February 8, 2016 - Zomato breaks even in India, 5 other countries

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Invite Friends Blog Sree Vijaykumar From the Editor's Desk When Goldman Sachs says it may be forced to examine if capitalism is working, it's time to pay attention. The issue at hand is the relatively high profit margins of the top companies (S&P 500) over the past 25 years. In theory, competition should attract more players and push margins down. However, big companies keep getting bigger through M&A, effectively reducing competition. Another reason is technology, which explains the success of a Google or an Apple. It's difficult to point a finger at these companies, as they keep innovating and investing their profits in technologies that will benefit humankind in the future. However, can the same be said in other industries? - Comment Digital Zomato breaks even in India, 5 other countries China's Baidu could be a lead investor in company's fresh funding round; Zomato aims for operational profit this year   Complimentary Report : Omni-channel marketing-Do you understand the fundamental shifts that have changed the marketing landscape? Marketers that proactively influence the customer experience across channels and use marketing technologies significantly outperform those that do not.   Love news? Get it all at one place! Coming Soon This time it's not personal! Digital FDA protests online sale of drugs, urges citizens to not buy medicines online The Maharashtra Food and Drug Administration (FDA) on Saturday issued an appeal to people to avoid buying medicines from online sites as “there is no guarantee about their quality”. Digital Rocket Internet to shut down carpooling app Tripda German startup factory Rocket Internet is set to shut down its carpooling app Tripda, Tech in Asia has learned from a source.   Digital Kstart: Kalaari Capital's accelerator program aims to empower tech startups Indian Venture Capital firm, Kalaari Capital, has launched its accelerator program to empower early stage startups. Previously, the VC firm … Digital Ratan Tata invests in B2B sourcing platform Moglix “Mr Tata is an inspiration and we are extremely pleased to have an icon of Indian manufacturing as our advisor,” said Rahul Garg, founder and CEO of Moglix. Retail Snapdeal may pick up 10% in on-demand home services platform Zimmber for Rs 50 crore It also comes less than two months after rival ecommerce firm Amazon led a Rs 150-crore funding round in home services startup Housejoy. Retail E-commerce to generate around 2.5 lakh jobs in 2016 in the online retail industry says Assocham E-commerce is likely to generate during 2016 nearly 2.5 lakh jobs in India's online retail, including temporary employees, supply chain, logistics and ancillary units, an apex trade association has said. Retail Digital-first brands to see strong growth in retail: Study "We expect digital-first brands to make significant advances in the unorganised retail segment such as furniture, budget fashion and groceries." Retail First-mover advantage: Pepperfry reaping rewards of being the first online furniture retailer The furniture business is largely unorganized, and logistics make it a complicated and expensive proposition, but it's exactly these challenges that have worked to the advantage of the first movers. Telecom Will Reliance Jio 4G Lead To Negative Revenue Growth For Vodafone India? Vodafone India service revenue growth has been declining for the last six quarters and it is expected it will further decline thanks to Reliance Jio Telecom Free Basics a tariff issue, will take call considering India's best interests, says Prasad Trai has disputed Facebook's claim that over 11 million people used its platform to respond to the consultation paper, and argued that most of the res.. Telecom India to be among nations in upcoming 'technology driven' revolution: Arun Jaitley India to be among nations in upcoming 'technology driven' revolution: Arun Jaitley - Finance Minister Arun Jaitley on Saturday said that India has great strengths to be amongst leading nations in a technology driven forth industrial revolution that is expected to come about. Telecom Private players may reap Rs 1.5 lakh crore revenue bonanza from BharatNet by 2020 Private sector players could be in for a Rs 1.5 lakh crore revenue bonanza by 2020 if the government accepts the telecom regulators proposals. Finance What’s killing bank stocks? For quite a few banks, the money required to make a full provision for NPAs may wipe out a large portion of their equity and reserves Finance Biggest private equity