Monday, July 27, 2015

July 27, 2015 - Tiger Global-backed ShopClues wants to be the ecommerce operating system on cloud

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Digital
Tiger Global-backed ShopClues wants to be the ecommerce operating system on cloud
Tiger  Global-backed ShopClues wants to be the ecommerce operating system on cloud - Economic Times
As online market-places in India transition to offer a bouquet of products and services, ShopClues wants to be the ecommerce operating system on cloud.

Digital
US-based chat agents provider [24]7 sets up new office in Bangalore, to hire 1000 people
US-based [24]7 today said it has set up a new delivery centre in Bengaluru and will hire about 1,000 people to support its global growth.[24]7 is one of the world's largest providers of chat agents, with 5,000 chat age

Digital
Why no room for her? Technology has failed to make e-commerce gender diverse
Why no room for  her? Technology has failed to make e-commerce gender diverse - The Indian Express
The e-commerce sector in India is going through an unprecedented surge. Yet, the number of women who are part of this growth story is strikingly few. What holds them back and how has it changed the lives of the few who have broken through

Digital
India catching up with US in online travel bookings: Report
India catching up with US in  online travel bookings: Report - Tech in Asia
The spread of mobile apps and rise in online hotel bookings are the main drivers of this surge.


Retail
How Nakul Bajaj's online marketplace Darveys offers global luxury brands at upto 70% discount
How Nakul Bajaj's online  marketplace Darveys offers global luxury brands at upto 70% discount - Economic Times
A members-only site, Darveys says it has exclusive tie-ups with 300 small luxury boutiques and vendors across the globe that ship top luxury brands.

Retail
Reliance Industries to Launch Telecom Venture With Over 1000 Stores
Reliance  Industries to Launch Telecom Venture With Over 1000 Stores - NDTV
The energy conglomerate run by the countrys richest man, Mukesh Ambani, re-entered the telecoms sector in 2010 and has already invested over $15 billion in building the countrys largest 4G broadband network, with commercial operations expected to start in December.

Retail
Amazon wants to build drive-up grocery stores
Amazon wants to build drive-up  grocery stores - Engadget
If you enjoy the luxury of ordering groceries online but would rather not wait at home for your food deliveries, Amazon might soon come to your rescue. Silicon...

Retail
Pricing Survey: Yes, Jet.com Is Undercutting Amazon And Walmart
Pricing Survey:  Yes, Jet.com Is Undercutting Amazon And Walmart - Forbes
Jet.com promises the lowest prices online. So far, according to new price comparison research, the site is doing just that.


Telecom
Telecom spectrum auctions likely in early 2016, to include frequencies in the 2G, 3G and 4G bands
Telecom spectrum auctions likely  in early 2016, to include frequencies in the 2G, 3G and 4G bands - Economic Times
The Department of Telecommunications (DoT) is planning another bumper auction of telecom spectrum that may even surpass record sales in March

Telecom
Reliance Industries to Launch Telecom Venture Jio With Over 1000 Stores in December
Reliance  Industries to Launch Telecom Venture Jio With Over 1000 Stores in December - NDTV
India's Reliance Industries Ltd will launch its ambitious 4G telecoms venture in December through a direct physical presence in over 1,000 Jio Centers.

Telecom
4G bandwagon: Airtel to roll out services before Reliance Jio
4G bandwagon: Airtel to roll out  services before Reliance Jio - Business Standard
Bharti Airtel on Friday started 4G trials for its customers in Rourkela, the third city in Odisha to get access to 4G connectivity..

Telecom
Telcos' toplines hit by fall in interconnection charge
Telecom operators' service revenue growth took a beating in the first quarter of this financial year due to a reduction in interconnection usage charges. However, the decrease was offset


Finance
HDFC Bank to roll out 'micro-ATMs' across India
Micro-ATMs are capable of even biometric verifications using Aadhaar, including instant e-KYC for customers.

Finance
Macquarie loosens purse strings for Indian infrastructure assets
The firm is investing Rs750-780 crore in a subsidiary of Ind-Barath Power, its second transaction in India this year

Finance
Is it time to buy gold? A little wait may be worth it
Is it time to buy gold? A little  wait may be worth it - Economic Times
Thinking of accumulating gold because of the steep decline in prices in the past two weeks? Analysts feel this is not the time to go bottom fishing.

