JSW Group, involved in business ranging from steel to energy, plans to launch its own brand for Electric Vehicles (EV). JSW Group has negotiated licensing agreements or transfer of technology with some Chinese EV companies. It plans to build a full EV company with electric cars and electric trucks. JSW Group holds about 35 percent…
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…
India has rapidly strengthened its military power in the last few years. Manufacturing of weapons and equipment has also increased in the country. Defense Minister Rajnath Singh has said that in the last decade, defense related exports have increased from about Rs 2,000 crore to Rs 21,000 crore. Addressing officers at the Army War College…
American devices and technology company Apple has increased efforts to prevent fraudulent transactions through its App Store. The company said that due to the increase in digital threats, it has taken measures to protect users from scams and phishing attacks. Apple has stopped fraud transactions worth about seven billion dollars on the App Store between…
Ather Energy, one of the big electric two-wheeler companies, has got the green signal from market regulator SEBI to launch an Initial Public Offer (IPO). The company plans to raise around Rs 3,100 crore through stock market listing. This will include issuance of new equity shares as well as offer-for-sale of approximately 2.2 crore equity…
There has been a big change in the electric two-wheeler market in December. Bajaj Auto has achieved the highest share in this market, leaving behind Ola Electric. In December, Bajaj Auto’s share in the electric two-wheelers segment has increased to about 25 percent. This is an increase of about three percent compared to the previous…
BYD, one of the largest companies manufacturing electric vehicles (EV), has set a sales record last year. This Chinese company has sold about 42.5 lakh units. Elon Musk’s Tesla is facing tough competition from BYD in the international EV market. BYD has set a monthly sales record in December. The major reasons behind this are…
Acer, one of the big consumer electronics companies, plans to increase its stake in the Make in India campaign. India is one of the major markets for Acer. The company has announced that it will move forward in the country’s tech market through new segments like consumer electronics, AI PC and eMobility. in the coming…
Advanced features are offered in Galaxy devices of South Korean electronics company Samsung. The company’s upcoming Galaxy S25 Ultra may have a 200-megapixel camera. It has been told in a leak that Samsung is also preparing to bring 500 megapixel camera in its devices. Tipster Jukanlosreve (@Jukanlosreve) claimed in a post on social media platform…