February 12, 2016 - Twitter failed to attract new users. Monthly user base still 320 million, but Q4 revenue up 48%

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Invite Friends Blog Sree Vijaykumar From the Editor's Desk The recent Retail Leadership Summit started off with a bang, as famed investor Rakesh Jhunjhunwala almost 'ragged' Sachin Bansal of Flipkart on the issue of a sustainable business model for e-commerce companies in India. While Sachin was mostly cool and measured in his responses, the suggested path to profitability goes back to an old adage in retail - The customer chooses you for one or more of 3 things: Convenience, Assortment (Selection), Price. While pricing may be the primary differentiator today, it's likely that a unique and wide assortment (only available on Flipkart) becomes the differentiator tomorrow. This is especially possible online, where a long tail of products can be sold without the overheads of a brick and mortar operation - Comment Digital Twitter failed to attract new users. Monthly user base still 320 million, but Q4 revenue up 48% Microblogging site Twitter Inc’s user base showed no sign of growth in the fourth quarter of 2015 with the total average monthly active users (MAUs) at the Q3 figure of 320 million, raising concerns about its ability to attract new users despite ushering in new features to make it more engaging. Complimentary Report : IBM Digital Experience - Exceptional digital experiences are redefining the ways we live and work Users - both individual consumers and business users--simply assume that their online experiences will be rich, engaging, personal and available from wherever they choose. Digital Paytm to invest Rs 500 crore to increase its logistics network in India Paytm, a payment wallet to ecommerce company, plans to more than double its investment in warehouses or fulfilment centres. Digital TRAI recommends licence amendment to facilitate Net calls The Telecom Regulatory Authority of India (TRAI) has recommended amending the   Love news? Get it all at one place! Coming Soon This time it's not personal! Digital Facebook pulls Free Basics out of India Social networking giant Facebook has pulled out its Free Basics programme from India Digital On-demand logistics aggregator Zippon closes operations due to funding crunch Zippon.in, an on-demand logistics aggregator for relocation services, has shut shop as it could not raise fresh funding after a proposed deal to sell out to a larger rival fell through at the eleventh hour. Digital Morpheus Capital founder Balu Nayar quits to join NextGen as co-founder Nayar had designed the Indian Premier League while he was MD at IMG India. Retail Permitting FDI in e-commerce retail to impact small biz: CAIT Traders body CAIT said it is opposed to any move of permitting foreign direct investment in e-commerce retail sector. CAIT said it will impact small businesses. Retail SC rejects Reckitt Benckiser ad claims for Moov; Emami wins disparagement case The Supreme Court has upheld Kolkata-based consumer goods firm Emami’s allegations against Reckitt Benckiser (RB)'s ad for its pain balm Moov. Retail Technology will soon disrupt fashion in a big way: Mukesh Bansal's Q&A at Kstart launch Just days before Mukesh Bansal officially announced he was leaving Flipkart to take a break and move on to his next venture, he interacted with young entre Retail Paytm to double investment in logistics network to Rs 500 crore Paytm, a payment wallet to ecommerce company, plans to more than double its investment in warehouses or fulfilment centres. Telecom After severe backlash & TRAI snub, Facebook Shuts Down Free Basics in India Facebook has shut down its controversial Free Basics project in India, days after a Telecom Regulatory Authority of India (Trai) ruling barred operators from charging different rates for Internet access based on content, dealing a blow to Facebook's Free Basics and other such plans.   Telecom India's mobile market surpasses 1 billion subscriptions: Ovum Towards the end of 2015, India reached 1 billion mobile subscriptions, joining its northerly neighbor China by becoming only the second member of the 1 billion club, according to global analyst firm Ovum.   