Monday, October 26, 2015

October 26, 2015 - Only 10% of startups will do very well, 25% will stay afloat, and the rest will fail: Mohandas Pai

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Imagine a kite attached to the tip of a windmill blade. Now, remove the windmill, increase the altitude and imagine the kite moving in large circles (due to the wind) and transmitting power through a rope (conductive wire) to a ground station. Stop imagining! This is the Google Makani Energy Kite system, which generates 50% more power than a windmill and uses 90% less material (no tower, no blades). Another one of Google's moonshots? Well, this one could see the light of day once they figure out clearances from the aviation authorities and safety aspects like how far from human inhabitation these kites need to be - Comment


Digital
Only 10% of startups will do very well, 25% will stay afloat, and the rest will fail: Mohandas Pai
Only 10% of startups will do  very well, 25% will stay afloat, and the rest will fail: Mohandas Pai - Times of India
Mohandas Pai believes that about 10 per cent of the startups will do very well, about 25 per cent will stay afloat, and the rest will fail.


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Digital
Amazon continues to invest ‘very heavily’ in India
Amazon continues to invest  ‘very heavily’ in India - Hindu Business Line
The online retail giant had announced an investment of USD 2 billion to expand its operations in India last year.


Digital

Digital
Yatra.com steps up focus on emerging homestay segment, to list 1,000 such properties
Online travel aggregator Yatra has stepped up focus on the fast emerging homestays seg


Digital
Online budget accommodation aggregator WudStay to soon raise $3 million in Series A round
Online budget accommodation aggregator WudStay is set to close a $3-5 million funding


Retail
Amazon to invest 'very heavily' in India as festival sales quadruple
Amazon to invest  'very heavily' in India as festival sales quadruple - Firstpost
Amazon is investing heavily into setting up warehouses across the country to speed up delivery and efficiency

Retail
China's Taobao villages show e-commerce can transform rural India
China's e-commerce giant, Alibaba, has pioneered rural e-commerce through its rural arm, Taobao, claiming this has created 280,000 rural jobs in 2014 ..

Retail
Government preparing law to let brick and mortar stores remain open throughout the night
Government preparing law to let  brick and mortar stores remain open throughout the night - Economic Times
Experts said the changes being proposed would give a big push to the retail sector, putting it on a stronger footing against the online challenge.

Retail
India's ecommerce market to breach $100 billion mark by FY20: Goldman Sachs
India's  ecommerce market to breach $100 billion mark by FY20: Goldman Sachs - Economic Times
The overall online market, including travel, payments and retail, in the country could reach $103 billion, the US investment bank said in a report.


Telecom
Indo-US meet: US media honchos call for speedy digitisation of India
Describing India as the "biggest market", America's media honchos have called for speedier digitisation of the Indian system, including early expansion of the 4G network, during a one-of-its kind meeting with the Prime Minister Narendra Modi

 


Telecom
Apple iPhone 6s Plus week-long review: Great smartphone, if you can afford it
Apple iPhone 6s  Plus week-long review: Great smartphone, if you can afford it - The Indian Express
This daily Apple iPhone 6s Plus review blog will chronicle my experiences with the phone during the first week.


Telecom
How Twitter eyeing online spending in India
How Twitter eyeing online  spending in India - ETTelecom.com
Global technology company Pitney Bowes’ second annual Global Online Shopping Study reveals, social media is playing a big role in channeling shoppin..


Telecom
Phone banking fraud hits thousands; tricksters deal Rs 12000-cr blow
Phone banking  fraud hits thousands; tricksters deal Rs 12000-cr blow - Hindustan Times
Welcome to the world of vishing, or voice phishing, a technique used to trick gullible customers to part with confidential personal banking details. Vishing uses voice calls to steal identities and financial information. Such “vishing attacks” are designed to secure financial information in a short span by instilling fear in individuals. These calls are difficult to trace because they primarily ride through the internet.



