Tuesday, January 5, 2016

January 5, 2016 - The gorilla warfare is on in India's e-commerce space: Let's see who wins -- Flipkart, Amazon, Snapdeal, Paytm, or a futuristic merged entity

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
In a classic case of 'God complex', Paul Graham seems to have stepped beyond his area of expertise with his latest essay, incurring the wrath of many - Paul Graham is still asking to be eaten. He claims that he is a manufacturer of economic inequality, a statement that begs to be attacked. While his proficiency in helping produce successful startups through YCombinator is beyond doubt, the problem with his latest essay is his tunnel vision to think that Silicon Valley/he has the solution to the economic problems of the world. What makes Silicon Valley look good is the comparison with Wall Street, where greed and fear have destroyed wealth for many, while a few have run away with millions. In the larger scheme of things, Silicon Valley only embodies a better form of capitalism where consumers generally gain, but the primary driver is still investors demanding a high return on investment. It does nothing in important areas where markets themselves fail (fundamental innovation in sciences/research, healthcare, etc). Capitalism itself is far from perfect and governments around the world (including the US) keep trying to plug its weaknesses through various forms of incentives, penalties and wealth transfers. The economic inequality problem is not something Silicon Valley can solve by itself - Comment


Digital
The gorilla warfare is on in India's e-commerce space: Let's see who wins -- Flipkart, Amazon, Snapdeal, Paytm, or a futuristic merged entity

Flipkart, Snapdeal, Amazon and Paytm--are duking it out to become the regional leader in a field where the final outcome is far from certain.

 


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Digital

Digital
Wipro names Abidali Neemuchwala as CEO
Wipro names Abidali Neemuchwala  as CEO
Wipro’s appointment on expected lines; move aimed at shoring up IT services giant’s growth


Digital
Net Neutrality: Nasscom opposes Airtel Zero, Free Basics plans
Net Neutrality: Nasscom opposes  Airtel Zero, Free Basics plans
IT industry body Nasscom today opposed Airtel Zero and Free Basics type platforms whic


Digital
Uber launches 'uberCOMMUTE' as carpool option for private drivers in Bengaluru
Uber launches  'uberCOMMUTE' as carpool option for private drivers in Bengaluru
Ride-hailing smartphone app, Uber, launched uberCOMMUTE in Bengaluru today.  


Retail
Paytm acquires Delhi based consumer behaviour prediction company Shifu for $8 million
Digital payments and commerce firm Paytm has acquired Delhi-based consumer behaviour prediction platform Shifu in an $8-million (Rs 53-crore) deal. Sh..

Retail
Retail | Convergence of retail stores and tech
Over 350 million Indians will be tethered to their smartphones, and retailers will increasingly turn digital

Retail
Lifestyle, Max owner Landmark Group launches e-commerce website in India landmarkshops.in, to help its omni-channel strategy
Lifestyle, Max owner Landmark  Group launches e-commerce website in India landmarkshops.in, to help its omni-channel strategy - Economic Times
According to a PwC report, by 2020, online retail in India is expected to account for 3% of total retail. Further, orders per million are expected to more than double from five million in 2013 to 12 million by 2016.

Retail
What retail will look like in 2016
The sector may get a boost if urban consumption demand remains strong and inflation pressures remain in check


Telecom
India deserves better than Mark Zuckerberg's watered-down Internet
India deserves  better than Mark Zuckerberg's watered-down Internet - Washington Post
Facebook's CEO doesn't understand the culture and value of Indians.


Telecom
Is "Free Basics" The Right Strategy For Facebook?
Is
Since this limits internet access and provides an advantage to the sites which can be accessed for free, activists in India have been opposing this service stating that it is a threat to net neutrality. Apart from India, Facebook has partnered with telecom carriers to offer


Telecom
Airtel, Vodafone, Idea and Reliance Jio's 4G push to help advertising sector grow 15% in 2016
Airtel, Vodafone, Idea and  Reliance Jio's 4G push to help advertising sector grow 15% in 2016 - ETTelecom.com
Online retailers have used radio extensively in their ad campaigns and have aggressively advertised on the medium to gain market, Jani notes.


