According to Asim Warsi, the company is focusing on multi-dimensional strategies to counter the growing competition, especially from the Chinese players.
As Samsung heats up the smartphone market with two new offerings, the South Korean giant is looking to grow its business across channels as the year progresses.
Samsung unveiled 'Level In ANC' earphones with Active Noise Cancellation (ANC) in India for Rs 3,799.
After registering 27 % growth in mobile business revenue for the financial year 2016-17 touching a mammoth 34,300 crore.
Bullish on its robust growth in the Indian smartphone market, Samsung Electronics has elevated its two key India executives to new leadership roles.
Samsung Galaxy Note8 saw over 250,000 registrations within no time is selling like hot cakes and has left Apple iPhone 8 and 8 Plus behind in the race.
Samsung India launched its portable Bluetooth speakers 'Level Box Slim', 'Bottle' and 'Scoop' along with expanding headset portfolio.
SBI and Samsung India announced the availability of payment platform Samsung Pay for higher variants of SBI debit Card.
Joining the 'go digital' bandwagon, Samsung launched Samsung Pay, the company's flagship mobile payments service, in India.
Samsung Indialaunched 5.7-inch Galaxy A7 and 5.2-inch Galaxy A5 in India which are priced at Rs 33,490 and Rs 28,990, respectively.
Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively
To add platform capabilities in the insurance segment which contributes 15% of total business
The Acquisition is expected to close within the next 3 months
Sells Essar Steel loan to Deutsche Bank
Has sold its $385 mn Foreign currency loan extended to Essar Steel
Bank has taken a 38% haircut
Rs 1600 cr is expected earnings to the bank from the deal
Economic Times Reports
To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn
The co is also in discussions to sell its residential and commercial projects in Chennai
To convene shareholder’s meet on 23rd March in regard to the proposed divestment
Gets Order Worth Rs 230 Cr From NTPC
To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators
Will help NTPC commission the 3x 660MW plant started 12years
Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI
The completion period for the project is 30 months