According to Asim Warsi, the company is focusing on multi-dimensional strategies to counter the growing competition, especially from the Chinese players.
Handset maker Coolpad said it will integrate Amazon's voice service Alexa across its devices.
Telecom major Bharti Airtel said it has partnered Google to bring low-cost Android Oreo (Go edition) smartphones to the Indian market.
Pre-booking for the 64GB variant of Galaxy S9 and Galaxy S9+ -- available in black, blue and purple colours -- will be done for an advance payment of Rs 2,000.
Nokia 8110 will be available from May for a global average retail price of 79 euros, excluding taxes and subsidies.
Google Assistant is set to get smarter as the company makes it ready to be multilingual and be available in more than 30 languages, including Hindi, by end of this year.
Taking on Apple and Google, Microsoft and Chinese electronics major Xiaomi have signed MoU to develop Artificial Intelligence powered budget speakers and smartphones.
While global smartphone sales to end users were down 4.6% in the fourth quarter of 2017, Samsung retained its top spot with 18.2% share, Gartner said.
As part of its "Mera Pehla Smartphone" initiative, Bharti Airtel and HMD Global on Monday announced a partnership to offer affordable 4G smartphones.
"Whatever is being produced locally or shipped into India from us is actually being sold faster than any other brand," Jain told IANS.
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