Close on the heels of Dell announcing a six per cent cut in its desktop and notebook prices, IT major Hewlett Packard India on Thursday slashed notebook prices by up to six per cent across all categories.
Hewlett Packard on Tuesday said changes in the top management of the company would not have any impact on its India strategy.
The government has slapped a tax notice of Rs 1,450 crore on the computer-maker Hewlett Packard India for allegedly evading Customs duty, a charge which was refuted by the company.
PC maker HP has joined hands with Google to manufacture Chromebooks in India from October 2, the company said on Thursday. The Chromebook devices will be manufactured at the Flex Facility near Chennai, where HP has been producing a range of laptops and desktops since August 2020, it said in a statement. "Manufacturing Chromebook laptops in India will allow Indian students to get easy access to affordable PCs.
The government on Thursday imposed import restrictions on laptops, tablets, all-in-one personal computers, ultra small form factor computers, and servers with immediate effect. The Directorate General of Foreign Trade (DGFT) in a notification said exemption from import licensing is provided up to 20 items per consignment for R&D, testing, benchmarking and evaluation, repair and return and product development purposes.
HP has been charged with underpaying customs duties while importing products and spare parts.
Tech giant Hewlett-Packard has launched two voice-calling tablets and appointed actor Deepika Padukone as brand ambassador in a fresh bid to strengthen its position in the Indian market.
Ratnesh Verma, senior vice president (real estate and development), South Asia, spoke to Deepa Menon on the company's expansion plans in India.
Nasscom recently released its ranking of the top 20 IT-BPO organisations in the country that accounted for over 40 percent of the total employees in this sector.
The proportion of women to men falls radically after the mid-management level.
HP, which has about 75 per cent market share in the All-in-One (AIO) category in India is looking at consolidating its position further.
The new products provide Indian consumers with the unmatched combination of unprecedented technology, style, service, information and insight across lifestyle and business computing segments.
HP employs around 60,000 people in India, including former employees of EDS, which it had acquired for $13.2 billion in May last year. However, a good number of EDS India employees who were transferred to HP India will not be so lucky, industry sources said. "HP CEO Mark Hurd's plan to effect pay cuts between 2.5 per cent and 5 per cent will affect all EDS employees who were moved to HP," an industry source added.
The Plano, Texas-based company (including MphasiS) employs more than 27,000, whereas HP India has an employee base exceeding 29,000. The acquisition was approved by the boards of the two companies. The acquisition would be a wake-up call for Indian IT services, according to analysts. In terms of market share, EDS is next to IBM with a share of 3 per cent and HP occupies the fifth position with 2.3 per cent.
Industry estimates peg the turnovers of MNCs like Dell, Intel, Microsoft and IBM at well over the half-billion dollar mark. Firms, like Cisco, are said to have crossed the billion-dollar mark in domestic sales in 2006-07, and for a player like HP India, it is estimated in excess of $2.5 billion.
A corporate lawyer said that this is the biggest failure of corporate governance in this country. He pointed out that American investors can even take the bank to court for giving false statements to stock exchanges and even file class action suits. Some even questioned how RBI overlooked Kochhar's misdeed.
The companies will jointly launch the Windows 8.1 powered 10.1 inch Hewlett-Packard Omni10 tablet with embedded content from Pearson and Microsoft Office in the higher education space.
Internet-based systemic wisdom connects machines and people, and will drive next-gen enterprises, said Huawei's Yatish Nagavalli.
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