September 11, 2015 - Here's why Paytm, InMobi back Flipkart's move to go app only

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Digital Here's why Paytm, InMobi back Flipkart's move to go app only "The day isnt far in the future when 90% of Indian Internet will be coming from smartphones and its a no brainer,” Sachin Bansal, CEO of Flipkart, said. IBM DB2: Get a 90-day free trial, right away! Advt: Learn how the top brands are doing it. Digital marketing is evolving everyday. Keep up with the latest trends. Digital OnlineTyari gets $5 million from 500 Startups, Mohandas Pai, and others OnlineTyari.com is complete site for online exam preparation of GK and current affairs in India. Highly recommended for students preparing for competitive exams like civil services (IAS, CSAT), engineering services, PSU jobs exams.Get current affair 2014 and free mock tests to start preparation.   Digital Kalaari Capital launches its Rs 2000 crore fund; to invest in 30 startups from its third fund Vani Kola led venture capital firm Kalaari Capital has launched a new India fund of $290 million (Rs. 2000 crore). It’s the … Digital Infosys to be global technology services partner for ATP As part of this partnership, Infosys will become the Global Technology Services Partner and Platinum Sponsor of the ATP World Tour, Infosys said in a statement. Digital Facebook partners with Indian ad tech firm Tookitaki to help brands in digital advertising Tookitaki, which was founded in 2013 by Abhishek Chatterjee, also provides data analysis and predictions about customer behavior, marketing, and product sales to brands. Retail Almost 50% of card spends happen on fashion and retail stores: Report The credit card issuance rose 10% in year 2014-15 after dipping marginally a year ago as banks made efforts to weed out the inactive cards from the system. Retail Payment companies like Citrus Pay, Innoviti buy into MSME segment PayUMoney tied up with digital lending platform Lendingkart and launched Lendingkart Grow, an initiative to provide working capital loans to SMEs. Retail Private label: The rising star of Indian retail (With inputs from Harshdeep Chowdhary and Sameer Kakkar) Although India may represent one of the least developed modern retail markets globally, the story of.. Retail Arvind Rebrands Big Megamart Stores to Create New Value Format Textiles major Arvind Ltd has created a new value department chain branded 'Unlimited' by converting large stores of its existing chain Megamart that has been struggling to shed its 'discount format' image. Telecom India Not a Winner-Take-All Market, Says Paytm's Vijay Shekhar Sharma at GMIC 2015 Flipkart and PayTM are betting on mobile-first strategy for growth, as more people access internet and related services through their smartphones. Telecom VoIP Services Market BYOD trend and demand for mobility is leading to growth of smart devices in the market and hence increasing the growth of VoIP services across the globe. Additionally, technological advancement has enabled the network operators to enhance their infrastructure and use of VoIP on these networks has increased over the past few years. Further, business consumers are adopting the cloud based hosted business solutions which are cost effective and offer high quality of service. Moreover, the companies such as Verizon and AT&T are diversifying their offering by getting into the market with their products such as AT&T call vantage. Telecom PM, FM seek end to call drops as govt clears spectrum trading Following the Cabinet’s decision to allow spectrum trading, Prime Minister Narendra Modi and senior ministers, including finance minister Arun Jaitley and urban development minister Venkaiah Naidu, have urged telecom minister Ravi Shankar Prasad to end call drops soon, sources said. Finance All is not well between Modi and corporate India Prime Minister Narendra Modi hasn't worn a business suit when on Indian soil in the last several months, and rarely during his recent foreign travels. Close associates of the PM claim this effort to shed his government's image of a 'suit-book Finance It's like PayPal but pays interest, and India's banks are afraid Of the top 50 brands, 13 are banks and financial services companies and 12 are home and personal care brands Finance Why Sequoia's new India fund is a smoke signal The VC firm’s India team has been under pressure for some time to ‘not miss out on the next big thing’ Finance Four e-tail players join India's super-rich club Most new entrants come from FMCG, manufacturing, mobile phone and technology sectors Food/FMCG Amul to invest Rs 600 crore to set up 4 plants in Uttar Pradesh Amul is planning to set up four dairy plants entailing a total investment of Rs 600 crore in Uttar Pradesh, a top company official said today. Food/FMCG PepsiCo CEO Indra Nooyi in Fortune's powerful women in business list PepsiCo CEO Indra Nooyi is the sole Indian-origin executive in Fortune's list of 50 most powerful women in business. Food/FMCG Patanjali prepares to enter