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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...

ENGIE Acquires 90 per cent Stake in Simpa Energy

ENGIE has been gradually investing in India’s renewable sector over the past few months and Simpa Energy turns out as its third major investment area Global independent power producer, ENGIE has acquired about 90 per cent stake in Simpa Energy,...

Tata Power Solar Launches Residential Rooftop Solution in Bhubaneswar

Tata Power Solar brings rooftop solution to Bhubaneswar after successful launch in Delhi, Mumbai and Ajmer; expecting annual saving upto Rs 50K for 25 years India's largest solar energy company Tata Power Solar, on Wednesday, launched a complete residential rooftop...

Samsung says India an Important and Growing Market

Samsung considers India as one of its most important and emerging markets for smartphones business and it plans to keep up its position in the future Samsung considers India as a growing market for its smartphone business. The mobile maker...

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...

Xilinx Eyes Business Expansion in India with its Technology Solutions

Xilinx is targeting to increase its business by 20 per cent and a revenue generation of $3 billion by March 2019 with its new launch US-based technology solutions provider, Xilinx is planning to grow in India with its new computing...

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...

RFMW Inks Distribution Agreement with GPS Component Maker Rakon

Auckland-based Rakon Limited offers high-performance crystal oscillators, OCXOs, OCSOs, TCXOs, VCXOs, XOs and crystal resonators  Specialty electronics distribution company RFMW Ltd. has inked a distribution agreement with Auckland-based GPS crystal and component manufacturer Rakon Limited. Under the agreement which becomes effective November...

BSNL Seeks Approval to Set Up Indian Avionics Network (IAN) for IFC

BSNL has partnered with Inmarsat to set up the Indian Avionics Network and tap into the business opportunity of in-flight connectivity services in the Indian airspace Bharat Sanchar Nigam Limited (BSNL) has sought approval from the government to establish the Indian...

Global Solar PV Power Generation to Reach 600 GW by 2023

The second-biggest growth market for solar PV would remain the US, followed by India, whose solar PV capacity to increase by four times The overall capacity of solar photo voltaic (PV) power generation worldwide is estimated to reach nearly 600 gigawatt (GW)...

Mphasis Acquires DevOps Automation Services Specialist Stelligent

Mphasis Stelligent will boost Mphasis’ capabilities in DevOps and Containerization and enhance its existing managed services capabilities Mphasis, an Information Technology (IT) solutions provider specializing in cloud and cognitive services, has acquired StelligentSystemsLLC, a technology services company specializing in DevOps...

Bridge to India Reports 44 per cent Drop in India’s Solar Capacity Addition

According to Bridge to India, low tariffs, policy execution and lack of coordination between agencies have resulted in the fall of solar capacity addition Bridge to India, a consultancy firm, has reported a 44 per cent fall in India’s solar...

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...

KPMG Enters Partnership With Blockchain In Transport Alliance

KPMG will help BiTA develop blockchain standards for transportation industry. This standards will determine blockchain's use in freight for years to come KPMG LLP is entering into a partnership with the Blockchain in Transport Alliance (BiTA) to help develop blockchain...

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Haier Experience Center Opened in Delhi, Aims to be One Stop Shop

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DMG MORI Acquires 30 Percent Stake in INTECH

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Mahindra Launches its First Electric Auto – Mahindra Treo

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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...