Friday, June 19, 2015

June 19, 2015 - Caught! Reliance Jio chat app sending user data to Chinese servers, says Indian hacker group

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Digital
Caught! Reliance Jio chat app sending user data to Chinese servers, says Indian hacker group
Caught! Reliance Jio chat app  sending user data to Chinese servers, says Indian hacker group - Economic Times
In a statement, Jio rejected the claims, and assured users of Jio Chat that full care is taken to protect their privacy and security.

Digital
Health and fitness app HealthifyMe raises angel funding from group of individual investors; shifts base to Singapore
Health and fitness app  HealthifyMe raises angel funding from group of individual investors; shifts base to Singapore - VC Circle
Caeruz Ventures Pvt Ltd that runs health and fitness app HealthifyMe said on Thursday it has raised undisclosed amount in angel investment from a group of individual investors.

Digital
Called Innovation for Corporates: Microsoft Ventures' new programme that helps corporates engage with upcoming startups in India
Called Innovation for Corporates:  Microsoft Ventures' new programme that helps corporates engage with upcoming startups in India - The Times of India - Times of India
Program aims to help corporates to build deeper engagement with startups. Startup thought leaders deliberate on startups valuations and growing SaaS businesses at the event.

Digital


Retail
An Eerie Tour of India's Zombie Malls: Hundreds of Shops But What Happened to the shoppers?
An Eerie Tour of India's  Zombie Malls: Hundreds of Shops But What Happened to the shoppers? - Wall Street Journal (blog)
The simple lesson in consumerism in India has been that while there may be hundreds of millions more people with greater disposable income than there were in the 1990s, only a small sliver of them are willing to splurge on air-conditioned shopping for global brands.

Retail
After Amazon, Flipkart to join express delivery race; co's logistics unit ekart to compete with on demand startups
After Amazon, Flipkart to join  express delivery race; co's logistics unit ekart to compete with on demand startups - Economic Times
eKart to take on competition from on-demand startups that promise to deliver products within an hour, typically by tying up with local stores.

Retail
Is Indian eCommerce sector a bubble in the making? Valuation numbers makes many say so
As valuations of Indian eCommerce firms continue to hit stratospheric levels, market players begin to wonder if the sector is turning into a bubble that can burst anytime now.

Retail
Supply of retail space for luxury brands to double in 4 years: CBRE
Supply of retail space for luxury  brands to double in 4 years: CBRE - Economic Times
Companies including DLF, Reliance Industries, Phoenix Mills, Mumbaibased Maker Group and Shobha Developers have a lined up a host of projects.


Telecom
Glitch before launch? : Reliance Jio Chat Compromises User Security, Claims A Hackers collective
Glitch before launch? : Reliance  Jio Chat Compromises User Security, Claims A Hackers collective - Newslaundry
Newslaundry.com is India's Independent News Media and Media Critic Platform

Telecom
PayPal still winning the mobile wallet Game of Thrones
This story was originally sent to thousands of professionals just like you in this morning's PAYMENTS INSIDER daily newsletter. Don't be left in the dark while

Telecom

Telecom

MediaNama.com
India Value Fund gets approval to acquire 100% in ACT broadband - MediaNama
MediaNama.com
India Value Fund (IVF) has received FIPB approval to acquire up to 100% stake in Bangalore-based Internet services provider Atria Convergence Technologies (ACT). IVF will be investing up to Rs 200 crore for this stake ... ACT had rebranded its


Finance
Hansa Cequity raises Rs 30 cr from ASK Pravi
Hansa Cequity has said it has raised Rs 30 crore from private equity firm ASK Pravi to fund its expansion plan.

Finance
HDFC Bank launches 10-second personal loan disbursement
HDFC Bank launches 10-second  personal loan disbursement - Times of India
HDFC Bank will now disburse personal loans to its customers in just 10 seconds. With this product, existing customers will have a pre-approved loan amount available to them 24x7.

Finance
Why entrepreneurs should not divest over 30% in seed funding round
Why entrepreneurs should not  divest over 30% in seed funding round - VC Circle
Today's entrepreneurs, especially the ones in the technology space, are very progressive. However, sometimes they make basic mistakes when it comes to chasing ideas, raising funds, equity dilution and associating with the right kind of advisers.

