Page 32 - Surajeet Das Gupta

Apple likely to corner 39% share of Rs 1 lakh-plus smartphone segment

Apple has been able to grab a larger share of Indian premium smartphone market segment, while rival Samsung has seen a relative fall in its share in the same segment

India on course to become 5th-largest market for travel and tourism

In outbound travel, India will be behind only the US, China, Germany and the UK but ahead of Italy, South Korea, Australia, Canada and France, to name only a few

Zepto claims 2nd spot in monthly active customers, surpasses JioMart

In contrast, Tata-owned BigBasket lost ground, seeing a 3 per cent decline in M-o-M MAU in November, and DMart Ready decreased by 2 per cent

Apple Inc requests more time to comply with EU norm in older iPhones

Claims that putting in a universal charging port in older models will adversely impact its PLI targets

To meet EV target, OEMs need to rev up entry segment: Bain & Company

Achieving the target requires EVs to grow more than tenfold in volumes in the next six-seven years with penetration going up from the current 5 per cent to 40 per cent by 2030

Samsung set to dislodge Xiaomi as top smartphone player by volume

Counterpoint estimates that Xiaomi will also be behind its Chinese competitor, Vivo, which has marginally increased its market share from 16 per cent in CY22 to a projected 17 per cent in CY23

Japan firm TDK Corporation to make iPhone Li-ion battery cells in India

Commercial production to supply cells to Apple is expected to begin in the next 12-18 months

Quite a fast charge: Indian smartphone users world's top data consumers

The research is based on Ericsson's Mobility Report for 2023, which was released globally on Thursday

Rural push helps Bharti Airtel close in on Reliance Jio in AGR share

Currently, Reliance Jio's AGR market share is 41.6 per cent while Airtel's is at 37.2 per cent

Hero Electric seeks to settle Rs 140 crore penalty imposed by MHI

As a result, Hero Electric has made it clear that it, too, is willing to make a similar settlement of any violations that the ministry might ascertain after examining its case

$5 bn & counting: iPhones consist 62.5% of India's smartphone exports

In the first seven months of FY24, iPhones accounted for over 62 per cent of the total smartphone exports. The rest came from Samsung and other brands

1 mn electric 2-wheelers sales target for FY24 hit by tepid festival sales

Slack festive season sales throw a spanner in the throttle

PLI scheme 2.0: Dixon Technologies commits output worth Rs 45K crore

Company also in talks with Lenovo to be their contract manufacturer

Indian consumers ready to pay 20% premium for sustainable products: Survey

Bain Global Consumer Lab surveyed over 23,000 consumers in 11 countries for The Visionary CEO's Guide to Sustainability

India's loss, Vietnam's gain: Apple's Chinese vendor changes plan

Component maker redirects investment of $330 mn

Over Rs 300 crore FAME-II subsidy stuck on Aadhaar card, RC mismatch

Auto companies, especially makers of electric two-wheelers, say that in such cases the government has been withholding the subsidy for months, without offering any resolution on the issue

Motown stares at fresh round of reset in season of electric vehicle rush

Failed to meet earlier target, many firms shifting focus to exports from India

India's FDI share gain more than others in its backyard, shows data

But total FDI into India down 22% at $46 billion in FY23, according to the RBI

WeWork India likely to buy back 27% from bankrupt global business

While WeWork struggles, Indian firm's valuation has shot up

Japanese investment giant SoftBank may partially exit Ola, Swiggy, FirstCry

Investment giant hopes to rake in handsome returns