Monday, April 18, 2016

April 18, 2016 - Facebook buys domain named after Mark Zuckerberg's daughter from Kerala engineering student for just $700

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Retirement is a Western invention from days gone by that's based on broken assumptions that we want - and can afford - to do nothing. Okinawa, Japan has one of the longest disability-free life expectancies in the world. A study by Dan Buettner and fellow researchers in National Geographic unearthed some reasons why. They eat off smaller plates, have social groups that are life-long and most importantly, have the concept of ikigai (pronounced "icky guy") which roughly translates to "the reason you wake up in the morning". It's the thing that drives you the most. Okinawans don't have a word for retirement - Comment


Digital
Facebook buys domain named after Mark Zuckerberg's daughter from Kerala engineering student for just $700
Facebook buys domain named  after Mark Zuckerberg's daughter from Kerala engineering student for just $700 - News
Amal has 'beaten' the master at his own game and closed a deal with FB, trading the registration rights of maxchanzuckerberg.org on Monday.


Announcing the Bengaluru edition of Techcircle Startup 2016; registrations open now

The Bengaluru edition of Techcircle Startup will provide a comprehensive insight on the startup ecosystem in and around Bengaluru bringing together cutting-edge and disruptive early-stage startups, current and potential investors, angels, seed funds, incubators, accelerators & mentors, along with many of India’s most active VC/PE funds.

Digital
After Morgan Stanley, it's T Rowe bringing down valuations of tech unicorns. Flipkart faces it again
Mutual fund T Rowe Price has cut back its valuations in most of its tech startup investments, including Uber, Dropbox, and Flipkart, according to its filings

 


Digital
SelfDrive.in plans to raise $6 million in next 6 months
SelfDrive.in plans to raise $6  million in next 6 months
Founded as a chauffeur-driven car rental firm in 2005 by his father Shashank Shah, Soham entered the selfdrive space in 2011, making it the oldest in the segment.


Advt: The Power of a Great Digital Hospitality Experience

A tsunami of game-changing digital disruptors has swept into the hospitality industry, raising the stakes in delivering the supreme guest experience. Join Chinmai Sharma, Chief Revenue Officer, Taj Hotels Resorts and Palaces, at Adobe Symposium to get insights into how Taj Hotels plan to bring alive experiences directly from each of their fantastic hotels to screens around the world with breathtaking velocity. Complimentary Registration (for TradeBriefs subscribers).

 


Digital
NestAway Technologies raises $30 million from Tiger Global, Yuri Milner, IDG Ventures
NestAway  Technologies raises $30 million from Tiger Global, Yuri Milner, IDG Ventures
NestAway Technologies has raised around $30 million (around 200 crore) in a Series C financing led by Tiger Global, Russian billionaire Yuri Milner and IDG Ventures India.


Digital
Jugnoo raises another $5 million in series-B round from Paytm
Jugnoo raises another $5  million in series-B round from Paytm
The Chandigarh-based startup has raised $10 million in this round from investors including Snow leopard, an existing investor, and VC firm Rocketship.vc.


Digital
MobiKwik to increase fintech play; aims at profits by 2017
MobiKwik to increase fintech  play; aims at profits by 2017
The firm looks to expand its financial services offerings and has started entering into partnerships with banks and financial institutions for the same.


Retail
Flipkart has set its sights on becoming India's largest furniture retailer by year end
Flipkart has set its sights on  becoming India's largest furniture retailer by year end - News
Flipkart sets an ambitious target of 15-fold growth in this high-value category, which also promises to deliver healthy profits.

Retail
Patanjali to open stores in premium segments to take on big brands
Patanjali Ayurved, a Haridwar-based company founded by Ramdev and his aide Balkrishna, reached its revenue target of Rs 5,000 crore for the year ended March 31, said Balkrishna, MD of Patanjali Ayurved.

Retail
Burger King to add about 40 outlets in India this year
Burger King to add about 40  outlets in India this year - Economic Times
As a part of its focus menu innovation, Burger King has brought in India recent global launch 'Angry Whopper' made of red buns and spices.

