Tuesday, April 10, 2018

April 10, 2018 - PayPal To Deepen Its India Presence; To Focus On Tier II & III Cities Too; Says MD Anupam Pahuja

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

The Debt Matrix : 68 companies, with a debt of over Rs 5000 crore each, account for two-thirds of total debt of the corporate sector. Debt servicing ability remains a concern.
The power industry leads the corporate sector with the highest levels of debt at Rs 361,574 crore, followed by refineries, at Rs 220,716 crore, iron and steel at Rs 211,996 crore, and telecom, at Rs 182,618 crore. Read more

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PayPal To Deepen Its India Presence; To Focus On Tier II & III Cities Too; Says MD Anupam Pahuja
PayPal To Deepen Its India Presence; To Focus On Tier II & III Cities Too; Says MD Anupam Pahuja
In a slew of moves made by PayPal, the global digital payments giant is showing its keenness to work towards dominating the Indian market. In a recent conversation with Inc42, Anupam Pahuja, MD of PayPal India emphasised on the fact that PayPal takes the Indian market very seriously.

After ICA, Now Reliance Retail, Future Group Alleges Ecommerce Giants For FDI Violation
After ICA, Now Reliance Retail, Future Group Alleges Ecommerce Giants For FDI Violation
A group of brick and mortar retailers including Future group and Reliance Retail have alleged that ecommerce companies like Flipkart, Amazon India are violating FDI rules by "influencing prices on their platforms and illegally funding "abnormal discounts."



Agenda focused on your top MCP's
Gartner 2018
Covering content that addresses key priorities of IT Infrastructure & Operations leaders in India. View Full Agenda

Post office account holders can avail digital banking service from May

India Post has plans to link all 155,000 post office branches with the IPPB

UK-based digital identity app Yoti enters India; to profile users of dating site Truly Madly

Yoti would initially partner dating app Truly Madly, profiling its users to create a safer community of online daters.



'Drunken Monkey' to triple Smoothie Bar chain to 150 by 2019

Drunken Monkey says its fresh fruit smoothies and shakes are made from 100% natural local produce, without any artificial flavors, preservatives or even ice.

What makes Indian vegetarians different from Westerners who have given up meat?

In the West, it's an act of rebellion. In India, it's largely driven by conformity to traditional social norms.



Top 10 Technology Trends Impacting Infrastructure & Operations for 2018
Gartner 2018
Gartner project 10 trends that will have an impact on I&O teams and how IT operates, plans, enhances internal skill sets and supports the business over the next few years. Read more

IREC 2018

Companies now look to use data analytics to predict employee behaviour: First Advantage India MD

During exit interviews, a deep dive into an employee's past will be done to find out his/her behaviour can be generalised for an institute, region that they belong to

CEOs live it up closer to workplace

Many CEOs are showing preparedness to move beyond their established comfort zone of south Mumbai, which refers roughly to the stretch from Cuffe Parade to Mahim.



Commercial seaplane service set to become reality soon: Govt

Civil Aviation Secretary R N Chaubey said single engine twin pilot planes would operate between routes which would be within the "gliding time" of the aircraft.

Delhi's IGI Airport breaks into world's top 20 busiest

The ranking is based on the preliminary passenger traffic results for the most-travelled airports in 2017, released by the ACI.




IREC 2018

Today's TradeBriefs Cartoon

What's wrong with Indian real estate?

Is the end of the biblical drought of capital for real estate in India anywhere near? Will real estate again become a favoured asset class for international investors? Sadly, the answers is no

SC clears way for auctioning of Unitech's assets

The court was also informed of new prospective buyer, Shapoorji Pallonji & Co. Pvt. Ltd for the company's land in Bangalore for which it was willing to pay Rs110 crore



How marketing capabilities shape financial performance

This research identifies the pathways through which market-facing business processes add value to the firm's financial performance

Big consumer brands losing market share to smaller rivals

Increasing internet penetration, growth of private label brands from retailers among reasons for shift




Today's TradeBriefs Cartoon

Trump Optimistic About North Korea Summit, Suggests It Could Slip To June
Trump Optimistic About North Korea Summit, Suggests It Could Slip To June
President Donald Trump expressed optimism Monday about his proposed summit with North Korean leader Kim Jong Un, which he said will take place in late May or early June, the most specific time frame the White House has yet offered.

US "Will Respond" To Syria Attack Regardless Of UN Action: Nikki Haley
US
The United States "will respond" to a deadly chemical weapons attack in Syria regardless of whether the United Nations Security Council acts or not, US Ambassador to the United Nations Nikki Haley said on Monday.



Bayern Munich overcome bizarre own goal to clinch another title
Bayern Munich overcome bizarre own goal to clinch another title
Bayern Munich clinched a sixth successive Bundesliga title with five games to spare on Saturday by winning 4-1 win at Augsburg despite falling behind to a bizarre own goal.

