Tuesday, September 1, 2015

September 1, 2015 - mVPaytm: India Post take online shopping to villages through e-commerce platform

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Digital
mVPaytm: India Post take online shopping to villages through e-commerce platform
CHENNAI: People in rural Tamil Nadu having no access to Internet can soon indulge in online shopping, thanks to an initiative of India Post. Called mVPaytm, Ind...


Digital
Snapdeal will beat Flipkart as India's No.1 online retailer by March 2016: Kunal Bahl
Snapdeal will beat Flipkart as India's No.1 online retailer by March  2016: Kunal Bahl
Snapdeal's challenge to Flipkart indicates an intensifying rivalry to dominate the fast growing e-commerce sector in the country.


Digital
Riding the digital wave in India: How Xiaomi managed to surpass global biggies with zero spends on marketing
Riding the digital wave in India: How Xiaomi managed to surpass  global biggies with zero spends on marketing
Xiaomi surpassed global biggies Samsung and Apple in terms of market share to become India's top 4G handset seller in January this year, according to CyberMedia Research.


Digital
Income Tax Returns go online: 5 million tax returns e-filed in India
Income Tax Returns go online: 5 million tax returns e-filed in  India
Removing the one manual step remaining in income tax returns efiling was a big development.



Retail
Prankster Alert! Flipkart, Snapdeal may check your identity before shipping goods
Prankster Alert!  Flipkart, Snapdeal may check your identity before shipping goods - Economic Times
Online retailers Flipkart and Snapdeal are working with companies that can help them ascertain the details of consumers before shipping goods to them.

Retail
Maggi fiasco hits ready-to-cook packaged food industry hard, sales dip 9% in Q2
Maggi fiasco  hits ready-to-cook packaged food industry hard, sales dip 9% in Q2 - ET Retail
Experts said the Maggi controversy hit the food sector when consumers were cutting back on discretionary spending, with the issue worsening the situation...

Retail
Consumer packaged goods, retail segments have been limited by structural bottlenecks, says Ficci-KPMG report
Consumer packaged goods, retail segments have been limited by structural bottlenecks, says Ficci-KPMG report

Retail
After Snapdeal, Foxconn to invest Rs 460 crore in refurbished goods retailer Greendust
After  Snapdeal, Foxconn to invest Rs 460 crore in refurbished goods retailer Greendust - Economic Times
Delhi-based Reverse Logistics, which owns and operates Greendust, is estimated to be worth about $240 million to $250 million ahead of this investment deal.


Telecom
Unfazed by Reliance Jio entry: Sunil Sood, Vodafone India CEO
And expand its 3G network in advance of the disruptive entry of Reliance Jio


Telecom
4G services by Reliance Jio, Airtel to boost tablet sales in India?
4G services by Reliance Jio,  Airtel to boost tablet sales in India? - ETTelecom.com
The growth came from adoption by the commercial segment, or enterprise, coupled with launches by local vendors and launches of new devices by makers such as C..


Telecom
Reliance Communications partners with Jasper Partner to Deliver IoT Services
Reliance Communications, India's fully-integrated telecommunications service provider, and Jasper, a global Internet of Things (IoT) platform leader, have announced a partnership to enable enterprises throughout India to launch, manage and monetize Next-Generation IoT businesses. Reliance is Jasper's sole telecom partner in India.


Telecom
Tower shortage, spectrum crunch and an X factor – why call drops are common in India
Tower shortage,  spectrum crunch and an X factor – why call drops are common in India - Scroll.in
While even the prime minister has felt compelled to urge action to stop call drops, the problem is not going away any time soon.



Finance
Delivery-based buying hints at bullish sentiment
Delivery-based buying hints at  bullish sentiment - Economic Times
On August 24, when Sensex fell over 1,600 points, overall delivery volumes on both the exchanges was 50.60 per cent — the highest in three months.


