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PCBA OPERATIONS
ONGC well blowout: Gas leak continues for fifth day, 'most experienced' team engagedA gas leakage, following a blowout at an ONGC crude oil well in Assam's Sivasagar district, has prompted the deployment of a crisis managem...- Telcos urge global vendors to absorb duty hikeBharti Airtel, Reliance Jio, and Vodafone Idea pressed Nokia, Ericsson, and Samsung to absorb a new 5% customs duty hike on PCBAs. They cla...
- Hike in customs duty on PCBA of certain telecom equipment will raise services cost: COAI on BudgetCOAI highlights impact of Budget proposal to raise customs duty on telecom equipment, emphasizing increased costs for telcos and challenges...
- Budget 2024: Upcoming 4G, 5G network roll outs to get costlier with customs duty hikeFinance minister proposes 5% increase in customs duty for PCBAs, likely leading to higher network rollout costs. Vi expected to be most aff...
- Anti-dumping duty on PCBs hits IT hardware PLI beneficiariesIndia imposed a 30% anti-dumping duty (ADD) on bare PCBs – an essential component in any electronics product – for five years in March on t...
- Cyient DLM, Kaynes Technology among JM Financial's 4 electronic manufacturing stocks to buyPowered by government thrust to electronic manufacturing and a China+1 strategy, the domestic industry is expected to witness windfall gain...
- Cyient DLM, Kaynes Technology among JM Financial's 4 electronic manufacturing stocks to buyJM said that Kaynes was on a journey of value addition with significant expansion of its PCBA business across various high-margin sectors. ...
- Amber Group acquires 60% stake in Ascent CircuitsAmber Group has acquired 60% stake in Ascent Circuits Pvt. Ltd to boost its electronic manufacturing services (EMS) portfolio by increasing...
- Foxconn's subsidiary Bharat FIH to pump Rs 400 crore in Indian arm Rising StarsThe capital infusion in Rising Stars Hi Tech is seen as a "long-term investment for working capital and general corporate purposes."
- Smallcap stock skyrockets 15% as Q2 profit jumped 160% YoYEBIT stood at Rs 30.64 crore in Q2 FY24, compared to Rs 15.85 crore in Q2 FY23, improving 93.37% YoY. EBIT margin for the quarter increased...
- Buy Syrma SGS Technology, target price Rs 350: ICICI SecuritiesThe brokerage forecast Syrma to gain market shares as well as wallet shares in the PCBA and RFID segments. Also, the brokerage models EBITD...
- Schneider Electric to invest Rs 425 crore for smart factory in Bengaluru"The new smart facility will consolidate 6 out of 10 existing factories of the company in Bengaluru, under one roof," Schneider Electric sa...
- Use of imported components in 25 telecom products eligible for public procurement: DoTThe notification issued by Department of Telecom enables companies making telecom products to import components in public procurement proje...
- UP government allows manufacturing units to function during lockdowns, curfews“UP has taken an excellent step of permitting industries to operate continuously even in the curfew period,” said Pankaj Mohindroo, chairma...
- India has $100-billion export potential in PCBA: ICEA-EY studyThe report cites that a PCBA is at the core of every electronic device such as mobile phones, tablets, computers, routers, televisions, was...
- Oil India claims closure notice served to it by Pollution Control Board of Assam is withdrawn“The Closure Notice served by Pollution Control Board of Assam (PCBA) has been withdrawn. PCBA has asked OIL to fulfill certain conditions ...
- OIL claims closure notice served by Assam Pollution Control Board on the verge of getting liftedOIL stated that PCBA served a Closure Notice directing OIL to close down all the production as well as Drilling operations of all installat...
- OIL to challenge Pollution Control Board closure notice in Gauhati High CourtOil India Limited (OIL) will file writ petition in the Gauhati High Court challenging Pollution Control Board, Assam (PCBA) which served a ...
- Apple flexes India muscle with locally sourced battery packsApple is sourcing battery packs from US contract manufacturer Flex’s India plant for locally-made iPhones.
- ONGC fined Rs 2.05 crore for green norm violation in AssamThe board's order was issued considering violation of environmental laws in six wells of the state-owned energy behemoth in Assam.
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