Technology

Chennai, with its large pool of talented engineers, is emerging as a global player in Siemens’ growing businesses and is set to develop applications for future solutions.

The 12,091-km ultra-high capacity fiber optic submarine cable system, linking India through the Middle East to Western Europe (IMEWE), is deploying Ciena’s (NYSE: CIEN) coherent optical solutions and automation software to address network capacity requirements in the region.

The National Stock Exchange of India (NSE) is adding automated trading platform, Metro, a trading and market access technology by New York’s Vela and proprietary trading firm Plus Wealth.

The online consumer electronics and appliances (CAE - white goods, brown goods, and consumer electronics) market in India is expected to register a CAGR of 24.5% from FY 2019 to FY 2026.

Western Union has advanced its leadership in digital payment innovation enabling customers to move money or make payments in real-time in India, one of the world’s fastest growing economy.

India’s Mobikon will use US$12.5 million raised through Series B round led by Binny Bansal to establish a strong foothold in Australia and Indonesia.

Mahindra Two Wheelers Europe will acquire all outstanding shares in Peugeot Motocycles (PMTC), reaffirming to the future growth of Mandeure-headquartered Peugeot Motocycles.

Japanese steel majors are keen to expand businesses and increase investments in India, according to their discussions held with Steel Minister Dharmendra Pradhan.

India and US have signed a ‘Statement of Intent’ with respect to key deliverables in the near, medium and long terms during the 9th Defence Technology and Trade Initiative (DTTI) meeting was held between the delegations of India and the...

Defence Minister Rajnath Singh has approved two Open General Export Licences (OGELs) for export of certain parts and components and intra-company transfer of technology to select countries, giving a boost to defence exports.