Market Share

Why China is pushing Nokia and Ericsson out of its telecom networks

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.

Foreign reinsurers’ share expected to cross 50% in FY26 as domestic incumbents see market share drop 

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

Blinkit, Zepto and Swiggy Instamart scale to over 4 million daily orders in March; more than double YoY

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.

Indian airlines aim to cross 50% international market share mark in 2025

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.

Without Payments Bank, Paytm's UPI market share drops to 9%, lowest in four years

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.

Cement business growth will be through organic, inorganic routes: Kumar Mangalam Birla

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.

Grasim's Birla Opus expects to exit FY25 with high-single-digit market share

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.

MC Interview |Air India Express will have fleet of 180 aircraft by end of 2028: CEO Aloke Singh

Air India Express will take delivery of three new aircraft every month and one additional aircraft every other month in 2024, Singh tells Moneycontrol.

Air India CEO meets CCI chief on pending Vistara merger

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.

STL delivers strong operating profitability, continues customer momentum in Q1FY24

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%.