Apple and its vendors are aiming to assemble 32 per cent of iPhone's global production volume and 26 per cent of its value in India by 2026-27 -a year after the final year of the five-year production-linked incentive (PLI) scheme for mobile devices. This could translate into a production value of over $34 billion, assuming global iPhone sales remain consistent with 2023-24 (FY24) levels. The estimates are based on discussions between Apple Inc and its vendors, along with central and state governments, regarding the assembly of products in India, according to sources.
Indian DGMO Lt Gen Ranbir Singh raised the issue of infiltration attempts by terrorists from Pakistan into Jammu and Kashmir and "unethical act of mutilation of the body of Indian soldiers close to the Line of Control by terrorists infiltrating from Pakistan".
In a major crackdown on domestic shell companies, the government on Friday decided to take "harsh punitive" action, including freezing of their bank accounts used to launder money or evade taxes.
The outcome of Maharashtra state elections is unlikely to move markets much, said analysts. The markets, they believe, have bigger developments to worry about in the short-to-medium term.
British Prime Minister David Cameron on Friday made a historic visit to the former war zone of Jaffna to "shine a light on the chilling events" during the last phase of the war against the Liberation Tigers of Tamil Eelam, hours after Sri Lankan President Mahinda Rajapaksa cautioned against turning the Commonwealth into a "punitive and judgemental body".
Incidents of violence rocked Assam's Samaguri assembly constituency where by-elections will be held on November 13 with both the ruling Bharatiya Janata Party and the opposition Congress alleging that gunshots were fired targeting each other's supporters over the last 24 hours, police said on Sunday.
The US is currently Earth's most powerful country and a certain latitude of understanding -- a world view -- is popularly expected from its leadership. From a country identified with freedom, constitution, debate, democracy and the likes of Abraham Lincoln even as it had the most powerful military around, the US, following Trump's actions, seemed repositioned as militarily powerful with other qualities secondary, observes Shyam G Menon.
The prosecution has proved the entire chain that connected the accused with each other for achieving the goal of executing the bomb blast and perform terrorist acts, the written statement, filed by the intervenor for the victims, said.
Former chairman of selectors Sandeep Patil feels John Wright's approach of giving a free-hand to players led to his successful coaching stint with India
He is the first Indian-origin person to head a 'Big-Four' audit co.
The US on Wednesday mourned the death of veteran industrialist and philanthropist Ratan Naval Tata, remembering him as someone who drove India to greater prosperity and development. Tata, the former Tata Group chairman who transformed a staid group into India's largest and most influential conglomerate, breathed his last at south Mumbai's Breach Candy Hospital at 11.30 pm on Wednesday. He was 86. "My last meeting with Ratan Tata at Google, we talked about the progress of Waymo and his vision was inspiring to hear. He leaves an extraordinary business and philanthropic legacy and was instrumental in mentoring and developing modern business leadership in India.
Film folk looked like angels when they attended a white-themed party in Mumbai on Wednesday.
Goenka, who is the elder son of Essel group promoter and Zee chairman Subhash Chandra, has been MD of the media firm since January 1, 2010.
In the second edition of Global Chess League, each team will play a total of 10 matches in a double round-robin format, with the winner of each match being decided in a best-of-six board scoring system.
Noel Tata -- the half-brother of late Rata Tata -- who takes over as chairman of Tata Trusts, has been with the Tata Group for over four decades, slowly rising through the ranks in the salt-to-software conglomerate. Having functioned mostly under the shadows of his illustrious half-brother, Noel (67) will now have the responsibility of leading the Tata Trusts -- broadly comprising Sir Ratan Tata Trust & Allied Trusts, and Sir Dorabji Tata Trust & Allied Trusts -- that hold a controlling 66 per cent stake in Tata Sons, the holding and promoter firm of Tata Group companies.
Lenders of bankrupt airline Jet Airways, led by the State Bank of India (SBI), on Thursday told the Supreme Court that successful bidder Jalan Kalrock Consortium (JKC) was "unwilling" to pay the dues and that the "liquidation" was the only option left. The bench led by Chief Justice of India (CJI) DY Chandrachud was hearing the SBI-led consortium plea against the NCLAT's March order upholding ownership transfer of the bankrupt airline to JKC.
Night patrolling on hospital premises and regulating access for people to key areas are among the measures the Centre has asked states to implement to ensure the safety of medics at workplaces, following Supreme Court orders in the rape-murder case of a junior doctor in Kolkata.
Everybody talks of China as the real threat, but we aren't even building a decisive capability against Pakistan, asserts Shekhar Gupta.