consumer sector Patanjali Ayurved Limited (PAL), which was founded in 1997 as a small pharmacy is all set to enter the consumer sector. The Ayurveda company is going to bring about structural changes in the consumer mindset towards packaged products, especially in Food/FMCG Nature's Basket to strengthen online presence, take grocery items to 125 cities Nature's Basket has 33 stores in five cities, which will act as hubs for the online operations Software Are valuations really high for Indian startups and is there a correction due? Software To remain competitive and attract talent, Infosys plans to increase stipends during internship Fresher salary offered by IT companies in India had been stagnant at the level of Rs 3 lakh over the past 8-10 years Software Exclusive billionaire club invests $50 million in just 90 days in tech-savvy companies in India, China and the US Asian billionaires and family offices is investing in technologies companies in India, China and the US that are mulling an IPOs. Software Cognizant signs MoU and plans to invest Rs 1000cr in Tamil Nadu within five years IT major Cognizant has announced that it plans to invest about Rs 1,000 crore in Tamil Nadu over the next five years. Ecommerce Noida-based mobile commerce firm Paytm plans to spend Rs 500 crore to strengthen market position and ramp up its supply chain ahead of the festive season Paytm plans to spend Rs 500 crore to strengthen market position and ramp up its supply chain ahead of the festive season, according to a top company executive. Ecommerce Ikea set to open first India store in Hyderabad by 2017; Firm currently in discussions with various state governments to buy land to open stores Firm is currently in discussions with various state governments to buy land to open stores Ecommerce Home design and decor e-tailer Livspace acquires YoFloor, a mobile platform that offers a virtual trial room for home decor decisions This is the third acquisition by Livspace, backed by Helion Venture Partners, Jungle Ventures and Bessemer Venture Partners, after it'd bought out design comm.. Franchise Franchisee Journey: From college freshman earning $0.50 an hour at Pizza Hut to President of Daland Corporation, Pizza Hut (106 restaurants in 12 states) In 1966, Bill Walsh started working at Pizza Hut for less than a dollar per hour and unlimited beer refills. Today, he's the president of a company that owns 106 restaurants. Franchise How to negotiate the daunting steps to establish your family owned franchise as a new corporate entity How do you ensure a family business can survive beyond its founders? The step from being a family owned and controlled business to establishing a new board of directors can be daunting.   Franchise Would you be building an empire or accelerating your financial demise by expanding through multi-unit franchising? News of the bankruptcy of former Olympic basketballer and high-profile multi-unit franchisee Shane Heal has generally received more attention in the sporting pages than in the business press. Perhaps part of the reason is the timing of the announcement, on the last business day before Christmas and at a time when business journalists and their readers alike are winding down for the holiday season, while sports journalists are gearing up to cover the cricket and tennis. While personal bankruptcies are unfortunately on the rise as the fallout from the GFC continues to unfold, Heal’s bankruptcy is significant because of the potential lessons for franchisors and franchisees that it may contain. HR Search firms blacklist executives who say 'no' to offers in ecommerce companies A search expert cited the case of a senior manager who dropped an offer from Flipkart at the last minute to take up an offer from mid-sized startup Urban Ladder. HR India's strength is in how it handles diversity, says UN Envoy on Youth Working towards youth and women empowerment in India, how the country's diversity gives it an advantage over many others and the power of Indian cinema, are some of the things that the UN Secretary-General's Envoy on Youth, Ahmad Alhendawi, talked about during his maiden visit to India. HR UK largest G20 investor in India, currently employs 6.91 lakh people HR United Arab Emirates look to India as a new key partner Royals in the Persian Gulf view India as a key partner for multi-billion dollar investments and counter-terrorist cooperation, writes Shishir Gupta. Logistics A flood of Freight Forwarding and Logitics groups enter Myanmar as it acts as a nodal hub and opportunities for trade rise Logistics Mahindra launches TUV 300 as India's cheapest and most compact SUV, priced at Rs 6.9 lakh for the diesel variant Venkaiah Naidu urged the opposition party to “eschew negative politics and engage with the government.” Logistics India's plan to introduce GST will boost Indo-UK trade, says British government India's plans to open up its defence and insurance markets and roll out GST and will boost bilateral trade between the UK and India, according to the