Apple, a popular iPhone creation worldwide, has reported that it has shown three billion units of this smartphone since the launch. The company’s Tim Cook said that since its launch about 18 years ago, Apple has recently achieved the achievement of three billion units of iPhone.

The company has a revenue of $ 94.4 billion (about Rs 8.22 lakh crore) in the third quarter of this year. This is an increase of about percentage compared to the same period of the previous year. The iPhone accounts for about 50 percent in this revenue. Apple completed its one billion units of its shipment in 2016 after the launch of the iPhone. However, the company did not say when the shipment figure of two billion units of the iPhone was achieved. It is estimated that it would take less than four years to reach the shipment of three billion units of the iPhone after this.

Apple received a profit of $ 23.42 billion (about 2.04 lakh rupees) in the third quarter. The company’s MAC and iPad have been at $ 8.05 billion (about 0.70 lakh crore rupees) and $ 6.58 billion (about 0.57 lakh crore rupees) respectively. The sales of iPhones are also increasing in India. Apple’s iPhone 16 has the highest shipment in the second quarter of this year in the country. The company is expected to ship around 28 million iPhone in India in the second quarter. This will increase by about 20 percent on a year-on-year basis. Despite the weak season in the country’s smartphone market and the scorching heat in many states, iPhone sales are likely to be strong.

The company’s sales in the country have also increased with discounts and financed options on iPhones. Apple opened two retail stores in India about two years ago. Apple plans to start new stores in the country soon. Earlier this year, Cook had said that the company plans to open four new stores in the country. The company’s current stores are in Delhi and Mumbai. Apple plans to open new stores in Sky City Mall in Borivili, Mumbai and Finix Mall of Asia in Bangalore.

Government telecom company Bharat Sanchar Nigam Limited (BSNL) is preparing to strengthen its 4G network. For this, the company can impose one lakh additional towers. Earlier this month, BSNL completed the work of setting up one lakh 4G towers across the country.

A media Report The Telecom Department (DOT) will soon sought approval from the Union Cabinet for the expansion of BSNL’s 4G services in BSNL’s 4G services. He said, “After installing one lakh towers with Swedashi Equipment, we will contact the Union Cabinet and Prime Minister Narendra Modi to seek the approval of an additional one lakh towers.” BSNL plans to increase equipment for 4G and 5G networks.

This government telecom company is also considering monetting its assets to increase cash flow. On the problems faced by BSNL’s 4G network, Pemmasani said that the company has used equipment made in the country and the problems faced in it will be corrected soon. BSNL has sought suggestions from public on the title for its 5G services. In the fourth quarter of the last financial year, BSNL recorded a net profit of about Rs 280 crore. This is the first time after 18 years when the company has acquired profit in two consecutive quarters. The company has helped to increase the revenue in the mobile segment with 4G service.

However, in the last financial year, this government telecom company has lost about Rs 2,247 crore. It is 58 percent less than the company’s loss of about Rs 5,370 crore in the last financial year. BSNL has done its highest capital experience in the last financial year. The company’s Ebitda margin has also increased. In the last financial year, the company’s operating revenue increased by about 7.8 percent to about Rs 20,841 crore. It was about Rs 19,330 crore in the last year. The company’s interconnect usage charge (IUC) has increased by six percent to about Rs 7,499 crore from the mobility services.

Infosys involved in large software companies have received relief from the pre-show cause notice related to the Rs 32,403 crore Goods and Services Tax (GST). The Director General of GST Intelligence (DGGI) has stopped the proceedings on this notice given to the company from FY 2018-19 to 2021-22.

Infosys has told the stock exchange in a filing that the matter has ended after getting information from DGGI. The company has said, “In the context of our communication in July and August last year, we are informing that the company has received information from DGGI to discontinue pre-show causes from FY 2018-19 to 2021-22.” The company has said that it received a pre-show cause notice from DGGI on the issue of non-payment of IGST for the period from July 2017 to March 2022 under reverse charge mechanism and Infosys responded to this notice.

The company said, “According to the pre-show causes notice for this period, the GST amount was Rs 32,403 crore. The company was informed about the closure of pre-show causes notice from DGGI in August last year. The matter has ended with the communication of June 6, with the communication of 6 June.”

In the fourth quarter of the previous financial year, Infosys profit has decreased by about 11.75 percent on a year-on-year basis. The company’s estimate of growth in revenue for the current financial year is also indicating increasing competition in this sector. Infosys has estimated up to three percent growth in revenue. However, the company’s margin guidance is estimated at 20-22 percent. In the fourth quarter of the last financial year, Infosys has acquired a profit of about Rs 7,033 crore. This is a decline of about 11.75 percent compared to the same period of the previous financial year. The company has increased by about 7.92 percent to Rs 40,925 crore on a year-by-year basis in the fourth quarter. The figure was Rs 37,923 crore in the same period of the previous financial year. The company had said that Mitsubishi Heavy Industries (MHI) has invested in the Joint Venture Hipus headed by Infosys. This has increased the company’s presence in Japan.

