Pangu Sun, 19 Sep 2021 18:10:20 +0000 en-US hourly 1 Pangu 32 32 Bahraini law firm announces growth with appointment of banking, financial and telecom partners Sun, 19 Sep 2021 09:14:09 +0000

The Bahraini specialist law firm Al Doseri Law is pleased to announce the appointment of two new partners to its firm.

Partner Ronald Langat joins the firm as the new Head of Banking and Financial Practice of Haya Rashed Al Khalifa Law Firm. Ahmed Jaber Al Doseri has been appointed Partner and Head of Technology, Media and Telecommunications (TMT) practice at Al Doseri Law. He has assisted the firm as Of Counsel in the past, and his previous appointments include the Telecommunications Regulatory Authority and the Central IT Organization.

Based in the Kingdom of Bahrain, Al Doseri Law was founded in 2018 by partner Saad Al Doseri. The firm specializes in banking and finance, litigation and dispute resolution, and TMT, and has additional expertise in corporate, commercial, construction and real estate and labor law, as well as insolvency, restructuring and bankruptcy. .

Ronald Langat has exceptional experience advising local and international clients, including conventional and Islamic commercial and investment banks, large corporations, state entities and family offices, in Bahrain and abroad. He has over 12 years of experience in Bahrain and specializes in corporate, banking and financial transactions. He advises international and domestic companies, financial institutions and government agencies on finance and corporate and commercial matters spanning the financial services, oil and gas, private equity and manufacturing sectors. Prior to moving to Bahrain, Ronald previously practiced in the Cayman Islands with Maples and Calder, and before that in London with Ashurst.

Ahmed Al Doseri is a leading TMT expert, with particular expertise in cyber legislation, electronic transactions, telecommunications regulation, cloud computing and data protection. Ahmed has over 25 years of IT and telecommunications experience and has led the development of numerous technical regulations and laws in Bahrain. He is regularly called upon to advise government agencies and regulatory bodies and holds a dual specialization as a systems engineer and as a certified lawyer. Ahmed’s clients include international cloud computing providers, media and publishing platforms, software developers, internet exchanges, cryptocurrency platforms, and licensed telecommunications operators.

Saad Al Doseri is a leading lawyer in the region and responsible for the firm’s arbitration, litigation and dispute resolution practice. Throughout his career, Saad has represented clients from a multitude of verticals and specializations, and forged strong working relationships across the market. He has extensive experience advising clients in a wide range of disputes, including complex investment disputes, commercial, civil, criminal and social matters, and he also has hearings at the Court of Cassation. and the Constitutional Court.

Saad Al Doséri, Founding partner, Litigation and dispute resolution manager

Its clients include corporate and investment banking institutions, family businesses and international companies operating in the Kingdom of Bahrain. Saad Al Doseri is a qualified Sole Mediator and is regularly appointed as arbitrator before the Bahrain Dispute Resolution Chamber, the GCC Commercial Arbitration Center and the ICC. Prior to setting up the company, Saad worked at Haya Rashed Al Khalifa, then joined Al Tamimi & Company in Bahrain and successfully helped set up the company there. Prior to practicing law, Saad Al Doseri served as a captain in the Royal Army of the Kingdom of Bahrain.

Commenting on his appointment, Ronald said: “I am delighted to join Al Doseri Law at this exciting time. Despite the pandemic, we anticipate increased interest and investment in Bahrain and the GCC from international institutions and companies committed to doing business in the region. “

“IT and telecommunications is a rapidly growing industry in Bahrain, and our customers in this industry certainly appreciate having someone who understands their highly technical requirements,” said Ahmed Al Doseri. “I look forward to working with the firm in my new role to develop our offering here. “

Referring to the growth of his business, Saad said: “Organic and thoughtful growth is at the heart of our business strategy. The appointments of Ronald and Ahmed signal to the market our position as a law firm specializing in building a solid future. He continued, “In addition to banking and finance and TMT, dispute resolution is one of the pillars of our company’s offering and Bahrain continues to be the key forum for resolving disputes for national and international companies. “

Al Doseri Law comprises three partners and a team of partners and the firm is based in the diplomatic area of ​​Manama in the Kingdom of Bahrain.

Ronald Langat, Partner, Head of Banking and Finance

Saad Al Doseri is the founding partner of Al Doseri Law. He leads the firm’s litigation and dispute resolution practice and has particular expertise in arbitration and mediation, with in-depth knowledge of local laws. Ronald Langat is a partner and head of banking and finance at Al Doseri Law. Ahmed Jaber Al Doseri is Partner and Head of TMT at Al Doseri Law.

You can find more information about the firm on its website here:

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Parastatals: Lessons from SA, Singapore Sat, 18 Sep 2021 22:00:09 +0000

By Paison Tazvivinga

The poor performance of state-owned enterprises (SOEs) has been perpetual over the past two decades and the burden continues to weigh heavily on taxpayer dollars.

