Apr 25, 2016 - Select banks to make presentation to Vodafone for India IPO

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Sree Vijaykumar From the Editor's Desk Several unicorn founders are facing the tough dilemma of a dirty term sheet vs a down-round. A down-round is when investors reduce the valuation of a company compared to the last fund-raising round. A dirty term sheet is when there are terms like guaranteed IPO returns, ratchets, PIK Dividends, liquidity rights buried in the investment term-sheet. A dirty round is a lot more dangerous than a down-round because of the complexity of possibilities that could 'explode' in the future. Future investors could get spooked by dirty terms and refuse to invest. A high paper valuation on dirty terms could also mislead founders, employees and past investors on what the true worth of their shares are. Entrepreneurs are scared about employee morale when faced with a down-round. However, the alternative - a higher valuation, with dirty terms hidden in the deal might be even more dangerous - Comment Select banks to make presentation to Vodafone for India IPO Until now, the banks have made preliminary presentations to Rothschild, which has been mandated to keep the final selection down to four. Property Listing: Goyal Orchid Whitefield, Bangalore 1/2/3 BHK apartments, starting from Rs 35 Lacs.   Property Listing: Godrej Infinity, Keshav Nagar, Pune Luxury 2/3 BHK apartments, from Rs 38 Lacs - Rs 92 Lacs.   Seven reasons why Raghuram Rajan is right Data from World Bank’s Development Indicators bear out the need to temper the euphoria about our GDP growth Lack of clarity on Reliance Jio launch date may cap upside for RIL shares Analysts said lack of clarity over the much-awaited launch of the conglomerates telecom services may put a lid on gains in the short term. In a first, top-rated PSUs may get to sell retail taxable bonds "Modalities are yet to be finalised, but bond issuers are usually expected to go public," economic affairs Secretary Shaktikanta Das told ET. Why investors shouldn’t be too happy with Nestle’s gains Many of the analysts have recommended a sell; Nestle may find it difficult to elbow out competition which came up during the Maggi fiasco. PE investments in microfinance firms after 2010 crisis see better returns Regulations put in place after the crisis in Andhra Pradesh have resulted in strong growth and good returns for investors InTouchApp raises seed fund from Blume Ventures InTouchApp will use the funds to build its technology team and start marketing activities India's first small finance bank launched Capital Small Finance Bank opens 10 branches in Punjab; to add nine more in FY17 Standard Chartered’s stressed assets sale finds few takers SSG Capital only investor in talks to acquire $1 billion worth of loans from Standard Chartered’s offshore book, but at 30% discount Tata Power to raise solar energy capacity The company has decided to increase the share of renewal capacity up to 30-40% by 2025, which will mostly be led by solar power HDFC Life joins hands with Indiabulls Housing Finance for corporate agency tie up Indiabulls Housing already provides its home loan and loan against property buyers with ‘Credit Protect Plus group policy of HDFC life. 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Fuzzy retail policy makes Walmart move to slow lane At present, it operates only in the cash-and-carry space with 21 stores in nine states, of which the last one was opened in Agra in August last year More ecommerce will trigger big innovations in India: Study “We are engaging with the government in states and at the Centre to help create an enabling environment for the industry,” Viresh Oberoi said. Apple to push for uniform pricing, iPhone may cost same The move was triggered by flagging offline sales of iPhones and comes ahead of a proposed launch of Apples own stores in the country. India Handloom Brand bets on ecommerce to raise market positioning India Handloom Brand is drawing up new strategies that include retail and ecommerce, in a bid to raise the market positioning of handloom. 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PepperTap set to close: Another nail in the coffin for India's once-hot online grocery business PepperTap will shut its operations across the country later this month following continued losses and shortage of funds to run its business. Online grocery biz: 'Hottest' segment now witnessing a freeze PepperTap will shut its operations across the country later this month following continued losses and shortage of funds to run its business. Funskool to double outlets , R. Jeswant, Senior vice President (Sales and Marketing) said: “The retail value of the toy market is Rs.2,500 crore. It is growing at the rate of 10 to 12 per cent annually. For the last five years, Flipkart ranked the 7th most influential brand in India, Amazon ranks 8th Vodafone India buys You Broadband Preparing for RJio battle, the ₹400-cr deal will strengthen Vodafone's presence in wired internet space Apple denies price hikes in India The Cupertino-based smartphone maker's retail prices for the 16 GB variants of the iPhone 6s and iPhone 6, as per its website, are at still at Rs 62,0.. 7 reasons why Microsoft Windows phone is dying There seems no end to Microsoft's smartphone woes. The company's marketshare in the smartphone market continues to plummet. App commerce in India – Enabling millions of businesses The growth of smartphones and tablets has enabled India to leapfrog from the desktop era to a mobile era to a smartphone era very fast. 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New mobile publishing 'Juggernaut app' launches in India New mobile publishing 'Juggernaut app' launches in India - New 'Juggernaut app' launches in India with hopes of tapping into the Indian e-book market. Soon dial mobile numbers from WhatsApp, Skype as DoT tweaks license The move is expected to benefit operators wanting to offer VoLTE services that will help them decongest their networks in metro areas Logistics solutions platform LogiNext acquires YourGuy in mixed cash and equity deal The mixed cash and equity deal is a business acquisition and YourGuys 200 delivery personnel and the team of 20 will be absorbed by Sprintr. Surface transport logistics services provider Rivigo gearing up to spend between $80 million-$100 million in the new fiscal The startup will be increasing its network of processing centres and trucking pit-stops, while also growing its cold-chain business — Rivigo Green. 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