Tuesday, June 28, 2016

June 28, 2016 - Indian e-commerce stagnated between May 2015 and 2016 in terms of the value of goods sold, Snapdeal worst hit

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Blog
Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Tom Tunguz has compiled Crunchbase and Pitchbook data to show that there has been a 50% drop in new software company formation in 2015 compared to 2014. What could have caused this? Seed funding has remained flat, although what has happened is that fewer companies have raised larger rounds. This suggests a maturing of the sector in the US. India is not far behind - a shakeup is happening. For new founders with serious business ideas, it's a good time to start up - less noise to deal with.


Digital
Indian e-commerce stagnated between May 2015 and 2016 in terms of the value of goods sold, Snapdeal worst hit
Indian e-commerce stagnated  between May 2015 and 2016 in terms of the value of goods sold, Snapdeal worst hit - Times of India
Indian e-commerce was emblematic of frenetic growth until very recently, but the last six to eight months have seen the industry come to a grinding halt, making it an inflection point for all the players involved.


taggit

 


Digital
Google CEO Sundar Pichai’s Quora account hacked
Google CEO Sundar  Pichai’s Quora account hacked
Google CEO Sundar Pichai's Quora account has been hacked by the same group which previously broke into Facebook boss Mark Zuckerberg's Twitter and Pinterest accounts, according to a media report today. The hacker group called OurMine Team has been posting messages on Quora through P


Digital
India beats US, China to become top destination for R&D investments
India beats US,  China to become top destination for R&D investments
Global majors making a beeline to expand R&D ops, says report


 


Digital
Digital media startup Appiness Interactive hires former Ogilvy & Mather MD as chief marketing officer
Digital media startup Appiness  Interactive hires former Ogilvy & Mather MD as chief marketing officer
Bangalore-based digital media startup Appiness Interactive Pvt. Ltd has hired former managing director of Ogilvy & Mather (Singapore) Adrian M Odgers as chief marketing officer. Odgers will be working closely with Appiness’ founding team on its recently launched non-residential accelerato


Digital
Online counselling startup YourDOST raises Rs 8 crore funding from SAIF Partners, others
Online counselling startup  YourDOST raises Rs 8 crore funding from SAIF Partners, others
Bangalore-based YourDOST, an online counselling and psychological support platform, has raised $1.2 million (around Rs 8 crore) in a funding round led by venture capital firm SAIF Partners, according to VCCEdge, the data research platform of VCCircle, and filings with the Registrar of Companies (RoC


Digital
Logistic IoT startup Locanix raises Rs 2 crore from Goldman Sachs, Cisco
Logistic IoT  startup Locanix raises Rs 2 crore from Goldman Sachs, Cisco
The three-year-old startup used GPS tracking to provide innovative logistic solutions that help improve safety, security and operational efficiency.


Sports
Euro 2016, England vs Iceland: Red-hot Iceland knockout Three Lions
Euro 2016, England vs Iceland: Red-hot Iceland knockout Three  Lions
Iceland come from behind to win 2-1 and knockout England from Euro 2016 and advance into quarters.


Sports
Sergio Ramos thanks supporters after Spain’s debacle in Euro 2016
Sergio Ramos thanks supporters after Spain’s debacle in Euro  2016
Spain's era of dominance at the European Championship came to an end when Italy beat the defending champion 2-0 in the round of 16.


Sports
Ask Ganguly what problem he has with me, instead of asking me: Ravi Shastri
Ask Ganguly what problem he has with me, instead of asking  me: Ravi Shastri
Ravi Shastri had told The Indian Express that Sourav Ganguly was absent during his interview before the board to pick India's new head coach.


Sports
Pro Kabaddi League: Patna Pirates begin title defence emphatically
Pro Kabaddi League: Patna Pirates begin title defence  emphatically
Surjeet Singh scored seven raid points and Fazel Atrachali marshalled the defence impecabbly in Patna Pirates emphatic win.



Entertainment
Josh Peck gets engaged to Paige O’Brien
Josh Peck gets engaged to Paige O’Brien
Actor Josh Peck got engaged to longtime girlfriend Paige O'Brien.


Entertainment
Parenthood is now an option for many who choose to be single parents, says Tusshar Kapoor
Parenthood is now an option for many who choose to be  single parents, says Tusshar Kapoor
With the help of IVF and surrogacy, Tusshar Kapoor becomes single parent to a baby boy.


