Newsletter dated 14th October, 2015

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THOUGHT OF THE DAY
THOUGHT OF THE DAY
"Challenges are what make life interesting and overcoming
them is what makes life meaningful…"
Law Updates:
 Government is set to unveil an ambitious PAN activity monitoring and
analysis software tool that will enable Income Tax department to check
transactions history of a person country-wide and help sleuths in
effective tracking of black money trail.
 Infosys to roll out GST collection network for government in Rs 13,130
crore deal. Software major Infosys will soon implement the central
government’s ambitious project to network the country for its Goods
and Services Tax collection as the sole vendor for the five-year project.
 State-owned Bank of Baroda will soon hire an external accounting
agency to identify the loopholes that led to the Rs 6000-crore forex
scam which was detected last week.
PROFESSIONALS INPUTS:
 Vide SEBI Circular No. CIR/CFD/CMD/6/2015 dated 13 October, 2015
issued Format of uniform Listing Agreement incorporating the revised
disclosure and regulatory requirements applicable for all listed entities.
 Vide CBDT Notification No. 78/2015/F. No.142/20/2015- TP dated 12
October, 2015 notified Income- tax (15th Amendment) Rules, 2015
under which government allowed deduction for treatment of disease on
basis of certificate of private hospitals.
 Vide DGFT Public Notice No.41/2015-2020 dated 13 October, 2015
notified the quantity of sugar to be exported to EU under CXL Quota
and to USA under TRQ upto 30.09.2016.
 Vide IRDA Notification F. NO. IRDA/REG. notified IRDAI (Minimum
limits for annuities and other benefits) Regulations, 2015.
 Vide DVAT Notification No.F.3(515)/Policy/VAT/2015/870-81 dated 12
October, 2015 extended the last date for filing of online returns for the
1st and 2nd quarters of the year 2015-16, in Forms EC-II and EC-III to
16-11-2015.
MARKET WATCH:
SENSEX: 26821.06 -25.47 NIFTY: 8120.55 -11.15
SILVER: 37521.00 249.00 GOLD (MCX): 27163.00 184.00
USD/INR: 65.12 -0.08 CRUDE OIL: 3058.00 -31.00
CS Rajiv Bajaj
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Bajajr66@gmail.com
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Date: 14th October, 2015

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Anand Chandrasekaran
Chief Product Officer of Snapdeal
Anand Chandrasekaran is an Indian business executive who is currently the
Chief Product Officer of Snapdeal, one of India's pre-eminent Internet
companies. Previously, he was Chief Product Officer of Bharti Airtel, the
third largest mobile operator in the world.
Early life
Chandrasekaran holds an undergraduate degree in Electronics and Communication Engineering from PSG
College of Technology, Coimbatore and an M.S. in Electrical Engineering from Stanford University.
Career
After graduating from Stanford University in 2001, he co-founded Aeroprise, one of the early innovators in
personalized mobile applications software. Aeroprise had over 100 of the world's largest enterprises as
customers including the Department of Homeland Security and Safeway. Aeroprise was acquired by BMC
Software in 2011. In 2011, he joined Yahoo and was a well-regarded product leader working on Yahoo
Mobile, Yahoo Answers, online mapping, Yahoo Travel and the Yahoo Search businesses including local
during the time that Marissa Mayer was CEO. During his stint there, he worked on the partnership with
Yelp and its integration into Yahoo Search, which led to bringing industry-leading reviews and ratings
content into Yahoo. This partnership was similar to content deals announced by Apple and Microsoft. In
2010, Anand was named by the World Economic Forum as a Young Global Leader. In 2014, he was lured
by CEO Gopal Vittal to join Bharti Airtel in the newly created position of Chief Product Officer, in charge of
conceptualizing and delivering new products and reporting to Consumer Business head Srini Gopalan. In
2014, he helped launch Wynk Music, and led the partnership with Google as the exclusive network partner
in India for Android One. In 2015, Anand helped launch Freecharge Wallet, a digital payments service for
Snapdeal's 87 million users. He is also a Producer of the award-winning HIV-AIDS related documentary
Tapestries of Hope and has been an advisor to Storm Ventures.
Anand Chandrasekaran has been Chief Product Officer of Jasper Infotech Private Limited since June 2015.
Mr. Chandrasekaran served as the Chief Product Officer of Bharti Airtel Limited from April 8, 2014 to
June 10, 2015. He co-founded Aeroprise, Inc. (BMC Mobility for IT Service Management) and also served
as its Director of Marketing. He managed BMC Mobility for IT Service Management's product and
corporate marketing initiatives. He drove mobile product management within the search product group at
yahoo! Prior to yahoo!, he served as a Director of PM at Openwave driving new product incubation and day
to day product management of the mobile mediation product line which touched more than 200 million
subscribers daily through more than 70 mobile operators. Before Openwave, He served as Venture Advisor
at Storm Ventures LLC. He served as the Chief Technology Officer and Head of Product at MorfMobile.
Earlier, he served at MyToday SMS (India). He was associated with enterprise customers and partners to
define product functionality, launch BMC products, implement go-to market strategies, lead market
awareness and evangelism efforts and define inside sales strategies. Previously, Mr. Chandrasekaran
served a variety of research, product and marketing roles with Yodlee Inc., the Indian Institute of Science,
Raman Research Institute and SLAC. He served on the executive team and ran marketing for BASES,
Stanford's largest student-run entrepreneurial organization. He co-founded Kwaish, Inc. He serves as a
Member of Advisory Board at the Mobile Enterprise Alliance (MEA). He served as a Director of BMC
Mobility for IT Service Management. He was recognized in 2004 by MIT and named to the list of Global
Technovators. In 2010, he was selected by World Economic Forum as a Young Global Leader. He and team
were first prize winners at Garage Technology Ventures' PLANedu National Business Plan Competition in
2000.