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India Plans Rare Earth Magnet Incentives As Supply Threat Mounts: Report
India is holding talks with companies to establish long-term stockpiles of rare earth magnets by offering fiscal incentives for domestic production, people familiar with the matter said.
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Avoid Offering Freebies That Can Hit State's Fiscal Health: Poll Body Chief
Admitting that some states are unable to pay salaries due to the heavy cost of freebies promised during campaigning, Chief Election Commissioner Rajiv Kumar on Tuesday said the Election Commission of India's hands is tied on the issue of "freebies".
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Zoom Changes Name to Emphasise AI Offerings, Gives Sales Forecast
Zoom Video Communications gave a sales forecast for the current quarter that failed to impress investors who were expecting a bigger boost from the company’s expanded suite of products. Revenue will be about $1.18 billion (roughly Rs. 15,170 crore) in the period ending in January, Zoom said Monday in a statement.
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Apple's iPhone Shipments in China Rebound With 12 Percent Surge in March After Price Cuts
Apple's iPhone shipments in China increased by 12 percent in March after the company and its retailers reduced prices, according to data from a research firm affiliated the Chinese government.
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Government Portal Offered More Jobs Than Applied For In 2023-24: Report
Vacancies listed on the government's job portal National Career Service (NCS) displayed an interesting trend. The NCS data shows that in the fiscal year 2023-24 jobs available through the portal were significantly higher than job seekers.
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Ubisoft Says Too Many Titles in Development Led to Recent Game Delays, Cancellations
Ubisoft has finally revealed the reason behind its several game delays and cancellations. During its Q3 2022–23 investors call, CEO Yves Guillemot claimed that the measure was taken because the company was producing too many titles at the same time. Cutting down on minor projects will help them save time, by moving those developers on to offer su...
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Electric Vehicles to Offer 3 Lakh Crore Business Opportunities in India in Five Years: CRISIL
Electric Vehicles will offer almost Rs. 3 lakh crore business for stakeholders in India in the next five years through fiscal year 2026, says CRISIL analysis. The opportunity includes potential revenue of about Rs. 1.5 lakh crore across vehicle segments for OEMs.
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Okinawa Autotech Sells 15,976 Electric Scooters In Q1 FY2022
Okinawa sold 4467 units in April, 5649 units in May and 5860 units in June this year, while also expanding its dealership network in the southern states.
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India May Raise Vaccine Spending To Rs 45,000 Crore This Fiscal: Report
India may raise spending on COVID-19 shots by over a quarter this fiscal year to up to Rs 45,000 crore from its budgeted amount, two government sources told Reuters after Prime Minister Narendra Modi offered free doses to all adults.
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CredR To Invest Rs. 110 Crore In Used Two-Wheeler Market In FY 2021-22
CredR is planning to open 50 CredR franchise showrooms offering used two-wheelers in FY 2021-22 and over 100 Showrooms by 2023.
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Apple Expands Services Business to Markets in Africa and Beyond
Apple has focused on growing sales from its services segment, which totaled 17.8 percent of its $260.1 billion (roughly 20 lakh crores) in revenue in its most recent fiscal year, as consumers have slowed in upgrading their smart phones.
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Japan's Plan To Boost Economy Amid Coronavirus - Cash Handouts To Homes
Japan will look into offering cash payouts to households as part of a stimulus package that could be worth more than $276 billion to combat the widening fallout from the coronavirus outbreak, joining efforts across the world to roll out huge fiscal support to fend of recession risks.
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Budget 2020: Room For Income Tax Relief Limited As Centre Faces Tax Shortfall, Says Report
Tax collections in the current fiscal may fall short of targets by as much as Rs 2 lakh crore on faltering economy, leaving a very little room for Finance Minister Nirmala Sitharaman for offering any meaningful reduction in personal income tax rates.
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Apple News Service Reaches 100 Million Users, App Store Sales Expand
Apple's overall services segment revenue rose 16 percent to $46.3 billion in its most recent fiscal year ended on September 28, 2019, while its iPhone segment sales fell 14 percent to $142.4 billion
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Exclusive: Maruti Suzuki Vitara Brezza Petrol Coming This Fiscal Year, This Was The Hold Up
The much-discussed petrol version of the Maruti Suzuki Vitara Brezza will launch in Q4 of 2019-20. The new Vitara Brezza will be powered by a 1.2 litre petrol motor and will offer manual and AMT variants, and will be Bharat Stage 6 or BS6 compliant. It will also usher in the facelift for the car.
