March 5, 2019

News for the IET

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News for other PEI

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Industry News: Information and Communications

5G deployment is more easy thanks to Infosys, HERE and Shieldsedit

Telecom Lead

The latest GSMA report said mobile operators will be investing around $480 billion between 2018 and 2020 in Capex – mainly driven by 5G mobile service providers because quality of 5G services will depend on hyper dense network.

5G networks will be ready in 64 new markets over the 2021–2025 period, bringing the total number of 5G networks to 116.

Telecom network engineers know that mobile operators will need to deploy small cells at every 200-250 meters on many types of infrastructure such as electric utility poles, street light poles, bus stands, roof tops, traditional cell towers, etc.

5G
Bahrain Invites Indian Fintech Firms to Set Up Blockchain, Cryptocurrency Industriesedit

Crypto News

While the Indian government ‘mulls over cryptocurrency regulations’, other countries are already taking steps towards the same. In order to promote Bahrain, and by extension, Middle East, as a hub for business enterprises, the country has invited Indian fintech firms to set up business in areas such as open banking, blockchain, crypto assets, robo advisory and remittances.

Blockchain
Blockchain startup InsinoVentures raises funds to escalate their services to international marketedit

The Economic Times

Gurgaon based blockchain startup Insino Ventures has raised an undisclosed amount of angle funding from a pool of HNIs. The company will use the funds for expanding to new geographies, strengthening its product and developing technology. It is also looking to invest in international market by the end of this year.

Blockchain
Wipro partners with RiskLens to offer cyber security related servicesedit

The Economic Times

WiproNSE -2.13 % said it has partnered with RiskLens to deliver quantitative cyber risk assessments to enterprise customers and government organisations. The Indian IT services major said the new services delivered through this partnership would meet the rising and urgent demand from enterprises for better insights into losses from cyber-attacks.

CyberSecurity
Data localisation will lead to government control of user data, says expertedit

The Financial Express

The draft e-commerce policy that aims to restrict the cross-border flow of data generated through e-commerce platforms, social media, search engines or Internet-of-things (IoT) devices would lead to government control over user data, said Founder Secretary General of Cuts International Pradeep Mehta. Cuts is a non-governmental think-tank doing research, advocacy and networking on trade and regulatory issues.

IoT
Piramal Glass Implements India’s First IoT Solution In The Glass Manufacturing IndustryPiramal Glass Implements India’s First IoT Solution In The Glass Manufacturing Industryedit

Express Computer

After implementing the Real Time Manufacturing Insights, (RTMI), the production efficiency has been enhanced by 1 percent, which means the production lines (each of the five plants) are able to manufacture 1 percent more, which amount to 20 crore in monetary terms, since the technology started working in all the plants over nine months back.

IoT

Industry News: Future of Mobility

BHEL installs first solar EV charging station on Delhi-Chandigarh highwayedit

The Economic Times

State-owned engineering and manufacturing giant Bharat Heavy Electricals Ltd (BHEL) today announced it has installed the first solar electric vehicle (EV) charging station on Delhi-Chandigarh highway.

The first in a series of charging station on the entire 250 kilometer stretch was inaugurated by A R Sihag, secretary, Department of Heavy Industry (DHI) in the presence of BHEL Chairman Atul Sobti in Sonepat, Haryana. The project is covered under the Faster Adoption and Manufacturing of (Hybrid) & Electric Vehicles in India (FAME) scheme of DHI.

EVEV Charging
With Polls Round the Corner, Govt Stalls ₹7,500-cr EV ‘Feebate’ Planedit

The Economic Times

The government has put on hold its ₹7,500-crore ‘feebate’ plan to push electric mobility in the country, fearing that any additional financial burden on automobile and two-wheeler buyers could adversely hurt sentiments ahead of the general elections.

NITI Aayog, the government’s think tank, had proposed the levy of a fee of ₹500 on two-wheelers, ₹1,000 on threewheelers and an average of ₹12,000 on four-wheelers manufactured in the country to generate extra-budgetary resources of about ₹7,500 crore to be used to incentivise sales of electric vehicles. The fee was also expected to dissuade people from buying petrol and diesel vehicles and opt for electric vehicles.

EV
FAME-II to Help Commit Investments in Electric Vehicles: Auto industryedit

News 18

Automobile industry players said the government’s announcement of Rs 10,000-crore FAME-II scheme brings clarity and policy stability and will provide a big fillip to the popularisation of electric vehicles in India. Industry bodies SIAM, SMEV, along with companies like Mahindra & Mahindra and Tata Motors, lauded the phase-II of Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME) saying it will create an environment for all players to commit investments on the journey of sustainability.

EV
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