October 29, 2015 - Diwali Ecommerce War: When Flipkart, Snapdeal, and Amazon were busy offering cutthroat discounts, Paytm played it cool and still won. Here's how

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Blog Sree Vijaykumar From the Editor's Desk One of the major misconceptions about the Aadhar number is its purpose. It simply establishes that you are who you say you are. It does so more accurately than any other system because it uses biometric technology, which is the hardest to cheat (your fingerprint and your retinal scan are unique). The primary purpose of Aadhar is to prevent pilferage with various government schemes targeting the poor. It does not establish that you are an Indian or that you reside at a particular address. There are other documents for that. Is the cost of implementing Aadhar worth the savings in pilferage from government schemes? Yes. Is privacy a concern? Yes, various third party agencies have been used to collect your data, but without your bank account information or other associated document, the Aadhar number by itself doesn't reveal much about you. It's the same as the Social Security Number in the US, which various agencies use in combination with other documents to determine everything from your driving record to your credit score. Also, mandating anything doesn't help. If someone wants to avail a government benefit, it's in their interest to get the Aadhar number. The government needs to do a better job of explaining Aadhar. - Comment Digital Diwali Ecommerce War: When Flipkart, Snapdeal, and Amazon were busy offering cutthroat discounts, Paytm played it cool and still won. Here's how 'Tis the season for e-commerce in India, and one challenger, One97's Paytm, is banking on the future of mobile wallets. Shades of Alibaba? Advt: Get qualified leads for your business TradeBriefs introduces automated mobile number verification, progressive qualification and other API-based verification. Save time and money! Advt: Diamond India Ltd. introduces Limited Edition Sachin Tendulkar Swiss Silver Coins. Digital marketing is evolving everyday. Keep up with the latest trends. Digital On-demand delivery service app MagicTiger buys AI-powered shopping platform Zoyo Zoyo is a chat based fully automated assitant for shopping, news, restraunt discovery, etc. Digital Snapdeal appoints Ashish Jain to handle post M&A integrations E-commerce marketplace Snapdeal, run by Gurgaon-based Jasper Infotech Pvt Ltd, has roped in Ashish Jain as senior vice president (SVP), investor relations and mergers and acquisitions (M&A) integrations.   Digital Raghav Bahl Version 2.0 -- from founder of India's largest media house Network 18 to Quint How the media entrepreneur plans to build a digital content empire in his second innings.   Digital Maker of digital anti-fraud tech for advertisers Simpli5d raises funding NLP Captcha is a Captcha based digital advertising platform which provides better security to your website and also helps you monetize it. Retail 65% of Alibaba's total GMV through mobile; takeaways from Q2 results Chinese ecommerce company Alibaba posted revenues of $3.49 billion for the quarter ended September 2015, representing a year-on-year growth of 32% . The company Retail Tata Trent's Trend West acquires Bengaluru based brand Eat.Shop.Love. The Trend West portal, which is likely to go live by the end of this year, will be powered by the branding, marketing, delivery and sourcing line of ESL. Retail Startups like Urban Ladder, Fab-Furnish goes hyperlocal, partners with offline stores ‘Window shopping on online portals to compare prices and designs, followed by offline transactions is becoming high among Indian consumers. Retail Singapore-based online retailer Shopmatic launches operations in India Company helps manage anyone who wants to sell online tackle the entire process Telecom 'HC's castration call is regressive and inhuman' The recent suggestion of the Madras high court to inflict a punishment of cas tration on child abuse offenders is alarming, inhuman and regressive.   Telecom Facebook's Mark Zuckerberg in India to get 'next billion online' At a townhall in Delhi, Facebook CEO Mark Zuckerberg said the social networking website "absolutely" supports net neutrality, but spoke in favour of zero-rating plans, saying prioritizing these plans is necessary to connect everyone to the internet. Telecom Mobile subscribers in India close to 1 billion, and growing fast Mobile subscribers in India now number almost 1 billion with mobile penetration in the country now predicted to reach 100% in the next five years. A r... Telecom Idea Cellular in talks with Alcatel to procure 4G smartphones TCL Communication, a public company listed on the Hong Kong Stock Exchange, sells smartphones under the Alcatel One Touch brand. Finance Indian market still popular among global investors Global investors seem to be pinning hopes on Indian stocks premium valuation to sustain against its emerging market peers. Finance 20 commercial banks want to tie up with India Post Payments Bank About 20 commercial banks have initiated talks with the department of posts for a strategic tie-up with its proposed payments bank India Post Payments Bank. Finance Pradeep Gupta elevated as State Bank of India