Friday, November 16, 2018

November 15, 2018 - How Vodafone Idea's $3.5 bn fundraising will impact telecom in India

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TradeBriefs Editorial From the Editor's Desk

The Fundamentals of Leadership Still Haven't Changed - HBR
Yes, the leadership development industry is thriving, and yes there are a lot of new and interesting ideas, some of which may prove to be helpful. But despite many changes in our context -- as organizations have become more democratic and networked, for example -- in its fundamentals leadership has not changed over the years. It is still about mobilizing people in an organization around common goals to achieve impact, at scale.
This tried and true perspective on leadership was reinforced for us during the past year as we researched and wrote the HBR Leader's Handbook. We interviewed over forty successful leaders from a variety of organizations (corporate, non-profit, startup), across different industries. We then reviewed several decades worth of articles from the Harvard Business Review to understand the recurring messages from academics and practitioners about what leaders should do.

Continued here

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Telecom
How Vodafone Idea's $3.5 bn fundraising will impact telecom in India

A more aggressive stance from Vodafone Idea will make the market share battle against Reliance Jio and Airtel uglier. As such, things may get worse before they get better on the profitability front


Telecom
Govt orders telcos' audit, suspects under-reporting of revenues

The government, which gains revenues from the sector as a percentage of their adjusted gross revenues (AGR), feels that not all may be well when it co..


Telecom
Airtel appoints Adarsh Nair as CPO: report

Airtel has appointed Adarsh Nair as chief product officer, he will be responsible for the digital products and platforms, reports The Hindu Business Line. Nair will report directly to managing dire…


7 More Telecom Stories

MediaTek eyes 5G alliances with telecom carriers in India, China, US

MediaTek is optimistic about opportunities in the Indian market with growing business over the last few quarters and believes that 4G-enabled feature ..



 IT Audit -26th Sept'18 , Mumbai

Finance
ICBC India sets USD 200 million fund for investing in Indian MSMEs ventures

Industrial and Commercial Bank of China (ICBC) India has established a USD200 million fund for investing in promising Indian MSMEs and ventures, said  Industrial and Commercial Bank of China (ICBC) CEO Zheng Bin.


Finance
Dividend up to ₹10 lakh from shares exempt

To claim Foreign Tax Credit, you must submit a statement of foreign income and tax deducted on income, in Form 67


Finance
What's algo trading, how does it affect you?

Algorithmic or automated trading refers to using a computer program that automatically submits trades to an exchange without any human intervention


20 More Finance Stories

Perpule raises $4.7 million from Prime Venture, Kalaari, Venture Highway

Perpule plans to use the funds for significant expansion into thousands of retail outlets across 10 cities in the next year



Food/FMCG
Nielsen India sees FMCG growing at 12-13% in October-December period

The rationale behind the double-digit growth forecast is strengthening GDP, boost to rural income and a controlled inflation rate


Food/FMCG
Milk in India is largely safe but quality issues persist- FSSAI

At least 41% (2607) samples were for processed milk and remaining 59% (3825) were of raw milk


Food/FMCG


4 More Food/FMCG Stories

Modern trade, regional brands gaining momentum in India's FMCG landscape

Eastern region pulled up volume growth to a healthy 13%, highest in the past five quarters




Today's TradeBriefs Cartoon
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Software
Why start-ups fail even when they don't face a cash crunch

The tech teams that create the user platform are unable to demonstrate scale to investors


Software
Infosys founder Narayana Murthy backs Modi for second term, pitches for continuity

Infosys founder Narayana Murthy also talked about the ongoing rift between the central government and the Reserve Bank of India (RBI), and said that both parties - the RBI and the government - are doing "what is legitimately their mandate".


Software
India's IT spending to grow 6.7% in 2019 to $ 89 billion: Gartner ...

Digital transformation of business processes across private and government run organizations continues to be one of the key drivers for this growth.


6 More Software Stories

Vertical-focused strategy to drive NIIT Tech growth

Over the past year, the company has poached executives from companies such as Accenture and Infosys to lead these business segments.



Ecommerce
Nervousness grips startup founders, acknowledge need for timely disclosures after Bansals exit

Some are now more sensitive to the equation that founders and senior executives at startups share with women colleagues.


