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October 3, 2019 - 18 public sector banks hit by 2,480 fraud cases of Rs 32,000 cr in Q1: RTI

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From the Editor's Desk

Forget 'Googling It.' Amazon Wants You to 'Alexa It.'

Amazon wants Alexa in your appliances, on your body, in your phone, and in your car. In the company's vision for the future, Alexa will never be more than an arm's reach away. Amazon's aspirations don't stop at its own hardware, either. It has invested heavily in the wider Alexa-connected ecosystem, throwing $60 million at smart thermostat company Ecobee and spending $1 billion acquiring Ring, which builds a popular - and controversial - home security doorbell.

Continued here

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Finance
18 public sector banks hit by 2,480 fraud cases of Rs 32,000 cr in Q1: RTI
18 public sector banks hit by 2,480 fraud cases of Rs 32,000 cr in Q1: RTI - BusinessLine
A total of 2,480 cases of fraud involving a huge sum of Rs 31,898.63 crore rattled 18 public sector banks in the first quarter of this fiscal, an RTI query has revealed.The country's largest lender St


Finance
34 functional teams to ensure smooth merger of PNB, UBI, OBC; to take effect on 1 April, 2020
34 functional teams to ensure smooth merger of PNB, UBI, OBC; to take effect on 1 April, 2020 - Business Today
The merger is scheduled to come into force from April 1 next year.


77 More Finance Stories


 R & D

Food/FMCG
Beverage makers relieved on shelving of plastic ban
Beverage makers relieved on shelving of plastic ban - Livemint
Demand for plastic products could pick up ahead of the festive season.On Tuesday, Centre held off imposing a blanket ban on single-use plastic to combat pollution


Food/FMCG
How Marico is readying itself for disruptions in the FMCG segment
How Marico is readying itself for disruptions in the FMCG segment - BusinessLine
To change distribution and supply chain as part of its efforts to streamline operations and take advantage of digital platforms.


9 More Food/FMCG Stories


Software
Infosys and SAP partner to accelerate enterprise digital transformation for clients
Infosys and SAP partner to accelerate enterprise digital transformation for clients - Business Standard
The contemplated alliance aims to enable Infosys to become one of SAP's first global strategic service partners for project Embrace, designed to drive enterprise customer adoption of cloud and digital technologies from SAP. Infused with more than


Software
Analysts see no sign of slump in Indian IT firms' Q2 deal numbers
Analysts see no sign of slump in Indian IT firms' Q2 deal numbers - Economic Times
​​Analysts see the closure of three major software services contracts reinforcing a positive outlook for the outsourcing markets globally.


5 More Software Stories


 Tax Strategy & Technology Summit 2019
taggit



Ecommerce
Snapdeal sees over 90 pc orders coming from non-metro locations
Snapdeal sees over 90 pc orders coming from non-metro locations - Times of India
India Business News: New Delhi, Oct 2 () E-commerce marketplace Snapdeal is witnessing strong demand from tier II and III cities, with nearly 92 per cent of its orders com.


Ecommerce
SoftBank plans to increase stake in Dehlivery; seeks CCI approval
SoftBank plans to increase stake in Dehlivery; seeks CCI approval - The Indian Wire
Japan's SoftBank to increase stake in logistics startup Delhivery


7 More Ecommerce Stories


Digital
Mark Zuckerberg will sue President Warren if she tries to breakup Facebook, has launched Lasso to counter TikTok
Mark Zuckerberg will sue President Warren if she tries to breakup Facebook, has launched Lasso to counter TikTok - India Today
Facebook CEO Mark Zuckerberg while responding to questions by employees in company internal meetings said that the company would challenge senator Elizabeth Warren if she becomes the US President and tries to break up the social media giant.


Digital
India sent most takedown requests to social media companies: Research
India sent most takedown requests to social media companies: Research - Economic Times
India is followed by Russia and Turkey in content removal requests, according to Comparitech, which collated data from the transparency reports of top internet companies till date.


9 More Digital Stories


taggit



Franchise
The story of how Mad Over Donuts pipped Dunkin
The story of how Mad Over Donuts pipped Dunkin - Forbes India
Slow, steady, heady: How MOD became India's top donut brand, in the face of global competition


Franchise
Raymond aims to have a network of 2,000 stores by 2021
Raymond aims to have a network of 2,000 stores by 2021 - Moneycontrol
Raymond currently operates a network of 1,500 stores across all the brands in 600 cities.


3 More Franchise Stories


HR
Feud Between Billionaire Cofounders Of India's Largest Airline Shifts To London
Feud Between Billionaire Cofounders Of India's Largest Airline Shifts To London - Forbes
The ongoing dispute between the cofounders of IndiGo is now slated for arbitration in London.


HR
What HR Leaders can learn from Ex- Prime Minister Lal Bahadur Shastri
What HR Leaders can learn from Ex- Prime Minister Lal Bahadur Shastri - People Matters
Today in changing times when the employer-employee dynamics are shifting this is a crucial lesson to learn And this is not the only lesson he has to teach today s HR leaders


9 More HR Stories



Logistics
IndiGo promoter feud: Rahul Bhatia, IGE file for arbitration in London Court against Rakesh Gangwal
IndiGo promoter feud: Rahul Bhatia, IGE file for arbitration in London Court against Rakesh Gangwal - Economic Times
InterGlobe Aviation is the parent of IndiGo, the country's largest airline in terms of domestic market share.


