Sep 12, 2017 - Gold eases as risk appetite grows, equities strengthen

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Sree Vijaykumar From the Editor's Desk WhatsApp is preparing to finally monetize, and its first move follows the same strategy as Facebook Messenger. TechCrunch has discovered code in Facebook's ad manager that lets businesses buy ads with the call to action "Send WhatsApp Message." We reached out for comment and a WhatsApp spokesperson told TechCrunch "We're testing a new way for people to start a chat with a business in WhatsApp from a Facebook ad. This makes it easier for people to connect with businesses that they care about on WhatsApp." They clarified that for now, WhatsApp isn't selling ads on its own app, but testing a WhatsApp chat button on Facebook ads that directly opens a conversation with a business in WhatsApp. More here.. Introducing TradeBriefs SME - Print edition - Subscribe Now! | Sample copy Advertisers of the day Standard Chartered Bank (Personal Loans): Your dream holiday is now closer than ever On behalf of SAP India: Identify the perfect SAP solution for your business in 3 easy steps 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). Gold eases as risk appetite grows, equities strengthen US gold futures for December delivery were down 0.4 per cent at $1,330.00 an ounce. 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. ICICI Lombard IPO offers slice of nascent market at hefty premium ICICI Lombard IPO will see a fresh issue of shares at a price band of Rs651-661 apiece to raise a maximum of Rs5,700 crore Nuclear deal between India and Japan opens up new vistas of cooperation The journey traversed by the two nations over the past six years reflects growing confidence in each other and depth of the strategic partnership. Did liberalization lead to lower income growth for the poor? A recent paper by Thomas Piketty and Lucas Chancel titled ‘Indian income inequality, 1922-2014: From British Raj to Billionaire Raj?’ points to widening income inequality in India post liberalization IndusInd, Bharat Fin kick off merger talks IndusInd Bank, Bharat Financial start off merger talks The tumultuous journey of Bharat Financial Inclusion Bharat Financial Inclusion, formerly SKS Microfinance and India’s first listed microfinance firm, faces a potential merger with IndusInd Bank, which some experts say is the only way for its survival Govt mulls Rs10 trillion public financing for infrastructure projects Transport minister Nitin Gadkari says the government plans to raise the money in tranches of Rs10,000 crore by selling 10-year bonds at a coupon of 7.25-7.75% Morgan Stanley to make first close of $400-500 million next month ​​Morgan Stanley is planning to raise $1-billion India-dedicated infrastructure fund which will help India upgrade its creaking infrastructure. Religare gets shareholders' nod to invest 500 crore in arm In the postal ballot notice issued in July, Religare Enterprises had said that it proposes to make further capital investment of up to 500 crore in Religare Capital Markets (RCML). India may rise on ease of business index A senior official told ET that the World Bank had shared its feedback, stating that it had accepted many of the reforms claimed by the government. RBI dollar purchases hit three-yr high in forwards The purchases are the highest since June 2014, when inflows began rising after a record fall that had been induced by the taper tantrum. Should exporters worry over the rupee's latest move? The Pound Sterling, the Singapore dollar, and the Euro have advanced against the US currency so far this year, offsetting the impact of the rupees appreciation against the dollar. Accelerator Group announces $25 million fund for India’s women entrepreneurs Accelerator Group’s Achieving Women Entrepreneurs Fund will look to close commitments for $10 million, primarily from US-based limited partners, by March next year, says MD Seema Chaturvedi White Label ATM industry hopes to get support from RBI for next round of growth In its annual report published last week, the Reserve Bank of India (RBI) said that it would comprehensively review the WLA guidelines. Thyssenkrupp says Tata Steel Europe merger deal may come in September Tata Steel says UK unit freed of £15 billion pension fund liability even as Thyssenkrupp spokesperson indicated merger talks have entered the final stretch China may ban bitcoin exchanges China plans to ban trading of bitcoin and other virtual currencies on domestic exchanges, dealing another blow to the $150 billion cryptocurrency market Will 2018 be the year of paperless finance? Hurdles to paperless financial products remain frictions in the offline processes: KYC and collection of wet signatures. What is needed now is regulatory reform How India's failed note ban move taught the world what not to do Modi deserves credit for trying to move its economy into the digital age. Unfortunately, it also exemplified all that can go wrong along the way. Puma India in Revamp Mode The Sports & Lifestyle brand signs on a leading Creative Agency; cautious about expansion, , puma, businessworld, mudra group, adidas Rising food cost may push August retail inflation to 5-month high: Reuters poll But rising price to complicate RBI's policy path as economic growth cooled