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Consumer Electronic Accessories Market Overview – Key Futuristic Trends and Competitive Landscape 2023 General

HTF MI comprehensive and detailed 122-page research study on Global Consumer Electronic Accessories provides a significantly expanded scope with deeply analyzed conclusions and content that includes an industry relevant database of major existing Consumer Electronic Accessories manufacturers/players in each region, analysis of 11 leading national markets, important regions [North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey & Rest of Middle East & Africa], a description of major geopolitical trends, analysis of the influencing factors and regulatory policies leading to the volatile dynamics.

 (Business Tactics, June 15, 2018)


Samsung aims for 10 per cent increase in TV market share: General

India’s biggest television brand Samsung expects a 10% increase in its local market share by the festival season, harnessing demand for premium and larger sets and its expanding geographic footprint to outflank competition in a crowded industry.   The FIFA World Cup, followed by the pre-Diwali shopping, should help the South Korean electronics giant enhance its share from 30% to 33% before India’s busy shopping season kicks off in October, senior vice president for consumer electronics Raju Pullan said. 

(ET, June 15, 2018)


Xiaomi & Dixon Tech join hands for Make-in-India 'Mi' TV launch in August, to make 55K sets every month General

India’s biggest smartphone maker Xiaomi has partnered homegrown consumer electronics contract manufacturer Dixon Technologies to make about 55,000 television sets locally every month, two senior industry executives told ET.

Xiaomi’s deal with Dixon will likely ensure an August launch for the Make-in-India ‘Mi’ brand of televisions, the local production of which should begin next month at Dixon’s new Tirupati plant. The Chinese firm will make the 32- and 43-inch sets through this arrangement which may later be expanded to newer models, the executives said.

Xiaomi’s deal with Taiwanese contract manufacturer Foxconn to further expand TV production locally is also in the offing, as ET reported last month, since the Chinese company wants to ensure local output for more than 90% of the television sets it sells in India. Foxconn is likely to manufacture the 55-inch and above models at its Chennai facility that also produces sets for Sony.

(ET, June 11, 2018)


Online platforms capture 38% smartphone sales in India: Counterpoint report Telecom

E-commerce platforms captured a record 38% share of the total smartphone channels in India in the first quarter of 2018, driven by exclusive online launches and strong promotions, a new report said.  According to Counterpoint Research's "Market Monitor" service, Flipkart continued its dominance in the online smartphone market with 54% share, with Amazon at second place with 30% followed by Mi.com with 14% market share. iaomi led online platforms with a share of 57% during Q1 2018, followed by Samsung (14%) and Huawei (Honor) (8%)."The E-commerce segment grew faster than the offline segment during Q1 2018. While the smartphone shipments in offline segment declined by 3%, online segment grew by 4% (Year-on-Year)," said Karn Chauhan, Research Analyst at Counterpoint.

(ET, June 16, 2018)


Second year in a row: Most courses discontinued are from telecom engineering Telecom

Electronics and telecommunication branch of engineering, also approved as electronics and communication by some universities, continues to witness highest number of discontinued courses across India. As per data available with All India Council for Technical Education (AICTE), apex body for technical education in the country, around 115 electronics and telecommunication courses will no longer be available to students. These include 40 diploma, 60 degree and 15 post-graduate courses. Last year, 173 courses — 84 degree, 76 diploma and 13 post-graduate — were discontinued.  Electronics and telecommunication engineering comprises designing and manufacturing hardware and software systems that run communication devices such as radio, mobile, television and computer. Computer engineering and its related branches of engineering have witnessed the second highest discontinuation of courses this year. Nearly 21 diploma, 12 degree and 43 post-graduate computer engineering courses, which includes computer science, engineering and technology, were discontinued for 2018-19 academic year.

(HT, June 15, 2018)


Mukesh Ambani's Jio gains to only bring more pain for rivals Telecom

India’s older mobile operators Bharti AirtelNSE -0.90 %, Vodafone India and Idea Cellular have so far managed to hold on to — and even grow — their subscriber market shares despite new entrant Reliance Jio’s price onslaught, mainly by acquiring customers of smaller exiting telcos. But now they will face a tougher task to protect their turf because most subscribers of smaller players such as Reliance Communications, Tata Teleservices, Telenor India and Aircel — which are being shut down or sold off — have already moved to the larger operators. 
“When the dust settles down and subscribers from beleaguered smaller players have been mopped by the Big Three (Vodafone-Idea combine, Airtel and Jio), the tussle for supremacy will resume,” said Sandip Das, senior advisor at telecom consulting firm Analysys Mason. “With Jio’s ambitions to lead, the market will continue to see aggressive moves,” he said.

(ET, June 08, 2018)


Trai suggests allocation of 10MHz of 4G airwaves for free for use by relief agencies Telecom

The Telecom Regulatory Authority of India (Trai) has recommended allocation of 10 MHz of 4G airwaves for free to be used in a network to be used in emergency situations like maintenance of law and order, protection of lif and property and disaster relief as part of an upgraded nationwide broadband based system.

The regulator said the proposed next-generation Publi Protection and Disaster Releif (PPDR) communication networks should be funded by the government and created in metros, border districts, disaster-rrprone areas and sensitive regions such as Jammu & Kashmir and the northeast.

(ET, June 05, 2018)


Samsung’s Prashanth Mani likely to join Lenovo-Motorola India replacing Sudhin Mathur Telecom

Prashanth Mani is set to join Lenovo-Motorola group’s smartphone business as India country head, replacing veteran Sudhin Mathur who stepped down in April, three senior industry executives said. Mani has put in his papers at Samsung India, where he was vice president of retail and go-to-market for the mobile division. His immediate mandate will be to turn around the Chinese electronics company’s smartphone business in India and bring it back into the top three. Mani, an engineering-MBA graduate, graduate, had a five-year stint in Samsung India, according to his LinkedIn profile, and was previously with Nokia India. 

Mani declined to speak to ET, saying he is not authorized to talk to the media at Samsung. Emails sent to Lenovo-Motorola and Samsung India did not elicit any response till press time. Lenovo-Motorola slipped one spot to the fourth place in October-December 2017, behind Xiaomi, Samsung and Vivo, according to US-based market tracker International Data Corporation. In January-March, it was not among the top five, with Oppo and China’s Transsion Group moving up. 

(ET, June 04, 2018)


Coolpad open to taking Xiaomi to court in India Telecom

Chinese smartphone maker Coolpad is open to moving Indian courts against IPO-bound rival Xiaomi over patent infringement, after the company filed seven such cases in China in two different courts since January this year. 

Coolpad’s chief intellectual property officer Nancy Zhang told ET that Indian laws protected patent holders’ interest, which made the South Asian nation’s courts a strong option for litigation, citing the example of Ericsson suing Xiaomi in alocal court which lead to an interim bar on sales of specific Xiaomi phones.  “India is one of the key markets, and India has the reputation for protecting intellectual property rights, has better laws and systems to protect patent holders.  As we saw in the Ericsson-Xiaomi case, we feel that India is a good ground for protecting patents,” Zhang said when asked whether the company would file a lawsuit here. 

(ET, June 01, 2018)


Cyber security, data privacy critical for growth of Digital India IT

As India continues to leapfrog into the digital revolution and brace the dream of Digital India that Prime Minister Narendra Modi has for the nation, it is also time to take into cognisance the threats that are surrounding us. One of the major challenge that India is currently facing are related to data security and addressing the privacy issues.

The need of the hour is to ensure growth of the digital economy while keeping personal data of citizens secure and protected. Data is being considered as the new oil and in the current economic climate all organisations are looking to exploit the information it holds as much as possible. While many organisations are looking at how they can make most of the data that they have, there are also concerns on how to protect their business data. With data breaches multiplying in frequency and scale, the importance of addressing cyber-security at the highest levels of corporate leadership cannot be understated.

(DNA, June 23, 2018)


Sandhar Technologies inks JV with Taiwan's Whetron Electronics for active safety systems IT

After becoming partners through a technical collaboration in April last year, India’s Sandhar Technologies signed a 50:50 JV with Taiwan's Whetron Electronics Company on June 21, with an ambition to supply safety related auto electronic components like rear parking sensors, cameras, lane departure warning, blind spot detection, and tyre pressure monitoring systems (TPMS) to the Indian vehicle OEMs. Sandhar, which had earlier planned to explore the opportunities of the technical collaboration, soon realised that to cater to the large volume requirements of the Indian market with the upcoming AIS 145 regulations from July 2019, and to bring down costs, it would be imperative to localise the technology and build a local establishment in India. Hence, the company pressed upon Whetron to strike a JV, so as to bring a transparency in technology transfer as well as allow for local development of new innovations, rather than importing everything from abroad. While all four-wheeler segments, including passenger cars and CVs will come under the purview of the  in talks for some of the products like USB chargers with leading OEMs in the country.

(Autocar Professional, June 22, 2018)


Big step forward! India to have own GPS-like satellite navigation system IT

India will soon have its own satellite navigation system on the lines of GPS by the US, GLONASS by Russia, European Union’s Galileo and China’s BNS, with the Ministry of Electronics and IT (MeitY) in the process of coming out with a tender to invite companies, including start-ups, to commercially manufacture NavIC chips. NavIC, or navigation with Indian constellation, developed by the Indian Space Research Organisation (Isro), allows navigation in the Indian Ocean region using Geosynchronous Orbit (GSO) satellite and Geostationary Orbit (GEO) satellite. “We are working on NavIC and will soon commercially launch it. Preparations are in full swing in my ministry,” minister for electronics and IT Ravi Shankar Prasad told reporters when asked when would India have its own satellite navigation system.

