Monday, December 7, 2015

December 7, 2015 - A group of Chinese VC firms led by APUS Group to invest Rs 300 crore in Indian mobile internet startups

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
The Delhi government should be applauded for introducing the odd-even license plate scheme to reduce pollution. While many seem to think this is some outlandish brainchild of Mr Kejriwal, this (or a variation of this) has already been implemented in various cities around the world, ranging from Beijing (where it's been shown to have reduced pollution levels by 40%) to Paris to Bogota. The scheme should also reduce the chaotic traffic on the roads. While in the beginning it will prompt car owners to either carpool or take public transportation, in the long term there is a danger that some will buy second cheaper more polluting cars. Bogota tried to circumvent this by switching the combinations of days and numbers every year. Delhiites should welcome this step, like the Chief Justice of India has. Now, let's hope the Delhi Police co-operates in implementing it - Comment


Digital
A group of Chinese VC firms led by APUS Group to invest Rs 300 crore in Indian mobile internet startups
A group of Chinese VC firms led  by APUS Group to invest Rs 300 crore in Indian mobile internet startups - Economic Times
Earlier in September, ET reported that the APUS entity had set aside Rs 100 crore to invest in early-stage firms over the next 3-4 years.


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Digital
Bangalore-based UltraCash aim to be the next big thing in mobile payments
Bangalore-based  UltraCash aim to be the next big thing in mobile payments - Iamwire
The user acquisition efforts being made by mobile wallet companies are in turn translating into relatively increased awareness about mobile …


Digital
Arvind Kejriwal's odd-even rule: Not car owners, but bus aggregation startups like Shuttl, ZipGo will benefit. Here's how
Arvind Kejriwal's odd-even  rule: Not car owners, but bus aggregation startups like Shuttl, ZipGo will benefit. Here's how - Economic Times
Arvind Kejriwals move to allow private vehicles with even and odd registration numbers may be beneficialfor some startups as the move could create an opportunity.


Digital
IoT analytics startup Zenatix Solutions raises funding from Blume Ventures
IoT analytics  startup Zenatix Solutions raises funding from Blume Ventures - Economic Times
Zenatix Solutions, an internet-of-things (IoT) driven energy-data analytics startup has raised an undisclosed amount of follow-on funding led by seed focused fund Blume Ventures.


Digital
Smartron to launch Internet of Things business soon
Smartron to launch Internet of  Things business soon - Economic Times
Smartron, which has been operating under a stealth mode for the last nine months, plans to introduce IoT devices, smartphones, tablets and highend computers.


Retail
Ecommerce players to help India's 2016 advertisement spend grow 13%
Ecommerce  players to help India's 2016 advertisement spend grow 13% - Economic Times
Advertisement spend in India is set to grow 13% in 2016 with ecommerce players, telecom operators and mobile handset makers leading the way, forecasts ZenithOptimedia.

Retail
Baidyanath to make FMCG foray with cosmetics, wellness products
Although these segments are growing rapidly, at present there are no herbal remedies available for such lifestyle diseases in the country.

Retail
The year Amazon delivered on its founder's vision
The year Amazon delivered on its  founder's vision - Telegraph.co.uk
Jeff Bezos has built internet retailer Amazon into a giant and ruthlessly efficient operation

Retail
Micromax annual revenues cross Rs 10000 crore in 7 years
Micromax annual revenues cross  Rs 10000 crore in 7 years - Economic Times
Micromax has crossed Rs 10,000 cr in annual revenues during year to March 2015, and is now within striking distance of brand Sony in the Indian market.


Telecom
Vodafone India invests Rs. 500 crore to resolve call drops issue
Vodafone India is beefing up its networks as it aims to cut instances of call drops, improve services as well as roll out 4G services before end of the current fiscal.


Telecom
WhatsApp, Facebook and UC Browser are India's most popular apps: Report
WhatsApp,  Facebook and UC Browser are India's most popular apps: Report - Hindustan Times
UC Browser is the third most used app in India after social networking giant Facebook and mobile messaging service WhatsApp, according to a new report.


