Friday, July 24, 2015

July 24, 2015 - Interview: News Corp's plans for India and how real-estate is a fit

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Digital
Interview: News Corp's plans for India and how real-estate is a fit
Interview: News  Corp's plans for India and how real-estate is a fit - The Indian Express
An interview with Raju Narisetti, Senior Vice President, Strategy, News Corp, who has been instrumental in the company's investments in India

Digital
Snapdeal's Ashish Chandra talks about challenges that ecommerce marketplaces are facing in India
At a conference on Ashish Chandra, General Counsel at Snapdeal spoke fairly openly about the challenges that ecommerce marketplaces are facing in India, at

Digital
Mobile advertising firm Madhouse India launches startup connect platform Madlabs
Mobile  advertising firm Madhouse India launches startup connect platform Madlabs - Economic Times
Madhouse India today said it has launched a startup connect platform 'Madlabs' to recognise and showcase mobile advertising solutions.

Digital
Here's how Germany wants to help Indian tech startups
The world wants a share of the start-up pie in India like never before. And Germany isn't far behind. While the country has expressed its interest in helping


Retail
Investors bet on last-mile logistics
Growing demand in the logistics sector due to boom in e-commerce is the reason

Retail
Retail space addition low in 2015 first half, second half to see addition of 6 million sq ft
At present global as well as domestic Food and Beverage (F&B) retailers, followed by value retailing, remained the key demand drivers for store space in the country.

Retail
And India's favorite eCommerce brands on twitter are…
eCommerce is going great guns in India. Indians, who were earlier averse to the idea of online shopping, are now purchasing more and more stuff online—including


Telecom
'As in China, 4G can be a game-changer in India too'
'As in China, 4G can be a  game-changer in India too' - Newsx
New Delhi: As Indian companies ready themselves to launch and expand their fourth generation (4G) telecom services, industry analysts expect the advent of the technology to prove a game-changer as in China, but also forecast a shakeout that could rattle incumbent players. "TD-LTE (China's long-term evolution, or 4G standard) has proved to be a game-changing technology shift in China by providing incumbent China Mobile a working data network. This is facilitating improved data monetisation, particularly as compared with its WiFi network," says Credit Suisse.

Telecom
Telecom Minister Reiterates Net Neutrality Recommendations Not Final
Telecom Minister Reiterates Net  Neutrality Recommendations Not Final - Economic times
The minister said rule under Indian Telegraph Rules provides that service providers shall put in place adequate internal checks to ensure that unauthorised interception of messages does not take place.

Telecom
Madras high court permits Sun Group to take part in FM auction
Justice M Sathyanarayanan, who gave the relief hours before the mock auctions on Thursday, however, asked the Union ministry of information and broadcasting to keep the results of auctions in a sealed cover. It then filed six writ petitions in the court saying Clause 2.2(b) of the Information Memorandum and Clause 3. 2(b) of the Notice Inviting Application said that only a company controlled by a person convicted for an offence involving moral turpitude or money laundering or drug trafficking or terrorist activities or declared as insolvent will not be eligible to apply.

Telecom
2G case: court to hear ongoing final arguments on July 27
Press Trust of IndiaNew Delhi, Jul 22 (PTI) The ongoing final arguments in the 2G spectrum allocation scam, in which former Telecom Minister A Raja, DMK MP Kanimozhi and 15 others including some top corporate executives are facing trial, was today deferred for July 27 by


Finance

Finance
Cairn India's merger with Vedanta may fall through
Cairn India's merger with  Vedanta may fall through - Business Standard
Majority of minority shareholders say no to merger move

Finance
Banking services exempt from GST?
SBI pointed out that a high GST rate will increase the cost of banking services, including those that are for the poor

Finance
Govt proposes to take away RBI governor's veto power in deciding monetary policy
Revised draft Indian Financial Code proposes to give RBI governor an additional vote in case of a tie in the monetary policy committee meeting


Food/FMCG
After Maggi noodles, Nestle halts pasta supply to change labelling
After Maggi noodles, Nestle  halts pasta supply to change labelling - ET
FSSAI has said that packaged foods with ingredients that naturally contain monosodium glutamate cannot declare 'no added MSG on packs.

