Union Minister asks electronics manufacturers to take full advantage of tax incentives

    Union Minister Ravi Shankar Prasad on September 20 exhorted electronics and mobile makers to take full advantage of the tax incentives announced by the government, saying the latest measures underlined the commitment to transform India into a manufacturing hub. The comments came after the government slashed the tax rate for companies by almost 10 percentage […]

    Enhancing export-led electronics manufacturing critical: MAIT

    There is urgent need for India to evolve an export-led electronics manufacturing strategy that will not only contribute to the GDP but also help realize India’s aspiration to become a $5 trillion economy. Keeping this in mind, the Manufacturers’ Association of Information Technology (MAIT), has released a report titled “Enhancing Export Competitiveness of India’s Electronic […]

    Buy Bharat Electronics; target of Rs 140: Sharekhan

    Bags Akash Missile System order worth Rs. 5,357 crore from MoD, GoI, to be delivered in three years. Cumulative order intake for FY2020 till date increases to Rs. 7,342 crore, but it is lower by around 50% against H1FY2019 (owing to LRSAM order intake of Rs. 9,200 crore in Q2FY2019). Robust order book of Rs. […]

    Ravi Shankar Prasad to meet electronics makers to draw investment to India

    New Delhi: Union minister for information technology and electronics Ravi Shankar Prasad will meet leaders from smartphone and consumer electronics companies to draw out a roadmap to boost manufacturing in India and make the country an export hub. The day-long meeting on Monday will be attended by at least 50 corporate leaders, including chief executives of […]

    Why Fry’s Electronics hasn’t been restocking goods in multiple stores

    Fry’s Electronics recently acknowledged it would shut its store in Palo Alto, California, in January because its lease wasn’t renewed. But stores in other places are running out of goods and don’t appear to be restocking them. It seems like another sign of the retail apocalypse. But a Fry’s spokesman said any rumor of impending shutdowns isn’t true. […]

    Home & Garden TV joins M-net

    German network operator M-net has added free-to-air TV channel Home & Garden TV (HGTV) to its internet TV service TVplus. M-net TV plus can be signed up for as an option to any Surf&Fon fibre-optic or ADSL subscription with a bandwidth of at least 18Mbps. M-net also plans to distribute the Discovery-owned lifestyle channel, which launched on June […]

    Smartphone makers, electronics companies to offer exta margins to retailers: Report

    Consumer electronics and smartphone makers will give retailers huge margins during the Diwali-Navratri season to boost sales, according to a report in The Economic Times. Top brands such as Samsung, LG, Sony, Panasonic and Xiaomi have increased the festive season trade margin this year, executives told the publication. Moneycontrol could not independently verify the story. Brands have passed on 4-6 […]

    Raspberry Pi computer looks down on Earth

    This is a neat image of Planet Earth, showing another beautiful day in the Mediterranean. The outlines of Italy, Corsica and Sardinia are unmistakable. The view to the west includes the Balearics. What’s interesting about the picture is that it was taken with a commercial off-the-shelf Raspberry Pi computer and camera. The UK satellite company […]

    German Consumer Electronics Brand Telefunken to Enter Indian TV Market

    New Delhi: German consumer electronics brand Telefunken will make a foray into the Indian market by this month as it introduces its range of LED TVs. Frankfurt-based Telefunken Licenses GmbH, which owns the trademark rights of the company, will enter India with a local partner. Telefunken is brought in India by Japan-based Toyoichi Tsusho Co, which […]

    LG Electronics India beefing up B2B business

    Company exploring entry into solar solutions segment LG Electronics India is putting a lot of emphasis in expanding its B2B and enterprises business with new products and offerings, which contributes around 10 per cent to its overall revenues. The company is looking to expand its B2B business to solar power solutions segment by next year. […]