Technology

The Cabinet Committee on Economic Affairs has approved Vodafone Idea Ltd proposal Foreign Direct Investment of more than Rs.5,000 crore and up to Rs.25,000 crore.

Mahindra Electric took 4 years for its electric cars to complete the first 50 million eKms and now the second 50 million eKms milestone is achieved in less than two years.

The Indian electric car market is projected to reach US$707.4 million by 2025, predominantly driven by the government schemes, growing environmental concerns, and falling battery prices, said a research report on 27 Feb 2019.

Harris Communications Systems India Pvt Ltd recently completed renovations on a 12,000-square-foot, state-of-the-art facility in New Delhi that will house the network operations control center for India’s nationwide aviation communications infrastructure.

As part of its future-ready vision of turning all telcos and merchants digital, Apigate, the next generation Application Programming Interface (API) platform, has forged partnerships with top multinational enterprises in India, Singapore and China.

Drones offer a Greenfield opportunity for the aviation sector the growth of which can carry along many other sectors to spur up the Gross Domestic Product (GDP), Civil Aviation Minister Suresh Prabhu has said.

The Defence Acquisition Council (DAC) chaired by Defence Minister Nirmala Sitharaman approved defence equipment acquisition for about Rs.2,700 crores.

Vindicia, an Amdocs company (NASDAQ: DOX) and a leader in business-to-consumer digital services monetization, said Eros Now has selected Vindicia CashBox to enhance consumer experience.

Jio, in partnership with Ciena (NYSE: CIEN), has taken another major step in future-proofing its national transport network with ‘Transport SDN’ capabilities.

UK-based Cobham plans to introduce high end technology under the Make in India initiative for export-oriented long-term partnerships with Indian businesses.