Saturday, January 7, 2017

January 7, 2017 - Salman Khan will play an ageing dancer in my film: Remo D'souza

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Two articles about Amazon caught my attention yesterday - both strengthen my will to invest my non-existent savings in Amazon shares. Vox makes the case that Amazon is innovating in ways very different from Google and Apple. I agree - While Google and Apple have struggled beyond their core areas, Amazon has made business successes out of completely unrelated products - the main Amazon.com ecommerce service, Amazon Web Services (Cloud Computing), Kindle (Devices), Amazon Echo (Home Automation). An explanation in this article. The second article is from Stratechery and has a nice primer on how the 'operating system' is the layer that dominates and makes money in a business ecosystem. It makes the case that Alexa is really Amazon's operating system for the home. Fascinating stuff! Full article here

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  Entertainment
Salman Khan will play an ageing dancer in my film: Remo D’souza
Salman Khan will play an ageing dancer in my film: Remo D’souza
Remo D’souza talks about working with Varun Dhavan, Salman Khan and his wish to work with Ranveer Singh.


Adv: The pursuit of purpose

In 2006, 17 years after starting the Akanksha Foundation, Shaheen felt compelled to address the issue of educational inequity at scale. As she thought through the solution, she believed that the answer lay in a people’s movement that needed to come together to provide every child in India an excellent education. Join us at the Great Place to Work® Conference 2017 to hear Shaheen Mistri, CEO, Teach For India and over 15 other leaders share their insights how to create a High-Trust, High Performance Culture™Learn more.

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Assistant Manager-AdministrationBookMyShow Mumbai
We are India’s biggest online entertainment platform. Monitoring the existing work premises and looking after their maintenance of the interiors and exteriors...
[Location :: India] Designer Intern :: Graphic Design, Industrial DesignDolby Mumbai
We continue to revolutionize how people create, deliver, and enjoy entertainment worldwide. Join the leader in entertainment innovation and help us design the...
Test EngineerGlobal Eagle Entertainment Mumbai
Global Eagle Entertainment Inc. Through the industry’s most comprehensive product and services platform, Global Eagle Entertainment provides airlines with a...
Entertainment
Scared to voice my opinion in films: Karan Johar
Scared to voice my opinion in films: Karan Johar
Karan Johar feels the directors are like therapist of actors.


Entertainment
Aishwarya Rai Bachchan keeps mum on rumour of film with Shah Rukh Khan
Aishwarya Rai Bachchan keeps mum on rumour of film with Shah Rukh  Khan
Aishwarya Rai Bachchan was asked if she is indeed working in a Sanjay Leela Bhansali project with Shah Rukh Khan.


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Entertainment
What Hrithik Roshan has to say about acting opposite Saif Ali Khan’s daughter Sara Ali Khan
What Hrithik Roshan has to say about acting opposite Saif  Ali Khan’s daughter Sara Ali Khan
Among the many rumours doing the rounds, one suggested that director Karan Malhotra will launch Saif Ali Khan's daughter Sara Ali Khan opposite Hrithik Roshan.


Sports
You will always be my captain MS Dhoni bhai, tweets Virat Kohli
You will always be my captain MS Dhoni bhai,  tweets Virat Kohli
Virat Kohli acknowledged former captain Mahendra Singh Dhoni for his contribution to Indian cricket.


Sports
Pankaj Advani knocked out of Kolkata Open Pro-Am in semi-finals
Pankaj Advani knocked out of Kolkata Open Pro-Am in  semi-finals
Dharminder Lilly and Sunil Saraogi pulled off a huge upset beating Pankaj Advani and Rajesh Tulsian 3-2 in the semi-finals.



Telecom
Rs 2K phone: Pichai's bet for India's digital age
Rs 2K phone: Pichai's bet for  India's digital age - Daily News Analysis
At IIT-Kharagpur, Google CEO Sundar Pichai hosted answered questions from students at an open-air theatre in the campus.


Telecom
India rejects T-Mobile patent for mobile terminals invention
India rejects T-Mobile patent  for mobile terminals invention - Financial Express
India's patent office has rejected an application by German telecom major T-Mobile International AG seeking a patent for an invention related to a method for optimising the operational times and cell exchange performances of mobile terminals.



Politics
'May Men Go Extinct': The Feminist Anthem Rocking Saudi Arabia
'May Men Go Extinct': The Feminist Anthem Rocking  Saudi Arabia
We nearly missed the best music video of 2016.


