Friday, August 19, 2016

August 18, 2016 - Sakshi Malik creates history with sensational win in bronze medal play-off at Rio 2016 Olympics

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Narayana Murthy has been known for his candour. His quote that Indians have the highest ego per unit of achievement is going viral. I tend to agree. This ego is stopping a lot of us from learning and improving ourselves. Found another gem in his oped piece about Azim Premji - "I use a principle called the Degree of Optimal Ignorance (DOI) in every decision I take. This principle states that your knowledge for any decision should be strategic and not be as much as your subordinate and not as little as your boss. You learn to arrive at the optimality through experience." The full oped is here

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Sports
Sakshi Malik creates history with sensational win in bronze medal play-off at Rio 2016 Olympics
Sakshi Malik creates history with sensational win in bronze medal  play-off at Rio 2016 Olympics
Sakshi Malik scripted history by becoming the first woman wrestler from India to bag an Olympic medal.


Sports
India’s Day 13 schedule, August 18 in IST, India time: PV Sindhu, Usain Bolt to be in action
India’s Day 13 schedule, August 18 in IST, India time: PV  Sindhu, Usain Bolt to be in action
PV Sindhu will be in action in the badminton women's singles semi-final. The Indian is a win away from assuring at least silver.


Sports
India vs West Indies: Need to play good cricket consistently to remain No.1, says Virat Kohli
India vs West Indies: Need to play good cricket consistently  to remain No.1, says Virat Kohli
Team India need to win the fourth and the last Test match to maintain their current spot, in light of Australia’s loss in Sri Lanka.


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Sports
Conflict of interest whiff around Indian medical team in Rio
Conflict of interest whiff around Indian medical team  in Rio
Some athletes and coaches say chief medical officer Pawandeep Singh's standard response to most complaints of injuries has been a dose of Combiflam.


Sports
Sakshi Malik joins Karnam Malleswari, Saina Nehwal, Mary Kom in elite list
Sakshi Malik joins Karnam Malleswari, Saina Nehwal, Mary  Kom in elite list
Sakshi Malik joins the ranks of Karnam Malleswari, Saina Nehwal, and Mary Kom to become the fourth Indian woman to win a medal for the country.


Sports
Meri 12 saal ki tapasya rang layi, says emotional Sakshi Malik after winning bronze medal
Meri 12 saal ki tapasya rang layi, says emotional Sakshi Malik  after winning bronze medal
Sakshi Malik earned a dramatic come-from-behind 8-5 win over Kyrgysztan's Aisuluu Tynybekova in the bronze medal play-off.


Entertainment
Rustom box office collection day 6: Akshay Kumar to get his fastest Rs 100 crore grosser?
Rustom box office collection day 6: Akshay Kumar to get his  fastest Rs 100 crore grosser?
Rustom box office collection: Akshay Kumar's movie has collected Rs. 82.28 cr in just six days of its release.


Entertainment
Lady Gaga to star opposite Bradley Cooper in ‘A Star Is Born’
Lady Gaga to star opposite Bradley Cooper in ‘A Star Is  Born’
Lady Gaga has bagged the lead role opposite Bradley Cooper in the upcoming remake of "A Star Is Born".


Entertainment
Will begin shooting Shah Rukh Khan starrer in December: Aanand L Rai
Will begin shooting Shah Rukh Khan starrer in December: Aanand L  Rai
Aanand L Rai's next directorial venture, starring superstar Shah Rukh Khan, will go on floors this December.


Entertainment
Alia much more successful than I imagined: Mahesh Bhatt
Alia much more successful than I imagined: Mahesh Bhatt
Mahesh Bhatt says he is proud of his daughter Alia Bhatt's work and feels she must taste failure as well.



Retail
Walmart keen to retail processed food in India
Walmart keen to retail  processed food in India - Business Standard
The government allowing 100 per cent FDI in food processing will benefit farmers and boost the sector, Krish Iyer, president, Walmart India, said

Retail
Shoppers Stop to push omni-channel strategy this year; to invest Rs 20 cr more
Shoppers Stop has “plans for focused investment in technology and operations over the next two years to provide a seamless online and in-store shopp..

