Saturday, August 6, 2016

August 6, 2016 - Shiva Thapa faces defending champion at Rio 2016 Olympics, others have it tough too

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Sports
Shiva Thapa faces defending champion at Rio 2016 Olympics, others have it tough too
Shiva Thapa faces defending champion at Rio 2016 Olympics, others  have it tough too
Shiva Thapa will have to overcome defending Olympics and former World Champion Robeisy Ramirez of Cuba in his first round encounter.


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Sports
Leander Paes-Rohan Bopanna to open Rio 2016 Olympics campaign against Lukasz Kubot-Marcin Matkowski
Leander Paes-Rohan Bopanna to open Rio 2016 Olympics campaign  against Lukasz Kubot-Marcin Matkowski
In the women's doubles event, Sania Mirza and Prarthana Thombare will be up against Chinese pair of Peng Shuai and Shuai Zhang.


Sports
India vs West Indies: Best friends Jason Holder, Roston Chase turn escape artists
India vs West Indies: Best friends Jason Holder, Roston Chase  turn escape artists
West Indies captain Jason Holder & Roston Chase eked out 244-run stand for 7th wicket to deny India a win in Jamaica.


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Sports
Rangana Herath becomes second Sri Lankan to claim Test hat-trick
Rangana Herath becomes second Sri Lankan to claim Test hat-trick
Rangana Herath claimed a hattrick against Australia at Galle after dismissing Adam Voges, Peter Nevill and Mitchell Starc on a consecutive deliveries.


Sports

Sports
Rio Olympics Opening Ceremony 2016: Indian archery team to give opening ceremony a miss
Rio Olympics Opening Ceremony 2016: Indian archery team to give  opening ceremony a miss
Archers will begin their campaign with the men's individual and team ranking rounds slated for morning with women scheduled for later.


Entertainment
Anushka is Alizeh Khan in Karan Johar’s Ae Dil Hai Mushkil, reveals her look
Anushka is Alizeh Khan in Karan  Johar’s Ae Dil Hai Mushkil, reveals her look
Anushka Sharma plays Alizeh Khan in Karan Johar's Ae Dil Hai Mushkil. Karan earlier shared a picture with Anushka as she wrapped the film.


Entertainment
After multiple face-offs with censor board, Anurag Kashyap to give a masterclass on censorship
After multiple face-offs with censor board, Anurag  Kashyap to give a masterclass on censorship
Anurag Kashyap is set to deliver a master class on censorship to students and cinema lovers alike in Australia.


Entertainment
Kishore Kumar gets a musical tribute from Shekhar Ravjiani, Shaan, Neeti Mohan on birth anniversary
Kishore Kumar gets a musical tribute  from Shekhar Ravjiani, Shaan, Neeti Mohan on birth anniversary
Singers Neeti Mohan, Shekhar Ravjiani and Shaan paid tribute to Kishore Kumar on his 87th birth anniversary.


Entertainment
Bollywood tries to strangle independent voices: Dibakar Banerjee
Bollywood tries to strangle independent voices: Dibakar  Banerjee
Mainstream Hindi film industry tries to suppress independent cinema says filmmaker Dibakar Banerjee.



Retail
How the online fashion market is planning to combat the joined force of Flipkart, Myntra and Jabong
How the online fashion market  is planning to combat the joined force of Flipkart, Myntra and Jabong - Economic Times
Myntras acquisition of Jabong is estimated to have placed the combined entity right at the top of pile, with an estimated market share of 60-70%.

Retail
Future Group eyes Rs 1000 crore sales during Independence Day sale
Future Group  eyes Rs 1000 crore sales during Independence Day sale - Economic Times
Big Bazaar consumers will be able to enjoy a 15% cashback on making payments through Paytm as part of a strategic tie-up between the two companies.

Retail
Reigniting ITC
Cigarettes, despite the stigma associated with them, still power ITC’s profits while its non-tobacco businesses have been a persistent drag on profits. Sanjiv Puri, tipped to take the helm at ITC early in 2017, will have to decide which is the way to go

Retail
McDonald's goes on a healthy diet, reduces sodium in its mayonnaise and fries
McDonald's  goes on a healthy diet, reduces sodium in its mayonnaise and fries - Economic Times
“In India, we will continue to work closely with our suppliers and industry experts toward achieving our global vision,” a McDonalds India spokesperson said.


