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Jeffrey Bezos had a successful career in an investment firm in Wall Street when he decided to resign in 1994, and set up Amazon.
Till a year ago, there were almost a dozen players jostling for a piece of the Indian mobile telephony market. Bar a couple of them, most were making losses.
For some time, economists and corporate analysts have talked about India's twin balance sheet problem.
India's "demographic dividend" is often cited as a major reason for India becoming an economic superpower in the next couple of decades.
From the Editor Prosenjit Datta
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