Finance
Adani Power hits record low
Since May 11, the stock plunged 36% to Rs 27.75 from Rs 43.40 as compared to 1.5% decline in the Sensex.


Food/FMCG
Is Dabur Real Fruit Juice not Safe to Drink? Fungus like black substance ...
Is Dabur Real  Fruit Juice not Safe to Drink? Fungus like black substance ... - India.com
Will you consume Dabur Real Fruit Juice post this incident?

Food/FMCG
Ads by e-commerce firms try to establish an emotional connect
Recent advertisements by e-commerce firms such as Flipkart and Snapdeal (with its Aamir Khan ad) show they are trying to build brands by establishing an emotional connect

Food/FMCG
FDA: Rid food of trans fats by 2018
The Food and Drug Administration on Tuesday gave the food industry three years to eliminate artery-clogging artificial trans fats from the food supply, a long-awaited step that capped years of effort by consumer groups and is expected to save thousands of lives a year.

Food/FMCG
Future Group's 'rebirth' to focus on four areas
Biyani gets biggies to showcase group's strategy today


Software
How Indian IT firms like Infosys, Wipro are revamping culture to attract young talent against startups ?
Mumbai: India`s oldest and most distinguished IT companies are doing what would have been virtually sacrilegious a number of

Software
Google working on a new programming language to knock off Oracle's Java
Since 2009, Google has been quietly working on its own Go programming language (also called Golang), an alternative to Java.

Software
Nasscom aims to develop skilled cyber security professionals : Signs MoU with Symantec
NASSCOM, Symantec join forces for cyber security | Latest News & Gossip on ...India.comNASSCOM partners with Symantec for building cyber security skills in India ...indiabloomsall 15 news articles »


Ecommerce
Flipkart ropes in Unilever executive Sudhir Sitapati for advisory board to help manage and direct fast-paced growth
Flipkart ropes in Unilever  executive Sudhir Sitapati for advisory board to help manage and direct fast-paced growth - Economic Times
More advisors will be roped in with specific skills in areas like leadership strategy, technology and operations as Flipkart fights aggressive rivals.

Ecommerce
Tata Group to launch the country's first hybrid online retailing venture that will set prices, deliver products and provide customer support
Tata Group to launch the  country's first hybrid online retailing venture that will set prices, deliver products and provide customer support - ET Retail
Group firm Tata Industrial Services, which changed its name to Tata Unistore Ltd, will spearhead the venture...

Ecommerce
Twitter acquires machine learning startup Whetlab to better organize tweets and learn more about its users through how, when, and what they tweet
Twitter acquires machine learning  startup Whetlab to better organize tweets and learn more about its users through how, when, and what they tweet - MediaNama.com
Continuing its acquisition spree, microblogging platform Twitter has bought machine learning startup Whetlab for an undisclosed amount. Twitter will be

Ecommerce
Jabongs former marketplace head seeks to create Indias ClassPass linking users to fitness centres through ClassVerse
Rukaiya Kanchwala, who till recently was lifestyle e-tailer Jabong's director of marketplace, has ventured out on her own.


Franchise
Amazon wants to turn your neighbor into your deliveryman
The e-tailing giant reportedly developing a mobile app On My Way that would pay participating members of the public to deliver goods Facebook Twitter Linkedin Email

Franchise
Know why Future Group CEO Kishore Biyani likes the idea of 'reborn'
Kishore Biyani believes that what has been created has to be destroyed to make space for the new. Facebook Twitter Linkedin Email

Franchise
FSSAI can hold retailers responsible if found selling unapproved products
FSSAI can hold  retailers responsible if found selling unapproved products - Economic Times
"The retailers should also be responsible for what they are selling to the consumers. They should at least check for food approvals," said chief executive of FSSAI. Facebook Twitter Linkedin Email

Franchise
Nestle chief Paul Bulcke wants Maggi noodles back in India as soon as possible
Nestle chief  Paul Bulcke wants Maggi noodles back in India as soon as possible - Economic Times
Asked about the possible impact of the ban on jobs in India, Bulcke said production would resume "if we can resolve this fast." Facebook Twitter Linkedin Email


HR
Average Salary Hike of 10.8% Likely for Indian Employees: Survey
Average Salary Hike of 10.8%  Likely for Indian Employees: Survey - NDTV
According to 2015-16 Asia Pacific Salary Budget Planning report by Towers Watson, a global professional services company, India is clearly the front-runner with a 10.8 per cent average salary increase, ahead of countries like Indonesia (9.5 per cent), China (8.6 per cent) and the Philippines (6.7 per cent).

