cbe news.pdf

7/29/2019 CBE News.pdf

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Weekly News

By,

Bhoopala (38)

Bianca (39)

Bibhu (40)

Chandu (41)


2/38

RBI

Rates down by 25bps

Loan Recast Proposal

Budget 2013

Walmart Lobbies

Online Data Bank

Financial News


3/38

Cuts repo rate by 25bps i.e. from 8% to 7.75% and reverse repo

rate by 25bps i.e. from 7% to 6.75%.

CRR of scheduled banks is also reduced by 25bps to 4% from 4.25%

with effect from 9 feb, 13.

18k liquid cash injected to banking system.

SLR is kept unchanged at 23%.

Growth forecast is revised to 5.5% from 5.7%

Inflation rate is expected to fall down to 6.8% from 7.5%

RBI cuts policy rates by 0.25%


4/38

Proposal for increase in the money that banks have to

set aside for restructured loans.

From April 1, 2015, banks have to set aside 5% of theloan value as provision towards that loan going bad,

instead of the 2.75%

Increase will be in a phased manner to 3.75 by end of

2013-14, and to 5 percent by 2014-15.

Why banks are worried? Why RBI is tightening?

RBI proposes loan recast


5/38

Slashing the annual budget because of poor financial

health of the economy.

Tribal Affairs Minister V Kishore Chandra Deo refused

to get into specifics but said "if such a huge cut is done

in the budget for a ministry like his, then hardly

anything will be left for it".

Defence Ministry also suffered a cut of Rs 12,000 crore

in the revised budget of Rs 1.93 lakh crore in the

current fiscal.

Budget13 cuts upto 24%


6/38

The global retail giant has spent a total amount of $

6.13 million during 2012.

According to latest Congressional records a total

amount of $1.48million (Rs. 8 crores) has been spent

during the last quarter.

Total lobbying bill more than $ 34 million (Rs. 180

crore) since 2008

Walmart continues lobbying


7/38

Setup by the Fin Min for effective coordination and

publication of various inputs pertaining to illegal funds,

black money and tax fudging.

Act as Financial Intelligence System for monitoring

Suspicious Transaction Reports (STR) generated by FIU,

India

Representatives from Central Board of Direct Taxes(CBDT), Directorate General of Revenue Intelligence

(DRI), Central Economic Intelligence Bureau (CEIB),

Directorate General of Central Excise Intelligence (DGCEI)

Online Data Bank

to check Black Money


8/38

India has lost a whopping USD 123 billion in black money

during in last decade

As many as 13, 871 STRs were dispersed by the FIU-Ind during

2011-12.

10,956 were passed on to CBDT

1,615 to Enforcement Directorate

1,130 were shared with CBEC, DRI and DGCEI

117 STRs were shared with Securities and Exchange Board of India

( SEBI) 51 with Reserve Bank of India (RBI) and

2 with Insurance Regulatory and Development Authority ( IRDA).

Online Data Bank

to check Black Money


9/38

Car sales muted in 2013

Cement prices improve

Indian Pharma to grow 20%

Harley Davidsons new target customers

Manufacturing Industries News


10/38

Due to high interest rates and price hikes, leading to a 13%

fall in January car sales, with Tata

Motors, Toyota and Ford suffering the worst declines.

The change in price differential between petrol and diesel

prices has increased interest in petrol cars.

Car Sales remain muted in 2013


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Car Sales remain muted in 2013


12/38

Prices improved primarily to compensate for the

declines in the month of November and December.

Demand on the other hand remained weak in almost

all the regions.

Weak demand and lower realisations have been thereasons for the declines.

Cement prices improve in Jan,

demand remains weak


13/38

Top Indian pharma players will continue to grow strongly at

over 20 per cent in 2013, primarily led by exports to the US

market

Due to patent cliffs and recent changes in healthcare policies.

Affordability and availability will make a case for generics

usage in the branded generic developing markets

India Ratings said R&D spends may continue to increase in

2013 as well as Indian players have started targeting complex

chemistry products

Indian Pharma Co.

to grow 20% in 2013


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Robust new product pipelines may bear fruit in 2013 on

commercialisation. Incremental capex requirements

The pharma industry has also performed well on exportsfront, too, with exports having been increased from Rs 386

billion in 2008 to Rs 775 billion in 2012.

Rising income levels and increasing access to healthcarefacilities will continue to drive demand for generics in

'pharmerging' markets like China, Brazil, India, Russia and

other countries.


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Considering the global trend of women taking to

bike-riding.

As much as a quarter of registered motorcycleowners in US are women, Karen Davidson, the

great-granddaughter of Harley Davidson co-

founder William Davidson and Creative Director of

Harley-Davidson company.

12 per cent of the brand new bikes are sold to

women.

