Indian IT Budgets to Increase by 3.9% in 2019: Gartner

Disruptive emerging technologies are going to play a crucial role in reshaping business models as these can transform the economics of all the organisations Indian IT budgets are likely to increase by 3.9 per cent in 2019, witnessing a decline...

Lavelle Networks Forms Alliance with Cloudtexo to Expand in European Market

The association with Cloudtexo will support Lavelle Networks in meeting the demand from clients for their software as a service (SaaS) applications and requirements of cloud services As part of its plan to enhance its presence in European market, Indian...

India’s IT Spending to Grow by 6.7% in 2019 to $89 Bn: Gartner

Increasing spending on three segments - devices, enterprise software and IT services - likely to give major boost to IT spending levels in India in 2019  Information technology(IT) spending in India is projected to reach $89.2 billion in 2019, an...

RenewSys Plans to Invest $25 Million, Expand Capacity to 1 GW

RenewSys will increase the solar panel capacity of its Hyderabad facility from 300 MW to 700 MW by December end of this year and after that to 1 GW by next year end RenewSys, the renewable energy arm of Enpee...

Global Solar PV Power Generation to Reach 600 GW by 2023

China continue to dominate in the absolute solar PV, accounting for nearly 40 per cent of the world’s installed PV capacity in 2023 The overall capacity of solar photo voltaic (PV) power generation worldwide is estimated to reach nearly 600 gigawatt (GW)...

Global Spending on RPA Software to Reach $680 Mn in 2018: Gartner

It is estimated that 60 per cent of the organisations having revenues of over $1 billion will deploy RPA tools by this year end Spending on robotic process automation (RPA) software globally is projected to reach US$ 680 million in...

Everlight Introduces Smart Automotive and Infrared Products

The combination of smart control, CCD, control module, fisheye lens and guide prism in special arrangement make the headlamp more accurate on lighting and identification Everlight Electronics Co Ltd, a global leader in LED and optoelectronics, has introduced a latest...

Infineon Acquires Siltectra In 124 Million Euro Deal

Siltectra’s Cold Split technology will be used by Infineon to split silicon carbide (SiC) wafers, which helps in doubling the number of chips out of one wafer Infineon Technologies AG, a world leader in semiconductor solutions, has acquired start-up Siltectra...

Nokia Signs 2 Bn Euro Worth of Agreements with 3 Chinese Operators

As per agreements, Finnish multinational will deploy services and technologies to enhance the performance in mobile and fixed broadband networks across China Finnish telecommunication and consumer electronics company Nokia has entered into three different frame agreements with China Mobile, China...

Apple Halts Additional Production of Lower-Cost iPhone XR

Apple is asking for more of the older models - iPhone 8 and iPhone 8 Plus that are around 20% cheaper compared to the XR model’s introductory price of $749 American tech giant Apple Inc has asked its Taiwan-based phone assemblers...

Chinese Consumer Appliances Maker Midea to Invest Rs 1350 cr in Tech Park

Midea will manufacture commercial and residential air conditioners, washing machines, refrigerators, compressors and other electronic items, at the manufacturing unit Midea Group, China-based consumer appliances manufacturer, said that the company will be investing Rs 1,350 crore to set up a...

Smartphone Shipments Decline 3% in Q3, Reaches 386.8 Million

The top 10 smartphone players control 79 per cent of the market leaving more than 600 brands to compete for the rest 21 per cent of the market Global shipments of smartphone dropped 3% year-on-year to 386.8 million units in...

Tesla Plans ‘Partial Presence’ in Indian Market by 2019

The company is looking to establish ‘partial presence’ in India, South America and Africa, by next year end and to expand it further in 2020 American electric cars manufacturer, Tesla Inc, is planning to expand its overall market beyond the...

Argus Plans to Fully Acquire Consumer Electronics Start Up Tejovat Technologies

Argus plans to raise enough funds for acquiring control of all the shares of Tejovat that remain issued and outstanding as per the Purchase Agreement Argus Worldwide Corp, a global portfolio management company, reported on Friday that it is going...

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Recent Posts

Solar PV Module Prices Drop 99.5 per cent from 1975 to 2016: Report

The policies supported in driving innovation in solar PV technology, which in turn, resulted in deployment of solar PV at a CAGR of 38...

LED Expo 2018 Showcases Key Developments in LED Lighting Sector

The latest edition of LED Expo showcased lighting solutions from countries like China, Finland, Japan, Hong Kong, Italy, Korea and Taiwan India’s most prominent trade...

NABARD Signs Agreement to Fund Rooftop Solar Projects in India

NABARD will support rooftop solar power in India with the Green Climate Fund of $100 million to fight the challenges of climate change  The National Bank for...

Hero Future to Buy Solar Plants of Waaree in ₹500 Crore Deal?

If the sale of the solar plants goes through, the existing alliance between Waaree and Neepco may come to an end New Delhi-based Hero...

Kia Ready to Launch EVs in India Even Without Clear Policy

In case, the government of India formulates a policy in a short time, Kia Motors can launch a car which can meet the rules...