TVS Motor Company’s revenue from operations in the quarter ended June 2023 grew by 20 per cent year-on-year (YoY) at Rs. 7,218 crore as against Rs. 6,009 crore in the quarter ended June 2022. The Company reported its highest ever Operating EBITDA of Rs. 764 crore with a growth of 27 per cent for the […]
The Indian government rejects BYD’s USD 1 billion manufacturing plant proposal in India due to security concerns, reported a media house. The Chinese automaker had intended to produce electric vehicles (EVs) and electric batteries in India in collaboration with an Indian EV company, Megha Engineering and Infrastructure. Security concerns regarding Chinese investments in India were […]
Samsung India inaugurated two new Premium Experience Stores in Ahmedabad & Lucknow bringing in exciting new technology experiences to consumers in the city. At the new stores, consumers can enjoy Samsung’s entire product range through exciting zones around the brands’ connected ecosystem such as SmartThings, smartphones, laptops, audio, gaming and lifestyle televisions. The store in […]
In a recent edition of his Power On newsletter, Bloomberg’s Mark Gurman suggested that Apple’s highly anticipated M3-equipped Macs could make their debut as early as October. Gurman mentioned that following Apple’s annual iPhone event in September, there is likely to be another launch event focused on unveiling a new lineup of Macs. According to […]
Samsung India on Friday opened a new premium experience store at the Palladium Mall in Ahmedabad. According to the company, in the new store, consumers can enjoy Samsung’s entire product range through exciting zones around Samsung’s connected ecosystem such as SmartThings, smartphones, laptops, audio, gaming and lifestyle televisions. The store here will host a variety […]
Neuron Energy, an EV smart battery manufacturer has successfully raised Rs 200 million in their Pre-Series A Round. The investment was led by Equanimity Investments and the Rajiv Dadlani Group and also saw participation from Chona Family Office (Havmor Group) and Kayenne Ventures, along with reputed Family Offices and HNI investors. The Company plans to […]
Personal computer (PC) shipments during the second quarter of 2023 declined 13.4 per cent globally on a yearly basis, according to International Data Corporation (IDC) data tracker. International Data Corporation (IDC) is a global market intelligence and advisory services provider. According to IDC, this was the sixth consecutive quarter of contraction brought on by macroeconomic […]
The Tata Group is reportedly nearing an agreement to acquire Wistron’s factory in Karnataka, India, according to the news agency Bloomberg. This acquisition would mark the entry of India’s largest conglomerate into the assembly of iPhones, becoming the first local company to do so. The Wistron factory, valued at over USD 600 million, currently employs […]
Apple is ramping up its efforts in India’s retail market to boost its revenue this year. The company aims to increase sales from the 200 or so franchisee-owned exclusive retail stores in India. To achieve this, Apple has introduced a global consumer promotion and student discount at its company-owned brick-and-mortar and online stores in India. […]
Samsung has said that its highly anticipated Unpacked event will take place on 26 July at 7 AM ET. Breaking away from tradition, the event will be held in Seoul, South Korea, as the company showcases its latest generation of foldable devices. With pre-release leaks providing some insights, enthusiasts can expect new iterations of the […]