Telecom
Impact of the Telecom sector in the year 2015 and the year ahead
Impact of the Telecom sector in  the year 2015 and the year ahead - Indiainfoline
As Indian telecom transitioned from duopoly to multi-player competition and the worldwide mobile penetration increased, the tariffs kept declining and handsets became cheaper.



Finance
Can your idea really become a business?
Can your idea really become a  business? - Livemint
The big question now is—how do we ensure more than 5% of start-ups succeed?


Finance
Raghuram Rajan among Asian central bank chiefs eyeing exit in 2016
Raghuram Rajan among Asian  central bank chiefs eyeing exit in 2016 - Livemint
Rajan’s term finishes this year and the former IMF chief economist hasn’t said if he will seek a reappointment or look further afield


Finance
Will the plan to restructure IDBI Bank succeed?
Will the plan to restructure  IDBI Bank succeed? - Livemint
One of the hurdles to the transformation of IDBI Bank will be the large amount of stressed assets that IDBI Bank has on its books


Finance
Sleeping with the enemy: big banks skirt confrontation to embrace fintech startups
Sleeping with  the enemy: big banks skirt confrontation to embrace fintech startups - The Hindu
Financial technology startups are typically portrayed as small firms run by a bunch of young geeks in T-shirts and hoodies backed by venture capitalists to disrupt the financial services and banking




Software
Wipro pins hope for revival on TCS Exec Abidali Neemuchwala as the new CEO : Shuns radical re-org plan
Wipro pins hope for revival on  TCS Exec Abidali Neemuchwala as the new CEO : Shuns radical re-org plan - Economic Times
With Neemuchwalas elevation to the top job, Wipro in a way has opted not to go for a radically different change in its top echelons.


Software
Airtel Zero, Facebook Free Basics violate net neutrality, says Nasscom
Airtel Zero,  Facebook Free Basics violate net neutrality, says Nasscom
IT industry body Nasscom today opposed Airtel Zero and Free Basics type platforms which it feels violate net neutrality principles by differentiating internet access for certain types of services.


Software
Will 'data singularity' technology be a $314 billion worth opportunity?
Will 'data  singularity' technology be a $314 billion worth opportunity?  - Times of India
If you have sent email on Google or used Microsoft's browser or databases, you have touched the technology handiwork of Adam Bosworth.


Software
IT hardware vendors seek sops under ‘Make in India’
IT hardware vendors seek sops  under ‘Make in India’
Bigger domestic firms such as Wipro and HCL have shut down their computer hardware manufacturing facilities in India.



Ecommerce
Grofers shuts down operations in 9 cities including Ludhiana, Bhopal, Kochi, Coimbatore and Visakhapatnam
The cities where Grofers has decided to stop services include Ludhiana, Bhopal, Kochi, Coimbatore and Visakhapatnam

Ecommerce
DCGI directs states to take action against online pharmacies if they are in breach of regulations such as selling drugs without a doctors prescription
DCGI directs states to take action against online pharmacies if they are in breach of regulations such as selling drugs without a doctor’s prescription

Ecommerce
Paytm acquires Delhi-based consumer behaviour prediction platform Shifu in an $8-million (Rs 53-crore) deal
Digital payments and commerce firm Paytm has acquired Delhi-based consumer behaviour prediction platform Shifu in an $8-million deal.

Ecommerce


Franchise
Franchisee Journey: From coffee franchisee to beer franchisee
Franchisee Journey: From coffee  franchisee to beer franchisee - Entrepreneur
After running a Tim Hortons franchise for two decades, Wendy Clark-Wolfe also recently opened a World of Beer franchise. She explains why.


Franchise
Franchisee Newbies: Finding the financing for a new franchise business
Franchisee  Newbies: Finding the financing for a new franchise business - Franchise Mart
Franchise blog,Blog.franchise,Starting a franchise is one option for people who want to enjoy the independence of entrepreneurship but still follow a clearl ...



