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    Shouldn't be forced to participate in 'unconstitutional penalty regime' before CCI: Apple to HC
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January 22, 2026
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Apple challenges penalty regime allowing fines based on global turnover as unconstitutional and seeks relief to avoid pre-deposit requirement.
Apple challenges an amended penalty framework allowing the Competition Commission to calculate fines using an enterprise's global turnover aggregated across all products and territories, arguing this produces manifestly arbitrary and grossly disproportionate penalties and is ultra vires Article 14 and Article 21. It contends that being forced to undergo enforcement and only later seek appellate review after making significant pre-deposits would effectuate irreversible constitutional harm, and it also challenges broad disclosure directions for audited financial statements.
January 22, 2026
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Unitech projects: authorities must grant permissions and comply with orders so assets can be monetised to complete housing units.
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January 22, 2026
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Mark Rutte persuades Trump to drop Greenland ownership demand and agree a framework on Arctic security.
Mark Rutte persuaded US President Donald Trump in Davos to abandon claims of outright territorial ownership of Greenland and to drop threatened punitive tariffs, agreeing instead on a framework for future cooperation on Arctic security achieved through personalised diplomacy and alliance cohesion rather than formal legal instruments.
January 22, 2026
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Karnataka investments: RPSG to invest Rs 10,500 crore; InoxGFL plans wind tower unit, and state to facilitate projects.
The state government will facilitate and support large-scale private investments to strengthen renewable energy and industrial ecosystems; RPSG will invest Rs 10,500 crore in Vijayapura and Ballari, InoxGFL plans a large wind tower facility, proposals include CETPs and a Pharma Park, and the delegation pursued foreign collaboration and sectoral investment promotion to attract firms and scale training and industrial infrastructure.
January 22, 2026
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India's economic posture: open to global partnerships while limiting foreign currency debt to strengthen resilience.
India promotes broad international partnerships across key industries while advancing a fiscal policy that keeps aggregate debt below many advanced-economy levels and prioritizes a rupee-dominated debt portfolio. The government frames state participation under cooperative and competitive federalism and pursues a deliberate de risking strategy by limiting dollar borrowing to enhance macroeconomic resilience.
January 22, 2026
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Illegal gold mining crackdown in the Amazon leads to nearly 200 arrests and major seizures of gold and mercury.
A multinational Interpol-backed operation targeting illegal gold mining in Amazon border regions resulted in nearly 200 arrests and seizures of unprocessed gold, large cash sums, cylinders of mercury concealed in goods, firearms, mining equipment and counterfeit commodities, while uncovering alleged organised-smuggling, money-laundering links and suspected exploitation of migrants and minors.
January 22, 2026
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January 22, 2026
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January 22, 2026
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Aptronix accepts any 10 devices, dead or alive, for Apple upgrades with EPR compliant recycling and tree planting.
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E waste and recycling sectors losing billions due to inefficient scrap management and limited formal processing capacity.
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January 22, 2026
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January 22, 2026
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January 22, 2026
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MGNREGA repeal alleged to remove the 100-day employment guarantee and exclude workers via Aadhaar and digital rules.
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Marvel Tea unveils new packaging to boost shelf visibility, curb duplication, and reinforce quality and brand authenticity.
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Fairmont Mumbai marks first anniversary, highlighting luxury amenities, awards, and India's first hotel longevity spa.
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Indian leisure travel shifted to slower, experience led multi day trips prioritising comfort, predictability and personalised itineraries.
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January 22, 2026
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Online dispute resolution platforms will integrate AI legal research tools to assist arbitrators and mediators in complex commercial matters.
jhana will supply its AI legal research and document-analysis platform to dispute resolution professionals on CADRE ODR, initially targeting securities-market and selected corporate commercial matters under a SMART ODR framework. The integration includes onboarding, training, technical support, and iterative refinement based on user feedback to assist arbitrators, mediators, and conciliators in analysing complex legal materials and improving the efficiency of online arbitration and mediation.

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Aptronix Rewrites India's Retail Playbook: Launches Nation's Most Ambitious Device Exchange Revolution with Zero Sales Agenda

January 22, 2026

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In a landmark sustainability move, Apple Premium Partner accepts ANY 10 devices, dead or alive, to combat India's 3.2 million tonnes annual e-waste crisis New Delhi [India], January 22: In what industry experts are calling India's most disruptive retail intervention of the decade, Aptronix, India's largest Apple Premium Partner, has shattered every conventional exchange barrier with the launch of 'Limitless Aptronix Exchange powered by Servify, a groundbreaking program that prioritises planetary health over profit margins.

Breaking away from sales-driven exchange schemes that plague Indian retail, Aptronix's initiative accepts up to 10 electronic devices of ANY brand, ANY condition, and ANY category, including completely non-functional gadgets and household electronics, offering their combined value toward Apple product upgrades. More significantly, devices with zero resale value aren't just accepted, they're celebrated through tree plantation and reward vouchers, transforming e-waste liabilities into environmental assets.

The Sustainability-First Model That Changes Everything Unlike traditional exchange programs designed to accelerate sales cycles, Aptronix has engineered a reverse model where environmental impact drives commercial activity, not the other way around. Powered by technology partner Servify, India's leading device lifecycle management platform, and recycling partner Karo Sambhav, a government-recognised Producer Responsibility Organisation, the initiative creates a closed-loop ecosystem that has never existed in Indian retail.

