Trending: Apr 23- Apr 30 : A dirty term-sheet or a down-round?

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Sree Vijaykumar From the Editor's Desk Several unicorn founders are facing the tough dilemma of a dirty term sheet vs a down-round. A down-round is when investors reduce the valuation of a company compared to the last fund-raising round. A dirty term sheet is when there are terms like guaranteed IPO returns, ratchets, PIK Dividends, liquidity rights buried in the investment term-sheet. A dirty round is a lot more dangerous than a down-round because of the complexity of possibilities that could 'explode' in the future. Future investors could get spooked by dirty terms and refuse to invest. A high paper valuation on dirty terms could also mislead founders, employees and past investors on what the true worth of their shares are. Entrepreneurs are scared about employee morale when faced with a down-round. However, the alternative - a higher valuation, with dirty terms hidden in the deal might be even more dangerous - Comment Property Listing: Goyal Orchid Whitefield, Bangalore 1/2/3 BHK apartments, starting from Rs 35 Lacs.   Sree Vijaykumar From the Editor's Desk Cafe bars are the grown-up versions of coffee shops. As the youth evolve, they are looking for experiences beyond your typical Cafe Coffee Day. Cafe bars like 'Social' or 'Mockingbird Cafe' fill this niche, with both better food and ambience. They also encourage you to hang out, with free wifi and other goodies. By keeping pricing reasonable, they attract a larger client base. All-day dining and a lounge experience at night keep them occupied longer hours, increasing revenue. While the cafe bar will not be as ubiquitous (higher set-up costs) as coffee shops, India might just be ready to see more of this new format - Comment Sree Vijaykumar From the Editor's Desk It costs a bank Rs 48 to handle a bank premise-based transaction, Rs 18 to handle an ATM transaction and Rs 1 to handle a mobile-based transaction. Banks clearly have an incentive to get people to transact on the mobile phone. Mobile wallet startups like PayTM, given their technology advantage, lack of legacy, and wide network of merchants and consumers, are well positioned to overtake traditional banks when it comes to mobile transactions. RBI's Unified Payment Interface (UPI) promises to make it easier for consumers to use their mobile phone to transact with merchants. Add in the PM's Jan Dhan Yojana and India has an opportunity to get the 200 million plus unbanked into the banking system - through the mobile phone! How quickly we move to a cashless economy will depend on ease of use (still some work to be done here) and marketing and communication that informs and builds trust - Comment Property Listing: Godrej Infinity, Keshav Nagar, Pune Luxury 2/3 BHK apartments, from Rs 38 Lacs - Rs 92 Lacs.   Amazon just created $35 billion in stock market value in under 15 minutes The market likes what it sees. Earnings from e-commerce behemoth Amazon.com pleased investors, sending shares soaring by more than 12% in after-hours trading. The short version? Amazon's cloud-computing business is going strong, raking in $2.57 billion in revenue in the first quarter. https://www.theatlas.com/charts/Hy8LRxeW The bulk of the stock surge happened within the first 15 minutes after... Is a better dollar-rupee rate for small businessmen on cards? The central bank has asked commercial banks to disclose their dollar-rupee conversion rates for various kind of clients. What are the challenges in front of Indian IT?- Business Standard It will have to focus on higher skills to earn more 1,000 stuck housing projects may soon be able to overcome NGT hurdle The issue relates to projects that had commenced or completed works even before obtaining environment clearance from competent authorities Can India get 1 billion online by 2020? Here’s a look at the challenges that need to be addressed to ensure that a billion Indians are connected to the Internet by 2020 Private equity investments tally at nearly $3 billion in Jan-Mar quarter: Grant Thornton Private equity investments tally at nearly $3 billion in Jan-Mar quarter: Grant Thornton - There was a 14% jump in value terms and a 27% growth in terms of the number of transactions. Snapdeal to make it mandatory for logistics partners to integrate with its technology platform Snapdeal is building a plug-and-play online platform to facilitate integration and cut down dependence on manual procedures. Lack of clarity on Reliance Jio launch date may cap upside for RIL shares Analysts said lack of clarity over the much-awaited launch of the conglomerates telecom services may put a lid on gains in the short term. Air India to focus on higher revenues, not trimming staff costs: Senior official The Government has already infused Rs 22,280 crore