Smartphone Cos may End 2018 with 50m Sets in Cart
Discounts, buyback offers and financing options set to drive online smartphone sales to record high
timesinternet.in New Delhi: Online sales of smartphones in India are set to cross the 50million mark in a year for the first time ever in 2018, driven by discounts, buyback offers and easy financing options offered by etailers such as Flipkart and Amazon.
Besides, in October-December, smartphone sales growth through the ecommerce channel is set to far outpace offline sales for the second quarter running.
Research firm CMR estimates online sales in the fourth quarter of 2018 will increase 60-65% year-on-year while sales in bricks-and-mortar stores are likely to fall 4-6%. Counterpoint Research, on the other hand, has projected a 51% increase in online sales and 11% for offline. Analysts said the expected spurt in online sales is likely to result in an overall increase of 25% in sales of smartphones in the quarter to December.
Counterpoint Research has projected that online sales of smartphones in India in 2018 will cross 50 million units, compared with 45 million in 2017.
“With the onset of festival season, more smartphone vendors in partnership with ecommerce players are offering discounts which when clubbed with other exciting offers result in an overall 50-60% discounting on final purchase – which cannot be matched by offline channel partners,” said
sales may jump year-on-year in Q4
This may push in the quarter Online channel may account for of overall smartphone sales in Q4
may in Q4
with discounts, buy-back offers and easy financing options Upasana Joshi, associate research manager-client devices, IDC.
Online sales are also being driven by new value-added services, including extended warranties, said Prabhu Ram, head-industry intelligence group at CMR.
Counterpoint Research’s analyst Anshika Jain said the online channel could contribute about 38% of overall smartphones sales. As per CMR, the online channel will account for about 45% of the overall smartphone sales. Online sales accounted for 32-33% of overall sales for several quarters before the surge during this year’s festive season. Market research firm techARC has gone a step ahead and projected that online sales will account for more than half the total smartphone sales, at 53% of the total 36 million smartphones it expects to be sold during the October-December period.
sales up smartphone Offline sales driving
In early days, moong dal was used in sambar. The source of the beautiful heat in sambar was our country’s very own and the good old black pepper The practice of consuming sambar is very different in all southern states Breakfast sambar is a side dish and not the main course. This will be sub-classified. Andhra breakfast sambar is influenced by Karnataka while Kerala and Tamilnadu share almost the same practice when it comes to sambar Breakfast sambar will have minimal vegetables and will be a bit runny Network firms of Deloitte were auditors to both, while a network firm of EY is the current auditor of IL&FS. In many bankruptcy situations too, network firms of the Big Four were found to be the auditors. Several domestic firms wanted the foreign ones barred from India. However, the panel recommended that branding with international networks should be allowed and suggested that appropriate changes to respective laws and chartered accountant regulations be made in order to increase competitiveness. It also said that Indian audit firms that are members of international networks being set up as partnerships or limited liability partnerships (LLPs) under Indian laws do not violate the rules as long as all are members of the Institute of Chartered Accountants of India (ICAI).
“Activation of the independent regulator NFRA (National Financial Reporting Authority), formation of multi-disciplinary partnerships, activation of global brands for audit including marketing and business promotion, transparency on non- audit service fees, are all steps aligned with the direction progressive countries have already moved towards,” said Vishesh Chandiok, CEO, Grant Thornton India. “If implemented as suggested, the recommendations of the CoE (committee of experts) will improve audit quality, financial reporting and in the process ease of doing business in India.”
Indian firms alleged that the multinationals flout ICAI rules on two other counts. One, though the audit units of MAFs operate as separate partnerships and LLP entities, they share infrastructure, backend and support staff, practically operating as one firm. Two, larger firms indulge in brand-building activities and market their wide bouquet of non-audit services to clients, thus boosting the audit business. “The burning issues of the Indian i had always believed in the legend that Sambhaji, the son of the great Shivaji, one afternoon while trying to cook Aamti in the absence of the cook, made a great discovery. Instead of Moong dal he used Tur/Arhar Dal and tamarind in place of kokum and magic happened ‘Sambar’ came to exist, and was named after Sambhaji, and was relished by the world But when the red chilli reached the southern coast, it influenced sambar in many avataars
The chillis with wrinkled skin are like Kashmiri chillis and less in heat but create beautiful red colours in the sambars of karnataka Breakfast: The breakfast sambar is also known as Tiffin sambar audit firms, that have diligently adhered to the laws of the land for decades, have not been addressed in the so-called expert report,” said Raghu Aiyar, CEO, KS Aiyar & Co, India’s oldest audit firm, who had complained against foreign firms in a letter to Prime Minister Narendra Modi. “While it would be too early to say what would be the next course of action for us, this is going to badly compromise India’s financial systems, by allowing Indian audit firms to collapse.” MAFs dominate the market with the Big Four and two others, Grant Thornton and BDO, collecting about .₹ 3,500 crore in auditing fees every year, according to industry estimates. The combined billings of the top 40 Indian auditing firms fall well short of the total fees of these six. Apart from this, the total revenue of the multinationals, which also offer other services, would be around .₹ 15,000 crore, according to industry estimates.
