Infosys Gets Big Jolt, Revenue Declines 11 Percent, TCS, Microsoft

Infosys included in large software companies decreased by about 11.75 percent on a year-by-year basis in the fourth quarter of the previous financial year. The company’s growth estimates for the current financial year also indicates increasing competition in this sector. Infosys has estimated up to three percent growth in revenue. However, the company’s margin guidance…

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Ola denies charging differential pricing for iPhone, Android Users in India, Uber, Google, Apple

OLA, which provides cab service through the app, has refused to decide the price on the basis of the user’s smartphone. Earlier, Uber also denied the allegation of separate pricing for Apple and Android smartphones. Last week, these two cab companies were sent notices to the Central Consumer Protection Authority (CCPA) for allegations of separate…

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Tata Electronics Expands iPhone Manufacturing With Pegatron Acquisition, Foxconn, Samsung, Vivo

In the last few years, manufacturing and export of American devices maker Apple’s iPhones has increased in India. Tata Group company Tata Electronics also manufactures this smartphone for Apple. Tata Electronics has bought a controlling stake of 60 percent in Pegatron, the iPhone manufacturing company in the country. Under this deal, the teams of Tata…

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Blinkit to Deliver iPhone And May Other Smartphones in 10 Minutes, Xiaomi

Blinkit, one of the major quick-commerce platforms, has expanded the range of products in its 10-minute delivery service. This service of Blinkit will also include delivery of smartphones and feature phones. Electronics delivery service within 10 minutes has been started in Delhi-NCR, Bengaluru and Mumbai. Blinkit CEO, Albinder Dhindsa took to social media platform Post…

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Apple Gets Big Shock In India, CCI Denies Request of Company to Stop Investigation

Difficulties may increase for American devices maker Apple in the country. The Competition Commission of India (CCI) has refused to stop the investigation against the company for violation of competition law. Apple is accused of misusing its dominant position in the market. Reuters report quoting CCI’s internal order states that Apple’s request to withhold the…

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