July 31, 2015 - E-commerce cos and tech startups like Flipkart outpace IT/ITes firms as India's biggest office space takers

View online   Advertise              Unsubscribe from TradeBriefs DailyMountain View

Digital E-commerce cos and tech startups like Flipkart outpace IT/ITes firms as India's biggest office space takers Ecommerce companies and technology startups outpaced IT/ITeS firms for the first time as the biggest office space taker in the country in the first half of the year. Digital Handset vendors Micromax, Karbonn, Lava hike digital ad spend to woo e-commerce buyers Micromax spends about 2% of its sales on advertising and marketing. In 2014-15, it posted sales of over Rs 10,000 crore. Digital Former Infosys CEO Kris Gopalakrishnan investing in crowdsourced software testing startup NinetyNine Tests Infosys co-founder and its former CEO, Kris Gopalakrishnan and other individual investors are in the final stages of investing in Bangalore-based startup NinetyNine Tests Software Pvt Ltd, which runs an online community offering crowdsourced software testing services, sources privy to the development said. Digital Does having attended an IIT contribute to an entrepreneur's success in tech sector? After seeing the challenges that Explara founder Santosh Panda faces as an entrepreneur, his wife often jokes that she wants their sons (aged six and four) to study at an Indian Institute of Technology (IIT). After all, IIT alumni are leading the pack in India's red-hot technology startup space. Five of the seven Indian companies that have recently entered the... Retail Rising ecommerce giant wins title sponsorship rights for Indian cricket for four years The four-year deal that covers 84 matches to be played in India under the aegis of BCCI will cost Paytm Rs203.28 crore Retail Amazon India's eCommerce business booming in tier 2 cities Popular eCommerce giant Amazon.in on July 29, 2015 announced said it is witnessing a stupendous growth in its online retail business from Tier-II cities. Retail UAE-based Tablez Food to invest Rs 85 crore in premium ice cream business in India, Sri Lanka Tablez Food Company Pvt Ltd, a leading food and beverage operators in the country, has Retail FSSAI non-compliant: Tata Starbucks, Kellogg, McCain fail to get FSSAI approval on lack of supporting documents While 34 products of Tata Starbucks have been rejected, two products of Kelloggs including Kellogg's special K Red Berries and special K Oats and Honey have b.. Telecom Clear, consistent road map will spur telecom growth in India: Ericsson India's Chris Houghton There is a major momentum for greater connectivity in India, but the potential can be realised only if the operators have enough spectrum, says Chris Houghton, Ericsson India Telecom Punit Soni talks about the future of e-commerce in India and why Flipkart is betting the farm on mobile - Saying Flipkart is growing at a tremendous scale would be an understatement of sorts, and recently the e-commerce raised $700 million at a valuation … Telecom One call that started India's mobile revolution India's mobile revolution started with one symbolic call on this day 20 years ago. Since then, India has emerged as the world's second-largest telecom market .. Telecom Nokia Networks rejects MTNL's purchase order for network expansion Long-pending network expansion plan of MTNL may get delayed further as telecom equipment supplier Nokia Networks has rejected the purchase order from the PSU... Finance BNP Paribas to buy retail brokerage Sharekhan for Rs2,200 crore Sharekhan will serve as a platform for the group's strategy in India, said Joris Dierckx, country head of BNP Paribas India Finance Samiran Chakraborty quits Standard Chartered to join Citibank Citibank has been without a chief India economist after Rohini Malkani quit the bank in April this year Finance Uber lines up $1 billion India investment Investment to be made over the next six-nine months with a target of doing more than one million rides a day Finance A year on, how Vishal Sikka has put his stamp on Infosys Collated from multiple meetings with analysts, investors, rivals, and insiders, are eight ways in which the CEO has been changing things at Infosys Food/FMCG What defines junk food? Health ministry has no idea The health ministry has done quite a lot in framing reports and conducting studies but has never defined junk food in any way. Food/FMCG Tata Starbucks, Kellogg, McCain fail to get FSSAI approval due to lack of supporting documents While 34 products of Tata Starbucks have been rejected, two products of Kelloggs including Kellogg's