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Byju gets jail term; SC backs 28% gaming GSTLegal troubles compounded for Byju Raveendran as a Singapore court sentenced him to six months in jail. This and more in today’s ETtech Top...- Indian ports turning into logistics and industrial hubs, shipping secretary tells investors in SingaporeIndia's ports are becoming major logistics hubs. Cargo capacity has doubled and will reach 3,500 million tonnes per annum by 2030. The nati...
- Tech prices surge: Phones, appliances set to cost moreElectronics costs are soaring to unprecedented heights, disrupting the long-standing trend of falling prices. Basic gadgets like television...
- Smartphone PLI surpasses targets, turns out to be right call for IndiaThe fiscal stimulus under the production-linked incentive (PLI) scheme for smartphones is likely to be around Rs 21,000 crore for the FY21-...
- Samsung bullish on India outlook for 2026, bets on rising economyAccording to the company's global 2026 roadmap, Samsung will increase its AI (Artificial Intelligence) play in segments such as washing mac...
- Samsung's appliances business grows 1.3 times in Navratri, premium TV sales doubleSamsung India reported strong growth in its appliances business during Navratri, driven by GST reforms and promotional offers. Premium tele...
- Festive boom, GST relief help Samsung clock record sales of high-end smartphones, large-screen TVs in IndiaSamsung India reported record sales growth during the Navratri-Dussehra period, driven by a surge in premium smartphone and television dema...
- Festive smartphone sales may remain flat despite GST cut, strong monsoon: Samsung IndiaSamsung India anticipates flat smartphone sales volume this festive season compared to last year, despite increased consumption in smaller ...
- Retailers say Samsung's upgrade offer exposes them to compliance risksMany mobile phone retailers are facing trouble due to Samsung's new "smart upgrade offer." The retailers allege malpractices in the ongoing...
- Retailer body dials CCI, alleges Samsung involved in anti-competitive practicesIn the letter addressed to the CCI chairman, the retailer body said Samsung has violated the competition act by "abusing its dominating pos...
- Samsung exploring ‘legal opinion’ after DRI's Rs. 17k crore tax evasion notice"This is a tax dispute involving interpretation of law. We are reviewing the notice and are exploring legal opinion," a Samsung India spoke...
- Mahindra buys troubled Rivigo’s B2B express business; Gameskraft gets Rs 21,000-crore GST noticeA month ago we reported that new-age logistics unicorn Rivigo had held talks with Flipkart and FirstCry for a potential sale after failing ...
- GST filing deferment no relief for mobile phone makers after recent rate hikeAn intelligence firm that tracks the smartphone market has cut this year’s growth estimate to 5.5% from 8% earlier. Realme has estimated th...
- Rs 37 lakh penalty on Samsung for not passing GST creditThe NAA further said in its order that Samsung India had increased prices for appropriating the tax reduction 'with the intention of denyin...
- LG to step up its game to stay no. 1 in white goodsLG said it will continue to focus on all business segments to maintain its market leadership.
- Companies to cut prices of washing machines, fridges, small appliances by 7-8% post GST cutThe GST Council had announced in reduction in rates on a number of items from 28% to 18% at its last meeting.
- GST: Samsung reduces prices in Mumbai regionNew prices have been conveyed to dealers, according to the communication seen by TOI. A company spokesperson, however, did not confirm pric...
- Mobile retail stores await clarity on GST, keep stock at minimumSmaller retailers too are wary of issuing bills as many are yet to update systems, though larger ones say the transition has been seamless.
- Prices of smartphones won't increase: HandsetmakersAccording to industry data, 29 out of 36 value-added tax jurisdictions in India had a VAT rate on mobile phones of 5% along with a 1% excis...
- Phone companies cut production ahead of GST rolloutEstablished manufacturers such as Nokia, Micromax and Panasonic have completed their GST registrations, but small traders would not want to...
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