October 31, 2018 - Industry leaders call for re-skilling existing workforce amid growth in digital adoption

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Invite Friends   From the Editor's Desk How to build 1000 Restaurants in 24 months - Jaydeep Barman, Faasos (now Rebel Foods) Today, we can safely say we are world's largest delivery only / internet restaurant company, and by a wide margin. At 1100+ individual internet restaurants, in 15 Indian cities, we have indeed come a long way in the last 24 months. It's still Day 1 (as the other JB would say :)), but we know we are on to something very, very big. We have a once-in-a-lifetime opportunity to change a 500-year-old industry. The explosive growth of food delivery, led by aggregators and of the sales of restaurant brands worldwide (check McDonalds and Domino's global sales and value growth over the last few years), point to one thing: just like every other consumer industry, Food and the business of restaurants is undergoing a structural shift wherein there are two parts - The Brand and The Distribution. Continued here Advertisers of the day Wharton Business Analytics Team: Business Analytics: From Data to Insights | Starts Sept EMERITUS on Behalf of Columbia Business School Exec Ed: Value Investing (Online) by Columbia Business School Exec Ed Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails.     HR Industry leaders call for re-skilling existing workforce amid growth in digital adoption Industry leaders have called for an increased focus on re-skilling the existing workforce in the new areas. HR India jobs crisis: How accurate is EPFO payroll data? Experts say the numbers must not be construed as job additions, as they signal formalization of existing jobs HR McKinsey looks beyond IIMs IITs, adds doctors, soldiers, railwaymen to hiring list Changing client demands and increasing competition are forcing employers to look beyond IIMs and IITs. 5 More HR Stories India on Way to Becoming 3rd Richest Country, Lead 4th Industrial Revolution: Mukesh Ambani Speaking at the 24th MobiCom conference here, Ambani, who heads the oil-to-telecom conglomerate Reliance Industries, said India's digital transformation is Logistics Delhi airport to see investment of Rs 9,000 cr to boost capacity M Venkaiah Naidu said Delhi airport will see an investment of about Rs 9,000 crore to boost capacity and handle 100 million passengers per annum. Logistics Cochin Shipyard's new dry dock to up India's share of ship-building The profit-making PSU will not be privatised, says Gadkari Logistics Shipping cannot be a family-run business? These six families disagree Every few years, the shipping industry bottoms out to protracted low-growth phases. Several simply cut their losses and down shutters. But some persevere to become 'captains of industry. 11 More Logistics Stories Bangalore Metro bids disappoint as contractors go underground Only four companies submitted bids for the UG line between the Vellara Junction and Shivajinagar, which is part of the 21-km Reach 6 of Phase II. Construction Why India must create sustainable and 'green' real estate industry Sustainable living is taking centre-stage in the Indian real estate industry Construction Motilal Oswal Real Estate sells Shriram Properties stake for ₹125 crore Motilal Oswal Real Estate has exited Shriram Properties's Shriram Greenfield, a 2 million sq. ft project near Whitefield, Bengaluru Construction Connecting the Length and Breadth of Metro Rail in India Indian cities are among the world's fastest developing cities in terms of infrastructure, economy, and even population, which calls for a better transportation system. 9 More Construction Stories Gift of capital asset to spouse is not chargeable to tax Accordingly, if the purpose is to transfer the ownership of the flat to your wife such that she becomes the 100% owner of the said flat, you can consider gifting her your share without any consideration. Marketing Single father: A market segment still ignored by brands Single fathers take advantage of shopping and consumption in general to build new relationships with their children and even sometimes to re-discover them Marketing Watch Out for Manipulative Ads in Your Kid's Mobile Apps A new study is calling out the ad practices of mobile apps designed for children. However, Google said its app store includes warnings about advertising and in-app purchases. Marketing Why Digital Marketing Strategy Should be Driven by Data? Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities -- get all the breaking news, right now. 388 More Marketing Stories Asian football body signs major marketing deal | Football News: Asia's football body has signed a major commercial rights deal with sports marketing agency DDMC Fortis aimed at securing the financial future of the Politics Why RBI is at loggerheads with the government From a banking crisis to interest rates, the RBI has often found itself on opposing sides to government officials this year. Politics "Bring All Non-BJP Parties Together": Akhilesh Yadav To Chandrababu Naidu Former Uttar Pradesh Chief Minister and Samajwadi Party president Akhilesh Yadav on Tuesday extended his party's support to Andhra Pradesh Chief Minister N Chandrababu Naidu's efforts to bring non-BJP parties onto a single platform to take on the BJP-led NDA. Politics Manohar Parrikar Chairs Meet At Home, Minister Says He Is In Good Health Amid speculation surround his health, ailing Goa Chief Minister Manohar Parrikar late on Tuesday chaired a meeting of the state Investment Promotion Board at his private residence near Panaji. 