Friday, September 4, 2015

September 4, 2015 - India centres key part of Paypal's global operations; 10% of its workforce based here

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Digital

Digital
Rediff jumps into instant messaging bandawagon, launches 'Conversations'
✔Shop Online for Smart Products ✔Get Latest News in India ✔Live Cricket Score ✔Bollywood News ✔Real Time Stock Quotes


Digital

Digital
Online B2B hotel platform RepuFact clocks Rs 36 lakh in first month; raises commitment of Rs 8 crore towards seed fund: Economic Times
Online B2B hotel platform RepuFact  clocks Rs 36 lakh in first month; raises commitment of Rs 8 crore towards seed fund: Economic Times
Customer reviews have become increasingly important for the Indian hospitality industry with travel search and bookings shifting online.



Retail
A lingerie startup that says it sells one bra per minute just raised $40 million
A lingerie  startup that says it sells one bra per minute just raised $40 million - Businessinsider India
This post originally appeared on Business Insider. Zivame, a 4-year-old startup based in Bangalore, India, just raised more than $40 million to change the way women buy underwear online. So far, the strategy seems to be working; Zivame says it's selling one bra per minute. Investors include Khazanah Nasional Berhad and Zodius Technology Fund, a fund...

Retail
Indian ecommerce war moves to the data front: Snapdeal buys Silicon Valley startup
Indian ecommerce  war moves to the data front: Snapdeal buys Silicon Valley startup - Tech in Asia
Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities

Retail
CAIT writes to PM Narendra Modi on a separate ministry for retail sector
CAIT writes to  PM Narendra Modi on a separate ministry for retail sector - Economic Times
Traders body CAIT today sought Prime Minister Narendra Modi's intervention in formulating a national trade policy for the retail sector.

Retail
Why GST may not be worth the heartburn; govt should hasten slowly on it
Why GST may not  be worth the heartburn; govt should hasten slowly on it - Firstpost
The goods and services tax as it now stands is not quite reform. It may have more heartburn than payoffs for the country.


Telecom
3G will die soon, India to become the world's 3rd largest 4G LTE market by 2016
3G will die  soon, India to become the world's 3rd largest 4G LTE market by 2016 - Businessinsider India
India would overtake Japan to be the world's 3rd largest 4G LTE market by 2016, says the Strategy Analytics Survey report. It will also surpass U.S to be


Telecom
India next export hub, will turn to 4G soon: Ericsson
India next export hub, will turn  to 4G soon: Ericsson - Moneycontrol.com
5G is radically different from 2G, 3G and 4G technologies. It considers industrial use of Internet.


Telecom
Mobile app to take complaints against offensive advertisements
Mobile app to take complaints  against offensive advertisements - Times of India
The number of consumers who have complained about misleading or offensive advertisements has risen exponentially since market regulator ASCI started a mobile application two months ago.


Telecom
Will 4G drive India's Internet growth?
Will 4G drive India's Internet  growth? - The Indian Express
India has added 52 million Internet users in first six months of the year, taking the total user base to 352 million as on June 30, 2015, industry body IAMAI today said.



Finance
No 'achhe din' for small businesses in India
No 'achhe din' for small  businesses in India - Livemint
Indian companies are in the doldrums, but it is the smaller businesses that are suffering the most


Finance
B2C definition could roil marketplaces
B2C definition could roil  marketplaces - Livemint
At stake are billions of dollars in venture capital funding that have found their way to online marketplaces


Finance
Homegrown VCs key to stable ecosystem
Homegrown VCs key to stable  ecosystem - Livemint
India's venture capital market has so far largely been dominated by Silicon Valley firms


Finance
Sudheer Kuppam's VC firm to raise $400 million
Sudheer Kuppam's VC firm to  raise $400 million - Livemint
The former managing director at Intel Capital says the new fund will focus on investments in the technology sector



Food/FMCG
Henkel plans India re-entry with purchase of 26% stake in Jyothy Laboratories
Henkel plans  India re-entry with purchase of 26% stake in Jyothy Laboratories - Economic Times
The deal will enable Jyothy Labs to get expertise from Henkel, which can once again access the Indian market.

Food/FMCG
Pepsi chief D Shivakumar wants brands to take social media more seriously
Pepsi chief D  Shivakumar wants brands to take social media more seriously - ET
He said the deepening mobile and digital penetration has resulted in people getting a tool to express themselves and others commenting on the same.

Food/FMCG
Hector Beverages to spend $10 mn to expand Mysore plant capacity
Hector Beverages raised $30 million in fresh funding in July from existing investor Sequoia Capital and new funds

Food/FMCG
Say cheers to global beer! ; Global breweries now control 86% of the Indian market
Say cheers to global beer! ;  Global breweries now control 86% of the Indian market -  ET
As a result, global breweries now control 86% of the Indian market and account for eight out of ten top selling beer brands.