Politics
A day before GST Bill bonhomie, Narendra Modi-Sonia Gandhi thaw played out in Varanasi
A day before GST Bill bonhomie, Narendra Modi-Sonia Gandhi  thaw played out in Varanasi
In the context of the critical need for bipartisanship in India's reforms process, Modi’s reach out to Sonia Gandhi in Varanasi has good tidings.


Politics
Subramanian Swamy silent on GST, says conflict between his scholarly commitment and party loyalty
Subramanian Swamy silent on GST, says conflict  between his scholarly commitment and party loyalty
Swamy would refrain from commenting on the merits of the GST legislation because of a conflict between his scholarly commitment to economics and loyalty to the party.


Politics
Amit Shah in Gujarat: Vijay Rupani bows out of CM race, Nitin Patel is last man standing
Amit Shah in Gujarat: Vijay Rupani bows out of CM race,  Nitin Patel is last man standing
When asked about his nomination for the CM post, Nitin Patel said, "The party central leadership will decide on who will be the chief minister."


Politics
Saudi Arabia to send stranded Indian workers back at its own expense: Sushma Swaraj
Saudi Arabia to send stranded Indian workers back  at its own expense: Sushma Swaraj
In a diplomatic victory for India, Saudi Arabia has agreed to give exit visas to hundreds of jobless Indian workers there and will send them back home at its own expense.



Telecom
GST Bill A 'Transformational' Legislation: Bharti Enterprises Chief

Terming GST Bill as a "transformational" legislation, Bharti Enterprises chairman Sunil Bharti ...

 


Telecom
Telecom companies wary of Trai move to review IUC charges
Telecom companies wary of Trai  move to review IUC charges - Economic Times
Trais planned review comes as telcos increasingly switch over to internet protocol-based networks using optic fibre from systems that were built with copper cables.


Telecom
Move over Apple, two new US phone makers enter India with a bang (Tech Trend)
Move over  Apple, two new US phone makers enter India with a bang (Tech Trend) - Business Standard
Why Chinese? The screaming headline on hoardings in the capital and beyond showcasing new US smartphone maker InFocus clearly signals the beginning of an era for the Indian consumers to look beyond the high-end premium Apple to affordable and


Telecom
Active mobile connections in India declined by 1.5M in May 2016: TRAI
Active mobile  connections in India declined by 1.5M in May 2016: TRAI - MediaNama.com
What's a few million when you have 932 million active mobile connections in India? The Active connection data represents peak VLR (Visitor Location Register) data for the month, so it includes users roaming from on another telecom operators network (For example, Airtel, Idea and Vodafone ha



Franchise
On what basis is the franchise fee and territory determined?
The idea of charging someone for airspace disappeared long ago mainly because it was an unsubstantiated fee. In fact, nowadays, some franchisors don't give territories at all, so the notion that the franchise fee is based on territory size alone doesn't make sense.


Franchise
Can young blood flourish in franchising?
Can young blood flourish in  franchising? - Franchising
Youth in franchising? Millennials at the helm? Can younger people with relatively little business experience (or money) learn to manage a successful franchise operation? A combination of several factors says yes – out of necessity for both prospective franchisees looking to make a living in a tough economy, and for franchisors seeking to expand their system in an era of tight credit. This confluence of economics and demographics has led to a rise in the numbers of younger people signing on as franchisees.



Digital
Netflix hires ex-YouTube executive Gaurav Pradhan as Asia head
Based in Singapore, Pradhan will oversee business development in India, Indonesia, Malaysia, Philippines, Thailand and Vietnam. Pradhan previously led YouTube’s product partnerships for India and Southeast Asia. He has also worked with Yahoo in India.

 


Digital
GST's hidden treasure of $200 billion: Rivigo founder Deepak Garg
GST's  hidden treasure of $200 billion: Rivigo founder Deepak Garg
The GST will substantially lower the indirect tax incidence over a period of time, which will reduce the costs of manufactured goods.