Entertainment
Salman Khan to be summoned by NCW for ‘raped woman’ remark
Salman Khan to be summoned by NCW for ‘raped  woman’ remark
Earlier, NCW chief Lalitha Kumaramangalam had sought a public apology from the Bollywood actor and asked for an explanation.


Entertainment
Udta Punjab now to become case study in Business schools
Udta Punjab now to become case study in Business  schools
Abhishek Chaubey's Udta Punjab, released to critical acclaim after getting into trouble with the CBFC, will be a case study at three business schools.



Software
Will Google launch its own handset to take on Apple?
Will Google launch its own  handset to take on Apple? - Firstpost
In a move to take on Apple's dominance in the high-end smartphone market, search engine giant Google may release its own handset by the end of this year


Software
How is technology changing the face of money?
How is technology changing the  face of money?
It is not possilbe to cover each payment gateway provider, mobile wallet company or a company that is solving the payment problems in India, but a few notable names such as PayUMoney, Freecharge, Novopay amongst others have done their bit too.


Software
US Federal Communications follows Indian counterpart Trai’s steps to push for net neutrality
US Federal Communications  follows Indian counterpart Trai’s steps to push for net neutrality
The FCCs order on net neutrality also referred to as the open internet rules, came into force from June 12 after a federal US court rejected three petitions to stay the US regulators order.


Software
Top 5 IT firms lost Rs50,000 crore market value in last two days : Is it Brexit impact?
Top 5 IT  firms lost Rs50,000 crore market value in last two days : Is it Brexit impact? - Livemint
TCS lost nearly `30,000 crore in market capitalisation, Infosys `12,000 crore, Wipro `3,420 crore, HCL `5,078.73 crore and Tech Mahindra `2,951 crore



Telecom
Net neutrality: US follows Indian counterpart Trai's steps
Net neutrality:  US follows Indian counterpart Trai's steps - Economic Times
The FCCs order on net neutrality also referred to as the open internet rules, came into force from June 12 after a federal US court rejected three petitions to stay the US regulators order.


Telecom
Spectrum proceeds below target: HSBC
Spectrum proceeds below target:  HSBC - Times of India
Indian regulators set a reserve price of $83 billion for an upcoming pan-India spectrum auction, and, in Thailand, the largest carrier is launching VoWi-Fi.


Telecom
World's cheapest mobile aimed at connecting rural India will ship this week
World's  cheapest mobile aimed at connecting rural India will ship this week - Daily Mail
Developed by Ringing Bells, a technology firm based in Noida, more than 200,000 devices will be sold in India to pre-registered users during the first phase of delivery.


Telecom
Reliance Communications to offer 4G data at Rs 93 per 10GB on RJio network
Reliance  Communications to offer 4G data at Rs 93 per 10GB on RJio network - Times of India
Reliance Communications from this week onwards will start offering 4G service using Reliance Jio network to its CDMA customers in select circles at a starting price of Rs 93 per 10GB.



Politics
Swamy, who once warned against ‘RSS fascists’, must rethink strategy
Swamy, who once warned against ‘RSS  fascists’, must rethink strategy
Subramanian Swamy wasn’t always like this; an extreme right-wing, hyper-national, hardline Hindutva proponent and a loose cannon.


Politics
Rajan Is No Less Patriotic, Says Modi In Snub To Swamy
Rajan Is No Less Patriotic, Says Modi In  Snub To Swamy
NEW DELHI -- Prime Minister Narendra Modi today disapproved of party MP Subramanian Swamy's attacks on RBI Governor Raghuram Rajan and some top finance ministry officials saying they are "inappro


Politics
Arun Jaitley accuses Congress of delaying economic reforms
Arun Jaitley accuses Congress of delaying economic  reforms
With nearly a month left for the start of the monsoon session of Parliament, Finance Minister Arun Jaitley on Sunday accused the Congress of delaying the much-awaited economic reforms in the country.


Politics
Not ‘UP’ for it: Sheila Dikshit will not be Congress’ CM candidate in UP polls
Not ‘UP’ for it: Sheila Dikshit will not  be Congress’ CM candidate in UP polls
Former Delhi chief minister Sheila Dixit, currently battling corruption allegations, has declined the Congress' offer to become its chief ministerial candidate for the Uttar Pradesh elections



Finance
Who wins from Brexit? China
Who wins from Brexit? China -  Livemint
The opportunities for China to divide and conquer will only increase now that Europe’s second-largest economy has gone its own way


Finance
Entrepreneurs with social mission: Four Indian startups that are fighting cancer
Entrepreneurs  with social mission: Four Indian startups that are fighting cancer - Economic Times
Cancer research has set off a raging debate between entrepreneurs with a social mission and investors who sense ripe business potential.


