Dec 7, 2015 - Alvarez Marsal starts PE consultancy in India, to offer PEPI services

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Sree Vijaykumar From the Editor's Desk The Delhi government should be applauded for introducing the odd-even license plate scheme to reduce pollution. While many seem to think this is some outlandish brainchild of Mr Kejriwal, this (or a variation of this) has already been implemented in various cities around the world, ranging from Beijing (where it's been shown to have reduced pollution levels by 40%) to Paris to Bogota. The scheme should also reduce the chaotic traffic on the roads. While in the beginning it will prompt car owners to either carpool or take public transportation, in the long term there is a danger that some will buy second cheaper more polluting cars. Bogota tried to circumvent this by switching the combinations of days and numbers every year. Delhiites should welcome this step, like the Chief Justice of India has. Now, let's hope the Delhi Police co-operates in implementing it - Comment Alvarez Marsal starts PE consultancy in India, to offer PEPI services This comes at a time when private equity fund managers have turned their focus on portfolio companies in which they have a majority stake. Advt:Affordable Housing Schemes in Dubai with Post hand over payment plans Affordable Housing Schemes in Dubai with Post hand over payment plans AIA group to increase its stake in Indian life insurance venture to 49% Many overseas insurance companies have been increasing stake in Indian ventures after the government allowed foreign investments in Indian ventures to 49% in 2015. Paytm acquires Near.in to strengthen its presence in online-to-offline space Paytm has acquired online marketplace for hyperlocal services Near.in, its first buyout since securing $680 million in funding commitments from Alibaba Group. PE funds increasingly looking for buyout deals Twenty private equity funds have concluded control deals worth $2 billion this year, closing in on the highs of 2013 Doha Bank: Plans afoot for full-scale subsidiary in India Sovereign wealth funds from Gulf countries should be encouraged to invest in In Banks announce measures to provide relief to Chennaiites To help victims, bank officials are standing near ATM machines, hospitals, railway stations and other important places to dispense cash with hand-held machines. Sebi likely to set strict norms for stock exchange shareholders Sebi may scrutinize investors, even if they declare themselves as fit and proper at the time of investment Parliamentary Panel slams Finance Ministry over release of measly funds to MEA The panel expressed concern over "incongruously small size" of the Indian Foreign Service given the enormous tasks and challenges. APUS Group sets up Rs 300 crore fund in India Earlier in September, ET reported that the APUS entity had set aside Rs 100 crore to invest in early-stage firms over the next 3-4 years. Govt orders quick issue of income tax refunds under Rs50,000 According to govt data, over `5,400 crore is locked in pending refunds, which has become a major grievance for taxpayers Ten stocks that can give 10-40 per cent returns in 2016 The earnings downgrade cycle for India Inc is not over yet, but some companies have managed to buck the trend. Irdai to launch portal for health insurance plans information The portal will be having all the information like treatment facility, cost of treatment and cost of claims among others relating to the 35,000 hospitals. SBI to become aggressive to take on competition, says Arundhati Bhattacharya Chairperson says SBI would adopt an aggressive strategy by offering more digital products and ramping up the business correspondents model Banks to blame for Amtek Auto’s bloated debt The Delhi-based auto parts maker hit the headlines when it defaulted on repayment of bonds worth Rs800 crore Five ways in which GST will help Indian economy The govt is likely to concede to the Congress demand to do away with this tax, which was proposed to compensate manufacturing states. GMR in talks to sell 30% in airports arm PE firms Fairfax, KKR frontrunners for stake; GMR Airports plans to raise $500-700 million at $1.5 billion enterprise value Ecommerce players to help India's 2016 advertisement spend grow 13% Advertisement spend in India is set to grow 13% in 2016 with ecommerce players, telecom operators and mobile handset makers leading the way, forecasts ZenithOptimedia. Transport Corporation of India in pole position to gain from ecommerce boom, GST Its vast network of 1,400 branches, 10.5 million square feet warehouses and 9,000 owned and managed trucks makes it difficult to