Digital
B2B marketplace Omnikart shuts down, co-founder joins Industrybuying
B2B marketplace  Omnikart shuts down, co-founder joins Industrybuying
Omnikart, its B2B marketplace for industrial equipment, has closed operations due to disagreement between its two co-founders on a growth strategy. The Mumbai-based startup, run by Omnikart Engineering Pvt. Ltd, shut down in March, co-founder Faisal Ansari told TechCircle. Ansari has now joine


Digital
Ease of cross-border transactions with GST will be game changer for e-commerce: Ashish Goel, Urban Ladder
Ease of cross-border  transactions with GST will be game changer for e-commerce: Ashish Goel, Urban Ladder
"Each state requires a different set of documentation and that poses a lot of challenges in the market. But once GST comes into play next year, these problems will start becoming things of the past."



HR
Asean integration 'opens up opportunities'
Asean integration 'opens up  opportunities' - The Straits Times
Efforts by Asean governments and the private sector to promote productivity, technology and innovation can further regional economic integration, said Ambassador-at-Large Ong Keng Yong yesterday.. Read more at straitstimes.com.


HR

HR
US stocks tread water ahead of July jobs report
New York, Aug 4, 2016 (AFP) -Wall Street stocks ended nearly flat Thursday ahead of a July jobs report that is expected to show slower employment growth in the United States compared with last month.


HR
Transgender Bill has no provision for quota in jobs, education
Transgender Bill has no  provision for quota in jobs, education - The Indian Express
The earlier draft Cabinet note had a section on reservation in employment.



Software
Nokia expects to slash 15,000 jobs : Second quarter earnings fell by 49%
Nokia expects  to slash 15,000 jobs : Second quarter earnings fell by 49% - Firstpost
Nokia's second-quarter profit fell more sharply than expected as telecom operators around the world spent less on faster mobile networks


Software
Google plans to push 1 billion mark of net users in India
Google plans to push 1 billion  mark of net users in India
Google Executive said this is possible by making Internet more accessible and affordable, which the company is trying to do through its initiatives like free wi-fi.


Software
Chinese brands Oppo, Vivo, Gionee gain significant market share at the cost of Samsung, Micromax & Intex
Chinese brands Oppo, Vivo,  Gionee gain significant market share at the cost of Samsung, Micromax & Intex
The three Chinese brands, which have emerged as trade favourites due to a margin payout thats 5-6% more than what the other mainstream brands offer.


Software
Designers come out for Apple in patent fight with Samsung
Designers come out for Apple in  patent fight with Samsung
Setting up a clash with a number of Silicon Valley companies that have come out on the side of Samsung, more than 100 designers and educators signed on to a new court brief supporting Apple.



Marketing
Show To Leverage Trigger-Based Marketing : Seize The Moment

For an emotional connection to form between a brand and consumer, brands must be in tune to what intrinsically drives consumer actions at the given moments when an individual is in the optimal mindset to engage.

 


Marketing
Biggest Indian contingent fails to light up advertisers' Olympic flame : Report
Biggest Indian  contingent fails to light up advertisers' Olympic flame : Report - Economic Times
“Star is not allowing advertisers to select the particular games that one may want to buy ad spots on. Also, the broadcast plan has not been shared, which is a big turn off.”


Marketing
Bunge India Appoints Milind Acharya as Marketing Head : Report
Milind Acharya has been appointed as the new Marketing Head for Bunge India, the country’s leading agribusiness and food brand.

 


Marketing
Celebrity Influencers: Worth The Expense Or A Waste?
Celebrity Influencers: Worth  The Expense Or A Waste? - CMO
An overemphasis on celebrity influencers and a hyperfocus on the large audiences they tend to bring has led many a marketer down a path that lacks depth and longevity.



Logistics
Watershed moment: India Inc says GST to stir up animal spirits of economy
Watershed  moment: India Inc says GST to stir up animal spirits of economy - Economic Times
GST bill, which was passed yesterday, will be a game-changing reform since Independence, and will not only boost investment activity but also usher in foreign capital.


