Apr 11, 2017 - India mulls private banks for $1.5 trillion infrastructure gap

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Sree Vijaykumar From the Editor's Desk It's a good time to be a content producer in India, specifically video entertainment. Netflix and Amazon have reportedly set aside Rs 2000 cr each to purchase original content in India. Why wouldn't they? Millions of consumers being added online every month (Jio and telecom data wars help); a young population hungry for new forms of entertainment, something beyond Bollywood, something more local than Hollywood (the huge content gap between Narcos and Naagin, as Apoorva Mehta of Dharma Productions says) and intense competition between two large hungry competitors - Netflix and Amazon. This also has the potential to disrupt Bollywood, as smaller production houses and content creators get a more even playing field to reach consumers. Will we see Netflix-only movie releases soon? Advertisers of the day TATA Housing: Tata Housing brings Luxury Homes on the Bengaluru's only private hill Andaz Delhi: Experience Andaz Delhi, a new Luxury Lifestyle Hotel by Hyatt at INR 8,888  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). India mulls private banks for $1.5 trillion infrastructure gap RBI proposes India offer licences to private companies to set up infrastructure banks Advt: Lending solutions for all your long-term business needs No company starts big. They grow over time. Standard Chartered will be your companion in this growth journey, giving you solutions that fit your needs at every stage (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. Slipping global iron ore prices worry NMDC investors Unless prices fall sharply, NMDC may still be able to justify in holding on to prices at current levels Real estate euphoria premature as demand continues to be elusive Given the deplorable base, the March quarter performance will look appealing. If at all, the financial health of firms with a higher mix of commercial assets would do better OECD’s leading indicator shows growth momentum easing in India OECD prognosis flies in the face of most analysts’ anticipation of a pickup in the Indian economy, as it recovers from the trauma of demonetisation Indian e-tailing: It's likely to remain a three-way fight For Softbank, whose Indian investments haven’t paid off, the deal is a silver lining. Nexus Venture Partners, with 10% in Snapdeal, is likely to be the worst hit. Flipkart valued $3.6 bn lower but sector foresees better times $11.6 billion valuation for the firm a few hundred millions higher than what experts predicted it could secure; funding sources shifting from VC to market players Mytrah Energy in talks to raise Rs1,800 crore from Piramal Capital SFG Mytrah Energy plans to use the funds to refinance its debt and provide exits to investors IDFC Alternatives, AION Capital and Merrill Lynch before its planned IPO Flipkart raises $1.4 billion from Tencent, eBay and Microsoft, acquires eBay India The $1.4-bn deal is led by Tencent with an investment of $700 mn while eBay will contribute $500 mn & also receive Flipkart stock worth $200 mn in lieu of its Indian operations. InnoVen Capital doubles India investments in March quarter InnoVen Capital closed deals worth Rs 238 cr ($37 mn) across 17 companies in Q4 of FY17 alone – more than double the Rs 110 cr it lent in Q3. Macquarie to acquire solar power assets of Hindustan Powerprojects in $600 mn deal The acquisition of solar power assets of Hindustan Powerprojects gives Australia’s Macquarie Group an entry into India’s renewable energy sector China is doing more business with India, but it's still far from smooth sailing China will invest $20 bn here over 5 years. But it will be peanuts compared to $750 bn that China says it will invest internationally during the same period. Fino Paytech inks deal with ICICI group companies to distribute insurance products The payments bank will launch its operations with 3-4 products including current and savings account, business correspondent lending, remittances and insurance. Suryoday Small Finance Bank revs up cover policy sales For life insurance products, it has tied up with HDFC Life and Kotak Life, and for general insurance products it has tied up with Kotak General Insurance and ICICI Lombard. Sanjiv Goenka Group eyeing over Rs 6500 crore FMCG sales in next 5 years The Kolkata-headquartered conglomerate announced its entry into the FMCG business on Monday, with products available in more than 20,000 outlets. Great Indian E-Commerce War: Bezos vs Son Son's play could create India's largest online retailer, setting his empire up for a head-to-head contest with Amazon.com. Flipkart raising $1.4 bn from Microsoft, Tencent, eBay shows Indian e-commerce is going strong The fund raising by Flipkart will buoy the sector which is seeing many players bleeding on account of intense competition and the discounts game played to attract customers No proposal to review FDI in multi-brand retail: Government The current foreign direct investment policy permits overseas players to hold 51 per cent stake in an Indian retail company. CP outlets running under losses after NDMC crackdown on restaurants - Owners claim that they have suffered losses anywhere between 35 to 40 per cent since the NDMC directed its ire on them Reliane Jio effect: Rs4,600 crore hit for telecom firms in FY17, Rs4,900 crore hit in FY18 Annual revenue of Indian telecom firms declined for the first time since FY09 to Rs1.88 trillion in