Apr 13, 2017 - Solar power tariffs: A race to the bottom?

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Sree Vijaykumar From the Editor's Desk In 1934, a young woman named Sara Pollard applied to Vassar College. In those days, parents were asked to fill out a questionnaire, and Sara's father described her, truthfully, as "more a follower type than a leader." The school accepted Sara, explaining that it had enough leaders. It's hard to imagine this happening today. No father in his right mind (if the admissions office happened to ask him!) would admit that his child was a natural follower; few colleges would welcome one with open arms. Today we prize leadership skills above all, and nowhere more than in college admissions. More here Advertisers of the day LODHA New Cuffe Parade: Launching LODHA Altia: A 44-storey new tower with lavish 1, 2 & 3 bed residences starting Rs 1.53 Cr Hyatt Hotels: World of Hyatt.  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). Solar power tariffs: A race to the bottom? Plunging solar power tariffs may well have a disruptive impact on the power sector in the short term 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. RBI mantra: Look forward to deftly manage cash and forex For every dollar it buys, RBI releases rupees into the banking system, which is already awash with surplus cash after demonetisation Sebi plans to make monitors mandatory for IPOs up to Rs 500 crore Sebi may discuss allowing options trading for commodities, unified licence for brokers, use of e-wallet for investments in mutual funds and instant withdrawal facility in mutual funds. BigBasket setting up separate warehouses for supply to hotels, restaurants BigBasket is setting up separate warehouses to cater to businesses such as hotels, restaurants and caterers, a move that will increase sales of private labels Vistara extends CEO Phee Teik Yeoh’s term, gets Rs200 crore from promoters Vistara CEO Phee Teik Yeoh, whose term has been extended for three years, will continue to be on deputation from Singapore Airlines Dr Mohan’s Diabetes raises Rs66 crore in Series A funding Dr Mohan’s Diabetes will use the funds to develop a pan-India presence and grow from a base of 25 clinics to 100 clinics in the next four years Mahindra Lifespace launches rights issue to raise Rs300 crore Mahindra Lifespace will sell 10.2 million shares at Rs292 each in the ratio of one share for every four held; the rights issue closes on 26 April India's bankruptcy code is 'pretty darn good', says Kohlberg Kravis Roberts co-chairman Henry Kravis KKR produced a white paper on banking after Henry Kravis told Modi that India lacked proper bankruptcy laws during his first visit to the US in 2014. Why deteriorating state finances should worry us The increase in deficit will limit the benefits of fiscal consolidation by the central government Currency rises at snail's pace even after RBI withdrew restrictions on cash withdrawals Total amount of cash and currency in the system amounted to Rs. 13.62 lakh crore as of April 07, according to the latest Reserve Bank of India data. Deeper capital market to help India unlock $100 billion in funding every year McKinsey & Co pegged the size of Indias capital market at $140 billion but termed Indias ability to funding at scale as moderate with shallow pricing efficiency. Amazon gets RBI nod for e-wallet in India Amazon India has received RBI approval to launch its own digital wallet, paving the way for the online retailer to gain a slice of India’s fast-growing digital payments business Tighter capital norms to spawn consolidation among ARCs The Reserve Bank last week increased the net-owned funds for asset reconstruction companies (ARCs) to Rs 100 crore from a meagre Rs 2 crore. Religare sells stake in its health insurance business Will the customers of Religare Health Insurance be impacted when Religare Enterprises sells its entire stake in the company? IDBI Federal Life to experiment PoS-based distribution IRDA does not allow insurance companies to sell complex products like unit-linked insurance plans and deferred annuity plans through this channel. Why India is creating an oil and gas behemoth The government owns majority stakes in eight listed oil and gas firms. Combining some or all would create a bigger corporation with clout to negotiate better deals on crude oil purchases Vedanta Cairn merger: Vedanta completes Cairn India merger Vedanta and Cairn India were up 3% and 2%, respectively, against 0.56% fall in Sensex at 11:06 am FabFurnish brand to cease as Future Group consolidates segment The move comes at a time when other online furniture sellers such as Pepperfry and Urban Ladder are also reeling under pressure of high cash burn and slowing sales. Xiaomi, Motorola shift focus to neighbourhood stores in India At present, online sellers sell from low VAT markets like Bengaluru and Hyderabad where VAT on smartphones is 5% while it is much higher in most other markets. Guess which New York-based label just opened a store in Delhi? Chief creative officer of Kate Spade New York, Deborah Lloyd picks out her favourite pieces from the label's latest collection India's retail inflation edges up to 3.81 per cent in March Economists polled by Reuters had expected last month's annual retail inflation to come in at 3.98 percent, compared with 3.65 percent in February. Bigbasket eyes Rs 500 crore revenue from HoReCa segment The company would be investing Rs 50 crore over next 12 months as it expands the business nationally, the company said. 