Tuesday, October 6, 2015

October 6, 2015 - Indian IT & services market 'on track' to reach $225 billion by 2020: Nasscom

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Digital
Indian IT & services market 'on track' to reach $225 billion by 2020: Nasscom
Indian IT & services market  'on track' to reach $225 billion by 2020: Nasscom - Economic Times
The industry is well on track for growth. There is a continued progression of double digit growth despite expansion of base.


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Digital
IndiaLends announces $1 million bridge round of funding by Singapore-based DSG Consumer Partners
Best loans now easily available at IndiaLends. Check out the cheapest loans & apply for personal loans. ✓Low Interest Rates ✓Instant Approvals ✓Cash in 2 Days


Digital
This investment banking veteran gets $9.5 million in Series B round for her ecommerce firm Nykaa
This investment banking veteran  gets $9.5 million in Series B round for her ecommerce firm Nykaa - TechinAsia
Most fast moving products in the beauty space are often out of stock in retail stores. So Falguni Nayar launched a beauty startup called Nykaa.


Digital

Digital
Startup Funding Update: Voylla, Chillr, IndiaLends, Nykaa grab funding

India’s got a lot of venture capital money flowing in. Today, with the action that ecommerce, payment wallets, and unsecured loans startups are getting, it’s all about how people are spending their money.

 


Retail
Its all bout the front: Ecommerce cos like Flipkart, Amazon break their backs to make front page alluring
Its all bout the front:  Ecommerce cos like Flipkart, Amazon break their backs to make front page alluring - Economic Times
Front pages are equivalent to the large display windows of a retail shop; the prettier and relevant they are, the more traffic they attract.

Retail
Future Retail to realign business practices, rebrand Easyday formats
Easyday hypermarkets to be rechristened as Big Bazaars; however, supermarkets’ branding will be retained

Retail
Hybrid eCommerce Firms Gaining Investors' Attention
Hybrid eCommerce Firms Gaining  Investors' Attention - iamWire
Omni-channel fashion commerce brands are scaling up and raising funds in India

Retail
You need to be available to consumer
Ravneet Singh Phokela speaks to Retailer; about the smart strategy today, brands need to embrace in order to offer extra-ordinary consumer experience.


Telecom
Airtel's 4G campaign: Best but not amongst equals
Airtel's 4G campaign: Best  but not amongst equals - Daily News Analysis
Airtel’s 4G campaign: Best but not amongst equals - Airtel has been pulled up by ASCI for its midleading 4G connection advertisements.


Telecom
Apple, Facebook, Google battle for mobile news apps

US tech giants are turning to the news in their competition for mobile users, developing new, faster ways to deliver content, but the benefits for struggling media outlets remain unclear.

 


Telecom
Intelligent Energy bags hydrogen fuel cell contracts for Indian towers
Intelligent Energy bags hydrogen  fuel cell contracts for Indian towers - Developing Telecoms (press release) (blog)
Global energy tech firm Intelligent Energy is purchasing contracts from GTL Limited to supply energy-management services across more than 27,400 telecom towers in India.


Telecom
Every Phone That's Getting Updated to Android Marshmallow
Android Marshmallow arrives today. Of course, some phones may still take months or years to get an update. We've collected all the information we can on which

 



Finance
Here’s how RBI’s cut in interest rate impacts your finances
Here’s how  RBI’s cut in interest rate impacts your finances - Economic Times
While the cost of borrowing will go down, investors, for whom it's a positive move, must rejig their portfolios to gain from the fall in rates.


Finance
Bank of Baroda investigating Rs 350-crore bill discounting fraud
Bank of Baroda investigating Rs  350-crore bill discounting fraud - Economic Times
Indias second largest lender, Bank of Baroda will soon have to decide whether to provide the amount in the September-end earnings number.


