Friday, February 19, 2016

February 19, 2016 - PwC's Shinjini Kumar to head Paytm's payments bank

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Blog
Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Among the innovations highlighted at the Make in India week is an interesting little robot from the Tata stable, for SME automation. Named Tata Brabo, it includes a couple of variations, including one that can pick and sort based on the colour of the object. I can imagine applications in all sorts of SME manufacturing, warehouses, retail, etc. Even more interesting is the price point, just Rs 3 lakhs. Some might even decide to buy it as a hobby robot. Now, if only I can train it to bring me my beer from the refrigerator! - Comment


Digital
PwC's Shinjini Kumar to head Paytm's payments bank
PwC's Shinjini Kumar to head  Paytm's payments bank - News
Kumar, a partner and leader of the banking and capital markets practice at PwC, will take charge next month and build a 2,500-strong team.


Advt:The Rise of Multi-Talented Freelancers
Payoneer
A freelancer in 2016 must wear many hats. A freelance marketer for example, should have impeccable writing, PR experience, social media proficiency, and preferably some SEO skills

Digital
Budget 2016: Time to make Digital Cash play game changer for Digital India
Budget 2016:  Time to make Digital Cash play game changer for Digital India - Moneycontrol.com
The government has undertaken multiple initiatives to drive digital cash usage within the economy. Upcoming Union Budget 2016 should spell out some incentives for digital cash...


Digital
E-grocer Satvacart.com achieves unit level break-even within 12 months of its launch
e-Grocery retailer Satvacart.com today announced that it has achieved a unit level bre


Complimentary Report : IBM Digital Experience - Exceptional digital experiences are redefining the ways we live and work
ibm
Users - both individual consumers and business users--simply assume that their online experiences will be rich, engaging, personal and available from wherever they choose.

Digital
Qualcomm Ventures to invest $350K in warehousing automation startup Ark Robot
Cardiac Design Labs, NexGear, TeraFlight and Threye Interactive were other finalists.


Digital
Jabong hires ex-Bharti Airtel exec Deepa Chaddha as HR chief
Jabong has appointed Deepa Chaddha as its chief human resource officer, the fashion e-tailer said in a press statement.


Digital
Pharmacy aggregator CareOnGo raises Rs 2 crore in angel round from consortium of investors
Pharmacy aggregator CareOnGo  raises Rs 2 crore in angel round from consortium of investors
The company which co-brands with standalone pharmacies for hyperlocal delivery of drugs and helps the pharmacies improve their supply chain.


Retail
Coca-Cola India to make 'Maaza' $1 bn brand by 2023
Coca-Cola India to make 'Maaza'  $1 bn brand by 2023 - The Hindu
In a bid to increase the market share of its non-carbonated drinks, beverage major Coca-Cola India today said it plans to make its mango fruit juice product ’Maaza’ a USD 1 billion brand (in retail sa

Retail
Ikea to make india global sourcing hub for bamboo products
A display at the Make in India Week shows what’s on offer from the world’s largest furniture retailer

Retail
E-commerce boom in India attracting artisans, entrepreneurs from slums across the country
E-commerce boom in India  attracting artisans, entrepreneurs from slums across the country - Economic Times
“Earlier I used to work for Rs 15K/mth as craftsman of leather jackets. Now I earn Rs 15L/mth by selling jackets to mkts like US, UK, Canada,” said one such artisan.

Retail
Lenskart plans to expand operations through franchise model
Lenskart plans to expand  operations through franchise model - Economic Times
Reliance Retail operates Indias largest chain, with more than 3,000 stores in 371 cities. Lenskart, based in Faridabad, already operates 150 stores.


Telecom
Is India's Freedom 251, a $4 Smartphone, Too Good to Be True?
Is India's  Freedom 251, a $4 Smartphone, Too Good to Be True? - Wall Street Journal (blog)
A little-known Indian company has announced grand plans to sell millions of made-in-India smartphones for less than $4 a piece, despite the fact that it has only been in the smartphone business for five months and has yet to build a factory.


Telecom
Union Budget 2016: Telecom Sector's Expectations
Union Budget 2016: Telecom  Sector's Expectations - CXOToday.com
Budget 2016: It is imperative that the Government comes out with a clarification, as levy of VAT would add significant cost to an already tax laden telecoms sector.


