Tuesday, November 24, 2015

November 24, 2015 - SoftBank-backed Housing.com to form new board soon; newly appointed CEO Jason Kothari considered for a greater role

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Blog
Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Think of your online information consumption in much the same way as you think about food. As Winfred Gallagher argues in his book 'New', a healthy information diet requires the self-control necessary to focus on the nutritious new things that have long-term value and ignore the junk that compromises our mental and emotional fitness. Empty Internet calories can play havoc with your information metabolism and interfere with your ability to think, but like greasy fries and supersized sodas, the bad stuff doesn't force itself on us. We need discipline and better taste. - Comment


Digital

Caught up in Social Media clutter?

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Digital
Hyperlocal logistics service Grab to raise fund worth Rs 66 crore
The firm has recently raised fresh funding from Sixth Sense Ventures.


Digital
Healthcare startup updates: Portea Medical buys MedybizPharma; Medikoe raises $100,000 in angel funding
Healthcare startup updates:  Portea Medical buys MedybizPharma; Medikoe raises $100,000 in angel funding - Iamwire
Portea Medical Acquires MedybizPharma to Accelerate Penetration into India’s Chronic Disease Market Healthcare platform Portea …


Digital
Pay-as-you-use rental startup Rentomojo gets $2 million in Pre-Series A from Accel, IDG
Pay-as-you-use rental startup  Rentomojo gets $2 million in Pre-Series A from Accel, IDG - Iamwire
Founded in November 2014 by IIT Madras graduates Geetansh Bamania and Ajay Nain, Bengaluru-based furnishing solutions …


Digital
Payment gateway NumberMall acquires analytics startup BankSmarts
Payment gateway NumberMall  acquires analytics startup BankSmarts - TechinAsia
In India, “assisted ecommerce” is getting millions of offline merchants into the world of ecommerce.


Retail
Nestle sells 45 mn Maggi packs within two weeks of relaunch
Nestlé India says it has started production of the noodles brand at its Pantnagar, Uttarakhand, factory

Retail
Tata Starbucks generates total revenue of Rs 171.2 crore; jumps 80%
Tata Starbucks generates total  revenue of Rs 171.2 crore; jumps 80% - Economic Times
Tata Starbucks, a joint venture between Starbucks and Tata Global Beverages, generated total revenue of Rs 171.2 crore in the year ended March 2015.

Retail
Delhi tells ecommerce cos to file returns by month end
“Attention! All ecommerce web portals,” a half-page ad issued by Delhi government's department of trade and taxes on Monday said. “It is compuls..

Retail
Birla's house of fashion
Birla's house of fashion -  Business Standard
One of the country's oldest business groups is targeting young online shoppers, but can Abof take on the big boys of e-commerce?


Telecom
Low spending users, special 4G handsets hurdle for Reliance Jio: CLSA
Low spending  users, special 4G handsets hurdle for Reliance Jio: CLSA - Economic Times
The much-awaited 4G service of Reliance Jio Infocomm may face hurdle in attracting customers due to low average spend by them.


Telecom
Falling 4G device prices to trigger consumer demand for 4G services: Amit Marwah
Falling 4G  device prices to trigger consumer demand for 4G services: Amit Marwah - Economic Times
Amit Marwah, head of technology for India region at Nokia, said growth for companies in the sector will be driven by growth in the consumption of data.


Telecom
Telecom Ministry issues notice to BSNL, MTNL, India Post over service quality
Telecom Ministry  issues notice to BSNL, MTNL, India Post over service quality - Daily News Analysis
Telecom Ministry issues notice to BSNL, MTNL, India Post over service quality - The Minister has asked BSNL and other concerns to use the social media, following which it held a workshop for officers in-charge of public grievance redressal in each telecom circle. On top of that, BSNL has appointed an agency to look into issues raised by subscribers on social media sites.


