india

Airtel Outperforms Jio with 3 Million Growth in Active Mobile Subscribers in December 2023; 12.44 Million Seek New Connections

India's telecom sector has dramatically changed over the past decade, with new players eating the market share of established telecom companies. A particularly noteworthy development in this transformation is the profound impact of Reliance Jio's entry, leading to an...

ED Tightens the Noose Around Byju’s Founder: Puts His Travel Plans Under Lens

Byju's, already grappling with financial challenges, now faces an additional obstacle as its founder, Byju Raveendran, comes under suspicion of contemplating an exit from India. Citing sources, the Economic Times reported that the Enforcement Directorate (ED) has prompted the...

Amazon Bets Big on Unbranded Bazaar in India: Aggressive Price Strategy to Conquer Tier II and III Cities?

Indians consistently prioritize price over brand recognition, and Amazon seems to have realised this trend. The e-commerce giant is strategically betting on its soon-to-be-launched low-price shopping platform, "Bazaar", aiming to woo value-conscious customers across tier II, III and IV...

India Smartwatch Shipments Grew 74% YoY in 2023: A 3-Year-Old Brand Enters Top Five, Outpacing Samsung!

Smartwatches are selling like hotcakes. The adoption and usage of smartwatches in India have skyrocketed since the COVID-19 pandemic as people became more health conscious. According to IDC's latest report, the smartwatch shipments in India grew a whopping 73.7%...

Over 20 Million Paytm Users in Limbo as Fastag Ban Sparks Chaos

The ban imposed by the Reserve Bank of India (RBI) on Paytm Payments Bank turned out to be just the opening act of a regulatory drama for Vijay Shekhar Sharma-led One97 Communications. Compounding the challenges, the Indian Highways Management...

Over 54% of All Smartphones Shipped in India During 2023 Were 5G Enabled: Budget-Minded Consumers Fuel the Growth

The demand for 5G smartphones in India has dramatically increased in recent years, with a plethora of new launches in 2023. Interestingly, the country shipped 79 million units of 5G smartphones in 2023, representing a whopping 54.1% of the...

Paytm Shares May Plunge to Rs 275 As Brokerage Firms Forecast Bleak Future

Paytm, once anticipated to be India's most successful IPO in corporate history, is currently grappling with a substantial downturn in its market performance. Today, on February 13, 2024, the fintech company's stock declined 10%, reaching a historic low of...

Most Valued Indian Companies 2023: Policy Bazaar and Zomato Take the Crown as Fastest-Growing Listed Unicorns

The Indian corporate sector has undergone a dynamic transformation in recent years, with established industry leaders maintaining their dominance while innovative newcomers leave their mark. The latest Burgundy Private Hurun India 500 list presents an interesting data-driven perspective on...

Mounting Challenges for Paytm: RBI Maintains Grip, “No Room for Review” on Banking Curbs

Challenges continue to mount for Paytm, India's fintech giant, with no immediate relief in sight. Despite the company's attempts to appease the Reserve Bank of India (RBI), Governor Shaktikanta Das has declared "hardly any room for review" regarding the...

Paytm Stock Crashes to All-Time Low Since Listing: Analysts Predict Long-Term Pain

Following the RBI's ban on Paytm Payments Bank's services, the share of One 97 Communications fell another 10% on Monday, February 5, 2024, settling at an all-time low at Rs 438.5 since listing. The regulatory challenges intensified with allegations...
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Paytm App Downloads and User Engagement Take a Nosedive Post RBI Measures

The regulatory measures imposed on Paytm Payments Bank by the Reserve Bank of India (RBI) have had a direct...
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