Stinging onions likely to spoil Rajan's launch party
> Inflation accelerated to a six month record high, as food became costlier & onions prices increased fourfold, thus dampening hopes of a rate cut by new RBI governor R.Rajan in his first monetary policy.
High on Modi, BJP set to contest on more than 450 seats in upcoming elections. This is their highest in recent years & other seats will go to two pre-poll allies in Shiv Sena & Akali Dal.
UFDA (US Food & Drug Administration) has issued an import alert on drugs produced by Ranbaxy's Mohali plant in Punjab, for violation of current good manufacturing practices.
Chasing dollars, India govt. wants glits to bonds with the best on global indices.
> India may adopt a model followed by Brasil to ensure the inclusion of govt securities in popular global bond indices, a step that could attract additional portfolio investments up to $40 billion every year
> Once the investments by portfolio investors hits 80% of the quota, the annual ceiling on investments in sovereign debt or the FII Cap (currently capped at $30 billion) will automatically increase by a third.
Govt. to incubate & fund electronics start-ups
The Indian govt is now planning to fund & incubate technology start-ups that specialise in electronics as it seeks to encourage local manufacturing and to limit import of electronic merchandise ( India's second biggest foreign exchange drainer after oil ).
Govt to fund Textile StartUps
In a move that aims to replicate the success of India's IT entrepreneurs, the govt is planning to fund and provide workspace to startups in labour intensive sectors. The idea is to give a boost to manufacturing and ensure steady supply of skilled workforce in sectors that have huge export potentials.
Why IITs fared so badly in World University Rankings
> Days after the IITs failed to make it to the top 200 in the prestigious QS rankings, top IIT officials have admitted that they were complacent and didn't take the rankings seriously. Now the govt is urging to be more pro-active.
> TV Mohandas Pai (Chairman of Manipal global education & former Infosys board member) has said that IITs are being arrogant to participate and give data. They need to market themselves across the world for INDIA.
> Last week, HRD ministry allowed foreign universities to setup campuses in india, it ruled that only top 400 universities in the QS will do.
7 levers marketers are Pulling in this Slow down.
> Find new niches
> Get out of the Offices
> Engage more with Sellers
> Make a Rural Push
> Entice with Price
> Keep innovating
> Keep thinking for Long Term
Why Google will be the Facebook of the future?
> Electric cars will be driven by Google software within a few years. Yes, google's autodriven cars have already driven half a million miles on California roads, without any accidents.
> Google fiber : over 1000 gbps internet connections at home.
> Google's wifi balloons :Google Loon
Wifi connectivity in any parts of the world (mountains, sea etc)
> A probable 3D successor to Google Glass, that will replace our laptops, ipads etc.
> Google already reads my emails before i do. Knows what i think, what i search for.
> Facebook is a classic example of what not to do, when you achieve success.
> Now that Facebook is a public company, its under intense pressure to justify its inflated stock price. It will try to squeeze more revenue out of its customers. That will mean more ads, more privacy intrusions, sponsored posts etc. but Facebook is going the AOL or MySpace way.
> Facebook is still the Social Network that a kid built in the dormroom of Harvard.
> Fb will for sure buy more hot products like instagram/foursquare, but it wont develop any earth shattering products.
> In terms of CSR, also google is way ahead of Fb.
> Google has immense goodwill even if it intrudes privacy. Its google foundation is doing alot to the society.
4 reasons Rajan will find it difficult to cut rates
> Wholesale inflation at 6 month high
Rajan, an inflation hawk, would want to wait for a while.
> Consumer price inflation is still near double digit. Rates need to be high to give consumers a real rate of return so they stay away from gold.
> Rupee could start depreciating again, if uncertainty rises. A reduction in interest rates could increase volatility.
> US Bonds yields have spiked. There could be outflow from debt if India cut rates.
Swedish retail giant IKEA has unleashed its legal machinery on over two dozen small businessmen in India who sell/service products under IKEA/IKAYA/AIKYA or any similar names, including some HR consultancies, spas etc.
Marketing Cos fear that Gmail's new tweak, that has separate tabs for normal emails, promotions, social networks etc. will hit their business as users will show lesser interests towards looking into those extra tabs.
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