Rishi Ranjan Kala

Articles By Rishi Ranjan Kala

402 Articles

Indian PC market registers highest Q1 shipments in January-March 2021

IDC said PCs were in high demand because enterprises, SMBs, and consumers continued their purchases. Besides, supply has been inconsistent over the past few quarters and demand continued to outstrip supply for the country.

Key customer wins and better supplies in January-March 2021 helped HP regain the market leading position.

Jaypee Infratech insolvency: NBCC, Suraksha submit revised bids

Before submitting the revised plans, both Suraksha and NBCC held meetings with the homebuyers on May 2 and May 7, respectively, people in the know told FE.

Both NBCC and Suraksha in their revised bids have said they will open customer grievance and redressal centre to handle the issues faced by homebuyers.

Smartphone shipments to be subdued in Q2 2021: IDC India

According to IDC India, while the vaccine rollout at the start of 2021 instilled positive sentiment, the second wave of infections towards the end of March resulted in subdued consumer demand. Thus, the inventory cycle which

‘Covid-19 second wave could impact luxury housing in short term’

There has always been an aspiration for better and luxury lifestyle among the wealthy. It’s no different for digital age entrepreneurs or professionals who’ve created a lot of wealth.

Perhaps they are also investing in real estate assets through fractional ownership. We don’t do such transactions, so we won’t be able to comment.

Data of 80% of adult Indian users compromised in last 4 years: Canalys

“In last four years, at least 80% of the adult population in Bulgaria, Chile, Ecuador, India, Panama, Philippines, Qatar and Turkey have been compromised in single but separate data breaches,” Canalys said in the report,

Large proportions of populations in Brazil, Greece, Hong Kong, Israel, the Netherlands, Serbia, Sweden and the US have also been affected in similar breaches over the last decade, it added.

Fractional ownership fast catching attention of NRIs, HNIs and UHNIs

As Covid-19 posed unprecedented economic challenges for real estate, investors were forced to explore emerging and alternate investment classes like fractional ownership, which though in nascent stages is gaining traction, es

However, small retail investors will refrain from this as the market in India is not regulated. Such investors would prefer a REIT, as it is more transparent and better governed, he said.

‘Covid-induced supply crunch, weak rupee could make smartphones in sub-Rs 15,000 range costlier’

The rupee on Wednesday rose 30 paise to close at 74.35 against the US dollar. Analysts and economists have already pointed out that the second and more lethal wave of Covid-19 has already started to impact the movement of peo

Smartphone market hits record shipments in Q1 2021; second wave threatens to dampen demand in coming quarters

Counterpoint Research said India’s smartphone shipments grew 23% year on year to more than 38 million units in Q1 2021, the highest ever first quarter shipments. New product launches, promotions and financial schemes, as we

“But these numbers should be taken with caution as a second and more virulent wave of Covid-19 is currently on in the country and is likely to impact the coming quarters. The consumer demand will take a hit due to the ongoing Covid-19 wave and subsequent lockdowns,” Counterpoint Research senior research analyst Prachir Singh said.

Senior living a young market

Data suggests that share of elders as a percentage of total population will have increased from around 7.5% in 2001 to almost 12.5% by 2026 and surpass 19.5% by 2050.

Ashiana has five projects across Chennai, Lavasa (Pune), Jaipur and Bhiwadi, Gupta said, adding the company is looking at launching 3-5 projects in Delhi-NCR, Pune and Chennai over the next two years.

Covid-19: Second wave forcing cos to hold real estate decisions, says JLL India

This is also reflected by the rising Grade-A office space vacancy levels, which rose for the fifth straight quarter in Q1 2021. The vacancy levels grew from 12.8% in March 2020 to 14.9% in March 2021.

The overall office market witnessed a net absorption decline of 37% Y-o-Y in Q1 2021 at 5.53 million sq ft (MSF). On a sequential basis net leasing was fell 33% from 8.34 MSF in Q4 2020. Bangalore and Delhi NCR were the only two markets that witnessed an increase in net absorption in Q1 2021 compared to Q4 2020.

Accounting software with audit trail feature: MCA postpones implementation to FY23

The postponement of the rule, a senior government official said, is in view of the Covid situation in the country. “Giving a year’s time to companies will ensure better compliance,” he added.

Most entities in the MSME sector do not have such software. Large companies already use such accounting software.

