Monday, January 25, 2016

January 25, 2016 - Fashion discovery app Wooplr ropes in Koovs' Rajesh Kamra to head social commerce; Arvind Sports' Rajiv Mehta as senior advisor

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Blog
Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
The story of the ambitious entry plan of American retailer Target into Canada and how it ultimately bombed (bankruptcy protection after $7bn in investment) is something that anyone in (Retail) Operations can learn from. From aggressive targets, to bad software decisions, to a lack of understanding of local nuances, anything that could go wrong went wrong. Also, the human stories of how bad business decisions can affect the lives of thousands of employees is telling - Comment


Digital
Fashion discovery app Wooplr ropes in Koovs' Rajesh Kamra to head social commerce; Arvind Sports' Rajiv Mehta as senior advisor
Fashion discovery app Wooplr  ropes in Koovs' Rajesh Kamra to head social commerce; Arvind Sports' Rajiv Mehta as senior advisor - News
The company founded in 2012 pivoted from an offline to online discovery platform to an ecommerce affiliate model in 2015.


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Digital
Chumbak signs cloud service agreement with IBM
Chumbak signs cloud service  agreement with IBM
Chumbak has over 40 outlets in India and large-format flagship stores in six cities. IBM said it has been working with Chumbak for the past six-seven months.


Digital
Flipkart claims to have 47% of mobile traffic, ahead of Amazon and Snapdeal
Flipkart claims  to have 47% of mobile traffic, ahead of Amazon and Snapdeal - The Indian Express
Flipkart has the most mobile traffic among e-commerce websites, according to data by SimilarWeb for December 2015.


Digital
Unicorn India ties up with JRL to bring on board HNIs to participate in India's startup funding
Unicorn India ties up with JRL  to bring on board HNIs to participate in India's startup funding - Economic Times
The partnership comes at a time when the fund has also got a commitment from the India Aspiration Fund, a Rs 2,000-cr fund of funds launched by the government last year.


Digital
Norwest Venture Partners to step up startup investment in India; eyes technology startups
Norwest Venture Partners to step  up startup investment in India; eyes technology startups - Daily News Analysis
Norwest Venture Partners to step up start-up investment in India - The company has already invested nearly $700 million (nearly 4,744.6 crore) in teh country so far.


Retail
Delhiites, come Febuary you can pick up your online purchases from nearest metro station
Delhiites, come Febuary you can  pick up your online purchases from nearest metro station - Daily News & Analysis
- E-commerce companies, in a bid to ensure pick-up convenience, are likely to start delivering select products to metro stations.

Retail
The myth of healthy fast food: One chain's salad has more fat than a Big Mac
The myth of healthy fast food: One chain's salad has more fat than a Big MacSTLtoday.comIf you believe a fast-food outlet is healthy, then you're prone to consume more calories than at a "bad" one like Burger King. Consider how healthy chains slather fat on kale, the nutritional superstar. Lyfe Kitchen's kale salad has more fat than a Big ...

Retail
APMCs: from frying pan to fire?
APMCs: from frying pan to fire?  - The Hindu
s the debate grows within the ruling BJP-Shiv Sena combine in the State over amendments to the Maharashtra Agriculture Produce Marketing (Development and Regulation) Act, agri-activists say any change

Retail
Tech gives wings to logistics firms' last-mile dash
When former Facebook product expert Santanu Bhattacharya returned to India to join logistics venture Delhivery as its technology head, he was in for a shock. Although he’d spent his childhood in Tripura, Bhattacharya lived and worked in the US for close to two decades and couldn’t get his head around the way addresses were written.


Telecom
Telecom sector will need 41.6 lakh skilled workforce by 2022: Ravi Shankar Prasad
Telecom sector  will need 41.6 lakh skilled workforce by 2022: Ravi Shankar Prasad - Daily News Analysis
Telecom sector will need 41.6 lakh skilled workforce by 2022: Ravi Shankar Prasad - Stressing on the need to train people, Prasad said India should develop an architecture whereby it becomes the supplier of skilled workforce everywhere.


