May 16, 2016 - Paytm appoints two Citibank execs -- Ruchita Taneja Aggarwal as head of banking operations, and Priya Karnik as head of product development for banking operations

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Invite Friends Blog Sree Vijaykumar From the Editor's Desk This article is an eye-opener on extreme poverty in the US. There are over a million American families that earn less than $2 a day. They have little to no cash income and survive on food stamps, private charity and plasma sales (which leaves them physically debilitated). They are not on drugs or mentally challenged, just families where members have been left out of the capitalist success that many others enjoy. Many are uneducated and are at the back of the low-wage job queue, some jobs that render them unfit through physical hardship, creating a vicious cycle of sorts - Comment Digital Paytm appoints two Citibank execs -- Ruchita Taneja Aggarwal as head of banking operations, and Priya Karnik as head of product development for banking operations The payments bank first appointed CEO Shinjini Kumar from research and consultancy firm PricewaterhouseCoopers (PwC) in February, followed by Vikas Purohit from Amazon. Digital BlackBerry denied Indian patent for digital signature invention BlackBerry submitted that the present invention was directed to a system and method for efficient verification of digital signatures Digital Government to hold consultations with IT services industry, ISPs and academia on internet standards Officials said the workshop aims to identify the areas where the private sector and academia can work together to engage better with Icann. Outlook Business Smart Enterprise 2016 - May 17, Hotel St. Regis, Mumbai A unique one-day event that will bring together all stakeholders on a single platform to deliberate over how India can harness the true potential of its SMEs. Register Now Digital Harleys, Ducatis, Kawasakis on rent! Uber ties up with Bangalore-based Wicked Ride to offer premium motorcycles on rent Following the earlier disruption of its Uber Moto services, Uber will offer the ‘Uber Wicked Ride service through its dashboard during limited windows in different cities. Digital Edutech startup Smartivity raises Rs 6.6 crore funding The round also saw participation from Singapore-based fund CFG Offshore Holdings, Silicon Valley-based fund Tandem Capital and a clutch of angel investors. Digital Infosys veteran Subrahmanyam Goparaju joins California-based LeaderAmp's board With an experience of over 25 years in IT consulting, solution delivery and customer management roles, Goparaju is expected to bring about a difference in leader development. Retail Mother Dairy eyes Rs10,000 crore turnover in 3 years Mother Dairy, which supplies about 30 lakh litres of milk in the national capital region has posted a turnover of `7,186 crore during last fiscal Retail Mukesh Ambani's Reliance Jio Infocomm's LYF mobile: A whopping $1 billion brand? Mukesh Ambani's Reliance Jio Infocomm's LYF smartphone: A whopping $1 bn brand? : The LYF smartphones are available in the price range of Rs 4,799-19,499 per unit. But how big can it get, that is the question on many people's minds. Here is a peek at the potential Retail Madura Fashion & Lifestyle joins race to run Forever 21 retail stores Retail AskMe Grocery targets Rs 1800 crore GMV by March AskMe Grocery has a presence in 38 cities (as on February, 2016) and plans to expand to 45 more cities including some tier-II towns, in the next 3-6 months. Telecom 4G in India: Everything you need to know While 4G has been rolling out in India since 2012, the segment will see its largest expansion this year. Reliance Jio is set to debut its long-awaited service, while Airtel, Idea, and Vodafone are aggressively expanding into more cities. Here's what you need to know about the state of 4G in India. Telecom 5 reasons why the internet still sucks Despite massive technological advances since the days of dial up, we’re still grappling with slow page response, timeouts, and networking delays. Why? Telecom WhatsApp video calling appears in 'latest update' Whatsapp Messenger has hinted towards update of Video Calling feature in the app. The option to video call has already been provided in the Messenger app for Android for beta testers in the 2.16.80 version. Telecom Cell towers keep bylaws off network The issue of illegal mobile towers is holding up the adoption of the new Unified Building Bylaws by the Delhi government and the municipal corporations. However, the union ministry of urban development (MoUD), which approved the bylaws and notified them in March, was amenable to