Technology

The Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Wind Power Projects have been amended by Ministry of New and Renewable Energy and released on 25 July 2019.

Hewlett Packard Enterprise (NYSE: HPE) plans to invest US$500 million in India over the next five years to grow its operations, manufacturing and employee base in the country.

Exclusive Pavilions on AI, IoT, Robotics, Startups, Components and Parts will be showcased at the 10th edition of EXCON, South Asia’s largest construction equipment trade fair to be held in Bengaluru 10-14 December 2019.

Expansion is on the cards for employers across India in 2019, as 73% say they feel optimistic about the country’s growth outlook, and 66% have plans to further expand their headcount.

The Indian electric bus market is predicted to witness a sale of 7,187 units by 2025, progressing at a 53% CAGR during the 2019-2025 period, according to ResearchAndMarkets’ latest report.

United Technologies Corporation (UTC) for Collins Aerospace, a subsidiary of UTC, has selected L&T Technology Services (NSE: LTTS) as a strategic partner with a role in engineering road map.

India has successfully launched Geosynchronous Satellite Launch Vehicle GSLV MkIII-M1, a 3,840 kg Chandrayaan-2 spacecraft, into an earth orbit on 22 July 2019.

Foreign Original Equipment Manufacturers (OEMs) are now not required to indicate the details of Indian Offset Partners (IOPs) and products at the time of signing of contracts, Rajya Sabha was told on 22 July 2019.

A Singapore subsidiary of TVS Motor Company Limited has signed definitive agreements to invest US$7 million in Delaware’s Scienaptic Systems Inc.

The government is taking necessary steps to further reduce the licencing time for exporting sensitive and dual-use Special Chemicals, Organisms, Materials, Equipment and Technologies (SCOMET) from India.