May 16, 2017 - HUL earnings tomorrow: Markets look for signs of post-demonetisation recovery

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Sree Vijaykumar From the Editor's Desk The world's unicorns, VC-backed startups worth more than $1 billion, have been getting a lot of press. At the moment, Google News lists about 16 million results for Uber and 7 million results for Snapchat. By contrast, there are fewer than 3.5 million stories about Walmart, 2.6 million about General Motors, and fewer than 700,000 focused on Exxon. Unicorns are to business journalists what Kim Kardashian is to Instagram users. As of November 2016, the market value of the world's 179 unicorns was estimated to be $646 billion. U.S.-based unicorns accounted for 56% of the total, with a combined market value of $353 billion. While that's a big number, it's less than 2% of the market value of the companies that make up the S&P 500 ($19.9 trillion). By this barometer, the unicorns are mostly irrelevant. More here Advertisers of the day TradeBriefs: World of Hyatt - A new loyalty program for you Shriram Properties: Shriram Properties presents premium apartments in the heart of Ecity Phase 1- Shriram Summitt  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). HUL earnings tomorrow: Markets look for signs of post-demonetisation recovery Analysts tracking HUL expect both volumes and revenue to grow as consumer spending has normalised after the demonetisation impact 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. Uber overtakes Ola in number of app downloads for March: Report A KalaGato report shows Uber has inched ahead of Ola in app downloads for March in 7 biggest cities, indicating that Uber is gaining ground quickly in India Can Practo take the next big leap forward? Practo will have to step up its efforts to ensure large-scale acceptance of digital healthcare to secure strong growth and boost investors’ interest in the company Indian banks and ATMs had a narrow escape from WannaCry Meanwhile, many ATMs may remain closed for software updates as they are seen as being vulnerable since almost all of them are run on Windows software. Also, over 60 percent of the total 2.25 lakh ATMs in the country operate on the outdated Windows XP. CEO hiring bucks grim recruitment trend in India Such salaries are rare in India, stocks and long-term incentives, but experts said these appointments point to the increasing demand for senior executives. Nirmal Kotecha used 15 fronts to manipulate share prices of Pyramid Saimira Theatre: Sebi Pyramid Saimira Theatre founder Nirmal Kotecha and his friend Dharmesh Shah made unfair windfall gains by manipulating the share prices, says Sebi New tax accounting standards may reduce leeway for infrastructure companies New tax accounting standards for infrastructure companies will reduce discretion these firms use in deciding how and when they recognize revenue from projects In a first, Reserve Bank of India to have CFO soon The CFO will formulate the accounting policy of the bank, maintain the internal accounts and report financial results, and carry out corporate strategy functions. PE firm WL Ross in talks with China's Shandong Ruyi to sell OCM India stake Talks between WL Ross and Shandong Ruyi for the OCM India stake are at term-sheet stage; deal likely to be finalized in the coming weeks if they prove to be conclusive EPFO looks to invest Rs18,000 crore in stocks EPFO’s decision to further stock market investments is likely to spur the ongoing bull rally, even as some analysts advice caution Banks reinforce cyber defences after global attack CYBER-BANKS/:Banks reinforce cyber defences after global attack RBI not to cut rates in next monetary policy despite fall in retail inflation: economists RBI is likely to adopt a cautious stance because of concerns that inflation may quicken on rise in oil prices and implementation of the 6th Pay Panel recommendation, say economists Government to oppose RBI's proposal of new cash tool The RBI has recommended Standing Deposit Facility as the tool will allow it to mop up extra funds without having to provide lenders any collateral in exchange. Sebi fines 8 entities for disclosure lapses in IPO documents Sebi has penalised Rushil Decor, Corporate Strategic Allianz and six others for disclosure lapses in their IPO documents Post-GE exit, SBI may merge two credit card joint ventures SBI Card is a joint venture between SBI and GE Capital, wherein SBI owns 60 per cent and the balance is being held by GE Capital. IFC to invest $125 million in Mahindra Group companies "Providing asset finance to agro related small & micro business will enable them expand their operations and create more employment opportunities," IFC said. How to get a better home loan rate Our experts tell you how to take advantage of the reduced home loan interest rates A lot of interest in US in opportunities in India: Ashok Lavasa, Finance Secretary While the benefits of GST will start flowing from year one, full realisation should happen from next year Price-to-truth ratio shows India's banks turning Chinese ICICI and HDFC's decision comes close on the heels of the State Bank of India and LIC Housing Finance FDI rules in food retail may be changed to allow sale of some FMCG products Hindustan Times After approving 100% foreign direct investment (FDI) in food processing, the Centre is preparing to further relax rules to allow foreign retailers and e-commerce companies to sell consumer products made in India. Union minister of food