Telecom
India telecoms gross revenue up 4 per cent to Rs 64996 crore in Q3: TRAI
India telecoms  gross revenue up 4 per cent to Rs 64996 crore in Q3: TRAI - Voice Data Online
NEW DELHI: Telecom watchdog Telecom Regulatory Authority of India (TRAI) said that Indian telecom operators’ gross revenue rose 4.08 per cent year on ...


Telecom
India Ratings revises outlook on telecommunications services sector for FY17 to stable-to-negative
India Ratings revises outlook  on telecommunications services sector for FY17 to stable-to-negative - Indiainfoline
The agency expects the launch of Reliance Jio Infocomm Limited (RJio) to intensify competition which will squeeze the market share, EBITDA margins and credit metrics of incumbents. Ind-Ra expects voice revenue to moderate in FY17 on stagnant minutes of usage (MoU) and further competition in call realisations.



Finance
How Printo’s Manish Sharma lost his start-up and got it back
How Printo’s Manish  Sharma lost his start-up and got it back - Livemint
In Printo founder Manish Sharma’s version, he is the good guy. His former funder, VC firm Sequoia, the bad guy. But that’s only one version


Finance
Will changing nature of jobs worsen gender gap?
Will changing nature of jobs  worsen gender gap? - Livemint
India has one of the worst gender gaps in the world when it comes to labour force participation


Finance
Daimler India signs MoU with Tamilnad Mercantile Bank
Daimler India signs MoU with  Tamilnad Mercantile Bank - Times of India
Daimler India Commercial Vehicles (DICV), a wholly-owned subsidiary of Daimler AG, signed a Memorandum of Understanding with Tamilnad Mercantile Bank (TMB) to provide tailor-made financing packages to customers across the country for modern BharatBenz trucks and buses.


Finance
PwC's Shinjini Kumar to head Paytm's payments bank
PwC's Shinjini Kumar to head  Paytm's payments bank - Times of India
Shinjini Kumar, who is currently a director at research and consultancy firm PricewaterhouseCoopers (PwC), will join Paytm’s payments bank as CEO




Software
Are our rules catching up with technology to protect privacy?
Are our rules catching up with  technology to protect privacy? - News
Expressing concern over governments demanding access consumer data, software giant Microsoft said regulations have to keep pace with technology.


Software
Why start-up employees are likely to get more appraisals than rest of India Inc?
Why start-up  employees are likely to get more appraisals than rest of India Inc? - Businessinsider India
Survey reveals that start-up employees will get more appraisals


Software
How is Indian smartphone player offering Freedom 251 mobiles at such a low price point?
How is Indian smartphone player  offering Freedom 251 mobiles at such a low price point? - Firstpost
A little-known Indian company called Ringing Bells is about to release a smartphone called Freedom 251, and priced it at a ridiculously impressive Rs 251. Double page spreads in all major newspapers announced the launch of the phone.


Software
Bain Capital, GIC, Advent pump in $350 million for minority stake in QuEST
Bain Capital,  GIC, Advent pump in $350 million for minority stake in QuEST
These firms have completed the purchase of the stake held by an affiliate of global private equity firm Warburg Pincus & certain other shareholders.



Ecommerce
Warehouse automation startup ArkRobot wins $350K (INR 2 Cr) in equity funding, as the winner of Qualcomms, QPrize Make in India contest
Department of Industrial Policy and Promotion (DIPP) and Qualcomm Inc. announced the winner at the ongoing Make in India week. The prize was given by Qualcomm Venture, an arm of Qualcomm Inc.

Ecommerce
How this e-commerce startup positioned itself against Amazon, Flipkart and others
How this  e-commerce startup positioned itself against Amazon, Flipkart and others - YourStory.com
Shopeyard reaches out to students and job seekers as an integrated portal for study material needs of students and job seekers

Ecommerce
Vadodara-based Kreate Konnect wants to make e-commerce selling easy for sellers worldwide
Vadodara-based Kreate Konnect  wants to make e-commerce selling easy for sellers worldwide - YourStory.com
Kreate Konnect syncs, directs, manages, and automates all the processes of an e-commerce establishment.

