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July 3, 2015 - Did You Know? Angel investors and VCs are now investing in Indian startup every 10 hours

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Digital
Did You Know? Angel investors and VCs are now investing in Indian startup every 10 hours
Did You Know? Angel investors  and VCs are now investing in Indian startup every 10 hours - VC Circle
The hectic pace of early-stage investment activity in India has gone up by a few notches as angel investors and venture capital firms are falling over each other, hoping to bet on the next multi-million dollarâ€"if not the billion dollarâ€"valued startup.

Digital
BankBazaar raises Rs 375 crore in funding round led by Amazon
This is Amazon's second investment in e-commerce space in India

Digital
Why analysts don't back the idea of corporate venture funds by IT biggies like Infosys, Wipro
MUMBAI: Indian IT corporations' transfer to arrange company enterprise capital arms to hitch the present gold rush in startups hasn't gone down too properl

Digital
PM announces Centre of Excellence for IoT in Bangalore
PM announces Centre of  Excellence for IoT in Bangalore - ChannelWorld.in
The Centre of Excellence will enable rapid adoption of IoT technology and foster a new growth strategy as well empower India to have a leap frog advantage in the domain.


Retail
Tata's Westland drags Flipkart to court over copyrights and IT Act violations on Amish Tripathi's latest novel
Tata's Westland drags Flipkart  to court over copyrights and IT Act violations on Amish Tripathi's latest novel - Economic Times
Westland Ltd, the publisher of the 'Scion of Ikshvaku', has alleged that Flipkart is violating copyrights by selling the novel on its platform.

Retail
Flipkart announces strategic partnership with three of country's largest home retail brands Home Town, HomeStop and @Home
Flipkart announces strategic  partnership with three of country's largest home retail brands Home Town, HomeStop and @Home - Economic Times
Flipkart today announced a strategic partnership with three largest home retail brands--Home Town (Future group), HomeStop (Shoppers Stop) and @Home.

Retail
Indiaplaza.com: How an Indian e-commerce firm ran out of cash
Before Sachin and Binny Bansal of Flipkart and Kunal Bahl of Snapdeal, there was Kothandaraman Vaitheeswaran, who pioneered e-commerce in India with Indiaplaza.com

Retail
Arvind inks deal to bring casual fashion retailer Aropostale to India, will open 30 stores & 25 shop-in-shop locations over next three years, to launch in March 2016
American casual fashion retailer Aéropostale, Inc. has inked a licensing agreement with Arvind Lifestyle Brands Ltd to open standalone stores in the country, the company said


Telecom
Finally, national number portability rolls out today
Finally, national number  portability rolls out today - Hindu Business Line
Telecom operators are ready to roll out the much-awaited National Mobile Number Portab

Telecom
Digital India: CEOs Commit to Invest Rs 4.5 Trillion
Digital India: CEOs across industries Commit to Invest Rs 4.5 TrillionThe Reliance Industries Chairman was joined by top industry leaders like Sunil Bharti Mittal (Rs one lakh crore), Kumar Mangalam Birla (USD 9 billion or about Rs 54,000 crore), and Anil Agarwal (Rs 40,000 crore) with large investment announcements. His

Telecom
Digital India Week: Digital locker, Aadhaar mobile app, BharatNet & more
Digital India  Week: Digital locker, Aadhaar mobile app, BharatNet & more - MediaNama.com
PM Narendra Modi launched the Digital India week in Delhi yesterday, wherein schemes worth Rs 1 lakh crore were unveiled, to be implemented by the Ministry of

Telecom
Vodafone India names Suvamoy Roy Choudhury as new HR head
Vodafone India on Thursday said that its director for human resources Ashok Ramachandran has resigned.


Finance
Startups, learn how not to be like Housing.com's Rahul Yadav
Startups, learn  how not to be like Housing.com's Rahul Yadav - Economic Times
Startups live in a volatility, uncertainty, complexity and ambiguity world building consensus among the stakeholders is a critical responsibility of the founder.

