Friday, September 18, 2015

September 18, 2015 - No threat from Snapdeal-backed Freecharge's digital wallet. We are way ahead in the game: Paytm

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Digital
No threat from Snapdeal-backed Freecharge's digital wallet. We are way ahead in the game: Paytm
No threat from Snapdeal-backed  Freecharge's digital wallet. We are way ahead in the game: Paytm - Economic Times
Vijay Shekhar Sharma, cofounder of Paytm, feels it is inevitable, given the segments growth potential.



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Digital
Hinduja launches digital services platform under NXT Digital brand; to invest Rs 5,000 crore for next phase
Hinduja Ventures has launched its HITS (Headend-in-The-Sky) digital services platform


Digital

Digital

Digital
E-commerce firm ShopClues targets $1.2 billion GMV by March 2016
E-commerce firm ShopClues  targets $1.2 billion GMV by March 2016 - DNA India
The company, which competes with the likes of Flipkart, Snapdeal and Amazon, also aims to increase its GMV to USD 1.2 billion by the end of March 2016.


Retail
Nils Chrestin to run the show at Jabong as founders Arun and Praveen move out
Nils Chrestin to  run the show at Jabong as founders Arun and Praveen move out - Economic Times
Nils Chrestin, of Global Fashion Group, is running the show at Jabong as its CEO Arun Chandra Mohan has quit and MD Praveen Sinha is on his way out.

Retail
Mobile wallet
To set the context, let me first define what in my opinion a mobile wallet is. It is a stored value account that can store cash, debit/credit card details or..

Retail
E-commerce bubble will burst soon, says former Network18 MD Raghav Bahl
E-commerce  bubble will burst soon, says former Network18 MD Raghav Bahl - YourStory.com
The e-commerce bubble is likely to burst sooner than later as businesses run on profits and not on ideas, former MD of Network18 Raghav Bahl says.

Retail
E-commerce creating smaller businesses: Kishore Biyani
E-commerce creating smaller  businesses: Kishore Biyani - Business Standard
Speaking about the current regulatory environment at the India Retail Forum (IRF) here, Biyani expressed disappointment over ever-increasing number of permits for doing business.


Telecom
Protecting the Internet, but Depriving India's Poor
The last time Prime Minister Narendra Modi visited the United States, he stood with Hugh “Wolverine” Jackman and declared, for some reason, “May the force be with you.” This month, when he meets the Facebook co-founder Mark Zuckerberg in Menlo Park, Calif., Indians hope their leader won’t yell, “Don’t be evil.”

 


Telecom
COAI asks telecom department to relook spectrum cap rules for 800 MHz
COAI asks  telecom department to relook spectrum cap rules for 800 MHz - Economic Times
COAI said the price discovered for the band in the March 2015 auctions couldnt be used as market determined price in circles where airwaves sold were less than 5 MHz.


Telecom
DoT to meet telecom companies next week to review call drop situation
DoT to meet telecom companies  next week to review call drop situation - Economic Times
TRAI will issue final recommendations by mid-October on compensation to be paid by mobile operators to their customers for call drops.


Telecom
Spectrum trading at latest auction price: Official
Spectrum trading at latest  auction price: Official - Economic Times
Spectrum trading at latest auction price, says official - Telecom companies would be allowed to trade spectrum at a price achieved in the latest auction of airwaves or higher than that, an official source said.



Finance
Why small and payment banks will be a pincer attack on India's banking oligopoly
Why small and payment banks will  be a pincer attack on India's banking oligopoly - Firstpost
With the RBI announcing an "in-principle" grant of small bank licences to 11 non-bank financial institutions, the mainstream banks will face competitive pressures both on the liabilities and assets sides of their businesses.


Finance
Private banks may now become fully foreign owned as FinMin, DIPP and RBI mull raising FDI limit to 100%
Private banks may now become  fully foreign owned as FinMin, DIPP and RBI mull raising FDI limit to 100% - Economic Times
The move would be in keeping with the governments push to streamline foreign direct investment and open up key sectors to overseas participation.


