August 5, 2015 - Airtel buys mobile payment startup YTS Solutions; appoints Manish Khera as Airtel Money CEO

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Digital Airtel buys mobile payment startup YTS Solutions; appoints Manish Khera as Airtel Money CEO Based out of Mumbai, YTS has been developing innovative financial products focused on mass market and micro-transactions... Digital What Indian startups can learn from Infosys: Former CEO Shibulal shares In 1981, when Sarojini Damodaran Shibulal (Shibu) left Patni Computers to join Narayana Murthy and five others to start Infosys Consultants Pvt Ltd, he was Digital Mobile analytics startup WizRocket grabs $8 million from Sequoia and Accel Partners WizRocket, which helps companies increase user engagement by fine-tuning mobile, web, and e-mail notifications, has raised $8 million in new funding from.. Digital On-demand hyperlocal logistics startup Pickingo raises $1.3 million led by Orios Venture and others Pickingo is a B2B on-demand hyperlocal logistics startup, whereas Letstransport is a tech-enabled intra-city last-mile logistics provider Retail Top global business school students returning to India to join ecommerce Spurred by the boom in ecommerce and startups in India and rising investor interest, students from top global business schools are returning to India to jump on the bandwagon. Retail Indiamart shifts focus to buyers from sellers as it targets Rs 350 crore revenue this fiscal The co has set up a dedicated team of experts under the leadership of Mudit Khosla to handle enquiries on buying and selling from these clients. Retail Consumers choose marketplace over retail websites :survey Digital shoppers are increasingly starting their product searches on retail marketplace platforms, which allow third-party merchants to sell goods, before looking on an individual retailer's website, according to a report released on Tuesday by Amazon.com Inc and Pymnts.com. Retail Bengaluru based logistics start-up Lets Transport raises Rs 8 cr from Japanese VC firm, to invest in tech & team LetsTransport has raised $1.3Mn in a seed round of funding led by Singapore-based Japanese venture capital firm Rebright Partners Telecom Bharti Airtel Q1 profit rises 40% to Rs. 1554 Cr on higher data usage, tower sales Mathrani has held various leadership, marketing and sales roles earlier in India and other emerging mkts across organizations like Marico Ind. Telecom Foxconn In Talks With Adani, Micromax, Snapdeal For Mobile Phone Manufacturing in India Separately, the manufacturer of the iconic Apple iPhones is also planning to set up one or more data centres and some fab units over the next 10 years. Telecom Will banning porn reduce sexual violence? Make India a safer country for its women  Yahoo India News Telecom Aircel readies network to cater to growing consumers' data needs Buoyed over rising trend of data usage, India's fifth largest telecom operator is currently working on boosting network capabilities to facilitate consumer .. Finance Raghuram Rajan okay with 'no veto' for RBI governor on rate cuts; bats for policy continuity "The difficulty in the current system is it personalises the policy. Policy is dependent on one person, which means you can make mistakes," Rajan said. Finance JSW Energy to close JP Power project deal in two weeks JSW expects to nearly double capacity to 6,000MW from two JP Power projects and more acquisitions Finance Ola to apply for mobile wallet licence, in talks to raise funds New service planned to let users share cabs and split fares; start-up to apply to RBI for licence for semi-closed wallet Finance JSW Energy to close JP Power project deal in two weeks JSW expects to nearly double capacity to 6,000MW from two JP Power projects and more acquisitions Food/FMCG FSSAI-approved lab finds Maggi noodles safe FSSAI-approved laboratory of Central Food Technological Research Institute has found Maggi noodles to be in compliance with the food safety standards. Food/FMCG Britannia aiming to be a total foods company: MD, Varun Berry Britannia Industries said it is aiming to be a total foods company, which formed the long-term strategy of the primarily biscuit manufacturing firm. Food/FMCG After 56% rise in Q1 profit, Britannia to spend Rs 500 crore on capital expenditure Britannia will look to spend Rs 500 crore on capital expenditure as part of a substantial investment plan for the next 2-3 years, companys chairman Nusli Wadia said. Food/FMCG Viiking Ventures acquires Goa Kings beer for Rs 90 crore Viiking Ventures, which has interests in