BUSINESS
China's Haier plans 3rd plant in India, targets Rs 11,500-cr revenue next year
Haier is the third-largest in the appliances league in India after LG and Samsung. Globally, India ranks as the third-largest market for Haier Group, following China and the US
BUSINESS
Realme sets ambitious 2025 target: Aims for 50% market share growth with mid-to-premium smartphone focus in India
The Chinese mobile handset brand aims to outpace market growth and has set an ambitious target of increasing its market share by 50 percent, from 12 percent in 2024 to 18 percent in 2025.
COMPANIES
DoT likely to issue letters to telcos with bank guarantee waiver terms soon
The move is a significant relief for financially stressed Vodafone Idea
BUSINESS
Dixon, Vivo India to form new manufacturing joint venture in India
Despite their collaboration, neither Dixon nor Vivo India will hold stakes in each other, maintaining their independence outside the joint venture
BUSINESS
Suchi Semicon expects its Surat OSAT facility to generate $100 million in revenue, in talks to acquire new customers
The company is launching the facility with a pilot line capable of producing 300,000 chips daily
BUSINESS
Premium smartphone battle intensifies in India as Vivo takes on Apple, Samsung with X200 Series
Vivo launched the X200 series, comprising X200 and X200 Pro, smartphones in India on December 12. The company, however, decided not to bring the X200 Mini smartphone to India
BUSINESS
Curbing spam: COAI says minimal disruptions expected as SMS traceability kicks in
From today, telcos have started rejecting messages with undefined or mismatched telemarketer chains check spam calls and messages
BUSINESS
Samsung moves High Court to extricate itself from Amazon, Flipkart anti-trust probe
Samsung claims that the cloning of employee phones during the 2022 search and seizure operation was illegal and asks the court to restrain CCI from using the evidence so collected.
BUSINESS
Apple iPhone accessories maker PopSockets plans expansion in India, battles counterfeit crisis
On Apple’s rise in India, the founder said there is a connection between its growth and Popsockets’ visibility. He also revealed that Popsocket’s product availability at Apple Retail India stores has been delayed due to certain challenges, but the company is working on the rollout.
BUSINESS
China’s Xiaomi rules out India launch of electric car; focus on premium smartphones, home devices
As part of its 2025 strategy, Xiaomi is positioning itself as a 'smartphone + IoT' leader and plans to expand its portfolio with new product categories
BUSINESS
Qualcomm sees automotive, PC as new growth areas in India, focusses on premium smartphones: CMO McGuire
McGuire shares that Qualcomm plans to expand its presence in India’s PC and laptop market in 2025 and aims to scale up operations with a broader portfolio of devices
BUSINESS
Customer shift to BSNL from private telcos slowing down amid network quality concerns: Analysts
BSNL offers plans that are considerably cheaper than its competitors, yet network performance issues are deterring long-term customer retention with the state-run operator
BUSINESS
Vodafone Idea's Rs 2,000-cr pref share to clear Indus dues, boost debt-funding talks: Analysts
Vodafone Plc exited from Indus Towers on December 5 by selling a 3 percent stake for Rs 2,802 crore. It will first be used to repay lenders' outstanding of $101 million, and the rest $233 million will partly clear Vodafone Idea’s past dues of Rs 3,600 crore
BUSINESS
MC Interview | OnePlus zeroes in on R&D, quality, retail with Rs 6,000-cr investment, says India CEO Robin Liu
Liu is addressing concerns from offline Indian retailers, which have led to OnePlus's decline since the start of this year due to a boycott in certain southern regions. He notes that India's premium segment is growing faster than the global market, prompting OnePlus to prioritise India within its global strategy
BUSINESS
After Nokia, Ericsson bags 4G and 5G extension deal from Bharti Airtel for India operations
Ericsson will deploy network solutions for to help Airtel customers with wider coverage and enhanced capacity, the company said in a statement.
BUSINESS
Vodafone Idea's revenue market share dropped to record low in Q2: Analysts
While Vodafone Idea's net revenue grew 2 percent year-on-year to $4.7 billion in Q2, its active subscriber base declined 9 percent to 180 million
BUSINESS
Indian wearable brands face exit amid low margins, Chinese resurgence; active brands decline by 30% in Q3
Analysts attribute the trend to falling demand and razor-thin profit margins, which are pushing Indian brands — often reliant on importing white-labelled devices from China — out of the market. In parallel, Chinese smartphone brands are re-entering the space, leveraging the premiumisation trend and their established ecosystems to gain traction.
BUSINESS
After Airtel, Vodafone Idea launches AI-based spam management solution
Vi is developing solutions to reduce spam, including unwanted voice calls, to better protect its users from unsolicited communications, the company has said
BUSINESS
Telcos urge DoCA to fast-track norms to curb spam calls, messages
The department of consumer affairs will have the jurisdiction and capacity to act against all individuals, businesses and platforms involved in sending pesky calls and messages once the guidelines are implemented
BUSINESS
Bank guarantee waiver to enhance Vodafone Idea's ability to secure debt funding: Analysts
Vodafone Idea owes over Rs 24,700 crore in bank guarantees (BG). Airtel and Vodafone Idea together hold BG obligations in excess of Rs 30,000 crore
BUSINESS
Bank guarantee waiver will ease telcos' financial burden, says COAI
The cabinet has cleared a proposal to waive bank guarantee for telecom operators on spectrum purchased before 2022. Telecom operators collectively have bank guarantee obligations of more than Rs 30,000 crore
BUSINESS
India to have 270 million 5G subscribers by year-end, says Ericsson
The country will account for 20 percent of global fixed wireless access market by 2030, the Swedish telecom gear maker has said in its mobility report
BUSINESS
India pivotal in lowering 5G FWA device cost for global markets: Qualcomm executive
The company, which claims to have enabled 80 percent of the 5G FWA connections in India, intends to collaborate with more ODMs to deepen FWA device manufacturing in India
BUSINESS
Nokia phone maker HMD shifting manufacturing hub from China to India, urges suppliers to follow in
The company hopes to gain from the geopolitical situation, expects positive outcomes if the Trump regime imposes stricter tariffs on China due to the ongoing trade tensions between the two countries
