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