Jan 6, 2016 - No dramatic shift likely in economy this year

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Sree Vijaykumar From the Editor's Desk Here's a framework to keep in mind when making important decisions - at work or in life. Let's call it the Tradeoff-Probability framework. First of all, it's important to realize that every decision you take has a trade-off. Even not taking a decision is a decision to continue with the status quo and that has a tradeoff - you might be missing out on an exciting opportunity. For example, if you are unsatisfied with your current job, it is important that you take a decision - find a new job? fix whatever is bugging you in your current job? Stay on and do nothing? Here, we introduce the probability framework. What is the probability that finding a new job will make you happier? In addition to the obvious positives and negatives, consider the positives of your current job and the novelty factor wearing off on your new job. If the probability is high (> 75%) that the tradeoff for your new job vs your old job is a better one, it's time to move. What thinking about probabilities does is recognize that nothing in life is certain. The best you can do is get as much information as possible and try to ascertain a probability to the outcome. A series of high probability positive decisions makes for a satisfying life with no regrets - Comment No dramatic shift likely in economy this year No dramatic shift likely in economy this year - India's economy will struggle to stay firm on stable ground even as global factors, sluggish private domestic investments, dwindling exports try to weigh it down Advt:Affordable Housing Schemes in Dubai with Post hand over payment plans Affordable Housing Schemes in Dubai with Post hand over payment plans Railways will soon invite bids for modernisation of 400 stations: Finance Minister The government is considering plans to entrust the management of smaller airports to non-state entities while the railways will soon invite bids for modernisation of 400 stations. India needs more entrepreneurs and less policy: Kunal Bahl, Snapdeal Ease of doing business is important for any enterprise, but critical for startups, says Kunal Bahl who is the cofounder of Snapdeal. Increase in infrastructure deals seen for 2016 Investments from a new set of infra buyers likely, say experts, with a number of such deals in due diligence stage Lafarge plans to exit India operations Submits revised proposal to CCI as Birla Corp deal fails Educomp lenders looking at strategic debt restructuring As of September quarter, the total consolidated debt of the company was at Rs3,056.99 crore Could Coal India become a victim of its own success? CIL has seen impressive production growth every month so far this fiscal year. But could lower demand from the power sector prove to be a party pooper? Attractive valuations in equity market may rekindle interest among FIIs Attractive valuations in the Indian equity market may rekindle interest among foreign funds who have turned cautious in recent months. HSBC apologises for online banking outage Getty Images North AmericaRegulators are scrutinising HSBC over the bank's two-day online banking outage that has prevented millions of customers from accessing Have closed-end funds delivered? Schemes launched before May 2014 have done well; those that came after struggle, due to high valuations PE funds set to extend investment spree in real estate GIC, Blackstone Group and Warburg Pincus were the heaviest investors in 2015 in a sector that has stagnated in recent years New bankruptcy code can help regularize vendor payments Bill allows unsecured creditors file insolvency application against a firm where payments are due Akhil Gupta, KKR to buy into asset recast company IARC of Tata Capital & HDFC Bank Bharti Group veteran Akhil Gupta and leading US private equity firm KKR will pick up a majority stake in an asset reconstruction company. Will a quarter of discom debt need to be classified as bad loans? It could mean an addition `1 trillion in bad loans added to existing gross NPA stock of banks which is a little over `3 trillion Are pharma stocks losing their defensive edge? One reason for the sector’s weak performance could be selling of shares by foreign investors to recoup losses incurred elsewhere Why $3.2 billion India-Iran UCO Bank scam is not getting probed under PMLA? At present, India-Iran UCO Bank scam with an international ramifications is getting probed under FEMA Act in Mumbai ED office. Barclays plans to shut India equities business: Reports Barclays Plc plans to shut its India equities business as part of the British bank's efforts to slash costs and boost profit. Arun Jaitley says public investment to remain high in 2016-17 Increased govt spending through more funds in the form of public investment will continue to drive the efforts to revive the economy, Jaitley said Marketplace model used by ecommerce companies not recognised under India's FDI policy: DIPP The department has also suggested that its up to the financial watchdogs to investigate whether there has been any violation of FDI rules by online retailers. 