special K Red Berries and special K Oats and Honey have been rejected. Food/FMCG ITC lays off 40 senior, mid-level executives ITC fired around 40 senior and mid level execs from several depts over lack of satisfactory performance at a time when it faces pressure on revenues. Food/FMCG Nestle: FSSAI gave false statement on product application of Maggi Nestle India also denied accusations by the Maharashtra (FDA) of destroying evidence by burning the Maggi products in bulk. Software Uber gears up against local rivals : Will invest $1 billion in India over nine months After committing to a $1 billion investment in its Chinese operations, the ride-hailing company will do the same in India. Software Accenture India MD Avinash Vashistha quits to pursue entrepreneurial opportunities Consulting and outsourcing company Accenture has confirmed the resignation of chairman and managing director Avinash Vashistha and said it will soon announce his replacement. Software How Technology is helping CEOs stay connected with colleagues 24x7? Even as the CEOs cope with the jet lag of global travel, they have to manage their home offices and stay in touch with their direct reports. Software Infosys CEO Vishal Sikka speaks about the end of India's IT miracle and the need to innovate Infosys CEO Vishal Sikka on the need to amplify abilities and innovate Ecommerce Paytm plans to hire 1,900 people in product engineering and operations over the next three quarters and take its total headcount to 5,000 by end-March As much as two-thirds of the planned hiring will be in operations and the rest in product engineering, said Amit Sinha, vice-president, business and people, a.. Ecommerce Paytm bags 4-yr BCCI title sponsorship for Rs 203 cr; rights are for India's domestic and international cricket matches at home Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities Ecommerce Vakrangee enters into a strategic tie-up with Amazon India to provide marketing, promotional and other services through it 'Vakrangee Kendras' Vakrangee said it has entered into a strategic tie-up with Amazon India to provide marketing, promotional and other services through it 'Vakrangee Kendras'. Ecommerce Snapdeal to be profitable in 2-3 years, building the highways of commerce, investing tremendously in technology: CEO Kunal Bahl Venture capital firms poured in $2.256 billion (Rs. 14,428 crores) in Indian startups last year. Much of that went into e-commerce companies such as Flipkart, Snapdeal and Jabong, and none of them are Franchise Food-service franchise system Dairy Queen (DQ) announced a new menu through its recently launched DQ Bakes Institute, which is located at the companys headquarters in Minneapolis, Minn. The institute was established to inspire, develop and enhance future innovations in the DQ kitchen. The menu features new desserts, sandwiches and snacks served right from the oven that are made-to-order and customized to customers tastes. Franchise Easiest way to become a petrol pump owner Franchiseindia.com Essar Oil is a fully integrated oil and gas company of international scale with a strong presence across the hydrocarbon value chain from exploration and production to refining and oil retail, has a huge franchise network. It owns India's second HR Vishal Sikka, the outsider at Infosys, wants change Vishal Sikka wants to jettison some of Infosys's traditional businesses and focus on innovation and new technologies. In the one year since he took over as CEO and MD, he has been attempting to steer the IT giant towards his vision HR We have no loos, basic facilities, complain Flipkart delivery boys At least 400 delivery boys employed by Flipkart and Myntra struck work beginning Monday, accusing the e-commerce companies of denying them the most basic employee benefits, including toilets at the workplace, fixed duty timings and a six-day work week. HR Govt to ensure 80% jobs to Goans in industries: CM The opposition grilled the government over the slow pace of implementation of the Goa Investment Policy but chief minister Laxmikant Parsekar said that of the 46 projects cleared by the government, 33 are progressing well and government clearances were subject to two conditions: the industry should be environment- friendly and 80% jobs should be given to Goans. Logistics FreightBazaar Launches Integrated e-Transportation Platform, can download 'mTrux' application for this integrated market Logistics INSTC to slash cargo transport time to Russia to 30 days, instead of 55/60 days : Nitin Gadkari; new route via Iran to St. Perersberg cuts 25 days straight "It is expected that cargo