- Paytm is in talks to raise fresh funds of Rs 2000 crore ($300 million) from Goldman Sachs, MediaTek and Temasek. This round of funding would double Paytm's valuation to $5 billion. The e-commerce marketplace is also expected to enable Alibaba's launch in India. ET
- Real estate prices are falling in Delhi NCR and Mumbai according to a Knight Frank report, due to poor demand and landowners are offering discounts as high as 30% to property developers. LiveMint
- SEBI is looking into relaxing norms for startups, real estate and investment trusts. Consultation is underway and the board is set to discuss new norms next month. Firstpost
- Disney's plans to expand its India operations, intensifying competition, and recent box office failures are forcing Balaji Telefilms to consider an exit from the films business. It has currently stopped greenlighting new movies. BS
- Photo of the Day: More than 50 robots dance in Shandong, China during a cultural industries fest. The robots are connected to cellphones which provide instructions on the different actions to perform. Guardian/Getty Images
