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Tata gets 4-star rating for Zest Right to privacy – now it’s fundamental! 29 per cent jump in TCS revenues IOB on turnaround path Dish TV – subscriber additions encouraging AL secures orders for 3600 buses L & T set bigger ambitions in defence business TVS Automobile invests Rs.75 crore in start-up firms RoC in the dock... Singur minus Nano – victory or folly? Mercedes-Benz sales continue to zoom Solar installations exceed 2015 capacity in five months Titan Company – sales recovery to kick in Eyes strong growth in 2016-17 HPCL plans Rs.61,000 crore capex over 5-years Ponni Sugars (Erode) Ltd: not so sweet 2012-13 Yamaha unveils scooter boutique ITC chairman calls for policy impetus to transform agriculture TVS Srichakra plans capacity expansion Smooth sailing of SAIL Daimler’s truck exports from Chennai cross 5000 units Back in growth mode Shriram Life clocks more than Rs.1000 crore premium in 2015-16 Land wars L & T’s floating dock for navy Tata Motors bets on new launches New India Assurance posts impressive show A niche in FMCG business... PSU non-life firms seek to protect share CAPITAL NOTES From the toughest to the best year LVB posts 31 per cent growth in Q1 net profit Rane targets Rs.5500 crore topline by 2018-19 Are they really independent? Sivasankaran enters taxi space to take on Uber and Ola Smartphone onslaught by Chinese brands Ode to Ratan Tata Daimler grows sales and share in India Kone India eyes further growth in elevator market E.I.D Parry (India) Ltd: another sweet year Housing demand revival Record two-wheeler sales ITC – steep excise hike Maruti – for young buyers L&T bags the Mumbai Trans-harbour link order A welcome initiative-even critics are recognised Toyota and Suzuki to introduce EVs in India by 2020 Hindalco – re-rating Nissan exit shouldn’t affect ALL AL introduces Guru & Partner Wabco launches safety system Welcome focus to improve rural India... Chinese smart phones flourish in small towns too! Emami – a new growth mantra TN government keen on revival of operations at Nokia complex Gamesa to set up a plant in Nellore Hyundai India achieves 7 mn production at Chennai factory Hyundai to focus on SUVs and AMT variants Michelin to double Chennai capacity Bajaj Finserv – Q1: fare well Tata Motors charts investments in PV and CV businesses The unexpected exit Sundram Fasteners rejigs international Preparing for the next growth curve It takes two to tango TI Cycles plans retail expansion to drive sales for premium bicycles Tata Motors joins compact SUV bandwagon with Nexon He excels in the nuts and bolts of entrepreneurship Aurobindo Pharmacy: good turnaround Last stages Consolidating leadership position in smartphones Increasing market share When small is not so beautiful… PPP model for infrastructure development Tata Motors aims to be among the Top 3 global CV & PV firm AL wins Deming prize again V-Guard launches app-enabled water heater system M & M unveils driverless technology for tractors Forging industry worried over lower supply of steel and its price Is this a generation gap? Carnival Films acquiring 3000 screens pan India Vellayan is back, after 150 days Tata Steel, ThyssenKrupp sign MoU to merge European units The gainers and the losers L&T profit up by 11 per cent
 
Chinese smart phones flourish in small towns too!

Chinese vendors have captured more than 20 per cent of the smartphone market in 25 Tier 2 and Tier 3 cities of India,” said Navkendar Singh, Senior Research Manager, IDC India.

“In Tier 2 and Tier 3 cities, China-based vendors are eating into the 4G device share of global brands,” says Varun Singh, Market Analyst, Channels, IDC India.

Price parity between offline and online channels has been a constant concern for the traditional distribution channel.

“While exclusive online models will continue to generate demand, new government regulations forbidding predatory pricing and dominance by a few sellers on the e-commerce marketplace will help bring back the pricing hygiene across channels and a level playing ground for all brands” according to Upasana Joshi, Senior Market Analyst, Channels, IDC India.

Samsung continues to dominate the market space amongst top 30 cities, with 29.7 per cent share in Q1 2016.  Apple continues to dominate the above-$300 price segment significantly, with a share of 52.3 per cent in Q1 2016.

 


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