Tuesday, January 15, 2019

January 14, 2019 - Indian IT major Infosys drops plan to sell Panaya, Skava

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Software
Indian IT major Infosys drops plan to sell Panaya, Skava

Panaya was among Infosys' most ambitious buys that eventually became a bone of contention between founder Narayana Murthy and the then CEO and MD Vishal Sikka.


Software
Angel Tax: Government, Babus Not In Sync With India's Start-Up Story, Says R Chandrashekhar

The purpose of the angel tax was ostensibly to weed out money launderers who could use undisclosed income to invest in start-ups.


Software
Apple Maps set to challenge Google's domination in navigation in India

Apart from this, Apple Maps will also now be able to make full use of service integration, which gives its users booking cab services such as Ola and Uber while searching for a location. Tapping on any of the cab options will open the respective app.


9 More Software Stories

Infosys plans less staff deployment to meet future demands, check attrition

With increased onsite and offshore hiring, company wants to stay prepared for new deals





Ecommerce
Amazon has 1,300 vacancies in India, highest in Asia-Pacific

India Business News: Amazon continues to expand India operations. At the end of 2018, it directly employed over 60,000 people in India. That's about 10% of its global stre


Ecommerce
In 2019, Flipkart, Ola, e-grocers will all have to do biz differently

Companies News: The big consumer internet players have refueled with funds raised in 2018 and are expected to outspend each other in increasing marketshare by targeti.


Ecommerce
Changes to FDI policy unclear, dont help the cause of startups: Peyush Bansal, founder, Lenskart

Bansal said his company is not impacted by the December policy as his company is a manufacturer and Lenskart produces its own eyewear brands.


2 More Ecommerce Stories

Instagrams e-commerce bet to take on Amazon, Flipkart, Google might be a long shot

With its 'Shopping on Instagram' feature, the company will help customers buy products online. Apart from India, the company is expanding the feature to 26 countries from existing 46 countries.



Digital
Content creators rake in the OTT jackpot

While much has been said about the potential for expansion and earnings for OTT players, the more immediate beneficiaries are content creators.


Digital
Opinion | How to realize value from digital markets in 2019

A balanced vision for digital markets must reflect the centrality of incentivizing innovation


Digital
5 trends that drove India's P2P lending market in 2018

After being regulated by the RBI and receiving the NBFC status, the sector has witnessed a high paced growth trajectory in the area of alternate financing in 2018.


8 More Digital Stories

Here are the best tech podcasts of India

Podcasts are steadily gaining momentum and are the next big thing in the media industry. Because of the penetration of mobiles and tighter schedules, podcasts have gained popularity amongst a large chunk of smartphone owners. People wanting to multitask, find it easier to listen to podcasts while commuting, running or ...







Franchise
The Body Shop to open 20 new stores in 2019

The concept of beauty has evolved dramatically over the last few years. The desire to look attractive and feel good is at an all time high among consumers from all walks of life. Consumers are continuously looking out for products that make them look good. Innovation, ingredients and integrity are the new buzzwords in beauty. …


Franchise
Existing investors plan $100-m pep pill for Pepperfry

Likely fund infusion from Goldman, Norwest & Bertelsmann to help co step up offline play.


Franchise
Why Chandigarh is an Ideal Breeding Ground for Start-ups

Looking for an opportunity to socialize with industry experts, join us at Franchise India's Startup Expo 2019 - India's premier and most trusted business & tradeshow


1 More Franchise Stories

Karnataka's own franchise-based football league soon

Football News: The good times for football fans in the Garden City is set to continue beyond the Indian Super League days with the Karnataka State Football Associati



HR
There's surge of people analytics in HR: Vivek Misra, director, Mynd Solutions

Misra shares why outsourcing certain HR functions can lead to companies driving better efficiencies.


HR
How to enhance engagement in a diverse workforce

Valuing diversity is an important component of engaging any workforce it is essential to recognize and appreciate differences between people and value them for who they are


HR
Elixir Consulting appoints new Executive Director

The new Executive Director is responsible for leading the Elixir business vertical of the Gi Group


4 More HR Stories

This CEO Upholds the Changing Face of the Indian Financial Market

Diverse Spectrum of the Indian Market: Nilesh Shah Reveals





Logistics
Zero tolerance on air safety violations: Union Minister for Civil Aviation Suresh Prabhu

New Delhi: In context to the recent safety-related issues faced by P&W engine-powered Airbus A320 Neo aircrafts, Union Minister for Civil Aviation


Logistics
Foreign pilots increase despite govt efforts to reduce dependency

In May last year, the Directorate General of Civil Aviation issued amendments to rules for licensing of foreign pilots by domestic airlines, and as per the norms, the regulator asks the air operators to state the number of expatriate pilots phased out by them.