Ecommerce


Franchise
Franchisee Journey: From realtor to Vitality Bowls franchisee
Franchisee Journey: From  realtor to Vitality Bowls franchisee - Entrepreneur
Vitality Bowls franchisees David and Irene Tang brought to Indianapolis the açaí bowls they first fell in love with, in Maui.


Franchise
All about franchising: Learn the facts before investing in a franchise
Summarised information about franchising, including franchise survey results, franchise statistics and franchise FAQ



HR
Phase II to generate 50000 IT jobs
In the second phase, around 47 lakh sq ft would be offered for IT use (besides other social infrastructure).


HR
NetApp revenue misses estimates; to cut jobs
NetApp revenue misses  estimates; to cut jobs - Times of India
NetApp Inc, a data storage equipment maker, reported lower-than-expected quarterly revenue, hurt by weak demand for its storage products, and said it would cut about 12% of its workforce.


HR
British Gas-owner Centrica is cutting another 3000 jobs
British Gas-owner Centrica is  cutting another 3000 jobs - Businessinsider India
Flickr/Dennis van ZuijlekomCuts are coming.Another day, another sweeping round of job cuts in the commodities sector - this time from British Gas' parent company


HR
Will Yahoo's Recent Layoffs Mean Long Commutes For Remaining Workers?
Will Yahoo's  Recent Layoffs Mean Long Commutes For Remaining Workers? - Fast Company
Yahoo announced another round of layoffs yesterday; here's what may be in store for those that remain on staff.



Logistics
Budget 2016: With an eye on GST, here are 5 things govt should consider
Budget 2016:  With an eye on GST, here are 5 things govt should consider - Daily News Analysis
Budget 2016: With an eye on GST, here are 5 things govt should consider - Finance Minister Arun Jaitley may have made GST roll-out a priority but the writing on the wall is that it is unlikely to be implemented before April 1, 2017.


Logistics

Logistics
Airlines flew 7.7 million passengers in India during January, up 22.58% from a year ago
Airlines flew 7.7 million  passengers in India during January, up 22.58% from a year ago - Economic Times
GoAir came second by flying 84.9% of its seats full, followed closely by IndiGo, which flew its planes with 84.7% seats full.


Logistics
Air Travel Booms In India, Strains Creaky Infrastructure, major airports getting overstrained
Air Travel Booms In India,  Strains Creaky Infrastructure, major airports getting overstrained - NDTV
The delegation members included IndiGo promoter Rahul Bhatia and President Aditya Ghosh, SpiceJet CMD Ajay Singh and GoAir MD Jeh Wadia.



Construction
Jaypee deal with UltraTech to divest cement capacity hits hurdle
Jaypee deal with UltraTech to  divest cement capacity hits hurdle - Livemint
Jaypee’s two cement assets will be folded into a larger deal under which it seeks to divest entire cement capacity


Construction
How Godrej Properties bucked the real estate slowdown
How Godrej Properties bucked  the real estate slowdown - Livemint
The firm has sold office space in BKC, 348 units in ‘The Trees’ project in Mumbai and entered Noida in January


Construction
Greater Hyderabad Municipal Corporation on property tax collection overdrive
Greater  Hyderabad Municipal Corporation on property tax collection overdrive - ET Realty
While the officials have only managed to net Rs 545 crore, the tax collectors of every circle are now expected to collect Rs 10 crore per day to make ..


Construction
Haphazard growth seen in Hyderabad's Banjara, Jubilee Hills with shrinking spaces
Haphazard  growth seen in Hyderabad's Banjara,  Jubilee Hills with shrinking spaces - ET Realty
Urban planners put the blame of this unfortunate transformation squarely on previous government diktats that allowed developers to change the land use..



Marketing
Is Freedom 251, the Rs 251 smartphone, a marketing gimmick or a real deal? : Report
Is Freedom 251,  the Rs 251 smartphone, a marketing gimmick or a real deal? : Report - IBNLive
Noida-based Ringing Bells is launching the cheapest smartphone, priced at Rs 251, a move that is set to disrupt the booming Indian mobile handset market.


