Tag Archives: Industry

Apple Officials Said to Have Met Commerce and Industry Minister Nirmala Sitharaman

Senior officials of the US-based iPhone maker Apple on Tuesday called upon Commerce and Industry Minister Nirmala Sitharaman. The meeting assumes significance as the technology giant is seeking concessions like duty exemptions to set up its manufacturing unit in India. “The meeting lasted for 40 minutes. There were three officials from the company, including the company’s Global Vice President Priya ... Read More »

Top 5 Happenings In The Indian Automotive Industry In 2016

It’s been quite an eventful year for the automotive industry in India. When asked how 2016 has been for the industry at the recent CarandBike Awards 2017 ceremony, the reactions of each and every one was unanimous when they said, “It was a mixed bag”. It’s true though, because though the sales of both two and four-wheelers have seen a ... Read More »

Nokia Sues Apple for Infringing Patents, Industry Back on War Footing

Nokia Corp said on Wednesday it had filed a number of lawsuits against Apple Inc for violating 32 technology patents, striking back at the iPhone maker’s legal action targeting the one-time cellphone industry leader a day earlier. Nokia’s lawsuits, filed in courts in Dusseldorf, Mannheim and Munich, Germany, and the US District Court for the Eastern District of Texas, cover ... Read More »

Hotel Industry Warns Tourism To Suffer At 18% GST On Rooms

Mumbai: The Hotel and Restaurant Association of Western India (HRAWI) on Monday said the government’s four-tier structure in Good and Services Tax (GST), in which the service sector will be taxed at 18 per cent, will cause the tourism sector a major setback. In the recently-concluded meet on GST, the government has declared a four-tier structure of 5, 12, 18 ... Read More »

iPhone Spyware Puts Spotlight on Israel’s Secretive Surveillance Industry

The discovery of sophisticated spyware to infiltrate and remotely take control of iPhones without leaving a trace has put a spotlight on Israel’s secretive surveillance industry, considered among the world’s most advanced. Apple rushed out a security update last week after researchers said a prominent Emirati rights activist was targeted by “Pegasus” spyware attributed to Israeli firm NSO Group, based ... Read More »

Amazon is right for Cinema industry, Says Cannes festival Director

The Cannes movie competition is partially opening the door for streaming video giants this year, permitting Amazon to make its debut at the Croisette whilst leaving Netflix out of its 69th annual consultation. pageant director Thierry Fremaux says Amazon’s presence is good news due to the fact its SVOD (streaming video on call for) service releases its movies in cinemas ... Read More »

Intel to break up to 12,000 Jobs as laptop industry Swoons

Intel Corp said on Tuesday it’d break up to 12,000 jobs globally, or eleven percent of its group of workers, as it refocuses its enterprise closer to making microchips that energy data centres and net linked gadgets and far from the declining private computer enterprise it helped found. Tech corporations inclusive of the previous Hewlett-Packard Co and Microsoft Corp have ... Read More »

Uber, Lyft Hitting Los Angeles’ Taxi Industry Hard

Uber and Lyft are eviscerating the taxi industry in Los Angeles three years after they began operating in the city, officials say. Thanks to the ridesharing services, which enable independent drivers to offer rides via a smartphone application, “taxicab service demand indicators have dropped (total trips and dispatch trips) beginning in the second half of 2013 and increasing through 2015,” ... Read More »

Freedom 251: Mobile Industry Raises Concerns Over Rs. 251 Smartphone

Expressing concern over the launch of a smartphone at price as low as Rs. 251, mobile industry body ICA has written to Telecom Minister Ravi Shankar Prasad to get into depth of the issue, saying the rate could not be below Rs. 3,500 even after a subsidised sale. The Indian Cellular Association (ICA) also said that it is not appropriate ... Read More »

Make In India Week Is Shaping the Future of the Indian Automobile Industry

The on-going Make In India Week had a sectoral seminar on opportunities in the automobile industry today at the MMRDA Grounds in Mumbai. The event, which began on 13th February, will finish tomorrow.At the automobile seminar, a host of industry leaders and experts from auto giants such as Tata, Mahindra and TVS spoke about how the booming Indian automobile industry ... Read More »