Food/FMCG
How to say no to sugary drinks
With the demand for sugary beverages increasing, researchers say that India is drinking to its harm with every passing day.

Food/FMCG
FSSAI proposes banning health supplements sale as 'medicines'
FSSAI proposes  banning health supplements sale as 'medicines' - ET
Clamping down on mis-labelling of 'health supplements', food safety regulator FSSAI proposed banning sale of these products as 'medicines'.

Food/FMCG
FSSAI justifies Maggi noodles ban before Bombay HC; says would give hearing to Nestle
FSSAI  justifies Maggi noodles ban before Bombay HC; says would give hearing to Nestle - ET
Food Safety Standards Authority of India (FSSAI) today justified the ban on Maggi noodles before the Bombay High Court.


Software
Wipro doles out 10-15% wage hike for best performers at Wipro get 10-15% and average hike at 7%
Wipro doles out 10-15% wage hike  for best performers at Wipro get 10-15% and average hike at 7% - Economic Times
The Bengaluru-based firm hands out promotions twice a year, in June and December. It will promote another set of employees in December.

Software
BlackBerry to buy messaging alerts firm AtHoc : Plans to enhance networked crisis communication
BlackBerry Ltd said that it is buying privately-held AtHoc, a provider of secure, networked crisis communications, as it moves to broaden its software offering and generate revenue from its BBM messaging service.

Software
TCS, Cognizant and Infosys emerge as the top employers in FY15, says Nasscom
TCS, Cognizant  and Infosys emerge as the top employers in FY15, says Nasscom - Economic Times
About 1.25 million, little more than the one-third of current workforce of IT and BPO employees were employed in these 20 firms during 2014-15 financial year, Nasscom President R Chandrashekhar said here on Thursday.

Software
Wipro meets expectations : Q1 consolidated net profit at Rs 2190 crore vs 2272 crore QoQ
With each passing quarter of unimpressive growth, more and more investors will get impatient, and Wipro's discount to its peers may only widen


Ecommerce
Flipkart appoints Krishnendu Chaudhury as Head of Image Sciences; to focus on Deep Learning Convolutional Neural Networks for object recognition
Flipkart appoints Krishnendu  Chaudhury as Head of Image Sciences; to focus on Deep Learning Convolutional Neural Networks for object recognition - Economic Times
Krishnendu Chaudhury has been named the Head of Image Sciences at leading e-commerce portal Flipkart.

Ecommerce
Financing in venture capital-backed companies in India soars to a total of $2.3 billion in the second quarter of this year, doubling from the January-March period
Financing in venture  capital-backed companies in India soars to a total of $2.3 billion in the second quarter of this year, doubling from the January-March period -  Economic Times
Financing in venture capital-backed companies in India soared to a total of $2.3 billion in the second quarter of this year, doubling from the January-March period.

Ecommerce
E-commerce spiritual portal Wheresmypandit.com plans to expand its footprint in seven cities beyond Mumbai and Pune during the current festive season
E-commerce spiritual portal  Wheresmypandit.com plans to expand its footprint in seven cities beyond Mumbai and Pune during the current festive season - Economic Times
Wheresmypandit.com plans to expand its footprint in seven cities beyond Mumbai and Pune during the current festive season.

Ecommerce
Wal-Mart Stores acquires the remaining shares in Chinese e-commerce business Yihaodian, taking full ownership
Wal-Mart Stores acquires the  remaining shares in Chinese e-commerce business Yihaodian, taking full ownership - Economic Times
Wal-Mart said in a statement that Yihaodian will be led by Wang Lu, president and CEO of Walmart Global eCommerce in Asia.


