Tuesday, May 17, 2016

May 17, 2016 - Tim Cook's India trip: Meeting PM to opening retail stores to launching an accelerator program for Indian startups

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Some students at Georgia Tech nominated Jill Watson as 'Outstanding Teaching Assistant' this spring, which was music to the ears of computer science professor, Ashok Goel. The students weren't aware, but Jill was an artificial intelligence bot. Now Goel is forming a business to bring the chatbot to the wider world of education. While he doesn't foresee the chatbot replacing teaching assistants or professors, he expects the chatbot's question-answering abilities to be an invaluable asset for massive online open courses, where students often drop out and generally don't receive the chance to engage with a human instructor. With more human-like interaction, Goel expects online learning could become more appealing to students and lead to better educational outcomes


Digital
Tim Cook's India trip: Meeting PM to opening retail stores to launching an accelerator program for Indian startups
Tim Cook's India trip: Meeting  PM to opening retail stores to launching an accelerator program for Indian startups - Business Insider
Apple is likely to announce an accelerator program for Indian startups as part of Tim Cooks visit to India this week, sources said.


Digital
Expert Speak: Disruptive digital marketing strategy and its relevance for startups
Expert Speak: Disruptive  digital marketing strategy and its relevance for startups
All about the disruptive digital media strategy relevant for startups.


Digital
Amazon India's growth threatens to unsettle ecommerce firms like Flipkart and Snapdeal
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.


Digital
PayU India, Paytm get in-principle approvals for consumer bill payment services
PayU India,  Paytm get in-principle approvals for consumer bill payment services
Consumers will be able to pay all their bills anytime and anywhere under the Bharat Bill Payment System (BBPS), and the companies will provide platforms to offer these services. 


Digital
Nokia India’s head of Bharti Airtel global account Tejinder Kalra resigns
Nokia  India’s head of Bharti Airtel global account Tejinder Kalra resigns
Nokias gears power Airtels mobile broadband networks in 13 circles across India, according to industry estimates.


Digital
Autorickshaw aggregator Jugnoo re-enters hyperlocal delivery business with Fatafat
Autorickshaw  aggregator Jugnoo re-enters hyperlocal delivery business with Fatafat
The service has started in Chandigarh and will be expanded to other cities, beginning with Gurgaon in the next one month, Jugnoos founder Samar Singla said.


Retail
CCI to decide on cashbacks given by online payment platforms like Paytm and Mobikwik
CCI to decide on cashbacks  given by online payment platforms like Paytm and Mobikwik - Economic Times
Mobile wallet payments grew rapidly to more than Rs 20,000 crore in 2015-16 from just over Rs 2,000 crore in 2013-14.

Retail
How Online Shopping Is Cannibalising Mall Stores
The Business of Fashion
The Business of Fashion. Online shopping is reaching such a critical mass with American households that many of the icons of the traditional mall -- from Macy's to The Gap and J.C. Penney -- face an increasingly uncertain future. articles 

Retail
Haldiram's in talks with PEs to sell stake, may raise $200m
In what may be one of the most anticipated investment deals in the Indian consumer market, snack-food manufacturer Haldiram’s has held initial talks with top-tier private equity funds for a possible $200 million or Rs 1,300 crore capital infusion, people familiar with the development said.

Retail
Autorickshaw aggregator Jugnoo re-enters hyperlocal delivery business
Autorickshaw  aggregator Jugnoo re-enters hyperlocal delivery business - Economic Times
The service has started in Chandigarh and will be expanded to other cities, beginning with Gurgaon in the next one month, Jugnoos founder Samar Singla said.


Telecom
Intellectual Property Rights: New policy may power R D, national growth
Intellectual  Property Rights: New policy may power R D, national growth - The Indian Express
The announcement of the new IPR policy has been a much sought after reform considering the unfavourable regulatory environment prevalent in the country. The new policy is expected to encourage the IPR regime, making it more efficient.