Telecom India added 4.86M active mobile connections in November'15; RCOM Loses 4.60M According to the Indian telecom regulator TRAI, India added 4.86 million “active” mobile connections during the month of November 2015. The Active connection data represents peak VLR (Visitor Location Register) data for the month. Some stats: – There were 907.09 million active connections Telecom Trai suggests licence change to facilitate internet calls Network of all telecom firms is inter-connected, which is vital for completion of calls or sharing of messages through mobile or landline phones Finance Arundhati Bhattacharya says she will continue to helm State Bank of India State Bank chairman Arundhati Bhattacharya made it clear that she will continue to head the country's largest bank and quelled rumours about her heading Sebi. Finance FIIs will continue to sell in India: Rashesh Shah, Chairman, Edelweiss Group The first six months of the year are a good time to buy SIPs and FIIs will continue to sell in India, says Rashesh Shah, chairman, Edelweiss Group. Finance Situation in Europe, US threat to banking system in India: Ajay Srivastava, Dimensions Consulting In a chat with ET Now, Ajay Srivastava, CEO, Dimensions Consulting, says long-term investors, must ignore these markets for now Finance Premji Invest buys 8% of L Capital stake in Fabindia for around Rs 360 crore L Capital, the private equity arm of leading luxury goods conglomerate LVMH is exiting Fabindia Overseas with more than 100% returns in about 3 years Software Wipro acquires US-based healthcare technology services firm HealthPlan for $460 million Weeks after Abidali Neemuchwala took over as chief executive and internally laid out a vision to make Wipro a $15-billion company by 2020. Software Is Indian startup space going bust anytime soon? Data shows that venture capital funding to Indian ventures doubled in 2015. Software Facebook pulls the plug on Free Basics in India The development comes on the back of Reliance Communications' decision to make Facebook's Free Basics platform a paid one. Software Twitter's CEO Jack Dorsey making big product changes against user interest Analysts say Twitter's stock price, which has reached record lows, is unlikely to rise until the company shows significant user growth. Ecommerce Amazon buys 26% in Tata's publishing house Westland to support the company's expansion globally and enter new business formats Global ecommerce giant Amazon has bought a 26% stake in Westland a publishing house under Tata Groups Trent to support the companys expansion. Ecommerce Doesn't matter how many Bansals Flipkart loses, what matters is what the remaining ones do next By Abhishek Chhajlani Silence before the storm, or arrogance before a sinking Titanic! The startup race is cruel, it’s punishing and it’s black and white. - Firstpost Ecommerce Premji Invest buys 8% of L Capital stake in Fabindia for around Rs 360 crore; deal would value Fabindia at about Rs 4,500 crore L Capital, the private equity arm of leading luxury goods conglomerate LVMH is exiting Fabindia Overseas with more than 100% returns in about 3 years Ecommerce Opera plans to provide subscription based, differentially priced app store globally Norwegian browser company Opera has launched Opera Apps Club globally, a subscription service that allows users download unlimited curated set of apps, reports Franchise Franchisee Journey: From 8 years playing professional football in the NFL to multi-unit franchisee with McDonald’s Former NFL Cornerback Franchise Learn why your franchise agreement is unfair Why Franchise Agreements Favour the Franchisor by Mark Sherry, Harmans Lawyers HR Global War for Talent: Time to React Enterprises are facing global competition for talent not only in engineering and math but also in business transformation. How can they attract the best and the brightest? An expert panel debates at NASSCOM 2016. HR Start-ups have limitations in traditional business, says Capgemini India CEO We are trying to build capabilities around innovation, client experience and leadership, says Patrick Nicolet, member of the Capgemini group management board HR Wynne's trade mission to India generates 150 new jobs Toronto, February 12 (CINEWS): Here’s what came out at the end of the ten day, 72- member... HR Gamification Market Worth 11.10 Billion USD by 2020 PUNE, India, February 11, 2016 /PRNewswire/ -- According to a new market research report Logistics Railways go Digital: 3 applications launched for Indian Railways by Suresh Prabhu, handheld terminals for TTE's, and 'utsonmobile' a paperless unreserved mobile application and facility for e booking Under the Digital India programme, 3 applications were launched today that includes handheld terminals for Indian Railways travelling ticket examiners (TTEs), a paperless unreserved ticketing mobile application and a facility for E-booking of disposable linen on trains were launched by Railways Minister Suresh Prabhu on Wednesday. Logistics Big infra boost: Abu Dhabi keen to invest Rs 35000 crore on 50 Indian highway projects Under the TOT model, roads already built by the National Highways Authority of India (NHAI) are awarded to the private sector in lieu of an upfront fee. Logistics AirAsia India chief Mittu Chandilya quits in March, Tony Fernandes to run India ops New executive from AirAsia India’s parent airline is likely to take over in next two to three months Logistics India's Ennore port to get container terminal, USD 1.2 billion to be invested in 5 projects that will add the first container terminal and double capacity in next 3 years Kamarajar Port Limited, which runs the port at Ennore in the state