News Burger of the Day – Your Daily Prep Diet – Jan 2nd
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If you follow these articles regularly, they will help you build a broader perspective of the current Indian and global business scenario. Also, moving away a bit from regular news, we will try to bring forth informative articles that will guide your preparation for interviews.
It has been quite some time now since the government under the leadership of Mr. Modi has launched Make in india campaign. However, no major progress has been observed till date. NITI Aayog, government’s premiere think tank, will soon come out with an electronics product policy that would focus on ways and incentives to manufacturers to produce in India. This would also help significantly reduce India’s electronic imports from China.
In one of the recent mandates by TRAI, the regulator has asked telecom companies to compesate subscribers for each call that gets disconnected due to fault at their end. The potential impact of this decision is close to 3% of revenue and 7-8% of EBITDA on mobile operators annually. The decision to pay is still on hold after telecom carriers filed a case in the Delhi High Court. Though the court order has been interpreted favorably by telecom carriers, TRAI’s final decision to force telecom operators to pay or to not pay customers is still not clear.