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According to media reports, Tata Consultancy Services (<keyword id="6357150" type="CITY" weightage="100" keywordseo="TCS">TCS</keyword>) is mulling not to share its <keyword id="2700959" type="UNKNOWN" weightage="100" keywordseo="Volume-growth-data">volume growth data</keyword>. <keyword id="6354185" type="ENTERTAINMENT" weightage="100" keywordseo="IT">It</keyword> is likely to come up with a new process in FY2015-16 to review the growth parameters. 
 
“I think it’s time we got away from volume and pricing growth numbers. Current metrics were put in place long ago when TCS was a much simpler company. Now, given the mix of business we have, probably the volume growth number is resulting in more noise than any meaningful data interpretation. Probably in April 2015, while sharing the March quarter numbers, we’ll do some refresh on the metrics and take a full look at what is it that we have to disclose,” said Rajesh Gopinathan, chief financial officer and vice-president, TCS. 
 It is pertinent to mention here that only two major IT companies – TCS and <keyword id="6354512" type="CITY" weightage="60" keywordseo="Infosys">Infosys</keyword> – reveal their volume growth data. In October-December quarter of FY2014-15, TCS had registered volume growth of just 0.4%, which was the lowest in the history of India’s largest information technology (IT) firm. 
 
According to analysts, financial revenue growth data is enough to give an indication about a company is performing. Shashi Bhushan, IT analyst at Prabhudas Lilladher, says, “In the past few years, there has been a massive change in the way industry operates and is being perceived. Change in reporting metrics is definitely inevitable. I do not think the Street will react negatively if TCS discontinues with the volume growth number.” 
 
Other major IT companies like Wipro and HCL Technologies have already stopped giving out these data.

TCS Likely To Stop Sharing Volume Growth Data

Mumbai, Mar 27 () The Reserve Bank of India (RBI) on Friday refrained from making any projections for growth and inflation saying the performance of these two key macroeconomic parameters in the days ahead would depend upon the intensity, spread and duration of COVID-19.Announcing the decisions of the Monetary Policy Committee (MPC), RBI Governor Shaktikanta Das said that no projection for growth and inflation was being given in view of the uncertainty created by outbreak of the deadly novel coronavirus (COVID-19).Das further said that the growth projection of 4.7 per cent for the fourth quarter of 2019-20 and 5 per cent for the whole fiscal was "at risk."On the global economy, the governor said that slowdown could deepen impacting the growth prospects everywhere in the world.As regards India, Das said, "growth and inflation would be contingent on intensity, spread and duration of COVID-19."The Reserve Bank in its monetary policy usually provides projections for growth and inflation. CS ANSANS

RBI refrains from giving growth, inflation outlooks; says current GDP projections at risk