MD State Bank of India (SBI) Deputy Managing Director Parveen Kumar Gupta was today appointed as the Managing Director of the bank, which is the country's largest lender. Mr. Gupta, who is also the Managing Director of SBI Capital Markets Ltd, the bank's investment banking arm, will succeed Mr. P. Pradeep Kumar, who will superannuate on October 31. The appointment is until March 31, 2020 when Mr. Gupta is due to superannuate or until further orders, whichever is earlier, a notification from the Ministry of Finance said. Finance Indian units of MNCs paying high royalty to parents, says report Indian units of Maruti Suzuki, HUL, ABB, Nestle and Bosch paid a fourth of their pre-tax profits as royalty Software Is world's second-most valuable startup Xiaomi in trouble? Known for selling low-cost, high-quality Android phones, the fast-growing, super-valuable company Xiaomi is going through trouble. Software Big four IT companies Infosys, Wipro, HCL and TCS may not be able to meet Nasscom’s growth target Nasscom was waiting to see how the third quarter plays out before taking a call on cutting the outlook, said a person with knowledge of the matter. Software Wipro wins five year IT contract from a leading Norway retailer to transform and upgrade its IT infrastructure This IT engagement will benefit supply chain and distribution operations at the Norwegian retailer, among other functions, it added. Software Indian insurers to spend Rs 14,080 crore on IT in 2016, says Gartner Indian insurance companies are expected to spend Rs 14,080 crore on IT products and services, a growth of 9.6 per cent over 2015, research firm Gartner said today. Ecommerce Paytm partners with insurance companies to facilitate cashless payment of renewal premiums; targeting premium collections of Rs 1,000 crore this fiscal year Paytm is partnering with insurance companies to facilitate cashless payment of renewal premiums and is targeting premium collections of Rs 1,000 crore.. Ecommerce Akshay Chaturvedi, a former business head at Zigwheels.com, joins hybrid furniture retailer Housefull as co-founder and joint CEO Akshay Chaturvedi, a former business head at auto portal Zigwheels.com, has joined hybrid furniture retailer Housefull International Ltd as co-founder and joint CEO. Ecommerce Paytm set to join the Flipkart, Snapdeal and Amazon bandwagon with a three-day festive season sale from November 3; expects festive sales of Rs 1,000-cr Paytm is set to join the Flipkart, Snapdeal and Amazon bandwagon with a three-day festive season sale from November 3. Ecommerce Myntra to unveil new social app, will emulate mall shopping experience on mobile devices The Flipkart-owned online fashion retailer is aiming to double the gross merchandise value of goods sold on the platform to $1 billion in 2016. Franchise Franchisee Journey: From manager running 3 Cinnabon locations to Cinnabon franchisee A Q&A with Miguel Di Costanzo on what happened when his hard work caught the eye of his 'Undercover Boss.' Franchise Franchisee Newbies: 5 Signs in a franchise that signal problems and hint that you should keep digging Picking a franchise can be hard, there are hundreds to choose from. At times, the best to make a decision is to eliminate options. Here are some red flags to heed when researching franchises. HR Jabong in talks with Benetton's Sanjeev Mohanty for CEO post The restructuring comes at a time when the largest shareholders in Jabong parent Global Fashion Group, AB Kinnevik and Rocket Internet, continue to look for a potential suitor for selling the e-commerce firm HR CFOs are closing the wage gap with CEOs Brian Ach/GettyAnthony Noto of Goldman Sachs speaks onstage at TechCrunch Disrupt NY 2013 at The Manhattan Center on May 1, 2013 in New York City. (Photo by HR Maharashtra government likely to recruit 1000 schoolteachers After a gap of almost three years, the state government is expected to begin fresh appointments for the post of teachers in government and private aided schools HR Infosys may opt for matrix HR structure to woo young digitally savvy employees “There is already at the board level an acceptance that the conventional structure, the linear structures are no longer valid," Seshasayee said in an interview. Logistics Centre gives green nod to Rs 3000 crore international airport in Goa The proposal was cleared by the Cabinet, which met under the chairmanship of Chief Minister Laxmikant Parsekar. Announcing this after emerging from a meeting of the Cabinet, Parsekar said documents are being legally vetted and would be published soon. Logistics NMC moves to redesign cement concrete road project The Nagpur Municipal Corporation’s (NMC) ambitious cement concrete road project worth 123 crore was supposed to have been completed two years ago. Unfortunately, the project is not even half way till date. Logistics Pawan Hans to add 13 aircraft, including 2 sea planes to its fleet at the cost of 900 cr- Economic Times Bankruptcy law top priority in Winter Session after GST: Government - The Government has said that the Bankruptcy law will be introduced in Parliament this Winter Session, while the passage of the GST Bill will remain on the top of agenda, Minister of State for Finance Jayant Sinha said. Logistics Jet Airways September quarter