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India manufacturing, retail top priority: Tim Cook

Reiterating that India is an important market for Apple, CEO Tim Cook said the current iPhone manufacturing will see maximum growth in days to come amid the renewed push to open its branded retail stores in the country. In an...

Apple’s India profit zooms 140 pc to Rs 896 cr in FY18

Tech giant Apple's India unit registered 140 percent jump in its net profit at Rs 896.3 crore for the fiscal ended March 2018, as per regulatory documents filed by the company. According to a PTI report: The iPhone maker, which...

Global Retailers in India: Moves, leaps & hurdles

India’s enchantment with foreign brands is no secret but the wheel has now turned to a full circle. Today, it’s the foreign brands that are chasing the Indian consumers. India is poised to become the third largest consumer economy...

Apple aims 5,000 employees eventually for Hyderabad facility

Apple has hired 3,500 people for their development centre here and is expected to take the number to 5,000 eventually, said a senior Telangana Government official. "Apple has taken 3,500 people so far for their development centre in Hyderabad. They...

Samsung most trusted brand in the country: Report

South Korean consumer durables firm Samsung continues to be the most trusted brand in the country followed by Sony and LG, while Tata Group, the only Indian company to feature in the top five, occupied the fourth slot, a...

Holiday sales push Apple revenue to record US $88.3 bn

Buoyed by iPhone sales in the holiday season, Apple posted a record revenue of US $88.3 billion -- a 13 per cent increase from a year-ago -- for the first quarter of fiscal 2018 that ended on December 30. According...

100 pc FDI In Single-Brand Retail: Apple, Chinese companies could turn big beneficiaries

Tech giant Apple and Chinese handset makers like Xiaomi and Oppo could turn out to be big beneficiaries of Government allowing 100 per cent FDI in single brand retail under automatic route, say analysts. According to a PTI report: Setting...

Government awaiting Apple proposal for making in India: Prabhu

India is awaiting an appropriate proposal from US tech giant Apple to set up a manufacturing unit in the country, Union Commerce Minister Suresh Prabhu said on Monday. Briefing reporters here after a meeting of the Council for Trade Development...

With Rs 34,300 crore revenue, Samsung undisputed market leader in India

After registering 27 per cent growth in mobile business revenue for the financial year 2016-17 -- touching a mammoth 34,300 crore -- Samsung has once again become the leader in the highly competitive and price-sensitive Indian market. "Samsung continues to...

Apple appoints Michel Coulomb to lead India sales operations

In a sudden development, Apple has appointed veteran company executive Michel Coulomb as new Head of Sales for India -- a country where the Cupertino-based iPhone maker is trying hard to ramp up its numbers. Coulomb will replace current Country...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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