Friday, November 13, 2015

November 13, 2015 - Block it! Remove it! Facebook restricts more content in India than anywhere else in the world

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Here's a 3 part elaborate take on Elon Musk, the man, his various companies and why he does what he does. For those unfamiliar, Elon co-founded Paypal in the late 90s, sold it to ebay, then used those proceeds to start 3 companies - SpaceX (because the earth alone will not be able to support humans in the future), Tesla (because we are running out of petrol and electric cars are cool) and SolarCity (because solar energy is really the most promising long-term renewable energy source). Some gems in here, for example, how he thinks of people as computers, with hardware and software and how first principles thinking got him to take such bold bets and succeed and yes, Robert Downey Jr spent time with him to train for Iron Man - Comment


Digital
Block it! Remove it! Facebook restricts more content in India than anywhere else in the world
The Global Government Requests Report, released on November 11, is part of Facebook’s “broader effort to reform government surveillance in countries around the world by providing more transparency”.

 


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Digital
India un-Net: 52% of consumers spend least amount of time on Internet
India un-Net: 52% of consumers  spend least amount of time on Internet - Hindu Business Line
It is much easier to find products, services on the Net than through friends and family


Digital

Digital
Sixth Sense Ventures invests in Mumbai-based hyperlocal logistics startup Grab
Consumer centric venture fund Sixth Sense Ventures, floated by former IDFC Securities’ managing director and its co-head of research Nikhil Vora, has invested in Grab, a Mumbai-based hyperlocal logistics service provider, adding it as the fourth portfolio firm for its maiden fund.

 


Digital
India's auto e-commerce faces consolidation: After CarDekho-Zigwheels merger, CarTrade buys CarWale
German media conglomerate Axel Springer sells its majority stake in CarWale to CarTrade, reports Tech in Asia

 


Retail
Snapdeal sale: 60k Maggi kits sell out in 5 minutes
Snapdeal sale: 60k Maggi kits  sell out in 5 minutes - Business Standard
Snapdeal, which partnered Nestle to sell Maggi online, had to request buyers to wait till November 16

Retail
Cheaper tur dal in Mumbai only after festival season
Those who visited retail outlets to buy tur dal at Rs 100-120 per kg, as promised by the government, had to return disappointed on Wednesday. Traders’ representatives said the situation will improve by Monday, but the festival season would be largely over by then.

Retail
Amazon may export delivery lessons from India to cut costs abroad
Amazon may export delivery  lessons from India to cut costs abroad - Economic Times
Online shopping is booming in India, where millions of consumers are able to access the internet thanks to cheap smartphones

Retail
CII hails FDI relaxation as Arun Jaitley's 'Diwali gift' to industry
CII hails FDI relaxation as Arun  Jaitley's 'Diwali gift' to industry - Economic Times
he Centre on Tuesday announced ‘Big Bang’ Foreign Direct Investment (FDI) reforms, easing norms across 15 sectors including defence, banking, construction, single brand retail, broadcasting and civil aviation. The move


Telecom
Consumer is very sensitive to increase in data rates: Idea CEO Kapania
Consumer is very  sensitive to increase in data rates: Idea CEO Kapania - MediaNama.com
In a call with analysts, Himanshu Kapania, CEO of Idea Cellular explained the company's decision to roll back data tariffs hikes and the nuances of data pricing in a call with analysts. The main reason: consumers are extremely sensitive to data price changes. Idea had increased its 3G da


Telecom
TRAI consultation paper on spectrum pricing likely by November end
TRAI  consultation paper on spectrum pricing likely by November end - Economic Times
The telecom regulator is likely to float a consultation paper by the end of the month, aimed at establishing the reserve price of airwaves.


Telecom
TRAI asks telcos to add more mobile towers
TRAI asks telcos to add more  mobile towers - India Today
The Telecom Regulatory Authority of India (TRAI) has asked telecom operators to add more towers and reinforce 2G networks.


Telecom
Europe's Ariane launches Indian telecom satellite GSAT-15
The satellite with a lift-off mass of 3,164 kg was injected into the intended

 



Finance
India's 'booming' economy leads to trade competition
India's 'booming'  economy leads to trade competition - ITV News
India's Prime Minister Narendra Modi arrived for a three-day trip to the UK today, with one of the first items on his agenda a meeting with David Cameron to announce £9 billion worth of new deals between the two counties.


