Saturday, August 19, 2017

August 18, 2017 - Electric cars may cause a massive transportation disruption in India as early as 2020, take over Indian roads

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Attrition is a standard phenomenon observed in companies large and small. However, large companies typically have processes to deal with it, while SMEs may not have the resources to continue to function smoothly when a key employee leaves. It is important for SME management to understand the reasons why employees typically leave and to devise strategies to keep their best employees. And it's not all about the pay package! For more on this story, subscribe to the SME print edition.

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Electric cars may cause a massive transportation disruption in India as early as 2020, take over Indian roads
Electric cars may cause a massive transportation disruption in India as early as 2020, take over Indian roads - Daily News Analysis
Electric cars may take over Indian roads by 2020 - The benefits, he points out, will be enormous, both in terms of financial savings as well as air pollution levels.

Indian Railways is embracing virtual reality to prevent accidents, the country's first disaster management institute being set up near Bengaluru, old coaches will be used for simulating accidents
Indian Railways is embracing virtual reality to prevent accidents, the country's first disaster management institute being set up near Bengaluru, old coaches will be used for simulating accidents - YourStory.com
Do we have disaster management teams equipped to deal with rail accidents as more than 40% of them are caused by derailed trains?




Upside risks to inflation flagged by MPC members as per RBI minutes
Upside risks to inflation flagged by MPC members as per RBI minutes - Livemint
Concerns about economic growth and easing inflation prompted five of the six monetary policy committee (MPC) members to call for a repo rate cut but warned that prices could start accelerating, RBI minutes show

21 Noida builders give project info, 16 more to do same
21 Noida builders give project info, 16 more to do same - ET Realty
Following up on the directions of chief minister Yogi Aditya Nath, the focus of the meeting was to take a physical and financial update from the build..



How Smaller Fashion Ecommerce Players are Waging a Tough Battle in India
Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities -- get all the breaking news, right now.

Baba Ramdev wants India to boycott Chinese products
Baba Ramdev wants India to boycott Chinese products - ETBrandEquity.com
He said China only understands the "language of aggression" and India should first try to defeat it economically



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How Political Tussle in the Rajya Sabha Led the BJP to Pass a Truncated Constitutional Amendment Bill for Backward Classes
How Political Tussle in the Rajya Sabha Led the BJP to Pass a Truncated Constitutional Amendment Bill for Backward Classes
A look at how the ruling party dropped a key clause in the bill aimed at granting the National Backward Classes Commission constitutional status.

India Should Not Forcibly Return Ethnic Rohingya Refugees To Myanmar, Says Human Rights Watch
India Should Not Forcibly Return Ethnic Rohingya Refugees To Myanmar, Says Human Rights Watch
"India should show leadership by protecting the beleaguered community."



BCCI office bearers incur claims of over INR 4 crore in two years
BCCI office bearers incur claims of over INR 4 crore in two years
Just over 40% of the total figure of INR 4.62 crore - INR 1.87 crores - was spent on allowances for just four office bearers, including the three senior-most figures currently

How Alves snub ensured Man City went from Van Dijk Bonucci to Jonny Evans
How Alves snub ensured Man City went from Van Dijk Bonucci to Jonny Evans
Dani Alves transfer snub made Manchester City go from Virfil Van Dijk & Leonardo Bonucci to Jonny Evans



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Toilet: Ek Prem Katha's special screening to be held for village representatives in Gurugram
Toilet: Ek Prem Katha's special screening to be held for village representatives in Gurugram
The Bollywood movie Toilet: Ek Prem Katha is based on a story in which a woman leaves her husband on the first day of their marriage after discovering that he does not have a toilet in his house. The Deputy Commissioner said that following the efforts of people's representatives, there had been a positive change in the thinking of the people regarding cleanliness.

Episode 6 of Game of Thrones Season 7 was accidentally posted for a brief time: HBO
Episode 6 of Game of Thrones Season 7 was accidentally posted for a brief time: HBO
The sixth episode of Games of Thrones' seventh season was leaked in Spain and Nordic countries. The episode was available to subscribers in these areas early Tuesday for about an hour before being removed. HBO said the incident wasn't connected to the recent cyber issue with HBO US.