The report also said the term MAF was a “misnomer”. Merely being part of a network and sharing global costs does not make these Indian network firms MAFs as they are neither owned nor controlled by the international network or entity.
Experts said that audit is the only one part of foreign firms’ multi-disciplinary business and each of the top MNCs has made substantial investments in other lines of service. MAFs export services worth nearly $1 billion from India and employ more than 100,000 people in the country. Each of the Big Four has either the second or third largest workforce across their global networks in India. EY alone employs more than 10,000 chartered accountants in India services and global shared service centres.
Round, medium hot and named after Salem district of Tamil Nadu State
Soul of Andhra (2 states) Sambar Guntur chillis are famous for their heat Sambar before was very much a Bramhin cuisine and cooked without onions and tomatoes. Only with time it entered different community kitchens where a number of new vegetables became a part of the mix
Prior to Marathas, we had the Chola, Chera, Chalukya, Pallava and Pandiya dynasties. There are several inscriptions about the culture, food of each dynasty. There was a dish called Madura Kalavai during Sangam Era (300 BC). (Madura= nector Kalavai=mixture) Brahmin sambar powder does not have Khus Khus and saunf. Brahmins will use only costly long chillies as it gives a better taste. In Brahmin cuisine, usage of rock hing will be very heavy. That is the reason in olden days Brahmin cuisine was onion less as Hing’s flavour will balance the non-usage of onions. Hing is called Perungayam in Tamil and onions are called Vengayam. Both the gayams are supplementary and not complimentary
The sambar consumed in the morning is not the same as the afternoon sambar and dinner sambar is little different from the other two versions.
Unlike the breakfast sambar, lunch sambar is a main course. Usage of coconut is mandatory in lunch sambar Tamil Nadu sambar will be yellow, Karnataka will be red because of the use of chilli Flavoured with roasted dal, dried whole chilly, fenugreek seeds, coriander seeds, asafoetida and curry leaves, black pepper, grated coconut and cooked with vegetables like drumsticks, tomato, onion, radish and brinjal, ‘sambhar’ brightens up my Delhi days with dosa, idli or vada and I never knew how wrong I was Lunch: Even today, roughly 30-40% Brahmins (Orthodox) make sambar without onions and tomatoes. A Brahmin wedding sambar and temple sambar are still sans onions
SAMBAR Conversations with Shri Bala, a Tamil food historian, made the entire picture and the history clear to me
For your information the correct pronunciation is Sa-m-Baar
The Maratha influence in Tamil cuisine dates back (only from 1674) and is approximately 450 years Karnataka additionally has methi, rice, urad dal, jeera and a few peppercorns in the freshly ground masala Dinner:
Andhra especially Brahmins of Vishakapattnam (Vizhag) will add the outer skin of yellow and white pumpkin while making the paste which give the sambar a buttery texture. The other subtle difference is while steaming tur dal, onions (not shallots) will be boiled along with it. These differences make Andhra lunch sambar totally different from Karnataka and Tamil Nadu The Sangam era poems depicts the early ingredients of Madura Kalavai and you must understand that tomato, onion, and brinjal had nothing to do with the mixture and came to India much later and is only present in today’s ‘hotel’ sambars Sambar was not an invention, it was merely an improvisation of the very Tamil Kottu & Kuzhumbu (existed in 7th century AD) Also dates back to 7th Century and cooked with tamarind, dal, and vegetable This evolved into Sambar, with – samparam spiced condiments, arhar/tur dal and tamarind
Raw mango is used instead of tamarind. This is great with rice based dinner dishes which are little heavy compared to idli and dosai, such as Pidi Kuzhukattai or Puli Pongal or Arisi upma
Dinner sambar is not much popular and only certain communities enjoy it. This sambar is a moderation between tiffin and lunch sambar. There are not many vegetables in this sambar. The usage of tamarind is also little less Literal meaning - collection or addition, in culinary parlance – Common tamarind less gravy prepared on Thiruvadirai day (Kottu Kottansoru – Kottu & rice--a one pot meal which is mentioned in 7th century AD) Now that it is already afternoon I am going to have my usual vada sambar from the nearby Udupi shop Keep watching this space as soon i will be back with more spicy stories