Nov 18, 2016 - Private equity is pouring back into India's education sector, with a focus on test-prep apps

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Sree Vijaykumar From the Editor's Desk Facebook could one day build facial gesture controls for its app thanks to the acquisition of a Carnegie Mellon University spinoff company called FacioMetrics. It's not hard to imagine Facebook one day employing FacioMetrics' tech and its own AI to let you add a Like or one of its Wow/Haha/Angry/Sad emoji reactions by showing that emotion with your face. For now, Facebook tells me it will use FacioMetrics to enhance its Snapchat selfie Lens-style augmented reality face masks that are making their way into its videos and Live broadcasts. There are potentially other more important applications for emotion recognition. More here Advertisers of the day The Economist: Subscribe now and get a Hidesign passport wallet free BMW: Celebrate joy with BMW Festival 2016   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). Private equity is pouring back into India's education sector, with a focus on test-prep apps Private equity investments to India's education sector rose 25% in 2016. 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.   Are Tata group independent directors doing justice to their role? With the Ratan Tata-Mistry spat, independent directors have got drawn into a personality conflict and may have compromised the shareholders’ interest Citi’s helping hand for art conservation Citi’s initiative is not the only example of a corporate funding art projects, but there aren’t too many such Demonetisation has achieved 50% of objective: Subramanian Swamy The senior BJP leader and Rajya Sabha member on demonetisation, the harm done by corruption to India, his equation with Narendra Modi and other issues Demonetisation: Top banking executives reassure customers and manage queues to lift staff morale Rajesh Dahiya, executive director at Axis Bank, too, has visited dozens of branches, speaking to customers and trying to design action plans at branches. How asset sales bring a measure of comfort to the banking industry To achieve true resolution of pile of toxic loans choking the system, creditors are vitally dependent on corporate debtors selling still-profitable assets and using the proceeds to repay debt RIL, GE in partnership to deploy industrial IoT The partnership between RIL and GE will provide industrial IoT solutions to customers in industries such as oil and gas, fertilizers, power, healthcare and telecom IIFL Finance to buy Samasta Microfinance In stock exchange filing, IIFL Holdings says RBI had given it in-principle approval for the planned acquisition of Samasta Microfinance Bankers begin to buckle under stress PUNE: The demonetisation drive has taken a severe toll on bank employees' health. India to be most digitised economy in 7 years, says Bill Gates India, he added, "has all the pieces in place for a compelling vision for digital financial inclusion. Aadhaar will convert a cumbersome, paper-based account opening process into a 30-second, all-digital system." Cadila to transfer India human formulations business to Zydus The India human formulations business, including a manufacturing plant at GIDC, Ahmedabad and pharmaceutical technology centre in Ahmedabad will be transferred to Zydus After State Bank of India, ICICI HDFC Bank slash deposit rates Following the country's largest lender, State Bank of India, banks have begun to cut interest rates on deposits. On Thursday, two large private lenders, ICICI and HDFC Bank, did so by 15-25 basis points (bps) in different maturity buckets.HDFC Bank Inditrade buys commodity trading biz from Edelweiss Edelweiss informed BSE on Thursday that Edel Commodities Limited (ECL) has entered into a Share Sale & Purchase Agreement with Inditrade. Normal banking operations suffering due to demonetisation Normal banking operations suffering due to demonetisation PE investments surge in education sector: Report Ventures offering vocational training are ripe for investors to back given the unemployability of engineering and management graduates. Paytm seeks to cash in on demonetization with advertising blitz With `600 crore allocated for branding and marketing in 2016-17, Paytm is leaving no stone unturned to milk the demonetization opportunity Banks to shine in cash clean-up, but dirt is around the corner The effect of demonetization is reflecting in the surging share prices of banks, but bad loans have not gone anywhere and economy has not increased its speed Demonetisation will hit micro-finance companies badly, says Bandhan Bank CMD Chandrasekhar Ghosh, stressed that the credit flow was not as high as the deposit flow and since the loan disbursement was also low, bank profit for the next quarter was likely to come down. Walmart senior executive Ostale in India visit Walmart Stores Inc decided to align Indian operations with its other emerging-markets portfolio, in Feb this year Logistics issues thwart distribution of currency notes It is not only shortage of new currency notes, logistics issues involved in getting new notes from the currency chests to replenish