Oct 17, 2016 - How many payments banks will come up finally?

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Sree Vijaykumar From the Editor's Desk McDonald's hooks us by appealing to our bodies' craving for certain flavors; Facebook, Instagram, and Twitter hook us by delivering what psychologists call "variable rewards." Messages, photos, and "likes" appear on no set schedule, so we check for them compulsively, never sure when we'll receive that dopamine-activating prize. There is arguably an element of hypocrisy to the enlightened image that Silicon Valley projects, especially with its recent embrace of "mindfulness." Companies like Google and Facebook, which have offered mindfulness training and meditation spaces for their employees, position themselves as corporate leaders in this movement. Yet this emphasis on mindfulness and consciousness, which has extended far beyond the tech world, puts the burden on users to train their focus, without acknowledging that the devices in their hands are engineered to chip away at their concentration. It's like telling people to get healthy by exercising more, then offering the choice between a Big Mac and a Quarter Pounder when they sit down for a meal. Tristan Harris, ex-product philosopher at Google believes that Silicon Valley is addicting us to our phones. He's determined to make it stop. Continued here Advertisers of the day Samsung: Samsung Galaxy Tab Iris - India's First tablet with Iris Scanning Technology Transjovan Capital (Capital Raising): : Looking to raise capital from the top investors?   Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails (B2B Decision-Makers, B2C Decision-Makers, TradeBriefs Premium). How many payments banks will come up finally? It won’t surprising if few more of the remaining eight of the original 11 decide to quit as running a payments bank will not be a cakewalk Advt: Work for the best employer - Yourself Advantages - Best B2B audience in India, no hard-selling or up-front costs involved, access to our content repository and air-tight agreements with instant gratification. Apply now   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.   LIC to invest Rs6,000 crore in NHAI bonds The bonds on offer are the highest rated paper backed by sovereign guarantees with a yield 70-80 bps higher than government securities Will Rosneft deal benefit Essar Oil shareholders? Proxy advisory firms have projected that small shareholders stand to gain anything from Rs94-125 a share, on top of the delisting price of Rs262 a share Sebi appoints three-member bench to adjudicate NSEL broker issue The action in the NSEL case could be a monetary penalty or suspending the commodity broking licence KKR may invest Rs700 crore in Resonance Eduventures Kota-based coaching centre Resonance Eduventures may use the funds to buy back shares from existing investors CLSA Capital and India Build-Out Fund Banks' capital needs to rise as they start dry run: RBI Stricter new Indian Accounting Standard slated to kick in from April 1, 2018 ReNew Power plans to raise $500 million via offshore bonds Renewable energy firm Renew Power Ventures will use the funds raised to repay part of its domestic debt The cost of being DCB Bank The lender has gotten its cost-to-income ratio under grips after its aggressive branch expansion last year onwards had pushed up the ratio for two consecutive quarters Robo-advisors can be useful but first-time investors should go to a financial adviser Getting started with mutual funds is not difficult, but it would be best if you do so with some help at hand India seeks $500-bn BRICS trade by 2020 Leaders of the five economies agree to work on credit rating agency, trade in local currency and cooperation on tax evasion India one of the most open economies today: PM Modi With reference to the performance of the New Development Bank (NDB) he congratulated the management for commencing the first batch of projects. Air India mulls Rs10,000 crore debt rejig under RBI’s new scheme Air India is also working on ways to bring down its overall debt burden, especially with respect to significant interest outgo Security of Indian Ocean linked to stability of global economy Observing that security of the Indian Ocean is "inextricably" linked to the stability of global economy, a senior US diplomat has underscored the need for maritime cooperation between India, Sri Lanka and Bangladesh in this regard. "Maritime FirstCry buys Mahindra’s BabyOye for Rs362.1 crore Move is expected to help FirstCry significantly expand its offline presence as well as strengthen its position as a leader in the babycare segment India-born banker Rajeev Misra to head SoftBank, Saudi $100-bn tech fund Misra, 54, a veteran banker, currently is the head of Strategic Finance at SoftBank Group Russia plans $1 billion India joint fund, to pump $500 million in NIIF India is courting international investors to help finance new roads, railways and power projects that the country needs. Everything is going right for Indian economy, says KV Kamath Indian economy is set for a sudden pick up in 12-18 months, said KV Kamath Grey Orange charts out South Asia & Asia-Pacific growth plans; contemplates listing subsidiaries The robotics and full-stack warehouse automation company is betting big on China and Japan, and may even list its subsidiaries in their local stock ex.. We are an Indian company with a French heart: Kazem Samandari - Interview with executive chairman of L'Opera Amazon Export Sales LLC debuts as seller in India The rules stipulate that ecommerce companies with overseas investment should function as technology marketplaces that connect buyers and sellers. 