Mobile

Budget 2026: Retailers flag grey-market leakages, seek GST cut on entry-level smartphones

Around 1.5 crore mobile phones are sold in India in a month but nearly 30 lakh units are siphoned off through grey market and export-misuse routes, leading to GST and customs revenue leakages running into hundreds of crores of rupees annually

Karnataka to draft vision document to boost mobile and electronics manufacturing, target $150 billion investment

Karnataka Large and Medium Industries Minister MB Patil directs officials to prepare a vision document aimed at boosting mobile and electronics manufacturing and design in the state, with the goal of attracting USD 150 billion in investments in the coming years.

Taare Zameen Par: Karnataka to resume ‘mobile planetarium’ project, floats tender

Six of the 11 mobile planetariums will be dedicated to schools in the Kalyana Karnataka region

Sudha Murty files police complaint after scammer threatens to disconnect mobile services

The caller claimed obscene videos were being accessed from Rajya Sabha MP's number and tried to extract personal information from her

Maharashtra, Karnataka top UPI transactions, 4 states report over a billion transactions

Maharashtra accounted for around 13% of UPI transactions followed by Karnataka at around 7.7%.

Dixon shines in Q4 with blockbuster growth numbers

Backward integration, improving wallet share, and new product development will be key growth drivers

Lenovo’s India revenue crosses $2.5 billion YTD; exceeds last fiscal growth

India will be Lenovo’s hub to develop next-generation artificial intelligence, GPU-based servers, a top company executive said.

Bengaluru gets ‘Traffic Police Museum & Experience Centre’, ASTraM mobile app

ASTraM mobile app to serve as a ‘one-stop solution’ for commuters which offers real-time traffic updates, accident and violation reporting, and traffic fine payments

Tariff hikes by telcos likely to fuel FY25 inflation by 10-15 bps

India’s telecom tariffs were raised 10-27 percent by three private telcos in July, after a period of three years. Experts say that telecom tariff hikes will raise FY25 inflation by 10-15 bps

US pips UAE as largest buyer of Indian-made smartphones, but Russia pays more per piece

Smartphone exports to Russia jumped over 700 percent in the first five months of 2024 from the previous year

More smartphones than cereals: A story of India’s changing exports

Smartphones are within a touching distance of replacing vehicles as one of India’s top exports

Dixon Technologies: Blowout earnings with expanding coverage

The company has a long growth runway owing to massive opportunities in the industry

Karnataka Gig Workers' Bill could impact ease of business in the state, warns IAMAI

In a letter to the state labour department, Internet and Mobile Association of India (IAMAI) claimed that the draft bill could impose a financial burden on aggregators, many of whom are already operating at a loss

Optiemus Infra shares rise as firm organises ground breaking ceremony with Corning at cover-glass finishing facility in TN

The new plant, which is located at the SIPCOT Pillaipakkam industrial park in the Kanchipuram District, Tamil Nadu, will be the country’s first facility to produce high-quality, finished cover-glass parts for mobile consumer electronics.

Dixon Technologies: Aggressively tapping favourable market conditions

The company has a long growth runway owing to massive opportunities in the industry, but the stock is expensive

Chart of the Day: Smartphone exports

In the first five months of the fiscal year, India's mobile exports almost doubled to $5.5 billion or about Rs 45,700 crore. Apple accounted for nearly half of the total mobile phones exported from India.

Proximus Group to acquire up to 84% stake in Route Mobile, buys 58% for Rs 5,922 crores

Proximus Opal, a subsidiary of the Proximus Group, will initially acquire a 57.56 per cent stake in Route Mobile for Rs 5,922.4 crore in an all-cash deal, the enterprise messaging firm said in a regulatory filing.