Politics
UP Assembly Election 2017: Neither BSP, SP nor BJP have upper hand in this battle
UP Assembly Election 2017: Neither BSP, SP nor BJP have  upper hand in this battle
If the road to 2019 is paved through the ides of February and March, it is so because the dates involve elections in India's largest state. Not to belittle the significance of Goa, Punjab, Uttarakhand and Manipur but it is hard to overstate the importance of Uttar Pradesh in setting the course of Indian politics.




Retail
At Rs 13566 cr revenues, top Flipkart seller WS Retail beats Shoppers Stop, Trent, others
At Rs 13566 cr revenues, top  Flipkart seller WS Retail beats Shoppers Stop, Trent, others - Financial Express
WS Retail, among the top sellers on Flipkart’s platform, reported a 33% rise in revenues in 2015-16 to R13,566 crore, according to a company filing with the registrar of companies.

Retail
Nearly 11 mn sqft of new retail space supply in 2017: Report
Nearly 11 mn sqft of new  retail space supply in 2017: Report - Business Standard
Rising disposable income coupled with growing interest from institutional investors is giving a boost to developers to take up retail malls space building which is expected to touch around 11 million sqft in 2017 across top eight cities, a recent


Finance
PSBs to have more attractive pay packages: Vinod Rai
PSBs to have more attractive  pay packages: Vinod Rai - Economic Times
PSBs will have far more attractive pay packages with increased bonus, ESOPs and other performances-linked variables in 2017-18, Bank Board Bureau Chairman Vinod Rai said


Finance
Sebi proposes retail investments in junk bond sales
Sebi proposes retail  investments in junk bond sales - Livemint
Sebi said retail investors should be aware of the higher potential risks involved in investing in such bonds



Logistics
CBI examines suspicious transactions of Rs 22 crore involving non existent entities in India and singapore in AirAsia matter
CBI examines suspicious  transactions of Rs 22 crore involving non existent entities in India and singapore in AirAsia matter - Daily News Analysis
CBI examines suspicious transactions of Rs 22 crore involving AirAsia - Tata Group joined hands with Singapore Airlines to start a new full-service airline AirAsia in India in September 2013.


Logistics
Tax refund to exporters within 7 days under GST: Sitharaman
Tax refund to exporters  within 7 days under GST: Sitharaman - India Live Today
Under the GST regime, the remaining 10% duty refund will be made after verifications by tax authorities



Software
Will there be global software giants emerging from India in 5-10 years?
Will there be  global software giants emerging from India in 5-10 years? - Hindustan Times
Asked on the next big thing at Google, Pichai said: “I can’t quite tell exactly but advances in AI and machine learning, we are making a big bet on that. Advances in...


Software
How few Indian startups are trying to solve unique Indian problems to beat foreign competition?
How few Indian startups are  trying to solve unique Indian problems to beat foreign competition? - Forbes
With Indian unicorns like Flipkart and Ola facing tough competition at home from global giants, a few startups are figuring out how to capitalize on the unique needs of Indians so far untapped by foreign companies.



HR

HR
Gujarat tops in creating jobs, state govt says
Gujarat tops in creating  jobs, state govt says - Times of India
Prior to the eighth Vibrant Gujarat Global Summit (VGGS) scheduled next week, the Gujarat government on Thursday claimed it was the top jobs creator in the country.



Marketing
Macy's Cuts Jobs as Trump Supporters, Missing Irony, Celebrate
Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities -- get all the breaking news, right now.


Marketing


Ecommerce
Flipkart's logistics arm Ekart pushing for more business from non-Flipkart companies
Flipkart's logistics arm  Ekart pushing for more business from non-Flipkart companies - Economic Times
While externalisation has been on the agenda of Binny Bansal since he took over as CEO in January 2016, the first priority for the company last year was improving customer experience.

Ecommerce
Flipkart logistics arm suffers massive Rs 810-crore loss
Flipkart logistics arm  suffers massive Rs 810-crore loss - Business Standard
With competition from Amazon, its value erode, making it harder to raise funds at new valuation


Franchise
Questions you need to answer when confronted with the challenge on how to start a franchise
Many of us have dreams of owning our own business. We opt for a franchise model because rightly so it offers some advantages over starting your own busines


Franchise
Franchisor Zone: Get a competitive edge over your competitors with the ideal franchisee
Franchisor Zone: Get a  competitive edge over your competitors with the ideal franchisee - The Franchise Institute
Do you have what it takes to successfully franchise your business. Find out the criteria for franchise success.