Telecom
AT T investment strategy: What Indian telecoms need to learn
AT T investment strategy: What  Indian telecoms need to learn - Telecom Lead (registration) (blog)
Indian telecom network operators such as Bharti Airtel, Idea Cellular, Vodafone, Reliance Jio, etc. need to learn from the investment strategy of American wireless operator AT&T. AT&T is investing heavily in both wireless and wired networks, 4G LTE networks, Distributed Antenna System (DAS), Wi-Fi hotspots, HD Voice, fiber, high-speed broadband , VoLTE and small cells.


Telecom
Make-In-India Starts To Show Promise As Smart-Phone Sale Increases!
Make-In-India Starts To Show Promise As Smart-Phone Sale Increases! -



Finance
Tech start-ups come up with some creative definitions for ‘profitable’
Tech start-ups  come up with some creative definitions for ‘profitable’ - Livemint
To project a healthy business, firms have started shouting to the world how they are (or soon will be) profitable—at least, by some definitions of the term


Finance
RBS confirms exit of retail banking branches in India
RBS confirms exit of retail  banking branches in India - Economic Times
The bank added that it will support its customers and employees through the transition and ensure least possible disruptions.


Finance
How agritech and healthcare tech are creating social impact
How agritech and healthcare  tech are creating social impact - Economic Times
TJay has developed a wearable product and cloud solution to enable tracking, remote monitoring and support for people with epilepsy.


Finance
Private equity fund ASK real estate exits ATS Project in Gurgaon at 25% IRR
Private equity  fund ASK real estate exits ATS Project in Gurgaon at 25% IRR - Economic Times
Getamber Anand, managing director of ATS Infrastructures said that in the current market there is demand but the market is in turmoil.




Software
Why global tech leaders are rushing to India to charm Modi?
Why global tech leaders are  rushing to India to charm Modi? - Quartz
Apple CEO, Tim Cook is expected to visit India this week and meet Prime Minister Narendra Modi. Tim Cook’s India visit comes at a time when Apple's iPhone sal


Software
Warren Buffett’s Berkshire takes $1 billion bite of Apple
Warren Buffett’s  Berkshire takes $1 billion bite of Apple
Warren Buffett's Berkshire Hathaway revealed a more than $1 billion stake in Apple in a rare foray into the technology sector, which Buffett has largely shunned apart from a poorly performing investment in IBM.


Software
Google releases new app, Spaces to help you make group sharing easier
Google releases  new app, Spaces to help you make group sharing easier
Google has released a new app called Spaces which will let you share web URLs, videos, search results, stickers, media from your phone, or text posts.


Software
IT companies contemplate performance based grants after Vishal Sikka kicks in big salary spikes at Infosys
IT companies contemplate  performance based grants after Vishal Sikka kicks in big salary spikes at Infosys - Times of India
Infosys has entered a new era of remuneration for senior leadership after promoters hung up their boots to make way for a professional CEO.



Ecommerce
Flipkart to promote brands prominently during searches by customers on its website and mobile app
Flipkart to promote brands  prominently during searches by customers on its website and mobile app - Economic Times
Flipkart has already signed up 100 — is in line with the strategy to open up brand stores and focus on the delivery experience of its biggest sellers.

Ecommerce

Ecommerce
EduPristine raises $10 million in a second funding round; looking to acquire companies offering similar services to improve growth
Private equity fund Kaizen Management Advisors and US-based education company DeVry Inc participated in the round

Ecommerce



HR
Indian American Teen Syamantak Payra Wins Intel Foundation Young Scientist Award
Indian American  Teen Syamantak Payra Wins Intel Foundation Young Scientist Award - India West
Syamantak Payra, a 15-year-old from Friendswood, Texas, was honored with one of the two Intel Foundation Young Scientist Awards at the 2016 Intel International Science and Engineering Fair.


HR
Malpractices in VYPAM; SC judges differ on penalties on doctors
NEW DELHI: The fate of 634 students, accused of adopting unfair means in getting admissions in Madhya Pradesh Medical colleges through VYPAM, hangs in balance a...