Finance
IDFC receives final RBI nod to start bank
The licence is the final step for the firm and means that it can now start banking operations


Food/FMCG
New Nestle India Head Looks to Rebuild Brand's Reputation
New Nestle India Head Looks to  Rebuild Brand's Reputation - Wall Street Journal
Nestlé will use advertising and social media, as well as the courts, to try to repair the damage done to its reputation by a recent food scare in India.

Food/FMCG
Health conscious urban consumers sip on functional beverages
Health conscious urban consumers  sip on functional beverages - Economic Times
Functional beverages are non-alcoholic drinks that include yoghurt & dairy drinks, sports & performance drinks, functional milk, enhanced water etc.

Food/FMCG
No food is 'chemical free', shows research
No food is 'chemical free',  shows research - ET
No matter what the companies selling detox products say, in reality chemicals are in everything we eat -- though all may not be unhealthy.

Food/FMCG
Net sales drop for third straight quarter as demand stays tepid
Aggregate net sales of 275 BSE-listed firms fell 2.78% from a year ago in the June quarter; net profit rose 9.12%


Software
Startups pushing consumerism and helping to increase customer stickiness for ecommerce apps
Startups pushing consumerism and  helping to increase customer stickiness for ecommerce apps  - Economic Times
At least half a dozen ventures have emerged around the estimated Rs 94,500-crore Indian ecommerce industry, capitalising on its bid to fuel transactions on mobile phones

Software
US-based [24]7 sets up new delivery centre in Bangalore : Will hire 1000 people
US-based [24]7  sets up new delivery centre in Bangalore : Will hire 1000 people - Economic Times
US-based [24]7 today said it has set up new delivery centre in Bangalore and will hire about 1,000 people to support its global growth.

Software
New virus 'Golroted' prowling Indian cyberspace : Targets banking and personal info
Virus targeting banking, personal info prowling IndianPress Trust of Indiaall 10 news articles »


Ecommerce
Amazon posts anomalous profit; posts second quarter profit of $92 million on sales of $23.19 billion; Wall Street swoons
Investor enthusiasm for Amazon.com Inc is pretty consistent: the stock tends to rise, even though the company isn't consistent about making profits...

Ecommerce
Spencer's Retail plans to enter the ecommerce segment within the next six months; hires consultancy Ernst & Young to structure an online venture
Spencer's Retail plans to enter  the ecommerce segment within the next six months; hires consultancy Ernst & Young to structure an online venture - Economic Times
The balance 5% will be through sellers who are in adjacent segments such as consumer electronics. Deliveries will be made the same day.


Franchise
Take the least risky path by generating more cash flow for your business
In the first article of our new series on cash flow, we discuss the top 10 things you can do now to improve your business's cash position.


HR
Ericsson offers plum global roles to top Indian execs to beat attrition
Ericsson offers  plum global roles to top Indian execs to beat attrition - ETTelecom.com
Ericsson, the world's No.1 telecom equipment maker, is handing out plum global assignments to Indian managers to retain top talent, beat attrition and obviate..

HR
Top 10 Best Companies to Work For in India
Top 10 Best Companies to Work  For in India - International Business Times, India Edition
International Business Times, India EditionDelhi-based IT firm RMSI is the best company to work for in India, according to the latest report published by the Great Place to Work Institute. Google India has slipped to the second spot after topping the list last year, the report said.

HR
4 traits that make developers highly desirable by employers
Flickr/Thomas BonteIt's no secret that digital proficiency will give job seekers a competitive edge over other candidates. As more companies carry their businesses

HR
China could create a $67tn consumer economy over 10 years
Gulf TimesEmployees work along a production line of a textile factory in Suzhou, Jiangsu province. That compares with 76% in the US, 67% in Brazil, 60% in Japan, 59% in Germany, and 52% in India.


Logistics

Logistics
Tata rail freight foray by TM International Logistics, a subsidiary of Tata Steel has proposed to Indian Railways to run goods carriages under the STFO scheme
The Tatas are set to foray into freight operations in the railways as the Narendra Modi-government seeks private capital to spruce up the century-old infrastructure.

Logistics
India to Make Shipping Containers, inspired by Modi's Make in India campaign
India plans to start manufacturing shipping containers as part of Prime Minister Narendra Modi's Make in India campaign. Local media reports that

Logistics


Construction
Modi Government's Land Bill Hopes Hinge on Parliament Panel
Modi Government's Land Bill  Hopes Hinge on Parliament Panel - The New Indian Express
Alleging "political opportunism" behind Rahul Gandhi's tirade against the land bill, Narendra Modi's Government hinged hopes on a "consensus" in the Joint Committee of Parliament for passage of the contentious measure.