Fired Google Engineer Blames Diversity Zealots For His Dismissal
Fired Google Engineer Blames Diversity Zealots For His Dismissal
James Damore's Wall Street Journal essay decries "public shaming."

So You Hired A Racist. Now What?
So You Hired A Racist. Now What?
The values they harbor have no place in society, let alone our payroll.





How I help free innocent people from prison | Ronald Sullivan
How I help free innocent people from prison | Ronald Sullivan
Harvard Law professor Ronald Sullivan fights to free wrongfully convicted people from jail -- in fact, he has freed some 6,000 innocent people over the course of his career. He shares heartbreaking stories of how (and why) people end up being put in jail for something they didn't do, and the consequences in their lives and the lives of others. Watch this essential talk about the duty we all have to make the world a bit more fair every day, however we can.

Courage is contagious | Damon Davis
Courage is contagious | Damon Davis
When artist Damon Davis went to join the protests in Ferguson, Missouri, after police killed Michael Brown in 2014, he found not only anger but also a sense of love for self and community. His documentary "Whose Streets?" tells the story of the protests from the perspective of the activists who showed up to challenge those who use power to spread fear and hate.



India is now the hottest destination in the retail space
India is now the hottest destination in the retail space - Hindu Business Line
Overtakes China in H1; global brands, hypermarkets expand presence: CBRE
Future of e-commerce: India in 2050
Vatsala Kothari - It has been estimated that by 2020, about 55% of online sales will be driven by cashless transactions. The share of mobile wallets is thus likely to see a spurt., , ecommerce



India's 'ailing' telecom sector will generate 30 lakh jobs by 2018: report
India's 'ailing' telecom sector will generate 30 lakh jobs by 2018: report - Deccan Chronicle
Deeper penetration of smartphones, arrival of latest technologies like 4G and 5G to help create more jobs.

India may force foreign handset makers to set up servers here to ensure data protection
India may force foreign handset makers to set up servers here to ensure data protection - Economic Times
The govt has already asked 21 companies, most of them Chinese, for protocols used by them by Aug 28 to ensure the security of mobile phones sold in India.



Round tripping of funds: Sebi slaps Rs18 crore fine on 22 entities
Round tripping of funds: Sebi slaps Rs18 crore fine on 22 entities - Livemint
Sebi imposes fine of Rs17.55 crore on 22 entities for round tripping of funds through fictitious transactions and siphoning off proceeds from the initial share sale of Brooks Laboratories

BSE, NSE to suspend trading in United Breweries, others from 8 September
BSE, NSE to suspend trading in United Breweries, others from 8 September - Livemint
Leading bourses BSE, NSE will suspend trading in the shares of United Breweries from 8 Sept while the entire promoter shareholding has been frozen with immediate effect





Emami targets Rs 1000 crore edible oil business in Bihar
Emami targets Rs 1000 crore edible oil business in Bihar - news
Bihar stands at over 7000 tons per month in a time span of less than three years' time in terms of sales volume, Desai said.

Indian FMCG conglomerate ITC Limited plans launch of (frozen) potato products
Indian FMCG conglomerate ITC Limited plans launch of (frozen) potato products - PotatoPro
As Indian FMCG powerhouse ITC rolls out frozen prawns in select cities in the country, the company has lined up a few more product offerings - including frozen (?) processed potatoes.



Infosys CEO and MD Vishal Sikka resigns with immediate effect
Infosys CEO and MD Vishal Sikka resigns with immediate effect - Reuters
India's No. 2 IT Services company Infosys Ltd (INFY.NS) said Vishal Sikka had resigned as managing director and chief executive of the company with immediate effect, sending shares tumbling more than 7 percent in early trading on Friday.

Is there a real slowdown? MNC tech firms are hiring thousands
Is there a real slowdown? MNC tech firms are hiring thousands - Times of India
The job openings are heartening, given especially that four of the biggest IT services companies ­ TCS, Cognizant, Infosys and Tech Mahindra ­ saw their workforces shrink at the end of the June quarter.





