BRAMMA EXPOSURE:7

1. News

2. AI, automation to be next disruptions for Indian
businesses: Report
Indian business landscape is likely to be influenced by trends
like artificial intelligence, automation and digital currencies in
the second half of this year, says a report.
The Sanctum Wealth Management's Mid-Year Investment
Outlook report for 2017, which identified key trends that are
likely to influence asset allocation decisions, noted that
companies with disruptive leadership will thrive.

3. High GST may taper leasing industry
growth
The estimated Rs 5500 crore capital good leasing sector growing
at 15-20 per cent may get tapered due to high Goods and
Services Tax (GST) along with few other issues.
"The GST rate of 28 per cent is high for the leasing industry
when compared to the earlier five to 15 per cent tax burden.
Higher GST rates lead to requirement of higher working capital
at any point of time. This results in increasing the cost of leasing
an equipment,"

4. PepsiCo's Indra Nooyi comes under fire as Trump
council splinters
PepsiCo Chief Executive Officer Indra Nooyi is being targeted by
Color of Change, a nonprofit racial-justice group that has
previously gone after Uber Technologies Inc. and Walt Disney
Co.
The organization is pressuring Nooyi to step down from Donald
Trump’s business-advisory council after the president was slow
to condemn white-supremacist violence last weekend in
Virginia. Campbell Soup Co. CEO Denise Morrison, another
Trump adviser, will be a target of the campaign

5. Sumit Dhingra may join Tatas as retail
strategist
Tata Group may hire Sumit Dhingra, a senior banker from
private equity fund Everstone Capital who specialises in the
consumer and F&B sector, to help strategise its consumer and
retail facing businesses.

6. 'CEOs must be able to manage
ecosystem'
Managing relations with founders and key stakeholders has
emerged as a vital lesson for CEOs from the Infosys saga.
Industry leaders and HR experts said transformation of an
enterprise such as Infosys, which is steeped in legacy, especially
with an outsider CEO, was not possible without a clear
alignment with the company's founders. At the same time,
experts said promoters, too, need to change their outlook and
not confuse the values of an organisation with personal
lifestyles.