Dec 21, 2016 - Reforming healthcare in India

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Sree Vijaykumar From the Editor's Desk ok, this time around I don't agree with The Economist's take on Management Theory, which it calls a compendium of dead ideas. The only part I agree with is that indeed globalization is not a one-way street. Today globalisation shows signs of going into reverse. Donald Trump preaches muscular American nationalism and threatens China with tariffs. Britain is disentangling itself from the European Union. The more far-sighted multinationals are preparing for an increasingly nationalist future. However, competition is indeed more intense today, entrepreneurship is alive and kicking and because of the information age, business change is faster than before. Check out the article. Advertisers of the day The Economist: Subscribe now and get a Hidesign passport wallet free Ingram Micro Cloud: Streamline your creative process and secure your digital assets with Dropbox Business   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). Reforming healthcare in India India’s largely unorganized healthcare sector is focused on curing sick people rather than preventing sickness itself 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. The Real Deal with Email and What TradeBriefs does right So, here How moving money to the bank helps the poor There is enormous latent demand for formal financial services among the poor How venture capital's Big Three raised funds and spent them in 2016 A look at the investment strategies of Nexus Venture Partners, Sequoia Capital and Accel Partners which raised big funds in 2016 B2B start-ups raise $98 million across 30 deals so far this year Commerce, logistics and niche software start-ups that address needs of other businesses are among B2B segments that attracted investors in 2016 Jindal Steel may sell stake in Oman unit to cut debt Jindal Steel and Power said to be keen to divest a large stake in Jindal Shadeed, open to selling the unit there is a good offer EPFO moves to boost membership via amnesty plan for employers EPFO’s move allows firms to ensure temporary workers get social security benefits Black money: Govt asks RBI for report on lapses at banks after demonetisation Finance ministry wants to check whether banks compromised on KYC norms even as more cases of bank employees helping launder black money surface Carlyle, two others emerge final bidders for GE stake in SBI card According to sources, the deal that was pursued by many domestic and global suitors, values the credit card business at about $800-850 million. Here's what may have led to Chitra Ramkrishna's exit from NSE It all started with the finance ministry and the Sebi receiving complaints from NSE shareholders over alleged ‘non-cooperation of the management. Reliance Home Finance to raise Rs3,500 crore via NCD route Reliance Home Finance plans to use the proceeds from the NCD issue for lending, financing, repayment of loans and general corporate purposes Arun Jaitley asks banks to think 'out-of-box' while doing business Pitching for incentives for digital transaction infrastructure, bankers suggested that there is need for exempting Banking Correspondents transactions from service tax. Fresh issuance in IPOs takes a back seat Even though this year has been one of the best years for initial public offerings (IPOs), a large portion of the issue proceeds have been in form of secondary exits, while little has gone towards business expansion. Of the Rs 25,163 crore through India Post to open first bank branch in state next month Ranchi: India Post, Jharkhand, will become the first in the country to open a bank branch India Post Payments Bank (IPPB) in January. Zoomcar raises investment from Chinese VC fund Cyber Carrier Zoomcar raises just less than $10 million from Cyber Carrier CL. Axis Bank assures government of action against errant officials The finance minister further said: "CBI and ED are keeping a watch. We have told the top management of banks that they should also take action against guilty officials." What Flipkart's Sachin Bansal misses when he wishes India's stance on foreign capital should be like China's India’s internet industry lacks solidarity, making the call for protectionism sound like two entrepreneurs promoting their self-interests. Shoppers Stop eyes 10%-15% stake sale, may raise Rs 150-200 cr Home-grown retailer Shoppers Stop is likely to raise R150-R200 crore for its subsidiary HyperCity by selling 10% to 15% stake in the hypermarket by March 2017, a senior company official told FE on Tuesday. If the stake sale happens at this price then the company's valuation would be around R1,500-R2,000 crore. Delhivery delivers 2x growth as the e-commerce wagon gathers speed According to the registrar of companies filings, the company's revenue grew to Rs 495 crore in FY15-16 compared to Rs 228 crore a year ago. Amazon on a high! Cloudtail surpasses Shoppers Stop's revenue; sales up 300% Cloudtail, a JV between Amazon Asia and Infosys founder Narayan Murthys personal investment vehicle Catamaran, posted over 300% jump in revenues to Rs 4,591 crore. LeEco exits offline sales, cuts jobs, slows down new launches, slashes advertisement spends LeEco