Saturday, November 17, 2018

November 16, 2018 - Alternative Investment funds based on Islamic banking tenets yet to take off in India

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TradeBriefs Editorial From the Editor's Desk

Figure Out Who's On Your Team - John Lilly
Along the way I've met a LOT of new people -- entrepreneurs, investors, designers, scientists, on and on. I've always had a pretty large network of friends and colleagues, but this year it's pretty well exploded -- I've gotten to spend some time with amazing, amazing people I hadn't really spent time with before.
But the interesting, and maybe counter-intuitive thing I'm finding is this: as I'm meeting so many more capable and awesome people, my core group of collaborators -- the folks who I've built companies and careers together with over the last 20 years -- while I see the core group less often, I'm finding that the interactions I have with them to be much more valuable.
One of the best pieces of advice I ever got, back when I was 23 and newly out of school, is this: look around and figure out who you want to be on your team.

Continued here

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Finance
Alternative Investment funds based on Islamic banking tenets yet to take off in India

Almost nine years after the launch of the first Sharia-compliant investment fund in India, the alternative investment funds based on the tenets of the Islamic banking are yet to take off in the country.


Finance
India's economy would have collapsed had there not been demonetization: RBI board member S Gurumurthy

India's economy would have collapsed had there not been demonetization: RBI board member S Gurumurthy - Ahead of the much talked about board meeting of the central bank, RBI board member S Gurumurthy Thursday said the stand-off between the government and the Reserve Bank was not a happy situation.


Finance
Rabo Equity looks to raise up to $400 million for third fund

Rabo Equity Advisors will be reaching out to both domestic and foreign investors for its third fund that will look for investment opportunities in distressed food and agriculture businesses


21 More Finance Stories

ING sells Kotak Mahindra Bank shares worth ₹1,440 crore

ING sold 1.27 crore shares in Kotak Mahindra Bank at an average price of ₹1,130, valuing the transaction at ₹1,440.26 crore



 IT Audit -26th Sept'18 , Mumbai

Food/FMCG
Nielsen India sees FMCG growing at 12-13% in October-December period

The rationale behind the double-digit growth forecast is strengthening GDP, boost to rural income and a controlled inflation rate


Food/FMCG
Milk in India is largely safe but quality issues persist- FSSAI

At least 41% (2607) samples were for processed milk and remaining 59% (3825) were of raw milk


Food/FMCG


4 More Food/FMCG Stories

Modern trade, regional brands gaining momentum in India's FMCG landscape

Eastern region pulled up volume growth to a healthy 13%, highest in the past five quarters



Software
Intel opens new design facility in Bengaluru, invests ₹1,100 cr

Intel has opened a design centre in Bengaluru, with an investment of ₹1,100 crore, in an effort to push futuristic technologies such as 5G and Artificial Intelligence to its clients.The centre which h


Software
Aviation sector, supply chain industry could witness cyber attacks in 2019

With more and more organisations embracing technology, cyber criminals may focus on the opportunities to break into cloud infrastructure."We expect 2019 to arrive with ample new and existing challenge


Software
Infosys appoints Jayesh Sanghrajka as interim CFO

Jayesh Sanghrajka will replace M.D. Ranganath, who had announced his decision in August to step down


6 More Software Stories

President asks technocrats to focus on innovations and new technology

Patna, Nov 15 (UNI) President Ram Nath Kovind today exhorted young technocrats to use their intellectual energy on innovations and new technologies to put India on high trajectory growth.




Today's TradeBriefs Cartoon
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Ecommerce
Walmart puts Amazon on notice amid Flipkart bad news
Walmart puts Amazon on notice amid Flipkart bad news
Walmart reported stronger-than-expected sales in September quarter and boosted its full-year outlook, but Binny Bansal's resignation from Indian unit Flipkart brought unwanted attention


Ecommerce
Zomatos full-course strategy: From supply to delivery and more

The companys diversification plan is is simply to double down on food business — from supplying clean ingredients to restaurants to delivering food to customers and beyond.


Ecommerce


2 More Ecommerce Stories

ED probing if Amazon, Flipkart violated forex law
ED probing if Amazon, Flipkart violated forex law
The Enforcement Directorate's response came on a PIL, which alleged that the e-commerce giants were violating foreign direct investment norms



Digital
Digital disruption to create 1.4 million new IT jobs in India by 2027

India is likely to add over 1 4 million new IT jobs by 2027 as per the findings of a joint study by Cisco and International Data Corporation


Digital
2014 To 2019: From social media to app, BJP's digital campaign shifts gear

Between mid-September and now, Modi has had six "Mera Booth Sabse Mazboot" video interactions with booth workers in 30 Lok Sabha constituencies through the NaMo App.


Digital
WhatsApp's new feature lets you share contacts with QR codes

You can now send and receive WhatsApp contacts by generating or scanning QR codes


4 More Digital Stories

Facebook India searching for Tax Head

It is reported that WhatsApp is also looking for managers for election security and policy programmes



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Franchise


Franchise
Aditya Ghosh: The man who chose OYO over Tata Sons

Ghosh, 43, saw more merit in joining hospitality startup OYO Hotels as its CEO.


