Trending: Oct 20- Oct 27 : Inside the Black Hole of Global Consultants That India's Public Sector Banks Hire

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Invite Friends   From the Editor's Desk Startup idea: Oyo for Retail For all you Retail entrepreneurs/wantrepreneurs out there, here's a startup idea - An Oyo-style roll-up of kirana stores across India! Compared to modern trade or ecommerce, the kirana still offers more convenience, is willing to deliver rather quickly and is usually a better option for top-ups, as well as last-minute purchases. Now modernize these stores (add self-service aisles, POS, loyalty program, etc - Metro is already doing something similar, but their objective is different). Rebrand these stores under your brand ('Freshmart') and the customer has an attractive new option to shop from. On the back-end, consolidate sourcing (once you have some scale) and get better rates from FMCG / other vendors. Pass on part of these savings to your loyal shoppers (thus attracting more customers). Start with one city, then add more. More details to be fleshed out, but would love to hear feedback on this idea (simply reply to this email). 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.     Inside the Black Hole of Global Consultants That India's Public Sector Banks Hire Despite RTI requests, banks are not clear about who they engage, how much they pay them and whether fees paid to consultants resulted in tangible returns. US-Based Bluecore Acquires Betaout To Expand Into Indian Ecommerce Industry Wipro sees strong demand environment in global markets Unfazed by double-digit decline in annual and quarterly net profit and posting lower growth than rival HCL Technologies in revenue, software major Wipro on Wednesday sounded upbeat on demand environment being strong in global markets for its IT services. Law firm withdraws 'clean chit report' on ex-ICICI Bank Chanda Kochhar ICICI Bank says the clean chit given to former CEO Kochhar in March this year was based on the inquiry report of Cyril Amarchand Mangaldas Why Flipkart is in CX Partners's anti-portfolio if CX Partners would've had invested in Flipkart in 2014, it would have made money by exiting following the Flipkart-Walmart deal Lightspeed emerging as prominent investor in India's startup ecosystem Over the last three years, Lightspeed India has invested in some of the fastest growing startups in India, including Oyo, Byju's, Udaan and ShareChat, whose combined valuation is currently pegged at $8.5 billion How to choose between Google One, OneDrive, iCloud Google's new cloud storage subscription service 'Google One' start from ₹130 per month for the 100GB plan, ₹210 for the 200GB plan, going up to ₹650 per month for the 2TB plan and ₹19,500 per month for the 30TB plan When history and honey mix up to make a sweet drink Childhood friends Rohan Rehani and Nitin Vishwas, both 34, are bringing the ancient drink out of the pages of history with their Pune-based Moonshine Meadery, which was established last year Welspun MD buys a South Mumbai flat for ₹127 crore Welspun MD Rajesh Mandawewala has bought the top three floors (45th, 46th and 47th) in the first tower of 25 South, a luxury residential property in Prabhadevi, Mumbai Netflix to move forward with Sacred Games season 2 The future of the show was in jeopardy after it was revealed that Vikas Bahl, a partner of Kashyap and Motwane at Phantom Films, was accused of sexual assault by a female employee. Swiggy collaborates with Australia's Ice-Cream King Ben Ungermann ​​He had mentioned his interest in giving India a taste of his offbeat ice-creams like beer ice cream, lavender-honeycomb and pumpkin seed oil-vanilla flavours. Turkey President To Reveal ''Naked Truth'' About Jamal Khashoggi's Murder Turkish President Recep Tayyip Erdogan is expected Tuesday to reveal what he has said is the "naked truth" about the murder of Jamal Khashoggi at the Saudi consulate in Istanbul -- a killing Ankara has said was "savagely planned". FirstCry in talks with Alibaba, SoftBank for $150 mn funding FirstCry, a retailer of baby products online, is looking to raise at least $100-$150 million from Alibaba and SoftBank as it seeks to cement its market leadership FirstCry in talks with Alibaba, SoftBank for $150 mn funding FirstCry, a retailer of baby products online, is looking to raise at least $100-$150 million from Alibaba and SoftBank as it seeks to cement its market leadership The rise of Artificial Intelligence and impending