March 2, 2016 - CFO Rajiv Bansal preparing cab aggregator Ola for an IPO

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Invite Friends Blog Sree Vijaykumar From the Editor's Desk Why do some teams perform better than others? This is a question that all of us have been bothered with at some point. Google decided this was important enough a topic to commission an in-depth study on. Pulitzer-winner Charles Duhigg (also the author of the fabulous 'The Power of Habbit') digs deeper in this extract from his new book. The study concluded that what mattered the most was not the individual skill levels of the team members, or the personality types or backgrounds; what mattered most was how 'psychologically secure' the team members felt. If team members felt respected and not judged, the entire team performed better. It didn't matter if members were extroverts or introverts or if the discussions were formal or informal. Equality of 'conversation turn-taking' mattered, which again was a reflection of how secure each team member felt in the group. Now that's some food for thought - Comment Digital CFO Rajiv Bansal preparing cab aggregator Ola for an IPO CFO Rajiv Bansal termed initiatives like Ola Cafe and Ola Store as “experiments”, while the cab aggregation and wallet business will be critical. Digital Komli Media renews digital advertising partnership with Twitter India Agreement signed till March 2017 Digital Nandan Nilekani invests in robotics firm Systemantics The latest investment in Systemantics will mark at least the seventh venture that has been backed by Nilekani, who has actively invested in early-stage startups. Advt:The Rise of Multi-Talented Freelancers A freelancer in 2016 must wear many hats. A freelance marketer for example, should have impeccable writing, PR experience, social media proficiency, and preferably some SEO skills Digital Not just Flipkart and Ola, Bangalore is home to other richest startups too Digital Mobile wallet aggregator MoMark raises Rs 4 crore from YourNest Angel Fund MoMark facilitates loyalty and analytics-led engagement programs for small and medium-sized retailers while enabling merchant discovery for customers. Digital AI startup Skedool.it raises seed funding from Kludein, redBus founder Phani Sama, and others Skedool.it uses natural language processing supervised by humans to enable customers to communicate with the service via email. Retail Ola Store to Shut Down in Less Than a Month: Source Ola is likely to shut down its grocery delivery service in a month, sources told Gadgets 360, citing lack of synergy with its overall business. Retail Consumer: window shopping, anybody? There is a marginal relief for small taxpayers, apart from an increase in outgo for high-income earners, but it does little to boost discretionary consumption spending Retail No expected announcements for retail industry: Govind Shrikhande, MD, Shoppers Stop We were eagerly hoping to hear about the passage of the stalled GST bill as well as measures toward levelling the playing field for e-tailers and bric.. Retail Demand of branded garments could be hit, say retailers Finance Minister Arun Jaitley had proposed change in excise duty on branded readymade garments Telecom Govt expects Rs 55k cr from telecom spectrum bid The government has budgeted Rs 55,000 crore for telecom spectrum auction in 2016-17, while the total revenue from communication services has been pegged at Rs 98,995 crore.About Rs 22,000 crore would come from license and spectrum fees levied by the Telecom Military tanks and mobile phone crisis in 2.0 Shankar is someone who is known for his lavish, huge sets and props. Telecom India's Tata 'committed to Neotel' Telecom Govt walks the big talk on Make in India The government has given a big push to the Make in India campaign, the centrepiece of its plan to create jobs through domestic manufacturing, with a r.. Finance Why India needs a female boardroom revolution BSE 100 companies with women on their boards experienced double the level of return on working capital Finance We are pro-poor and pro-market, says Jayant Sinha MoS finance says this strategy has led to a ‘happy outcome’ of the govt spending on productive sectors and off-budgetary resources financing profitable investments Finance Rupee posts biggest single-day gain in 6 months The rupee strengthened against the dollar as a big jump in domestic share indices stoked hopes that foreign investors will return to Indian equity and bond