Jan 23, 2017 - Investment bankers won't get million-dollar annual bonuses this year

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Sree Vijaykumar From the Editor's Desk If you are still trying to understand why women Trump voters voted for him, here's a good piece from the NYTimes titled 'Women who voted for Trump, in their own words'. Interviews with more than a dozen women around the country showed a range of reasons for their support: worries about the economy, anger about the Affordable Care Act and the price of health care, fears about immigration and terrorism. But many women also voted against Hillary Clinton, voicing deep suspicions about the American deaths in Benghazi, Libya; her use of a private email server; and the hacked emails of the Democratic National Committee as proof that she said one thing in public and another in private. Interestingly, many of these women voted for Obama in the previous 2 elections. Advertisers of the day The Economist: Subscribe now and get a Hidesign passport wallet free Ingram Micro Cloud: Streamline your creative process and secure your digital assets with Dropbox Business   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). Investment bankers won't get million-dollar annual bonuses this year Annual payouts for most global banks take place in January and February. Domestic banks announce annual bonuses in June. 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. The Real Deal with Email and What TradeBriefs does right So, here Tata-Mistry ties strained further with Tata Motors 2015 rights issue: Affidavit The affidavit and annexure filed by Ratan Tata and Cyrus Mistry at the NCLT shows Tata Sons’s board had serious differences with Mistry over Tata Motors’ fundraising plans in 2015 Has the Modi govt succeeded in unclogging stalled projects? The lack of clearances continue to be the biggest stumbling block for green field investments In Donald Trump era, India under Modi must join forces with other Asian nations India, and other countries, must put in the hard diplomatic and economic work needed to build consensus to shape Asia’s destiny in the era of Donald Trump United Spirits says cheers to note ban The popular segment—which the masses consume—saw sales decline by 7%, while the prestige segment—which the well-heeled consume—actually grew by 11% What to expect from gas firms for the December quarter City gas distributors had delivered for the half year ended September; but they are expected to suffer the adverse consequences of demonetization on CNG demand The easy way to track your finances The ETMoney personal finance app promises to transform the way you manage your money Have you stopped short of creating a budget just because it's so difficult to monitor your expenses? The tedious exercise of tracking spends often ends because either you don't remember where you spent the money or can't curb overspending. E-commerce in India: From Tiger Global to Sequoia, top private equity investors tighten purse strings Tiger Global Management isn't having what one would call a roaring time. Its biggest bet in India— e-retailer Flipkart—posted a loss of R2,306 crore in FY16, following it up with a loss of R1,296 crore in the nine months to December. Why India needs an AI policy With China making rapid progress in artificial intelligence (AI)-based research, it is imperative that India view AI as a critical element of its national security strategy Arun Jaitley likely to cultivate farmers with budget sops Concessional loan scheme for farmers may be extended to offset demonetisation impact Sebi plans changes to norms for key board decisions, disclosures Sebi is examining these issues at a time when a boardroom battle at Tata Sons has raised questions on corporate governance issues and role of directors Green Investment Bank, Oman SGRF eye stake in Leap reen Energy State General Reserve Fund of Oman’s interest follows Prime Minister Narendra Modi’s pitch for investment during his Saudi visit in August 2016 KKR’s Joulon buys majority stake in Sara Sae The Joulon deal has provided an exit to Renuka Ramnath’s Multiples PE from drilling equipment firm Sara Sae Bilt Paper parent in talks to raise about Rs400 crore Ballarpur Industries’s Bilt Paper is seeking investments from Deutsche Bank and Goldman Sachs India in a structured credit transaction PEs eye womenswear brand Soch Mumbai/Bengaluru: Ethnic wear brand Soch has held talks with private equity (PE) funds, including L Catterton, Westbridge Capital and CX Partners, for a majority stake sale valuing the company at around $200 million, people privy to the matter told TOI. HFCs, private equity firms set sights on affordable housing Segment making sizeable gains from Centre’s ‘housing for all’ push Utkarsh to launch Small Finance Bank on January 23 This is the first one to launch operation after demonetisation in this small finance bank space. CDC has pumped in Rs 150 crore in tier II capital in the company barely 10-12 days back. India may face pressure to open up ecommerce sector G-20 has, for the first