Tuesday, November 27, 2018

November 26, 2018 - Jio tops chart in terms of AGR in September quarter: TRAI data

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TradeBriefs Editorial From the Editor's Desk

The Chinese miracle and women's labour force participation
On a recent trip to China (Guagnzhou, Shenzhen), I experienced the Chinese economic miracle first-hand. The Canton fair (one of the largest trade fairs in the world) with over 189,000 visitors from around the world is a sight to behold. This Consumer & Industry Products fair had over 60,000 booths and would easily take someone a month to just glance through the entire exhibition once.
Something that stands out and a reason for the Chinese miracle (especially in comparison to India) is the high labour-force participation of women. You find women running stores at the various markets (electronics, fashion), using the subway to get to their corporate jobs and generally out and visible everywhere in the Chinese economy. As alluded to in this article, Indian attitudes on women staying at home after marriage, combined with lack of basic safety and amenities in various parts of the country for women to move around freely are withholding a valuable section of our society from not only finding fulfillment, but also holding back Indian economic progress.

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Telecom
Jio tops chart in terms of AGR in September quarter: TRAI data

The government's revenue share of licence and other fees is determined on the basis of the AGR from access services.


Telecom
Vodafone Idea running SDN, NFV trials in India; WiFi is a focus area: CTO

Vodafone Idea is doing a lot of work at simplifying the data center architectures and making sure that it has the latest generation data centers that ..


Telecom
Huawei to launch its most expensive smartphone in India on November 27

Chinese smartphone maker Huawei has confirmed that it will launch the most expensive Android smartphone on November 27 in India.


11 More Telecom Stories

Telecom department eyes reverse auction to meet fiscal needs

Under the reverse auction model, one could put up all bands for auctions.



 IT Audit -26th Sept'18 , Mumbai

Finance
48% of PE exits in India since 2003 took place in past 3 years

Sales to strategic buyers comprised almost a third of private equity exits in India from 2015 to 2017, the period under consideration in the McKinsey report


Finance
India still hasn't learnt its lesson from Nirav Modi, says a survey on bank frauds

Growing tech has made fraud detection more difficult and most banks lack tools to predict frauds, Deloitte said


Finance
Bankrupt firms in India to get a new and quick rescue option

Under the so-called 'pre-packaged' bankruptcy schemes, creditors and shareholders will approach a bankruptcy court with a pre-negotiated reorganization plan, as prevalent in countries such as the US and the UK


22 More Finance Stories

Suits sayings: ET's weekly roundup of the wackiest whispers and murmurs

The rich boys club was pleasantly surprised to see a swanky new Bombardier private jet on the Mumbai runway recently.



Food/FMCG

 


Food/FMCG
To tackle India's growing waste problem, some companies are changing the way they package products

The demand for sustainable packaging, made of paper, jute, cloth and even plants, is increasing around the country.


Food/FMCG
India is among the top markets for PepsiCo, business needs to grow faster: Ramon Laguarta, Global CEO

India is among the first few markets that Laguarta, the sixth chief executive in PepsiCos 53-year history, has visited after taking over from Indra Nooyi on October 3.




Today's TradeBriefs Cartoon
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Software
Indian IT sector was forecast to die. 4 ways IT companies changed in 2018 to deal with this

In October 2016, the global news agency Bloomberg had a column proclaiming the imminent death of Indian IT sector. The obituary said India's pre-eminent industry was 'terminally affected by the rise of robotics and artificial intelligence.' Come 2018, India's number one IT company is back to double-digit growth, no. 2 Infosys beat analysts estimates in second quarter of FY2018-19. And it will not be wrong to say that Indian IT companies have shown resilience in the face of the resilience.To get here, Indian IT companies have had to change every part of their process. This includes cutting jobs, changing how they work, investing in employee training in new skillsets, and more. The goal this time: Growing digital revenue, as it may help in offseting the contraction in the traditional business.


Software
Reimagining Indian Agriculture: How technology can change the game for Indian farmers?

Shameek Chakravarty - Last mile logistics, to get agri products, into the hands of farmers, is still a big challenge, and very often needs to rely on cash-based traditional distribution channels, which are not nimble enough, , logistics, agriculture


Software
India to see over 1 million cloud computing job roles by 2022: Report

Companies are currently investing 4.5 times the rate of traditional IT spending in cloud infrastructure, and it is expected to grow even faster by 202..


