Monday, August 31, 2015

August 31, 2015 - Gujarat mobile internet ban: Business takes hit; telecom industry suffers Rs 5 crore loss per day

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Digital
Gujarat mobile internet ban: Business takes hit; telecom industry suffers Rs 5 crore loss per day
Gujarat mobile internet ban: Business takes hit; telecom industry  suffers Rs 5 crore loss per day
The ban is likely to be effective until Saturday in some volatile areas.


Digital
How mobile is changing the face of advertising in India
How mobile is changing the  face of advertising in India
With the mobile revolution charging ahead where does mobile advertising stand today?


Digital
Online travel company Ibibo Group picks up stake in cloud-based hotel services startup Djubo
Online travel company Ibibo Group picks up stake in cloud-based hotel services startup Djubo
The company is majority-owned by South Africa-headquartered internet and media group Naspers, which also an investor in Flipkart.


Digital
Maharashtra records 2nd highest number of rural internet subscribers: TRAI
Maharashtra records 2nd highest number of rural internet subscribers:  TRAI
The internet boom has taken over India's villages, with Maharashtra recording the second highest number of rural internet subscribers in the country, a recent Telecom Regulatory Authority of India (TRAI) report has revealed.



Retail
Snapdeal to beat Flipkart & be No 1 in sales by March 2016, says CEO Kunal Bahl
Snapdeal to beat  Flipkart & be No 1 in sales by March 2016, says CEO Kunal Bahl - Economic Times
The Snapdeal co-founder said the company achieved $4 billion in total value of goods sold, or gross merchandise value, this month.

Retail
What mobile wallets mean for consumers
What mobile wallets mean for  consumers - Express Computer
Mobile wallet, in my opinion, is a stored value account that can store cash, debit/credit card details or even the loyalty card details...

Retail
Why Big E-tailers Are Setting Up Physical Stores
Why Big E-tailers Are Setting Up  Physical Stores - NDTV
Despite the much higher growth anticipated in e-tailing, Indias biggest e-commerce players are setting up physical stores.

Retail
Arvind hopes to weave success as top brand, retail company
As it resumes its growth journey, Sanjay Lalbhai's Arvind is betting on the upheavals that lie ahead


Telecom
Telcos may seek PMO nod to use Aadhaar biometric database to speed up subcsriber verification
Telcos may seek PMO nod to use  Aadhaar biometric database to speed up subcsriber verification - Economic Times
The operators are planning to write to the PMO that they want to use the Aadhaar database to sell SIM cards or connections.


Telecom
Government's pan-India broadband network not possible before 2018
BharatNet program is in sync with Digital India initiative and we plan to deliver 10-15 Mbps broadband speed to every household'



Finance
Banks ask defaulters who can't repay Rs 100 crore loan to take 200 crore more
Banks ask  defaulters who can't repay Rs 100 crore loan to take 200 crore more - Economic Times
Investors bet big on the Narendra Modi regime turning things around, boosting profits. Instead, the regime has piled on misery for companies and investors.


Finance
Have valuations become reasonable after the fall?
The Sensex is now trading below its fair value of 18 times 10-year trailing price to earnings average


Finance
Finance ministry moves draft Cabinet note to incentivise e-payments
Finance ministry moves draft  Cabinet note to incentivise e-payments - Livemint
The proposal would be presented before the Cabinet after FinMin incorporates suggestions made by various ministries


Finance
In a first, small and mid-caps outperform large-cap stocks
In a first, small and mid-caps  outperform large-cap stocks - Economic Times
Traditionally, large caps tend to outshine small- and midcaps as investors believe that big cos are better placed to weather any storm.



Food/FMCG
ITC eyes Rs 1 lakh crore revenue from FMCG business by 2030
ITC eyes Rs 1 lakh crore revenue  from FMCG business by 2030 - ET
KOLKATA: Diversified group ITC has set a target of garnering a revenue of Rs 1 lakh crore by 2030 from its FMCG business, as it looks to increase presence in the segment, company's chairman Y C

Food/FMCG
Scientists search for tea variety that can withstand climate change
Scientists search for tea  variety that can withstand climate change - ET
In the last 100 years, TRA has recorded a drop of 200 mm in average annual rainfall and an increase in minimum temperature of 1.3 degrees Celsius.

Food/FMCG
Tata Group's total revenue rises to $108.8 billion; headcount crosses 6 lakh
Tata Group's  total revenue rises to $108.8 billion; headcount crosses 6 lakh - Economic Times
The international operations of the group, which has more than 100 companies across various businesses spread over the world, accounted for almost 70 percent of its total revenue in the fiscal 2014-15, according to the latest group-level financials disclosed by it.

Food/FMCG
ITC Readies Savlon to take on Reckitt Benckiser in health and home care segments
ITC Readies  Savlon to take on Reckitt Benckiser in health and home care segments - ET
Savlon will be launched in categories including hand wash, sanitizer, shower gel and floor, glass and toilet cleaners, two industry officials said.


