Jan 14, 2016 - With a 25-year history as proof, here's why Sensex can end 2016 in red, too

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Sree Vijaykumar From the Editor's Desk So, Oyo Rooms has apparently now launched in Malaysia. I guess they have 'solved the problem' in India. Those were the actual words used by a co-founder of Housing.com last year ('solved' the housing problem). Look where they are now. Anyways, the only reason I can assume for such premature diversification for many Indian startups is some growth metric they have to hit to raise the next round of funding, where adding water through fatter hoses into more leaky buckets is easier to do than actually fixing the leaks. Short-term gain, long-term pain. Here's an example. Our team at TradeBriefs stayed at an Oyo Rooms property a couple of months ago. All the major promises such as uninterrupted power supply, working air conditioners, clean sheets were broken. So, they've lost us as a repeat customer for sure. Now imagine all this lost revenue from the thousands of others who might have similar experiences, revenue which could be had from India, while building a solid long-term business. Do the next round of investors care? - Comment With a 25-year history as proof, here's why Sensex can end 2016 in red, too In the past 25 years, whenever the Sensex has breached the previous calendar years lows, it has always fallen at least 10% and ended in the red. Advt:Affordable Housing Schemes in Dubai with Post hand over payment plans Affordable Housing Schemes in Dubai with Post hand over payment plans Baidu says in talks to invest in Indian e-commerce start-ups The e-commerce market could grow in terms of the value of goods sold to $220 billion by 2025 from $11 billion in 2015, BoFA Merrill Lynch estimated Congress gives six key suggestions on Start Up India policy The Congress suggestions were released by Jairam Ramesh who insisted before the NDA regime started focussing on ‘start ups, during UPA regime. Banks, companies must improve numbers: Moody's Corporate profitability will improve in 2016-17 as more and more stalled projects get back on track, says Moody’s India puts on hold further market access to Singapore's DBS Bank Official says reciprocal move because Indian lenders not allowed to expand in the city-state Banks losing market share to bond markets, says Ambit Report The loss in market share has come against the backdrop of easing interest rates in the economy which have transmitted more quickly through the bond markets Govt may form panel to select start-ups eligible for incentives The board will be at the joint secretary level and will meet from time to time to vet the proposals SRL Diagnostics in talks with top PE funds for 34% stake sale KKR, Warburg Pincus and Baring Private Equity Asia have shown interest in buying the 34% stake held by the healthcare firm Bharti Airtel to sell Burkina Faso, Sierra Leone operations to Orange The company did not disclose the size of the transaction, but analysts estimated it at around $900 million IOC says to invest up to Rs18,000 crore in 6 refineries The firm will invest up to Rs18,000 crore in six of its refineries to upgrade fuel specifications to meet govt norms Will online pharmacies work in India, and are they even legal? The sector has attracted $92.6 million funding with over $70 million coming only in 2015 SBI secures Rs 3,300 crore credit line from Korean Exim Bank SBI today said it has secured a $500 million loan from Korean EXIM Bank to help fund companies from the East Asian nation setting up units in India. PSU bank space a black hole, will become next BSNL/MTNL At the stock level, shares of Bank of India, Oriental Bank of Commerce, SBI, PNB and others have dropped up to 65% during the same period. Insurance firms to get cluster of districts Agriculture minister Radha Mohan Singh says 15-20 districts will be clubbed together and given to one insurance company Public sector banks: caught between bad assets and low capital adequacy Public sector banks have become pariahs on the Street, what with the Nifty PSU Bank index slumping by 40% in the past year, even underperforming the BSE Metal index’s 32% loss Most video consumption in India through TV Mobile VOD company Vuclip conducted a survey for 2015 on global video insights across 4,600 users India, Malaysia, Thailand, Indonesia, UAE and Philippines along with the US, UK, Singapore and Australia markets. Viewing preferences of the Indian market:  - 56% Indian viewers showed prefere How Mobile Apps Are Improving India's Rickshaws Noisy and ungainly, India’s three-wheeled auto rickshaws are an iconic form of urban transport that can be hard to love.   