Apple is ramping up its efforts in India’s retail market to boost its revenue this year. The company aims to increase sales from the 200 or so franchisee-owned exclusive retail stores in India. To achieve this, Apple has introduced a global consumer promotion and student discount at its company-owned brick-and-mortar and online stores in India. […]
Shares of Adani Wilmar are expected to be closely watched as the company announced a 15 per cent year-on-year decline in sales attributed to a significant drop in edible oil prices, despite a 25 per cent increase in volumes for the quarter. The edible oil and industrial essentials segments experienced a 15 per cent decrease […]
Amazon, a ecommerce platform, has announced its plan to surpass USD 8 billion in cumulative exports from India by the end of 2023. Since the inception of its Amazon Global Selling program, the company has successfully onboarded 125,000 exporters. Remarkably, more than 1,200 of these exporters achieved sales exceeding Rs 1 crore in 2022. Bhupen […]
Samsung has said that its highly anticipated Unpacked event will take place on 26 July at 7 AM ET. Breaking away from tradition, the event will be held in Seoul, South Korea, as the company showcases its latest generation of foldable devices. With pre-release leaks providing some insights, enthusiasts can expect new iterations of the […]
Nutra Prep, a new startup in the Sports Nutrition space and Nutrabolt, an active health and wellness brand, have signed a strategic deal for India’s manufacture and distribution of Nutrabolt’s ‘C4’ and ‘Xtend’ brand products. As part of the partnership, Nutra Prep will be the exclusive manufacturing and marketing company for ‘C4’ and ‘Xtend’ brands […]
The launch of the low-cost ‘Jio Bharat’ smartphone by Reliance Jio is expected to raise the telecom major’s market share at the lower end of the market, said JP Morgan. In a report titled ‘India Telecom’, JP Morgan said ‘Jio Bharat’ is likely to disrupt the bottom of the pyramid. Reliance Jio on Monday launched […]
Paytm, India’s leading payments and financial services company and the pioneer of mobile and QR payments, on Wednesday announced its business operating performance for Q1FY24. The company has achieved a new milestone in merchant payments with 79 Lakh devices deployed while the Gross Merchandise Value (GMV) for the quarter (for three months ended June 2023) […]
Reliance Jio’s Rs 999 costing 4G phone launch will help the telecom major grab market share among new feature phone sales, including expanding its subscriber base in the 2G segment, said Citi Research in a report. “After Jio’s renewed attempts in Mar’23 at making inroads in the high-end postpaid and prepaid 4G and 5G segments […]
BD Software, a value-added security distributor and VMRay, a cybersecurity solutions provider, joined hands to bring malware analysis and detection solutions to Indian businesses and enterprises. VMRay specialises in providing cybersecurity solutions, particularly in the field of automated detection and analysis of advanced malware and phishing threats. “We included VMRay technologies in our portfolio after […]
Amazon India introduces its first-ever free self-serve product customisation feature, ‘Customize Your Product’ and is now available across a wide selection of more than 10,000 plus products from 76 different categories. This feature offers an intuitive customisation experience that provides visual design tools to customers to personalise products, along with an interactive product preview option […]