Telecom
• Samsung has emerged as the biggest 4G player in India with its popular sub ...
• Samsung  has emerged as the biggest 4G player in India with its popular sub ... - Times of India
Smartphone shipments in India jumped 21.4% in the July-September quarter to 28.3 million units, buoyed by a three-fold jump in demand for 4G-enabled devices.



Finance
Why the government’s gold scheme did not work
Why the government’s gold  scheme did not work - Livemint
Investors are postponing their investment-based purchases in the yellow metal because of lower yields


Finance
Are you getting paid enough? If not, it’s a good time to ask for that raise now
Are you getting paid enough? If  not, it’s a good time to ask for that raise now - Livemint
The ‘Michael Page India Employee Intentions’ report includes key insights into employee preferences for attraction and retention, salary expectations


Finance
Five questions FM Arun Jaitley may ask public sector bankers today
Five questions FM Arun Jaitley  may ask public sector bankers today - Daily News Analysis
Five questions FM Arun Jaitley may ask public sector bankers today - Finance Minister Arun Jaitley is slated to meet with public sector bankers on Monday for a review of their performance so far. According to reports, the status of bad loans and the upcoming monetary policy review by the Reserve Bank of India are likely to be the top agenda of the meeting. 


Finance
The need for unifying agricultural markets
The need for unifying  agricultural markets - Livemint
A unified market will bring uniformity in prices across states




Software

Software
Is the bubble bursting for India's online start-ups?
Is the bubble bursting for  India's online start-ups? - Economic Times
Hundreds of layoffs at several Indian start-ups have sparked fears the bubble is starting to burst for the country's e-commerce companies.


Software
China's search engine Baidu, Alibaba and Tencent are scouting for Indian startups to invest
China's search engine Baidu,  Alibaba and Tencent are scouting for Indian startups to invest - Economic Times
The growing interest in India comes at an opportune time for BAT, with venture capital investors realigning their portfolios as startups are struggling to sustain.


Software
‘Facebook At Work’ enables you to chat privately with colleagues soon
‘Facebook  At Work’ enables you to chat privately with colleagues soon - Firstpost
If you are waiting for “Facebook At Work” to come to your workstation so that you can work closely with colleagues, now get ready for another feature that you would never like to miss: “Work Chat.”



Ecommerce
CAIT launches e-lala.biz, enters ecommerce space
At the portal’s launch in the national capital on Monday, Union Minister M Venkaiah Naidu said it is a step towards the government’s “Digital In..

Ecommerce
Paytm ropes in Myntra's Abhishek Rajan to head travel unit
Paytm ropes in Myntra's Abhishek  Rajan to head travel unit - Economic Times
Rajan, an IIM- Ahmedabad alum, and who, till recently, led Flipkart-owned Myntras mobile business, will join Paytm as vice president this week itself.

Ecommerce
Meet The Three Startups That Won The Delhi Leg Of 1776 Challenge Cup
Meet The Three Startups That Won  The Delhi Leg Of 1776 Challenge Cup - Inc42 Magazine (press release) (blog)
Inc42 Magazine (press release) (blog)Inc42 Magazine (press release) (blog)Lenin Srinivasan of Maxx Market also shared his views with us, he said, We came all the way from Chennai in train to participate in this 1776 challenge cup. Throughout our three-day train journey, we were afraid about our participation

Ecommerce
Gionee Marathon M5 could be a Flipkart exclusive: Specifications, features
Gionee Marathon  M5 could be a Flipkart exclusive: Specifications, features - BGR India
- Gionee is hosting an event tomorrow where it is expected to launch the Marathon M5. While the price and availability details are currently under …



HR
Modi pays tribute to Singapore leaders, hails close bilateral ties
Modi pays tribute to Singapore  leaders, hails close bilateral ties - The Straits Times
Paying fulsome tribute to Singapore and its leaders who, he said, had inspired many of his own initiatives, Prime Minister Narendra Modi described the island as a "metaphor for the reality of dreams".. Read more at straitstimes.com.