Most, if not all, state-owned enterprises have been marred by sub-optimal operations at all levels.

The comprehensive SOE report for the end of 2018 shows that SOEs generated a combined loss of US $ 150 million on an asset base of around US $ 17 billion.

If one were to apply an expectation of only 2% return on assets, the anticipation would be a profit of US $ 250 million.

Notable issues that have been raised about SOEs include non-compliance with tax obligations such as PAYE, even though it is assumed that these funds are withheld from employees; repeated requests for financial bailouts from the Treasury and debt, which led to requests for guarantees from line ministries and the Treasury.

In our efforts to solve these problems, we must learn from other nations as the saying goes: “No nation is an island in itself”. So we look at the Singaporean and South African experience.

The article adopts the Organization for Economic Co-operation and Development (OECD) definition of state-owned enterprises (SOEs), that is, “state-owned enterprises are companies in which the State exercises significant control, through a significant total, majority or minority stake”, (OECD, 2018).

Singapore’s Temasek model

Temasek is a company incorporated in Singapore and operates in accordance with the provisions of the Singapore Companies Act.

Temasek is neither a statutory council nor a government agency.

Temasek was incorporated under the Singapore Companies Act in 1974 to own and commercially manage investments and assets previously held by the Government of Singapore.

This allowed the Ministry of Finance to focus on its central policy-making and regulatory role, while Temasek would own and manage these investments on a commercial basis.

Temasek follows the centralized model of the OECD.

It is fully owned by the Ministry of Finance and no other government department or agency owns shares in companies invested by Temasek.

It is one of the renowned sovereign wealth funds, described by the Financial Time as “one of the most influential investors in the world”.

When it comes to restructuring state-owned enterprises, the main concern is to retain government control in strategic areas, which is why most proponents of privatization have come up against a brick wall. However, the Temasek model captures this aspect well:

The Singapore government controls key industries / services only through Temasek, including:

Energy: SP Group (the leading utility group in Asia-Pacific, with some of the world’s most reliable and cost-effective transportation, distribution and market support services);

Airline company: Singapore Airlines (often ranked among the best in the world)

Public transport: SMRT (multimodal transport operator in Singapore)

Marine: Sembcorp marine & Keppel Corp (two of the world’s largest manufacturers of jack-up platforms)

Financial: DBS Group (largest bank in Southeast Asia by assets)

Telecommunications: Singapore Telecommunications (SingTel) (leading telecom operator in the region in terms of turnover).

Thus, it is possible for the State to retain control of strategic sectors while allowing these entities to operate on a commercial basis.

Can the Temasek model be duplicated?

The model is based on three guiding principles:

  1. Respect for the law;
  2. Non-tolerance of bad governance, corruption and mismanagement; and
  3. The restraint of politicians on interference in public enterprises.

The question should therefore be: can these three characteristics be reproduced in our context?

Are we ready to promote respect for the law, what is our level of tolerance for corruption and mismanagement and are politicians prepared to refrain from interfering in the management of public enterprises regardless of the temptation?

The South African Select SOE experience.

Alexkor: Diamonds Mining, recorded a loss of R99 million in fiscal year 2019/2020.

Denel: Defense Equipment, recorded a loss of R 1.8 billion in fiscal year 2019/2020.

Eskom: Energy, recorded a loss of R20.5 billion in fiscal year 2019/2020.

SAA: Airline, recorded a loss of R5.5 billion in fiscal year 2019/2020.

Problems that disrupt SA SOEs

The following can be identified as key issues affecting SA SOEs:

The composition of their boards of directors;

their non-commercialization; and

Generalized conflict of interest.

All of these challenges show us the failure of SA public enterprises to meet strict corporate governance standards. It has also been a major problem for Zimbabwe’s SOEs.

What to do for SA SOE

According to (PWC), 2019) the following should be taken into account:

  • The application of good governance must be supported by an understanding of the concept of leadership;
  • Establish measurable performance indicators; and
  • Enforce the responsibility of the board of directors and management for the performance of public enterprises and their compliance with its strategic mandate.

The South African experience teaches us that no matter how financially powerful the state is, SOEs will continue to fail if poorly managed. The problems of South African SOEs can be solved by learning from the Temasek model on how to maintain good standards of corporate governance. Maybe Zimbabwe can borrow a leaf too.

Key points to remember who help explain Temasek’s success

Singapore has a history of good public governance without the intention of exercising excessive political control. This allowed Temasek to:

  • To pursue the long-term interests of shareholders (in this case, the interests of the government since it is the ultimate shareholder); and
  • Align its interests (the interests of the government) with the objectives of corporate governance.

Temasek took a significant number of foreign investments so it became bound not only to national regulations but to foreign rules.

This has been the foundation for Temasek’s premium corporate governance standards as it has to prove its business management capability to governments and foreign investors.

