August 12, 2015 - It's Official: Sundar Pichai is the new Google CEO, PM Modi congratulates

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Digital It's Official: Sundar Pichai is the new Google CEO, PM Modi congratulates It is official. India-born Sundar Pichai is set to head Google as its CEO. And the news has set social media abuzz with congratulatory messages to him. Sundar Pichai will take over charge from current Google CEO Lary Page. Digital UK-based New Call Telecom sets aside Rs 1,920 crore to acquire software and infrastructure companies in India It could invest around $300 million (Rs 1,920 crore) in the next six to 12 months in the country, CEO Nigel Eastwood said. Digital Hyderabad Angels exits edutech startup Edutor with 3.5x return Announcing its first exit from one of its portfolio companies, Hyderabad Angels, in statements sent to us, are reporting that they have exited edtech startup Edutor Technologies, with a 3.5x return. Existing investors had bought out Hyderabad Angel's stake in the company. Digital Women-oriented career portal Sheroes raises Rs 5 crore led by Raghav Bahl, 500 Startups Googles Rajan Anandan, Paytms Vijay Shekhar Sharma and Flipkarts Binny Bansal participate in angel round; startup founded by Saisree Chahal. Retail Fashion e-tailers hope networking add-ons will click with customers Firms are striving to create social networks for fashionistas to keep them engaged on their websites, apps Retail Amazon Prime vs. Jet.com: Which is really the better deal? Amazon Prime is wildly popular with shoppers but it's not the only subscription based shopping service out there. Last month Jet.com launched with the hopes of unseating Jeff Bezos's empire and it offered some great deals of its own that in many cases bested Amazon Prime's prices. Retail Independence Day Special: Why Big Bazaar has gone from selling cheap to being beautiful Over the last decade, Big Bazaar has changed how Indians shop. They have discovered that its customers now care about a lot more than just buying cheap. Retail Startups catering new-generation Indian parents take baby steps A few years ago, parents were happy with options like Barbie, G.I Joe, and Lego Blocks for their young children. But now, parents know and want much more. Telecom More than just Sundar Pichai and Satya Nadella: Indians now the biggest power players in silicon valley By forming their own networks and mentoring each other, Indians helped pave the way for the Pichais and Nadellas, showing America that Indians could indeed be CEOs. Pichai's elevation at Google is just one more confirmation of the rising power of the Indian immigrant in the United States Telecom India to overtake US as the 2nd largest smartphone market by 2017 India smartphones market witnessed a strong second quarter with 26.5 million units shipped to India, up by 44 percent from 18.4 million units for the same period last year. This is a great news after a sluggish first quarter this 2015. Telecom Mobile banking users in India account for over 50% of population: KPMG, UBS study India leads the pack with the youngest population of mobile banking users across the g Telecom Facebook gives benefits worth $20 million to Indian developers Facebook said it wants to help take care of certain key aspects so that Indian developers can focus on building world-class products... Finance SBI hopes to sell stakes in insurance units by year end On factoring business, Bhattacharya said she sees a wider scope for the segment in the country and is not planning to merge it with the bank. Finance Five Indian sectors that will be impacted by China's yuan devaluation The People's Bank of China cut its daily reference rate for the currency by a record 1.9 per cent, the biggest loss since January 1994 Finance What is HDFC Bank's 'Dhanchayat' all about? Under this initiative, Dhanchayat video vans will travel across East, West, South, North and Central India, covering villages across the country. Food/FMCG Government files 'unfair trade practice' case against Nestle Maggi, seeks Rs 640 crore in damages Consumer Affairs Ministry filed a complaint against Nestle India before NCDRC using a provision for the first time in the nearly three-decade-old Consumer Protection Act. Food/FMCG Wagh Bakri to purchase ten tea gardens in Assam -ET Into tea blending and packaging, it dominates the Gujarat packet tea market with a share of 65 per cent and also operates in other markets. Food/FMCG Tata Coffee appoints Chacko Thomas as executive director and Deputy CEO Tata Coffee appointed