India is exiting offline sales of smartphones, cut 1,000 in-shop temporary jobs, slashed advertising budget and will slow down launch of new models. Future Enterprises to sell 16% stake in Future Lifestyle Valued at around Rs 800 crore at the current market price, FEL generates over Rs 1000 crore EBITDA from its real-estate and rental logistic business. Kolkata witnessing rise in demand for warehouses Manufacturing and consumption majors like Shoppers Stop, Manyavar, Philips, Linc acquired close to 10 lakh sq ft land for warehouses in the city. Amazon plots new course for package deliveries But don't expect airborne Christmas presents this year. What Flipkart's Sachin Bansal misses when he calls for Indian startups to be favoured, protected Indias Internet industry lacks solidarity, making the call for protectionism sound like two entrepreneurs promoting their self-interests. Amazon expands 2-hour grocery delivery service to Delhi, Mumbai AmazonNow offers free delivery for baskets above Rs 350, while for deliveries lower than Rs 350, a delivery charge of Rs 29 for scheduled delivery and Rs 49 for express delivery will be charged. FoodCloud secures Rs 3.5 crore in funding, expands operations to Kolkata FoodCloud, an online resource portal that provides variety of cuisines through registered chefs and caterers, has raised Rs 3.5 crore for expanding it.. TRAI moots third party aggregator model, 100 mb free for rural users Trai on Monday has proposed an ‘aggregator model’ and 100 MBs of free data for rural users as part of the broader plan to push Digital India.  In digital push, telecom regulator moots free data for rural users The TRAI has recommended providing limited free data access to rural subscribers to promote cashless economy. Aircel-Maxis case: Court to pass order on former Telecom Minister, others on Dec 22 Aircel-Maxis case: Court to pass order on former Telecom Minister, others on Dec 22 - The order, which was supposed to be passed today, has been deferred to December 22 by special judge O P Saini. Paytm's awareness camps to help India go cashless Mobile payment and e-commerce platform Paytm on Monday announced that it is setting up awareness camps in every district to help the country go cashle.. Xiaomi teases new Mi Notebook Air with 4G LTE connectivity; here's everything we know so far The new Xiaomi Mi Notebook Air will be launched on December 23 in China. India to start screening imported telecom gear from April 2017 The local screening will initially be carried out in phases by identifying network gear deemed most vulnerable. We won't be a mere exporter, rather will build presence and visibility for our brand: A Mahendran We won’t be a mere exporter, rather will build presence and visibility for our brand: A Mahendran - Interview with chairman and MD, Global Consumer Products Pvt Ltd Analjit Singh resigns from Tata Global Beverages board Mumbai: Twenty four hours after Cyrus Mistry stepped down from the board of Tata Global Beverages, Analjit Singh, an independent director who had supported Mistry's chairmanship for the last two months, too resigned from the world's No. GCPL fully acquires Kenyan co Charm Industries According to the company, transaction would be completed with "immediate effect" as "no approvals" are required for that. Think tank: Ban celebrities from plugging high-sugar, high-salt foods Celebrities should be banned from endorsing unhealthy foods, while adverts for items like soft drinks should be scrapped, according to experts.  Food enrichment for a healthier India Rice basmati, wheat fall on sluggish demand Prices of rice basmati and wheat fell by up to Rs 100 per quintal at the wholesale grains market today owing to slackened demand against sufficient stocks position. Traders said easing demand from retailers at prevailing levels, led to the decline Amazon introduces 2-hour grocery delivery app, AmazonNow, in Delhi and Mumbai Expanding its reach, Amazon India on Monday launched its AmazonNow app in Delhi and Mumbai which will let customers shop for over 5,000 every-day essentials from various local stores. With this app, products will be delivered to the customers’ doorsteps within two hours or at a pre-scheduled time. “Our aim is to delight our customers FMCG looks beyond 'temporary blip', keeps faith in GST The FMCG sector – already reeling under the impact of two slow growth years were hopeful they would turn the corner this fiscal on the back of a good monsoon and the Seventh Pay Commission handout – was delivered a rude shock with the Government’s move to pull out large denomination currency notes from circulation in Coca-Cola plans to get digital ready The company has created a new function called Franchise Capability & Business Transformation to beef up supply chain, technology and processes at its franchise bottlers to make them future ready for digital selling. Amazon Pantry to push FMCG products The online grocery store by Amazon promises next-day delivery of grocery and household items. Taste of India: Desi companies feast on snack market ​​According to market researcher Euromonitor, sweet and savoury snacks have grown by 26%, highest within packaged food segment between 2010 and 2015. 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