November 16, 2015 - Freecharge aims to be operating system of digital payments in India

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Blog Sree Vijaykumar From the Editor's Desk The long view of the Ecommerce revolution inspires optimism, as the combination of the profit motive, the mobile phone and cheaper access to information can bring millions of Indians into the 21st century. While consumerism could be the entry point, can this reach and market power also get basic education and financial services to the millions of poor across India? Can Flipkart, Amazon and Snapdeal catalyze the government's efforts with Skill India, Digital India and Jan Dhan? Worth thinking about? - Comment Digital Freecharge aims to be operating system of digital payments in India The digital wallet site tied up with IPL to further its brand 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 Next-day delivery emerging as a winning strategy: Products under ‘NDD’ category accounting for 30% of sales of Askmebazaar.com NDD format accounts for 30% sales Digital Cashback site CashKaro to raise $5-10 million in Series A funding led by Kalaari Capital CashKaro, cash discount site is all set to raise around $5-$10 million in Series A fro Digital Virtual reality startup Absentia gets Rs 1.2 crore in seed funding from a clutch of investors including Astarc Ventures, 50K Ventures Absentia has secured Rs 1.2 crore in seed funding from a clutch of investors including Astarc Ventures and 50K Ventures. Digital Infosys' changing business model: The software giant helping top clients set up captive tech centres at low-cost locations such as India Sources said that Infosys has helped Visa set up a technology centre and held talks with Daimler AG on building a technology facility. Retail This week we'll know whether Amazon can start making drone deliveries If Amazon is going to deliver your DVDs, diapers, Oreos and tablets by drone in the near future, the US government is going to need to see it first. Currently, the Federal Aviation Administration (FAA) requires commercial drone operators to keep their drones within the line of sight of the pilot, limiting what can be... Retail Shoppers Stop launches reality-based dressing room in Mumbai Try on apparels with the swipe of a finger... Retail Five bookstores you'll find only in Bangalore Selling both new and second-hand books, all of them are located in and around the neighbourhood of Church Street. Retail E-commerce companies trying to correct lack of goods of female interest Indias e-commerce industry is frenetically trying to right a gender imbalance as lady customer frequent websites and find little of interest on their websites. Telecom Canada-based Datawind may invest Rs 200 crore in two 4G device units in India Datawind is also teaming up with Reliance Communications to launch the worlds most affordable smartphone — priced at Rs 999 — by the end of this year. Telecom Falling 4G device prices to trigger consumer demand for 4G services: Amit ... Migration and modernisation of equipment to higher technologies will happen, which will have a direct or indirect positive impact on us. Telecom Intex Aqua Super 4G with 3GB RAM launched in India, priced at Rs. 10390 Intex has launched a new mid range smartphone under Aqua series called Intex Aqua Super. The smartphone with 4G is launched in India at Rs. 10,390. Telecom Vodafone to invest Rs 13000 crore, retells commitment to support Digital India ... Vodafone committed to invest Rs. 13,000 crore (£1.3 billion) for new business initiatives and capacity amplification. Finance Modi government goes high on reforms; new bankruptcy law, subsidy rules on anvil DIPP has proposed to marry industrial codes with the FDI policy, bringing about significant clarity in the overall foreign investment framework. Finance Bad loans of Indian banks: is the worst over? About Rs4.3 trillion worth of bank loans are likely to be converted into bonds. This will be a relief for the banks, but they would need to work hard to recover and monitor bad loans Finance Online consumer lending startups take on banks & NBFCs, but how safe is this business model? Investors feel that the vacuum left by traditional banks in terms of not meeting the financial needs of consumers satisfactorily has led to the proliferation. Finance Banking & securities firms to spend about Rs 50,000 crore on IT This forecast includes spending by financial institutions on internal IT (largely personnel), hardware, software, external IT services and telecommunications. Software Infosys departs from its traditional