November 5, 2015 - Flipkart poaches another Google exec Surojit Chatterjee as head of consumer experience

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Blog Sree Vijaykumar From the Editor's Desk Ok, so your 'Uber for party planners' idea is probably not going to work. There are several reasons Uber has worked, however the primary reason is a combination of factors unique to the transportation industry. The average customer has a high frequency need for transportation. The incumbent system is highly inefficient for both drivers and passengers (taxis wait around forever, customers don't get taxis when they need them). Technology does a good job of matching demand and supply in a timely fashion, thus adding huge efficiencies. Price points are high enough where margins can be extracted. The service touchpoints are simple (get me safely from point A to point B in a clean car). Several reasons have been quoted for the recent failure of heavily funded Homejoy, including inconsistent quality (complicated delivery) and low margins. Entrepreneurs are advised to consider all these factors and more before pitching their next big marketplace idea - Comment Digital Flipkart poaches another Google exec Surojit Chatterjee as head of consumer experience The move marks the third time Flipkart has poached a marquee Googler this year. 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 JetSynthesys acquires majority stake in fashion brand Rudraksh merging it to its digital vertical JetSynthesys Pvt Ltd, a part of the Navani family-owned JetLine group of companies, ha Digital Edu-tech startup Shirsa Labs raises $250,000 through fund raising platform ah! Ventures Education-tech startup Shirsa Labs has raised $250,000 in angel capital funding throug Digital Cube26 enters IoT space with smart bulb priced at ₹1,499 User experience across multiple devices and platforms provider, Cube26 on Wedne Digital RCom to invest $80 million in cloud business, to set up 2 data centres Will set up two new data centres Retail Make in India: IKEA seeks relaxation over 30% sourcing norms for its first store in India - "Today we source for 300 million euros and we plan to double that by 2020." Retail Look Inside Amazon's First Physical Store Amazon's first brick-and-mortar store opened in Seattle on Nov. 2. Here's what it looks like inside. Retail Future Group, Shoppers Stop, Puma report double-digit growth in same-store sales despite online discount bonanza Some other retailers attributed the rise in demand to fresh merchandise, fewer discounted merchandise of big brands on online portals, and early onset of winter chill in some parts of the country. Retail CVC summons Walmart's India head over graft However, Wal-Mart spokesperson in a statement said it has not received any request from the CVC. Telecom Samsung claims edge over Apple The Korean mobile phone major has said that it has attained a 50% share in the Indian premium phone market, at a time when Apple battles a slow start to the sale of its new iPhone 6S devices in India. Telecom Reliance Communications Announces First Consolidation in Indian Telecom Sector Telecom Indonesia's XL Axiata Looks to Sell More Telecom Towers for Up to $500 Million Firm wants to unload infrastructure assets for the second time in two years to increase profitability of subscriber base. Telecom India LTE smartphone shipments soar, Xiaomi sees sharp fall: Counterpoint research A new report by Counterpoint Media research shows that in India 4G and LTE smartphones numbers grew at an astonishing 2400 per cent rate in Q3 of 2015 Finance Standard Chartered said seeking to sell Essar Global loans StanChart, ICICI Bank and Axis Bank approached VTB Group to gauge its interest in buying a portion of their loans to the Ruia brothers’ holding company Essar Global Finance Innovation in mind, startups pave way for PhD holders A new breed of super-specialised professionals previously not accommodated by traditional industries are entering the wider job market, thanks mainly to startups. Finance Tata to get $500 million a year in financing from Export Development Canada In the past five years, Tata firms have invested more than 1.3 billion Canadian dollars in Canada Finance How ICICI became the leader of mobile banking in India Mobile banking has never been as popular in India and ICICI has emerged the undisputed leader, according to July records. With the maximum number of transactions Software 5 Factors That Indian Digital Commerce Players Should Focus On To Grow Their Businesses: Gartner With more and more people buying products and services online, the digital commerce market in India has risen exponentially. Experts believe that the rise in smartphone usage, internet penetratio... Software Cognizant third quarter revenue up 23.5%; reports a revenue of $3.09 billion up from $2.58 billion reported for the earlier quarter US-based IT major raises full-year revenue guidance to $12.41 billion   Software Ravi Shankar Prasad to meet Microsoft chief Satya Nadella to discuss the company's plan to provide broadband connectivity in villages Digital India: Satya Nadella to meet Ravi Shankar Prasad to discuss broadband in villages - Wi-fi has a range of about 100 meters, whereas the 200-300 MHz spectrum band available in the white space can reach up to 10 km. Software We will pay higher bonuses to associates this year: Rajeev Mehta, Chief Executive Officer, IT Services, Cognizant Interview with Chief Executive Officer, IT Services, Cognizant Ecommerce Snapdeal targets $2 billion GMV from the sale of cars and two-wheelers in the next two years with the launch of its exclusive automobile platform The new platform called Snapdeal Motors has been launched about a year after the company introduced cars and bikes for sale in its marketplace in Dece.. Ecommerce Can online grocery and hyperlocal delivery services eat into local markets pie? Online retailers are targeting the weekly or monthly shopping basket of a consumer which are profitable to deliver. Ecommerce Snapdeal to hire 500 amid layoffs; to beef up its supply chain, design and category management teams Most of the 500 people that Snapdeal is planning to hire will help beef up its supply chain, design and category management teams. Franchise Ask yourself these 5 questions before becoming a franchisee HR Snapdeal to hire 500 amid layoffs Most of the 500 people that Snapdeal is planning to hire will help beef up its supply chain, design and category management teams. HR Arun Jaitley hails India's tax-free, job-rich informal economy The informal sector is estimated at $780 billion, or about 40% of India’s official GDP; it employs more than 90% of India’s workforce