August 5, 2015 - Airtel buys mobile payment startup YTS Solutions; appoints Manish Khera as Airtel Money CEO

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Digital Airtel buys mobile payment startup YTS Solutions; appoints Manish Khera as Airtel Money CEO Based out of Mumbai, YTS has been developing innovative financial products focused on mass market and micro-transactions... Digital What Indian startups can learn from Infosys: Former CEO Shibulal shares In 1981, when Sarojini Damodaran Shibulal (Shibu) left Patni Computers to join Narayana Murthy and five others to start Infosys Consultants Pvt Ltd, he was Digital Mobile analytics startup WizRocket grabs $8 million from Sequoia and Accel Partners WizRocket, which helps companies increase user engagement by fine-tuning mobile, web, and e-mail notifications, has raised $8 million in new funding from.. Digital On-demand hyperlocal logistics startup Pickingo raises $1.3 million led by Orios Venture and others Pickingo is a B2B on-demand hyperlocal logistics startup, whereas Letstransport is a tech-enabled intra-city last-mile logistics provider Retail Top global business school students returning to India to join ecommerce Spurred by the boom in ecommerce and startups in India and rising investor interest, students from top global business schools are returning to India to jump on the bandwagon. Retail Indiamart shifts focus to buyers from sellers as it targets Rs 350 crore revenue this fiscal The co has set up a dedicated team of experts under the leadership of Mudit Khosla to handle enquiries on buying and selling from these clients. Retail Consumers choose marketplace over retail websites :survey Digital shoppers are increasingly starting their product searches on retail marketplace platforms, which allow third-party merchants to sell goods, before looking on an individual retailer's website, according to a report released on Tuesday by Amazon.com Inc and Pymnts.com. Retail Bengaluru based logistics start-up Lets Transport raises Rs 8 cr from Japanese VC firm, to invest in tech & team LetsTransport has raised $1.3Mn in a seed round of funding led by Singapore-based Japanese venture capital firm Rebright Partners Telecom Bharti Airtel Q1 profit rises 40% to Rs. 1554 Cr on higher data usage, tower sales Mathrani has held various leadership, marketing and sales roles earlier in India and other emerging mkts across organizations like Marico Ind. Telecom Foxconn In Talks With Adani, Micromax, Snapdeal For Mobile Phone Manufacturing in India Separately, the manufacturer of the iconic Apple iPhones is also planning to set up one or more data centres and some fab units over the next 10 years. Telecom Will banning porn reduce sexual violence? Make India a safer country for its women  Yahoo India News Telecom Aircel readies network to cater to growing consumers' data needs Buoyed over rising trend of data usage, India's fifth largest telecom operator is currently working on boosting network capabilities to facilitate consumer .. Finance Raghuram Rajan okay with 'no veto' for RBI governor on rate cuts; bats for policy continuity "The difficulty in the current system is it personalises the policy. Policy is dependent on one person, which means you can make mistakes," Rajan said. Finance JSW Energy to close JP Power project deal in two weeks JSW expects to nearly double capacity to 6,000MW from two JP Power projects and more acquisitions Finance Ola to apply for mobile wallet licence, in talks to raise funds New service planned to let users share cabs and split fares; start-up to apply to RBI for licence for semi-closed wallet Finance JSW Energy to close JP Power project deal in two weeks JSW expects to nearly double capacity to 6,000MW from two JP Power projects and more acquisitions Food/FMCG FSSAI-approved lab finds Maggi noodles safe FSSAI-approved laboratory of Central Food Technological Research Institute has found Maggi noodles to be in compliance with the food safety standards. Food/FMCG Britannia aiming to be a total foods company: MD, Varun Berry Britannia Industries said it is aiming to be a total foods company, which formed the long-term strategy of the primarily biscuit manufacturing firm. Food/FMCG After 56% rise in Q1 profit, Britannia to spend Rs 500 crore on capital expenditure Britannia will look to spend Rs 500 crore on capital expenditure as part of a substantial investment plan for the next 2-3 years, companys chairman Nusli Wadia said. Food/FMCG Viiking Ventures acquires Goa Kings beer for Rs 90 crore Viiking Ventures, which has interests in hospitality, media and entertainment sectors, among others today announced the acquisition of Goa Kings (formerly known as Kings) beer for Rs 90 crore. Software Foxconn plans to invest heavily in India : Will be building a major manufacturing hub Taiwanese electronics giant Foxconn on Tuesday said it was going to invest in India across verticals like manufacturing, start-ups, energy and e-commerce portals and was also looking at bringing supply chain companies and major technologies here. Software Lateral hiring focus at Indian IT firms results in an increase in the average employee age At Indias top five outsourcing firms, the average age of employees is nearly 30, compared to the decade of the 2000s when the average age was around 25. Software Infosys pushes effort to rejuvenate growth : Rejigs manufacturing vertical In an effort to rejuvenate growth in its manufacturing business vertical, Infosys has Software Chennai-based Zoho Corp launches website analytics software for providing real-time information Launches Two Innovative Products, Including the New Zoho Mail That Brings Social Media-Like Features to Mail Facilitating Better Collaboration Ecommerce Myntra in talks with top executives at global firms to invite them to join its independent board; plans to grow tenfold in the next four years Myntra is in talks with top executives at global firms to invite them to join its independent board that it plans to set up. Ecommerce Snapdeal kicks off diversity initiative 'Advitya' in a bid to attract and retain talent; rolling out initiatives for employees who are parents Diversity is the next big thing on Snapdeal's to-do list as the Delhi-based online marketplace seeks to attract and retain talent... Ecommerce Flipkart to step up senior-level