August 11, 2015 - Micromax buys stake in US-based cloud service provider MiMedia

View online   Advertise              Unsubscribe from TradeBriefs Daily

Digital Micromax buys stake in US-based cloud service provider MiMedia Micromax would start to focus on making investments in software startups Digital India's mobile-first startups gain traction among Chinese investors India is expected to add over 35 mn smartphone subscribers a year to its 160 mn user base over the next three years Digital Sify founder R Ramaraj invests Rs 3 crore in Indian-helmed US-based fitness app maker Brainstorm Health Angel investor and founder of Sify, R Ramaraj, is said to be keen on promoting local entrepreneurship. Digital It's raining jobs in e-commerce sector! Amazon, Snapdeal, Paytm, and Flipkart ramping up workforce Livemint E-commerce firms like Amazon, Flipkart, Paytm and others embark on a hiring spreeAt India's largest e-commerce firm Flipkart, hiring is being done for the technology and leadership roles. "An increase in employee base by itself isn't necessarily a large indicator of success. We're more concerned about hiring people who have the ...Flipkart crosses 15 cr item listings on its portalReal Time News, Indiaall 6 news articles » Retail Everything You Need to Know About Sundar Pichai, the New CEO of Google Who is Sundar Pichai, Google's new CEO? Retail E-commerce firms like Amazon, Flipkart, Paytm and others embark on a hiring spree Flipkart's unit sales jump 150% so far in 2015, while Snapdeal reports an increase of 222% in GMV in the June quarter Retail Trent to take its retail format in West Asia, Africa Tata-owned firm looking at transaction costs, taxes and exchange rates Retail Buying sensitive product online or in-person, either way embarrassing A new study has revealed that people are often embarrassed when buying sensitive health care products, irrespective of in-person or online purchase. Telecom E-tailers like Flipkart, Snapdeal and others pitch for 4G for enhanced shopping experience Fourth-generation, or 4G, telecom technology allows downloads several times faster than 3G and 2G, the more common technologies. Telecom How Bharti Airtel changed telecom paradigm by outpacing Reliance Jio : Top 7 power points Bharti Airtel has launched its 4G services in 296 cities across 14 circles beating Reliance Jio by at least a few months. Telecom Vodafone ramps up campus hiring, adds six new campuses to its list In a bid to strengthen its focus on campus hiring and young recruits, Vodafone India added six new campuses to its list. Telecom 'Vodafone first to achieve 375Mbps network speed' Doha - Vodafone today announced that itis the first telecom operator in Qatar and one of the first in the world to have the top speed of up to 375 Mbps live on its network. This was completedafter it tested and rolled out 3 band LTE Carrier Finance Aspire Home Finance to raise Rs 500 crore via debt placement The company's board of directors will meet on Wednesday to consider and approve the issue of up to 5,000 non-convertible debentures, the company informed the BSE. Finance FirstRand Bank sets sights on wholly owned India subsidiary Lending to SMEs to form core of bank's lending business in the country Finance Just as global banks desert coal, can India ramp up the sector without foreign investment? Indian coal industry veterans are unusually sanguine at the moment, even as coal companies show signs of terminal decline elsewhere in the world. Finance India Inc blames Congress-led opposition for stalling growth The CEOs were unanimous in saying that the Congress-led Oppositions agenda was destructive. The govt was seen not being pushy enough on key reforms. Food/FMCG United States Food and Drug Administration clears Nestle's Maggi The US FDA cleared Nestles Maggi noodles, the seventh country to do so, even as national food regulator FSSAI has refused to give a clean chit to the brand for sale in India. Food/FMCG ABD calls off Tilaknagar Industries' acquisition due to differences over valuation Kishore Chhabria-led Allied Blenders & Distillers (ABD) has called off talks to acquire Tilaknagar Industries because of differences over valuation. Food/FMCG Centre set to seek Rs 426 cr in damages from Nestle To move NCDRC on behalf of consumers over alleged unfair trade practices by the firm Food/FMCG Price cuts fail to boost Q1 volume growth for FMCG cos Of the top 10 FMCG companies