India’s attractiveness for manufacturers is growing due to availability of low-cost labor, said an ASSOCHAM-EY joint study. ¨Rising manufacturing costs in China and Taiwan are compelling manufacturers to shift their manufacturing base to alternate markets. In 2014, the average manufacturing labor cost per hour in India was US$0.92 as compared to US$3.52 of China,¨ said […]
TVS Motor Company, one of India’s leading two wheeler manufacturers, launched new colour variants for its two brands of motorcycles TVS StaR City+ and TVS Sport in Bangalore today. The new colour variants TVS StaR City+ in Spotlight White colour & TVS Sport in Black Silver colour have been launched to mark the approaching festive […]
Reliance Communications Ltd, the telecom arm of the Anil Ambani group, has reported a sharp fall in its active user base (VLR) for the April-June quarter. BEFORE UPGRADE RCom had 93.24 mln active users — going by the company’s visitor location register — for the January-March quarter, before the 4G upgrade began. The total subscriber […]
Indian Railways, along with Google and Railwire, has expanded its free Wifi service in Mumbai to three more stations — Andheri, Borivali and Kurla, taking the total to 16 in all. Railwire Wi – Fi will be available to any user who has a working mobile connection on a smartphone. The project was kicked off […]
The following is an updated list of statements on the ongoing tussle between Reliance Jio and Bharti Airtel on the interconnection issue. The two issues statements regularly, and the oldest are given at the bottom, with the latest statements on top. The list is updated as and when new statements are issued by either of […]
Lava International Limited, an Indian multi-national company in the mobile handset industry, said anyone purchasing a feature phone or smartphone from the company from 15th September to 15th November the customers will be entitled to avail a one-time mobile screen replacement. The offer is applicable only in case of any mobile screen breakage within 365 […]
Opto Circuits, a medical technology group, said its wholly owned subsidiary, Eurocor GmbH, entered the global market with their Freeway coated shunt baloon catheter. Freeway coated shuntbaloon catheter is used for arteriovenous (AV) access to help patients with end-stage renal disease. It also helps to reduce re-intervention and preserves future treatment options. Following the 1st […]
Aurionpro Solutions, a technology solutions provider, said it completed the acquisition and merger of Spikes Security Inc., a software and hardware solutions company based in California, with its enterprise security division. The silicon Valley based subsidiary for enterprise security will operate under the new brand name of ‘Cyberinc – An Aurion Pro Company’ and will […]
Reliance Jio Infocomm said the number of new interconnection points being put in place by Vodafone at its network junctions is “substantially less than the requirement”. Jio was responding to the announcement yesterday that India’s No.3 telecom company will increase interconnect points with the Ambani firm, which has been facing a virtual blockade from the […]
Suzlon Group, a renewable energy solutions provider, said it has won its first project from Oil India Ltd (OIL) for 52.5 MW for two sites in Madhya Pradesh and Gujarat. The project will provide power to around 28,000 households and will reduce .11 million tonnes of CO2 emissions per annum, said the company. The project […]
People trying to sign up for a new connection with Reliance Jio are facing problems receiving one-time passwords on certain rival networks, according to complaints on social media. Buying a new connection on Reliance Jio involves generating a one-time password in certain cases, such as where you are generating a bar code using the MyJio […]
Ten days after Mukesh Ambani, chairman of Reliance Jio, promised to roll out a superfast activation procedure for new SIMs within “2-4 weeks”, the facility is now available in several small towns, suggesting that the company may be running ahead of schedule on its e-KYC roll-out. The new system has been rolled out with the […]
Reliance Industries said its subsidiary Reliance Sibur Elastomers Pvt Ltd. has agreed to take a loan of $330 million, roughly equal to Rs 2193 crore, from overseas lenders. “The Facility with door to door tenor of 10 years shall be utilized to part finance the Capital expenditure to setup India’s first butyl rubber manufacturing facilities […]
Tata Motors said its global wholesales rose 16% in August to 86,288 compared to August last year. Wholesales of all passenger vehicles rose by 25% to 56,104. Land Rover wholesales for the month were at 29,222 vehicles. Jaguar wholesales for the month were 13,038 vehicles. Cumulative wholesales for the fiscal were 4,32,192 nos., higher by […]
Zee Media Corporation Limited swung to a profit for the Apr-Jun quarter after it was able to control its expenses, especially in its print arm of DNA. The company cut expenses across the board including operating expenses, employee expenses and marketing costs. Total revenue fell 5% to 128.2 crore compared to same quarter last year, […]
JSW steel said its monthly crude steel production jumped 27% in August to 13.52 lakh ton. Production of flat rolled products was up by 15% to 9.71 lakh tonnes. Output of long rolled products jumped 24% to 2.51 lakh tonnes, the steel company said. It said that the output of crude steel for the month […]
NaanDanJain Irrigation Ltd., a producer and provider of tailor-made irrigation solutions company, said it entered into an agreement worth 18.7 million Euros with Ministry of Agriculture and National Development, Eritrea, for the supply and installation of solar-powered drip irrigation systems. NaanDanJain irrigation Ltd is a wholly owned subsidiary of Jain irrigation and is head quartered […]
Hours after attending a meeting called by TRAI on providing interconnection to Reliance Jio, Bharti Airtel said the new operator’s interconnection related problems should be resolved after January 1, 2017. Bharti Airtel said it expects Reliance Jio to be a ‘commercial telecom operator’ by January 1, after which such problems will no longer plague the […]
Film production house Eros said it will release Malayalam drama Olappeeppi starring Biju Menon on September 23. The film portraits the story of various impacts and the socioeconomic changes that occurred in the state of Kerala due to the execution of the Land Reforms Act in 1970. The film especially focuses on the turmoil created […]
Uflex, India´s largest FMCG packing company, said it developed an product that can potentially give the company an entry into long-shelf-life packing market. Like in other countries, the market for long-shelf-life beverages in India is dominated by Europe-based Tetra Pak. However, the relatively high cost of the pack has prevented mass adoption in India. UfleX […]
