While iPhone 6 and iPhone 6 Plus are being sold at $199-499 (Rs 12,100-30,400) with a two-year contract in the US, buyers in India are purchasing these at the grey market for a whopping Rs 100,000-200,000.
No business delegation has been cleared yet for Prime Minister Narendra Modi 's visit to America from Friday.
Retail giants are looking at Indian start-ups in the big data and analytics space
Company to set up task force to implement 2,000-plus ideas it has received.
Ministers in the Narendra Modi government have been busy making presentations on their 100 days of work. But what these presentations do not mention is that decisions by ministers have been few, with plenty of papers and files moving to the Prime Minister's Office, which is increasingly emerging as a centralised clearance point, even for routine and ordinary issues. Though policy paralysis was a term used freely for the United Progressive Alliance regime, questions are now being raised about pending decisions across ministries and whether at least some ministers have turned redundant.
After spending time at several of the company's delivery locations in India over the past week and holding town hall discussions with employees, on Monday Sikka wrote to the company's staff seeking their views on how to improve Infosys.
Company identifies areas like cognitive technologies, artificial intelligence, man-machine interface, robotics
Carrefour had in July announced it was exiting the India market
In an email interview with Business Standard, Mindtree's co-founder and chairman says the company was designed to outlive the founding team and no such departure is a loss.
Most top industrialists rate PM's first 100 days in office as 'good', primarily due to his intentions, not concrete policy measures.
Modi has often been accused of promoting crony capitalism in Gujarat for his proximity to certain businesses.
Analysts say no pressure on new CEO for immediate results.
It has replacements ready even for senior managers, in case someone quits.
Crowds expected from Gujarat and other states
Sources said the promotions, most of those on the delivery side of the business, would be handed out before October.
Rajeev Mehta, chief executive for IT services, believes this is due to a few client-specific issues, saying the overall business environment continues to look good.
At least a dozen officers from Gujarat are handling key assignments in various important central positions
Even as Microsoft has seen exponential growth for its cloud platform Azure in India, the firm has not yet set up local servers.
Infosys Chief Executive Officer-designate Vishal Sikka might be new to Indian information-technology (IT) services business, but his past credentials were enough for the company's shareholders to offer him a warm welcome at an Extraordinary General Meeting (EGM) that was called to seek approval for his appointment, among other things.
Wipro, has set up a venture capital (VC) fund that will look at investing in early-to-middle stage technology start-ups globally.