Tae Kim -
Historically, large M&A hasn’t been Apple’s style. However, with its resources, the company can certainly take the risk to transform its business and expand its capabilities.
Alphabet, which owns the Google search engine, will pay Rs 5,250 crore for a stake in Airtel. Another Rs 2,000 crore will go toward multi-year plans that will include devices.
Both the ‘Royal’ prefix for the Navy and Air Force in India, as well as the absence of such a label for the Army, have their roots in British military and political history.
Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.