Thursday, November 12, 2015

November 12, 2015 - Paytm, Flipkart, Snapdeal, Zivame among 15 top-funded ecommerce startups in India in 2015

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Here's an experiment worth thinking about. What happens if someone gets a monthly amount without rules and controls? Will they sit passively at home or do people develop themselves and provide a meaningful contribution to our society? The Dutch city of Utrecht is conducting this experiment. Through JAM (Jan dhan - Aadhar - Mobile), the Indian government intends to implement direct transfers of subsidies to the poor, our own version of 'basic income'. Will it work? - Comment


Digital
Paytm, Flipkart, Snapdeal, Zivame among 15 top-funded ecommerce startups in India in 2015
Paytm, Flipkart, Snapdeal,  Zivame among 15 top-funded ecommerce startups in India in 2015 - Tech in Asia
SoftBank founder Masayoshi Son says he expects Indian ecommerce to grow into $0.5 trillion business within 10 years.


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Digital
Licensed product customization platform Gingercrush grabs funding from Mohandas Pai
Licensed product  customization platform Gingercrush grabs funding from Mohandas Pai - Economic Times
Gingercrush, which runs a licensed product-customisation platform, has raised funding from former Infosys board member TV Mohandas Pai.


Digital
E-commerce platform for Indian food brands Delight Foods raises Rs 4 crore
E-commerce  platform for Indian food brands Delight Foods raises Rs 4 crore - ETRetail
Delight Foods recently started servicing the NCR region and will now launch in Mumbai, Hyderabad and Chennai over the next couple of weeks.


Digital
Infosys named as one of the most relevant service providers for digital strategy: Report
Infosys named as one of the most  relevant service providers for digital strategy: Report - Economic Times
Infosys has been named as one of the most relevant service providers for digital strategy in a report by global management consulting firm Everest group.


Digital
Digital wallets' business goes up, thanks to festive season
Digital wallets' business  goes up, thanks to festive season - Times of India
The shift towards digital payments in card parties is significant because cash ruled the roost on such occasions.


Retail
The logistics of a store remodel
The logistics of a store remodel  - Chain Store Age
Store remodels can yield big results, according to Atlas Logistics, with a 7% to 10% increase in sales to existing customers.

Retail
Retail push: Govt takes baby steps towards FDI in e-commerce
Retail push: Govt takes baby  steps towards FDI in e-commerce - Times of India
The government on Tuesday allowed single-brand retailers such as Marks & Spencer and Adidas to directly enter the online retail segment, while also creating a platform for "Indian manufacturers" such as Fabindia and Hidesign to boost their e-commerce business- moves that were seen as limited opening of business-to-consumer (B2C) e-commerce for overseas investors.

Retail
Cheer for cos like Apple, Rolex as government eases local procurement guidelines
Cheer for cos  like Apple, Rolex as government eases local procurement guidelines - Economic Times
In a major leg-up for global brands such as Apple and Rolex, India has relaxed a mandatory local procurement condition for high-tech companies.

Retail
Jack Ma on why Alibaba's nothing like Amazon: 'We believe every company can be an Amazon
Jack Ma on why Alibaba's  nothing like Amazon: 'We believe every company can be an Amazon - Business Insider
Alibaba chairman Jack Ma recently argued that China's Alibaba is a different kind of business than e-commerce giant Amazon.


Telecom
India telcos warn dropped call fines will cost €7.6bn a year
India telcos warn dropped call  fines will cost €7.6bn a year - Total Telecom
At the same time, problems like removal of towers from certain areas by authorities should be adequately addressed, Trai added.


Telecom

Telecom
Flipkart's U-turn on app strategy? Relaunches mobile website
Flipkart's U-turn on app  strategy? Relaunches mobile website - Times of India
The e-commerce startup launches a mobile site that's a mobile app in disguise.


Telecom
US judge rules against NSA in phone spying case
US judge rules against NSA in  phone spying case - Times of India
A US federal judge for the first time ordered the National Security Agency to cease collecting the phone call records of a lawyer and his firm.



Finance
Why investors are betting big on mortgage lending business
Why investors are betting big on  mortgage lending business - Economic Times
Mortgage lending is turning out to be a solid bet for investors thanks to government schemes like 'Housing for All' by 2022.


Finance
The worst may not be over for Bank of Baroda
The worst may not be over for  Bank of Baroda - Livemint
The bank has a substantial exposure to metals, and iron and steel sector, which is hit by commodity down cycle and slowdown in China


Finance
India, China taking advantage of US: Donald Trump
India, China taking advantage of  US: Donald Trump - Economic Times
Terming China as "number-one abuser", leading Republican presidential candidate Donald Trump has alleged that the Communist nation, along with India, is taking advantage of the US through its economic policies.


Finance
How India's new securities market regulator found its feet
How India's new securities  market regulator found its feet - The Indian Express
By April 1992, Sebi had become the statutory regulator, but a kind of vacuum existed for the next few months.




Software
India's top technology companies slash prices due to demand slowdown : Triggers price war
India's top technology  companies slash prices due to demand slowdown : Triggers price war - Economic Times
Top executives have acknowledged that the deep price cuts being offered to select customers such as GE and Citigroup are cause for concern.