Franchise
Domino's Pizza is a boon for McDonald's in India

Domino's moves pizza delivery in-house; McDonald's operator sees apps bringing more revenues



HR
OYO hires ex-IndiGo boss Aditya Ghosh as CEO India and South Asia

He will be reporting to the founder and group chief executive officer of OYO Ritesh Agarwal.


HR
Exit of Flipkart CEO adds to fears in Corporate India about sexual misconduct

In 2015, when Antony Alex pitched his training products for tackling sexual hara...


HR
With millennials in mind, HR tech startup UpYourGame helps firms curb attrition

This Bengaluru-based HR tech startup helps companies gather important data with its AI-based performance management as well as predictor tools.This year has been all about the emergence of deep tech s...


8 More HR Stories

'HR professionals should turn superheroes'

They should encourage collaboration among employees, says Broadridge Solutions MD




Logistics
India's shift from conventional transport to electric vehicles

Sunil Kumar Agrawal, from NTPC Ltd, discusses India's automobile industry and its current position in the electric vehicle market, detailing how the country requires consistent and strong policy frameworks to continue developing.


Logistics
Tata SIA Airlines eyes all-stock merger of Vistara with Jet Airways

Jet promoter Naresh Goyal could exit by selling stake to Tatas partner Singapore Airlines after merger.


Logistics
Air India eyes Rs 800 crore from sale of over 70 properties

This fresh bid is a part of the airline's real estate assets monetisation plan approved by the then UPA government in 2012.


7 More Logistics Stories

Lakhs of towels, bedsheets missing from AC coaches, passengers are suspects

The theft of toilet mugs, taps, flush pipes and mirrors are also reported on a regular basis



Construction
6 Ways In Which Artificial Intelligence Is Revolutionising The Real Estate Business

The business of real estate is much more than just location, location and location. It involves a lot of data about buyers, sellers, their finances and preferences, among many others. It only makes sense to leverage the use of a powerful tool of artificial intelligence to make their work easier. This industry has already been…


Construction
55% of India's commercial, residential realty will go green by 2021: Study

Respondents from India rated environmental reasons for building green, such as reducing energy and water consumption, and protecting resources very high


Construction
Centre will not amend any provision of RERA: Hardeep Singh Puri

Hardeep Singh Puri, Union housing & urban affairs minister, warns states against tweaking rules of the real estate law


6 More Construction Stories

How social media is becoming an important tool in real estate

Social media marketing has already established itself as a preferred mode of marketing in the real estate sector.




Marketing
SBI Life Insurance taps into the social beverage of India, extends the 'Main se Hum' brand campaign on ground

SBI Life Insurance, a leading private life insurance company in India, has collaborated with advertising start-up, CupShup, known for its popular technique of converting tea and coffee cups into a platform for brands. The on-ground extension of SBI Life's 'Main se Hum' campaign is aimed at creating


Marketing
Google Continues to Remain the Most Recommended Brand by Consumers; WhatsApp and MMT Follow
Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities -- get all the breaking news, right now.


Marketing
Ten reasons why marketing plans fail

Customers have certain expectations from a business and the way a business meets those expectations, defines its brands


455 More Marketing Stories

No ads allowed on school buses: Govt

PANAJI: More than a year after, Kadamba Transport Corporation (KTC) came under fire for some of its school buses featuring a contraceptive advertiseme.



Politics
What Will Swing The Elections In Chhattisgarh: Prannoy Roy's Analysis
What Will Swing The Elections In Chhattisgarh: Prannoy Roy's Analysis
In the last round of assembly elections in five states - seen as bellwether before next year's national elections -- Chhattisgarh is expected to be one of the few which will witness a very close fight between the BJP and the Congress.


Politics
As Sabaraimala Doors Set To Open Today, Fresh Protests In Kerala
As Sabaraimala Doors Set To Open Today, Fresh Protests In Kerala
A day before Shabarimala temple doors are set to open to devotees, Kerala braces for more protests today. Early this morning, activist Trupti Desai arrived at the Kochi airport and faced stiff protests by BJP activists who had gathered there along with several protesters. she was accompanied by 6 others who were unable to get out of the airport.


Politics
"People Losing Patience": Ramdev Backs Ordinance Route For Ram Temple

Yoga Guru Ramdev said the Supreme Court is delaying the Ayodhya matter and there is a need to bring an ordinance in the Parliament for the early construction of Ram Temple.


9 More Politics Stories

Trouble in Telangana: Now, backward classes demand more seats, call for bandh on 17 Nov
Trouble in Telangana: Now, backward classes demand more seats, call for bandh on 17 Nov
Backward Classes comprise about 53% of Telangana's population and want 30% of seats alloted to them




Sports
Shastri a yes-man? 'Most bizarre' says defiant Kohli
Shastri a yes-man? 'Most bizarre' says defiant Kohli
The India captain pats Shastri's man-management, credits him for bringing players out of their shells


Sports
Hong Kong Open: PV Sindhu crashes out; Kidambi Srikanth and Sameer Verma enter quarters
Hong Kong Open: PV Sindhu crashes out; Kidambi Srikanth and Sameer Verma enter quarters
India's men's singles shuttlers had a good day in office with Srikanth and Sameer progressing to the last eight round, albeit with contrasting results.


