Monday, August 22, 2016

August 22, 2016 - Neymar crowned samba king as hosts end on a high

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Blog
Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Jim Collins (author of 'Good to Great') and his team started with 1435 good companies and narrowed it down to 11 great companies that beat the markets by a factor of over 3:1 over a period of 15 years. Companies that make the change from good to great have no name for their transformation - and absolutely no program. They neither rant nor rave about a crisis - and they don't manufacture one where none exists. They don't "motivate" people - their people are self-motivated. There's no evidence of a connection between money and change mastery. And fear doesn't drive change - but it does perpetuate mediocrity. In each of these dramatic, remarkable, good-to-great corporate transformations, we found the same thing: There was no miracle moment. Instead, a down-to-earth, pragmatic, committed-to-excellence process-a framework-kept each company, its leaders, and its people on track for the long haul. In each case, it was the triumph of the Flywheel Effect over the Doom Loop, the victory of steadfast discipline over the quick fix.

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Sports
Neymar crowned samba king as hosts end on a high
Neymar crowned samba king as hosts end on a high
Neymar sent Brazil into ecstasy as he clinched football gold and Mo Farah sealed a rare distance double in a pulsating final evening of track action.


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Sports
How India athletes performed at Rio 2016 Olympics
How India athletes performed at Rio 2016 Olympics
PV Sindhu, Sakshi Malik, Dipa Karmakar became the redeemers at the Rio Olympics as India concluded its campaign with some good, bad and ugly memories.


Sports
US rout Serbia for third straight basketball gold
US rout Serbia for third straight basketball gold
USA pounded Serbia 96-66 to claim a third straight Olympic men's basketball title to give coach Mike Krzyzewski a golden send-off.


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Sports
Denmark beat France to win first gold in handball
Denmark beat France to win first gold in handball
Denmark won their first gold medal in men's handball overcoming France to win 28-26 in a thrilling Olympic final.


Sports
Scrap The Sports Ministry: To succeed at Olympics, India must emulate the most successful sporting countries
Scrap The Sports Ministry: To  succeed at Olympics, India must emulate the most successful sporting countries
The power of sport was evident in the success of P V Sindhu and Sakshi Malik – and in no small measure, Dipa Karmakar – at the Rio Olympics. As they competed for a medal...


Sports
Zinedine Zidane delighted with Gareth Bale, Marco Asensio after comfortable win
Zinedine Zidane delighted with Gareth Bale, Marco Asensio after  comfortable win
Zinedine Zidane praised his two goalscorers Gareth Bale and Marco Asensio after Real Madrid beat Real Sociedad 3-0.


Entertainment
Rajinikanth heaps praise on P. V. Sindhu
Rajinikanth heaps praise on P. V. Sindhu
Rajinikanth has showered praise on Indian shuttler P.V. Sindhu, who ended her Rio 2016 Olympic campaign by winning a silver medal in the women's singles badminton event.


Entertainment
Abhishek Bachchan, Aishwarya Rai Bachchan not part of Sarkaar 3: Ram Gopal Varma
Abhishek Bachchan, Aishwarya Rai Bachchan not part of  Sarkaar 3: Ram Gopal Varma
Ram Gopal Varma says actors Abhishek Bachchan and Aishwarya Rai, who starred in Sarkaar Raj, will not return for the third installment of the film.


Entertainment
Response to Quantico in India was overwhelming, says Priyanka Chopra
Response to Quantico in India was overwhelming, says  Priyanka Chopra
Priyanka Chopra, who is scaling new heights internationally, is overwhelmed with the positive response to her Quantico American drama series.


Entertainment
Portrayal of homosexuality in Indian films regressive: Shakun Batra
Portrayal of homosexuality in Indian films  regressive: Shakun Batra
Shakun Batra says has tried to break the stereotypes of homosexuality with "Kapoor & Sons".



