In this sale, huge discounts are being given on energy efficient air conditioners of brands like LG, Lloyd, Blue Star and Godrej.
Tag: market
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Government may give incentives worth millions of dollars to Apple and Dell to make laptops in India
The central government is planning to provide financial incentives to companies producing laptops and tablets in the country. These companies include Apple and Dell. With this, China will also be able to compete as the production base of these companies. To reduce imports, the government wants to increase the production of laptops and tablets and also make the country an export hub in the long run. The Technology Ministry has made changes to an already existing plan for this and has consulted with the executives of electronics companies on this. Have asked for suggestions. Sources with knowledge of the matter said it could include incentives worth more than $500 million per company. The scheme aims to attract Apple, Dell, HP and Asus to increase or start production in the country. The government especially wants to encourage Apple to manufacture iPads in the country. The company is already assembling iPhones in India through its Taiwanese suppliers. In a government document seen by Bloomberg News, incentives worth Rs 4,500 crore have been offered per company. However, for this, foreign companies will have to invest at least Rs 700 crore in five years in addition to the expenditure incurred till March last year. The incentives will depend on the local components procured by these companies and could be up to about 6 percent of the sales of finished products. However, this plan can be changed after consultation with the industry. Last year, a scheme worth Rs 7,350 crore was launched to increase manufacturing and exports of IT products like laptops, tablets and personal computers in the country. However, due to low incentives, these companies did not take interest in it. Apple’s new iPhone 14 will be made in India. Apple hopes to grow its business rapidly from this world’s largest smartphone market after China. The company started manufacturing in India in 2017 with the iPhone SE. It is manufacturing advanced iPhone devices including iPhone SE, iPhone 12 and iPhone 13 in India. iPhone 14 has also been added to it. -
Oppo Find N3 Flip launched in India with 50 megapixel primary camera
Chinese smartphone maker Oppo has launched Find N3 Flip in India. This clamshell style foldable smartphone has MediaTek’s octacore Dimensity 9200 chipset with 12 GB of RAM. It has been made available in three colours. Its triple rear camera setup has a 50-megapixel primary camera. The price of the only variant of 12 GB + 256 GB of this smartphone is Rs 94,999. It will be available in Cream Gold, Misty Pink and Sleek Black colors. It will be available on Oppo’s online store, Flipkart and retail stores from October 22. Oppo users will get an additional discount of Rs 8,000 on exchanging their old smartphone. Apart from this, cashback offers up to Rs 12,000 can also be available. Earlier this year, the company launched the Find N2 Flip in the country at Rs 89,999 for the 8 GB + 256 GB variant. Sales of foldable smartphones have increased rapidly in the last few years. South Korea’s Samsung holds the first position in this segment. Specifications of Oppo Find N3 Flip The dual-SIM Find N3 Flip has a 6.8-inch full HD (1,080×2,520 pixels) LTPO inner screen with a refresh rate of up to 120 Hz. Its 3.26-inch (382×720 pixels) cover display has a peak brightness level of 900 nits. Its triple rear camera setup has a 50-megapixel primary camera with Sony IMX890 sensor and f/1.8 aperture. Apart from this, a 48-megapixel ultra-wide angle camera and a 32-megapixel telephoto camera have been provided. It has a 32-megapixel camera for selfies and video calls. It has dual speakers with Dolby Atmos. Its 4,300 mAh battery supports 44 W SuperVOOC fast charging. The company claims that it can be charged 100 percent in just 56 minutes. It has a graphite layer and high-performance gel for cooling. For connectivity, this phone has options of 5G, Wi-Fi, Bluetooth and NFC. Recently the company launched the budget segment smartphone A18. Its specifications are similar to Oppo A38. It has MediaTek Helio G85 SoC as its processor. -
Uber completes 10 years in India, more than 3 billion rides
