Tuesday, February 18, 2020

February 17, 2020 - Amazon, Flipkart seek rollback of new tax on online sellers

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TradeBriefs Editorial

From the Editor's Desk

After the Honeymoon Ends: Making Corporate-Startup Relationships Work

Accelerating market forces are pressuring even well-established companies to innovate and tap new markets in order to stay ahead of the competition. While many corporates have been content to pursue internal, incremental change in response to global competition and disruptive technologies, others have boosted their innovation engines by collaborating with startups. These relationships give corporates access to startups' creativity, new ways of working, and proficiency with new technologies. In return, startups gain access to corporates' markets, customers, and industry expertise - and the reputational boost of working with major industry players.

Continued here

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Ecommerce
Amazon, Flipkart seek rollback of new tax on online sellers

The online retail industry is braced for a possible 1% tax on each sale made by sellers on their platforms from April if the proposal is approved by parliament next month.The move is part of a broader plan by Prime Minister Narendra Modi's government to increase tax revenues


Ecommerce
Fraud alert: Beware of smart deals and lucky draws by online shopping sites

According to security agencies, a large volume of customer data of leading e-commerce websites is compromised by cybercriminals and is now being misused to dupe their customers by offering exciting discounts or luring them as the winner of a lucky draw.


4 More Ecommerce Stories


b2bmarketingsymposium


Digital
Meet the Indian startups and SMBs using WhatsApp to script a success story

A great idea and the right platform are essential for a startup to become successful. Here are a few Indian startups and SMBs that let their ideas thrive on WhatsApp to reach their audience.


Digital
The invisible, profitable world of cloud computing

In 2020, the public cloud market is set to reach $266 bn, a 17% jump over 2019, as per Gartner Consulting


8 More Digital Stories


Franchise
Beware of Mi Store franchise fraud: Conmen dupe businessman of Rs 10.4 lakh

The promise of opening a Mi Store led a businessman to lose over Rs 10 lakh in multiple transactions to conmen.



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HR
Meet the desi aunty playing match-maker for Indian startups

An early attempt was the M&A Connect programme started by iSPIRT in 2013.A number of alumni and industry groups have tried to give this a structure over the years


HR
BCCI CEO Rahul Johri has put in his papers, but it's not official yet

Cricket News: Rahul Johri, the first-ever CEO of the Indian cricket board (BCCI) who joined office in April 2016, has resigned. However, nobody in the cricket board


3 More HR Stories


Logistics
When will proper ship recycling be more than an afterthought?

With about 675 ships and offshore units sold for scrap around the world last year, recycling them correctly and safely remains a challenge, admits Marc


Logistics
National logistics policy being prepared: PM

Varanasi, Feb 16 (UNI) Prime Minister Narendra Modi while launching the event - 'Kashi Ek Roop Anek' in his parliamentary constituency said for the first time in the country, a national logistics policy is being prepared.


12 More Logistics Stories



Construction
Affordable homes push for India's poor is slowly delivering results

Some 8.6 million rural homes have been built, but only 3.2 million urban properties are complete


Construction
This adventure tourism startup lets you fly over India's heritage sites like a 'vulture'

Flying Fox is redefining adventure tourism in India with its zip lines over world heritage sites and dense forests in India and Kenya. Bootstrapped since day one, the startup turned profitable only after four years of its launch


6 More Construction Stories


Marketing
Trends marketers need to look out for in 2020

To help marketers remain effective, here are five mobile marketing trends to watch in 2020...


Marketing
BharatMatrimony parent's Q3 profit slips again even as marketing spend continues to shoot up

Matrimony.com, which competes with Shaadi.com, Jeevansathi etc., runs over 300 community-based and 15 regional matrimony sites.


7 More Marketing Stories



Politics
"Wish You Could Come But...": Arvind Kejriwal, PM Modi's Twitter Exchange

Prime Minister Narendra Modi, who was invited to Arvind Kejriwal's oath-taking ceremony but couldn't attend, on Sunday congratulated the Aam Aadmi Party (AAP) chief on Twitter for becoming the Chief Minister of Delhi. Mr Kejriwal, in a swift response, said he wished the PM had attended the event.


Politics
PM Sends Letter To Rickshaw Puller On Daughter's Wedding, Family Thrilled
PM Sends Letter To Rickshaw Puller On Daughter's Wedding, Family Thrilled
Prime Minister Narendra Modi has sent a letter to rickshaw puller Mangal Kewat, congratulated him on her daughter's wedding.


