Why Apple may have to rewrite India growth plan

To promote localisation of manufacturing and reduce its import bill, the government increased basic customs duty on mobile handsets - from 10 per cent to 15 per cent. Last month, when......

India offers homemade road map to Apple

It had requested the government to grant it 15 years of duty-free import of components to assemble its iPhones in the country, sharing a road map to slowly indigenise products. India has offered......

FinMin junks Apple's demands for tax sops to 'Make in India'

Apple sought exemption from mandatory local sourcing of components for its products The government has rejected demands for tax exemptions by Apple for setting up a manufacturing facility in......

iPhone 7 sees blockbuster sales during Diwali

Sales of the iPhone 7 and 7 Plus surged this festive season because of the Samsung Note 7 fiasco and attractive offers that the Apple laid out.  Industry sources said all the iPhone 7 handsets......