Finance
IPOs acid test for Indian MFIs
IPOs acid test for Indian MFIs -  Livemint
A reasonable profit from the ‘social business’ of microfinance is fine, but profiteering may not go down well with many, including the banking regulator


Finance
Bank employees to go on nationwide strike on December 2
Bank employees to go on  nationwide strike on December 2 - Economic Times
An All India bank strike is scheduled for December 2nd. A day prior to the strike acro


Finance
RBI rejects plan for 100% FDI in banks
RBI rejects plan for 100% FDI in  banks - Times of India
Sources said the RBI has not provided a clear reason to turn down the proposal from the department of industrial policy and promotion (DIPP) that deals with FDI policy.


Finance
DLF Plans to Monetise More Housing Projects Through Private Equity: Report
DLF Plans to  Monetise More Housing Projects Through Private Equity: Report - NDTV
After raising Rs 2,000 crore by selling stakes in two projects, India's largest realtor DLF is planning to monetise some more housing projects through private equity as property sales continue to remain subdued.




Software
Handset maker Lava to invest Rs 2,165 crore in Noida, Tirupati for establishing manufacturing plants
Handset maker Lava to invest Rs  2,165 crore in Noida, Tirupati for establishing manufacturing plants - Economic Times
The majority of the investment will go into a 100-acre plant along the Noida expressway which will also house a hardware research and development centre.


Software
Toshiba to sell sensor business to Sony for around $165 million, says sources
Toshiba to sell  sensor business to Sony for around $165 million, says sources
Toshiba, whose businesses range from laptops to nuclear power, is undergoing a restructuring after revelations this year that it overstated earnings by $1.3 billion going back to fiscal 2008/09.


Software
Alphabet, Microsoft, Amazon give Wall Street reason to cheer
Alphabet, Microsoft, Amazon give  Wall Street reason to cheer
Google parent Alphabet, Microsoft and Amazon.com made headway in the latest quarter in the areas that will be their main engines of growth for years to come


Software
Messaging app Hike plans to take on rivals : Hires senior executives from Amazon, Unilever
Messaging app Hike plans to take  on rivals : Hires senior executives from Amazon, Unilever - Economic Times
Hike has hired senior executives from Amazon and Unilever as it prepares to take on rivals in the fast growing communications app space.



Ecommerce
Mobikwik expects monthly GMV to touch Rs 700-800 crore over the next 12 months with half of it coming from offline channels
The company, which has 10,000 offline merchants as partners, is also looking at aggressively expanding the base to a lakh in the same period. Facebook Twitter Linkedin Email

Ecommerce
Rise of used goods markets: Why e-commerce companies like OLX, eBay are chasing second-hand goods
Rise of used goods markets: Why  e-commerce companies like OLX, eBay are chasing second-hand goods - Economic Times
As the tide of previously-owned goods hitting the market grows, more and more ecommerce platforms are offering such goods alongside new products. Facebook Twitter Linkedin Email

Ecommerce
Myntra aims to clock a gross merchandise value (GMV) of $5 billion, 10 times its current run rate of $500 million, by 2018-20
Myntra aims to clock a gross  merchandise value (GMV) of $5 billion, 10 times its current run rate of $500 million, by 2018-20 - Financial Express
If all goes well with Myntra, the company is tipped to become profitable at operating level in the next 18 months Facebook Twitter Linkedin Email

Ecommerce
Paytm tying up with banks to help customers top-up mobile wallet using ATMs
Paytm tying up  with banks to help customers top-up mobile wallet using ATMs - Economic Times
"Customers of the Bank of Maharashtra can use their debit card to top up their Paytm wallet by walking into more than 1,800 ATMs across the country." Facebook Twitter Linkedin Email


Franchise
Franchisee Journey: From hydraulic hose repairing with the US Air Force to hydraulic hose franchisee with PIRTEK
Franchisee Journey: From  hydraulic hose repairing with the US Air Force to hydraulic hose franchisee with PIRTEK - Entrepreneur
Bill Lesswing worked as a PIRTEK employee for over a decade, and now he's transitioning to a franchisee as he opens the company's first Tennessee location.


Franchise
Field Support: The keystone to success in any franchise
Field Support: The keystone to  success in any franchise - Franchise Business
Field support is the keystone because for every dollar of sales that a franchisee misses, the franchisee loses margin and profit.


Franchise
Are aware of your rights and limitations in case of a dispute with your franchisor?
Even in the best of relationships between franchisors and franchisees, disputes will occur from time to time. But going to your attorney every time you have a dispute is the wrong way to solve problems.



