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Home  Business

Business

Xiaomi overtakes Apple in global smartphone shipments in Q3: IDC

Xiaomi overtakes Apple in global smartphone shipments in Q3: IDC

  • Telangana unveils Electric Vehicle and Energy Storage policy

    The policy offers 100 per cent exemption of road tax and registration fee for the first two lakh electric two-wheelers purchased and registered within the State.
  • Amazon reports 37% growth in sales, expects bumper holiday season

    The company's cloud arm Amazon Web Services (AWS), generated sales of $11.6 billion for the quarter, up 29 per cent.
  • Sensex jumps over 200 points in early trade; Nifty tops 11,700

    NTPC was the top gainer in the Sensex pack, rising around 2 per cent, followed by Nestle India, HCL Tech, ONGC, SBI, M&M, TCS and Reliance Industries.
  • Apple sets September quarter record in India: Tim Cook

    Third-party data from market research firm Canalys earlier reported that Apple shipped over 8 million units in the July-September period in the country, registering double-digit growth.
  • Is Jeff Bezos considering purchase of CNN?

    Although there is no official confirmation of even the start of any formal or informal talks for such a potential deal from any party, some media investment bankers feel that the sale of CNN
  • Ketto seeing surge in medical crowdfunding

    Varun Sheth, CEO & co-founder Ketto.org told Telangana Today, “In the initial two years of our operations, we focused on startups, ideas and businesses. We gradually shifted our focus to social and non-profit purposes.
  • Airbus reports new pandemic losses

    We will have to live with the circulation of the virus for long period of time,” he said. “Yes, it's making our life a bit more difficult, but these kind of measures which by the way, are necessary
  • Volkswagen returns to profit as global auto markets recover

    Car sales in September increased over the same month a year earlier for the first time this year, by 3.3 per cent. A key driver of the rebound was China, Volkswagen Group's single largest market, where sales rose 3 per cent over the entire July-September quarter.
  • Unicommerce enables omnichannel selling for retailers on Flipkart

    Retail brands using Unicommerce's omnichannel solution will be able to enjoy higher customer visibility and sell efficiently on Flipkart by getting a Flipkart Assured tag, the company said in a statement.
  • IT major Cognizant Q3 income down 30%

    For the September 2020 quarter, Cognizant's revenue was almost flat at $4.2 billion, including a negative 130 basis points impact from the exit of certain content services, Cognizant said in a statement.
  • Samsung Galaxy S20+ best-selling 5G phone in 2020 1st half

    The Galaxy S20 Plus, which was launched in February, took a revenue share of 9 percent in the global 5G smartphone market in the first half of the year, according to market researcher Strategy Analytics.
  • BP Plc pitches for infra sharing with cos like ONGC

    Speaking at the India Energy Forum of CERAWeek, BP's India head Sashi Mukundan said policy and decision making must support raising domestic oil and gas production by adopting best international practices.
  • Tech Mahindra bags Rs 400 cr contract from HAL

    Project Parivartan is a comprehensive business integration exercise driven to achieve a centralized ERP for HAL. This exercise will enable HAL to adopt some best practices being followed in the similar industries globally.
  • Zydus Cadila gets nod from USFDA to market diabetes drug

    The drug will be manufactured at the group's formulation manufacturing facility at the SEZ, Ahmedabad, it added. Dapagliflozin is indicated as an adjunct to diet and exercise to improve glycemic control
  • Laurus Labs Q2 net profit up 325% year-on-year

    The company’s revenue for the first half of the fiscal went up to Rs 2,113 crore, up 67 per cent Y-o-Y, while net profit jumped 475 per cent to Rs 414 crore Y-o-Y.
  • Shapoorji Pallonji submits plan for separation from Tatas

    Tata Sons is effectively a two-group company, with the Tata Group comprising Tata Trusts, Tata family members and Tata companies holding 81.6 per cent of the equity share capital
  • Nokia profit up, new CEO pledges to boost 5G investments

    The Espoo, Finland-based maker of new-generation 5G mobile and other networks said Thursday that net profit for the July-September period was up 14 per cent at 305 million euros ($358 million).
  • ‘Term plans becoming key products’

    Policybazaar.com surveyed more than 22,726 insurance buyers who used the company's mobile application between September 10 and 25, 2020, it said.
  • Geojit partners with Stockal to launch global investment platform

    Geojit has partnered with New York-based global wealth management services platform Stockal, to develop the AI-powered global investment platform which helps investors diversify their portfolio
  • Bharat Petroleum Corp Limited Q2 profit jumps 58%

    We had excellent results both physical and financial. First-quarter refinery performance was dismal due to Covid-19 lockdown. Our strategy of buying crude oil prices at low prices in May and June
  • Eight core industries’ output contracts 0.8%

    The production of eight core sectors had contracted 5.1 per cent in September 2019, data released by the Commerce and Industry Ministry showed on Thursday.
  • Global gold demand falls in July-September

    "Demand for gold dropped to 892.3t in Q3 - its lowest quarterly total since Q3 2009 -as consumers and investors continued to battle the effects of the global pandemic," it said.
  • Samsung sells 88 million handsets in Q3, India a shining spot

    Sales increased in tablets and wearables including the Galaxy Tab S7, Galaxy Watch3 and Buds Live also contributed to the profit growth in the third quarter.
  • TITA hails the new revenue act

    TITA Global President Sundeep Kumar Makthala said that the new Revenue Act will usher in a new revolution in the administration.
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