Category Archives: Business

Lenovo,grabs,2nd,spot,in,Indian,smartphone,market:,IDC

New Delhi: Chinese tech major Lenovo has become the second-biggest smartphone brand in terms of value ahead of Apple, Micromax and Oppo with a market share of 9.1 per cent, according to the research firm IDC. Besides, the market share in terms of units sold of the company surged in second quarter, making it the third largest smartphone brand in Read More


Lexus plans for fuel cell vehicles by 2020

Reports state that Lexus is all set to follow Toyota into the hydrogen fuel cell car market, and is expected to come up with a new luxury model that should go on sale by the year 2020. Lexus’ anticipated model would follow the footsteps of the Toyota Mirai, the world’s first commercially available fuel cell car, but will showcase the Read More


Chinese mobile phone manufacturers urged to ‘Make in India’

New Delhi: At a time when India is poised to become a global manufacturing hub for mobile phones and components, Pankaj Mohindroo, National President, Indian Cellular Association (ICA), has asked Chinese companies to partner with Indian firms for setting up a manufacturing base in the country. “We are targeting 500 million mobile phones manufacturing by 2019, along with a robust Read More


Despite boycott calls of Chinese goods, Xiaomi sells 1 mn handsets in India in 18 days

Beijing: Chinese cellphone maker Xiaomi has sold a record one million smartphones in India in 18 days during the Diwali festive season, despite boycott calls of Chinese goods in the country, state media reported today. The Beijing-based company now aims at becoming largest smartphone vendor in India, the world’s fastest growing handset market, in the next three to five years, Read More


Top phones to buy this September

ptember, like always, marks the arrival of Apple’s new batch of iPhones. The Cupertino major, as expected, launched the iPhone 7 and the iPhone 7 Plus earlier this month, along side the new Apple Watch Series 2. The iPhone 7 and the iPhone 7 Plus will be available for buying, in India, starting from October 7. Price starts — in Read More


Progress of EV technology – Evolution of Batteries

It is evident that electric vehicles are going to be future. Germany has its eyes on one million electric vehicles in the country by 2020 and achieving 50 per cent electric car sales in another ten years. The global emission norms are getting meaner by the day and slowly hybrid engines will become mandatory to meet the norms, if not Read More


Hyundai RN30 Concept teaser released ahead of 2016 Paris Motor Show

Hyundai will be unveiling the RN30 concept at the upcoming 2016 Motor Show. Ahead of its showcase event the company has released the teaser images for the vehicle. The concept reportedly previews the N performance version of the new i30 hatchback. The new concept will look different from its regular models, much like its other N-badged models. As seen in Read More


Thyssenkrupp wants active role in any steel mergers

Germany’s biggest steelmaker Thyssenkrupp wants to play a role in any consolidation of the European steel market, which is afflicted by excess production capacity and a weak demand outlook, its chief executive said. “We have clearly said that we consider a consolidation as a sensible and proper step towards a solution. And if such solutions are possible we will play Read More


Five developers approach govt with SEZ cancellation plea

Five special economic zone (SEZ) developers including Abex Infocom have approached the government to surrender their IT sector tax-free zones. The Board of Approval (BoA) chaired by Commerce Secretary Rita Teaotia would take a decision on these applications in its meeting on April 28. All the five zones are from IT/ITeS sector. In all these cases, “formal approval has been Read More


Odd-even 2.0 in Delhi: Real test begins Monday

The Odd-even Phase 2 is all set to debut in the national Capital on Friday. However, the acid test is expected to be from Monday onwards after the city get backs to routine after the weekend hangover. This extended weekend – beginning with Ambedkar Jayanti and Ram Navami – has seen all of Delhi’s and central government offices closed. Markets Read More