TradeBriefs Newsletter View online ( http://tradebriefs.com/index.php?option=com_acymailing&ctrl=archive&task=view&mailid=415&subid=1164886-HdjtU5YulB7If3&tmpl=component ) Advertise ( http://www.tradebriefs.com ) Unsubscribe ( http://tradebriefs.com/index.php?subid=1164886&option=com_acymailing&ctrl=user&task=out&mailid=415&key=HdjtU5YulB7If3 ) from TradeBriefs Daily Retail Jewellers keep fingers crossed on gold prices ( http://retail.economictimes.indiatimes.com/news/apparel-fashion/jewellery/jewellers-keep-fingers-crossed-on-gold-prices/48226388 ) Jewellers are keeping their fingers crossed about gold prices while pointing to two possibilities - a further fall or maintenance of status quo... Retail India's First Online Order of Lava Pixel V1 Delivered Within 2 Hours by the Mobile Store-FED ( http://www.financialexpress.com/article/companies/indias-first-online-order-of-lava-pixel-v1-delivered-within-2-hours-by-the-mobilestore-fed-fastest-expert-delivery/108766/ ) ( http://www.financialexpress.com/article/companies/indias-first-online-order-of-lava-pixel-v1-delivered-within-2-hours-by-the-mobilestore-fed-fastest-expert-delivery/108766/ ) The MobileStore Ltd. Indiaâs largest smartphone retailer has just launched the Lava Pixel V1 with AndroidOne through FED: Fastest Expert Delivery advantage by partnering with Google on (www.android.com/one/india/), where those looking to purchase the latest Lava pixelv1 online can buy it through The MobileStore FED Service that delivers the phone at your doorstep or your office within two hours. Retail Driven by Private Labels, Reliance Retail increases Revenue and Profits ( http://www.indiainfoline.com/article/news-top-story/driven-by-private-labels-reliance-retail-increases-revenue-and-profits-115072700452_1.html ) ( http://www.indiainfoline.com/article/news-top-story/driven-by-private-labels-reliance-retail-increases-revenue-and-profits-115072700452_1.html ) Driven by the growth in sales of private labels, Reliance Retail reported nearly 19% jump in profit before depreciation, interest and taxes (PBDIT) in the first quarter of current financial year 2015-16. In absolute numbers the PBDIT has increased from Rs 171 crores to Rs 203 crore. The revenues have also risen 17.5% to Rs. 4698 crore. Retail Pepperfry Raises $100 Million from Goldman Sachs, Others ( http://profit.ndtv.com/news/corporates/article-pepperfry-raises-100-million-from-goldman-sachs-others-1201140 ) ( http://profit.ndtv.com/news/corporates/article-pepperfry-raises-100-million-from-goldman-sachs-others-1201140 ) The fourth round of funding will be used to strengthen the companys logistics, technology platform, experience centres and marketing efforts. Retail Reliance Retail steps in to aid Jio's service roll out ( http://www.medianama.com/2015/07/223-reliance-jio-earnings-q1-fy16/ ) ( http://www.medianama.com/2015/07/223-reliance-jio-earnings-q1-fy16/ ) Reliance Industries Limited's (RIL) digital and telecom arm Reliance Jio Infocomm claims that it is now present in all 29 states in India and has a direct Retail India eCommerce industry on a 'aqui'hiring spree ( http://www.businessinsider.in/India-eCommerce-industry-on-a-aquihiring-spree/articleshow/48234700.cms ) Indian eCommerce industry, which is at its best these days, is 'aquihiring' these days and is looking for not just skilled people but innovative ideas as Retail Flipkart's f Qck to take on Amazon's Kirana now; testing a programme to deliver orders within hours ( http://economictimes.indiatimes.com/small-biz/startups/flipkarts-f-qck-to-take-on-amazons-kirana-now-testing-a-programme-to-deliver-orders-within-hours/articleshow/48244432.cms ) ( http://economictimes.indiatimes.com/small-biz/startups/flipkarts-f-qck-to-take-on-amazons-kirana-now-testing-a-programme-to-deliver-orders-within-hours/articleshow/48244432.cms ) For its new hyper-local business called âf Qck, Flipkart has partnered with logistics and delivery startup Roadrunnr. Retail Apple Eyes Big Retail Push in India With Authorised Mobility Resellers ( http://gadgets.ndtv.com/mobiles/news/apple-eyes-big-retail-push-in-india-with-authorised-mobility-resellers-720265 ) ( http://gadgets.ndtv.com/mobiles/news/apple-eyes-big-retail-push-in-india-with-authorised-mobility-resellers-720265 ) NDTV Gadgets has learnt that Apple is planning to open 500 partner stores across 12 Indian cities. Retail Surprised by growth, Amazon ups India focus ( http://economictimes.indiatimes.com/industry/services/retail/surprised-by-growth-amazon-ups-india-focus/articleshow/48233506.cms ) ( http://economictimes.indiatimes.com/industry/services/retail/surprised-by-growth-amazon-ups-india-focus/articleshow/48233506.cms ) Last year, CEO Jeff Bezos had announced a $2-billion investment in Amazon's e-commerce business in India, the country that is seen to be growing the fastest for Amazon. Retail How traditional retailers can compete with e-commerce firms ( http://www.livemint.com/Opinion/h5BQSUefxvGZgzbNzReBjP/How-traditional-retailers-can-compete-with-ecommerce-firms.html ) Retailers are offering the e-commerce convenience to their customers and have adapted their business model to cater to non-linear buyers Retail L Capitals Asia's Subsidiary Ecosys Exits Multiplex Operator PVR ( http://www.dealcurry.com/20150727-L-Capitals-Asia-s-Subsidiary-Ecosys-Exits-Multiplex-Operator-PVR.htm ) ( http://www.dealcurry.com/20150727-L-Capitals-Asia-s-Subsidiary-Ecosys-Exits-Multiplex-Operator-PVR.htm ) DealCurry L Capitals Asia's Subsidiary Ecosys Exits Multiplex Operator PVRDealCurrySingapore based PE firm L Capital Asia's subsidiary company L Capital Ecosys sold shares worth R484.95 Cr i.e. 6644000 shares at R776.56 share a piece according to the bulk deal data available on NSE. The transaction took place on Friday. Telecom Get ready for faster, high-speed internet as Reliance Jio, Airtel race to roll nationwide 4G services ( http://www.firstpost.com/business/get-ready-faster-high-speed-internet-reliance-jio-airtel-race-roll-nationwide-4g-services-2364562.html ) ( http://www.firstpost.com/business/get-ready-faster-high-speed-internet-reliance-jio-airtel-race-roll-nationwide-4g-services-2364562.html ) Telecom biggies are clearly in a race to rollout nationwide 4G services.While Reliance Jio has said that it will roll out its 4G services by December, India's largest telco Airtel is on course for launch of its 4G wireless data service across 44 cities ahead of rival Reliance. This means that consumers will be spoilt for choice with high-speed internet at affordable rates. Telecom Making sense of the growing app mania among Indian consumer Internet startups ( http://yourstory.com/2015/07/consumer-internet-app-mania/ ) ( http://yourstory.com/2015/07/consumer-internet-app-mania/ ) There is an app-craze sweeping Indiaâs consumer Internet world. Founders and CEOs have time only to sing praises of the mobile app and the growth it is dri Telecom Another auction of telecom spectrum with 700 MHz band for 4G likely to be held soon ( http://www.telecomtiger.com/PolicyNRegulation_fullstory.aspx?storyid=21480§ion=S174 ) ( http://www.telecomtiger.com/PolicyNRegulation_fullstory.aspx?storyid=21480§ion=S174 ) DoT is planning another bumper auction of telecom spectrum that may even surpass record sales in March. Likely to be held early next year, this will include frequencies in the 2G, 3G and 4G bands. Spectrum in the prized 700 MHz band for 4G may also be on offer for the first time ever Telecom Idea decides to bridge gap with peers, to roll out 4G in 10 service areas next year ( http://telecom.economictimes.indiatimes.com/news/3g-4g/idea-decides-to-bridge-gap-with-peers-to-roll-out-4g-in-10-service-areas-next-year/48231362 ) ( http://telecom.economictimes.indiatimes.com/news/3g-4g/idea-decides-to-bridge-gap-with-peers-to-roll-out-4g-in-10-service-areas-next-year/48231362 ) The story goes that some months ago an investor expressed impatience with Idea Cellular's stance that the Indian consumer wasn't ready for 4G or next-generati.. Telecom Telcos seek two years to gather resources for 700MHz auction ( http://telecom.economictimes.indiatimes.com/news/policy/telecom-spectrum-auctions-likely-in-early-2016/48231067 ) ( http://telecom.economictimes.indiatimes.com/news/policy/telecom-spectrum-auctions-likely-in-early-2016/48231067 ) The Department of Telecommunications (DoT) is planning another bumper auction of telecom spectrum that may even surpass record sales in March.. Telecom How small cells bring new revolution in Indian telecom? ( http://www.telecomlead.com/telecom-equipment/how-small-cells-bring-new-revolution-in-indian-telecom-62813 ) ( http://www.telecomlead.com/telecom-equipment/how-small-cells-bring-new-revolution-in-indian-telecom-62813 ) Telecom Can't adjourn 2G case due to Delhi HC circular on strike:Court ( http://www.business-standard.com/article/pti-stories/can-t-adjourn-2g-case-due-to-delhi-hc-circular-on-strike-court-115072701437_1.html ) A special court today said that in the wake of the Delhi High Court circular that no adjournment will be given owing to lawyers strike in 2G telecom spectrum allocation scam case in which former Telecom Minister A Raja, DMK MP Kanimozhi and 15 Telecom HDFC Bank pins macro plans on micro ATMs ( http://www.thehindubusinessline.com/banking/hdfc-bank-pins-macro-plans-on-micro-atms/article7470793.ece ) ( http://www.thehindubusinessline.com/banking/hdfc-bank-pins-macro-plans-on-micro-atms/article7470793.ece ) Seeks to increase rural enrolments by introducing e-KYC Telecom New ventures take root as ecommerce players seek to tap mobile users ( http://telecom.economictimes.indiatimes.com/news/mvas-apps/new-ventures-take-root-as-ecommerce-players-seek-to-tap-mobile-users/48231104 ) ( http://telecom.economictimes.indiatimes.com/news/mvas-apps/new-ventures-take-root-as-ecommerce-players-seek-to-tap-mobile-users/48231104 ) At least half a dozen ventures have emerged around the estimated Rs 94,500-crore