Retail
Here's why Maharashtra wants to replicate Delhi's Mother Dairy model
Here's why  Maharashtra wants to replicate Delhi's Mother Dairy model - The Indian Express
Authorities in Maharashtra are studying different models of retail stores including Safal outlets, Dubai's Gulf Food to set up such facilities for their farmers


Telecom
Research team lead by Indian engineer build technology to double WiFi speed
Research team  lead by Indian engineer build technology to double WiFi speed - Daily News Analysis
Research team lead by Indian engineer build technology to double WiFi speed - The team's find can greatly imrpove WiFi speeds on small devices like smartphones and tablets.


Telecom
Airtel shows the way for 4G in India?
Airtel shows the way for 4G in  India? - Deccan Herald
Airtel's recent deals with existing players Videocon and Aircel will bring it's 4G spectrum in all circles across India. This is good for Airtel and to fast track growth of data services. It is also a clear fallout of the recent reform in spectrum rules that now allow spectrum trading between operators.


Telecom
Telecom Minister Prasad promises more policy guidelines to boost electronic manufacturing in India
Telecom Minister Prasad  promises more policy guidelines to boost electronic manufacturing in India - Firstpost
To boost electronic manufacturing in the country, the government will come out with more policy guidelines if required, Telecom Minister Ravi Shankar Prasad said on Thursday.


Telecom
4G rides on falling prices of handsets
4G rides on falling prices of  handsets - Calcutta Telegraph
Demand for 4G - the high-speed data service on mobiles - is poised to take a big leap with prices of handsets falling below Rs 4,000 and operators arming themselves with requisite spectrum for the service.



Finance
Should bank defaulters’ list be made public?
Should bank defaulters’  list be made public? - Livemint
Tarring all defaulters and bankers with the same brush will choke the flow of funds to business, scare bankers and kill entrepreneurship


Finance
Bank loans not sole cause for farm distress, says SBI chief Arundhati Bhattacharya
Bank loans not sole cause for  farm distress, says SBI chief Arundhati Bhattacharya - Economic Times
“More capital needs to be brought in land, investment has to come in irrigation, cold chain, quality of seeds used,” she said.


Finance
IndiaFirst Life eyeing 30 per cent growth in retail business
IndiaFirst Life eyeing 30 per  cent growth in retail business - Economic Times
The target is lower than 38 per cent growth achieved by the 3-way joint venture between Bank of Baroda, Andhra Bank and UK's Legal and General.


Finance
Steady quarter for DCB Bank; but will investors buy?
Steady quarter for DCB Bank;  but will investors buy? - Livemint
Increasing the timescale of its expansion will reduce impact of expansion on earnings, but whether this will bring back investors’ confidence is a moot question




Software
TCS slapped with nearly $1 billion penalty by US court : May impact entire Indian IT sector
TCS slapped with nearly $1  billion penalty by US court : May impact entire Indian IT sector - Economic Times
At the end of the third-quarter, life sciences and healthcare accounted for 7.3% of TCS revenue and was the fastest-growing sector for the company.


Software
ex-Micromax Chairman plans to file a claim of Rs 600-700 crore against the smartphone maker
ex-Micromax Chairman plans to  file a claim of Rs 600-700 crore against the smartphone maker
This will likely be submitted to a 3-member tribunal headed by former SC judge BP Singh as Kapoor seeks to press his claim to stock options in Indias No. 2 handset maker.


Software
Infosys hands out salary increments in the range of 6-12% : Plans to offer equity to top performers
Infosys hands out salary  increments in the range of 6-12% : Plans to offer equity to top performers - Daily News Analysis
Infosys hikes wages by 6-12%; to offer equity to top performers - The wage hikes came soon after the IT giant posted better-than-expected quarterly results for the third time in a row.


Software
Indian-origin engineer develops novel technology to double Wi-Fi speed
Indian-origin  engineer develops novel technology to double Wi-Fi speed
Researchers have developed a novel technology that can double Wi-Fi speeds with a single antenna, a breakthrough that could revolutionise the field of telecommunications.