8 More Politics Stories


Sports
'Wanted to let India know what it feels like': Shoriful Islam on 'dirty' behaviour in U19 World Cup final
'Wanted to let India know what it feels like': Shoriful Islam on 'dirty' behaviour in U19 World Cup final
Shoriful Islam said the 'ugly behaviour' in the U19 World Cup final was because of past history between India and Bangladesh. "(We wanted to let them) know what it is like when someone celebrates in front of you like that after you've lost," he said.


Sports
In Olympic year, Hima Das makes a shift from 400m to 200m
In Olympic year, Hima Das makes a shift from 400m to 200m
Hima Das' personal best in 200m is 23.10 seconds, which was clocked in mid-2018 leaving her with a mountain to climb in order to meet the Entry Standards for the Games, set at 22.80 seconds.


7 More Sports Stories



Entertainment
An Absent Dad, Drug Use and Dreams of Stardom: 30 Fascinating Facts About The Weeknd
An Absent Dad, Drug Use and Dreams of Stardom: 30 Fascinating Facts About The Weeknd
The Weeknd's interviews are rare, but his candor is plentiful. In honor of the musician's 30th birthday, we've gathered 30 tidbits about the motherf--kin' starboy himself.


Entertainment
The Waiting Game: Artists With Albums Nowhere in Sight
The Waiting Game: Artists With Albums Nowhere in Sight
Where you at, Rihanna? What are we waiting for Adele? These are the artists who just love to keep us waiting.


11 More Entertainment Stories


Work


Work
The growing push to solve the plastic nightmare of takeout food
The growing push to solve the plastic nightmare of takeout food
Love ordering takeout burgers, nachos, and sushi but hate all the plastic waste? A handful of people are trying to solve that problem.


13 More Work Stories



Life


Life


6 More Life Stories


Retail
Coronavirus outbreak: Shutdown in China may hit India's toy business
Coronavirus outbreak: Shutdown in China may hit India's toy business
Retailers of made in China Holi-wares face the risk of adverse customer sentiment as that is not driven by rational thoughts, especially when it comes to toys that are meant for children


Retail
We went shopping at Macy's Backstage and saw why the department-store chain is banking on its off-price model
We went shopping at Macy's Backstage and saw why the department-store chain is banking on its off-price model
Priscilla Zhu/Business InsiderWe visited a Macy's Backstage store.Macy's is expanding its off-price stores Macy's Backstage and Bloomingdale's The Outlet as


10 More Retail Stories



Telecom
Apple logs 75.6% market share in India premium segment

Apple reached a record 75.6 per cent market share in the fourth quarter of 2019 in India and the credit goes to the stellar performance of iPhone 11 a..


Telecom
Airtel faces high costs, isolation if Vodafone Idea exits

Will lose shared infra benefits and its partner against rival Jio


9 More Telecom Stories


Finance
6-7% LIC stake dilution enough to mop up ₹90,000 crore: CEA KV Subramanian

The Finance Ministry doubled the disinvestment target from the current fiscal's original target of ₹1.05 lakh crore with LIC, BPCL and Air India form big-ticket line-up.The Chief Economic Advisor has said the target is not insurmountable and can be achieved well within time


Finance
What are the unsolved problems in the Indian financial services sector?

In this episode of Prime Ventures' Prime Knowledge video series, Managing Partner Sanjay Swamy tells us about the problems to be solved in the financial services sector.


12 More Finance Stories



Food/FMCG
Consumption slump hits innovation at FMCG firms

Product innovations in 2019 were down 25% when compared with a year ago.In 2019, FMCG firms launched 14,000 products, compared with 19,000 that were launched in 2018


Food/FMCG
Grocery startup Milkbasket bets on private labels, expects 40 pc revenue by year-end

The startup has been "experimenting" with private labels and has seen a good response to these products, Milkbasket co-founder and CEO Anant Goel said.


2 More Food/FMCG Stories


Software
Invest Karnataka Gets $10 Bn Tech Investment Proposals From Over 50 Companies

The Karnataka state government's Invest Karnataka conference has received proposals worth INR 72K Cr ($10 Bn) from over Indian and foreign companies.


Software
Central BPO scheme likely to create 45,000 jobs in 3 years

Visakhapatnam: The business process outsourcing (BPO) and information technology (IT) sectors in and around Visakhapatnam city are likely to generate .


13 More Software Stories



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