Finance
How faster USFDA nods will help Indian generic drug makers
How faster USFDA nods will help  Indian generic drug makers - Economic Times
A long spell of sluggish approvals for generic drugs in the US may be nearing an end with early signs of a rebound.


Finance
HDFC Bank, Canara Bank cut base rates; others may follow
HDFC Bank, Canara Bank cut base  rates; others may follow - Livemint
The cut by HDFC Bank means that the bank now has the lowest base rate among all lenders


Finance
Investors turn wary over JPMorgan redemption cap
Investors turn wary over  JPMorgan redemption cap - Business Standard
Sebi doesn't have specific norms on limiting investor redemption



Food/FMCG
FSSAI to frame norms for product approval in 6 months
FSSAI to frame norms for product  approval in 6 months - ET
According to sources, the Food Safety and Standards Authority of India is looking to streamline the product approval process.

Food/FMCG
ITC to enter dairy market with ghee by end of quarter: President of FMCG businesses
ITC to enter  dairy market with ghee by end of quarter: President of FMCG businesses - ET
ITC is set to debut its range of dairy product starting with ghee, which would be available in the market by the end of the current quarter.

Food/FMCG
FSSAI issues draft quality norms for flavored milk, ice-cream
FSSAI issues draft quality norms  for flavored milk, ice-cream - ET
Food safety regulator FSSAI today came up with draft quality standard norms for various dairy products, including flavored milk, ice-cream, yoghurt, among others.

Food/FMCG
Maggi Issue Hits Ready-to-Cook Packaged Food Industry with a Sales Dip of 9% in Q2
Maggi Issue  Hits Ready-to-Cook Packaged Food Industry with a Sales Dip of 9% in Q2 - Adage India
Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities


Software
Google accused of rigging search results by CCI and 30 Indian companies
Google accused  of rigging search results by CCI and 30 Indian companies - Tech2
Google has detailed its corporate philosophy on its website through 10 points it knows "to be true". Among these 10 points, at number 6 is "you can make money without doing evil." Google is big, one among several alphabets, yet the philosophy still holds.


Software

Software
Indian language tech startup Reverie receives $4 million in funding from George Soros-backed fund
According to Arvind Pani, chief executive of Reverie, over 800 million Indians, representing more than 10 per cent of the globe, are literate but don't know English language


Software
Gov't to focus on e-governance and electronic manufacturing, says IT secretary
Gov't to focus  on e-governance and electronic manufacturing, says IT secretary - Economic Times
India imports electronic items worth $100 bn every year and, according to the governments estimates, at this scale, by 2020 it could touch $400 bn.



Ecommerce
Flipkart apologises for sexist email: We do not endorse the insensitive remarks in the email. This is a big fail, will not happen again
Flipkart apologises for sexist  email: We do not endorse the insensitive remarks in the email. This is a big fail, will not happen again - ET Retail
Flipkart replied to the tweet saying it does not endorse the content of the email and will investigate and take action...

Ecommerce
Ferrari starts retailing its branded merchandise through an exclusive partnership with the e-commerce site Myntra in the country
Now there is good news for Ferrari enthusiasts - the coveted Italian sports car manufacturer brings Ferrari Store, its official clothing line to India through an exclusive partnership with Myntra. Launched today, the online store offers a wide range of casual outerwear and accessories in over 120 different styles ranging from Rs 2,399 to Rs 12,300.

Ecommerce
StyleCracker raises $1 million from four high net worth individuals in its first round of funding; to use the funds on tech development and expansion
StyleCracker raises $1 million  from four high net worth individuals in its first round of funding; to use the funds on tech development and expansion - Economic Times
StyleCracker uses intelligent user data to give personalised styling recommendations through live chats with a team of stylists...

Ecommerce
How startups, ecommerce firms are attracting executives from Coke, Pepsi
How startups,  ecommerce firms are attracting executives from Coke, Pepsi - Economic Times
Job portal iimjobs.com currently has about 150 employees from Coca-Cola and Pepsi with work experience of about 10 years looking for another job.