exit? Kohlberg Kravis Roberts Co may drive out of Alliance Tire With the value of the company said to be pegged at $1.5 billion, a deal at that level will mark the biggest PE exit from an Indian company. Finance GDP data to set tone of Union budget Apart from taking cues on trends in economic growth, the government will be watching the nominal GDP data as well as private investment, consumption demands before finalizing budget allocations Finance Banks step up forensic audit of borrowers Accounting firms see a surge in requests to probe companies delaying repayments or suspected of fraud Software Why a slowdown in funding is taking a bite out of India's startups? Investors in India’s tech startups are becoming more discerning and tightfisted—offering less money, demanding larger stakes and expecting a clearer and quicker path to profitability. Software Infosys plans to reward employees with new incentive structure 'iCount' As part of iCount, employees will be offered feedback and subjected to reviews throughout the year rather than just an annual appraisal. Software How Coding automation in IT industry is set to rob jobs? The game is afoot! Be it IBM's Watson or Wipro's Holmes, platforms based on artificial intelli gence are increasingly driving projects in the IT space. Software Cybercrooks target finance department employees in India, US and UK Symantec said the attackers operate with few resources, rely on social engineering rather than exploits, and use two publicly available RATs. Ecommerce How a bunch of entrepreneurs are trying to make video streaming services a successful biz proposition With mobile and broadband internet connectivity proliferating, a raft of content producers and OTT cos are looking to cash in on this new opportunity. Ecommerce India Post proposes to invest Rs 322 crore till 2019-20 to augment parcel handling capacity through which it projects to earn a revenue of Rs 1,608 crore With the current pace of growth in e-commerce segment, India Post would be handling 40 lakh parcels per month in the near future and the capacity need.. Franchise Franchisee Journey: From prosecuting the "worst of the worst" sex offenses and homicides to fitness franchisee Government prosecutor April Porter had seen more than enough horrific sex offenses and homicides. She decided to walk away. Franchise Is franchising still dominated by fast food and automotive outlets? Click to learn how Franchising Has Changed HR Infosys ahead of bell curve, to reward employees with new incentive structure 'iCount' As part of iCount, employees will be offered feedback and subjected to reviews throughout the year rather than just an annual appraisal. HR ABB looks at India to consolidate its back office operations Business Standard, India's leading destination for latest news, analysis and opinion on markets, companies, industry, economy, policy, banking and personal finance. HR Many Millennials Likely to Quit Current Jobs in 2 Years: Survey A significant number of millennials expect to quit their current jobs in the next two years on dissatisfaction over the way their leadership skills are being developed, a survey has found. HR Topping Up Skill India: An App To Help Skilled Youth Find Jobs Skilling India is not enough, employing India is equally important #jobs #mobileapps #skillindia Logistics Advantage India: Dhaka cancels port to be built by China, India eyes another With India’s relations with Bangladesh on an upswing, New Delhi has expressed interest in developing the neighbour’s newest deep sea port, Payra. Logistics Yes Bank, Indian Railways partner to set up 1000 water purifiers at stations across India Yes Bank, Indian Railways partner to set up 1,000 water purifiers at stations across India - The initiative is being rolled out at smaller stations with basic water connection and an average footfall of 1,000 passengers a day, the bank statement said. Logistics Air India plans to take flight from MRO work Air India plans to take flight from MRO work - Currently, due to lack of adequate world-class MRO facilities in India, many airlines, especially the low-cost carriers, have been taking their planes to other nearby countries including Singapore, Dubai or Colombo, because of which India loses millions in foreign exchange. Logistics Water transport workers oppose new Major Port Trust Act, sceptic about the many changes being beneficial The Water Transport Workers Federation of India has raised its concern Construction IRB, GMR seek Sebi nod for first infrastructure investment trust Both have identified assets they want to list under these trusts in the application