October 9, 2015 - Flipkart poaches Amazon India's top exec Ram Papatla as VP

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Digital Flipkart poaches Amazon India's top exec Ram Papatla as VP Papatla, a Microsoft veteran, joined Flipkart as vice president, product management, last week, according to two people familiar with the appointment. Advt: Diamond India Ltd. introduces Limited Edition Sachin Tendulkar Swiss Silver Coins. Digital marketing is evolving everyday. Keep up with the latest trends. Digital Quikr invests in hyper-local search engine providing street views WoNoBo.com Digital LocalBanya asks 40% employees to leave the firm; halts operations as it prepares for change in its business model Localbanya is India’s premier online convenience store with services across Mumbai (including Thane & Navi Mumbai), Pune, Hyderabad, Delhi, Noida, Ghaziabad & Gurgaon. Great deals, discounts & free delivery. 10000+ products including grocery, staples, vegetables, fruits, dairy, bakery, household & personal care. Digital Ola buys majority stake in mobile wallet ZipCash Ola recently opened its closed wallet for third party transactions. Digital Digital marketing startup Mobikon Asia raises undisclosed funding Dashboard with rich customer profiles, allows restaurateurs to engage customers, launch precise & targeted campaigns, drive ROI & improve customer experience. Retail Localbanya is 'temporarily' out of business "The company is also trying to change the model of sourcing merchandise from large retailers or cash-and-carry players to consumer goods companies directly." Retail Will H&M connect with India? They’ve got everything going for them—great clothes, social campaigns—but most of all, great prices Retail Snapdeal invests $20 million in logistics company gojavas Snapdeal has been working for the last 8-10 months to strengthen its supply chain and logistics. Retail Samsung's Lee Family Tops Forbes Inaugural List Of Asia's Richest Families SINGAPORE (October 8, 2015) – Forbes Asia today launched its inaugural ranking of the top 50 Asian business dynasties. South Korea’s Lee family, who controls the Samsung Group, tops the list with a combined wealth of US$26.6 billion. The full list can be found here and in the latest issue [...] Telecom How India can combine cloud mobile technology to become a true startup nation By Sandy Carter But why is innovation speeding up so significantly? In a word: technology. There are two technologies that play this critical, speed-enabler role: the Cloud and the mobile. Successful businesses are using the...   Telecom R-Jio likely to drop 'R' from brand name as it prepares for 4G roll-out Company, which plans to roll out commercial telecom service operations from December, is currently in the testing phase for most of its offerings including 4G services Telecom No need to regulate OTT players: Kavin Mittal NEW DELHI: Kavin Mittal, son of Bharti Airtel founder Sunil Mittal, on Thursday opposed the demand of telecom operators to convey calls made via web provid Telecom CCEA to vet FDI plans of Sistema, IIFL Finance Standard Chartered likely to unveil job & pay cuts soon The global job losses, which India is a part of, will be the third such shake-up in the bank in 2015 following a top management reshuffle announced in February. Finance Is India really the fastest growing major economy? The increase in GDP in India in absolute numbers is actually much smaller than the increase in GDP in China Finance How the Reserve Bank is redrawing India's banking landscape MintAsia examines RBI’s effort, which is seeking to harness the power of technology to plug a gaping hole in the last lap of delivery Finance Indian oil marketing companies to cut share of foreign currency loans Exercise also aimed at avoiding risks of servicing foreign currency debt if rupee crashes, say experts Food/FMCG 109-year old Hamdard aims to revamp its biz Brand extensions of Rooh Afza expected in ready-to-drink category Food/FMCG Tata Chemicals launches umbrella brand Sampann The brand will cater to homes that require wholesome food without compromising on taste. Food/FMCG Vicco chairman Gajanan Pendharkar passes away Those in their 40s have indelible childhood memories of the 'Vicco turmeric ayurvedic cream' jingle telecast before the popular television series 'Yeh Jo Hai Zindagi' in 1985. Software