NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Plant Automation Technology portal grants a dynamic and diverse feed of news items.

Wednesday, Nov 09, 2016
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Tata Communications' net profit surged by 41.56 per cent for the second quarter of 2016-17, a regulatory filing by the company said here on Tuesday. The company posted net profit of Rs 267.65 crore for the July-September quarter of 2016-17 compared to Rs 189.07 crore posted during the corresponding quarter…

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Telecom regulator Trai is expected to release this week its recommendations on free data services in the wake of its ban on free Internet platforms like Facebook's Free Basics and Airtel Zero."We expect to issue recommendation on free data service by end of this week," Trai Chairman RS Sharma told…

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The India-UK CEO Forum today announced setting up of an Advanced Material and Manufacturing Technology Centre in India, modeled on the high-value catapult centres of the United Kingdom.The Forum's meeting coincided with the visit of British Prime Minister Theresa May here. The centre will be established with equal participation from…

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AEVOLVE Technology Incorporation, a U.S.-based company, on Sunday said it was set to collaborate with ATD Communication Services Ltd to change the face of digital broadcasting in Nigeria. The President of AEVOLVE, Mr Leslie Snead, made the disclosure while addressing newsmen on the project’s structure with their indigenous partner, ATD…

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New rules adopted yesterday in a close vote by the Federal Communications Commission (FCC) are aimed at increasing privacy protections for customers of broadband Internet services. The rules spell out opt-in and opt-out requirements for different types of customer data that ISPs can use or share with others, and also…

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Vodafone's Dutch subsidiary said on Friday it had sold fixed-line operations with around 150,000 customers to Deutsche Telekom subsidiary T-Mobile Nederland for an undisclosed sum. Vodafone agreed to sell the operations as a concession to European Union regulators in order to gain approval for the larger merger of Vodafone's Dutch…

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Dalian Wanda Group announced on November 4 the acquisition of a 100% stake in Dick Clark Productions, Inc. (DCP) for approximately $1 billion, marking Wanda's entry into the television production industry. It’s a big step forward in expanding Wanda’s map in the entertainment industry. Founded in 1957, DCP is a…

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Viacom Inc, the owner of Comedy Central, Nickelodeon and MTV, is in talks to acquire Argentine broadcaster Television Federal SA from phone carrier Telefonica SA (TEF.MC) for up to $385 million, according to people familiar with the deal. The deal could be announced as soon as this week, said one…

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Smartphone chipmaker Qualcomm Inc , which agreed to buy NXP Semiconductors NV for about $38 billion last week, reported a 13.3 percent rise in quarterly revenue on Wednesday, helped by strong demand. Net income attributable to Qualcomm rose to $1.60 billion, or $1.07 per share, in the fourth quarter ended…

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Chipmaker Broadcom Ltd said it would buy Brocade Communications Systems Inc (BRCD.O) for $5.5 billion, pushing deeper into the fast-growing market for network equipment used in data centers. The deal, the latest in a consolidating chip sector, will allow Broadcom to corner a larger share of the data center products…