Fair trade watchdog CCI has approved Microsoft's proposed $7.2 billion acquisition of Nokia's mobile devices business, citing that the deal would not have adverse impact on competition in the Indian market.
India continues to be the fastest growing smartphone market in the Asia Pacific region.
Market grew 15% YoY in June quarter, sharply lower from 23% in previous quarter and 34% in the same quarter of 2015
India-Pak face-off saw brands pay up to Rs 20 lakh in last-minute spot buying.
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Big brands are keen to tie up with IPL for advertising purposes.
Microsoft has launched the Lumia 830, 735 and 730, priced at 330 euros (about Rs 26,190), 219 euros (about Rs 17,370) and 199 euros (about Rs 15,800), respectively, as it tries to build on its acquisition of Nokia's mobile division earlier this year.
Google Inc on Monday launched the first smartphones powered by its Android One operating system in India, pricing them at around Rs 6,399 ($105) to capture the low-cost segment of the world's fastest growing smartphone market.
How Bajaj, Colgate, Raymonds, Zee lost out.. Strategic errors have hurt many companies, says adguru Sandeep Goyal.
India is the world's third largest smartphone market.
The device, Win 400, is available at Rs 4,979.
Set up in partnership with Compal Electronics, the facility in Greater Noida will have an initial capacity of 60,000 units a month. This will be ramped up to 2,00,000 by the end of December.
The smartphones are priced Rs 6,399 onwards.
According to analysts, most of the growth in the smartphone space will come from existing users, who will be lured to upgrade their handsets as new features and technologies turn existing features redundant, says Arnab Dutta.
In February this year, Nokia had announced the 'Nokia X' family of affordable smartphones, running Google's Android apps, at the Mobile World Congress in Barcelona.
Patent fees will likely squeeze margins, and in turn the company's valuation.
However, the firm continued with its operation in the Indian market.
The Canadian smartphone maker is banking on its platform-agnostic security and software products to make incursions in the market.
Budget smartphones will rule the market in 2015.
The incumbent operators faced the onslaught of free offers and cheaper rates from Jio.
The five key components, which are indispensable for any smartphone, cost more than Rs 2,000 even for a budget 3G-enabled 3.5-inch handset.
The once-popular brand plans to try its luck in the smartphone market with reliability as its key proposition.
Chinese mobile brands are deeply entrenched in the Indian market. A move to bar them may send a bold diplomatic message. But its cost for the local industry is anybody's guess. In the event that Chinese brands face curbs, two handset makers - Samsung and Apple - squarely stand to gain.
If the Delhi HC order stays effective, Xiaomi would lose the fastest growing smartphone market.
Spends by e-commerce players have now touched Rs 1,000 crore.
Indrani and Peter Mukerjea seemed more at ease on Wednesday, maybe with the INX Media interrogation over temporarily, chatting cheerfully and easily amongst themselves, and with former husband Sanjeev Khanna, at the back of the courtroom, in the accused enclosure.
Internal management tensions, stiff opposition from Chinese handset makers led to halving of the company's market share
Micromax accounted for 22 per cent of smartphone sales in India
Among the top five vendors, Micromax (18 per cent) and Lava (54 per cent) were the only ones to have outstripped the market growth.
The struggling smartphone maker has been slashing prices of its handsets in India -- Z30, Z10, Q5, 9320 and 9720 -- to drive sales due to competition from Android, iOS and Nokia's Windows Phone, which have been offering devices at affordable prices.
Since most people in this segment might be using internet for the first time on their mobiles, user experience is important.
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