Trending: Feb 17- Feb 24 : Paytm to launch new retail offering as Walmart to invest in rival Flipkart

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Invite Friends   Sree Vijaykumar From the Editor's Desk Commercial coal mining for private sector most ambitious reform since nationalization of coal mining The latest approval for opening up of commercial coal mining for private sector is seen as the most ambitious coal sector reform since the nationalism of this sector in 1973. It is also seen as boosting the national economy with large scale generation of employment and operational efficiency for corporates. It should be noted the Union Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi approved the methodology for auction of coal mines and blocks for sale of coal under the Coal Mines (Special Provisions) Act, 2015 and the Mines and Minerals (Development and Regulation) Act, 1957. More here Advertisers of the day EMERITUS: Get future ready with the Digital Marketing course by Columbia Business School Executive Education EMERITUS: Learn Digital Marketing from Prof. David Rogers, faculty at Columbia Business School Executive Education | Starts March 2018 Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails (B2B Decision-Makers, B2C Decision-Makers, TradeBriefs Premium).     Paytm to launch new retail offering as Walmart to invest in rival Flipkart The O2O wars have entered India with Paytm offering a new retail experience in New Delhi as rival Flipkart is rumoured to be offering as much as 40% of its shares to Walmart. India is buzzing with entrepreneurial energy, says IBM's Chief Digital Officer Evincing excitement about the 'convergence of data science and software' in India, Bob Lord, Chief Digital Officer of IBM, says the IT major is focusing on making India's developer/startup community s... India's Reliance, global tech firms to invest $9.3 billion in industrial area India's Reliance Industries Ltd and global technology companies will invest 600 billion rupees ($9.34 billion) over 10 years to set up an integrated industrial area in the western state of Maharashtra, the company's chairman Mukesh Ambani said. Justin Trudeau Starts India Visit With A Trip To Taj Mahal: 10 Updates Canadian Prime Minister Justin Trudeau and his family have reached Agra for a visit to the iconic Taj Mahal. The Trudeaus landed in Delhi last evening on a week-long visit to India that's expected to deepen ties as much with New Delhi as with Indians in Canada. The 46-year-old Prime Minister, who once remarked that he had more Sikhs in his cabinet than PM Narendra Modi, is accompanied by a chunk of his cabinet ministers. This trip, he said, was focused on creating jobs and strengthening the "deep connection" between the people of the two nations. Consumers against extra GST on discounted MRP by e-commerce sites: Poll A majority of consumers surveyed for a poll have raised concerns over addition of GST on discounted prices of products being sold by e-commerce sites .. The Indian artist challenging 'dirty taboos' on Instagram Kaviya Ilango is getting attention for her satirical and poignant sketches of "millennial problems". Wall Street Has Solved A Big Problem For Bitcoin Wall Street has paved the way for merchants like Starbucks and Dunkin Donuts to accept Bitcoin as a form of payment for coffee and lattes. Love at work. Crushing on a co-worker? These HR tips can ensure your romance remains respectful- Livemint Crushing on a co-worker? These HR tips can ensure your romance remains respectful Now you can shoot enemies out of the sky like Iron Man using augmented reality Kids have it so good nowadays. PSA banking on new terminal at JNPT to expand in India PSA's US$1.2 billion Bharat Mumbai Container Terminals (BMCT) was officially opened at Jawaharlal Nehru Port on Sunday. Read more at The Business Times. Is Google Chrome Blocking Your Ads?...And Other Small Business Tech News This Week Here are five things in technology that happened this past week and how they affect your business. Did you miss them? "Give Me Peace, I Will Pursue Dialogue," Says Mehbooba Mufti "Give me peace, I will pursue dialogue", Jammu and Kashmir Chief Minister Mehbooba Mufti on Sunday, appealed to the people of the state, and said her government's agenda was to take them out of the mess of violence. Pakistan borrows $500 million from China Pakistan has contracted another foreign commercial loan of $500 million from the Industrial and Commercial Bank of China (ICBC) to shore up its depleting reserves Congress, Samajwadi Party To Contest UP Lok Sabha Bypolls Separately The decision of the Congress and Samajwadi Party to go separate ways in the bypolls for two Lok Sabha seats in Uttar Pradesh may have brightened the BJP's prospects of retaining these seats even as the party claimed it would rely on its hardwork and strength. At Paris meet, India to highlight Pakistan's role in terror funding India's move to keep Pakistan in the dock