10 things to know this week – Sep 09, 2016

Here are the ten interesting things to know this week, ended Sep 09, 2016.

India:
1) Is telecom still a monopoly?
Once an inherently monopolistic industry, telecom is now a brutally competitive network market. Read more: [Live Mint]

2) India’s richest man offers free 4G to one billion people
India’s richest man is rolling out a $20 billion mobile network that could bring lightning-fast Internet to hundreds of millions of people. Read more: [CNN Money]

3) Piramal Fund to invest Rs2,320 crore in Lodha’s World Towers Mumbai
The investment is perhaps the single largest debt-financing deal in Indian real estate; funds to be used to provide an exit to HDFC Property Fund as well. Read more: [Live Mint]

4) High pizza cost tricky? Analysts like Jubilant Food post poor Q1
Brokerage firms like JP Morgan, Credit Suisse and Morgan Stanley are overweight on the Domino’s Pizza maker hoping for a positive growth in Q2. Read more: [Money Control]

5) L&T Technology IPO: Here’s what you should know
L&T Technology Services, the engineering and research and development (ER&D) arm of engineering major L&T, is set to hit the market with an IPO on September 12. Read more: [Economic Times]

6) Top fund managers are on the hunt for good ideas
A sharp upswing in markets over a short period of time poses a challenge to fund managers as they have to discover new investment themes and ideas. Read more: [Economic Times]

Global:
7) Donald Trump: Fed has created a ‘false economy’
“They’re keeping rates down because they don’t want everything else to go down,” Donald Trump told Reuters on Monday. Read more: [CNN Money]

8) If you missed our interview with Vladimir Putin, here are the key takeaways
The almost two-hour conversation delved into subjects ranging from the U.S. presidential election to the Syrian civil war, oil prices and state asset sales. Read more: [Bloomberg]

9) Jeff Bezos rules the world — Amazon at all-time high
Amazon now has its own planes, several hit TV shows, a massive cloud computing business, it still sells books, toys, and tons of household items online. Read more: [CNN Money]

10) The teacher who was an RBI governor
The world of ideas chiselled with rigorous thinking remains the main job for Raghuram Rajan and policy work an outgrowth of the same. Read more: [Live Mint]

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