Get latest articles and stories on Business at LatestLY. Panasonic Life Solutions India, a wholly owned subsidiary of Panasonic Corporation, today announced the opening of its new manufacturing facility in Sri City, Andhra Pradesh. Business News | Panasonic Life Solutions India Inaugurates the Electrical Construction Material Segment s First of Its Kind Manufacturing Unit in Sri City, Andhra Pradesh.
Indian Hospitality Sector News - , Business-The facility in Sri City marks the first electrical equipment manufacturing base of the company in southern India
Mumbai (Maharashtra) [India], March 3 (ANI/BusinessWire India): Panasonic Life Solutions India (PLSIND) in association with FIAT India Automobiles Limited announced the commissioning of a 6 MWp rooftop solar plant in Ranjangaon, Pune, Maharashtra.
Mumbai: Steel user industries like auto, construction and engineering goods sector have welcomed the announcements made by the Finance Minister to slash customs duty on steel products to 7.5% from 12.5%, and exempting duty on import of steel scrap.
Reacting to the Budget proposals, Engineering Export Promotion Council (EEPC) India chairman Mahesh Desai said that slashing customs duty uniformly to 7.5 per cent on key iron and steel items , along with customs duty exemption on steel scrap up to March, 2022 is a big positive. It is a great move for Atmanirbhar Bharat and the MSMEs who had been hit hard for an unprecedented increase in the recent months,” Desai said.
Cyber security is becoming big business. Here s why
Illustration by Raj Verma
Grocery is a boring, low-margin business. But that did not prevent cyber criminals from stealing data of 20 million customers of online grocer BigBasket and selling it for a staggering $40,000 or nearly Rs 30 lakh on the dark web. And that too non-financial data such as name, email ID, PIN, contact number, address, date of birth, location, IP address.
BigBasket had thankfully not stored customers financial data such as debit/credit card details. But companies and their customers are not always so fortunate. In 2016, security of close to 3.2 million debit cards issued by major banks, including SBI, HDFC Bank, ICICI Bank, Yes Bank and Axis Bank, among others, was compromised. The breach, caused by a malware on an ATM network, resulted in not just financial loss to consumers and banks but also dented people s trust in digital banking.