July 2, 2016 - Euro 2016: Portugal reach semi-finals on penalties with win over Poland

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Invite Friends Blog Sree Vijaykumar From the Editor's Desk In a widely noted study published in 2013, Carl Benedikt Frey and Michael Osborne examined the probability of computerisation for 702 occupations and found that 47% of workers in America had jobs at high risk of potential automation. In particular, they warned that most workers in transport and logistics (such as taxi and delivery drivers) and office support (such as receptionists and security guards) "are likely to be substituted by computer capital", and that many workers in sales and services (such as cashiers, counter and rental clerks, telemarketers and accountants) also faced a high risk of computerisation. They concluded that "recent developments in machine learning will put a substantial share of employment, across a wide range of occupations, at risk in the near future." Subsequent studies put the equivalent figure at 35% of the workforce for Britain (where more people work in creative fields less susceptible to automation) and 49% for Japan. Numbers for India are not available, but it is likely that India will automate less, because of the lower cost and higher availability of low skilled labour. Sports Euro 2016: Portugal reach semi-finals on penalties with win over Poland Portugal beat Poland 5-3 on penalties after 1-1 in extra time. They will face either Belgium or Wales in the semifinal. Sports Anil Kumble sweats out in nets with Team India India will play four Test matches in the Caribbean islands. Coach Anil Kumble was seen sweating it out in the nets. Sports Mental strength is more important than technique: Ajinkya Rahane Ajinkya Rahane, the newly appointed Test vice-captain says being mentally strong and focused is crucial. Sports Wimbledon 2016: Venus Williams accuses Wimbledon of sex discrimination over court schedule Venus Williams has demanded equality in the scheduling of the men’s and women’s draw after she played her second round match on Court 18. Sports Usain Bolt easily sprints into 100m semi-finals Usain Bolt won the quarter final in 10.15 seconds after a series of delays and false starts. Sports Jaipur Pink Panthers-Bengaluru Bulls clash ends in tie Jaipur Pink Panthers moved up to third place with nine points whereas Bengaluru Bulls jumped to fourth spot with eight points. Entertainment Noted classical singer Veena Sahasrabuddhe passes away Veena Sahasrabuddhe passed away here following a prolonged illness, family sources said today. Entertainment Slaughtering of ‘Bakra’ does not mean Qurbani: Bollywood actor Irrfan Khan "The meaning of Qurbani is to sacrifice something which is close to you instead of any goat or sheep which you just buy to sacrifice," said Irrfan. Entertainment NCW summons Salman, warns him of action The NCW warned that if Khan failed to appear before the panel, it would take “appropriate action as it deems fit”. Entertainment Cameron says JJ Abrams’ ‘Star Wars’ lacked ‘visual imagination’ Star Wars: The Force Awakens was the 7th installment in the sci-fiction saga which released in December 2016 Telecom The truths I found about dropped calls: who controls what and how much The low EMF limits imply that the signals emanating from the cell sites are not strong enough to traverse long distances, and hence a larger number of sites are required to ensure coverage in a given location. Telecom Sunil Mittal Is Right: India Will See Consolidation In Telecom Sector, But Not Enough RCom, the country's fourth largest telco by subscribers, is currently offering the 4G services to its CDMA customers, who have opted for the company's.. Telecom TRAI's Consultation Paper on VoIP can affect mobile TV, IPTV NEW DELHI: Noting that unified IP based backbone and the benefits associated with the converged telecom access scenario has enabled service providers to launch more and more converged services such as Internet Telephony, IPTV, Mobile TV etc., the Telecom Regulatory Authority of India has sought to know the format of voice over internet telephony (VoIP) in India. | TRAI's Consultation Paper on VoIP can affect mobile TV, IPTV | Indian Television Dot Com Politics No mention of reshuffle as PM Modi reviews performance of Cabinet Amid talks of a Cabinet reshuffle, Prime Minister Narendra Modi on Thursday reviewed the performance of various ministries in spending budgetary allocations and implementing schemes in the past two years and asked his colleagues to ensure schemes be tailored to benefit masses. Politics Amid shaky ties with Sena, BJP’s Mungantiwar meets Thackeray Though Mungantiwar stated that Thackeray and BJP are willing to settle old disputes and renew their relationship, the Sena chief said his party will continue to criticise the government's policies which it thinks are not in interest of the people. Politics 7th Pay Commission: Congress extends support for government employees on strike Terming the 7th Pay Commission recommendations the