October 1, 2015 - Snapdeal-owned FreeCharge claims 1 million wallet users within five days of launch

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Digital Snapdeal-owned FreeCharge claims 1 million wallet users within five days of launch Online recharge and utility payments portal FreeCharge, which was acquired in April by e-commerce marketplace Snapdeal, has launched a digital wallet in partnership with YES Bank. Advt: Diamond India Ltd. introduces Limited Edition Sachin Tendulkar Swiss Silver Coins. Digital marketing is evolving everyday. Keep up with the latest trends.</div Complimentary Report:The Right Time for Real-Time Marketing Deliver more relevant offers, increase response rates, and create happier, more profitable customers Digital Jabong’s growth halved in Q2; remained the top money losing proposition for Rocket Internet Online shopping in India for men, women & kids for shoes, clothing, watches, sunglasses at Jabong.com. ✓ free shipping* ✓ Cash on Delivery ✓ 15 days Return Digital AirAsia no more just a low-cost carrier, it's an "internet" company. To launch an ecommerce arm The airline’s chairman Tony Fernandes reveals a plan to launch an ecommerce arm, saying they’re an internet company after all. Digital India head of Vertex Venture Ajay Lakhotia quits to start own investment entity Ajay Lakhotia, the India head of Vertex Venture Management has quit the investment firm to start his own investment entity. Digital Whatsapp is No.1 video sharing platform for Indians, Facebook comes second: Study Vuclip Global Video Insights survey done over April to June covering 5,000 mobile video viewers revealed that Whatsapp was the most popular medium in India to share videos. Retail Ecommerce growth caught everyone off-guard, says Adidas Group India MD Adidas India is relying on premium products and an omni-channel retail strategy to meet its ambitious targets in the country, says managing director Dave Thomas Retail Alok Mittal's second coming The former entrepreneur turned venture capitalist comes full circle with Indifi, a debt financing platform for small businesses Retail H&M zeroes in on Bengaluru mall for its third outlet in India H&M is the anchor tenant in the mall being developed by Virtuoso Retail that is expected to open in the last quarter of 2015, one of the persons said. Retail With new analytics arm, Tata aims to make better sense of data Tata Consumer Analytics Division as a subsidiary is aimed at making sure data play a central role in decision-making by the group companies Telecom The Massive "Call Drop" Problem in India, World's Second Largest Mobile Market The blemish in India’s much-lauded telecom revolution is a curious, widely recurring phenomenon called “call drops”. In a country that is the world’s second-largest mobile user market after China, fast-paced expansion coupled with inadequate infrastructure and overloaded networks is leading to many callers being cut off mid-sentence. A call drop, [...] Telecom Billionaire Ambani brothers extend telecoms partnership RCom Ltd, controlled by tycoon Anil Ambani, will partner with Reliance Industries Ltd's telecom subsidiary to launch 4G mobile phone services by year-end.   Telecom Telecom space going to get tough for incumbents: Ajay Tyagi, UTI Mutual Fund Ajay Tyagi, EVP and fund manager of UTI Mutual Fund, says the rate cut by RBI will spur discretionary spending and help capital formation in the very near future and that should augur well for earnings growth. Excerpts from an interview with ET Now.   Telecom 4G and its Impact on Video On-demand Players Author: Ravi Bhushan, Vice President, Spuul Global India, as per Cisco’s VNI report is poised to have ~650 million smartphones by … Finance Finance ministry seeks to end high-profile tax disputes with foreign firms like Cairn India, Royal Dutch Shell The government could send these cases to the Shah panel itself, as provided for in its original terms of reference. However, the Vodafone-Hutchison case will have to go through the due legal process. Finance Modi's push to help local PEs raise largest fund in 7 yrs According to McKinsey, India-located funds have already raised $3.9 billion so far this year Finance Paytm, Snapdeal not the only rivals with a common investor Alibaba’s investment in Paytm surprised investors and analysts as the Chinese e-commerce firm recently picked up a small stake in rival Snapdeal Finance PM Narendra Modi ahead of us but action on ground needed: Raghuram Rajan Rajan, who has often been seen as not toeing govt line on the monetary policy, acknowledged PM's initiative to market India as an investment destination. Food/FMCG Maggi controversy fallout: Govt may exclude stuff like dietary supplements, which will be subject to tighter regulations After the recent controversies, the central government proposes to change the definition of food to widen its scope and close loopholes. Food/FMCG Lack of diversification could hamper long term growth for Colgate's: Analysts Lack of diversification for Colgate-Palmolive (India) can hamper growth in the long term with 92% penetration of toothpaste in urban and 74% in rural India, according to an industry analyst report. Food/FMCG Apex consumer court to hear on fresh Maggi tests next week The apex consumer court on Wednesday said it will hear Nestle's arguments on fresh tests to be conducted on its popular Maggi noodles on October 8, and take up the larger class action suit filed against the Swiss giant by the end of next month. Food/FMCG Fuel, liquor, cigarettes to be