The New age Marketing Mind: An interview with Anish Behera

Anish Behera, Head of Strategy - Digital at Cheil Worldwide is one of the finest Minds, in a candid discussion with our editorial team and sharing his thoughts on multiple topics.

 In the past decade Anish has had opportunity to work in various capacities across creative, digital and media agencies and has helped many brands achieve their ambitio

Indias outdated electricity grid needs major upgrade: Expert

India's power grid needs to be upgraded if the plan to sharply step up power from renewable energy is to be successful, an energy expert has said.

"The now-outdated grid interface needs to be modernised into a smart grid capable of handling the ever-greater share of generation to come from new, low-cost renewable energy. That can't happen overnight," Tim Buckley

Government should take steps to curb black market deals in gold: Y.V. Reddy

The government should take steps to curb black market transactions in gold which have an adverse effect on the economy, according to Y.V. Reddy, a former Governor of the Reserve Bank of India.

"Some of the demand for gold today stems from black market transactions, which have a nefarious influence on the economic systems and social fabric and deserve immediate and serious at

Microfinance Burying the hatchet of demonetization - Antique Stock Broking

Burying the hatchet of demonetization

While there is little doubt that demonetization was black swan event for the microfinance industry, the slower than expected pace of improvement in collections over past six months has dented the confidence of investor community. The sentiment has further been soured by the farm loan waivers announced by various s

CBDT Clarification on Cash Acceptance - Relief for NBFCs - Morgan Stanley

1st Take: CBDT Clarification on Cash Acceptance - Relief for NBFCs

Section 269ST of the Income tax Act, introduced by the Finance Act, 2017 w.e.f. April 1, 2017 put certain restrictions on cash acceptance. Essentially, per the section, no person shall receive an amount of Rs200,000 or more in cash:

(a) in aggregate from a per

Entertainment tax tweaking by states results in disparity under GST

With widespread protests in Tamil Nadu on the imposition of 30 per cent entertainment tax, apart from the Goods and Services Tax (GST) rate, the spirit of "good and simple tax" which aimed at uniformity seems to be getting muddied as states complicate the tax environment.

For the entertainment industry, below Rs 100 ticket fares attract 18 per cent GST while above Rs 10

Moody`s revises banking outlook in Asia Pacific

Credit rating agency Moody's reported on Tuesday that it has revised the outlook for banks in the Asia Pacific from negative to stable.

A total of 77 per cent of bank rating outlooks in the region are now stable, up from 64 per cent at the end of last year, Efe news quoted the agency as saying.

It added that banks in China, Hong Kong, Singapore, Australia, New

Over 90% Indian customers still prefer branch over online banking: Report

While the government has been pushing people to go online when it comes to banking, the branch still continues to dominate banking channels in India, with 94 per cent of retail banking customers having visited the branch/store at least once in the past 12 months, a new study revealed on Monday.

According to the 2017 Oracle J.D. Power India 'Retail Banking Study,' despite

Better branding, style positioning can boost textile sector: Experts

Emphasising that India's textile industry has the potential to double its growth rate, textile giants on Saturday stressed on strategic branding and style positioning in the industry.

On the second day of India's first-ever textile extravaganza -- Textiles India 2017, participants discussed the future of textile industry, colour and design, along with what the future hold

India INX clocks a new high in Gold Contract

Mumbai, June 30, 2017: India International Exchange (INX), the wholly owned subsidiary of BSE Ltd, reported a new high in turnover of USD 44.76 million (INR 290.94 crores) and crossed 1000 contract in Gold on 29th June 2017.  

Speaking on the development, MD & CEO of India INX Shri. V Balasubramaniam said, “We have seen enthusiastic participation in our

Quote of Shri Ashishkumar Chauhan, MD & CEO, BSE on GST regime

Below is the Views on BSE  on GST regime by Shri. Ashishkumar Chauhan, MD & CEO

“GST is a part of a large numbers of steps being undertaken by the Government of India to transform and improve India’s soft Infrastructure . This is the latest project undertaken by the Government of India between Centre and State Governments join

India launches new economic era with sales tax reform

By Rajesh Kumar Singh

NEW DELHI  - India early on Saturday introduced its biggest tax reform in the 70 years since independence from British colonial rule.

The Goods and Services Tax (GST) replaces more than a dozen federal and state levies and unifying a $2 trillion economy and 1.3 billion people into one of the world's biggest common markets.

