Surging global oil prices will pose a first big challenge to India’s new government, whoever wins an election now under way, especially as domestic prices have been allowed to lag, meaning consumers are in for a painful surge as they catch up. For oil-import…
President Donald Trump has criticised India’s “big tariffs” on American paper products and the iconic Harley-Davidson bikes, saying the US has been losing billions of dollars to countries like India, China and Japan. Addressing a Republican political rally in…
Indian online classifieds site Quikr has bought refurbished goods marketplace Zefo, headquartered in Bangalore. The acquisition allows an exit strategy for Zefo’s current investors, including Sequoia Capital, and gives Quikr a pathway to expand and strengthen…
Xiaomi India will open 10,000 outlets in a bid to lock down its dominance over Samsung in the territory. The Chinese-headquartered company also announced last week that it expects 50 per cent of its business to be generated by trading offline by the end of…
International e-commerce platform Ebay is preparing to head a US$160–170 million investment in e-tailer Paytm Mall. In a report last Monday, the move was interpreted as a grab at O2O commerce and payments opportunities in India. It will be the third major…
AirAsia India is offering up to 70 per cent discount on flights tickets, according to the airline’s official website – airasia.com. Bookings under the sale – valid for travel between October 1 and June 2 – can be made till April 28, 2019. AirAsia India’s…
Seeking to differentiate itself from India’s crowded menswear space, KURTEES.com has made its global debut. Crafted from 100% Organic Jersey, KURTEES.com brings together traditional Kurtas (Tunics) and Churidars (Trousers) and infuses them with the feel and…
Tata Group raised its stake in AirAsia India to 51% and injected 5b rupees together with AirAsia Investments to fund the carrier’s international expansion plans, the Economic Times reports, citing two unidentified people familiar with the matter. * Tata Group…
The latest CMR report, the Annual 4G LTE Devices India Market Review Report 2018, revealed that Indian consumers purchased 50% more 4G LTE devices in 2018 year-on-year, with shipments surpassing 200 million units. 4G devices include mobile phones, tablets and…
The fiber network unit Reliance Jio Infocomm is reportedly planning to raise around 270 billion rupees ($3.89 billion) in syndicated loans to help expand the newly created infrastructure business. Jio Digital Fiber plans to use the proceeds to expand its…
India’s Bharti Airtel has expanded its OTT portfolio with the launch of a new app store for e-books. The Airtel Books app currently offers over 70,000 e-books from Indian and international authors, including some of the latest launch titles. The app will…
One of the most powerful production cars to come from Italian automaker Maserati, the Levante Trofeo SUV has been confirmed for India. We understand that the Maserati Levante Trofeo will be launched in India in June this year. Compared to the standard Levante…
India’s Bharti Airtel has contracted Ericsson to expand its voice over LTE (VoLTE)services to cater to growing demand. Under the agreement, Airtel will deploy Ericsson’s Cloud VoLTE solution, which is used to deliver HD voice enabled VoLTE services onto a…
The new-generation 2019 Porsche 911 went on sale in India today and we have all the highlights from the from the launch here. The eighth-generation Porsche 911 coming to India was internally codenamed 992 and retains the iconic silhouette that is distinctive…
Indian furniture startup WoodenStreet is targeting 15 additional experience stores in the territory by the end of the year. The firm, which specialises in customisable furnishings, currently operates 12 locations throughout India as well as more than 30…
The upcoming Tata Altroz premium hatchback was recently spotted in India sans camouflage. The spy photo posted by the forum Supercharged is claimed to have been taken at Tata Motors’ plant, and thus we can also see a few Tata Harrier SUVs around it. The car…
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