July 29, 2015 - Taxi hailing app Ola turns 'app-oholic': To shut website and become app-only platform

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Digital Taxi hailing app Ola turns 'app-oholic': To shut website and become app-only platform The cab-hailing service will operate its call centre only for customer support and assistance and not to take orders Digital Flipkart closes Rs 4,500 crore fund round, but can it compete with Amazon's $5 bn war chest plan Flipkart has closed a funding round of $700 million (Rs 4,500 crore) at a valuation of $15 billion, scooping up capital for the first time this year as the battle for dominance in the Indian online retail market heats up. Digital Side-effects of Automation: TCS, Wipro and Infosys combined have lost over 100,000 people in four quarters Experts say employees were also switching companies, based on career prospects and performance of their respective firms. Digital Former Microsoft India MD Srini Koppolu launches Veooz -- a multi-lingual news app The app will bring easy access to breaking news and important stories, selected from thousands of sources using patented algorithms. | Former Microsoft India MD Srini Koppolu launches Veooz app | Indian Television Dot Com Retail Flipkart Launches 20 Self Pick-Up Stores Indias biggest e-commerce player Flipkart has announced the launch of 20 stores across the country where customers can collect their shipments at their own convenient time. Retail Brick-and-mortar retailers rush to expand online As brick-and-mortar chains fall behind e-tailers, they are looking to adopt an omni-channel approach to stay in the game Retail The 21 coolest people in Silicon Valley under 30 SFGate SFGateAlong with Morgan Springer and Matt Kent, Gagan Biyani, 28, and Neeraj Berry, 27, launched on-demand fresh-food delivery service Sprig in November 2013. As CEO, Biyani's mission is for Sprig to become "the easiest way to eat healthy in the world.".sp;» Retail Amazon India hires new head for seller services from parent firm Amit Deshpande will be replaced by Gopal Pillai, general manager, consumer electronics, at Amazon Telecom With Airtel & Vodafone breathing down their neck, Reliance to launch 4G telecom venture with over 1 000 Jio Centres The story goes that some months ago an investor expressed impatience with Idea Cellular's stance that the Indian consumer wasn't ready for 4G or next-generati.. Telecom Digital India: Centre's new law to rationalise Right of Way procedures for laying telecom infrastructure Top government sources confirmed to ET that the Attorney General of India has given the go ahead to the Telecom Department for framing of rules under the Indian Telegraph Act, 1885 . Telecom Uninor looking to grow in India, says exiting Telenor CEO Jon Fredrik Baksaas Uninor may have faced existential challenges in India but all those are behind and the telecom operator is looking to grow its presence in the country Telecom Online & telecom services under lens The cyber cell of the Nashik police has warned the cyber café owners here against providing online services to those who fail to furnish their identity proof. Even mobile shopowners have been directed to ensure that required documents, including Identity card and proper photo, are collected before allocating SIM cards to the customers. Finance The Singhania vs Singhania Battle: what went wrong? Strife over inheritance of wealth comes back to haunt the Singhania family of Raymond Finance Mines Ministry asks states to consider SBI Capital, MSTC for auctions SBI Capital has been already been engaged by Coal Ministry as transaction advisor for coal block auctions Finance Rising bad debt hits PSU banks' health The performance of public sector bank majors such as Punjab National Bank, Union Bank of India, Bank of India and Syndicate Bank for the first quarter ended June, 2015 has disappointed stock market, investors and the a Finance Surging bad loans: Jaitley is worsening the problem by delaying public bank funding The survival of state-run banks in the long-term is inevitably linked to the government's willingness to cut stake in public banks and letting these banks raise capital Food/FMCG Maggi case: Nestle violated laws, alleges Maharashtra FDA The Food and Drugs Administration of Maharashtra today told the Bombay High Court that Maggi noodles manufacturer Nestle India violated laws with the lead level in the popular instant snack being above the permissible limit. Food/FMCG Under FSSAI lens, Venky's cuts supply of its processed chicken products Apart from delivering to hundreds of meat retailers in the country, the company also supplies to Indian outlets of fast-food chains. Food/FMCG Coca-Cola India undertakes first production cut in a decade The move comes on the back of falling sales for a while now Food/FMCG Local brands are most chosen in India: survey Parle, followed by Clinic Plus and Amul, are the top three brands in the IMRB Kantar Worldpanel's ranking of most chosen consumer brands in India Software Why Goldman Sachs is becoming a tech-investing and spending time in Silicon Valley? The inside story of how—and why—Goldman Sachs became a tech-investing powerhouse Software France's Altran makes 3rd acquisition in India : Buys Bengaluru-based semiconductor design company Sicon Design France's innovation and consulting firm Altran today said it has acquired homegrown SiC Ecommerce Snapdeal appoints Amit Maheshwari as the Chief Executive Officer of the recently acquired online premium fashion destination, Exclusively.Com Snapdeal today said it has elevated Amit Maheshwari as the Chief Executive Officer of the recently acquired online premium fashion destination, Exclusively.com. Ecommerce Big Basket to unleash 2-wheeler deliveries as hyper local model catches grocers' fancy The convenience of getting groceries delivered to one's doorstep is no longer good enough. Now e-tailers