costlier in Maharashtra to tackle drought - The surcharge on Value Added Tax (VAT) for gold and diamond jewellery will be 1.20%. Software Which other cities have the best chance of replicating Bengaluru's startup success? Just plain data would suggest that the entrepreneurial gap between Bengaluru and the National Capital Region (NCR) belt is narrow. Software How H1-B visas are causing big job losses in US and not really importing talent? Firms that received largest share of H-1B visas include TCS, Infosys, Cognizant, based in the US, and Accenture, based out of Ireland. Software Infosys joins hands with General Electric to build a new Internet of Things solutions space Bengaluru, Sep 30 : Infosys Ltd. on Wednesday said it has developed solutions for Internet of Things (IoT) to benefit from huge data generated by connected devices in the industrial enterprise. .. Software Top Indian IT firms form consortium to work on big-ticket projects in China : Looking to expand industry footprint This is the first time that Indian IT majors, who have struggled in the highly-regulated Chinese market, have joined hands for Chinese projects. Ecommerce Jabong reports net revenue of Rs 410.7 crore for the six months ended June 30, registering a modest 26.5% year on year growth; losses soar 46.8% Jabong has reported net revenue of Rs 410.7 crore for the six months ended June 30, registering a modest 26.5% year-onyear growth... Ecommerce IAMAI, Google, Paytm join hands to create app incubation centres; targets to train 500,000 engineering students in five years to build Android and iOS apps IAMAI, Google and Paytm targets to train 500,000 engineering students in five years to build Android and iOS apps Ecommerce Flipkart expects 10,000 new sellers to join its ecommerce platform this festive season through its recently launched 'Turbo Charge' programme . Ecommerce App-only Myntra missing chance to build near monopoly in online sales, especially as rival Jabong struggling with leaders exodus, revenue growth Since Myntra shut its desktop website and became a mobile app-only shopping platform on 15 May, the company has seen a drop in sales growth Franchise Franchisee Journey: From fitness instructor in college to kickboxing franchisee One would think raising three kids and acting as CMO for a tech startup would be enough of a challenge, but Riza Ayson wanted more. Franchise Retail chains sign up mobile wallets Tie-ups between retailers and mobile wallets offer consumers a convenient payment option, cash-back offers and additional discounts Franchise Why emerging franchisors and franchisees should focus on culture, develop a code of values and live by them Culture is important to business success. Read on to find out how important it is for emerging franchisors and incoming franchisees to have a distinct franchise culture in place from the start. Franchise Shree Renuka Sugars declares its Brazilian unit bankrupt Shree Renuka entered the Brazilian sugar sector in 2009, when it bought controlling stakes in the four mills from two local companies. HR IIT pre-placement: Salaries cross Rs 1 crore Several investment banking and financial services companies are making a comeback to IIT campuses after a gap of two years or so.   HR Soon, no interviews for low-rank govt jobs Moving ahead with PM Narendra Modi's I-Day promise, the department of personnel and training is identifying posts in the government where it can dispense with the requirement for an interview. HR Thousands Protest Indian PM Narendra Modi in U.S. over Human Rights Record Indian Prime Minister Narendra Modi addressed the U.N. General Assembly on Monday before leaving the United States after a seven-day trip that focused primarily on strengthening commercial ties between the U.S. and India. More than 100 academics in the U.S. wrote a letter protesting Modi’s visit to Silicon Valley, warning tech giants of the dangers of doing business with a government that has "demonstrated its disregard for human rights and civil liberties, as well as the autonomy of educational and cultural institutions." Before his election, Modi had been barred from the United States for many years over his role in anti-Muslim riots in 2002 that left more than 1,000 dead in Gujarat, where he was chief minister. He has never apologized for or explained his actions at the time. We speak with Trinity College professor Vijay Prashad, who signed the protest letter, and Ruth Manorama, a Dalit activist from India who won the Right Livelihood Award in 2006. HR Why Facebook and Google are in Digital India We should focus more on getting consultancy services and expertise from such tech companies. Logistics State finance ministers' panel visits Australia to study GST With a view to study the Goods and Services Tax (GST) system of Australia, a delegation of high powered committee of state finance ministers constituted by Government of India on Wednesday called on New South Wales premier Mike Baird in Sydney and held discussion on it. Logistics Carry extra fuel for return journey, Kathmandu tells foreign airlines; Airlines taking double fuel from Delhi and Mumbai now- Times of India Nepal has asked all foreign airlines operating to Kathmandu to carry fuel for the return journey from their countries as its Tribhuvan International Airport (TIA) will not be able to refuel the aircraft. Logistics 56-inch chest is no good without a backbone: AIMTC; sum of Rs 14,600 cr collected in annual tolls but truck waiting expenses far excees at Rs 86,000 cr Accusing the government of