worst-ever, the Congress said that the party will support them if they go on strike on the issue in July. Politics 7th Pay Commission: Employees unions’ call for indefinite strike call on 11 July is unjustified Various trade union leaders have claimed that 33 lakh central government employees have rejected Modi government’s overall 23.5 percent pay hike bonanza based on Seventh Pay Commission recommendations and would go on indefinite strike from 6 am, 11 July. Retail Flipkart remains India's most popular e-commerce brand Flipkart marginally ahead of Amazon, while Snapdeal comes in a distant third, based on the RedSeer E-tailing Leadership Index Retail 24x7 law may boost retail jobs by 50% Job creation is set to get a boost with the approval of the Model Shops and Establishment (regulation of employment and condition of services) Bill, which allows shops to remain open 24x7. Hiring experts said the bill, if adopted by states, could lead to a 10% growth in jobs. Retail Future eyes new innovations; for Raymond online is critical play Speaking to CNBC-TV18 Rakesh Biyani of Future Enterprises said the maximum jobs are created in the services sector. He went on to talk about the Model Shop & Establishment Act that got cleared by the Cabinet yesterday. Retail Provogue to Shoppers Stop, here's what made retail stocks soar Shares of eateries, entertainment and retail establishments gained anywhere between 3% and 10% on Wednesday following the Union Cabinet’s approval of the Model Shop & Establishment Bill Finance Rajan now bats for longer term for RBI Governor, says 3-year stint too short Just a fortnight back, Rajan announced his decision to not take up a second term at the central bank and return to academia, setting off a storm in financial markets. Finance SBI has enough talent to replace me: Arundhati Bhattacharya on extension Her name is also doing the rounds in the list of probable candidates as the next Reserve Bank Governor after incumbent Raghuram Rajan's term ends on September 4. Finance Money in Swiss banks: Pakistan overtakes India Finance Exit pangs for old BSE brokers as IPO draws near BSE’s oldest shareholders are reluctant to pare their holding and participate in the offer for sale Digital Google, Facebook fighting it out for digital dominance in India -- seen as the last big market for Internet companies? Google and Facebook are fighting it out for digital dominance in India, seen as the last big market for Internet companies, with a fast-growing user base that’s second only to China’s Digital Lab2Moon: Indian space-tech startup launches global competition The group of space entrepreneurs will be able to launch a rover by July 2017 which will take over 20 days to land on the surface of Moon. Digital Nasscom to red-flag govt's policy decisions pertaining to e-commerce, uncertainties arising from GST regime Repeats 2014 plea for empowered group drawn from affected sectors and govt to spot and set right the problem areas Digital Sorry, Bangalore: You are not the hottest startup destination in India any more. It's Delhi The biggest share of startup investment in India is going elsewhere this year. HR Tourism can support 46 mn jobs in India by 2025: Verma New Delhi, Jun 29 () Travel and tourism sector in India has the potential to grow much faster and support 46 million jobs by 2025, provided the right investments and policies continue to be implemented, US Ambassador Richard Verma said today. HR WEF exposes the great Indian gap between education and jobs India being placed at a poor 105 out of 130 nations in the WEF human capital index ranking clearly shows that the educational system is out of tune with the job market. The government must change its education policy to fill this gap with the help of the digital revolution. HR Indian-origin Deputy Mayor says saving London jobs his priority The man appointed as Deputy Mayor for business in London says his primary responsibility will be to safeguard jobs through the Brexit fallout. HR Seagate to cut 1600 jobs in restructuring plan Seagate, which has about 52,000 employees worldwide, had said in September it would cut 1,050 jobs. Software How the glamour of startup valuations is hiding the real problems? Startups are yet to look seriously beyond India's urban middle-class. And though there are bright entrepreneurial ideas, the pace at which they are implemented is abysmally slow Software American Tower Corp and Viom Networks set up virtual team to manage combined operations in India : Legal merger to take over a year to close Khillan has been in ATC for the past year, after resigning as chief technology officer at Sistema Shyam Teleservices, which operated the MTS brand. Software Infosys plans to digitise HR processes : Launches internal platform 'Compass' to help employees change job profiles The platform can be used for networking with like-minded people, allowing employees to leverage existing expertise, experiences within the organisation. Software Xiaomi plans expansion in India without the need of exemption from sourcing norms