Wednesday, December 9, 2015

December 9, 2015 - Did You Know? 23 Flipkart employees draw more than Rs 1 crore salary annually

View online   Advertise
             Unsubscribe from TradeBriefs Daily



Blog
Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Here are two interesting pieces on Chinese society that give us a glimpse into how rapid economic progress has shaped attitudes and aspirations there. The first piece, evocatively titled 'The Unbearable Coldness of Being (Chinese),' follows a real life incident involving a man about to die on a flight and his nightmarish journey to hospital, his eventual survival and his fight against a cold system. This story seems to have triggered a major introspection in Chinese society this year. The second story by Neelima Mahajan, 'The rise of the big spenders of China' chronicles the aspirations of middle-class and even lower income Chinese, who aspire to vacation in developed countries. A hotel bellboy in Chengdu was planning an India vacation, Taj Mahal and Rajasthan included - Comment


Digital
Did You Know? 23 Flipkart employees draw more than Rs 1 crore salary annually
Did You Know? 23  Flipkart employees draw more than Rs 1 crore salary annually - Times of India
Flipkart Internet’s employee benefit expenses swelled threefold to Rs 476 crore, according to its filing with the Registrar of Companies.


Looking for like-minded folks?

Coming Soon

All Signal, No Noise!

 


Advt: Get qualified leads for your business

TradeBriefs introduces automated mobile number verification, progressive qualification and other API-based verification. Save time and money!

Digital
MobiKwik ties up with IRCTC; expects to facilitate railway ticket bookings worth Rs 1.75 crore daily
Mobile wallet company MobiKwik expects to facilitate railway ticket bookings worth Rs 1.75 crore daily through its platform in the next few months as part of its partnership with the Indian Railways.


Digital
Online fashion brand Teesort targets Rs 100 crore in sales
Online fashion brand Teesort  targets Rs 100 crore in sales
Among the first in the category to post a profit; plans overseas expansion


Digital
Healthcare firm eClinicalWorks invests $30 million in India
Healthcare firm eClinicalWorks  invests $30 million in India
US-based firm to hire 300 staff in 3 months


Digital
Hyperlocal marketplace Zopper appoints Abhishek Aditya as operations head
Noida-based Solvy Tech Solutions Pvt Ltd, which runs hyperlocal marketplace Zopper, has appointed Abhishek Aditya as head of operations. Aditya was earlier senior director of logistics at Delhivery. Prior to that, he was director of logistics at Flipkart. He has also worked with Nokia/Microsoft Devices, Motorola and PepsiCo in different capacities.


Retail
E-commerce market in India may touch $100 billion by 2020: DIPP Secretary
The digital commerce market in India is expected to touch $128 billion in 2017 from $42 billion now with majority of the business likely to be driven by mobile and internet penetration.

Retail
MobiKwik partners with IRCTC to allow booking ticket through its wallet
MobiKwik  partners with IRCTC to allow booking ticket through its wallet - Economic Times
This association will enable MobiKwik users to book railway tickets in a convenient and secure manner from their smartphones, said a release.

Retail
Online hiring up 53% in Nov 2015: Monster Index
Online hiring up 53% in Nov  2015: Monster Index - The Hindu
Monster Employment Index, a monthly gauge of the country's online job demand rose by 76 points to 220 in November this year from 144 in the corresponding period last year.

Retail
Online retail brand Teesort targets 100 cr from sales
Online retail brand Teesort  targets 100 cr from sales - Hindu Business Line
Among the first in the category to post a profit; plans overseas expansion


Telecom
Indian mobile phone makers taking the fight to TV market as Micromax, Intex are cornering a chunk of the TV market
Indian mobile phone makers  taking the fight to TV market as Micromax, Intex are cornering a chunk of the TV market - Livemint
Micromax, Intex are cornering a chunk of the TV market so far dominated by Korean and Japanese firms


Telecom

Telecom
Indian Railways: Now book your train ticket on IRCTC through MobiKwik's mobile app
Indian Railways: Now book your  train ticket on IRCTC through MobiKwik's mobile app - Financial Express
Indian Railways travellers can now make payments for their tickets using MobiKwik as it is now the first payment option on IRCTC Connect Android App.


