Government Restricts Laptop, Tablet and PC Imports With Immediate Effect in Bid to Push Local Manufacturing

Government Restricts Laptop, Tablet and PC Imports With Immediate Effect in Bid to Push Local Manufacturing

ByNews Polite

The government has restricted imports of laptops, tablets, and personal computers with immediate effect, according to a government notice on Thursday, in a bid to push local manufacturing. “Their import would be allowed against a valid license for restricted imports,” the notice said. In April-June, electronics imports, which include laptops,…

Dell Posts 11 Percent Revenue Fall in Q4 2022 Days After Cutting Over 6,000 Jobs

Dell Posts 11 Percent Revenue Fall in Q4 2022 Days After Cutting Over 6,000 Jobs

ByNews Polite

Dell Technologies posted a smaller-than-expected fall in quarterly revenue on Thursday, as demand for servers and network equipment from large businesses helped cushion sluggish PC sales. Total revenue fell 11 percent to $25.04 billion (roughly Rs. 20,500 crore) in the fourth quarter that ended February 3, but came above a Refinitiv consensus estimate…