Telecom
Why Facebook's Free Basics aka Digital India is Cancer for the Next Generation
Why  Facebook's Free Basics aka Digital India is Cancer for the Next Generation - Desicritics.org
In the last two days, Facebook has started some stealthy “chutiyapa” operation to con people into supporting Digital India, not via the Internet we want, but the Free Basic Internet, that refers to Digital India Initiative by Facebook aka internet.org for which we clearly said NO. Facebook is now sending its users notifications on how their friends …


Telecom
Facebook: Bullish Ahead Of The Print
Facebook: Bullish Ahead Of The  Print - Seeking Alpha
Facebook will report on Wednesday with consensus expecting $0.68 in EPS and $5.36b in revenue.Key focuses for the quarter are MAU growth, video ads and messenge



Finance
New banks to complement existing banking system, says Kochhar
New banks to complement existing  banking system, says Kochhar - Business Standard
Kochhar said payment banks can complement the existing banking system and ICICI Bank will explore opportunities for mutually beneficial partnerships.


Finance
Reserve Bank of India's ECB norms: two steps forward, one step back
Reserve Bank of  India's ECB norms: two steps forward, one step back - The Hindu
The Reserve Bank of India’s revamped norms for external commercial borrowings (ECB) benefit global lenders rather than domestic borrowers, analysts and bankers said. The new rules were announced by


Finance
Defaulters must not flaunt money: Raghuram Rajan
Defaulters must not flaunt  money: Raghuram Rajan - Times of India
Your savings in trouble as public banks run out of money - Called gross Non Performing Assets, the growth in these non-recoverable loans of certain banks is nearing 100%.


Finance
Public sector banks responsible for country's growth in all sectors, says Prabhat Patnaik
Public sector banks responsible  for country's growth in all sectors, says Prabhat Patnaik - The Hindu
Stating that the Indian economy has cut out different tasks for private and public sector banks, eminent economist Prabhat Patnaik on Sunday said that if PSU banks start functioning like private bank




Software
How will Zero Distance initiative at Infosys can help clients save $1 bn a year?
How will Zero  Distance initiative at Infosys can help clients save $1 bn a year? - Livemint
The Infosys CEO has for the first time put a number to measure the success of the approach introduced last year


Software
Micromax brings back old executives and hands in a bid to fight competition
Micromax brings  back old executives and hands in a bid to fight competition
The company is roping in former execs to invigorate operations and sales, which have increasingly come under pressure from Samsung, Intex and a slew of Chinese entrants.


Software
Chinese phone maker Gionee plans to launch single-brand stores in India
Chinese phone  maker Gionee plans to launch single-brand stores in India
It plans to increase the number of franchisee outlets to 100 by March and 250 by December, Gionee India CEO Arvind Vohra said.



Ecommerce
Amazon's net loss from India business widens to Rs 1,724 crore even as sales jump six-fold in the year ended March 2015
Amazon India’s portal was the most-visited site in the country and also had the fastest-growing shopping app among all ecommerce companies in 2015.

Ecommerce
E-tailers to deliver products at Delhi metro stations; expects to come in handy for those who make online purchase and collect them at their convenience
The arrangement is expected to come in handy for those who make online purchase but are generally not at home to receive things ordered.

Ecommerce
How a boom in corporate office leasing reflects India's solid economic base
How a boom in  corporate office leasing reflects India's solid economic base - Economic Times
2015 was the best year ever in corporate office leasing, and may be a concrete indicator that, despite near-term worries, the Indian economy is on solid ground.

Ecommerce
Urban Ladder forays into the mattress category in April, 2015, witnessing unprecedented growth of 30% month-on-month in addition to doubling sale in last quarter
Urban Ladder, the online furniture and home decor startup, which forayed into the mattress category in April, 2015, is witnessing unprecedented growt..


Franchise
Franchisee Journey: From quick lube operators for several years to Jiffy Lube franchisees
Franchisee Journey: From quick  lube operators for several years to Jiffy Lube franchisees - Entrepreneur
Steve Allison and his business partner weren't looking to franchise, but they went for it after Jiffy Lube International made a compelling case.


