Tag Archives: India’s

Simpler GST turns out to be bad business for India’s tax consultants

MUMBAI: For a newly minted partner in one of the Big Four professional services firms, becoming a stay-at-home dad had never crossed his mind. That, until last month. He had joined the company as a partner in 2016, with a 30% pay hike, from a rival firm. With an eight-figure salary, a chauffeur-driven, high-end German car and a penthouse in ... Read More »

This week in IT: Could the Facebook founder’s recent blog post be an answer to India’s data localisation mandate?

Facebook founder Mark Zuckerberg in his blog post on March 7 spoke about company’s way forward, privacy and data storage among others. Zuckerberg said, “People want to know their data is stored securely in places they trust. Looking at the future of the internet and privacy, I believe one of the most important decisions we’ll make is where we’ll build data centers ... Read More »

Moto C Plus India Launch: Lenovo Wants a Greater Share of India’s Affordable Smartphone Market

HIGHLIGHTS Lenovo brand Moto on Monday launched budget smartphone Moto C Plus It is priced at Rs. 6,999 competing with Redmi 4 Lenovo wants to capture more of the affordable smartphone market in India Lenovo’s Moto brand is accelerating its efforts to cash in on the affordable smartphone (Rs. 6,000-10,000) segment in India with the launch of the Moto C ... Read More »

Internet Trends report underscores India’s mobile obsession, Jio disruption

The volume of wireless broadband data consumed by Indians has risen sharply—from less than 200 million GB a month in June 2016 to around 1.3 billion GB a month in March 2017, according to the Internet Trends 2017 report by Kleiner Perkins. Photo: iStockphoto New Delhi: The volume of wireless broadband data consumed by Indians has risen sharply, from less ... Read More »

Elon Musk ‘intrigued’ by India’s objective of all-electric cars by 2030

File photo of Elon Musk. HIGHLIGHTS Earlier, Piyush Goyal had said the country is looking at an all-electric fleet by 2030 India indeed is at the cusp of being a viable market for selling products which make use of clean energy Carmakers though are looking at electric push with a sense of caution, even as China look to storm in ... Read More »

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 »

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 »