Thursday, November 26, 2015

November 26, 2015 - Aamir speaks, Snapdeal faces flak from netizens, and rival Flipkart comes out in support

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Here's a classic 'gaffe turned into opportunity' story I was reminded of yesterday. This was a Chevy representative talking about a truck at the World Series during the presentation ceremony. In front of millions of viewers, he became a bundle of nerves and explained how the new vehicle had 'technology and stuff'. This led to a severe backlash on Twitter. The response from Chevy was wonderful and a lesson for so many brands (Are Snapdeal and Aamir Khan listening?). Here's the 2 minute case video. - Comment


Digital

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Digital
Hyderabad based i-lend partners with US-based Jocata for KYC verification
Hyderabad based i-lend, which helps connect borrowers and lenders ready to provide mon


Digital

Digital
Bus aggregator Trevo shuts operations after operating for barely a month

Nikhil Vij and Raghav Jain, two of Trevo’s co-founders, said the company has stopped operations but refused to disclose more information.

 


Digital

Retail
SoftBank leads Rs 780 crore funding in Grofers
Grofers, a hyperlocal express delivery startup, has raised $120 million, or Rs 780 crore, in a new funding round which is being led by Japan’s SoftBank Corp.

Retail
Most Trusted Brands 2015: Here's what Tata Salt did right to get to the second spot
Helping it along is first mover edge: it pioneered branded salt in India when it launched in 1983 and today occupies more than half of the market.

Retail
Reliance Digital races ahead of Tata's Croma in electronics retail
Reliance Digital  races ahead of Tata's Croma in electronics retail - Economic Times
"Reliance Retail overtook Croma after opening more stores, especially its smaller size neighbourhood format known as Digital Express Mini."

Retail
NCDRC reserves order on further testing of Maggi samples
NCDRC asks govt to submit a list of accredited and recognised laboratories to conduct the tests on Wednesday


Telecom
'Spam filters' for phones exist, so why aren't big telcos using them to stop spam
'Spam filters' for  phones exist, so why aren't big telcos using them to stop spam - CBC.ca
Robocalls from illegal telemarketing operations are more than just annoying, they're often scams that bilk Canadians out of tens of millions of dollars every year. Consumer advocates say phone companies could use "spam filters for the phone" to prevent these calls from getting through.


Telecom
Tell Us About Your Last Call From a Phone Booth
Phone booths are disappearing. Kids nowadays don't even know what it is when they are looking at one. But this booth in Prairie Grove, Arkansas is one of the


Telecom
4G demand fuels 21% rise in India's smartphone shipments
4G demand fuels 21% rise in  India's smartphone shipments - Mobile World Live
According to the latest report released by the International Data Corporation, the Indian smartphone market has seen a sharp 21.4 percent increase in shipm


Telecom
Call drop situation improving in Delhi: Telecom minister Ravi Shankar Prasad
Incidence of call drops has come down in Delhi between July and October, but telecom companies still have to work hard to meet the quality benchmark set for mobile services, telecom minister Ravi Shankar Prasad said on Wednesday.



Finance
Shareholders accuse NSE of trying to delay public listing
Shareholders accuse NSE of  trying to delay public listing - Livemint
The NSE management is trying to further delay a public sale of its own shares by setting preconditions to the process


Finance
Govt readies new policy on start-ups
Govt readies new policy on  start-ups - Livemint
Policy will focus on manufacturing, seek to promote innovation, will offer tax sops to small unlisted start-ups


Finance
Vijay Mallya ready to pay principal amount Kingfisher owes to banks
Vijay Mallya ready to pay  principal amount Kingfisher owes to banks - The Hindu
Businessman who turns 60 next month says people think of retiring and enjoying life at that age


Finance
Should RBI worry about the fall in value of its gold holdings?
Should RBI worry about the fall  in value of its gold holdings? - Livemint
The fall in valuation has brought down the share of gold reserves in RBI’s overall forex reserves to 5.3% from 9.2% in 2011




Software
Vague guidelines help liquor cos promote brands via Facebook, Twitter and other digital platform
Vague guidelines help liquor cos  promote brands via Facebook, Twitter and other digital platform - ET
Indian alcohol companies have been using Twitter and Facebook for a while now and have now graduated to branded content on the digital platform.


Software
Sony's PlayStation 4 sales top 30 million consoles
Sony's PlayStation 4 sales  top 30 million consoles
The PlayStation 4, which went on sale in late 2013, has been Sony's fastest-selling game console, the Japanese electronics manufacturer said.


Software
Amazon to make Maharashtra its anchor investment state; opens 21st centre
Amazon to make  Maharashtra its anchor investment state; opens 21st centre
Global e-commerce major Amazon, which today opened its seventh fulfilment centre in Maharashtra, has agreed to consider the state as its anchor investment destination.