9 More Software Stories

After China, Actis planning to set up data centres in India

Actis is building the world's largest non-governmental data centre outside Beijing and is eyeing similar opportunity in India amid implementation of RBI norms on data localization



Ecommerce
From the Andamans, the story of how Amazon is going all out to dominate India's online retail market
From the Andamans, the story of how Amazon is going all out to dominate India's online retail market
For good reason: India is one of the world's fastest growing online commerce markets, slated to expand to $150 billion by 2022.


Ecommerce
Our funding focus is beyond Ecommerce: K Vijayaraghavan, principal scientific advisor to the Prime Minister
Our funding focus is beyond Ecommerce: K Vijayaraghavan, principal scientific advisor to the Prime Minister
"It is important to keep in mind that the best way to avoid challenges is not to get started at all," says Vijayaraghavan.


Ecommerce
IndiGo to charge for all web check-ins
IndiGo to charge for all web check-ins
India Business News: With IndiGo having 43% market share in domestic skies, other low cost carriers are likely to follow suit. What this means is that people travelling so


2 More Ecommerce Stories

Asus eyes 30 per cent share of India's gaming market
Asus eyes 30 per cent share of India's gaming market
Asus said it is confident of increasing its share in the growing Indian gaming PC market to 30 per cent by next year.



taggit



Digital
7-nation panel to grill Facebook over data scandals

International Business News: SAN FRANCISCO: After attending grilling sessions this year with lawmakers over data breaches and failure to tackle political interference, Facebook is.


Digital
Part 4 : Is Indian Politics Being Converted into a Game on Social Media Platforms like Facebook?

In this, the fourth article in a series, the Congress party's recent engagement with Facebook is looked into, new information on the activities of Cambridge Analytica's associates in India is reported and an allegation of possible conflict of interest relating to a senior employee of Facebook in India is examined.


Digital
Facebook to train 5 million Indians in digital skills by 2021

Facebook has already trained 1 million people across 150 cities and 48,000 villages in India


4 More Digital Stories

Franchise


Franchise
How co-working spaces are boosting realty

Theres a traditional business thats benefitted from the entrepreneurial boom — real estate. As startups seek affordable office space, more than 200 co-working spaces have come up across the country


Franchise
Indians are picking homestays over hotel rooms, says Airbnb's Amanpreet Bajaj

Bajaj, 37, tells Amin Ali that listings on the site in India have grown 115% in a year, and how Indians are looking for unique experiences on the road.


1 More Franchise Stories

Goqii to step into Japan next year, gets $30m in new round

Round, led by Japanese conglomerate Mitsui & Co, values wearable devices maker at $100-125m.




HR
Departure of Independent directors from sinking firms raises questions

The departure of directors from sinking ships raises more questions than answers.


HR
Hiring the perfect gig worker is no easy task

You may need to hire for a project on an urgent basis, but don't skip due diligence


HR
26/11 anniversary: Why security remains a Mumbai state of mind

Some private properties are secure, ready to counter another attack. However, vast swathes of the city remain vulnerable


2 More HR Stories

Public life will never equal the richness of private life: Gurucharan Das

Gurcharan Das is affable, well-spoken and genteel, but behind this urbanity lies a sharp, critical mind, a thinking man who is erudite and eclectic.



Logistics
Allianz, ESR Join Forces for $1B India Logistics Venture

Allianz is contributing half of the equity for a joint venture with ESR which expects to build a $1 bil logistics real estate portfolio in India.


Logistics
Debt-hit Jet Airways withdraws lounge access for economy fliers

The Naresh Goyal-controlled full service carrier posted a net loss of Rs 1,261 crore in September.


Logistics
Why the aviation industry is in nosedive

Almost everybody related to the industry is making big bucks, except the airlines


9 More Logistics Stories

JNPT SEZ eyes Rs 900-1,000 crore from land auction

Jawaharlal Nehru Port Trust's Special Economic Zone (SEZ) is expecting to rake in Rs 900-1,000 crore from auction of a 300-acre land parcel meant for industrial area, a top official has said.




