Monday, February 22, 2016

February 22, 2016 - ShopClues eyes acquisitions in ad-tech, payments and analytics space

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
As founder of TradeBriefs, one of the themes I am passionate about is how the Future of News will play out. In this video, tech columnist Rich Jaroslovsky talks about how discovery is as important, if not more important than personalization. Personalization has the tendency to push you into a rabbit hole where things become less interesting, because your world view is restricted to what algorithms think you will be interested in. Discovery implies stumbling across content that I did not know I would be interested in. For media companies, achieving the right balance between personalization and discovery is key. Also, excessive personalization on social networks has created echo chambers where people are only exposed to opinions they already agree with. This could be dangerous in the long run. Is it possible that we are more polarized today, politically, racially, along religious lines, etc, because the internet and social media keep reinforcing our most ill-informed opinions? - Comment


Digital
ShopClues eyes acquisitions in ad-tech, payments and analytics space
ShopClues eyes  acquisitions in ad-tech, payments and analytics space - ET
“The acquisitions will be in the category of payments or analytics... ad-tech, expanding seller base… basically technology acquisitions or acqui-hires.”


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
Crossroads acquires MeriCAR.com to scale up garage network
Crossroads acquires MeriCAR.com  to scale up garage network
Post acquisition, Crossroads will surpass 1,000 branded garages across the country. It aims to grow this number to over 5,000 in the next two years.


Digital
Startup Fund: SIDBI clears Rs 600 crore under India Aspiration Fund
Startup Fund:  SIDBI clears Rs 600 crore under India Aspiration Fund - Times of India
The Small Industries Development Bank of India (SIDBI) has approved Rs 600 crore under the India Aspiration Fund so far, said the joint secretary and chief vigilance officer, department of industrial policy and promotion, ministry of commerce and industry, Shailendra Singh on Sunday.


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
Medical tech startup SigTuple raises seed fund from Flipkart founders, Accel Partners, others
Medical tech startup SigTuple  raises seed fund from Flipkart founders, Accel Partners, others
SigTuple declined to share the exact amount of investment it has received so far. Seed investments are typically in the range of $500,000-$1million.


Digital
Apps shouldn't be allowed on closed networks: Paytm's Vijay Shekhar Sharma
Apps  shouldn't be allowed on closed networks: Paytm's Vijay Shekhar Sharma
“If a kind of content is available on the Internet, it can't be made available to a closed network at a differential price — that's the clarity we want,” Sharma said.


Digital
India Post rides e-commerce wave as villagers buy online
India Post rides e-commerce  wave as villagers buy online - NDTV
Aims to cut ₹5,500 cr deficit, improve profitability of 1.4 lakh rural post offices


Retail
Snapdeal eyes 20 million daily transacting users by 2020
Snapdeal eyes 20 million daily  transacting users by 2020 - Economic Times
He added that investors have liked the strategy and is reflected in the company's valuation that saw a 30 per cent jump in the last round of funding.

Retail
Pepsi banks on power of seven brands
Pepsi banks on power of seven  brands - Business Standard
Growing competition shifts focus to a few key brands that will drive investments

Retail
Nestle's Maggi market share shrinks 35%, ITC's Yippee grabs 33%
Nestle's  Maggi market share shrinks 35%, ITC's Yippee grabs 33% - Economic Times
The row over Maggi noodles, which led to a ban that was overturned, has seen its market share drop by almost half, according to industry insiders.

Retail
Make affordable products: Yoga guru Ramdev to entrepreneurs
Addressing a gathering of over 600 entrepreneurs here, Ramdev said India has a huge potential and they should work to promote Swadeshi products.


Telecom
Airtel rolls out 4G speed of up to 135 mbps
Airtel rolls out 4G speed of up  to 135 mbps - Daily News Analysis
Airtel rolls out 4G speed of up to 135 mbps - Airtel currently has the largest 4G network in the country with LIVE services in over 350 towns.


Telecom
Reliance Jio 4G services launch in second half of 2016: Mukesh Ambani
Reliance Jio 4G  services launch in second half of 2016: Mukesh Ambani - The Indian Express
Reliance Jio will be ready to commercially launch its 4G services in second half of 2016, says Mukesh Ambani, head of Reliance Industries Limited.