The State is committed to being exemplary in respecting the standards of corporate governance. As Chen (2016) puts it, “One would expect the state to lead by example as it imposes corporate governance rules on private companies, whether through strict laws or voluntary codes ”.

Temasek sends a signal that state entities can be champions of good corporate governance. It also reinforces the idea that SOEs should not be used as custodians of political allies.

Rather, they should be allowed to operate commercially, with the government benefiting from the dividends.

  • Paison Tazvivinga * is a development economist. E-mail:

* These weekly articles are coordinated by Lovemore Kadenge, independent consultant, past president of the Zimbabwe Economics Society and past president of the Institute of Chartered Secretaries and Administrators in Zimbabwe. E-mail: and mobile number +263 772 382 852

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xiaomi: Xiaomi patents earthquake monitoring technology for smartphones: this is how it works Sat, 18 Sep 2021 09:56:00 +0000

Click here for the galleryBeijing, Chinese tech giant Xiaomi has published a patent for “Method and Equipment for Performing Seismic Monitoring of Mobile Devices” with publication number CN113406696A.

The patent describes a system capable of reading / tracking seismic activity from mobile equipment. This technology would be used to detect earthquakes, reports GizmoChina.

The ‘mobile device” transfer the key data obtained for sending to an earthquake treatment center.

The system would also allow the underlying processor to identify and predict seismic events based on multiple readings, the report adds.

Xiaomi earlier patented a foldable smartphone solution to reduce wrinkle in foldable devices.

The company has filed this patent with the CNIPA (China National Intellectual Property Administration).

This patent is entitled “Flexible Screen Support Structure, Flexible Screen Structure and Terminal Equipment”.

According to the documentation, the design includes two support structures for the flexible display panel.

The second structure, which is close to the screen, is deformable. Therefore, when the device is closed, the screen is unlikely to be affected by a larger crease in the long term.


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Xiaomi Mi Smart Band 6 review: small but significant upgrade Sat, 18 Sep 2021 07:30:20 +0000

Xiaomi recently became the world’s largest supplier of wearable bracelets in the second quarter of the year according to Canalys. According to the report, Xiaomi managed to grab the top spot in the April-June quarter thanks to the launch of the Mi Smart Band 6 in the global market. The new fitness band was recently launched in India with a price tag of Rs 3,499.

Read also : OnePlus Band vs Xiaomi Mi Smart Band 5: which is the best low budget fitness tracker?

While Mi Smart Band 5 arrived as a significant update over the Mi Smart Band 4 (review) in terms of features, the Smart Band 6 is just an iterative upgrade in comparison. With the last launch, Xiaomi kept the same formula as the Mi Smart Band 5 but with an improved display, an added SpO2 monitor and additional activity modes. While Mi Smart Band 5 users have very few initiatives to upgrade, Mi Smart Band 6 is a solid option for novice users. I’ve been using the laptop for over a week and here’s what I think.

Design and display

When I first laid eyes on the Mi Smart Band 6, I was a bit disappointed to see the same old design that the brand has been following for the past two generations. It has the standard cup-shaped pill-shaped core in a TPU strap case with a pinhole clasp mechanism. Despite the same design, I’m not complaining because the Mi Smart Band 6 continues to be one of the most comfortable portable devices.

I have worn the Mi Smart Band 6 almost 24/7 for the past two weeks and have never felt the need to adjust or take it off due to discomfort. What I particularly like is that the straps are made from a soft TPU material, which does not bite into your skin or itch when you sweat, which makes Mi Smart Band 6 ideal for a session. training. In addition, the design of the curved bracelet perfectly hugs your wrist.

Bonus points for keeping the same magnetic charger of the Mi Smart Band 5, which does not require users to remove the pill from the strap to charge it. In addition, it supports Mi Smart Band 5 straps.

While the design and dimensions of the new Mi Smart Band 6 might be the same as its previous generation, Xiaomi has raised the bar with the new launch. There is no longer a capacitive button on the screen and instead, the screen of the latest generation fitness tracker has been stretched to 1.56 inches, compared to 1.1 inches on the previous model. During my time with the fitness tracker, I loved interacting with the all-touch AMOLED display. The panel is crisp, crisp, fairly responsive, and shows more content. However, I would have loved to see the automatic brightness adjustment and always-on display on this iteration.

You will find the SpO2 and heart rate sensor on the back of the phone. The two-pin magnetic charging pins are located towards the bottom of the core, while at the top you’ll find the Mi mark. The fitness tracker is 5ATM certified, which means it is waterproof up to 50m in pure water.

Software and Features

As for the software, the Mi Smart Band 6 can connect to any Android or iOS smartphone through the usual Mi Fit or Xiaomi Wear apps. I chose to use the Xiaomi Wear app because of its clean interface. If you have already synced your fitness data with the Mi Fit app from previous Mi Bands, you can import the data to Xiaomi Wear from Mi Fit. I didn’t encounter any issues when pairing the Mi Smart Band 6 with my Xiaomi Mi 10i and the data syncing was quite fast as well.