comes as terrorist attacks in Kashmir seem to be spiking Row Over Madhya Pradesh Minister Yashodhara Raje's Message To Voters If you vote for panja (hand), you will not get the benefits of various schemes run by the government, senior BJP leader Yashodhara Raje Scindia told voters in Madhya Pradesh's Shivpuri on Saturday. She was campaigning for the BJP candidate in Kolaras for the upcoming bypolls necessitated after the death of Congress lawmaker Ram Singh Yadav. Qualcomm should negotiate with Broadcom on a deal, ISS says Qualcomm's optimistic vision of the future would likely resonate more effectively among shareholders if its track record was more like that of its would-be acquirer, ISS wrote Coca-Cola and its bottling partners in India plan to invest $5 bn till 2020 The largest bottling unit of the US-based beverages, which had announced its goal in November, has also unrolled state-wise business plans this year A peek inside Infiniti Mall's precinct Shopping malls today are just not a just a venture representing merchandisers and interconnected walk ways enabling consumers to shop from unit-to-unit, but are the heart and soul of communities. Malls are no longer primarily focused on retail but have become a place where consumers are looking for experiences that go well beyond traditional shopping. … India the promised land for foreign brands India is seeing an explosive growth in retail and the engine for this growth is the mall. There is a vast improvement in standard of living, factors like price consciousness has decreased, and the advent of technology (mobile and e-commerce) are leading to consumers demanding latest trends and products at par with the world's best. … Ookla: Speedtest provider Ookla says actively working with Trai in ... In India, Reliance Jio and Bharti Airtel had locked horns last year after Ookla certified the Sunil Mittal-led telco as the fastest network in the cou.. Amazon India crosses 3-lakh sellers mark on its marketplace Amazon has always believed in working seller backwards and have been constantly innovating to address challenges that are unique to Indian sellers, Pi.. India aspires to and moving towards a $5 trillion economy: PM Narendra Modi On Maharashtra, Modi said during the past three years, this state has initiated unprecedented measures to lure foreign investors on all fronts, led by Devendra Fadnavis. Home Credit Finance to expand in TN Home Credit India Finance, which started India operations in 2012, is looking at expanding to 497 cities in the country by 2020.Artem Popov, Chief Sales Officer of Home Credit, told presspersons here IIM Bangalore placements: Offers pour in from 140+ companies in India and abroad Among banks and financial firms, ICICI Bank made the maximum of nine offers. Others included Yes Bank (6), Kotak (5) and National Housing Bank (2). Impact of GST on restaurant industry positive: Survey More than 70 per cent of the restaurant owners in the two cities believed GST is a positive decision for the industry, while 68 per cent businesses fe.. Retailers accused of levying GST over MRP As per a survey conducted by LocalCircles, consumers stated that many e-commerce sites, store retailers and traders have been charging GST on discounted MRP. Yogi Adityanath's priorities: Jobs, law and order, reviving industry in Uttar Pradesh Yogi Adityanath, chief minister of Uttar Pradesh, signals convergence of economics, politics ahead of his govt's first anniversary Businesses Move To The Midwest, First Stop: Columbus As venture capital continues to grow on a national scale, investors are looking to the Midwest for the next round of billion-dollar companies. Mukesh Ambani Announces to set up First Integrated Digital Area in Maharashtra He said on the opening day of Magnetic Maharashtra: Convergence 2018 in Mumbai NITI Aayog To Bring Out A Discussion Paper On Blockchain Technology NITI Aayog, the policy flag-bearer of the government's entrepreneurship and technology mission, will be coming out with a discussion paper on blockchain technology. The discussion paper aims to conduct viability studies on using blockchain technology for land and health record modernisation. Angel Tax: Indian Startups May Get Policy Boost From Indian Govt. Besides angel tax relief from Section 56 (II) of Income Act for startups, the angel investment networks want certain exemptions from the Indian government under Section 42 of Companies Act The Man Behind Angry Birds On Creating Europe's Silicon Valley, India-Nordic Collaboration And More Inc42 caught up with the Peter Vesterbacka, the man behind the undying fame of Angry Birds mania for an exclusive conversation about his visit to India, his views on education and the Indian startup ecosystem, his knowledge about global trends & to shed more light about the India-Nordic collaboration. Minister Jitendra Singh Invites Young Startups To Explore Northeast For Their Ventures In a bid to attract entrepreneurs to the