Thursday, July 16, 2015

July 16, 2015 - Indian software product company InMobi becomes truly global with a 'disruptive' platform. Takes on Google, Facebook in ads

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Digital
Indian software product company InMobi becomes truly global with a 'disruptive' platform. Takes on Google, Facebook in ads
In 1999, Infosys brought global attention to Indian IT when it listed on the Nasdaq. It was then software services.

Digital
Flipkart adds two top Silicon Valley talents to its kitty -- one from Google, and other from Yahoo
Flipkart adds two top Silicon  Valley talents to its kitty -- one from Google, and other from Yahoo - International Business Times
International Business Times
Google Chromecast Product Manager Heads For India's E-Commerce Scene ...International Business TimesMeanwhile, Myntra's parent company Flipkart has lured away Eric Lange, a Yahoo vice president, CNBC reported, citing a statement from the Indian e-commerce company. At Yahoo, Lange managed analytics and publisher products for ad business, and led ...Flipkart fetching tech talent from Silicon Valley | Business Insider IndiaBusinessinsider IndiaFlipkart Appoints Silicon Valley Veteran Eric Lange As VP Product Management ...Real Time News, IndiaFlipkart adds two Silicon Valley hires to its cart - one from Yahoo, other ...ET RetailBGR Indiaall 36 news articles »

Digital
Indian news reader app NewsHunt buys e­commerce recommendation tool BuyT ContentLink
Indian news reader app NewsHunt  buys e­commerce recommendation tool BuyT ContentLink - Tech in Asia
NewsHunt, an app for newspapers and ebooks, will now show online shopping recommendations to users.

Digital
Digital marketing startup Mobikon gets $2.3 million from Jungle Ventures, two angel investors
Digital marketing startup  Mobikon gets $2.3 million from Jungle Ventures, two angel investors - VC Circle
Its overseas business contributes to about 45 per cent of the business.


Retail
E-commerce will change the face of merchandising in India, start-up culture spreading across country : Ratan Tata
E-commerce will change the face  of merchandising in India, start-up culture spreading across country : Ratan Tata - Business Standard
Promising start-ups in e-commerce and e-retail space are the ones that will change the face of Indian merchandising and marketing business, said Ratan Tata, chairman emeritus of Tata Sons.

Retail
How startups like Ipay are turning to mystery shopping to ensure customer satisfaction
How startups like Ipay are  turning to mystery shopping to ensure customer satisfaction - ET Retail
Mystery shopping is a path that startups are taking in the hyper-local service sector to ensure customer satisfaction.

Retail
States including MP, Karnataka support idea of opening B2C ecommerce to FDI at Centre's meeting
States including MP, Karnataka  support idea of opening B2C ecommerce to FDI at Centre's meeting - The Economic Times - Economic Times
State governments today suggested that the interest of small retailers and consumers should be protected while promoting foreign direct investment in retail and e-commerce.

Retail
US retail sales fall in June as consumers stay cautious
US retail sales fall in June as  consumers stay cautious - The Economic Times - Economic Times
Americans cut back their spending at stores and restaurants last month, a sign that they remain cautious despite robust job growth in the past year.


Telecom
Microsoft underestimated mobile phone market due to focus on PC, says Satya Nadella
Microsoft  underestimated mobile phone market due to focus on PC, says Satya Nadella - DNA
Microsoft missed shift to mobile due to focus on PC: Nadella - Microsoft's India-born CEO Satya Nadella acknowledged the 'one big mistake' the company made in the past

Telecom
Wikileaks reveals Indian security agencies using little-known firms to obtain spying technology
Wikileaks reveals Indian  security agencies using little-known firms to obtain spying technology - Economic Times
Theres nothing remotely James Bond-like about the drab corner in Gurgaon. But then, what better cover for a spot of cloak-and-dagger activity?

