August 27, 2015 - Online food-on-demand delivery startup Faasos moving to 'app-only' model in India

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Digital Online food-on-demand delivery startup Faasos moving to 'app-only' model in India Online food-on-demand company Faasos on Wednesday said it is moving to a "mobile app only" service in the country. Digital Alibaba's big India play: The Group looks to replicate in India what it had done in China With domestic growth slowing, Alibaba is now looking to spread out overseas Digital Gujarat's caste protest hits internet users, 23 million mobile internet services blocked in the state Mobile internet services have been blocked in the Indian state of Gujarat (home to nearly 63 million people), following violent protests led by the Patel c Digital Indian startup 'high' valuations under scanner Weighed down by bubble talk as M-cap of listed peers in US, China falls Retail Online grocery stores like Localbanya, MeraGrocer & others offering onions at Rs 40-69 per kg Online grocery stores are looking to gain favour with customers by offering onions at about half the rate that neighbourhood stores are charging. Retail Future Retail has Rs500 cr plan to scale up hypermarket biz, to add 50 hypermarkets this year Has added ₹2,000 cr of business due to merger with Bharti Retail Retail Why local brands like FabIndia and Metro are being pursued more by shopping malls Over half a dozen local brands are increasingly being pursued by mall owners as their ethnic products have been posting high sales. Retail Retail stores catch e-com players' fancy, Pepperfry goes 'hybrid' to join the list The latest e-commerce firm to open a physical store is furniture portal Pepperfry, which has a 1,800 sq ft space at Linking Road, Santacruz, Mumbai.. Telecom Alibaba backed Meizu formally forays into India, launches MX5 The company will open more than 40 customer service centers across 20 cities in India. It plans to reach top 50 cities by the end of this financial year. Telecom 4G Rush: Reliance Jio, Airtel, Vodafone, Idea getting ready for brutal competition Reliance Jio Infocomm's impending launch of 4G services has nudged other telecom players to press ahead with their own plans. Competition is about to turn even more brutal. Telecom SVG acquires Komli Media's India business Deal ties in with Komli's strategy to focus on US, SVG's long-term plan to become a leading ad tech firm in the Asia Pacific Finance Govt may pare stakes in some banks to 33% Boards bureau & investment company steps toward privatisation, says officialThe government is considering a proposal to privatise some state-owned banks in phases, according to official sources.A proposal for setting up a holding company two years Finance ICICI launches mortgage guarantee scheme for home loans Under the scheme, new home loan borrowers have to pay 1-2% of the total amount as a one-time premium for the mortgage guarantee Finance What's on Indian bankers' mind It's banking conference season in Mumbai and issues ranging from payments banks to bad loans are being discussed Finance IL&FS Financial Services acquires 17.25% stake in Sagar Cement In a filing to the BSE, Sagar Cements said IL&FS Financial Services acquired 30 lakh pledged shares Food/FMCG Maggi row: DIPP says Maggi ban hurts government vision of India as manufacturing hub The Department of Industrial Policy and Promotion (DIPP) has written to the Prime Ministers Office, criticising the food regulators ban on Maggi noodles. Food/FMCG Australian coffee chain Di Bella to invest Rs 33 crore to expand in India The company, which started its second stint in India early this year after splitting with its earlier partner in 2014, plans to set up a Barista training centre in the country. Food/FMCG Nestle India's new ad will have you missing Maggi more than ever The commercial tugs at our heartstrings and reminds us the frustration that every adult had to face when Maggi was taken off the shelves. Food/FMCG Kellogg's bets on its cereal heritage to evolve into a holistic snacking brand Industry experts feel that brand Kellogg's has been underleveraged so far, and that breakfast has been a limiting space. Software Why senior executives are quitting startups like Flipkart, Snapdeal, Ola & others? Termed unicorns — or companies valued upwards of a billion dollars — Flipkart, Snapdeal and Ola have all seen exits of senior managers in recent months. Software US rethinks its outsourcing strategy : May spell