Software
CCI dismisses complaint against Symantec Corp
CCI dismisses complaint against  Symantec Corp
Fair trade regulator CCI has rejected allegations of anti-competitive business practices made against anti-virus software maker Symantec Corp.



Ecommerce
Snapdeal mum on Aamir, but Flipkart comes in support
Snapdeal mum on Aamir, but  Flipkart comes in support - ABP Live
New Delhi: Popular e-tailing website Snapdeal has left Aamir Khan in cold, saying the company had nothing to do with his comments.

Ecommerce
Amazon to make Maharashtra its anchor investment state; opens 21st fulfilment centre
Amazon to make Maharashtra its  anchor investment state; opens 21st fulfilment centre - Firstpost
The company refused to share any financial details of the Bhiwandi FC, which is spread over 2.3 lakh sq ft with over 1 million cubic feet storage space.

Ecommerce
Report: Mobile Payments Won't Be a Thing This Holiday Season
Report: Mobile Payments  Won't Be a Thing This Holiday Season
Today almost every customer is a digital customer who is always connected, and who discovers new products faster than before, says Anindya Basu and Pr..

Ecommerce
Insurance eligibility for Rupay users eased
Holders of Rupay cards, which have been issued to all accountholders under the Jan-Dhan Yojana scheme, will be eligible for insurance cover if the cards are used once in three months as against once in 45 days earlier.


Franchise
Franchisee Journey: From working at envy-inducing job with international assignments to settling down as Gigi’s Cupcakes franchisee with multiple locations
Franchisee Journey: From working  at envy-inducing job with international assignments to settling down  as Gigi’s Cupcakes franchisee with multiple locations - Entrepreneur
Marina Lee traveled the world for Cisco before settling in North Carolina to open her own mini-chain of Gigi's Cupcakes bakeries.


Franchise
Do you have these 10 entrepreneurial tendencies that are innate in natural business leaders?
Do you have these 10  entrepreneurial tendencies that are innate in natural business leaders? - Franchise King
Here are the 10 signs that you are a natural born business leader, from The Franchise King Blog and Kiddie Academy franchising.



HR

HR
Mahindras to select 32 from group to groom them into new leaders
Mahindras to select 32 from  group to groom them into new leaders - Economic Times
Mahindra Group will select 32 high performers to hone them into new age leaders to take over its existing and new businesses within a decade.


HR
Saudi Arabia to recruit nurses from India through government agencies
Saudi Arabia to recruit nurses  from India through government agencies - Khaleej Times
As per the agreement, health institutions in the kingdom will get the nurses they require recruited through Norka-Roots, a field agency of the Norka, Ov...


HR
XLRI hosts 24th JRD Tata oration
XLRI School of Business and Human Resources organized its 24th annual JRD Tata Oration on Business Ethics on Tuesday.



Logistics
Finally in todays winter session, Govt warms up to Oppn: Will discuss intolerance, GST
Finally in todays winter  session, Govt warms up to Oppn: Will discuss intolerance, GST - The Indian Express
PM Modi wants Opposition briefed on Paris meet; Congress narrows down GST to 3 issues


Logistics
Support for lower Indian GST rate gaining traction; blanket rate of 18% may be likely with scrapping of inter state levy
Support for lower Indian GST  rate gaining traction; blanket rate of 18% may be likely with scrapping of inter state levy - Reuters
The Narendra Modi-government has softened its hardline stand on the goods and services tax (GST) and has started to reach out to the Opposition parties to broker a last-minute deal to push a tax reform that aims to create a pan-India common market.


Logistics
Airline stocks around the world gain 100-300%; SpiceJet top performer
Airline stocks  around the world gain 100-300%; SpiceJet top performer - Economic Times
SpiceJet’s market capitalization of about Rs4,100 crore is too low given the $5.7 billion valuation for the operator of IndiGo, says chairman Ajay Singh


Logistics
Here's the First Airport to Run 100% on Solar Power
Cochin International in southern India is the world's first airport to be run solely on power from the sun. It became totally energy self-sufficient in



Construction
New office district with over 20 million sq ft IT SEZ space coming up in Gurgaon
New office  district with over 20 million sq ft IT SEZ space coming up in Gurgaon - Economic Times
IREO and a joint venture of Singaporean IT park specialist Ascendas and sovereign fund GIC are separately planning to build IT SEZ space.


Construction
Super-luxury duplex apartment sold for Rs 160 crore in Mumbai by Lodha Group
Super-luxury  duplex apartment sold for Rs 160 crore in Mumbai by Lodha Group - Economic Times
Lodha Group has sold a super-luxury duplex apartment in South Mumbais tony Altamount Road locality at Rs 1.60 lakh per sq ft or Rs 160 crore.


Construction
Tata Housing to develop Rs 200 crore project in Mumbai
Tata Housing to develop Rs 200  crore project in Mumbai - Economic Times
Realty firm Tata Housing has tied up with another realtor Neptune group to develop a housing project in Mumbai at an estimated cost of Rs 200 crore.


