Monday, May 23, 2016

May 23, 2016 - China's Tiens Group to enter Indian e-commerce market

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Martin Couney displayed premature babies in incubators as entertainment, amongst Coney Island's various exhibits in the early 1900s. He charged visitors 25 cents each to view these "exhibits". The babies were dressed in clothes that were intentionally bigger and with bow-ties, which exaggerated the effect of them being tiny. Couney was shunned by the medical establishment, and condemned by many as a self-publicist and charlatan. Now, what if I told you he was an unlikely medical pioneer. He gave life to thousands of babies where hope was lost (In America, many doctors at the time held the view that premature babies were genetically inferior "weaklings" whose fate was a matter for God.). His incubators were state-of-the-art and his nurses well-paid. Keeping premature babies alive was hideously expensive, but he did not charge his patients a dime, as the public paid for it, through his exhibitions. Today Couney's legacy is being re-examined by doctors, and many of Couney's "babies" speak proudly in his defence. More on this story here


Retail
China's Tiens Group to enter Indian e-commerce market
The group also plans to expand direct selling business in the country and expand user base to one crore over the next five years

Retail
Amazon, Flipkart or Snapdeal: who will win India's e-commerce wars?
Success will be more a function of how Amazon, Flipkart and Snapdeal deal with the regulatory and market conditions than how they do with each other

Retail
Kumar Mangalam Birla and family plan to invest Rs 500 crore in group's food and grocery business
Kumar Mangalam Birla and family  plan to invest Rs 500 crore in group's food and grocery business - Economic Times
“The issuance and allotment for shares up to Rs 500 crore will be in one or more tranches within a period of twelve months,” the filing said.

Retail
Office hour is rush hour at online shops: Sokrati study
Office hour is rush hour at  online shops: Sokrati study - Economic Times
Sokrati study took into account over 2 million transactions across 100 online retailers for the key pointers, reports Payal Ganguly.

Retail
Ikea announces land purchase for Navi Mumbai's store
Ikea announces land purchase  for Navi Mumbai's store - ETBrandEquity.com
The 23 acre land will see a 4,00,000 sq. ft store

Retail
As summer peaks, cold drink war intensifies
As summer peaks, cold drink war  intensifies - Financial Express
It is that time of the year that spells more advertising from cooling powders, air conditioners, refrigerators and, of course, cold drinks. And, as every summer, this year, too, beverage giants in the country are competing for the consumers’ share of wallet.

Sports
From brink of elimination, Virat Kohli drags RCB into 1st qualifier
From brink of elimination, Virat Kohli drags RCB into 1st qualifier
Virat Kohli steered RCB to an emphatic win over DD in Raipur and takes the team to play-offs where they face Gujarat Lions.


Sports
KKR vs SRH, IPL 2016: KKR beat SRH by 22 runs at Eden Gardens, qualify for playoffs
KKR vs SRH, IPL 2016: KKR beat SRH by 22 runs at Eden  Gardens, qualify for playoffs
KKR qualified for the IPL 2016 playoffs after beating SRH by 22 runs at Eden Gardens on the back of good batting-bowling pairing.


Sports
French Open: Andy Murray, defending champ Stan Wawrinka face Czech threats
French Open: Andy Murray, defending champ Stan Wawrinka face  Czech threats
Andy Murray is joined on the order of play by defending champion Stanislas Wawrinka, who also faces a Czech challenge in the form of Lukas Rosol.


Sports
Narsingh Yadav vs Sushil Kumar: SWOT analysis of the two pehelwans
Narsingh Yadav vs Sushil Kumar: SWOT analysis of the two  pehelwans
Shivani Naik weighs into the debate by asking the experts to dissect the strengths and weaknesses of the two pehelwans — Narsingh and Sushil.



Entertainment
Hope Hamid Nehal Ansari will get justice now: Randeep Hooda
Hope Hamid Nehal Ansari will get justice now: Randeep Hooda
Randeep Hooda hopes following "Sarbjit", Hamid Nehal Ansari, jailed in Pakistan for alleged espionage, will get a speedy justice.


