Thursday, February 27, 2020

February 26, 2020 - India's sugar production to stay higher, six million tonnes of surplus looms

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TradeBriefs Editorial

From the Editor's Desk

When Pricing Your Product, Go Big or Small - The Middle Doesn't Sell Well

We make buying decisions with emotions much more than we do with logic.

In his fantastic book, Alchemy, Rory Sutherland (vice chairman of Ogilvy) tells us we get an emotional rush under two types of buying conditions: 1. When we get a great deal/discount, and 2. When we pay a lot of money.

The low and the high prices produce a dopamine squirt in our brains.

Continued here

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Food/FMCG
India's sugar production to stay higher, six million tonnes of surplus looms

Bountiful sugar output in India in the current 2019/20 season will leave around 6 million tonnes of surplus for the next year.Mills are likely to produce 26.5 million tonnes of sugar in 2019/20, 1.92% more than the November forecast of 26 million tonnes


Food/FMCG
Surf Excels as HUL's top brand, nets over Rs 5,000 crore in sales

Surf, launched 60 years ago, recorded sales of Rs 5,375 crore in the past year with a market share of 17.9%, industry executives citing Nielsen data said. It accounted for roughly 14% of the company's net revenue and 45% of its laundry segment sales. Nielsen didnt respond to a request for comment.


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PGDM


Software
India, number one developer pool on the planet: Satya Nadella

Microsoft CEO addressed developer community at tech summit in Bengaluru on Tuesday


Software
Times Internet in advance talks to acquire TVF

Mumbai-based video streaming and production company the viral fever or TVF is in advanced talks with Times Internet for a possible buyout. 


11 More Software Stories


Ecommerce
Amazon Smbhav: Heres how Amazon is helping Indian SMBs go global like never before

A event focused on enlightening SMBs about the opportunities that technology makes possible.


Ecommerce
Ecommerce Is More About Delivery Than The Actual Product

For an ecommerce company, the first touchpoint with its customer base is when users open the website to browse through the inventory to place an order. "Logistics plays an important part here, as for the order to be delivered, the company must know the past performance of the shipper and its logistics


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b2bmarketingsymposium


Digital
How To Stop Platforms Like Google and Facebook From Eating The World

Big tech companies are seeing unbridled growth, larger now than the largest governments. While technology outpaces regulation, there's a strong need to establish 'techlash', or policy against absolute power in tech, to protect the public good


Digital
We will invest in blockchain startups that solve Indian problems: Nikola Stojanow of AE Ventures

In an exclusive interview with YourStory AE Ventures CEO Nikola Stojanow explains how the blockchain technology is becoming mainstream in many parts of the world, and why India is a prime market for them to invest in.


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Franchise
From Subway to Habanero, how a Bengaluru entrepreneur makes Rs 1.5Cr revenue by selling sauces

Griffith David owns 6 Subway outlets and started Mexican restaurant Habanero. Then he pivoted to a retailing business for sauces and dips.


Franchise


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Advt: Work for the best employer - Yourself
reseller
Advantages - Best B2B audience in India, no hard-selling or up-front costs involved, access to our content repository and air-tight agreements with instant gratification.

HR
These startups raised billions and then laid off thousands. Workers are shocked and frustrated

Just a few months ago, discount hotel chain OYO seemed unstoppable. The India-based startup touted plans for global expansion and saw its valuation double to $10 billion in October. But in mid-January, the company began sweeping layoffs that have seen thousands lose their jobs.


HR
Netflix, Hotstar, Amazon Prime — here are the latest job openings in the OTT space

The growing addiction for video streaming and demand for regional content is creating new job opportunities at OTT platforms. Netflix, which entered the Indian


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Logistics
Indian Railways earned Rs 9000 Cr from ticket cancellation charges, non-cancellation of wait-listed tickets in three years

The Centre for Railway Information Systems (CRIS), in response to the RTI application filed by Kota-based activist Sujeet Swami, said that in the three-year period from January 1, 2017 to January 31, 2020, there were over nine-and-a-half crore passengers whose wait-listed tickets were not cancelled. Such passengers brought the Indian Railways revenue of over Rs 4,335 crore.


Logistics
IRB bags Mumbai-Pune Expressway tolling contract for Rs 8,262 crore for 10 years

IRB will upfront pay Rs 6,500 crore and then a staggered payment of Rs 850 crore in the second year, Rs 850 crores in third year, Rs 62 crores in fourth year, aggregating to Rs 8,262 crores for the concession period of 10 years and 2 months. The company will take possession of the project from March 1 and start tolling.


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Construction
Real Estate Developers Are To Blame For High Inventory Of Affordable Homes: Anarock's Anuj Puri

Of the 6.48 lakh units unsold at present, 36 percent is attributed to affordable housing projects, Anarock Chairman Anuj Puri.


Construction
How the Internet of Things is Building Smarter Cities

Spending on smart cities is ramping up, and it's being driven by the development and implementation of new IoT technologies.