hospitality, media and entertainment sectors, among others today announced the acquisition of Goa Kings (formerly known as Kings) beer for Rs 90 crore. Software Foxconn plans to invest heavily in India : Will be building a major manufacturing hub Taiwanese electronics giant Foxconn on Tuesday said it was going to invest in India across verticals like manufacturing, start-ups, energy and e-commerce portals and was also looking at bringing supply chain companies and major technologies here. Software Lateral hiring focus at Indian IT firms results in an increase in the average employee age At Indias top five outsourcing firms, the average age of employees is nearly 30, compared to the decade of the 2000s when the average age was around 25. Software Infosys pushes effort to rejuvenate growth : Rejigs manufacturing vertical In an effort to rejuvenate growth in its manufacturing business vertical, Infosys has Software Chennai-based Zoho Corp launches website analytics software for providing real-time information Launches Two Innovative Products, Including the New Zoho Mail That Brings Social Media-Like Features to Mail Facilitating Better Collaboration Ecommerce Myntra in talks with top executives at global firms to invite them to join its independent board; plans to grow tenfold in the next four years Myntra is in talks with top executives at global firms to invite them to join its independent board that it plans to set up. Ecommerce Snapdeal kicks off diversity initiative 'Advitya' in a bid to attract and retain talent; rolling out initiatives for employees who are parents Diversity is the next big thing on Snapdeal's to-do list as the Delhi-based online marketplace seeks to attract and retain talent... Ecommerce Flipkart to step up senior-level hiring in mobile technology push; plans to hire 5 vice-presidents in product, engineering roles The e-commerce firm plans to hire 5 vice-presidents in product, engineering roles under its new technology leaders Ecommerce Myntra expects in-house brands to generate annual revenues of $100 million each, set to build own brands to generate higher market share, margins Myntra, which went app-only in June, has a user base of 12 million, who spend an average of Rs 1,800 per transaction HR Ecommerce firms like Flipkart, Snapdeal set to recruit aggressively from top engineering institutes Flipkart, Snapdeal, Quikr, Urban Ladder, CultureAlley and others are readying lucrative offers to woo students at IITs, NITs and other institutes. HR Why Businesses Need to Attract, Advance, and Retain Women (and Minorities) How the 80/80/80 Solution is the Critical Foundation of an Integrated Women's Leadership Strategy (Part Two of a Four Part Series) The majority of organizations today cannot articulate in simple HR 7th Pay Commission: Economists Expect Salary Hikes to Trigger Growth The 6th Pay Commission played a key role in insulating the Indian economy from the shocks of the Lehman crisis of 2008. According to Bank of America Merrill Lynch, higher salaries - resulting from the implementation of the 6th Pay Commission - drove two-wheeler and car sales, and led to a recovery in cement demand. HR FabFurnish downsizes workforce by a fourth as part of business restructuring The company said it has "undertaken a resource optimisation exercise" and is "hiring a talent pool ideal for our new business positioning". Logistics ShopClues to launch new categories of 'unboxed' electronic goods; offers 20-25% discount on these new, yet opened products that are returned by customers Enthused at the response it received recently to the marketing of 'unboxed' handsets a Logistics Toll-operate-transfer( TOT): Private tolls to fund new roads; currently toll makes an average of 10% contribution to the project cost annually As per toll collection data available with the National Highways Authority of India (NHAI), over 40 per cent of toll projects are currently generating more than 10 per cent of the project completion cost annually. Logistics Gateway Distriparks Ltd. rapidly expanding on India's southeastern coast; building a CFS on 48 acres at Krishnapatnam and plans an ICD near Ahmedabad at Viramgam The port-based logistics provider said it has acquired 48 acres adjacent to the Krishnapatnam port, near Chennai, for the construction of a new container freight station a month after the company kicked off a plan to build an inland container depot center at Viramgam, near Ahmedabad in Gujarat State. Logistics Stock market gives wind to wings: Jet Airways, SpiceJet Surge on Aviation Fuel Price Cut ** Jet Airways (India) jumps 6.7 pct while SpiceJet is up 3.9 pct** India Oil Corp cuts aviation turbine fuel pricesby 8.4 pct to 9.7 pct - Reuters calculations based on IOC's datashows** Relative valuation on likely Indigo-Qata Construction Real Estate sector disappointed with status-quo by RBI, No rate cuts this time as well Real Time News, India Real Estate sector disappointed with status-quo by RBIReal Time News, IndiaEven as many voices said that the Reserve Bank of India is unlikely to cut interest rates further this year, the real estate sector -- though disappointed by today's actions -- is holding out hope that it will do so in coming months. On the RBI's Construction Projects implementation costs rise sharply in Rajasthan, up by Rs 1 lakh crore: Assocham Poor execution of 89 investment projects in Rajasthan has pushed up their cost by Rs 1 lakh crore, i.e over 53 per cent of their actual cost. Construction UltraTech Cement seeks shareholders approval to raise INR 90bn for NCD issue, India The board of UltraTech Cement Ltd has sought shareholder approval to raise up to INR90bn rupees via issue of non-convertible debentures (NCD) on a private placement basis, the company said in a re... Marketing Ecomm, tech firms to boost cricket advertising by 15-20% in next 3 years : Report Cricket advertising is poised to grow 15-20 per cent in the next three years, overcoming a slowdown over the past two years. Marketing Nestlé India looks for ad boost to arrest Maggi row fallout : Report Firm has traditionally been conservative about advertising. From 2010 to 2014, spending on advertising and promotions was at 4.2-4.8% of total income Marketing Why On-screen Cinema Advertising is a Hit in India : Report Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities Politics Woman IAS Officer Highlights Rampant Misogyny In Criminal Justice System In Viral Facebook Post Politics CPI(M) accuses Mamata govt of failing to provide relief Politics Rajan says not worried about Fed rate hike impact on economy Politics Modi Government Plans To Pay Beggars To Sing Its Paeans Sports Pro Kabaddi League: Telgu Titans begin home leg with tie Telgu Titans draw with Jaipur Pink Panther while U Mumba beat Delhi Dabang in Pro Kabaddi League. Sports India tour of Sri Lanka: For tourists, an Island of struggle India have won just 4 of the 18 Tests on Sri Lankan soil, an indication of what lies in store for Kohli's team. Sports What a shot! 40 amazing sports photos Take a look at 40 amazing sports photos from July 28 through August 3. Sports Q A: Kobe Bryant talks retirement, playoffs and life after basketball From Yahoo Sports: After 19 NBA seasons, the Lakers' stars says he feels great and is ready for new challenges, even if he hasn't made a final decision on retirement. Entertainment Scoop Eros Kishore Lullas secret meet with Shah Rukh Khan in LA Scoop Eros' Kishore Lulla's secret meet with Shah Rukh Khan in LA - BollywoodHungama.com news. A huge deal seems to be cooking up between Shah Rukh Khan and Eros Entertainment Entertainment Robert Downey Jr still world's best-paid actor as Bollywood stars crowd top 10 Centuries from Martin Guptill and Tom Latham led New Zealand to a 10-wicket romp as they chased down 236 without loss to level the ODI series 1-1 Entertainment Salman Khan's 'Bajrangi Bhaijaan' collects Rs 292.23 crore in India Salman Khan's 'Bajrangi Bhaijaan' has collected a whopping Rs 294 crore in India. TradeBriefs Publications are read by over 10,00,000 Industry Executives India Business Brief | India Retail News | India Food Brief | India Telecom Brief | India Finance Brief | India Software Brief | India Digital Brief | India Ecommerce Brief | India Franchise Brief | India HR Brief | India Logistics Brief | India Construction Brief About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. 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August 3, 2015 - Google offers paid apps on Play Store for Rs 10 to increase user base

