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Volkswagen to Build 50 Million Electric Vehicles: CEO

Volkswagen is open to licensing its MEB platform for electric cars to third-party manufacturers German automaker Volkswagen is planning to make up to 50 million electric vehicles (EV) in the coming years. Herbert Diess, Chief Executive Officer of Volkswagen told...

IDC Records Highest Smartphone Shipment in India in Q3

According to IDC, Xiaomi emerged as the top brand with a 27.3 per cent market share and 11.7 million units shipped in the third quarter According to the latest data released by the International Data Corporation (IDC), India has...
Intel

Intel India Opens New Design Facility in Bengaluru

Intel says its new design facility will house technologists who work on cutting-edge engineering across hardware and software Expanding its R&D presence in India, chip maker Intel on Thursday inaugurated a new design facility in Bengaluru. Built with an investment...

TT Electronics, UniRoyal Launch Joint Venture For Precision Resistors

TT UR Precision Resistors brings together engineering expertise of TT Electronics and UniRoyal’s manufacturing excellence TT Electronics, a global provider of engineered electronics for performance critical applications, has announced a joint venture with resistor manufacturer UniRoyal to meet the growing...

DMG MORI Acquires 30 Percent Stake in INTECH

DMG MORI’s acquisition of INTECH is aimed at boosting the company’s global presence in the manufacturing sector Japan-based machine tools manufacturer, DMG MORI has announced that it has acquired a 30 per cent stake in INTECH, a software developer company for...

Mahindra Launches its First Electric Auto – Mahindra Treo

Mahindra, alongside Treo, has kickstarted India’s first electric manufacturing hub in Bengaluru with about Rs. 100 crores investment Mahindra Treo has debuted in India and is said to be the country’s first indigenously built electric three-wheeler. The electric vehicle claims to...

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...

5G Spectrum Prices Should be Affordable for Telecoms

After 5G India Forum Chairman expressed the need for affordable spectrum prices, Vodafone Idea says prices should be lowered for telecoms   5G spectrum prices should be affordable for telecom operators for effective usage and proper deployment among the public and...

Mouser Partners With SamacSys to Provide Free ECAD Models

Mouser will provide its customers free PCB footprints, schematic symbols, and 3D models for more than 1.1 million components Electronic component distributor Mouser Electronics, Inc.has reached a new partnership with SamacSys, a global leader in electronic component library solutions. Under the...

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...

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BlackBerry to Buy Cybersecurity Firm Cylance For US $1.4 Billion in Cash

California-based Cylance is a pioneer in applying artificial intelligence, algorithmic science, and machine learning to cybersecurity software BlackBerry Limited has entered into a definitive agreement...

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Apple Supplier AMS Cuts Revenue Forecast, Indicates Lower iPhone Sales

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Realme Plans to Expand in 7 Asian Countries with Fresh Logo and Smartphones

Realme says uppercase ‘R’ signifies the brand’s aspiration to provide quality products and the logo change is mainly to attract the younger generation Smartphone maker,...