Friday, November 1, 2019

November 1, 2019 - Home interiors startup Livspace enters Singapore, aims for a $500 million business in 2.5 years

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TradeBriefs Editorial

From the Editor's Desk

Explainer: What is a quantum computer?

A quantum computer harnesses some of the almost-mystical phenomena of quantum mechanics to deliver huge leaps forward in processing power. Quantum machines promise to outstrip even the most capable of today's - and tomorrow's - supercomputers.

They won't wipe out conventional computers, though. Using a classical machine will still be the easiest and most economical solution for tackling most problems. But quantum computers promise to power exciting advances in various fields, from materials science to pharmaceuticals research. Companies are already experimenting with them to develop things like lighter and more powerful batteries for electric cars, and to help create novel drugs.

The secret to a quantum computer's power lies in its ability to generate and manipulate quantum bits, or qubits.

Continued here

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Construction
Home interiors startup Livspace enters Singapore, aims for a $500 million business in 2.5 years

Through a pilot, Livspace said that it already has a $15 million gross revenue run rate and is growing at 25% month-on-month in Singapore. Livspace is also


Construction
In a first, Haryana RERA asked residents to pool in money to finish project

There are 16 residential tower in the society and the builder had given possession of 14 towers. The remaining two towers left uncompleted and the buyer had moved RERA as the builder could not give possession. The buyers found that directors are in Jail.


7 More Construction Stories


wtc


Marketing
India's brand image all-time high, says Martin Sorrell, founder of world's largest advertisement company

India's brand image all-time high, says Martin Sorrell, founder of world's largest advertisement company - Speaking to our principal diplomatic correspondent Sidhant Sibal in Riyadh, Sorrell expressed confidence in the Indian economy saying any fall in growth is just "fluctuation"


Marketing
Advertising Agencies Association of India The Advertising Club announces the return of Goafest 2020 for the 16th Edition

Shashi Sinha has been elected as Chairman of the Awards Governing Council to the coveted ABBY's 2020.


8 More Marketing Stories


Politics
Won't Tolerate Challenge To Hong Kong's "One Country, Two Systems": China
Won't Tolerate Challenge To Hong Kong's
China warned Friday it would not tolerate any challenge to Hong Kong's governing system, as it laid out plans to boost patriotism in the city and change how its leader is chosen or removed after months of pro-democracy protests.


Politics
Maharashtra Farmers Awaiting Immediate Aid, Not New Government: Sena
Maharashtra Farmers Awaiting Immediate Aid, Not New Government: Sena
Amid standoff with ally BJP over formation of the next government in Maharashtra, the Shiv Sena on Friday demanded immediate relief for farmers affected by unseasonal rains in parts of the state.


27 More Politics Stories


Inkingideas

 R & D

Sports
Kane Williamson's bowling action declared legal
Kane Williamson's bowling action declared legal
The New Zealand captain's action had been reported during the Galle Test in August earlier this year | ESPNcricinfo.com


Sports
James Vince sets sights on T20 World Cup and aims to grab chance
James Vince sets sights on T20 World Cup and aims to grab chance
So often on the fringes with England, James Vince is hoping to build on his Man-of-the-Match performance | ESPNcricinfo.com


18 More Sports Stories


Entertainment
Bollywood mourns the demise of film producer Champak Jain
Bollywood mourns the demise of film producer Champak Jain
Champak Jain produced many hit films including Akshay Kumar starrer Main Khiladi Tu Anari and Josh, starring Shah Rukh Khan and Aishwarya Rai Bachchan.


Entertainment
See first impression: Jason Momoa was born to play this role
See first impression: Jason Momoa was born to play this role
Starring Jason Momoa, Apple TV +'s See is set in the distant future where humans live like tribals and the power of sight is only a myth. The series also stars Alfre Woodard and Sylvia Hoeks.


25 More Entertainment Stories


 R & D
taggit



Work
Shocking New Maps Show How Sea Level Rise Will Destroy Coastal Cities By 2050
Shocking New Maps Show How Sea Level Rise Will Destroy Coastal Cities By 2050
Many of these coastal areas have some of the most expensive properties in the world, including Miami Beach, the Hamptons, and Malibu Beach among others.


Work
Boeing 'doesn't understand our grief'
Boeing 'doesn't understand our grief'
Zipporah Kuria's father Joseph Waithaka was one of 157 people killed when a Boeing 737 Max crashed in March.


8 More Work Stories


Life
A realistic guide to navigating India's gig economy
A realistic guide to navigating India's gig economy
"Going gig is like the first day of the rest of your life."


Life
Who looks after the children of the workers who make our clothes?
Who looks after the children of the workers who make our clothes?
A charity in Vietnam hopes to train a qualified childcare workforce to change the lives of the children of migrant factory workers.


