Friday, January 19, 2018

January 19, 2018 - Tech industry urges US to keep work permits for H-1B spouses

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

Bespoke apparel market poised to grow exponentially; old school (but exclusive) tailoring is back!
The bespoke shirts and trousers market in the country may still be small, but has the potential to grow exponentially over the next few years with young upwardly mobile people (25-40 years old) wanting a more personalized experience. Consider these top-end brands- Belissimo (meaning beautiful, in Italian), Brunito and Camessi. These brands are fighting it out to carve a niche in the exclusive fashion segment, amongst the rich and the famous. They expect this market to double over the next few year More here

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Tech industry urges US to keep work permits for H-1B spouses

Business and tech industry groups are urging the Trump administration not to halt work authorizations for spouses of immigrants who have specialty worker H-1B visas and are seeking permanent residency

Microsoft sees need for regulation, laws for AI advances

Companies making and selling AI software will need to be held responsible for potential harm caused by unreasonable practices, says Microsoft




Today's TradeBriefs Cartoon

Blow to Make in India, Japanese companies grab all key contracts of Modi's bullet train

Japanese companies will supply at least 70% of the core bullet train components, undermining a key component of Modi's push to make in India.

GPS, panic buttons must on public transport vehicles by April 1

These devices shall be fitted by the manufacturer or dealer or the operators.





Advt: 7th Global Economic Summit 2018 on Global Value Chains: Accelerating MSME Growth, Development and Sustainability.

Global Economic Summit 2018 will analyse the significance of Global Value Chains (GVCs) and Exports. In this age of globalisation, production and services network have transcended national boundaries and the entire world has become one integrated value chain. Companies across the world increasingly source intermediate goods and services from suppliers and service providers across the nations to gain cost efficiency. This Summit is structured with a view to provide an ideal platform for Indian MSMEs to discuss and explore joint ventures, network with government officials, PSUs, multinational organizations, exporters/ importers, financiers and other stakeholders.

For this Milan-based design expert, India is a huge inspiration for her jewelry brand

In India, one of Federica's first bespoke collection were the 2015 Trend Collections, as well as developing brand association with designers like Bibhu Mohapatra and Sabyasachi Mukherjee.

Indian Food Market Expected To Cross USD 540 Billion By 2020- Suresh Prabhu, Union Minister For Commerce ...

The government is working on a strategy on the diversification of India's export basket in a bid to enhance its export presence in the top items of world trade as well as to increase the country's outbound shipments, both in value and quantity, , food safety and standards authority of india, suresh prabhu



Here's What Happens During A US Government Shutdown
Here's What Happens During A US Government Shutdown
President Donald Trump and Republican leaders in Congress are racing to meet a midnight Friday deadline to pass a short-term spending bill to keep the US government open and prevent agencies from shutting down.

France's 'Black Widow' Gets 22-Year Jail Term
France's 'Black Widow' Gets 22-Year Jail Term
A French woman dubbed the "Black Widow of the Riviera" was jailed for 22-years Thursday for poisoning four wealthy elderly men, two of whom died.





Arsene Wenger called referee 'not honest' and 'a disgrace' in rant
Arsene Wenger called referee 'not honest' and 'a disgrace' in rant
The English Football Association published Tuesday the written reasons behind its decision to ban Arsene Wenger

India vs South Africa 2nd Test Day 4: Pendulum swings South Africa's way
India vs South Africa 2nd Test Day 4: Pendulum swings South Africa's way
On a day of gripping Test cricket, South Africa nose ahead by reducing India to 35 for 3 after setting a target of 287.



Benjamin Netanyahu woos India's Bollywood stars 
Benjamin Netanyahu woos India's Bollywood starsĀ 
Bollywood heavyweights and visiting Israeli prime minister meet up at 'Shalom Bollywood' in Mumbai.

Malayalam actor Rima Kallingal questions the treatment of women in films
Malayalam actor Rima Kallingal questions the treatment of women in films
Malayalam actor Rima Kallingal raised valid questions about the internalised sexism in the film industry at her recent TedX talk in Thiruvananthapuram.