Construction

Construction


Food/FMCG
Ad says not safe for kids, Coke in damage control
Ad says not safe for kids,  Coke in damage control - The Asian Age
Coca Cola spokesperson Ishteyaque Amjad, however, said “the product is safe for children.”


Food/FMCG
Major mineral water, soft drink brands booked for dual MRP
Consumers have been fooled in various multiplexes and malls, says the Legal Metrology Organisation, which has conducted investigations exposing unfair practices



/ArchivesArchives
Railways manages operating ratio of 94 per cent despite pay hike, flat growth
Railways  manages operating ratio of 94 per cent despite pay hike, flat growth - Economic Times
Operating ratio shows how much of revenue goes into meeting expense. Lower the ratio better it is for the railways.


/Food/FMCGArchives
Sachet/pouch packaging and its semiotic value
Sachet/pouch packaging and  its semiotic value - Livemint
Does the mere fact that a premium brand is sold in a cheap sachet pack devalue it in the eyes of the consumer?


/Food/FMCGArchives

/Food/FMCGArchives
FMCG companies race after Patanjali's herbal products
FMCG  companies race after Patanjali's herbal products - Hindustan Times
The battle for shelf space in the FMCG segment is expected to intensify this year as Patanjali’s rivals , led by Hindustan Unilever, are aggressively launching...




/RetailArchives
Coca-Cola India partners the State Bank of India
Coca-Cola India partners the  State Bank of India - Economic Times
SBI will educate retailers on digital transactions and even a customised payment solution for retailers and distributors selling Coca-Cola products will be developed.



/RetailArchives
Grofers ties up with Freecharge to help users go cashless
Grofers ties up with  Freecharge to help users go cashless - India Retailing
Online grocery delivery service provider, Grofers, has tied up with one of India's leading digital payments platforms, FreeCharge, to help consumers go cashless for essential purchases.Grofers o



/RetailArchives
Retail startups see spike in orders, supply chain hit
CHENNAI: Startups, who had bet big on vegetable and fruit retail — like RainCan, DailyNinja and Ninjacart have seen an uptick in their orders even as management of their supply chain got tough with demonetisation.

/EcommerceArchives
No wonder Flipkart is bleeding. Just look at these ridiculous salaries
No wonder  Flipkart is bleeding. Just look at these ridiculous salaries - Quartz
Salaries of Flipkart employees could put you to shame. In April 2015 to March 2016, India's largest homegrown e-commerce company paid over Rs10 crore ($1.5 million) to six of its employees and over a crore to 101 others, regulatory filings sourced by data platform Tofler shows. The compensation to these top-paid employees alone takes the company's remuneration...



/DigitalArchives
Kalaari Capital-backed Eatfresh shuts down on-demand food delivery service
Kalaari  Capital-backed Eatfresh shuts down on-demand food delivery service
Internet-first restaurant brand Eatfresh, owned and operated by Chennai-based Ubiquitous Foods Pvt Ltd that also runs the bakery chain Ovenfresh, has shut down its retail food delivery services. According to a message on the website, the company has stopped its on-demand meal delivery service




/RetailArchives
FMCG firms take start-up route to new turf
FMCG firms take start-up  route to new turf - Hindu Business Line
When Dabur copied Paper Boat’s famous ‘doy’ packaging for its Hajmola Yoodley ethnic

/DigitalArchives
Sundar Pichai for SMBs: Highlights of speech
Sundar Pichai for SMBs:  Highlights of speech
Google has launched My Business to help SMBs build websites from scratch




/RetailArchives
Recovery in sales through modern retail channels evident: Titan
Recovery in sales through  modern retail channels evident: Titan - Economic Times
Analysts too are optimistic about the long-term prospects of the company, saying the recent correction is an opportunity to buy the stock.



/RetailArchives
Are you profitability ready? Perspectives on the Indian retail industry
Are you  profitability ready? Perspectives on the Indian retail industry - India Retailing
The Indian retail industry has experienced high growth over the last decade, with a noticeable shift towards organised retailing formats.The industry is moving towards a modern concept of retailin



/RetailArchives
Japanese sportswear brand Asics eyes local production for FDI, lower duties
“While we are an imported brand, we should soon start with 10-15 per cent of local footwear production in the next two to three years. Applying for FDI requires us to have 30 per cent local sourcing.”