HR
India's Hottest Business Leaders under 40: Is India Inc promoting younger CEOs
India's  Hottest Business Leaders under 40: Is India Inc promoting younger CEOs - Economic Times
Corporate honchos all say they want young guns at the fore. But what are they really doing about it?

HR
Top executives in Ranbaxy shown the door as Sun Pharma takes charge
Top executives in Ranbaxy shown  the door as Sun Pharma takes charge - Daily News & Analysis
- According to the report by The Economic Times, 18 top executives of Ranbaxy, including Indrajit Banerjee, President and CFO; Yugal Sikri, country head (India) Ranbaxy; Maninder Singh, V-P marketing; Govind Jaju, global head, sourcing; Ratul Bahaduri, director-finance, have been asked to leave.

HR
Be our valued brand ambassadors, Nestle India MD tells Employees
Be our valued brand ambassadors,  Nestle India MD tells Employees - Economic Times
Nestle India, the food maker battling its biggest crisis, has asked employees and all their families and friends to become "valued brand ambassadors" for the company.


Logistics
On-demand logistics tech startup Moovo raises seed funding from YouWeCan; want to disrupt the logistics sector with smart algorithms and technology
On-demand logistics tech startup  Moovo raises seed funding from YouWeCan; want to disrupt the logistics sector with smart algorithms and technology - VC Circle
Moovo secures funding from YouWeCan Ventures. OrbitNote Technologies P Ltd owns and operates Moovo, an online aggregator of Mini Trucks. YouWeCan Ventures have funded an undisclosed amount in the startup.

Logistics

Logistics
Solar rooftop player optimistic: Rooftop energy target achievable, supply network key: Ujaas
Speaking to CNBC-TV18, Anurag Mundra, Joint Managing Director and CFO, Ujaas Energy says that rooftop projects for supply of 40 Gigawatts energy can be achieved by strengthening distribution network over the 200 million Indian households.

Logistics
Ethanol-run buses to roll out in city soon Uttar Pradesh to capture 242 tonnes of sugar waste for the fuel
Following the footsteps of Nagpur city road transport, the Uttar Pradesh State Road Transport Corporation (UPSRTC) is soon to introduce ethanol-run buses in various cities across the state. Recently, a senior official of the transport corporation had gone to Nagpur to observe the model of bio-fuel run transport service for it to be replicated in the state


Construction
DB Realty, ECC, Konark to build 7 towers of 12 storey residential building in Mumbai
DB Realty will have a 75 per cent share in the project, the company said. The JV will develop seven towers of 12 storey each with a total built up area of 4.7 lakh sqft.

Construction
Mercer's study finds Mumbai to be most expensive city for expats in India | ET RealEstate
Mumbai, climbed 66 places in the ranking due to its rapid economic growth, inflation and a stable currency against the US dollar.

Construction
Market appetite to be tested by Indian property loan
Market appetite to be tested by  Indian property loan - GlobalCapital
A rare US dollar syndicated loan to finance a commercial real estate transaction in India has raised the tantalising prospect of more liquidity being readily available to the many foreign investors eyeing similar assets in the country. But there is no trend yet, and the deal could remain an unusual curiosity for some time, writes Shruti Chaturvedi.

Construction
Growth can be boosted by 'Housing for all' scheme
Growth can be boosted by  'Housing for all' scheme - Livemint
The Union Cabinet chaired by PM Modi accepted the recommendations of an Inter-Ministerial Committee to increase interest subvention to 6.50 per cent on housing loans to beneficiaries belonging to EWS.