takeover AI-driven machines are predicted to be better than us at driving a truck by 2027, writing a best-seller by 2049 and performing surgery by 2053 Bitcoin struggles for survival in India after RBI clampdown Trading volumes are down despite the rise of P2P transactions and innovations by exchanges Will D-Mart's exponential growth story continue? Unlikely, say analysts The country's most profitable retailer has been getting tough competition, as a result of which, it had cut prices across categories and this led to margin erosion. Welspun MD buys a South Mumbai flat for 127 crore Welspun MD Rajesh Mandawewala has bought the top three floors (45th, 46th and 47th) in the first tower of 25 South, a luxury residential property in Prabhadevi, Mumbai House of Pataudi: Myntra launches ethnic brand in partnership with Saif Ali Khan Myntra expects the House of Pataudi brand to do well in the future because of the absence of any other major ethnic wear brand in the country A cab ride served as the 'click moment' for Suleka Prime With Sulekha Prime, an SME can start growing its business on the Sulekha platform with just a smartphone, using the Sulekha business app These startups will help you save while you shop online this festive season Investors sitting on $40 billion capital reserves for India Such record levels of dry powder in the Indian market suggest an improvement in the fundraising environment, and reflect growing interest of limited partners in the India story New smartphone tool can track your alertness at work The alertness tool measures pupil size, captured through a burst of photographs taken every time users unlock their smartphones Flipkart's Sachin Bansal and Ola's Bhavish Aggarwal: Cut from the same cloth Flipkart co-founder Sachin Bansal is weighing a $100 million investment in Ola—a move that could be very well be the 'click moment' for Bhavish Aggarwal Mars Wrigley Confectionery just rolled out a brand new eponymous ... 'DOUBLEMINT Chewy Mints' will be brought alive by a digital campaign, conceptualized by creative agency BBDO The British Should've Ruled India 100 Years More: Rajasthan BSP Chief The Rajasthan BSP chief has claimed that people belonging to the Scheduled Castes and Scheduled Tribes "wouldn't have been oppressed" if the British had ruled India for another 100 years. Speaking at a campaign rally in Jaipur on Thursday, Dharamvir Singh Ashok also said, BR Ambedkar, the architect of our constitution, wouldn't have been able to do anything if the British didn't give him the "opportunity." Uniting retail: Why online versus offline debate must end The growth of online retail is blamed for the closed shopfronts on American and European streets and dead malls in India and China. Wipro to carve out separate business line for end-to-end HR solutions Analysts say the new unit will help the company to compete with bigger entities in HR process outsourcing Pepperfry narrows losses improving margins on the back of private labels, new business lines The Indias online homeware and furniture retail market, it is expected to cross $1.1 billion in revenue this year, up from about $900 million in 2016, according to industry estimates. Ivy League, high-society galas, and Jio: Isha Ambani is more than just the Reliance heiress In 2011, Isha suggested the idea to set up Jio when she came home from Yale. Internet services sector to create 12X more jobs by 2022, e-retail to drive growth E-retail, foodtech, fintech, and edtech are driving India's internet economy, a new IAMAI study finds. SMEs are expected to drive future growth.India is one of the fastest-growing internet economies i... Amazon throws darts on the Indian high street #MeToo rocks India's Advertising world It is not only media, politics and Bollywood which have been affected by the #MeToo allegations, the advertising world is also reeling from the fallout BARC THiNK: 26 New Advertising Categories Added on During Festive Months in Last 2 Years Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities -- get all the breaking news, right now. Indian Retail Comes of Age A fast growing young population and rising GDP is providing plenty of impetus for India's retail sector to thrive The Indian retail sector is one of the fastest growing industries and it is one of the few countries enjoying high growth in this sector. Some of the key elements supporting growth of the Indian retail … Fila opens its second heritage store in Mumbai Fila launched its flagship heritage store in Mumbai