Tuesday, August 25, 2015

August 25, 2015 - Can Paytm really change the game for payment banks?

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Digital
Can Paytm really change the game for payment banks?
Can Paytm really change the game  for payment banks? - VCCircle
In accordance to recent license received from the RBI, Paytm plans to split the payments business from the e-commerce wing calling it Paytm Payment Bank Ltd


Digital
Net neutrality: IAMAI opposes zero-rated plans of any type
The Internet and Mobile Association of India (IAMAI) said on Monday that it has "clearly and unambiguously opposed zero-rated plans of any type" in response to the Department of Telecom's (DoT) paper on net neutrality.


Digital
Phaneesh Murthy looks to raise $12 million for health-tech venture
Phaneesh Murthy looks to raise  $12 million for health-tech venture - Business Standard
The Phaneesh Murthy-promoted PM Health & Life Care on Monday launched its health exchange platform Zigy.com and said it would raise between $10-12 million in series 'A' funding by end of this calendar year.To start with, Zigy.com' would act as an


Digital
Indian lifestyle app Jabong is top money losing initiative for Rocket Internet
Rocket Internet-incubated Indian fashion and lifestyle venture Jabong has become the top money losing initiative for the German emerging markets and Europe focused internet company.



Retail
Lenskart to invest Rs 60 crore to set up a new manufacturing facility to produce 40,000 pieces a day
Lenskart to invest Rs 60 crore  to set up a new manufacturing facility to produce 40,000 pieces a day - Economic Times
Lenskart is also working on strenghthening its offline presence by creating partnerships with large-format retailers and eye-care hospital chains.

Retail
Arvind Lifestyle bets on kidswear to push sales, expects at least 15 % of its total sales to come from this segment by 2018
Arvind Lifestyle bets on  kidswear to push sales, expects at least 15 % of its total sales to come from this segment by 2018 - Economic Times
The Children's Place' is positioned as a mass premium brand and outlets will be opened in tier II and III cities besides metros, a top company executive said.

Retail
B2B e-commerce serving from small retailers to big industries
B2B e-commerce  serving from  small retailers to big industries - Hindu Business Line
Start-ups driving industrial procurement online, offering tech solutions to kirana stores

Retail
Now Try Your Jewelleries on Your Smartphone Before Buying Them, Here's How
Now Try Your  Jewelleries on Your Smartphone Before Buying Them, Here's How - International Business Times, India Edition
Now Try Your Jewelleries on Your Smartphone Before Buying Them, Here's HowInternational Business Times, India EditionIt has rapidly increased its offline presence and now has 10 stores across seven cities including Delhi, Bangalore, Chennai and Hyderabad. The company's Try At Home channel caters to 20 cities across India. The Caratlane app is available for all ...


Telecom
Time fee cap not enough to push arbitration: Experts
Time fee cap not enough to push  arbitration: Experts - Economic Times
Earlier this month, the Union cabinet approved an amendment to the Arbitration Act, capping the duration of any arbitration to 18 months.


Telecom
Telcos like Nokia networks, Huawei, Ericsson eye a share of over $1-billion 4G revenue
Telcos like Nokia networks,  Huawei, Ericsson eye a share of over $1-billion 4G revenue - Economic Times
Telecom equipment makers such as Nokia Networks, Ericsson and Huawei are eyeing a share of an over $1-billion (about Rs 6,600 crore) revenue opportunity.


Telecom
C-DOT rededicates itself to make Modi's dream of Digital India a reality
Having gained worldwide recognition for its outstanding works in the arenas oftelecommunication and converged networks, Centre for Development of Telecommunications, popularly known as C-DOT, is organizing its Foundation dayon 25th August, 2015.


Telecom
Battleground 4G: Make-in-India drive makes Chinese companies 'dump' phones
Battleground 4G:  Make-in-India drive makes Chinese companies 'dump' phones - Economic Times
Indian companies say that these devices may not even be properly enabled for the kind of 4G services being rolled out in the country.



Finance
These are troubled waters. So, is it bottom-fishing season already?
These are  troubled waters. So, is it bottom-fishing season already? - Business Standard
Growth concerns regarding China that has already seen the yuan getting devalued twice in August has rattled global financial markets, especially in the Asian region with four major indices - Kospi (Korea), Taiwan, Hang Seng (Hong Kong) and Straits


Finance
Is India, the costliest market, likely to fall the most?
Is India, the costliest market,  likely to fall the most? - Business Standard
Forward earnings estimate show that Indian markets are priced higher than their counterparts and,so, have more room to fall


Finance
India has sufficient forex reserves to address rupee volatility: RBI
India has  sufficient forex reserves to address rupee volatility: RBI - Livemint
RBI governor says fundamentals of the economy are good


Finance
5 reasons why the Sensex tanked 1,624 points on Monday
5 reasons why the Sensex tanked  1,624 points on Monday - Business Standard
India VIX, a gauge of volatility, shot up a massive 64% to hit 28.13 levels



Food/FMCG
Heineken eyes controlling stake in United Breweries: Reports
Heineken eyes controlling stake  in United Breweries: Reports - ET
Heineken NV is seeking to raise its stake in India's United Breweries Ltd to gain full management control as it bets on the country's growing thirst for beer, sources with direct knowledge of the matter said.

