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Industry Updates

Godrej Properties sells over 2000 Bengaluru homes worth ₹3,150 crore

In Short:Godrej Properties has had a successful launch of its Godrej Woodscapes project in Bengaluru, selling 2,000 homes worth over ₹3,150 crore. They achieved...

Lower tariffs and duties, components PLI to attract global value chains to India: ICEA

In Short:India Cellular and Electronics Association (ICEA) recommends rationalizing duties on mobile phones, reducing input tariffs, and releasing a PLI scheme to attract global...

iQoo Z9 Lite 5G to Launch in India on July 15 with Design Unveiled

In Short:iQoo Z9 Lite 5G is set to launch in India on July 15, featuring a rectangular camera module and a 6nm octa-core MediaTek...

Honor Magic V3, Magic Vs3, MagicPad 2 Launching on July 12; MagicBook Art 14 Coming Next

In Short:Honor is set to launch new flagship products in China soon, including foldable smartphones, a tablet, and a laptop. The Honor Magic V3,...

Realme GT 6 to Launch on July 9 with Teased Rear Camera Design

In Short:Realme will be launching the GT 6 model in China on July 9. The Chinese variant of the phone will have a different...

JK Tyre & Industries anticipates premium tyres to make up two-thirds of contribution by FY26.

In Short:JK Tyre announced a ₹1,400 crore investment in new segments and expanding capacities for Truck and Bus Radials and Passenger Car Radials. The...

AI smartphone sales expected to be slow in India in 2024

In Short:AI-capable smartphones are expected to make up only 4-5% of total smartphone shipments in India this year. Market experts believe smartphones are the...

Fintechs push for policy overhaul in Budget 2024: Seeking regulatory clarity, licensing improvement, tax reforms.

In Short:Fintech startups seek clear regulatory framework to establish recognition, licensing, and supervision. Lack of transparency in licensing processes causing delays in RBI license...

Tessolve, a global semiconductor giant, achieves over ₹1,000 crore in revenue

In Short:Tessolve, a global semiconductor and embedded engineering company, has surpassed ₹1,000 crore in revenue this year. Founded in 2004, the company offers end-to-end...

Citi upgrades Vi to buy, expects telecom firms to see 15% revenue boost with tariff hike

In Short:Recent tariff hikes in Indian telecom firms could lead to a 15% increase in revenue, according to brokerage IIFL Securities. The impact will...

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