Hike

Optimistic about demand growth in the current fiscal, JK Tyre & Industries Ltd on Thursday said it has increased price by 6-7 per cent and a further hike is under consideration to reduce the raw material cost pressure. The leading tyre maker said EBITA has started improving and it is likely to be better in the forthcoming quarters. "On an average, the cost input impact on the company due to the unprecedented commodity price inflation was around 30-35 per cent over the last 18 months. We have taken consistent price hikes in the last fiscal and even in this fiscal further price increase to the tune of 6-7 per cent has been done, JK Tyre president (India) Anuj Kathuria said. However, the company has not been able to pass on the entire cost increase and further price hikes are under consideration, he said on the sidelines of the launch of two new tyres for the truck and bus radial segments. "EBITA is improving and it is expected to get better in the subsequent quarters with the price .

This latest round of funding will be deployed to expand Hike's product strategy along with enabling high-quality hiring across functions

It seems users were only being coquettish in looking for an alternative; they never actually dumped the app

Here's a selection of Business Standard opinion pieces for the day

India's first home-grown messenger app Hike shut down and vanished from app stores on Monday

The startup valued at $1.4 billion in a 2016 funding round announced its app was going off the air earlier this month without explanation

Business Standard lists three WhatsApp alternative that are free to use

The man hadn't completed school but it took him an hour to sort out her forms. He got the parish details from their church Whatsapp group for school number one

Railways have increased passenger fares by 1 to 4 paisa across various classes. But is that enough for the cash-strapped national transporter ? Listen to this podcast to know more

Raises passenger fares from 1-4 paisa in non-suburban trains

From aspiring to be India's answer to WeChat to trying to be another Sharechat, Hike's rollercoaster starts again

Hike is teaming up with Intex Technologies, Karbonn Mobiles to introduce new smartphones, which will cost Rs 3,500-5,000

Home grown messaging app Hike Messenger is set to roll out a "Video Stories" feature on Saturday which will allow users to share videos of up to 20 seconds.

Hike aims to cater to a large number of young users on its platform with the new features that are similar to those offered on Snapchat

hike has 12 live filters, including one that changes a user's face to Narendra Modi

Hike is also focusing on video to take on rivals like WhatsAppb

The scion of the Mittal family wants to make the app a one-stop spot for all activities

All Android users will have the feature this week, while iOS users will get it "very soon,"

India's home-grown instant messaging platform is riding high but its real challenge - revenue stream - begins now

Hike's growth underscores India's e-market potential