Indian electronics companies get relief on BIS Certification

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Indian electronics companies get relief on BIS Certification 
There is a sigh of relief for those electronic companies who have not got the BIS certification for their products yet. As per the latest information, the Indian Government has decided to extend the deadline for mandatory registration of all the products they sell.
Earlier, companies were given a deadline till 3rd October to get their products (including videogames, microwave ovens, laptops, tablet computers, projectors, servers and LCD televisions) certified by theBureau of Indian Standards (BIS), a compulsory requirement for the sale of such products in India.
The crucial decision was taken at a meeting between Kapil Sibal, the Union Minister for Communications and Information Technology (IT), and the representatives of the industry along with some other trade lobby groups.
It is worth noticing here that the Government has already extended the deadline twice because of absence of enough labs where the products can be registered. A person familiar with the matter informed the VARINDIA team that only 50 per cent of the products have got BIS certification, as of now.
J. V. Ramamurthy is new MAIT President
According to J. V. Ramamurthy, President of the Manufacturers’ Association of Information Technology (MAIT), and President and Chief Operating Officer of HCL Infosystems Ltd, “With new applications being submitted every day, it is impossible to clear the entire backlog before 3 October.”
However, it is difficult to say anything confirmed on this as no official from the Indian Government has announced anything about the extension of the due date for BIS certification. So, stay tuned to varindia.com to get further update on this........See More

Comments

Post a Comment

Popular posts from this blog

N Chandrasekaran appointed chairman of Tata Sons

Image
The board of directors of Tata Sons, at its meeting has unanimously appointed N Chandrasekaran as executive chairman, Tata Sons. N Chandrasekaran shall take charge from February 21, 2017. The board of Tata Sons said, “Chandrasekaran has demonstrated exemplary leadership as the chief executive officer and managing director, Tata Consultancy Services. We believe he will now inspire the entire Tata group to realise its potential acting as leaders in their respective businesses, always in keeping with our value system and ethics and adhering with the practices of the Tata group which have stood it in good stead.” Chandrasekaran was the chief executive officer and managing director of Tata Consultancy Services since 2009. A Tata lifer, he had joined the company in 1987 and was appointed as a director on the board of Tata Sons on October 25, 2016.
Read more

Visa buys NFT based CryptoPunk and paid $150,000 in Etherium

Image
Visa buys NFT based CryptoPunk and paid $150,000 in Etherium:  Leader in the digital payments   Visa   has purchased a digital CryptoPunk for $150,000, marking the company's first ever   NFT   purchase. The deal is clearly shows that, Visa is stepping into the world of NFTs with its purchase of   CryptoPunk 7610 .   Going forward, NFTs and Visa to align and integrate them in new brand strategy to gain a sizable market share. However, NFTs have often been compared to physical collectible items like rare trading cards and works of art.   The CryptoPunk 7610, which feBlatures a female punk with a mohawk and large green eyes. "We envision there could be a future where your crypto address becomes as important as your mailing address," Visa's Head of Crypto said.   An NFT - which stands for non-fungible token - is a unique digital asset designed to represent ownership of a virtual item. Unlike bitcoin and other cryptocurrencies, NFTs can’...
Read more

Prizm Payment Services changes its name to Hitachi Payment Services

Image
Hitachi Payment Services Pvt. Ltd has changed its corporate name from Prizm Payment Services Pvt. Ltd (“Prizm Payment Services”) to Hitachi Payment Services Pvt. Ltd (“Hitachi Payment Services”). “The new name reflects Hitachi’s commitment to business expansion in India, and to build a strong global financial payments offering leveraging the expertise of the Prizm Payment Services acquisition. Hitachi sees immediate potential to grow in the Asian subcontinent markets with the epicentre of growth being India, and migrate into other markets. Also, the name change will have no change on Prizm Payment Services’ operations,” said Loney Antony, Managing Director, Hitachi Payment Services. “Hitachi had acquired Prizm Payment Services with the aim of accelerating global development of IT services businesses targeting financial institutions, particularly in the fast-growing Asian region, and the company has been the gateway of entering into the services business in India for Hitachi. We ...
Read more