Monday, October 19, 2015

October 19, 2015 - Ola hires Infosys' outgoing CFO Rajiv Bansal as new finance head

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Digital
Ola hires Infosys' outgoing CFO Rajiv Bansal as new finance head
Ola hires Infosys' outgoing  CFO Rajiv Bansal as new finance head - Economic Times
Bansal, whose exit from Infosys was announced earlier this week, will be joining the Bengaluru based startup from January 1.


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Digital
Samsung sets up team to plan online sales strategy in India
Samsung sets up team to plan  online sales strategy in India - Economic Times
Samsung is looking to tap the booming e-commerce market in India for its consumer electronics division and has set up a team at its headquarters to plan online sales strategy for the country.


Digital
Pruthvi: A chip designed in Bangalore is answer to connecting India's rural population to the Internet
Pruthvi: A chip designed in  Bangalore is answer to connecting India's rural population to the Internet - Economic Times
A tiny chip designed in Bengaluru, the size of a postage stamp, might hold the answer to connecting Indias rural population to the Internet.


Digital
'In this digital world, nothing is local and everything has to be global', says serial entrepreneur KaushalChoksi
'In this digital world,  nothing is local and everything has to be global', says serial entrepreneur KaushalChoksi - YourStory.com
A business man, serial entrepreneur and an investor, KaushalChokshi has, over the decades not only founded over 20 organisations across Asia, USA and Europe but has also been a part of three successful exits and an IPO. YourStory spoke to Kaushal at the Startup India event at Goa and got some valuable insights on the growing Indian startup ecosystem and the need to make Indian companies global.


Digital

Retail
Reliance Industries to enroll 1.5 lakh vendors for its ecommerce venture
Reliance  Industries to enroll 1.5 lakh vendors for its ecommerce venture - Economic Times
RIL said the ecommerce platform for electronics products is ready for deployment while it plans to roll out online grocery marketplace in the fourth quarter.

Retail

Retail
IPL sponsorship: Pepsi exits, Chinese mobile phone maker Vivo to ride on brand IPL to gain Indian market share
IPL sponsorship: Pepsi exits,  Chinese mobile phone maker Vivo to ride on brand IPL to gain Indian market share - Economic Times
For a brand that entered last December and has an around 2% market share, the title sponsorship of IPL could provide the much needed marketing push.

Retail
Lukewarm response to new Apple iPhones in opening weekend
Lukewarm response to new Apple  iPhones in opening weekend - Business Standard
The two products, which are upgrades of the iPhone 6 and iPhone 6 Plus, were unveiled a year ago and look forward to surpass the 55,000 sales figures it achieved last year.


Telecom
Provide profitable path to entrepreneurs, ensure net neutrality: Sam Pitroda
He is considered the father of India's telecom revolution.

 


Telecom
Subsidy for call drops. Is this Digital India?
Subsidy for call drops. Is this  Digital India? - DailyO
Experts have raised concerns over the implementation of telecom regulator Trai's new rules regarding the compensation to consumers for call drops


Telecom
iPhone 6s, iPhone 6s Plus most expensive in India: A look at prices in other countries
iPhone 6s,  iPhone 6s Plus most expensive in India: A look at prices in other countries - The Indian Express
iPhone 6s and iPhone 6s Plus are now officially available in India, but Apple's new phones cost the most here if one were to go by price-comparisons with other countries.



Finance
Indian microfinance institutions have just busted a myth
Indian microfinance institutions  have just busted a myth - Livemint
ED report names Axis Bank, DCB Bank, Dhanlaxmi Bank, ICICI Bank, IndusInd Bank, ING Vysya Bank, Kotak Mahindra Bank and YES Bank


Finance
Paytm eyes Rs 500 crore revenue from hotel bookings
Paytm eyes Rs 500 crore revenue  from hotel bookings - Economic Times
Digital payments company Paytm has expanded its platform to allow customers to make hotel bookings and expects revenue of Rs 500 crore from the service over the next six months.


Finance
Former chairman of Axis Bank PJ Nayak says consolidation can create only big weaker PSBs
Former chairman of Axis Bank PJ  Nayak says consolidation can create only big weaker PSBs  - Economic Times
The government has reportedly identified some of the weak state-run banks to be merged with large ones.


Finance
DCB Bank decides to roll back aggressive branch expansion plan
DCB Bank decides to roll back  aggressive branch expansion plan - Economic Times
Shaken by the black lash from the stock market, private sector lender DCB Bank is rolling back its aggressive expansion plan.




Software
Indian IT players tying up with global technology hardware-centric companies to offer services in the internet of things (IoT) space
Indian IT players tying up with  global technology hardware-centric companies to offer services in the internet of things (IoT) space - Business Standard
Large Indian information technology (IT) services providers are tying up with global technology hardware-centric companies to offer services in internet of things (IoT) or connected machines space eyeing the growing multi-billion dollar market. Such


Software
Samsung sets up new team plan online sales strategy in India
Samsung sets up new team plan  online sales strategy in India
"The company is looking at online sales in India very closely. It has even formed a team at the headquarters to plan for the online sales strategy in India," a source said.


