Current Updates

Customs duty on open cell displays halved, LED TV prices set to go down

The government has halved the basic custom duty on open cell displays used in the manufacturing of LED television panels whereby leading television makers like Samsung, LG, Panasonic and Sony are now likely to roll ba

New telecom policy to be presented in next Parliament session: Sinha

Union Minister Manoj Sinha on Tuesday said the new telecom policy is almost ready and will be brought in the next session of Parliament after a Cabinet nod.

“The new telecom policy is almost ready, and, th

Revenue Dept. to standardize documents needed for GST refund for exporters

Responding to exporters’ complaints that field officers were arbitrarily demanding documents for processing Goods and Services Tax (GST) refund claims, which was leading to rejection of several applications, the

Import duty hike impact: Assembly firms to have an edge over makers

Increasing import duty hikes on electronic goods has left the sector in limbo. The surge in rates in rec

Policy certainty needed to boost upstream investments: Vedanta

The government must be disruptive in its fiscal incentives and offer policy certainty to attract investment in the upstream sector to meet its ambition of cutting oil import by a tenth, the chief executive of Vedanta&

Talks on with DIPP to secure legal status for angel groups

The country’s top angel networks are in active consultations with the Department of Industrial Policy and Promotion (DIPP) on giving formal recognition to angel groups. “The DIPP is very receptive to the i

New industrial policy to promote “Ease of Doing Business” at district level

The New Industrial Policy will focus on reducing regulations and promoting ease of doing business at the district level, Commerce and Industry Minister Suresh Prabhu has said.

Interacting with members of industr

Higher duty on toys won’t cut reliance on Chinese imports

Increasing import duty on toys and artificial jewellery will do little to cut the country’s dependence on Chinese imports in these sectors, according to domestic players, who say the government should instead ra

List of Electronic items on which GST reduced from 28% to 18%

List of Electronic items on which GST reduced from 28% to 18% (As announced on 10th November 2017)

Government to hold talks on new electronics policy

In order to strengthen the ongoing momentum in domestic production of electronic goods, the government is looking at drafting a new electronics manufacturing policy and as a first step, a consultation with the industr

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Intex steps up phone manufacturing investments in India

Nidhi Markanday, director at Intex Technologies, has revealed how some of the latest guidelines in India are encouraging phone companies to step up manufacturing in the country.

Intex, one of the leadi

Huawei to expand handset making capacity in India

China’s Huawei Technologies is set to significantly ramp up handset production capacity at its Chennai factory and also increase the number of its original equipment maker (OEM) partners as part of its efforts t

Trai views on promoting telecom equipment mfg in 1 month

Telecom regulator Trai today said it hopes to finalize in about a month the recommendations on promoting telecom equipment manufacturing in the country. The Telecom Regulatory Authority of India (Trai) held open house

Apple supplier Wistron to invest Rs 682 crore to set up new manufacturing facility

Wistron, the Taiwanese contract manufacturer that makes iPhones for Apple in India, is set to invest Rs 682 crore on expanding operations, having got approval to acquire additional land near Bengaluru, a senior Karnat

Telcos should focus on improving services instead of fighting: Manoj Sinha

Telecom minister Manoj Sinha has asked India’s top carriers to focus on improving services instead of fighting among themselves, especially now that the government has cleared measures for immediate relief, whic

Government approves relief package for telecom sector

The government on Wednesday cleared a relief package for the debt-ridden telecom sector, giving more time to operators to pay for the spectru

Our focus is to bring exclusive and innovative products to India: Mani Kant Jain, Yerha.com

India is the fastest-growing e-commerce market and is expected to reach US$ 188 billion by 2025. The growth of the online segment can be attributed to our increasing dependency on smartphones for professional networki

Handset makers may invest Rs 6,000 crore for more local inputs

India could see investments of up to $900 million (about Rs 6,000 crore) in the next two years from leading handset makers and global contract manufacturers that are seeking to increase the local content in their inst

Import duty may be imposed on mobile phone gear from April 1

The government  is likely to impose basic customs duty on mobile phone components such as populated printed circuit boards (PCBs), camera modules and connectors from April 1, according to senior officials. 