Entertainment
Happy that Priyanka Chopra, Vidya Balan have shown concern for me: Kangana Ranaut
Happy that Priyanka Chopra, Vidya Balan have shown concern for me:  Kangana Ranaut
Kangana Ranaut has found "thick" friends in Vidya Balan and Priyanka Chopra.


Entertainment
Anil Kapoor acquires rights of ‘Prison Break’
Anil Kapoor acquires rights of ‘Prison Break’
After "24" and "Modern Family", Anil Kapoor has now acquired the rights of another American TV series "Prison Break".


Entertainment
Kammatipaadam movie review: Dulquer Salmaan shines in a raw and realistic cut into the brutally buried history of Dalits
Kammatipaadam movie review: Dulquer Salmaan shines in a  raw and realistic cut into the brutally buried history of Dalits
Kammatipaadam movie review: Rajiv Ravi has dismantled all conventional concepts of Malayali aesthetics by capturing the unadulterated beauty of black skin through characters who portrayed the lives of Dalits



Telecom
4G infrastructure remains critical for high speed Internet in India: Report
4G  infrastructure remains critical for high speed Internet in India: Report - The Indian Express
Rolling out of 4G infrastructure is critical for higher internet speed in India, says a report by Morgan Stanley.


Telecom
Mobile wallet companies Paytm, MobiKwik and Oxigen diversifying to combat UPI threat
Mobile wallet  companies Paytm, MobiKwik and Oxigen diversifying to combat UPI threat - Economic Times
PayUs global CEO Laurent le Moal recently said he believed that UPI will eradicate the need for mobile wallets, which requires consumers to store money.


Telecom
Telecom operators should sell stakes to raise funds: Telecom Secretary JS Deepak
Telecom  operators should sell stakes to raise funds: Telecom Secretary JS Deepak - Economic Times
It has recommended a block size of 5 MHz for the auction, pegging pan-India airwaves for a bidder at a starting price of Rs 57,425 crore.


Telecom
Apple's Tim Cook Maps His Vision for India in Meeting With Modi
Apple's Tim Cook Maps His  Vision for India in Meeting With Modi - Bloomberg
Apple’s Tim Cook outlined his vision for his company in India in a meeting with Prime Minister Narendra Modi.



Politics
Assembly Election Results 2016: Congress Leaders Aren't Sure Whether To Introspect Or Promote Rahul Gandhi
Assembly Election Results 2016: Congress Leaders Aren't  Sure Whether To Introspect Or Promote Rahul Gandhi
In the wake of the defeats in Kerala and Assam on Thursday, Congress President Sonia Gandhi and Vice-President Rahul Gandhi promised to 'introspect' and work harder. In a series of tweets, Rahul sa


Politics
The Unseen Threat Of CPM Aiding The Rise Of BJP In Kerala
The Unseen Threat Of CPM Aiding The Rise Of BJP In Kerala
It’s ironic, but true. The biggest beneficiary of the BJP/NDA’s rise in Kerala in the just concluded assembly election are the Left parties and most importantly, the CPM. It has not only w


Politics
Anurag Thakur Wants To Implement The 'Practical' Lodha Committee Recommendations
Anurag Thakur Wants To Implement The 'Practical' Lodha  Committee Recommendations
MUMBAI -- Newly-elected President Anurag Thakur today vowed to carry on the reforms process in the BCCI, insisting that the Board would not run away from implementing the "practical" recomme


Politics
The Assam Election was Decided As Much by the BJP’s Risk-Taking as It was By the Congress’s Refusal to Look Beyond Loyalty
The Assam  Election was Decided As Much by the BJP’s Risk-Taking as It was By the Congress’s Refusal to Look Beyond Loyalty
Assam was decided both by the BJP's decision to front Himanta Sarma and Sarbananda Sonowal, and the Congress's refusal to look beyond Tarun Gogoi's loyalty.