Telecom
Airtel set to launch 4G services in Rajasthan
Airtel set to launch 4G services  in Rajasthan - Times of India
Airtel to soon rollout 4G services in Rajasthan - Airtel will launch 4G services in Rajasthan within a few days and cover other important cities in next six months, a top official said. "We are ...



Finance
As Raghuram Rajan tightens screws, banks can still disguise bad debts
As Raghuram Rajan tightens  screws, banks can still disguise bad debts - Livemint
Strategic debt restructuring, a tool provided by RBI to help lenders tackle bad debts, is instead helping banks to camouflage the scale of the problem


Finance
Will the Nifty start moving upward?
Will the Nifty start moving  upward? - Economic Times
The concerted selling means FIIs dont expect markets to move up soon since call sellers face huge losses if an underlier, Nifty in this case, moves up.


Finance
Flipkart to arrange easy working capital loans for vendors to ensure loyalty
Flipkart to  arrange easy working capital loans for vendors to ensure loyalty - Economic Times
Easy working capital loans — thats the carrot Flipkart is holding out to its 80,000 merchants to stay loyal and stay active.


Finance
Sebi likely to bring crowdfunding under regulatory framework
Sebi likely to bring  crowdfunding under regulatory framework - Livemint
Sebi, which had formed a committee called under N.R. Narayana Murthy, will submit its report in a month, said Sebi chairman U.K. Sinha




Software
Cognizant commits $40 million (Rs. 260 crore) for Chennai relief
Cognizant commits $40 million  (Rs. 260 crore) for Chennai relief - Times of India
Information technology (IT) major Cognizant has announced a commitment of $40 million (Rs. 260 crore) to help residents, its employees and business partners in Chennai, with relief and rehabilitation in the aftermath of the recent flooding.


Software
How internet is killing the world’s languages with more than 50% content in English?
How internet is killing the  world’s languages with more than 50% content in English?
The internet may be contributing to the death of some languages. 54.5% of the webs content is in English with a numbers of users preferring it to other languages.


Software
Indian software market to grow 12.8% to $5.3 billion in 2016, says Gartner
Indian software  market to grow 12.8% to $5.3 billion in 2016, says Gartner
Gartner says that digital business will completely alter the market and that India has the highest forecasted growth rate amongst BRIC nations.


Software
TCS gets recognised at European Software Testing Awards
TCS gets recognised at European  Software Testing Awards
At the forefront of Digital and Agile Assurance, TCS has helped its customers reimagine and transform the impact of assurance on their business.



Ecommerce
Flipkart India and Flipkart Internet pledge assets to access credit facilities worth over Rs 1,400 crore from commercial banks
Flipkart India and Flipkart  Internet pledge assets to access credit facilities worth over Rs 1,400 crore from commercial banks - Business Standard
The e-commerce giant maintains it is well capitalised and the borrowings are relatively minor

Ecommerce
Can Your Mobile Customers Afford to Watch Your Ads?
Data plans are expensive, especially in emerging markets.

Ecommerce

Ecommerce
Lazada plans to double the number of warehouses in the region over the next few years to keep up with a surge in e-commerce
Lazada expects to add up to three warehouses over the next year, and expects to further increase that to a total of 20 in the next three to four years..



HR
Sigma Systems Recognized as a Top Employer by Globe Mail for the Second Year
Sigma Systems  Recognized as a Top Employer by Globe Mail for the Second Year - Marketwired (press release)
TORONTO, ON--(Marketwired - Dec 8, 2015) - Sigma Systems today announced that it has received the Greater Toronto Top Employers Award 2016 from the Globe & Mail. This is the second year Sigma Systems has received this special designation that recognizes Greater Toronto employers who lead their industries in offering...