trouble for Infosys and Wipro This would negatively impact Indian IT industry as the home-grown software exporters might lose some million dollars of business Software Indian BPO firm, Quatrro Global services to sell controlling stake for $500 million Quatrro Global Services, the BPO firm set up by Raman Roy, the poster boy of Indian outsourcing industry, is in talks with big buyout funds to sell a controlling stake. Software How Digital India may offer a plethora of opportunities for the IT sector? Traditionally, Indian companies have been slow to adopt technology. However in recent months,companies across sectors are expressing interest in going 'digital'. Ecommerce Amazon India launches household supplies store as new category; More than 40 household supplies brands including Vim, Surf and others will now sell on Amazon With the household supplies store, the category will now offer 40,000 products from 5000 Indian & international brands, Amazon said... Ecommerce Online marketplace Royzez to spend Rs 100 crore on marketing and advertising efforts this fiscal to compete with bigger giants like Flipkart, Snapdeal The company launched its flagship 4G LTE device 'Speed 7' at Rs12,999 in India in partnership with Snapdeal Ecommerce What Nestle & Unilever can learn from Flipkart on dealing with brand crises? Lessons from Flipkart's 'Big Billion Day Sale'in 2014 and how they handled customer disappointment and prevented a social media disaster Ecommerce Surpluss.in enters into a strategic partnership with leading ecommerce player Amazon to sell refurbished smartphones in India "This partnership with Amazon will enable us to leverage their strengths and innovations in technology to reach out to wider set of consumers across India. Th.. Franchise ITC denies receiving notice from Uttar Pradesh government on excess lead in Yippee noodles ITC Ltd said that it has not received any communication from the Uttar Pradesh government regarding presence of higher lead in its Yippee instant noodles and pasta Franchise Jawed Habib to grow its base in Gujarat Franchise E-commerce firms gear up for the festive season of Oct-Dec, hope for $4-billion sales bonanza Online marketplace Snapdeal, which saw a 15x increase in traffic last Diwali, is strengthening all aspects of business operations. Franchise Online retail company Flipkart launches in-app chat feature called Ping The new chat service will allow buyers to share their buys or product wishes with their phonebook contacts and create groups just like in Whatsapp. HR USAID, Tata Trusts to enhance reading skills of 93000 children in India Mumbai, Aug. 26 : The U.S. Agency for International Development (USAID) Acting Administrator Alfonso E. Lenhardt today announced that USAID will soon ... HR These 10 Startups Are Sure To Turn Into Billion Dollar Businesses! 3 among them are Indian startups! HR Bell outsourcing jobs to India The union representing workers at Bell Aliant Inc. is expressing concern over the parent company's gradual outsourcing of work to India. HR India riots: Patel caste seeks 'backward' status to qualify for job quotas Violence has erupted in the Indian state of Gujaratafter a rally by the influential Patel community, who are demanding their caste status be altered to "backward" in order to access quotas for government jobs and college places. Logistics Ixigo buys intercity cab aggregator Rutogo; adds nearly 100 Taxi vendors across India ** Gati gains 6.3 pct, Gateway Distriparks up 1.5 pct, Snowman Logistics rises 4.6 pctand VRL Logistics advances 1.5 pct** India government in talks for special parliamentarysession, minister Naidu says - NewsRise** Govt. begins Logistics GST Bill: Govt reaches out, Congress says show the bill, will consider if similar to UPA Govts earlier proposal Kharge said that one has to see which provisions have been accepted or deleted in the GST bill. Logistics 'We would be foolish to not focus on India', says Indigo airlines president Aditya Ghosh, have ordered 250 A320neo planes from Airbus " The world is coming to India. This is where the opportunity lies. We would be foolish to not to focus on India and take advantage of the opportunity here." Logistics AirAsia sees higher losses in India in second quarter due to heavy discounting pressured by increased competition ;launched a year back, the airline flies to10 destinations "Profitability is unlikely in the near to medium term unless there is a change in market conditions and government policy," the