(Photo Credits: maxpixel.net) <ul><li>According to a report by <keyword id="6386585" type="UNKNOWN" weightage="20" keywordseo="Barclays">Barclays</keyword>, <keyword id="18635" type="CITY" weightage="20" keywordseo="Amazon">Amazon</keyword> dominates Indian retail market with gross sales of $7.5 billion compared to that of <keyword id="6354742" type="COMPANY" weightage="20" keywordseo="Flipkart">Flipkart</keyword>, which recorded gross sales of $6.2 billion for FY18 excluding its subsidiaries – Myntra and Jabong. </li><li>However, industry experts point out that the two e-retailers can not be compared due to different parameters they use to evaluate growth. </li><li>In terms of revenues, Flipkart recorded a revenue of $3.8 billion, which was $600 million more than that of Amazon’s $3.2 billion.</li></ul>Online retailers Amazon and Flipkart have been competing neck and neck in India, but the jury is still out on who dominates the Indian market. That is because the online retailers usually rely on different parameters to evaluate their growth — gross merchandise value, and revenue. The two were recently evaluated on their gross sales they made for their most recent financial year. <a href="https://timesofindia.indiatimes.com/business/india-business/amazon-india-beats-flipkart-in-gross-sales-says-barclays/articleshow/66836692.cms">According to a estimates </a>by Barclays, Amazon surpassed Flipkart’s gross sales at $7.5 billion compared to latter’s $6.2 billion, Times of India <a href="https://timesofindia.indiatimes.com/business/india-business/amazon-india-beats-flipkart-in-gross-sales-says-barclays/articleshow/66836692.cms">reported</a> citing Barclays. The number, however, excludes gross sales of Flipkart’s subsidiaries – Myntra and Jabong, estimated to be around $2 billion, according to Times of India. However, in terms of revenues, Flipkart recorded a revenue of $3.8 billion, which was $600 million more than that of Amazon’s $3.2 billion. The overall growth rate of Amazon over the previous year saw an increase of about 82%, while Flipkart recorded a growth of 47%, in terms of revenue, according to BloombergQuint. For the current financial year, ending in March 2019, Amazon’s gross sales is<a href="https://www.bloombergquint.com/technology/amazon-beats-flipkart-to-become-indias-largest-online-retailer-by-gross-sales"> predicted</a> to increase to $11.2 billion, which is 30% more than that estimated for Flipkart — $8.7 billion, said the Barclays report. According to an analysis by LiveMint, while the Barclays report evaluated Amazon Pay, it did not include Flipkart’s payment company PhonePe. Flipkart has recently claimed that it is nearly double the size of Amazon. That estimate is based on numbers that show increasing revenues and market share in the past two years. Wal-mart acquired Flipkart earlier this year for $16 billion. With the backing of the US retail giant, it’s likely it will be a close race between the two.

Has Amazon overtaken Flipkart? New numbers reopen the debate

Hyderabad, The prestigious Indian School of Business (<keyword id="6357276" type="COMPANY" weightage="20" keywordseo="isb">ISB</keyword>) has been ranked number one management institution in <keyword id="3658" type="LOCATION" weightage="20" keywordseo="India">India</keyword> and 44th globally as per the full-time MBA Ranking 2021 of The <keyword id="6365396" type="ORGANIZATION" weightage="20" keywordseo="economist">Economist</keyword>. The ranking surveyed alumni from <keyword id="705497" type="PERSON" weightage="20" keywordseo="Postgraduate-programme">Postgraduate Programme</keyword> (PGP) class of 2019 and students from the PGP class of 2020. The ISB has participated in 'The Economist' ranking for the first time. 'The Economist' has ranked the programmes on four broad categories: <keyword id="10638086" type="UNKNOWN" weightage="20" keywordseo="new-career-opportunities">new career opportunities</keyword>, personal development and educational experience, salary, and potential to network, with subsets in each category, the ISB said on Friday. Globally, ISB is ranked number two under 'open new career opportunities' parameter which includes diversity of recruiters, placement success, alumnus rating of career service; fifth in Australasia and seventh in 'alumnus rating of alumni effectiveness' parameter under the 'potential to network' category. Expressing happiness over the global ranking, ISB Dean Rajendra Srivastava said The Economist's ranking reiterates that the <keyword id="107736" type="ORGANIZATION" weightage="20" keywordseo="Business-school">business school</keyword> offers the best holistic education to its students and equips them to become future ready. "This global ranking is a clear testimony that ISB is at the forefront in offering the <keyword id="10638085" type="UNKNOWN" weightage="20" keywordseo="finest-management-education">finest management education</keyword> to its students and has the resources and expertise to convert challenges into new growth opportunities," he added. "ISB was one of the early business schools to realign and pivot its approach to the unprecedented Covid-19 crisis, and was fully geared up to meet the challenge. ISB will continue to tread new growth path which in turn, will augur well in redefining management education, both at the national and international levels," he said. ISB is a global business school offering world-class management education to professionals at its campuses at Hyderabad and Mohali. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/youtube-starts-rolling-out-hashtag-landing-pages-heres-how-you-can-use-it/articleshow/80401578.cms">YouTube starts rolling out hashtag landing pages⁠— here’s how you can use it</a> <a href="https://www.businessinsider.in/stock-market/news/heres-how-indians-are-buying-tesla-facebook-and-apple-shares-through-brokerage-startups/articleshow/80403004.cms">Here’s how Indians are buying Tesla, Facebook, and Apple shares through brokerage startups</a> <a href="https://www.businessinsider.in/stock-market/news/how-to-check-allotment-status-of-indian-railway-finance-corporation-irfc-ipo/articleshow/80406208.cms">Indian Railway Finance Corporation IPO allotment: Here’s how to check share allotment status</a>

