March 30, 2016 - 100% FDI in e-commerce marketplaces: Will Flipkart, Snapdeal, Amazon, Paytm have to stop online discounts?

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Invite Friends Blog Sree Vijaykumar From the Editor's Desk Market downturns are the best times for well-run startups. They can work on their core business, without having to worry about getting outpriced by flash-in-the-pan heavily-funded competitors. Bigbasket stuck to its core mission of getting an expanding assortment of groceries to you as quickly as possible and investors now want a bigger piece of that action. The grocery business with its issues of high number of SKUs, stockouts, low shelf life and notoriously low margins is a tough space to operate in. Ola, Flipkart and Paytm, have all shut their grocery adventures. Grofers and Peppertap will struggle to eke out margins from pure delivery. Private label and control on inventory should give Bigbasket an edge. Will it emerge as a stand-out success story in the online grocery space? Time will tell - Comment Digital 100% FDI in e-commerce marketplaces: Will Flipkart, Snapdeal, Amazon, Paytm have to stop online discounts? Online marketplaces can get up to 100% foreign direct investment (FDI) in India, the government said on Tuesday in a new set of guidelines aimed at clearly defining overseas investment rules in the country’s booming e-commerce space. Advt: Looking for a Board Advisor? Leverage the expertise of a premier new-age Board Advisory firm. The Firm’s team has advised clients spread across SMEs, large Indian Conglomerates, Institutional Investors, Fortune 500 Corporations and Government Authorities.   Digital Rs 49,000 crore worth of mobile banking transactions happened in Dec 2015: RBI As per latest data from RBI, the value of mobile banking transactions increased by 46% in December, 2015 to reach Rs 49,029 crore compared to November, 2015. If we compare year on year growth, then in December 2014, only Rs 11,323 crore of mobile banking transactions happened in India. Digital CarDekho hires Fitrrati co-founder Amit Monga foto head auctions business Girnar Software Pvt Ltd, which owns auto portals CarDekho.com and Gaadi.com, has appointed Amit Monga as deputy director for its auctions business. Monga will be responsible for building the CarDekho’s auctions platform and managing a team of 70 members, the company said in a statement. An I Advance to a Proactive I&O Organization in Four Steps Advancing I&O maturity increases the value that I&O delivers. This essential piece of Gartner research shares 4 easy steps to advance your I&O organization. The Responsible Business Summit Asia 2016 - Empowering Suppliers & Engaging Customers 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 Nexus Venture promotes KG Subramanian as MD, Finance and Operations Indo-US based venture capital fund Nexus Venture Partners has elevated KG Subramanian Digital DIPP paper on patents has got electronics sector in a twist Proposal to adopt IEEE policy opposed by patent holders; handset makers back move Digital IDG considering sale of 0.9% stake in Flipkart? Venture Capital firm may be considering secondary sale of 0.9% stake in e-tailer Retail Shocker for biggies in FDI for ecomm: Single seller sales contribution capped at 25%, discounting outlawed, is this the end of the road for WS Retail & Cloudtail? New e-commerce rules that define marketplace model not only affect discounting practices, but also call for widening the seller base Retail This Lucknow-based startup makes your shoes the way you want them Ecommerce startup Purplehide lets customers design their shoes using an online 3D tool with their choice of style, colours, heel type, and heel height. Retail RSS affiliate Swadeshi Jagran Manch slams government on allowing 100% FDI in ecommerce Government permitted 100 per cent FDI under the automatic route for retail trading, or B2C (business-to-consumer) transactions, in marketplace model. Retail Big brands, retailers see end to predatory online pricing with marketplace guidelines Consumer electronics cos were up against online discounting, since almost 70%-75% of online sales in India were generated from mobiles, TV, etc. Telecom 700Mhz Auction: The other side of the spectrum Operators have opposed the auction of the entire available bandwidth, questioning both the quantum of spectrum on offer as well as the proposed reserve price. Telecom Indian telecom tower firms to grow 8%-10% over next two years: Moody's The firm said that India and Indonesia are the most developed in Asia and expected to continue growing - but geographical, operational and regulatory .. 