Local mobile brands lose market share, What present mobile business can learn from an era gone by?

In order to enhance India’s domestic manufacturing capacity and build its export capacity, the Internet and Mobile Association of India (IAMAI) has called for an assessment of the impact of the phased manufacturing programme (PMP), which has seen limited success, causing local mobile phone brands to lose their market share.

SELECT“Local mobile brands lose market share, What present mobile business can learn from an era gone by?”

JPMorgan invested ₹85 cr. in an Amrapali Group company’s shares & later sold them for ₹ 140 cr. to an office boy?

The court on Tuesday ordered the federal anti-money laundering agency to investigate Amrapali, based in Noida, near New Delhi, for diverting funds overseas with the help of JPMorgan and others. The violations, based on a forensic audit, range from disregarding foreign investment norms, paying dividend without generating profits, setting up fake companies and overvaluing shares.

SELECT“JPMorgan invested ₹85 cr. in an Amrapali Group company’s shares & later sold them for ₹ 140 cr. to an office boy?”

Business is Risky: Secured lenders should have exited before insolvency occurred.

The case concerns the country’s most high-profile bankruptcy, Essar Steel India Ltd. Insolvency judges recently ruled that creditors whose claims are backed by collateral won’t get preferential treatment in the $6 billion sale of the company’s plant to ArcelorMittal. Secured creditors will stand in line with unsecured creditors.

SELECT“Business is Risky: Secured lenders should have exited before insolvency occurred.”

Payment guarantees for power purchase: DISCOM Efficiency

Minister of state for power and new renewable energy has approved the proposal to make it mandatory for distribution licensees to open and maintain adequate letter of credit as payment security mechanism under power purchase agreements. The order, applicable from August 1, will ensure curbing adding further to the outstanding bills of Rs 41,747 crore by distribution companies.

SELECT“Payment guarantees for power purchase: DISCOM Efficiency”

The Indian Medical Association (IMA) is back at minting money

The Indian Medical Association (IMA) is back at it – endorsing commercial products. Except, this time they aren’t calling it endorsement. The new name is “certifying a claim that is health friendly”. And the IMA is refusing to divulge how much money has been given for this certification citing “non-disclosure agreements” with the companies whose products they have certified.

SELECT“The Indian Medical Association (IMA) is back at minting money”

Example of how sudden demonetisation ended black money enabled markets

Since all these market stakeholders relied heavily on unaccounted cash transactions and thus could make better profits while keeping their product prices lower than those who relied on cashless transactions and followed the law of the land. Furthermore,demonetisation induced this drop in turnover suggests that 25% of the market was funded by black money and contributed ₹4000 Cr. to the black economy.

The plywood industry’s annual turnover dropped from Rs 16,000 crore in 2016 to Rs 12,000 crore now. 350 plywood manufacturing units shut down , as did 500 units supplying raw material; production at more than 100 units was halved. He and his wife saved Rs 4,000, and he had few complaints.

https://www.business-standard.com/article/economy-policy/how-demonitisation-ended-golden-days-of-workers-in-india-s-plywood-capital-119052200148_1.html
SELECT“Example of how sudden demonetisation ended black money enabled markets”

World’s Top 3 PET bottled water manufacturers join hands for this..

Under the terms of the four-year agreement, the Consortium partners’ ambition is to bring Carbios’ PET-enhanced recycling technology to the market and increase the availability of high-quality recycled plastics to fulfill their sustainability commitments. The collaboration includes technical milestones and support for the efficient supply of consumer-grade, 100% recycled PET plastics for global markets.

SELECT“World’s Top 3 PET bottled water manufacturers join hands for this..”

Global MNCs also trapped in India’s Infrastructure Leasing & Financial Services bond squeeze

What should be worrying for these MNCs and their employees is that they fall in the category of unsecured creditors and their money is not at all safe due to the level of toxicity. Bata India employees statutory PF, Glaxo India, Otis Elevator, Sumitomo Indian Staff PF, McCann Erickson India EPF, Lufthansa German Airlines employees local PF, Philips Electronics India, BASF, Novartis, Pernod Ricard, Bechtel India, JP Morgan, Nestle, shockingly Canadian High Commission India Staff, British Airways pls staff, Texas Instruments India, Volvo India, Cisco Systems India, Sanofi India, Sapient Consulting, BBC Worldwide India, McKinsey Knowledge Centre and Shell India. American Embassy School PF, Barclays Bank Plc India, American Express India, Societe Generale EPF, British Airways has many entries ranging from Staff Pension Fund to Cabin Crew Pension Fund, ditto for Philips, Alcatel Lucent, Mercedes Benz R&D India, Procter & Gamble Executive Pension Plan, Adobe Systems, HP Globalsoft, Schlumberger, CapGemini, Cadbury India, Goodricke Group, Gillette, et al. This list compiled by MCA is as recent as December 31, 2018.

SELECT“Global MNCs also trapped in India’s Infrastructure Leasing & Financial Services bond squeeze”

Business of Intelligence: Insights from Data Policy of x——x

Although we all know websites, particularly those which offer free utility services like email in general use our data to finance their business. However, consumption websites/ portals and platforms use something called data colonization to finance, operate and earn profits. Here I take an example of the data policy from one such website.

SELECT“Business of Intelligence: Insights from Data Policy of x——x”

For China, The goal is to rapidly transition out of low-tech manufacturing.

China is not innovative at all, but instead is a master at making millions of infinitesimal improvements on intellectual property. One-fifth of housing in China is empty due to failed development projects and that money was poured into production in sectors without adequate demand. Chinese solar industry which ballooned with state funding, flooded the global market with cheap products, killed off competitors, and then largely collapsed when China cut subsidies.

SELECT“For China, The goal is to rapidly transition out of low-tech manufacturing.”

Reducing Bank’s lending risks will benefit which segments of Indian society?

Indian credit bureaus are waiting for the final draft of the personal data protection law to understand whether they can use alternative data for generating scores, helping assess the creditworthiness of potential borrowers lacking loan records. Alternative data for credit bureaus are data sets acquired from sources outside the core banking systems, such as those from telecom companies, payment firms, and government databases. These could supplement existing core bank data with bureaus in the analysis of transaction behavior patterns of customers.

SELECT“Reducing Bank’s lending risks will benefit which segments of Indian society?”