Wednesday, January 27, 2016

January 27, 2016 - Rocket Internet to shut Fabfurnish and Printvenue; looks to exit India: Reports

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
One can see the impact of Silicon Valley thinking on Vishal Sikka's efforts to reinvigorate Infosys. Design thinking and Zero Distance are noteworthy in emulating the Hipster-Hacker-Hustler mindset in Silicon Valley startups. Zero Distance is an Infosys initiative to get engineers closer to the customer and in utilizing their abilities to solve customer problems. Founders of some of the most successful Silicon Valley companies are hackers or engineers. Hackers there have a level of respect missing in the Indian IT Services industry, where everyone wants to become a people manager. Sikka is trying to change that at Infosys. While true hipsters (designers) are few and far between in India, encouraging his employees to employ design thinking is definitely a starting point. The hustlers (sales people) were already there at Infosys, now they need to work closer with the hackers and hipsters to sell innovative solutions to their customers - Comment


Digital
Rocket Internet to shut Fabfurnish and Printvenue; looks to exit India: Reports
Unable to exit from these two companies Rocket will shut them by the end of the current fiscal.

 


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Digital
Reshuffling at Apple's India business: Product divisions merged; roles of senior execs changed
Reshuffling at Apple's India  business: Product divisions merged; roles of senior execs changed
Apple India has merged its product divisions and split its business into two in line in a bid to significantly expand its market reach.


Digital
Net Neutrality: 700 Indian startups want PM Narendra Modi to speak up on the matter
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Digital
Chinese investors bet big on India, internet giants pour funds into digital startups
Chinese investors bet big on  India, internet giants pour funds into digital startups - Times of India
While China became India’s largest trading partner in 2008, investment flow from the country remained hostage to national security concerns.


Digital
Singapore-based VC firm Nalanda Capital ups stake in Just Dial for around $18 million
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Retail
German investor Rocket Internet may close down FabFurnish; looks for Indian partner
German investor  Rocket Internet may close down FabFurnish; looks for Indian partner - Economic Times
Rocket Internet is planning to pull the plug on two of its online businesses as it grapples with challenges facing its bouquet of ventures in India, including flagship Jabong.

Retail
The Insanely Complicated Logistics of Cage-Free Eggs for All
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Demand for cage-free eggs is soaring. But it took a long time to put hens in a cage. It’s going to take a while to figure out how to get them all back out.

Retail
With one step at a time, brothers Ajay and Vikram Shriram got back on track
Hindustan Times
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Retail
Luxury in India: Top 10 trends for 2016
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Telecom
It's time for India's Prime Minister to take a stand on net neutrality
It's time  for India's Prime Minister to take a stand on net neutrality - The Next Web
For the past few months, India's netizens have been embroiled in a fierce battle against telecom companies and Facebook to prevent them from ushering in an


Telecom
Cell wars: 4G force awakens
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Telecom
As mobile internet soars in India, so do valuations: Sequoia
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Telecom
How one billion mobile phones can change India
How one billion mobile phones  can change India - DailyO
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Finance
You can buy five state-run banks for $1.5 billion
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Finance
How business owners can create alignment among family members
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Family businesses that are able to foster solidarity, share a set of values, and are sensitive to changing equations are the ones that succeed


Finance
Strategic Debt Restructuring scheme: 'A solution, with its own problems'
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Finance
Oil is too high. Oil is too low. Which one is bad?
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Software
French IT major Capgemini dissolves $4bn worth iGATE brand
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Software
How US tech start-ups can succeed in India?
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Software
Apple's super-growth era falters : Sees first sales dip in more than a decade
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Software
PC makers like Dell, Lenovo and others seek differential duty on IT hardware
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Ecommerce
Paytm posts a loss of Rs 372 crore in the fiscal ended March 2015, compare to a profit of over Rs 5 crore the year before
Alibaba-backed digital payments and commerce platform Paytm posted a loss of Rs 372 crore in the fiscal ended March 2015, compared to a profit of over..

Ecommerce

Ecommerce

Ecommerce


Franchise
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Franchise
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HR
Make In India: Here's why you should go south, young businessman
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HR
10 global health issues to follow in 2016
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HR
India must train youth for constructive jobs: Diplomat
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HR


Logistics
SpiceJet Unveils Rs. 826 Offer Under 'India Will Fly' Sale
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Logistics
Corporatize Indian Railways; pay employees market-linked salaries, with similar culture of performance, work load,hiring and firing rules: think tank solutions
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Logistics
Milan-bound Air India flight forced to return to Delhi airport after smoke detected in cabin
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Logistics
India to install hotlines at 13 airports to deal with hijackings
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Construction
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Construction
Only 41,000 units of affordable housing sold
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Construction
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Construction
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Marketing
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Marketing
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Marketing
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Marketing
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Politics
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Politics
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Politics
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Sports
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Sports
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Sports
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Sports
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Entertainment
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Entertainment
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Entertainment
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