Telecom Sector in India to Adopt 5G by 2022: TRAI

The government is yet to announce a specific time for the 5G spectrum auction. However, it is optimistic on deployment of 5G in the country The telecommunication sector in India will shift to the nex-gen 5G network by 2022, S K Gupta, Secretary, Telecom Regulatory...

World AI Show Made Its Mark as The Biggest AI Show Series For Its...

World AI Show, a two-day event, saw a series of knowledge-packed sessions that centred on prospects for AI and ML implementation in Mauritius The much-awaited World AI Show organised by the Ministry of Technology, Communication and Innovation (MTCI), Mauritius in...

HCL Technologies to Acquire Select IBM Software Products

The deal involves products that are in large growing market fields such as security, commerce and marketing, which are strategic sectors for HCL Technologies HCL Technologies, Indian multinational technology company, has announced that it is acquiring select software products of American...

Battery Makers to Set Up Manufacturing Facilities in India

Battery makers are eyeing to expand their business of Lithium-ion batteries and cater to a secondary market of e-rickshaws running on lead-acid batteries According to Sohinder Gill, Director General, Society of Manufacturers of Electric Vehicles (SMEV), more than a dozen companies...

Heavy Industries Ministry Proposes to Cut Import Duty on EV Parts

Heavy Industries Ministry has proposed a revised tax structure on EV parts and  a lower SKD and CKD rate to boost EV production in India The Heavy Industries Ministry, led by Anant Geete, has proposed to the Department of Revenue...

AI to Impact Mainly Automotive, Retail, Transportation Companies

Although there will be more intense competition among companies in terms of application of AI, market analysts say potential benefits far outweigh the threats Market research analysts have predicted that companies in the automotive, aerospace and defense, and retail sectors...

Foxconn to Set up iPhone Factory in Vietnam Amidst Trade Tension

Foxconn sees Vietnam as a secured location to continue production outside the US amidst the ongoing US-China trade war As per a Vietnamese media report, Foxconn, the world’s biggest electronics contract manufacturer and a key Apple supplier, is considering Vietnam...

Tech Mahindra, H2O Join Hands to Drive AI-ML Solutions to Enterprises

Through their AQT (Automation, Quality, Time) Platform and Global Competency Centers for driving Automation and AI, Tech Mahinda will enable the adoption of H2O.ai based solutions in various industry segments. IT major Tech Mahindra and H2O.ai, an open source company...

Panasonic India Faces Loss after Change in Business Strategy

Panasonic India has cited internal and external risk exposures as the main reasons behind the 3 per cent dip in its revenue last fiscal Panasonic India has reported a net loss of Rs 131.8 crore in 2017-18 compared to a...

Spectrum Auctions to Put Extra Financial Burden on Telecom Industry: ICRA

The recent depreciation in rupee and higher prices of diesel are expected to further hit the telecom industry in the country With telecom industry in India already grappling with elevated debts, the auction of spectrum would put an additional financial burden...

Hero Electric is Eyeing Global Market for E-scooters

Hero Electric is planning to expand its business in India and abroad by doubling the dealership network and launching 2 new models every year Hero Electric is planning to expand in the international market with its four e-scooter models –...

Maharashtra Approves Power Sale Agreements for 302 MW Solar Projects

Maharashtra has approved a tariff range between Rs. 2.93/kWh and Rs. 3.10/kWh for 302 MW solar power project  The Maharashtra Electricity Regulatory Commission (MERC) has approved power sale agreements (PSAs) for grid-connected solar photovoltaic (PV) projects of 302 MW under...

AAI Invites Bids for 1 MW Solar Project at Vijayawada Airport

The estimated cost of the project is around Rs 76.3 million and the completion timeframe is 45 days from the day of awarding the contract Airports Authority of India (AAI), a Miniratna category public sector enterprise, has issued a tender for...

Mergers of Telcos Affecting Tower Companies’ Margin: Crisil

Vodafone Idea is in the course of leaving nearly 27,500 co-locations or 3 per cent of the telecommunication masts industry after the merger The ongoing merger and acquisitions in telecommunications sector in India is posing a threat to tower infrastructure companies,...

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Google Cloud Expands Partnership with Cybersecurity Company Palo Alto Networks

As part of the new deal, Palo Alto Networks will run their "GlobalProtect" service on Google Cloud Platform (GCP) Google Cloud is expanding its partnership...

LED Expo 2018: Uplift Smart Lighting Market to Support Millennial Demands

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India Improves Performance in Renewable Energy Sector, Moves to Rank 11 in Global Index

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Frost & Sullivan Concludes 15th Edition of India Manufacturing Excellence Awards

This year, Mahindra & Mahindra Limited was recognised with ‘Indian Manufacturer of the Year’ Award, along with Smart Factory Award Frost & Sullivan concluded the 15th edition of its 'India...

Dry Room Solutions for Lithium Batteries Manufacturing

The dry room solutions provide stable environments to contain the solid state of graphene, lithium-ion phosphate and lithium ions as they have high affinity...