Vivo India ropes in Aamir Khan as brand ambassador

Mar 19 2018

Chinese handset maker Vivo said it has roped in actor Aamir Khan as its brand ambassador for the Indian market.

Hong Kong suspends UBS as IPO sponsor for 18 months

Mar 09 2018

Hong Kong’s securities regulator has blocked UBS from sponsoring initial public offerings for 18 months, the Swiss bank said in its annual report released.

Microsoft, Xiaomi to make AI-powered speakers, smartphones

Feb 24 2018

Taking on Apple and Google, Microsoft and Chinese electronics major Xiaomi have signed MoU to develop Artificial Intelligence powered budget speakers and smartphones.

Xiaomi sells over 3 lakh Redmi Note 5, Redmi Note 5 Pro in 3 mins

Feb 22 2018

Xiaomi sold more than three lakh units of its newly-launched Redmi Note 5 and Redmi Note 5 Pro in just three minutes during its first online sale on Thursday.

'Selling every handset, not dumping units in secret warehouses'

Feb 19 2018

"Whatever is being produced locally or shipped into India from us is actually being sold faster than any other brand," Jain told IANS.

Jio offers Rs 2,200 cashback on purchase of smartphones

Feb 16 2018

Both existing and new customers of Jio can avail a cashback of up to Rs 2,200 on buying smartphones of 22 companies, including Samsung, Xiaomi, Huawei and Blackberry.

Xiaomi kicks off 2018 with Redmi Note 5, Note 5 Pro in India

Feb 14 2018

Redmi Note 5 Pro will cost Rs 13,999 for the 4GB RAM and 64GB variant and Rs 16,999 for the 6GB RAM and 64GB ROM option.

China's Xiaomi back to top five vendors as global market shrinks

Feb 02 2018

China’s Xiaomi has climbed back into the global top five vendors list as the global market shrunk annually, even if only by a fraction, for the first time in 2017.

Apple top smartphone brand in 4Q, Samsung leader in 2017

Feb 02 2018

Apple surpassed Samsung to become the top smartphone brand in the fourth quarter of 2017 as it shipped 77.3 million iPhones globally, a report said.

'China smartphones dominate India market due to localisation'

Jan 29 2018

Xiaomi led the Indian market with shipments close to 8.2 mn units in Q4 2017 overtaking Samsung which shipped a little over 7.3 mn smartphones , Canalys said.

Indian Markets


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Global Markets


Stocks In News



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

Mint Reports


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

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