Telecom
Telecom companies suffer Rs 300 crore loss due to Chennai floods
Telecom companies suffer Rs 300  crore loss due to Chennai floods - Economic Times
The Cellular Operators Association of India (COAI), has, reportedly, estimated a loss of Rs. 300 crores owing to network restoration and revenue losses over the past week.


Telecom
India's 3rd internet gateway ready to start operations
India's 3rd internet gateway  ready to start operations - ETTelecom.com
Bangladesh's lone submarine cable operator, Bangladesh Submarine Cable Company Limited (BSCCL), has already connected 10 GBPS bandwidth with Bharat Sanchar Nigam Ltd (BSNL) cable last week at the Akhaura integrated checkpost. Technically, the internet gateway is ready and is giving the expected results in signal test in Agartala. The internet highway of submarine cable from Cox's Bazar in Bangladesh has been connected to BSNL cable at Akhaura checkpost. A third internet gateway becomes essential for India to ensure connecting all localities, services, amenities and individuals into the telecom network under Digital India initiative. AGARTALA: The third international internet gateway in Agartala is all set for inauguration which will take place after finalization of the schedule of Prime Minister Narendra Modi and his Bangladesh counterpart.



Finance
Ten stocks that can give 10-40 per cent returns in 2016
Ten stocks that can give 10-40  per cent returns in 2016 - Economic Times
The earnings downgrade cycle for India Inc is not over yet, but some companies have managed to buck the trend.


Finance
Sebi likely to set strict norms for stock exchange shareholders
Sebi likely to set strict norms  for stock exchange shareholders - Livemint
Sebi may scrutinize investors, even if they declare themselves as fit and proper at the time of investment


Finance
Five ways in which GST will help Indian economy
Five ways in which GST will help  Indian economy - Moneycontrol.com
The govt is likely to concede to the Congress demand to do away with this tax, which was proposed to compensate manufacturing states.


Finance
Parliamentary Panel slams Finance Ministry over release of measly funds to MEA
Parliamentary  Panel slams Finance Ministry over release of measly funds to MEA - Economic Times
The panel expressed concern over "incongruously small size" of the Indian Foreign Service given the enormous tasks and challenges.




Software
IT companies suffer $60 million loss due to Chennai floods
IT companies suffer $60 million  loss due to Chennai floods - Times of India
According to Assocham, small and medium enterprises, engineering, textiles and tourism sectors have also been badly hit by the flooding.


Software
Facebook to provide customized advertising by partnering with telecom companies
Facebook to  provide customized advertising by partnering with telecom companies
Facebook has the capability of matching its data on customer behaviour and usage with that of the telecom operators.


Software
Micromax's annual revenue crosses Rs 10,000 crore mark in 7 years
Micromax's  annual revenue crosses Rs 10,000 crore mark in 7 years
Micromax has crossed Rs 10,000 cr in annual revenues during year to March 2015, and is now within striking distance of brand Sony in the Indian market.


Software
What does a $100-billion startup valuation reveal?
What does a $100-billion startup  valuation reveal?
CHICAGO — December 1, 2015–Basecamp is now a $100 billion dollar company, according to a group of investors who have agr…



Ecommerce
Flipkart appoints former Tata Communication's executive Sanjiv Saddy as senior VP of corporate affairs and business development
Flipkart appoints former Tata  Communication's executive Sanjiv Saddy as senior VP of corporate affairs and business development - Economic Times
Flipkart has appointed former Tata Communications executive Sanjiv Saddy as senior vice-president of corporate affairs and business development.

Ecommerce
Transport Corporation of India in pole position to gain from ecommerce boom, GST
Transport  Corporation of India in pole position to gain from ecommerce boom, GST - Economic Times
Its vast network of 1,400 branches, 10.5 million square feet warehouses and 9,000 owned and managed trucks makes it difficult to emulate.

Ecommerce
Myntras ad with Radhika Apte: Why it misses the real picture on maternity leave in India
Myntras ad with Radhika Apte:  Why it misses the real picture on maternity leave in India - The Indian Express
The ad highlights the issue of discrimination against pregnant women at the workplace, but the point made is for those from a privileged background, not the everyday woman.