Finance
Liberal FDI rules spark political backlash
Liberal FDI rules spark  political backlash - Livemint
Opposition from unions allied to political parties could spell trouble for NDA govt in aftermath of Bihar election


Finance
After an unprecedented funding boom, startups feel the pinch as funds dry up
After an  unprecedented funding boom, startups feel the pinch as funds dry up - Economic Times
“Companies need to find moats beyond just giving discounts. This slowdown will lead to a cleansing of the system,” said a prominent VC investor.


Finance
Know why SBI is killing the banking tech space
Know why SBI is killing the  banking tech space - Businessinsider India
SBI is set to launch mobile wallet Batua next month and the service will be available to existing as well as non-SBI customers. The application will be available on Java-enabled mobile phones.




Software
Infosys experiments with compensation structure : Pay day comes for company's top performers
Infosys experiments with  compensation structure : Pay day comes for company's top performers - Economic Times
Rao said this structure has been put in place this financial year to help the company meet its short-term quarterly targets more effectively.


Software
Cognizant plans quarterly promotions to tackle attrition surge
Cognizant plans quarterly  promotions to tackle attrition surge - Hindu Business Line
Can Cognizant Tech Solutions Class A (NASDAQ:CTSH) hit expected sales? In its most recent quarter Cognizant Tech Solutions Class A had actual sales of $...


Software
India has 52% users who spend least time on Internet, says Ericsson
India has 52% users who spend  least time on Internet, says Ericsson
The group includes more females than males with a high representation of 40-59-year olds. The number of devices owned is the lowest, with an average of only a single device, the study said.


Software


Ecommerce
Flipkart becomes the third largest retailer in the country, only behind Future Group and Reliance Retail in terms of reported earnings
Flipkart becomes the third  largest retailer in the country, only behind Future Group and Reliance Retail in terms of reported earnings - Businessworld
Businessworld
BusinessworldThe growth of Flipkart suggests that etailing is here to stay. However ... Amazon on the other has committed large sums of money, $3 billion so far, to its Indian subsidiary Amazon India and is already beating Indian etailers in customer service and

Ecommerce
Indian Grahak, the Kolkata based online supermarket, acquires online hyper-local marketplace Dyscover in a cash and stock deal
Indian Grahak, the Kolkata based  online supermarket, acquires online hyper-local marketplace Dyscover in a cash and stock deal - MediaNama.com
Indian Grahak, the Kolkata based online supermarket, has acquired online hyper-local marketplace Dyscover in a cash and stock deal, reports NextBigWhat. It is

Ecommerce
Rackspace to fortify International Military Antiques's e-commerce site
US-based managed cloud major Rackspace has announced that the world’s leading retailer of pre-1945 military collectibles and antiques International Military Antiques (IMA) will use its solution to power its Magento ecommerce environment.

Ecommerce
Startups, e-commerce companies gun for IITians to boost firepower
Startups, e-commerce companies  gun for IITians to boost firepower - Economic Times
These companies are increasingly looking at engineers for roles in operations, marketing, business finance, procurement, etc.


Franchise
How not to be overwhelmed with your responsibilities when starting out as a franchisee
Owning your own business is the dream for many people, but the reality of the situation can mean you end up confused and alone, responsible for everything from dealing with staff personnel matters to issuing and chasing invoices.


Franchise
Why global luxury brands do not realise Bengaluru's potential
Why global luxury brands do not  realise Bengaluru's potential - ETRetail.com
"Bengaluru has the highest propensity to spend,” said Sundaresan, founder and chief executive of Bengaluru-based luxury marketing company vMobo.


Franchise
Franchisee Journey: From a dinner at Johnny Rockets to franchisee with two locations and plans to open up to six more
Franchisee Journey: From a  dinner at Johnny Rockets to franchisee with two locations and plans to open up to six more - Entrepreneur
Five years ago, Marriette Simoni brought her experience as a real estate and luxury brand entrepreneur to the Johnny Rockets franchise.



HR
TCS to give internships to 1000 UK graduates
TCS to give internships to 1000  UK graduates - ComputerWeekly.com
IT services firm TCS is offering a thousand British youngsters the opportunity to work at some of its technology centres in India


HR

HR
FDI Will Not Generate Jobs in India: Vaiko
CHENNAI: MDMK leader Vaiko on Thursday opposed relaxation of restrictions on Foreign Direct Investment in the fields of retail trade, defence, construction, far...


