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Samsung to get about Rs 500 cr PLI incentive: Official

On Rs 900 crore, the government had flagged questions and had asked the company to review their claimNew Delhi: Samsung Electronics will receive incentives worth Rs 500 crore under the production linked incentive (PLI) scheme for extra production of mobile...

Samsung India expects 30% of premium segment revenue from foldable phones this year

Galaxy Fold 5 and Galaxy Flip 5 have recorded pre-booking worth Rs 1,500 crore which is 1.5 times compared to pre-booking registered for previous generation foldable smartphonesNew Delhi: Korean electronics major Samsung expects foldable smartphones to account for 30%...

vivo to open 10 flagship stores in India by 2024

At the flagship store, vivo will conduct workshops for customers to enable them learn versatile ways of smartphone photography etcNew Delhi: Smartphone maker vivo on Thursday said it plans to open 10 flagship stores in India by 2024.Leading mobile...

Import curbs on laptops, tablet will boost local manufacturing: Industry players

The government imposed import restrictions on laptops, tablets and certain types of computers with immediate effect for security reasons and to promote domestic manufacturingNew Delhi: The government's decision to impose import restrictions on laptops, tablets and certain types of...

Samsung eyes 50% market share in India’s super premium segment with Fold 5, Flip 5

Super premium smartphone segment comprises handsets priced above $1,000 (about Rs 82,000)Seoul: Korean electronics major Samsung expects its new foldable devices Galaxy Fold 5 and Galaxy Flip 5 will enable it to capture half of the super premium smartphone...

LVMH to sponsor Paris 2024 Olympic and Paralympics Games

Paris 2024 will take place from 26 July to 11 August and August 28 to 8 September next year and it is expected to draw 10,500 Olympic athletes New Delhi: Luxury retail giant LVMH has become a premium partner of...

Amazon Business records 56% YoY growth during Prime Day

Amazon claimed to have registered a strong growth in Prime membership during the Prime Day event and the highest engagement with 14 per cent more members shopping as compared to last yearNew Delhi: Amazon's B2B platform Amazon Business registered...

Samsung opens premium experience stores in Ahmedabad and Lucknow

Samsung is offering special benefits such as student discounts of up to 10% on smartphones, tabs, laptops, and smart watchesNew Delhi: Consumer durables and IT (CDIT) brand Samsung opened two premium experience stores, each at Palladium Mall, Ahmedabad (3,500...

How Indian retail industry celebrated International Day of Yoga 2023

From Yogathons to special offers, here’s a quick recap of how some key brands and retailers in India celebrated the International Day of YogaNew Delhi: The entire world observes 21 June as the International Day of Yoga, with India leading...

Samsung opens biggest premium experience store in Telangana

The company eyes to increase the share of business from premium products to 60 per cent in the TelanganaNew Delhi: Smartphone major Samsung has opened its biggest premium experience store in Telangana as it eyes to increase the share...
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Footwear brand Trase reacquired from Upscalio, raises $0.5mn

Trase was acquired by Upscalio in 2021 as part of its strategy to build a diversified portfolio of brands...
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