Sunday, July 3, 2016

July 2, 2016 - Google, Facebook fighting it out for digital dominance in India -- seen as the last big market for Internet companies?

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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




/ArchivesArchives
India jumps 19 places in World Bank's logistics performance index, is at 75% of Germany in International Supply Chain efficiency
India jumps 19 places in World  Bank's logistics performance index, is at 75% of Germany in International Supply Chain efficiency - Livemint
The World Bank in its latest Logistics Performance Index (LPI) said India is now ranked 35th as against the 54th spot it occupied in the previous 2014 report.




/Politics /SportsArchives
‘Run machine’ Virat Kohli reflects on his road to fitness
‘Run machine’ Virat Kohli reflects on his road to  fitness
Virat Kohli has worked immensely on his fitness, especially strength, and the results of that are quite visible.


/PoliticsArchives
Dear PM Modi, It's Not Just You, We Are All Scared Of Cracking Jokes
Dear PM Modi, It's Not Just You, We Are All Scared  Of Cracking Jokes
On Monday, Prime Minister Narendra Modi said he is scared of cracking jokes now. Detractors may have rolled their eyes and chortled, 'but you just did', it doesn't change the fact that the prime minis


/SportsArchives
There is absolutely no conflict of interest, says India’s coach Anil Kumble
There is absolutely no conflict of interest, says India’s  coach Anil Kumble
Anil Kumble said as coach his main aim would be to see Indian team excel in all formats and in all conditions.


/EntertainmentArchives
Sanjay Dutt’s comeback film delayed
Sanjay Dutt’s comeback film delayed
Sanjay Dutt's comeback vehicle has been delayed as the makers are yet to lock the script and the leading lady.


/EntertainmentArchives
Madhuri Dixit turns singer on reality show
Madhuri Dixit turns singer on reality show
Madhuri Dixit surprised everyone with her singing on a reality show.


/PoliticsArchives
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.


/DigitalArchives
Budget hotel aggregator FabHotels raises $8 million in Series A funding
Budget hotel  aggregator FabHotels raises $8 million in Series A funding
Gurgaon based Casa2 Stays Pvt. Ltd that operates budget hotel aggregator FabHotels has raised $8 million (Rs  54.3 crore) in a Series A round of funding from a group of investors including existing investors Accel Partners and Qualcomm Ventures, Mint reported, citing a company executive. RB I




/TelecomArchives
India accelerates to 4G
India accelerates to 4G - Warc

NEW DELHI: The Indian smartphone market is rapidly transitioning to 4G handsets even though it may be some time before the relevant network technology is available across the country.



/TelecomArchives
Tata Communications to sell subsidiary Neotel
Tata Communications has struck a Rs 2,900 crore (6.55 billion South African rand) deal with Liquid Telecom Group to sell off its South African telecom unit, Neotel to reduce its debt. Tata Communications has an accumulated net debt of Rs 10,000 crore.

 


/FranchiseArchives
When it’s time for you to sign on with a franchise
When it’s time for you to  sign on with a franchise - Franchising
You've done your research, you've assessed your own strengths and weaknesses, you've thoroughly evaluated the franchise companies that were a potential match for you, you've got your financing lined up, you've even jumped through a few hoops along the way, now comes the moment of decision. When it's time to commit and move forward with a franchise, you will be required to officially sign on. It's a big day and is often - but not always - marked by a Discovery Day held by the franchisor. Discovery Days are often meant to serve as final meetings that are typically held at the franchisor's headquarters or other corporate facility. Often, the franchisor will cover some or all of the costs of the incoming franchisee. After all, at this point, you've both been in regular contact and things look pretty serious. These events are usually fun, informal, and characterized by high energy and positive words. It's a final chance to talk one-on-one and, if both sides are in agreement, sign on with the franchise. But keep in mind that you are not obligated to


/RetailArchives
Single brand retail: 'Cutting-edge' products out of DIPP purview
Final call to be taken by FIPB after ministries make recommendation

/SportsArchives
France 2-1 Ireland, Euro 2016: As it happened
France 2-1 Ireland, Euro 2016: As it happened
Two second half goals by Antoine Griezmann ensure France continue their march in Euro 2016 with a 2-1 win over Republic of Ireland.


/SportsArchives
Euro 2016: Germany’s Jerome Boateng confident of being fit for quarter-final
Euro 2016: Germany’s Jerome Boateng confident of  being fit for quarter-final
Jerome Boateng, who got injured in Germany's final group match against Northern Ireland, scored the opener for Germany.


