Wednesday, September 7, 2016

September 7, 2016 - India gear up for Rio 2016 Paralympics with largest-ever contingent

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
BrightRoll grew from 0 to $640m (sold to Yahoo) in 9 years, returning 60x for investors during that period. Founder Tod Sacerdoti has some non-obvious tips for founders. 1. Overspend on talent. 2. Don't innovate in non-core areas. 3. Focus on edge cases. 4. Be an a##hole. 5. Get a low valuation. 6. Be Tribal. 7. Love being last. Intrigued? Read on

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Sports
India gear up for Rio 2016 Paralympics with largest-ever contingent
India gear up for Rio 2016 Paralympics with largest-ever  contingent
Represented by their largest ever contingent, India will hope for an improved medals tally when the Paralympic Games start on September 7.


Job: Lead Software Engineer | JRC Technologies | 2-4 yrs | Mumbai
JRC Technologies is the umbrella company for three e-commerce plays – in 3 varying industries: Travel, Fin Tech and Fashion – namely xplorz.com, makemyreturns.com and bookdlook.com. We are looking at developing a revamped platform for each of these companies with a focus on adopting newer technologies and artificial intelligence based on buying patterns that we have acquired over the years. The lead will be in charge of all 3 projects and will have to be an integral part of the conceptualization and thinking process. The lead will also be in charge of the junior developers that the company will hire subsequently. Apply Now

 


Sports
US Open 2016: Sania Mirza-Barbora Strycova knocked out of women’s doubles
US Open 2016: Sania Mirza-Barbora Strycova knocked out  of women’s doubles
Sania Mirza and Barbora Strycova were beaten 6-7 (3), 1-6 by Caroline Garcia and Kristina Mladenovic in the women's doubles quarter-finals.


Sports
World Cup Qualifiers: Neymar goal gives Brazil 2-1 win over Colombia
World Cup Qualifiers: Neymar goal gives Brazil 2-1 win over  Colombia
Neymar took a pass just inside the box with 73 minutes gone and his angled drive was well placed into the far corner.


Sports
US Open: Novak Djokovic advances to semis after another injury-hit match
US Open: Novak Djokovic advances to semis after another  injury-hit match
Novak Djokovic advanced to a semi-final against France's 10th seed Gael Monfils.


Sports
After Glenn Maxwell show, R Ashwin suggests ‘bowling powerplay with a bowling machine’
After Glenn Maxwell show, R Ashwin suggests ‘bowling  powerplay with a bowling machine’
Glenn Maxwell set record books, Twitter on fire with his whirlwind 145 against Sri Lanka in the first T20I.


Sports
Jose Mourinho and Pep Guardiola the best of enemies
Jose Mourinho and Pep Guardiola the best of enemies
Saturday's Manchester derby is the first Premier League meeting between Jose Mourinho and Pep Guardiola.


Entertainment
Bollywood judges you on your looks, says Swara Bhaskar
Bollywood judges you on your looks, says Swara Bhaskar
Swara Bhaskar says that actors are judged on the basis of their looks in Bollywood.


Entertainment
Priyanka Chopra’s Reliance Jio application form has gone viral, see pic
Priyanka Chopra’s Reliance Jio  application form has gone viral, see pic
Priyanka Chopra's alleged Reliance Jio subscription form has gone viral on Twitter. Is she also among lakhs of hopefuls hoping for a Jio connection?


Entertainment
Sonam Kapoor launches world’s largest lesson programme with children
Sonam Kapoor launches world’s largest lesson  programme with children
Sonam Kapoor says that a proper education can build a great future and lead a child to imbibe good qualities.


Entertainment
Daniel Craig offered USD 150 million to return as James Bond
Daniel Craig offered USD 150 million to return as James  Bond
Daniel Craig has reportedly been offered USD 150 million to return to the popular series of spy films James Bond.



Retail
Amazon India considers investment in online food delivery startup Swiggy
Amazon India  considers investment in online food delivery startup Swiggy - Economic Times
Founded by Sriharsha Majety, CEO, along with Rahul Jaimini and Nandan Reddy, Swiggy is regarded as one of stronger players in a market which has seen several casualties.