Sports
Mumbai Indians retain 18 players; release JP Duminy, Pat Cummins, Mustafizur Rahman
Mumbai Indians retain 18 players; release JP Duminy, Pat Cummins, Mustafizur Rahman
Mumbai Indians have also released 10 players which include one capped, five uncapped and four international cricketers.


30 More Sports Stories

Sri Lanka vs England: Sri Lanka handed bizarre five-run penalty
Sri Lanka vs England: Sri Lanka handed bizarre five-run penalty
The penalty runs were added to England's first innings total, taking the touring side's tally to 290.



Entertainment
Shah Rukh Khan, AR Rahman meet Twitter CEO Jack Dorsey
Shah Rukh Khan, AR Rahman meet Twitter CEO Jack Dorsey
Shah Rukh Khan and Oscar-winning music composer A.R. Rahman met Twitter CEO and co-founder Jack Dorsey. The meeting between the Bollywood personalities and Dorsey took place after the Twitter official met Prime Minister Narendra Modi.


Entertainment
Producers Guild of India implements guidelines against sexual harassment
Producers Guild of India implements guidelines against sexual harassment
Producers Guild of India unanimously passed a resolution to amend its by-laws thereby making it mandatory for all those members who fall under the purview of PoSH to implement the requisite laws.


Entertainment


12 More Entertainment Stories

Rajkummar Rao: Content is the new entertainment
Rajkummar Rao: Content is the new entertainment
Rajkummar Rao has collaborated with Radhika Apte and Kalki Koechlin for the first time to narrate the audible adaptation of Hussain Zaidi's novel, "Mafia Queens of Mumbai." He would love to work with the actors in films too.




Work
The industrialists behind India's first national economic plan
The industrialists behind India's first national economic plan
It has faded out of public memory as completely as it had occupied centre-stage soon after publication.


Work
Here's what's happening with electronic money around the world
Here's what's happening with electronic money around the world
The digitization of money is a global story, but how it plays out varies from country to country.


Work
Why India's once-sizzling solar sector has cooled down
Why India's once-sizzling solar sector has cooled down
There's been a dramatic decline in new capacity additions.


10 More Work Stories

Will superfast 5G mobile be worth it?
Will superfast 5G mobile be worth it?
Superfast 5G mobile promises lots of benefits, but will it be worth the money?



Life
The solution to cities' water problems has been hiding in rural areas this whole time
The solution to cities' water problems has been hiding in rural areas this whole time
Rather than rebuilding ancient Roman water systems, we have the opportunity to create sustainable infrastructure that is more resilient, less expensive, and has a smaller impact on the environment.


Life
These are the skills to learn for the future of work, according to the World Economic Forum
These are the skills to learn for the future of work, according to the World Economic Forum
The list of growing and declining skills suggests how to stay relevant in the new economy.


Life
India's all-female police stations are better at keeping women safe
India's all-female police stations are better at keeping women safe
Women are more comfortable approaching these stations.


9 More Life Stories

A Nobel-winning economist's tips for how to deal with a more uncertain world
A Nobel-winning economist's tips for how to deal with a more uncertain world
Lars Hansen says all financial models are wrong to some extent, but we can learn from building better ones.




Retail
IKEA has an easy plan that can stop stubble burning, reduce pollution in Delhi
IKEA has an easy plan that can stop stubble burning, reduce pollution in Delhi
IKEA said its long-term goal is to contribute to villages reaching zero rice-straw burning.


Retail
Retail FDI in India: restrictions and solutions
Retail FDI in India: restrictions and solutions
India's policy on foreign direct investment permits such fund flows into the country under either the automatic or approval routes. Under the latter route prior approval from the Government of India is required for any foreign investment in an Indian company involved in a retail business


Retail
Draw Right Lesson From Bansal's Exit
Draw Right Lesson From Bansal's Exit
Binny Bansal was stunned that officials from Walmart Inc., Flipkart's new owner, were probing details of an affair years earlier


18 More Retail Stories

A local chain may have cracked the Indian consumer
A local chain may have cracked the Indian consumer
DMart is succeeding where giants such as Carrefour and Tata have struggled



Telecom
Telecom sector adds 65,000 towers in two years

Recently, Bharti Infratel chairman Akhil Gupta said that as the country was preparing for preparing for 5G, it would require a massive infrastructure ..


Telecom
Trai floats paper on discontinuing printed phone bills

The telecom regulator has sought views on whether telcos need to continue sending free printed bills to postpaid users of mobile and landline services..


Telecom
Bharti Infratel seen as potential buyer of Voda Idea's fibre assets

Brokerages Credit Suisse and BNP Paribas said Bharti Infratel — the listed tower arm of Bharti Airtel — could emerge a potential buyer of Vodafone..


4 More Telecom Stories

All telcos, except Jio, fail in Trai's call drop test on highway, rail routes

All telcos, except Reliance Jio, failed to meet call drop benchmark in drive test conducted by Trai.




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