to a three-year low in Q2 For Myntra, Roadster is its biggest money maker According to Gunjan Soni, head - Jabong and CMO –Myntra, Roadster is on its way to achieving a run rate of Rs. 1000 crore by FY 19 Doubling HUL's growth is a timid target, it can do better Hindustan Unilever should shed a bit of its discipline on capital allocation, turn more aggressive and capture a higher share of the consumer pie Cookie monster: Premium category gets crunchier As consumers look for more variants and quality products, premium biscuits have seen an overhaul over the years to be one’s first choice. ITC looks to accelerate growth in non-cigarette businesses FSSAI launches online platform for food inspection, sampling Directing the states to adopt the new system, the FSSAI said this requires a hand-held device with internet connectivity with FSOs. ITC explores ways to venture into health and wellness market A project at Sehore, Madhya Pradesh, is underway to develop medicinal plants and conduct pilot trials ITC to go in new areas as part of diversification, create new jobs FMCG major ITC us set to continue diversification into new areas with agri business pl ITC bets big on agri business; to sell potatoes, onions and fruits, create 10 million sustainable livelihoods FMCG major ITC will continue diversification into new areas with agri business set to play a key role, as part of its 'India First' strategy under which it aims to create 10 million sustainable livelihoods by 2030, according to company CEO and Executive Director Sanjiv Puri. India could become Unilever's biggest market: Paul Polman HUL contributes about 9%, or 4.5 billion euros, to the Anglo-Dutch company’s overall sales versus the US that accounts for 15%, or about 7.5 billion.. Flipkarts Big Billion Days sale to start 20 September, run till 24th Flipkart’s Big Billion Days sale is expected to woo new customers with deep discounts, no-cost EMIs and other new offers such as debit card EMIs India could become Unilever's biggest market: Paul Polman HUL contributes about 9%, or 4.5 billion euros, to the Anglo-Dutch companys overall sales versus the US that accounts for 15%, or about 7.5 billion euros. Government think tank red-flags ecommerce entry in trade talks Although India does not have a policy mandating localisation of servers, CWS said giving up that right may be detrimental to Make in India and Smart Cities programmes. Flipkart eyes 'anti-theft' shipments Flipkart said it has built an innovative ‘anti-theft packaging’ solution to deliver the parcels securely to customers across the country. The India’s top homegrown e-commerce firm said their unique pa Matrimony.com IPO may be good match for investors: Analysts Brokerage firms have recommended a ‘subscribe’ rating for the Matrimony.com IPO due to its unique business Crackdown on share premiums in unlisted firms wont hurt fair businesses: Income Tax officials The income tax dept’s ongoing crackdown on a method used by some politicians to accept bribes has raised concerns among several start-ups Now, most e-commerce firms quickly resolve consumer woes: Data Data on consumer complaints received by National Consumer Helpline show 17% of grievances are against e-commerce companies followed by 12% against tel.. Sebi wants disclaimer for crowdfunding Sebi directs angel investor networks and start-up funding platforms to issue a disclaimer that crowdfunding platforms are neither bourses nor authorized to solicit investments 'Two Amazons' ready for Flipkart this season, says company's India head The annual battle to claim supremacy over the e-commerce space has begun once again and the top-two giants -- Amazon and Flipkart -- have given a clear indication, through their salvos at each other, that, like always, they will go all out to be ahead in the game. Flipkart Big Billion Day sale: Company promising up to 90% discount on select products Leading Indian e-commerce giant Flipkart has announced the dates for its upcoming Big Billion Days sale. Winning over today's 'Connected' consumer in India As the world of connected consumers grows, brands face a more challenging, complex environment today, according to the Tetra Pak Index 2017. European retailers IKEA, H&M, Decathlon seek exemption from labelling norms in India It is mandatory for MRP to be displayed on every packaged product, along with information about the manufacturer or importer, date of packaging and expiry and other details. Why there could soon be a big change in the India strategy of SoftBank, Alibaba and Tencent E-commerce behemoth Alibaba Group and Tencent are strategic investors of Chinese origin that have set up shop in the country, and are working closely with their portfolio companies. If Flipkart can get us faster to our destination, I'm open: ShopClues' CEO SANJAY SETHI, co-founder and chief executive at ShopClues, the Gurugram-based online marketplace, says he knows where he wants to take his company. In his words, he is ready to either drive it there himself or hitch a ride. Telling Karan Choudhury Amazon India launches largest fulfilment centre in Telangana The fifth fulfilment centre in the state has a storage space of 2.1 million cubic feet taking the total storage space in Telangana to 3.2 million cubi.. 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