Bigger screens and PC-like features fuel tablet demand, with 12GB models jumping 835% year-on-year in Q1 NEW DELHI: As laptop prices rise, tablet makers are making a stronger play for everyday computing, armed with bigger screens, more memory, keyboards and increasingly PC-like multitasking capabilities.The shift is showing up in what Indians are buying. Research agency…
India’s eased FDI rules for investors with under 10% stakes in Chinese entities attract over $500 million in foreign investment since May NEW DELHI: Govt’s decision to allow companies and funds with under 10% holding of Chinese entities has helped generate over $500 million (Rs 4,895 crore) foreign direct investment since the rules were eased…
Apple may expand manufacturing beyond iPhones in India, while Google could shift more device exports from China, govt says NEW DELHI: India expects Apple to widen its manufacturing footprint beyond iPhones, whereas Google could shift a substantial share of its export-oriented device production from China to India, electronics and IT minister Ashwini Vaishnaw said.Vaishnaw told…
Mid-size SUVs’ market share rises to 18.2% as premiumisation reshapes India’s car market CHENNAI: Indian car buyers’ love for sports utility vehicles (SUVs) is moving up the price ladder. After years in which compact SUVs powered the country’s shift away from hatchbacks and sedans, mid-size SUVs are now taking a bigger slice of the passenger…
Govt conclave flags PSBs’ shrinking CASA share and weaker presence in high-value banking segments NEW DELHI: Public sector banks (PSBs) have rapidly lost market share in the higher value segment of the industry, such as credit cards business, where they are offering lower range card variants and in global capability centres (GCCs), to private and…
PM Modi urges wider use of space technology in agriculture, environment and other sectors as India’s private space industry targets major growth. NEW DELHI: PM Narendra Modi on Friday interacted with chief executive officers (CEOs) and founders of 20 space startups, including India’s leading companies Skyroot Aerospace, Agnikul Cosmos, Pixxel, Dhruva Space, GalaxEye, PierSight, Bellatrix…
BCG CEO says CEOs are adapting to geopolitical uncertainty, AI and faster-changing business environments. NEW DELHI: The element of trade and tariffs is “over-emphasised” and the current generation of CEOs have realised there are other challenges they need to overcome to survive, BCG CEO Christoph Schweizer said at the ET World Leaders Forum Friday. Business…
Govt rules out ethanol diversion as cause of sugar price rise, cites lower output, festive demand and crop damage NEW DELHI: Sugar production during the current season (Oct-Sept) is estimated around 306 lakh tonnes, 11% lower than the initial projection of 343 lakh tonnes for the year by sugarcane-growing states, govt said Friday. It also…
Aditya Birla addresses tariff and investment concerns NEW DELHI: Amid concerns over low private sector investment, Aditya Birla Group chairman Kumar Mangalam Birla Friday said the corporate sector was undertaking capital expenditure at a very fast pace.He said RBI data pointed to growth in bank loans to the corporate sector, which are evenly spread between…
Considering the evidence as a whole, the High Court concluded that the prosecution had failed to prove the charge through legally admissible evidence. The Gauhati High Court has acquitted a man convicted of raping a 24-year-old woman with intellectual disability, holding that the prosecution failed to produce specific expert evidence showing that her condition rendered…
