In the last few years, the demand for semiconductors in the country has increased rapidly. In the last financial year, import of semiconductors increased by about 18.5 percent to about Rs 1.71 lakh crore. Semiconductors are used in many industries like automobiles and smartphones. The central government has taken measures to increase the manufacturing of…
Licensing will not be implemented for import of computers and laptops in the country. However, shipments of these devices will be monitored. Earlier in August, the central government had announced the implementation of the license requirement for import of certain products including computers, laptops and tablets from November 1. Commerce Secretary Sunil Barthwal told reporters…
Ola, which provides cab services through the app, has created its own mapping service. Earlier it was using Google Maps. Recently Ola left Microsoft’s Azure platform. Ola competes with Uber in the country. The company has said that by leaving the service of Google Maps, it will save Rs 100 crore annually. Bhavish Aggarwal, CEO…
South Korean automobile company Hyundai introduced the electric version of its high-selling Creta SUV earlier this week. This electric SUV will be launched on January 17 at the Bharat Mobility Global Expo. a media Report According to, the company has started booking for Creta Electric. It can be booked at Hyundai dealerships for Rs 25,000….
American technology company Microsoft plans to invest $3 billion in the next two years in cloud, artificial intelligence (AI) and skilling in India. The company also plans to build new data centers. In the next five years, Microsoft will train about one crore people in AI skills. The company’s Chief Executive Officer, Satya Nadella, said…
In the last few years, companies in the country have made considerable progress in the use of technology. The World Economic Forum (WEF) has said in a report that Indian companies are progressing rapidly at the international level in the use of important technologies. These technologies include Artificial Intelligence (AI) and robotics. Future of Jobs…
The Central Government has given incentives in the last few years to encourage electronics manufacturing in the country. Subsidy can be given by the government for electronic component makers. Along with this, tariff on imports can also be reduced. Smartphone manufacturing companies including Apple can especially benefit from this. According to a Bloomberg News report,…
Tata Consultancy Services (TCS), one of the big software companies, has seen its net profit increase to around Rs 12,444 crore in the quarter ended December. The company’s margin increased by 0.40 percent to 24.5 percent in the last quarter. TCS’s margin in the second quarter was 24.1 percent. However, margins have declined by about…
The smart television segment in the country is changing rapidly. Customers are emphasizing on larger screen size and technology. Avneet Singh Marwah, Founder and CEO of Super Plastronics Limited (SPPL), the leading company in this segment, in conversation with Gadgets 360’s Ankit Sharma, gave information about the company’s plans and the changes taking place in…
Tata Consultancy Services (TCS), one of the big software companies, has seen its net profit increase to around Rs 12,444 crore in the quarter ended December. The company’s margin increased by 0.40 percent to 24.5 percent in the last quarter. TCS’s margin in the second quarter was 24.1 percent. However, margins have declined by about…