Uber, which provides cab services through the app, has completed 10 years of its business in the country. The company has made more than three billion trips. Recently, Uber also completed 40 million green kilometers. This is the total figure of all its zero emission trips. Uber competes with Ola in the country. According to a media report, the company has launched Uber Scholar to help the children of its driver partners in Delhi NCR and Bengaluru as a celebration of its 10 years in the country. In this, tuition fees and online devices will be provided to 1,000 children from primary education to post graduation. The company honored 100 of its driver partners for their contribution in an event held in 10 cities. The children of these driver partners have been given e-learning devices. Prabhjeet Singh, President, India and South Asia, Uber, said, “Celebrating 10 years of the company is incomplete without our drivers. For us, it’s not just about looking back at our collective achievements, but also about giving back to the communities we serve. It’s also about the people with whom we are connected.” Uber has done 3,300 crore kilometers of trips during the completion of 10 years of its business. For this, the company has thanked more than 30 lakh driver partners associated with its app. The company claims that this number is equivalent to filling the Narendra Modi Stadium in Ahmedabad, Gujarat 30 times. Driver partners associated with the company have earned an income of more than Rs 50,000 crore during this period. Uber’s app is available in 125 cities of the country. A few months ago, the company had signed a big deal with Tata Motors related to environment friendly transportation. Under this, 25,000 XPRES-T electric vehicles of Tata Motors will be supplied to Uber. Uber will use these electric sedans in its premium category service. The batteries of XPRES–T are 26 kWh and 25.5 kWh. It can be charged from 0-80 percent using fast charging in 59 minutes and 110 minutes respectively. -
Uber and Rapido get a shock from the Supreme Court, ban on bike taxis remains intact
Uber and Rapido, which provide bike taxi services through the app, got a big blow from the Supreme Court on Monday. The Supreme Court has stayed the High Court order in which these bike taxi operators were allowed to continue service in Delhi. The High Court had directed the Delhi government not to take any action against these firms until a new policy is made. The vacation bench of Justices Aniruddha Bose and Rajesh Bindal has given liberty to both these firms to request the Delhi High Court to hear their petition immediately. This bench has stayed the order of May 26 of the High Court. Along with this, the information of Delhi Government’s lawyer to give notification of the final policy before the end of July has been recorded. Two separate petitions were being heard in the Supreme Court. These petitions were to challenge the High Court order of May 26 of the AAP Aadmi Party government in Delhi. Last week, the court had sought answers from the central government in this regard. The Delhi government had approved the Motor Vehicle Aggregator Scheme last month. In this, cab aggregators and delivery service providers were regulated in the capital. The scheme included having emergency buttons in taxis, integration with the emergency number ‘112’ and phase wise shift to electric vehicles (EVs). The Motor Vehicle Aggregator Scheme will apply to such entities, a person who engages a driver for carrying passengers or for the delivery of a product, courier, package or parcel of a seller, e-commerce firm or a consignor, through electronic, digital or any other means. Are connected with. Earlier this year, Rapido had challenged the Bombay High Court’s order to shut down services in Maharashtra in the Supreme Court. Rapido did not have a license to provide bike taxi or autorickshaw services in Maharashtra. The Bombay High Court had asked Roppen Transportation Services, which operates Rapido, to immediately stop services in Maharashtra as the firm had not obtained a license from the state government. -
Amazon Great Indian Festival Sale: Best deals on gaming laptops under Rs 60,000
Amazon Great Indian Festival sale has started. There are huge discounts available on many product categories. Apart from this, Amazon has also offered an additional discount of 10 percent on transactions through SBI debit and credit cards. Here we are giving information about gaming laptops available for less than Rs 60,000 from some big companies. It can be called the powerhouse of gaming. It has Intel Core i7-11800H processor with 16 GB RAM and 512 GB SSD storage. It has a 15.6-inch Full HD display (1.920 x 1,080 pixels) with a refresh rate of 144 Hz. It has Nvidia GeForce GTX 1650 GPU. Its weight is 1.8 kg. The listed price of this laptop is Rs 92,990. Can be purchased in Amazon’s sale for Rs 57,990. You can also get an additional discount of Rs 1,500 on purchasing it through SBI credit card. Buy Now: Rs 57,990 (MRP Rs 92,990) HP Victus 15This gaming laptop has AMD Ryzen 5 5600H processor. Along with this, there is also AMD Radeon RX 6500M graphics. It has a 15.6-inch Full HD IPS display with a refresh rate of 144 Hz. It has 16 GB RAM and 512 GB SSD storage. Its retail price is Rs 73,435. In Amazon’s sale, it can be purchased for Rs 54,990 