The Internet of Everything (IoE) brings together people, process, data, and things to make networked connections more relevant and valuable. This concept holds great relevance for India, which is on the cusp of a digital revolution.
Category: ECONOMY & POLICY
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Growth in Store
Over the past couple of decades, the warehousing industry in India has evolved from the traditional concept of a ´godown´ - a small structure with four walls and shed - to a modern-day automated set-up which offers efficient inventory management and value-added services.
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Leading Light
Philips has announced the appointment of Harshavardhan Chitale as CEO of Philips Lighting solutions, South Asia, effective from 1st January, 2015. In his new role, Chitale will be based in Gurgaon and will be responsible for driving and building the Lighting Solutions business for Philips in India.
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India Cements´ QIP proposal okayed
India Cements Ltd (ICL) has received shareholder approval for raising Rs 500 crore through qualified institutional placements (QIP) or foreign currency convertible bonds (FCCB) to meet its capital expenditure needs.
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UP clears Metro rail projects
The Uttar Pradesh Cabinet has okayed the detailed project reports (DPRs) for Metro rail projects in four major cities. The Cabinet meeting, chaired by Chief Minister Akhilesh Yadav, approved DPRs for Kanpur, Meerut, Agra and Varanasi.
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3G spectrum: TRAI proposes 18% cut in reserve price
The Telecom Regulatory Authority of India (TRAI) has prescribed an 18 per cent reduction in the reserve price for 3G spectrum to be auctioned in February.
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GSM operators add 82.1 lakh subscribers in November
GSM mobile operators added 82.1 lakh users in November taking their overall subscriber base to 67.02 crore at the month-end.
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Rs.5.7 lakh cr for stalled projects
The Planning Commission has told Prime Minister Narendra Modi that additional funds of Rs 5.7 lakh crore will be required to complete 738 Central projects in various infrastructure sectors. Almost Rs 5.6 lakh crore has already been expended on these projects.
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Global Vision
Avantha Group Company CG has announced the appointment of Sanjay Singh as Executive Vice President and Global Head - Human Resources. Singh will be a member of the Executive Committee and will report to CEO & Managing Director, Laurent Demortier. He will be based in the CG Headquarters in Mumbai.
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Light Metro projects wait for nod
Though the detailed project report (DPR) of the ambitious light Metro rail projects being proposed in Thiruvananthapuram and Kozhikode