Thursday, July 23, 2015

July 23, 2015 - GoDaddy to help small businesses set up e-commerce websites at Rs 999 per month

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Digital
GoDaddy to help small businesses set up e-commerce websites at Rs 999 per month
DATAQUEST
GoDaddy to help SMEs set up e-commerce websites"There has been a rapid growth in e-commerce in India fuelled by mobile devices, changing customer behaviour and rising Internet penetration. This represents a compelling business opportunity for SMBs," GoDaddy Vice President India and Australia Rajiv ...GoDaddy launches eCommerce solution for small Indian businesses at Rs 999 per ...DATAQUESTGoDaddy Launches Ecommerce Solution for Indian Small BusinessesBusiness Wire India (press release)all 12 news articles »

Digital
E-commerce woes! Cash-on-delivery hits Indian sellers badly
Analysts are of the view that apart from the loss due to returned goods, merchants also take a hit on credit cycles, when customers pay with cash.

Digital
Delhi has highest number of broadband users in India, followed by Tamil Nadu
India had 25.51 million broadband users in rural areas as compared to 73.69 million subscribers in urban parts till March 2015, Parliament was informed today.

Digital
MPoS startup Mswipe secures $25 million from Falcon Edge Capital, Meru, Ola
Mswipe Technologies, a mobile point-of-sale (PoS) services provider to merchants, has raised $25 million (or Rs 150 crore) led by hedge fund Falcon Edge Capital, with other new investors taxi aggregator Ola and US-based Meru Capital also getting on board.


Retail
Offline retailers spend well on customer acquisition
Customer acquisition is the primary marketing objective of not just online retailers. Now even offline retailers spend heavily on customer acquisition

Retail
Not considering any plan to introduce FDI in e-commerce retail, says government
Not considering  any plan to introduce FDI in e-commerce retail, says government - Economic Times
Commerce ministry is holding stakeholder talks with industry and states on the issues related with e-commerce such as its definition.

Retail


Telecom
Airtel denies plans to exit Africa, says sale of operations to Orange will reduce debt
Airtel denies  plans to exit Africa, says sale of operations to Orange will reduce debt - Economic Times
The two companies agreed to exclusive negotiations of a merger

Telecom
India's mobile commerce revolution
India's mobile commerce  revolution - YourStory.com
An article in the 'Times of India' on April 6th ran the headline: 'Myntra to shut website from May 1.' To a casual observer, this statement might have seem

Telecom
HC to hear plea against Maran bail tomorrow
During this shifting process, the accused illegally obtained another 363 high end connections under service category. The CBI has estimated the loss to exchequer at Rs 1,78,71,391.

Telecom
Thanks to TRAI, Uninor breaks even for the first time
Thanks to TRAI, Uninor breaks  even for the first time - Real Time News, India
Real Time News, India
Real Time News, IndiaUninor, the Indian brand of Telenor, has managed to break even at an operating level for the first time in India, thanks to the recent cut in termination charges by telecom regulator TRAI. TRAI had, about five months ago, cut termination charges (paid


Finance
Sebi busts billion-dollar 'tax evasion shops' in stock market
Sebi busts billion-dollar  'tax evasion shops' in stock market - Business Standard
More than 900 entities have been banned from capital markets by Sebi and it has also referred these cases to the Income Tax Department

Finance
MakeMyTrip to pick 28% stake in HolidayIQ for $15M
MakeMyTrip to pick 28% stake in  HolidayIQ for $15M - VC Circle
India's top online travel agency MakeMyTrip will buy around 28 per cent stake in Indian travel community and holidays-planning recommendation engine HolidayIQ for $15 million (Rs 95 crore), it said on Wednesday.

Finance
RBI in overdrive to mop up liquidity in banking system
High level of liquidity is due to lower credit growth, increased government spending, and some dollar-forward position of RBI getting matured

Finance
Arcil to go slow in buying bank NPAs
Bad loan aggregator seeks to consolidate its current assets under management, arrange capital in next one year


Food/FMCG
Coca-Cola loses fizz, volume growth dips to single digits year on year
Unseasonal rains this year in the three months ended June impacted both Coca-Cola and PepsiCo, which had to cut back production with production cycles running only twothree days a week at least for a limited time.

Food/FMCG
Five takeaways from HUL's first quarter earnings
Consumption recovery is going to take a while—that's the key message from the company's latest earnings report

Food/FMCG
Mere suspicion about sub-standard food item enough for action: FSSAI
Mere suspicion  about sub-standard food item enough for action: FSSAI - ET
During last hearing, Nestle India had told the Bombay HC that a certain batch of its instant food product may have contained lead beyond permissible limit.

Food/FMCG
Domino's Pizza outlet's license suspended for 'below standard' sauce
Domino's  Pizza outlet's license suspended for 'below standard' sauce - ET
License of a Domino's Pizza outlet at NH-24 in Amroha was suspended today by the authorities for allegedly supplying "below standard" sauce.


