Author : wirecable

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,......

Andhra Govt.’s Rs.22,600 Cr. Investment for Fortifying Energy Infrastructure

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

The investment is recognition of power’s key role in state gross domestic product April 20, 2015 The State Government has decided to make investment of Rs. 22,600 Crores in various sectors of Generation, Transmission, Distribution, Renewable Energy and Energy Conservation in the year 2015-16. They include Rs. 1500 crore for......

9000 Mile Long Undersea Cable Project Worth USD 250 Begins

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

The South East Asia-U.S. system, the undersea cable, will link five areas and territories April 14, 2015 The USD 250 million undersea fiber-optic cable project that will add capacity to the growing Internet traffic between Asia and the U.S. mainland — via Guam and Honolulu — has started, GTA Teleguam......

RailTel Plans Turnover Rs. 1,000 crore by 2017

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

Railtel is set increase its optical fibre network by another 5,000 km to reach 50,000 km by March 2016 Apr 17, 2015 State-run telecom infrastructure firm RailTel is aiming to double its turnover to Rs 1,000 crore in course of the coming two years as it is expanding its presence......

Digital India Gets 20K Villages Broadband Connected

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

NOFN to be renamed as BharatNet April 3, 2015 The committee which was set up by PM Modi to oversee and examine the Digital India vision has reported that as of now, 20,000 villages have been connected via broadband under National Optical Fibre Network (NOFN) plan. At the same time,......