by this route would reach Russia in about 25-30 days as against the present route through Suez which takes about 45-60 days," Gadkari said. Logistics Railways minister Suresh Prabhu fast-tracks bullet train plan Moots CRB on a par with COAS Logistics New startup 'Truckmandi' an online booking platform targets transport sector, currently at 20 transactions a year wants grow to 1500 transactions by the year end A capital-based startup is making efforts to bring the still offline and unorganised transport sector online. Construction New supply at all time low in residential market Commercial realty market is out of the woods. Construction Gurgaon's commercial real estate rises at phenomenal pace Stoked by swiftly expanding startups and multinational corporations, Gurgaon is fast emerging as the rising star of India's commercial real estate market, but the old guard in New Delhi and Mumbai's central business districts (CBD) is still holding strong. In the last year, commercial rental prices in Gurgaon's MG Road shot up by a staggering 30%—the... Construction Knight Frank India's study finds that there are no takers for 42000 houses in Ahmedabad Out of the total 42,000 unsold residential units in the city, 12,000 are presently in West Ahmedabad, making it one of the worst performing in the real estate market. Construction 48 percent of Bengaluru office space is occupied by Amazon and Flipkart E-commerce firms including Amazon, Flipkart and startups have driven the office market in Bengaluru in the first six months of 2015. Marketing Paytm bags 4-yr BCCI title sponsorship for Rs 203 cr : Report The rights are for India's domestic and international cricket matches at home Marketing Alibaba's 2 Moves To Expand Its Market Dominance In China : Report Alibaba is turning up the heat on online grocery shopping to counter Wal-Mart's expansion. Marketing Viber Hires Agencies for First Big Marketing Effort : Looks to Grow in US Viber is hiring agencies for its first big marketing push. Politics Two funerals: Abdul Kalam's compassion is reminder of what we denied Yakub Memon It is ironic that our media will be split between two funerals taking place at two corners of the country today. Former president APJ Abdul Kalam will be interred in Rameswaram and executed convict Yakub Memon in Mumbai. Politics All-party meeting convened by Lok Sabha Speaker fails to end Parliament logjam An all-party meeting convened by the Lok Sabha Speaker on Thursday failed to break the Parliament deadlock. Politics BJP And Congress Locked In Political Battle Over Yakub Memon Hanging NEW DELHI -- BJP today attacked Congress leaders Digvijay Singh and Shashi Tharoor for their statements on the hanging of Yakub Memon alleging they amounted to being "anti-national" and dema Politics PHOTOS: Nation Bids Farewell To 'People's President' APJ Abdul Kalam Thousands gathered to bid farewell to the People's President, Dr APJ Abdul Kalam, who was buried with full state honours at a public ground in Tamil Nadu's Rameswaram town, this afternoon. Prime Mi Sports Paytm becomes title sponsor of India's home matches till 2019 Paytm will pay Rs 2.42 crore per every home International fixture played by the Indian cricket team till 2019. Sports Twitter all praise as Dale Steyn joins 400 club The micro-blogging site Twitter was flooded with messages congratulating Dale Steyn on his latest feat. Sports Suresh Raina completes a decade in international cricket, 'thanks' fans, well-wishers Suresh Raina, 28, made his debut on July 30th 2005 against Sri Lanka at Dambulla and scored a duck. Sports Ashes 2015: Steve Finn's five-for puts England on brink of big win against Australia Australia hold a lead of 23 with three wickets remaining and three days to play after Steve Finn ripped their middle-order apart. Entertainment Nitya Menen in Suriya's '24' Nitya Menen has paired up with actor Suriya for the first time in upcoming Tamil thriller "24". Entertainment Huma Qureshi to star in Gurinder Chadha's 'The Viceroy House' Gurinder Chadha's film 'The Viceroy' House' will star Huma Qureshi in the lead role. Entertainment Well known vocalist Vasundhara Komkali passes away Vasundhara Komkali suffered a heart attack and later died at her residence on Wednesday (July 29). Entertainment Salman Khan 'Bajrangi Bhaijaan' nears the Rs 400 cr mark worldwide, mints Rs 266.22 cr in India 'Bajrangi Bhaijaan' starring Salman Khan, which grossed Rs. 266.22 cr in India alone, is doing good business in abroad too. 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. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India