Ecommerce
Paytm turns to leverage wholesale business like rivals Flipkart, Amazon

Amazon and Flipkart have been using their wholesale units as distribution channels that source products from brands directly and then supply these to their third-party vendors.


Ecommerce
E-commerce to contribute 11% of FMCG sales by 2030: Nielsen

E-commerce contributed 0.4 per cent to FMCG sales in 2016 and in 2018 it is expected to be around 1.3 per cent of the branded packaged FMCG sales.


2 More Ecommerce Stories

India: Ecommerce: Intermediary's Liabilities And Duties
The question that arises is at what point can the platform can say it is only an intermediary. India Intellectual Property NovoJuris Legal 14 Nov 2018



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Digital
WhatsApp to fund 20 research projects into fake news, 6 in India

WhatsApp will fund research into fake news on the heels of receiving global backlash for being a catalyst towards the spread of fake news and misinformation. It will fund 20 research projects from …


Digital


Digital
Why it won't be easy to ban cryptocurrencies in India

Prohibition can spawn money laundering, and tax evasions.


3 More Digital Stories

A New Hedge Fund Is Betting On Bitcoin Adoption--And Has The Data To Back It Up

Declining bitcoin and cryptocurrency prices are obscuring an underlying growth in adoption and institutional infrastructure, according to a San Francisco-based hedge fund...



Franchise
Top five most popular franchised retail brands

Here is the sneak peek on top franchised retail brands with unique business model.


Franchise
McDonald's clicks on delivery apps, Domino's deletes them

McDonald's clicks on delivery apps, Domino's deletes them - Jubilant FoodWorks moves pizza delivery in-house; McDonald's partner sees third-party food delivery aggregator platforms an additional revenue stream


Franchise
These startups are making the world a better place for your little ones

Various countries celebrate Children's Day on different dates. In India, November 14 is celebrated as Children's Day to mark the birth anniversary of India's first Prime Minister Pandit Jawaharlal Neh...




HR
Gautam Singhania quits as Raymond Apparel CEO, hires ad veteran to run firm

Company officials said Singhania resigned because he wanted seasoned executives to professionalise Raymond Apparel's management and enhance corporate governance


HR
Flipkart seeks to soothe employee nerves after Binny Bansal's exit

According to sources, various heads at the e-commerce giant have been engaging with their teams to answer any queries and address concerns related to business and operations after Bansal's exit.


HR
HR professionals in India among top three most in demand

India has seen a surge in talent demand in various industries including Automobile, Infrastructure, Logistics, and Supply Chain Management.


1 More HR Stories

Are You Workplace Cultured?

By Anuvab Pal A number of Indian startups — our great glory to economic success — have come under the spotlight, mostly for the conduct of powerful men in those firms. These are the sort...



Logistics
With Jet stuck between hope and despair, Naresh Goyal is running out of time

Goyal has a reputation of swinging deals. Will he be able to convince the Tata Group? He is running out of time.


Logistics
SpiceJet posts ₹ 389 cr loss on higher fuel prices, weak rupee

The rising cost of aviation turbine fuel and the depreciation of the rupee has seen the Delhi-based low-cost airline SpiceJet post a net loss of ₹389.4 crore for the quarter ended September 30 this ye


Logistics
Flying from Delhi? Brace for some inconvenience from Friday

Two runways will be closed for repair and maintenance purpose while only two will be operational, according to the airport operator, DIAL.


7 More Logistics Stories

Drunk Irish woman abuses, spits on Air India crew for denying more alcohol

A video of the incident ​​happened on the November 10 Air India flight AI-131 has gone viral over the social media showing the woman abusing the crew members




Construction
Dos and Don'ts of Investing in Indian Real Estate Post RERA

"The market is definitely a safer and more regulated place today. There is an increased awareness and more transparency, leading to better deals. After RERA, a lot of defaulters faced the music giving way to better market players. However, the real results will be seen only in the next 3-5 years", said Sunil Tyagi, Co- founder and Senior Partner, Zeus Law.


Construction
Managing compliances in real estate sector is high rise and high risk

With increased globalisation in the real estate sector, an increasing number of foreign players are making or looking to make a foray into India.