Trai slams RCom for refusing to refund consumers’ balance

Telecom regulatory Telecom Regulatory Authority of India (TRAI) slammed Reliance Communications for “usurping” un-spent pre-paid balances and security deposit of its mobile customers after operations were

Budget Impact: iPhones costlier by up to Rs.3, 200

Apple raised the prices of all its mobile phones, except the iPhone SE, for the second time in two months, after the government increased basic customs duty (BCD), a move which increases pressure on the company to exp

DoT to float draft telecom policy in a week

The Department of Telecom (DoT) is likely to float draft of the National Telecom Policy (NTP) 2018 within a week for public comments, an official source said.

The draft (of the NTP 2018) is very likely to be iss

IPhone sales dip by 9% in India

Apple iPhone sales in India dipped in the October-December quarter.

According to Counterpoint Research, iPhone sales declined by 9 per cent in volume terms and 7 per cent in volume terms and 7 per cent by revenu

TRAI suggests norms for app-based calls

The Telecom Regulatory Authority of India proposed that internet telephony calls originating from international out roamers should be routed through the gateway of licenced International Long Distance Operators (ILDOs

Telecom exposure of Tata group stands at Rs.47,000 crore

After its exit from  the consumer mobile business, the Tata group, which had invested Rs.47,208 crore In  in the past 15 years through equity and debt, would now have two businesses – enterprise busine

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Pact between India, Sri Lanka for co-operation in IT, electronics

The Cabinet was on Wednesday informed about a Memorandum of Understanding (MoU) signed between India and Sri Lanka for promoting co-operation in Information Technology (IT) and Electronics field. The pact was signed o

Make In India’ delivery patchy: Here’s why rethinking is needed

Make-in-India is one of the key cornerstones of the current government to raise growth rates and create employment. It has been almost four years since the initiative was launched, with much hope and fanfare. The gove

A look inside the electronic voting machine

Unlike voting machines in some countries which are connected to a network, Indian EVMs are standalone. Tampering an EVM through the hardware port or through a Wi-Fi connection is not possible as there is no frequency

Internet economy to surge to $500 billion by 2022

Mobile penetration in India is now passed   As phones get ‘smarter’ and more ‘affordable’, the next big development in the telecom sector is the increasing usage of mobile data. Betti

Startups find innovative ways to make new joinees feel at home

A software professional who recently joined consumer lending startup MoneyTap as a senior Android developer was taken aback when asked to recount the most embarrassing incident from his life at an all-hands meeting du

Auto Cos charged up, to unveil 50 electric and hybrid vehicles

Nearly 50 electric and hybrid vehicles will be unveiled at Auto Expo 2018 that starts in Greater Noida this week; in what will be an affirmation of automakers’ commitment to India’s ambitious goal on elect

Cyber-criminal gang took over, used Indian servers: Kaspersky

IT security software maker Kaspersky Lab has detected some servers in India that were used by notorious cyber-criminal gang Lazarus, which is believed to be behind large-scale cyber-attacks across the world including

Hexagon developing solutions for Indian smart cities

Hexagon AB, a global provider of information technology solutions, is integrating various technolo

Apple’s €850-mn data centre gets approval from Ireland

Ireland gave the green light for tech giant Apple to build an €850-million ($1.0-billion) data centre, following a battle with conservationists who were seeking to preserve a forest.

High Court judge Paul M

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Apple, Google, IBM CEOs Head to China With Trade War Brewing

Leaders of Apple Inc., Google and other U.S. technology giants head to China this weekend to pursue a familiar goal: To do more business in th

BYD entry worries local auto companies but government happy with dipping prices

The entry of China’s giant e-vehicles company BYD in India by bagging large tenders for electric buses is worrying Indian auto majors but the Union government is weighing their concerns against the benefits of c

Chinese companies keen to engage in India smart cities mission, initiatives:

A number of Chinese companies across various sectors have converged here in Hyderabad to take part in the Sm@rt Urbanization meet to explore the possibilities of working on projects in the upcoming smart cities projec

India has huge potential to become leader in solar energy sector: Vice President

Vice President M Venkaiah Naidu has said that India has huge potential to become the leader in solar energy sector. Mr Naidu said this while addressing the inaugural session of ELECRAMA 2018, organized by the Indian E

Delta Electronics launches EV charging solutions to support the government's 2030 vision

In support of government's electric mobility drive, leading power and energy management company Delta Electronics India Pvt. Ltd. on