Finance
Hero Cycles buys Firefox Bikes Rs150 crore
Hero Cycles buys Firefox Bikes  Rs150 crore - Livemint
Firefox Bikes will continue to have its distinct brand identity and remain a separate business entity post the acquisition


Finance
How China’s slowdown affects the rest of the world
How China’s slowdown  affects the rest of the world - Livemint
Impact stems from not only the size of China’s economy, but also its earlier rapid growth and the model it adopted



Food/FMCG
SABMiller Gets Takeover Approach From Anheuser-Busch InBev
SABMiller Gets Takeover Approach  From Anheuser-Busch InBev - Wall Street Journal
Anheuser-Busch InBev launched an effort to take over SABMiller PLC, a bold move that, if successful, would create a brewing giant that would dominate much of the global beer market.

Food/FMCG
Instant coffee makers import raw coffee as prices rise here
Instant coffee makers import raw  coffee as prices rise here - ET
Prices of Indian green coffee of both varieties ­ Arabica and Robusta ­are about 10% higher than global prices. So exporters are importing raw coffee.

Food/FMCG
RB's Global CEO on How the Brand Rode 'Swachh Bharat's Popularity in India
RB's  Global CEO on How the Brand Rode 'Swachh Bharat's Popularity in India - Adage India
Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities

Food/FMCG
Dabur walks the baby talk
Dabur walks the baby talk -  Business Standard
Homegrown FMCG major takes on MNC giants as it floats a new sub brand for baby care products


Software
HP to lay off 30K employees globally : Impact to be minimal in India
HP to lay off  30K employees globally : Impact to be minimal in India - Economic Times
The latest round of lay-offs will mostly be in HP's corporate hardware and services operations, to be spun off as HP Enterprise, or HPE.


Software
Government rolls out made-in-India BOSS Operating System to prevent any cyber attacks : Will replace Windows on all official systems
Government rolls out  made-in-India BOSS Operating System to prevent any cyber attacks : Will replace Windows on all official systems - International Business Times
The country is aiming to protect valuable data by replacing the Windows operating system with its own version, titled BOSS.


Software

Software
Infosys co-founder Nandan Nilekani invests in Bangalore-based mobile technology startup Mubble
Infosys co-founder Nandan  Nilekani invests in Bangalore-based mobile technology startup Mubble - Daily News Analysis
Infosys co-founder Nandan Nilekani invests in telecom start-up Mubble - Infosys co-founder Nandan Nilekani has invested in Bengaluru-based startup Mubble that offers solutions to help users track and control their telecom spends.



Ecommerce
Jugnoo buys older start-ups to take on Ola and Uber; acquires both Bistro Offers and Yelo for $1 million in cash and stock - Business Standard
India's Jugnoo, a ten-month-old start-up that has apps for both auto rickshaw rides and food delivery, announced it acquired Bistro Offers, a restaurant discovery app and Yelo, a services marketplace. The deal size of both the start-ups combined is said to be worth $1 million in cash and stock.

Ecommerce
Online real estate rental firm NoBroker's office attacked by more than 40 local brokers and agents
Bangalore-based online real estate rental firm, NoBroker Technologies Solutions Pvt. Ltd's office was attacked by more than 40 local brokers and agents

Ecommerce
85 per cent of Indian e-commerce firms are over-valued including Flipkart, Snapdeal, says Vinod Khosla
85 per cent of Indian e-commerce  firms are over-valued including Flipkart, Snapdeal, says Vinod Khosla - Business Standard
Flipkart, the country's largest e-commerce company, is valued at $15.5 bn, while its rival, Snapdeal, is valued at nearly $5 bn



HR
Rajasthan government to provide 1.20 lakh new jobs: Vasundhara Raje
Aiming to create 15 lakh jobs in her five-year tenure, Rajasthan Chief Minister Vasundhara Raje today said that 1.20 lakh new government jobs would be...


