May 27, 2016 - Flipkart's 'Big Shopping Days' sale sees slow start. Will banning of discounts by DIPP hurt?

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Invite Friends Blog Sree Vijaykumar From the Editor's Desk So it's Friday and here are some of the most popular stories from taggit this week. The first one is about the relationship between Bill Gates and Steve Jobs, including the fact that Steve had a letter from Bill by his bedside in his last moments. Second, this list of the most stupid questions googled by people in each state in the US will bring a smile to your face. Finally, this speech by Raghuram Rajan on how India can create a billion entrepreneurs has insights on how regulation encourages informality in business and how access to finance is even more important than the cost of finance. Keep reading taggit to find fresh share-worthy stories! Retail Flipkart's 'Big Shopping Days' sale sees slow start. Will banning of discounts by DIPP hurt? Flipkart is running a three-day ‘Big Shopping Days’ sale which seem to have taken off without much ado. Retail Ecommerce: Where are the jobs? Hindustan Times So, is e-commerce only about entrepreneurs? The answer is no. E-commerce sites are among the top job creators in India at present. Starting from top business school and technology institutes to tier-2 and tier-3 colleges, e-commerce recruiters are ... Retail Allow multi-brand food retail stores to sell soaps, shampoos: Harsimrat Kaur Badal She also plans to create an empowered body similar to the National Highways Authority of India to ensure continuity and better execution. Retail As buyers go online, Arvind, Tata jump on e-com bandwagon MUMBAI: Sanjay Lalbhai-promoted Arvind Ltd, which already runs a fashion retail business spanning over 1,200 outlets and 35 brands, is now betting on a big online push to further accelerate growth. It joins a growing list of brick and mortar retailers ...sp; Retail Snapdeal, Puravankara Projects tie up to sell homes online The three-way partnership will enable Snapdeal customers to purchase ready-to-move apartments from Puravankara across Bengaluru, Chennai, Coimbatore and Kochi. Retail Flipkart tweaks discount strategy for sale Brands have passed on inventory just for the sale period at a lower price to sellers at Flipkart and they have also agreed on a lower margin to bring down prices. Sports LeBron, Love power Cavaliers to 116-78 romp over Raptors Google may be taking a new tactic in persuading phone manufacturers and carriers to push out Android updates faster. Sports IPL 2016: David Warner praises bowlers, fielders for win over KKR Sunrisers Hyderabad will now take on Gujarat Lions in the all-important second qualifier for their maiden entry into the summit clash of IPL. Sports New Zealand coach Mike Hesson extends contract until 2019 World Cup Mike Hesson's contract was due to expire in April 2017 but New Zealand Cricket said he will be staying on until the end of 2019 World Cup. Sports International Cycling Union president expresses concern over Rio 2016 Olympics venues International Cycling Union president Brian Cookson tells Around the Rings 'time is running out' to finish the velodrome on time. Entertainment What kept Parineeti Chopra awake for 24 hours? Parineeti Chopra exhuasted After keeping awake for 24 hours while shooting. Entertainment Kylie Minogue’s self-titled 1994 album to be reissued Kylie Minogue self-titled 1994 album will be reissued in the form of a two-disc special. Entertainment Udta Punjab director Abhishek Chaubey impressed by Kanika Kapoor’s track Udta Punjab director Abhishek Chaubey says singer Kanika Kapoor has sung "Da da dasse" wonderfully for the film. Entertainment Shah Rukh Khan barred from sharing his kids’ pics on web, still shares one Shah Rukh Khan, who introduced us to his youngest son AbRam on Twitter has been barred from posting anymore pictures of his kids online. Telecom Jio Effect – Will India be amongst first countries to shutdown 3G network? The Indian telecom market is abuzz with talk about the 4G network. The excitement has been fueled by the impending launch of Reliance Jio – billed as the la.. Telecom TRAI's Final Attempt at Shaping Net Neutrality in India Begins This Week The consultation process for an overarching framework is being done in two phases this time, in order to be more comprehensive, but will also likely require greater focus and attention from the supporters of net neutrality. Telecom Setting up data centers in India shouldn't be mandatory ; Amitabh Kant, CEO Niti Ayog Niti Aayog CEO Amitabh Kant has said that the "Decision to set up data centers in the country (India) cannot be mandatory and it will be not be conducive for the eco-system." Kant said, while