Software
With only 7.9% YoY growth in organic dollar revenues, is Indian IT losing its edge?
With only 7.9% YoY growth in  organic dollar revenues, is Indian IT losing its edge? - Livemint
The 7.9% year-on-year growth in organic dollar revenues of the top six IT services exporters is underwhelming, to say the least


Software
Top 30 B2B software product firms in India valued at $ 10.35 billion
Top 30 B2B software product  firms in India valued at $ 10.35 billion - Business Standard
The top 30 companies in India's B2B software product industry are valued at Rs 65,500 crore ($ 10.25 billion) with their value in dollar terms growing by 20% and 28% in rupee terms in the nine months to June, a study by iSpirit said on


Software
India pitching for Internet governance : US may consider to locate 'root server' in India
India pitching for Internet  governance : US may consider to locate 'root server' in India - Economic Times
A root name server, as its technically known, is at the base of the Internet. These servers translate readable host names into IP addresses.


Software
Wipro signs pact with Chelsea to be its official digital and IT partner for the next three years
Reigning English Premier League champions Chelsea FC will team up with Indian IT services group Wipro Ltd to help improve its digital media strategy, the two said a day after rival Manchester United



Ecommerce

Ecommerce
Reliance Cement, a subsidiary of Reliance Infrastructure, announces its foray into the online space to sell crucial binding material
Reliance Cement Company Pvt, a subsidiary of Reliance Infrastructure, today announced its foray into the online space to sell crucial binding material.

Ecommerce
Scootsy, a Mumbai based local discovery and delivery service, ties up with India Book Distributors to deliver books to major parts of the city in 60 minutes
Scootsy, a Mumbai based local  discovery and delivery service, ties up with India Book Distributors to deliver books to major parts of the city in 60 minutes - ET Retail
This partnership will allow customers to choose from a wide variety of English language books, magazines, education and training related materials provided th..

Ecommerce
Hyperlocal mobile messaging app Lookup introduces deliveries across Bangalore, Mumbai and Delhi in association with Roadrunnr
Hyperlocal mobile messaging app  Lookup introduces deliveries across Bangalore, Mumbai and Delhi in association with Roadrunnr - ET Retail
There is no minimum order and users can order anything from their local stores ranging from food, groceries, medicines, electronics and much more...


Franchise
Can you just hike the prices on your menu to keep up with increasing supplier costs?
To ensure a business is keeping up with the times, it is necessary to adapt and change.


Franchise
Franchisee Journey: From nuclear naval submarine officer to business brokerage franchisee
Franchisee Journey: From nuclear  naval submarine officer to business brokerage franchisee - Entrepreneur
Curt Maier's background as a nuclear naval submarine officer gave him the skills needed as a Murphy Business Northwest franchisee.



HR
India: Jet Airways to merge Jet Lite with itself
India: Jet Airways to merge Jet  Lite with itself - DEALSTREETASIA
Jet Airways (India) Ltd, the country's second-largest airline by passengers carried, will merge its wholly owned unit Jet Lite (India) Ltd with itself.


HR
#StandUpIndia: trade unions are a part of the solution, not the problem
#StandUpIndia:  trade unions are a part of the solution, not the problem - Catch News
The debate Trade unions argue they provide manual labour at low costs They also help level the skewed relationship between owners and workers through negotiations Industrialists feel that unionisation is a restrictive practice. It leads to a slowdown of growth The amendments Trade unions agree there is a need to refresh labour laws. But they oppose the proposed amendments One proposal is unless a body has 30% of the workforce as members, it can't register as a trade union India's 80% unorganised workers have no hope of forming unions under the proposed policy The necessity Unions engage in collective bargaining, without which workers' welfare would go for a toss The govt is pro-business, and needs to strengthen the labour force, not weaken it


HR
India's central bank hires outside talent to boost market nous
The Reserve Bank of India hashired a former Nomura algorithmic trader, officials said, takinga rare step to recruit externally as it seeks expertise neededto make India's financial markets deeper


HR


Logistics
Jayant Sinha appeals to opposition to pave way for GST, says its a tax reform that will unify the Indian market
Jayant Sinha appeals to  opposition to pave way for GST, says its a tax reform that will unify the Indian market - Livemint
Minister of State for Finance Jayant Sinha said government will invest Rs 8.5 lakh crore in Indian Railways to change the face of the sector.


Logistics
Airlines drag govt to court over not being allowed to handle ground operations at Chandigadh airport
Airlines drag govt to court over  not being allowed to handle ground operations at Chandigadh airport - Business Standard
The petition has been filed by Federation of Indian Airlines, along with private carriers; the case is scheduled to be heard on September 7


Logistics
Nepal Airlines to operate flights from Mumbai, twice a week on mondays and fridays
Nepal Airlines  to operate flights from Mumbai, twice a week on mondays and fridays - Times of India
Nepal Airlines will begin operations out of Mumbai from Friday.


Logistics
Malaysia Airlines flight makes emergency landing in Chennai due to a technical error
Malaysia  Airlines flight makes emergency landing in Chennai due to a technical error - Times of India
A Malaysia Airlines flight from Amsterdam to Kuala Lumpur made an unscheduled landing on Thursday in Chennai due to broken lavatories.



