Thursday, December 3, 2015

December 3, 2015 - The poster boys who changed the course of entrepreneurship in the country

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
In the movie 'Tamasha', Ranbir Kapoor's character struggles to cope with a mediocre corporate job and yearns to be something his heart and his girlfriend tell him to be - a storyteller. He creates his livelihood and achieves fame through a unique theatre musical format. He carves his own destiny. How many of you are stuck in boring corporate jobs? How many of you wish to break out and follow your dreams? Now's the time.. Give careful thought to what you want to do though and give it a 5 year window. Anything less and you haven't given yourself enough of a chance. Do something you enjoy, else you will give up in the trough of sorrow! I founded TradeBriefs 4 years ago and now we have a great team and it's something worth talking about. In its journey, TradeBriefs almost died, then got funded, then almost got acquired, then stuggled again and is now stable and growing well! - Comment


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Digital
YuppTV launches on-demand movie streaming service
YuppTV, an Internet-based TV streaming service provider, on Wednesday launched an on-d


Digital
VMWare looking to acquire Indian startups for newer tech
Virtualisation software maker VMWare is looking at Indian start-ups to


Digital
Nucleus Software launches digital cash solution 'PaySe'
`PaySe’ has potential to revolutionise banking industry; empower the bottom of the pyramid, says company's top official


Digital

Retail
Ouch! Flipkart suffers Rs 2000-crore wound in bruising discount war
Ouch! Flipkart suffers Rs  2000-crore wound in bruising discount war - Economic Times
The company expects sales to surge six fold this year, according to head of commerce Mukesh Bansal. He told ET that the company was on course to sell goods worth $10 billion.

Retail
India's ecommerce groups face legal threat
Financial Times
India's ecommerce groups face legal threatFinancial TimesIndia's $11bn -- and rising -- ecommerce industry is facing a serious threat. But it is not Amazon, nor any other external company planning to enter the sector. It is the country's own bricks-and-mortar retailers, who have accused online marketplaces ...articles 

Retail
DIPP likely to back ecommerce companies in legal tussle with footwear firms
DIPP likely to  back ecommerce companies in legal tussle with footwear firms - Economic Times
The government is likely to back ecommerce companies in the their legal tussle with the Footwear Manufacturers and Retailers Association (AIFMRA).

Retail
Kidswear brand Poney to invest Rs 30 crore in India expansion, plans 25 more stores
Kidswear brand  Poney to invest Rs 30 crore in India expansion, plans 25 more stores - Economic Times
Apart from cities like Delhi, Mumbai, Bengaluru and Kolkata, Poney plans to set up outlets in tier-II cities like Lucknow, Chandigarh, Ahmedabad, Ludhiana and Pune.


Telecom
The 2 Cent Fine for poor service India's Telecom Tycoons Say May Cost the industry $8 Billion
The 2 Cent Fine for poor service  India's Telecom Tycoons Say May Cost the industry $8 Billion - Bloomberg
India is pressing ahead with an unprecedented plan to fine wireless operators one rupee (2 cents) from Jan. 1 for calls that unexpectedly disconnect mid-conversation, rejecting claims the step could cost the industry as much as $8 billion a year.


Telecom
Chennai floods: Telecom companies strive to keep services going, offer freebies to users
Chennai floods: Telecom  companies strive to keep services going, offer freebies to users - Economic Times
Leading telecom companies Bharti Airtel, Vodafone India, Reliance Communications, Aircel and state-run BSNL offered free talk time and data to pre-paid customers.


Telecom
Phone companies slam draft IPR policy, say it will kill Make in India plan
Phone companies  slam draft IPR policy, say it will kill Make in India plan - India Today
According to ICA, the draft policy also overrides the concerns of the Indian handset industry.


Telecom
Missed call: Digital India will not succeed if India's ICT access continues to be so low
Missed call: Digital India will  not succeed if India's ICT access continues to be so low - Times of India (blog)
The ICT Development Index of the International Telecommunication Union, which measures countries on their level of information, communication and technology (ICT) access, has ranked India at 131out of 167 countries. Among the Bri(ii)cs it comes...



Finance
How much of commercial bank money is being created by one unit of central bank money?
How much of  commercial bank money is being created by one unit of central bank money? - Livemint
India’s money multiplier has been gradually rising over the years due to steady decline in cash holdings


Finance
Future Fund from Australia to invest up to $200 million in India next year: Steve Byrom
Future Fund  from Australia to invest up to $200 million in India next year: Steve Byrom - Economic Times
Future Fund, Australias sovereign wealth fund will invest up to $200 million in India next year, Steve Byrom, its head of private equity fund told ET.


