Thursday, June 9, 2016

June 9, 2016 - Maria Sharapova banned for 2 years after failed dope test

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
What's common between iPhones, Barbies and Petrol? They are all made in China now! Here's something you don't hear every day - "China has become an accidental exporter of fuel," said John Driscoll, chief strategist at JTD Energy Services Pte, who has spent more than 30 years trading crude oil and petroleum in Singapore. "They have overbuilt refining capacity, domestic demand has moderated and the teapots have entered the fray." Full story here


Sports
Maria Sharapova banned for 2 years after failed dope test
Maria Sharapova banned for 2 years after failed  dope test
Maria Sharapova had failed a drug test after the Australian Open held in January 2016.


Sports
Indian cricket team arrives in Zimbabwe for ODI, T20I series
Indian cricket team arrives in Zimbabwe for ODI, T20I series
Indian team will be playing three ODIs and as many T20 Internationals against Zimbabwe between June 11 and 22.


Sports
Euro 2016: Premier League players participation more than any other league
Euro 2016: Premier League players participation more  than any other league
A quarter of the 552 players going to Euro 2016 play in the English leagues, four times than La Liga.


 


Sports
Harsha Bhogle’s column: Cricketers need to open a window to their selves rather than shut it
Harsha Bhogle’s column: Cricketers need to open a window  to their selves rather than shut it
With Rahul Dravid, Kumar Sangakkara and Brendon McCullum, we have heard some wonderful orations and long may it be that way.


Sports
No problems playing against Mohammad Amir but fixers should be banned for life: Alastair Cook
No problems playing against Mohammad Amir but fixers  should be banned for life: Alastair Cook
Mohammad Amir was named in Pakistan's squad for the Test series in England starting next month.


Sports
SAI increases financial aid for shooter Heena Sidhu to Rs 1 crore
SAI increases financial aid for shooter Heena Sidhu to Rs  1 crore
Heena Sidhu secured an Olympic quota in January when she claimed gold in women's 10-m air pistol at Asia Olympic Qualifiers.


Entertainment
Bollywood backs Udta Punjab: ‘To reject a film or not is the audience’s choice’
Bollywood backs Udta Punjab: ‘To reject a film  or not is the audience’s choice’
The Hindi film industry comes together to support Udta Punjab and fight censorship


Entertainment
Aamir Khan all praise for Anil Kapoor’s ’24’
Aamir Khan all praise for Anil Kapoor’s ’24’
Aamir Khan has said he is amazed with the quality of work happening on television with shows like Anil Kapoor's '24'.


Entertainment
S.J Suryah to play baddie in Mahesh Babu’s next
S.J Suryah to play baddie in Mahesh Babu’s next
S.J Suryah will play the antagonist in his yet-untitled Tamil-Telugu bilingual film with Mahesh Babu.


Entertainment
John Legend to write new album, produce TV shows
John Legend to write new album, produce TV shows
John Legend says he is juggling between finishing an album and reading scripts for his TV productions.



Retail
Infibeam's Sachin Dalal to head Rakuten in India
Infibeam's Sachin Dalal to  head Rakuten in India - Economic Times
Sachin Dalal, cofounder of BSE-listed ecommerce firm Infibeam, will spearhead Japanese ecommerce giant Rakutens thrust into Indian shores.

Retail
Amazon's $5 billion investment to take it past combined capital raised by Flipkart, Snapdeal
Amazon's $5 billion  investment to take it past combined capital raised by Flipkart, Snapdeal - Economic Times
The announcement takes total investment commitment in India by Amazon, which is competing with market leader Flipkart for the top spot, to $5 billion.

Retail
How Raymond got its mojo back through CEO Sanjay Behl
How Raymond got its mojo back  through CEO Sanjay Behl - Economic Times
Raymond recently formed a new biz ventures team of seven members. It is exploring several pathways into the future, including introducing women & children apparel.

Retail
BookMyShow seeks to raise $75 million
BookMyShow parent firm Bigtree Entertainment is in talks with US-based Stripes Group which will likely lead the round with $50 million investment


Telecom

Telecom
Founder's Diary: How millennials will change mobile shopping in India
Founder's  Diary: How millennials will change mobile shopping in India - Business Standard
Saahil Goel, CEO & co-founder of Kraftly points out how 11% of millennials in India have shifted to mobile payments and e-wallets


Telecom
Call drops: Trai seeks power to imprison, fine violators
Call drops: Trai seeks power to  imprison, fine violators - Hindustan Times
As per the report for Delhi, Aircel and Vodafone have been using RLT beyond the levels their peers follow.