Telecom
Xolo Era 4G launched in India on Snapdeal at Rs. 4777
Xolo Era 4G launched in India  on Snapdeal at Rs. 4777 - MakTechBlog (blog)
Xolo has launched a new budget smartphone in India called Xolo Era 4G. The smartphone is launched in India via Snapdeal. It is launched at Rs. 4,777 in India.


Telecom
Pandora's phone
Pandora's phone - The  Indian Express
Republican presidential candidate Donald Trump called on Friday for a boycott of Apple Inc products until the tech company agreed to help the US government unlock the cellphone of one of the killers in last year's San Bernardino, California, shooting.



Finance
Bad loans exceed market value of public sector banks
Bad loans exceed market value  of public sector banks - Livemint
All listed public sector banks have gross non-performing assets in excess of their market capitalization


Finance
PIB clears India Post's Rs 800 crore proposal for payments bank
PIB clears India Post's Rs  800 crore proposal for payments bank - Economic Times
The Reserve Bank has granted payments bank permit to the department, which is already into providing financial services and has 1.55 lakh branches across the country.


Finance
ETMarkets roundtable: Cut govt stake in public sector banks to below 51% to fight NPAs, says Arundhati Bhattacharya
ETMarkets roundtable: Cut govt  stake in public sector banks to below 51% to fight NPAs, says Arundhati Bhattacharya - Economic Times
Fears about the future of state-run banks are overblown and almost every bank would survive since the govt is the owner, the SBI chief said.


Finance
Private equity funds to tighten their purse strings
Private equity funds to tighten  their purse strings - Financial Express
If 2015 was a good year for India’s e-commerce sector with more than a 110 deals and close to $5.7 billion in inflows — up 40% over 2014 — this year could turn out to be somewhat more subdued.




Software
Is it time for a strategy rethink for outsourcing firms?
Is it time for a strategy  rethink for outsourcing firms? - Financial Express
Robots, automation and artificial intelligence have begun to take centre stage in the strategy of most large corporations.


Software
India to reach 500 million Internet users by 2017, says Google
India to reach 500 million  Internet users by 2017, says Google
The number of Internet users in India would reach 500 million by 2017, with as many as 400 million of them getting online through mobile phone, a senior official of search engine giant Google has said.


Software
Has Apple toppled Samsung in India’s market for pricey smartphones?
Has Apple  toppled Samsung in India’s market for pricey smartphones?
Counterpoint Research and CyberMedia Research rank Apple at No. 1 by volume in the Rs 30,000-plus category for the October-December quarter.


Software
DeitY likely to quiz Ringing Bells management over pricing of Freedom 251 mobile
DeitY likely  to quiz Ringing Bells management over pricing of Freedom 251 mobile
The meeting is likely to happen this week, said a senior official at the communications ministry, who is aware of the development.



Ecommerce
How startup founders are finding inspiration, comfort and support in informal networking groups
How startup founders are  finding inspiration, comfort and support in informal networking groups - Economic Times
Being part of a strong network of people who have faced similar challenges is extremely valuable to get help and support as needed, says Siddharth Singh, ISB.

Ecommerce
DLF Brands may soon shut its kidswear and baby products e-commerce business Kidskart.com
DLF Brands may soon shut its  kidswear and baby products e-commerce business Kidskart.com - Economic Times
Timmy Sarna, CEO at DLF Brands, said the company has made Kidskart dormant since it wants to focus on brick and mortar retail which is the key focus area.

Ecommerce
Tracxn launches an Internet platform aimed at helping early investors in mature start-ups sell their shares by connecting them to VC firms and other investors
TracxnSecondary could raise liquidity in start-up space that draws flak for not returning enough cash to investors

Ecommerce
Flipkart becomes the first Indian app to cross the 50 million installs landmark on Google Android Play Store
A SimilarWeb report had earlier ranked Flipkart as the leading shopping app with 47 percent of the share of visits.



HR
Legal process outsourcing as a career
Legal process outsourcing as a  career - The Hindu
Legal process outsourcing (LPO) is the practice where law firms and other organisations outsource legal work from other places or other legal support services companies. Mostly, countries like USA out


HR
At least 10 die as caste protests escalate in India over quotas for jobs and studies
At least 10 die as caste  protests escalate in India over quotas for jobs and studies - The Independent
Violent protests have paralysed the north Indian state of Haryana leaving at least 10 people dead, triggering a water shortage in neighbouring Delhi, and renewing a debate about caste determining access to government jobs and college places. Curfews have been imposed and thousands of troops and paramilitary forces deployed across the state with orders to shoot on sight, after protesters burnt buildings and buses, attacked the houses of ministers and blocked highways and major rail routes. 