strategy and helps clients set up captive tech centres at low-cost locations Sources said that Infosys has helped Visa set up a technology centre and held talks with Daimler AG on building a technology facility. Software How startup founders are turning out to be the new Indian idols? Vijay Shekhar Sharma, founder of e-commerce marketplace Paytm, talks about why youth are able to connect with new-age entrepreneurs. Software Online grocery startup Indian Grahak buys Jamshedpur-based startup Dyscover Online grocery startup Indian Grahak has acquired Dyscover. Software Pune-based Sumo Digital takes Indian outsourcing to the next level The journey from London to Pune in India is an interesting one. It is easier to take the nine-hour flight to Mumbai and then get a taxi for the 95-mile journey rather than wait for a connecting flight.  Unlike many of the so-called roads in India, the Mumbai Pune Expressway toll road [...] Ecommerce In order to tackle attrition, Flipkart sells marginal stake in employee trust fund Such a move gives employees holding stock options an avenue to monetise them, something they normally wouldnt be able to do in absence of a listing. Ecommerce Government to come out with definition of ecommerce: Nirmala Sitharaman The government is working on the definition of 'e-commerce' to clear the air over key issues such as taxation and foreign investment in the burgeoning sector. Ecommerce Ola money to compete with Paytm, Freecharge Taxi-hailing service provider Ola has launched a dedicated mobile payments app, Ola Money, putting it in direct competition with Paytm and Freecharge,.. Ecommerce How ladies are fuelling the e-commerce boom in India India’s e-commerce industry is frenetically trying to right a gender imbalance as lady customer frequent websites and find little of interest on the.. Franchise Franchisee Journey: From helping friends sell items on eBay to opening her own iSOLD It store Amy VanderMolen loved selling on eBay. So she made her hobby her business. Franchise Bringing the local store closer Zopper's first mass market campaign aims to represent the brand as one that embodies the trust of the local retailer and the convenience of online Franchise Franchisor Zone: Should you use profiling to figure out if a candidate would be a good match for your franchise system? Finding the right franchisees is key to franchisors being successful. Several use psychometric assessments to create profiles of franchisee candidates to determine compatibility.   HR Gunit Chadha is CEO-Asia at Deutsche Bank The management rejig at Deutsche Bank has resulted in Gunit Chadha being elevated to CEO-Asia from co-CEO earlier. HR IRDA speeds up Lloyd's entry into India market The eligibility norms for Lloyd’s set by IRDA include net funds of `5,000 cr and infusion of a minimum Rs 100 cr into Lloyd’s India HR Motivation to help others improves team performance  Greater the motivation to help others, “the higher the levels of cooperation and viability and the higher the subsequent team performance, says a study. HR Coaching centres flooding with job aspirants Expectations among the unemployed youth rose once again with the State government’s decision to fill 9,000 vacant posts in police department and also to conduct Teacher Eligibility Test (TET) for DSC candidates in January next year. Logistics India: Container throughput for major ports increases marginally by 1.92% Container throughput for major ports increases marginally by 1.92 per cent from April till October given the steepest year-over-year monthly fall in exports Logistics India, Bangladesh sign SOP to operationalise coastal shipping pact Agreement would enhance bilateral trade and promote coastal shipping between the two neighbours in the Sub-Continent Logistics The end of the line for India's iconic railway buffet car India’s much-loved pantry car, introduced by the British almost a century ago, is being phased out by Indian Railways and replaced with ‘e-catering’ and takeaways Logistics Indian Railways hikes AC class ticket fares by over 4 pct from this week Indian Railways fares for travel in the upper class categories will go up from tomorrow as a service tax levy of 14 per cent and a Swachh Bharat cess of 0.5 per cent become effective. Construction Synergy stake sold by Blackstone realty Blackstone, which was also on the board of Synergy, had invested Rs 56 crore in the company for a minority stake in 2008. Construction Government should ensure affordable housing in smart cities: Report from Dun & Bradstreet- Economic Times The success of the