HR
Europe's largest bank HSBC to cut 850 IT jobs
Europe's largest bank HSBC to  cut 850 IT jobs - Times of India
HSBC to move 840 IT jobs from UK to other countries as part of its cost-cutting plan - As part of its cost-cutting plan, HSBC will eliminate 8,000 British jobs by the end of 2017.


HR


Logistics
Air India plans new flights from Indore, to Kolkatta, Raipur, Bhopal and Ahmedabad
Air India plans  new flights from Indore, to Kolkatta, Raipur, Bhopal and Ahmedabad - Hindustan Times
The pan-African flag carrier currently operates a daily double service to New Delhi and Mumbai from capital city Addis Ababa.


Logistics
CAIT sharpens pitch on GST Bill, wants Congress to back the legislation
CAIT sharpens  pitch on GST Bill, wants Congress to back the legislation - Economic Times
CAIT said it has its own concerns about the proposed GST, but stalling of its passage is depriving the body of the opportunity of being heard.


Logistics
Repair in India: Engineering contracts to earn AI Rs 175 crore
Repair in India: Engineering  contracts to earn AI Rs 175 crore - Mumbai Mirror
Air India's engineering services on Monday handed back a Boeing 777 aircraft to Jet Airways ...


Logistics
Drunk driving: Road transport ministry proposes steep fines, jail time, cancelling licence for traffic offences
Drunk driving: Road transport  ministry proposes steep fines, jail time, cancelling licence for traffic offences - Daily News Analysis
Drunk driving: Road transport ministry proposes steep fines, jail time, cancelling licence for traffic offences - In the wake of increasing cases of road accidents, drunk driving and minors taking over wheels, state transport ministers will decide on a hike in penalties.



Construction
Former Housing CEO Rahul Yadav wants to take up a job after his second venture fails
Former Housing  CEO Rahul Yadav wants to take up a job after his second venture fails - ET Realty
“Thinking of giving up on entrepreneurship and do a simple job. Will take decision by this weekend,” Yadav’s post on facebook


Construction
A real-estate expert and self-made millionaire shares the one rule he follows before investing in anything
A real-estate expert and  self-made millionaire shares the one rule he follows before investing in anything - ET Realty
It all started when he and his brother Matt, cofounders of real-estate firm The Altman Brothers, put in $5,000 each to buy a house for $400,000 (with ..


Construction
Residents move SC for road access as construction of school blocks road
Residents move  SC for road access as construction of school blocks road - ET Realty
More than 2,000 families that live in the Sector 45 find it difficult to access the market, national highway 8 and Huda City Centre Metro station due ..


Construction
Want to buy a budget home in Bengaluru? Now is the time
Want to buy a budget home in  Bengaluru? Now is the time - ET Realty
Since 100% tax exemption will be provided to developers, along with exemption from service tax, for construction of houses up to 325 sq feet in metros..



Marketing
Sanskari or Not, Why Tinder Needed to Advertise in India : At All
Sanskari or Not, Why Tinder  Needed to Advertise in India : At All - Adage India
In Tinder's recently released digital ad film, an Indian mother approves as her young daughter picks out accessories before stepping out to meet someone she found through the mobile app.


Marketing
YouTube adds messaging feature on app to increase sharing : Report
YouTube adds messaging feature  on app to increase sharing : Report - Medianama
YouTube has introduced a new messaging feature called native sharing, according to a report by Wired. The publication adds that the feature is launched for a select group of users who can then invite friends into conversation threads. The message threads will stay on YouTube's mobile app


Marketing
Misleading ads on the rise : authorities vow strict monitoring
Misleading ads on the rise :  authorities vow strict monitoring - Hindustan Times
Last year, the Advertising Standards Council of India (ASCI), the industry-run self-regulator, asked Bharti Airtel Ltd, the country’s largest telecom company, to modify its ad that screamed: “Airtel 4G is the fastest network ever”.


