Thursday, February 18, 2016

February 18, 2016 - India Post surpasses SBI on digital connectivity even before its payments bank launch

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Blog
Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Among the innovations highlighted at the Make in India week is an interesting little robot from the Tata stable, for SME automation. Named Tata Brabo, it includes a couple of variations, including one that can pick and sort based on the colour of the object. I can imagine applications in all sorts of SME manufacturing, warehouses, retail, etc. Even more interesting is the price point, just Rs 3 lakhs. Some might even decide to buy it as a hobby robot. Now, if only I can train it to bring me my beer from the refrigerator! - Comment


Digital
India Post surpasses SBI on digital connectivity even before its payments bank launch
India Post surpasses SBI on  digital connectivity even before its payments bank launch - YourStory.com
There are over 1.50 lakh post offices across the country, of which 1.25 lakh are in rural areas.


Advt:The Rise of Multi-Talented Freelancers
Payoneer
A freelancer in 2016 must wear many hats. A freelance marketer for example, should have impeccable writing, PR experience, social media proficiency, and preferably some SEO skills

Digital
Tiger Global invests Rs 66 crore for 16.5% stake in digital video content The Viral Fever
Tiger Global invests Rs 66  crore for 16.5% stake in digital video content The Viral Fever
Tiger Global, through Internet Fund III, is picking up a 16.6% stake in the company which would value it at nearly Rs 400 crore.


Digital
Video analytics startup Vidooly acquires social TV firm iCouchApp
Video analytics startup Vidooly  acquires social TV firm iCouchApp
Hyderabad, 17 February Noida-based video analytics startup, Vidooly, has acquired over-the-top (OTT) content company iCouchApp, also from Noida, for an undisclosed amount. As part the deal, all the assets and intellectual property of iCouchApp,


Complimentary Report : IBM Digital Experience - Exceptional digital experiences are redefining the ways we live and work
ibm
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
Dino Morea, Sujal Shah fund yet-to-launch networking app Unlaze
The app will be unveiled by February-end.


Digital
Twitteraties applaud new search function with moving images
Twitteraties applaud new search  function with moving images
Twitter Inc's introduction of a search function for moving images commonly used on social media prompted users of the website on Wednesday to tweet their own pictures expressing enthusiasm over the feature.


Digital
Local services aggregator LocalRamu raises seed round from individual investors
Local services  aggregator LocalRamu raises seed round from individual investors
Bangalore-based LocalRamu, which is a mobile based aggregator for local service providers, has raised an undisclosed amount of funding from …


Retail
Amazon, Flipkart roll out seller service on same day
Amazon, Flipkart roll out  seller service on same day - Business Standard
Both the services are focused on small and medium enterprises (SMEs)

Retail
Here's How Alibaba Plans To Take On Amazon In India
Here's How Alibaba Plans To  Take On Amazon In India - Forbes
Several Indian eCommerce players are rapidly raking in investments, with India's number 2 (Snapdeal) receiving 200 million dollars in funding. Market leader Flipkart is also mentioned in the local media.

Retail
Future Group ties up with Oxigen to boost Big Bazaar Direct
Future Group is looking at such partnerships to increase its reach in the interiors

Retail
Weekly sales jumping post Patanjali products entry: Future Group
Weekly sales  jumping post Patanjali products entry: Future Group - Moneycontrol.com
Kishore Biyani, founder and chief executive officer (CEO) of Future Group, says Oxigen Wallet's franchisees will assist Big Bazaar Direct's retailers and he expects 10,000 franchisees to be live in the next 12 months post tie-up.


Telecom
Bringing the next billion online: how net neutrality and internet access for all can coexist
Bringing the next billion  online: how net neutrality and internet access for all can coexist - Catch News
Almost a billion Indians aren't on internet. There are solutions other than Free Basics, says SaveTheInternet


Telecom
Department of Telecommunications may get revenue of Rs 49200 crore from spectrum auctions
Department of  Telecommunications may get revenue of Rs 49200 crore from spectrum auctions - Economic Times
Spectrum auctions, including an instalment payable from the 2015 sale, are expected to be the largest contributor with projections ofRs 25,486 crore.