Construction
IT companies are the largest office space occupiers in low-cost markets in Navi Mumbai
IT companies  are the largest office space occupiers in low-cost markets in Navi Mumbai - Economic Times
Banking, financial services & insurance sector and manufacturing & industrial sectors each occupy 8% of commercial spaces leased in Navi Mumbai.



Marketing

Marketing
HUL, LG, Airtel ads misleading, says ASCI : Report
Advertising industry watchdog ASCI upheld complaints against 87 advertisements in August including those of HUL, Airtel and LG terming them ‘misleading’.


Marketing
Publishing company S Chand raises $27 million : push for digital services
Publishing  company S Chand raises $27 million : push for digital services - Medianama
S Chand, the publisher of textbooks and competitive exam material, has raised $27 million (Rs 179.2 crore) led by International Finance Corp (Rs 110 crore) and existing investor Everstone Capital (Rs 60 crore), reports ET. It will use the funds for scaling up operations in education publishing,


Marketing
Digital marketing in 2016 : Trends, tips and the new role of content
Digital marketing in 2016 :  Trends, tips and the new role of content - Brafton (blog)
Here is our list of trends and tips for blogging, producing video, running social media, designing graphics and writing longform pieces in 2016.



Politics
Winter Session starts today: Prime Minister Modi bats for debate, dubs it as ‘soul of Parliament’
Winter Session starts today: Prime Minister Modi bats for  debate, dubs it as ‘soul of Parliament’
With the Winter Session of the Parliament beginning on Thursday, the first Constitution Day, Narendra Modi spoke about his hopes from the legislative process and the need to spread awareness about the Constitution.


Politics
Winter Session: Failure to pass GST Bill will cost India dear; BJP shouldn’t let that happen
Winter Session: Failure to pass GST Bill will cost India  dear; BJP shouldn’t let that happen
It will send a bad signal to the global investors about India’s reform course and thus future investment prospects


Politics
Sonia Gandhi lashes out at BJP, says it’s a ‘joke’ that party leaders are swearing by Constitution
Sonia Gandhi lashes out at BJP, says it’s a  ‘joke’ that party leaders are swearing by Constitution
Congress President Sonia Gandhi on Thursday targeted the government on issue of intolerance alleging that ideals and principles of the Constitution were under threat and being attacked deliberately.


Politics
As BJP, Opposition arm themselves for the Winter Session, are we in for another washout?
As BJP, Opposition arm themselves for the Winter Session,  are we in for another washout?
If you thought that the acrimony between the government and the opposition witnessed during the monsoon session of Parliament and the subsequent Bihar elections would have abated by now, you are in for a disappointment.



Sports
Live Cricket Score, India vs South Africa, 3rd Test, Day 2, Nagpur: South Africa chase 310 to level series against India
Live Cricket Score, India vs South Africa, 3rd Test,  Day 2, Nagpur: South Africa chase 310 to level series against India
Catch the live score of India vs South Africa here. Ind vs SA scorecard: At Stumps, South Africa are clearly in trouble after being two down in chase of 310 runs.


Sports
Pakistan PM Nawaz Sharif gives PCB go ahead to play India in Sri Lanka: Report
Pakistan PM Nawaz Sharif gives PCB go ahead to play India in  Sri Lanka: Report
Pakistan channel Geo News says PM Nawaz Sharif told Pakistan Cricket Board that it could play against India at a neutral venue.


Sports
Indian Super League: Zico
Indian Super League: Zico
Indian Super League: The Brazilian was disappointed that the big screen inside the stadium showed the replay of Nicolas Velez’s goal being wrongly adjudged to have been offside…


Sports
I-League scraps marquee player rule
I-League scraps marquee player rule
I-League: The winners of the I-League will now earn a prize money of Rs.1 crore from the 2015-16 season…



Entertainment
Taapsee Pannu takes inspiration from grandparents for ‘Ghazi’
Taapsee Pannu takes inspiration from grandparents for  ‘Ghazi’
Taapsee Pannu who is currently shooting for 'Ghazi', is drawing inspiration from her grandparents' experiences for her film.


Entertainment
I’m not fan of censorship: Vivek Oberoi
I’m not fan of censorship: Vivek Oberoi
Vivek Oberoi says he does not believe in censorship and feels people have to be liberal with content.


Entertainment
Salman Khan’s ‘Prem Ratan Dhan Payo’ crosses Rs 200 crore mark
Salman Khan’s ‘Prem Ratan Dhan  Payo’ crosses Rs 200 crore mark
'Prem Ratan Dhan Payo' starring Salman Khan and Sonam Kapoor has earned Rs 201.52 crores at box office in 14 days of its release.


Entertainment
Chrissy Teigen ‘can’t wait to be a mom’
Chrissy Teigen ‘can’t  wait to be a mom’
Chrissy Teigen is enjoying her pregnancy and is incredibly happy with the thought of being a mother.




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