Monday, May 9, 2016

May 9, 2016 - Companies like Google, Apple and Microsoft may need licence for satellite mapping in India

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
This article presents both sides of the surge pricing debate quite well. While, economists argue that it removes market inefficiencies (brings more drivers onto the road when demand is high, etc) and is hence good for the consumer, behavioural economists (a relatively new breed who study how human beings react in the real world) suggest that people may not be ready for indiscriminate surge pricing in several scenarios, including taxis. The objections are around fairness and predictability. Charging more during emergencies seems unethical. Also, would we really like to live in a world where prices for everyday goods keep changing like the stock market? - Comment


Digital
Companies like Google, Apple and Microsoft may need licence for satellite mapping in India
Companies like Google, Apple  and Microsoft may need licence for satellite mapping in India - News
A top government official involved in the move said maps of Indias sensitive installations were available on Google Maps, increasing the security risk of those sites


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
Startups start withdrawing job offers at IITs as they face funding issues
Startups start  withdrawing job offers at IITs as they face funding issues
Once the most sought-after for placements, some startups have started withdrawing job offers at IITs in Delhi, Mumbai, Roorkee and Guwahati.


Digital
Artificial intelligence is the future of services industry: Infosys CEO Vishal Sikka
Artificial  intelligence is the future of services industry: Infosys CEO Vishal Sikka
The company's knowledge-based AI platform Mana would have been able to predict impending HVAC problem at least a week in advance


Property Listing: Godrej Infinity, Keshav Nagar, Pune
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Luxury 2/3 BHK apartments, from Rs 38 Lacs - Rs 92 Lacs. Know more

 


Digital
Former Zensar chairman Ganesh Natarajan sets up company to invest in startups
Former Zensar  chairman Ganesh Natarajan sets up company to invest in startups
“About 70% of my time will be spent at 5F World, 10% at GTT and the rest on social initiatives like the Nasscom Foundation and Pune City Connect,” said Natarajan.


Digital
Paytm signs up 1000 brands including Puma, Samsung to open online stores
Paytm signs up  1000 brands including Puma, Samsung to open online stores
Paytm said it has tied up with more than 1,000 brands including Puma, Samsung, Samsonite, Casio and Lakme to enable them to open their online stores on its ecommerce platform.


Digital
Ad-tech firm Greedy Games to launch video-based ad integration
Ad-tech firm Greedy Games to  launch video-based ad integration
The ad-tech startup is partnering with award-winning Czech Republic developer Mad Finger Games and Malaysian digital entertainment studio Mediasoft Entertainment.


Retail
Arvind in talks to acquire Sequoia Capital-funded ecommerce company Freecultr
Arvind in talks  to acquire Sequoia Capital-funded ecommerce company Freecultr - Economic Times
Textile-to-retail conglomerate Arvind is in advanced talks to acquire Sequoia Capitalfunded ecommerce company Freecultr.

Retail
Time e-commerce firms revisited business models: Experts
Time e-commerce firms revisited  business models: Experts - The Indian Express
Global investors, too, in light of macroeconomic headwinds have started bailing out of Indian start-up companies after infusing over $9 billion in the last two years.

Retail
Kalyan Jewellers eyes 13000-crore turnover on 900-crore expansion
Kalyan  Jewellers eyes Rs.13000-crore turnover on Rs.900-crore expansion - Hindu Business Line
Kerala-based Kalyan Jewellers is eyeing a turnover of ₹13,000 crore this fiscal

Retail
Snapdeal ties up with UrbanClap to offer personal services on its Android app
Snapdeal ties  up with UrbanClap to offer personal services on its Android app - Economic Times
Anand Chandrasekaran, chief product officer at Snapdeal, tweeted on Sunday: “Urbanclap 80+ services live on Snapdeal android app, joining Zomato, redBus, Cleartrip and Freecharge.”


Telecom
COAI requests Department of Telecommunications to take measures to stop calls via apps
COAI requests Department of  Telecommunications to take measures to stop calls via apps - Firstpost
Mobile operators’ body COAI has requested DoT to take proactive steps to stop calls through apps, like the one recently planned by state-owed BSNL, saying they are against rules.


Telecom
Reliance Jio opens 4G service, but on invite basis
Reliance Jio opens 4G service,  but on invite basis - Times of India
Reliance Jio has expanded its 4G service beyond its employees with the employee referral programme. Here is how to get hold of RJio SIM card


Telecom
4G spectrum an advantage for Airtel, Reliance Jio: CLSA

Bharti Airtel and Reliance Jio Infocomm are better placed than Idea Cellular and ...

 


Telecom
India expects a paradigm shift in mobile usage this year
India expects a paradigm shift  in mobile usage this year - Enterprise Innovation
The number of Internet users in India is likely to reach 500 million this year, according to Telecom Minister Ravi Shankar Prasad. Mobile payments, location based services and mobile transactions are all poised for a great leap ahead.



