Consumer

Telecom consumer body seeks removal of interconnection usage charge on mobile calls

A telecom consumers' body has sought removal of 6 paise interconnection usage charge (IUC) from 1 January next year as it deprives weaker sections of the society of new-age services and a better experience

Lot of consumer-facing businesses to eventually become data companies: SpiceJet CEO Ajay Singh

There is terrific potential for the country's aviation sector and eventually a lot of consumer-facing traditional businesses, including airlines, will become large data companies, according to SpiceJet CMD Ajay Singh

HCL Tech to acquire Sankalp Semiconductor in Rs 180 cr all-cash deal; acquisition to help IT firm expand to newer markets

This strategic acquisition would enable HCL to further expand into newer market-domains, especially in analog and mixed-signal design, the IT firm said

Union Budget 2019: Sanitaryware industry urges govt to cut GST, encourage personal hygiene

The sanitaryware industry has urged the Centre to rationalize Goods and Services Tax (GST) to 5 percent from the existing 18 percent to pare down the cost and encourage personal hygiene

Union Budget 2019: Automobile dealers body seeks industry status for auto retail sector

Automobile dealers body FADA on Thursday urged the government to consider industry status for the auto retail sector, a move which will help it avail easy finances and sustain business in the long term

India becomes world's second largest LPG consumer after govt's Ujjawla push: Oil Secretary MM Kutty

The government's push to provide clean cooking fuel to every household has turned India into the world's second largest LPG consumer whose demand is projected to rise 34 percent by 2025, Oil Secretary M M Kutty said

Rural households present big opportunity for consumer firms says Deloitte, FICCI report

"Rural households contribute to approximately 50 percent of the GDP, 40 percent FMCG sales, 50 percent two-wheeler sales, 30 percent four-wheeler, and 45 percent telecom contribution," Deloitte, FICCI report said.

Consumer confidence dipped in September due to worries about savings, household expenses, finds survey

The Consumer Confidence Index plummeted 6.6 percentage points as consumers were worried about various factors such as personal finances for day-to-day running of the household, savings and investments, said Indian Primary Consumer Sentiment Index (PCSI) for the month of October.

Indian consumer sentiment moderates in August after interest rate hike: Report

Consumer sentiment in India moderated in August, as rise in interest rates, appears to have dented optimism in the housing market and also had a negative impact on personal finances, says a report.

US govt won't impose tariffs on iPhones made in China says US President Donald Trump

A list of tariffs that were proposed in April, in the US, largely excluded consumer electronics.