Food/FMCG
Organic food business grows four-fold in 3 years
Organic food business grows  four-fold in 3 years - ET
Consumers are opting for healthier eating habits which is driving entrepreneurship in organic foods, prodding retailers to offer greater shelf space to brands in this category.

Food/FMCG
DRDO ties up with Ramdev to market supplements, food products
The scientist baba: Market-savvy Ramdev and his DRDO dealHindustan Times

Food/FMCG
Betting on GST, Embassy enters warehousing
Embassy Industrial Parks will build and lease spaces close to cities, says CEO Anshul Singhal


Software
US-retailer Lowe looking at Indian talent for disruptive technology solutions : Will expand hiring and transfer more tech projects
After several years of working closely with Indian outsourcing giants such as Infosys and Wipro for back-office solutions, US home improvement retailer Lowe's is now doubling down on Indian talent for disruptive technology solutions as part of its omni-channel strategy to take on online rivals such as Amazon.

Software
Will Vietnam emerge as a viable offshore outsourcing alternative for IT buyers seeking niche solutions?
Although much smaller than India, Vietnam is emerging as an attractive option for IT service buyers seeking niche solutions. One of the first software testing providers to set up shop there shares some thoughts on this emerging market

Software
Cyber security ecosystem catches attention : Over 1 million cyber security professionals needed by 2020
We cover the business of cybersecurity, including market sizing and industry forecasts from consolidated research by IT analyst firms, emerging trends, employment, the federal sector, hot companies on the Cybersecurity 500 list, notable M&A, investment and IPO activity, and more.

Software
How can we use existing infrastructure and technology optimally?
What comes to mind immediately at the mention of a smart city is good urban living. It would be inclusive of cleanliness, good infrastructure and use of technology.



Ecommerce

Ecommerce
CEOs of two start-ups bought by Flipkart quit in less than six months after Indias largest e-commerce firm struck these deals
Anurag Dod, head of AdIQuity Technologies, and Tanuj Mendiratta, head of Appiterate, have left Flipkart

Ecommerce
EazyDiner raises a fresh round of funding of $3 million or Rs 19.9 crore from Saama Capital and existing investor DSG Consumer Partners
EazyDiner raises a fresh round  of funding of $3 million or Rs 19.9 crore from Saama Capital and existing investor DSG Consumer Partners - Daily News & Analysis
Micromax Canvas Xpress 2 will be available in flash sale tomorrow, on August 25 via e-commerce retailer Flipkart at Rs 5,999. The sale starts at 12 PM

Ecommerce
Grofers, a hyperlocal delivery company and OYO Rooms, a budget hotel chain among 50 companies that may be the next start-up unicorns
Flipkart, the eCommerce portal biggie, which was planning to go 'app only' from September this year, has now put its plans on hold. As per a report published


Franchise
6 Food Entrepreneurs Serving Global Brands on Indian Platter
6 Food Entrepreneurs Serving Global Brands on Indian Platter - BANGALORE: Indians can be well described as big foodies. Consequently, the love for food is also being...


Franchise
Kids factual content will be our special focus in India: Dmitry Mednikov ...
Kids factual  content will be our special focus in India: Dmitry Mednikov ... - Best Media Info
The Chairman of the Board, Digital Television Russia, speaks about the company's expansion plans in India, the focus on kids and factual content, plans to launch channels and more


Franchise


HR
Ravi Vora, Flipkart's Former Marketing Head, Quits
Ravi Vora, Flipkart's Former  Marketing Head, Quits - Adage India
According to Internet & Mobile Association of India and KPMG, India is projected to have 236 million mobile Internet users by 2016.


HR
Magadh University awaits NAAC grade
More than two weeks after the 10-member team of National Assessment and Accreditation Council (NAAC) visited Magadh University (MU), its students and faculty are eagerly awaiting the grant of NAAC grade on the basis of the academic worth of the university as perceived by the peer group.


HR
Indian PM Vows To Help Pacific Island Nations With Solar Power
Indian PM Vows To Help Pacific  Island Nations With Solar Power - iTech Post
Indian Prime Minister vows to help the Pacific island nations with solar power to combat natural disasters produced by climate change.