'GST can reduce transportation cost by 20-30 per cent' Manufacturers can streamline procurement and establish a lean supplier network Tata Motors eyes more market share in South India in CV segment Over the last 6 months, the company has opened around 20 touch-points which includes eight full fledged dealerships across TN, Kerala, Telangana among others. Supply logistics of all companies will change after GST: V Kalyana Rama Interview with Chairman and managing director, Concor Chennai's famous Sathyam cinemas expands to Mumbai ... Globus cinemas in Bandra, Mumbai; Thiruvananthapuram’s iconic single screen Kripa; and multiple cinemas in Pondicherry & Telangana are being converted into Sathyam cinemas' multiplexes over the next few months. Branded retail shops likely in airport | Chennai NYOOOZ Earlier, the AAI used to give individual contracts to retail shops. Slow delivery from AliExpress means there's no China crisis for Amazon Alibaba is the biggest e-commerce site in China, with 400 million active buyers. On a single day in 2015 it rang up sales of £9bn - double John Lewis's sales across the entire year. It will come as little surprise that the firm's founder, Jack Ma, is China's richest man, with a fortune estimated at $29bn. So should we be junking Amazon and Argos and buying from AliExpress? Feature phone to smartphone migration will help us grow in India: Lenovo's Aymar de Lencquesaing In an interaction with ET, Lenovo's SVP and Co-President Mobile Business Group (MBG), Aymar de Lencquesaing said that the handset maker is bullish on .. Optimize utilization not revenue The telecom regulator needs to stop worrying about maximizing auction revenues and focus on telecom sector consolidation Google is working on a new search index for mobile Google as recently rolled out its faster Accelerated Mobile Pages (AMP) for mobile search results in India. Dark side of call centre industry growing Thane police commissioner says that the victims of these call centres were usually US citizens who paid up using pre-loaded cards for fear of prosecution. “The magnitude of the scam is mindboggling and our guesstimate is in the last 12 months alone, they earned more than Rs 500 crore,” he added. #BanChineseProducts campaign gets Intex to launch new affordable 4G-LTE Jio SIM-compatible phones in India The launch timing of Intex's Aqua Craze 2 and Aqua 5.5 VR seems perfect considering that #BanChineseProducts has been going viral in India. Spectrum Win Credit Negative For Telecom Players: Moodys High cost of spectrum following the recent auction is credit negative for telecom operators, as the debt levels will rise further, Moody's Investors Service said.   Some digital advertising is moving back to TV: Nielsen's Steve Hasker India is a very important market for Nielsen, says global president and chief operating officer Steve Hasker Enrich Salons to raise $7 million to fund expansion, tackle competition Enrich Salon recently completed the acquisition of Belita Vikram Bhatt to boost its on-demand services, taking on start-ups such as Urbanclap and Housejoy Sale of Chinese Goods Take A Hit As India Spars With Pak Over Terror It clarified that boycotting of Chinese products at this stage is not going to affect China since on every season, the goods are usually imported 2-3 months before. India Equity Partners puts 75 per cent Sagar Ratna stake on the block IEP had bought controlling stake in Sagar Ratna for about Rs 180 crore in 2011. The chain runs close to 90 stores across the country, split up between the company and franchisees Holland Sherry sets foot in India Chinese goods sale to drop 30 per cent this Diwali, says CAIT With India-Pakistan tensions soaring high following the Uri attack, many traders have demanded a complete boycott of goods from Pak's all weather-friend, China. GST Council to slap 40% 'sin tax' on tobacco products? Consumer Voice, a voluntary action group, on Sunday urged the GST Council to levy the highest, "sin tax" of 40 percent on all forms of tobacco products, including cigarettes, beedis and smokeless tobacco. For these startups, there's money in people According to analytics firm Tracxn, almost 235 new companies entered HR space in 2015, and HR startups raised close to $50 million that year. Modern Food owes government Rs 20 crore in lease money The company officials were unwilling to comment though TOI made repeated attempts. Weighing in on sugar tax If, some years down the line, there was to be a retrospective of crucial life-saving public health interventions, the World Health Organisation’s recommendation, of October 11, 2016, might well be a 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