Logistics
We need a definite course correction to attract more women seafarers: Director General of Shipping
We need a definite course correction to attract more women seafarers: Director General of Shipping
Director General of Shipping Amitabh Kumar speaks to Businessline regarding strategy to promote women participation in Seafaring workforce


6 More Logistics Stories


Construction
Lodha group constructing Rs 13K cr worth commercial assets; may launch REIT in 3 yrs
Lodha group constructing Rs 13K cr worth commercial assets; may launch REIT in 3 yrs - Times of India
India Business News: New Delhi, Oct 2 () Realty major Lodha group is constructing commercial real estate projects worth Rs 13,000 crore and may monetise these assets throu.


Construction
WeWork India focused on expansion with accelerated path to profitability: Embassy Group
WeWork India focused on expansion with accelerated path to profitability: Embassy Group - ETRealty.com
Bengaluru-based Embassy, a major player in Indian commercial real estate, had partnered WeWork in 2016.


5 More Construction Stories



Marketing
Parle's Rola Cola candy makes a comeback after 13 years, prompted by a tweet
Parle's Rola Cola candy makes a comeback after 13 years, prompted by a tweet - Livemint
Parle Products had discontinued the hard-boiled candy with cola flavour in 2006 during a product rationalisation process.In response, consumer driven #BringRolaColaBack campaign went viral and secured more than 7.11 lakh impressions on Twitter


Marketing
Tolerance for TV advertising depends on show genre: Deloitte study
Tolerance for TV advertising depends on show genre: Deloitte study - Business Insider
Most US streaming services favor subscription-based business models, but Deloitte found streamers might prefer cheaper, ad-supported options.


2 More Marketing Stories


Politics
Happy Boyfriend Day: 10 Loving Messages To Brighten Up His Day
Happy Boyfriend Day: 10 Loving Messages To Brighten Up His Day
Happy Boyfriend Day: On Boyfriend Day, plan a fun and romantic get-away with your partner. Pamper him, spoil him and make him feel special.


Politics
"Are You Talking To Me?" On Camera, Trump's Heated Exchange With Reporter

The rowdy, meandering and combative news conference Wednesday began with President Donald Trump marveling at the media.


40 More Politics Stories



Sports
Shoaib Akhtar coins new name for Rohit Sharma after historic 176 as Test opener
Shoaib Akhtar coins new name for Rohit Sharma after historic 176 as Test opener
Hailing Rohit Sharma and his batting skills, Akhtar also said that in future when India take on England for a five-match series, he will go on to get 1000 runs in that series surpassing Smith's run tally of 774 runs in the recently concluded Ashes series.


Sports
Gary Kirsten ideal candidate to coach England: Micheal Atherton
Gary Kirsten ideal candidate to coach England: Micheal Atherton
Atherton said that Gary Kirsten's experience of guiding India to the 2011 World Cup title and coaching South Africa to the top of the test rankings a year later had given him the advantage over English candidates for the role.


19 More Sports Stories


Entertainment
2019 QVC Customer Choice Beauty Awards: 17 Must-Have Products
2019 QVC Customer Choice Beauty Awards: 17 Must-Have Products
Wen by Chaz Dean, Josie Maran, Philosophy and more brands receive recognition during the three-hour show


Entertainment
Nicole Scherzinger Reacts to Those Pussycat Dolls Reunion Rumors
Nicole Scherzinger Reacts to Those Pussycat Dolls Reunion Rumors
Plus, find out more about what goes on behind the scenes at The Masked Singer


32 More Entertainment Stories



Work
In NYC, Starbucks Is Quietly Building A Mobile Order-Only Store
In NYC, Starbucks Is Quietly Building A Mobile Order-Only Store
Soon, New York City commuters will be able to try the newest type of Starbucks store.


Work
This Airline Has Just Put Its Flight Attendants On A Low-Fat Diet
This Airline Has Just Put Its Flight Attendants On A Low-Fat Diet
The aviation sector in India has a history of being challenging and controversial. Air India has now put its cabin crew on a low fat diet. Flight attendants have been made to lose weight before at air India


14 More Work Stories


Life
What Gandhi would've thought of today's self-driving cars and e-commerce
What Gandhi would've thought of today's self-driving cars and e-commerce
Gandhi argued that companies should act as trusteeships.


Life
In its seven decades, Communist China lived through famine, class struggle, and an astonishing economic rise
In its seven decades, Communist China lived through famine, class struggle, and an astonishing economic rise
China's seven decades under Communist rule saw millions of deaths and bitter class warfare, but also millions lifted from poverty.


7 More Life Stories



Retail
Top tech investor bets India corner shops can fight Amazon
Top tech investor bets India corner shops can fight Amazon
India has the market size and talent pool to make things happen and now investors are lining up with capital.


Retail
Pharmacy chain Wellness Forever looking to triple store count
Pharmacy chain Wellness Forever looking to triple store count
All the new store additions will be in the western region.


26 More Retail Stories


Telecom
Samsung ends mobile phone production in China as it expands facility in India
Samsung ends mobile phone production in China as it expands facility in India - Livemint
Samsung ends mobile phone production in China due to intensifying competition from domestic rivals.Sony also said it was closing its Beijing smartphone plant and would only make smartphones in Thailand


Telecom

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