Finance
State Bank of India chief Arundhati Bhattacharya spots modest recovery underway
State Bank of  India chief Arundhati Bhattacharya spots modest recovery underway - Economic Times
Bhattacharya said, the bank had embarked on a number of initiatives to clamp down on NPAs such as web-based assets tracking and monitoring; regular calls to stressed accounts in retail segment and real estate sector to prevent slippages and assets.

Finance
Money transfer service Xoom bought by PayPal
PayPal Inc. said it would buy digital money transfer provider Xoom Corp. for $890 million as it muscles into a growing international remittance market and expand in countries like Mexico, India and China ahead of a spinoff from eBay Inc.

Finance
RBI says willing to let foreigners hold more govt debt
Raghuram Rajan says RBI is committed to steadily increasing how much govt debt foreign investors can buy, but will proceed cautiously to avoid becoming too reliant on overseas capital


Food/FMCG
Now, celebrities help startups attract sponsors as well
Now, celebrities help startups  attract sponsors as well - Economic Times
Leveraging the fan following of individuals such as lifestyle blogger Miss Malini and the AIB comedy crew to co-create material helps in creating value for celebrities .

Food/FMCG
Will they be shelved too? Fate of other noodle brands to be known by next week
Will they be  shelved too? Fate of other noodle brands to be known by next week - Daily News & Analysis
- The move follows a directive of apex food regulator â€" the Food Safety and Standards Authority of India (FSSAI) â€" asking all state FDAs to test all noodles and related products.

Food/FMCG
No Business Plan. No Marketing.Meet India's new FMCG giant, Patanjali.
No Business  Plan. No Marketing.Meet India's new FMCG giant, Patanjali. - Pulse
How many times you see brands agitating the market riding only on its ambassador image? Not so often. If you are located outside India, it is most probable that you've never heard of Ramdev Baba. If you are located in India, you know him as a 'yoga teaching baba'. If you are in India and a follower of him, it's time for you to be proud. Because, your guru, controversy's favorite child succeeded in building in a 2,000 crore* 'concept' that is cornering the FMCG market in India.Patanjali Ayurved Limited, started in 2007, was started by Acharya Balkrishn

Food/FMCG
Premium bottled water hits a new high in India
Premium packaged drinking water is fast acquiring the proportions of a fad across India. Easily available at fine dining outlets and five-star hotels these bottles are increasingly being


Software
After IBM and Microsoft, Amazon announces its plans to build India Datacenter
As the cloud war started picking up in India, the cloud vendors have started putting investment to have better services to its customers and partners and build their confidence.

Software
HP moves ahead with plan to split into two companies : Enterprise division to be separated from other business
H-P Would Separate PC, Printer Business from Corporate Hardware, Services; More Layoffs Ahead

Software
Cognizant may lose a $2.7 billion IT services deal if Centene Corp acquires Health Net
The company has said that regardless of the loss they will be able to maintain their guidance as previously stated at USD 12.24 billion.


Ecommerce
Flipkart announces a strategic partnership with three of the country's largest home retail brands--Home Town, HomeStop and @Home
Flipkart announces a strategic  partnership with three of the country's largest home retail brands--Home Town, HomeStop and @Home - ET Retail
Flipkart today announced a strategic partnership with three largest home retail brands--Home Town (Future group), HomeStop (Shoppers Stop) and @Home...

Ecommerce
SoftBank bets on ex-LinkedIn executive Deep Nishar's connections in 'Silicon Valley' to counter shrinking market
SoftBank bets on ex-LinkedIn  executive Deep Nishar's connections in 'Silicon Valley' to counter shrinking market - ET Telecom
SoftBank has tapped Nishar for his deep connections in 'The Silicon Valley' at a time when the Japanese firm faces a shrinking domestic market...

