Dec 11, 2015 - IVFA in talks to buy stake in Cloudnine Hospitals for Rs450 crore

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Sree Vijaykumar From the Editor's Desk So, Twitter India's revenues have tripled this year to Rs 13.26 cr from Rs 4.17 cr last year. This is 0.12% of Twitter's global revenues of $1.59 billion. While Twitter doesn't provide a region-wise breakup of its users, an eMarketer report suggests around 20 million Twitter users in India, which puts it at around 7% of overall Twitter users. So, 0.12% of revenues from 7% of its users. Facebook made around 0.50% of its revenues from India last year, with a user base which is around 10% of its global user count. Google has a similar ratio. The entire digital advertising market in India is only around Rs 5000cr, with several hundred ad networks and publishers vying for a piece of this pie. So, what's going on? Yes, our users monetize less, which is in proportion to our per-capita income, which is much lower than the US or UK. But that's not the whole story. Our user numbers might be large, but usage is still low. Most internet users still can't afford data and use it sparingly to 'whatsapp' each other or watch videos every once in a while, purchasing prepaid packs. Will the launch of the much awaited Reliance Jio and the subsequent competition amongst telcos reduce data prices enough to increase usage? Will this change the game for digital media companies in India? - Comment IVFA in talks to buy stake in Cloudnine Hospitals for Rs450 crore IVFA plans to acquire 35% in Cloudnine Hospitals in which Matrix Partners India and Sequoia Capital will sell their stakes partially Advt:Affordable Housing Schemes in Dubai with Post hand over payment plans Affordable Housing Schemes in Dubai with Post hand over payment plans India, Japan may launch company to fund road projects India’s cabinet has approved picking Japan to build a multibillion-dollar, high-speed railway, an Indian government official said. Is the Reserve Bank of India bracing for currency volatility? To make the point that the RBI is watching and won’t hesitate to step in if it feels that there is a speculative attack on the currency in the coming weeks Havells to sell 80% stake in Sylvania for over Rs1,070 crore Havells India will sell 80% stake of each of its subsidiaries—Havells Sylvania Malta BV and Havells Exim Ltd—to Feilo RBI to meet bank chiefs on SDR, 5/25 refinancing Meeting comes in the wake of worries that schemes to manage stressed assets are not being used as intended Indian economy suffers $3 billion loss from recent floods-Aon Benfield India suffered a $3 billion loss to its economy from severe rainfall and flooding in November and early December, reinsurance broker Aon Benfield said. Minority shareholder sues Cairn India Alleges $1.25 bn loan by Cairn India to Vedanta violates Section 67 of the Companies Act, next hearing on Jan 5 Companies raise Rs 13,000 crore through IPO in 2015, best in 5 years The success of issues like Alkem Labs and PathLabs means that cos have raised Rs 13K crore so far from the IPO market in 2015. RBI lets IDFC Bank into Second Schedule list "We advise that the IDFC Bank Limited has been included in the Second Schedule of the Reserve Bank of India Act, 1934," RBI said. Aye Finance raises Rs 20 crore from Accion and SAIF Small business lender Aye Finance has received Rs 20 crore funding from Accion, a pion Banks need $140 billion to comply with Basel III norms by FY19 It also said that they are unlikely to see a significant improvement in the credit growth unless capital and bad loans related issues are resolved. Aditya Birla Real Estate Fund looking to raise Rs1,000 crore With Rs90 crore investment in Sunteck project, the Rs1,100 crore fund has deployed its entire corpus across 13 deals Bank officers withdraw call for nation-wide strike Demonstrations were held within the premises of Bank of India, PTI Building, Masab Tank on Tuesday as a prelude to the countrywide All India Bank Officers Confederation (AIBOC) on December 11.The Conf Healthcare IPOs get a thumbs up IPOs of Alkem Laboratories and Dr Lal PathLabs heavily subscribed; positive investor sentiment could help share sale by Narayana Hrudayalaya that opens next week Ecommerce in India: Is It A Game of Thrones? So Game of Thrones was again in news related to some new characters it will cast for its new season next year. Speculations abound about Jon Snow and hopefully, if alive, he