Monday, July 13, 2015

July 13, 2015 - Top Stories of the week: TaxiForSure CEO Arvind Singhal quits; Delhi HC lifts ban on Uber; Shaadi.com founder Anupam Mittal steps down

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Digital
Top Stories of the week: TaxiForSure CEO Arvind Singhal quits; Delhi HC lifts ban on Uber; Shaadi.com founder Anupam Mittal steps down
Top Stories of the week:  TaxiForSure CEO Arvind Singhal quits; Delhi HC lifts ban on Uber; Shaadi.com founder Anupam Mittal steps down - Inc42 Magazine
Due to the increasing popularity of online trade and expansion of e-commerce services which has opened floodgates providing access to millions of new consu

Digital
Exposed: Indian intelligence agencies seeking technology for mass phone tapping, reveals WikiLeaks
Exposed: Indian intelligence  agencies seeking technology for mass phone tapping, reveals WikiLeaks - Times of India
Indian intelligence agencies could be trying to acquire sweeping interception capabilities, including on phones abroad, according to the latest batch of emails made available by WikiLeaks.

Digital
India Post parcel revenue jumps 37%, thanks to e-commerce boom | Business Line
India Post  parcel revenue jumps 37%, thanks to e-commerce boom | Business Line - Hindu Business Line
The Postal Department's strategy to focus on fast growing e-commerce segment has bore

Digital
Foxconn plans to set up India investment fund; incubator for tech startups | Business ...
Foxconn is already manufacturing for Chinese phone maker Xiaomi and Micromax in India


Retail
Snapdeal to invest $200 million to improve logistics, train sellers
Snapdeal said it will invest $200 million to build a strong ecosystem for small and medium businesses as it seeks to host 1 million sellers on its platform in the next three years.

Retail
H&M may open 30 stores in India by early 2016
The Swedish fashion chain has closed more than 15 real estate lease deals in India already

Retail
IKEA buys land in Hyderabad for first India store
IKEA buys land in Hyderabad for  first India store - Times of India
IKEA, world's largest furniture retailer, has purchased its first land in India, in Hyderabad, moving closer to its plan of setting up 25 stores in India.

Retail
When visual search meets e-commerce
When visual search meets  e-commerce - YourStory.com
Studies have shown that human beings can process and understand visuals faster than words. According to Hubspot, 90% of information transmitted to the brai


Telecom
In what could be bad news for other telcos, RJio's revenues could reach $16 bn in 2-5 years, say experts
In what could be bad news for  other telcos, RJio's revenues could reach $16 bn in 2-5 years, say experts - ET Telecom
Stock brokerage firm KRChoksey Shares and Securities on Saturday said that the broadband arm of Reliance Industries' could join the Rs.100,000 crore ($16 bill..

Telecom
India names Rodrigo Oreamuno as arbitrator in Vodafone case | Business ...
India names  Rodrigo Oreamuno as arbitrator in Vodafone case | Business ... - Business Standard
Costa Rica-based Oreamuno replaces former Chief Justice of India R C Lahoti who had in May recused himself

Telecom
Telecom Commission to discuss TRAI suggestions on broadband
Telecom Commission to discuss  TRAI suggestions on broadband - Economic Times
The panel may also consider TRAI recommendation on allowing virtual network operators (VNO) to operate in the country.

Telecom
CIC: RTI can be filed with TRAI to know status of phone complaints
Under the RTI a consumer, through TRAI, 'can access the information on the action taken by the service provider'


Finance
SBI to provide all info of distressed asset under auction
SBI, which has received muted response for online auction of distressed commercial assets in the past, is compiling all legal and basic infrastructure related information of such properties to help bidders take an informed decision

Finance
Bandhan Bank strikes deal to raise Rs1,500 crore
Former chief economic adviser Ashok Kumar Lahiri is to head the board of Bandhan Bank Ltd as non-executive chairman.

Finance
Market good enough for stock picking for next 100 years; top five wealth creating ideas
Indian market came under pressure in the week gone by, weighed down by lingering concerns over Greece and its impact on global financial markets.