Software
Chinese smartphone maker Vivo to create over 2,200 jobs at Greater Noida unit
Chinese  smartphone maker Vivo to create over 2,200 jobs at Greater Noida unit
Chinese smartphone maker vivo will create over 2,200 jobs at its Greater Noida facility, which will become operational by the end of this month.


Software
HCL begins shift from bell curve appraisals towards feedback-based system
HCL begins shift  from bell curve appraisals towards feedback-based system
HCL is identifying departments where it can use a feedback-based performance appraisal system, joining a growing list of companies.



Ecommerce
Flipkart's Big Billion Days sale churns out $300 million GMV; three times bigger than last year with the participation of 40,000 sellers, millions of visitors
Flipkart's Big Billion Days  sale churns out $300 million GMV; three times bigger than last year with the participation of 40,000 sellers, millions of visitors - Financial  Express
The just concluded five-day 'Big Billion Days' sale of e-commerce major Flipkart, now in its second edition, saw a business turnover of over $300 million in gross merchandise volume...

Ecommerce
Why Paytm has a different strategy from Flipkart, Amazon during the festive season?
Pursuing a slightly different strategy from Flipkart, Amazon and Snapdeal is ecommerce major Paytm, formerly a mobile payment solutions startup and no..

Ecommerce
Housing.com appoints Mani Rangarajan as chief financial officer as it looks to strengthen its senior management team
Firm appoints Mani Rangarajan as chief financial officer as it looks to strengthen its senior management team


Franchise
Franchisee Journey: From unemployed father with 6 kids to Liberty Tax franchisee with 6 locations
Franchisee Journey: From  unemployed father with 6 kids to Liberty Tax franchisee with 6 locations - Entrepreneur
With six kids to care for, Becky and Eric Elder were hit hard by the Great Recession. But they survived by fighting, and filing taxes, for their many clients.


Franchise
So what exactly is franchising and what makes a good franchise?
So what exactly is franchising  and what makes a good franchise? - Franchise Business
Franchising is an opportunity for anyone to grasp the chance of business ownership. So what exactly is franchising?


Franchise
How should you approach franchise investment when times are bad?
An interesting phenomenon of a general downturn in the economy has often been the growth in franchise systems that occur while the rest of the economy is going south.



HR
HCL begins shift from bell curve appraisals towards feedback-based system
HCL begins shift  from bell curve appraisals towards feedback-based system - Economic Times
HCL is identifying departments where it can use a feedback-based performance appraisal system, joining a growing list of companies.


HR
E-surveillance may take away 2 lakh ATM security jobs
E-surveillance may take away 2  lakh ATM security jobs - Economic Times
Almost 2 lakh security personnel manning ATMs may lose their jobs over the next 2-3 years as banks have started deploying e-surveillance.


HR
India aims to be medical and wellness tourism hub
India aims to be medical and  wellness tourism hub - Enterprise Innovation
On World Tourism Day, India unveiled new initiatives to promote the country as a medical and wellness tourism hub.


HR
Zomato cuts 300 jobs worldwide
Restaurant listing and services company Zomato is laying off 300 employees or nearly 10 per cent of its global workforce.



Logistics
Delhi Transport Minister Gopal Rai meets members of auto unions ahead of car free day in the capital
Delhi Transport Minister Gopal  Rai meets members of auto unions ahead of car free day in the capital - Daily News Analysis
Delhi Transport Minister Gopal Rai meets members of auto unions ahead of car-free day - As many as 400 volunteers of the Union will also run an awareness campaign in this regard with pamphlets like 'Ab Bus Karein' to encourage people to participate in the programme in large numbers.


Logistics
AAI seeks CAG audit of Delhi airport JV partners after sharp drop in revenue
Air-travellers flying IndiGo, SpiceJet and GoAir from terminal 1D (T1D) of the capital’s IGI airport could soon find their passage hassle-free. The government has directed air carriers to increase


Logistics
Modi to discuss investment proposals for Chabahar port, along with 3 similar proposals from other nations: Nitin Gadkari
Modi to discuss investment  proposals for Chabahar port, along with 3 similar proposals from other nations: Nitin Gadkari - Livemint
India is ready to invest Rs2 trillion at the Chabahar SEZ in Iran but the investments would depend on gas prices, transport and shipping minister Nitin Gadkari said


Logistics
Indian Railways to be country's next growth economic engine: Report
Indian Railways  to be country's next growth economic engine: Report - Economic Times
Leading brokerage JM Financial has come out with its report 'Railways: Turning the Corner' focussing on Indian Railways.



Construction
Builders to pay for damages in Delhi, According to Trial Court
Builders to pay for damages in  Delhi, According to Trial Court - ET Realty
A trial court has said that buyers can claim damages from builders if the latter fails to hand over the property on time.


Construction
Google is looking to expand in Gurgaon

Google has leased 4,30,000 sq ft of office space from real estate developer Unitech in the second phase of its Signature Towers II project in Gurgaon. The tech giant already has 160,000 sq ft of space spread over eight floors in the same complex.