-
India Plans Rare Earth Magnet Incentives As Supply Threat Mounts: Report
India is holding talks with companies to establish long-term stockpiles of rare earth magnets by offering fiscal incentives for domestic production, people familiar with the matter said.
-
Avoid Offering Freebies That Can Hit State's Fiscal Health: Poll Body Chief
Admitting that some states are unable to pay salaries due to the heavy cost of freebies promised during campaigning, Chief Election Commissioner Rajiv Kumar on Tuesday said the Election Commission of India's hands is tied on the issue of "freebies".
-
Zoom Changes Name to Emphasise AI Offerings, Gives Sales Forecast
Zoom Video Communications gave a sales forecast for the current quarter that failed to impress investors who were expecting a bigger boost from the company’s expanded suite of products. Revenue will be about $1.18 billion (roughly Rs. 15,170 crore) in the period ending in January, Zoom said Monday in a statement.
-
Apple's iPhone Shipments in China Rebound With 12 Percent Surge in March After Price Cuts
Apple's iPhone shipments in China increased by 12 percent in March after the company and its retailers reduced prices, according to data from a research firm affiliated the Chinese government.
-
Government Portal Offered More Jobs Than Applied For In 2023-24: Report
Vacancies listed on the government's job portal National Career Service (NCS) displayed an interesting trend. The NCS data shows that in the fiscal year 2023-24 jobs available through the portal were significantly higher than job seekers.
-
Ubisoft Says Too Many Titles in Development Led to Recent Game Delays, Cancellations
Ubisoft has finally revealed the reason behind its several game delays and cancellations. During its Q3 2022–23 investors call, CEO Yves Guillemot claimed that the measure was taken because the company was producing too many titles at the same time. Cutting down on minor projects will help them save time, by moving those developers on to offer su...
-
Electric Vehicles to Offer 3 Lakh Crore Business Opportunities in India in Five Years: CRISIL
Electric Vehicles will offer almost Rs. 3 lakh crore business for stakeholders in India in the next five years through fiscal year 2026, says CRISIL analysis. The opportunity includes potential revenue of about Rs. 1.5 lakh crore across vehicle segments for OEMs.
-
Okinawa Autotech Sells 15,976 Electric Scooters In Q1 FY2022
Okinawa sold 4467 units in April, 5649 units in May and 5860 units in June this year, while also expanding its dealership network in the southern states.
-
India May Raise Vaccine Spending To Rs 45,000 Crore This Fiscal: Report
India may raise spending on COVID-19 shots by over a quarter this fiscal year to up to Rs 45,000 crore from its budgeted amount, two government sources told Reuters after Prime Minister Narendra Modi offered free doses to all adults.
-
CredR To Invest Rs. 110 Crore In Used Two-Wheeler Market In FY 2021-22
CredR is planning to open 50 CredR franchise showrooms offering used two-wheelers in FY 2021-22 and over 100 Showrooms by 2023.
-
Apple Expands Services Business to Markets in Africa and Beyond
Apple has focused on growing sales from its services segment, which totaled 17.8 percent of its $260.1 billion (roughly 20 lakh crores) in revenue in its most recent fiscal year, as consumers have slowed in upgrading their smart phones.
-
Japan's Plan To Boost Economy Amid Coronavirus - Cash Handouts To Homes
Japan will look into offering cash payouts to households as part of a stimulus package that could be worth more than $276 billion to combat the widening fallout from the coronavirus outbreak, joining efforts across the world to roll out huge fiscal support to fend of recession risks.
-
Budget 2020: Room For Income Tax Relief Limited As Centre Faces Tax Shortfall, Says Report
Tax collections in the current fiscal may fall short of targets by as much as Rs 2 lakh crore on faltering economy, leaving a very little room for Finance Minister Nirmala Sitharaman for offering any meaningful reduction in personal income tax rates.
-
Apple News Service Reaches 100 Million Users, App Store Sales Expand
Apple's overall services segment revenue rose 16 percent to $46.3 billion in its most recent fiscal year ended on September 28, 2019, while its iPhone segment sales fell 14 percent to $142.4 billion
-
Exclusive: Maruti Suzuki Vitara Brezza Petrol Coming This Fiscal Year, This Was The Hold Up
The much-discussed petrol version of the Maruti Suzuki Vitara Brezza will launch in Q4 of 2019-20. The new Vitara Brezza will be powered by a 1.2 litre petrol motor and will offer manual and AMT variants, and will be Bharat Stage 6 or BS6 compliant. It will also usher in the facelift for the car.