changes being made in the rules to address the matter of lawful erection of mobile towers. Finance How to kill a bank in India The story of IDBI Bank: from struggles to become a bank and competition from public-turned-private peers to calls for privatization and an identity crisis today Finance A lot of midcap companies have surprised on earnings growth: Big Bull Jhunjhunwala "Once Indian cos get volume, you will be surprised at the growth in earnings . Wherever there is volume growth, there is a disproportionate growth in profits." Finance As funding slows, start-ups turn to investment banks Most of the aggressive investors have either gone slow or have exited the market, prompting start-ups to reach a wider network of investors through bankers Finance Narendra Modi govt eases red tape but foreign firms still struggle Despite statements made by PM Modi and other senior Indian officials there has been limited progress in many key areas that make it challenging to do business in India, an industry group says Software Infosys enters the new era of remuneration : Vishal Sikka kicks in big salary spikes Infosys has entered a new era of remuneration for senior leadership after promoters hung up their boots to make way for a professional CEO. Software Smartphone chipmaker MediaTek expects India to account for 10% of global shipments The Taiwanese firm's chipsets will also power over 25 models of 4G VoLTE (voice-over-LTE) handsets in the coming months in India. Software Amazon releases programmable Dash button for IoT The AWS IoT (Amazon Web Services Internet of Things) button will allow products from more than 100 brands to be ordered with a single tap. Ecommerce ShopClues and GoDaddy enter into a strategic partnership to help all merchants on the platform build their own ecommerce websites Under this initiative, merchants can choose the website as per their business, link it to the ShopClues portal, and access the company’s technology. Ecommerce Wow Express raises Rs 15 crore (around $2.2 million) in a pre-Series A round of funding led by a group of unnamed US-based investors Mumbai-based e-commerce logistics startup Wow Express, which is run by JMS Logistics and Express Pvt. Ltd, has raised Rs 15 crore (around $2.2 million) in a pre-Series A round of funding led by a group of unnamed US-based investors, it said in a statement. Existing investor Tamarind Family Private Trust, the investment trust of the Mansukhani Family which is a co-promoter of consumer electronics maker Onida, also participated in the round. The firm will use the funds for geographical expansion and technology enhancement. Ecommerce Amazon India's growth threatens to unsettle ecommerce firms like Flipkart and Snapdeal ET reported on April 28 that Amazon India was the only major online marketplace to register an increase in unit market share in March. Ecommerce Paytm appoints 2 Citi executives as head of banking operations and head of product development for banking operations The payments bank first appointed CEO Shinjini Kumar from research and consultancy firm PricewaterhouseCoopers (PwC) in February, followed by Vikas Pu.. HR Cut flab in Army, but not in a rush It is assumed that military modernisation is inducting high tech weapons. HR 5000 jobs affected by diesel vehicles ban in Delhi-NCR, says industry body Siam The banned stocks had to be transferred to non-NCR dealers for disposal, it said. HR Interview with Environment Minister Prakash Javadekar: 'No wholesale changes to green laws, focus on strict compliance' Says govt working on Civil Penalties, CAMPA laws; no plan to demarcate ‘Go/No-Go’ forest areas. Logistics Indian Railways planning to lay tracks at 7.7 kilometers per day, 4,800 km of broadgauge line comissioned V K Gupta, member engineering (ME) of Railway Board said that railways have adopted innovative techniques in the last two years which resulted in savings of hundreds of crores. Logistics Pune airport expansion to take off soon, an additional of 15.84 acres sanctioned, will increase capacity from 126 aircraft currently Defence Minister Manohar Parrikar on Sunday said the Indian Air Force (IAF) will give 15 acres of additional land to the Airports Authority of India (AAI) for the expansion of city-based Lohegaon airport. Logistics Ethiopian Airlines plans to expand operations in India The incident happened on Friday night, when the woman, who had booked a flight for Thursday, couldn't board it since it had got cancelled. Logistics Now, high-end SUVs on Sino-India border to transport troopers of the Indo Tibetan Border Police (ITBP) The interiors of the SUVs, a senior official said, have been slightly modified to fix