Finance
RBI to make list of wilful defaulters public, says Raghuram Rajan
RBI to make list of wilful  defaulters public, says Raghuram Rajan - Livemint
Raghuram Rajan says RBI is creating a structure for an out of court settlement of the disputes relating to bad debts


Finance
Sebi expands probe into financial dealings of Vijay Mallya firms
Sebi expands  probe into financial dealings of Vijay Mallya firms - Livemint
The Securities and Exchange Board of India is looking into violation of securities market regulations including strict disclosure requirements


Finance
Too much regulation may lead to danger of shadow banking: Raghuram Rajan
Too much  regulation may lead to danger of shadow banking: Raghuram Rajan - Economic Times
Rajan said one of the concerns of aggressive monetary policy is that it might encourage depreciation of the exchange rate.


Finance
SBI-led banks in search of Rs 20,000 crore borrowed by Alok Industries
SBI-led banks  in search of Rs 20,000 crore borrowed by Alok Industries - Economic Times
A forensic audit could not only reveal if there were any instances of fund diversion by the company but also bring out possible lapses, if any, of past audits.




Software
Why Cognizant's weak performance need not worry peers?
Why Cognizant's weak  performance need not worry peers? - Business Standard
In the quarter, Nasdaq-listed Cognizant, which has huge delivery presence in India, reported its lowest quarterly revenue growth


Software
Sanjay Kaul elevated to the new Apple India head says report

Apple has named company executive Sanjay Kaul, according to at least two people familiar with the matter, says a report in The Economic Times. There has been no response from Apple regarding the same according to the paper..

 


Software
Why Bitcoin has a governance problem?
Why Bitcoin has a governance  problem?
As one would-be father of bitcoin falls by the wayside, squabbling among the web-based currency's lead developers is exposing a fundamental flaw: it must evolve to meet growing demand, but may lack a governance structure to achieve this.



Ecommerce
Info Edge, HSBC disagree over Zomato valuation; HSBC halves Zomato's valuation to $500 million; start-up counters by saying it will become profitable very soon
HSBC halves Zomato’s valuation to $500 million; start-up counters by saying it will become profitable very soon

Ecommerce
Jabong hires Rahul Taneja as its chief business officer as the company seeks to strengthen its marketplace model and revive its struggling business
Rahul Taneja comes to Jabong from Snapdeal, where he was vice president and head-category management

Ecommerce



HR
How Aid Became Big Business
How Aid Became Big Business -  lareviewofbooks
A study of how the international aid business is becoming increasingly professionalized and corporatized.


HR
AP on a job hunting spree
With no major industry coming to the state in the last two years, the AP government is now literally hunting for jobs for the unemployed engineering graduates and polytechnic diploma holders.


HR
Indian Army wants to be leaner, may cut non-combat jobs
Indian Army wants to be leaner,  may cut non-combat jobs - Hindustan Times
The 1.2-million strong Indian Army wants to be leaner and is looking to cut flab in non-combat areas. Army chief General Dalbir Singh has ordered a study to determine how the force, battling a fund squeeze, can be rightsized, said a top army officer familiar with the plan.


HR
Revenue dept taking steps to boost growth, jobs: FinMin
New Delhi, May 8 () The Finance Ministry today listed out steps taken by the Revenue Department to boost growth and employment by giving relief to small tax payers, businesses and professionals.



Logistics
Relief after 163 Years ! Indian Railways to finally install Bio-Toilets in train engines for drivers
Relief after 163 Years ! Indian  Railways to finally install Bio-Toilets in train engines for drivers - Indiatimes.com
The first train with bio-toilets will be flagged off by Railway Minister Suresh Prabhu this week.


Logistics
Domestic airlines cry foul as GMR refuses to budge on tariff revision, airlines have been asked to pay higher than what was suggested by AERA
Domestic airlines cry foul as  GMR refuses to budge on tariff revision, airlines have been asked to pay higher than what was suggested by AERA - Livemint
Domestic airlines say the operator of Indira Gandhi International Airport is overcharging even though the tariff regulator ordered a downward revision


Logistics

Logistics
All airports in India should install solar energy units, on the lines of Kochi airport: Ashok Gajapathi Raju
All airports in India should  install solar energy units, on the lines of Kochi airport: Ashok Gajapathi Raju - Daily News Analysis
All airports in India should install solar energy units: Ashok Gajapathi Raju - Aviation minister bats for solar units at all airports 



Construction
Dwarka flats owners in Delhi get penalty relief for regularisation
In a big relief to Dwarka residents, the Delhi Development Authority (DDA) has decided not to levy penalty for the regularisation of flats in 26 cooperative group housing societies.

 


Construction

Construction

Construction
Indore civic body plans to sell off dead assets to raise funds for two mega projects
Indore civic  body plans to sell off dead assets to raise funds for two mega projects - ET Realty
According to IDA, it has around 800 residential and commercial spaces at different parts of the city and it has not been able to sell any of it in the..



