October 19, 2016 - Sachin Tendulkar to PV Sindhu and Sakshi Malik: Meet the man who gifts BMWs to sports stars

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Invite Friends Blog Sree Vijaykumar From the Editor's Desk The trade-off between vertical integration (including asset ownership) and scaling speed is an important one. The reason Uber managed to scale so quickly is because they were able to maintain a high quality customer experience, while keeping the most expensive asset in the transportation business, namely the car, out of their ownership. They were able to do this through smart use of technology and data (accurate maps, driver ratings and incentives, predictive algorithms, etc), where car ownership did not matter for the customer experience. This did not work in the case of hyperlocal and delivery businesses because these startups were not able to control the customer experience using data. Part of the reason is market maturity - gathering real-time inventory data across hundreds of small vendors and SKUs is nearly impossible. This is a challenge in marketplace ecommerce businesses as well. The player that is able to continuously improve the customer experience using technology and data will eventually win this game. The full stack seems to be back in vogue, but what we really need are asset-light models that do a better job of utilizing technology and data. Advertisers of the day Brigade: Homes for the Achiever in You Industrybuying: Welcome to India's Leading E-commerce Company for Business   Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails (B2B Decision-Makers, B2C Decision-Makers, TradeBriefs Premium).   Sports Sachin Tendulkar to PV Sindhu and Sakshi Malik: Meet the man who gifts BMWs to sports stars Hyderabad’s V Chamundeshwarnath, cricketer-turned-administrator, has given away at least 17 vehicles over 15 years. VCCircle Food and Agri Summit 2016 Over the years, the event has been a platform for 2000+ attendees to connect and update themselves on the investment trends in the industry and the latest developments for more details.Click here Jobs: Sign in to see more relevant jobs here. Sports BCCI to inspect Visakhapatnam wicket, India-New Zealand 5th ODI could be shifted A pitch inspection is planned for Wednesday and if the surface is proved unfit, India-New Zealand 5th ODI would be shifted. Sports Kabaddi World Cup 2016: India’s basic skills are perfect, says Japan captain Masayuki Shimokawa Japan alongside Kenya (fifth) and Thailand (second) are looking for a desperate win to seal their semi-final berth. Advt: Work for the best employer - Yourself Advantages - Best B2B audience in India, no hard-selling or up-front costs involved, access to our content repository and air-tight agreements with instant gratification. Apply now   Sports Nick Kyrgios indicates U-turn on decision to see sports psychologist Entertainment Kahaani 2 first look: Vidya Balan is a wanted criminal, see pic The first look of Vidya Balan starrer Kahaani 2: Durga Rani Singh is out. The film is postponed on December 2 and will not have a clash with Dear Zindagi starring Alia Bhatt and Shah Rukh Khan. Entertainment Mukesh Bhatt on Ae Dil Hai Mushkil ban: I appeal to my brothers in MNS to not spoil Diwali for Indians To facilitate a free and smooth release of the film, producers Mukesh Bhatt and others met top police officials seeking protection to ensure a fair release in all theatres in view of MNS' threat to stall the release. Politics GST Council meeting starts today: All you need to know about the agenda, challenges Arriving at a tax rate that is agreeable to all, politically and economically, is the crucial challenge for the GST Council and it is likely to be a long-drawn process Politics Tamil Nadu by-polls: AIADMK hopes Jayalalithaa recovers to stave off ‘directionless govt’ taint In a month from now, the AIADMK will be on test. It will face by-elections to three constituencies — Aravakurichi in Karur district, Thanjavur and Thiruparankundram in Madurai district on 19 November. Retail Naspers to Merge India Travel Business Ibibo With Rival MakeMyTrip Naspers Ltd. agreed to combine Indian travel operation Ibibo with U.S. competitor MakeMyTrip Ltd. to help boost its unprofitable e-commerce business and ease a reliance on its investment in Chinese internet giant, Tencent Holdings Ltd. Retail Are high taxes the way ahead to curb consumption of sugary drinks? Sweetened beverages accounted for one in every 200 deaths caused by cardiovascular disease, diabetes and obesity in India, according to a 2015 study. Telecom Public WiFi Networks: Telcos