Retail
In the age of clicks, Chumbak leads with footfalls
In the age of clicks, Chumbak  leads with footfalls - Economic Times
While various studies predict an exponential growth in online shoppers, Chumbak is defying the trend and attracting more consumers to its brick and mortar stores.

Retail
IKEA appoints Patrik Antoni as Deputy Country Manager, India
Antoni has been a part of Ikea team for almost 15 years and has played an instrumental role across verticals in many countries like Sweden, Portugal, ..

Retail
Reliance retail fashion portal Ajio's head Sanjay Mehra quits
Reliance retail fashion portal  Ajio's head Sanjay Mehra quits - Economic Times
An email sent to the company remained unanswered as of press time Tuesday. Prior to Ajio, Mehra was vice president for India unit of Wolverine Worldwide Inc.


Telecom
Despite a bloody nose, India's largest telecom operator will survive the Reliance Jio punch
Despite a bloody nose,  India's largest telecom operator will survive the Reliance Jio punch - Quartz
Airtel could see revenue growth halve in the next two years.


Telecom
BSNL says it will match Jio's low data prices, compete hard
Bharat Sanchar Nigam Ltd (BSNL) is gearing up to give RIL's Jio a fight. The state-run ...

 


Telecom
Is telecom still a monopoly? Once an inherently monopolistic industry, telecom is now a brutally competitive network market
Is telecom still a monopoly?  Once an inherently monopolistic industry, telecom is now a brutally competitive network market - Livemint
Once an inherently monopolistic industry, telecom is now a brutally competitive network market


Telecom
Reliance Jio 4G preview offer: Terms, conditions you need to read
Reliance Jio 4G preview offer:  Terms, conditions you need to read - The Indian Express
Reliance Jio's 4G services are now open for all users in India, and we explain the full terms and conditions.



Politics
The BJP Is Making A Big Mistake In Letting Jung Run Delhi, But Kejriwal Is Not Complaining
The BJP Is Making A Big Mistake In Letting Jung Run Delhi, But Kejriwal Is Not Complaining
Najeeb Jung’s over-enthusiasm about running Delhi is a blessing in disguise for AAP.


Politics
Criticising A Government Or Its Policies Does Not Amount To Sedition: Supreme Court
Criticising A Government Or Its Policies Does Not Amount To Sedition: Supreme Court
The court referred to a 1962 ruling to make this point.


Politics

Politics


Software
How automation and robots are taking up IT jobs?
How automation and robots are  taking up IT jobs? - Livemint
The Indian information technology sector historically prided itself on being a major direct hirer of engineers besides creating millions of ancillary jobs, but it is evident that this will no longer be the case


Software
Government includes Internet broadcasting under Copyright Act
Government includes Internet  broadcasting under Copyright Act
It said representations have been received from various stakeholders as to whether the Internet broadcasting companies come under the purview of statutory licensing.


Software
Apple asks Foxconn Technology Group to look at the possibility of making iPhones in India
Apple asks Foxconn Technology  Group to look at the possibility of making iPhones in India
When Cook was here, govt raised the issue of making in India. It is after that that Apple started thinking of doing something in India which is long term.



Finance
Why is Reliance taking a $15 billion investment risk with Jio?
Why is Reliance taking a $15  billion investment risk with Jio? - Livemint
Even while it launches itself into the telecom space, Reliance Jio needs to create something unique on a sustainable basis


Finance
Yes Bank set to enter offshore bond market with 5-year dollar bond
Yes Bank set to  enter offshore bond market with 5-year dollar bond - Livemint
Yes Bank is looking to raise $300-500 million before March 2017 to avail cheaper funding for its offshore lending branch at GIFT City in Gandhinagar, Gujarat


Finance
Govt bonds receive bids worth $1.12 billion from foreign investors
Govt bonds  receive bids worth $1.12 billion from foreign investors - Livemint
At the end of the two-hour auction, all the 27 bids were declared successful


