May 13, 2016 - Invested $300 million in supply chain, logistics in 18 months: Snapdeal

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Invite Friends Blog Sree Vijaykumar From the Editor's Desk Smart money is not looking so smart right now. Hedge funds in the US have lost 0.4% in the past quarter, while the S&P 500 has returned 1.4%. Even the gold standard of Wall Street, Goldman Sachs, has returned 6.4% on equity, as opposed to the 30% average it delivered before the financial crisis. Debt-fueled risk-taking is being controlled through regulation and hefty asset management fees are being questioned when returns are so low. Outsized fees and wages associated with finance, in turn, could be one of the reasons why overly large financial sectors seem to have a deleterious effect on economic growth. Some theorize that when nosebleed pay packages are the norm in the financial world, it starts to siphon off talented workers who otherwise would have contributed to real economic productivity somewhere else. - Comment Digital Invested $300 million in supply chain, logistics in 18 months: Snapdeal Snapdeal has pumped in USD 300 million (about Rs 1,990 crore) over the last 18 months to strengthen its supply chain and logistics. Digital Tokyo-based Gree Ventures raises $37 million to fund internet startups in India, and other countries Gree Ventures, a Tokyo-based venture capital firm that’s among the most active in Southeast Asia, has secured US$37 million in committed capital for its second fund, it announced today. It aims to hit US$60 million by the end of 2016.   Digital Flipkart's Ekart signs on a network of 700 stores across 28 cities as part of its alternative delivery on powering last-mile delivery programme Ekart, the logistics arm of online marketplace Flipkart has signed on a network of 700 corner stores across 28 cities as part of its alternative delivery programme. Outlook Business Smart Enterprise 2016 - May 17, Hotel St. Regis, Mumbai A unique one-day event that will bring together all stakeholders on a single platform to deliberate over how India can harness the true potential of its SMEs. Register Now Digital Online-to-Offline: How these 5 startups are doing it differently End-of-season sales were once known for eager shoppers lining up at store doors early in the morning to get the best bargains. In the last couple of years, however, the crowds have thinned out. Customers now prefer to buy online, attracted by the frequent discounts offered by e-commerce stores. Digital Why offline retailers acquire e-commerce companies It’s not just for an online presence;far-sighted strategic moves are afoot Digital Photo discovery platform Galleri5 gets funding from Redbus, TaxiForSure founders Redbus founder Phanindra Sama and TaxiForSure founder Raghunandan G, along with a bunch of other investors, have led an angel funding round in visual discovery platform Galleri5. The new capital will be utilised for content development, hiring talent, marketing strategies, and talent acquisition, Retail Invested $300 million in supply chain, logistics in 18 months: Snapdeal Snapdeal has pumped in $300 million (about Rs 1,990 crore) over the last 18 months to strengthen its supply chain and logistics. Retail Navigating the 'supermall' Walking through India’s first ‘destination mall’ with shopping addicts, the designer duo David Abraham and Rakesh Thakore Retail Reliance Retail to rebrand some Digital Express outlets as Reliance Jio Reliance Retail is the countrys largest consumer electronics retailer with 1,748 outlets in over 500 cities as of March 2016. Retail Xiaomi's application for single brand retail put on hold by government Besides Xiaomi, the panel is also considering the application of China-based telecom company LeEco for single brand retail licence with the sourcing exemption. Telecom With 3G speeds good enough, do we need 4G? After initial success, data use is stagnating and getting consumers to spend additional money for high-speed internet is proving to be difficult for telcos Telecom Call drops: Bharti Airtel sets benchmark at 1.5 per cent Bharti Airtel has committed itself to limit monthly call drops at 1.5 per cent of total calls and pledged to make a contribution towards rural education if it exceeds this voluntary limit that is more stringent than the industry norm of 2 per cent. Telecom 'Service tax on spectrum allotment to hurt telecom industry' The proposal to levy 15 per cent service tax on all spectrum allotments and transactions among licensees will hit the telecom industry financially, putting initiatives of Digital