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Digital Google offers paid apps on Play Store for Rs 10 to increase user base Apple is not known to excite its consumer base in India but with numbers like 400% growth, even for a brand like theirs it is hard to go unnoticed. Things Digital Aavishkaar invests Rs 32 cr in Connect India to enhance ecommerce in rural sector YourStory.com YourStory.comEarly stage investor Aavishkaar said it has committed to invest of Rs 32 crore in Connect India, which is into building last mile network of distribution points for ecommerce across the country. Digital How Indian startup SmartVizX is using virtual reality in real estate & product design It's the new kid on the tech block taking the world by storm. Facebook placed its bets on it first, and now Microsoft, Google are following suit. Digital Homing in on bug bounties Some Indian firms are following in the footsteps of US biggies by allowing ethical hackers to test their systems and rewarding them for bug discoveries Retail Last mile trouble: Logistics staff strike puts Flipkart, Myntra in a fix Employees seek better pay, fixed hours; MNS wing threatens to intensify stir. Retail Sourcing norms for single-brand retail likely to be reviewed Rules for foreign investment in single-brand retail might be tweaked again, if signals coming from the government and the industry are any yardstick. The Narendra Modi-led central government, opposed to foreign direct investment (FDI) in multi-brand Retail How fashion portals making changes at the helm as focus shifts to margins The boom in the online fashion segment is such that the Seattlebased ecommerce giant is creating its own private label in the fashion and lifestyle segment. Retail Hyperlocal Zopper eyes US$ 200-million GMV by March, to hire 130 people Zopper aims to double its gross merchandise value (GMV) run rate to US$ 200 million by the end of the fiscal, buoyed by strong growth in electronic item sales. Telecom Snapdeal raises $500 million more in a fresh round; Alibaba, Foxconn and Softbank pick up stakes Both Alibaba Group and Foxconn, best known as a manufacturer of Apples iPhones, had been in protracted negotiations with Snapdeal to invest in the latter. Telecom Why InMobi may be India's most innovative company Operating across over 20 countries, pitted against giants, InMobi knows well that it can win the game only on the back of disruptive technology... Telecom Airtel plans to ramp up 4G presence to touch at least 100 cities by the year-end NEW DELHI: Bharti Airtel, India's biggest cellphone carrier, plans to ramp up its 4G presence to touch at least 100 cities by the year-end while continuing to offer the service at 3G prices for the foreseeable future to make the most of its first mover ... Telecom Indian telecom service providers added 1.14 million rural mobile phone connections Indian telecom service providers added 1.14 million rural mobile phone customers in June to reach a total of 346.28 million users, a sequential increase of 0... Finance Banks wary of funding India Inc as cos struggle with high debt - A clutch of big public sector banks such as Union Bank of India, Punjab National Bank and Bank of Baroda are not lending to companies, while Bank of India, which saw a 84% drop in net profit in the April-June quarter is trying to consolidate its book. Finance NTPC may drop private project buyout plans Move comes in wake of power producer focusing on buying stressed generation assets from state sector units. Finance How Indian NBFCs are stealing a march over PSBs Likely to account for 17.1% of total credit by 2018-19, against 13.1% at the end of 2014-15 Finance Hong Kong fines SBI for anti money-laundering lapses The Hong Kong Monetary Authority (HKMA) has fined the local branch of State Bank of India (SBI) for contravening specified provisions in its Anti-Money Laundering and Counter-Terrorist Financing (Financial Institutions) Ordinance. Food/FMCG New products, higher advertisement spend on Nestle's revival agenda The company's newly appointed Managing Director, Suresh Narayanan, who officially took over the role on Saturday, said at a media briefing that bringing Maggi back to the market was at the top on his five-point agenda. Food/FMCG Henkel brands giving Jyothy Labs a leg up The ₹1,525 crore Jyothy Labs, which has traditionally been a South-focussed company, n Food/FMCG JL Morison to enter more baby care categories this fiscal JL Morison is planning to enter more product categories with the launch of diapers, toiletries and apparel this fiscal to tap the fast growing baby care market. Food/FMCG How eCommerce has Changed the Way People Buy Cosmetics Online Shoppers across the globe are increasingly turning to web to buy things they need and eCommerce culture has certainly changed the habits of people in a big way. Software Uber valued at more than $50 billion : Receives $100 million from Microsoft Uber Technologies Inc. has completed a new round of funding valuing the five-year-old ride-hailing company at close to $51 billion, according to people familiar with the matter, equaling Facebook Inc.'s record for a private venture-backed startup. Software Cognizant, Infosys