Thursday, August 13, 2015

August 13, 2015 - Billionaire Yuri Milner, who backed Facebook & Twitter, sets his eyes on India's startup scene. A look at his investments so far

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Digital
Billionaire Yuri Milner, who backed Facebook & Twitter, sets his eyes on India's startup scene. A look at his investments so far
He has invested in all these both in his personal capacity and through his investment firm, DST Global

Digital
Not just Nadella and Pichai, Silicon Valley has more Indians as power players
Not just Nadella  and Pichai, Silicon Valley has more Indians as power players - Firstpost
By forming their own networks and mentoring each other, Indians helped pave the way for the Pichais and Nadellas, showing America that Indians could indeed be CEOs. Pichai's elevation at Google is just one more confirmation of the rising power of the Indian immigrant in the United States

Digital
Startup Funding Update: OneAssist raises Rs 50 crores; ToneTag gets Rs 6.4 crore; and more
Startup Funding Update:  OneAssist raises Rs 50 crores; ToneTag gets Rs 6.4 crore; and more - NDTV
A roundup of all the major funding announcements from tech startups in India.

Digital
Why Facebook is finding it hard to sell advertising in India
Why Facebook is finding it hard  to sell advertising in India - Huffington Post India
Facebook earns 15 cents per user in India every quarter, compared to the $7 to $8 it makes on each U.S. user, according to analysts.


Retail
Resale price pacts in online retail space under probe: CCI
Resale price pacts in online  retail space under probe: CCI - Economic Times
CCI Chairman Ashok Chawla said the regulator is currently investigating a matter related to resale price maintenance.

Retail
Present focus on wholesale, retail still on radar, studying regulatory environment: Walmart
Present focus on wholesale,  retail still on radar, studying regulatory environment: Walmart - Economic Times
Walmart said it has not called off the option of entering India's retail sector as it continues to study the regulatory environment but insisted that its present focus is on wholesale.

Retail
Rajya Sabha logjam may derail logistics cos
Shares of logistics players, such as Allcargo Logistics, VRL, Snowman, Gati an

Retail
Zombie retail brands are coming back from the dead
C. Wonder FacebookBrands that you thought were dead and gone are coming back to invade your closets, Veronique Hyland of the The Cut reports.Hyland points


Telecom
Paytm Becomes India's First 100 Million User Product with 75 million transactions everyday
Paytm, India's largest mobile commerce platform, has achieved yet another significant milestone in its attempt to revolutionize India's m-commerce landscape.

Telecom
Three India-born CEOs now lead companies with combined revenue exceeding the GDP of most countries
Three India-born CEOs now lead  companies with combined revenue exceeding the GDP of most countries - Scroll.in
"Even as a child, Rajesh was focused. He was a child with a plan," says a help at Pichai's grandparent's home, referring to the Google CEO by his childhoo..

Telecom
Google stays away from net neutrality row
Google stays away from net  neutrality row - Daily News & Analysis
- Parliament Standing Committee took views of internet companies and academia on Tuesday

Telecom
Mobile wallet fraud set to rise in India: Deloitte
As more people have started using online payments, frauds in mobile payments too are increasing, said a report from Deloitte India.


Finance
How Maharashtra bagged the $5 billion Foxconn deal
The Maharashtra govt went the extra mile to please the Foxconn delegation led by founder-CEO Terry Gou

Finance
Pearson exits news by selling 'Economist' stake to Agnellis
Pearson exits  news by selling 'Economist' stake to Agnellis - Livemint
The $730 million deal, valued the company at 15.6 times its FY15 operating profit.

Finance
Haryana govt asks banks to focus on financial inclusion
With a view to encourage financial inclusion through banking services, the Haryana government today asked bankers to help Scheduled Caste (SC) people including in Mirchpur village for their rehabilitation. "Bankers should adopt proactive approach

Finance
Hong Kong central bank fine does not have material impact: SBI
SBI today said the fine imposed by Hong Kong Monetary Authority (HKMA) on its arm for alleged violation of local anti-money laundering and counter-terror financing laws does not have any material impact on the bank.


Food/FMCG
Maggi ban: BJP-led government accuses Nestle of callousness, unfair trade practices
Maggi ban:  BJP-led government accuses Nestle of callousness, unfair trade practices - ET
The department of consumer affairs said it had filed a complaint with the National Consumer Disputes Redressal Commission.

