March 3, 2021 - India woos Tesla with offer of cheaper production costs than China

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� Invite Friends   From the Editor's Desk If Strategy Is So Important, Why Don't We Make Time for It? Strategic thinking is an essential component of leadership -- and yet for many leaders, it can be nearly impossible to find time for. In this piece, the author argues that there are two main barriers that keep leaders from devoting more time to strategic thinking: First, companies often incentivize long hours, and tethering yourself to your desk is rarely a recipe for innovative, strategic thinking. Second, many leaders want people to think they're busy, so they lean into the frenzy. To fight against these external and internal pressures, remind yourself that strategic thinking doesn't necessarily require a large time investment. You may also benefit from documenting where your time is actually going, as there may be tasks that you could easily combine defer, or outsource. Finally, start actively working to let go of the "busy = important" frame that dominates so much of our culture. Becoming more aware of the reasons you struggle to make time for strategic thinking is the first step towards overcoming them. Continued here TradeBriefs: Newsletters for Decision-Makers! Advertisers of the day Emeritus: Be a part of the PG Diploma in Innovation & Design Thinking program - Starts on Mar 4, 2021 NUS Business School: Apply now for the Business Analytics for Strategic Decisions programme by NUS Business School - Starts on Mar 4, 2021 Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. Want the newsletters, without the promotional mailers? Get an (ad-free) subscription to TradeBriefs Premium for just $2 per month.   Access to all content | No ad mailers Top Story India woos Tesla with offer of cheaper production costs than China New Delhi is ready to offer incentives to ensure's cost of production would be less than in China if Tesla commits to making its electric vehicles in India, Union transport minister Nitin Gadkari said Top Story Explained: As schools prepare to reopen amid Covid-19, what are the challenges ahead? As schools across India prepare to reopen for young children after the pandemic year, students, teachers, and the government face a set of unique challenges. What are the key questions before them, and what action plans and strategies need to be finalised in the coming weeks? Construction Why REITs are a good investment option vis-a-vis direct real estate purchase REITs /InvITs function like mutual funds by pooling the capital of a large number of investors to purchase and hold stakes in income-generating real estate assets. Construction Mumbai sees huge growth in property sales; housing units worth ₹11,000 crore booked in Feb 'We anticipate robust sales this month too which will be equivalent to December 2020 as the consumers will try to avail of 3% stamp duty benefit before 31 March,' NAREDCO President said Construction SBI mega e-Auction: Chance to buy your dream home, other properties at affordable prices SBI mega auction: Want to buy a house, but present real estate valuation is proving to be a deterrent to accomplish your dream? Are you looking for second hand property at good price but unable to find it? Worry not! State Bank of India has got you covered. � � Construction The lessons our infra push can learn from the IT sector India should use a capability creation model of project management to achieve its ambitious goals 14 More Construction Stories Marketing The often-hidden costs of in-house agencies | Advertising The founder and CEO of marketing consultancy TrinityP3 uses a side-by-side comparison to dig into the costs you might not have considered Marketing Airbnb slashes spend in permanent shift from performance marketing to brand | Advertising CEO describes move as 'very important' 14 More Marketing Stories Politics Brazil Reports Record 1,641 COVID-19 Deaths In 24 Hours Brazil on Tuesday registered a record 1,641 deaths from Covid-19 in 24 hours as the country endures a further worsening of the pandemic, health authorities announced. � Politics Mumbai Reports Two COVID-19 Deaths, Lowest In Last 10 Months Mumbai reported only two COVID-19 fatalities, the lowest in the last 10 months, on Tuesday, the Brihanmumbai Municipal Corporation (BMC) said. 11 More Politics Stories Sports Hungama And Hindustan Talkies Make Strategic Investment In E-sports Platform- Indian Gaming League The combined investment of up to USD 500,000 will help Indian Gaming League with user acquisition and platform development, the platform will further leverage the funds to institute India's biggest e-sports tournament and gaming awards. , , hungama, Hindustan Talkies, Indian Gaming League Sports FAUG Developer Faces Defamation Notices After Calling Fantasy Sports Apps Disguised Gambling on Twitter FAUG co-founder, Vishal Gondal, had called out numerous services that he claimed were trying to get away with gambling under pretence of fantasy sports. 