• CLOTHING
    U.K. Retail Sales Rebound as Heat Wave Boosts Clothing Demand

    U.K. retailers received a summer boost last month as sweltering temperatures spurred sales of clothing. The quantity of goods sold in stores and online rose 0.6 percent, more than economists forecast, following a 1.1 percent decline in May, figures from the Office for National Statistics showed Thursday. Sales excluding auto fuel jumped 0.9 percent. It […]

  • NEWS
    Samsung Boosts WiFi to Five Times Current Speed

    Forget about how fast your smartphone’s WiFi data transmission is today. You haven’t seen anything yet. Samsung says it has developed WiFi data transmission at speeds five times faster than the best devices on the market today. The company expects to start releasing devices with this enhanced data transmission speed as early as next year. […]

  • ELECTRONICS
    Government Buying Boosts Tablet Sales in India: CMR

    Thanks to government buying, the sale of tablet PCs in India rose marginally in 2015 with 4.4 million devices sold across the country – registering a growth of 13 percent over 2014, a report said on Wednesday. According to the “India Annual Tablet PC Market Review, CY 2015” by market research firm CyberMedia Research (CMR), […]

  • NEWS
    Flipkart secures a credit line of over Rs450 crore from HDFC Bank; Amazon’s localization of mobile tech boosts demand for its app

    Photo: iStock What to watch out for • Capital markets regulator Securities and Exchange Board of India to fast-track market reforms, ease start-up funding. • Amazon’s localization of mobile tech boosts demand for its app. • Flipkart has secured a credit line of over Rs.450 crore from private sector lender HDFC Bank, according to latest […]