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Finance Banks asked to price 3-year fixed rate loans based on MCLR Introduced by RBI on 17 December, MCLR takes effect from Friday, and the guidelines mandate that banks must price incremental loans using MCLR Finance India is a home market for HSBC: Stuart P. Milne HSBC is looking at more investments in the digital space in India this year, says Stuart P. Milne Software How mobile browser is making a comeback and challenging apps? Companies arent yet ditching the app, but are revisiting their development labs to come out with mobile sites accessed from browsers. 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Ecommerce Government permits 100% FDI in e-commerce market places, but with riders Critically, a clause bars marketplaces from offering discounts on their own — these have to come from the vendors on the platforms. Ecommerce Flipkart sets eye on big appliances, specialised logistic network to bring in customers and brands The category, the third largest for Flipkart, after electronics and apparel includes products like televisions, refrigerators and air conditioners. Ecommerce Flipkart, Amazon will have to downsize WS Retail, Cloudtail WS Retail on Flipkart’s platform and Cloudtail on Amazon’s platform account for substantial shares of the sales on these platforms, with sales likely being above the 25% mark set by the government under the new FDI norms for e-commerce marketplaces.​ Ecommerce Flipkart is Back on UC Browser as Well; Culmination of App-Only Strategy? Flipkart, the blue-eyed boy of Indian eCommerce industry famously pitched for the App-only strategy in September last year where it completely shut down it Franchise Why are unencumbered funds so important in the franchise sector? It’s vital to understand why a franchisee needs unencumbered funds to start a new business. Franchise 4 Ways to check if your future is looking rosy as a franchisee HR 13 Great Jobs for People Who Love to Travel Do you dream of quitting your job and hopping on a plane to see the world? You don't have to leave the workforce — or even drain your bank account — to spend HR Teachers get makeover, 5500 being hired To Be Trained At Prestigious Univs; Vocational Education, Extra-Curricular Activities Get A Fillip HR Young startup leaders lead from the front Leadership experts say leading in startups and leading in large established organisations are two different ballgames. In startups, everyone has high energy and high level of excitement. HR Very cheap, low-range electric cars key for China, India: Nissan CEO Ghosn Carlos Ghosn, who runs automakers Nissan and Renault, is one of the few auto executives who'll regularly take questions from a roomful of more than 100 journalists. At last week's New York Auto Show, many of the questions concerned plans by the Renault Nissan Alliance for more and higher-volume... Logistics Jaitley agrees with Congress proposal to cap GST rate at 18% Finance minister Arun Jaitley said he agrees to the Congress demand that the proposed Goods and Services Tax (GST) rate should not go beyond 18 %, brightening prospects of the passage of the legislation in the second half of the budget session.   Logistics India is worried about China's ambitious One Belt One Road initiative due to their rapidly increasing investments in Pakistan and fast increasing strategic presence in the Indian ocean For New Delhi, OBOR may be a potential economic opportunity but it also threatens India’s interests. 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Sports Wrestlemania Puts WWE In Competition With Major Sports Leagues We are closing in on a sports weekend for the record books in Texas - for an event that has nothing to do with March Madness and the Final Four. WrestleMania 32, taking place April 3 at AT&T Stadium in Dallas, will be the hottest WrestleMania ticket we’ve seen on [...] Sports England vs New Zealand: There’s plenty to learn from Virat Kohli, Joe Root, says Kane Williamson On the eve of the semi-final against England, Kane Williamson wished to emulate the good run of form with the bat by Virat Kohli and Joe Root. Sports India vs West Indies: Not just about Virat Kohli and I, insists Chris Gayle During the practice session, Gayle said West Indies are here for an upset against an India team high on confidence and momentum. Entertainment Playing Dhoni was a ‘challenge’ for Sushant Singh Rajput Sushant Singh Rajput, who will be seen portraying MS Dhoni in his “M.S. 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