This was a man who like Buddha transformed himself into achieving the impossible and being an inspiration for many generations to come, says business thinker Mudit Jain.
Varanasi, Detroit, and Venice have been selected to host a global initiative aimed at creating sustainable transportation solutions for cities as part of the 'Toyota Mobility Foundation's Sustainable Cities Challenge'. The initiative is a $9 million programme that will see these cities collaborate with innovators to develop and implement new mobility solutions. The cities, located in the US, India, and Italy, were chosen from a shortlist of 10 cities announced in November 2023.
The Supreme Court on Tuesday said it will lay down guidelines for all citizens and not for any particular community on the issue of demolition of properties.
The top court also directed the protesting resident doctors in West Bengal to resume work by 5 pm on Tuesday and said no adverse action shall be taken against them on resumption of work.
Titled Ul Jalool Ishq, the film has been produced by Manish Malhotra, and the designer promptly invited his cast members and friends over for the wrap-up party.
The top court also questioned the West Bengal government's decision to hire contractual employees for the protection of doctors and other staff in hospitals.
This season, Namrata Thakker shows you how to experiment with colours and kick up a storm with your fashion wardrobe.
'Ratan had the quality that JRD and Russi Mody had -- they could walk with kings and never lose the common touch.'
In the backdrop of the Muzaffarnagar police's order asking eateries on the Kanwar yatra route to display their owners' names, senior Bharatiya Janata Party leader and former Union minister Mukhtar Abbas Naqvi on Thursday said it may spread the 'disease of untouchability'.
The Securities Appellate Tribunal (SAT) on Thursday questioned market regulator Sebi's credibility on completing its investigation within a stipulated time in the Zee Entertainment Enterprises' (ZEEL) matter. SAT was hearing Zee's plea against Sebi's order baring Zee Entertainment Enterprises' Punit Goenka and Subhash Chandra from holding any key managerial positions in the company and other organisations for allegedly siphoning off funds of the media firm. "There is no certainty that these eight months won't be extended. ...past record of Sebi is that they have always extended it (investigation).
On September 29, 2008, a bomb explosion at 9:35pm opposite Shakil Goods Transport Company situated between Anjuman Chowk and Bhiku Chowk in Malegaon killed six persons and injured 101.
'Whether I am optimistic or pessimistic is not the issue; I am just going by the evidence available.' 'The Indian economy and financial sector are now well-placed and very resilient in dealing with any kind of spillover coming from the external world.'
It is time for the administration to wake up from 'deep slumber' and take appropriate steps to address the condition of Delhi's coaching centres, the Delhi high court has said, while granting interim bail till November 30 to four co-owners of the basement of an Old Rajinder Nagar building that housed a coaching centre where three civil services aspirants drowned in July.
The minister urged the doctors to rejoin work by respecting the Supreme Court's direction to them, but refrained from giving a direct reply on whether the state government would take any punitive action for violating the apex court's order.
Congress spokesperson Pawan Khera called the order "state-sponsored bigotry".
Sircar, a retired IAS officer, claimed that corruption by a section of leaders of his party and lack of action against them was one of the reasons for his decision.
Baga and Gokarna make the list of the world's top 100 beaches.
According to the original timeline, the ships were to be delivered by 2022, they said, attributing the delays in the delivery to Russia's war in Ukraine.
Zee Entertainment Enterprises Ltd on Wednesday said Culver Max Entertainment, formerly known as Sony Pictures Networks India, has agreed to discuss extending the date required to make their merger scheme effective, a day ahead of the deadline. A day after Sony Pictures Networks India (SPNI) stated that it has not yet agreed to a deadline extension requested by Zee Entertainment Enterprises Ltd (ZEEL) for their proposed $10-billion merger, the Subhash Chandra family-promoted media firm said it has received a communication from Sony group for discussing an extension of the deal which was announced almost two years ago.
'The structural story of India is a multi-decadal story.' 'One should stay invested in that story and avoid reacting to what is happening globally.'
Sara Ali Khan opened the doors of her home to her friends and colleagues -- even an ex! -- to host a traditional Diwali party.
Disney Star is mulling legal actions against Zee Entertainment for backing out from a $1.4 billion sub-licensing agreement for TV broadcast of international cricket matches in India, according to industry sources. This could brew another legal trouble for Zee Entertainment Enterprises Ltd (ZEEL), which is already facing an arbitration plea by Sony Group at the Singapore International Arbitration Centre, claiming $90 million for breach of conditions of their merger agreement. Disney Star, an Indian subsidiary of media conglomerate The Walt Disney Company, is working on its strategy over the development, said industry sources.