Ecommerce
Paytm enters the travel segment with the launch of its Bus Ticket Marketplace; to grow its gross merchandise value to $3-4 billion by the end of 2015
Paytm enters the travel segment  with the launch of its Bus Ticket Marketplace; to grow its gross merchandise value to $3-4 billion by the end of 2015 - ET Retail
The inception of the marketplace is a part of Paytm's overall strategy to enter new categories including travel to grow its gross merchandise value to $3-4 ..

Ecommerce
Snapdeal ropes in P&G senior executive Amit Choudhary as senior Vice President
Snapdeal ropes  in P&G senior executive Amit Choudhary as senior Vice President - Corporate Finance - ET Retail
Jasper Infotech, which owns and operates Snapdeal.com, has named Amit Choudhary as senior vice-president of corporate finance, the latest in a series of top-l..


Franchise
Franchisee Journey: From franchisor to supplier to first EnVie Fitness for Women franchisee in California
Franchisee Journey: From  franchisor to supplier to first EnVie Fitness for Women franchisee in California - Entrepreneur
Liberty Harper literally grew up in franchising, having started in the industry right out of high school.

Franchise


HR
Flipkart, Snapdeal and Paytm snatch key talent from McKinsey, Unilever and Pepsi
Flipkart,  Snapdeal and Paytm snatch key talent from McKinsey, Unilever and Pepsi - Economic Times
Consumer Internet companies, including Flipkart, Snapdeal and Paytm, this year have snatched key talent from McKinsey, Unilever and Pepsi.

HR
Flipkart offers attractive maternity package to retain women employees
Flipkart offers  attractive maternity package to retain women employees - Economic Times
The online retailer announced that it will now offer six months paid leave plus four months of flexible working option with pay to mothers.

HR
DBS bank's former chief Sanjiv Bhasin to join Centrum Capital as CEO & MD
DBS bank's  former chief Sanjiv Bhasin to join Centrum Capital as CEO & MD - Economic Times
Bhasins move reinforces the trend of top foreign bankers captaining domestic financial players to build institutions based on their varied learnings on product and people.

HR
Maharashtra govt pushes skilling agenda
Maharashtra govt pushes skilling  agenda - Hindu Business Line
Aims to equip 4.5 crore people with skills for employment by 2022; increase GSDP to 25%


Logistics
Now cloud will help sell fruit of the soil: Govt allocates Rs 200 for national electronic agri market, development, to be phased over 3 years
Now cloud will help sell fruit  of the soil: Govt allocates Rs 200  for national electronic agri market, development, to be phased over 3 years - Business Standard
The Department of Agriculture will set it up by creation of a common electronic platform deployable in selected regulated markets across the country

Logistics
UAE-based oil firm acquires Essar Petroleum East Africa, will boost company's market share and downstream supply chain -Business Standard
A UAE-based oil firm has acquired and renamed Essar Petroleum East Africa Ltd to ASPAM Energy (Kenya) Ltd in a bid to boost its downstream supply chain in oil and gas sector. "The move will improve the company's market share from the current 1.1

Logistics
Alstom's first metro in India enters commercial service; 168 metro cars to join Chennai Metro, will cover 8 stations from Koyambedu to Alandur- Arabian Supply Chain
Alstom’s first metro in India entered service in the city of Chennai on the first phase of line 2 from Koyambedu to Alandur.

Logistics
Direct Benefit Transfer from cooking gas to indiviual accounts is a game-changer: Arvind Subramanian
Chief Economic Advisor Arvind Subramanian on Thursday described the government's Direct Benefit Transfer (DBT) scheme as a "game-changer" for India.


Construction
Polavaram will be ready by 2018, According to Telangana CM KCR
Polavaram will be ready by 2018,  According to Telangana CM KCR - The Hans India
Andhra Pradesh Chief Minister N Chandrababu Naidu directed the officials and contract agencies to complete the Pattiseema Lift Irrigation Project by August 15 at any cost.The Chief Minister toured Pattiseema and Polavaram I areas in Polavaram Mandal of West Godavari District on Thursday afternoon. He reviewed the progress of works at the project sites. The Chief Minister also held a review meeting with irrigation and project officials.

