Electricity reaches every village, GoAir sues ex-MD, and more trending news

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Over the weekend, the last Indian village got electrified. At 5:30 PM on Saturday, Leisang in Manipur’s Senapati district was connected to the national power grid. Prime Minister Narendra Modi had set May 1, 2018, as the deadline for electrification of all 597,464 villages. Despite this, close to 32 million homes continue to be in darkness – the Centre deems a village “electrified” if 10% of its households, along with public institutions such as schools and health centres, can access power.

GoAir is suing its former MD Wolfgang Prock-Schauer for alleged information theft. In a submission to the Bombay High Court, the Wadia Group firm alleged Prock-Schauer stole confidential company information before joining rival Indigo as COO, Mint reports. But the Austrian national’s lawyer said his client will not disclose or disseminate any confidential information about his former employer, court documents show. The next hearing is scheduled for June 15. Economic Times had reported in February that Prock-Schauer’s final months at GoAir were marred by frequent disagreements with the budget carrier’s promoters.

The government is toying with the idea of incentivising every digital transaction. PTI reports, quoting an unnamed source, that consumers paying digitally could get a discount of up to ?100 on the MRP of any goods or service. And businesses could get cashbacks and obtain tax credit on the turnover booked through the digital route. These proposals are likely to be placed before the GST Council on May 4. A recent World Bank report showed that only a third of bank account holders have digitally transacted in the last one year.

Urban India’s infatuation with car ownership is waning. Times of India reports car sales fell 20% in Mumbai and 11% in Bangalore last fiscal, and grew just 1.6% in Delhi – the country's biggest car market. The reason? Serpentine traffic jams, parking issues, easy availability of app-based taxis, and expanding metro networks, among other factors. "Metros are surely seeing challenges in volume growth due to rising trend of shared mobility through Ola and Uber," Hyundai’s Rakesh Srivastava said. Conversely, an Uber-commissioned study showed 87% Indians plan to buy a new car in the next five years.

Four out of five millennials are willing to switch jobs for money, an Indeed.com survey shows. And 93% of respondents in the 25-34 year bracket plan to ask for a hike this appraisal cycle. But many are willing to forgo a raise for alternative benefits like flexible work hours (60% ) and more time off (47%). “Employees are (now) far more informed about industry standards and company cultures,” said Indeed’s Sashi Kumar. A KPMG survey showed that companies are likely to dole out an average hike of 9.6% this year.

Idea of the Day:  Sometimes the best ideas really are a group effort, says author and professor Adam Grant. And those “creative bursts” tend to come from teams that have had plenty of practice. 

“If you want a group to have creative bursts, what matters most is the time you spend getting to know each other… The best creative groups aren't just the sum of their parts, they're the sum of their shared experience.”

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Disha Sharma and Abhigyan Chand / Share this using #DailyRundown

This article was updated. From earlier: Managers are devoting a large chunk of their time settling workplace disputes.