Finance
Sebi audit may spell trouble for NSEL brokers
Sebi audit may spell trouble  for NSEL brokers - Livemint
Brokers mis-sold NSEL products, finds audit, but Sebi is facing a potential jurisdictional conflict in taking action



Logistics
Tata Motors bags bus orders for 5000 busses worth Rs.900 cr from 25 state and city transport undertakings in India
Tata Motors bags bus orders for  5000 busses worth Rs.900 cr from 25 state and city transport undertakings in India - The Hindu
Kolkata/Mumbai, Sept 6 (IBNS): Tata Motors, the country's largest commercial vehicles manufacturer, on Tuesday announced having received orders of over 5,000 buses from 25 State or City Transport Undertakings across the country.


Logistics
Railways recieves 6 proposals for levitation rail, US-based Quadlev Llc to not participate in the Indian Railways' quest for speed
Railways recieves 6 proposals  for levitation rail, US-based Quadlev Llc to not participate in the Indian Railways' quest for speed - VCCircle
US-based Maglev manufacturer Quadlev Llc will not participate in the Indian Railways’ exercise aimed at bringing in levitation train systems to the country, as part of its pursuit to increase the speed of trains [...]


Logistics
LEMOA Developments: India and US face tough negotiations on CISMOA, now called COMCASA
LEMOA Developments: India and  US face tough negotiations on CISMOA, now called COMCASA - Business Standard
Non-signature of 'foundational agreement' denies India cutting-edge kit


Logistics
AirAsia India offers All-Inclusive tickets starting from Rs. 599, bookings open till Sept 11 and tickets are for Feb 6th to Oct 8th 2017
AirAsia India offers  All-Inclusive tickets starting from Rs. 599, bookings open till Sept 11 and tickets are for Feb 6th to Oct 8th 2017 - NDTV
Budget airline AirAsia India has announced discount offers on advanced fares, with all-inclusive tickets starting Rs 599.



Digital
PremjiInvest invests in eyewear e-tailer Lenskart
PremjiInvest invests in eyewear  e-tailer Lenskart
Eyewear retailer Lenskart Solutions Pvt. Ltd said on Tuesday it has raised funding from PremjiInvest, the private investment arm of Wipro Ltd chairman Azim Premji. Lenskart CEO and founder Peyush Bansal said PremjiInvest is the only investor in this follow-on round of funding. He didn’t discl


Digital
With $256 billion market cap, Chinese Internet giant Tencent is now the most valuable company in the entirety of Asia
Congratulations are in order to Pony Ma and co. He and his cohorts at Tencent now head the most valuable company in the entirety of Asia. Its worth, according to its market cap: US$256 billion (as of this writing).

 


Digital
It's tough to divert people from cash to e-wallet: Freecharge
It's tough to divert people  from cash to e-wallet: Freecharge
Founded in 2010, Freecharge is among a growing coterie of companies fuelling the wave of fintech in India. But, the company has managed to set itself apart from competition with increased focus on not just consumer problems, but merchant issues as well.



HR
Robust hiring outlook for India in 2017: Michael Page Survey
Robust hiring outlook for India  in 2017: Michael Page Survey - Economic Times
Indias employment market has been largely unaffected by the global economic slowdown this year and 80% of employers are confident that hiring activity will remain steady.


HR
India emerges second largest foreign job creator in the United Kingdom
CHENNAI: India has emerged as one of the largest creator of jobs in the United Kingdom during the last financial year, with a report by UK’s Department for Inte...


HR
Fuji Electric Forms Joint Venture With Gemco to Expand In Indian Markets
Fuji Electric  Forms Joint Venture With Gemco to Expand In Indian Markets - ETEnergyworld.com
The JV establishes a new company in India - "Fuji Gemco Pvt.Ltd" with Fuji electric having a 51 per cent stake


HR
Expect 30% revenue growth in India for FY17: AECOM
Expect 30% revenue growth in  India for FY17: AECOM - Moneycontrol.com
The company will have a capex of over USD 60 billion and is targeting to achieve 30 percent revenue growth in India for FY17, said AECOM Chairman and CEO Michael Burke. ..



