General Cable Sells Its Interests in Fiji and China Joint Ventures

wirecableMay 28, 2015June 16, 2015

May 28, 2015June 16, 2015

Proceeds from the sales were used to reduce outstanding borrowings April 2, 2015 General Cable Corporation announced that it has completed the sale of its interests in joint ventures including Dominion Wire and Cables (Fiji) and Keystone Electric Wire and Cable (China) for cash consideration of USD 21 million. In......

Corning Acquires Samsung Electronics’ Fiber Optics Business

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

Acquisition supports optical communications growth in Asia March 31, 2015 Corning Incorporated announced that it has completed the previously announced acquisition of Samsung Electronics Co., Ltd.’s fiber optics business. Samsung Electronics is a trusted provider of optical fiber, cable, and connectivity for customers in South Korea, China, and Southeast Asia.......

TPC Introduces Trex-Onics® Sootblower Cable

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

The new lightweight sootblower cable is designed to survive the harsh industrial environments April 28, 2015 TPC Wire & Cable Corp., a leading supplier of wire, cable, connectors and assemblies is pleased to introduce a new lightweight sootblower cable that is designed to survive the harsh industrial environments where boilers......

Leoni Acquires a 134,000 Sqm Site for Its “Factory of the Future”

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

Leoni’s ambition is to establish Europe’s most modern cable plant March 23, 2015 Given that the rich-in-tradition production site on Stieberstraße in the centre of Roth no longer provided any scope for development as it is constrained by the street, the Rednitz river and the factory canal, Leoni decided to......

News Wire & Cable News

Withdrawal of Copper Export Incentive Puts Copper Producers in Jittery

wirecableMay 28, 2015July 8, 2021

May 28, 2015July 8, 2021

The withdrawal, effective from April 1, 2015, has made the country’s copper exports globally uncompetitive, they say. March 28, 2015 In a move to meet the global competency, key copper producers have joined together seeking incentivisation of duty on exports of refined copper. A public sector company Hindustan Copper and......

Suprajit to Buy Phoenix Automotive Lamp

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

Phoenix Lamps makes automotive lighting for Indian and foreign auto firms May 06, 2015 Auto cable manufacturer Suprajit Engineering Ltd. recently said it will buy 51-61.88 percent in Phoenix Lamps Ltd. from Argon India Ltd. Mauritius and Argon South Asia Ltd, Mauritius, at Rs.89 a share that has a face......

PGCIL Nominated to Develop 20,000 MW Green Corridor

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

Centre bypasses bid route to award PGCIL the next phase of Bhuj-Banasthali-Chittor-Ajmer green corridor March 26, 2015 The NDA government’s emphasis on the auction route for awarding core sector contracts notwithstanding, state-owned Power Grid Corp (PGCIL) has been nominated to develop green transmission corridors for 20,000 MW of upcoming solar......

Reliance Industries’ Capital Commitment for Telecom Business Stands at Rs. 88,000 Crore

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

Reliance Jio has so far deployed about Rs. 52,400 crore as of March 31 April 21, 2015 Reliance Industries (RIL) has so far committed Rs. 88,000 crore (USD14 billion) of capital to its telecom business, as per sources. This does not include the Rs. 10,077.53 crore the telecom subsidiary, Reliance......

Indian Railways as Cable and Internet Provider

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

RailTel would be eyeing mostly the non-metro areas not considered by many MSOs as profitable April 23, 2015 Indian Railways is set to become your neighborhood cable and broadband service provider. Its arm RailTel Corp would soon take the project nationwide, which till now was being tested in southern states.......

BSNL to Invest Rs. 7000 Crore

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

By the end of 2015, 2500 Wi-Fi spots to be set up April 3, 2015 BSNL has announced that they will invest Rs. 7000 crore to set up 3G and 4G Wi-Fi spots across every nook and corner in the country. While speaking at the TeleAnalysis event in New Delhi,......