Mar 10, 2017 - RBI's 31 March deadline on bad loans offers opening to private equity

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Sree Vijaykumar From the Editor's Desk The only way sharing economy companies like Uber can insert themselves between the customer and the asset owner, and truly benefit all parties, is by increasing the frequency of customer usage of the asset or by increasing the aggregate size of the customer base, argues Seyi Fabode in this blog post. The constraint is that there is only so much money to be shared between all parties when you insert your app (and the back-office that supports that app) between a consumer and the product/service they want to consume. The constraint is that the broker model, even with new technology, is not value additive. At some point someone has to be purged from the system, and it won't be the asset owner, producing or delivering the service, or the consumer, who pays for the service. Advertisers of the day DLF - Crest: Embrace a life made to order a rare opportunity to own your dream home Gartner: New Webinar: Infrastructure and Operations Leadership Vision for 2017   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). RBI’s 31 March deadline on bad loans offers opening to private equity Banks will probably get more impetus to convert stressed loans into equity in the delinquent borrowers and sell them, say analysts Advt: Employee Banking privileges tailored just for you. Zero Balance Savings Account. Free unlimited transactions* at all Bank ATMs (Know More)   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. We will decide on instrument for raising funds in coming financial year: Dinesh Kumar Khara, SBI Will decide on the amount of money to be raised, depending on the market condition, says the SBI MD. UPI, Aadhaar Pay, Bharat QR force Paytm, Mobikwik to step up their game With the arrival of state-sponsored e-payment services, electronic payment firms have ratcheted up their efforts to lure customers in the cashless driven market The curious case of India’s friendless stocks rally The Nifty 50 Index is barely 2% away from its all-time intraday high but the Indian benchmark is struggling to break free of scepticism Modi’s goal of cashless India may be thwarted as digital transactions drop Digital transactions are dropping before next week’s deadline to lift all lingering caps on cash withdrawals, Reserve Bank of India data show Poor commercial vehicle sales point to fundamental problems with economy Domestic sales contracted 1% in January, with market leader Tata Motors Ltd, which commands almost half the share of the market, reporting a year on year decline of 6% Mitsui Group said to be looking for a role in India’s clean energy story Interest from one of Japan’s largest corporates in India’s renewable energy play comes in the backdrop of India courting investments for its clean energy sector How far has India come in its digitization journey? Technology experts unravel India’s digitization journey on the opening day of emerging technology conference EmTech India 2017 Govt tells RBI to work with stakeholders for PoS roll-out The govt has asked RBI to fix responsibilities for stakeholders, including PoS manufactures, UIDAI that administers the 12-digit Aadhaar number, and the NPCI to launch the process Private sector banks looking to leverage robotics, AI HDFC Bank launched its humanoid Ira in January; ICICI Bank is using robotics to cut repetitive work Indians help make US economy more competitive, says Indian foreign ministry MEA Spokesperson Gopal Baglay said there was a strong recognition as well as respect for Indian skills and contribution of the Indian technological manpower to the US economy. Abraaj Group eyes structured credit deals in India Abraaj Group is evaluating several potential structured credit deals in India including a potential investment in a Pune-based LED lighting products maker AIG CEO Peter Hancock to quit as swelling losses hurt investors Peter Hancock’s successor will be the seventh CEO of AIG since 2005 as the company’s complexity bedeviled one leader after another as they struggled to manage the global insurer IndusInd Bank confirms deal talks with MFI Bharat Financial IndusInd bank said the management has been authorised to evaluate strategic opportunities for business expansion. Paytm to charge 2% fee for topping up wallets with credit cards Paytm introduces 2% fee for adding money to wallets using credit cards after it found that some users were using its platform to get free credit and transferring the money back to their bank accounts Engie seeks to sell entire stake in Petronet LNG Petronet says Engie has written to ONGC, BPCL, IOC and GAIL that together own half of Petronet LNG, to offer shares in proportion to their holding in the company Over 12% of RIL stake changes hands as company witnesses three block deals On 2 March, RIL said its promoter group entities have proposed to re-structure their shareholding by an inter-se transfer of shares Implementation of GST on track says Finance Minister, augurs well ... Business Wire India For Indian real estate, a series of government-lead reforms, including implementation of Goods and Services Tax (GST), as also RERA, demonetization and the law on Fitch: Indian banks risk skipping coupons, despite forbearance The situation is particularly critical for mid-sized state banks that have seen the sharpest deteriorations in their financial profiles in the last few years, the ratings agency added. Motorola-Lenovo to expand retail store presence The Motorola-Lenovo combine plans to strengthen its offline strategy with expansion, with about 25-100 exclusive stores over the next three years. Govt cracks whip on theatres for overcharging eatables Hindustan Times The issue of being charged more than the Maximum Retail Price (MRP) at cinema halls had been raised in the Delhi Assembly on Tuesday. A number of MLAs had pointed out that cinema halls and multiplexes were charging ... For the offence, a retailer can ...articles  Amazon wants its grocery service in previously restricted India Amazon.com Inc. wants to stock and sell groceries online directly to consumers in India, two senior government officials said, the latest move in its quest to boost sales in the South Asian nation. McDonald's undergoes brand transformation; launches 'experience store' McDonald's has been moving towards a healthier menu over the past few years offering lower sodium in fries and nuggets, lower calorie sauces, and pres.. Mumbai's HyperCity store unveils 'Tastes of Britain' HyperCity is hosting the Tastes of Britain festival from March 8 to 31, in Mumbai, Bengaluru, Hyderabad and Delhi stores. Shiv-Naresh: A desi sportswear brand is running to catch up with Nike, Adidas and Puma Despite competition from big MNC brands, Shiv-Naresh has grown into important niches of sportswear market with perseverance and clever strategy. Future Group to become debt-free in less than 4-5 years: Biyani Future Group will become debt free in less than 4-5 years and has completed the reorganisation of businesses and is working towards strengthening the balance sheet to grow faster. Shoppers Stop to shut unprofitable outlets Shutting down or rightsizing stores is a very common and essential practice in the retail business. Companies like the Future Group, Dominos and Lifestyle have done so in the past. Trai recommends Wi-Fi hotspots, sharing of infra It suggested that authentication can be done using eKYC, e-Electronic Customer Application Form (eCAF) and other electronic modes. India- The eventful ride of Reliance Jio so far Sources said the Trai is likely to firm up its reply in response to the Telecom Commission’s letter to it recently, which blamed the former for not handling Jio’s promotional offer in a proper manner which led to a decline in government’s revenues during Q2 and Q3 of the current fiscal. India releases draft rules for mobile wallet companies The draft mobile wallet guidelines which have been released for public consultation by the ministry of electronics and IT cover an entire spectrum suc.. 'Unlimited' Mobile Data Plans in India: Is There a Catch?   Salman Khan to launch his own BeingSmart phone brand in India, manufacture Android phones less than 20k BeingSmart phones will be targeted entirely at the budget conscious Indian and will take the present Chinese smartphone brands ruling the Indian space head on. When 'Digital India' loses meaning at the Election Commission After an agonising wait of three months, during which the website kept showing the application status as "under process", I filed an RTI application o.. Only one in seven brands wins in FMCG, CII-Bain Co. Fifty percent of market leaders in consumer goods lost their share between 2014-16, CII-Bain & Company report With nearly 100 brands on offer, wine festival to begin today A three-day wine festival, which aims to create awareness on the health benefits of wine, will begin in Hubballi on Friday.State Wine Board chairman Ravindra Shankar Mirji and MD T. Somu told reporter McDonald's to roll out self-order kiosks and table service The quick service restaurant is rolling out these services along with decor changes at its outlets as part of a global strategy to improve customer experience and convenience through interactive technology. Coca-Cola to go the 'healthy' way, may launch coconut water Packaged coconut water is one of the fastest growing beverage categories in the world and the 2013 deal has given the company the top position in the segment. Despite being a terror hub, Pakistan is the cynosure of investors' eyes. Here's why Despite its reputation as a failed state and a breeding ground of Islamist terror, it may be on the radar of investors looking for long-term growth. Delhi cracks down on cinema halls over-pricing beverages The surprise inspections were carried out in 14 cinema halls on Wednesday and action was initiated in at least 12 cases, the government said. Will focus on select FMCG sectors: Harish Bhat It was noted that in case of online shopping, convenience has overtaken discounts as a key driver for buying online. Surat, Jaipur to be new metros by 2018 with Rs 800 billion household income The report also identifies 42 new-wave markets, which are expected to grow at 8.9% as compared to the 8 metros that are expected to grow at 8.3% CAGR in the 2015-20 period. EY: New wave of cities closing in on metros in terms of consumption Places such as Jaipur and Surat have emerged as key target markets for businesses, says a report published by EY Mother's Recipe pioneers packaging innovation for cooking paste category; introduces the Ginger Garlic Tub Mother's Recipe pioneers packaging innovation for cooking paste category; introduces the Ginger Garlic Tub - Keeping consumer satisfaction and convenience as the aim, Mother?s Recipe recently launched their Ginger Garlic Paste in an innovative 300 gram tub pack. FMCG companies turn focus to 'healthy' snacking in India With Baba Ramdev’s Patanjali bringing out the natural supplements in its products, brands have rushed to position themselves ahead of the race and produce healthy foods in India. Multinational brands like Rasna, Hain Celestial and Pepsi announced the launch of ‘healthy snacking’ all in the second month of 2017. In a first for the soft drink and fruit concentrate company, Rasna announced that it has entered the baked goods segment under healthy snacking with -- Vitos in a conference on February 23. Indian consumers not so sensitive to discounts: Indian FMCG Leaders The FMCG leaders spoke on the CII National FMCG Summit, 2017. 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