The curious case of rising electronic imports

Electronic items are weighing heavily on India’s trade deficit. Relentlessly rising imports of electronic items, especially mobile phones, at a time when crude oil prices are firmer, pose a risk to the country&r

Ministry of Defence project to add tech muscle to arms procurement

The Ministry of Defence (MoD) has begun a project to build IT systems that would help streamline operations and take faster decisions as it looks to increase domestic production of arms and equipment for the armed for

EESL to float another global tender for 10,000 e-vehicles

State-run Energy Efficiency Services Ltd (EESL) will soon float another global tender for 10,000 electric vehicles to be deployed across the country for government use, a senior executive has said. 

EE

State-owned fuel pumps to top up digital payments companies

One of the major sectors where the government is promoting digital payments is fuel retailing and digital payment companies are targeting the state-owned fuel retailing agencies for rapid digitisation of fuel pumps, w

Industry 4.0 can transform Indian Manufacturing

In recent years, Industry 4.0 has evolved rapidly from a distant, esoteric concept to something companies now believe is real and tangible.

Industry 4.0 is a collective term for the new technologies that are sig

TV makers may review plans to Make in India

Consumer electronics makers Samsung, LG, Sony and Panasonic are reviewing their 'Make in India' strategy for televisions — which may lead to scaling down of local assembling operations — following

Govt. must direct all incentives at EVs: Tata Motors chief

Tata Motors has said that the government’s incentives must be directed towards electric vehicles (EVs) only, as the industry would have to develop technologies such as hybrids in order to meet the future regulat

Hero Electric eyes capacity expansion

Electric two-wheeler maker Hero Electric will invest Rs 700 crore in capacity expansion over the next three to four years as it expects demand for green mobility solutions to pick up soon. 

Naveen Munjal, c

Eicher launches first Electric Bus

Eicher Trucks and Buses launched its first electric bus “Skyline Pro E”.  The buses are certified to ply on Indian roads and we are confident they will bring great value to commuters, city transportat

No Angel Tax on startups with up to Rs.10 cr funding

Startups incorporated before 2016 that have got up to Rs.10 crore in angel funding won’t face the so-called angel tax, once changes in the regime are finalized by the Department of Industrial Policy and Promotio

Electric buses will take over half the world fleet by 2025

Nearly half of the municipal buses on the road worldwide will be electric within seven years.  With China expected to dominate the global market as it aims to cut urban pollution and support domestic manufacturer

Imports will not decline with Customs duty hike : Experts

The government raised the basic customs duty on a range of products from consumer goods and automotive parts to fully and partly built vehicles and medical devices, among others.  The hike was to the tune of 5-10

E-tailers’ global warehouses may come under tax net

Warehouses of e-commerce companies based in countries such as Australia, Japan, Italy, Spain, the Netherlands and Russia may not be exempted from paying the  income tax in India once the multilateral instrument (

Lessons from Doklam: Defence ministry okays big infra enhancement along Chinese border

With an aim to further strengthen the defence infrastructure along its frontier with China, India is focusing on the central sector of the Line of Actual Control (LAC) by planning to connect its primary passes and val

Amazon to team up with Apple, Google for Alexa voice assistant

Amazon is willing to team up with competitions Apple and Alphabet’s Google if it would help improve customers’ experience with its Alexa voice-activated virtual assistant, an executive working on the platf

TCS net falls 2%, but beats estimates

Tata Consultancy Services (TCS) said its second-quarter profits dropped 2.16 per cent per-on-year to Rs.6,446 crore, while revenue grew 4.3 per cent to Rs.30,541 crore.  The revenue performance  was in line

Cyient profit rises 15% to Rs.111 crore in Q2

Cyient Ltd., formerly Infotech Enterprises, has posted revenues of Rs.965.40 crore in the second quarter ended September 30,  2017, as against Rs.913.60 crore in the same quarter last year, showing a growth of 5.

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Events

News

9th Strategic Electronics Summit - Defence & Aerospace, July 2018

Venue: The Hotel Lalit Ashok, Bengaluru

Date: 05-07-2018

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News

CALL FOR ENTRY NOMINATIONS CLOSE ON 15th MAY, 2018

Venue: Bengaluru

Date: 05-07-2018

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