Indian ecommerce industry, capitalising on its bid to fuel transactions on mo.. Telecom Vodafone prepared to invest in UK fibre-optic company ( http://www.telecompaper.com/news/vodafone-prepared-to-invest-in-uk-fibre-optic-company--1094352 ) Finance ICICI to sell Rs 1,000 crore NPAs from Tulip Telecom, Falcon Tyres to ARCs ( http://economictimes.indiatimes.com/industry/banking/finance/banking/icici-to-sell-rs-1000-crore-npas-from-tulip-telecom-falcon-tyres-to-arcs/articleshow/48241606.cms ) ICICI Bank has put two stressed assets with an exposure of Rs 1,000 crore on the block to be sold to asset reconstruction companies, market sources said today. Finance Pepperfry raises $100M from Goldman Sachs, Zodius & others ( http://techcircle.vccircle.com/2015/07/27/pepperfry-raises-100m-from-goldman-sachs-zodius-others/ ) ( http://techcircle.vccircle.com/2015/07/27/pepperfry-raises-100m-from-goldman-sachs-zodius-others/ ) Mumbai-based Pepperfry.com, an e-commerce marketplace for furniture, home decor and appliances, has secured $100 million in funding from Goldman Sachs Group Inc and Zodius Technology Fund. Finance RBS to sell private banking business to Sanctum Wealth ( http://www.business-standard.com/article/finance/rbs-to-sell-private-banking-business-to-sanctum-wealth-115072800040_1.html ) The move to sell the private banking business comes a few months after the management decided to exit the Indian market Finance Axis Bank signs $200 million loan agreement with ADB ( http://economictimes.indiatimes.com/industry/banking/finance/banking/axis-bank-signs-200-million-loan-agreement-with-adb/articleshow/48239304.cms ) Axis Bank signed a USD 200-million, seven-year bilateral loan agreement with the Asian Development Bank. Finance Edelweiss arm invests $31M in project of North-based developer Saya Group ( http://www.vccircle.com/news/real-estate/2015/07/27/edelweiss-arm-invests-31m-project-north-based-developer-saya-group ) ( http://www.vccircle.com/news/real-estate/2015/07/27/edelweiss-arm-invests-31m-project-north-based-developer-saya-group ) Recently, Edelweiss invested $34 million in Chennai-based Landmark Housing Projects. Finance Stock market investors become poorer by Rs 1.50 lakh crore ( http://www.business-standard.com/article/markets/investors-become-poorer-by-rs-1-5-lakh-cr-115072701061_1.html ) Besides, a sharp 8% decline in Chinese stocks added to the sell-off in domestic equities Finance IndusInd Bank completes acquisition of RBS bullion financing biz ( http://www.financialexpress.com/article/industry/banking-finance/indusind-completes-acquisition-of-rbs-bullion-financing-biz/108437/ ) ( http://www.financialexpress.com/article/industry/banking-finance/indusind-completes-acquisition-of-rbs-bullion-financing-biz/108437/ ) IndusInd Bank is already into diamond and jewellery financing business and this acquisition is expected to enhance its position in the segment. Finance 5 reasons why the Sensex slipped over 500 points on Monday ( http://www.business-standard.com/article/markets/5-reasons-why-the-sensex-slipped-over-300-points-on-monday-115072700194_1.html ) Here are five factors that have contributed to Monday's fall in the stock market Finance Tata Opportunities Fund picks minority stake in group's EPC firm Tata Projects ... ( http://www.vccircle.com/news/construction/2015/07/27/tata-opportunities-fund-picks-minority-stake-groups-epc-firm-tata ) Tata Projects recorded revenues of Rs 3,444 crore in FY15. Finance Govt to soon notify a central KYC registry to link all identities ( http://www.livemint.com/Politics/TUo78V31tsNx7MDuc8m0MI/Govt-to-soon-notify-a-central-KYC-registry-to-link-all-ident.html ) The move is part of the govtâs effort to curb generation of black money and money laundering Finance Finance Ministry rules out "knee-jerk" reaction on report to curb money laundering ( http://economictimes.indiatimes.com/news/economy/policy/finance-ministry-rules-out-knee-jerk-reaction-on-report-to-curb-money-laundering/articleshow/48234404.cms ) ( http://economictimes.indiatimes.com/news/economy/policy/finance-ministry-rules-out-knee-jerk-reaction-on-report-to-curb-money-laundering/articleshow/48234404.cms ) Jaitley said govt would apply its mind on the recommendations in due course and would avoid any decision that could hurt investor sentiment. Finance Home healthcare startup Zoctr raises $1M in angel funding ( http://www.vccircle.com/news/technology/2015/07/27/home-healthcare-startup-zoctr-raises-1m-angel-funding ) ( http://www.vccircle.com/news/technology/2015/07/27/home-healthcare-startup-zoctr-raises-1m-angel-funding ) This is Zoctr's second fundraising. Finance ManageMySpa raises $6M in Series A funding from Accel Partners ( http://techcircle.vccircle.com/2015/07/27/managemyspa-raises-6m-in-series-a-funding-from-accel-partners/ ) ( http://techcircle.vccircle.com/2015/07/27/managemyspa-raises-6m-in-series-a-funding-from-accel-partners/ ) ManageMySpa, which runs a cloud-based technology platform for