markets Finance Infrastructure sector gets a tax relief despite losing major sops The benefit, called investment-linked deduction, helps companies defer tax payments to future years Software Wipro follows the footsteps of Infosys, TCS : Ditches 'bell curve' appraisal and gives way to more frequent feedback under new system The trigger for this exercise was clear. Employees, mid-level executives and top managers needed to be more accountable for the companys performance. Software Indian startup ecosystem is welcoming back technology talent to home ground Entrepreneurs and technology workers with roots in India are returning home in increasing numbers, lured by a flood of venture-capital funding and lower costs than in many other markets. Software Cognizant still bullish on BFSI for the long-run inspite of tough year The company, which competes with Indian IT firms like Tata Consultancy Services and Infosys, said it expects this year to be a "little tough". Software HR software maker Workday's revenue forecast misses estimates and pushes industry-wide worry of weak demand Workday forecast revenue of $337-339 million for the first quarter ending April, while analysts on average were expecting revenue of $343.1 million. Ecommerce Ola may shut down grocery, food delivery services; slows expansion plans and struggles to build customer demand for the business units The taxi-hailing firm slows expansion plans and struggles to build customer demand for the business units. Ecommerce BigBasket set to launch its marketplace business, to deliver orders placed with hyperlocal speciality stores in less than an hour The marketplace will offer popular neighbourhood delights from bakeries, flower shops, meat speciality stores and pet outlets in less than an hour. Ecommerce Flipkart founders put India third on global list of billionaires; only Indians in Hurun's Forty and Under Self-Made Billionaires list for 2016 Flipkart co-founders, Sachin Bansal and Binny Bansal, were the only Indians in Hurun's Forty and Under Self-Made Billionaires list for 2016. Ecommerce Mahindra KUV 100 sells like hot cakes on Flipkart; Mahindra records over 21000 bookings within a month of the Flipkart launch Flipkart claims Mahindra & Mahindra have received an awesome response after it launched the new KUV100 on Flipkart last month. The Indian SUV manufacturer Franchise Franchisee Journey: From U.S. military veteran to printing franchisee Greg Kingsbury of Arizona is thriving as a franchisee with Better Deal Printing, a company uniquely positioned to give back to the veteran community. Franchise How to be truly effective in gaining support for your ideas and implementation strategies with franchisees The New Year is a perfect time for setting intentions and creating the building blocks for a successful year ahead. As a franchisor, prosperity is a wonderful vision to have. But what does it mean if you are the only person on the journey? Effective communication and supportive relationships with your franchisees are the keys to unlocking this positive vision. To bring a system safely to destination success you need to include your colleagues and engage them in collaborative practices. HR Here's how robots will change employment in London forever PacificRimTo save yourself from robots, get a skilled job.Deloitte LLP has added to Londoners' fears that robots are coming for their jobs.The accountancy HR TEMECULA: Abbott outsourcing some IT jobs to India TEMECULA: Abbott outsourcing some IT jobs to India | abbott, workers, durbin, labs, company, temecula, jobs, information, letter, outsourcing HR Job market to spurt on startup India Companies Act will have a cascading effect with youngsters becoming job creators rather than job seekers. Logistics Indian Railways gives nod for high speed Spanish Talgo train trial on 2 routes including Delhi Mumbai section, they run on speeds between 160 and 200 kmph - Financial Express Indian Railway has given permission for the trial run of high speed Talgo trains on two routes, including Delhi-Mumbai section.   