(FE, June 19, 2018)


Urvashi Rautela launches electronics store Tech adda in Kolkata IT

The flagship store of Tech adda is located in Park Street, Kolkata. Tech adda is an electronics store that specialises in the latest gadgets and accessories. The store of the brand houses a corner of its kind called 'What's New', which displays the latest in gadgets and accessories. Speaking at the launching event, Urvashi said: "I am very much tech savy. I love technology and I think its not only me but the entire youth.  The current generation loves technology. Its something very handy and we all are addicted to our phones and gadgets." Tech adda Managing Director, Nandan Saha said: "We aspire to be the largest organised retail chain in mobiles and smart gadgets in India. "At Tech adda, you will get exceptional service along with a diverse range of products under one roof. We promise you value for money and a wholesome experience." Tarini Das, Business Head, Tech adda, said: While buying Tech related products nowadays, we need to check innumerable parameters. "At Tech adda we believe in giving ample choice with expert guidance which is unbiased to any brand."

(India Blooms, June 16, 2018)


Kerala gearing up to be the next electronics hardware destination IT

The arrival of Cerium Systems, a leading global design services company for Very Large Scale Integration (VLSI) and embedded software, has spurred hopes of Kochi’s development as an international destination in hardware electronics. With Bengaluru, the IT hub of India, reaching the saturation point in development due to soaring life expenses and never ending traffic snarl ups, technology majors are eyeing tier II cities and Kochi stands a chance to cash in on the opportunity. It is the huge talent pool and Kerala’s track record as the safest, healthiest and most environment-friendly state that attracts industry majors to the state. The arrival of a major chip design company will attract more hardware giants to Kochi and what happened in Bengaluru 20 years ago will now happen in Kochi, feel industry experts.

Cerium Systems Co-founder and CEO Sudhakar  Palisetti shares with The New Indian Express his thoughts on Kochi’s chances to develop as the next electronics hardware destination.

(Indian Express, June 13, 2018)


Ministry of Electronics and IT to avail benefit of e-Hospital for easy access to health facilities IT

The Ministry of Electronics and IT, Govt.of India has complemented and selected Regional Institute of Medical Sciences, Imphal along with All India Institute of Medical Sciences, New Delhi for interaction with the Minister Ravi Shankar Prasad with persons availing benefits of e-Hospital for easy access of health facilities.

This is in recognition of successful implementation of e-Hospital and automation activities in the institute. The interaction program is tentatively scheduled on 14th June, 2018 from 2 to 4 pm and the same will be telecast live by Doordarshan National.  The Online Registration System (ORS) facility of OPD patients is available at the Regional Institute of Medical Sciences Hospital (RIMS Hospital), Imphal.

(E-pao.net, June 07, 2018)


Ministry of Electronics and IT to avail benefit of e-Hospital for easy access to health facilities IT

The Ministry of Electronics and IT, Govt.of India has complemented and selected Regional Institute of Medical Sciences, Imphal along with All India Institute of Medical Sciences, New Delhi for interaction with the Minister Ravi Shankar Prasad with persons availing benefits of e-Hospital for easy access of health facilities.

This is in recognition of successful implementation of e-Hospital and automation activities in the institute. The interaction program is tentatively scheduled on 14th June, 2018 from 2 to 4 pm and the same will be telecast live by Doordarshan National.  The Online Registration System (ORS) facility of OPD patients is available at the Regional Institute of Medical Sciences Hospital (RIMS Hospital), Imphal.

(E-pao.net, June 07, 2018)


Delta Electronics installs DC fast-charger for EVs in Mumbai IT

The charging station was launched by Dr Harsh Vardhan, union minister for science and technology and earth sciences, government of India and  Devendra Fadnavis, chief minister of Maharashtra.

Akshaye Barbuddhe, business head, EV Charging Solutions business, Delta Electronics India said “Our entire suite of solutions in EV Charging including the Bharat Chargers will complement the Indian e-mobility initiative providing a reliable technology."

"The DC fast charger station has the capacity of 15 kW and is based on the Bharat EV specifications standard. Our comprehensive portfolio of energy efficient advanced EV charging stations will offer solutions to all kind of e-buses, e-cars and commercial electric-vehicle (EV), including the newly launched e-cars such as Tata Tigor and Mahindra Verito. Once fully charged the car battery is able to sustain up to 100 to 120km. The chargers are ARAI certified and is designed and manufactured locally,” added Barbuddhe.

(Autocar Pro News Desk, Jun 07, 2018)


Microsoft agrees to buy coding site GitHub for $7.5B IT

Microsoft Corp. said it reached an agreement to buy GitHub Inc., the code repository company popular with many software developers, for $7.5 billion in stock. The deal will add to Microsoft’s operating income in its fiscal year 2020, the company said in a statement Monday. Microsoft expects the deal to close by the end of 2018. The shares were up 0.6 percent to $101.38 at 9:55 a.m. in New York.

The acquisition provides a way forward for San Francisco-based GitHub, which has been trying for nine months to find a new chief executive officer and has yet to make a profit from its popular service that allows coders to share and collaborate on their work. It also helps Microsoft, which is increasingly relying on open-source software, to add programming tools and tie up with a company that has become a key part of the way Microsoft writes its own software.

(Information Management, June 04, 2018)


IIT Khargpur along with TU Munich set up a research center on Intelligent transportation system General

IIT Kharagpur and the Technical University of Munich from Germany have entered into a memorandum of understanding (MoU) for setting up an Indo-German Collaborative Research Center on Intelligent Transportation Systems. The Center will be located at IIT Kharagpur with the possibility of a similar center being replicated in Germany in the future. The goal of this Center will be to bring together Indian and German researchers, as well as industry partners from the two countries to work on various topics in the domain of transportation. These include next-generation cars where most of the innovation is in electronics and software, to environmentally friendly green transportation options and seamless connectivity between various modes of transportation. 

(ET, June 27, 2018)


Panasonic finally breaks even in India General

 Panasonic IndiaNSE 6.63 %, the flagship company of Japanese electronics maker Panasonic in the country, broke even in 2016-17, posting Rs 72.2 crore net profit as per its latest regulatory filings with the Registrar of Companies (RoC). 

The company’s consumer electronics, home appliances and automotive businesses turned profitable in the fiscal, leading to overall profitability in its ninth year of operation after making a re-entry into the Indian market.  Panasonic India had recorded net loss of Rs 42 crore in the previous year.  In FY17, its total income grew 14.4% year on year to Rs 5,589.9 crore, driven by television and white goods business that contributed Rs 4,997.1 crore. 

(ET, June 22, 2018)


Global Silicone in Electrical and Electronics Market 2018: Industry Outlook and Trend Analysis General

This statistical surveying analysis report on the Global Silicone in Electrical and Electronics Market 2018 to 2023 is a complete study of the industry sectors, up-to-date outlines, business development, drivers, and restraints. It provides market predictions for the upcoming years. It contains an analysis recently developments in modernization, Porter’s five forces analysis and progressive aspects of elected business rivals. The Silicone in Electrical and Electronics report, what is more, articulates a study of small and full-scale factors indicated for the new and established competitors within the market beside an authorized worth chain investigation.

This report presents a 360-Degree Overview of the competitive state of affairs of the Silicone in Electrical and Electronics Industry. The report additional comes to the size and valuation of the Worldwide market within the coming back forecast period. The Silicone in Electrical and Electronics report also presents an intensive quantitative and qualitative knowledge leading the projected result of those factors on market’s future growth possibilities.

(The Honest Analytics, June 22, 2018)


L&T opposes plan to give submarine project to Mazagon Dock General

With the government considering a proposal to move a Rs 60,000-crore project to build submarines to the public sector on a nomination basis, India’s top shipbuilder Larsen and Toubro has sought the Niti Aayog’s intervention, asking that it be reserved for the private industry as per the original plans. 
 

The mega 'Make in India' project — named P75I — is for the construction of six conventional submarines with advanced abilities to stay underwater for extended periods with Air Independent Propulsion (AIP). The project was picked up as the biggest under an ambitious strategic partnership policy in 2016 to promote private sector involvement in defence. 
(ET, June 20, 2018)


Black Pepper Spices up the Arm Approved Design Partner Program General

One of the key features of the Arm ecosystem is its open and collaborative nature, and that’s no more evident than in its bank of Approved Design Partners. They bring an additional layer of design expertise and capabilities to SoCs from Arm silicon partners, enabling them with more opportunities to bring custom chips to a vast variety of markets.  Ensuring a global spread of design partners, especially around the world’s biggest tech hubs, has always been a priority for us and the addition of India’s Black Pepper is an important milestone on that journey. We now have a trusted design services partner in Bangalore able to support regional APAC licensees within or closer to their respective time zones. India is a hotbed for technology potential, with the government predicting the semiconductor component market alone will be worth more than $30 billion by 2025.

(Design & Reuse, June 18, 2018)


TRAI, BEREC Sign Memorandum on Preserving, Promoting Net Neutrality Rules General

Telecom regulators from India and the European Union (EU) met this week to announce their common understanding of the "building blocks of net neutrality rules", and their intention to collaborate on regulations. Representatives of Telecom Regulatory Authority of India (TRAI) and the Body of European Regulators for Electronics Communication (BEREC) on Thursday in Sopat, Poland signed a memorandum of understanding (MoU) to "advocate for effective electronics communications regulation." The two also released a "Joint Statement for the Open Internet", that defined the heretofore mentioned building blocks.  The MoU was said to show the willingness of both sides to develop regular exchanges regarding the implementation and preservation of net neutrality rules. The regulators said they intend to "promote competitive markets, technological innovation, and value for consumers."

