Tushar Kansal

About Tushar

Month: July 2016

Is Gambling and Online betting legal in India?

Gambling which is Skill based, even if played with money, is allowed almost in all of Indian states. Even if the skill component is small, it is allowed. However, for Games played online with money, it is upto the discretion of Courts whether each Game has skill component in it, and is hence Legal or not. There is no law specifically disallowing Sports betting in India, but its a grey area and SC is considering the Lodha Panel report to allow Cricket betting – however, it is work-in-progress Gambling is a state subject. It has 2 classifications: Game of...

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Living poor with a low value Rupee

India should take a leaf from China, which kept Yuan strong while creating an Export engine in its 35 year growth story During Vajpayee, Indian Rupee (INR) moved from 49 to 39, current account deficits and fiscal deficits were still there, but the market saw reforms and factored in potential future GDP of India. Specifically, post 2014, under Modi, we all know reforms have picked up pace of the kind never seen before in India’s history. Raghuram Rajan (R3) has been able to accumulate $100 billion while keeping INR in range of 67. Considering size of Indian economy, $100...

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Startup diaries – Final Part: The People factor

Sensible entrepreneurs put money after getting business traction and are measured while recruiting people Read Startup diaries – Part-1: Indian Political ecosystem Startup diaries – Part-2: Sky-high valuations Startup diaries – Part-3: International Macro-economic Funding environment Startup diaries – Part-4: Indian Macro-economic Funding environment Startup diaries – Part-5: Exits for Investors Startup diaries – Part-6: Moving up the Value chain Startup diaries – Part-7: Education and the Culture of Innovation Startup diaries – Part-8: Flourishing Inspector Raj and a Judiciary in perpetual coma Startup diaries – Part-9: Fixing Red tape not enough, needed – an enabling Government Startup diaries...

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Startup diaries – Part-10: Key learnings

Promoters need to be very innovative today, to make profits Read Startup diaries – Part-1: Indian Political ecosystem Startup diaries – Part-2: Sky-high valuations Startup diaries – Part-3: International Macro-economic Funding environment Startup diaries – Part-4: Indian Macro-economic Funding environment Startup diaries – Part-5: Exits for Investors Startup diaries – Part-6: Moving up the Value chain Startup diaries – Part-7: Education and the Culture of Innovation Startup diaries – Part-8: Flourishing Inspector Raj and a Judiciary in perpetual coma Startup diaries – Part-9: Fixing Red tape not enough, needed – an enabling Government The best way to decide which...

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Startup diaries – Part-9: Fixing Red tape not enough, needed – an enabling Government

Government needs to go beyond cutting red tape to handholding investing companies Read Startup diaries – Part-1: Indian Political ecosystem Startup diaries – Part-2: Sky-high valuations Startup diaries – Part-3: International Macro-economic Funding environment Startup diaries – Part-4: Indian Macro-economic Funding environment Startup diaries – Part-5: Exits for Investors Startup diaries – Part-6: Moving up the Value chain Startup diaries – Part-7: Education and the Culture of Innovation Startup diaries – Part-8: Flourishing Inspector Raj and a Judiciary in perpetual coma The world has seen 30-year miracles – the way Japan, then ASEAN nations, recently China and now how...

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Airtel uses diesel gensets; caused 37 lakh tons of CO2 emission in 2015-16. This Diwali, switch to some greener network

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History of Congress in 41 seconds. Whoever did this, hats off 💚

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Ex-President @CitiznMukherjee Pranab da shares insights on PM @narendramodi Calls him a real visionary and very Hard Working.

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