Telecom
India continues to access Vodafone network to intercept calls
India continues to access  Vodafone network to intercept calls - Economic Times
LONDON: India is among the 28 countries that continue to seek access to Vodafone's network for intercepting phone calls, text messages and e-mails, the UK-based group said today in a report. The telecom giant, in its Law Enforcement Disclosure report

Telecom
Vodafone seeks to raise Rs1,700 crore by selling local rupee bonds
Vodafone seeks to raise Rs1,700  crore by selling local rupee bonds - Hindu Business Line
SINGAPORE, July 15 (IFR) - Vodafone India isplanning to raise 17 billion rupees ($268 million) through abond offering soon, according to DCM banking sources.The bonds might have tenors of three to five years, thesou


Finance
Freedom fighters snap ties with SBI; shift to other banks
More than half of around 12,000 freedom fighters drawing pensions from SBI have snapped their ties with the bank and shifted their accounts to other banks.

Finance
Motilal Oswal PE readies to cut its largest single cheque
Motilal Oswal Private Equity fund is in advanced negotiations to invest as much as $50 million in Hyderabad-based dairy firm Creamline Dairy Products Ltd.

Finance
Cholamandalam Investment and Finance firm to raise Rs 10,000 crore via of NCDs
Cholamandalam Investment and Finance Company today said it will raise up to Rs 10,000 crore through issue of non-convertible debentures (NCDs).

Finance
SBI and MakeMyTrip to unlock synergy between banking and tourism
SBI and  MakeMyTrip to unlock synergy between banking and tourism - Financial Express
State Bank of India (SBI) and MakeMyTrip.com have signed a Memorandum of Understanding, identifying areas of cooperation to expand the market for online travel services in India


Food/FMCG
India Inc sees profits decline despite cheaper raw material
India Inc sees profits decline  despite cheaper raw material - The Economic Times - Economic Times
Indian manufacturing has become less profitable over the past decade despite a marginal drop in the proportion of raw material cost in net sales.

Food/FMCG
FSSAI has put sector at risk: Packaged food companies to Harsimrat Kaur Badal
FSSAI has put  sector at risk: Packaged food companies to Harsimrat Kaur Badal - ET
The packaged food industry has used the political cover provided by the Union food minister to vent its own frustration about the FSSAI.

Food/FMCG
King's beer comes to Mumbai
What's the appeal of this distinctively stubby, 325ml pale pilsner from Goa?

Food/FMCG
Telangana Govt Decides to Fight on AP Beverages Corp
Telangana Govt Decides to Fight  on AP Beverages Corp - The Hans India
With the AP government refusing to pay Rs 1,500 crore Income Tax arrears owed by the AP and Telangana Beverages Corporation Limited (APBCL and TSBCL) recently, the Telangana government has now decided to address the contentious issue. It has decided to wage a battle against the Income Tax Department.


Software
Patni brothers set to raise $100 million venture capital fund to invest in mobile and electronic payments markets
Amit and Arihant Patni, sons of Gajendra Patni, co-founder of Patni Computer Systems, are readying to raise their second venture capital fund worth $100 million

Software
Indian software product thinktank iSpirt becomes case study at Stanford
Indian software  product thinktank iSpirt becomes case study at Stanford - Economic Times
Not just iSpirt, but activity in the Indian startup ecosystem is proving to be a rich study material for MBA graduates, both in India and abroad.


Ecommerce
Happy days for Bengaluru ad agencies as city-based e-tailers step up advertising spending
Resurgence after a lull of almost a decade comes as city-based e-tailers step up advertising spending

Ecommerce
How Flipkart got 15,000 app installs a day and 500,000+ users in 5 months with Glispa?
How Flipkart  got 15,000 app installs a day and 500,000+ users in 5 months with Glispa? - Tech in Asia
Glispa will be able to target native ads to a billion users.

Ecommerce
Local-language mobile platform NewsHunt acquires ecommerce recommendation platform BuyT ContentLink
Local-language mobile platform  NewsHunt acquires ecommerce recommendation platform BuyT ContentLink - ET Retail
NewsHunt has 20 million monthly active users accessing mobile Internet in regional languages such as Tamil, Bengali and Telugu...

Ecommerce
It is better to have deep presence in fewer cities than having 10 cars in 50 cities- Greg Moran, Zoomcar
It is better to have deep  presence in fewer cities than having 10 cars in 50 cities- Greg Moran, Zoomcar - MediaNama.com
Zoomcar, the Bangalore based self drive car company, recently raised funding worth $11 million from Sequoia Capital, Empire Angels and NGP. In May, it


Franchise
Adidas wants both fully owned stores, franchises in India
Adidas wants both fully owned  stores, franchises in India - Business Standard
German sports goods maker Adidas has approached the Department of Industrial Policy and Promotion (DIPP), seeking approval to open fully owned stores under the single-brand retail foreign direct investment (FDI) policy.