India and Smart Cities at risk, an industry body said on Thursday. Telecom Telecom operaters to benefit from SCs verdict on call drops; Digital India hurt SC's verdict on call drops: Telecom operates - 1, Digital India - 0 Finance Uday Kotak sole Indian financier in Forbes' most powerful list Kotak Mahindra Bank Chief Uday Kotak, who has a net worth of about USD 7.1 billion, is the sole Indian in Forbes' list of 40 of the most powerful people in the financial world who control the flow of trillions of dollars around the global Finance Beef ban hurting India's economy, says industrialist Adi Godrej Clever democratic leaders make sure disadvantages are minimised, advantages maximised, says Godrej chairman. Finance Do Reserve Bank governors need a longer term? What can you really achieve in three years in a country like India where it takes time to get things done? Finance For some companies, every drop is starting to matter Given the business risk water depletion poses to them, corporate entities have begun acting to save water Software India introduces legislation to ban unofficial maps and satellite photos The Narendra Modi government wants to regulate ubiquitous services like Google Maps. Software Infosys reboots its BPO business : May bundle BPO unit into service line Sikka, in his recent commentary , admitted that the new wave of innovation hasn't reached the BPO business, referring to very little automation and AI. Software Chinese smartphone maker LeEco and Twitter announce joint business partnership : Will help grow LeEco's global influence Chinese smartphone manufacturer LeEco and micro-blogging website Twitter on Thursday announced a joint business partnership to help grow LeEco's influence globally. Ecommerce Snapdeal bars sellers from giving more than 70% discount from May 13; aims to tackle the increasing return of merchandise from buyers The company said: “We have noticed deeply discounted products often do not meet expectations, leading to increased returns and customer dissatisfact.. Ecommerce Ray-Ban converts its India website into an ecommerce platform, eyewear brand seeks to fight off counterfeits that flood online marketplaces Ray-Ban has converted its India website into an ecommerce platform, as the eyewear brand seeks to fight off counterfeits that flood online marketplaces. Ecommerce Flipkart taps kirana stores for last-mile delivery; 700 mom-and-pop stores across the country been roped in to deliver shipments In a bid to improve its last-mile delivery efficiencies, Flipkart’s logistics arm EKart is tapping into neighborhood kiranas. Ecommerce Reliance JioMoney wallet lands in a market where Paytm and Oxigen rule; new mobile wallet app is a work in progress, but has got the basics spot on Reliance’s new mobile wallet app is a work in progress, but has got the basics spot on Franchise Factors franchisors should keep in mind to make the pregnant pause as smooth as possible for all parties Franchise Franchisor Zone: Ways to work towards 100% profitability across your franchise network [video] How can you work towards 100 percent profitability across a franchise network? In this video interview, franchisor Sara Pantaleo reveals how La Porchetta approaches profitability. HR Slow automation in progress at Infosys The inability of some tools to replace manual work and debate about how much to automate seen as main hurdles HR India is Giving its Trade Strategies a Rethink India is dragging its feet on concluding outstanding trade strategies. HR Job openings at Power Grid Corporation of India: Apply now The interested candidates should apply online latest by May 31. HR Bersin by Deloitte: High-Impact Talent Management in India Should Focus on Leadership, Diversity, and Ongoing Projects OAKLAND, Calif., May 12, 2016 /PRNewswire/ -- Organizations in India's highly competitive labor market focused... Logistics Indian Railways announces creation of non-fare revenue directorate ( NFR) to boost earnings The non-fare revenue directorate's (NFR) mandate is to enhance non-tariff income by 10 to 20 percent, said Indian Railways. Logistics Speed and self control: Air India introduces self check-in facility at 26 airports Air India's domestic fliers can now procure boarding pass by using the facility near the check-in area at 26 airports, the release said. Logistics Companies like Delhivery, GoJavas and Ecom Express getting ready for Alibaba's India entry Tiger Global-backed Delhivery confirmed that it had a discussion with Alibaba in April this year to chalk out potential fit for its India plans. Logistics Ritu Beri to design the