at Fort last month. As part of the brand's retail expansion plan for the current financial year, they have now opened doors to their second heritage store in Mumbai at Inorbit Mall in Malad. With Kala Ghoda being the upcoming shopping district for South Mumbai, the second … Sourcing, logistics and lending: How Udaan packages them to disrupt B2B e-commerce Currently, sources estimate that Udaan has been working with manufacturers in about 130 cities and delivering to buyers across 1,000 cities. Amazon, Samara seek CCI nod to acquire More supermarket chain Amazon arm will buy 49% in Samara firm Witzig Advisory, which signed a deal to acquire 99.99% of Aditya Birla Retail last month; Samara will hold 51% in Witzig, which will own ABRL if CCI okays deal Vistara pares losses as sales rise 54% in FY18 The airline, a joint venture between Tata Sons and Singapore Airlines, posted a 54% rise in revenues to Rs 2,137 crore during the year. Burger King leaves Starbucks behind ​On a per-store basis, both Starbucks and Burger King posted average sales of Rs 3 crore, lower than rival Westlife Development, which runs McDonalds in the South and West and had average sales of Rs 4 crore at each outlet.​ Infosys's rising sub-contract, staff costs worry investors India Business News: The initial enthusiasm was driven by its better than expected revenue growth and the order-booking of over $2 billion in the quarter, the highest ever PointNine Lintas Mumbai bags the Naturell India's omni-channel biz PointNine Lintas will provide a full-stack of services that includes designing the creative campaign, media buying, performance marketing, social medi.. Is gluten-free diet good for all? Experts call the trend dangerous NEW DELHI: Searching for a restaurant that offers gluten-free food in Delhi isn't difficult. Once secret, Harvard's admissions process is unveiled in federal court Some, but not all, of the secrets have buttressed Harvards elite reputation. Even a fake Louis Vuitton is a status symbol in India The monogrammed brown bag can be seen in five-star hotels and local trains Quantum Computing Researchers: Next Breed Of Tech Experts India Is Going To Fall Short Of Quantum computing has emerged as a hot topic among students and researchers with an interest in high-performance computing and materials science. Much has already been said about the quantum computing market which is expected to be worth $495.3 million by 2023.  Besides, the growth of quantum companies such as Canada's D-Wave Systems, 1QB Information Technologies… HCL Tech Q2 net profit up 16.1% to Rs 2,540 crore Recommends a dividend of Rs 2 per share India's first engine-less train set to hit tracks on October 29 The self-propelled train, fitted with CCTV cameras, would have two executive compartments in the middle with 52 seats each, whereas trailer coaches would have 78 seats each. Can You Buy Your Way Into Harvard? With the current high-profile lawsuit against Harvard University for alleged anti-Asian-American admissions biases, court proceedings have shone a light on how the 1% get their kids into elite schools. Reliance is betting that it, and not Walmart, will be Amazon's arch-rival in India If Reliance manages to execute its triple play of content, carriage, and commerce, it could become a retail juggernaut that even a seasoned global giant like Amazon will find difficult to compete with. Adding ecommerce to your sales strategy? Making it work online They have become the default buying destinations for consumers How Indians shop online and what they prefer most Nearly everyone is shopping online – 94% of consumers globally; unchanged year-over-year. But, the frequency with which consumers shop online is accelerating, said a report by Pitney Bowes. Amazon sees slower international growth, cites late Diwali sales Amazon's net sales increased 29% to $56.6 billion in the third quarter, and the company made a record $2.9 billion in profit. Korean design brand Beccos forays into India, aims 50 stores by mid 2019 South Korean designer brand Beccos has forayed into the Indian market and is looking at having around 50 stores by mid-2019, said a top company official. Also, the company has plans to invest around Rs 100 crore. The company is expecting a revenue Raymond Q2 net up 4.7 pc to Rs 65.20 cr Its total income during the quarter under review rose 16.04 per cent to Rs 1,875.70 crore as against Rs 1,616.39 crore in the corresponding period of .. 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