August 10, 2015 - Here's what SoftBank President Nikesh Arora has to say on Indian startup valuations

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Digital Here's what SoftBank President Nikesh Arora has to say on Indian startup valuations SoftBank Corp President Nikesh Arora has cautioned that valuations have raced "far ahead" of what they should be, in an exclusive interview to ET. Digital Bookmycab: Why Avinash Gupta who founded the taxi aggregator service a decade ago finally sold it when things were looking up Gupta rechristened AVN to Liveminds Solutions and, two years later, applied for a call-taxi licence in Mumbai and started operations. Digital Delhi-based mobile social network MyPoolin wins Qualcomm Ventures' QPrize Delhi-based startup MyPoolin, a mobile social network that allows friends to split payments for a variety of uses, has been named the recipient of the fifth edition of QPrize. Digital Mobile SaaS startup SignEasy plans to raise up to Rs 32 crore in Series A It is a San Francisco-based startup that offers software-as-a-service mobile-first solution to electronically sign and fill documents from any digital device Retail Facebook set to launch online shopping festival, ties up with GroupM Facebook is looking to tap the enthusiasm in India for online shopping by launching a shopping festival named Tied Together on the occasion of Raksha Bandhan Retail How Indian e-commerce companies are using their first lifecycle email Welcome emails are extremely important. It's the first message which a new subscriber receives from your brand, so it's a great opportunity for you to crea Retail Yum! Brands to split operations between Devyani International, Samara Capital The exiting franchisees include Dubai-based Dodsal group, KFC Holdings Malaysia, Punjab-based ANPPL and a smaller one in Kerala. Retail Huawei revamps offline mobile business to clock 10% India market share - Huawei has partnered with retail chains Croma, Sangeetha and Reliance Digital and further revamping its national call centre with to strengthen its service for India customers. Telecom Bharti Airtel attempts to steal Reliance Jio's 4G thunder, early mover advantage may help Bharti in the upcoming battle with Jio Though investors may not see the move as a game-changer, the early mover advantage may help Bharti in the upcoming battle with Reliance Jio Telecom Nationwide MNP: Too much hype, not much to gain Telecom MobileSparks 2015: 10 upcoming mobile start-ups from India MobileSparks is YourStory's conference on mobile which was started in 2012 and has been showcasing the best in the world of Indian mobile startups. More th Telecom Global mobile firms bet Indian market for smartphones Global Mobile Firms Bet Indian Market For Smartphones. India has over 790 million mobile users with a penetration rate of 65 percent. With mobile users in India growing by a whopping 20 million every month, many international mobile manufacturing companies are launching smart phones to grab a larger share of the Indian market. Finance Central Bank of India to divest stake in housing finance arm via IPO Central Bank of India will divest a part of its stake in its subsidiary Cent Finance Parliamentary panel asks finance ministry to make 15% of PSB branches all-women offices A parliamentary panel has recommended making at least 15% PSB branches all-women offices to provide safe and convenient work environment to women. Finance Why is Capital infusion in public sector banks, a band-aid solution In the past 15 years, the govt has infused more than `81,000 crore capital in PSU banks but this capital is eroding due to rising bad assets Finance Central Bank of India to raise Rs.3,000 crore capital this fiscal The bank plans to raise the amount from the govt and through the qualified institutional placement route Food/FMCG Cosmetics firm to triple capacity in 2016 BACK in 1994, Engr. Leonora Salvane produced about 50 handmade papaya soap bars a day in her house in Liloan. What was once a small enterprise has grown into a company that produces a full line of soaps, creams and lotions. Today, GT Cosmetics Manufacturing makes over 8,000 bars of soap a day, 18,000 jars of cream and 5,585 bottles of cleanser, toner and lotion from its two plants in Liloan and Marilao, Bulacan. They employ 350 workers. The company plans to open a third facility that will triple its capacity next year. Food/FMCG Maggi samples fail test in Lucknow laboratory: Official Five more samples of Maggi have failed tests at a laboratory here as they contained lead content beyond the permissible limit, an official said. Food/FMCG Future Consumer Enterprise Q1 net loss widens to Rs.32.35 cr Firm also announces a 50:50 JV with Swiss personal goods maker Mibelle AG Software Foxconn to invest $5 billion in Maharashtra : May set up a factory in every Indian state in 10 years Foxconn, the global electronic manufacturing giant and one of the