November 3, 2015 - Report: Apple supplier freezes hiring, shuts production line due to low demand for iPhone 6S

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Blog Sree Vijaykumar From the Editor's Desk In his expansive work, 'Sapiens, A Brief History of Humankind', Yuval Harari makes the very interesting case that the fundamental reason humans have thrived as a species is our ability to create fiction and believe in it. This includes the concept of money, nations and Gods. This fiction enables us to co-operate with strangers and get things done that Chimpanzees or other animals cannot. Since, it's the outer, more evolved layers of human brains that have this ability, it is not a surprise that humans have created several stories. Some of this fiction may just be what we now call learning, shared concepts that help us move ahead in scientific discovery - Comment Digital Report: Apple supplier freezes hiring, shuts production line due to low demand for iPhone 6S Apple earnings report will rely largely on China, but iPhone 6s is not expected to outperform iPhone 6, according to analysts. 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 FoxyMoron Bags Digital Duties of Aéropostale India Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities Digital India's food tech sector sizzles! Gurgaon-based Twigly raises $200,000 from SAIF's Mukul Singhal, InMobi's Amit Gupta, others Investment comes at a time when interest in the food-ordering market is ebbing and start-ups are struggling to expand Digital Bus ticketing and cab booking platform YatraGenie to invest Rs 50 crore for expansion across Karnataka YatraGenie Services, the bus ticketing and cab booking platform, is planning to invest Digital Flipkart strengthens tech team, announces two new senior executives ​Online marketplace Flipkart is aggressively strengthening its technology team over th Retail Luxury attire and accessory stores woo the well-heeled The well-dressed—and well-heeled—Indian is being wooed in innovative ways by multi-brand luxury attire and accessory stores Retail Cold debut for Coffee Day as stock crashes nearly 18% The stock of Coffee Day Enterprises (CDEL), which runs the Cafe Coffee Day chain of outlets, tanked nearly 18% on its debut on Monday, making it the worst opening for a company listing on the bourses in calendar 2015. Retail India's retail sector at crossroads amid FDI policy logjam While there is no denying the opportunity, there are also multiple challenges including issues with logistics, warehousing and the fact that majority .. Retail Employee frauds surge as ecommerce companies take to speed-hiring "There has been a 25% increase in employee-related frauds since last year and 70% of them are from ecommerce companies." Telecom RCom rings in acquisition to snap up Sistema's Indian telecom business & acquie its 9 million customers Triggering a significant consolidation in telecom business in the country, industrialist Anil Ambani-led Reliance Communications on Monday announced a major accord to acquire the Indian business of Russia's Sistema, which is operating under the Telecom 4G subscriber base in India to hit 90-million mark by 2017-18: Report Smartphones have only been around for a decade, but they have so fundamentally infiltrated our day-to-day that it is hard to imagine a life without having Telecom Google gets government nod to beam internet from balloons Internet giant Google is working with the government on a pilot project for providing Internet connectivity by using large balloons. Telecom Billionaire Ambani Agrees to Buy Sistema's Indian Phone Carrier Indian telecoms operator Reliance Communications (RCom) has agreed to buy Russian conglomerate Sistema’s Indian mobile phone business with a share swap that marks the first major deal in seven years in a crowded and in Finance Can J K residents not repay loans: SBI The Supreme Court on Monday decided to hear the State Bank of India's appeal seeking implementation of laws related to recovery of money from loan defaulters in Jammu and Kashmir. Finance Woman drops sex assault case against US venture capitalist Sexual harassment has been under the spotlight in recent months in Silicon valley, in large part because of a high-profile discrimination lawsuit brought by a former partner at venture firm Kleiner Perkins Caufield & Byers. Finance Green Plains Partners misses Street 3Q forecasts The proposed transaction values the company at Rs 17,225 crore ($ 2.6 billion). The transaction is subject to governmental and regulatory approvals. Software Information technology spends by financial institutions expects to increase by 9.8 per cent to around Rs 50,000 crore in 2015: Gartner This includes spending by financial institutions on internal IT which includes in-house personnel, hardware, software, external IT services. Software Unisys India names Ravikumar Sreedharan managing director In his new role, he will be responsible for leading the companys operations in India, which includes more than 5,000 employees working at sites. Software UK-based internet service provider New Call Telecom scouts for investors to take Ozone Networks overseas “We are looking at strategic investors that really understand the benefit and strategies around Ozone and Wi-Fi in India,” said Nigel Eastwood, CEO of New Call Telecom. Software IT software firm Intuit India extends health benefits of employees Intuit India has rolled out new compensations and health benefits for its employees, including increased maternity benefits, coverage for surrogacy and infertility treatment. Ecommerce Flipkart appoints MakeMyTrip's chief technology officer Sharat Singh as vice president of engineering The country’s largest e-commerce venture Flipkart has appointed MakeMyTrip’s chief technology officer Sharat Singh as vice president of engineering. Ecommerce Employee frauds surge as ecommerce companies take to speed-hiring "There has been a 25% increase in employee-related frauds since last year and 70% of them are from ecommerce companies." Ecommerce Zivame appoints Shaleen Sinha as COO to drive ecommerce, nearly two months after it secured $40 million in funding Zivame has appointed Shaleen Sinha as its COO to drive ecommerce, nearly two months after it secured $40 million in funding. Ecommerce Pay per chapter: Dailyhunt brings sachet marketing to books by introducing chapter-wise billing News and ebooks mobile application Dailyhunt is bringing FMCG sectors “sachet marketing” strategy to books by introducing chapter-wise billing. Franchise Franchisee Journey: From stints in Baghdad, Iraq, and Kabul, Afghanistan, as a US marine to franchisee with 10 locations Cheston C. Syma is back from Iraq and Afghanistan, running ten Sport Clips locations and raising scholarship funds for his fellow vets and active-duty military personnel. Franchise Build your business’ brand power online yourself; stop relying on your franchisor’s corporate marketing efforts There are many franchisees that rely heavily on their franchisors to bolster their local marketing efforts.  In those cases, the online presence of the franchisee’s location can often be hidden behind the franchisor’s own corporate marketing efforts. Whether for an established franchisee with years in business, or a start-up franchisee just getting operations underway, it … Franchise Why avoiding hiring Millennials may be a misguided policy and will lead you to stale business ideas and ultimately failure Here’s why those Millennials you’re overlooking are critical to long-term business growth. If given the choice, many companies shy away from hiring Millennials because they are believed to be “lazy” and don’t understand the value of hard work. This stigma is especially troubling for experienced business leaders of today who apparently all got their start … HR Varun Kohli elevated as CEO, India News Kohli will report to Sanjay Dua, CEO, NewsX and Group CRO, iTV Network. Previously, he was COO and Revenue Head at India News HR The 25 highest-paying non-desk jobs It turns out you don't need an "office job" if you're after a high salary.Some of the most lucrative careers in the US are non-desk jobs, according to an analysis HR Corporate Biggies do it the MasterChef way To emphasise their focus on the rich culinary heritage in India, Hyatt Hotels had introduced the Hyatt Culinary Challenge – people cooking for people in 2014. T... HR RBI promotes Deepak Singhal as its new executive director He will look after six departments at the central bank including the central security cell, corporate strategy and budget department and human resources management department among others. Logistics Railways start discontinuing pantry cars in long-distance trains With e-catering being introduced by the Indian Railway Catering and Tourism Corporation (IRCTC), Indian Railways has started withdrawing pantry cars from long-distance trains but this may not go down too well with passengers just yet. Logistics As Modi triples spending, Indian road related stocks cheer with 73% rally Prime Minister Narendra Modi’s decision to triple spending on roads and highways is cheering builders in India, especially the smaller contractors, as he steps up efforts to upgrade the nation’s creaky infrastructure. Logistics Tata Motors appoints Ace footballer Lionel Messi as global brand ambassador as personifications of self