The five key components, which are indispensable for any smartphone, cost more than Rs 2,000 even for a budget 3G-enabled 3.5-inch handset.
Effects of the new schemes launched under the Pradhan Mantri Awas Yojana would be felt more in tier-II and tier-III cities, as not many budget or affordable housing projects are in the works in metropolitan cities.
The largest e-commerce entity of China is setting up its first India office -- an indication that it intends to capture a pie of the growing e-commerce market here. Raghavendra Kamath & Alnoor Peermohamed report.
Looking for a way out, property developers deal in banned notes.
While FMCG companies lose Rs 98,928 crore in m-cap, consumer durables stocks are down Rs 20,673 crore since November 8.
Suresh Narayanan, chairman & managing director, Nestl India, shares tips on crisis management.
A fourth of the property market is cash-based and this has affected home sales after high value notes were scrapped.
At 9.5% of sales, Zara offers the best revenue share to Mumbai's posh Oberoi mall. This is the highest revenue share offered by any fashion retailer for an anchor position in a mall.
Lenovo, Xiaomi, Vivo, Gionee lead the onslaught, beating Indian and global brands with smart deals and astute image management measures.
Modi's demonetisation move has hit the real estate market in Delhi and Mumbai
As PM talks of lower lending rates, housing companies prepare to cash in.
Sale of iPhones hits the bottom; firms to postpone new launches; shipment might fall short of 2016 target.
The group has tied up with property developer Ireo for an office complex and M3M Group for a residential project in Gurgaon
Dabur gets nearly a third of its Rs 2,900-crore international sales from Africa
The reason for Trent's success is rooted in its slow and steady approach to expansion. Unlike others, Trent, led by Noel Tata, ensured that each store was profitable before it went on to the next, says Raghavendra Kamath.
While the government's demonetisation move is aimed at curbing under-invoicing, the worry was that retailers would de-stock in the short term, impacting sales.
Talk of a blackout by other news channels in solidarity remained inconclusive because of the heavy news agenda on that day.
Fast-moving consumer goods companies have begun assessing the impact of the rate structure declared on Thursday under the goods and services tax.
"Online portals are also bleeding heavily and have huge accumulated losses. There is pressure from investors to cut down on discounting."
Industry sources said all the iPhone 7 handsets shipped in had been sold out.