Feb 3, 2017 - Snapchat files for $3 billion IPO as era of secrecy ends

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Sree Vijaykumar From the Editor's Desk We want life to be as dazzling and painless as possible. Life, on the other hand, has a way of humbling us, and heartbreak is built into its agreement with the world. We're young, until we're not. We're healthy, until we're not. We're with those we love, until we're not. Life's beauty is inseparable from its fragility - Susan David, author of 'Emotional Agility' 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). Snapchat files for $3 billion IPO as era of secrecy ends Snapchat plans to raise as much as $4 billion in the IPO for a market value of as much as $25 billion Brightest minds of India Inc. to convene at Retail Leadership Summit 2017 to deliberate on the future course for retail in India Come February 15, and Renaissance Hotel & Convention Centre, Mumbai will be abuzz with activity as the best and brightest minds of retail from across India will come together to chart the way forward for the industry at the Retail Leadership Summit (RLS). To be held on February 15 – 16, RLS is the biggest knowledge sharing platform for the industry organised by the industry, for the industry. Organised by Retailers Association of India (RAI), RLS 2017 will focus on the theme Collaborating to Win the Connected Consumer as Collaboration is the need of the hour, the way ahead for all. Speakers at the event include industry leaders such as BS Nagesh, Founder TRRAIN & Chairman RAI; Dr A Velumani, Creator & MD, Thyrocare; Govind Shrikhande, MD, Shoppers Stop, Hari Menon, Co-founder & CEO, Bigbasket.com; Vijay Shekhar Sharma, Founder & CEO, Paytm among others. To know more,click here   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. Uber CEO Kalanick quits Trump’s advisory council amid immigration row Uber CEO Travis Kalanick ’s participation on the advisory council prompted blow-back on social media after Donald Trump’s executive order on immigration VCs line up for Indian Govt's fund of funds for startups “The number of fund managers approaching us has more than doubled this year,“ Ajay K Kapur, chief general manager at Sidbi, told ET. Indian IT firms like TCS, Infosys were reeling even before Trump’s H1B visa jolt US President DonaldTrump hasn’t brought India’s outsourcing industry to the brink; but his anti-immigration stance may push it over Revival package for stalled hydropower projects soon: Piyush Goyal Power minister Piyush Goyal says the provision for budgetary support will be invoked as a last resort as it was vital for hydropower projects to be self sustaining Aditya Birla Retail may refinance debt up to Rs1,500 crore Aditya Birla Retail, which runs More supermarkets, is said to have tied up about Rs500 crore via private placement of structured debt instruments Budget 2017: As the world looks on, India moves slowly towards a cleaner economy Jaitley also halved the basic personal income tax rate, and cut taxes on small firms that account for 96 percent of India's businesses. Has Union Budget 2017 made India a better investment destination? Amid global and local uncertainties, the budget resisted the tendency to be fiscally expansionist and didn’t shock a system that isn’t well-equipped to deal with shocks Alibaba to lead $200 million investment into Paytm’s online marketplace The $200 million investment will value Paytm E-commerce at about $1 billion, will take the stake of Alibaba and Ant Financial in the online retail firm to over 50% Merger with Idea doesn't mean exit of Vodafone from India: CEO Vittorio Colao The intent of the Voda-Idea JV is to “self-fund and we are working on discussing mechanics and agreements”, Colao said MakeMyTrip’s valuations continue to defy gravity MakeMyTrip appears to be reaping the benefit of US investors’ fixation with high-growth stories Aster DM defers IPO plans over valuation concerns of overseas operations Aster DM Healthcare was looking to raise close to $300 million from the IPO, valuing the company at around $2.5 billion Indian IT companies need to stop using H1-B visas: Narayana Murthy Indian IT companies need to learn how become multi- cultural and recruit local talent and work with it , says Narayana Murthy RBI allows NRIs to invest in exchange-traded currency derivatives RBI allowed NRIs to access the exchange-traded currency derivatives market to hedge the currency risk arising out of their investments in India Sebi proposes steps to boost liquidity in corporate bonds Market regulator Sebi has come out with a consultation paper for consolidation and re-issuance debt securities Reckitt Benckiser in talks to buy Mead Johnson for $16.7 billion Reckitt’s proposed price represents a multiple of 17 times Mead Johnson’s