HR
Can I Change Jobs While My Green Card is Pending?
Can I Change Jobs While My  Green Card is Pending? - India Currents
A. I applied for my Green Card with my employer, but now I want to change jobs. Can I look for a new employer before I get my Green Card? Q. Perhaps. To change jobs while your Green Card application is pending (officially called your “Application to Adjust Status,” Form I-485), you need to meet three criteria.  First, your Application to Adjust Status must be pending for 180 days or longer. Second, your Application to Adjust Status must be based on the Immigrant Worker Petition, Form I-140, which your employer submitted for you. Third, the new job must be in ...


HR
Millennials quit their jobs to pursue other interests
Millennials quit their jobs to  pursue other interests - Times of India
Let alone the latest fashion trends and owning the most upbeat gadgets, there's one more thing that is really considered as `cool' among millennials.



Logistics
Indian Railways: Train hostesses to welcome travellers with roses on the Delhi- Agra Gatiman Express next month
Indian Railways: Train  hostesses to welcome travellers with roses on the Delhi- Agra Gatiman Express next month - Financial Express
Imagine being ushered into a train by a hostess who presents you a rose bud as soft music plays in the background.


Logistics
Jat reservation: Quota stir hit Indian Railways services, 1000 trains affected
Jat  reservation: Quota stir hit Indian Railways services, 1000 trains affected - Financial Express
The Jat agitation for quota has hit Indian Railways services hard in the northern states, affecting around 1000 trains with 736 trains cancelled and 105 diverted besides damage to rail property, causing a loss of Rs 200 crore to the transporter.


Logistics
Ratan Tata speaks out against incumbent airlines opposing abolition of 5/20 rule
Ratan Tata  speaks out against incumbent airlines opposing abolition of 5/20 rule - Economic Times
Tata didn't name any airline in his statement. But the incumbents include Go Air, SpiceJet, IndiGo and Jet Airways which voice their dissent through the FIA.


Logistics
Boon and bane: Despite double digit growth of air travel in India, airlines are in distress
Boon and bane: Despite double  digit growth of air travel in India, airlines are in distress - Firstpost
A fast-growing economy and an expanding middle class have made India the world's fastest growing air travel market and yet, Indian airlines are in distress.



Construction
100 smart villages targeted by Narendra Modi by end of 2016
100 smart villages targeted by  Narendra Modi by end of 2016 - Livemint
Prime Minister Modi launches mission aimed at turning rural areas into economically, socially and physically sustainable spaces


Construction
NCDRC rules that builders can't deny homebuyers benefits due to cost escalation
NCDRC rules  that builders can't deny homebuyers benefits due to cost escalation - ET Realty
The National Consumer Disputes Redressal Commission (NCDRC) made a ruling to this effect on Wednesday, providing relief to 132 Pune residents


Construction
Work at 22 housing projects in Ghaziabad halted
Work at 22 housing projects in  Ghaziabad halted - ET Realty
The builders had in 2013 submitted a list of 4,000 flats to be constructed under EWS and LIG categories but a recent survey had revealed only 1,200 un..


Construction
Cities left out of Smart City race to interact with winners at workshop
Cities left out  of Smart City race to interact with winners at workshop - ET Realty
The interaction will take place at a day long workshop being organised by the Urban Development Ministry



Marketing
9 Global Digital Marketing Campaigns That You Should Read This Week
9 Global Digital Marketing  Campaigns That You Should Read This Week - Lighthouseinsights
1. With a billion views on YouTube, Motor Trend is now building a video paywall: Motor Trend has hit a billion views on YouTube by giving away its content for free. Now it’s changing gears to get s…


Marketing
9 Major Updates From Facebook, Google, Twitter Snapchat
9 Major Updates From Facebook,  Google, Twitter Snapchat
1. Official Launch Date for Google AMP Confirmed: Google will be introducing its Accelerated Mobile Page initiative on Feb. 24, several sources familiar with AMP confirmed to Ad Age. 2. Facebook St…


Marketing
Campaign logic: Casting the net wider
Campaign logic: Casting the net  wider - Business Standard
A new campaign of Flipkart sets out to show that those consumers who are believed to be entrenched in tradition and shopping offline are no longer indifferent to trying out e-commerce