(Gadgets, June 16, 2018)


India’s first lithium-ion cell manufacturing plant to come up in Andhra General

In line with the government’s “Make in India” initiative, Munoth Industries, promoted by Chennai-based Munoth group, announced here on Wednesday the setting up of India’s first lithium-ion cell manufacturing plant in Tirupati, Andhra Pradesh, for the mobile industry. The plant will be set up with an outlay of Rs 799 crore in three phases, Munoth Industries said, adding that the plant will provide employment opportunities to 1,700 people. The first phase of th “The setting up of India’s first lithium-ion cell manufacturing plant for mobile industry will improve competitiveness. It will create more value addition to the country and eventually it will drive down the pricing,” Pankaj Mohindroo, National President, Indian Cellular Association (ICA) told IANS.e project will be operational by March 2019 and the second and third phases by 2022, the company added. 

(Indian Express, June 15, 2018)


India’s BEL opens Vietnam office to boost exports General

India’s state-owned Bharat Electronics Limited (BEL) has opened a representative office in Hanoi, Vietnam, to pursue exports in the country and the wider Southeast Asia region. The office was opened on 13 June by India’s Defence Minister Nirmala Sitharaman, who is visiting Vietnam to take part in the fourth annual defence industry meeting between the two countries. BEL said the new office – its first in international markets – will enable it to “address export business opportunities and to provide product support and services to users in the region”. BEL added that the new office is in line with efforts to expand its international profile and to “give a thrust to exports worldwide, especially in Southeast Asia”.

(Jane’s 360, June 14, 2018)


India: The Cross-Border E-Commerce Conundrum General

Several e-commerce ventures around the world have expressed their interest in exploring the Indian market. It is relatively easier for existing cross-border e-commerce businesses to explore means to cater to Indian clientele without necessarily having to establish a physical presence in India in the form of brick and mortar stores, warehouses or offices. Cross-border retail e-commerce websites, for the most part, would simply need to ensure suitable tie-ups with logistics partners with capabilities for executing deliveries in India, and could otherwise continue to use their existing infrastructure to display their catalogue and service orders from customers who are physically located in, or require that their orders be delivered to, India.

However, this is not without several notable drawbacks. Cross-border retail e-commerce merchants face certain constraints in addition to those experienced by their Indian peers, for instance, increased shipping and import costs, longer lead times between placement of orders and corresponding deliveries, no 'cash on delivery' payment option, and a more complex returns and repairs process. Nevertheless, there is no doubt that the presence of cross-border e-commerce websites provide Indian consumers access to a wider range and variety of products as well as a cost effective way for foreign retailers looking to test the waters before committing to a more full-fledged investment in the Indian market.

(Mondaq, June 11, 2018)


Govt. unable to crack GST e-wallet code as export refunds remain unpaid General

Even as exporters and the government continue to argue over the amount of unpaid refunds under the goods and services tax (GST) regime, the much-awaited e-wallet mechanism remains a non-starter. Traders had supported the e-wallet mechanism to battle the liquidity crunch that had set in after the GST was introduced. Subsequently, a decision to adopt it was taken at the 22nd GST Council meet on October 6 last year, with an initial deadline for April 1. However, after the deadline was missed, the government extended the roll-out by six months. Earlier this year, Business Standard was the first to point out that little progress would derail the April 1 deadline. More than two months later, despite multiple meetings between top officials of the Ministries of Commerce and Finance, the progress was slow, sources said.

(BS, June 06, 2018)


 Automotive Electronics Control Unit Management Market Report 2017: Business Segmentation By Revenue And Market Structure Forecast 2022 General

Automotive Electronics Control Unit Management Market report provides complete evaluation for those who are looking for Business expand in various regions, manufacturers, New entrants in the industry, Professional organisation/solutions providers, Government bodies, financial speculators and private value firms.

Reports presents an in-depth assessment of the Automotive Electronics Control Unit Management including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Automotive Electronics Control Unit Management investments from 2017 till 2022

Exclusive Reportage, June 03, 2018)


Fridge, AC to cost more from next month General

Prices of refrigerators, air-conditioners and washing machines are set to go up 3-5% starting November, as white goods makers plan to pass on higher input costs.  However, consumers will mostly feel the impact only from December, as retailers are saddled with unsold inventory from Diwali which they will first clear before sourcing fresh stock at higher prices, three senior industry executives said. Input cost has gone up by 30-50% since the last price hike, which the industry effected in January.  The price of steel has since increased by 40% and that of copper by 50%. A crucial chemical called MDI, which is used to make foams mostly for refrigerators, is facing a global shortage and its price has doubled.

(ET, May 30, 2018)


Lack of land title means no payment for solar producers General

Solar energy developers have protested to the ministry of new and renewable energy against the Karnataka government for delaying clearance of land acquisition and using that as a reason to deny them payments for power supplied.

The developers are not being paid because they haven’t received clear titles to the land they acquired for the projects, the National Solar Energy Federation of India wrote to the ministry. ET has seen a copy of the letter. The developers won contracts for 920 MW.

(ET, May 30, 2018)


SoftBank, IL&FS team up to power 20 GW solar parks General

The SoftBank Group is tying up with infrastructure conglomerate IL&FS to develop more than 20 gigawatts of solar capacity in India by 2025 to support Prime Minister Narendra Modi’s ambitious renewable energy road map for the country.

This comes less than two mgjonths after the Japanese group teamed up with China’s GCL System Integration Technology for a $930 million (Rs 6,350 crore) India solar power venture.

(ET, May 29, 2018)


iPhone display makers dip on report Apple will go all-OLED in 2018 Telecom

Apple Inc has decided to use OLED screens in all three new iPhone models planned for next year, according to South Korea’s Electronic Times – a report that sent shares in Japan Display tumbling 10%.

Japan Display, one of the main suppliers of iPhone liquid crystal display (LCD) screens, has lagged its South Korean rivals in OLED production.  By contrast, shares in LG Display Co. Ltd. Surged.  Apple recently started planning new iPhone models and decided all three models would have organic light-emitting diode panels, the report said, citing multiple unnamed industry sources.

(ET, May 30, 2018)


India is at start of e-mobility S Curve: ABB CEO Telecom

For e-mobility to happen, you need four building blocks. In India, we have a very strong local value end. In the renewables integration, more than 50% of the solar power is powered up with ABB technology. So, I think we are the ideal partner for India to really drive e-mobility going forward. We are also the ideal partner for car OEMs, to make sure that cars are rolling with the right charging infrastructure that we have. 

We will do this as we have done in all the new businesses that we brought in India. First, we will have the pilots and then we will localize the technology, put it into our local value chain, and have full local value and have job creation. Look at solar, we brought in global technology, we localized the technology, we set up a local value chain, invested in manufacturing, and today we are fully integrated. In the rail sector, we have done the same. 

(ET, May 27, 2018)


Reliance Jio 4G struggles in rural markets of India Telecom

Reliance Jio, promoted by India’s richest business-man Mukesh Ambani, has enhanced its rural presence with the 4G subscriber base touching 49.734 million in rural areas in March 2018 from 46.606 million in February 2018.  Reliance Jio, the fourth largest telecom operator in India, added 9.429 million 4G users across India during this period. That means Reliance Jio added nearly 6 million 4G customers in non-rural areas as compared with nearly 3 million in rural locations. Jio does not have 2G and 3G presence. It will be launching 5G.  Reliance Jio is the largest 4G operator in India with 186.560 million subscribers on its all-India LTE network.

(Telecomlead, May 27, 2018)


Airtel says SC dismisses Reliance Jio plea on IPL ads Telecom

Bharti Airtel said the Supreme Court had dismissed Reliance Jio Infocomm’s petition challenging a May 10 Delhi High Court order granting the Sunil Mittal-led carrier a partial reprieve over its Indian Premier League (IPL) multimedia advertising campaign. “The Supreme Court has on Friday dismissed the petition of Reliance Jio, which had filed a special leave petition (SLP) against the order of the division bench of the Delhi High Court, which had set aside the single bench order of the Delhi HC,” Bharti Airtel said in a media statement.

(ET, May 19, 2018)


Hero Electronix acquires IoT venture Zenatix IT

Hero Electronix, the electronics venture of the Hero Group, has acquired a majority stake in enterprise-focused IoT (internet-of-things) solutions company Zenatix. Gurugram-based Zenatix has a proprietary IoT stack that includes hardware, software and machine learning platform that analyses data from connected devices to deliver energy savings, predictive maintenance and consumer analytics. Zenatix had previously raised $1.5 million from a clutch of investors including Blume Ventures, Pi Ventures, Snapdeal founders Kunal Bahl and Rohit Bansal, and Google India MD Rajan Anandan. The acquisition provides an exit to all these investors.

The venture was co-founded by three IITtians, Amarjeet Singh, Rahul Bhalla and Vishal Bansal, in 2013. Its WattMan solution delivers automated and intelligent controls thereby plugging energy and revenue leakages through a centralized single touch point. It counts Vodafone and Domino's as customers and is targeting 100,000 deployments in three years across retail, banking, F&B and hospitality sectors. It analyses over 10 million data points every hour, data that is collected from ACs, ATMs, and milk booths deployed across 1,500 sites, to deliver value in areas such as predictive maintenance and consumer experience analytics.