Tim Cook says you'll soon be able to turn off the system that slows iPhones as the battery gets older
Tim Cook says you'll soon be able to turn off the system that slows iPhones as the battery gets older
As we learned back at the end of December, Apple has been limiting the maximum performance of iPhones as the batteries within get older. The goal, they've..

Study shows software used to predict repeat offenders is no better at it than untrained humans
Study shows software used to predict repeat offenders is no better at it than untrained humans
COMPAS, a piece of software commonly used in the justice system to predict which offenders will find themselves behind bars again, is no better than..



With Workplace Suicides Rising, Companies Plan for the Unthinkable
With Workplace Suicides Rising, Companies Plan for the Unthinkable
With instances of employees ending their lives at the office on the increase, companies are training managers to spot warning signs and cope with the aftermath.

Facebook became your news diet. Now, it's going to serve you junk.
Facebook became your news diet. Now, it's going to serve you junk.
Facebook became a go-to place for news. Now, it's leaving a vacuum that won't be filled by anything good.





E-retail players Amazon India, Flipkart seek time to adopt MRP norms
E-retail players Amazon India, Flipkart seek time to adopt MRP norms
They are still to fully comply with the January 1 deadline, and have informed government officials that they will need more time given huge inventories of their sellers.

How ecommerce-focussed logistics companies face myriad challenges impeding their growth
How ecommerce-focussed logistics companies face myriad challenges impeding their growth
Ecom-focussed logistics cos are battling the twin pressures of adjusting to a new regulatory regime & shrinking business from the countrys largest firms.



 

Transsion Holdings could launch its edge-to-edge display Tecno ...
Transsion Holdings could launch its edge-to-edge display Tecno ...
The company has now unveiled its latest smartphone series Camon which focuses on camera. Under its Camon series, the company has launched its first smartphone 'Camon i' in India today.





Digital Banking: Physical banks will be irrelevant in next 3 years in ...

Days of physical bank will be over...India will throw huge amount of data, Kant said, adding data analytics would boost financial inclusion in the country.

Punjab Finance Minister Badal favours all-India farm debt waiver scheme

Punjab Finance Minister Manpreet Singh Badal today advocated for an all-India farm debt waiver scheme on the pattern of Punjab.



Basmati export to Iran likely by next week

Rice exporters, who are already getting 20% higher price for basmati compared with last year, said Iran could start import as early as next week.

Cruelty-Free Bill Could See End of Cosmetics Animal Testing in Canada

The Cruelty-Free Cosmetics Act was initially proposed back in 2015, but it is now before the Senate Committee on Social Affairs, Science and Technology.





Ex-CFO Rajiv Bansal's severance payout: Infosys gets notice from SEBI

In October 2017, the company said that its Board "reaffirms the previous findings of external investigations that there is no merit to the allegations of wrongdoing".

Furniture Startup Founders Rake in the Moolah Selling Their Products Online With Customised Options

For this quartet who got into the furniture business with no prior experience in the industry, with an investment of Rs 5 lakh, things have worked out well. Their company achieved a turnover of Rs 18 crore in its second year, says Partho Burman



WhatsApp launches WhatsApp Business for small business

The app has been launched on Google Play in Indonesia, Italy, Mexico, the UK and the US on Thursday, and will be launched around the world in the comi..
Tata CLiQ enters into a strategic partnership with Unicommerce for Omnichannel service

TataCLiQ.com, the Tata group's multi-brand phygital ecommerce business, has entered into a strategic partnership with Unicommerce, India's leading omnichannel solution provider to further enhance the



Paytm To Hit $14 Bn GMV During The Current Fiscal: Vijay Shekhar Sharma

Digital Payment company founder Vijay Shekhar Sharma also revealed that Paytm made 255 Mn transactions last month.

Mobile-based Security Management Solution myGate Raises $2.5 Mn In Funding From Prime Venture Partners

Mobile-based security management solution myGate has raised about $2.5 Mn in its first round of funding, led by Prime Venture Partners.



BreadTalk partners Som Datt Group for India franchise

BREADTALK Group has signed a franchise agreement with Bakekneads, a part of the Som Datt Group, to set up a BreadTalk bakery chain in India's National Capital Region (NCR), which includes Delhi and its surrounding suburbs. Read more at The Business Times.