Logistics
Flights reaching early slow down your takeoff

India Business News: A study by air traffic control (ATC) covering 46,378 flights found 2,569 flights or 5.5% left before their scheduled departure time. As many as 11,249


8 More Logistics Stories

Bullet train work to start in Maharashtra only after monsoon

The National High Speed Rail Corporation (NHSRC), which is implementing the high-speed train corridor project, has been finding land acquisition in Maharashtra to be an uphill task despite loosening its purse strings.



Construction
NCLT admits insolvency plea against Parsvnath Landmark Developers, appoints resolution professional

The tribunal direction came over a petition filed by Alka Agarwal and two others, who had booked flat at La Tropicana project of Parsvnath Landmark Developers at Khyber Pass in Delhi for a consideration of Rs 10.93 crore.


Construction
Budget Hotels Give Supply Shock to the Hotel Industry

The industry needs promise getting delivered, which will help to earn the customers' loyalty and stabilize the market


Construction
Essel in talks to sell part of its roads portfolio

Essel Infraprojects is in talks with Cube Highways and Infrastructure, Adani Enterprises and three Canadian pension funds to sell its roads portfolio


4 More Construction Stories

This start up develops technology to modify any kind of AC units in air purifiers

Air quality indoors often becomes five times worse than outdoors and we spend more than 90% of our time indoors.




Marketing
With celebrities under microscope, do mascots offer a safer bet for brands?

As Gillette cuts ties with Hardik Pandya after his comments on a show, experts advise caution to endorsers.


Marketing
Maruti December sales all time high as discounts fly high to reduce inventory

Showroom sales of Maruti Suzuki in December stood at around 220,000 units, which is 18.18% higher than in year-ago period


Marketing
Apple iPhone losing brand pull in India; 2018 worst in four years: Analysts

The Indian smartphone market has gone from around 80 million in 2014 when Apple shipped 1.5 million to now 2018 when the market is nearly 150 million ..


792 More Marketing Stories

Toyota plans to launch its version of Baleno in India next fiscal

Subsequently, in November 2017 the companies announced an MoU to consider a cooperative structure for introducing battery electric vehicles in India around 2020. 



Politics
PM Seeks Feedback On His NaMo App, 'Mahagathbandhan' Features In Survey

Prime Minister Narendra Modi has appealed for "direct feedback" from citizens through a survey launched on his "Narendra Modi or NaMo" app. The detailed survey, spread across nine tabs, asks people to rate the government, local BJP leaders and even whether they think the "mahagatbandhan" in their area will work.


Politics
China's Trade Surplus With US Grew In 2018 Even Amid Tariff Issue

China's trade surplus with the United States widened last year, data showed on Monday, while the country's imports and exports fell in December last year as the long-running trade war begins to bite in the world's number two economy.


Politics
Travelers Fume In Long Lines At US Airport Amid Government Shutdown

Miami International Airport's departing passengers meet unusual long waits at security checkpoints on Sunday which was an indirect consequence of the partial US federal government shutdown.


27 More Politics Stories

Bulandshahr Violence Main Accused Sends "Wishes" In Bajrang Dal Posters

Yogesh Raj, the main accused in the December mob violence in Uttar Pradesh's Bulandshahr in which a police officer was killed, has top billing in posters of the Bajrang Dal, a Hindu right-wing group greeting people on Makar Sankranti festival and Republic Day.




Sports
Robertson defends Salah amid diving accusations

Liverpool full-back Andy Robertson defended Mohamed Salah, saying any accusations of diving aimed at the forward were "desperation".


Sports
Blue Saints Bishop Njenga crowned Chapa Dimba winners in Western region

Blue Saints & Bishop Njenga crowned Chapa Dimba winners in Western region


Sports


14 More Sports Stories

Serena Williams ready to claim first Grand Slam as a mum, says coach

Seeded 16th in Melbourne, Serena Williams warmed up for the year's first Grand Slam by winning all three of her singles matches at the Hopman Cup in Perth.



Entertainment
It's a wrap for Suriya starrer NGK

Suriya starrer NGK marks Selvaraghavan's comeback after Irandaam Ulagam (2013). The film also stars Sai Pallavi and Rakul Preet along with Jagapathi Babu, Bala Singh and Sarathkumar in pivotal roles.


Entertainment
Viswasam box office collection Day 4: Ajith starrer strikes right chord with Chennai audience

Viswasam box office collection Day 4: Ajith Kumar starrer gives tough competition to Petta starring Superstar Rajinikanth. Directed by Siva, the film is faring well at the Indian as well as international box office. It was released on January 10.