(TOI, May 29, 2018)


Ravi Shankar Prasad "Digital India has become a mass movement in 4 years" IT

Having completed four years in power, digital delivery of services and employment generation through the common service centre scheme are the biggest achievements of the National Democratic Alliance government, Minister of Electronics and Information Technology Ravi Shankar Prasad told Indian EXpress in an interview. Prasad said that digital health and literacy are areas where work needs to be accelerated. Digital India has become a mass movement touching the life of common and poor people. Four years down the line, common service centre movement has become big. From 23,000 common service centres in 2014, there are 2.91 lakh now. Apart from providing digital delivery of services, they have also created employment for 10 lakh people and have created entrepreneurship.

(Indian Express, May 28, 2018)


Digital India comes of age: Under the Modi government it is giving rise to employment, entrepreneurship and empowerment IT

After coming to power, Prime Minister Narendra Modi gave the vision of Digital India as an important programme to transform India through the power of technology and bridge the digital divide. Other programmes like Start-up India, Stand-up India and Skill India were designed to become an important adjunct to this larger narrative. Four years down the line, empirical evidence suggests that Digital India is not only creating empowerment but also generating employment opportunities and promoting entrepreneurship. Laying down of 2,74,246 km of optic fibre connecting 1.15 lakh gram panchayats under BharatNet, in comparison to a mere 358 km under the previous government, speaks volumes about the speed with which we have created digital infrastructure.

(TOI, May 24, 2018)


Digital India: India to have 700 digital villages by the year-end IT

The network of Common Service Centres (CSCs), which act as access points for delivery of various electronic services to villages in India, are set to be expanded to 2.50 lakh gram panchayats by the year end. According to minister for electronics and information technology Ravi Shankar Prasad, the CSC movement has transformed into a movement of change bringing services such as banking, pension distribution, digital literacy and telemedicine to rural and remote villages through electronic infrastructure. The CSC project is providing sustainable digital access to rural communities and giving necessary impetus for upliftment of the rural community, he said.

(FE, May 24, 2018)


Facebook received over 22K data requests from Indian govt. in 2017 IT

Facebook received more than 22,000 requests from the Indian government for data in 2017, the second highest globally after the US, the social networking giant said. The company in its Transparency Report said it had received 9,853 total requests in January-June 2017, followed by 12,171 requests in the latter half of the year. This is about 62 per cent higher than 2016 when the Indian government made 13,613 such requests. According to the half-yearly report, Facebook — which is the second largest user base for the social networking giant — received 12,171 requests from Indian government agencies for 17,262 users/accounts in the second half of 2017. It had produced some data in 53 per cent of the requests made.

(BusinessLine, May 17, 2018)


WTO dispute on export schemes: India to engage with US General

India today said it will engage with the US to explain its position on export schemes following America's decision to drag India into the WTO against programmes to incentivize shipments, a top official said. America yesterday challenged India's export subsidy programmes such as Merchandise Exports from India Scheme in the World Trade Organization (WTO), saying these initiatives harm the US companies by creating an uneven playing field.

(ET, May 30, 2018)


CAIT files petition in CCI against Walmart-Flipkart deal General

Traders body CAIT today said it has approached the Competition Commission of India (CCINSE 0.00 %) against the Walmart-Flipkart deal, stating that it will create unfair competition and an uneven level playing field for domestic players. The Confederation of All India Traders (CAIT) said the deal would deny market access to non-preferred sellers and impact small traders on offline platform.  The confederation has "filed its objection petition in CCI against the Walmart-Flipkart deal," it said in a statement.

(ET, May 29, 2018)


EC will need 24 lakh EVMs in case of simultaneous polls in 2019 General

If simultaneous elections to the Lok Sabha and state assemblies are held in 2019, the Election Commission (EC) will require nearly 24 lakh EVMs, double the number required to hold only the Parliamentary polls. During their discussion with the Law Commission on May 16 on the issue of holding simultaneous polls, the EC officials had said they would need around Rs 4,500 crore to buy nearly 12 lakh additional electronic voting machines (EVMs) and an equal number voter-verifiable paper audit trail (VVPAT) machines. The estimate was based on the current cost to procure the devices, sources privy to the deliberations told PTI. In case simultaneous polls are held, two separate sets of EVMs and VVPAT machines will have to be placed in separate compartments for those contesting the Lok Sabha polls and the Assembly elections respectively.

(India Today, May 27, 2018)


India Test Fires Second BrahMos Supersonic Missile in 24 Hours General

For the second time in just over 24 hours, the Indian Ministry of Defense’s (MoD) research arm, the Defense Research Development Organization (DRDO), and the Indian Army have test fired a supersonic BrahMos cruise missile. The latest test occurred on May 22 and was fired from an autonomous mobile launcher, the Indian Ministry of Defense (MoD) said in a statement. The launch took place at 11:45 a.m. local time at a test range in Balasore district in the eastern Indian state of Odisha and “fulfilled its objectives,” the MoD said. The launch tested new locally designed components of the BrahMos developed for some of the missile’s subsystems to extend its service life from 10 to 15 years.

(The Diplomat, May 24, 2018)


Cabinet apprised of the MoU between India and Angola for promoting bilateral cooperation in the field of Electronics and Information Technology General

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has been apprised of the Memorandum of Understanding (MoU) the between India and Angola for promoting bilateral cooperation in the field of Electronics and Information Technology. .The MoU intends to promote closer cooperation in the areas of e-Governance, HRD for IT education, Information Security, Electronics Hardware manufacturing, IT embedded Software industry, Telemedicine etc. Background: The Ministry of Electronics and Information Technology (MeitY) has been mandated to promote international cooperation in the emerging and frontier areas of Information and Communications Technology (ICT) under bilateral and regional framework of cooperation. MeitY has entered into MoUs/Agreements with counterpart organizations/ agencies of various countries to promote close cooperation and exchange of information in the area of ICT. To further enhance cooperation with various countries, particularly in view of the new initiatives taken by Government of India like "Digital India", "Make in India" etc., there is an increased need for exploring business opportunities in the technology sector which are of interest.

(BS, May 23, 2018)


The Significance of E-Waste Management In the backdrop of Current IT Boom General

The IT, IT enabled services (ITeS) and electronics has been one of the fastest-growing industries in India, both in terms of production and exports. The Indian electronics products demand worldwide is expected to grow at a CAGR of 41% during 2017-20, and expected to reach US$ 400 billion by 2020. According to NASSCOM, exports in the IT-BPM sector is set to grow at 7-8% while domestic market is set to grow at 10-11% adding 130,000-150,000 jobs by FY2018. Additionally, India being the second largest mobile phone producer in the world after China, annual production of mobile phones in the country has increased from 3 million units in 2014 to 11 million units in 2017, according to data shared by Indian Cellular Association (ICA).

(Entrepreneur, May 23, 2018)


RCom unit to pay Rs. 232 cr to settle with minority investors, shares spike General

Reliance Communications' tower arm has reached a settlement with minority investors including HSBC Daisy Investments, a big step towards clearing the way for the sale of the telco's towers and fibre assets to Reliance Jio. The move pushed up RCom's scrip 6.21% on the Bombay Stock Exchange to Rs 16.25.  According to sources, the Anil Ambani owned company has agreed to pay Rs 232 crore to the minority investors for settling the issue.

(ET, May 30, 2018)


HAL keen to supply Navy with light utility helicopters General

Putting its hat in the ring for a naval requirement of light utility helicopters, state-owned aircraft manufacturer Hindustan Aeronautics Limited (HAL) has asked the defence ministry to consider its indigenous chopper as well, against just looking at international companies like Airbus and Bell for replacements.  Sources have told ET that the state-owned company has informed the defence ministry about the progress in its light utility helicopter (LUH) programme that undertook its first flight in September 2016 and is planned for production starting this year.

(ET, May 19, 2018)


Dynapower and Raychem RPG Announce Technology Transfer & Licensing Agreement to Bring Dynapower Energy Storage Technology to India and Neighboring SAARC Countries General

Dynapower and Raychem RPG are pleased to announce they have executed a technology transfer and licensing agreement to bring Dynapower’s energy storage inverter technology to India and neighboring SAARC countries. Indian Prime Minister Narendra Modi recently hailed energy storage of solar energy in India as, “[the] next big technological revolution.”  “Dynapower is proud to work alongside Raychem RPG to help realize this revolution,” said Peter Pollak, Dynapower CEO. “For over 50 years we have deployed our power electronics around the world and pioneered the development of energy storage inverters, including the first UL-1741 listed smart inverter. We are excited to bring our technology and know-how to India as well as the SAARC countries as part of the agreement.”

(DynaPower, May 17, 2018)


Universal Robots Expects India Biz to Grow Over 100pc General

Denmark-based Universal Robots expects its business in India to grow over 100 per cent with adoption of its robots in sectors like apparel, finance and electronics, the company said. "Universal Robots has been shipping to India since last 5-6 years. We opened our office here three years ago. Automobile and automotive component makers have been early adopters of our robots. Now electronics, apparel and finance are opening up. We expect our business to grow over 100 per cent year-on-year," Universal Robots General Manager for South Asia Pradeep David said.