The app has three tabs namely – Status, Workouts and Profile. The first option displays current data such as workout history, sleep monitor data, heart rate, and more. In the training section, users can activate a specific training mode among the 30 available. The new Xiaomi Mi Smart Band 6 can automatically detect six fitness modes including walking, outdoor running, treadmill, cycling, elliptical and rowing machine. Finally, the profile section lists all connected devices and change settings. From there, you can set a custom SMS to decline calls, turn on app notifications and alerts, set goals and alarms, turn on continuous heart rate monitoring, and control the camera shutter and get up to wake you up, among other things.

Coming to the interface on the device, you can swipe left and right on the screen to switch between widgets. You can set a total of six widgets to be displayed through the Xiaomi wear app with the weather and music control enabled by default. I had weather, music, sleep, stress, heart rate, and SpO2 widgets set on my review unit. Swiping up and down gives you access to the entire suite of apps on the device, like PAI, workouts, settings, etc. In terms of watch faces, Xiaomi offers over 80 watch faces, but most of them are inspired by Chinese cartoons and cartoons. There are also decent generics.

The Xiaomi Mi Smart Band 6 is packed with health and fitness features. The fitness tracker now supports 30 fitness modes including treadmill, freestyle, outdoor running, cycling, walking, swimming, rowing machine, elliptical, indoor cycling, yoga, jump rope, dancing, indoor fitness , gymnastics, HIIT, basic training, pilates, zumba, street dancing and stretching. There are also dedicated sports modes like cricket, bowling, badminton, boxing, basketball, volleyball, table tennis, ice skating, and kickboxing. Additionally, there are features like stress monitoring, sleep tracking, SpO2, women’s health, PAI (personal activity intelligence), and more.

Performance and battery

Since I’m homebound like most of us, I haven’t had the opportunity to test the training modes as extensively as I would have liked. However, no matter what short walk I took around the house, the step counter seemed correct and the automatic workout detection was able to detect when I was walking and when I was starting to run. When it comes to sleep detection, the tracker does a great job of tracking REM, and the sleep data has been carefully presented in the app. However, when I was there at one point over the weekend, I watched a whole season of The press room in one go, lay motionless on my couch and the tracker documented it as a light sleeper. This could be attributed to the fact that I was always lying with my phone on a tripod system and no wrist movement. Other than that, I didn’t encounter any problem.

As for the heart rate monitor and SpO2 tracker, I tested Mi Smart Band 6 alongside the trusted Dr MorePen pulse oximeter. The heart rate and blood oxygen levels shown by the fitness tracker were almost plus-minus five points compared to the oximeter. Considering how critical a five point difference can be when it comes to blood oxygen levels, so it is best to stick with a suitable device when you need to monitor blood oxygen levels. for a corona patient, for example. The Mi Smart Band 6 is a good alternative to get a feel for heart rate and blood oxygen after a workout when it’s not critical.

As for the activity modes, while six of them are detected automatically, the other 24 require manual activation either from the watch itself or from the Xiaomi Wear app. You get information like number of steps, calories burned, heart rate, distance covered and time spent. Now for stress and breathing tracking I found the former to be a bit fancy, but the latter works as advertised and calms you down properly. I also like the feature where you can configure the fitness tracker to unlock your phone nearby without a passcode or security lock.

The Mi Smart Band 6 comes with the same 125mAh battery as the Smart Band 5 and is designed for 14-day backup. In my experience with the device, continuous heart rate monitoring was set every five minutes and breathing monitoring during sleep was also enabled. I also turned on notifications from my primary smartphone with over 50 notifications every hour and walked 30 minutes a day. At this use, I managed to squeeze out seven days of battery backup. After I limited the app notifications and turned off the advanced features, the Mi Smart Band 6 lasted me 12-13 days on average. The group takes about two hours to fully recharge.


There is a reason why the Mi Band series has been extremely popular in the country over the years and why the latest Mi Smart Band 6 catapulted Xiaomi to the world’s number one seller of wearable bracelets in the second quarter of 2021. For its Asking price of Rs 3,499, the fitness tracker is packed with useful features. This time around, you get a bigger screen, SpO2 tracker, additional training modes, and more.

As for the competition, the Mi Smart Band 6 clashes with the OnePlus Band (review) priced at Rs 2,499. It has a similar design, but has an SpO2 sensor, heart rate, and more precise sleep monitoring. In addition, the OnePlus Band also charges quickly in just an hour, which is a plus compared to the Mi Smart Band 6. However, you will have to remove the core of the OnePlus Band to charge.

If the price of the Mi Smart Band 6 is outside your budget, the Mi Smart Band 5 (review) at Rs 2,499 is still a compelling option. It has a slightly smaller screen and lacks an SpO2 sensor and as many training modes, but still a great fitness band for the price.