HR
In a break from convention, spouse hiring gains wider acceptance
In a break from convention,  spouse hiring gains wider acceptance - Economic Times
Spouses working in the same organisation increase the level of employee stickiness. Most organisations are now more open to the idea of spouse hiring.


HR
Top 8 Stress-Free Well-Paying Jobs in India
Top 8 Stress-Free & Well-Paying Jobs in India - BENGALURU: What makes a job most favorable? A fat pay cheque, limited hours of work and of course, no work pressure. Though people...


HR
HP to layoff 30000 more jobs in enterprise business
HP to layoff 30000 more jobs in  enterprise business - The Indian Express
HP has decided to cut 30,000 more employees from the enterprise business ahead of split in November



Logistics
American Airlines flights to Dallas, Chicago, Miami grounded due to technical snags
American Airlines flights to  Dallas, Chicago, Miami grounded due to technical snags - Times of India
American Airlines Group Inc said it has halted flights to three of its hubs on Thursday amid technical issues the carrier was trying to fix.


Logistics

Logistics
On the road to recovery
A government that was elected to power on the promise of ushering in an economic revival nationally, will have good reason to cheer over the latest data showing an increase in investments in the road and power sectors.

 


Logistics
NHAI global arm to build roads in Iran, Sri Lanka, Nepal and Bhutan
NHAI global arm to build roads  in Iran, Sri Lanka, Nepal and Bhutan - Economic Times
Work on the $8 billion road connectivity projects among Bangladesh, Bhutan, India and Nepal (BBIN) is likely to be completed within two years...



Construction
Delhi govt sets up GoM for regularising unauthorised colonies
Delhi govt sets up GoM for  regularising unauthorised colonies - ET Realty
The Cabinet has also approved the proposal to


Construction
South outperforms North as top tier II residential realty destination
South  outperforms North as top tier II residential realty destination - ET Realty
Kochi is followed by Nashik at 2 and Vadodara at 4, both from western India. Regionally, south is at the top, followed by west and central India..


Construction

Construction
Flipkart co-founders, others invest $350,000 in Realty brokers’ app PlaBro
Flipkart  co-founders, others invest $350,000 in Realty brokers’ app PlaBro - ET Realty
The company, with presence in the Gurgaon and Noida markets in Delhi NCR, is planning to utilise the funds to build a stronger network and expand its footprin..



Marketing
Modi's Friendship with Zuckerberg Cannot Wish Away Digital Policy Issues : Report
Modi's Friendship with  Zuckerberg Cannot Wish Away Digital Policy Issues : Report - The Wire
Wooing the big digital players to invest in India is all very well, but Indian companies will be looking for a level playing field too


Marketing
MakeMyTrip completes 10 years in India : Focuses on disruptive creative ad format

MakeMyTrip has completed a decade of India operations. From being among the first OTA in the world to offer low-cost inventory online, launching the first iPhone travel app in India, to opening up new avenues for Indian travellers and travel-partners alike, MakeMyTrip ushered many first-in-industry offerings. Today, it has a dominant position in the OTA market as a whole, and especially in flights, mobile and hotel-transactions.

 


Marketing
Marketing Execs Move on from Auto Majors as Industry Remains Sluggish : Report
Marketing Execs  Move on from Auto Majors as Industry Remains Sluggish : Report - Adage India
With the auto market moving sluggishly, the past few months have seen around half a dozen senior executives changing their positions. Further movement expected.


Marketing
ChoiceStream Raises $14 Million to Expand Programmatic Platform
Series C Round Will Accelerate the Launch of an Amplified Self-Service Offering for Brands and Agencies and Expand the Company’s Growing Managed Services Business

 



Politics
Bihar Assembly elections: Nominations for first phase begin
Bihar Assembly elections: Nominations for first  phase begin
The filing of nomination papers for the first phase of Bihar assembly polls, slated to be held on 12 October, began on Wednesday, an official said.


