Real estate: Flat sales to financiers reworked under RERA

Real estate: Flat sales to financiers reworked under RERA

Several real estate companies that had sold apartments in bulk to financiers, a strategy in vogue until last year, are now reworking their agreements to avoid registering such transactions, people in the know told FE. Conditions under RERA regulations reduce...
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Nokia 6 Isn’t Being Sold in Flash Sales, It Just Sells Out That Fast, Clarifies HMD Global

Nokia 6 Isn’t Being Sold in Flash Sales, It Just Sells Out That Fast, Clarifies HMD Global

Nokia 6, the comeback smartphone for Nokia, is selling like hot cakes in China. HMD Global, which owns rights to the Nokia brand, has now clarified that the Nokia 6 wasn’t being sold via JD.com following flash sales model. HMD...
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Xiaomi Redmi Note 4 India Sales Target Said to Be 7 Million Units

Xiaomi Redmi Note 4 India Sales Target Said to Be 7 Million Units

The Xiaomi Redmi Note 4 smartphone, the budget stalwart continues to gain in popularity, with the top variant going out of stock within minutes of the sale starting. So reports that Xiaomi has doubled the India sales target for the...
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Apple Reports Record $78.4 Billion in Revenue; iPhone Sales at an All-Time High of 78.3 Million Units

Apple Reports Record $78.4 Billion in Revenue; iPhone Sales at an All-Time High of 78.3 Million Units

Apple on Tuesday reported a rebound in iPhone sales to lift the tech giant to record revenue in the past quarter in quarterly results that eased concerns of slowing growth. The results showed strong demand for Apple’s iPhone 7 models...
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Demonetisation Triggers 30.5 Percent Drop in Smartphone Sales in India: IDC

Demonetisation Triggers 30.5 Percent Drop in Smartphone Sales in India: IDC

Owing to demonetisation and subsequent cash crunch, smartphone sales fell by a whopping 30.5 percent (month-on-month) in November over the October festive season, market research firm International Data Corporation (IDC) revealed on Tuesday. Indian vendors wer...
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Xiaomi Targets Sales of $14.5 Billion in 2017 After Business Overhaul

Xiaomi Targets Sales of $14.5 Billion in 2017 After Business Overhaul

China’s Xiaomi targets 2017 sales of over CNY 100 billion ($14.47 billion or roughly Rs. 98,471 crores), Chief Executive Lei Jun said on Thursday, after a year that saw the firm fall down the smartphone vendor rankings while it overhauled...
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