Finance

Finance
Sebi set to allow e-commerce firms to sell mutual funds
Sebi set to allow e-commerce  firms to sell mutual funds - Livemint
A Sebi panel on digitization of financial services, headed by Nandan Nilekani, has submitted its recommendation, which were then forwarded to Amfi



Logistics
MNS petitioning to allow airport parking fees, currently pick up and drop point entry and parking fee have been cancelled by order
MNS petitioning to allow  airport parking fees, currently pick up and drop point entry and parking fee have been cancelled by order - Times of India
The Maharashtra Navnirman Sena (MNS) has moved the Bombay high court against Mumbai International Airport Pvt Ltd to prohibit them from collecting parking charges at pick-up and drop points and entry fees at the international airport and domestic terminal in the city.


Logistics
India needs Rs 1.4 lakh crore to lay 15,000 km of roads this fiscal
India needs Rs  1.4 lakh crore to lay 15,000 km of roads this fiscal - The Asian Age
According to the report on targets for the infrastructure sector for 2016-17, Rs 70,000 crore should be raised through GBS and IEBR, Niti Aayog said i..


Logistics
Hope changing party arithmetic will allow passing of GST: Modi
Hope changing party arithmetic  will allow passing of GST: Modi - Times of India
With the changing arithmetic in the Rajya Sabha, Prime Minister Narendra Modi hopes that the government will be able to pass the long-pending GST bill in the upcoming monsoon session of Parliament.


Logistics
Singapore Airlines plane catches fire, while making an emergency landing at Changi Airport, none hurt
Singapore Airlines plane  catches fire, while making an emergency landing at Changi Airport, none hurt - Times of India
The pilot announced a problem with one of the engines two hours after take-off because of which the Milan-bound flight had to turn the flight back to the SIngapore Airport.



Retail
Will TinyOwl, Roadrunnr merger fly?
How Roadrunnr + TinyOwl became Runnr and whether two failed ideas rolled into one can become successful

Retail
PepsiCo brings back aspartame as diet cola sales fizzle
New York, June 27, 2016 (AFP) -PepsiCo said Monday it is putting aspartame back into some diet beverages in the United States, just a year after pulling the artificial sweetener from its products over consumer concerns about safety.

Retail
How startups like Crownit, Fashalot are going online to find deals offline
How startups  like Crownit, Fashalot are going online to find deals offline - ETtech.com
Startups are bringing together the online and offline, building apps that help customers find the best discounts in their neighbourhood.


Ecommerce
Infosys co-founder Nandan Nilekani invests Rs. 160 crore in KKR realty unit
Infosys  co-founder Nandan Nilekani invests Rs. 160 crore in KKR realty unit - International Business Times, India Edition
International Business Times, India Edition
International Business Times, India EditionNandan Nilekani, former chairman of the Unique Identification Authority of India, has earned a reputation as an angel investor in start-ups since 2015. In the first half of 2016 alone, he has invested in 6 different firms belonging to diverse sectors ...sp;

Ecommerce
LeEco achieves a record of over 5 lakhs registrations for Le 2 and Le Max2 ahead of its first flash sale on June 28
LeEco achieves a record of over  5 lakhs registrations for Le 2 and Le Max2 ahead of its first flash sale on June 28 - The Indian Express
LeEco is giving away free CDLA earphones worth Rs 1,990 for Le 2 or Le Max2 buyers.

Ecommerce
Flipkart, Amazon Top LinkedIn India's List of Most Preferred Employers
Flipkart,  Amazon Top LinkedIn India's List of Most Preferred Employers - NDTV
Other tech companies on LinkedIn India's Top Attractors 2016 list included Google, Adobe, HCL, Ola, Snapdeal, Microsoft, Oyo Rooms, MakeMyTrip.com, and Zomato.


Marketing
How Psychographics Influence Ad Targeting : Report
How Psychographics Influence Ad  Targeting : Report - CMO
By using psychographic data, marketers can gain a deeper understanding of an individual’s lifestyle and interests, which can then be combined with demographic data for specific, highly granular targeting.


