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India Smartphone Market to Cross $50 Billion Valuation in 2025; Apple, Samsung May Lead Growth: Report
India’s smartphone market may cross the $50 billion mark in 2025 and reach its highest-ever valuation, according to claims by a market research firm. This growth is reportedly being driven by a value-centric approach adopted by original equipment manufacturers (OEMs), along with a developing preference in Indian consumers for premium devices with...
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Hyundai India's Shares Fall 1.3% In Debut Trade After Record $3.3 Billion IPO
Hyundai Motor India's shares fell 2% in their market debut today, after a tepid response from retail investors to the country's largest ever initial public offering.
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ZebPay Marks a Decade in India’s Crypto Landscape, Sets Sights on Expanding Retail Market Share
ZebPay has completed ten years of operations in India’s crypto market. Looking ahead, the exchange plans to introduce new features and services aimed at family offices, high-net-worth individuals (HNIs), and institutional investors.
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Harsh Mariwala Drops By Mumbai Supermarket, Reveals He Likes Regular Interactions With Retailers
Marico billionaire Harsh Mariwala recently visited a supermarket in Parel, Mumbai, and shared a glimpse of the same in an X post.
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Indian Shares Rise To Record Highs As Markets Open
Indian shares tracked global equities higher on Wednesday, with the benchmark indexes hitting record highs at the open, after soft U.S. retail sales data reinforced expectations of an early rate cut by the Federal Reserve.
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Ola Electric Plans to File Paperwork for Its $700 Million IPO by End of October: Details
India's Ola Electric plans to file regulatory papers for its up to $700 million (roughly Rs. 5,815 crore) IPO before the end of October as the e-scooter maker fast-tracks its listing move, three people with direct knowledge said. Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion (roughly...
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Pernod Ricard Faces Antitrust Probe In India For Boosting Market Share
India's competition watchdog is investigating Pernod Ricard for allegedly colluding with some retailers in a southern state to hurt competitors, regulatory documents showed, the latest challenge for the French drinks giant in a key market.
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Coinbase Secures US Cryptocurrency Futures Trading Approval: All Details
Coinbase said on Wednesday it had secured approval from the National Futures Association (NFA), a self-regulatory organization designated by the Commodity Futures Trading Commission (CFTC), to offer cryptocurrency futures to US retail customers, scoring a major regulatory win even as it battles a lawsuit from the Securities and Exchange Commission ...
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Xiaomi to Bet Big on Under Rs. 15,000 Device Segment to Regain Lost Market Share
Smartphone maker Xiaomi is betting big on the Rs. 10,000-Rs. 15,000 device segment to regain its lost market share, a senior official of the company said on Friday. Xiaomi India President, Muralikrishnan B said that the company has come up with a reset strategy and will focus to be "India's most loved and trusted smartphones" and IoT brand with "f...
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Flipkart, PhonePe Could Be $100 Billion Businesses in India, Claims Walmart CFO
Walmart's Flipkart marketplace and PhonePe payments business in India could be $100 billion (Rs. 8,19,750 crore) businesses buoyed by strong growth, the retailer's chief financial officer said on Wednesday at an investor conference. Walmart does not break out sales of Flipkart and PhonePe but over the past few months, executives have singled out th...
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Centre Proposes To Sell Up To 3% Stake In Coal India Limited
The government on Wednesday proposed to sell up to three per cent stake in Coal India Ltd through the offer for sale route from June 1. The Offer for Sale (OFS) will be open for retail and non-retail investors on June 1 and 2.
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Electric Passenger Vehicle Market Share in India Doubled in March 2023: FADA
Electric passenger vehicle market share doubled in March 2023. According to the Federation of Automobile Dealers Association (FADA), the year-on-year (YoY) market share of electric passenger vehicles has doubled to 2.6 percent in March, against 1.3 percent in March 2022. According to FADA's data for electric vehicles, retail sales of electric pass...
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Silicon Valley Bank Impact: India's Nazara Technologies Shares Sink 7%
The Silicon Valley Bank collapse is biggest retail banking failure since the global financial crisis in 2008
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Maruti, Hyundai Market Share Falls In February; Tata Motors Gains: Report
As per the retail sales data collated by the Federation of Automobile Dealers Associations (FADA), Maruti Suzuki's retail sales last month stood at 1,18,892 units as compared with 1,09,611 units in February 2022
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Retail Investors Keep Faith On India Stocks Despite Adani Rout
Individual stock investors in India are keeping faith in the country's $3.1 trillion equity market even after a punishing selloff in Adani Group shares threatened to drag down one of the world's best-performing indexes since the pandemic.
