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GST impact: Apple cuts iPhone, iPad prices in India

A day after the Goods and Services Tax (GST) came into practice, Apple on Saturday reduced the retail prices of iPhones, iPads, Macs and Apple Watch models for its consumers in India. The Rs 60,000 Apple iPhone 7 (32GB variant)...

Govt seeks investment, job creation details in India from Apple

The Government has sought investment and job creation details from iPhone maker Apple in order to facilitate setting up its proposed manufacturing facility in India. According to a PTI report: A view on Apple's application for tax concessions would be...

Apple to be worth at least US $824 bn in 2017: Analysts

Benefiting from its expensive 'plus' models and rising demands of its products, Apple Inc will be worth at least US $824 billion this year, analysts have predicted. Apple's shares already soared more than 16 per cent to fresh highs during...

Finance Ministry rejects Apple’s tax incentives demand

The Finance Ministry has rejected iPhone maker Apple's demand for tax exemptions for setting up a manufacturing unit in India saying that the decision will have to be taken up by the GST Council. According to a PTI report: The...

Apple to start assembling high-end iPhones in Bengaluru in less than a month

Apple Inc will be ready to start asembling high-end iPhones in the city in less than a month to boost its chances of gaining a foothold in the fast growing Indian market, Karnataka IT Minister Priyank Kharge said. "In less...

Govt has not accepted most of the demands of Apple: Nirmala Sitharaman

The Government on Wednesday said it has not accepted ‘most of the demands’ of iPhone maker Apple which wants to set up manufacturing unit in India. According to a PTI report: To a question in Rajya Sabha on whether the...

No decision yet on concessions sought by Apple

The Indian Government has not taken a final decision as yet on fiscal concessions being sought by US iPhone maker Apple for setting up a manufacturing unit in the country, a senior official said on Monday. "We had a meeting...

Apple plans to make iPhones in Bengaluru: Minister

Apple plans to make its iPhones in Bengaluru, said Karnataka's Minister of State for IT Priyank Kharge on Thursday. "An Apple team discussed with us its proposal to set up a plant in Bengaluru to make iPhones for the Indian...

iPhone8 won't have big impact on sales-hit Apple

Hit by declining sales globally, tech giant Apple's next generation iPhone 8 will not be able to make a big impact on its smartphone business, media reports claimed. "iPhone 8 won't be able to buck a trend that's seeing customers...

Apple officials meet Govt, present plans for setting up a manufacturing facility in India

Officials of US-based iPhone maker Apple made a detailed presentation to the Government on Wednesday on its plans and demands for setting up a manufacturing facility in India. The presentation was made by senior executives of Apple to an inter-ministerial...
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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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