Electric vehicles (EV) market has increased rapidly over the years. One may soon apply for a new policy with the aim of bringing International Electric Vehicle Makers in India included in large automobile markets. In this policy, these companies will be offered less import duty on manufacturing EV in the country.

This policy was announced last year. It has been offered to reduce duty on imported electric vehicles up to $ 35,000 to 15 percent. However, to take advantage of import duty exemption, the EV company will have to invest a minimum of $ 500 million in setting up factory in the country within three years. In a report by Bloomberg News, it has been told by the sources who are aware of this that applications for this can be opened this month.

International EV companies like Billionaire Elon Musk’s Tesla are preparing to start business in India. However, Mask has expressed displeasure over more import duty on imported vehicles in the country. The competition of international EV companies in the country will also increase competition for Indian automobile companies. Tata Motors have the highest stake in EV market. However, the condition of financial eligibility for companies taking advantage of this policy has been made strict. In this, EV maker will have to get a minimum of Rs 50 billion revenue in the fourth year of his business. The company that does not meet this condition will have to repay up to three percent of the difference in revenue.

Vinfast of Vietnam has also confirmed the launch of its VF6 and VF7 in the country. Both these electric SUVs have been designed and developed in Viamam. These SUVs will be changed according to Indian conditions. Vinfast has reported that bookings for VF6 and VF7 will be started in June. The company’s factory is being set up in Tamil Nadu. The factory will start in the next few weeks and its initial annual capacity will be around 50,000 units. The company displayed its electric vehicles at the Bharat Mobility Global Expo held earlier this year. The company is trying to increase its sales in Asian countries rather than expansion in North America and Europe.

The difficulties have increased for Ola Electric included in large electric two-wheeler companies. The loss of the company has increased to about Rs 870 crore in the first quarter of this year. A huge discount on the company’s electric scooters is a major reason behind this.

Since bringing an Initial Public Offer (IPO) in August last year, Ola Electric has been facing challenges such as a decrease in sales, increasing regulatory pressure and tight competition from other electric two-wheeler companies. Ola Electric has reported that it is considering taking a loan of about Rs 1,700 crore to repay the current date. Electric two-wheelers have a major stake in sales, but in the last few months companies like Bajaj Auto and TVS Motor have dent its market share. Sales of electric scooters with Affordable Price of Bajaj Auto and TVS Motor have increased rapidly.

Revenue from Ola Electric operations in the first quarter declined by 61.8 percent to about Rs 611 crore. The total expenditure of the company is about 31.6 percent to more than Rs 130 crore. Market analysts have reported that the average revenue on the sale of the company per unit has decreased. This is the major reasons behind this offering discounts and more sales of electric scooters with low price. In the first quarter, Ola Electric’s vehicle registrations decline more than 52 percent to 56,760 units on a year-on-year basis. Electric scooters of the company’s entry-level have a stake of about 69.3 percent in the volume. The figure was 43.1 percent in the same period last year.

Last month, TVS Motor secured a leading position in the sales of electric two-wheelers. Ola Electric was second in this market. According to sales data on the vehicle portal, the sales of TVS Motor in April have the highest 19,736 units. Ola Electric has finished second with sales of 19,709 units. Bajaj Auto is third and Ather Energy has been ranked fourth. The new electric vehicle policy recently announced in Maharashtra can increase sales in this market.

Chinese electronics company Xiaomi has obtained a consolidated revenue of about Rs 1.31 lakh crore in the first quarter of the current year. This is an increase of 47.4 percent in revenue on year-on-year basis. For the first time, the company has achieved adjusted net profit of about Rs 12,680 crore. This is a growth of about 64.5 percent on a year-on-year basis.

Xiaomi has stated in a press release that all its business divisions have increased in the first quarter. The company has increased the focus on premium devices. It has also helped Xiaomi to increase margin. The company has stated that new products like Xiaomi 15 Ultra have received good response from customers. In Xiaomi’s January-March period, the international shipments of the smartphone have been around 4.18 crore units. This is the seventh consecutive quarter in which the company has recorded growth in smartphone shipments on a year-by-year basis. Revenue of the company’s smartphone division has increased by about 8.9 percent to about Rs 59,961 crore on a year-by-year basis. Xiaomi claims that it has upheld its position in the top three companies in smartphone shipments in the ninth quarter consecutive quarter.

In the first quarter, the average selling price (ASP) of Xiaomi’s smartphones increased to Rs 14,372. This is a record for the company. International shipments of Xiaomi’s tablet have increased by about 56.1 percent on a year-on-year basis. Along with this, the total number of users with five or more devices (except smartphones, tablets and laptops) connected to the company’s AIOT platform is about 1.93 crore.

Revenue of the company’s Internet-off-Things (IOT) and Smart Home devices increased by more than 58 percent to about Rs 38,276 crore on a year-on-year basis. Last year, Xiaomi entered the market of electric vehicle (EV). EVs of the company’s SU7 series have been of about 75,869 units. However, in this segment, it is getting a tough fight with other EV companies in China like Byd. The company has said that its air conditioner shipments have been more than 11 lakh units. This is an increase of about 65 percent on a year-on-year basis. Shipments of its refrigerator and washing machine have also increased.