April 5, 2016 - 13-year-old creator of Odd-even.com Akshat Mittal sells his company to car pool app Orahi.com

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Invite Friends Blog Sree Vijaykumar From the Editor's Desk Are smart people better off with fewer friends? Evolutionary psychologists Satoshi Kanazawa and Norman Li theorize that situations and circumstances that would have increased our ancestors' life satisfaction in the ancestral environment may still increase our life satisfaction today - the savanna theory of happiness. This explains how residents of rural areas and small towns are happier than those in suburbs, who in turn are happier than those in large cities. But there is one big exception. For more intelligent people, these correlations were diminished or reversed. When smart people spend more time with their friends, it makes them less happy. One explanation is that these people are less likely to spend time socializing because they are focused on some other longer term objective, which gives them more happiness - Comment Digital 13-year-old creator of Odd-even.com Akshat Mittal sells his company to car pool app Orahi.com The site was developed and launched in Dec 2015 by the standard 9 student anticipating the odd-even vehicle rule implemented by the Delhi govt in Jan this year. Advt: The Power of a Great Digital Hospitality Experience A tsunami of game-changing digital disruptors has swept into the hospitality industry, raising the stakes in delivering the supreme guest experience. Join Chinmai Sharma, Chief Revenue Officer, Taj Hotels Resorts and Palaces, at Adobe Symposium to get insights into how Taj Hotels plan to bring alive experiences directly from each of their fantastic hotels to screens around the world with breathtaking velocity. Complimentary Registration (for TradeBriefs subscribers).   Digital Housing.com raises funds from ex-99Acres.com head Vineet Singh Online real estate platform Housing.com today said former business head of 99Acres.com Vineet Singh has invested in the company. Digital Fresh regulation: No surge pricing by taxi-hailing apps like Ola, Uber in Karnataka The fare cannot be higher than what has been fixed by the government from time to time. Which means these firms must charge a fare within a band, the upper limit of which is capped. Advance to a Proactive I&O Organization in Four Steps Advancing I&O maturity increases the value that I&O delivers. This essential piece of Gartner research shares 4 easy steps to advance your I&O organization. Digital Xiaomi makes its first investment in India. Leads $25 million funding in Hungama Digital Xiaomi’s first investment in India and marks its strategy to introduce localized Internet services and content on its smartphones in the country Digital E-commerce firm Infibeam lists on stock market with gains Infibeam Incorporation Ltd, the parent of horizontal e-commerce platform Infibeam and e-commerce enabler BuildaBazaar, made its stock market debut with gains on Monday, defying naysayers after its initial public offering (IPO) sailed through without bells and whistles last month. The issue, t Digital A journalist-turned-entrepreneur builds hyper local e-commerce venture A journalist-turned-entrepreneur has set up a start-up connecting kirana stores and lo Retail Infibeam lists at 6% premium over issue price of Rs 432 Incorporated in 2007, Infibeam has two major businesses -- the BuildaBazaar (BaB) e-commerce marketplace (28 % revenue) and e-retail website Infibeam.com Retail Flipkart's eKart to handle logistics for Paytm Move is in line with Flipkart’s plans to open up its logistics services arm eKart to third-party merchants Retail Traders demand revisit of e-commerce FDI policy Alleging violations of new FDI policy by major online market places, traders body CAIT has demanded that government should fix the loopholes. Retail Preparing to comply with govt rule on cigarette packs: Godfrey "Preparatory work for implementation of new graphical health warning is currently in progress," Godfrey Phillips India informed BSE. Telecom Govt slashes spectrum use charge, phone bills may drop Telecom Jio to offer 40-80 times better mobile broadband speeds in India: Mukesh Ambani Mukesh Ambani, chairman of Reliance Industries took the stage at FICCI FRAMES 2016 and spoke about the future of digital media and Reliance Jio services. Telecom Samsung Local Group Call Upon the Indian Government to Reject Apple's Application to Sell used iPhones Apple is seeking permission to become the first company allowed to import and sell used phones in India, its second attempt in as many years. Telecom DataWind welcomes Telecom Commission's decision to MVNOs in India NEW DELHI: Aakash tablet maker Datawind CEO Suneet Singh Tuli welcomed the news of the Telecom Commission’s decision to mobile virtual network operato... Finance Will Blackstone’s biggest bet in India pay off? Blackstone Group, which has a string of troubled investments in India, appears to have struck a decent deal for its investment in Mphasis Finance Tax