Xiaomi, in April this year, had approached the Department of Industrial Policy and Promotion (DIPP) for opening single brand retail stores in India. Ecommerce Grofers to lay off 10% of staff, revokes job offers; Customer support and content team will take the biggest hit Customer support and content team will take the biggest hit; move driven by ‘general slowdown in activity’ Ecommerce ShopClues achieves milestone with half a million sellers on platform ShopClues' IndiMarket, which showcases area-specific artworks of 8 states and 21 cities of India, will add to the regional representation of the entir.. Ecommerce Cisco launches start-up initiative LaunchPad; initially to focus on manufacturing, retail, transportation, education and healthcare sectors The applications for LaunchPad are now open for start-ups and will initially focus on manufacturing, retail, transportation, education and healthcare sectors Ecommerce Its war between foreign Uber and local Ola in India Ola’s chief operating officer Pranay Jivrajka in a blog wrote about how compliant Ola has been with Indian laws at huge cost to the firm, and questioned ‘the’ competitor’s compliance record Logistics India's ports brace for new rule on weighing containers, aimed at speeding up the process and leading to huge time savings The global rule, starting 1 July, mandates shippers to verify and declare the weight of a container before loading it on a ship for export Logistics India eyes role for itself at Oman's strategic Duqm port The Sultanate of Oman is currently developing Duqm port along with Special Economic Zone as a regional economic hub. Logistics New boss for ailing Malaysia Airlines, Peter Bellew, currently is the airlines COO, formerly with Ryan Air Kuala Lumpur, June 30, 2016 (AFP) -Malaysia Airlines, which has been struggling since twin disasters in 2014, has appointed a new CEO following the resignation of a troubleshooter brought in to turn around the ailing carrier. Logistics Flywheel Logistics chief now sees GST to eliminate C F agents in pharma sector and boost profitability Construction Rs 50-crore ‘jewellery park’ set to come up in Mumbai in bid to boost exports The initiative comes at a time when India’s jewellery sector faces a crisis of skilled labour, inadequate infrastructure and lack of technology. Construction Dehradun nagar nigam approves smart city proposal, earmarks Rs 1.5 crore The nigam has also decided to allot half an acre of land for a hospital to Maharaja Agrasen Charitable Trust which will cater to the financially weake.. Construction Bilaspur's Rs 4,500 crore Smart City plan gets nod amid Cong opposition Ashok Vidhani justified increasing project by Rs 1,000 crore on the grounds that while state capital Raipur had forwarded a plan for developing smart .. Construction Headless Chennai devpt body leaves builders worried With all the top posts in CMDA vacant, the construction industry is worried about the repercussions. Marketing Mobile and Millennials : 2016 Marketing Trends and How They Affect Your Strategy How business owners can take advantage of the opportunities found in the 2016 Internet Trends Report. Marketing All Eyeballs on Reader Reaction as Ad-Blocking War Comes to India : Report ToI and HT are a part of the group of offenders when it comes to intrusive online ads. How will the ad-blocking wars play out in India? Marketing Housing.com bets on advertising dollars from the real estate industry : Report MUMBAI: Earlier in May, real estate portal Housing.com had stirred up the market after announcing a 200 percent revenue growth month-on-month with a target to hit USD 10 million by the end of this financial year. For those who have been following the company’s progress since its inception in 2012, the figures show a great improvement since the start-up’s nationwide launch in 2015. | Housing.com bets on advertising dollars from the real estate industry | Indian Television Dot Com Marketing Direct Marketing: Staying Up with the Trends Each year, the Direct Marketing Association (DMA) compiles hundreds of relevant industry stats and facts for publication in its Statistical Fact Book. The publication culls stats from over 60 leading research sources and marketing   Franchise Master the fundamentals with the help of your franchisor and field support rep Now that you have your franchise unit up and running, how do you keep it from stumbling during its first months and years? After all, most small businesses need time to learn the ropes and turn a profit. That's where franchisor support comes in. Your franchisor wants you to succeed, and has allocated corporate resources and specialists to provide you with help beyond the initial training you've received in the operating system, financial management, and any technical aspects required to run the business. It goes beyond the lessons in how to hire, train, and retain employees. You cannot run a successful operation without competence in all of these areas, but there's more to support than this. 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