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Invite Friends   From the Editor's Desk Why Naval Ravikant Hires Artists There are many schools of thought when it comes to evaluating technical talent. Whether your company uses algorithmic problems, take-home projects, timed tests, or some combination of the three, it's hard to prescribe a one-size-fits-all process for analyzing the potential and ability of a candidate. One heuristic, however, that AngelList Founder Naval Ravikant has found to be a powerful signal of technical talent is a candidate's artistry. As Naval says, "The best people in any industry on the planet - whether they're building rockets or electric cars - are artists." Elaborating on his stance, Naval expanded on the importance of artistry, skill-based hiring, and properly aligning incentives. Continued here Read TradeBriefs every day, for the top insight! Advertisers of the day Columbia Business School: Executive Program in Management | Starts Nov 2019 | Apply Now to get early application benefit of USD $3000 Columbia Business School: Apply for Digital Business Leadership Program | Alumni Benefits | Avail USD $3000 early application benefit Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails.     Virat Kohli on reported rift with Rohit Sharma: Bizarre how lies are made to look believable Virat Kohli categorically refuted rumours of a rift with his deputy Rohit Sharma and said that people were feeding off lies and being disrespectful to the players' personal lives. Apply for these government jobs that offer salary up to Rs 2,17,000 under 7th Pay Commission 7th Pay Commission Latest News: Good news for aspirants who are looking for a government job as Government of India, Ministry of Home Affairs Directorate General, SSB has invited fresh applications for 150 vacancies. According to the latest notification, SSB has invited (Male & Female) applicants for the vacancy of 150 Non-Gazetted and Non-Ministerial post of constable of India. Indian women are leaving the workforce, but improving these 8 factors can help them return: report A report by Kool Kanya identifies eight reasons Indian women are leaving the workforce, and suggests actionable strategies to help them return. Turkish architect designs insane hotel that hangs off a cliff in Norway The design studio said the concept is the world's first and "the only building in the world to incorporate a 360-degree infinity pool." Did you apply for Google CEO's job on LinkedIn? The job posting for Google CEO, put up by Michel Rijnders, evoked mixed responses from LinkedIn users.Usually, creating job postings on the platform needs a premium subscription, but Rijnders could post job opening at no cost Reporter's Take| Zomato response to customer's 'change rider' request sparks debate on social media "Food doesn't have a religion. It is a religion," the company tweeted in response to the customer's request for a different delivery executive. You could be fined or jailed for holding crypto Govt panel recommends ban on virtual cryptocurrencies, so if you still have some crypto units lying somewhere, we tell you what to do with them.The committee is favourable towards launching an official digital currency The Internet Is a Cesspool of Racist Pseudoscience The author of Superior: The Return of Race Science knows this from firsthand experience Flipkart adopts omnichannel strategy in India with new retail store Walmart-owned Flipkart has gone offline in India by opening a furniture experience centre in Bengaluru. Flipkart Goes Omnichannel For Furniture With Its First Offline Experience Centre Flipkart will set up a FurniSure Experience Centre in Bengaluru to provide shoppers with a 'touch and feel' furniture shopping experience. Retailers welcome Telangana move to extend by 3 years 24X7 operation of shops The Retailers' Association of India has welcomed the Telangana government move to permit all shops and establishments in the state to remain open on all days of the year.The State Labour Department th Amazon Might Acquire Uber Eats To Foray Into Food Delivery Uber Eats was launched in India in 2017. Amazon is looking to expand its range of services with this acquisition. Retail Chain 1-India Family Mart in talks with PE players for fund raising; eyes IPO in 2021 The company that started as a bootstrapped company, Nysaa Retail raised its first external funding of $7 million from Carpediem Advisors in 2018 after completing five years of operations PhonePe gets a Rs 698 crore topup from Singapore parent Funding part of a $500m capital commitment made by Flipkart for its payments arm in 2017. Three years after note ban, cash continues to be king; digital payments yet to catch up The demand for cash is higher in States with a high population density New price points, smaller packs: How Kellogg plans to double India revenue The company will also be focussing on customising its products according to Indian taste and preferences to push sales Payment banks ask RBI to relax deposit cap Payments bank model is challenging but not impossible: Fino Payments Bank CEO $30 mn in prize money, juice, zip lines and teenagers: Welcome to the Fortnite World Cup For the first Fortnite World Cup, Epic Games, the publisher, struck a deal to take over the tennis center for three days. It was the last possible weekend to do so before the U.S. Open build-out begins in earnest. NBCC as Amrapali homebuyers' saviour sets a bad precedent The NBCC appointment has more questions than answers. It's a throwback to SBI's beast of burden role Milk packet in Kerala with tagline Brahmins Product and Gau Raksha goes viral. Internet is furious The milk is being marketed with taglines that say Brahmins Product and Gau Raksha, Desh Raksha in Kerala. The picture of the packet was shared on Twitter with the hashtag Smash Brahmanic Patriarchy. Affle India IPO subscribed over 86 times, retail portion sees strong response The IPO consists of a fresh issue of Rs 90 crore and an offer for sale of 49,53,020 equity shares, including anchor portion of 27,72,483 equity shares. RBI slaps Rs 26 lakh fine on Mobikwik, Hip Bar for violating norms One Mobikwik Systems Private Limited has been slapped a fine of Rs 15 lakh while Hip Bar Pvt Ltd faced a fine of Rs 10.85 lakh, according to an RBI release. CoC declines to release one month salary to Jet employees Last date to submit EoI for Jet assets set to August 3 25 Top E-Commerce Power Players The growth of global e-commerce presents fresh opportunity for