havens where rich Indians stash their money Rich Indians love to park their wealth offshore, away from the public glare and the scrutiny of the I-T Dept. The Panama Papers Leak is testimony to this fact. Finance Government to ask Supreme Court to widen Aadhaar ambit On heels of Aadhaar crossing the one billion coverage mark, telecom minister Ravi Shankar said government will approach the Supreme Court Finance Ministry of Finance response to Panama Papers leak Full text of the statement issued by the Ministry of Finance in response to The Indian Express exclusive on offshore companies owned by Indians. Software Why hiring at TCS, Infosys, Wipro has come down? The Big Five software exporters - TCS, Infosys, Wipro, HCL and Cognizant - together added net 24 per cent fewer employees in 2015 at 77,265, thanks to their automation drive. Software Blackstone makes its boldest bet in India with $1-bn Mphasis buyout Edging past peer Apollo Global Management — the other serious contender — Blackstone on Monday signed a definitive agreement with HPE. Software HCL Technologies' $200 million acquisition of Geometric to trigger a consolidation wave The acquisition of Geometric for around $200 million will mark the company's third and largest acquisition in the engineering sector so far. Software EMC Corporation to focus on broad spectrum of services : Launches second Center of Excellence in India EMC has been setting up COEs across the world, and they focus on a broad spectrum of services, from engineering across products to various services. Ecommerce Cable TV distributor and multi system operator Den Networks going to sell 55% of DEN Sports to Wall Street Investments for Rs 43.32 crore Cable TV distributor and multi system operator Den Networks is going to sell 55% of DEN Sports (which owns Delhi Dynamos, the Indian Super League football Ecommerce Myntra unveils new international brand campaign; aims at showcasing Myntra as the go-to destination for the latest in global fashion from top international brands Online fashion portal Myntra, has announced the launch of a new International Brand campaign called'#JustArrived'.The campaign is aimed at Ecommerce Haptik raises undisclosed sum in Series B funding from Times Internet; money will be used for product development and to improve artificial intelligence Haptik, maker of the mobile app — Haptik — a chat-based personal assistant service, has announced its partnership with Times Internet for a Series B fund-raise and strategic alliance. Franchise Watch out for these rookie mistakes that franchisees often make Click inside to learn the Five Pitfalls New Franchisees Can Avoid. Franchise How to find the ‘yin to your yan’ in a partner for your franchise business Click inside to read Finding the Right Co-Pilot to Run a Successful Business. HR Five ways to manage a workplace crisis A crisis at the workplace can take many forms — there may be a reputational or litigational issue, or there may have been a natural disaster. HR Institutions from State bag top India Rankings 2016 Institutions from the State have managed to top three out of four categories in the country’s first ever National Institutional Ranking Framework (NIRF). The rankings released by the Ministry of Hu HR Top Cities for Jobs in India India’s growing economic industries means that the job market is booming. DESIblitz looks at the Indian cities with the best jobs and career prospects. HR Karnataka has the most job opportunities in India: Assocham study 216,000 of the 900,000 job vacancies reported in India between January and March 2016 were in Karnataka Logistics Safety check on highway network, results may throw up 1,500 outdated over bridges and under passes in the national network The Union road and highways ministry has ordered safety audits of all national highway projects and bridges after yesterday’s accident of an under construction fly over in Calcutta. IVRCL, th… Logistics State may have skyTran as a mode of transport, will be a network of computer controlled 4 seater vehicle that runs on magnetic levitation technology Logistics IRU: Smart Urban Mobility report outlines clear direction for passenger transport in India New Delhi. A report on Smart Urban Mobility. commissioned by the IRU initiated All India Smart Move High Level Group and produced by the Institute of Urban Transport, has laid out clear recommendations to create a sustainable, integrated transport system for India, the press office of the International Road Transport Union (IRU) announced exclusively for FOCUS News Agency. Logistics Indian Railways fastest train Gatiman Express: has hostesses, will travel at speed of 160kmph from Nizamuddin to Agra in 100 minutes, fare INR 540 and 1050 in different classes Indian Railways fastest train Gatiman Express: Passengers of Gatiman Express, India's first semi-high speed train, will not only be ushered to their seats by train hostesses and offered roses but will also be given free access to multimedia content such as movies, news and cartoons during their journey to Agra. The