Zinedine Zidane rules out Real Madrid guard of honour for Barcelona
Zinedine Zidane rules out Real Madrid guard of honour for Barcelona
Real Madrid coach Zinedine Zidane said on Saturday his side will not offer runaway La Liga leaders Barcelona a guard of honour before the 'Clasico' next month if the Catalans are crowned champions before then.





Francis Ford Coppola's The Godfather II: A lesson in how to make sequels
Francis Ford Coppola's The Godfather II: A lesson in how to make sequels
Oscar-winner director Francis Ford Coppola's The Godfather II was so good that it outshined its prequel, the very acclaimed and path-breaking film The Godfather. Here's why the part two of the series is so highly regarded.

Salman Khan verdict: How Bollywood's Bhai enjoys unfettered fandom despite being controversy's favourite child
Salman Khan verdict: How Bollywood's Bhai enjoys unfettered fandom despite being controversy's favourite child
Not only have Salman Khan's fans given him a demi-god kind of status but even his contemporaries dare not cross his path. But that is only half the story. Controversies and Salman have also always gone hand in hand.



Mark Zuckerberg's Mission: Stay Cool in a Very Hot Seat
Mark Zuckerberg's Mission: Stay Cool in a Very Hot Seat
Facebook CEO Mark Zuckerberg faces lawmakers this week in what are likely to be contentious hearings about privacy that will be a broader test of how effectively he can guide his social-media giant.

China's SenseTime, the world's highest valued AI startup, raises $600M
China's SenseTime, the world's highest valued AI startup, raises $600M
The future of artificial intelligence (AI), the technology that is seen as potentially impacting almost every industry on the planet, is widely acknowledged to be a war between tech firms in Americ…





How I use the drum to tell my story | Kasiva Mutua
How I use the drum to tell my story | Kasiva Mutua
In this talk-performance hybrid, drummer, percussionist and TED Fellow Kasiva Mutua shares how she's breaking the taboo against female drummers in Kenya -- and her mission to teach the significance and importance of the drum to young boys, women and girls. "Women can be custodians of culture, too," Mutua says.

The World's Happiest Countries, Prettiest Airport and More
The World's Happiest Countries, Prettiest Airport and More
Passport by ForbesLife chronicles the latest in luxury travel, drinking and dining, fashion—and life's other indulgences.



'We want 50% stores in tier I and the other half, in tier II': Janne Einola, CEO & Country Head, H&M India
'We want 50% stores in tier I and the other half, in tier II': Janne Einola, CEO & Country Head, H&M India
Swedish fashion retailer H&M might be facing inventory issues in the US currently, but in India, the brand seems to be doing fine.

Future Retail launches first Big Bazaar Gen Nxt store in Delhi
Future Retail launches first Big Bazaar Gen Nxt store in Delhi
Rakesh Biyani, joint MD at Future Retail, says Big Bazaar expects 70,000-100,000 weekly walk-ins at the new store at Ambience mall in Vasant Kunj, Delhi





Telecom operators are providing India with world class infrastructure, the call drop problem has been managed
Telecom operators are providing India with world class infrastructure, the call drop problem has been managed
This is in response to the article 'Torrent of call drops makes Digital India sound like a joke. One answer: Segregate voice from data', authored by Sandip Sen (March 29, 2018). The author has wrongly...

FORME Mobiles looks at larger play in smartphone segment
FORME Mobiles looks at larger play in smartphone segment
Chinese firm eyes smaller towns to expand presence



L&T arm bags ExxonMobil deal, expects $20 million revenue in first year

L&T Technology Services will help geoscientists with improved data availability, enhancing the speed and efficiency of analysis and evaluation

Logistics start-up Loadshare raises funding from Stellaris Venture and Matrix Partners

Loadshare will use the fresh funding to strengthen its core leadership team, expand into new geographies, and to scale its technology base





Tirumala Milk's Naidu back in business with new firm Vallabha Milk Products

Naidu, an active dairy farmer-turned-entrepreneur who wasnt keen on exiting Tirumala Milk but had to accede to the decision of majority of his partners.

Coke launches Thums up no-sugar

Coca-Cola VP marketing Vijay Parasuraman said Thums Up was the beverage maker's first home grown brand in a no-sugar variant.



UIDAI brings digitally-signed QR code with photo for eAadhaar

The UIDAI has brought in secure digitally-signed QR Code on e-Aadhaar that will now contain photograph of the Aadhaar holder too, in addition to demographic details, to facilitate better offline verif

Lloyds Bank's big tech spend to aid Indian IT

Business News: TCS, Wipro, Cognizant and Virtusa are among its current outsourcing partners.Industry experts estimate that these four IT companies already receive an




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