Northeastern part of India, Minister for Development of North-Eastern Region (DoNER) Jitendra Singh has invited young startups from pan-India to come to the Northeast and try their fortune through unexplored potentials of the region. Online Lending Startup Aye Finance Bags $3.8 Mn From Hinduja Leyland Finance And IntelleGrow Online lending startup Aye Finance has raised $3.8 Mn (INR 25 Cr) from three investors, including Hinduja Leyland Finance and IntelleGrow. Google Owned Digital Payments App Tez Now Allows Utility Bill Payments Google India has announced the launch of a new feature that is designed to help users make utility bill payments through digital payments app Tez. Startup Events To Attend This Week: TiE Global Summit, Retail Leadership Summit And More Powered By Inc42 BrandLabs Powered By Inc42 BrandLabs We bring to you the latest edition of the startup events to attend this week! Under the leadership of PM Narendra Modi, the Indian states are becoming a frontrunner in creating startup-friendly infrastructure. The year 2017 witnessed a number of such initiatives taken by the states to … 34 New Indian Tech Startup Funds Launched In 2017 Over 34 new tech startup funds were launched in 2017, reveals Inc42's Annual Indian Tech Startup Funding Report 2017. How HealthTech Startup HappyDNA Looks To Tap The Preventive Healthcare Space For Kids Kolkata-based B2B startup HappyDNA is aiming to herald preventive healthcare solutions for kids aged between 1.5-7 years in India Startup Accelerator Espark-Viridian Invites Applications For March'18 Cohort Delhi NCR-based startup accelerator Espark-Viridian is inviting applications for the March cohort of its #AccessXcceleration programme. Contaminated Cosmetics Pose Growing Risk to Consumers A rash of product recalls, government warning notices and contaminated cosmetics may finally push Congress to give our broken cosmetics law a makeover. Narendra Modi's rise in import tariffs will hurt India's economy Consumers not happy with discounted products on e-commerce ... New Delhi: Consumers are discontent with the over-addition of GST on discounted products on popular e-commerce sites and retail stores, revealed a poll. The consumers have also urged the government to act against this "unfair" practice. Local Circles, a social engagement platform, said the sellers are charging Goods and Services (GST) tax on discounted MRP, thus it does not actually translate into the actual discount promised by them to the buyers.   Shoppers Stop to launch 5 department stores in FY19, says MD Shrikhande Shrikhande was speaking on the sidelines of a two-day Retail Leadership Summit in Mumbai. What India can learn from Thailand: For universal healthcare, invest ... Thailand spends as much of its GDP on health as India, yet it offers the entire range of healthcare services to all citizens for free. Maldives president seeks approval to extend state of emergency by 15 days Maldives President Abdulla Yameen has sought parliamentary approval to extend a state of emergency for 15 days in the Indian Ocean archipelago as 'the situation has not changed' We still aim to open 30 more stores here in 30 months, says CEO and country manager of H&M India Focus on fast fashion at the right price and at the right location has helped Swedish fashion retailer Hennes & Mauritz (H&M) record strong growth in India. Humans sow seeds of destruction by abusing poor robot just trying to walk through a door You may remember last week that Boston Dynamics' latest robot has learned to open doors. Seems like at this point you don't want to anger them. They will find.. Trump Lashes Out At Oprah On Twitter, Calling Her 'Insecure' After an early morning tweetstorm Sunday, President Donald Trump took to Twitter again later that night, this time lashing out at whom some hope will be a 2020 rival: Oprah Winfrey. Wavemaker and Ogilvy introduce an Effectiveness Lab in India The first area of study by the Effectiveness Lab will be branded content Vijay Hazare Trophy 2018: Opportunity knocks, door ajar for domestic players An unsettled ODI middle-order means domestic players can use Vijay Hazare Trophy knockouts to prove their worth. Assam Minister Defends Priyanka Chopra's Dress In Tourism Calendar A day after the opposition Congress legislators in the Assam legislative Assembly demanded removal of actress Priyanka Chopra as the brand ambassador of Assam tourism, State Tourism Minister Himanta Biswa Sarma came to her rescue and said that a section of the Congress legislators are trying to get "cheap publicity out of the issue". Ranjan Kumar Mohapatra takes over as Director (HR), IOC Mohapatra holds a graduation degree in mechanical engineering from BITS, Pilani, with a Post-Graduate Diploma in management from Xavier Institute of M.. India's biggest innovators to participate in MIT conference India' s biggest innovators and thought-leaders will explore ways of transforming economic, social, cultural and technological landscape of India at an annual conference at the prestigious Massachusetts Institute of Technology this year. Ericsson appoints Priyanka Anand as VP, HR Head for MOAI Priyanka presently leads an HR team of 60 resources, spread across more than 10 countries, driving HR strategy across different countries within the Market Area. TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India

