Nov 22, 2017 - Why Modi must stop pinning his hopes on those sectors whose time has gone

TradeBriefs Newsletter
View online   Advertise
              from TradeBriefs Business Daily







Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
The logistics sector has finally received infrastructure status by the Indian government. The move is expected to help the sector attract more funding at competitive rates. Amending the existing framework, a notification issued by the Department of Economic Affairs (DEA) has widened the category of infrastructure sub-sectors to "transport and logistics" from the earlier sub-head of "transport". Receiving infrastructure status would also help secure the sector - largely comprising small and medium enterprise (SME) - secure credit on a long-term basis. The definition of logistics includes industrial parks, warehouses, cold storage and transportation companies. According to the notification issued by the government, logistics infrastructure includes multimodal logistics parks comprising inland container depots (ICD) with a minimum investment of Rs 50 crore and a minimum area of 10 acres. Further, a cold chain facility having an investment of at least Rs 15 crore as well as warehousing facility with investment of minimum Rs 25 crore would come under logistics infrastructure. In both cases, the facilities should also have a minimum required area. Read On ..

Introducing TradeBriefs SME - Print edition - Subscribe Now! | Sample copy

Advertisers of the day
Standard Chartered Bank (Personal Loans): Your dream holiday is now closer than ever
On behalf of SAP India: Identify the perfect SAP solution for your business in 3 easy steps

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).

Fully confident of our India prospects, there is no Plan B: Jay Chen, CEO, Huawei India | Interview

5G equipment manufacturing is currently happening in China, not in India, because there is no 5G here.




Advt: Work for the best employer - Yourself
reseller
Advantages - Best B2B audience in India, no hard-selling or up-front costs involved, access to our content repository and air-tight agreements with instant gratification.

How Intel Is Planning to Support India's 5G Quest

Intel's Rajesh Gadiyar is optimistic to see 5G rollout in India beginning sometime in 2020.



Trai, DoT shouldn’t make regressive policies: Jio’s Mathew Oommen

'Any decision should not be to sustain older technologies and no policy to be a regressive policy.'



Long term outlook for telecom industry positive despite capex slowdown: Sanjay Kaul, Cisco

Cisco’s Sanjay Kaul, head of Asia Pacific & Japan, service provider business shared that the industry could expect positivity post the next couple q..



Jio figures surge despite falling ARPU

Reliance Jio, the largest mobile operator in India by subscribers, booked another quarter of strong ...



Samsung aims to sell up to 6 million foldable phones in 2020

The popularity of the Galaxy Fold has given Samsung confidence to increase production of foldable phones in 2020.



A small charge on subscribers, one giant leap in Jio’s earnings

Jio insiders though expect the company to turn a net zero-IUC payer in this quarter itself ending December.



Will ensure online, offline price parity: Smartphone brands

Xiaomi assures faster offline launches from next year; Oppo says it will offer the best consumer offers and dealer profits for offline this year



CavinKare enters sweets-and-snacks retailing with first outlet in Chennai

Firm plans to expand to 500 stores mostly in Tamil Nadu and Maharashtra; pilot store set up in Thane



ITC’s Fabelle launches Fabelle Trinity-Truffles Extraordinaire luxury chocolate range

Fabelle Trinity - Truffles Extraordinaire is the world's most expensive chocolate listed under Guinness World Records®



FMCG players bet on direct distribution in rural areas as wholesale channel faces liquidity crunch

As the FMCG industry is battling the ongoing consumption slowdown, efforts to expand direct distribution in rural markets have been stepped up. Companies hope this will help them tide over the challen



'Affordability and access': Nishit Garg spotlights the growth of Flipkart's home care category

We chat with Nishit Garg, Senior Director & Head, Books & General Merchandise, Flipkart to get a bird's-eye view of the industry, as it witnesses such significant change. 



A 27-year-old hailed by Amazon as one of the best small business owners under 30 shares how he used his engine

Courtesy Bedtime BulbThe Bedtime Bulb is one of Amazon's top product picks, and its inventor is a finalist for Amazon's new award for small businesses.Greg



Fashion e-tailer FabAlley turns profitable, aims to grow 75% this year

Fashion house High Street Essentials which runs FabAlley and Indya, has turned profitable. The company has reported a net revenue of ₹90.2 crores for FY19,



Read the fine print in the warranty when buying a gadget this Diwalis

Warranties are cleverly worded, and many repairs and replacements will be at the company's discretion. If the warranty doesn't mention product replacement, it is subject to various conditions



Uber launches public transportation services in India

“India is a fundamental part of Ubers growth going forward. It is a very important market for us, a a top-10 market for us. We will continue to invest here. Profitability metrics across our business here are improving,” Dara Khosrowshahi said.



Why is the world watching for Prime Minister Modi's response to Walmart letter?

Walmart boss Dough McMillon writes to Prime Minister Narendra Modi seeking more clarity for India's business regulations.



Paytm founder Vijay Shekhar Sharma to take home Rs 3 Cr in remuneration in FY20

The proposal pertaining to Paytm founder's remuneration was approved by members of One97 Communications Ltd at their Annual General Meeting on September 30, 2019, filings with the Corporate Affairs Ministry showed.



Should Amazon, Flipkart Be Worried About Govt Scrutiny On Private Labels?

The DPIIT asks private brands and digital payments businesses of Amazon, Flipkart to submit percentage of sales of its private labels



Ex-Infosys Dy CFO Jayesh Sanghrajka may join Mphasis

Mphasis CFO V Suryanarayanan is due to retire in January, although he might still receive an extension.



Google India revenues fall 56% due to change in accounting standards

India Business News: MUMBAI: Google has shifted the revenue recognition for its ‘AdWords’ business from India to Singapore-based Google Asia Pacific, resulting in a fall i.