belief and excellence; this is for utility vehicles and cars The intolerance towards reforms is the real reason that will impact growth. While the Congress-led opposition parties must shun this in Parliament, PM Narendra Modi needs to tackle the apprehensions on the communal statements forcefully now. Construction ICRA gives AA rating to Godrej Properties The Mumbai-based real estate developer becomes the only real estate company in India in the listed space rated by ICRA to receive this rating. Construction Loss for Jaypee Infratech in Q2 Firm posts loss of Rs159.57 crore; total income falls 60.5% to Rs337.8 crore from Rs855.60 crore Construction India Cements Q2 net profit up fivefold at Rs41 crore Net sales at Rs1,079 crore, up from Rs1,136 crore a year ago Construction Tata Realty planning office projects, REIT with StanChart PE Standard Chartered PE has committed Rs800 cr, while TRIL will invest Rs1,800 cr, and the two will scout for development opportunities Marketing FoxyMoron Bags Digital Duties of Aéropostale India US-based Aéropostale Inc has partnered with Arvind Lifestyle Brands to enter the Indian market Marketing Facebook unveils customised ad solution for emerging markets : Report Facebook is taking mobile video ads to an all new level when they came up with a solution to target 2G users or people that have lower bandwidths in countries such as Nigeria, India and Kenya Marketing Indian ads on Pak websites : ad and sense in digital space Rudy alleged that a GoogleAd was published in a Karachi-based newspaper between October 20 and October 31 to influence voters in Bihar in favour of Kumar. Marketing RCOM and MTS merge : Acquires 9M customers 850 Mhz spectrum Update: Telecom operator Reliance Communications announced the first consolidation in the telecom sector as it merged its operations with Sistema Shyam Teleservices Limited (SSTL) which operates as MTS in India. With this, the new entity will acquire 9 million of MTS' customers and 800 / 85 Politics India’s longest-serving speaker HA Halim dead, served West Bengal assembly for 29 years Prominent CPI-M leader Hashim Abdul Halim, who served as West Bengal assembly speaker for 29 years at a stretch - the longest stint by any presiding officer of a legislature in independent India - died at a nursing home here on Monday. Politics Nothing wrong in Rahul Gandhi’s remark, EC should not allow misuse of machinery by Modi: Congress Unfazed by the Election Commission's notice, Congress on Monday justified Rahul Gandhi's attack on BJP in Bihar elections and said the poll body should not have allowed "blatant misuse of machinery" by Prime Minister Narendra Modi. Politics Grand alliance leaders sheltering those who promote terror, says Modi in Bihar Modi on Monday accused grand alliance leaders of playing with nation's security by "sheltering" those promoting terror and asked if such people should be allowed to form government in the state. Politics Kerala civic polls: First phase sees 75% voter turnout An estimated 75 percent of 1.11 crore voters exercised their franchise in the first phase of the keenly fought local body polls in Kerala, which comes ahead of the assembly polls due in 2016. Sports Gurpreet Singh Sandhu set to be the first Indian in a Europa League squad Sandhu, who has emerged as the first choice goalkeeper for the Indian national team, is now set for another first. Sports Lionel Messi becomes Tata Motors’ global brand ambassador Tata Motors will be the first Indian brand to be endorsed by Lionel Messi. Sports India, Pakistan must talk to revive cricket, says Sunil Gavaskar Sunil Gavaskar, popular across the borders for his superlative batting, said the mistrust between the two countries should be removed. Sports Eva Carneiro takes legal action against Jose Mourinho What, exactly, is "amazing content?" Here's how to make sense of industry buzzword advice on content marketing and strategy. Entertainment My kids are the harshest critics: Rod Stewart Rod Stewart said he realised that his children are his harshest critics. Entertainment Any civilisation suppressing artistes’ voices is in grave danger: Anurag Kashyap Anurag Kashyap feels suppressing voices of artistes can only put a civilisation into "grave danger". Entertainment Zubin Mehta concert: When the Baton Beckoned Zubin Mehta returned to the Capital after a decade for a concert that Delhi will remember for years. Entertainment Want to chronicle the times we live in: Hansal Mehta Hansal Mehta is back with another true-life story with "Aligarh", which revolves around a university professor condemned to a life of loneliness for being gay. 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