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Xiaomi, Samsung compromise on profits in the battle for supremacy
The country’s two leading handset companies, Xiaomi and Samsung, seem to have forgone profitability in the battle for supremacy. In the financial year 2018-19 (FY19), smartphone market leader Xiaomi ended up in the red, while runner-up Samsung’s net profit plunged 59 per cent. Read here
India's energy consumption growth falls
Growth in India’s energy consumption and power supply is at a five-year low. Each month this year except June has seen a fall in demand. Read here
FM responds to Rahul Bajaj
Finance Minister Nirmala Sitharaman said the