Retail
Organised wholesale makes a splash
With just 92 stores in the country, wholesale chains operated by Walmart, Metro and Reliance have managed to take away 2.6% of the FMCG business from nearly 10 million traditional wholesalers in a short span of time.

Retail
Top 10 consumer firms dominate wholesale cash-and-carry
Organized wholesale is now a Rs6,800 crore business, growing 13% in the first six months of 2016 from a year earlier


Politics

Politics
India Accepts Pakistan's Proposal To Discuss Terrorism, But Keeps Kashmir Off The Table
India Accepts Pakistan's Proposal To Discuss Terrorism, But Keeps Kashmir Off The Table
The discussion would be focussed on "contemporary and relevant" issues in Indo-Pak relations.


Politics
Art Of Living Event 'Completely Destroyed' Yamuna Floodplains: Expert Panel
Art Of Living Event 'Completely Destroyed' Yamuna Floodplains: Expert Panel
Report submitted to the National Green Tribunal is unequivocal.


Politics


Telecom
Rural India to power internet users to 730 million by 2020, says Nasscom-Akamai Technologies report
Rural India to power internet  users to 730 million by 2020, says Nasscom-Akamai Technologies report - Livemint
The Nasscom-Akamai Technologies report aims to understand the impact of the internet and focuses on the trends that will change India’s landscape by 2020


Telecom
India ranked world's top exporter of information, communication technology
China joins the ranks of the world’s 25 most-innovative economies, while Switzerland, Sweden, the United Kingdom, the United States of America, Finland and Singapore lead the 2016 rankings in the Global Innovation Index, released today by Cornell University, INSEAD and the World Intellectual Property Organization (WIPO).


Telecom
Tatas' telecom business seems to be going nowhere
By mid-2013, the company was looking to reduce as many as 8000 towers and substitute ...

 


Telecom
Singtel to Buy Stakes in Thailand, India Telecom Firms for $1.8 Billion
Singtel to Buy  Stakes in Thailand, India Telecom Firms for $1.8 Billion - Wall Street Journal
Singapore Telecommunications has agreed to buy stakes in two largest telecommunications firms in Thailand and India from State investment company Temasek Holdings Pte. Ltd. for 2.47 Singapore dollars (US$1.84 billion).



HR
See India as huge opportunity, to invest more in future: PepsiCo
See India as  huge opportunity, to invest more in future: PepsiCo - Moneycontrol.com
The company has already set up a huge facility in Sri City in Andhra Pradesh and one can expect more investments to come in. Indian market is a huge opportunity in the consumer goods area, said D Shivakumar, CEO & Chairman, Pepsico...


HR
Asus CEO says India second only to China in importance
Asus CEO says India second only  to China in importance - The Indian Express
Asus Zenfone 3 series has been launched in India, and the company has a slightly different strategy for the new series of smartphones.


HR
Cisco Systems to cut 14000 jobs: Report
Cisco Systems to cut 14000  jobs: Report - Times of India
The official announcement is expected within weeks


HR
The Azim Premji I know: Narayana Murthy on the Wipro legend's extraordinary legacy
The Azim Premji I know:  Narayana Murthy on the Wipro legend's extraordinary legacy - Economic Times
As the Wipro chairman completes 50 years at the IT giant's helm today, Murthy writes an anniversary special on the living legend's life and times.



Logistics

Logistics
Airlines resist baggage push, turn down proposal by the Union ministry of tourism to increase free baggage quota for economy seats from 15 to 25 kg
Airlines resist baggage push,  turn down proposal by the Union ministry of tourism to increase free baggage quota for economy seats from 15 to 25 kg - Calcutta Telegraph
Domestic airlines have turned down a request from the Union tourism ministry to emulate a decision by the state-owned Air India to raise the free baggage allowance limit for economy seats to 25kg from 15kg.


Logistics
Telangana assembly to ratify GST Bill this month
Telangana assembly to ratify  GST Bill this month - Times of India
Rajender recalled that members belonging to the ruling Telangana Rashtra Samiti in the Parliament had supported the bill and noted that the chief minister had assured the Prime Minister Narendra Modi, who recently addressed a public meeting at Gajwel, of the state's backing to GST.


