Jan 20, 2017 - Why mobile customers are better off under democratic govts

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Sree Vijaykumar From the Editor's Desk I've asked people all over the world about the dilemma of speaking up: When they can assert themselves, when they can push their interests, when they can express an opinion, when they can make an ambitious ask. The range of stories are varied and diverse, but they also make up a universal tapestry. Can I correct my boss when they make a mistake? Can I confront my coworker who keeps stepping on my toes? Speaking up is hard to do. More on how to do it while staying likable here. Advertisers of the day The Economist: Subscribe now and get a Hidesign passport wallet free Ingram Micro Cloud: Streamline your creative process and secure your digital assets with Dropbox Business   Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails (B2B Decision-Makers, B2C Decision-Makers, TradeBriefs Premium). Why mobile customers are better off under democratic govts From telecom wars to customer grievances on Twitter, economics helps across the world Advt: Work for the best employer - Yourself 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. The Real Deal with Email and What TradeBriefs does right So, here Amid RBI turmoil over note ban, new deputy Viral Acharya enters policy fray RBI deputy governor Viral Acharya faces the challenge of modernizing capital markets, financial institutions in India where at least 600 million don’t even have a bank account Mystery $9 billion in cash with Indians after Modi’s demonetisation move Indians withdrew about Rs60,000 crore ($9 billion) more than the Rs9.1 trillion of currency in circulation as of 13 January Fund-raising by healthcare start-ups dips 56% to $71 m Venture capital investment in Indian Healthcare Information Technology (HIT)/Digital Health start-ups has declined 56% year-on-year in 2016 at $71 million compared to the previous year. Axis Bank: Pop goes the math on bad loans Axis Bank, the third largest private sector lender in India, seems to have miscalculated its asset quality every quarter since RBI’s review Myntra adds new third-party sellers to comply with FDI norms Shreyash Retail, Health and Happiness and Tech Connect Retail join Vector E-commerce as third-party sellers on Myntra’s platform Sebi prepares the market for Budget 2017 Sebi is likely to impose stricter margin trading norms, create special liquidity window on the budget day to combat potential market volatility Sebi issues discussion paper for commodity options contracts Sebi has also proposed to amend SECC regulations to allow options that have commodity futures as underlying KKR Co backs TVS logistics again with Rs 400-crore promoter loan The US private equity giant is understood to have invested close to Rs 400 crore in a credit deal with TVS promoter family. Apax Partners sells remaining stake in Cholamandalam for Rs526 crore Apax sold 5.39 million shares, or a 3.45% stake, it held in the company Cholamandalam Investment Avendus Capital to enter structured finance with Rs500 crore fund Avendus Capital will target investments in growth companies, mid-market companies, solid businesses SBI may retain up to 40% of deposits made during note ban: Arundhati Bhattacharya "SBI's low-cost deposits had surged by Rs 1.4 lakh crore after the cash ban and the lender is seeing “unprecedented liquidity,” SBI chief said. Startup India’s flaws are beginning to tell Instead of providing an enabling business environment, the government is applying a version of the infant industry logic Competition Commission slaps Rs206 crore fine on seven cement companies This is not the first time that cement companies have come in the crosshairs of the Competition Commission of India Is the luxury housing market shrinking? Developers are not only looking at different strategies to sell expensive homes but also watching the market before launching fresh inventory Safran to buy Zodiac for $10 billion in all-French aviation deal Safran is buying Zodiac after the cabin maker issued multiple profit warnings and saw its share price tumble amid delays in the supply of seats for Airbus’ latest A350 jet Lakshmi Vilas Bank mops up Rs 450 crore 'stressed' loans in demonetisation drive "It is an interesting quarter for anybody dealing with banks, especially when demonetisation was announced. There are positives as well as negatives for us to report," Lakshmi Vilas Bank MD and CEO, Parthasarathi Mukherjee. HDFC Bank to train 25,000 people in cashless transactions Jaisinghani informed that at present there are 130 branches of HDFC Bank in the State and 50 per cent of them are in semi urban and rural areas. Note ban: IT writes to RBI; says co-op banks' cash records seriously tampered with The probe has found "serious" difference in