Mega Networks News Today

Happy Monday! The countrys central bank has asked payment companies to flag high-value suspicious transactions amid the ongoing general elections. This and more in todays ETtech Morning Dispatch.

Mega Networks is one of two Indian firms chosen for the production-linked incentive (PLI) scheme 2.0 for IT hardware. Under this, the government gives an incentive of around 5% on net incremental sales of goods manufactured in India.

Mega Networks is one of two Indian companies to be selected for the production-linked incentive (PLI) scheme 2.0 for IT hardware, under which the government provides an incentive of around 5% on net incremental sales of goods manufactured in India.

Citing example of Intel and its peers, who work on more advanced semiconductor nodes of 7 nm and below, he said it’s a lot more complex consideration for the company as manufacturing these advanced nodes is capital intensive

The event was a showcase for indegenious products developed with the help of Intel technology.

Gadget News : Get all latest gadgets and technology news on mobile phones, Desktop computer, Laptops, Mp3 players , Camera and all other gadgets.

Intel India made a significant contribution to the 'Make in India' initiative by unveiling a range of domestically manufactured laptops and IT products at the India Tech Ecosystem Summit.

Interview with Mega Networks CEO Amrish Pipada, "Mega Networks Pvt Ltd. is a key technology partner for several Indian government agencies" - Mr. Amrish Pipada, CEO, Mega Networks Pvt Ltd.

Information technology minister Ashwini Vaishnaw said the companies are expected to invest Rs 3,000 crore ($360 million) collectively, while creating 50,000 jobs in the sector

The scheme, which covers laptops, tablets, PCs, servers and ultra-small form factor devices, is expected to fuel incremental investments of about Rs 3,000 crore.