Friday, January 8, 2016

January 8, 2016 - Here's how Netflix's entry would impact Indian internet TV companies

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
So. you have an idea for fixing a problem in your city? Maybe, it's potholes, or a cleanliness drive, or a project that reduces pollution. What if, you could put this up on a site and attract funding for it and solve it on your own. That's precisely what a bunch of social designers in Finland are trying with Brickstarter. Imagine if this idea could be further extended, where instead of your local government allocating tax money, ordinary citizens could identify problems, suggest solutions and then allocate their tax rupees towards the projects they identify with the most! True democracy in action? The government knows exactly what the people want, at all times and plays more of an enabler role. Such a radical new way of looking at democracy is what author Steven Johnson suggests in his book - Future Perfect. Today's technology does provide us the opportunity to experiment with new forms of community development. This is especially critical in a large complex country like India, where top-down planning often runs into vested interests - Comment


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Digital
Jaipur-based edutech startup Myly raises Rs 67 lakh in seed funding
It plans to raise an additional $1.2M by February.


Digital
Ringo-founder Bhavin Turakhia launches Zeta Meal Vouchers app
Serial tech entrepreneur Bhavin Turakhia's digital payments platform Zeta has rolled out its first product – Zeta Meal Vouchers –which aims to provide employees access to corporate meal vouchers at the click of an app.


Retail
Govt drops idea of defining online marketplace, admits not wise to define ecommerce companies one way or the other
Indian laws currently allow 100% FDI in B2B e-commerce but none in multi-brand retail and retail e-commerce

Retail
Toshiba to exit home appliance, TV business in India as losses mount, exploring options for licensing brand or tie-up with Indian company
Toshiba to exit home appliance,  TV business in India as losses mount, exploring options for licensing brand or tie-up with Indian company - Economic Times
Toshiba has informed key trade partners and dealers in India about its decision and has stopped importing goods for over a month now.

Retail
Open multi-brand retail, e-commerce, education to more FDI: India Inc.
Open multi-brand  retail, e-commerce, education to more FDI: India Inc. - The Hindu
The government should further ease Foreign Direct Investment (FDI) norms, especially in sectors such as multi-brand retail, education and e-commerce -- where its stance has been ambivalent till now,

Retail
Famous for its pickles, Mother's Recipe launches online store
Famous for its  pickles, Mother's Recipe launches online store - Economic Times
Mother's Recipe today announced the launch of its online store to retail food products and enable it to reach a wider segment of consumers.


Telecom
Is Half an Internet Better Than No Internet at All?
Is Half an Internet Better Than  No Internet at All? - New America Media
A whopping 81 percent in a survey of 30,000 people have voted against Free Basics or any such programme and want an unbiased or neutral internet for themselves, a survey conducted by citizen engagement platform LocalCircles said here on Thursday.


Telecom
Videocon-Telenor 4G deal hinges on four key circles
Videocon-Telenor 4G deal hinges  on four key circles - Economic Times
The Videocon Groups plans to sell its 4G spectrum to Telenor seem to have run into a glitch, with the Norwegian carrier wanting to buy airwaves in four circles.


Telecom
Facebook: The phone number is dying
Facebook: The phone number is  dying - Businessinsider India
This means Facebook Messenger has more active monthly users than rivals Snapchat and Viber, but still lags the 900 million using WhatsApp, also owned by Facebook.


Telecom
'Sony Mobile set to turn profitable from next year'
'Sony Mobile set to turn  profitable from next year' - Times of India
Kazuo Hirai has been leading a transformation at Japanese electronics giant Sony. Once a global powerhouse in electronics, Sony has been trying to re-invent itself in an era where smartphones define top-line and some of its core businesses like televisions face stiff competition.



Finance
The changing realities in India's start-up market
Over the next few months, it won’t be surprising to see more start-ups, across sectors, give in to down rounds or at best raise fresh capital at flat valuations

 


Finance
China rout: Investors lose Rs 2.5 lakh crore as Dalal street record steepest fall in 5 months
China rout: Investors lose Rs  2.5 lakh crore as Dalal street record steepest fall in 5 months - Economic Times
Indian stock indices recorded their biggest single-day fall in five months on Thursday to close 2.2% down at a 19-month low.


