MOBILITY SEGMENT
Revenue growth to be quite significant for next 2 financial years: Saurabh Gupta, Dixon Technologies
I do not want to give you guidance on any number, but clearly the order book looks extremely healthy, not only across mobile vertical which is the largest trigger for our growth, I think so even IT hardware opportunities looking very promising.
10 Best Selling Mobile Phones of June 2024: Explore brands like OnePlus, Redmi, Samsung and more
If you are struggling to make up your mind about which smartphone to buy, then you are at the right place. Make sure to check out Amazon’s curated list of of this month’s best-selling mobile phones that come with massive batteries, advanced processors and a high-quality camera among other features.
Telecom sector revenue surges 87% to Rs 2.4 lk cr in FY24: Report
Telecom sector revenue in FY24 reached Rs 2,39,900 crore ($29 billion), an 87% increase from its FY19 low following Reliance Jio's market entry and about 40% higher than FY16 figures, according to a CLSA report. This surge reflects the continuing subscriber gains by Jio and Airtel at Vodafone Idea's expense, with Jio and Airtel now controlling 78% of the sector's revenue combined, a figure CLSA expects to rise to 83% by FY26.
Aiming to cross milestone of Rs 1000 crore revenue by FY-27: Rohan Verma, MapmyIndia
There is lot of growth opportunities ahead for MapmyIndia if you look at the areas that we play in, which is maps, IoT and drones. And, it is essentially what we are trying to do every year or every few years is unlock more adjustable markets for ourselves.
Hyundai Motor teases new EV, the Inster
Hyundai teases the Inster, a sturdy yet compact SUV with signature LED lights and pixel-graphic signals. The electric vehicle boasts a range of 355 km and sets new benchmarks in technology and safety features, set to debut globally at the Busan International Mobility Show.
Smallcap EV stock surges 20% after winning a billion-dollar Philippines deal
Shares of small-cap EV manufacturer Wardwizard Innovations and Mobility (WIML) soared by 20% on the BSE during Monday's trading session, reaching the day’s high of Rs 62.71. This surge was fueled by the company's announcement of securing a $1.29 billion contract from a Philippines-based company, Beulah International Development Corporation.
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How brands should inspire politicians to move away from 'divide' and 'drown’ to ‘unify' and 'thrive’
Political parties should be emulating those marketers who have already cracked New India. To narrow-cast our population as a fundamental oneness, courtesy technology and aspiration. Then to engage experientially, with customer-centric regional empathy.
DRI clarifies 10% import duty on component imports, huge relief to industry
The Department of Revenue Intelligence (DRI) has clarified that components attached to the display assembly of mobile phones will attract a combined import duty of 10%, resolving a long-standing ambiguity. This decision affects parts like SIM sockets, side keys, and antennas when included in display assembly kits. This clarification, supported by the Ministry of Electronics and IT and the Prime Minister’s Office, aims to reduce litigation and confusion among manufacturers, customs officers, and the industry since the 2020 imposition of a 10% duty. The move is expected to aid the growth of the mobile phone manufacturing sector in India.
10 Best Redmi Mobile Phones in India (May 2024) for Budget-conscious Consumers
Embark on a journey of technological excellence with the best Redmi mobile phones, where innovation meets affordability. From stunning displays to powerful processors and exceptional camera systems, each device in Redmi's lineup promises an unparalleled mobile experience. Whether you seek seamless performance for multitasking or crystal-clear photography capabilities, these smartphones deliver it all. With a host of features designed to enhance productivity and entertainment, Redmi stands at the forefront of cutting-edge mobile technology, ensuring that every user finds their perfect match.
Realme GT 6T 5G - Grab this newly launched TOP PERFORMER starting Rs.26,999
Introducing the Realme GT 6T 5G, the latest addition to Realme's innovative lineup. Priced from Rs. 26,999, this smartphone offers top-tier performance with advanced features and a sleek design. Perfect for tech enthusiasts and everyday users alike, the Realme GT 6T 5G ensures a seamless experience with its powerful processor, stunning display, and long-lasting battery life. Don’t miss out on this exceptional device, now available at an unbeatable price.
Best Mobile Phones under 20000 in India- June 2024
Embarking on the quest for a new smartphone can be both thrilling and daunting, especially when you're working within a budget. Fortunately, the smartphones market in India offers a plethora of options that deliver impressive features without breaking the bank. In this list, we unveil the top contenders among mobile phones under 20000. From robust camera systems to seamless performance and enduring battery life, these devices pack a punch while remaining wallet-friendly.
10 Best Mobile Phones in India (May 2024) for Optimal Performance and Reliability
Explore the landscape of mobile phones in India, where a plethora of options awaits, ranging from flagship devices boasting cutting-edge features to budget-friendly smartphones offering excellent value for money. Dive into a world of powerful processors, stunning displays, and advanced camera systems with this list of the best mobile phones in India and redefine your smartphone experience. With brands like Apple, Samsung, OnePlus, and Redmi at the forefront, there's something for everyone, whether you are a photography enthusiast, a gaming aficionado, or a productivity powerhouse.
Mahindra to focus more on driving range, tech over price in future electric cars
Speaking to ET, R. Velusamy, president, automotive technology and product development at M&M said while TCO (total cost of ownership) approach to EV development or how much one saves after switching from petrol or diesel cars to EVs may work in the short term for “early adopters”, in the long term, it’s the range, technology and overall experience that will help in creating new market segments and to grow sales.