February 21, 2018 - E-commerce rising: Tier-2 cities to have more than 5 crore online shoppers by year-end

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Invite Friends   Sree Vijaykumar From the Editor's Desk Vijay Shekhar Sharma of PayTM seems a disturbed man. His recent protests (and those of some in the Indian venture ecosystem) against Whatsapp adding payments as a feature for Indian users reflects the scary reality that PayTm has a chance of getting disrupted soon. Flipkart's PhonePe and even Google's Tez did not attract such attention because of something called 'user acquisition'. Each player had to invest in the slow and painful process of acquiring users, the way PayTM did. With the Indian Whatsapp user (and the key point is that there are already 200 million of them) spending more than 50 minutes a day on it, getting them to use a possibly frictionless payment option might just sound the death knell for PayTM. To begin with, it's still person-to-person, but merchants will eventually get access and you could be making most of your digital payments through Whatsapp. This is exactly what WeChat enables in China. While China chose to keep foreign internet companies out, it's too late for India to go down that path. While the rejection of Facebook's Free Basics had a sound idealogical basis (net neutrality), VSS is unlikely to find too much public support for this 'foreign invasion' Advertisers of the day EMERITUS: Get future ready with the Digital Marketing course by Columbia Business School Executive Education EMERITUS: Learn Digital Marketing from Prof. David Rogers, faculty at Columbia Business School Executive Education | Starts March 2018 Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails (B2B Decision-Makers, B2C Decision-Makers, TradeBriefs Premium).     E-commerce rising: Tier-2 cities to have more than 5 crore online shoppers by year-end The RedSeer report also adds that the online cab industry which grosses nearly 20 lakh daily rides in India is expected to go up to 50 lakh rides by 2020. Local peers fret and fuss as global giants enter Indian digital payments segment We are not against foreign players as they help expand the ecosystem. But theres no level playing field. Norms have been relaxed for them, says Sharma. Adoption of digital technologies in India at an all-time high: Dell EMC's Rajesh Janey The rising realisation among Indian businesses about the positive impact of emerging technologies to provide real-time response to customers have spur.. Digital India to create 50-75 lakh jobs: Ravi Shankar Prasad The NDA government is on a mission to make India's digital economy a trillion dollar economy in the coming five years with a potential to create 50 lakh to 75 lakh jobs, said Union Minister of Law and Kiddie Academy® Named Among Best Franchises in the World for 2018 Kiddie Academy® announced the company was recently named among the top 100 franchises in the world by Entrepreneur's 2018 Franchise 500 Ranking. Four movie franchises that need to end, or change tack to survive I thought the fifth film would at least try and be different and boy, was I wrong. Here was yet another forgettable villain in Javier Bardem's Captain Salazar. After two films of Davy Jones, and the even more forgettable Blackbeard, I had thought this time would be better.  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. News in Numbers: 87,000 manufacturing jobs lost from April-June 2017 In other news, 24 companies and 18 businessmen reportedly filed criminal complaints against Nirav Modi and Mehul Choksi for fraud and breach N. Chandrasekaran completes one year as Tata Sons chairman, stabilizes group After managing to fix the profitability challenge at group firms, Tata Sons chairman N. Chandrasekaran is simplifying the conglomerate's structure to make it more agile and aggressive, and is doing his bit to unlock investor potential Parliamentary panel discusses issues related to Air India stake sale ... An official present at the meeting said that issues related to Air India stake sale and the ministry's demands for grants were discussed. Bangladesh seeks access to Kolkata port for exports, imports Keen to attract Indian investments in SEZs on the border Nirav Modi Letter | You killed my brand! In a letter, dated February 15/16, the celebrity jeweller Modi requested the bank to let him pay the salaries to his 2,200 employees from the balance available in the current accounts of the Nirav Modi Group. Weyco Group changes strategy for its Florsheim brand in India Weyco sees India as its