3. Indians, Chinese to be 45% of
world's middle class by 2030
• By 2030, citizens from China and India will have a
combined share of 44 per cent of the global middle class
• Of the total 44 per cent, China will account for the
majority at 38 per cent, while the remaining six per cent
will be Indians
• Global middle class will produce a large group of people
in the developing world who can afford high standards of
living
4. Retail investors lost $15 bn
opportunity: Reliance Capital
• Retail investors could have gained over $15 billion by
investing just 5 percent of their savings in Indian capital
markets
• Conviction in our own economy is lacking.That is
preventing people from investing in the capital markets
market
• Retail investors failed to derive benefits from the rally
because of their conservative investment approach
• This month that Reliance Capital will offer specialised
financial services for infrastructure projects
5. BMW to launch bikes in India by
Dec; price Rs 18 lakh onwards
• BMW Motorrad starts its sales activities in the Indian
motorcycle market
• initially sell its products at three outlets in Delhi,
Mumbai and Bangalore
• imported into the country by two dealers, Deutsche
Motoren and Navnit Motors
• BMW will produce these bikes at its Berlin facility
and they will be imported to India as completely
built units
6. Bharti hires IBM, Tech Mahindra
for Africa customer care services
• Bharti Airtel selected IBM,Tech Mahindra and Spanco
for providing customer care services in the 16 African
countries
• Bharti Airtel owns and operates the "Zain" brand in 16
countries across Africa
• 4,000 people have been engaged by Bharti Airtel for
customer service operations in Africa
• Bharti selected IBM to build and manage IT systems to
power its mobile communications network across 16
African countries
7. Mobile number portability to
begin from November 1: Raja
• MNP service that allows subscribers to change operators
but retain the mobile number will be available from
November
• First phase rollout in 11 circles in north and west India
from third week of November
• Earlier Foreign Investment Promotion Board’s rejection
of MNP InterconnectionTelecom Solutions, the second
company chosen by DoT, has added to the delay
8. BSNL offers free SIM with landline
connection
• BSNL today announced a free mobile SIM with
its wired connection
• This scheme named 'Pyari Jodi' will be rolled out
in Mumbai and then to rest of Maharashtra and
Goa
• All calls from this free SIM to the landline on
which it is offered will be free