neglecting their issues, transporters across the country have decided to go on an indefinite strike from Thursday demanding removal of toll barriers across India. "A total sum of Rs 14,600 crore is collected annually as toll taxes; but according to a survey conducted by an independent agency, an estimated cost to the tune of Rs 86,000 crores is wasted over fuel and manpower while truck drivers and other vehicle owners wait at the toll plazas," complained Kulkaran Atwal, President Federation of Sanja Logistics Authorities gear up for indefinite transport bandh, Oct1st, today ,potesting against wastage on fuel and waiting at tolls Arrangements have been made to ensure no essential services are obstructed in view of the indefinite transport bandh from October 1. Construction Bandra-Kurla office space goes for Rs1,479 crore in largest deal ever Drugmaker Abbott India buys the 435,000 sq.ft space in Godrej BKC to house 1,500 employees in Mumbai Construction $2.4 billion invested by PE funds in 53 real estate deals this year The figure is higher than $2.1 billion in 80 deals invested in 2014, amid tepid sales, inventory pile-up in last two years Construction Housing.com to set up online platform for CREDAI The three year agreement is based on a mutual agenda, which in the coming months will be structured into a framework and follow on announcements will be made.. Construction In a new proposal Noida Authority Board to revise its building byelaws Rama Raman, Chairperson and CEO of Noida said that the proposal would only be implemented after building a consensus of the villagers... Marketing Medium raises $57M from Andreessen Horowitz, Google Ventures : others Collaborative publishing service Medium has raised $57 million in a Series B round of funding led by Andreessen Horowitz and with significant participation from existing investors Google Ventures and Greylock Partners, reports YourStory. Other investors to participate in the round included Obvio Marketing Airtel told to withdraw 'misleading' 4G ads : Report Telecom firm says it will take up the matter with the advertising council, confident of getting a favourable response Marketing Flipkart Goes App Only For ‘Big Billion Sale’ : Hike Messenger Starts Aggregating Hindi News Marketing Ola adds bus shuttle services in Gurgaon and Bangalore We missed this earlier. Online cab aggregator Ola added bus shuttle services to its platform starting last week, reports Techcrunch. The service is currently available only in Bangalore and Gurgaon, with Ola claiming to have 500 shuttles covering 100 routes in these cities. Note that we had repo Politics Beef ban extremism: Someone’s dinner is now part of a criminal investigation in UP Whether it happened before in 2006 or 2008 or 2015, someone has died because someone else did not like the food they ate. That is the reality that cannot be captured in the language of a law that bans the slaughter of a particular animal or puts limitations on it. Politics Destined to fail? Why Owaisi’s ‘secular Muslim’ agenda may not work in Bihar elections The debut of Asaduddin Owaisi-led All India Majlis-e-Ittehadul Muslimeen (AIMIM) in the upcoming Bihar assembly elections — on 24 seats of the Muslim-dominated Seemanchal region — has triggered an argument: that it would lead to a polarisation of votes on religious lines, which would ultimately benefit the Bhartiya Janata Party. Politics Charlie Hebdo moves into new high-security offices nine months after attack Nine months after the Charlie Hebdo terrorist attack in which some of France's most celebrated cartoonists were massacred, the satirical magazine began moving into new high-security offices in Paris. Politics 2006 Mumbai Serial Blasts Case: 5 Convicts Given Death Sentence Five out of 12 people convicted in the 2006 Mumbai serial train blasts have been given the death sentence today, while the seven others have been imprisoned for life. A special court in Mumbai announc Sports India vs South Africa: What’s at stake in the Mahatma Gandhi-Nelson Mandela series A series named after the two fierce propagators of peace and nonviolence gets underway in the town of the third: the Dalai Lama. Sports Asian Airgun Championship: Heena Sidhu bags gold medal, India end campaign with 17 medals India won an impressive haul of 17 medals, including six gold (two in individual senior), to finish as toppers in the continental event. Sports It is not only pace, South Africa have quality spinners too: Rohit Sharma Rohit Sharma said India are preparing both for spin and pace attack of South Africa. Sports Cristiano Ronaldo breaches 500-mark as Real Madrid, Manchester clubs win European giants were off to easy wins on Wednesday night as Cristiano Ronaldo toppled Raul. Entertainment Rohit Shetty gifts Shah Rukh Khan a new ride – Harley Davidson Rohit Shetty presented Shah Rukh Khan with a new ride - a shiny Harley Davidson motorbike. Entertainment Christopher Lloyd, James Tolkan to reunite for ‘Back to the Future’ screening Christopher Lloyd and James Tolkan will reunite for two special screenings of the 1985 classic action-comedy "Back to the Future". Entertainment Pharrell Williams launches book donation campaign Grammy winning singer Pharrell Williams has unveiled plans to donate up to 50,000 books to encourage young children to read. Entertainment Salman Khan opens up about fraud fans on Twitter In a candid chat with Indian Express.com, Salman Khan opened up about Twitter, its misuse by fraudsters and the remedy. 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