Telecom
Reliance Jio's 4G likely to give average speed of 17.34 Mbps on the downlink
According to media reports, Jio Infocomm has built India’s largest greenfield 4G network, installing 90,000 eco-friendly cell towers and 2.5 lakh route km of fiber optic cables and it aims to enable each Indian to live a digital life. (Reuters)

 


Telecom
Idea Cellular selects Ericsson to deploy 4G/LTE network across select Indian telecom circles
Ericsson has been selected by Idea Cellular, the 3rd largest mobile services operator in India, with over 170 million subscribers, to deploy a 4G/LTE network and to transform its existing 2G and 3G networks.

 



Finance
ICICI Bank looks to cut lending risks
ICICI Bank looks to cut lending  risks - Livemint
India’s biggest private-sector bank plans to lend more to retail customers, go slow with corporate loans in efforts to reduce ‘concentration risk’


Finance
Tiger Global invests $10 million in online videos creator The Viral Fever
Tiger Global  invests $10 million in online videos creator The Viral Fever - Livemint
Tiger Global has picked up close to 25% stake in Contagious Online Media Network, valuing it at around Rs270 crore


Finance
Local airlines to govt: Don’t raise foreign investment ceiling
Local airlines to govt:  Don’t raise foreign investment ceiling - Livemint
Airlines expressed reservations against the proposal for auctioning of bilateral rights


Finance
Foreign investors keen on Indian banks' AT-I bonds: NS Venkatesh, IDBI Bank
NS Venkatesh, executive director and CFO, tells Bhavik Nair in an interview that the lender is likely to be the first bank in the country to issue such an instrument in the offshore markets and AT-I bonds are finding interest from foreign investors.




Software
Infosys aiming to achieve its ambitious target of $20 bn sales by 2020
Infosys aiming  to achieve its ambitious target of $20 bn sales by 2020 - Livemint
Firm eyes acquisitions to boost revenue, sees significant business from big data platforms and Internet of things


Software
Amazon continues to invest in India : Will acquire Indian payments startup Emvantage
Amazon continues to invest in  India : Will acquire Indian payments startup Emvantage - GeekWire
Amazon will acquire startup Emvantage for an undisclosed amount to develop its Indian e-commerce site’s payment platform. In a press announcement, Amazon..


Software
Why are IBM India's profit declining, while revenue touches $3.5 billion?
Why are IBM  India's profit declining, while revenue touches $3.5 billion? - Economic Times
IBM India, which is headed by company veteran Vanitha Narayanan, also forecast that it would continue to post healthy growth in the near term.



Ecommerce

Ecommerce
Launch of RuPay credit cards off till June as its promoter, National Payment Corporation of India (NPCI), is updating its technology
Launch of RuPay credit cards  off till June as its promoter, National Payment Corporation of India (NPCI), is updating its technology - Economic Times
NPCI plans to tie up with 5-6 banks for the launch of its credit card operations and will later expand services to other banks

Ecommerce
Craftsvilla.com aims to grow their vendor base by 10% in the first quarter of 2016, plans to acquire a minimum of 1000 deprived artisans from rural India
Craftsvilla.com aims to grow  their vendor base by 10% in the first quarter of 2016, plans to acquire a minimum of 1000 deprived artisans from rural India - Economic Times
The firm is focusing on targeting a minimum of 1000 artisans over the next 6-9 months, mainly women artisans in Kutch, to tribal artisans in Chattisgarh, West Bengal.

Ecommerce


Franchise
Franchisee Journey: From partners in life to partners in franchise business with Orangetheory Fitness studio
Franchisee Journey: From  partners in life to partners in franchise business with Orangetheory Fitness studio - Entrepreneur
Travis and Becky Renner have survived the struggles of being both married and business partners in their pursuit to bring a cutting-edge workout program to communities in Arizona and Kansas.


Franchise
Don’t get too involved in reviewing marketing material and franchise documents before pondering on these points
Editorial regarding will your franchise be competitive on 5 years by Rob Graham CEO Consulting



HR
Majority CEOs unwilling to share cybersecurity information with outsiders
Majority CEOs  unwilling to share cybersecurity information with outsiders - ZDNet
Some 55 percent of CEOs acknowledge industry collaboration is necessary in fighting cybercrime, but only 32 percent are willing to share their company's data on cybersecurity incidents with others.