will ‘know something’ worthwhile in the coming season. Fashion retailer Jabong appoints Sanjeev Mohanty as new CEO, MD Sanjeev Mohanty has taken over the reins of India\ QikPod Wants To Solve India's Logistics Woes With Smart Lockers India’s e-commerce market is growing at an incredibly quick pace and expected to be worth $100 billion by 2020. All online sellers, however, face a major.. Call drops have scope for improvement: Ravishankar Prasad Communications and IT minister Ravishankar Prasad is confident of turning around the once powerful state-run telecom entity BSNL and hopes it will be profitable in two-to-three years. In an interview to TOI, Prasad says there is still scope for improvement on call drops. Excerpts. Telcos move Delhi High Court on regulator's call drop ruling Terming the Trai order as mutually contradictory and destructive, the two telecom industry bodies, Cellular Operators Association of India and Association of Unified Telecom Service Providers of India, have moved court. Telecom lobbies move court on call drops Trai is attempting to once again address the question of net neutrality and exploring whether zero-rating plans and schemes are in violation of the principle of net neutrality. Merge Mum, Maha telecom circles: MPs Nearly ten MPs from the state on Thursday approached the Union telecom minister Ravi Shankar Prasad asking for a merger of the Mumbai and Maharashtra circles. If their plea is accepted, consumer bills can reduce by anything between Rs 80 to Rs 200 (depending on number of inter-circle calls). For mobiles, 'Make in India' is just a screwdriver job With zero duty on semi-knocked-down kits, it is cheaper to assemble than make locally Better governance to make India 21st century leader: IBM According to a survey by IBM, 51% of executives said improved governance and removal of excessive regulation will be a crucial driver of sustained eco.. PayUbiz brings One Tap Technology to simplify mobile e-commerce E-commerce industry has certainly increased our purchasing capacity by offering everything on our mobile and laptop screens. The online marketplaces let us Vodafone 4G finally available in India; roll out begins from Kochi on 14 December Vodafone states that its high-speed mobile internet experience is backed up by an extensive fibre network that has been overhauled to deliver superior speeds. Mobile platform to fuel demand for digital coupons in India Digital coupons are slowly but gradually witnessing an increase in demand in the Indian market. Thanks to the savings they offer to consumers, and more bus In India, digital would mean more of mobile in 2016: Study The ‘What’s Next in 2016?’ report has been prepared along with MICA, Ahmedabad Paynear Solutions raises pre-Series A funding of $ 2.5 million from serial investor Mitesh Majithia Hyderabad-based Paynear Solutions Pvt. Ltd, a payment solution provider has raised pre-Series A funding of $ 2.5 million from serial investor Mitesh Majithia. Month Old Furniture Portal HomeStudio raised $5million in seed funding from real estate developer Bren Corporation HomeStudio, an online portal which offers end to end modular home furnishing solutions, has raised $5million in seed funding from Bren Corporation. India ranked third in launching new startups globally Despite becoming the third-fastest growing base for startups worldwide, many of India's startups fail to take off due to lack of support. Infosys bets on new software platforms for growth and aims at meeting $20-billion target in revenue by 2020 Infosys has started working on new software platforms to ensure differentiation from other top-tier rivals as part of the broader goal. Is India's startups ecosystem maturing with rising layoffs? At least 3,270 employees have lost their jobs in 20 startups in past 6 months, according to a survey by GrowthEnabler. Indian techies taking up freelance coding assignments for clients halfway across the world Across India, tens of thousands of coders on the rolls of marquee Indian IT service firms are moonlighting, after work and on weekends, for clients halfway across the world. Cisco releases three products, all made-in-India for the world One, to boost connectivity within and between data centers, the second, to scale networking capabilities and the third, a controller to handle traffic from a large number of devices. 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. 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