Indian School of Business ranked 1st in India, 44th globally as per MBA Ranking 2021 by The Economist

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><a href="https://upload.wikimedia.org/wikipedia/en/3/31/Kilver_Court_Gardens_Shepton_Mallet.jpg">Wikimedia Commons</a></div></div></div>There's a lot to be worried about in the stock market. The bull market is in its sixth year as earnings growth taper and the global economy slows.But even if the markets and economy as a whole were to turn, there will continue to be growth stories here and there that'll deliver no matter what.These are the secular growth stories.On Tuesday, Morgan Stanley released its annual list of secular growth stocks."To build this Secular Growth Stocks list, we started by screening Morgan Stanley's North America coverage for stocks rated Overweight or Equal-weight, where our analysts forecast 2014-17 growth of at least 15% for EPS and at least 10% for revenue," Morgan Stanley explained. "We then we asked our analysts to identify the stocks from this universe for which they had high conviction in the company's "secular growth" characteristics, regardless of the economic environment, including some stocks that exhibited strong growth but fell slightly outside the original screen's parameters (for example, several of the names had negative base-year EPS)." We've summarized Morgan Stanley's list here, including projected compound annual growth in earnings per share from 2014 and 2017, the projected 2016 price-to-earnings (P/E) ratio, and the price-to-earnings-to-growth (PEG) ratio. Growth stocks with lower PEGs are generally considered cheaper.You'll not only find some well-known names on the list -including Google, Facebook and Apple - but also a smaller companies that Morgan Stanley says are under-the-radar.

MORGAN STANLEY: Here are 36 stocks that should thrive no matter what

Mumbai (Maharashtra) [India], November 17 (ANI): Reserve Bank of India Governor <keyword id="6359111" type="General" weightage="80" keywordseo="shaktikanta-das" source="Orion">Shaktikanta Das</keyword> chaired meetings with Managing Directors and Chief Executive Officers of public sector banks and certain private sector banks on Wednesday. The meetings were also attended by Deputy Governor M. K. Jain along with a few senior officials of the RBI, the central bank said in a statement. Governor Das acknowledged the crucial role played by the commercial banks in supporting economic growth throughout the turbulent times since the outbreak of the pandemic and the ongoing financial market turmoil. Das further stated that despite challenges, the Indian banking sector has remained resilient and continued to improve in various performance parameters. "He advised the banks to remain watchful of the evolving macroeconomic situation, including global spillovers, and take mitigating measures proactively so that the potential impact on their balance sheets is minimised and financial stability risks are contained," the RBI statement said. Among other matters, issues relating to lagging growth in deposits vis-a-vis credit growth, asset quality, investments in IT infrastructure, adoption of new-age technology solutions, and functioning of Digital Banking Units were also discussed. (ANI)

'Remain watchful' is RBI Governor's advice to heads of banks amid global headwinds

In a bid to encourage start-ups, the <keyword id="6354952" type="ORGANIZATION" weightage="80" keywordseo="Delhi-Government">Delhi government</keyword> is taking steps that will exempt them from various rules and regulations till they achieve a particular turnover, a top official told PTI. 
 Lots of start-ups are coming up in the country and there is a need to provide them a conducive environment for their growth, Secretary in the Department of Industrial Policy and Promotion (<keyword id="6391107" type="ORGANIZATION" weightage="80" keywordseo="DIPP">DIPP</keyword>) <keyword id="6358887" type="PERSON" weightage="80" keywordseo="Amitabh-Kant">Amitabh Kant</keyword> told PTI. 
 