8 More Sports Stories Entertainment Kangana Ranaut moves Supreme Court seeking transfer of three criminal cases from Mumbai to Himachal Pradesh court  Kangana Ranaut moves Supreme Court seeking transfer of three criminal cases from Mumbai to Himachal Pradesh court . Bollywood News: Latest Bollywood News, Bollywood News Today, Bollywood Celebrity News, Breaking News, Celeb News, Celebrities News, Bollywood News Hindi, Hindi Bollywood News at Bollywood Hungama.com. � You Might Like � � � Entertainment Newsbreak: Aamir Khan shelves Mahabharat Newsbreak: Aamir Khan shelves Mahabharat. Bollywood News: Latest Bollywood News, Bollywood News Today, Bollywood Celebrity News, Breaking News, Celeb News, Celebrities News, Bollywood News Hindi, Hindi Bollywood News at Bollywood Hungama.com. 8 More Entertainment Stories Work UK house prices see 'surprise' pick-up, says Nationwide An unexpected acceleration in values last month pushed prices to a record high, the Nationwide says. Work Energy firms overcharged one million switching customers Households were overcharged by a total of £7.2m when they should have been protected from price rises. 28 More Work Stories Life Has China lifted 100 million people out of poverty? President Xi says China has achieved his poverty reduction pledge - but has it? � � Life The CEO of a Major Headhunting Firm Says the Best Resume He's Ever Seen Had These 6 Things Is it time to dust off the old resume? Here are some tips. 19 More Life Stories Retail Convenience store chain AMPM raises ₹16 mn from Agility Venture Partners The stores for now sell products across categories like grocery, bakery, confectionery, stationery, pharmacy and packaged food and beverages Retail Forget Mukesh Ambani vs Bezos, kirana king Udaan is the new kid to beat in India's retail war Udaan has taken 80% of B2B e-commerce market, delivering goods it stocks in 200 warehouses to more than 17 lakh retail stores in 900 cities every day. Retail Ratnadeep eyes Rs 800 crore yoy turnover by FY2020 end ~ Team Ratnadeep It has been a tough one year for the Retail Sector. The onset of COVID-19 and the shutting down of stores and malls indefinitely was a challenge no one had predicted. Millions of retail employees lost their jobs. Retailers were left with little manpower as workers migrated to their native places, and with each day turning up […] � Retail Value fashion retail major V-Bazaar forays into grocery segment Leading value retail chain V-Bazaar has announced its foray into the grocery business as a part of its retail expansion plans. The 72-store strong retail major has its operations spread across Bihar, Jharkhand, Madhya Pradesh, Orissa Uttar Pradesh, and West Bengal. The post-pandemic scenario has enticed the company to sell grocery at some of its […] Retail Govt gives town of export excellence tag to Noida for apparel goods New Delhi, Mar 2 () The central government has given the tag of 'town of export excellence' to Noida for apparel products, a move that will help promo.. Retail OYO's Ritesh Agarwal and Future Group's Kishore Biyani did not make the cut this year to be among India's rich Indian billionaires Ritesh Agarwal and Kishore Biyani dropped off Hurun's Rich List for 2021.Patanjali CEO Acharya Balkrishna saw the biggest drop in net worth in percentage terms.Flipkart founders Sachin Bansal and Binny Bansal maintained their net worth, but that still led to them slipping over 400 ranks on the Rich List.Not everyone escaped the impact of the coronavirus pandemic. While many businesses managed to not just survive, but thrive, others ran a little short on luck. The people behind these enterprises saw their estimated net worth take a hit.Among India's 177 billionaires, the worst blow was dealt to fast moving consumer goods firm (FMCG) Patanjali Ayurved's chairman, Acharya Balakrishna, who saw his estimated net worth dip to $3.6 billion.Here is how the rankings shifted this year:Number of billionaires who saw their wealth increase: 150Number of billionaires who saw their wealth decrease: 16Number of billionaires who saw no change in estimated net worth: 12New faces: 50Drop-offs: 10There are another 32 billionaires of Indian origin, living outside of India like LN Mittal of ArcelorMittal in the UK or Zscaler's Jay Chaudhry in the US.Here is a list of Indian billionaires who took the biggest hits during COVID-19 and those to fell off the Hurun Rich List 2021 altogether: Retail Shoppers Stop to Launch up to 15 Stores in Nine Months � Retail CFOs In Tech: Delhivery's Amit Agarwal On The Evolving Role Of A CFO, IPO Preparation Delhivery CFO talks about their unicorn startup and their growth driven by constantly adding new technology and innovation. 