Fitch Ratings maintains negative outlook on banking sector

 Fitch Ratings maintained the negative outlook on the Indian banking sector based on an assessment on the sector's core capitalisation, a top official of the ratings agency said on Wednesday.

"We have maintained the negative outlook on the sector and the large part of that is from our concerns on capitalisation levels at public sector banks and how they have eroded becau

Difference of opinion between RBI, government is not bad: Y.V. Reddy

Difference of opinion between Reserve Bank of India and the government is not a bad thing at all, says former RBI Governor Y.V. Reddy, whose differences with the then Finance Minister P. Chidambaram in 2004 on opening the banking system to foreign ownership made him consider quitting the post.

Reddy, the RBI Governor between 2003 and 2008 who has written an autobiography '

Narendra Modi-Trump summit: Hugs, business and support for India

If hugs and handshakes are markers to personal and bilateral relationships, then the first get-to-know meeting between Indian Prime Minister Narendra Modi and US President Donald Trump seems to have been singularly successful.

The optics -- as seen on TV -- showed Trump proffering his hand of friendship to Modi -- he called him a "true friend" more than once in the course of

Factbox: India's complex Goods and Services Tax

NEW DELHI - India is launching a new national Goods and Services Tax (GST) on July 1 that will unify its $2 trillion economy and 1.3 billion people into a single market for the first time.

The GST embodies the principle of "one nation, one tax, one market", according to the government. But in practice the Indian version is more complex and will be tough

Identifying contrarian investment strategies that work - Motilal Oswal

It pays to be different

Identifying contrarian investment strategies that work

Contrarian investing is a time-tested investment tool, which involves buying/selling stocks that goes against the prevailing sentiment of crowd or the market. It is among the first lessons taught to budding investors and literature on the subject

India Strategy Measuring the fiscal cost of farm loan waivers - ICICI Sec

Measuring the fiscal cost of farm loan waivers

State fiscal deficit trend has been rising in the recent past on capex growth and UDAY bonds …:

Combined state fiscal deficit trend has been challenging over the past few years although quality of spending has been improving due to higher outlay for capital spending and a

World Bank, AIIB co-financing for Andhra power project

The Indian government on Thursday signed an agreement with the World Bank and the Asian Infrastructure Investment Bank (AIIB) for co-financing loans worth $570 million for the 'Power for All' project in Andhra Pradesh.

The total cost of the project is $570 million, of which $240 million is from the World Bank arm International Bank for Reconstruction and Development (IBRD) and

E-payments will support China`s economic rebalancing: Moody's

The rapid rise of third-party electronic payments is boosting China's online consumer market growth and it will support its economy's rebalancing, a Moody's report said.

The value of the third-party e-payments in China has grown at an annual rate of more than 100 per cent since 2015, offering consumers an alternative to banks' payment channels at lower transaction cost

RBI's move on NPA resolution credit-positive for banks: Moody's

Global credit rating agency Moody's Investors Service on Monday dubbed as 'credit-positive' for Indian banks the RBI plans to resolve 12 large bank loan accounts accounting for 25 per cent of the banking system's non-performing assets (NPA).

The rating agency said it expects that the effectiveness of the resolutions under the Insolvency and Bankruptcy Code (IBC), 2016,

Tata Technology stake acquisition valuations could stimulate L&T Technology - Equirus Sec


Warburg Pincus has agreed to invest $360 million (Rs 2,300 crore) for a 43% stake in Tata Technologies Ltd (TTL). The deal implies a value of $837 mn for TTL. Below we compare and contrast growth/valuation metrics of TTL and L&T Technology Services. About TTL: TTL remains focused upon maintaining its leadership in three critical market segm

Gold Shines at India INX GIFT IFSC

The Federal Reserve raised U.S. interest rates by 0.25%, in June FOMC meeting. The FOMC statement also said U.S. inflationary pressures have eased a bit recently. After digesting the FOMC statement, the marketplace deemed this Fed meeting as more hawkish on U.S. monetary policy. The gold market started to erode right after the FOMC statement and due to increase in volatility the volumes of gold

IT spend in Indian banking and securities industry to grow 8.6% in 2017

 IT spending by banking and securities companies in India will grow 8.6 percent in 2017 to reach $8.9 billion, research and advisory firm Gartner said on Friday.

IT services will grow the fastest at 13.8 percent in 2017 followed by software at 13.4 percent. 

Firms in the banking and securities industry are investing more in enterprise resource planning (E