these banks' accounts, to the tune of multi-crore rupees, in the aftermath of note ban. Will it benefit us or will it not? Demonetisation-driven cash deluge leaves India's banks perplexed For weeks, investors have speculated over whether the surging bank deposits caused by the Nov. 8 ban on high-value notes will ultimately benefit lenders. Amazon just launched a new training program to help employees in danger of being fired Amazon launched Pivot, a new training program aimed at helping underperforming employees. You'll soon be able to shop on Amazon in virtual reality, according to this job post A recent job posting on LinkedIn requests a creative director to head up Amazon's yet-unannounced VR shopping experience. Western Union Will Pay $586 Million For Aiding In Wire Fraud, Other Violations The global money service company admitted it had acted criminally by "willfully failing to maintain an effective anti-money laundering program" and assisting people committing wire fraud. Retailers seek early implementation of GST - Indian retail sector is pegged to grow at $1.3 trillion by 2020. Haldiram Group of Companies: A delicious growth story The Delhi NCR-based Haldiram Group of Companies is a leading manufacturer of namkeens, sweets, western snacks, and ready-to-eat food ranges, under the trademark 'Haldiram’s'. The group caters to the Shopaholics' paradise: Experience unparalleled retail therapy in Dubai Mall of the Emirates has a spectacular 2.4 million square feet of retail floor space. The mall boasts of 630 high-end brands. Reliance Industries's Lyf products will be Made in India Reliance Lyf Mobiles to be Made in India: Reliance Industries has asked its chinese partners to make the mobile in India to support Make in India introduced by Prime Minister Narendra Modi. This Chinese maker has lots of other products which include Set-top boxes, Mobile phones which support VoLTE in India, home automation and automobile telematics … Govt urges Tata to invest in Teletalk The government has urged Indian businesses, including Tata Communications, to invest in Bangladesh's telecom NIC India's technological bridge: Ravi Shankar Prasad He was speaking at the inaugural session of the three-day event National Meet on Grassroot Informatics -- VIVID: Weaving a Digital India organised by .. Xiaomi plans to bring more ecosystem products to India Currently, apart from smartphones, Xiaomi sells products like air purifiers, fitness bands, VR headsets and power banks in India. Innovation will make or break Indian telecoms Sagar Mehta, engagement director at Flytxt, says telecom operators in India and around the world are undergoing a major evolution phase with the advent of 4G LTE, but are also facing the brunt of dwindling numbers. This is common with almost all the communication service providers (CSP) across the country. While the specific challenges faced … New mobile app to help fishermen increase their catch An app under the aegis of the Central Marine Fisheries Research Institute (CMFRI) has been developed to aid fishermen to increase their catch and reduce the Ex-Line India head Daman Soni joins MobiKwik Former LINE India head Daman Soni has joined digital wallet company MobiKwik to head Marketing and Growth functions. Department of Telecom and regulator Trai differ on India's Broadband rank Regulator TRAI and Telecom Department today differed over broadband penetration, with the watchdog highlighting India trailing in various global indices and the latter arguing that rankings need be seen in larger context of a developing nation. Prabhat Dairy appoints Muthar Basha to head Consumer Business Basha has over 25 years of Sales and Customer Marketing experience was earlier the head of sales at Global Consumer Products Limited. Coca-Cola consolidates bottling operations in India Coca-Cola India appoints Shehnaz Gill as senior vice president (operations) in India Coca-Cola India appoints Shehnaz Gill as franchise head Gill, a 12-year veteran of the Coca-Cola system, will take over the newly created role of Senior Vice-President Operations for India, the company said in a statement. Ramdev's Patanjali comes to debt-ridden Ruchi Soya's rescue Ruchi Soya declined to give a comment to ET Now. The company's stock today was locked in an upper circuit, and was also the top gainer in the Nifty500 index. Ramdev faces a test in economics: Patanjali nears inflection point At the present rate of growth, Patanjali Ayurved will be a $1 billion company next year. To grow from there, it will need a carefully measured dose of toxicity. FMCG stocks gain Key benchmark indices were trading with small gains after regaining positive terrain after slipping into the red for a brief period in mid-afternoon trade amid mixed open for European stocks. 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