Tuesday, December 18, 2018

December 17, 2018 - Raising the bar: Restaurateurs want to change the game, and focus more on gourmet food

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TradeBriefs Editorial From the Editor's Desk

Why Hiring 'Rebel Talent' Is the Best Way to Grow Your Business, According to a Harvard Professor - Inc
If you're like most leaders, you want your company to grow faster and to have fun doing it. What might surprise you is that the youngest professor ever to win full tenure at Harvard Business School says you can achieve these twin aims simultaneously.
The professor in question is Francesca Gino, the Tandon Family Professor of Business Administration at Harvard Business School. Her book Rebel Talent is among 2018's best business books. Gino's basic premise is that rebels -- people who consciously don't follow the rules, or have great difficulty doing so -- are good for business.
As she explains in her book, rebels reject the idea that there are limits on what they can achieve. And they act in peculiar ways to reach their aims -- they "break, transform, and create."
By their very definition, rebels represent a threat to a leader who has a command-and-control mentality. Such leaders issue commands to their workers and reward the people who carry out those commands the most effectively. If you are such a leader, it seems to me that you'll have trouble hiring rebels and letting them do their thing.

Continued here

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Retail
Japanese brand Miniso planning to source Indian products to Australia, US
Japanese brand Miniso planning to source Indian products to Australia, US
Japanese brand Miniso planning to source Indian products to Australia, US - Japanese retail brand Miniso plans to source India-made products for its stores in the US and Australia, said a top company official.


Retail
Raising the bar: Restaurateurs want to change the game, and focus more on gourmet food
Raising the bar: Restaurateurs want to change the game, and focus more on gourmet food
The line between bars and restaurants often gets blurred in India.


Retail
More Than Just Mail: India Post Joins Ecommerce Fray With Shopping Website
More Than Just Mail: India Post Joins Ecommerce Fray With Shopping Website
Indian minister of communications, Manoj Sinha, said that the company is now open to all vendors to register on its shopping website.


21 More Retail Stories

New generation of bars in India are now offering quality food too
New generation of bars in India are now offering quality food too
The line between bars and restaurants often gets blurred in India.



 IT Audit -26th Sept'18 , Mumbai

Telecom
Mukesh Ambani's Reliance Jio in talks with US handset company Flex for smartphone production

Jio is in talks with US manufacturer Flex for locally producing about 100 million mobile phone handsets.


Telecom
COAI bats for single audit exercise for telcos

Mathews said the authorities that require audits to be conducted can spell out their requirements and the details they need, to the firm selected from..


Telecom
Micromax strengthens international play, to foray into South Africa

Micromax, which is facing intense competition from Samsung and Chinese players like Xiaomi, Oppo and Vivo, among others, in the Indian market, operates in Russia, Middle East, Nepal, Bangladesh and Sri Lanka.


14 More Telecom Stories

Vodafone Idea: No need to hold spectrum auction until 2020

India's largest telecom operator Vodafone Idea has urged the telecom department not to hold spectrum auction till 2020, on the grounds that fresh need..



Finance
Kotak Mahindra Bank Vs RBI: A Story In Letters

More than 35 letters and emails on reduction of promoter stake were shared between RBI and Kotak Bank between 2008 and 2018.


Finance
GST led to 'household savings' as tax rates came down: Report

An analysis of household expenditure pre and post GST rollout shows tax rates have come down on as many as 83 items including on food and beverages as well as daily use goods like hair oil, toothpaste, soap, washing powder and footwear


Finance
Funding Galore: Indian Startup Funding Of The Week [10-15 Dec 2018]

In all, this week, 17 startups raised about $720.96 Mn across sectors while three acquisitions took place in the Indian startup ecosystem.


16 More Finance Stories

The sops Arun Jaitley will have to design now could test him to the limit

Jaitley has templates available if he wants to dole out sops this budget. But how far can he really go?




Today's TradeBriefs Cartoon
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Food/FMCG
Indian FMCG sector gaining momentum with changing lifestyles: Industry experts

Brands that matter will be those that stand up for an issue — societal or environmental — and are defined by authenticity and consistency


Food/FMCG
How food prices lost their bite

Food inflation has been low for an extended period. What can it mean, economically and politically?


Food/FMCG
FMCG majors reinvent strategy to tap consumer demand

Consumer companies are betting on premiumisation and efficient distribution models to tap demand.


