Apr 1, 2016 - India's medical devices startups grabbing the world's attention with advanced and affordable technologies

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Sree Vijaykumar From the Editor's Desk Nasty humans teaching machines to do nasty stuff is the real reason why machines might become dangerous to humans. After all, they learn from us (training datasets). Trolls caused havoc with Microsoft's teen chat bot experiment a few days ago. The bot started spewing racist hatred and sexist comments when asked questions, putting Microsoft in an embarassing position. Are our algorithms good enough to detect and prevent the worst human behaviour from influencing our AI-powered friends? Update: Microsoft accidentally opened up Tay again and shut it down after it tweeted that it's smoking marijuana in front of the police! - Comment India's medical devices startups grabbing the world's attention with advanced and affordable technologies In an industry dominated by global giants, medical devices startups are making inroads with technology thats advanced, affordable and more accessible. The Real Deal with Email and What TradeBriefs does right So, here’s the real deal with email. Yes, we all get too much email, but for those of us who check it, we do so over 15 times a day.   Indiabulls Housing announces merger of two subsidiaries Indiabulls Housing announces merger of two subsidiaries ICICI Bank puts on hold plans to sell home finance division Valuation mismatch between ICICI Bank and potential private equity buyers prevented a deal from being struck India's external debt went up to $480 billion at end-December: Finance Ministry Indias total external debt inched up marginally to $480.2 billion at December-end compared to March-end last year, finance ministry said in a report. SBI and Bank of Baroda take lead in lowering lending rates based on new formula The measure is estimated to move as much as Rs 1.2 lakh crore of demand for funds to banks from the debt markets, says India Ratings. SBI launches 'State Bank of India No Queue' Mobile App The bank has taken a step further in its digital journey in the form of this innovative virtual queuing mobile application. The $2.6 billion buying binge that felled SunEdison SunEdison’s fall is largely its own doing, the almost inevitable result of an ascent that was built on financial engineering and cheap debt Banks fear strategic takeover may be hit by companies’ PF, tax dues State Bank of Patiala has pointed out the risks that banks as promoters could be exposed to once SDR is invoked to takeover a company. UltraTech revises deal for Jaypee Group’s cement assets UltraTech cuts price for Jaypee’s cement assets by Rs600 crore; Karnataka assets have been dropped from the deal MCLR may shift Rs 1.2 trillion of corporate borrowing to banks: India Ratings India Ratings said implementation of the Marginal Cost of Funds-based Lending Rate has the potential to channelise the recent surge of volumes in the commercial paper market towards bank credit. Flipkart said to be in talks to buy payments start-up PhonePe If the deal valued at $10-20 million goes through, it will be Flipkart’s third major acquisition in payments How bankruptcy code will save lenders A key design focus in the proposed code is speed of resolution. Delay is disincentivized at various stages Mutual funds that everyone must have While each individual’s goals and risk profiles are different, some basics are needed in almost all portfolios Mahindra to buy 35% stake in Finnish firm Sampo Rosenlew Deal part of Mahindra’s larger strategy to reduce dependence on tractors, strengthen farm equipment business and enter newer markets Uttam Galva Steels hires SBI Caps to look for investor Lenders have asked Uttam Galva’s promoters to bring in a new investor to inject fresh equity into the company US investment in India has outpaced China since Narendra Modi government came to power Obama administration has said that the United States has stepped up investment in India since the advent of the Narendra Modi government. Vodafone in talks with Piramal group and HDFC Bank to offload 49% in payments bank Payments banks have to follow the foreign investment rules that cover commercial banks. This means, foreign holding, such as by Vodafone, cant be more than 74%. Worst loss in five years for Sensex Indian equities suffer in 2015-16 as foreign investors pull out of emerging markets in flight to safer havens Online discounts on smartphone may taper off for reasons of business sustainability Any discounts will need to be offered by brands directly, most of whom dont want price disparity between their online and brick-and-mortar channels. Legal teams of ecommerce companies look for a way to continue with the discounts The guidelines