Tuesday, October 1, 2019

October 1, 2019 - Airtel dials PE firms, likely to hang up on tower infra business

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TradeBriefs Editorial

From the Editor's Desk

How start-ups will lead India through the Fourth Industrial Revolution

As the Fourth Industrial Revolution continues at full steam, the entire world must prioritize job creation and the retraining of the current workforce in order to prepare for the digital age. Currently, one in five working individuals says their professional skills are not up-to-date, as robots, machine learning and automation proliferate in the workplace.

The unfortunate truth is that technology is going to replace some jobs - experts suggest as many as 40% of jobs around the world will disappear in the next 15 years. The threat of job displacement is especially large for countries like India, where an enormous percentage of the population is of working age. Indeed, according to census data, the vast majority (more than 63% in 2011) of Indians are between the ages of 15-59. That's a massive amount of jobs to both fend off what is sure to be an impending unemployment crisis and to create new opportunities to bring young people into the workforce.

Continued here

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Telecom
Airtel dials PE firms, likely to hang up on tower infra business

Telco explores options to sell off its entire stake to private equity funds.Airtel holds 53.51% in Bharti Infratel, while Vodafone Idea has an 11.15% stake in Indus Towers


Telecom
Why Google Pixel has failed to woo Indian smartphone users

Look at Google Pixel numbers. In the second quarter of 2019, it had less than 0.1 market share in the Indian premium smartphone segment — dominated by Samsung, Apple and the likes of OnePlus, according to Counterpoint Research.Get latest Business online at cnbctv18.com


12 More Telecom Stories


 R & D

Finance
Altico crisis: HDFC Bank's Aditya Puri defends en-cashing FD

HDFC Bank Aditya Puri Reacts on Altico Capital liquidity crisis


Finance
PMC crisis: This tiny bank in Maharashtra is a canary in India's coalmine

Indian officials registered a police complaint against the senior management of ...


62 More Finance Stories


Food/FMCG
Cosmo Films-led group keen to bid for Kwality

ET had reported on September 3 that a team of Haldiram Snacks and Pioneer Securities had offered Rs 128 crore to acquire Kwality that owes Rs 1,969 crore to a clutch of lenders.


Food/FMCG
Festive season sales to be good for FMCG but next 6 months crucial for consumption revival: Nestle

The company is still keeping an eye on short- to medium-term consumption trends, Nestle India Chairman and Managing Director Suresh Narayanan said.


4 More Food/FMCG Stories


 Tax Strategy & Technology Summit 2019
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Software
Growth is our DNA, nobody wakes up motivated by margins: Cognizant CEO Humphries

India Business News: Brian Humphries indicates he's rolling back the strategy that focused on raising margins. Says employees like to celebrate gaining market share, beati


Software
EY to hire 14,000 employees in India; Deloitte, KPMG recruiting too

Ernst & Young (EY), one of the largest professional services firms in the world, is reportedly planning to hire 14,000 employees for its global delivery services (GDS) centres in India as a part of its strategy to boost its technology and consultancy serv


10 More Software Stories


Ecommerce
Meet Amazon, Flipkart's new competitor: HDFC Bank

The discounts will be available on both debit and credit cards of HDFC Bank.The bank will aggregate offers from across merchants and present its users with the best offers on its website


Ecommerce
Fall of a unicorn: Can ShopClues find a white knight to claw back lost turf from Flipkart and Amazon?

Three years since its headline-grabbing fundraise, ShopClues' journey has changed course for the worse. The online shopping platform, run by Gurugram-based Clues Network, has of late been surviving on bridge rounds, with its existing backers throwing in a lifeline. But with a large base of upwardly-mobile customers and a huge data trove on their buying habits, ShopClues has reasons to be optimistic, as India's tier II market remains underpenetrated.


3 More Ecommerce Stories


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Digital


Digital
Social Networking For MSMEs: Narendra Modi Govt to Launch Facebook-Like Portal Soon

Aiming at boosting the income of MSMEs amid an economic slowdown, the Narendra Modi government is mulling plans to strengthen collaboration between Indian and foreign MSMEs with the help of a social networking portal. The new networking portal would enable businesses to connect with each other and forge partnerships. Social Networking For MSMEs: Narendra Modi Govt to Launch Facebook-Like Portal Soon.


16 More Digital Stories


Franchise
Biryani By Kilo hopes to double revenue by 2020

It plans to do so by exporting its famous 'handi' biryani to the UAE and the UK.Biryani By Kilo is experimenting with healthier variants such as Quinoa biryani and Brown rice biryani


Franchise
Forever 21 India business will not be impacted by bankruptcy filing in US

Its local franchise partner, Aditya Birla Fashion and Retail, said the business operations of the brand in India 'will not be impacted in any way'.The LA-based company couldn't cope with high rents and heavy competition in US as the shift to e-commerce cut a swathe through traditional retailers


3 More Franchise Stories



HR
From tech giants to leading unicorns, how Taggd by PeopleStrong is creating digital recruitment solutions for both large corporations and start-ups

With the current economic slowdown, one of the most pressing challenges for Human Resources (HR) teams is getting the right people into management and leadership roles. In any organisation, the HR team needs to maintain a balance when it comes to expectations. While investors and stakeholders look


HR
Workplace not darkplace: Employers should eliminate the stigma around discussing mental health at work

By Jeffrey Pfeffer & M Muneer Last year, an email sent by an employee to her colleagues went viral in social media. She just wrote she needed a break to focus on her mental health....


