Industry News

15 Novemeber 2012

What Investors [Really] Want | Entrepreneur

People make tons of assumptions every day, often without even knowing it. We might get away with it for years too – when behaving in a certain way has always worked for us, we assume it’ll carry on working in all circumstances. But then one day something happens that makes us revisit what we know: A cultural custom that differs from your own frowns upon rushing into business discussions without a polite preamble.

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15 November 2012

Indian Telecom Subscriber Base Dropped To 937.7 Million By September 30: Despite, The Month Was Lucrative In Terms Of Active Subscriber | DazeInfo

India is the world’s second largest country in terms of mobile subscriber base, despite of this, its telecom subscriber figure is declining month-over-month. According to TRAI’s new report, Indian telecom subscriber base (wireline + wireless) reached to 937.7 million at the end of September 2012, down by 1.87 million compare to the previous month. Number of Wireless and wireline subscriber plunged by 1.74 million and 0.13 million respectively by September 30 compared to the previous month.

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14 November 2012

If You Want to Beat 'Em, Learn From 'Em First | TheWallStreetJournal

Starting a business? Take a hard look at the people who are already there. Researching your rivals is a vital step for entrepreneurs entering a market. Finding out how much revenue they bring in, what they pay their workers and how they deal with their suppliers can show you what you need to do to stay competitive—and what missteps to avoid along the way. Yet too many small companies don't do that homework.

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14 November 2012

No interest in 'poor man's account' | SME South Africa

This is one of the findings of the 2012 FinScope South Africa survey. It has also found that financial inclusion has increased and 67% of South Africans now have a bank account, up from 63% in 2011. This increases to 72% if other formal financial services, such as insurance, are included. The news comes on the back of research done by trade union Solidarity, which shows that almost all South Africa's major banks have dropped the fees on their personal banking products.

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13 November 2012

Startups Find Fertile Ground For Explosive Growth In Latin America | TechCrunch

Mexico 15 years ago may not look very different from today if seen from the right angles. Most Mexicans used a single search engine (the now forgotten AltaVista); Windows was operating in most homes; and we were all excited for Nokia’s latest release: a lighter, smaller phone. Nowadays, the same social echelon owns personal computers, Apple and Google have taken over, and lines that go on for days can be seen outside Apple stores whenever a new product hits the shelves.

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