Air purifiers’ seasonal sales fox manufacturers
Manufacturers and retailers say the season begins after Diwali and peaks when pollution is in the headlines in newspapers and television. Once these fade, sales subside. The market is worth Rs 200-230 crore, growing at about 15-20% annually, with over 50 brands jostling for business, making this one of the most populated electronics categories in the country.
Samsung sets up innovation lab at IIT Guwahati
"The Samsung Innovation Lab at IIT Guwahati will train students on IoT, Embedded Systems, AI a...
View: Making Bengaluru Asia’s innovation capital
Karnataka’s new entity will help innovators navigate national and local laws. Innovation, by...
Parliament passes bill for stringent punishment to those carrying, manufacturing illegal weapons
Moving the legislation in the Upper House, Union Minister of State for Home G Kishan Reddy said effective control over arms and ammunition is very important for safety and security in the country. He said the bill seeks to bring in stringent punishment for people involved in illegal manufacturing of arms while ensuring easier provisions for people with licensed arms.
French rolling stock manufacturer Alstom achieves around 80% localisation in India
“We are massively investing to be present in India and we would like to be treated as 100% Indian company,” Alain Spohr, managing director-India and South Asia for Alstom told ET in an interview. He said the company has invested ‘hundreds of millions of euros’ in India, though he did not reveal the actual figure.
Govt working on suggestions to create Rs 5k cr stressed asset fund: Secretary MSME Arun Kumar Panda
Issues around access to finance, lack of cutting edge technology and asymmetry of information are some of the primary issues Indian MSMEs today face.
IIT Guwahati gets Samsung Digital Academy
The curriculum at the Samsung Innovation Lab at IIT Guwahati will include Internet of Things (IoT), Embedded Systems (ES), Artificial Intelligence (AI) and Machine Learning (ML). The students will be trained on these industry-relevant skills in order to make them job-ready. The 14-week long course will be taught through classroom lectures, assignments and lab room sessions, self-study and mini-projects.
Tamil Nadu textile units ping Centre on working cap shortage
Tamil Nadu's textile entrepreneurs are claiming a severe shortage of working capital with rising manufacturing costs and customers taking more time to pay, which they say is pushing their businesses into negative performance cycles.
Innoviti brings on board former Croma executive as chief business officer
Taware’s appointment reaffirms the company’s goal of building a world-class payments company by bringing senior talent from user industries to strengthen its expanding eco-system of payments-linked value-added services for retail merchants.
Smart automation can contribute to company bottomline through energy efficiency
Typically in an office air conditioning can account for 25-35% of the energy. There is usually significant wastage in their usage and the higher the wattage, the more the wastage costs. For instance, eliminating 1 hour of wastage a day for a 1.5 ton AC can save almost Rs.500 per month in energy costs.
Auto sales keep falling in November, may not recover anytime soon
Vehicle sales across categories remained in the negative zone for over a year now.
Taxpayers need to be careful while assessing provisions in tax laws
This ordinance provided for significant tax cuts for domestic companies.
21-yr-old innovator, who couldn't complete graduation due to money troubles, creates robot that can pick up objects from a distance of 100m
The robot can respond to voice commands and also be controlled through mobile phones.
India's real GDP growth in FY20 to come below 5%: IHS Markit
India's real GDP growth in 2019-20 fiscal is expected to be slightly below 5 per cent as the impact of stimulus measures will take time to filter through to the economy, IHS Markit has said.
Steel demand to slow down on weak auto, manufacturing demand: Moody's
The country's steel output will increase on higher capacity utilisation as demand grows.
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