Two days after Apple opened its first India store at the Bandra Kurla Complex in Mumbai, CEO Tim Cook did the honours at Apple Saket at the Select Citywalk Mall in New Delhi.
Despite all the noise around India's chance to leverage the China-plus one strategy, India's share of global foreign direct investment (FDI) inflows fell from 3.5 per cent in the first nine months of 2022 to 2.19 per cent in the same period in 2023, according to OECD data. The sharp drop of 54 per cent is much steeper than the overall global FDI inflow decline of 26 per cent in the first nine months. FDI inflows to China have fallen dramatically from a share of 12.5 per cent in the first nine months of 2022 to only 1.7 per cent in the same period in 2023.
Trading for long around Rs 75 a kg in Himachal Pradesh, they have risen in a week to Rs 90 a kg. In Jammu & Kashmir, it has gone from Rs 45 a kg a week before to Rs 55 a kg
For the first time in his political career, he failed to carry his party to even a working majority -- and again, for the first time in his career, he finds himself in a situation where he cannot rule by dictatorial fiat, points out Prem Panicker.
It had requested the government to grant it 15 years of duty-free import of components to assemble its iPhones in the country, sharing a road map to slowly indigenise products.
"Our humble contribution to India's growth story will continue. Jai Hind," Billionaire Gautam Adani said.
Sources say Apple is currently looking for a professional who can advise the company in dealing with the government.
Sukhu said that he was a warrior and will fight till his last to ensure the welfare of the state and its people.
"We are investing in India... We've already launched an app accelerator centre. That's on top of working with the channel and looking at expanding our go-to-market in general," Cook said during the company's third quarter earnings call on Tuesday.
Commerce and Industry Minister Suresh Prabhu is slated to meet senior executives of Apple on the sidelines of the World Economic Forum in Davos later this month.
Investors' desire for companies to prioritise returning cash to shareholders through share buybacks, dividends or mergers and acquisitions (M&A) is at the highest level since July 2015, said a survey by BofA Securities (BofA). Nearly 30 per cent of respondents wanted companies to do so. As many as 226 respondents with $572 billion worth of assets under management (AUM) participated in the March fund manager survey (FMS), said BofA.
Mother's Day reminded me of how my mom learned to cook Indian food.
Apple has been facing consumer uproar and a slew of lawsuits after it admitted to reducing performance of older iPhones to prevent unexpected shutdowns.
Big test for India, Eng; minnows likely to shake applecart
Apple Watch is expected to be available for preview from April 10.
Apple on Wednesday launched the Series 4 of the Watch and three phones -- iPhone XS, XS Max and XR -- at the Steve Jobs Theater in Cupertino, California.
Rediff readers share their favourite Christmas recipes. You can share yours too!
We enlist some of the key features of iOS 9, so sit tight.
It will be available from April 24.
An apple a day may not keep the doctor away, according to a new research which found that daily apple eaters had just as many doctor visits as those who did not regularly eat the fruit.
The new iPod features an 8 megapixel iSight camera.
Inaugurate your day with Chef Ranveer Brar's brekker recipes.
According to sources, developers of many of the 59 banned apps had taken down their apps from Google Play Store voluntarily.
Tech giant Apple on Tuesday unveiled its much-awaited iPhone 15 and iPhone 15 Plus with USB-C type charging at its "Wonderlust" event.
He noted that the infrastructure in India has come 'quite a ways' since Apple began to put a lot of energy in the Indian market 'because of their leadership and so forth.'
Apple said on Tuesday it sold 47.5 million iPhones in the third quarter, up 35 per cent from a year ago.
Apple chief executive Tim Cook on Wednesday met Prime Minister Narendra Modi as the iPhone manufacturer is looking to invest more in the world's second-largest smartphone market. Cook, on his first trip to India in seven years, opened Apple's first retail store in the country in Mumbai on Tuesday and will launch another in Delhi on Thursday. Looking to replicate what China did to Apple's business in the last 15 years, the tech giant is eyeing India's massive market with an expanding middle class to power sales growth, and potentially make it a home base for the production of millions of Apple devices.
Chinese smartphone market, world's largest, shrinks in Q1
To promote localisation of manufacturing and reduce its import bill, the government increased basic customs duty on mobile handsets - from 10 per cent to 15 per cent.
Apple Inc and Google Inc's Motorola Mobility unit have agreed to settle all patent litigation between them over smartphones, ending one of the highest-profile lawsuits in technology.
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.
Apple Inc, the iconic maker of iPhone and iPad, has temporarily shut down its developer site after a hacker last week tried to steal personal information about the most valued technology firm's software developers.
Rediff reader Gitanjali Gurbaxani shared these yummy recipes with us.
With crisp edges and a soft centre, these malpuas are are improved by the addition of fruit.
Cook further said that Apple would like to place retail stores in India and is working with the government to seek approval to do that.
The Skullcandy Indy can be an affordable alternative to Apple Airpods if you are willing to settle for inferior audio quality, says Khalid Anzar.
Ashok Kumar Gupta, chairman of the Competition Commission of India (CCI), has never minced words while talking about the giant technology companies, referring to them on multiple occasions as "centres for entrenched and unchecked dominance". The anti-trust regulator has, in fact, been cracking down on big technology companies such as Google, Apple, Facebook, and others, after they were hauled up by regulators and lawmakers in Europe and Australia. However, in several instances, existing regulations have prevented the CCI from going all out against these companies for anti-competitive activities.
Apple's nascent interest comes as Hulu's owners look to sell the popular property. Hulu's owners include Comcast Corp, News Corp and Providence Equity Partners.
Tech giant allowed to set up fully owned shops, with 30% local sourcing like everyone else.
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