Tuesday, April 26, 2016

April 26, 2016 -

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
If you thought engineers and doctors were still the hottest jobs in town, have you considered panel beaters (those who repair damaged car bodies) who earn Rs 37,500 per month, or Spanish tour consultants (Rs 32,200 per month). Apparently, one can get paid Rs 9,100 per month for milking cows. Demand-supply variations have created interesting job opportunities in the new India. Also in demand are digital marketing heads (Rs 3,75,000 a month, as per Teamlease) - Comment


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Announcing the Bengaluru edition of Techcircle Startup 2016; registrations open now

The Bengaluru edition of Techcircle Startup will provide a comprehensive insight on the startup ecosystem in and around Bengaluru bringing together cutting-edge and disruptive early-stage startups, current and potential investors, angels, seed funds, incubators, accelerators & mentors, along with many of India’s most active VC/PE funds.

Retail
Not chasing GMV, will aim to add and retain high-quality users: Snapdeal CEO Kunal Bahl
Not chasing GMV, will aim to  add and retain high-quality users: Snapdeal CEO Kunal Bahl - Economic Times
There has been a marked slowdown in GMV as companies cut down on discounts to build healthier margins and stronger balance sheets.

Retail
E-commerce faces tax, logistics hurdles, says CII-Deloitte report
E-commerce faces tax, logistics  hurdles, says CII-Deloitte report - Hindu Business Line
Implementation of GST will help resolve various issues concerning taxation and logistics with regard to e-commerce business, which has been recording rapid growth in the country, says a study.

Retail

Retail
Label 'tobacco' as food item to ban it, suggests Delhi government to Centre
AAP government had issued a notification banning chewable tobacco but some manufacturing companies filed a writ petition in the Delhi High Court.


Telecom
DoT amends Unified Access Service to pave way for VoIP interconnection
DoT amends  Unified Access Service to pave way for VoIP interconnection - MediaNama.com
The Department of Telecommunication (DoT) has amended the Unified Access Service (UAS) license agreement (pdf) paving way for VoIP and VoLTE (IP based connections) interconnection in India. The new license amendment is aimed at facilitating VoIP & VoLTE users to make and receive calls to and


Telecom
Slow 4G uptake may hurt Airtel, Idea's revenue
Bharti Airtel, Idea Cellular and Reliance Communications are seen reporting flattish voice revenue and sluggish data volumes growth in the January-March period, stung by slow uptake of 4G amid mounting interest and amortisation costs linked to past spectrum purchases, but analysts said rising call volumes could bring ..

 


Telecom
Bharti Airtel calls TRAI’s bluff over net neutrality with intranet query

As expected, telecom companies have rightly sought to exploit a loophole left open by the regulator and the government when they issued the famous ‘net neutrality’ guidelines earlier in the year. The TRAI and the government had, in February, banned any discriminatory charging for digital content flowing over their networks, and said that all bits should …

 


Telecom
RJio's 4G Hold-Ups May Benefit Incumbents
RJio's 4G Hold-Ups May  Benefit Incumbents - Light Reading
Under its Reliance 4G upgrade offer, PayTM is offering Intex Aqua Super 16 GB phone for just Rs 5,909 under a cash back scheme along with a free 4G SIM from Reliance Communications. The Intex phone is currently selling on Snapdeal for Rs 7,500 and on Amazon for Rs 8,300 and was launched late last year …



Finance
Will retail loans save public sector banks?
Will retail loans save public  sector banks? - Economic Times
“After a long time, we see an improvement in the market share of public banks after consistently losing it since FY2012,” Kotak Institutional Equities said in a report.


Finance
Rajan makes case for easier start-up norms
Rajan makes case for easier  start-up norms - Livemint
Raghuram Rajan said start-ups are key to creating fresh jobs in the economy, adding that they need to grow into bigger businesses to keep creating employment


Finance
On algorithmic trading, Sebi should talk less and do more
On algorithmic trading, Sebi  should talk less and do more - Livemint
Sebi’s technical advisory committee has found evidence that the National Stock Exchange of India Ltd violated norms of fair access while providing co-location, which gave some brokers an advantage


Finance
Dejargoned: Carbon pricing
Dejargoned: Carbon pricing -  Livemint
There is an environmental and health cost attached to higher carbon emissions




Software
Infosys, Wipro open to paying large upfront payments for mega deals to get assured revenue
Infosys, Wipro open to paying  large upfront payments for mega deals to get assured revenue - Economic Times
Infosys had bagged the contract to upgrade the ministry’s website two years back on build-own-operate-transfer.


Software
After making billions in outsourcing, India's IT honchos are now investing in new age tech startups
India’s IT honchos made their billions from the IT services and outsourcing boom of the nineties and naughties. Now they’re investing in the new generation of entrepreneurs. The latest is a new fund for early stage startups called Ideaspring.

