July 8, 2019 - GCPL Chairman Adi Godrej's FY19 remuneration 114-times higher than firm's median pay

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Invite Friends   From the Editor's Desk Lies We Tell Kids Adults lie constantly to kids. I'm not saying we should stop, but I think we should at least examine which lies we tell and why. There may also be a benefit to us. We were all lied to as kids, and some of the lies we were told still affect us. So by studying the ways adults lie to kids, we may be able to clear our heads of lies we were told. I'm using the word "lie" in a very general sense: not just overt falsehoods, but also all the more subtle ways we mislead kids. Though "lie" has negative connotations, I don't mean to suggest we should never do this - just that we should pay attention when we do. One of the most remarkable things about the way we lie to kids is how broad the conspiracy is. Continued here Read TradeBriefs every day, for the top insight! Advertisers of the day INSEAD: The INSEAD Leadership Programme for Senior Executives - India Wharton Business Analytics Team: Wharton's Business Analytics Program (Online) Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails.     Food/FMCG GCPL Chairman Adi Godrej's FY19 remuneration 114-times higher than firm's median pay The median remuneration of all its employees for the fiscal year 2018-19 was Rs 4.21 lakh. Food/FMCG Budget 2019: Progressive nudge for consumer business Largely, the steps proposed by the present government can be seen as focusing on the consumer sector and it is a matter of time before the implementation and outcome of these proposals kick in 6 More Food/FMCG Stories Software Budget impact: Infosys, 8 others face 20% tax burden on shares buybacks These companies, which are buying back shares, will see costs rising Software India will soon have tracking system for lost or stolen mobile phones even when the IEMI number is tampered with The new tracking system would make the detection of stolen mobile phones possible even if the SIM card is removed or unique code IMEI number is changed, the official revealed. The Centre for Development of Telematics (C-DoT) is ready with the technology and the service is expected to be launched in August.  6 More Software Stories Ecommerce Luxury E-tailing Market by Major Players, Volume, Demand, Market Dynamic Forces & Forecast 2024 Ecommerce Zomato, eatery fined Rs 55000 for serving chicken instead of paneer Shanmukh Deshmukh had ordered paneer butter masala but was delivered butter chicken instead. 175 More Ecommerce Stories Digital How MobiKwik aims to break even at Rs 480 cr with Rs 20-insurance policies MobiKwik plans to raise $50 million from an investor before its IPO.The company expects revenue to reach Rs 480 crore in the 12 months ending next March Digital While Paytm's reach stagnates, Walmart's PhonePe is fast catching up Four in 10 Indian smartphone owners use PhonePe. 7 More Digital Stories Franchise European brand VOI Jeans targeting Tier II cities for expansion in India The strategy of VOI Jeans is to offer high fashion products at affordable prices in India. Franchise No misgivings for startups now, legacy issues to be resolved amicably: CBDT Chairman In her maiden Budget speech on Friday, Union Finance Minister Nirmala Sitharaman proposed a number of measures to resolve the problems being faced by startups with regard to funding, called angel tax, and their certification. 6 More Franchise Stories HR Budget 2019: Media heads welcome moves to ease FDI boost start-ups Industry heads say the Budget proposals to ease FDI norms and help start-ups have come at the right moment, will bring a positive change and build talent HR Your primer for Union Budget 2019: What to expect vs what India needs Nirmala Sitharaman's maiden Union Budget will presumably boost spending on big infrastructure (roads and railways) and agriculture and healthcare reforms 3 More HR Stories Logistics Union Budget 2019-20: Call for port-led development Union Finance Minister Nirmala Sitharaman on Friday stressed the need to enhance port-led development through the Sagarmala scheme and develop inland waterways Logistics Modi govt looks to sell 100% Air India shares in new sell-off process Niti Aayog had suggested the option during the first sell-off process but the government had put 75 per cent of the stake on sale. 16 More Logistics Stories Construction Indian realty market passing through major consolidation: PropEquity There has been a massive consolidation with over 50 per cent of the total developers that existed in 2011-12 leaving the market by 2017-18, PropEquity said. Construction There could have been better stimuli for growth: Adi Godrej, Chairman, Godrej Group "If some of the announcements are properly implemented, it will have a very strong impact on long-term growth." 