Monday, March 1, 2021

March 1, 2021 - China Appears to Warn India: Push Too Hard and the Lights Could Go Out

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TradeBriefs Editorial

From the Editor's Desk

Who Created Maslow's Iconic Pyramid?

A new paper investigates the real origins of Maslow's pyramid.

Abraham Maslow's iconic pyramid of needs is one of the most famous images in the history of management studies. At the base of the pyramid are physiological needs, and at the top is self-actualization, the full realization of one's unique potential. Along the way are the needs for safety, belonging, love, and esteem.

However, many people may not realize that during the last few years of his life Maslow believed self-transcendence, not self-actualization, was the pinnacle of human needs. What's more, it's difficult to find any evidence that he ever actually represented his theory as a pyramid. On the contrary, it's clear from his writings that he did not view his hierarchy of needs like a video game-- as though you reach one level and then unlock the next level, never again returning to the "lower" levels. He made it quite clear that we are always going back and forth in the hierarchy, and we can target multiple needs at the same time.

If Maslow never built his iconic pyramid, who did?

Continued here


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Top Story
China Appears to Warn India: Push Too Hard and the Lights Could Go Out

As border skirmishing increased last year, malware began to flow into the Indian electric grid, a new study shows, and a blackout hit Mumbai. It now looks like a warning.

Editor's Note: Early last summer, Chinese and Indian troops clashed in a surprise border battle in the remote Galwan Valley, bashing each other to death with rocks and clubs. Four months later and more than 1,500 miles away in Mumbai, India, trains shut down and the stock market closed as the power went out in a city of 20 million people. Now, a new study lends weight to the idea that those two events may well have been connected - as part of a broad Chinese cybercampaign against India's power grid, timed to send a message that if India pressed its claims too hard, the lights could go out across the country.


Top Story
Vulgar CEO pay under fire amid demand to raise minimum wage; Pichai, Nadella in spotlight

US News: WASHINGTON: Their purported role in bumping up revenues, generating employment, and increasing shareholder value be damned.

Editor's Note: Heading the hitlist is Google's parent company Alphabet CEO Sundar Pichai, whose $281 million compensation put him on top of the "100 Most Overpaid CEOs" study released by the nonprofit group As You Sow on Thursday. Also on the list, which includes executives from Discovery, Walt Disney, Intel, and General Electric, is Microsoft's Satya Nadella, who ranks #24 with compensation of $42 million.


Top Story

Editor's Note: Omer Ismail, the head of Goldman's consumer bank, is making a surprise exit to the fintech, according to people with knowledge of the matter.


Digital
MIT's Digital Currency Initiative Raises $4M for Effort to 'Harden' Bitcoin

Prominent backers include CoinShares' Meltem Demirors, Twitter's Jack Dorsey and MicroStrategy's Michael Saylor.

Digital
India's Reliance partners with Google, Facebook for digital payment network bid: Report

A spokesperson for Infibeam declined comment on the report, saying the company was bound by the confidentiality of process, while Reliance, Google and Facebook did not immediately respond to a request for comment.



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Digital
Bitcoin uses more electricity than Argentina, Norway, study finds
Now that bitcoin has reached its mining limit, average computers can no longer easily mine the cryptocurrency, leaving people to rely on intensive power sources to access it. As a result, bitcoin miners are always searching for abundant electricity sources at the lowest possible price.

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Franchise
COVID-19 Vaccine diplomacy: The world has to hand it to India when it comes to the Pharmaceutical Sector!

India Pharmaceutical Industries can seek to make a Pharmaceutical hub (warehouse) in Guatemala or El Salvador.






Franchise
The good, bad and ugly truth: When ads become memes

As brands go all out with their campaigns on all mediums possible, an overload of ads – good or bad -- often makes them a part of our daily conversations or even trending memes on social media. Brand Equity looks into its process and impact...

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HR
Not everyone is ready to go back to office: Randstad India CEO

Companies are moving towards a hybrid way of working that changes the very purpose of the office, Paul Dupuis, MD & CEO of staffing company Randstad India told Mint

HR
If you want to work from home, these are some of the hottest freelancing jobs in high demand

India is the second-fastest growing market for freelancers after the U.S as it witnessed 46% increase in new freelancers from Q1 to Q2 in 2020, says a report

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Logistics
Indian Govt likely to sign deals worth ₹12,000 crore for rail infra, port development at MIS 2021: Report
The Ministry of Ports, Shipping and Waterways is expected to sign memorandums of understanding to the tune of ₹12,000 crore with various companies at the second Maritime India Summit (MIS) 2021, which is scheduled to take place from March 2 to March 4. The deals will likely be signed between the government and Coal India ...

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It's a plane; it's a drone; it's got the best of both

The IIT-incubated ePlane Company tries to hit the sweet spot between floating like a drone and flying like a plane.The startup aims to keep the cost of the e-plane below ₹1 cr, which would make it similar in price to a premium Range Rover

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Can Air India pay a month's salary to terminated contractual pilots: HC asks national carrier

The court was hearing two pleas moved by the pilots, through advocate Lalit Bhardwaj, for quashing an April 2, 2020 order suspending their services and the subsequent order of August 7, 2020 by which they were all terminated.