and others eye the BPO services market : May set up call centres for healthcare and insurance These firms promise to offer a variety of innovations such as reminder calls to patients for consultations, help in fixing up appointments. Software Govt asks ISPs to block 800 adult websites : More under review Indian government asks ISPs to block over 800 porn websites: Report - Over the weekend, many Indians woke up to the new reality that they might not be able to access most of the popular porn websites. Ecommerce Snapdeal raises $500 million more in a fresh round led by Chinese e-commerce giant Alibaba Group and Taiwanese electronics manufacturer Foxconn alibaba has now invested $500 Mn in ecommerce biggie, Snapdeal. Ecommerce Zopper aims to double its gross merchandise value run rate to US$ 200 million by the end of the fiscal; plans to take its headcount to 250 people Zopper aims to double its gross merchandise value (GMV) run rate to US$ 200 million by the end of the fiscal, buoyed by strong growth in electronic item sales.. Ecommerce Aavishkaar invests Rs 32 cr in Connect India to enhance ecommerce in rural sector; to launch its commercial operations in 17 States, 150 towns and cities Aavishkaar has invested Rs 32 crore in e-commerce logistics firm Connect India, the country's largest impact investment firm announced on Friday... Ecommerce Non-banking finance companies increasingly lending to sellers on major ecommerce marketplaces such as Snapdeal and Flipkart Bajaj Finance, for example, has rolled out a scheme to provide loans of up to Rs 2 crore for sellers of Flipkart and has processed 100 applications. Franchise Franchisee Journey: From father who almost lost his kid to swimming accident to British Swim School franchisee focused on water survival Howard Berkowitz was drawn to the British Swim School when his own son nearly drowned. Franchise Make sure these toxic behaviors are not bogging down your team Toxic behaviors connected to communication: Assume silence is agreement. Overstate teammate's opinions and question their motives. Sweep difficult topics under the carpet. Speak for others. Begin sentences with "you" - you always and you never. Polish terminology until the message is lost, obscure, and acceptable to everyone on the planet. Toxic behaviors connected to lack… HR Why India's IT firms are retraining masses of employees Nearly every one of India's IT firms is talking about training employees as they shift gears towards digital services. Discover what other bets some of these companies are making. HR India's Snapdeal, an Amazon Competitor, Raises $500 Million From Alibaba The investment sharpens the competition between Alibaba and Amazon in India. HR Engineering Jobs In The Asia-Pacific: Help Is On The Way There are plenty of engineering jobs in the Asia-Pacific, with a big push to diversification into design, manufacturing and developing a cybersecurity workforce in India. HR Big Data and HR: Why HR Needs to Enter the Game Big data is everywhere. For years, big data seemed to be for the data geeks and the super quant jocks, but today it's used in marketing, customer service, operations and even human resources. Logistics LBT abolished for traders with less than Rs 50 crore turnover in Maharashtra Maharashtra government today informed the Legislative Council that the controversial Local Body Tax (LBT) would be abolished by August 1 for traders with a turnover of less than Rs 50 crore in 25 municipal corporations. Revenue minister Eknath Logistics Smog-belching refrigerated trucks might soon emit harmless nitrogen instead wih the help of cryogenic technology A lot of progress has been made with batteries designed to store electrical energy and drive engines, with consumer electric cars are gaining popularity for the cheap fuel and low emissions that make buyers happy and help countries meet clean air targets. But a whole other world of dirty, outdated technology is still pumping carbon dioxide and other pollutants... Logistics Shipping ministry launches Sagarmala Project in Karnataka; the goal is to enhance port led development for further enhancing infrastructure Bengaluru: Sagarmala project aimed at port-led development launched Logistics Yamaha R3 being launched with 321 cc to flex muscle with KTM RC390 and Kawasaki Ninja 300 in the same category - Comparo Here is a full spec-sheet comparison of the Yamaha R3 vs KTM RC390 vs Kawasaki Ninja 300. The Yamaha YZF-R3 launches in India on August 11. Construction Builders want revolution in real estate Dream home: Builders want a revolution in real