Friday, April 20, 2018

April 20, 2018 - P G, Nestle, Unilever forgo price increases to move product

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

Robots can build IKEA chairs now! - Quartz
After years of failed attempts, a research team in Singapore has successfully taught a pair of robots to do something that many humans still can't: build an IKEA chair. The wooden Stefan chair is not the world's first piece of AI-assembled flatpack furniture: Robots at MIT built a simple Lack table in 2013. A chair is more complicated. And while a robot can be programmed to do a single assembly-line task efficiently, mastering all of the small tasks that IKEA assembly requires is a bigger challenge. Some of the same things humans struggle with, like fiddling with bags of screws, dowels, and doodads while trying to distinguish the slight variations in shape, are also difficult for robots. Researchers at Singapore's Nanyang Technological University spent three years programming robots to accomplish the specific tasks necessary to build this particular chair. The next stage will be expanding the machines' intelligence to be able to assemble a chair just by looking at a photograph of the final product Read more

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P G, Nestle, Unilever forgo price increases to move product

Quarterly sales growth at Nestle, Procter & Gamble and Unilever was driven almost entirely by shifting more goods, in a stark illustration of how hard it is for consumer products makers to raise prices in a competitive retail environment.

FMCG companies fear consumption slowdown due to cash crunch

Andhra Pradesh, Telangana, Karnataka, Bihar, Gujarat, Delhi, Madhya Pradesh, Chhattisgarh and Uttar Pradesh have been witnessing currency shortage over the past few weeks.



Advt: Conference brochure for Gartner IT Infrastructure, Operations Management & Data Center Summit
Gartner 2018
Covering content that addresses key priorities of IT Infrastructure & Operations leaders in India. Read more

Cyient Q4 net up 16.2% to Rs 121.5 cr

IT firm Cyient today posted 16.2 per cent rise in net profit at Rs 121.5 crore for the quarter ended on March 31, 2018, compared to the year-ago period. The Hyderabad-based company had posted a net pr

TCS Q4 net profit up 4.4% at Rs 6,904 cr

The board recommends a 1:1 bonus share issue



Mobiles to account for 80% of e-retail by 2020: Study
Share of e-commerce purchases made through mobile phones has gone up to 70 per cent in 2017 with data charges becoming more affordable. The share of mobile purchases is expected to touch 80 per cent by 2020, finds a study. The higher usage of mobile phones for purchases is likely to see the launch of mobile-only formats of e-commerce companies.

Prime Added Maximum Users In India In Its First Year In Amazon's History: Jeff Bezos
Prime Added Maximum Users In India In Its First Year In Amazon's History: Jeff Bezos
In its latest Annual Shareholder letter, Amazon Inc. founder Jeff Bezos has claimed that its paid subscription service, Prime, added more members in India in its first year than any previous geography in the company's history.



Advt: Gartner: 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
Advt: Gartner: 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

Allied Digital zooms 10% on one-time settlement of dues with State Bank of India

The board of directors approved one-time settlement of dues to State Bank of India for Rs 60.34 crore.


Income Tax Department conducts searches on McDonald's franchise Hardcastle Restaurants for tax evasion...

Hardcastle Restaurants Pvt ltd (HRPL) is a step down subsidiary of Westlife Development Ltd, a company listed on stock exchanges, including BSE

IHG® Signs Agreement With Al Hokair Hospitality For Holiday Inn Express® In Saudi Arabia

InterContinental Hotels Group (IHG®) has signed a Master Development Agreement (MDA) with Saudi Arabian business conglomerate, Al Hokair Group.



Advt: Gartner: 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

Today's TradeBriefs Cartoon

A round-up of Quarterly employment surveys in India ...

With the latest Quarterly employment survey showing a positive change in jobs created we take a look at the various sources of data on jobs creation and its vital role in improving policy making

2017 saw another healthy year for legal recruitment in India. An overview of key movements, compensation and hiring trends

2017 saw another healthy year for legal recruitment in India, with key trends continuing to reflect both global and regional influences. Vito India Advisors provide an overview of key movements, compensation and hiring trends.



XPO Logistics launches voice-enabled tracking for last mile shipments
XPO Logistics, a provider of last mile logistics for heavy goods in North America, has announced the May launch of Google Home and Amazon Echo capabil

PMO asks aviation ministry, DGCA to follow Sebi model of self-financing

"DGCA will examine the Sebi model of self-financing and also prepare a roadmap for simplification of the processes/procedures, which should include reduction in time for approval," said an aviation ministry official.




Today's TradeBriefs Cartoon

Supreme Court grants Sahara time till 15 May to sell its property inside Aamby Valley

If Sahara is unable to raise money to pay its dues, Supreme Court will give its go-ahead for Aamby Valley auction on 2 June

Recovery in realty seen rubbing off on sanitaryware industry

Hindware and Jaguar expect their budget offerings—H Vitreous and Essco—to grow at a faster clip than premium products due to government's affordable housing scheme



Desi movement: How Indian marketers use nostalgia and local tastes to make products more appealing

Provenance will be another key driver in the marketing world going forward, say marketing experts.

India's first consignment of Alphanso to US begins journey

The first consignment of Alphanso mangoes from the country has left for the US market from Vashi in Mumbai after getting approvals from American quarantine officials.





