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While low tariffs drove industry revenues down, they also helped Jio’s market share gains, as its tariffs have always been lower than competitors (Mint)
While low tariffs drove industry revenues down, they also helped Jio’s market share gains, as its tariffs have always been lower than competitors (Mint)

Telco industry bid adieu to growth for 5 years, as Jio moved to top spot

  • Revenues of all other telecom operators have declined 38%, not mention the massive cash burn of those who have survived thus far
  • In the December 2020 quarter, Jio alone reported monthly data traffic of around 500 crore GB/month on its wireless network

Photo: Mint
Photo: Mint

We should not forget the equity dimension of PSU privatization

For privatization to be successful, widely accepted and in the public interest, stakeholder mapping should be vastly expanded to cover all sections of society that will be affected by the reforms

From The Wall Street Journal
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Women gather at a village fair in Morigaon district of Assam. The microfinance saga in the state has become inextricably linked with women borrowers (Getty)
Women gather at a village fair in Morigaon district of Assam. The microfinance saga in the state has become inextricably linked with women borrowers (Getty)

Assam shakes up the micro loans universe

  • An attempt to rein in MFIs in the state on the eve of elections could finally force RBI to change the rules
  • Experts have pointed out that people in northeastern states are more consumerist, happy to take loans when it is easily available to spend on conspicuous consumption.

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Paul Dupuis, MD & CEO, Randstad India (Mint)
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Small banks can offer loans at rates that larger peers aren’t able to match.
Given the push towards electrification globally, the late adoption of EV technologies at SMC and Maruti Suzuki comes as a bit of a disappointment. (Photo: Mint)

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