HR
Domino's Names Judy Werthauser EVP, Chief People Officer
Domino's Names Judy  Werthauser EVP, Chief People Officer - PR Newswire (press release)
ANN ARBOR, Mich., Jan. 4, 2016 /PRNewswire/ -- Domino's Pizza (NYSE:DPZ), the recognized world leader in pizza...


HR
Govt agencies to develop tech varsity exam software
The Centre for Development of Advanced Computing (C-DAC) and National Informatics Centre (NIC) have expressed interest to develop a software solution for online evaluation of answer papers of engineering examinations of the APJ Adbul Kalam Technological University .


HR
The 11 highest-paying jobs at Yahoo
The 11 highest-paying jobs at  Yahoo - Businessinsider India
Getty ImagesYahoo may be struggling as a business, but it's still one of the biggest websites in the world.It gets hundreds of millions of users every month,


HR
A chance to work with Reserve Bank of India (RBI)
A chance to work with Reserve  Bank of India (RBI) - India Today
The eligible candidates can apply through the prescribed format latest by January 18.



Logistics
India Tax Reform: Government hopeful of passing GST Bill in next Parliament session
India Tax  Reform: Government hopeful of passing GST Bill in next Parliament session - International Business Times
The country’s finance minister expects the bill to be passed in the next session of the parliament, which begins in the last week of February.


Logistics

Logistics
Delhi even-odd rule: Crowded public transport, car-pooling and more traffic seen; 25 categories exempted
Delhi even-odd rule: Crowded  public transport, car-pooling and more traffic seen; 25 categories exempted - Zee News
Delhi Chief Minister Arvind Kejriwal car-pooled with Transport Minister Gopal Rai and Home Minister Satyendra Jain to reach Delhi Secretariat on Monday as Delhi witnessed full implementation of even-odd rule .  


Logistics
Turkish Airlines flight headed for Istanbul returns to Mumbai after security scare
Turkish Airlines flight headed  for Istanbul returns to Mumbai after security scare - India Today
A Turkish Airlines flight scheduled to fly to Istanbul was called back from a runway at the Mumbai airport on Monday after an unclaimed mobile phone was spotted in the aircraft before take-off.



Construction
IRB Infra bags Rs10,050 cr project to build country’s longest tunnel over seven years
IRB Infra bags Rs10,050 cr  project to build country’s longest tunnel over seven years - Livemint
Project’s construction period is seven years and the concession period is 22 years


Construction
Bengaluru sees a dip of 62% in New property launches in 2015
Bengaluru sees a dip of 62% in  New property launches in 2015 - ET Realty
According to Cushman & Wakefield research, in 2015, a majority of the new launches (83%) were now concentrated in the mid-segment


Construction
Can smart cities that are immune to consequences of natural disasters be build?
Can smart cities  that are immune to consequences of natural disasters be build? - ET Realty
The frequency at which earthquakes and other natural disasters' are hitting India and other Asian countries, has got everyone worried


Construction
With no tar roads residents complain of being neglected
With no tar roads residents  complain of being neglected - ET Realty
Residents of like Kumudham Nagar, Vignesh Nagar in Cheran Maa Nagar and several layouts in Vellalore have been deprived of tar roads for over 20 years



Marketing
The Future of Facebook Advertising Isn't in the United States : Report
The Future of  Facebook Advertising Isn't in the United States : Report - Re/code
Facebook ad revenue will soon be dependent on emerging markets like Brazil and India.


Marketing
The ad-tech of tomorrow, today : Report
I remember watching the Steven Spielberg film Minority Report and thinking: “Nah, that will never happen.” But, to my surprise, 13 years later the ad technologies portrayed in that movie have almost become a reality.


