
BUSINESS
India may allow up to 26% Chinese equity in certain Indian electronic components JVs: Sources
Sources said Chinese companies are increasingly willing to accept conditions for investing in India, viewing it as a critical growth market amid fears that the tariff war with the US could make their products too expensive there

BUSINESS
China’s Lianchuang Electronics eyes India’s components scheme, in talks with Amber, Optiemus
The company is looking to foray into display module and camera module manufacturing by leveraging the government’s new production-linked incentive (PLI) scheme

BUSINESS
Apple's iPhone move to India may face Chinese hurdles as iPhone 17 trials begin
Apple assembled $22 billion worth of iPhones in India during the 12 months ending March 2025—a nearly 60% increase year-on-year.

BUSINESS
Airtel seeks equity conversion of statutory dues, wants a level-playing field
The telco’s move comes in the wake of the government raising its stake in Vodafone Idea to over 49%

BUSINESS
Nokia’s India sales up 75% in Q1 with new Airtel, Vi deals, but tariff headwinds loom on profit
India also led regional growth for Nokia’s Fixed Wireless Access (FWA) and cloud and network services businesses

BUSINESS
Premium smartphone push tops 2025 India plan, says OnePlus founder Pete Lau
OnePlus founder and Oppo global senior vice president Pete Lau tells Moneycontrol that the investment cycle has begun and the brand plans to expand its smartphone lineup as well as product portfolio with emphasis on AI innovation

BUSINESS
OnePlus ramping up India production with new partners; eyes exports: Pete Lau, founder
The manufacturing investments are part of OnePlus' Project Starlight, under which the Company is committing Rs 6,000 crore by 2027, which is also being utilised for local R&D and retail expansion.

BUSINESS
Tata Communications resilient amid tariff uncertainty, eyes growth with strong cash flows and strategic investments: CEO
The company has been empanelled for the Ministry of Electronics and Information Technology’s AI Cloud Facility and is closely monitoring the programme’s rollout. In parallel, the company is leveraging its AI platform Vayu internally to enhance its own AI capabilities, including consuming GPU resources for internal innovation and product development.

BUSINESS
Samsung considering India smartphone shift as Trump tariff squeezes Vietnam exports
Samsung is likely in talks with Indian EMS players that have partnerships with Chinese ODMs such as Huaqin, which designs the South Korean major’s smartphones globally.

BUSINESS
Adani Data Networks sheds regulatory burden with spectrum deal with Airtel: Analysts
On Tuesday, Bharti Airtel and its subsidiary Bharti Hexacom said they had signed definitive agreements to acquire rights to use 400 MHz of spectrum in the 26 GHz band from Adani Enterprises-owned Adani Data Networks

TECHNOLOGY
Chinese CCTV players, Indian MSMEs left in lurch as govt declines deadline extension for key certification
The Ministry of Electronics and Information Technology had set April 9 as the deadline for CCTV players to get a key certification for ensuring cybersecurity and trusted supply chain.

BUSINESS
Ericsson starts Antenna manufacturing in India via VVDN; to export to other countries
A share of the antennas made in India will be exported, placing India as a central location in Ericsson’s global supply chain. The company aims to align product development with customer needs across different regions.

BUSINESS
Tata Communications Q4 net profit more than doubles to Rs 761 crore
The company's revenue from operations in the reporting period jumped 6.1 percent year-on-year to Rs 5,990 crore as against Rs 5,645 crore in the same period last year.

BUSINESS
As Honor India stumbles, Madhav Sheth shifts focus to Alcatel smartphones
HTech will not be involved in the Alcatel smartphone launch in India, Sheth has said

BUSINESS
Telecom gear maker Mavenir slashes jobs in India in global recast and missed 4G/5G contracts
The layoffs are part of a broader global restructuring effort to align with shifting market dynamics and optimising operations. Sources told Moneycontrol that the job cuts are primarily affecting employees in the radio and RAN engineering departments, mirroring similar reductions seen in the US.

BUSINESS
Xiaomi and Samsung see steep shipment declines in India as the market contracts in Q1 2025
Xiaomi’s shipments, including those of its sub-brand Poco, fell a staggering 38%, bringing its market share down to 12% from 18% a year earlier — the steepest drop among all major players. Samsung followed with a 23% decline, shipping 5.1 million units and seeing its market share shrink to 16% from 19%.

BUSINESS
Private telcos slam MMRC’s Metro Line 3 telecom model as illegal, anti-consumer
Private telcos are opposing MMRC's decision to award telecom infrastructure deployment to a third-party IP-I (Infrastructure Providers Category I) vendor, in violation of existing regulations.

BUSINESS
Old brands, new battles: Acer, Alcatel return as Honor, Nokia fade in India’s smartphone war
Both companies are targeting the sub-Rs 20,000 price bracket — a segment that sees the highest volumes

BUSINESS
Chinese brands lose ground as Indian rivals surge in TWS audio market; smartwatch market set for continued decline
Indian brands seized the momentum: Boult and Noise, ranked second and third in the TWS market, saw their shipments surge 44% and 14% respectively, while market leader boAt posted modest growth of 1.6%, according to data from market tracker IDC.

BUSINESS
Telcos likely to hike tariffs by Nov-Dec as monetisation push gains steam: Analysts
Vodafone Idea urgently needs a price hike to fund investments in 4G expansion and a delayed 5G rollout, while Bharti Airtel also seeks better returns on capital

BUSINESS
Motorola weighs entry into Rs 23,000-cr electronics PLI scheme amid tariff uncertainty; forays into laptop market
The company has also entered the consumer laptop and tablet segments, aiming to replicate success in the smartphone market

BUSINESS
Asus eyes laptop exports from India, gunning for enterprise PC crown by 2027
Asked if the Taiwanese major is making significant changes to its global supply chain strategy due to the ongoing tariff-related developments, Lee said, “It is up and down at headquarters, and it is a problem for every company. The situation is fluid, and the supply chain is complex. Once things settle down, we will probably have a clear picture.”

BUSINESS
Realme partners with Optiemus to manufacture 5 million AIoT devices annually in India, creating 2,000 jobs
Under the partnership, Realme will manufacture its entire next-generation AIoT portfolio—including earphones, smartwatches, and tablets—locally.

BUSINESS
Apple smashes first-quarter record in India with over 3 million iPhones sales
The newly launched iPhone 16 series, including the budget-friendly iPhone 16e, is driving the surge, accounting for more than half of total shipments