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What exactly is wrong with China's 'Apple' Xiaomi?

Although it crossed US $1 billion in revenue in 2016 within the first two years of its operations in India, Xiaomi -- once touted as the "Apple" of China -- has slipped to fourth spot back home as the...

Alibaba joins fight against counterfeits

China's e-commerce giant Alibaba said on Tuesday that it has joined a group of 20 brands to fight counterfeit goods using data analysis. Alibaba said it was the first alliance to fight counterfeits and it includes both Chinese and international...

Govt not in favour of special concessions to Apple to set up India plant

According to news agency PTI, the Commerce and Industry ministry is not in favour of extending concessions to US-based iPhone maker Apple for setting up manufacturing unit in India as no other firm has asked for any incentive, Government...

China's Xiaomi to open 1,000 retail stores by 2020

Smartphone and media device maker Xiaomi, which has till now largely focused on an e-commerce strategy, now plans to venture into physical retail. On Sunday, Xiaomi Corp announced plans to open 1,000 stores in three to four years, instead of just...

China's Huawei to begin manufacturing in India from October

Joining the bandwagon to Make in India, Chinese technology major Huawei on Friday announced to manufacture smartphones in the country in collaboration with leading sketch-to-scale solutions provider Flex. Starting from the first week of October, the Flex plant in Chennai...

Apple faces revenue decline even after iPhone 7 launch: Report

Apple will post the first annual decline in iPhone shipments despite the launch of iPhone 7 in September, said a study, adding that India has emerged as a hot smartphone market and Apple must look seriously into making further...

Smartphone sales grew 4.3pc globally in 2016 second quarter: Gartner

Sale of smartphones to end-users totalled 344 million units globally in the second quarter of 2016 -- a 4.3 per cent increase over the same period in 2015, market research firm Gartner said. Overall, only five smartphone vendors from the...

Intex stores strive to take retail to a whole new level

At a time when big-ticket retailers are scrambling to grab a share of the online pie, and rolling out robust Omnichannel strategies, homegrown handset maker Intex Technologies went back to the basics and decided to strengthen its distribution network with offline branded...

Samsung, Apple dominate top-end smartphone category in India

Samsung dominated the high-end smartphone category in India in 2015 with a market share of 44 per cent, followed by Apple with 27.3 per cent, even as new entrants such as OnePlus created a wedge in the market with...

Smartwatch Pebble enters India, to sell 1 lakh units a year

Smartwatch maker Pebble on Thursday announced that it is going to enter India's growing wearables market. The watchmaker aims to sell one lakh units in the next one year. Pebble has partnered Amazon to launch smartwatches priced between Rs 5,999-15,999. It is bringing four...
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Honasa board approves amalgamation of Fusion Cosmeceutics, Just4Kids with it

Fusion Cosmeceutic's standalone revenue was Rs 76.61 crore and Just4Kids had revenue of Rs 4.05 crore on December 31,...
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