Finance
What India can learn from the Greek crisis
Structural faults, such as flaws in the euro zone and poor Greek policy, led to predictably painful outcomes in Greece crisis; there are lessons to be learnt, says Montek Ahluwalia


Food/FMCG
Emami scouting for acquisitions to expand product pipeline
Emami scouting for acquisitions  to expand product pipeline - ET
Emami is scouting for acquisitions to expand its product offerings as the company enters into next phase of growth in consumer care products segment.

Food/FMCG
FSSAI sets 12,000 standards for food additives and ingredients
FSSAI sets 12,000 standards for  food additives and ingredients
Food Safety regulator FSSAI has finalised 12,000 standards for food additives and ingredients in line with global safety standards Codex.

Food/FMCG
Maggi row: Nestle says tests were done at non-accredited labs
Maggi row: Nestle says tests  were done at non-accredited labs
"The FSSAI order to ban Maggi on the basis of tests conducted in non-accredited labs is arbitrary, illegal and liable to be set aside," Nestle said.

Food/FMCG
Two Jain sisters eye global market for 'halal' cosmetics | Business Standard News
Start-up Ecotrail Personal Care's cosmetics brand Iba Halal Care to tap West Asian, South African markets by FY-end


Software
TCS to reduce time an employee spends on a project : Wants to control attrition of its young workforce
TCS to reduce time an employee  spends on a project : Wants to control attrition of its young workforce - Economic Times
Since large employers like TCS cannot alter benefits or salary structure often, quick project transitions may prevent change of loyalties.

Software
Blackberry to launch Android phones : Picks up new domain names like 'Android Secured'
BlackBerry Ltd, which has been coy about its ambitions to make a mainstream Android smartphone, fueled more speculation about its plans this week when it scooped

Software
How India's outsourcing firms are changing direction with the 'Cloud'?
How  India's outsourcing firms are changing direction with the 'Cloud'? - Wall Street Journal
Companies' shift toward cloud computing is starting to bite into the revenue and profits as well as hiring in India's critical outsourcing industry and poses an existential threat to players that fail to adapt.

Software
Infosys to groom next generation of its leadership : 50 employees go through training at Stanford
Infosys to groom next generation  of its leadership : 50 employees go through training at Stanford - Economic Times
Indias second largest software exporter announced the programme after Vishal Sikka took over as chief executive last August.


Ecommerce
Etailers like Flipkart, Amazon start preparing for Diwali shipments in advance;investing in strategic partnerships
Etailers like Flipkart, Amazon  start preparing for Diwali shipments in advance;investing in strategic partnerships - Economic Times
Ecommerce players have been investing in strategic partnerships with the aim to build a strong surface-transport network through road and rail.

Ecommerce
E-commerce majors tying up with non-banking lenders for extending loans to those keen to sell products through these online marketplaces
SMEcorner's Samir Bhatia said SMECorner has tied up with Snapdeal, Flipkart, eBay and Paytm to play a catalyst role to secure easier loans for sellers.

Ecommerce
BigBazaar and MobiKwik inks an exclusive tie-up to allow the retail firms customers to pay for purchases using mobile wallet facility
BigBazaar and MobiKwik inks an  exclusive tie-up to allow the retail firms customers to pay for purchases using mobile wallet facility - Hindu Business Line
Big Bazar and MobiKwik have inked an exclusive tie-up to allow the retail firm's customers to pay for purchases using mobile wallet facility...

Ecommerce
Can mobile apps emerge sole driver of India's e-commerce?
Can mobile apps emerge sole  driver of India's e-commerce? - Economic Times
Recently, e-commerce major Flipkart, at an internal meeting, disclosed that the company planned to go the only-mobile-app-way by September.


Franchise

Franchise
Franchisee Journey: From classroom teacher to learning center franchisee
Franchisee  Journey: From classroom teacher to learning center franchisee - Entrepreneur
Cynthia Williams Landrum aims to make a "more direct impact" on students than the current educational bureaucracy allows.


