Pankaj Doval

US reciprocal tariffs may hit exports of India-made iPhones, auto parts

Feb 24, 2025Apple and auto component makers face potentially significant losses if the Trump administration imposes reciprocal tariffs on electronics and smartphones imported from India. This move could disrupt Apple's manufacturing investments, which currently benefit from zero import duties in the US, and impact the competitive edge of India's electronics and auto components exports.

Suzuki rejigs India EV plans

Feb 21, 2025

Tesla likely to import cars from Germany, skip China

Feb 20, 2025

Meet the company building content management system for top brands such as Lego, Burberry, Walmart, Alaska Airlines, and ASICS

Feb 19, 2025

'India key to achieve 1 billion global users': Canva co-founder Cameron Adams

Feb 19, 2025In 2024, Canva saw a significant rise in usage in India with 5.3 lakh daily presentations. India has become a critical market, moving up to the fourth most popular for Canva, contributing to its goal of reaching one billion global users. Canva is also exploring data localization in response to changing global data protection laws.

Smartphone exports jump 50% on iPhone shipments

Feb 19, 2025India's mobile phone exports have increased by nearly 50% in the first 10 months of the financial year, led by iPhone production. Apple has significantly ramped up manufacturing, making India a global hub. Exports are expected to reach Rs 1.8 lakh crore by year-end, bolstered by government incentive schemes and boosted local production.

Tesla’s cars coming soon to India? Company advertises positions for retail staff

Feb 18, 2025Elon Musk may be finally moving forward with launching Tesla's electric cars in India, following recent discussions with Prime Minister Narendra Modi. Tesla has advertised for retail positions in Mumbai and is expected to import cars initially, encouraged by recent government policies and incentives.

Gaming industry will shut down if cos need to pay Rs 1.1 lakh crore in past GST demands: Dream11’s Jain

Feb 15, 2025Harsh Jain, CEO of Dream11, has requested for creation of an independent regulator like SEBI for the online gaming industry. He warns that the sector will collapse if forced to pay the retrospectively imposed GST, which impacts 400 companies and threatens their financial viability. Jain suggests lower tax rates based on Gross Gaming Revenue.

Semiconductor manufacturing tools maker Lam Research commits Rs 10,000 crore investment in India

Feb 11, 2025Lam Research, an American chip-making tools supplier, is set to invest Rs 10,000 crore in Karnataka, India. This move signifies a significant milestone in India’s semiconductor industry growth, following the government's Rs 76,000 crore incentive package launched in 2021 to attract such investments.

India top market for Swiss watch company Rado

Feb 11, 2025