HR
Alwar Rajagopalan Named President of Time Inc. India
Time Inc. (NYSE:TIME) has named Alwar Rajagopalan President of Time Inc. India. Rajagopalan, a finance and accounting veteran and former Vice Presiden


HR
Apple to open first development centre in Hyderabad
Apple to open first development  centre in Hyderabad - India Today
This is the first offshore centre of Apple.


HR
Young Saudis see cushy jobs vanish as oil prices plunge
Young Saudis see cushy jobs  vanish as oil prices plunge - Times of India
With oil revenues crashing and the numbers of young people reaching the workforce growing by the day, jobs have become harder to get as the government cuts costs and pushes Saudis toward the private sector, where job security and salaries are lower on average.



Logistics
Government to develop Mumbai Port Trust land on its own, also 1,300 Islands of India as tourist destinations: Nitin Gadkari
Government to develop Mumbai  Port Trust land on its own, also 1,300 Islands of India as tourist destinations: Nitin Gadkari - Times of India
Under the proposed plan, the government is looking to develop 3-4 towers exclusively for financial institutions, a convention centre, marina.


Logistics
Federation of Indian Airlines register protest with MoS-PMO Jitendra Singh against thje 5/20 rule and auction of bilateral rights
Federation of Indian Airlines  register protest with MoS-PMO Jitendra Singh against thje 5/20 rule and auction of bilateral rights - Economic Times
The delegation members included IndiGo promoter Rahul Bhatia and President Aditya Ghosh, SpiceJet CMD Ajay Singh and GoAir MD Jeh Wadia.


Logistics
Panel at Make in India says GST will ease in doing business
A good law is being held hostage by its makers


Logistics
NHAI: new road projects spanning 50,000 km involving investments over $250 billion planned over the next 5/6 years

The private sector will play a huge role in achieving this target, says Raghav Chandra, chairman of NHAI

 



Construction
Godrej Properties in talks with APG for new realty platform
Godrej Properties in talks with  APG for new realty platform - ET Realty
The parties plan to launch a joint platform which will invest around Rs 1850-Rs 1900 crores in residential projects in the tier-1 markets


Construction
Delhi-Mumbai corridor plots to be allotted by September
Delhi-Mumbai corridor plots to  be allotted by September - ET Realty
The project aims to create industrial zones spanning across six states, which is expected to spur economic development in the region and develop indus..


Construction
CBRE Wishlist for Budget 2016: Exempt REITs from DDT, stamp duty
CBRE Wishlist for Budget 2016:  Exempt REITs from DDT, stamp duty - ET Realty
Government has introduced REITs to attract funds in a transparent manner into the realty sector but there has not been a single REIT listing till date


Construction
Ratio of owned to rented houses is low for India
Ratio of owned to rented houses  is low for India - ET Realty
Amid the growth of urbanisation, the housing shortage in India has touched 18.78 million units. Approximately 56% of households in urban India now have four or less members, which is a marked change in Indian housing sector in the past 10 years..



Marketing
10 content marketing trends to watch this year : Report
10 content marketing trends to  watch this year : Report - Mumbrella Asia
In this guest post that first appeared on LinkedIn, Josh Black ponders on the content marketing trends that will emerge this year in Asia Pacific. I think it would be fair to say that almost everyone working in the content marketing is looking ahead, but very few understand where it is all really heading. If …


Marketing
Soho Square gets mandate for Bisleri's new drinks : Report
Soho Square  gets mandate for Bisleri's new drinks : Report - Livemint
Bisleri’s four new soft drinks—Spyci, Limonata, Fonzo and Pinacolada—will be managed by Soho Square Mumbai office


Marketing
India's inclusive digital economy is on top gear : Beyond Cash- Businessinsider India
India's inclusive digital  economy is on top gear : Beyond Cash- Businessinsider India
Digital finance tools such as digital payments can help alleviate poverty in a number of ways.


Marketing
For Cadbury, Even Puppets Can't Resist the Silk : Report
How many of your friends love chocolates and fight for even a bite of it? 99 percent, right? And the rest of them are not invited for your everyday chocolate parties. Isn't it?