13 More Politics Stories Kerala Achieves Highest Annual Decline In Infant Mortality Rate Kerala has been ranked as the top state to achieve highest annual decline in Infant Mortality Rate followed by Mizoram and Karnataka, according to the Health Ministry. Sports Sourav Ganguly to BCCI: Experience in the matter of coach selection was appalling Ganguly, along with Sachin Tendulkar and VVS Laxman, comprised BCCI's Cricket Advisory Committee which was tasked with picking a successor to Anil Kumble. Ravi Shastri eventually replaced him despite Ganguly being against his appointment. Sports Dhawan set to return to Daredevils after 11 years The Sunrisers opening batsman is likely to have been traded for Vijay Shankar, Abhishek Sharma and Shahbaz Nadeem Sports Ball tampering aftermath: Banned players angry because officials got away, says Ian Chappell Ian Chappell's remarks came a day after a review by the Sydney-based Ethics Centre into the incident condemned an "arrogant" and "controlling culture" at CA. 16 More Sports Stories CAS clears candidate for amateur boxing federation election The International Olympic Committee has warned AIBA it risks being barred from the 2020 Tokyo Olympics if Gafur Rakhimov wins the election. Entertainment Victoria Beckham to Receive the Fashion Icon Award at the 2018 E! People's Choice Awards The legendary designer is the first winner for 2018's E! People's Choice Awards Entertainment A huge section of Bollywood belongs to LGBTQ community but they don't offer forthright support: Onir Director Onir said he is constantly told by studios and producers to do away with LGBTQ narratives, which is an irony as lot of industry members are from the community. Entertainment Pharrell Williams sends a legal notice to Donald Trump Pharell Williams' lawyer sends a cease-and-desist letter to the POTUS for using the Despicable Me 2 song "Happy" at a gathering in Illinois' Murphysboro. 9 More Entertainment Stories Anushka Sharma has an open door policy for new musicians Well, being one of the youngest producers on the block, Anushka Sharma is keen on showcasing versatility and unconventionality through her films. After her last film Pari, we hear that she is now keenly scouting exciting new talents – both directors and scriptwriters – who have tasted success through her production house, Clean Slate Films.Read More Work Delhi will now use Twitter and Facebook to fight air pollution The supreme court also banned old diesel and petrol fuels vehicles from plying in NCR. Work Here's why India's central bank and government are sparring in the open The discord may spook the stock and currency markets, it is feared. Work Plastic waste elimination pledge by 2025 attracts more big firms Some 250 major organisations join Coca Cola and H&M promising to stop using single waste plastic. 18 More Work Stories Most Indian techies quit online reskilling courses midway And it's not because of the cost. Life Cyberbullying Is Most Prevalent In India [Infographic] A recent study from Ipsos polled parents in 28 countries to determine cyberbullying rates in 2018. Life How Modi lost his mojo and Rahul roared to life on Twitter The BJP still maintains pole position in terms of online footprint. Life More than 1,000 people have died in Asian passenger airline crashes in the last five years Airline travel is safer than ever. And yet, when there's a deadly accident like today's crash of Indonesian budget flight Lion Air JT610, it doesn't feel that way. 12 More Life Stories Why some blood donations go to waste and how to make sure yours doesn't It's too precious a gift to squander. Retail Reliance Jio, Reliance Retail overtake RIL petchem in sales During the July-September quarter, Reliance Retail and Reliance Jio recorded a combined revenue of ₹44,615 crore, exceeding the ₹43,745 crore sales reported by RIL's petrochemicals business Retail It's official! Isha-Anand Dec 12 wedding to be private affair at Ambani residence The pre-wedding festivities will be held in Udaipur. Retail Gartner estimates global retailers' IT spending to grow 3.6% in 2019 International Business News: Global retail sector's technology spending will grow 3.6% to reach almost $203.6 billion in 2019, with similar growth rates expected for 2020 and 2021 8 More Retail Stories PepsiCo India to connect retailers, customers using digitalization Food and beverages giant, PepsiCo India is reportedly betting on digitization, as a part of its growth strategy and to bring in transparency between its huge customer and retailer base in the booming Indian market. As per an official statement, PepsiCo, the maker of Lay's, Kurkure and various cola brands, said that it is currently working on a project to digitally connect about 10 million of its retailers and 600 million consumers with diverse supplier. According to The Financial Express, Ahmed El Sheikh, President and CEO of PepsiCo India, said that the company has recently finalized a project to digitize the total supply chain within PepsiCo India Telecom Supreme Court upholds TRAI Tariff Order and Interconnection Regulations, 2017 [Read Judgment] The Supreme Court has upheld the validity of the Tariff Order and Interconnection Regulations introduced by the TRAI last year. Telecom DoT, telcos brace for rise in fraud cases in post-Aadhaar era The Department of Telecommunications (DoT) and operators are bracing for a rise in instances of fraud as they return to old forms of physical customer.. Telecom Zuckerberg says the future is sharing via 100B messages 1B Stories/day After last