Saturday, October 29, 2016

October 28, 2016 - India-New Zealand 5th ODI: Buzz before the storm, cyclone Kyant dampen spirit

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Michael Wolf (ex-MTV, McKinsey, Yahoo, Activate) made an epic presentation on the future of media and tech at The Wall Street Journal's digital conference. His predictions include the growth of subscription revenue as a business model and the death of the 'pay per download' model. Full presentation here

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Sports
India-New Zealand 5th ODI: Buzz before the storm, cyclone Kyant dampen spirit
India-New Zealand 5th ODI: Buzz before the storm, cyclone Kyant  dampen spirit
Nervous Vizag looks skywards, prays that cyclone over Bay of Bengal stays away; curator defends dodgy pitch.


Adv:ROHAN IKSHA - HOMES YOU CAN LOOK AROUND FROM

The project is located just ~1km from the Sarjapur Marathahalli Link road. (GPS: 12.9275, 77.6986). It is next to the Embassy Tech Village and the Cessna Tech Park.Read more

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Sports
From boxer to cop to boxer again, Jitender Kumar revels in rebirth
From boxer to cop to boxer again, Jitender Kumar revels in  rebirth
Jitender Kumar is set to sign up with Infinity Optimal Solutions (IOS), the promoters who manage reigning WBO Asia Pacific champion Vijender Singh.


Sports
India to face South Korea in Asian Champions Trophy semifinal
India to face South Korea in Asian Champions Trophy semifinal
The other semifinal at the Asian Champions Trophy will see Pakistan take on Malaysia with the latter finishing second in the table.


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

Sports
Let MS Dhoni play at number four, he will finish from there: Sourav Ganguly
Let MS Dhoni play at number four, he will finish from there:  Sourav Ganguly
Sourav Ganguly wants MS Dhoni to continue batting at no.4 position for India in the shorter-format.


Entertainment
Is Shah Rukh Khan returning in Don 3? It sure seems possible
Is Shah Rukh Khan returning in Don 3? It sure seems  possible
After five years of the release of Don 2, it seems Don 3, the next in the sequence will soon hit the floors. Is Shah Rukh Khan returning in Don 3?


Entertainment
Katrina Kaif at MAMI: I don’t classify roles as glamorous and deglamorous
Katrina Kaif at MAMI: I don’t classify roles as glamorous  and deglamorous
Katrina Kaif answered a fan's question at MAMI about her inclination to take up deglamorous roles.



Politics
Tit For Tat: Pakistan Declares An Indian Diplomat 'Persona Non-Grata,' Orders To Leave Within 48 Hours
Tit For Tat: Pakistan Declares An Indian Diplomat 'Persona Non-Grata,' Orders To Leave Within 48 Hours
Earlier today, India declared a Pakistan High Commission staffer in New Delhi as persona non-grata for espionage activities


Politics
Govt May Change Law On Censor Board, Says M Venkaiah Naidu
Govt May Change Law On Censor Board, Says M Venkaiah Naidu
"Government is open to making necessary changes. Cinematograph Act came in 1952 and film certification has to be done under that Act."



Retail
Urban Ladder reinvents itself with focus on offline stores
Urban Ladder reinvents itself  with focus on offline stores - Financial Express
Online furniture and home decor brand Urban Ladder has unveiled its new brand identity with the tagline Let’s Create, in a bid to open up distribution channels to reach out to new customers.

Retail
India's businesses focused ecommerce segment is transforming online ordering
India's  businesses focused ecommerce segment is transforming online ordering - Economic Times
Primary among these factors is the impending rollout of the proposed Goods and Services Tax, which would simplify selling to business across states.


