Jan 27, 2016 - How business owners can create alignment among family members

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Sree Vijaykumar From the Editor's Desk One can see the impact of Silicon Valley thinking on Vishal Sikka's efforts to reinvigorate Infosys. Design thinking and Zero Distance are noteworthy in emulating the Hipster-Hacker-Hustler mindset in Silicon Valley startups. Zero Distance is an Infosys initiative to get engineers closer to the customer and in utilizing their abilities to solve customer problems. Founders of some of the most successful Silicon Valley companies are hackers or engineers. Hackers there have a level of respect missing in the Indian IT Services industry, where everyone wants to become a people manager. Sikka is trying to change that at Infosys. While true hipsters (designers) are few and far between in India, encouraging his employees to employ design thinking is definitely a starting point. The hustlers (sales people) were already there at Infosys, now they need to work closer with the hackers and hipsters to sell innovative solutions to their customers - Comment How business owners can create alignment among family members Family businesses that are able to foster solidarity, share a set of values, and are sensitive to changing equations are the ones that succeed Advt:Affordable Housing Schemes in Dubai with Post hand over payment plans Affordable Housing Schemes in Dubai with Post hand over payment plans Policy muddle forces Lafarge to work on twin-deal track Bankers involved in sale of Lafarge’s India assets are pursuing Plan A and B to try and get clearance for global merger between Holcim and Lafarge Paytm all set to go global through Aliyun Paytm has signed a pact with Alibaba’s cloud computing arm AliCloud, and will be spending `120 crore to deploy Alipay’s technology via Aliyun Finance ministry seeks banks' view on more capital infusion Pursuant to public sector banks' revamp plan, Indradhanush, Finance Ministry has asked NPA-laden state-run lenders to present their business plans to understand their incremental capital requirement following the RBI directives to clean up their books. Oil is too high. Oil is too low. Which one is bad? A globalised world means that India will not escape the contagion if the doomsday predictions play out India, France ink $15 billion in business deals Deals span sectors including aviation, urban development and railways; French firms will invest $10 billion in India over the next five years Munich Re to buy additional 23.27% stake in Apollo Munich Health Insurance for Rs 163 crore Munich Re is buying an additional 23.27% stake in Apollo Munich Health Insurance from its joint venture partner, the Apollo Hospitals Group. Tech makeover to make banking simpler, more affordable Tech makeover to make banking simpler, more affordable - With enhanced digital offerings and focus on omni-channel, banks are moving from product-centric to customer-oriented approach. In days to come, banking will also be done through malls, self-service kiosks and pop-up branches manned by a single person What’s On Rent raises angel funding led by Lalit Mangal and Neeraj Gupta Online product rental marketplace Whats On Rent has raised angel funding led by CommonFloor cofounder Lalit Mangal and Excubator cofounder Neeraj Gupta. Buildzar raises $4 million from Puneet Dalmia Dalmia, managing director of Dalmia Bharat Ltd has made the investment in his individual capacity Private equity deal tally rises 30% to $16 billion in 2015: Grant Thornton The startup segment contributed 60% of the total investment volume, says the report. In 2014, there were 608 private equity transactions worth $12.37 billion. Strategic Debt Restructuring scheme: 'A solution, with its own problems' SDR scheme introduced to help banks reduce their debt has its own share of loopholes and is only postponing lenders’ NPAs to later years, say experts Global risks pose a bigger threat to Indian economy now: Moody's Investors term India as much better placed in terms of growth Government asks Coal India to meet 550 million tonnes target in fiscal 2016 Coal India Ltd is eyeing an output of one billion tonnes by 2020 Slide in oil prices is hurting India’s third-largest category of foreign investor For the first time in the last eight at least, sovereign wealth funds are seeing a tapering in their assets Sebi reviews risk systems in choppy markets The markets regulator has told top exchange officials and brokers to track markets to ensure there is no foul play Banks to get commission for unlocking household gold, RBI says The government will pay banks a 2.5 percent commission to unlock the country's massive stash of gold under a new monetisation scheme, the RBI said, as the ambitious plan received a poor response from banks and customers. Real estate meltdown, yuan fall and bank NPAs: Why we will be living dangerously in 2016 It is unrealistic to expect the Sensex to rally by more than 10-15% You can buy five state-run banks for $1.5 billion The benchmark BSE Sensex climbed over 159 points in early trade on Monday, extending its weekend rally on continued buying amid a firming trend at other Asian bourses on indications of additional central bank stimulus. Retailers