Trending: Nov 17- Nov 24 : Future Group CEO Kishore Biyani expects e-wallet business to touch Rs 30000 crore next year

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Invite Friends   From the Editor's Desk A New Way to Become More Open-Minded - HBR Benjamin Franklin knew he was smart -- smarter than most of his peers -- but he was also intelligent enough to understand that he couldn't be right about everything. That's why he said that whenever he was about to make an argument, he would open with something along the lines of, "I could be wrong, but..." Saying this put people at ease and helped them to take disagreements less personally. But it also helped him to psychologically prime himself to be open to new ideas. History shows that we tend to choose political and business leaders who are stoic, predictable, and unflinching, but research indicates that the leadership we need is characterized by the opposite: creativity and flexibility. Continued here Advertisers of the day Wharton Business Analytics Team: Wharton's Business Analytics Program (Online) EMERITUS on Behalf of Columbia Business School Exec Ed: Enroll for the two-month Value Investing (Online) program Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails.     Future Group CEO Kishore Biyani expects e-wallet business to touch Rs 30000 crore next year Currently, there are 5 million plus registered users on Future Pay. Brands Lock Horns With Ecommerce Sites Over Deep Discounting For ecommerce discounts are a major driver of volumes and customer loyalty, but for some brands feel that this trend reduces their value How Marico is using AI to enhance its business prospects Marico is not only using automation but also relying heavily on analytics and AI (machine learning, in particular) to grow its own business and that of its distributors Thomas Cook opens new office in Lucknow UClean & Chem-Dry Works Together to Revolutionize Cleaning Industry in India - UClean, one of India's largest laundry companies, won the PAN India exclusive Masters Franchise development... Half of India's ATMs may close down by March 2019, warns CATMi A majority of the ATMs which can be shut down will be in the non-urban areas, CATMi said. Opinion | If I can port my mobile number why not my mutual fund? Mutual fund portability would mean there is no tax liability if an investor is simply moving her money from one asset class to another without redeeming the money for use In Amritsar Attack, Preacher Leading Congregation Among 3 Killed Main preacher Sukhdev Kumar was among the three persons killed in a grenade attack on a religious congregation here Sunday, an incident which the police are treating as a "terrorist act". Black Friday sale: What can you do sitting in India? If a retailer doesn't ship internationally, you can use a third-party shipping service like Viabox or boxinus to get your package delivered in India The ThickShake Factory eyeing 1000+ outlets across India The ThickShake Factory, a premium thick shake brand that recently completed a century of being operational with more than 100 outlets in India, is planning to expand its footprint in Telangana, Tamil Nadu, Andhra Pradesh, Karnataka, Gujarat, The real reason behind giving 'MSME loan in 59 minutes' Credit growth real rates to MSMEs are nowhere near the levels they were at the time of the last Lok Sabha elections Retail investors skewed towards equity asset; it is time to shift from products to solutions Talking to Mint, D.P. Singh of SBI Mutual Fund said it's time now to move from products to solutions as MF products can cater to different financial goals. Over-dependence of one type of product must end, he added Mumbai's new luxury flats face harsh realty In Worli and Prabhadevi, which host the super-rich, over half of upcoming residential towers are yet to be sold Jabong may sack additional 200 employees in three months as part of rejig at Flipkart US-based retail major Walmart, which owns a majority stake in homegrown online retailer Flipkart, is all set to merge Jabong with Myntra Why boards of Indian companies have work to do Boards have their work cut out, specifically in getting the board composition and succession planning right UClean Chem-Dry Works Together to Revolutionize Cleaning Industry in India UClean & Chem-Dry Works Together to Revolutionize Cleaning Industry in India - UClean, one of India's largest laundry companies, won the PAN India exclusive Masters Franchise development... Govt to develop prototype of 1kg after 60 nations including India okays change in def of kg India will adopt a new definition of the kilogram (kg) from May next year, after representatives of 60 countries voted to redefine the International System of Units last week. After mutual funds, will upfront cost on PMS and AIFs go too? Removing upfronts will help, but the regulator must also be willing to penalise mis-sellers  Jio likely to go slow on discounts in 2019, industry ARPU may recover: Report Fitch expects Jio's revenue market share, which is currently around 22.4 per cent, to grow to 30 per cent next year It is ceasefire, not a truce between RBI and govt Given all the acrimony in the past few weeks, it's understandable why the markets are relieved. Bank FDs vs gold vs stocks: How much you would have earned Various asset classes give different returns, which is why a portfolio must have an ideal mix of investments. Here's how four asset types have done in different periods Can govt make up for shortfall in GST revenue collections? GST collections in the first seven months of the year were 13% below the budgeted ₹1.12 trillion per month average How the rise of shadow banking fed India's 'clash of egos' Twitter CEO Jack Dorsey slammed for 'smash Brahminical patriarchy' placard TV Mohandas Pai, a former finance chief of software exporter Infosys, accused Dorsey of "hate mongering" against Brahmins Rahul Bose on Poorna debacle: Will never produce a film without a recognisable