/Food/FMCGArchives
FMCG firms to see 5-6% drop in bottomline in Q3 on note ban
FMCG firms to  see 5-6% drop in bottomline in Q3 on note ban - Economic Times
The third quarter can be a dismal period for FMCG companies as their aggregate revenue and net profits are likely to decline by 0.2 per cent and 5-6 per cent.




/Food/FMCG /SoftwareArchives
Finland's Salcomp to buy factory inside Nokia SEZ near Chennai
Finland's  Salcomp to buy factory inside Nokia SEZ near Chennai
Since Nokia got embroiled in a tax dispute, Salcomp and Laird had applied with the Delhi High Court for transfer of the sublease that Nokia had with Laird.




/LogisticsArchives
BMC road dept shies away from audit, faces probe, as they fail to produce bills of payments made to contractors since 2009
BMC road dept shies away from  audit, faces probe, as they fail to produce bills of payments made to contractors since 2009 - Times of India
MUMBAI: The scandal-hit civic road department will face an inquiry for failing to produce bills of payments made to contractors since 2009 for an audit.


/Marketing /Politics /RetailArchives
Women's ethnic wear tailors growth
Women's ethnic wear  tailors growth - Economic Times
The maker of W and Aurelia brands, which posted a 65 per cent growth in sales for FY16 at Rs 591 crore, is expecting a threefold jump in revenues in five years.

/PoliticsArchives

/RetailArchives
Rare Rabbit plans to have 35 stores by end 2017
Rare Rabbit, which has been conceptualised by the creative team of Mumbai-based Radhamani Group, has drawn up plans to open more concept stores in India and overseas. “Currently, we have four concept

/DigitalArchives
Lodha Group floats Rs 50 crore fund to back realty-tech startups
Lodha Group floats Rs 50  crore fund to back realty-tech startups
Real estate developer Lodha Group has launched its maiden investment fund for startups focussing on smart city solutions and the overall realty sector. Launched with an initial investment corpus of Rs 50 crore, the fund will not only provide angel funding and venture capital, but also business op




/SoftwareArchives
How the depressed are taking refuge in websites and apps?
How the depressed are taking  refuge in websites and apps?
From two sessions per week in October 2015, Ahuja is now down to one every fortnight. The web platform, she says, helped her regain her sense of purpose and improve relations with her husband.




/RetailArchives
Amazon, Forever 21 vying for bankrupt American Apparel: Report
Amazon, Forever 21 vying for  bankrupt American Apparel: Report - CNBC
Amazon's acquisition of American Apparel would be a major push for the e-commerce company into branded fashion and apparel.

/TelecomArchives
Nokia bags managed services deal worth Rs 1420 crore from Vodafone India
Nokia bags  managed services deal worth Rs 1420 crore from Vodafone India - ETTelecom.com
Overall services, which comprise managed services, after sales maintenance, filed operations, which includes manual maintenance work, and system integ..


/Telecom /FinanceArchives
Can India's biggest mobile wallet challenge traditional banks in new move?
Can  India's biggest mobile wallet challenge traditional banks in new move? - Business Standard
Paytm was one of 11 recipients of RBI's in-principle payments bank licence, reports Tech in Asia




/FinanceArchives
Apple confirms $1 billion investment in SoftBank tech fund
SoftBank is investing at least $25 billion in the fund and has been in talks with Saudi Arabia’s Public Investment Fund for an investment that could go up to $45 billion



/SoftwareArchives
Google to help Indian small and medium business market ride the digital highway
Google to  help Indian small and medium business market ride the digital highway
Under the programme called ‘My Business Websites, Google will provide free websites and web tools to small businesses to help them bolster their digital presence.




/SoftwareArchives
Will India takeover China as world's manufacturing hub?
Will India  takeover China as world's manufacturing hub? - NDTV
Offering Appple tax incentives would mean discriminating against other phone manufacturers that have already set up plants in India, says commerce ministry official




/Finance /EcommerceArchives
Adventz group not keen on Paytm stake
Adventz group not keen on  Paytm stake - Economic Times
According to media reports, industrialists Sunil Munjal and Saroj Poddar were in talks for a secondary deal to buy a minority stake from IDFC Securiti..



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