In the first months of 2020, streaming giant Netflix began dominating yet another realm of content: unscripted original programming. Love Is Blind, a reality show on which contestants dated and got engaged without ever meeting each other face-to-face, spawned a fervent subculture of viewers online; docuseries Cheer propelled a tiny junior college’s cheerleading squad to national fame; and social media competition The Circle revealed the ways people connect and deceive each other on the internet. All three shows were created under Brandon Riegg, who founded Netflix’s unscripted originals and acquisitions division in 2016. “Because we had no precedent of what worked and what didn’t [at Netflix], we felt emboldened to take risks,” says Riegg, who allowed his producers to try new show concepts, adjust episode run times, and even control the release schedules of shows. Riegg was also the force behind the successful, heartfelt reboot of Queer Eye and Tidying Up … [Read more...] about He green-lighted Netflix hits “Love is Blind,” “Queer Eye,” and “Cheer.” Here’s how he picks reality TV concepts.
But take a look at the mother of all cyclical sectors -- banking. Practically every research note and analyst has been worried about the fragility of the Indian banking system and we had a reminder of that this week from the RBI’s Financial Stability Report. A welcome surprise though was the lower moratorium levels in banks, particularly in a small finance bank. Of course, even for the larger banks, the real picture will emerge only after the end of the moratorium period in August. Kotak Bank has not extended the moratorium to borrowers whose long-term repayment capability is severely impaired -- instead, it has prudently recognised those accounts as non-performing. For some banks, such as IndusInd, their increased provision cover is comforting. This applies to HDFC too, which thankfully has a very healthy balance sheet in a troubled sector. And since we’re talking about the financial sector, here’s what bankers think about the prospects of the economic recovery. … [Read more...] about Moneycontrol Pro Weekender | A worm’s eye view
"The company has completed all the necessary formalities for acquiring the land by signing and executing a lease cum sale agreement for 2,643.25 acres of land on December 26, 2018 and the project is currently under review," said the world's largest steelmaker in its recently released 2018 annual report. … [Read more...] about ArcelorMittal makes progress on Karnataka project, but all eyes now on Essar Steel
The communist Chinese regime has been known to use consumer and enterprise technology companies for espionage. As a friend, China and their tech firms got the benefit of doubt so far. Now that China has shown its hand openly by attempting to seize Indian territory, the government is clear that it wants a Chinese-tech-mukt-Bharat.What message is the government sending with this ban?That India will safeguard its digital security and hit China where it hurts—in the pocketbook. Chinese apps, which are worth hundreds of billions of dollars, have been counting on India as a lucrative market. No longer. Money talks.Under which law did the government announce this ban?The Ministry of Information Technology has invoked its power under Section 69A of the Information Technology Act read with the relevant provisions of the Information Technology (Procedure and Safeguards for Blocking of Access of Information by Public) Rules 2009.Is it only TikTok being banned?This ban is not limited to … [Read more...] about Why has the clock run out on TikTok and 58 other Chinese apps in India?
With these measures, the company is targeting nearly 10 percent of its topline to be contributed by exports. "Barring the large one-time export order we bagged last year, which contributed to nearly 10-12 percent of the topline, the contribution of exports has been around 3 percent. We are hoping to take it to nearly 10 percent in the next 3-5 years," Tongia added. … [Read more...] about Polycab India eyes international markets amid anti-China sentiments