HR
Right to fight: Women fighter pilots get set to fly through the glass ceiling
Right to fight:  Women fighter pilots get set to fly through the glass ceiling - Economic Times (blog)
In a much awaited announcement, the defence ministry has said that the first women fighter pilots will be selected from the batch currently undergoing training at the Air Force Academy. The selected pilots will enter...


HR
Capgemini's Aruna Jayanthi gets global role, Srinivas Kandula is India head
Capgemini's  Aruna Jayanthi gets global role, Srinivas Kandula is India head - Economic Times
Aruna Jayanthi, CEO of Capgemini India, has been elevated as the global BPO head of the 11-billion euro French IT company.


HR
Income from letting out to be treated as business income
Income from letting out to be  treated as business income - Khaleej Times
When the income is taxable under section 22, the tax payer would be entitled to claim as a deduction all the municipal taxes paid in respect of such pro...


HR
L-1B visa rejections on the rise, says US law firm
L-1B visa rejections on the  rise, says US law firm - The Hindu
Employment-based immigration law firm Fakhoury Law Group, PC of the U.S., which provides global immigration services to large Indian corporates for placing their personnel abroad more specifically in the U.S., said it



Logistics
The Airports (and Airlines) with the Best Lounges

Relaxing in an airport lounge is like finding an oasis in a desert of uncomfortable security, unappetizing food options, and stressful, well, everything. Any

 


Logistics
These are the 10 safest airlines in the world
These are the 10 safest airlines  in the world - Businessinsider India
Flickr/Aero IcarusWith 21 fatal accidents and 986 fatalities, 2014 was one of deadliest years in aviation history.That said, flying is still one of the safest


Logistics
Soaring IndiGo seeks investors in battle for India's skies

MUMBAI -- Hopes are growing that the planned stock market debut by India's top passenger airline operator will accelerate much-needed consolidation in

 


Logistics
Ultra-long flights make a comeback
Ultra-long flights make a  comeback - Times of India
Ultra-long, non-stop flights are set to rule the skies again. Over the past few weeks, major airlines have announced dizzyingly long flights that will go halfway round the earth without kissing it midway.



Construction
Sunteck Realty to shell out Rs 1,000 crore to acquire stressed projects
Sunteck Realty  to shell out Rs 1,000 crore to acquire stressed projects - Economic Times
Sunteck Realty plans to invest Rs 1,000 crore for acquiring distressed assets and entering joint development agreements to increase its portfolio.


Construction
DLF plans to monetise some more housing projects through private equity
DLF plans to  monetise some more housing projects through private equity - Economic Times
India's largest realtor DLF is planning to monetise some more housing projects through private equity as property sales continue to remain subdued.


Construction
Private equity's thirst for startups Continues despite realty drought
Private  equity's thirst for startups Continues despite realty drought - Economic Times
According to data from Venture Intelligence, Housing.com raised $113 million in 2014. This was followed by $37 million in Proptiger Realty, $40 million in CommonFloor and $10 million in Grabhouse by a clutch of investors.


Construction
Haryana policy gives big housing a push
Haryana policy gives big housing  a push - Economic Times
The NILP will cover Gurgaon and Manesar, Faridabad, Ballabgarh, Sohna, Sonipat, Kundli and Panchkula.



Marketing
Branded content and ad agencies: room for everyone
The launch of ‘Vigyapanti’ by AIB renewed the debate in trade press about the rise of such enterprises which focus on branded content – mainly online videos focused on entertainment with a ‘role’ for the sponsoring brand.

 


Marketing
'Ad agencies need holistic thinking on digital platforms' : Report
'Ad agencies  need holistic thinking on digital platforms' : Report - Hindu Business Line
It’s the inaugural session of the MMA All-India Management Students Convention and FCB Ulka Advertising’s Advisor, MG ‘Ambi’ Parameswaran, is doing what he’s best at: mesmerising the students with slick, well-made


Marketing
Amidst festive season sale, Amazon continues to invest 'very heavily' in India : Report
Amidst festive season sale,  Amazon continues to invest 'very heavily' in India : Report - Daily News Analysis
Amidst festive season sale, Amazon continues to invest 'very heavily' in India - "We are in the middle of the Diwali season that is going really well. Sales are 4x what they were last year."


