Aug 3, 2018 - Here's How OnePlus Came From Behind To Beat Samsung And Apple To Become India's Largest Phone Maker

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TradeBriefs Editorial From the Editor's Desk

GE's Fall Has Been Accelerated by Two Problems. Most Other Big Companies Face Them, Too. - HBR
The General Electric story, of a long-proud initial member of the Dow Jones Industrial Average falling out of that index -- and appearing to be in competitive free fall -- provides a powerful illustration of two effects we see throughout today's corporate world: clueless, but deep-pocketed, activist investors and mergers and acquisitions folks masquerading as strategists.
GE's fall accelerated on October 25, 2015, with activist hedge fund Trian announcing a $2.5 billion equity investment in GE stock, one that made it a top 10 shareholder. GE stock was trading at $25.47 at the time of announcement, with a dividend of $0.92 per share. Trian announced that with its help, GE could look forward to a stock price in the $40-$50 range by 2017, and threatened a proxy battle unless GE put Trian cofounder Ed Garten on the board. In June 2017 longtime CEO Jeff Immelt resigned under unrelenting Trian and shareholder pressure, and John Flannery took over as CEO. Four months later Garten joined the board.

Continued here

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DoT limits subscriber enrolment during network test to 5%; trial phase to 180 days

The telecom operator will need to submit details of network capacity to the DoT and TRAI at least 15 days before commencing enrolment of test subscribers.



Today's TradeBriefs Cartoon

Vodafone Idea to award new network contracts to Nokia, Ericsson, Huawei in a week; ZTE may lose biz

Vodafone Idea has been running requests for proposals (RFPs) for its pan-India network and negotiating new contracts for some time.

Telcos may take Rs 6000 crore knock on import duty hike

Experts believe telecom gear would become more expensive, hurting the financial health of the industry.

Airtel Announces 100 GB Bonus Data, Benefits Up To 4500 Rupees For Select Customers

On infinity postpaid recharge plan of Rs 499 and above, the customer will also get three months Netflix subscription gift worth Rs 1500.

New age takeover: Debit card PoS transactions of Airtel, Paytm, Fino Payments banks beat those of mid-sized PSBs!

In August, the three payments banks the first to begin operations recorded a combined 2.15 million debit card transactions.

Chinese player GOME enters Indian smartphone market with C7 and C7 Note – check price and features of the new ...

GOME and Agaston have announced their C Series smartphones here, offering a unique privacy feature for consumers and will further strengthen the former’s Indian presence by bringing a range of devices across the mid-premium segment.

No internet shutdown in India: Cyber Security official

This has been necessitated to counter the rising incidents of cyber attacks, Russia Today cited ICANN as saying. However, ICANN later clarified that t..

Two US senators urge India to soften data localisation stance: letter

In a letter to Modi dated Friday and seen by Reuters, U.S. Senators John Cornyn and Mark Warner - co-chairmen of the Senate's India caucus - urged Ind..

India loves 4G: Smartphone-addicted users consumed 88.66 lakh TBs data in April-June period

With operators increasingly adopting 4G and VoLTE services, subscribers are experiencing faster data speeds, which, in turn, is fuelling videos and music consumption, translating into higher data usage.

Here's why Indian smartphone users experience poor video streaming

A new study by OpenSignal states that despite 4G availability, users face poor video streaming experience due to many other factors.

Calcutta High Court asks Vodafone to deposit Rs 2.5 crore over copyright issue

In an interim order, Justice Soumen Sen directed Vodafone and the IPRS to file affidavits with regard to their stands on the issue.

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