September 15, 2015 - Flipkart's Binny and Sachin Bansal; Paytm's Vijay Sharma, Snapdeal's Kunal Bahl among 7 Indian internet millionaires in Hurun India Rich List 2015

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Digital Flipkart's Binny and Sachin Bansal; Paytm's Vijay Sharma, Snapdeal's Kunal Bahl among 7 Indian internet millionaires in Hurun India Rich List 2015 Ola Cabs, Flipkart and Snapdeal are now among India's most valuable brands. IBM DB2: Get a 90-day free trial, right away! Advt: Learn how the top brands are doing it. Digital marketing is evolving everyday. Keep up with the latest trends. Digital Mahindra Group forays into e-commerce segment M2ALL.com to offer all Mahindra products, spares Digital Ratan Tata-backed CarDekho to acquire Times Internet's auto portal Zigwheels Ratan Tata backed online automobile classifieds portal, Cardekho.com is acquiring Times Internet owned auto portal Zigwheels. The … Digital Ola Cabs raises $225 million funding from Falcon Edge, Tiger Global, Softbank, and others After raising an undisclosed amount from Ratan Tata in July, Mumbai-based cab service provider Ola Cabs has now raised $225 million in a … Digital Mumbai-based Blume Ventures close to raise $60 million second fund; to invest in dozen new startups a year for next 3 years Mumbai-based seed investor Blume Ventures which provides seed funding in the range of $50K – $300K to early-stage … Retail With M2ALL launch, Mahindra forays into e-commerce Called M2ALL.com, the venture will offer the entire range of Mahindra products and services Retail Budget Group ties up with 3 logistics firms; to invest $12 million into partnerships Logistics company Budget Group today said it has tied up with global firms FARDAR Express, Network Courier and AJ Worldwide for wider reach. Retail How an Indian startup is taking eCommerce to the villages DATAQUEST DATAQUESTInthree Access Services, which owns Boonbox, an eCommerce portal, has taken this challenge head on and is now reaping the benefits of being a player with huge focus on rural India. To get more details on the strategy adopted by the firm, Dataquest ... Retail Flipkart launches fulfillment centre in Chennai, total strength 15 Owing to an increased demand and with a consistent focus on customer delight, the company has invested in improving the supply chain in Chennai and surroundin.. Telecom Telecom companies, activists and government grapple over proliferation of mobile towers Three cases challenging proliferation of mobile towers to come up in Bombay HC while in Delhi, telcos complain MCD has sealed about 200 towers in last two months. Telecom India's Mobile Wallet App Adds Support For Payments To Bank Accounts Co is banking on its mobile wallet experience to give it a lead over established business houses as it plans launch by this fiscal-end... Telecom Airtel expand 4G network in Kerala with Thiruvananthapuram launch The Bharti Airtel Ltd (Airtel) and Uber partnership has been extended to Hyderabad. Denizens can now pay for their trips using the Airtel’s mobile wallter service, ‘Aritel Money’ and enjoy high-speed internet powered by Airtel 4G from the cab. Telecom Lenovo A7000 Plus With 4G LTE Support, 5.5-Inch Display Launched Lenovo has launched a successor to A7000 smartphone, the A7000 Plus. The smartphone is set to go on sale in Philippines via a local e-commerce website. Finance Are CEOs in India paid in line with the performance of their companies? In tough years for the business or on the stock market, salaries rose faster. In better years, salaries grew at a slower pace Finance HCL’s Shiv Nadar, Sanjay Kalra set up $500 million fund The firm plans to focus on healthcare technology investments in the US Finance Indian bankers top Fortune's most powerful women list CEO of ICICI Bank Chanda Kochhar to address âWomen in the Financial and Banker Sector Conferenceâ Finance Atlas Group probe: Government transfers Bank of Baroda executive director KV Rama Moorthy In an unprecedented move, Moorthy has been shifted to a smaller state-run lender UBI. He assumed his new job on August 29 as executive director. Food/FMCG Coca-Cola prunes Reporting Layers at its Regional offices Coca-Cola has kicked off a new reporting structure, aimed at making it more nimble and enabling faster decision-making, even as cola sales have shrunk. Food/FMCG ITC's Yippee noodles looks to step into fill Maggi void Fortunes have changed for Yippee noodles after FSSAI banned Maggi in June calling it ‘unsafe and hazardous’ Food/FMCG Tonnes of pulses, onions to reach domestic market in October Ahead of the festive season, the Centre on Monday announced that 10,000 tonnes of pulses and 2,000 tonnes of onions would reach the domestic markets by October 20. Food/FMCG India's August consumer price inflation eases India's consumer price inflation for August eased slightly to 3.66 percent from 3.69 percent in