HR LinkedIn's India-specific product looks help graduates find their first jobs Social network for work LinkedIn is piloting its first India-specific product - LinkedIn Placements - to target soon to graduate students and placement officers on campuses, helping organize the sector of campus placements.LinkedIn Placements has Logistics Convenience at hand: Amausi metro station at Lucknow to be 100m from airport The primary design and layout plan of Chaudhary Charan Singh metro station proposed at 50 metre distance from the airport will now be constructed 100 metres away, as per fresh orders of Airport Authority of India. The Lucknow Metro Rail Corporation has been insisting on building this station 50 metres away for the convenience of air passengers. But with AAI slamming the proposal and asking metro team to redesign the plan, LMRC will now work on a fresh design locating the station 100 metre away from airport. Logistics Congress refuses to discuss GST Bill as they claim 'environment not conducive' currently The Congress on Wednesday said the current environment in the country is not conducive for talks between the government and the Opposition. Logistics Nepal airline may resume flights from next year eyeing the conference, meeting and other tourist inflow Royal Nepal Airlines, which withdrew flight services from Kolkata about 15 years ago, is considering to start operations from Kolkata again from next year. Initially, the airline wants to start operations with three flights a week. Logistics Air India's 'Diwali Dhamaka' Sale: Fares Start at Rs. 1777 Air India 'Diwali Dhamaka Sale' offers tickets starting from Rs 1,777 - The offer is valid till November 7 and it covers travel period between January 15 and April 15, 2016. Construction Housing.com to lay off another 200 employees this month Housing.com will lay off another 200 employees this month to meet tightened cost targets set by its shareholders, two people aware of the developments said. Construction DLF units can sell shares, SC rejects Sebi plea for restraint order SC allowed three DLF subsidiaries to sell shares worth Rs 12,000 crore to reduce debt, declining the regulator's plea to prevent the real estate group's move. Construction DLF's promoters to sell 40% stake in rental arm by March-end DLF said its promoters are likely to sell their 40% stake in the company's rental arm DLF Cyber City Developers Ltd by the end of this fiscal. Construction DLF debt increases by Rs 922 crore in September quarter DLF’s net debt rose because of high interest outgo and dividend payment during the September quarter Marketing Vizury lays off 50 in Retargeting, pivots to a data management platform biz : Report You're reading it here first: Online advertising solutions company Vizury has laid off around 50 people in 3 cities in its ad retargeting business, and pivoted its business model to a data management platform (DMP) business, the told MediaNama. However, sources, on condition of anonymity, t Marketing India represents $7 billion digital commerce market : Gartner India represents $7 billion digital commerce market: Gartner - Over 40% of digital commerce transactions came from a mobile device in 2014, and it is likely to exceed 50% in 2015. Marketing WWE Live to make a comeback in India : Ten Sports plans aggressive marketing NEW DELHI: Even as TNA is bringing its Impact Wrestling live event to Mumbai this December, World Wrestling Entertainment (WWE) is gearing up to bring some of the top names in wrestling to perform live in Delhi this coming January.   The event, which will be held at the Indira Gandhi Indoor Stadium on 15 and 16 January, 2016, marks the comeback of WWE Live in India after a span of 13 years. WWE Raw was last held in India in November 2002.   | WWE Live to make a comeback in India; Ten Sports plans aggressive marketing | Indian Television Dot Com Politics In final phase of Bihar polls, beef is back on the plate as BJP eyes polarisation of non-Muslim, non-Yadav votes Just when everyone thought beef was a non-issue in Bihar and it was only a passing election-time topic, it is bang back on the voters' platter Politics Bihar polls: Voting begins in in the fifth and final phase of election Polling began on Thursday in 57 constituencies in the fifth and final round of the Bihar assembly elections in some of the state's most backward pockets notorious for poverty, illiteracy as well as migration. Politics Political management over governance: Why players who make the PDP-BJP alliance sustain need to do more Unfortunately, over-stress on political management has always been the key word for any experiment in the troubled state and the scenario is no different in the present context. Politics Kerala House beef row: Delhi govt probe says police violated law Police violated provisions of law in entering Kerala House to investigate whether "beef" was served in its canteen on a complaint, found a Delhi Government-instituted probe into police action over a week ago that had triggered a political row. Sports India vs South Africa, 1st Test: Five India players to look out for India, South Africa begin four-match Test series with the first match in Mohali. Here are the five Indian players who can make a difference. Sports Five bowlers, the way forward for us: Virat Kohli Virat Kohli believes that too much is being made about the pitch rather than the opposition and the context of the game. Sports Why India need to be watchful against Dale Steyn with old ball While a lot of South Africa’s success has been built around Hashim Amla and AB de Villiers, their biggest matchwinner is, undoubtedly, Dale Steyn. Sports We have to work really hard, says India football captain Sunil Chhetri India's most prolific goal-scorer Sunil Chhetri, however, believes the team is on the right path. Entertainment After Bhumi Pednekar, another YRF casting director Meghna Doshi turns actor Meghna Doshi, a former assistant casting director at YRF, will be seen in R. Balki's next with Arjun Kapoor and Kareena Kapoor's 'Ki and Ka'. Entertainment Salman Khan on the intolerance issue: My mother is Susheela Charak, father is Salim Khan When asked about his views on the intolerance issue, Salman Khan said, "I can only say that my mother is Susheela Charak and my father is Salim Khan." Entertainment Pune actor-director’s Marathi film makes it to IFFI The film is based on classic musical play Katyaar Kaljat Ghusli and goes by the same name. Entertainment ‘Bajirao Mastani’ has made me stronger, wiser: Ranveer Singh Ranveer Singh said acting in "Bajirao Mastani" was tough and it has had a personal and professional impact on him. 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