Monday, July 20, 2015

July 20, 2015 - $5 billion war chest: Amazon's strategy to make India its biggest market outside US; to launch subscription-based ecommerce services

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Digital
$5 billion war chest: Amazon's strategy to make India its biggest market outside US; to launch subscription-based ecommerce services
Launches a thinly veiled criticism of rivals Flipkart and Myntra describing moves to abandon websites and rely on mobile apps as a really bad idea

Digital
One-year old startup backed by high-profile investors SquadRun aims to have 100 customers in next 12 months
One-year old startup backed by  high-profile investors SquadRun aims to have 100 customers in next 12 months - The Economic ... - Economic Times
SquadRun, a one-year-old startup backed by a dozen investors, is aiming big – 100 plus customers in the next 12 months and creating one million freelance jobs by 2020.

Digital
Star India appoints ex-Hulu exec Varun Narang for mobile app Hotstar
Varun Narang, a former executive from the US online video service, will head the product and technology division

Digital
Indian hardware startups can create world-class products, but fail on design front
Indian hardware startups can  create world-class products, but fail on design front - Economic Times
Hardware startups Ather Energy, Teewe and Grey Orange Robotics have all raised funding from mainstream investors. Have Indian hardware startups come of age then?


Retail
Amazon readying a $5-billion war chest to grow India into its biggest market outside US, also set to add Amazon Prime in India later this year
Amazon readying a $5-billion war  chest to grow India into its biggest market outside US, also set to add Amazon Prime in India later this year - Economic Times
Amazon plans to launch its ambitious Amazon Instant Video (AIV) service in India this year and has started conversations with music labels.

Retail
Single-brand retail receives sluggish response, only Rs 700 crore FDI in 9 years, compared to one proposal in multi-brand retail alone attracting investment of Rs 850 crore
Single-brand retail receives  sluggish response, only Rs 700 crore FDI in 9 years, compared to one proposal in multi-brand retail alone attracting investment of Rs 850 crore -  Economic Times
On the other hand, one proposal in multi-brand retail alone has attracted an investment of USD 140.3 million (Rs 850 crore).

Retail
Retailers embracing big data to gauge consumer preferences; Shoppers Stop, Tata Trent lead way
Retailers embracing big data to  gauge consumer preferences; Shoppers Stop, Tata Trent lead way - Financial Express
With big data analytics emerging as a key tool to generate business intelligence, many retailers in the country, leading the way are Shoppers Stop and the Tata Group's Trent, among others. are adopting the technology, albeit at a slow pace, to give customers a more customised shopping experience.

Retail
Walmart is exploring possibility of selling its 'George' brand of clothing & home products on third-party ecommerce sites
Walmart is exploring possibility  of selling its 'George' brand of clothing & home products on third-party ecommerce sites - Economic Times
After starting a business-tobusiness ecommerce site, Walmart Stores is now eyeing the sale of fashion products directly to Indian consumers.


Telecom
Cap on roaming rates, service tax hike may impact revenues of telcos like Airtel & Idea
Cap on roaming  rates, service tax hike may impact revenues of telcos like Airtel & Idea - Economic Times
Airtel, Idea, RCOM are likely to report a sequential dip in voice revenue per minute in quarter to June, stung by the full impact of 30% cut in interconnect charges.

Telecom
Telecom industry veterans co-found Mubble to help you stay one step ahead of your telecom operator
Telecom industry veterans  co-found Mubble to help you stay one step ahead of your telecom operator - YourStory.com
Based on the positive feedback and constructive criticism they received, they relaunched the app in March 2015 under the brand name Mubble.

Telecom
Sivasankaran wins Rs 338 crore 3G refund
In a legal reprieve for NRI businessman C Sivasankaran, the telecom tribunal has granted him a refund of nearly Rs 338 crore that his company, S Tel, paid for allocation of 3G spectrum.

Telecom
Boost for Make in India: Local manufacturers of mobile phones, laptops regain tariff advantage with CBEC notification
Boost for Make in India: Local  manufacturers of mobile phones, laptops regain tariff advantage with CBEC notification - Economic Times
According to CBEC, only those manufacturing goods in India can enjoy concessional 2% duty regime sans tax credit on inputs used and not importers, who will have to face 12.5% countervailing duty.


Finance
Brick Eagle to set up social housing fund; to raise 5 crores
The PE firm is also planning to pick up stakes in realty firms focused on the affordable segment in various states, Brick Eagle CEO said.

Finance
Is there reason to worry about LIC's banking linkages?
The insurer's bulky loan book and significant equity stake in banks has made the RBI ponder the possible systemic implications of these linkages

Finance
Raghuram Rajan seen boosting bond intervention to drain banks' cash
Higher govt spending and credit growth near the slowest pace since 1994 has boosted money supply at lenders, driving interbank borrowing costs to a 2010 low

Finance
How have RBI's new rules on ATM usage affected banking?
A look at the result of the curbs on minimum number of free non-home-bank ATM transactions per month


Food/FMCG
Is organic food that you eat free of synthetic pesticides & chemical fertilisers?
Is organic food  that you eat free of synthetic pesticides & chemical fertilisers? - Economic Times
In the wake of the recent Maggi imbroglio and concerns over contamination of food, more retailers have begun asking for documentation about organic certification.