Logistics
Antwerp Port offers consultancy services to Indian ports for improving inland waterways increasing the efficiency and speed of inland water bound logistics
Antwerp Port offers consultancy  services to Indian ports for improving inland waterways increasing the efficiency and speed of inland water bound logistics - Business Standard
Belgium’s Antwerp Port Authority, which operates the largest port in Europe after Rotterdam, has offered its expertise to explore trade through ports in the east coast of India to Europe and assist



Digital
Pigeon Express acquires struggling GoJavas; Anand Rai joins as MD
Pigeon Express  acquires struggling GoJavas; Anand Rai joins as MD - NEWS
Pigeon Express Pvt. Ltd has taken over the operations of GoJavas with the former's director, Anand Rai, joining the e-commerce logistics company as managing director. Rai assumed charge at Quickdel Logistics Pvt. Ltd, which runs GoJavas, on 12 Aug, according to an internal email sent to the


Digital
Snapdeal shuts down fashion portal Exclusively.com
Snapdeal shuts down fashion  portal Exclusively.com
Close to 18 months after acquiring Exclusively.com, Snapdeal has integrated the marketplace for premium branded fashion and lifestyle products with its core offering. Now, Exclusively will cease to exist as a standalone platform. Its offerings will be available on Snapdeal and orders for its prod


Digital
Housing.com appoints Vivek Jain as chief product and technology officer
Housing.com  appoints Vivek Jain as chief product and technology officer
Jain has over 14 years of experience in the technology and digital domains in India and the US. He started his career with Texas-based startup Ashley Laurent.


Digital
Ex-Yahoo exec Khilan Haria joins tea e-tailer Treebo as head of product
Ex-Yahoo exec  Khilan Haria joins tea e-tailer Treebo as head of product
Prior to joining Treebo, Haria was working as head of product at Teabox, a vertical e-commerce company focused on premium tea.



Finance
Take that Modi critics! Rajan, Arundhati Bhattacharya hint at expanding economy
Take that Modi  critics! Rajan, Arundhati Bhattacharya hint at expanding economy - Economic Times
Bhattacharya did not elaborate but RBI governor Raghuram Rajan implied more or less the same when speaking just before her at the same function.


Finance
India Post to offer Net banking facility soon
India Post to offer Net banking  facility soon - The Hindu
India Post is on a technology upgradation mode to provide a host of financial services to the public, besides strengthening its hold on the logistics sector.As part of its strategy to get closer to pe


Finance

Finance
Axis bank launches contactless debit cards with Visa
Axis bank launches contactless  debit cards with Visa - Economic Times
Axis Bank's Secure+ cards have an embedded microchip and an antenna (based on radio frequency) enabling "contactless" communication with a reader at checkout.



Software
Massive layoffs at Cisco Systems : 14,000 employees representing 20% of the workforce to be fired
Massive layoffs at Cisco  Systems : 14,000 employees representing 20% of the workforce to be fired - Economic Times
Cisco is expected to announce the cuts within the next few weeks as the company tries to move from its hardware roots to a software-centric company.


Software
India's Internet users to double to 730 million by 2020, will leave US far behind
India's Internet users to double to 730 million by 2020, will leave US far behind
India, whose Internet user base is second largest after China, will remain the fastest growing market, according to 'The Future of Internet in India' report by Nasscom and Akamai Technologies.


Software
India's Ola Lays Off Workers Amid Growing Competition From Uber
India's Ola  Lays Off Workers Amid Growing Competition From Uber - Wall Street Journal
ANI Technologies Pvt.’s ride-hailing service Ola is laying off hundreds of workers at a fellow Indian operator it bought last year, a sign of possible consolidation amid increased competition in the country from Uber Technologies Inc.


Software
Huawei looking at domestic manufacturing : Aims 10% smartphone share in India's highly competitive market
Huawei looking at domestic  manufacturing : Aims 10% smartphone share in India's highly competitive market
The Shenzen-headquartered company will announce its domestic manufacturing plans within a months time, following permissions from authorities.



