Apple has said that corrective actions have been completed and that Wistron has initiated the process for restarting operations at Karnataka plant

Apple has put iPhone-maker Wistron on probation following the debacle at Karnataka's Naraspura plant; State-owned carrier Air India is likely to conclude privatisation in the next fiscal as the divestment process may take a little over three months of 2020-21; The Union Health Ministry has called an urgent meeting of its Joint Monitoring Group on Monday to discuss the emergence of a mutated variant of the coronavirus in the United Kingdom (UK). Watch this and more on News Blast.Also Read: India suspends flights from UK till Dec 31

Data is the new oil. There is no better time to revisit this phrase than the last week of 2020 ? a year where the success of everything eventually came down to speed and quality of your internet connection.

After Mumbai, IKEA India to focus on Delhi, NCR and Bangalore Home furnishings retailer IKEA India recently opened its store in Navi Mumbai on the Thane-Belapur Road. Two smaller format stores will follow in Mumbai's city centre during 2021. Following Mumbai, IKEA plans to focus on Delhi, NCR and Bangalore for expansion. Despite COVID-19 pandemic, India Inc raised Rs 10 lakh crore this yearIndian corporates managed to raise around Rs 10 lakh crore through equity and debt in 2020 as India...

The company had said that it is investigating whether the Taiwanese contract manufacturer Wistron defied its supplier rules.

Hundreds of workers have been arrested or detained by police, and the Karnataka government has condemned the violence, vowing to take the 'strictest action' against the wrongdoers

In June, this year, Prasad formally launched three schemes to promote domestic electronic manufacturing, especially mobile manufacturing. The three schemes include PLI, promotion of components and semiconductors manufacturing, and setting up of clusters

The iPhone maker recorded a net profit of Rs 926.2 crore in FY20 in India, as against Rs 262.27 crore in the preceding fiscal

The proposals submitted by the companies to the Ministry of Electronics and IT to avail benefits of the Production Link Incentives (PLI) are expected to create 12 lakh employment opportunities in India

Meanwhile, Apple's CEO Tim Cook is scheduled to arrive in India  between June and July. Cook is likely to meet PM Modi

Apple, which works with Taiwanese contract manufacturer Wistron in India, currently makes iPhone 6S and 7 in India

Apple, which works with Taiwanese contract manufacturer Wistron in India, currently makes iPhone 6S and 7 here.

While iPhone sales continued to decline, the company has recorded significant growth in Mac, wearables and services business. International sales accounted for 59 per cent of the quarter's revenues.

\"I think it's in the interests of both China and the United States to have some kind of successful agreement,\" Lighthizer said

Apple and its engagement with India has been an area of interest ever since CEO Tim Cook visited the country.

\"We are willing to find out if there is any difficulty they may face. We will be more than happy to resolve that difficulty,\" Suresh Prabhu said, adding that the Centre is willing to call all state chief ministers who are willing to give them the best deal.

Apple wants to bring its component manufacturers to India to make parts and export finished phones and is seeking tax concessions on import of key components for 15 years.

A picture shared by the source showed details of the iPhone SE with 32GB storage capacity with 'Designed by Apple in California, Assembled in India' printed on the box. The picture showed the price of Rs 27,200 inclusive of all taxes on the box.

With India emerging as a growing market for Apple, the company is mulling over the option of manufacturing its flagship product iPhone in Bengaluru.