Food/FMCG
FSSAI mulls self-regulatory framework for packaged food products; may ask to mention expiry dates
FSSAI mulls self-regulatory  framework for packaged food products; may ask to mention expiry dates - Economic Times
Part of a stricter regime on food safety in the wake of the ban on Maggi noodles by the FSSAI in June, companies currently suggest a 'best before date.

Food/FMCG
Lifestyle firms rush to cash in on male grooming
The male grooming market in India is estimated to grow to Rs5,300 crore, a compound annual growth rate of 11%, by 2016

Food/FMCG
It's consumers to the rescue | Business Line
It's consumers to the rescue |  Business Line - Hindu Business Line
With inflation and interest rates easing, spending will improve. And, the urbanites will lead the way


Software

Software
How Infosys tried its hands at the hardware business in 80s?
How Infosys tried its hands at  the hardware business in 80s? - Economic Times
Its global delivery model is what earned Infosys its stripes, helping it become the cynosure of Indian IT sector during the dotcom era.

Software
Tech start-ups from small cities and towns make waves in India
Tech start-ups from small cities  and towns make waves in India  - The Hindu
On Sundays, Rohith Bhat takes his daughter for a ride on a red Hero scooter through the temple town of Udupi. On other days, he is busy running a company that makes some of the best-selling Apple iOS apps from a tradit

Software
Seven-year old software maker, Capillary Technologies eyes Rs 285 crore funding from Warburg & Co
Seven-year old software maker,  Capillary Technologies eyes Rs 285 crore funding from Warburg & Co - Economic Times
Capillarys valuation after its third round of institutional fundraising is estimated to be $170-180 million (Rs 1,080-Rs 1,140 crore).


Ecommerce
Top corporate law firms make big gains as private-equity activity hots up in ecommerce sector
Top corporate law firms make big  gains as private-equity activity hots up in ecommerce sector - Economic Times
A surge in mergers and acquisitions, including hectic private-equity activity in the red-hot ecommerce sector, is boosting business for corporate law firms.


Franchise
Before plunging into franchise business ownership, make sure you do these not-so-obvious things
Comprehensive, up-to-date news coverage, aggregated from sources all over the world by Google News.

Franchise
Franchisee Journey: From selling office furniture to becoming a Doc Popcorn franchisee
Franchisee Journey: From selling  office furniture to becoming a Doc Popcorn franchisee - Entrepreneur
Geoff Frischman was attracted to Doc Popcorn for its flexibility in the number of locations he could own and for its business support.


HR
Why Modi's new Skill India mission will mean nothing for workers
Why Modi's new  Skill India mission will mean nothing for workers - Scroll.in - Scroll.in
In the midst of all the excitement generated over the launch of an ambitious 'Skill India' initiative, I find two news reports to be particularly disturbing. These reports are a reflection of the worsening job scenario, with or without specially acquired 'skills'.

HR
UPA set manufacturing job growth record
UPA set manufacturing job growth  record - The Hindu - The Hindu
In what would seem to be a counter-intuitive finding, new research has shown that the years from 2003-04 to 2011-12, when the Manmohan Singh government had been in power in two terms since assuming office in 2004, had

HR

HR
Goldman CEO Blankfein's net worth crosses $1billion
Goldman CEO Blankfein's net  worth crosses $1billion - The Times of India - Times of India
Goldman Sachs Group made hundreds of partners rich when it went public in 1999. Its performance since then has turned Lloyd Blankfein,60, into a billionaire.


Logistics
Landslide on Mumbai-Pune expressway: Railways to run 4 special trains for clearing the stranded passengers on sunday
Landslide on Mumbai-Pune  expressway: Railways to run 4 special trains for clearing the stranded passengers on sunday - Times of India
Railway Minister Suresh Prabhu today announced two special trains between Mumbai and Pune to clear the passengers stranded due to a landslide

Logistics

Logistics
Jet Airways announces special fares in domestic network for business class for travel between July 20th to Oct 15th 2015
Jet Airways announces special  fares in domestic network for business class for travel between July 20th to Oct 15th 2015 - Times of India
In another similar scheme, the Mumbai-headquartered airline has offered lower fares, starting at an all-inclusive Rs 6,999 for travel up to 1,000 km.

Logistics
20 metro stations in Kanpur Metro Rail project to give parking facility to commuters
As many as 20 metro stations will have parking facility in Kanpur metro rail project. RITES, which is conducting survey and preparing detailed project report (DPR) for Kanpur metro project, had proposed 40 places for parking in the 32-km-long route to Kanpur Development Authority recently. The KDA had cancelled 20 parking places and retained 20.


