Tag Archives: India’s

India’s Smartphone User Base Tops 300 Million in Q4 2016: Counterpoint

The smartphone user base in India – with Chinese brands dominating the market – crossed 300 million as shipments grew 18 percent annually in 2016 compared to the global smartphone market which grew only three percent, a new report said on Tuesday. In the fourth quarter of 2016, Chinese brands such as Vivo, Oppo, Lenovo and Xiaomi contributed 46 percent ... Read More »

China Nibbles at Samsung’s Share to Take 50 Percent of India’s Smartphone Market: Counterpoint

Chinese brands took their largest ever slice of the $10-billion Indian smartphone market in late 2016, accounting for more than one in every two phones sold – a growing market share that ate into sales from top-selling Samsung Electronics. Samsung, the single most popular smartphone brand in India, commanded a roughly 30 percent market share just over a year ago. ... Read More »

WhatsApp Video Calling Is Here, Optimised for India’s Connectivity Issues

  Starting today, WhatsApp, the most popular messaging app in India, will let you make video calls; just like FaceTime and Skype, the calls will be free, though if you aren’t on Wi-Fi you may have of coure to pay for cellular data usage, depending on your plan. WhatsApp co-founder Jan Koum said in an interview to Reuters that video ... Read More »

Jeep India’s First Dealership Inaugurated In Ahmedabad; 9 More By Year End

Fiat Chrysler Automobiles (FCA) India commenced their domestic operations just last week and today inaugurated the country’s first Jeep Destination Store in Ahmedabad, Gujarat. The Jeep dealership is being operated by Concept Motorcar Pvt. Ltd., and is the first of the 10 outlets that the company plans to open in the country by the end of this year. The showroom ... Read More »

Sonalika Unveils India’s First Ever 120 HP Tractor – Solis 120

  View Sonalika ITL has unveiled the ‘Solis 120’ tractor in India. The new tractor was unveiled under its international brand ‘Solis’ and is the country’s first ever tractor to produce 120hp of power. The tractor maker is the first and only Indian company to indigenously develop and manufacture the 120hp model. Commenting on unveiling the Solis 120, Sonalika ITL ... Read More »

Quess Corp, India’s Most Successful IPO In 9 Years, Soars 60% In Debut

Quess Corp’s IPO was oversubscribed 145 times, making it the most successful issue in 9 years Quess Corp made a stellar debut in stock markets, with shares in the staffing firm rising over 60 per cent on Tuesday. Quess Corp’s initial public offer (IPO) was oversubscribed 145 times, making it the most successful issue in the past nine years. With ... Read More »

India’s E-commerce Tripled in five Years notwithstanding Low internet Penetration: report

despite the fact that India’s use of the internet is decrease than many poorer international locations, the us of a’s e-commerce area tripled – or grew by using 209 percent over the last 5 years – from $four.4 billion (Rs. 20,020 crores) in 2010 to $13.6 billion (Rs. eighty three,096 crores) in 2014. This facts become contained in a reply ... Read More »

Lenovo, Apple quickest developing amongst India’s pinnacle 10 cellphone providers: Canalys

Canalys has posted its Q1 2016 file for Indian phone shipments, and has discovered that Lenovo and Apple have been the fastest developing vendors within the length. As in line with Canalys, the Indian cellphone marketplace grew 12 percent yr-on-12 months in terms of shipments, with 24.4 million devices shipped. while the top five companies (Samsung, Micromax, Intex, Lenovo, and ... Read More »

Samsung Takes India’s Premium Smartphone Crown in 2015: CMR

2015 was another remarkable year for smartphones. We saw different companies getting increasingly competitive and launch affordable products, and we also witnessed several new players arrive in the market. According to CyberMedia Research, 96.4 million smartphones were shipped in India last year. Of this voluminous number, 3.4 percent handsets accounted for premium segment smartphones (priced at Rs. 30,000 or above). ... Read More »

India’s Foreign Exchange Reserves Surge To Record High Of $360 Billion

New Delhi: India’s foreign exchange reserves swelled to a record high of $360 billion for the week ended April 1, largely on account of the Reserve Bank of India’s dollar purchases to rein in the rupee’s strength as foreign funds poured into Indian financial markets, analysts said. Foreign investors added Indian debt and equities worth $3.7 billion in March, the ... Read More »