Saturday, July 2, 2016

July 1, 2016 - Google, Facebook fighting it out for digital dominance in India -- seen as the last big market for Internet companies?

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
In a widely noted study published in 2013, Carl Benedikt Frey and Michael Osborne examined the probability of computerisation for 702 occupations and found that 47% of workers in America had jobs at high risk of potential automation. In particular, they warned that most workers in transport and logistics (such as taxi and delivery drivers) and office support (such as receptionists and security guards) "are likely to be substituted by computer capital", and that many workers in sales and services (such as cashiers, counter and rental clerks, telemarketers and accountants) also faced a high risk of computerisation. They concluded that "recent developments in machine learning will put a substantial share of employment, across a wide range of occupations, at risk in the near future." Subsequent studies put the equivalent figure at 35% of the workforce for Britain (where more people work in creative fields less susceptible to automation) and 49% for Japan. Numbers for India are not available, but it is likely that India will automate less, because of the lower cost and higher availability of low skilled labour.


Digital
Google, Facebook fighting it out for digital dominance in India -- seen as the last big market for Internet companies?
Google, Facebook fighting it  out for digital dominance in India -- seen as the last big market for Internet companies? - Livemint
Google and Facebook are fighting it out for digital dominance in India, seen as the last big market for Internet companies, with a fast-growing user base that’s second only to China’s


taggit

 


Digital
Lab2Moon: Indian space-tech startup launches global competition
Lab2Moon:  Indian space-tech startup launches global competition - Times of India
The group of space entrepreneurs will be able to launch a rover by July 2017 which will take over 20 days to land on the surface of Moon.


Digital
Nasscom to red-flag govt's policy decisions pertaining to e-commerce, uncertainties arising from GST regime
Nasscom to red-flag govt's  policy decisions pertaining to e-commerce, uncertainties arising from GST regime - The Hindu
Repeats 2014 plea for empowered group drawn from affected sectors and govt to spot and set right the problem areas


 


Digital
Sorry, Bangalore: You are not the hottest startup destination in India any more. It's Delhi
Sorry, Bangalore: You are not  the hottest startup destination in India any more. It's Delhi - Quartz
The biggest share of startup investment in India is going elsewhere this year.


Digital

Digital
Indiabulls Housing Finance to invest over Rs 100 crore on technology
Indiabulls Housing Finance to  invest over Rs 100 crore on technology
The company is planning to use technology to be able to provide housing finance to people even in the remotest parts of the country .


Sports
Euro 2016: Portugal reach semi-finals on penalties with win over Poland
Euro 2016: Portugal reach semi-finals on penalties with  win over Poland
Portugal beat Poland 5-3 on penalties after 1-1 in extra time. They will face either Belgium or Wales in the semifinal.


Sports
Anil Kumble sweats out in nets with Team India
Anil Kumble sweats out in nets with Team India
India will play four Test matches in the Caribbean islands. Coach Anil Kumble was seen sweating it out in the nets.


Sports
Mental strength is more important than technique: Ajinkya Rahane
Mental strength is more important than technique: Ajinkya  Rahane
Ajinkya Rahane, the newly appointed Test vice-captain says being mentally strong and focused is crucial.


Sports
Wimbledon 2016: Venus Williams accuses Wimbledon of sex discrimination over court schedule
Wimbledon 2016: Venus Williams accuses Wimbledon of sex  discrimination over court schedule
Venus Williams has demanded equality in the scheduling of the men’s and women’s draw after she played her second round match on Court 18.



Entertainment
Noted classical singer Veena Sahasrabuddhe passes away
Noted classical singer Veena Sahasrabuddhe passes  away
Veena Sahasrabuddhe passed away here following a prolonged illness, family sources said today.


Entertainment
Slaughtering of ‘Bakra’ does not mean Qurbani: Bollywood actor Irrfan Khan
Slaughtering of ‘Bakra’ does not mean Qurbani:  Bollywood actor Irrfan Khan
"The meaning of Qurbani is to sacrifice something which is close to you instead of any goat or sheep which you just buy to sacrifice," said Irrfan.


Entertainment
NCW summons Salman, warns him of action
NCW summons Salman, warns him of action
The NCW warned that if Khan failed to appear before the panel, it would take “appropriate action as it deems fit”.


