Oct 20, 2016 - How does India fare in access to banking?

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Sree Vijaykumar From the Editor's Desk On his website Rendon calls himself the political consultant who is the "best paid, feared the most, attacked the most, and also the most demanded and most efficient." Rendon saw that hackers could be completely integrated into a modern political operation, running attack ads, researching the opposition, and finding ways to suppress a foe's turnout. Voters trusted what they thought were spontaneous expressions of real people on social media more than they did experts on television and in newspapers. Sepulveda knew that accounts could be faked and social media trends fabricated, all relatively cheaply. He wrote a software program, now called Social Media Predator, to manage and direct a virtual army of fake Twitter accounts. The software let him quickly change names, profile pictures, and biographies to fit any need. Eventually, he discovered, he could manipulate the public debate as easily as moving pieces on a chessboard-or, as he puts it, "When I realized that people believe what the Internet says more than reality, I discovered that I had the power to make people believe almost anything." Andres Sepulveda rigged elections throughout Latin America for almost a decade. He tells his story for the first time here Advertisers of the day Brigade: Homes for the Achiever in You Industrybuying: Welcome to India's Leading E-commerce Company for 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). How does India fare in access to banking? Despite progress, India lags behind most major economies in access to bank accounts 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. Apply now   The Real Deal with Email and What TradeBriefs does right So, here’s the real deal with email. Yes, we all get too much email, but for those of us who check it, we do so over 15 times a day.   Sebi finds it tough to refund investors in Ponzi schemes Even PACL, which owes Rs49,100 crore to 58 million investors, hasn’t repaid investors or filed a winding-up report, as per Sebi’s collectiove investment scheme norms Aditya Birla Group in talks with IFFCO to sell fertilizer arm Aditya Birla Group has been looking to sell Indo Gulf Fertilisers for several years, as part of a strategy to exit low-margin businesses in govt-regulated sectors Sebi to re-examine algorithmic trading norms Sebi will start a second round of consultations with market participants on algorithmic trading regulations by dropping some of its earlier proposals NSEL scam: What were RBI’S and FSDC’s roles? Pre-2010, NSEL was a new animal, with no financial markets regulator overseeing it. Then RBI and FSDC stepped in Aashish Bhinde to quit Avendus Capital Under Aashish Bhinde, Avendus closed 60 transactions since 2011, raising over $3.5 billion Indian investor convicted in insider trading case in US An Indian-origin private equity investor has been convicted of conspiracy and securities fraud in the US for tipping off two friends about a proposed 2013 acquisition of a firm by India-based Apollo Tyres, an insider trading scheme that netted over How a Sebi crackdown led to tax declarations of over Rs5,000 crore Stockbrokers, market operators, penny stock company promoters and such entities being investigated by Sebi declared at least Rs5,000 crore of illegal income Rosneft, BP entry may fuel retail competition in India BP Plc has just received a license to set up 3,500 pumps, while Rosneft will inherit 2,700 retail outlets following a deal to acquire Essar Oil. SBI blocks over half million debit cards after security risk Last week, Axis filed a preliminary report about the breach to RBI. The bank has hired EY, the audit and advisory firm, to carry out an investigation. India seen as sole bright spot in troubled global economy: Birender Singh Singh said in 2015 India became the world's third largest producer of steel Security breach: SBI blocks over 6L debit cards Customers need not panic. They can approach their branch, call up phone banking, use the internet for 're-carding' or set their PIN using internet banking There's a 90% chance the Apple power accessories you bought on Amazon are fake When it comes to Apple accessories, if it's too cheap to be true, it probably is. Tata Trent's Westside opens 100th store in Bhubaneswar Westside, the flagship store of Tata Group's retail arm Trent, has opened its 100th store in Bhubaneswar, Odisha. New Casa Pop store at Delhi's Select Citywalk is a feast for the eyes Mediterranean blues, peacock green, sunset oranges - the range of colour at the newly-launched store is a visual delight. Shopping malls facing e-commerce challenge: ASSOCHAM This is also attributable to the malls, which had come under the twin pressure of slowdown and e-commerce onslaught by way of deep discount, getting t.. Indian e-commerce needs quantum bets For many e-commerce companies, translating data into insights is what is required to scale revenue and succeed 3G, 4G, now 5G: India takes early call India is aggressively pursuing the agenda at the body which is making standards for 5G of which India has been made a member only two years ago.   Morocco Loses $320 Million due to VoIP Blockage The Moroccan economy has lost $320 million as a direct result of the government’s decision made in January of this year to restrict VoIP Right call: for Xiaomi, it's 'Hindi-Chini, buy-buy' With smartphones and smarter marketing, the gadget-maker is expanding its India footprint Samsung Galaxy On7 (2016) to launch tomorrow in India and Samsung is already teasing the phone on Flipkart Samsung Galaxy On7 was already launched in China and the phone will be a Diwali launch in India. Reliance Jio 4G is free but it's so bad I am going back to Airtel Reliance Jio 4G now acts like 2G. Yes, it is that bad. Jio speed may improve after Dec 31, but only because most users will leave Jio to go back to Airtel, Vodafone, Idea or someone else. Now book Ola or Uber from Google Search app or mobile browser Lucknow:  As lakhs of married women fast for the longevity of their marital life and well being of their husbands on Wednesday, the wait for the moon to show up is always a long one on Karwa Chauth.     