Category: Business

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Business, Environment, Reportage at IIJNM

Hefty safeguard duty could severely spike solar energy prices

A 70 per cent safeguard duty being mulled could reverse last year’s crash in prices. Bangalore, April 9, 2018: Solar energy prices could spike significantly, up to Rs. 3.30 to 3.75 per kilowatt hour, if the proposed safeguard duty of 70 per cent on solar modules—mainly imported from China, Taiwan, and Malaysia—is implemented. While a crash in solar panel prices last year aided the fall … Continue reading Hefty safeguard duty could severely spike solar energy prices

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Business, Development, Reportage at IIJNM

India’s agri sector set to lose 5.6 million jobs by 2019

This is the steepest decline in a two-year period since 2010. Bangalore, March 8, 2018: The Indian agricultural sector is set to lose about 5.6 million jobs between 2018 and 2019 according to the International Labour Organization’s employment outlook report. This is the steepest decline over two consecutive years since 2010, after holding steady for five years between 2012 and 2017, shows the data available on … Continue reading India’s agri sector set to lose 5.6 million jobs by 2019

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Business, Reportage at IIJNM

Row after the Sun set on Udaya News

Udaya TV Workers’ Union claim the network violated labour laws while laying off scores of employees. Bangalore, March, 20, 2018: As many as 200 ex-Udaya News employees are set to go on a strike to protest unpaid benefits and dues to workers who were fired last year, said G R Shivshankar, General Secretary, Trade Union Co-Ordination Centre The Udaya TV Employees union said that 68 … Continue reading Row after the Sun set on Udaya News

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Business, Reportage at IIJNM

Solar in India struggling to rise and shine

Domestic companies trying to harness the power of the sun have registered declining sales in the past year Bangalore, Feb 1, 2018: Sales at the biggest publicly listed Indian solar companies have dipped significantly in the last year casting a dark shadow on the immediate future of domestic solar manufacturing. Major solar cell and panel manufacturers such as Indosolar, Moser Baer, Websol, Swelect and solar project … Continue reading Solar in India struggling to rise and shine

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Business, Reportage at IIJNM, Science & Tech

Outsourcing meets Crowdsourcing

India’s IT Industry is warming up to a crowdsourced way of doing things. Bangalore, January 18, 2017: Crowdsourcing of technical work is going mainstream in India with more and more IT companies tapping into the power of the crowd to get the work done while saving time and cost overheads. Topcoder—the world’s largest marketplace for software designers, developers, and data scientists—launched a platform called Hybrid Crowd … Continue reading Outsourcing meets Crowdsourcing

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Business, Environment

GST revision leaves electric vehicle manufacturers unimpressed

  Automotive batteries have been retained in the 28 per cent slab while electric cars have been put in the 12 per cent tax slab. Bangalore, November 23, 2017: Electric car manufacturers are unhappy about the GST council’s decision to retain automotive car batteries in the highest tax slab. The revision of GST Tax rates in November has retained automotive batteries in the highest tax slab … Continue reading GST revision leaves electric vehicle manufacturers unimpressed

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