Apr 5, 2016 - Flipkart's eKart to handle logistics for Paytm

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Sree Vijaykumar From the Editor's Desk Are smart people better off with fewer friends? Evolutionary psychologists Satoshi Kanazawa and Norman Li theorize that situations and circumstances that would have increased our ancestors' life satisfaction in the ancestral environment may still increase our life satisfaction today - the savanna theory of happiness. This explains how residents of rural areas and small towns are happier than those in suburbs, who in turn are happier than those in large cities. But there is one big exception. For more intelligent people, these correlations were diminished or reversed. When smart people spend more time with their friends, it makes them less happy. One explanation is that these people are less likely to spend time socializing because they are focused on some other longer term objective, which gives them more happiness - Comment Flipkart’s eKart to handle logistics for Paytm Move is in line with Flipkart’s plans to open up its logistics services arm eKart to third-party merchants The Real Deal with Email and What TradeBriefs does right So, here’s the real deal with email. Yes, we all get too much email, but for those of us who check it, we do so over 15 times a day.   Banks may face problem with shrinking deposits and rising loans As banks reduce the proportion of purchase of government bonds, yields on them could climb and consequently push up costs for even corporates. Private equity, strategic investors vie for LafargeHolcim India cement units Advisers to the sale see seven-to-eight bids for the 11 mt cement capacity at LafargeHolcim as the deadline for submission of the non-binding bids nears Entrepreneurship Venture Capital announces $50 million India-focus fund Fund will invest in ventures Internet of Things, mobile space, ad-tech, e-commerce, gaming, wearables, education Will Blackstone’s biggest bet in India pay off? Blackstone Group, which has a string of troubled investments in India, appears to have struck a decent deal for its investment in Mphasis Ministry of Finance response to Panama Papers leak Full text of the statement issued by the Ministry of Finance in response to The Indian Express exclusive on offshore companies owned by Indians. Finance Ministry lines up 16 PSUs for disinvestment The list includes state-owned companies such as NMDC, MOIL, MMTC, National Fertilisers, NHPC, NALCO and Bharat Electronics, sources said. Government to ask Supreme Court to widen Aadhaar ambit On heels of Aadhaar crossing the one billion coverage mark, telecom minister Ravi Shankar said government will approach the Supreme Court Reserve Bank of India's new mission: Getting lenders to pass on its rate cuts Under the new rules, banks will need to adjust their lending rates every month based on what they offer for new fixed-rate deposits. Banks to invite buyers for ABG Shipyard stake Lenders to issue a public notice inviting expression of interest from buyers keen to pick up a controlling stake in ABG Shipyard Over 60 financial giants line up to partner with India Post Zee Media Bureau New Delhi: India Post's modernisation drive has already started paying it off in terms of upping its brand value. A large number of players offering financial services like banking, mutual funds, money transfer, insurance etc, have showed keen inclination towards tying up with the India Post and leverage its vast spread out network of branches. According to The Times of India report, there are nearly 1.5 lakh post offices across the country, 1.3 lakh in rural India LIC rides to the rescue of public sector banks LIC has infused a total of Rs2,539 crore in public sector banks in fiscal year 2016 Sebi panel backs action against NSE Regulator Sebi’s technical advisory panel finds evidence that some traders had unfair access to market data and trading systems DIIs apply to RBI to acquire over 5% stake in Equitas IPO Around four to five DIIs have applied to the Reserve Bank of India for the central bank’s permission to acquire more than 5% stake in Equitas IPO MFIN plans more checks and balances to ward off any possible danger Print Live Tax havens where rich Indians stash their money Rich Indians love to park their wealth offshore, away from the public glare and the scrutiny of the I-T Dept. The Panama Papers Leak is testimony to this fact. How MCLR will affect your home loan For new borrowers, home loan rates will be automatically reset either yearly or every six months Zero discounts on Patanjali products t a time when both retailers and consumers are hooked to huge discounts on products across categories, one company has braved the ‘zero discount’ strategy, and is stil giving its competitors sleepless Online portal that connects local retailers with buyers Has tie-ups with over 1,000 vendors; app downloads cross 5,000-mark Traders demand revisit