Chacko Purackal Thomas as executive director and deputy CEO for Tata Coffee at the companys Board meeting held on 3rd August 2015. Food/FMCG Compliance with FSSAI rules to boost organised milk sector Complying with food safety standards formulated by the FSSAI will help the organised milk sector grow in the long run, according to dairy cooperatives. Software L&T appoints former Infosys executive as CEO : Sanjay Jalona to head the IT unit L&T Infotech, the wholly-owned IT subsidiary of Larsen & Toubro, has appointed Sanjay Jalona has its chief executive officer and managing director. Software Top IT firms like TCS, Infosys plan to use algorithmic tools and programs to check attrition rates Armed with such information, HR departments are able to use algorithms and analytics in recruitment. Wipro is one of the companies. Software Indian IT industry upbeat over new Google CEO : Sundar Pichai symbolises new India With the restructuring, Google could finally be in a better position to deal with Android's problems Software E-commerce firms like Amazon, Flipkart, Paytm planning to double up their headcount : Launch a hiring spree to get the best talent Its raining jobs in the booming ecommerce sector with firms in the process of ramping up workforce across various functions. Ecommerce Snapdeal names former Adobe senior executive Viraj Chatterjee as its latest VP-Engineering to enrich the overall seller experience on the Snapdeal According to a press statement released, Chatterjee will lead the technology development solutions to enrich the overall seller experience... Ecommerce Livspace has raised $8 million in a round of funding from existing investors; to hire, add new design content and expand to other cities in India After secured $4.6 million in December 2014, Bengaluru-based home design and decor start-up LivSpace has now raised $8 million from existing investors Helion Ventures, Bessemer Venture Partners and Jungle Ventures. Ecommerce Toyota eyes ecommerce, to start selling the spare parts online in Bengaluru this week and gradually expand to other metros by 2016 The company will start selling the spare parts online in Bengaluru this week and gradually expand to other metros by 2016 Franchise Franchisee Journey: From accounting manager to Three Scout & Mollys franchisee For these two entrepreneurs, creative control was key to becoming Scout & Molly's franchisees. Franchise How you can use incentives to raise the visibility of your brand and establish positive connections An incentive is defined as "something that motivates or encourages one to take action". Taste Holdings has recognised the significant potential of incentives to achieve a variety of positive outcomes within its franchisees' businesses, both in terms of increasing brand visibility and sales, and strengthening, retaining and motivating the employee body. Lindy Taoushiani, Divisional Marketing Executive at Taste Holdings, says incentives can also reward customers for their loyalty to the brand. HR Sundar Pichai and the world of Indian CEOs Google has a new CEO and his name is Sundar Pichai HR Interview with Sunny Verghese, CEO and MD of Olam Africa Agribusiness MagazineYou know China and India can be looking at consolidating farm holdings, and being self-sufficient in food. But sub-Saharan Africa has a comparative production advantage for key food commodities. HR The 4 Es of Engagement Employee engagement is key to company performance, leading to positive effects such as higher productivity, improved work quality, and decreased job turnover. According to the Gallup research team, "A job has the potential to be at the heart of a great life, but only if its holder is engaged at work." Logistics Green shoots of economic recovery visible in India, for many companies, hase of negative growth has ended: Survey The CII ASCON Industry Survey for the April - June FY16 quarter reveals a reversal from the earlier trend of slowing growth, with indications of a recovery Logistics Vizhinjam One of The Most Difficult Ports to Build, will be one of its kind: Mahapatra, CEO Vizhinjam Port- The New Indian Express The proposed Vizhinjam International Deep water Multipurpose Seaport is an ambitious project taken up by Government of Kerala Logistics China opens first eco-friendly overwater highway at $70 million for the project; will lead to boost of logistics and tourism An eco-friendly overwater highway opened this week in the Hubei province, the first of its kind in China. Logistics Airlines like Jet Airways, Air Costa, AirAsia India offer I-Day