Pricebaba score: 8/10

What works:

  • Large AMOLED display
  • Comfortable fit
  • Easy to use interface
  • Advanced health monitoring features

What not

  • No automatic brightness
  • SpO2 sensor is not very accurate
  • Battery drains faster with all features turned on
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The next Xiaomi smartphones in India in 2021 Sat, 18 Sep 2021 07:23:11 +0000

Chinese smartphone maker Xiaomi launches too many phones in any given year. Considering the number of launches of the popular brand, it is quite difficult to choose the right phone from the brand’s portfolio in India. The smartphones don’t just come with the Xiaomi brand, but the company’s sub-brands like Redmi, Black Shark and others. Xiaomi earlier this year even dropped the “Mi” brand of its products. Now, while the number of Xiaomi smartphones in the market can be overwhelming, people are still buying Xiaomi and rather, they are waiting for new Xiaomi launches to buy their next smartphone. .

Given the interest in Xiaomi’s offerings in India, we’ve compiled a list of all of Xiaomi’s upcoming launches on the horizon. Let’s take a look:

Xiaomi mix 4

The highly anticipated phone, Xiaomi Mix 4, which launched in China in August this year, is said to be launching in India in November. The smartphone is Xiaomi’s flagship device and is one of the first products of the Chinese giants to abandon the “Mi” brand. The price of the smartphone is expected to be around the 55,000 rupee price range. AMOLED display with a refresh rate of 120 Hz. Under the hood, the Xiaomi Mix 4 has a Qualcomm Snapdragon 888+ octa-core SoC, as well as 12 GB of LPDDR5 RAM. main HMX sensor, a 13-megapixel sensor with a periscope-shaped telephoto lens to support 50x zoom and an 8-megapixel ultra-wide shooting device.In the front there is a 20-megapixel camera on the Xiaomi Mix 4.

Xiaomi Mi Mix Fold

Xiaomi Mi Mix Fold is the company’s first foldable smartphone which launched in China in March of this year. The smartphone is expected to launch in India by the end of the year and will cost over Rs 1,000,000 (expected). The Mi Mix Fold has an inward foldable design, similar to the Samsung Galaxy Z Fold 3. There is an 8.01 inch WQHD + flexible OLED display with 900 nits of maximum brightness inside. On the outside, the phone offers a 6.5-inch AMOLED display with a 90Hz refresh rate. Under the hood, Mi Mix Fold is powered by a Qualcomm Snapdragon 888 octa-core SoC, with up to 16GB. of LPDDR5 RAM and up to 512 GB of UFS 3.1 storage. The smartphone also includes a butterfly-type cooling system that features VC liquid cooling, thermal gel, and multi-layered graphite sheets, among other heat dissipation methods.

Xiaomi Redmi K50

Xiaomi is working on a new Redmi phone powered by Qualcomm’s Snapdragon 870 SoC. Leaks suggest that this model will succeed Xiaomi’s Redmi K40 / Mi 11X. The Chinese smartphone maker previously launched the Mi 11X as a rebaded Redmi K40 in India. Redmi phone is designed to achieve 6.7 inch FHD + OLED display with 2400 x 1080 resolution.

Read all the latest news, breaking news and coronavirus news here

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]]> National monetization pipeline shows promise – and limits Fri, 17 Sep 2021 22:25:51 +0000 The Indian government recently announced an asset monetization plan, in which existing public assets worth Rs 6 trillion would be monetized by leasing them to private operators for fixed terms. The identified assets are mainly concentrated in roads, railways, electricity, oil and gas and telecommunications. The rental proceeds are expected to be used for further infrastructure investments which in turn will contribute to the government’s ambitious infrastructure investment plan of Rs 111 trillion.

The plan generated a lot of impressions, so it’s worth discussing its pros and cons. While there are many important questions raised by the plan, due to space constraints I will limit the discussion to two questions: (a) How much should the government expect to withdraw from the plan? (b) Is the plan likely to increase the efficiency of the economy?

In deciding on the amount to bid for the rental rights, bidders calculate the present present value of the asset’s annual cash flow for the term of the lease. The greatest uncertainty in this calculation concerns the cash flows on these public assets. Estimates of rates of return on public capital in the United States have been estimated to be over 15 percent. However, this is India with its myriad uncertainties regarding pricing, bill collection, asset quality, regulatory framework as well as policy reversals. Therefore, risk-adjusted returns on public assets in India are likely to be lower than US estimates.

To get an idea of ​​the potential revenues at stake, note that with a real annual return of 10% for 30 years and a real discount rate of 5%, the discounted cash flow on public assets of Rs 6 trillion is of Rs 9600 billion. A desired cumulative profit of 100% over 30 years would imply that investors would bid around Rs.48 trillion for rental rights. Small variations in the assumptions underlying the calculation can drop the estimated income to 1.5 trillion rupees or up to 7 trillion rupees.