spas, salons and medical spas, has raised $6 million in Series A funding from Accel Partners and others. Finance Indian Railway Finance Corporation to raise Rs 1800 cr via 10-yr tax-free bonds ( http://www.financialexpress.com/article/industry/banking-finance/indian-railway-finance-corporation-to-raise-rs-1800-cr-via-10-yr-tax-free-bonds/109022/ ) ( http://www.financialexpress.com/article/industry/banking-finance/indian-railway-finance-corporation-to-raise-rs-1800-cr-via-10-yr-tax-free-bonds/109022/ ) Indian Railway Finance Corporation (IRFC) is looking to raise up to Rs 1,800 crore through a private-placement of tax-free bonds with a tenure of 10 years... Food/FMCG Marico CMO Satpathy resigns, Anuradha Aggarwal from Mondelez to take over ( http://economictimes.indiatimes.com/industry/cons-products/fmcg/marico-cmo-sameer-satpathy-quits-mondelez-indias-anuradha-aggarwal-to-succeed/articleshow/48241950.cms ) ( http://economictimes.indiatimes.com/industry/cons-products/fmcg/marico-cmo-sameer-satpathy-quits-mondelez-indias-anuradha-aggarwal-to-succeed/articleshow/48241950.cms ) The company said that Satpathy will continue in the company till September 15 to facilitate a seamless transition to his successor. Food/FMCG India showing improved consumer sentiment: Rakesh Kapoor, CEO, Reckitt Benckiser ( http://economictimes.indiatimes.com/industry/services/retail/india-showing-improved-consumer-sentiment-rakesh-kapoor-ceo-reckitt-benckiser/articleshow/48245252.cms ) ( http://economictimes.indiatimes.com/industry/services/retail/india-showing-improved-consumer-sentiment-rakesh-kapoor-ceo-reckitt-benckiser/articleshow/48245252.cms ) "The pickup in emerging markets was mixed with an improvement in consumer sentiment in some countries, such as India." Food/FMCG Pincon Spirit plans Rs 400 crore expansion ( http://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/pincon-spirit-plans-rs-400-crore-expansion/48239078 ) ( http://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/pincon-spirit-plans-rs-400-crore-expansion/48239078 ) PSL, which posted sales of Rs 602 crore in fiscal 2015, has informed shareholders that it would step up business volume in West Bengal, Karnataka, Odisha, Jha.. Food/FMCG Consumer Confidence in India Rises to 4-Year High: Nielsen ( http://profit.ndtv.com/news/consumer-products/article-consumer-confidence-in-india-rises-to-4-year-high-nielsen-1201152 ) ( http://profit.ndtv.com/news/consumer-products/article-consumer-confidence-in-india-rises-to-4-year-high-nielsen-1201152 ) According to global information and insights provider Nielsen, in the second quarter of 2015, Indias consumer confidence score rose to 131 followed by Philippines (122) and Indonesia (120). Food/FMCG Ashish Bahuguna appointed as new FSSAI chairman ( http://economictimes.indiatimes.com/industry/cons-products/food/ashish-bahuguna-appointed-as-new-fssai-chairman/articleshow/48245365.cms ) ( http://economictimes.indiatimes.com/industry/cons-products/food/ashish-bahuguna-appointed-as-new-fssai-chairman/articleshow/48245365.cms ) Former agriculture secretary Ashish Bahuguna has been appointed as the chairman of the Food Safety and Standards Authority of India. Food/FMCG Dabur enters ready-to-drink beverages with Hajmola Yoodley ( http://economictimes.indiatimes.com/industry/cons-products/food/dabur-enters-ready-to-drink-beverages-with-hajmola-yoodley/articleshow/48237901.cms ) ( http://economictimes.indiatimes.com/industry/cons-products/food/dabur-enters-ready-to-drink-beverages-with-hajmola-yoodley/articleshow/48237901.cms ) FMCG major Dabur today announced entry into ready-to-drink beverage segment with the launch of latest its product 'Hajmola Yoodley'. Food/FMCG The Ideal Temperature for Beer, Coffee, and Other Beverages ( http://www.lifehacker.co.in/life/The-Ideal-Temperature160for-Beer-Coffee-and-Other-Beverages/articleshow/48241829.cms ) Depending on how chilled or warm a drink is, its taste can vary. Temperature can affect flavors and aromatics, and this infographic lays out the ideal serving Food/FMCG Thai Beverage enters into Indian market with single malts ( http://www.livemint.com/Companies/PSGMbQNcbIRvv4U9WWIpAP/Thai-Beverage-enters-into-Indian-market-with-single-malts.html ) The company will retail single malt Scotch whiskies, including Old Pulteney, Balblair and Speyburn Software Lava to invest Rs 2,615 crore to set up two manufacturing units : Will have a combined capacity of 18 million handsets per month ( http://telecom.economictimes.indiatimes.com/news/infrastructure/telecom-equipment/lava-to-invest-rs-2615-crore-to-set-up-two-manufacturing-units/48238939 ) ( http://telecom.economictimes.indiatimes.com/news/infrastructure/telecom-equipment/lava-to-invest-rs-2615-crore-to-set-up-two-manufacturing-units/48238939 ) Domestic handset maker Lava will invest Rs 2,615 crore over the next seven years to set up two manufacturing units in the country, in line with the government.. Software Tech Mahindra may not be