radio communication sets and to seat 6-7 troops with their firea.. Construction Smartest city Bhubaneswar to develop App for citizens With the city inching closer to becoming the smartest city in reality, the Bhubaneswar Development Authority (BDA) is making ‘smart’ moves to prov.. Construction Buyers of Amrapali's Crescent Homes stage protest over flat delay grows in twin cities of Noida Gr Noida In Noida, buyers of Amrapali's Crescent Homes, staged a demonstration and assembled at the office of Amrapali while in Greater Noida, buyers of Sushan.. Construction Gujarat govt brings out circular for voluntary donation of private land in tribal areas In return for a "no compensation" deal, the government will put up the donors name on a plaque on the donated property site. The notification was brou.. Construction Govt seeks report from DDA for Delhi's Nehru Place mess On Saturday, a team of DDA and South Corporation officials carried out an inspection of the market to assess its condition.DDA officials admitted that.. Marketing Brezza, Baleno Help Maruti Suzuki Inch Towards 50% Market Share : India report Maruti Suzuki India closed last fiscal with a seven-year high market share of 46.8 per cent. Marketing Content Marketing Trends in 2016 : What We've Seen So Far In 2015, I wrote an article on Business 2 Community about Content Marketing trends in 2015 and what we saw that changed the content marketing industry at the time.   Marketing Saving today's youngsters from advertising sharks : Report I was watching news on TV when this hideous, concealed advertisement of a beer featuring a bunch of indiscreet, over exuberant youngsters making out on a beach put me off. Marketing Storyboarding India: Nawabs, Nudes, Noodles is an epic journey through 50 years of ads Ambi Parameswaran's 'Nawabs, Nudes, Noodles' gives a peek into India through 50 years of advertising Politics #PoMoneModi should remind the PM that states don’t like being belittled, compared to Gujarat The ferocity of the #PoMoneModi campaign on Twitter should ideally remind the Prime Minister of a flaw in his tactics. Politics Malegaon blast: Congress accuses the PMO of interfering with the investigation The Congress accused the PMO of interfering in the 2008 Malegaon blast case to give "clean chits" to accused people with RSS-BJP background Politics The Aakar Patel column: Don’t blame the Indian state for “black” economy, blame yourself We will continue to have a large 'black' economy, as long as other Indians don't pay tax. Our behaviour has to change if we are to make our country great Politics Maha jungle raj in Bihar? Yes, but other states aren’t models of mangal raj either It would be silly to argue that the recent crimes in Bihar are not a cause for concern. If a young boy is killed allegedly for overtaking the vehicle of a JD(U) politician, when a journalist is shot dead in Siwan, rival politicians are attacked and killed, something must be really rotten in the state. Sports MI vs DD, IPL 2016: Krunal Pandya’s all-round heroics gives MI lifeline Krunal Pandya’s whirlwind knock and incisive bowling give Mumbai Indians a massive 84-run win over Delhi Daredevils. Sports IPL 2016, KXIP vs SRH: SRH through to playoffs after Yuvraj Singh beats Kings XI Punjab Chasing 180 for win, David Warner scored 52 while Yuvraj Singh made an unbeaten 42 as SRH reached the target with two balls to spare. Sports 17 Cancer Survivor Kids Meet Yuvraj: ‘As cancer survivor and cricketer, Yuvraj sir has inspired me’ The youngsters, who had undergone treatment at Rajiv Gandhi Cancer Hospital, had come to watch the match through an association with Yuvraj’s cancer foundation YouWeCan. Sports Max Verstappen wins Spanish GP to become youngest F1 winner Max Verstappen, only 18 and debuting for Red Bull after being promoted from Toro Rosso a week earlier, beat Kimi Raikkonen in second. Entertainment Alicia Vikander, Michael Fassbender feature in Light Between Oceans trailer Trailer of upcoming romantic-tragedy film "The Light Between Oceans", starring Alicia Vikander and Michael Fassbender, has been released. Entertainment Natalie Portman won’t return for Thor: Ragnarok Natalie Portman is not coming back for "Thor: Ragnarok." Entertainment Meet the little star: Pune girl enjoys the spotlight as The Silence makes noise at the Cannes Eleven-year-old Vedashree is making a debut in the world of films with Marathi film, The Silence, which deals with the subject of child abuse. Entertainment Red Hot Chili Peppers’ frontman Anthony Kiedis hospitalized Anthony Kiedis was taken to an area hospital hours before a headlining gig. 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