Sydney-based consultant added. Construction Ultratech Cement said to be near deal for Jaiprakash plant in Bhilai to increase cement capacity to 100 million tons The acquisition would help Birla's conglomerate meet its target of increasing cement capacity to 100 million tons in a decade Construction Bailout package for road builders approved by Government Plan to help developers exit highway projects after completion, use proceeds to retire debt, invest in other projects Construction Mumbai to have India's tallest commercial building worth Rs 10,000 crore The project, which may cost more than Rs 10,000 crore, is likely to be developed without costing the government a single penny, financed with funds raised fro.. Marketing Alibaba-backed Meizu looks to Make in India : Report Working with Foxconn to build an Indian factory, says Marketing Vice-President Li Nan Marketing How India Shops : Infographic of the day According to the study, 74% respondents' exhibit omni-channel behaviour (they have shopped in all formats -local retailer, large department and online). The research further reveals that around 40% of the urban Indian shoppers' shop regularly using modern trade, the numbers have more than doubled as compared to 2012. Marketing SVG acquires Komli Media's India business You're reading it here first: SVG Media (Smile Vun Group) has bought the India business of Komli Media, SVG Media founder Manish Vij and Komli co-founder Amar Goel have confirmed to MediaNama. MediaNama sources had indicated last week that Komli Media was looking to sell its India business, fol Marketing Nestle India's new ad will have you missing Maggi more than ever : Ad review When Maggi, our favourite snack-time companion and two-minute problem solver was banned, we realized how sacrosanct the term 'Absence makes the heart grow Politics After aborted NSA talks, Modi's Saudi Arabia trip is the 'ultimate masterstroke' An official functionary requesting anonymity said "Modi has gone beyond RSS grooves and become a world leader." Politics Picture that says a thousand words: Sardar Patel bigger than Gandhi as PM Modi appeals for peace When Prime Minister Narendra Modi took to television to issue an appeal for peace in Gujarat what was curious about his background were the two images that were present. Politics Political consequences of 2011 religious census: BJP can gain from growth in Muslim population The numbers prove that Muslim population growth rates are far above their national decadal average of 24.6 percent in all border states, barring West Bengal and Tripura. Politics Religion in numbers: What 2011 Census told us about trends across India's communities Population by Religious Community, the report based on findings from India's 2011 Census, was released on Tuesday by the office of the Registrar General and Census Commissioner of India and it threw up some intriguing facts. Sports Heads Cheteshwar Pujara doesn't win; tails he loses Cheteshwar Pujara, set to play after eight months on the bench, has little to gain but much to lose as stop-gap opener in third Test. Sports Wayne Rooney ends goal drought, Hat-trick in 4-0 rout of Bruges Wayne Rooney had not scored since a Premier League game against Aston Villa in April, a run of 10 matches and 878 minutes without finding the net. Sports Top Women in Sports 2015: Serena Williams, Ronda Rousey The victories of these women have chipped away at the dated assumption that men are more athletically-inclined. Sports Rahul Dravid answers fans, credits bowlers for India's 'golden run' Rahul Dravid lauded the Indian bowlers as the team registered several overseas Test victories. Entertainment Kirsten Dunst, Sofia Coppola to reteam for new film? Kirsten Dunst and director Sofia Coppola will reportedly reunite for a new film. Entertainment Quentin Tarantino slams show 'True Detective', calls it boring Quentin Tarantino has slammed popular TV show "True Detective", saying he found its first season boring and the current second instalment looks "awful" to him. Entertainment Only Kapil came to mind for 'Kis Kisko Pyaar Karoon': Abbas-Mustan Abbas-Mustan have revealed that only Kapil Sharma came to their mind for the film 'Kis Kisko Pyaar Karoon'. Entertainment Neeraj Ghaywan's 'Masaan', Nagesh Kukunoor's 'Dhanak' to be screened at 20th BIFF Neeraj Ghaywan's "Masaan", Nagesh Kukunoor's "Dhanak" will be shown at the Busan International Film Festival, under different sections. 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