Suzlon Sells Rudra Solarfarms to AMP Solar for Rs 142.1 million

Rudra Solarfarms is a special purpose vehicle (SPV) that had been established by Suzlon, in partnership with AMP Solar, for executing a solar project of 15 megawatt (MW) in the state of Telangana Suzlon Energy, a world leader in renewable energy solutions, has...

State-run BHEL bags 129 MW Solar Project Worth Rs 5,650 million

BHEL will be establishing solar photovoltaic (PV) power plants on EPC basis at four locations in the state of Telangana Government-owned engineering and manufacturing company Bharat Heavy Electricals Limited (BHEL) has bagged an engineering, procurement and construction (EPC) contract for...

MNRE to Issue a List of Eligible Solar Manufacturers for Government Projects

The MNRE has stated that the projects for which tenders have not been finalised before the decision will be allowed to source outside the ALMM list only till March 31, 2020 The government is planning to issue a list of...

Industry Seeks Deferment of Proposed Customs Duty Hike on Mobile Components

The government has proposed import duty on LCD assembly, touch panel and vibrator motor, to be imposed later this year under the phased manufacturing plan (PMP) The government’s plan to hike customs duty on certain mobile phone components may lead...

Qualcomm India’s Revenue Jumps 23% in FY18

Chipmaker Qualcomm India’s revenue jumped 23% in FY18 driven by a demand surge for phones in the world’s second-most-populous nation where the telecom industry is transiting rapidly to 4G data technology after the entry of Reliance Jio.  In a recent...

Northeast India Needs To Double The Telecom Infrastructure: TAIPA

The Northeastern states would require to double the telecom infrastructure with Meghalaya alone would need as many as 2,162 mobile towers, an industry group said to Economic Times on Monday. Tower and Infrastructure Providers Association (TAIPA) in a recent statement said...

TDK’s All Solid-State Battery Wins Nikkei Award, Plans to Accelerate Development

TDK’s CeraCharge is a rechargeable surface mount device (SMD) and doesn’t depend on liquid electrolyte that are primarily used for batteries TDK Corporation, Japan-based electronics company providing electronic components, electronic materials and recording and data-storage media, announced that its all-ceramic...

Daikin India Aims Rs 6,400 Crore Turnover in 2 Years

Daikin India is expecting a revenue of about Rs 4,200 crore in the current fiscal of 2018-19. It recorded a turnover of Rs 3,250 crore in the last financial year.  On account of strengthening position in Indian market and rising...

Driven by Memory Market, Worldwide Semiconductor Revenue Grew 13.4 % in 2018

Major memory vendors that performed strongly in 2018 include SK hynix — driven by DRAM, and Microchip Technology — due to its acquisition of Microsemi Worldwide semiconductor revenue reached $476.7 billion in 2018, a 13.4 per cent increase from 2017,...

MNRE Extends Deadline for BIS Certification of Solar Inverters to June 30

The inverter manufacturers will be allowed self-certification without submitting samples to test labs as the series guidelines for submitting samples to test labs are under preparation In view of the lingering confusion around the implementation of Bureau of Indian Standards...

Huawei Seeks New Growth Avenues, Introduces Server Chipset

Huawei launched a new chipset for using in servers at a time when China is pushing to increase the chip-making capabilities in the country and to cut its heavy dependence on imports Chinese multinational conglomerate Huawei Technologies Co Ltd, which specialises in telecom...

India’s IT Spending to Reach Rs 2.59 Lakh Crore in 2019: Report

The share of digital spend in total IT spending is likely to grow to at least 30 per cent this year, witnessing a growth of 29 per cent over the previous year On the back of digital spending by the...

Taiwanese OEM Wistron Plans to Expand its Operations in India

Wistron has authorised its Indian subsidiary to spend Rs 3,000 crore ($340.62 million), for expanding and meeting region’s demand for its services in future Taiwan-based original equipment manufacturer (OEM), Wistron Corporation, is planning to expand its investment in India for...

Oakridge Raises Line of Credit from Manaveeya to Fund Solar Installations

Oakridge would provide payment plans for the residential home owners for installation of solar rooftop systems and offer easy repayment facility over a period of 3-5 years Oakridge Energy, a residential rooftop solar firm in India, has received a first line of...

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Magenta Power, Mahindra Susten Join Hands for Solar Projects

Magenta Power recently announced that it has become the first in India to launch an end-to-end AC charging platform for Electric Vehicles under the...
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...

“Our mission is to achieve a turnover of ₹10 billion in the next...

As manufacturing hubs emerge, printing requirements for packaging and other purposes also increase. Kuldeep Malhotra, vice president of Konica Minolta Business Solutions India Pvt...

Telecom Standards Body, COAI Lock Horns Over Local Standards for 5G

Cellular Operators Association of India (COAI) officials to have meeting with India’s telecom standards body to figure out the superiority of the new enhancements....

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...