The EMPS replaced the FAME-II scheme, where auto companies were provided Rs 11,500 crore as subsidy
Govt's punitive action leads to a big dent in registrations
Sources say the sale is subject to the project getting clearance from the government
But Foxconn, the largest EMS player in the world, buys over $40 billion worth of semiconductor chips annually for its customers
The change will give room to more players
The government is ready to put its money where its mouth is. The vision document has suggested a research and development fund of Rs 10,000 crore, led by the government for the next 10 years for 6G an
The first of a two-part series on 6G explains the virtual experience that the ultra high-speed technology promises
Only 11% of jobs in India can be automated against global average of 18%, says Goldman Sachs' assessment of 30 countries
IPL teams' average revenue may double to Rs 630 cr; Mumbai Indians could rake in as much as Rs 802 crore this year
Ola Electric is Numero Uno in the segment, with 22% share
With a dramatic fall in venture capital and private equity funding, Indian start-ups are pulling up their socks, cutting losses, and trying to turn profitable
Airtel is rolling out on only one band (3.5 GHZ) in each tower and has deployed 44,000 BTS towers
The growth of the home broadband market in India has been constrained by the fact that only 10 per cent of the households are connected by fibre
Media planners expect Viacom18 to mop up over Rs 2,000 crore in advertising revenues
Panel recommends extension of scheme
India is closing in on western Europe which has 63 million 5G subscribers; it is already ahead of Latin America and the GCC
This fundraising will reduce the promoters' shareholding marginally from 40 per cent currently to 37-38 per cent
"The Indian govt's initiatives on EVs are very strong and customers want to buy EVs. This will make the country's conversion to EVs faster than other markets, and I hope even faster than the US"
We have disrupted the traditional business model of OEMs and the traditional cosy business relations that this industry has had, says Bhavish Aggarwal, Ola, Co-Founder & CEO
The government has an aggressive target for exports of electronics