Aug 2, 2017 - Snapdeal terminates merger talks: Why it could be a blessing in disguise for Flipkart

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Sree Vijaykumar From the Editor's Desk If you run a business, chances are that GST has affected you, positively or negatively! The full impact of GST will take some time to play out, as companies evaluate the impact on their supply chains and as consumers and competition react to the price transmissions. Real Estate is a beneficiary as 16 indirect taxes have been subsumed in a single GST at 12%. FMCG should also benefit as logistics cost reductions will play a big role. For a comprehensive analysis on GST's impact on various sectors, subscribe to our brand new print edition - TradeBriefs SME. Introducing TradeBriefs SME - Print edition - Subscribe Now! | Sample copy Advertisers of the day On behalf of SAP India: Get GST-Ready in just a few weeks shivkhera: Optimize Performance and Move Up to the Next Level : Programs by Mr. Shiv Khera   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). Snapdeal terminates merger talks: Why it could be a blessing in disguise for Flipkart E-commerce firm Snapdeal has terminated talks for a takeover by larger rival Flipkart, saying it will “pursue an independent path” to continue its operations. 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. Our book size will be Rs 10,000 crore in 5 years: Govind Singh, Utkarsh Small Finance Bank Our current cost of funds is more than 12%. It used to be in the 13.5% to 14% range a year ago. Power sector will continue to trouble private banks Private sector lender, Axis Bank sees power sector stress from outside the watch list as a threat. Apple keeps investors waiting and waiting and waiting Apple watchers say growth is relatively mundane now because people are holding off on iPhone purchases until they can buy the new magical models Manufacturing PMI at eight-and-a-half year low, but optimism at 11-month high The July Manufacturing PMI also shows muted inflationary pressures, which should help the Reserve Bank of India to cut its policy rate today Reliance Nippon hires Nomura, JM Financial, CLSA to manage IPO Reliance Nippon said to have hired Nomura Financial Advisory and Securities, JM Financial Institutional Securities Ltd and CLSA India to manage its share sale How the bankruptcy code can be abused by unscrupulous elements Frivolous cases under bankruptcy code have raised fears that yet another well meaning law could be abused by unscrupulous elements. Indorama in talks to buy Tata Chemicals’ Haldia unit Indorama may pay more than Rs1,000 crore for Tata Chemicals’ Haldia fertilizer unit in a deal that would mark the Tata group’s exit from the fertilizer business Nirmal raises Rs570 crore debt from L T Finance Nirmal will use the L&T Finance debt to repay Rs400 cr to Kotak Realty Fund and move forward with the project with the help of L&T Realty’s investment of Rs200 crore SSG Capital plans investment vehicle to acquire distressed assets in India Move comes as SSG Capital has been preparing to create a large war chest for investing in the bad loan opportunity in India and other Asian countries Clix Capital may buy Religare stake in housing finance firm Religare Enterprises, which owns an 87.5 per cent stake in the housing finance firm, is divesting its ownership in various companies to tide over a cash crunch. India's complicated infrastructure story The boom in the sector over the last decade led to mistakes of excess and reckless optimism that have come home to roost Is India like East Asia or Latin America? Does India resemble East Asia or Latin America? Is it a paragon of sensible policy or is it prone to macroeconomic adventures? Axis Bank raises $500 million at a finer price The dollar-denominated bonds yielded 3.11% as it added a spread or mark-up of 130 basis points over and above the five-year US Treasury yields. Govt may let a privatised Air India retain national carrier status: Arun Jaitley Arun Jaitley says govt is mulling to retain the national carrier status of Air India as the move is likely to increase the valuation of the airline while signing bilateral flying contracts Sebi approves Dhirendra Swarup’s appointment as BSE chairman Dhiirendra Swarup Swarup, who was a public interest director at the BSE, replaces incumbent Sudhakar Rao General insurers need Rs 37,000 crore capital to grow at 20% in next 5 years As per existing regulations, insurers can go in for Tier-II bonds up to 50 per cent of their networth. National Insurance is the only state-owned player which has availed of this facility so far. Axis Bank's acquisition of FreeCharge's is proof that Indian banking is changing in the fintech era The deal could set off more such transactions in the future, experts believe. Indian banks will need Rs1.9 trillion capital by March 2019: S P