Could this new band of news media owners shape a technology-led business model that will be profitable and protect the integrity of impartial, ideology-free journalism? Ultimately, according to Wharton experts, the ball will rest with the consumer.
He starts the book by dissecting the classic tale of David and Goliath, challenging our beliefs about what the story tells us regarding underdogs and giants, and ultimately, our fundamental assumptions about power.
This confusion over new media is not a recent phenomenon.
I hope [the deal] spurs many more entrepreneurs to start companies with unique and differentiated models that solve real problems of real India.
Lanier’s concern, at its simplest, is that that we are building a digital future in which a small number of companies and individuals garner great wealth, while the economy as a whole starts to shrink, taking with it jobs, the middle classes and what he terms “economic dignity.”
“Imparting skills goes a long way in formalizing the labor economy. It leads to a change in the workers’ demographic profile and helps them settle into a long-term occupation, thus reducing frictional unemployment,”
India has experienced a steady rise in funding sources for nascent companies.
“It is very early days to tell whether these acquisitions are a success or not,”
Indian business books about Indian businesses typically describe idiosyncratic conditions that apply only to India, which is not very useful as learning material for conducting business in developed economies.
Chidambaram has ushered in a new wave of reforms and some of the anti-FDI moves of his predecessor — and now president Pranab Mukherjee — have been watered down.
The primary health care sector in India is around $39 billion in size but is highly fragmented.
Half a century ago, there was only one answer to the question of India’s growing population. In a 1967 book titled Famine 1975!:
The consumer insights that come from analytics give a competitive advantage to firms that use them strategically.
"Brain drain is a European phenomenon. It’s an Indian phenomenon. It’s a Chinese phenomenon. It’s not an American thing. We don’t have brain drain in America."
India Inc. eyes targets abroad.
Whatever the definition of affordable housing, no one disputes that there is a huge shortage in this segment. A report by global property management firm Jones Lang LaSalle (JLL) points out that according to MHUPA, the shortage of urban housing in India at the end of the 10th Five-Year Plan (2002-2007) was around 27.1 million dwellings to serve 66.3 million households.
Using innovative, low-cost solutions to provide safe drinking water in India.
“Indians are a lazy bunch,” laughs Goyal. “So we wanted to create something very close to their physical world. While menupages.com has menus in [a] standardized format, we scanned the actual menu cards and then put them up.”
India's base of unique Internet users has grown rapidly, reaching 120 million and expected to expand to more than 350 million by 2015. India’s unique mobile subscriber base is 600 million.
“When we launched Smartclass in 2004 as the first-ever digital classroom program, it was an uphill task convincing schools to adopt it. These schools had not witnessed any change in a century.... It is a completely different scenario now. Private schools across India today see (technology) as an imperative. A digital classroom is set to become the bare-minimum teaching accessory in schools, just like a blackboard is today.”