single-biggest opportunity and has tied up with local firm Samar Lifestyle to produce and distribute its Florsheim brand of shoes in the country Mike Pence Was To Meet N. Korea Officials Secretly, Then They Pulled Out Vice President Mike Pence departed for a five-day, two country swing through Asia earlier this month having agreed to a secret meeting with North Korean officials while in South Korea at the 2018 Winter Olympic Games. Assam Minister Defends Priyanka Chopra's Dress In Tourism Calendar A day after the opposition Congress legislators in the Assam legislative Assembly demanded removal of actress Priyanka Chopra as the brand ambassador of Assam tourism, State Tourism Minister Himanta Biswa Sarma came to her rescue and said that a section of the Congress legislators are trying to get "cheap publicity out of the issue". I am happy to bowl to MS Dhoni in nets rather than match, says Mitchell Santner Mitchell Santner said he is happy to be bowling to MS Dhoni in Chennai Super Kings nets rather than in a match situation in the upcoming Indian Premier League. Bhuvneshwar Kumar's Knuckleball: Floats like a butterfly, stings like Bhuvi Zaheer Khan first showed the true wicket-taking potential of the knuckleball and now Bhuvneshwar Kumar has evolved it into an art form. Top 5 Marvel Cinematic Universe villains: Killmonger, Loki, Hela in the list Marvel Cinematic Universe, as a rule, has lacked good villains. Most of them have been cardboard cutouts, but once in a while, the movies in MCU do deliver the bad guy we deserve. Here are the top five villains in Marvel Cinematic Universe. Karan Johar on social media haters: I will do my own thing, no matter what people say While filmmaker Karan Johar is excited about his presence at the prestigious Berlin International Film Festival, some of the netizens are not. They thought that Padmaavat director Sanjay Leela Bhansali would have been a better fit. Sony Corp. to launch an AI-based taxi-hailing service in Japan Sony Corporation said today that it will build an AI-based ride-hailing system in Japan in partnership with five taxi companies. The service will use.. Life sciences startup Avro aims to deliver drugs to children and the elderly through skin patches Avro, a life sciences startup in Y Combinator's current batch, is banking on a method to deliver medications to populations unable to swallow or chew -- it.. Volcano in Indonesia unleashes massive explosion This was the biggest eruption since Mt. Sinabung woke up again five years ago. This Chrome extension brings 'View Image' back to Google Search It's back! We still aim to open 30 more stores here in 30 months, says CEO and country manager of H&M India Focus on fast fashion at the right price and at the right location has helped Swedish fashion retailer Hennes & Mauritz (H&M) record strong growth in India. Global retail majors getting ready to spread wings in India Building an online retail presence for a physical retail company or an online retail company building a physical presence, both seem to be expensive propositions. Therefore, global retail giants, just as they have done elsewhere, are trying to get into pa COAI slams Trai for biased rules favouring Reliance Jio COAI said that Trai's latest tariff order on predatory pricing violated the 'fundamental right of incumbents to carry out business. Major smartphone makers may invest as much as Rs 6000 crore to assemble PCBs in India Assembling PCBs is far more complex than having them imported, the primary reason why the government wants OEMs to invest in making their PCBs in India. India way beyond scams disruptions; economy still growing: IIFL's Nirmal Jain Jain believes that it will not have a long term overhang. He doesn't think this is s systemic fraud that will have a cascading impact. HSBC India profit up 23% in 2017 Retail banking profits increased 40% to $21 million from $15 million a year ago. Competing with consumer activities not brands: Kingfisher's Sheikhawat MUMBAI: The liquor market is witnessing major upheavals with umpteen number of alcohol brands battling it out for a slice of the market. The fight is tough since consumers can choose from a wide variety of beer brands - Tuborg, Kingfisher, Bira and Heineken among other local beer brands.  Tata Group seeks interest in Indian juice firm Hector Beverages The Tata Group is believed to be interested in India's Hector Beverages, owner of the popular Paper Boat brand of juice drinks. Infosys, Wipro Among India's Most Transparent Companies Indian companies are now benchmarking themselves to higher standards of corporate governance, says a report. India's IT firms expect continued growth amid shift to new tech India Business News: Sales will rise 7 to 9 percent in constant currency terms in the fiscal year ending in March 2019, the National Association of Software and Services C TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. 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