 
"I think the challenge really is that how do we ensure that they (start-ups) do not have to go through any of the government procedures and regulations. 
 
"We are pushing for that for a particular number of years or till they achieve a particular turnover. These start-ups do not have to go to the very complicated process of company registration or labour registration or going through income tax processes and they keep away from the government and that is something which we are trying to evolve," he said. 
 
Kant also said India is seeing a huge energy, vibrancy and dynamism in start-ups and "We have to encourage lot of people to get into manufacturing" 
 
"Start-ups have to be given a major thrust," he said adding, "our aim is that we should be able to create an eco system where manufacturing and young start-ups flourish". 
 After 'Make in India' drive, Prime Minister <keyword id="6354477" type="PERSON" weightage="80" keywordseo="Narendra-Modi">Narendra Modi</keyword> in his Independence Day speech had announced a new campaign - Start-up India; Stand up India - to promote entrepreneurship. 
 
As per estimates, there are about 3,200 tech-led start-ups in India, with 800 coming on board every year. 
 
Talking about ease of doing business, Kant said the government has taken several steps to improve India's ranking. 
 
India is currently ranked 142nd among 189 nations in the World Bank's Ease of Doing Business 2015 study. With the exception of two parameters (getting credit and protecting minority investors), India does not feature in the top 100 in the remaining parameters. 
 
In 'dealing with construction permits' and 'enforcing contracts' parameters, India ranks among the bottom 10 economies as per the ranking. 
 
On the report he said: "The World Bank study was based on only Mumbai and Delhi. Now Mumbai and Delhi are not business centres any more, they are commercial areas. Industries have moved out of Delhi and Mumbai to areas (such as) Haryana, Pune, Nashik and Aurangabad. 
 
"So I think the World Bank study in someway is flawed because of its representative charter being only Mumbai and Delhi," he added. 
 
Kant expressed hope that, this year India's ranking would improve in the report. The efforts aims at bringing India into the top 50 ranks in the ease of doing business. 
 
Image credit: Indiatimes

Delhi government working on plans benefiting start-ups: DIPP secretary Amitabh Kant

Mumbai, Jul 3 () Corporates with adequate balance sheet strength are more likely to sustain the impact of the COVID-19 pandemic which has affected all the sectors, says a report. In the current exceptional circumstances, it is futile to look at profit and loss parameters, according to the SBI's research report, Ecowrap. "What will be more important to closely observe the balance sheet strength. Ideally, corporates with such strength will be able to navigate through this exceptional times," the report said. It said no sector is untouched with the impact of COVID-19 and subsequent lockdowns even after opening up will prolong the economic pain.The report has looked into balance sheet strength of various sectors based on some key parameters such as debt-to-equity (DE), debt service coverage (DSCR), interest service coverage ratio (ISCR) and cash and bank balance to debt. Sectors such as automobile, FMCG, consumer durable though have reported negative growth in all key parameters in the fourth quarter of FY2020, have the requisite balance sheet strength to come out from the current situation, the report said. While the automobile sector has a DE ratio of 0.20 and DSCR and ISCR of 1.57 and 5.56 respectively, the consumer durable sector has a DE of 0.25 and DSCR and ISCR of 4.77 and 8.93 respectively. There are sectors such as sugar, steel, telecom services and constructions among others that do not have the balance sheet strength and may face difficulties in this uncertain period, it said. For example, sugar sector which is not performing well is also having high DE of 1.58 and low DSCR and ISCR of 1.03 and 1.52 respectively. The report said sectors such as textile and construction have DSCR and ISCR that are significantly low which shows the weak repayment capacity of loan as well as interest. Within such sectors also there may be some corporates with higher DE as compared to others and may be affected more, it said. Dividend pay out by IT firms likely to dip as companies are looking at conserving cash due to COVID-19 uncertainties and after effects, it said. The report said the pandemic has resulted in unprecedented rating downgrade across sectors. In capital goods (capital goods and engineering) a massive 870 downgrades was seen as compared to only 50 upgrades in the first quarter of FY2021. Construction, textile, steel, reality, auto ancillary, gems and jewellery have reported huge downgrades during the period as compared to very small or no upgrades. There were 182 rating upgrades and 2,996 rating downgrades, for the select sectors during this time, it said. "In terms of rating downgrades, it seems the current crisis is unprecedented and it is important to look at corporates within sectors that have adequate balance sheet strength" the report said. HV MR