Software

Software
Reliance Communications launches incubation projects to provide low cost infra for startups
Reliance Communications launches  incubation projects to provide low cost infra for startups - Economic Times
The company is also planning to help Indian startups through incubation, under which it will provide low-cost cloud infrastructure..

Software
Sanjoy Jalona, business head of 23% revenue at Infosys may join L&T Infotech as CEO
Sanjoy Jalona, business head of  23% revenue at Infosys may join L&T Infotech as CEO - Livemint
Sanjoy Jalona, Infosys' Executive Vice-President and global head, high-tech and man

Software
Venture Capital firm Orios plans to raise another Rs 900 crore : Will invest in financial tech and B2B companies
Venture Capital firm Orios plans  to raise another Rs 900 crore : Will invest in financial tech and B2B companies - Economic Times
The fund will have the option to raise up to Rs 1,200 crore, taking it in the league of larger VC firms like Kalaari Capital and Helion Venture Partners.


Ecommerce
Jabongs Q1 net loss widens to Rs 113.9 crore in the quarter from Rs 69.4 crore year-on-year; net revenue grows nearly 36% to Rs 199.2 crore
Jabongs Q1 net loss widens to Rs  113.9 crore in the quarter from Rs 69.4 crore year-on-year; net revenue grows nearly 36% to Rs 199.2 crore - Economic Times
Rocket Internet, the parent company behind India-headquartered fashion-only e-commerce platform Jabong, has today released financial results for the quarter ending June 2015. And as far as Jabong goes, the fashion brand saw an impressive 36% growth in revenues and 10% increase in EBITDA as compared to the same quarter previous year.

Ecommerce
GoDaddy launches 'GoDaddy Online store' in India to help small and medium enterprises in the country to set up their own e-Commerce websites
GoDaddy launches 'GoDaddy  Online store' in India to help small and medium enterprises in the country to set up their own e-Commerce websites - Economic Times
GoDaddy today launched its 'GoDaddy Online store' in the country to help small and medium enterprises (SMEs) in the country to set up their own e-Commerce websites.

Ecommerce
Reliance Retail appoints Sanjay Mehra as the chief executive for its fashion and lifestyle ecommerce business
Reliance Retail appoints Sanjay  Mehra as the chief executive for its fashion and lifestyle ecommerce business - Economic Times
Reliance Retail has appointed Sanjay Mehra as the chief executive for its fashion and lifestyle ecommerce business, the company revealed in an internal email to its employees.


Franchise
5 Secrets to grow your business fast as a franchise when youre planning your franchise model
5 Secrets to grow your business  fast as a franchise when youre planning your franchise model - Entrepreneur
As a franchisor, you'll want your franchisees to have a plan -- your plan -- in place.


HR
Accenture to Scrap Performance Reviews: Will Indian IT Firms Follow?
Accenture to  Scrap Performance Reviews: Will Indian IT Firms Follow? - NDTV
On a day when Microsoft reported its biggest-ever quarterly loss and Apple disappointed analysts with its sales forecast, the attention of many IT employees and recruiters in India was firmly focused on Accenture.

HR
Vishal Sikka brings Infosys back on growth path; Q1 profit up 5%
Vishal Sikka brings Infosys back  on growth path; Q1 profit up 5% - Daily News & Analysis
- Vishal Sikka, CEO and MD, Infosys Ltd, said, "We do want to acquire innovative companies, small ones. We are not interested in acquiring revenues or market-share. We want to acquire capabilities that will help us advance our strategic endeavors."

HR
Companies in India create thousands of US jobs
Companies in India create  thousands of US jobs - The Indian Panorama
"The 100 Indian-based companies surveyed for the study have made an aggregate $15.3 billion investment in their U.S. operations. That, in turn, has created

HR
How smart wearables help boost employee productivity
The research also revealed that wearable technologies increase employee job satisfaction by 3.5 per cent, so there's a positive outlook for staff retention from this kind of technology as well.


Logistics
TN Warehousing Corporation achieves new record; increases from 69% to 93% occupancy in the state
TN Warehousing Corporation  achieves new record; increases from 69% to 93% occupancy in the state - The Hindu
The Tamil Nadu Warehousing Corporation Limited has achieved 93 per cent in godown occupancy in the State, according to sources.The corporation's godown occupancy level was just 69 per cent in December 2014. The total ca

Logistics
AMI giving Indian freight agents added import control by enabling ideal time optimisation of the arrival of imports
New service caters for virtually any commodity, except perishables, and users can choose between direct expedited service or an economy consolidated option.

Logistics
India's 12 major ports added 71 MT capacity in PM Modi government's first year; equal to what has been achieved over a decade earlier
India's 12 major ports added  71 MT capacity in PM Modi government's first year; equal to what has been achieved over a decade earlier - Economic Times
The capacity addition since the Modi government took charge is part of an ambitious port-led development strategy drawn up by the government.

