Companies bank on festive season to beat slow market blues
Last year, Apple had shipped close to 2 million units into India, this year, the target is to reach 3 million units
Indians prefer to buy electronic products such as smartphones offline. The reason being the ability to "touch and feel"
Stock crashes 6.5%; top 5 firms lose Rs 33,883 crore in market cap
Analysts cautious on outlook, expect earnings to remain under pressure over medium term.
'In two years there will be consolidation. Look at the Indian brands now. Only three of us are surviving, many others have died. What will differentiate us are two things -- timing of our launches in the market and the communication to the consumer," Narendra Bansal, CMD of Intex, tells Arnab Dutta.
Even after the recent developments at Infosys, both companies are expected to deliver similar revenue growth in FY17
These have been selected based on the earnings growth prospects and favourable (buy) ratings by brokerages
The four 'gaushalas' or cow shelters will work on improving productivity of Indian cows up to 10 times
'I am very optimistic about Tech Mahindra'.
Differences between Bakshi, his wife and McDonald's India emerged in mid-2013.
'India is likely to do better than other emerging markets.'
Analysts, however, said the timing of the infusion was good.
Ash content is now allowed up to 1%, the new notification has proposed to increase it to 2% for seasonings or tastemakers.
After a delay of five months, Ringing Bells managed to dispatch the first lot of Freedom 251 smartphones.
Promoter says he sold a third of his firm to deliver Rs 251 handset.
Artificially intelligent smartphones will be able to offer solutions and suggestions based on user behaviour.
Indian IT players, over the past few years, have pressed the paddle on re-training of their employees as new technologies take centre-stage.
'We are offering one year of free music and three months of free movies to a million users through MIUI8.'
According to the company, 200,000 handsets have already been shipped in the country for the first phase of delivery.