Construction
Rental markets still down, New Act may revive the rental market
Rental markets still down, New  Act may revive the rental market - Business Standard
Bengaluru an exception, showing up to 60% rise, unlike NCR & Mumbai regions

Construction
200 link roads to be developed by Andhra Pradesh to boost investments on Vizag-chennai corridor
Aiming to ensure that foreign investments in the Visakhapatnam-Chennai Industrial Corridor percolate down to various towns in Andhra Pradesh, the TDP government has decided to develop 200 roads linking the towns to the corridor.

Construction
Gadkari asks builders to focus on low cost flats
Union transport minister Nitin Gadkari has urged builders to focus on low-cost flats having area between 300 and 500 square feet. Addressing the general body meeting of Credai Maharashtra, the minister said that the central government had set a target of housing for all by 2022 and there were lot of opportunities in this segment. He urged them to use latest construction technology and materials to bring down the cost of housing.

Construction
Longest bridge on Ganga approved with estimated cost of Rs 4,291.80 crore
The state cabinet on Friday OK'd the proposal to construct the country's longest bridge (9.76km) on the Ganga from Kacchi Dargah (NH 30) in Patna to Bidupur (NH 103) in Vaishali district with financial assistance from Asian Development Bank (ADB).


Marketing
Single-brand retail fails to impress foreign investors : Only Rs 700 Crore FDI in 9 Years
The lowly FDI from 2006-07 to 2014-15 in single brand retail was received from over 80 proposals

Marketing
How Twitter Audience Insights Can Benefit Your Marketing Campaign : Report
How Twitter  Audience Insights Can Benefit Your Marketing Campaign : Report - Pulse
This Article Originally Appeared On My BlogTwitter is exactly the best place to reach the new generation of consumers and appeal to their interests to better sell products. Times are changing fast and companies are struggling to keep up. Twitter itself is making changes to keep up with the ever-growing technological industry, because of this; it is the perfect site to host an advertising campaign.Twitter is Expanding Its AdvertisingThe social media staple has developed a method it hopes will drive more advertisers to its platform. The recently launched Audience Insights metrics lets businesse

Marketing
Chief Commercial Officer. Selling the C-Suite : Fred Haentjens
LinkedIn
Chief Commercial Officer. Selling the C-Suite | Fred Haentjens | LinkedInLinkedInBut today the CMO is considered to be a product/service branding and customer insight custodian. As mentioned before the .... Globally, there are more than 1.2 million traffic deaths per year, with China suffering around 275,000 and India 238,000. And


Politics
Sikh protesters hurl shoe at Shiromani Akali Dal leader Tota Singh in New York

Tota Singh, Minister for NRI Affairs in the Punjab government and his delegation came under attack in New York as hundreds of Sikhs protesting his visit allegedly threw stones and hurled a shoe at the leaders, following which the police took two youths into custody.

Politics
Four-storey building collapses in West Delhi, death toll reaches 9

Nine people were killed, while eight others, including some children were injured when a five-storey building collapsed in West Delhi's Vishnu Garden area on Saturday evening.

Politics
Multi-phase assembly polls likely in Bihar between October and November

The high-stakes battle for Bihar, essentially between BJP and the 'Janata Parivar' is likely to be fought in a multi-phased election to the Assembly.

Politics
Gajendra Chauhan is being targeted for the ideology he subscribes, claims RSS mouthpiece

RSS mouthpiece Organiser has deprecated the agitation by FTII students for removal of the newly appointed chief of the institute Gajendra Chouhan, saying the actor was being targeted for the "ideology he subscribes", days after it termed the protesters as "anti-Hindu".


Sports
Davis Cup: Yuki Bhambari takes India into World Group play-offs

Yuki Bhambari turned out to be India's hero in this tie as he won both his singles matches; India won 3-2.

Sports
IPL Governing Council meet: Terminating CSK, RR gains traction, but BCCI in no hurry

Terminating the two franchises was one of the options put forward at the IPL governing council meeting held in Mumbai.

Sports
Video: Australian surfer Mick Fanning fends off shark during the 2015 J-Bay Open

Australian surfer Mick Fanning was alert and prompt with his reaction and held on to his board

Sports
India vs Zimbabwe, 2nd T20I: Zimbabwe beat India by 10 runs

live cricket score of ind vs zim, 2nd T20I. Read India vs Zimbabwe 2nd T20I live cricket score here


Entertainment
'Bajrangi Bhaijaan' is Salman Khan's best performance: Aamir Khan

Superstar Aamir Khan is all praise for friend Salman Khan's Eid release "Bajrangi Bhaijaan".

Entertainment
Black Eyed Peas returns with new single

American hip hop group Black Eyed Peas has returned with their new single "Yesterday" sans Fergie.

Entertainment
'Madamji' not shelved, says Madhur Bhandarkar

Madhur Bhandarkar said his ambitious venture "Madamji" with Priyanka Chopra, saying the film will definitely be made.

Entertainment
Vijay Sethupathi to team up with 'Kaaka Muttai' director

M. Manikandan will next team up with actor Vijay Sethupathi for a yet-untitled project in the language.


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