of e-commerce FDI policy Alleging violations of new FDI policy by major online market places, traders body CAIT has demanded that government should fix the loopholes. Amazon takes on PayPal and others with launch of Amazon Payments partner program Amazon announced this morning a plan to spread adoption of its payments service, Amazon Payments, to more third-party websites. With the launch of its Amazon.. Govt slashes spectrum use charge, phone bills may drop Xiaomi Mi 5 review blog: Incredibly light flagship that looks premium Xiaomi Mi 5, the flagship device is s now officially available in India at a starting price of Rs 24,999. Here's our daily live review of the smartphone. BSNL to launch 4G in 14 telecom circles including Kolkata and Gujrat Telecom network operator BSNL is planning to enter the 4G market in 14 telecom circles utilizing its 20 MHz liberalized broadband wireless access (BWA) spectrum or 2,500 MHz band. BSNL, a mobile operator owned by the India government, will be competing with 4G LTE network operators such as Bharti Airtel, Idea Cellular, Vodafone and Reliance Jio DataWind welcomes Telecom Commission's decision to MVNOs in India NEW DELHI: Aakash tablet maker Datawind CEO Suneet Singh Tuli welcomed the news of the Telecom Commission’s decision to mobile virtual network operato... Airtel Failure Forces 4G Girl Sasha to Quit and Join Reliance Jio If article published by web portal microfinancemonitor.com is to be believed, Remember the 4G girl who has gripped the TV viewers more than any cine actor for her convincing acts to say 4G of Airtel is real and true? Yes, those who could not download or watch the India-Pakistan cricket match decided to take her to the court for false advertisement while the social media is trolling her every minute.   Jio to offer 40-80 times better mobile broadband speeds in India: Mukesh Ambani Mukesh Ambani, chairman of Reliance Industries took the stage at FICCI FRAMES 2016 and spoke about the future of digital media and Reliance Jio services. As FDI rules kick in, Flipkart works closely with top sellers to beat Amazon Flipkart is working more closely with its top sellers, as it looks to improve the customer experience to take on an increasingly aggressive Amazon. Online Bike Service Platform Gear6.In Raises Seed Funding knowstartup (press release) knowstartup (press release)Bangalore-based online bike service and repairs platform, gear6.in, has raised $500K in a seed round funding from Ninestarter, an early-stage seed investment company. Founded in 2016 by by Rakesh Vaddadi, Srikanth Nelakuditi, Kumud Kumar and  Amazon, Flipkart tackle trust issues; focus on converting the older generation into online shoppers Even as new rules steer e-commerce companies away from discounts, the two online giants have been changing their marketing pitch Doordarshan starts free TV services for mobile phones in 16 cities - Users are required to download the softwares and plug these dongles in smartphones and tablets to receive DD signal. Ailing ecommerce site Groupon gets $250 mn infusion; to use the cash infusion to boost share repurchases and to revive growth Groupon, the daily deals ecommerce operator which has been struggling since a hot public share offering, said Monday it received a $250 million investment from a private investment fund. Mumbai Dabbawallas Are Now Successfully Delivering Flipkart's Products; But English Remains The Biggest Challenge Exactly a year ago, we had reported the partnership between Flipkart & Mumbai Dabbawallas for delivering ecommerce products in the city. Cable TV distributor and multi system operator Den Networks going to sell 55% of DEN Sports to Wall Street Investments for Rs 43.32 crore Cable TV distributor and multi system operator Den Networks is going to sell 55% of DEN Sports (which owns Delhi Dynamos, the Indian Super League football Myntra unveils new international brand campaign; aims at showcasing Myntra as the go-to destination for the latest in global fashion from top international brands Online fashion portal Myntra, has announced the launch of a new International Brand campaign called'#JustArrived'.The campaign is aimed at Blackstone makes its boldest bet in India with $1-bn Mphasis buyout Edging past peer Apollo Global Management — the other serious contender — Blackstone on Monday signed a definitive agreement with HPE. Xiaomi makes first investment in India : Puts in $25 million in video-on-demand service Hungama Xiaomi will integrate Hungamas video on demand service with the Mi platform available on smartphones and televisions, the latter not yet available in India. Telangana eying $7.5 billion business : Will set up two electronic clusters in Hyderabad Telangana proposes to invest heavily on IT parks and infrastructure for the ICT companies in the cities and rural areas. 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. 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