Russian 'Elon Musk' Found Hanging In Prison. Inquiry Opens Into "Suicide"
Russian 'Elon Musk' Found Hanging In Prison. Inquiry Opens Into
An investigation was launched in Russia on Thursday into the presumed suicide in prison of an entrepreneur dubbed by the media as the "Russian Elon Musk".

PM's "Cavalier" Foreign Policy Conduct Hurting India's Interests: Congress
PM's
The Congress on Thursday hit out at Prime Minister Narendra Modi over his "cavalier" conduct of foreign policy at the Commonwealth Summit and bilateral meeting with British counterpart Theresa May, saying it is "hurting" India's national interests.



Manika Batra hopes her CWG 2018 medals can bring table tennis revolution in India
Manika Batra hopes her CWG 2018 medals can bring table tennis revolution in India
Manika Batra hopes that she has done enough to spark a table tennis revolution in India like Saina Nehwal and PV Sindhu did for badminton.

Asian Games 2018 tougher test for boxers, says India men's boxing coach Santiago Nieva
Asian Games 2018 tougher test for boxers, says India men's boxing coach Santiago Nieva
India men's boxing high-performance director Santiago Nieva commended the boxers for CWG high but said a lot of work needs to be done at tougher events ahead.





Antagonists who overshadowed protagonists in Bollywood
Antagonists who overshadowed protagonists in Bollywood
What is a Bollywood film without an antagonist in it? There have been several actors who stepped into the role of villains in films but very few have been able to leave a mark with their characters in the history of Indian cinema. Here is a list of antagonists/villains who nailed their characters with such perfection that they even overshadowed the protagonist in the film. Scroll down to know them and their characters:

Injured Akshay refuses to leave 'Kesari' sets. What sets him apart from the Khans
Injured Akshay refuses to leave 'Kesari' sets. What sets him apart from the Khans
Akshay Kumar is one actor who has been constantly starring in socially relevant films for quite a while now. Be it 'Jolly LLB 2' or 'Toilet Ek Prem Katha', he went on to make the audiences rethink on a lot of social issues. And with his latest release 'PadMan' focussing on menstrual hygiene, he went on to garner a positive response from all over. The actor is always ready to go that extra mile for his role. The latest news reports cite that Akshay, who was shooting for his upcoming film 'Kesari' in Wai in Maharashtra's Satara district, went onto injure his ribs while he was shooting the action-heavy climax sequence of the film. Needless to say, he was reportedly advised complete rest but the actor refused to take rest and apparently retired to an accommodation in Wai despite the chopper being available at standby. According to reports, the actor will rest for a while and will then decide on the further schedule of shooting. On the work front, the actor is awaiting the release of 'Gold' and Rajnikanth starrer '2.0'.



How To Stop Negative Thoughts From Sabotaging Your Success
How To Stop Negative Thoughts From Sabotaging Your Success
Once you learn to recognize the negative soundtrack from your Tortoise Brain, you can begin the taming process. You can consciously tap into the large part of your "Primate" brain, the neo-cortex that can feel joy, gratitude and has become skillful in intellectual pursuits and reaching goals.

Virgin America's Brand Will Disappear On April 24th
Virgin America's Brand Will Disappear On April 24th
Sweeping changes coming to the newly merged Alaska and Virgin America will largely wipe out the latter brand later this month.





Air Pollution Contributed To More Than 6 Million Deaths In 2016 [Infographic]
Air Pollution Contributed To More Than 6 Million Deaths In 2016 [Infographic]
The annual State of Global Air Report was published on Tuesday by the Health Effects Institute and it found that over 95 percent of the world's population is breathing unhealthy air while long-term exposure to air pollution contributed to the deaths of 6.1 million people in 2016.

5 Common Regrets and How to Overcome Them
5 Common Regrets and How to Overcome Them
We all live with regrets but we can't let them control our lives. There are steps we can take to learn from the experience and move past it.



Walmart's Acquisition Of Flipkart Will Be A Good Deal For E-Commerce In India
Walmart's Acquisition Of Flipkart Will Be A Good Deal For E-Commerce In India
The wooing of Flipkart has made India a key battlefront in the fight between the two American retail giants as they look towards global retail dominance.

India to formulate national policy on e-commerce; think-tank formed by GoI
India to formulate national policy on e-commerce; think-tank formed by GoI
To partake in multi-trillion dollar digital economy and address emerging concerns of ecommerce, privacy and data security, Indian government has moved to develop a 'National Policy on e–Commerce'.





The countries with the fastest internet in the world
The countries with the fastest internet in the world
OpenSignal's February 2018 report throws light on the state of 4G speeds across the world. The report suggests that highest speed has hit a plateau-like stage. For more than a year now, the fastest countries in the world seem to be stuck in a holding pattern, getting close but not surpassing the 50 Mbps threshold for average 4G speed. Let's look at the fastest countries in terms of average 4G speed:

5G to help India telcos implement wireless fiber: Samsung Networks' Srinivasan Sundararajan
5G to help India telcos implement wireless fiber: Samsung Networks' Srinivasan Sundararajan
Srinivasan Sundararajan, network business division head, Samsung India talked about Reliance Jio's 5G preparedness, and possible 5G use cases.



Why internal rate of return should be seen to assess performance

Internal rate of return, or IRR, is most useful when investments are made at regular intervals, such as a systematic investment plan, or SIP

Jio propels Mukesh Ambani to World's Greatest Leaders list

Fortune says in less than two years, Mukesh Ambani brought mobile data to the masses — and completely upended the country's telecom market




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