Ecommerce
Mutual fund T Rowe Price cuts the value of its stake in Flipkart by 15%, becoming the second investor to mark down the online retailer's estimated worth
T Rowe also cut the value of its stakes in Uber and other start-ups citing regulatory filings with the US Securities and Exchange Commission

Ecommerce
Home rental firm NestAway raises $30 million in third round funding led by American investment firm Tiger Global, Yuri Milner
Tiger Global, Yuri Milner lead funding round in NestAway; firm plans to use the investment to scale up operations and build technology

Ecommerce
Lenskart gets Ratan Tata on board in latest funding round; Lenskart raising Rs400 crore to grow its network in tier II and III cities
Lenskart is raising Rs400 crore to grow its network in tier II and III cities through offline franchisee network



HR
China to allocate nearly Rs 1.02 lakh crore aid to 1.8 million steel, coal sector workers
China to allocate nearly Rs  1.02 lakh crore aid to 1.8 million steel, coal sector workers - Daily News Analysis
China to allocate nearly Rs 1.02 lakh crore aid to 1.8 million steel, coal sector workers - In order to cushion the effect of job losses on families and society, the central government of the country has decided to allocate the said amount to help the laid-off workers to find new jobs.


HR
Girls choose feminine jobs for smart boyfriends?
Girls choose feminine jobs for  smart boyfriends? - India Today
According to researchers, women on the hunt for an intelligent man could be down-playing their own talents in order to appear more attractive.


HR
Newspaper reporter's job the worst, US survey says
Newspaper reporter's job  the worst, US survey says - Times of India
For the third year in a row, the job of a newspaper reporter has been ranked as the worst profession, according to a survey in the US, which listed data scientist as the best job after a review of 200 careers.


HR
MoH to recruit nurses directly from India
MoH to recruit nurses directly  from India - Kuwait Times
KUWAIT: Kuwait’s Ministry of Health (MoH) has agreed to recruit nurses from India through India government’s e-migrate system of recruiting nurses for its hospitals. A decision to this effect was taken at a high-level meeting between a visiting Kuwaiti delegation and Kerala government officials in Thiruvananthapuram recently. The MoH is in the process of recruiting …



Logistics

Logistics

Logistics
Indian Railways To use Drones for the frst time in a mega rail project to assess progress on construction, starting with the Dedicated Freight Corridor (DFC) project
Indian Railways To use Drones  for the frst time in a mega rail project to assess progress on construction, starting with the Dedicated Freight Corridor (DFC) project - NDTV
Indian Railways has used drones for the first time for inspecting a mega rail project to assess the progress on the ground. It would now be used to monitor other under-construction schemes.


Logistics
Transport chopper pilots to undergo proficiency checks, will be valid for 6 months: Govt
Transport chopper pilots to  undergo proficiency checks, will be valid for 6 months: Govt - India Today
Transport chopper pilots to undergo proficiency check: Govt



Construction
Harbhajan Singh comes out in support of Dhoni and hits out at realty firm Amrapali on social media
Harbhajan Singh comes out in  support of Dhoni and hits out at realty firm Amrapali on social media - ET Realty
Coming out in support of Dhoni, Harbhajan Singh tweeted complaining that the builder has not given villas to players as promised after 2011 World Cup ..


Construction
Noida readies plan to recharge groundwater after groundwater level reaches critical dimensions
Noida readies plan to recharge  groundwater after groundwater level reaches critical dimensions -  ET Realty
According to the Central Ground Water Authority, the groundwater level in Noida is under "stress" and has reached critical dimensions


Construction
Bhubaneswar green cover will be saved by new building rules
Bhubaneswar green cover will be  saved by new building rules - ET Realty
Good sense seems to have prevailed on the state works department which has decided to go green and save trees while constructing roads in the city


Construction
Mumbai's Cop housing scheme to come up on private land
Mumbai's Cop housing scheme  to come up on private land - ET Realty
The government has permitted the conversion as “most land in its vicinity has already been developed”



Marketing
Countering Frauds in Mobile Advertising : Report
Countering Frauds in Mobile  Advertising : Report - Economic Times
With mobile advertising rocked by fraudulent app installs, mobile filters may be the ideal solution to detect and prevent fake app installations


Marketing
E-commerce firms ride Make in India to reach rural markets : Report
E-commerce  firms ride Make in India to reach rural markets : Report - Business Standard
Paytm to induct 5,000 manufacturers and sellers; has started programmes to identify and train new sellers


Marketing
Exclusive: Maruti Suzuki Consolidates Digital Duties With DAN : Report
Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities


Marketing
New law, statutory body imperative to foster fair trade practices in India
New law,  statutory body imperative to foster fair trade practices in India - Livemint
Frequent stories of big brands indulging in false advertising should be no surprise, as there is no law to check it



Politics
Nana Patekar Explains Why We're All Responsible For Farmer Suicides In Maharashtra
Nana Patekar Explains Why We're All Responsible For Farmer  Suicides In Maharashtra
Nana Patekar is not your average armchair actor-activist. The National Award winning actor has been relentless in his critique of governments, political parties and the common man who seem to have tur


Politics
There's Nothing Inherently Un-Islamic About Changing Muslim Personal Law
There's Nothing Inherently Un-Islamic About Changing Muslim  Personal Law
As soon as a reform to Muslim Personal Law is suggested, the All India Muslim Personal Law Board takes it upon itself to launch a campaign to 'enlighten' the masses in this regard and resist any attempt at alteration--even if the change is slight and within the bounds of Islamic jurisprudence. This stance by the 'religious elites' naturally sends a ripple in the Muslim community, especially when it is portrayed as an intervention in the 'sacred' realm of personal law.


Politics
The Shani Temple Judgment Goes Against The Spirit Of Secularism
The Shani Temple Judgment Goes Against The Spirit Of Secularism
The Bombay High Court recently said that no law in India bars the entry of women in any temple, and neither should it. What it said further on this matter should be of great concern to those who value freedom of religion and secularism. It said that anyone imposing this restriction contravenes the Hindu Place of Worship (Entry Authorization) Act, and may face a six-month jail term.


Politics
Shah Rukh Khan: Having To Repeat That I'm Indian And A Patriot Makes Me Want To Cry
Shah Rukh Khan: Having To Repeat That I'm Indian And  A Patriot Makes Me Want To Cry
NEW DELHI -- Appearing on Aap Ki Adalat , Bollywood actor Shah Rukh Khan said that his remarks about intolerance were misinterpreted, last year, and he is deeply troubled when his loyalties to the cou



Sports
De Kock relishes ton in successful Daredevils chase
De Kock relishes ton in successful Daredevils chase
Quinton de Kock, who struck the first century of IPL 2016, looked a tired man at the post-match press conference, but did not shy away from toasting his innings which secured a seven-wicket win for Delhi


Sports
IPL 2016, KXIP vs RPS: All is well that Glenn Maxwell ends
IPL 2016, KXIP vs RPS: All is well that Glenn Maxwell ends
Rising Pune Supergiants have now lost two consecutive matches after having won their first game in Mumbai.


Sports
IPL 2016: Mumbai Indians opt for Jaipur as home ground; Pune chose Visakhapatnam
IPL 2016: Mumbai Indians opt for Jaipur as home ground; Pune  chose Visakhapatnam
Rajeev Shukla said that BCCI will appeal to the Bombay Huigh Court so that the May 1 match between MI and Pune is allowed to be staged.


Sports
Bengaluru FC win second I-League title
Bengaluru FC win second I-League title
Eugenson Lyngdoh and Seminlen Doungel scored for Bengaluru as Ashley Westwood's side took three points to clinch their second I-League title.



Entertainment
Randeep Hooda reveals reason behind his ‘slow’ progress in Bollywood
Randeep Hooda reveals reason behind his ‘slow’  progress in Bollywood
Randeep Hooda says that being straightforward was the reason for his "slow" progress in the industry.


Entertainment
Wanted to bring drug abuse issue at centre stage: Abhishek Chaubey
Wanted to bring drug abuse issue at centre stage:  Abhishek Chaubey
Abhishek Chaubey says he wanted to bring the issue of substance abuse at the national level with his film "Udta Punjab".


Entertainment
To play Spider-Man is an honour: Tom Holland
To play Spider-Man is an honour: Tom Holland
Actor Tom Holland says to play Spider-Man is an "honour" and a "privilege".


Entertainment
Rajinikanth, Kamal Hassan, Mamooty: Film stars join hands for a cause
Rajinikanth, Kamal Hassan, Mamooty: Film stars  join hands for a cause
A day long cricket event was formally inaugurated by superstar Rajinikanth, Kamal Hassan, where actors and actress from southern India came together and took part in a one-day Lebara Natchathira (stars) Cricket League.






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