March 16, 2016 - Rumour has it Flipkart considered selling itself to Amazon

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Invite Friends Blog Sree Vijaykumar From the Editor's Desk One can evaluate the Kingfisher mess through two lenses - a business lens and a human lens. In the case of Vijay Mallya, it is extremely difficult to separate the two, because his personality and the Kingfisher brand have been intertwined for so long. He used the media attention to his business's advantage when times were good. Unfortunately, for him now, this means a trial by media, when things are down. The business issue is one of loan default and companies ranging from SBI to GMR are now filing cases against Kingfisher. The law should take its own course here. The fact that there are bigger defaulters who have not been brought to justice does not hold ground as an excuse to go easy on Kingfisher. Through a human (and moral) lens, throwing a birthday bash with 600 guests, when your employees have not been paid a salary for more than a year is something that is very tough to reconcile. The Indian business fraternity seems divided on their reaction to this situation. - Comment Digital Rumour has it Flipkart considered selling itself to Amazon Flipkart reportedly considered selling itself to Amazon, upending the notion that Indias largest online retailer would go full distance as an independent Internet giant. Advt: View your FREE Gartner presentation: How to Take a First Step to Advanced Analytics This presentation will provide you with the fundamental information you need to understand the requirements for getting started with advanced analytics, and planning for the new skills and tools needed. In this presentation Gartner Research Director, Lisa Kart will answer a number of key questions including: • What are best practices to get advanced analytics initiatives off the ground? • What are the choices for Hadoop architecture and deployment?   Digital After Rahul Yadav, another Housing.com's co-founder Advitiya Sharma set for his next ‘disruptive’ venture Co-Founder of realty portal looking at finance, education, clean tech   Digital Quikr-CommonFloor merger: A marriage that costs 150 employees their jobs CommonFloor had 1,000 employees around the time of the merger, while Quikr had 350 employees in its real estate division and its total employee count was 1,600. Advt: Improve your Strategic Plans using the Gartner Predicts tool. Last date for Early Bird Discounts for IODC 2016. Register Today! Gartner analysts share their top predictions for 2016 and beyond. As the digital wave advances, Gartner analysts discuss the future of I&O and its implications for end-user organizations and solution providers. Use Gartner Predicts as planning assumptions on which to base your strategic plans.   The Responsible Business Summit Asia 2016 - Empowering Suppliers & Engaging Customers Leverage value chain opportunities and minimise supplier risks to ensure business longevity. The Responsible Business Summit Asia 2016 will bring together leading supply chain, procurement and sustainability professionals to discuss and understand why value chain sustainability is vital for commercial growth. Digital CarDekho appoints ex-Yatra executive Pawan Chawla as IT head He has previously been associated with other leading organisations such as Bertelsmann Marketing and American Home Mortgage Servicing, heading their IT infrastructure. Digital Shopping app Shopsity in talks to raise $3 million to expand footprint At a time when e-commerce start-ups are struggling to hit profitability, Shopsi Digital Advertising tech startup Proximit raises Rs 1 crore via 1Crowd platform This is the crowdfunding platform’s first transaction. Retail 400 e-tailers team up with postal department for delivery More than 400 e-commerce companies are leveraging the extensive reach of the Department of Posts in an effort to deliver their consignments at every nook and corner. Retail As China's consumers tighten belts, retailers cut jobs, offer discounts China's consumption patterns are changing, with wealthy middle-class households trading down from up-market to more affordable brands, and poorer families paring back on even basic purchases. Retail Babas join queue to ape Patanjali: Sri Sri draws plan to fire up FMCG BSE FMCG index has lost over 11% in the past month, with many of its constituents falling as much as 23% as the competitive intensity from Patanjali grew. Telecom CAG Reveals Shocking Facts: Airtel, Idea, Vodafone, Reliance, Aircel, Tata Incur Rs 12489 Cr Revenue Loss to Govt. CAG has revealed shocking facts about top Indian telecom firms. As per initial reports, top 6 telecom companies have under-reported their revenues, due to which Indian Govt. suffered losses to the tune of Rs 12,489 crore. Telecom Trai may issue fresh paper on WhatsApp, Skype Telcos demanding OTT players to come under some sort of regulation as they are eating into their SMS and voice revenues Telecom Make in India: Homegrown telecom gear makers struggle for market access Domestic manufacturers complain that they have not been able to increase market access despite having cheaper products. Telecom India's leading telcos creating nation-wide professional