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Thursday, March 23, 2017

Mar 23, 2017 - Price control risk could be game changer for healthcare sector

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
virtually everyone has heard the claim that blockchain will revolutionize business and redefine companies and economies. Although we share the enthusiasm for its potential, we worry about the hype. It's not just security issues (such as the 2014 collapse of one bitcoin exchange and the more recent hacks of others) that concern us. Our experience studying technological innovation tells us that if there's to be a blockchain revolution, many barriers-technological, governance, organizational, and even societal-will have to fall. It would be a mistake to rush headlong into blockchain innovation without understanding how it is likely to take hold. True blockchain-led transformation of business and government is still many years away. That's because blockchain is not a "disruptive" technology, which can attack a traditional business model with a lower-cost solution and overtake incumbent firms quickly. Blockchain is a foundational technology: It has the potential to create new foundations for our economic and social systems. But while the impact will be enormous, it will take decades for blockchain to seep into our economic and social infrastructure. The process of adoption will be gradual and steady, not sudden, as waves of technological and institutional change gain momentum. That insight and its strategic implications are explored in this HBR piece

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Price control risk could be game changer for healthcare sector

The March quarter’s financial results should give a glimpse of the impact of price controls on coronary stents, which should give an idea of the price sensitivity in the healthcare business

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Business sentiment in Asia hits two-year high

Companies engaged in financial services were the most upbeat with the sub-index rising to a near four-year high of 75 from 61 in the previous quarter

Edelweiss sets up advisory board for stressed assets revival

The Edelweiss advisory board on stressed assets revival comprises former SAIL chairman Sushil Kumar Roongta, ex-NTPC MD T. Sankaralingam and former Vedanta boss Mahinder Singh Mehta

Bank of Baroda said to consider cutting insurance firm stake

Bank of Baroda is seeking to pare its 44% stake in IndiaFirst Life Insurance and the 49% stake in Baroda Pioneer Asset Management

Two ARCs seek RBI nod for priority funding for cases under bankruptcy law

A priority funding structure could prove to be a boon for companies that are not able to close a bad loan sale due to pricing issues

How to pay India’s hospital bills

As India’s health financing landscape evolves, it is unclear if the government has an overall philosophy that binds the many moving parts

CCI seeks comments on Dow Chemical and Du Pont merger

CCI said that the proposed merger of Dow Chemical and Du Pont is ‘likely to have an appreciable adverse effect on competition’

Govt okays Rs 1,100 crore capital infusion in Indian Overseas Bank

The government has approved the second tranche of capital infusion in public sector banks to enhance their capital base.

HDFC to raise Rs1,498 crore to shore up long term capital

HDFC bonds, in nature of secured redeemable non-convertible debentures, will bear coupon rate of 7.78% per annum

Axis Bank denies rumours about CEO Shikha Sharma’s resignation

“The news stating the impending resignation of the MD & CEO of the bank is false, speculative and is being circulated with the mala fide intention,” the bank said in a statement.

Brookfield, ATC vying for Idea and Vodafone’s tower assets

Brookfield Asset Management and ATC are eying mobile tower assets of Idea Vodafone valued at Rs10,000 crore

Mukesh Bansal steps down from Swiggy board as CureFit eyes food delivery

Mukesh Bansal stepped down over a ‘conflict of interest’ as CureFit is also contemplating food delivery that overlaps with Swiggy’s core business

Affordable housing to be growth driver for housing finance market

The rating agency said it expects affordable housing segment to grow at a faster pace than industry at over 30 per cent over the medium term.

Copper prices decline on easing of supply disruption concerns

Prime reason being recent comments by the workers union at Escondida, the worlds biggest copper mine in Chile, that it was open to further conversation with the company.

Stricter norms for e-wallets likely soon

The Reserve Bank is seeking the public’s comments on regulations relating to prepaid payment instruments such as e-wallets. Here is what it proposes for now

D-Mart listing: Investment banks earn lowest fee in last two years

The nine investment bankers to D-Mart IPO collectively made Rs9.43 crore or just 0.5% of the issue size, according to Sebi data

French retailer Auchan scouts India all over again

Auchan and another French retailer, Carrefour, exited India in 2014

Neville Noronha: The low-profile retail CEO

'We want to keep things simple,' are words often used by Noronha

Is D-Mart India's Walmart in the making? What explains its success

Radhakishan Damani's retail chain gives its customers less and makes more than its rivals

Samsung Pay debuts in India

To launch Samsung Pay, a user will just have to swipe up on a compatible phone, select the card, authenticate using a fingerprint or PIN and bring the..

