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Thursday, February 09, 2017

Feb 9, 2017 - RBI policy U-turn risks growth blowback for cash-poor economy

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
I was having the 'product vs service startup' discussion with a colleague yesterday and how entrepreneurs should adapt their thinking based on life-stage and risk appetite. The holy grail of a product startup is the elusive 'product-market fit' after which revenues can grow exponentially like Uber or Facebook. However, the probability of achieving this fit is really really low, even in niche B2B areas (think of all the expense solutions and marketing automation products out there). Some of us entrepreneurs in our late thirties may not be able to afford jumping from one failed product to another. We need to grow revenues with predictability, which is what a service business allows you to do (relatively speaking). However, productizing portions of your business internally is a great way to achieve some non-linearity in growth. It can help cut costs, while still keeping customers happy.

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RBI policy U-turn risks growth blowback for cash-poor economy

RBI is withholding monetary support at a time when India’s economy is vulnerable to paucity of cash that has dented consumption




Brightest minds of India Inc. to convene at Retail Leadership Summit 2017 to deliberate on the future course for retail in India
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Come February 15, and Renaissance Hotel & Convention Centre, Mumbai will be abuzz with activity as the best and brightest minds of retail from across India will come together to chart the way forward for the industry at the Retail Leadership Summit (RLS). To be held on February 15 – 16, RLS is the biggest knowledge sharing platform for the industry organised by the industry, for the industry. Organised by Retailers Association of India (RAI), RLS 2017 will focus on the theme Collaborating to Win the Connected Consumer as Collaboration is the need of the hour, the way ahead for all. Speakers at the event include industry leaders such as BS Nagesh, Founder TRRAIN & Chairman RAI; Dr A Velumani, Creator & MD, Thyrocare; Govind Shrikhande, MD, Shoppers Stop, Hari Menon, Co-founder & CEO, Bigbasket.com; Vijay Shekhar Sharma, Founder & CEO, Paytm among others. To know more,click here

 

Advt: Work for the best employer - Yourself
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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.

Cipla’s future growth hinges on the wait for approvals

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Airtel CTO Shyam Mardikar on 5G mobile in India

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Alibaba in talks with telecom honchos to bring free internet to India

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Phones in India more dear than significant other: Survey

About 75 per cent of the adults reported getting into an argument with a significant other over being on a device while together.



BlackBerry inks licensing deal with Indian telecom Optiemus

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Bad news for India's basmati rice exports as Iran imposes caps on imports, prices

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Pesticides, heavy metals found in 'organic' rice

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Global authentication conference opens in Delhi

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Fabindia plans to launch indian herbal tea in China

Fabindia, the countrys largest private retailers of ethnic wear and other traditional products, acquired a 40% stake in Organic India in 2013, and later increased it to 50%.



Nissin Foods to serve up Future Group's tasty treats at kiranas

The arrangement is a novelty in India, where about two decades of organised retailing have failed to erode the dominance of neighbourhood grocers in the $600-billion-a-year market.



Havells India enters personal grooming segment

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180 Kerala Beverages Corporation Outlets Homeless Post SC Order- News18

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Havells India enters into personal grooming space; aims to capture 25% market share

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Hapur plant stopped discharging waste in pond: Coca Cola

The bench was hearing a plea by one Sanjay Kumar seeking restraint on the alleged illegal discharge of untreated waste water into the pond.



India may lose top slot to Pakistan in Basmati export race

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Grievances galore! Snapdeal, Flipkart on list of firms with most complaints

India's two of the largest ecommerce players, Snapdeal and Flipkart have made it to the list of top five companies against whom there are maximum complaints registered in the last three years.According to data from National Consumer Helpline, around



Flipkart and Snapdeal among top five companies with maximum consumer complaints

Flipkart and Snapdeal, the flag-bearers of the Indian e-commerce industry have been news lately for all the wrong reasons. What's ailing them?


Flipkart to work with sellers to absorb GST price hikes

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SoftBank's books recorded $350-m loss on investments in Snapdeal, Ola

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Low-cost 4G feature phones may keep lead over smartphones in 2017

“Feature phones dominated total handset shipments in India in 2016 and we expect this trend to continue in 2017,” JP Morgan said in a note to clients.



Google bags first city Wi-Fi deal for Pune under Smart City Project

The latest contract is valued at Rs 150 crore, and includes capital expenditure, operating expenditure and revenue sharing elements.



Cognizant finds 'improper payments' of $6 million made in India

In September last year, Cognizant had said it was conducting an internal investigation into possible violations of the US Foreign Corrupt Practices Act.



Cognizant plans to multiply the US workforce

Cognizant plans significant increase in US workforce



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