processing ...articles  'Amazon India is the most downloaded E-Retail app' A day after the conclusion of its four day 'Great Indian Sale' -- e-retailer Amazon has said that it doesn't believe that its biggest rival Flipkart had outsold Amazon in the October Sale. In a conversation with CNBC-TV18's Priya Seth, Amazon India’s Manish Tiwari cited data like app downloads and number of unique customers to assert that the firm's growth has been phenomenal in the last four years. Here's an excerpt of that conversation. Star Bazaar to open 25-plus outlets in 2017; eyes 200 by 2020 Star Bazaar today revamped its loyalty programme and partnered with SBI Card and Tata Capital to offer more rewards on the shopping experience at its stores. Prime members drove Amazon's Great Indian Sale; customer acquisition grew 235% in Tier 2 & 3 cities Prime members get unlimited free expedited shipping, early and exclusive access to deals, and unlimited video streaming for an annual promotion fee of Rs 499. Startups may not offer online credit on midnight purchases Chances are that your loan just might be rejected because its midnight. Queer it may sound, but this is done to keep a check on the fraudsters who prefer odd hours to make purchases online. Latest News Samsung Z4 smartphone with Tizen OS launched in India The device is powered by a 1.5GHz quad-core processor with 1GB RAM, and sports 5MP cameras on the front and back Cyber security experts worked round the clock to protect India from the 'biggest ransomware' attack India is among the most vulnerable because a large number of organisations and individuals still rely on older, outdated versions of the Windows opera.. Microsoft on Wanna Cry ransomware: Govts should treat cyber attack as 'wake-up call', NSA partly to blame Microsoft President Brad Smith said governments of the world should treat the Wanna Cry ransomware attack as a wake-up call and criticised the hoarding of software vulnerabilities by intelligence agencies like the NSA. How desi chips brands nibbling away at marketshares of swanky MNCs With little or no advertising, a whole host of local chips/wafers brands are quietly eating into the market share of their swankier multinational counterparts. Burger King Is Trying to Expand Its Beer Sales This New York City Burger King location wants to serve beer with its burgers. Farmer, consumer interests high on agenda, asserts Paswan The government has created a buffer stock of 20 lakh tonnes of pulses and now it is grappling with the problem of distributing them, Food and Consumer Affairs Minister Ram Vilas Paswan said today. Colgate-Palmolive India posts Q4 net profit at Rs 142.58 crore FMCG major Colgate-Palmolive India today reported a marginal decline in net profit at Rs 142.58 crore for the fourth quarter ended March 31, 2017. The company had posted a net profit of Rs 143.27 crore during the same period last year. Desi FMCG firms plan big sales push | Latest News Updates at The Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which markets the Amul brand of milk and dairy products, is expecting 20 per cent sales growth in 2017-18, a company official said here on Saturday. According to the official, the firm also had plans to invest Rs 2,500 crore over the next three years to build Aloe vera rides the wellness wave to transform into health juice Aloe vera juices are fast turning into an in-demand category in the juice market as Indian consumers seek healthier alternatives to packaged fruit juices We aim to make Modern Food a long-lasting brand: Everstone MD Everstone Capital MD Roshini Bakshi says the true potential of Modern Food couldn’t be realized earlier because it could not be integrated with Hindustan Unilever Bleak future ahead for sacked IT employees: Experts Since the situation may get more acute, professionals may be forced to switch industries and look for jobs in emerging sectors such as fintech or ecommerce. Snapdeal-Flipkart merger: Sellers cite unpaid dues, ask Modi govt to halt the deal The association claimed that over 500 sellers have unsettled dues with Snapdeal, and would lose out if the deal is allowed to go ahead. Treebo appoints ex-Flipkart executive Maulik Shukla as VP Engineering Treebo stated in his new role, Shukla will work closely with Kadam Jeet Jain, co-founder of Treebo to further build the technology infrastructure and develop technology solutions to improve guest experience across Treebo's over 250 properties. Empowering rural women in Assam through mobile internet Guwahati, May 15 (IANS) Sarala Baishya, now in her late 50s, had always been dependent on her husband or sons and daughters for any kind of information. - Snapdeal Employees May Get A $30 Mn Bonanza If The Flipkart Deal Goes Through According to sources, if the deal goes through, the founders will give half of their payout (USD 30 million) for the proposed scheme which would cover all current employees of Snapdeal. Amazon, Flipkart not alone, even offline retailers are offering huge discounts Hardly a day has gone by when one or the other brand was not on sale since the noteswap exercise announced in November, retail experts said. Wal-Mart pushing hard to catch Amazon in e-commerce The company, founded in 1962 by Sam Walton, has been gobbling up smaller and niche players in e-commerce in an effort to reach online shopping market leader Amazon. Amazon India partners FIEO to train sellers on e-commerce FIEO is the country's apex body of export promotion. 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