Franchise
How to regain respect from the online community after a bad review
If you’re franchising in the hospitality industry, the odd negative review is known to be an occupational hazard. But when the comments are made on TripAdvisor or on your Facebook page, be aware that the online community have become the beast that never sleeps, and your reaction is crucial.



HR
Over 80 per cent engineering graduates in India unemployable: Study
Over 80 per cent engineering  graduates in India unemployable: Study - Economic Times
In terms of cities, Delhi continues to produce the highest number of employable engineers followed by Bengaluru and the western parts of the country.


HR
Air India Senior Trainee Pilots Recruitment 2016 Download Notification and Apply Online For 534 Vacancies Here
Air India Senior Trainee Pilots  Recruitment 2016 Download Notification and Apply Online For 534 Vacancies Here - FitnHit.com
Air India Senior Trainee Pilots Recruitment 2016 Download Notification and Apply Online For 534 Vacancies Here and the candidates can download the notification and apply for the posts on the website or from here


HR
DSE, XLRI join hands to train govt teachers
The district education department has sought the help of XLRI School of Business and Human Resources to improve the communication and teaching skills of the government school teachers.


HR
Seeking to take on new rivals, Micromax brings back old hands
Seeking to take on new rivals,  Micromax brings back old hands - Economic Times
The company is roping in former execs to invigorate operations and sales, which have increasingly come under pressure from Samsung, Intex and a slew of Chinese entrants.



Logistics
Air India to lease out 17000 sq ft of commercial space at erstwhile Mumbai headquarters, will earn an amount of 5 crores per annum on lease amount

The airline has already rented out most of the 4,49,000 sq ft space of the iconic Air India Tower facing the Arabian Sea in the country's financial capital.

 


Logistics
70 passengers offloaded from Indigo flight for 'unruly behaviour', were making threatening remarks to and misbehaved with cabin crew
70 passengers offloaded from  Indigo flight for 'unruly behaviour', were making threatening remarks to and misbehaved with cabin crew - Times of India
Indigo in a statement said the passengers were offloaded "on the grounds of unruly behaviour" and an FIR has been lodged with local police in this regard. The passengers, on the other hand, alleged that they were harassed by the airline's staff.


Logistics

Logistics
Indian Railways to install signboards across 2000 stations with 1,00,000 networked large screens to tap advertisement potential
Indian Railways to install  signboards across 2000 stations with 1,00,000 networked large screens to tap advertisement potential - Financial Express
As per the plan, railways will install about 100,000 networked large screens across 2000 stations connected using multi-path protected optical fibre network, with a screen in front of each train coach, in concourse, circulating area, foot over bridges, waiting rooms, lounges and every other place that makes sense to the rail users.



Construction
Housing finance companies in the slow lane on account of lower disbursement and higher repayment
Housing finance companies in the  slow lane on account of lower disbursement and higher repayment - Livemint
The moderation in the loan book was on account of lower disbursement growth and higher repayment as customers switched to housing loans from banks, which have lowered their lending rates


Construction
Home loans helps big time in saving taxes despite higher liability burden
Home loans helps  big time in saving taxes despite higher liability burden - Livemint
Borrowing money to buy a house not only gets you an asset but also helps you save on taxes along the way


Construction
How a boom in corporate office leasing reflects India's solid economic base
How a boom in  corporate office leasing reflects India's solid economic base - ET Realty
2015 was the best year ever in corporate office leasing, and may be a concrete indicator that, despite near-term worries, the Indian economy is on sol..


Construction
Kotak Fund gets over 270-crore exit option from Sunteck Realty
Kotak Fund gets over 270-crore  exit option from Sunteck Realty - ET Realty
The private equity realty fund had invested capital at the time of acquiring the 16-acre land parcel - which is part of the project - in 2012. The exi..



Marketing
Will enhance marketing strategy to make airports commercially viable : AAI
Will enhance  marketing strategy to make airports commercially viable : AAI - Daily News Analysis
Will enhance marketing strategy to make airports commercially viable: AAI - At the Airport Marketing Conference held recently in Gurgaon, officials and experts chalked out a strategy to make commercial use of airport infrastructure in the country.