HR
Hiring activities likely to grow up to 15% in FY16: Survey- India TV news
Hiring  activities likely to grow up to 15% in FY16: Survey- India TV news - indiatvnews.com (press release) (blog)
Indian employers appear to be upbeat about government initiatives like digitalisation and smart cities as they plan..read more on indiatvnews.com

HR
Haryana government to promote Farmhouse tourism : India, News
Haryana government to promote  Farmhouse tourism : India, News - India Today
With a view to give fillip to farm tourism, Haryana Tourism will promote farm house tourism in the state. The promotion will initially start during the annual Surajkund International Crafts Mela scheduled to be held between February 1 to 15 next year at Surajkund, Faridabad.

HR
ICICI in great hands with Kochhar as CEO: Kamath
ICICI in great hands with  Kochhar as CEO: Kamath - Times of India
Confident that ICICI Bank will keep scaling greater heights, former Chairman K V Kamath has said the bank is in "great hands" under the leadership of its current CEO Chanda Kochhar.


Logistics
Mahindra's foray into food space from B2B now to the B2C vertical, aspire to see Rs 1000 cr t/o this fiscal, will operate in pulses and oil segments
Mahindra's foray into food  space from B2B now to the B2C  vertical, aspire to see Rs 1000 cr t/o this fiscal, will operate in pulses and oil segments - Times of India
It sells everything from SUVs to software. But now the $17 billion Mahindra group will also sell something for your table - food.

Logistics
Honda to launch locally-assembled CBR650F in India on August 4, the 649cc, 4 cylinder bike has a torque of 8,000rpm, expected price Rs 8 lac
Honda to launch  locally-assembled CBR650F in India on August 4, the 649cc, 4 cylinder bike has a torque of 8,000rpm, expected price Rs 8 lac - CarTrade.com
Honda Motorcycle and Scooter India will launch a few motorcycles on August 4, the much awaited CBR650F among them. Honda CBR650F was first showcased at the 2014 Auto Expo.

Logistics
Vast opportunities in medical tourism to help Healthcare sector in the next few years
Vast opportunities in medical  tourism to help Healthcare sector in the next few years - Mint Market Info
The country inherited basic and limited healthcare infrastructure which was grossly inadequate to meet the demands of a large and diverse populace. From that starting point, India has emerged as a serious player in the global healthcare services delivery landscape with a multitude of world-class healthcare institutions imbibing the highest standards of clinical excellence.

Logistics
India: Thermal coal imports soar 23% at 12 major ports
Import of thermal coal jumped 23 per cent to 24.08 million tonnes at 12 major ports in the first quarter of the fiscal, even as the government continues to push


Construction
Rishabh Gupta named as interim CEO of Housing.com
Rishabh Gupta named as interim  CEO of Housing.com - Economic Times
His appointment is effective immediately, Jonathan Bullock, SoftBanks representative on Housings board, said in email titled 'Moving forward & Looking up.

Construction
Eastern India real estate developer siddha group launches mobile app for buying homes
Eastern India  real estate developer siddha group launches mobile app for buying homes - The Financial Express
Siddha Group, a leading real-estate developer in Eastern India, pioneered the Siddha Group App, a smart, fast and convenient way of searching and buying homes through smartphones; ensuring smooth access, information exchange; offering online payment facilities. The Siddha Group App was launched today in the presence of actor Abir Chatterjee and Sanjay Jain, Managing Director, Siddha Group.

Construction
Hyderabad, Chennai, Bangalore and Mumbai are shining armors of real estate amid slowdown
Hyderabad, Chennai, Bangalore  and Mumbai are shining armors of real estate amid slowdown - Economic Times
India's overall property market continues to be depressed with builders sitting on piles of losses and buyers waiting in the hope that home loan rates would..

Construction
Free flats for 500 officials during kumbh mela
Free flats for 500 officials  during kumbh mela - Times of India
Realty major DLF will increase the price of its apartments in a housing project at Gurgaon by 4 per cent despite sluggish sales and a slowdown in the overall real estate market.