How Digital tie-up failure puts companies at $1.5 trillion growth risk globally? According to a report by Accenture, large companies and entrepreneurs face cultural barriers to achieve open innovation. Software Google launches a new public transport app in Delhi to help users with even low data connectivity The new experimental App will be built into Google Maps to help users get directions and timetable information of various mode of transportation. Software Smartphone maker Gionee plans to start assembling all phones in India for domestic sales Gionee on Thursday said it plans to start assembling all mobile phones in India by March, 2016, which will be sold exclusively in the domestic market. Software Alibaba rethinks its plan about investing in Micromax Micromax was to sell 20-26 per cent of the company to Alibaba for about $700 million, ET reported in June. The deal was expected to close within a month. Ecommerce Flipkart hires Ram Papatla, one of Amazon India's top executives responsible for seller management According to an executive at a headhunting firm, both companies have so far avoided poaching each other's top talent. Ecommerce Flipkart sends over half-a-million snail mail postcards to its users for making the company's ambitious "Big Billion Day" sale next week a success This time, Flipkart will be shifting away completely from desktop users, and offer the sale on its mobile app only. Some 75% of Fllipkarts traffic comes through mobile. Ecommerce What Entrepreneurships Made Snapdeal, Flipkart Top And Popular Online Shopping In india With Snapdeal and Flipkart business profits of many companies have increased as now they are with a platform that is already a very big brand and has reached to corners of the country with their marketing and campaigning strategy. Ecommerce Quifers raises Rs.2 crore in a round led by Indian Angel Network (IAN) with participation of Smile Group Firm aims to use the funds to hire business development teams and expand to Pune, and update its technology Franchise Franchisee Journey: From 17 year old accounting firm employee to 19 year old Minuteman Press franchisee Now age 21, Ron Balchandani has had to deal with the challenge of managing employees much older than he. HR Flip side of fat pay cheque: Executives under a lot of pressure There is also constant pressure to scale up or move out. This, along with high standard of living, is leading to more burnouts than ever before, say counsellors. HR The most in-demand jobs around the world Stephen Brashear/Getty ImagesSoftware engineers should have very little trouble finding a job.If you're planning on pursuing a career as a software engineer HR Smaller US businesses fear freeze from EU privacy ruling US businesses from RetailMeNot to Symantec said a European change to rules governing transatlantic personal data transfers would hurt US companies. HR Indians need opportunity to show talent: Florent Malouda While advocating more exposure for local talent, Delhi Dynamos' Florent Malouda also backs his ex-manager, Mourinho, to deliver at Chelsea. Logistics Solar Airport in Cochin a world wide runaway success: handles 1000 flights a week, consumes 48,000 units of electricity worth Rs 3.36 lakh, majorly from solar sources ! The world's first solar power airport in India's Kerala state is a success, but there are challenges ahead, reports Supriya Menon. Logistics TVS Logistics JV increases global footprint by acquiring Australia based Transtar International Freight TVS Logistics Services, India’s leading third party logistics (3PL) service provider, on Thursday announced that it has picked up a majority stake in Australia-based Transtar International Freight, through the former’s Logistics Embassy partners Warburg Pincus to enter into warehousing business; expect e-commerce to grow 10 times to $60 billion by 2020 Real estate developer Embassy Group said it formed a $250 million joint venture (JV) with private equity firm Warburg Pincus to build warehouses across the country, tapping a largely unchartered path for organized players. Logistics Cybage Partners With Sri Lankan Conglomerate, a USD 400 million company, Expolanka Holdings for supply chain software configuration and implementation for its own needs PUNE, India, October 8, 2015 /PRNewswire/ -- Cybage Software Pvt. Ltd., a leading technology