HR
Digital India to create 1.5 crore jobs
The Digital India project would provide direct employment to 1.5 crore individuals and indirect employment to 8.5 lakh employees



Logistics
Chenani-Nashri, India's longest road tunnel on the Jammu Srinagar Highway, to open for public in 2016
Chenani-Nashri, India's longest  road tunnel on the Jammu Srinagar Highway, to open for public in 2016  - Economic Times
SRINAGAR: India's longest road tunnel is likely to overshoot the May 2016 deadline to become driveready because of a billing dispute between the company that bagged the operation and maintenance...


Logistics
Finance Minister Arun Jaitley stands firm, says GST Bill will soon see light of day, says excise should be prepared with IT infra
Finance Minister Arun Jaitley  stands firm, says GST Bill will soon see light of day, says excise should be prepared with IT infra - Daily News Analysis
Finance Minister Arun Jaitley stands firm, says GST Bill will soon see light of day - Describing the GST as "a monumental tax reform", he said it will benefit all segments of business, increase tax base and reduce harassment of tax payers.


Logistics
3PL Market in India to Grow at a CAGR of 8.43% During 2014-2019; Report
3PL refers to the outsourcing of logistics and distribution activities by companies to logistics solution providers, known as 3PL providers. A 3PL provider is a company to which shippers (customers that transport goods using 3PL services) outsource a part or all of the supply chain management (SCM) functions of their logistics services. 3PL providers play significant role in handling customer logistics requirements, and perform transportation, location tracking, and sometimes product consolidation activities.


Logistics



Marketing
Mobile advertising remains under-represented in India : Report
As per Opera Mediaworks' 'APAC State of Mobile Advertising' report, India is amongst the top three data consuming countries in the APAC sub-region

Marketing
Royal Enfield enters Indonesian market : Report
Royal Enfield enters Indonesian  market : Report - Times of India
CHENNAI: Royal Enfield, the two-wheeler division of Eicher Motors Ltd, on Monday announced its entry in Indonesia as a part of its global strategy in the mid-si...


Marketing
Ravi Vora, Flipkart's Former Marketing Head, Quits : Report
Before being named the CEO of Strategic Brands Group in January 2015,Vora was the SVP, Marketing, Flipkart between April 2012 and December 2014.

Marketing
Wal-Mart India's Nitu Jaiswal joins Spencer's Retail as Marketing Head
Spencer's Retail has hired two senior professionals to accelerate expansion and boost profitability amid high online competition.


Politics
New Delhi's biggest blunder in NSA talks fiasco was to make Kashmir separatists relevant again

Moderate and hawkish separatist camps of Kashmir had been marginalised and were fighting for space, however New Delhi has suddenly made them relevant once again.

Politics
From FTII to Presidency College: Students should be cautious of 'sympathetic' politicians

Presidency, Jadavpur, FTII all have different back stories. Even if the basic demands sometimes sound the same – the vice chancellor should resign – the nuances are different.

Politics
Aman ki Asha is real but official India-Pakistan talks are always a farce

Let's do everything else except official talks: Aman Ki Asha, cricket matches, movies, TV-shows and Sufi concerts. At least they radiate real peace and Pakistan army doesn't feel threatened.

Politics
Modi has turned unlucky for the economy: Congress on sensex crash

Congress on Monday took a swipe at Prime Minister Narendra Modi saying he has turned "unlucky" as the economy.


Sports
'SportSouth' to be rebranded 'FOX Sports Southeast'

The FOX Sports regional network SportSouth will operate under a new name, FOX Sports Southeast, effective Monday, Oct. 5, announced today by Jeff Genthner, senior vice president and general manager.

Sports
Indian Super League: Platt

The former Manchester City assistant coach explained why he prefers to have south Americans in the heart of his team's defense…

Sports
India vs Sri Lanka 2nd Test, Stats: India record biggest win over Sri Lanka

India's triumph by 278 runs is their biggest over Sri Lanka in terms of runs in Tests.

Sports
Full Text: Virat Kohli's message for Kumar Sangakkara after the Sri Lankan's last Test

Virat Kohli was all praise for Kumar Sangakkara and wished him luck for the second innings.


Entertainment
Bon Jovi splits from record label after 32 years

Veteran rockers Bon Jovi have parted ways with Mercury Records after 32 years on the books.

Entertainment
Amol Palekar appointed chairman of India's Oscar jury

Amol Palekar has been appointed as chairman of India's Oscar jury, which will select the country's official entry in the best foreign film category.

Entertainment
Jennifer Lawrence narrowly escapes death on 'Hunger Games' sets

Jennifer Lawrence faced a death scare while shooting for her upcoming film, 'The Hunger Games- Mockingjay part- 2'.

Entertainment
'All Is Well', 'Manjhi – The Mountain Man' off to a dismal start at the Box Office

It was a gala time at the box office last week with 'Brothers', but this week's releases - 'All Is Well' and 'Manjhi - The Mountain Man' - have had a disappointing stay at the ticket windows.


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