Construction
Lodha expects mid-income housing projects to account for 50% of its sales in 2018-19

Mumbai-based Lodha Developers, India's largest residential developer by sales, expects its housing business in the ₹35 lakh-₹1 crore segment to grow significantly faster than other verticals over the next 2-3 years


7 More Construction Stories

Architect Magazine Selects the Top 50 Architecture Firms in the US for 2018

Architect Magazine has unveiled the 2018 edition of the "Architect 50," their list of the 50 best architecture firms in the United States. This year...



Marketing
SBI Life Insurance taps into the social beverage of India, extends the 'Main se Hum' brand campaign on ground

SBI Life Insurance, a leading private life insurance company in India, has collaborated with advertising start-up, CupShup, known for its popular technique of converting tea and coffee cups into a platform for brands. The on-ground extension of SBI Life's 'Main se Hum' campaign is aimed at creating


Marketing
Google Continues to Remain the Most Recommended Brand by Consumers; WhatsApp and MMT Follow
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
Ten reasons why marketing plans fail

Customers have certain expectations from a business and the way a business meets those expectations, defines its brands


455 More Marketing Stories

No ads allowed on school buses: Govt

PANAJI: More than a year after, Kadamba Transport Corporation (KTC) came under fire for some of its school buses featuring a contraceptive advertiseme.




Politics
For Support In 80 UP Seats, Yogi Adityanath To Take Part In Bike Rallies
For Support In 80 UP Seats, Yogi Adityanath To Take Part In Bike Rallies
Senior BJP leaders, including Uttar Pradesh Chief Minister Yogi Adityanath, will be riding bikes across the state to drum up support in the 80 parliamentary constituencies of the state starting Saturday, a party spokesman said on Wednesday.


Politics
Nehru Became PM On Compassionate Grounds: BJP Hits Back At Shashi Tharoor
Nehru Became PM On Compassionate Grounds: BJP Hits Back At Shashi Tharoor
Slamming Congress leader Shashi Tharoor for his remarks that India has a tea seller as its prime minister today because of the country's first PM Jawaharlal Nehru, the BJP on Wednesday retorted that rather Nehru became the PM on "compassionate grounds".


Politics
Andhra Pradesh Gets A State Emblem With Dhamma Chakka
Andhra Pradesh Gets A State Emblem With Dhamma Chakka
The state emblem, inspired by the Amaravati School of Art, consists of "Dhamma Chakka" - "the Wheel of Law" embellished with a ring of Triratnas alternating with pinnate leaves and precious stones.


8 More Politics Stories

Tax authorities chasing 80,000 cases where returns not filed post-demonetisation
Tax authorities chasing 80,000 cases where returns not filed post-demonetisation
CBDT chairman Sushil Chandra says the department has also identified nearly 80 lakh people who had filed their returns during the past 3 years but have not done that so far



Sports
ISL 2018-19: Continuity and freedom key to Sergio Lobera's success
ISL 2018-19: Continuity and freedom key to Sergio Lobera's success
Sergio Lobera has established an identity at Goa


Sports
Australia players to have only limited IPL role
Australia players to have only limited IPL role
Those named in the World Cup squad will have to attend a preparation camp and play warm-up matches in early May


Sports
South Africa lose 9 for 28 as West Indies defend 107
South Africa lose 9 for 28 as West Indies defend 107
Shabnim Ismail rocked West Indies' top order, but South Africa lost their last nine wickets for 28 runs and were bundled out for 76


11 More Sports Stories

Pullela Gopichand pleased with shuttlers' performance in 'tough' year
Pullela Gopichand pleased with shuttlers' performance in 'tough' year
Pullela Gopichand termed the year gone by as a "tough" one, but expressed satisfaction that the target to do well in major events was achieved.




Entertainment
Ranveer Singh starrer Simmba faces trouble over infringement charges levelled by a beverage company
Ranveer Singh starrer Simmba faces trouble over infringement charges levelled by a beverage company
While Ranveer Singh is gearing up for the most special day of his life in Italy currently, trouble has been brewing up around the actor's forthcoming film Simmba. The Rohit Shetty directorial has been facing legal charges levelled by a beverage company which is mainly known for its brand of beer. The company known as Sona Beverages which endorses products in the name of Simba has decided to file infringement suit against the makers of the Bollywood film Simmba. The case is being heard at the Delhi High Court where we now hear that Rohit Shetty has to file his response to the plea filed by Sona Bevarages Co. Ltd. Justice Pratibha M Singh heard the case recently and has reportedly decided to explore the possibility of an arrangement. As per the order that was passed on November 2, according to recent reports, if the production Rohit Shetty Picturez fails to respond to the notice, the matter will be further heard on December 4. Sona Beverages, in its notice, has allegedly mentioned that the film's title infringes the copyright of the word Simba, which is used by the Chhattisgarh based company to sell their products including beer and also non-alcoholic drinks. Furthermore, as per recent reports, they have also stated in their notice that besides them, they have also many merchandise like apparels, playing cards which they have been selling under the Simba title since 2015. Keeping in mind all these aspects, Simba decided to file a legal suit.


