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GOVT TELECOM PLI
Govt working on telecom PLI with focus on higher local value additionThe Ministry of Communications is preparing to propose a second edition of the telecom production-linked incentive scheme. This new scheme ...
Government waives basic customs duty on key inputs for electronics manufacturingThe government has waived customs duty on key electronic components. This move aims to boost domestic manufacturing of smartphones and lapt...
Telecom equipment sales under PLI at Rs 78,672 cr, govt informs ParliamentTelecom equipment sales have reached Rs 78,672 crore under the PLI scheme, with Rs 14,963 crore from exports by January 2025. The scheme ha...
Govt disburses Rs 331.8 cr telecom PLIs, Jabil Circuit, Nokia top beneficiariesThe Indian government has distributed over Rs 331 crore in incentives to 18 companies as part of the telecom production-linked incentive (P...
What Sitharaman can do to fund India's ambitious space plans in Budget 2024 as it aims to eclipse global giantsChandrayaan-3 and Aditya L1 highlight India's space prowess and ambitions to rival SpaceX and Blue Origin. The upcoming Union Budget 2024 i...
PLI scheme allocation hiked by 33% in Budget 2024BUDGET ANNOUNCEMENT: The Narendra Modi government has increased the budget for the Production-Linked Incentive (PLI) scheme to Rs 6,200 cro...
PLI 2.0 in Budget 2024: Pushing the envelope towards ‘Making for the World’Interim Budget: India's manufacturing sector is being reinvented to achieve the country's ambition of becoming a $10 trillion economy. The ...
PLI schemes report card: Production/sales touch Rs 8.61 lakh crore; over 6.78 lakh jobs created so farPLI schemes form a major plank of India's Atmanirbhar plan. Currently, PLI schemes for 14 key sectors (with an incentive outlay of Rs. 1.97...
Nifty @ 20,801 in 12 months? It's possible says Prabhudas Lilladher after Q3 resultsIn the bull case scenario, the brokerage values Nifty at a 10-year average (20.8x) and arrives at a bull case target of 22,487 (23,015 at a...
Budget measures to help India's metal industry outshine China & the worldThe production linked incentive scheme, which intends to incentivise the additional steel production in India, is expected to boost special...
Govt extends deadline for PLI applications for telecom productsThe move to extend the deadline was taken keeping in view the requests made by some of the interested companies and for their wider partici...
Govt extends PLI application deadline for telecom products till August 5The extension of the deadline, according to an official statement, was done following requests by interested companies and to encourage wid...
Govt approves 31 proposals for telecom PLI scheme entailing Rs 3,345 cr investmentThe companies selected for the PLI scheme include Nokia India, HFCL, Dixon Technologies, Flextronics, Foxconn, Coral Telecom, VVDN Technolo...
SGX Nifty up 50 points; here's what changed for market while you were sleepingAsian shares were on edge on Wednesday as worries about soaring power prices fuelling inflation weighed on sentiment and drove expectations...
Sensex scales Mt 59K: Key factors driving the marketThe clear message from yesterday's package for telecom industry and PLI scheme for autos is that the government is on fast-forward mode as ...
Investors richer by Rs 2.16 lakh cr as Sensex surges 476 ptsEquity investors grew richer by Rs 2.16 lakh crore, as their total wealth represented by BSE market capitalisation rose to Rs 259.68 lakh c...
Sensex, Nifty hit fresh record highs: Key factors driving the marketThe primary driver of this bull run has been liquidity and therefore a reversal of the trend is likely to happen only with decline in liqui...
Govt focussed on enabling policies to strengthen digital infrastructure: DoT officialTelecom and IT industries have achieved a level of maturity and built capabilities for business, technology, innovations and an appetite fo...
Maharashtra shuts down all industries except those in essential servicesThe state government has shut down all industries including the manufacturing ones that are not part of essential services or not export or...
Coronavirus Fallout: Delhi CM Arvind Kejriwal announces lockdown until March 31There are 27 cases in Delhi - 6 of them fall under the category of transmission, 21 had come from foreign countries.