Marketing
BBC Advertising's content marketing arm bets big on Indian market : Report
BBC will be offering its content marketing service to its premium clients this year as part of the package. “India is a key market for us,” said John Williams.


Marketing
Three of Twitter's top execs are leaving : Report
Three of Twitter's top execs  are leaving : Report - Businessinsider India
AP/ AnonymousKatie Jacobs Stanton (right) was part of Barack Obama's social media savvy team during the first part of his presidencyThree of Twitter's


Marketing
Securing our smart infrastructure
Embedding security at every stage of the Digital India and Smart Cities initiatives is essential to protect our critical infrastructure from cyber attacks



Politics
‘War criminal’: How did a ‘fake’ letter about Netaji Bose create so much controversy?
‘War criminal’: How did a  ‘fake’ letter about Netaji Bose create so much controversy?
Amid the 100 files pertaining to Netaji Bose that the centre put up in the public domain on Saturday, the one that stole the show was not even part of the declassified documents.


Politics
Prashant Kishor, Bihar CM's New Advisor, To Hire 1,200 Consultants To Strengthen Bureaucracy
Prashant Kishor, Bihar CM's New Advisor, To Hire 1,200  Consultants To Strengthen Bureaucracy
Prashant Kishor, the political campaign strategist for Nitish Kumar in the Bihar elections, has been appointed advisor on policy and programme implementation in the chief minister’s office. He w


Politics
Modi And I Have Developed A Friendship, Says Barack Obama
Modi And I Have Developed A Friendship, Says  Barack Obama
WASHINGTON -- In a strong message, US President Barack Obama told Pakistan today that it "can and must" take more effective action against terrorist groups operating from its soil by "d


Politics
Amit Shah All Set To Serve Another Term As BJP President From Today
Amit Shah All Set To Serve Another Term As BJP President From  Today
NEW DELHI -- Despite drawing flak from several quarters for poll debacles in Delhi and Bihar, incumbent Bharatiya Janata Party (BJP) president is tipped to be re-elected unopposed to the top post on S



Sports
Government should not get involved in sports: Abhinav Bindra
Government should not get involved in sports: Abhinav  Bindra
Calling for professionalisation of the sports federations, India's only individual Olympic gold medallist Abhinav Bindra on Sunday said the government should not involve itself in sports.


Sports
I hope Sergio Aguero continues, he’s a top player: Manuel Pellegrini
I hope Sergio Aguero continues, he’s a top  player: Manuel Pellegrini
Manuel Pellegrini denied Manchester City were "just Sergio Aguero" but agreed he was critical to the team.


Sports
It was spectacular, wild, good football: Liverpool manager Juergen Klopp
It was spectacular, wild, good football: Liverpool manager Juergen  Klopp
Juergen Klopp and his players celebrated Adam Lallana's winner at Norwich so wildly that the manager ended up breaking his glasses.


Sports
For Hardik Pandya, hard work pays, finally
For Hardik Pandya, hard work pays, finally
From a lower-middle class background to playing first-class cricket, IPL and now on the verge of representing the country, his life has taken a sudden flight in the last year or so.



Entertainment
Oscar boycott has already been effective: Daniel Radcliffe
Oscar boycott has already been effective: Daniel  Radcliffe
Daniel Radcliffe says the threat of boycotting Oscars is already changing Hollywood.


Entertainment
45 percent Indian cinema revenue comes from south: Resul Pookutty
45 percent Indian cinema revenue comes from south: Resul  Pookutty
Resul Pookutty on January 24 said that 45 percent of the total revenue of Indian cinema comes from the southern filmdom.


Entertainment
Chris Rock still Oscars host;monologue to tackle OscarsSoWhite
Chris Rock still Oscars host;monologue to tackle OscarsSoWhite
Chris Rock is still on board to host the Oscars this year despite calls for him to join the boycott protesting the Academy's lack of diversity.


Entertainment
‘The Big Short’ wins Producers Guild Award
‘The Big Short’ wins Producers Guild Award
"The Big Short" has been named the best-produced film of 2015 by the Producers Guild of America.




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