Telecom
Made in India: IIT Bombay alumnus invents mobile-based microscope, will tend to rural areas
Made in India: IIT Bombay  alumnus invents mobile-based microscope, will tend to rural areas - indiatvnews.com
New Delhi: In a move to address problems faced by people in India’s remote areas in terms of access to health services and equipment,



Politics
Ahead Of Rahul Gandhi's Rumoured Elevation, Congress Is Facing Quite The Exodus
Ahead Of Rahul Gandhi's Rumoured Elevation, Congress Is  Facing Quite The Exodus
NEW DELHI -- The arrival of a new CEO is imminent at a company that has a long and successful history but has been steadily losing marketshare in the recent past. The new CEO will be faced with the ta


Politics
Defiant Pahlaj Nihalani Refuses To Step Down, Says 'Proud To Be Modi's Chamcha'
Defiant Pahlaj Nihalani Refuses To Step Down, Says 'Proud  To Be Modi's Chamcha'
Amid the controversy surrounding Anurag Kashyap’s upcoming film Udta Punjab, Pahlaj Nihalani on Wednesday refused to step down as the Censor Board chief or offer an apology. In fact, he went on


Politics
Sun Temple Is 2000 Years Old? 7 Times Prime Minister Narendra Modi Got His History Wrong
Sun Temple Is 2000 Years Old? 7 Times Prime Minister  Narendra Modi Got His History Wrong
Prime Minister Narendra Modi's grasp of Indian history seems to be getting him into trouble regularly. On Monday, at a ceremony in Washington DC to mark the repatriation of ancient Indian cultural


Politics
This Nostalgic Quora Post By A Former AIR Host Reminds You How Songs Were Dedicated
This Nostalgic Quora Post By A Former AIR Host Reminds You How  Songs Were Dedicated
We all used to wake up to songs on the radio until some years ago. Many of us still do, though change has come in the form of the choice of multiple radio stations, the programming format, the style o



Finance
Brexit biggest risk to global markets since Lehman Brothers
Brexit biggest risk to global  markets since Lehman Brothers - Economic Times
A poll of polls on Sunday showed the leave and remain camps split down the middle at 50/50 compared with 55/45 in favour of remain at the end of May.


Finance
ICICI Bank top management including Chanda Kochhar received average of 15% hike in basic salary
ICICI Bank top management  including Chanda Kochhar received average of 15% hike in basic salary - Economic Times
ICICI Banks net profit plunged 76%, in the quarter ended March 2016, the sharpest y-o-y drop in at least 15 years.


Finance
Lessons from IDBI’s experiment with a bad bank-like structure
Lessons from IDBI’s  experiment with a bad bank-like structure - Livemint
The experience of IDBI Bank will be a useful guide in how to better execute a bank-sponsored stressed asset fund should it be set up


Finance
7 disruptions that could leave a mark on markets
7 disruptions that could leave  a mark on markets - Economic Times
Axis Capital has highlighted seven disruptive trends that can transform several sectors of the Indian economy in this decade like agriculture and defence.



Ecommerce
Vikas Purohit quits mobile wallet and e-commerce firm Paytms upcoming payments bank barely seven months after joining as vice president
Vikas Purohit quits mobile  wallet and e-commerce firm Paytms upcoming payments bank barely seven months after joining as vice president - VCCircle
Vikas Purohit has quit mobile wallet and e-commerce firm Paytm’s upcoming payments bank barely seven months after joining as vice president, a person familiar

Ecommerce
Flipkart and Snapdeal give way, the government is planning the largest e-marketplace for official procurements
Flipkart and Snapdeal give way,  the government is planning the largest e-marketplace for official procurements - YourStory.com
The government has conceptualised an online portal called Government e-marketplace and is expected to allow officials to make routine office purchases.

Ecommerce
Homegrown FMCG major Dabur gearing up for a bigger play in the e-commerce segment in India to tap potential of the fast growing sector
Homegrown FMCG major Dabur  gearing up for a bigger play in the e-commerce segment in India to tap potential of the fast growing sector - Economic Times
The company which has ventured into online cosmetics and beauty products via NewU is also working on another platform DaburUveda.com to enhance its presence.

