Apple Inc has significantly increased its production of iPhones in India, accounting for almost 7% of its total iPhone production, up from 1% in 2021, Bloomberg News reported on Thursday. The company assembled more than $7 billion worth of iPhones in the country in the last fiscal year, the report said. Apple did not immediately […]
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A group of Indian startups has asked a court to suspend Alphabet Inc Google’s new in-app billing fee system until the country’s antitrust body investigates the U.S. firm for alleged non-compliance with its directives, a legal filing showed. The Alliance of Digital India Foundation (ADIF) last month asked India’s antitrust regulator to investigate Google for […]
Apple Inc on Wednesday revealed the look of its first retail store in India, as several people tried to catch a glimpse outside the store’s black and yellow artwork patterned after Mumbai’s iconic taxis. The store is still in barricades and is likely to open this month, a person familiar with the matter told Reuters. […]
The telecom industry is constantly evolving, and with the advent of 5G technology, many are already looking ahead to the future of 6G. While many are eager to leap into the future, some raise concerns about the need to address current infrastructure challenges. As one famous quote says, “Rome wasn’t built in a day.” Therefore, […]
Plane giants Airbus and Boeing face mounting pressure to set up jetliner plants in India, after the country’s civil aviation minister told Reuters the “time has come” to serve its soaring demand with jets assembled on domestic soil. Jyotiraditya Scindia said conditions were ripe for a “leap of faith” by both jetmakers as India’s fast-growing […]
Tata Consultancy Services (TCS) CEO Rajesh Gopinathan is resigning in an unexpected move to pursue other interests, adding to worries for India’s largest IT services provider amid slowing tech spending and challenges in its key markets. The company named its president and head of global financial services business K Krithivasan as the CEO-designate, effective March […]
India’s state minister for technology said on Sunday he will meet start-ups this week to asses the impact on them of Silicon Valley Bank’s collapse, as concerns rise about the fallout for the Indian start-up sector. California banking regulators shut down Silicon Valley Bankon Friday after the a run on the lender, which had $209 […]
India could become a key supplier of electronic parts and hardware for the United States, U.S. Commerce Secretary Gina Raimondo said on Friday, adding that Washington was not seeking a “technological decoupling” from China. Raimondo’s visit to New Delhi comes amid increasingly tight U.S. export restrictions on chipmaking technology to China which Washington says are […]
The United States and India will sign a memorandum of understanding on semiconductors as both countries discuss coordination of investment and continue dialogue around policies to spur private investment, U.S. Commerce Secretary Gina Raimondo said on Thursday. Raimondo, who is on a four-day trip to India, is accompanied by the chief executive officers of 10 […]
A push by Group of 20 (G20) president India to regulate cryptocurrencies gained support from both the International Monetary Fund and the United States on Saturday as finance chiefs of the bloc wrap up two-days of talks. India has said it wants a collective global effort to deal with problems posed by cryptocurrencies such as […]