China has tightened restrictions on European telecom firms Nokia and Ericsson, subjecting them to lengthy national security reviews, reducing their market share to 4% in 2024, and boosting Chinese rivals like Huawei.
With overseas players rapidly expanding their footprint, domestic incumbents such as GIC Re maybe seeing their market share erode, due to regulatory changes, competitive pricing, and the burden of unprofitable crop insurance
The top five quick commerce firms delivered a total of 4.8 million orders each day in March, the data sourced by Moneycontrol showed. From December 2024 to March this year, Zepto and Blinkit added fewer newer customers while Swiggy's standalone app Instamart grew, as per Sensor Tower.
IndiGo has internally set a target to cross 15 million international ticket sales in 2025, Air India is eyeing 20 million international passengers in 2025, senior executives from both airlines told Moneycontrol.
NPCI started sharing UPI apps transaction volume and value from April 2020 and this is Paytm's lowest market share. The mobile payment app hit by the regulator's action has also seen its transaction value market share drop to 6.7 percent.
The competition heated up in the Indian cement industry after Adani's take over of Ambuja Cement and ACC Ltd., which placed Adani in direct competition with UltraTech. Analysts expect the war for market share to continue and may lead to price wars even as new capacities are added.
The comments come as industry players are betting high on the decorative cement business amid expectations for the sector to grow to Rs 1 lakh crore in the next five years.
Air India Express will take delivery of three new aircraft every month and one additional aircraft every other month in 2024, Singh tells Moneycontrol.
The CCI’s scrutiny comes amid growing concerns within the industry about a duopoly, with a merged Air India-Vistara and IndiGo controlling more than 75% of the domestic market as smaller rivals such as SpiceJet and Go First struggle.
Amidst global headwinds, STL delivered a strong 42% YoY EBITDA growth on the back of a relentless focus on operational efficiencies, while its PAT surged by an impressive 156%.
Zomato’s users can now build carts from up to four restaurants and eventually order from the eatery of their choice. Further, after checking out one cart, users can come back and complete orders from the remaining carts as well.
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While Rs 2 may seem like a small amount, it would create a large enough corpus for Swiggy to reinvest back into its business as it delivers over 1.5 million orders each day, analysts said
Lundmark said Nokia saw another year of growth ahead in 2023, in sharp contrast with its main rival Ericsson.
The strategy from the new CEO is likely to take a longer time, given that oral-care penetration has already reached 85-88 percent.
beatXP Business Director Ashish Dhuwan told PTI that the company has garnered an average sale of Rs 1 crore per day during the limited launch about 10 days back which gives it a confidence to comfortably achieve the set target. Founded in late 2021, beatXP's consolidated business has crossed the Rs 100 crore mark.
At current valuations, the overhang risks from further selling by existing pre-IPO shareholders of Paytm are overdone, Citi says.
Order inflows increased at IT companies despite a reduction in global spending on IT and business services in the September quarter
Presently, the company's overall market share is under 45 per cent and the target is to lift it to 50 per cent.
Tata Consumer on Wednesday reported its first-quarter earnings with overall a good set of numbers on strong food & beverages business as tea offset inflationary pressures in salt.
The Korean phone maker, however, led the growth in the 5G phone category with 28 percent market share in that segment, according to the report
SBI Life clocks strong growth in revenue and unit sales. Max Life sees sequential recovery in market share
Indian IT firms such as TCS and Infosys are consistently growing faster than the global IT services industry but their market share gains are notably lower than Accenture
The new MD & CEO presented his long-awaited plans for the company. It’s a simple strategy that can be difficult to execute and with no big-bang announcements to distract. It requires a radical shift in mindset and how the company has done business
SBI Life Insurance continues to outpace the life insurance industry's growth, and has gained share in this fiscal so far