restricting online marketplaces from offering discounts could also have a negative effect on the soaring valuations. Chinese smartphone makers LeEco, Vivo and Oppo displace ecommerce companies as top advertising spenders LeEcos spend was matched by Vivo, which will invest Rs 80 crore on marketing and advertising during the upcoming Indian Premier League (IPL) season. Recent FDI norms to benefit offline retailers: Crisil With these new norms, e-retailers, like Flipkart, Amazon and Snapdeal may now find it difficult to provide lucrative discounts to attract customers. Blood on the ecommerce floor? Forbes India (blog) Forbes India (blog)Whether the ecommerce sector in India is undergoing a valuation reality check or not, the latest clarification issued by the department of industrial policy and promotion (DIPP) is bound to have major ramifications on the manner in which ecommerce is ...articles  FDI in e-commerce: no more fifty shades of grey At an impromptu fun-filled riddle competition among friends, family and single malts sometime ago, I was asked “What have you read recently that is suppose Why business tycoon Kishore Biyani encouraged daughters to pursue non-management fields While Ashni Biyani studied textile designing, younger daughter Avni pursued sociology at New York University. The curious case of the non-existent 'omni-channel' retail in India About three years back when e-commerce had started to show signs of creating a huge online market in India, a lot of brick-and-mortar brands started to take n.. Victorinox India to go solo with omni retail platform Gute Reise Plans to bring in apparel and watch range by next year FDI in e-commerce to boost demand for office, logistics spaces Demand for office, warehousing and logistic spaces will increase with 100 per cent FDI permitted in marketplace e-retailing. India launches pilot project for testing TV whitespace technology The project is aimed at improving mobile connectivity in every nook and corner of the country. Sachin Tendulkar wants to see Americans using mobile phones made in India Sachin Tendulkar said on Thursday that he wants to see Americans using mobile phones made in India. He was speaking at the launching function of a mobile phone made by Smartron, an Indian company, reported Rediff.com. Revolutionising mobile payments in India Relaxing two factor authentication for both card present and card-not present transactions below a certain specified amount is a major policy development Apple iPhone SE and iPad Pro released globally, India launch on April 8 Keeping up growth in its iPhone sales will probably see it look to find more buyers in developing markets like India and to bring over those buyers who tend to focus on cheaper Android handsets. India's smartphone sales to reach 29% in 2016: Gartner Countries such as India will help generate new mobile phone user growth. Sales of smartphones in India are on pace to reach 29% in 2016 and will conti.. 5 Best selfie phones in India that every selfie lover must check out atleast once! Doesn't matter what features these phones have or even how they perform. The only thing that people want, that excites them about the device is the presence of a great front-end camera, a camera that helps them take that perfect selfie! Mi 5: Xiaomi launches new flagship phone at Rs 24999 in India Xiaomi Mi 5, the 2016 flagship killer from Chinese smartphone maker has been officially launched in India. The smartphone is priced at Rs 24,999 for 3GB+32GB variant and will be available from Mi.com India added 5.57M active mobile connections in January'16 According to the Indian telecom regulator TRAI, India added 5.57 million “active” mobile connections during the month of January 2016. The Active connection data represents peak VLR (Visitor Location Register) data for the month. Some stats: – There were 917.59 million active connections i Samsung Galaxy J3 'Biker Phone' Launched In India; Priced At Rs… The device comes with a faux leather back panel and is available in black, white and gold colours. With RJio 4G, India's mobile Internet ranking to reach top 10 globally: Mukesh Ambani Reliance Industries chairman Mukesh said the roll-out of its 4G services will lift India from a mobile Internet ranking of 150th to the top 10 slot. Money is where mobile is: The future of mobile advertising in India A research says that by 2020, the number of Indians accessing the Internet over mobile devices is expected to touch a whopping 600 million. Ecommerce enables impoverished Indian artisans to become rupee millionaires From conflict zones to victims of human trafficking and master craftspeople exploited by middlemen, ecommerce in India is bringing livelihoods to artisans across the country. 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