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Cyient To Take Full Control Of Electronics System Design Unit

Cyient will pay Rs 42.5 crore to buy out the balance stake from the NR Group and take full control of the unit. Listed engineering and software services company Cyient Ltd has signed a definitive agreement to acquire the 26%...

Adani Seeks to Purchase 700 MW of Solar Power

Adani will enter into power purchase agreement (PPA) with the selected bidders for a period of 25 years from the commercial operation date of the project. Adani Electricity Mumbai Limited has issued a Request for Selection (RfS) for the purchase...

Industrial Automation & AI to Transform India into a $1 Trillion Mfg Economy by...

Rockwell Automation to take the lead in developing industry 4.0 ecosystem allowing Indian manufacturers to collaborate and compete globally. Industry leaders gathered at India’s largest industrial automation event ‘Rockwell Automation on the Move’ 2019 (RAOTM) conference emphasized on the need...

STPI, IESA & IIIT-B Join Hands To Establish Second ESDM Incubator

The new incubator will be housed at STPI Bhubaneshwar to nurture start-ups and help them scale up by providing access to funds, market and mentors. India Electronics and Semiconductor Association (IESA), the premier industry body representing the Indian electronic system design...

Tata Power Seeks To Tap Delhi EV Charging Space

Tata Power Co. is seeking to set up electric vehicle chargers in the Indian capital as power demand slows down. Tata Power Delhi Distribution Ltd., which supplies electricity to 1.64 million consumers in Delhi, has written to the local government saying it...

IBM In Talks With Indian Telcos & Enterprises For 5G

US software major IBM said that Indian enterprises need to evaluate their network infrastructure to be ready for the fifth generation or 5G technology. IBM has already started discussions with Indian companies, along with Indian telecom service providers to help them define their 5G...

Rs 1,000 Cr Business & 1 Million Jobs From Startups In 5 Years: IESA

IESA is working on a curriculum for colleges to teach them how to convert an idea into a product. IESA expects to promote 100 startups to help them create 1,000 intellectual property rights (IPRs) and generate business worth Rs 1,000 crore...

Soon Anti-Dumping Duty On Tempered Solar Glass Imported From Malaysia

DGTR recommends levy of anti-dumping duty of $114.58/metric ton for a period of five years. The Directorate General of Trade Remedies (DGTR) has issued its final findings for the anti-dumping duty investigation concerning the import of textured tempered coated and...

Tata Power Solar Launches Residential Rooftop Solution in Gandhinagar

The latest residential rooftop solutions will further reinforce Tata Power Solar’s position in the solar rooftop segment Tata Power Solar, largest solar energy company in India and a wholly-owned subsidiary of Tata Power, launched a complete residential solar rooftop solution...

AI, Big Data To Be Tapped For Defence Forces: Army Chief

It is time for India to focus on Artificial Intelligence and Big Data Analytics rather than just keeping it confined to mere definitions.  Army Chief General Bipin Rawat stressed the need to focus on incorporating Artificial Intelligence (AI) and big data...

Vikram Solar Commissions 20 MW Solar Projects for WBSEDCL

The plants are located at Patni, near Kharagpur and at Lalgarh, near Midnapore, West Bengal. Vikram Solar, one of India’s leading module manufacturer and a prominent EPC solutions and rooftop solar provider, commissioned two 10 MW solar projects for West Bengal State Electricity...

TN Defence Industrial Corridor connecting 5 cities inaugurated

The corridor is expected to attract investments worth Rs 3,123 crore. The second Defence Industrial Corridor connecting Chennai, Hosur, Salem, Coimbatore and Tiruchirappalli was inaugurated on Sunday by Defence Minister Nirmala Sitharaman. As per the Ministry of Defence, the corridor is...

Samsung To Slow Down Manufacturing Pace In India

Samsung Electronics has informed the government that it will reduce mobile phone manufacturing in India. Samsung Electronics is likely to stop local production of flagship models - Galaxy S9 and Note 9 - and curtail exports of smartphones unless it...

PM Inaugurates L&T’s Defence Manufacturing Unit in Surat

Prime Minister Narendra Modi on Saturday inaugurated the country’s first armored system complex (ASC), built by a private company at Hazira in Surat. Larsen & Toubro (L&T) will soon start manufacturing the K9 Vajra Self Propelled Howitzer guns at the complex.   The company...

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