India Open to Business with China, Says Foreign Minister Jaishankar India is not “closed to business from China,” but the focus lies on determining the sectors and terms under which such business is conducted, said Foreign Minister Subrahmanyam Jaishankar at…
Cabinet Approves Fifth Semiconductor Unit in India with ₹3,307 Crore Investment The Union Cabinet has approved Kaynes Semicon’s proposal to set up a semiconductor unit in Sanand, Gujarat, with an investment of ₹3,307 crore (US$394.15 million), marking the fifth such…
Indian PC Industry Seeks Clarity on Import Policy Amidst Uncertainty Over IMS and Potential Quota System The Indian PC industry has called on the government for greater transparency and stakeholder engagement as it faces uncertainty over impending import policy changes.…
Apple to Begin Assembling First Made-in-India iPhone Pro Models This Year In a significant shift in its global production strategy, Apple is set to start assembling its iPhone 16 Pro models in India, marking the first time the tech giant…
Tata Electronics Launches $3.2 Billion Semiconductor Plant in Assam, Expands India’s Chip Manufacturing Ambitions Tata Electronics has commenced construction on a $3.2 billion semiconductor assembly plant in Jagiroad, Assam, marking a significant step in India’s growing semiconductor industry. The project,…
Ola Electric IPO Sees Strong Demand Despite Falling Grey Market Premium The Ola Electric Mobility IPO witnessed robust interest, achieving a subscription rate of over four times on the third day of bidding. The employee section topped the subscription chart…
Rapido Becomes Unicorn Amid Surge in India’s Space Tech Sector India’s space technology sector has achieved a significant milestone, securing a record-breaking $126 million in funding for 2023. This marks a 7% increase from 2022 and an impressive 235% jump…
Swiggy Instamart Strengthens Leadership with Key Hires from Amazon and Reliance Ahead of IPO Swiggy Instamart, the quick-commerce arm of the IPO-bound food and grocery delivery giant Swiggy, has bolstered its leadership team with significant hires from industry titans Amazon…
AMD and IIT Bombay Partner to Boost Semiconductor Startups in India Global chip giant AMD has announced a strategic partnership with the Society for Innovation and Entrepreneurship (SINE), an incubator at IIT Bombay, to support semiconductor startups in India. As…
Gaming industry expected to reach Rs 25,300 crore by the end of 2024–2025: report The Indian gaming industry is set to experience significant growth, expanding by 20% year-on-year to reach Rs 25,300 crore by the end of the 2024-25 financial year,…