Jun 15, 2016 - Women are better mentors, men have higher risk appetite

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Sree Vijaykumar From the Editor's Desk Just when you thought Silicon Valley was rehashing old ideas (churning out the next sharing economy concept or chat app), one hears of stories like this one, where Eric Ries (of The Lean Startup fame) is trying to create a "long-term" stock exchange that rewards companies for longer term performance rather than the quarter to quarter frenzy we often see currently in stock markets. Certainly a worthy initiative. Backers include Marc Andreessen and Tim O-Reilly. Women are better mentors, men have higher risk appetite At the workplace, women and men have different strengths, but differentiation has also created several inherent biases. Behavioural assessments can help remove much of them Why bond investors around the world are a worried lot Average yields for 10-year notes in the US, Japan, Germany and the UK, which have issued more than $25 trillion in government debt, fell to 0.69% last week. PE funds exit realty projects through refinancing route Delays and slow sales have made it tough for developers to repay private equity investors, pushing them to raise fresh debt BSE struggles to comply with Sebi order to delist suspended firms More than half of 509 delisting notices bounce back, suggesting that promoters of these firms are untraceable Sminq raises $1 million from Saama, others The funding was led by Saama Capital with participation from Blume Ventures and an angel investor GrabOnRent raises funding via IvyCamp Post investment, IvyCap’s Prayag Mohanty, Unicorn’s Bhaskar Majumdar will join the board of GrabOnRent Nippon Express in talks to buy 43% stake in TVS Logistics Deal size expected to be Rs1,670 crore, valuing TVS Logistics at Rs3,800 crore; private equity investors KKR and Goldman Sachs to sell stake RBI's new debt recast norms credit positive for banks: Icra The new norms will also help in reducing the reported gross NPA levels by 30-100 basis points, from the current level of 7.7 per cent as on March 2016, after a lag of one year. RBI eases stressed asset restructuring rules for banks The bad debt crisis at Indian banks is likely to continue for sometime, at least until the banks have purged their balance sheets of non-performing debt--a mandate Reserve Bank Of India governor Raghu Bharti Infratel to buy back shares worth Rs2,000 crore Shares of Bharti Infratel closed at `380.35 a unit, up by 0.46% compared to previous close, at BSE on Tuesday SBI and Mastercard Partners with Centrum for distribution of its prepaid forex card "The Bank is excited as this has been the first ever alliance SBI has entered into to supplement their distribution reach which is already very deep in the consumer segment." Bonhomia raises $500,000 from Valpro Capital, others Bonhomia looks to use the funds for strengthening its distribution and manufacturing capabilities HDFC Mutual Fund sells 2% stake in CGCEL for Rs168 crore HDFC Mutual Fund decreased its shareholding in CGCEL by 2.02% on 13 June 2016 Portability between insurers is allowed for individual products For a group-based product, the policy has to be ported first from group to an individual plan of the same insurer. Thereafter, the individual plan can be ported to any insure Sebi begins proceedings to recover Rs 55,000 crore from defaulters Amount involved in Sebi’s recovery proceedings stands at Rs 55,015 crore including Rs 52,959 crore in the last financial year. Gunit Chadha resigns as Deutsche Bank Asia Pacific CEO Gunit Chadha’s is the second high profile exit from Deutsche Bank, after it had announced a €6.8 billion loss for the year ended December 2015 Ola in talks to raise $300-400 million in battle against Uber Ola needs to raise funds this year to refill its cash coffers, and is talking to both new and existing investors such as Didi Chuxing and SoftBank Why Brexit could be a bigger risk for India than a jump in oil prices and a Fed rate hike India has big trade ties with EU. Any material fall in the Euro/Pound could lead to many headaches for India in a sluggish export environment. Islamic banking catches on Islamic banking catches on - A world racked by financial turmoil finds the idea of interest-free credit flow credible Private equity: Worst over for industry but old worries remain PE returns took a tumble owing to a gaggle of factors such as unfavourable currency rate, regulatory challenges, poor level of governance and expensive valuations. How to fix India's broken banks? Take a leaf from China With every passing quarter, it’s becoming harder to see exactly how India’s banking system can be rescued Dollar Industries eyes South to increase market share Targets revenue of about ₹1,000 cr this fiscal Saudi Arabia opens retail sector to more foreign investment