Latest India News

Aug 04 Technology India

Apple, Samsung Could Be Hit By India Laptop And PC Import Restrictions

Laptops and tablets are among a handful of electronics that will require a license to be imported into India, according to a government notice published Thursday.
In theory, companies from Apple and Samsung to HP will need licenses to import such products into India.
On Friday, Rajeev Chandrasekhar, India’s information technology minister, said the move was designed to reduce dependence on imports and increase the domestic manufacturing of these products.

An intimate moment in Christopher Nolan’s dark historical drama “Oppenheimer” has been censored in several countries outside the U.S., including India.
Like most movies that feature explicit sex or nudity, sources close to the film confirm, those scenes were censored to secure a release in countries such as India and the Middle East, which don’t allow that type of content to play in theaters.

India’s Ministry of Corporate Affairs has ordered an investigation into the accounts of Eros International Media.
Variety reached out to Eros for comment but had not received a reply by press time.
The ministry investigation follows an examination into the company’s accounts by financial market regulator Securities and Exchange Board of India (SEBI). That resulted in an interim order in late June and the banning of two Eros executives.

Tesla representatives are set to meet India’s commerce minister this month to discuss plans to build a factory to produce what the company has described as an all-new $24,000 car.
Tesla has expressed an interest in building a factory in India that would produce low-cost electric vehicles (EVs) for the local market and for export, the person said, adding that the company had indicated that it would be for the new vehicle.

Foxconn agreed last year with Indian metals-to-oil conglomerate Vedanta to set up a semiconductor and display production plant in India as part of a $19.5 billion joint venture.
But the joint venture failed, highlighting the difficulty for new players to enter a market dominated by established firms with huge experience and a highly intricate supply chain.