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Vivo India in Money Laundering Scandal: ED Filed Charge Sheet Against Lava Founder Among Accused

In the wake of cracking down on financial irregularities, the Enforcement Directorate (ED) recently filed its first charge sheet related to a money laundering investigation involving Vivo India and four tech executives. This move follows allegations that shell companies...

Ban on iPhones: Can Apple Thrive Without China’s Smartphone Market?

In the global smartphone market, where all major OEMs have been grappling with sluggish shipment growth over the last few quarters, Apple Inc. (NASDAQ: AAPL) is now wrestling with a much bigger problem, and it is none other than...

The Rise of Foldable Smartphones Amidst the Fierce Battle in China and Beyond: 64% YoY Growth in Q1 2023

A few decades ago, nobody could have imagined that smartphones in the future would not only simplify our daily tasks with astonishing built-in features, but also mesmerise us with their stunning designs. But, the age of foldable smartphones has...

Happy Birthday Ma Huateng: The Man Who Owns Facebook, WhatsApp Of China

The winning horse of the Chinese internet market and one among the Chinese billionaires, though not started anything unique and innovative but executed them in China like ever before. Ma Huateng nicknamed Pony Ma established a local internet empire Tencent Holdings...

Apple iPhone 14 will jeopardize China’s position as factory to the world

India's push to establish itself as a promising alternative to China as a global manufacturing hub and Apple's need to deep penetrate the Indian market will eventually make customers emerge as the ultimate winners. Barely two months after the initial...

ED raids Vivo India for illegally remitting Rs 62,476 crore to China, seizes Rs 465 crore, 119 bank accounts

Vivo's Indian subsidiary is accused of remitting almost 50% of its turnover, amounting to Rs 62,476 crore, to parent entities in China between 2017 and 2021 in a bid to avoid paying taxes in India, according to ED, the...

The Crypto Crash is attracting the eyeballs of internet users, including in China where crypto trading is banned

When China outlawed cryptocurrency trading, many were left stunned, rather shocked, as they never believed that a country so committed and eager to establish an alternate currency of US Dollars could take such a drastic step. However, the people...

China Declares War On Cryptocurrencies: Right Time To Buy Bitcoin?

The global cryptocurrency market is showing no sign of stabilisation as it's getting stuck in problems one after another. The latest move by China could prove fatal for cryptocurrencies, especially Bitcoin. China has instructed a company to seize all its...

Retail Ecommerce Sales in India: The Fastest Growing Market With 27% Growth Rate in 2021

The retail eCommerce market in India is growing at commendable pace. The exploded smartphone adoption and deep penetration of high-speed mobile internet connectivity have emerged as the catalyst for the retail e-commerce boom in the country. According to the latest...

Apple App Store Sales And Billings 2020: $643 Billion Led By China

The latest Apple App Store sales and billing figures once again proved that China is the most important market for Apple and why despite the ongoing US-China trade war Apple can not afford to let go of it. According to...
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Paytm App Downloads and User Engagement Take a Nosedive Post RBI Measures

The regulatory measures imposed on Paytm Payments Bank by the Reserve Bank of India (RBI) have had a direct...
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