pool of industry-ready telecom professionals India’s biggest GSM carriers such as Bharti Airtel, Vodafone India, Idea Cellular and Telenor amongst others, in turn, are working with the Telecom .. Finance Breaking the glass ceiling: Meet the female brigade that is leading the charge at SBI Arundhati Bhattacharya has been the face of not only the State Bank of India, but of the entire public sector. Finance How to choose real estate investments If you are considering investing in the realty sector to profit from capital value appreciation and rental income, you will have to choose between residential and commercial real estate Finance Scrapping Rs500, Rs1000 notes a costly idea An analysis of how much it costs RBI to print a new, high-value currency note, and impact on the exchequer if it is pulled out of circulation Finance Amazon applies for e-wallet licence, takes on Paytm, Flipkart Money ​Amazon plans to launch the digital wallet by mid-year but much will depend on RBIs nod, a person who familiar with the matter said Software With 3 months to go, IBM working hard to save $1-billion outsourcing deal with Vodafone India Vodafone is considering some options that may include parcelling out some portions of the contract to other service providers, they said. Software Can New-age IT skills double your pay? If you have some of the new-age tech skills, not only are you likely to be hired much faster, you could also earn far better salaries, according to data from Simplilearn, an online education provider of professional certification training. Software Virtual assistants like Apple’s Siri, Microsoft’s Cortana fall seriously short in a distress call Apple and Googles assistants offered a suicide hotline number in response to a suicidal statement; and for physical health concerns, Siri showed an emergency call button. Software How data overload could cost organisations up to $3.3 trillion by 2020? Organizations are creating and storing data at an ever-increasing rate due to a ‘data hoarding culture and an indifferent attitude to retention policy. Ecommerce Infibeam seeks up to Rs450 crore in first e-commerce IPO in India; fixes the price band at Rs360-432 per share and the public issue will close on 23 March Ahmedabad-based e-tailer has fixed the price band at Rs360-432 per share and the public issue will close on 23 March Ecommerce IFMR Holdings raises funds from Proparco to help the company tap a growth of around 50% this year The funds along with the previous fund raise would help the company tap a growth of around 50% this year Ecommerce Amazon India lines up a bundle of goodies online for the upcoming India Fashion Week that it is sponsoring Amazon has tied up with fashion designer Narendra Kumar Ahmed, PopXo.com and fashion bloggers for the event. Ecommerce E-commerce portal liable to fulfil offers Alexander, president of Uber’s Asia business, on the firm’s strategies and learnings from global markets Franchise Should you judge the success of a franchise business by its turnover or its profit? Too often in the Franchising world we define stores only by their turnover – that’s a million dollar store, that’s a high $800k store that’s a $1.3 million store. It seems that success is judged by the turnover that the store achieves. And rightly so! On a store that has a turnover in excess of … Franchise Identify the right mentor to help you make your business successful So you are looking for a business Mentor? What should you be looking for? Who is going to know what it is you need? These questions are important because over time, you build a real relationship with your Mentor. This is the person you are going to with your problems and they will see you … HR Coca-Cola gives voluntary retirement scheme to 65 employees at HCCB bottling plant This is possibly the largest number of employees that Coca-Cola has let go of in the country at any one given time, though the company did not confirm it. HR Women beat men in entry-level IT jobs India’s technology services sector is hiring more women but females still assume just a fraction of senior roles, according to a joint study by the industry’s trade group and PricewaterhouseCoopers LLP. HR RBS to cut UK jobs as it adds positions in India Royal Bank of Scotland plans to eliminate almost 500 UK-based jobs in its investment bank in an effort to cut costs, a source familiar with the matter said on Tuesday. The bailed-out lender will cut about 448 back- and middle-office positions that support trading functions and provide technology services, the source said. HR Xavient Information Systems to recruit 1000 employees in India in 2016 Since its inception in 2002, Xavient now has over 3,000 employees in India. The centers in India focus on development, testing and support services. Logistics The world's first solar airport no longer pays for electricity, more than 48,000 to 50,000 kw of power used daily, is the 7th busiest airport in India Three years ago, they began adding solar panels -- first on the roof of the arrivals terminal, then on and around an aircraft hangar. The success of those Logistics Bangladesh-India coastal shipping begins tomorrow, maiden voyage will be from Chhitagong to Krishnapanam | The Daily Star Bangladesh