in the carrier as part of this financial package till the last fiscal. Delhi High Court restrains firm from using Paytm's logo Delhi High Court has restrained a firm from using any data or information derived from the sellers of Paytm and also from using its trademark. Utterly Butterly Foolicious take on advertising Last week, did a cover story on advertising, headlined ‘Utterly Butterly Foolicious’. The writer of the piece has taken a few thousand words ripping the industry apart, wondering whethe Donald Trump expresses displeasure at India's outsourcing industry by mocking call centres Watch: Donald Trump targets outsourcing with a terrible Indian accent - The accent wasn't even well done. Airlines asked to help passenger fill up customs form during flight All airlines operating flights from international destinations to India have been asked to help flyers fill the customs form on board. Applying for job in SBI? Check you credit history If you want to apply for a job at State Bank of India (SBI), any default on loans or credit card payment will render your ineligible. Under ED's Karti Chidambaram scanner: 2 top VC firms with a revolving door between them In 2005, it raised funds to the tune of US $200 million. This came from WestBridge Ventures II LLC, Mauritius. Snapdeal-backed PepperTap shuts grocery delivery ops, lays off 150 staffs Nuvo has a presence in 32 cities in the country and works with e-commerce players like Snapdeal, Patym and Shopclues. Chiki Sarkar and ex-Web 18 CEO Durga Raghunath launch mobile publishing app Juggernaut New mobile publishing 'Juggernaut app' launches in India - New 'Juggernaut app' launches in India with hopes of tapping into the Indian e-book market. Tata Steel says no buyer for UK assets till pension fund liability is dealt with Tata Steel UK CEO Bimlendra Jha said the firm is not willing to split up major assets, such as its Port Talbot steel plant, for the sale App commerce in India – Enabling millions of businesses The growth of smartphones and tablets has enabled India to leapfrog from the desktop era to a mobile era to a smartphone era very fast. Maersk keen on taking ports on lease in India: Julian Michael Bevis Julian Michael Bevis of Maersk Line India says he is positive about the shipping and port sector in India Workers will be able to view job offers before arriving in UAE Roll-out of service centres across various countries will happen in three phases. Rajan makes case for easier start-up norms Raghuram Rajan said start-ups are key to creating fresh jobs in the economy, adding that they need to grow into bigger businesses to keep creating employment SC asks Finance Ministry to explain NPAs recovery mechanism SC has also asked the Finance Ministry to inform as to what safeguards it is bringing in to curb bad debt. Standard Chartered Q1 profit down but bank on a stronger wicket Standard Chartered's global profit before tax shrunk to $589 million in the three months ended March 2016 from $1.44 billion in March 2015 as income fell. Companies forced to look at how to sell more from the same outlets: Satyadeep Chatterjee Interview with MD, consumer goods and services, Accenture Not chasing GMV, will aim to add and retain high-quality users: Snapdeal CEO Kunal Bahl There has been a marked slowdown in GMV as companies cut down on discounts to build healthier margins and stronger balance sheets. TradeBriefs Publications are read by over 10,00,000 Industry Executives 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

Apr 29, 2016 - High-speed trading backlash ramps up pressure on Sebi

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Sree Vijaykumar From the Editor's Desk It costs a bank Rs 48 to handle a bank premise-based transaction, Rs 18 to handle an ATM transaction and Rs 1 to handle a mobile-based transaction. Banks clearly have an incentive to get people to transact on the mobile phone. Mobile wallet startups like PayTM, given their technology advantage, lack of legacy, and wide network of merchants and consumers, are well positioned to overtake traditional banks when it comes to mobile transactions. RBI's Unified Payment Interface (UPI) promises to make it easier for consumers to use their mobile phone to transact with merchants. Add in the PM's Jan Dhan Yojana and India has an opportunity to get the 200 million plus unbanked into the banking system - through the mobile phone! How quickly we move to a cashless economy will depend on ease of use (still some work to be done here) and marketing and communication that informs and builds trust - Comment High-speed trading backlash ramps up pressure on Sebi Sebi is coming under increased pressure to improve its oversight of high-speed trading after allegations of unfair access at the nation’s biggest equity bourse Property Listing: Goyal Orchid Whitefield, Bangalore 1/2/3 BHK apartments, starting from Rs 35 Lacs.   