Ecommerce



Logistics
Airlines to cut fee for extra baggage, instead of Rs 250 to 330 per kg extra, now passengers need only pay Rs 500 per every kg
Airlines to cut fee for extra  baggage, instead of Rs 250 to 330 per kg extra, now passengers need only pay Rs 500 per every  kg - The Hindu
In a major relief to passengers, airlines will be mandated to steeply reduce fees for carrying five-kg extra baggage on flights. The Civil Aviation Ministry will ask the airlines to charge Rs.10


Logistics
GST bill inches towards 2/3rd backing in Rajya Sabha
GST bill inches towards 2/3rd  backing in Rajya Sabha - Times of India
India GST for Beginners by Jayaram Hiregange and Deepak Rao, published by White Falcon Publishing A book that covers the most crucial topic of today’s times in the taxation domain in India. India GST for Beginners by Jayaram Hiregange and Deepak Rao published by White Falcon Publishing has been released worldwide. Goods & Services Tax (GST), …


Logistics
Air India to expand fleet, induct 100 aircraft on lease
Air India to expand fleet,  induct 100 aircraft on lease - Hindu Business Line
Expects operating profit of about ₹800 cr in a couple of years


Logistics
BlackBuck, along with rival Rivigo, are changing India's road transport in their own data-driven ways with truck aggregation
BlackBuck, along with rival  Rivigo, are changing India's road transport in their own data-driven ways with truck aggregation - DEALSTREETASIA
BlackBuck and Rivigo Services are adopting a smarter, data-driven model, which is very different from traditional companies.



Software
Why US companies can't survive without India's IT players' help?
Why US  companies can't survive without India's IT players' help? - Daily News Analysis
US companies can't survive without India's IT players' help: Ravi Shankar Prasad - Prasad asked software exporters not to get "perturbed" too much by the visa issue.


Software
Why e-commerce is a great career opportunity?
Why e-commerce is a great  career opportunity? - Financial Express
India’s growing start-up and e-commerce industry holds tremendous potential for India’s economic growth.


Software
LeEco contests Xiaomi’s claims of having the largest video library in China
LeEco contests  Xiaomi’s claims of having the largest video library in China
Both companies consider India, the worlds fastest growing, an extremely important and strategic market to their global operations.


Software
Xiaomi races ahead of Samsung and Motorola to become top wearable vendor in India
Xiaomi races ahead of Samsung  and Motorola to become top wearable vendor in India
The study by the research firm IDC puts GOQii and Fitbit at second and third positions with 18.1% and 6.2% market share during the in Q1 2016.



Digital
Uber seeks licence in Karnataka under new rules; authorities refuse to accept application
Uber seeks licence in Karnataka  under new rules; authorities refuse to accept application - ET
Cab-hailing firm Uber has applied for a licence to operate in Karnataka under the new rules governing app-based taxi aggregators, but the company hit a roadblock after the state transport authorities refused to accept the application. The San Francisco-based cab aggregator on Tuesday approach


Digital

Digital


HR

HR
Apps That Aim To Give Parents 'Superpowers'
Apps That Aim To Give Parents  'Superpowers' - NPR
A new wave of educational technology focuses on building family connections. Here's a look at two new approaches.


HR
India Isn't Creating Enough of the Right Jobs, Report Says
India Isn't Creating Enough  of the Right Jobs, Report Says - Wall Street Journal (blog)
India may be the world’s fastest-growing major economy, but it isn’t generating enough jobs to get its people off the farm in large numbers.


HR
Top 5 jobs that tech made cool
Top 5 jobs that tech made cool  - Techradar India
A few years ago, not many well-educated youngsters would dream about building a career in laundry service or car cleaning. But there has been a trend of such



Marketing
Online Advertising To Overtake TV By 2020 : PwC
Online Advertising To Overtake  TV By 2020 : PwC - CMO
In addition, the next five years will hold major changes for how people watch TV and video, according to PwC’s annual “Global Entertainment and Media Outlook” report.


Marketing
Amazon announces a further $3 bn investment in India biz : pressure on Flipkart Snapdeal
Amazon announces a further $3  bn investment in India biz : pressure on Flipkart Snapdeal - Medianama
Less than a week after investing Rs 1,350 crore in its India operations, Amazon CEO Jeff Bezos announced that a further $3 billion (about Rs 20,000 crore) will be invested in its India unit, reports Reuters. He also mentioned that Amazon would set up a Web Services Cloud Region in India this yea


Marketing

Marketing


Construction
Property tax hike decision under review in Pune
Property tax hike decision  under review in Pune - ET Realty
"The proposal has been tabled before us. It has been discussed with the elected members. The administration will be consulted before taking a final ca..


Construction
Mamata Banerjee says Smart Cities idea is wrong
Mamata Banerjee says Smart  Cities idea is wrong - ET Realty
Banerjee urged businessmen not to be afraid while implementing development projects and advised them to take legal action if local 'agency' creates di..


Construction
Delhi Metro to pay Rs1 annual rent to DDA
Delhi Metro to pay Rs1 annual  rent to DDA - ET Realty
The decision was taken by the UD ministry last week after several rounds of deliberations.


Construction
Process to get water connection eased by Kolkata civic body
Process to get water connection  eased by Kolkata civic body - ET Realty
This facility will be restricted to the owners of flats which do not cross the specified G + 4 height. Also, these flat owners also need to register t..







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