- #Sony India, the local arm of Japan’s leading consumer electronics maker, has decided to step up ‘#Make in India’ for televisions and smartphones instead of relying largely on imports, as it did earlier, in view of the government’s move to increase taxes on overseas products.
- India has in the past five months increased import duties on completely built television sets and smartphones to 20% from 15% and 10% respectively. It has also increased import duties on components for both these products.
- Cash-strapped telecom firm MTNL is investing Rs 190 crore to upgrade its services and may also be allocated 4G spectrum to help stay relevant in the highly competitive market, telecom minister Manoj Sinha has said.
The initiative not only connects the village with Wi-Fi, it also assists the residents in entrepreneurship opportunities such as setting up cottage industries for manufacturing candle incense sticks or sanitary napkins.
#Apple pays $1.77bn of total $15bn tax fine to #Ireland
- Source ET
Sunday, May 20, 2018
Telecom Daily : 21 May 2018