Software
Flipkart backs down from app-only strategy : Introduces mobile website ‘Flipkart Lite’
Flipkart backs down from  app-only strategy : Introduces mobile website ‘Flipkart Lite’
We’ve heard about Flipkart and Myntra’s move to go app only for a long time now. Over the past year, the thought behind an app only strategy has been weighed both from a business as well as consumer’s point of view.


Software
What’s driving online shopping in India?
What’s driving online  shopping in India?
Apart from expecting attractive discounts, consumers who are frequent internet users cite convenience as a reason to shop online, according to a report.



Ecommerce
Back on mobile browser: Flipkart takes two steps back to take one step forward
Flipkart, which had killed its mobile website in favour of a standalone application, has re-launched a mobile version of its website.

Ecommerce
Festive season proves a mixed bag for retailers
Festive season proves a mixed  bag for retailers - Business Standard
While malls are expecting double-digit growth with sales on the rise, some retail hotspots such as Delhi's Khan Market are seeing declines

Ecommerce
'Indian E-commerce Market to Touch $200 Billion GMV by 2025'
NEW DELHI: India's e-commerce market is predicted to witness vital uptrend within the coming years and contact $ 200 billion when it comes to gross merchan


Franchise
How not to be overwhelmed with your responsibilities when starting out as a franchisee
- Franchise Info
MUMBAI: Coimbatore-headquartered Suguna Foods is eyeing to become a Rs 10,000 crore company by 2017, on the back of huge expansion in all its verticals, including feed mill, retail and ready-to-cook business, a top company executive said today.

     


Franchise
Why global luxury brands do not realise Bengaluru's potential
Why global luxury brands do not  realise Bengaluru's potential - ETRetail.com
"Bengaluru has the highest propensity to spend,” said Sundaresan, founder and chief executive of Bengaluru-based luxury marketing company vMobo.


Franchise
Franchisee Journey: From a dinner at Johnny Rockets to franchisee with two locations and plans to open up to six more
- Entrepreneur
MUMBAI: Coimbatore-headquartered Suguna Foods is eyeing to become a Rs 10,000 crore company by 2017, on the back of huge expansion in all its verticals, including feed mill, retail and ready-to-cook business, a top company executive said today.

     


Franchise
Why is Delhi buying everything online, but not jewellery?
Why is Delhi buying everything  online, but not jewellery? - ETRetail.com
Online shopping might have hit retail shops hard, and the pinch is especially felt during the festive season.



HR
Make in India: After GE, Alstom bags FDI contract with Indian Railways in Bihar
Make in India:  After GE, Alstom bags FDI contract with Indian Railways in Bihar - Daily News Analysis
Make in India: After GE, Alstom bags FDI contract with Indian Railways in Bihar - The mega projects approved since 2007 by the then Railway Minister Lalu Prasad, got mired in controversies, years of red tape and indecision by successive ministers, finally saw the light of the day during Suresh Prabhu regime.


HR
How myREF app turns employees into talent scouts
“I’ve recommended you for a job in my company XYZ, to apply click on this particular link.”


HR
How Corporate Responsibility Affects Recruiting And Retention
How Corporate Responsibility  Affects Recruiting And Retention - Fast Company
Companies that champion social initiatives also improve their employer brand, and ultimately their ability to recruit employees.


HR
A chance to work with State Bank of India
A chance to work with State Bank  of India - India Today
The State Bank of India (SBI) has invited applications from candidates for filling up the various posts.



Logistics
Truck goes up in flames next to Air India flight at Chennai airport airstrip, aircraft near fire not towed away to safety
Delay in dousing a fire in a truck at the international terminal in Chennai airport on Tuesday early morning sent shockwaves among 130 passengers who were onboard an Air India Express flight bound for Trichy.


Logistics
Prolonged Delay Hindering Chennai Airport Development Plan: AAI
CHENNAI: Airport Authority of India today said the development plan of the Chennai airport including setting up of multi-level car parking and a secondary runwa...


Logistics

Logistics
New port on India's east coast gives shippers another option, two more operators Bothra Shipping Services and Kakinada Infra start service
Kakinada Container Terminal, a joint venture between Singapore’s PSA International and two local groups, Kakinada Infrastructure Holdings and Bothra Shipping Services, last week began operations, offering India east coast shippers another port option.



Construction
FDI restrictions removed in Realty as the sector is set for big revival
FDI restrictions  removed in Realty as the sector is set for big revival - ET Realty
The government on Tuesday removed all restriction on foreign direct investments into the real estate and construction sector


Construction
Home sales in 8 metros rise 17% in September quarter
Home sales in 8 metros rise 17%  in September quarter - ET Realty
In a recent report, Liases Foras said an aggregate 67.9 million sq ft of home space was sold across the eight cities compared with 57.8 million sq ft ..


Construction

Construction
'Construction equipment industry to grow 6-fold to $20 bn'
'Construction equipment  industry to grow 6-fold to $20 bn' - Economic Times
The domestic construction equipment industry has the potential to grow over six-fold to $20 billion by 2022 and is poised to play a larger role in 'Make In India' drive.