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Construction
NHAI builds 25.54-km lane in 18 hours, to enter Limca Book of Records

Gadkari said 'the construction will be recorded in the Limca Book of Records'.The Solapur-Vijapur highway will be completed by October 2021, the minister added



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Construction
DHFL's Rs 7,500 crore funds stuck in 8 big Mum realty projects

Eight Mumbai-based realty firms owe over Rs 7,500 crore to Dewan Housing Finance Ltd, the beleaguered housing finance company taken over by the Pirama

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Marketing
Levi's ad featuring Deepika Padukone goes viral, garners 4.5 mn views in a day

Ad features a band of women who break stereotypes while following their passions in life.The women are seen grooving to the 1980's classic 'Koi Yahan Nache Nache' from the movie 'Disco Dancer'

Marketing
KLUB: Flexible growth capital for brands

Klub is a a fintech platform that provides growth financing to new-age, niche consumer brands through a unique revenue-sharing model



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Politics
"Appeal To Those Who Are Eligible To Take Vaccine": PM Gets First Dose

Prime Minister Narendra Modi took the Covid shot this morning at Delhi's AIIMS hospital, becoming the first beneficiary in the second phase of the nationwide vaccination against the coronavirus.

Politics
India's Vaccine Net Widens Today, Hopes To Outpace Covid Spike: 10 Points
India's Vaccine Net Widens Today, Hopes To Outpace Covid Spike: 10 Points
India expands its coronavirus vaccination programme today to cover people over 60 and those over 45 who have illnesses as it hopes to rein in a growing number of more infectious virus strains and a spurt in cases in some states. Registrations opened at 9 am at www.cowin.gov.in and the Aarogya Setu app and there will be walk-in vaccinations in some places as well. India began its vaccination drive on January 16 intending to inoculate 3 crore frontline workers but has struggled with hesitancy, giving out some 1.43 crore shots so far.

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Sports
India's Vinesh Phogat enters 53kg final of Ukraine wrestling event
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Vinesh will play world No.7 and 2017 world champion Vanesa Kaladzinskaya of Belarus on Sunday.



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Sports
Harsha Bhogle thanks PM Modi for encouraging sports commentary; urges youngsters to join
Harsha Bhogle thanks PM Modi for encouraging sports commentary; urges youngsters to join
Earlier, PM Modi drew the attention of the listeners to a unique cricket commentary from the pitches of UP, where the tournament was being hosted in Sanskrit.

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Entertainment
Golden Globe Awards 2021 Winners: The Complete List
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Schitt's Creek, The Crown and Nomadland were just some of the many big winners at the 2021 Golden Globe Awards. Keep scrolling for the complete list.

Entertainment
Tina Fey and Amy Poehler Call the Golden Globe Nominees "Flashy Garbage" in No-Holds-Barred Monologue
Tina Fey and Amy Poehler Call the Golden Globe Nominees
Tina Fey and Amy Poehler kick off the 2021 Golden Globes with an honest discussion about the Hollywood Foreign Press Association's lack of diversity.

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Work

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A candid Kavin Mittal admits his mistakes as he reinvents Hike and plans fresh fundraising this year
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Kavin Mittal talks about launch of Hike's two new products – Vibe, an exclusive social platform and Rush, a gaming platform⁠.Hike made headlines in the beginning

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Life
India's sudden peace push with nuclear rivals China, Pakistan shows Biden impact
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Life
Who was Gangubai Kathiawadi, the queen of Mumbai's red-light district?
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"Her political connections apparently also won her an appointment with the then prime minister of India, Jawaharlal Nehru, at his residence in New Delhi."

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Retail
Study suggests two models to dissect Covid-19 transmissions at retail stores: Report
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It emphasises customer movement in a retail store and dissects disease transmission into 2 models — direct exposure and wake exposure with two interventions

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Retail
Funding Galore: From Innovaccer To Zomato — $440 Mn Raised By Indian Startups [February 22 -27]
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Retail
IKEA to increase sourcing of toys from India
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IKEA said it is exploring opportunities to partner with several players in the toy segment.

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Telecom
Telco industry bid adieu to growth for 5 years, as Jio moved to top spot

Revenues of all other telecom operators have declined 38%, not mention the massive cash burn of those who have survived thus far.In the December 2020 quarter, Jio alone reported monthly data traffic of around 500 crore GB/month on its wireless network

Telecom
Govt sets 50 lakh users threshold to define 'significant social media intermediary' under IT rules

The move aims to make social media platforms like Facebook, WhatsApp, Twitter and Instagram - which have seen a phenomenal surge in usage over the pas..

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Finance
There are 2 kinds of people in the stock market right now: People who are in on the joke and people who aren't

Wall Street has gone into hype beast mode selling SPACs, crypto, and the power of retail trading. This is because, during bubbles, selling nonsense is a big

Finance
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Finance
Until India starts celebrating its entrepreneurs, it will never become an advanced economy

Selectively targeting Adani and Ambani is neither helping the Opposition politically nor benefitting the country economically.

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Food/FMCG
Why are FMCG majors chasing growth in rural India?

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Food/FMCG
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Global food prices are at the highest in more than 6 years, driven by a jump in the cost of everything because of demand from China, vulnerable supply chains and adverse weather.

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Software
How new IT rules will change the internet in India

The Indian government has taken its first big step towards regulating big tech platforms. The government's new Intermediary Guidelines for the Information Technology Act (IT Act) place certain restrictions on platforms and how they function in India. Mint explains.

Software
Similar to Elon Musk's SpaceX, founders of Devas plan to power 5G using satellite tech

Omnispace plans to put in place a smaller constellation of around 200 satellites — 15 in middle earth orbit and others in low earth orbit — to provide 5G services.

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Ecommerce
Vocal for local: KVICs e-commerce portal crosses Rs 1 cr sales; delivers over 1 lakh products

Ease of Doing Business for MSMEs: The average online purchase value during the eight-month period was Rs 11,000 per customer while the highest individual sale was worth Rs 1.25 lakh.

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