HR
I for inclusion, J for jobs
I for inclusion, J for jobs -  Hindu Business Line
Even as everyone gets ready for shenanigans on the World Disability Day, on December 3, the community continues to be plagued by dependency. Prince Mathews Thomas reports


HR
Power Grid Corporation of India Limited (PGCIL) notifies recruitment
Power Grid Corporation of India  Limited (PGCIL) notifies recruitment - India Today
The Power Grid Corporation of India Limited (PGCIL) has invited applications for recruitment at several posts.


HR
ISIS one of the best users of internet to recruit, garner support: Defence ...
ISIS one of the  best users of internet to recruit, garner support: Defence ... - Times of India
The defence minister expressed concern over the widespread use of the internet by the Islamic State terror group to recruit followers and garner support. He also underscored the need for capacity building to protect against cyber attacks.



Logistics
For smooth and quick passage of GST Bill, government reaches out to opposition, hoping for a euphoric result
For smooth and quick passage of  GST Bill, government reaches out to opposition, hoping for a euphoric result - Times of India
The government is reaching out to parties in the opposition on the much-delayed goods and services tax — including looking at the possibility of incorporating some of the changes proposed by the Congress — as it seeks to ensure passage of the Constitution amendment bill during the winter session of Parliament.


Logistics
Panel calls for standard GST rate of 23-25%, say Deloitte and other agencies
Panel calls for  standard GST rate of 23-25%, say Deloitte and other agencies - Livemint
"It has worked out to about 18 per cent," a government official privy to discussions said. Another official said the range for the tax could be 16-18 per cent.


Logistics
Women drivers in public transport soon; starting with training of 100 drivers, they will later get inducted into driving of e rickshaws
Women drivers in public  transport soon; starting with training of 100 drivers, they will later get inducted into driving of e rickshaws - The Hans India
Women drivers in public transport system may soon become a reality with government mulling a project to support those willing to venture out in the so far male-dominated field. To begin with, 100 women will get the training and they will be later inducted as e-rickshaw drivers.


Logistics


Construction
Lanco Infratech posts Rs 99 crore net profit in September quarter
Lanco Infratech posts Rs 99  crore net profit in September quarter - Livemint
Lanco posted a 96% rise in gross revenues in the second quarter in comparison with last year


Construction
Real estate regulator to be setup by Maharashtra after centre gives nod
Real estate  regulator to be setup by Maharashtra after centre gives nod - Livemint
The state plans to complete the formalities to establish a Housing Regulatory Authority and Housing Appellate Tribunal in a month


Construction
13 charges on a home loan which you should know
13 charges on a home loan which  you should know - ET Realty
Some lenders split the processing fee into two parts. The one charged after the loan is sanctioned is called admin istration fee


Construction
Major chunk of private investment in realty goest to Maharashtra and UP
Major chunk of  private investment in realty goest to Maharashtra and UP - ET Realty
In the case of Maharashtra, it has slipped to 22 per cent in 2014-15, from 25.5 per cent in 2004-05



Marketing
Could Twitter’s Love For Emoji Bring Users To The Network? : Report
Could  Twitter’s Love For Emoji Bring Users To The Network? : Report - Lighthouse insights
Language is getting ‘emojified’ the world over. Not just the preferred form of texting for on the go millennials, emoji have now invaded all ages of people who favour the quick, convenient express


Marketing
Twitter's Tarun Jain to Head Ad Products Division at Flipkart : Report
Twitter's Tarun  Jain to Head Ad Products Division at Flipkart : Report - Adage India
Flipkart, India's largest e-commerce company, has hired former Twitter executive Tarun Jain to head the products division of its online advertising business, who will be responsible for driving business strategy, product vision, roadmap, execution, partnerships and customer adoption.


Marketing
Hindustan Unilever renews media relationship with Mindshare in India : Report
Hindustan  Unilever renews media relationship with Mindshare in India : Report - Daily News Analysis
Hindustan Unilever renews media relationship with Mindshare in India - Omnicom’s PHD will continue to oversee the digital spends for HUL in India.