Finance
RBI to buy up to Rs10,000 crore of govt bonds via auction
RBI to buy up to Rs10,000 crore  of govt bonds via auction - Livemint
The move comes a day after the RBI governor said that borrowings from the repo window suggest there is plenty of liquidity in the system


Finance
Raghuram Rajan gives rupee bond bulls confidence to forecast end of rout
Raghuram Rajan  gives rupee bond bulls confidence to forecast end of rout - Livemint
Raghuram Rajan says inflation risks are to the downside and he will use the space for further accommodation, when available




Software
Wipro agrees to buy German IT services company Cellent AG for $78 million
Wipro agrees to  buy German IT services company Cellent AG for $78 million - Report
Cellent has been offering services to its customers in Germany, Austria & Switzerland for the past 14 yrs & has a team of more than 800 consultants, Wipro said.


Software
Lava to invest Rs 200 crore on design, testing phones in India
Lava to invest Rs 200 crore on  design, testing phones in India
Lava will invest about Rs 200 crore over 18 months on strengthening its design and testing operations in the country.


Software
Facebook plans first Asia-Pacific data centre in Taiwan: Official
Facebook plans first  Asia-Pacific data centre in Taiwan: Official
It would be Facebook's first data centre in Asia, following four others in the United States and one in Sweden, Taiwanese media reported.


Software
Symantec to double cyber professionals at Chennai centre
Symantec to double cyber  professionals at Chennai centre
Symantec Corp today said it will double the number of cyber security professionals at its Chennai centre to more than 200 over the next year.



Ecommerce
BigBasket set to close Rs 800 crore funding
BigBasket set to close Rs 800  crore funding - Economic Times
BigBaskets valuation was pegged at Rs 2,100 crore, or about $320 million, ahead of the transaction, show filings submitted to the ministry of corporate affairs on November 30.

Ecommerce
#ChennaiFlood: Support pours in on social media
Zomato is encouraging users to donate meals in Chennai on its app. A meal for 2 costs Rs 100, and the company has tied up with local NGOs to deliver t..

Ecommerce
Is Indian E-Commerce Digging Itself into a Hole?
Is Indian E-Commerce Digging  Itself into a Hole? - Trak.in (blog)
The whole Indian e-commerce industry in India best exemplifies the meaning of the phrase “digging itself into a hole”. In some other ways, it also typifies what we call “a zero sum game”



HR
ICICI Venture names Purker as MD CEO
Finance specialist Prashant Purker has been elevated as MD & CEO of ICICI Venture, India's largest home-grown private equity firm, said a statement on Tuesday.


HR
Railway plants in Bihar to boost manufacturing, jobs: Jaitley
Railway plants  in Bihar to boost manufacturing, jobs: Jaitley - Economic Times
Marking the first big FDI in the railway sector, the Indian Railways today signed Rs 40,000-crore contracts with GE and Alstom to set up two locomotive plants in Bihar.


HR
Africa, China, India – Relationships in Transition?
Africa, China, India –  Relationships in Transition? - The Diplomat
Two major conferences highlight Africa’s evolving relations with the two Asian giants.


HR


Logistics
Showdown brings cloud of uncertainty over GST, again as team Sonia uncommital, await their leader on Dec 6th
Showdown brings cloud of  uncertainty over GST, again as team Sonia uncommital, await their leader on Dec 6th - The Indian Express
The Congress is still waiting for the government to respond to its objections to the Goods and Services Tax, which its president Sonia Gandhi and former prime minister Dr Manmohan Singh conveyed to Prime Minister Narendra Modi and his colleagues over tea, last week, party sources told NDTV.


Logistics
GST gathers support of 3 opposition parties so far: TMC, BSP and now JD(U)
GST gathers  support of 3 opposition parties so far: TMC, BSP and now JD(U) - The Indian Express
BSP Chief Mayawati who had been mute on the issue of intolerance till now, slammed the BJP government for intolerance, communalism and anarchy in the country and also attacked the Congress for misusing CBI.


Logistics
Air India launches a new route, becomes the first domestic carrier to fly non -stop from New Delhi to San Francisco
Air India launches a new route,  becomes the first domestic carrier to fly non -stop from New Delhi to San Francisco - Economic Times
Air India today launched its first non-stop flight to San Francisco which landed in San Francisco connecting America's west coast with India and making Silicon Valley its fourth destination in the US.


Logistics
Air Costa seeks ministry nod for pan-India license; fund raising plans on card
Air Costa seeks  ministry nod for pan-India license; fund raising plans on card - Firstpost
South-based airline looking at private equity or a strategic investor for raising undisclosed funds



Construction
German Consulate's pune land sold for Rs 168 cr
In the most expensive land transaction in Pune, realty developer Marvel Realtors has acquired a 3-acre land parcel auctioned by the Federal Republic of Germany for Rs 168 crore. The developer has paid Rs 56 crore per acre price for the land parcel at Pune's Boat Club Road, a prime location in the city.