Software
TCS skips industry's normal recruitment schedule : Cognizant cries foul
TCS skips  industry's normal recruitment schedule : Cognizant cries foul - Business Standard
TCS prefers to have an exclusive day one for its campus recruitment


Software
Contract renewal to provide $1 billion opportunity for Indian IT companies like Infosys, TCS
Contract renewal to provide $1  billion opportunity for Indian IT companies like Infosys, TCS - Economic Times
According to the report, about $250 billion worth of deals are set to be renewed over the course of the next 36 months.


Software
Infosys to invest $290 million to build three more campuses in Bengaluru
Infosys to  invest $290 million to build three more campuses in Bengaluru - Times of India
Karnataka govt has cleared three major IT projects planned by Infosys to set up more campuses here at an investment of Rs 1,918 crore.


Software
Wipro hires TCS executive, Ankur Prakash to head its emerging market business
Wipro hires TCS  executive, Ankur Prakash to head its emerging market business - Economic Times
"Wipro Ltd can confirm the appointment of Ankur Prakash as Vice President - Emerging Markets, comprising Latin America, Africa and Canada. He will report to Abidali Z. Neemuchwala, Group President & Chief Operating Officer," Wipro reportedly said.



Ecommerce
Online grocery store BigBasket.com ropes in actor Shah Rukh Khan as brand ambassador for an undisclosed fee
Online grocery store  BigBasket.com ropes in actor Shah Rukh Khan as brand ambassador for an undisclosed fee - Economic Times
"Engaging celebrities would help the brands to communicate with the masses and to show the investors the growth they have promised," said Aviral Jain, direc..

Ecommerce

Ecommerce
TVS Capital Funds set to acquire a minority stake in Nykaa.com; TVS Capital will put in Rs25 crore of Rs60 crore series C funding
TVS Capital will put in Rs25 crore of Rs60 crore series C funding in the wellness e-commerce firm

Ecommerce
Re-think your plan: Angel investing may appear rewarding but for the lay investor the risks far outweigh the gains
Re-think your plan: Angel  investing may appear rewarding but for the lay investor the risks far outweigh the gains - Times of India
Angel investing may appear rewarding but for the lay investor the risks far outweigh the gains. So, re-think your plan of getting into it...


Franchise
FSSAI scraps existing approvals process, move leaves industry confused
FSSAI scraps  existing approvals process, move leaves industry confused - ET
The food safety regulator has done away with process of product approvals in line with a recent Supreme Court order and now plans to reintroduce the procedure through regulations.


Franchise
As Urban Ladder Expands, Lessons From Past Mistakes Are Coming In Handy, Says Co-Founder
As Urban  Ladder Expands, Lessons From Past Mistakes Are Coming In Handy, Says Co-Founder - Huffington Post India
Urban Ladder is among India's fastest growing furniture e-tailers. Unlike competitors which operate as marketplaces, the Bangalore-based startup owns processes end-to-end, which means they control eve


Franchise
Mahindra First Choice Services inaugurates first franchise workshop in Vidarbha

Mahindra First Choice Services (MFCS), India's leading chain of multi-brand car service workshops, has added yet another feather to its cap with the inauguration of its first Franchisee Owned Franchisee Operated (FOFO) workshop in Nagpur, Maharashtra. Its pan-India workshop network now stands at 77. This workshop is said to be the first in Vidarbha.

Franchise
Franchise industry blasts OSHA for joint employment questions
With a major decision on what constitutes joint employment expected in the coming days, a franchise industry group claimed on Wednesday that federal workplace safety regulators were part of a "witch hunt" targeting its members' business model.


HR
Gujjars, Bakerwals seek setting up of tribal university in Jammu and Kashmir
Gujjars,  Bakerwals seek setting up of tribal university in Jammu and Kashmir - India.com
We are demanding a tribal university in the state since long.


HR
Days of brain drain from India over: Jaitley
Days of brain drain from India  over: Jaitley - The Hindu
Union Finance Minister Arun Jaitley, said that the days of brain drain from India are over, for India now serves as a brain bank for the world. Mr. Jaitley, while speaking as the chief guest, at the 3rd convocation a


HR
Rooftop Solar Power to be Game Changer for Power Utilities
NEW DELHI: Daljit Singh, a resident of upscale Greater Kailash area of South Delhi, used to spend between Rs 14,000 and Rs 16,000 per month on electricity bills...


HR
Mini-Olympiads to tap rural sports talent
Mini-Olympiads to tap rural sports talent . The general body meeting of Andhra Pradesh Olympic Association (APOA), on Sunday, decided to conduct 'Mini-Olympiads' in all the district headquarters to identify and nurture sports talent.



Logistics
Twin options before new airlines to fly abroad either by buying credits or signing up to earn them; Vistara and AirAsia to gain
The government is exploring options whereby new airlines such as Vistara and AirAsia India may be allowed to fly abroad by either buying domestic flying credits from existing carriers or signing an agreement to earn credits within a time frame.

Logistics
Air India Urged to Introduce Evening Flights between Mysuru , Kochi and Bengaluru
With the commercial flight service set to resume from Mysore Airport at Mandakalli from September 3, stakeholders in the city exhorted Air India to operate an additional flight in the evening hours.