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India Smartphone Market to Cross $50 Billion Valuation in 2025; Apple, Samsung May Lead Growth: Report
India’s smartphone market may cross the $50 billion mark in 2025 and reach its highest-ever valuation, according to claims by a market research firm. This growth is reportedly being driven by a value-centric approach adopted by original equipment manufacturers (OEMs), along with a developing preference in Indian consumers for premium devices with...
-
Hyundai India's Shares Fall 1.3% In Debut Trade After Record $3.3 Billion IPO
Hyundai Motor India's shares fell 2% in their market debut today, after a tepid response from retail investors to the country's largest ever initial public offering.
-
ZebPay Marks a Decade in India’s Crypto Landscape, Sets Sights on Expanding Retail Market Share
ZebPay has completed ten years of operations in India’s crypto market. Looking ahead, the exchange plans to introduce new features and services aimed at family offices, high-net-worth individuals (HNIs), and institutional investors.
-
Harsh Mariwala Drops By Mumbai Supermarket, Reveals He Likes Regular Interactions With Retailers
Marico billionaire Harsh Mariwala recently visited a supermarket in Parel, Mumbai, and shared a glimpse of the same in an X post.
-
Indian Shares Rise To Record Highs As Markets Open
Indian shares tracked global equities higher on Wednesday, with the benchmark indexes hitting record highs at the open, after soft U.S. retail sales data reinforced expectations of an early rate cut by the Federal Reserve.
-
Ola Electric Plans to File Paperwork for Its $700 Million IPO by End of October: Details
India's Ola Electric plans to file regulatory papers for its up to $700 million (roughly Rs. 5,815 crore) IPO before the end of October as the e-scooter maker fast-tracks its listing move, three people with direct knowledge said. Backed by investors including Singapore's Temasek and Japan's SoftBank, Ola Electric was valued at $5.4 billion (roughly...
-
Pernod Ricard Faces Antitrust Probe In India For Boosting Market Share
India's competition watchdog is investigating Pernod Ricard for allegedly colluding with some retailers in a southern state to hurt competitors, regulatory documents showed, the latest challenge for the French drinks giant in a key market.
-
Coinbase Secures US Cryptocurrency Futures Trading Approval: All Details
Coinbase said on Wednesday it had secured approval from the National Futures Association (NFA), a self-regulatory organization designated by the Commodity Futures Trading Commission (CFTC), to offer cryptocurrency futures to US retail customers, scoring a major regulatory win even as it battles a lawsuit from the Securities and Exchange Commission ...
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Xiaomi to Bet Big on Under Rs. 15,000 Device Segment to Regain Lost Market Share
Smartphone maker Xiaomi is betting big on the Rs. 10,000-Rs. 15,000 device segment to regain its lost market share, a senior official of the company said on Friday. Xiaomi India President, Muralikrishnan B said that the company has come up with a reset strategy and will focus to be "India's most loved and trusted smartphones" and IoT brand with "f...
-
Flipkart, PhonePe Could Be $100 Billion Businesses in India, Claims Walmart CFO
Walmart's Flipkart marketplace and PhonePe payments business in India could be $100 billion (Rs. 8,19,750 crore) businesses buoyed by strong growth, the retailer's chief financial officer said on Wednesday at an investor conference. Walmart does not break out sales of Flipkart and PhonePe but over the past few months, executives have singled out th...
-
Centre Proposes To Sell Up To 3% Stake In Coal India Limited
The government on Wednesday proposed to sell up to three per cent stake in Coal India Ltd through the offer for sale route from June 1. The Offer for Sale (OFS) will be open for retail and non-retail investors on June 1 and 2.
-
Electric Passenger Vehicle Market Share in India Doubled in March 2023: FADA
Electric passenger vehicle market share doubled in March 2023. According to the Federation of Automobile Dealers Association (FADA), the year-on-year (YoY) market share of electric passenger vehicles has doubled to 2.6 percent in March, against 1.3 percent in March 2022. According to FADA's data for electric vehicles, retail sales of electric pass...
-
Silicon Valley Bank Impact: India's Nazara Technologies Shares Sink 7%
The Silicon Valley Bank collapse is biggest retail banking failure since the global financial crisis in 2008
-
Maruti, Hyundai Market Share Falls In February; Tata Motors Gains: Report
As per the retail sales data collated by the Federation of Automobile Dealers Associations (FADA), Maruti Suzuki's retail sales last month stood at 1,18,892 units as compared with 1,09,611 units in February 2022
-
Retail Investors Keep Faith On India Stocks Despite Adani Rout
Individual stock investors in India are keeping faith in the country's $3.1 trillion equity market even after a punishing selloff in Adani Group shares threatened to drag down one of the world's best-performing indexes since the pandemic.