able to meet its forecast of $1.25 bn revenue run rate, says Vice-Chairman ( http://www.livemint.com/Companies/ZpNxArR5XXePvrxDYLSqeM/125-bn-revenue-run-rate-by-December-difficult-Tech-Mahind.html ) But achieving $1 billion revenue run rate by December is no problem, says Vineet Nayyar Software Cognizant tops ET's study of India's Top Recruiters with more than 192 offers at B-School campuses ( http://economictimes.indiatimes.com/jobs/indias-top-recruiters-cognizant-tops-ets-study-wipro-deloitte-hcl-icici-bank-and-kpmg-in-top-five/articleshow/48244013.cms ) ( http://economictimes.indiatimes.com/jobs/indias-top-recruiters-cognizant-tops-ets-study-wipro-deloitte-hcl-icici-bank-and-kpmg-in-top-five/articleshow/48244013.cms ) These numbers reflect what is easily the most aggressive MBA talent drive in the five years that the ET Indias Top Recruiters study is being conducted. Software Nasscom plans to help startups and connect them with tech giants ( http://timesofindia.indiatimes.com/tech/tech-news/Nasscom-to-help-startups-connect-with-tech-giants/articleshow/48233075.cms ) Some of the world's biggest companies have come together to give Indian startups a leg up, under a programme launched by Nasscom. Software Infosys plans to achieve entire electricity needs through renewable sources : Will set up a 7 MW solar plant at Hyderabad campus- Business Standard ( http://www.business-standard.com/article/pti-stories/infosys-to-set-up-7-mw-solar-plant-at-hyderabad-campus-115072701014_1.html ) Country's second largest software services firm Infosys plans to set up a 7 MW solar plant at its Hyderabad campus.The move is a step in achieving the goal set to meet the entire electricity needs through renewable sources in the next few years, Software Cognizant rolls out average salary hike of 6-9% for offshore employees : In line with the industry ( http://www.moneycontrol.com/news/business/cognizant-gives-salary-hikelineindustry_2183041.html ) Cognizant is the latest tech company to give its employees an annual increment, which are in-line with industry standards, but lower than the average hikes given by TCS. Software Will Microsoft's Windows 10 be a game changer? ( http://www.business-standard.com/article/technology/microsoft-s-win10-a-game-changer-115072701281_1.html ) In India, the enterprise may wait and watch for 6-12 months Software Gov't brings in the 'software coding expert' : IT secretary Ram Sewak Sharma appointed new TRAI chief ( http://economictimes.indiatimes.com/industry/telecom/it-secretary-ram-sewak-sharma-appointed-new-trai-chief/articleshow/48245325.cms ) ( http://economictimes.indiatimes.com/industry/telecom/it-secretary-ram-sewak-sharma-appointed-new-trai-chief/articleshow/48245325.cms ) The government has named Ram Sewak Sharma, currently the IT secretary, as the next TRAI chief, bringing in the popular 'software coding expert' Ecommerce Flipkart closes Rs 4,500-cr fund round in big ecommerce race from existing investors including Steadview Capital ( http://economictimes.indiatimes.com/small-biz/startups/flipkart-closes-rs-4500-cr-fund-round-in-big-ecommerce-race-amazon-readying-5-bn-war-chest-plan/articleshow/48244386.cms ) Flipkart has closed a funding round of $700 million (Rs 4,500 crore) at a valuation of $15 billion, scooping up capital for the first time this year as the battle for dominance in the Indian online retail market heats up. Ecommerce Ola in advanced talks with investors to raise Rs 3,150 crore; imminent deal could see a steep hike in company's valuation to over $4.5 b ( http://bharatpress.com/2015/07/27/consumer-confidence-in-india-rises-to-4-year-high-nielsen/ ) New Delhi: India continued to lead the worldwide shopper confidence index, with the rating in the second quarter of 2015 reac Ecommerce Flipkarts f Qck to take on Amazons Kirana now; partners with logistics and delivery startup Roadrunnr ( http://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/flipkarts-f-qck-to-take-on-amazons-kirana-now/48245866 ) ( http://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/flipkarts-f-qck-to-take-on-amazons-kirana-now/48245866 ) For its new hyper-local business called âf Qckâ, Flipkart has partnered with logistics and delivery startup Roadrunnr... Ecommerce Housing.com bags five awards at the prestigious National Award for Marketing Excellence hosted by CMO Asia for its Look Up campaign ( http://rtn.asia/t-t/13403/housing-com-bags-5-awards-from-cmo-asia ) ( http://rtn.asia/t-t/13403/housing-com-bags-5-awards-from-cmo-asia ) Real Time News, India Housing.com bags five awards at the prestigious National Award for Marketing Excellence hosted by CMO Asia for its 'Look Up' campaignReal Time News, IndiaHousing.com swept awards across five key categories including "Brand Excellence in e-commerce and Internet Business Sector", "Emerging Brand Award" and "Best New Brand, Product and Service Launch". Housing.com's 'Look Up' was also awarded "Marketing Ecommerce Bengaluru-based B2B logistics