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