HR
Indian trade deal secures £20m Yorkshire venture and 500 jobs
Indian trade  deal secures £20m Yorkshire venture and 500 jobs - Yorkshire Post
UK TRADE deals with India worth £9 billion will bring hundreds of jobs to Yorkshire as part of a £20 million new business venture, the Government has announced.



Logistics
Solar tariff reduction, several low hanging fruits on the way forward
Solar tariff  reduction, several low hanging fruits on the way forward - Economic Times
E-commerce giant Amazon.com (AMZN.O) is taking lessons learnt from its daily battles with India's choked roads and cramped cities to some of its largest developed markets, exporting a model of cheaper deliveries and reduced warehousing costs.


Logistics
Domestic Airlines Allowed to Offer 'Zero Bag' Fares; low price ticket schemes may charge extra for carrying checkin baggage of customers; currently 15/23 kgs are allowed for check in
Domestic Airlines Allowed to  Offer 'Zero Bag' Fares; low price ticket schemes may charge extra for carrying checkin baggage of customers; currently 15/23 kgs are allowed  for check in  - The New Indian Express
Aviation regulator DGCA has now allowed domestic carriers to roll out "zero bag" fares and charge penalty against check-in baggage for tickets booked under such an offer.


Logistics

Logistics
Bikes most preferred mode of transport in Hyderabad
Car sales might have shot up in the city over the past few years, but the most preferred mode of transport by commuters to their workplace are two-wheelers.



Construction
Vasundhara Realcon banned from raising funds by SEBI
Vasundhara Realcon banned from  raising funds by SEBI - ET Realty
The firm and its directors have been barred from issuing any offer document for soliciting money from the public.


Construction
Unitech's sales booking at Rs 524cr in April-September
Unitech's sales booking at  Rs 524cr in April-September - ET Realty
Of the total sales bookings, the residential and commercial segments contributed Rs 384 crore and Rs 140 crore, respectively, during the first six mon..


Construction
Indiabulls Housing to buy 40% in UK bank startup for $100 mn
Indiabulls Housing to buy 40% in  UK bank startup for $100 mn - Livemint
Indiabulls Housing Finance Ltd will be the largest shareholder in the OakNorth Bank


Construction
Bengaluru top real estate investment destination in India: Report
Bengaluru top  real estate investment destination in India: Report - Times of India
Bengaluru top real estate investment destination in India: ReportBENGALURU: Bengaluru has emerged as the top real estate investment destinations in India, beating New Delhi and Mumbai, helped by strong demand for office spaces, according to a report.The IT capital ranks 20th in property consultancy firm JLL's Asia Pacific City Investment Intensity Index, compared to 34th and 42nd for New Delhi and Mumbai respectively. Within Asia Pacific, Sydney ranks first followed by Auckland for the latest Q2 2015 Index s in terms of real estate investment relative to city size. On average, commercial real estate assets worth 10% of city GDP change hands every three years. Due to low market transparency, foreign investment into the real estate sector in India is often through debt or or joint venture with local partners.While global cities such as New York, London and Tokyo almost always rank at the top in commercial real estate investment volumes by virtue of their sizes, the top five cities across Asia-Pacific region are Tokyo, Singapore, Seoul, Sydney and Hong Kong, ranked by three-year rolling direct real estate investment volumes ended 2Q15. The presence of multinationals, who also plans to ramp up their operations in the city, helps in ensuring steady rental yields for the real estate players.



Marketing
Facebook’s India content take downs triples in first half of 2015 : Report
Facebook’s  India content take downs triples in first half of 2015 : Report - Medianama
Content restrictions by Facebook in India has seen a huge surge. The social network in its government requests report said that it placed restrictions on 15,155 pieces of content in the first half of 2015 compared to 5,832  pieces in the second half of 2014, an increase of 159.86%. "We res


Marketing

Marketing
FreeCharge to spend Rs 100 Cr for IPL sponsorship promotions : Report
FreeCharge to  spend Rs 100 Cr for IPL sponsorship promotions : Report - Medianama
Online payment platform FreeCharge announced that it will be on-ground partner for the Indian Premier League (IPL) for the next two years. FreeCharge's chief operating office Govind Rajan said that the company will be spending over Rs 100 crore in the sponsorship, alliances and promotions d