9 More Life Stories


taggit



Retail
To woo urban millennials, Shoppers Stop turns to premium stores
To woo urban millennials, Shoppers Stop turns to premium stores
Shoppers Stop has been working on two new-store formats over the last 12-18 months and is upgrading existing stores.Shoppers Stop's recently opened 50,000- sq.ft outlet in Gurugram will sell recent additions in its premium offerings


Retail
Inside Mukesh Ambani's plans to take on Amazon, Flipkart
Inside Mukesh Ambani's plans to take on Amazon, Flipkart
Reliance Retail has been planning a new commerce venture, an offline-to-online initiative to take on rivals.Currently, it operates neighborhood stores, supermarkets, hypermarkets, wholesale, specialty, and online stores


17 More Retail Stories


Telecom
Why feature phones still sell in the smartphone age

Factors such as long battery backup, low cost and compact sizes have kept the segment alive.The fact that many users are still not ready to make the switch from feature phones to smartphones is causing a slowdown in the smartphone market


Telecom
UK's Vodafone denies any plans to exit India, says backing JV in 'challenging' times

UK's Vodafone Group Plc. has strongly denied that it has any plans to exit India, saying it fully supports the management of its India joint venture -..


10 More Telecom Stories



Finance
Raghuram Rajan reminds FM Sitharaman: Two-third of his tenure as RBI Guv was under BJP

Rajan, who was Governor of the Reserve Bank of India (RBI) from September 5, 2013 to September 2016, said during his term a clean up of the banking sector that was "clogging" with bad loans had begun and the job remains unfinished.


Finance
Yes Bank gets $1.2 billion lifeline, Rana Kapoor role to shrink further

Yes may raise the $1.2 bn from multiple investors for ease of getting an RBI approval.The investment, if cleared by the RBI, will diminish the shareholding of Yes Bank's original promoters Rana Kapoor and late Ashok Kapur's wife Madhu Kapur


18 More Finance Stories


Food/FMCG
Chai and coffee were not hit by the great Indian economic slowdown

Tata Global Beverages saw a 17% fall in profits to ₹152 crores. But the company's India tea business clocked a growth of 8% in volume and value. Tata Starbucks


Food/FMCG
The Coca-Cola Co silent on India plant sale report

The Coca-Cola Co has declined to comment on reports linking the group to the sale of some of its factories in India to franchise partners.


3 More Food/FMCG Stories



Software
Cognizant to cut 7000 mid-senior level jobs, exit content moderation

Cognizant will remove a number of mid-to-senior employees, and redeploy about 5000 of those impacted. They will also exit the content moderation business for clients such as social media giant Facebook. The company has come in a significant scrutiny for the working environment of the moderators and the impact of the work on their mental health.


Software
HCL Tech sets up dedicated unit for Google Cloud, plans to expand team to 5,000 people

Google and HCL Technologies will jointly market the solutions to clients, with Google's senior architects and development team supporting HCL to ado..


6 More Software Stories


Ecommerce
Singapore-based ecommerce platform Qoo10 acquires ShopClues in all-stock deal

The transaction is believed to have valued ShopClues at $70-$100 million, it was valued at $1.1 billion in late 2015.


Ecommerce
Here's how Amazon could dethrone UPS and FedEx in the US last-mile delivery market

This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider


4 More Ecommerce Stories



Digital
Facebook to soon roll out WhatsApp Pay in India, says Mark Zuckerberg

WhatsApp's ambitious payment services' blueprint in India has been caught in a bind over concerns around authentication and its data storage practices


Digital
Indian SaaS firms now see local demand for its products

Improved mobile connectivity, increased digital solutions for Goods and Services Tax and digital payments are supporting the growing demand


15 More Digital Stories


Franchise
How this Bengaluru startup's app helps US businesses manage franchises and multiple locations

Bengaluru startup Survaider has a new app Delightree. It is helping 10 multi-location US businesses improve customer experience with real-time actions.


Franchise
We are standardising the economy hotel segment, CCI probe an opportunity to explain our stance, says Oyo's South Asia CEO Aditya Ghosh

In an exclusive interview with CNBC-TV18, Oyo's South Asia CEO Aditya Ghosh welcomed the CCI order that recognises the company as a hotel chain as opposed to an online travel agency.Get latest Business online at cnbctv18.com


1 More Franchise Stories



HR
Cognizant to lay off 7,000 employees from their current roles, exit content moderation biz

The New Jersey-based tech giant Cognizant to lay off as many as 7000 jobs in the next few quarters and exit content moderation business


HR
Amazon Now Has 750,000 Employees After Third Quarter Hiring Binge

One-day free Prime shipping takes a lot of people.


15 More HR Stories


Logistics
Air India sale offer may be finalized by month-end

Air India's net debt had swelled from ₹55,000 crore at the end of March 2018 to ₹58,351.93 crore at the end of March 2019.The proposed EoI for the divestment of Air India was initially slated to be issued during October-end


Logistics
AirAsia India plans to take fleet size to 100 in five years

The lowcost carrier, a 51:49 joint venture between Tata Sons and Malaysias AirAsia Berhard, will become an impactful player in the market once its fleet grows to 50 aircraft.


7 More Logistics Stories



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