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 […]
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 […]
UBON, a gadget accessory & consumer electronics brand, unveiled its collaboration with Matrix Fight Night (MFN), a Mixed Martial Arts (MMA) platform. “The partnership aims to bring together the power of sports and technology to create an unparalleled experience for fans,” the official statement said. According to the statement, Tiger Shroff, UBON’s brand ambassador is […]
Apple has encountered significant hurdles in the production of its highly anticipated Vision Pro augmented-reality headset, leading to major cuts in its production forecasts, according to a recent report by the Financial Times. Citing sources familiar with the matter, the report highlighted design complexities as the primary reason for the setbacks. Launched just last month, […]
Nokia on Friday said it has entered into a new long-term patent license agreement with Apple. This agreement comes as the existing license between the two companies is set to expire at the end of 2023. While the specific details of the agreement remain confidential between Nokia and Apple, it encompasses Nokia’s innovations in 5G […]
Apple Inc’s stock market value has exceeded USD 3 trillion for the first time, buoyed by signs of improving inflation and optimistic projections of the company’s expansion into new markets. On Friday, Apple’s shares climbed 2.3 per cent to reach USD 193.97, resulting in a market capitalisation of USD 3.05 trillion, as reported by Refinitiv […]
Hammer, an athleisure tech brand that appeared on the first season of Shark Tank, has seen extraordinary growth and success post getting a deal on the show. In an exclusive conversation with BW Retail World, the company’s founder & chief operating officer (COO), Rohit Nandwani revealed that at the time of the brand’s episode airing, […]
Mobile components manufacturer SFS, which is interested in setting up a unit by investing Rs 250 crore, has sought 30 acres of land in Karnataka’s Belagavi from the state government. Minister for large and medium industries M B Patil in a statement on Wednesday said that SFS delegates led by CFO of the company Faras […]
Automotive components makers in India is set to register 10-12 per cent growth in revenue during the financial year 2023-24, said Crisil Ratings on Thursday. It attributed the growth to continued domestic growth — buoyed by robust demand from automobile manufacturers and aftersales demand from services. “This is despite exports continuing to remain sluggish,” Crisil […]
Hyundai Motor Company aims to boost its annual electric vehicle sales to 2 million units by 2030, against its earlier target of 1.87 million, in line with rising global demands. Considering that the proportion of global EV production is set to increase from 8 per cent this year to 34 per cent in 2030, the […]
