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Ravi Shankar Prasad

Government wants Apple to consider new policy for local manufacturing

The Government wants iPhone maker Apple to consider a new manufacturing scheme offering duty benefits to set up its plants in the country. "Apple had asked for a set of concessions. For a period of 15 years all the components...

Will consider Apple proposal with open mind: Ravi Shankar Prasad

India will consider US-based iPhone maker Apple's request for incentives to invest in the country with an "open mind", Information Technology Minister Ravi Shankar Prasad told reporters on Wednesday. "We will very much like Apple to come and have a...

Celebs endorsing misleading ads to face 5-year jail, fine

Celebrities endorsing misleading advertisements can be jailed for up to five years and face a fine of Rs 50 lakh under a new draft law, which will be taken up by a group of ministers. The Centre in August...

Apple yet to submit proposal to make iPhones in India

Apple CEO Tim Cook during his visit met Prime Minister Narendra Modi and spoke of possibilities of manufacturing, but the company has not submitted any proposal with the IT Ministry to set up its plant in India, Parliament was...

Rs 1,20,000 crore investment in elec manufacturing: Govt

Telecom Minister Ravi Shankar Prasad revealed that with efforts on to make India an electronics manufacturing hub, the total investment in the sector has now reached Rs 1,20,000. He further added that the Government was promoting electronics manufacturing in a...

SFIO to inspect finance books of Ringing Bells

Ringing Bells, the seller of Freedom 251 smartphone has hit another controversy. The Serious Fraud Investigation Office has sought to inspect finance books of company that touts to sell world's cheapest smartphone at Rs 251. Telecom and IT minister Ravi...

Ravi Shankar calls for open, plural and inclusive Internet

Speaking at the Internet Corporation for Assigned Names and Numbers (ICANN) conference at Marrakech in Morocco, Ravi Shankar Prasad, Union Minister for Communications and IT pressed on the point that India supports multi-stakeholder model for internet governance and emphasized...
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Former HUL CEO Mehta teams up with PE fund L Catterton for India-focused JV

Mehta will serve as the executive chairman of India for the vehicle from 4 April onwardsMumbai: Former Hindustan Unilever...
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