face Rahul Bose on Thursday said that after the box office debacle of his last film, sports biopic, Poorna: Courage Has No Limit, he will never produce a movie that does not have a star headliner. Why buying a home may not make economic sense Sometimes your parents push you into buying a house at a very early age, which could tie you down as your parents may have no clue about your present needs. India's watershed moment: A snapshot of the country's first multi-modal river port The National Waterways Act, which identified 111 inland national waterways, is expected to give a boost to this mode of transport. Mangal Prabhat Lodha tops GROHE Hurun India real estate rich list 2018 Mangal Prabhat Lodha was followed by Embassy Group's Jitendra Virwani and DLF's Rajiv Singh in the second and third spot, respectively Altico invests ₹570 crore in Bengaluru real estate projects Altico Capital has backed projects of Assetz Property Group and a plotted development project of Century Real Estate Holdings in Bengaluru Maharashtra IAS Officer Transferred Again, 12th In 13 Years A no-nonsense but popular Maharashtra bureaucrat Tukaram H. Mundhe was transferred for the 12th time in his 13 years as an Indian Administrative Service officer on Thursday. GST, a game-changer reform for logistics sector In pre-GST era, the industry was struggling to add value to its customers, compared to global peers Is water transportation the panacea to India's logistic problems as touted? While the govt has been passionately projecting it as a cheaper and time-efficient alternative, experts aren't all that convinced It's e-commerce first for FMCG firms in new launches It's e-commerce first for FMCG firms in new launches - Firms including ITC beta-testing products with limited period offers on e-commerce portals before launching them in stores View from India: Data analytics set to redefine the shopping experience Online retailer Amazon will reportedly open 3,000 physical cashier-less stores in the next three years. Digital Disruption to add 1.4M new IT jobs in India by 2027 Study identifies the most significant roles in IT in the country, , Digital disruption It's e-commerce first for FMCG firms in new launches It's e-commerce first for FMCG firms in new launches - Firms including ITC beta-testing products with limited period offers on e-commerce portals before launching them in stores When Nerolac turned baggage belts into shade cards We spoke to Peeyush Bachlaus, GM - marketing, Kansai Nerolac Paints, about the outdoor campaign. Our new reality that Binny Bansal's Flipkart exit helped reinforce: Quick to praise, even quicker to judge Binny Bansal's exit from Flipkart highlighted what has increasingly become our new reality: we're quick to praise and quicker to judge. Which is why, even as news from Flipkart continues to unfold, I ... Flipkart plans major hiring, looks for CTO, CPO India Business News: Binny Bansal's exit last week led to one of the most turbulent times at Flipkart, but CEO Kalyan Krishnamurthy is trying to quickly stabilise the comp HUL goes all out to make staff future-ready This is about making employees and the organisation ready for the next leap in business, and the way forward to ensure that business remains contemporary and ahead of the curve. Here's the story of Nisha Lobo, the girl in the new heartwarming Vicks #TouchofCare ad Nisha Lobo lives every day of her life proving that what you look like on the outside doesn't matter, it is who you are on the inside that does. Filter coffee gets a unique iD: how PC Mustafa's idli-dosa disruptor is transforming the sacred south Indian brew The son of a daily-wage worker who couldn't afford breakfast is now south India's breakfast king, thanks to unparalleled packaging and distribution smarts. Chai Point to start hybrid pay model, eyes expansion System to be integrated in tea chains beverage dispenser model called BoxC. TRAI's New Pricing Rules For DTH and Cable TV Is Great News For Consumers TRAI has passed a new set of regulations in India which prevent cable TV and DTH operators from charging unrealistically high prices from users. Can't see myself becoming a politician, says Viswanathan Anand With two big names in Rajinikanth and Kamal Haasan taking the plunge into politics in Tamil Nadu, Viswanathan Anand denied he wishes to join the list. Why Marketing People Quit... Why do people leave - and what needs to be done. Lokmat's Shalini Gupta joins Inox as VP Telecom tariffs may not rise till Jio hits 400 mn users: Analysts The hyper-competition in the telecom sector is expected to spill over to the coming year as Reliance Jio will continue to dominate the 4G space for next six to twelve months. India may get its first woman chief economic advisor The govt has constituted a committee headed by former RBI governor Bimal Jalan to look for the next CEA. Apollo Hospitals, a $2 billion health empire run by four sisters, makes a comeback Now, almost Rs 2,000 crore and four years of construction later, there are signs that Apollo Hospitals' strategy is about to pay off To bypass H-1B hurdles, Indian IT firms are now hiring on TN visas New strategies. HR importance is growing along with rise in Gig Economy "HR importance is growing along with rise in Gig Economy": TV Narendran, Chairman, CII National Committee on Leadership & HR Amazon India's stores and delivery network help it fight Flipkart ... Before any Amazon parcel arrives at Havelock Island in India it undertakes an extraordinary journey by road, air, and sea. Fishing boats to small stores, Amazon will stop at nothing to win in India Before any Amazon parcel arrives at Havelock Island in India it undertakes an extraordinary journey by road, air, and sea. Time-management tips from the productivity expert who trains Google executives Almost no technology required! Retailers aim to pick up business from defunct, dying rivals TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India