Search Results for: smartphone sales

Apple supplier Foxconn to invest $1 billion in India

The move, the scale of which has not previously been reported, is part of a quiet and gradual production shift by Apple away from China as it navigates disruptions from a trade war between Beijing and Washington and the coronavirus crisis.

Jul 11, 2020

The Beardo Millionaires: Trendy beard category founders exit, sell full stake to Marico

In 2017, Marico acquired a 45% stake in Beardo and now it went ahead and acquired the remaining 55% equity share in Beardo's parent company Zed lifestyle. While details of the transaction value remain undisclosed, the estimated value of the deal could be between Rs 350 to Rs 400 crores.

Jul 10, 2020

Majority Indian restaurants closing down; future grim for hospitality sector post Covid-19

While metros of India are gradually opening up post lockdown, many fine-dine restaurants, casual-dining restos, high-end chains, and standalone cafes are pulling down the shutters in the oncoming few weeks. As lease negotiations with landlords requesting deferment of dues fail to materialize, will the hospitality sector revive itself in the Covid-19 era of tomorrow?

Jul 9, 2020