emulate. Micromax annual revenues cross Rs 10000 crore in 7 years Micromax has crossed Rs 10,000 cr in annual revenues during year to March 2015, and is now within striking distance of brand Sony in the Indian market. The year Amazon delivered on its founder's vision Jeff Bezos has built internet retailer Amazon into a giant and ruthlessly efficient operation Food festivals are hot new trend in the metros. But how viable is the business? Why indeed has the revitalised mela become so popular? And what kind of business really does it make, for both organisers and participants? Barcelos targets Rs 200 crore turnover, 30 outlets in 4 years South African restaurant chain Barcelos is looking to reach Rs 200 crore turnover and open 30 outlets in the country over the next four years. Reliance Jio set to replicate the success of China Mobile Business Today Before the end of the year, the fashion and lifestyle formats of Reliance Retail will roll out its e-commerce initiative in sync with Jio's business. Reliance's e-commerce initiative in grocery, reliancefreshdirect.com, would be scaled up to serve new ...sp; Singapore pips Mauritius as India's top FDI source During April-September 2015, India has attracted $6.69 billion FDI from Singapore while from Mauritius, it received $3.66 billion (Rs 23,490 crore). India's 3rd internet gateway ready to start operations Bangladesh's lone submarine cable operator, Bangladesh Submarine Cable Company Limited (BSCCL), has already connected 10 GBPS bandwidth with Bharat Sanchar Nigam Ltd (BSNL) cable last week at the Akhaura integrated checkpost. Technically, the internet gateway is ready and is giving the expected results in signal test in Agartala. The internet highway of submarine cable from Cox's Bazar in Bangladesh has been connected to BSNL cable at Akhaura checkpost. A third internet gateway becomes essential for India to ensure connecting all localities, services, amenities and individuals into the telecom network under Digital India initiative. AGARTALA: The third international internet gateway in Agartala is all set for inauguration which will take place after finalization of the schedule of Prime Minister Narendra Modi and his Bangladesh counterpart. Mobile wallets: All you need to know A digital or a virtual wallet is to a traditional wallet what an email is to postcards. Most of these wallets work through apps that you can download on your smartphones, hence the term ‘mobile wallet.’ WhatsApp, Facebook and UC Browser are India's most popular apps: Report UC Browser is the third most used app in India after social networking giant Facebook and mobile messaging service WhatsApp, according to a new report. HP High Court rejects petitions against mobile towers The Himachal Pradesh High Court has dismissed multiple petitions filed against setting up of mobile towers citing health hazards. Millions of smart TVs, phones and routers at risk from old vulnerability The finding highlights problems around less rigorous patching by manufacturers Telecom companies suffer Rs 300 crore loss due to Chennai floods The Cellular Operators Association of India (COAI), has, reportedly, estimated a loss of Rs. 300 crores owing to network restoration and revenue losses over the past week. RCom to sell mobile towers to Tillman, TPG to cut debt Tillman and TPG will also evaluate purchase of RCOM's extensive nationwide inter-city, intra-city optic fibre assets, in a separate and independent transaction. Flipkart appoints former Tata Communication's executive Sanjiv Saddy as senior VP of corporate affairs and business development Flipkart has appointed former Tata Communications executive Sanjiv Saddy as senior vice-president of corporate affairs and business development. Consumer forum slaps a fine of Rs 2,000 on Amazon for not delivering a pair of shoes booked by a resident of Guna district A district consumer forum has slapped a fine of Rs 2,000 on online shopping major Amazon for not delivering a pair of shoes booked by a resident of Guna district for which a payment of Rs 899 was also made online. Facebook, WhatsApp most used apps in India; UC Browser ranks third: Report Android owners in India and the US show big differences in usage of various mobile apps, with Indians far more likely to use utility apps, the mobile web and shopping apps Myntras ad with Radhika Apte: Why it misses the real picture on maternity leave in India The ad highlights the issue of discrimination against pregnant women at the workplace, but the point made is for those from a privileged background, not the everyday woman. 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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