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Apple's iPhone shipments in China surge 40% in May amid aggressive discounting
Shipments of foreign-branded phones in China increased by 1.425 million in May to 5.028 million units from 3.603 million a year earlier，calculations based on the data from the China Academy of Information and Communications Technology (CAICT) showed.
Premium luggage maker Eume raises Rs 15 crore in funding round led by Ashish Kacholia
Eume plans to open its first flagship store this year, starting in Mumbai and tapping the aspirational population in tier II and III cities are among the company's top priorities. The Mumbai-based luxury brand offer diverse products like luggage, vegan handbags, and accessories, among others. Eume's sales are split equally between its own website and marketplaces.
Tour de Fabulous: How India’s affluent are seeking extraordinary travel experiences
Personalised travel include things from watching a tuna auction in Tokyo to spending a night at the Palace of Versailles. This trend has led to the rise of luxury travel agencies. A community of about 570 travel agencies and concierges that curate high-end, bespoke journeys has come up.
9-1-1: Lone Star: Is the show ending with Season 5? All about challenges, contract details & cast
Something new is being cooked up in the world of "9-1-1: Lone Star." It could be a new season coming up or something else. 60 episodes of 9-1-1: Lone Star have been broadcast as of May 16, 2023, marking the end of the show's fourth season.
Ather 450 Apex's introductory offer ends. Check its latest price
Ather has revised the price of its 450 Apex electric scooter, increasing it by Rs 6,000 to Rs 1.95 lakh ex-showroom. The model is now the company's flagship offering.
RIL investors suffer Rs 1.27 lakh crore loss as stock ends 7.5% lower
Shares of RIL dropped 7.5% on BSE as NDA alliance's election results differed from exit polls, wiping off Rs 1.27 lakh crore from investors. RIL hit an all-time high of Rs 3,029 on June 3, with a market cap of Rs 20.44 lakh crore, now at Rs 18.9 lakh crore.
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Vivo to take on Samsung with locally-made foldable launch
Chinese smartphone maker Vivo is set to launch its first foldable smartphone, XFold3 Pro, aiming to penetrate the premium segment and compete with Samsung and Apple by offering an enhanced user experience. Assembled in India with local materials, the device will hit shelves in early July. It will be priced above Rs 1 lakh, as Vivo looks to expand its market share and cater to discerning customers seeking trust and innovation in their smartphone choices.
Huawei flagship store surge in China signals showdown with Apple
Huawei aggressively revamps retail strategy with flagship stores near Apple shops in China, aiming to reclaim premium electronics market share. New stores, including one opposite Apple's Shanghai flagship, boast expansive layouts and diverse amenities. Huawei rebounds from U.S. sanctions, aggressively recruits distributors, challenges Apple's dominance in China with premium products.
Netweb Technologies starts commercial production at a new facility in Faridabad
Netweb Technologies launches high-end computing production at new Faridabad facility, aiming for Rs 2,000 crore turnover. Expansion plans include employee increase and international exports of Nvidia computers.
'Young Sheldon' coming to an end. Know its release date, emotional goodbye messages of stars and director
Prequel to the popular sitcom 'Big Bang Theory', 'Young Sheldon' revolves around the childhood of a gifted young boy in East Texas. The series follows him in school and his family depicts his unique intellect far beyond his years. 'Young Sheldon' explores his early attempts to be understood by his conventional family and classmates.
OnePlus, Oppo, Xiaomi and other top Chinese smartphone brands are testing GenAI waters on their flagship devices
"By collaborating with Google to integrate both Gemini and Google Cloud AI into smartphones, and by forming alliances with other industry pioneers for a variety of AI experiences, we are thrilled to ambitiously broaden the scope of mobile AI innovations," said Nicole Zhang, general manager of AI product for OPPO and OnePlus.
Microsoft, NetEase to relaunch Warcraft game in China, ending feud
The two companies said in press release on Wednesday that they are working to bring games developed by Blizzard Entertainment, a subsidiary of US gaming giant Activision Blizzard which Microsoft acquired last year, back to the world's second-largest economy.
Shapoorji Pallonji Group’s flagship firm, Afcons Infrastructure, files DRHP to raise Rs 7,000 crore via IPO
According to the draft papers, the IPO, with a face value of Rs 10 per equity share, is a mix of fresh issue of shares of Rs 1,250 crore and an offer for sale of up to Rs 5,750 crore by Goswami Infratech Private Limited.
Nvidia unveils flagship AI chip, the B200, aiming to extend dominance
Nvidia CEO Jensen Huang introduces faster B200 chip at GTC 2024, emphasizing AI industry leadership. New software tools aid model sales. Competition from Intel and startups may impact market share.
