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.
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.
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.
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,
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
‘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
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.
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.
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.
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
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
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
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.
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
‘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.
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
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.
Covid Impact: Tablets make a comeback in 2020
Tablet shipments in India clocks growth in 2020 after declining for 4 consecutive years
‘Covid reinforced need for flexibility & nimbleness’
It is essentially a profit sharing model where landlord was putting in the investment for infra build up.
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".
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
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
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