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MOBILE BUYBACK SEGMENT
Toyota launches Urban Cruiser Ebella E3: Check price, features, variants, range and moreToyota Kirloskar Motor has launched the Urban Cruiser Ebella E3 electric SUV. The vehicle is priced at Rs 23,60,000 ex-showroom. It feature...
UpGrad to acquire Unacademy for Rs 2,055 crore, 90% below peak valuationAfter on-again, off-again talks, Ronnie Screwvala-run edtech firm UpGrad is acquiring UpGrad in a cut price deal. UpGrad is also raising an...
Uber bets on loyalty program to drive growth, unveils $20 billion buyback planUber announced a $20 billion stock buyback and forecasted higher Q3 bookings, driven by a 60% jump in Uber One subscribers. These users gen...
Uber unveils $20 billion stock buyback plan as loyalty program boosts growthUber unveiled a $20 billion stock buyback program and forecast its third-quarter bookings above Wall Street estimates on Wednesday, as the ...
Airtel Africa Q3 net jumps over 11-fold on-yr to $169 mn on $94-mn exceptional gain, lower finance costsBharti Airtel's Africa business saw a significant rise in net profit, reaching $169 million in Q3. The jump was largely due to currency app...
Paytm Q2 Results: Loss narrows to Rs 290 crore; revenue jumps 32% YoYEBITDA (before ESOPs) further improved in the second quarter to Rs 153 crore as against Rs 84 crore in the first quarter.
EV battery company Pointo raises $3 million fundingEV battery start-up Pointo has raised $3 million funding from investors for its expansion into 20 districts of West Bengal. The EV company,...
Rakesh Sharma on Bajaj Auto share buyback, dividend plans & EV push“The promoters are not participating in the buyback. Given the conditions which we were facing and the way we wanted to present it, from ou...
Samsung aims premium smartphone leadership in India in H1; bullish on 5GIn an interaction with ET, Raju Pullan, head of sales & retail, mobile business at Samsung India, said that the company is focused on expan...
Cashify records 40% growth in mobile buyback segment in 2020, eyes offline expansion“While there was a downsizing of pop-up stores, these new outlets opened up avenues for smartphone users to simply walk in and get all smar...
Sales back to 80-90% of pre-COVID levels, upward trend to continue in festive season: CredRThe festive season is crucial for the company since sales during the period account for a substantial chunk in the overall volumes, CredR s...
Xiaomi, Samsung are fighting it out in the Rs 10,000 & Rs 25,000 smartphones rangeThe segment expanded nearly 50% last year and is expected to accelerate further in 2018, becoming critical for the major players that want ...
Damp Diwali for smartphone companies as sales remain lower than usual“The buzz of the festive season is completely missing… online sales have taken away a lot of the demand,” a top executive of a leading larg...
Flipkart, Amazon to battle it out over smartphone sales this festive seasonFlipkart plans to quadruple smartphone sales clocked by others and main competitor Amazon aims to cross annual growth rate of more than 100...
Affordable smartphones a Rs 2800 crore opportunity in India: Hari Om Rai, CMD Lava InternationalIn the past week alone, brands like Motorola, Nokia and Intex launched their devices - Moto E, Lumia 630 and Aqua i5HD - all priced below R...
At Rs 400 crore, Samsung beats Apple 4:1 in advertising spendingsAt Rs 400cr, Samsung’s advertising budget for mobile phones and tabs dwarfed Apple’s Rs 90-100cr expenditure on promoting its iPhones & iPa...
With iPad Mini Apple takes the fight to Samsung’s doorWhat the iPhone 4 has done for Apple in the smartphone market, the iPad Mini is doing in the tablet segment - emerge a major challenger for...
Smartphone sales down to 8-9% in April-June triggered by rupee fall, consumer fatigueWith brands like Samsung, Sony and HTC increasing prices by 3-6% last week due to the free fall of rupee, retailers fear the demand may slo...
Smartphone war: Apple's iPhone4 sales outshine iPhone5's as consumers lap up discounts in exchange offerThe customer will get a minimum discount of Rs 7,000, but if the value of his phone in the second hand market is more, his discount will be...
- RIL net slumps 13.6%; Announces $2 bn buyback of shares
Analysts said the buyback, the largest ever announced by an Indian company, signaled the management's view that the shares are undervalued.