Britain. Logistics Railways to start campaigns on clenliness in trains, smoking and driking will no be tolerated, travellers can 'Dial 182' on spotting violators The GST is expected to usher in a new indirect taxes regime New Delhi Pitching for early ... Construction Ex-Housing.com CEO Rahul Yadav set to raise $15m for new biz Among the entrepreneurs investing in the 26-year-old's new venture are Vijay Sekhar Sharma of Paytm and Sachin Bansal of Flipkart.. Construction I-T raids on builders close to Asaram, Sai I-T officials in Ahmedabad and Surat, however, maintained that the raids had nothing to do with Asaram and Narayan Sai.. Construction Telangana Government to digitize Land records in 10 districts The government has taken up an initiative to update and digitise land records in all 10 districts in Telangana... Construction YoFloor acquired by Livspace This is the third acquisition by Livspace following design marketplaces DezignUp and Dwll.in.. Marketing Madison Media wins Oyo Rooms advertising account for Rs 100 crore : Report Madison Media Plus, a part of Madison Media Group, has bagged the advertising account of hotel-network startup Oyo Rooms.   Marketing India mobile ad spends to reach Rs 720 crore in 2015 : Report The mobile advertising ecosystem is expected to be worth in excess of Rs 700 crore in 2015; a jump of just over 60 per cent as compared to 2014. However, this increase is just a prelude for a much larger shift in how companies are approaching mobile ad spends, which will start becoming apparent in 2016 and 2017, say industry experts.   Marketing Instagram Steps up in Advertising : Now available in India 30 Other Countries Now large and small advertisers will be able to run campaigns on Instagram starting this month, and ads are now available in more than 30 new countries, including India, South Korea and Mexico. Marketing Chinese ad platform Mobvista to invest $100 million in India Chinese mobile advertising platform Mobvista said it would invest $100 million in India over the next three years. The India investment is part of its strategy to expand presence in the country, which contributes arou   Politics Lessons from the Saudi diplomat case: Should working for envoys come with a ‘slave’ warning? A Saudi diplomat in India, the First Secretary at the Embassy, is on his way out of the country with his family. The two maids allege that for months they have been treated as sex slaves, passed around by the diplomat to his friends, beaten and sometimes not given food. Politics Nitish most favoured CM but opinion polls divided over Bihar Assembly election results Just a day after the dates for the Bihar polls were announced, opinion polls have begun predicting the results of the highly charged state polls. Politics When will acche din come for farmers: Rahul Gandhi asks PM Modi in Odisha Embarking on a 'Save Farmer March' in Odisha, Rahul Gandhi on Thursday accused the Narendra Modi government of neglecting farmers and took a dig at the prime minister. Politics E-voting – Gujarat shows the Way for Digital India Gujarat government made it compulsory in local body elections. Now to make it easier for voter the government has set up a website where they can register and then cast their votes from the comfort of their home or wherever they are. Sports Roger Federer set to play for Virat Kohli co-owned UAE Royals in IPTL 2 With the presence of Rafael Nadal in the Indian Aces, Roger Federer will no longer turn up for the franchise from this year onwards. Sports Fans in Mumbai might have to spend upto Rs 1,000 for India-South Africa ODI Mumbai would be hosting its 1st international game after the 2013 India-West Indies farewell Test of Sachin Tendulkar. Sports Wayne Rooney will be coming to India as part of the ISL, says Sourav Ganguly Wayne Rooney is part of that ISL promotional and is likely to visit the city in November. Sports India beat Malaysia 9-1 to enter semi-final of Junior Asia Cup The Indian eves started on an attacking note and penetrated the Malaysian circle in the early minutes of the game. Entertainment Shahid Kapoor, Alia Bhatt’s ‘Shaandaar’s first song ‘Gulaabo’ wins hearts all the way Amit Trivedi's music and Shahid Kapoor and Alia Bhatt's dance moves add the perfect zing to the first official song of their forthcoming movie 'Shaandaar' - 'Gulaabo'. Entertainment Trailer of Jake Gyllenhaal’s ‘Demolition’ released The trailer for Jake Gyllenhaal's new drama "Demolition" has surfaced online. Entertainment After the success of ‘Dheere Dheere’, Katrina Kaif to feature in a single for T-Series ? Actress Katrina Kaif could soon be seen in a single produced by music company T-series. Entertainment Fatwa against A R Rahman, Majid Majidi for film on Prophet The fatwa, issued by Raza Academy, demands that Muslims reject Majidi’s film titled ‘Muhammad: Messenger of God’ — first of the trilogy on the life of Prophet Mohammad. TradeBriefs Publications are read by over 10,00,000 Industry Executives 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