Marketing
New Method To Check Pay-Per-Click Advertising Fraud
New Method To Check  Pay-Per-Click Advertising Fraud - LifeHacker India
Indian-origin researchers have proposed a new method for detecting fraud from the payment-per-click model - a pricing model used for online advertising. "If



Politics
BJP gives in to Jat quota stir, says will introduce bill on OBC status in next Assembly session
BJP gives in to Jat quota stir, says will introduce bill on  OBC status in next Assembly session
Buckling under pressure from agitating Jats, the BJP on Sunday announced that a bill for giving OBC status to Jats will be brought in the coming Haryana Assembly session


Politics
A prelude to sedition: The ABVP’s Campaign Against Anti-National Activities at JNU did not occur overnight
A prelude to sedition: The ABVP’s Campaign Against Anti-National Activities at JNU did not occur overnight
Since last week, Jawaharlal Nehru University (JNU) in Delhi has been the site of protests and clashes. On 12 February 2016, the JNU Students’ Union president Kanhaiya Kumar, was arrested under Section 124A and Section 120B of the Indian Penal Code that refer to sedition and criminal conspiracy, respectively. Kumar’s arrest was preceded by an … Continue reading A prelude to sedition: The ABVP’s Campaign Against Anti-National Activities at JNU did not occur overnight


Politics
Jat Quota Protests: 10 Dead, 150 Injured, Says Haryana Police
Jat Quota Protests: 10 Dead, 150 Injured, Says Haryana Police
CHANDIGARH -- Ten persons have been killed and about 150 injured during the ongoing Jat stir, Haryana DGP Yashpal Singhal said today even as he underlined that his priority was to restore water supply


Politics
Ram temple will be constructed; Hindus will help Muslims build mosque if they want: Subramanian Swamy
Ram temple will be constructed; Hindus will help  Muslims build mosque if they want: Subramanian Swamy
Senior BJP leader and former Union minister Subramanian Swamy is confident of a positive verdict from the Supreme Court on the Ram Janmabhoomi case



Sports
Asia Cup 2016 team preview: India start as overwhelming favourites
Asia Cup 2016 team preview: India start as overwhelming  favourites
MS Dhoni led India are the overwhelming favourites to win the Asia Cup and get perfect preparation before World T20.


Sports
Home-grown champ: Story of Indian Olympic Boxer Shiva Thapa
Home-grown champ: Story of Indian Olympic Boxer Shiva Thapa
Shiva Thapa was born and raised in the sterner gaze of his father’s dream of producing an Olympian in martial arts-crazy North East.


Sports
Viv Richards lauds Brendon McCullum for scoring fastest Test ton
Viv Richards lauds Brendon McCullum for scoring fastest  Test ton
Brendon McCullum smashed 100 runs off 54 balls to break Vivan Richards' record set against England in 1986 by 2 balls.


Sports
Wenger: Messi, Suarez Neymar's camaraderie is incredible
Wenger: Messi, Suarez Neymar's camaraderie is incredible
Wenger: Messi, Suarez & Neymar's camaraderie is incredible



Entertainment
Hindi can’t be imposed on others, says Adoor Gopalakrishnan
Hindi can’t be imposed on others, says Adoor  Gopalakrishnan
National-award-winning filmmaker Adoor Gopalakrishnan says Hindi is a beautiful language, but it should be counted as a regional language and should not be imposed on others.


Entertainment
Everybody thought we were crazy: Atul Kasbekar on making ‘Neerja’
Everybody thought we were crazy: Atul Kasbekar on  making ‘Neerja’
Atul Kasbekar, who made his debut as a producer with "Neerja", says people thought that the makers of the Sonam Kapoor-starrer were crazy as it had two women headlining it.


Entertainment
A shame to use terms Bollywood, Tollywood: Subhash Ghai
A shame to use terms Bollywood, Tollywood: Subhash  Ghai
Filmmaker Subhash Ghai says he despises the use of words like 'Bollywood', 'Tollywood' and 'Kollywood' for cinema in different languages in India. The veteran director thinks rather than aping Hollywood, people in India should name their regional


Entertainment
Never tried to be popular: Rahul Bose
Never tried to be popular: Rahul Bose
Rahul Bose says that he never tried to become popular and his only intention was to do quality content.






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