Logistics
India ready to begin construction work on Iran's Chabahar Portbr />The Port of Chabahar in southeastern Iran will now see Indian engineers and construction workers working on developing the seaport following all clearances from Iran.

Logistics
Indian Railways to procure first of its kind sensor devices to detect defects on tracks
Indian Railways to procure first  of its kind sensor devices to detect defects on tracks - Financial Express
In order to prevent catastrophic damages to its assets, Indian Railways is going for offshore procurement of high-powered sensor-based equipment, a first-of-its-kind for the public transporter, to detect defects on tracks and rolling stock.



Construction
GMR plans to export power from its Nepal plant to Bangladesh
GMR plans to export power from  its Nepal plant to Bangladesh - Livemint
The company is in the process of setting up 600 mw hydroelectric power project on river Marsyangdi in Nepal


Construction
PM Narendra Modi says Land acquisition ordinance won't be reissued
PM Narendra Modi  says Land acquisition ordinance won't be reissued
Modi declares readiness to accept any suggestions to benefit farmers in pending land bill


Construction
Prestige Estates forays into warehousing venture
Prestige Estates forays into  warehousing venture
The real estate firm has procured 15 acres in the suburbs of Bengaluru, where it is expected to build warehouses soon


Construction
RBI has not ruled out more rate cuts: Raghuram Rajan
RBI has not ruled out more rate  cuts: Raghuram Rajan
Rajan says RBI will keep a close eye on incoming data and take a further view



Marketing
AAAI and IOAA Sign Joint Agreement for Streamlining OOH Business : Report
Advertising Agencies Association of India (AAAI) and Indian Outdoor Advertising Association (IOAA) have signed a joint agreement for the first time. The agreement was signed at an IOAA press conference in presence of MG Parameswaran, President, AAAI and N D Mehta, Chairman, IOAA.


Marketing
Swachh banking campaign against loan sharks : Report
HDFC Bank Ltd launched 'dhanchayat' in Chhattisgarh on Friday. Dhanchayat is an educational film created by the bank to raise awareness on the dangers of borrowing money from unorganized sector, particularly in rural areas.


Marketing
India Urged to Revive Gas Projects with Iran
TEHRAN (Tasnim) – New Delhi should revive its stalled gas projects with Iran following the imminent removal of sanctions against the Islamic Republic, India's Associate Chamber of Commerce and Industry said on Sunday.


Marketing
Silver Jubilee celebrations at International Advertising Association
Silver Jubilee  celebrations at International Advertising Association - Daily News Analysis
Silver Jubilee celebrations at International Advertising Association - Excerpts from an interview with Pradyuman Maheshwari.



Politics
History Needs Informed Debate, Not The Erasure Of Aurangzeb To Install Kalam

So all those who live on Aurangzeb Road will now have to get new letterheads, and postmen will have to be taught where Dr A.P.J. Abdul Kalam Road is. Given the significance invested in naming, it make

Politics
Pakistan Blames India For Ceasefire Violation, Summons Indian High Commissioner Over 8 Killed

ISLLAMABAD—India and Pakistan blamed each other Friday for exchanges of fire over their disputed border that killed nine civilians and wounded dozens more. "Pakistan Rangers resorted to

Politics
RBI Governor Raghuram Rajan's Advice To US Fed: Don't Raise Rates When World Economy Is In Turmoil

WASHINGTON— Hinting at the fourth interest rate cut this year, RBI Governor Raghuram Rajan has said he is not done with lowering rates and the central problem for the entire world remains slowin

Politics


Sports

Sports
Cheteshwar Pujara is a hero India deserves, but doesn't always need

Cheteshwar Pujara scores 135* to help India recover from batting collapse and reach 292/8 on Day 2 against Sri Lanka.

Sports
1965: The year India, Pakistan began sparring in sports
The 1965 India-Pakistan war dramatically changed cordial sporting links. Thereafter, aftershocks of every skirmish were felt in stadiums on both sides.

Sports
Maria Sharapova withdraws from US Open with leg injury

Following Maria Sharapova's exit, Daria Kasatkina of Russia makes her way into the US Open draw.


Entertainment
Aamir Khan still a fan of 'Andaz Apna Apna', wears t-shirt with Crime Master Gogo's face

It may be 21 years since the film's release, but Aamir Khan still has fond memories of 'Andaz Apna Apna'.

Entertainment
My father and I bond over food, not films: Tiger Shroff

Even though they come from film background, Tiger Shroff says he and his father Jackie Shroff hardly discuss movies when they are at home.

Entertainment
I copy Satyajit Ray: Shoojit Sircar

Describing Satyajit Ray's masterpiece "Pather Panchali" as the Bible of his life, Bollywood director Shoojit Sircar has conceded he copies the works of the maestro.

Entertainment
Never knew 'Baahubali' will have massive impact: Rana Daggubati

"Baahubali" has turned out to be one of the biggest grossing Indian films and now it will be screened at the upcoming 20th edition of Busan International Film Festival (BIFF)


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