Food/FMCG
Detergent, frozen fat found in Mother Dairy milk: FDA
Detergent, frozen fat found in  Mother Dairy milk: FDA - ET
Detergent and frozen fat have been found by the Kolkata-based Central Laboratory during re-tests of milk samples collected by district FDA department from Mother Dairy booths.

Food/FMCG
Coca-cola India signs Sourav Ganguly for 3-years as social ambassador
Coca-cola India  signs Sourav Ganguly for 3-years as social ambassador - Economic Times
Beverage maker Coca-Cola India has roped in cricketer-turned-commentator Sourav Ganguly as its social ambassador for a three-year deal ending in 2017.

Food/FMCG
Disappointed with government's unprecedented step: Nestle India
Disappointed  with government's unprecedented step: Nestle India - ET
A day after the government filed a Rs 640-crore class action suit against Nestle India before consumer redressal forum NCDRC, the company today said it is disappointed with the 'unprecedented step'.


Software
Why Taiwan plans to 'make in India' electronic goods near Bengaluru?
Taiwanese electronic firms will roll out products from a dedicated cluster the Karnataka government has set up for them near the Devanahalli international airport.

Software
Azim Premji and Shiv Nadar among world's top 20 tech billionaires, says Forbes
*No surprises, Bill Gates tops the list of 100 with assets of $79.6 billion * The list has only seven women, the wealthiest being Laurene Powell Jobs, widow of Steve Jobs *Americans dominate the list, occupying 51 slots

Software
Design and ease of use offer an edge to the enterprise software start-ups- Livemint
Enterprise software start-ups are trying to gain an edge over rivals by designing products that don't require users to pore over training manuals

Software
How food-tech startups are being helped by a host of new startups like Sparse Labs, Third Rock India?
How food-tech startups are being  helped by a host of new startups like Sparse Labs, Third Rock India? - Economic Times
Sparse Labs, for instance, has developed a hardware-cum-software solution for food tech companies to track deliveries and minimise delays.


Ecommerce
Walmart opens 21st wholesale store in India; new 60,000 sq. ft store in Agra will operate under the newly adopted Best Price wholesale model
The new 60,000 sq. ft store in Agra will operate under the newly adopted Best Price wholesale model

Ecommerce
Kavin Bharti, CEO of Hike Messenger, exploring the possibility of integrating e-commerce with his instant messaging app
Kavin Bharti Mittal, the 27-year-old founder and CEO of Bharti, Softbank-backed Hike Messenger, said he is exploring the possibility of integrating e-commerce..

Ecommerce
Amazon.com quietly shutters a pay-per-click advertising programme allows businesses to divert traffic from the retailer's platform to their own websites
Amazon has quietly shuttered a pay-per-click advertising programme that allowed businesses to divert traffic to their own websites...

Ecommerce
Coupon and discount marketing platform mydala.com plans to get 10 lakh merchants on its platform in three years, a more than six-fold increase
Coupon and discount marketing  platform mydala.com plans to get 10 lakh merchants on its platform in three years, a more than six-fold increase - IBNLive
Mydala offer merchants an online presence through the website as well as data analytics and offline expertise on how to tailor services. Users pay merchants d..


Franchise
Franchisee Journey: From teaching English in China to providing health drinks as a franchisee
Franchisee Journey: From  teaching English in China to providing health drinks as a franchisee - Entrepreneur
Andreana Chryssos wants to sell Philadelphia to her franchise's selection of nutritious fruits and vegetables.


HR
How 'well-liked' Sundar Pichai became Google's new CEO
How 'well-liked' Sundar Pichai  became Google's new CEO - The Indian Express
Sundar Pichai takes on the role of Google CEO from Larry Page. Here's a look at his rise in the company

HR

HR
How Citrix is Helping Reduce Cost of Desktop Virtualization
With innovation in technology for cost reduction, desktop virtualization is gradually becoming mainstream, says Parag Arora, Country Head, Citrix.

HR
10 ways to land the best employees
iStockHiring great employees will help your business thrive.Everyone wants to find their dream employee: someone who works hard, exudes positive energy, and


Logistics
Good news for wait-list passengers! Railways may provide alternative trains
Railways may allow wait-listed passengers to use alternative trains: report

Logistics
Holding areas for pilgrims outside Nashik station, warehouse converted to hold 50,000 travellers at a time; other amenities arranged
Railways has converted one goods shed into holding area outside the station here even as the work of conversion of the goods shed at the Railside Warehousing Corporation (RWC) is going on.