'There's no scientific evidence that mobile towers cause radiation' The Supreme Court’s directive to shut down a BSNL mobile phone tower in Gwalior based on a cancer patient’s plea that the radiation from the tower was the cause of his health condition, has come as a Tall and unhealthy? DoT must come down heavily on mobile phone towers violating radiation limits India has over a 100 crore mobile phone subscribers and over 12 lakh mobile phone towers. As more subscribers progress to smartphones – using data and internet to do business, get social and participate in... Narendra Modi's ministers get class on GST, Digital India The meeting of the Council of Ministers was called by the PM after passage of legislations related to the GST in the Parliament session that concluded.. The Reliance Jio Effect: Telecom Industry Revenue Falls Bharti Airtel Ltd., India's biggest mobile-phone service provider, has asked the telecom regulator to intervene after the country's newest operator started an offer to lure customers that was similar to a previous program stopped by authorities. Aircel ends incoming calls charges on national roaming The big rivals such as Bharti Airtel, Vodafone India and Idea Cellular are already allowing free incoming calls to their subscribers while on roaming. India's smartphone market is seeing a huge shift but Apple might not see the benefits for at least 2 years Two in three of the over 1,500 Indian mobile users surveyed by Counterpoint, said they plan to upgrade within the next year. This is a shortening of the average 24 to 30-month upgrade cycle, to just under 20 months, the analyst firm concluded. Google Pixel, Pixel XL to Get Wi-Fi Calling on Reliance Jio Networks Google has added support for Wi-Fi calling to the Pixel and Pixel XL on Reliance Jio network Nokia phones are going to be similar to Google Nexus phones Global mobile giant Nokia has not launched its latest phones in India yet, but rumours regarding a flagship device are already doing the rounds. HMD Global, according to new reports might launch the Nokia 9 smartphone in the country in the third quarter which essentially means somewhere around August. Heidrick Struggles Begins CEO Hunt for Mondelez International Mondelez International, known for brands like Oreo cookies, Trident gum and Ritz crackers, has retained Heidrick & Struggles to lead its search for a new chief executive officer. No timetable has been set for the company’s next incoming leader to be named. Longtime CEO and chairman Irene Rosenfeld has come under fire by activist investors Bill Ackman and Nelson Peltz as Carlsberg India launches new beer Tuborg Classic Tuborg Classic is a stronger and smoother beer brewed using imported scotch malts and has been made especially for the Indian palate, says Carlsberg India Sanofi appoints head for consumer healthcare business MUMBAI: Sanofi announced the appointment of Nikhilesh Kalra as general manager of its consumer healthcare (CHC) business in India and South Asia. FSSAI ties up with US firm Decernis Ltd to get access to global standards With this tie up, FSSAI would get access to database of over 70,000 standards for food additives, food standards, food contact and contaminants from over 170 countries. Can India be a super-power of super foods? The superfood concept was created abroad but there's no reason Indian companies shouldn't be running with it argues Future Group's. Flipkart plans more stock options to ring-fence ESOPs To compensate for any drop in worth of stocks given at higher valuation Amazon secures digital wallet licence, to take on Paytm, Flipkart's PhonePe In the next few months it will get into railways, utilities and insurance payments Flipkart-Snapdeal merger talks in final stages; deal likely by May-end: Sources Flipkart's management and Board is largely in favour of the deal. Flipkart and SoftBank prefer a share swap ratio of 1:10 in their favour. SoftBank also looks to hold at least 20 percent in the merged entity. Shopping on office desktops peak during office hours; mobile usage grows: study Flipkart's pitch: Control cash burns, push growth We believe customer experience and innovation are key ingredients to build sustainable businesses. Since past one year, we have made tremendous stride.. Armed with Rs 9000 crore, Flipkart eyeing new businesses to take on Alibaba and Amazon Its plans to turn profitable in specific categories comes at a time when it faces Amazon’s $5-bn war chest in India, as well as looming threat of Al.. Shoppers Stop bets on 'digitally driven' sales Start-up Jhakaas offers tech-based tools to bring SMEs close to customers Jhakaas Technologies runs a mobile app to fulfill day-to-day needs of consumers Micromax Ropes in Anil Kapoor as its New Brand Ambassador Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities -- get all the breaking news, right now. Snapdeal to dole out up to 15% pay hike amid sell-off buzz For senior management, the hike will be 9-12 per cent, but the company may offer 20-25 per cent raise to exceptional performers, they added. Amazon seeks to beat anti-foreign cacophony by politicians and entrepreneurs In a bid to connect with grassroots Indian consumers, Amazon sponsors a Kabaddi league and its latest advertising campaign is centred around a cricket.. 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