This range of income estimates suggests that there is significant uncertainty regarding the income potential of the scheme. Importantly, even in the most optimistic scenario, the revenue generated by the plan is unlikely to exceed 5 percent of the government’s overall infrastructure investment target of Rs 111 trillion. Therefore, its earning potential is limited.

The second question is whether the plan will improve the efficiency of the economy. NITI Aayog believes that the private sector is better able to manage and operate identified public assets than the public sector. Efficiency gains are certainly possible. However, there are also significant barriers to efficiency.

One set of efficiency issues relates to user fees. Can the tenant freely choose the price of the services from the asset? If so, could we end up seeing significant price increases?

A second factor related to efficiency is the effect of the plan on competition. Could the plan induce cartelization of key segments of the infrastructure landscape? The identified assets belong to key sectors of the economy covering transport, energy and communications. Sectors like telecommunications and ports have already seen an increasing concentration of ownership in recent years. An acceleration and extension of this trend to other segments of the infrastructure landscape would be of great concern. While some of these elements could well be rationalized by stipulating rules for the allocation of lease rights, the plan is silent on this subject.

A third set of efficiency issues concerns the financing of leasing offers. If bidders finance their bids using national savings, there is a clear opportunity cost of the plan since these savings would otherwise have been invested in alternative projects. In addition, the pursuit of scarce domestic savings by potential investors will also raise domestic interest rates, which will put downward pressure on domestic private investment. It would also be worth remembering that the last round of bank-channeled PPP-based infrastructure finance resulted in a bunch of NPAs on the balance sheets of public sector banks.

The way around this is to invite foreign investors to bid for the assets. But this will require serious political will as the strengthening of foreign influence over Indian public goods will spark controversy. On this aspect too, the announced plan lacks details.

More generally, the monetization plan calls for the private sector to pay an upfront royalty to the government which the government uses for new infrastructure investments. To the extent that private bidders finance themselves by debt, it is up to the private sector to borrow and return the funds to the government to invest in infrastructure. This could only improve the efficiency of infrastructure investments if the government faces higher interest rates in the capital markets than the private sector. But this is not true.

Perhaps the biggest downside to the plan is that it fails to explain the reasons for the public sector’s inefficiency in asset management. If it is about personnel, the privatization of management may be the right answer. If the inefficiency is linked to constraints on pricing and bill collection, it is unlikely that the roots of the problem will be resolved by leasing their management to private operators.

The plan document also does not specify whether the identified brownfield assets are the highest public sector cash assets or the relatively underperforming assets. If the private sector is indeed more efficient at managing infrastructure assets, the most effective strategy would be to lease the worst performing assets rather than the best performing ones.

NITI Aayog would do the political landscape a great service by following up on the proposed white paper that addresses some of these efficiency issues. Without it, the monetization plan, while intriguing, is incomplete.

The author is professor-researcher in economics at the Royal Bank, University of British Columbia

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CryptoNewsBreaks – Why Tingo Inc. (IWBB) is “One to Watch” Fri, 17 Sep 2021 20:08:12 +0000

Tingo (OTCQB: IWBB) is a digital services agro-fintech technology company that focuses on basic agriculture and related financial services in Africa. “The company aims to be the leading player in agri-fintech in Africa, transforming rural farming communities to connect through its proprietary platform to meet their comprehensive needs – from inputs and agronomy at harvest and at the market – and generate sustainable income in an impactful way. The company’s vision is to create comprehensive inclusive digital ecosystems that foster financial inclusion and deliver disruptive microfinance solutions, empower societies, produce social uplift in rural communities and unlock international opportunities, ”reads -on in a recent article. “Tingo believes that a truly connected world will contribute to a better global society. The main areas of intervention of the company are telecommunications, financial services / fintech and agritech. Tingo’s goal is to provide a best-in-class customer experience, to support the national economies of its host countries and to support technological and fi nancial inclusion to end the poverty premium. With this, Tingo hopes to deliver attractive returns to shareholders while investing in the long-term future of the company and its subsidiaries.

To view the full article, visit

On Tingo inc.