16 More HR Stories


Logistics
Taking a flight from Delhi, Bengaluru, Hyderabad airports? You might not need boarding pass

Bengaluru, Delhi and Hyderabad airports have started trial runs of a biometric-based boarding system.Once the system is implemented, you will not have to show boarding pass at airports with DigiYatra id


Logistics
Gautam Adani's wealth multiplied nearly 3 times in the last four years

This 18-year-old middle class boy became a trader and now sits on top of a business empire that, amongst others, owns and operates India's largest private


10 More Logistics Stories



Construction
Realty gloom provides consolidation opportunities: Pirojsha Godrej

Realty gloom provides consolidation opportunities: Pirojsha Godrej - During an interview with Swati Khandelwal, Godrej said, “Affordable housing is a huge opportunity, but I think that it is a poorly defined term and a lot of people are now using affordable housing because it is a flavour to define almost any kind of housing”.


Construction
Housing sales dips 18 per cent in July-September quarter across top 7 cities: Anarock

"The decline in new supply and housing sales in this quarter was expected as both homebuyers and developers remained cautious and risk-averse," said Anuj Puri, Chairman – Anarock.


19 More Construction Stories


Marketing
This year we allocated about Rs 20 cr in India for marketing on Digital: Joy Alukkas

Alukkas, Founder and Chairman, Joyalukkas Group, on his entrepreneurial journey, the group's marketing spends and future plans


Marketing
TAM India Digital AdEx: 1104 lakh digital ad insertions recorded Jan to June

YouTube has emerged as top publisher; rediff.com and timesofindia.indiatimes.com take next two spots


10 More Marketing Stories



Politics
Despite Nirmala Sitharaman's corporate gifts, festive cheer may remain dim due to consumer gloom
Despite Nirmala Sitharaman's corporate gifts, festive cheer may remain dim due to consumer gloom
Poor demand from Indian consumers could dampen the mood during festivals next month, especially for automobile makers and retailers that count on the season for a sales boost, analysts predict.


Politics
China To Mark 70 Years Of Communism Today With Massive Show Of Force
China To Mark 70 Years Of Communism Today With Massive Show Of Force
China celebrated seven decades of Communist Party rule on Tuesday with a massive display of military power in central Beijing, as President Xi Jinping pledged peaceful development but said the armed forces would defend China's sovereignty.


7 More Politics Stories


Sports
Annu Rani becomes first Indian woman to reach World Championship javelin final
Annu Rani becomes first Indian woman to reach World Championship javelin final
In the process, Annu Rani also smashed her national record of 62.43m, which she had achieved in March this year. The Indian opened with a 57.05m throw before coming up with her career-best throw in the second round.


Sports
Keshav Maharaj wants to replicate Ravichandran Ashwin, Ravindra Jadeja's consistency
Keshav Maharaj wants to replicate Ravichandran Ashwin, Ravindra Jadeja's consistency
The orthodox left-arm South African spinner, Keshav Maharaj with 94 wickets from 25 Tests had a successful county performance and is hoping to make life "uncomfortable" for the Indian top-order.


6 More Sports Stories



Entertainment
How multiplex chains are looking at newer sources of revenue
How multiplex chains are looking at newer sources of revenue
Along with advertising, the other big revenue churner for multiplexes have been events. With most of them offering luxury services, multiplexes have become a sought after destination for wine and dine parties, franchise meets, product launches and kids bi


Entertainment
Amitabh, Salman and SRK make it to IE100 list of most powerful Indians in 2019
Amitabh, Salman and SRK make it to IE100 list of most powerful Indians in 2019
Amitabh Bachchan ranked highest among Bollywood celebrities on the IE100 list of most powerful Indians in 2019. He was followed by Karan Johar at the 91st position, Akshay Kumar at 93rd position and Salman Khan at 96th position.


13 More Entertainment Stories


Work
Public markets aren't buying the stories that tech unicorns tell
Public markets aren't buying the stories that tech unicorns tell
Deep-pocketed investors like SoftBank have made it easier for companies to stay private for longer, raising staggering sums in the process.


Work

Life
How Nirav Modi built a mega diamond empire despite no knowledge of gems or jewellery
How Nirav Modi built a mega diamond empire despite no knowledge of gems or jewellery
Besides margins, the upside was to see his name even on Madison Avenue.


Life
Indian women are YouTube-ing their way out of gender stereotypes
Indian women are YouTube-ing their way out of gender stereotypes
From nearly zero women creators in 2015 to a strong community of over 120 in 2019.


7 More Life Stories


Retail
Levi's and Google are teaming up once again to launch denim jackets you can hardly tell are tech-enabled
Levi's and Google are teaming up once again to launch denim jackets you can hardly tell are tech-enabled
Levi's and Google are introducing a second version of their Jacquard smart jacket first introduced in 2017. Thanks to a small tab that slips inside the sleeve,


Retail
Piramal Realty inks 1.1 lakh square feet deal with Aditya Birla Fashion and Retail
Piramal Realty inks 1.1 lakh square feet deal with Aditya Birla Fashion and Retail
India Business News: NEW DELHI: Piramal Realty, the real estate development arm of Piramal Group, announced one of the largest commercial deals of recent times with Pantal.


13 More Retail Stories



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