Franchise
Franchisee Journey: From buying club customer to franchisee
Franchisee Journey: From buying  club customer to franchisee - Entrepreneur
After a great experience with DirectBuy, David and Kathie Weishaar decided to become franchisees themselves.


Franchise
How potential franchisees can benefit from undertaking pre-entry education programs
A theme in the current Franchising Code of Conduct review that is consistent with previous federal and state inquiries into franchising underlines the importance of franchisees knowing what they are getting into before buying a franchise. When decisions to buy franchises are made in compressed timeframes based on little background knowledge of franchising or the …



HR
Infosys to generate 27000 jobs; Gets 3 major IT projects
Infosys to generate 27000 jobs;  Gets 3 major IT projects - India Today
Infosys claims to create 27,000 new jobs from these three projects.


HR
Hitachi Opens 2nd Development Centre in Hyderabad, Plans to Recruit 400 Engineers
Hitachi Opens  2nd Development Centre in Hyderabad, Plans to Recruit 400 Engineers - The New Indian Express
HYDERABAD: Hitachi Solutions India on Monday said it would expand its India operations and hire about 400 engineers at its Chennai and Hyderabad facilities ove...


HR
India must grow 10% plus for 30 yrs to play catch up: Kant
India must grow 10% plus for 30  yrs to play catch up: Kant - Moneycontrol.com
DIPP secretary Amitabh Kant says almost 85 percent of the jobs in India are created by small and medium enterprises and that's where the government's thrust should be...


HR
With industries adding few jobs, clamour for reservation may get louder
With industries  adding few jobs, clamour for reservation may get louder - Economic Times
Data by DIPP shows that new projects planned in 2014-15 expect to hire less than half the of workers compared to projects conceived a year ago.



Logistics
GST: Its time that states did the heavy lifting when they have the most to gain from this change
GST: Its time that states did  the heavy lifting when they have the most to gain from this change - Firstpost
The states, which have been given a safety net and are going to keep lucrative revenue sources to themselves, are pretending that the GST is the Centre's baby. It's not. It's time the states rose to the national challenge of reforming taxes.


Logistics
Air India's insurance cover up for renewal, premium may soften
Air India's insurance cover up  for renewal, premium may soften - Economic Times
Public sector general insurers are competing with their private sector counterparts to bag the $ 27-million Air India insurance account.


Logistics

Logistics
New high-level group launches to substantially increase collective transport usage on Indian roads by 2030
New high-level group launches to  substantially increase collective transport usage on Indian roads by 2030 - Focus News
New Delhi. A new high-level group of leading Indian and international transport stakeholders has launched in New Delhi, a press release of the International Road Transport Union announced.



Construction
RBI set to cut rates after Economic growth slows to 7%
RBI set to cut rates after  Economic growth slows to 7% - Livemint
Lower-than-expected GDP number masks a fragile but uneven recovery; RBI's policy review is on 29 September


Construction
After RBI Governor, Now National Housing Bank says developers should lower property prices to revive economy
After RBI Governor, Now National  Housing Bank says developers should lower property prices to revive economy
Sriram Kalyanaraman believes that in most cities, prices are too high and they need to come down..


Construction
Home prices in NCR to drop marginally: Experts
Home prices in NCR to drop  marginally: Experts
All of it really depends on how much focussed a builder is upon moving out the inventory..


Construction
Government identifies 305 cities and towns for housing for all project
Government identifies 305 cities  and towns for housing for all project
These cities and towns are spread across nine of the 15 states that have signed memoranda of agreement (MoA) with the ministry of housing and urban poverty al..



Marketing
Top 3 Indian Ads of the Week : Report
When the entire nation was soaked in the spirit of patriotism, creative agencies and brands also came together to give us a 'patriotic treat'. They moved us with their stories, beautiful 'patriotic' songs and what not. Here are our picks from the Independence Day Extravaganza that we really enjoyed.


