Friday, March 18, 2016

March 18, 2016 - Times Internet elevates Satyan Gajwani as MD; Gautam Sinha becomes CEO

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
This has been a good week. Parliament has passed 7 bills, including the Real Estate bill and the Aadhaar bill. Bills indicate intent, the action still has to happen on the ground. Action of the kind taken by Temsutula Imsong, who is cleaning up Varanasi, one ghat at a time. Temsutula is co-founder of Sakaar Sewa Samiti, a non-profit involved in rural development. It's people like her and her army of volunteers who are turning words into action, rather than the local government, which dumps the garbage across the river whenever a VIP arrives. The citizens of India are waking up to the consistent calls to action from the top, it's time the government machinery woke up too - Comment


Digital
Times Internet elevates Satyan Gajwani as MD; Gautam Sinha becomes CEO
In December, TIL brought in Gulshan Verma as chief revenue officer.


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Digital
Will they, Won't they? Flipkart-Amazon 'once' merger talks become talk of the town
They have resisted walking down the aisle but back-fence talks about a merger refuse to die down.


Digital
Not in talks with Alibaba for funds, says Flipkart. Disagreement on valuations seen as main reason
Not in talks with Alibaba for  funds, says Flipkart. Disagreement on valuations seen as main reason
Negotiations may have failed due to differences over valuation: sources


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Gartner analysts share their top predictions for 2016 and beyond. As the digital wave advances, Gartner analysts discuss the future of I&O and its implications for end-user organizations and solution providers. Use Gartner Predicts as planning assumptions on which to base your strategic plans.

 


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Digital
Amazon's wallet play: India unit reportedly files application for semi-closed digital wallet license with Royal Bank of India
Amazon's wallet play: India  unit reportedly files application for semi-closed digital wallet license with Royal Bank of India - PYMNTS.com
Amazon's payments side might soon get a little bigger — at least for its India business. New reports show it's filed for its semi-closed digital wallet license.


Digital
Cisco to set up Internet of Everthing innovation centre in Vizag
Cisco to set up Internet of  Everthing innovation centre in Vizag
Centre part of proposed initiatives in MoU with AP govt


Digital
Healthcare startup HealthEnablr raises $800K in seed funding
The healthcare startup is founded by ex-PE honcho Bamasish Paul.


Retail
Xiaomi goes Apple way, seeks 30% local sourcing relaxation in retail application
Xiaomi goes  Apple way, seeks 30% local sourcing relaxation in retail application - Economic Times
Apple India recently filed a revised application for opening its fully-owned outlets in India, foregoing the 30% sourcing norm. The application is being examined by the DIPP.

Retail
Baba Ramdev's Patanjali leaves Ayurveda 'pioneers' like Baidyanath and Vicco behind
Baba Ramdev's Patanjali  leaves Ayurveda 'pioneers' like Baidyanath and Vicco behind - Economic Times
Kolkata-based Baidyanath, which sells nearly 750 products, meanwhile, says it has no ambition to rival Patanjali, Dabur or Himalaya in the core FMCG segments.

Retail
Statistics Ministry planning to include ecommerce in calculation of CPI
Statistics  Ministry planning to include ecommerce in calculation of CPI - Economic Times
A large chunk of the urban population is going online for necessities like groceries, apart from clothing & footwear, a trend thats not getting captured in the data set.

Retail
FourthLion enters organised retail with 'WalkIn' at Coffee Day
FourthLion  enters organised retail with 'WalkIn' at Coffee Day - Economic Times
Naman Pugalia, CEO at FourthLion, said the startup is creating for brick-andmortar retail what Amazon and Flipkart have for online retail.


Telecom
The guy who holds the planet's two billion mobile phone numbers
It is the third most downloaded app in India after Facebook and WhatsApp. It has consistently been in the top 10 apps in India for months altogether with over 120 million downloads. That is Truecaller, which has over 2 billion phone numbers of the planet’s smartphone population in its servers located in Sweden. Yet, the company has just 80 employees, who run its entire worldwide infrastructure of over 200 million users.