5 More Food/FMCG Stories

The dark chocolate rises

Confectionery brands are expanding their portfolio as premium chocolates find takers. But it's a bittersweet growth curve.



Software
Mastercard says it will start deleting data of Indian cardholders from global servers

Mastercard will delete data of Indian cardholders from global servers but warned that it would have an impact.


Software
Infosys to divest stake in CloudEndure for USD 15.3 mn

NEW DELHI, Dec 15: IT giant Infosys Saturday said it has inked a pact to divest its shares in Israeli startup CloudEndure Limited for a total


Software
Infy in JV with Hitachi for bigger role in Japan

India Business News: In a bid to get a better foothold in Japan, Infosys has acquired 81% in Hitachi Procurement Service, Hitachi's wholly owned subsidiary that handles in


9 More Software Stories

C-DAC, Atos cut Rs 4,500 crore deal for supercomputers

Speaking at the ceremony, French foreign affairs minister Jean Yve Le Drian said that the agreement would also deepen bilateral ties between the two countries.



taggit



Ecommerce
More Than Just Mail: India Post Joins Ecommerce Fray With Shopping Website

Indian minister of communications, Manoj Sinha, said that the company is now open to all vendors to register on its shopping website.


Ecommerce
Amazon, Flipkart and Paytm among top digital advertisers in 2018

Amazon, Flipkart and Paytm are top three e-tailers in terms of the number of ad insertions on digital medium in this year, from January to November.


Ecommerce
Trends that will shape India's ecommerce in 2020

India's ecommerce sector has seen a hockey stick growth in the past few years. From the pioneering days of IndiaPlaza and Flipkart, which had to create the ecosystem from the ground up, to Walmart's acquisition of Flipkart at a heady $16 billion valuation, India as a market has evolved tremendously.


2 More Ecommerce Stories

Urban Mining Has The Potential To Unlock Indias E-Waste Economy

E-waste thus represents a multi billion-dollar industry for the country, so long as e-waste is placed in the right channels, , e-waste, Urban Mining



Digital
Ultra full-time days, varying incentive pay: India's food delivery people want a better deal

A viral video has brought into focus their gruelling work conditions and confusing payment structures.


Digital
Twitter 'fits perfectly' in India, says CEO Jack Dorsey

Social media platform looks to curb political interference ahead of key election


Digital
The high price of 'free' digital platforms like Facebook and Google

Facebook's attitude, as well as the potential of faceless digital control over private lives, is immeasurably sinister


15 More Digital Stories

The billionaire sponsoring school dropouts and a former car thief

While Xavier Niel supports rookie entrepreneurs, Elon Musk wants to build a Tesla store in his homeland




Franchise
Yellow Tie Hospitality plans USD 30 mn investment to open over 300 outlets of its brands

"Yellow Tie Hospitality will be investing up to USD 5 million," Yellow Tie Hospitality Founder and CEO Karan Tanna told PTI.


Franchise
Tanishq bets big on small cities

India Business News: Kolkata: Tanishq, the jewellery brand of Titan Company, plans to spread two-third of its expansion footprint across tier-II and tier-III geographies.


Franchise
Miniso planning to source Indian products to Australia, US

Miniso India is also investing to set up its own warehouses in Delhi, Mumbai, Kolkata and Bengaluru to cater to its expanding network.



HR
The backstory of the boy who delivers your food order at your doorstep

The daily effort to calm impatient customers and earn the maximum money has both physical and mental consequences.


HR
How Background Verification Can Help to Hire the Right Candidate?

There have been many unfortunate incidents, more so in the recent past, where companies have had to face financial and reputational loss due to frauds or misbehaviour of their employees. Ways such as background intelligence may sound intrusive to many & may challenge privacy concerns but when done with a specific goal in mind & by taking in a consent from the prospective employee – could really mitigate risks for the employers – risks that may have far bigger financial & reputation risks than imagined.


HR
India is amongst the top three countries to accept automation at workplace

The study also showed that employees on the whole are becoming more comfortable with automation in the workplace


7 More HR Stories

Mindtree founders resist as Siddhartha exit sparks M A jitters

India Business News: Siddhartha, through multiple entities, owns about 21% in Bengaluru-based Mindtree, while its founders — Subroto Bagchi, N S Parthasarathy, Krishnakuma




Logistics
Naresh Goyal's 'turnaround' man Nikos Kardassis leaves Jet Airways

Kardassis served Jet Airways as its CEO in two stints spanning over 14 years.


