Thursday, March 10, 2016

March 10, 2016 - Housing co-founder Advitiya Sharma quits to start new venture

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
So, when you blamed your manager for not appreciating your 'out of the box' idea, turns out you might have been right. According to research by Justin Berg of Stanford, the best judges of creative ideas are neither managers nor the idea creators themselves, but peers of the creator who have spent time creating their own ideas, but not the idea in question. Instead of allowing only managers to evaluate and select ideas, companies should ask creators to weigh in on the idea, maybe by letting them vote on their peers' ideas. Also, managers with creator duties would be best suited when it comes to creative forecasting and staying open-minded to new ideas - Comment


Digital
Housing co-founder Advitiya Sharma quits to start new venture
Housing co-founder Advitiya  Sharma quits to start new venture - News
The Mumbai-based company has revamped its core management team and increased focus on revenue-generation and building an advertisement business.


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Digital
Amazon India to follow Flipkart, plans to launch own digital wallet
Amazon.com is considering launching a digital wallet in India. This may signal a broader plan to build an online payment business to could rival Apple Pay.


Digital
Indiamart raises Series C funding from Amadeus Capital, others for business expansion
Indiamart raises Series C  funding from Amadeus Capital, others for business expansion
Indiamart said it will use the money to strengthen its leadership position in the online business-to-business retail segment by scaling up Indiamart.com and its subsidiary Tolexo.com.


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Gartner analysts share their top predictions for 2016 and beyond. As the digital wave advances, Gartner analysts discuss the future of I&O and its implications for end-user organizations and solution providers. Use Gartner Predicts as planning assumptions on which to base your strategic plans.

 


The Responsible Business Summit Asia 2016 - Empowering Suppliers & Engaging Customers
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Leverage value chain opportunities and minimise supplier risks to ensure business longevity. The Responsible Business Summit Asia 2016 will bring together leading supply chain, procurement and sustainability professionals to discuss and understand why value chain sustainability is vital for commercial growth.

Digital
VR startup SmartVizX raises $500,000 from Indian Angel Network, others
VR startup  SmartVizX raises $500,000 from Indian Angel Network, others
IT start-up firm SmartVizX, which deals in virtual reality solutions, today said that it has raised about Rs 3.5 crore.


Digital
Quikr's expansion plans: To offer platform for price negotiations, payment, pickup and delivery
Quikr's expansion plans: To  offer platform for price negotiations, payment, pickup and delivery
Classifieds portal Quikr said it would expand from listings and offer an end-to-end platform facilitating price negotiations, payment, pickup and delivery.


Digital
Paytm bets big on furniture, ties-up with large appliances and furniture brands
Paytm bets big  on furniture, ties-up with large appliances and furniture brands
Though furniture and large appliances were new categories launched by marketplaces Snapdeal and Flipkart in 2015, fulfillment through offline partners continues to be in a pilot stage.


Retail
New-age app-based marketers are playing by the oldest marketing rules
Funding can solve 99 problems for a consumer-tech company. This country’s fragmented market isn’t one of them.

Retail
Maggi samples found 'sub-standard' in UP, Nestle disagrees
Maggi samples found 'sub-standard' in UP, Nestle disagrees  - Firstpost
District authorities of Barabanki in UP have found fresh samples of instant noodles Maggi "sub-standard", a claim rejected by its manufacturer Nestle India.

Retail
Polish make-up brand Inglot eyes 100 stores in India by 2020
Polish make-up brand Inglot  eyes 100 stores in India by 2020 - Business Standard
The brand plans to open around two stores every month to achieve the target

Retail
The Rise of Online Shopping For Luxury Brands in India
The Rise of Online Shopping For  Luxury Brands in India - The Indian Express
An ASSOCHAM study proposes that the online luxury stores will see an influx of 35 billion dollars in 2016 and by 2020


Telecom
TRAI extends date for call drop compensation report: Source
TRAI extends date for call drop  compensation report: Source - Times of India
Mobile phone companies had on March 3 moved the Supreme Court challenging the Delhi High Court ruling that had upheld TRAIs call drop compensation regulation


Telecom
India's 'mobile data traffic grew by 50 percent in 2015,' says Nokia
India's  'mobile data traffic grew by 50 percent in 2015,' says Nokia - International Business Times, India Edition
With more and more people now using high-end devices, the average 3G data consumption per user in the country has soared to 753MB, even as the booming 4G handset market is expected to further boost data traffic in 2016, says a Nokia MBiT study.


