Stable outlook for ports

Noted credit rating and research agency ICRA has given a stable outlook for the port sector,in its year end assessment. “The prospects for the Indian port sector players in the medium term are expected to be favourable, supported by continuing healthy growth in cargo of major volume drivers – Coal, Crude and Containers. Coal imports, which had become a concern over the last two years, have been witnessing a rebound and could continue to with the momentum witnessed in first half of FY2019. Demand revival from the power sector and…

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“Intelligent” APAC Enterprises on a rise, says Zebra study

Zebra Technologies Corporation (NASDAQ: ZBRA), an innovator at the edge of the enterprise with solutions and partners that enable businesses to gain a performance edge, has  announced the results of its second annual “Intelligent Enterprise Index” and, introduced Zebra Savanna™ – the Data Intelligence Platform, in India. The Index is a survey that measures where companies are on the journey to becoming an “intelligent enterprise”. An intelligent enterprise is the one that connects the physical and digital worlds to drive innovation through real-time guidance, data-powered environments and collaborative mobile workflows. By scoring more than 75 points on…

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Mixed quarter for the Indian Corporate sector

According to a recently released quarterly analysis paper by the leading rating firm ICRA, the Indian corporate sector registered a revenue jump of 23.9% during Q2 FY2018-19.  The paper presents cumulative analysis on the basis of examining the growth trends in 176 companies across the board. “Sales growth was stronger in commodity-linked sectors (iron & steel, oil & gas and cement) and consumer-oriented sectors (FMCG, consumer durables and airlines). Commodity linked sectors posted 61% revenue growth on a Y-o-Y basis, supported by higher oil and steel prices, and healthy demand for…

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India surpasses Vietnam in mobile manufacturing

The India Cellular & Electronics Association (ICEA) along with McKinsey have undertaken a commendable impact analysis study “Making India the Global manufacturing Powerhouse for Mobile Handsets and Components”. This was released during a Media Conference held at Hotel Lalit on 1st November 2018. The Report has made an important and pertinent attempt focusing on identifying the gaps/ challenges and coming up with important recommendations about how to rejuvenate and transform the resurgent mobile manufacturing eco-system in India and make it achieve the Global Powerhouse status. The mobile handset and its…

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Proliferation in bad online shopping experience, says Pitney Bowes Study

Pitney Bowes (NYSE: PBI), a global technology company that provides commerce solutions in the areas of ecommerce, shipping, mailing, and data, recently published key findings from the 2018 Pitney Bowes Global Ecommerce Study. As online retailers and marketplaces prepare for record volumes of ecommerce orders this holiday season, the study found that 61% of consumers globally felt let down by their online shopping experience during the last holiday season. This figure is up significantly from 47% in 2017, and 41% in 2016.   Consumers pointed to post-purchase experiences, including items…

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Price Point most decisive factor for e-commerce: IAMAI

The Internet and Mobile Association of India [IAMAI] recently launched a report that finds users across age groups are keen on price-points and variety while shopping on e-commerce platforms. The report titled “Online Stickiness of e-Commerce Customers in India” provides interesting insights about differing behaviours across age groups for the three most popular e-commerce service categories in India: Online Retail, On Demand Transport Services and Online Travel booking. The report finds that at an overall level, the age group between 18-24 years is “accommodating’ in their approach towards e-commerce with…

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Spurt in coal volume push major ports’ growth

According to a recently released research paper by the noted credit rating agency ICRA, the spurt in coal shipment has contributed to a 5.1% growth in cargo volume of major ports in the country during 5MFY2019, over 5MFY2018. The five month period saw an increase of 19.9% in coal volumes and 8.7% growth in container volumes. Continuing on the increasing momentum witnessed in H2FY2018, the coal volumes have rebounded largely on the back of improved demand and domestic coal supply disruptions, which has resulted in healthy import requirements, as per…

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Airlines, Airpots investing in biometric

  Airlines and airports are investing to deliver secure and easy travel for passengers, with biometric technology a key priority. This is according to research released by global IT provider SITA. The SITA 2018 Air Transport IT Insights show how biometrics are being incorporated into the evolution of self-service at the world’s airports. Over the next three years, 77% of airports and 71% airlines are planning major programs or R&D in biometric ID management. Barbara Dalibard, CEO, SITA, said: “Secure and seamless travel is a must for the air transport industry. It…

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‘State of Working India’ report underlines jobless growth

Azim Premji University recently released its first ‘State of Working India’(SWI) report in New Delhi. Some of the major takeaways of the report are: Jobless growth: India has struggled to convert its high rates of economic growth into good jobs. Currently, a 10% increase in GDP results in less than 1% increase in employment. The rate of unemployment among the youth and higher educated has reached 16%. Revival in organised manufacturing: The past decade has been good for the performance of the organised manufacturing sector. Several industries (especially, big employers like knitwear, plastics,…

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India Solar Rooftop Map 2018

BRIDGE TO INDIA, a leading consulting and knowledge services provider in the Indian renewable energy market, has released latest edition of its India Solar Rooftop Map report (March 2018 edition). As per the report, total rooftop capacity has reached 2,538 MW with installation of 1,142MW in FY 2017-18. Following are the key findings of the report:   The market continues to grow rapidly with growth of 68% in FY2017-18 but growth has slowed down in comparison to last year (81%); OPEX model, where third party developers own and develop the…

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