The government last month increased GST on smartphones to 18% from 12% earlier, while in the Budget it increased net import duty by 2% by withdrawing the exemption on social welfare surcharge which was earlier available on the basic custom duty on mobile phones.
“Cognizant and its U.S. and India-based foundations will provide critical resources to strengthen public health systems, education and workforce institutions, and the economic outlook of communities worldwide,” said the company in a press release.
IDC said while the major impact is expected to be on hardware business, the software and services businesses are also expected to slow down.
Lark is a platform for collaboration that brings together tools, including Messenger, Online Docs and Sheets, Cloud Storage, Calendar, and Video Conferencing. It is said to have combined elements of Slack, Dropbox, Google Docs and Skype.
India's contribution to global smartphone production had jumped to 16 per cent in 2019 from 9 per cent in 2016, as several handset makers cut down output in China or moved out due to the US-China trade war and received heavy incentives by the Indian government to beef up manufacturing in the country.
As governments across the world are financially helping their citizens to ward off the economic distress due to the coronavirus pandemic, India is among the countries better placed as it has the building blocks for successful rollout of digital transfer of payments, a report has said.
Faced with delays or cancellation of orders of essential items, customers have taken to social media to criticise Amazon India in the past one week, after India imposed a 21-day nationwide lockdown to counter the Covid-19 virus outbreak.from Technology News, Latest Gadget Reviews, Gaming & Tech Videos | Times of India https://ift.tt/o3b1NzK