Finance
GST Failure may Affect India's Ability to Ramp up Spending: World Bank
NEW DELHI:  The World Bank in its report has warned that failure to pass the Goods and Services Tax (GST) bill by Parliament could hamper the Indian government’...


Finance
Was US Fed hike trigger for yuan depreciation, market crash?
Was US Fed hike trigger for yuan  depreciation, market crash? - Livemint
With PBOC loosening monetary policy while the Fed tightens, the burden on the yuan, already under downward pressure on account of capital outflows, has risen




Software
Yahoo to cut 1,000 jobs : Looking to slash 10% or more of its workforce
Yahoo to cut 1,000 jobs :  Looking to slash 10% or more of its workforce - Economic Times
Yahoo Inc is working on a plan to cut its workforce by at least 10 percent and it could start the process as early as this month, reveal sources.


Software
Google steps up hiring in China : Setting up stage for a comeback
Google steps up hiring in China  : Setting up stage for a comeback - Economic Times
The buzz that Google Inc may move back to the Chinese mainland became louder after the Internet giant's numerous job postings appeared on social media.


Software
Netflix goes global with streaming service, but China is notably absent
Netflix goes  global with streaming service, but China is notably absent
Netflix went live with its streaming television service in nearly every country across the world on Wednesday.



Ecommerce
Quikr buys online real estate portal Commonfloor.com; combined entity will have 2 million real estate listings
Commonfloor will have access to Quikr’s 30 million consumers and the combined entity will have 2 million real estate listings, the companies said in a joint statement

Ecommerce
Ace designer Archana Kochhar to make her creations available online for the first time via the ethnic online marketplace Craftsvilla
Ace designer Archana Kochhar will make her creations available online for the first time via the ethnic online marketplace Craftsvilla.

Ecommerce
Myntra's revenue during the two-day 'End of Reason Sale' earlier this month jumps 20 times
Myntra's revenue during the  two-day 'End of Reason Sale' earlier this month jumps 20 times - Economic Times
Myntras revenue during the two-day ‘End of Reason Sale earlier this month jumped 20 times, according to a top executive at the company.

Ecommerce
Flipkart Backed MadRat Games Unveils Wearable Gaming Platform for Kids In CES 2016
Flipkart  Backed MadRat Games Unveils Wearable Gaming Platform for Kids In CES 2016 - iamWire
The so called super suit, consists of a digital vest that lights up and talks. Also the suit comes with a pair of gloves that can control different devices and target opponents.


Franchise
Franchisee Journey: From little boy with burgeoning interest in fixing things to appliance-repair franchisee
Franchisee Journey: From little  boy with burgeoning interest in fixing things to appliance-repair franchisee - Entrepreneur
Andrew Brown traces his interest in fixing appliances back to a broken refrigerator in his childhood. Today, he's a top franchisee with Mr. Appliance.


Franchise
Why does recruitment play second fiddle to outlet locations, marketing and other considerations rather than being part of the overall strategy of a franchise?
Meeting the challenges of an evolving marketFranchising remains one of the most popular choices when people look at going into business for themselves.The concept of ‘working for yourself but not alone’ still appeals to prospective business owners and, in this sense, little has changed in the world of franchising.



HR
HR leaders on the talent buzzwords of 2016
HR leaders on the talent  buzzwords of 2016 - Economic Times
Digital will rule when it comes to managing talent. Performance accountability will increase with differentiation between the top talent and rest of the employees.


HR
Apple reveals CEO Tim Cook's salary
Apple reveals CEO Tim Cook's  salary - Times of India
Apple Inc chief executive Tim Cook's compensation rose 11.5% to $10.3 million in 2015, a year when the company had a rocky ride due to fears of slowing shipments of its new iPhone models.


