The revenue from cellular services in India is projected to exceed $37 billion growing by 18 per cent annually till 2012, IT research and advisory firm Gartner Inc says.
After gradually losing its share to exports in the last decade, the dome{tic IT market has rebounded with a 24 per cent growth in the last fiscal as against 17 per cent in software exports, according to Dataquest Top 20 survey.
The latest deal would give Facebook deeper access to India, the second largest internet market after China.
Avenue Supermarts, which runs D-Mart, posted a 47 per cent jump in net profit in the March quarter and its revenue and operating profit went up 41 per cent. The company's chief executive and managing director, Neville Noronha, talks to Raghavendra Kamath about strategy.
However, it could take 3 years before operators are out of the red, given the large investments and tariff wars.
BMW is all set to challenge Merc's No.1 position in India's premium car segment.
The competition which BigBasket faces now is with the big three - Amazon, Walmart, and Reliance.
Consumer electronics major Philips India Limited has embarked upon a paradigm shift in its marketing strategy to arrest falling market share of colour televisions by tapping the rural and semi-urban areas.
During the third quarter of 2007, the overall Indian personal computer (notebooks and desktop combined) market grew 25.1 per cent year-on-year, in terms of unit shipments, to 1.8 million. For the same period last year, desktop PC shipments showed growth of 10.9 per cent.
The partnership will also see the two parties cooperate on technology initiatives, including development of affordable smartphones.
Analysts say large firms in these segments don't need loan recast due to the efficient manner in which many of them operate.
Indian animation industry has a potential to touch earn a revenue of over $1.5 billion by 2005 compared to the current $1 billion
Maradona's inheritance process is likely to be a messy affair between his large family, with eight children from six different partners
All the top action from Day 13 of the 2022 Winter Olympic Games in Beijing on Thursday.
Mahindra & Mahindra Ltd, India's largest sports utility vehicle and tractor maker, is bullish on its latest acquisition of REVA Electric Car Company.
If I could be born again, and I had a head for big numbers, I'd like to be an investment banker in New York. Look at what I would do for a living, says T N Ninan.
Life Insurance Corporation of India and General Insurance Corporation of India are planning to take exposure in Maruti Udyog from the secondary market once the shares in the automaker drop below Rs 115.
Strategic direction post-COVID-19 and further details on asset monetisation are key expectations from the 43rd AGM of RIL, analysts said.
Mahindra & Mahindra said on Thursday it was in talks to assemble and sell sport utility vehicles in China, in what would be the first foray by an Indian automaker into the fast-growing Chinese market.
The Indian market is driven by prepaid connections, which accounted for over 84 per cent in 2006. It is expected to reach 93 per cent by 2011.
Cellular services segment in India, the world's fastest growing wireless market, is expected to more than double to $25 billion by 2011, global consultancy and research firm Gartner has said.
The IT-BPO industry in India has achieved impressive growth rates over the past decade and stood at $71.6 billion in 2009, said the report prepared by KPMG and Asian-Oceanian Computing Industry Organisation.
Ajit Balakrishnan offers a thinking man's guide to the state of ecom in a nation of shopkeepers.
The company is also aiming to increase its market share in the 150cc motorcycle segment to 25 per cent by the end of this year from 15 per cent at present.
This week's collection of unbelievably unusual images from across the world
Global retail giant Walmart has got fair trade regulator CCI's green signal for purchase of Bharti group's almost 50 per cent stake in their Indian joint venture for wholesale stores business.
Last year, the trade could not take place, for the first time since 1992, due to protests in Tibet in the wake of the Beijing Olympics. This year China has not given its permission so far heightening suspense over resumption of the trade at Taklakot mart in Tibet.
