Archives
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ELECTRONICS 
February 11, 2020 After BPCL and Air India, Govt set to privatise Central Electronics
New Delhi: The government is set to privatise Central Electronics Ltd, a CPSE under the Department of Science and Technology, by selling its 100 per cent stake with management control and has invited the Expression of Interest for the same by March 16. The selected bidder will be required to lock in its shares for a […]
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ELECTRONICS 
September 30, 2019 More sops needed to boost electronic manufacturing: Top govt official
NEW DELHI | CHENNAI: India may have to offer electronic manufacturers additional sops such as cheap credit and incentives for export along with infrastructure support in order to boost production and help the sector compete with China, Vietnam and Thailand, according to a top government official. These incentives, over and above the proposed reduction of corporate tax to 15% […]
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ELECTRONICS 
July 16, 2019 Govt may bring separate policy for electronics to boost FDI
Swedish furniture maker IKEA and fashion-retailer H&M are some of the big single-brand retail firms operating in India. In a move that may be a boost for hi-tech companies like Apple, Samsung, etc., the government is likely to formulate a separate policy for electronics to attract higher foreign direct investment (FDI) and make the country […]
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ELECTRONICS 
July 8, 2019 Budget 2019 can be game-changer for consumer electronics industry; govt must take these steps
Budget 2019-20: To find the growth rate again, the government should take numerous steps in Union Budget to improve the current market conditions in India. By Avneet Singh Marwah Union Budget 2019 India: Currently, the Indian market is going through a tough phase as the buying power is being affected. There was no spike in the television […]
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ELECTRONICS 
May 10, 2019 Govt prohibits imports of non-BIS compliant second-hand electronics, IT goods
Import of second-hand or refurbished electronics and IT goods without registration with the Bureau of Indian Standards (BIS) is prohibited, the government has said. Under the Electronics and IT Goods (Requirement of Compulsory Registration) order 2012, imports of these goods is allowed through the registration with the BIS or on specific exemption letter from the […]
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ELECTRONICS 
May 25, 2018 Indian govt steps up focus on electronics exports, new policy to outline measures
The government is drafting the upcoming National Electronics Policy (NEP) with an increased focus on exports as it looks to harness the local capacity in electronic goods, including smartphones built for the domestic market, a top official told ET. The idea is to ensure that there is no excess manufacturing capacity and instead utilise the same to build products for customers […]
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ELECTRONICS 
September 18, 2017 Govt tightens quality checks on imported electronics; smartwatches, CCTV cameras also under scanner
To check the flow of sub-standard goods in the country, the Ministry of electronics and information technology (Meity) has added 13 more items including smartwatches and CCTV cameras, to the list of imported electronics that will have to undergo stringent quality checks, reports Mint. The 13 new items were added on August 17 to the Electronics […]
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ALL DEALS 
February 4, 2017 No concessions for Apple, but govt to review mobile manufacturing policy to boost the sector
NEW DELHI: The government won’t offer any special concessions to Apple but is reviewing its entire policy on mobile phone manufacturing as part of an effort to promote the ‘Make in India’ initiative, officials said. This could meet some of the demands that Apple has made apart from benefitting other phone makers as well. Apple […]
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NEWS 
August 8, 2016 Ola gets notice from Karnataka govt on complaints over peak hour charges
On 1 June, the state transport department gave an undertaking to court not to impound Ola. Photo: Mint Bengaluru: Barely a month after cab aggregator Ola received a permit under the Karnataka On-demand Transportation Technology Aggregators Rules 2016, the state transport department has issued a show cause notice to the company over complaints of charging […]
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NEWS 
March 30, 2016 Govt defines e-commerce marketplace rules, allows 100% FDI
The government notification on e-commerce models is expected to redefine the way online retail is done in India. Photo: iStockphoto New Delhi: The government on Tuesday allowed 100% foreign direct investment (FDI) in online retail of goods and services under the so-called “marketplace model” through the automatic route, seeking to legitimize existing businesses of e-commerce […]
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ALL DEALS 
March 16, 2016 Govt hikes funding for start-ups, Flipkart invests more in Myntra
Photo: iStock What to watch out for: • Flipkart invests another Rs.338 crore in its fashion portal Myntra: In an attempt to boost its leadership position in the fashion segment, Flipkart has infused Rs.338 crore into online fashion store Myntra. The fresh funds come at a time when Myntra’s nearest rival, Rocket Internet-backed Jabong, is […]
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NEWS 
March 16, 2016 Five-fold hike in govt budget for funding startups
In the 2016-17 financial year, the government will provide seed capital to 50-80 new ventures with funding ranging from Rs.50 lakh to Rs.1 crore per company. Photo: Priyanka Parashar/Mint New Delhi: A five-fold hike has been made by the government in its budget for funding startups in the next fiscal, a move which is in […]
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