flag 'right of way' as a major hurdle One of the other concerns revolving around the right of way issue was the fees charged by local bodies such as the municipality for granting the right of way permissions. Telecom Reliance Jio pleads other telecom players for extra interconnection ports It is a potential game-changer that could fuel an all-out price war in a market of 950-odd million mobile subscribers in India. Logistics Impending consolidation starts in travel biggies: MakeMyTrip and Ibibo announce $1.8 to 2.0 billion merger, shares of the former soared on the NYstock exchange The combination will bring together a bouquet of leading consumer travel brands like MakeMyTrip, goibibo, redBus, Ryde and Rightstay. Logistics India to fly 442 million passengers by 2035: Global Airlines Body Growth will be driven within developing markets. Over the past decade the developing worlds share of total passenger traffic has risen from 24% to nearly 40%. HR Govt plans allowance for disabled people who get jobs The Narendra Modi government plans an incentive for disabled people to get jobs, in the latest addition to the slew of benefits for rural India HR Jack Ma's big dreams: Like Alibaba, creating millions of jobs in India The way to do so, according to his annual shareholder letter released last week, is for other countries to use or replicate Alibaba’s “commerce in.. Finance Bharat beckons lenders: Banks sets their eyes on small towns, villages Things may be falling in place for small towns and villages which have been credit starved despite the lofty principles of making credit available to everyone on which banks were nationalised. Finance Coal: after the $100 per tonne boom, how long until the bust? Many believe prices could keep rising until the end of the year or possibly into early 2017 as the winter season fuels demand. Software Can Infosys counter the downward IT spiral through automation? Two downward revisions by Infosys in revenue guidance in three months has shaken some of the confidence of industry analysts Software Why enterprises are now opting for open source software? Jim Whitehurst, president and CEO of Red Hat, and Rajesh Rege, the company's India MD, explain why open source is an idea whose time has come and how using it cuts down costs Digital MakeMyTrip and ibibo merge in big consolidation in online travel space The combination will bring together a bouquet of leading consumer travel brands like MakeMyTrip, goibibo, redBus, Ryde and Rightstay. Digital Furlenco raises Rs 200 crore in debt and equity financing in new funding round This is the third investment in the country by Axis Capital Partners, which had earlier backed fin-tech venture uTrade and online marketplace for used automobiles and auto services Droom. Franchise Retrieve and explore information by framing the right questions Asking good questions is an essential survival skill for franchisees. Ecommerce MakeMyTrip to buy Ibibo Group's India travel business for $720 million MakeMyTrip’s acquisition of Ibibo Group’s travel business in India will create one of the largest travel companies in the country Ecommerce Google launches Firebase Cloud messaging for desktop and mobile web service India Live Today India Live TodayAfter implementing Firebase Cloud Messaging into the mobile web version of its AliExpress shopping app, Alibaba saw 178 percent higher conversion compared to people who use the mobile site but don't have the notifications enabled, Ozlen wrote in the ...sp; Marketing MakeMyTrip expands in fast-growing market with ibibo buy : Report Naspers and Tencent will be selling 100% of Ibibo Group in return for 40% stake in the combined entity, thus becoming the single largest shareholder i.. Marketing Liquor Brands Step Up Ad Spends : Report Advertising expenditure by liquor companies in India has touched Rs 162 crore in the first six months of 2016, rising 58% from a year ago, according to media buying agency Madison World.   Construction Rs 600-700 crore to be invested by Alpha Corp in distressed real estate assets in Delhi-NCR The company is looking at areas such as Golf Extension road, Gwal Pahadi and Dwarka Expressway, which have many uncompleted projects Construction Government will notify rules for 5 union territories this week The Central government is set to notify the rules of the Real Estate Act for five Union Territories to move ahead with implementation of the legislation that aims to regulate the housing sector and to protect the interests of consumers, who have been getting a raw deal from builders. 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