Finance
OECD reveals plan for tax clampdown on multinationals
OECD reveals plan for tax  clampdown on multinationals - Livemint
India seen benefiting from steps that aim to make it harder for multinationals to game national tax systems


Finance
An engineer turned venture capitalist
An engineer turned venture  capitalist - Hindu Business Line
Forty-five-year-old Venky Natarajan, Managing Partner of Lok Capital, an impact investment venture capital firm, says he quit a job in the US with Intel’s venture capital arm and returned to India because he wanted to



Food/FMCG
Results awaited before Nestle resumes production
Results awaited before Nestle  resumes production - Business Standard
New packets will have to be tested again in three laboratories; these laboratories are specified by the court

Food/FMCG
Burger Singh restaurant raises $500,000 in fresh funds
The quick service restaurant, which has four outlets in Gurgaon, will utilize this money by expanding in Delhi with six outlets in the next six months

Food/FMCG
Undeterred by Maggi issue, other product launches double
Undeterred by Maggi issue, other  product launches double - Business Standard
There were 52 launches during January-June 2015, compared with 29 in the year-ago period and 32 in 2013

Food/FMCG
DropKaffe: A New On-Demand Coffee Stop on Cloud for Caffeine Lovers
DropKaffe: A New On-Demand  Coffee Stop on Cloud for Caffeine Lovers - iamWire
DropKaffe deliver coffee to caffeine at their doorstep.


Software
India's tech industry to touch $350 bn by 2025, says Nasscom-McKinsey study
India's tech  industry to touch $350 bn by 2025, says Nasscom-McKinsey study - Business Standard
Assuring that the growth of Indian IT sector is well on track, industry lobby Nasscom today said that the sector would nearly triple its revenues of $350 billion by 2025. The report released on Monday by Nasscom and McKinsey, titled Perspective


Software
Top Infotech firms increase fresher salaries to compete with upcoming startups
Top Infotech Raise Fresher Salaries to Compete with Startups - BENGALURU: For the first time in several years, India's top software services companies are raising salaries for fresh graduates recruited from...


Software
Infosys to outperform peers in Q2 : Expected to post robust earnings results for the second straight quarter
Infosys to outperform peers in  Q2 : Expected to post robust earnings results for the second straight quarter - International Business Times, India Edition
Analysts expect the India's second largest IT firm to record a sequential revenue growth of 6.2% in rupee terms.


Software
Will India be able to become world's next startup nation?
Will India be able to become  world's next startup nation? - Ventureburn
A visit gets announced, media starts building up some excitement and collecting bytes, people quickly take sides and soon, we have quotes full of wisdom, advice and comments from many an expert.



Ecommerce
Amazon building up a team of "cowboys" and "Jeff Bots" to move fast and improvise ways to work with India's haphazard infrastructure
Amit Agarwal, who leads Amazon's India efforts, said that the company has had to completely rethink its international expansion strategy...

Ecommerce
Infibeam gets Sebi approval to raise Rs 450 crore via IPO; set to become the first ecommerce company in the country to be listed with Sebi
Infibeam gets Sebi approval to  raise Rs 450 crore via IPO; set to become the first ecommerce company in the country to be listed with Sebi - Zee News
Infibeam is set to become the first ecommerce company in the country to be listed with Sebi giving its nod to the Gujarat-based firm to raise Rs 450-cr via IP..

Ecommerce

Ecommerce
eBay will expand its refurbished devices portfolio to electrical goods this month and increase sales in the category
A majority of the refurbished products offered presently are mobility devices which are priced 35-50 percent of a product's original price...


Franchise
What to do when your franchise brand enters the dating game
What to do when your franchise  brand enters the dating game - Franchising USA Magazine
Click inside to learn more about franchising your business in the USA.


Franchise
Franchisee Journey: From full time employee to franchisee with Right at Home senior care franchise
Franchisee Journey: From full  time employee to franchisee with Right at Home senior care franchise - Entrepreneur
Diane Carson battled breast cancer, then set up her business. During Breast Cancer Awareness Month, she's spreading the word on offering support to those in need.



HR
Meet the 23-year-old who's using freestyle football to create social change in ...
Meet the 23-year-old who's  using freestyle football to create social change in ... - Daily News Analysis
Meet the 23-year-old who’s using freestyle football to create social change in India - In June 2014, Tejas R started Sparky Football, an NGO, in Bangalore.