UberEATS launched in Bengaluru, to hit more cities soon
UberEATS head Bhavik Rathod says Uber is backing its ability to complete strongly against Siwggy and Zomato, established rivals in the food delivery space
Start-up incubator Techstars to launch in India
Techstars is set to make its debut in India and launch new start-up programmes over the coming weeks and months to tap the country's growing start-up ecosystem

Uber appoints Brooks Entwistle as chief business officer, Asia Pacific region
Uber appoints Brooks Entwistle as chief business officer, Asia Pacific region - news
Ride-hailing firm Uber Technologies Inc. has appointed Brooks Entwistle as chief business officer for its Asia-Pacific business. Entwistle joins Uber from Everstone Group, an India- and Southeast A…

ItzCash parent Ebix buys Wall Street Finance's international remittance business
ItzCash parent Ebix buys Wall Street Finance's international remittance business
US-based software services firm Ebix Inc said it will acquire BSE-listed Wall Street Finance Ltd's subsidiary Goldman Securities Ltd, along with its money transfer service scheme (MTSS) business, f…





3 Necessary components to driving up ULE in any franchise network
3 Necessary components to driving up ULE in any franchise network - Franchising
Unit-level economics (ULE) is the latest fancy phrase for the fundamental concept of franchisee profitability. The old-school franchise concept of caring only about a monthly sales report and a royalty check and, if the franchisee was not profitable, reselling the territory in 18 months is dead.

Franchising a Growing Option
Franchising a Growing Option - CSNews Online
Retail and food franchising is a healthy sector, says IFA.



MBA graduates from top colleges still in high demand amid market turmoil
MBA graduates from top colleges still in high demand amid market turmoil - Economic Times
MBA talent is still a key driver of cos' growth story. Digital change & emerging opportunities were primary areas B-school grads were hired for this year.

Mood of the Nation poll: Narendra Modi supreme but jobs still a worry
Mood of the Nation poll: Narendra Modi supreme but jobs still a worry - India Today
Prime Minister Narendra Modi remains as popular as ever, the new Mood of the Nation Poll has found. The poll predicts that NDA would win an overwhelming majority if elections were held today.




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Thursday, August 17, 2017

August 16, 2017 - Google to pay $3 billion to Apple to remain on iPhone

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
One possible path forward for Snapdeal may come from Infibeam, its lesser-known competitor. An early entrant in the market, Infibeam didn't raise venture financing, and survived as a niche player. While it has maintained a business-to-consumer (B2C) presence that competes with Amazon and Flipkart, it has kept the cost of that operation under control and not tried to match their pricing. Furthermore, it launched BuildaBazaar.com to help other brick-and-mortar retailers launch their online stores. Infibeam later acquired a digital marketing agency to help these retailers with their marketing initiatives. BuildaBazaar's success shows how a small player can survive by finding a niche. More here.

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Google to pay $3 billion to Apple to remain on iPhone
Google to pay $3 billion to Apple to remain on iPhone - news
Google has increased the amount this year -- from $1 billion three years ago to $3 bn this year -- and Google's licensing fees make up a large bulk of Apple's services business.

Foxconn comes to terms with 80 per cent Snapdeal loss
Foxconn comes to terms with 80 per cent Snapdeal loss
FIH Mobile, the Hong Kong-listed unit of Foxconn, recognised an impairment loss of $160 million related to its investment in Jasper Infotech, which owns and operates Snapdeal.




Should you invest in a relatively new franchise or a long-established brand?
There are three fundamental differences for potential franchisees investing in new, lesser-known franchise brands compared to larger household names which serve essentially the same market. In this regard, comparing a new lawnmowing franchise to an established restaurant franchise is pointless, but comparing new versus established restaurant brands (for example) will highlight the importance of these three key differences.

When scouting for franchises make sure you're ready for these 2 critical things
When scouting for franchises make sure you're ready for these 2 critical things - Franchise Business
Two things change everything when looking at franchise opportunities. You're going to be very surprised to learn what they are.



