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