 


Telecom
Bharti snaps up Videocon's telecom biz for Rs 4428 cr
Bharti snaps up Videocon's  telecom biz for Rs 4428 cr - Times of India
India's largest telecom operator (by subcriber base) Bharti Airtel has acquired Videocon Telecom for Rs 4,428 crore...


Telecom
Tillman Global looks for new partners as TPG may not back Reliance Communications's tower deal
Tillman Global looks for new  partners as TPG may not back Reliance Communications's tower deal - Economic Times
Sources said TPG's reluctance to agree to the higher valuation has led Ahuja, to reach out to others.


Telecom
Idea, Videocon call off Rs 3310 crore spectrum deal
Idea, Videocon call off Rs 3310  crore spectrum deal - Times of India
Idea hangs up the call as Airtel enters Videocon’s spectrum - Bharti Airtel has entered into an agreement with Videocon Telecommunications on Thursday to buy spectrum in six circles for Rs 4,428 crore.



Finance
Heineken may take control of Vijay Mallya’s United Breweries
Heineken may  take control of Vijay Mallya’s United Breweries - Livemint
A move against Mallya would likely be a prelude to Heineken raising its stake in the maker of Kingfisher beer to above 50%


Finance
Access Asset Managers, others to buy 25% stake in Alliance Insurance Brokers
Access Asset  Managers, others to buy 25% stake in Alliance Insurance Brokers - Economic Times
Private equity firm Access Asset Managers and some other investors will put in Rs 55 crore to acquire 25% stake in Alliance Insurance Brokers.


Finance
Can monetary policy increase inequality?
Can monetary policy increase  inequality? - Livemint
Increase in money supply is likely to benefit those who are more connected to financial markets


Finance
Kingfisher House fails to get any bids at SBI auction
Kingfisher House fails to get  any bids at SBI auction - Livemint
A real estate adviser said the asking price for the headquarters of Vijay Mallya’s defunct Kingfisher Airlines was too high




Software
Will mobile payments replace cash or credit cards by 2030?
Will mobile payments replace  cash or credit cards by 2030? - SC Magazine UK
By the year 2030, mobile payments will be secure enough to replace cash and credit cards according to 70 percent of consumers.


Software
Why a start-up culture will drive India's digital disruption?
Why a start-up  culture will drive India's digital disruption? - Livemint
The next big thing can come from anyone, anywhere, as long as individuals have the right environment and tools


Software
Infosys bagging big deals with large clients like Deutsche Bank and Mercedes-Benz : Tries to get its mojo back
Infosys bagging big deals with  large clients like Deutsche Bank and Mercedes-Benz : Tries to get its mojo back - Economic Times
Infosys bagged large deals from companies including Deutsche Bank, Mercedes-Benz and the Goods and Services Tax Network (GSTN) in India.


Software
TCS tops the ranking in terms of customer satisfaction
TCS tops the ranking in terms  of customer satisfaction - Times of India
IT services major Tata Consultancy Services (TCS) today said it has been named the official technology partner of Virgin Money London Marathon for three years -- 2016, 2017 and 2018. The partnership with Virgin Money London Marathon would help



Ecommerce
Mobile payments firm Paytm to increase seller base on its online marketplace multi-fold to 500,000 by the end of next financial year
The company is also running a lot of loyalty programmes for its sellers, Paytm Vice President Nitin Misra said.

Ecommerce
Concierge services startup Qlivery raises $230,000; to use the fund to expand its team, reach out to newer geographies and customer acquisition
Qlivery will used the fund to expand its team, reach out to newer geographies and customer acquisition

Ecommerce
ICICI Securities, Kotak Mahindra Cap exit from Infibeam's IPO
ICICI Securities, Kotak  Mahindra Cap exit from Infibeam's IPO - Economic Times
As per Draft Red Herring Prospectus, Gujarat-based Infibeam plans to come out with public issue of equity shares worth up to Rs 450 crore.