Marketing
Free Basics and the battle for digital hegemony : Report
Free Basics and the battle for  digital hegemony : Report - Livemint
Free Basics’ user acquisition strategy and Instant Articles’ content acquisition strategy could ensure users are locked into Facebook’s walled gardens


Marketing


Politics
Pathankot attack: Time for PM Modi to dump NRIs, address nation on language of India-Pak dialogue
Pathankot attack: Time for PM Modi to dump NRIs, address  nation on language of India-Pak dialogue
I believe that for the Narendra Modi government, we NRIs have become a cop-out of the first order. We have been singularly responsible for having fed the ego and given the Prime Minister of India a blazing bonfire of the vanities.


Politics
A Reporter Remembers AB Bardhan
A Reporter  Remembers AB Bardhan
In public memory, communists are usually remembered as ascetic, dour, and humourless personalities. During the many years in which I interacted with the former general secretary of the Communist Party of India (CPI), AB Bardhan, as a reporter, I found that he passed the first marker with flying colours, and failed the other two by…


Politics
Pathankot terror attack: BJP says Congress politics over terrorism unfortunate
Pathankot terror attack: BJP says Congress  politics over terrorism unfortunate
BJP sources said the government's decision to start dialogue with Pakistan was driven by its intentions to show the world that it wanted peace with the neighbouring country and Prime Minister Narendra Modi's surprise stopover in Lahore was a part of these efforts.


Politics
These 6 Maps Show Odd Even Rule Has Reduced Traffic In Delhi
These 6 Maps Show Odd Even Rule Has Reduced Traffic In  Delhi
It's been three days that the Arvind Kejriwal-led Delhi government imposed the odd-even rule in the city. However, the real test for Kejriwal's odd-even anti-pollution rule began today, with Delhiites



Sports
VVS Laxman’s 281 awarded the best Test innings in last 50 years
VVS Laxman’s 281 awarded the best Test innings in last 50  years
Following-on in the Kolkata Test in 2001, India needed VVS Laxman's 281 to beat Australia in the match.


Sports
Andy Murray commences Hopman Cup campaign with easy win
Andy Murray commences Hopman Cup campaign with easy win
Andy Murray eases past France’s Kenny de Schepper 6-2, 6-2 in the Hopman Cup opener.


Sports
Hopefully U-19 team will bring laurels to India: Rahul Dravid
Hopefully U-19 team will bring laurels to India: Rahul  Dravid
Rahul Dravid refused to answer questions on the Lodha Committee report which was submitted on Monday.


Sports
Virat Kohli congratulates India team for SAFF Cup win
Virat Kohli congratulates India team for SAFF Cup win
Virat Kohli co-owns the FC Goa franchise in the Indian Super League (ISL).



Entertainment
Shah Rukh Khan’s ‘Dilwale’s steady pace at box office, collects Rs. 141.58 cr in India
Shah Rukh Khan’s ‘Dilwale’s steady  pace at box office, collects Rs. 141.58 cr in India
Shah Rukh Khan's 'Dilwale' directed by Rohit Shetty has earned a total of Rs. 141.58 cr in India so far.


Entertainment
Deepika, Ranveer’s ‘Bajirao Mastani’ box office collections unstoppable, earns Rs.162.35 cr
Deepika, Ranveer’s ‘Bajirao  Mastani’ box office collections unstoppable, earns Rs.162.35 cr
Bajirao Mastani starring Deepika Padukone, Ranveer Singh has earned Rs. 162.35 cr in India alone and its overseas collections have gone up to Rs. 90 cr.


Entertainment
Took me time to convince people about my vision: Farhan Akhtar
Took me time to convince people about my vision: Farhan  Akhtar
Farhan Akhtar says that when he set out to be a director with "Dil Chahta Hai" in 2001, he spent time to convince people of his vision and project.


Entertainment
Will 'Wazir', 'Airlift', 'Saala Khadoos' break the January jinx of Bollywood?
Will 'Wazir', 'Airlift', 'Saala Khadoos'  break the January jinx of Bollywood?
Will 'Wazir', 'Airlift', 'Saala Khadoos' break the January jinx of Bollywood? - Big B, Akshay Kumar, Rajkumar Hirani's fearless January




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