Indian regulator questions Facebook's claim of 11 million Free Basics supporters The Telecom Regulatory Authority of India has questioned the legitimacy of Facebook's claims of 11 million Indians supporting Free Basics. Chinese investors make strong pitch for Make-in-India Officials of some of the leading Chinese companies which have invested in India have made a strong pitch for their local counterparts to step up inves.. Chinese Mobile Makers Commit Major Investment in 'Make in India' Initiative Many Chinese firms are looking for avenues to set up manufacturing base on their own or through joint ventures with Indian counterparts Are you looking forward to 4G in India? The anticipated 4G boom is expected to lead to a trebling of data revenue to Rs 80,300 crore (about $12 billion) over the next two years. Capgemini appoints Srinivas Kandula as CEO of India operations "Capgemini in India currently has over 87,000 employees, which is nearly 50 percent of the Group, and caters to over 800 customers globally," Kandula .. Target 2019: Make 500mn mobile phones in India According to a report by the Economic Times, alongside the target of the stipulated number of devices, the Make in India-driven industry will aim to create 1.5 Start in India, stay in India, government tells fleeing startups The government will announce broad measures to help startups “Stay in India”, according to two people familiar with the matter. Ericsson announces Innovation Awards India 2016 NEW DELHI: Telecom equipment major Ericsson has launched its  second edition of Ericsson Innovation Awards India 2016 in association with Foundation f... Amazon India pedals for greener world, delivers packages under 5km radius by bicycle Amazon is running a pilot programme on delivering packages in Indias biggest cities over distances of 3-5 km — by bicycle. Online marketplace for business goods and supplies Tolexo appoints Myntra's ex-logistics head Mayank Kamal as the head of its supply chain vertical Tolexo has appointed Myntra's ex-logistics head Mayank Kamal as the head of its supply chain vertical, said the company in a press release. Every single transaction in my e-commerce venture is profitable: Dinesh Malpani, Urdoorstep.com CEO Every single transaction in my e-commerce venture is profitable: UrDoorstep.com CEO - Online hypermarket UrDoorstep.com, which launched operations in October 2015, is the latest kid to join the e-tailing bandwagon. Dinesh Malpani, founder and CEO, UrDoorstep eRetail Pvt Ltd, in conversation with Ashish K Tiwari, speaks about his new start-up journey, differentiated business model and focus on profitability. Edited excerpts... TCS chief N Chandrasekaran allays slowdown fears, says it’s a passing phase Chandrasekaran has said the fourth quarter will be better than the third for the company, promising that he is paying close attention to the reason for the misses. iGATE's Srinivas Kandula appointed as the new CEO of Capgemini India operations In his first interview after taking over as CEO, Kandula told ET that his focus will be to drive transformation in the area of execution. Chinese companies to invest $2-3 billion in Indian mobile industry Holitech plans to set up a manufacturing facility in India over the next three to five years, for which it is willing to put in 20% equity. Global PC shipment declines 8.3% in Q4 2015, says Gartner For the year, PC shipments totalled 288.7 million units in 2015, an 8 per cent decline from 2014, Gartner said in a statement. After layoffs and ups and downs, the Indian food-tech startups still promises to grow As per data compiled by Tracxn, there were 335 online ordering start-ups in India at the end of 2015 China's Baidu eyes Indian ecommerce start-ups including Zomato, BookMyShow and BigBasket The Nasdaq-listed company, which has a market cap of nearly $60 billion, is looking to buy "strategic stakes" in local startups. Unicorn India Ventures invests in cab aggregator startup Roder Total investment is pegged at Rs 1.6 crore Google creates virtual reality computing division with key executive to run it Alphabet Inc's Google has created a virtual reality (VR) computing division and moved Clay Bavor to run the new arm, Re/code reported citing people familiar with the matter. High on technology, automakers tap mobile software Software expertise has become the new battleground for upscale automakers as the latest premium cars compete on high-tech innovations rather than sheer power or luxury, something that requires millions of lines of code. India on track to register entire 1.25 billion population using Aadhaar digital ID: World Bank India is on track to register its entire 1.25 billion population using its Aadhaar digital ID, the World Bank said today. Daily needs and emergency service app OK Sir to foray into Bengaluru; looks to raise $20 million for expansion Ok Sir is already live in Mumbai, Delhi and Pune with a user base of nearly one lakh customers and provides its customer base with a bouquet of over 150 services. Chinese search engine giant Baidu looking for stakes in Indian startups like Zomato, Bookmyshow, Big Basket Chinese search engine company Baidu is looking for stakes in Indian startups like restaurant search and service provider Zomato, Online … 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