'A credit line on UPI is going to make banks think about credit fundamentally as they digitise the credit process entirely.'
'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'
Auto manufacturers have focused on launching CNG variants of their popular models to meet consumer demand for vehicles with lower running costs.
'It is necessary to have a person at the top who can make strict decisions without hesitation. Modiji has done that.'
The stock of Dixon Technologies (India), the country's largest listed electronic manufacturing services (EMS) player, was up 6 per cent in 10 trading sessions, boosting the gains over the last three months to 21 per cent. The gains came following reports that Dixon will produce laptops in India in partnership with US and Chinese firms under the production-linked investment (PLI) scheme. It recently signed an agreement to make smartphones for Xiaomi India.
In February, Wang Jianzhou, China Mobile's chairman and CEO, told Business Standard at the Mobile World Congress in Barcelona that the company was keen to expand to India. China Mobile has over 450 million subscribers. RCom, which offers CDMA mobile telecom services and started GSM services a few months ago, has over 70 million customers. An RCom spokesperson declined to comment and an email query to China Mobile was unanswered.
Aims to save time in entering infotech retail The MobileStore, the Esaar group's mobile phone retail chain, has announced the acquisition of the operations of Impact Retail Pvt Ltd for an undisclosed amount.
Surat police commissioner Anupam Singh Gehlot identified the arrested accused as Maulvi Sohel Abubakr Timol (27), who worked at a thread factory as a manager and offered private tuition on Islam to Muslim children.
Motorola Mobility's total commitment to Android has created a natural fit for the two companies.
In light of Microsoft's acquisition of Nokia's mobile phone business we take a look at the some of its most iconic creations.
Delhi Metro Rail Corporation (DMRC) has launched top up (recharge) facility of Metro Smart Cards through approximately 800 such ICICI Bank Business Correspondent Network (Outlets), located across the national capital and NCR region.
Japanese electronic companies Toshiba and Fujitsu will merge their mobile phone businesses in October this year.
The mobile units with online facility will visit the houses of clients with thousands of proposals, R Chandrasekharan, CMD, Garuda International, said.
'Now that all the early adopters have the electric car, governments are backing down in some countries because they do not have the money to subsidise so much.'
The unclaimed funds within the life insurance sector are higher from policies sold by agents as against other channels like bancassurance or a digital platform, said analysts and officials from insurance companies. Unclaimed life insurance funds refer to the proceeds of insurance policies including death or survival benefits not claimed by the beneficiary or the policyholder. Bancassurance means selling an insurance product through banks.
In her plea, the victim claimed that a mere reading of the inquiry report with regard to the illegal access of the devices indicates that the authority carrying out the probe "never conducted a fair, free and complete" investigation as directed by the high court.
Telecom operator Bharti Airtel on Thursday posted a net profit of Rs 1,612 crore for the first quarter ended June 2023, which is nearly flat over earnings in the same period of the previous year. The revenue for the just-ended quarter was 14 per cent higher at Rs 37,440 crore compared to the year-ago period "backed by strong and consistent performance delivery across the portfolio", the company said.
Diversified business group Videocon on Wednesday launched nine mobile handsets and said it plans to sell a million devices per month in the country this year.
Fintech firm One97 Communications, which owns the Paytm brand, has received support from merchants, and it assured them of continuity of services without any disruption, the company said in a blog on Sunday. The blog post came amid the recent crisis around Paytm Payments Bank Limited (PPBL), an associate company of Paytm, which has been barred by the RBI from accepting deposits or top-ups in customer accounts, wallets, FASTags and other instruments after February 29.
Making it easier to do business is a key element of our strategy, says Foreign Secretary S Jaishankar.
Experts said the rate hike would improve working capital position of the manufactures as it would correct the inverted duty structure but may lead to increase in price of the finished goods.
A market of 900 million mobile subscribers is simply too lucrative to ignore for brands and businesses.
In numerous instances, family members are unaware of an insurance policy's existence, let alone its details.
Having created businesses ranging from world's largest single-location oil refining complex to nation's largest mobile network operators in just few years, billionaire Mukesh Ambani says his group Reliance Industries Ltd will never be complacent and will grow to be among the top 10 business conglomerates of the world. Addressing employees on Reliance Family Day - the birthday of the group's founder Dhirubhai Ambani, he said Reliance is now aiming to consolidate a place among global leaders in digital data platforms and AI adoption. "Today, the domestic and global environments for business are changing very fast.
The government has prohibited imports of all kind of mobile handsets with fake or duplicate unique identity numbers, a move that will help security agencies in tracking callers using different SIM cards.
There is also lack of mandate from the government on adoption of electric mobility after ambitious talks of moving all new automobile sales to electric by 2030
'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'
Cellular service provider BPL Mobile Communications Ltd launched a new pre-paid calling card, an extension of its existing Mobile on the Spot.
Mobile internet penetration has grown thanks to affordable data costs, investments in content and evolution of monetisation avenues
In Delhi, Kumar's family lives in the Majnu Ka Tila area and they are engaged in small-time business. He said a total of five people got Indian citizenship in his locality on Wednesday. Over a hundred had applied for it, he said.
India's internet subscriber base is 100-150 million, depending on whose estimates you take, and is growing at 20-30% a year.
Microsoft had acquired Nokia's phone business for $7.2 billion two years ago under its then CEO, Steve Ballmer.
Isha's stab at the bottom of the laptop pyramid shows she is a true Ambani.
Lower-paid IPL players, domestic or foreign, should be able to try their luck in other T20 tournaments.
Players such as Micromax and Olive have already launched tablets for the Indian market at a price point ranging between Rs 5,000 and Rs 7,000.
Sales of apparel were a mixed bag this festive season while those of consumer durables saw an uptick with mobiles, laptops, and air conditioners being in demand. In apparel, Tier-2 and -3 markets did better for some brands, because these have been witnessing an uptick for the past 18-20 months compared to metros. "The past two weeks have been good, and we saw a 13 per cent increase in value sales, and volume sales have also been similar," Manish Kapoor, managing director (MD) and chief executive officer (CEO), Pepe Jeans
For 33-year-old Amit Lakhmani, the chief executive officer of Kolkata-based wireless and internet value-added service provider Max Mobility, embarking on a business outside of the then booming manufacturing and services sector was a natural choice.
The digital blackout in Kashmir completed 145 days on Friday with no sign of restoration of the services in near future.
Nearly 665 million Indians or 45 per cent of the rural population did not have access to the internet as of 2023. Difficulty in understanding internet procedures, insufficient awareness of its benefits, and a lack of interest have emerged as the top reasons for a gap in internet penetration in rural India, according to a joint report by the Internet and Mobile Association of India (IAMAI) and Kantar. "The proficiency of English in rural India is very low. While we have content in Hindi, the internet is English-heavy.
