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Bye bye, brand name
Self-deprecating humour isn’t something one sees too much of in this country (where making fun of others is held a nobler pursuit than laughing at one’s own foibles), so I’m always pleased to read Saad Akhtar’s webcomic Fly, You Fools! (People are Mindless Cattle), a good-natured, witty take on some of the things we read about in the newspapers every day. It isn’t brilliantly written or drawn (in fact, it mostly uses photos and mixed media rather than fresh illustrations) but it’s goofy and perceptive, casting fresh light on (among other things) security checks at mall entrances (http://tinyurl.com/5s25pe), rich kids mowing down pavement-dwellers in their Mercs (http://tinyurl.com/mhpwep), and loud honking at traffic signals as a substitute for sexual inadequacy (http://tinyurl.com/kl7knc).

ITC open to idea of demerging critical biz verticals
Cigarette to hotel major ITC today said it is open to demerger of its business verticals into separate entities if needed as they grow in size.

News of the day

'Goldman trades should not get US aid'
Goldman Sachs Group Inc, which took $10 billion in US bailout funds last year, shouldn’t get taxpayer support if the firm focuses on trading over banking, according to former Federal Reserve Chairman Paul Volcker.
Management

Mobile cos add a record 19.10 mn in Dec

The mobile operators together added a whopping 19.10 million new subscribers in December, taking the mobile user base to 525.15 million, according to the data released by the sectoral watchdog Trai. - BSNL seeks early security nod for MNP equipment import - MTNL revives bid to enter overseas markets - BSNL seeks early security nod for MNP equipment import - Videocon to roll out 15 more handsets, eyes 3G phone - BSNL achieves over 20 lakh mobile subscribers - TDSAT says it alone can decide on Star-BSNL dispute In November, total wireless (GSM, CDMA and WLL) subscriber base was 506.04 million. With the 19.10-million new mobile users in December, total telephone subscriber base (wireless and wireline) touched 562.21 million, Trai added. With this record addition, the overall tele-density stood at 47.89 (telephones per 100 people) at the end of December. Tata Teleservices was the biggest grosser in the wireless space in December by adding a hefty 3.33 million new subscribers, while the market leader Bharti Airtel came second with 2.85 million new user additions, Reliance Communications added 2.81 million, and Vodafone added 2.8 million users in the reporting month. Idea Cellular added 1.71 million users, while Aircel added 1.67 million users in the month, and the state-run telcos BSNL and MTNL added 2.08 million and 0.06 million users, respectively in the month. However, the wireline segment continued to fall, with the subscriber base shrinking to 37.06 million in December from 37.16 million in the previous month. BSNL and MTNL, which hold 85.22 per cent of the wireline market, lost 0.12 million subscribers in December, the regulator said. Meanwhile, the broadband subscriber base touched 7.83 million in December from 7.57 million in the previous month.


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