Entertainment
Netflix, Amazon Prime sued for showing obscene content
Netflix, Amazon Prime sued for showing obscene content
The petition was filed by NGO, Justice for Rights, for removal of vulgar and sexually explicit content from online platforms like Netflix, Amazon Prime Video and others.


Entertainment
CMA Awards 2018 Winners: The Complete List
CMA Awards 2018 Winners: The Complete List
Carrie Underwood and Brad Paisley host the annual ceremony for an 11th time


10 More Entertainment Stories

Biopic on Bhaichung Bhutia in the pipeline
Biopic on Bhaichung Bhutia in the pipeline
After the announcement of biopics on sports stars Saina Nehwal, Abhinav Bindra, Pullela Gopichand and Mithali Raj, now a biopic on former Indian footballer Bhaichung Bhutia has been announced.



Work
Future of Tech: Smarter Cameras Will Transform Everyday Life
Future of Tech: Smarter Cameras Will Transform Everyday Life
Advances in intelligent-camera systems could end up making lenses more central to people's lives inside and outside the home.


Work
This Is The Shocking Cost Of Type 1 Diabetes
This Is The Shocking Cost Of Type 1 Diabetes
It's World Diabetes Day and I, as a Type 1 diabetic, want to delve a little deeper into the devastating game of debt VS death that so many of us have to play each day.


Work
Facebook takes on LinkedIn as a career portal with e-learning, expanded mentorship and jobs features
Facebook takes on LinkedIn as a career portal with e-learning, expanded mentorship and jobs features
With the launch of a way for people to connect with each other in mentoring relationships, and to look for jobs, Facebook has over the last year or so slowly been encroaching on LinkedIn's territory as the go-to platform for people who want to leverage their networks of contacts to expand the…


11 More Work Stories

U.S. Fights China for Influence in Asia, One Project at a Time
U.S. Fights China for Influence in Asia, One Project at a Time
The U.S. has a new strategy aimed at ramping up investment in Asia to vie with Chinese President Xi Jinping's overseas infrastructure-building spree, as Beijing grapples with setbacks to its sprawling program.




Life
Think US politics are bad? The Czech PM allegedly kidnapped his own son in a fraud scandal
Think US politics are bad? The Czech PM allegedly kidnapped his own son in a fraud scandal
A controversial rightwing billionaire leader is in political turmoil over an scandal involving his son, whom he named after himself. Sound familiar?


Life
A week after Diwali, Delhi is still struggling to breathe
A week after Diwali, Delhi is still struggling to breathe
Air quality remains poor even a week after Diwali


Life


11 More Life Stories

US manufacturing has a huge image problem
US manufacturing has a huge image problem
It's a big reason $2.5 trillion in US economic output will be at risk over the next 10 years, a new study says.



Retail
Restaurants ready to party as more Indians step out to eat
Restaurants ready to party as more Indians step out to eat
After battling policy issues & inflation, eateries, with better efficiencies, are seeing a revival.


Retail
This is why online customers abandon their shopping carts
This is why online customers abandon their shopping carts
Consumers are more apt not to go through with an e-commerce purchase if the retailer fails to provide experiences and services.


Retail
Top five most popular franchised retail brands
Top five most popular franchised retail brands
Here is the sneak peek on top franchised retail brands with unique business model.


11 More Retail Stories

Apollo Hospitals to hive off retail pharmacy business into new company
Apollo Hospitals to hive off retail pharmacy business into new company
Apollo Pharmacy (APL) will be a wholly owned subsidiary of Apollo Medicals. The listed parent company, Apollo Hospitals Enterprise will hold 25.5% stake in Apollo Medicals (AMPL) .




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