With 19 per cent market share, Samsung rules supreme in India.
As BlackBerry launches the first smartphone in India, the company faces new competition from a formidable rival - Apple.
For Rs 14,900 (Rs 18,900 with the wireless charging case), they are a great gadget, says Veer Arjun Singh, but he has a few concerns.
Apple's stock rose 5.89 per cent to a record-high close of $201.50 on Wednesday following the company's better-than-expected quarterly results.
India's first $1 trillion company by market capitalisation (mcap) is achievable by 2032 and HDFC Bank and Reliance Industries (RIL) are seen as lead contenders, ICICI Securities said in a note on Monday. To achieve this, the shares of both the firms will have to appreciate at least 20 per cent annually for the next decade. ICICI Securities believes this is possible if India's gross domestic product (GDP) growth accelerates to 9 per cent per annum and corporate profitability cycle peaks. "Our calculations suggest that India's first $1 trillion mcap stock could emerge by 2032.
Korean electronics major Samsung expects its new foldable devices Galaxy Fold 5 and Galaxy Flip 5 will enable it to capture half of the super premium smartphone segment in India, currently dominated by iPhone maker Apple.
Indians prefer to buy electronic products such as smartphones offline. The reason being the ability to "touch and feel"
India is all set to make its presence felt in the $47 billion global outsourced semiconductor testing and packaging market, an arena where Malaysia and Vietnam have been way ahead so far. The Cabinet last Thursday cleared two projects, the Tata's assembly testing and packaging plant (ATMP) and the Murugappa-owned CG Power with Renesas from Japan as its tech partner. These, together with Micron's assembly and testing plant which is already being constructed in Sanad in Gujarat, will collectively invest Rs 47,300 crore to set up the factories.
Apple Inc has announced the India prices of the new variants of its bestselling smartphones - launched on Tuesday - as it assembles the device in the country. The new iPhone 15 range starts at Rs 79,900 for the 128 GB variant (the same price as the iPhone 14 when it was launched last year) and goes up to Rs 199,900 for the top-end Pro Max with a 6.7 inch screen and 1 TB (terabyte) storage. The world's most valuable company also launched three new upgraded Apple watches, starting with the SE at Rs 29,900 and going up to Ultra 2 at Rs 89,900.
Rediff readers share their favourite Christmas recipes. You can share yours too!
Samsung has reason to be worried.
The trip was more about understanding the Indian market, but was also about signaling to the world that Apple has arrived in India
Singh has questioned the reliability of the EVMs on more than one occasion following the Congress' defeat in the recent assembly polls in Madhya Pradesh, Rajasthan and Chhattisgarh.
Sukanya Verma gives us some interesting options.
Many promoters still consider the cash in the company as their money and are averse to sharing this pie with minority investors, points out Akash Prakash.
Rediff reader Gitanjali Gurbaxani shared these yummy recipes with us.
Samsung recently introduced its "S bike" mode, a feature targeted at India's legions of motorbike riders that, when activated, notifies callers that the phone's owner is riding and cannot answer
If Tesla comes in, India's position as a manufacturing hub will rise many notches, as it will become only the second country, after China, to have both Apple as well as Tesla.
A crunchy cinnamon-spiced fruit dessert topped with oats and nuts. Do you have a recipe to share? Email it to us!
The California walnuts shipped from the US to India have seen a sharp uptick with imports more than doubling from September to November against the same period last year. This comes after New Delhi removed its retaliatory customs tariffs on the key dry fruit. Two days ahead of US President Joe Biden's visit to New Delhi to attend the G20 Summit on September 9-10, India dropped additional customs duties on about half a dozen US goods that were imposed in 2019 in response to America raising tariffs on certain steel and aluminum products coming from India.
We enlist some of the key features of iOS 9, so sit tight.
India and the US have mutually resolved all six trade disputes pending at the World Trade Organisation (WTO), in line with the commitment made by the two countries during the US visit of Prime Minister Narendra Modi last month, an official said. The official said that both countries have informed the WTO's dispute settlement body (DSB) about the resolution of all the pending disputes. The WTO has already issued a communication with regard to one of the disputes related to the imposition of additional customs duties by India on 28 US products.
Congress leader Rahul Gandhi on Tuesday claimed that people in his office, several party and other opposition leaders have been sent a warning by Apple of state-sponsored attackers targeting their phone, and alleged that as soon as the Adani issue is touched, probe agencies and snooping are deployed.
Airtel offers 4G service in 1800 Mhz band frequency while other companies are yet to roll out their services.
The US market has been a standout performer this year, with the benchmark Standard and Poor's 500 (or simply the S&P 500) gaining over 16 per cent during the first half of calendar year 2023 (CY23) in what was its best first-half show since 2019. By comparison, India's National Stock Exchange Nifty 500 has gained 6.4 per cent. On the surface, it appears that the US markets have done exceedingly well. However, a deeper analysis reveals the gains in the domestic market to be more well-spread.
Meanwhile, TikTok said it has faith in the Indian judicial system.
A single security lapse could lead to complete wipe out of your crypto assets in seconds, with no recovery in sight, warns Nikhil Sethi.
India and the US have settled the last trade dispute at the World Trade Organization (WTO) over poultry products, according to a joint statement released on Friday. With this, the two countries have mutually resolved all the seven pending trade disputes at the WTO. "The leaders lauded the settlement of the seventh and last outstanding WTO dispute between India and the United States.
Hitesh Harisinghani/Rediff.com was present when Apple CEO Tim Cook opened India's first Apple store at the Bandra Kurla Complex, north west Mumbai, on Tuesday, April 18, 2023.
The Indian cricket fraternity praised the team for pulling off the win.
Nineteen per cent of global fund managers remain bullish on India, suggests the latest BofA Asia Fund Manager Survey (FMS). A total of 249 panelists with $656 billion worth of assets under management (AUM) participated in the survey between February 2 and 8, BofA said. Two hundred and nine participants with $568 billion AUM responded to the global FMS questions, while 145 participants with $331 billion in AUM responded to the regional fund manager survey (FMS) questions, BofA said.
The search giant's music streaming service in India is priced a third lower than the iPhone maker's subscription fee.
'An unforgettable moment meeting Tim Cook on keynote day at Apple Cupertino! Thank you for having me, Tim. It was a pleasure to see the stunning Apple Park and to meet you! I will gladly take you up on the offer to play badminton when you visit India next.'
A fleet of cutting-edge premium handsets have been lined up by OnePlus, Google, Huawei and Nokia.
Apple reduced channel inventory by $3.6 billion.
A customer has filed a complaint before the Commission under section 4 of the Competition Act 2002
With 3G-enabled smartphones and network coverage finally starting their gradual proliferation of the market, Apple has finally announced it will be releasing the much awaited and almost outdated (the iPad 2 might just be around the corner) iPad in India, in partnership with BSNL.
Foxconn has said it is aiming to develop 10-12 facilities in India, including factories and data centres, by 2020
The development comes at a time when growing tension in US-China trade ties is forcing companies to explore alternative manufacturing sites in order to derisk operations.
