Three-month relief in import curbs saves festival season for PC makers

Original equipment manufacturers (OEMs) heaved a sigh of relief after the government decided to delay the licensing mandate for the import of personal computers by nearly three months. With this, import restrictions are not expected to dampen PC (including laptops, desktops, notebooks, and workstations) shipments ahead of the upcoming festival season. The licensing… Continue reading Three-month relief in import curbs saves festival season for PC makers

Top News headlines, August 05: Govt defers laptop import curbs, Go First insolvency

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Import curbs & Indian economy, Haryana politics & more

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Curbs on laptop imports to check hardware with in-built security loopholes

The government has imposed a licensing requirement for the import of laptops, tablets and personal computers to guard against IT hardware coming in with in-built security loopholes that may potentially endanger sensitive personal and enterprise data, top sources said. With India having sufficient capacity for IT hardware devices manufacturing, the requirement of purchasers… Continue reading Curbs on laptop imports to check hardware with in-built security loopholes

Laptop import curbs lift EMS stocks but analysts warn of jumping the gun

The government’s recent import restrictions on laptops, tablets, personal computers, and other similar data-processing units have led to a massive rally in stocks of related electronics manufacturers. Investors lapped up shares of Dixon Technologies, Optiemus Infracom, Syrma, Netweb Tech, and HCL Infosystems, which surged up to 17 per cent over the last… Continue reading Laptop import curbs lift EMS stocks but analysts warn of jumping the gun

Personal computer firms to seek 3-month reprieve from import curbs

SURAJEET DAS GUPTA New Delhi, 3 August   Personal computer (PC) companies are planning to request  the Directorate General of Foreign Trade (DGFT)  to provide a three-month grace period before implementing the newly imposed import licensing requirement, even as their associations have asked for an urgent meeting with the officials on the… Continue reading Personal computer firms to seek 3-month reprieve from import curbs

Dixon Tech, Optiemus, HCL Info rally 8-9% on laptops, tablets import curbs

Shares of consumer electronic makers rallied on the bourses in Thursday’s trade after the central government restricted imports of laptops, tablets, and personal computers with immediate effect in a fillip to domestic electronic manufacturing. The share price of consumer electronics maker Dixon Technologies surged 8.3 per cent to its intra-day high of Rs… Continue reading Dixon Tech, Optiemus, HCL Info rally 8-9% on laptops, tablets import curbs

Rice supply faces new threat as Thailand urges crop curbs to save water

By Anuchit Nguyen and Mai Ngoc Chau Thailand has urged farmers to reduce their rice planting to save water following poor rainfall, a move that poses a fresh threat to global supply after India banned some shipments of the grain.   Farmers in the key central region have already planted most of… Continue reading Rice supply faces new threat as Thailand urges crop curbs to save water