Tag Archives: Percent

IFCI Raises Lending Rate By 10 Basis Points To 8.6 Per Cent

New Delhi: Term finance lender IFCI today said it has raised benchmark lending rate by 0.1 percentage point (10 bps) to 8.6 per cent. The company has changed its its short-term benchmark rate (IBR-ST) from 8.50 per cent to 8.60 per cent with monthly rests for lending for tenure up to three months only, IFCI said in a statement. The ... Read More »

Demonetisation: Sales Down 25-30 Percent, Says Micromax

Consumer sales have seen a 25-30 percent hit in past few weeks due to twin impact of demonetisation and seasonal slowdown post Diwali, country’s third largest handset maker Micromax said today. While online sales suffered due to cash crunch in the aftermath of demonetisation, the company’s supply chain saw a 15-18 percent decline in sales in the last few weeks. ... Read More »

Android 7.0 Nougat on 0.4 Percent of Android Devices; Android 6.0 Is Now Single Most Used Version: Google

Google’s Android 7.0 Nougat, the latest publicly available version of Google’s mobile and tablet operating system, is now running on 0.4 percent of active Android devices, according to the latest Google Play distribution data. The latest version has seen just 0.1 percent increase since November. Google has updated its Google Play distribution data for the seven-day period ending December 5. ... Read More »

Global 4G Smartphone Shipments to Grow Over 20 Percent in 2016: IDC

Worldwide 4G smartphones are expected to show double-digit uptake at 21.3 percent year-over-year growth for 2016, to reach 1.17 billion units, up from 967 million in 2015, a new report by market research firm International Data Corporation (IDC) said. Much of this growth is being driven by emerging markets like Asia-Pacific excluding Japan, Latin America, Central and Eastern Europe, and ... Read More »

Google Pixel Phones Capture 10 Percent of Premium Smartphone Share in India in October: Counterpoint

Last month, Google launched its first fully self-branded Pixel smartphones worldwide as well as in India. The unique and the distinguishing factor about these smartphones from the earlier Nexus series is that these smartphones are premium in terms of features as well as the price tag. Pixel phones have been pitched by the search giant as direct competitors to Apple’s ... Read More »

Paytm Offers Bank Account Money Transfer Service at 1 Percent Fee

  From the cash shortage situation that has occurred due to the demonetisation of Rs. 500 and Rs. 1,000 notes, Paytm has been attracting a lot of customers to its platform. The digital wallet industry thinks that this move from PM Narendra Modi is a ‘surgical strike on cash’, and will heavily boost the adoption of digital wallets in the ... Read More »

Android 7.0 Nougat Now Present on 0.3 Percent of All Active Android Devices, Says Google

  Almost two months after last updating its Android distribution chart, Google has now revealed the number of devices that are currently running the various versions of its mobile OS. The search giant, in its latest distribution chart, on Monday revealed that only 0.3 percent of all active Android devices are currently running on Android 7.0 Nougat. Google did not ... Read More »

Apple Grabs 104 Percent of the Smartphone Industry’s Profits in Q3 2016, Claims Analyst

  Profit estimates are often crucial indicators for any industry as they reveal the direction where the companies are heading. If the latest estimates by analyst Tim Long from BMO Capital Markets, about smartphone industry are anything to go by, Apple seems to be the only shining spot in an otherwise ailing industry. As per the estimates by Long, reported ... Read More »

Android Dominates Global Smartphone Shipments With 88 Percent Market Share: Strategy Analytics

  Even though Android has suffered some reputation hit recently, with many reports claiming that a huge proportion of its users are vulnerable to dated malware, it seems like the mobile platform is continuing to expand considerably. As per a market research firm, Google’s mobile platform’s share in global smartphone shipments grew on a year-on-year basis while that of Apple’s ... Read More »

Samsung Galaxy S8 Tipped to Sport an OLED Display With 90 Percent Screen-to-Body Ratio

In a bid to douse the fire that the Galaxy Note 7 caused, Samsung is looking to calm the situation by making its upcoming Galaxy S8 count. The ‘S’ series flagship largely expected to be unveiled in February will have some significant upgrades to lift the mood of its loyalists. The latest leak suggests that the Samsung Galaxy S8 will ... Read More »