consulting... Construction 40% stake in rental arm to be sold by DLF promoters Firm to sell 40% stake in unit that owns many of its rent-generating assets and a few land assets to investors Construction Has your home loan EMI reduced after recent rate cut? Many banks have started revising home loan rates and have increased the spread on these loans Construction RBI allows 90% loan to value ratio on home loans up to Rs30 lakh The decision is line with RBI’s statement on 29 September that it was reviewing these norms and will release guidelines shortly Construction Embassy, Warburg Pincus join hands to develop industrial parks Embassy, Warburg Pincus joint venture will develop industrial and warehousing spaces across the country Marketing Facebook Makes Mobile Lead Collection Simpler : Rolls Out In India Too Lead generation, generation of consumer interest or inquiry into products or services of a business is one of the core objectives of marketing. But at the same time no one likes filling out forms on mobile devices.   Marketing Snapdeal invests $20M in GoJavas : says delivery time reduced by 24 hours Ecommerce player Snapdeal has invested $20 million in logistics firm GoJavas to further enhance its supply chain and logistics. GoJavas will use the funds to add 100 more cities to its repertoire in the next 6-12 months. Snapdeal had picked up a minority stake in the company for an undisclosed a Marketing How OLX's Shift in Positioning Indicates its 'Brand Life Cycle' : Report Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities Marketing Facebook Instant Articles Has Competition From Google’s Accelerated Mobile Page Project The five inch screen that fits in a user’s pocket easily throws many challenges and one of them is browsing content. Thereafter the challenges thrown at a publisher today are countless. One of them is loading of content which becomes worse depending on the Internet speed. Just yesterday we saw Facebook making its News Feed adaptable to different slower Internet connections.   Politics Muslim Professor In Delhi Will Take People Out For Pork Lunch To Make A Point About Tolerance Politics Bihar polls and the Mandal ghost: Lalu’s Djinns of the past cast a shadow on Nitish Kumar’s Bihar The ultimate tragedy is that Nitish Kumar who cultivated his image as a harbinger of development and governance in Bihar is now increasingly associated with virulent casteism and anarchy. Politics Food, Music, Intermingling: The Hindutva Brigade Is Striking At The Heart Of India's Pluralism Politics Prime Minister Narendra Modi Breaks Silence On Dadri, Says Fight Poverty, Not Muslims Sports Ind vs SA: India lose series 0-2 to South Africa after rain washes out third T20I South Africa seal three-match T20I series against India 2-0 after rain, wet outfield didn't allow action at the Eden Gardens. Sports Boxing World Championships: Shiva Thapa, Vikas Krishan punch their way into quarters Vikas Krishan got the better of 4th seeded Tomasz Jablonski 2-1 while Shiva Thapa rallied to defeat Mohamed Hamout of Morocco. Sports India suffer fourth straight loss in FIFA World Cup qualifiers India thus remained at bottom of Group D and now have virtually no chance to even qualify for the Asian Cup by finishing third. Sports ISL: Baljit Sahni suspended, fined Rs 5 lakhs for headbutt Baljit Sahni, player of Atletico de Kolkata, has been suspended for two matches and fined Rs 5 lacs. Entertainment America swooning over Priyanka Chopra? TMZ released a video of Priyanka titled 'Priyanka Chopra is hot!' featuring the actress' arrival on the sets of 'Jimmy Kimmel Live'. Entertainment Kalki Koechlin directed play ‘The Living Room’ to open theatre festival in Delhi Actress Kalki Koechlin will be opening the Old World Theatre Festival with her English play "The Living Room", on October 10. Entertainment Focus on making Mumbai film fest public-friendly: Zoya Akhtar Zoya Akhtar, who is the board of trustees of 17th edition of Jio MAMI Mumbai Film Festival, says the focus this year will be on making the fest "vibrant". Entertainment TN film body election: Rebel faction garner support, rival Sarathkumar faction pleads for ‘talk’ to avoid election The fierce battle has Sarathkumar, his wife Radhika and her half brother Radha Ravi pitted against rival alliance of five actors. 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