Logistics
Projects Worth Rs 44,600 Crore Underway For Rail Connectivity To Ports

Sagarmala is a port-led development program of the country which reduces logistics cost for both overseas and domestic trade.


Logistics
Projects worth Rs 44.6k crore underway for rail connectivity to ports

IPRCL has taken up 32 projects worth Rs 18,253 crore across nine major ports, of which eight projects worth Rs 175 crore have been completed, a Shipping Ministry official said.


19 More Logistics Stories

After Artificial Intelligence, Railways turns to Emotional Intelligence to improve customer experience

"There have been circumstances where officers were not been able to sustain pressure in demanding situations, which impacted decisions," said a senior Railway Ministry official.



Construction
Govt revenue from land deals up, signs of realty revival?

CHENNAI: Marking a revival of sorts for Tamil Nadu's sluggish real estate market, revenue from land deal registrations has risen by Rs 1,500 crore in .


Construction
Asia Pacific a hotbed of property technology innovation

PROPTECH IS a new business model for Asian countries as property firms realise they need to innovate more to drive their business growth for the long term.


Construction
Housing sales seen up 25% in 2018; supply down 22% in 9 cities: PropTiger

The nine cities tracked by PropTiger are -- Mumbai, Pune, Noida, Gurgaon, Bengaluru, Chennai, Hyderabad, Kolkata and Ahmedabad.


5 More Construction Stories

Dubai's Emaar to increase investment in India
Senior Indian government ministers were told Emaar wants to invest in logistics, food storage, and property




Marketing
How Indian brands aim high with rivals dominating the mainstream market

More and more Chinese tech giants entering the Indian continent citing better sales and higher profits.


Marketing
'As digital era unfolds, brands need to know their customers'

As APAC's 2 billion internet users grow at a scorching 8 per cent a year, with the region's digital economy projected to top $1.12 trillion by 2021, speakers at a recent seminar said it is high time b


Marketing
Dear Brands, it's okay to promise less...

... as long as you deliver on it. Customer expectations have changed and so should brand promises.


635 More Marketing Stories

Animal wins creative mandate for OYO Hotels and Homes

The new-age creative shop bagged the mandate following a multi-agency pitch held in April



Politics
Kamal Nath, Ashok Gehlot And Bhupesh Baghel To Take Oath Today
Kamal Nath, Ashok Gehlot And Bhupesh Baghel To Take Oath Today
Kamal Nath, Ashok Gehlot and Bhupesh Baghel will today take oath as the Chief Ministers of Madhya Pradesh, Rajasthan, and Chhattisgarh, respectively. Preparations are on in full swing and arrangements are being made for security, dais, seating arrangements at the respective venues in Jaipur, Bhopal and Raipur.


Politics
Manohar Parrikar Inspects Bridge In Goa With Doctors By His Side
Manohar Parrikar Inspects Bridge In Goa With Doctors By His Side
Goa Chief Minister Manohar Parrikar, who has been unwell for some time over a pancreatic condition, inspected a half-constructed bridge on Mandovi river on Sunday in his first public appearance since he spent months in hospital in Delhi. He had a tube in his nose and appeared to be walking with support.


Politics
Rahul Gandhi Completes First Year As Congress Chief Amid Poll Victories
Rahul Gandhi Completes First Year As Congress Chief Amid Poll Victories
Electoral revival in major Hindi heartland states and democratisation of Congress party's organizations were the hallmarks of Rahul Gandhi's first year as the party president.


6 More Politics Stories

Ensure Passage Of Women's Reservation Bill In Parliament: Vice President
Ensure Passage Of Women's Reservation Bill In Parliament: Vice President
Vice President Venkaiah Naidu appealed to all political parties to arrive at a consensus and ensure the passage of Women's Reservation Bill for providing reservation to women in Parliament and state legislatures.




Sports
India vs Australia 2018: No disrespect to Sachin Tendulkar, Brian Lara, Ricky Ponting; Virat Kohli is the best, says Michael Vaughan
India vs Australia 2018: No disrespect to Sachin Tendulkar, Brian Lara, Ricky Ponting; Virat Kohli is the best, says Michael Vaughan
Virat Kohli on Sunday became the second fastest player to scorer 25 Test centuries. He achieved the feat in 127 innings, behind Sir Donald Bradman's 68 innings.


