Telecom equipment maker Nokia has laid off about 2,000 workers in Great China. This Finnish company is trying to reduce costs due to weakness in the telecom equipment market. Nokia also plans to lay off 350 workers in Europe. A Reuters report quoted a source with knowledge of the matter as saying that the company…
Nokia, one of the big telecom equipment makers, is in talks with the country’s second largest telecom company Bharti Airtel for a contract worth millions of dollars. This contract is for providing 5G telecom equipment. Bharti Airtel is expanding its 5G network. India is the second largest market for smartphones in the world. Bharti Airtel…
American devices maker Apple launched the iPhone 16 series last month. The smartphones of this series have features like better design, A18 chipset and action buttons. Apart from this, a separate camera control button is also provided. The sales of iPhone 16 are as per the company’s estimates. TF International Securities analyst Ming-Chi Kuo has…
Zomato, which provides food delivery service through the app, has stopped its service in about 225 cities last month. The company has given this information in the December quarter results. Zomato has said that this decision has been taken due to low number of orders in these cities for the last few quarters. The company…
The sales of the country’s largest car maker Maruti Suzuki have declined by two percent last month. High base effect, excess heat and Lok Sabha elections are the main reasons behind this. However, the company is hopeful that the pace of its sales will increase due to a good upcoming monsoon season. Maruti Suzuki has…