July 21, 2015 - 'Indian IT industry is a victim of its own success': Mohandas Pai

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Digital 'Indian IT industry is a victim of its own success': Mohandas Pai Chairman of Manipal Global Education TV Mohandas Pai says the world has changed since it has got a very stable IT platform. Digital Ex-MySpace CEO Michael Jones launches Rs 190 cr VC fund to invest in Indian mobile apps startups It has already incubated a mobile app venture in India. Digital Digital India will become a very important instrument for creating huge number of jobs: NRN Murthy Infosys, country's second largest software services firm, has not made any profit on government projects because of red-tapism and other issues, its co-founder N R Narayana Murthy said Monday. Digital Twitter will be launched in regional languages soon: Raheel Khursheed, Twitter Raheel Khursheed has worked as a journalist, development activist and communications expert, and today, he heads Twitter India's 'News, Politics and Government' section. Retail Snapdeal plans to more than double its engineering team to over 2,000 this year The company is also looking at offering services from utilities payments, mobile and DTH recharges to financial products. Retail The kirana store and the IT services industry We are all shaped by our experiences and I am trying to understand from mine what the real reason is for the death of the kirana stores and how it can be applied to the IT services industry. Retail Walmart extends B2B e-commerce platform to all Best Price stores 24x7 online platform will provide the same assortment of products as brick and mortar stores, Walmart says Retail Traditional kirana stores, along with a host of other traditional shops, get together to set up a nationwide online market-place called e-lala Traditional kirana stores stitch up nationwide web portal - Hindustan TimesRecently, Kishore Biyani said his Big Bazaar would go live with an app to beat online retailers' successful discount-driven strategy. E-lala is poised to start a pilot in Nagpur next month and go national in three to four months. A technical team will ...articles  Telecom IAMAI KPMG report says India to have 314 million mobile Internet users by 2016 By 2016, India is projected to have 236 million mobile internet users the report says, which would reach 314 million by 2017 Telecom Amazon's $5 billion bet, Tata-Docomo Split and Other Top India News Telecom 3G subscriber base to reach 284 million by 2017: Study India's mobile Internet user base is set to reach 236 million by the end of 2016 and 314 million the following year. India will have more than 500 million I.. Telecom Teen Patti by India's Octro: The Dark horse of mobile gaming Teen Patti, published by Octro Inc., has been on the Top 5 Grossing games list on Google Play Store since its launch and has garnered over 32 million users. Finance Has the government lived up to promises made to bankers? Of the multiple issues discussed at the Gyan Sangam retreat in Pune, not many have moved quickly in the six months which followed Finance The idea behind online payment and recharge company Paytm's frequent sale strategy The recent sale was targeted at the general merchandise category like sports and health, childrens toys and gifts, Saurabh Vashishtha said. Finance Carlyle to tender stake in IIFL in an open offer by Fairfax India Deal is likely to yield a threefold gain for the PE firm that has made many profitable exits in the past couple of years Finance Adani eyes acquisitions to expand ports empire Bid for increased presence across coastlines will test Gautam Adani's risk-taking abilities Food/FMCG FSSAI draft notification on liquor soon It was decided that once standards for alcohol and alcoholic beverages were finalised it shall be intimated to all states and UTs so that they may suitably advise the respective excise departments Food/FMCG How dry weather is likely to affect packaged consumer goods firms If dry weather plays havoc with farm output, companies will feel the pinch Food/FMCG Pidilite in talks to sell its Brazil business The company has appointed global mid-market investment bank Lincoln International to advise it, according to a source Food/FMCG Manpasand Beverage to replace Just Dial on BSE IPO index Leading stock exchange BSE has decided to replace local search engine Just Dial with fruit drinks maker Manpasand Beverage on S&P IPO index from July 22. Software Big tech deals in Silicon Valley are still not being replicated for India's IT sector The Indian information technology (IT) sector is seeing a flurry of deals—private equity (PE) investments, mergers and acquisitions (M&A), and investor exits. However, in value terms, this activity is small change compared to other industries. During the three months ended June 30, the IT sector witnessed 129 private equity deals but they had a combined value of... Software Bangalore witnessing start-up action : Steps out of the world's back-office Financial Times Financial TimesTaxi-hailing app Ola is just round the corner. On the fourth floor of an office ... Many of those launching new ventures began their careers in Indian software groups, or the local offices of tech multinationals such as IBM or Google. This has helped Software TCS, Wipro, Infosys, Tech Mahindra and Microsoft bid for building GST network across the country "We have received five bids for building the GSTN system. We will finalise (the bidder) by the end of next month," GST Network chairman Navin Kumar said. Software Digital India may become a key tool of job creation, says Infosys founder Hindustan Timesall 29 news articles » Ecommerce Snapdeal plans to more than double its engineering team to over 2,000 this year; intends to be a technology, product and engineering-driven company Chandrasekaran, who is also leading Snapdeal's technology initiatives in payments and cloud, said the company is trying to attract the best talent available i.. Ecommerce Industry witnessing employee movement, especially in mid- to senior-level, from established organisations to new age ventures, say experts With start-ups being the buzz word today, industry is witnessing employee movement from established organisations to new age ventures, say experts. Ecommerce How "on-demand" startups like Grofers are catering to high-frequency orders by customers? Increasing use of affordable smartphones – and their ability to show precise locations – has made the ondemand business model more feasible and executable.. Ecommerce Snapdeal ties up with Tata Capital for financing merchants; loans anywhere between Rs 5 lakh to 2 crore available Now Snapdeal's merchants and online merchants can get a loan