Tingo has four main business drivers: Mobile phone rental: Tingo has distributed nearly 30 million mobile phones since 2014 and will continue to replace the devices of its installed customer base every three years. Mobile voice and data service: via a mobile virtual network, Tingo provides its customers with voice and data services. Nwassa Platform: Tingo’s proprietary AgriTech platform, Nwassa, supports Nigeria’s agricultural value chain with market access. Tingo processes 500,000 daily transactions valued at over $ 8 million, giving its established clientele access to agricultural markets for their crops. Farmers and cooperatives are also supported with packaging, warehousing and freight logistics. Tingo provides digital wallet services to its clients, which enables them to send and receive national payments, monitor cash flow in real time, and hold money securely. Tingo provides access to other third-party services such as utility bill payment, virtual airtime recharging, insurance services and alternative lending solutions. Tingo Pay: Since the launch of the Nwassa platform, Tingo has been a dominant player in the B2B fintech vertical. Tingo has entered the B2C fintech vertical to expand its B2B game to mass market use cases beyond agriculture. For more information about the company, visit

NOTICE TO INVESTORS: The latest news and updates relating to IWBB are available in the company’s press room at

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Redmi 10 Prime Review: First candidate? Fri, 17 Sep 2021 13:14:54 +0000

Redmi 10 Prime is the successor to the Redmi 9 Prime and claims to have a lot of improvements over its predecessor. This smartphone sports the new MediaTek Helio G88 SoC and has a 50 megapixel main camera. However, this all comes at a higher price: the Redmi 10 Prime starts at Rs. 12,499, higher than the launch price of the Redmi 9 Prime. Is the new Redmi 10 Prime worth the price it commands or should you look elsewhere? I put the Redmi 10 Prime to the test to find out.

Redmi 10 Prime price in India

The Redmi 10 Prime is offered from Rs. 12,499 in India for the 4GB RAM, 64GB storage variant. You can go for the higher variant, which costs Rs. 14,499 for 6GB RAM and 128GB. GB of storage. There are three color options for the Redmi 10 Prime: Bifrost Blue, Astral White, and Phantom Black.

Redmi 10 Prime design

Xiaomi has stayed true to the ‘Evol’ design language that it debuted with the Redmi Note 10 series. This design gives the Redmi 10 Prime a familiar look. The smartphone has a large 6.5-inch screen with visible borders all around. There is a hole for the selfie camera just in the center towards the top of the screen. The hole is quite large and some people might find it distracting. Xiaomi made the frame out of plastic and it is rounded to make it easier to grip the device.

The Bifrost Blue color variant has a gradient finish that catches the light

The Redmi 10 Prime has a side fingerprint scanner built into the power button on the right side. You will find the volume buttons above. I needed a stretch to reach the volume buttons, although the fingerprint reader was easy to touch. The left side only has the SIM tray. Just like the Redmi 9 Prime, the top and bottom of the frame are flat. The top features a 3.5mm headphone jack, infrared emitter, and speaker holes, while the USB Type-C port, main microphone, and speaker are on the bottom.

The back panel is also plastic. The camera module houses four cameras and protrudes slightly, causing the device to tip over when held on a flat surface. I had the Blue Bifrost color variant which has a nice gradient pattern on the back, but its glossy finish made it a fingerprint magnet. I had to wipe the back frequently so that it didn’t leave any marks.

Redmi 10 Prime specifications

The Redmi 10 Prime is one of the very few current smartphones powered by the MediaTek Helio G88 SoC. Xiaomi paired it with 4 GB or 6 GB of RAM depending on which variant you choose. These variants offer 64 GB and 128 GB of storage respectively. You now have the option to use part of the storage to expand the 1GB RAM on the base variant while the top variant allows 2GB.

The 6.5-inch screen has Full HD + resolution with a refresh rate of 90Hz and Corning Gorilla Glass 3. The display is set to 60Hz by default, but you can change it to 90Hz in Settings. ‘display. Xiaomi says the smartphone uses an adaptive refresh rate and can drop to 45Hz when screen content is static, 60Hz when streaming video, and 90Hz when scrolling or playing, to optimize power consumption. ‘energy.

Redmi 10 Prime best gadgets 360 Redmi 10 Prime Review

IR emitter on top can be used to control IR based devices

Xiaomi used a large 6000mAh battery for the Redmi 10 Prime. You get a 22.5W charger in the box but the device is only capable of charging at 18W. 9W reverse charging is also supported, so you can use this phone as a bank. power supply to charge other devices. The Redmi 10 Prime is a dual SIM device and supports 4G as well as VoLTE on both SIM cards. It also has a dedicated microSD card slot for storage expansion. Connectivity options include Bluetooth 5.1, dual-band Wi-Fi, and four satellite navigation systems.

You’re getting MIUI 12.5 on Android 11, and my unit was running the July Android Security Patch. There are a number of apps preinstalled on the smartphone, such as Amazon, Facebook, Prime Video, LinkedIn, Mi Credit, and Netflix. These apps can be uninstalled, which is a step in the right direction for Xiaomi. GetApps, an alternative to the Play Store, is also preinstalled and sent out a few push notifications during the review period. The user interface of the Redmi 10 Prime is easy to use and the menu scrolling seemed smooth. Some of the other Xiaomi features like Game Turbo, Second Space, Lite Mode which we have seen on previous devices can also be found here.

Redmi 10 Prime performance

The Redmi 10 Prime has a good display that’s bright enough for indoor use, in my experience. The stereo speakers are powerful and make watching videos and playing games a little more engaging. The sound is hollow at higher volumes but it is acceptable at this price. I found the side fingerprint reader to unlock the device quickly, requiring only one attempt most of the time.