quarter's bloodbath earnings report that cut 20 percent from Facebook's share price, the social network stumbled in Q3 2018, reaching 2.27 billion monthly users, up 37 million users or 1.79 percent — only slightly better than Q1's slowest-ever growth rate of just … 5 More Telecom Stories Security should be built-in to any 5G project: A10 Networks Telecom operators need to consider using automated defenses, leveraging machine learning and even AI to secure their networks once they switch to 5G,.. Finance RBI chief Urjit Patel may consider resigning after rift with govt: Report RBI governor Urjit Patel may consider stepping down from the post Finance As NBFCs struggle, banks set to reclaim lost ground after NPA worries take a backseat Banks have managed to expand loans at 14.5% year-on year, the highest growth recorded in four years. Finance Reserve Bank of India to inject Rs 12,000 crore liquidity in system Last week, the central bank said had announced to inject Rs 40,000 crore into the system in November through purchase of government securities as it looks to meet festive season demand for funds. 10 More Finance Stories IDFC Bank sells Rs 2,400 crore NPAs to Edelweiss Asset Reconstruction Company Loans to a pool of 12 companies, including GVK Gautami, GMR Rajahmundry, Monnet Power and Coastal Projects and totalling Rs 2,335 crore, was sold in August for Rs 621crore. Food/FMCG Job stickiness pays dividend at HUL India Business News: Sanjiv Mehta has completed five years at the helm of Hindustan Unilever (HUL). Mehta said, "I believe people need to spend more time in jobs to make a Food/FMCG Ayurveda-based innovation helps Colgate launch similar products overseas Vedshakti, launched nearly two years ago in India, was aimed squarely at the Baba Ramdev-led Patanjali Ayurved, which has challenged the multinationals dominance of the segment with its Dant Kanti toothpaste. Food/FMCG Where buyer is not the king Where buyer is not the king - The Consumer Protection Bill has been thwarted consistently by vested interests in Parliament 11 More Food/FMCG Stories 'It's fun to thrive in chaos' Khyati Mashru of Plant Rich talks about how she made it big in financial advisory. Software Companies should train youth on new-age technologies: Narayana Murthy Infosys co-founder N R Narayana Murthy on Tuesday said enterprises should focus on training youth on new-age technologies like machine learning, Internet of Things (IoT) and automation, which if used Software From railways to Aadhaar, India's key systems run on IBM-acquired Red Hat software Red Hat is the backbone of the BSE, NSE, Aadhaar, GST, LIC, SBI Insurance and most core banking services across India Software Chinese delegation visits Infosys, Huawei R D Centre in Bengaluru As a part of the technical visit in Bengaluru, the delegation on Tuesday visited Infosys, Bangalore Helix Biotech Park and Huawei R&D center. 7 More Software Stories HP India sees scope for 3D printers in mainstream manufacturing To set up facility in Andhra Pradesh Ecommerce Ola may raise $100 million from hedge fund Steadview Capital The latest valuation for Ola is the highest that the urban transportation company has been able to ratchet up till date. Ecommerce Amazon bans more than 5,700 of its top reviewers Amazon ranks its reviewers not only in terms of the number of reviews they have written, but also by how many customers have indicated the reviews were helpful for them. Ecommerce Flipkart's B2B And Ecommerce Arm Post A Combined Loss Of $435 Mn In FY18 Flipkart India recorded a total loss of (INR 2,063.8 Cr), which is a jump of more than 700%,. 5 More Ecommerce Stories A new inflection point for Indian ecommerce, as sales move beyond mobiles, fashion The crushing dominance of sales of mobile phones and fashion in Indian ecommerce is changing, thanks to new buyers from the hinterland and repeat buyers from cities. Digital Foreign digital payment cos expect sharp increase in operating costs in India The biggest challenge to these companies lies in managing cyber-attacks in a decentralised data storage mechanism. Digital Media Dark is no longer Digital Dark: How vernacular content is helping the reach of digital in tier-2 3 Indian cities ... Digital How to script Digital India success; here's what we can learn from South Korea The next mission now is to build a digital payments ecosystem in the country, which reduces corruption and logistics cost for cash handling, and increases convenience and tax compliance. 3 More Digital Stories Mastercard says storing India payments data locally in face of new rules The Indian central bank in April said companies such as Mastercard, Visa and American Express will from October need to store their payments data "only in India" so that the regulator could have "unfettered supervisory access". Franchise Gold's Gym Posts Best Quarter for Franchise Development in Its History Gold's Gym International opened nine international locations, held one domestic grand opening and signed franchise agreements for multiple locations across three states, helping to make the third quarter its best yet as it seeks a buyer. Franchise Mohan's primary objective is to grow the Minute Maid franchise "disproportionately" Mohan's primary objective is to grow the Minute Maid franchise "disproportionately" Franchise Experiential learning has become requirement in pre-schools: Prajodh Rajan The country has become the second largest market for e-learning after the US. 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. 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