Entertainment
Cameron says JJ Abrams’ ‘Star Wars’ lacked ‘visual imagination’
Cameron says JJ Abrams’ ‘Star Wars’  lacked ‘visual imagination’
Star Wars: The Force Awakens was the 7th installment in the sci-fiction saga which released in December 2016



Software
How the glamour of startup valuations is hiding the real problems?
How the glamour of startup  valuations is hiding the real problems? - Forbes India
Startups are yet to look seriously beyond India's urban middle-class. And though there are bright entrepreneurial ideas, the pace at which they are implemented is abysmally slow


Software
American Tower Corp and Viom Networks set up virtual team to manage combined operations in India : Legal merger to take over a year to close
American Tower Corp and Viom  Networks set up virtual team to manage combined operations in India : Legal merger to take over a year to close
Khillan has been in ATC for the past year, after resigning as chief technology officer at Sistema Shyam Teleservices, which operated the MTS brand.


Software
Infosys plans to digitise HR processes : Launches internal platform 'Compass' to help employees change job profiles
Infosys plans to digitise HR  processes : Launches internal platform 'Compass' to help employees change job profiles
The platform can be used for networking with like-minded people, allowing employees to leverage existing expertise, experiences within the organisation.


Software
Xiaomi plans expansion in India without the need of exemption from sourcing norms
Xiaomi plans  expansion in India without the need of exemption from sourcing norms
Xiaomi, in April this year, had approached the Department of Industrial Policy and Promotion (DIPP) for opening single brand retail stores in India.



Telecom
The truths I found about dropped calls: who controls what and how much
The truths I  found about dropped calls: who controls what and how much - Economic Times
The low EMF limits imply that the signals emanating from the cell sites are not strong enough to traverse long distances, and hence a larger number of sites are required to ensure coverage in a given location.


Telecom
Sunil Mittal Is Right: India Will See Consolidation In Telecom Sector, But Not Enough
Sunil Mittal Is Right: India  Will See Consolidation In Telecom Sector, But Not Enough - Swarajya
RCom, the country's fourth largest telco by subscribers, is currently offering the 4G services to its CDMA customers, who have opted for the company's..


Telecom
TRAI's Consultation Paper on VoIP can affect mobile TV, IPTV
TRAI's Consultation Paper  on VoIP can affect mobile TV, IPTV - Indiantelevision.com
NEW DELHI: Noting that unified IP based backbone and the benefits associated with the converged telecom access scenario has enabled service providers to launch more and more converged services such as Internet Telephony, IPTV, Mobile TV etc., the Telecom Regulatory Authority of India has sought to know the format of voice over internet telephony (VoIP) in India. | TRAI's Consultation Paper on VoIP can affect mobile TV, IPTV | Indian Television Dot Com



Politics
No mention of reshuffle as PM Modi reviews performance of Cabinet
No mention of reshuffle as PM Modi reviews performance  of Cabinet
Amid talks of a Cabinet reshuffle, Prime Minister Narendra Modi on Thursday reviewed the performance of various ministries in spending budgetary allocations and implementing schemes in the past two years and asked his colleagues to ensure schemes be tailored to benefit masses.


Politics
Amid shaky ties with Sena, BJP’s Mungantiwar meets Thackeray
Amid shaky ties with Sena, BJP’s Mungantiwar  meets Thackeray
Though Mungantiwar stated that Thackeray and BJP are willing to settle old disputes and renew their relationship, the Sena chief said his party will continue to criticise the government's policies which it thinks are not in interest of the people.


Politics
7th Pay Commission: Congress extends support for government employees on strike
7th Pay Commission: Congress extends support  for government employees on strike
Terming the 7th Pay Commission recommendations the worst-ever, the Congress said that the party will support them if they go on strike on the issue in July.


Politics
7th Pay Commission: Employees unions’ call for indefinite strike call on 11 July is unjustified
7th Pay Commission: Employees unions’ call for  indefinite strike call on 11 July is unjustified
Various trade union leaders have claimed that 33 lakh central government employees have rejected Modi government’s overall 23.5 percent pay hike bonanza based on Seventh Pay Commission recommendations and would go on indefinite strike from 6 am, 11 July.