Retail
Desi restaurants going overseas to cater not just to diaspora but to global audience
Desi  restaurants going overseas to cater not just to diaspora but to global audience - Economic Times
Indian cuisine is becoming more contemporary and the players are fine-tuning their approach in terms of taste, flavour and presentation to cater to a wider consumer base.

Retail
Where hijab meets the high-street: Modest fashion has reached Indian shores
Where hijab  meets the high-street: Modest fashion has reached Indian shores - Hindustan Times
Hindustan Times
The Burkini first hit the headlines in 2011, when celebrity chef Nigella Lawson was photographed wearing one on an Australian beach, an incident dubbed by the tabloid press as 'the great cover up'. Cut to March 2016: British retail giant, Marks and ...

Retail
Future group to take Nilgiris supermarket store count to 1000
Future group to take Nilgiris  supermarket store count to 1000 - Economic Times
The group, which had acquired the Bengaluru-based chain in 2014, is also launching new products in bakery and is strengthening its portfolio.

Retail
Nykaa.com to raise Rs 80 crore, aims to double sales by FY18
Nykaa.com to raise Rs 80 crore,  aims to double sales by FY18 - Economic Times
Online beauty retailer is also looking at omni-channel presence to achieve growth targets and plans to open about 26 more retail outlets by 2020.


Telecom
4G battle: Mukesh Ambani meets Trai, DoT officials
4G battle: Mukesh Ambani meets  Trai, DoT officials - Times of India
The availability of Reliance Jio 4G Preview scheme has eventually been extended to the general public.


Telecom
ISP body to approach DoT, Telecom Min over spectrum levy
ISP body to approach DoT,  Telecom Min over spectrum levy - The Indian Express
Companies offering Internet services include names like Tikona, Bharti Airtel, Reliance Communications and Tata Communications.


Telecom
GST: Smartphone makers seek continuation of 'Make in India' sops
GST: Smartphone  makers seek continuation of 'Make in India' sops - Times of India
Mobile phone makers have proposed nil or 1% Central GST and State GST at merit rate of 5% on all phones and tablets, whether imported or made locally.


Telecom
​ Spectrum auction to witness heavy demand for 4G bands
​ Spectrum auction to  witness heavy demand for 4G bands - Economic Times
Experts expect the Indian unit of UKs Vodafone Group Plc to maximise spectrum purchases in the 1800 MHz band to have enough to launch 4G in all key markets.



Politics

Politics

Politics
Why We Need a Press Freedom Bill, Even Though the Government May Not Want One
Why  We Need a Press Freedom Bill, Even Though the Government May Not Want One
A reappraisal of the current situation must begin with the simple assumption that in our democracy, the freedom of the news media is an end in itself.


Politics
Congress’ mindless attacks on Narendra Modi reflect party’s intellectual emptiness
Congress’ mindless attacks on  Narendra Modi reflect party’s intellectual emptiness
Prime Minister Narendra Modi, for a change, was less than direct in his attack on the Congress when he said on Thursday that post-1947, the BJP was subjected to treatment far worse than what the Congress endured during British rule



Logistics
GST ratification: Arunachal cabinet approves the bill in a special assembly session
GST ratification: Arunachal  cabinet approves the bill in a special assembly session - The Indian Express
The Cabinet meeting presided over by Chief Minister Pema Khandu in Itanagar on Saturday approved summoning of the special session.


Logistics
Gems and jewellery industry top priority of GST council
Gems and jewellery industry top  priority of GST council - Times of India
"We will make all efforts to ensure that the inflation rate does not cross 6 per cent limit," MOS Finance Arjun Ram Meghwal, while terming the GST as consumer friendly.


Logistics
Industry raises GST concerns, seeks some modifications an clarifications regarding input tax credit and discounts
Industry raises GST concerns,  seeks some modifications an clarifications regarding input tax credit and discounts - Times of India
Under a "destination-based" rather than "production-based" tax, consumers are only responsible for the tax levied by the last actor in the supply chain.