profit rises 25% on lower fuel prices Indian carrier Jet Airways Ltd said on Wednesday its net profit in the September quarter rose by a quarter, its second consecutive quarterly profit after a string of losses, bolstered by sharply lower fuel cost. Construction Oberoi Realty launches 'Sky City' in Mumbai Real estate player Oberoi Realty today launched a multi-tower residential project 'Sky City' in Borivali in suburban Mumbai and expects to gain Rs 10,000 crore revenue from it. Construction Oberoi Realty to repay its debt worth Rs 500 crore in the next 18 months Realty developer Oberoi Realty is aiming to repay its debt worth Rs 500 crore in the next 18 months, said a top company official. Construction HNI Investors prefer startups compared to realty Stuck investments and low returns in Indias realty sector are acting as deterrent for investments from ultra-high networth individuals. Construction Property details to be available at the click of mouse soon Soon, get property details at the click of a mouse - It is also looking to link the registration system with the property tax details in civic bodies with a pilot project to be launched in Pune and Pimpri-Chinchwad soon. Marketing 65% of Alibaba’s total GMV through mobile : takeaways from Q2 results Chinese ecommerce company Alibaba posted revenues of $3.49 billion for the quarter ended September 2015, representing a year-on-year growth of 32% . The company also said that the gross merchandise value (GMV) of transactions was $112 billion showing a growth of 28%. Some of the trends we observ Marketing India's start-up boom echoing in ad campaigns : Report Plots revolving around start-ups appear to have become the clutter breaker of choice in Indian advertising Marketing Lessons Learned From India's Ad Man Ranjan Kapur : Report How do you build a brand amid the uncertainties and opportunities of a developing market? Harvard Business School Professor Sunil Gupta shares lessons learned from Ranjan Kapur, an iconic figure in the Indian advertising industry. Marketing Indian advertising thrives on family ties : Report Highlighting relationships in campaigns is all very well, but what happens to advertising that features celebrities and their family members? Politics Polling in third phase ends in Bihar, 53 percent voting recorded The third phase of Bihar's staggered assembly polls ended on Wednesday evening, with 53.20 percent of the 14.5 million electorate voting in 50 constituencies across six districts. Politics In Twitter interaction with Firstpost, Nitish predicts landslide victory for grand alliance in Bihar elections Nitish Kumar, in a Twitter interaction with Firstpost, said he was confident that the Mahagathbandhan would have a 'landslide victory' in the elections. Politics Full text: Nitish Kumar confident that Grand Alliance will win Bihar polls 2015 Incumbent Bihar Chief Minister Nitish Kumar in a Twitter interaction with Firstpost said that he was confident that the Mahagathbandhan will win the Bihar Elections 2015. He also took on Prime Minister Narendra Modi and said that the BJP had tried brazenly to add communal colour to the elections. Politics ‘No PM has stooped to such low levels of indecency’: Cong hits out at Modi over ‘three idiots’ remark The Congress on Wednesday took strong exception to Prime Minister Narendra Modi's "Three idiots" remarks against his detractors in Bihar polls and accused him of stooping to unprecedented low levels. Sports Unless BCCI takes a decision, selectors can pick Amit Mishra: Rajeev Shukla Amit Mishra is faceing charges against himself for allegedly harassing a woman in Bengaluru last month. Sports ISL: Hat-trick hero Sunil Chhetri gives Mumbai high Two penalties and a close range volley took the India skipper's overall tally to six in the season, along with Chennaiyin FC striker Stiven Mendoza, who incidentally, also has a hat-trick to his name. Sports Frustration happens when home team is denied desired pitch: Sunil Gavaskar After India's loss in 5th ODI, spotlight soon turned towards the pitched battle between Ravi Shastri and Sudhir Naik. Sports 'I'm close to full fitness': Ashwin R Ashwin, India's No. 1 spinner, has said he is close to full fitness, which should come as relief to the team after losing both the T20I and ODI series to South Africa Entertainment FTII issue is not connected to Bollywood: Dibakar Banerjee "I don't think this is an issue that is connected to Bollywood unfortunately. It is connected to education and teaching," said Dibakar Banerjee about the FTII issue. Entertainment Never got depressed during cancer battle: Lisa Ray Lisa Ray, who put up a brave fight against cancer, says she never got “depressed” due to the disease as “hope, support and humour” helped her to be cured. Entertainment Yash Raj Films’ ‘Titli’ to open Dharamshala International Film Festival Yash Raj Films' "Titli" will open the upcoming fourth edition of Dharamashala International Film Festival (DIFF 2015), which begins on November 5. Entertainment Nargis Fakhri to meet Sangeeta Bijlani for tips on ‘Azhar’ biopic Nargis Fakhri who plays Sangeeta Bijlani in the biopic on her former husband cricketer Mohammad Azharuddin is all set to meet the former actress. 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