Apple Sets $40 Bn Export Target For Made-In-India iPhones
The company aims to produce iPhones locally to benefit from India's PLI scheme. Under the incentive scheme, India aims to export mobile phones worth $100 Bn by 2025. Smartphone brands Oppo, Samsung and Vivo may also look to increase exports from India



Reliance Jio Added 6.55 Mn Users In January, Reveals TRAI Report
Reliance Jio currently owns 32.56% market share, followed by Vodafone Idea’s 28.45% share. Reliance became the largest telecom provider in November, surpassing Vodafone Idea. Meanwhile, it may raise investment from Saudi Arabia’s wealth fund



Uber loses $2.9B, offloads bike and scooter business
The ride-hailing giant said it is offloading Jump, its bike and scooter business, to Lime, a company in which it is investing $85 million.



Uber Reports $154 Mn In Pre-Tax Gains From Uber Eats India Sale To Zomato
Uber sold its food delivery business to Zomato back in January for $350 Mn. Uber also got 9.6% stake in foodtech unicorn Zomato in return. Zomato has become the largest players in the food delivery segment of India with this acquisition


COVID-19- Startup Strategies
Startups get creative as coronavirus crisis fuels funding crunch

"I started selling masks because that's all I could sell," Sarkar said. "I have salaries to pay."