BEL clocks 47.3 pc jump in Q3 net profit at Rs 1,316 crore Bengaluru, Jan 30: Government-owned Bharat Electronics Ltd (BEL) on Thursday reported a 47.3 per cent growth in its net profit for the third quarter ended December 2024 to Rs 1,316.06 crore, compared ...
Stock market extends gains for 2nd straight day, smallcaps lead rally Mumbai, Jan 29: The Indian stock market on Wednesday continued its upward trend for the second consecutive session, with both the Sensex and Nifty closing in the green....
Odisha receives investment proposal worth Rs 20,900 crore Bhubaneswar, Jan 29: Odisha received a mammoth investment proposal of nearly Rs 20,900 crore in IT/ITeS, electronics, semiconductors, data centres, and other ancillary sectors on the first day of the ...
India's semiconductor market projected to reach $103.4 billion by 2030 Bhubaneswar, Jan 28: India’s semiconductor market is projected to grow to $103.4 billion by 2030, powering the over $400 billion electronics market, the Indian Electronics and Semiconductor Associat...
BEL bags fresh batch of orders worth Rs 531 crore Bengaluru, Jan 28: Navratna Defence Public Sector Undertaking Bharat Electronics Limited (BEL) has secured additional orders worth Rs 531 crore over the last two weeks, the company said in a statement...
India's 2nd phase of electronic manufacturing EMS 2.0 aligns with its vision of becoming a global hub: Report New Delhi, January 28: India is set to advance into the second phase of its electronics manufacturing journey, known as Electronics Manufacturing Services (EMS) 2.0, which will focus on the actual man...
SK hynix's surpasses Samsung for 1st time in quarterly profit Seoul, Jan 28: Chipmaking giant SK hynix has surpassed its biggest rival, Samsung Electronics, for the first time ever in terms of quarterly profit, data showed on Tuesday, as its robust sales of arti...
Assam is positioning itself as global hub of Semiconductor: CM Sarma Guwahati, Jan 27: Chief Minister Himanta Biswa Sarma on Monday asserted that Assam is poised to come up as a semiconductor hub and an electronic city will be established in Jagiroad in the Morigaon di...
Indian firm Optiemus joins US major TP-Link to boost 'Make in India' initiative New Delhi, Jan 27: Homegrown electronics company Optiemus Electronics (OEL) on Monday announced to team up with TP-Link, a leading global electronics brand, to manufacture networking devices and smart...
India-US bilateral trade records robust growth in Dec New Delhi, Jan 26: India's trade with the USA is on the upswing with robust growth being recorded in December in the bilateral exports of the two countries despite the disruption in shipping due to ge...
South Korean stocks close higher over hopes for rate cuts Seoul, Jan 24: South Korean stocks finished higher on Friday as US President Donald Trump's call for interest rate cuts boosted appetite for risky assets. The local currency gained against the US doll...
Tata Electronics acquires 60 pc stake in Pegatron India to boost local iPhone production Mumbai, Jan 24: In a fillip to the government's 'Make in India' initiative, Tata Electronics on Friday acquired a controlling 60 per cent stake in Pegatron Technology India, which produces Apple produ...
LG Electronics Q4 loss deepens on FX translation losses Seoul, Jan 23: LG Electronics, South Korea's leading home appliance maker, said on Thursday its fourth-quarter net loss deepened from a year earlier as a weak won pushed up foreign exchange translatio...
PLI booster: Smartphones now rank 2nd in exports, says Ashwini Vaishnaw New Delhi, Jan 23: Union Minister for Railways and Electronics and IT, Ashwini Vaishnaw, said on Thursday that smartphones now rank second in India's exports from 14th position just four years ago....
Samsung launches new Galaxy S25 series with advanced AI San Jose (US), Jan 22: Heralding a new AI era, Samsung on Wednesday unveiled its latest Galaxy S series smartphones, featuring more advanced on-device artificial intelligence (AI) with multimodal capa...
Centre disbursed Rs 964 crore to electronics sector under PLI scheme in H1 of 2024-25 New Delhi, Jan 22: The Centre disbursed close to Rs 1,600 crore under the Production-Linked Incentive (PLI) scheme in the first half of 2024-25 with the large-scale electronics manufacturing sector ge...
Semicon India scheme to create 85,000 jobs: Centre New Delhi, Jan 21: In the run-up to the Union Budget 2025-26 to be presented on February 1, the Union Finance Ministry on Tuesday highlighted the achievements of the government's policies in pushing u...
UP to focus on attracting investments in food processing industry, AI and manufacturing: UP Chief Secretary Davos, January 21: Manoj Kumar Singh, Uttar Pradesh's Chief Secretary outlined the state's key focus areas for investment in the food processing industry, artificial intelligence (AI) and electronic m...
Dixon Technologies' net profit rises over 100 pc in Q3, revenue up 119 pc New Delhi, Jan 20: Homegrown electronics manufacturer Dixon Technologies on Monday doubled its net profit in Q3 FY25, as earnings rose to Rs 216 crore from Rs 97 crore in the same period last fiscal....