to the regulator Construction NHAI is looking forward to adequate funding support from Union budget The road ministry has decided that all two-lane highways on which more than 10,000 passenger cars ply every day would be eligible for four-laning Construction Probe into encroachment of govt land in Agra by local builder ordered by Akhilesh Yadav Real estate developer Atul Gupta allegedly illegally occupied 3,200 sq m of government land with the help of officials and also harassed local residen.. Construction DB Realty reports net loss of Rs 32.25 cr in Dec quarter The Mumbai-based developer had posted a net profit of Rs 8 crore in the year-ago period Marketing Search Engine Optimisation In India : Bruce Clay Shares His Expertise On SEO ! Share on FacebookShare on Twitter You have a great product/service, but how will you let the community know about it? That’s where the marketing team comes into play, with the advent of internet, every company had both the need and the opportunity to expand their community. In this competitive process, everyone tried to stay on top, to ... Marketing CRY Rolls Out National Campaign, Joy of Five : Report Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities Marketing 9 Major Updates From Facebook, WhatsApp, Twitter Instagram : Report 1. LinkedIn Reports Solid Q4 Earnings, But Stock Falls On 2016 Guidance: LinkedIn reported a strong fourth quarter of 2015 on Thursday, but its stock tumbled after the company told Wall Street to e… Marketing 10 Global Digital Marketing Campaigns That You Should Read This Week 1. Snapchat Runs Its First App-Install Ad, and It’s for Mobile Game Cookie Jam: Today, a short video ad promoting SGN’s mobile game Cookie Jam is running within iHeartRadio’s Discover channel—the a… Politics Kerala’s con-queen strikes again: Why is Saritha Nair so angry, why is she after Oommen Chandy? Till the Chief Minister convincingly answers such questions, Saritha will regularly toss her bombshells. And each time she does it, CPM’s politburo member and chief-minister-in-waiting Pinarayi Vijayan will smile broadly. Politics Will not form govt with BJP in Kashmir if Modi dispensation doesn’t create conducive atmosphere: Mehbooba Mehbooba Mufti made it clear that she will not form the government with BJP in Kashmir if the Modi dispensation does not create a "conducive atmosphere". Politics Those who lost the election disrupting Parliament to avenge poll defeat: Modi slams Gandhi family Singling out the Sonia Gandhi family, Prime Minister Narendra Modi accused the Congress President and her son Rahul Gandhi of disrupting Parliament. Politics Muslim Personal Law Is Based On Quran, Courts Can't Question It's Validity: Jamiat Ulama-e-Hind The Jamiat Ulama-e-Hind (JUH) has bitterly opposed the Supreme Court's endeavour to examine Muslim personal laws so that biases against women in the legal system can be eliminated. The organisatio Sports IPL insiders shed light on Guptill, Khawaja snubs Raghu Iyer, CEO of the Rising Pune Super Giants, believes IPL franchises did not go for international stars like Usman Khawaja and Martin Guptill because they did not want to upset their team balance Sports A first in Pro Kabaddi League, Amit Rathi red-carded for back kick Just as Rahul Chaudhari let go of Amit Rathi in what he deemed was a lost cause, he received a swift kick to the face from the raider. Sports IPL Auction 2016: Who they went chasing While Pune Supergiants and Gujarat Lions were building from scratch, six other franchises only needed touch ups to their existing squads. Sports Ramos: Modric is the backbone of Madrid Real Madrid's Sergio Ramos has heaped praise on team-mate Luka Modric after the Croatia international scored the winning goal against Granada. Entertainment Manoj Bajpayee’s ‘Tandav’ receives appreciation from Bollywood Manoj Bajpayee, whose short film “Tandav” premiered on Saturday (February 6), is receiving much appreciation from Bollywood celebrities with some calling it electrifying while many others lauding the actor's talent. Entertainment ‘Baahubali: The Conclusion’ is going on track: S.S. Rajamouli Filmmaker S.S. Rajamouli has clarified that the shoot of the second part of "Baahubali" franchise is going on as planned. Entertainment Would love to star in Indian ‘Breaking Bad’: Rajkummar Rao Rajkummar Rao says if "Breaking Bad" is ever made in India, he would love to play the character of Jesse Pinkman. Entertainment Singer-songwriter Dan Hicks dies at 74 Dan Hicks passed away after a two-year long battle with throat and liver cancer. He was 74. 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