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    • Oct-Dec sales may fall 25% due to demonetisation: Coolpad

      "While the month of October saw significant jump in sales during festive season ie October, November has seen a significant fall on account of the demonetisation announcement," Coolpad India CEO Syed Tajuddin told PTI.

    • Handset prices can go up 7-8% in GST regime: Coolpad

      While the GST rates are yet to be announced, handset makers are concerned that the regime may result in concessions currently offered by different states coming to an end.

    • Coolpad to set up R&D centre in Bengaluru

      "We are looking at setting up R&D centre in Bengaluru. We expect to start after Diwali and it would be fully functional before the end of the year...We expect to have about 85 people to begin with," Coolpad India CEO Syed Tajuddin told PTI.

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