HR
Hiring by manufacturing companies like Hinduja, Honda, Hyundai, TVS rises
Hiring by  manufacturing companies like Hinduja, Honda, Hyundai, TVS rises  - Economic Times
Top business school campuses are seeing a revival in hiring by manufacturing companies amid confidence that prospects are set to improve in 2016.


HR
India's postal service seeks to serve as banker to the masses
India's postal service seeks to  serve as banker to the masses - Chicago Tribune
NEW DELHI _ The world's largest post office network is planning to ramp up its financial services across India, triggering a race among commercial banks to set up partnerships to reach remote areas that have been unprofitable.



Logistics
Venkaiah Naidu meets Sonia to push GST in Budget session
Venkaiah Naidu meets Sonia to  push GST in Budget session - The Indian Express
The NDA government sought rapprochement with the principal opposition party as parliamentary affairs minister Venkaiah Naidu met Congress president Sonia Gandhi and former PM Manmohan Singh to get their support for the crucial GST bill.


Logistics
Airlines lure passengers with attractive deals, especially in the holiday package market
Airlines lure passengers with  attractive deals, especially in the holiday package market - Daily News Analysis
Airlines lure passengers with attractive deals - The packages are exceptionally convenient, affordable and ideal getaway options this winter, said Gaurang Shetty, senior vice president – commercial, Jet airways.


Logistics
After years of a Batch Of coaches with 'Aircraft-Like' interiors for Indian Railways emerge
After years of  a Batch Of  coaches with 'Aircraft-Like' interiors for Indian Railways emerge - NDTV
With plush interiors, 'bio-toilets', illuminated signs and even stairs to climb to upper berths, 20 state-of-the-art rail coaches unlike any other will soon be part of the Indian Railways network.



Construction
Luxury home sales drive Vancouver housing market
Luxury home sales drive  Vancouver housing market - ET Realty
Sales volumes on houses, condos and townhomes in the C$1 million to C$2 million range jumped 43.3 percent in 2015, while those in the C$2 million to C..


Construction
Ahmedabad Municipal Corp to focus on smart city projects
Ahmedabad Municipal Corp to  focus on smart city projects - ET Realty
A mammoth Rs 2,000 crore water supply augmentation plan for AMC involving the laying of new water trunk lines from the Narmada canal to water treatmen..


Construction
Hyderabad Metro Rail to be extended till Yadadri shrine: N V S Reddy
Hyderabad Metro Rail to be  extended till Yadadri shrine: N V S Reddy - ET Realty
Reddy, along with Bhongir MP Boora Narsaiah Goud, today visited the district on the instructions of Chief Minister K Chandrashekar Rao to study the fe..



Marketing
QuikrHomes CommonFloor announce their merger … finally
QuikrHomes CommonFloor announce  their merger … finally - News
Online classifieds company Quikr announced that it has merged property portal CommonFloor with its real estate vertical QuikrHomes. MediaNama had confirmed the merger earlier in November and reports then had said that the size of the deal was $200 million. Following the merger, the companies


Marketing
Media Planners Talk About How Digital Media Buying Has Played Out In 2015
Media Planners  Talk About How Digital Media Buying Has Played Out In 2015
In the last few years, the entire mechanics of digital media planning has drastically changed its approach. With digital native consumers on the rise, not only are businesses engaging with them but…


Marketing
17 things which will not change in the advertising industry in 2016 : Report
17 things which  will not change in the advertising industry in 2016 : Report
Since this is the season for crystal-ball gazing, predictions and listicles, herewith my unsolicited, light-hearted take (no offence meant) on things which will not change this year for the ad industry: 1. Agency press release announcing big wins: you know the type which says that the agency has already won zillion trillion crores worth of …


Marketing
MakeMyTrip gets funds from China's Ctrip.com
MakeMyTrip gets funds from  China's Ctrip.com - Livemint
$180 million investment will be done through convertible bonds; Ctrip can own as much as 26.6% in the company



Politics
Chandy to push for CBI probe into RMP leader Chandrasekharan’s murder
Kerala chief minister Oommen Chandy said on Thursday the state government would again write to the Centre seeking a CBI probe into the ‘conspiracy’ behind the murder of RMP leader T P Chandrasekharan.