Ecommerce
Snapdeal shuts Exclusively.com; To undertake strategic review of its investments
Snapdeal shuts Exclusively.com; To undertake strategic review of its investments - Economic Times
According to data from Forrester Research, the online apparel, footwear and accessories category is expected to cross $5 billion in 2016.

Ecommerce
After Flipkart, Ola lays off hundreds of former Taxi For Sure employees
The News Minute
The News MinuteOla, one of India's largest cab aggregators, reportedly announced on Wednesday that has laid off about 1,000 employees. In a statement, the company said that the sacked employees were previously working for Taxi for Sure. An OLA official who spoke to ...sp;

Ecommerce
India one of the countries where Metro will invest most in future: Damien Veilleroy, Asia Head, Metro AG
India one of the countries  where Metro will invest most in future: Damien Veilleroy, Asia Head, Metro AG - Economic Times
We have been here for the last 14 years and it took a while to adjust our model in the country and it was longer than expected. The learning curve in India was not that easy.

Ecommerce
ABEC Promoters Acquire Delhi-based Managed Marketplace PosterGully
ABEC Promoters  Acquire Delhi-based Managed Marketplace PosterGully - Techstory
PosterGully, as a platform, will continue to operate under a new leadership and will be actively looking to strengthen its brand presence.


Marketing
How to crack Hyper-local Marketing in India : Business Insider India
How to crack  Hyper-local Marketing in India : Business Insider India - Businessinsider India
India semi-urban market has been growing steadily over the years. Startups claim orders from tier II and tier III cities are on the rise, and


Marketing
What can Usain Bolt teach marketers about performance? : Opinion
What can Usain Bolt teach  marketers about performance? : Opinion - Campaign India
Just as sprinters and marathoners are judged differently, strategic brand work shouldn't be measured by short-term impact


Marketing
Ola confirms that it is shutting down TaxiForSure : Updated
Ola confirms that it is  shutting down TaxiForSure : Updated - Medianama
Update: Ola said in a statement that TaxiForSure's assets and operations will be fully merged with OlaCabs platform, and will be integrated with Ola Micro service. "...TaxiForSure...has been seamlessly integrated onto the Ola platform with the launch and rapid adoption of Ola Micro. TFS


Marketing
TV growth story intact in the medium term
TV growth story intact in the  medium term - Livemint
Three different global reports published recently suggest that digital media advertising will overtake TV advertising in some markets soon



Franchise
What can kids teach you about business?
What can kids teach you about  business? - Smart Company
Business news, business advice and information for Australian SMEs


Franchise
Tap into the rich marketing resources within your business, see the results of your marketing efforts and adjust accordingly
Tap into the rich marketing  resources within your business, see the results of your marketing efforts and adjust accordingly - Franchising
Previously, we discussed how you can tap into the rich marketing resources provided by 1) your franchisor, and 2) your fellow franchisees. This article looks at ways to market 2) within your business, 4) through community involvement, and 5) using social media and mobile phones to reach your customers.



Construction
Rs 30 crore raised by Indiabulls Real Estate through NCDs
Rs 30 crore raised by  Indiabulls Real Estate through NCDs - ET Realty
In June, the Mumbai-based company had announced that it proposes to raise up to Rs 200 crore through issue of NCDs on private placement basis.


Construction
Housing.com inducts former Google, Amazon executive Vivek Jain as chief product and technology officer
Housing.com inducts former  Google, Amazon executive Vivek Jain as chief product and technology officer - ET Realty
Jain will focus on helping the firm strengthen its product as well as engineering aspect to help it achieve its goal of becoming a full-service transa..


Construction
Real estate portals looking at ratings brokers for more customer satisfaction
Real estate  portals looking at ratings brokers for more customer satisfaction - Livemint
The ratings will help users find out about others’ experience with the same broker and make a decision


Construction
Safety of construction labourers ignored
Safety of construction  labourers ignored - Times of India
About five to nine labourers fall to death at construction sites in the country every year. The overall data on actual falls — both causing death and injury – is grossly inadequate.







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