Construction

Construction
SBI Chief Spots Modest Recovery Underway, The bank to focus on clamping down of NPA's in retail and real estate sector
SBI Chief Spots Modest Recovery  Underway, The bank to focus on clamping down of NPA's in retail and real estate sector - NDTV
Ms Bhattacharya said with the ebbing inflationary pressures, there may be further scope for monetary stimulus to pump up domestic demand.

Construction
Performance of national highways programme reviewed by PM Narendra Modi
PM Narendra Modi reviews performance of national highways programmeEconomic TimesPM reviews progress of National Highway ProgrammesNetIndianall 11 news articles »


Marketing
India now second largest geographic market for Uber : launches in 7 cities
India now second  largest geographic market for Uber : launches in 7 cities - Economic Times
Under Uber X, the company offers cabs such as the Maruti Swift Dzire and Toyota Etios. The Uber Go category has models such as the Hyundai Santro and Tata Indica.

Marketing
Lenovo targets No 1 slot in 12 months : Report
Lenovo targets No 1 slot in 12  months : Report - Hindu Business Line
Region is key growth area for PC maker, says APAC Chief

Marketing
BankBazaar.com raises Series C funding of INR 375 Cr : Led by Amazon and others
BankBazaar.com  raises Series C funding of INR 375 Cr : Led by Amazon and others - YourStory.com
Established in 2008, BankBazaar is one of India's first neutral online marketplaces that gives consumers access to customized rate quotes on loans, credit cards or personal finance products

Marketing
Flipkart ties up with HomeStop, HomeTown & @Home : a Flipkart timeline
Flipkart ties up with HomeStop,  HomeTown & @Home : a Flipkart timeline - MediaNama.com
Ecommerce giant Flipkart has tied up with HomeStop, HomeTown and @Home to introduce a new range of products from the brands. Flipkart currently claims to have


Politics
100% salary hike proposed: Here's what our MPs get and what they want according to Parliamentary panel recommendations

Here are the salient features of what our MPs want according to the Parliamentary panel as opposed to the benefits they already have.

Politics

Politics

Politics
Madrasa Students Will Be Considered 'Out-Of-School', Says Maharashtra Govt

The Maharashtra government has said that the children studying in madrasas (Islamic educational institutes) qualify as "out-of-school" and the state education department will conduct a one-d


Sports
Wimbledon 2015: Dustin Brown stuns Rafael Nadal

Earlier, Andy Murray and Roger Federer cruised into Rd 3 after winning their respective matches.

Sports
After Lalit Modi's allegations, Suresh Raina says 'never involved in any wrong doing'

Modi had alleged that two leading Indian cricketers and a West Indian player had been bribed by an Indian real estate tycoon.

Sports
Aguero: Winning Copa America would repay World Cup debt

Sergio Agüero is hoping to that triumphing in the Copa América 2015 final with Argentina can make up for his inability to perform at his best during the World Cup.

Sports
Wimbledon: Sania Mirza-Martina Hingis ease into women's doubles Rd 2

The top seeded Indo-Swiss pair defeated Diyas and Zheng 6-2 6-2 in the opening women's doubles match.


Entertainment
Rihanna named 1st artist to surpass 100mn song certifications

The Recording Industry Association of America announced that Rihanna has surpassed more than 100 million Gold & Platinum song certifications.

Entertainment
Ant Man actor Paul Rudd gets star on Hollywood Walk of Fame

"Ant Man" actor Paul Rudd has been honoured with a star on the Hollywood Walk of Fame.

Entertainment
Shraddha Kapoor training in rock genre for 'Rock On 2′

Shraddha will be training professionally for the first time for the sequel of rock musical drama "Rock On".

Entertainment
Salman Khan to hold 'Bajrangi Bhaijaan' screening for Shah Rukh Khan

Salman Khan is reportedly mulling over organising a special screening of 'Bajrangi Bhaijaan' for Shah Rukh Khan.


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