Nestlé's sales from Asia, Oceania and Africa (AOA) region went down 3% and the company whose brands range from Nescafe and KitKat to Perrier has less sales growth forecast for 2015 to around 4.5%. This is way back below its broader objective of 5 to 6% growth in the succeeding years.
Tags: India
Google Revamps Android One Program; Reportedly to Release Low-Cost Smartphone
Google is said to be working on a brand-new low-cost smartphone in partnership with India's Lava. This is a part of its Android One program, which hit the rock bottom after its release last year.
Acer Liquid Z530, Z630s Arrives In India Exclusively via Flipkart
The Acer Liquid Z530 and Z630s arrive in India and is accessible solely via Flipkart. The specs and price of the device were specified.
Samsung Galaxy On5, On7 Arrives In India Exclusively via FlipKart; Price, Specs Roundup
The Samsung Galaxy On5 and On7 recently reached the second largest market. The price, specs and features of both handsets were itemized
EdTech and MOOC Will Change College Degree
Technology has changed a global education with a MOOC (Massive Open Online Course). As the name suggests, it creates massive change in education around the world through an online course. It made a disruption in traditional college credential and created a new gold-class industry sector called EdTech, or Educational Technology.
Latest News
Lenovo releases Phab Plus in India and in the Philippines boasting of a 6.7-inch screen running Android 5.0 on a quad-core processor with a Qualcomm Snapdragon chipset.
Is the $200 price target for Apple's stock achievable considering the estimated sales realization from iPhone 6 and Apple Watch? Some analysts say yes and some say it's overpricing from the current price of $110. Overdependence on price-earnings (PE) multiples and surplus cash are being added to $200 target.
After exiting the smartphone business in 2005, Japanese electronics major Panasonic is making a comeback in this segment and has prepared business plans to bolster sales volume for reaching the target of $2-billion revenues in next three years.
Google will install public Wi-Fi across 400 railway stations in India. Reports say this would be the largest public Wi-Fi in the country and certainly one of the largest in the world.
The current Asia-Pacific Wealth Report 2015 showed Asia Pacific has a larger number of high net worth individuals compared to North America. A recent study indicates Asia Pacific region had exceeded North America with the number of high net worth individuals.
The latest data for August shows that Russia's economy is showing signs of slowing down. But the rate of decline is moderating, the real sector data is giving a sigh of relief as the worst conditions in the economy are softening, if not improving.
Facebook CEO Mark Zuckerberg invited India's Prime Minister Shri Narendra Modi for a Q&A session on Facebook HQ in California. The event will be held on September 27, 9:30 am PST.
Indian-based restaurant search app Zomato acquired $60M from Temasek Holdings and Vy Capital. The search app will use it to expand the business to other countries and to introduce other services like Zomato Whitelabel.
Pfizer Inc. has failed again in enforcing its intellectual property rights in India. The giant pharmaceutical's patent on its rheumatoid arthritis drug, Tofacitinib, was rejected in the country.