key suppliers to Apple, has decided to invest a whopping $5 billion in Maharashtra over the next three years for electronic manufacturing facilities. Software InMobi launches 'Made in India' advertising OS : Plans to take on Facebook and Google Hindustan Times This could be India's most courageous software venture yet if it takes off and goes public as planned with a "Made In India" product story to match from its founders - all of whom are IITans from Uttar Pradesh's small towns. Miip, a teddy bear-like Software Startups offering fancy designations to catch on with the talent chase Catching them young seems to be the mantra for Indian companies as they try out new 'quirky' designations attract key talent. Software Smart schools start embracing digital revolution to launch online content and new learning groups While the Centre pushes for a digital revolution, some schools in the city have already started using the technology, and how! Ecommerce Housing.com plans to lay off at least 600 employees in the next three months, steps up focus on its core technology and product and tightens its cash burn Realty portal Housing.com plans to lay off at least 600 employees in the next three months, as it steps up focus on its core technology and product and tighte.. Ecommerce Jabong looking to create a second line of leadership to brace up and fight rivals such as Flipkart, Myntra and Snapdeal Once the top team of about 5-6 positions are in place, Sinha said he will also look to hire someone for the position of the CEO to fill in the shoes of the founders. Ecommerce The learning that comes along with building a product for a billion users: Flipkarts Peeyush talks at MobileSparks Indian internet giant Flipkart has been on a hiring spree and making news in recent times for hiring some key talent from Silicon Valley. Punit Soni joined Ecommerce Qualcomm, Accel jointly invest $350,000 in MyPoolin and Flip Technologies on the basis of the product innovation, industry potential, customer response Franchise Franchisee Journey: From college student studying hotel management to operating a diverse portfolio of franchise businesses in multiple locations with older brother Jesse Keyser jumped into franchising first, before taking little brother (and new college grad) Charles under his wing. Franchise Using the analysis of meaningful data provided by benchmarking to compare your performance as a franchisor relative to other franchise brands - Franchise AdviceAs important as benchmarking is within a system, franchisors do little active benchmarking among themselves to rate their own performance measures. There are a number of very useful benchmarks that franchisors in can use to compare their performance relative to other franchise brands. HR Apple supplier Foxconn is spending $5B on a factory in India (By Devidutta Tripathy, Reuters) – Taiwan's Foxconn, the world's largest contract electronics manufacturer and a key supplier to Apple, on Saturday signed a pact with India's Maharashtra state to invest $5 billion over five years on a new electronics manufacturing facility. HR 10 jobs that will make you happy AND rich VFS Digital Design/FlickrTurns out "happy career" and "fat paycheck" aren't mutually exclusive.Most people believe "a happy career" and "a fat paycheck" are HR 'We aim to attract investments that can create lots of jobs' t a time industrial units in Tamil Nadu and Andhra Pradesh are scouting for a place free of controversies to set up their factories, Sri City, a private multi-product operational SEZ (special economic zone) located 60 k HR Construction hands to get medical benefits Now, lakhs of labourers working on construction sites can avail medical benefits under the labour ministry's Employee State Insurance (ESI) scheme. Logistics After 100 plus years :Indian Railways to come out with goods train time table Aiming at a paradigm shift in the freight operations, Indian Railways will come out with a Time Table for goods train movement, a first for the public transporter, to attract more loadings and improve the delivery schedule. Logistics Help to those who suffered as Emergency 'victims': Haryana plans IDs, free bus ride The Haryana government claimed that there were at least 90,000 people in different jails during the Emergency of which 2,000 were from Haryana. Logistics Govt fixes freight rate of minerals; freight upto a distance of 100km is fixed at Rs 2000 a day plus twice running cost or Rs 3,500, whichever is higher The The state government on Friday notified the ceiling on freight charges for transportation of minerals. It will be applicable in Angul, Jajpur, Keonjhar, Sundargarh and Jagatsinghpur districts. Logistics LeT plans plane hijack in Jammu and Kashmir, to secure the release of 20 of their militant mates After failing to hijack a BSF bus on August 5 and a Punjab roadways bus in Dinanagar on July 27, the Lashkar-e-Taiba (LeT) is now planning to