Logistics
Mid-sized firms with considerable share of the organised portion likely to benefit from GST
Mid-sized firms with  considerable share of the organised portion likely to benefit from GST - Economic Times
Majority of these companies operate in sectors where the unorganised sectors share is fairly high between 40% and 70%.


Logistics
Cabinet approves Motor Vehicle (Amendment) Bill 2016, Rs 10,000 for drunk driving and Rs 2 lakh for hit and run cases
Cabinet approves Motor Vehicle  (Amendment) Bill 2016, Rs 10,000 for drunk driving and Rs 2 lakh for hit and run cases - India Today
The cabinet cleared on Wednesday the Motor Vehicle (Amendment) Bill, 2016, which entails a steep hike in penalties for traffic offences.


Logistics
Chandigarh Airport set to go solar with ReNew Power, will help generate 8.4 million units of power to offest 8000 tonnes of carbon emissions anually
Chandigarh Airport set to go  solar with ReNew Power, will help generate 8.4 million units of power to offest 8000 tonnes of carbon emissions anually - The Indian Express
Once completed, the project will help Chandigarh International Airport (CHIAL) generate 8.4 million units of power annually and offset over 8,000 tonnes of carbon emissions annually.



Finance
Why banks can’t find buyers for stressed assets
Why banks can’t find  buyers for stressed assets - Livemint
Afraid of vigilance probes, public sector banks are unwilling to take a haircut, resulting in prices that deter buyers


Finance
RBI, Sebi come together to prevent Saradha like scam; launch website to prevent scams
RBI, Sebi come together to  prevent Saradha like scam; launch website to prevent scams - Economic Times
Rajan also cautioned against the phishing and emails that are sent from distant countries like Nigeria and Tanzania promising millions dollars if bank account numbers are shared.


Finance
Giving India a global-scale bank
Giving India a global-scale  bank - The Hindu
Says handling excess staff will not be an issue post-merger of six banks



Construction
Goa’s residential has unsold inventory between 20-30%
Goa’s residential has  unsold inventory between 20-30% - ET Realty
Goa’s economy crashed in 2012 after the ban on mining, joining the country’s stagnant economy.


Construction
Ramco Cements Q1 profit up 57% as domestic sales rise
Ramco Cements Q1 profit up 57%  as domestic sales rise - ET Realty
Total income has increased 2.6% to Rs 973.95 crore for the quarter ended June 30, 2016, as the cement maker's domestic sales volume rose 15% to 20.45 ..


Construction
Oberois plan to spend Rs 500 crore to renovate iconic New Delhi hotel
Oberois plan to  spend Rs 500 crore to renovate iconic New Delhi hotel - ET Realty
The dwindling profitability of the 50-year-old property has led the group to make this decision and go for a complete renovation.


Construction
GST could usher transparency in real estate sector
GST could usher transparency in  real estate sector - Economic Times
According to back-of-the envelope calculations, homebuyers will end up paying around 20-22% in total tax compared to 14-16% if builder gets tax credit.



Ecommerce
GST: Consumers prepare to take it as it comes
The Goods and Services Tax has been a centerpiece of attention in political ...

Ecommerce
Future group, Paytm tie-up to take Big Bazaar online

Tie-up will make Big Bazaar the anchor store on the Paytm marketplace

Ecommerce
Amazon announces pre-orders for FIFA 17
Amazon announces pre-orders for  FIFA 17 - Digit
FIFA 17 is scheduled to be released on September 29, and is priced at Rs. 3,999



/FranchiseArchives
Motivate your unit managers with these simple steps
Motivate your unit managers  with these simple steps - Franchising
Many new franchisees discover that they love being a franchise operator but often quickly learn that they can't always be in the store overseeing operations at all times. This is especially true as single unit operators expand. Since hourly employees typically need oversight, guidance, and sometimes redirection, many franchisee operators often turn to unit managers to help them keep the unit operating at maximum efficiencies. It's this


/TelecomArchives
It's official: Huawei to launch Leica-certified P9 in India on August 17
It's  official: Huawei to launch Leica-certified P9 in India on August 17 - India Today
It isn't exactly clear whether Huawei will launch both the P9 and P9 Plus simultaneously in India.