Ecommerce
Facebook, WhatsApp most used apps in India; UC Browser ranks third: Report
Facebook,  WhatsApp most used apps in India; UC Browser ranks third: Report - IBNLive
Android owners in India and the US show big differences in usage of various mobile apps, with Indians far more likely to use utility apps, the mobile web and shopping apps


Franchise
Franchisee Journey: From busing tables in high school to franchisee with 32 Golden Corral restaurants
Franchisee Journey: From busing  tables in high school to franchisee with 32 Golden Corral restaurants - Entrepreneur
Eric Holm is part of Golden Corral's 'Helpings from the Heart' effort, which provides 20,000 meals to Central Florida residents.


Franchise
How franchising can help turn your dream of business independence into a reality
How franchising  can help turn your dream of business independence into a reality - Franchising USA Magazine
Click inside to read The True Story of Breaking into the Retail Market.



HR

HR
Mandating CSR spends akin to taxation: Ratan Tata
Mandating CSR spends akin to  taxation: Ratan Tata - Economic Times
Tata was speaking to reporters on the sidelines of an event to announce tie-up with online education platform Khan Academy.


HR
Need to Enhance Skill Devolopment, Says CM
KOCHI: The activities of ‘Naipunya’ (skill development), aimed at linking skills with labour, have instilled new hope among job-seekers, said Chief Minister Oom...


HR
How the state can foster innovation
How the state can foster  innovation - Livemint
Innovation requires sustained support, and short-term perspective for financial markets is not conducive for the growth of innovation-driven start-ups



Logistics
Services likely to get costlier on GST rollout: Experts
Services likely to get costlier  on GST rollout: Experts - Economic Times
The committee on the goods and services tax headed by Chief Economic Advisor Arvind Subramanian on Friday recommended a revenue neutral rate range of 17-18 percent for the proposed Goods and Services Tax (GST).


Logistics
Winter Session: Govt to push for passage of GST Bill this week
Congress on Saturday said its demand for inclusion of 18 per cent tax cap in the GST bill did not mean it is "non-negotiable" but refused to give a timeline on its passage, saying such important legislations "cannot be rushed through".


Logistics
Vintage Chevys and Fords treat for the eye at transport museum housing 75 vintage vehicles in Tauru, Mewat District
Vintage Chevys and Fords treat  for the eye at transport museum housing 75 vintage vehicles in Tauru, Mewat District - Hindustan Times
Fifty-year-old Tarun Thakral’s passion for motor vehicles has taken the shape of India’s first comprehensive transport museum in Tauru in Mewat district where around 75 vintage cars are on display.



Construction
Serious developers to enter affordable housing sector: Experts
Serious developers to enter  affordable housing sector: Experts - Economic Times
Brick Eagle Chief Executive Officer Rajesh Krishnan said the sector will see very serious developers who want to focus on delivery.


Construction
Office rents in Pune up 13 per cent on higher leasing, According to JLL India
Office rents in  Pune up 13 per cent on higher leasing, According to JLL India - Economic Times
Office rents in Pune have risen by 10-13 per cent in the last one year on higher demand for office space and subdued supply, according to property consultant JLL India.


Construction
Realty deals rise in West Bengal after Amazon plans to setup fulfillment centre
Realty deals  rise in West Bengal after Amazon plans to setup fulfillment centre - Economic Times
Amazon India set up its first fulfillment centre in the region, spread over 83,000 sq. ft. at Srirampore in Hooghly district in October.


Construction
GST, Real Estate Bills listed in Rajya Sabha
GST, Real Estate Bills listed in  Rajya Sabha - ET Realty
Being a Constitutional amendment, the GST Bill has to be approved by 2/3 majority in both Houses and half of the state assemblies. Lok Sabha has alrea..



Marketing
India's ad growth to remain steady in 2016 : says media agency
India's ad growth to remain  steady in 2016 : says media agency - Business Standard
Publicis Groupe agency ZenithOptimedia has said India will hold on to its advertising growth rate in 2016. This comes even as other emerging markets, notably China, Russia and Brazil, are slowing, the media agency said in its latest adex


Marketing

Marketing
Online Furniture Market in India Taking Baby Steps : Report
It was in the year 2014, when Ajit Shegaonkar had a terrible experience getting his personal wardrobe made. While running from branded stores for ready-made fur...