Telecom
Vodafone India expands 4G network in Gujarat
Vodafone India expands 4G  network in Gujarat - Hindu Business Line
Vodafone says there are no different prices for 4G, so our 3G customer gets 4G services at the same price


Telecom
Sunil Bharti Mittal becomes first Indian to chair prestigious telecom industry Board, GSMA
The GSMA today announced that it has elected Sunil Bharti Mittal, Founder and Chairman, Bharti Enterprises, as Chairman for the two-year period from January 2017 through December 2018

 



Finance

Finance
Tata Steel assures investors on European business sale plans
Tata Steel assures investors  on European business sale plans - Livemint
Tata Steel says on track for sale or joint venture for its European business and sale of its UK assets, a day after Cyrus Mistry made public the extent of writedowns



Logistics
GST will necessitate over 51 million SMEs in India to consider reinvesting or redefining their business processes; SAP and Assocham's tech resource centre helping with simple structure
GST will necessitate over 51  million SMEs in India to consider reinvesting or redefining their business processes; SAP and Assocham's tech resource centre helping with simple  structure - Economic Times
SAP in partnership with Assocham launched a resource centre that will be a one-stop portal for businesses looking at adopting or migrating to technology that will make them future ready for GST


Logistics
Air India: A consortium of 19 banks are looking at converting Rs 10,000 cr debt into equity, then banks could hold up to 40% stake in airline
Air India: A consortium of 19  banks are looking at converting Rs 10,000 cr debt into equity, then banks could hold up to 40% stake in airline - Firstpost
Restructuring of loans is critical to Air India’s turnaround. But it also brings to mind a similar attempt to involve banks in another airline’s turnaround



HR
India faces deepening crisis on job front: CPI-M
India faces deepening crisis  on job front: CPI-M - Business Standard
Saying India is facing a deepening crisis on the employment front, the CPI-M has said THAT the failure to create jobs "is the single biggest failure of the Modi government".


HR
Twitter beats revenue estimates, cuts 9 per cent jobs
Twitter beats revenue  estimates, cuts 9 per cent jobs - India Today
The social network has been struggling to sign up new users amid competition from nimbler rivals such as Instagram and Snapchat.



Software
Qualcomm to acquire NXP Semiconductors for $47 billion : Plans to expand its reach beyond phones
Qualcomm to acquire NXP  Semiconductors for $47 billion : Plans to expand its reach beyond phones - Firstpost
Qualcomm Inc said on Thursday it agreed to buy NXP Semiconductors NV for about $47 billion, including debt, as it seeks to expand the reach of its chips from phones to cars.


Software
IBM acquires Bangalore-based Sanovi Technologies to boost hybrid cloud
IBM acquires  Bangalore-based Sanovi Technologies to boost hybrid cloud - Economic Times
Sanovi was founded in 2003 and has operations in the United States, the Middle East, and Asia.



Marketing

Marketing
MakeMyTrip posts a net loss of $34.9 million in September quarter : Report
MakeMyTrip  posts a net loss of $34.9 million in September quarter : Report - Medianama
Online travel agent MakeMyTrip has reported a loss of $34.9 million for the quarter ended September, 2016 (Q2 FY17). This is the 16th straight quarter of losses for the company. Losses were up from $12.2 million in the same quarter last year. However, the company reported revenues of $83.1  mill



Construction

Construction


Digital
Snapdeal looks to consolidate ops; moving to co-working hubs to trim cost
Snapdeal looks  to consolidate ops; moving to co-working hubs to trim cost - news
Startups has picked up an entire floor in co-working space provider Awfis Space Solutions hub in Andheri (west) that has a total capacity of 255 seats.


Digital
24 karat gold on the got: Bluestone launches vending machine that sells gold
24 karat gold  on the got: Bluestone launches vending machine that sells gold  - NextShark
Rich Indians love their shiny treasures, which might explain the growing number of startups in India, most of which are online shops, that are continuously tapping on the country’s notorious age-old obsession with both gold and jewelry. One particular company is Bluestone, a startup backed by Indian businessman Ratan Tata, which has just created a gold-vending machine for …



Ecommerce
Flipkart and Tiger Global-backed Ather Energy raises Rs 180cr funding from Hero MotoCorps
Flipkart and Tiger  Global-backed Ather Energy raises Rs 180cr funding from Hero MotoCorps - YourStory.com
In an earlier chat with ET, Ather Energy executives had said that the company had capped initial production at 10,000 units across three markets - Bengaluru, Chennai and Pune. The investment by Hero MotoCorp is expected to be made in tranches.


Franchise






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