/RetailArchives
Wargburg Pincus affiliate invests $125 million in Indian logistics Stellar
Wargburg Pincus  affiliate invests $125 million in Indian logistics Stellar - Economic Times
The company intends to provide logistics solutions that will include multi-user warehousing, primary and secondary distribution, e-fulfilment and storage.

/FranchiseArchives
Developing a sophisticated approach to operate your franchise in a fiscally responsible way
Developing a sophisticated  approach to operate your franchise in a fiscally responsible way - Franchising
Those pondering a future in franchising face many important decisions. Beyond nuts-and-bolts basics such as raising capital, identifying a brand that fits, and completing the paperwork, are other – just as important – factors to consider. One such topic is what's known as unit economics. Anyone who has ever cracked open a business school textbook understands that the bottom line of the monthly financial statement of any company should reflect profitability – if the company is to survive. When the numbers are in the black the business is generating more than it's spending. It's simplistic but effective. But there can and should be a more sophisticated approach to operating a franchise in a fiscally responsible way.


/WorkWork
The Big Benefit Of Small Goals On The Entrepreneurial Quest For Millions
The Big Benefit Of  Small Goals On The Entrepreneurial Quest For Millions
How much do you want for your business? Its become taboo to talk about wealth, but picking your number may give you the motivation you need to grow a successful company. That’s exactly how Lara Morgan built a business worth £20 million.


/TelecomArchives
Death toll in Kashmir clashes rises to 49; curfew continues
Death toll in Kashmir clashes  rises to 49; curfew continues - The Indian Express
Mobile Internet services continued to remain snapped in the Valley where the postpaid mobile telephony services have been restored across all networks.


/ConstructionArchives
Why Real estate is not the best gift for your children?
Why Real estate is not the best  gift for your children? - ET Realty
You are not doing your children any favour by leaving behind property for them. The paper work, legal and logistical issues involved make it a painful..


/ConstructionArchives
Stellar response for Dilip Buildcon IPO as it gets subscribed 20 times
Stellar  response for Dilip Buildcon IPO as it gets subscribed 20 times - ET Realty
The public issue received bids for 44,37,41,155 shares as against more than 2.13 crore on offer at the close of the issue, generating a subscription o..


/RetailArchives
Faster Delivery, Lower Prices: E-Commerce Bets Big On GST
Faster Delivery, Lower Prices:  E-Commerce Bets Big On GST - NDTV
The Goods and Services Tax, which aims to transform India into a single market, will boost the countrys young e-commerce industry whose bread and butter depends upon quickly delivering goods across state borders.

/WorkWork
The Companies That Teach Their Employees How To Sleep
The Companies That Teach Their Employees How To  Sleep
Question: What do camera-maker Olympus, accountants PricewaterhouseCoopers, Shire Pharmaceuticals, Unilever and Cambridge University have in common. Answer: They are all sending employees on courses to teach them how to sleep.


/FinanceArchives
Fund houses hit ELSS merger hurdle
Fund houses hit ELSS merger  hurdle - Livemint
Multiple ELSS plans in the same fund house should be merged. It is good for everybody. So what is the snag?




/EcommerceArchives
Amazon.in announces launch of an urban Fulfilment Centre in Chennai
Amazon.in  announces launch of an urban Fulfilment Centre in Chennai - Indiainfoline
The urban FC model will further enable Amazon.in to support deliveries under its recently launched Prime program and offer faster delivery to a wider set of customers during the upcoming festive season.



/FinanceArchives
Bitcoin sinks after hackers steal $65 million from exchange in Hong Kong
Bitcoin sinks  after hackers steal $65 million from exchange in Hong Kong - Livemint
Hong Kong-based exchange Bitfinex says it halted trading, withdrawals and deposits after discovering the security breach




/ConstructionArchives
GST Bill passed in Rajya Sabha after delay of 9 years
GST Bill passed in Rajya Sabha  after delay of 9 years - ET Realty
AIADMK is the only party that expressed its dissent with the Bill and called it unconstitutional. The MPs of the party staged a walk out during the vo..


