Wednesday, January 10, 2018

January 10, 2018 - Old Monk's old man is no more

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

What's the second job of a startup CEO!
Successful startups go through three broad phases as they scale, and a startup CEO's job changes dramatically in each phase. A CEO's first job is to build a product users love; the second job is to build a company to maximize the opportunity that the product has surfaced; and the third is to harvest the profits of the core business to invest in transformative new product ideas. This blog post describes how to become a great Phase 2 CEO by focusing on the highest leverage tasks that only the CEO can accomplish. Many Phase 1 CEOs transition successfully into Phase 2, some don't. The future of your startup depends on which kind you are. More here

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Advertisers of the day
BMW: Own the BMW today and pay in 2018
EMERITUS: PG Diploma in Digital Business - Nominate your top performers

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Old Monk's old man is no more

Kapil Mohan, who died of a cardiac arrest, was credited with the success of Old Monk, one of the world's best loved rum brands.

Top 10 Rum Brands In India

Here's ou handpicked top 10 rum brands with their prices in India. Rum is one of the favorite alcoholic drinks, which has an avid fan following among party lovers around the world. Essentially a sugarcane based drink, rum is available in dark rum and white rum variants, used as a drink or in mocktails. 




Today's TradeBriefs Cartoon

Imran Khan Annoyed By "Gutter Media Campaign" Against Third Wedding Plan
Imran Khan Annoyed By
Annoyed by the "gutter media campaign" against his plan to get married for a third time, Pakistan's flamboyant cricketer-turned-politician Imran Khan on Tuesday asked if he had "sold" state secrets to India or "laundered" the country's wealth to deserve a bad press.

"Achhe Din" Have Arrived In Himachal Pradesh, Says Jairam Thakur

Himachal Pradesh Chief Minister Jai Ram Thakur on Tuesday said that "achhe din" (good days) had arrived in the state and that his government would not tolerate corruption at any level.





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Zero Balance Savings Account. Free unlimited transactions* at all Bank ATMs (Know More)


Boom Boom in New York starring Diljit Dosanjh, Sonakshi Sinha, Karan Johar set to release on February 23
Boom Boom in New York starring Diljit Dosanjh, Sonakshi Sinha, Karan Johar set to release on February 23
Boom Boom in New York starring Diljit Dosanjh, Karan Johar and Sonakshi Sinha will release on February 23. The movie also stars Riteish Deshmukh, Lara Dutta, and Boman Irani.



E-commerce startup citiesocial raises $2.75M led by Alibaba's fund for Taiwanese entrepreneurs
E-commerce startup citiesocial raises $2.75M led by Alibaba's fund for Taiwanese entrepreneurs
Citiesocial, a Taipei-based startup that helps emerging brands break into Asia's e-commerce market, has raised $2.75 million led by Alibaba Taiwan..

The Countries Working The Most Hours Every Year [Infographic]
The Countries Working The Most Hours Every Year [Infographic]
After all the relaxation and overindulgence of the holiday season, most people have returned to the office and are back into their working groove. Looking ahead to 2018, workers in some countries are facing a far longer shift than others.





The 6 best moments of the Golden Globes (obviously including Oprah)
The 6 best moments of the Golden Globes (obviously including Oprah)
Sterling K. Brown continues to be incredible.

iPhones and Children Are a Toxic Pair, Say Two Big Apple Investors
iPhones and Children Are a Toxic Pair, Say Two Big Apple Investors
Jana Partners and Calstrs are beginning an unusual activist-investor campaign accusing Apple of failing to do enough to limit smartphone addiction among young users.



CaratLane looking to make a profit by FY20; eyes 300-cr turnover this fiscal
CaratLane looking to make a profit by FY20; eyes 300-cr turnover this fiscal
E-tailer still in 'investment mode'; banking on offline model to shore up revenues

All 84 McDonald's outlets to re-open by weekend: Vikram Bakshi
All 84 McDonald's outlets to re-open by weekend: Vikram Bakshi
McDonald's has raised concerns over the food safety saying there were alleged lapses in food quality and safety level by 'all facets of the supply chain'.





Telecom Commission favours raising spectrum holding limit
Telecom Commission favours raising spectrum holding limit
The Telecom Commission on Tuesday approved raising the cap on spectrum with an operator to 35 per cent in a circle from 25 per cent, giving a boost to mergers and acquisitions in a sector quaking under the heat of intense competition.

 

Consumer organisation seeks Trai's action over poor internet speed
Consumer organisation seeks Trai's action over poor internet speed
The consumer body claims to have conducted survey of around 52,000 people and found that highest average wireless broadband speed being delivered is 4.25 megabit per second.

 



Budget 2018: Assocham Seeks Lower Taxes, Venture Capital Pool For Electronics Sector

Assocham has suggested that venture capital pool may be introduced in the sector and coordinated by a bank/special purpose vehicle or under public-private partnership mode.

World Bank Says India Has Huge Potential, Projects 7.3% Growth Rate In 2018

With an "ambitious government undertaking comprehensive reforms", India has "enormous growth potential" compared to other emerging economies, the World Bank said today, as it projected country's growth rate to 7.3 per cent in 2018 and 7.5 for the next two years.





FMCG revenue seen rising 14.8% in Q3 on better rural demand ...

India Business News: Mumbai, Jan 9 () Fast moving consumer goods (FMCG) players, who have been benched for the past two years, are expected to see a revenue growth of 14.8


Donald Trump drops H-1B visa plan that could get 750000 Indians deported

The Trump administration had faced intense pressure from the technology sector in the US which hires a large number of Indian techies on H1B visas.

Karnataka High Court rules on entitlement of software industries to concessional rate of power tariff under HT2(A) category

On 27 November 2017, the Karnataka High Court (Court) in Cognizant Technology Solutions India Pvt Ltd v. Bangalore Electricity Supply Company and…





Alcatel partners exclusively with Flipkart in India
Flipkart is betting big on footwear to drive sales for its fashion category this ye
Exclusive: Grocery e-tailer Satvacart raises pre-Series A round

The deal also signifies an increasing attempt by Flipkart to maintain an edge over rival Paytm which is also expanding its online marketplace - Paytm Mall.

Digital Payments App PhonePe Gets Out Of Flipkart Shadow; To Offer Independent Fintech Solutions

Flipkart-owned digital payments app PhonePe will now develop insurance and mutual fund-based fintech solutions

Phase 2 Of BharatNet Will Be Completed Ahead Of Time: Telecom Minister

As per Telecom Minister, Phase 2 of BharatNet, which aims to bring Internet access to 150K gram panchayats, will be completed ahead of time.





Yumlok To Open 50 Outlets By 2020
Yumlok also plans to branch out of its home market and establish company owned restaurants and franchises in other parts of the country

#BizTrends2018: Is franchising future-proof?

Modern-day franchising has been with us since the mid-1950s when it made its presence felt in the USA. Subsequently, expansion was swift and within a few short years, the concept had conquered the world.



Relief for H-1B visa holders! Trump administration rejects deportation plan reports

The current announcement provides an extension beyond the stipulated period of six years to all foreign workers, most of them Indians in the IT sector, working in several US companies under the H-1B visa norm.





Government to go ahead with Air India's strategic divestment

Air India has debt of around Rs 60,000 crore, which includes around Rs 21,000 crore of aircraft-related loan and around Rs 8,000 crore working capital loan, according to estimates.

National logistics plan kicks off; division set up in commerce department

An expert on trade issues said the commerce department should project its requirement with the other ministries and intervene in case of a shortfall.






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