Corporates with adequate balance sheet strength may manage Covid impact: Report

Riding on increase in sales of the top three manufacturers – <keyword id="6912" type="CITY" weightage="100" keywordseo="maruti">Maruti</keyword> Suzuki, <keyword id="596" type="CITY" weightage="100" keywordseo="Hyundai">Hyundai</keyword> and <keyword id="6374147" type="COMPANY" weightage="100" keywordseo="Honda-Cars">Honda Cars</keyword>, car sales jumped 17.9% in August. This is also the third successive month for a double-digit growth in car sales. 
 
Led by compact and utility vehicle segments, wholesale dispatches of Maruti Suzuki increased by 29.3% in the month to 98,304 units as against 76,018 units in the same month last year. 
 Propelled by new launches like <keyword id="2453418" type="UNKNOWN" weightage="80" keywordseo="Elite-i20">Elite i20</keyword>, <keyword id="2044743" type="UNKNOWN" weightage="80" keywordseo="Xcent">Xcent</keyword> and the Grand, Hyundai’s sale increased 19.2%. 
 
Rakesh Srivastava, senior vice-president – sales and marketing, Hyundai Motor India said, "We maintain a cautious optimism for a good festive season on the strength of new products, increase in demand for petrol cars and improving customer sentiments." 
 
Honda Cars India, too, maintained the momentum with an 88% increase in in domestic wholesale dispatches. 
 
Kumar Kandaswami, senior director, Deloitte Touche Tohmatsu India, said, "The spurt in growth seems to be more on account of the prevailing sentiment rather than on hard economic data, at the moment. There may be a tapering off of demand if the economic parameters remain weak in the coming months."

