The online strategy cuts down on marketing and distribution costs, allowing Xiaomi to sell feature-rich phones at low prices.
Feedback from telecom members indicated a 10 per cent increase in traffic, but no fears of choked networks. Telcos currently use 65-70 per cent of the network capacity. In other words, they have enough additional capacity to handle the new pressure without clogging the system.
N R Narayana Murthy, chief mentor of Infosys Technologies, on Friday supported the joint venture between Bharti Enterprises and Wal-Mart saying the Indian partner would benefit from the world's largest retail chain's expertise and technology.
Getting an assurance from the Apple CEO on manufacturing in India will mean much to the NDA government.
The stipulation that new front-end stores will have to be set up will impact M&A in the sector.
Voice calling will be free on Jio phones for life and post December 31, 10 data plans will be offered
Modelled loosely around the National Highway System of the US, he in 2001 launched the Golden Quadrilateral and the North-South & East-West Corridor projects to build 4/6 lane highways between four top metropolitan cities of Delhi, Mumbai, Chennai and Kolkata as well as from Srinagar to Kanyakumari and Porbandar to Silchar.
Government to examine whether rules and regulations were adhered to in the Bharti-Wal-Mart retail deal, says Commerce Minister Kamal Nath.
Three stockmarket experts give their best picks for the New Year.
The US retail giant operates 20 wholesale stores under the brand 'Best Price' in India.
Bonanza for customers in days of liberalisation.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Other gainers included Kotak Bank, HCL Tech, ONGC, Asian Paints, Vedanta, HDFC Bank, Bajaj Finance, Maruti and TCS, gaining up to 1.41 per cent. Sun Pharma was the top loser, cracking 8.58 per cent.
Investors brace up ahead of the key macrodata- IIP and CPI numbers due to be unveiled tomorrow.
Ambani's $15 bn bet will upend Indian telecom
Infosys, Reliance Industries, TCS, HDFC, HDFC Bank, Maruti, SBI, IndusInd Bank and Kotak Bank led the gains on the Sensex, rising up to 2.53 per cent.
The aim of the exercise was to further simplify GST forms and make the filing process more user-friendly, the finance ministry said in a tweet, reports Dilasha Seth.
While Unilever has been aggressive, both organically and inorganically in the country, P&G's approach has been about achieving 'balanced growth' in terms of top line and bottom line.
All major sectors -- real estate, e-commerce, IT, retail and consumer products, healthcare -- saw new all-time highs in value invested.
All costs relating to room, boarding, nursing expenses, medical consultation including telemedicine, consumables such as PPE kits and intensive care unit will be covered under the policy. It will also include the cost of treatment for any other co-morbidities, including pre-existing comorbid conditions along with the treatment for Covid-19.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Airtel acquired African telecom operator Zain in 2010 for $10.7 billion.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
In the broader market, the BSE Midcap index bucked the trend to gain 0.3%
Many users did not know that their entitlement was not coming to their regular bank account but going to an account which they had not applied for.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
While the world's largest retail chain is calling it a promotion, experts said the group may be looking at a new growth strategy for Asia.
The company commands a market valuation of Rs 31,702.37 crore (Rs 317.02 billion).
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Mukesh Ambani said the Digital India initiative has the potential to transform the lives of 1.2 billion Indians using the power of digital technology.
The debate on net neutrality has turned into another fight between ordinary folks and a large corporation.
The government will initiate fresh action against Walmart if an ongoing 'foreign corrupt practices' probe by US authorities reveals any violation in India by the global retail giant.
The government is scheduled to release index of industrial growth for November and consumer price inflation for December later today.
In Friday's market rally post the corporate tax cut, the country's top business promoters recouped more than two-thirds of the losses that they suffered in the post-Budget sell-off in equity markets.
While most others have not been able to replicate the WeChat model successfully, experts expect Jio to be able to score on its 300 million plus new mobile phone users.
The laggards in the Sensex kitty were Vedanta, Tata Steel, M&M, HCL Tech, Bharti Airtel, Maruti Suzuki, L&T, Asian Paint and HDFC
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