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Home  Business

Business

India’s services sector activity slows down

India’s services sector activity slows down

  • ‘India home to 21 unicorns valued at $73.2 billion’

    “Entrepreneurial activity has picked up in India. In 2020 India was among the top 50 innovative economies," India's Ambassador to the US Taranjit Singh Sandhu said.
  • Global economy to expand by 4% in 2021: World Bank

    Growth is expected to recover to 5.4 per cent in 2021 as the rebound from a low base is offset by muted private investment growth given financial sector weaknesses.
  • OnePlus 9 Pro to support 45W wireless charging: Report

    The OnePlus 9 Pro will also support reverse wireless charging. This feature can be used to charge accessories such as Bluetooth headphones, or a smartwatch, reports news portal Gizbot.
  • Toyota positive about revival in 2021

    The company hopes that January onwards there will be some revival with many customers looking at personal mobility in the post-Covid world.
  • Decoded: Why iPhone 12 costs 21% more than iPhone 11

    In the iPhone 12, Apple's self-designed components including the A14 bionic, PMIC, Audio and UWB chip make up over 16.7 per cent of the overall BoM (bill of materials) cost.
  • RedSeer hires 2 industry veterans to drive retail, tech insights

    Shrikhande is a retail expert with over three decades of experience and has advised a number of private equity companies including Kalaari Capital and Multiples, along with startup CEOs and founders.
  • More than 200mn people used Samsung’s fitness app in 2020

    "In the past year alone, Samsung Health users burned around 3 billion calories and took around 78 trillion steps combined the equivalent of walking from the Earth to the sun and back 200 times," said Samsung
  • Microsoft to shut down Minecraft Earth game on June 30

    "We have made the difficult decision to re-allocate our resources to other areas that provide value to the Minecraft community and to end support for Minecraft Earth in June 2021," the Minecraft team said
  • MP, Andhra rewarded for completing reforms; get Rs 1,004 cr capex boost

    Andhra Pradesh will get an additional amount of Rs 344 crore while Madhya Pradesh has become entitled to receive Rs 660 crore for capital projects.
  • Telangana’s tower density higher than national average

    Kumar informed that the government is committed for the fiberisation of Base Station Towers (BTS) and extend necessary support for the better communicational coverage in the state.
  • SpiceJet to launch 21 new domestic, international flights

    Accordingly, the new flights will commence operations in a phased manner from January 12, 2021.
  • Tata Motors’ new flagship SUV to be branded as ‘Safari’

    "We are confident that the launch of the Safari will once again re-energise the market, amplifying its cult status."
  • Apple’s AR glasses development moved into next phase: Report

    In an internal meeting, Apple said the headset may be announced in 2021 and released in 2022, while the glasses are expected in 2023 at the earliest.
  • Maruti Suzuki adds additional models to ‘Subscribe’ offering

    The initiative allows a customer to use a brand-new car without actually owning it, by just paying an all-inclusive monthly fee that comprehensively covers maintenance, roadside assistance and insurance for the complete tenure.
  • ‘Nearly 95,000 homes sold across 8 cities in Jul-Dec 2020’

    Homes priced over Rs 50 lakh made up around 57 per cent of the total sales during H2 2020.
  • Early inclusion of natural gas into GST fold likely

    Though the dates for next GST Council meeting is yet to be finalised, finance minister sources said its due and may take place anytime after the budget presentation.
  • Dell launches new PCs, monitors

    The company has unveiled Latitude 9420, Latitude 7520, Latitude 5420 at $1,949, $1,649, $1,049 respectively.
  • Axis Bank, Hyundai partner to offer smart financial solutions digitally

    The partnership will allow customers to view process and avail auto loan sanction directly on Hyundai's CTB platform, a company statement said.
  • Sensex pares major gains after hitting record high

    Sensex opened at an all-time high of 48,616.66, and the Nifty50 on the National Stock Exchange touched a new record of 14,244.15 points.
  • As Jack Ma goes missing, China sends a stern message

    This incident took place within months of property tycoon Ren Zhiqiang being sentenced to 18 years of imprisonment. Experts said that this would lead to an environment of extreme uncertainty
  • New residential launches in Hyderabad grow 481% in Q4 2020

    Launches in Hyderabad took a significant hit in Q2 and Q3 2020, as they recorded only 42 per cent and 37 per cent launches respectively, of the 2019 quarterly average. By Q4 2020, with sales also picking up momentum, launches revived, shows Knight Frank’s latest research report.
  • Hyderabad office leasing jumps 640% quarter-on-quarter

    Knight Frank in its latest report showed that the share of Banking, Financial Services and Insurance (BFSI) sector in total transactions went up from 4 per cent in H2 2019 to 30 per cent in H2 2020
  • Titan’s jewellery division logs 15% growth in Oct-Dec

    "The jewellery division has crossed the recovery phase to growth phase and other two large divisions have also moved much closer to the full recovery," it said.
  • Hyderabad among few Indian cities to see real estate resurgence in Q4

    Hyderabad, Pune and Chennai saw a spike in QoQ transacted volumes during Q4 2020 at 459 per cent, 640 per cent, 919 per cent and 227 per cent respectively. Vacancy levels have been the lowest in markets
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