retailers, especially for those forging the path to e-commerce brilliance. See who joins Adam Sussman of Nike, Matt Carey of Home Depot, and Yael Cosset of Kroger on this exclusive list of visionaries, thought leaders, and experts driving e-commerce excellence. PNB Housing raises Rs 690 crore from IFC to push affordable housing PNB Housing Finance Limited has raised $100 million from the International Finance Corporation to finance affordable housing projects and support the government's Housing for All by 2022 vision. Millennials are transforming $50 billion Indian wedding industry Luxury designers have transformed their production and marketing budgets as free-spending Indians take to year-round weddings. Club Factory to expand operations, onboard 10,000 sellers Club Factory started operations in India in 2016 and has an office in Gurgaon. The company plans to open offices in Bengaluru and Mumbai as well. State Bank of India tightens lending terms for auto dealers SBI said it is revising the lending terms because of "growing stress" in the carmaker's portfolio. Sri Lanka- Power World Gyms announces innovative franchise opportunity (MENAFN - Colombo Gazette) Power World Gyms, the leading fitness chain in Sri Lanka and India with a total network of 90 gyms serving over 100,000 Indonesia's Wake Cup Coffee Eatery makes Indian debut Indonesian coffee chain Wake Cup Coffee & Eatery has launched in Mumbai. The franchise opens in India in partnership with local franchisee Gobble Me Govt shows steely intent in resolving thorny IBC issues Rajya Sabha passes IBC amendments restoring the primacy of lenders.The amendments also mandate a strict 330-day timeline for the insolvency resolution process, including any legal challenges Sex tech startups protest outside Facebook office in US Consumer panel fines retail store for charging GST on discounted price Ludhiana: Clarifying that charging GST on a discounted price of a product is an unfair practice, District Consumer Disputes Redressal Forum has impose. Amazon plans imminent launch of online food delivery service in India Amazon is aiming to launch the new service delivering from restaurants ahead of festive season. Amazon Looks At Reliance Retail After Alibaba-Reliance Deal Falls Through Amazon is said to be eyeing a share of the India's offline retail. Amazon was earlier in talks with another offline retail chain, Future Group. What customers really want: Cashbacks and deep discounts can only go so far Indian startups are prone to emulate already successful global ideas. Simply put, we are a bunch of failing copycats. India slips to 7th largest economy in 2018: World Bank India Business News: India has been pushed to the seventh place in the global GDP rankings in 2018 with the UK and France forging ahead to the fifth and sixth spots, data Consumer Protection Bill 2019 to tighten screws on the ad industry A central government authority to impose penalties on manufacturers, endorsers and even publishers of misleading advertisements. Penalties include a jail term up to five years for repeat offenders Google is bringing voice-free emergency operator access to Android Share information about the assistance you require to an emergency operator without speaking. Indian logistics startup Rivigo granted US patent for its driver system Gurugram-based startup Rivigo claims it is the first Indian company to be patented by the US for differentiated technology that makes the logistics industry more efficient. Zomato, Reliance, Amazon dig Rahul Bose's JW Marriott bananas Pizza Hut, Zomato, PolicyBazaar, everyone's cashing in. Smartphone sales expected to drop 2.5% globally this year Gartner analysts @RobertaCozza_ & @MobileAnn say WW #smartphone sales will decline 2.5% in 2019. Read more: Japan (-6.5%), Western Europe (-5.3%) and North America (-4.4%) are set to exhibit the worst declines in sales of smartphones in 2019. #mobilephone #Mobile Why laundry brands' attempt to protect the future by targetting millennials can be a marketing gimmick From Future Consumer to Hindustan Unilever, FMCG firms are launching a range of detergents targeting the millennials FMCG Labels Market is highly influenced by the performances of manufacturers who sells their products under FMCG domain What was it like to be a diplomat in Pakistan during the Kargil war: A former Indian envoy remembers "Chup rehna mera farz hai." For FMCG companies and consumers, ₹10 packs fit the bill FMCG companies are launching cheaper packs to attract new consumers as a slowdown hurts demand.Over the past few quarters, brands such as Doritos, Dabur Amla hair oil have all released products in ₹10 price packs India Inc reacts to VG Siddhartha's disappearance The Café Coffee Day founder has gone missing in a shocking case; entrepreneurs say it points to systemic issues in corporate India Why Asia's Banking Hubs Are Making Virtual a Reality Allowing virtual banks to operate means more competition, which may eventually lead to a price war. JW Marriot gets a taste of their own `bananas`, fined Rs 25,000 after Rahul Bose`s post creates stir on social media Bollywood actor Rahul Bose's post on two bananas costing a whopping Rs 442 at Chandigarh's five-star hotel JW Marriot caused a stir on social media.  Goldman Sachs, Gojek bet on India's Behrouz Biryani Rebel Foods says its 235 kitchens in 20 cities produce 2 million orders a month. Most are located in industrial complexes, first floor walk-ups or sid.. India May Be In The Midst Of A Structural Slowdown, Warns Kotak's Sanjeev Prasad With private consumption weakening and government finances constrained, the slowdown may be protracted, says Sanjeev Prasad. Areas showing early caution are unsecured personal loans and credit cards: Shanti Ekambaram, Kotak Mahindra Bank India fine from mid-term perspective but investment needed to kick start economy Startup Layoffs On The Rise: Shopclues, Rivigo And Other Startups That Downsized In 2019 This year at least five Indian startups had to pare down their teams and are going about their operations with fewer resources than they started the year with. Richard Branson's Virgin Hyperloop One project gets nod in India The journey from paper to reality. CCD founder death: Slowdown, tax terrorism regulatory issues at fault, says Bala If the situation is bad, people tend to take extreme steps, says former Infosys board member. TradeBriefs Publications are read by over 10,00,000 Industry Executives 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