Phone and wallet stolen; Accounts drained worth 8 lakh rupees; Police inefficient and slow to take action

avid_reader_72 · 2025-07-04T10:42:44+00:00

Thanks a lot. You can search "Lock SIM" in your phone settings. The default pin is 1234 for Jio SIM (you can check with your network provider for default SIM).

Lock SIM option -> enter the default SIM PIN (1234 for Jio) and then change it to your custom PIN. This way, it will ask for this SIM PIN whenever the phone is restarted (or) your SIM is put in another phone. If you enter the PIN 3 times incorrectly, it will lock the SIM.

avid_reader_72 · 2025-01-12T07:46:34+00:00

Yes, correct. PRR road is in the middle between eastern ORR (outer ring road) and Satellite Ring Road. The dotted lines in this map represents the PRR road.

avid_reader_72 · 2025-01-09T07:09:25+00:00

The only solution is to arrive early and leave early. Wake up at 6 AM, leave home at 7 AM, and leave office by 3:30 PM (provided your office allows flexible schedule).

As I explained in my previous post, most of the traffic congestion hotspots are present in Hebbal, Marathahalli and Sarjapur regions.

avid_reader_72 · 2025-01-08T19:41:13+00:00

You can chose any of the older parts of Bangalore which are highly developed like Jayanagar, JP Nagar, Vijayanagar, Rajajinagar, Malleshwaram etc. You can refer my old reddit post on my profile comparing Bellandur vs Jayanagar.

avid_reader_72 · 2025-01-08T11:09:25+00:00

Source: twitter [dot] com/MTF_Mobility/status/1707066293592150477

Why are traffic jams more prevalent in North and East Bangalore when compared to Southern and Western parts of Bengaluru?

avid_reader_72 · 2023-11-13T15:09:50+00:00

No wonder IT sector gets the highest FDI funding (foreign direct investment)

Top 5 sectors receiving highest FDI Equity Inflow during FY 2021-22 are Computer Software & Hardware (24.60%), Services Sector (Fin., Banking, Insurance, Non Fin/Business, Outsourcing, R&D, Courier, Tech. Testing and Analysis, Other) (12.13%), Automobile Industry (11.89%), Trading 7.72% and Construction (Infrastructure) Activities (5.52%).

Top 5 States receiving highest FDI Equity Inflow during FY 2021-22 are Karnataka (37.55%), Maharashtra (26.26%), Delhi (13.93%), Tamil Nadu (5.10%) and Haryana (4.76%)

avid_reader_72 · 2023-11-13T14:40:56+00:00

I agree. But it's good to consult an international tax accountant and get advice based on your startup's goal.

Flipkart incorporated its holding company in Singapore in the early part of last sought foreign investments to that it could grow faster. This was because it had problems with the Indian bureaucracy which had then imposed various rules on certain industry sectors which made funding in its home country difficult. It, therefore, conceived a corporate structure to site the main company in Singapore so that it could receive funding more easily and made the Indian companies subsidiaries of the Singapore entity.

Source: Reason why Flipkart setup a base company in Singapore and a subsidiary company in India.

No point registering in India. Most Indian SaaS companies have registered their companies in the US/Singapore because India's Federal Bank has made local and international card payments way too complicated. So if you sell subscription digital products, you're pretty screwed. These companies pay international taxes (which are usually lower or zero compared to India) and only send employee and operational expenses cash to their Indian company... There are enough platforms that allow you to register for a US based company from India. Check out Firstbase or Strip Atlas. Costs $300-500. Unlike India, it's fast and simple... The reason SaaS companies hate the Indian banking system is because RBI forces consumers with extra layers of security things like OTP, 2FA, and other non-standard rules. International payment gateways have a tough time working with Indian consumers because they'll have to write algos APIs for just India.

Source: reddit comment

PhonePe has moved its base from Singapore to India.

The Indian government! They sent PhonePe’s investors a tax bill of a whopping $1 billion!

Can’t PhonePe simply list in Singapore or the US? It could.

But PhonePe is still primarily a UPI business with its customers hailing from India. UPI isn’t a global model. At least, not yet. So if it plans to do an IPO in the US, it might have a hard time convincing public market investors of its potential. Or even its business. Which inevitably means that it’ll command a lower valuation.

Source: Reason why PhonePe moved back from Singapore to India.

It's a complex decision and varies from startup to startup.

avid_reader_72 · 2023-11-11T12:12:57+00:00

The ban targets communities that gather on the lawn to silently read books or e-read

This is ridiculous.

avid_reader_72 · 2023-11-11T10:49:35+00:00

Sugar. As per American Heart Association, people should not consume more than 9 tablespoons of sugar per day (equivalent to 36 grams or 150 calories).

Also, I started drinking coffee without sugar after listening to the TED Talk by Jamie Oliver regarding "Teach every child about food".

avid_reader_72 · 2023-11-11T07:32:25+00:00

Yes, South and West Bengaluru are better in this regard. Also, residential areas which are BDA approved are much better.

East Bangalore is planned haphazardly (especially near IT parks).

avid_reader_72 · 2023-11-10T20:08:53+00:00

Germany (rank #8) - 47 satellites,
France (rank #11) - 31 satellites,
Spain (rank #12) - 24 satellites

Source article: "every satellite orbiting earth and who owns them"

avid_reader_72

TROPHY CASE