Marketing
4 Emerging Marketing Trends for Small Businesses
Startups and small businesses have to stay competitive in their marketing strategies in order to be relevant and get in people’s faces.

 



Politics
Will Donald Trump Go Modi's Way And Change His Stand When In Power?
Will Donald Trump Go Modi's Way And Change His Stand When In  Power?
Most of the US and the international press and leaders have expressed fears about the chaos that might ensue if Trump is elected President. They are worried he will follow through on his outrageous pronouncements. But there's another question: Will Donald Trump change if he's elected President? The search for this answer warrants a closer look at home, where Narendra Modi won a decisive mandate against a discredited and corrupt Congress party in 2014.


Politics
'Foundational Violence': What Really Happens When Kashmiris Join The Civil Services
'Foundational Violence': What Really Happens When  Kashmiris Join The Civil Services
In the Kashmir Valley, a heated debate is on about Kashmiris joining the Indian administrative services. For a people who resist the Indian yoke, every time a Kashmiri qualifies for the Indian or even the Kashmir Administrative Service (KAS), it becomes a point of acute reflection. So how does one comprehend Kashmiris entering the civil services, which in Kashmir has become tantamount to being hand in glove with the Indian state? Among my several professional avatars, I once also qualified for the KAS...


Politics
Tamil Nadu Elections 2016: Why Jayalalithaa’s freebies are not so bad
Tamil Nadu Elections 2016: Why Jayalalithaa’s  freebies are not so bad
In a political environment where votes can be purchased through freebies, a system that allows for proper accounting is better than a system that blurs accounting and accountability.


Politics
BJP to mark two years at Centre with public meetings nationwide
BJP to mark two years at Centre with public  meetings nationwide
BJP will organise over 200 events during a fortnight-long public outreach programme from 26 May, the day the Modi government completes two years in office.



Sports
I believe more in my ability to hit sixes now, says Virat Kohli
I believe more in my ability to hit sixes now, says Virat Kohli
Virat Kohli knows that the teams try to entice him by bowling outside the off-stump channel but he is game for the challenge


Sports
Virat Kohli, AB de Villiers power RCB to nine-wicket win over KKR; stay alive in IPL 2016
Virat Kohli, AB de Villiers power RCB to nine-wicket win  over KKR; stay alive in IPL 2016
Virat Kohli (75*) and AB de Villiers (59*) smash brisk fifties to help RCB gun down 184 with eight balls to spare.


Sports
Rio 2016 Olympics: National record has come at the right time, says Sudha Singh
Rio 2016 Olympics: National record has come at the right  time, says Sudha Singh
Sudha Singh's new record 9:26:55secs rewritten 15 days after Asian champion Lalita Babar's national mark in New Delhi has intensified the friendly rivalry.


Sports
IPL 2016: I will never trade my ‘copybook style’ for fancy shots, says Ajinkya Rahane
IPL 2016: I will never trade my ‘copybook style’ for  fancy shots, says Ajinkya Rahane
For someone, who has learnt a lot from Rahul Dravid during his stint at RR, Ajinkya Rahane does have his own set of routines to prepare for big games.



Entertainment
Filming for Snoop Dogg TV series sparks panic
Filming for Snoop Dogg TV series sparks panic
Snoop Dogg's trial for murder sparked panic as a shooting re-enactment caused members of the public to flee a Californian park.


Entertainment
My addiction battle led me to start new charity: Steven Tyler
My addiction battle led me to start new charity: Steven Tyler
Steven Tyler feels he took birth to save the victims of sexual abuse.


Entertainment
Sanjay Dutt to shoot for Umesh Shukla’s film next year
Sanjay Dutt to shoot for Umesh Shukla’s film next year
Sanjay Dutt will begin work on director Umesh Shukla's next in 2017.


Entertainment
‘Raman Raghav 2.0’ opens to jam-packed house at Cannes
‘Raman Raghav 2.0’ opens to jam-packed house at Cannes
Anurag Kashyap's psychological thriller "Raman Raghav 2.0" screened today to full house at the 69th Cannes Film festival.






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