hijack airplanes in Jammu and Kashmir to secure the release of more than 20 arrested militants, highly placed sources told Mail Today. Construction Farmland law boon for the middle class The Karnataka government's decision to allow non-agriculturists with annual income up to Rs 25 lakh to buy farmland will allow middle income families to enter an area they were till now barred from, and weed out a lot of corruption from the system. Construction Maintainence high for flats in Noida Extension Those who are taking over possession of apartments they bought at relatively cheap rates in the upcoming Noida Extension, face a new quandary. Construction South Mumbai penthouse sold for whopping Rs 202 crore Even as Mumbai's real estate market reels under a stressful period with slowing sales velocity and with buyers sitting on the fence, waiting for prices to drop, a one-off deal in the island city's luxury market for Rs 202 crore is making headlines. Construction Real estate sector haunted by Recession and inflation Steep corrections in Delhi & Mumbai in the late 1990s had spurred the demand. This could happen again Marketing Indian advertisers are missing the potential of mobile advertising : Thanks to their low budget allocation There has never been a piece of technology in human history ownership numbers for which has surpassed the human population itself. At seven billion users, Marketing The genesis and growth of the seven-year-old phenomenon called Practo : Report Shasank ND, Founder and CEO, Practo, gave some insight into how mobile and healthcare have grown and integrated over the years for his company, at MobileSparks 2015. Practo, today, is Asia's number one healthcare technology platform, having presence in six countries and 35 cities in India. Marketing Indian govt's marketing mantra to make Porn ban look sexier : Report Hindustan Times Porn ban: Indian govt's marketing mantra to make it look sexierIt's a tried and tested formula that even the previous, otherwise ban-friendly government of the silent kind did not use on porn, which is a pity if one assumes that the Indian State has all along wanted to help the ever-growing sex-video industry grow Marketing Evolution and Future of Online Payments Industry in India The online payment industry is worth over 20 billion US dollars currently and expected to grow many folds in the time to come. Politics After J K snub, India threatens to boycott Commonwealth Parliamentary Conference in Pakistan LS Speaker Sumitra Mahajan and the Speakers of state Assemblies are likely to boycott the Commonwealth Parliamentary Conference in Islamabad after Pakistan chose not to extend an invitation to the Jammu and Kashmir Assembly Speaker Kavinder Gupta Politics Of bytes, theatrics, death and eloquence: Sonia-Sushma skirmish escalates into war of words between BJP and Congress There was no let up in tension between the ruling BJP government and Congress over the Lalit Modi controversy. Politics Bill to set time limit of one year for disposal of mercy petitions by President introduced in LS A Private Member was introduced in Lok Sabha seeking to impose a time limit of one year for disposal of mercy petitions by President in cases of offences concerning terrorism or sedition. Politics Drama queen moment: Sushma should make her case through evidence, not emotions It's not through human emotions that a person of official authority should make her/his case, but through evidence. Sports World T20: BCCI to keep Pakistan away from Maharashtra Maharashtra has two Test centres — VCA in Nagpur and MCA (Wankhede Stadium) which have been picked to host T20 World Cup. Sports England reclaim Ashes, English media praises lot The English media gave a thumps-up to England's performance and many newspapers claimed the win as 'crushing.' Sports Michael Clarke retires: Australia skipper's top five knocks in Tests Here are some of Michael Clarke's top knocks that brought glory to his nation. Sports On his visit to India, Satnam Singh Bhamara focuses on improving basketball's state in the country Satnam, who became the first Indian player to get picket in NBA Draft, was the centre of attraction Ludhiana's Guru Nanak stadium. Entertainment There is outrageous discrepancy in Hollywood: Natalie Portman Natalie Portman has insisted that she is sick of the massive pay gap between men and women in Hollywood. Entertainment Prime Minister Narendra Modi asks actors, youths to popularise handloom Prime Minister Narendra Modi urged movie stars, youths and others to use handloom products to give a much needed boost to the sector. Entertainment Farhan Akhtar happy with response to his 'Music Diaries' Farhan Akhtar has been sharing insights from his live concerts through television. Entertainment Mariah Carey to guest star in 'Empire' Pop star Mariah Carey is to have a guest role in the second series of "Empire". 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