Japan is booming again, and that could ease one of India's biggest pain points
Japan is booming again, and that could ease one of India's biggest pain points - Economic Times
Japan's economy is booming again against all odds. It needs more immigrants now, and countries like India can help it by providing immigrant workers.

Tech Firms With Indian CEOs, Founders Are Creating Record Number Of Jobs For Americans In US
Tech Firms With Indian CEOs, Founders Are Creating Record Number Of Jobs For Americans In US - Indiatimes.com
Even as anti-immigrant vocalizations grow louder in the Trump-era of the US, desi-born entrepreneurs are steadily climbing to the top of the tech industry.



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President Ram Nath Kovind praises notes ban, GST in first Independence Day speech
President Ram Nath Kovind praises notes ban, GST in first Independence Day speech - NDTV
President Ram Nath Kovind will address the nation on Monday on the eve of India's 71st Independence Day.

Indian Railways capex jumps 36 pct to Rs 32000 cr, retains status as key driver of public capital expenditure
Indian Railways capex jumps 36 pct to Rs 32000 cr, retains status as key driver of public capital expenditure - Financial Express
The Indian Railways has achieved a robust 36% year-on-year growth in capital expenditure to Rs 32,000 crore during April-July 2017, entrenching its status of the last couple of years as a key driver of public capex.



Narendra Modi outlines vision for India @75 in his Independence Day speech
Narendra Modi outlines vision for India @75 in his Independence Day speech - Livemint
PM Narendra Modi, in his Independence Day speech, set a deadline of 2022 for building a New India free of caste differences, corruption and terrorism


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Reliance Jio, Amazon, Twitter to Facebook in fray for IPL media rights
Reliance Jio, Amazon, Twitter to Facebook in fray for IPL media rights - Financial Express
About 20 companies including Amazon Seller Services, Reliance Jio Digital Services, Twitter, Facebook, ESPN Digital Media (India), WPP's media planning agency GroupM, Yupp TV and Discovery, besides both the broadcasters have bought the bidding document for the media rights of IPL, according to sources close to the sports body BCCI.

Advertising India: How companies pitched themselves to citizens of independent nation
Advertising India: How companies pitched themselves to citizens of independent nation - Hindustan Times
A look at the art of luring customers with words and images from the archives of Hindustan Times on August 15,1947.




Mumbai Police Arrest Four For Allegedly Leaking 'Game Of Thrones' Episode Online
Mumbai Police Arrest Four For Allegedly Leaking 'Game Of Thrones' Episode Online
The leaking of the episode on August 4, titled "The Spoils of War," was separate from a recent hack on HBO.





Indian men's hockey team beat Netherlands 2-1, win series
Indian men's hockey team beat Netherlands 2-1, win series
Led by Manpreet Singh, the team last night featured nine players from the junior team, but still, beat an experienced Netherlands squad through goals from Gurjant (4th minute) and Mandeep (51). The final 15 minutes saw India increase their intensity in the attack.

India consolidate no.1 position in ICC Test rankings after Sri Lanka whitewash
India consolidate no.1 position in ICC Test rankings after Sri Lanka whitewash
India most recently recorded a thumping 3-0 whitewash away from home over Sri Lanka. This was preceded shortly by South Africa's series loss to England. India have been the top ranked Test team in the world since October 2016.



Bengali film makers welcome Prasoon Joshi as CBFC chief
Bengali film makers welcome Prasoon Joshi as CBFC chief
Pahlaj Nihalini, who had hogged headlines for his controversial decisions, was sacked and replaced with lyrics writer Prasoon Joshi in a surprise announcement on August 11. As Bollywood celebrates the decision, Bengali directors too are happy about the development.

Dileep's mother writes letter to Kerala chief minister, calls her son innocent
Dileep's mother writes letter to Kerala chief minister, calls her son innocent
Sarojam Pillai in her letter written to the Chief Minister describes her son, Dileep, as an innocent man, who will never "commit such a crime." Dileep has been locked up in Aluva-Sub Jail for allegedly plotting the kidnapping and sexual assault of a popular Malayalam actress.





