Sep 4, 2017 - Total flow of funds to firms contracts, bank borrowings fall off the map in June quarter

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Sree Vijaykumar From the Editor's Desk The Linen Club brand presently enjoys the largest market share in the segment and is probably the most popular linen brand in India. As the oldest fibre known to mankind, in the ancient Egypt, Linen had risen in popularity to being the fabric of royals. The great pharaohs and princesses draped in artistically designed and intricately woven linen enjoyed its warmth during long cold winters and cherished its coolness during hot summers. Centuries later and miles apart, the fabric has caught the imagination of several Indian designers who are not shying away from extensively incorporating it in their international collections. 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). Total flow of funds to firms contracts, bank borrowings fall off the map in June quarter Banking sector loans showed a drop of a massive Rs1.9 trillion during the three months ended 30 June 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. Is the bump-up in commercial vehicle sales here to stay? The pullback in commercial vehicle sales last month was a positive surprise, but does it signal a turnaround in demand? Demonetisation: A cup half-empty or half-full? For most of India, demonetisation represented a giant detox moment, but the jury is still out on whether it can more than just maim the idea of corruption Do you need that festive deal on loans? Even with so many loan offers, you can still bargain with the bank. Also, regardless of discounts, avoid impulse shopping and don’t buy what you don’t need Sebi weighs barring auditors if audit fails to give a true picture The proposal from Sebi’s panel on corporate governance comes after some listed banks reported bad loans that diverged widely from RBI’s assessment Baring PE Asia eyes stake in Symbiotec Pharmalab The stake sale deal with Baring PE Asia may value Symbiotec Pharmalab at $300-350 million, with majority investor Actis standing to make $210-245 million ICICI Prudential AMC plans $400 million platform for realty investment ICICI Prudential AMC will use the real estate investment platform to invest equity and debt instruments in residential projects Hindalco earmarks $3 billion for overseas acquisitions Hindalco Industries will use the funds to buy aluminium assets with eye on increasing focus on downstream sector Mahindra Finance plans to raise up to Rs2,000 crore Mahindra Finance is exploring various routes for the fundraising, including a qualified institutional placement (QIP) Essel Finance acquires Bimadirect operator for Rs 25-30 crore The transaction is being carried out in two tranches: it comprises an upfront payment of 75% of deal value and the rest in milestone payments over two years. State Bank of India planning $3 bn green bonds CBI is in the process of appointing investment bankers who will help raise cash for the dedicated fund in a few instalments over one or two quarters. Raghuram Rajan says it’s a mistake to treat RBI governor as just another bureaucrat Raghuram Rajan, in his new book ‘I Do What I Do’, bats for autonomy for the Reserve Bank of India and called for more clarity on the rank of the RBI governor PSBs told to approach alternative mechanism to fast-track mergers The union finance ministry has written letters to all heads of PSU lenders informing them the government’s decision to set up a ministerial panel to facilitate consolidation in the public banking space. A formal communication to CEOs of the banks from the Department of Financial Services last week has set in motion the consolidation process, a senior finance ministry official said. India's economic growth will bounce back, says BRICS Bank chairman K V Kamath BRICS New Development Bank chairman K.V. Kamath said that the slowdown in the Indian economy is only a transitionary phase and it will bounce back due to the successful implementation of the structural reforms that includes the positive impact of GST followed by demonetisation. Birlas enter top league with $50-billion m-cap; Tatas still on top The combined market valuation of the Kumar Mangalam Birla-led listed companies stood at Rs 3,42,354.87 crore ($53.5 billion) at the end of Friday's trade. NCDs offer better returns than bank FDs, but are they ideal for you? NCDs have a maturity date or tenor ranging from 90 days - 20 years and a fixed rate of interest. It may take ATMs three months to dispense Rs 200 notes Some banks have even asked the ATM companies to begin testing the new note for recalibration of the machines, though they have not got supplies of the new currency. Online retailers beware! For consumers there is great disappointment on this particular parameter With pro-digital government policies, demonetisation-triggered e-wallet usage and reduced data costs, online commerce is making rapid strides. Zudio debuts in Hyderabad Retail chain Trent Ltd., a Tata group company, has opened its second exclusive brand s Coca-Cola sees India among top three markets: James Quincey Coca-Cola sees India among top three markets: James Quincey - Interview with Coca-Cola president and chief executive officer FMCG companies to boost promotion spends by 15-20% in September Analysts said GST led to FMCG ad spends shrinking 20-25% in July. FMCG continues to be the highest spender for advertising companies. Hindus upset as Unilever cannot guarantee whether some of its products contain beef Upset Hindus are seeking official apology from Dutch-British transnational consumer goods company Unilever’s CEO Paul Polman for non-disclosure of beef in some of its products; and immediate recall of all such food items. Aahaa Stores raises USD 1 mn in second round of Pre-series A funding from Investor Group led by YourNest The company had raised first round funding of equal amount around eighteen months ago. Karnataka government approves IKEA's Rs 810 crore project in Bengaluru The IKEA store is likely to be built on around five lakh square feet land and is expected to clock at least half-a-crore visitors every year. How E-Commerce Giants Like Amazon, Flipkart Help Expand Offline Stores' Business In New Towns Online shopping giants are directly leading to the expansion of brick and mortar stores in small Indian towns Bengalureans lured by throwaway prices, duped of Rs 10 lakh on OLX and Quikr Claiming there is huge de mand for the product, scamsters coax buyers over phone to pay in advance. Unsuspecting victims transfer some money (online) .. ASICS steps up India expansion, eyes over 20 stores by 2018 Japanese performance sportswear firm ASICS is stepping up expansion in India with plans to add over 20 mono-brand stores by next year. DIPP clarifies 25% restriction on sales by e-commerce players E-commerce players like Flipkart and Amazon will not be allowed to market more than 25 per cent of its annual sales coming from one vendor, the govern.. E-commerce cos face tax heat as I-T dept says discounts should be treated as capital spend Experts say the department’s stand could open a Pandora’s Box for several startups and ecommerce cos as it dictates how entrepreneurs must conduct.. 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