with 25 percent discount. Buy Now: Rs 54,990 (MRP Rs 73,435) Acer Aspire 5 This laptop has Intel Core i5 12th Gen processor with 16 GB RAM and 512 GB SSD. There is storage. Acer has provided RTX series graphics card with Nvidia GeForce RTX 2050 in this laptop. It has a 15.6 inch full HD display. It runs on Windows 11. Its listed price is Rs 78,999. It can be purchased in Amazon’s sale for Rs 49,990. You can also get an additional discount of Rs 1,500 on SBI credit cards. Buy Now: Rs 49,990 (MRP Rs 78,999) Lenovo IdeaPad Gaming 3This gaming laptop has a 15.6 inch full HD IPS display with a refresh rate of 144 Hz. It has Intel Core i5-11320H as its processor. This laptop has 8 GB RAM and 512 GB SSD storage. Its Nvidia GeForce RTX 2050 graphics can run even advanced games at good framerates. The listed price of this laptop is Rs 74,090. It can be purchased in Amazon’s sale for Rs 49,999. Buy Now: Rs 49,990 (MRP Rs 74,090) ASUS TUF Gaming F15 This laptop specially introduced for gaming has Intel Core i5-11400H processor with 16 GB RAM and 512 GB SSD storage. It has a 15.6 inch display. This laptop has features like RGB backlit keyboard and Nvidia GeForce RTX 2050 graphics. Its weight is approximately 2.3 kg. The retail price of ASUS TUF Gaming F15 is Rs 80,990. It can be purchased in this sale for Rs 57,990. You can also get an additional discount of up to Rs 1,500 if you buy it through SBI credit card. Buy Now: Rs 57,990 (MRP Rs 80,990) -
Maruti Suzuki accused of evasion of customs duty, company receives notice
The country’s largest car maker Maruti Suzuki has been accused of evasion of customs duty. The Customs Department has given a show cause notice to the company for this. The Customs Department has accused Maruti Suzuki of evading customs duty worth more than Rs 16 lakh. The company has informed in a regulatory filing about receiving a show cause notice from the Customs Department. Maruti says that it will file a reply to this notice. The company is accused of unfairly obtaining BCD concession on the basis of using imported goods from foreign suppliers. Maruti says that this show cause notice will not have any impact on its functioning. Earlier, apart from a notice from the Income Tax Department, the company had also received a show cause notice regarding GST. The Goods and Services Tax (GST) authority had issued a show cause notice to the company demanding outstanding tax of Rs 193.3 crore. Last month, Maruti had its highest monthly sales in a month. The company has sold more than 1.81 lakh units in September. This is an increase of three percent compared to the same period last year. The demand for the company’s SUVs and other utility vehicles has increased rapidly. Maruti’s Grand Vitara and Brezza are getting good response from customers. The company’s sales in this segment have increased by more than 80 percent. Maruti has the first position in the SUV segment. Its models like Fronx and Jimny also have strong demand. Last month the company’s sales stood at 1,81,343 units. Out of this, more than 1.50 lakh units have been sold in the country. This is an increase of two percent compared to September last year. In the first six months of the current financial year, Maruti’s sales in the country have crossed 10 lakh units. This is the first time that Maruti has crossed the sales mark of 10 lakh units in six months of a financial year. Apart from SUVs, the company also sells MPVs like Ertiga, XL6 and Invicto in the utility vehicle segment. Its sales in this segment have increased by about 82 percent compared to the same period last year. The company has sold 59,271 units in the utility vehicles segment. For this, Brezza and Grand Vitara have been the best selling models in this segment. -
Strictness increased on Ola and Uber, bike taxis will be confiscated
Companies like Ola and Uber, which provide bike taxi services through apps, may face difficulties if they continue this service in the capital. Delhi government has said that if these companies do not follow the court order banning bike tax, then their bike taxis will be confiscated. The Supreme Court on Monday upheld the Delhi government’s ban on bike taxis. This was a shock to Uber who had appealed to the court to continue this service. The Delhi government had argued in the court that bike taxis violate city laws as they do not have a license for this service. Uber said that due to this ban, its riders will lose their livelihood. Ashish Kundra, principal secretary and transport commissioner of the Delhi government, told Reuters that these companies should focus on the safety of passengers instead of chasing profits. He said, “We will issue an advisory to these companies asking them to comply with the court order. If they do not do so, we will start seizing the vehicles.” Uber and Ola did not respond to requests for comment. Both these companies