/TelecomArchives
GST Bill passed in Rajya Sabha: Here is how India Inc is reacting
GST Bill passed in Rajya Sabha:  Here is how India Inc is reacting - The Indian Express
Here is what some of the business tycoons in the country think about the GST bill.


/RetailArchives
Future Group's secret to handle a large, diversified portfolio: 'Futurocracy'
Future Group's secret to handle  a large, diversified portfolio: 'Futurocracy' - Economic Times
Future Consumer Enterprises Limited employees presented plans on its brands, giving them a chance to run an entrepreneurial set-up within the company.

/SoftwareArchives
Facebook opens hardware lab, in a sign of broader ambitions to connect people
Facebook opens  hardware lab, in a sign of broader ambitions to connect people
Although Facebook built its fortune on the internet, it sees hardware as an important part in helping people connect.


/SoftwareArchives

/LogisticsArchives
The day has arrived! Rajya Sabha passes historic GST Constitution Bill
The day has  arrived! Rajya Sabha passes historic GST Constitution Bill - Economic Times
AIADMK is the only party that expressed its dissent with the Bill and called it unconstitutional. The MPs of the party staged a walk out during the voting process.


/LogisticsArchives
GST will bring new era of development, economic reforms, says Amit Shah
GST will bring  new era of development, economic reforms, says Amit Shah - The Indian Express
"Today the GST Bill has been placed in Parliament. The Bill is very important for West Bengal. With its passage, a new era of economic reforms will be ushered in and it will contribute to the development of the country," said Amit Shah


/Logistics /MarketingArchives
What's Agile Marketing All About : Report
The world is becoming more digital every day, steadily reshaping relationships between customers and brands in the process.

 


/DigitalArchives
BCCL’s Brand Capital leads $225,000 funding in online waste management startup ExtraCarbon
BCCL’s Brand Capital  leads $225,000 funding in online waste management startup ExtraCarbon
Using connected devices to manage waste collection, recycling and disposal is an idea that is attracting entrepreneurs and investors alike. Gurgaon-based waste management company Greentooth Technologies Pvt. Ltd, which operates the online platform ExtraCarbon, for instance, is all set to raise R


/MarketingArchives
Alcohol advertising may up drinking habit in adolescents : Report
Alcohol advertising may up  drinking habit in adolescents : Report - Times of India
Increased exposure to alcohol-related advertisements is raising the amount and frequency of drinking among adolescents, finds a study.


/Logistics /ConstructionArchives
Real estate demand will be triggered with passage of GST
Real estate demand will be  triggered with passage of GST  - VCCircle
According to back of the envelope calculations, homebuyers will end up paying around 20-22% in total tax compared to 14-16% if builder gets tax credit


/Construction /PoliticsArchives

/PoliticsArchives

/RetailArchives
Patanjali locks horns with e-tailers
Patanjali locks horns with  e-tailers - Business Standard
Patanjali has already informed brick-and-mortar retailers not to offer discounts on its products

/RetailArchives
GST to reduce costs for retailers, boost consumption
GST to reduce costs for  retailers, boost consumption - Business Standard
Many in the industry believe that retailers can centralise their storage and supply chain because of the GST

/TelecomArchives
Move over Apple, two new US phone makers enter India
Move over Apple, two new US  phone makers enter India - ETTelecom.com
Why Chinese? The screaming headline on hoardings in the capital and beyond showcasing new US smartphone maker InFocus clearly signals the beginning of..


/FinanceArchives
DBS Bank keen on expanding digital offerings in India, says CEO Gupta
DBS Bank keen  on expanding digital offerings in India, says CEO Gupta - Hindu Business Line
To launch a fully digitised platform for SME lending later this year




/FinanceArchives
Trai releases consultation paper on mobile banking
Trai releases consultation  paper on mobile banking - Times of India
Nightmare UI and high prices blamed for low take-up of service hoped to replicate success of M-Pesa




/EcommerceArchives
Pitney Bowes Accelerator Program Inducts Six Startups in India
Pitney Bowes (NYSE:PBI), a global technology company that provides innovative products and solutions to power commerce, has named six startups to the



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