Telco Operators To Offer New Deals
Indian mobile phone users can expect to be flooded with special deals on music, sports, regional video channels, religious programmes and games over the next few months, says a report.
This comes as operators try to figure out how best to make money out of content. India’s top mobile phone companies have started taking small steps towards what could be their next big revenue driver – monetising content. Bharti Airtel, Reliance Jio Infocomm, Vodafone India and Idea Cellular are trying out various models of monetising content they can offer to price-sensitive consumers in India, company executives and experts said.
India Among Top Sales Channel For Xiaomi
India accounts for three of Xiaomi’s top five sales channels that together contributed 32 per cent of its global revenue in 2017, according to a report.
Xiaomi Corporation has filed documents for an initial public offering in Hong Kong. In first place is a Chinese e-commerce company and in the second spot is an ecommerce company based in India. They are followed by a Chinese consumer electronics retail company, a consumer electronics distributor based in India and the Indian operation of a leading international e-commerce company, Xiaomi said in its filings, without identifying them
Coca-Cola Branching Into Nutrition Products
Coca-Cola is set to launch nutrition products such as electrolyte hydration drinks that will be sold over-the-counter at pharmacies, says a report.
This is the first time the time the company is branching out into such products. “So far we have been very active in the refreshment space – we now want to be a serious player in nutrition,” a top company official has said. The category will be a first for Coca-Cola and such products are expected to be available in medical stores within two months, he added.
Wipro Unit Eyes India-Specific Distribution
Wipro Consumer Care and Lighting is planning to boost its India-specific distribution of its globally acquired personal care brands, says a report.
Its brands Enchanteur and Yardley are set to compete head-on with Hindustan Unilever and Procter & Gamble. The company, which crossed a billion dollars in revenue in FY 17-18, has so far relied mainly on its Santoor soap and Safewash detergent brands in India.
Haldiram’s Enters Travel Space
Popular Indian snacks company Haldiram’s has started a travel company by the name Travhos Experience, reveals a report.
The travel sector in India is booming currently and Haldiram’s does not just want to only provide accompaniments. Haldiram’s has also hired a handful of tourism professionals to steer the budding company. Like other travel companies such as SOTC and Thomas Cook, Travhos is also going to offer everything from package tours to treks.
More Pain For Telecom Firms
There will be more financial pain for top telecom operators as with Reliance Jio Infocomm is unlikely to step off the gas in their aggressive pricing push, says a report.
Bharti Airtel, Vodafone India and Idea Cellular will have to endure the pressure as Jio bids to maximise customer acquisitions and close the gap with its rivals, analysts said. The price wars, they said, would continue as Jio is focused on retaining and increasing its almost 187 million-strong subscriber base.
Maruti Seeks Alternative Technologies
Maruti Suzuki India plans to go full steam ahead to develop various kinds of alternate technologies, including CNG powered cars and hybrid vehicles, and not just electric vehicles, according to a report.
The carmaker, has a market share of 50 % in the domestic passenger vehicle segment, is keen to partner government or oil companies in order to push for CNG powered vehicles in the country. “We are going to try and push this acceleration in use of CNG, hybrid and other alternate technologies,” a top Maruti Suzuki official said.
- Mogambo Khush Hua! - July 13, 2019
- Five Spoofs To Make Your Day - July 7, 2019
- Have You Seen These Aamir Khan Classics? - June 29, 2019