Harley Davidson

to target women


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iSPIRT

Blackberry 10

Facebooks Mobility

Technology


17/38

Indian Software Product Industry Round Table

30 Indian software product companies

NASSCOM has promised support

iSPIRT


18/38

Bharat Goenka considered fatherof the Indian software product

industry, Nasscom's first and only

Lifetime Achievement Award

winner.

"A few good software

services companies

may be good enough

to serve the top 500hospitals in India. But

if you want to address

500,000 or more

hospitals around the

country, you cannot

do it without software

products


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Sharad Sharma,Brand Sigma

Vishnu Dusad,

Nucleus Software

Naveen Tewari,

InMobi


20/38

Objective : Share expertise, experiences, and create

a larger awareness in society and government about

the industry's critical role.

Initial efforts would be directed towards creating the

knowledge bank and environment required for

developers to explode.

iSPIRT


21/38

% GDP Estimated 7.5 per cent in FY2012

FY2012 - Milestone year : Industry-aggregate

revenues to cross the USD 100 billion mark, exports

at USD 69 billion

iSPIRT


22/38

13% 87%

58% 23% 19%


23/38

Software product exports to reach USD 1.5 billion,

y-o-y growth of 13 per cent, driven by mobility and

cloud applications, SMBs

Domestic software products segment is set to grow

to Rs. 180 billion in FY2012, a growth of 13 per cent

over FY2011 driven by the need to replace legacysystems, technology advancements around cloud,

mobility, etc.

iSPIRT


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The problem of scalability arises in software services

because of its total dependence on people to

implement solutions.

There are 3-4 billion people living in countries similar

to India who can be serviced by Indian product

companies.

"Once society recognizes our value, we hope toinfluence the government to create better taxation

and policy frameworks," Sharma says.

iSPIRT


25/38

RIM dead. BlackBerry Rises.

End of in-and-out paradigm

Z10 and Q10

Balance, Flow, Hub, Remember.

Z10 - $149 to $199 with wireless contract

BlackBerry 10


26/38

90% 4.7%


27/38

Uncertainty in US release date

UK release first

Z10 Not until March

Q10 Not until April

BB fans upset especially about Q10

Price point not convincing.


28/38

Stock X2 since late September : CEOs strategy and

early buzz about the BlackBerry 10.

Shares tumble 17 percent

6 Buy; 19 Hold: 21 Sell

Super Bowl ad Feb 3 - $4 million - CBS


29/38

Today, there is no argument. Facebook is a mobile

company. ~ Mark Zuckerberg

New products Hang out with us.

Facebook graph

Social Gifting

Upgrades for mobile Apps

facebooksMobility


30/38

Q3 -1.01 billion Q4 -1.06 billion.

Mobile : Q3 - 604 millionQ4 - 680 million

More people on mobile every day than on desktop

680 million people (64.2 %) are Mobile

Q4 - $306 million (23 %) of total advertising revenue

Q3 -14 %

Doing it right

facebooksMobility


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$6.97 billion U.S. mobile-ad market.

Projections : Google to grab 57 %, and Facebook will remain a

distant No. 2 with 12 %

Plans to increase expenses 50 percent this year to hire staff

(4,619 employees)and roll out new tools for advertisers

Our ability to monetize our mobile products.

facebooksMobility


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Net income fell 79 percent to $64 million last quarter as

operating expenses jumped 82 percent,

Q4 operating margin declined to 33 percent from 48 percent

a year earlier, while costs rose to $1.06 billion from $583million.

The stock fell as much as 8 percent as investors weighed near-

term lower profit against the prospect of future growth.

Wall Street tends to be forgiving of higher spending duringhigh-growth periods when new products are being built,

facebooksMobility


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President Rule in Jharkhand

Ordinance on Sexual Assault

Karnataka Assembly meet

Viswaroopam ban lifted

Socio-Political

News


34/38

Ten days after it plunged into political crisis, Jharkhand was

today brought under President's Rule for the third time since

its formation 12 years ago.

The Union Cabinet had yesterday recommended imposition

of President's Rule, where Chief Minister Arjun Munda has

resigned after his government was reduced to a minority.

Presidents Rule

imposed in Jharkhand


35/38

President Pranab Mukherjee on Sunday gave his assent to

the ordinance on sexual assault which was approved by the

Union Cabinet

The changed law has provision of death penalty for cases of

rape which lead to the victim's death or push her into a

persistent vegetative state.

Ordinance

on Sexual Assault


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The joint session of the Karnataka legislature begins

here today

Against the backdrop of political uncertainty in the

state after resignation of 13 BJP legislators loyal to

the B S Yeddyurappa's outfit

Karnataka Assembly

meets amid political uncertainity


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Political play has come to an end after Kamal Hassan

agreeing to delete 7 scenes and Mute few dialogues.

Movie to hit screens in TN on Feb 7th.

Viswaroopam ban lifted


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