time, asked members, including India, their views on digital trade. Future Group rejigs top roles to push growth Biyani said Future Supply Chain would play an important role in helping their business achieve the group's vision 2021. Dubai's Jumbo Electronics to say goodbye to India Jumbo, which has already informed its 145-odd staff in India to look for a change, will move out by March this year, shutting its 16 stores. Croma plays it smart Retail chain's growing strength lies in a mix of exclusive ties with brands and in-house offerings Amazon hires record level of office property in 2016 Last year's space leasing equal to seven years' total Amazon India says half orders placed by Prime members during latest sale Prime is an annual subscription programme by Amazon where customers get free 1 and 2 day deliveries besides access to Amazon Video. Chili's to heat up South Indian market Casual dining chain Chili's American Grill & Bar is set to expand its presence in South India. Ashley eyes open doors for India store expansion Ashley Furniture HomeStore - the American store chain retailing Ashley Furniture products - has designed a strong India-centric strategy, with a vision to put up at least 100 stores in the years to come. Budget should focus on making Indian logistics sector globally competitive Govt needs to take a holistic view to overcome challenges & advancing the competencies of the sector Telecom firms can leverage Internet of Things to gain an edge IoT is a business opportunity for telcos, it can also help them raise their game by ensuring smooth services, such as anticipating snags in functioning of cell towers DoT asks Aircel to inform customers to avail MNP in case SC cancels spectrum license The telecom department has asked Aircel to inform all customers to provisionally avail mobile number portability (MNP) to continue their services in t.. IIT-B professor develops project to make Internet accessible in rural India IIT-B professor develops project to make Internet accessible in rural India - IIT Bombay professor Abhay Karandikar and his team have qualified for the finals of Mozilla ‘Equal Ratings Innovation Challenge’ for developing an open source low-cost prototype to provide affordable Internet in rural India Bharti Airtel considering exits, stake sales at some Africa operations Bhartis African unit lost $91 million in the quarter ended September, compared with a $170 million loss in the previous year. Coca-Cola India hires Shehnaz Gill as franchise head Gill, an industry veteran, will serve as Franchise Head for all 14 bottlers operating in India Basmati Rice firm LT Foods eyes Rs 6000 crore revenue by 2020 Leading basmati rice firm LT Foods Ltd is targeting to double its turnover to Rs 6,000 crore by 2020 and is looking for growth organic as well as inorganic routes to become a FMCG company. LT Foods has presence in over 65 countries with revenue of nearly Rs 3,000 crore last fiscal. Its two major Flipkart ranked amongst India's most trusted e-tailing brands The e-commerce giant was also the fastest in terms of order fulfillment and delivery as seen in the latest Red Seer Delivery Performance Report. Flipkart, Amazon, Snapdeal's losses could fund note printing post demonetisation Hindustan Times Flipkart, Amazon, Snapdeal's losses could fund note printing post demonetisationFunded by foreign investors and parent companies, India's leading e-commerce firms -- Flipkart, Amazon and Snapdeal -- have increased its losses by 51% in just one year to Rs 11,754 crore, to fund growth and dole out discounts to gain marketshare. articles  Flipkart halts UPI payment option amidst ICICI-PhonePe war PhonePe has disabled UPI-based payment support for its merchant Flipkart's Android App temporarily, PhonePe CEO Sameer Nigam told ET. How banking apps and digital cash solutions are all the rage in India Prime Minister Narendra Modi’s dramatic demonetisation move more than two months ago not only surprised every Indian but also opened the floodgates .. Tier III cities drove 3-day sale: Amazon India The India unit of the US-based company said it also saw 200 per cent growth overall between January 20-22 compared to a normal day. NPCI has no jurisdiction over us: PhonePe The Flipkart-owned payments app PhonePe's co-founder & CEO Sameer Nigam has said that the National Payments Corporation of India (NPCI) had no legal j.. Alibaba to invest Rs 120 crore, to increase headcount in India UC Web is investing Rs 120 crore in the Indian market to accelerate user-generated digital content, and is planning to more than double headcount in t.. WestCoast Group launches its e-commerce portal Cambaytiger.com WestCoast Group owns and integrates its activities right from shrimp hatcheries, shrimp and fish farms, shrimp feed marketing, processing, exports and domestic retail. What 2017 looks like for start-up valuations? Several dominant consumer driven tech-startups (such as e-commerce portals, food-tech sites, online marketplaces, and aggregators) enjoyed soaring val.. 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