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The two tranches will be worth Rs 10,000 crore each on multi-security auction using multiple price method, the central bank said in a statement.

BS Web Team New Delhi
Apple poised to open its first online store in India next month
Apple Inc is poised to open an online store for the first time in the fast-growing smartphone market of India next month, according to a person with knowledge of the matter, taking advantage of a relaxation of once-strict prohibitions against foreign direct retail. The iPhone maker, which lobbied New Delhi for years to get around regulations that force companies such as Apple to source 30% of components locally, had originally planned to start online sales within months after the government relaxed the rule last year. Those plans were disrupted

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First Published: Aug 25 2020 | 4:37 PM IST

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