Marketing
What is fuelling India's TV ad space? : Find out here
What is fuelling India's TV  ad space? : Find out here - Financial Express
High-end VFX is no longer the preserve of big-budget theatrical releases, as agencies use it increasingly to create groundbreaking adverts for mainstream consumer brands


Marketing
Having the last word in healthcare advertising : Report
Having the last word in  healthcare advertising : Report - Daily News Analysis
Having the last word in healthcare advertising - India had a great start at the 2016 Cannes Lions Festival of Creativity, with Mumbai-based Medulla Communications bagging the Healthcare Agency of the Year in the Lions Health category – a first for the country. Praful Amit and Akali, former Grey creative chief, front men of the agency, bagged seven Pharma Lions in all: two Golds, two Silvers, and three Bronzes. Their campaign, 'Last Words', for the Indian Association of Palliative Care, hit home. They speak to Anuka Roy about their win, the healthcare advertising scenario in India and what lies ahead.


Marketing
Programmatic Changing The Face Of Online Advertising
Programmatic is an evolution that has changed the face of online advertising. It is an automated software that helps in buying and selling of media in real time without any human intervention that is truly holistic and an impeccable tool for the advertising ecosystem. It ensures that the ads are being directed to the right person.

 



HR
Aditya Birla Group reshuffles top deck
Aditya Birla Group reshuffles  top deck - Economic Times
Dev Bhattacharya, head of strategy, was moved as the head of its new businesses such as defence, new ventures, solar business, payment bank.


HR
Unilever Moves Away from Sexist Advertising
Unilever Moves Away from Sexist  Advertising - Triple Pundit (registration) (blog)
Unilever aims to revamp its advertising campaigns to eliminate gender stereotypes and resonate better with the public.


HR
Skill India needs a Tell India: We need to match skills with real jobs
Skill India  needs a Tell India: We need to match skills with real jobs - Hindustan Times
What the Centre needs is an effective mechanism to ensure that those who deserve jobs under the Skill India mission get them and there is a system to tell who got where – or did not


HR
New FDI norms lead to more jobs in India: TimesJobs
New FDI norms lead to more jobs  in India: TimesJobs - Indiainfoline
The Digital India mission is expected to create over five crore jobs in various sectors. Also, the project will facilitate Training to around 1 crore students for IT sector by 2020. Undoubtedly, Digital India is benefitting working professionals with a host of career opportunities and jobs.



Construction
Rs 779 crore road project bagged by MBL Infra
Rs 779 crore road project  bagged by MBL Infra - ET Realty
During the construction, 40 per cent of the bid project will be funded by NHAI and the balance 60 per cent will be arranged by concessionaire.


Construction
CBDT clarifies that there will be no tax levy if cash payment for goods, services is less than Rs 2 lakh
CBDT clarifies that there will  be no tax levy if cash payment for goods, services is less than Rs 2 lakh - ET Realty
The I-T Dept has been levying 1 per cent TCS on cash purchase of bullion in excess of Rs 2 lakh and jewellery in excess of Rs 5 lakh since July 1, 201..


Construction
L T bags construction jobs worth Rs 2,416 crore in June
L T bags construction jobs  worth Rs 2,416 crore in June - ET Realty
The company said it has bagged the contract from a "leading developer" for construction of two residential buildings in Mumbai.


Construction
JSW Steel gets green nod for Rs 35k-cr Jharkhand plant
JSW Steel gets green nod for Rs  35k-cr Jharkhand plant - ET Realty
As per the proposal, the company will set up a 10 million tonnes per annum (MTPA) capacity integrated steel unit and a 900 mw captive power plant.



Franchise
Employee Retention: What new franchise operators often neglect as they struggle with their fledgling businesses
Employee Retention: What new  franchise operators often neglect as they struggle with their fledgling businesses - Franchising
Retaining employees is an ongoing challenge for new franchisees -- and a key ingredient in building a successful business. After training employees to do their jobs well, the franchisee's goal is to retain them as productive, reliable workers. It costs much more to hire and train replacements than it does to work with current employees to improve their job performance.


Franchise
Let’s take a peek at both sides of the franchising coin
Business-format franchising, according to the British Franchise Association (BFA), is the granting of a licence by one person (the franchisor) to another (the franchisee), which entitles the franchisee to trade under the trade mark/trade name of the franchisor and make use of an entire business package.


Franchise
What can you expect in a franchise application form?
What can you expect in a  franchise application form? - Franchising
Getting to know a little more about you as a prospect is one of the first things franchises are interested in. The initial franchise application process is a screening mechanism by which franchisors begin to determine your interest and qualifications. Today, it is common to find initial franchise application forms on franchisors' websites - but most will be happy to send you one as well. This is a good stepping off point for beginning the communication process. You should not only take this very seriously, but also expect to spend some time gathering the information and completing the application.







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