I had the 6GB RAM variant which loaded apps quickly and multitasking between apps was easy. I performed benchmark tests to see how the Redmi 10 Prime performed. In the AnTuTu benchmark, the phone managed 245,744 points. It managed 8,375 in PCMark Work 3.0, while in Geekbench 5 it scored 365 and 1,174 in single-core and multi-core tests, respectively. The Redmi 10 Prime also handled 40 fps in GFXBench’s T-Rex test and 8.6 fps in the Car Chase test.

Redmi 10 prime360 cameras gadgets Redmi 10 Prime Review

The Redmi 10 Prime has a quad camera setup

I played BGMI (Battegrounds Mobile India) on the Redmi 10 Prime, and the default setting was HD and High for graphics and frame rate respectively. The game was playable with these settings and I didn’t notice any lag or stuttering. After about 30 minutes the phone felt slightly warm to the touch and showed 9% battery discharge.

The large 6000mAh battery is large enough to endure over a day and a half of use without any issues. In our HD video loop test, the phone ran for 16 hours and 24 minutes. Charging using the supplied 18W charger allowed the smartphone to go to 24% in 30 minutes and 50% in an hour.

Redmi 10 Prime cameras

The Redmi 10 Prime consists of a four-camera setup consisting of a 50-megapixel main camera, an 8-megapixel ultra-wide-angle camera, a 2-megapixel macro camera and a depth sensor of 2 megapixels. The camera app is pretty much unchanged from what we’ve seen on recent Xiaomi phones. There are quick toggles for HDR as well as AI, and there’s a Pro mode that gives you full control over the settings.

Most of the photos I took with the Redmi 10 Prime were on an overcast day. The photos taken during the day were correct with average detail. These were too sharp and didn’t appeal to me much. The edges of the frames were also slightly grainy. With the ultra wide-angle camera you can shoot a wider frame, but I found the output to be a drop in quality compared to the main sensor. The output also had a slight distortion around the edges.

Redmi 10 Prime daylight camera sample (tap to view full size)

Redmi 10 Prime Daylight ultra wide-angle camera sample (tap to view full size)

The close-ups showed good detail and the AI, when activated, would quickly detect what the smartphone was pointed at. The colors were quite precise and the phone could tell the difference between the subject and the background to produce an effect of depth. The portraits had good edge detection and the phone could effectively blur the background. You also have the option to set the blur level before taking a photo. The macros had decent detail, but I found myself adjusting the frame to prevent the phone’s shadow from falling on the subject while shooting. The output is limited to 2 megapixels.

Redmi 10 Prime close-up camera example (tap to view full size)

Redmi 10 Prime Portrait camera example (tap to view full size)

The performance of the camera in low light was strictly average. The plans looked grim and the details were lacking. With AI enabled, there is a slight performance improvement but nothing drastic. Night mode produces slightly brighter images but still lacks the best detail.

Redmi 10 Prime low light camera sample (tap to view full size)

Redmi 10 Prime Night Mode camera example (tap to view full size)

Selfies taken with the 8-megapixel front camera were acceptable in daylight. The output also seemed refined, with blacks aggressively increased. The portraits had good edge detection and the phone handled adequate background blur in daylight. Low-light selfies taken under a street light turned out to be below average, while others taken with a brighter light source nearby were okay.

Redmi 10 Prime portrait selfie camera sample (tap to view full size)

Redmi 10 Prime low light selfie camera example (tap to view full size)

Video recording reaches 1080p for the main camera as well as the selfie shooter. Images were not stabilized well when shooting in daylight or at night.


The Redmi 10 Prime boasts of better hardware than the Redmi 9 Prime but also commands a higher price tag. Although it offers better performance than its predecessor, the cameras are lacking. You get a high refresh rate panel and a big 6,000mAh battery that should benefit casual users. At its starting price of Rs. 12,499, this phone will have to compete with the Realme 8i which has better specs on paper (we’ll review it soon). The more expensive variant of the Redmi 10 Prime sells for around the same price as the Redmi Note 10S (Review) and Redmi 10T 5G (Review), both of which offer better hardware.

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Xiaomi announces 11T and 11T Pro 5G phones Fri, 17 Sep 2021 12:09:46 +0000

During a launch at BAFTA in London, Chinese cellphone maker Xiaomi announced two new 5G phones – the Xiaomi 11T and Xiaomi 11T Pro, as well as a 5G version of the Xiaomi 11 Lite.

Xiaomi 11t pro

Xiaomi 11t pro

(Image credit: Xiaomi)

According to Xiaomi, the 11T Pro delivers 100% charge in just 17 minutes. Ultra-fast charging is due to technologies such as dual cell battery structure, dual charge pumps, application of graphene on Li-ion battery and Mi-FC technology.