He also praised PM Modi for his leadership and said that it is the best time for both the countries to work together.
The California-based firm reported a healthy growth of 5 per cent in its monthly active users in India to 82 million as of June 30, 2013 from 78 million in June 30, 2012.
The government's stated vision is that it wants to make India a manufacturing hub and that is where such a rush or confusing policies don't help, reports Shubhomoy Sikdar.
According to the survey carried out by IDC recently, India scores the highest (8.5) on the happiness quotient of its banking citizens, followed by Indonesia (8.33), New Zealand (8.27) and China (7.93).
Following the footsteps of Motorola, Chinese handset maker Xiaomi is also teaming up with e-Commerce major Flipkart to launch its handsets in India.
Alibaba in talks to invest up to $700 million in Snapdeal
Lumia 640 XL will begin rolling out globally in March.
Alibaba will acquire 25 per cent stake in One97 Communications.
Industry estimates suggest that the extent of value addition in the handset space remains at a mere 10 per cent. That effectively means, value-wise 90 per cent of all components used in making a handset continues to be imported.
Conducted by research firm IDC, the study titled 'Understanding the Indian Retail Banking Customer' says push marketing is fast becoming obsolete and the thrust should be on creating brand advocates.
The addition of a mobile payments service to Apple Inc's next iPhone could help to boost sales of the larger-screen phones and claw back market share lost to mobiles running on Google Inc's Android platform.
The mobile -- billed as the world's slimmest phone at 6.5 mm thick -- will go on sale in 31 markets, including Britain, Germany and China, starting this month for 449 euros ($630) without a SIM card or service contract.
Xiaomi has unveiled its flagship Mi5 handset, priced at Rs 24,999.
Drones are of course, remotely controlled and modern ships are also chip-driven.
FY14 profit halves, dips to 4-yr low
It is betting on enterprise services and new launches to revive demand. But are the measures enough to steal a march on established players like Samsung and Micromax?
70% reduction to cover low-cost devices, aimed at stronger foothold in tablet market
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
The smartphones have 5.1-inch Quad HD Super AMOLED screen.
Samsung has reason to be worried.
Google Inc opened its first two data centres in Asia on Wednesday to cater to the world's fastest growing consumer technology markets, but the company has no plans to open one in China or India.
Google Inc on Monday launched the first smartphones powered by its Android One operating system in India, pricing them at around Rs 6,399 ($105) to capture the low-cost segment of the world's fastest growing smartphone market.
Also, after years of rumours and speculation, Apple unveiled its first wearable device, Apple Watch.
The panel producers did not receive Apple's certification, as they were given strict power-saving requirements.
Bureau has registered just one product so far despite 1,500 applications.
Estimates suggest subsidy outgo on these proposals would be at least Rs 1,000 crore
Indians may adopt wait-and-watch policy in first year.
The voice-assistant and intuitive text search are other features which Lalvani says would aid productivity.
The processor is just 5 per cent of the overall cost of a computing device.
My goal is to implement the Sevak project all over India and make the villages true Gandhian villages -- self sustainable in every way, including health, says Dr Thakor Patel, head of the American Association of Physician of Indian Origin's Public Health Committee. Aziz Haniffa reports
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