(News18, May 17, 2018)


New electronics policy soon: IT minister Ravi Shankar Prasad Policy

The Digital India programme has transformed into a "mass movement" and the government will soon finalize a new electronics policy to build on the momentum, IT minister Ravi Shankar Prasad has said. It will also push ahead to meet the ambitious goal of increasing the size of India's digital economy to $1 trillion in the coming years. We are soon going to finalize the new electronics policy whose sub-segment will be export-oriented initiatives in the field of electronics. The idea is to make India a big hub of electronics manufacturing to serve domestic as well as outside markets," Prasad told PTI.

(TOI, May 27, 2018)


East Delhi complex first to get rooftop solar plant, will generate electricity at Rs 2.50 per unit General

Milan Vihar Apartments in east Delhi’s IP Extension became the first group housing society in the capital to get its own rooftop solar power plants. Inaugurated by Chief Minister Arvind Kejriwal, the 140 kWp plant will generate electricity at Rs 2.50 per unit for 1,600 residents living in approximately 400 flats.

Kejriwal said the panels were set up under the RESCO (Renewable Energy Service Company) model, in which the cost of the installation — Rs 77 lakh in this case —is borne by a private company. “Under the agreement, the company sets up the plant and generates electricity at Rs 4.66 per unit for 25 years. The Delhi government will provide a Rs 2 subsidy — which means people will pay Rs 2.66. The Central government will pay 30% of the capital cost,” he said.

According to officials, the Delhi government, Indraprastha Power Generation Co. Ltd and Energy Efficiency & Renewable Energy Management Centre (EEREM) have signed an agreement under which electricity has to be provided at the same rate for 25 years.

(Indian Express, May 14, 2018)


Telecom companies ask TRAI not to penalise them over minor service issues Telecom

Telecom companies have asked the sector regulator to take a pragmatic view on levying penalties, especially over marginal deviations from quality of service benchmarks as some of those may have been caused by natural events such as floods or heavy rains.

Carriers have argued that deviations may have been due to unforeseen circumstances, system failures or factors beyond the control of the carriers, for which they should not be penalised, and have sought for individual hearings to explain their stand.

(ET, May 14, 2018)


AI could smoothen your interactions with mobile service providers Telecom

If you get frustrated at the very thought of connecting with your mobile service provider for the time it takes to complete an interaction, there is hope. A new Ericsson report on Monday said that Artificial Intelligence (AI) and automation have the potential to solve such issues with minimal effort.

Currently, it takes customers on average 2.2 attempts and 4.1 days to successfully complete an interaction with their mobile service providers, said the Ericsson “Consumer and IndustryLab” report. For the study, titled “Zero Touch Customer Experience”, responses from approximately 7,000 online interviews with smartphone users aged 16 years and over across the globe were analysed.

The results showed that consumers expect telecom service providers to match leading digital consumer experiences.

More than half (56 per cent) of the smartphone users expect operators to anticipate their needs even before they realise what they are, it said.

The new zero-touch methods, such as those used in voice-enabled home assistant devices such as Amazon Alexa, can do away with need of typing, clicking and swiping on our devices.

(Dailyworld, May 14, 2018)


IIT Madras ropes in Keysight Technologies for 5G test solutions Telecom

The Indian Institute of Technology (IIT) Madras has roped in the US-based Keysight Technologies to provide fifth-generation or 5G technology test solutions for government-driven test bed coming up at the southern metropolitan.

The Department of Telecommunications (DoT) is setting up an open test bed at IIT Madras, with the Union Budget allocation of Rs 224 crore towards it to foster innovation, and research and development (R&D) activities in India on a collaborative model. The Narendra Modi-led government is aiming to roll out 5G by 2020, in line with other advanced markets worldwide.

The California-headquartered electronic measurement firm, however, did not reveal the deal size or the revenue opportunity arising out from the new contract it bagged but said that it was a ‘significant milestone’ for it.

(ET, May 08, 2018)


Consulting international agencies, experts on spectrum auction: TRAI chief Telecom

Telecom regulator TRAI is in the midst of consulting various international agencies and experts, and hopes to finalize its recommendation on spectrum auction "soon", Chairman R S Sharma has said. Asked about the status of recommendation on spectrum auction, Sharma said that a review meeting on the same was held in the Telecom Regulatory Authority of India (TRAI) last week.

"There is a lot of work being done. We are consulting international agencies, consultants we well as experts and we will come out with our recommendations soon," Sharma told . But he declined to give a specific timeframe for the finalization of recommendations on the issue. The government is planning to hold the largest-ever spectrum auction of 3,000 MHz radio waves in the upcoming sale.

(PTI, May 06, 2018)


DoT targets $100 B Investment by 2020 Telecom

The telecom department (DoT) has unveiled the broad contours of the next policy, which will aim to attract investments worth $100 billion by 2020 in the digital communications sector, create four million additional jobs and enhance the sector’s contribution to 8% of India’s GDP from about 6% in 2017, while adhering to the principles of net neutrality. Under The National Digital Communications Policy 2018, the government plans to optimally price spectrum, review levies such as licence fees and spectrum usage charges as well as M&A rules to ease exits while also taking a fresh look at spectrum sharing, leasing and trading guidelines, as part of its approach that spectrum is a key natural resource to be used for public benefit.

(ET, May 02, 2018)


Govt. may ask firms to set-up servers locally by 2022 under NTP Telecom

The government, under new National Telecom Policy, may come up with provisions on data sovereignty and ask all companies hosting data of Indians to set-up servers in the country by 2022, according to official sources aware of the development.

Under the provision of NTP 2018, the draft of which is scheduled to be released on May 1, the government may ask telecom service providers to ensure that messages, emails etc. of Indian citizens are kept within boundaries of the country unless addressed to people staying overseas.

"The NTP is being framed with vision to give access of all services to people at click of a button. For most of the things like education, government services and even health people should not need to visit physically. There will be lot of data generated for all this. Hence, NTP is likely to propose setting up of all servers hosting data of Indian citizens and entities to be kept in local servers by 2022," the source said.

(TOI, Apr 30, 2018)


Electronics Giant LG launches Enterprise Blockchain platform, Monachian IT

LG, popular worldwide for their consumer electronics is launching an Enterprise Blockchain platform called Monachain which can be used in multiple offline and online sectors.

Monachain was developed by the Blockchain department in LG’s IT subsidiary CNS. Their initial focus is to use Blockchain for common problems like logistics, supply chain management and digital authentication.

(Crypto News, May 14, 2018)


Why data security must be government’s top priority for Modi’s ‘Digital India’ to become reality IT

According to the Ministry of Electronics and Information Technology, India witnessed more than 27,000 cyber security threats in the first six months of 2017.

According to the Ministry of Electronics and Information Technology, India witnessed more than 27,000 cyber security threats in the first six months of 2017. The number presents a strong case for data security and the need for records management in government institutions. Further, with the increasing internet penetration and emphasis on the Digital India initiative, securely managing government records has become the need of the hour. Records Management is an important initiative undertaken by any organisation. In order to effectively manage government records, a robust Records Management System (RMS) is the key.

(FE, May 14, 2018)


Apple will have to come to India sooner or later: MeitY officials IT

US tech giant Apple Inc has to come to India for manufacturing, sooner or later, as it will not like to miss the growth in India, sources at the Ministry of Electronics and Information Technology (MeitY) said.

Various sources at the Ministry said the company cannot ignore the fact that others like Samsung and Xiaomi are doing well in India, and that India will not give in to its ‘extra’ demands for setting up manufacturing here.

“Their demands are different from others and without their assuring jobs or benefit for Indians, how can we tweak policy for them? If they create jobs for, for instance, one lakh Indians or invest in land here, then may be we can think of something,” a top official at MeitY told BusinessLine.

(BusinessLine, May 07, 2018)


Telecom Commission approves Wi-Fi services on flights in India IT

Air travellers in India will soon get in-flight internet access, with the Telecom Commission, the highest decision-making body at the telecom department, approving the proposal on Tuesday.

“We will now have to create a separate category of licensees called in-flight connectivity provider. These will provide internet as well as voice services within Indian territorial airspace... in both domestic and international flights,” telecom secretary Aruna Sundararajan told reporters.

The telecom department will now start the process of framing license terms for in-flight connectivity (IFC) providers and then invite applications, she said, adding that this process could take three months. IFC providers will be required to pay an annual license fee of Re1 initially.

(LiveMint, May 01, 2018)


India, Japan keen to bolster cooperation in cyber security, start-ups IT

Electronics and IT Minister Ravi Shankar Prasad today met Japan's Minister of Economy Trade and Industry Hiroshige Seko and discussed wide ranging issues including creation of start-up hub, cooperation in the field of cyber security and exchange of IT professionals.

"There is a great convergence between the two countries... The minister has expressed a keen desire to work more into the field of cyber security. As he rightly puts it, Japan is the centre of hardware and India is the center of software...how can we work together more and more," Prasad said after the meeting. During the talks, Prasad called for a mutually complimentary relationship between two countries leveraging the hardware potential of Japan and India's digital prowess.

(PTI, May 01, 2018)


Walmart-Flipkart deal shows both Indian e-commerce’s coming of age & repetition of history General

Walmart’s acquisition of Flipkart demonstrates both Indian e-commerce’s coming of age and a repetition of history.

US giants will spend billions in India because they see huge opportunities, and this will produce a short-term boon for Indian consumers.

When the dust settles, though, prices will rise and consumer choices will become more limited than they had been. Foreign companies will mine data and manipulate consumer preferences. They will have once again colonised India’s retail industry.

(ET, May 15, 2018)


The defence and electronics sectors are driving India’s manufacturing industry General

The Digital India scheme introduced by the government in a bid to advanced technology across the nation has seen the rise of electronics manufacturing.