Construction
Net worth of top realty barons continues to rise despite sectoral slowdown

According to a report, the total wealth of top 100 real estate barons account for Rs 2.37 trillion ($32.7 billion) in 2018, up 27 per cent against their cumulative wealth in 2017


Construction
Dharavi: Maharashtra government invites tenders to redevelop Asia's biggest slum

The government of Maharashtra has invited global tenders to kick start the process of redeveloping Dharavi.


Construction
Mumbai: State staff housing plan may help builder exploit prime Nepean Sea Road plot

MUMBAI: In a controversial proposal, the state government plans to open up for construction a green hill slope currently occupied by slums in the prim.


7 More Construction Stories

How co-working spaces are changing realty

Trend Tracking News: There's a traditional business that's benefitted from the entrepreneurial boom — real estate. As startups seek affordable office space, more than 200



Marketing
What's Dettol got to do with fighting air pollution?

A lot - RB is advertising its new Dettol SiTiSHIELD masks. Short-term, opportunistic product diversification? Or a viable long-term business?


Marketing
India's Advertising Stalwarts Look Back At Alyque Padamsee's Legacy

Advertisings stalwarts Piyush Pandey, Sam Balsara, Prahlad Kakkar on how Alyque Padamsee reshaped Indian advertising.


Marketing
Women cricketers score in brand arena

India Business News: Mithali Raj has inked a deal with a New Zealand-based bat maker apart from playing brand ambassador for Uber and Rio Tinto's Australian diamonds. Sour


505 More Marketing Stories

Ranbir Kapoor's sister Riddhima accused of copying designs from famous brand

Riddhima Kapoor Sahni recently launched a new festive collection for her brand and was accused of copying a design by the famous creator of first cultured pearl, Kokichi Mikimoto.




Politics
10 Years After 26/11, India Remembers How It Won Fight Against Terror
10 Years After 26/11, India Remembers How It Won Fight Against Terror
India marks the tenth anniversary today of the Mumbai terror attacks that left 166 people dead and hundreds injured.


Politics
Why last leg of campaigning is crucial in Indian elections
Why last leg of campaigning is crucial in Indian elections
The final stretch of campaigning and voter outreach is key to get votes as a high proportion of late deciders engage in bandwagon voting, data shows


Politics
Did organized crime syndicate kill Gauri Lankesh?
Did organized crime syndicate kill Gauri Lankesh?
The SIT probing the murder is preparing a 9,235-page additional charge sheet, which details the activities of an organized crime syndicate, and the role of a right-wing organization


11 More Politics Stories

Get Passports Under 48 Hours At All Indian Missions Now, Says VK Singh
Get Passports Under 48 Hours At All Indian Missions Now, Says VK Singh
Indian missions across the world would soon issue passports in less than 48 hours to citizens abroad, Minister of State for External Affairs VK Singh said in Washington.



Sports
Mary Kom named best boxer of World Championship
Mary Kom named best boxer of World Championship
The AIBA panel which chose the Indian as the best among the competitors was a richly deserved honour to Mary Kom, whose endurance, perseverance and the never-say-die attitude is unparallel in history.


Sports
After clearing her mind, Dipa Karmakar wins bronze at World Cup
After clearing her mind, Dipa Karmakar wins bronze at World Cup
Dipa Karmakar marked her return from knee surgery with a bronze medal at the FIG Individual apparatus World Cup in Germany.


Sports
Harmanpreet Kaur 'manipulative, lying, immature, undeserving captain': Mithali Raj's manager
Harmanpreet Kaur 'manipulative, lying, immature, undeserving captain': Mithali Raj's manager
Veteran cricketer Mithali Raj was left out of India women's T20 playing XI in the semifinal clash against England at ICC Women's World T20. India lost comfortably to England by 8-wickets.


15 More Sports Stories

IPL 12 auction to be held on December 18, given primetime slot: Reports
IPL 12 auction to be held on December 18, given primetime slot: Reports
IPL 12 auctions will be one-day affair and since December 18 is also scheduled to be the fifth day of the second Test between India and Australia, the organisers don't want it to clash with a match that has the potential to go down the wire.