More pseudo-ransomware attacks are probably on the way
More pseudo-ransomware attacks are probably on the way
The last few months saw some major malware moments, most notably the WannaCry and NotPetya (a.k.a. ExPetr/Nyetya/Petya) attacks. Kaspersky Labs' quarterly..

The new wave of Brazilian SaaS innovators
The new wave of Brazilian SaaS innovators
The SaaS market in Brazil is booming. It mirrors the rapid adoption of SaaS as the dominant cloud computing type in a global public cloud services market..



How your brain decides what is beautiful | Anjan Chatterjee
How your brain decides what is beautiful | Anjan Chatterjee
Anjan Chatterjee uses tools from evolutionary psychology and cognitive neuroscience to study one of nature's most captivating concepts: beauty. Learn more about the science behind why certain configurations of line, color and form excite us in this fascinating, deep look inside your brain.

Why Does Cartoon Food Look So Delicious?
Why Does Cartoon Food Look So Delicious?
Truly a question for the ages.





Jio Phone booking starts at Delhi NCR offline stores; from documents needed to delivery date, know everything
Jio Phone booking starts at Delhi NCR offline stores; from documents needed to delivery date, know everything - Financial Express
Jio Phone booking: Certain offline retailers in the Delhi NCR have started taking pre-orders for Jio Phone.
Defence canteen, India's No. 1 retailer, to go online
Mumbai: The Canteen Stores Department (CSD) — which supplies goods at concessional rates to defence personnel from the Army, Navy and Air Force — is undergoing a makeover.

India's BQ: TRAI Chairman On India's Next Leap In Connectivity
RS Sharma, Chairman of TRAI exclusively writes on BloombergQuint about the future of the telecom industry, policy reforms and trends in the

 

NCLT dismisses Ericsson's opposition to RCom-Aircel merger
The National Company Law Tribunal has set aside the objection raised by Ericsson India Pvt. Ltd, an operational creditor to Reliance .

 





Thousands transferred, branches closed, but no major protests in SBI
Thousands transferred, branches closed, but no major protests in SBI - Economic Times
According to SBI, the projected number of staff to be redeployed due to rationalisation of administrative offices and branches is around 10,616.

IDBI Bank still a prisoner of bad loans as malaise deepens
IDBI Bank still a prisoner of bad loans as malaise deepens - Livemint
IDBI Bank NPA rose 12% sequentially and the bad loans-to-assets ratio bloated to nearly 25%, the highest among lenders



Indian FMCG conglomerate ITC Limited plans launch of (frozen) potato products
Indian FMCG conglomerate ITC Limited plans launch of (frozen) potato products - PotatoPro
As Indian FMCG powerhouse ITC rolls out frozen prawns in select cities in the country, the company has lined up a few more product offerings - including frozen (?) processed potatoes.




What are the 2 key challenges that India's tech industry is facing?
What are the 2 key challenges that India's tech industry is facing? - ETtech.com
The big three IT firms - Tata Consultancy Services, Infosys and Wipro - have struggled to generate revenue momentum from their new-age digital busines..

Are Indians slowly finding feet in Silicon Valley?
Are Indians slowly finding feet in Silicon Valley? - Economic Times
From the likes of Vinod Khosla cofounding Sun Microsystems to Sabeer Bhatia establishing Hotmail to the new crop of leaders including Sundar Pichai becoming the CEO of Google.



Foxconn comes to terms with 80 per cent Snapdeal loss
Foxconn comes to terms with 80 per cent Snapdeal loss - Economic Times
FIH Mobile, the Hong Kong-listed unit of Foxconn, recognised an impairment loss of $160 million related to its investment in Jasper Infotech, which owns and operates Snapdeal.
Amazon India to set up shop at WeWork
Amazon India to set up shop at WeWork - Deccan Herald
WeWork India, an office space sharing startup, is all set to attract Amazon as its new clients at its Bengaluru facility.


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