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Electricity to cost 20% more during peak hours from April ’25

The power ministry on Friday announced two changes in the Electricity (Rights of Consumers) Rules – introduced Time-of-Day (ToD) tariff, and rationalization of smart metering provisions.

24 Jun 2023

Micron to invest USD 825 million in Gujarat semiconductor assembly, test plant

The construction will begin from this year, and it will include 500,000 square feet of planned cleanroom space and will become operational in late 2024.

23 Jun 2023

Chinese company ZTE may make a comeback in India

“The US has given security clearance to ZTE, and there are chances it may get clearance from the Indian government too,” said an industry source.

22 Jun 2023

India's power shortage for June soars as demand peaks

Demand will continue to stay elevated, and it could even breach the previous high of 223 GW, as per ministry officials

15 Jun 2023

Russia’s revenue from oil export increases by USD 1.7 billion

The growth is due to higher crude oil exports and a narrower Urals discount.

15 Jun 2023

Vedanta-Foxconn plans to apply for 40 nanometer fab

The government is evaluating them. Subsequently, starting from June 1, 2023, the government reopened the application process for the scheme to attract major players in the industry

10 Jun 2023

BSNL will stop losing users from Oct-Nov: Telecom minister

In the wireline segment too the company is languishing at third place with 25% market share at the end of March 2023.

08 Jun 2023

BSNL gets 3rd package of Rs 89,047 crore

This is one of the reasons that the company is losing its subscribers rapidly. However, this package will help the company to speed up its 4G and 5G rollout in the country.

08 Jun 2023

Samsung to set up 15 iconic experience centres in major Indian cities this year

According to the report by Counterpoint Research, Samsung continued to be the leader in the Indian smartphone market for the second consecutive quarter with a 20% share in Q1 2023.

07 Jun 2023