Marketing
Maggi’s Comeback Campaign Is A Good Guide To Storytelling In The Digital Age : Report
Maggi’s Comeback Campaign  Is A Good Guide To Storytelling In The Digital Age : Report - Lighthouse insights
This year has been a nightmare for one of the country’s most popular brand of noodles from Nestle. The horror began when Maggi was banned on June 5 and asked to withdraw all its variants following a


Marketing
Flipkart relaunches mobile website : Report
Flipkart relaunches mobile  website :  Report - Medianama
Flipkart has resumed selling goods over its mobile website, less than a year after having stopped doing so. At the time, Flipkart owned Myntra had also shut down its mobile website, which continues to remain app only. This development was first spotted by ET. Interestingly, when going app onl


Marketing
Govt eases FDI norms in broadcasting : single brand retail and 13 other sectors
Govt eases FDI  norms in broadcasting : single brand retail and 13 other sectors - Medianama
The ministry of commerce has opened up foreign direct investment (FDI) in 15 sectors which includes broadcasting sector, single brand retail, banking in the private sector. The proposed reforms also enhance the limit of Foreign Investment Promotion Board (FIPB) from current Rupees Three thous


Marketing


Politics
Subverting A Popular Movement: How The Sarbat Khalsa Was Hijacked By Radical Sikh Bodies
Subverting  A Popular Movement: How The Sarbat Khalsa Was Hijacked By Radical Sikh Bodies
Despite the Punjab governments efforts to discourage people from assembling for the Sarbat Khalsa, a plenary meeting of the Khalsa—the collective body of the Sikhs—held on 10 November 2015 near Tarn Taran, Amritsar, the crowds were overwhelming. Although the police had been stopping private vehicles and buses, attendees had walked and reached the site the…


Politics
Columnist Hasan Suroor Arrested In The UK Following Sting By Anti-Paedophile Group
Columnist Hasan Suroor Arrested In The UK Following Sting By  Anti-Paedophile Group
Columnist Hasan Suroor, a British journalist of Indian origin, has been arrested following a video sting operation by an anti-paedophile group. “A 65-year-old man has been charged with meeti


Politics
BJP’s ‘Bahari’ conundrum: Party lost in most places in Bihar where Modi addressed rallies
BJP’s ‘Bahari’ conundrum: Party  lost in most places in Bihar where Modi addressed rallies
BJP candidates were defeated in most of the assembly seats in Bihar where Prime Minister Narendra Modi addressed election rallies.


Politics
Sunanda Pushkar Wasn't Killed By Radioactive Substances: FBI
Sunanda Pushkar Wasn't Killed By Radioactive Substances:  FBI
The Federal Bureau of Investigation has ruled out the death of Sunanda Pushkar, deceased wife of MP Shashi Tharoor, by polonium or other radioactive substances according to the Times of India. Suna



Sports
FIFA World Cup Qualifiers: India have revenge on their minds
FIFA World Cup Qualifiers: India have revenge on  their minds
Still looking for their first win in the World Cup qualifiers, India take on Guam who shocked them 2-1 in the first leg in June.


Sports
ISL 2015: Arata Izumi brace helps Atletico de Kolkata overcome Kerala Blasters
ISL 2015: Arata Izumi brace helps Atletico de Kolkata  overcome Kerala Blasters
Struggling at the bottom of the table, the defeat has not only broken the hearts of the Kerala Blasters fans.


Sports
Murali Vijay lone bright spot for India in latest ICC Test rankings
Murali Vijay lone bright spot for India in latest ICC Test  rankings
India's position in the team chart has improved to four, while South Africa remained the top Test side of the world.


Sports
Ranking the 25 greatest sports movies of all-time: For The Win
Ranking the 25 greatest sports movies of all-time: For  The Win
With the seventh Rocky movie, Creed, coming out later this month and My All American, an inspirational sports film about a former Texas football player, hitting theaters Friday, we at FTW decided t...



Entertainment
Meet the Serbian artists who love stealing Bollywood songs
Meet the Serbian artists who love  stealing Bollywood songs
Really, Serbia? Is it that hard to come up with original songs?


Entertainment
Shah Rukh Khan is magical in ‘Dilwale’: Johnny Lever
Shah Rukh Khan is magical in ‘Dilwale’: Johnny  Lever
Johnny Lever feels superstar Shah Rukh Khan is magical in their upcoming romantic-comedy "Dilwale".


Entertainment
Varun, Kriti not scared of being overshadowed by SRK, Kajol
Varun, Kriti not scared of being overshadowed by SRK, Kajol
Varun Dhawan and Kriti Sanon say that they are not scared of being overshadowed by Shah Rukh Khan and Kajol in Rohit Shetty directorial “Dilwale”.


Entertainment
Deterred from taking drugs by Elton John: Ed Sheeran
Deterred from taking drugs by Elton John: Ed Sheeran
Ed Sheeran was put off taking drugs by Elton John after the legendary musician told him about his own low points as a cocaine addict.




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