Samsung, HP, Dell, Wistron and Foxconn have recently come out and called for targets in the upcoming production-linked incentive (PLI) scheme for hardware to either be revised or for the timeline to be extended. These companies, by reaching out to the ministry of electronics and IT via separate meeting, said that without these proposed changes, applicants might be discouraged from taking up the scheme and investing in India. They also... Read More
Union Minister Sanjay Dhotre has stated in the Lok Sabha that the government has no plans as of now to close the public sector telcos such as BSNL and MTNL. This is a sigh of relief for users of these services since they have been part of the loss-makers and some were predicting an exit for Bharti Sanchar Nigam Limited. The minister shared that the losses incurred by BSNL had... Read More
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