July and a staggering 7.03 percent during the like month of last year, official data showed on Monday. Software Vodafone India in talks with IBM to renew $1 billion outsourcing contract Vodafone India has started talks with IBM for renewal of a $1 billion (Rs 6,600 crore) outsourcing contract that is set to expire in June 2016. Software HCL's billionaire founder Shiv Nadar and Tech Mahindra CEO Sanjay Kalra create a $500m fund : Will invest in US health tech companies This is the first time Nadar, 70, and worth nearly $12.9 billion, is allocating a portion of his wealth towards private investments in the technology industry. Software India's Practo Technologies acquires Insta Health for $12 million : Plans to add hospital management software product Doctor-search provider Practo -- backed by Sequoia, Tencent and Yuri Milner -- is adding more healthcare businesses to its portfolio. Software How is Paytm fighting cash and not competition in the Indian market? By Hita GuptaIn 2010, mobile payment platform Paytm entered the market with key offerings in the mobile recharge and DTH recharge space but over the course of last five year it has graduated to the ec Ecommerce Flipkart announces the launch of its fulfillment centre in Chennai, taking the total warehouse strength in the country to 15 Ecommerce marketplace Flipkart, in a bid to improve its supply chain in Chennai & surrounding areas, has launched a new fulfilment centre in the city. Ecommerce Paytm snaps up former Airtel and Samsung senior executive Nitin Misra to head the product pipeline for its core payments business Misras appointment is the latest made by the Noida-headquartered, Alipay-backed Paytm, as it looks to build a second tier of leaders to strengthen critical operations and scale faster. Ecommerce Taxi aggregator app Ola to invest Rs 5,000 crore in the coming year to expand its newly formed cab leasing business Drivers can lease a car for a deposit of Rs 35,000 and monthly lease payments (of about Rs 15,000) with option to own vehicle after 3 years. Ecommerce Delhi-based ShadowFax raises $8.5 million in a Series A round of funding from Fidelity Internationals investment arm Eight Roads Ventures Delhi-based hyperlocal technology start-up ShadowFax has raised $8.5 million in Series A round by Fidelity’s proprietary investment arm, Eight Roads Ventures. Franchise Franchisee Journey: From a decade in Staples to ARCpoint Labs franchisee Tony and Theresa Oliver liked ARCpoint Labs' multiple income streams and the 'clean/white-collar' feel of the drug-screening brand. Franchise Franchisor Zone: 6 Key areas where you can invest to gain extra value in franchisee marketing When it comes to providing marketing support to franchisees, there are a wide range of services that franchisors use to differentiate their offering in the market. HR Not Just OROP. Another Grave Injustice For Army. With all the understandable (and justified) focus on OROP, the media appears to have missed another major development in the Ministry of Defence - a decision to extend Short Service Commissions for 14 years. HR 13 Indian Companies That Let Employees Dictate Their Own Work Hours From flexi-hours to going back home if you don't get office parking! These companies are the best! HR Degree from Institute of Engineers no more valid for govt jobs Chhattisgarh government has stopped recognizing degrees awarded by Institute of Engineers (India) and other professional technical institutions at par with BE, BTech-depriving its degree-holders from recruitment in government jobs and denying promotions to all those, who have joined various departments in previous years. Logistics TMW Systems, a leading transportation software provider, announces new products, features that enable transportation companies to maximize benefits » TMW Systems Announces New Products, Features that Enable Transportation Businesses to 'Make the Most of Now' | PR News Logistics Air India may see another strike as pilots oppose Labor ministry's move to exclude commanders from workmen category The national airline will pay a premium of $22.5 million for the $9.5 billion cover, as against $24 million last year Logistics Put an end to on- fire sales if you want lower airfares: captains of Indian airlines, meeting to discuss pricing today with the Min of Civil Aviation Officials at a full service airline have also earlier indicated they would be happier if predatory fares become history. Logistics Air India's flight attendants 'too fat to fly'; 130 flight attendants grounded due to being overweight, last year 600 had got a warning Air India has decided to ground about 130 flight attendants, mostly women, who have failed to meet government-imposed weight standards, angering cabin crew and aviation experts who see the move as "sexist". Construction Goldman Sachs says India could grow at 8% in FY16-20 Access to banking, technology