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Saturday, January 23, 2016

Trending: Jan 16- Jan 23 : Retail technology firm SnapBizz raises $7.2 million to spur market expansion - Economic Times

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Retail technology firm SnapBizz raises $7.2 million to spur market expansion

SnapBizzs solution is present in traditional retail outlets in Mumbai, Pune, New Delhi, Bengaluru and Hyderabad via a technology solution.



WeWork contemplates entering Indian market: Adam Neumann

WeWork is a four-year-old company that provides shared workspaces largely to start-up companies without owning the properties itself.




Paytm Force enables sellers to avail services from third-party partners

Paytm has launched Paytm Force to assist and advise merchants on its platform. The service will have more that 3,000 certified ecommerce partners who will offer



India ranks 2nd globally for mobile device threats: Kaspersky

According to the report India ranks a “frightening” second in the world for mobile device threats. Kaspersky lab is an international software secu..




After financing 500 new entities, Sidbi all set to boost 'Startup India'

Small Industries Development Bank of India (Sidbi), which has given financial support to over 500 new entities, today said it will further ramp up its capacity for Start-up India movement.




Months after Kishore Biyani deal, Rajasthan's new ration shops still can't beat local kirana stores

Local preferences, uncompetitive prices, bad roads, and poor rural demand have led the Annapurna Bhandar scheme to a stuttering start.



Housing.com raises Rs100 crore from Softbank

Housing plans to use the funds to drive its new strategy of building scalable revenue streams and going deeper in the value chain




Amazon says it will hold Great Indian Sale from Jan 21

The sale would be the biggest sale of the year on Amazon India website so far, said the company.



Hayashi Electric forays into India's fan market,eyes sale of 5 lakh units

New Delhi, Jan 18 (ANI-NewsVoir): After making its presence felt in 14 countries across four continents, global consumer electronics brand and leader in the electric fan industry, Hayashi Electric Ltd., today announced its entry into India launching



WeChat Targeting U.S. Market with Affordable Skype-Like Calls

Skype is the leading provider of voice and video calling services, not just in the U.S., but also across the globe. The application is actually the granddaddy of IMs and VoIP; however, recent times have seen it experience some of its toughest tests in business. The application is actually the granddaddy of IMs and VoIP;






IBM bags $40mn deal from Bank Tech India Payments

Technology giant IBM today said it has bagged a 7-year deal worth USD 40 million (abou




DIY e-commerce platform Kartrocket raises $6 million from Bertelsmann India, others

KartRocket’s existing investors Nirvana Digital India Fund, 500 Startups, Beenext also participated in the round led by Bertelsmann India Investments





Israel should build long-term stakes in Indian economy: Sushma Swaraj

India was working for closer political interaction and deeper economic engagement with Palestine, External Affairs Minister Sushma Swaraj said here on Sunday




Reliance Jio to go for limited 4G launch in days; LYF phones coming next week

Reliance Jio is not planning a big bang, all-at-once launch of its 4G commercial service, but will introduce it to the public in stages starting as early as the end of this month, a mid-level executive with the company revealed. “We’ve been told to work for a limited launch this month,” said the marketing executive. It should be kept in mind that the target may have been given to mid-level managers for motivating them and may not be a final one. Another source, a distributor, has indicated that the launch will happen in February, or at most, by Mar 1. But he was talking about open sale of SIM cards, not a limited launch. Feedback from the ground indicates a




Indian e-tailers must rethink deep discount model: Nikesh Arora, SoftBank

The COO of the Japan-based telecom and Internet giant said that 2015 witnessed huge funding going into start-ups, but it also saw firms being wiped out.



MAIT seeks reforms for 'ease of doing business' in India

“There are multiple regulatory and operational issues plaguing the Indian IT manufacturing. If the government is serious about campaigns like ‘Mak..




How the man behind Shopper's Stop's first store is now making lives of retail associates easy

Back in 1991, B.S. Nagesh joined the Raheja Group as General Manager. He was trusted with the responsibility of setting up the Group’s retail arm and given



Retailers must provide 'ME'aningful customer experiences: Wipro-Planet retail research

Business Wire India
A new study by Planet Retail and Wipro Limited confirms that retailers who do not provide individualized and digitally connected customer experiences, are falling behind competitors.



Apple seeks DIPP nod to open own stores; no mention of proposed investment

The maker of the iPhone and the iPad has made a proposal to the government for a wholesale foray, where up to 100 per cent foreign investment is permitted



Implementation challenge for Indian economy: RBI Governor Raghuram Rajan

Implementation remains a major challenge for the Indian economy and if it can deliver on its promises, the country will be "the place to be", Reserve Bank of India Governor Raghuram Rajan has said.




Profits of 8 PSBs at risk from higher provisioning

Lenders face litmus test on profitability as they provide for bad loans ahead of RBI deadline to clean up their books




Banks still struggling with trust deficit

Perception of global banks stays low as news of malpractices in sector continue to come to light, shows survey




Nestle agrees a partnership with Alibaba in China to grow online sales, build key brands and offer new products

"Using Taobao.com, the country's largest shopping site overall, Nestle is expanding its distribution in rural areas," a statement said.



The fault in our start-ups

Internet start-ups are cloning business models from the West, without much thought on how to Make in India




IT industry must explore new opportunities, says Nasscom

The IT industry needs to look for "new opportunities" amidst various problems and challenges facing the sector, Nasscom president R Chandrasekhar said today.




Lenovo India expects 25% of server revenues to come from government sector

Lenovo said it expects about 20-25% of its server revenues to come from the government vertical on the back of initiatives like Digital India.




Almost 7 out of every 10 Indian youth have a tech knowledge-gap, says Infosys

DAVOS, Switzerland, January 18, 2016 /PRNewswire/ -- Infosys Research Reveals Disparity Between Developing and...




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