Marketing
Amazon chooses Israeli firm for big India rollout : Report
Amazon chooses Israeli firm for  big India rollout : Report - The Times of Israel
The Internet retailer is hoping to conquer the Indian market with its shopping app – and is looking to MobCo Media to pull it off


Marketing
Air India promises proper marketing to promote presence in Mysuru : Report
Air India  promises proper marketing to promote presence in Mysuru : Report - Times of India
The team expressed its satisfaction with the facilities, but suggested a few changes at the airport. Flight services to Mysuru were discontinued due to low patronage in October last year. R Kannan, station manager, Air India, Bengaluru, who led the team, suggested change in the direction of seating arrangements at the passengers` lounge.


Marketing
Sandeep Goyal forms mobile ads JV with Zeotap
Former chairman of Japanese advertising major Dentsu in India, Sandeep Goyal has formed a joint venture (JV) with German startup Zeotap to create a programmatic advertising platform for targeted advertising on smartphones in India.



Politics
Hardik Patel and Patidar agitation: Why the Sangh Parivar will be cheering

There has speculation that the movement has its mastermind(s) a group of people, unseen and unheard, guiding Hardik Patel behind the curtains. The question to ask is: who are they? What is their motive?

Politics
Bihar polls: Amit Shah meets NDA allies, announcement on seat-sharing likely in a week

NDA allies on Monday put up a united front amid vocal demands being made by some parties on their share of seats in Bihar polls.

Politics
Lapse of land acquisition ordinance not a setback for govt, says Jaitley

Finance Minister Arun Jaitley on Monday said the decision to let the land acquisition ordinance to lapse is not a setback for the government and the alternative route adopted by the Centre will provide greater flexibility to the states to deal with the issue.

Politics
Why has Narendra Modi changed his Mann Ki Baat on land acquisition

If they continue going the way they currently are, Modi and BJP might end up with a majority in the Rajya Sabha, only to lose to the 2019 Lok Sabha elections


Sports
India need seven wickets, Sri Lanka miracle

Having set a daunting 386-run target, India strike thrice to close in on a historic Test series win.

Sports
Animated Ishant Sharma gets into heated argument with Sri Lanka players

Ishant Sharma had a brief altercation with Dhammika Prasad in the 76th and the final over of India's second innings.

Sports
Shiva Thapa, L Devendro Singh enter quarters of Asian Boxing Championships

While Shiva Thapa fought through an engrossing contest to beat Jordan's Mohammad Alwadi 3-0, Devendro out-punched China's He Junjun.

Sports
BCCI, CSA announce Mahatma Gandhi-Nelson Mandela series

South Africa are scheduled to tour India from October 2 onwards and will play 3 T20Is, 5 ODIs and 4 Test matches during the tour.


Entertainment
HC imposes Rs 10 lakh fine on Ram Gopal Varma for remaking 'Sholay'

The Delhi High Court imposed a fine of Rs.10 lakh on film maker Ram Gopal Varma and his production house for making the remake of 1975 blockbuster 'Sholay'.

Entertainment
Shahid Kapoor's next with Vikrmaditya Motwane named 'AK Vs SK'

Shahid Kapoor's next with 'Lootera' director Vikramaditya Motwane is underway and has got a name for itself too.

Entertainment
Amit Trivedi opts out of Baar Baar Dekho over creative differences with director
Amit Trivedi opts out of Baar Baar Dekho over creative differences with director - BollywoodHungama.com news. A while back we had reported that Farhan Akhtar and Ritesh Sidhwani's Excel Entertainment would be tying up with Dharma Productions for the film Baar Baar Dekho featuring Katrina Kaif and Sidharth Malhotra that will be directed by Nitya Mehra

Entertainment
'The Voice India' winner Pawandeep Rajan wants to be Salman Khan, Akshay Kumar, Ranbir Kapoor's voice

"The Voice India" winner Pawandeep Rajan wants to sing for stars as popular as Salman Khan, Akshay Kumar and Ranbir Kapoor.


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