 


Construction
Decoding Indian Luxury Market
Indian real estate market has evolved from being a market obsessive about a home with a location to a new and vibrant concept of branded homes.

 


Construction
Illegal residents to receive notices in Noida
Gautam Budh Nagar district magistrate N P Singh told TOI on Tuesday that notices will soon be issued to residents who are illegally living in the flats without getting them registered

 


Construction
Financial losses of over Rs15,000 crore expected due to floods in Chennai: Assocham
Financial losses  of over Rs15,000 crore expected due to floods in Chennai: Assocham - Livemint
Not only are trade, industry and other commercial activities being hit, but common individuals are also bearing heavy financial loss to their properties: Assocham



Marketing

Marketing

Marketing
How to start a successful ad agency or how to do a start up : Report
How to start a successful ad  agency or how to do a start up : Report - Huffington Post
The StrawberryFrog story is an object lesson for ad start-ups or start-ups of any kind. The first week hatching StrawberryFrog, my own ad agency, was the worst week of my life. Karin Drakenberg (a S


Marketing


Politics
Why Gujarat civic body poll results don’t augur well for Prime Minister Modi or BJP
Why Gujarat civic body poll results  don’t augur well for Prime Minister Modi or BJP
Gujarat municipal and local bodies poll results should send alarm bells clanging in the BJP; more so for Prime Minister Narendra Modi. The outcome has the potential to thwart his much-hyped Gujarat story, which in turn could affect his personal standing.


Politics
Even Modi can’t stop me from crusading to protect gou mata: BJP MLA on beef vs pork row in Osmania University
Even Modi can’t stop me from crusading  to protect gou mata: BJP MLA on beef vs pork row in Osmania University
The “ready to kill or get killed’ warning by Raja Singh, BJP legislator has ignited tempers on both sides of the beef vs pork row in Osmania University


Politics
‘A cow is safer in India than a Muslim’: Why would a man like Shashi Tharoor fire such a toxic salvo?
‘A cow is safer in India than a Muslim’: Why  would a man like Shashi Tharoor fire such a toxic salvo?
It is on this canvas that I cannot understand people like Shashi Tharoor who have been gifted with silver spoons in life deliberately fomenting mischief.


Politics
Ram temple may be completed in my lifetime: Mohan Bhagwat
Ram temple may be completed in my lifetime: Mohan  Bhagwat
RSS Chief Mohan Bhagwat on Wednesday hoped that the construction of Ram temple might be completed in his lifetime



Sports
Remembering The Forgotten Of The Sports World
Remembering  The Forgotten Of The Sports World
Sports gets bigger all the time. But even in the biggest bull markets, there are always a few stocks that fail. The same is true in sports history. Whatever happened to the Little Brown Jug? Bowling?


Sports
The Most Powerful Women In Sports
The Most Powerful Women In Sports
Who are the most powerful women in sports? Managing over 1,000 employees and helping drive an estimated $700 million in annual revenues, racing heiress Lesa France Kennedy has established herself as the most influential female in the business of sports. As CEO of International Speedway Corporation (ISC), Kennedy manages thirteen of America's biggest [...]


Sports
Pilot, actor Thakur Anoop Singh wins gold at World Bodybuilding Championships
Pilot, actor Thakur Anoop Singh wins gold at World  Bodybuilding Championships
Thakur Anoop Singh won the gold medal at the seventh WBPF World Bodybuilding and Physique Championships in Bangkok.


Sports
Ranji Trophy 2015-16, Group B: Harbhajan Singh’s 10-wicket haul sends Punjab in quarters
Ranji Trophy 2015-16, Group B: Harbhajan Singh’s  10-wicket haul sends Punjab in quarters
Harbhajan Singh had match-figures of 10/67 as Tamil Nadu were bowled out in only 22 overs in chase of 313.



Entertainment
Veteran Bollywood actor Manoj Kumar hospitalised
Veteran Bollywood actor Manoj Kumar hospitalised
Manoj Kumar had suffered from stones and was treated in 2013.


Entertainment
Dilip Kumar is the first superstar of Indian cinema: Saira Banu
Dilip Kumar is the first superstar of Indian cinema:  Saira Banu
Saira Banu feels it's her legendary husband who was the first superstar of Indian cinema.


Entertainment
Boney Kapoor calls RGV ‘crazy’ and ‘pervert’ for openly sharing his admiration for Sridevi
Boney Kapoor calls RGV ‘crazy’ and  ‘pervert’ for openly sharing his admiration for Sridevi
Boney Kapoor has called Ram Gopal Varma "crazy", "bonkers" and a "pervert" for openly sharing his admiration for the producer's wife Sridevi.


Entertainment
I will stand when I hear our National Anthem being played: Farhan Akhtar
I will stand when I hear our National Anthem being played:  Farhan Akhtar
Actor Farhan Akhtar shared his thoughts on standing up in attention while the national anthem is being played.




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