HR

HR
Indian employers most upbeat on hiring in Q1 2016
Indian employers most upbeat on  hiring in Q1 2016 - Economic Times
Indian employers are the most bullish in the world when it comes to hiring plans for the quarter to March 2016, according to a survey.


HR
In Sanand, billionaires take up factory jobs
In Sanand, billionaires take up  factory jobs - Times of India
Factories in motown Sanand are faced with an unusual HR problem – handling crorepati labourers. There has been a windfall of Rs 2,000 crore for land owners in and around Sanand, where Gujarat government acquired over 4,000 hectares of land over the last seven years.



Logistics
This Congress-created GST logjam very damaging to India's interests: Jayant Sinha, MoS Finance
This Congress-created GST logjam  very damaging to India's interests: Jayant Sinha, MoS Finance - Economic Times
"The developments in Parliament are quite distressing. The government is absolutely ready for the debate on GST, which is a crucial issue for India's economy."


Logistics
As Congress Declares War On Government, the country sees Uncertainty Over GST and future of tax ease
As Congress Declares War On  Government, the country sees Uncertainty Over GST and future of tax ease - NDTV
Congress reacted with indignation to the Delhi high court judgment ordering the presence of Sonia and Rahul Gandhi in a trial court hearing the National Herald case, claiming “several legal deficiencies” in the verdict.


Logistics
Anand Mahindra says sans GST India stands divided with no common market
Anand Mahindra  says sans GST India stands divided with no common market - Firstpost
"(The) simplest way I know of understanding the significance of the GS Tax: In a fragile world, India's Brahmastra is its huge domestic market," he said.


Logistics
Mass transport key to reducing pollution in Delhi with help of pedistrian walkways, bicycle bays and sustainable transport solutions on routes
Better placed than Delhi still, preventive steps are a must in the city to skirt the national capital's odd-even vehicle use way to contain air pollution.



Construction

Construction
Tata Realty Set to buy proposed 28 acre Pune IT SEZ from Kumar Urban Development
Tata Realty Set  to buy proposed 28 acre Pune IT SEZ from Kumar Urban Development - Economic Times
Tata Realty is set to acquire Kumar Urban proposed IT SEZ spread over 28 acres in Punes Hinjewadi area, two persons aware of the development said.


Construction
Siemens India targeting Smart cities, energy and mobility
Siemens India targeting Smart  cities, energy and mobility - Livemint
Siemens’s Sunil Mathur believes that private spending will follow increased public spending


Construction
Govt defers hike in guidance value, home buyers relieved in Bengaluru
Govt defers hike in guidance  value, home buyers relieved in Bengaluru - ET Realty
This may extend till November next year, when the government is expected to revise guidance value – the minimum market value at which any piece of l..



Marketing
HUL Brands Play Agents of 'Behavioral Change' in New Spot : Report
Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities


Marketing
How Victoria's Secret controls 62% of the lingerie market : Report
How Victoria's Secret controls  62% of the lingerie market : Report - Businessinsider India
Jamie McCarthy/Getty ImagesThe Victoria's Secret Fashion show airs tonight.It comes weeks after news of a red-hot, stellar quarter.Sales had skyrocketed, for


Marketing
How Triggerbridge Plans To Disrupt The Broken Advertising Agency Model : Report
How  Triggerbridge Plans To Disrupt The Broken Advertising Agency Model : Report - Lighthouse insights
Is the present day advertising agency model broken? S Yesudas, the former managing director of Vizeum – one of the Dentsu Aegis Network agencies thinks so. “The ‘agency’ business …


Marketing
Alibaba launches SMILE program for SMEs : Hindi version coming soon
Alibaba launches SMILE program  for SMEs : Hindi version coming soon - Medianama
Chinese ecommerce giant Alibaba has launched Small and Medium Industries Leveraging Export programme (SMILE), to offer solutions like logistics, certifications, technology and financing, reports afaqs. The platform claims it can help support over 10 million small and medium enterprises (SMEs) ex



Politics
After calm seas, Parliament’s Winter Session crashes into National Herald iceberg: Here are the key facts
After calm seas, Parliament’s Winter  Session crashes into National Herald iceberg: Here are the key facts
With the prospect of the mother-son duo of India's first political family having to appear in court, the National Herald case is creating a political storm.