Logistics Kannur airport welcomes first flight, an a 15 seater Dornier 228 aircraft of the IAF The first plane to land on the upcoming Kannur airport touched down on Monday morning. Logistics After Vistara, Air India, Jet Airways to start operations from Terminal-2 of CSIA from March 15 After Vistara, Air India, Jet Airways to start operations from Terminal-2 of CSIA from March 15 - Jet Airways operates over 135 domestic and international flights daily out of Mumbai. Logistics Ashoka Buildcon, IRB Infra among top picks on govt’s boost for roads Shares of companies in the road sector are among the top bets of investors as higher fund allocation to the segment in the Budget could drive up revenues. Construction REIT listing plans are on for DLF Country’s largest real estate firm by market capitalisation is gearing up to launch REITs worth up Rs6,000 crore in two tranches over the next two years Construction Rajesh Prajapati, MD, Prajapati Constructions Says Housing Industry is finally being recognised It is probably the first time that affordable housing has been defined in terms of size and not the value of flat Construction Property cards in Nashik to go online soon This would further cut down the need for property card holders to visit the land records office to get their name on the property after registration w.. Marketing Equalisation Levy on Online Advertising : Union Budget 2016 by Pallav Narang, Arkay & Arkay (Chartered Accountants) Online advertising spends in India have risen on account of greater digital penetration and increased use of the web as a credible advertising medium. The biggest beneficiaries of the increase in this expenditure have been online adv Marketing DiCaprio’s Oscar Win Sets New Twitter Record : Dan Frommer Is Re/code’s Editor in Chief Deloitte Acquires Acclaimed San Francisco Creative Shop Heat: Management advisory giant Deloitte today snapped up 112-person San Francisco shop Heat, a creatively driven firm honored as Adweek̵… Marketing The reactions to Facebook's 'Reactions' : Report Campaign reports on an emerging media and has grown to be the authoritative voice of the media, marketing and advertising community in the Asia Pacific region Politics Woman Journalist Called A Prostitute, Received 2000 Threat Calls After TV Debate On Mahishasura A Malayalam television news anchor is facing a barrage of threatening calls and abuses, and being systematically targeted on social platforms after she hosted a show to discuss whether worshipping the Politics Donald Trump 'Misquotes' Mahatma Gandhi, Suffers Social Media Wrath WASHINGTON -- Republican presidential front runner Donald Trump today posted a quote on Instagram attributing it to Mahatma Gandhi, but the American media said there is no evidence that the Indian lea Politics Why Budget Did Not Raise Income Tax Ceiling Despite Jaitley's Past Advocacy The minister of finance, Arun Jaitley, did not make any changes in the tax slabs in the budget for 2016-2017 which was presented yesterday. The basic exemption limit continued to be at Rs 2.5 lakh Politics Delhi Police Files Chargesheet Against RK Pachauri In TERI Sexual Harassment Case NEW DELHI -- Delhi Police has finally filed its chargesheet against RK Pachauri in a sexual harassment complaint lodged over a year ago by his 29-year-old female colleague. The research assistant at T Sports The World's Richest Sports Team Owners 2016 There are 63 billionaires who own a franchise in a major sports league around the world. These men and four women own 81 teams across 12 sports leagues and are worth $285 billion collectively. Sports ‘Balanced’ India are hot favourites for upcoming World Twenty20: Virender Sehwag Virender Sehwag picked comeback pacer Nehra for special praise, saying that he has been giving much needed early breakthroughs to the team. Sports Anand Chulani to be peak performance coach for Kings XI Punjab Anand Chulani has been associated with different business, sports and entertainment organisations and has worked with players like Yuvraj. Sports Asia Cup: From across Bay of Bengal, Islanders bring in a sea of change Bangladesh coach Chandika Hathurusingha has united a fractured dressing room. Entertainment Would love to direct Hollywood film based in India: Prakash Jha Prakash Jha says he is open to directing a Hollywood film rooted in India. Entertainment Kapil Sharma and team is back with The Kapil Sharma Show Kapil Sharma will be back on your TV screens this time on Sony Channel at 9 PM from April 23, 2016. Entertainment Debate on diversity polarised: Alejandro G Inarritu Alejandro Inarritu feels people do not understand the complexity of the diversity issue and have "polarised and politicised" it. Entertainment Sam Smith calls Oscar performance ‘worst moment’ of his life Sam Smith says performing at Oscars was the "worst moment" of his life. TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India