10 More Construction Stories Marketing Deer Brand Orid Rounds completes 30 years Marketing Brand spots with a generous dollop of cricket mania As Coke advertises for its premium bottled water 'smartwater', we take a look at the category and its target group. 8 More Marketing Stories Politics Chandrababu Naidu Must Vacate Residence: Jagan Mohan Reddy's Party Leader Andhra Pradesh's ruling YSR Congress Party (YSRCP) on Sunday demanded that former Chief Minister N Chandrababu Naidu should vacate the house in which he is staying. Politics Manmohan Singh Asks Lawmakers To Instill Confidence In People Former Prime Minister Manmohan Singh Sunday exhorted Rajasthan legislators to instill confidence among people with their leadership and said they count on their leaders to ensure that the politics of fear does not prevail over the politics of hope. 13 More Politics Stories Sports Constantly yapping in anyone's ear is not right: Rohit Sharma on Ravidra Jadeja, Sanjay Manjrekar controversy In the post-match press conference, Indian opener Rohit Sharma described the episodes like Jadeja-Manjrekar episode as a challenge for the sportsmen   Sports Australia call up Matthew Wade, Mitchell Marsh as injury cover for World Cup 2019 semis Usman Khawaja is expected to miss the semifinal match against England at Edgbaston on Thursday after injuring his left hamstring in the group-stage loss to South Africa on Saturday. 16 More Sports Stories Entertainment Alia Bhatt to join the shoot of RRR in Pune and Ahmedabad RRR is a fictional story based on the struggles of Telugu tribal leaders Alluri Sitarama Raju (Ram Charan) and Komaram Bheem (Jr NTR). SS Rajamouli's film is being made at an estimated budget of more than Rs 300 crore. Entertainment Super 30 actor Mrunal Thakur: Can't woo audience with glamour Mrunal Thakur made her film debut with 2018 release Love Sonia. The actor credits her debut film for getting opportunities in films such as Super 30 and Batla House. 16 More Entertainment Stories Work The Best GPS Watches for Runners The best GPS watches for runners, triathletes and anyone who wants to go the distance. Work Your Best BBQ Ever: The Simple Secret Is Better Meat It you want a better cookout, start with better meat. From basic burgers and hot dogs to ribs, luxury steaks and wild game, these will elevate your backyard cooking. 9 More Work Stories Life Stereotypes give the brain a break, but they're terrible for creativity "It's about considering possibilities that aren't apparent." Life Ten days of utter silence pulled me back from the brink of a mental breakdown In Vipassana, you can't even make eye contact with anyone. 7 More Life Stories Retail Apple is one step closer to setting up its retail stores in India The Indian government relaxes local sourcing norms, finally paving the way for Apple to set up its stores in the country. Retail iPhone sales continue to fall in India, but Apple could benefit from upcoming regulatory change A pair of reports this week detail Apple's ongoing struggles in India, but also note a point of hope for the company. The Economic Times reports that iPhone sales continue to fall in India, but that India regulators are looking to ease local sourcing rules – which could help Apple's efforts to open retail stores … 8 More Retail Stories Telecom Spectrum auctions: Govt not very optimisitc, hopes to garner a modest Rs 30,000 crore The government has also asked Trai to review the spectrum reserve price because it is seen on the higher side. Trai is yet to respond to the government's request. Telecom Sony is reportedly working on a phone with retractable rolling display If there are no setbacks in the production, we might see Sony's futuristic foldable device in the market by December 2019 or early next year. 6 More Telecom Stories Finance Deutsche Bank, a pillar of European finance, unveils radical restructuring. It will cut 18,000 jobs Deutsche Bank will cut 18,000 jobs and dramatically shrink its investment bank as part of a costly overhaul that marks a retreat from Wall Street after two decades of intense competition with American rivals. Finance Budget 2019: NHAI fundraising plan raised by 21% to Rs 75,000 crore This financial year, allocation has been made to the NHAI for major works under the Bharatmala Pariyojana, entrusted to the organisation for execution 13 More Finance Stories 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. 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