 



Politics
'We Can't Be Mouthpiece Of Such A Government': Three JNU ABVP Leaders Resign
'We Can't Be Mouthpiece Of Such A Government': Three JNU ABVP  Leaders Resign
In a surprise twist to the charged atmosphere surrounding the JNU sedition case, three office bearers of BJP's student wing Akhila Bhartiya Vidhyarthi Parishad (ABVP) have quit, saying, "we can't


Politics
Patel quota stir leaders unbend, tell Gujarat CM they are ready for talks with government
Patel quota stir leaders unbend, tell Gujarat CM they  are ready for talks with government
Fathers of three Patel youth leaders — Dinesh Bhamaniya, Chirag Patel and Ketan Patel — submitted the letter expressing their willingness to talk.


Politics
JNU Crisis: Commentary On The JNU Crisis, Free Speech And Sedition
JNU Crisis: Commentary On The JNU Crisis, Free Speech And  Sedition
NEW DELHI -- The Jawharlal Nehru University crisis has sparked debate on the red line for free speech in India, and at what point does a student voicing dissent become a "traitor." The natio


Politics
Sedition case: JNUSU president Kanhaiya Kumar ‘badly beaten up’, sent to Tihar Jail for 14 days
Sedition case: JNUSU president Kanhaiya  Kumar ‘badly beaten up’, sent to Tihar Jail for 14 days
JNU student leader Kanhaiya Kumar, arrested for sedition, was on Wednesday sent to judicial custody till March 2 while the Supreme Court made Delhi Police Commissioner B.S. Bassi personally responsible for his safety after being told that he was "badly beaten up" while being brought to court premises.



Sports
Happy Birthday AB de Villiers: Top 10 quotes on Mr 360
Happy Birthday AB de Villiers: Top 10 quotes on Mr 360
AB de Villiers turned 32 today and has earned praise over the years for his strokeplay and ability to take his respective side to victory.


Sports
The king of Europe: The stats behind Ronaldo's phenomenal Champions League record
The king of Europe: The stats behind Ronaldo's phenomenal Champions League  record
Cristiano Ronaldo continued his incredible Champions League record by scoring against Roma on Wednesday - check out the stats behind his superhuman feats


Sports
Too early to make call on Rio partner, says Sania Mirza
Too early to make call on Rio partner, says Sania Mirza
Asked about her preparation for Rio Games, Sania Mirza said she is at the moment focused on tournaments preceding the mega event.


Sports
Rupinder Pal Singh hits form, Delhi make HIL semifinals
Rupinder Pal Singh hits form, Delhi make HIL semifinals
Rupinder Pal Singh scores two penalty corners to help Delhi Waveriders beat Kalinga Lancers 6-0, make HIL semi-final.



Entertainment
Kapoor Sons song Kar Gai Chull released: Alia Bhatt, Sidharth Malhotra dance carefree
Kapoor Sons song Kar Gai Chull released: Alia  Bhatt, Sidharth Malhotra dance carefree
The young and ever energetic actress Alia Bhatt is seen dancing carefree, while Sidharth Malhotra is seen looking at her with love filled eyes in Kar Gai Chull.


Entertainment
Aamir Khan applauds Nana Patekar’s ‘Natsamrat’
Aamir Khan applauds Nana Patekar’s  ‘Natsamrat’
Aamir Khan has given the thumbs up to Mahesh Manjrekar's Marathi film “Natsamrat”, starring Nana Patekar in the lead.


Entertainment
Bollywood goes ga-ga over Sonam Kapoor's Neerja
Bollywood goes ga-ga over Sonam Kapoor's Neerja
The film had a special screening for Bollywood celebrities on Monday night and they later took to Twitter to appreciate the film.


Entertainment
Shah Rukh Khan walks down memory lane as he collects his bachelor’s degree after 28 years in Delhi
Shah Rukh Khan walks down memory lane as he collects his  bachelor’s degree after 28 years in Delhi
On Tuesday evening actor Shah Rukh Khan collected his degree from Rama Sharma, Principal, at Hansraj College.






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