Even battery makers, mobile importers making EVs now: Rajiv Bajaj
In a tussle to cater to needs of the gigantic Indian middle class, companies like Hero MotoCorp, Micromax and Bajaj Auto are manufacturing and/or investing in electronic two-wheeler startups. Even small motor makers have launched electric vehicles.
PEs exit Micromax via buyback, valuation crashes 93% in 4 years
PE players are selling 6.9% in the company for Rs 93.65 crore to the promoter...
Chinese, Korean brands kings of Indian electronics market
Industry executives said these companies such as Samsung, Xiaomi, Oppo, Vivo, Realme, Motorola and Haier now control the largest chunk of the Indian market in certain categories such as smartphones, televisions and home appliances.
Domestic mobile phone makers’ revenues hit by Chinese companies
The combined revenue of Micromax, Intex and Lava, which make smartphones and feature phones, fell 22%.
Handset companies Lava, Micromax win in US-China trade war
In a first, US cos AT&T, T-Mobile and Sprint place orders worth ?2,500 cr; Lava and Micromax to de-risk their business
Deepika Padukone boards e-mobility startup
It was founded by Puneet Singh Jaggi, Anmol Singh Jaggi and Punit K Goyal early this year as an all-electric mobility solution.
With Revolt, Micromax co-founder Rahul Sharma set to disrupt electric two-wheeler
The fully-electric motorcycles come with features like mobile app connectivity and removable batteries.
Amazon Freedom Sale: Samsung 43” TV at 35% discount, split ACs at 30% off
The e-tailer has brought several premium quality air conditioners at steal deal prices with up to 40% discount.
250,000 and counting: Handsets sector sheds jobs to remain afloat
The cut of about 15% of the workforce comprised mainly of in-store brand promoters who were put out of work after thousands of small phone-retailing shops shut down.
Boxed in by Chinese rivals, Samsung to sack 1,000 in India
150 already laid off at telecom networks division; manpower rationalisation to be completed by October.
Micromax’s Sharma gears up to jump on to EV bandwagon
The businessman, who has been studying the electric mobility space for the few years, has invested Rs 500 crore of his personal wealth in Revolt Intellicorp.
Micromax co-founder Rahul Sharma forays into electric two-wheeler segment
Sharma, who is transitioning from mobiles to mobility, has set up Revolt Intellicorp Pvt Ltd.
Is India's automotive industry ready for an EV makeover?
India's hurried, state-mandated switch to e-cars is sowing chaos in the auto sector that employs millions.
Micromax strengthens international play, to foray into South Africa
Micromax, which is facing intense competition from Samsung and Chinese players like Xiaomi, Oppo and Vivo, among others, in the Indian market, operates in Russia, Middle East, Nepal, Bangladesh and Sri Lanka.
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