 


Construction
Property registrations pickup in Vizag

Property registrations have zoomed by nearly 35 per cent in the first half of the current fiscal as compared to the same period last year in Vizag.

 


Construction
Ahmedabad realtors bet on community living for senior citizens
Real estate developers in the country are increasingly turning to a mostly untapped segment where demand is on the rise - senior homes - even as there's a slowdown in the overall housing market.

 



Marketing
Google India marketing head heads to Googleplex : Report
Google India marketing head  heads to Googleplex : Report - Deccan Herald
Google India is all set to get a new Country Marketing Head soon as Sandeep Menon's ascendant career graph has taken him to Googleplex in Mountain View, California, with higher responsibilities.


Marketing
Nothing like the Indian market : Report
Nothing like the Indian market :  Report - Hindu Business Line
An advertising veteran looks at its diversity, quirks and contradictions


Marketing
Economic policy, marketing strategy tips for farmers
Economic policy, marketing  strategy tips for farmers - Times of India
Economist Dr Vinayak Govilkar shared his views, along with a demonstration on packaging and marketing tips with the farmers. He shared tips on global marketing of Indian farm produce and how farmers could avail benefits of the 'Make in India' campaign. Planned use of water, inhouse water conservation technique, and compost plant within farms are soem of the sessions attracting the farmers.



Politics
‘Indian democracy cannot be a tyranny of the unelected’: Arun Jaitley’s ‘alternative view’ on NJAC verdict
‘Indian democracy cannot be a tyranny of the  unelected’: Arun Jaitley’s ‘alternative view’ on NJAC verdict
The key rationale behind the majority opinion appears to be that independence of judiciary is an essential ingredient of the basic structure of the Constitution. This is unquestionably a correct proposition. Having stated this, the majority transgresses into an erroneous logic.


Politics
Modi or the fringe? Apologists cannot keep running with the hare and hunting with the hounds
Modi or the fringe? Apologists cannot keep running  with the hare and hunting with the hounds
The fringe group apologists in the intellectual circles confound one with their amazing ability to obfuscate matters and evade taking a stand.


Politics
‘I am not Sheila Dikshit, won’t stay silent’: Kejriwal slams Delhi Police over rape of minor girls
‘I am not Sheila Dikshit, won’t stay  silent’: Kejriwal slams Delhi Police over rape of minor girls
In the wake of gang-rape of two minor girls in Delhi, Chief Minister Arvind Kejriwal on Sunday took on the Centre over policing and said he will not let Prime Minister Narendra Modi sleep "peacefully" if such incidents recur.


Politics
Kejriwal takes a dig at ‘smart cities’ project, says make people’s lives ‘smart’ first
Kejriwal takes a dig at ‘smart  cities’ project, says make people’s lives ‘smart’ first
Taking a jibe at the Centre for its 'Smart Cities' project, Delhi Chief Minister Arvind Kejriwal on Sunday said it is "impossible" to achieve it when common people remain poor, unemployed and starve for even basic facilities like drinking water.



Sports
India vs South Africa, 3rd ODI: MS Dhoni and Co let it slip through fingers
India vs South Africa, 3rd ODI: MS Dhoni and Co let it slip  through fingers
From 193/2 in 42nd over, India collapse to 216/6 against Morne Morkel’s hostile bowling and proceed to lose 3rd ODI by 18 runs.


Sports
CSK, RR to stay, bids for 2 new IPL teams for period of their suspension
CSK, RR to stay, bids for 2 new IPL teams for period of their  suspension
BCCI, after Working Committee meet held in Mumbai, has taken decisions regarding CSK, RR and IPL.


Sports
Delhi Dynamos pip Sachin Tendulkar’s Kerala Blasters 1-0
Delhi Dynamos pip Sachin Tendulkar’s Kerala  Blasters 1-0
Delhi Dynamos now have 9 points from four games after their third win.


Sports
We are looking for batsmen to play at Nos 5, 6 and 7: MS Dhoni
We are looking for batsmen to play at Nos 5, 6 and 7: MS  Dhoni
MS Dhoni said that some of the players are not getting runs when their batting orders are reshuffled.



Entertainment
Tamil Nadu film body poll: Rival camp ousts Sarath Kumar
Tamil Nadu film body poll: Rival camp ousts Sarath Kumar
While both Nasser and Vishal won the top posts of the film body, all other candidates of Pandavar Ani were leading at the time of filing this report.


Entertainment
Creating ‘Bajirao Mastani’ costumes challenge for Anju Modi
Creating ‘Bajirao Mastani’ costumes  challenge for Anju Modi
Anju Modi says creating period attires for the historical love saga “Bajirao Mastani” was not an easy task.


Entertainment

Entertainment
‘Bajirao Mastani’ toughest film of my career: Deepika Padukone
‘Bajirao Mastani’ toughest film of my  career: Deepika Padukone
"Bajirao Mastani" is turning out to be an arduous task for Deepika Padukone and the actress says the film is “physically, mentally and emotionally draining”.




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