Logistics
India's ports brace for new rule on weighing containers, aimed at speeding up the process and leading to huge time savings
India's ports brace for new  rule on weighing containers, aimed at speeding up the process and leading to huge time savings - Livemint
The global rule, starting 1 July, mandates shippers to verify and declare the weight of a container before loading it on a ship for export


Logistics
India eyes role for itself at Oman's strategic Duqm port
India eyes role for itself at  Oman's strategic Duqm port - Economic Times
The Sultanate of Oman is currently developing Duqm port along with Special Economic Zone as a regional economic hub.


Logistics
New boss for ailing Malaysia Airlines, Peter Bellew, currently is the airlines COO, formerly with Ryan Air
New boss for ailing Malaysia  Airlines, Peter Bellew, currently is the airlines COO, formerly with Ryan Air - Times of India
Kuala Lumpur, June 30, 2016 (AFP) -Malaysia Airlines, which has been struggling since twin disasters in 2014, has appointed a new CEO following the resignation of a troubleshooter brought in to turn around the ailing carrier.


Logistics


Finance
Rajan now bats for longer term for RBI Governor, says 3-year stint too short
Rajan now bats  for longer term for RBI Governor, says 3-year stint too short - Economic Times
Just a fortnight back, Rajan announced his decision to not take up a second term at the central bank and return to academia, setting off a storm in financial markets.


Finance
SBI has enough talent to replace me: Arundhati Bhattacharya on extension
SBI has enough  talent to replace me: Arundhati Bhattacharya on extension - Economic Times
Her name is also doing the rounds in the list of probable candidates as the next Reserve Bank Governor after incumbent Raghuram Rajan's term ends on September 4.


Finance

Finance
Exit pangs for old BSE brokers as IPO draws near
Exit pangs for old BSE brokers  as IPO draws near - Livemint
BSE’s oldest shareholders are reluctant to pare their holding and participate in the offer for sale



Retail
Flipkart remains India's most popular e-commerce brand
Flipkart marginally ahead of Amazon, while Snapdeal comes in a distant third, based on the RedSeer E-tailing Leadership Index

Retail
24x7 law may boost retail jobs by 50%
Job creation is set to get a boost with the approval of the Model Shops and Establishment (regulation of employment and condition of services) Bill, which allows shops to remain open 24x7. Hiring experts said the bill, if adopted by states, could lead to a 10% growth in jobs.

Retail
Future eyes new innovations; for Raymond online is critical play
Future eyes new innovations;  for Raymond online is critical play - Moneycontrol.com
Speaking to CNBC-TV18 Rakesh Biyani of Future Enterprises said the maximum jobs are created in the services sector. He went on to talk about the Model Shop & Establishment Act that got cleared by the Cabinet yesterday.

Retail
Provogue to Shoppers Stop, here's what made retail stocks soar
Provogue to  Shoppers Stop, here's what made retail stocks soar - Financial Express
Shares of eateries, entertainment and retail establishments gained anywhere between 3% and 10% on Wednesday following the Union Cabinet’s approval of the Model Shop & Establishment Bill


Marketing
Mobile and Millennials : 2016 Marketing Trends and How They Affect Your Strategy
Mobile and  Millennials : 2016 Marketing Trends and How They Affect Your Strategy - Business.com
How business owners can take advantage of the opportunities found in the 2016 Internet Trends Report.


Marketing
All Eyeballs on Reader Reaction as Ad-Blocking War Comes to India : Report
All Eyeballs on  Reader Reaction as Ad-Blocking War Comes to India : Report - The Wire
ToI and HT are a part of the group of offenders when it comes to intrusive online ads. How will the ad-blocking wars play out in India?


