Mumbai-based up-and-coming IT hardware manufacturer Panache Digilife said it intends to manufacture laptops and all-in-one PCs to target the consumer market, under the government of India’s production-linked incentive scheme. The company had qualified for receiving benefits under the PLI scheme last week, along with 13 others including Foxconn, Wistron, Dell, ICT, Dixon Technologies and Lava […]
The first case of COVID-19 in India was reported 67 days ago on January 30 in Kerala. It was only after 55 days that India imposed a countrywide lockdown to prevent the virus from spreading. In those 55 days, the Coronavirus infected around 500 people — at an average rate of 9 new infections per […]
Government has notified National Apprenticeship Promotion Scheme, a first of its kind to offer financial incentives to employers for training apprentices. The Scheme has an outlay of Rs. 10,000 crore with a target of 50 Lakh apprentices to be trained by 2019-20. 25% of the prescribed stipend payable to an apprentice would be reimbursed to […]
The Confederation of Indian Industry (CII), India’s biggest association of companies, has urged the government of India not to implement a Preferential Market Access for medical equipment without first setting the groundwork for promoting a components and ancillary industry in the country. It said that merely mandating local sourcing norms without helping the local industry […]
The fight over preserving net neutrality (the right to use data as and how a consumer wants) is restarting and the first shot has been fired by NGO Telecom Watchdog. Echoing widespread sentiment, the NGO attacked the recommendations of an internal Department of Telecom Committee that said that calls between WhatsApp users and others should […]
The Department of Telecom is unlikely to allow all telecom operators to conduct spectrum swapping, and permit only those players who hold only auctioned spectrum to do so. This move is likely to severely restrict the benefits and applicability of spectrum swapping as ‘subsidized spectrum’ allocated in earlier years is lying co-mingled with newer auctioned […]
Industry association ASSOCHAM, which has members from most of the big industrial groups in India, today said the opaque nature of decision making in India should be done away with to prevent incidents like the latest ‘corporate espionage’ involving top industrial houses in India. In a statement, the association said: “One fails to understand what […]
The new civil aviation policy, as reflected in the draft put out by the ministry of civil aviation, lacks details and is largely a ‘feel good’ document, consultant KPMG said. It will not be very helpful to the civil aviation sector in India, it added. “The draft civil aviation policy reads like a feel-good document, […]
