September 28, 2015 - India, not China, is the next big frontier for US tech companies

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Digital India, not China, is the next big frontier for US tech companies With China’s president unwavering on tough internet policies, PM Narendra Modi is sending a different message: Help India become an internet powerhouse. IBM DB2: Get a 90-day free trial, right away! Digital Hyperlocal delivery startup Quickli raises undisclosed amount of funding from 500 startups Quickli offers on-demand logistics services and a technology platform that enables efficient routing based on location tracking of the fleet on street. Digital Indian security firm Quick Heal plans to raise Rs 1200 crore through IPO Quick Heal has hired three investment banks including JPMorgan as underwriters for the issue, which is expected to hit the market in the third quarter. Digital Accenture to bring startup innovation hub concept to India The global consulting and IT giant has innovation hubs centred on new-generation technologies such as internet of things in Silicon Valley to work with startups. Digital #ModiInSiliconValley: Google to provide Wi-fi at 500 Indian railway stations Recalling his young days, Pichai noted that 25 million people daily ride the Indian Railways which has 7500 stations. Retail How can e-commerce sites be retailers for tax and not for FDI, asks High Court The observation by the court came while hearing a plea alleging that e-commerce sites are violating FDI policy by retailing goods through Internet. Retail Will Alibaba's woes rub off on Indian e-commerce? Whatever happens to the Alibaba stock, e-commerce investors are already turning cautious on emerging markets, especially India Retail Nearly 80% of grocery shopping decisions taken by men, says study For packaged food products, 91% men take the call on what to buy, while for beverages, the figure is 92%, says a report Retail Wal-Mart's India sales dip 32 per cent in 2014 The Indian unit of Wal-Mart Stores Inc, the worlds largest retailer, posted its first ever sales decline after parting ways with key client Bharti Retail. Telecom Google, Microsoft and other Silicon Valley cos pledge support to PM Narendra Modi's Digital India Google and software maker Microsoft were among some of the largest technology giants that pledged their support to PM Modis Digital India initiative. Telecom Qualcomm sets up $150 million fund for Indian mobile tech Qualcomm says committed to provide local innovative start-ups with the support needed to help India’s Internet of everything ecosystem grow Telecom Remove hurdles, reduce regulations: Cisco to government Government needs to make it much easier to do business and reduce regulations by removing all the hurdles for campaigns like Make in India and Startup India to succeed, Cisco Executive Chairman John Chambers said.   Telecom Fictional internet policy is bad for India and good only for Facebook By Eben Moglen & Mishi Choudhary Manu Joseph is widely considered to be a particularly accomplished novelist. As an Internet policy analyst, however, he has trouble telling fact from fiction. Writing in the New York Times on 16 September, Mr Joseph – newly reborn as an admirer rather than a skeptic of Mark Zuckerberg’s altruism … Finance IDFC Bank mulls having no ATMs, free service at other machines "We are looking at not having a network of ATMs," IDFC Bank's head of personal and business banking Naval Bir Kumar told Finance With banking foray, MFIs to dilute foreign ownership With banking foray, micro finance institutions to dilute foreign ownership - Forced to comply with RBI rules, they may look at IPO route to restructure shareholding Finance Government’s holding in IDBI Bank to be reduced to 49% The govt has firmed up plans to bring down its holding in IDBI Bank to 49 per cent, marking a big bang start to its commitment to reform state-run banks. Finance DoP to seek Cabinet nod for Rs 292 crore to set up payments bank Payments bank licence will allow companies to collect deposits (initially up to Rs 1 lakh per individual), offer Internet banking, facilitate money transfers and sell insurance and mutual funds. Food/FMCG Amul digital ad draws flak for being sexist daCunha Communications, which makes outdoor ads for Gujarat Cooperative Milk Marketing Federations (GCMMFs) Amul brand, is under flak on social media. Food/FMCG McCormick terminates contract with Kohinoor Foods before lock-in period ends McCormick & Co Inc, the world's largest maker of spices, seasonings and flavours, has terminated its rice supply and business transfer agreement with Kohinoor Foods Ltd. Food/FMCG Mondelez's India push grows; local products go international In the past few years, the firm has invested close to Rs 1,200 crore across manufacturing, distribution and supply chain management in India Food/FMCG Demand for Indian tea rises in Russia, traders want joint ventures with Indian cos Tea traders in Russia have evinced interest in forming joint ventures with Indian companies to sell packet tea in their country. Ecommerce Qualcomm Inc to create an India-dedicated strategic fund to invest $150 million (Rs 992 crore) in Indian startups US-headquartered chipmaker Qualcomm Inc said on Sunday it will create an India-dedicated 'strategic' fund to invest $150 million (Rs 992 crore) in Indian startups. Ecommerce Talent churn keeps e-commerce biggies Flipkart, Zomato, Ola on their toes; latest big problem staring is attrition, especially in senior ranks Flipkart, Zomato and Ola, which have been aggressively recruiting top talent, are grappling with an exodus of management-level executives. Ecommerce How can e-commerce sites like Flipkart, Amazon be retailers for tax and not for FDI? : Delhi High Court The Delhi High Court has observed that if the central and state governments were not treating e-commerce sites like Flipkart and Amazon as retailers for foreign direct investment... Ecommerce Obscure IT companies ride e-commerce wave, prices of shares rise up to 5 times so far this year and up to 25 times since 2013 Shares of relatively little known information technology (IT) companies have seen frenzied activity on the bourses in the last one year. HR Infosys terminates using bell curve to assess employees' performance Infosys terminates using bell curve to assess employees' performance - The attrition of Infosys rate came down to 13% in