Sep 22, 2017 - Foreigners, it seems, are more optimistic about India than Indians themselves: Jamie Dimon, JP Morgan Chase

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Sree Vijaykumar From the Editor's Desk For the 400 million "illiterate" citizens in India, TV has emerged as an educational tool. And for India, like many of the world's developing nations, literacy is crucial to fuelling economic success. There's little opportunity of reinforcing reading skills outside school. So to make functional readers out of the struggling ones, PlanetRead came up with a simple idea of adding "same language subtitling" (SLS) to film songs for the country's movie-hungry population. The subtitling is karaoke-style: words are highlighted as lyrics scroll by. Viewers read in the same language that they hear. (Ten of India's regional languages are available.) As most Indian film tracks have repetitive lyrics, audiences get a chance to practise reading the same words again and again. "The reading engagement takes place, not because the TV viewer is consciously trying to read along the songs, but because the brain automatically registers consistent associations between sound and text," says Brij Kothari, founder of PlanetRead. 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). Foreigners, it seems, are more optimistic about India than Indians themselves: Jamie Dimon, JP Morgan Chase I don't respond to quarterly numbers ...India is growing faster than any other country. 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. Indian economy in a tailspin: What went wrong The Paris-based group of 35 advanced and emerging countries cut its forecast for Indias growth to 7.2% in FY19 from 7.7% estimated earlier. Rural inflation much higher than urban in the last three years With farm incomes being under pressure after two years of bad monsoon, rise in rural prices could explain sluggishness in rural demand, and relative robustness of urban demand Inside SoftBank's India investment strategy SoftBank CEO Masayoshi Son has been writing bigger cheques than in the past to consolidate its hold over the Indian market. MintAsia examines the investor’s India strategy NBFC Shiksha Finance raises funds from Dell Foundation Shiksha Finance, which provides school and student loans, has raised $2.5 million through a mix of debt and equity from Michael & Susan Dell Foundation Indiabulls Ventures planning QIP or rights issue to raise up to Rs3,000 crore Indiabulls Ventures says the funds are being raised keeping in view the proposed expansion plans into lending and asset reconstruction businesses Jiggs Kalra’s Massive Restaurants in talks with Gaja Capital to raise Rs80-100 crore Massive Restaurants, promoted by Jiggs Kalra and his son Zorawar, will use the funding to expand in more Indian cities, Middle East and Europe Investors interested in e-commerce start-ups, but can't find the right bet So far in 2017, no new e-commerce start-ups have received investments Tata Sons' shareholders vote to become a private company The company also discussed giving voting rights to preferential shareholders at the meeting. Modi government's planned booster doze for economy puts policymakers in two minds The costs of fiscal relaxation outweigh benefits in terms of risks to macroeconomic balances that were achieved with much effort, feel top govt officials. How businesses should use crowdvoting Crowdvoting allows companies to ask self-selected website visitors to vote on which prospective new products they would buy The need for reforms in healthcare finance India’s long-term strategy for health financing seems to be health insurance. This is a perilous path. Bank loans for builders’ under-construction projects decline in last 4 years: report Investments from private equity funds and NBFCs into real estate developers’ under-construction projects rose in the last four years, a KPMG report said ItzCash parent Ebix to acquire Paul Merchants The Paul Merchants buyout deal, valued at $40.7 million, is the third acquisition by Ebix in the remittance space in the past two months Sebi chief Ajay Tyagi pitches for multiple products, fund raising avenues Sebi says developing currency-bond-derivatives links by creating suitable conditions and right enabling infrastructure could attract investors to the markets Aditya Birla Group to Shut ecommerce site Abof.com Abof — short for Aditya Birla Online Fashion — held a 20-minute townhall meeting and informed its employees that December 31 would be the last day of its operations. E-furniture firms assemble their omni-channel presence before IKEA's entry Backed by big ticket investors, Pepperfry and Urban Ladder experiment with new formats Prataap Snacks IPO opens today, steep valuation worries analysts Prataap Snacks IPO, which will see a fresh issue of Rs200 crore, aims to raise Rs482 crore through the share sale Baba Ramdev's Patanjali Ayurved hires investment banks to raise Rs1,000 crore Baba Ramdev’s Patanjali Ayurved has asked the investment banks to approach both foreign and domestic investors for the Rs1,000 crore funding Mars hails basmati milestone in pursuit of sustainable rice supply Yesterday Sir Henry Bellingham MP visited Mars Food UK’s site at Lynn in celebration of National Rice Week – and viewed its new production line that will help to meet the demand for Uncle Ben’s® Ready to Heat rice across the UK market. Dabur, Amazon set up ayurveda marketplace Dabur will take the lead on the content, while rival ayurveda brands listed with Amazon will be part of the marketplace. Consumer goods firms expect rebound in rural demand to buoy Q3 sales Consumer goods firms are expecting rural demand to be driven by staples rather than discretionary items like biscuits, while the opposite is likely to be true for urban demand McDonald's row: NCLAT to study LCIA award before further action While listing the matter on October 25, the appellate tribunal after hearing both the parties said it will go through the arbitration award by LCIA before proceeding on the matter. Patanjali Products Now Used By Half Of India's Urban Households Consumer demand for food was in double digit in July ITC vision 2030: FMCG giant sets target of Rs 65000 cr revenue from packaged foods biz ITC will have to grow at a compounded growth rate of 17.49 percent annually in foods business to achieve the set target of Rs 1,00,000 crore by 2030. Daniel Beedle: Beverage scene in India is still in infancy: ETRetail.com Indians have embraced whiskey, rum and brewpubs, but the alcoholic beverages scene in the country is still in its infancy, says wine expert Daniel Bee.. Coca-Cola banks on local products to boost double-digit growth It's also experimenting with a profitable model of low-volume locally made beverages. 'E-comm cos may see cash burn up to $400mn in festive sales' The cash burn for the e-tailing industry, which has deep-pocketed investors like SoftBank and Alibaba backing players, is forecast to reach up to USD .. ShopClues bets big on fashion, to launch more exclusive labels The company, which competes with the likes of Amazon and Flipkart, also plans to bring more "exclusive" labels on its platform to woo customers in tie.. E-comm cos see big boom in smartphone sales in festive season Flipkart, which kicked off its 'The Big Billion Days' (TBBD) sale yesterday, said it has sold 1.3 million smartphones within the first 20 hours of the.. Ecommerce biggies Flipkart and Amazon engage in exclusive deal tussle TCL said, Flipkart did this earlier also when the latter listed OnePlus 3 smartphone on its platform where it did not have such partnership with the brand. Flipkart, Amazon, Paytm sales: Do e-tailers mislead customers with discount, deceptive ads? The E-Commerce festive sale war between etail giants Flipkart, Amazon and Paytm has drawn a tepid response on social media with many customers posting screen grabs of their bad experience on the first day of the four-day discount offers. Shoppers Stop enters commercial arrangement with Amazon India Shoppers Stop, in a BSE filing, said there is no separate monetary consideration other than the mutual covenants and agreements of the parties. Kishore Biyani: Indias offline retail king is having the last laugh in the battle with online sellers As Kishore Biyani faces up to nimbler and deep-pocketed online rivals like Amazon, the Future Group cannot ignore an omnichannel approach. 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