July 1, 2015 - Google's India head Rajan Anandan is India's most prolific angel investor with 15 investments

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Digital Google's India head Rajan Anandan is India's most prolific angel investor with 15 investments Since February 2011, MIT and Stanford-trained Rajan Anandan has been the man in charge of Google in India. In those four years, apart from driving the internet giant's growth in the country, Anandan has also been busy playing a hand in India's booming startup ecosystem. In the recent months, the former Dell and Microsoft executive has emerged as India's... Digital Meet the new prince Yuvraj Singh -- from a cricketer to a profilic investor The man who chauffeured India to its first cricket World Cup win in nearly 30 years is in the limelight again, this time in his new avatar as a prolific investor. Digital Twitter eyes bigger ad pie in India, step up its engagement with advertisers in 10 sectors Twitter has decided to boost its sales team in India and step up its engagement with advertisers in at least 10 sectors to increase its digital and mobile Internet ad revenues Digital Indian mobile app usage outpaces global app usage: Yahoo Yahoo's Flurry Analytics on Tuesday said India's app usage is growing at a rate of 131 percent year-on-year outpacing global growth. The report from Flurry's Retail Retailers like Reliance Retail, Shoppers Stop plan mobile counters, hand-held devices to slash waiting time Retailers, already grappling with online rivals, are taking steps to help customers impatient with long lines at checkout counters, especially on weekends. Retail German retail sales rise 0.5% in May: Data Retailers' sales increased by 0.5 per cent in May compared with April, the federal statistics office Destatis said in a statement. Retail Shoppers Stop shortens its end-of-season July sale to just 30 days compared to a 40-45 day practice to protect margins Domestic retail major Shoppers Stop has shortened its end-of-season July sale to just 30 days (which might be extended to 35 days) as opposed to what has been a 40-45 day practice in the past two to three years. Retail Gionee inks pan-India partnership with large format retail chains to make its handsets available across more than 1,000 stores Following the tie-up, Gionee handsets will be available across more than 1,000 stores. Telecom Airtel becomes world's third largest mobile operator : With 303 million mobile subscribers, Airtel surpasses China Unicom Bharti Airtel Ltd said on Tuesday that with 303 million mobile subscribers it had become the third largest mobile operator in the world Telecom Facebook's India user base now at 125 million; mobile users steady at 89% Social networking website Facebook's Indian user base has grown by 5.6% from 118 million monthly active users (MAUs) in Q4 2014 (December 2014) to 125 million Telecom Dayanidhi Maran gets bail on eve of quizzing in phone exchange case A day before he was to appear before the CBI in Delhi in connection with the illegal telephone exchange case, the former Telecom Minister, Dayanidhi Maran, obtained anticipatory bail from the Madras High Court and even Telecom India is fastest growing mobile app market: Yahoo As Indian mobile app usage outpaced global app usage, mobile app usage in India grew 131 per cent, as per Yahoo's latest report. Finance Investment in public sector banks voluntary: LIC chairman S.K. Roy denies reports that the government frequently taps LIC's door to recapitalize PSU banks Finance Srei Infrastructure Finance plans to raise up to Rs 200 crore Srei Infrastructure Finance is planning to issue secured redeemable non-convertible debentures (NCDs) of Rs 1,000 each. Finance Finance Ministry considering merger of Bhartiya Mahila Bank with SBI Launched in 2013 by the previous UPA government, the bank has about 60 branches across the country. The bank was started with an initial capital of Rs 1,000 crore. Finance IndusInd Bank raises Rs4,300 crore via QIP IndusInd Bank has raised over Rs4,300 crore by selling fresh shares to institutional investors through a qualified institutional placement (QIP), two people with direct knowledge on the deal said Food/FMCG Small local brands with deeper reach & lower price give Pepsi, Coke a run for their fizz There was a time not long ago when strategic discussions between global and Indian teams of beverages giants Coca-Cola and PepsiCo mostly centred on their arch rival. Food/FMCG P&G India's new MD & CEO Al Rajwani takes charge today Al Rajwani, the new managing director and CEO of consumer goods heavyweight P&G India, takes charge on Wednesday to implement the groups new global strategy. Food/FMCG P&G India names V Kumar sales head as Uday