CleanMax Solar signs MoU with Hitachi High-Tech

Energy solutions provider CleanMax Solar today said it has signed a memorandum of understanding (MoU) with Hitachi High-Technologies Corporation (Hitachi High-Tech) to jointly offer high-end rooftop solar solutions to Japanese companies across India. Under the partnership, CleanMax Solar and Hitachi...

Trai mandates no discrimination on tariffs to subscribers

Regulator Trai on Thursday directed telecom operators to stop providing discriminatory tariffs to the subscribers of the same category and report all plans to the sector watchdog within seven days of their launch. "...clause 10 of the Telecommunication Tariff Order,...

Manoj Sinha downplays job loss threat in telecom sector

Telecom minister Manoj Sinha has downplayed the threats of massive job losses in the telecom sector due to ongoing consolidation, asserting an upheaval in the industry is natural every time there’s a new entrant, but the dust settles in...

Govt to raise Rs 23.6 billion through bonds for renewable energy projects

The government on Wednesday approved raising of Rs 23.6 billion through bonds for renewable energy projects in the current fiscal. The bonds will be raised by the Ministry of New & Renewable Energy (MNRE) through the Indian Renewable Energy Development...

Keeping eye on impact of GST on telecom sector : Manoj Sinha

Telecom Minister Manoj Sinha today said he is monitoring developments in the sector on account of proposed increase in tax levy on operators under the GST regime, amid fears of hike in prices post July 1. The government has proposed...

Indiabulls Group enters LED lighting business

Indiabulls Group, which operates in real estate, infrastructure and housing finance, has entered the LED lighting business with plans to capture up to 3 per cent market share in the next one year. The company said its entry into the...

Hitachi enters Indian solar market with CleanMax Solar

Japanese electronics and instrumentation major Hitachi High-Technologies Corporation has announced its entry into the Indian solar market, in collaboration with Mumbai-headquartered CleanMax Solar India. The two companies will “jointly offer high-end rooftop solar solutions to Japanese companies across India.” According...

Strategic Partnership model for defence procurements comes into effect

NDA government's ambitious Strategic Partnership model for promoting Indian private industry participation in defence manufacturing has come into effect on Wednesday. According to The Hindu, Defence and Finance Minister Arun Jaitley told the media after the meeting that the cabinet took note...

New Jio tariff plans against TRAI norms, claims Vodafone

Telecom major Vodafone India on Tuesday claimed in the Delhi High Court that the two new tariff plans offered by Reliance Jio (RJIO) since last month were in violation of the TRAI's guidelines. RJIO's two new tariff plans were the 'Summer Surprise' offer, which...

Gartner says worldwide sales of smartphones grew 9 percent in first quarter of 2017

Global sales of smartphones to end users totaled 380 million units in the first quarter of 2017, a 9.1 percent increase over the first quarter of 2016, according to Gartner, Inc. Mobile phone buyers are spending more to get...

Bengaluru prime destination for IoT start-ups in India, study says

Bengaluru has emerged as the prime destination for IoT (Internet of Things) start-ups to set up base, as it accounts for 52 per cent of the total IoT start-ups in India, a study by management consulting firm Zinnov said. Bengaluru...

Apple in talks to expand iPhone production capacity in India, says Prasad

Apple wants to expand its contract manufacturer's facility in the tech hub of Bengaluru, a union minister said on Tuesday, as the iPhone maker seeks a bigger share in one of the world's biggest smartphone markets. According to Reuters, Ravi...

TCS launches smart software to cut LED power consumption

Tata Consultancy Services (TCS) on Monday unveiled an intelligent software that allows cities to derive greater value from the costly LED lighting by reducing the payback period to almost half. This would allow cities to invest in other smart...

GST may push up cost of solar power projects

The goods and services tax may increase solar energy project costs by 12 per cent-18 per cent and generation costs by 40-50 paise per unit, some industry leaders said, although the government said the new taxation regime won’t have...

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GST Council may clarify on tax rate for solar modules at 3 June meeting

The goods and services tax (GST) Council is likely to clarify on the tax rate applicable to solar modules at its next meeting in...

India needs to be a defence manufacturing hub : Arun Jaitley

Defence Minister Arun Jaitley on Sunday batted for making India a defence manufacturing hub, saying it is essential to deal with various security challenges...

HP India shifts focus from metro to small towns

Hewlett-Packard (HP) is shifting its focus from metro cities to small towns, hoping to capitalise on the Digital India wave. The US-based technology giant,...

Bankers warn government about possible defaults in telecom industry

India's top bankers have warned the government about defaults from the debt-bruised telecom sector.  The telecom sector is under a debt of Rs 8 lakh...

Samsung eyes larger pie in TV market

South Korean electronics behemoth Samsung is targeting a sizeable 35 percent market share in the Indian TV industry by the end of this year,...
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