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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...

Has Huawei overtaken Apple in global phone sales?

Chinese smartphone maker Huawei on Monday said it has overtaken iPhone maker Apple in global sales volume to become second largest handset company globally. “Huawei overtook Apple in global sales volume share in December,” Huawei India director for product centre...

Apple begins production of iPhone SE model in India

In a bid to gain foothold in the fast-growing Indian smartphone market, Apple on Wednesday announced commencement of initial production of its popular iPhone SE model at its Bengaluru facility. "We are beginning initial production of a small number of...

Apple's market cap could reach US $900 bn post US $1,000 iPhone launch

Apple's expected launch of its $1,000 iPhone this year would give it market capitalisation of nearly US $900 billion, making it the first company ever with such a mammoth valuation, a media report said. "Apple will unveil its first US...

Apple's market cap crosses US $800 bn for first time

In yet another milestone, Apple's market capitalisation briefly soared past US $800 billion threshold, making it the first company ever with such a mammoth valuation. Apple's shares closed up 2.7 per cent for the day at US $153.01 late on...

Government wants Apple to consider new policy for local manufacturing

The Government wants iPhone maker Apple to consider a new manufacturing scheme offering duty benefits to set up its plants in the country. "Apple had asked for a set of concessions. For a period of 15 years all the components...

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...

Myntra launches first of its kind mega fashion event – Big Fashion Gig; Targets 3x sales, 35 new brand launches

Myntra announces the launch of the country’s first high fashion event online, Myntra’s Big Fashion Gig .The three day event kicks off at 12:00 am on April 8 and promises three days of unique fashion experiences, live fashion conversations...
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Le Pain Quotidien re-enters Indian market, targets 100 outlets by 2035

The QSR chain targets a brand valuation of Rs 1,000 crore over the next decade Bengaluru: Belgian bakery and restaurant brand...
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