Original equipment manufacturers (OEMs) heaved a sigh of relief after the government decided to delay the licensing mandate for the import of personal computers by nearly three months. With this, import restrictions are not expected to dampen PC (including laptops, desktops, notebooks, and workstations) shipments ahead of the upcoming festival season. The licensing… Continue reading Three-month relief in import curbs saves festival season for PC makers
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Hollywood saves India’s PVR Inox as Bollywood bombs at box office
BENGALURU (Reuters) – International cinema helped India’s biggest movie operator PVR Inox post a rise in first-quarter revenue as Hindi films failed to bring moviegoers to theatres. A struggling Hindi film industry, known as Bollywood, coupled with the popularity of streaming services, has made it difficult for traditional theatres to bring in more… Continue reading Hollywood saves India’s PVR Inox as Bollywood bombs at box office