new uniforms of Indian Railways Employees Khadi industries will be providing the raw material. Construction Rahul Yadav’s second venture Intelligent Interfaces fizzles out Rahul Yadav had announced his second venture, Intelligent Interfaces, in September, referencing virtual and augmented reality and AI Construction Ambassadors of 150 countries invited to Investment Summit The government would pitch projects worth Rs 50,560 crore across 20 cities to be developed as smart cities in the first phase. Construction Rs 160 crore unaccounted assets recovered by I-T dept from realty firm Ashoka Buildcon The department collected a 30% tax (Rs 48 crore) on the unaccounted assets. It also slapped a 100% penalty on the tax evasion amount (another Rs 48 cr.. Construction Rail Land Development Authority yet to develop 47 vacant sites, According to Panel Railway Convention Committee in its latest report observed that so far 60 sites measuring about 590 hectares of land have been identified and entruste.. Marketing It's time brands in India embraced programmatic advertising : CNN's Rob Bradley BE chats with CNN’s global director of digital advertising revenue and data, during his recent India tour Marketing Brands exploit legal loopholes to promote surrogate advertising in India : Report Marketing Controlling Misleading Advertisement : Expanding Role Of Self Regulating Mechanism In India In India, there are mechanisms for regulating advertisement which are both in the nature of self regulation and regulation by statutory rules and regulations. India Media, Telecoms, IT, Entertainment Global Advertising Lawyers Alliance (GALA) 12 May 2016 Marketing Instagram Strips Down Its Logo, Digital Video Is Now More Popular Than Prime-time TV This Darkly Clever Billboard for a Funeral Home Leaves Toronto Motorists Aghast: This billboard, which went up this week next to the Gardiner Expressway in Toronto, is provocative in the extreme—bl… Politics Modi owes Kerala apology, not silence, says Chief Minister Oommen Chandy Prime Minister Narendra Modi owes an apology, not silence, to Kerala for comparing the state with Somalia, Chief Minister Oommen Chandy said Politics PM Modi’s penchant for playing fast-and-loose with facts is catching up with him Modi is well aware of the power of demagoguery and has used it to his advantage. But the law of diminishing returns sets in on overconsumption. Politics Clutch of reforms shows Modi means business, but can he steer clear of controversies? Avoidable controversies at regular intervals and a pathetic communication failure have served to skew the perception such that the Modi government's list of achievements so far has gone totally under the radar. Politics West Bengal Elections: BJP Had A Clean Slate But Its Leaders Are Determined To Prove Otherwise How NOT to win friends and influence people. That seems to be the modus operandi of the BJP in West Bengal. The BJP’s greatest liability in Bengal is that it’s been a non-player. It has Sports SRH vs DD, IPL 2016: Sunrisers eclipsed at home Delhi Daredevils produce clinical all-round display to defeat table-toppers Hyderabad by seven wickets. Sports IPL 2016: Star-studded RCB need to get their act right with the ball The Virat Kohli-led unit has delivered with the bat but it's the bowling which has let them down on numerous occasions. Sports IPL 2016: MS Dhoni may have his own reasons for not bowling R Ashwin, says Simon Katich R. Ashwin has not bowled his quota of four overs in 10 of his last 20 Twenty20 games that included five games for RPS Sports Our parampara is to send quota winner, says WFI chief Brij Bhushan Sharan Singh Wrestling federation chief Brij Bhushan in ‘favour’ of sending Narsingh Yadav even as Sushil Kumar writes letter asking for a trial. Entertainment Raman Raghav 2.0 to compete at Sydney Film Festival Anurag Kashyap's Raman Raghav 2.0 will compete at the Sydney Film Festival 2016. Entertainment I am humbled and privileged that I get to represent India and our film fraternity at Cannes: Aishwarya Rai As Aishwarya Rai Bachchan gears up to leave for Cannes by air tonight, the former beauty queen recollected her glorious association with the prestigious film festival. Entertainment Morgan Freeman, Tommy Lee Jones to star in ‘Villa Capri’ Morgan Freeman and Tommy Lee Jones are teaming up for action comedy "Villa Capri". Entertainment Kal Penn would love to work with Amitabh Bachchan Amitabh Bachchan brings out the fanboy in star Kal Penn, who says he would love to be a part of the Indian independent movies. 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