Digital
Flipkart rejigs top management to boost mobile phone sales, appoints former MobileStore COO Ajay Veer Yadav as VP of mobiles category
Flipkart rejigs top management  to boost mobile phone sales, appoints former MobileStore COO Ajay Veer Yadav as VP of mobiles category - Times of India
In a bid to improve its seller ecosystem, the country's largest online retailer Flipkart has rejigged top-level roles in its core marketplace business. Samardeep Subandh, who joined the Bengaluru-based e-tailer as its marketing head in December last year, has taken over as head of categories.


Digital
BSNL, SBI to launch online wallet 'SpeedPay'
BSNL, SBI to launch online  wallet 'SpeedPay' - The Indian Express
Financial services on mobile phones have witnessed hectic activity in the recent past with competing platforms jostling for space.


Digital


HR
Hike in wages for 'Dak' workers soon
Hike in wages for 'Dak'  workers soon - The Hindu
At the 11{+t}{+h}Federal Council of Bharat Postal Employees Federation (BPEF) here on Sunday, he said he will participate in a meeting of the Union Cabinet Sub-Committee in New Delhi on Monday and hop


HR
Apple opens new office in India that will create 4000 jobs
Apple opens new office in India  that will create 4000 jobs - AfterDawn
Apple has announced the opening of a new office in Hyderabad, India, a move that will create up to 4000 new jobs in the country.


HR
Remittances to India dip as Gulf jobs loose sheen on faltering oil prices
Remittances to  India dip as Gulf jobs loose sheen on faltering oil prices - International Business Times, India Edition
India's migrant workers face challenging work conditions in the Gulf as countries look to reserve more jobs for natives.


HR
DBS Singapore denies expansion reports; will not relocate 1500 jobs to India
DBS Singapore  denies expansion reports; will not relocate 1500 jobs to India - Business Standard
The bank responded to reports on a local news website claiming the bank setting up tech hub in Hyderabad



Logistics

Logistics
Heavy rains in Port Blair, flight returns on 22 May with 124 people on board
News (without Pic) | Heavy rainfall warning | Port Blair | Heavy rain (07-11)cm likely to occur at isolated places over Andaman & Nicobar Island during next 48 hrs. Under the influence of strong Southwest Monsoon current strong Southwest to Westerly wind speed between 45 and 55 kmph and rough to very rough seas likely along and off Andaman and Nicobar Coast. Fishermen are advised not to venture into the sea. LCS-III hoisted at Port Blair Port. LCS-III has been hoisted at Port Blair Port. The general public is advised to take precautionary measures and in case of any emergency contact the State Control Room, District Control Room and Emergency Operation Centres. | The Echo of India


Logistics
Air India launches super sale scheme with fares starting from Rs 1499
Air India launches super sale  scheme with fares starting from Rs 1499 - Economic Times
The tickets under the 'super sale offer' can be booked between today and May 25 for a travel period between July and September 30, Air India said.


Logistics
French firm Thales to provide latest safety technology to Indian Railways
French firm  Thales to provide latest safety technology to Indian Railways - Economic Times
Indian Railways intends to implement Train Protection Warning System (TPWS) on a total of approximately 7,900 km of main lines across the country.



Finance
This OPEC member is the next big wild card for oil
This OPEC member is the next  big wild card for oil - Economic Times
The two biggest headline-grabbing events have been the Canadian wildfires and the various attacks on energy infrastructure by the Niger Delta Avengers.


Finance
Five merchant bankers shortlisted to assist govt on NMDC 10% stake sale
Five merchant  bankers shortlisted to assist govt on NMDC 10% stake sale - Livemint
The shortlisted bankers will make a presentation before an inter-ministerial group on 3 June; the government holds 80% stake in NMDC


Finance
HDFC Bank plans to open 500 branches this fiscal
HDFC Bank plans to open 500  branches this fiscal - Economic Times
According to sources about 60 per cent of new branches would be coming up in semi-urban and rural areas and the remaining in urban areas


Finance
Mobile wallet companies Paytm, MobiKwik and Oxigen diversifying to combat UPI threat
Mobile wallet  companies Paytm, MobiKwik and Oxigen diversifying to combat UPI threat - Economic Times
PayUs global CEO Laurent le Moal recently said he believed that UPI will eradicate the need for mobile wallets, which requires consumers to store money.



