Philips to raise local sourcing for LEDs

Last Updated: Sunday, May 17, 2015, 15:34

The LED market, at present, is estimated at around Rs 2,275 crore in India and is growing at a compounded annual growth rate (CAGR) of more than 40%

A new WiFi technology that delivers 10 times the speeds

Last Updated: Tuesday, April 28, 2015, 00:41

WiFi is all set to be 10 times faster thanks to an assist from a LED-based system that can up transmission bandwidth by a tidy 10x.

New LED tech boosts Wi-Fi bandwidth tenfold

Last Updated: Tuesday, April 21, 2015, 13:20

The technology could be integrated with existing WiFi systems to reduce bandwidth problems in crowded locations, such as airport terminals or coffee shops, and in homes where several people have multiple WiFi devices.

Kiran Mazumdar Shaw elected 1st non-executive chairman of ABLE

Last Updated: Monday, April 6, 2015, 17:44

The ABLE executive council elected Mazumdar Shaw, who chairs Karnataka's Vision Group on Biotechnology and also serves on the Advisory Council of the Government's Department of Biotechnology.

Philips to sell 80.1% stake in LED components biz for $2.8bn

Last Updated: Tuesday, March 31, 2015, 17:23

Diversified Dutch firm Royal Philips will sell 80.1 percent stake in its combined LED components and automotive lighting business for about USD 2.8 billion to a consortium led by GO Scale Capital.

Philips to sell major stake in LED, car lighting arm for $2.8 bn

Last Updated: Tuesday, March 31, 2015, 11:41

Dutch electronics giant Philips on Tuesday said it was selling a majority stake in its LED and car lighting arm to a consortium led by China-based GO Scale Capital investment fund in a deal worth $2.8 bn.

Australia, Russia sign up for China-led AIIB

Last Updated: Saturday, March 28, 2015, 18:48

Australia and Russia on Saturday announced their decision to join the China-funded Asian Infrastructure Investment Bank (AIIB), joining the last-minute rush to sign up to the USD 50 billion bank before the March 31 deadline amid speculation that the US too may apply.

India can save $7 bn per annum by use of LED bulbs: Piyush Goyal

Last Updated: Friday, March 27, 2015, 16:52

India can save up to USD 7 billion (about Rs 43,750 crore) annually by replacing incandescent lamps with energy efficient LED bulbs, Power Minister Piyush Goyal said on Friday.

VU XT800 LED TV: Review

Last Updated: Tuesday, March 24, 2015, 13:49

We got the first hand review of the VU XT800.

Mumbai will save Rs 80 cr per year with LED lights: Goyal

Last Updated: Sunday, March 22, 2015, 21:15

Union minister of state for coal and power, Piyush Goyal said today that Mumbai will be able to save up to Rs 80 crore per year with installation of LED bulbs as street lights.

How Europe and U.S. stumbled into spat over China-led bank

Last Updated: Sunday, March 22, 2015, 20:21

Historians may record March 2015 as the moment when China`s chequebook diplomacy came of age, giving the world`s number two economy a greater role in shaping global economic governance at the expense of the United States and the international financial institutions it has dominated since World War Two.

Switzerland, Luxembourg plan to join China-led development bank

Last Updated: Saturday, March 21, 2015, 11:44

Switzerland and Luxembourg are planning to join the Beijing-backed development bank AIIB, China`s finance ministry said, the latest European nations to sign up to the multilateral lender which has drawn scepticism from the United States.