delivery company Townrush raises seed funding from Lightspeed Venture Partners - Tech in Asia ( http://economictimes.indiatimes.com/small-biz/startups/on-demand-logistics-startup-townrush-raises-seed-funding-from-lightspeed/articleshow/48222680.cms ) Bengaluru-based B2B logistics delivery company Townrush has raised seed funding from Lightspeed Venture Partners. The undisclosed amount is being invested into the company's physical infrastructure, technological development, and scaling up its core team. Ecommerce Goldman Sachs invests $100Mn in Mumbai-based Pepperfry; to expand logistics in over 300 towns and for quadrupling tech team size ( http://economictimes.indiatimes.com/industry/services/retail/goldman-sachs-makes-first-bet-in-indian-etailing-space-leads-funding-in-pepperfry-by-investing-rs-640-cr/articleshow/48244482.cms ) ( http://economictimes.indiatimes.com/industry/services/retail/goldman-sachs-makes-first-bet-in-indian-etailing-space-leads-funding-in-pepperfry-by-investing-rs-640-cr/articleshow/48244482.cms ) Goldman Sachs is making its first bet in the Indian etailing space by leading a Rs 640-crore round in online furniture retailer Pepperfry Ecommerce Bengaluru-based Indian food portal Delight Foods gets Rs 1 crore funding from Mape Advisory Group, Fireside Ventures ( http://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/delight-foods-gets-rs-1-crore-funding-from-mape-advisory-group-fireside-ventures/48232610 ) ( http://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/delight-foods-gets-rs-1-crore-funding-from-mape-advisory-group-fireside-ventures/48232610 ) The founders pulled off a logistics heavy business by designing an innovative supply-chain at the back-end that has been test operated for two months before l.. Ecommerce Indias First Online Order of Lava Pixel V1 Delivered Within 2 Hours by the MobileStore-FED: Fastest Expert Delivery ( http://www.financialexpress.com/article/companies/indias-first-online-order-of-lava-pixel-v1-delivered-within-2-hours-by-the-mobilestore-fed-fastest-expert-delivery/108766/ ) ( http://www.financialexpress.com/article/companies/indias-first-online-order-of-lava-pixel-v1-delivered-within-2-hours-by-the-mobilestore-fed-fastest-expert-delivery/108766/ ) The MobileStore Ltd. Indiaâs largest smartphone retailer has just launched the Lava Pixel V1 with AndroidOne through FED: Fastest Expert Delivery advantage by partnering with Google on (www.android.com/one/india/), where those looking to purchase the latest Lava pixelv1 online can buy it through The MobileStore FED Service that delivers the phone at your doorstep or your office within two hours. Ecommerce Survey shows surge in use of mobile apps for shopping; Flipkart currently gets 75% of its traffic through its mobile apps ( http://www.themalaysianinsider.com/business/article/malaysia-ranks-3rd-in-mobile-shopping-growth-in-asia-pacific ) ( http://www.themalaysianinsider.com/business/article/malaysia-ranks-3rd-in-mobile-shopping-growth-in-asia-pacific ) Malaysia ranked third in mobile shopping growth in Asia Pacific, just behind Taiwan and India, according to MasterCardâs Mobile Shopping Survey.⦠Digital US bank Goldman Sachs bets big on Indian startup space; invests $100 million in online furniture brand Pepperfry.com ( http://inc42.com/flash-feed/pepperfry-raises-100mn/ ) U.S investment bank, Goldman Sachs Group Inc. is leading a $100Mn investment in Mumbai-based Pepperfry.com, an online home and furniture marketplace. As reported by WSJ. Digital What's making 2015 the âyear of the appâ in Indiaâs e-commerce universe ( http://yourstory.com/2015/07/consumer-internet-app-mania/ ) ( http://yourstory.com/2015/07/consumer-internet-app-mania/ ) There is an app-craze sweeping Indiaâs consumer Internet world. Founders and CEOs have time only to sing praises of the mobile app and the growth it is dri Digital IT secretary Ram Sewak Sharma is the new TRAI chief ( http://economictimes.indiatimes.com/industry/telecom/it-secretary-ram-sewak-sharma-appointed-new-trai-chief/articleshow/48245325.cms ) ( http://economictimes.indiatimes.com/industry/telecom/it-secretary-ram-sewak-sharma-appointed-new-trai-chief/articleshow/48245325.cms ) The government has named Ram Sewak Sharma, currently the IT secretary, as the next TRAI chief, bringing in the popular 'software coding expert' Digital Online healthcare startup Zoctr gets $1 million in angel funding ( http://www.vccircle.com/news/technology/2015/07/27/home-healthcare-startup-zoctr-raises-1m-angel-funding ) ( http://www.vccircle.com/news/technology/2015/07/27/home-healthcare-startup-zoctr-raises-1m-angel-funding ) This is Zoctr's second fundraising. Digital Connecting startups with IT giants: Nasscom to create a team to sustain the Nasscom Industry Partner programme ( http://timesofindia.indiatimes.com/tech/tech-news/Nasscom-to-help-startups-connect-with-tech-giants/articleshow/48233075.cms ) Some of the world's biggest companies have come together to give Indian