Feb 3, 2016 - RBI eases stake sale rules in start-ups

View online   Advertise              Unsubscribe from TradeBriefs Business Daily

Sree Vijaykumar From the Editor's Desk In this piece, Jonathan Friedland of Netflix clarifies their strategy with respect to India (and the rest of the world). They are live in over 60 countries. So, while people dissect whether their current strategy will work in India or not, they are quite clearly in learning mode. It makes sense to start with the upper middle class and English content, where preferences converge around the world. They seem to be acquiring niche Indian content as well. So, wannabe Indian film-makers, all roads need not lead to Bollywood any more - Comment RBI eases stake sale rules in start-ups Overseas investors can now sell their stakes in Indian start-ups to local companies; start-ups also allowed to file reports over the Internet Advt:Affordable Housing Schemes in Dubai with Post hand over payment plans Affordable Housing Schemes in Dubai with Post hand over payment plans RBI’s rate cuts did little to help markets Since January 2015, the Sensex has fallen by 10.77%; rate sensitive sectors, such as banks and real estate, have fallen even more Kinnevik looks to expand India presence Kinnevik is looking to increase its investments in India to 8-10% of its corpus from 2-3% now, says CEO Lorenzo Grabau India Leads in Venture Funding for Wind Power Wind downstream companies also accounted for most of the VC funding with $505 million out of $520 million raised. Disappointed, India Inc presses for rate cut, again "A rate cut would have been spot-on for rejuvenating the investment cycle. We hope RBI would resume the rate-cutting cycle in the subsequent monetary policy" Raghuram Rajan Says Will Ensure Plentiful Liquidity in Indian Banking System The liquidity deficit is seen as a concern with the negative balance staying well in excess of the prescribed 1% of total bank deposits. PSU banks turn positive after RBI policy Shares of the banking pack on the BSE traded lower by as much as 3 per cent on Monday after Reserve Bank of India governor Raghuram Rajan said existing loans could be written off to allow banks to tackle the menace of non-performing assets (NPAs). L&T pins hopes on government initiatives for change in fortunes Group executive chairman A.M. Naik says PM has made significant changes that will bring long-term efficiency and equity into the Indian economy Status quo on rates as RBI waits for fiscal cues Following the monetary policy review, the benchmark repo rate remains unchanged at 6.75% RBI move to relax regulations on bad loans to calm investors The regulations the RBI is referring to include the Basel norms that are more strictly followed here and allowing banks to revalue the real estate they own. Over the barrel: Waiting for a big bang The global economy is in trouble but India is attracting positive comment. Finance minister must make the most of the moment Coal India said to buy back shares worth at least $368 mn from govt: report The govt has also written to NALCO, asking it to buy back 25% of its shares from the govt worth Rs3,250 crore Budget 2016: Finance Minister Arun Jaitley could squeeze business to balance books Those familiar with the budget process said Jaitley may pare tax breaks on capital investment, research and development, and projects in under-developed regions. Banks' stressed assets may rise to 12.5% by March 2017: India Ratings RBI has asked banks to recognise weak assets and make accelerated provisions by March 2017 Three players in race to buy Au Financiers' 1000-crore home loan business Those applying to set up private banks may be allowed to have overseas investment to the tune of 74% right at the beginning rather than five years later. Narendra Modi government gearing up to announce Food Security Act with Rs 130,000 crore outlay The planned commitment is greater than the entire allocation towards food subsidy in this years Budget — Rs 124,419 crore. Snapdeal pilots expansion of home-services category in four cities The current model lists out services from a handful of vendors across carpentry, plumbing, pest control and installation services. Opening offline stores will supplement online m-commerce: BeaconStac report Our Digital Payments coverage is brought you by Chillr: India’s 1st multi-Bank instant mobile payment app enabling fund transfers to anyone in your Online furniture retailer Urban Ladder gets on board Sanjay Gupta as marketing head Online furniture and home decor firm Urban Ladder has appointed Sanjay Gupta as its Chief Marketing Officer. CraftsVilla acquires logistics provider Sendd for $4.5 million CraftsVilla, an online marketplace for Indian products, has acquired the on-demand shipping service provider Sendd for $4.5 million, reports iamwire. Post Big brands squeezed out to suburbia A shortage of quality retail real estate has forced global multinational brands, especially in the fast fashion category, to settle for less attractive launchpads. With 220mn users, India is now world's second-biggest smartphone market India has become the second-biggest smartphone market in terms of active unique smartphone users, crossing 220 million users, surpassing the US market, according to a report by Counterpoint Research. Next phase of expansion in India will be around 4G: Hans Vestberg, Ericsson CEO He says the company will also focus on new areas like TV and media, apart from operational and business support systems. Here's How Telenor Plans To Offer Affordable Mobile Broadband In India Telenor increases mobile internet speed by 20% using Huawei technology - Telecom operator Telenor on Tuesday said that its mobile internet transmission speed increased by about 20% at select places across six circles after the company deployed Huawei's Lean GSM solution. Know Why India's Mobile Handsets Market Ended On Low Note In CY2015 Owing to the growing transition from mass to niche, feature phones to smartphones, 2G and 3G devices to 4G-enabled handsets in India, the country's mobile Manana Innovations to invest Rs 500 crore in telecom business Manana Innovations to invest Rs 500 crore in telecom business - Telecom services company Manana Innovations plans to invest Rs 500 crore to build its mobile services business in India and abroad ov... Vodafone India to launch 4G service in Mumbai before February 15 Vodafone has already started offering 4G SIM cards in Delhi-NCR as it gears up to roll out the high speed mobile internet services in the region soon. Google Fiber may be looking to add phone services Google reportedly experimenting with phone service for Google Fiber - Beta test invites indidcate Google will attempt to package phone services along with its internet plans. Artificial Intelligence- India too dumb for AI? ​It was 5-0 win for the machine. We know now that AI is far more developed than acknowledged and will be upon us sooner than we imagine. India and i.. Trai likely to quash Facebook's Free Basics plan, say sources Trai likely to quash Facebook's Free Basics plan, say sources - Signals emanating suggest the Telecom Regulatory Authority of india recos may weigh in favour Net neutrality How one mobile beep made me a `millionaire' overnight I'm not a multi-millionaire, but a PSU bank has fulfilled my dream, albeit temporarily. Swedish firm Investment AB Kinnevik aims to increase the share of Indian investments to a tenth of its global portfolio over the next five years . FreePaisa announces its association with PayUmoney to facilitate transfer of earnings to the PayUmoney account of users FreePaisa users can now spend their earnings across 1,00,000+ ecommerce sites like BookMyShow, Myntra, MakeMyTrip, Dominos and many more. The concept is that we take the old, use the power of design and make it a lifestyle product: Ananya Birla My company revolves around design and travel. Uber goes in for a brand makeover : Changes logo and app icon Uber has changed its logo type and app icon and has taken the brand out of its monochrome palette and into a technicolour one. Nasscom may forecast lower growth targets for software services again Nasscom may forecast lower growth for the software services sector in the next financial year as the it grapples with macroeconomic uncertainty and currency volatility. India pips US to become world’s second largest smartphone market Apple rode the demand for smartphones and specifically for its iPhones, crossing 2 million units for the first time in a calendar year, Counterpoint Research said. 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