hiring in mobile technology push; plans to hire 5 vice-presidents in product, engineering roles The e-commerce firm plans to hire 5 vice-presidents in product, engineering roles under its new technology leaders Ecommerce Myntra expects in-house brands to generate annual revenues of $100 million each, set to build own brands to generate higher market share, margins Myntra, which went app-only in June, has a user base of 12 million, who spend an average of Rs 1,800 per transaction HR Ecommerce firms like Flipkart, Snapdeal set to recruit aggressively from top engineering institutes Flipkart, Snapdeal, Quikr, Urban Ladder, CultureAlley and others are readying lucrative offers to woo students at IITs, NITs and other institutes. HR Why Businesses Need to Attract, Advance, and Retain Women (and Minorities) How the 80/80/80 Solution is the Critical Foundation of an Integrated Women's Leadership Strategy (Part Two of a Four Part Series) The majority of organizations today cannot articulate in simple HR 7th Pay Commission: Economists Expect Salary Hikes to Trigger Growth The 6th Pay Commission played a key role in insulating the Indian economy from the shocks of the Lehman crisis of 2008. According to Bank of America Merrill Lynch, higher salaries - resulting from the implementation of the 6th Pay Commission - drove two-wheeler and car sales, and led to a recovery in cement demand. HR FabFurnish downsizes workforce by a fourth as part of business restructuring The company said it has "undertaken a resource optimisation exercise" and is "hiring a talent pool ideal for our new business positioning". Logistics ShopClues to launch new categories of 'unboxed' electronic goods; offers 20-25% discount on these new, yet opened products that are returned by customers Enthused at the response it received recently to the marketing of 'unboxed' handsets a Logistics Toll-operate-transfer( TOT): Private tolls to fund new roads; currently toll makes an average of 10% contribution to the project cost annually As per toll collection data available with the National Highways Authority of India (NHAI), over 40 per cent of toll projects are currently generating more than 10 per cent of the project completion cost annually. Logistics Gateway Distriparks Ltd. rapidly expanding on India's southeastern coast; building a CFS on 48 acres at Krishnapatnam and plans an ICD near Ahmedabad at Viramgam The port-based logistics provider said it has acquired 48 acres adjacent to the Krishnapatnam port, near Chennai, for the construction of a new container freight station a month after the company kicked off a plan to build an inland container depot center at Viramgam, near Ahmedabad in Gujarat State. Logistics Stock market gives wind to wings: Jet Airways, SpiceJet Surge on Aviation Fuel Price Cut ** Jet Airways (India) jumps 6.7 pct while SpiceJet is up 3.9 pct** India Oil Corp cuts aviation turbine fuel pricesby 8.4 pct to 9.7 pct - Reuters calculations based on IOC's datashows** Relative valuation on likely Indigo-Qata Construction Real Estate sector disappointed with status-quo by RBI, No rate cuts this time as well Real Time News, India Real Estate sector disappointed with status-quo by RBIReal Time News, IndiaEven as many voices said that the Reserve Bank of India is unlikely to cut interest rates further this year, the real estate sector -- though disappointed by today's actions -- is holding out hope that it will do so in coming months. On the RBI's Construction Projects implementation costs rise sharply in Rajasthan, up by Rs 1 lakh crore: Assocham Poor execution of 89 investment projects in Rajasthan has pushed up their cost by Rs 1 lakh crore, i.e over 53 per cent of their actual cost. Construction UltraTech Cement seeks shareholders approval to raise INR 90bn for NCD issue, India The board of UltraTech Cement Ltd has sought shareholder approval to raise up to INR90bn rupees via issue of non-convertible debentures (NCD) on a private placement basis, the company said in a re... Marketing Ecomm, tech firms to boost cricket advertising by 15-20% in next 3 years : Report Cricket advertising is poised to grow 15-20 per cent in the next three years, overcoming a slowdown over the past two years. Marketing Nestlé India looks for ad boost to arrest Maggi row fallout : Report Firm has traditionally been conservative about advertising. From 2010 to 2014, spending on advertising and promotions was at 4.2-4.8% of total income Marketing Why On-screen Cinema Advertising is a Hit in India : Report Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities Politics Woman IAS Officer Highlights Rampant Misogyny In Criminal Justice System In Viral Facebook Post Politics CPI(M) accuses Mamata govt of failing to provide relief Politics Rajan says not worried about Fed rate hike impact on economy Politics Modi Government Plans To Pay Beggars To Sing Its Paeans Sports Pro Kabaddi League: Telgu Titans begin home leg with tie Telgu Titans draw with Jaipur Pink Panther while U Mumba beat Delhi Dabang in Pro Kabaddi League. Sports India tour of Sri Lanka: For tourists, an Island of struggle India have won just 4 of the 18 Tests on Sri Lankan soil, an indication of what lies in store for Kohli's team. Sports What a shot! 40 amazing sports photos Take a look at 40 amazing sports photos from July 28 through August 3. Sports Q A: Kobe Bryant talks retirement, playoffs and life after basketball From Yahoo Sports: After 19 NBA seasons, the Lakers' stars says he feels great and is ready for new challenges, even if he hasn't made a final decision on retirement. Entertainment Scoop Eros Kishore Lullas secret meet with Shah Rukh Khan in LA Scoop Eros' Kishore Lulla's secret meet with Shah Rukh Khan in LA - BollywoodHungama.com news. A huge deal seems to be cooking up between Shah Rukh Khan and Eros Entertainment Entertainment Robert Downey Jr still world's best-paid actor as Bollywood stars crowd top 10 Centuries from Martin Guptill and Tom Latham led New Zealand to a 10-wicket romp as they chased down 236 without loss to level the ODI series 1-1 Entertainment Salman Khan's 'Bajrangi Bhaijaan' collects Rs 292.23 crore in India Salman Khan's 'Bajrangi Bhaijaan' has collected a whopping Rs 294 crore in India. 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. 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