HR
Accenture Philippines doubles maternity leave to 120 days
This adds to existing benefits for new parents, such as adoption leave, lactation breaks, and maternity care education.


HR
India's biggest challenge to generate skilled manpower jobs: Macquarie report
India's  biggest challenge to generate skilled manpower jobs: Macquarie report - India Today
India is among the few countries with a favourable structural growth story, but its biggest challenge will be to generate enough skilled manpower and jobs that will encourage a


HR
India's jobs crisis: Why millions are applying for a handful of lowly ...
India's jobs  crisis: Why millions are applying for a handful of lowly ... - CNN
Recently, 2.3 million people applied for a handful of lowly government positions in Uttar Pradesh. So what's behind the jobs crisis enveloping India?



Logistics
Autos to pay Rs 15,000 for permit renewal and Rs 20,000 in MMR; 1.4 lakh autos need renewal

Maharashtra government has said over a lakh cancelled or lapsed auto rickshaw permits which have not been renewed due to delay in eligibility certificate fees submission will have to pay Rs 20,000 in Mumbai Metropolitan Region and Rs 15,000 in rest of the state.

 


Logistics
American Airlines pilot dies during US flight to Boston, Co-pilot took over the flight with 147 on board and landed it safely
American Airlines pilot dies  during US flight to Boston, Co-pilot took over the flight with 147 on board and landed it safely - Times of India
According to the FAA, seven pilots for US airlines and one charter pilot have died during flights since 1994. - Latest News & Gossip on Popular Trends at India.com


Logistics
Transport strike hits trade and industry in Indore; causing a loss of Rs 500 daily, 93 lakh transporters on strike
Indefinite strike by truck operators has hit trade and industry in the region as it is causing a loss of around Rs 500 crore per day in Indore alone.


Logistics
Sagarmala project: Government to spend Rs 70000 crore on 12 major ports
Sagarmala  project: Government to spend Rs 70000 crore on 12 major ports - Economic Times
The Project is bound to boost the country's economy and the government has lined up about Rs 70,000 crore for its 12 major ports, Gadkari said today.



Construction
HDFC home loans get cheaper after the bank cuts benchmark rate
HDFC home loans get cheaper  after the bank cuts benchmark rate - Livemint
Following the reduction, the effective home loan rate for new customers would be 9.65% per annum


Construction
Debt worth Rs2.4 trillion downgraded by Crisil in first half of FY16
Debt worth Rs2.4  trillion downgraded by Crisil in first half of FY16 - Livemint
Of the `2.4 trillion, 90% is owed by firms from either investment-linked or commodity sectors


Construction
$1 bn real estate fund to be setup by Edelweiss
$1 bn real estate fund to be  setup by Edelweiss - Livemint
Investors being tapped in Asia, Europe and US; fund will scout for deals in NCR, Mumbai, Pune, Bengaluru and Chennai


Construction
Corporate land deals a bright spot in sluggish realty market
Corporate land deals a bright  spot in sluggish realty market - Livemint
Firms are looking to sell land parcels to keep the balance sheets clean, adopt an asset-light model and reduce debt



Marketing
3 examples of branded apps done right : useful, relevant, repeat value
3 examples of  branded apps done right : useful, relevant, repeat value - ET
By Lakshmipathy Bhat Mobile apps have become central to some businesses — ecommerce, airlines, banks and mobile focused services. In India, brands in these categories are investing in...


Marketing
How Facebook Is Sharing Video Ad Revenues With Publishers : Report
Facebook has been fairly aggressive on the product and PR front this year after it was revealed that it serves 4 billion views every day.

 


Marketing
Cyber crimes could derail Digital India : open reporting mechanism crucial : Opinion
Cyber crimes  could derail Digital India : open reporting mechanism crucial : Opinion - Financial Express
As India gets going on various projects to connect the country including Digital India, cyber crime is emerging as a big threat area.