Marketing
Mind the gap-Convergence of Marketing and IT by Deepali Naair, Chief Marketing Officer, Mahindra Holidays & Resort India Limited

Transformative forces have elevated CMOs to the hottest new technology buying center and advanced them a seat closer to the President in the boardroom. However, the CMO is under pressure. The self-educated customer is driving unprecedented change in the marketing function. Big data, new automation, and an explosion of communication channels all require fundamental new mastery. With these new pressures, the marketing organization cannot act in isolation as it has in the past. An effective CMO+CIO relationship must be created and nurtured. This panel will discuss the various dimensions of this emerging relationship and how it needs to be nurtured to deliver a compelling customer experience in the future. On the panel we have Veetika Deoras, Head - Brand Marketing, Digital Vertical and Corporate Communication, Tata Capital Limited, Vaidyanath Ganesan, AVP- Marketing, Franklin Templeton Investments, Sandeep Nagpal, Marketing Director, SAP India Pvt. Ltd, Subrat Pani, Co-Founder & Director, One Assist, Alok Saraogi, Vice President Brand Marketing & Corporate Communications, Ashok Leyland Ltd exclusively at #DMAi Screen at #GMAW15


Marketing
Nestle gearing up for Maggi's comeback : News
While its fate is still uncertain, Nestle says it will take about two weeks for Maggi to be back once its safety issues are fixed

Marketing
India Today vs Times Now : a battle for eyeballs
Is India Today's excitement about occupying the lead slot among English television news channels, beating Times Now, based on just one week's ratings a tad over-the-top?


Politics
BJP Veteran LK Advani Makes 5 Important Points About The State Of Indian Politics

NEW DELHI — The 21-month period between 1975 and 1977 will be etched deeply in the mind of any Indian who witnessed the darkest period in the Indian democracy. The national press was censored, c

Politics
Lalit Modi row: Opposition demands removal of Sushma Swaraj and Vasundhara Raje, Modi govt stays mum

Opposition parties on Thursday launched a fresh offensive seeking the removal of External Affairs Minister Sushma Swaraj and Rajasthan Chief Minister Vasundhara Raje over the 'Lalitgate' as the BJP and the Modi government maintained a studied silence on the swirling controversy surrounding them.

Politics
Rahul Gandhi comeback playing to "Tanu weds Manu 2.0″ script ?

Rahul Gandhi it seems has decided to do a "Tanu weds Manu returns" playing to a disjointed script stitched together by episodic outrage replete with "shock & awe" soundbites and photo-ops.

Politics


Sports
Mustafizur's five-for leads thumping win
On the tenth anniversary of their famous win over Australia in Cardiff, Bangladesh thumped a full-strength Indian team in front of a raucous Mirpur crowd

Sports
Virat Kohli keeps wickets to give MS Dhoni one-over break

It was the start of the 44th over when Kohli was seen wearing Dhoni's gloves as he stood behind the stumps.

Sports
Sania Mirza, playing with new partner Casey Dellacqua, crashes out in her Aegon Classic opener

Sania Mirza's regular partner Martina Hingis could not play in this tournament with Sania for some personal reasons.

Sports
Mary Kom to be chief guest for Yoga event in Dubai

The sessions will be led by Indian yoga guru A G Mohan, who is also an author and co-founder of Svastha Yoga and Ayurveda in India.


Entertainment
'ABCD 2′ releases today: Will Varun Dhawan, Shraddha Kapoor be able to dance their way to your hearts?

'ABCD 2' starring Varun Dhawan and Shraddha Kapoor is expected to embark on a good if not great start.

Entertainment
Bollywood wishes Ramadan Mubarak
With the onset of the holy month of Ramzan, Shah Rukh Khan, Sonakshi Sinha, Akshay Kumar, Riteish Deshmukh and host of other Bollywood celebrities took to Twitter to convey their wishes. Here's what they had to say... Shah Rukh Khan ‏@iamsrk:""...to look inwards & challenge the self, the ego, in our own eyes & as others see us." Ramadan Mubarak to everyone."Mahesh Bhatt ‏@MaheshNBhatt:"Ramzan Mubarak!"(Disclaimer: All tweets have been sourced from Twitter and written as is)

Entertainment
'Bajrangi Bhaijaan' trailer: Salman Khan's movie is all set to break Box Office records

Bajrangi Bhaijaan trailer: Salman Khan is flawless and the star of the show.

Entertainment
Irrfan Khan beats all records and ranks as the No1 Khan of Bollywood!
There has always been a rage of the three Khans in Bollywood, i.e Shahrukh, Salman and Aamir. From romancing heroines, action roles to breaking records with the 200cr club they have done it all!


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