Car Sales Go Up By 17.9% in August

<ul><li>German software multinational SAP Labs has been ranked as the top ‘new-age employer’ in India by career guidance platform Jobbuzz. </li><li><keyword id="102187" type="COMPANY" weightage="20" keywordseo="Cisco-Systems">Cisco Systems</keyword>, Bank of America and HP are the most preferred companies for work-life balance. </li><li>The list, which is dominated by R&amp;D, IT &amp; FMCG companies is based on four parameters — work-life balance, career growth, salary and work culture.</li></ul>German software multinational SAP Labs has been ranked as the top ‘new-age employer’ in India — thanks to its lucrative salaries. Career guidance platform JobBuzz has taken employee ratings and reviews into considering to arrive at the rank. The enterprise software maker scored the highest overall rating of 4.03 points, as per JobBuzz 2019 Annual Workplace Index Report. SAP also scored 3.96 points in terms of remuneration followed by <keyword id="69388" type="DOMAIN" weightage="20" keywordseo="Novartis">Novartis</keyword> AG, Philips and Microsoft. The rank is in line with the survey by job search platform <a href="https://www.businessinsider.in/careers/article/these-are-the-10-top-rated-tech-workplaces-in-india-according-to-indeed/articleshow/72878491.cms">Indeed, which too listed SAP as the top tech workplace in India</a>. “We have created a non-hierarchical, diverse and inclusive culture which speeds up our innovation and helps our customers to run at their best,” Sindhu Gangadharan, Senior Vice President and Head of SAP Labs India had earlier said. Cisco offers the best work-life-balance However, for those employees who look for work-life-balance Cisco Systems, Bank of America and HP are the most preferred companies, as per Jobuzz survey. The overall rankings however are based on four parameters — work-life balance, career growth, salary and work culture — which reflects the key factors influencing employees while choosing a company. “Companies now offer provisions like entrepreneurship lessons for employees, leave sharing among employees or extending medical cover to LGBTQ partners and even company-sponsored upskilling options – all in a bid to retain and attract great talent,” Sanjay Goyal, business head of TimesJobs &amp; JobBuzz said. Their list is dominated by R&amp;D, IT &amp; FMCG companies. Other companies ranking in the top 10 list include Novartis AG, <keyword id="183920" type="COMPANY" weightage="20" keywordseo="Marriott-International">Marriott International</keyword>, General Electric, Cisco Systems, Nokia, Hindustan Construction, CBRE South Asia, Bank of America and the GMR Group. The report analysed responses from over a million current and past employees. See also: <a href="https://www.businessinsider.in/careers/article/these-are-the-10-top-rated-tech-workplaces-in-india-according-to-indeed/articleshow/72878491.cms">ISRO becomes the fifth best place to work in India - after it jumps five spots</a> <a href="https://www.businessinsider.in/always-on-work-culture-is-affecting-mental-health-of-indians/articleshow/69522649.cms">‘Always On’ work culture is affecting mental health of Indians</a> <a href="https://www.businessinsider.in/careers/news/benching-firing-and-re-deploying-the-story-of-20000-employees-at-tech-majors/articleshow/71934414.cms">Benching, firing and re-deploying — the story of 20,000 employees at tech majors</a>

SAP Labs offer the best salaries in India and Cisco the best work-life balance, says survey

An investor will always do his due diligence before he makes an investment in a startup. And when it’s an <keyword id="464532" type="UNKNOWN" weightage="20" keywordseo="Angel-investor">angel investor</keyword>, he has to be doubly sure about his decision. If you are an angel investor and thinking of investing some of your monies in a startup, make sure you read these tips. 
	 
	The core team 
	 
	This criteria becomes all the more important for an angel investor because he will be funding a startup on his own. This should be kept in mind especially if it is a seed funding. Learn more about the core team who have launched the company and then decide. 
	 
	Growth opportunities 
	 
	As an angel investor, you will find ample opportunities to grow along with the company. You can be more than just an investor in the company. If you don’t see that growth opportunity in the startup, maybe you should look at some other options. 
	 
	The market space 
	 
	The next parameter is the sector of investment. Assess the sector in which the startup has been launched. Since you are an angel investor, understand where your money is being invested. 
	 
	Emergency exit 
	 Every investor looks for an <keyword id="1718519" type="UNKNOWN" weightage="20" keywordseo="easy-exit">easy exit</keyword>, if unwarranted circumstances arise. Hence, easy exit is a crucial factor for any angel investor before they zero in on a new venture.

These tips will help you be a
smart angel investor

New Delhi, Jan 29 () Business services provider Quess Corp on Wednesday reported a 11.3 per cent rise in consolidated net profit at Rs 71.31 crore for the December 2019 quarter.
It had posted a net profit (attributable to owners of the company) of Rs 64.04 crore for the corresponding period of the previous fiscal, Quess Corp said in a BSE filing.
Its revenue from operations grew 35.8 per cent at Rs 2,950 crore for the quarter under review from Rs 2,172.15 crore in the year-ago period.
"This quarter saw us continuing to execute our corporate initiatives with significant improvement in business operations and corporate structure," Quess Corp Chairman and Managing Director Ajit Isaac said.
He added that while the company delivered a 36 per cent growth in revenue and 52 per cent rise in EBITDA (earnings before interest, tax, depreciation and amortization), its focus on other key financial parameters in the form of cash generation, debt reduction and interest cost reduction has been robust. 
The company saw strong growth in its staffing business, registering headcount addition of 67,000 associates over the last four quarters. 
"Our facilities management business continued its strong organic growth momentum during the quarter with revenue up 11 per cent year-on-year to Rs 347 crore...Our tech services business reported a strong revenue growth up 19 per cent year-on-year to Rs 544 crore from Rs 456 crore owing to 13 per cent increase in Conneqt and the Allsec acquisition," the filing said. SR RUJ
RUJ