by market capitalisation, six have witnessed lower revenue growth in the quarter Software Google announces major rejig : Sundar Pichai to be the CEO and forms new parent enterprise called 'Alphabet' NDTV Mountain View, California: Google today announced a major restructuring of the company, naming former Product Chief Sundar Pichai as the new CEO and becoming a subsidiary of a newly-formed parent enterprise called Alphabet. The move made Pichai, 43 Software Polaris on sale : Indian tech majors looking to acquire a controlling stake in the company Founded over two decades ago, Polaris competes with Indian offshore players and is predominantly a banking and financial services focused software services company. Software Aricent acquires Bengaluru-based chip design firm SmartPlay for Rs 1,100 crore Aricent will create a design group focused on the semiconductor industry with the capabilities it acquired from SmartPlay for an estimated $180 million. Software Micromax looking to invest in software startups : Makes strategic investment in New York-based cloud service provider MiMedia While the terms of the deal were not disclosed by Micromax, the strategic investment in MiMedia represents Micromax's first outside of India... Ecommerce Paytm arms with a war chest of Rs 3,200 crore for acquisitions in ecommerce space; keeps aside $50 million for investing in logistics and warehousing Alibaba-backed online e-tailer Paytm has readied a war chest of half-a-billion dollars as it scouts for acquisitions across the 'local commerce space'. Ecommerce Zomato, TinyOwl and Swiggy to raise about Rs 1,000 crore, rushing to grab larger slices of one of the fastestgrowing ecommerce markets in the country US-based GrubHub, valued at $2.6 billion, was handling 234,700 orders a day, whereas Foodpanda, Indias largest online food delivery service, handles an estimated 30,000 orders daily. Ecommerce Flipkart sells 150 mn products, sees 150% growth over 2014; adds more categories, sets up offline distribution stores The e-Commerce giant has added more categories such as home & furnishing and maternity products, set up off-line distribution stores Franchise Franchisee Journey: From Wall Streeter with unhealthy lifestyle to physical therapy franchisee Gina Reullion transformed her PT practice into a franchise model to avoid the "business headaches" corporate competitors gave her. Franchise Flipkart sells 150 million products in first 8 months of 2015, sales jump over two and a half times Leading e-retail major Flipkart on Monday said it has sold 150 million products till date in 2015, registering a whopping 150 percent growth over 2014 sales. HR E-commerce firms like Amazon, Flipkart, Paytm and others embark on a hiring spree Its raining jobs in the booming ecommerce sector with firms in the process of ramping up workforce across various functions. HR Let's meet Sundar Pichai, the new CEO of Google Google has a new CEO and his name is Sundar Pichai HR Nurturing creative thinking to accelerate innovation India is at a very interesting stage in its history. It is emerging as a major global economy, a significant geopolitical power and a future military and economic superpower. HR 10 Most Employee-Friendly Companies in India - BANGALORE: Taking care of your employees is not just the first step towards creating an awesome workplace but Logistics System derailed? No recruit in Roadways workshop for 25 years As many as 50 city buses and 40 long-route buses of Haryana Roadways are parked in a defunct condition at the workshop of the Gurgaon bus depot because of acute staff shortage. Logistics Railway allows private companies to operate 'Private Freight Terminals' in their own name along with use of Railway network and containers Rail operation on Indian railway network by private firms is not permissible, Minister of State for Railways Manoj Sinha said here in a written reply in Lok Sabha. Logistics Indian Railways North east rail connectivity to get boost with launch of two broad range passenger trains to Murgongselek, an Eastern most railway station nearing Indian Eastern borders Logistics Pantnagar airport, in the Kumaon region, to be developed as cargo hub; increase in length of strip by 490m and storage capacities The Kumaon region, which has many picturesque places like Nainital and Almora, is set to get better air connectivity soon. Construction Property worth Rs 90 crore monetized by