Franchise
The outlook that distinguishes the franchisees who thrive from those who dont: Cultivating the mindset of a CEO
The outlook that distinguishes the franchisees who thrive from those who don't: Cultivating the mindset of a CEO - EntrepreneurThinking like a CEO is both an art and science. It's an endeavor to connect the dots between means and ends while synchronizing your short-term and long-term goals. The bedrock of business leadership is what I call "calibration": the process of continuously learning from all the good, bad and ugly to iterate and improve. By connecting the dots, balancing short-term and long-term, and always calibrating, you can build an enduring business and love what you do.

Franchise
Franchisee Journey: From used car salesman to restoration and reconstruction franchisee
Franchisee  Journey: From used car salesman to restoration and reconstruction franchisee - Entrepreneur
Jovanny Galarza has prepared to own a construction business ever since he was a little boy, helping his dad around the house.


HR
Employment in India's app economy to double by 2016
Employment in India's app  economy to double by 2016 - Best Media Info
A study published by ICRIER and IAMAI estimates direct employment in this industry to range between 151,230 and 159, 010 by 2016. Apps currently account for 75,000 jobs in India

HR
Government to train 40 crore people under Skill India initiative
Government to train 40 crore  people under Skill India initiative - Economic Times
The initiatives were launched to mark the first-ever World Youth Skills Day, where the government set a target of skilling 40.02 crore people by 2022.

HR

HR
The recipe for a true Digital India
The recipe for a true Digital  India - Daily Mail
A Digital India is a one where empowering technologies, in fields ranging from education, healthcare, e-governance to agribusiness, can add economic value of $1 trillion per year by 2025.


Logistics
Ministry of Home Affairs clears Chinese firm Huawei's proposal for setting up TN unit to manufacture telecom equipment
Ministry of Home Affairs clears  Chinese firm Huawei's proposal for setting up TN unit to manufacture telecom equipment - The Indian Express
MHA cleared the proposal last week after it was submitted way back on December 13, 2013 by Huawei Telecommunications (India) Pvt Ltd...

Logistics
Reliance sells diesel to Indian Railways, first time in a decade
Buoyed by price deregulation, Reliance Industries has begun selling diesel to Indian Railways for the first time in a decade. Indian Railways, which consumes about 2.5 million tonnes of diesel every year, till last year bought the fuel from

Logistics
Looking a the rising road accidents in UP, speed limit set for buses at black spots, designated accident prone areas
In an endeavour to reduce road accidents and tighten noose around errant bus drivers, the Uttar Pradesh State Road Transport Corporation (UPSRTC) has issued notices to bus drivers to drive at 40 kmph in accident prone sites. Transport commissioner Ravinder Naik has released a list of 13 black spots in Agra and eight in Mathura.

Logistics
Dry Cargo: Pioneer selects V.Ships India to manage its entire fleet
Dry Cargo: Pioneer selects  V.Ships India to manage its entire fleet - Lloyd's List
V.SHIPS India, subsidiary of Singapore-based shipmanager V.


Construction
Real estate brokering business is about to die
While various online avenues shrink the role of property brokers, technology can help them stay relevant

Construction
Smarter city needs better ecosystem so that past mistakes are not repeated
Urban planners and researchers have raised the pitch for an ecosystem restoration policy to compliment the Centre's ambitious Smart City Mission.

Construction
Godrej Properties sells 74.90% stake of Puravankara Bangalore plot to Shubh Properties
Shubh Properties acquires 74.90% stake in GHCPL - IndiaInfolineIndiainfolineGHCPL ceases to be subsidiary of Godrej Properties - Live Indian Stock Market ...Mint Market Infoall 4 news articles »

Construction
1,000-km of Jharkhand state highway to be converted to national highway
Jharkhand: Over 1,000-km of state highway to be converted to national highway ...IndiaThe Economic TimesMore. More .... The Union Ministry of Road and Surface Transport and the state government also agreed to start work at the earliest on the construction of a bridge over the Ganga river. According to a statement by Jharkhand ...The Statesman: J'khand: Over 1,000-km of state highway to be converted to nat ...The Statesman (press release)Jharkhand: Over 1,000-km of state highway to be converted to national highwaysNiticentralall 4 news articles »


Marketing
Indian marketers are looking West when they should be looking East : Perspective
Indian marketers are looking west when they should in fact be looking east. What fascinates me is that India has the biggest pool of technologically advanced talent and yet there is a lack of innovation when it comes to home grown Indian solutions and...

