Sep 27, 2017 - PTC India: can strong volumes offset profitability concerns?

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Sree Vijaykumar From the Editor's Desk Exactly four years after the country's foreign exchange reserves plummeted to $ 274.8 billion in September 2013 - a week after the rupee touched nadir against the dollar - reserves have now surpassed $400 billion - for the first time in history. The country's foreign exchange reserves were at $ 402.5 billion, as on September 15 - latest data released by the Reserve Bank of India shows. Can FX reserves be the tool most useful to provide a much needed growth stimulus? 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). PTC India: can strong volumes offset profitability concerns? With spot power markets expected to make significant contribution to PTC India’s volumes in the current quarter, pressure on core margins may well continue 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. 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Powering India's economic growth Investment appears to be the largest challenge to growth for Maharashtra, the richest state in the country by GDP Tata group weighs retaining part of telecom business Tata group is said to be evaluating options for Tata Teleservices’s profitable optic fibre unit, but will exit the mobile telephony business Indian renewable sector at crossroads Aggressive bidding and sharp fall in prices have raised concerns if the solar sector will suffer the same fate as thermal power or roads Under investors' pressure, IDFC and Shriram to redraw merger formula The two sides are planning to work on a new formula to salvage the deal that was supposed to bring two non-banking financial companies under one roof. 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How long does an Indian CEO last in the corner office? 30 BSE companies have had 53 CEOs between 2010-11 and 2016-17, and 24 of these quit or were asked to go during this period NMDC plans to sell nearly 49% stake in its Chhattisgarh steel plant NMDC is seeking a partner for its first steel venture, which has been eight years in development, to infuse working capital and provide steel-making expertise Sebi in talks on allowing mutual funds in commodity derivaives trading Apart from mutual funds the Sebi is also considering allowing portfolio management services in commodity markets GST: Small businesses are the real heroes It isn’t simple for a five-man operation running a business in footwear to suddenly register, switch to the GST format and then institutionalize the rigor and computing skills needed to maintain it Is the government seeking fresh ideas on the economy? The Modi government has revived the Economic Advisory Council to the prime minister, formed an expert panel on agriculture, and extended the term of Arvind Subramanian Technology billionaires lose $16 billion as sector stocks sink Technology tycoons lost $15.5 billion from their fortunes on Monday as a sell-off of the sector’s most valuable companies intensified Indiabulls Housing seeks RBI nod to raise Rs 5,000 crore loan The fund raising has been spurred by the government's decision to award infrastructure status to the affordable housing sector in the 2017-18 budget. Ralph Lauren seeks to end counterfeit goods before India foray “This was a big seizure and we seized more than 6,000 pieces of garments and their hoardings were removed,” said S K Bansal, a lawyer representing Ralph Lauren. HUL enters e-commerce business with premium tea and teaware HULs first direct-to-consumer venture will mostly target gifting segment consumers with pricier products under the Brooke Bond Taj Mahal brand. Flipkart acquires mobile and IT products service chain F1 Info Solutions E-commerce marketplace Flipkart has acquired F1 Info Solutions, a mobile and IT repair Are Malls dying in India? Not yet and not soon! Pacific Mall, a part of Pacific India – one of India’s reputed business groups with presence in real estate, hospitality and education sectors – is positioned as a premium, shopping, entertainme Dabur ties up with Amazon to boost global sales About 80 products will be launched in another six-to-eight month We are customer obsessed, not competitor obsessed: Amazon India Both Amazon and Flipkart have been claiming dominance in India's e-commerce market that saw annual festive sales worth USD 1.5 billion, last week. Rural market yet to recover from demonetisation blow: HUL The company showed resilience in performance, reporting 8 per cent and 6 per cent growth in the past two quarters. Unilever plots rebound with products developed in India, Indonesia JAKARTA / MUMBAI -- At a bustling mall in central Jakarta, a new line of lipsticks, eyeshadows, and foundations has emerged alongside well-known brand Demand is even better than pre-GST levels: Sunil Duggal, Dabur India FMCG major Dabur India said GST dented its sales, but was hopeful of a recovery in the next two-quarters. ASCI rejects HUL's objection to Emami fairness ad campaign The complaints, filed by HUL against two fairness brand variants of Emami, had been rejected by the Independent Review Committee (IRC) of ASCI, an Emami spokesman told . Basmati rice to remain costlier this year on lower output estimates Basmati paddy and rice price likely to remain costlier this year due to estimates of lower output following erratic monsoon rainfalls in major growing regions. HC seeks Vikram Bakshi's reply on McDonald's plea to enforce arbitral award Bakshi's lawyers, including senior advocate N K Kaul, said there was no need to extend the 2013 order as it still continues to operate since the LCIA award was a partial one. Flipkart acquires tech hardware repair firm F1 Info Solutions F1 Info Solutions will be a part of Flipkart’s Jeeves, a 3rd party service provider for large and small home appliances and furniture. Walmart India may evaluate entering food retail biz As per FDI policy in India, no global retailer can sell directly to consumers. The wholesale cash-and-carry channel is the only multi-brand retailing .. What's trending online this Diwali other than Flipkart, Amazon Smartphone was found to be the preferred mode for shopping thanks to the improved mobile internet penetration led by 4G revolution. OLX India CEO moving to investment firm Naspers Buying and selling platform for old and used goods, OLX India, has said it's CEO and f After Flipkart, Amazon sales Samsung launches own Anniversary Shop Sale The sale period seemed to have ended after Flipkart, Amazon sales came to an end but if you were looking to buy Samsung products but somehow missed out on all the offers, here’s another one from the company. Amazon India witnesses biggest shopping event ever It’s Prime membership remained highest selling product with over 4x increase; 50x jump in sales of large appliances and TVs during Prime early acces.. Amazon's investment to help Indian retailer add 25% more stores The deal will be Amazon’s first investment in a publicly traded retailer in India. 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