Politics
Gujarat HC rejects Hardik Patel’s plea about cops intercepting his phone calls, asks govt to file affidavit
Gujarat HC rejects Hardik Patel’s plea about  cops intercepting his phone calls, asks govt to file affidavit
The Gujarat High Court on Tuesday asked the state government to file an affidavit on a plea by Hardik Patel questioning the legality of interception of his phone calls as well as of his associates, but rejected the defence's request to share details of certain Home Department orders.


Politics
Azam Khan more dangerous than Dawood Ibrahim, claims Saamana editorial
Azam Khan more dangerous than Dawood Ibrahim, claims Saamana  editorial
Referring to Azam Khan's reported statements on Paris attack and Babri mosque, Shiv Sena on Tuesday alleged the SP leader was more dangerous than Dawood Ibrahim, as it asked him to "learn a lesson" from AIMIM chief Asaduddin Owaisi who the party said has never spoken against the interest of the country.


Politics
‘I absolutely see a political vendatta: says Rahul Gandhi on National Herald allegations
‘I absolutely see a political vendatta: says  Rahul Gandhi on National Herald allegations
Congress Vice-President Rahul Gandhi on Tuesday alleged a "political vendetta" by the ruling BJP into the National Herald case, and insisted that he will not be cowed down.



Sports
BCCI to counter Jeff Crowe’s pitch report
BCCI to counter Jeff Crowe’s pitch report
According to a top BCCI official, the Crowe’s report states that the ball spun from Day One, while going on to add that there was excessive turn on Day Three.


Sports
Talking Sport: Classical off-spinner’s line is working fine for Ravichandran Ashwin
Talking Sport: Classical off-spinner’s line is working  fine for Ravichandran Ashwin
Having made little forays into different styles, R Ashwin now knows what is right for him and his line is working fine for him.


Sports
Viswanathan Anand loses to Hikaru Nakamura in London Chess Classic
Viswanathan Anand loses to Hikaru Nakamura in London  Chess Classic
Viswanathan Anand's loss pushed Hikaru Nakamura's gain as he moved to the leader's pack.


Sports
I knew that one wicket would open things up for us: Umesh Yadav
I knew that one wicket would open things up for us: Umesh  Yadav
Umesh Yadav on Monday produced a serious spell of fast bowling that saw him snare three wickets in six maiden overs.



Entertainment
Anil Kapoor: People made fun of me when I went to Hollywood
Anil Kapoor: People made fun of me when I went to Hollywood
Anil Kapoor's path to Hollywood was not exactly a bed of roses for many poked fun at the actor initially for trying his luck there.


Entertainment
Ranveer Singh was shocked after listening to ‘Albela Sajan’: Shashi Suman
Ranveer Singh was shocked after listening to  ‘Albela Sajan’: Shashi Suman
Singer Shashi Suman says Ranveer Singh was "shocked" when he first heard the track "Albela Sajan" from "Bajirao Mastani".


Entertainment
Dilip Kumar to forgo birthday celebrations for Chennai
Dilip Kumar to forgo birthday celebrations for Chennai
Dilip Kumar, who will turn 93 on Friday (December 11), says he won't celebrate his special day as he is saddened by the tragedy in Chennai.


Entertainment
I will be very surprised if I win: Anoushka Shankar on 5th Grammy nod
I will be very surprised if I win: Anoushka Shankar on  5th Grammy nod
Sitarist Anoushka Shankar says it will come as a huge surprise if she wins Grammy for her latest album "Home".




TradeBriefs Publications are read by over 10,00,000 Industry Executives
About Us  |  Advertise Privacy Policy    Unsubscribe

You are receiving this mail because of your subscription with TradeBriefs.
Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India

No comments:

Post a Comment