feel the chill as late winter forces early sales With the annual winter “End of season” sales starting almost a month ahead of schedule, the flat 50% off sale in January has turned out to be a damp squib. German investor Rocket Internet may close down FabFurnish; looks for Indian partner Rocket Internet is planning to pull the plug on two of its online businesses as it grapples with challenges facing its bouquet of ventures in India, including flagship Jabong. Flipkart looks to curate product range for 'Smart Homes' Some of the products under smart living include smart bulbs, products for home security, controlled lighting, automated curtains,etc. Apple reshuffles India business, changes roles of senior executives Apple India has merged its product divisions and split its business into two in line in a bid to significantly expand its market reach. Traditional retail ups its digital quotient Struggling for relevance in the wake of the e-commerce environment, brick-and-mortar retailers are aggressively turning to digital technology to redefine in-store shopping Making of a smart store The use of digital technology in stores can change the game for traditional retailers. Here’s how leading brands are redefining shopping as we know it Thinfilm and Tata integrate NFC and POS technologies for retail FoodBev.com FoodBev.comThinfilm has launched a global partnership with Tata Consulting Services to create the next experience in retail, through a combination of Thinfilm's proprietary near field communication (NFC) technology and Tata's portfolio of solutions for retail ... Truefitt & Hill to open five outlets by March Franchiseindia.com Franchiseindia.comOf the total planned centres, 25 will be opened via the franchise route while 50 will be corporate-owned outlets. Lloyds Luxuries Ltd is the firm which owns the master license for the chain in India besides bordering countries like Sri Lanka, Myanmar ...sp;» The Insanely Complicated Logistics of Cage-Free Eggs for All Demand for cage-free eggs is soaring. But it took a long time to put hens in a cage. It’s going to take a while to figure out how to get them all back out. Know the difference between Organic and Natural products before you hit the stores The beauty industry is overflowing with products that claim to do miracles for the skin and hair under the label of -organic- and -natural-. Whether the products are well- researched and medically tested is often a blur. FDI in food retail: CAIT upset by Harsimrat Badal letter to PM The trading community, represented by the Confederation of All India Traders (CAIT), h It's time for India's Prime Minister to take a stand on net neutrality For the past few months, India's netizens have been embroiled in a fierce battle against telecom companies and Facebook to prevent them from ushering in an UK telecoms to share broadband speed details with business clients, will TRAI and DoT? British telecom regulator Ofcom is set to revolutionize the broadband market by prompting operators to share more accurate and reliable information on the broadband speeds with their business clients. The new telecom policy will be effective from September 2016. UK’s main Business Broadband providers — BT Business, Daisy Communications, KCOM, TalkTalk Business, Virgin Media, XLN Apple reshuffles India business, changes roles of senior executives Apple India has merged its product divisions and split its business into two in line in a bid to significantly expand its market reach. With 1 million Android mobile devices infected in India, is your mobile safe? In a mobile security report by Cheetah Mobile, the company claimed that in 2015 as many as a million Android mobile devices were infected in India. How one billion mobile phones can change India Such connectivity will level the playing field across jobs, ease rural-to-urban mobility, and catalyse gender equality. India's Reliance Communications expects to seal mobile tower deal in 2 weeks India's Reliance Communications Ltd (RCom) expects to reach a deal to sell its mobile phone masts business to a group of companies led by buyout firm TPG Capital Management LP in the next two weeks, its chief executive said on Monday. India second most affected with Android malware: Cheetah Mobile In 2015, Cheetah Mobile detected over 13,00,000 malicious websites. The number of malicious sites increased month on month, reaching its peak in Dec. As mobile internet soars in India, so do valuations: Sequoia Fears that companies may be unable to justify their high valuations have led some veterans to question whether there is a bubble. Delhi Metro Transforms Into Pickup Hubs For Ecommerce Portals; 10 Stations Designated As Last Mile Delivery Points Delhi Metro has announced that customers will soon be able to pick their online orders from their premises.and pay for their orders at Metro premises as well TradeBriefs Publications are read by over 10,00,000 Industry Executives India Business Brief | India Retail News | India Food Brief | India Telecom Brief | India Finance Brief | India Software Brief | India Digital Brief | India Ecommerce Brief | India Franchise Brief | India HR Brief | India Logistics Brief | India Construction Brief 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