/FinanceArchives
SBI to divest non-core assets to rake in Rs3,000 crore
SBI to divest non-core assets  to rake in Rs3,000 crore - Livemint
SBI chief Arundhati Bhattacharya says asset quality pressures accelerated during 2015-16 due to continued stress in the economy, declining commodity prices and two successive drought years




/EcommerceArchives
Uber seeks to double its India workforce to 1000
Uber seeks to double its India  workforce to 1000 - Livemint
Online taxi firm Uber went from a headcount of 150 in early 2015 to 500 by the end of the year, and is keeping up the pace to catch up with larger rival Ola




/Ecommerce /HRArchives
More jobs, entrepreneurship opportunities needed to promote women empowerment: ASSOCHAM
More jobs,  entrepreneurship opportunities needed to promote women empowerment: ASSOCHAM - Financial Express
There is an urgent need to create more jobs and entrepreneurship opportunities to promote women empowerment thereby making them economically independent...




/RetailArchives
Trent plans to raise up to Rs 300 cr, stock split in 1:10
New Delhi, Jun 28 () Tata group's retail firm Trent Ltd plans to raise up to Rs 300 crore via issue of non-convertible debentures on private placement basis and is also gearing up for a stock split by dividing each of its existing shares into ten new ones.

/SportsArchives
From president Mauricio Macri to social media, Argentina wants Lionel Messi back
From president Mauricio Macri to social media, Argentina  wants Lionel Messi back
Lionel Messi retired from international football following the loss to Chile in the Copa America final for the consecutive year.


/TelecomArchives
China makes rules stricter for mobile app developers
China makes rules stricter for  mobile app developers - Times of India
China has tightened rules for mobile app developers including requiring real-name registration and preserving users' activity logs, the country's internet regulator said on Tuesday, as Beijing looks to strengthen oversight of the growing app market.


/FinanceArchives

/PoliticsArchives
Show Interest In Yoga Or Pay A Fine: IIT Roorkee's Notice To Students
Show Interest In Yoga Or Pay A Fine: IIT Roorkee's Notice To  Students
In addition to their classes and assignments, students at IIT Roorkee are facing another challenge. If they didn't show any interest in yoga, they will have to face strict action which includes paying


/ArchivesArchives
Scam ads and awards : an addiction with no fix
In the wake of some dodgy work being rewarded at Cannes, the old debate about scam ads has cropped up again. It is no secret that many agencies (barring a handful) actively seek to create work meant for awards. Such …


 


/TelecomArchives
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.


/RetailArchives
Spencer's Retail MD Mohit Kampani quits
The industry buzz is that Kampani decided to move on as he was not able to perform independently and had differences of opinion with the promoters.

/EcommerceArchives
Flipkart ties up with Royal Enfield to sell gear and accessories
E-commerce marketplace, Flipkart has tied up exclusively with luxury motorcycle brand, Royal Enfield, to sell its complete range of gear and accessories.



/TelecomArchives
Mobile Wallets in India Threatened by E-Commerce, Social Apps: Norton Mobile Survey
Mobile  Wallets in India Threatened by E-Commerce, Social Apps: Norton Mobile Survey - NDTV
Here’s a piece of good news. There are over 10.8 million apps in over 200 app


/EcommerceArchives
Security of mobile wallets under threat by online shopping and social network: Norton report
Security of mobile wallets  under threat by online shopping and social network: Norton report - indiatvnews.com
There are over 1.08 crores apps in over 200 app stores to improve our productivity but one third of them come with malware. Read more on India TV News



/TelecomArchives
Excessive use of electronic gadgets including mobile phones makes ageing faster
Excessive use  of electronic gadgets including mobile phones makes ageing faster - India Live Today
New Delhi, June 26: Excessive use of electronic gadgets, including mobile phones and tablets, can cause “tech neck” that leads to early signs of ageing, health experts have warned. According to experts, “tech neck”, which leads to sagging skin, dropping jowls, and creases above the clavicle, seriously affects facial looks of the person by causing frown …


/EcommerceArchives
GST: Flipkart concerned over clause on tax collection at source
GST: Flipkart concerned over  clause on tax collection at source - Economic Times
Flipkart had earlier said that the said clause would prove detrimental to lakhs of small and medium sellers who do business on e-commerce platforms.



/HRArchives
Freedom 251 deliveries delayed again, CEO seeks meeting with PM Narendra Modi
Noida, June 29 (IANS) The delivery of the world's cheapest smartphone at Rs 251 (less than $4) will finally begin from July 7 and not June 30 as was announced earlier, its makers said on Wednesdday, adding that they are trying to meet Prime Minister Narendra Modi for garnering his support under the Make in India initiative.




/EcommerceArchives
PayPal launches programme to protect merchants from fraud
Digital payments platform PayPal on Wednesday announced the launch of its "Seller Protection Programme for Intangibles" -- an expansion of its existing seller protection programme that earlier only covered merchants selling tangible goods like handicrafts, fashion and art.



/SoftwareArchives
Chinese & Korean smartphone companies and contract manufacturers look at sourcing from India
Chinese & Korean smartphone  companies and contract manufacturers look at sourcing from India
The move has prompted global contract manufacturers such as Taiwan's Foxconn and Wistron to make India a base, as smartphone sales are growing at a rapid pace.




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