As part of the scheme, India has announced the target of net zero imports in the country by 2020. India’s budget has levied a 10% import duty of several components of smartphones to discourage imports, including print circuit boards (PCBs).

The Chinese electronics manufacturer has recently opened smartphone facilities in the country and has now started producing PCBs in India along with Samsung.

(Manufacturing Global, May 14, 2018)


Infineon launches new Development Center for automotive electronics and artificial intelligence in Dresden General

Infineon is setting up a new Development Center at its Dresden location. The company is planning to create around 100 additional new jobs in the first phase. The new Development Center is expected to employ a total of around 250 people in the medium term. One focus of it will be to develop new products and solutions for automotive and power electronics, as well as artificial intelligence. It is scheduled to be launched in the course of the 2018 calendar year.

In Dresden, the Infineon Group already has one of its largest and most cutting-edge locations for developing wafer technologies and manufacturing processes, as well as a highly automated production plant. 2,200 employees carry out research into and develop technologies for microcontrollers, sensors and power semiconductors and make chips there – including for the automotive industry. System integration is gaining in importance to enable complex interaction between semiconductors in more and more technically sophisticated cars. Modeling complex systems and developing highly integrated products will be one of the new Development Center’s core tasks in addition to chip design.

Infineon, May 11, 2018)


India automotive industry to grow at 10% CAGR between 2018-2023: Research Cosmos General

The Indian automotive manufacturing sector is expanding at a fast rate, which is making the country one of the fastest-growing automotive manufacturers in the world. With an annual production of nearly 4.5 million units in 2016, the country was the fifth-largest automobile manufacturer in the world, falling behind China, the United States, Japan, and Germany. The country’s automotive industry was the second-fastest growing among the top 10 vehicle manufacturers, with an annual growth rate of 7.9%, which was second only to China in 2016. The annual vehicle production in the country grew from 3.89 million units in 2012 to 4.49 million units during the same year. In addition to this, the country’s Automobile Mission Plan aims to lead India to be among the top three automobile manufacturers in the world by 2026. Incentives from the government, rising disposable income, lower auto financing interest rates, increasing FDI in the automotive sector, along with the country being ranked at 30th position in the global manufacturing index by the World Economic Forum, are the factors expected to drive the automotive industry in the country, registering a CAGR of over 10% over the forecast period.

(ElectronicsB2B.com, May 10, 2018)


Nokia acquires US-based IoT startup SpaceTime Insight General

Nokia on Monday said it has acquired California-based startup SpaceTime Insight to expand its Internet of Things (IoT) portfolio and IoT analytics capabilities. SpaceTime Insight provides machine learning-powered analytics and IoT applications for some of the world’s largest transportation, energy and utilities organisations, including Entergy, FedEx, NextEra Energy, Singapore Power and Union Pacific Railroad. Besides the US, the company has offices in India, Canada, UK and Japan.

Designed specifically for asset-intensive industries, the machine learning models and other advanced analytics of SpaceTime Insight predict asset health with a high degree of accuracy and optimise related operations, thereby helping its customers cut cost and risk, while increasing operational efficiencies and reducing service outages. Without divulging the terms of the deal, Nokia said the acquisition will accelerate the development of the company’s IoT offerings to deliver high-value IoT applications and services to new and existing customers.

(BGR India, May 07, 2018)


PUSHING MAKE IN INDIA TO DEVELOP DEFENCE: MIN General

Highlighting the fact that a nation cannot be “truly” self-reliant until it is able to develop and manufacture its weapon systems, Defence Minister Nirmala Sitharaman said here on Tuesday the Government is promoting ‘Make in India’ projects to develop the Indian defence industry.

Making this point here while addressing the bi-annual Navy Commanders’ Conference, she said the Government is also promoting the medium and small scale enterprises in the ‘Make in India’ venture to gain access to world class technology. Appreciating the role of the Indian Navy in indigenization, she said its active role in engaging a wide range of research and development and production agencies is indicative of its commitment to self-reliance.

Towards this endeavour, the Combat Management System for the Indigenous Aircraft Carrier being developed with a private vendor (M/s Tata Power SEO) is a big step towards Strategic partnership between the defence ministry and industry.Programme ‘Samudrika,’ which will result in achieving 100 percent indigenisation of the electronic warfare fit onboard Indian warships is also reflective of Indian Navy’s continued effortstowards indigenisation, she said. The minister also noted that shipbuilding projects worth over Rs 32,000 crore were tendered and progressing towards contract conclusion. Projects worth Rs760 crore for construction of yard crafts are also being targeted for early conclusion through private and small shipyards, to bolster the ‘Make in India’ initiative and provide the necessary impetus to the Indian shipbuilding industry, Sitharaman said.

(The Pioneer, May 09, 2018)


Govt. recommends green registration plates for electric vehicles General

The Union road transport and highways ministry has recommended green registration plates for electric vehicles (EVs) so as to identify them for preferential treatment, such as special parking or discounted tolls.

The ministry will soon issue a notification specifying the colour of the plates to be used by these vehicles, two senior government officials said on condition of anonymity. According to the ministry’s proposal, while the registration plates of private electric vehicles will have a green background with numbers and letters in white, those of commercial electric vehicles will have a green background with numbers and letters in yellow, the officials added.

Federal think tank Niti Aayog, which is framing the draft policy for EVs, had recommended green registration plates for such vehicles. It has also constituted a team comprising seven ministries such as power, road and heavy industries to frame guidelines to promote such vehicles.

(HT, May 04, 2018)


Morgan Stanley says draft of new telecom policy shows fibre is a priority Telecom

Brokerage firm, Morgan Stanley says the draft of the new telecom policy has provided for increased fibre roll outs, additional spectrum that will quicken 4G/ 5G spread , simplified regulatory framework , made provisions for local manufacturing and aims bring in comprehensive data protection regime.

The telecom department on Wednesday unveiled the broad contours of the next telecom policy which will aim to attract investments worth $100 billion by 2020 in the digital communications sector, create four million additional jobs and enhance the sector’s contribution to 8% of India’s GDP from about 6% in 2017, while adhering to the principles of net neutrality.

(ET, May 02, 2018)


New Zealand electronics firm Rakon to buy out Bengaluru’s Centum in JV General

Bengaluru-based Centum Electronics Ltd has agreed to sell its entire 51% stake in a joint venture with Rakon Ltd to the New Zealand electronics maker. The company will sell the stake in Centum Rakon India Pvt. Ltd for $5.5 million (Rs 36.5 crore), it said in a stock-exchange disclosure. Centum Rakon makes frequency-control products for telecom infrastructure. After the acquisition, Rakon’s holding in Centum Rakon will go up to 100%.

According to the agreement, Centum Electronics will receive 75% of the deal amount immediately and the remaining 25% over a period of 18 months from the signing date. The deal is likely to be closed.

(VC Circle, Apr 30, 2018)


Execution of new telecom policy real test to shape sector's future Policy

TAIPA; The proposed telecom policy addresses issues of all players, but only its effective implementation will determine the growth of the sector, Tower and Infrastructure Providers Association (TAIPA) today said.

"It (telecom policy) is the first right step but the most critical part will be the on-ground implementation and alignment of state governments with central government's rulings and guidelines," TAIPA Director General TR Dua told . He said the draft policy addresses issues with regards to all stakeholders but its implementation will be the most critical part to shape up the sector and prepare the country for the future.

Telecom infrastructure companies, mainly mobile tower firms, continue to face challenge while rolling out networks despite central government notifying 'Right of Way (RoW) rules, which refer to norms for rolling out telecom infrastructure.The draft National Digital Communications Policy, 2018 proposes to create a broadband readiness index for states and union territories that will help them attract investments and address RoW issues.

(TOI, May 08, 2018)


Samsung eyes 40% share of Indian microwave market in 2018 General

Consumer electronics major Samsung is aiming 40 per cent market share in the microwave segment in India by the end of this year on the back of more innovative range of products, a top company official has said.

In 2017, Samsung had 33 per cent market share in the segment by volume in the country and 35.5 per cent by value in 2017. In 2013, it had 22 per cent market share by volume and 23.5 per cent by value.

"We are looking to better our market position and we would be touching 37 per cent (market share) by the end of first half of 2018)... We would touch market share of 40 per cent by the end of this year as we launch more innovative products," Samsung India vice president consumer electronics business Rajeev Bhutani told

(ET, Apr 23, 2018)


Solar cell imports: EU, Japan question safeguard duties recommended by India General

The European Union and Japan have questioned the preliminary safeguard duties of 70 per cent on imported solar cells recommended by the Directorate General of Safeguards in India, adding to the on-going debate on the appropriateness of the duties.

“In a meeting of the World Trade Organization (WTO) Safeguards Committee on Monday, the EU and Japan criticized the conduct of the investigations and the initial findings leading to the proposed safeguard duties on solar cells in India. New Delhi, however, stated that it follows WTO rules and regulations on the imposition of safeguard measures,” a Geneva-based trade official told BusinessLine.

(BusinessLine, Apr 25, 2018)


India probes dumping of EVA sheets for solar modules by 5 nations General

India has initiated a probe into the alleged dumping of EVA sheets used in solar cell industry, imported from China, Malaysia, Saudi Arabia, South Korea and Thailand.

The investigation on imports of 'Ethylene Vinyl Acetate (EVA) sheets for solar modules' is carried out by the Directorate General of Antidumping and Allied Duties (DGAD), which is an arm of the commerce ministry.