Marketing
Housing.com bets on advertising dollars from the real estate industry : Report
Housing.com  bets on advertising dollars from the real estate industry : Report - Indiantelevision.com
MUMBAI: Earlier in May, real estate portal Housing.com had stirred up the market after announcing a 200 percent revenue growth month-on-month with a target to hit USD 10 million by the end of this financial year. For those who have been following the company’s progress since its inception in 2012, the figures show a great improvement since the start-up’s nationwide launch in 2015. | Housing.com bets on advertising dollars from the real estate industry | Indian Television Dot Com


Marketing
Direct Marketing: Staying Up with the Trends
Each year, the Direct Marketing Association (DMA) compiles hundreds of relevant industry stats and facts for publication in its Statistical Fact Book. The publication culls stats from over 60 leading research sources and marketing

 



Ecommerce
Grofers to lay off 10% of staff, revokes job offers; Customer support and content team will take the biggest hit
Customer support and content team will take the biggest hit; move driven by ‘general slowdown in activity’

Ecommerce
ShopClues achieves milestone with half a million sellers on platform
ShopClues' IndiMarket, which showcases area-specific artworks of 8 states and 21 cities of India, will add to the regional representation of the entir..

Ecommerce
Cisco launches start-up initiative LaunchPad; initially to focus on manufacturing, retail, transportation, education and healthcare sectors
The applications for LaunchPad are now open for start-ups and will initially focus on manufacturing, retail, transportation, education and healthcare sectors

Ecommerce
Its war between foreign Uber and local Ola in India
Ola’s chief operating officer Pranay Jivrajka in a blog wrote about how compliant Ola has been with Indian laws at huge cost to the firm, and questioned ‘the’ competitor’s compliance record


HR
Tourism can support 46 mn jobs in India by 2025: Verma
New Delhi, Jun 29 () Travel and tourism sector in India has the potential to grow much faster and support 46 million jobs by 2025, provided the right investments and policies continue to be implemented, US Ambassador Richard Verma said today.


HR
WEF exposes the great Indian gap between education and jobs
WEF exposes the great Indian  gap between education and jobs - Financial Express
India being placed at a poor 105 out of 130 nations in the WEF human capital index ranking clearly shows that the educational system is out of tune with the job market. The government must change its education policy to fill this gap with the help of the digital revolution.


HR
Indian-origin Deputy Mayor says saving London jobs his priority
The man appointed as Deputy Mayor for business in London says his primary responsibility will be to safeguard jobs through the Brexit fallout.


HR
Seagate to cut 1600 jobs in restructuring plan
Seagate to cut 1600 jobs in  restructuring plan - India Today
Seagate, which has about 52,000 employees worldwide, had said in September it would cut 1,050 jobs.



Construction
Rs 50-crore ‘jewellery park’ set to come up in Mumbai in bid to boost exports
Rs 50-crore ‘jewellery  park’ set to come up in Mumbai in bid to boost exports - ET Realty
The initiative comes at a time when India’s jewellery sector faces a crisis of skilled labour, inadequate infrastructure and lack of technology.


Construction
Dehradun nagar nigam approves smart city proposal, earmarks Rs 1.5 crore
Dehradun nagar  nigam approves smart city proposal, earmarks Rs 1.5 crore - ET Realty
The nigam has also decided to allot half an acre of land for a hospital to Maharaja Agrasen Charitable Trust which will cater to the financially weake..


Construction
Bilaspur's Rs 4,500 crore Smart City plan gets nod amid Cong opposition
Bilaspur's  Rs 4,500 crore Smart City plan gets nod amid Cong opposition - ET Realty
Ashok Vidhani justified increasing project by Rs 1,000 crore on the grounds that while state capital Raipur had forwarded a plan for developing smart ..


Construction
Headless Chennai devpt body leaves builders worried
Headless Chennai devpt body  leaves builders worried - ET Realty
With all the top posts in CMDA vacant, the construction industry is worried about the repercussions.



Franchise
Master the fundamentals with the help of your franchisor and field support rep
Master the  fundamentals with the help of your franchisor and field support rep - Franchising
Now that you have your franchise unit up and running, how do you keep it from stumbling during its first months and years? After all, most small businesses need time to learn the ropes and turn a profit. That's where franchisor support comes in. Your franchisor wants you to succeed, and has allocated corporate resources and specialists to provide you with help beyond the initial training you've received in the operating system, financial management, and any technical aspects required to run the business. It goes beyond the lessons in how to hire, train, and retain employees. You cannot run a successful operation without competence in all of these areas, but there's more to support than this.


Franchise
Selecting the perfect site for your franchise
Selecting the perfect site for  your franchise - Franchising
How can you talk about site selection without mentioning







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