Business

The new facility will serve as a premier hub for driving engineering and innovation, Microsoft said, adding that the new facility is Microsoft's third Development Centre in India after Bengaluru and Hyderabad.

According to the automobile manufacturer, the net profit during the quarter under review rose to Rs 1,941.4 crore from Rs 1,564.8 crore during the corresponding period of previous fiscal.

The iPhone maker is planning to release the feature to all some time this spring, The Verge reported on Thursday.

This new version, which starts shipping in March comes with an option for a more powerful powertrain that lets the car travel at least 520 miles and goes from 0 to 60 miles per hour in under two seconds.

Total jewellery demand in India for 2020 was down by 42 per cent at 315.9 tonnes as compared to 544.6 tonnes in 2019. The value of jewellery demand in 2020 was Rs 1,33,260 crores, down by 22 per cent from 2019

As per the render images, itel's new addition in the A-series portfolio will be equipped with a bigger display and dual security.

The reactors will sail in 'single piece' directly to Visakhapatnam from Larsen & Toubro's integrated, coastal manufacturing facility located at Hazira in Gujarat.

Stressing that Apple has every incentive to use their dominant platform position to interfere with how our apps and other apps work, Zuckerberg said that the company "increasingly see Apple as one of our biggest competitors".

The company presented a conservative view on a so-called "super cycle" in the memory chip sector that many analysts have predicted to start this year.

Shares of the company were down five per cent hours after an earning call to discuss the results on Wednesday, CNBC reported.

This demonstration has emphatically validated the 5G readiness of Airtel's network across all domains -- radio, core and transport.

Samsung shipped 62.5 million units in the festive quarter (October-December period). The Galaxy A series, a mid-to-low-end product lineup, continued to perform well.

Jio has quickly become the largest mobile network operator in India and the third largest mobile network operator in the world, with almost 400 million subscribers.

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.12 per cent to 90.75.

Apple is increasing iPhone production in India "with plans to start producing the latest iPhone 12 series locally as early as this quarter".

Apple, which has already started manufacturing certain iPhone models in India, has worked out locations for its retail stores in the country as well.

The company saw its family monthly active people (MAP) reach a massive 3.3 billion as of December 31, an increase of 14 per cent year-over-year.

HDFC Bank was the top loser in the Sensex pack, shedding around 2.50 per cent, followed by HDFC, HCL Tech, Tech Mahindra, Sun Pharma, PowerGrid, Kotak Bank, SBI, and Nestle India.

iPhone revenue was a record $65.6 billion in the December quarter, growing 17 per cent year-over-year as demand for the iPhone 12 family was very strong, despite Covid-19 and social distancing measures.

"This quarter for Apple wouldn't have been possible without the tireless and innovative work of every Apple team member worldwide," said Apple CEO Tim Cook.

Recovery could have been much faster if the government has spent more, says an expert.

In the latest case, Kapoor allegedly conspired to sanction the Rs 200 crore loan to Mack Star that was diverted to HDIL which used it to repay its outstanding with Yes Bank.

The 'Krishi Sakha' app is going to help us further interact with our farmers, understand their concerns, and offer them customised crop insurance solutions in order to solve their farming problems and challenges," said Sanjeev Srinivasan, MD and CEO, Bharti AXA General Insurance.

Krishna M Ella, Bharat Biotech, CMD, said, “With prior expertise in malaria research, WHO prequalified vaccines, supplied to more than 70 countries, Bharat Biotech is geared up for large-scale manufacturing.