 


Software

Software
How is India's IT sector becoming the back office of the global village?
How is  India's IT sector becoming the back office of the global village? - Livemint
The ITeS industry can be credited with leading India’s transformation from an agrarian to a services economy, repositioning the country as a knowledge hub and boosting economic growth



Ecommerce
Inside Flipkart's reversal of fortunes: Flipkart in the middle of a crisis of its own making, but its not too late to change its strategy
Flipkart is in the middle of a crisis of its own making, but it’s not too late to change its strategy

Ecommerce
Snapdeal plans to make it mandatory for logistics partners to integrate with its technology platform
Snapdeal is building a plug-and-play online platform to facilitate integration and cut down dependence on manual procedures.

Ecommerce
Raghuram Rajan warns against deep discount model in startup space
Raghuram Rajan  warns against deep discount model in startup space - Economic Times
He was quick to acknowledge that many businesses are in different stages of their life-cycle with some trying to establish the viability.

Ecommerce
EDs raids on Sequoia Capital spook Indias star venture capitalists in connection with its investigations into the eyecare chain, Vasan Healthcare
EDs raids on Sequoia Capital  spook Indias star venture capitalists in connection with its investigations into the eyecare chain, Vasan Healthcare - Economic Times
The systemic surprise and shock came from the fact that Sequoia had been cooperating with the Enforcement Directorate in the Vasan investigation.


Franchise
Franchisor Zone: How to attract franchisees and boost your credibility with smart marketing initiatives
Franchisor Zone: How to attract  franchisees and boost your credibility with smart marketing initiatives - Entrepreneur
You want more franchisees? Here are some smart ways to attract them with franchise marketing.


Franchise


HR

HR
India – Fresh graduates prefer temporary roles to permanent, stable jobs
Many fresh graduates are rejecting or outright leaving permanent jobs in order to take up temporary positions in bigger firms, reports the economictimes.indiatimes.com.


HR
Over two lakh new central government jobs by 2017
Over two lakh new central  government jobs by 2017 - Times of India
Minister of State for Personnel, Public Grievances and Pensions, Jitendra Singh, said the projection has been made after due consideration and keeping in mind the futuristic vision of the government.


HR
Why is an economy apparently on the upswing not being able to generate enough new jobs? Welcome to jobless growth.
Why is an economy apparently on  the upswing not being able to generate enough new jobs? Welcome to jobless growth. - India Today
At 8 pm every day, 200 young technicians at pathology giant Thyrocare Technologies begin work at its automated clinical chemistry laboratory at Turbhe in Navi Mumbai. For the next 12 hours, they operate a range of state-of-the-art diagnostic equipment, which can process up to 200,000 investigations a night for thyroid, kidney and liver diseases, testing nearly 45,000 samples flown in from 1,300 collection centres in India.



Logistics
Govt may spend Rs. 6000 crore to revamp 75 regional airports at varying costs of Rs 50 cr plus to more than 100 cr
Govt may spend Rs. 6000 crore  to revamp 75 regional airports at varying costs of Rs 50 cr plus to more than 100 cr - International Business Times, India Edition
The government would invest about Rs. 6,000 crore to revive 75 regional airports across the country, the Economic Times reported.


Logistics
Indian Railways to have automatic coach washing plants to save water, will set up 10 washing plants at 10 major depots
Indian Railways to have  automatic coach washing plants to save water, will set up 10 washing plants at 10 major depots - Financial Express
Indian Railway has thousands of water bodies along its 65,000 km-long tracks and on land owned by the public sector behemoth.


Logistics
Road Transport Corporation in Andhra pins hopes on fare discount, move seen to boost sagging revenues
Road Transport Corporation in  Andhra pins hopes on fare discount, move seen to boost sagging revenues - Times of India
Gone are the days when there were no takers for back-seats in RTC buses.In fact, they are much in demand after APSRTC has announced a discount for those opting to book them.


Logistics


Construction
UP govt to constitute probe panel in Jaypee land allotment
UP govt to constitute probe  panel in Jaypee land allotment - ET Realty
Uttar Pradesh Forest Department raised objection over the land allotment claiming that the company was carrying out illegal mining in the region


Construction
Should you invest in Cement as the sector is getting into structural long-term bull run?
Should you invest in Cement as  the sector is getting into structural long-term bull run? - ET Realty
All India cement production grew 10.8 per cent YoY at 51.4 million for the January-February period


Construction
UltraTech Cement Q4 net profit up by10% to Rs 723 crore
UltraTech Cement Q4 net profit  up by10% to Rs 723 crore - ET Realty
Domestic cement sales also registered a growth of 15 per cent in the period under review


Construction
L T Realty to sell retail space to Blackstone for Rs1,450 crore
L T Realty to  sell retail space to Blackstone for Rs1,450 crore - Livemint
Blackstone has in-principle agreed to buy the retail portion of Seawoods Grand Central in Navi Mumbai



Marketing
The possibilities and pitfalls before India’s publishing industry : Report
The  possibilities and pitfalls before India’s publishing industry : Report - The Caravan
By Vinutha Mallya At international book fairs, which I have attended for the last seven years, experts show off their national book markets in elaborate presentations with colourful graphs and pie charts. I stare in wonderment. Not because the numbers are exceptional, but because they exi