Logistics
SAIL's Rs 70000 crore modernisation programme complete, would boost capacity to 23 million tonnes per annum: Narendra Singh Tomar
The government has planned to invest Rs 1.25 lakh crore for next phase of expansion to achieve target of 50 MTPA from SAIL alone, he added.


Construction
Rising land prices create roadblocks for highway projects
To fast-track building of highways in tough terrains and border areas, National Highways and Infrastructure Development Corporation aims to award projects worth Rs 48,000 crore next fiscal. The NHIDCL is handling projects worth Rs 50,000 crore at

Construction
Lafarge's eastern India units maybe acquired by Heidelberg
Lafarge's eastern India  units maybe acquired by Heidelberg - Financial Express
German cement major Heidelberg, which is looking to ramp up its capacity in the country through acquisitions, is understood to have placed the highest bid for acquiring the units of Lafarge in eastern India.

Construction
Real estate firm officials in Gurgaon booked for cheating buyer
Senior management officials of a real estate firm have been booked for allegedly cheating a flat buyer out of Rs 65 lakh.

Construction
Some tips for NRIs who wish to invest in Indian real estate
Non-resident Indians (NRIs) and persons of Indian origin (PIOs) are entitled to investing in residential real estate in the country, as per guidelines issued by the Reserve Bank of India.


Marketing
How Motorola roared back in India entirely on digital brand building : Case study
How Motorola  roared back in India entirely on digital brand building : Case study - Best Media Info
Rachna Lather, Head of Marketing, Motorola Mobility India, speaks about how Motorola's campaigns have helped bolster the consumer engagement factor for the brand

Marketing

Marketing
Mashable to launch in India by August : Report
The portal has joined hands with Zee Entertainment Enterprises promoted India.com

Marketing
Ola, Uber expansion hits growth of autorickshaw aggregators : Report
Autorickshaw aggregators are striving hard to match the lower prices and driver incentives offered by their well-capitalized rivals


Politics
You always do this: Sonia slams Tharoor for speaking against Cong strategy in Parliament

Sonia Gandhi lashed out at Shashi Tharoor at a meeting of the party legislators on Wednesday.

Politics
All noise, no substance: Congress lacks real strategy to washout monsoon session

The Congress seems to have seriously erred in its monsoon session washout policy. It was successfully disrupting proceedings of both houses of Parliament, forcing repeated adjournments for second consecutive day, but the manner in which it chose to do so and subsequent events clearly reflected that it neither had a good strategy nor broad support of other parties in opposition.

Politics
Two wrongs don't make a right: Sushma Swaraj's Bagrodia defence only weakens her case

The problem is the indignant Sushma Swaraj does not realize that 'people who live in glass houses should not throw stones' applies equally to her. - Firstpost

Politics
L-G Jung's decision to annul Maliwal's appointment as DCW chief 'fully justified', says BJP

BJP on Wednesday welcomed Lieutenant Governor Najeeb Jung's decision to annul appointment of Swati Maliwal as chief of Delhi Commission for Women, terming it as "fully justified" and one keeping with spirit of Constitution.


Sports
Sangram Singh wins Commonwealth Heavyweight Championship, says hard work paid off

Sangram Singh defeated the the Canadian wrestler Joe Legend to become the Common Wealth Wrestling Champion.

Sports
Virat Kohli reveals 'the place where it all started'

Virat Kohli posted his selfie wearing a T-shirt of the West Delhi Cricket Academy, the 'place where it all started.'

Sports
Hockey legend Dhyan Chand to be honoured in British parliament

On behalf of Dhyan Chand, his son and former Indian hockey player Ashok Kumar will receive the award.

Sports
For Sri Lanka, unchanged Team India possibly

After one-off Test against Bangladesh, selectors likely to focus on continuity for Sri Lanka Test series.


Entertainment
AR Rahman yet to come on board for Priyadarshan's project: Producer Vijay

Producer Vijay says composer A.R. Rahman is yet to be approached to compose Priyadarshan movie's background score.

Entertainment
Salman Khan's 'Bajrangi Bhaijaan' collects Rs 150 cr in five days of release

'Bajrangi Bhaijaan' box office collection: Salman Khan film has crossed the Rs 150 crore mark in just five days of its release.

Entertainment
French film 'The Big Day' showcases Anand Kumar's Super 30 success

Mathematician Anand Kumar's Super 30, acclaimed for helping students of deprived section to crack the prestigious IIT entrance examination, now features in a film made by famous French director Pascal Plisson.

Entertainment
Indian-born American doctor Siddhartha Mukherjee's cancer documentary gets Emmy nomination

Pulitzer winning Indian-born American doctor Siddhartha Mukherjee has been nominated for an Emmy Award for his documentary series on cancer.


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