Marketing
Google’s New ‘Real-Time Ad’ : Report – The Next Big Thing In Digital Marketing
Google’s New  ‘Real-Time Ad’ : Report – The Next Big Thing In Digital Marketing
Editor’s Note: This is an exclusive guest post from Chaaya Baradhwaaj, Founder-MD, BC Web Wise. Views expressed in the post are her personal views. You can follow Chaaya on Twitter – @b…


Marketing
Swiss watch brands struggle to crack Indian market : Report
Swiss watch brands struggle to  crack Indian market : Report - swissinfo.ch
Despite the impressive size and growth of the Indian economy, Swiss watch exports to the subcontinent are underwhelming. Is an ...


Marketing
India's Internet Domain market only has 4mn domain names to boast of: GoDaddy
In an interaction with Dataquest, Rajiv Sodhi, Vice President and Managing Director at GoDaddy India and Australia shared his views on the latest Internet trends that are shaping the domain industry today and why there is a need for every trader to own a domain name.

 



Politics
The Alt-Politics series: A year on, AAP has tainted the idea of a new form of governance, writes Yogendra Yadav
The Alt-Politics series: A year on, AAP has tainted  the idea of a new form of governance, writes Yogendra Yadav
For me AAP government in Delhi was not just one more government, it was to be a new model of governance.


Politics
Resignation of ABVP office-bearers: Face saving exercise, pressure from faculty or genuine change of heart?
Resignation of ABVP  office-bearers: Face saving exercise, pressure from faculty or genuine change of heart?
As news started coming in that Delhi police has said that they would not contest the bail plea of JNUSU student president Kanhaiya Kumar, self-doubt was clear on the face of many ABVP activists.


Politics
Jat Protest For Reservation Under OBC Category Spreads Across Haryana
Jat Protest For Reservation Under OBC Category Spreads Across  Haryana
CHANDIGARH -- Jat protesters today rejected Haryana Chief Minister Manohar Lal Khattar's offer to enhance quota for economically backward classes with the agitation spreading to Faridabad, Kaithal and


Politics
How Omar Abdullah Blew The Cover Of A Top Secret BJP-PDP Meeting In Srinagar
How Omar Abdullah Blew The Cover Of A Top Secret BJP-PDP  Meeting In Srinagar
Former Chief Minister of Jammu and Kashmir, Omar Abdullah, could easily write a best-selling spy thriller. It was, after all, his little investigative work that alerted the media to a top secret m



Sports
Talking sport: It’s as a bowler that Yuvraj Singh lends greater balance to the team
Talking sport: It’s as a bowler that Yuvraj Singh lends  greater balance to the team
Yuvraj Singh made a come back in Indian team in the three-match T20I series against Australia earlier this year.


Sports
Asia Cup 2016: Top performances in the past
Asia Cup 2016: Top performances in the past
In previous editions of Asia Cup, the tournament has produced new stars. Here are some of the memorable performances.


Sports
'This Man Utd team is an absolute shambles'
'This Man Utd team is an absolute shambles'
Manchester United's miserable season took another turn for the worse on Thursday when Louis van Gaal's side lost 2-1 to Danish minnows FC Midtjylland in the first leg of their Europa League last-32 tie


Sports
Sachin Tendulkar’s autobiography smashes sales records, logs Rs 13.51 crore
Sachin Tendulkar’s autobiography smashes sales  records, logs Rs 13.51 crore
Sachin Tendulkar's autobiography, co-authored by Boria Majumdar, hit the stands in November, 2014.



Entertainment
Rhys Sebastian, one of India’s leading saxophonists, on his upcoming album and why jazz really moves him
Rhys Sebastian, one of India’s leading  saxophonists, on his upcoming album and why jazz really moves him
Sebastian has experimented with a variety of genres on his first album, Rhywind, which is to be released in April this year.


Entertainment
I got valuable Batman advice from George Clooney and Christian Bale: Ben Affleck
I got valuable Batman advice from George Clooney and  Christian Bale: Ben Affleck
Ben Affleck said two legendary "Batmen" – George Clooney and Christian Bale – had offered their guidance.


Entertainment
Lata Mangeshkar wishes Khayyam on birthday
Lata Mangeshkar wishes Khayyam on birthday
Lata Mangeshkar extended best wishes to legendary music composer Khayyam, who turns 89 today.


Entertainment
‘Tere Bin Laden’ director Abhishek Sharma’s next on freedom of expression
‘Tere Bin Laden’ director Abhishek  Sharma’s next on freedom of expression
Abhishek Sharma said the satire on the correct exercise of freedom of expression is the need of the hour.






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