Telecom
Idea Cellular launches 4G LTE services in Northeast India
Idea Cellular launches 4G LTE  services in Northeast India - BGR India
Idea Cellular launches 4G LTE service in North East - P Lakshminarayana, Chief Operating Officer-Corporate, Idea Cellular, said since the last week of December 2015, Idea has rapidly rolled out its high speed 4 G LTE network to cover nine major markets in India.


Telecom
Bharti Airtel announces enhanced maternity benefits for women employees
Bharti Airtel  announces enhanced maternity benefits for women employees - Economic Times
Bharti Airtel, Indias largest telecommunications services provider announced on Wednesday that it is increasing maternity leave for its women employees from 12 weeks to 22 weeks.



Finance
Narendra Modi seeks political consenus for GST law
Narendra Modi seeks political  consenus for GST law - Livemint
Prime minister tells members of the upper house that the next round of economic reforms is awaiting their consent


Finance
EPF tax may return in new packaging
EPF tax may return in new  packaging - Livemint
Government looks for ways to mitigate backlash, may apply levy on people earning above a certain base


Finance
Tech to help co-op banks stay ahead
Tech to help co-op banks stay  ahead - Times of India - Times of India
This automation project will enable the banks to leverage the power of Private Cloud infrastructure.


Finance
No end in sight for Jaypee Group’s debt woes
No end in sight for Jaypee  Group’s debt woes - Livemint
Delay in servicing of debt obligations likely to go on as deal to sell cement assets could take a year to close




Software
How will the recommendations of UK migration committee have adverse impact on Indian IT cos?
How will the recommendations of  UK migration committee have adverse impact on Indian IT cos? - Economic Times
The recommendations of Migration Advisory Committee (MAC), if accepted by the UK government, will have adverse impact on the competitiveness .


Software
PE firms Blackstone, Apollo in race for a billion dollar buyout of Mphasis
PE firms  Blackstone, Apollo in race for a billion dollar buyout of Mphasis
Private equity buyout firms Blackstone and Apollo Global Management have emerged as strong contenders to acquire IT services company Mphasis.


Software
Facebook cuts off India startup Houzify after US rival's protest
Facebook cuts  off India startup Houzify after US rival's protest - Livemint
Facebook Inc, which recently lost a controversial bid for 'Free Basics' in India, has landed in another spat after it took down the page of Bangalore-based Houzify.


Software
Uber to invest Rs 120 crore in technology based ride-sharing services in Haryana
Uber to invest  Rs 120 crore in technology based ride-sharing services in Haryana
Taxi-hailing app Uber today signed a pact with the Haryana government, wherein it will invest Rs 120 crore in technology based ride-sharing services.



Ecommerce
JustRide raises $400,000 from a group of angel investors; in advanced talks with an Indian FMCG company to raise $2 million in Series A round
JustRide is in advanced talks with an Indian FMCG company to raise $2 million in Series A round

Ecommerce
India startup Houzify cut off from Facebook after a copyright dispute between the interior design sites burst into the open
A copyright dispute between the interior design sites burst into the open after Houzify said Facebook had wiped its presence without warning

Ecommerce
Amazon Tatkal enables SMBs in Kanpur to sell on Amazon.in within 60 minutes
Amazon Tatkal is a specially designed studio-on-wheels offering a suite of launch services including registration, imaging and cataloguing services, a..

Ecommerce
Online classified company Quikr launches Quikr Doorstep to revolutionise consumer-to-consumer buying and selling in India
Online classified company Quikr  launches Quikr Doorstep to revolutionise consumer-to-consumer buying and selling in India - Indiainfoline
Online classifieds firm, Quikr has announced the launch of Quikr Doorstep which will revolutionize consumer-to-consumer buying and selling in India


Franchise

Franchise
What should you look out for when scouting for a fast-food drive-through location?
What should you look out for  when scouting for a fast-food drive-through location? - Franchise Business
When you buy a fast food drive through franchise you need to be sure the location is just right. So what should you be looking for?


Franchise
Is it right to invest in a franchise with your bestie?
Is it right to invest in a  franchise with your bestie? - Franchise Business
Your best mate is your confidante, partner in crime, and go-to in a crisis. But should you buy a franchise with them?



