Proposed norms for P2P lending: A setback for cash-poor but promising startups?
“The world as we have created it is a process of our thinking. It cannot be changed without changing our thinking.”
Are Indian banks ready for analytics?
When I started my career in banking in the 1980’s, banking was often referred to as the 3-6-3 business in the US, as bankers would borrow funds at 3% from the depositor, lend the money at 6% and were off to the golf course by 3 o’clock. Today, technology has revolutionised banking, enabling customers to manage their dealings with banks, i.e., what was once Customer Relationship Management (CRM) has now become Customer Managed Relationship (CMR).
Stamp duty: Achilles' heel of M&A deals
Any M&A activity in India has to find its way through an intricate maze of regulatory complexities. Stamp duty is one of the major compliance formalities that make successful commercial closures of M&A deals a nightmarish challenge for M&A lawyers and investment bankers.
Things only get worse in the case of listed entities. It’s high time the government rationalised stamp duty provisions. Ease of doing business should be a priority even for deals happening on the home turf. It shouldn't be reduced to a 'showcase initiative' to lure overseas players alone.
FDI norms in e-marketplace: Protecting offline retailers
Shell companies are likely to come up soon, making a mockery of the 25 per cent cap.
The curious case of Flipkart's valuation
A counter-intuitive take on the brouhaha over Flipkart's declining value.
How to survive and scale in hyperlocal e-commerce
Mom-and-pop shops are key to solving the mystery.