Marketing
Teens most drawn to e-cigarettes by online ads : Report
Teens most drawn to  e-cigarettes by online ads : Report - Times of India
This generation of digital natives is most enticed by promotions they see online


Marketing
Star India wants brands to shell out Rs 8.5 crore to be IPL online co-sponsors
Star India  wants brands to shell out Rs 8.5 crore to be IPL online co-sponsors - Medianama
Indian Premier League (IPL) digital broadcast rights holder STAR India is apparently looking to charge online co-sponsors Rs 8.5 crore and online associate sponsors Rs 5.5 crore, reports exchange4media. Co-sponsors will get six 30 seconds ad spots per match on both Hotstar and StarSports.com, as


Marketing
Ola Cabs Gets Into A Sexist Row, #OlaMicro Ad Pulled Down Later
Ola Cabs Gets  Into A Sexist Row, #OlaMicro Ad Pulled Down Later - Lighthouse insights
I’ve often wondered whether creative heads and brand managers take a calculated risk when they give their nod to a controversial ad. Of course they know the traits of the business all too wel…



Politics
Liquor ban in Bihar: Crime has declined by 27 % since prohibition, says Nitish Kumar
Liquor ban in Bihar: Crime has declined by 27 % since  prohibition, says Nitish Kumar
On Monday Bihar government said rate of heinous crimes has decreased by 27 per cent in the month of April since the imposition of total prohibition in the state.


Politics
Tamil Nadu polls: Vaiko stuns MDMK, says will not contest 16 May Assembly election
Tamil Nadu polls: Vaiko stuns MDMK, says will not contest 16  May Assembly election
MDMK chief Vaiko on Monday stunned his supporters by going back on his decision to contest the 16 May assembly polls.


Politics
Former deputy CM Chhagan Bhujbal discharged from hospital, taken back to jail
Former deputy CM Chhagan Bhujbal discharged from hospital,  taken back to jail
Chhagan Bhujbal, an accused in a money laundering case, was discharged from the state-run St George Hospital today after a week-long stay for high blood pressure and chest pain.


Politics
West Bengal: CPI(M), BJP lodge complaints against TMC candidate Purnendu Bose
West Bengal: CPI(M), BJP lodge complaints against TMC  candidate Purnendu Bose
The CPI(M) and BJP on Monday lodged complaints to the EC against state minister and TMC candidate from Rajarhat-Gopalpur constituency Purnendu Bose.



Sports
IPL 2016, KXIP v MI: Parthiv Patel comes to party, sinks Kings XI Punjab
IPL 2016, KXIP v MI: Parthiv Patel comes to party, sinks Kings XI  Punjab
Parthiv Patel’s scintillating knock and half-century by Ambati Rayudu take MI to win, leave Punjab’s hopes hanging by a thread.


Sports
IPL 2016, SRH v RPS: Rampant Sunrisers face Pune Superflops
IPL 2016, SRH v RPS: Rampant Sunrisers face Pune Superflops
MS Dhoni's faltering RPS will have their task cut out against a resurgent SRH who have turned the tables around with three back-to-back wins.


Sports
Salman Khan can bring a lot more awareness, says Sunil Gavaskar
Salman Khan can bring a lot more awareness, says Sunil  Gavaskar
Salman Khan's appointment as the goodwill ambassador has triggered a furore that left the sports fraternity divided.


Sports
Want to be brand ambassador for Housefull 3, Viren Rasquinha posts jokingly on IOA-Salman Khan controversy
Want to be brand ambassador for Housefull 3, Viren Rasquinha  posts jokingly on IOA-Salman Khan controversy
Viren Rasquinha suggests coming in as brand ambassador for a movie promotion as debate over using Salman Khan to promote sports rages on.



Entertainment
Stephen King’s ‘It’ will hit theaters on September 18, 2017
Stephen King’s ‘It’ will hit theaters  on September 18, 2017
The film adaptation of Stephen King's 1986 novel "It" is officially set to hit theaters on September 18 next year.


Entertainment
Nobody understands ordinariness better than Shah Rukh Khan: Aanand L. Rai
Nobody understands ordinariness better than Shah Rukh Khan:  Aanand L. Rai
Aanand L. Rai is all set to work with Shah Rukh Khan and says "nobody understands ordinariness better than him.


Entertainment
Kangana Ranaut withheld truth from her lawyer: Hrithik Roshan’s legal team
Kangana Ranaut withheld truth from her lawyer: Hrithik  Roshan’s legal team
In the ongoing war between Hrithik Roshan and Kangana Ranaut, the "Bang Bang" star's legal team on Monday (April 25) claimed that the actress withheld truth from her lawyer.


Entertainment
Prince stayed awake for six days before his death
Prince stayed awake for six days before his death
Prince stayed awake for "154 hours" despite being hooked on sleep-inducing painkillers, detectives have been told.






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