startups a leg up, under a programme launched by Nasscom. Digital Despite the criticism, Facebook announces expansion plans for its one-year old Internet.org ( http://timesofindia.indiatimes.com/tech/tech-news/Internet-Org-turns-one-Facebook-announces-expansion-plans/articleshow/48236592.cms ) Facebook Inc plans to scale up its service to offer free basic Internet on mobile phones, an executive said, after introducing the application in 17 developing countries over the past year. Digital Digital India: Government engages with citizens through plethora of social media contests ( http://www.livemint.com/Politics/Z17tuwbgwl1Cvcf5QuGuEI/Govt-pushing-Digital-India-through-social-media-contests.html ) The govt has been organising a plethora of online contests to engage with citizens through various social media channels Digital India e-commerce companies on a 'aqui-hiring' spree ( http://bharatpress.com/2015/07/27/indian-e-commerce-companies-on-acquihiring-spree/ ) MUMBAI: About a month in the past, Flipkart made a suggestion to the founders of a Denmark-based mostly social networking website, which matches vacationer Franchise Marico CMO Satpathy resigns, Anuradha Aggarwal from Mondelez to take over ( http://economictimes.indiatimes.com/industry/cons-products/fmcg/marico-cmo-sameer-satpathy-quits-mondelez-indias-anuradha-aggarwal-to-succeed/articleshow/48241950.cms ) ( http://economictimes.indiatimes.com/industry/cons-products/fmcg/marico-cmo-sameer-satpathy-quits-mondelez-indias-anuradha-aggarwal-to-succeed/articleshow/48241950.cms ) The company said that Satpathy will continue in the company till September 15 to facilitate a seamless transition to his successor. Franchise Flipkart closes Rs 4500-cr fund round in big ecommerce race ( http://economictimes.indiatimes.com/small-biz/startups/flipkart-closes-rs-4500-cr-fund-round-in-big-ecommerce-race-amazon-readying-5-bn-war-chest-plan/articleshow/48244386.cms ) ( http://economictimes.indiatimes.com/small-biz/startups/flipkart-closes-rs-4500-cr-fund-round-in-big-ecommerce-race-amazon-readying-5-bn-war-chest-plan/articleshow/48244386.cms ) With Snapdeal and Paytm also gaining rapidly and threatening to grab a larger share, Flipkart has been paying top dollar to hire talent from Silicon Valley. Franchise Thinking of franchising your business? Make sure to fully assure costs and prepare your business for franchising before committing ( http://www.franchiseadvice.com.au/can-you-afford-to-franchise-your-business ) - Franchise AdviceThere are many entrepreneurs who proudly claim that they started franchising their businesses without any money, but then later admit they would do things very differently (with a lot more planning and capital resources beforehand) if they had their time over again. Franchise Driven by Private Labels, Reliance Retail increases Revenue and Profits ( http://www.indiainfoline.com/article/news-top-story/driven-by-private-labels-reliance-retail-increases-revenue-and-profits-115072700452_1.html ) ( http://www.indiainfoline.com/article/news-top-story/driven-by-private-labels-reliance-retail-increases-revenue-and-profits-115072700452_1.html ) Driven by the growth in sales of private labels, Reliance Retail reported nearly 19% jump in profit before depreciation, interest and taxes (PBDIT) in the first quarter of current financial year 2015-16. In absolute numbers the PBDIT has increased from Rs 171 crores to Rs 203 crore. The revenues have also risen 17.5% to Rs. 4698 crore. Franchise Franchisee Journey: From doctor struggling with inflexible schedule to urgent care franchisee ( http://www.entrepreneur.com/article/248726 ) ( http://www.entrepreneur.com/article/248726 ) Dr. Samrah Mansoor's inflexible schedule in the world of medicine led her to the world of franchising. Franchise India showing improved consumer sentiment: Rakesh Kapoor, CEO, Reckitt Benckiser ( http://economictimes.indiatimes.com/industry/services/retail/india-showing-improved-consumer-sentiment-rakesh-kapoor-ceo-reckitt-benckiser/articleshow/48245252.cms ) ( http://economictimes.indiatimes.com/industry/services/retail/india-showing-improved-consumer-sentiment-rakesh-kapoor-ceo-reckitt-benckiser/articleshow/48245252.cms ) "The pickup in emerging markets was mixed with an improvement in consumer sentiment in some countries, such as India." Franchise Pepperfry Raises $100 Million from Goldman Sachs, Others ( http://profit.ndtv.com/news/corporates/article-pepperfry-raises-100-million-from-goldman-sachs-others-1201140 ) ( http://profit.ndtv.com/news/corporates/article-pepperfry-raises-100-million-from-goldman-sachs-others-1201140 ) The fourth round of funding will be used to strengthen the companys logistics, technology platform, experience centres and marketing efforts. Franchise Franchisee Newbies: Bring some passion to the table, adopt a reputable brand and access ongoing support from experts ( http://www.franchisebusiness.com.au/news/invest-yourself-lucrative-future ) - Franchise