the ATMs is also adding to the delay in disbursement of cash.A publi Cash crunch affects food supply chain in Delhi-NCR Hindustan Times People purchasing vegetables at the Khandsa road wholesale market.Traders, both retail and wholesale, in Delhi-NCR are feeling the pinch of Centre's demonetisation move. (Parveen Kumar/Hindustan Times) ... Why e-commerce is eyeing brick-and-mortar One can act as a gateway to the other Demonetisation great step for Indian e-commerce market: Facebook ‘Step forward towards removing many bottleneck operations including cash-on-delivery’ Crownit launches meal wallets in partnership with Yes Bank This digitised, app-based program cuts through the hassle of distributing meal coupons by enabling one-click disbursement of corporate vouchers. Demonetisation: Footfalls down 70-80% at retail telecom outlets; subscribers curb outgoing calls Retail outlets have stopped replenishing electronic recharge back-ups on a daily basis, and are now doing so over longer intervals amid dwindling customer demand. Industry Welcomes Positive Steps Initiated by Government in Telecom Sector Seminar on Digital India Industry Welcomes Positive Steps Initiated by Government in Telecom Sector RCom incorporates new subsidiary Towercom Infrastructure “TIPL will be an Infrastructure company, which is yet to commence its business operations,” it added. UC Browser crosses 100 million monthly active users in India The Alibaba Group company today announced that its flagship product, UC Browser, has crossed 100 Million Monthly Active Users (MAU) in India. The mobile Reliance Jio Gets the Nod for Free Voice Calls from TRAI The pilot project was started in October and now home delivery of the Reliance Jio 4G SIM has been launched in select cities including Mumbai and Delhi/NCR. India tops Asia in mobile customer addition in Q3, 2016: Study India currently has 1,050 million mobile subscriptions. As per the report, 81 per cent of the Indian population has mobile subscription. Lava aims to garner 20 % mobile handset market share by 2018-end There has been a 29% increase in shipment of Lava phones in third quarter of this year taking the number to 7.1 million compared to 5.4 million in last quarter. Mastercard launches QR code-based mobile payments solution in India The low cost and easy-to-deploy technology is designed to ensure that even the smallest merchants, whether in a major city or a remote area, can participate. India must develop innovation ecosystem: Bill Gates He stressed that the government should be an enabler and a smart regulator to enable the private sector to deliver efficient services across sectors. Food tech companies keen on fortification, says FSSAI According to data, about 70 per cent of pre-school children and over 50 per cent of women suffer from anaemia due to iron deficiency Note ban hits consumer packaged goods sales, supply chain Consumers making only essential purchases, trucks stalled on highways for want of cash Consumer body seeks better balance in CCC In a bid to tackle the menace of misleading advertisements more effectively, Consumer Education & Research Centre (CERC) made a representation to the ministry of consumer affairs. Power grievances to be heard closer to consumer Panaji: In an attempt to take grievance redressal to the doorstep of power consumers, the Consumer Grievance Redressal Forum (CGRF) that has its headquarters at Vidyut Bhavan, Vasco, has begun holding sittings at divisional offices of the electricity department throughout the state. Tata Global Beverages: Falling costs brew strong margins Mistry was removed on Tuesday as the chairman of Tata Global Beverages, which co-owns and runs Starbucks coffee stores across India, an action he had called inaccurate and illegal... Govt has given much-needed encouragement to the market: Akshay Chudasama While the Centre is pushing hard India’s growth story, it appears that investors are waiting for more policy reforms to make big ticket investments. CEOs and corprorate decision makers are however bullish and optimistic Demonetization to hit India Inc Q3 earnings: Report Demonetization to hit India Inc Q3 earnings: Report - Automobile, FMCG, retail and consumer durables are a few sectors that are expected to see earnings downgrades in 2016-2017. Amul to set up milk processing plant in West Bengal With the three third party operators including India Dairy, Amul was sending spray dried milk from Gujarat and also by procuring from local farmers. Demonetisation to benefit in long term: Brian Mcnamara, Global CEO, GSK Consumer healthcare McNamara is optimistic on Indian market as he beleives a combination of reforms, simpler regulations and growing middle class will propel growth. What Himanshu Garg's move from FMCG giant Dabur India to B2B e-commerce platform Industrybuying implies Mr. Garg's move from FMCG giant Dabur India to Industrybuying indicates leading executives wanting to explore for value addition and potential growth. Amit Agarwal to remain at helm of Amazon India Agarwal was supposed to spearhead Amazons launches in Singapore and Australia in the coming years 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