Ecommerce
Peer-to-peer lending portal i2ifunding raises funds; plans to utilize the funds towards technology expansion and to increase its presence geographically
The company, founded in 2015, plans to utilize the funds towards technology expansion and also towards increasing its presence geographically

Ecommerce
Mobikwik expands its services by offering instant micro loans to wallet users running short on balance as part of its efforts to push digital payments
Mobikwik, which has partnered consumer-lending marketplace, CashCare for the service, has already given loans to about 25,000 users

Ecommerce
Two years of NDA | Setting the stage for a start-up nation
The struggle to create jobs in manufacturing sector pushes the govt to promote young entrepreneurs instead


Marketing
Five iconic ad campaigns that scripted the 'era of change' in India : Report
Five iconic  ad campaigns that scripted the 'era of change' in India : Report - Mid-Day
One look at the cover of ad veteran Ambi Parameswaran's new book, 'Nawab, Nudes, Noodles,' and a sense of nostalgia creeps in


Marketing
Marketers serious about collaboration must blast through silo walls : Report
Marketers  serious about collaboration must blast through silo walls : Report - Campaign India
Communications walls may be collapsing but internal barriers still stand, contends the author


Marketing
Riding on the unconventional : Report
Riding on the unconventional :  Report - Business Standard
A new TV commercial flaunts the 150-cc Vespa as a sleek yet powerful two-wheeler meant for the person who 'follows her heart'


Marketing
Scarecrow bags PokerNation, ALT Balaji
Scarecrow bags PokerNation, ALT  Balaji - Campaign India
Both accounts won following multi-agency pitches



Software
How is Samsung rewriting the playbook to halt smartphone slide?
How is Samsung rewriting the  playbook to halt smartphone slide? - Economic Times
From the way it chooses smartphone components to the models it brings to market, Samsung Electronics has undergone a painful process of breaking from its past.


Software
Is the Indian IT industry transitioning to the digital age for growth?
Is the Indian  IT industry transitioning to the digital age for growth? - The Hindu
The Indian Information Technology (IT) services industry, which has been through a roller coaster ride since the 2008 financial crisis hit it hard, is transitioning to the digital age for growth give


Software
Why is TRAI mulling free internet service within net neutrality framework?
Why is TRAI  mulling free internet service within net neutrality framework?
Telecom regulator TRAI proposed exploring models to give consumers free Internet service within the Net neutrality framework, months after barring platforms like Facebooks Free Basics and Airtel Zero under its differential pricing rule.


Software
Google and Levi’s make smart Commuter Trucker Jacket : Allows users to interact with their smartphones
Google and Levi’s make  smart Commuter Trucker Jacket : Allows users to interact with their smartphones
Google and denim jeans company Levi's have developed a new jacket that lets users interact with their smartphones by swiping at the garment in various ways.




Construction
Develop smart cities keeping their strengths in mind: Minister
Develop smart cities keeping  their strengths in mind: Minister - ET Realty
The smart city is also about inclusive growth, quality of life, happiness index, convenience of living and being green.


Construction
CREDAI says 7,145 flats under construction in Nashik city
CREDAI says 7,145 flats under  construction in Nashik city - ET Realty
Of 35 builders, six builders are constructing around 5,500 flats across the city, while rest of 2,130 flats are under construction by remaining 29 bui..


Construction
Aurangabad Municipal Corporation may get help from Chinese agency to develop greenfield area
Aurangabad Municipal  Corporation may get help from Chinese agency to  develop greenfield area - ET Realty
AMC executive engineer Sikander Ali said a China-based private agency, with expertise in greenfield development, recently offered to provide its servi..


Construction
Pune Civic body gets Rs283 crore for smart city projects
Pune Civic body gets Rs283  crore for smart city projects - ET Realty
The Union government chipped in with Rs 186 crore, while the state gave Rs 93 crore, while Rs 4 crore was deducted as administrative charges.






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