TAL Manufacturing Solutions expects its indigenously made affordable industrial robot, the Brabo, to boost the robotics vertical and contribute almost 40 per cent of its overall revenues in the next five years. Sohini Das reports.
Within a year of selling its handset and services business to Microsoft, Nokia has again entered the mobile devices segment by unveiling a new tablet N1 in partnership with Taiwanese company Foxconn.
One of the challenges on diesel engine is refinement.
The auto component sector grew at 5-6 per cent last year against a 13 per cent growth in 2012.
With 19 per cent market share, Samsung rules supreme in India.
Sale of iPhones hits the bottom; firms to postpone new launches; shipment might fall short of 2016 target.
Several factors have held India back. One is DoT policy somersaults and lack of clarity on whether to or not to ban Chinese gear makers.
Automobile dealers' body FADA said the Budget lacked immediate demand boosters for the automobile industry.
Top 10 Netbooks in India based on the best configuration for a price point that ranges between Rs 15,000 to Rs 25,000.
The industry ministry in a recent concept paper proposed raising the FDI cap in the defence sector to 74 per cent.
The business will also see a change of guard. Shailesh Chandra, president of EV and corporate strategy, will replace Mayank Pareek as president of PV business, including EV, with effect from April 1. Pareek will be superannuating from the company after a six-year stint at the end of February 2021. Chandra and Pareek will work on transition over the next few weeks.
The world's largest software firm Microsoft on Sunday said it is sharpening its focus on the fast growing smartphones market and other wireless devices in India.
Europe's leading car maker, Groupe PSA, officially announced its re-entry in India this April with the Citroen brand. Citroen C5 Aircross SUV will challenge the likes of Mahindra XUV500, Tata Harrier, Hyundai Tuscon, Jeep Compass and the upcoming MG Hector. The C5 Aircross will be the first of several differentiated products from the company's vehicle manufacturing unit in Tiruvallur, Tamil Nadu.
Auto component sales in the country are likely to rise in 2010 on the back of positive outlook for cars sales but overseas demand will continue to be sluggish, global rating firm Fitch said.
According to software company Mavernir, the new virtualised networks would lead to a saving of 40 per cent in capex and 34 per cent in terms of lower operations cost for operators.
India's plan to buy futuristic tanks and infantry combat vehicles -- estimated to be worth Rs 80,000 crore to Rs 100,000 crore each -- will certainly intimidate Pakistan which already feels threatened by our vast tank strength.
Air Chief Marshal R K S Bhadauria's plan includes building 83 Tejas Light Combat Aircraft in quick time to fill the light fighter vacancies left by the retirement of MiG-21 and MiG-27 fighters.
"We are investing in India... We've already launched an app accelerator centre. That's on top of working with the channel and looking at expanding our go-to-market in general," Cook said during the company's third quarter earnings call on Tuesday.
'We see the defence industry as one of the leading sectors, which will significantly contribute to the growth of the Indian economy, but more importantly, bring atmanirbharta to national security.'
"We are working with laptop manufacturers and OEMs to bring to the market low-cost Internet-based devices at an affordable price," said Qualcomm Vice-president and Country Manager, Technology, Sandeep Sibal. From a user's perspective, he added, the new device would be all about connected computing. Unlike a traditional laptop, Internet connectivity would be built into the device. Besides lower price and smaller size, it would also have a long-lasting battery life.
The company also maintains that its original equipment (OEM) partners such as Taiwan-based Asustek Computer, HTC, HCL, Gigabyte and Palm, will start rolling out cheaper internet-enabled notebooks and handsets at prices that will drive mass adoption in emerging markets.
"We are seriously looking at launching our own mobile brand, offering a complete range of handsets to bring better value to our customers. We are currently negotiating with a couple of original equipment manufacturers (OEM)," Rajiv Agarwal, chief executive officer and director, The MobileStore, said, while refusing to give details.
Bosch Ltd, a supplier of automotive components to original equipment makers, has reported 69.4 per cent drop in net profit to Rs 49.3 crore for its first quarter ended March 2009, compared with the corresponding quarter last year. Its net sales for the quarter dropped 20.6 per cent to Rs 991.6 crore.
Weak consumer sentiment across urban and rural markets due to slow farm inflows, subdued agri-commodity prices, rising cost of ownership as a result of regulatory changes including safety, emissions, vehicle registration, along with a rise in interest cost/EMI, have impacted demand.
Other players who have declared no production days in the recent past, and during this month, include Mahindra & Mahindra, Maruti Suzuki, Hero MotoCorp, Bosch, Jamna Auto, Wabco and Sundaram-Clayton.
During the meeting with Finance Minister Nirmala Sitharaman, the auto industry broadly presented factors such as issues regarding availability and affordability of financing, increasing cost of acquisition of vehicles and change in axle load capacity for commercial vehicles that have hurt demand.
QNX Software Systems and Hughes Software Systems Ltd formed an alliance to offer integrated solutions to the telecom space.
Leyland expects the digital drive to help tap its in-house strength as well as segments such as passenger cars and two-wheelers.
Lightning Logistics, Shreyas Shibulal's start-up, rents out electric scooters along with the riders for last mile delivery.
The ministry of defence has bought two regiments of the indigenous Pinaka multi-barrelled rocket launcher for Rs 3,230 crore.
Indian players like Tata and Mahindra have low R&D spends (1 per cent and 1.5 per cent of sales respectively) as compared to the global players (about 4 per cent of sales), AT Kearney's 10th Townsend report said.
iGate Global Solution plans to hire over 100 IT professionals in Japan over the next 6-12 months targeting the huge Japanese IT services market with its Integrated Technology and Operations model.
The government on Monday said it was planning to make it mandatory for original equipment manufacturers to load fonts of major Indian languages in computers to facilitate language computing.
Microsoft Corporation, the global PC software major, said that OEM sales of the Windows XP Starter Edition OS should commence by June 2005 in India.
Taiwan-based technology firm Winstron Group is exploring the feasibility of setting up a manufacturing base in India, a top official said on Saturday.
DSP technology product firm Ittiam Systems on Thursday announced a tie-up with US-based DivX Networks to develop solutions to enhance performance of electronic products including video players.