adoption, urbanization and structural reforms to power GDP growth, says report Construction Gurgaon builder Alpha G Corp will be bought by Blackstone for Rs 1,600 crore PE major Blackstone’s deal with Alpha G: Corp marks the first full buyout of a real estate co by a private equity fund in India... Construction Mumbai's iconic Lincoln House bought by Poonawalla for Rs 750 crore The sprawling three-storey house is being sold at about Rs 750 crore to Cyrus Poonawalla, chairman of Poonawalla Group, that includes biotech company Serum In.. Construction Housing.com chief marketing officer Pratik Seal resigns amid top deck rejig Seal’s exit comes at a time when the Mumbai-based website is restructuring its top management and strategy team to focus more on product innovation and mone.. Marketing Cross-device trend 'disrupts online' marketing industry : says Facebook exec Cross-device trend 'disrupts online' marketing industry, says Facebook exec The Nation CONSUMERS' SHIFT to the mobile Internet and their tendency to stay online across devices are disrupting the online marketing industry, says a... Marketing From a data standpoint, each smartphone becomes a data generator : Nickhil Jakatdar, Vuclip In this guest post, Nickhil Jakatdar, founder and CEO of Vuclip explores answers to some fundamental hypotheses around video consumption data for MVOD services in India. Much like companies in the business of online search and social media, companies running OTT mobile video on demand (MVOD) Marketing Inspired by Apple's 'Think Different' slogan, Misfit looks to 'fit into' India : Report Marketing Amazon expected to launch Kindle with Indian language support in December or January Amazon is expected to launch a version of the Kindle which supports Indian languages in December or January, Alind Maheshwari, director of Marketing and Copyright Director of the Rajkamal Prakashan Group, a significant publisher of Hindi literature, said at the Publishing Next conference last we Politics Say Nice Things About My Book If You Want Me To Come To Jaipur Lit Fest, Aatish Taseer Tells William Dalrymple It’s not even winter yet but the 2016 edition of the Jaipur Literature Festival has already produced a whiff of literary scandal. A purported email exchange between JLF co-organiser William Politics Shiv Sena attack BJP over meat ban by dragging in Indo-Pak talks Taking a dig over meat sale ban during Jain community's fasting period in five BJP-ruled states, the Shiv Sena on Monday said the decision not to fire the first bullet on Pakistan at a time of ceasefire violations is the epitome of "non-violence" practised by its ally. Politics 2006 Mumbai train blasts case: Prosecution may demand death penalty for 12 convicts A Mumbai court will hear the arguments on the quantum of punishment of the 12 accused in the 2006 Mumbai blasts case on Monday. Politics Yechury in panic over Communist marginalisation in Bengal Kolkata, Sept 13 (PTI) CPI(M) general secretary Sitaram Yechury today said BJP and Trinamool Congress have entered into a “marriage of convenience”, but the “match-fixing” by them will never wipe... Sports $4bn Dallas Cowboys pass Real Madrid as world's most valuable sports team They may not have won a Super Bowl in 20 years, but the Dallas Cowboys continue to beguile fans with the NFL team named as the world’s most valuable sports team Sports From sportspersons to Bollywood stars, Twitterati proud of Sania Mirza after US Open 2015 win Sania Mirza-Martina Hingis won the 2015 US Open women's doubles title in New York on Sunday. Sports Supreme Court stays criminal proceedings against MS Dhoni The complainant had alleged that Dhoni was seen on the cover of a magazine as Lord Vishnu, holding several things, including a shoe. Sports Porsche Unveils Prototype Battery-Driven Sports Car Porsche has unveiled a prototype battery-driven sports car with which it aims to challenge Tesla Motors, the maker of high-end electric cars whose success has shaken more established car makers. Entertainment M Night Shyamalan considers second season of ‘Wayward Pines’ Indian-origin filmmaker M Night Shyamalan has revealed he is considering making a second season of "Wayward Pines". Entertainment Sheena Bora case can become a plot for any film: Madhur Bhandarkar Bollywood helmer Madhur Bhandarkar believes that the sensational Sheena Bora murder case can become a plot for any film. Entertainment Minions beats Toy Story 3 as second highest grossing animation "Minions" is officially the second-highest grossing animated movie of all time after opening to USD 20.1 million in China. Entertainment Brahmanandam to emulate Aamir’s ‘PK’ look in ‘Garam’ Veteran Telugu comedian Brahmanandam, who has over 1,000 films to his credit, will be seen emulating Aamir Khan's popular look from Hindi blockbuster "PK" in upcoming Telugu film "Garam". 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