Apple Pay likely to enter India by end-2026

Apple Pay likely to enter India by end-2026

Apple Inc.’s digital payments service Apple Pay is expected to make its debut in India by late 2026, as the company looks to strengthen its ecosystem play in one of its fastest-growing markets. The move is aligned with Apple’s broader expansion strategy in the country, supported by rising iPhone shipments and increasing demand for premium device...


Mobile phone makers lobby Indian Govt for customs duty cuts

Mobile phone makers lobby Indian Govt for customs duty cuts

Mobile phone firms have sought a customs duty reduction on mobile parts like microphones, printed circuit boards, and wearables, as well as tariff correction on capital goods and other components, to lower the handset production cost, industry body ICEA said in its budget recommendations.

The mobile phone makers...


Jio Platforms Q3 consolidated net profit up 11.3% YoY

Jio Platforms Q3 consolidated net profit up 11.3% YoY

Jio Platforms yesterday reported an 11.3 per cent year-on-year rise in consolidated net profit for the December quarter to Rs 7,629 crore, on account of rise in subscriber base, average revenue per user, and scaling up of digital services. The company had posted a profit after tax (PAT) of Rs 6,857 crore after taking...


COAI seeks licence fee cuts ahead of budget

COAI seeks licence fee cuts ahead of budget

The telecom industry body Cellular Operators Association of India (COAI) has sought a significant reduction in regulatory levies, including a sharp cut in licence fees, in its submissions to the government ahead of the upcoming Union Budget. The association has argued that easing the financial burden on telecom operators is critical to sustainin...