from Tata Capital for anywhere between Rs 5 lakh to 2 crore. Franchise Misconceptions about franchising that you should know and what you should consider before franchising Buying a franchise is one option for someone looking to start his own small business. With a franchise, you follow established procedures that have proven to be successful for other franchise owners. ... HR 169 employees of HUL earn 8-digit salaries a year! The HUL number is also 50% higher than IT major Infosys' 123 eight-digit salary earners and more than double of Wipro's 70. HR SBI Announces 3 Percent Profit Sharing with Employees SBI State Bank of India, SBI is likely to offer 3% of annual profit to their employees as a part of talent retention and motivation initiative. HR Top 10 startup brands in India A number of startups in India have managed to become brands to reckon with in less than 10 years. Here are our top 10. HR Evernote Taps Former Google Glass Executive Chris O'Neill as New CEO Co-founder and current CEO Phil Libin will remain as executive chairman. Logistics Fast food beats IRCTC's speed on moving trains : Domino's Pizza in real time; Dominos delivers to 41 stations between Delhi, Agra and Jalandhar, take order 2 hrs before train reaches station It may take longer than 30 minutes, though Logistics Andhra Pradesh invites Singapore, Japan to help build new capital Amaravati The invitation to the two nations came after the Singapore govt submitted the final master plan for what will be the core administrative borough Logistics India: Centre's move may cheer up minor ports due to partial deregulation of tariff, a start to make it a level playing field Following a demand by major ports for a level-playing field to compete with non-major ports, the Centre has initiated measures for partial deregulation of Logistics JICA submits final report on Indian Railways bullet train project between Mumbai and Ahmedabad Construction Cash-strapped Maharashtra govt looks to impose two more taxes Citizens, especially businessmen, across the state may have to pay two additional taxes—one to help boost urban infrastructure, such as Metro Rail, freeways and sea links in various cities, and another to enhance agricultural infrastructure to curb farmer suicides. Construction Ambit Capital's latest report is scary as it predicts sharp fall in property prices in big cities Mumbai is likely to witness the sharpest fall of around 50% in the coming quarters Construction Construction of National Highways up seven times under BJP, According to Nitin Gadkari Chandigarh Tribuneall 27 news articles » Construction Noida sees worst time when it comes to housing sales in 8 years Noida property market witnessed new sales of only about 3,800 homes during the April-June period, lowest in the last eight years, due to dip in demand from investors, according to a report by Bank of America-Merill Lynch. "The housing market in Marketing Unilever Partners with Alibaba in China : News Unilever Partners with Alibaba in China | News | Consumer Goods TechnologyConsumer Goods Technology-The two companies will further develop the application of big data, with which Unilever China can optimize the online advertising strategy and drive online to offline sales. -The two companies will jointly develop the offline business with shared Marketing Housing.com ties up with RE/MAX to leverage property listings : offer last mile services Through this tie-up, RE/MAX, with presence in 35 cities across India with 100 offices, will provide the inventory and Housing will provide the technological e.. Marketing Five key steps to digital success : Report Forbes India (blog) Five key steps to digital successForbes India (blog)Having been a part of the digital marketing and research space over the past 12 years, I have witnessed a desire among every brand to be successful on the digital [front] but very few are able to embrace the shift from directly creating a marketing Marketing Intex to Invest Rs. 1,500 Crore in India : Create 3,000 Jobs Indian handset-maker Intex Technologies will invest Rs.1,500 crore in manufacturing and research and in the process create 3,000 jobs, the top brass of the company said on the sidelines of the Mobile World Congress (MWC) in Shanghai. Politics Land Bill stuck in Parliament: Modi may have to rethink Arun Jaitley as FM If the Modi government fails to get jobs and growth up, it will be because his finance minister is not upto the task - Firstpost Politics Vadra deals, US firm bribing case: BJP gets ready to trade punch for punch in Parliament Punch for punch and jab for jab – the embattled BJP has decided to meet the combativeness of the Congress with more combativeness in Parliament. Politics What happened to PM's 56-inch chest? Kapil Sibal slams Modi govt's Pak policy Hours after Pakistan violated ceasefire yet again along the Line of Control in Jammu and Kashmir's Poonch district, Congress slammed the Modi government. Politics Bihar factor: Why BJP is prepared to let monsoon session be washed away Congress lacks moral authority for action against corruption. BJP lacks moral propriety on its election promises. Casualty of this will be monsoon session. Sports Sourav Ganguly in BCCI working group to study Lodha verdict Shukla informed that former India captain who is also a Governing Council member will be the part of the committee. Sports MS Dhoni spends his time cleaning his 'toys' in Ranchi MS Dhoni opted to wash his 'toys' which included several superbikes to a gigantic Humvee. Sports Most Dangerous Sports « CBS Philly Rhythmic gymnastics and table tennis just missed the cut. News, Sports, Weather, Traffic and Philly's Top Spots Sports BCCI revamps format of domestic tournaments The BCCI has decided to implement the suggestions given by the Anil Kumble-led technical committee. Entertainment Priyadarshan's latest film to start rolling on August 10 Director Priyadarshan has assured that his new Tamil film on AIDS awareness is going to be hilarious. He will start shooting from next month. Entertainment Illayaraja plans special tribute concert for M.S. Viswanathan Maestro Illayaraja is said to be organising a concert on July 27 as a tribute to the late legendary musician M.S. Viswanathan. Entertainment U2 revive old hit 'October For First Night' in New York U2 served up a treat for their die-hard fans by playing a song "October For First Night", during the opening night of Eight at New York's Madison Square Garden. Entertainment One Direction might take a break, says Simon Cowell Simon Cowell has suggested that popular boy-band One Direction should take a break. 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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