16 More Retail Stories Telecom Half of telecom spectrum sold goes to Reliance Jio at Rs 57,122 crore The government garnered Rs. 77,814.80 crores in total for 855.60MHz spectrum from Reliance Jio, Airtel, and Vi. Telecom 150,000 mobile retailers urge PM Modi to probe Amazon's business practices in India The report was based on internal Amazon documents dated between 2012 and 2019. 10 More Telecom Stories Finance Why Nischal Maheshwari is gung-ho on SBI and ICICI Bank The corporate banking side is going to remain positive for the next two years, says the Centrum Broking CEO-Institutional Equities. � Finance The First Lady Of New Banking Mable Chaco, Co-founder & COO, Open Financial Technologies, a neo-banking platform for SMEs and startups, talks to BW Businessworld's Urvi Shrivastav about her company: , , magazine 19 Feb 2021, smes, startups 20 More Finance Stories Food/FMCG Tea prices will normalise after once-in-a-lifetime yo-yo on pricing: Tata Consumer MD CEO Focusing On Doing A 'Fine Balance Between Margin, Market Share, Volume Growth & Profitability' In Tea Business: Sunil D'Souza. Food/FMCG For Mondelez India, sustainability is at the core of snacking Mondelez India is making snacking both sustainable and mindful, by building a future where people and the planet thrive 7 More Food/FMCG Stories Software Top 10 tech billionaires in India � � Software BACKSTORY: The deal that gave wings to India's dotcom dreams Rajesh Jain, India's first internet hero whose 1999 sale of his start-up to Satyam Infoway for Rs 499 crore, truly ushered the digital era in IndiaGet latest Business online at cnbctv18.com 13 More Software Stories Ecommerce Walmart's Flipkart expands grocery sales to more Indian cities Walmart-owned Flipkart will sell groceries online in more Indian cities, as it seeks to compete better with Amazon and Reliance in an e-commerce market that has grown rapidly during the COVID-19 pandemic. Ecommerce Amazon Changes Icon after Netizens Compare It to Hitler's Mustache. Myntra Deja Vu? Days after Myntra announced its decision to tweak its logo, now e-commerce giant Amazon has sneakily rolled out a small change in its mobile app icon after users found an uncanny similarity between the app's former logo and Adolf Hitler. 15 More Ecommerce Stories Digital SMEs in western countries turn to India for virtual staffing; no H1-B required Companies are approaching staffing firms here to hire individuals who can work from anywhere in India but on western timings Digital Twitter beats Clubhouse to Android, opens Spaces platform to select users Spaces was first announced in December 2020 and has been available for iOS users so far.Like iOS, Android users too will have access to a controlled beta of the platform 13 More Digital Stories Franchise Upcoming Trends in Retail Pharmacy Space in India The pandemic has changed the way people live and this has led to definite shifts in consumer preferences. Franchise Jewel Classic Hotels to invest $20 million in international expansion The company's luxury heritage hotel brand, Noor Mahal Palace's premium restaurant called "Colonel Saab" is set to be operational in London around July.The company plans to invest in international travelers as well as Indians settled abroad 2 More Franchise Stories HR Around 85% of Indian women missed out on raise and promotion during COVID-19 pandemic, reveals LinkedIn report Women have been disproportionately impacted amid the Covid-19 pandemic in India and 85 per cent of those surveyed have missed out on a raise and promotion HR Article: Organizations need to have clearly defined diversity-related KPIs at every level: CHRO, VFS Global — People Matters Organizations can overcome diversity-related challenges when business leaders take it upon themselves to establish a culture that will provide opportunities for every individual to contribute feels Bernard Martyris Chief of Human Resources VFS Global 10 More HR Stories Logistics Covid, floods, locusts — India's nascent drone industry helps govt fight many challenges Drones have aided the implementation of the Covid lockdown and other pandemic awareness measures, while also helping with search efforts in Uttarakhand floods last month. Logistics IndiGo flight makes emergency landing in Pak, passenger dead on arrival An official of the Pakistan Civil Aviation Authority said the landing permission was granted to the Captain of the Lucknow-bound IndiGo flight 6E1412 after an elderly passenger fell seriously ill 17 More Logistics Stories TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. 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