releasing the IAMAI's Make In India report on incentivizing data center infrastructure in Telecom Taiwanese firm HTC bets big on 4G to strengthen foothold in India NEW DELHI: Taiwanese handset maker HTC is betting big on India, as it announced the launch of nine smartphones targeted at different consumer groups across pric... Politics Modi at 2: Five key areas where the PM made (or failed to make) a huge difference Modi's biggest achievement since coming to power has been restoring the constitutional authority and the dignity of the Prime Minister's chair. Politics Buoyant Amit Shah sets all-important 2017 UP election as BJP’s next target Fresh from a thumping victory in Assam and a good showing in West Bengal and Kerala, BJP president Amit Shah is in an unusually buoyant mood and has now set high targets for himself and his party — winning the all-important Assembly election in Uttar Pradesh Politics Mantra for #ModiNext3Years: Make old schemes work, put RSS agenda on mute After two years in power, Narendra Modi is somewhere at the mid-point of his tenure as Prime Minister. Yes, the formal tenure is five years, but in a political economy, the last year can safely be assumed to be more about the politics of re-election than anything else. Good economics will usually be sacrificed for … Politics Raghuram Rajan Meets PM, FM Amid Speculation Over Second Term Reserve Bank Governor Raghuram Rajan reportedly met Prime Minister Narendra Modi on Wednesday evening, as he awaits the decision on his reappointment for a second term, according to NDTV. Rajan&rsq Franchise Franchisee Journey: From Air Force sergeant in the North Pole to Glass Doctor franchisee Kevin and Tamera Tennant started their business in a dumpster, picking up shards of glass, to teach themselves their new trade. Franchise What Gen Y has to say about franchising Are you young and ambitious? We spoke to a few Gen Y franchisees about their experiences buying and running a franchise. Digital SoftBank's Nikesh Arora one of the highest paid executives in the world, gets $73 million pay package for 2016 As per a proxy issued by SoftBank today, Arora's compensation includes $14.2 million (1.56 billion) paid by other SoftBank units. Digital Personal assistant app Helpchat shuts chat service, lays off staff Personal assistant app Helpchat has closed its chat services and laid off most employees working in those operations, its founder and CEO said on Thursday, as the startup tweaked its business strategy for the second time in less than a year. Ankur Singla said in a blog post that a lot of its user Digital Carzonrent aims at Rs 2,400 crore revenue in next 4 years Urban mobility services firm Carzonrent (India) Pvt Ltd is targeting Rs 2,400-crore re Digital Flipkart offers Rs 1.5 lakh bonus to IIT hires amid joining delay Flipkart said it has been working on restructuring its businesses to strike the right balance among key levers HR An Imperfect Test: The Problem With Job Performance Appraisals In their latest research, Cappelli and colleague Martin Conyon, a professor at Bentley University in Massachusetts and a senior fellow at Wharton, question the usefulness and accuracy of performance appraisals and find some surprising answers. HR Beyond IT/BPO, new jobs not being created: 2/3 of record FDI only in services HR India global 5th in green energy jobs, China on top The renewable energy industry employs a total 9.4 million people around the world, the latest report from the International Renewable Energy Agency (IRENA) states. HR The Best Ways to Tackle Shamers and Trolls on Internet Actor Salman Khan's sister Arpita Khan Sharma recently posted a strong message on Instagram for people who troll her on social media by posting negative comments Logistics First time after Independence! Narendra Modi to flag off Indian Railways train services to Mizoram, Manipur Prime Minister Narendra Modi on Friday will flag off passenger train services to Mizoram and Manipur on the newly-laid broad gauge line, and Kamakhya-Vaishno Devi Katra weekly train, an Indian Railways official said on Thursday.   