of Tamil Nadu on India’s eastern coast, is investing close to $1.2 billion in five projects that will add its first container terminal and nearly double capacity over the coming three years. Construction Second consecutive quarterly loss for Jaypee Infratech The company posted a net loss of Rs20.7 crore in the quarter ended 31 December, as compared with a profit of Rs96.9 crore in the year ago quarter Construction GMR Infrastructure posts Q3 loss at Rs 379 crore Net sales rose 29.8% to Rs3,540.84 crore as compared to Rs2,727.83 crore a year ago Construction Noida home-buyers distressed over delayed completion certificates "Last year, the builders had promised that completion certificates would be secured within December, but even by February, nothing seems to have moved.. Construction 'Smart City' project for Indore to be launched by Venkaiah Naidu Lok Sabha Speaker and local MP Sumitra Mahajan, Madhya Pradesh chief minister Shivraj Singh Chouhan will be present on the occasion, an official said Marketing Facebook did not get its 'free basics' campaign right : Brand consultants FB failed to gain enough public support, win over the government or convince Trai, which ruled against discriminatory pricing for data services. Marketing It’s official, OYO Rooms acquires rival Zo Rooms : Report Branded budget hotel rooms aggregator OYO Rooms has bought out its rival Zo Rooms. Talks of the acquisition were in the air since December 2015, but a quarterly presentation by SoftBank confirmed the deal. Earlier in the week, NextBigWhat pointed out that Zo Rooms website and mobile app were Marketing India is new battlefield for Chinese and American investors : Report Expanding partnerships with original equipment makers in India, investing in local companies and striking content partnership deals here are key priorities. Marketing The Indian automobile market : Big is in Even as policymakers try to discourage gas-guzzling, smoke-emitting vehicles with tougher emission norms, car makers pitch big cars with powerful engines to aspirational young consumers eager to explore the great outdoors Politics Kejriwal’s odd-even formula isn’t about pollution; it’s about unleashing a class war There is no conclusive evidence that odd-even formula has reduced pollution in Delhi, but it has surely contributed to the class war Politics The Soldier In Lance Naik Hanumanthappa Remains Immortal, Says Prime Minister NEW DELHI -- Prime Minister Narendra Modi today condoled the demise of Lance Naik Hanamanthappa Koppad, who was extricated alive six days after an avalanche hit his post in Siachen Glacier, saying he Politics Ishrat Jahan: The inconvenient story no one wants to tell Firstpost has obtained 26/11 perpetrator David Headley’s testimony to the FBI, which shows he was told Ishrat Jahan was a suicide bomber. The UPA government has hidden this and other part of the story even as a CBI probe seeks to indict the highest leadership of India’s intelligence in the 'encounter killing'. - Firstpost Politics Catch them young: How the Sangh Parivar is vigorously trying to attract India’s youth With India’s demography heavily tilting towards youth, the Sangh Parivar seems to be doggedly pursuing the agenda of expanding it base. Sports World T20: West Indies on the cusp of sending a second-string team The prospect of sending a second-string team increased after the players' request to double the remuneration package in the tournament wasn't entertained. Sports Paris St Germain extend Laurent Blanc’s contract until 2018 The Frenchman's original contract was up this summer but now has been extended to give him more time to bring the club European glory. Sports Usman Khawaja’s ‘heartiest’ welcome to Adam Zampa Adam Zampa made his debut against New Zealand n the second ODI of the three match series which the Kiwis won 2-1. Sports Ind vs SL, T20I: It’s cash in or crash out for Dhoni’s men India would believe the Pune defeat was an anomaly and not a pattern as they fight to keep the series alive in Ranchi. Entertainment Berlinale kicks off: Clooney, refugees take centrestage Clooney has been fielding all kinds of questions — the admiring fan kinds where the questioner gushes before actually asking something, and the slightly spikier ones. Entertainment Gulzar, Shabana Azmi, Imtiaz Ali to take part in Urdu fest Gulzar, Javed Akhtar, Mahesh Bhatt, Shabana Azmi, Imtiaz Ali, are set to bring alive Urdu's timeless splendour. Entertainment Anurag Kashyap, Nandita Das, Sudhir Mishra look forward to next edition of IFFLA Anurag Kashyap, Nandita Das and Sudhir Mishra have lauded the fest for putting Indian independent cinema on the global map with IFFLA. Entertainment Maharashtra Governor applauds ‘Chalk N Duster’ Maharashtra Governor Ch. Vidyasagar Rao has appreciated actresses Juhi Chawla and Shabana Azmi-starrer drama movie “Chalk N Duster”, calling it a “thought-provoking film”. 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