Global PC shipments grew 2.3% to 70.6 million units in Q4 2019: Gartner
The global PC market grew 2.3 per cent year-on-year in October-December 2019 with shipment totalling 70.6 million units, data from research firm Gartner showed.
Salaries in India likely to rise by 9.2 pc in 2020; inflation-adjusted real-wage at 5 pc: Report
India's salary growth for 2020 stood at 9.2%...
Festive delight: PCs are back in fashion; here's why you should get one before prices go up in December
Thanksgiving gifting and back-to-scho...
Festive cheer? PC market eyes consumer demand revival in Q3
IDC expects the overall PC market to fall in the third quarter as the demand from government schemes tapers off.
Xiaomi sees 40 pc growth in offline sales during festive season
After recording a sale of over 5.3 million devices during the festive sale, Xiaomi on Wednesday said it has seen 30-40 pc growth in offline sales during festive season. Xiaomi also launched its latest Redmi Note 8 and Note 8 Pro smartphones.
HP India may cut 500 jobs, say analysts
The company last week said it would let go 7,000-9,000 employees globally by 2022 as part of a restructuring of operations intended to cut costs.
ADB sharply cuts India's GDP growth forecast to 6.5 pc for FY20
As per the latest ADO, South Asia's growth momentum has softened.
TVS Motor sales down over 16 pc at 2.66 lakh units in November
TVS Motor Company on Monday reported 16.64% decline in total sales in November at 2,66,582 units. The company, which primarily makes two-wheelers and three-wheelers, had sold 3,19,965 units in the same month last year. Total two-wheeler sales during the month stood at 2,49,350 units as against 3,07,142 units in November 2018, down 18.81%.
Lenovo expects 40 per cent growth in India this fiscal
The firm also unveiled new models of IdeaPad tablets, Yoga all-in-one desktops and ultra-slim notebooks in the price range of Rs 23,990 to Rs 1,69,990 a unit.
India's PC manufacturing capacity under-utilised up to 80% as per industry: Ravi Shankar Prasad
The hurdles include lack of adequate infrastructure, domestic supply chain and logistics, high cost of finance, inadequate components manufacturing base.
HP sees strong growth in enterprise segment
The company on Tuesday launched its 'Elite Dragonfly', priced at about Rs 1.5 lakh. It is a 13-inch convertible notebook with up to 24.5-hour battery life and features the latest Wi-Fi 6 connectivity.
Moody's cuts India GDP growth forecast to 6.2 pc for 2019
In a statement, it said the weaker global economy has stunted Asian exports and the uncertain operating environment has weighed on investment.
Hydroelectricity generation jumps 16 pc this fiscal so far; share of non-fossil fuel at record high
"During April-October, electricity generation grew 1.2 per cent. There was a decline in October mainly because of excess rainfall led by a slump in air conditioning requirement. But, to say that this was due to some kind of slowdown in industrial production is nonsensical. There can be nothing further from the truth," Power Minister R K Singh said.
India's PC market up 15.8% on year in Q2: IDC India
According to IDC, Indian PC market inclusive of desktops, notebooks, and workstations, shipped 3.1 million units, in Q3FY19 as Windows 7 is near to its scheduled end in early 2020. The desktop category saw a 10.6 per cent on year growth in its shipments, mainly contributed by Windows 10 refresh buying from the banking sector.
Jewellery stocks trade lower on Dhanteras, PC Jeweller drops by 5.6%
Dhanteras is considered as an auspicious day to make new purchases.
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