Entertainment
Maroon 5, Travis Scott, Big Boi to perform at Super Bowl 2019

To be aired on February 3, 2019, the Super Bowl found itself in the middle of a storm, with pop icon Rihanna, who has performed before, rejecting the offer this year in support of former National Football League quarterback Colin Kaepernick, who took a knee during the national anthem in protest against racial injustice.


28 More Entertainment Stories

HBO's Game of Thrones Season 8 to premiere on April 14

Game of Thrones Season 8 teaser: HBO series Game of Thrones is finally making a return to the small screen this April. According to the new teaser released by the makers, the show will premiere on April 14.




Work
The race to be India's second most-valued unicorn is now a game of musical chairs

Ola has reclaimed the position from OYO after three months.


Work
India will add a record level of solar power capacity in 2019

New solar installations will be nearly 14 GW this year.


Work
Can Elon Musk Actually Make A Flying Tesla Car?

Elon Musk turned a few heads on Twitter yesterday, January 9 when he claimed that an upcoming Tesla car might have the ability to fly. But is such an idea actually possible?


11 More Work Stories

How dynamite became a million dollar idea

The BBC's Aaron Heslehurst explains how dynamite became a million dollar idea.



Life
The Indian bowler who took American cricket by storm in the 1900s

In 1907, Maneckji Jamshedji Bhumgara, a Parsi from Surat, became a bowling sensation for his Los Angeles league team.


Life
Watch SpaceX finish a $3 billion tech upgrade

The final launch completes a $3 billion tech upgrade


Life
China's spacecraft just took a panoramic shot of the Moon's far side

A Chinese spacecraft sent back the first photos of the far side of the Moon last week.


9 More Life Stories


Retail
Amazon has 1,300 vacancies in India, highest in Asia-Pacific

India Business News: Amazon continues to expand India operations. At the end of 2018, it directly employed over 60,000 people in India. That's about 10% of its global stre


Retail
Organic Footwear: Is the Indian consumer ready?

Footwear brand Neeman's has partnered with The Woolmark Company – the global authority on wool – to launch a range of shoes made from 100 percent Merino


Retail
In 2019, Flipkart, Ola, e-grocers will all have to do biz differently

Companies News: The big consumer internet players have refueled with funds raised in 2018 and are expected to outspend each other in increasing marketshare by targeti.


16 More Retail Stories

Here's what government's note on FDI in ecommerce means

Government issues note to provide clarity on FDI policy for sector, protects interests of brick-and-mortar sellers by cracking down on discounts



Telecom
Samsung readies for next round of battle with Xiaomi with online exclusive affordable phones

Samsung's new M-series of smartphones will be targeted at 'millennials' that are flocking to ecommerce platforms to buy smartphones, a customer ..


Telecom
Backhaul spectrum: DoT allotted access to Reliance Jio, Sistema in 2015

The clarification from DoT came to light in the findings of a comptroller and auditor general (CAG) report which said there was inequitable allotment of MWA spectrum to operators.


Telecom
All you need to know about Reliance Jio Tower Scam

A major fraud, in the name of Reliance Jio Infocomm, is cheating people of millions of rupees in India. These fraudsters reportedly coax victims to lease out their lands for setting up mobile towers in return for high rent and hefty advance payment. And all this, for just a small processing fee.


11 More Telecom Stories

Apple iPhone losing brand pull in India; 2018 worst in four years: Analysts

The Indian smartphone market has gone from around 80 million in 2014 when Apple shipped 1.5 million to now 2018 when the market is nearly 150 million ..




Finance
Many niche PE funds will emerge in next few years in India: Amit Mehta, IIFL Asset Management

IIFL Asset Management Ltd is placing its bets on growth stage firms as it reached the final leg of fund raising for its IIFL India PE Fund.


Finance
Samunnati in talks with PE firms to raise up to $70 million

Mint reported on 13 December that Samunnati had started talks with PE firms for a new round of capital infusion


Finance
Valuation concerns dampen activity in seed stage VC deals

Seed-stage deals may be turning a corner. Investors expect that 2019 could reverse the four-year downward trend


18 More Finance Stories

How content streaming platforms like Netflix have created an economy around subtitles in India

Business is truly booming as subtitlers translate a deluge of content from streaming platforms.



Food/FMCG
Liril and Lalitaji: A tale of two ads and how they captured India's attention

The two ads created by Alyque Padamsee showed India at the cusp of change.


Food/FMCG
Drivers of FMCG sales

Rising rural demand, increasing preference for premium and natural products are driving FMCG sales


Food/FMCG
Finance Ministry To Implement New Consumer-Friendly Measures

The Revenue Department is planning to make it mandatory for composition dealers and service providers to declare their GST registration status in invoices to ensure that they do not charge any tax from buyers.




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