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Latest Articles in Sector Reports

India Widens China App Ban To Cover More From Xiaomi, Baidu4

Xiaomi is India's No.1 smartphone seller with close to 90 million users, according to Hong Kong-based tech researcher Counterpoint.

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Airtel Collaborates With Amazon To Boost Cloud Offerings

Airtel customers will benefit from an integrated sales, consulting and support approach from both companies, and improved security, scalability and cloud management capabilities.

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Euro Zone Retail Sales Return To Pre-Pandemic Levels

The increase in sales was smaller than the 5.9% forecast by economists polled by Reuters, but that was largely offset by an upward revision of May sales.

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Steelmaker Voestalpine Books Quarterly Loss, Sees Recovery In China

Global steel demand is expected to fall 6.4% this year due to the COVID-19 pandemic's impact on industrial and construction activity, before bouncing back next year, according to the World Steel Association.

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China's July Exports Seen Falling On Global Virus Surge; Import Growth Cools

Imports likely rose 1.0% on year, the poll showed, easing from a gain of 2.7% the previous month, due to a high base last year and the reimposition of lockdown measures in some overseas economies which hampered the flow of goods

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European Coke Bottler Sees Signs Of Recovery After First-Half Profits Slide

The company, which bottles and sells Coca-Cola Co drinks in 28 countries, said comparable operating profit fell 35.8% to 208.8 million euros ($246.49 million) for the six months ended June 26

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Mall Revenues Set To Halve This Fiscal: CRISIL

Support from sponsors, liquidity key to tide over short term cash-flow mismatches Revenue of mall operators is set to halve this fiscal because of the Covid-19 pandemic-driven lockdowns, says CRISIL’s analysis of the top 10 malls

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India’s Hotel RevPAR Declined 43.5% In H1 2020

All key 11 markets in India reported a significant decline in RevPAR in Q2 2020 y-o-y; Goa saw the sharpest decline in RevPAR in Q2 2020 Mumbai continues to be the RevPAR leader in absolute terms, despite the decline of 81%Vande Bharat Mission remains a major demand generator for hotels in key cities

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HP Expands India Manufacturing Footprint With New Facility Near Chennai

The plant will manufacture desktops and workstations that HP said will enable it to meet current and future customer needs while driving greater operational efficiency.

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BMW Plunges To Second-Quarter EBIT Loss As Coronavirus Pandemic Hits Car Sales

The Munich-based carmaker said it swung to a 666 million euro ($786 million) loss before interest and taxes in the quarter ending in June, down from a 2.2 billion euro operating profit in the year-earlier quarter.

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Pure Drinking Water 'From Air' Units for Home @Rs 1 Lakh: AKVO

But with no regulation or certification for Atmospheric Water Generators (AWG), companies cannot package and market these products says Navkaran Singh Bagga, Founder & CEO, AKVO Atmospheric Water Systems

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UK Car Sales Rise 11% In First Full Month Of Dealership Reopenings

Dealerships reopened their doors to customers on June 1 in England, June 8 in Northern Ireland, June 22 in Wales and June 29 in Scotland.

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RBI Likely To Cut Rates Despite Inflation Risk

Annual retail inflation rose in June to 6.09% from 5.84% in March, remaining above the RBI's medium-term target range of 2%-6%.

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Propelled By The Pandemic

Ecommerce companies have notched up extraordinary growth with their innovative solutions to the challenges posed by the pandemic

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Volvo Cars' global sales up by 14.2% in July'20

The double digit volume growth during the month was driven by a continued strong demand for Volvo Car’s SUV range.

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