The rise of private label brands

It is possible for Pvt labels to reach 50% of total organized retail in the next decade – assuming that organized retail can reach 30% of total retail by then, Pvt labels could account for as much as 15% of total retail in India by 2025.

Coca-Cola India to reduce focus on fizzy drinks

At present, around 65% of Coca-Cola India's sales come from fizzy drinks, while the rest comes from still beverages such as Maaza, Minute Maid and oth..

Future Group eyes $15 billion turnover in the next 5 years: Rakesh Biyani

At a seminar on 'Access to Retail Market in India' Joint Managing Director of Future Retail and Co-Founder of Future Group, Rakesh Biyani, said that the Future Group aims to reach a turnover of $15 b

Puranmal Foods Pvt. Ltd to launch more outlets in coming months

Franchiseindia.comDeepa Surekha, Managing Director, Puranmal Foods India Pvt. Ltd, said, "Since everything will be in bite sized portions, you can actually have a Marathon Tasting Session. From Cone Chaat to Corn Oat Bhel to Ras Malai Mousse, this revolutionary range of ...

With over 100 handset brands in a $15 billion market, consolidation is just around the corner

Some 220 mn units of feature & smartphones are sold in India per year. With over 100 handset brands in a $15-bn market, consolidation is just around the corner.

Expect some rationality to return to telecom sector in mid to long term: Nitin Soni

The telecom market was already consolidating and Jios entry has accelerated the industry consolidation, says the Director-Asian Corporates, Fitch Rating,

Policy needed to regulate shut down of mobile networks: Panda

New Delhi, Mar 22 (PTI) Forced shut down of mobile and broadband services in various parts of the country have caused a loss of Rs 650 crore last year and the government must come out with policy guidelines to regulate such restrictions, a BJD MP said today.

Samsung Pay debuts in India

Samsung Pay has integrated digital wallet Paytm as well as the government's Unified Payments Interface (UPI) payment system into its app.

200 million 4G feature phones to be sold in India in next 5 years

In an estimated figure of 60 mn 4G featurephone units to sell globally this year, 200 mn of them are estimated to be sold in India alone.

Top VoIP apps to avoid exuberant international calling charges

Making overseas voice calls is an expensive affair.

2 yrs since Make in India launch, only smartphones thrive in manufacturing sector

Narendra Modi promised a job revolution through manufacturing but two years later, little has flown into the programme’s centrepiece, apart from mobiles and autos.

Note ban continues to dampen sales of brands like Zara, H M, Massimo Dutti

Effects of the November 8 demonetisation that sent consumer confidence and sales plunging until February continue to reverberate across high-street shops and malls.

Coca-Cola India chief Vekatesh Kini dismisses concerns of sugar and attrition

Speculation has been rife that at least a couple of senior officials are leaving the Indian unit of the worlds largest fizzy drinks maker. Kini has denied it.

Fresh fruit Importer IG International ventures into fruit exports

The initial fruit to be exported is grapes-named IGGrapes-obtained from the best sourcing networks in the belts producing the highest quality table grapes in India.

Coca-Cola India to reduce focus on fizzy drinks

At present, around 65% of Coca-Cola India's sales come from fizzy drinks, while the rest comes from still beverages such as Maaza, Minute Maid and others.

Come July, your favourite fast food or snack may become too costly for you

Hotels and fast-food joints are staring at an uncertain tax regime post July 1 as GST will cap composition benefits at Rs 50 lakh of annual turnover.

Non-fizzy drinks make up 35-45% of Coca-Cola's business: Venkatesh Kini

Coca-Cola India and South West Asia president Venkatesh Kini on the company’s expansion in non-carbonated drinks, GST and problems in Tamil Nadu

Indian online fashion market to hit $12-$14 billion by 2020

While fashion market in India is currently estimated at $70 billion -- where online contributes five per cent at around $4 billion -- $30bn of this ma..

FreeCharge promotes Ankit Khanna to COO

In his earlier role at FreeCharge, Khanna was serving as chief product officer and prior to that, he was with Snapdeal serving as senior vice presiden..

Flipkart-backed startup BlackBuck raises $70 million in Series C round

The company claims to have over 1 lakh truckers on its platform and serves MNCs like Unilever, Coke, ITC, Pepsi and others

Indian e-commerce firm Snapdeal says not in talks for sale

"The information is incorrect and without basis", a spokeswoman said in a written statement.

With over 100 handset brands in a $15 billion market, consolidation is just around the corner

Some 220 mn units of feature & smartphones are sold in India per year. With over 100 handset brands in a $15-bn market, consolidation is just around the corner.

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