Bhaskar quits A P&G India spokeswoman confirmed the development. "V Kumar has been appointed P&G India sales director effective July 1, 2015," she said. Food/FMCG Bombay HC allows Nestle to export Maggi though ban continues in India The Bombay HC allowed Nestle India to export Maggi noodles after FSSAI said it had no objection to the company selling the product abroad. Software Global IT spending set to drop by 5.5% in 2015, says Gartner Global technology spending is set to witness a steeper drop this year than was previously anticipated, weighed down mainly by currency fluctuations, according to a report by technology research firm Gartner. Software Fat pay packages on offer at Wipro: Number of crorepatis go up from 38 to 70 in the past year While the number of crorepatis at India's second-largest software exporter increased manifold during the 2014-15 financial year, crosstown rival also witnessed a significant jump in the number of people enjoying fat pay packages. Software How Digital India drive will result in a big business opportunity for IT industry? ICT devices, mobile applications, data analytics, security services, digitisation software … for Indian IT firms, the opportunity is huge Software Infosys makes ambitious plan to go green by 2018 : Will meet all electricity requirements from renewable resources Infosys, India's second largest IT services exporter, has set an ambitious target of meeting all of its electricity requirements only from renewable resources by 2018. Ecommerce Sitharaman to meet retailers and state ministers this month; Govt move follows retailers plea in court for a level playing field in FDI Nirmala Sitharaman is likely to separately meet representatives of retail store operators and state industry ministers in July to bring clarity in government policy in the retail space Ecommerce Flipkart offering attractive maternity package to retain women employees, also plans to pay 50% of day care charges An extended maternity leave of 24 weeks plus four months of flexi-working hours with full pay, and, if needed, one-year career break without pay: Flipkart has rolled out these and several other incentives to attract and retain women employees. Ecommerce Customers splurge over Rs200 crore through SBI cards in Flipkart sale; SBI also signs a MoU with online travel portal MakeMyTrip Mumbai: Country's largest lender State Bank of India (SBI) on Tuesday said it has chalked out a plan to give thrust to its mobile banking channel and exuded confidence that it will soon emerge as a top player in the segment. "What has happened is that our corporate Internet banking was not available on mobile. ... HR TCS to hire 60000 employees this fiscal, says Cyrus Mistry TCS earlier said it was targeting to take revenues from the digital space, comprising social, mobile, analytics and cloud to $5 bn in a few years. HR Huge employment opportunities coming up in Bengal: Mamata Banerjee The West Bengal government today said it would appoint two lakh people in various positions like teachers and Group-C, Group-D staff in government offices in the state. HR Cyrus attributes TCS's record attrition to industry growth Shareholders want to know what plans does company have to address the issue HR 'New textiles policy aims at 35 million jobs, foreign investment' The government will unveil a new national textiles policy next month that seeks to create 35 million new jobs by attracting foreign investments, a senior mini.. Logistics Cabinet may tomorrow approve the Rs 50,000 cr irrigation scheme Pradhan Mantri Krishi Sinchayee Yojana ( PMKSY) for irrigation to many villages The Cabinet is likely to approve tomorrow a central scheme 'Pradhan Mantri Krishi Sinchayee Yojana (PMKSY)' that aims to provide irrigation facilities to every village by converging ongoing schemes being implemented by various ministries. Logistics Daimler to invest 1 bn euros for production and technological development of next generation compact cars in the Merc Rastatt plant in Germany "We will strengthen the role of the location as the lead plant for compact cars within our global production network", said Markus Schäfer, Member of the Div.. Logistics Tata Chemicals on the market: Tatas look to exit the fertiliser business for $ 1 billion Tata Group Chairman Cyrus Mistry has initiated a plan to hive off and sell the fertiliser business, housed in Tata Chemicals, in his first major restructuring move after becoming chairman in 2012. Logistics Airbus to help develop India's light combat aircraft European aerspace major Airbus has offered to help develop the Mark II version of India's light combat aircraft (LCA MkII) and also set up a manufacturing hub in India. Construction JSW Cement plans two new