts. Five bookstores you'll find only in Bangalore Selling both new and second-hand books, all of them are located in and around the neighbourhood of Church Street. Two Corporate Executives Held for Stealing Online Store's Data Navi Mumbai Police has arrested two corporate executives for stealing data of a leading online store and selling it to other companies. Falling 4G device prices to trigger consumer demand for 4G services: Amit ... Migration and modernisation of equipment to higher technologies will happen, which will have a direct or indirect positive impact on us. Canada-based Datawind may invest Rs 200 crore in two 4G device units in India Datawind is also teaming up with Reliance Communications to launch the worlds most affordable smartphone — priced at Rs 999 — by the end of this year. Brazil far-right protesters call for military coup Brazil far-right protesters call for military coup against President Dilma Rousseff - Most at the protest called on Congress to impeach the president Billionaire Mittal Says Reliance Will Shake Telecom in India Bharti Airtel Ltd.’s Chairman Sunil Mittal said India’s richest man Mukesh Ambani is going to shake up the country’s telecommunication industry with the start of a $15 billion fourth-generation wireless service. Intex Aqua Super 4G with 3GB RAM launched in India, priced at Rs. 10390 Intex has launched a new mid range smartphone under Aqua series called Intex Aqua Super. The smartphone with 4G is launched in India at Rs. 10,390. How Apple finds itself alone in the luxury smartphone space In India, the Apple iPhone 6s, iPhone 6s Plus have no competitors when it comes to pricing and for the Cupertino-tech giant this might just work. Telecom Commission approves Trai's views on spectrum holding limits Telecom Commission has approved recommendations made by TRAI to implement spectrum cap Vodafone to invest Rs 13000 crore, retells commitment to support Digital India ... Vodafone committed to invest Rs. 13,000 crore (£1.3 billion) for new business initiatives and capacity amplification. Unhappy with our service standards, will resolve call drops soon: Vodafone India Unhappy with our service standards, will resolve call drops soon: Vodafone India - The company said it is working on a war footing to improve the network and add more sites. 50 lakh customers opt for free life insurance: Telenor India The company in September announced a free life insurance scheme for its customers in partnership with Shriram Life Insurance and MicroEnsure. Paris Attacks: Call for a stronger global military response The Paris terror attacks are likely to galvanize a stronger global military response to Islamic State, after a U.S.-led air war that has lasted more than Swachh Bharat cess: Eating out, travelling and phone calls to get costlier ... Swachh cess: Eating out, phone calls get costlier as service tax hiked to 14.5% - The Swachh Bharat cess would be levied only on the portion of taxable services (after abatement) and will go towards funding of the cleanliness drive, a pet project of Prime Minister Narendra Modi. E-commerce apps vs mobile sites: Which is better? Is the app fascination of e-commerce companies killing the fun of shopping online? Or is it offering benefits that websites cannot provide? Let's find out... Alphabet Inc (GOOG) Enters The Indian Ecommerce Market Through Flipkart Google, handheld by Flipkart, enters into the booming Indian eCommerce Market, Bound To Reach Over $200 Billion By 2025. Myntra Comes Under Attack On Twitter For Selling Cow Hide Shoes RSS volunteers mentioned in one of its tweets that it wants the govt to take action against ecommerce site, Myntra, for selling cow leather shoes, and thus, hurting religious sentiments of Hindus. Indian Grahak, the Kolkata based online supermarket, acquires online hyper-local marketplace Dyscover in a cash and stock deal Indian Grahak, the Kolkata based online supermarket, has acquired online hyper-local marketplace Dyscover in a cash and stock deal, reports NextBigWhat. It is Flipkart becomes the third largest retailer in the country, only behind Future Group and Reliance Retail in terms of reported earnings Businessworld BusinessworldThe growth of Flipkart suggests that etailing is here to stay. However ... Amazon on the other has committed large sums of money, $3 billion so far, to its Indian subsidiary Amazon India and is already beating Indian etailers in customer service and 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