The Appellate Tribunal for Foreign Exchange has upheld the penalties imposed on 10 MNCs, including Ericsson, Nokia and Sony by the Special Director of Enforcement for violating foreign exchange regulations.
Mobile phone maker Motorola's India-born chief Sanjay Jha has emerged America's top paid chief executive officer, while Citigroup's Vikram Pandit tops the league among bailed out banks, a survey said. Another Indian on the list is PepsiCo's Indra Nooyi at the 36th slot with a pay package of $13.98 million.
Tech major Lenovo on Thursday said it is significantly ramping up its local manufacturing capabilities in India across product categories like PCs, notebooks and smartphones to meet the increasing customer demand. While the company did not disclose the investment being made, Lenovo said it is expanding in India across all business lines, including PC and smart devices, smart phones, infrastructure solutions, and especially in the newly established services and solutions group. Lenovo has expanded its in-house PC manufacturing plant in Puducherry to include a third manufacturing line, while it has started local manufacturing of its tablet computers in partnership with Wingtech Technology in Tirupati, Andhra Pradesh.
Mobile phone maker Motorola's India-born chief Sanjay Jha has emerged America's top paid CEO, while Citigroup's Vikram Pandit tops the league among bailed out banks, a survey said.
Even if 5G is not launched by operators this year, the handsets market will certainly witness a strong supply ecosystem for 5G ready smartphones in 2021.
They are both electronic manufacturing services (EMS) companies, also known as contract manufacturers. One is Taiwan's Foxconn group, the undisputed global number one in this business with revenues of $223 billion. The other is Dixon Technologies, the biggest domestic player with revenues of over Rs 10,500 crore.
Xiaomi topped the chart as the most sold smartphone brand by its users with 26 per cent share, followed by Apple (20 per cent), Samsung (16 per cent), Vivo, and Motorola (6 per cent each) among others, it said. Most smartphones sold by users were in the sub-Rs 10,000 brackets, it added. Among models, the iPhone 7 was the hottest selling model along with some other models as well as Redmi Note 4 and OnePlus 6 during the year. The number of smartphone repairs was the highest in Delhi in 2020.
India is one of the world's hottest mobile phone markets, but Nokia, Motorola, and Samsung must deliver cool handsets at very thin profit margins.
If you haven't already bought the Xiaomi or the Asus, you may consider Moto's One Power for its notch display, better upgrades and battery-life.
Handset maker Motorola has said its latest smartphone - Nexus 6 - priced Rs 43,999 onwards, can be pre-ordered in India on Flipkart from Tuesday.
Apart from bringing new suppliers on board, Xiaomi is also hoping to take advantage of the newly launched PLI scheme that offers incentives on incremental production of smartphones with 2020 as the base year.
The phone is expected to cost around Rs 25,000.
Following the footsteps of Motorola, Chinese handset maker Xiaomi is also teaming up with e-Commerce major Flipkart to launch its handsets in India.
Global mobile phone majors Nokia, Motorola, Sony Ericsson and others are offering a slew of products including touchscreen and music capable handsets in India to counter the might of Apple's iPhone, which is expected to hit the markets in September.
Samsung retains top slot in smartphones but Motorola pips Nokia for 4th position.
India is the world's third largest smartphone market.
According to CyberMedia Research, over 7.46 lakh tablets were sold in the January-March 2014 quarter by as many as 30 domestic and international vendors.
The Chinese phone maker has ensured its two brands - Lenovo and Motorola - do not cannibalise into each other's share.
Lenovo Group Ltd said on Tuesday it was establishing a smartphone assembly unit in India.
The actor was photographed at home for Exhibit magazine.
Budget smartphones will rule the market in 2015.
Nokia has retained the top slot in Indian GSM market with 79 per cent share, while US giant Motorola has more than doubled its share to seven per cent this year, according to a study.
A lot of hype has been generated ahead of the launch of iPhone, which would be available at Rs 31,000 a piece for the 8Gb memory model and Rs 36,100 for 16GB from the stroke of midnight on Thursday. Leading service providers Vodafone-Essar and Bharti Airtel, who have been accepting bookings from customers, have said the response has been extremely good.
The new handset --MOTORAZR 2 V9 Ferrari would be available exclusively at the Mobile Store for the first week of its launch. However, the phone would not be a limited edition device. The phone comes with a unique racing interface, 2-mega pixel camera and has expandable memory up to 2 GB.
Motorola today launched its first flagship smartphone Moto X, after being taken over by Google, to take on competition from Apple and Samsung.
BlackBerry will unveil the 'next generation BlackBerry 10 devices' on June 25.
It was expected that supplies from China will be back to normal by end-June as their factories are now operating at nearly 90 per cent of normal capacity. But the recent issue with shipments has placed an obstacle that manufacturers can't bypass.
Chinese tech giant Lenovo unveiled its new 'layered' smartphone - Vibe X2 - priced at Rs 19,999 in India.
If the Delhi HC order stays effective, Xiaomi would lose the fastest growing smartphone market.
Internet major Google is facing probes by fair trade regulators in India, Europe and three other jurisdictions for alleged anti-competitive practices.
Cairn India, which is developing the oilfields in Rajasthan discovered by its parent Cairn Energy in 2004, has started preliminary work on the pipeline to bring the oil to market, its chief executive said on Monday.
Motorola's latest budget offering, Moto G Turbo edition, goes on sale in India, on Flipkart, December 10. Himanshu Juneja tells you what to expect from this Rs 15k, 4G-enabled smartphone.
Most India brands have started offering 3G-enabled phones with a starting price of about Rs 4,000.
Mobile phone giant Nokia's market share in India has increased to 62.5 per cent in 2007-08 from 53.6 per cent in the previous year, according to a survey by Voice & Data.
The company is planning to invest Rs 1,100 crore in the new mobile phone manufacturing facility.
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