Marketing
Twitter Ropes In Sonali Malaviya as Head of Business Marketing
Twitter Ropes In Sonali Malaviya  as Head of Business Marketing - Adage India
She will be based at the Twitter office in Delhi and report to Twitter international marketing director Frederique Covington, who is based in Singapore. | Twitter hires Sonali Malaviya as head - business marketing | Indian Television Dot Com



Politics
Trapped in an image: Here’s why AIMIM’s Asaduddin Owaisi needs to exit Bihar polls
Trapped in an image: Here’s why AIMIM’s  Asaduddin Owaisi needs to exit Bihar polls
Asaduddin Owaisi should withdraw from Seemanchal, which goes to the polls on 5 November and where the last date for withdrawal of candidature is 19 October.


Politics
If NDA comes to power, we will ban cow slaughter in Bihar, says Sushil Kumar Modi
If NDA comes to power, we will ban cow slaughter  in Bihar, says Sushil Kumar Modi
Latching on to the RJD supremo Lalu Prasad's controversial remarks that the 'Hindus too eat beef', senior BJP leader Sushil Kumar Modi on Monday promised to frame a legislation to ban cow slaughter in the state if NDA comes to power in Bihar Assembly elections.


Politics
In emotional speech, Hillary Clinton pushes for new gun laws
In emotional speech, Hillary Clinton pushes for new gun laws
Presidential candidate Hillary Rodham Clinton offered an emotional plea Monday for tougher gun control laws in the wake of a deadly university shooting, decrying the "extremism" that she said has come to characterize the debate over U.S. gun laws.


Politics
With Amit Shah in charge of the war room, BJP gets ready for battle in Bihar
With Amit Shah in charge of the war room, BJP gets ready  for battle in Bihar
The laid back approach just won’t do for Amit Shah. All state and central party leaders have to be on their toes as the party boss could summon them anytime and seek a factual progress report on the developments on the ground right from the level of villages and panchayats.



Sports
India vs South Africa, 2nd T20I, Cuttack: South Africa beat India, take unassailable 2-0 lead
India vs South Africa, 2nd T20I, Cuttack: South Africa  beat India, take unassailable 2-0 lead
South Africa beat India by 6 wickets in second T20I in Cuttack to take an unassailable 2-0 lead.


Sports
India vs South Africa: Twitterati dissappointed with Cuttack crowd
India vs South Africa: Twitterati dissappointed with Cuttack  crowd
Indian fans, angry with team's dismal show in second T20I, started throwing bottles from the stands.


Sports
Probably our best bowling as a T20 side: du Plessis
Probably our best bowling as a T20 side: du Plessis
Faf du Plessis hailed South Africa's attack for putting in what he considered one of their best bowling efforts in T20 cricket, to seal a series win over India with a game to spare in Cuttack


Sports
Indian Super League 2015: Israil Gurung all round show gives Pune bragging rights
Indian Super League 2015: Israil Gurung all round show gives  Pune bragging rights
So effective was Gurung's wing play throughout the game that all three goals that Pune scored had the midfielder's involvement — setting up two and scoring the third.



Entertainment
‘The Martian’ estimated to mint $50 million over weekend
‘The Martian’ estimated to mint $50 million over  weekend
Filmmaker Ridley Scott's film "The Martian" minted $18 million on its opening day, and it's likely mint an estimated $50 million over the weekend, according to 20th Century Fox Pictures.


Entertainment
Watch: Kamal Haasan gets a whopping Rs 10 crore for his first ever commercial
Watch: Kamal Haasan gets a whopping Rs 10 crore for his  first ever commercial
Kamal Haasan has appeared in a commercial for popular textile showroom brand, Pothys.


Entertainment
Shashi Kapoor receives lifetime achievement honour
Shashi Kapoor receives lifetime achievement honour
Shashi Kapoor was bestowed with the Lifetime Achievement honour by celebrated director Shyam Benegal.


Entertainment
Kate Winslet was nervous to meet real Joanna Hoffman for ‘Steve Jobs’
Kate Winslet was nervous to meet real Joanna Hoffman for  ‘Steve Jobs’
Kate Winslet plays Apple co-founder's right-hand woman, Joanna Hoffman in "Steve Jobs".




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