China increases VAT refund rates; India smells trouble

In the last quarter of 2018, China rewarded its domestic manufacturers with higher rebates on export value-added tax, a strategy to keep them ahead in their ongoing trade tussle with the United States. Given India’s already-high imports of Chinese...

Pragyan: A Thriving Platform for Expression of Science, Technology and Managerial Ventures

The Pragyan Hackathon, the annual coding and app development competition, was organised at Visteon headquarters in Chennai on 19th and 20th, January, 2019 Pragyan, NIT Trichy over the years has served as a thriving platform for the expression of science,...

SEMI Launches Initiative to Address Shortage of High-skilled Workers in Electronics Industry

Under the program, SEMI will establish scalable and sustainable education programmes to equip students and professionals with the skill sets the industry needs most. SEMI, the global industry association serving the electronics manufacturing supply chain, on Monday announced SEMI...

Samsung R&D Institute-Bangalore to Shift its Business Functions to New Office

An engineer of Samsung R&D Institute India-Bangalore has received the 2018 3rd Generation Partnership Project (3GPP) Excellence Award.   Samsung Research and Development Institute has picked up 4,00,000 sq ft of office space in Bagmane Goldstone, Bengaluru. The company is expected to...
Intel, Digital India

Intel Aquihires About 100 Engineers of Hyderabad-based Startup Ineda

Intel may also acquire the leased Ineda office in Kondapur which currently houses the engineering talent acquired. US-based chip giant Intel Corporation has acquired Hyderabad-based startup Ineda Systems, a low-key fabless semiconductor product company, for an undisclosed amount. Set up in...

EVI Plans to Invest Rs 100 Crore for 20,000 EV Charging Stations

EVI Technologies plans about 3,000 EV charging stations in Delhi, in partnership with BSES, at a cost of Rs 15,000-20,000 per charging station EVI Technologies Pvt Ltd, a Delhi-based electric vehicle charging infrastructure provider, is planning to set up 20,000...

BHEL to Set Up 129 MW Solar Power Plants in Telangana

The new plants are to be set up at four locations in Telangana – Ramagundam, Yellandu, Manuguru and Pegadapally  –  on EPC basis. State-owned power equipment maker Bharat Heavy Electricals Limited (BHEL) has won an order for setting up...

UltraTech, Amplus Energy Join Hands to Boost Solar Energy Capacity

Amplus Sunshine will set up a 15MW captive solar plant at one of UltraTech’s Cement’s plants for an investment of around US$10m. UltraTech Cement has created a joint venture with renewable energy company Amplus Energy to expand its solar...

By Acquiring Maxwell, Tesla Aims to Give its Batteries a Boost

Maxwell Technologies mainly focuses on ultracapacitors. The merger is expected to close in the second quarter of 2019. Recently Tesla,the electric carmaker has acquired Maxwell Technologies,a US-based energy storage company based in the USA in an all-stock deal valued at...

Tesla Acquires Maxwell Technologies, But Huge Innovation Gap Remains

Tesla CEO Elon Musk is underestimating the “R&D hell” to get to higher energy density ultracapacitors, says Taavi Madiberk of Skeleton Technologies.  With Tesla acquiring ultra-capacitor manufacturer Maxwell Technologies, the global attention is now focused on one of the world's most...

RP tech India Acquires ZNet Technologies, Enters into Cloud Business

With this partnership, RP tech India will now offer cutting edge Cloud services and solutions to potential SMB and enterprise customers in India.  Recently RP tech India,a division of Rashi Peripherals Pvt Ltd, has announced the acquisition of ZNet...

IIM Bangalore, IIT SJMSOM, and XLRI Jamshedpur Win Infinity Hackathon

Over 100 disruptive technology models emerge at the Larsen & Toubro Infotech’s Infinity business consulting hackathon IIM Bangalore, IIT SJMSOM, and XLRI Jamshedpur were declared the top three winners of Infinity – a unique hackathon for MBA students organised by...

Tata Motors Partners with Capgemini India to Deploy Tigor EVs in 3 Cities

Tata Motors has collaborated with Karthik Travels in order to manage a seamless induction of Tigor EV fleet into the transport ecosystem of Capgemini One of the top automobile manufacturers in India,Tata Motors has recently announced its partnership with professional...

India’s Distributed Solar Power Market to Reach Rs 10,000 crore by 2023

In the first half of 2018, India represented more than 30 per cent of the overall global distributed standalone solar products sales The latest study by GOGLA-a global association of off-grid solar power industry has showed that distributed solar power products market,...

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Recent Posts

Production of 200mm Wafers will Reach 700,000 from 2019 to 2022: SEMI

The strong growth in 200mm wafer production reflects the sound capacity demand across several industry segments, SEMI reports On the back of strong global demand...

$50-60 Billion Required By Telecom Sector To Achieve Policy Goals

There have been various litigations on the AGR while over Rs 25,000 crore is lying with the government on account of GST for which...

Xiaomi To Open Its 7th Manufacturing Plant In India

The new plants of Xiaomi are spread across four campuses in partnership with Foxconn, Flex and Hipad. Xiaomi,the China-based smartphone manufacturer has recently announced a new manufacturing plant in...

Hyundai, Kia To Build India-Specific Electric Cars

Hyundai has not specified a timeline for the launch of its electric car for Ola. Hyundai and Kia have announced a big investment in Ola and a part...

ADB To Invest $50 Million In Solar Project Developer Avaada

The project will contribute to increase the share of renewable energy generation capacity from about 20 per cent in 2018 to 40 per cent...