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iPhone12
Press

Apple India reports 29% rise in revenue in FY20

Tech giant Apple clocked about 29% jump in its revenue in India at Rs 13,755.8 crore in FY2020, while its net profit witnessed manifold growth, documents sourced by business intelligence platform Tofler said. Apple India’s revenue stood at Rs 10,673.7 crore for the fiscal ended March 31, 2019. The iPhone maker recorded a net profit of Rs 926.2 …

Festive Sales
Press

Online retailers battle for consumers ahead of Diwali

India’s two biggest online retailers, Walmart-owned Flipkart and Amazon, are going head-to-head with their own shopping events: Big Billion Days and the Great Indian Festival. Deep-pocketed JioMart, which is owned by Asia’s wealthiest billionaire, is looking for market share, too. This year is particularly important as the world reels from economic fallout caused by the coronavirus …