In the probe, the directorate would determine the existence, degree and effect of the dumped products on the domestic industry.

(BS, Apr 17, 2018)


India mobile manufacturing industry to touch Rs 132000 cr by 2018: Ravi Shankar Prasad Telecom

Indian mobile manufacturing industry is expected to touch Rs 1,32,000 crore by end of 2018, said Ravi Shankar Prasad, Union Minister, of Electronics & Information Technology.

In India, about 110 million mobile phones were manufactured in 2015-16 as compared to 60 million in 2014-15 thereby recording over 90% growth.. Moreover, India’s mobile manufacturing industry produced mobile phones worth Rs 54000 crore in FY15-16 as compared to Rs 18900 crore in FY14-15. By the end of 2017, the number reached Rs 94000 crore.

(ET, Apr 26, 2018)


Nokia focusses on North-East for ‘faster growth Telecom

Mobile phone-maker Nokia, which re-entered Indian markets in June last year, is looking at a “faster growth” in the North-East. Apart from leveraging its brand recall, Nokia is ramping up the portfolio spanning all price points (across feature and smartphones) as its USP in the region.

Typically, the North-East includes Assam, Tripura, Manipur, Mizoram, Arunachal Pradesh, Nagaland, Meghalaya and Sikkim.

According to Amit Goyal, Business Head, North and East, HMD Global — makers of Nokia phones — the company is already ramping up its distributor network there with focus on smaller towns.

(BusinessLIne, Apr 25, 2018)


Asus Zenfone Max Pro M1 launched in India: Price, specs and more Telecom

Taiwanese electronics company Asus launched a new smartphone in affordable range in India in exclusive partnership with Flipkart.

The smartphone, named Asus Zenfone Max Pro M1 will come in three variant. The Zenfone Max Pro has been priced at Rs 10,999 for the 3GB + 32 GB variant. The device with 4GB + 64GB variant will come at Rs12,999, the variant with 6GB + 64GB will come at Rs 14,999.

The phone sports a 5.99-inch FullHD and it will be powered by Qualcomm Snapdragon 636 processor.

(Zee Media Bureau, Apr 23, 2018)


Xiaomi, India’s largest smartphone maker cruising along in startup mode Telecom

Xiaomi, India’s largest smartphone maker intends to keep its “startup culture” intact even as it expands into new categories such as TVs.

The Chinese company has not defined performance parameters or sales targets for its 400-plus employees in India, making it a one-of-a-kind organization in the Rs 1.5 lakh-crore mobile and consumer electronics industry, where chasing numbers is the norm. Xiaomi entered India four years ago and now counts the country as its second-largest market, after China. It moved into a new office in Bengaluru earlier this week, with a capacity for 750 seats, a likely indicator of plans to ramp up the headcount according to three senior industry executives.

(ET, Apr 20, 2018)


Samsung Electronics Selected as Most Trusted Brand in India Telecom

Samsung Electronics has been chosen as the most trusted brand in India, a mega market of 1.2 billion people, for the second consecutive year. LG also ranked third from two years in a row, enhancing its brand value

On April 18, the Economic Times, a major economic daily in India, reported that Samsung Electronics was selected as the most trusted brand in India according to a survey conducted by TRA Research, a market research agency in India. Since being established in Mumbai, India in 2011, TRA Research has conducted a brand survey and announced the results every year.

Samsung, which ranked 18th in 2016, has come in first since last year. Japan's Sony and LG nabbed the second and third spots, respectively. India’s Tata Group placed fourth. Apple sat fifth, one notch down from last year. PC maker Dell came in sixth and Japanese automaker Honda, seventh. Nike, a sportswear maker, climbed by 29 notches to No. 8. PC maker Hewlett-Packard and automaker Maruti Suzuki finished ninth and tenth, respectively. Oppo, China's smartphone maker, landed on 11th place and Google, 18th place.

(Business Korea, Apr 19, 2018)


Make in India: Lemon Mobiles to invest Rs 150 crores in new manufacturing facility Telecom

Noida-based Lemon Mobiles will be spending Rs 150 crores in setting up a manufacturing facility for mobile phones and LED televisions, the firm in a statement Wednesday said.

The production unit, according to the company, would be equipped to produce 1 million mobile handsets every month, and is expected to become operational by 2020.

The firm also claimed to hit Rs 1,000 crore top line in next three years, and said that it would also company come up with an R&D and testing lab in Shenzhen, China to design the next-generation mobile handsets.

(ET, Apr 18, 2018)


US-based i-Life Digital Partners with Flipkart to Enter the Indian Electronics Market IT

US-based i-Life Digital Technology, today announced signing an exclusive partnership with Flipkart, India’s largest e-commerce platform, to enter the Indian electronics market. I-Life has started accepting pre-orders of its top-selling “ZED” range of budget-smart products for Indian consumers in its maiden sale and will start delivering from May 3 onwards. The company is targeting first-time buyers and consumers in tier 1&2 cities by leveraging Flipkart’s country-wide network.

The “ZED” series includes: ZED Book 2-in-1 Detachable Laptop (in gold and grey), ZED Air laptop (in silver and grey) and ZED Air Pro (silver) ultra-slim notebook (the slimmest notebook in its category). These products, according to IDC, ruled the top spot in the entry-level notebook and tablet category last year in the META region. All the products are attractively priced in the INR 10,000 -15,000 range.

(BW Online Bureau, Apr 23, 2018)


Broadcasters push for bundled ad sales as more viewers go digital IT

With the rapid rise in video consumption over digital platforms, broadcasters are pushing for bundled advertising sales for television and digital to unlock greater value. For IPL 2018, Star India is offering bundled advertising spots across Star Sports and Hotstar at Rs 10 lakh per 10 seconds compared with just Rs 5.85 lakh to Rs 6.5 lakh for a 10-second TV spot last year on Sony. 
The response has so far been mixed. While some advertisers like Vivo and Coca Cola have opted for the bundled deals, others have chosen either TV or digital. But the concept has definitely created a buzz in the market. Most media experts agree that with falling data prices and increasing smartphone penetration, bundling is definitely a trend to watch for.                 

(ET, Apr 23, 2018)


Indian Intelligence Services monitoring Russia's war on Telegram IT

Indian intelligence services are "closely following" the progress of Russia's ongoing effort to shut encrypted messaging giant Telegram, a senior government official has told Business Standard. The move comes amid mounting concerns in India over the use of encrypted messaging services by criminal organizations and terrorists -but also about illegal surveillance by the government.

Last week, Russia's top court granted a request by the country's federal security service, the FSB, to block Telegram after it declined to decrypt messages sent by an individual involved in the St Petersburg metro bombing on April 3, 2017. Sixteen people were killed, including the perpetrator, and another 64 people were injured in the jihadist attack.

(BS, Apr 21, 2018)


Electronics exporter Syrma sets up domestic production unit General

San Jose and Chennai based Syrma Technology, an exporter of electronic products and solutions announced its foray into the domestic market with a $10 million investment in its fifth manufacturing unit in the Delhi-Mumbai corridor. The unit will service the opportunities in the Indian market and will focus on the Auto, Industrial, Aerospace & Defence and Healthcare sectors which the company already makes products for.

Syrma designs and manufactures RFID tags, Magnetic products, Printed Circuit Boards Assembly (PCBAs) and box builds for a range of applications. In addition to two units in the Madras Export Processing Zone (MEPZ), Chennai the company has two manufacturing units located in Tamil Nadu and Maharashtra.

(ET, Apr 26, 2018)


Electronics giant Philips posts 27% drop in Q1 profits General

Dutch electronics giant Philips today posted a 27 per cent drop in first quarter profits, hit partly by the costs of restructuring and some acquisitions as it evolves its portfolio.

Net income fell in the first three months to 94 million euros (USD 115 million) compared to 128 million euros over the same period in 2017, the company reported in a statement.

Best known for the manufacture of light bulbs, electrical appliances and television sets, the Amsterdam-based company has gradually pulled out of these activities in face of fierce competition from Asia.

It focuses now more on high-end medical and health technology, such as computer tomography and molecular imaging, as well as household appliances.

(PTI, Apr 23, 2018)


India, Finland settle Nokia tax row General

India and Finland have reached an accord on the tax dispute with Nokia under the Mutual Agreement Procedure (MAP), clearing the way for the sale of the company’s Chennai plant, which has been idle for more than three years, officials said. This involves a payment of Rs.1,600 crore, a sum that was deposited with the government by Nokia in March. The resolution covers disputes pertaining to Nokia India as well as Nokia Corp., said the officials.

Soon after taking over in 2014, the Narendra Modi government had pledged to put in place a taxpayer friendly regime and take steps to reduce litigation. Nokia India had been issued a demand notice for Rs 2,500 crore in 2013, which underwent rectification to remove errors to Rs 1,600 crore. A Rs 10,000 crore tax raised on Nokia Corp. for the same transaction on the grounds that it had a permanent establishment in the country — a move regarded as overzealousness on the part of the department by some — was not found sustainable and has been dropped.

(ET, Apr 20, 2018)


Prabhu promises exporters to take up GST refund issue General

Commerce and Industry Minister Suresh Prabhu on Wednesday assured exporters of taking up the issue of Goods and Service Tax (GST) refund with the finance ministry and said he plans to call a ministerial meeting to discuss export related issues.

As exports dipped in March after a gap of four months, Prabhu sought a detailed action plan from exporters of all sectors in an interaction with them here.

“I have asked exporters to give me the details of the pending refund. GST refund is a major issue for exports. I will take it up with the finance ministry,” he said.