Marketing
Ogilvy makes the digital leap : Report
Ogilvy makes the digital leap :  Report - Business Standard
OgilvyOne, the digital arm of ad agency Ogilvy & Mather, is helping one of the country's leading ad agencies to get future-readyWhen Ogilvy & Mather appointed its digital head Kunal Jeswani as India CEO in 2015, it was making its intentions very


Marketing
Ban on norm-compliant vehicles worst advertising of India : Toyota
Ban on  norm-compliant vehicles worst advertising of India : Toyota - Zee News
 With the Supreme Court set to take up the matter of ban on diesel cars and SUVs on Monday, the world's largest automaker Toyota said continued restrictions on vehicles that comply with all regulations would be the "worst advertisement of India".


Marketing

Marketing
The best APAC digital marketing stats from April 2016
The best APAC digital marketing  stats from April 2016 - Econsultancy (blog)
Here are the most eye-catching digital marketing stats from APAC in April.



Politics
'Game of Thrones' And Marxist Class Conflict
'Game of Thrones' And Marxist Class Conflict
When Karl Marx proposed his class conflict theory based on the society prevalent in the 19th century, little did he know that his brainchild would crystallize in a fictional land called Westeros well over a century later. While situating Marxist theory in a TV series, Game of Thrones may seem absurd, the parallels are undeniable.


Politics
Gandhi Family Knows PM Modi's Secrets, He'll Never Act Against Them: Kejriwal
Gandhi Family Knows PM Modi's Secrets, He'll Never Act Against  Them: Kejriwal
NEW DELHI -- Continuing his tirade of an alleged nexus between Prime Minister Narendra Modi and Congress president Sonia Gandhi, Delhi Chief Minister Arvind Kejriwal on Sunday said that he had sources


Politics
Sonia and Rahul can’t play victim, they are not Indira Gandhi
Sonia and Rahul can’t play victim, they are  not Indira Gandhi
Sonia and Rahul are no Indira Gandhi. The latter fought her battles within the party and outside as a political warrior.


Politics
VVIP Chopper Scam: Arvind Kejriwal Accuses Modi Of Being 'Scared' Of Sonia Gandhi
VVIP Chopper Scam: Arvind Kejriwal Accuses Modi Of Being  'Scared' Of Sonia Gandhi
NEW DELHI -- Launching a scathing attack on the Modi government and Congress over the AgustaWestland chopper scam, Delhi Chief Minister Arvind Kejriwal on Saturday said the Prime Minister does not hav



Sports
Seamers, Karthik take Lions to the top of the table
Seamers, Karthik take Lions to the top of the table
The skill of Gujarat Lions' seam attack, led by Praveen Kumar, beat the depth of Kolkata Knight Riders as they jumped to the top of the table at Eden Gardens


Sports
Dhawan, Nehra direct Mumbai mauling
Dhawan, Nehra direct Mumbai mauling
Sunrisers Hyderabad rode on Shikhar Dhawan's 82 and Ashish Nehra's new-ball burst to thrash Mumbai Indians by 85 runs in Visakhapatnam


Sports
Sushil Kumar or Narsingh Yadav: Biggest question staring Indian wrestling ahead of Rio Olympics
Sushil Kumar or Narsingh Yadav: Biggest question staring Indian  wrestling ahead of Rio Olympics
There’s a generous sprinkling of politics and intrigue to the dilemma of who should be sent to the Olympics: Sushil Kumar or Narsingh Yadav.


Sports
Former Pakistan players' response to coach job irks Akram
Former Pakistan players' response to coach job irks Akram
Wasim Akram has criticised former Pakistan players who refused to apply for the Pakistan head coach role through the channels set up by the PCB



Entertainment
Russell Crowe confirms Dr Jekyll role in ‘The Mummy’ remake
Russell Crowe confirms Dr Jekyll role in ‘The  Mummy’ remake
Russell Crowe has confirmed that he is joining "The Mummy" remake and will take on the role of Dr Henry Jekyll.


Entertainment
Satyajit Ray rejected 100 shaving brushes for a ‘Nayak’ scene
Satyajit Ray rejected 100 shaving brushes for a  ‘Nayak’ scene
Satyajit Ray made actors like Sanjeev Kumar, Shabana Azmi, Amjad Khan wait for over half an hour on the set of "Shatranj ke Khilari" (1977) as the soot in a lamp was not up to his satisfaction.


Entertainment
Gender pay inequality unjustifiable: Naomie Harris
Gender pay inequality unjustifiable: Naomie Harris
Naomie Harris feels it's "ridiculous" that anyone can thinks it's acceptable for female stars to be paid less than male actors.


Entertainment
Samuel L Jackson likens alcoholism to cancer
Samuel L Jackson likens alcoholism to cancer
Samuel L Jackson has compared alcoholism to cancer, saying he is under no illusion that his previous battle with alcohol and drugs may return.






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