Construction
Gr Noida flat buyers unhappy with 'evasive' RTI replies on builder dues, layouts
Gr Noida flat buyers unhappy  with 'evasive' RTI replies on builder dues, layouts - ET
According to the buyers, for over 20 RTIs that have been filed in the last month, GNIDA's response has been uniform. It has evaded direct questions about buil..


Construction
1,104 houses to be build by Vadodara civic body for poor
1,104 houses to be build by  Vadodara civic body for poor
The housing schemes under the MGY allow the private developer to develop 10 per cent of the land on a commercial basis..


Construction
Bengaluru property taxes may go up 20%, If proposal is approved by Government
Bengaluru  property taxes may go up 20%, If proposal is approved by Government
An estimated six lakh properties come under the civic body's limits and the BBMP earned Rs 1,650 crore in property tax collections in 2014-15..


Construction
Puravankara Projects to spend Rs 1,000 crore on real estate projects this year
Puravankara  Projects to spend Rs 1,000 crore on real estate projects this year
The company will work on a new project in Hyderabad close to the Outer Ring Road. This will be under its Provident brand, the report said..



Marketing
Twitter reaches 100K advertisers mark in India : rolls out DIY ads platform
Twitter reaches  100K advertisers mark in India : rolls out DIY ads platform - YourStory.com
Twitter has rolled out self-service advertising platform to SMBs in India. Besides, India the company expanded reach DIY advertising platform to over 200 countries and territories


Marketing
Online advertising market pegged to grow at 30% YoY in India
Online advertising market pegged  to grow at 30% YoY in India - Best Media Info
With the growth of the Internet, digital commerce, digital advertising, payments and social media have also seen steady growth over the past year.



Politics
Mulayam pulls out of Bihar's grand alliance, miffed with Nitish for cosying up to Sonia, Rahul
Mulayam pulls out of Bihar's grand alliance, miffed  with Nitish for cosying up to Sonia, Rahul
The grand coalition in Bihar seems to have come unstuck, as the Mulayam Singh Yadav-led Samajwadi Party has decided to fight the state Assembly elections alone.


Politics
What Amit Shah, BJP can learn from Pepsi, Coke, Cadbury
What Amit Shah, BJP can learn from Pepsi, Coke, Cadbury
In handling negative media, the BJP can take a page from the way brands have handled crises — such as the worms in Cadbury or pesticides in colas


Politics
CNG fitness scam: AAP accuses L-G Jung of shielding culprits
CNG fitness scam: AAP accuses L-G Jung of shielding  culprits
The Aam Aadmi Party on Thursday accused Lt Governor Najeeb Jung of trying to "shield" real culprits by allegedly "forcing" the Anti Corruption Branch (ACB) to file a "half-baked chargesheet" in the multi-crore CNG fitness scam.


Politics
Sharad Yadav rushes to meet Mulayam after SP quits Janata alliance
Sharad Yadav rushes to meet Mulayam after SP quits Janata  alliance
Hours after SP announced quitting the anti-BJP alliance in Bihar, JD-U, the ruling party in the state got into damage control with party chief Sharad Yadav rushing to the residence of Mulayam Singh Yadav to resolve the differences.



Sports
Our confidence is up after Asian Games display: Harpinder Pal Sandhu
Our confidence is up after Asian Games display:  Harpinder Pal Sandhu
Harpinder Sandhu was part of the Indian squad that lifted the gold medal in Incheon, defeating Malaysia 2-0 in the team final.


Sports
US Open: Leander Paes, Rogan Bopanna advance
US Open: Leander Paes, Rogan Bopanna advance
US Open: Leander Paes won his mixed-doubles contest while Rohan Bopanna sealed his opening doubles contest with ease.


Sports
Five jaw-dropping sports videos taken by drones
Five jaw-dropping sports videos taken by drones
A new festival is collating incredible footage shot by drones from the world of adventure sports. Here's five fantastic flying clips from Rise Of The Drones


Sports
Sachin Tendulkar to be star attraction at rural rejuvenation camp
Sachin Tendulkar to be star attraction at rural  rejuvenation camp
Sachin Tendulkar will give away trophies and prizes in some categories of events.



Entertainment
Madhuri Dixit talks about her stardom, life in USA and husband Dr Nene
Madhuri Dixit talks about her stardom, life in USA and  husband Dr Nene
From her first brushes with stardom to the bliss of married life, Madhuri Dixit was up and about in a 45 minute session with SVP.


Entertainment
Arjun Rampal looks forward to 'a super set' from Elijah Wood
Arjun Rampal looks forward to 'a super set' from Elijah  Wood
Elijah Wood will be in the capital to regale fans as he spins the disc with Zach Cowie.


Entertainment
'Titli' one of the best directorial debuts ever: Dibakar Banerjee
'Titli' one of the best directorial debuts ever: Dibakar  Banerjee
Dibakar Banerjee, who has produced Kanu Behl's family film "Titli", has called it one of the best directorial debuts ever.


Entertainment
Doctors stop chemo on critically ill Aadesh Shrivastava
Doctors stop chemo on critically ill Aadesh  Shrivastava
Amitabh Bachchan and superstar Shah Rukh Khan are keeping a check on Aadesh Shrivastava's health.



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