Tata Group is considering the possibility of selling the home appliance division of Voltas, due to challenges encountered in expanding this business in a fiercely competitive market. According to sources cited by Bloomberg, the management of Tata Group is currently engaged in discussions regarding this potential sale and has not yet arrived at a decision […]
Apple’s CEO Tim Cook said that the company posted USD 89.5 billion in quarterly revenue, with India standing out as a key contributor. During the July-September quarter, Apple experienced robust double-digit growth in India, coinciding with the launch of its new iPhone 15 series. Tim Cook said that Apple had achieved an all-time revenue record […]
Apple has notched up a historic achievement in the Indian smartphone market. During the third quarter of 2023, the tech giant recorded its highest-ever quarterly shipments, exceeding 2.5 million units. This feat signifies a striking 34 per cent year-on-year (YoY) growth, marking a watershed moment for Apple’s presence in India. Amid India’s burgeoning smartphone landscape, […]
Apple’s ‘Scary Fast’ event was launched on Tuesday morning. During the launch event, Apple unveiled some brand-new Macs that include the most recent version of the company’s in-house chip. According to Apple, the new M3, M3 Pro, and M3 Max circuits are the ‘first personal computer chips’ built using the more efficient 3-nanometer technology. Aside […]
Rajeev Chandrasekhar, Minister of State for Information Technology today announced that the Tata group will start making iPhones from India for domestic and global markets. This after the Tata Group took over Wistron operations in India. The minister said this was a resounding testament to Prime Minister Narendra Modi’s transformative vision for India’s electronics manufacturing […]
Kitchen and home appliance maker TTK Prestige reported more than 27 and 15 per cent decline in its profit and revenue, respectively, for the July-September 2023 period on account of subdued demand for consumer durables, despite softening inflation. The Bengaluru-headquartered firm’s standalone quarterly PAT plunged almost a third Y-O-Y to Rs 62.17 crore. Its standalone […]
Reliance Jio Infocomm Limited on Wednesday announced a partnership with network services and consumer experience pioneer Plume to provide market-leading smart home and small business services to its subscribers across India. Reliance Jio said that this partnership will deliver state-of-the-art services, through Plume’s highly scalable cloud platform, to about 200 million premises in India. “As […]
Chinese electronics companies OnePlus and Realme have announced their decision to halt the production and sale of televisions in India, according to a report by a leading media house published on Monday. Citing undisclosed sources, the report states that both OnePlus and Realme will continue to operate in the smartphone market within the country. This […]
The festive season is that one time of the year when customers from every part of the country are looking for various products to buy and ecommerce marketplaces witness a surge in demand. Micro, Small and Medium Enterprises (MSMEs) are business entities that not just drive the economy but also its backbone. “Festive season for […]
The first week of festive sales in India has seen iPhone sales surge past 1.5 million units. This marks over 25 per cent year-on-year (YoY) growth, as disclosed in a recent report. The data, released by Counterpoint Research, revealed a thriving smartphone market in India during the festive season. The surge in sales was primarily […]
