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Thursday, April 13, 2017

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

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Sree Vijaykumar
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

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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

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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

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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

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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

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Bigbasket eyes Rs 500 crore revenue from HoReCa segment

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'There's no scientific evidence that mobile towers cause radiation'

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Narendra Modi's ministers get class on GST, Digital India

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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

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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

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Sanofi appoints head for consumer healthcare business

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FSSAI ties up with US firm Decernis Ltd to get access to global standards

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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.

Flipkart's pitch: Control cash burns, push growth

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Armed with Rs 9000 crore, Flipkart eyeing new businesses to take on Alibaba and Amazon

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Start-up Jhakaas offers tech-based tools to bring SMEs close to customers

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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..

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