Tuesday, December 3, 2019

December 3, 2019 - Salaries in India likely to rise by 9.2% in 2020: Report

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TradeBriefs Editorial

From the Editor's Desk

Survivorship Bias: The Tale of Forgotten Failures

Survivorship bias is a common logical error that distorts our understanding of the world. It happens when we assume that success tells the whole story and when we don't adequately consider past failures.

There are thousands, even tens of thousands of failures for every big success in the world. But stories of failure are not as sexy as stories of triumph, so they rarely get covered and shared. As we consume one story of success after another, we forget the base rates and overestimate the odds of real success.

Continued here

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HR
Salaries in India likely to rise by 9.2% in 2020: Report

Inflation may play a spoiler as real-wage salaries in the country is anticipated to be just 5%, a report said.The report added that India has emerged as the leader of salary growth projection in Asia


HR
OYO elevates its India South Asia CEO Aditya Ghosh to board of directors

Aditya Ghosh will join Ritesh Agarwal, Betsy Atkins, and other industry experts like Munish Verma, Bejul Somaia, and Mohit Bhatnagar on OYO's board.


14 More HR Stories


Manufacturing Transformation Summit - Industry 4.0


Logistics
Despite criticism, govt digs in heels for privatisation of Air India, BPCL

DIPAM is in the process of appointing transaction and legal advisors for BPCL, Concor, and SCI


Logistics
IndiGo stops pushing Airbus engines to limit after shutdowns

IndiGo has told its pilots to stop pushing engines on its new jets to the limit when the planes are climbing.


10 More Logistics Stories


Construction
Will MahaRera's SRO filter benefit homebuyers?

Since industry bodies are largely seen as working in the interest of developers, there is trust deficit among other stakeholders.SROs will have no judicial powers over the developers


Construction
16% of realty debt exposure in severe stress, data show

Additional 22 per cent, around $21 billion, is under some pressure but has potential to get resolved with due steps.


17 More Construction Stories


Inkingideas


Marketing
Government to set up panel to scrutinise ad claims

This is the first time the Centre has planned to directly involve itself with advertising scrutiny, through the Food Safety & Standards Authority of India. While FSSAI guidelines for advertising regulations are in place, implementation by advertisers hasnt been followed closely.


Marketing
Influencers and brands find new ways to collaborate after Instagram removes 'like'

Marketing experts said it would bring in more transparency to the influencer ecosystem and enhance content on the platform


11 More Marketing Stories


Politics
Amit Shah Sets 2024 Deadline To Implement Citizens List NRC Across India
Amit Shah Sets 2024 Deadline To Implement Citizens List NRC Across India
BJP chief Amit Shah has set a 2024 deadline for implementing the controversial National Register of Citizens or NRC across the country, asserting that "each and every" infiltrator will be identified and expelled by 2024 - the year of the next general election.


Politics
Been told I am the worst FM, open to criticism, says Nirmala Sitharaman
Been told I am the worst FM, open to criticism, says Nirmala Sitharaman
On the demand for reduction in personal income tax, she said if at all it would be considered it would be on its intrinsic merit, rather than in relation to the reduced corporate tax cut.


12 More Politics Stories


taggit



Sports
Ferrari fined 50,000 euros for fuel irregularity
Ferrari fined 50,000 euros for fuel irregularity
Stewards, who included former racer Derek Warwick, determined the fine for an inaccurate declaration after summoning Ferrari representatives post-race.


Sports
Only India have tools to beat Australia at home, says Michael Vaughan
Only India have tools to beat Australia at home, says Michael Vaughan
Former England cricketer Michael Vaughan seemed impressed by the Australian side. Vaughan opined on Twitter that only India are capable of beating Australia in these conditions, not even England. 


4 More Sports Stories


Entertainment
Rani Mukerji debuts as a real-life news anchor to highlight rising violent crimes committed by juveniles in India
Rani Mukerji debuts as a real-life news anchor to highlight rising violent crimes committed by juveniles in India
Rani Mukerji debuts as a real-life news anchor to highlight rising violent crimes committed by juveniles in India. Latest Bollywood News, Bollywood Celebrity News, Breaking News, Celeb News, Celebrities News at Bollywood Hungama.com


Entertainment
Snoop Dogg releasing lullaby renditions of his biggest hits
Snoop Dogg releasing lullaby renditions of his biggest hits
According to The Source, the new album will include soothing instrumental of his classic hits including "Drop it Like It's Hot", "Gin and juice" and "Sensual seduction".


