Tag Archives: growth

BMW India achieved a 14 per cent sales growth in 2016

BMW India managed to sell a total of 7861 units in 2016 accounting 7500 BMW vehicles and 361 units of Mini up by 14 per cent over the total sales in 2015. Major contributors to the sales were the 3 Series Gran Turismo, facelift of which was introduced in October, the new-gen X1 and the flagship luxury limousine, the 7 Read More


Panasonic targets 20% growth bolstered by good monsoon, 7th pay commission

Bengaluru: Panasonic India today said it is expecting “tremendous” growth in the consumer businesses, on good monsoon this year and 7th Pay Commission giving boost to consumer confidence for spending. “While we look forward, there is a tremendous growth which we are targeting from consumer businesses, we are?targeting about 20 per cent compared to last year,” Panasonic?India President and CEO Read More


Reliance Jio’s Subscriber Growth Slows, Data Speeds Drop 50%

Reliance Jio Infocomm Ltd. may fall short of the target set by its chairman Mukesh Ambani of adding 100 million subscribers by December 2016. Data now shows that new subscriber additions have dropped after the post – launch frenzy, brokerage firm Motilal Oswal said in a report after meeting the telecom company’s management. New Strategy The country’s newest telecom operator Read More


Panasonic targets 20% growth bolstered by good monsoon, 7th pay commission

Bengaluru: Panasonic India today said it is expecting “tremendous” growth in the consumer businesses, on good monsoon this year and 7th Pay Commission giving boost to consumer confidence for spending. “While we look forward, there is a tremendous growth which we are targeting from consumer businesses, we are?targeting about 20 per cent compared to last year,” Panasonic?India President and CEO Read More


Apple shares rise on chip supplier’s revenue growth

Shares of Apple Inc rose 1 percent on Thursday after German supplier Dialog Semiconductor Plc said its quarterly revenue were higher than expected, adding to recent enthusiasm about demand for the newest iPhone. With global demand for smartphones on the wane, Apple is counting on the iPhone 7 to help wrest market share from rival Samsung Electronics Co Ltd and Read More


‘Economic growth is the means to deliver social justice’

Following a Japanese industrial zone in Neemrana, Rajasthan Chief Minister Vasundhara Raje wants to create exclusive zones for investors from South Korea, China, Russia and Canada. She talks toSahil Makkar about the rationale behind the reforms she has undertaken in the past two and a half years. You recently visited Russia and invited industrialists to invest in Rajasthan. Is there Read More


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Economic growth can help deepen insurance coverage: Arun Jaitley

Finance Minister Arun Jaitley on September 1 expressed the hope that India will become a fully insured and socially secured nation as economic expansion gathers momentum over the years. “As the economy grows faster, I hope we will become a fully insured and socially secured nation over the years, and I am sure LIC can play a very big role Read More


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GDP growth slows to 7.1 per cent on poor show by agriculture, construction sectors

Indian economy grew at 7.1 per cent in April-June of the current fiscal, its slowest pace in the last six quarters, mainly due to slower growth in construction and agriculture sectors and contraction in the mining sector, as per data released by the Central Statistics Office on Wednesday. Manufacturing and electricity growth pick up pace during the April-June quarter. The Read More


GDP growth to remain flat at 7.4% in FY17: HSBC

India is likely to clock GDP growth of 7.4 per cent in the current fiscal and consumption is likely to be the main driver of growth in the foreseeable future, says an HSBC report. According to the global financial services firm, investment cycle revival is not expected to happen quickly or easily and the country is likely to see a Read More