FY17 due to Reliance Jio’s free offers, a CLSA report showed Settling EPF claims through mobile phone to be a reality soon The EPFO receives close to 1 crore applications manually for settlement of EPF withdrawals, pension fixation or getting group insurance benefit... Forget 4G, Indian telecom operators working with Nokia to deploy 5G 5G is expected to launch in developed countries by 2020 and by 2022, in India. IBM: IBM appoints a chief digital officer for India, Telecom News, ET ... IBM has appointed a chief digital officer (CDO) for India, one of the first countries outside the US to have such a position, and marks the importance.. Red iPhone 7, iPhone 7 Plus Available in India Starting This Friday? Here's all the pre-order, pricing and release date details you need to know about the red iPhone 7 and iPhone 7 Plus in India. Is the govt finally taking note of Reliance Jio's impact on telecom industry? Reliance Jio initially offered free voice calls and data until the year-end in a promotional offer, and later extended them to March 31. We want to educate consumers on beauty products: Ajay Ghooli We want to educate consumers on beauty products: Ajay Ghooli - Interview with managing director of Kaunis Marketing Services Pvt Ltd Growth-hungry Sanjiv bites into FMCG pie RP-Sanjiv Goenka Group, operator of CESC and Spencer’s Retail, said entering the consumables business by launching packaged snacks on the advice of consulting firm McKinsey 70% of all goods and some consumer durables to become cheaper under proposed GST regime India is likely to rely on the effective tax rate currently applicable on a commodity to get a fix on GST slab, allowing most goods to make it to the lower bracket. Reliance Retail-Heritage Foods deal, 2 others get CCI nod As per the notice submitted to the regulator, the proposed combination relates to the acquisition by Heritage Foods of the dairy business of Reliance Retail, by way of a slump sale. Himalaya Men and Royal Challengers Bangalore co-create India's first-ever facewash for Men with Active Lifestyle Bangalore, Apr 10 (IBNS): The Himalaya Drug Company, India’s leading home grown Wellness Company, today announced the launch of Himalaya Men Active Sport Facewash. Even in the face of bruising boycotts, Coca-Cola's India head keeps remarkable zen The company now counts India as its sixth-largest market. New strategies to stay in the market after GST Indian markets and India Inc., is all geared up for the mega debut of GST on July 1. The consumer products manufacturing companies are spending more time in their board rooms to lay a robust strategy for staying afloat in the post-GST era. Experts believe that GST is the biggest change in the tax fabric of the country since independence, and this will change the business climate of the country within the coming few months. Why Mondelez is not worried about new competition in India Rivals Nestlé, Ferrero India and even Patanjali hit the market with new launches in the chocolates category dominated by Mondelez. Micromax, Flipkart to jointly develop devices in Rs 6000 to Rs 12000 price band The phones branded Evok are likely to hit the market next week. Micromax is targeting a price segment that accounts for about 50 per cent of the market by volume. Idea Money, Shopclues Partner To Sell Products Offline Idea Money, through its RAM and a network of 1.8 million Idea retailers will help ShopClues to increase its presence in the tier 3 and 4 markets and scale up rural assisted ecommerce business. Battle of billionaires as Son set to clash with Bezos in India To get the merger done, Son is willing to cut Snapdeal's valuation 85 percent to $1 billion, said the people, asking not to be named because the talk .. Experts divided over Kunal Bahls letter to Snapdeal employees While some leadership experts give the Snapdeal founder full marks for the communication, some others say the move is unlikely to pay off. Snapdeal allays fears of lay-offs amid buzz of a sale-off to Flipkart Deccan Chronicle Deccan ChronicleMumbai: The founders of India's Snapdeal told employees in an email on Sunday that the e-commerce company will ensure there is no disruption to staff "as the way forward becomes clear," as speculation of a takeover swirls. The email, seen by Reuters, ... articles  Why Amazon India is the reason behind Flipkart-Snapdeal merger This would be India's biggest merger - $10 billion (Rs 6,500 crore) - in the e-commerce sector. How Paytm aims to capture millions of brick and mortar store customers Paytm is now tapping offline customer base at brick and mortar stores with its online to offline (O2O) model, a report by Times of India said on Monday. "We aim to create an offline network as a platform for brands to reach out to millions of consumers, thereby optimising the supply chain and marketing expenses on their behalf,” the report quoted Amit Bagaria, VP Paytm Mall. International Chamber of Commerce pushes for ecommerce agenda at WTO The International Chamber of Commerce has proposed the WTO "to give active consideration" to launch talks on a holistic package of trade disciplines, rules and assistance. Vivo partners Flipkart to sell its V5Plus phones The matte Black V5Plus limited edition phone, priced at Rs 25,990, will be available for sale on the e-commerce platform from tomorrow, the company said in a statement. Razorpay to tap B2B payments, global markets for growth (FY17-18)...We hope to be profitable by September 2018 at the. 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