According to the report by UK-based Juniper Research, many markets where fixed Internet access is limited, cellular phones have already become the dominant means of accessing the Internet. For instance, mobile accounted for nearly 90 per cent of all internet users in the country in 2008 in India.
Indian stock markets are expected to be driven mostly by global factors this week amid a lack of local triggers and earnings season largely coming to an end, say analysts. Crude oil prices, rupee movement and US Federal Reserve meeting minutes to be released this week will also influence the market sentiment. "With the earnings season behind us, global cues would largely dictate the trend in the coming week," Ajit Mishra, SVP - technical research, Religare Broking Ltd, said.
Chipmaker Intel, which last week announced a partnership with watches and fashion accessory retailer Fossil Group to develop wearable devices, is scouting for manufacturers to launch such devices in India.
A sampling of ideas from the next generation of consumers -- and entrepreneurs.