Donald Trump’s dream to have Apple ‘Make in US’ may raise iPhone price to $3,000: Experts

A potential relocation of Apple’s manufacturing operations from India to the US would result in increased labour expenses. (AI image) US President Donald Trump’s dream to have Apple manufacture iPhones in America may end up pushing the smartphone’s price to thrice its current level! Market analysts indicate that manufacturing iPhones in the United States rather…

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Infosys staff gets bonus letters; most employees get just 50% payout, some receive 70%

Infosys reported an 11.7% year-on-year reduction in net profit to Rs 7,033 crore in the previous month. Infosys has distributed performance bonus letters to qualifying staff for the January-March (Q4FY2024-25) quarter on Thursday. A substantial portion of the workforce noted that the payout was considerably reduced compared to the previous quarter.Earlier this week, reports suggested…

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Women hold 17% C-suite roles, 1 in 3 junior positions: Survey

NEW DELHI: India’s C-suite gender gap is stark, highlighting a significant disparity in leadership roles, with women holding just 17% of C-suite roles and 20% of board positions at India Inc.What’s more concerning is the low recruitment of women into entry-level private sector jobs, said McKinsey’s ‘Women in the Workplace’ report focused on India.Though women…

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Apple to review India iPhone scale-up plans for US supply

NEW DELHI: With the US and China agreeing to a tariff truce, Apple is reviewing its aggressive plans to scale up in India. While the “regular expansion and China+1 production diversification plans will continue as envisaged”, sources said the iPhone strategy being drawn up exclusively for the US market will be “temporarily put under review”.“We…

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‘India is a competitive hub for smartphone manufacturing’: Commerce secretary shrugs off US President Donald Trump’s swipe at Apple’s India plans

NEW DELHI: After US President Donald Trump claimed he had advised Apple CEO Tim Cook against manufacturing in India, commerce secretary Sunil Barthwal on Thursday pushed back, saying that companies will decide based on where the advantage lies, and India, he emphasized, is now a competitive global hub for smartphone production.“Companies will see competitive advantage…

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