FAME-II subsidies for e-vehicles till March-end or until funds are available: Govt
To give a further push to clean mobility in the country, the Ministry of Heavy Industries has announced that the outlay of the Faster Adoption and Manufacturing of Electric Vehicles in India (FAME-II) programme has been enhanced from Rs 10,000 crore to Rs 11,500 crore, an official statement said.
Ownership dispute at Hikal ends Baba Kalyani's 31-year board stint
Turning 75 on January 7, Baba needed support from 75% of Hikal's shareholders to remain on the board. However, he managed to secure only around 52% of the votes. About 48% of the shareholders who cast their votes were against his reappointment, as revealed in regulatory filings.
Xiaomi Q3 net income jumps on cost savings, revenue rises
Net income jumped by 183% from a year earlier to 6 billion yuan thanks to lower component costs and efficiencies across the business, compared to a consensus estimate of 4.6 billion yuan.
IPO-bound Honasa says its growth will build on flagship Mamaearth
Alagh spoke to ET on the sidelines of the company’s press conference to announce the Rs 308-324 per share price band for its upcoming public issue. She said Mamaearth will focus on offline sales to fuel its next phase of growth, while other brands will retain their focus on online sales.
Climate 'loss and damage' talks end in failure
A crucial meeting on climate "loss and damages" prior to COP28 has ended without an agreement. The meeting aimed to establish a fund to assist vulnerable countries in coping with climate-related losses. The discussion stalled over where the funds should be held, with a division between managing it under the World Bank or creating a new independent structure. The failure highlights the gap between rich and poor nations, with developed countries refusing to discuss the necessary scale of finance.
Centre to give out loans to 1 crore street vendors by December end
The Indian government plans to provide 1 crore loans to street vendors by December 31 through the Prime Minister Street Vendor's AtmaNirbhar Nidhi (PMSVANidhi) scheme. Launched in June 2020 to support urban poor affected by the pandemic, the scheme initially aimed to disburse 57 lakh loans by 2024.
Is Samsung breaking tradition? Galaxy S24 series rumoured to make early debut, with upgraded QHD display, on January 18
There are rumours that Samsung's upcoming Galaxy S24 series may launch earlier than expected, possibly on January 18, 2024. The Galaxy S24 line-up is expected to feature enhancements such as a flat panel with a peak brightness of 2,500 nits and a potential switch to a 50MP 5x periscope shooter for improved image quality.
JP Morgan to provide for taxes from September end
"The GBI-EM Global Diversified 10% Cap 1% Floor (GBI-EM Global 10/1) is designed to track the performance of bonds issued by emerging market governments and denominated in the local currency of the issuer," said an index research report by JP Morgan, dated August 31.
Apple set to end 2023 with 7% market share for iPhones in Android-dominated India
Apple's partner began the local production of the new generation iPhone 15 at its Tamil Nadu's Sriperumbudur facility. Pegatron and Wistron too will assemble iPhone 15 as soon as possible
Most Adani group stocks end higher; mcap rises over Rs 13,500 crore
The OCCRP had said documents obtained by it revealed details of a complex offshore operation in two Mauritius-based funds managed by the partners of the promoter family to support prices of shares of group companies from 2013 to 2018.
Beyond Bengaluru mission: Shivamogga, Kalaburagi tech clusters to open by year-end
"Mysuru, for example, can become an electronics and semiconductor manufacturing hub. We're planning maritime manufacturing clusters in Mangaluru, which is a coastal city," said IT minister Priyank Kharge.
Audi India expects to end 2023 with high double-digit growth
Audi India said that the company is working with its headquarters on producing electric cars in India and a decision on this issue will be taken at the "right time." "In the first six months (January-June) we have almost doubled our sales, growing by 97 per cent at 3,500 units, against the industry's growth of 20 per cent. The SUV portfolio grew by over 200 per cent and the sports cars by 127 per cent.
Oyo to end FY24 with 1500 'Super Oyos'
Oyo said it is supporting its hotel partners to improve consistently in experience and aims to end financial year 2024 with over 1500 hotels which can be tagged as Super Oyos.
PM Modi to deliver 10th consecutive Independence Day address
Experts will also be looking for political messages in the address. Modi has mostly refrained from launching any direct political attack on opposition parties in his Independence Day addresses but has often stressed on the governance changes his dispensation has ushered in after a spell of "corruption" and policy paralysis.
Flipkart Year End Sale: Enjoy Rs 23K discount on iPhone 14! Here's how to buy new Apple phone for just Rs 56,990
Flipkart is also offering an additional Rs 3,000 discount on its ongoing trade-in offer on the iPhone 14.
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