HR
Consulting firms like EY, Deloitte, Cognizant flocking to IIMs to hire
Consulting  firms like EY, Deloitte, Cognizant flocking to IIMs to hire - Economic Times
Cognizant, which topped ETs Top Recruiters at B-School study for over three years now, said it stepped up hiring this year.


HR
IIT-B partners with Tata Motors on various engineering education ...
Bombay and Tata Motors have signed a Memorandum of Understanding to create a technological partnership in areas of mutual benefit and interest. Series of interventions have been identified to cater to a future-ready organization.

 


HR
Telecom companies take steps to bridge gender gap
Telecom companies take steps to  bridge gender gap - Economic Times
Bharti Airtel and the Indian arms of Vodafone and Telenor are pulling out all stops during International Womens Week to boost gender diversity.


HR
PM's advisor predicts 7.3% growth next year
India will shine amidst poor global economic weather with a growth rate of 7.3% next year. Inflation will also fall due to easing from the government.



Logistics
Parliament approves National Waterways Bill to develop 111 rivers as transport routes
Parliament approves National  Waterways Bill to develop 111 rivers as transport routes - Daily News Analysis
Parliament approves National Waterways Bill to develop 111 rivers as transport routes - Gadkari said the irony was that road transport, which is polluting and causes 5 lakh accidents per annum killing 1.5 lakh people, has been allocated Rs 55,000 crore whereas the environment-friendly shipping got a mere Rs 800 crore allocation in the budget.


Logistics
Embassy Industrial Parks signs 1910 Crore MoU with Govt. of Haryana
Embassy Industrial Parks signs  1910 Crore MoU with Govt. of Haryana - Business Standard
Embassy Industrial Parks a joint venture between Embassy Group, one of the leading property developer and Warburg Pincus signed an MoU with the Government of Haryana at the Haryana Global Investors Summit 2016, for the development of three


Logistics
SFIO quizzed Mallya, Gopinath on Kingfisher Airlines funding
SFIO quizzed Mallya, Gopinath  on Kingfisher Airlines funding - Times of India
Questioning his silence over non-payment of salaries to hundreds of employees of the now-defunct Kingfisher Airlines, a group of former women staffers has accused Vijay Mallya of misleading the government and employees over a revival plan.


Logistics
Bird Hit Forces Emergency Landing of Mumbai bound Air India flight 634 at Bhopal airport
Bird Hit Forces Emergency  Landing of Mumbai bound Air India flight 634 at Bhopal airport - NDTV
Air India flight made emergency landing after a technical glitch.



Construction
Is there more to India’s urbanization beyond Delhi and Mumbai?
Is there more  to India’s urbanization beyond Delhi and Mumbai? - Livemint
With close to 25 million people living in Mumbai and Delhi combined, India’s urbanization has clearly been lop-sided


Construction
What developers are planning in affordable housing this year
What developers  are planning in affordable housing this year - Livemint
Real estate firms across the country planning to launch projects in this category


Construction
Cement prices rise again in Northern India after staying down for long
Cement prices  rise again in Northern India after staying down for long - Livemint
Cement prices in northern India have reversed after staying down for long. This does not appear to be an isolated instance but is not yet a widespread trend



Marketing
4 global consumer trends shaking up food, beverage marketing : Report
4 global consumer trends  shaking up food, beverage marketing : Report - Food Dive
Manufacturers can derive new marketing plans from trends outlined in a recent Euromonitor report, from gender blurring and green food to mental wellbeing and overconnectedness.


Marketing
ASCI calls out Snapdeal, OLX, Uber others for false advertising : Report
ASCI calls out  Snapdeal, OLX, Uber others for false advertising : Report - Medianama
The Advertising Standards Council of India’s (ASCI) Consumer Complaints Council (CCC) has upheld complaints (pdf) against 42 out of 79 advertisements brought to it in December 2015. These adverts belonged to various categories: 8 in personal and healthcare, 9 in education, 3 in telecom and broad


Marketing
Isobar Walks Away with Aircel's Digital Duties : Exclusive
Aircel, one of the leading players in the telecom industry, has awarded its digital duties to Isobar India. AdAge India had previously reported that Cheil India and Isobar were the front-runners for the account. Sources within the industry have confirmed on Isobar walking away with the business.