Marketing
CarTrade acquires auto classifieds portal CarWale for $90M : Report
CarTrade acquires auto  classifieds portal CarWale for $90M : Report - Medianama
CarTrade, the Mumbai-based auto classifieds website, has acquired its peer CarWale for ~ $90 million (Rs 590 crore), reports ET. The deal was made primarily in cash. Axel Springer, which owned 91% in Carwale has sold its stake 5 years after acquiring it. We've written to CarWale for more in



Politics
BJP demands K’taka CM Siddaramaiah’s ouster after violence over Tipu Sultan anniversary celebrations
BJP demands K’taka CM Siddaramaiah’s ouster  after violence over Tipu Sultan anniversary celebrations
BJP on Thursday demanded the Karnataka chief minister's resignation following death of two persons in violence over Tipu Sultan's birth anniversary celebrations, and took a swipe at Congress chief Sonia Gandhi asking if she will now lead a march and seek Siddaramaiah's ouster.


Politics
FDI decision ‘very unfortunate’, says RSS affiliate BMS; threatens to take to street in protest
FDI decision ‘very unfortunate’, says RSS affiliate  BMS; threatens to take to street in protest
On allowing FDI in defence sector, the BMS said it was not good for the country.


Politics
With Lalu and BJP among the key players in Bihar, the 180-mark of togetherness won’t last
With Lalu and BJP among the key players in  Bihar, the 180-mark of togetherness won’t last
Lalu Prasad and BJP are bound to do something which will de-stabilise the Grand Alliance in Bihar. Congress will also realise it's dispensable.


Politics
From Bhangra To Diwali Selfies, Canada PM Justin Trudeau Knows A Thing Or Two About Winning Indian Hearts
From Bhangra To Diwali Selfies, Canada PM Justin Trudeau  Knows A Thing Or Two About Winning Indian Hearts
Ever since the video of Canadian Prime Minister Justin Trudeau rocking the dance floor with some mean bhangra moves surfaced, he seems to have become a favourite of sorts with Indians across the world



Sports
Russia will not boycott Rio Olympics according to sports minister
Russia will not boycott Rio Olympics according to sports minister
The sports minister Vitaly Mutko has said Russia has no intention of boycotting next year’s Olympics if its track and field team is banned


Sports
Injuries may be more common in kickboxing than other sports
Injuries may be more common in kickboxing than in traditional boxing, mixed martial arts or other contact sports, a recent study suggests.


Sports
Your Guide To The Craziest Sports Scandal You Aren't Paying Attention To
Your Guide To The Craziest Sports Scandal You Aren't Paying Attention To
I get it. You see a headline like “Real Madrid Star Karim Benzema Charged In Sextape Blackmail Case” or “Transcript: Karim Benzema Helped Facilitate Blackmail Plot Against Teammate Over Sextape” and you aren’t quite moved. Sure, words like sex tape and blackmail seem juicy, but who is Karim Benzema to you, the typical American sports fan? You might know about Real Madrid—though even that is no guarantee—but why, you think, should some scandal taking place half a world away with protagonists you don’t know in a sport you don’t even like take up precious time out of your day?


Sports
FIFA approves five presidential candidates; Michel Platini’s name missing
FIFA approves five presidential candidates; Michel  Platini’s name missing
The only candidate to be disqualified after receiving provisional approval was Musa Bility, the head of the Liberian football association.



Entertainment
Manoj Bajpayee’s ‘Aligarh’ to release in February
Manoj Bajpayee’s ‘Aligarh’ to  release in February
'Aligarh' starring Manoj Bajpayee and Rajkumar Rao in lead roles, will release in February next year.


Entertainment
Shekhar Kapur in search of ‘strong producer’ for ‘Paani’
Shekhar Kapur in search of ‘strong producer’ for  ‘Paani’
Shekhar Kapur says he wants a “strong producer" with a global approach for his most ambitious project “Paani”.


Entertainment
‘Prem Ratan Dhan Payo’ has lot of grey shades: Sooraj Barjatya
‘Prem Ratan Dhan Payo’ has lot of  grey shades: Sooraj Barjatya
Sooraj Barjatya said: "There is a whole royal feel to the movie. My films are always about values and traditions but I am telling this story in a more contemporary way."


Entertainment
Haven’t locked: Kabir Khan on third film with Salman Khan
Haven’t locked: Kabir Khan on third film with Salman Khan
Kabir Khan said: "We have both spoken about it, but there is nothing that we have locked."




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