Logistics Railway stations in India get world-class Japanese signalling system from TSTS and Kyosan India To ensure safety and better coordination of Indian Railways train movements, the stations are being upgraded with world class signalling technology. Logistics India's Jet Airways back in black ahead of schedule, after the sector was opened up to FDI and Etihad has invested in a 24% stake at USD 379 million Jet Airways, India'ssecond-biggest airline by passengers, reported an annual profiton Thursday for the first time since 2007 and a year ahead ofschedule under its 2014 turnaround plan. Logistics BSE Sensex rises 7% under Modi government, outperforms major global indices Indian markets have shown resilience amid economic headwinds — the crash in commodity prices have hurt many emerging markets. Finance Axis Bank, 8 others to list additional shares on exchanges Cholamandalam, Indiabulls, Radha Madhav Corporation, TVS Electronics and Allahabad Bank are the other entities which have listed more shares on NSE Finance Ashok Leyland’s fund-raising plans irk investors Strong volumes, a favourable product mix and economies of scale should have led to a disproportionate improvement in margins Finance SoftBank president Nikesh Arora receives pay package of $73 million Nikesh Arora’s compensation includes 1.56 billion yen paid by other Softbank units Finance Snapchat raises $1.81 billion in new funding round Messaging app Snapchat raises funds indicating strong investor interest in the company Ecommerce Snapdeal plans to scale down operations in its regional offices including Bangalore, Mumbai, Calcutta and Hyderabad Snapdeal may even shut down a few offices in the next six months, if it doesn't raise a fresh funding round, the sources said. Ecommerce Freecharge CEO Govind Rajan eyes 7 million daily transactions Rajan joined Snapdeal in July last year, as its chief strategy officer, but was almost immediately tasked with running the day-to-day operations of Freecharge. Ecommerce Iluminar Media closes a $1.2 million round of funding led by venture capital firm, IDG Ventures India , and Indian Angel Network Iluminar Media, which owns and operates curated online city and lifestyle guide Little Black Book, has closed a $1.2 million (about Rs 8 crore) round of funding. Ecommerce Joining delay: Amazon, Paytm keen on hiring graduates who got offers from Flipkart The students who got offers from Flipkart are looking for other options as most don't want to wait until December, said placement sources at the B-schools. Marketing What Twitter's New Character Count Means to Brands Agencies : Report Twitter, the San Francisco- based social media platform, has announced a big change in the way it functions. The company, which is estimated to have around 25 million users in India, has reportedly decided that it will soon do away with the limitation of 140 characters in its tweets.   Marketing Gionee India shifts product strategy : aims Rs 8000 cr revenue this fiscal year The company has doubled its marketing budget to Rs 500 crore this year from a year back, which includes Rs 200 crore for a rebranding exercise. Marketing Centre frames new guidelines for online advertisements : Report The I&B ministry says all online ads from the central government will be routed via DAVP, which will empanel eligible websites Marketing Why Your Content Is Missing The Mark Marketers are dealing new challenges around measuring “connected content,” yet their confidence has increased around how to engage with their audiences, according to the newly released “Content Fitness Report.” Software How robots have replaced close to 60,000 employees at Foxconn? Apple supplier Foxconn replaces 60,000 factory workers with robots, according to Chinese media reports. Software TCS CEO N Chandrasekaran's pay rises to Rs 25.6 crore : 20% growth in FY16 Chandrasekaran's compensation rose 20% in FY16, the cos report showed. The median salary increase for TCS 353,843 employees was 9.2% in the same year. Software Indian fraudsters are younger and smarter than their foreign peers, says KPMG The report showed that 27% of fraudsters in the country were in service anywhere between one and four years, compared with 19% globally. Software Microsoft and Facebook laying giant cables to build trans-Atlantic Internet line From Spain, the data network will link to hubs in Africa, Asia, the Middle East and other parts of Europe, according to the companies. Construction Venkaiah Naidu says Number of smart cities could cross 100 "It's not necessary that all the nominees from states can qualify. So, there will be room for new cities. If we get more budget once the GST is passed.. Construction Authorities blamed for Dehradun missing Smart City bandwagon The proposal drafted by Dehradun was based on retrofitting of areas like Chakrata Road, Gandhi Park, Saharanpur Road, Yamuna Colony and others, while .. Construction Parsvnath reports profit of Rs 5.93 crore Parsvnath Developers reported a profit of Rs 5.93 crore for the quarter ended March 2016, as against a loss of Rs 140.9 crore in the year-ago period. Construction Indore Development Authority meeting on May 27 likely to witness ruckus The IDA board has proposed a meeting on May 27 to discuss as many as 40 issues, but the sources within the board said that issue of people violating l.. 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