The demand for semiconductors has grown rapidly in the last few years. In India, the central government has planned to promote this segment. Recently, an agreement related to semiconductors was signed with Singapore. Netherlands-based company NXP Semiconductors has informed about investing more than one billion dollars (about Rs 8,400 crore) to double its research and…
To increase the sales of electric vehicles (EV) in the country, the central government has approved two schemes worth Rs 14,335 crore. Its aim is to promote EVs including buses, ambulances and trucks and reduce pollution. These schemes include PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) and PM-eBus Sewa-Payment Security Mechanism (PSM)….
Foxconn, a contract manufacturer of American devices maker Apple, has denied discrimination in hiring in the country. Foxconn was accused of not giving jobs to married women in its iPhone assembly factory. The central government had ordered an investigation into this matter. iPhone manufacturing has grown rapidly in the country in the last few years….
The crypto segment has grown rapidly in the country in the last few years. Despite high taxes, investors are increasingly interested in cryptocurrencies. This is the second consecutive year in which India has a high ranking in the world for investment in cryptocurrencies. However, in the last few months, regulators have also taken strict action…
Government telecom company Bharat Sanchar Nigam Limited (BSNL) has launched a ‘BSNL Live TV’ application for TV. This app is initially available for Android TVs. It can be downloaded from Google Play Store. However, its features are not known. A media Report It is told that this app is published by WeConnect. BSNL Live TV…
Social media app Koo is being shut down. This Indian startup was started about four years ago to compete with micro blogging platform Twitter (now called X). It will be shut down after acquisition talks with big internet and media companies failed. Koo was started by Aprameya Radhakrishna and Mayank Bidawatka. It provided services to…
Adani Group, one of the country’s largest business groups, and Israel’s Tower Semiconductor have tied up to set up a semiconductor plant in Maharashtra. An investment of about $10 billion will be made in this project. The central government is encouraging international companies to set up manufacturing units in the country. Prime Minister Narendra Modi’s…
India and Singapore have tied up to enhance mutual cooperation in semiconductors and digital technology. This can increase the importance of these two countries in the international supply chain of semiconductors. Tensions between the US and China are causing changes in the semiconductor segment. During the two-day visit of Prime Minister Narendra Modi to Singapore,…
Markets regulator SEBI has issued a show cause notice to the founder and other board members of financial services company Paytm for alleged irregularities in the company’s initial public offering (IPO) launched about three years ago. In this notice, a reply has been sought for giving incorrect information of facts. Paytm founder Vijay Shekhar Sharma…
Bharat Sanchar Nigam Limited (BSNL), a government telecom company that has been facing difficulties for the last few years, may get additional funds of Rs 6,000 crore from the central government for 4G network. BSNL and MTNL, which provide telecom services in Delhi and Mumbai, have received funds worth about Rs 3.22 lakh crore from…