Tag Archives: Up

BlackBerry DTEK60 Android Smartphone Up for Pre-Orders Ahead of Official Launch

  BlackBerry late last month announced that it won’t make any smartphones and instead focus on its software business. The company said it would completely outsource smartphone design and production marketed under its brand. Now, the BlackBerry DTEK60 Android smartphone, which had leaked on several occasions earlier, has made it to the market via third-party retailers. The BlackBerry DTEK60 Android ... Read More »

iPhone 7 Being Snapped Up in Asia, but Crowds Smaller Despite Sell-Out

Apple fans from Sydney to Tokyo, the first to snap the new iPhone 7 off the shelves, cheered as they left stores on Friday brandishing their purchases, flanked by applauding sales staff. But underneath the usual fanfare, and despite complaints that the larger size of the new phone and the new jet black colour were sold out, crowds were smaller ... Read More »

37 Mobile Manufacturing Plants Set Up in India in Last Year: Prasad

India has attracted investment from 37 mobile manufacturing companies in last one year that have generated 40,000 direct jobs and 1.25 lakh indirect employment, IT Minister Ravi Shankar Prasad said today. “We decided to make India a big hub of electronics manufacturing. In the last one year, 37 new mobile manufacturing units have come,” Prasad said after inaugurating government-funded ‘Electropreneur ... Read More »

Gionee Says Will Set Up Manufacturing Unit in India

Handset maker Gionee will set up a manufacturing unit in northern India, pumping in about Rs. 500 crore, to tap into the demand in India as well as to serve markets like Africa and South East Asia. The Chinese company, which assembles its smartphones in India through third-party players like Foxconn and Dixon, expects the plant to be operational in ... Read More »

Coolpad Says Handsets Prices Could Go Up by 7-8 Percent in GST Regime

Mobile phones could become dearer by 7-8 percent after the GST comes into effect, Chinese handset maker Coolpad said on Wednesday. “Depending on the rate of GST, prices could go up 7-8 percent,” Coolpad India CEO Syed Tajuddin told PTI. While the GST rates are yet to be announced, handset makers are concerned that the regime may result in concessions ... Read More »

Mercedes-Benz Teams Up With Garia to Make Luxury Golf Cart

If you are the uber rich with a penchant for everything luxurious, it is likely you are into a sport called Golf and usually, drive up in your chauffeur driven Mercedes-Benz to your preferred club. Now, the German car maker understands all of this and does not want to leave your Mercedes experience in the parking lot. As a result, ... Read More »

PF Body May Invest Up To 12% In Equities, Says Minister

Hyderabad: Buoyed by strong stock markets, Labour Minister Bandaru Dattatreya has said the Employees Provident Fund Organisation may invest up to 12 per cent of its investable amount in equities over a period of time. According to the minister, as of June 30, retirement fund body EPFO invested Rs 7,468 crore in two index-linked ETFs (exchange-traded funds) – one to ... Read More »

Sensex Up Over 150 Points, Trades Above 28,000; RIL Leads Gains

10:00 a.m.: The broader markets were broadly in-line with the benchmark indices. The BSE mid-cap index was up 0.4 per cent and small-cap index jumped 0.7 per cent; Indian Bank was the top gainer from the mid-cap space, up 4 per cent to Rs 163. M&M Financial Services, Reliance Infra, MRPL, Ashok Leyland, GNR Infra and JP Associates were also ... Read More »

IndusInd Bank Q1 Net Up 26% But Higher Bad Loans Weigh On Shares

The bank’s net NPAs as a percentage of total advances ticked up sequentially to 0.38% in Q1. Private sector lender IndusInd Bank kicked off the first quarter earnings season on a strong note by reporting a 26 per cent jump in its quarterly net profit. IndusInd Bank reported a net profit of Rs 661 crore in the quarter ended June ... Read More »

TSMC Sees Demand Grow in Q3 as Customers Gear Up for Holiday Sales

Taiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker and an Apple Inc supplier, said it expects a third-quarter pick-up as customers stock up on chips for new launches in time for the year-end holiday season. Revenue for July-September is expected to reach between TWD 254 billion ($7.93 billion) and TWD 257 billion, up from the second quarter’s TWD 221.81 ... Read More »