Cheaper 5G phones chip away at average prices
Flat Average selling prices (ASP) in the March quarter was largely due to a 22% on-year rise in shipments of mass budget phones priced at $100-200 at 16.3 million units, compared with 13.4 million units a year earlier, marking a resurgence from previous quarters.
Lectrix EV to invest INR 100 crore in FY25; plans multiple launches to strengthen EV market position
The company is planning to launch its new 2W model pre-Diwali and one post-Diwali. Pritesh Talwar, President - EV Business at Lectrix EV is optimistic about creating its name in the 2W market as he believes there is enough space to sustain and create a brand image for multiple companies.
10 Best Smartphones Under 15000: Elegant and Powerful Mid-Rangers
This article reviews the top smartphones available for under 15000 rupees, highlighting their key features, performance, and value for money. It covers models from various brands, assessing aspects like battery life, camera quality, and processing power. The guide aims to help budget-conscious buyers make informed decisions without compromising on essential smartphone functionalities.
10 Best Smartphones Under 10000: Performance on a Budget
The article reviews top smartphones available in India for under 10,000 rupees, highlighting features like battery life, camera quality, and performance. It provides a comparison of models from various brands, offering insights into their strengths and weaknesses. The guide aims to help budget-conscious consumers make informed purchasing decisions.
Odisha logs around 61 pc voter turnout in 6 Lok Sabha seats, 42 assembly segments
Odisha recorded a 61.44% voter turnout in six Lok Sabha constituencies and 42 assembly segments. Chief Minister Naveen Patnaik cast his vote at Aerodrome Upper Primary School. The Election Commission data showed peaceful voting with some EVM glitches.
Ashok Leyland to unveil 5-6 new products under LCV segment: MD
Earlier today, Ashok Leyland announced a 16.73 percent rise in consolidated net profit, reaching Rs 933.69 crore in the January-March 2024 quarter, compared to Rs 799.87 crore recorded in the corresponding period of the previous fiscal year.
In the fight between bulls and bears, these set of companies always win: 4 stocks with upside potential of up to 21%
Recently the finance minister, Nirmala Sitharaman spoke about the risk of unchecked explosion of future and option trading. Before that, there was a SEBI study, which mentioned that 90 % of the individuals who trade in future and options ( F&O) end up losing money; only 10% are able to make profit. But there is another side to the story. First is that trade volumes in this segment are only going to rise. Second, what is the common between both the losers and winners? They both brokerage to their stock broker and also pay transaction fees to the stock exchange. So, who is the constant and permanent winner? The stock exchange and the stock broker. Yes, policy makers will bring in more checks, but the hard fact is that those checks will only be partially effective for a short period of time as the turnover in the F&O will continue to rise for the foreseeable future. One can control anything, but not the hope and greed on the street.
V-Mart expects to grow 18-19% this year, says Lalit Agarwal
Lalit Agarwal, Founder & MD of V-Mart Retail, aims for 18-19% growth in a value-driven retail sector. Improved footfalls and consumer demand in smaller towns are observed. Efforts focus on providing best products, prices, and catering to Gen Z preferences. The Limeroad acquisition's impact on online burn and future scale-up plans are under scrutiny.
Hero MotoCorp plans to expand electric model range to increase customer base
Hero MotoCorp expands its electric two-wheeler segment presence with new models and plans for significant growth. The company aims to enter European and UK markets, launch new scooters, and accelerate growth for FY25 and beyond.
Chinese smartphone companies looking to expand their footprint face a loud adversary—Indian retailers
Chinese smartphone brands face retailer backlash in India over low margins, delayed payments, and stock issues. Retailers demand higher margins and timely settlements, impacting brands' offline expansion plans in a shifting smartphone market.
Tata Motors sees a relatively weak H1, set to shed net automotive debt though in FY25
Tata Motors anticipates achieving net automotive debt-free status in FY25 following record revenue, profits, and free cash flows. Its Indian business is debt-free. Despite caution regarding domestic demand in the first half, Tata Motors said it remains optimistic, particularly about the premium luxury segment, aiming for a robust performance in FY25.
Indian smartphone market grows 8-10 per cent in March quarter
India's smartphone market showed growth in 2024, led by Samsung and Apple. The premium segment saw significant expansion, driven by the iPhone 15 series. 5G adoption and post-COVID upgrades are expected to drive further growth.
These 6 bank stocks can give more than 20% returns in one year
Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
L&T Q4 Results Preview: Profit may rise 11% year-on-year; revenue growth seen healthy
L&T Q4 Results Preview: L&T is primed to demonstrate robust growth in Q4 2024, with revenue projected to surge by up to 17% year-over-year (YoY) and net profit by up to 11% YoY. Key drivers behind this performance include a healthy domestic tender pipeline and margin optimization.
Who is Freshworks’ new CEO Dennis Woodside?
Dennis Woodside replaces Girish Mathrubootham as Freshworks CEO amid market concerns. Woodside faces the challenge of steering the company in the CRM sector, focusing on small and midsize businesses, following Mathrubootham's exit.
Ather eyes new round, Nikhil Kamath buys big part of Sachin Bansal’s holding
Sources told ET Ather Energy is also in the final stages of plans to raise $75-90 million (about Rs 750 crore) in primary funding from existing investors. This underscores increasing investor interest in the company and the mobility segment. The company is also approaching new investors.
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