(Reuters) -Apple ended Samsung Electronics’ 12-year run as the largest seller of smartphones in the world, after commanding a 20% market share in 2023, according to a report from International Data Corp. Samsung ended the year with a 19.4% share, followed by China’s Xiaomi, Oppo and Transsion, preliminary data from IDC’s Worldwide Quarterly Mobile Phone …
Apple overtakes Samsung as top seller of smartphones Read More »
BENGALURU (Reuters) – India overcame Afghanistan in a second Super Over in a heart-stopping T20 International to complete a 3-0 series sweep on a night of high drama on Wednesday. The home side had bagged the series with back-to-back wins in Mohali and Indore, rendering the result of the match at M Chinnaswamy Stadium academic. …
Cricket-India overcome Afghanistan in Super Over drama to sweep T20 series Read More »
By Padraic Halpin DUBLIN (Reuters) -China would like to deepen economic and trade cooperation with Ireland, particularly in areas of “huge potential” such as green technologies and the digital economy, Premier Li Qiang said on Wednesday during a trip to Dublin. Li, the most senior Chinese official to visit Ireland since his predecessor Li Keqiang …
On visit to Ireland, Chinese premier eyes deeper economic ties Read More »
MOSCOW (Reuters) – Russia is developing its relations with North Korea in all areas, including “sensitive” ones, Kremlin spokesman Dmitry Peskov said on Wednesday. North Korea’s foreign minister lauded comradely ties with Russia on Tuesday and then held rare talks in the Kremlin with President Vladimir Putin, who has been invited by Kim Jong Un …
(Reuters) – The Indian government will sell up to 3.5% stake in state-run NHPC through an offer for sale, the company said in an exchange filing on Wednesday. The proposed stake sale will see the government divest 2.5% of the renewable energy major’s stock with an option to sell an additional 1%. The floor price …
BENGALURU (Reuters) – India’s ICICI Prudential Life Insurance reported a decline in new business margins on Wednesday, as demand dipped for high-value policies following taxation changes and sales of low-margin products increased. The value for new business (VNB) – the expected profit from new policies – fell 15% to 14.51 billion Indian rupees ($174.49 million) …
India’s ICICI Prudential logs lower new business margin in April-Dec Read More »
By Divya Chowdhury and Savio Shetty DAVOS, Switzerland (Reuters) – Wipro is feeling a “bit more” optimistic about its next financial year as clients spend more on artificial intelligence (AI) to reduce operating costs, the head of the Indian IT firm’s Americas 2 business told Reuters on Wednesday. “Most client conversations are about cost-saving efforts …
Wipro a ‘bit more’ optimistic about next fiscal year due to AI Read More »
By Una Galani and Peter Thal Larsen DAVOS, Switzerland, Jan 17 (Reuters) – India is eyeing $100 billion in annual foreign direct investment (FDI) “in the next few years”, its IT minister said on Wednesday, as Prime Minister Narendra Modi seeks to attract investors ahead of a reelection bid. “We see 6-8% consistent growth rate …
India eyes $100 billion annual foreign direct investment in coming years – IT minister Read More »
BENGALURU (Reuters) -Indian IT services firm LTIMindtree reported a smaller-than-expected profit for the seasonally weak third quarter, with the demand environment continuing to remain challenging as clients cut back spending on discretionary projects. The company’s operating margin expanded to 15.4% year-on-year, but fell short of its expectations of exiting the fiscal-year at 17%-18%. Margins, however, …
India’s LTIMindtree misses Q3 profit estimates on weak demand, furloughs Read More »
By Asif Shahzad and Saleem Ahmed ISLAMABAD (Reuters) -Pakistan recalled its ambassador from Iran on Wednesday after Iran violated its airspace in a ‘blatant breach’ of its sovereignty, a Pakistani foreign ministry spokeswoman said, as the incident stoked tensions between the two Muslim neighbours. Pakistan said on Tuesday the airspace violation, which Iranian state media …
Pakistan recalls envoy from Iran after ‘unprovoked’ missile strikes Read More »