Quess Corp Q3 net up 11.3 pc to Rs 71 cr

<ul><li>According to a new report published by the Pew Research Center, only 25% of Indian adults use the <keyword id="6357247" type="UNKNOWN" weightage="20" keywordseo="Internet">internet</keyword>. </li><li>Not only is that the lowest rate of internet use in Asia, but it’s also the lowest globally. </li><li>Even with respect to owning a smartphone and using social media, India’s at the bottom of the table. </li></ul>There have been quite a few reports that <a href="https://www.financialexpress.com/economy/digital-india-goes-rural-modis-digigaon-to-bring-villages-on-wi-fi-internet-to-boost-literacy-incomes/1176688/">applaud</a> the level of <keyword id="149967" type="PERSON" weightage="20" keywordseo="internet-penetration">Internet penetration</keyword> in India, but the Pew Research Center’s <a href="http://www.pewglobal.org/2018/06/19/social-media-use-continues-to-rise-in-developing-countries-but-plateaus-across-developed-ones/">newest survey</a> shows that only 25% of adults in India use the internet, at least, occasionally or report owning a smartphone in 2017. In comparison, not only does South Korea have the highest internet use rate in Asia at 96%, it’s also the highest percentage globally. China, on the other hand, did not have data for 2017 but the reported percentage in 2016 was at 71%. 
	
	
	
	<div type="image" title="1" msid="64667826" hostid="261"></div>









 Meanwhile, the global average lies at around 75% which is thrice the level of India at this point. Getting online One of the parameters measured in the study was the number of adults who report owning a smartphone. In this case, it is interesting to note that despite being the <a href="https://www.canalys.com/newsroom/india-overtakes-us-become-second-largest-smartphone-market">‘second largest smartphone market</a>’ of the world, only 22% of Indian adults reportedly own a smartphone. 

	
	
	
	<div type="image" title="Internet use in India_ Report" msid="64667827" hostid="261"></div>









 On the other hand, statistics like these provide insight into one of the reasons why the smartphone market in India is so competitive with new players waiting to edge in. The poll of untapped potential customers is vast. India’s smartphone ownership is the second lowest globally between Tanzania’s at 13% and Tunisia at 27%. The richer, the better As per the data presented by the Pew Research Center, there’s a strong correlation between the wealth of nations and the level of internet use. As the income of a nation increases, the number of adults who use the internet also increases. India and Tanzania are on the lower end of the curve with the lowest incomes and lowest internet use while the US and the Netherlands are on the opposite end with high incomes and a high percentage of adults online. Silver lining India may have the lowest internet use rate in the world, but since 2013, it’s gone up 9 percentage points from 16%. Between 2016 and 2017, internet use among adults increased from 21% to 25% after having fallen a whole percentage point the year before. 
	
	
	
	<div type="image" title="3" msid="64667828" hostid="261"></div>









 Even smartphone ownership made an impressive jump between 2016 and 2017 - from 18% to 22%. And, the use of social networking platforms went up by 6 percentage points from 14% to 20%. Pew Research Center’s analysis shows that despite the low levels of penetration, emerging and developing economics are still exhibiting upward trends in growth on average, while advanced economies show stagnation, if not negative growth. In fact, over the past five years the emerging economies that were a part of the data set showed steady increases across the three parameters of measurement. 
It should be noted that only 37 countries were a part of this study with 40,448 respondents.

You Searched For "Growth parameters" and got 13 results

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These tips will help you be a smart angel investor

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Quess Corp Q3 net up 11.3 pc to Rs 71 cr

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India has the lowest percentage of adults using the internet in the world: Report

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