were offering bike taxi service through their apps on Tuesday also. The Supreme Court had stayed the High Court order in which these bike taxi operators were allowed to continue service in Delhi. The High Court had directed the Delhi government not to take any action against these firms until a new policy is made. The vacation bench of Justices Aniruddha Bose and Rajesh Bindal had stayed the High Court’s May 26 order. Along with this, the information of Delhi Government’s lawyer about giving notification of the final policy before the end of July was recorded. Two separate petitions were being heard in the Supreme Court. These petitions were to challenge the High Court order of May 26 of the AAP Aadmi Party government in Delhi. Last week, the court had sought answers from the central government in this regard. The Delhi government had approved the Motor Vehicle Aggregator Scheme last month. In this, cab aggregators and delivery service providers were regulated in the capital. -
Hero MotoCorp gets a shock, fraud case registered against the company
A case of forgery and criminal conspiracy has been registered against Hero MotoCorp, one of the largest two-wheeler companies. In this case filed by Delhi Police, the company has been accused of taking tax credit of about Rs 56 lakh by making fake bills of more than Rs 5.9 crore. According to a media report, the complaint has been filed by Brains Logistics Pvt Ltd and it has named Hero MotoCorp along with its main employer Pawan Munjal and executives Vikram Sitaram Kasbekar and Hari Prakash Gupta and an auditor. In response to this, Hero MotoCorp is issuing a statement saying that this is an old matter and the names of any executives are not involved in it. The complaint alleges that the company, in connivance with Munjal and Kasbekar, had raised fake bills of over Rs 5.9 crore for 2009 and 2010 and created fake debit balances in its accounts for Brains Logistics Pvt Ltd. It also alleges that Hero MotoCorp had taken fake CENVAT (service tax) credit of more than Rs 55 lakh. In this case, Hero MotoCorp has been accused of cheating the Income Tax Department and Brains Logistics Pvt Ltd. It said the company had never issued or deposited the fake bills. Recently Hero MotoCorp launched Karizma XMR. The company has re-introduced this popular motorcycle with a new design. The new Karizma has a 210 cc engine. Its price is Rs 1,82,900 (ex-showroom). It has a 210cc 4V liquid cooled engine which generates 25.5Ps of power and 20.4Nm of torque. This motorcycle has been made available in Iconic Yellow, Matte Red and Phantom Black colors. It has features like LCD digital instrument cluster with Bluetooth connectivity, turn by turn navigation, adjustable windshield, slip and assist. This motorcycle has disc brakes at the front and drum brakes at the rear. It has sharp and sleek LED headlamps with LED daytime running lights. -
iQoo 12 series can get 64 megapixel telephoto camera, 5,000mAh battery
Chinese smartphone maker iQoo is preparing to launch iQoo 12 series by the end of this year. It will replace the iQoo 11 series. The company launched iQoo 11 and iQoo 11 Pro in China earlier this year. The base model of this series was later launched internationally. Qualcomm Snapdragon 8 Gen 2 SoCs have been provided in these smartphones. Some information about iQoo 12 series has been leaked. This series may have a base and a pro model. Tipster Digital Chat Station has revealed in a post on Chinese messaging platform Weibo that the iQoo 12 series smartphones will have a 64-megapixel OV64B telephoto sensor with 3x zoom and optical image stabilization (OIS) support. Apart from this, 50 megapixel OmniVision camera and 50 megapixel Samsung ISOCELL JN1 sensor can be provided with ultra-wide lens. Earlier, some leaks had said that the iQoo 12 series could have a Samsung E7 AMOLED display with a resolution of 2K and a refresh rate of up to 144 Hz. Qualcomm Snapdragon 8 Gen 3 SoCs can be provided as processor in these smartphones with 24 GB RAM and up to 1 TB inbuilt storage. The base model of this series may have a 5,000 mAh battery with support for 100 W wired fast charging. Recently iQoo launched Z8 and Z8x. These will replace iQoo Z7 and Z7x. iQoo Z8 has octacore MediaTek Dimensity 8200 SoC and Z8x has Qualcomm Snapdragon 6 Gen 1 chipset. Both these smartphones are with dual rear camera. These were launched in China. iQoo Z8 is priced at CNY 1,699 (approximately Rs 19,300) for the 8 GB + 256 GB variant, 12 GB + 256 GB and 12 GB + 512 GB variants at CNY 1,799 (approximately Rs 20,500) and CNY 1,999 (approximately Rs 22,800) respectively. The iQoo Z8x is priced at CNY 1,299 (approximately Rs 14,800) for the 8 GB + 128 GB variant, while the 8 GB + 256 GB and 12 GB + 256 GB variants are priced at CNY 1,399 (approximately Rs 16,000) and CNY 1,499 (approximately Rs 17,100) respectively. .