Second Covid wave likely to hit momentum of housing sales

As the housing sales momentum across top eight markets in India improved for the second consecutive quarter in a row, Knight Frank on Monday said the increasing sales volume was able to check the intensity of decline in price

housing sales

Covid-19 effect on Real Estate: With Work From Home an option, vacation homes near big cities get popular

Covid gave a fresh lease of life to the otherwise flat market for vacation homes in India as a growing number of NRIs, HNIs and high-income professionals are exploring luxury pads within driving distance of metros and nearby

REITable office assets across major cities valued at Rs 2.62L cr

The potential of REIT market in India in 2021 seems bright with both investors and developers expressing optimism following the successful launch of three such vehicles in the country in the last 20 months, which is further h

REIT market

Gaurs Group gets Rs 2,124-cr tenders from NBCC to complete 10,964 Amrapali flats

“We will raise a monthly bill to NBCC depending on the construction done. We are meeting the construction cost through internal accruals and bank guarantees. The projects will be completed within 36 months of the allotment

“We have no large-scale real estate projects as of now and we have sold the majority of our under-construction inventory. In the Amrapali projects, we are only executing it and responsibility of sales lies with the NBCC,” Gaur said.

Residential real estate sales bounces back; housing sales in Q12021 exceed pre-Covid levels

Both consultancies also pointed out the healthy traction in demand for apartments in the mid-income segment, which along with affordable housing, has emerged as the mainstay for residential real estate.

The easing of lockdown restrictions and the vaccine rollout have further helped bring buyers back to the market, he said.

Global tech, trade bodies urge India to debate on equalisation levy

The group of over a dozen global industry bodies including the Information Technology Industry Council (ITI) wrote to the chairman of the Parliamentary standing committee on Finance, Jayant Sinha urging the Parliament to drop

Covid-19 impact: Tablet shipments to grow 5-10% in CY21

WFH and e-learning will continue to drive demand for tablets

The company registered strong growth in CY2020 and also had the largest share in the premium segment (> `30,000), she added.

‘We are confident of capitalising on the upswing’: Pawan Munjal, CEO of Hero MotoCorp

Having clocked its highest-ever volumes in Q3FY21, Hero MotoCorp has utilised the Covid-19 crisis to prepare itself for future challenges. Chairman & CEO Pawan Munjal tells Rishi Ranjan Kala the company is ready to make the m

Earwear shipments hit a record in 2020 as e-learning, WFH boost demand

The category witnessed a 139.3% Y-o-Y growth with 2.6 million- unit shipped in 2020. Noise led the watch category with a 24.5% share in 2020 followed by Realme with a 15.7% share in the year.

In this category, BoAt emerged as the biggest player accounting for one-third of the shipments.

Moving on: Warehousing on recovery path

The sector’s growth story remains intact as growing demand from segments like e-commerce, retail and FMCG is leading companies to concentrate on supply chain risk mitigation and resilience, as well as faster last-mile deliv

Besides, demand from FMCG segment is projected to hit 44 MSG by FY25 from about 17 MSF in FY20.

OTT & VoD data traffic in India grew 1,317% during Covid, gaming rose 1,007%: Ivo Ivanov

Rural data consumption has increased in comparison to urban India, but this figure is only for mobile data usage.

Ivo Ivanov, chief executive officer, DE-CIX

Covid Impact: Tablets make a comeback in 2020

Tablet shipments in India clocks growth in 2020 after declining for 4 consecutive years

On the other hand, Samsung was the top gainer in 2020 as its strong control on component supplies helped to gain a 13-percentage point jump in market share.

‘Covid reinforced need for flexibility & nimbleness’

It is essentially a profit sharing model where landlord was putting in the investment for infra build up.

Amit Ramani CEO & Founder Awfis

Iron Mountain to invest $150 m in Web Werks to boost India biz

Iron Mountain Data Centres general manager (Asia Pacific), Michael Goh said, “India provides an important next step in expanding our Asia Pacific footprint".

“This investment enables Web Werks to expand its operations in its three existing markets immediately and expand into Bengaluru, Hyderabad and Chennai. Web Werks houses six worldwide Points of Presence (POPs), provides 4 megawatts (MW) of existing capacity, supports over 6,000 servers and supports 850 clients,” Web Werks said. (Representative image)

Noida strong competitor to Gurgaon in commercial realty

Nair pointed out that the biggest challenge with Gurgaon is availability of high quality office supply coming in at regular intervals. “As an occupier you cannot wait years for space to come. You need space coming up every

JLL managing director (north & east India) Manish Aggarwal said, “There is huge cost arbitrage when compared to other such office assets in NCR.

Covid-19 Impact: India’s notebook shipments at all-time high level in 2020

The year 2020 ended as the biggest year for notebooks with 7.9-million-unit shipments during the year, a y-o-y growth of 6%. Had the industry not been challenged by component shortages, notebook shipments could have been much

This led to a 6.4% y-o-y decline for the overall PC market in 2020 to 10.27 million units.
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