 


Marketing
OYO Rooms ties up with PayPal for i’national transactions : Report
OYO Rooms ties  up with PayPal for i’national transactions : Report - Medianama
Branded budget hotel rooms aggregator OYO Rooms has partnered with PayPal to enable payments from international customers on its platform, reports NextBigWhat. The tie-up will also help Indian customers make booking in OYO’s global location such as Malaysia. Adding an international playment g



Politics
Making Mallya Pay Up Is Important--It Will Set A Precedent For Many Others
Making Mallya Pay Up Is Important--It Will Set A Precedent  For Many Others
A WhatsApp forward I received today morning went something like this: “Mallya ka intezar to 17 bank kar rahe hain…Mallya ko pakadna mushkil hi nahi namumkin bhi hai.” The forward wa


Politics
Opus Dei Is Behind Opposition To Sri Sri's Art Of Living Event, Says Subramanian Swamy
Opus Dei Is Behind Opposition To Sri Sri's Art Of Living  Event, Says Subramanian Swamy
NEW DELHI -- It's not environmental concerns or the love for the Yamuna or concerns about the misuse of the country's armed forces for a private event. Bharatiya Janata Party leader Subramanian Sw


Politics
Sri Sri Ravi Shankar's Yamuna Event: Don't Test Our Patience, Green Panel Tells Centre
Sri Sri Ravi Shankar's Yamuna Event: Don't Test Our  Patience, Green Panel Tells Centre
The National Green Tribunal on Wednesday pulled up the Ministry of Environment & Forests for not filing an affidavit as asked by it regarding environment clearances for Sri Sri Ravi Shankar's Worl


Politics
After 15 Years Of Struggle, Hindustan Unilever Is Compensating Kodaikanal's Afflicted Workers
After 15 Years Of Struggle, Hindustan Unilever Is Compensating  Kodaikanal's Afflicted Workers
Hindustan Lever Limited has finally put an end to the fifteen-year debacle in Kodaikanal by agreeing to a settlement with its mercury-poisoning afflicted ex-employees. Rapper Sofia Ashraf released



Sports
ICC World T20: India likely to be pitch perfect on spin-friendly home tracks
ICC World T20: India likely to be pitch perfect on spin-friendly  home tracks
India will probably benefit the most because Ravichandran Ashwin is in the form of his life, and with Jadeja, they can bank eight overs.


Sports
Timeline of the key events in the India-Pakistan impasse
Timeline of the key events in the India-Pakistan impasse
The India-Pakistan World T20 match on March 19 has been moved from Dharamsala to Kolkata. ESPNcricinfo takes you through the series of events that made the ICC take this decision


Sports
Steffi Graf tips Serena Williams to break her Grand Slams record ‘soon’
Steffi Graf tips Serena Williams to break her Grand Slams  record ‘soon’
Serena has won 21 Grand Slam titles and was halted in her bid to tie the long-standing mark at the Australian Open. Graf has 22 titles.


Sports
ICC World T20: Kolkata to host India-Pakistan match instead of Dharamsala on March 19
ICC World T20: Kolkata to host India-Pakistan match instead  of Dharamsala on March 19
The India-Pakistan match scheduled to be held in Dharamsala on March 19 has been shifted to Kolkata after security concerns.



Entertainment
‘Assassin’s Creed’ movie sequel already in works
‘Assassin’s Creed’ movie sequel already  in works
Sequel to Michael Fassbender-starrer "Assassin's Creed" is already in works.


Entertainment
Star Wars:The Force Awakens leads MTV Movie Awards nominations
Star Wars:The Force Awakens leads MTV Movie  Awards nominations
"Star Wars: The Force Awakens" has received the most nominations at this year's MTV Movie Awards, after being selected in a total of 11 categories.


Entertainment
There is sense of pressure, says Asha Bhosle’s granddaughter Zanai Bhosle
There is sense of pressure, says Asha Bhosle’s  granddaughter Zanai Bhosle
Legendary singer Asha Bhosle's granddaughter Zanai says she feels a sense of pressure given the illustrious family of great singers she comes from.


Entertainment
Mark Wahlberg to produce Caron Butler basketball biopic
Mark Wahlberg to produce Caron Butler basketball biopic
Actor Mark Wahlberg is teaming with US basketball player Caron Butler to develop a movie about his life.






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