Companies

India's App Store Economy Hits ₹44,447 Crore in Sales, 94% Earnings Go to Developers

Apple App Store impact in India: Rs 44,447 crore sales, 1 million jobs, 94% earnings to developers

A new study by IIM-A professor finds that India's App Store ecosystem facilitated Rs 44,447 crore in billings and sales in 2024, with developers retaining over 94% of earnings and achieving 755 million global downloads.

10 hours ago

Celebrating World Artisan Day: E-commerce empowering India's artisans

By blending traditional craftsmanship with digital innovation, e-commerce platforms like Flipkart are empowering India's artisans to scale nationally and sustain their legacy in the modern economy, writes Kapil Thirani in this op-ed. Read more.

9 days ago

ABBYY expands global AI footprint with new R&D hub in Bengaluru [Interview]

ABBYY's CEO, Ulf Persson, highlights the significance of its first-ever AI Research & Development (R&D) center in Bengaluru, emphasizing the company's commitment to innovation in an era of rapid AI advancements and India's role in it.

Mar 9, 2025

This is how OpenAI aims to fight deepfakes with 'Voice Engine' in election year

Elon Musk cannot buy OpenAI, even with $97.4 billion offer: Here's why

Sam Altman-run OpenAI on Saturday rejected billionaire Elon Musk's offer to buy the nonprofit company for $97.4 billion.

Feb 15, 2025

Apple Vision Pro; the best of both worlds?

Exclusive: Apple is fixing Vision Pro hairline crack on front glass for FREE [How to get yours repaired]

Apple is now offering free repairs for Vision Pro hairline cracks, allowing affected users to get their devices fixed at no cost through its official service program. Here's everything you need to know.

Feb 3, 2025

Apple iPhone 15 becomes best-selling smartphone globally in Q3 2024

Apple's India strategy is paying off; double-digit growth in 2024

Apple has seen significant growth in India in 2024, with a 23% increase in iPhone shipments and a 44% growth in iPad shipments. This is due to strategic planning and understanding of market dynamics,

Jan 30, 2025

Apple unveils Black Unity Collection celebrating Black History month

Apple has launched the Black Unity Collection to celebrate Black History Month, featuring a special-edition Apple Watch, matching watch face, and wallpapers. The collection, designed by Black creatives and allies at Apple, incorporates the colours of the Pan-African flag.

Jan 28, 2025

Flipkart's SCOA: Upskilling India's E-commerce Workforce

Skill, Train, Empower: Flipkart SCOA's role in transforming e-commerce careers

Flipkart's Supply Chain Operations Academy (SCOA) is upskilling India's workforce for the e-commerce sector. In 2024, SCOA trained over 3,000 candidates, including 600 women, with a 45-day hands-on experience program.

Dec 12, 2024

How CEO Kalyan Krishnamurthy balances e-commerce market with welfare and nation-building

Flipkart Driving E-commerce Revolution: The Krishnamurthy Effect

Flipkart is revolutionizing the e-commerce segment with plans that look at balancing both community-building and profitability. The company's CEO Kalyan Krishnamurthy is at the center of it all. Read more.

Jul 19, 2024

2024 Apple Design Awards: List of winners for their excellence in apps and games revealed

Apple has announced the winners of its annual Apple Design Awards, recognizing 14 outstanding apps and games for their excellence in design and technical achievement.

Jun 7, 2024

Flipkart's 'Big End of Season Sale' dates are in; go on shopping spree from June 1

Flipkart's 'Big End of Season Sale' dates are in; go on shopping spree June 1 onwards

In the run-up to Big EOSS, Flipkart has launched a star-studded marketing campaign featuring Allu Arjun and Alia Bhatt. This campaign has encouraged wishlisting of products by customers PAN India, building anticipation for the sale.

May 31, 2024

Samsung's new chip head aims to regain Global Market Leadership

In a significant development, Samsung's newly appointed semiconductor chief, Jun Young-Hyun, has pledged to restore the company's leadership in the global chip market.

May 30, 2024

SpiceJet denies KAL Airways' Rs 1,323 cr claim; labels it 'legally baseless'

SpiceJet on Tuesday refuted the claims made by KAL Airways and Kalanithi Maran regarding seeking damages of Rs 1,323 crore and said that these assertions were not only legally untenable but also regurgitation of previously rejected claims by the Arbitral Tribunal and then the Delhi High Court.

May 28, 2024

Flipkart's grocery business soars with 1.6X YoY growth with fresh produce and fast delivery

Flipkart has recorded 1.6X year-over-year growth. This achievement underscores Flipkart's commitment to providing a premier online shopping experience across India, offering a wide selection of daily essentials at competitive prices and convenience.

May 21, 2024

Apple Swift Student Challenge: Meet the winning coders changing the world family-fueled innovations

Apple Swift Student Challenge: Meet the winning coders changing the world with family-fueled innovations

Apple's annual WWDC student program inspires the next generation of developers, creators, and entrepreneurs. Meet the Swift Student Challenge winners, who've shared their family-inspired journeys.

May 2, 2024

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