Tuesday, January 25, 2022

Business

Apple ships record 8 lakh units to India in Q3

The company opened a direct online store, giving it several new angles in its go-to-market strategy, such as utilising device trade-ins to provide purchase incentives, or bundling AirPods with iPhones to make them more appealing.

Xiaomi patents foldable smartphone similar to Galaxy Fold

According to LetsGoDigital, Xiaomi applied for it earlier this year on China National Intellectual Property Administration (CNIPA) and the patent was published on October 20.

Pvt sector players liable for damages to space objects: Draft Policy

According to the drafts released by the Department of Space (DOS), private players can provide communication services using space based assets within and outside India.

Poco sold over 10 lakh smartphones during Flipkart’s BBD sale

During the sale, Poco C3, Poco M2, Poco M2 Pro, Poco X2 and Poco X3 were available at discounts and 10 per cent instant cashback for SBI cardholders.

Cognizant to acquire Bright Wolf to propel Industrial IoT biz

"Combining Bright Wolf's experience in production-class IIoT deployments with Cognizant's expertise in foundational IIoT technologies will increase our clients' resiliency, operational efficiency

Bajaj Auto net profit dips 22%

The Pune-headquartered firm reported total volumes of 10,53,337 units in second quarter, down 10 per cent from 11,73,591 units in July-September quarter of 2019-20.

Indian Bank Q2 net profit rises 15%

Indian Bank's total income rose to Rs 11,669.11 crore during September quarter this year from Rs 6,045.32 crore in the same period of the previous fiscal, it said in a regulatory filing.

ONGC wins 7 oil blocks, OIL 4 in latest bid round

The government had offered 11 blocks for exploration and production of oil and gas in the fifth bid round under the Open Acreage Licensing Policy (OLAP). A total of 12 bids seven bids by Oil and Natural Gas Corp (ONGC)

Foreign institutional investors hike stake in Reliance Industries to 25.2%

Reliance Industries (RIL) on Thursday filed a statement showing the shareholding pattern for the quarter ended September 30. The statement showed FII holding 165.8 crore shares or 25.2 per cent of the total shareholding.

SBI Card Q2 net profit dips 46 pc to Rs 206 crore

SBI Card, promoted by the country's largest lender State Bank of India, said its card-in-force grew 16 per cent to 1.10 crore as of second quarter of 2020-21, from 0.95 crore a year ago.

India’s smartphone market hits record 50 mn units in Q3

Smartphone shipments in India recovered in Q3 2020, posting 8 per cent growth to 50 million units (from 46.2 million units in year-ago period).

Aurobindo Pharma arm’s New Jersey unit gets warning letter from USFDA

AuroLife Pharma, a wholly-owned step-down subsidiary of the company, has received a warning letter from the United States Food and Drug Administration (USFDA) for its oral solid manufacturing facility situated at Dayton

Techbooze starts pumping heavy funds into Indian startups

Startups including Byju's, Playco and Ynsect.com have already received funds with an undisclosed figure, the company said, adding that it will be investing heavily into startups and the real estate sector.

Gold declines by Rs 95 on weak global trend

Silver prices also declined Rs 504 to Rs 63,425 per kilogram from Rs 63,929 per kilogram in the previous trade.

Tesla launches ‘Full Self Driving’ beta to select drivers

The customers in Tesla's Early Access Programme will receive software updates, which will give drivers access to Autopilot's ‘partially' automated driver assistance system on city streets.
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