Qualcomm expects mobile prices to dip further
Vagadia said that despite the stress on the Indian telecom sector, the handset market has grown last year in India and is slated to grow just below 10% in calendar 2020 too. “Economies of scale are helping brands that are driving volumes, which is helping the market,” he said.
Home appliances maker Godrej Appliances is going to venture into small kitchen appliances space
The company’s business head Kamal Nandi said ...
Chinese rescue auto expo, book 20% space
With a large number of manufacturers giving this edition of Auto Expo 2020 a miss, including top nam...
Car makers to stop BS-IV production ahead of March 31 deadline
Amid the demand slump in Motown, car makers are looking to stop production of BS-IV inventory two months ahead of the March 31 deadline. ET ...
Samsung appoints new mobile chief as Huawei chips away at market share
Samsung appointed Roh Tae-moon, currently its youngest-ever president at 51, as mobile chief as part of a reshuffle that came later than usual amid a series of court cases involving some of its top executives including leader Jay. Y Lee. Roh championed Samsung's shift to outsource more handset production to cut costs and better compete with lower-priced Chinese smartphone makers.
Nikkei slumps on China virus fears; airlines slide, mask makers rally
The broader Topix lost 0.53 per cent to 1,734.97.
Maharashtra: MSEDCL ups its price to woo solar power makers
The company had floated tenders for buying 1,350MW with a cap of Rs3.15 per unit but got bids for only 5MW. Now it has increased the cap to Rs3.30 per unit and floated the tender again.
USFDA in active mode, issues obersvations to 4 drug makers in 3 days!
SMS Pharma today informed exchanges that the United States Food and Drug Administration (USFDA) conducted a cGMP inspection at Kandivalasa, Vipanagaram, Andhra Pradesh API manufacturing facility from January 13-17.
Samsung has become the country’s largest refrigerator maker in the second half of last calendar year: Senior VP, Samsung India
Raju Pullan, senior vice president (consumer electronics business) at Samsung India, said the company has bagged 33.9% value share in the overall refrigerator market in India in the July to November period of last year becoming the leader. In frost free refrigerators, the company had 42.6% share.
EV makers target delivery, logistics companies to widen market
Greaves Cotton-owned Ampere Vehicles, which makes electric scooters, has made its entry into the ecommerce segment through a deal with grocery app BigBasket. It has also entered into an agreement with Bengaluru-based Bounce for deploying scooters for ride-share.
View: India can become a rule-maker in the global oil trade instead of the rule-taker it is today
India needs to push for a bigger role for its exchanges and currency in the oil trade.
Asia’s most valuable Zinc maker looks to gain from India’s rail overhaul
Asia’s top zinc producer by market capitalization has been campaigning for Indian Railways to increase their use of galvanized steel in its rail lines, although the material is also used in industries from construction to cars. India’s railway ministry expects to buy about 1.5 million tons of tracks in the year ending March.
Xiaomi spins off POCO as an independent in brand India
"What started as a sub-brand in POCO has grown into its own identity in a short span of time. We feel the time is right to let POCO operate on its own now. We will spin it off as an independent brand," Manu Jain, Xiaomi Vice President and Xiaomi India Managing Director, said.
Future Retail raises $500 million from international bond market
Proceeds from the offering will be utilised to purchase store assets from Future Enterprises Ltd.
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