estimated 2017 EBITDA, say analysts S P says Rs 10,000 crore very little for banks recapitalisation While presenting the Budget, finance minister Arun Jaitely allocated Rs 10,000 crore for recapitalisation of the NPA-laden public sector banks for next financial year. Does the 10% dividend tax apply to mutual fund investors as well? There is no change from the perspective of a mutual fund investor. But read on for more details Govt looks to raise Rs11,000 crore from listing of PSU insurers Out of total disinvestment target of Rs72,500 crore, govt plans to raise Rs46,500 crore through minority stake sale and Rs15,000 crore from strategic disinvestment Amazon seeks govt nod to set up food e-retail venture in India with investment of 500 million This will allow the Seattle-based e-commerce titan to stock locally-produced food items and sell them online, making it the first foreign retailer to enter the segment. 'GST rollout vital for logistics sector' | Business Line The feeder routes are the existing railway routes, on which much work is required Trends which are transforming Indian retail industry Growing at a CAGR of 13%, the Indian retail market is set to double over the next four years and touch US $1.08 trillion by 2020 from the current US $585 billion. Are retailers leaving 'Baby Boomers' behind? Digital marketing has become very important in the marketing mix to reach a larger customer base more cost effectively. Social media, online marketing and other marketing tools are mostly focused on m India Inc speaks |Kudos, for fresh thinking & innovation: Kishore Biyani - Budget2017: The Finance Minister has done a commendable job in presenting a balanced budget, says Kishore Biyani, Group CEO, Future Group Telecom data war helps Facebook grow in India Reliance Jio carries 90% data traffic in India, but trails Airtel in 4G ... Reliance Jio is also the the primary data connection on most of the mobile devices in India. Reliance Jio is the new leader in Indian broadband market 4G operator Reliance Jio is the new leader in the Indian broadband market, according to Telecom Regulatory Authority of India (TRAI). Reliance Jio, which offered free voice, data and roaming services from September 2016 as part of its promotion plan, has displaced broadband leader Bharti Airtel and Vodafone India. In October, Reliance Jio was in … Aircel-Maxis case: Former telecom minister Dayanidhi Maran, others discharged by special court Dayanidhi Maran and others were chargesheeted for alleged offences punishable under section 120-B (criminal conspiracy) of the IPC and under relevant provisions of the Prevention of Corruption Act. Telenor India lost 689K mobile subscribers during Q4 2016 Telenor India lost 689,000 mobile subscribers during the quarter ended December 31 2016 (Q4 2016), higher than the 185,000 subscribers that it lost in the previous quarter. The telco reported 44.03 million subscribers for the quarter, down 1.5% Quarter-on-Quarter (QoQ) from 44.72 million subscribers Here's why Apple has been unable to solve the India puzzle It's no secret that Apple is eager for a chunk of the world’s fastest-growing smartphone market. Reliance Jio has 94% mobile data traffic share in India; Airtel, Voda, Idea have 2% each: Report Out of the 30 cities surveyed, Reliance Jio has its 4G signals present in over 70% of the entire area covered by cellphone signals, and in no city it .. Indian deodorant makers smell success in perfume markets Most companies have simply chosen to extend their deodorant brands to the perfume segment, and their primary target is young men Demonetisation results in FMCG slower sales, lower profits Consumer goods companies post declines in sales and profits; believe demand will bounce back in 2017 Hopeful of regaining lost business in rural market: Sunil Duggal, Dabur India In an exclusive chat with ET Now, Sunil Duggal, CEO, Dabur India, says that we will have to wait till April to see strong revival in earnings. Companies bet demand hit post note ban was transient, raised prices of products Amul raised prices of milk variants by 3% while Danone raised them by 7%, according to a Kotak Institutional Equities report.Amul butter became 5% costlier. NIESBUD joins hands with Anuna Education for e-commerce entrepreneurship training of Indian clusters Anuna's eCommerce Training program starts from the basics of entrepreneurship, business management and digital communications to in-depth analysis of .. Exclusive: Blume Ventures-backed fintech firm SlicePay buys rival Trustio Blume Ventures-backed digital payment platform for college students SlicePay has acquired Trustio, a New Delhi-based peer-to-peer lending company, in an all 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. 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