Property Listing: Godrej Infinity, Keshav Nagar, Pune Luxury 2/3 BHK apartments, from Rs 38 Lacs - Rs 92 Lacs.   Can India get 1 billion online by 2020? Here’s a look at the challenges that need to be addressed to ensure that a billion Indians are connected to the Internet by 2020 Five triggers that changed your market while you were sleeping Poor GDP numbers in the US failed to lift sentiments, commodity prices soared and Facebooks league of its own. Under ED's Karti Chidambaram scanner: 2 top VC firms with a revolving door between them In 2005, it raised funds to the tune of US $200 million. This came from WestBridge Ventures II LLC, Mauritius. FDI rules may help Flipkart, Snapdeal against Amazon Regulations may have created a level playing field among the three online retailers by temporarily neutralizing the spending power of Amazon P2P lenders eye larger loans as RBI proposes regulatory norms The platforms can bring down interest rates in comparison to the informal sector, says RBI consultation paper Sebi plans to ease mutual fund redemption norms Asset management companies may soon lose power to impose redemption limits on mutual fund schemes If you haven’t seen your money back yet, it does not give you confidence: Vikram Gupta The founder and managing partner at IvyCap Ventures on how the lack of blockbuster exits in the Indian start-up scene has hurt the venture capital ecosystem Can India's venture capitalists break from the herd? The industry’s herd approach to investing in the past has led to capital being concentrated in a few segments and created valuation bubbles NRDC tapped to develop tech products in bid to boost exports Govt has identified 99 technology products that it says can help boost Indian exports by $15-20 billion Synchrony Financial to invest $12 million in India operations BS ReporterHyderabad, 28 April: Synchrony Financial(formerly GE Capital International Services) an affiliate of Synchrony Bank, USA, today said it was expanding its off-shore operations in India.The US consumer financial services company has 13,000 IOB, UCO Bank to move out from Nifty Midcap 50 index Indian Overseas Bank (IOB) and UCO Bank will be excluded from the NSE's Nifty Midcap 50 index from May 27. Lot needs to be done by Finance Ministry on black money: Parliament panel The Standing Committee on Finance suggested the "Ministry should give utmost priority to the implementation of Justice M B Shah's panel so that black money stashed abroad may be brought to our hand in time." Govt invites merchant bankers for stake sale in OIL, NFL, RCF Govt intends to sell 15% stake in NFL, 5% stake in RCF and 10% stake in OIL Cardiovascular giants Abbott, St. Jude in $25 bn merger New York, April 28, 2016 (AFP) -Abbott Laboratories and St. Jude Medical, leading makers of heart care and coronary devices, announced a $25 billion merger Thursday to better target the rising levels of cardiovascular disease in aging populations. The deal, with Abbott taking control of St. Deutsche Bank posts surprise profit, beats expectations Quarterly net income fell 58% to €236 million after its investment bank slumped in volatile market, but beat analyst outlook of €249 million net loss Hero Electronix buys majority stake in Tessolve Semiconductor Hero Electronix official says it’s a phase-wise acquisition and the firm will have a significant majority towards the end of the year Govt looks to divest stakes in two state-owned fertilizer companies Govt will sell its stake through the offer-for-sale route in Rashtriya Chemicals and Fertilizers and National Fertilizers Tata Steel says no buyer for UK assets till pension fund liability is dealt with Tata Steel UK CEO Bimlendra Jha said the firm is not willing to split up major assets, such as its Port Talbot steel plant, for the sale Be afraid, be very afraid if you’re investing for the long run A new McKinsey report argues that investors of all ages need to resign themselves to diminished gains over the next two decades BSE inks pact with Korea Exchange to list Sensex-based derivatives The agreement is expected to further the development of derivatives markets in India and South Korea and encourage sharing of information Fitch Group lowers India's economic growth forecast Growth is expected to edge upwards to 7.8 per cent in 2017-18 The banking elephant and the insurance whale At the end of December, LIC’s gross NPAs as percentage of its debt portfolio stood at 4.23% compared with SBI’s 5.1% Amazon just created $35 billion in stock market value in under 15 minutes The market likes what it sees. Earnings from e-commerce behemoth Amazon.com pleased investors, sending shares soaring by more than 12% in after-hours trading. The short version? Amazon's cloud-computing business is going strong, raking in $2.57 billion in revenue in the