India Leads The World In Android Phones Affected By Ghost Push Trojan Over half the affected smartphones are in India. Airtel now offers 10GB data at Rs 259 for new 4G handset users Airtel says 1GB data will be instantly credited to the customer’s account and the additional 9GB data can be claimed via MyAirtel App. Now book Ola or Uber from Google Search app or mobile browser Google Search now has the option of booking an Ola or Uber directly from the mobile search results.    Xiaomi says it will be biggest phone company in India in 5 years A video leaked on Youku shows a user running a phone with bent screen in his palm. The smartphone apparently appears to be operating on Xiaomi MIUI skin, while user runs through couple of functions without any drops in between. Google Pixel XL: Armed with an Assistant, here is the 'first' Google phone Google Pixel XL first impression: Meet the phone that wants to be the new king of Android smartphones. Two Amazon employees booked for mobile theft Gurgaon: Two employees of the dispatch unit of online retailer company Amazon were arrested on Monday for trying to sneak out eight mobile phones. Amaravati: 4G services in Amaravati soon With a view to providing 4G services in the capital city region, mobile phone service providers are unveiling plans to offer high-quality internet and frequency.As of now 4G services are available only in metro cities. Telecom: Expectations remain mismatched | The Asian Age The re-auction of 700 MHz band should only be conducted after a thorough review of the reserve ... Reliance Jio entry strategy to squeeze operational cash flows of Indian telecom sector in FY17-18: Ind-Ra Reliance Jio’s entry strategy is expected to squeeze operational cash flows of the Indian telecom sector in Fiscal year 17-18, as it has threatened .. Varun Beverages IPO to open on 26 October Varun Beverages Ltd has set a price range of 440-445 rupees each for its planned initial public offering (IPO), which is targeting to raise between $165 million and $167 million, according to a term sheet of the deal obtained by IFR. New consumer rights bill to make justice easier, quicker for buyers Buyers suing firms for faulty products or approaching consumer courts to settle disputes won’t need to hire lawyers. Also, all such cases have to be decided within 90 days. FMCG companies back 16-18% GST tax rate A rate of around 18% would spur growth. Consumers would benefit from the lower tax rates and everyone could witness an uptick in demand. Samsung India confident of growth beyond festival season Sees a pick up in consumer sentiment due to positive economic factors Panel fails to finalise rates for GST By Manoj Kumar | NEW DELHI NEW DELHI A council of finance ministers from India's union and state governments on Wednesday failed to finalise the main rate of the goods and services tax and will again meet next month, raising concerns that the new sales tax might miss April's deadline.Union and state finance officials met for two days in New Delhi to resolve their differences over the rates as well as the administration of the tax. They will again meet on Nov. 3-4 Government organising Consumer Mela in capital The objective is to bring consumers, companies, regulators and department of consumer affairs on one platform for consumer awareness and possible grievance redressals. How MNCs using cross-suits to gain corporate edge At least four consumer packaged goods companies filed cross-suits in the Delhi high court over the past month against rivals suing them Coca Cola drops Salman Khan as brand ambassador for Thums Up Beverages major Coca Cola India has dropped Bollywood superstar Salman Khan as brand ambassador for its soft drink 'Thums Up' after four years of association and the company is in talks with young star Ranveer Singh to replace him. Pakistan court revokes licenses of all wine shops in Karachi The court observed that the licenses were supposed to be issued for wine shops which were only meant to sell foreign or local liquor to non-Muslims during their festivals. After chutney cheese, Parag Milk Foods launches kaccha aam, shezwan and achari cheese "It now plans to offer four new innovative flavours – Kacha Aam, Achari, Piri Piri & Schezwan – these flavours have been developed keeping in mind the current taste trends." Ikea Effect: Renting Furniture Vs Buying Trend Helps Furlenco Seal Another $30 Million In Funding The company plans to expand into Delhi NCR and Hyderabad Pepperfry launches India's largest store for lamps and lighting Pepperfry.com, one of India’s biggest e-marketplaces for furniture and home, has set-up India’s largest lamps and lighting store. The store launch, says the company, has been achieved by creating a supply side ecosystem based on superior understanding of consumer trends. The lamps category has been carefully curated to provide a highly differentiated assortment to the consumers across design-themes, TradeBriefs Publications are read by over 10,00,000 Industry Executives India Business Brief | India Retail News | India Food Brief | India Telecom Brief | India Finance Brief | India Software Brief | India Digital Brief | India Ecommerce Brief | India Franchise Brief | India HR Brief | India Logistics Brief | India Construction Brief About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India