Marketing
EDEKA #heimkommen, Volvo #FMXtest 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 ending 4th December 2015. Laphroaig #OpinionsWelcome It really takes a bold client who is supremely confident of his product to invest in an idea which involves candid comments about the product - even negative ones.

 



Politics
From Hindutva to managing the Opposition: Modi needs to change the narrative in 2016
From Hindutva to managing the Opposition: Modi needs to  change the narrative in 2016
The much awaited intervention by Modi was welcomed by most but, the issue is how he would like the perception about his government to develop in the coming year.


Politics
Mulayam as PM and Rahul his deputy: Akhilesh’s formula for alliance with Congress
Mulayam as PM and Rahul his deputy:  Akhilesh’s formula for alliance with Congress
Uttar Pradesh Chief Minister Akhilesh Yadav on Friday suggested that an alliance with Congress is possible in an arrangement where Samajwadi Party supremo Mulayam Singh Yadav is the Prime Minister and Rahul Gandhi his Deputy.


Politics
#AwardWapsi sans the Heartbeat of Humanity
#AwardWapsi sans the Heartbeat of Humanity
The recent spurt of #awardwapsi has clearly exposed how selectively biased those so-called artistes are and how willfully they go astray from the path of integrity and values.


Politics
There's No Difficulty In Following Kejriwal's Even-Odd Car Scheme To Curb Pollution: CJI
There's No Difficulty In Following Kejriwal's Even-Odd Car  Scheme To Curb Pollution: CJI
New Delhi -- Chief Justice of India T S Thakur today virtually endorsed the AAP government's odd-even scheme for plying of private vehicles saying it can be followed if it helps in reducing the probl



Sports
Kidambi Srikanth goes down to Tommy Sugiarto in Indonesian Masters final
Kidambi Srikanth goes down to Tommy Sugiarto in Indonesian  Masters final
Kidambi Srikanth had come into the match with a 1-2 win-loss record against Tommy Sugiarto.


Sports
When it rains it pours for two-ton Ajinkya Rahane
When it rains it pours for two-ton Ajinkya Rahane
Over the last two years, Ajinkya Rahane has turned into a vital cog in this young Indian batting line-up.


Sports
Block by block, South Africa drag Kotla Test to Day 5
Block by block, South Africa drag Kotla Test to Day 5
After Ajinkya Rahane scores second ton of the game, Hashim Amla and AB de Villiers defend to take visitors to 72/2 in 72 overs.


Sports
Dipika Pallikal to contribute Rs 2 lakh to Chennai flood relief fund
Dipika Pallikal to contribute Rs 2 lakh to Chennai flood  relief fund
Dipika Pallikal was playing the Hong Kong Open when torrential rain wreaked havoc in the state capital.



Entertainment
Fan’s heartfelt love letter to Adele goes viral
Fan’s heartfelt love letter to Adele goes viral
A fan's Facebook love-letter to Adele has quickly gone viral, receiving over 46,000 likes in under 24 hours.


Entertainment
Los Angeles is suffocating: Chris Hemsworth
Los Angeles is suffocating: Chris Hemsworth
Chris Hemsworth says he found Los Angeles too "suffocating" and feels he had no choice but to move his family out to a quiet suburb near Melbourne, Australia.


Entertainment
I love my fans in India: Afrojack
I love my fans in India: Afrojack
DJ and producer Afrojack, who is currently touring India, says he loves playing for his fans in the country.


Entertainment
Activist seeks stay on release of Ranveer Singh, Deepika Padukone starrer ‘Bajirao Mastani’
Activist seeks stay on release of Ranveer Singh,  Deepika Padukone starrer ‘Bajirao Mastani’
Hemant Patil, president of a city-based NGO petitioned the HC seeking ban on 'Bajirao Mastani's release as it allegedly distorts history.




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