Entertainment


Entertainment
#MeToo movement: IFTDA to deliver its findings about Alok Nath, Sajid Khan in a week
#MeToo movement: IFTDA to deliver its findings about Alok Nath, Sajid Khan in a week
Indian Film & Television Directors' Association (IFTDA), along with its mother body, Federation of Western India Cine Employees (FWICE) said they will take a decision regarding the sexual harassment charges made against Sajid Khan and Alok Nath within a week.


Entertainment
Mowgli Legend of the Jungle is the most honest retelling of The Jungle Book: Abhishek Bachchan
Mowgli Legend of the Jungle is the most honest retelling of The Jungle Book: Abhishek Bachchan
Abhishek Bachchan voices Bagheera in the Hindi version of Netflix film Mowgli: Legend of the Jungle. The Andy Serkis directorial starts streaming from December 7 on Netflix.


21 More Entertainment Stories

Al Pacino to star in big-screen adaptation of William Shakespeare's King Lear
Al Pacino to star in big-screen adaptation of William Shakespeare's King Lear
Al Pacino is all set to portray King Lear on the big screen adaptation of William Shakespeare's epic tragedy. King Lear depicts the gradual descent into madness of the title character after he disposes of his kingdom.



Work
IT superpower India has the world's least tech-savvy classrooms
IT superpower India has the world's least tech-savvy classrooms
Two-thirds of Indian students are still being taught with blackboards.


Work
'Sci-fi' plane with no moving parts flies successfully
'Sci-fi' plane with no moving parts flies successfully
MIT scientists create the first plane to fly without moving parts.


Work
The future of typing doesn't involve a keyboard
The future of typing doesn't involve a keyboard
You can already type in thin air, with your eyes, or with thought alone.


4 More Work Stories

Japan's government could pay people $27,000 to move away from Tokyo
Japan's government could pay people $27,000 to move away from Tokyo
The number of people living in Tokyo is increasing, while the rest of the country suffers from depopulation and dilapidation.




Life
Why do billions still lack basic sanitation?
Why do billions still lack basic sanitation?
With the development of hi-tech loos that use little or no water, why do so many people still lack basic access to toilets?


Life
How Instagram is putting food on the table for Indian influencers
How Instagram is putting food on the table for Indian influencers
The app is estimated to earn $7 million from the food segment alone in the country every year.


Life
More Americans find meaning in money than in religion or friends
More Americans find meaning in money than in religion or friends
Thanksgiving seems a fitting time for a study that reveals what people find fulfilling.


7 More Life Stories

Once the sound of rebellion, Bangladesh's rock music scene is fading
Once the sound of rebellion, Bangladesh's rock music scene is fading
A budding underground hip-hop scene is taking over.



Retail
Easier retail norms likely for ease of doing business
Easier retail norms likely for ease of doing business
A national policy for retail was also deliberated on as at present only three states — Karnataka, Andhra Pradesh and Maharashtra — have formal policies.


Retail
Retail activation: Why marketers love the malls
Retail activation: Why marketers love the malls
Malls with high average footfalls tend to earn 5-8% as additional revenue per month through brand activations. A major component of this is then reinvested in seasonal marketing to woo customers


Retail
Toys "R" Us Asia separates from US parent: Will it succeed in India?
Toys "R" Us Asia separates from US parent: Will it succeed in India?
Singapore [Singapore], Nov 26 (ANI): Last week, in the air-conditioned comfort of one of the numerous luxurious malls in hot and humid Singapore, an overhead conversation between a Singaporean and her American friend went like this: "What is the


12 More Retail Stories

Even in online retail era, Black Friday lures a crowd to physical stores
Even in online retail era, Black Friday lures a crowd to physical stores
It would have been easy for consumers to turn on their computers at home over plates of leftover Thanksgiving turkey and take advantage of the Black Friday deals most retailers now offer online. But across the US, thousands of shoppers flocked to stores on Thanksgiving or woke up before dawn the following day to take part in the most famous ritual of American consumerism. In New York, shoppers flocked to the Manhattan Mall, with stores like JCPenney offering major deals on toys and jewellery and just steps away from a major retail corridor on 34th street, which houses the city's landmark Macy's department store, and with dozens of choices nearby and good deals up for grabs early Friday. (AP)




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