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Apple hikes iPhone prices in India post-customs duty hike

After the Government hiked the customs duty from 10 per cent to 15 per cent for mobile handsets last week, Apple on Monday became the first manufacturer to raise prices (on MRP) across iPhone models, except iPhone SE that...

Govt awaiting Apple’s formal proposal to set up India plant: Suresh Prabhu

Commerce and industry minister Suresh Prabhu said the Government will support iPhone maker Apple Inc. to set up manufacturing unit in the country and is awaiting a formal proposal from them. “Let us get a good proposal from them... We...

Apple hiring more diverse workers but women

When it comes to gender equality, Apple has a long way to go. According to the company's annual diversity report only about a third of its employees are women. The Cupertino-based iPhone maker's annual "Inclusion & Diversity Report" said, as...

iPhone sales in China reach 11mn units

Registering its best performance in China in two years, Apple's iPhone sales for the third quarter of 2017 hit 11 million units, up from eight million units sold during the third quarter last year. "Apple's success in the third quarter...

Retailers anxiously await iPhone X supplies amid high demand in India

Amid soaring demand for the 'super premium' iPhone X in India, Apple premium resellers in the Dehli-NCR region kept their fingers crossed as the initial supply of handsets were yet to reach them. The authorised Apple resellers told IANS that...

Government considering Apple's proposal for setting up manufacturing unit in India

The Government is considering iPhone maker Apple's proposal for setting up manufacturing unit in India, Union Minister Alphons Kannanthanam said. According to a PTI report: Cupertino-based iPhone and iPad manufacturer Apple has sought certain concessions for setting up manufacturing unit...

Govt won't extend extend concessions to Apple under GST regime

The Government will not be able to extend tax and duty related concessions to iPhone maker Apple under the new indirect tax regime as the effort is to promote Make in India and not imports, an official source said. "We...

We hail India's decision to let us open single-brand retail stores: Oppo

Welcoming the Indian Government's decision to let Chinese smartphone maker Oppo to open single-brand retail stores in the country, Sky Li, Global Vice President and President, OPPO India said the company is committed to provide good-quality devices to the...

AR-ready teddy that comes to 'life' now available at Apple stores

Tech giant Apple will be the exclusive retailer of "Parker" -- an augmented reality (AR)-ready teddy-bear "Parker" launched by children's toy startup Seedling, which comes to "life" through iOS-based AR effects. Priced at $59.95, "Parker" works through a free AR...

Virtuous Retail to open VR Chennai in 2018

Virtuous Retail South Asia Pvt. Ltd., India's largest institutionally owned developer-operator of lifestyle shopping centers, has announced the brand launch of its flagship retail center VR Chennai at a gala event held at the India Retail Forum 2017. Following the...
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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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