IBM Advances 'Watson Anywhere' for Indian clients to scale AI on cloud

New Delhi [India], Oct 22 (ANI): International Business Machines Corporation (IBM) on Tuesday announced new innovations to further advance its Artificial Intelligence (AI) driven intelligent cognitive approach -- 'Watson Anywhere' -- that will help several Indian enterprises scale their AI across any Cloud and wherever the data reside.



Pankaj Kumar named new UIDAI CEO

The UIDAI is a statutory authority established under the provisions of the Aadhaar Act, 2016 by the government under the Ministry of Electronics and Information Technology.



How Infosys’s accounting stands up vis-à-vis whistleblowers’ charges

An analyst had questioned Infosys about an unusual jump in unbilled revenues this year.This is reflected in the rise in fixed-price projects, where revenue recognition norms are different



Who are these 'Madrasis' and Diva on Infosys’ Board?

DN Prahalad and D Sundaram, who a whistleblower alleges were described as 'Madrasis' by Infosys CEO Salil Parekh, have had illustrious careers spanning decades



Here's how Indian IT firms are looking to address attrition woes

IT majors such as TCS, Wipro and Infosys are looking at ways to ensure employees stay motivated and are given the opportunity to grow professionaly.



T-Hub launches international collaboration programme Trestle

Start-up incubator T-Hub launched Trestle, to help growth-stage start-ups get access to new markets globally."It is designed to aid Indian start-ups with the right resources and connections to fo



Whistleblower complaint: Law firm eyes class-action lawsuit against Infosys 

Rosen Law Firm, a global investor rights law firm, has said it is investigating potential securities claims on behalf of the shareholders of Infosys Limited after a whistleblower's group claimed i



IT firm Hexagon to teach AI to school students

Ties up with Nasscom to set up Artificial Intelligence Community Centre



Indian banking, securities IT spend to grow 9% in 2020: Gartner

Spending on information technology will total $11 billion in 2020.Biometric technology will impact up to 20% of banking organisations in the next two to five years



Overall hiring intention of Indian IT employers weakens: Survey

A huge talent shortage can be expected by the year 2021



Red Hat has open source credibility: CEO Jim Whitehurst

'We are an open source software company looking to deliver open source platforms'.'Every line of code we have is open source—that will continue to be true going forward'



Now, TCS will pay double to company’s ‘Hot Talent’

The test is going to be one of the toughest tests in the industry, says TCS Chief Operating Officer



Who are the most dangerous celebrities to search for online?

Alexis Bledel tops list of the most dangerous celebrities to search for online



Rajiv Srivatsa, co-founder of Urban Ladder hangs up his boots

Vani Kola, MD of Kalaari Capital steps down from the Board



Allegations of unethical practices: Infosys CEO, CFO recused from investigations

Infosys, which is facing allegations of unethical practices from a whistleblower group, has recused the CEO and the CFO from the investigations conducted by the auditors.In a statement to the BSE, the



Investors eye social e-comm startups to target new users

Social e-commerce startups have raised $157 mn from venture investors this year.The e-comm market is expected to reach $84 bn by 2021, driven by growing internet penetration



Google India revenues more than halved to Rs 4,147 crore

Revenue, however, more than halved to Rs 4,147 crore during the fiscal year, from Rs 9,337 crore in the previous year. The local unit of the US search giant said revenue slipped due to the adoption of Ind-AS accounting standards.



If the founders can execute, the company will grow: Vatsal Kanakiya

Believe in a founder’s ability to execute over everything else. If the founders can execute, the company will grow.India cannot be adequately represented by any one city. Don’t extrapolate India scale results from city scale results



Edu loans platform Credenc raises $2.5 mn seed funding in round led by Omidyar Network India

The company plans to use the funds to expand operations to a 1000 colleges across 50 cities over the next two years.



Facebook CEO Mark Zuckerberg has admitted to coming across as 'robotic'

ReutersFacebook CEO Mark Zuckerberg.Facebook CEO Mark Zuckerberg has admitted that he "comes across as robotic" when he speaks and appears in public.Speaking



Regulate the Web, don’t wreck it with control

Internet’s fundamentals lie on free flow of information. Trying to micromanage it can hamper freedom of speech and democracy



Over 2K Tech Startups To Be Incubated Under MeitY Startup Hub’s TIDE 2.0

The government aims to empower over 2K startups through the Startup Hub and through 51 startup incubation centres around the country.



Facebook and Amazon set lobbying records amid Washington scrutiny

Facebook Inc. and Amazon.com Inc. set federal lobbying records in the third quarter as Washington ramps up oversight of the tech giants’ business practices.Facebook spent $4.8 million, an increase of almost 70% from the same period the year before



Wallet Wars | It may be too early to rejoice in PhonePe’s valuation

Walmart has truly unlocked value in PhonePe. But its success as a spin-off solely depends on how much money it manages to raise from investors, including Walmart, and for how long.



PayU eyes MobiKwik’s payment gateway

MobiKwik is fighting a broader battle against deep-pocketed rivals such as Paytm, PhonePe and GPay.



Digital India should be leveraged to transform rural areas: Ravi Shankar Prasad

Digital India initiative should be leveraged to transform rural India and create avenues for those in smaller towns and cities, IT Minister Ravi Shankar Prasad said on Monday.



Private brands businesses of e-tailers under scanner

India Business News: Private brands and digital payments businesses of online giants Amazon and Flipkart have come under the government scanner with the department for pro



TradeBriefs Publications are read by over 10,00,000 Industry Executives
About Us  |  Advertise Privacy Policy    

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