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Optus pays $1.5m fine after ACMA investigation

“All telcos need to have systems in place that ensure they are meeting their obligations, including having robust oversight and assurance processes for third-party suppliers.”Yorke said that if Optus fails to further comply it could face action in the Federal Court, which can order penalties of up to $10 million per breach.The investigation is separate to last year’s mass Optus outage, in which more than 2000 Optus customers were unable to get through to triple-zero over a 16-hour period.Former Optus chief executive Kelly…

Uno Minda to showcase tech prowess abroad; plans higher R & D spend, large projects on home turf, ET Auto

Uno Minda earns 18% of its revenue from international business, and it bets on the tech show approach to help increase that figure, and equally importantly to increase its India business.A team from Uno Minda prepares for a business trip to Thailand. It’s not the company’s first trip to the South East Asian country, but it’s the first time that it’s going there to host a “tech show” at the regional HQ of a global OEM. Prior to this, it went to a few global majors

Auto Expo 2023 – Components Show Witnesses Largest-Ever Footfall

Last Updated: January 17, 2023, 15:00 ISTVinnie Mehta, Director General, ACMA, speaking at the press conference of Auto Expo 2023 — Components Show (Photo: Paras Yadav/News18.com)Auto Expo 2023 - Components Show witnesses 800 plus exhibitors from 15 countries with six country pavilions packed stalls with serious visitors The Auto Expo 2023 - Components Show ended on Sunday with the largest-ever footfall of 1,22,500 business delegates from 65 countries, CII said.The event had pavilions from Japan and South Korea, among…

Domestic Automobile Industry Actively Enhancing Localisation of Electric Components

Last Updated: January 16, 2023, 14:07 ISTImage used for representation. (Photo: PTI)In the first half of the current fiscal, imports of auto components grew by 17.2 percent to Rs 79,815 Cr from Rs 64,310 Cr over the first half of 2021-2022The domestic automobile industry is scaling up efforts to enhance localisation of electronic components in order to curtail dependence on other countries, especially China, as per auto component industry body President Sunjay Kapur.In an interaction with PTI, Kapur noted that the…

Nitin Gadkari Urges Automakers to Adopt Global Safety Norms for Cars in India

Road Transport Minister Nitin Gadkari on Wednesday said majority of automobile manufacturers in India are already exporting cars with six airbags, and there is a need to adopt similar safety norms for cars in the country, stressing that they should also think about safety of people using small economy cars. Addressing the annual session of Automotive Component Manufacturers Association of India (ACMA), Gadkari pointed out that every year, some 5 lakh road accidents kill 1.5 lakh people and injure over 3 lakh. “Majority of…

EV startups vertically integrated, standalone component makers will continue: ACMA

There will be space for stand alone auto component makers in the electric vehicle (EV) manufacturing space even though some manufacturers are vertically integrated, said a top official of Automotive Component Manufacturers Association of India (ACMA)."Vertical integration will be a cycle. EV startups will begin doing everything in house. When they grow big they will farm out. There will be space for component players," Sunjay Kapur, President of ACMA and Chairman of Sona Comstar told the media on Monday."The industry…

Australia to Make Big Tech Hand Over Misinformation Data to Regulator

Australia's media regulator will be able to force internet companies to provide internal data about how they have handled misinformation and disinformation, the latest measure by the country's government to crack down on Big Tech.The Australian Communications and Media Authority (ACMA) will also be able to enforce an Internet industry code on uncooperative platforms, the federal government said on Monday, joining governments around the world seeking to reduce the spread of harmful falsehoods online.The planned laws are a…