July-September quarter compared to 20% a year ago. HR Govt unlikely to meet 'Make in India' targets on jobs, manufacturing: survey Considering the rate at which the Modi government's ambitious 'Make in India' initiative is progressing, its target of creating 100 million jobs and achieving 25 per cent of GDP from manufacturing sector by 2022 may be difficult to meet, says a HR Google bringing high-speed Wi-Fi to 100 Indian rail stations by the end of 2016 The railroad in India is called "The Lifeline to the Nation" — it's a stunning operation that brings over 13 million riders a day to more than 7000 stations spread across 67,000 miles (108,000 km)... HR Hearing-impaired demand equal rights for empowerment Eighty individuals suffering from hearing impairment participated in a rally-cum-meet to commemorate the International Week of the Deaf in Panaji on Sunday. In an effort to provide equal rights, the Goa association of the deaf stressed on the need to recognize hearing-impaired individuals as those with a linguistic issue and called for sign language to be made available to them early in life Logistics Tests on transport corridors linking our neighbours Myanmar and Thailand to start from December The exciting life of Bangkok, serenity of Nepal and exotic food of Bangladesh could be a road trip away. Not to forget Myanmar and Bhutan that can also be reached by road in the foreseeable future. Logistics Scheme For Raising ECBs For Civil Aviation sector extended till March 31st 2016 Scheme For Raising Ecbs For Civil Aviation Sector Extended India Transport Seth Dua & Associates 27 Sep 2015 Logistics Government keen to avert transport strike on October 1:Nitin Gadkari, concern is about the hightaxes and loss of revenue in waiting hours Government keen to avert transport strike on October 1: Nitin Gadkari - The All India Motor Transport Congress (AIMTC) maintained that it's ready to pay a higher toll, but that should be collected as indirect tax because of harassment by different agencies. Logistics Sportstars to give etiquette lessons to rude airport staff; Dhanraj Pillay, Dhoni and Vishwanath Anand roped in for the task You often wished if somebody could tame those rude security staff at the airport,The Central Industrial Security Force (CISF)has roped in icons such as MS Dhoni, Viswanathan Anand and Dhanraj Pillay, who will teach officials and security personnel to be a sport. Construction Small firms lap up NHAI projects as large ones focus on cutting debt Between January and July, NHAI awarded a total of 30 road projects whose cost is estimated to be `28,000 crore Construction Cement won't be bought from Ultratech, Lafarge, According to Credai NCR The announcement to stop the procurement of cement from these companies was made at the AGM yesterday.. Construction Cheaper houses for economically weak to be ensured by Rajasthan Government The new scheme is part of the 'Rajasthan Housing for All' project under which a need for 10 lakh houses has been estimated in the state by 2022.. Construction Gachibowli:India's realty hotspot? The US-based firm, with its India headquarter in Ahmedabad, has acquired a 40-acre land parcel in Puppalguda (Financial District) to develop what is being tou..   Marketing India feels like Silicon Valley of mid-90 : Google Discussing why India is important to Google, Sridhar Ramaswamy, Senior VP-Ad Products at Google told CNBC-TV18’s Kritika Saxena that “It (India) is just incredibly rich with possibilities.” .. Marketing LinkedIn Aims $1 Bn Annual Revenue from Marketing Solutions : Report Professional networking site LinkedIn aims to generate about $1 billion in annual revenue from its marketing solutions business in the next three to five years, Russell Glass, head of products (marketing solutions) in LinkedIn told TOI.   Marketing India will play big part in driving technology forward, says Google CEO Sundar Pichai : Report India will play big part in driving technology forward, says Google CEO Sundar Pichai - India will play a big part in driving technology forward in the future, Google CEO Sunder Pichai said on Sunday and praised Prime Minister Narendra Modi for accelerating India's effort to become the next global hot bed of innovation and entrepreneurship. Politics Modi signs the Tricolour: Has the PM run afoul of the Flag Code of India? Prime Minister Narendra Modi's flag-autograph is not his first brush with controversy relating to the Indian Flag Politics Bihar polls: Nitish Kumar’s copycat strategy fools no one; Lalu may be only gainer For a man who seems to dislike Narendra Modi, Nitish Kumar has copied his style, substance and strategy to the T. Can it work? Politics Pakistan Waging Proxy Terror War Against India, Says Home Minister Rajnath Singh Politics OROP Protest: Gul Panag Appeals To PM Modi, Asks Him Not To Break Veterans' Morale Sports Olympic Games: Sports await 2020 Tokyo verdict Sports Indian Super League: Little Brazil mushrooms in India Number of players from Brazil has gone up from eight in the last edition of the ISL to 18 this year. Sports Barcelona win match, lose Lionel Messi; Villarreal ascend to top Lionel Messi was ruled out for up to two months after damaging knee ligaments. Sports Bullet to cricket, an Indian dad finds redemption in Ireland Vishal Chopra’s mother killed by Irish Republican Army sniper’s shot, his son set to represent Ireland at under-19 World Cup. Entertainment Dibakar Banerjee to launch new trailer of ‘Titli’ for Indian audience Producer of 'Titli' Dibakar Bannerjee is now launching a new trailer of the film on September 29 for the Indian audience. Entertainment Jason Bourne gets his memory back in ‘Bourne 5’: Matt Damon Matt Damon has been teasing what's in store for the upcoming Bourne film and revealed that his character will get his memory back. Entertainment Younger actors who have made a mark are those who don’t have godfathers: Naseeruddin Shah Naseeruddin Shah loves working with the younger lot of actors and especially those who are bereft of godfathers in the industry. Entertainment I was sceptical to sign ‘Quantico’: Priyanka Chopra American TV series "Quantico" is a big break for Priyanka Chopra in an international scene but the actress had second thoughts about signing the show as she felt it would require a long commitment. TradeBriefs Publications are read by over 10,00,000 Industry Executives 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