May 6, 2016 - Sebi to come out with rules to allow firms to settle cases that have had limited impact

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Sree Vijaykumar From the Editor's Desk Facebook is either the savior or destroyer of journalism in our time. An estimated 600 million people see a news story on Facebook every week, and the social network's founder Mark Zuckerberg has been transparent about his goal to monopolize digital news distribution. Publishers see Facebook as a frenemy. They rely on traffic from it, but are nervous about losing control on their audience to the social media giant. What does Facebook think of journalists though? Not much, if you were to believe this article which interviewed a bunch of news curators at Facebook. These are the people who come up with the 'Trending News' on the right side on your Facebook feed. Yes, this work is being done by humans! That may not be the case for long though. Several of the curators felt like they were being used to produce training data for algorithms which would eventually take over their jobs. - Comment Sebi to come out with rules to allow firms to settle cases that have had limited impact The decision to allow more cases to be settled out of court comes in the wake of a significant drop in settlement amounts as well as number of applications received by Sebi in the past four years. 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.   Lakshmi Vilas Bank may raise up to Rs 400 crore from institutional investors "The bank will raise money through a qualified institutional placement, or a preferential route," said Managing Director Parthasarathi Mukherjee. Kedaara in talks to buy up to 30% in Madura Micro Avendus Capital has been mandated to run a formal process, sources said. The funds would be used for expanding the loan book and widening reach of Madura Microfinance. Three reasons for cheer in the venture capital market There’s still plenty to cheer despite valuation markdowns, shutdowns and investment write-offs RBI on-tap bank licence: Draft guidelines NBFCs, individuals, groups with finance biz can be eligible Resident individuals and professionals having 10 years of experience in banking and finance can seek the licences. General Atlantic, Temasek in talks to buy stake in Aster DM Healthcare Investors look to pick up 10-15% stake in Dubai-based Aster DM Healthcare, which is planning an initial public offering in early 2017 India eyes bad debt cleanup as wary state-run banks balk India is considering setting up an independent panel to help state-owned banks negotiate settlements with big businesses on bad loans, in order to shield bankers from a populist backlash they say is India needs to diversify into high value-added activities: IMF India can expand its exports by diversifying into high value-added activities and improving the quality of goods and services, says an IMF paper. RBI proposes on-tap bank licences, bars conglomerates The Reserve Bank of India has issued proposals for the relaxation of requirements for banking licences in the latest effort to boost a sector struggling with $100 billion of stressed debt that is choking the financial system and hitting economic growth. Trading in interest rate swap market set to rise on RBI push to bring in more participants In an electronically traded platform, investors maintain margins with the central counterparty, which will be much lower than the capital set aside for credit risk from OTC trades. Sebi to tweak rules for cases related with breach of securities laws Consent orders are similar to an out-of-court settlement agreement wherein the offender agrees to either pay a monetary penalty or undergoes a voluntary ban. BSE, NSE to shift 50 companies to restricted trade segment BSE and NSE have decided to shift a total 50 companies to the restricted trading segment from May 10 to ensure safety of investors in the capital markets. Lok Sabha passes Bankruptcy code; Will this change life for Indian banks? The Lok sabha, on Thursday, passed the Bankruptcy Bill, which promises banks, which promises to enable banks faster winding up of troubled companies and recover money before the value of the underlying assets get eroded fully. Snapdeal acquires marketing technology firm TargetingMantra The TargetingMantra’s team will help in building the customer experience solutions that will personalise shopping experiences for Snapdeal customers ICICI Bank New Development Bank join hands to consider each other as 'preferred' partners “This partnership will give both parties an opportunity to work together and leverage their respective strengths in the areas of resource raising, development finance", Chanda Kochhar said. SBI launches new mobile-based payment app for customers The service will enable customers to make payments from their smartphones, by simply scanning the unique merchant Quick Response (QR) code, at merchant outlets. Stuart Gulliver's dream returns hiding in plain sight in India As micro-finance firms post higher profits, it appears that return on equity of 25% is hiding in plain sight in micro-loans HDFC said to pick banks for $400 million IPO of insurance unit Citigroup, JPMorgan, Morgan Stanley and Kotak Mahindra are among banks chosen to work on a listing of HDFC Standard Life Insurance, people familiar with the matter said Sebi eyes ways to cut risks from high frequency trading Markets regulator Securities and Exchange Board of India says some checks and balances are already in place but final solution is yet to be arrived at Ram Bharat: Meet Baba Ramdev's low-profile younger brother who handles Patanjali's day-to-day operations Bharat has worked his way up the organisation & today teams of several functions including finance, human resource, production and supply chain report to him. 100% FDI allowed in online retail under new rules: Centre to Delhi High Court The Centre today told the Delhi High Court that it has issued a press note in March this year clarifying that 100 per cent FDI through automatic route was permissible in online retails running under 'marketplace model'. Fitbit products to enter mom & pop stores Fitbit aims to have India among its top 5 markets in the world Kishore Biyani reboots for the digital era As the lines between offline and online retail blur, India's retail king is tweaking his strategy to stay ahead of the competition Parag Milk IPO subscribed 23% on second day Dairy firm Parag Milk Foods Ltd’s initial public offering (IPO) has been subscribed only about 23% so far, as the issue received a tepid response from investors on the second day as well. Qualified institutional investors subscribed 13% of the portion reserved for them while non-institutional investors and retail investors bid for 22% and 66% of their quota, respectively. Flipkart launches its map services, ties up with MapUnity In Bengaluru, the agencies whose data may be integrated into this platform are BWSSB, BBMP, BESCOM, BMTC, BMRCL, Bangalore One, BMRDA, BDA, the traffic police etc. 5 Key Metrics Every Retailer should Focus on a Daily Basis Most of the offline businesses in India generally underestimate the value of data they generate within their stores, which can be leveraged by them to incr Indian logistics market to touch US$ 307 billion by 2020: Ram Kripal Yadav FreightWeek - Insights on sustainable business practices for the global logistics industry Reliance Jio extends trial launch of 4G services to public through invite Jio has now empowered the group employees, who had got the trial SIM earlier, to bring 10 more people to the 4G network through a referral invite system. 32% Indian travellers book via mobile apps, says Yatra survey Long-form journalism lives -- on mobile Washington, May 5, 2016 (AFP) -If you thought long-form journalism would die from the shift to mobile news, think again. How to use WhatsApp if it gets banned WhatsApp has started encrypting all messages that are passing through its servers. Google, Idea Cellular formally launch carrier billing in India Such tieups, they say, allow Google to further push its service business— Play Store—besides providing a means for developers to monetise their apps and services. India's Internet user base to touch 50 crore in 2016: Telecom minister Union telecom minister Ravi Shankar Prasad said smartphones are expected to make internet more accessible to people across India. Mobile Data Usage in India doubles in 3 years Usage increased by 135% from 2013-14 to 2015-16, as more people accessing the internet on cellphones. E-commerce company flouting FDI norms? Vendors protest against Paytm's cashback model The department of industrial policy & promotion in response to the query raised in Twitter clarified that giving discount is a prerogative of the seller only. Myntra expects 15-20% of sales from desktop website post its re-launch - Myntra to re-launch its desktop website from June 1. Snapdeal parent Jasper Infotech acquires predictive marketing technology startup Targeting-Mantra for an undisclosed sum According to a company-issued statement, TargetingMantra provides a unified platform to manage customer life cycle through personalization, targeting and big data analytics. 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