Finance Ministry highlights Rs 1.52 lakh cr investment, 85,000 jobs under Semicon India Programme New Delhi, January 20: As the Union Budget 2025-26 nears, the Ministry of Finance has highlighted the significant Union Budget announcements, particularly focusing on the development of the semiconduc...
Centre introduces 'Entity Locker' for smooth business document management New Delhi, Jan 20: After the success of DigiLocker for citizens, the government on Monday launched 'Entity Locker', a cutting-edge digital platform designed to transform the management and verificatio...
24 companies to invest Rs 3,516 crore under PLI scheme for ACs and LED lights New Delhi, Jan 20: With as many as 24 beneficiary companies committing an investment of Rs 3,516 crore in the third round, the government's production-linked incentive (PLI) scheme is poised to signif...
Seoul shares slightly up ahead of Donald Trump inauguration Seoul, Jan 20: South Korean stocks opened a tad higher on Monday ahead of the inauguration of US President Donald Trump as 47th President....
India Semiconductor Mission, CG Power and CG Semi ink fiscal support agreement New Delhi, Jan 17: The India Semiconductor Mission (ISM) on Friday signed a Fiscal Support Agreement (FSA) with CG Power and CG Semi, that will help the country develop a robust semiconductor manufact...
Assam CM inspects semiconductor plant in Morigaon Guwahati, Jan 16: During his day-long visit to Morigaon, Chief Minister Himanta Biswa Sarma, accompanied by the Assam Cabinet Ministers, visited and reviewed the progress of Assam's inaugural semi-con...
India's electronics goods exports clock 35 per cent surge to record high in Dec New Delhi, Jan 16: India's electronics exports surged by 35.1 per cent to touch a two-year high of $3.58 billion in December 2024 from $2.65 billion in the same month of the previous year, reflecting ...
India's goods and services exports clock 6pc growth to scale $602bn mark in April-Dec New Delhi, Jan 15: India's total exports of merchandise and services have clocked a 6.03 per cent growth to $602.64 billion during April-December of the current financial year from $568.36 billion in ...
From smartphones to laptops: India powers ahead in electronics manufacturing New Delhi, January 11: In a groundbreaking development for India's electronics manufacturing sector, Union Minister of Electronics and Information Technology, Ashwini Vaishnaw inaugurated Syrma SGS Te...
PLI 2.0 for IT Hardware sees Rs 10,000 crore production, 3,900 jobs in just 18 months New Delhi, Jan 11: The production-linked incentive (PLI) 2.0 scheme for IT Hardware has seen Rs 10,000 crore production and 3,900 jobs in just 18 months of its launch, the government said on Saturday....
2025 likely to be another record-breaking year for IPOs in India New Delhi, Jan 11: Driven by strong fundamentals and resilient economy, the Indian equity markets are likely to see another record-breaking year for initial public offerings (IPOs), according to repor...
CES 2025: KOTRA chief highlights South Korean firms' achievements Las Vegas, Jan 11: The chief of the Korea Trade-Investment Promotion Agency (KOTRA) said he saw the capabilities and passion of South Korean companies for technology innovation during CES 2025....
PM Modi aims to make India a hub of electronics manufacturing: Ashwini Vaishnaw Chennai, Jan 10: Union Minister of Railways and Electronics and IT, Ashwini Vaishnaw, said on Friday that he is very happy to be part of the big vision of Prime Minister Narendra Modi to make India a ...
Union Minister Ashwini Vaishnaw inaugurates Syrma SGS's laptop assembly line in Chennai Chennai, January 10: In a significant boost to India's electronics manufacturing sector, Union Minister of Electronics and Information Technology, Railways and Information and Broadcasting Ashwini Vai...
LG Electronics eyes India's market potential with planned $1.3 billion IPO Las Vegas, Jan 9: LG Electronics’ CEO Cho Joo-wan has said that the huge business potential in the Indian market is what drove the company to pursue an initial public offering (IPO) in the country....
Samsung misses Q4 profit forecast on missteps in AI chips Seoul, Jan 8: Samsung Electronics on Wednesday estimated its fourth-quarter operating profit more than doubled from a year earlier but missed market expectations due to lacklustre performance in its h...
LG Electronics' operating profit drops 53.2 pc in Q4 Seoul, Jan 8: LG Electronics, South Korea's leading home appliance maker, on Wednesday estimated its fourth-quarter operating profit decreased more than 53 percent from a year earlier due to global ec...
Samsung to launch new Galaxy smartphones with advanced AI in US this month Seoul, Jan 7: Samsung Electronics will hold this year's Galaxy Unpacked event in the United States this month, company officials said on Tuesday, where the company is expected to unveil its new Galaxy...
CES 2025: Samsung highlights AI-connected home appliances, 8K QLED TV Las Vegas, Jan 6: Samsung Electronics will propose Home AI, a hyper-personalised solution combining cutting-edge artificial intelligence and enhanced connectivity, at CES 2025 in the US....
Digital data protection rules to empower citizens, curb harms: Govt New Delhi, Jan 5: The draft Digital Personal Data Protection (DPDP) rules aim to safeguard citizens’ rights for the protection of their personal data and also address specific challenges like unauth...