Franchise
Billion-dollar cracker for Diwali: Flipkart, Snapdeal shore up capital for upcoming festive season
Billion-dollar cracker for  Diwali: Flipkart, Snapdeal shore up capital for upcoming festive season - Economic Times
Flipkart is said to be raising $1 bn from existing investors at a post-money valuation of $15 bn, according to two sources familiar with the plan.

Franchise
The steps that can lead you to success in franchising
The steps that can lead you to  success in franchising - Franchise.Org
Making any business reach its full potential takes talent. If you've selected your franchise well, your franchisor will be able to help you avoid many of the mistakes new, independent start-up businesses make. Here are some keys for franchise success.


HR
Rahul Yadav, ex-CEO of Housing.com says,"I will be back"
Rahul Yadav, ex-CEO of  Housing.com says,
Yadav bares his soul and sheds some light on the events that transpired at his previous workplace and his personal life.

HR
Girls in India battle for education, work opportunities
More than half of the large IT companies in India are in favour of lateral hiring unlike the previous years, says Nasscom. The shift in preference is in-line with

HR
Are you Skilled for the job
Skilled for the jobThe Statesman (press release)For instance, when the East India Company resolved to trade in tea from India, it needed to procure the appropriate plant from China, clear suitable forests in Darjeeling and Assam, relocate workers from Nepal and Chotanagpur.

HR
​Three Efficient Ways to Improve Employee Engagement
Employee engagement today is a huge challenge for companies and organisations.


Logistics
Alstom-ATSA gets the Dedicated System Contract Award for Rs 1497 cr on Eastern Corridor of Indian Railways; will electrify the signalling system
The system contract has been awarded for the 343-km long Bhaupur- Khurja section to Alstom India-ATSA joint venture, said a senior DFCC official.

Logistics
RS panel okays GST bill, suggests five-year central compensation
The Select Committee of the Rajya Sabha on the Goods and Services Tax Bill has advised changes in provisions relating to compensation for states and on levy of one percent additional tax by states on the inter-state supply of goods.

Logistics
Now travel with washing facilities: Haier unveils the Revolutionary CODO – World's First Pocket Washing Machine
By Y.S. RanaCHANDIGARH: Now not one has to worry about getting embarrassing stains on the move or while eating.. Haier, the global leaders in home appliances and consumer electronics and world number one brand in major appliances for the sixth consecutive year, has achieved another path breaking milestone with the launch of world’s smallest pocket washing machine.

Logistics


Construction
Banks under scanner in Haryana over land funds scam
Sources said that the irregularities took place during 2012-14 when crores came to the revenue department officials of Panchkula to disburse among the farmers for land acquisition near Panchkula. The money was transferred to multiple accounts of private persons not connected in any way with land acquisition. The officer had allegedly opened an unofficial account in the name of DRO-cum-LAC (land acquisition officer) to transfer crores to this account and to further give to some people.

Construction
Govt fixes July 31 deadline for construction of toilets in schools
Govt fixes July  31 deadline for construction of toilets in schools - Times of India
Toilet in schools: Govt fixes July 31 deadlineA total of 44,002 toilets are under construction in 29,071 schools of the state, of which 13,049 are being constructed by the Odisha Primary Education Programme Authority (OPEPA), 30,694 to be constructed by different Public Sector Undertakings (PSUs ...Odisha: Collectors asked to complete school toilet projects by July 31IBNLiveOdisha Govt fixes July 31 deadline for completing construction of toilets in ...Odisha Samayaall 20 news articles »

Construction
Panel on real estate bill seeks extension as opposition wants more time to go through the report
The parliamentary joint committee on amendment to Real Estate Bill is unlikely to submit its report on Friday, the deadline set for it.

Construction
Govt's housing scheme can boost GDP by Rs 15 trillion, According to India Ratings
Govt's  housing scheme can boost GDP by Rs 15 trillion, According to India Ratings - Financial Express
The Centre's housing for all project is expected to give the economy a Rs 15-trillion boost over the next 7 years.


