Friday, October 2, 2020

Smaller brands may be forced to import fully built mobile devices, after latest BCD levy

Smaller smartphone brands may resort to importing completely built devices instead of assembling in India, as the aggregate duty on components has become almost equal to that on a complete unit, a development which may hit the government's plans of expanding local manufacturing. https://ift.tt/3lahw2I https://ift.tt/eA8V8J

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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...