Logistics
India: Govt ports set for rate wars with private ports as new rules kick in, ports have won rate hikes from regulator, some more than 100%
Five of the 12 ports owned by the Union government have recently won large rate hikes from the rate regulator, some in excess of 100%, after putting up with low



Digital
After Astro pullout AskMe shuts down, lays off 4000 employees
Major investor Astro threatens audit of parent firm Getit


Digital
Beauty products e-tailer Nykaa.com to raise Rs 80 crore, aims to double sales by FY18
Beauty products e-tailer  Nykaa.com to raise Rs 80 crore, aims to double sales by FY18
Online beauty retailer is also looking at omni-channel presence to achieve growth targets and plans to open about 26 more retail outlets by 2020.


Digital
Turbulence in India's tech startup ecosystem? Four food-tech aggregators shut shop
Turbulence in India's tech  startup ecosystem? Four food-tech aggregators shut shop
All these startups were aggregators that networked with home chefs to deliver food to customers who ordered through apps or websites.


Digital


Marketing
Viral content can beat Facebook at its own game
Viral content can beat Facebook  at its own game - Linkedin
With more eyeballs diverting to social media, the news-feeds are getting chaotic, and getting your content the attention it deserves has become challenging. ‘Viral’ has become a bigger buzz word, and


Marketing
Will Sakshi be able to break gender stereotypes of Indian advertising? : Report
Will Sakshi be  able to break gender stereotypes of Indian advertising? : Report - Times of India
Till the time Sindhu, Sakshi Malik and Dipa Karmakar have visibility both on YouTube and social media, a lot of action is expected to happen in the advertising field.


Marketing
Patanjali tries patriotism as marketing strategy : likens rivals to British east India company
Patanjali tries patriotism as  marketing strategy : likens rivals to British east India company  - Scroll.in
The last time there was a campaign for using 'swadeshi' goods only, India was fighting for independence.


Marketing
India through the prism of advertisements : Report
India through the prism of  advertisements : Report - The New Indian Express
Ambi Parameswaran has had a rich marketing, sales and advertising career, and is a brand strategist, author and columnist. Before commenting on the book, a sent...



HR
Big Data, Automation Will Create New IT Jobs: Nasscom
Big Data, Automation Will  Create New IT Jobs: Nasscom - NDTV
Nasscom President R Chandrashekhar says technology has always ended up creating more jobs than it destroys.


HR
Jobs in entrepreneurial companies not for life: Vedanta CEO Tom Albanese
Jobs in  entrepreneurial companies not for life: Vedanta CEO Tom Albanese - Zee News
With three CEOs quitting since it took over oil producer Cairn India, mining mogul Anil Agarwal's Vedanta Ltd has defended the high turnover, saying jobs in entrepreneurial companies are not for life and is based on what people can do for the company in future.


HR
Marching ahead with academia
Marching ahead with academia -  The Hindu
The Indian Army is on a ‘Make in India’ drive to modernise and indigenise its infrastructure capabilities. In order to achieve this, it is trying to put in place a problem definition document which wi


HR
'Teach in IITs' fairs to attract faculty members from foreign Universities
'Teach in  IITs' fairs to attract faculty members from foreign Universities - Economic Times
Javadekar has proposed the fairs on the lines of international education fairs across major global education centres to attract the best of faculty.



Software
Infosys cuts 500 jobs after poor Q1 show and losing major contract
Infosys cuts 500 jobs after  poor Q1 show and losing major contract - The Indian Express
Last week, employment of 500 staffers was terminated for non-performance.


Software
E-commerce site AskMe shuts down and lays off thousands of employees
E-commerce site AskMe shuts  down and lays off thousands of employees
AskMe wrote to the Ministry of Corporate Affairs and RoC, asking them to ensure that Astro Holdings does not exit the country without meeting its liabilities.