(ET, Apr 19, 2018)


DoT to release draft National Telecom Policy on May 1 Policy

Moneycontrol reported that at the Annual General Meeting of US industry body Amcham, Telecom Secretary Aruna Sundararajan informed that the direction of the new policy, which is likely to be early as on May 1, will be reform-oriented.

She further said that it will be investor friendly and bring down the cost of compliances and that the proposed NTP 2018 will be placed for public comments for 15-20 days.

After the public comments, the Department of Telecom (DoT) will start inter-ministerial consultation on the policy and thereafter approach the Cabinet for final approval, she said.

The NTP 2018 is expected to present a growth road map of the Indian telecom sector, which is reeling under debt of around Rs. 7.8 lakh crore, for a period of next five years. Telecom operators have demanded that the government lower spectrum usage charges, licence fees and other levies on the sector to make business viable.

(Electronics B2B.com, Apr 27, 2018)


Framework for national e-commerce policy to be finalized soon this year Policy

A think tank of key stakeholders headed by commerce minister Suresh Prabhu will finalize a framework for a national e-commerce policy in six months’ time that will settle India’s stand on key issues such as taxation, competition policy, foreign investment and server localization, among others.

India has been finding it difficult to arrive at a consensus on a domestic e-commerce policy to effectively respond to a proposal for multilateral discipline in e-commerce at the World Trade Organization (WTO) as various government departments have contradictory views on the matter, Mint first reported on 7 March, 2017.

For example, while the department of telecom wants server locations of global e-commerce companies operating in India to be based in the country, the ministry of electronics and information technology supports no such restriction.

(LiveMint, Apr 25, 2018)   


Intex steps up phone manufacturing investments in India Telecom

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 leading device companies in India, is setting up a new manufacturing facility in Kasna, Greater Noida (Uttar Pradesh) as part of its strategy to consolidate all the Noida manufacturing capacity at a single location. The Kasna manufacturing unit will have mobile production capacity of 40 million per annum against the current capacity of 2 million per month.

The expansion plans of Intex reflect the consumer demand in India. India’s mobile subscriber base of over 1.05 billion creates enormous opportunities for handset manufacturing companies in India. The Indian electronics industry is anticipated to reach $400 billion in 2022 with projected growth of compound annual growth rate (CAGR) of 24.4 percent during 2012-2020.

(TelecomLead, Mar 19, 2018)


Huawei to expand handset making capacity in India Telecom

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 to boost local smartphone manufacturing in a bid to target a 10%-plus market share in India from the present level of about 2%. 

“We have given a commitment to India’s telecom minister Manoj Sinha to deepen our ‘Make in India’ engagement and build local capacity, and India will play a much bigger role towards our goal of becoming the world’s third-largest smartphone brand in the next five years,” Peter Zhai, president, Huawei India’s Consumer Business Group, told ET on the sidelines of Mobile World Congress 

(ET, Mar 18, 2018)


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

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 the world’s most populous nation. The effort has had mixed results, at best, in the past.

With a trade war brewing between the world’s two largest economies, the goal has gotten loftier still.

Tim Cook, chief executive officer of Apple, Sundar Pichai, CEO of Google, and Ginny Rometty, head of IBM, are scheduled to attend the China Development Forum, an annual gathering that helps Western corporations build relationships with the country’s government officials.

(ET, Mar 24, 2018)


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

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 competition, which has led to a sharp fall in prices. 
Indian industry executives say the decision to allow a company the size of BYD to participate in the recent tenders goes against the government’s ‘Make in India’ mission and will create jobs in China instead of in India.

 (ET, Mar 23, 2018)


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

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 projects in India.

The delegation headed by Shiyong Hong, Vice President, China Chamber of Commerce and Export Machinery and Electronics Products (CCCME), is seeking to facilitate interface between Chinese and Indian companies exploring the potential to work on upcoming projects.

The Smart Cities Council India, part of the global consortium of smart cities, is organizing the 5th Smart Cities Summit Sm@rt Urbanization at Hyderabad International Convention Centre to analyze the learnings and impact assessment.

Speaking at the conference being held here, Shiyong Hong, Vice President, China Chamber of Commerce and Export Machinery and Electronics Products (CCCME), said, “China and India are the two largest developing countries with same strategies and dreams. Chinese President and Indian Prime Minister have met each other more than 10 times in the last 3 years. We need to match our strategies and explore potential for mutual growth.”

(Business Line, Mar 21, 2018)


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

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 back the price increase on television sets. 

A notification issued by finance ministry on Friday evening said the government has reduced duties on open cell displays of 15.6-inch and above from 10% to 5%. This constitutes almost 95% of the television market. The government had imposed 10% duty on open cell panels in the last Budget as compared to nil which was earlier. 

(E, Mar 23, 2018)


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

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, this month, we will place it on the Department’s website for public comments. We will bring it in the next session of Parliament,” said Sinha on the sidelines of ‘Deendayal SPARSH Yojana’ award ceremony.

He said the recent Cabinet nod to the telecom relief package — that entails giving more time to companies to pay for the spectrum they bought as well as liberalized spectrum caps — will ensure that the historic success of the sector continues unabated.

(Business Line, Mar 21, 2018)


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

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 Centre has decided to notify a standardized list of documents that all officers will have to stick to while processing claims.

“The Revenue Department has agreed to come up with a specific list of documents so that exporters know what papers to produce while claiming refunds and can't be harassed for more,” a government official told Business Line.

The standardized list will be circulated to all field offices and States and it would be made clear to all that no document beyond what is mentioned in the list could be demanded from exporters, the official added.

(Business Line, Mar 21, 2018)


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

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

Download:


Government to hold talks on new electronics policy 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 industry and other stakeholders is slotted for the last week of September. 

According to a senior official of the ministry of electronics and IT (MEITY), work has already started on new draft. 

The idea is that we have reached a certain level of momentum, now how do we take off from there,” Ajay Kumar, additional secretary, MEITY told ET. One of the big focus areas of the current government has been to develop India not only as a domestic manufacturing hub but also as a large-scale export destination. 

Kumar added that due to continuous efforts of the last few years, India has already taken a lead in the areas such as mobile manufacturing, automotive, LED and consumer appliances. 

(ET Sep 17, 2017)

 


TRAI suggests norms for app-based calls Telecom

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).  It said international termination charges should be paid to the terminating access service provider.  The recommendations are meant for service providers holding valid telecom licences and exclude calls made from mobile apps such as Whatsapp, Viber and Google Duo.

(Business Line, Oct 25, 2017)


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

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 the recent WannaCry ransom ware.

While researching the latest activities of the infamous cybercriminal group, Kaspersky uncovered a number of compromised servers being used as part of the threat actor’s global command-and-control infrastructure, the software company said.

(Business Line, Oct 25 2017)


E-tailers’ global warehouses may come under tax net General

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 (MLI) to prevent  base erosion and profit shifting (BEPS) comes into force.

BEPS refers to the reporting framework mooted by the Organisation for Economic Co-operation and Development (OECD) and signed by over 100 countries, including India to prevent exploiting gaps and mismatches in tax rules to shift profits by multinational companies (MNCs) artificially to low-tax regimes.

(BS, Oct 31, 2017)


Hexagon developing solutions for Indian smart cities IT

Hexagon AB, a global provider of information technology solutions, is integrating various technologies to come out with customized solution for Indian smart cities, the company's India head said.

The Swedish company is working on the major initiative where all its businesses are coming together to develop strong solutions on smart city.

Pramod Kaushik, President, Hexagon India, said they had already developed technologies which can find out what is below the ground, above the ground and in the air.

Hexagon's ground-penetrating radars can find what is under the ground at 30 to 40 metres, thus helping in locating the position of electric, fibre optic cable, water, sewerage and other lines and for coming out with the best solution.

(BS, Oct 13, 2017)


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

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 valleys. This sector is less developed in terms of border infrastructure as compared to the LAC’s western and eastern sectors and in some areas it takes four days by foot for soldiers to reach forward defence locations. 

It also has two disputed areas, including one, which has witnessed regular Chinese incursions in the past, therefore necessitating the setting up of adequate border roads to ensure quick mobilisation of troops and supplies. 

(ET, Oct 14, 2017)


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

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 business and retail fixed-line and broadband business.  Besides, it would have a 32 per cent stake  in Viom Networks.

Going by the announcement, Bharti Airtel would not take any debt liability of Tata Teleservices (TTSL) and Tata Teleservices Maharashtra (TTML), except for a small spectrum payout liability.

(BS, Oct 13, 2017)


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

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 McDermott dismissed the appeals bought  by three campaigners, who were concerned about the environmental impact of the project, which is to occupy nearly 166,000 square meters in County Galway, west Ireland.

(BS, Oct 13, 2017)


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

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 platform said.

The online retailer, which is already working with Microsoft on productivity features for Alexa such as calendar interactions, will put the user first in pursuit of any other partnerships, said Toni Reid, Amazon’s vice president of Alexa and Echo devices, who has been on the team since 2014.

(BS, Oct 13, 2017)


TCS net falls 2%, but beats estimates General

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 with Street expectations, and was helped by improved business  from clients but profits were  ahead of analysts’ estimates aided by better margins and other income.

(BS, Oct 13, 2017)


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

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 5.7 per cent.

The Hyderabad firm, which provides engineering services, registered a net profit of Rs.111.40 crore as against Rs.97.3 crore in the comparable quarter, a growth of 14.60 percent.

(Business Line, Oct 13, 2017)