IPO bound HMIL, which is also from South Korea, had faced severe labour unrest for nearly a decade till the realisation -- a worker's union cannot be avoided -- dawned on it.
The issue has been raised by the income-tax department saying that consumer electronics and home appliances manufacturer Samsung India Electronics Ltd is liable to deduct tax in respect of goods outsourced for manufacturing to other manufacturers or original equipment manufacturers.
Samsung India Electronics Ltd, one of the leading companies in the field of digital technology, has brought the year's eagerly awaited cyber olympics called the World Cyber Games to Mumbai.\n
Samsung India Electronics said on Wednesday that it would launch 11 new high-end mobile handsets in the next five months.
Microsoft has become the first global Big Tech company to join the Open Network for Digital Commerce (ONDC), an Indian government initiative for developing a first-of-its-kind open network for digital commerce. The world's second-largest technology firm intends to introduce social e-commerce via its app in the Indian market later this year. ONDC is expected to open to the public in Bengaluru over the next fortnight as it enters into the next phase of the pilot for further fine-tuning before rollouts in other cities, according to a source in the know.
Four leading IT companies - Zenith Computers, Microsoft Corporation India, Intel Corporation and Samsung India Electronics - have jointly launched 'Multiply', a solution for the Small and Medium Enterprise market.
The telecom regulator on Friday released a list of 40 "defaulter" principal entities, including large banks like HDFC Bank, SBI and ICICI Bank, that are not fulfilling the regulatory norms on bulk commercial messages despite repeated reminders. Hardening its stance on the issue, the Telecom Regulatory Authority of India (TRAI) warned that defaulting entities should comply with the stipulated requirements by March 31, 2021 "to avoid any disruption in the communication with customers" from April 1, 2021. "As sufficient opportunity has been given to principal entities/ telemarketers to comply with the regulatory requirements and that the consumers cannot be deprived of the benefits of the regulatory provisions any further, therefore it has been decided that from April 1, 2021, any message failing in the scrubbing process due to non-compliance of regulatory requirements will be rejected" by the system, TRAI said in a statement.
Delivering a double whammy to the International Cricket Council, with which South Korea's LG is ending a sponsorship deal, another electronics firm Samsung has said it was more keen on sponsoring the Olympics.
The company announced the launch of eight top loading washing machine models in the capacity range between 6 kg to 9 kg, priced between Rs 12,990 to Rs 25,990.
Samsung India Electronics on Tuesday said that it would launch a slew of hi-end mobile phones in India this year targeting the consumer segment looking for upgrades.
South Korea's Samsung Electronics said on Wednesday that India would be the headquarters for its Southwest Asia operations
Samsung India Electronics is targeting to sell two million mobile handsets across all model ranges this year and expects to keep pace with the industry growth rate of 60 per cent.
Samsung is targetting a sales turnover of Rs 5,273 crore in India in 2004, up by 42 per cent, and announced the launch of several consumer electronic products in the country to strengthen its digital products portfolio.
Samsung India was targeting a turnover growth of about 80 per cent to cross Rs 5,000 crore (Rs 50 billion) during 2003, while aiming to consolidate its position in the consumer electronics market through new product launches.
Samsung India Electronics Limited on Tuesday said it expects the contribution of Flat TVs in total television sales to grow to 50 per cent by the end of this year.
The move, however, is unlikely to prompt its rivals in India - Chinese manufacturers like Oppo, Vivo, and Xiaomi - to do the same.
The festive season, which usually starts from September, is when 35 per cent annual sales get transacted for most durables firms.
Samsung also unveiled its slimmest Galaxy handset.
Companies are innovating with tech tools to ensure that you spend less time at the cash counter.
Samsung Z1 is power-packed with amazing features.
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
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