Dec UV Sales: Creta, Venue, Sonet, Seltos down; Magnite, Astor, Crysta up

Sales trends of December 2021 show the rise of a new bunch of compact and entry-level utility vehicles such as the Nissan Magnite, MG Astor, Tata Punch, Skoda Kushaq and Volkswagen Taigun, at the cost of older models like Hyundai Creta, Kia Seltos, Kia Sonet, MG Hector, Tata Punch and Hyundai Venue. Two exceptions to […]

Bharti Airtel abandons ‘digital pivot’ strategy as 5G auction nears

Bharti Airtel has abandoned its plan to reorganize its corporate structure by focusing on the digital business — such as its Wynk app, Airtel Cloud, Airtel Xstream and so on — by moving all telecom infrastructure into a different subsidiary known as Airtel Ltd. The move was announced eight months ago, and was widely seen […]

The secret Punch behind Tata Motors’ auto sales out-performance

Auto sales in the final three months of 2021 will be remembered for the solid out-performance of Tata Motors during the period, boosted by one key model — the affordable, mini SUV Punch. The strong numbers racked up by the entry-level UV have helped Tata Motors overtake Mahindra & Mahindra in the compact utility vehicle […]

Bajaj Auto beats Hero MotoCorp, TVS Motor Co in December two-wheeler sales

Bajaj Auto emerged as the best performer in December two-wheeler sales in the domestic market by posting relatively flat numbers while others such as TVS Motor Co and Hero MotoCorp saw sharp declines in their India sales. Bajaj Auto escaped the sharp declines by reporting sales of 1.28 lakh units in India in the final […]

PVR increases ticket prices by Rs 100 in Telangana after govt order

PVR, India’s largest cinema exhibitor, said it has increased its ticket prices in Telangana, a week after the state government increased cinema ticket price bands. Unlike other states, Telangana government controls the price of cinema tickets, given the high importance attached to movies by people in the state. The Telugu film industry is the second […]

Vakrangee adds stock trading, demat account service in tie-up with Upstox

Vakrangee Ltd, which runs over 13,200 digital kiosks across the country, said its franchisees will now be able to offer share trading and demat account opening services thanks to a tie-up with stock trading app Upstox. Vakrangee Kendras already offer a variety of internet-enabled services, such as bank account opening, issue of government certificates, money […]

Kerala Vision broadband unveils Kerala’s cheapest fiber plan for new users

Kerala Vision Broadband, the ISP arm of Kerala Cable TV Operators’ Association, has announced what is arguably the cheapest fiber broadband offer for new customers in Kerala. The highlight of the new plan is that it comes without installation and modem charges, and is therefore ideal for a new customer. The current tariff for a […]

Vodafone Idea cracks the 4,000 Mbps barrier in 5G trials

Vodafone Idea said it achieved speeds of over 4,000 Mbps during its test deployment of 5G on the trial spectrum handed over by Department of Telecom. In comparison, in the early days of 4G, the maximum speeds achieved were in the range of around 200 Mbps. The company released two speedtest results — presumably using […]

Mukesh Ambani calls for subsidized mobile phones

India’s richest man and the chairman of Reliance Industries, Mukesh Ambani, has called for the use of universal obligation fund money to subsidize mobile devices. USO fund was set up during the early days of the mobile phone revolution as a tax or levy on existing phone users, to be used for extending telecom services […]

BSNL starts distributing live TV via IPTV in Kerala

The Kerala circle has become the first in India to support BSNL’s commercial IPTV services, and both direct and indirect customers of BSNL can avail of the service. IPTV refers to the distribution of television content via IP or internet protocol, instead of traditional broadcasting protocols like DVB. BSNL had been testing IPTV for several […]

Bleak November auto sales: Bajaj Auto, Escorts report declines

With the pent-up demand getting exhausted and the overall economy reeling under the impact of rising inflation and the after-effects of two waves of COVID-19, auto sales seem to be coming under pressure post the festival period. Two of the earliest companies to report their November numbers, Bajaj Auto and tractor maker Escorts, have both […]

Royal Enfield starts assembling unit in Thailand, targets SE Asia

Royal Enfield, India’s largest retro, semi-premium motorcycle brand, said its third assembly plant outside India started operations in Thialand. The plant, which will assemble the parts manufactured at the main plants in Chennai in India, will cater to markets such as Indonesia and Vietnam, besides the Thai market. Due to ASEAN trade pacts, it is […]

Revolt bike network to expand to 75 cities by early 2022

RattanIndia Enterprises, led by IndiaBulls founder Rajiv Rattan, has announced plans to open Revolt electric bike showrooms in 60 new cities by early next year, which will take the total number of showrooms to 75. These new cities include Kolkata, Chandigarh, Lucknow and the national capital. The current crop of showrooms are located in Bangalore, […]