Vision 2030 and the National Transformation Programme, which sets targets for implementing it, seek to boost non-oil revenues and employ more Saudis. US Retail Sales Rose 0.5% as Consumers Show More Confidence Sales at U.S. retailers increased solidly in May, adding to evidence of accelerating economic growth despite a recent slowdown in hiring. All online purchases to attract GST: Amit Mitra panel on model law All purchases made online will attract a uniform Goods and Services Tax, likely to take effect from April next year, according to the model GST law approved by state finance ministers on Tuesday. India to get 140 new Domino's Pizza, 20 Dunkin' Donuts outlets this fiscal - The company also wants to focus on digitisation and reaching out to a wider audience throughonline ordering. Alibaba in investment talks with Delhivery and Xpressbees Logistics The Chinese company is also chalking out a plan to get Paytm to spin off its marketplace business and plans to top it up with more capital, said a source. With changes to price-matching, Amazon and Walmart usher a new era of retail In the grand scheme of things, it appears we have just reached the point of a new evolution in retail. Retailers cast a wide net in search of shoppers Tata, Reliance and Aditya Birla groups have decided to take on e-retailers like Amazon and Flipkart, but their strategy is different from their online peers Retail needs separate trade policy, CAIT Tells PM The Confederation of All India Traders (CAIT) has reiterated its demand for a national trade policy for retail trade and a separate ministry of internal trade In a communication to Prime Minister Narendra Trai floats new paper to plug conference call gaps New Delhi, Jun 14 () Telecom regulator Trai today issued a consultation paper to frame rules on audio conferencing through a review of licences for voice mail and messaging services. India's fintech revolution is primed to put banks out of business While global stock markets reset and U.S. tech unicorns readjust to new expectations and valuations, India’s tech renaissance is just beginning to flourish... Telecom Minister rules out penal power to Trai Recently, the Telecom Regulatory Authority of India (Trai) issued a consultation paper on free internet . Apple announces VoIP calling feature on iOS 10; implications in India   VoIP apps like WhatsApp, Skype, etc, will now display incoming VoIP calls on iPhones as a standard call along with the default "Remind Me" and "Message" options. This was feature was announced by Apple for the latest version of iOS 10 during yesterday’s WWDC develop iOS 10 at WWDC 2016: 11 new features that may make iPhone great again Apple iOS 10 is finally here and it promises a variety of new features from a smarter Siri to interactive Messages. Here's a quick look. India is inching towards becoming production hub for mobile components, plans incentives So far, the finance department has temporarily lowered import duty from 29.5 per cent to 12.5 per cent on accessories that include mobile chargers, adapters and headsets. OYO Rooms sets up OYO Bazar, a one-stop shop for hotels to procure daily essentials “Our margins are healthy enough to hit profitability but to continue to grow and maintain our partnerships with hotels, we need to expand our services,” Agarwal said. Flipkart sellers threaten revolt over return policy; say will either exit or remain inactive A small but growing tribe of disgruntled merchants on Flipkart are threatening to exit or be inactive on the online marketplace, objecting to a host of new conditions the company has imposed on them. GST to be levied at first point of transaction: model law The model GST law, approved by the state finance ministers today, pegged threshold annual turnover for levy of the tax at Rs 10 lakh. The limit will be Rs 5 lakh in North East. Surprise package: P2P courier makes room for surge in new startups You can now connect with travellers to get something delivered, saving on exorbitant courier charges, or volunteer to get something delivered and earn a quick buck in the process. New fintech companies drawing interest from investors and customers alike A raft of new-age fintech companies have sprouted in India in recent years, attracting the interest of hordes of customers and investors. Amazon, Flipkart or Snapdeal which is the top site for sellers? Read here Amazon followed by Flipkart and Snapdeal are the most preferred e-commerce websites among the sellers, with the brand recall, a study by Nielsen has revealed. Uber slashes the tariff of its low-cost offering UberGO in Delhi-NCR region; bringing down prices of UberGO to Rs6/km San Francisco-based cab aggregator Uber has slashed the tariff of its low-cost offering UberGO in Delhi-NCR region, indulging in yet another act of tariff war 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