The program sets unprecedented targets: 500,000+ devices diverted from landfills in Year 1 alone, with an industry-leading acceptance rate of 10 devices per transaction. The initiative maintains a zero rejection policy, guaranteeing 100% device acceptance regardless of condition. For every dead or non-functional device collected, one tree will be planted through verified plantation partners. The environmental mathematics are staggering: the program expects to prevent 2,500+ tonnes of e-waste from improper disposal annually, with a carbon offset potential of 15,000+ tonnes CO₂ equivalent over five years. Customers contributing to responsible disposal will collectively receive an estimated ₹5 crore+ in rewards during the first year alone.

Technology Meets Purpose: The Servify-Karo Sambhav Alliance Servify brings its AI-powered device diagnostics and valuation technology to ensure instant, transparent pricing even for devices in poor condition. Their proprietary platform processes device health assessment in under 90 seconds, creating friction-free customer experiences while maintaining rigorous environmental documentation. This technological backbone transforms what could be a cumbersome multi-device evaluation process into a seamless experience that respects customers' time while maintaining absolute transparency.

Karo Sambhav, managing over 65% of India's formal e-waste recycling infrastructure, ensures every collected device follows government-mandated Extended Producer Responsibility (EPR) protocols, with complete traceability from collection to certified recycling facilities across 28 states. This partnership guarantees that environmental promises translate into verified environmental action, with full documentation and compliance at every step of the recycling journey.

Leadership Voices: Redefining Retail Responsibility The initiative was unveiled at a landmark press conference at Le Méridien, Connaught Place, New Delhi, attended by sustainability advocates, technology leaders, and environmental policymakers.

Ms. Meghna Singh, CEO, Aptronix, articulated the vision behind this paradigm shift: "We're declaring war on the toxic narrative that retail must choose between profitability and planetary survival. Limitless Aptronix Exchange, powered by Servify, proves that India's consumers are ready to embrace technology upgrades without environmental guilt. By accepting dead devices others reject, we're not just preventing 500,000 gadgets from rotting in landfills; we're igniting a national conversation about conscious consumption. This isn't corporate social responsibility theatre; this is business model transformation. When customers see us plant trees for their broken phones and reward them for doing the right thing, we're encoding sustainability into their upgrade DNA. That behavioral shift will outlive any quarterly sales target." Mr. Sreevathsa Prabhakar, Founder & CEO, Servify, emphasised the technological backbone enabling this vision: "Limitless Aptronix Exchange, powered by Servify, represents the convergence of India's digital infrastructure maturity with its urgent sustainability imperative. Our AI-driven platform doesn't just evaluate devices; it democratizes access to premium technology by finding value where traditional systems see waste. We've engineered transparency into every transaction: customers know exactly what their old devices are worth in 2 minutes, and they know exactly where those devices go afterwards. In partnership with Aptronix and Karo Sambhav, we are not just managing device lifecycles; we are architecting India's first truly circular electronics economy at retail scale. The data insights we are generating will fundamentally reshape how the industry thinks about device residual value and environmental accountability." How Limitless Aptronix Exchange Powered by Servify Works For functional devices, customers can bring up to 10 electronic devices, including smartphones, tablets, laptops, smartwatches, and household electronics from any brand. These devices receive instant AI-powered valuation via Servify technology, with the combined value credited toward any Apple product purchase. The devices then enter certified refurbishment or responsible recycling streams, ensuring maximum lifecycle value extraction.

For dead or non-functional devices, the program maintains complete acceptance with no device rejected. Each dead device triggers the planting of one tree on the customer's behalf through verified plantation partners, while customers receive gift vouchers as sustainability rewards. All devices undergo 100% EPR-compliant recycling through the Karo Sambhav network, and customers receive a digital certificate documenting their environmental contribution.

Why This Matters Now India generates 3.2 million tonnes of e-waste annually, ranking third globally, yet recycles less than 10% through formal channels. With smartphone penetration crossing 60% and upgrade cycles shortening to 18-24 months, the nation faces an impending environmental crisis that conventional retail actively accelerates.

Aptronix's model directly addresses the "drawer problem", an estimated 140 million unused devices sitting idle in Indian homes, by eliminating every barrier to responsible disposal while creating positive economic incentive structures. The program recognises that environmental action shouldn't require sacrifice; instead, it should be rewarded, celebrated, and made as frictionless as possible.

The Anti-Sales Sales Initiative In perhaps the program's most radical departure from industry norms, Aptronix has publicly committed that Limitless Aptronix Exchange, powered by Servify success metrics, will prioritise environmental KPIs over revenue targets. The company will measure success through e-waste diverted in tonnes, trees planted in absolute numbers, customer participation rate as a percentage of transactions, recycling compliance scores validated by Karo Sambhav certification, and carbon offset achieved in tonnes of CO₂ equivalent.

Revenue impact, while positive, will be reported as a secondary outcome, fundamentally inverting the typical retail reporting hierarchy. This represents a profound statement about the company's values and a challenge to the industry at large: sustainability cannot be a marketing afterthought or a CSR checkbox. It must be the primary lens through which business success is evaluated.

A New Chapter for Indian Retail With Limitless Aptronix Exchange powered by Servify, India's largest Apple Premium Partner, isn't just launching a program, it's challenging the entire consumer electronics industry to rethink the relationship between commerce and consequence. The initiative demonstrates that sustainability at scale requires more than good intentions; it demands infrastructure, technology partnerships, radical transparency, and a willingness to prioritise long-term planetary health over short-term commercial metrics.

As India races toward its 2070 net-zero commitments, initiatives like this demonstrate that sustainable retail isn't about sacrifice; it's about reimagining value itself. When dead devices become trees, when e-waste becomes rewards, and when upgrade transactions become environmental contributions, retail transforms from extraction to regeneration.

(Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR

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