Logistics
Walmart opens 21st store in India after a hiatus of about four years in Agra; this is a cash and carry store under the 'Best Price Band'
The new store in Agra is the companys second outlet in the city and the fourth in Uttar Pradesh, Walmart said in a statement.

Logistics


Construction
430k sq ft office space leased by Google in Gurgaon
430k sq ft office space leased  by Google in Gurgaon - The Economic Times
One of the people quoted above said Google has leased this space from Unitech at a rental of around Rs 130 per sq ft per month for nine years.

Construction
Questions about Smart cities which people want to know: JLL
JLL has listed some questions surrounding the smart cities concept in India

Construction
Rented house in Kolkata costs more as prices go up
Home rent in the city has spiralled up in certain areas, according to a recent survey by a real estate portal.

Construction
Kerala to have a Real Estate Regulatory Authority
Kerala to have a Real Estate  Regulatory Authority - The Hindu
belated mechanism to regulate the State's thriving real estate sector is getting final touches on the State government's drawing board, as the Kerala Real Estate (Regulation and Development) Act. The ordinance promulgat


Marketing
Facebook Struggles to Sell Advertising in India : Indian Advertisers Remain Skeptical Of The Value Of advertising on social media
Facebook Struggles to Sell  Advertising in India : Indian Advertisers Remain Skeptical Of The Value Of advertising on social media - Huffington post India
Facebook is trying to lure skeptical advertisers in India with features such as free email support for questions about advertising and advice on increasing sales in a bid to boost revenue from its sec

Marketing
Nestle sued in India over noodle marketing : Report
The Indian government is seeking $100 million (CHF98 million) in damages from Swiss multinational company Nestlé for misleading ...

Marketing
Gear makers Ericsson, Huawei, Nokia and Alcatel-Lucent tweak India business strategy
Gear makers Ericsson, Huawei,  Nokia and Alcatel-Lucent tweak India business strategy - ETTelecom.com
Telecom equipment vendors in India such as Ericsson, Nokia and Huawei are transforming themselves from their core business of supplying gear to telcos to info..

Marketing
Victoria gets a $20m brand makeover : The Big V
Victoria, this is your new brand. "The Big V" was unveiled today by the Premier as the unifying brand to sell Victoria to the world.


Politics
Lalit Modi row: Lok Sabha turns into a warzone as Sushma, Rahul get personal

The campaign for the ouster of Sushma Swaraj was met with a strong counter-offensive when she launched a no-holds-barred attack on Congress.

Politics
Wednesday's Parliament drama in pictures starring Swaraj, Kharge, Rahul and Jaitley

Here are some of the most dramatic exchanges between Sushma Swaraj and Mallikarjun Karge in today's Lok Sabha session

Politics
Dear Modi, you will be biggest loser if Parliament turns into akhara for ego-tussles

Modi will have to change his strategy. He will have to break the gridlock of antagonism, hubris and confrontation in Parliament.

Politics


Sports
India vs Sri Lanka, Live Cricket Score, 1st Test Day 2: India extend lead with Shikhar Dhawan ton against Sri Lanka

Catch india vs sri lanka live score here. Follow live commentary and cricket score on 1st test day 2 between India and Sri Lanka in Galle.

Sports
HC junks cricketer Hiken Shah's plea against BCCI suspension

The BCCI's investigation later revealed that it was Shah who had approached RR leg-spinner Pravin Tambe.

Sports
Top 25 sports villains: The most adversarial relationships in sports

Call them villains, nemeses, tormentors or heels -- these are the guys fans love to hate. Thomas Neumann presents the top 25 adversarial relationships in today's sports world.

Sports
India's U17 World Cup behind Ganguly's appointment as Coca Cola Social Ambassador

The Beverage brand wanted a 'clean image' with the appointment of Ganguly, hand him football duties in strategic push off the pitch for the U17 World Cup...


Entertainment
'Meeruthiya Gangsters' launches its trailer with Manoj Bajpayee

Zeishan Quadri's launched the trailer of 'Meeruthiya Gangsters' with Manoj Bajpayee turning up to wish the team all the best.

Entertainment
'Sholay' completes 40 years: From 'kitney aadmi thhe' to 'suar ke bachcho' – iconic dialogues from the cult classic

A day prior to the occasion when the cult classic 'Sholay' starring Amitabh Bachchan and Dharmendra clocks 40 years, here's a list of the most timeless dialogues from the movie.

Entertainment

Entertainment
Multitasker Farhan Akhtar to handle music and films

Farhan Akhtar will continue band performances even while filming for 'Rock On 2'.


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