Politics
Modi’s police is taking revenge, my wife being misused for political ends, says Somnath Bharti
Modi’s police is taking revenge, my wife  being misused for political ends, says Somnath Bharti
AAP MLA Somnath Bharti on Wednesday said that his wife Lipika Mitra, who has filed a case of attempt to murder and domestic violence against him, was being "misused" for political ends by rival parties taking advantage of her "gullibility".


Politics
Racing towards utopia: Decoding the Agri Minister endorsement of ‘yogic farming’ to enhance seeds’ potency
Racing towards utopia: Decoding the Agri Minister  endorsement of ‘yogic farming’ to enhance seeds’ potency
BJP ministers’ quirky utterances that often fly in face of logic, history and science are not an aberration but form a pattern


Politics
Ravi Shankar Prasad defends govt’s decision to discontinue Indira, Rajiv Gandhi stamps
Ravi Shankar Prasad defends govt’s decision to  discontinue Indira, Rajiv Gandhi stamps
The government has defended its decision to discontinue stamps of former Prime Ministers Indira Gandhi and Rajiv Gandhi under the definitive series saying that postage stamps should honour leading lights of the nation and not members of one family. - Firstpost



Sports
Davis Cup: Hoping for a scorching sunrise
Davis Cup: Hoping for a scorching sunrise
India banking on heat, humidity and in-form Yuki to make headway against better-ranked Czech Republic.


Sports
Hockey India League auctions: Akashdeep Singh highest paid Indian, Moritz Fuertse sold for record price
Hockey India League auctions: Akashdeep Singh highest paid Indian, Moritz  Fuertse sold for record price
With field-goals set to be counted as two, strikers in demand at Hockey India League auction.


Sports
Prime Minister Narendra Modi's knowledge on sports leaves Saina Nehwal surprised
Prime Minister Narendra Modi's knowledge on sports leaves Saina Nehwal surprised
She also briefed the Prime Minister about her silver medal winning feat at the World Championship and becoming world number one.


Sports
Adam: 'Our goal is to be a top team in time for the U17 FIFA World Cup in India'
Adam: 'Our goal is to be a top team in time for the U17 FIFA World Cup in India'
The coach believes the Iranian test in the AFC U16 championship qualifiers will provide the ideal checkpoint to measure the Indian U17s progress, urges greater support.



Entertainment
Akshay Kumar on donating 90 lakhs to drought-hit farmers in Maharashtra: It is embarrassing to talk about charity
Akshay Kumar on donating 90 lakhs to drought-hit farmers in  Maharashtra: It is embarrassing to talk about charity
Akshay Kumar, who is donating a sum of Rs. 90 lakhs to drought-hit farmers in Maharashtra, expresses his reluctance to talk about his charitable act.


Entertainment
‘Bajirao Mastani’ was emotionally draining: Deepika Padukone
‘Bajirao Mastani’ was emotionally draining:  Deepika Padukone
Actress Deepika Padukone feels her upcoming film "Bajirao Mastani" was more draining than "Ram Leela".


Entertainment
If ‘Talvar’ starts a debate, it’ll serves its purpose: Director Meghna Gulzar
If ‘Talvar’ starts a debate, it’ll serves its  purpose: Director Meghna Gulzar
Meghna Gulzar, whose film "Talvar", based on the 2008 murder of 14-year-old Aarushi Talwar and her family's domestic servant Hemraj, says if the movie sparks a debate, it'll have served its purpose.


Entertainment
Rajinikanth turns suave don in Tamil film ‘Kabali’
Rajinikanth turns suave don in Tamil film  ‘Kabali’
Overlooking the city skyline with legs crossed and hand resting behind his head, superstar Rajinikanth turns a sophisticated don in his next Tamil outing "Kabali".




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