Key Business News

Saudi Aramco surpassed by Apple to become world’s most valuable company

The company’s strong earnings report to become the world’s most valuable publicly traded company was ridden by Apple, exceeding the state oil giant Saudi Aramco at Friday’s market close. A market valuation of $1.84 trillion was given to Apple, after its shares closed up 10.47% Friday. The most valuable publicly listed company since its market […]

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RS Prasad: Smartphones, components worth Rs 11.5 lakh crores to be produced in India in next 5 years

Ravi Shankar Prasad, Union Minister for Electronics and IT said, on Saturday that, under the Production-Linked Incentive (PLI) Scheme, mobile phones and components worth Rs 11.5 lakh crores will be produced in India in the next five years. While speaking for a press conference, Prasad said, “Under the Production-Linked Incentive Scheme, around 22 companies have

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Report: Indian smartphone market set to recover by 40% in 2nd half

According to a new report, the Indian smartphone market is now showing reassuring signs of stimulation that sets it on a potential course for market recovery for over 40 per cent in the second half this year, after going through disruptions in supply chain and curtailed domestic production. The mobile market will improve in mid-Q3,

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A distinct tale of two economic giants on the opposite sides of the Atlantic

Before the Corona Virus global outbreak, a conventional state of play prevailed in the enormous economies on the opposite sides of the Atlantic. Europe which is full of older people, and rife with bickering over policy appeared to be stagnant. The United States, governed by innovation and risk-taking, seemed ready to grow faster. But that

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3 Lessons to learn from Successful European Entrepreneurs in the U.S.

How can one make it in entrepreneurship despite all the hurdles of severe immigration laws, the language barrier and other challenges? United States, a land of opportunities, has always been a centre of attraction for entrepreneurs. It takes sleepless nights and endless working hours for these ambitious start-up founders from around the world just to

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