Tag Archives: Market

Micromax Plans to go into China’s phone market subsequent yr

Micromax Plans to Enter China’s Smartphone Market Next Year Indian domestic handset manufacturer Micromax has plans to enter the Chinese smartphone market next year, Co-Founder Vikas Jain confirmed. Speaking at the Rise technology conference in Hong Kong, Jain also hinted that it may go public in two years which will help Micromax raise money for adding various services to its ... Read More »

BlaBlaCar Says India Could Soon Be Its Biggest Market

Paris-based BlaBlaCar expects up to 10-fold growth in number of rides on its platform in India as more people turn to ride-sharing for long distance travel. The company, which launched its services in India in January last year, has already seen one million seats being offered through its platform in the country. “Ride-sharing is definitely gaining traction world over including ... Read More »

Double-Digit Growth in Indian Smartphone Market to Continue: Gartner

While the global smartphone market is set to see a decline this year, India, buoyed by aggressive smartphone launches and a huge consumer base, is likely to witness double-digit growth in 2016 as well as in the next two years, says a new report. According to information technology research and advisory company Gartner, sales of smartphones in India will reach ... Read More »

Global Smartphone Market Growth to Be Lowest Ever in 2016 – Gartner

Global smartphone sales are expected to grow in single digits in percentage terms for the first time ever and PC shipments are forecast to decline in 2016, according to research firm Gartner Inc. Gartner said on Thursday it expected smartphone sales to grow only 7 percent to 1.5 billion units in 2016 from 2015, stunted by flat sales in the ... Read More »

Top Seven Companies Add Over Rs 1 Lakh Cr in Market Valuation

New Delhi: Amid a strong broader market trend, seven of the top-10 companies saw their cumulative market valuation zoom by a whopping over Rs 1 lakh crore last week. During the week, the Sensex surged by 1,492.18 points to end at 24,646.48, its biggest weekly gain in four years. Barring Sun Pharma, HUL and ONGC, rest seven companies led by ... Read More »

US Jobless Claims Rise, But Labor Market Firming

Washington: The number of Americans filing for unemployment benefits unexpectedly rose last week, but the underlying trend continued to point to a strengthening labor market. The labor market’s resilience was reinforced by another report on Thursday showing announced layoffs by US companies tumbled 18 per cent in February. The signs of sustained labor market strength were the latest indication the ... Read More »

Amazon Sizes Up UK Restaurant Delivery Market

Amazon.com Inc has begun surveying UK customers about their use of restaurant delivery services, in what analysts said was likely the first step in an international expansion of a business it rolled out in the United States last September. In recent days, the online retailer sent its customers surveys, seen by Reuters, asking about the frequency and cost of customers’ ... Read More »

Royal Enfield Plans to Ride into Brazilian Market

New Delhi: Niche bike-maker Royal Enfield is looking to gain entry into Brazil, the largest market in Latin America, and establish itself in major markets like Indonesia and Thailand as part of its plans to become a leading player in the 250-750 cc segment globally. “Currently, we are looking at Latin America and South East Asia regions for our growth ... Read More »

Indian Smartphone Market Seen to Be Maturing With Falling Demand: Survey

Country’s smartphone market is showing signs of maturity as lesser number of consumers are planning to buy new devices in the next one year, says a survey. “Smartphone market has reached maturity…the percentage of consumers planning to purchase a smartphone in the next 12 months has dropped from a peak of 80 percent in 2014 to 68 percent,” the survey ... Read More »

Swiping for BFFs: Dating-Style Apps Are Breaking Into the Friendship Market

If you’re in your 20s or 30s, the idea of swiping right to find your next date sounds pretty unsurprising by now. But what about swiping to find your next best friend? Looking at a photo of another woman with some details about who she is and what she likes, and in an instant deciding whether she has friend potential? ... Read More »