Marketing
Housing confirms job cuts : restructuring operations focus on home buying
Housing confirms  job cuts : restructuring operations focus on home buying - Medianama
Online real estate portal Housing has confirmed a new round of lay offs and is restructuring its operations to focus more on the home-buying segment. The company, however, did not reveal the reduction of employees but an Economic Times report pegs the number at 200. The report added that the lay



Politics
ISIS Considers Arab Fighters To Be Superior To Indians: Intelligence Report
ISIS Considers Arab Fighters To Be Superior To Indians:  Intelligence Report
Dreaded terrorist group ISIS does not consider South Asian Muslims, including Indians, good enough to fight in conflict zone of Iraq and Syria and treated as inferior than Arab fighters but often tric


Politics
RSS brings up Ram Janmabhoomi again: Ram Temple will be true tribute to Ashok Singhal, says Mohan Bhagwat
RSS brings up Ram Janmabhoomi again: Ram Temple  will be true tribute to Ashok Singhal, says Mohan Bhagwat
"We have to make attempts to accomplish the Ram temple and that will be a true tribute to him," said Bhagwat at a condolence meeting for Ashok Singhal.


Politics
Family of former Taliban leader Mullah Omar unhappy with infighting, might refuse Mansoor as chief
Family of former Taliban leader Mullah Omar  unhappy with infighting, might refuse Mansoor as chief
Afghan Taliban's former chief Mullah Omar's son and the brother may turn down positions in the new powerful leadership council of the militant group over recent assaults against members of a breakaway faction.


Politics
Assam Governor’s anti-Muslim soundbite: After Tarun Gogoi, Mayawati now demands Acharya’s sacking
Assam Governor’s anti-Muslim soundbite: After Tarun  Gogoi, Mayawati now demands Acharya’s sacking
Reiterating his demand for Assam Governor Padmanabha Balakrishna Acharya's removal, Chief Minister Tarun Gogoi on Monday said the incumbent "does not know how to maintain his dignity" as the Constitutional head.



Sports
How sports bring people together
How sports bring people  together
By Boria Majumdar “The show must go on”, that’s what International Olympic Committee (IOC) president Avery Brundage had said in 1972 a day after the Black September massacre. He was castigated by many for saying...


Sports

Sports
Eden Hazard denies rift with manager Jose Mourinho
Eden Hazard denies rift with manager Jose Mourinho
Eden Hazard had come under criticism from Chelsea manager Jose Mourinho recently for his lack of form.


Sports
Novak Djokovic’s incredible year: Everything you need to know
Novak Djokovic’s incredible year: Everything you  need to know
Here's a look at Novak Djokovic's year which ended with a record ATP World Tour Finals title.



Entertainment
Shah Rukh Khan’s banner ties up with WD for ‘Dilwale’
Shah Rukh Khan’s banner ties up with WD for  ‘Dilwale’
Shah Rukh Khan's production banner Red Chillies Entertainments Pvt Ltd has for the second time tied up with WD for "Dilwale".


Entertainment
I am surviving only on 25 per cent of my liver today: Amitabh Bachchan
I am surviving only on 25 per cent of my liver today:  Amitabh Bachchan
Amitabh Bachchan made a startling revelation about surviving only on 25 per cent of his liver today having lost the rest 75 percent to the deadly Hepatitis B virus.


Entertainment
Abolish censorship: Shyam Benegal
Abolish censorship: Shyam Benegal
Shyam Benegal does not believe in censorship of creativity and says it should be abolished.


Entertainment
‘Bombay Velvet’ failure a burden on me: Anurag Kashyap
‘Bombay Velvet’ failure a burden on me:  Anurag Kashyap
Anurag Kashyap says the burden of the failure of his dream movie "Bombay Velvet" will always haunt him.




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