A report has revealed that Flipkart, a Walmart group firm, continues to dominate the Indian ecommerce segment with a substantial 48 per cent market share as of FY23. Boasting a 21 per cent year-on-year (YoY) growth in its user base, Flipkart outpaces the industry’s overall growth. The report indicated that mobile and apparel are the […]
The global smartphone market is expected to decline for the full year of 2023, plummeting to its lowest level in the past decade. According to the latest report, the primary reason behind this drastic downturn is a notable shift in device replacement patterns, especially within developed markets. The Counterpoint Research report revealed that the third […]
Telecom company Bharti Airtel on Monday said it has prepaid Rs 8,024 crores to the Department of Telecom towards prepayment of deferred liabilities pertaining to spectrum acquired in an auction held in 2015. The liabilities which were prepaid had an interest rate of 10 per cent, Airtel said in a statement. Airtel, in the statement, […]
India is currently on its way to dominating the mobile manufacturing landscape. Prime Minister Modi said that India has become the second-largest producer of mobile phones in the world. India’s infrastructure, favourable government policies and large talented workforce have attracted giant global corporations. The biggest smartphone company, Apple is turning to India to manufacture its […]