grinding plants in West Bengal and Tamil Nadu, According to Director and CEO Anil Kumar Pillai JSW Cement plans to start two greenfield grinding units each in West Bengal and Tamil Nadu, India, with potential locations currently being identified. Anil Kumar Pillai, JSW Cement Director an... Construction CommonFloor pumps in $2.5M in Roommate App Flatchat Flatchat, a mobile-based platform that connects flat owners with flat-mates, has raised $2.5 million from real estate portal CommonFloor.com, the company said on Tuesday. Construction Indian Realty Flash Sale (IRFS) sees around 14900 coupon downloads Like e-commerce firms, India's real sector too has turned to flash sales online to sell properties. The first such event, called Indian Realty Flash Sale (IRFS), took place between 25 and 28 June Construction Developers are offering attractive discounts and freebies to woo buyers in Greater Noida Experts said that though home loan rates will take a while to come down, this is a good time to buy because of the offers available. Marketing Facebook's Prototype Mobile Ad Format : A Perfect Mix of Branding, Direct response SocialTimes Facebook's Prototype Mobile Ad Format: A Perfect Mix of Branding, Direct ...SocialTimesThere will be fewer steps involved in the user's journey when researching and experiencing a product or service, resulting in an expected higher conversion rate. Form follows function, part I: The new Facebook mobile ad format is a natural evolution of Marketing To Stem Exodus Of Technology Startups, India Relaxes Listing Rules : Report In a move that is likely to boost India's startup ecosystem, the country's stock market regulator SEBI will launch a new trading platform and ease rules to allow startups to list and raise funds on its domestic stock exchanges. The move establishes that India is waking up, albeit late, [...] Marketing Facebook opens first Africa office Facebook is opening its first office in Africa, in a bid to grow its advertising revenue in the region Politics Moody's India Report Says Disappointment Is Creeping In Over Modi Government Reform Pace NEW DELHI -- Flagging subdued rural economy as a 'credit negative' for India's sovereign rating, global giant Moody's today said there are growing concerns about risk of policy stagnation and "so Politics All noise, no point: Here's why the Congress attack on BJP over Lalit Modi is aimless Despite the cacophony by its second rung spokespersons, the Congress's response to the Lalit Modi controversy has been non-strategic, feeble and aimless. Politics Buddha Amarnath Yatra to commence from Aug 17 in Poonch hills Politics Surviving Emergency: Midnight Knocks And Days On The Run My parent's defiance came at a personal price. Frustrated upon not finding us, the "unknown mob", as Sanjay Gandhi's hooligans were vaguely referred to by officials, raided our house in Lucknow and looted whatever little we had. What they didn't loot, they burned in our courtyard - furniture, clothes, books, all my toys. I did not get any more toys throughout my childhood, and almost 20 years later when I earned my first salary, I bought a big teddy for myself. Sports Ajinkya Rahane wants to imbibe MS Dhoni's calmness, Virat Kohli's controlled aggression Ajinkya Rahane though has his own ideas as far as captaincy is concerned. Sports Leading Bangladesh daily ridicules Indian cricketers India had lost the three-match series 1-2 to give the hosts their first-ever historic bilateral series victory. Sports Given population, we should have 11 home-grown players: Sunil Chhetri The example Chhetri mentions is Eugeneson Lyngdoh, whose impressive display for the club earned him his first national cap at the age of 28. Sports I am sure Ajinkya Rahane will make us proud, says Sachin Tendulkar The selectors announced a second-string team for the tour, resting most of the senior players. Entertainment Big B, Salman among world's highest-paid celebs, SRK not on Forbes list Amitabh Bachchan, Salman Khan, Akshay Kumar and Indian cricket captain Mahendra Singh Dhoni are among the world's 100 highest-paid celebrities, according to the Forbes' annual list. Entertainment Kamal Haasan's 'Thoongaavanam' to be wrapped up in July The shooting of Kamal Haasan's 'Thoongaavanam' is likely to be wrapped up over the course of the next month. Entertainment Southern cinema in 2015: Content ruled over star power in first half Of the record 107 Tamil releases, only 10 turned out to be hits by reaping profits for their producers. Entertainment 'Star Trek 3′ to be titled 'Star Trek Beyond' The third instalment of the 'Star Trek' reboot franchise has been named 'Star Trek Beyond', says the director Justin Lin. 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