Ecommerce
Indian cuisine food chain Hello Curry raises $1.5 million in bridge round; to develop new food products and delivery mechanisms
The Hyderabad-based firm will invest the money from this round to develop new food products and delivery mechanisms



HR
India to see highest rise in employment in 2016: Survey
India to see highest rise in  employment in 2016: Survey - Economic Times
83 per cent of Indian executives expect their companies to hire more and 52 per cent respondents expect employment to grow by over 10 per cent.


HR
How HR Managers Are Handling Familiar Challenges On A Global Scale
How HR Managers  Are Handling Familiar Challenges On A Global Scale - ValueWalk
It’s often difficult for even experienced HR managers to hire the right person -- or even to figure out what defines the "right" candidate


HR
Wavelengths: Why India is the Most Important Ally Americans Should Cultivate
Wavelengths:  Why India is the Most Important Ally Americans Should Cultivate - San Clemente Times
By Jim Kempton An emerging colossus on the international stage, India is an opportunity America should not miss. In a world of strategic competitors, restless allies and distant adversaries, India ...


HR
Cross the boss
Cross the boss - The Economist
What your manager may have in common with a vampire



Logistics
Isro, Indian Railways to Sign MoU for Remote Sensing, GIS Technologies
Isro, Indian  Railways to Sign MoU for Remote Sensing, GIS Technologies - NDTV
'Marriage of necessity': Suresh Prabhu's Indian Railways turns to space research tech: Indian Railway Minister Suresh Prabhu's Indian Railways today joined hands with Indian Space Research Organisation (ISRO) for effective use of space technology tools in introduction of web-enabled rail user-centric services, remote sensing and graphic information system (GIS) based applications.


Logistics
Jaipur Airport wins the 'Best Airport in the World' award, in the Airport Service Quality Awards with Lucknow airport coming a close second
Jaipur Airport wins the  'Best Airport in the World' award, in the Airport Service Quality Awards with Lucknow airport coming a close second - Daily News Analysis
Jaipur Airport wins the 'Best Airport in the World' award, Lucknow second - Lucknow Airport has managed to grab the second place.


Logistics
Jaitley hopes numbers change in RS will allow GST bill passage
Jaitley hopes numbers change in  RS will allow GST bill passage - Hindustan Times
The GST Bill has been approved by the Lok Sabha and is currently stalled in the upper house, where the ruling National Democratic Alliance (NDA) lacks a majority.


Logistics
AirAsia India appoints Amar Abrol as new CEO, who was CEO of 'Tune Money' a start up in the financial space
AirAsia India appoints Amar  Abrol as new CEO, who was CEO of 'Tune Money' a start up in the financial space - Livemint
“Chandilyas contract ends March 31, 2016, but he will continue with the company until the end of April to ensure a smooth transition of CEO role,” said a release.



Construction
Saket shopping mall sold by DLF to subsidiary for Rs 904 crore
Saket shopping mall sold by DLF  to subsidiary for Rs 904 crore - Livemint
The move is in line with the strategy to consolidate and monetise the rental assets


Construction
Navi Mumbai civic body drafts STP project under AMRUT and drops Smart City project
Navi Mumbai  civic body drafts STP project under AMRUT and drops Smart City project - ET Realty
The futuristic STP project with an enhanced level of purification from the current secondary to tertiary level will help better commercial exploitatio..


Construction
Magicbricks.com acquires property analysis firm Properji.com
Magicbricks.com acquires  property analysis firm Properji.com - ET Realty
Properji.com which has its presence in Bengaluru, provides detailed research to buyers and has prepared reports for about 100 projects



Marketing
Can rural India save print media? : Non-metro ad spends set to rise
Can rural India  save print media? : Non-metro ad spends set to rise - Business Standard
Ad revenues to go up in 2016-17. Automobiles and e-commerce to be big contributors,telecom too, with 4G being the game changer: ReportRural India is set to assert its power over the media and entertainment sector (M&E) in 2016-17, pushing ad spends


Marketing
E Y Predicts Increased Ad Budgets in India by 2018 : Report
Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities


Marketing

Marketing
That Airtel 4G Girl Makes A Comeback : But She Is Not Confident Of Her 4G Network
That Airtel 4G  Girl Makes A Comeback : But She Is Not Confident Of Her 4G Network - Lighthouse insights
The Airtel 4G girl has earned so much brand recall that it would be foolish for the telecom carrier to let it go just like that. Airtel had rolled out high speed 4G services in 296 towns last year,…



Politics
‘We can’t have uninterrupted talks with people who cannot control their nationals’: Shashi Tharoor on Pakistan
‘We can’t have uninterrupted talks with  people who cannot control their nationals’: Shashi Tharoor on Pakistan
"It's surrendering our self respect by saying we will talk to you even if your people are coming and killing us," Tharoor said.


Politics
Shiv Sena hits out at Owaisi, calls for beheading those who refuse to say ‘Bharat Mata ki Jai’
Shiv Sena hits out at Owaisi, calls for  beheading those who refuse to say ‘Bharat Mata ki Jai’
The Shiv Sena's mouthpiece Saamana wrote a strongly-worded editorial on the controversy, saying that the citizenship of those who refuse to chant the slogan should be revoked.


Politics
Jat Protests: Security Tightened Across Haryana As Deadline On Quota Ends Today
Jat Protests: Security Tightened Across Haryana As Deadline On  Quota Ends Today
CHANDIGARH -- The Government of Haryana has stepped up security in many towns as the deadline issued by the Jat community to accept their demand for quotas ends today. On Monday, Jat community lead


Politics
Obstructionist’s role? Why Congress looks churlish, not smart in its House strategy
Obstructionist’s role? Why Congress looks  churlish, not smart in its House strategy
The BJP sounds equally foolish when it goes on pointing to legacy issues and failure of the previous regime to deliver after almost two years in power.



Sports
Hero Indian Open: ‘Important to build on the good start’
Hero Indian Open: ‘Important to build on the good  start’
The Indians, as usual, have begun well at the Indian Open golf at the Delhi Golf Club with Sanjay Kumar also shooting 67.


Sports
MS Dhoni’s Hummer H2 ‘mistakenly’ registered as Mahindra Scorpio by Ranchi transport department
MS Dhoni’s Hummer H2 ‘mistakenly’ registered as  Mahindra Scorpio by Ranchi transport department
As a result of the typing error, MS Dhoni was asked to deposit only Rs 53,000 as registration charges instead of Rs four lakh.


Sports
Vijay Mallya quits as RCB director, to remain chief mentor
Vijay Mallya quits as RCB director, to remain chief mentor
Vijay Mallya will have the honorary title of chief mentor for as long as his son Siddharth Mallya remains on the RCSPL board.


Sports
ICC World T20: South Africa game for their rivals, and inner demons
ICC World T20: South Africa game for their rivals, and inner  demons
When you look at South African squads that have played in World T20s previously, it’s difficult to see where they could have gone wrong.



Entertainment
Not doing Bollywood just for the heck of it: Singham actress Kajal Aggarwal
Not doing Bollywood just for the heck of it: Singham  actress Kajal Aggarwal
Actress Kajal Aggarwal says she chooses her roles carefully in the Hindi film industry.


Entertainment
Radhika Apte is all set to surprise fans with two releases this year
Radhika Apte is all set to surprise fans with two releases  this year
Radhika Apte is all set to surprise her fans with two distinctive releases in this year.


Entertainment
Hrithik Roshan breaks silence on alleged affair with Kangana Ranaut, issues statement
Hrithik Roshan breaks silence on alleged affair with  Kangana Ranaut, issues statement
Hrithik Roshan has finally broken his silence on his alleged affair with Kangana Ranaut that has now taken B-town by storm.


Entertainment
Bollywood actress Kalki Koechlin slams peers for promoting skin lightening cream
Bollywood actress Kalki Koechlin slams peers for  promoting skin lightening cream
Kalki Koechlin doesn't support stars like Shah Rukh Khan, Aishwarya Rai and Sonam Kapoor promoting whitening products.






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