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Entry level and refurbished smartphones to see the growth in India
Because of the ongoing coronavirus pandemic and the nationwide lockdown, every business including smartphone sales have taken a hit and are expected to continue even further through 2020. Many OEMs to come out with affordable phones....
Putting mobile phones in essential category may proved to be disadvantageous for offline retailers
Putting mobile phones in any category may disrupt the sale of mobile phones. Last week, the All India Mobile Retailers Association (AIMRA) wrote a letter to the Home Ministry of India, asking them to consider mobile phones...
Rs 50,000 Cr special liquidity facility for mutual funds: RBI
The Reserve Bank of India provided a Rs 50,000-crore shot in the arm to stressed mutual funds by unveiling a special liquidity facility for the sector, days after Franklin Templeton Mutual Fund decided to close six debt schemes....
Xiaomi files patent of 'twisting display' smartphone
In a filing with China's National Intellectual Property Administration, it has been spotted that Xiaomi has patented a smartphone design that shows a twisting display. It is divided into two halves; ...
Dubbed Black Rose Lucy, android ransomware threatens to ‘expose’ porn escapades to the FBI
According to reports there is a new Android ransomware that encrypts files and poses as the FBI to trick into providing credit card information. Dubbed Black Rose Lucy, the malicious app accuses ...
Logistics addresses concerns from service providers over resuming critical operations
Digital freight forwarder Freightwalla, in association with Federation of Indian Chambers of Commerce (FICCI), conducted their second online interactive session on Wednesday to discuss how businesses and logistics service ...
KKR to buy solar energy assets from Shapoorji Pallonji Infra for $204 million
KKR, the private equity giant has given a nod to acquire five solar energy assets of Shapoorji Pallonji Infrastructure Capital (SP Infra) for a sum of $204 million (Rs 1,554 crore). ...
Around 27% startups are either out of funds or on verge of shut down: Report
With the prolonged ongoing COVID-19, lockdown has impacted all businesses, the ones that really have suffered the burnt are startups and small and medium enterprises or SMEs, with less cash on hand are being hit hard. ...
PhonePe gets $28 mn fund from Flipkart
PhonePe has secured $28 million in a fresh funding round from Flipkart and it comes four months after it had raised Rs 585.66 crore from its Singapore-based holding entity....
After FB-Jio deal, Microsoft, Google, Amazon gear up for investment in India: Report
Facebook’s investment of $5.7 billion in Reliance Industries’ Jio has been the talk of the town in last week. This deal is expected to be fruitful for Indian market....