Software
Facebook launches ‘teenagers-only’ video diary and social network app called Lifestage
Facebook launches  ‘teenagers-only’ video diary and social network app called Lifestage
Read reviews, compare customer ratings, see screenshots, and learn more about Lifestage. Download Lifestage and enjoy it on your iPhone, iPad, and iPod touch.


Software
US tech giant Apple simplifying the brand : No more Apple Store, it is now simply ‘Apple’
US tech giant Apple simplifying  the brand : No more Apple Store, it is now simply ‘Apple’
Apple appears to be making a slight branding change to its retail business, dropping the "Store" moniker when referring to its Apple Store...



Franchise
This festive season, confectioneries to cost more on back of higher sugar prices
This festive  season, confectioneries to cost more on back of higher sugar prices - Economic Times
The higher sugar price is spilling over into candies, sauce, jam, jelly and ice cream, making them costlier as well.



Finance
Where is the money, honey? Why NCDs make a compelling case
Where is the money, honey? Why  NCDs make a compelling case - Economic Times
Compared with (FY) 2008-09, the number of companies offering NCDs and the total base issue size have grown nearly 20 times in last three to four years.


Finance
Urjit Patel replaces Raghuram Rajan as RBI Governor
Urjit Patel replaces Raghuram  Rajan as RBI Governor - The Indian Express
AS MUCH as the financial markets they seek to influence, central banks need the confidence of investors to function. So uncertainty over their leadership and questions about their independence are seldom welcome.


Finance
PSU banks' boards: Centre against withdrawing RBI nominee directors
PSU banks'  boards: Centre against withdrawing RBI nominee directors - The Indian Express
Governor Rajan had called for the move to give more decision-making powers to the banks’ boards.


Finance
Expect bank clean-up to continue under Patel: Moody's
Expect bank clean-up to  continue under Patel: Moody's - Times of India
One of the biggest challenges for India's incoming central bank chief is a problem he and his predecessor have long grappled with - how to spur stubborn state banks to cut borrowing costs more aggressively to boost the economy.



Construction
Plots in Delhi-Mumbai Industrial Corridor township may go on sale by year end
Plots in  Delhi-Mumbai Industrial Corridor township may go on sale by year end - ET Realty
The officials conducted a detailed inspection of the site besides reviewing the design phase of the project, which is now complete.


Construction
Salim Khan accepted land status, others didn’t
Salim Khan accepted land  status, others didn’t - ET Realty
It means Khan has admitted that the land in Panvel is a restored private forest land.


Construction
Naveen Patnaik demands for inquiry into Gopinath Gajapati property transactions
Naveen Patnaik  demands for inquiry into Gopinath Gajapati property transactions - ET Realty
Kalyani recently wrote a letter to Patnaik mentioning that if anyone found guilty should be punished as per law.


Construction
Surat Metropolitan Region asks to set-up IT parks and SEZ in Surat
Surat Metropolitan Region asks  to set-up IT parks and SEZ in Surat - ET Realty
The group members met Prasad during his visit in the city at Taj Gateway on Saturday during the inauguration of the incubation centre of the Software ..



Ecommerce
Flipkart launches F-Assured to take on Amazon Prime; aims to offer a large part deliveries within two to four days
Binny Bansal in an interview with TOI said, that the company was focusing more on net promoter score and other metrics which focus primarily on improv..

Ecommerce
Getit Infoservices freezes operation of its ecommerce websites; AENL to appoint a forensic auditor to review Getit's books
Getit, which now owns AskMe, has been tottering financially following a feud between its owner, Astro, and its minority shareholders.

Ecommerce
Wal-Mart shows interest in opening retail food chains in India: Food secretary Avinash Srivastava
Firm’s interest comes after govt allowed 100% FDI in sector; move may boost food industry, farm incomes, jobs

Ecommerce
Government asks online retailers to strictly comply with the e-commerce guidelines following complaints by offline players
During a recent meeting, it was made clear to online companies that they can not announce any kind of sale discounts and if they are giving ads, then it should clearly mention that those discounts are extended by their vendors and brand owners only






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