will be sending its first vessel to India under a coastal shipping agreement on Thursday. Logistics Delta Air Lines partnership to allow quick connection between KLM and Jet Airways In a bid to strengthen its presence in Asia, Atlanta, GA-based Delta Air Lines DAL has announced plans to introduce new flights to key markets like. Logistics Air India May Post Its First Operating Profit In 8 Years, crude has been a big supporter : Minister Minister of State for Civil Aviation told Rajya Sabha that Air India is expected to "post substantial improvements" as per the revised estimates of 2015-16. Construction Discoms backed by Reliance Infra under ‘huge financial stress’- Livemint The power discoms under BSES have outstanding dues to various generation and transmission firms of about Rs9,000 crore Construction 350 properties attached by North Delhi Municipal Corporation over tax dues All these properties are either commercial or come under mixed land use Construction Sanjay Seth elected as president of CREDAI Lucknow According to real estate regularity bill, new member will follow new parameters for work as it forms credibility among public Marketing Digital augments CIO-CMO equation in modern organisations : Chris Powell, Commvault Interview with , on Tape storage,Storage Management,Storage,.New age marketing tools empower us to deliver customised content and probably helps speed the decision making for buyers of enterprise IT, says Chris Powell, CMO at Commvault. Marketing Zee Media launches global English news channel WION : Report Zee Media Corporation Limited announced that it will be launching a television news channel called WION (World is One News) in the summer. The new channel will report global news and issues from a South Asian perspective. Initially, WION will be a mobile/digital first platform and later an in Marketing Here's How One Can Choose SEO As A Career In India : Report There are many living proofs that SEO is a viable career in India. Being in SEO industry from last 14 years I have seen growth and changes in Industry. SEO as a Profession is on huge growth and reorganization in most of the industries.   Marketing Lenovo to go aggressive to sustain India market share : Report The company, which acquired US smartphone maker Motorola, will position most of its devices in the affordable segment and aims to make a larger dent o.. Politics Trump Wants 'Smart' Indian Students In US To Stay Back, Start Companies, Employ People WASHINGTON -- Indians studying in American educational institutions should not be kicked out as the country needs smart people like them, Republican presidential front-runner Donald Trump has said as Politics This Shoaib Malik Vs Sania Mirza Ad Shows Exactly What An India-Pakistan Argument Is Like People on both sides of the border are waiting for March 19--that's the day India will play Pakistan in the ICC World Twenty20 tournament. But, just days before that, in an advertisement, Sania Mirza Politics My Father Is Not An Animal Abuser, Says Daughter Of BJP MLA Accused Of Crippling Horse On Monday, reports emerged that a Bharatiya Janata Party (BJP) MLA in Uttarakhand flogged a police horse with a lathi, causing multiple fractures on the animal’s leg during a protest that turned Politics In Assam, Congress Is Appropriating Kanhaiya Kumar NEW DELHI -- Since Kanhaiya Kumar made his fiery speech on March 3, political parties have been lining up to stake claim to his ideology, his oratory skills, and even his signature catchword. Th Sports NZ spin trio routs India on raging turner New Zealand gambled with three spinners, leaving out Tim Southee and Trent Boult, and the ploy worked so well that they toppled tournament favourites India by 47 runs Sports 'We can surprise people': Waqar Younis Pakistan coach Waqar Younis has asked his players to put their poor form in the past and insisted that T20 is a format where a player is only one innings away from striking form Sports Mashrafe hoping for strong Kolkata support If there is one venue in the world that could be home from home for Bangladesh, it is the ground they will begin their Super 10s on Wednesday Sports Sammy's ensemble ready to back up Gayle West Indies captain Darren Sammy has backed his batting line-up to come good in support of their star man, opener Chris Gayle Entertainment ‘Kadhalum Kadhandu Pogum’ strikes gold at the box office Vijay Sethupathi-starrer Tamil romantic comedy "Kadhalum Kadhandu Pogum" has raked in Rs.8.1 crore in its opening weekend in Tamil Nadu. Entertainment Mother of cancer patient writes thank you letter to Harry Potter author JK Rowling Mother of a young cancer patient has thanked Harry Potter author JK Rowling in a letter for helping her daughter through the treatment. Entertainment Was starstruck on meeting Matthew McConaughey, Salma Hayek: Parineeti Chopra Parineeti Chopra says she was "starstruck" upon meeting Matthew McConaughey and Salma Hayek in Dubai. Entertainment Sushant Singh Rajput is the perfect actor to play MS Dhoni: John Abraham John Abraham is keenly awaiting the release of sports biopic of his close friend cricketer MS Dhoni and feels Sushant Singh Rajput is the best choice for the 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