Construction
Fast expanding list of investors lead to recovery of Realty sector in Hyderabad
The city's realty sector finally seems ready to be wheeled out of the ICU.This, courtesy a fast expanding list of investors from across the country making a beeline for Hyderabad's western corridor.

Construction
Varous development projects launched by PM Narendra Modi in Patna
Stating that development is the panacea for all problems related to poverty, Prime Minister Narendra Modi today expressed satisfaction that there was now a general agreement on this aspect and that states were even becoming competitive with regard to development.

Construction
Unitech partners Snapdeal to sell plots in Chennai
Wave group's realty arm Wave Infratech also said that its properties would be soon available for sale on Snapdeal and Housing.com


Marketing
Uber gets into its India gear : Report
The global taxi-hire service is learning to cope with the demands India puts on its brand

Marketing
Apple Is Stepping Up India Game : With Wider Retail Network, Financing Schemes
Apple Is  Stepping Up India Game : With Wider Retail Network, Financing Schemes - Huffington Post India
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 retail network and

Marketing
Reliance Jio to leverage retail network in 4G push : Report
To complement the launch of the firm's 4G services in December, Reliance Digital store network will be expanded by 2016

Marketing
BMW to unleash ad campaign for new BMW X6 in India
BMW to unleash ad campaign for  new BMW X6 in India - Indiantelevision.com
With its three brands, BMW, MINI and Rolls-Royce, the BMW Group has its sight set firmly on the premium sector of the Indian automobile market. | | Indian Television Dot Com


Politics
Brand Nitish vs Achhe Din 2.0: Round two of Bihar battle goes to PM Modi

Encouraged by the Delhi assembly election results and Modi's former strategist Prashant Kishor, Nitish Kumar took back the reign of Patna from Manjhi, and then began a campaign to change the political discourse.

Politics
Uddhav takes dig at Amit Shah, wonders whether BJP will go solo in J K

Shiv Sena President Uddhav Thackeray on Saturday taunted Amit Shah saying that Shah will also talk about single party rule in the state of Jammu and Kashmir.

Politics
Modi Makes Development Pitch In Bihar, Promises Package Of Over Rs 50,000 Crore

Prime Minister Narendra Modi made a strong development pitch as he kickstarted his campaign for Bihar assembly elections, where the Bharatiya Janata Party wants to capture power in the face of an unit

Politics
The Stage Is Set For A 'Mahabharat' Of An Election In Bihar

Patna's skyline and landscape are so awash with political hoardings you'd think the Bihar assembly elections are next week (they are a couple of months away). Nitish Kumar's hoarding


Sports
Sachin Tendulkar pays tribute to Kargil War heroes on Vijay Diwas

Sachin Tendulkar paid respect to the martyrs of Kargil War.

Sports
What the trial court said about the charges against Sreesanth
An excerpt from the trial court's order that shows the charges and the arguments of the prosecution and Sreesanth's defence in relation to the IPL 2013 spot-fixing case

Sports
Jamaica 1-3 Mexico: Concacaf giants complete form turnaround to win Gold Cup

Read the full Jamaica v Mexico match report, including goals, incidents, and much more. Have your say on the game in our comments feature.

Sports
Dominant Red Steel surge into first CPL final
Trinidad & Tobago Red Steel brushed aside Guyana Amazon Warriors, outplaying them in all departments, to surge to their first Caribbean Premier League final


Entertainment
Pay disparity between male, female actors frustrating: Radhika Apte

Actress Radhika Apte feels it's high time female actors were paid equal to their male counterparts.

Entertainment
Subhash Ghai wants to make a biopic on Shankar Mahadevan

Renowned director Subhash Ghai says that he'd like to make one on talented singer-composer Shankar Mahadevan.

Entertainment
Aishwaryaa Dhanush to launch Youtube channel for short filmmakers

Aishwaryaa Dhanush will soon launch a Youtube channel under the banner of Ten Entertainment for short filmmakers.

Entertainment
'Bangistan' deserves a fair chance: Riteish Deshmukh

"The fact is that 'Baahubali' and 'Bajrangi Bhaijaan' are doing great business at the box office. I think it was the right call by the producers. A film should get a fair chance," Riteish Deshmukh said.


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