Marketing
Alibaba plans tie-ups to get more Indian SMEs on board : Report
Alibaba plans tie-ups to get  more Indian SMEs on board : Report - ET Retail
The company has 4.5 million users from India, with the country accounting for the second-highest paid users on the platform after China...

Marketing
India seen beating US as No. 2 smartphone market : Report
Global smartphone sales are forecasted to grow from 1.5 billion units in 2015 to a record 1.7 billion by 2017, according to Strategy Analytics.

Marketing
Lava in talks with states for manufacturing unit; to invest Rs 250 crore : Make in India
Lava has one assembly unit in Noida that has a monthly capacity of making about half a million handsets...

Marketing
The truth about blogging on Medium : Revealed
The truth about blogging on  Medium : Revealed - The Next Web
While people on Google are in a search mood or on Facebook in a browsing mood, people on Medium are in a reading mood. Some people are so much in the reading mood that it shocks you to see them commenting on, highlighting, or recommending all of your articles in a row.


Politics
I Am The Original Whistle-Blower In Vyapam Case, Says Madhya Pradesh CM Shivraj Singh Chouhan

Amid an impending, court-ordered CBI probe into Madhya Pradesh's multi-crore test-rigging scandal, Chief Minister Shivraj Singh Chauhan has said he is the original whistle-blower in the Vyapam case, a

Politics
Alliance between Akali Dal and BJP to continue despite differences, says Parkash Singh Badal

Despite differences among leaders at the state-level, Punjab Chief Minister Parkash Singh Badal on Sunday said the Shiromani Akali Dal (SAD) and BJP alliance will continue.

Politics
Leading by example: In Samajwadi Party's UP, Mulayam threatens IPS officer Thakur and CM Akhilesh looks the other way

Assembly elections will take place in 2017 in Uttar Pradesh -- enough time to set things right or perhaps like the BSP be forced to quietly embrace the shadows.

Politics
BJP win in Bihar legislative polls sends clear signal: Lalu, Nitish may be together but voters don't trust them

The outcome of the biennial elections to 24 seats of Bihar Legislative Council, which was widely publicized as "semi-final" to the upcoming assembly polls, sends out a clear danger signal to the grand secular alliance in the state.


Sports
India vs Zimbabwe 2nd ODI: India beat Zimbabwe by 62 runs, take unassailable 2-0 lead

India defeated Zimbabwe by 62 runs to take 2-0 lead in 3-match series.

Sports
Wimbledon: Martina Hingis pairs with Leander Paes to win another Grand Slam

The win, which took just 40 minutes, gave Hingis her 11th Grand Slam doubles title.

Sports
Sachin Tendulkar lauds 'fantastic' Sania Mirza and Martina Hingis

With this win, Sania Mirza has now become the first Indian woman to win a Grand Slam in the women's doubles category.

Sports
Novak Djokovic beats Roger Federer for third Wimbledon, ninth Grand Slam title

Wimbledon 2015: Novak Djokovic beats Roger Federer 7-6 6-7 6-4 6-3 in the men's singles final at Centre Court on Sunday.


Entertainment
Ed Sheeran performs with Elton John on stage

Elton John joined Ed Sheeran to perform one of his greatest hits "Don't Go Breaking My Heart", originally recorded by John and Kiki Dee in 1976.

Entertainment
Filmmakers are lazy to cast me in different roles: Tabu

National Award-winning actress Tabu, known for portraying intense characters, says filmmakers have become too lazy to cast her in different roles.

Entertainment
Karan Johar roped in as Kapil Sharma's replacement in 'Comedy Nights With Kapil'?

Karan Johar has reportedly been brought in as Kapil Sharma's replacement on the show 'Comedy Nights With Kapil'.

Entertainment
'Batman v Superman' new trailer arrives online

A brand new trailer for "Batman v Superman: Dawn of Justice" has landed online shortly after being screened during the Warner Bros panel at San Diego Comic-Con over the weekend.


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