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Home  Business

Business

iPhone 12 drives Apple smartphone sales to new levels

iPhone 12 drives Apple smartphone sales to new levels

  • Laurus Labs registers multi-fold growth

    Hyderabad-based company’s revenues for FY21 stood at Rs 4,814 crore, up 70 per cent Y-o-Y while its profit jumped 286 per cent to Rs 984 crore Y-o-Y
  • India’s Q1 gold demand surges 57% to touch Rs 59,000 crores  

    Total jewellery demand during Q1 2021 was up by 39 per cent at 102.5 tonnes as compared to 73.9 tonnes in Q1 2020. The value of jewellery demand was Rs 43,100 crores, registering a rise of 58 per cent from Rs 27,230 crore in Q1 2020.
  • CES to return as in-person event in Las Vegas in 2022

    The CES organiser, the Consumer Technology Association (CTA), said in a statement on Wednesday that the largest tech conference of earth will be open for people in 2022.
  • Apple now has 660M paid users across its Services

    The company posted all-time records for the App Store, cloud services, music, video, advertising and payment services.
  • Restrictions on movement fine, but not total lockdown: TN MSME units

    The Coimbatore based Bascet Engineering caters to the construction sector with products like wooden window fittings, hardware parts for doors and others.
  • ‘Very, very pleased’ with India growth story: Apple

    According to a latest report by market intelligence firm CMR, Apple shipped over a million iPhones in the country in the first quarter of 2021, growing close to an impressive 90 per cent (on-year) during the three-month period.
  • NISM, CRISIL launch certification for wealth managers

    For the industry,this will help drive sustainable flows, boosting its long-term resilience and contributing to growth.
  • Most Indian corporates have protection against weakening rupee: Moody’s

    On April 27, 2021, the Indian rupee closed around 74.66 against the US dollar, or about 3 per cent lower than levels in mid-March.
  • Fuel prices unchanged, revisions expected post polls

    OMCs benchmark retail fuel prices to a 15-day rolling average of global refined products' prices and dollar exchange rate.
  • US Fed keeps interest rates near zero as recovery picks up

    The central bank pledged to continue its asset purchase program at least at the current pace of $120 billion per month until the economic recovery makes "substantial further progress".
  • Apple posts record $89.6 billion revenue, iPhones sales grow over 65%

    This quarter reflects both the enduring ways our products have helped our users meet this moment in their own lives, as well as the optimism consumers seem to feel about better days ahead for all of us
  • IFC to invest $15M in Seabright IV L.P/Prime Venture Partners

    The IFC also plans another $15 million as a co-investment envelope to invest alongside the Fund.
  • Rupee surges 26 paise to 74.10 against US dollar in early trade

    The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.03 per cent to 90.58.
  • Sensex rallies over 600 points in early trade; Nifty reclaims 15,000 level

    IndusInd Bank was the top gainer in the Sensex pack, rising around 3 per cent, followed by Axis Bank, Bajaj Finance, Bajaj Finserv, ONGC, Kotak Bank and Reliance Industries.
  • Samsung sees chip recovery in Q2 after strong Q1 results

    Samsung's net profit stood at $6.4 billion in the January-March period, up 46.2 per cent from a year earlier, the world's largest memory chip and smartphone vendor said in a regulatory filing.
  • Online platform ‘TGreens’ helps mango farmers to sell produce

    An initiative of Horticulture dept and Kalgudi Digital takes orders for mangoes and deliver them to customers in different States
  • MassMutual to increase headcount in Hyderabad

    US life insurer to establish more domain-specific centres of excellence in the city's Global Capability Center
  • Imagindia calls on RBI to delay ban on Amex, Diners Club

    The RBI ruled to impose a ban on American Express Co and Diners Club International from issuing new cards in India.
  • India’s GDP to grow at 11pc this fiscal: ADB

    However, the Asian Development Bank (ADB) cautioned that the surge in Covid-19 cases may put the country's economic recovery at risk.
  • Niti Aayog suggests govt to provide incentives on EV purchase

    The Niti Aayog in its status quo analysis of electric mobility in India also said the government should include EVs and associated businesses in the priority sector lending category.
  • Zomato files for Rs 8,250 cr IPO as orders surge in pandemic

    In a draft red herring prospectus (DRHP) filed with the market regulator, Zomato said it aims to raise Rs 8,250 crore in capital by offering the company's equity shares for sale.
  • Apple to cut AirPods production due to decreasing sales: Report

    "The most significant order reduction is for the second quarter toward the start of the third quarter," one of the people familiar with the matter was quoted as saying.
  • Hyundai Motor India announces Rs 20-cr COVID-19 relief package

    Hyundai Motor India Foundation (HMIF) will deploy resources to set up oxygen generating plants in hospitals, to aid critical patients, and help hospitals become self-sufficient in oxygen
  • Samsung unveils 5G ready Galaxy M42 smartphone in India

    The smartphone comes in two storage models that includes a 6GB+128GB variant and a 8GB+128GB variant, priced at Rs 21,999 and Rs 23,999, respectively.
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