18 More Entertainment Stories



Work
WeWork's failure won't bring down India's coworking sector, but there are lessons to be learnt
WeWork's failure won't bring down India's coworking sector, but there are lessons to be learnt
"It's is a reminder that one should first focus on one's core business before branching out."


Work
Your yen for ramen could be killing you softly
Your yen for ramen could be killing you softly
Ramen is delightful, but it might also be dangerous, according to Japanese medical researchers.


8 More Work Stories


Life
In an aging world, what are your chances of getting dementia?
In an aging world, what are your chances of getting dementia?
Of the global population over 60, 5% to 8% live with severe cognitive decline. Here are your odds of falling in that group.


Life

Retail
Walmart launches credit card in partnership with HDFC Bank
Walmart launches credit card in partnership with HDFC Bank
Walmart India, in partnership withHDFC Bank today launched a co-branded credit card exclusively for members of its Best Price Modern Wholesale 'B2B Cash & Carry' stores. The co-branded credit card offers free credit up to 50 days


Retail
Reliance Brands in talks to acquire Versace Franchise
Reliance Brands in talks to acquire Versace Franchise
Reliance Brands is in talks to take over the India franchisee rights of luxury fashion label Versace, and the company is signing a deal to sell products of another Italian luxury brand Valentino in India.


10 More Retail Stories


Telecom
Telecom stocks surge after tariff hike announcements; cos together add over Rs 33k cr in m-cap

India Business News: New Delhi, Dec 2 () Shares of telecom companies on Monday surged on the back of new tariff plans announced by the operators to be effective from Decem.


Telecom
Samsung becomes first smartphone company to hit $10 bn revenue in India

Samsung India posted a 20% jump in revenue in FY19, doubling its growth rate of 10% achieved during FY18.


14 More Telecom Stories



Finance
Will RBI say YES to Erwin Singh Braich, the man who just forced India to sit up and take notice?

Not much is known about Erwin Singh Braich who's supposed to be the knight in shining armour for YES bank.


Finance
Bajaj Finance challenges SEBI decision on Karvy

Mumbai: Bajaj Finance moved the Securities Appellate Tribunal (SAT) against the Securities and Exchange Board of India's order barring Karvy Stock Broking from taking new clients in respect of its stock broking activities and also prevented it from using the PoA (power of attorney) given by clients after the broker was found to have allegedly misused clients' securities, ET Now reported late on Monday.


17 More Finance Stories


Food/FMCG
Paper Boat maker posts 62% jump in FY19 revenue

Bengaluru-headquartered Hector Beverages posted a net loss of ₹59.88 cr in FY19.Hector is currently present in five states in India and draws a large part of its sales from states of Maharashtra, Karnataka, and Andhra Pradesh


Food/FMCG
India's Richest 2019: How ceding control paid off for Marico's Harsh Mariwala

Five years ago, billionaire Harsh Mariwala made a smart decision to hand management of his company Marico to CEO Saugata Gupta


2 More Food/FMCG Stories



Software
IT services, tech startups put India on route to AI: ETILC

For artificial intelligence and machine learning algorithms to run on big data, Indian companies require technology that will digitise and store data. Industry is now increasingly adopting this infrastructure. Since legacy systems are slow to change, they are the laggards.


Software
Microsoft remains the top-paying recruiter at IIT-Bombay

Microsoft remained the highest-paying firm at most IITs on day one of the campus placements for the third consecutive year. The software giant picked


18 More Software Stories


Ecommerce
Snapdeal clocks over 50% of its condom sale from Tier 3 cities

The company said in a press statement that its discreet shipping policy for sexual wellness products, access to variety and hesitation to purchase from an offline store, has been key drivers for growth in demand.


Ecommerce

Digital
2020 is the time to bet on India's internet industry which will be worth $160 billion in 5 years

The Indian internet industry is going to be worth $160 billion by 2025, according to a Goldman Sachs report, which is thrice the current value. Investors hoping


Digital
Spotify music is on a roll in India and the recently announced Originals by Spotify have us all excited

MUMBAI: One of their top shows for Spotify has it roped in Actor/RJ Mantra for a detective thriller podcast called "Bhaskar Bose", being produced by Mantra's own audio production house MnM Talkies.


16 More Digital Stories


Franchise
Hyatt Plans to Expand Global Luxury Portfolio With More Than 20 New Hotels and Resorts by the End of 2020

Hyatt Hotels Corporation (NYSE: H) announced today that more than 20 new luxury hotels and resorts are expected to open worldwide by the end of 2020, boosting Hyatt's luxury portfolio.


Franchise
Multi-Unit Franchisee Insight

Multi-Unit Operators Share How They Handle Hiring, Firing, Training, and Retaining Employees.


1 More Franchise Stories



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