first quarter. https://www.theatlas.com/charts/Hy8LRxeW The bulk of the stock surge happened within the first 15 minutes after... Easier Customs norms for IKEA With a promised investment of Rs 10,500 crore, the Swedish furniture maker is going to provide the largest FDI to India in single-brand retail Walmart wants to sell food products in India via both brick-and-mortar and online stores The worlds largest retailer is keen to sell food products directly to Indian consumers both by setting up brick-and-mortar as well as online stores. E-commerce squeezes Bata India's margin According to the report, Bata has lost out to foreign footwear brands as they "continue to reap benefits of disintermediation" Genuine threat or over-confidence? Patanjali will shut the gate in Colgate, make Nestle's bird disappear: Baba Ramdev The Ayurveda-based company, which has been growing exponentially in the last four years, plans to venture into exports and e-commerce this year. Slow network and informal retail structure in India holding Apple back, claims Tim Cook India presents a “really great opportunity” for Apple but slow networks and the informal retail structure there is preventing the tech giant from realising its full potential, its CEO Tim Cook said as the company’s revenues plunged for the first time in 13 years. Modern retail grinds to a halt, almost The modern retail trade recorded one of its slowest-ever sales growth in 2015 as consumers cut back on discretionary spends at supermarkets amid an economic slump. Ethnic drinks' rising popularity takes the fizz out of global juice flavours Retail trade insiders say that, Indian flavours such as mango, litchi, pomegranate and guava have overtaken international ones such as apple and orange in the country Amazon was India's second-largest online marketplace by shipments last month dislodging Snapdeal, nears Flipkart If there is no new entry, it will be a two-horse race (between Flipkart and Amazon) by the end of the year,” said Satish Meena, a senior analyst. ICRIER report: Multi-brand FDI is the key to getting investments in food sector ‘But global retailers cannot change biz models to meet India’s conditions’ 2020 store opening target of 50 additional stores will be met, also tying up with ecommerce companies: Walmart India's Krish Iyer Interview with President & CEO, Walmart India Malls within malls, DLF Mall of India officially opens its doors DLF Mall of India is now officially open and boasts of over 250 brands divided in five zones for ease of access. FreeCharge names former Amazon India executive Fareed Jawad as its Principal Product Architect "We look forward to Fareeds contribution in strengthening our technical expertise and payments capabilities with his in-depth understanding of payments sector. India's 'panic button' rule will raise cost of mobile handsets Amid worries that government's move to make panic button mandatory will increase cost of mobile handsets, telecom minister Ravi Shankar Prasad said he will take up the issue up with the industry. GSMA Urges India's Telecom Commission to Reduce Spectrum Prices "The GSMA is concerned that, if the Telecom Commission maintains the current reserve ...   Indian mobile tower industry set to double by 2020: Deloitte The rolling out of more services by telcos can drive the industry's compound annual growth rate of 3 percent in four to five years, according to a Deloitte report. Telenor keen on maintaining 'sabse sasta position' in 4G services Telenor keen on maintaining 'sabse sasta position' in 4G services - Telenor already offers narrow-band 4G service in Varanasi at an average download speed of 2 megabit per second, but it's competitors promise full-fledged 4G service. Telenor Hints at India Exit; Runs Up Huge Operating Loss The Indian arm of Telenor is also looking to expand its 4G footprint, but the company said it will have to rethink if it cannot get spectrum at reasonable price DocsApp, an online platform that links doctors with patients, raises Rs 8 crore ($1.2 million) from investors; money will be used to expand operations DocsApp, an online platform that links doctors with patients, has raised Rs 8 crore ($1.2 million) from investors including Anand Rajaraman and Venky Harinarayan. Gujarat High Court issues a notice to the state Government on a petition filed by Flipkart against the entry tax on online sale Flipkart has claimed the tax is discriminatory, because no such tax is imposed on the goods brought into Gujarat thorough other modes of sale. CouponDunia revamps business focus, launches cashback to expand its customer base; provides a a new "CouponDunia Browser Extension" for Google Chrome CouponDunia, at present, facilitates a gross merchandise value of Rs 1,000 crore, and is looking at scaling this up to Rs4,000 crore. 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