The Chinese smartphone maker's focus on offline retail has helped it overtake Samsung in top 50 cities in India.
With India contributing only 2% to its revenues, the multinational is focusing more on key markets like the US and China.
Revenue share from India has inched up to nearly 0.8 per cent of its global sales. The revenue growth rate is in stark contrast to the firm's performance in volume terms.
Havmor will now make its next journey, across India, under the banner of South Korea's Lotte Group, the confectioner best known for manufacturing and marketing chocolate marshmellow pies under the Choco Pie brand, says Sohini Das.
Just before the elections, the government waived interest on loans up to Rs 300,000 for farmers. But this may not really help small and marginal farmers in the state, who make up for two-thirds of the total and are still dependent on informal channels of credit.
The once-popular brand plans to try its luck in the smartphone market with reliability as its key proposition.
This time food regulators found excess presence of ash content in Maggi
Amneal Pharmaceuticals is set to pip Sun Pharma as the fifth largest generics maker in the US, reports Sohini Das.
Dealers of Tata Motors in most parts of the country have stopped placing orders for this small car in the last three-four months and the showrooms are displaying contemporary models such as Tiago, Tigor, Hexa and Nexon.
Havmor makes 150 products from its two plants and has around 30,000 dealers
YCook can add a year of shelf life to food without the side effects of chemical preservatives.
Many consumer good companies say they will pass on the benefits to consumers, which will bring down prices.
Firms are offering employees flexi hours; demand for air purifiers, masks have skyrocketed.
Nirma detergent brand has shed its affordable tag for a more premium positioning against Surf, as rival Ghadi consolidates its position as a mass-market player.
PepsiCo bets on value-added water by launching vitamin-fortified drinks in a segment that is growing rapidly in India.
Growth over September 2017 in the used vehicles space has been a staggering 40 per cent.
The coming elections seem a tough battleground for the BJP in the wake of anti-incumbency, Patidar and Dalit agitations and implementation of the GST.
Oppo is the second Chinese brand after Xiaomi to secure single-brand retail licence. Xiaomi has now 600 retail partners.
The curious case is of Honda, which has moved up the pecking order while actually losing market share!
The health drink brand from Mondelez walks the tight rope between tradition and trendy to stay relevant.