SoftBank fund said to be in talks to invest $2 billion in Flipkart SoftBank Vision Fund is reportedly in talks to invest directly in Flipkart after a deal to merge SoftBank-backed Snapdeal with the Indian e-commerce firm fell apart SBI move may ignite a rate war among PSU, private banks Most leading banks have posted declines in net interest margins over the last one year. Why textile and retail stocks are gearing up for a good second half GST regularisation and festive season sales pick-up will lead to a marked and appreciable recovery in India's consumer discretionary space in the second half of FY18 as opposed to a comparatively weaker first half. RBI seen cutting rates to over 6-1/2 year low, faces pressure to do more Hindustan Times Hindustan TimesMumbai. The Reserve Bank of India (RBI) seal is pictured on a gate outside the RBI headquarters in Mumbai. With retail inflation easing to a five-year low, expectations of RBI cutting rates is high.(REUTERS). The Reserve Bank of India will likely cut ... articles » Delhi Government Orders Daily Inspections To Check Hoarding Of Tomatoes, Onions As prices of tomatoes and onions skyrocketed in the national capital, the Delhi government has ordered daily inspections to check hoarding in wholesale markets. Apple requests Indian government for tax breaks for its suppliers: Report This might require a new policy that could benefit all device makers. - Apple shares sail to record high on healthy iPhone sales Apple spent nearly $3 billion on research and development in the third quarter of 2017, a $377 million year-over-year increase that brings the company's six-month outlay on future projects to more than $5.7 billion. These 5 Retailers May Not Survive 2017 Some chains won't make it through the end of the year. Image source: Getty Images. Reliance JioPhone ripple effect: More companies plan 4G feature phone by December RIL Chairman and MD Mukesh Ambani recently launched JioPhone, a 4G feature phone at a one-time fully refundable deposit of Rs 1,500 per unit. Telecom price war started by Jio in final stages: S P India’s telecoms sector will see consolidation with the top-three telcos -- Idea-Vodafone combine, Bharti Airtel and Reliance Jio Infocomm -- eventu.. 5G launch in India is 4 to 5 years away due to high capex, debt and dearth of fibre backhaul: EY Pressure on revenue and profitability, coupled with lack of clear business case may delay 5G launch in India Jio Phone Exposes the Net Neutrality Fallacy Net Neutrality has been a contentious issue for a while now. The Net Neutrality debate started earnestly in the US ever since Verizon started slowing down India slower in covering smart, feature phone gap: Study India is making slow progress on covering the gap between "smart" and "feature" phones, according to a study Telecom layoffs: Field Engineer marketplace to end Indian engineers' woes, to help them find work Field Engineer, a global on-demand service for telecom companies, may prove to be saviour for engineers in India that may lose jobs due to the intense.. Consumer firms bleed in first quarter on June hit Consumer firms bleed in first quarter on June hit - Domestic volume degrowth of 9% was accompanied by operating margin decline of 215 basis points to 19.2% during the first quarter Not interested in taking up McD's franchises in other countries: Amit Jatia 'We have delivered positive same-store sales growth for the past eight quarters', he added Basmati rice, guargum drive India's April-June agri exports Buffalo meat shipments stay flat ITC Foods launches biscuit 'enriched' with native Indian cow milk The Sunfeast NaatMaad Paal "biscuits are enriched with native Indian cow milk and fortified with the goodness of eight essential vitamins, iron and calcium." Coca Cola: Dinesh Jadhav named Executive Director of Hindustan New Delhi, Aug 1 (PTI) Hindustan Coca-Cola Beverages Ltd, the bottling arm of Coca-Cola in India, today said it has elevated Dinesh Jadhav as its Executive Director and Head of Supply Chain. Indian FMCG firms outpace MNCs in growth, revenue: Assocham-TechSci Report Domestic fast moving consumer goods (FMCG) companies have performed significantly well vis-a-vis the multinational companies (MNCs) in India during 2015-16, a research report said on Monday. “The combined overall revenue of selected eight MNCs during the FY 16 registered a total of $9,436.66 million, whereas the combined revenue of selected seven Indian FMCG is $11,066.46 … Making RoohAfza cool again: How to sell a traditional favourite to Indian hipsters Can the Unani-based drink woo the country's millennials? GCPL reports Q1 net profit of Rs225 crore Consumer packaged goods firm Godrej Consumer Products Ltd reported a consolidated June quarter net profit of Rs225.17 crore, against Rs 246.65 crore a year ago 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