Marketing
Lessons from Rahul Yadav saga : why you shouldn't call your investors dumb
Some of Rahul Yadav's statements might make even the enfants terribles of Silicon Valley blanch, but some would envy his aggressive expansion

Marketing
AOL CMO Says Content Marketing Is About Value, Not Advertising : A CMO's View
AOL CMO Says  Content Marketing Is About Value, Not Advertising : A CMO's View - Marketing Land
Since being named CMO in January, Allie Kline has led the launch of Partner Studio by AOL, an in-house custom content creation division.

Marketing
Apple's big test in India : how to gain volume and meet aspiration
Apple's big  test in India : how to gain volume and meet aspiration - Reuters
With only a tiny share of the world's fastest-growing major smartphone market, Apple Inc is stepping up its push into India, with a first targeted TV advertising campaign, expanded

Marketing
Hyundai, Honda making rigorous pitches to capture Indian market
Hyundai, Honda making rigorous  pitches to capture Indian market - Businessinsider India
When launched, Hyundai's MPV will take on the likes of the Honda Mobilio, the Renault Lodgy and the Mahindra Xylo.


Politics
Gracious of PM Modi for praise, but Cong's demands for resignations stays: Tharoor

Apparently in a spot of bother over Prime Minister Narendra Modi's effusive praise of his speech at Oxford University, Congress leader Shashi Tharoor on Thursday night sought to downplay it and said his party's demands on the resignation of BJP ministers remain.

Politics
Laughable that anyone can call himself the govt: Kejriwal slams Delhi LG Jung in a letter

Chief Minister Arvind Kejriwal on Thursday slammed Lt Governor Najeeb Jung for his assertion that 'Government' in Delhi meant the LG.

Politics
Teesta Setalvad's NGOs respond to Home Ministry, deny financial irregularities

Facing closure notice, activist Teesta Setalvad's two NGOs - Citizens for Justice and Peace and Sabrang Trust - have conveyed to the Home Ministry that they have done no financial irregularities and no foreign contribution was misused by any of its office bearer.

Politics
Tumse na ho payega: What Kejriwal's radio ad seems to tell Modi about controlling Delhi Police

While the police is up in arms against Kejriwal for referring to them as 'thullas' this ad comes as a defiant dismissal of their protest and a counter-attack.


Sports
India tour of Sri Lanka: Problem of plenty for Test captain Virat Kohli

Selectors have done their bit by giving Virat Kohli the best 15 to pick his playing XI in Sri Lanka. It will now require Virat's acumen to field a balanced combination during the tour.

Sports
Amit Mishra back in the Test squad: Here's what they said on Twitter

Amit Mishra makes a return to the Test squad after a long gap of four years.

Sports
Virat Kohli to play 2nd unofficial Test against Australia 'A' in Chennai

India Test skipper Virat Kohli mooted the point of playing a first class game.

Sports
Quinton de Kock fined 75% of his match fee for barging into Tamim Iqbal

Quinton de Kock and Tamim Iqbal were involved in a shoulder-barging incident at the stroke of lunch on Wednesday.


Entertainment
'Baahubali 2′ will resume shoot on September 15

"We will start shooting from September 15. By then, all of us would've returned from our holidays," Prabhas said.

Entertainment
'Jurassic World' becomes 3rd highest grossing movie

Chris Pratt starrer "Jurassic World" has become the third highest grossing movie at the worldwide box-office of all time following "The Avengers" and 1997 epic "Titanic".

Entertainment
I celebrate failure, since it teaches you more than success: Anupam Kher

Anupam Kher, who will be next seen in "MS Dhoni – The Untold Story", says he celebrates failure and feels that it has an immense power to motivate.

Entertainment
I am so happy to be turning 40: Charlize Theron

"Forties rock. People are so concerned for me. It's okay," Charlize Theron said.


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