Revenue of Government from Telecom Sector Drops 22 Per cent in 2017-18

The revenue of government from licence fee has dropped by 18.12 per cent to Rs 10,670 crore in the 2017-18 fiscal as compared to Rs 13,032.9 crore in the previous financial year The revenue mop-up of the government of India from...

DoT In Talks With ISRO To Set Up Network Of Telecom Satellites

The telecom department is in discussion with the space department to set up a network of satellite for communication services across the country. An official source informed PTI that DoT is working to set-up network of low earth orbit (LEO) satellite and...

India’s Solar Water Pumps Market to Grow at 27 Per cent during 2018-2024

The government is offering up to 90 per cent subsidy on the installation of solar water pumps to the consumers to encourage their usage in the country On the back of support from government of India to encourage use of...

TCS iON Goes Green, Commissions First Solar Rooftop Project

TCS iON aims to transform its 251 centres to solar empowered zones which will help save more than 25% of TCS iON Digital Zone’s total electricity consumption across the country. TCS iON, a strategic unit of Tata Consultancy Services (TCS),...

Govt Releases Rs 1 Crore Till November For NCCC For FY’19

An amount of Rs 44 crore was earmarked for National Cyber Coordination Centre (NCCC) for 2018-19, of which Rs 1 crore has been released till November, Parliament was informed Wednesday. NCCC was set up to generate near real-time macroscopic view...

Govt Cancels Permit Granted To HSMC Tech For Setting Up Semiconductor Plant

The government has cancelled the letter of intent granted to a consortium led by HSMC Technologies India to set up the country’s first electronic chip manufacturing plant, Parliament was informed yesterday. In a recent report PTI stated that with this,...

EESL Postpones Delivery Deadline for First Lot of 10K Electric Cars Again

So far only 1,000 cars have been delivered. Due to lack of charging points for e-vehicles, the delivery deadline was first extended to March 2019.   State-run Energy Efficiency Services Ltd (EESL) has further extended the deadline to complete the...

Shapoorji Pallonji Appoints ICICI Securities to Work on Solar IPO

The group’s flagship company, is currently developing the world's largest single location solar PV plant in Abu Dhabi.  Solar project developer, Shapoorji Pallonji Group has reportedly hired ICICI Securities Ltd to take its solar engineering, procurement and construction (EPC) business...

SECI Issues Tender for 7.5-Gw Solar Power Projects in Jammu & Kashmir

The projects are part of Prime Minister Narendra Modi’s goal of building 100 gigawatts of solar capacity in the country by 2022. Solar Energy Corporation of India (SECI), a company of the Ministry of New and Renewable Energy, issued a...

Handsets Association Unhappy With Draft NPE 2018

A well-known mobile handset body has undermined the proposed e-policy, saying it is not enough to attract global giants and advocates special incentives to help develop India as an electronics manufacturing center comparable to China and Vietnam. “Companies such as...

Govt Mulling Policy Sops For Apple & Other Electronic Companies

To push forward its Make in India initiative, the Centre is looking to offer some policy incentives to Apple and other electronic manufacturers to manufacture and export their products from India, according to an Economic Times report. The Ministry of Commerce is in discussion with...

Amber Extends Deadline to Acquire Ever Electronics till March Next Year

Accepting a request by the Promoters of EVER, the company has extended the timeline to complete the acquisition of balance stake of 51 per cent by March 31, 2019 in one or more tranches.  Original equipment manufacturer Amber Enterprises...

IIT Kharagpur To Set Up Off Campus Centre, Research Park In Hyderabad

In yet another feather in the city‘s cap, IIT Kharagpur is not only setting up an off campus centre in Hyderabad where it plans to offer programmes in, advanced manufacturing, robotics and cyber security, it is also mulling a...

Govt Proposes To Invest Rs 1,227 Crore Through EDF To Push IPR In Electronics

The government has proposed to give Rs. 1,227 crore to improve intellectual property in the field of information technology and electronics. According to information updated on Ministry of Electronics and IT, the total corpus recommended to be invested by 22...

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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...