Marketing
Dentsu to Provide Data Driven Solutions with Data Sciences : Report
Dentsu Aegis Network has launched Data Sciences in India to help clients and marketers understand and predict the influences of human behaviour in media and advertising.

 


Marketing
Qualcomm says India can scale IoT like no other country : predicts 15 billion connected devices by 2020
Qualcomm says India can scale  IoT like no other country : predicts 15 billion connected devices by 2020 - Digit
In addition, Qualcomm India talks about their IoT focused mass-market chipsets, India connectivity push, Reliance Jio, Narrow-Band IoT networks and more.


Marketing
New mobile ad format 'Yahoo Tiles' introduced in India : Report
Yahoo Tiles has been introduced in India. It is a new mobile ad format that brands can use to reach consumers through engaging, interactive content. Yahoo Tiles helps brands to tell a more creative and compelling story across Android and iOS devices. It is available for advertisers in India through Yahoo Gemini and BrightRoll.

 


Marketing
Can Maruti ace the LCV market with its Super Carry? : Report
Can Maruti ace the LCV market  with its Super Carry? : Report - Hindu Business Line
Launching Super Carry, he said Maruti is a new entrant in the segment where other major players like Tata Motors and Mahindra are already present.



Franchise
Finding, choosing, and researching franchises: Part 1
Finding, choosing, and  researching franchises: Part 1 - The Franchise King
The Franchise King shows you how to find money-making franchise opportunities in Part 1 of this 3-Part series.


Franchise
Franchisee Newbies: Lower your risk when buying a franchise with these tips
Franchisee  Newbies: Lower your risk when buying a franchise with these tips - Franchising USA Magazine
Click inside to read 3 Things You Can Do to Reduce Your Risk When Buying a Franchise



Construction
SC asks Supertech to pay 10% per annum of invested amount from Jan '15 to 14 home buyers in Noida twin tower case
SC asks Supertech to pay 10%  per annum of invested amount from Jan '15 to 14 home buyers in Noida twin tower case - ET Realty
Supertech has also been directed to submit detailed chart of payment to these 14 buyers in the next hearing on October 25.


Construction
Ahluwalia Contracts bags orders worth Rs 244.13 crore
Ahluwalia Contracts bags orders  worth Rs 244.13 crore - ET Realty
The total order inflow during the current fiscal stands at Rs 1,209.59 crore.


Construction
Realtors' body CREDAI holds meet on low cost housing
Realtors' body CREDAI holds  meet on low cost housing - ET Realty
Contractor gave an insight into design and planning of affordable homes, giving a presentation on the low cost home projects executed by him.


Construction
Gurgaon Sector 12A road completed by Huda after 15 years
Gurgaon Sector 12A road  completed by Huda after 15 years - ET Realty
Huda had acquired land for the sector’s main road in 1981, but could not take its possession for several years.



Ecommerce
Online fashion sites YepMe, Zivame, Myntra others look for profit in brick 'n' mortar stores now
Online fashion sites YepMe,  Zivame, Myntra others look for profit in brick 'n' mortar stores now - Financial Express
While YepMe has launched its own retail stores, other brands such as FabAlley has tied up with the Central - a multi-brand store operated by the Future Group. Similarly, Zivame plans to open 40-50 brick-and-mortar stores by the end of FY2017.

Ecommerce
Women's apparel e-tailer eShakti raised $1.34 million fresh funding
Women's  apparel e-tailer eShakti raised $1.34 million fresh funding - knowstartup (press release)
Women’s apparel e-tailer eShakti raised $1.34 million fresh funding

Ecommerce
'Myntra cashback users are now on PhonePe'- Why every e-commerce company wants a bite of UPI.
Mobile payments start-up PhonePe, which is owned by Flipkart, in partnership with Yes Bank launched unified payments interface (UPI) based payments app

Ecommerce
InnoVen Capital extends loans worth $6 million to Capillary Technologies, Simplilearn
InnoVen group COO and CEO (India) Ajay Hattangdi says firm’s unified venture debt platform helps clients to access growth capital globally






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