Marketing
Stalled in mid stride ; Digital India can transform the country : but not the way it is being implemented now
Among the flurry of initiatives announced in the wake of the new government taking over in May 2014, the Digital India initiative stood out – for its potential to transform governance, citizenship and entrepreneurship in...

 



Politics
'My Brand Of Hinduism Was Not Filled With This Violence': Former Navy Chief Writes Letter To President Mukherjee, PM Modi
'My Brand Of Hinduism Was Not Filled With This  Violence': Former Navy Chief Writes Letter To President Mukherjee, PM Modi
Upset and angry with the attacks on minorities and Dalits under the rule of the current government, former Navy chief Admiral Laxminarayan Ramdas has written an open letter to President Pranab Mukherj


Politics
Sahitya Akademi Finally Breaks Its Silence, Condemns Murder Of Writers
Sahitya Akademi Finally Breaks Its Silence, Condemns Murder Of  Writers
Nearly two months after the murder of scholar Malleshappa M Kalburgi, the Sahitya Akademi, an institution committed to promoting Indian literature, on Friday finally broke its silence over the attacks


Politics
From 'Dog' Remark To Cheerleading Trolls: The Embarrassing Shenanigans Of V.K. Singh
From 'Dog' Remark To Cheerleading Trolls: The Embarrassing  Shenanigans Of V.K. Singh
NEW DELHI -- Union Minister V.K. Singh's latest "dog" remark was so vile that most people, irrespective of their political convictions and party loyalties, were appalled. While Jitender,


Politics
Mann ki Baat: Unfortunate that PM Modi did not speak about Dalit killings, says Congress
Mann ki Baat: Unfortunate that PM Modi did not speak  about Dalit killings, says Congress
The Congress on Sunday hit out at Prime Minister Narendra Modi for remaining silent on the killing of Dalits in Haryana but talking at length about his proposed visit to Britain.



Sports
India vs South Africa: Proteas push limited-overs’ limits
India vs South Africa: Proteas push limited-overs’ limits
Faf du Plessis plays through pain, AB de Villiers bats on a different plane, as South Africa post a record ODI total in India (438); India all out for 224.


Sports
ISL: Mumbai City FC beat table-toppers FC Goa
ISL: Mumbai City FC beat table-toppers FC Goa
Mumbai move up to sixth spot in the eight-team league table with seven points from five matches.


Sports
Gautam Gambhir made unsavoury remarks about Sourav Ganguly: Manoj Tiwary
Gautam Gambhir made unsavoury remarks about Sourav Ganguly:  Manoj Tiwary
Manoj Tiwary said sledging is fine but he won’t listen anything against his community.


Sports
Lewis Hamilton to start second as Nico Rosberg claims pole in US Grand Prix
Lewis Hamilton to start second as Nico Rosberg claims pole  in US Grand Prix
Nico Rosberg grabbed pole in a rain-shortened qualifying session while Mercedes team-mate Lewis Hamilton will start second.



Entertainment
‘Angry Indian Goddesses’ gets standing ovation at Rome film fest
‘Angry Indian Goddesses’ gets standing  ovation at Rome film fest
Pan Nalin’s film "Angry Indian Goddesses" (AIG) received an eight-minute long standing ovation by the critics and reviewers at the Rome Film Festival.


Entertainment
No one turned Ram after watching ‘Ramayan’: Randeep Hooda
No one turned Ram after watching  ‘Ramayan’: Randeep Hooda
Randeep Hooda said: "No one turned Ram after watching 'Ramayan', and nobody turned Gandhi after watching 'Munnabhai M.B.B.S.'. So how come any one will turn into Charles after watching the film?"


Entertainment
George Clooney in talks to direct ‘Suburbicon’
George Clooney in talks to direct  ‘Suburbicon’
George Clooney is in early talks to direct crime noir drama "Suburbicon".


Entertainment
Johnny Depp in talks for Neil Gaiman’s ‘Fortunately, the Milk’
Johnny Depp in talks for Neil Gaiman’s  ‘Fortunately, the Milk’
Johnny Depp is in early talks to star in feature film adaptation of writer Neil Gaiman's time-travel tale "Fortunately, the Milk".




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