BusinessAll the concerns of a startup; a lack of business and marketing experience, setup, support and uncertain revenue streams, are negated by entering into a relationship with a franchise model. Franchisors are there to provide their franchisees with the tools, skills, knowledge, structure and support they need to build their own profitable franchise business. Franchise Consumer Confidence in India Rises to 4-Year High: Nielsen ( http://profit.ndtv.com/news/consumer-products/article-consumer-confidence-in-india-rises-to-4-year-high-nielsen-1201152 ) ( http://profit.ndtv.com/news/consumer-products/article-consumer-confidence-in-india-rises-to-4-year-high-nielsen-1201152 ) According to global information and insights provider Nielsen, in the second quarter of 2015, Indias consumer confidence score rose to 131 followed by Philippines (122) and Indonesia (120). Franchise What you can learn about franchisee recruitment from this franchisors mistakes ( http://www.franchisebusiness.com.au/expert-advice/what-ive-learned-my-recruitment-mistakes ) Mortgage broker Citiwide Homeloans has learned a lot about the recruitment of potential franchisees. Franchise Franchisor Zone: Learn more about the benefits of profiling with this podcast ( http://franchisefoundry.com/2015/03/13/franchisee-selection/ ) - Franchise FoundryShould you conduct a personality test or use a profile tool? Or both? Social Geek Radio guest Rebecca Monet, Chief Scientist for Zoracle discussed personality tests vs profiling. Tune into this podcast if you're a franchisor who wants better quality franchisees, faster ramp-up, better validation, greater retention, reduced cost to support and increased performance. Franchise 7 most common personality traits found in top sales performers, and tips to find out if the candidate across the table truly possesses them ( http://www.franchising.com/articles/7_tips_to_spot_a_sales_superstar_during_interviews.html ) ( http://www.franchising.com/articles/7_tips_to_spot_a_sales_superstar_during_interviews.html ) Having trouble hiring that Franchise L Capitals Asia's Subsidiary Ecosys Exits Multiplex Operator PVR ( http://www.dealcurry.com/20150727-L-Capitals-Asia-s-Subsidiary-Ecosys-Exits-Multiplex-Operator-PVR.htm ) ( http://www.dealcurry.com/20150727-L-Capitals-Asia-s-Subsidiary-Ecosys-Exits-Multiplex-Operator-PVR.htm ) L Capitals Asia's Subsidiary Ecosys Exits Multiplex Operator PVR L Capitals Asia's Subsidiary Ecosys Exits Multiplex Operator PVRDealCurry L Capitals Asia's Subsidiary Ecosys Exits Multiplex Operator PVRDealCurrySingapore based PE firm L Capital Asia's subsidiary company L Capital Ecosys sold shares worth R484.95 Cr i.e. 6644000 shares at R776.56 share a piece according to the bulk deal data available on NSE. The transaction took place on Friday. HR Goldman Sachs leads $100-mn investment in furniture startup Pepperfry.com ( http://www.business-standard.com/article/companies/goldman-sachs-leads-100-mn-investment-in-furniture-startup-pepperfry-com-115072701282_1.html ) Largest investment raised by sector-focused e-tail player HR India eCommerce industry on a 'aqui'hiring spree ( http://www.businessinsider.in/India-eCommerce-industry-on-a-aquihiring-spree/articleshow/48234700.cms ) Indian eCommerce industry, which is at its best these days, is 'aquihiring' these days and is looking for not just skilled people but innovative ideas as HR Accenture identifies employee engagement as crucial to organizational growth and development ( http://worldstagegroup.com/index.php?active=news&newscid=23576&catid=47 ) HR Rising income inequality strongly linked to decline of unions: IMF paper ( http://www.thehindubusinessline.com/economy/macro-economy/rising-income-inequality-strongly-linked-to-decline-of-unions-imf-paper/article7470841.ece ) ( http://www.thehindubusinessline.com/economy/macro-economy/rising-income-inequality-strongly-linked-to-decline-of-unions-imf-paper/article7470841.ece ) There is a marked decimation in the power of unions across the world as contractual, casual labour grows HR The struggles of a startup ( https://www.techinasia.com/talk/the-struggles-of-a-startup/ ) ( https://www.techinasia.com/talk/the-struggles-of-a-startup/ ) The startup struggle is the actual grapple time of any entrepreneur. Everybody think of being a successful entrepreneur. Many a times we imagine ourselves in th HR iGate CEO Ashok Vemuri now in Capgemini's management board ( http://www.businessinsider.in/iGate-CEO-Ashok-Vemuri-now-in-Capgeminis-management-board/articleshow/48238006.cms ) iGate chief executive Ashok Vemuri has been elevated to Capgemini's highest executive decision making body. HR Govt in favour of timely promotions in services: MoS Personnel ( http://www.business-standard.com/article/pti-stories/govt-in-favour-of-timely-promotions-in-services-mos-personnel-115072700830_1.html ) The Centre is in favour of timely promotions in services and it is
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