discounts as fuel dips Construction Housing has become more affordable than earlier: Sujay Kalele, CEO, Kolte-Patil Developers Since most of the home buyers in Pune are end-users and not investors, property prices have remained stable, unlike in Delhi or Mumbai... Construction Housing.com appoints Jason Kothari as Chief Business Officer Housing.com appoints Jason Kothari as its Chief Business Officer Construction Shapoorji Pallonji group raises Rs 2610 cr via infrastructure bonds Real Time News, India Construction major Shapoorji Pallonji Group has issued Rs 2,610 cr of bonds at an average price of 9.15%, making it one of the biggest asset-backed infrastructure project financing in India. "At Rs 2,610 crores, this is among the largest Construction Air India gets clearance to sell Rs 350-crore properties National carrier Air India has proposed monetisation of three of its properties, which are lying vacant and unused for a long time, by way of sale or rent to help it raise non-operating revenue retire its huge debts. Marketing $30 billion worth marketing spends up for grabs globally : Action in India heats up $30 billion worth marketing spends up for grabs globally: Action in India heats upExchange4MediaMajority of global brands are in the midst of global media reviews, including Johnson &Johnson, Mondelez, Volkswagen, Citibank, Unilever, Coca-Cola, Proctor and Gamble, 21st Century Fox, Sony Pictures, Loreal, GSK and Corona. Out of these Johnson  Marketing IITian Sundar Pichai is New CEO of Google : Report Pichai received a Bachelor of Technology from the Indian Institute of Technology Kharagpur. Marketing Quikr Launches 'QuikrCars' : First in Series of Verticals Quikr, India's No. 1 cross category classifieds business, today announced that it has gone live with QuikrCars, its vertical with a sharp focus on all kinds of automobiles, i.e. cars, bikes and commercial vehicles. Marketing Luxury brands like Maserati, Ducati plan a comeback trail to India with new strategies Several international luxury brands, including carmaker Maserati and lingerie label La Perla, are making a return to India. Politics Monsoon Session Day 15: Arun Jaitley Says Gandhi Family Can't Bear Anyone Else In Power Politics Independence Day Speech Countdown: Sansad Adarsh Gram Yojana helps Chikhli get Makeover The impact of the Sansad Adarsh Gram Yojana was so powerful that C R Paatil, Member of Parliament from Navsari Gujarat, adopted Chikhli village for the Yojana Politics Environmentalists welcome NGT order banning tree felling Politics HC directive to government on karuvelam plant eradication Sports India tour of Sri Lanka: Rebuilding begins under a fort Three-match Test series starting today could well be decided by how India's fledgling batting copes with SL's nascent bowling. Sports Sania Mirza recommended for Rajiv Gandhi Khel Ratna, Rohit Sharma set to get Arjuna Sania Mirza is only the second tennis player after Leander Paes to be named for the top award. Sports India vs Sri Lanka: The basic idea is to take 20 wickets, says Virat Kohli Virat Kohli stressed on the importance of taking 20 wickets, and said team is looking at Ashwin as an all-rounder, rather than a bowler who can bat. Sports Barcelona lift Super Cup after thrilling 5-4 win over Sevilla Led by the Lionel Messi's two goals, Barcelona beat Sevilla 5-4 in a thrilling UEFA Super Cup match. Entertainment Yash Raj Films focuses on big budget movies: Salman Khan, Shah Rukh Khan and Hrithik Roshan take over With the Shah Rukh Khan starrer 'Fan' and Salman Khan starrer 'Sultan' in its kitty, YRF wants to ensure that it is back in the race. Entertainment 'The Mindy Project' to premiere on September 15 The romantic-comedy television series "The Mindy Project" will debut on September 15 on the streaming service Hulu. Entertainment Sathyaraj to set aside over 100 days for 'Baahubali 2' Sathyaraj has been asked to allocate over 100 days for the shoot of the remaining portion of the second part of the franchise. Entertainment Reese Witherspoon to star in, produce supernatural thriller Reese Witherspoon is set to star in and produce Lionsgate's supernatural thriller "Cold". TradeBriefs Publications are read by over 10,00,000 Industry Executives India Business Brief | India Retail News | India Food Brief | India Telecom Brief | India Finance Brief | India Software Brief | India Digital Brief | India Ecommerce Brief | India Franchise Brief | India HR Brief | India Logistics Brief | India Construction Brief About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India