Varun Beverages gains 2% on franchisee rights acquisition in Bihar

With completion of this acquisition, company will be a franchisee for PepsiCo products across 20 states and 2 union territories of India.




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Tuesday, January 16, 2018

January 16, 2018 - Amazon India creates over 6500 temp jobs ahead of January sale

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

Foreign realty cheers FDI in broking services : The move to introduce foreign direct investment (FDI) without government approval is expected to improve delivery of broking services, suited to a particular standard.
The Union government, in early January 2018, amended rules relating to 100% FDI (foreign direct investment) in construction development in India under the automatic route, without the need for government approval. The decision was taken at a Cabinet meeting, chaired by Prime Minister Narendra Modi in New Delhi, according to an official statement. The amendments include addition of real estate broking services under the construction sector and development of townships, etc. Essentially, it differentiates real estate broking services and eases norms for direct investment in them.. More here

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Amazon India creates over 6500 temp jobs ahead of January sale

Conceptualised and executed by Lowe Lintas Bangalore, Flipkart now aims to establish itself as an ultimate destination for every kind of fashion shopper
Tata Sampann launches ready-to-cook multi-grain khichdi mix

Conceptualised and executed by Lowe Lintas Bangalore, Flipkart now aims to establish itself as an ultimate destination for every kind of fashion shopper


Today's TradeBriefs Cartoon

 

Morgan Stanley Marks Up Valuation Of Foodtech Unicorn Zomato To $2.5 Bn

The research firm of Morgan Stanley has marked up the valuation of homegrown foodtech unicorn Zomato to $2.5 Bn.



WAFL enters India, announces its first outlet in Delhi

New Delhi, Jan 15 (UNI) The fastest growing Waffle chain - WAFL having 50 plus Quick service restaurants (QSR) outlets all over the world, is all set to enter India as it has announced its first flagship QSR opening in Delhi.

GST: FMCG, IT firms get cold feet after peers get anti profiteering notices

The anti-profiteering clause points that the input tax credit benefits must compulsorily be passed on to the consumers.



Advt: Employee Banking privileges tailored just for you.

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

Forget all doomsday forecasts, India's IT employment will double in five years

Employers will be increasingly frugal with training budgets, but employees have options that include external certifications, MOOCs, building applications for fun alongside a community to practice, code challenges, and hackathons.

NBFCs on a hiring spree, look to acquire talent at CXO level

Senior-level talent from multinationals, ecommerce and other financial services companies have been gravitating to the NBFC space amid a top-level hiring boom in the sector.



Air India to be split into four before sale, says Aviation Minister Sinha

Stake sale of Air India will be split into four separate firms and will be completed by end of 2018.

Ring roads worth Rs 36,290 cr in 28 major cities planned: Nitin Gadkari

The government is planning to build ring roads in the country's 28 major cities at an







Auto Expo 2018: Big brands opt out; is the biennial show losing its mojo?

OEMs say that after losing business and money on transition to GST and BS IV, players are cautious about investments in branding and marketing this year

Wavemaker India retains Perfetti Van Melle India's media duties

The Union Cabinet, in a landmark move for Indian retail, announced some noteworthy changes in norms pertaining to single-brand foreign direct investments (FDI) in India, thereby making it considerably easier for global retailers to gain access to the highly dynamic and fast-growing Indian markets





Remember Consequences Of Hasty Policies, D Raja To PM Modi On Air India
Remember Consequences Of Hasty Policies, D Raja To PM Modi On Air India
CPI leader D Raja has written to prime minister Narendra Mosi saying the government should hold a debate on the proposed disinvestment of Air India as it will have long-term consequences for the country.

Nepal Gang Promised Jobs In RAW In Lieu Of Lakhs, Busted By Police
Nepal Gang Promised Jobs In RAW In Lieu Of Lakhs, Busted By Police
Nepal Police on Monday arrested 6 persons claiming they have busted a gang of fraudsters who duped over 60 people by promising them jobs in India's external intelligence agency RAW.