in the online grocery space are going a step further by adopting the hyper local model. This leads to shorter delivery times, brings in more efficiency into the whole bargain and these e-tailers get a bigger share of the customer's wallet. Ecommerce Gokul Rajaram, product engineering lead at payments firm Square, taking on the role of a special adviser at home design and decor startup Livspace Gokul Rajaram, product engineering lead at San Francisco-based payments firm Square, is taking on the role of a special adviser at home design and decor startup Livspace. Ecommerce Taking on the giants: Indias Jugnoo acquires three-year-old cab aggregator BookMyCab to battle Ola and Uber With this acquisition, Jugnoo wants to get a faster entry into bigger cities with taxi aggregation. Franchise Surprising facts about franchising in Australia Franchising is big business in Australia HR India's Top Recruiters: Cognizant tops ET's study; Wipro, Deloitte, HCL, ICICI follow These numbers reflect what is easily the most aggressive MBA talent drive in the five years that the ET Indias Top Recruiters study is being conducted. HR 7th Pay Commission Likely to Hike Salaries By 40%: Credit Suisse Credit Suisse says about one-third of Indias middle class is employed by the government and as the 7th Pay Commission comes through, there will be an improvement in discretionary spending. HR EPFO launches special drive for activation of UAN Employees Provident Fund Organization on Monday launched a special drive for activation of Universal Account Number, KYC seeding work and Aadhar enrolment camps in association with Unique Identification Authority of India. Logistics In talks with IndiGo, not SpiceJet: Qatar Airways, Indigo may look at a stake sale to the extent of Rs 2,500 cr Logistics Vijayawada railway is progressing, will see WiFi there soon: DRM Vijayawada railways progressing, WiFi will be introduced soon: DRM. The divisional railway manager, Ashok Kumar, south central railway, said that free WiFi services would soon be introduced at the stations. He said, "The railway authorities provide free WiFi to passengers for the first thirty minutes." Logistics Suresh Prabhu seeks higher pay for Railway Board Chairman, GMs Moots CRB on a par with COAS Logistics 'Experience Zones' or customer walk in centres being launched by Flipkart; these 20 pick-up centres in 10 cities will mitigate delivery issues 'Experience zones' will allow customers to collect shipments at their own convenience Construction Defence land to be unlocked to serve India's cities In just 4 cities—Bangalore, Pune, Lucknow and Chennai—it can provide for 29 lakh housing units, 15% of India's total affordable housing requirement Construction Rs 500 crore raised by Prestige Estates Prestige Estates Projects said it has raised Rs 500 crore through issue of non-convertible debentures and the fund would be utilised for expansion and acquisition. Construction Mortgage lender HDFC's net profit up in Q1 Shares of Housing Development Finance Corporation fell over 2 per cen after the company's June quarter earnings failed to impress investors... Construction Don't take posession for incomplete house Ask developer to complete the house, or compensate for deficient service. Legal route is also available Marketing The Role of Innovation is Less in FMCG Marketing, Than Telecom : Shubhajit Sen Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities Marketing Alibaba Group Hold Ltd Signs Agreement With Real Madrid Real Madrid football club announced Sunday that they have signed a deal with Alibaba to sell merchandise in China. Real Madrid has setup a.. Politics Land bill row: Congress, JD(U), CPI(M) seek 'total withdrawal' of proposed changes by NDA Congress, CPI-M and JD-U have sought a "total withdrawal" of proposed changes by the NDA government in the 2013 Land Act. Politics Post-Godhra riots, BJP used APJ Abdul Kalam's presidency to counter 'anti-Muslim' image Some names were discussed and that list included Dr APJ Abdul Kalam. But no BJP leader and even George Fernandes was confident that Kalam would oblige to play a political game. Politics Gurdaspur attackers had come using Ravi river, had more plans Politics AAP govt removes posters, hoardings critical of PM Sports Terror will have to completely go before India-Pakistan series could happen: Sourav Ganguly backs BCCI Gurdaspur attacks had prompted BCCI secretary Anurag Thakur to declare that cricket between India and Pakistan will take a backseat for a while. Sports Sachin Tendulkar pays last respects to APJ Abdul Kalam Kalam, aged 83, passed away on Monday in Shillong where he had gone to deliver a lecture to IIM students. Sports Archers make Rio Olympics cut as Deepika Kumari pulls her weight Deepika Kumari, alongside Laxmi Rani Majhi and Rimil Buriuly shot confidently to win qualification for the 2016 Games. Sports 20 Mind-Bending Sports Facts Facts can be your best friend or your greatest enemy—it all depends on the situation. Of course, sometimes "the facts" aren't really the facts , which makes knowing how ... Entertainment Actors think 100 times before working with independent filmmakers: Muzaffar Ali Muzaffar Ali says actors are nowadays unsure about working with independent filmmakers as they are more inclined towards big budget and mainstream cinema. Entertainment 'Top Gun 2′ would be fun to do: Tom Cruise Tom Cruise says he would love to do a sequel of his 1983 hit action drama 'Top Gun'. Entertainment Why Alfred Hitchcock movies grab our attention found The movies of Alfred Hitchcock nicknamed the 'Master of Suspense' have made our palms sweat and pulses race for more than 65 years. Entertainment Relief for Salman Khan as Rajasthan HC admits 5 witnesses The move means the case will now linger as the lower court will have to re-examine the five prosecution witnesses. 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