24x7 retail stores violate labour laws: Central trade unions Central trade unions, including RSS-affiliate Bhartiya Mazdoor Sangh, have outright rejected governments proposal to allow retail stores open 24x7. CEOs of retail chains to make a beeline at AP Partnership Summit It is being held from January 10-12 at Visakhapatnam Flipkart: The Big Deal Flipkart is popular because of the global HR practices it has adopted to ensure that employees benefit the most, , e-commerce, most respected companies 2016, magazine 11 January 2016, flipkart, Binni Bansal, sachin bansal India Mulls Lifting FDI Limit for Multibrand Food Retail India Mulls Raising FDI Reality check: India's most funded hyperlocal startup Grofers shuts shop in 9 cities It had raised $120 million in November from SoftBank and others. Telecom companies threaten to raise tariffs to make up for call drop fine Mobile phone operators have warned that they will be forced to increase voice and data tariffs if they have to compensate their subscribers for call drops. TataCap's fund backs US mobile tech pioneer TCIF invests USD 5 million in Alef Mobitech Solutions - Alef Mobitech Solutions is a fully owned subsidiary of US-based Alef Mobitech."The consumption of data in general and videos in particular is increasing exponentially China's Letv enters India with smart cycle, virtual reality helmet Chinese smartphone maker Letv on Tuesday launched its innovative Le 3D helmet, LeMe bluetooth headphones and a super cycle here. Lenovo Group sees India shipments cross 8 mn in 2015 Lenovo had acquired Motorola Mobility in a USD 2.9 billion deal from tech giant Google in 2014. 1. 2016 will be the year of mobile eCommerce in India. No REALLY this is the year! eCommerce has boomed in India over the past couple of years primarily due to the rise in mobile Internet access and improvements across payment and delivery Government backs Trai in tussle on call drops government supports TRAI in call drop compensation debate Hitachi Solutions India to increase headcount, acquires Ignify "We intend to touch 1,000 employee strength in 18 months time. Currently Hitachi Solutions India has around 300 people," Ananthanarayanan Subramanian. Growing mobile payment market in India Digital wallet payment solutions are becoming more relevant for the Indian economy driven by mobile-centric internet penetration. The Reserve Bank of India (R.. BSNL to use 40000 Wi-Fi Hotspots to provide 4G-like services in India Under the scheme, 500 Wi-Fi Hotspots have been set up in the country, and the company plans to increase them to 2,500 in the current financial year. Five trends for Indian telecom in 2016 Paytm appoints former Boston Scientific Corporation and ITC executive Varun Khullar as the head of partnerships division at its proposed payment bank Mobile payments and ecommerce firm Paytm has appointed former Boston Scientific Corporation and ITC executive Varun Khullar as the head of partnerships division. Chinese internet and technology company Letv enters India with niche products, including a smart cycle and a 3D virtual reality helmet “Mobile phone is definitely the key focus. We want to sell a complete ecosystem," said Dickson Lee, general manager - smart devices for Asia Pacific at Letv. Gifting card solutions provider Qwikcilver sees the value of active cards on its platform reach Rs 2,000 crore by the end of March The company, which counts Amazon among its investors, expects to increase this value further five fold in the next three years. B-school placements: start-ups may not make a splash this year; most are now focussing on consolidation, profitability Having over-hired last year, most are now focussing on consolidation, profitability Flatfurnish raises an undisclosed amount of funding from Jabong Co-Founder Arun Chandra Mohan; funding will be used in expansion of the company Furniture inventory posted on the website is manufactured by the company itself. Flatfurnish follows in-house designing of products to make sure that the products being manufactured are durable IAMAI names Kunal Shah, co-founder FreeCharge as its new chairman; appoints Vishwas Patel, chief executive officer, CCAvenue as the new treasurer He replaces Nishant Rao, who moved to Chennai from Gurgaon to join a startup called Freshdesk San Francisco-based Blueshift Labs Inc raises $8 million (Rs 53.2 crore) in a Series A round of funding led by Storm Ventures Funds will be used for marketing, sales, product development. Fundraising no cakewalk for edu-tech start-ups; Investors say the dream for edu-tech start-ups could be over as there is a fundamental fault in the companies Investors say the dream for edu-tech start-ups could be over as there is a fundamental fault in the companies SBI to set up a first-of-its-kind branch to cater exclusively to the growing banking needs of start-ups The nascent yet burgeoning start-up ecosystem has caught the attention of SBI. The 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