much-awaited Nizamuddin-Agra Gatiman Express will be flagged off on April 5 by Railway Minister Suresh Prabhu from Nizamuddin Station with a music band playing shehnai in the backdrop. Construction Bommanakatte gets loan waiver worth Rs 6.48 cr on housing loan The amount includes Rs 3.60 crore principal and Rs 2.88 crore interest Construction There won't be any changes in Rajasthan apartment bill The central department had asked to remove the clauses 6, 11(1), and 11(2) as the same clauses are mentioned in the Real Estate Bill and so there coul.. Construction DDA's landpooling policy in doldrums The actual implementation of the policy hinges on the city government's decision on declaring 95 villages as development areas and 89 of them as urban.. Construction Credai Chennai elects new president Credai Chennai chapter has elected Isha Homes MD Suresh Krishn as its new president Marketing The CMO is no longer the change agent : Barry Jones Interview with Co-founder and Chairman, Hogarth Worldwide Marketing Centre suggests three-member ombudsman to regulate ads : Report Acting on the Supreme Court’s instruction to set up a three-member ombudsman for regulating advertisements given by various governments and authorities, the Centre on Thursday suggested the composition of the regulating authority, which will now be put forth before the apex court. Marketing April Fools Day: Dear brands, don’t do it : Report Consumer brands have joined the bandwagon too resulting in a surfeit of such hoaxes every year. Such efforts usually involve putting out a product announcement which is either bizarre or too good to be true.   Marketing Frooti Gets Youthful, Again With the advent of summer, FMCG brands have intensified their advertising to reach out to their audiences. India is a huge market for both Cola and non-Cola brands, so these brands spend huge amount of money to create a strong recall. Some of the top spenders in this category include Pepsi, Coca-Cola and Parle Agro.   Politics Jammu and Kashmir: Challenges loom for Mehbooba Mufti as she takes on the mantle of chief minister The kind of brinkmanship that Mehbooba Mufti engaged with the BJP, after the death of her father, Mufti Mohammad Sayeed, has not made her task any easier. Politics BJP Expels Mahil Morcha Chief For Making Controversial Statements Against Minorities LUCKNOW -- BJP state Mahila Morcha chief Madhu Mishra was today expelled from the party for six years over a controversial statement made by her in Aligarh recently. Taking strong note of her remar Politics Sitaram Yechury dives into ‘Bharat Mata ki Jai’ debate, says all slogans equally patriotic Amid the raging row over chanting of 'Bharat Mata Ki Jai', CPI (M) on Monday said slogans like 'Jai Hind', 'Hindustan Zindabad' and 'Inquilab Zindabad' are equally patriotic and accused the BJP of diverting attention of people from "real problems" by raking up such issues. Politics A Dangerous European Moment: Extremism And The Failures Of Multiculturalism So long as territorial ghettoization exists in Europe and our liberal multiculturalism prevents us from ever discussing the importance of underlying civic values, Europe will be vulnerable to its disgruntled Muslim minority becoming a vehicle for the violent extremism of Islamic State, Al-Qaeda, Al-Shabab, Boko Haram and the various Lashkars of South Asia. Sports ICC announces ICC World T20 XI with Virat Kohli as captain; Ashish Nehra included in squad Virat Kohli and Ashish Nehra are the only India players in the ICC World T20 XI, a team which has four players from England. Sports West Indies vs England: West Indies players invited on negotiating table by WICB WICB President Dave Cameron said the board will speak to players to ensure that best talent in the Caribbean represents the island nations. Sports West Indies Cricket Board should support its players: Sachin Tendulkar West Indies captain Darren Sammy had made a scathing attack on the West Indies Cricket Board after World T20 win. Sports West Indies vs England: Here’s how West Indies celebrated their World T20 win West Indies defeated England by 6 wickets to win the 2016 edition of World T20. Entertainment Shekhar Kapur remembers Heath Ledger on 37th birth anniversary Shekhar Kapur today remembered Heath Ledger as "an ancient wise spirit" on the 37th birth anniversary of the Hollywood star. Entertainment Maneesh Sharma feels he was destined to make ‘Fan’ with Shah Rukh Khan Maneesh Sharma was inspired to make "Fan" when he first went to visit Shah Rukh Khan at his residence and saw the frenzy among admirers to catch a glimpse of the superstar. Entertainment I found Varanasi extremely fascinating: Morgan Freeman Morgan Freeman, who travelled to seven countries for the documentary, says he found his stay in Varanasi "extremely fascinating". Entertainment ‘Kung Fu Panda 3’ mints Rs.10.1 crore in India “Kung Fu Panda 3” has collected over Rs.10 crore in three days -- said to be the highest opener for an animated film in India. 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