estate sector - To meet the growing housing demand, like green and white revolutions, there must be a real estate revolution, feels developers and experts. They say such a revolution will create surplus housing across the state and particularly in the Mumbai Metropolitan Region. Construction Singapore based Ascendas India trust acquires building for Rs 294 cr in Hyderabad Ascendas Property Fund Trustee Pte Ltd, a Singapore-based trustee manager of Ascendas India Trust (iTrust), on Friday said it has completed the acquisition of aVance 3, a multi-tenanted IT building for Rs 294 crore (S$63 million). Construction Will Government Projects act as a lifeline for Cement Industriy Cement Industries Pin Hopes on Government ProjectsDr Ramachandra, South India technical head of Ultra Tech cement observed that though cement is produced based on the existing demand, a deficit in capacity utilisation exists due to factors like failure of projects, delay in existing projects, and even  Construction Tender to widen NH-24 to tackle congestion floated by NHAI The 16-lane project will include six-lanes as expressway, making it an access-controlled highway Marketing Huawei Overtakes Microsoft In The Smartphone Market : Trends The latest research from Strategy Analytics has revealed that Huawei has overtaken Microsoft to become the world's third largest mobile phone vendor. The news isn't great for Microsoft's phone division, which has been conceding market share since the company acquired… Marketing Ambush marketing reaches digital TV space with Star-Zee ad war : Report Ditto in its latest ad asks 'Akele TV kaun dekhta hai yaar?', taking potshots at Hotstar that encouraged people to go solo with its launch campaign. Marketing Priority is to bring back Maggi to the market : says Nestle India chief "Task number one is to get Maggi back. That's an important part of what I will be focussing on," Narayanan, who took over as new managing director of Nestle India five days ago, said in an interaction with reporters. Politics Vyapam scam: Getting transparent probe done, guilty won't be spare, says Shivraj Chouhan None of the guilty in the Vyapam scam will be spared, Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Sunday said even as he rejected Congress's demand for his resignation over the matter. Politics Parliament logjam will continue unless corruption issues involving BJP ministers resolved: Cong The logjam in Parliament will continue unless "corruption issues" involving BJP ministers are resolved, senior Congress leader Jyotiraditya Scindia said. Politics My sincere services for Cong never appreciated: Shashi Tharoor writes to Sonia Gandhi Former Union Minister Shashi Tharoor, who was recently snubbed by Congress President Sonia Gandhi, has complained to her that his "sincere" services to the party have "neither been seen nor appreciated". Politics Independence Day Speech Countdown – Pradhan Mantri Jan Dhan Yojana Success Stories These stories explain how Pradhan Mantri Jan Dhan Yojana is helping people in villages. Sports Happy Friendship Day: MS Dhoni wishes, remembers 2011 World Cup team Dhoni posted a picture of the 2011 World Cup winning Indian team with the trophy and wished "Happy Friendship Day" Sports Indian women seal silver at World Archery Championships This is India's best ever show in the World Archery Championships where they are in hunt for a third medal. Sports Arsenal edge Chelsea 1-0 to lift Community Shield at Wembley Oxlade-Chamberlain's lone strike was enough to power the Gunners to a win at the home of English football. Sports Shah Rukh Khan free to enter Wankhede after MCA revokes ban The MCA had banned Shah Rukh Khan from entering the Wankhede for five years in 2012. Entertainment Theatre not Aditya Roy Kapur's cup of tea Aditya Roy Kapur feels he can never be part of a live play because remembering multiple dialogues is tough. Entertainment Native village remembers legendary singer Mohammed Rafi Mohammed Rafi's native village Kotla Sultan in Punjab's Amritsar district paid tribute to the legendary playback singer on his 35th death anniversary. Entertainment Mother didn't allow me to watch commercial Hindi, Bengali films: Konkona Sen Sharma Konkona Sen Sharma was not allowed to watch commercial entertainers either in Hindi or her Bengali. Entertainment 'Drishyam' actor Ajay Devgn meets Akhilesh Yadav, lauds UP's film policy Ajay Devgn, Shriya Saran and Kumar Mangat met Uttar Pradesh Chief Minister Akhilesh Yadav and appreciated the state's film policy. 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