• ALL DEALS
    On return to India, inform bank of changed residential status

    iStockPhoto I am 60 plus, and am returning to India after staying in the Gulf for 20 years. I have non-resident external (NRE) and foreign currency non-residential (FCNR) deposits, which mature at different times up to 2020. Considering that my status after return is resident not ordinarily resident (RONR) during the first 2 years (minimum), […]

  • ELECTRONICS
    ‘Digital India’ Will Transform the Country, Says Ravi Shankar Prasad

    Communications and Information Technology Minister Ravishankar Prasad on Monday said the ‘Digital India’ initiative will transform the country into a digital society and a knowledge economy. With the demand for electronic hardware expected to rise rapidly to $400 billion by 2020, India has the potential to become an electronic manufacturing hub. The central government has […]

  • ELECTRONICS
    Apple Supplier Delta Electronics Plans to Quadruple Revenue From India

    Taiwan-based Delta Electronics Inc expects to quadruple annual revenue from India over the next three years as it makes more power components in the country, in tune with Prime Minister Narendra Modi’s push to develop industry. Boosted by the rollout of India’s 4G broadband network, the company aims to generate about $700 million (roughly Rs. […]

  • ELECTRONICS
    Homefront Revolution Release Date and Price Revealed for India

    When we played Homefront: The Revolution at Gamescom 2015 we noted that while it was rough around the edges, there was enough to allow it to stand out from a crowded open-world shooter genre. At the time its publisher, Deep Silver was yet to finalise on a new distributor for India following theimplosion of incumbent […]

  • ELECTRONICS
    AMD Plans to Enter India in a Big Way: Ravi Shankar Prasad

    Chipmaker AMD plans to enter Indian electronics sector in a big way and has already tied up with HSMC for chip manufacturing in the country, Telecom Minister Ravi Shankar Prasad said on Tuesday. AMD CEO and President Lisa Su met Prasad and conveyed that the company is committed to transform India into electronics manufacturing hub. […]

  • ELECTRONICS
    LG Starts Smartphone Manufacturing in India

    Reiterating its commitment to the Make in India initiative, South Korean electronics major LG on Thursday launched two locally-made smartphones and targets to manufacture 1 million phones in India. The company will be manufacturing phones at its Noida facility in partnership with GDN Enterprises. The two smartphones – the LG K7 LTE and LG K10 […]

  • NEWS
    ShareChat raises $1.35 million from SAIF Partners, India Quotient

    ShareChat is a social networking platform for vernacular language users, available in four Indian languages, namely Hindi, Marathi, Malayalam and Telugu. Photo: Bloomberg Mumbai: Bengaluru-based Mohalla Tech Pvt. Ltd, which operates the vernacular language content app ShareChat, has raised $1.35 million in a seed round of funding from SAIF Partners and existing investor India Quotient. […]

  • ELECTRONICS
    Xbox One Is Finally Available at Local Game Stores in India

    HIGHLIGHTS You can now buy the Xbox One at local game stores. These are official units with warranty from Microsoft. Microsoft India appears to be unaware of this. Almost two months ago we spotted Xbox One exclusive games like Halo 5 on the store shelves with retailers telling us the Xbox One console itself will […]