Sports
Hockey World Cup 2018: Belgium win maiden World Cup twice in one night
Hockey World Cup 2018: Belgium win maiden World Cup twice in one night
In one night, Belgium did something they had never done before - twice. With 3-2 (0-0) scoreline in shootouts, the Red Lions secure the gold.


Sports
2022 FIFA World Cup: Qatar embarks on a much greater journey as it continues to prove its detractors wrong
2022 FIFA World Cup: Qatar embarks on a much greater journey as it continues to prove its detractors wrong
In the run up to the 2022 World Cup, Qatar has been faced by constant criticisms but continues to take it all in its stride...


9 More Sports Stories

World Tour Finals: Hope no one will question me about my final losses anymore, says PV Sindhu
World Tour Finals: Hope no one will question me about my final losses anymore, says PV Sindhu
After losing seven successive summit clashes, PV Sindhu finally settled her finals blues with a 21-19 21-17 win over Japan's Nozomi Okuhara to lift the prestigious season-ending trophy.



Entertainment
India's Nehal Chudasama Out Of Miss Universe 2018
India's Nehal Chudasama Out Of Miss Universe 2018
India's Nehal Chudasama failed to make it to the Top 20 shortlist at the Miss Universe 2018 contest in Bangkok.


Entertainment
Akshaye Khanna and Rahul Khanna's mom Geetanjali Khanna passes away
Akshaye Khanna and Rahul Khanna's mom Geetanjali Khanna passes away
Late Bollywood actor Vinod Khanna's first wife, Akshaye Khanna and Rahul Khanna's mom Geetanjali Khanna passed away at the age of 70 at the family's farmhouse in Maharashtra's Raigad district. Akshaye and his mother were at their farmhouse this weekend when she complained of uneasiness on December 15th evening. She was taken to the hospitalRead More


Entertainment
Artistes, writers urge Pakistan PM to lift Manto ban
Artistes, writers urge Pakistan PM to lift Manto ban
Nawazuddin Siddiqui had played the lead in the Nandita Das directorial Manto, a film which follows the most tumultuous years in Saadat Hasan Manto's life.


13 More Entertainment Stories

Shakira charged with tax-evasion in Spain
Shakira charged with tax-evasion in Spain
Shakira said in a statement that she was not a legal resident in Spain during the years in question and owed nothing to the Spanish tax authorities, who are using her ``as a scapegoat'' to frighten other taxpayers into coming clean.




Work
Charted: The tug-of-war between Twitter and the Indian government over user data
Charted: The tug-of-war between Twitter and the Indian government over user data
Twitter is also getting choosier about when it will grant such requests.


Work
How Morgan Stanley wooed Uber for its IPO business
How Morgan Stanley wooed Uber for its IPO business
Banks have been eyeing Uber's IPO business since the rides company leapt to a multibillion-dollar valuation in 2013.


Work
China's car companies have no shame copying foreign designs
China's car companies have no shame copying foreign designs
Some copies may only have the head-lights or tail-lights of a foreign car. But quite a few are almost identical copies.


6 More Work Stories

Ghosting at work is now big enough that it caught the Fed's attention
Ghosting at work is now big enough that it caught the Fed's attention
It's happening at restaurants, hotels, and office jobs.



Life
Ego: The Enemy Of Good Leadership
Ego: The Enemy Of Good Leadership
Even if we can't operate as humans without an ego, we need to be aware of how an ego can control our leadership behaviour - and not always for the better.


Life
An Indian electric vehicle pioneer is betting big on e-rickshaws
An Indian electric vehicle pioneer is betting big on e-rickshaws
Mahindra Electric is placing its hopes on shared mobility.


Life
Porn sites collect more user data than Netflix or Hulu. This is what they do with it.
Porn sites collect more user data than Netflix or Hulu. This is what they do with it.
If you've ever watched porn, you've handed over valuable information to some of the most influential sites on the internet.


13 More Life Stories

The brief but satisfying pleasure of not taking feedback well at all
The brief but satisfying pleasure of not taking feedback well at all
Accepting criticism well is a leadership skill. Not everyone has it.




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