Marketing
Ratan Tata admints Branding Nano as cheapest rather than affordable was the biggest mistake : Report
Ratan Tata admints Branding Nano  as cheapest rather than affordable was the biggest mistake : Report - Firstpost
Admitting that Tata Group made a "bunch of mistakes" in the sales and marketing of Nano, iconic business leader Ratan Tata today said branding it as the 'cheapest' rather than most affordable car was the greatest flaw that distanced people from it.

Marketing
E-commerce to change face of Indian merchandising and marketing business : Tata
E-commerce to  change face of Indian merchandising and marketing business : Tata - Financial express
Tata Sons chairman emeritus Ratan Tata said on Wednesday the growth of e-commerce and e-tailing is likely to change the face of merchandising and marketing in the country.

Marketing
Ad blocking scare globally; India insulated but only for now
The country's savior seems to be its low Internet penetration and a relatively smaller share of digital advertising


Politics
Most CMs stay away: Modi's pitch for land bill at Niti Aayog meet fails to build political consensus

Prime Minister Narendra Modi's initiative to use Niti Aayog's Governing Council forum to hold a parallel consultation process on land acquisition bill has - Firstpost

Politics
Niti Aayog meet: Kejriwal opposes Centre's land acquisition bill, interference in Delhi

Delhi Chief Minister Arvind Kejriwal on Wednesday voiced opposition against the land bill and raised concerns over Centre's "interference" in the national capital saying it was against the spirit of cooperative federalism.

Politics
States cannot indefinitely wait for consensus on land acquisition- Jaitley

Arun Jaitley on Wednesday said that certain non-BJP chief ministers skipping the NITI Aayog meeting in New Delhi was "against the spirit of federalism".

Politics
Aditya Thackeray may be given a bigger role in party, hints Shiv Sena

Senior Shiv Sena politician and MLC Neelam Gorhe on Wednesday said that party workers want party chief Uddhav Thackeray's son Aditya Thackeray, to take up full time politics and represent people in the Legislative Assembly.


Sports
Where could the IPL go from here?
The suspension of the owners of Chennai Super Kings and Rajasthan Royals for two years from all IPL related activities has left the future form of the league shrouded in uncertainty

Sports
The World's 50 Most Valuable Sports Teams 2015

The world's 50 most valuable sports teams are now worth $1.75 billion on average, up 31% from 2014.

Sports
Bangladesh beat South Africa, win fourth series in a row

Bangladesh's fourth successive home ODI series victory underlines their growing stature in 50-over cricket.

Sports
Schweinsteiger: I joined Man United to win titles

Bastian Schweinsteiger insists he joined Manchester United to win silverware rather than simply reunite with former boss Louis van Gaal.


Entertainment
'Bajirao Mastani' first look: Ranveer looks royal, Deepika, Priyanka tough as warrior queens

Ranveer Singh is seen with a shaved head, while Deepika Padukone and Priyanka Chopra are dressed in knight's armors.

Entertainment
Sooraj Pancholi will replace me in Bollywood: Salman Khan

Sooraj Pancholi will replace me in Bollywood: Salman Khan - Salman, known to promote younger talent in industry, is the producer of "Hero", the debut film of Sooraj, son of the actor couple Aditya Pancholi and Zarina Wahab.

Entertainment
Happy to see Shah Rukh Khan-Kajol back on screen: Ajay Devgn

Actor Ajay Devgn says he wants to see his wife Kajol and superstar Shah Rukh Khan together on screen and is happy that they have teamed up for Rohit Shetty's "Dilwale".

Entertainment
Michael Douglas pays tribute to mother

Michael Douglas has praised his late mother as a "class act" and a "wonderful lady".


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