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Marketing
Tie-up with Virat Kohli's brand One8 contributes 10% of Puma India sales in 2019, helps sports firm clock 23% growth in revenues

With an annual turnover of Rs 1,413 crore in FY2019, Puma has taken a full 14 percentage points to lead over the immediate rival


Marketing
The Next-Gen Creatives running the show at Ogilvy India

For the agency's newly-crowned Chief Creative Officers - Kainaz Karmakar, Harshad Rajadhyaksha and Sukesh Nayak - 'Ogilvy-ness' stands for team spirit, creativity & fearlessness


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Politics
Home Minister Amit Shah Holds 3rd Meeting In 24 Hours Over Delhi Clashes
Home Minister Amit Shah Holds 3rd Meeting In 24 Hours Over Delhi Clashes
Union Home Minister Amit Shah, who oversees law and order in Delhi, on Tuesday held his third meeting within 24 hours with senior officials of the police and the ministry amid violence in the northeastern part of the national capital.


Politics
Ajit Doval Reviews Security Arrangements In North-East Delhi
Ajit Doval Reviews Security Arrangements In North-East Delhi
National Security Advisor (NSA) Ajit Doval late on Tuesday night met with top police personnel at the office of Delhi Commissioner of Police North-East, following which he visited areas affected by violence in the national capital, which has claimed 13 lives and left close to 200 people injured, over a period of three days.


7 More Politics Stories


Sports
'It does not make sense': Kapil Dev questions dropping KL Rahul from Tests
'It does not make sense': Kapil Dev questions dropping KL Rahul from Tests
KL Rahul has been named in his state's Ranji Trophy squad for the semi-final against Bengal to be played on February 29 at the Eden Gardens in Kolkata.


Sports
World XI vs Asia XI: Six Indians in squad, Virat Kohli's selection still unclear
World XI vs Asia XI: Six Indians in squad, Virat Kohli's selection still unclear
Considering the hectic schedule of the Indian team, it remains to be seen if Virat Kohli makes him available for the games scheduled in Dhaka between March 18 to 22.


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Entertainment
Who Is Revathi Roy, The Entrepreneur Who Inspired John Abraham's Next Film?
Who Is Revathi Roy, The Entrepreneur Who Inspired John Abraham's Next Film?
Having founded Hey Deedee to solve India's last-mile problem, Roy recruited an all-women fleet to deliver parcels and packages.


Entertainment
Mr India 2: After Shekhar Kapur, filmmaker Hansal Mehta questions why directors have no ownership on the film
Mr India 2: After Shekhar Kapur, filmmaker Hansal Mehta questions why directors have no ownership on the film
Mr India 2: After Shekhar Kapur, filmmaker Hansal Mehta questions why directors have no ownership on the film. Latest Bollywood News, Bollywood Celebrity News, Breaking News, Celeb News, Celebrities News at Bollywood Hungama.com


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Work
Building A Successful Startup Company Is Like Competing In The Tour de France
Building A Successful Startup Company Is Like Competing In The Tour de France
Professional cycling is a team sport played by individuals. This is the same dynamic within startup companies. There are individual victories and internal competition. But it's all in service of the ultimate goal: the team and company succeed.


Work
Why Planes Don't Fly In A Straight Line On A Map
Why Planes Don't Fly In A Straight Line On A Map
Have you ever been on a long-haul flight and wondered why your aircraft is taking a curved route instead of flying in a straight line when you look at the inflight map? why do planes fly in a curve around the world. Aircraft don't fly straight as the world is not flat.


5 More Work Stories



Life
Amazon is opening a supermarket with no cashiers. Is Whole Foods next?
Amazon is opening a supermarket with no cashiers. Is Whole Foods next?
The new Amazon Go store concept debuts on Tuesday in Seattle's Capitol Hill neighborhood.


Life
Harvey Weinstein is the first major figure taken down by #MeToo to be convicted
Harvey Weinstein is the first major figure taken down by #MeToo to be convicted
Weinstein is the first major figure taken down by #MeToo to be convicted.


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Retail
Scale at Reliance Retail has not deterred its growth engine yet
Scale at Reliance Retail has not deterred its growth engine yet
Retail business accounts for about 26% of Kotak's total EV estimates. In value terms, it's worth ₹3.4 trillion.Recently, the firm topped the list of 50 fastest-growing retailers during FY13-18 in Deloitte's Global Powers of Retailing 2020 index


Retail
Retail stores at Metros, highways, airports may grow to become a $21.6 billion business by 2030
Retail stores at Metros, highways, airports may grow to become a $21.6 billion business by 2030
The consultancy says that the spurt in lease rentals will open up a new revenue stream for operators, who are currently dependent mainly on passenger fares.


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Telecom
How Vivo Toppled Samsung, Became India's No. 2 Smartphone Brand

Vivo now has 18.8 percent market share, a jump of 96.5 percent over the same quarter in 2018. Samsung, during the same period, slipped to third spot with a 15.5 percent share


Telecom
Vodafone Idea may borrow from Oaktree Capital against its Indus Towers stake

Oaktree Capital is a foreign financial company working aggressively in distressed funds has agreed to pay funds to Vodafone Idea against the potential..


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Finance
How to get India out of this frustrating and complex recession

India has entered a major economic slowdown. The growth number understates the magnitude of the slump.


Finance
Carlyle to make best-ever India returns as SBI Cards eyes $10-bn valuation in IPO

Private equity firm Carlyle Group will likely record its best-ever performance from its India portfolio as it readies to pare


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