Politics
Andhra Pradesh govt collects Rs 10 donation from schools to build world class capital: Impetuous idea costs Naidu his credibility
Andhra Pradesh govt collects Rs 10 donation  from schools to build world class capital: Impetuous idea costs Naidu his credibility
The "sunrise state" of Andhra Pradesh, as its Chief Minister N Chandrababu Naidu fondly calls it, in its enthusiasm to showcase the activity of building a world class Capital city, Amaravathi, is leaving no opportunity untapped to raise resources.


Politics
Congress turns combative before TN polls, releases list of alleged scams by Jaya govt
Congress turns combative before TN polls, releases list of  alleged scams by Jaya govt
As political parties get into high gear ahead of polls, the ruling AIADMK is put on the mat with charges of corruption in almost every department


Politics
PDP writes to governor, Mehbooba Mufti may be sworn in as first J K CM today
PDP writes to governor, Mehbooba Mufti may be  sworn in as first J K CM today
Ruling PDP president Mehbooba Mufti is set to be the first woman Chief Minister of Jammu and Kashmir, succeeding her father Mufti Mohammad Sayeed who passed away on Thursday, with party MLAs unanimously electing her as their leader and writing to Governor NN Vohra in this regard.



Sports
Vijender Singh ‘excited’ to fight at The Beatles hometown
Vijender Singh ‘excited’ to fight at The  Beatles hometown
The 30-year-old Vijender Singh, from Haryana, says John, Paul, Ringo and George are his musical icons.


Sports
Chong Wei trumped, Delhi ace Hunters at home
Chong Wei trumped, Delhi ace Hunters at home
With Delhi now leading 3-1, their Malaysian doubles pair of Koo Keat Kien and Tan Boon Heong completed the formalities to record a comprehensive 4-1 win.


Sports
Sachin Tendulkar gifts autographed bat to Pranav Dhanawade
Sachin Tendulkar gifts autographed bat to Pranav  Dhanawade
Master Blaster Sachin Tendulkar gifted an autographed bat to Pranav Dhanawade for his record feat.


Sports
Roger Federer dispels injury doubts to begin 2016 with win at Brisbane International
Roger Federer dispels injury doubts to begin 2016 with win  at Brisbane International
Roger Federer opens 2016 season with a 6-2 6-1 win over unheralded German Tobias Kamke in a lop-sided contest.



Entertainment
CAB says no to Ghulam Ali concert at Eden Gardens
CAB says no to Ghulam Ali concert at Eden Gardens
This follows a proposal from the West Bengal Minorities Development and Finance Corporation (WBMDFC) to hold the event at the iconic cricket stadium.


Entertainment
Amitabh Bachchan first choice to replace Aamir Khan for ‘Incredible India’ campaign
Amitabh Bachchan first choice to replace Aamir Khan for  ‘Incredible India’ campaign
Amitabh Bachchan is the Modi government's first choice as the new face of its 'Incredible India' campaign after Aamir Khan ceased to be its mascot.


Entertainment
Hrithik Roshan, Sonam Kapoor’s ‘Dheere dheere’ song crosses 100-mn-mark on YouTube
Hrithik Roshan, Sonam Kapoor’s ‘Dheere  dheere’ song crosses 100-mn-mark on YouTube
"Dheere Dheere" song featuring actors Hrithik Roshan and Sonam Kapoor, has crossed the 100-million-mark on video-sharing site YouTube.


Entertainment
Bollywood newcomers to watch out for in 2016
Bollywood newcomers to watch out for in 2016
Bollywood newcomers to watch out for in 2016 - 2015 was no great shakes as far as new acting talent is concerned. There is a slew of hopefuls awaiting their turn in 2016. Here’s looking at the faces that may go places in the coming year.




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