Air India Minister of State for Civil Aviation Mahesh Sharma informed the Lok Sabha during the question hour that Air India had during 2014-15 earned Rs.35.97 crore by .. Construction Realty brokerage market poised to become more tech savvy, According to Jay patel, Founder and CEO of IndiaMLS Many tech professionals are launching portals and mobile applications that will make brokers more professional and accountable... Construction Builders to protest against non-payment for Maha rural roads Alleging poor flow of funds from Centre to Maharashtra under Pradhan Mantri Gramin Sadak Yojana (PMGSY) were affecting road network there, builders from the state, would stage a protest in Delhi tomorrow. "Works to the tune of Rs 2,200 crore have Construction Real estate bill clears govt of blame, worries some builders The Real Estate (Regulation and Development) Bill, 2013, which is still pending in Parliament, has the Goan real estate industry worried. While stakeholders agree that the bill, once passed, will bring clarity and confidence into the real estate market, developers are wary about the lack of onus placed on the government, which they feel, is an important stakeholder in the real estate economy. Marketing Changing trends in portrayal of women in Indian advertising : A crack in the glass ceiling The empowered woman as the protagonist is increasingly being seen in Indian advertising. Has the industry, decried for long for objectifying women, suddenly become gender sensitive? Or does it see a potential best-seller in this new script? Marketing Instagram Ads vs. Influencer Marketing : Deciding What's Best for Your Brand Instagram Ads vs. Influencer Marketing: Deciding What's Best for Your Brand Adweek Marketing Apple, Among Others, Look To India's Emerging Market : Report Apple is one company among many that is beginning to ramp up their operations in India, recognizing the emerging market as one that could be a large contributing factor in the future of the company. Marketing Despite Concerns, How Fairness Creams and Packaged Foods Keep Selling in India? Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities Politics BJP pulls up socks for battleground Bihar, unveils Amit Shah's 5-point strategy According to sources in the know of the plan, party chief Amit Shah has drawn up a five-point strategy to take on the grand secular alliance in Bihar. Politics PDP-BJP coalition govt has turned out to be a complete failure, says Omar Abdullah Former chief minister Omar Abdullah on Monday termed the ruling PDP-BJP coalition as a "complete failure", saying the government has proven to be a policy and governance "nightmare" for the state, which needs economic impetus for reconstruction after the devastating floods. Politics Lutyens Media wants no questions on second guessing Death Penalty Politics Govt Does Volte Face On Porn Ban: Tells Supreme Court It Can't Play Nanny In Every Household Sports India eye Sri Lanka clean sweep to ascend in ICC Test rankings A 3-0 scoreline in India's favour will guarantee the third spot to the visitors. Sports Ravi Shastri throws weight behind Rohit Sharma, says Cheteshwar Pujara will make a comeback at some point India Team Director Ravi Shastri also backed skipper Virat Kohli's strategy to field five bowlers. Sports Parupalli Kashyap, HS Prannoy enter 2nd round of World Badminton Championship Saina Nehwal, Kidambi Srikanth and PV Sindhu will start their world championship campaign on Tuesday. Sports 30 Best Sports Movies of All Time From 'Rudy' to 'Rocky,' 'The Bad News Bears' to 'Bend It Like Beckham' — we're counting down the 30 best sports movie of all time. Entertainment Hate the way TV works: Kapil Sharma Kapil Sharma says he is more keen to do "stand-up comedy and movies" as he loathes TV's working style. Entertainment Spot light coming on writers, says Rakeysh Omprakash Mehra Rakeysh Omprakash Mehra says it is a good time to be in the industry for writers as the spot light is on them. Entertainment 'Mission Impossible: Rogue Nation' tops US box office, 'Fantastic Four' bombs with $26.2M Tom Cruise's "Mission: Impossible — Rogue Nation," held the top spot with $29.4 million in its second week. Entertainment Asin to marry Micromax co-founder Rahul Sharma Reportedly, Asin will soon be tying the knot with Micromax co-founder, Rahul Sharma after wrapping up all her assignments. 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