Modi govt's 'smart cities' project will depend on better planning and provision of basic requirements in these cities, the report by Dun & Bradstreet has said. Construction 1,100 acres for affordable housing marked by MHADA The land parcels are in Thane, Raigad and newly formed district Palghar, which includes Vasai & Virar. Mumbai Metropolitan Region includes cities of Mumbai, Thane & NaviMumbai. Construction Noida: Smart city conclave to be held in December The convention will be organised by Lucknow Management Association on the topic Developing Smart Cities: Imperatives and Challenges Marketing Mog’s Christmas Calamity, #MadeOfGreat and more: creative ideas of the week Between bookmarked sites, Twitter and RSS feeds which showcase advertising, I come across many new creative ideas every week. As with advertising in real life, only a handful are memorable. Here are my picks for the week: Mog’s Christmas Calamity, #MadeOfGreat   Marketing The Top 5 Marketing Trends That Will Rule 2016 Marketing is continually changing and evolving. And it’s that time of year when marketers are shaping up their strategies for 2016. This year we dealt with Big Data, understanding that it’s the Age of the Empowered Consumer, and embraced the idea of cross-channel marketing. While these will continue to be big themes, marketers want to know what next year will bring. Marketing G20 Summit: Barack Obama hails India's economic growth, renewable focus G20 Summit: Barack Obama hails India's economic growth, renewable focus - Making an intervention during a G20 Leaders Summit session, Obama said the Modi government's ambitious plans for scaling up the use of renewable energy combines a concern for environment and creates opportunity for furthering global growth through fresh investment in renewable energy. Politics BJP downplays Dalai Lama’s remark on Bihar results, JD(U) calls it ‘befitting reply’ to extremists Tibetan spiritual leader the Dalai Lama's reported remarks that Bihar poll results prove that a majority of Hindus prefer harmony, received the support of the JD(U) on Sunday while the BJP played down the statement. Politics Advani, Shatrughan invited to Nitish Kumar’s oath-taking ceremony, no invitation for Modi, Shah Bihar Chief Minister Nitish Kumar has invited veteran BJP leader LK Advani and BJP Lok Sabha member Shatrughan Sinha to his oath-taking ceremony to be held in Patna on 20 November, an aide said on Sunday. Politics BJP demands Himachal CM Virbhadra Singh’s resignation after ED registers money laundering case BJP on Sunday demanded resignation of Himachal Pradesh Chief Minister Virbhadra Singh after Enforcement Directorate registered money laundering case against him, and questioned "silence" of Congress over the issue. Politics Narendra Modi’s 10 points to #TackleTerrorTogether at G20 Summit Turkey After a successful bilateral visit to UK for Prime Minister Narendra Modi, it was time for the G20 Summit in Turkey. BRICS leaders met ahead of G20 Summit. Sports India vs South Africa, 2nd Test, Day 2: Rain washes out day’s play Not a single ball was bowled as steady rain kept players indoors and forced the officials to call of day's play. If weather permits, it'll start 15 minutes early on Day 3. Sports Sports Arenas Need Security, Not Complacency Indian Super League: Goal picks out the best performers from round eight of the Indian Super League (ISL)... Sports Mitchell Starc clocks 160.4 kmph at The WACA Pakistan's Shoaib Akhtar holds the record with a 161.3 kilometres per hour thunderbolt against England. Sports Sachin’s Blasters lose third T20 by four wickets, All-Stars series 0-3 Warne's Warriors sealed a thrilling chase with a ball to spare and pocketed the series 3-0. Entertainment Priyanka Chopra, Deepika Padukone’s dance off in ‘Bajirao Mastani’ song ‘Pinga’, watch video Dressed in heavy navvari saris, both Priyanka Chopra and Deepika Padukone match their dance steps gracefully 'Bajirao Mastani's new song 'Pinga' Entertainment Salman Khan shares his ‘PRDP’ family moment, asks fans to join in After sharing his family portrait on Twitter, Salman Khan said to his admirers - “Now it's your turn”. Entertainment Film by Karisma Kapoor’s daughter screened at ICFFI fest Karisma's daughter Samaira made the short film "Be Happy" that was selected for screening in at children's film festival. Entertainment Popular Tamil director K.S. Gopalakrishnan is dead Tamil director and producer K.S. Gopalakrishnan breathed his last here on Saturday at a private hospital. He was 86. 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