PBL Final: Hyderabad Hunters beat Bengaluru Blasters 4-3 to lift title, key updates
PBL Final: Hyderabad Hunters beat Bengaluru Blasters 4-3 to lift title, key updates
Hyderabad Hunters beat Bengaluru Blasters 4-3 to lift Premier Badminton League 3 title.

FIFA condemns Spartak Moscow's discriminatory tweet
FIFA condemns Spartak Moscow's discriminatory tweet
FIFA has condemned a racially-charged tweet by Russian champions Spartak Moscow which again spotlighted concerns about racism in this year's World Cup host nation.





Salman Yusuff Khan: I'm enjoying choreographing Bigg Boss 11's finale acts
Salman Yusuff Khan: I'm enjoying choreographing Bigg Boss 11's finale acts
Popular reality show Bigg Boss 11's finale acts have been choreographed by Salman Yusuff Khan. The show's finale will air tomorrow.

Thaanaa Serndha Koottam box office: The Suriya film gets a huge Pongal opening
Thaanaa Serndha Koottam box office: The Suriya film gets a huge Pongal opening
Apart from Suriya's Thaanaa Serndha Koottam, two other films have released on Friday. But it looks like TSK is leading the box office race.



Inside Discussions At CES On The Convergence of Big Emerging Tech And Music
Inside Discussions At CES On The Convergence of Big Emerging Tech And Music
Insiders talk about the impact of new tech such as AI, VR and AR on the music industry

Amazon's Grocery Sales Increased After It Devoured Whole Foods
Amazon's Grocery Sales Increased After It Devoured Whole Foods
Whole Foods' brand items like bacon, coconut water and frozen blueberries helped Amazon gobble up more U.S. online grocery sales last year. Products carrying the natural foods chain's brand helped push sales at Amazon's online grocery-delivery service, AmazonFresh, up 35%.






Parents' Dilemma: When to Give Kids Smartphones
Parents' Dilemma: When to Give Kids Smartphones
The battle for the attention of America's children pits parents against some of the world's most advanced companies. It is a fight as lopsided as it sounds..



Organised retail share in India to touch 10% by 2020: Crisil
Organised retail share in India to touch 10% by 2020: Crisil
The impact of relaxation in FDI rules in single-brand retail would be more pronounced in the apparel, luxury goods, home decor, footwear, and electronics segments, says Crisil Ratings

Lite Bite Foods eyes travel retail, institutional catering segements
Lite Bite Foods eyes travel retail, institutional catering segements
Bags master concessionaire rights for three new airports





Digital India can greatly benefit from 5G technology: Huawei
Digital India can greatly benefit from 5G technology: Huawei
Huawei's Wireless Marketing Director, Coelho Alves said that Indian government's ambitious Digital India programme will greatly benefit from the 5..

 

India's active mobile subscriber base drops to 1 B due to loss in RCom connections: TRAI
India's active mobile subscriber base drops to 1 bn due to loss in ...
Airtel, Vodafone, Idea, and Reliance Jio now account for 81 percent of mobile connections.India's telecom subscriber base registered a monthly drop of 1.32 percent to reach 1,185.88 million connection...

 



Budget 2018 date: Day, time of FM Arun Jaitley's budget speech, economic survey and Budget session

Budget 2018 date: The much-awaited Union Budget is here. People, industry bodies and politicos are all waiting for the Modi government's fifth budget. Finance Minister Arun Jaitley will present the budget in Parliament. The Budget 2018 is crucial as this would be the Narendra Modi government's last full-fledged budget before the big 2019 Lok Sabha Polls.

Ease Regulations for New Bank Permits, Brookings Urges India ...

Private equity firms invested $23.8 billion across 591 deals in 2017, making it the biggest year for PE investments in India, says a report.





Uttarakhand government moves to conserve fading Doon Basmati ...

Doon Basmati, a rice variety known for its rich aroma and distinctive flavour, is fading fast as the area where it is grown is getting lost to fast paced urbanisation

How did India's top restaurants fare on the Himalayan Raw Fine ranking

These spaces are chanting a holistic food mantra



Alibaba-owned enterprise chat app, DingTalk now available in India

The English version of the DingTalk app, also available in Malaysia, is the first concerted push outside of China since launching three years ago.



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